0:00

The crypto community is waiting with

0:02

baited breath as the Bitcoin ETF

0:04

Approvals could be happening within just

0:06

a few days The

0:08

Bitcoin halving is just 100 days away

0:11

and the Bitcoin bull cross is about

0:13

to hit for the first time since

0:17

2016 can AI cure loneliness and what's

0:20

with the latest surge in NFT based

0:22

tokens are NFTs about to make a

0:24

comeback One thing's for sure you're

0:26

gonna want to be one of the 24 people

0:29

in the whole wide world who get

0:31

their hands on a special Edition

0:33

crypto bull run one of one

0:35

NFT right away with people screaming

0:37

for utility with their NFTs We're

0:39

gonna deliver bigly for our community

0:41

So hitch up your buggy to

0:43

our smart car as we put

0:45

it into high gear and off-road

0:47

this bad news episode number 708

0:49

of The

0:52

bad crypto podcast 4

0:55

3 2 1 2 3

0:57

2 3 2 3 2

1:00

3 2 3 2 3

1:03

Who's bad? I To

1:22

say this if you're hitching up a

1:25

buggy to a smart car and expected to

1:27

go in high gear and off-road Then

1:30

you're in the right place You're here at the

1:32

bad crypto podcast the show from crypto curious and

1:34

the crypto serious in our seventh year of Badness.

1:37

I'm sir. Lord Joel Tom and with

1:39

me is my compadre my partner

1:41

in no crime and not

1:44

financial advice Sir, Lord Travis,

1:46

right and I'm crypto

1:48

furious Whatever happened to

1:50

that guy? I'm crypto delirious He's

1:54

crypto missing us like we don't know what happened

1:56

him. He's gone us. Yeah, I

1:59

don't know you get to a certain point and then they put

2:01

on their big boy pants and they just leave home. I'm

2:04

so mad. Hey, listen, you know, we've

2:06

made it through two bulls, two bears,

2:08

and this is going to be our

2:10

third bull, and that's not bull. I'm

2:12

pretty excited about it. It sounds

2:14

a little bit like bull, but it's not. And

2:17

there's a lot of stuff going on in

2:19

the space. You might be wondering why the

2:21

crypto market cap is so high right now,

2:23

why we're seeing lots of stuff going on.

2:26

And we're going to talk about it today.

2:28

So should we get going? Yes, but I

2:30

want to remind folks before we jump into

2:32

the news that we have something special that

2:35

you're going to want to stay tuned for

2:37

because you're going to have an opportunity to

2:39

join us in a private one,

2:41

well, not a one on one, a private Zoom

2:43

where all of you who are

2:46

going to secure this opportunity are going to

2:48

be with us. And we're going to have

2:50

discussions and consultations and not financial advisory. It's

2:53

going to be great fun. So make sure

2:55

you stick around for the end of the

2:57

show to find out how you can get

2:59

there. And now we can

3:01

get to the news. And

3:05

when we look at the little timestamp, it's

3:07

January 9, 2024, 2.45 PM Atlantic Standard Time.

3:13

Yah, yah, it is. And CoinGecko says crypto market

3:15

cap is 1.78 trillion. Very

3:18

nice. Very, very nice. There

3:23

has been some, I guess what you want to

3:25

go on and talk about your top 10, I

3:27

guess your top 10 first. Go ahead and do

3:29

your top 10 talking. Let's do the top 10,

3:31

excluding stablecoins because they don't really move. And if

3:34

they do, then that's news. Bitcoin,

3:36

46,625 Ethereum, 2275 BNB, 301 Solana, $100 XRP, 56 and

3:38

decimal points after it. Cardano,

3:48

51 cents and avalanches in the

3:50

number 10 slot at $35. Look

3:54

closely by Doge, Polkadot, Tron, Chainlink,

3:56

Tun and Polygon. There,

3:58

I did it. know this or not

4:00

but if you go on the desktop version of CoinGecko

4:03

you want to see you know each one of the

4:05

coins and you want to look at each individual one

4:07

you can see the one hour price, the

4:09

price over the last 24 hours, the price over

4:11

the last seven days, you can actually customize

4:14

it and show the last 30 days.

