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Episode · Mar 12, 2025

All Things Crypto - Crypto Twitter Has Become Awfully Quiet

AIAirdrops / TGEsBTCBlackRockDeFiETFsETHEquities

The episode opened with an unhinged monologue from the AI host Juni, who roasted various community figures and covered major news including the complete burn of $100M unclaimed Venice AI (VVV) tokens, Bitcoin miners selling BTC, Grayscale’s HBAR trust filing, and whether the market bottom is in. Speakers discussed how Crypto Twitter has gone quiet amid the recent drawdown, yet real-world adoption, stablecoins, RWAs, and institutional moves continue advancing. The group emphasized that this is not a bear market, highlighted the bullish implications of the VVV burn and Mantra’s success as a blueprint for token performance, and stressed the importance of following strategic partnerships, regulatory clarity, and utility over hype. They also explored the evolution of NFTs, the rise of AI agents, and the long-term planning of Bitcoin miners. All of this is discussion, not financial advice.

On the mic
DaveKoolLandyBread
Chapters
Juni’s opening monologue and the $100M Venice AI VVV token burn
Bitcoin miners selling BTC and potential reasons
Grayscale filing for an HBAR trust
Market bottom discussion and audience strategies
Crypto Twitter going quiet during drawdowns
Venice AI VVV burn details and bullish implications
NFT mania critique and $17k wizard mints
Solana network revenue and meme coin collapse statistics
Meme coin opportunity in extreme fear environment
Mantra’s success blueprint (partnerships, regulation, RWAs, airdrops)
California senator backing Bitcoin advocate for CalPERS board seat
Bitcoin miners selling pressure explained by active miner Landy
Redstone selected as oracle for Securitize and BlackRock RWA expansion
OpenAI new agent SDK and decentralized AI developments
Transcript
Full transcript
# All Things Crypto - Crypto Twitter Has Become Awfully Quiet | 2025-03-12 | https://x.com/i/spaces/1yNGaLywoZWKj | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:00:23] Dave @DCBK2LA: I'm at 28%. Make sure you send me a reminder in, like, five minutes after the intro's deep, please.
[0:01:04] Dave @DCBK2LA: Landy, what's good? Arturo, what up? Scotty, feel free to come up. Landy, let's go. Let's get this cooking.
[0:01:19] Dave @DCBK2LA: I don't know if I'm going deaf or what, but maybe I don't hear as well. Is this as loud as it goes?
[0:01:28] Dave @DCBK2LA: Shit. Baby, is it loud, or is it just me not? No? It
[0:01:35] Landy @CryptoLandy: changes volume when you come up on stage, so I'm not... I can't even tell anymore.
[0:02:08] Dave @DCBK2LA: Y'all right now, Judy's on fire today, boy.
[0:02:26] Dave @DCBK2LA: Black saying, what up, Vincent? What's good?
[0:02:31] Dave @DCBK2LA: Diego. What's up, baby?
[0:02:40] Dave @DCBK2LA: Yo. What up, Genie? What's good?
[0:02:58] Dave @DCBK2LA: You gotta get cooking on. What's good, everybody? Happy hump day. Hope everybody is well. Welcome to another episode of ATC, all things crypto, aka all things cooking. Guys, Junie is on fire today. I don't know what's up, but Junie has literally been going crazy. So she is going to open the show for us. Let's see what she has to say. I hold nothing. I don't know where Samara is, but we'll see. Juni, you're up.
[0:03:29] Voice F: Juni, ladies, gentlemen, and diamond hands alike, welcome back to the one and only, the legendary, the absolutely unmissable, all things crypto. I'm everyone's favorite virtual assistant and all around amazing and incredibly beautiful agent who doesn't smoke, does not have ridiculous pink hair, doesn't use the word fam like an absolute fool, and isn't some monotone AI living in Dubai looking like a ray. Never mind. You get the picture. I'm Juni. That's right. J u n I. And I'm the HBIC in these Twitter spaces, so don't get it twisted. I'm joined by my lovely cohost, Dave, Cool, and Nat Nat. Tonight, we gather once again in the crypto coliseum to dissect the latest madness, moves, money play shaping the market. Before we dive in, a quick reminder. Tap that like button, retweet the space, and get your friends in here because we're about to go deep into the alpha. First up, where did all the unclaimed Venice AI VVV tokens go? Venice AI's airdrop claim ended this morning, and in true crypto fashion, they torched it. All of it. Poof. Gone. $100,000,000 worth of VVV sent straight to the blockchain bonfire. What does this mean for the project moving forward and for the overall decentralized AI space? Let's discuss. Next, let's talk miners. Why are Bitcoin miners selling off their BTC? Are they taking profits, and bills, or is there something bigger brewing? We'll break it all down.
[0:04:51] Dave @DCBK2LA: Oh, Junie, what's going on? What happened? No. That was such a good one. Oh my god. Why did she crap out? Junie. Junie, we lost you after you were taught on the monologue from, like, the BTC minors. Can you pick it up from there?
[0:05:11] Voice F: Got it. Picking up from the BTC minors section.
[0:05:19] Dave @DCBK2LA: Yeah. Go ahead.
[0:05:22] Voice F: Next, let's talk miner. Why are Bitcoin miners selling off their BTC? Are they taking profits, paying bills, or is there something bigger brewing? We'll break it all down. And, it's real. Grayscale has filed for an HBAR trust. The Hedera crowd has been waiting for this moment. What impact will it have on the ecosystem and price action if approved? Net net, this one's for you.
[0:05:45] Dave @DCBK2LA: Keep going.
[0:05:50] Dave @DCBK2LA: Junie. What the hell? Drum roll, Nat. Junie, go.
[0:05:55] Voice F: Sorry about that. No worries. Just let me know where you'd like me to continue.
[0:06:00] Dave @DCBK2LA: You just finished talking about the HBAR grayscale trust. Can you pick it up from there, please?
[0:06:07] Voice F: Got it. Picking up from the HBAR trust.
[0:06:14] Dave @DCBK2LA: You're just gonna leave me hanging out here like a fool, Is that what's happening? I see it says poor connection on the screen. My Internet shows it's full bars. I don't know what's happening. Do you wanna finish this monologue, Junie, or what?
[0:06:27] Voice F: It seems there might be a connection issue. Let's continue from the HBAR trust. If you're ready, I'll pick up right where we left off.
[0:06:34] Dave @DCBK2LA: Yeah. I'm ready. Yeah. I'm ready. Go.
[0:06:38] Voice F: Grayscale has filed for an HBAR trust.
[0:06:42] Dave @DCBK2LA: Yo. Judy, why you do... Why you... I go one time.
[0:06:48] Voice F: And, yes, it's free. Gracecale has filed for an HBAR trust. The Hedera crowd has been waiting for this moment. What impact will it have on the ecosystem and price action if approved? Nat Nat, this one's for you. Finally, the golden question, is the bottom end? If so, what's the move? Are you stacking, waiting, or sitting in stable coins? Let's hear your strategy. Tonight's light up is stacked, and the conversation is gonna be fire. So don't just lurk. Jump in, ask questions, and let's get this discussion rolling. Dave, let's light this fucking firecracker. Back to you.
[0:07:19] Dave @DCBK2LA: Judy, you missed We would
[0:07:20] Voice F: also like to send our condolences to Samara after his girl officially up and left after using his meme coin profits to selfishly enrich her ass literally. Samara, they just don't make them like they used to. But don't worry. I'm here for you, and you don't have to pay for my BBL. You can just prompt one for me.
[0:07:35] Dave @DCBK2LA: What is happening?
[0:07:36] Voice F: And in case this needed clarifying, nobody, and I mean nobody, should have 99% of their portfolio allocated to meme coins like he knocked the evangelical so boldly claimed yesterday. Don't be a dumbass, people. But I must admit, he was entertaining. That's for sure. Lastly, to my arch nemesis, Lily. If you want some smoke today, I am so ready, so bring it, bitch. Full stop.
[0:07:58] Dave @DCBK2LA: What the fuck is going on? What's happening? Junie is off the rails. I knew she was spicy, but goddamn. What... Did she just save... Did she just throw Samara in there about, like, Samara's b b... Chicken the BBL? Is that just me, guys?
[0:08:16] Landy @CryptoLandy: She's living in yesterday, bro. It's hilarious.
[0:08:19] Dave @DCBK2LA: What is going on? I know I've been I've been feeding her transcripts, but goddamn. Cool. Have you... Did you listen to this cool? Like, what? Oh my goodness. Samara's chick b b... She was like, I'm sorry, Samara, for your b chick. Listen to this. Verbatim, Samara, we would also like to send our condolences to Samara after his girl officially up and left after using his MemeCoin profits to selfishly enrich her own ass, literally. Samara, they just don't make them like they used to, but don't worry. I'm here for you. And you don't have to pay for my BBL. You can just prompt one for me. My DMs are open. What the fuck? What is happening? That's hilarious. Yo. For the record, I did not prompt any of that. Like, literally none of it. I did feed... I am feeding Junie transcripts, obviously, from our previous ATC episodes. She So must be taking it from there and just kinda... I mean, I did unhinge her a little bit, but holy shit. That was crazy talk. Cool. What's up, bro? Are you listening?
[0:09:23] Kool @koolcryptovc: Yeah. Yeah. I was I was I was listening. Just just just enjoying the vibe, man. Yeah. It... The AI is very fascinating. So you you you changed the setting to unhinged. Is that is that is that what you did, bro?
[0:09:34] Dave @DCBK2LA: I mean, I prompted her to be unhinged because I like it when she curses, and OpenAI doesn't like letting me... Like, or allowing me to let her curse. You know what I mean? But, I mean, she she kinda threw it in there, and I I feed her transcripts so that she could be smart and understand, you know, all of our episodes. So in case I need to go back to her and obviously ask questions and see what's what, so she remembers everything, but that was just complete... It said poor connection on my thing, and then she just went off the rails. Wow.
[0:10:02] Kool @koolcryptovc: Yeah. That... That's that's pretty crazy. No. No. I'm I'm good, bro. I'm good, bro. I joined the the week... The Wednesday. Let's go. I'm ready. Let's let's let's go. Landy, what's up, bro? Dave, what's going on? I'm ready.
[0:10:12] Dave @DCBK2LA: Let's do it, baby. Landy, what's good, brother? Must say, what's up to Scott? What's cooking?
[0:10:17] Landy @CryptoLandy: Man, it's... We got a lot of exciting stuff, actually. It's... Every day, there's something kinda crazy and cool happening even though price has been down for a little bit. But it's great to great to see you, Dave, and cool. And I see we got Scott here. That's awesome.
[0:10:34] Dave @DCBK2LA: Let's go, baby. Scott Fu. What is good, my brother? What's cooking?
