All Things Crypto: HACKS EVERYWHERE

# All Things Crypto: HACKS EVERYWHERE | 2025-04-21 | https://x.com/i/spaces/1mrxmPWpEqZJy | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:00:18] Dave @DCBK2LA: God, I hate that music, but I don't have any music to play because my MacBook is fucked. What's up? No credits? Yeah. There's not much to... No music to play. My laptop is fucked. So, yeah, it's just me hanging out. You know? What Laco? What up, no credits? What up, Vincent? Yeah. No music. Sorry, guys. I don't know if you wanted to listen to that shitty ass music in the beginning, but I personally hate it. It sucks. Yeah. The downsides of, you know, giving hackers, full access to your computer like a fucking idiot that I am, yesterday. So with that, I'm just fucking putting some threads together and everything in the background. But, yeah, man, let's just wait till everybody kinda piles in here, and, we'll start cooking in a second for the show. What up, true media?
[0:01:27] Dave @DCBK2LA: Wait. Did just see this right? BTC jumps and XRP dips. Ain't this some shit? Oh, snap. In the building. What up, Bildo? Sorry, guys. I have no, fancy music today because my laptop is. But, yeah, guys, feel free to come on up. Say what's up. Askar, feel free, man. Bildo, what's good, bro?
[0:01:49] Bildo Verde @BildoVerde: What's up? Long time no talk?
[0:01:51] Askar @0xAskar: Yeah.
[0:01:52] Bildo Verde @BildoVerde: Happy Monday again.
[0:01:54] Dave @DCBK2LA: Yeah. Still Monday. Still Monday.
[0:01:57] Bildo Verde @BildoVerde: Still Monday. Yeah. How are doing?
[0:02:00] Dave @DCBK2LA: I'm good, man. I'm good. I'm just cranking out some threads. I just put out a thread on the Independent AI Institute, some members there. You know what I mean? Like, trying to get some people involved so that, you know, people can genuinely, like, start understanding this shit. You know what I mean? So, yeah, it's good shit.
[0:02:17] Askar @0xAskar: What's up with you?
[0:02:19] Bildo Verde @BildoVerde: Hi, Sean. Been a nonstop day again.
[0:02:24] Dave @DCBK2LA: Welcome to the working class of web three, bitch. You know, it is what it is, bro. We work out here. What's up, meta beast? You good? Long time no speak with you too.
[0:02:38] MetaBeast @AKCMetaBeast: Yeah. I know. God. It feels like... I don't know. Ages.
[0:02:44] Dave @DCBK2LA: Yeah. Feels like ages. This is also awkward without, like, music or anything. Right, guys? Like, sorry. I have no music today. Oh my god. I just realized that Junie has officially been silenced if I can't really access... For you guys, at least, I can't really act. There's no sound that comes out of my MacBook, so they've muted Junie. Oh, shit. Right?
[0:03:04] MetaBeast @AKCMetaBeast: See, I knew there was something going on.
[0:03:07] Dave @DCBK2LA: She was just starting to cook too, man. Like, she was fucking... We had, like, the real Junie. You know? Damn.
[0:03:12] Askar @0xAskar: Damn. You just killed you killed your any, bro. You killed your any.
[0:03:17] Dave @DCBK2LA: Oscar, what's good, bro? How you doing?
[0:03:19] Askar @0xAskar: Not bad, man. How you doing?
[0:03:21] Dave @DCBK2LA: I'm chilling, man. You know? Same old. Same old. I feel like I I don't get the vibe when there's no music, guys. Right? Like, it's different when you come into a room, and it's just like, hey. What's up? It's like it's
[0:03:30] Askar @0xAskar: like real life.
[0:03:32] Dave @DCBK2LA: Yeah. It's like the water cooler. Like, you just walk over. You just see somebody like, hey. What's up? I feel like I'm at a job right now. Like, all you fucking look like a sloth, the bunny, a fucking puppet, and it's just like I walk over. It's totally common. I'm like, what's up? And then just walk back to my desk. Cool. What's up, sloth?
[0:03:50] Kool @koolcryptovc: Hey. Hey. What's up? What's that guys doing? Happy happy Monday, man. Hope you guys doing okay. Let's go. Ready for the show. What's up, Landy? What's up, everyone? How you guys doing? Let's go. I'm ready.
[0:04:01] Dave @DCBK2LA: Let's go. Cool. Let's go. Landy, puppet. What's up?
[0:04:04] Landy @CryptoLandy: What's up? I feel like I just saw you. Like you were live somewhere with a whole lot of people watching. Congratulations. That show was great earlier, by the way. Hey. You know, I'm I'm watching the markets, watching people have bipolar takes. We're so back. It's so over. Oh my god. It's falling now. What are we gonna do? It's over. Nope. Nope. It's back. This this one minute candle is off. Oh, man. We're so back at Valhalla. It's here almost. Oh. Oh, no. It's gone again. Yeah. So it's been fun.
[0:04:44] Dave @DCBK2LA: If somebody actually goes through that on the daily, like, I feel so sorry for you, like, that is miserable. Oh my god. Imagine some of that. Yeah. Motion.
[0:04:54] Landy @CryptoLandy: It's it's insane to watch a timeline. Like, it it... Literally, the same accounts that were just... It's... We're so back earlier. We're at eighty eight four hundred. We're so back. And now they're like, oh my god. It's so over. Did anybody look at traditional markets? They're dumping. Oh, no.
[0:05:12] MetaBeast @AKCMetaBeast: How many how many of them said, I'm done. I'm out of here. I'm leaving.
[0:05:17] Landy @CryptoLandy: We haven't hit capitulation yet, not a beast. Not yet. We haven't... They're not they're not in the doldrums of sorrow just yet.
[0:05:24] MetaBeast @AKCMetaBeast: Oh, but I mean I mean, the ones that say that and then that are back three days later.
[0:05:29] Landy @CryptoLandy: Oh, well, that's a lot. I mean, that's most of crypto
[0:05:31] ALEX DAMSKER @AlexDamsker: x rays.
[0:05:32] MetaBeast @AKCMetaBeast: I know. I can't stand that shit.
[0:05:36] Dave @DCBK2LA: Yeah. We tell you how we really feel out here, kids. That's right. I mean, even Cool's on the timeline yelling at fucking founders. He was like, what the fuck is going on out here, guys? Like, who did... These founders are calling people names. I was like, oh my god. Like, shit is... Cool. Cool. What's going on over there, bro? What the fuck is happening? Keep talking about
[0:05:54] Kool @koolcryptovc: No. My... It's... Today's today's... Like I said, crypto industry. Yeah. I'll I'll say, crypto Twitter is like... It's it's better Netflix, man. I mean, I'm this serious. It's so entertaining. Today's fight was between influencers and founders. Yes. I I just... Now I was just reading that some of my people, they go back and forth, attacking all the fighting. It's... At the end of the day, what's happening is liquidity is low, bags are down, people are not making money. That's what's driving the the bearishness with just just the toxic behavior in crypto on crypto. I don't I don't I don't join it. I I just watch and entertain. Guys, remember, I always say, like, there... There's... There are over 56 projects on Kaito or whatever. There's opportunities out there. I don't have time to to be drawn in some bullshit fight. Right? When this money's been made, man? Makes no sense.
[0:06:54] Dave @DCBK2LA: Were the founders calling people names? Like, for real? Like, were they
[0:06:57] Kool @koolcryptovc: Oh, yeah. No. No. No. So it was... Okay. I could tell you. So last year, it was... There's... It happens all the time. It was StockNet. StockNet was calling people e... Ebeggars ebeggars that we we put a drop. And that project is probably... It was probably one of the worst performing projects we've ever seen when it comes to the user because people people just left. People left and didn't come back. They rewarded themselves all the tokens, and all the users got nothing or barely got nothing, and they left. And that... They... I think, Stockdale raised, they raised, like, a $150,000,000, I think. And they had they had, like, they had, like, four projects, and their total TBL on on the four projects were, like, 5,000,000. That's zero users, man. Anybody left. It was... It's a dead chain. I I don't know about now, but last I checked, people left. So today, the high... Hyperlane Hyperlane, it's it's like a version of LayZero. The founder was calling one of the influencers on on chain prostitutes. So that that dude... I mean, he has a decent account, and that tweet went viral. And people would take his sides, go back and forth, but it's just it's just childish behavior as usual from... I call them adult children as I call them. Because these guys are probably 35, 40 years old, but acting like they're five, man. It makes no sense, guys. I said, like, just enjoy the vibe, man. Let let let the... Enjoy... Like, there's so many opportunities in crypto. So I'm like, why are you guys stressing and going crazy over one project? It makes no sense, man. It makes no sense.
[0:08:49] Dave @DCBK2LA: You're also a bunch of on chain whores. You sons of bitches. Meta Beast, what's up?
[0:08:56] MetaBeast @AKCMetaBeast: I just... It just dawned on me that it just... I just realized you can't probably then play what I sent you that
[0:09:03] Dave @DCBK2LA: Yeah.
[0:09:03] Askar @0xAskar: Could probably be
[0:09:04] MetaBeast @AKCMetaBeast: played today. Do you want me to
[0:09:06] Askar @0xAskar: go ahead?
[0:09:06] Dave @DCBK2LA: Yeah. Please go for it. Yeah.
[0:09:08] MetaBeast @AKCMetaBeast: I'd love start the show? Awesome.
[0:09:10] Voice L: All Things Crypto episode 438. The Rugpull Riddler returns. Holy volatility citizen. Whether you're squeezing into your first pair of heroic tights or swinging into the markets with battle worn bags, All Things Crypto is your daily dispatch from the bat cave of blockchain brilliance. Hosted by the dazzling trio of Dave Kool and Nat Nat, joined by regular panel vigilantes, Landy, Alpha Gamer, and Meta Beast, this is where Gotham goes when gas fees rise, tokens tumble, and villains strike. Villain roll call. The rug pull riddler launched bases for everyone then vanished in a puff of off chain smoke. The gas fee goblin strikes when eth congestion is high and patience is low. Captain BC swoops in last minute and somehow still gets the entire presale. Doc's face, nobody knows who they are, but they definitely know your seed phrase. Meanwhile, captain Brute deciphers charts with the accuracy of a batarang, cool buys real estate off airdrops like it's monopoly, and Landy, he's already claimed ownership of three tickers you haven't even heard of yet. So whether you're a DeFi detective, a token sidekick, or just now learning to trust your crypto senses, fear not. Same crypto time, same crypto channel, all things crypto.
[0:10:21] MAR @Mar2477x: It's so good. Oh,
[0:10:23] Dave @DCBK2LA: it's so
[0:10:24] MetaBeast @AKCMetaBeast: I had to do it on the on the tail of the whole Batman candy everything last week.
[0:10:30] Dave @DCBK2LA: So Yeah. You know you know what we could do, Metabase, also? Just so, like, so you have, like, like, a constant stream of, like, content or info. Right? Like, like, for new stuff. Because, like, you can only obviously, like... I'm sure it's eventually gonna get, like, super old. I'll feed you, like, the previous episodes, like, you know, top takes or maybe, like, whatever outtake moments or, like, some wild shit that one of us on here has probably said because we probably do that every single day. Yeah. So this way you can kinda, like, know, forge the next one. You know what I mean?
[0:10:59] MetaBeast @AKCMetaBeast: Yes. That would... That'd be great. I have been trying to, you know, make little notes here and there. Like, what I said in magic crypto hour about Landy, he doesn't drop the mic. He slams it down.
[0:11:14] Landy @CryptoLandy: Was frantically looking for my phone to throw emojis, but I had walked away and left my phone in another room. I'm just wandering around my house, like, where's my phone? I wanna throw some emojis. This is hilarious. And, yeah, I couldn't. But, yeah, that was actually really great.
[0:11:31] Dave @DCBK2LA: Hey. You know when you're on other platforms and you're like, well, you look down, you're like, wait a minute. No. This isn't the same. I don't know what I'm doing here. There's no emojis. You literally speak in emoji reactions. This is crazy. Like, legit. This is how we talk now. It's fucking nuts.
[0:11:45] Landy @CryptoLandy: Fuck. Always throwing always throwing thumb... Thumbs down instead of hearts because my my freaking finger slips. So it looks like I'm just being a jackass to people on stage.
[0:11:55] Dave @DCBK2LA: Yeah. Like, whose idea... Like, what UI UX designer do they got? You know what? I'm not trying to bend my legs. My... Like, my account needs to... Like, yo. Hey. I'm good. Just don't put the thumbs up next to the thumbs down, you fucking psychos. Okay. Cool. Came back. Let's get into it. I don't know if you guys ended up seeing crypto magic hour today. If you didn't, fuck you. If you did, it was freaking amazing. Okay? We fucking talked with Mikey. We talked with Jesse. They got the upcoming mint tomorrow. Think protocol, the think standard, the think agents are coming to life tomorrow on Magic Eden. Obviously, stay tuned there. But really an amazing conversation this afternoon, really what these guys are building. I just put out another thread on the Independent AI Institute so you guys can genuinely see, like, really what this shit is about. And I try and dumb it down and, like, really make it simple because I know it was really hard for me. Like, when I first started getting into this, I was like, what the fuck does that mean? What the hell does this mean? Like, I just didn't know. So I hope, like, that that the the info is super digestible, but Mint is tomorrow. Magic Eden, 11AM. It's a twenty four hour Mint. Vildo, do you have... Like, you wanna maybe kinda just go over some of the specifics, if you don't mind?