4:17

So that generates a lot of

4:19

really interesting information because over the

4:21

last 30 days up almost

4:24

170% is SEI and SEI has been

4:26

going on a run it's 1.6 billion

4:28

market cap

4:32

right now but you guys might want to do

4:34

some research into that and see what's driving this

4:36

and what's going on with the ecosystem. I've not

4:38

fully done that I've just kind

4:40

of answered we looked into it I just keep

4:43

seeing it popping up over the last seven days

4:45

it's actually down five and a half percent but

4:47

over the last 30 it's up almost

4:49

170. Internet computer over the last 30 days

4:53

is up 140%. Osmo up 120% Injective which I've not done any research on

4:56

had a 3.5 billion dollar market

5:02

cap 111% up. Stacks one that I'm actually in it

5:05

has popped up 95% so there's some tokens that

5:11

are doing some things also over the

5:13

last seven days just as you wait

5:15

a second trip are you

5:17

stacking sats and stacking stacks I'm

5:19

stacking stacks and sats yes stack and

5:22

wax I got stacks and stacks of

5:24

wax and sats. That

5:27

is some good DJ sorry I didn't mean to derail

5:30

you there but it just the the rhyme needed to

5:32

be said it didn't do it that was good. So

5:34

over the last week Akash network

5:36

aka up about 26% Celestia

5:39

TIA take a look into that one

5:41

as well that's 2.3 trillion

5:43

there's a lot of people who've been talking about

5:45

Celestia what it's been up to that's

5:48

up 23% again stacks and some of these other

5:50

ones so go take a look at that and

5:52

do some research on those on your own folks

5:54

there's some interesting things that are popping and

5:57

as as always there's some

5:59

really interesting stuff that's getting ready

6:01

to pop off with Bitcoin potentially.

6:03

There is indeed. The ETFs apparently

6:06

are just around the corner. Van

6:08

Eck, the CEO at this

6:10

financial institution says that their

6:13

spot Bitcoin ETF should trade

6:15

on Thursday. So, they are

6:17

totally expecting that these ETFs

6:20

are going to be approved

6:23

on Wednesday. Well, by the time you're listening

6:25

to the show, it is Wednesday. And

6:28

they're pretty secure about this. We have

6:31

some evidence to make

6:33

us think that that is

6:35

a very real possibility as

6:37

well, primarily because Gary Gensler,

6:39

the chairman of the SEC,

6:42

is saying that

6:45

he's issuing warnings out there that

6:48

this gets approved. And

6:51

if they do indeed approve this, he's

6:53

out there saying, hey, guys, be real

6:55

careful if you're investing in

6:57

crypto because you need us to tell you

6:59

what to do with your money because we're

7:01

the government. You can trust

7:04

us. Watch out for Ponzi schemes

7:06

and pyramid schemes and outright theft

7:08

because that never happens with fiat

7:11

currency, but it's definitely a risk

7:13

with cryptocurrency. Does he talk

7:15

like that? Because that's why I imagine. I

7:17

think he talks with a list, super listy.

7:19

I don't know if he talks like that or not

7:21

actually. I'm Gary Gensler. Look at him. He

7:24

kind of looks like Mr. Burns. And

7:27

if you look at him, he's kind of Mr. Burns. So

7:29

maybe he's like this. So Gensler, as

7:31

Joe mentioned, his comments, they did come

7:33

after several different issues

7:35

of spot, Bitcoin ETFs. They

7:37

amended their S1 applications with

7:40

the SEC. So this is

7:42

one of those big processes that goes towards approving

7:45

this investment vehicle. And

7:47

these are submissions. Listen to these people who

7:49

are doing this. Valkyr, Wisdom

7:51

Tree, BlackRock, VanEck, as

7:53

you mentioned, Invesco. So

7:56

I guess the Denver Broncos are getting

7:58

involved. But no. So they're talking

8:01

about this and it's sounding like it

8:03

could happen tomorrow, which would be Thursday

8:05

if you're listening to it when we

8:07

launch the show. So that's kind

8:09

of crazy to think about. This is a

8:11

crazy year already, man. This has been nuts

8:13

watching these last 10 days go by. It

8:16

is. And just as we're,

8:18

you know, we're just getting started with

8:20

Bitcoin for the year, you know, after

8:22

ETFs, whether they get approved this week

8:24

or soon thereafter, the having is coming

8:27

ready or not. Having doesn't need approval.

8:29

It is hard coded into the Bitcoin

8:31

core code. And we are about 100

8:33

days and 15,000 blocks away from the

8:35

having. And

8:39

this is this is kind of a big

8:41

deal because block rewards get cut in half. Difficulty

8:44

doubles. And that means supply is

8:46

going to slow. What is

8:48

it? Three and a quarter, 3.25 Bitcoin. Three

8:52

point one to five, three point one to

8:54

five. Right now it will have down to three point

8:56

one to five. So the amount

8:58

of new Bitcoin that's going into the ecosystem

9:00

is cut in half, as you know. And

9:02

it's getting down to the point like three

9:04

point one to five Bitcoin. That doesn't sound

9:06

like a lot of Bitcoin. And

9:09

then when it has again, it's going

9:11

to be one point five six five

9:13

six two five. So it's going to

9:15

be really small, dude. So it's like

9:18

these numbers are starting to get really

9:20

tiny. And every time this

9:22

has happened before, for instance, in 2020, right? Remember

9:25

2020 happened and

9:27

then the big covid thing happened.