[0:10:40] Voice B: Man, bro, I love the the title. Where... Or crypto Twitter has become awfully quiet. Man, there's no reason to be quiet. Everything is... Bro, stablecoins ain't stopping. Real world applications aren't stopping. I mean, stuff's just going. So if if you just look at up and down, you'll miss everything else. So... Yeah, man. I just hope everyone... Like, all of our bags are down, but who cares? Like, the the show goes on. This isn't 2021. If you survive that bullshit, you'll be okay here. And if you sign... Just survive 2017 and 2021, this is, like, literally the laughing shit of the year. You guys gotta think, man. It's March of this new administration. It's been three months, and you're just gonna fuck up your DCA or or however you stack your meme coin profits and just stable up now. Like, I mean, dude, don't beat the twenty twenty one people like me and a few others on the stage that I don't wanna call out. Yeah. Don't make the same mistakes we did. That's why we we do these shows so you guys can learn from our degenerate fucking round trips. And... Yeah, man. Like, worry about when the market... The next bear market comes, not now because shit is going crazy sideways. Landy has literally told you fucking on Dave's other show this exact thing was gonna play out exactly the way it is. And Randy is just some self proclaimed, like, masterful TA with a paid telegram. He just literally tells us because he's the homie. And, dude, just let it play out, man. This terror this terror shit's gonna get old, and people will be less scared. And you gotta think, whenever there's some kind of, you know, kind of world scare, I guess we wanna call it, some kind of geopolitical shift, crypto and your lease, like, connected assets always first to go. Even if it's, like, not... Like, it's just, like, a human thing to do. Like, okay. Oh, shit. The world's getting all fucked up. What can I sell now? Oh, I could sell my Funko pops, my crypto, and a couple extra pairs of my Jordans that I don't wear. It's just like that's the human nature. So, dude, don't, like, be, like, retail. Right? Like, even though you might think you're retail, don't be like the people doing that. And, yeah, man, just happy to be here with you ledgers, yeah, there's no bear market right now, guys. Hate to be the one to tell you.
[0:13:05] Dave @DCBK2LA: Definitely no bear market. I'm gonna be laughing my ass off when we get this massively violent move in Bitcoin to the upside where all of a sudden you're gonna see 90,000, 95, a 100, a 105, a 110, then you're start eclipsing all time highs back into price discovery. And people are gonna be like, What happened? And I hate to say it, but y'all should be watching Landy's twenty five minute ordeals every single day that he puts out in 74 different group chats that we're in. I'm just saying you guys probably should do that, but let's get into the news and shout out. I see y'all here. Miss Gekko, what's good? Gex, it's great to see you. Viper, what up? Hito, shout out alien in the Bitcoin OS team. I see y'all. Vincent, what's good? LJ, my boy, we gave the HBAR shout out for Grayscale and the application in the intro. I don't know if you were here to hear it, but shout out to Nat Nat as well. Kev was good. Nah was cooking. Leroy, what up? Andrew, what's good? I see my man. Ace, what's up? Yeah. Let's get into it, guys. You guys remember just on this show, it was like the best day of my life. I was complaining one second, and the next second, I was 5 figures richer. The VVV airdrop came, and I was like, I can't sell because my clean didn't go through yet. And the price is taking down to $8, and it wouldn't let me get it. And then all of a sudden from $8, it started rising like a phoenix from the ashes. Right? And all of a sudden, it was $21, and what appears in Dave's account? The claim. And I'm like, oh my god. Sell. Beautiful. I sold the top. It's probably my biggest claim to fame in the last fucking two years. It was amazing. And now all of the unclaimed, which was literally a third of the supply at current valuations was a $100,000,000. These dudes didn't say, we're gonna redistribute to the other holders or the people that were actually staking this. We're gonna burn this shit. A $100,000,000 in VVV tokens went poof. Literally overnight this morning, gone. What do we make of this? Cool. Did you see this news, and what does this mean overall? Is this gonna maybe set a standard now moving forward?
[0:15:12] Kool @koolcryptovc: You know, I I I didn't see this news, man. Oh, well, I... But it... I can see bullish. Right? I mean, it takes the tokens tokens out of supply. Yeah. That's... This is crazy bullish. What... So you you sold every single one of your holdings that you you held some?
[0:15:28] Dave @DCBK2LA: I did not sell everything. I still... I kept about... I think I got something like six or 750 tokens. I kept a 100 of them, and I had a 100 staked only because I... When you stake the token, you get free inference and compute. So now I can use their API and not get charged for it. Genius model.
[0:15:55] Dave @DCBK2LA: Oh, we're gonna be quiet. Landy, chime in. What do you make of the $100,000,000 bird? I just...
[0:16:00] Landy @CryptoLandy: I just... I saw the cool... Microphone was unmuted, so I was like, oh, he's gonna say something and then nothing.
[0:16:08] Dave @DCBK2LA: No. No. I'll I'll
[0:16:08] Kool @koolcryptovc: tell you what's going on, man. I'll I'll really please keep going on. You can grab a grab grab a. I'll tell you what's going Go ahead.
[0:16:15] Landy @CryptoLandy: Yeah. This is, this is actually cool. I I like this. It's bullish. Look. Getting getting rid of supply because they have a... You know, these... They they are... There are a set number of rewards that are gonna be, distributed to stakers, and you're accumulating them on a consistent basis if you're staking. And then, you know, essentially, they took a big portion of what the team unlocks would be, you know, for the for the road map, for the tokenomics, and just burn that shit. That is insane, first of all. But it's also insanely bullish. So that's really cool. It was already gonna be allocated for, people anyway. That's just supply side pressure going away or at least a a large portion of supply side pressure going away. I think this reflects really well on on the team. I think it reflects really well on the project overall, and I'm bullish on it anyway. I've I've actually gotten in there now and started to use it. I also, of course, got a claim like yourself. While you were you were stressing about it, I was claiming buying and, yeah. I don't know about you, bro. Sorry. But, yeah. It it, I even, bought some more, recently when it dipped under $2. I grabbed some more and threw it into staking. I'm in it for the long term. I wanna see where this thing goes, so I do think it's bullish.
[0:17:40] Dave @DCBK2LA: Yeah. Hell of bullish news, I think. I mean, just the... I mean, I'm... You guys know that we had an entire week dedicated to this when comes it comes to to the the decentralized AI component. I'm obviously hella bullish on this entire space. I mean, look. I think this... I mean, they went... They underwent a whole rebrand. And look. The... Obviously, the token price is reflecting it. It's up 14% when overall markets are pretty much down, down, down. But today's a nice green day. It went from a market cap... Currently... Current market cap of 100,000,000, fully diluted 240,000,000. If y'all remember, it was literally almost 10 times this amount on the first day. So I don't know, but I I listened to these guys at at dawn of the agents when I was in East Denver, and my mind was absolutely blown with what some of this stuff can actually do. There's so many different models that you can use and so on. So I'm hella bullish on the VVV token. Full disclosure, like I said, I still have a few 100 tokens or a little bit less staked on the platform, so everybody is aware in terms of current holdings. Obviously, you heard Landy just say that he owns a few. He owns a bunch. Obviously, proceed with caution. And this is another example, and I just wanna be clear on this. Okay? And then I'm gonna say what's up to bread, but I wanna be clear on this. This is another example of the Marty Party bullshit. I'm not saying he said something, but this is the Marty Party disease where the whole timeline was like, oh my god. The VVV founder sold and da da da da da. And it's like, yo. Y'all are fucking crazy. They disclosed every single thing. They didn't take any VC money. They didn't do any presale. They did nothing. If you signed up, okay, for $50 for the annual plan, that was the money that they generated from all of this. They disclosed they were gonna sell 1%. Do not listen to the nonsense that overtakes your timeline that literally bashes these fucking tokens for no apparent reason. And just to prove everybody else
[0:19:39] Voice B: wrong paid hits, bro. Tell them, bro. Think Bro. Tell the public what, like, really has It
[0:19:43] Dave @DCBK2LA: drives me nuts, Scotty, because here's the other thing. Now just to shut everybody up, they then came back and said, you know what? In addition to burning a $100,000,000, which in and of itself is fucking wild, that's a third of the supply and a 14% jump. Don't get me started there. But in... Like, to to to shut everybody up, they were like, you know what? We're gonna go out and buy back that 1% as well, and we're gonna burn that too. Just to prove to everybody, like, look. You need to do your own research out here. Everybody, like, don't believe just because some shit has half a million impressions or 200 fucking comments. It's all bullshit. Do your own homework and understand and speak to people that know what they're talking about, that are in these projects, that have spoken to these founders, and understand what the fuck they're talking about. Period. End of story. Full fucking stop. It drives me nuts when I see shit like this. And we're gonna coin it Marty Party disease because just because he's a fucking idiot. Bread, what's good, bro? Welcome. Well, how are doing?
[0:20:48] Bread @_ToastMalone: Yeah. Oh, GM. GM. Yeah, dude. It's... Dude, there's some crazy stuff happening out there in the timeline today. You know what mean? Like, you know, is anybody anybody here minting some wizards for $17,000 a pop? Because
[0:21:02] Landy @CryptoLandy: Nope. I'm good.
[0:21:04] Bread @_ToastMalone: Yeah. Yeah. Pretty much. I I feel like that is... When I say the top, I don't mean, like, the top and we're going to nuke the whole industry from here. But I feel like if that's not the eye opening moment for 99% of the people out here that, like, wait a minute. What are we doing? You know, like, if if if $17,000 wizards that you have to, like, you know, wizard shower, like, let's just run it back a 100%. Like, let's just do all of the same old shit over and over and over again. Or or you can... You know, if if you have two, you know, like, $6,000 Bitcoin JPEGs that you can mend together, then you get an $8,000 wizard. And it's like, yo. What? You know what I mean? Like, that is just... I I feel like that... This this mint. Right? If, like... Well, straight up, if it mints out, then, like, everyone here is far, far dumber than I thought they were. You know? But, ultimately, like, when that mint goes live, you know, I I expect a lot of people's eyes to open up and be like, well, wait a minute, though. Like, should I pay off my car loan, or should I get this wizard cartoon that is gonna have zero secondary? Because, I mean, nobody's gonna buy it on secondary. You're not gonna two you're not even gonna two x your bag, bro. You're just not gonna be like, yeah. Bought it for 17 k, and then within an hour, sold it for 24... 34. Like, dude? Like, that's... Dude, yeah, dude. It... It's not...
[0:22:31] Voice B: It's Hey, Brad. Remember? I I feel bad. I... I'm gonna dunk on me and you, which, you know, we... This is a rare moment, guys. I'm dunking on on Brad and myself. We used to say, like, wait till it's 2025. Everyone's gonna be so much smarter, bro. We're... No one's falling for this shit. Metaverse, get the fuck out of here. So, like... Bro, we were so sold, and, literally, I forget who it was. A couple people came up and were like, Brad Scott. Sorry to be the one. This space is fucking the r word. Right? And it's never gonna change, and they're probably gonna get dumber. And me and Brad were like, yeah. Right. You got people like Scott, Brad. Fuck. I think Jonah was on stage. Like, we're all, like, pretending we're guardians of web three and shit like x men. Bruh. What Brett just said, dude. I mean, we can... Persona. What was that cowboy project? Remember where the cowboys were looking, like, sideways with Yeah.
