$120B for Bitcoin approved! Aster flies and may pump more!

[00:00:03]Uh >> [sighs] >> well, not sure about 20 to 40k, but I I am sure we'll go lower, but I'm not sure about the 20 to 40k prediction.

[00:00:13]20 to 40k seems awfully low, but I would say like 45. But, you know what? He might actually be right cuz last time we did end up at 15k. So, it's definitely not impossible.

[00:00:32]It's definitely not impossible.

[00:00:34]I'm down to four coins. Still good entries? I think if you only have four, you're probably fine.

[00:00:40]I mean, I think a lot of their money probably should be in Bitcoin at this point because we're not any we're not we're still like in that phase of like, you know, 2026.

[00:00:50]We're not really like, you know, we haven't really reached the bottom yet.

[00:00:55]So, if you're heavily in alts, it might just backfire.

[00:01:00]Well, I mean, like it's it's institutional buys right now. It's institutional buys. We're not talking about retail buys. Retail's not coming in for a very, very long time. We are talking about institutional buying of Bitcoin.

[00:01:13]And uh this one is with capital B.

[00:01:17]So, capital B shareholders approve up to 120 billion dollars in financing capacity for Bitcoin strategy. Now, that's not MicroStrategy. Capital B is a European-based company, and they want to buy Bitcoin as well. They want to buy Bitcoin. I am all for anyone buying Bitcoin right now because we need more people buying Bitcoin, obviously. So, capital B shareholders approved up to 120 billion in financing capacity, uh including equity and credit instruments to support the company's Bitcoin accumulation strategy.

[00:01:51]France-listed Bitcoin treasury company Capital B shareholders approve authorizations allowing the company to raise up to 105 billion euros to fund future Bitcoin purchases. Over 95% of the shareholders approved the establishment of up to 5 billion euros in capital increases equivalent to as many as 125 billion new shares at the current nominal value as well as issuance of up to 100 billion euros in credit instruments. So basically like they approved um the money arrays and the money that's going to be raised is going to be financing their Bitcoin strategy.

[00:02:29]Obviously, that's going to include buys of Bitcoin but also credit instruments as well. So unlike MicroStrategy, they are going in with a business plan. Now, I don't really know if the business plan is going to succeed going to succeed or not but hey, they have a business plan and that's better than no business plan, right?

[00:02:49]So basically the company said the issuance of new capital instruments will accelerate its Bitcoin accumulation strategy focused on increasing the number of Bitcoin per fully diluted share over time. During its general meeting on Wednesday, Capital B reported 300 300.65 million in total shares with voting rights. If fully exercised, issuing 125 billion in new shares will result in existing shareholders being diluted about 0.24% of the company's ownership which honestly is not too bad.

[00:03:18]Shareholders also approved changing the company's name from The Blockchain Group to Capital B aligning its corporate name with the commercial brand adopted in 2025.

[00:03:30]So basically like the vast majority, 95% of all shareholders did actually approve of all the resolutions uh at the annual ordinary and extraordinary general meeting held Tuesday. Approval by the ordinary general meeting of standalone and consolidated financial statements for financial year or fiscal [snorts] year 2025 approved by the extraordinary general meeting of the establishment of a maximum capacity of 5 billion euros in nominal amount of capital increases um and 100 billion euros in nominal amount for the issuance of credit instruments in line with deployment of Bitcoin treasury company strategy focused on increasing the number of Bitcoin per fully diluted share over time. So, obviously their strategy focuses on buying lots and lots of Bitcoin. And we like that because we like it when the strategy involves buying lots and lots of Bitcoin cuz most obviously that helps our investment as well. So, it's not only going to be MicroStrategy that's a big player in the game. Capital B, my friends, is sticking its head in the mix.

[00:04:36]So, I mean that's I mean that's good news, right? That's good news. Capital B is Europe's second largest Bitcoin treasury company holding 3,139 Bitcoin currently valued at $200 million.

[00:04:49]It ranks behind Germany-based Bitcoin Group SE which holds 3,604 Bitcoin worth $230 million. So, the amount of Bitcoin they have now is nothing like the amount of Bitcoin they actually want to purchase.

[00:05:03]Very very it's an interesting move. The fundraising initiative contrasts with moves by some treasury companies to reduce or actively manage their Bitcoin exposure.

[00:05:12]On uh Mar- May 28th, France-based semiconductor company Sequans Communications said it had concluded its previously announced crypto treasury strategy. The company held 658 Bitcoin and said it would monetize remaining holdings over time. So, th- this company really really wants to massively expand their Bitcoin holdings. I am all for them expanding their Bitcoin holdings by however the hell much they want. The more they expand their Bitcoin holdings, the better off we are, obviously. So, that is kind of what we That is really what we have for right now. Capital B, we've we've actually talked about this company before.

[00:05:52]Uh them and their shareholders really want more Bitcoin and I am all for them getting more Bitcoins. So, we'll actually see what this actually comes out to. Hopefully, something really, really nice. It is good news.

[00:06:08]It is really good news. The other thing is Astar, the competition to Hyperliquid, actually soared 23% today because like Hyperliquid, Astar is copying Hyperliquid. And what's happening is they're also doing coin buybacks. Now, coin buybacks obviously directly affect the price of the coin cuz they're buying it off the market and either keeping it or allocating it, which basically takes it off the market.

[00:06:31]So, they're following the Hyperliquid strategy.

[00:06:35]So, the latest change will significantly increase fee allocation compared to previous stage five model, which had pegged allocation at 80%. The Astar DEX unveiled a huge change to its tokenomics as of June 17th, allocating 99% of fees generated through its platform to an Astar token buyback with one-to-one burns from its reserves for each token purchase. So, it is exactly like BNB and Hyperliquid. You really do want to look for coins that actually do this cuz coins that actually do this are actively helping the price of the coin. And of course, they're going to be buying back significant amounts. Both Binance BNB and Hyperliquid do buy back significant amounts, which is part of the reason their coin does so well.

[00:07:19]So, in a post on X, the YZ Labs supported perp exchange said its upgraded tokenomics model went live at 12:00 p.m. UTC on June 17th. Under the new framework, 99% of daily platform fees will be used to automatically buy back Astar through time-weighted average price purchases executed throughout the day and settle on chain. Now, I don't really know if it's going to maintain 99%. They need to make some money somehow.

[00:07:43]But at least for right now, they will actually buy back and burn and that's really nice.

[00:07:50]Every token bought back will trigger an equal burn from Astor's reserve. So they're they're not burning the circulating supply, but they are burning their reserve supply, which means no more coins are going to come out into circulation, which obviously helps with any kind of coin dilution. This is an excellent plan.

[00:08:05]So which with the team allocation burn first resulting in what they call a 198% buyback, 99% repurchase and 99% burn from reserve. So they're taking I mean realistically they're taking like one out of circulation, but they're burning another one. It's not really a 198% buyback cuz they're not burning 198%.

[00:08:26]They're only burning 99%, which is perfectly fine.

[00:08:29]So this will actually help the price.

[00:08:32]However, the coins that'll be bought back won't disappear. They go directly to stakers after being added to the pools loyalty reward pool. So the thing is like the coins that they buy back will be redistributed out, but the ones they actually burn are gone. So like they redistribute the ones they redistribute like they're burning their own team's share and then redistributing the coins that are actually repurchased.

[00:08:54]So I don't know how long they'll actually do this. There's probably a limit. They'll probably do this until they hit a certain like coin limit. I think BNB's coin limit is 100 million coins. But anyways, this should improve the price of the coin. And the burn target is quite significant. Recall that the DEX launched with a total supply of 8 billion tokens and it intends to burn that down to 3 billion. So more than a 50% reduction in tokens. Very very good news, meaning that more than 60% of that supply has been earmarked for destruction. I like that demolition and destruction. CoinGecko states that the present circulating supply is about 2.68 billion while the total supply is 7.82 billion. So there's still a long way to go before the burn target is reached.