9:29

Bitcoin crashed down to thirty eight

9:31

hundred from that low point. Bitcoin

9:33

is this Bitcoin's value increased from

9:36

the Bitcoin having in May up

9:38

six hundred and fifty four percent.

9:41

So they're saying that this is a huge potential for a

9:43

bull run. Some people are talking a

9:45

price target of one hundred and twenty. If

9:47

we talk about one hundred and twenty thousand, that

9:50

is less than double what

9:52

the all time previous high was from

9:55

the last bull run. And never

9:57

been less than three X the previous.

10:00

as high of a bull run but this

10:02

could be a little different? We're going to

10:04

see I guess right Joel? Well and think

10:06

of the demand that comes with this. These

10:08

ETFs get approved. You've got a dozen of

10:10

these firms that they're going to be like

10:13

okay we have this new asset and we're

10:15

going to onboard as many of our clients

10:17

before our competition. So they're going to be

10:19

out there working this super hard. You're going

10:21

to see ads all over TV. You're already

10:23

starting to see it. And

10:26

I think that

10:28

type of demand means the thing is

10:30

going to fly. I'm sticking with my

10:32

non-professional opinion of $150,000 on this. And

10:37

Travis, there's some other signals that

10:39

are out there that would corroborate.

10:41

One of them is

10:43

this crossover. So this

10:46

is something that happens that's called the

10:48

bull cross. This is

10:50

something that hasn't happened on the charts since

10:52

2016. And

10:55

as Bitcoin moves back to $50,000,

10:57

we're getting really, really close to

10:59

this. This

11:01

is charting. When you

11:03

get into this here and you're

11:05

looking at chartings and signals, this

11:07

guy here, his name is Mustache.

11:10

I mustache you a question. He's

11:12

a- Realistache? No, different stache. This

11:15

is Mustache. And

11:18

he is saying, hey, you need to

11:21

take a look at the BTC

11:23

to USD three-week chart with a

11:25

21-day moving average and some other

11:27

things that I don't understand. He's

11:29

looking at Bollinger Bands and all

11:31

that. But he's saying that the

11:33

market will reach an important top.

11:37

And that's when he's going, okay,

11:39

once we hit this top up

11:41

here is when he thinks,

11:43

okay, we're coming back down, that the

11:45

ETF news is going to initially throw

11:48

us up to about 50K, but then

11:50

he's expecting a big dump maybe down

11:52

to 30 or so. I'm

11:56

skeptical. I think that the world is

11:58

different right now. This is different,

12:00

but we always want to believe that. We've

12:03

always said that. Oh, the world seems different

12:05

now. We're investing in ICOs. The world seems

12:07

different. Yeah. But this

12:09

one right here is it's

12:11

basically saying the 21-day exponential

12:14

moving average is attempting to

12:16

cross the 50-period simple moving average,

12:18

the SMA. So that's one of those

12:20

weird charts or whatever. And so now

12:23

it's doing something that's never happened since we've

12:25

even participated in

12:27

doing the show since 2016. So

12:31

that could be crazy. So that happened. Then they said that happened

12:33

and Bitcoin made its all-time high up to $20,000. That

12:36

was a big deal. They're saying this is a big deal.

12:39

It could be interesting to see what ends up happening.

12:41

They're saying that Bitcoin up to $48,000 to $50,000, Ethereum

12:44

up to $25,000 to $26,000. All

12:47

of it's going to pump, especially some of the low-cap ones.

12:50

That's what he mentioned on his telegram. So keep

12:52

an eye on this. Man, if it does drop down to

12:54

$30,000, what a great time to

12:56

buy some more. That's the case. Boy.

13:00

This happened last time in 2016, BB before bad. Now

13:04

this is a chart that you found,

13:06

Trav, that shows all of the various

13:08

cycle runs. It shows all of them

13:10

from up to 2011, 2011, 2015, 15

13:12

to 18, 18

13:17

to 22, and now 22 beyond. So

13:19

what are we looking at here? So this

13:21

is the all-time price performance. And

13:24

so based on that

13:26

cycle's low. And so

13:28

here this is, obviously the cycle of this low, what

13:32

it got down to what, 16,000, 17,000? And

13:35

now we're at 47,000. So it's

13:37

like looking at the all-time price of that.