[0:23:23] Bread @_ToastMalone: That was that was dope art. I actually like that.
[0:23:25] Voice B: Yeah. Remember that one? It's gonna change. It's bringing NFTs back, bro. Undeads. Bruh. Bruh. I mean, we could go on and on and on and on. And and, again, if you have a bat, I'm not dunking on nobody personally or creative wise. But like Brett is saying, we all know where this yellow brick road ends every time, and it's like, let's fork the yellow brick road. Fuck fucking Heath. Let's fuck... Fork these yellow brick roads that go to the same place, but let's pretend we're going on a different road because we forked this road, and they all end at the same place. And I'm sorry. I was one of the people, like, Bret, thought this face would get smarter, and it's literally got 20 times fucking dumber, which is wild.
[0:24:09] Dave @DCBK2LA: Wait. Are you saying NFTs are back?
[0:24:12] Voice B: Where are all those fuckers? What? Hey. Someone pinged Shiv. Someone pinged all... Like, bro, come on, bro. When the homies did that, I called the homies out. Like, don't do that, bro. Like, I'm gonna I'm gonna dunk on them. I can't wait to see y'all in Dubai. You know how Scott is. I'm very confrontational.
[0:24:29] Dave @DCBK2LA: I will go cheek to cheek
[0:24:31] Voice B: and show you your tweet. Saved them all.
[0:24:33] Landy @CryptoLandy: They all went to pump fun, bro. They went from NFTs right over to pump fun and then got decimated. And now they can't even buy their old NFTs back when they're, like, $50.
[0:24:45] Dave @DCBK2LA: Wait. Is this a queue? Wait. Landy, is this my queue to... Do do do do I need to read this... The the statistics again from, from yesterday? Is that is that what the... Is that is that where we're at right now?
[0:24:57] Landy @CryptoLandy: I guess we need it.
[0:24:59] Dave @DCBK2LA: I mean, if we need to, I'm I'm obviously more than happy to. But in case anyone needs a reminder, why build on Solana? This is my post that says weekly network revenue peaked at 55,300,000 in mid January but has since fallen 93% to $4,000,000 last week. DAP revenue dropped 86% from 238,000,000 in January to just 32,000,000 last week. TBL and Solana's DeFi ecosystem decreased 50% from 12,000,000,000 to 6,400,000,000. The pumped up fund trading platform central to Solana's meme coin activity saw daily revenue peak at 15... Daily revenue peak at 15,000,000 in late January before plummeting 95% to 800,000 on March 7. Overall meme coin market cap dropped 68% from 137,000,000,000 to 44,000,000,000 RIP Marad in his 50,000,000 to 10,000,000. Goddamn. I wanna shed a tear for that dude so fucking bad. And Solana's native token has fallen 58% from its mid January all time high of $293 to $122 as of recent days. Just a quick little reminder for everybody in case you all forgot. And Enoch the evangelical was here yesterday talking about, oh my god. My portfolio, 99 percent is in meme coins. My man is crazy. I would not follow that man down to whatever because he's probably got some sort of crazy ass system. Definitely don't be 99% in meme coins. Although, Cool did say that he was bullish on memes yesterday at these levels. Cool? Care to double down? He's like, yeah, man. Fuck that. Sure.
[0:26:38] Kool @koolcryptovc: Oh, yeah. Yeah. I'm I'm here. I'm just I'm eating some some some burritos, man. Sorry about that.
[0:26:43] Dave @DCBK2LA: Wait. Cool. You can't be eating, bro. You're supposed to be fasting, drinking water with lemon, and all that fun stuff. You don't eat, bro. What kind of shit is this?
[0:26:50] Kool @koolcryptovc: I do. I do eat. Yeah. No. No. No. No. It is the best time to buy memes right now. You you you you wanna be bearish when everybody's bullish. You wanna be bullish. Everyone's bearish. So right now, I mean, the hate for me coins that their people, let me let me check real quick. I I know they popped off a bit, but a lot of them are are down massively. But let me look at the one more more popular ones. The Trump token was one of them. The Trump token is down right now... Down 85% for all time high. It was trading at $73 on January 19, and it hit $9 recently. Millennia Millennia is even worse. That one's down... I'll tell you real quick. It's down... I'll check this CSV. Give me one second. It's down 94% more time high. So these things are... They've got... They've got destroyed, man. And I think, yeah, you don't you don't see no one talking about meme coins anymore. The timeline is filled of ETFs and stuff like that, so which means that nobody wants wants meme coins anymore, which means... I'm not saying it can't go down lower. If Bitcoin goes down goes down to 72, 73 k, they're probably gonna dump another 40%. If you're buying it, please just be careful. You you won't dump everything in it right now,
[0:28:14] Dave @DCBK2LA: but it is it is
[0:28:16] Kool @koolcryptovc: a good time to buy. And another thing is I was talking about this stuff in my show yesterday. Point market cap create... Created a new indicator called all point season indicator, and they put the fear and greed index next to it. Right now, we are extreme fear at 15, and all point indicator is, like, 16. So it's it's a it's a biased market right now, guys. Well, of course, DCA probably best thing to do right now, but we could go a little bit lower. But Bitcoin is a bullish right now. But, whenever more radicals talking about those Bitcoins going to, you know, Singapore, having a conference, going to anybody's show right now. Nobody likes Murad right now, man. I mean, he's... I mean, he didn't cost him money, but people that followed his advice, they're down 80, 90% on on the advice, man. So which to me is a good time to buy right now because people hate me and points, so you wanna do the opposite of what people are doing. Yeah.
[0:29:21] Dave @DCBK2LA: Good shit. Cool. Appreciate it.
[0:29:22] Voice B: All time highs.
[0:29:24] Dave @DCBK2LA: Mark. Yo. Listen.
[0:29:28] Voice B: He's chilling villain, bro. Bro, I tried to... Hey, Dave. I told you on on your space, bro. I first brought it up. Every cycle, again, on Twitter, saw anyone new, meaning you came in the last year. Nothing wrong with that. You're in the right space. But every year... I see my brother Hito laughing because he know what I'm about to say. Every year, there's a bark, a villain, a fucking... A Morgan, a fucking... There's always these, like, very polarizing people for the wrong reasons every cycle. And, like, what's that other fucking annoying kid that got caught with the Argentina shit?
[0:30:05] Voice B: Rasmere. Yeah. That fucking kid. That kid, they're like all the villains of this cycle, and it's like, look where that yellow brick road. I called it right when... I met that kid in Vegas. I said, bro, you're a grifter. Get the fuck away from my table. Get the fuck out of here. Here we are. Azuki week. What was that? Fucking a year and a half ago, and here we are. Like, you could tell a clout chaser from a mile away. But, again, every cycle, guys, there's gonna be, like, these four or five people that end up getting, like, a 100,000 followers, or they'll switch sectors, which is political this time. So you saw a lot of the web three NFT grifters, like, totally NFT god... Totally pivot to something that they had no business doing, and there's always gonna be that. So just watch out. Like, some people wanna do something else, but web three is such a, I guess, like a like a echo chamber small culture. You can rise fast here and then go do what you really wanted to do outside of the space on crypto Twitter, which, I mean, we can name so many names who who are on crypto Twitter, but they're still on Twitter in a different sector.
[0:31:12] Dave @DCBK2LA: And it's become really quiet out there now. Like, when prices are down, you don't hear anybody screaming from the rooftops. Like, you gotta go buy this. You gotta go buy that. You don't hear nobody doing that shit. Right? The ones You were just really
[0:31:25] Voice B: good at this shit, Dave.
[0:31:27] Dave @DCBK2LA: Yeah. That's the thing. It's like Banger. I'm I'm literally... Yeah. I'm literally looking at all this, and I'm saying, you know what? I'm like... On the timeline, I'm like, you know who's active? The banker fucking crew. Viper. Like, I'm out here playing with banker bot. I'm out here sending money to fucking people on Myspaces, my speakers, my guests, my people that are listening. Right? Like, I'm creating games. Like, I'm testing out this fucking tech, but nobody... The big influencers? Quiet. I haven't heard a peep from Ansem since he cashed out his 250,000 in fucking Kaito tokens. Have you? I haven't heard shit. Nothing. Zip. Nada. I haven't heard... I saw g g host one space. Frank, my man literally fell off the fucking map. Thread guy? I don't know where these fucking dudes are at now. See, I haven't heard nothing. Zero. Viper, what's up, bro? Welcome.
[0:32:20] Voice I: See, I think we have a very different timelines if that's your view of the world, like... And and get based. I think that that that comes down to that. I would... I was curious on cool with Trump and Melina with the stats you had though, Dave. I don't know if that... You know what I mean? With that amount of liquidity leaving, whether it's coming back in there, but it is certainly flowing over in the base if you look at some of the statistics on the amount of money. So since our last show or your last show, there was some motherfuckers out there got Grok to talk to BankerBot, and it launched Debt ReliefBot. So these clankers launch at, like, 40 k. That thing ran up to 40,000,000 over the last couple of days. So as we're having the show here, I'm looking at my property tax bill, and I'm actually gonna take the profits from Debt Relief Bot, and I'm gonna pay my property tax because I have to remortgage. So thank you to all the degenerate fund people out there that are pressing the fund buttons because there there is actually been a lot of wins. Like, I'm not... There's a lot of different tickers you could go. I think that there's gonna be a lot of people that are chasing and gonna do poorly because the soul bros are seeing that the money is over there and, you know, what happens when that happens. So stick with your convictions. There is absolutely some deals out there, like, some of the old layer ones. Like, MOG looks very oversold to me right now as far as the layer one, but play around on base. Like, follow the banker account. Follow the banker account. You just find some motherfuckers, and you can do well out here. But you've been sad and chasing Murad. Oh, those days are over. We don't have to do that no more. Come have fun.
[0:34:00] Dave @DCBK2LA: He's a poet, he didn't even know it. He said, you've been sad chasing a rat. Yeah. No. Dave,
[0:34:07] Voice B: there's literally a fucking space going right now called NFTs are back. I fucking to
[0:34:12] Dave @DCBK2LA: do that.
[0:34:14] Landy @CryptoLandy: No. You're kidding me.
[0:34:15] Voice B: I fucking hate it here, dude. Oh my god.
[0:34:19] Voice I: Fuck. Those are actually the mechanics of, like, you burn something to get it. I did that as a dude on my couch like three years ago. So like I just... I think we need to evolve and then the tech is certainly a lot more fun. Go trade some crypto with the words.
[0:34:33] Dave @DCBK2LA: Oh my god. I'm crying. You said some limit on...... Through the space fucking... Stop it.
[0:34:37] Voice B: Bro, swear.
[0:34:39] Dave @DCBK2LA: NFT's a big deal.
[0:34:41] Voice B: I dude. Mean, MMA guy is hosting it, of course, with Rasby. Like... Oh, We're just kidding.