[0:13:10] Bildo Verde @BildoVerde: Yeah. Before we do, I just wanted to, like, ask you a question real quick, Dave. But first time I've ever been on Crypto Magic Hour and coincidentally or maybe uncoincidentally, it's your most viewed and tuned into episode that you've ever done of that. Is that right?
[0:13:27] Askar @0xAskar: Coincidence? Yeah.
[0:13:28] Dave @DCBK2LA: The the last one that that it broke the record of was pretty... It wasn't too far behind. I don't remember you being on that one, but, yes, like, yeah, you bring the... Bunny, you bring the crowds. So I just wanna say, so thank you. Yes.
[0:13:41] Bildo Verde @BildoVerde: But, yeah, open Mint tomorrow, 11AM Pacific Standard Time. Mint price is 0.27 eath. It will be open for twenty four hours. You get a piece of art by a guy named basic or a group named basic or an anonymous whatever. Maybe it's a they. I have no idea. It's 2025, so who knows? But art by basic, comes with a think agent as well as ThinkTokens as well. Depending on where you mint, it's a sliding scale. First person that mints will get 5,000 ThinkTokens. Second person would be 4,999, and then it goes down to, like, bottoms out at 2,500. All mentors have a 10% chance of also getting an additional 10,000 think tokens as well. That immediately gets staked leading into their TGE that happens in May.
[0:14:42] Dave @DCBK2LA: Let's go. Yeah. And if you guys haven't, I'm obviously gonna break down, like, the entire stream from today, but it... It's worth watching and just listening to because these dudes really are... Like, they motivate the fuck out of me, man. They really... Like, with everything that they're building, like, the way they talk about it, the partnerships that you're seeing them announce, like, I mean, yes, I'm hella bullish on this team, on this squad, on this protocol, on just all things like decentralized AI. But... Yeah, man. MetaBeast, thanks for being on the show today too, man. What'd think?
[0:15:12] MetaBeast @AKCMetaBeast: I... Thank you for let... Having me. I'm I'm glad I was up and around to hear it. Yeah. I'm excited for tomorrow for sure.
[0:15:21] Bildo Verde @BildoVerde: And did you see the the latest announcement, Dave?
[0:15:24] Dave @DCBK2LA: Uh-oh. No. Oh, the metaverse one? The, like, the... I forgot which one.
[0:15:29] Bildo Verde @BildoVerde: Yeah. Comparing this other page. So, like, all things Yuga, Bored Ape Oh. Mutinates. Me bits. There's like a... I think they put out, like, a thing of over 35 different collections that you will able to choose to embody your agent. So if you would like your agent not to just be this, like, floating agent in the Internet, you can, you know, give it a body and let it run around. So... Yeah.
[0:15:56] MetaBeast @AKCMetaBeast: Is is that why he sent the... He sent a link in the private chat to MeBits? Did either of you check that out? I I clicked it. I forgot to look....
[0:16:05] Bildo Verde @BildoVerde: This morning, and then they just announced, basically, all of you the... This afternoon.
[0:16:13] MetaBeast @AKCMetaBeast: Oh. They called beast. Sorry, Dave.
[0:16:16] Dave @DCBK2LA: No. The... Yeah. You might have a little bit of ways to go on that one. But... Yeah. You know, I mean, maybe. Maybe. I I mean, the the AKCV community definitely deserves to be involved in all this stuff because the community is banger. But, anyways, I don't wanna go down Rabbit Hole City. Yeah, man. Guys, check out the mint tomorrow. Someone say Rabbit Hole. Yeah. Someone say Rabbit Hole. Yeah. Check out the mint tomorrow 11AM. Obviously, like, we'll be around if anybody needs help with it. I get it. It's a little bit pricey, but, look, twenty four hour mint, this is the ticket into this ecosystem or one ticket into, like, the decentralized AI ecosystem. But... Yeah, man. I mean, I don't know. Cool. Is this of any interest to you at all? Like, think think protocol, like, every... All all the stuff that, like, we've been yapping about for, like, a few weeks? Like, just curious.
[0:17:02] Kool @koolcryptovc: No. I I think it's it's cool to hear, but I don't I don't have, I don't I don't have any more space in my brain for any more projects, man. I'm stupid.
[0:17:10] Bildo Verde @BildoVerde: That's why
[0:17:10] Kool @koolcryptovc: you need this. No. No. You need
[0:17:11] Bildo Verde @BildoVerde: get an agent to declutter all of that and free up that brainpower to, you know, go do some other stuff. That's... You're the perfect use case for these things.
[0:17:21] Kool @koolcryptovc: No. No. No. No. No. When when you guys talk, I listen and... What... No joke. The the moment I get time, I just kinda go to the... David's page to kinda do what I need to do from there. So, usually, if I'm missing anything you guys talk about, I usually just get it from from from from Dave. You know what
[0:17:37] Dave @DCBK2LA: we're gonna do, Abildo? We're just gonna build the the the Mont, the most monstrous airdrop farming agent ever, and we're gonna gift it to Cool, then hopefully, he'll give us a house.
[0:17:48] Bildo Verde @BildoVerde: Gift it or sell it to him or collect royalties off of him being able to Yeah.
[0:17:53] Dave @DCBK2LA: We we don't say that in... You know, we don't say that to his face, but, like, we put a little backdoor, and then, of course, we collect the fucking crazy. We're gonna build the monster of all airdrop farming agents, and we're not gonna take a little piece. You know?
[0:18:03] Bildo Verde @BildoVerde: You love the backdoor, don't you?
[0:18:04] MAR @Mar2477x: Hey. Yo.
[0:18:06] Dave @DCBK2LA: Alright. Koma, what's up, bro?
[0:18:10] Kkoma @itskkoma: Not much, man. How how was your guys' weekend?
[0:18:12] Dave @DCBK2LA: It's good, man. You sound so docile.
[0:18:14] Askar @0xAskar: It's so different.
[0:18:15] Kkoma @itskkoma: Yeah. A little tired today. But, yeah, did did did everyone already give Cole a shout out for making a ton of money today? No. We didn't get there yet.
[0:18:24] Dave @DCBK2LA: We didn't... I mean, we leave... We save, like, the house buying, like, announcements usually till the end of each show. So he buys a house every episode. So... Yeah.
[0:18:31] Kkoma @itskkoma: I I thought he's he's definitely buying drinks at least at the minimum. But... Yeah. No. Everything's been good. I hit 400 yaps this... Over this weekend, so pretty pretty proud of myself in top of my shoulder. Yeah. Let's see if we could use these yaps to actually boost my mind share in the future. But, yeah, it's been pretty good weekend. A little tired, but can't complain.
[0:18:51] Dave @DCBK2LA: Let's go, bro. Shout out to you, man. Like, that shit was hella motivating. I was like, goddamn, bro. Seeing how many yaps you were fucking, like, just rallying up. I'm like, okay. Fuck it. Like, I'm going into overdrive, so that was pushing me. Like, I've never I've never collected more, like, consecutive yaps in my life. I'm almost at... I'm at 98 right now. So, yeah, like, I'm I'm I'm cooking this shit out here, man. Like, I'm seeing people engage more. I'm seeing more smart followers every day. And, yeah, like, it's... I'm telling you, man. Like, this is something. Like, this is... Like, I... But I enjoy doing it too. You know what I mean? Like, I'm actually learning, like, about a lot more about the stuff that I'm passionate about. You know? So, and, man, the opportunities that you'll be able to see, I can't stress enough, guys. Like, when you start writing, like, really good content, you'll realize, like, oh, shit. Like, there's opportunity here. Like, the Independent AI Institute, if you guys remember, we had Heurist on here, penny. They're, like, a little under a penny and 0.5.
[0:19:39] Voice J: That shit cooked.
[0:19:40] Dave @DCBK2LA: It was at 4.5, 5¢ almost a few days ago. Was like, let's fucking go. So, like, there's gems out here, man. There really, really is. So when you guys interact with our content, I don't I don't... You never hear me say, like, guys, we say, yeah. Like, share, retweet this space. But I'm never telling people push this out. No. No. No. If you wanna engage with the content and you find it interesting, go for it. But I think the content genuinely speaks for itself. Well, cool puts out Coma, Landy, Buildo, like, this is what it's about. You know what I mean? So in... Engage with it, and I think you'll be rewarded in all of these other things, whether it's fucking quacks, yaps, jibs, jab, jib jabs, whatever. We're gonna get rewarded for this stuff. So, yeah, good shit. Yeah. Cool.
[0:20:20] Kool @koolcryptovc: Oh, yeah. Oh, real quick. Yeah. I was gonna say, man. Dave, you... Do you know this dude, Topkat? That's his name. Do you know what that is?
[0:20:27] Dave @DCBK2LA: Yeah. You remember that crazy ass girl? He came in here screaming like a psycho?
[0:20:31] Kool @koolcryptovc: Yeah. Yeah. It it... Don't don't bring him on space again. He he he came on my show, man, on on Saturday, and he made a very nasty racial slur, man. Not cool, man. Not... Well, I mean, I took him off immediately, though. I don't even... I I I didn't bring him up. Like, I was like, I didn't know... I wasn't sure who he was, but I think Samara Samara brought him up. I guess, I don't know why, but they brought him up and he just went off from the quick ratio nasty nasty language, man. I just took him off immediately. Yeah, man. So, yeah, don't don't bring him up up up on stage, man, if he if he comes up anytime.
[0:21:03] Dave @DCBK2LA: Bro, he... You... If y'all remember, he came up the first time, and I was literally listening to y'all that were like, no. No. No. Let him say. And I'm like, I'll let it play, but I was literally fuming at you... At a lot of you guys. And then when he tried to come up again the next episode or whatever, this was last week, I'm like, yo, top guy. Fuck out of here, bro. Like, I'm trying to run the show. There's no way. The dudes are troll. I'm telling you guys, don't doubt my troll meter. Cool. I'm sorry that shit happened on your show, bro. Like, you have to... Like, the guy's literally saying nonsense. We just have to listen with our ears and stop being this fucking... Like, this show is not the polite, politically correct fucking show. It's just not. Like, we're going to give you our takes straightforward. And if your feelings get hurt, okay. I'm sorry. But we're not assholes. We're not dicks about it. There's certain ways that we can go about things. Right? And there's a certain level that we... And a certain level of respect that the speakers carry amongst each other as well. So cool. Fuck that, man. Like, I'm sorry that that shit happened to you, but, yeah, never again, man. And y'all need to start listening to my fucking my spidey sense for control meter. Okay? That's enough of this now. It's seasoned, guys. Like, I have experience in this. Trust me. You know how many times I've been trolled? It's fucking wild.
[0:22:09] Landy @CryptoLandy: Well, I can tell you that your bullshit meter is off the charts. You definitely can pick them pick them out very, very early.
[0:22:18] Dave @DCBK2LA: And That sounded so weird. I was like, wait a minute. Are you calling me a bullshitter? Or
[0:22:22] Landy @CryptoLandy: No. I I was chewing. So I had swallowed
[0:22:26] Kkoma @itskkoma: Dave was silent.
[0:22:27] Dave @DCBK2LA: For, like,
[0:22:27] Kkoma @itskkoma: a hot second.
[0:22:28] Landy @CryptoLandy: No. No. Dave Dave knows. He knows exactly what I'm referring to. He says BS meter is is very, very accurate when people are talking and saying things that that defy their their actions and what they're potentially going to do in the future.
[0:22:46] Bildo Verde @BildoVerde: Is that what you are?
[0:22:47] Landy @CryptoLandy: I listened... Yes. It's like Gaydar for assholes, except he's picking out the
[0:22:53] Dave @DCBK2LA: There's something so wrong with all of that.
[0:22:55] Landy @CryptoLandy: Wait. That's that's a pause. Hold on. The knowledge is getting away from me, Dave. Sorry.
[0:22:59] Dave @DCBK2LA: Oh my god.
[0:23:00] Kkoma @itskkoma: Maybe Landy that's fire advice.
[0:23:02] Bildo Verde @BildoVerde: That's what happens when you don't land the plane.
[0:23:04] Landy @CryptoLandy: Yeah. See, well, we're gonna we're gonna land this one upside down and just crash it. Bye.
[0:23:08] MetaBeast @AKCMetaBeast: Or or I I see we have Ascar back with us.
[0:23:12] Askar @0xAskar: Thank god, Meta Beast.
[0:23:15] Landy @CryptoLandy: I'm sorry. It came out.