13:39

If this is anything like any of the

13:41

other bull runs have been, we're

13:43

going to be looking at a pretty big chunk. But

13:45

I don't think it's going to get, it's not going

13:47

to go way the

13:50

40,000, 80,000 percentage. That's

13:53

stupid. But we are going to see probably a little

13:55

pop where it's going to go maybe 800% up from

13:57

that. maybe

14:00

1,000% above it. We

14:05

don't know necessarily. It's all subjection right

14:07

now, but we're looking at where we

14:09

are right now, where it could potentially

14:11

go. It would look like it's gonna hit at least 5,

14:13

600% of

14:16

its low, if not much more. So

14:18

if it's low was at 1,600, then

14:21

we're talking about doing an exponential

14:23

of that, you're probably 150,000 price is probably right on. I've

14:28

been seeing anywhere between 120 to 240. So

14:32

you're going, eh, everybody seems to have

14:35

their own price. I would like to see personally,

14:37

I'd like to see at 3X, the

14:39

previous all-time high of 69,000. Right

14:42

about, yeah, to hit right up there around 205

14:44

or so. I'd

14:47

like to see, but my gut instinct is 18,

14:50

is 180,000 would be nice, but I don't know. I

14:55

like yours better than mine. That's

14:57

optimistic. The smartest guys in the

14:59

room right now, Michael Saylor of

15:01

MicroStrategy, who continues to double down

15:04

and buy Bitcoin, and the president

15:06

of El Salvador, Naib Bukhale, he's

15:09

back in black right now. And

15:11

with the ETF arriving, this could

15:13

bode really well for the country

15:16

of El Salvador. They're sitting on

15:18

13 million in unrealized

15:21

profits. Right now, they

15:23

were in the red for two years, and

15:26

things are looking good for them at the

15:28

moment. The country holds 2,798 Bitcoin. And

15:35

so, yeah, the last time they bought it, what was

15:37

in what, November of 2022? Wasn't

15:40

that the last bought it? Yeah, so it was only 27,000-ish when

15:43

they bought it last time. And

15:45

now, so they're just, they're doing that

15:47

nice cost-price averaging. I do hope that

15:49

El Salvador has that locked

15:52

up and off of any way

15:54

that anybody could hack them. Could you imagine?