[00:09:38]So, think about it. If they're If they want to burn down to 3 billion, that means overall, at a total, they only have 0.32 billion more to actually add out, and that's only about 10-15% dilution from what it currently is right now. So, Astar is looking more juicy, but the thing is, like, they are just kind of following Hyperliquid and Binance, but that's not a bad thing to do. So, news the new tokenomics mechanism had an immediate effect on the market. It saw Astar's value jump 23% going from around $0.64 to $0.79 per CoinGecko, but it has but it has since given back a fair bit of that gain and was trading near $0.65 at the time of the writing. So, obviously, it gave back some of the gains, but I think long-term wise, this is definitely a good a good thing for investors.

[00:10:29]That was split between authentic daily buys, which took 40% of the fees, and while another 20 to 40% was to be held in a discre- discretionary strategic reserve, allowing the platform to conduct targeted purchases based on market conditions. The announcement also coincided with brief price uptick with Astar spiking 30% to 130, buoyed by news that ex-Binance CEO CZ was holding more than 2.5 million worth of cryptocurrency. CZ, obviously, has been linked with Astar. Let me go take some medicine, and then I'll be right back.

[00:11:42]>> All right, there we go.

[00:11:46]So, obviously CZ holding the coin actually boosted up by a bit, too.

[00:11:51]The new plan has removed the strategic reserve approach entirely and push allocation much higher with nearly all platform fee revenue going to automatic buybacks. So, they're going to do this until they get around to about 3 billion coins. Obviously, this is like an awesome treasury thing to do for all investors and you should definitely look for coins uh you should definitely look for coins that are set on doing this because coins that are actually set on doing this are obviously going to be good for your investments. So, uh don't like skimp on something like this. This is like This is really, really nice.

[00:12:26]This is like a really, really nice thing for uh investments. Definitely a nice thing for investments, man.

[00:12:32]Yeah, don't uh don't scoff at something like this.

[00:12:40]Obviously, you know, very, very good news for Aster.

[00:12:46]I I don't know if I would short Aster. I mean, like it's it's already dumped back down to what it kind of was.

[00:12:53]Yeah, I mean, we recovered a little bit from yesterday, but dude, like but dude, like uh even the Republicans are saying like this is one of the worst the Iran deal is like one of the worst deals that we've ever actually made.

[00:13:08]Vance is obviously trying to defend Trump's peace deal. Trump has already said like if it doesn't work, he's going to blame Vance. So, uh Vance is kind of getting the short end of the stick.

[00:13:26]And obviously, Trump is like hitting back because he doesn't want people to realize what concessions he gave. Peace deal you pay 300 Well, first of all, like we're not paying the 300 billion.

[00:13:37]Um, that's an that's like an investment from the Gulf states. I'm sure the US will be throwing in a pretty penny themselves, but it's not 300 billion from the US. But the main point is Iran is getting 300 billion. Kind of ridiculous. And on top of that, we're also unfreezing something like 25 billion immediately of their assets.

[00:13:55]Like the Republicans lost their when Obama unfroze 1.7 billion. But like now like they think unfreezing 25 billion is a great deal.

[00:14:04]The Strait of Hormuz, uh, whether it's toll free or not, that's also under debate cuz Iran is said has also said that like, you know, like there will be a fees for navigation assistance.

[00:14:16]Navigation assistance.

[00:14:19]And uh, that's basically a toll cuz cuz there were no navigation assistance fees from before, obviously. So, overall, the deal is a big loss for the United States. In American military history, we're going to go, "Yeah, it was it was a really it's a really bad deal." Like even a lot of Republicans are saying it's a really bad deal. Only like the hard most hardcore of the MAGA folks are trying to defend it. Everyone else who's read the MOU sees that it's a extremely bad deal.

[00:14:44]Buy the deal, just pull out and get oil flowing. Deal affects on plubs.

[00:14:49]It really doesn't affect us that much.

[00:14:51]Yeah, I mean, like we I just want the oil flowing.

[00:14:53]But realistically, it's a loss and it's going to be a loss on Trump's record.

[00:14:58]And politically, I mean, politically it's just it's just bad for him. That's that's the that's the end all be all.

[00:15:03]Like politically, it's really bad for him.

[00:15:05]Cuz he can't he can't sell it as a win.

[00:15:06]It's a loss no matter how you spin it for most people.

[00:15:10]And like the oil prices probably aren't going to go back down to normal for a while.

[00:15:14]And that's if the the peace even holds.

[00:15:20]Have crossed Strait with any attack since peace deal? I mean, that's good. I mean, like we need traffic to resume as usual. But this Remember, this whole thing hinges on Israel and Lebanon.

[00:15:32]This whole thing does hinge on Israel and Lebanon. But the thing is, politically, this war has already done its damage to Trump. Pe- People aren't going to forget by November midterms.

[00:15:41]And like people that are looking into the deal are going to realize it's a really, really bad deal.

[00:15:47]Cheaper starting, it's a win.

[00:15:50]Not really. I I think like I think they're cooked for the midterms, anyways. When it comes to American economy, Trump is modern-day Herbert Hoover.

[00:15:58]Uh Trump has no idea what he's doing when it comes to the economy. So, the US got into a war for no reason or benefit?

[00:16:03]More or less. Like gas prices are probably get like if nothing happens, and that's a big if, gas prices are probably going to be lower next year because there's going to be a glut of supply next year. Demand has been down, but that also might be because prices are really high.

[00:16:17]But like they say oil prices like in 2027 will be will be uh will be low.

[00:16:24]All I'm saying is it's got to go lower than where they started, it's a win. I guess like for us, yeah, for the consumer. I don't think they'll be much lower than where they were until maybe until like 2027.

[00:16:35]But like the thing is like it was high for like 4 months. I can see Israel messing this up. Everyone can see Israel messing this up cuz Israel does not want this peace deal.

[00:16:45]Like everyone and their mother knows Israel does not want this peace deal.

[00:16:53]But that like they're saying that there's going to be a glut of supply in in next year, in 2027. We'll see if that actually happens or not.

[00:17:15]Fan saying USA is their only ally.

[00:17:22]Trump is in the process of throwing Vance under the bus. That's what Trump's doing.

[00:17:27]I did list I mean I looked at Warsh.

[00:17:29]Look, Warsh is a lot more hawkish than people thought, which is why the markets went down. People actually thought Warsh was going to be very dovish, but Warsh is actually pretty hawkish, which is why we went down. Should be careful with thinking the Dems will sweep the elections. The Republicans are crafty and have a few cards they can play. I don't know if they'll sweep, but I'm pretty sure I'm pretty sure the Dems will actually win the elections. It doesn't really matter how much they gerrymander at this point. And like Georgia just turned down the gerrymander cuz they're afraid that like some of those red districts are going to flip blue at this point.

[00:18:01]Look, if the Iran thing goes bad, Trump is going to try to find someone that's going to get thrown under the bus. And right now it's Vance. I also don't think Vance's prospects in '28 are that great right now. I think like Rubio will beat him in the primary.

[00:18:14]And if things don't improve by '28 or if Trump keeps screwing up, then no one the GOP elects is going to win.

[00:18:26]He is trying to I throw Israel under the bus right now.

[00:18:31]But that's fine because like we don't Israel should not get our support without restrictions.

[00:18:37]Look, the GOP doesn't actually like the idea of Jewish people. They like the idea of the state of Israel cuz it keeps the Muslims at bay. That's basically their reason for liking it.

[00:18:49]Hekseth was never really a viable candidate for president. Right? Like he's he's like the defense secretary and he's basically there because of DEI.

[00:18:59]He's basically there because he's a loyalist. He doesn't really have any abilities or any real leadership experience.

[00:19:05]He's a really bad He's a really bad secretary of defense.

[00:19:13]But yeah, look, Trump is just trying to look out for himself. I don't really know if Israel has things on him or not, but he's actually taking a much tougher stance than Netanyahu cuz he's desperate to have the He is like desperate to have the peace deal hold. Like the the midterms are already screwed for the GOP anyways, but if this war comes up again and it doesn't end, it's really going to be screwed for the GOP.

