0:00

If we've said it once, we've

0:02

said it hundreds of times, crypto

0:04

goes up, crypto goes down. It

0:06

just so happens this is one

0:08

of those down times. And while

0:10

it feels bad to see your

0:12

portfolio shrinking, there's many reasons to

0:15

be extremely optimistic, not the least

0:17

of which is the approaching halving

0:19

and the largely predictable four-year cycle.

0:21

The most optimistic projections still have

0:23

Bitcoin eventually hitting a million dollars.

0:26

We've got the latest news cycle covered and we'll

0:28

hit you up with all the juicy tidbits because

0:30

who doesn't like their bits, tidited and

0:32

juicy. It's stuff we find

0:34

interesting right here on our bad news episode

0:36

number 722. Oh

0:38

my, out of

0:41

the bad crypto podcast. Five,

0:43

four, three, two,

0:47

one, two, three.

0:51

Who's bad? Sometimes

1:12

I even crack myself up with my improv, Sir

1:14

Lord Travis, right? Because I don't know what a

1:16

titted, juicy bit even is. I don't know. I

1:18

don't know if I was muted or not, but

1:20

you might have heard me laugh. You

1:23

snickered and then I snickered and I thought

1:25

I'd like a good snickers from time to

1:27

time. He said titted and juicy. Who doesn't

1:29

love juicy titties? Welcome

1:32

to the bad crypto podcast. The

1:35

show for the crypto curious, serious and

1:37

inappropriate. Joel, come here, Travis, right there.

1:39

Glad you guys are with us for

1:41

another episode and the

1:44

halving is nigh, Sir Lord Travis.

1:46

It is nigh. It's true. And I

1:48

want to let you all know that to commemorate Bitcoin's

1:51

halving. I've actually cut my

1:54

Bitcoin up. My whole portfolio has

1:56

been cut in half. So it's good. That's

1:58

good. Let's all know there. Yeah, we don't

2:00

know how low we can go. Some

2:05

are projecting that 50 might be the bottom.

2:07

We actually dipped below today. Let's just go

2:09

ahead and get right into it as

2:11

I bring up the screen. For

2:13

those of you that are watching

2:15

the visual voyegean of the show

2:17

on YouTube, Rumble, or Odyssey TV,

2:20

you can see and follow the

2:22

bouncing ball with us a fresh

2:24

refresh on the 17th of April

2:26

at 1.21 p.m. Eastern Time

2:28

shows the crypto market cap at

2:30

Wat Wat San Trombone, $2.32

2:33

trillion Bitcoin, $60,644 down 12% over the last week, down

2:35

15% is Ethereum, $29.76, BNB

2:44

down 13%, $5.24 Solana big hit down 24% to $130. We've

2:52

got XRP at $0.48, Tuncoin entering the top 10

2:54

at $6.10, and Doge is rounding it

3:01

out here at $0.14.7. Ouchie,

3:05

Ouchie, Sir Lord Travis. Yeah,

3:07

well, you know, we

3:09

were talking about this and how it seemed

3:11

like because of Bitcoin's ETF, this

3:14

pre-having stuff or even the post-having

3:16

pop sort of happened before the

3:18

having. And so now it's almost

3:20

like we've gotten into this thing where the

3:24

maybe the excitement of the having has already happened

3:26

before the having. And so now we're seeing that

3:28

sort of traditional after having

3:31

dip. And but if

3:33

any, if there's any indication of this, you know,

3:35

we had a, this is a crazy week

3:37

realistically, not just crypto wise,

3:39

geopolitically, when you see Iran shooting

3:41

things into the iron dome of

3:44

Israel and you're going, wow, this

3:46

could be some, I mean, I

3:48

think the stock market and the

3:50

whole crypto world and everything got

3:52

a little, whoa, what's going to

3:55

happen here? And so we're

3:57

not full fledged World War III yet, but it seems

3:59

to be not. knocking on that door which

4:01

is not good. Well, you know, there's

4:03

always panic out there and all the

4:05

link bait, you know, World War III

4:07

starting. I'm like, you know what guys,

4:09

just slow your roll. I'm

4:12

looking outside here. It's sunny. I don't know.

4:14

Yeah. It's a beautiful day here and there's

4:16

some place. It's not if you're in Dubai. Do you see the

4:18

floods they had there? Holy cow. A

4:21

whole year of rain in one day.

4:24

Right. No, I'm looking at this. So a

4:26

friend of mine. So Russia

4:28

is going through massive floods. There's like all

4:30

these places all over the world that are

4:32

going through crazy floods right now. And

4:35

so and then I was looking at that.

4:37

I was like, wow, look at all these

4:39

damn floods. And then oh wow, look, look

4:41

at the geopolitical craziness. And it's like so

4:43

sometimes folks, the crypto markets and you know,

4:46

when people are charting and they're going here

4:48

and look at these lines here and the

4:50

EMA and the average and the all right.

4:53

Sometimes geopolitical things come into play that,

4:55

you know, look what happened with COVID

4:57

last time. Right. Last

4:59

March or 20 plan right before

5:01

the last having and then Bitcoin

5:03

is where and we were like,

5:06

no, no, no, Bitcoin supposed to

5:08

be decoupled from the global finance.