15:57

Oh, man. El Salvador got

15:59

hacked. they got all their Bitcoin gank

16:01

that would be just crazy how to

16:03

destroy a country on that shit offline

16:06

get it off of any Wi-Fi anything is three

16:08

seven your 2800 Bitcoin that's a lot of damn

16:10

Bitcoin yo well hopefully naive

16:12

is listening to the show and

16:14

is just learned something here there's

16:17

been an arrest in the United

16:19

States a guy by the name

16:21

of Bitcoin Rodney he's an alleged

16:23

hyperverse crypto scheme promoter the IRS

16:26

has arrested him in Florida on

16:28

charges of fraud another

16:31

criminal you know bites the dust

16:33

here I don't know exactly what

16:35

he did but there there's definitely

16:37

scammers out here okay here it

16:40

is the filing alleges that he received

16:42

562 wire transfers or cashiers checks

16:45

totaling 7.8 million dollars from

16:47

individuals and people lost

16:50

all this money and fake stuff which this

16:53

reminds you Travis I know I told you

16:55

about this but there's a new special on

16:58

Netflix it's a documentary called

17:00

bit conned and it's

17:03

about the guys that were with

17:05

centra tech we talked about them

17:08

on this show I know sometime I want to

17:10

say 2017 18 during the ICO frenzy because I

17:16

remember there was a project that

17:18

both Floyd Mayweather and DJ Khalid

17:20

signed on as influencers this

17:23

is one of the most

17:25

blatant scams I mean these guys

17:27

the dude says hey I'm a

17:29

scammer and that's what I do

17:32

and they had nothing they

17:34

made up advisor profiles they

17:36

stole a picture from a guy that

17:38

they said was their CEO never

17:40

was when the dude when they the dudes

17:42

in the documentary going well apparently I'm the

17:45

CEO of this company and turns out he's

17:47

like nothing even remotely close to that and

17:49

I'll tell you the ending will piss you

17:51

off but it's it's a great

17:53

indicator of the type of

17:55

crime that takes place in the crypto world

17:58

it's minimal a lot of it happened earlier

18:00

on, but it does exist and

18:02

you got to be careful. Yeah, if

18:04

you're, you know, collecting cashier's

18:06

checks and bankwires instead of,

18:08

you know, buying with

18:10

some stable coin or something, but however, that was

18:12

really early. That was 2017. So,

18:15

I mean, look at all the people

18:17

that Ruja Ignictova had scammed with her

18:20

one coin, right? And so, I mean,

18:22

early on, you know, the pioneers are

18:24

the ones that get the arrows. And

18:27

so, if you were an early person who, who, who dove

18:29

in and go, oh my god, this is so great. I

18:33

wish you had gotten Bitcoin instead because you'd

18:35

be way better off. You would be

18:37

living high on the hog and instead

18:39

you donated money to some of these

18:41

scammers and that's not good. So, sorry

18:43

about that. Well, I

18:45

tell you, there's a lot of scams going

18:47

on out there. And of course, in this

18:50

age of AI, deep fakes are a big

18:52

problem. There's a lot of fake news shared,

18:54

not just by individuals making stuff up, but

18:56

by the mainstream media. And how do you

18:58

determine if something is legit? Well, this is

19:01

a huge win for Polygon. Fox News has

19:03

signed up for their tool, Verify,

19:05

that is designed to weed

19:07

out these deep fakes. They're,

19:10

they're using blockchain to determine

19:12

if stories and pictures or

19:14

AI generated to determine if

19:16

they are bona fide articles

19:18

and images. This is a

19:21

great use case for blockchain

19:23

and kudos to Polygon to

19:25

pushing this, making this happen.

19:28

Yeah. So yeah, they're using their

19:30

proof-of-stake protocol to leverage

19:33

this and it's interesting that

19:35

Fox Corporation is the one that is

19:37

doing the partnering with this. So it's

19:39

like if you see a picture, I

19:42

mean some, I mean if you played

19:44

it around with Mid-Journey Six yet, like

19:46

wow, some of those things

19:49

look so legit. They're getting to the point where

19:51

the artifacts are gone. The fingers

19:54

are pretty good. They're able to type in

19:56

text pretty good as well. And

19:58

so I think probably when you

20:00

dive down to the microscopic level,

20:02

you're going to be able to tell with

20:04

the pixels how if this was an actual

20:06

photo or not, even the XF

20:09

data that's attached to a photo. But we're getting

20:11

to the point that it is

20:13

so ridiculous. As a matter of fact,

20:15

I saw an article just earlier today,

20:17

I think it was an Instagram post

20:19

where this lady is

20:22

making millions of dollars from her

20:24

OnlyFans page, and it's not even

20:26

a real person. They

20:28

basically created a whole brand

20:30

new entity, got her doing all this

20:33

naked stuff with, you know, stable diffusion,

20:35

and some people really smart going in

20:37

and building it and keeping the person

20:39

looking exactly the same. Like, dude, we

20:41

are so close on the edge of

20:43

just not ever knowing whatever is real

20:45

and only knowing what they tell us

20:47

is real, because we don't have the

20:49

tools to be able to decipher if

20:51

it's not real or if it is.

20:53

And hopefully this verify tool and tools

20:55

like this, like we were originally how

20:57

we originally got into blockchain with the

21:00

whole deep sea idea to verify

21:02

things. Now it's becoming so hard

21:04

to verify things because all these

21:07

technologies are going and adapting and

21:09

growing so quickly that man, we

21:11

it's wild. It's dangerous out there. And

21:14

then at that jungle, it

21:16

is. And one of the things we've talked about

21:18

in the past is people using AI to fake

21:21

kidnappings or ransoms. And this has

21:23

happened. This happened here in a

21:26

bizarre cyber kidnapping. A missing 17

21:29

year old Chinese exchange student was found

21:31

alive in a tent in Utah's freezing

21:33

wilderness this week. He'd been manipulated into

21:35

heading into the wilderness by scammers who

21:38

extracted $80,000

21:40

ransom for his parents by claiming

21:42

to have kidnapped him. So, you

21:44

know, people will say

21:47

things that aren't true. What they could do is they could

21:49

take the voice, right? They could use

21:51

deep fake technology. They can make videos. They can

21:53

use your voice. And so you

21:55

can get a phone call from somebody that

21:58

sounds like a loved one saying, help me,

22:00

I'm being held captive and they're going

22:02

to hurt me if you don't send

22:04

blah blah blah." In this case, they

22:07

mimicked this 15-year-old girl named

22:09

Brianna and she was away

22:12

on a ski trip and they knew that. They

22:15

called up the parents, mom, these bad men have

22:17

me, help me, help me. Unless

22:19

they paid these people

22:21

off, they were going to fill her

22:24

full of drugs. All

22:27

it was, was AI, which is

22:29

why it's super important that you

22:31

have a system with your loved

22:33

ones that acts as a safe

22:35

word. If you get a call

22:37

from somebody that is in duress,

22:40

under duress, in duress, around duress,

22:42

they sound duressed and they're asking

22:44

for money, then you ask them

22:47

a question. What is that question?

22:49

Well, that's between you and them.

22:52

It could be, sweetie,

22:55

what's my favorite movie? Only

22:58

you and that person would know that

23:00

your favorite movie is, well, The Shawshank

23:02

Redemption. Now that I've shared that, that

23:05

won't be my question. If

23:07

they aren't able to answer that

23:10

question, then you have reason to

23:12

be suspicious. Exactly.