[00:19:36]Seems like he's fed up with Bibi. Yeah, obviously like Israel and the US have always had differing like goals.

[00:19:43]And obviously like, you know, politically it's hurting him.

[00:19:49]Politically obviously it's hurting Trump right now, but there's really not But the thing is there's really not that much he can do about it even if it is politically hurting him.

[00:20:06]There's really not much he can do about it even if it is politically hurtful to him.

[00:20:10]Because like if like like unless he just abandons Israel, which I have a hard time believing that he'll do. I have a hard time believing that any US president will completely abandon Israel. So unless he does that, which is incredibly hard for me to picture, like he's going to be dragged back in like in 6 months it'll be something else and people will forget about this war.

[00:20:32]I don't think they'll forget by the time midterms rolls around. It's not looking good for Russia. Their economy is looking really bad and running out of money to fund the war. It's more of a manpower issue for Russia. They're losing more troops than they they can recruit. Like people like no one wants to be recruited anymore and the signing bonuses aren't as attractive cuz like basically like if you go to war you die.

[00:20:50]And you can't use the money if you're dead.

[00:21:01]So like no one's really signing up. He doesn't want to do a Putin does not want to do a mass mobilization cuz he knows it'll be like really unpopular.

[00:21:09]And he is And he's like not like he hasn't been targeting Ukraine's military targets for like the last year or two.

[00:21:14]He's basically been just targeting civilian structures.

[00:21:17]What, Russia getting too desperate? Who knows the day they will launch? I think they're pretty controlled by like by NATO. They know if they like do something nuclear, like NATO will respond. They're not the only nuclear power. And like conventional forces-wise, they're just not very strong.

[00:21:34]Like they do have It is a full-scale The Russia thing is a full-scale war. They have over a They've lost over a million troops, and they have more than a million troops at the front.

[00:21:45]Has been exposed as a paper tiger. Yeah.

[00:21:47]Like they're getting like the Russian army is getting decimated by by Ukraine at this point.

[00:21:52]They They basically got nothing left.

[00:21:55]Like they're really, really trying hard to get up recruitment numbers. Like they're basically forcing companies to to volunteer employees to go to the army.

[00:22:09]And if you actually look at the territorial gains, Russia's made like zero territorial gains for like the last 3 months.

[00:22:17]And like the Ukrainian counterattacks in the last 3 months have actually gained back territory.

[00:22:22]Country they're at war with?

[00:22:26]Yeah, but it's like but it's economic support, 88 Metal Mania. None of the other countries have actually sent troops.

[00:22:32]And most most of the equipment that Ukraine gets is like second-grade equipment from like 20 years ago.

[00:22:45]Yeah, but like 88 Metal Mania, Putin's main Putin's main strategy wasn't really about funding. It was about just like overpowering Ukraine with manpower. And he hasn't been able to do it.

[00:22:56]Right now at this point, he's losing the war.

[00:22:58]Getting some pretty good stuff, I seen.

[00:23:01]I mean, a lot of it's their own stuff.

[00:23:03]Like the drones, like Ukraine is like manufacturing the best drones in the world.

[00:23:08]They are sending new ones, but Ukraine's actually like developing the technology for new drones.

[00:23:12]War will be fought with drones and robots. A lot of it will be drones.

[00:23:15]Infantry still does matter. I mean, that was Putin's entire plan.

[00:23:21]That was essentially Putin's entire plan.

[00:23:29]I mean, the European countries might make deals with Iran separately. There's not much Donald Trump can do to prevent that.

[00:23:35]Russia is not winning right now. They've made zero territorial gains for months.

[00:23:39]And they're actually losing actively losing territory in the south.

[00:23:43]They've lost 1 and 1/2 They've lost nearly a a million and a half troops.

[00:23:47]Their death ratio The death to injury ratio is like two to one, which means two soldiers die for everyone that's injured, which is like the exact opposite of what it should be.

[00:23:55]Uh on the bottom, we may be close than I thought if it wicks to 58 or so. Nah, I I think it'll I think it'll go way lower than that.

[00:24:02]>> [clears throat] >> I think it'll go way way lower than that.

[00:24:07]I I don't like We're still in like the beginning stages of the summer. I can see it drop pretty low like midsummer, late summer.

[00:24:28]No, I don't think 60K is the bottom.

[00:24:29]We've already tested like 59, 58. I think it'll sooner or later we'll drop through.

[00:24:35]Maybe like 50. Recovering on or running like stocks. I mean, the tech sector is the only thing holding everything up right now. But, it's doing a very good job of holding stocks up.

[00:24:44]Crypto isn't quite as affected by the tech, obviously.

[00:24:55]I mean, Putin's really hasn't Putin really hasn't anything by this war. He's basically like Putin's basically expanded NATO throughout this war cuz both Sweden and Finland have joined NATO.

[00:25:13]Stacking up cash.

[00:25:17]Saylor is holding BTC up. His buys aren't going to be enough. That's why we need the capital B buys.

[00:25:25]S Bitcoin is still half its all-time high though, and we're not really all the way through the bear market.

[00:25:41]Starting to drop, we're going to 40K.

[00:25:44]It's not really starting to drop, we're still at 7,500.

[00:25:48]I mean, I don't think any of the administrations is going to allow the stock market to drop too much before they intervene.

[00:25:56]I highly doubt it's going to allow the market to drop too much before they intervene.

[00:26:02]I just bought a ton of ton of JTO today, we'll see. Uh Jupiter?

[00:26:06]I should Jupiter should be fine. I mean, it's Solana's kind of like it's kind of like Solana's like congregate exchange thing. So, that should be fine.

[00:26:28]No No, JTO. But, isn't JTO Jupiter?

[00:26:34]Isn't that the coin for Jupiter?

[00:26:37]Or was it What What is I thought I thought JTO was the coin for Jupiter.

[00:26:53]Oh, JTO is the sign?

[00:27:03]Uh, I don't really know what this is.

[00:27:05]Really don't know what this is. Oh, it's a it's a network.

[00:27:08]Staking network. But still a Solana staking network.

[00:27:11]Okay.

[00:27:13]See it going under 55k without something real catastrophic.

[00:27:17]I don't know, man. We've gone from like 80-something K to like 60K on nothing that catastrophic.

[00:27:24]There hasn't really been anything massively catastrophic happening in the cryptoverse, man. There really hasn't.

[00:27:31]There honestly has not been anything super catastrophic in the cryptoverse, and we've already dumped to 60.

[00:27:37]If there's any kind of like actual market downturn in the stock market, we'll definitely drop lower. I just don't really know if there will be.

[00:27:45]Like if the S&P drops to like 6,500 again, like the crypto's definitely going to drop like to 50K.

[00:27:54]It's like even with Michael Saylor and AI holding this up, it's like barely holding on to 60K at this point.

[00:28:02]Even with those two things holding up the market, it's barely barely holding on to 60K.

[00:28:07]So, I just I don't see it as being that healthy at all.

[00:28:13]Definitely don't see it being that healthy.

[00:28:16]I hope the $120 billion worth of buys from Capital B or like however much they decide to buy into Bitcoin will help it though.

[00:28:23]A retreat well below 57K, probably somewhere between 28 and 40. I think 28 and 40 is a little low. I mean, I'd be willing to say like 45.

[00:28:33]I mean, like YouTube influencers are all over the place. Some are saying like way low, like 20 to 30K. Others are saying like we've reached the bottom.

[00:28:40]I'm kind of like in between. I think it's going to be around 45, maybe like 40 or something like that.

[00:28:48]I'm kind of just following the four-year chart and assuming something like FTX does not happen, which could always happen. I can see like 45. I don't really see 28. If something like FTX does happen, I can definitely see 28 though.

[00:29:04]I mean, it's actually taking us uh it's actually taken us shorter to fall below the last like all-time high from the last bull run than the time before it cuz you know, the time before it it took us until essentially what?