5:10

No. And then wow.

5:12

So I mean, we're looking at right

5:14

now this week has been, you know, crazy. A lot

5:16

of them. There's a lot of projects that are down

5:18

30 percent. I mean, I'm scrolling, scrolling

5:21

still over 30 percent, 30 percent. Wow.

5:24

So many a lot of the

5:27

top 100 took a huge dump and there's not very

5:29

many that didn't take a dump last. There's only what?

5:32

White Bitcoin and first digital USD. But

5:34

those are all stable coins. Yeah.

5:37

Nobody had a good week. You know,

5:39

it's interesting thing enough is

5:42

the only thing that is

5:44

still decoupled from standard

5:47

fiat currency is

5:49

gold. Precious metals. You

5:52

know, look at this. Still, you know, it's

5:54

all time high was about 2380 or

5:56

so and gold has stuck

5:59

strong in Bitcoin. is not there yet

6:01

as the store of value. You

6:06

know enough regulation that needs to come out

6:08

in order for people to go okay, this

6:10

is a safe harbor But I

6:12

believe this next run I've been watching some

6:15

of plan B stuff and I would love

6:17

for us to get him on the show

6:19

that dude is is super sharp and He

6:22

does not deter like the ups the downs

6:24

don't matter Here's what the charts say and

6:26

the charts say the halving is coming and

6:29

there is a standard Four-year

6:31

cycle that plays out because it's

6:33

mathematically programmed in to the Bitcoin

6:36

Algorithm scarcity is going to increase

6:38

and as of this podcast in

6:40

two days eight hours 15 minutes

6:43

and 42 seconds The

6:46

block having is going to happen and

6:48

it we are now going to be mining 3.125

6:52

Bitcoin every 210,000

6:56

blocks is that what it is yet 210,000 blocks and The

7:00

supply is going to slow it's going

7:02

to become more scarce And

7:04

although we had the hype on this

7:06

last three having run Most

7:09

people believe that that was ETF based

7:11

hype and not about the halving We

7:13

have yet to see the impact of

7:15

the halving and it's really the next

7:17

12 to 18 months that I

7:19

personally believe Not financial advice

7:22

do your own damn research that

7:24

incredible Generational wealth is

7:26

going to be made in Bitcoin

7:29

Yeah, it's just always a little scary, you know

7:31

It's like you never know and that's why people

7:33

who like weak hands They get

7:36

flushed out and that's just kind of the way

7:38

it goes now think about this though Joel I

7:40

mean we're looking at this, you know, we always

7:42

do what is the price

7:44

of Bitcoin to the US dollar? but

7:47

right now one

7:49

Bitcoin is 25

7:51

and a half ounces of gold All right,

7:54

that's crazy when you think of it like that and

7:56

remember when we started the show back in July of

7:58

2017 I

8:00

don't remember. I'm looking to see if I can see

8:03

exactly what the price of Bitcoin was I can't necessarily

8:05

see that but I think it was less than two

8:07

grand If I'm not mistaken when we started

8:09

the show. Yeah on the day we started the

8:11

show, okay I'll take a look at that. It's

8:13

good and share your point. I'll find it Well

8:15

a week up for that because I mean an

8:17

ounce of gold then was like what 17 1800 bucks I

8:20

was like it was almost like

8:23

one ounce of gold was one

8:25

was one Bitcoin. Okay, so July

8:29

2017 right about here Right

8:33

at $2,000. Yeah. Yeah, it was about one

8:35

to one one. That's a goal to one

8:37

Bitcoin here. We are Six

8:40

years later seven years later and one

8:42

one Bitcoin is 25 and

8:44

a half ounces of gold and that's what

8:46

the price of gold Increasing substantially right it

8:49

can I just point out also? Trav that

8:51

since we started the show like right after

8:53

we started the show just It

8:55

doubled like a month later

8:58

and then we went into a bull

9:00

run. So fun then it was ridiculous

9:02

We don't want to say that we're

9:04

responsible for really kicking off Bitcoin but

9:07

apparently bad crypto is built into

9:09

the algorithm and Buy

9:11

some fate we had something

9:13

nothing to do with it We don't really like

9:16

to toot our own horns that often but our

9:18

horns are very tunable now Look at this and

9:20

again, we kind of get plan B on the

9:22

show I just watched his most recent video and

9:24

he only does one video a month I think

9:27

it was our buddy JLD who told me to

9:29

go watch his stuff and So

9:32

reliable and he's he's stayed anonymous. So when

9:34

he comes on the show, you don't get

9:36

to see his face But he goes into

9:38

this and he talks about you know, here

9:40

is past price performance

9:42

on having the first having happened

9:45

right here in 2015 right And

9:50

then baba boom and back

9:52

a little bit and then baba boom and then down

9:54

down down Second half actually had two bull runs built

9:56

in that for after that first having there was a

9:58

bull run and then another bull run. It

10:00

was just like that thing and

10:05

then the second having here and what happened?