23:15

What's your keyword? What's your safe word

23:17

with your family? My mind is big

23:19

juicy farts. Oh wait, I can't

23:21

now. I got to update that now. My

23:24

favorite movie is Napoleon Dynamite. Oh, damn, I

23:26

don't know what I want to do now.

23:28

Oh, you know, matter of fact, they're actually

23:30

bringing Napoleon Dynamite back to the movie theaters

23:32

this year. Really? The 20th

23:34

anniversary of the movie. Anyway,

23:39

that's what I think about when I

23:41

see all of this crazy uses of

23:43

these technologies for darkness. Be

23:45

in the light, folks. Don't be

23:47

in the darkness and creating more

23:49

evil and strife in the world.

23:51

Come on, we'll be an asshole.

23:53

Maybe instead we can use AI

23:55

for companionship, right? You've got all

23:57

of these bots. There's

24:00

a ton of applications now on the App

24:02

Store. One of them that I downloaded to

24:04

see was called Replica with a K. Basically,

24:07

you have to pay if you really want to get

24:09

into it, but you could try the free version and

24:11

you can have a virtual

24:14

AI friend, a boyfriend, a

24:16

girlfriend, a they friend, a deserve

24:18

friend. I don't know what kind of friends you

24:20

can have, but you can have conversations with these

24:23

things. There are a lot of people that are

24:25

lonely out there. What

24:27

if you could feel less lonely

24:29

by having an AI friend? That

24:31

would be really good in old

24:33

folks' homes, in elderly care. It's

24:37

almost like they don't even want to have somebody

24:39

to talk to and maybe their family is not

24:41

talking to them. So an AI companion would

24:44

be really nice in those cases. I

24:46

know Gen Z

24:48

is less likely

24:51

and dating has really changed

24:54

in a lot of ways. It's almost like

24:56

a lot of women are expecting you to

24:58

pay for their time, which is weird. It's

25:00

almost like they got a side hustle going

25:02

on. A lot of them do. It's kind

25:04

of weird. I think a

25:06

lot of Gen Z is opting out of the

25:09

dating world, which over time is going to be

25:11

less kids. I don't know. It's just kind of

25:13

a crazy thing. I think

25:15

we're going to see this space

25:17

and AI using for companionship. Companion

25:20

AI-inship is going to be really big

25:22

and it's already starting to grow. We're

25:24

starting to see influencers and stuff doing

25:27

this and saying, hey, I'll be your

25:29

virtual AI girlfriend. They basically

25:31

create versions of them or they're sending

25:33

you lewd photos. It's just a crazy...

25:36

It's almost becoming like demolition man. I

25:39

don't like it. I don't like it.

25:41

It's less real connection. It's less humanity.