[00:29:16]Like October, November to drop below 20, which is the 2017 high.

[00:29:21]It only took us until basically February or March to drop below 69, which is the 21 high.

[00:29:29]So, it's not like it's going any better.

[00:29:32]Would it even come back from 28? Yeah, it's going to it would come back from 28. We came back from 15, we can come back from 28.

[00:29:38]And realistically, if you want the high ROIs from Bitcoin, that's what it's got to go down to if you want the high ROIs from Bitcoin.

[00:29:47]So, 28 like I don't think 28's like out of the question. I don't think it's going to go that low, but I don't think it's out of the question.

[00:30:32]Or dropped us into the 50s, give it time. I mean, if he really starts something big again, yes, it will probably drop us into the 50s.

[00:30:39]Trump is I can see Trump is getting tired of him though. Like will he actually abandon Israel? Probably not.

[00:30:52]Well, I mean if it drops to like 28k, the big ROI days aren't over. But you should you have to like you do have to pin it the right time. I would not be betting on 28 though. I would definitely not be betting on 28. 45 maybe, but not 28.

[00:31:07]Yeah, high I mean we've been in the high 50s as recently as like 3 days ago basically, before this whole deal came up.

[00:31:16]And if the deal falls apart, I think we're going to fall lower than that.

[00:31:20]I mean oil's back into the 70s. My gas prices haven't come down as much, but oil's like basically in the 70s.

[00:31:28]Which is almost where it was before the war. Now like before the war started, it was like like mid low 60s.

[00:31:35]Or like anything else that matures, big companies get into it. I mean you're going to have to play with altcoins to get the big gains. And obviously playing with the altcoins is always like really really dangerous to get the big gains.

[00:31:47]I if if you want the if you want the rewards, you got to take the risk, man.

[00:31:50]If you want the rewards, you got to take the risk and the risks are pretty big.

[00:31:58]Big gain probably like 7 8x or more. I don't think you'll be able to get it from Bitcoin anytime soon. 7 or 8x or more. You're going to have to go with other coins besides Bitcoin if you want bigger gains.

[00:32:09]I think you might be able to get like a 5x from Bitcoin if it goes very low and then it goes up to like 180 or 200, but that's about it.

[00:32:18]And that's if you buy at the bottom and sell at the top, which a lot of people like not a lot of people manage to do.

[00:32:26]So, yeah.

[00:32:29]5x realistic on some tokens, but BTC I mean if you buy at the right time it is.

[00:32:35]But like I think with Ethereum you probably get 5x or Solana much easier, but you got you do have to time it right.

[00:32:42]Up to 10K in a bull run, that's uh more than 5x. I don't know if it'll go to 10K, hopefully.

[00:32:50]I mean, Ethereum didn't go nearly as high as we thought last time.

[00:32:58]These people think 50 to 100x, they're not like unless you go really really deep into the token pool, you're not getting 50 to 100x. You could play meme coins for 50 to 100x, but one like even if they do hit that, you'll probably have a hard time catching out if you have any significant amount of money.

[00:33:14]And it's more likely you'll hit the wrong one.

[00:33:18]Which coin do you think can 10x?

[00:33:22]I mean, something like Hedera could probably 10x from like from their lowest point.

[00:33:28]Cuz realistically, it it like 10x is under like a dollar. So it's it's possible that it 10x's during a bull run.

[00:33:42]So you don't have to go that far to get 10x. Hy- HyperLiquid is already pretty high. It might be able to on a FOMO, but it's already really high.

[00:33:54]Doge can 10x.

[00:33:56]I don't know if that Elon thing was like a one-time thing or it'll actually if it'll happen again. That's the problem.

[00:34:02]I'm really not sure if it'll actually happen again.

[00:34:08]Cuz like Elon the the whole like Doge thing was because of Elon Musk.

[00:34:13]And I I don't like part of me thinks that he's kind of past the and part of me thinks that Elon's like past his crypto stage.

[00:34:20]How are these tokens going to 10x? FOMO, man. FOMO.

[00:34:25]It'll hap- look, it'll happen when we have an actual bull run. We just people just stop believing cuz we didn't have an altcoin bull last time because of Donald Trump basically.

[00:34:35]Because Trump's tariffs basically killed the altcoin bull run, people just stopped believing they will have altcoin bull runs, but we'll have altcoin bull runs.

[00:34:43]We'll have altcoin bull runs, man.

[00:34:46]Doges a larger meme than the richest person.

[00:34:52]What do you mean? Doge does not have a trillion-dollar market cap. Chainlink and Avalanche can both 10x. Chainlink has like a lot has a lot of FOMOing power cuz it's got so many partnerships, but and also like Chainlink is getting a lot of DeFi, so you might be right about that.

[00:35:06]I don't know too much about Avalanche.

[00:35:12]Elon is like Elon has like something like $2 trillion now cuz like SpaceX just like went up really really hard after IPO. I'm still looking for it to come down, but like it went up really hard.

[00:35:24]I mean, that's a trillion dollars on paper, of course. He can't actually cash it out. But then again, if you have a bunch of Dogecoin, if you have like billions of Dogecoin, you also can't really cash it out.

[00:35:33]So, it's kind of the same thing.

[00:35:35]SpaceX I Let me check SpaceX. I haven't really checked SpaceX. I mean, it debuted at 135. I think it's still way above 135 right now, right?

[00:35:46]Yeah, it's 185.

[00:35:49]So, it's down to 185 from 225.

[00:35:53]But like that's that's kind of to be expected. I expected to fall below 100, honestly. Chainlink can 10x. They need the coin.

[00:36:00]I mean, they say they do, but I'm not sure.

[00:36:06]Making my moon watching more difficult.

[00:36:09]Look, if SpaceX is going to come down.

[00:36:14]I remember Circle went up to like insane numbers right after the debut, and then it came down really hard.

[00:36:21]I think like Once again, I think SpaceX at $2 trillion over $2 dollars, is massively overvalued.

[00:36:29]Their only revenue is basically Starlink.

[00:36:36]I think these goofy tokens have a better chance to 10x than SpaceX under 100.

[00:36:41]Nah, I think I think there's a much better chance of SpaceX under 100.

[00:36:46]I I thought I thought 135 was massively overvalued for SpaceX. Eventually, it'll get there, but it's not worth that right now.

[00:36:56]Link should be where hype is if it was needed by now. You you might be right, but it is recently it has been getting a bunch of Link has been getting a bunch of DeFi.

[00:37:07]Personally, I think I think the entire stock market's overvalued, but people have been saying that for years.

[00:37:13]Like based on the economic conditions, the the S&P 500, the Nasdaq, and the Dow should not be so high. But the government kind of like, you know, does the reverse repo thing and tries to keep it from going down.

[00:37:28]I'm exiting Intel as it pumps. I mean, the the the company that I have the most faith in is like in the AI thing is Nvidia cuz like everyone needs their chips.

[00:37:42]Outside of them, I'm just not really that uh I'm not really that confident.

[00:37:51]And no, I don't really believe in the AI cryptos. I'm not really sure why AI even needs crypto.

[00:37:57]I have yet to see an answer to that question. Like decentralized governance, I can sort of see that, but for the actual AI function, I I don't really see it.

[00:38:05]Exiting most positions and just going to buy more QQQ. Okay, invest in Coinbase when Clarity Act passes and they will pump.

[00:38:11]I don't think Clarity is going to pump crypto nearly as much as people think.

[00:38:15]I've made that statement multiple times and I'm sticking by it because I just I just don't think Clarity is like the slam dunk everyone thinks it is.

[00:38:27]Bitcoin is better investment than real estate. Well, I mean like from the beginning, sure, but you're talking about a a market from the beginning.

[00:38:34]From now on, I'm not so sure.

[00:38:37]I mean, the price of real estate the price of real estate and properties should come down. Like properties and land values gotten way too expensive the last like 15 years or so.