10:08

Remember this is this is exponential. This is

10:11

logarithmic. You're looking at it's not like oh

10:13

it went from here to here And then

10:15

double twice no no this is from $690

10:18

to $20,000

10:21

here okay, and then the third having happened here, and you

10:23

can see it go up We don't have all the stats

10:25

to take us all the way out to 2024 on this

10:27

chart But look

10:30

at this total number of Bitcoin now in circulation 19

10:33

million six hundred eighty five thousand Wow

10:37

93.7 poor percent of them mined 1.3

10:41

million left to mine and And

10:45

we're just about there. It's a having celebration Yeah

10:49

Yeah, yes, so I

10:52

mean in I Think

10:54

you know historically and in looking at

10:56

the charts and we're talking about charts

10:58

and sometimes depending on geopolitical stuff charts

11:00

can change But based on where

11:03

it looks like we're headed. I mean there's people

11:05

saying Based on the math it

11:07

looks like we're gonna hit two hundred thousand two hundred fifty

11:09

thousand some people were saying 450,000

11:11

the cycle I don't know I think somewhere

11:13

between a hundred and fifty and a hundred

11:15

and eighty is my uneducated guess

11:18

But I mean here's the thing you got

11:20

more money pouring in now than ever and

11:23

the blocks have decreased from six point

11:25

two five to three point one two

11:27

five So there's half

11:29

as much supply There's double

11:32

the demand if not quadruple the demand

11:34

with all these ETFs and all these

11:36

new retail Investors with the E trade

11:38

babies and the Motley Fool's starting to

11:40

figure out. Oh Look

11:43

what's happening? We're good. Oh ETFs

11:46

are legit Hong Kong just did it as

11:49

doing a Bitcoin ETF, right? And

11:51

aetherium's blackrock wants to do

11:53

aetherium ETFs And then who knows you're

11:55

probably gonna see a Pepe ETF and then a

11:57

shit other shit pointy Well,

12:01

and look retail hasn't even really gotten

12:03

involved yet. I think what we've seen

12:06

is really just been institutional ETFs which

12:08

are more sophisticated investors. Retail hasn't really

12:10

even jumped in yet. This

12:12

is interesting though according to the exchange

12:14

by bit, they said that the Bitcoin

12:17

supply is going to run out. You

12:19

want to talk about supply and demand?

12:22

It's in nine months they say exchanges

12:24

that have been accumulated by, exchanges

12:27

are not going to have the Bitcoin

12:29

that they're going to want to offer

12:31

to people. What's

12:34

going to happen then when you can't get it

12:36

from an exchange? Then the

12:38

increase in the price goes just

12:41

to latch on to a little bit. Yeah, scroll

12:43

down a little bit on that Joel. Scroll

12:45

down just a little bit and there's that chart right there.

12:48

Yeah, right there. Pop up that chart. Pop, pop. Poppity

12:50

pop. I don't know if you

12:53

can see this or not. These are the

12:55

exchange reserves and that basis like the price

12:57

and the exchange reserve. Look

12:59

at how much they have already. This

13:02

is something where some exchanges were already

13:04

running so low and what happens?

13:06

That's probably why you don't want to keep

13:08

all your crypto on the exchanges. Maybe just

13:11

what you want to do some trading with

13:13

because then you can get in a scenario

13:15

like FTX where they're using

13:17

your cryptos and it's almost like

13:19

fractional reserve banking at that point.

13:21

You don't want fractional reserve crypto.

13:24

No, but that's the

13:26

beauty of absolute scarcity. The

13:28

Federal Reserve can continue to just

13:30

turn the money printers on and

13:32

make more so that there's more

13:34

to put out in the ecosystem.

13:36

But there's only 21 million Bitcoin.