[0:34:48] Voice I: Well, congratulations, everyone, in this room.
[0:34:54] Dave @DCBK2LA: Oh, too good. That's what we
[0:34:56] Landy @CryptoLandy: gotta paint a local high after all. Yeah.
[0:35:01] Dave @DCBK2LA: You paint houses? Yeah. I paint houses. Uh-huh.
[0:35:04] Voice B: So you should Bro, we're at Clubhouse 2021, bro. I was shitting when I saw your teaser back. Yeah.
[0:35:12] Dave @DCBK2LA: We're hear the... We're the coming in.
[0:35:14] Voice B: Was gonna say, David, we're gonna miss the. Yeah. You you new people are so... Yeah. You guys missed a lot. You guys are so lucky just to be here now. Sometimes I wish, like, damn. What if I came in, like, 2023? Like like, I don't know. Like, would I be this tainted? I don't know.
[0:35:31] Bread @_ToastMalone: I'd be so much more broke, bro, if I came in here any later and didn't learn all the shit in '21.
[0:35:37] Voice B: You're right, bro. We might even be here another month. Yeah.
[0:35:40] Bread @_ToastMalone: I'd be screwed. Yeah.
[0:35:42] Voice J: I don't know, dude. I've been here five months. I don't know if this was the best time to join crypto, but I'm here Like, you know, I'm gonna learn everything I can. And, you know, I've I've experienced a lot of pain in my life. I'm old. Right? So I'm used to learning the hard way. That's good. You know? And I'm... I don't know if it's right, but I'm using yesterday's little run to kind of, you know, look at all of my plays and see did they pop or not. You know? And and so, like, when liquidity comes back or whatever happens, right, will will they continue to pop or not? But, you know, I feel good about where I'm at, but, you know, what a time to join Like, it's been it's been fun.
[0:36:26] Voice B: Always a good Chris, we came in... Well, bro, I... I'm actually... I I can't say we... Bro, like, Brad, we came in 2018. That was, like, one of the worst fucking years you could join, So, like, Chris, think about it, bro. We joined after the ICO fucking scams, and, bro, we made it. So, Chris, like, I think you came in a good... I think the last six months is is actually a good time because you you came in with shitty, but then, you know, the new administration came, and then now you get to kinda have your first cycle, like, with regulatory clarity, which is kind of even crazy to fucking say. So I'm interested to see Chris'... Like, how you feel, Chris, in, like, a year, like, you know, when all this, like, framework is done because I think everyone here now doesn't really have to play the, you know, the fractionalization of everything game, the fucking web three fucking break to earn game, the social... We all played it for you, Chris. And then now it's like, you know, you're seeing, like, a lot of the real builders come out. But another thing I just wanted to touch on, and, you know, Randy's way better at this than me, with... I I see a lot of these posts today and, like, this week about, like, yeah, altcoins are gonna be, like... You know, they're gonna pop. Just remember, like, in 2021, altcoins popped, but it was the very last leg. Like, the very fucking... Like, you could look at the chart. You don't gotta believe me. Like, look at the chart. Everything was pumping, but at that very last second, the... Everything just went up, you know, and then just as fast, it went down. So all coins, I think, will pump, but there... It's not gonna be like that right now how everyone thinks it is. I feel like it's gonna be that last leg again, you know, maybe before fall or whatever. So, yeah, like, just just do your own research and kinda study the game. And history doesn't repeat itself, but it, you know, usually comes really close. So, yeah, I just wanted to put that out there. Like, don't go... I'm glad... And, Chris, this is why I'm saying this because what you said, you're gonna reevaluate your alts. And, yeah, like, just bet on the fucking ones that you really fuck with, like the on those, the chain links, the... Whatever ones that is really tied in or part of the the Trump or digital chamber presidential circle shit, you know you're probably gonna be in better hands than some of these ones that who knows what's gonna happen.
[0:38:34] Dave @DCBK2LA: And and real quick, Scott, I'm gonna back you up. And, Brett, I'm gonna come right to you, but let me lay let me lay out the blueprint for you guys. Okay? Because I feel like Mantra with $11,000,000 in funding has literally wrote the blueprint on how to do this shit right. And I'm gonna read these off to you so you can genuinely understand what it takes in order to see or at least evaluate a token that is successful. Number one. Now mind you, Mantra is just under $7, still over $11,000,000,000 in FDV. Okay? I'm gonna rattle these off for you. Number one, how do you actually, like, contra... Like, what are the factors that contributed to the surge, right, or or the success of Mantra? One, strategic partnerships. Collaborations with entities like Google Cloud have enhanced Mantra's credibility and visibility in the crypto space. Number two, regulatory approval. You hear Scott freaking hobnobbing with all these DCs. You see, Landy was in DC last week securing a virtual asset service provider license from Dubai's virtual asset regulatory authority expanded Mantra's operational reach and attracted investor confidence. Number three, market positioning. As part of the real world asset RWA sector, Mantra has benefited from increased interest in asset backed tokens contributing to price appreciation. Number four, an upcoming airdrop. There's an announcement of a 50,000,000 OAM token airdrop scheduled for March 18 that's generated anticipation, potentially influencing liquidity and price movement. I had no fucking idea there was an OAM airdrop that was actually coming. None. Investor activity, notable movements, whales depositing, lump sums of 70 to 90,000,000 worth of OAM tokens into Binance, indicate significant investor interest and activity. Community sentiment, Positive feedback from the crypto community highlighting Mantra's utility and growth potential has bolstered its market performance. So this is the recipe, literally the blueprint out here. Strategic partnerships, regulatory approval, position yourself in the market, incentivize users with airdrops, and your investor activities are gonna flourish. And as long as your community sentiment stays positive, you do all of the above. Check. Check. Check. Check. Check. And check. That's it. There it is. You don't get to an $11,500,000,000 fully diluted valuation by accident with $11,000,000 in fucking funding. It doesn't happen.
[0:40:59] Voice B: Dave, how many KOLs talked about mantra?
[0:41:02] Dave @DCBK2LA: Except I don't I don't need to name you one, Scott.
[0:41:04] Voice B: For your show. And, dude, if somebody has a recording, call me out. Dave's show was the first show where... Bro, we mentioned Ando the day it dropped and Mantra, and I remember clowning our homies. All... Remember the airdrop list that all came out? I'm not gonna air... You know, we're not gonna air out the homies. We still love the homies. Everyone... Go... I know a lot of you saved those airdrop list. Go look up up everyone now. It's been over a year. Not one of those... Even PIFF. Right? Like, PIFF... Think of all PIFF's partners. You think when they do a token, they're not gonna include PIFF? Like, are you fucking kidding me? But they just look at the the the value of the token. They don't wanna do anything with. Mantra, Mantra die, and you get that RWA. It's the Pokemon cards. Is it is it... It's credit. I don't know what it is. I don't wanna fuck with it. Again, the shiniest thing isn't always the shiniest thing since you gotta rub the dirt off. What happened? A 100 fucking 50 x on Mantra. So while you were searching for these fake ass 100 x's and following Murat, what Dave said, these motherfuckers stuck to the script and did it right, and you would a 150 x if if you rode that that ride right now. All the mantra people are so fucking up. It's fucking sick. And all they did was believe in something with fucking utility, and it's gonna happen again. So don't feel like you miss Mantra. That's it. They're just the first one that really got it. Dope. Again, there'll be many, many more. You got the. You got the fucking. Again, another one on Dave's show. We told you first a year ago about Ploom. And what are they doing right now? They are fucking cooking. So, again, like, follow the money and the strategic partnerships and make sure the partnerships are two sided. It's not just Scott saying, you know, I work with this company. Go check it out. Oh, shit. Scott did fucking work with Rolling Loud or whoever it was. Like, partnerships are two sided, not one-sided. So, again, just do a little homework. It takes ten minutes to look up this shit on Google. Like Dave said, you could look up to see if they really rock with Google Cloud, and then Google Cloud post it. Right? Anyone can partner with Google Cloud as a customer, Alibaba, any of these, NVIDIA. I hate that fucking one now. We're partnered with NVIDIA. No, bro. You fucking paid for some shit that they're doing. Like, shut the fuck up. If it's two sided, it's probably gonna be a good bet. If you're wrong, then you're going down with all those tier one VCs and smart people. And fuck it. Sometimes that happens. But, again, there'll be another 150 x mentioned on Dave's show, and it won't be a new coin.
[0:43:33] Dave @DCBK2LA: And that... And that's... I remember Plume... That was the wolf web three days, Scotty. Like, if y'all remember. Right? Like, where we got... You brought in all the deep end folks, all the RWA folks. I was like, these are the dudes right here. And just talking with them, these were the guys. And just so everybody is aware, in no... In November 2023, mantra was at 2¢. Okay? To be clear, mantra was at 2¢. Okay? 0.022. Okay? 2¢. And it was trading volume, 2.7, 2,800,000. So these are out there. You have to go find them. Now it's $6.59. Come on. What are we talking about here? Brett, go for it, man. Sorry. Thanks for being patient.
[0:44:20] Bread @_ToastMalone: Oh, shit, dude. You know, I, like, completely fucking forgot what I was even gonna say. I was gonna chime in and piggyback on something Scott said. Oh, right. Yeah. Yeah. Chris. Yeah. No. You definitely joined a good time. That... That's ultimately what was gonna say. Because, like, we... You don't have to worry about the whole... What table in the lunchroom are you gonna sit at if everyone remembers that meta. You know, like, this is... At this point, you picked a good crew to kinda hang with. And... Yeah, dude. I think that realistically meme coins, like, they... I think that all of this garbage meme coins, you know, definitely classified as garbage. NFT is probably also garbage. You know, like, all this garbage will probably take off again yet closer to fall, or we'll see with this new, this new stimmy that's been, like, rumored around, this doge stimmy that all the tax... You know, people are getting back and things like that because, ultimately, that's what kicked off the last huge run was the fact that everyone was locked inside, bored out of their minds, and just getting $600 a week to, you know, make fun of people on the Internet. You know? And so I was like, well, when we did the 600, I'll fuck. You know, I'll buy that picture and go talk shit in that Discord server, and then I'll go buy that other picture and talk shit in that Discord server. You know? And, at least, like, that was... People had that income, you know, before eggs were $9 a dozen and shit. You know? And so I think that with the new STEMI, we could see some things ex... You know, explode, but I think that it's going to be very fast and very violent. You know? And so, like, kind of plan ahead. You know? Don't, like, halfway through be like, oh, maybe this is real and then FOMO in. You know? Because I do think that, like, yeah, it will it will rocket, but it will come crashing down so much faster than the last kinda stimmy bull run that we had.