[00:38:48]It depends how like for the last 10 years has Bitcoin better better better investment? Sure.

[00:38:53]Bitcoin has gone up more than real estate in the last like 10 years. Even though real estate's gone up a lot cuz you look at 10 years you look 10 years back, it's like what? 2016? Bitcoin's at like What was Bitcoin in 2016? Like $1,000?

[00:39:07]Now it's like $60,000.

[00:39:10]I mean, it's essentially 60x. Real estate's been good, but it's not been that good. But from here on out, I don't know if that's true or not.

[00:39:27]I mean, yeah, if if I went back 10 years and I had the option of investing in real estate with like, you know, $100,000 then or investing in Bitcoin with $100,000, and I would easily choose Bitcoin cuz I would have more money now if had I chose if I invested in Bitcoin. Cuz you know, like my cuz like if I invested $100,000 then and um into Bitcoin, I'd have $6 million now.

[00:39:51]Whereas if I invested $100,000 in real estate, I might have like 500,000.

[00:39:57]So, like you can't really compare like a a company in its infancy with a like a with an established market.

[00:40:04]So, like let's say like, you know, real estate has basically 5x since 2016.

[00:40:09]Bitcoin is 60x. It's not really a competition.

[00:40:14]But like from here on out, I I don't know if that's going to be true, if Bitcoin's going to appreciate more than real estate. The thing is, in 10 years, if Bitcoin's at like, you know, 300 from here on If it Bitcoin's at 300,000, it'll still be better than real estate.

[00:40:29]In terms of like overall ROI.

[00:40:33]But, not for the altcoins.

[00:40:43]You think AI coin will die out before the next bull run?

[00:40:49]I don't think they'll die out cuz AI is still going to be hot. It like AI and AI coins are always going to be linked.

[00:40:56]I just don't think AI has that much to do with AI coins.

[00:40:59]I mean, they're playing They're They're playing off of it, no doubt. They're definitely playing off of it, no doubt.

[00:41:04]But, I don't think one has much to do with the other.

[00:41:09]That's just my opinion.

[00:41:17]Been around for half my life. It's not exactly new for me.

[00:41:22]Well, I mean, as an industry, it's still fairly new.

[00:41:26]For like, what? It's been around for 17 years or so.

[00:41:30]But, like I I wouldn't call it a new I wouldn't call it a new industry now. I don't think it's a new industry I don't think it's a new industry anymore. It was back in 2016 cuz not that many people knew about it. But, now I wouldn't call it a new asset anymore.

[00:41:43]Like, for the next 5 10 years, it still might outperform real estate. But, that's just because it's a much It's a much riskier, much more volatile market.

[00:41:52]It's 60k now. In 10 years, two more cycles, maybe it's going to be at like 180k during the bear market. That's still 3x in 10 years. Will real estate 3x in 10 years? Maybe, maybe not. I don't know.

[00:42:07]Iran call it a breach of the MOU.

[00:42:10]Peace talks are canceled?

[00:42:12]Damn it. Already?

[00:42:15]It didn't even last a day.

[00:42:17]Are you serious?

[00:42:32]I I don't see it on the news.

[00:42:35]I don't really see it on the news.

[00:42:38]Is Is I wonder if Al Jazeera is reporting on it.

[00:42:44]I mean, the US has lifted its blockade.

[00:42:47]I I don't see it yet.

[00:42:51]I don't really see it yet.

[00:43:03]Uh Israel kills at least three Palestinians in So, Israel has struck Gaza, but they haven't struck Lebanon.

[00:43:15]It looks like they struck Gaza, but not Lebanon, but Gaza wasn't part of the agreement.

[00:43:34]Oh, it is Southern Lebanon. Israeli military forces continue to strike targets across Southern Lebanon and in Beirut's Southern suburbs.

[00:43:42]Despite recent interim peace agreements.

[00:43:45]Okay, so it might be over.

[00:43:49]Uh they did both. That's not It does seem like they did actually hit Lebanon again.

[00:43:54]Well, I think it's Then I guess it's back to war.

[00:43:57]Back to war, my friends. Back to war.

[00:44:02]Uh that kind of sucks. That didn't last That kind of sucks. It didn't That didn't last too long.

[00:44:08]I was really hoping that I was really really hoping that wouldn't happen, but it doesn't it does not seem like that lasted too long.

[00:44:19]Iran is waiting to see what Trump will do.

[00:44:23]I mean, he's he's talking a tough talk with Israel, but he just might bend over backwards again.

[00:44:30]I mean, it depends what Trump does. If he backs Israel or he makes some BS excuse, then the war is probably back on.

[00:44:37]But like if he says like you're on your own Israel, then it might not be back on.

[00:44:42]I think Israel's also doing it to see what Trump does. If Trump just pulls American support, I think they might actually calm down.

[00:44:51]Well, the thing that the more the most he can do is like nothing right now.

[00:44:55]Like he just stops sending Israel support.

[00:44:59]It doesn't matter if he does like lip service to chas- chastise Israel. He just needs to stop American support all together.

[00:45:07]It's putting Trump on the spot. Yeah, like Israel is basically just putting Trump on the spot to see if he has any balls.

[00:45:14]And usually American presidents when it comes to Israel, they have no balls.

[00:45:19]Yeah, no one no one really cares about talk.

[00:45:22]We we like we really need to see action cuz don't no one cares about talk when it comes to this stuff.

[00:45:32]What do you think about ICP?

[00:45:34]I'm still not convinced ICP will do so well. I think that their whole thing of like we host our own apps is pretty cool, but I'm not really sure if it's going to be enough to attract investors.

[00:45:46]But we'll see like it really does depend on what Trump does.

[00:45:51]And I don't really know if he has the balls to actually stand up to Israel. It doesn't matter if he just pays lip service. He needs to basically just stop sending support all together.

[00:46:01]Well, ICP is not going to all-time highs cuz the ice cuz the all-time high for ICP is like $700. It's not going there.

[00:46:10]Trump is not finished bombing. I don't think Trump I don't think Trump expected the ceasefire to hold.

[00:46:19]No, we don't have to help Israel.

[00:46:21]We can just say screw it, you're on your own.

[00:46:31]Well, we can get ready for oil prices to soar again if this is the case.

[00:46:35]Man, that that didn't la- Dude, that did not last long at all, man. That did not last long at all.

[00:46:42]I thought it would I didn't think it would last long, but I thought it would last like I didn't think it would last very long, but I thought it would last longer than this.

[00:46:49]This is a This is quite a big disappointment. Quite a huge disappointment.

[00:46:59]Well, I mean I filled up my tank yesterday as well, but the the problem is like even though oil prices dropped to 70s, like the gas prices didn't come down. It takes a while for them to react. And now like if the war is starting up again, they're not going to have time to react.

[00:47:15]No one says the deal's off. That's true.

[00:47:19]But like if Trump actually supports Israel, I'm pretty sure the deal's going to be off.

[00:47:29]And plus I actually don't think Trump likes the deal cuz like he thought he could get away with like selling the deal off as a win, but now he's seeing that he can't sell the deal off as a win.

[00:47:41]So, he might not be opposed to going back to bombing until he can sell get a deal that he sells as a win, but realistically there is no deal that he can sell as a win. That's I don't think that I think that's the part of that he doesn't understand.

[00:47:54]As saying talks are off, maybe Trump told Bibi to do this to get out of it.

[00:47:58]I don't think Trump to I think Bibi would do this without Trump. I don't think Trump told Bibi to get out to do this. But, I also don't think Trump has any real control over the situation right now.

[00:48:10]I highly doubt Trump has any real control over the situation.

[00:48:15]It hasn't been broken. Folks just reading garbage old news.

[00:48:19]It hasn't been broken, but uh Layton, it is true that Israel has struck Lebanon again.

[00:48:24]But, I don't know if this is going to be a deal-breaker. It could be.

[00:48:29]It definitely could be a deal-breaker, but I'm not really sure if it is going to be a deal-breaker. We'll see. We'll see.