13:39

Remember, a million of them are

13:41

in Satoshi's wallets which have been

13:43

untouched since the beginning of Bitcoin

13:45

time. At least 4 million

13:47

are said to have been lost forever

13:49

including Sir Lord Travis's 55 Bitcoin. 55

13:52

and some dumpster and least some at Missouri. They're

13:55

gone and so that brings us down to what

13:57

15 million, 14 to 15 million. circulation

14:00

then you've got about 4 million

14:02

veterans strong hands they ain't never

14:04

selling never never ever this

14:06

was the thing that excited us so much when

14:08

you finally understand that about bitcoin and you understand

14:11

that about money is like oh when they want

14:13

to just create more money they just print more

14:15

money well when you want to create more bitcoin

14:17

oh guess what you can't so the

14:19

the algorithm is the price

14:21

of bitcoin will continue to

14:23

increase and then right now

14:25

the only thing that would probably what maybe happened

14:28

with bitcoin down the road is right now it

14:30

has eight decimal points i could

14:32

see it maybe extending that to 10

14:34

or 12 decimal points later on as

14:36

bitcoin becomes so uh you

14:38

know it's a million dollars a token

14:40

right and so you call those trab

14:43

if the smallest denomination at the eighth

14:45

decimal point is a satoshi baby sats

14:47

like what do you call those probably

14:49

they're they're a little sub the subtoshis

14:51

subsats subtoshis yeah they're they're less

14:54

but i i could see like that they're not

14:56

going to create more bitcoin they're not going to

14:58

double and say okay there's 42 million now no

15:00

but i could see that but then again that

15:02

would have to be voted on right and

15:05

um and utilized and i do want to

15:07

say this because the having that's taken place

15:09

joel is when

15:11

this goes into place bitcoin

15:14

runes are you nes

15:16

is going to go into place and i

15:18

think we need to have our own episode

15:20

on this and have somebody on who's an

15:22

expert in runes because ordinals is sort of

15:25

being deprecated and it's too bulky it's too

15:27

big and runes is going to be the

15:29

new digital asset class on top of bitcoin

15:31

in theory and it's going

15:33

to become available uh when

15:36

when the having happens and that's one

15:38

reason i like icp internet computer protocol

15:40

joel is because once that happens icp

15:42

is going to be able to start

15:44

utilizing those runes and writing to them

15:46

and and interacting effectively at almost like

15:48

an l2 on top of bitcoin which

15:51

is where the price is tanking of

15:53

of icp but that's the way crypto

15:55

goes with the roller coaster right behind

15:58

you roller coaster I

16:01

love that you got all these traders sitting out

16:03

there. There's the roller coaster behind it like watch

16:05

it Well, I I I didn't animated I had

16:07

made it. I'm really good. You did really good

16:10

your hand I hey

16:12

I and made it. Yeah So

16:15

here's the other interesting thing, you know, you talk

16:17

about maybe needing more decimal points for for

16:20

Satoshi's in Fiat

16:23

currency, it's actually gone the other way like

16:25

we don't need sense anymore Like there's no

16:27

point why have the penny why have the

16:29

nickel? I Yes,

16:32

I understand why you still have a quarter

16:34

But you know for a quarter dollar

16:36

But honestly we could move the other way

16:39

and will move the other way eventually

16:41

with fiat currency as we'll eliminate those decimal

16:43

points And denominations because of inflation Yeah,

16:48

I mean, I don't know why there's a

16:50

penny now at this point But I mean

16:52

that's just that's how countries end up getting

16:54

the trillion dollars Zimbabwean note Right.

16:56

Well, you could If you

16:58

eliminated the penny you'd be getting rid of Lincoln, but

17:00

he's got the five so it's okay. We can

17:02

do that All right. Okay, you can so

17:05

what still gets me then is that if we're gonna

17:07

get rid of the decimal points Then we need to

17:09

get five hundred dollar bill back. We need to get

17:11

a thousand dollar bill back Right one

17:13

hundred thousand dollar bill the Woodrow Wilson

17:15

hundred thousand dollar bill. That was

17:17

the thing was the thing Yeah, I don't

17:19

today but it was gold back right wasn't it?

17:21

It's like a hundred thousand dollars worth of gold

17:23

Yeah, here's your Woodrow Wilson who? Ironically

17:26

is one of the shittiest because he's

17:28

the one that allowed the Federal Reserve

17:30

Bank and the IRS to be created

17:32

And he was working with in cahoots

17:34

with those globalist bankers that

17:36

became a globalist banking family So screw Woodrow

17:39

Wilson. I like him very very minimally Could

17:41

you imagine walking into the bank and saying

17:43

I need a hundred thousand dollars? Would you

17:45

like that in small bills? No, give me

17:47

a woody Dude

17:49

I actually saw a video of a guy at

17:51

the bank in Canada. I just saw yesterday. I

17:53

saw it go on Yeah, dude was trying to

17:55

get three thousand dollars out to pay for a

17:57

car to pay for the guy and they were

17:59

like like, so we need you to you know, can

18:01

you tell could you show us why you need your

18:04

3000? Why do I need to

18:06

tell you why I need to get my money out? You

18:08

don't need to know none of it. And they're like, No,

18:10

you do. He's like, well, I'm gonna sit here. So

18:13

you need to get me my money. If that

18:15

was happening, I'd be like, give me all my

18:17

money because I'm closing my account. Right? Okay, we

18:19

back at this. That's exactly how I would get

18:21

my money is I would be like, okay, well,

18:24

then I'm going to I'm

18:26

out. And I'll take it all

18:28

instead of the the $3,000. How is that?

18:32

Here, I got a link to it right here.

18:34

Let's go ahead. Let's go ahead and play this.

18:36

Let me share. You're like our own version of

18:38

you're like Joel, you're like Joe Rogan and Jamie,

18:40

you just pull it up. Like, hey, pull it

18:42

up myself. Here it is. Let's see. Volume,

18:50

please. I can't get the bank. Are you

18:53

buying from like a private? Yeah, it's

18:55

private. It's very, I'm buying somebody's private.

18:58

Yeah, but he wants to get I

19:00

bet he could have gone in and said I'm

19:02

doing a trade sexual sex change. They'd be like,

19:04

Oh, here you go. What is it? It's my money.

19:07

I want to withdraw

19:10

my own bank. How crazy what's the maximum limit

19:12

you can give a withdrawal to a customer? $3,000

19:14

on the day. You've already

19:17

mentioned that multiple times. Why

19:19

not? Well, we'll put in my money

19:21

in the show notes so you guys

19:23

can check. You know, that's coming. If

19:26

it's not already here for you, then you could

19:28

see you can see clues

19:30

of what's happening in other places. And

19:32

then that's eventually going to come here.