[0:23:17] Dave @DCBK2LA: Ask... Yo, Meta Beast, how you gonna throw Ascar? It's the second day up on stage, bro. Like, how you gonna fucking do that to him? Like, that's what you want.
[0:23:23] Askar @0xAskar: I'm that I'm like that mister Krabs meme right now, bro. Everything around me is fuzzy.
[0:23:32] Dave @DCBK2LA: Goddamn. Hello. You know, we gotta have rules for, like, get, like, newbies, you know, like, you've been here one or two times. You gotta get acclimated to, you know, the jokes and then the humor and this ridiculousness of fucking ragging on the fucking host. I don't know how, like, this is crazy talk.
[0:23:48] Landy @CryptoLandy: Hey. We we gotta do it sometimes. Right?
[0:23:51] Dave @DCBK2LA: Yeah. We do. I thought there was gonna be a Delta Airlines joke in there somewhere, like, you know, anything... You know, nobody saw that what happened today. Like, literally a Delta Airlines flight, like, fucking caught flames, an engine on the runway. Nobody?
[0:24:02] Landy @CryptoLandy: Really? Another one?
[0:24:04] Dave @DCBK2LA: Yeah. Yeah.
[0:24:05] Landy @CryptoLandy: Daily occurrence or weekly occurrence?
[0:24:08] Dave @DCBK2LA: I don't know, man. Shit was... It was crazy, bro. It was absolutely nuts. Yeah, man. I I don't know. Anyways, Landy, what's the... Actually, no. Before you put us to sleep... I mean, before you give us the BTC breakdown, let me see. Oh, I did wanna cover one other thing real real quick. For the... I know we talk about, like, Kaito yaps. I mean, look. It's attention stuff. Right? Like, I I genuinely just think it's relevant, like, for what's going on. The thing I will tell you that... And and, Colma, maybe you could speak to this a little more, but I I didn't realize what you were saying when I saw your your your post. And then I started looking at my Twitter feed, and I'm like, what's going on here? I downloaded this extension, and, ultimately, like, you can see now on your Twitter feed, like, from the... With the... It was Yukom. I don't know if there's somebody else, but you can actually see other people. Right? And their names have, like, a number next to it, and it's, like, highlighted, like, in green. Like, if it's, like, you know, off the chart number or yellow, if it's, like, I don't know, I guess, below a 100 or something. But, like, you get to see now who you should be into... It's officially a Black Mirror episode, by the way, who you should be interacting with or should you choose to interact with that you're probably gonna get the most quacks for doing so. And I thought that was really, really cool. Coma, was that your post?
[0:25:26] Kkoma @itskkoma: I don't think it was mine, but I know I know exactly what you're talking about. It's actually a good way to, like, spot scammers too, potentially. I'm not saying everyone that's a low rank is a scammer, but there there are some, you know, text you can do. Right? Like, do you have mutual follow-up... Mutual followers, and then you use this extension to determine their reputation. Yeah. But that's that's... I mean, it's it's also a good way for you to... In the future, Dave, when you're trying to pick a pick a winner, you could ease... You don't have to go through that search functionality anymore. You could just look at their number right next to their profile and see if they're even eligible.
[0:26:01] Dave @DCBK2LA: Nice. Cool. You've been using this too?
[0:26:04] Kool @koolcryptovc: Oh, yeah. No. No. No. Yeah. No. For for sure. I I I like the the XScore. It it it it I like it because it really shows you, like you said, which accounts are are legit. Like, they have the they have the, you know... Because it it raised it raised it from zero to 1,000. Anything below 50 is pretty bad. But but but you you you could tell, man, the guys that have the 9 hundreds, 8 hundreds are... Those are the founders and developers. I guess they all interacts with with with with each other. So I like this stuff because it it shows you who the fake people are because I I did put put in some... I'm not I'm not gonna say the name. Some accounts into my... Just the search and their score. I'm like, you have 300,000 followers, but your score is, like, a 100. That doesn't make any sense. So I was like... That's why you know that they don't have a... They have a lot of fake engagement, man. And I think I like this stuff because new... The projects are using this now to to to help decipher rich content creators, which influence is actually real, not the fake ones. So I'll I'll definitely like it for sure.
[0:27:18] Dave @DCBK2LA: I'll tell you your boy. I don't know if that's your boy or or your girl, but, like, more more of that, bro. We need some more musical instrument. Kids are still playing instruments. That gives me hope for the future right there.
[0:27:28] Kool @koolcryptovc: Oh, no. No. He's he's learning learning the the...
[0:27:31] Dave @DCBK2LA: Is it... What is it? The the saxophone
[0:27:33] Kool @koolcryptovc: or the trumpet. The saxophone or trumpet or something. So... Yeah. Yeah. Yeah. Yeah. He's he's he's playing the the double o seven. I don't know, man. The dude the dude is is interesting.
[0:27:45] Dave @DCBK2LA: I look... Dude, I didn't think they still had band in school anymore. Like, I thought I was gonna be the only, like, four and a half foot tall, like, 12 year... 11 year old that was carrying a fucking saxophone.
[0:27:54] Kool @koolcryptovc: Well, you... But this is why I keep telling you to get married, have kids, bro. Because if you did Bro. You would know that kids are still playing instruments, man. I keep trying to tell my wife to get a friend hook you up, man. So I'm I'm I'm I'm looking. We're still looking for you, bro. No. I got I got you, bro.
[0:28:09] Dave @DCBK2LA: I got you. Crazy. Crazy. Yes. If it... Does anybody else, like, use... For anybody that, like, that we've sent invites to or that's been sent an invite that is actually using this extension, if you didn't know about it, definitely go check it out. I think it's really cool. It just gives you amazing, like, insight into, like, how you wanna operate out here. But, yeah, if anybody has it and likes it and has any feedback, like, feel free to come through, come on I know Bill has just been so busy, you know, on his back cowl tour and bunny tour and future verse tour. He probably hasn't had chance to use it. But, Billo, you will. Eventually, you'll see. You'll see. Landy, what about you?
[0:28:45] Landy @CryptoLandy: I haven't downloaded it to use it just yet. I'm gonna get on the right pedal station to do so. Obviously, I I don't really test too many things out unless I'm on my... On a completely different PC these days. But the the big thing that you kind of alluded to earlier before I was laughing my ass off about you getting married and having kids because, yeah, you you should try it sometime. It's it's definitely fun. Definitely isn't a ton of work that will consume the rest of your life forevermore. But...
[0:29:23] Dave @DCBK2LA: Wait. What are you talking about?
[0:29:25] Landy @CryptoLandy: It's it's rewarding. What? Having kids?
[0:29:27] Dave @DCBK2LA: Okay. I was... I'm sorry. I wasn't sure
[0:29:29] Kkoma @itskkoma: about that.
[0:29:30] MAR @Mar2477x: I didn't mean to...
[0:29:30] Landy @CryptoLandy: Yeah. And then you can teach them... You can have them play musical instruments in your home because they still do have band, as a matter of fact. That's one of the things that hasn't gone away. But, you'd asked about markets. Markets, pretty simple. Traditional markets going back down for a retest of the lows. Bitcoin went up to retest its local resistance just overhead. Below $89,000 doesn't do too much. Daily closes above, be aware, 89 to 92 is kind of the main zone of interest. Anything below 95, I'm still pretty bearish. If we start to see longer term time frames recover, 89 especially, by the end of the week. This is actually pretty key. If we see $89,000 on a weekly close above 89, It'd be 89.01. I don't care. It is going to set the closing low. We have a swing low on Bitcoin set at that $74,420.69 because we love memes, but it's not a closing low just yet. Closes above 89 will do it. That'll also break the weekly downtrend and be a range recovery. That doesn't mean the price can't come back down, but that would start to look really good. Anything below there is just consolidation. That's all we're seeing right now. Is there potential to push up there? Sure. Especially if traditional markets decide to turn around and maybe set a higher low or equal low or something like that. That would look really good. Other than that, we are seeing the decoupling narrative, and there is no such decoupling happening. This is not... Maybe in the future, but there is no decoupling. We haven't decoupled. Bitcoin moved 28% to the downside before traditional markets initiated their move. So, you know, maybe maybe Bitcoin's the edge. Maybe it's like, hey. We're going up and traditional markets are covered, but I I I don't know. We'll see. There is no decoupling. This is just a range play right now. Could it turn into more to the upside? Let's hope so for the bulls. Yeah. And that's pretty much it. It's been a trader's market recently. Not not really an investor's market. There's a lot of fear still, and people are staying away
[0:31:51] Kkoma @itskkoma: from fear. Can I tell you a story? Sure. I I actually bought Tau, or I I I, like, five x leveraged to Tau, like, a couple months ago when I bought it at, like, $2.97, and then it dropped all the way down to, like, $1,165.09. And I was down, like, almost, like, 1,500, $1,700. I was like, I'll just leave this alone. I mean, the worst you can get is zero. Right? So... And then now it's, like, 300 something. It's just it's just crazy how some of these, like, swings in crypto are, and it's like
[0:32:21] Dave @DCBK2LA: Yeah.
[0:32:22] Kkoma @itskkoma: I I feel like in crypto, it's, like, almost like magic land where it's, like, these these huge swings just happen so quickly. Like, if I was in a traditional stock or, like, traditional stock and I saw that kinda drop, I'd be like, okay. This company is going to shit. Right? But it's just... Yeah. Just cryptos as well, man.
[0:32:39] Landy @CryptoLandy: Well, yeah, it's not just crypto right now. You know, we still have very, very high volatility in traditional markets, which is, you know, not crazy to see. I mean, then people are always like, oh, it's so stable. Like, okay. Go look at Tesla stock playing a freaking 50% range. Like, have fun. Like, you could have a lot of fun in these ranges, but it's definitely a trader's market. It's not a it... It's not a clear uptrend. It's clearly a downtrend on the weekly, but an uptrend on the monthly. So everybody's getting confused. Is this the end? Is that the end? Was that the top? It's all over. Nope. We're so back. It's, you know, kinda what I I explained earlier. Everybody's all confused and all mixed up. When in reality, you just need to, you know, have dry powder, get into your conviction plays, play the long term game. You'll be fine.
[0:33:28] Kkoma @itskkoma: But for... At least in Bitcoin, if you say it does hit that that number over potentially
[0:33:34] Kool @koolcryptovc: Mhmm.
[0:33:35] Kkoma @itskkoma: Are you gonna wait until it hits the support line back down to that number to rebuy, or are you going to, like, buy on the momentum up?
[0:33:41] Landy @CryptoLandy: So look at this...
[0:33:42] Kkoma @itskkoma: I know there's not rocket science. I know it's not exact science, but I'm just curious.
[0:33:45] Landy @CryptoLandy: This is... So, here's here's my my methodology. On the weekly, it's a downtrend. If we see a trend break, that means that we have a higher high in the weekly. Right? So the last, lower highs at $88,800, $89,000 depending on the chart you're looking at. That's a key inflection point right now for price for Bitcoin. If it starts to break higher, it's gonna look great for for crypto in general. But it still needs to put in structure on the weekly, which is an uptrend. That's just a trend break of a downtrend. Right? So from there, I'm gonna be looking for higher low, equal low structure. That's where I'm back in. If I see higher low, equal low structure, I'm back in for a very long term swing trade. And when I say very long term, I'm not talking years. I'm talking, you know, days to weeks, for for a for a big play. Other than that, you know, it's just it's just trading. It's shorter term trading. Some swing trades here and there when they're obvious. Other than that, it's scalping if I feel up to it, but that's really time intensive. So, you know, it really just depends on your methodology. On the downside, for instance, on the move down, even though it's a clear downtrend, I still bid heavy on spot at 75,000. Right? Why did I do that? Because it's part of my accumulation plan, which is a very long term, years long plan. Oh god. Mar's here. And then... What's up, Mar? Then, you know, it's more of, like, I'm scaling in a bigger lot sizes on the way down, that kind of thing. So it's really... I don't care if it continues to go down in that sense. But from a trader's perspective, for long term swing trades, I need to see a trend break and then high or low equal low structure either on a swing or a close, and then I'm I'm in I'm in for a longer term play.
[0:35:36] Dave @DCBK2LA: Landy, before... And, Mark, you better behave today. Landy, real quick. Two days ago two, three days ago, I want your take on this because my my market maker hat... Like, just my trading experience, like, just kinda kicks in. And I... And when I'm looking at certain, like, numbers, I saw Bitcoin 24 trading volume at 9,100,000,000, bro. I have never seen in my life have I ever seen Bitcoin trading volume that low. Today, we're at 40,000,000,000. When you make highs on on great... On volume like that, bro, it was never... There was... You couldn't catch me one day that if I was going out at the close and a a stock was making a new high, whether fifty two week intro... Like, the daily, the weekly on record volume, like, really increased volume. I'm like, this is a long position. I'm easily comfortable taking overnight. So, I mean, when I look at this, like, is that something that you genuinely factor in as, the the... Like, that was a... That's a drastic change. 9,000,000,000 to $4,050,000,000,000, that's a big move. No?