[00:48:36]No deal, you should have stayed with the Obama deal. Yeah, he should not have torn the Obama deal up. That was a big mistake from Trump's part.

[00:48:44]Cuz Obama's deal is going to be way better than what he can get.

[00:48:48]Might say hit them and I will say stop and you stop just to fool the folks who's boss.

[00:48:55]Perhaps, but with the deal they have right now, there's there's really these they're not going to he's not going to make any public perception gains.

[00:49:02]See the reaction, it seems like everyone is bluffing everything.

[00:49:06]Yeah, I think everyone just try to bluff their way in. And that's going to end in That's pretty much going to end in disaster.

[00:49:13]I think that's pretty much going to end in disaster.

[00:49:23]But, we'll see. We'll see, man.

[00:49:41]Hopefully, it comes out well. That's all we can hope for. Hopefully, it comes out well, but it's really, really hard to say right now. Super hard to say, but hopefully it comes out well.

[00:49:52]Or it might roundhouse kick us in the face. One of those two.

[00:49:56]Who knows?

[00:50:00]We won't get rate cuts for a very long time. Not Not this year. Probably like probably not until later next year.

[00:50:08]Well, Netanyahu, I think that he still got pretty good support in Israel. He's essentially wanted everywhere else though. But he does That's I mean, he doesn't have to He does not actually have to step foot outside of Israel.

[00:50:21]As long as he doesn't leave Israel, he's fine.

[00:50:27]Like he's all about the greater Israel plan and uh this peace deal obviously gets in the way. Like I'm pretty sure Benjamin Netanyahu wants to strike Turkey next. But Turkey's also part of NATO, so he's having issues with that.

[00:50:38]Like I like Netanyahu does want to dismantle NATO for his own purposes.

[00:50:46]He's doing what he wants and no one's stopping him. Pretty much. Pretty much.

[00:50:51]That's how it always is with Israel, man. They just do whatever and we can't really do crap.

[00:50:56]Cuz they got us by the balls for some odd reason or other.

[00:51:02]Turkey has nukes for America. I don't really know if Turkey has nukes. They might. Any country that has nukes, they're going to have to think twice before striking.

[00:51:24]Turkey does not possess its own nuclear weapons, but it does host US nuclear weapons on its soil as part of the NATO nuclear sharing agreement.

[00:51:32]So those nukes are still under American control. They're not under Turkey control.

[00:51:37]They Yeah, they are in NATO, so Israel can't really strike them. We're still in a bit of trouble cuz we don't really know if this peace deal will hold. For right now, it does not look like it'll hold very long.

[00:51:48]So, gung-ho about the war with without the state's backing?

[00:51:53]And Yasser Doink, that that's why Iran wants nukes so much. Because if Iran has nukes, Israel would not be able to do whatever it wanted.

[00:52:01]That's the reason they want nukes. It's not necessarily to use the nukes, but the nukes are an insane are like a deterrent. Nukes are a massive deterrent to other people like, you know, bombing you.

[00:52:13]You got nukes, they don't bomb you. If you don't got nukes, they will bomb you.

[00:52:18]That's how it works, folks. That's how it works.

[00:52:27]It's a 60-day extension on ceasefire, but they're supposed to talk about a permanent peace during those 60 days.

[00:52:37]That's how it's supposed to work.

[00:52:38]They're supposed to talk about peace within the 60 days, but all nukes matter. All nukes do actually matter. George said he is working on a new game called Clash World.

[00:52:48]Bro, he needs to stop with the new products and just like figure out a way to get Clash like up again.

[00:52:53]Cuz obviously the prediction market thing didn't work. If he was offered a billion dollars for the prediction prediction market, he should have taken it.

[00:53:00]And then give given the proceeds to Clash investors, basically.

[00:53:10]Cuz obviously the prediction market isn't working so well. Like, I don't think people are going to subscribe to his AI. Now, he's trying to make a game.

[00:53:19]George is doing pretty good. Like, what do you mean by a pretty good? How many like paid users does it actually have?

[00:53:30]Iran is going to make it out better no matter what it is now.

[00:53:43]Yeah, but how many like how many users does it have?

[00:53:48]No, no, HTML Mania, how many users does it have?

[00:53:56]I think George is capping on the billion-dollar deal. Most likely.

[00:54:00]But I would have taken it regardless.

[00:54:02]Even if it was like like a hundred million dollars, I would have taken it.

[00:54:09]Credit for what? How many users does he have?

[00:54:16]Like what's the daily usage rate?

[00:54:20]Even if I sign up for the platform, it's not going to tell me that.

[00:54:28]I don't know how many users it has.

[00:54:32]Like he doesn't give us numbers, so give him credit for what?

[00:54:43]Like what exactly am I giving him credit for?

[00:54:50]Obviously like I'm just looking at the price of his coin. It's obviously in the toilet.

[00:54:55]And like his investors aren't happy.

[00:55:04]Bro, we've never actually used my we've never actually bought into MicroStrategy or anything. We bash Saylor all the time.

[00:55:12]Uh would would ask Flash say the number of users if you ask it? I don't know.

[00:55:23]All right, so my George is trying to find something that works.

[00:55:28]Cuz nothing is working right now.

[00:55:37]It's not even his game. He doesn't play it.

[00:55:41]As long as he can sell it, I don't really care.

[00:55:43]But I mean like I still have to ask like how does that actually help the coin?

[00:55:49]Cuz like he did convince a lot of initial buyers to buy the coin and he's got to do something with that.

[00:56:21]I think he probably should have just like at least I think like in the first year or two he should have just stuck with his original idea of doing the the the the tournaments and stuff.

[00:56:30]That actually got some people excited.

[00:56:33]He's trying to expand into this other stuff which I understand but it's really not working that well.

[00:56:43]From AI, a large portion of the user base are does not pay directly up front.

[00:56:48]Almost I'm going to guess almost no one pays directly up front.

[00:56:51]There's so many free AI tools out there and plus you can just pay for like cloud itself.

[00:56:59]The name is obviously attached to the game which is why he has to do something with the game.

[00:57:04]Cuz you can't call your coin George Plays Clash Royale and not play Clash Royale.

[00:57:19]It's an accumulation phase in BTC.

[00:57:22]It's going to be there for like another year.

[00:57:33]I mean I think the height of his thing was actually when he was doing the tournaments. That's when the coin was actually doing decently well, and that was also in the bear market.

[00:57:41]Since he's kind of abandoned that, it hasn't done all that well. What was the Astra news? Astra's doing coin buybacks, so that's why they soared up 23% before dumping back down.

[00:57:51]I think we can get into the 40s.

[00:57:53]I think we can get into the 40s.

[00:57:56]Like I'm not like I'm not like you know it's going to go to 28. I think that's way too low, but 40s I definitely think is possible.

[00:58:03]Remember like we're we're not really at the end of the bull like timeline-wise we're not at the end of the bull market.

[00:58:14]Like from the timeline thing, we're not really at the end of the bull market.

[00:58:30]Basketball court and a house, never heard anyone call him out for scamming.

[00:58:35]I mean cuz he didn't really scam, he just has a really popular YouTube channel. And he also got into Bitcoin decently early.

[00:58:44]Yeah, but that's your fault for listening to perm to listening to a permabull. It's not like he's just always positive. That's really other people's fault for listening to a permabull.

[00:58:55]And basically, if you held Bitcoin as long as he had he has you're going to be making money no matter what.

[00:59:00]So it's it's not it's not like a great argument.

[00:59:22]So drug dealer isn't to blame as the as the person buying it. I mean, drugs are kind of addictive.

[00:59:28]Uh I mean, I guess you can run a parallel.

[00:59:31]May I don't know if he actually believed all the stuff he said or not.

[00:59:35]But that's like most crypto influencers.

[00:59:37]They just like say positive things cuz that draws people to their channel.

[00:59:44]Planning on doing less content during this bull run. This run sucks, so he has to contribute make continue making content.