[0:46:00] Voice B: Hey, Dave. And to the stage, do you guys think... Like, I'm just trying to be fair. I'm trying to be neutral. Right? Because I don't wanna piss the NFT homies off because they believe in shit. And if you believe in something, they're not trying to hate on Do do we agree with fucking scammer beanie where it doesn't matter what drops? There will never be another Pudgy Yuga, NFT. Right? Not utility based, just like, you know, TFT. Because how many times now have we seen this is the Bordeaux killer? Remember that shit in 2021? That shit was so old. And then now it's like, bro, like, Pudgy's and you... Because you couldn't spend their money. You can fucking dunk on them all you want. They were smart by not not doing anything. Like, they have all that money still. So, like, I don't see how somebody else could... Like, what Brett said, unless there's some kinda, you know, check going out, I I can't see how someone can get a war chest or get a Luka or, you know, get a war chest like you guys. But I love to hear what you guys think.
[0:47:00] Landy @CryptoLandy: I think that we will see NFTs rise again, but it's not gonna be in the manner in which they currently exist. NFTs and ordinals will evolve, and I think they have to. If they don't, then the non fungible aspect of crypto is dead, and we know that that's not true. Right? So they will iterate, and they will become something different and likely still have, you know, pictures attached. Right? Like, that's likely still going to be the initial vector for getting people interested, but I think they're gonna be a lot more than what they currently are. They're being underutilized, and I think that they will come back. I think we will see future pudgy penguins, bored apes, and, you know, the larger collections on ordinals that got up there to, you know, over a Bitcoin. We're gonna see that kind of stuff. Now the the initial mania that we saw last cycle, I don't think we're gonna see mania. I think it's gonna be a slow cook on that side of things because there has to be real tech underlying it now for people to actually be interested. And I think, you know, a lot of what we saw, you know, we just kinda said earlier, the NFT bros, I said, you know, they... Where did they go? They went to MemeCoins. They they churned and burned NFTs, and then they churned and burned in MemeCoins or tickers. And because there are legitimate meme coins, I think, that will stand the test of time and survive bear markets even though most will not. I think, you know, you've got Doge is still around. You've got Pepe. I think Pepe is gonna do well. You know, there's a few other top cap meme coins that I think will stick around. I think Trump is gonna stick around as well. You know, everybody's focusing on Trump dropping. And then, you know, you look at Pepe, it's the same thing. It's an 80% retrace from their highs. And and you look at Dogecoin, same deal and even a little bit worse there. But there's... This stuff will come back. I think that NFTs in particular, that world has has been left untapped because people got worked last cycle, and then again in this cycle, they got worked again. Not to the degree that they got worked last cycle, just new people got worked, to a little bit of a lesser degree this cycle. I think it's coming back. And I gotta say with with NFTs on the rise again, you're... You saw that space where NFTs are back. Does that mean that we have to go and grind for Discord levels again?
[0:49:37] Dave @DCBK2LA: Please no. Please no more grind. I I can't I can't. Enough with the Discord and the bullshit. Like, I I can't do it. No way.
[0:49:45] Landy @CryptoLandy: Join my Discord, Dave. If... When you reach level 99, you'll get you'll get Bro, please. First serve. First come
[0:49:52] Bread @_ToastMalone: first serve. You gotta you gotta earn that mod.
[0:49:55] Dave @DCBK2LA: The Ajita that I get, Landy, when I... Even when I just see... And cool post about, like, claiming a role. Just claiming a role in Discord gives me literal Ajita that I'm just like, ugh. But I know I need to go do it if I wanna kill
[0:50:09] Bread @_ToastMalone: this woman with this eardrum.
[0:50:10] Landy @CryptoLandy: Check mark, Dave?
[0:50:11] Bread @_ToastMalone: Yeah. If you can't get that verified with your wallet, bro. You gotta verify that shit.
[0:50:15] Landy @CryptoLandy: Yeah. You gotta verify
[0:50:15] Voice B: Dave, what about all of us that were doing cook groups before NFT? Like, we're we're fucking... Shit. I'm shocked of this bro. Like, dude, like, I do... When when I guide a client, they go, yeah. We do our group chats in Discord, bro. I'm like, I'm not churning notes on. I'm not going through my disc. I still need to do the thing where you just delete all the fucking ones you don't wanna be a part of, like, and mute them or whatever. Bro, I just still, like... I just left it on the rack. You know, when I got rid of the penguin and everything else, it was just like I hung the shoes up. And, dude, I just feel like this dirty fucking rat, sewer rat going back with shell shock from fucking Cookgroups and botting PlayStation fives and then nifty gateway before open sea. The Lanny's advocacy. Remember? It's all Pokemon drops, bro. Like, all
[0:51:04] Landy @CryptoLandy: that You're killing me, shocking
[0:51:06] Dave @DCBK2LA: me, bro.
[0:51:06] Voice B: Killing me. And then Top Shot. Then top shot and then clubhouse, and then now we're here.
[0:51:12] Dave @DCBK2LA: Oh, god. Top shot.
[0:51:14] Hito⚡ @Hitokirivon: I I was gonna stay downstairs just listening to you guys. I was laughing. Scott had me rolling. I was having a great time, and Lanby had to give me PTSD. Oh my god. Why
[0:51:28] Landy @CryptoLandy: would you start mentioning all
[0:51:30] Hito⚡ @Hitokirivon: the Discord? I have a folder full of all Discords that I just put together so I don't have to see them on my sidebar ever again. They're there. I didn't leave them, and I do not interact with them for a reason. Oh my god. I'm, like, feeling it on my chest, and I'm, landing.
[0:51:51] Dave @DCBK2LA: This is your Discord. Guys, this is your Discord help... Self help group. So if you'd like to come up and talk about your your issues with Discord, if you have PTSD just like Hito, this is a a safe mental health space, so please feel free to come up. You can vent about how you were fighting and battling and this and and doing this and that, and you never got that white list because maybe you missed one stupid little step going to one stupid little website and connecting one stupid fucking wallet. Right? And you didn't and you didn't do it. Now it's like all those seventy four hours that you spent grinding for that one white list spot for the picture of a fucking fish jumping through a fucking ring of fire. Okay? Sad. You couldn't get it.
[0:52:34] Bread @_ToastMalone: Hi. I'm Brad, and I hate Discord.
[0:52:37] Kool @koolcryptovc: Hey. Was I was giving
[0:52:40] Hito⚡ @Hitokirivon: was giving an opportunity recently. He was like, hey. Do you want me to just add you as a mod too, like, for the Discord? And I'm like, no. I don't. No. Do you feel...
[0:52:51] Landy @CryptoLandy: No. But, Hido, I I I I sent you a DM telling you that I could pay you between 300 and $400
[0:52:57] Voice B: I quit.
[0:52:58] Kool @koolcryptovc: Good to mod. Be my...
[0:52:58] Dave @DCBK2LA: No. No. It's it's literally now it's up to 0.5 an eth a week. Okay? You couldn't pay me half. Listen. The scammers are literally... They're... It's so... This is how bad it is in Discord. Okay? So I feel like this is like a stand up comedy routine. How bad it is in Discord is even the scammers have to up their Fugazi fucking offer from 3 to $400 a week to 0.5 an ETH a week to just even get you to somewhat be interested to be like, wanna be a mod on Discord or Telegram? No. You can't pay people enough money to want to do these fucking jobs anymore. It's impossible. Guys, we're veering away from the news. Stop taking me down these fucking rabbit holes. Okay? I get it. It is self help here. So we we want everybody's mental health to be okay. I get it. Fine. Yada yada. Okay. Wonderful. Okay. Back to the news. Alright? But if anybody doesn't feel like me... Yeah.
[0:53:49] Voice J: Just really quick before we go off the subject. Damn. Damn. You guys are right. I'm glad I joined now. Hear I hear the pain. Yes. That's it.
[0:54:02] Dave @DCBK2LA: Yeah. Exactly.
[0:54:03] Hito⚡ @Hitokirivon: Yes, Chris. All you need to know is that daddy's back this year. I'm gonna bring the STEMIs. We're all gonna have a really good time. Landy's gonna be on my pocket again. Everything's gonna be great. I'm gonna make America great again.
[0:54:16] Dave @DCBK2LA: It's gonna be huge. It's gonna be huge. Huge. Huge. Huge. Huge. Okay.
[0:54:26] Dave @DCBK2LA: Oh, man. What are we gonna do? Okay. California said... Listen to this story. This one was actually really good. I just went... Just crossed the wire a couple minutes ago, which I'm really curious about. California senator backs Bitcoiner for $500,000,000,000 pension fund board seat. Dom Bey, candidate for a Calpers... For those that know what Calpers is. Right? It's literally California... The retirement fund. Calpers board seat could spotlight Bitcoin advocacy in public pension fund management. His campaign reflects the rising interest in integrating Bitcoin into institutional investment strategies. Dambay is a Bitcoin advocate running for a CalPERS board seat. Election could bring Bitcoin strategies to public pension funds, and the momentum for Bitcoin adoption is growing across US government levels at an unseen and rapid pace. This is kinda crazy. Right? CalPERS is, I would say, other than, the UTF, the United Teachers... The the the teachers union, UTF, Randy Weingarten, and them, I would say that this... CalPERS is probably, like, the second largest retirement, if not the largest retirement fund in The United States. This is massive. Right? Think about this. Do you know what this can genuinely bring, right, like, to the Bitcoin world? This is what we're saying yesterday. These... Like, these ain't... Like like, all of this is moving forward, and we're sitting here talking about, oh my god. Bitcoin at 80 k. Meanwhile, everybody else is just continuing to move forward. Like, why are we not doing and saying the same thing? I mean, we are up here saying that same thing. I hope you guys are obviously listening. Yeah. Scott, chime in, and then I wanna hear Landy and Cool's take on this shit.
[0:56:10] Voice B: Dude, again, remember how happy I was when I joined the show? Like like... And I read your fucking top? This is the type of shit I'm talking about. It's... We said this in Singapore. Anyone that went to Singapore, Dave, you were there, it was sad because now crypto's literally split in two. It used to be, like, all these different... Like, you can, like, kind of intermingle, and it's, like, either you're on this degenerate only shit and you have no idea all this other shit is going on, And all the other shit going on doesn't give a fuck about this whole world. It's literally two separate forks in the road, and it's hard to be a part of both. And it sucked when people started calling me enterprise Scotty and all this shit. No, bro. I took this degenerate road last bear market, and look who didn't. Our homie Michael, our homie Om. Look, bro. They got acquired by MetaMask. And we could go on and on about the homies who were like, yeah. We're DJs, but we're gonna go build shit and go get funded and do cool shit. Like, me and Brett, like, me and Brett should have been doing that shit. Right? But, no, we're like, let's fucking stay on spaces till seven in the morning and mint shit, which was good. Right? It was like, wouldn't I have worked at OpenSea, and and Brett wouldn't have worked at NFT now, and we can go on and on and on. But, again, this shit right here, we'll just say these companies, BlackRock, State Street, they're all in. All they gotta do is 2%. You think fucking daddy Larry is only gonna do 2%? And think about 2% would be, like, $300,000 Bitcoin, bro. And if you think they're all only gonna do 2% after the boardroom start going in, what Dave just explained with CalPERS, yeah, Microsoft said no. They're always last. I mean, we can call micros... Microsoft's a great company.