[0:36:37] Landy @CryptoLandy: It it is. So the way that I look at it, though, is I look at it on the opposite side initially. So first pass rejection, we just went up and swung the the resistance. We saw the most amount of volume come in there. We got a lot of stopping volume. You probably remember those terms. We got a lot of stopping volume in there, so I took a short term hedge position. I'm already positioned long. So I was positioned from the higher volume on the low, which was relative. Right? It's been very, very low volume the entire time that this has been down in this in this lower range, kinda carving out between macro resistance and macro support below. And I took the the the opportunity today to hedge my long position with a short scalp. Now I'm already out of it, right, because it still looks like it has juice. And I'm I'm in on the long from the low volume retest of the high volume low, if that makes sense. So we had a high volume low. We retested it on lower volume, did not go lower than that. I got in, and I've been riding that position up through the accumulation where I did get a little antsy as volume died because it could go either way at that point. What we saw were a lot of people positioning for leverage on the high volume rise today. I'd not want to long into into the actual resistance. I wanna see the volume come in. I wanna see the retrace. I wanna see support hold, and then I'm back in on the move past that most recent high volume candle. But from a market maker's perspective, I would have been in on the long side at the high volume area because that's where the arb trade is. Right? But from... Because I don't have the liquidity and I don't have I don't have a market up and I don't have other participants to trade with that are that sophisticated, I don't... I play differently these days. But you are right in your thesis on the high volume breakout, but it's a high volume breakout within the range. If it was above the overhead resistance, I would have been like, yes. I'm I'm actually making thumbs up as if you
[0:38:50] Askar @0xAskar: can see it. So
[0:38:53] Dave @DCBK2LA: Wee. Yes. Thumbs up. Now I got you. Good shit. Mar, what's good, bro?
[0:38:58] MAR @Mar2477x: What's up, Dave? Cool. Landry, how are doing, man? Everyone good?
[0:39:03] Kool @koolcryptovc: Good, bro. What's cooking? You ready?
[0:39:06] Dave @DCBK2LA: Uh-oh. Please don't go on the diatribe.
[0:39:08] MAR @Mar2477x: She's so good. I got I
[0:39:10] Kool @koolcryptovc: got two things.
[0:39:11] MAR @Mar2477x: I got two. One is crazy. The other one is crazier. First, you know, the way I see the market, and this is the way I see it. No. No. You have to play it this way. I'm looking at Bitcoin, and I hate talking about prices, but I don't mind talking about Bitcoin price. I could see Bitcoin hitting close to a 100 k again by... And this is now May go away bullshit, but I could see it hitting a 100 k in the next thirty days to to forty five days. But you could see the altcoins are struggling to follow Bitcoin. You know? Ethereum is is trying to tell us the truth while Solana, XRP, and BNB are lying to us. Ethereum is trying to tell us that we are in a massive bear market. It's down 67% from all time high again. And I could see Bitcoin hitting a 100 k, Altcoin struggling to follow Bitcoin, and then we're gonna see that massive retracement, retrace back to around 70 k, maybe 65, and that's where Altcoins are gonna bleed. A lot of you are gonna be crying. It's over. Again, I'm not... The position that I'm holding right now, altcoins, I'm holding it long term. I'm already out of that position. I was out back in January, Danny knows, when I called the this bloodbath that we've had the past few weeks. So, yeah, that's that's the move I see from the big boys pushing Bitcoin to just a lot of fucking hard coins for them to get even a better position and just reset the market. Because for me, Bitcoin is the tool to reset altcoins with Ethereum. You know? I could see Ethereum going under under $1,000 when this bloodbath happens. You know? That's just my take. That's the way I'm playing it. If I'm wrong, I hope I'm wrong because I'm still holding a nice position of all my outcomes. Time, I send this to long... To, you know, Randy and and a few other people, they are. And this is from strong sources of mindset. They're mostly always right. There's a rumor... Not a rumor. They they got confirmation that Gensler, okay, the motherfucker Gensler, is getting a job with a project. It's in the top five. If you take out USDT, Solana falls in there. My biggest guess was USDT. They kind of like, ah. So it's aiming more towards Ethereum or Solana. This would be insane if this motherfucker gets a job with it. But that that news should come very soon if my sources are right, and it's really strong sources, and I'm not talking shit.
[0:42:06] Dave @DCBK2LA: So did... Are these the same sources that told you to go invest in a trucking RWA company?
[0:42:11] MAR @Mar2477x: No. No. No. They actually told me to get the fuck out of it when they heard about it, like, eight months ago. But, no, no, these are guys that are close to fucking, you know, politicians and shit like that, and they're always having fucking meetings with big boys. So I don't know how in the world they are my friends. I... They like me somewhat, but...
[0:42:30] Dave @DCBK2LA: Yeah, man. I don't know how you...
[0:42:33] MAR @Mar2477x: I I I hope... Look. I I hope it's true, man. I don't wanna sound like a clown. Again, it's not coming from me if I tell you, hey. I know for a fact, but it's strong sources. And I don't know what what would be your take for another show or anything. Is... If if this is bullish or bearish, I'm more towards the bearish side. Like, this guy being announced, like, he's gonna work with this Solana or Ethereum. I actually thought it would be USDT, you know, but it doesn't sound like it's gonna be the same. But with the market side... Yeah, man.
[0:43:08] Dave @DCBK2LA: Mark, you gotta go on mute. The wind's too loud. It's too loud.
[0:43:10] MAR @Mar2477x: Yeah. I'm the park touching grass.
[0:43:12] Dave @DCBK2LA: Yeah. Yeah. Yeah. Too loud. Way too loud. Not good for anybody else.
[0:43:16] Landy @CryptoLandy: Hey, Dave. Hey, Dave. Can I go back to being a market maker and ripping clips on freaking volume or what? I I feel I feel extra bearish now. Thank you, Mar. The the industry probably doesn't have a chance at this point.
[0:43:32] MAR @Mar2477x: Because that... That's the way you see the market. You just don't have the boss to say like I do. Mandy, you know you're that bearish. No.
[0:43:40] Landy @CryptoLandy: I am taking it one level at a time, sir. Being logical about it. That's all. But the... Look. It... There's a lot of news catalysts that, I'm sure Dave would like to get into as well because there's there's a lot of good news, and we don't see we don't typically see the good news that that we have been seeing unless we are at the actual high, and the high is already in for now if that is the high.
[0:44:07] Dave @DCBK2LA: Yeah. I was literally just gonna say to you guys, I'm... I don't wanna lose you, but I have to step out of my house for, like, five, ten minutes. So if you guys got some stories, that would be super beneficial if you guys can can cover there. I'm gonna be listening. I just wanna make sure that I... Obviously, I don't lose the space because, you know, the Wi Fi into this, that. So I'm gonna shut off and have to probably reconnect. But, yeah, I just need, like, ten, fifteen minutes. I don't know if you guys got any other stories. Wow. Meditation. What'd you say?
[0:44:36] Landy @CryptoLandy: He said mhmm.
[0:44:39] Dave @DCBK2LA: Oh, I don't even know what that means, actually. But... Okay.
[0:44:41] Askar @0xAskar: Yeah. Right.
[0:44:41] Landy @CryptoLandy: I don't know what that means either. But I know I know that cool's probably... Well, no. Cool's at home. Cool's at home.
[0:44:50] Landy @CryptoLandy: There there hasn't been too much outside of, you know, market news, today, and geopolitical
[0:44:57] Dave @DCBK2LA: Like, anything new or, like, anything new and exciting? Like, do we have anything going on in crypto right now? Like, is... Like, I know Cool's gonna tell me he's farming the same projects. Like, you're gonna talk about bitcoin.com's gonna talk about Yaps. Like, anything new... Well, I'm gonna talk about decentralized AI. Like Yeah. Yeah. We're gonna get to Ascar too because, like, we gotta talk about... I I just didn't wanna get into the whole hack that, you know, I got hacked this weekend....
[0:45:19] Landy @CryptoLandy: Say you got some time.
[0:45:20] Dave @DCBK2LA: Yeah. Yeah.
[0:45:20] MAR @Mar2477x: I do have a question real quick for Landy. How long would it take Ethereum to do that crazy fucking update that he just said about whatever the fuck it is getting out of EVM?
[0:45:32] Landy @CryptoLandy: That's what I was gonna talk about, actually. So probably the most notable news is, Vitalik, floating the idea of moving from EVM to, risk five. Now this has absolutely no immediate implications. Why? Because right now, to move to risk five, there is not enough processing power for, you know, most... There are some high performance processors for RISC processors, but, you know, we're still waiting on those processors to catch up. If he wants to move to RISC five, it's all gotta be done via virtualization or emulation. Right? So that is something where I actually was reaching out to some people in different group chats to see... Kind of gauge what people who are running full nodes think. Right? Because this is a full node thing. It's the... You know, archive nodes, I don't think the overhead is gonna be that big of a deal. For POS nodes, you're you're staking Ethereum, right, for for validators and stuff. So it really comes down to the full nodes and the CPU overhead from emulation because there just isn't the the chips out there right now to have the entire network and this large network actually move to risk five. Maybe maybe, you know, five years from now, it can get there, but it's all gonna have to be emulated in order to do it. Now there is projects that have done this and proven out the concept and and have been emulating risk five to enable what it is that he wants to do, but it's gonna be an iterative process should it be something that is moved to. And then, obviously, there's consensus, and there's all kinds of other stuff that needs to happen. So... Cool. I don't know. You wanna weigh in on this?
[0:47:31] Dave @DCBK2LA: I actually... I... No. What I did see... Wait. I wanna make sure we're talking about the same thing. Was that the story that I shared in the group chat? Essentially, Vitalik with this new proposal saying he's thinking about replacing EVM.
[0:47:45] Landy @CryptoLandy: Yeah. Replacing EVM with risk five.
[0:47:47] Kool @koolcryptovc: Yeah. Yeah. Yeah.
[0:47:48] Dave @DCBK2LA: Yeah. It's crazy.
[0:47:50] Landy @CryptoLandy: It... It's it's nuts. And and I think that it would be a good long term play, especially in the way that he laid it out. But I... It... It's not something that's feasible right now in my estimation from a hardware point of view. It definitely is from an emulation point of view, and I think it's about assessing whether or not that overhead of running an emulator to facilitate risk five is going to see the gains that wanna... That we wanna see there for leaving EVM behind. Right? Like, that's... And then what does this mean for layer twos?
[0:48:31] Dave @DCBK2LA: Yeah. That's that's the question, bro. Because to me, when I hear this, it's like, is all the pressure now starting to get to Vitalik? And now it's all of a sudden like, well, shit. Like, I just watched all of my money pretty much disintegrate. Not that he's fucking hurting for money, but, like, all the... Like, you guys hear us talking about the l twos. Now you're getting l threes, like, eating shit up. So I don't know, man. Maybe he is feeling the pinch. But real quick, I know J Dog came up. J Dog, if you're gonna cook more, please, the floor is all yours.
[0:49:02] Voice J: Yo. What's going on, guys? How are doing? I'm driving right now, so excuse me. The the reception's kinda bad. But, yeah, I did hear some of the things that Mar was talking about. I think it's pretty ridiculous, but, you know, people are gonna have their opinions on the market. I think it's hard to justify which way it's gonna go. Obviously, I I keep on watching Landy's videos, so that gives me a good, you know, it gives me a good base of, like, where where those levels are at that we should be looking for. I'm strictly Bitcoin. I mean, you guys know me. You probably already know me. I'm J Dog. I mean, mean, I just focus on Bitcoin and DOG pretty much. And I'm more interested in... I don't know. I guess, where things are headed now. I don't know. I've... One of the metrics I'm looking at right now is the Bitcoin dominance chart. Kinda seeing that we're we're approaching a five year high, close to 64%. And I I talked... We've talked about this before at Landy, but I think we're at this stage in the market where people realize Bitcoin is is digital gold. Bitcoin is the asset that big institutions and retail wants to hold for the long term. And we're barely getting it to the point where we're we're basically now approaching the protocol layer where a lot of things are being built on on top of Bitcoin, where you have ruined protocol, the ordinance protocol, and now different meta protocols like al... Alkins. So I was actually curious. I don't know if, Landy, if you looked into Alkins and what's your opinion on it because that's something that's very new that just launched recently. And I know Arthur Hayes is behind this, so I don't know if you guys have an opinion on on that meta protocol by chance.