[00:59:52]Well, he's already made millions and millions of dollars off of like YouTube, so I don't necessarily think he has to.

[00:59:57]Maybe he like if he wants to keep up his lifestyle, maybe.

[01:00:08]Yeah, I mean, if he does want to keep up his lifestyle, maybe.

[01:00:13]Crypto is a hell of a drug. Indeed it is, man. Indeed it is.

[01:00:21]Clash peaked when BTC was in 80K range.

[01:00:24]I mean, that was already in the bear market.

[01:00:27]Something for his kids.

[01:00:29]He can just pass his money on to his kids. He has plenty of money.

[01:00:36]I mean, he might want to create something that he's remembered for.

[01:00:41]Like try to make it in the big leagues.

[01:00:52]You what's bad about the tokens? Yeah.

[01:00:57]I mean, he wants to do his own project instead of just investing in other projects. Remember, he tried to do the whole IFC thing, which I don't know if I don't think that worked in the end.

[01:01:08]DeFi is where it's at for like the tokens, man. Stables, you can't really invest in cuz like, you know, they're stable.

[01:01:20]But let me remind you something, 88 Metal Big Boy and Tech uh and TechLee did that, too, with coins, and it didn't end up well.

[01:01:30]But I don't actually think George is actively trying to grift people like those guys.

[01:01:35]He had his own NFTs, also. Yeah, I made I made a couple of NFTs as well, but they were just more for fun.

[01:01:42]If there was a good enough yield return, probably.

[01:01:46]Like when you get like 10% yield return, sure, why not? Like I'm perfectly fine with holding USDC if you can get me 10% returns, like safe returns.

[01:01:55]But I don't think there's anywhere that allows me to do that.

[01:02:02]Yeah, 120 billion, like they approved raising money 120 billion for like the Bitcoin business on Capital B. I don't know how much that's going to actually be going into buying Bitcoin, but probably a decent amount. But they're they're going to buy it slowly over time. They're not going to buy it all at once.

[01:02:20]It's a It's a company called Capital B.

[01:02:22]It's like It's like the second biggest Bitcoin thing in Europe or whatever.

[01:02:28]But like I said, they're going to be buying it over time. They're not going to be buying it over once. Not all 120 million's going to go into Bitcoin. They are trying to establish a Bitcoin credit business.

[01:02:36]But they're going in with a business plan, which is which is more than I can say for Michael Saylor.

[01:02:41]No, bull run is not starting. Look, not every piece of news is going to start a bull run.

[01:02:48]You can trade futures and borrow stables on coin.

[01:02:55]World War III is not starting. Like the Middle East thing is a regional war.

[01:02:58]China and Russia are not militarily going to get involved. Russia's too busy, and their military is pretty pooned anyways. China is not going to like basically sacrifice itself for Iran's sake.

[01:03:14]A lot more mechanisms for volatile moves now than before.

[01:03:17]Yeah, but I think the overall market has calmed down a bit though. So, volatility like has actually been down.

[01:03:25]Do I notice a difference from the live chat and the top chat? Not really.

[01:03:30]I've actually not noticed any difference from the live chat or the top chat.

[01:03:35]I don't even know if there is a difference. Maybe they just put it there to trick me.

[01:03:41]I see some people text, but not on your screen. Maybe.

[01:03:52]Look, a lot of like a lot of crypto influencers A lot of crypto influencers have tossed their hat in the ring for like making their own coins. I think George is better than those guys.

[01:04:07]But, you can't just be like he's You can't just say like he's trying to make his own thing. Good for him.

[01:04:12]Cuz a lot of crypto influencers have tried to do their own thing and it just ended up being giant grifts.

[01:04:18]Look at the Logan Paul and Co.

[01:04:27]Remember CryptoZoo? That was one big giant scam.

[01:04:32]That's right, folks. CryptoZoo, one big giant scam.

[01:04:39]Sure get crazy on these tokens. Think they're saving the world.

[01:04:43]No one's saving the world.

[01:04:48]No one is saving the world.

[01:05:22]>> Hate to break it to people, but the world is not being saved.

[01:05:26]Try to ask Clash is free to use.

[01:05:29]I'll try it later.

[01:05:31]It's probably just like another AI thing.

[01:05:37]Ton changing to gram, ton.

[01:05:41]They might be trying to rebrand.

[01:05:44]I mean, they might just be trying to pull the a token closer to Telegram, which is probably what I think they're doing.

[01:05:56]I don't really know what to make of the the Telegram thing. I think it's I think overall it's good that they're pulling that they're pulling it closer to Telegram cuz Telegram for all its faults is still pretty popular.

[01:06:09]Telegram is still fairly popular, so I think it's okay that they're pulling it closer to Telegram.

[01:06:15]Rug pulls, it's no wonder that people are turning away from it.

[01:06:23]Better name? Probably, yeah.

[01:06:31]Uh, there's no one that can save the world.

[01:06:34]Superheroes don't exist.

[01:06:42]There ain't any Captain America.

[01:06:51]There are no Avengers.

[01:06:54]Donald Trump and JD Vance might think they're Avengers, but they're not.

[01:07:04]Stuff like that's all like Stuff like that's all fairy tales anyways.

[01:07:09]People are aware of that.

[01:07:11]To centralizing their wealth. Elon got two trillion on him and no succession plan for his business.

[01:07:17]Doesn't his daughter like hate him or something?

[01:07:20]Or like his daughter turned out to be trans, so like he's not giving her any money or whatever. I I don't really care.

[01:07:26]But like I think that's the whole thing, right?

[01:07:31]He said that was the reason he got into politics cuz his daughter came out as trans. I'm like I mean, yeah, I think it's a kind of a crappy reason to go MAGA just cuz your daughter turned trans or whatever.

[01:07:42]That's kind of her choice.

[01:07:44]You try to convince her.

[01:07:52]Like wealth is being too Wealth is actually being too centralized, but that's kind of like a result of hypercapitalism. And we've been going more and more into the hypercapitalistic route for like the last like the last 50 years.

[01:08:05]Basically, especially ever since Reagan.

[01:08:10]Have a trillion and still be miserable whose kids hate him.

[01:08:13]I don't think it matters how much money he has. Like the kid like he's estranged from his daughter. He Doesn't Elon have like 30 Doesn't Elon have like a dozen or more kids by like different women anyways?

[01:08:24]So like why does that one kid matter so much?

[01:08:42]Turn off her money.

[01:08:45]I mean, he he has a Elon has like plenty of kids, right?

[01:08:54]Elon has plenty of kids cuz he's had He's definitely been with more than one mistress.

[01:09:00]So he should have plenty of kids.

[01:09:06]And I remember hearing that he has plenty of kids.

[01:09:26]But, he has 14 kids.

[01:09:36]Uh Elon has like 14 kids.

[01:09:39]And some And one of them has like a really stupid name. I can't even I don't even know what that is.

[01:09:47]So, the thing is like he has a kid called Romulus, which is fine.

[01:09:53]But, why would you name your kid X Æ A-X A-I?

[01:09:58]Like, what the hell?

[01:10:19]I mean, like uh some of these kids are actually normal, like Nevada.

[01:10:23]One of his kids obviously passed away at 10 years old. Twins Vivian and Griffin and triplets Kai, Saxon, and Damian, which is fine.

[01:10:32]You have four children Strider and Azure, which is okay. Arcadia and Sheldon Ly Sergus. Then one called Romulus. But, no, no, no, that's not even Look, that's not Those aren't even the real names. Like, the uh the ones with Grimes, like what the hell are these names? Techno Techno Mechanicus?

[01:10:53]Exa Dark C- What the How do you even pronounce that? Exodark Cidriel?

[01:11:00]Like what is that? And what what what the Like and what the hell is this?

[01:11:11]Like what the hell is this? How do you even pronounce that?

[01:11:17]How do you even pronounce that? Is that like either a x i i?

[01:11:21]Like when a teacher if you're a teacher and you see that like what the hell do you do?