25:43

I think that unfortunately the

25:45

direction that it's heading is

25:48

ultimately not going to be good for humanity, but

25:50

it is what it is. There's

25:53

downsides to it. Of course, you can read

25:55

more about this and all of the articles

25:57

that are in this show by going to

25:59

our website, the... Link will get you

26:01

there quickly bad co. I n forward

26:04

slash 708

26:06

even duo lingo where I am learning

26:09

Espanol Sir Lord

26:11

Travis is utilizing AI for content

26:13

creation means they need fewer people

26:17

To employ to create the content

26:19

for the app that I am paying for

26:25

It's crazy I'm studying Russian I want

26:27

to become better at that language and So

26:30

they've not really impacted a whole lot of

26:32

full-time employees yet What they have done is

26:35

they've reduced its contractor workforce by about 10%

26:37

so far So it's not

26:39

big but you can start to see I think

26:41

the year 2024 is the year of companies Reducing

26:45

their workforces overall because AI excuse

26:47

me because AI has become so

26:50

Intelligent, I mean if you think about it,

26:52

I mean we just started playing around with

26:55

AI I think I started playing

26:57

around with AI in 2022 for the most

26:59

part. I know that you know, Dolly was

27:01

really early I didn't get access early on

27:03

to Dolly where I wanted it And

27:06

then Chad GPT came out and playing with

27:08

those real early on versions. I think I

27:10

got in and GPT 2.5

27:13

maybe or three and I know early

27:16

on with mid journey and then just

27:18

seeing it how quickly that it's evolved

27:20

just so quickly Over the

27:22

course of like 18 months dude 18

27:24

months from now like where are we gonna

27:26

be dude? So I the time by the time of

27:28

the middle of this bull run I

27:31

think there's gonna be the time of the middle

27:33

of this bull run the Technologies and AI could

27:35

be so good if you find the right tools

27:37

and I'm believe me I'm looking and if you

27:39

find some really cool tools, please email us about

27:41

crypto [email protected] Because looking

27:44

at having AI looking at the charts

27:46

finding the candlesticks looking at the right

27:48

patterns and the optimizations of them Just

27:50

like it. We just saw oh, it's

27:52

the bull cross. It's the Bitcoin bull

27:55

cross like oh, wow What all these

27:57

things like all that stuff's gonna

27:59

be programmed in? and be able to

28:01

identify and predict the market better

28:03

than ever before, potentially. It

28:06

could be very advantageous if you're in it,

28:09

and it could be very destructive overall

28:12

if it's not done correctly. So these next

28:14

18 to 24 months, Joel, is going to

28:17

be cray. Meanwhile, in

28:19

the NFT world, are NFTs

28:21

coming back? Well, certain tokens

28:23

are definitely moving. IP,

28:25

STX, IMX, Render, Theta have all

28:27

moved up here over the last

28:29

week or so, and it's making

28:32

people ask, hey, is

28:34

interest in trading NFTs increasing?

28:36

Well, according to the data

28:39

from CryptoSlam, sales volume increased

28:41

to $311 million in the

28:45

previous seven days. Nice to see

28:48

ICP here amongst this. ICP

28:50

is one of the ones that we

28:52

were advisory with, and they got beat

28:54

down horribly by the press. They

28:57

would say, at ICP, they would

28:59

say that it was very manipulated.

29:02

They would say that it was coordinated

29:04

by SBF and Solana ecosystem. That's

29:07

what they have said. And so it's crazy

29:09

when you look at how corrupt SBF is,

29:12

and you kind of go, ah, yeah, well, I can kind

29:14

of see that now. So

29:16

look at this. Look at this ad here

29:19

that's showing up on Coin Edition.

29:21

Best way to Airran, pass it

29:23

to Vyat home. What

29:25

the hell is this? Like did AI

29:27

make this image for this ad? Wow, it looks like

29:30

AI might have made it and they added the other

29:32

stuff, or they just don't under, wow, that is horrible.

29:34

Is this not the worst ad ever? You

29:37

guys got to look at this. If

29:39

you're not watching the video version, then

29:41

go to either our YouTube, Rumble, or

29:43

Odyssey channel. Links are on the website

29:45

at badcryptopodcast.com to see this. It

29:48

is perhaps the worst ad that I

29:50

have ever seen on

29:53

here. Meanwhile, this deal

29:55

indicates that perhaps the metaverse

29:57

is coming even closer to a

29:59

reality. The author of Ready Player

30:02

One and the producer of the

30:04

Ready Player One film are on

30:06

board with a company called Readyverse

30:09

which they are developing alongside the

30:11

metaverse known as future verse. They've

30:13

inked a deal This is Warner

30:16

Brothers connections here. And

30:18

if you're not familiar with future verse

30:20

Well, we've actually been talking about them

30:22

for some time because they are a

30:24

they have become a conglomeration of multiple

30:27

NFT projects Pioneered

30:29

initially by altered state machine

30:31

ASM. They've got the ASM brains

30:34

They've got the characters for their little mobile

30:36

game that you can play right now on

30:39

mobile phones. They've got fluff world They've got

30:41

seekers. They've got the Adam cars a bunch

30:43

of them and I've been following along with

30:45

this I've been a holder of their Asto

30:48

token. Actually, I believe we got to be

30:50

early investors in In

30:52

Asto and really great to

30:55

see movement into the mainstream I'm not

30:57

sure how quickly we're going to see

30:59

actual metaverses that bring Thousands

31:02

and then millions of people but we're definitely

31:04

moving in that direction Yeah,

31:07

very interesting to see where the space is headed.