[0:50:39] Landy @CryptoLandy: I'll I'll be honest. I I don't have an opinion on it yet. It's more like evaluate and see where it goes. The same the same kind of methodology that I had with Ordinals and the Ordinals protocol and not Ordinals, the the the, quote, unquote, NFT of Bitcoin, which, by the way, don't call them NFTs. They're ordinals. But they get... We all get really really salty about that. NFTs on Bitcoin? No. No. No. They're ordinals. But, you know, it's it's one of those things where, you know, there is innovation on Bitcoin, but it's it's... I think what's more important is what's happening around Bitcoin because you have so many layers that are focused on building for Bitcoin, right, to unlock the liquidity, whether it's Stacks, whether it's Babylon, whether it's Arch, whether it's, you know, any number of protocols out there that are being purpose built on these other chains or entirely new chains or entirely new layers in order to facilitate, the proliferate... Proliferation of Bitcoin's liquidity. And I think that's more important than anything else. And I think that that might be part of the reason why we see what's happening with Vitalik. Because if he wants to capture more than just TVL and stablecoins, which is primarily what is being captured right now on l one, he's gotta make a move. They they have to make a move. And and what... How does the Ethereum foundation... Because a lot of people don't seem to understand that he can be the driver forward for a lot of the innovation, But it's up to the Ethereum Foundation and consensus on the network to actually implement this stuff. And moving from EVM, which, by the way, there's a bunch of Bitcoin people building EVM, compatibility layers that are are already in place. Right? I mean, look at Babylon protocol. Like, it's it's all EVM based stuff. Right? Is the primary route that they've taken for proof of stake? How does this change? Right? We know there's gonna be backward compatibility, when moving to risk five. Is it something that's actually actionable? Is this just theoretical? Like, where are we in that kind of a a place? When it comes to building on Bitcoin, anything that's built on Bitcoin is gonna eventually make its way to all these other layers, all these other networks, whether they're completely separate networks considered altcoins or whether they are layers built on top of Bitcoin or Bitcoin adjacent protocols, whatever we wanna call them. Right? That's all in an effort to unlock the liquidity in Bitcoin so that you can get that on your chain and show the volume, show the TVL, show the liquidity, and get investment on your speculative asset that's powering that thing. Because reality is that every single chain is overvalued versus what... In terms of the token that is fungible on each and every one of these chains is overvalued versus the transactional volume on the chain. Now some would argue that Solana reached a height because of the transactional volume. That's why the speculative value of the token went up so much, right, because of its use and its investment and its speculation that it would go higher and that it will go higher in the future. That same appetite isn't something that we're seeing on a lot of old chains, though, because most haven't tailored themselves to be casinos. Right? And it's... You know, they... They've proven that they can be and that they wanna go that route even though they have an entire DeFi ecosystem. So that's where things get really interesting. Because do the speculative values collapse as Mar would would hypothesize here as Bitcoin dominance rises and Bitcoin becomes more in demand? What happens when states start to jump on board? What happens when countries start accumulating Bitcoin? Do we see the knockoff effect of, hey. Bitcoin is rising so fast. I have a unit bias. Let me go buy these other cryptos because they're gonna go, or is... Are they gonna collapse based on their true value of transactional volume on the chain? That's what I'm waiting for, and I don't have an answer. And I don't know anybody that does. There's good inform... Informed opinions, but that's about it.
[0:55:23] Voice J: Yeah. Basically, where I I see it is... Basically, what you've been talking about is we're at the stage of Bitcoin's adoption where we're kinda eliminating a lot of the vaporware and finding out what's true in the market, what actually has a use case, what's interoperational with with Bitcoin. And this this era is about unlocking the liquidity of Bitcoin, which is why I'm so invested into the the meta protocols meta protocols that are being built on Bitcoin currently and not so invested in Altcoins until I actually see what sticks around and what actually has true value, which I don't know what it... What will stick around. I don't even know if ETH is still gonna stick around if they don't if they don't shape it up and kinda become more interoperational with with Bitcoin. So, yeah, those are kind of my thoughts. I don't see Bitcoin going down to 70,000. I think it's been holding up extremely strong, and a lot of that leverage has been wiped out of both the the traditional market and the the Bitcoin market during this downtrend. And I think we're on on our way up at this point, but those are my opinions.
[0:56:23] Landy @CryptoLandy: K. I mean, look. They're good valid takes. And, well, I could I could argue that it can always go lower. Anybody can argue that. It's an easy argument. Fact of the matter is, you know, we're in a we're in a spot right now where participants in markets are just uncertain. Uncertainty reigns supreme right now. And when we have certainty, especially on the political side of things, I think that's gonna improve sentiment in markets in general. And then, obviously, we have to see follow through with the economic side of whatever is implemented that, that that uncertainty is... When that is solved, what are the the actual economic numbers look like? Where's money flowing? Do people have more money in their pockets? At the end of the day, that's really all that matters because that's what's gonna drive the investment forward. And we're we're still very, very early in the crypto days. Just look at how the traditional markets are trying to figure this out. And and same goes for AI. I'm super bullish on AI. I'm doing everything I possibly can to learn more about future verse and think and Kaido and Quacks and all this stuff because I I... It's not my wheelhouse. I am completely out of my element. I rely on Dave, Cool. I rely on Bill and my... And everybody else. So that's pretty much where it's at for me.
[0:57:54] Kkoma @itskkoma: Hey, Landy. I I think... Well, first, have to make a joke. I was gonna say, Peter, is that you? Should we buy gold instead? When you said Bitcoin's going down? But on a serious note, I am really bullish on this this DeFi a... DeFi project called Anon, as you probably already have seen on my timeline. And the the founder is doing a bunch of, like, GM GM, like, trading where the bot is literally suggesting, like, entry prices, exit prices, sentiment, and, like, all on the fly using his own, like, hey, AIN on service, I would love to connect you with him and, like, maybe... Because since you are, like... I don't know how, like, how much short term training you do in terms of, like, minutes, but I think in general, it is just a pretty good service where you could, like, automatically see bubble maps, general sentiment, and everything. So, yeah, if you're interested, I would love to connect you with him because he's he's been streaming a lot. But... And since you are doing this pretty much all day every day, I think you'd be a good, like, power user.
[0:59:03] Kkoma @itskkoma: But, yeah, I'll DM you on the side, Peter. I mean, Landy.
[0:59:08] Dave @DCBK2LA: Tomo, what's the difference between... Oh, wait. Is Landy talking? I can't hear Landy.
[0:59:15] Kkoma @itskkoma: I I think he might be wrong. Oh.
[0:59:17] Kool @koolcryptovc: Maybe we exposed him that he was actually Peter.
[0:59:21] Dave @DCBK2LA: Yeah. Tomo, what's the difference between... When I look at... Or rather, like, what makes HeyAnon, like, unique, right, other than, like, the rest that are out there? Because I know I've heard you talk about them and compare them to Banker and now... And then Wayfinder. Like, all these different sources, like, what makes HeyAnon? Like, why why did you choose them? Because, obviously, like, you know, I know that you got your finger on the pulse of, like, a lot of this shit. So I'm just kinda just out of cur... Just curious.
[0:59:47] Kkoma @itskkoma: Yeah. I mean, I think for me, the two I'm mostly bullish on is Hangout... Anon and wave... Sorry. Not be fine. The banker. Banker is just one of those things where it was very unique where you can, like, tweet about it, and then it'll just create a a token. And I thought that was really clever and something that people could extend on. Like, I haven't really done as much research on them recently. But
[1:00:11] Dave @DCBK2LA: But there's no real use case there, like, for that. Right? Like, there really isn't much for that. Right? That's gimmicky.
[1:00:16] Kkoma @itskkoma: Yeah. Exactly. So that's why I was kinda like, whatever. So I didn't put too much money into that, well, for what... For whatever it's worth. But to be honest, like, you know, now that Wayfinder is already over, like, in terms of the Kaido stuff, like, I didn't really talk about them too much just because I think they're, like, somewhat competitors to HeyAnon, and I'm more bullish on HeyAnon. But Wayfinder, like, it's it's... Doesn't really... It doesn't do much, honestly. Like, they're charging, like, $18 a month, and then they're charging you to, like, bridge tokens from, like, Solana to Ethereum and back. Like, they're just... The functionality Are
[1:00:54] Dave @DCBK2LA: they building age? Yeah. They said they're building agents, though. Right? I guess Yeah. I guess maybe my question was more around, like, hey, Anon. Right? Like, for hey, Anon, what were the... Like, is it the sources? Is it the sentiment? Because, like, when I was building, like... You know, when I was trying to figure out how to build, like, these agents way back when in the beginning of times, I was kinda like, what do I... Like, what APIs do I give it? What access do I give it? And I'm like, okay. LunarCrush, social sentiment, you know, real time data. Like, what is it specifically that makes you bullish? It just has everything.
[1:01:27] Kkoma @itskkoma: Like, I don't I don't know how... Like, you should definitely check out heyanon.ai and sign up because I think there's still beta access for it. But heyanon is also integrated with another platform called GitJema, and Gemma in itself has full access to Masari, DeFi Lama, Bubble Maps, just a bunch of utility tools, essentially, where you can leverage the the data of, like, crypto, and then, hey. Aon performs the tasks of of crypto. Right? So imagine you have, like, your own, like, internal quant that can tell you, like, when are... You know, give me the top 10 tokens that are gonna be, what do you call it? They're gonna have the, like, investor, you know, like, lockup period ending and how much and, like, give it to me by then. And then based on that, you could tell, hey. Anom be like, hey. Train my tokens at a 10... Like, when it dips 10% and then take a profit when, it increases by 20%. Like, everything... And then they're all... And he's... He did it in a way where, like, he's basically integrated with Hyperliquid. He's integrated with all these other platforms, protocols that exist across multiple chains. So the idea is... Like, he jokingly says, like, I want to just dominate and take over and, like, every single protocol, like, and chain is gonna be integrated with HeyAnon. And so far, it's been pretty... Like, it's pretty... Like like, for a beta app, I would say, like, it's way ahead of things like Wayfinder, which... And, like, to be real, who's really using it right now? I don't think anybody is. And once he fully integrates with, like, the trading platforms with, like, GMGN, where users can, like... You could see, like, which calls are going in and their their track history of, like, what are they... Like, at what point do they do entries and what point do they come out. Like, there's just so many more levels to what HeyAnon is doing that, like, even if it... If it's able to get into, like, that professional grade where you can start charge... Like, where you start charging for these services.
[1:03:32] Dave @DCBK2LA: That's what I'm saying. That's where I see it. Right? Like, I don't see that as, like, a commercially applicable thing to, like, the masses of crypto users. I see it as very... I guess, I don't know. It's, like, more institutionalized, I
[1:03:44] Kkoma @itskkoma: guess, He in a said it like this. Like, he wants to do... I mean, this is coming from Danielle. But, like, whenever I talk to him, he says it's gonna be like Microsoft Word. Like, everybody uses Microsoft Word, not just businesses. Right? And there's gonna be a scenario where in the world, like, where he envisions, like, everybody using Hayon... Anon in that way, like, ChatGPT almost, but for, like, transactions. And, eventually, like, humans aren't gonna use HeyAnon. Like, agents are gonna use HeyAnon to talk to each other and then pull tasks. So that's, like, the ultimate vision of, like, global dominance, basically.
[1:04:19] Dave @DCBK2LA: Yeah. I mean, I... Like, the fact... Like, I I know that we, like, we talk about a lot of this shit, but it's, like, it's all kinda correlated. Right? Like... And the way I see it is, like, agents are going to run all this shit. Right? Like, bottom line, like, that stuff that you just mentioned of, like, I don't... I'm not gonna be the one sitting there setting, you know, when it's up 10% or down 15% or trade this. Like, I want all that shit done for me. You know what I mean? Like, literally, all of it. So, I mean, I don't know. Maybe maybe, I guess, when we're just too early at the end of the day. But, yeah, like, that's the way I see it, man. I don't know.
[1:04:51] Kkoma @itskkoma: But... Yeah. Like... And the reason... And you asked me why I'm bullish is because it's so ahead of everything else right now. Like, if you use it, Dave, you're gonna... Like, it's just... It just works. Like, I don't know if you saw my post where I was, like, bridging, and then I just put it into Hyperliquid and then just start opening the position, close the position. Like, it just works. And I don't I don't see anything like that right now. And if you can extend on that to, like, agents do... Using Aon, which they could totally do in the future, then it's it's game changer. It's over.
[1:05:22] Dave @DCBK2LA: I like that. Alright. Cool. Cool. Cool. Speaking of cool, what else y'all got across your time lines? Anything that we missed on the... In the crypto world that is literally just silent?
[1:05:34] Kool @koolcryptovc: Yeah. I do. I
[1:05:35] Kool @koolcryptovc: was rich. I
[1:05:36] Kool @koolcryptovc: do have one thing. I was tracking... I mean I mean, not nothing new, but it's re... In the past recent... Probably last two, three months, we've seen we've seen a struggling token prices, especially when they launch on Binance. Right? So what do you guys think about the last the last 30 or 40 projects that long term finance are down 70 to 90%? How do you guys think this could be solved? Because it doesn't make any sense that a project comes out, they get a balance listing, and they go down 90% in two months. How do you how do you solve this kind of issue? Because before, years ago, when projects get a finance listing, it used to be bullish. People people people get get get excited. But recently, probably in the last six to eight months, probably only two, three projects out of, like, sixty sixty sixty, 40, 50 projects are down eighty eighty, 90% within months. So how how... Why did Binance... You know, how did Binance lose its its allure, man? It's a glamor. I don't I don't I don't get it. What do you guys think?