19:35

Right? Well, it's getting crazier

19:37

in the US for sure.

19:40

But meanwhile, around the world,

19:42

other places are more crypto

19:44

favorable. And the South Korean

19:46

one, their fiat currency has

19:48

passed the US dollar in

19:50

crypto trading volume. And

19:52

so what does that tell you about how

19:54

the US is as a leading

19:57

world power or fallen? We're

20:00

falling because South Korea is like we're

20:03

going to adopt this. We

20:05

are, we're going to regulate it, but we're

20:07

going to encourage this in our marketplace. At

20:09

least that's what it appears to be. Yeah.

20:13

I mean, seriously, we've talked about this for

20:15

almost seven years. What, oh, the more regulatory

20:17

and the more crazy people are getting anti-crypto

20:19

in the government and the SEs, then these

20:21

companies are going to leave and they're going

20:24

to go and do stuff at other places.

20:26

That's what they're doing. And now we're

20:28

going to start seeing other projects in

20:30

other countries start popping up and surpassing

20:32

America, which is what we're ... Is

20:35

this the first time we've seen another

20:37

company, another country, excuse me, surpass the

20:40

USD? It might be. It

20:42

might be. Wow. That's

20:45

great. Yeah, it's very possible. So

20:47

predictions are out there and Yatsu,

20:49

who's a friend of the show,

20:51

has been on here, the chairman,

20:53

founder of Animoca Games, said recently

20:55

at WED Summit in Brazil that

20:57

Bitcoin will

20:59

reach over a million dollars. It

21:01

makes perfect sense when you do the

21:03

math, right? He's not saying tomorrow, he's

21:06

not saying this halving, but as a

21:08

store of value, the short

21:10

period of time that Bitcoin has been around,

21:13

what are we at? How many years now? Since

21:15

2008? 2009, right?

21:18

So 14 years. I think

21:20

we just passed the 14 year anniversary of it in

21:22

October. That's a short amount of time.

21:24

That is really short. Like try to ... I

21:27

try to look at the present from

21:29

the state of the future, right?

21:32

Because like when you look at your life and

21:34

you go, okay, look back 20 years ago, what

21:36

were things like? What did you not know then

21:38

that you wish you knew that you know now?

21:42

Now jump forward 50 years, right?

21:44

In 50 years, people

21:46

are going to be going, man, can you believe these

21:48

people that could have bought Bitcoin at $100, $250,000, right?

21:54

When they see what it's worth in the

21:56

future, assuming that this is the direction that

21:59

it goes. the future will look at the

22:01

past and go Gold

23:06

is an incredible store of wealth because we

23:08

know it's rare. We know it's a precious

23:10

metal We know it's universally accepted, but it's

23:12

gonna be it's really difficult. You know you

23:14

picture, okay I've got this as a hedge

23:16

But how am I gonna go spend my

23:19

gold like you're gonna take an ounce

23:21

of gold to buy a loaf of bread or something?