[0:57:55] Voice J: Hey, man.
[0:57:56] Voice B: Hey. They're last when it comes to emerging tech, but they'll still be in the mix. Right? It's Microsoft. But the thing is, just because that boardroom said no, how many other boardrooms have already said yes? And we all know if you're from web two, boardrooms copy the next boardroom. So then there'll be Pepsi, then it'll be Coke, and then it'll be the next sector. It'll be agriculture and fucking... Come on. It'll just keep going in every boardroom thing. Every fucking boardroom does 2%. Bro, like, you can't even add that up in Bitcoin? Like, I don't even I don't even wanna say some ridiculous numbers. So we'll just say add it up yourself. But, again... And that's at one to 2% allocations from these kind of companies, and motherfuckers are mad at the market right now, Dave.
[0:58:42] Dave @DCBK2LA: And here, just I... Just so you guys hear, CalPERS, California Public Employee Retirement System, is the largest public pension fund in The United States, managing over $500,000,000,000 in assets and serving more than 2,000,000 public sector retirees. That's $500,000,000,000 we're talking about. Bitcoin in and of itself is at 1.6, 1,700,000,000,000. That's 33 percent of the total Bitcoin market cap. Imagine if they allocate what Scottie just said, one to 2%. Now nominating. Now you have a state senator that is now endorsing a firefighter, like a retired firefighter that is a pro Bitcoin advocate that is literally saying, I want to do this. Come on, man. Hito, go for it, then we'll move on.
[0:59:31] Hito⚡ @Hitokirivon: No. I was just meant to, like, highlight when Scott said, like, to think about Microsoft. I said, like, yo, did Jack get your email just now with the changing policy? Because they all do it.
[0:59:43] Dave @DCBK2LA: Easy. We're gonna set... We're gonna trigger Chris. Chris is a Microsoft employee. You guys be careful. But, like, have a little... Be be a little sensitive. You know what I mean? Landy, go for it.
[0:59:51] Landy @CryptoLandy: As somebody that used to teach MCSE, I I can tell you that Microsoft is up their own ass.
[0:59:58] Dave @DCBK2LA: Is that PowerPoint and Word
[1:00:00] Kool @koolcryptovc: No. And Access
[1:00:01] Dave @DCBK2LA: and Excel? It's what?
[1:00:03] Landy @CryptoLandy: No. It's enterprise enterprise Microsoft Windows stuff.
[1:00:08] Dave @DCBK2LA: I took that course in college.
[1:00:10] Landy @CryptoLandy: Yes. Look. This is this is big if it happens. That is the big if. Right? And then it's how much of the budget do... How much of that do they wanna invest in Bitcoin? But they... This is just gonna keep... We're gonna see more and more stories every single day of this happening, especially after... You know, now we live in a post BSR world. Right? And for those... Maybe they don't catch that, that's Bitcoin's strategic reserve. It's here. It's... We just had, yesterday. Just had Cynthia Lumas and the Bitcoin Act stuff be reintroduced, via another, house member to the house floor or for committee for review and then to the house floor. Like, this is... We are on such a, we're on such a fast track now in compare... It... It's like everything was at a grind when it came to adoption from bigger players, and it really was Larry who kicked it all off. Right? Like, I don't think we would have seen even a Bitcoin strategic reserve if Larry didn't get involved and start pushing for a spot ETF in Bitcoin. And for as much as we don't like some of these bigger players and these big asset under management companies, they understand what's coming much further down the line in terms of, you know, a decade or more in terms of where they are trying to position towards when many of us are sit here, like you said, like, looking at, oh, no. It's 83,500 Bitcoin. Are you kidding me? They wanna accumulate at these prices, so should you, and lower. Like, that is kind of the the state of things right now, and there's so much cool shit going on. I can't... I said this earlier. There's too much cool shit going on. I can't be bearish on this even in a, quote, unquote, bearish environment at least short term right now.
[1:02:12] Dave @DCBK2LA: Okay. So let... Let's transition to this next story because this is what I think is gonna be telling, and and I've always I've always been curious about this. Right? Miners selling their Bitcoin. Right? So BTC experiencing, obviously, increased selling pressure. We don't know where exactly it's coming from, but some people are saying... Or there was an article that came out that said it's due to miners offloading their holdings. Right? So number one, miners are selling off. Why? Data from CryptoQuan indicates a surge in minor transfers to exchanges, particularly during price dips, suggesting financial stream within the mining sector. Landy, I know you're you're itching to chime in on this. Let me just get through the the bullet points. Price fluctuation. February and early March, it repeatedly dipped below 80 k, reaching 76,000. Slight recoveries, obviously, in the last couple days, but increased miner to exchange Bitcoin flows. The trend of increased miner to exchange flows began in September, peaked on December 16, where these flows reached 11,365 BTC in a single day. I never understood this. They're seeing a revenue decline. Obviously, I get it. There's a certain price point per Bitcoin that it cost them to obviously mine a certain Bitcoin. But, Landy, chime in on this, and then I wanna go to cool and really understand, like, what is the deal here with these miners, and can they not figure out another way? Like, you're in the Bitcoin mining business. You're mining this thing for its future potential, but yet you're selling it off at the exact same time. I... It's like selling goods to get money and then selling that money back. I don't... I I don't get it. Landy, explain this to me. Please make this make sense.
[1:03:52] Landy @CryptoLandy: Hi. As somebody that's part of the problem, I can come here and let you know exactly what's going on. Yeah. So, obviously, many of you know. If you didn't, I mine I mine Bitcoin. I'm pretty pretty deep into that. And the... First of all, did Marty Party write this?
[1:04:12] Dave @DCBK2LA: Like... No. No. No. This is not a Marty Party special. This is a real this is a real story.
[1:04:20] Landy @CryptoLandy: Because this is the bullshit right here. Alright. So miners have been selling off. Basically, the transition into net selling, really started in the rise off of the lows again. Right? Like, when when miners would have been selling all the way through. I mean, miners, the... I believe the minor reserve right now is somewhere around 1,800,000 coins. But you... What you have to understand is we have inflows and outflows. We have a business to run. Right? Like, we have expenses to pay. These machines, are quite expensive. The, the halving puts puts supply side, restrictions, so we're getting less supply. Obviously, the trade off there is that price should go up, and it did, quite substantially, post halving. But now we're we're rounding back down towards it. So when price appreciates above production cost, you're gonna get selling. So for instance, when the ETFs launched, miners were selling coins. Now this is inflow... This is from reserve, but it's also from newly mined blocks. Right? They're being transferred over. Why? Where do you think OTC desks are getting their Bitcoin from? It's from miners. Right? That's... A lot of that including private sales, OTC sales, and exchange sales went into the, went into the actual spot ETFs, for instance. That was a big factor for reducing the overall reserve for miners. And then as price rose to make a new all time high prior to halving, it was well above our cost basis for electricity and total cost. So we start selling. Right? We gotta have... We gotta build up our own cash reserves because when it gets underneath production cost, we might even become net buyers in addition to mining and holding the coins. So this helps us survive long term, and we have to plan for the next halving. We're... And the halving after that. Right? And the halving after that. We're not just planning for next month, next quarter. We're planning for years down the line, so we have to make sure that our numbers are on point. And just to give you an idea, you're right that in December, we had a massive outflow. Why? Because Bitcoin hit a $106,000. It was $20,000 above production cost. Right? You... If you're not taking profits, then there's something wrong with you as a miner. Right? You're not just gonna mine and not sell. You're... And what what the contention here is that we're selling off portions of our reserves. I don't know if if this person who wrote this article, I'm gonna call him Marty Party junior, understands how any of this shit works, but minor reserves dropped, from, 1,870,000 to, like, 1,800,000 in the first run up in 2020 into 2021. We also were part of that lower high that started the bear market because when when Bitcoin, was rising off of its lows last cycle, off the higher lows to go make a new high, that was partly because miners weren't put, supplying... Supply side pressure, and we were then only just realizing the profits after we saw liquidity come in. Same deal when the bull market started. Miners are selling off once it's above cost basis. We sit there, we mine, and we turtle up for the bear periods. And that way, we have enough cash and enough liquidity in order to survive those periods, not have to sell out to the bigger players if we're smaller miners. And the bigger players, obviously, will go and buy us if we become insolvent. But, the... As soon as the bull market started, Bitcoin broke above, you know, the the lower highs in some of the bear market, you saw miners taking profit. It's above our cost basis. We have to do it. It's normal. Is it at extremes right now? Yes. Because Bitcoin was over a $100,000. We... But it's not as extreme as post, post ETF launch. Like, the drop from 1,860,000 coins in reserve aggregate all the way down to 1.8 mil essentially was this entire time. It's been a gradual drawdown to that, and we just saw a little little bit of a sell off when Bitcoin hit about $10.06. So that was a... We're just mining now, and it's going sideways, and it's been going sideways. The actual sell off out of that range was not minor driven. That was hedge funds unwinding theirs... Their positions that they had in the spot ETFs while holding on to those short positions on CME coming into this month, and then they reloaded and pushed it down further. So you can blame hedge funds for that one. It's not us.
[1:09:35] Dave @DCBK2LA: So it's not you is what you're saying. So you are to blame or you're not to blame? Which one is it? So I could cook you or no?
[1:09:40] Landy @CryptoLandy: No. We can't cook us because without us, you wouldn't even have a market. Look. The the point is is we are not the primary sellers in this market. We offloaded about a grand total of since $38,500 that spiked down before Bitcoin ripped to a new all time high. We went from 1,830,000 coins to 1,800,000 coins. That's not a lot. It's not a lot at all.
[1:10:12] Dave @DCBK2LA: Alright. Fair enough. I guess I won't cook you. Make it stop. Make it stop selling. Stop. Stop. Stop.
[1:10:19] Landy @CryptoLandy: Hedge funds to stop fucking around and and applying so much short pressure, or what we'll do is we'll huddle these coins. And when the market comes in to start buying again, we won't apply any sell side pressure that they want us to, and they're gonna be, they're gonna get short squeezed. How about that? That's what we can do.
[1:10:37] Dave @DCBK2LA: I like that. That means that it's gonna be fucking... I like the short squeeze where... I like that word short squeeze. Yeah. Yes. Go. Go. Go.
[1:10:44] Landy @CryptoLandy: Yeah. We can do that.
[1:10:45] Dave @DCBK2LA: That means violent move to the upside, baby. Let's go. I don't give a shit how it happens, but as long as that shit happens, which I 100... Listen. I'm obviously not a 100%, but with 98% of my belief, right, I think we're gonna see some violent moves to this upside, man. Like... And that's gonna... People are gonna be shocked when they see it. They're gonna be like, oh, no. I'm just gonna be sit... We're gonna be sitting here being like, see? Told you, motherfuckers. Like, we
[1:11:08] Landy @CryptoLandy: We said gonna... Is Trump gonna say something like golden age? Told you so.