[1:06:52] Landy @CryptoLandy: CZ is not in charge anymore. So... Look. You got a bunch of... There's a bunch of deep state actors in my personal opinion. If you go through that list of who's now over there that they're extraction experts. And there's no vested interest in market making it if supply side pressures are gonna continue to come in. Right? I think that part of it is tokenomics have gone to shit in the past couple of years. And then you have the the pump funonomics also have have turned tokenomics to shit. You got very large... Especially when it comes to, like, airdrop projects, people is... If the project's been established for a really long time, you've got a lot of very large holders who are doing, you know, OTC deals with each other and find somebody on the inside. You can get get your your wallet on there earlier than the others with your supply so that you can dump it out as early as possible. Because it's just... It's... At the end of the day, it's also a liquidity problem. Right? Because they have these massive TVLs of of potential potential price points with no liquidity. And when you strip away the liquidity and and when you take a look at the actual liquidity at the end of the day, it's not really there. There's nothing. It's it's vapor. It's it's it's all smoke and mirrors, and we can say that, oh, on the DEXs, it trades like this. But as soon as you get onto a real exchange, you find out where the liquidity is really at. Because is that DEX liquidity gonna move, or is this a big exit play? And they're just using it as big big exit plays. That's that's what Binance is being used for now. Yeah. They're the biggest the biggest warehouse.
[1:08:46] Dave @DCBK2LA: That's... So Henry just put something in the comments and said, yo. Doesn't Binance take a percentage of the tokens and then dump them right away now? So, no, technique... Like, the the... I wanna be clear. We're talking about Binance the exchange. Right? At the end of the day, like, that's... That... That's a very, very big... Like, I want... Like, I wanna make sure that we're distinguishing Binance the exchange. Yeah. Like, we talked about this last week. You heard Aaron also talk about it last week too when we were on... When he was on here talking about there's just a fundamental break in, like, what we deem is like, oh, we wanna get on centralized exchanges. Like like, what Cool is bringing up is exactly what we talked about. Like, when Aaron said, this doesn't make any sense. Right? We've been brainwashed to think because we we discovered this in a bull market that, like, oh my god. Like, this is amazing. We need... Like, you got an exchange listing? Wow. And, like, people are literally, like, forking over their fucking firstborn kid because they fucking... Because they wanna get listed, like, on an exchange, and they're taking this liquidity, and they're not even really making markets in them. They're not. The the job of a market maker is to provide liquidity where it doesn't exist. And if I'm the one paying me, the project, if I'm the one paying you USDT along with giving you the equal amount of tokens, Motherfucker, you better be making a damn market and, like, if there's sell pressure coming in from other places. So I think everything you guys are hearing up here is the reason, but it's a comp... Like, it all has to make sense. If you have tokenomics that say 80% of your token's gonna hit the open market at TGE, you're fucked. You're not gonna go get a fucking... You're not gonna go pay a market maker at Binance. You wanna be able to have the... Like, look what happened to, like, to to Mantra. Like, legit. Sorry. Cool. I don't mean to bring... Like, you... Yeah. Source... But, like, I think that's the perfect example, though. Look what happened. Like, I watched countless interviews with JP, and he's like, all this is bullshit. Like, the token was fucking... Like like, the majority of it is, like, pretty much locked up. But yet somehow on a low liquidity weekend, something can go down 90 fucking percent. Like, that's the thing, man. Like, the average user doesn't know what market makers do. They don't know the role that they play. And when they try... When they when they understand it and then you look at what some of them do, I know we rag on Marty Party a lot, and it's bullshit, Cole. A lot of the stuff that he talks about is just conjecture. But, yeah, man, like, people really need to understand what the market maker's job is, and then a lot of them are just greedy fucking... They're greedy fucking traders.
[1:11:14] Kool @koolcryptovc: Yeah. I I I did see, like, the the the hype... For example, Hyperlane, you know, like I said, it's the competitor to LayZero. It's coming out probably tomorrow... Next tomorrow. And they they given Binance exchange 6% of their supply. And that 6% of the supply, Binance is gonna give it to Binance users. Those users are going to sell it on day one. And and I think that that's what a lot of the hyperlink users were were mad about, you know, because they've been been here for two two and a half years using the platform. And for for the the project to give Binance 6% of the supply, that's in... That is insane. And I think that's that's also what's happening to a lot of... Guys, take the pinned post. I'm not even playing. Take the pinned post. I I put this up there. You see all these projects, and I think they they they given Binance the supply or all these... All the things... The supply to get listed.
[1:12:13] Landy @CryptoLandy: I have a question.
[1:12:14] Voice J: Yeah. Here. Here.
[1:12:15] Landy @CryptoLandy: I have a question. Cool. So are they giving them 6% of the supply so that they can fund the liquidity liquidity
[1:12:21] Dave @DCBK2LA: pool? Or they give them 6%, and can flip
[1:12:29] Dave @DCBK2LA: it and spin it any which way. That's the... That's a good... It's a really relevant question. But in the grand scheme of
[1:12:35] Voice J: shit Dave.
[1:12:36] Dave @DCBK2LA: Doesn't matter, bro.
[1:12:38] MAR @Mar2477x: Dave, real quick. I'm in a project right Right now, I'm in a project right now. I'm not gonna name it, but I'm in a project right now that they provided tokens to the exchange for the liquidity stuff. Again, I'm not very smart when it comes to this shit, but the project started arguing with, big big shit. The exchange, but we gave you tokens.
[1:12:58] Askar @0xAskar: They gave No.
[1:12:59] MAR @Mar2477x: We we need more. We need more. Why? Because they already fucking sold them up. That's what they needed more, and they're like, delistas.
[1:13:06] Landy @CryptoLandy: Well well, here's the thing. So if if you're giving... Any kind of an exchange deal... So I'm pretty familiar with this. Any kind of an exchange deal that you're doing, you're gonna fund the liquidity pool, plus you're gonna pay a fee. And, usually, you're not giving them tokens as part of that fee. You're giving them stables as part of that fee. And what's supposed to happen in most cases, unless they're doing, like, stupid deals, which it sounds like they're doing stupid deals, but you're supposed to be... You're supposed to get an allocation to the to the pool. If they're if they're out of tokens, the price should be going up. Right? Because that that means that the tokens have been bought and either taken off the exchanges or they're sitting in wallets on the exchanges. And now you're overloaded on on the USDT pair, which means that price should be going up. And if if there's, if it's not catching parity with the Oracle, then people aren't taking advantage of the trade there. But that doesn't... I don't... What I don't understand is if a project's giving up 6% of their supply to Binance, the deal should be that they're gonna be funding the liquidity pool with that 6%. If they're just giving that away or allowing the exchange to do whatever the hell they want because they're not reading the contract language, then they're screwing themselves. And any project that's launching that has massive amounts of of, locked up tokens that... One of the... They have massive amounts of locked up tokens, and they've allowed the the DEXs to run wild in terms of low liquidity environment where the price is continuing to go up because they've they've reinjected money the way that Mantra did, which doesn't... It doesn't even matter. Even $10,000,000 worth is is... Can be enough at local support levels to keep price buoyed until other bigger whales come in and start picking it up or other market makers come in because they see the opportunity. And the thing is is we... We're in an environment where we have a bunch of fake ass market makers because they're not regulated. They're not real market makers. They can build their services as such, but they're not. And and real market makers aren't going to be that way because if they do, they're toast. They're fucking done. They won't be a market making for very long. They'll be making they'll be making deals for honey buns in prison if that were the case. Uh-huh.
[1:15:30] Dave @DCBK2LA: So... That's a buildo shot.
[1:15:32] Landy @CryptoLandy: It's just not it's just not realistic. And and I think that that's where we get confused as as even participants in this market figuring out who's a real market maker and who's not, and what is Binance really doing? Why aren't they allowed in The US on the Binance US side? Why are they completely locked out? Well, if they're doing shit like this, then now you know why. Because if it's in the contract to do something that's shady, that would not cut would not cut it here in The US market, then they're gonna have to be completely out until they start getting real market makers on board and they start doing real contracts that aren't breaking what would be FINRA, SEC, and a whole host of other kinds of rules.
[1:16:15] Dave @DCBK2LA: Yeah. And and I'm a I'm a go to Coma right now, and then for the last, like, twenty minutes or so, I'll kinda fill you guys in on what happened yesterday, and then hopefully, Asgar can paint a really good picture for us about what I could have done to prevent all this shit. But, Coma, real quick before you go, like, that's the thing, Lenny. Like, market... Like, on Wall Street, it is one of the most... You get a seat on a trading desk, it is one of the most coveted seats in finance. Period. End of story. Like, my life literally, like, could have been set money wise. Like, if I would have stayed on walk... Like, no question in my mind. Like, I would have been probably retired fucking ten years ago. But, like, those make no mistake because there's no regulation. And I've spoken to these, like, quote, market makers. Oh, we could do this. We could do that. We'll make this market for you and this and that. They couldn't tell you the first fucking thing, right, about any of it. Their focus is how do I make money off of these deals? Not how do I make money off of your order flow or by making a market. How do I make money by collecting a spread, buy on the bid, and sell on the offer where the average Joe Joe Schmo is doing the opposite. Right? That's how it works. Market makers make spreads in volume. And when you have volume, like, you remember, like, Shiba Inu getting listed on Coinbase, that is exactly why. That's what you want. You want hype. You want volume. And because cool, there's no volume anymore, that's it. They're they're dropping 90 something percent. That's the reason why. But, comma, I appreciate the patience, man. Go for it.
[1:17:46] Kkoma @itskkoma: No. I think, Randy was mentioning the mantra as well. Sorry, Cole, again. The... Like, did you watch that interview with Coffeezilla where he he was just asking him, like like, there's so much stuff that happens behind the scenes, like the OTC deals. So, like, you do these OTC deals where it's, like, large amounts of money. And then with the money that these these projects get, they just inject it back into the market just very slowly. Right? And then Co... Coffeezilla, like, ask them, so you're just pumping the price. It's like, no. No. No. No. We're market making. Like, we're just... We're protecting the price. We're not we're not not we're not increasing the prices. Okay. You know, it's just like
[1:18:26] Landy @CryptoLandy: I I watched this. And look, he's... Because he's got one foot in one world and one foot in the other. Would... If he... If this was your company and you were getting investment into the company and reinjecting into a stock buyback, you actually have to announce that. There's, a procedure to go through, and you have to And declare and and in the crypto world, you don't have to do... But it is something that is normal, and and you do it with a third party. You don't do it yourself by buying the token. You you you do it via a market maker who you can have go one-sided liquidity. You can single sided liquidity a market. That's not a problem. The problem is the manner in which it was done by rehypothecating all these tokens because what they were doing likely was taking and buying those tokens, doing more OTC, then reinjecting buying, doing more OTC. So they're basically just undercutting their own freaking market, which saps liquidity out of the entire system. It's stupid. It's the stupidest thing. That's why the that's why the pools were so damn thin. And that's why when they went to actually have a legitimate pool, it got absolutely r worded because that's what happened. They got their... Yeah. That...
[1:19:40] MAR @Mar2477x: Yeah. It's not gonna
[1:19:41] Dave @DCBK2LA: go the art code. I don't even know what that is.
[1:19:43] Landy @CryptoLandy: You know, they they were involuntarily fucked.
[1:19:47] Dave @DCBK2LA: Yeah. Got it. Got it. Got it.
[1:19:50] Kkoma @itskkoma: And how does that work, Landy, with, like... Now we have these, like, very, very low liquidity pools decentral... In a decentralized manner, and now we have these also in this... In finance. They won't they won't survive. Yeah. Exactly.
[1:20:03] Landy @CryptoLandy: They won't survive.
[1:20:04] Dave @DCBK2LA: That's it. That's the bottom line. They will not fucking survive. And that's sad. Right? That is sad. And this is why, like, it's important that, like, when you guys put your money towards something, like, you look at the team, the team of people, who's behind it. Like, there's such a... Like, the checklist is... Needs to be endless if you're putting in any, like, significant amount of money. Right? Because I'm not saying you're gonna be able to call and spot everything. No. Absolutely fucking not. Like, shit's gonna happen. Like, you could have the per... What what seems to be the perfect plan on paper. But at the end of day, like, there's certain factors that you might not be able to see or the... Like, but you take... Like, that's that... That's the cost of doing business at the end of the day. You know what I'm saying? It just is what it is. But you guys can control, like, how you vet projects, like, what they're about and so on. But...
[1:20:48] Kool @koolcryptovc: Yeah. Good question.