23:23

Something that's worth five thousand dollars, right it's always an

23:25

intermediary like you got to go to the coin shop

23:27

You're like all right. Hey. I got 10 ounces of

23:30

gold. Here's 10 counts of gold. Give me 25

23:32

twenty three thousand dollars right okay? Well,

23:35

they're maybe they're not liquid enough to

23:38

be able to do so It's a

23:40

really wonky system because supply versus demand

23:42

and liquidity is not not always As

23:46

effective as you would want it to be right it's

23:48

true So you know other

23:51

countries are seeing the impact of crypto

23:53

and in Israel the central bank officials

23:55

They're saying that digital payment methods have

23:57

eroded the role of cash Bravo

24:01

Bravo, that's what we

24:03

want to do erode the role

24:05

of cash because cash ain't real

24:07

folks Currency that

24:09

is issued by the state is

24:11

paper It's backed by the trust

24:14

of the state and let's face it. There ain't

24:16

a state that we trust and so

24:18

You know They want to have

24:21

CBDC's so that they can have

24:23

control of the money supply and

24:25

that is contrary to what Bitcoin

24:27

was created for Hmm

24:31

Yes, yes. Yes. Now do we go over the

24:33

the game fight ecosystem one or is this a

24:35

new one? I don't see the story is right

24:37

here game fight. Oh, there we go Cuz

24:39

I was looking at that one. Did you pull that one up from the

24:41

side or something? There it is Gamefight

24:43

system makes a comeback amid

24:46

surging crypto prices. Mm-hmm Yeah,

24:49

so the the whole ecosystem around game five

24:51

is one of those narratives to keep an

24:53

eye on now There's

24:56

been a lot of there's a lot of fun going

24:58

on right now again just because of geopolitical stuff They're

25:00

like, okay gaming and AI Crypto

25:03

is not as important. I saw

25:05

Alex Becker was like sell all your crypto

25:07

Everything's going down till at least

25:10

for a bit and so there's some people freaking

25:12

out about it But you know game fight this

25:14

right here the whole move to earn

25:16

protocol that had step in Which

25:18

was a cool one that came out. I think what in 2021

25:21

maybe is when stepping came out. Yeah, and

25:23

now they're partnering with Adidas I was like,

25:25

hey get your asses off your couch go

25:28

for a nice little walk and they launched

25:30

Some some tokens on Solana. So I

25:33

mean game five not going away I

25:35

think there are some other narratives Joel

25:37

that we'll talk about more So like

25:39

I think our WA is one of

25:41

the most exciting ones, which is real-world

25:43

assets We're gonna see that we're gonna

25:46

be talking about real-world assets on bad

25:48

crypto for as long as we have bad

25:50

crypto into the future Because

25:52

it's such a powerful narrative and if you

25:54

love gaming like this is a really cool

25:56

thing. What's what step ins? NFT

25:59

sneaker mechanics Do you want to talk about those? That's

26:02

a cool little graphic anyway. Yeah, well, I

26:04

mean, the thing here is Stepin's a project

26:06

that's been around for a while, but they're

26:08

partnering with Adidas and they're gonna drop 1,000

26:10

Genesis Edition NFTs that

26:16

are gonna be valued at $2,200 each. You

26:19

could buy them with the GMT token and

26:21

then you get rewards for using this. And

26:23

this app is pretty cool here. Like you

26:25

could see your sneaker on here and the

26:27

different attributes it has and how

26:30

having certain attributes higher earn you more

26:32

of the GST token and get you

26:34

more drops. I

26:36

think it's a great idea. You get people out

26:38

and about and this is of course just one

26:40

of them. And then we have the BitBoy One.

26:43

They call it the world's first

26:45

web three gaming device. You've got

26:47

retro gaming that is

26:49

blockchainified here. And

26:51

so this is- Oh, BitBoy's gonna sue them. Yeah,

26:54

right. And of course we

26:56

recently had Dirk Lewis from Upland

26:58

on the show again and they

27:00

are dropping their sparklet token soon,

27:03

which is going to... Because right

27:05

now their Uppix token is just

27:07

a $1 pegged stable token that

27:09

you can't buy in exchanges. It's

27:11

only for in the app, but

27:13

now they're gonna be launching the

27:16

sparklet token on Ethereum, which you

27:18

will use to build out your

27:20

presence, your

27:22

monopoly of properties and

27:24

decorations and games in the Upland

27:26

universe. And they've got 30,000 daily

27:29

active users. There

27:31

isn't, to my knowledge, there is

27:33

not a part from a bodied

27:36

game, game in quotes, that

27:38

has more than that online. And

27:40

they're actually either right now they're getting

27:43

ready to have their big conference in

27:45

Las Vegas. And I guess people who

27:47

come there are gonna have a

27:49

chance to get sparklet dropped to them

27:52

for participating. So good job. That'd

27:54

be a fun one to go to. Yes, I have the

27:56

Stepan app. I need to be utilizing it more. This is

27:58

a... I mean, when you start taking... in real

28:00

world and then applying gaming metrics to

28:02

it, right? Game mechanics to be able

28:04

to play. That's one reason I think

28:06

that Upland has been so fun because

28:08

they took the real world. Actually,

28:11

I bought the properties around where I live and

28:13

I'm building a big, you know, the properties aren't,

28:16

they're not exactly, but they're pretty close. And then

28:18

I bought a big, huge one. I put a

28:20

big house on it. It's taken like, takes me

28:22

like three and a half of my spark. It's

28:24

taken like 35 days to be able to build

28:26

it. I'm going to this big, huge place. It's

28:29

just kind of fun. Walk around. You

28:31

can combine that with the step in

28:33

feature. That's what would be awesome is

28:35

like, you know, let people go be

28:38

physically active and go earn

28:40

sparklet by walking around their

28:42

neighborhood or going and actually

28:44

connecting to real world assets

28:46

or the digital version of

28:48

the real world asset. Like if you like, like

28:50

if you go on Mercer place

28:52

in San Francisco, you like logged in like,

28:54

I here I am. Like, can

28:57

I get some extra sparklet or something like

28:59

that? Well, I think what

29:01

they're wanting to do is they have a third

29:03

party developer program.