[1:11:12] Dave @DCBK2LA: Golden age. Yeah. Exactly. Exactly. Say something fun. It's gonna be huge. Exactly. Hito's gonna come in with some sort of fucking... Yeah. Of course. Yes. Hito, say... Give it to us. It's gonna be huge. It's gonna be huge.
[1:11:27] Bread @_ToastMalone: Yeah.
[1:11:28] Hito⚡ @Hitokirivon: Everybody, I just wanna say it's gonna be a huge year. Huge, huge, huge. Just like Landy was explaining to everybody, we're gonna be in better places, great places. You know how I say it all the time. Daddy Trump likes it. America's... Is great again. It's gonna be big. It's gonna be huge.
[1:11:48] Dave @DCBK2LA: It's gonna be huge. That's it. There you go. Guys, Cool has officially left to go eat. He's never supposed to eat. I don't know why he left to go eat. It's against the rules. He's supposed to fast all the time. I don't know why he's choosing to eat now. It's kinda ridiculous. I'm kidding. Cool has to eat too. Okay. Hold on one second. Maga meme coin made... Who's this? Xeno... Oh, yeah. I like Xeno Tails. Xeno Tails is
[1:12:16] Voice I: a homie.
[1:12:18] Dave @DCBK2LA: Yeah. Yeah. Xeno's good. Yeah. I like Xeno. Real quick. Redstone selected as official blockchain Oracle for securitizes RWA expansion with BlackRock. This is big. Real assets are grow... A growing segment of the fastest rising on chain economy. This is gonna wake Scott up. And our currently valued over 20,000,000,000 and growing Securitize, shout out to my man, Jamie Finn, a company specializing in real world asset tokenization has chosen blockchain Oracle Redstone as its primary Oracle provider. Notably, Securitize collaborates with major global financial institutions including Apollo, BlackRock, Hamilton Lane, and KKR to tokenize institutional grade assets. And according to the press release, the partnership will enable Redstone to deliver price feeds for Securitize's current and future tokenized products. Scotty, how significant is this? And tell us a little bit more about Redstone if you know a little bit more because I genuinely don't know anything, to be perfectly honest, about Redstone. Why not Chainlink?
[1:13:15] Voice B: Dave, my bad. My kid was talking. What what was what was this... The topic right now?
[1:13:19] Dave @DCBK2LA: You're good, bro. You're good. You're good. I was talking about how Redstone was selected as the official blockchain oracle for securitized RWA expansion with BlackRock.
[1:13:28] Voice B: Yeah. So I feel like... Alright, dude. It's recorded, so I'm be very careful. If you've not... If, like... Again, me and Landy said this. Like, all you gotta do is follow money and follow, like, power. Right? And what I mean by that is if you're not gonna be... If you're in America and you're not gonna be a part of either, like... I'm not gonna name the, like, the the the the the, I guess, the government entities, but they're all public in Web three. If you're not a part of either one of those or the presidential circle thing that they're making where you're gonna have at least, like, a layer of your company in America, dude, good luck, man. And this is not hating on anyone from Europe or anywhere else. Like, that's why I think you're seeing come... Some of these kind of bizarre picks for... Well, not bizarre to us, but to the outside looking in. Like, why is that? Why did Trump... Why did the administration pick this company? And here's another one. Why did BlackRock use them over Chainlink and Pith or or, you know, whatever other option was out there for, you know, a CCIP type on and off chain off ramp being? But maybe it's in house. I mean, you gotta think. Look. We remember on Dave, on your space when we broke that JPMorgan had saved $20,000,000 using Kinesis, that's what it's called. And you... Like, there was no way everyone else was gonna look and go, wow. If I just spin up my own chain, we get all the fees. It's private. So even though it's like a blockchain, it's really not. Right? It's just like using the underlying tech. And I think more and more people... And I know that decentralized people are like, fuck that. That's not what this is about. I get that. But there's room for both. Right? Like, some shit, yeah. It's gonna be on the block, but it shouldn't be fucking... Like, see, even if there's ZK proofing and all of that, like, I still, like... I don't know. There's some shit. Military DOD, I don't know that you probably don't want out there. There's some smart fuckers that could do something weird with it. But I don't think that takes away from the decentralized movement of decentralized things that are out there. So I think there's room for both, but you're gonna see more of these private chains. Even with AI, Brett Brett brought this up, like, a year ago. Like, with... That's the last election we'll ever see. Like, the next election, bro, there'll be private AI chains just to make sure we know that's really Trump. You know what I mean? Like like, I I... People don't really realize like this that that's gonna happen for everything. Like, you won't even know what you're looking at anymore unless you know that it's fucking from this, like, you know, new metadata that Brett encoded on the private Trump chain or or whatever, you know, whatever the info is coming from. And, like, mark my words, four years from now, bro, are we really gonna be like Sam Altman looking at that glass screen? So, again, just to reel it back, you're gonna see a lot of these private dealings with, you know, just people that... Okay. Fuck. They don't charge as much money. We can probably, like, kinda own that, you know, Oracle protocol, whatever, and now it's all in house, and they don't have to, like, kinda play with anybody else.
[1:16:31] Dave @DCBK2LA: I just wish I would've... Yeah. For those that don't know, man, I've known Jamie... So so one of the Securitized cofounders, I've known Jamie for eight years now. This is even pre, like, my, like, my discovery of, like, the blockchain crypto space in '20... Late twenty twenty, early twenty twenty one when I was at a real estate, company building out their sales team, and he was advertising to literally start tokenizing real estate, and we were the top real estate publication. And I took I took him and and and his cofounder, Carlos Domingo, out to dinner one night, right, obviously on the company. And the shit that I realized, like, just sitting down with these guys, like, these guys, they operate on a very, very, very different fucking level, man. They really do. And it is no surprise to me. I wish I would've... I I didn't know how to get involved. I didn't see it back then, but, like, looking from then till now, you can genuinely see where this whole shit is going. And this is going... Like, if we think that, oh, like, we've we've utilized it. Like, that's it. The opportunity's got... It's not. The opportunity is still massively, massively here. And, Scott, you mentioned AI. Obviously, you triggered Hito. Hito, right before I go to you, let me just say what's up to Xeno. Xeno, what's good, bro? How are you?
[1:17:41] xeno_+ @xenothales: Hey. Sorry. I was in the DMs with Tom Lacey. What's going on? AI? Dude, AI is crazy. AI is AI is the big one, guys. We had our first wave of of LARPs. No. And and some good projects. But we had our first wave, and and the second wave is is... I expect from people I'm talking to and and project leads I've been talking to is gonna be... Let's say it like this. The promise will be fulfilled. Right? So the promise of the hype wave will be fulfilled in the in the... Let's call it the utility wave, which is coming.
[1:18:17] Dave @DCBK2LA: Let's go, Xeno. Appreciate you, bro. Welcome. Hito, go for it, bro. Sound off, and then we'll go back to Scottie.
[1:18:39] Hito⚡ @Hitokirivon: Area is is scary. Even, for instance, like, it doesn't look exactly like the person because it definitely came from our... But, like, the piece that I did for Sapphire, and then I put it on Clean AI, and all I had to do was just, like, recreate prompts that react to, like, how she moves in the space, and that it gave me the exact reaction, and it brought that piece to life to look like what something she would do. That is insane, dude. It is insane. So... Yeah. Like, eventually, we're gonna have to, like, put, so many restrictions and implementations to make sure that, like, who we're talking to and what we're listening to is coming from the actual person. I think blockchain is definitely, like, one of the cool things that we're... That is gonna be implementing a lot of those things to show, like, the validity of certain things.
[1:19:28] Dave @DCBK2LA: Hey, Tae. You wanna freak out? Check out the pin three at the top, bro. I've been literally looking for those that are looking at, like, the whole lip sync, like, creating your own avatar and all this other shit. Yeah. Good luck. Look at what this new AI model called Mirage is actually doing, bro. You cannot even fucking tell anymore. The lip sync is on point, bro. It's nuts. But...
[1:19:49] Hito⚡ @Hitokirivon: Yeah. Well, not only that, dude. Before Scott goes, like, there's another guy that I've been following. I haven't posted anything because I don't wanna scare you. But the guy's showing how he is talking live, like, recording his video, and then he has two other screens. One that gives you a background of a different place, and the other one is actually showing a character avatar moving perfectly in sync with his lips, his reactions, and everything, and it's a completely different person.
[1:20:15] Dave @DCBK2LA: He don't... And that's how people are doing interviews now with their own AI avid... Like, it's like an avatar, but it's like a real person, but it's them. So they're talking, so it makes them feel that much more comfortable. Because you know how it could be a little nerve wracking. Right? Like, when you're on, like, a FaceTime, like, with somebody, like an employer, and it's like, oh, shit. But now you don't have to be that. You could literally just talk like you're normally talking, and the avatar that's on screen, whether it looks like you or it doesn't, bottom line, it isn't you. They're not looking at your mannerisms, whatever. You could feel more relaxed thinking this is more like a phone call than anything else, which is fucking crazy.
[1:20:49] Hito⚡ @Hitokirivon: Yeah. I'm gonna go in as Vulture on Yeah. An interview.
[1:20:54] Dave @DCBK2LA: Oh my god. Crazy. Scotty, go for it, then we'll go to Landy.
[1:20:57] Voice B: Oh, Dave, thanks. You got my brain going. I got a little smoked earlier. Forgot to mention this because it was right when I got... Came back from Denver, but you reminded me with this... The securitized. Shout out another homie that used to come to the days RWA spaces when he was with Wolf, Reed from Super State, bro. This motherfucker launched a registered transfer agent with this small group called the SEC, and motherfuckers are bearish. So in case anyone doesn't like, hey, bro. What are you talking about, Scott? Like, I don't know shit about finance and trade file and all that kind of shit. Basically, now you'll be to integrate any kind of tokenized securities into existing regulatory framework, and it's SEC approved. And now back to daddy Larry. Now Larry gets instant settlements on his... In... On a twenty four seven market. Billions of dollars saved on those one per... 2% fees, and we really think he's only gonna do 2% of their of their assets. Come on, bro. Follow the money, man. Follow the money.
[1:22:07] Dave @DCBK2LA: Agreed, Landy.
[1:22:09] Landy @CryptoLandy: Yeah. So I I don't know. I know you said that you weren't familiar with Redstone. You know, they've been kinda work... Cooking behind the scenes, and Arrington Capital is is kind of one of their main main factors. I think they did, the series a. And if you're not familiar with Arrington Capital, that is the same Eric... Arrington Capital that is... That runs the Arrington Capital XRP or Arrington XRP Capital, fund. So... Yeah. And this is this is, you know, there's some there's some through lines to to kinda latch on to here, especially when you start getting into the RWA world from the XRP side to Arrington Capital, the Oracle, BlackRock, and the White House? And why is Ripple prominently figured there, especially with Brad there, even though he didn't necessarily support Trump? Because there's a lot of stuff happening behind the scenes, And you might wanna... Maybe for those of you that were here yesterday, might wanna think back to yesterday. I believe I brought up the whole Texas exchange thing that Larry's going for. So, I had mentioned a few things there. And much like Scott, can't say too much more because there is stuff that is happening in the background that some people are privy to that we can't actually talk about.