[1:20:49] Kkoma @itskkoma: This is hard, though, Dave, because, I mean, you know, cool is not, like... I would say Cole's a pretty, like, way advanced investor, not in terms of just, like, understanding projects. Like, he he did his research and everything, but it just shows you that even... As smart as you are, there's there's so many holes and gaps that you just can't see, and that's that's the crazy part. Right? It's like
[1:21:12] Landy @CryptoLandy: I'm gonna be really short. I'm gonna be really short because I want Steve to talk about what he wants to do.
[1:21:16] MetaBeast @AKCMetaBeast: Yeah. You are... We know
[1:21:17] Dave @DCBK2LA: you are.
[1:21:18] Landy @CryptoLandy: Oh, wow. Wee. Alright. So jokes aside, which that was a damn good one. The the... This... The way to solve this is if you're gonna... You know, when you do a raise, it needs to go directly to the liquidity pool. If you're if you're a new project and you're gonna do raises, you gotta you gotta you gotta bite bite the bullet and actually do funding of the liquidity pool and generate your fees from the liquidity pool. Stop doing the bullshit because if you fund it directly from the liquidity pool and that's how your funding is from the fees, then you can actually build a stable project and you can tailor your tokenomics around that first. And we're not seeing that. We're seeing that they wanna get paid, plus they wanna provide a little liquidity, and then they want the token generation hype, and then it all collapses on itself, and then they're left they're they're left swinging. And that's exactly what's gonna happen over and over again because we've gotten on this train, and no one wants to get off.
[1:22:20] Dave @DCBK2LA: Yeah. Facts. Yeah. Listen. It's where it's where we're at right now. But, yo, I just wanna shout out... Yo. I'm starting to see a few back cows in here now. I like it. Yo. No credits was good. Meet Angel, the crazy motherfucker. I love Angel. What's good, Angel? Flaco was good. Garen's in here. Hey. Hey, Coma. We have a Yea Anon back cow that's in the house. Shout out to the back cow crew. Appreciate y'all slapping through. Okay. I didn't wanna belabor this. It was a really... Like, I'm trying to, like, move the fuck on from yesterday, but it was a really, really rough day for me yesterday. I... Yeah. It happened. I got fucking hacked yesterday. My entire fucking MacBook off of, like... I mean, the dumb... It it was completely my fault. I thought I had a... Like, I was getting DM'd earlier in the week from what I thought. You guys have heard Alex Danske on this space before. I thought that she had started a a Twitter page, with this name that we had discussed. Right? Unfiltered founders, and that she was launching the show. And she was talking to me from that account or so I thought. Right? I didn't corroborate it, and said, hey. I wanna invite you on the space on this day and this day. Okay. Cool. Yeah. No problem. Of course, I'll be there for sure. Like, let me know. Awesome. Awesome. Awesome. Now I'm thinking, okay. It's on... We're not on Telegram. It's on Twitter. It's fine. Like, I'm good. Come yesterday, I have a million and one things going on on the weekend. Right? Like, I mean, every day. But when you... When you're extra busy and you don't have, like, the mind... Like, you hear me say all the time, like, just stop for a minute and just, like, really just chill for a second and just, like, really ask yourself. But I get it. Like, when you're in the thick of it, like, you don't, like, you're juggling a million things. You don't really think to just stop, especially if it's something that, like, you've already convinced your brain. Like, this is... Yeah. Alex, like, I'll be there. So when she messaged me and was like, hey, man. Like, we're wait... We're all waiting for you. Like, you know, it's like... And I'm like, oh, shit. Like, I didn't realize I was I was late. I go to the thing. She sends me, like, the meeting link via Twitter. I think it's cool. Okay. Fine. I think it's a Zoom link. I open it up, and it's some shit called Huddl. And I'm like, the fuck is Huddl? Like, I'm like, yo. Alex, what is this fucking janky ass fucking thing? She was like, I have no idea. She was like, this is somebody else's thing and blah blah blah. And I'm like, that's a little bit weird, but I'm doing a million and one other fucking things. And she's like, but we've been waiting for you. And, like, there's one thing that people know about me is, like, I don't like disappointing other people. I don't like, like, I don't like being late to shit. Like, when it comes... Like, if you extend an invite, I'm gonna be there. And that really played on me, and I ended up clicking this fucking thing. It opened up a screen share, and it was trying to connect, trying to connect, trying to connect. To to show you how busy I was and, like, how I was just doing a million things and that I needed to focus, guys, I literally... When it said, like, the the download button popped up and I hit okay, right there, I fucking knew. I was like, fuck. And I heard my MacBook make this crazy ass sound, and I'm like, shit. There's that minute of realization. Now mind you, this is on my MacBook. And now all of my wallets are connected via, like, my browser. Right? So I'm like, it's cool. Like, it's fine. Like, I have... There's... It's password protected. Like, unless they're really fucking sophisticated. And as of last night, like, my buddy who's a a... Literally a former, like, Apple big data engineer fucking dissected this whole... Like, we went down this rabbit hole, and he literally got to the bottom of it. It's this whole fucking... I mean, it's crazy what they do and how it deconstructed my entire fucking browser, every fucking password. And I got fucking... I got cleaned out of a healthy amount of shit yesterday. It was, 10 k in BTC and between ordinals, NFTs, and a bunch of other shit. Like, yeah. Like, my X Verse clean. I didn't realize how fucking shitty X Verse is that I was trying to move some shit out at the same time. I didn't even know what ordinals I had, what I didn't have, old old inscriptions. Like, bottom line, when you hear us talk about fucking hygiene, guys, like, it's important. But Ascar was on here last week with us, and it's just fucking... This is karma. This is kinda how my life always goes. Right? Like, it's always karma like this. But, like, I've learned to roll with it. And, thankfully, you guys heard me say, like, I have one Bitcoin, and I was over the moon. At the end of the day, like, I was smart enough to move that fucking Bitcoin to the cold wallet, like, majority of it. Right? I don't have one anymore, but whatever. It's 10 k less now, but fuck it. Like, at the end of the day, like, I still moved it, and thank god the majority of it is still there. Still hurts. But I figured, like, if there was a time for us to really fucking learn about Fareside, at least for me, it's fucking right now because this really was... And I'm and I'm watching them, like, I mean, wizards of ord that literally I had borrowed from someone that I now have to replace. Fucking pizza pets that, like, I got from a bunch of other... Like, that I literally rallied the troops on. Like, let's do this. Gone. Right? Like, these motherfuckers don't care. They don't care. You're another number. You're another fucking computer. That's all they see. Zeros and ones. And that's what my friend even actually said. He was like, dude, this isn't even in this thing isn't even in text. It's literally in zeros and ones, which is apparently a rare thing. I don't know. But the least we could do now, I'm probably all fucking weak until we embed it in our fucking brains, at least for me. And look. Maybe that's the benefit of running your own show. Ask Gar if he's gonna be here, like, for the whole week. I'm going to listen to every fucking thing he's gonna tell me right now and moving forward of, like, precautions I should take, what the fuck I need to do. I don't give a shit if it cost... Imagine that. I could've fucking avoided this whole thing for $200. I pro... If I remember correctly, he told me for 2% of whatever I want covered. $200 or $400, and I wouldn't have lost my 4... My my my $20 and shit. But... Yeah.
[1:28:07] MAR @Mar2477x: Dave. Yeah.
[1:28:08] Dave @DCBK2LA: Yeah. Mark, can you just give me, like... Let me give him a call.
[1:28:12] MAR @Mar2477x: Go ahead because I I gotta say something important about this.
[1:28:15] Dave @DCBK2LA: No. I know I know you do, but he's also been waiting patiently, bro. So... And he's also our guest. So, Asghar, thank you for being patient, man, this whole time. Yeah. No problem. For making you wait, though, bro.
[1:28:24] Askar @0xAskar: No, man. It was fun listening to you guys. I mean, I don't go on too many spaces and listen to other stuff. I've been listening to a lot of podcasts, but recently, the past, like, few months, I've been listening to spaces. So I kinda like this one, giving a different spin on everything. First off, dude, I'm so sorry. That is that is tragic. I mean, this is one of the many stories I hear about. It is honestly so shit. I was actually on this path of getting drained two weeks ago. You know, this person messaged me saying, hey. We should do a podcast with Faresight, yada yada. You know, represents this big account, and I didn't even ask them if they're from this big account. I should have asked them to hit me up privately from their account, but someone else on my team got a little suspicious, and I was like, Jesus Christ. Why did I not catch that earlier? Nothing happened yet. My point is the same exact way, dude. The same exact way. They're targeting everyone. They're getting smarter. They're speaking English better. They're doing all sorts of things that... It makes it really hard. So first off, I'm so sorry. I'm I'm I'm sorry that I have to be here and after without you being covered. It's not karma. I think it's just unlucky, bro. I think you're you're not the only person because every single person that we bring this up with doesn't buy insurance right away. Even I didn't buy coverage right away. It took me a few weeks to a month talking with the team to buy coverage. So, you know, like, everything you're doing is what everyone else does. For those who don't know, I'm Ascar. I'm from Fareside. Fareside is the first wallet drain coverage platform in crypto. Simple as that. You get paid if you get drained. Right? And there are kind of three main scenarios. We we could try to cover three main scenarios. We fight, like, MMA, some, you know, cringe analogy, but it's the best way I can go about it. M is malicious transactions. Two is... I mean, the other m is malware, and three is address poisoning. It sounds like Dave went through some malware on Zoom. It happens actually Jake. I think his name is Jake Gallen. He's actually gonna be on our Wednesday rec story. He's gonna... We're doing this something called the rec report on Fairs... On Fairside every week on Wednesdays at 5PM eastern. So we're starting it for the first time this week. So Dave, if you wanna be on it, you know, to talk about it with other people as well, talk about your story. We're also gonna be giving away free coverage there. And MMA, Dave, it seems like without going too much detail, I think your situation would have been covered not to put salt on the wounds. But I think your situation would have been exactly covered. Like he was saying, you pay roughly 2% of the amount you want covered. You don't have to cover your own portfolio. You just choose a number. You know? You want 30 k. You want 20 k. You want 10 k covered. You want $2.02 k covered. You just pay 2% of that. And what they would have done if he had gotten covered is that you would go to the app... The DAP, and then say you need to file a claim after purchasing coverage if he had already purchased coverage. And he does a KYC process that's only internal to our team, to the third party. And then he basically explains everything he just explained on here, but in text. Investigator looks into it. He might require interview because he lost a decent decent chunk because anything above a certain amount, we have to do, like, a face to face interview on on camera. And afterwards, our team reviews and reports, and you are one of the very common situation where people gotten drained. And, you know, we've been doing retroactive drains and pay people back. At the end of the day, it's an unfortunate situation. I'm really glad, Dave, you didn't lose everything, and you moved to the cold wallet. I mean, I highly recommend you probably have already moving everything to a new wallet now starting fresh, starting clean, cleaning out your passwords, moving everything that's not even connected to that seed phrase somewhere else. Make sure that when you create a new wallet, you do not copy and paste that seed phrase anywhere. You only write it down somewhere else. Because even with these malware is that... I think a lot of people is sometimes they might copy and paste their seed phrase somewhere a while ago. Maybe they put it on their notes on Mac, maybe they put it on a word doc somewhere, maybe they put it somewhere that they completely forgot about, and then they cleaned it out, they think. And what ends up happening is that malware later on, let's say you get malware three, like, three years later, the malware can actually still look... They can still look for those kind of footprints to wherever you you you you pasted your seed phrase or whatnot. So I think NFT drew, he made a good point. He's like, what he likes to do is kind of annoying. We can do it once a year. We kinda move everything to a clean wallet, kinda copy and paste those steps. You don't have to do it every year, but especially after you get drained, I really highly recommend that. For those right now, one really big thing that I do now is I tell people do not use Zoom. I no longer use Zoom. Anytime someone sends me a Zoom link, I'm like, hey, can we do Google Meet? If they're insistent on Zoom, something's fishy. That's the first side. There's no one that's actually a real good person that says, no, I only wanna do it on Zoom. I'm like, bro, just use Google Meet. Right? All these bots are the only ones freaking out. So I no longer use Zoom as well. That was only a few weeks ago where I learned that. Obviously, for those who are not aware, use revoke.cash to get your approvals checked out. Things linger, and sometimes if there's a platform that you had an approval with years ago, sometimes they get they get hacked later on, and then you get drained. That's a really simple one to do. Revoke. Cash. Yeah. The the Zoom ones are a new a new sophisticated one because once they can... Zoom has a default setting right now, which is really stupid. But there's a default setting for your account, for everyone's account that allows remote access through screen share. Dave, I mean, I think that's what happened to you. Correct me if I'm wrong, hearing from your story. And through that remote access, that's how they kinda go in and install malware and do all sorts of things. That's what happened to Jake. And it's really messed up because Zoom does not actually allow you to disable that feature if your account is under an organization. So the admin of the organization has to disable it for your own account. So it's really messed up. Some people may be more experts on the Zoom thing, but talking with Jake the other day and going through his threads, he has some great threads on it. He's actually now speaking with the Zoom team. Apparently, someone got in touch with the CEO and trying to talk about that, because it is a really stupid feature that they've enabled on default and now causes a ton of problems. I probably see it as, like, they try to make it easy so that when you go into a meeting, you don't have to re enable the setting and then re leave and join. But they've just costed people hundreds of thousands of dollars, if not millions, by now.