29:05

So anybody can build a

29:07

game or gamification into Upland

29:10

now. So that's something

29:12

like if somebody wanted to do that, you

29:14

could, you could definitely do that. So

29:16

I say, go for it Travis, build

29:19

it, bring stuff together with

29:21

Upland. So meanwhile, regulation in the US,

29:23

the total tools up on Capitol Hill

29:25

that know nothing about crypto and only

29:28

want to control what you do, how

29:30

you do it, when you do it,

29:32

who you do it with and what

29:35

you say and what you think are

29:37

working on regulation. They want to pass

29:39

this stable coin bill in the US

29:42

Senate banking committee. But this one's interesting

29:44

though. They're trying to tie a stable

29:46

coin, combining it with legislation with marijuana

29:49

businesses. Right? So maybe

29:51

it's a marijuana business stable coin

29:53

because marijuana dispensaries have such a

29:55

hard time, like with banks, like,

29:57

and then it would seem to me like

29:59

Banks don't like marijuana businesses because they're

30:02

legal in the state but not according

30:04

to federal. Maybe

30:07

that's an angle because it's like, boom,

30:09

you put it in the stable coin and you could try. If

30:12

some of these dispensaries are sitting there with

30:14

several thousands, tens of thousands of dollars in

30:16

cash because they don't accept debit cards or

30:18

credit cards, and they're just shit loads of

30:20

cash, that's like a prime place to go

30:23

get robbed. Well, anytime

30:25

I hear that the government is doing something,

30:27

I think it's not going to be good

30:29

for people. Right. Especially when Maxine Waters is

30:31

in charge. Or involved in any

30:33

gray shape or form. You can't say that,

30:35

Travis. You can't. That was

30:37

very horrible to me. I apologize and I

30:39

need to go to a re-education camp. Yes,

30:41

you do, and you shall. They're

30:43

knocking on your door right now. Travis

30:45

Wright, come out with your arms up. Yeah.

30:48

I have another. Put your penis away. No!

30:52

So meanwhile, people are speculating, speaking of

30:54

government, about what's going to happen in

30:57

Ripple versus SEC. The

30:59

consensus seems to be that the government

31:02

is going to have a real hard

31:04

time winning their case here. Ripple is

31:06

feeling pretty secure about this. Of course,

31:08

only time is going to tell, and

31:11

you can read this story and others

31:13

referenced in the show on

31:15

the show notes at our website. It's

31:17

really easy to get to. Just go

31:19

to badco.in forward slash 722. For

31:24

the more astute of you, you'll recognize

31:26

that that is the episode number. It

31:29

almost seems like lawfare has been going up against

31:31

Ripple for what, the last three years or something?

31:34

That's the thing about these cases.

31:37

They just last forever. I think

31:39

they almost just patiently await them

31:41

to slowly run out of money,

31:43

but I don't think that happens with

31:46

something like Ripple and the XRP token

31:48

that's worth, I don't know, even know

31:50

how many billions it's worth right now. But

31:53

it's crazy. So

31:55

hopefully, that could be one of those cases where

31:58

it's like, let's get the other one got finalized

32:00

or whatever happened before and it's like, oh,

32:02

it seemed like Ripple was done with all

32:04

their legal stuff, but apparently there's other cases

32:06

that's going on and let's get those finished

32:09

and let's get it set up so other

32:11

crypto companies aren't afraid to do business in

32:13

America because it's so dumb. It just pisses

32:16

me off so much. I'm like, oh, sorry,

32:18

you're in America or in North Korea or

32:20

Iran, so you can't participate. Like what? What?

32:24

So got got something else for you to

32:26

watch your solar Travis. This

32:29

is an ad that

32:32

Coinbase put out. Food for thought, what

32:35

if money was designed to get you

32:37

more over time, not less? Over

32:39

time, your money gets you less. Does

32:42

Bitcoin? Well, in 2012, one

32:44

Bitcoin bought you this might be 2016. This

32:49

might be in 2020. And

32:51

in 2024, you get the

32:54

chance. Every

32:59

four years, your supply Bitcoin is

33:01

reduced. Really

33:09

good commercial from Coinbase there.

33:12

Right. Well, actually, they could have even gone a little bit

33:14

further and said in 2011, 10,000 Bitcoin

33:18

will get you two pizzas. Right.

33:21

Like that. That's good. I

33:23

liked it. It looks like they even.

33:25

Yeah, I like that. That was a really cool. That

33:28

was a really cool commercial. Yeah, they put

33:30

that out there to celebrate Bitcoin Pizza Day.

33:34

And here's the original post on the Bitcoin

33:36

Forum from Lazlo Haniak, who said, I'll pay

33:39

10,000 bitcoins for a couple of pizzas, like

33:41

maybe two large ones. So I have some

33:44

leftover for the next day. I like having

33:46

a leftover pizza to nibble on later. 10,000

33:49

Bitcoin. 10,000

33:52

Bitcoin. But you

33:54

know what? The thing is, without Lazlo doing

33:56

that, then Bitcoin maybe never even takes off

33:58

as being a method of paying. payment because

34:00

once this happened in 2010, then what ended

34:03

up happening from that, you know, right, then

34:05

you start getting Silk Road, you start seeing

34:07

some of these other things and people start

34:09

moving and paying for things with Bitcoin kind

34:11

of on the underground. So maybe

34:14

without Laszlo doing that, like aside

34:16

from Satoshi, maybe Laszlo is the

34:19

patron saint of Bitcoin. He's a

34:21

hero. Absolutely. Patron saint of

34:23

Bitcoin plus pizza, both of them. Meanwhile,

34:26

PayPal is going, you know what? We

34:29

got to change our policy, gang, because, you

34:31

know, they have this buyer protection policy.

34:34

You buy something, you don't get it or it's

34:36

defective or you get scammed. They'll like work to

34:38

get your money back. But they're

34:40

saying, hey, if you buy NFTs using

34:43

PayPal, you're not going to be protected.