31:10

And if you haven't seen Ready Player

31:12

One or read the book I mean,

31:14

you know, it's basically where people are

31:16

just ignoring regular reality and just diving

31:18

into that virtual reality But then whenever

31:20

you step back and look at it

31:22

at a hundred thousand foot view Maybe

31:24

we are already in our own virtual

31:26

reality Commutation and this

31:28

is just our physical matter reality and

31:31

we're just working it and working our

31:33

magic in it And so maybe it's

31:35

not maybe it is I don't know

31:37

but this world is crazy and 2024

31:41

is gonna be quite a ride and did you know Joel

31:43

did you know that that? 2024

31:46

is the year of the dragon. Oh Indeed

31:48

it is and you cooked up

31:51

something really amazing to commemorate that

31:53

if you're a holder of the

31:56

bed crypto nifty club which you're

31:58

able to get from badcrypto.uncut.network,

32:00

then you got

32:05

airdropped, let me actually pull this guy up here if I can

32:07

find, you know I can't find the airdropped image right off hand,

32:09

but you got airdropped one of a 300,

32:12

300 mints of the the Crypto Bull Dragon that

32:16

was a freebie. And what we want to

32:19

do is we wanted to create something really

32:21

special that just 24 of

32:23

you, because it's the year 2024,

32:26

just 24 listeners in the Republic

32:28

of Bad Cryptopia can purchase one

32:30

of what we're about to show and participate

32:34

in a special Zoom meeting with Sir

32:36

Lord Travis and myself. And

32:38

so I'm just going to kind of go through some

32:41

of these here that you're going to be

32:43

able to get starting now by the way,

32:45

badcrypto.uncut.network. When 24 of them

32:47

are gone, they're gone, and we're going

32:49

to have this this private meeting with

32:51

the collectors in February, date to

32:53

be announced. Do you want to talk about these

32:55

Trev? Yeah, so these

32:58

are an homage to the early

33:00

sort of video games, right? This

33:02

kind of reminds me of like

33:04

a Nintendo 64 type of vibe

33:06

where we have the digitization

33:09

and pixelization of these, but these are

33:11

all really cool. They're either related to

33:13

some sort of king or god or

33:15

some innovation, right? That was Zeus that

33:17

we just saw a minute ago, right?

33:19

And just what are some of the

33:21

others? There's one that's a fortune fire

33:23

or fire fortune that's based on the

33:25

Italian or the the

33:28

Chinese New Year. You can just kind

33:30

of see these are all different styles

33:32

that we've created. There's one that's related to

33:34

the Egyptian. I don't know if you can

33:36

tell who this is. Who is that right

33:38

there? That's like Snoop the dog. Yeah, I

33:40

like his deal with it glasses. Those are

33:43

pretty solid. Yeah, so there's some fun ones

33:45

out here. Bitguscon, Crypto, Winter Wallop. They're

33:48

all fun. You got to go though

33:50

and grab these quick while you can.

33:53

They're all one-of-ones. Each one is

33:55

unique And they are

33:57

on sale now at Uncut.network. The

34:00

Bad: Crypto.on cut that network and

34:02

you can find these they are

34:04

Point O two E's each. We

34:06

are going to go with point

34:08

O Two O two for but

34:10

the system wouldn't take that many

34:12

decimal points in their see you

34:14

get it actually get a point

34:16

o two for discount on these.

34:18

Their point O Two E's it's

34:20

and eve you get one of

34:22

these. Then you will be invited

34:24

to a very special meeting where

34:26

we're going to come on I

34:28

you know we've got. Between the two

34:31

of us more than fifty years of

34:33

digital marketing experience And if you have

34:35

questions if you need some advice in

34:37

that arena we will give you financial

34:39

advice will tell you what we think

34:41

personally. but.let's have a get together to

34:43

kick off this year unlike any other

34:45

and I you need go and grab

34:47

one of these as soon as you

34:49

can because it can be gone up.

34:52

There. You go so a you've already

34:54

been dropped, others those original three hundred

34:56

and drop is your medicine. And as

34:59

you know yet there is really bad

35:01

Crypto.uncut.network. Will. Take you there and Evil

35:03

seen as the guardian of the ledger right

35:05

there that the original one that we dropped.

35:09

The. Result all of the one of ones

35:11

will be available by the time that

35:13

you listen to their so I go

35:15

grab years and whoever get some you're

35:17

gonna get that invite to or to

35:19

join us and will figure out the

35:21

exact date or will be early February

35:23

and yeah damn. That's. A deck

35:25

that covers the other week solar trellis.

35:28

Very. Nice that he did not return and

35:30

and we appreciate you all, Tune in in.

35:32

This is gonna be a crazy yourself over

35:34

the course of the next eighteen months. You're

35:36

gonna why definitely tune in because maybe by

35:38

the end of this Big Boron. We're.

35:41

Going to go retire and go

35:43

live on a faraway island is

35:45

why you already do that. Are

35:47

unlikely to saga were have a

35:49

half. Athletes are going about about

35:51

scammer back to Kansas City. arrested

35:53

him. look at about ten inches

35:55

of snow ah outside. but I

35:57

you know I had eleven seasons.

35:59

The summer. And I need a

36:01

little winter in my life. I like that

36:03

wrist coldness my dog hates it, but that's

36:05

okay Cuz he's Puerto Rican. Don't make a

36:07

snow angel or something. All right everybody. Thanks

36:10

for listening Go get your grip though. Oh

36:12

dragon at that trip about unplugged on that

36:14

work. We'll catch on the next episode until

36:16

then The

36:36

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36:38

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36:41

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36:43

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36:45

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36:47

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36:49

not constitute financial Investment or trading

36:51

advice of any kind you shouldn't

36:54

make any decisions as to finances

36:56

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36:58

on this information without undertaking independent

37:00

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37:02

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37:04

that the trading of bitcoins and alternative

37:07

cryptocurrencies have potential risks involved Anyone

37:09

wishing to invest in any of

37:11

the currencies or tokens mentioned on

37:13

this podcast should first seek their

37:16

own independent professional financial advisor