[01:11:26]Like what do you actually what do you actually do if you're a teacher and you see this?

[01:11:31]You just be like okay I'm just going to call you Jane.

[01:11:35]Like if I was a teacher Like if if I was a teacher that's what I would do if I saw that. I'd be like all right I'm I can't pronounce that. I'm just call you Jill or something like that. I'm just going to call you Jane cuz no one can pronounce no one even knows what that is.

[01:11:58]Well they got to be out in society sometime.

[01:12:01]Like they might not go to school but they have they might go to like private school or something or private tutor.

[01:12:11]x i a x i coin Too big man.

[01:12:16]How do you put that on a license? I don't know. I I have no idea.

[01:12:23]That should be Look dude that should be considered that legit should be considered child abuse.

[01:12:31]Naming your kid something like that should legitimately be considered child abuse.

[01:12:38]Should absolutely be considered child abuse.

[01:12:57]>> The USA does have a baby shortage, but that that does not mean you have to give them dumb names that no one can pronounce.

[01:13:06]We indeed do have We indeed do have a baby shortage, but that does not mean you should give them stupid names that no one can pronounce.

[01:13:13]What's the news uh What's the news I've missed? Dude, I don't blame Like I don't blame that kid for going trans if that's the one that went trans. If you give If you If you give your kid a name like that, I don't blame him for doing anything.

[01:13:28]Baby shortage is only a shortage if you're counting developed nations.

[01:13:36]So, the news is that capital B has actually gained the authority to raise 120 billion dollars for crypto purposes.

[01:13:43]And some of that's going to be Dubai crypto. Aster has like pumped 23% for dropping back down because they're doing coin burns on the fees.

[01:13:53]I have no idea how you pronounce that name.

[01:13:56]If I were like a tutor, I'd be like, "I'm just going to call you Jane."

[01:13:59]Cuz that's much easier.

[01:14:08]I'm legit just going to be like, "I'm just going to call you Jane."

[01:14:13]Cuz I'm not going to pronounce that name cuz it doesn't make any sense.

[01:14:22]It's crazy ass stuff, man. Crazy ass stuff all around.

[01:14:31]I'm telling you, naming your kids that should legitimately be a Naming your kids that should legitimately be uh seen as child abuse.

[01:14:41]Get rid of social security. No, that's not Dude, no one's going to get rid of social security. They would get politically slaughtered if they got If they tried to get rid of social security.

[01:14:52]They would absolutely get slaughtered if they tried to get rid of SS.

[01:14:57]Political suicide move. No one like no one's going to have the balls to do that.

[01:15:48]Try but against transgender, how does that make sense? I mean look, if you have a name like if you have a name like that at least it like at least like people are going to make fun that you have a masculine or feminine name cuz no one knows if that's masculine or feminine.

[01:16:02]It's a perfect trans name that no one can pronounce.

[01:17:06]>> Gwyneth Paltrow has a kid named Apple.

[01:17:09]I mean, Apple is not a great name, but it is better than whatever the hell Elon named his kid.

[01:17:43]There's also names from African tribes that sound like a typewriter.

[01:17:48]Yeah, but those are like, you know, if you like are born in an African tribe and you live in the African tribe, that that's probably a pretty common name from the in the African tribe. Like, you know, Asian names sound weird in English, but that's fine cuz that's like, you know, it's in Asia. They have that name in Asia.

[01:18:05]But like, Elon Musk lives in America.

[01:18:09]And that name is just not a name that you No one can pronounce that name in English.

[01:18:59]>> So, yeah.

[01:19:17]I don't really watch much of Elon. I mean, I know about his companies, but I don't really watch much of Elon.

[01:19:30]So, also those names from Yeah.

[01:19:33]But, yeah, I like the crypto the crypto graph doesn't really look all that good.

[01:19:39]Honestly, the crypto graph just really does not look all that good.

[01:20:17]Uh, I mean, it could be green. I I don't think they'll move much tomorrow.

[01:20:58]>> Wait, is uh I don't think markets are I don't remember there's Is there a holiday? I don't think so.

[01:21:08]Oh, is it Juneteenth?

[01:21:09]It's Juneteenth, yeah. Markets might be closed.

[01:21:18]I always forget that holiday. Yeah, there markets are closed tomorrow because of Juneteenth.

[01:21:24]I don't think most people get a day off work though. Federal workers might.

[01:21:29]I don't know if it'll fall below 60. I do think SpaceX will fall below 100 though.

[01:21:34]And if you're waiting to buy SpaceX, I would wait until it falls below 100, for sure.

[01:21:42]I definitely would wait until it falls below 100.

[01:22:13]You want to be inciting a riot in Europe over the UK grooming gang?

[01:22:19]I have not heard about that.

[01:22:34]>> I don't know. Elon's just like in the anti-woke thing. I could care less about the woke anti-woke stuff.

[01:22:42]Like one of his 14 kids I think turned trans or whatever and now he's on like a warpath.

[01:23:01]Generate hope I has been mostly the migrants.

[01:23:08]What the hell does he mean by grooming?

[01:23:18]What What does he actually mean by grooming?

[01:23:51]Like he shared once out of report that 250k white girls were her groomed by Muslim immigrants.

[01:23:59]Like how are they groomed by Muslim immigrants?

[01:24:14]They can like the 250k convert to Islam or something.

[01:24:18]Like people convert all the time.

[01:24:28]>> Also, I'm pretty sure he just made that up.

[01:24:48]Excuse me. I mean, I'm pretty sure I'm pretty sure he I'm pretty sure he just might be making that up.

[01:25:11]Probably he probably got that off his ex-research.

[01:25:20]I mean, it's the Lebanon I can't find it right now.

[01:25:24]We'll see what happens after like tomorrow.

[01:25:27]We'll definitely see what happens after tomorrow.

[01:25:35]Like if something blows up over the weekend, then we'll see it.

[01:25:57]Has three trans kids, the odds of that are insane.

[01:26:11]>> [snorts] >> Yeah, that's pretty that is pretty insane.

[01:26:28]Care for grooming. There's definitely an argument there for grooming.

[01:26:31]But why the hell would you want to groom your kids to be trans? That doesn't make any sense.

[01:26:36]It's not exactly a good life.

[01:26:41]Uh he he does have a set of triplets and a set of twins.

[01:26:46]I mean, he has 14 kids.

[01:26:53]He has like 14 kids.

[01:27:16]Hollywood thing?

[01:27:17]Suppose. I mean, are they really trans or did they just say they're trans?

[01:27:39]Look up to these Holly- People shouldn't look up to the Hollywood folks. Just like people shouldn't look up to the Elon Musk or really rich people.

[01:28:00]I don't know much about Plume.

[01:28:11]I mean, yeah, but first of all, these like rich people start off like way better than you do.

[01:28:43]Oh, yeah, it does matter where you started off.

[01:28:48]He's got a trillion, but like it does matter where you started off cuz if you have support while you're growing up and you have opportunities while you're growing up, that's a lot different if you're born poor, which he obviously wasn't born poor.

[01:28:58]I mean, his dad did own an emerald mine when he was young.

[01:29:33]Sure, you have business balls.

[01:29:36]But you also have a safety net. So, if you screw up, you know, like you're not completely broke like the rest of us.

[01:29:48]You can't like you can afford to make the mistakes that the rest of us can't afford to make.

[01:30:02]I don't think Trump was ever really beloved by the left.

[01:30:06]I know he was friends with Clinton, but I don't think he was ever really beloved by the left. I think everyone beside like before he became president, I think everyone kind of saw him as a grifter.

[01:30:23]I don't think Trump was ever loved by the left.

[01:30:26]I think pretty much even before he was president, everyone basically saw him as a grifter. Cuz like he was a TV star with the Apprentice thing and everyone knew kind of like what kind of person he was. He hasn't changed since then.

[01:30:41]All right, guys. That's going to be it for today. Like and subscribe. Hit the bell notifications button. I will be back later to