34:46

That's just, you know, there's too many problems

34:49

because they can't identify the wallet that's

34:51

tied to the account and there's too

34:53

many scams. I don't blame them. You

34:56

know, there was people trying to manipulate that system to

34:58

just trying to be like, hey, no, I didn't buy.

35:00

What is this? Hey, you guys what? Totally,

35:03

totally get this. So, you know, the

35:05

one thing I'll say positive about PayPal

35:08

is that you can buy crypto on

35:10

PayPal. You can buy Bitcoin

35:12

and Ethereum and at least they're

35:14

not saying you can't use PayPal

35:16

to do Web3 activity. So

35:19

good on them for that. Fred,

35:21

that's all the news that I've

35:24

got. But I want to point

35:26

out that those who are in

35:28

the bad media community on uncut.network

35:31

just got another airdrop. If you haven't checked your wallet

35:33

yet, then let me scroll

35:35

through here. Look at all the NFTs

35:37

we've dropped. Oh my gosh, there's so

35:40

many beautiful, amazing NFTs and there's a

35:42

new one, which I guess didn't go

35:44

to the official wallet. Should

35:47

be here under the collectibles somewhere.

35:49

It was the proto, there

35:51

it is, the proto dank sharding

35:54

in public NFT. This

35:57

was referencing an episode that we had a

35:59

few. ago and

36:01

this was air dropped if you have

36:03

the bad crypto nifty club membership

36:06

card. If you don't have one, why

36:09

don't you? It is

36:11

the most affordable NFT in

36:13

the world. It's only $6

36:16

right now at badcrypto.uncut.network. It's

36:18

this red spinning one right

36:21

here. Go get it. It's

36:25

pegged to .002 ETH. I

36:27

believe you can use cash to get it as

36:29

well and then you will be in the bad

36:31

crypto nifty club community and you'll get cool air

36:33

drops. Many of the ones that you're seeing

36:36

right here are some of the cool

36:38

air drops, some of which unlock benefits

36:40

like our friends who have one of

36:42

these crypto bull dragons that

36:44

you and AI designed cooperatively or

36:47

in a private telegram group with

36:49

us and like they ask

36:51

questions and sometimes we say, I don't

36:53

know, ask Travis. That's true.

36:56

That's good. Hey, I want

36:58

to throw this out there too. If

37:00

you are not tired of hearing my voice, I have

37:03

started another podcast called Spiritual

37:05

Technologies. spiritualtech.io

37:08

is the website, but I think if

37:10

you go on Apple or Spotify or

37:12

any of those now, you should be

37:14

able to pull up spiritual technologies as

37:16

a show. And so

37:18

this is a side of me that I haven't shared so

37:21

much, but I'm starting to do

37:23

more so because the world's a little crazy. And

37:25

so there's some things that I've been working on. And

37:28

the thing is, like, I'm getting to talk to some

37:30

of the most amazing people in the consciousness

37:32

space. Right. And so this is something

37:34

that I that I have done for

37:37

years. I've been studying this stuff for

37:39

almost 30 years, but I rarely talk

37:41

about it. And the episode that comes

37:43

out on April 18th, which is not

37:45

actually the third episode. It's more so

37:47

me saying, what is spiritual technologies? What

37:50

are some of the other things that's going on underneath

37:52

it? And so if you're interested

37:55

in tuning in to hear Travis talk about some

37:57

different things, I'm still a smartass. So that's good.

38:00

you get a little different side of

38:02

my personality on that. So that one

38:04

interview with Jonathan Golden was so awesome

38:06

talking about how sound it can help

38:09

heal. And they literally just right after

38:11

that, it came out with some scientists

38:13

came out with some news that healthy

38:16

cells actually vibrate, and they

38:18

sing their own little healthy song. When

38:20

they get unhealthy, they don't vibrate

38:22

in tune with everyone and cancer has its

38:24

own. So they were actually able to go

38:26

in using sound and just just

38:28

target and destroy cancer cells, which is

38:30

wild. So sound and frequency is pretty

38:33

wild. So anyways, I'm studying and exploring

38:35

all that stuff in addition to other

38:37

things that I'm working on. You guys

38:39

check it out spiritual tech.io anytime where

38:41

Travis says work that's worth listening gang.

38:44

Anytime they words. Yes, you're good. I just

38:46

the words I'm saying I got there's awesome

38:49

be like literally like I have

38:51

some spectacular people coming on the show. I reached

38:53

out to like, hey, here are the A plus

38:55

people I'd like to read and then some of

38:57

them like meh. So all right. A

38:59

minus people I can talk to them.

39:02

C plus anybody. I'm good with the

39:04

people. Now they're actually pretty much everyone

39:06

I've had so far spectacular. So that's

39:08

good. There you go. All right, gang.

39:10

Well, we appreciate you listening in as always.

39:12

If you get a moment go on iTunes

39:14

or wherever you listen to this podcast and

39:16

go give us a five star review. It's

39:19

good for the algorithm. And it

39:21

gives us warm fuzzies in

39:23

in the places where warm

39:28

the cockles to I like my

39:30

arm the cockles of our heart

39:32

and remind us remind

39:35

you stay back who's

39:51

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