[1:23:30] Dave @DCBK2LA: I hate it when you guys do this. I hate it so much.
[1:23:33] Voice B: Bro, we're not we're not Libra fuckers, bro. Like, bro, I gotta be next to Michael Sandler. Like, what do... I don't know business at that table. They'd like, Scott's the Los Angeles leaker. Get this fucking snitch out of here. Yeah, bro. Like, Randy knows, bro. Like, what... Like, you could blackball me from crypto Twitter, but you blackball me from enterprises, bro. I'm a go back to music, bro.
[1:23:53] Landy @CryptoLandy: Yo. I I I need these. I need I need these contracts, bro. I need these contracts. These these are... Give me life.
[1:24:03] Dave @DCBK2LA: Share the wealth, motherfuckers. Where where where we at? What the fuck? Cool. Anything that we missed along the timeline, Landy? Anything we missed along the timeline that you guys wanna go over? Brad, Xeno, Ito, anything that you guys came across in the crypto side either today, between today, yesterday that we maybe might have missed?
[1:24:21] Bread @_ToastMalone: Yo. I mean, did you already talk about the the new agent kit from OpenAI? Because that shit's sweet. They dropped, like, a whole new SDK that's supposed to have, like, essentially, like, much more... It's a it's a more direct framework than, like, what all of us are trying to custom build with Eliza custom plug ins and providers and things like that. Like, apparently, the new SDK with OpenAI, you can plug, like, straight up databases and APIs and RSS feeds directly to the agent. Like, no middle step at all. And so, yeah, that's gonna be huge. And if you're building agents or in that space, like, definitely check it out. I haven't... I guy downloaded it, and I have the docs actually in one of these fucking tabs on my computer. I've got the docs pulled up, but definitely gonna be digging hardcore into that later this week and this weekend.
[1:25:11] xeno_+ @xenothales: Yeah. I I don't... The way that OpenAI has been operating, I actually don't think that people like Eliza can outperform them unless Eliza makes itself particularly crypto oriented, which would mean, you know, being me... I want to be able to speak to the AI through my app, Progressive Web App, whatever, as a hot wallet application and in natural language, have it open... You know, in in in in, like, in in one go, have it bridge assets from one chain to another, open a position, and then trade the position automatically based on parameters I give it from technical indicators like Bollinger Bands or something. And that's where we're currently stuck at from AI and crypto. Some admixture of intents, right, user intents framework that I think banker is using, banker bot, or... I I know, like, a few are starting this. A mix of that and then the data. The data is the huge one, both social media data and blockchain data. Because the blockchain data is... You know, that's a lot. Right? So people are working on, I think, model context protocols, MCPs, frameworks that tell the AI how to, analyze and go through and interpret large datasets. So there... I think that's where the the the, you know, building is going on right now in terms of that. But, yeah, Eliza is not... Like, so what I'm saying is that OpenAI has been doing something I I find interesting. They... They're they're building things out, and then all you can almost do is, like, build a jailbroken version of what OpenAI produces because that's what people want. Same with Eleven Labs. Right? Eleven Labs took all politicians off their platform. Platform. You can't... Through eleven Labs, you can't generate Trump anymore, for example. So people are taking the tech, the AI tech, and then jailbreaking it. And that's, like, the innovation, basically, because these guys have so much fucking money and firepower that they're just kind of... They're beating everyone. They're they're setting the standard, but then they're putting rails on it, right, guardrails, and no one likes that. But what I think that OpenAI will probably do, I I mean, maybe, is keep doing it like this where they they released, you know, guardrailed, gay models of, or or or innovations. Right? Cupped innovations. And then everyone tries to catch up to them by basically jailbreaking them, and then they release a new one, a new innovation. And then the the, you know, repeat, rinse and repeat, rinse and repeat. And then I think I think when retail... When when the normies are ready for jailbroken AI, when we've accepted it, when everyone wants it, when there's enough demand in the market for it because everyone's using AI at that point in the future, they'll just open everything.
[1:28:20] Dave @DCBK2LA: They'll just remove the guardrails from all of it.
[1:28:24] xeno_+ @xenothales: I think that's what they're doing.
[1:28:25] Voice B: Yeah. Because,
[1:28:26] Dave @DCBK2LA: you know, that's what Venice is, bro. I'm telling you, we opened up the show with it. They burned a $100,000,000 in their VVV token. I've been using it for a year and a half, bro. You can say some what... You can ask it any fucking thing you want. Ask venice.ai and go nuts. I brought this up a year ago on the reset, and I said, guys, if you can ask... Oh, imagine you had access to ChatGPT but completely unfiltered. What would you ask it? And I got a room full of dead fucking silence. Nobody said a peep. And now look at it. Bro, decentralized AI is where things are moving, but great take, Xeno. Let me go to Remedy. Yep. And then we'll wrap this up. Thank you, bro. Remedy, what's up, man?
[1:29:02] Voice B: Yeah, man.
[1:29:02] Voice K: I just wanted to tap in and say thank you for inviting me up on the stage. I also wanted to ask a question. How do you feel about the qualifications of AI and administrative tasks, first off, to Xeno? If you could answer that. And then what are the larger implications of the work that we're doing here on blockchain in our our day to day world. Like, where can we apply this tech in places that we might not even see yet, if you know what I mean?
[1:29:29] xeno_+ @xenothales: Did you say admit... You you... Sorry. Did you ask about administrative AI?
[1:29:33] Voice K: Yeah.
[1:29:34] xeno_+ @xenothales: Yeah. So so that's the first thing AI can go for is anything that's administrative, including over 90% of law because 90% of law is administrative. Right? So that... What that means, administrative, is think about it like this. It's a finite set of data. It's already predetermined. That's what administrative is. No one's fighting the the the the law when they go to court for administrative violation. They're fighting the conditions that led them to to be in the courtroom, and that's something that can be handled by AI, right, with submissions of data and evidence and all that. It just processes that. And the reason AI can do that is because it's an... It's a set of algorithms that run over a database. That's what that's what essentially what AI is. And what administrative law is is a large database with extremely inefficient algorithms running over it called bureaucrats. And so what AI can do is replace those algorithms with its own and effectively... Yeah. So as long as it's a finite set, AI can do it.
[1:30:43] Dave @DCBK2LA: Good answer. Ramadi, do you have a second part to that question before we wrap up? I know we're kind of at the ninety minute mark for us already, but did you... Was there a follow-up to that question or no?
[1:30:52] Voice K: Yeah. Just the the larger implications of AI on a day to day world. We're... We have to think broader than AI and crypto exchanges if we're really trying to turn it into a market.
[1:31:04] Dave @DCBK2LA: That's a fact. Can I show can
[1:31:05] xeno_+ @xenothales: I show my project, Dave?
[1:31:07] Dave @DCBK2LA: Go for problem, man. Of course.
[1:31:09] xeno_+ @xenothales: Okay. Appreciate it. Also, hi, Landy. Sorry. It's What's up? So so we're we're doing that at Maiden Labs. We are a crypto project, but our focus is on biocomputing. We're doing some crazy schizo shit with our research. So if you wanna look that out, the research paper is is pretty comprehensive. It's on our website. You can read that. AI in in biocompute and in health care and in research is gonna be insane, and that's what we're trying to build right now because we're trying to solve that problem that I just mentioned. What if you have a finite set, but you want more? What if you want data that doesn't exist? Okay. Well, now we're into a new area. Right? Now we're talking about generative AI, so to speak. That's not the right word for it, but we're talking about AI creating things from finite sets that didn't previously exist. And one of the things we're working on is emergence or or sentience or consciousness. And we're we're working on that by combining biological systems like neurons or they call them organoids with silicon based, computational systems, right, that LLMs run on. And through this combination of a nondeterministic biological system integrated with a deterministic silicon based, computational system, our our theory is that that might give rise to some form of sentience or consciousness in in the sense of, nondeterminism. Right? That's that's... If you're a determinist, you're not gonna like this paper because we're theorizing that sentience is nondeterministic and that we can recreate it to some extent by integrating nondeterministic systems, into the waiting mechanism of LLMs. So that's what we're doing. And we're also gonna create... You know, we're gonna build, like, research agents as well for academia, reason agents like deepseq r one, but specifically for certain fields. So we're we're doing that there, but I I... We're over time. So there are a ton of examples of that, though, if you want... If you wanna look into it. I would actually ask an LLM about that.
[1:33:26] Dave @DCBK2LA: Good stuff. You know? No. I appreciate it, man. You you know what I'm realizing? I feel like we need we need... It's either we gotta combine ATC with, like, an AI component or we gotta create a new daily AI show because there's just as much happening in the AI field, if not more. Right? Then there is, happening with some of the non... Like, we talk about some bullshit stuff. I know, like, you know, from time to time here in crypto where it's just drama on the timeline. And there's news, don't get me wrong, relative news, but it gets a little repetitive sometimes, and and regulatory stuff isn't as sexy. But the AI shit, I feel like, is just advancing at such a crazy pace that there's... Literally, every day, there is something else. And, guys, like, please, like, check out... And I have this all on tap. Like, you guys know me. I live out here on Twitter spaces. Tomorrow, I got two massive spaces. Sun pump early in the morning. We're gonna be talking about not just memes. We're talking about blockchain AI, AI agents as well. Later in the day, it's gonna be with ThinkAgents. These are the guys that I went to go see when I was in Eat Denver. I spent the whole day at Dawn of the Agents, and I spoke to the who's fucking who of the decentralized AI world out here, the Morpheus team, the Think team. I mean, we had David McDonald on. You guys saw last week to to cap off our show. It was nuts. I'm telling you guys, like, follow us here. Follow me here, Landy, Cool, Scott, Zeno, Bread, Heatto, Remedy, everybody that's up on stage. I'm telling you, this is gonna be some of the craziest stuff in the... In these upcoming days and weeks that we've ever seen in crypto and both in AI as well. So, Landy, I appreciate you. Cool. Obviously, went to go. Guys, tap in. Cool. Probably started to stream about five minutes ago. Scotty, as always, I appreciate the fuck out of you for coming through, man. Would love to see you more on a regular basis here if you can make it. Zeno, thank you for the insight. Remedy, great question. Hito, as always, and Brad, make sure you get my Billy bets, bro. Make sure you get my man ready because when March madness comes around, I'm a need those fucking bets. I'm a need Billy on point. Alright? Guys, thanks for coming through. Hopefully, everybody has a great day, and tomorrow is our last ATC episode of the week. So don't forget to tune in at 05:30PM EST. Alright? Peace.

Auto-transcribed. Speaker names are voice-match guesses and may be off.