[1:34:47] Dave @DCBK2LA: Yeah.
[1:34:47] Askar @0xAskar: I mean, they don't even realize it too.
[1:34:49] Dave @DCBK2LA: Dude. So I I don't think people realize about that. No. It's all good, man. Listen. Like, at this point, I wanna say I'm used to it, but I'm really not because it hasn't happened in so long. And so it was really it really fucked me up. Yes. Like, I was in a bad place yesterday, but what what what I want people to understand is, like, this shit... When we talk about, like, it doesn't become real until, like, it happens to you, that that came for me real quick because there is nothing worse. There is nothing in the world that makes you feel more helpless than staring at your phone or your computer and watching the money come out of your wallet, and you can't do a fucking... And all the notifications at the top, point one three BTC, gone. This this... And you're looking at it, you're like, fuck. Like like, you're helpless. Like, I can't do anything. So, like, I really implore you guys, like, ask our... Like, listen, man. I'll I'll become probably... Now that that two that 2%, that's an annual fee? Like, essentially, like, how does that how that an annual fee.
[1:35:46] Askar @0xAskar: Yeah. So I'll explain a little bit more concise for everyone. Right now, if you go to app.fireside.io, really simple. You go in, you connect your wallet, and you just choose the covered... Coverage amount. You can put it... Input it, you can slide it, and then just put that amount, and then you pay 2%. That's for the whole year. For for the whole year, for just 2%, you get that covered in those three events, the MMA we talked about. Also, what you need to do is that afterwards, you can add all the wallets across the 12 chains that you have, across 12 chains. So right now, you can add your Bitcoin wallet, you can add your coin, you can call... Cold wallet, you can add your EVM EVM wallets, you can add your Solana wallets, all under one membership. So you don't have to purchase different memberships for one membership. We honestly make it very easy. What we don't want you to understand, the one caveat, what's our caveat, right, is that we don't cover every event. We don't cover smart contract hacks if you indirectly leak or directly leak your seed phrase, rug pulls, stuff like that. But in terms of, you know, we call it, like, kind of smart negligence. Again, Dave, you keep saying it's your fault. In the reality, you're a victim. I mean, I know I hate that word, but you you... It's not like you made it. It's not like you were drunk driving. Right? There's a completely difference. There's a big difference between drunk driving and then, know, you're clicking... You you know, you click on a Zoom link that remote accessly shared your laptop. Like, it's just... You had no idea and most people don't. So I wouldn't say it's completely your fault, and those are the cases we really try to cover. It's like, yeah, you click the link, but you were you were tricked into it. Right? So those are the main cases we cover. Please go read about us. If you're hesitant, you should be. Please ask me questions in the DMs. A lot of people, including myself, they hear about us, they like us, and then they take a while to buy coverage because they're like, you know, it's not the most important thing in your schedule. It's not gonna be making you money tomorrow. Right? It only makes you money if there is a situation that as as terrible as that. So I get it. I get it. Insurance is not sexy. Coverage is not sexy. Security is not sexy. But it is sexy to get reimbursed if you get drained. So, you know, on that note, again, Dave, thank you for sharing your story. I would love to have you on the record report. We just started this week. And, again, I'm... It it really does suck, dude. I'm sorry.
[1:38:00] Dave @DCBK2LA: Bro, and the timing, like, it's... I'm looking at the DMs now. Asked God it was fry... It was Friday that you literally said to me. Like, I'm like, oh, I'm happy to go through the whole thing with you. Like, did you get, like, you happen to pick up coverage? And I'm like, no. Not yet. Friday, bro. I was pushing. I was like, hey, man.
[1:38:14] Askar @0xAskar: Just... Can you check out coverage? Like, go get it. Give me some feedback. It would have been a little sus, though. Pick up coverage.
[1:38:20] Dave @DCBK2LA: That's gonna... That's for sure. That would have been, like, under a microscope. What's up? I know. Fuck you.
[1:38:27] Askar @0xAskar: Our whole team's eyebrows would have been raising. After twenty four hours, this guy gets drained.
[1:38:32] Dave @DCBK2LA: Oh, man. I mean, that... It's wild. It's wild. Go ahead go ahead, Mario. You're a very important point. I'm sorry. Thank you for being patient. Go for it.
[1:38:41] MAR @Mar2477x: Yeah, man. Sorry to hear that. My heart was, like, pounding, waiting to the end for you to say, okay, but not all my assets were were here. Okay. Good for... I mean, I still sucks that he lost 10 k. Look. One quick story. You know, I don't I don't keep my credit or my assets on on any... My phone or the computer that I use for social networking, you know, x or shit like that. Keep it on, you know, on a... On an iPad where I never used that iPad. I had a friend that had it exactly like I had it too, and his comp... His Apple computer got hacked like yours, something like that similar also. So he's like, oh, I don't have any crypto on the computer. But he did get hacked at the end because he was sharing the same Apple ID on his iPad. His iPad had the same Apple ID as the computer, so he got hacked. So just because you got your crypto on an iPad or whatever and you don't hook it up to any social media, but you share the same Apple ID, they're gonna get you. They're gonna
[1:39:49] Dave @DCBK2LA: get And I want y'all to understand something. I I think I'm pretty well versed. Like, I'm the guy that a lot of people call to be like, dude, I think I'm getting hacked and how to tell them to revoke approval. You don't know what it's like or how, like, a little you know when something like this happened because I always thought it was gonna be a... Like, okay. I mean, if I need to go revoke an approval, could stop it midway. That's happened before. But on my computer, I didn't know the fur... I went to I went to Chachi... I went to Junie. I'm like, Junie, like, create me, like, literally, like, a fucking emergency pull fucking plan. What is the first thing I need to do? She goes, get offline. Like, that was the first thing. Like, is it my telegram that's more at stake? Is it the... And I'm like, holy fuck. Like, what am I doing? Like, what, like, what do I do first? And I I genuinely did not know. Easter Sunday, like, the guy that I normally call is in fucking church. Like, you know what I'm saying? Like, where do I go? Is my fucking... Is my... Like, Mar was just saying, for the light... Like, forever, I didn't know, like, is my is my iCloud still stuck? Like, what... Like like, what what do I have to do? Like, what... Like, where? And when you turn and you look and you're just like, there's nobody to answer questions, that's another helpless feeling where you're like, holy fuck. I realized in this moment, I don't know fucking shit about security. Literally nothing. But... Yeah. Yeah. They go
[1:41:08] Kool @koolcryptovc: for it.
[1:41:09] MAR @Mar2477x: And real place. Real real
[1:41:10] Dave @DCBK2LA: ask our go for it, then we'll go to Metabees. Thanks, Mark.
[1:41:14] Askar @0xAskar: Mark, I think the one thing you touched upon that I I want to reiterate that I said earlier was that when you're creating your new wallet, any moment, if you even think that you may have done this once, it gives you more reason to get a new wallet. Is that if you copied and pasted your seed phrase onto any platform on your Apple ID that is linked between multiple devices, that's where you start to get into the more centralized route. This is why these drains happen is because now you store your seed phrase on a server somewhere. At the end of the day, the question is, is your seed phrase on a server? Right? If you can answer that question definitively, then you're pretty much safe. But if you're not, and and just in terms of your seed phrase being revealed, that's the only... That's just for that one avenue. So for example, you don't take your seed phrase and put it in note tab. You don't take your seed phrase and hide it in some sort of bookmarks on Snapchat or bookmarks on somewhere else or some private thing that has a passcode on it because it's stored on someone else's servers. What you need to do is use a password finder or just honestly, physically write down the seed phrase somewhere. That's not stored on a server, that's no one else knows where it's stored. If you want to, you can trust other people, but, you know, that is a little controversial at times because people, you know, you can fall out with people, even family members. It depends on what you wanna do for your own trust factors. But the basic, I like, sentiment is you don't copy and paste your your seed phrase. Because sometimes people like me have Raycaster where it even keeps a history of my clipboard. Because many times I've copied something and then it goes away, so I keep that. So even if you copy something, it's stored on your laptop in the history of it. Right? So that's why you don't really wanna copy and paste it. You just wanna write it down. And if you're copying and pasting it for the ease of of use, you're doing that on walls you don't care about. Or at least where if you get drained, it's not gonna be heartbreaking. Right? So I really wanted to emphasize that. Obviously, I'm biased and I'm asking everyone to really, you know, look into coverage, but it's not just about coverage. It's about those preventative tools, Wallaguard, Revoke. Today, I learned about Zyngo. It's like kind of a half centralized, half decentralized. I'm not gonna advocate for them because I haven't really read into them, but they basically use MPCs where they store half your seed phrase on your on your laptop and half of seed phrase on their server. So it's kind of like a middle way... Midway solution. There's a ton of different tools out there. You need to protect yourself by staying strapped and then the tech... And then the date sometimes it pops. You know what I mean? So you need some sort of reimbursement.
[1:43:43] Dave @DCBK2LA: Yeah. And just so you know, Zenggo, like, I'm a big fan of of Zenggo. I actually met with that team. They're... I mean, I'm talking to them now, but ever since they got that Tether money injection, I think they're... They might actually become a sponsor. But I really, really like that team because, like, I actually spoke with the guy, Ari, there. Like, really... Like, they're good. Like, this is when they had no money. Really, really fucking good guys. They understand their product. They understand their market fit. Like... And I think this is where it's going. This whole seed phrase shit is not it. Right? Like, it's not it for crypto. That's why I think you see things like Wayfinder. You're seeing, like, Privy and a bunch of these other things, like, really start to take off because this 12, like, this 12, 24 word shit is really, really, really hard. Like, it's not a... Like, it's it's it's just... It makes it... I don't wanna say easy because I don't know genuinely what goes into it, but, like, it it... I I just don't think that's the be all end all. And I wanna... One more thing, and then I'm going to Meta Beast. The other thing is what Ascar said about you don't know when you copy and paste anything. You have one fucking checkbox clicked off in your Google settings, right, that literally is is essentially... Or autofill. Right? Like, you know how we wanna, like, have all our passwords in there, like, before anything else. You have no idea what is stored on your computer, the sensitive data that you think is not available, but yet it's sitting right there on your machine. And something like this... A boneheaded move like this, right, where me not paying attention for two seconds now gets fucking... Like, literally, like, installed. I mean, like, deep into my machine and, like, just... It went to work. It really went to work. So just be mindful, guys. But, yeah, Meta Beast go for it. Great points, Asgard. Thanks, Mar.
[1:45:28] Dave @DCBK2LA: MetaBeast, go for it.
[1:45:30] MetaBeast @AKCMetaBeast: K. Okay. So I started... Okay. You guys reminded me of a couple other things too here. Okay. So I'll start with this one then. I wasn't going to. But if you... As you guys recall, I I mentioned the migration off of the Coinbase web three wallet thing. And that we... I did the tweet out to them, to their customer... Coinbase support and Coinbase in general because people are... You guys said you're getting these emails about this migration, but mine was on my app. I finally, yesterday, spoke to a customer service rep through the Coinbase app who assured me that it is legitimate, but I would tell you stay away from those emails for sure. But I just happened while I was trying to go through the hoops to actually get to speak to an actual rep, reading about the Coinbase web three wallet, that's what that one is, where they give the... What you guys just mentioned about that one, where Coinbase has half your wallet key, you have the other. And I'm just kinda curious now if that... Maybe that's what they're migrating... Having it migrated off. But I did wanna let people know that it is legitimate. Just be careful if you're gonna do it. But then, also, busy weekend for me with with... Yes. It's stupid egg hunt in a metaverse, but pushing the time. People were... Weren't able to get their stuff deployed or builds deployed into the world. I hop into the Decentraland Discord to tell them why, you know, we're... There's some of us getting this error. We need help. I get a response right away to open a ticket. So I opened the ticket and told them what it was, showed them an image, Then they they sent me some instructions. They wanted me to click on a link, and I was... I forget what they were... What it... What they called it. But I... Just as I was about to do it, I'm like, oh, hell no. Hell no. This is... The... It would've... I am... I came this close to being... Got this weekend... Last weekend
[1:47:57] Dave @DCBK2LA: culture is Discord.
[1:47:58] MetaBeast @AKCMetaBeast: Discord. Yes. And this... The Decentraland found it... The... They're basically off on the weekend, which should have been my first thought too. But, yeah, when they came back today and saw that, they said, yeah. That's not us. Report that to dissent... Or to Discord. So... And I swear I've seen this before where you will mention you're having a problem, and some... One will tell you to click here to do a ticket. Like, they have in each Discord, usually, an area for you to get assistance, and it's usually fill out a ticket. Well, they're trying to get you before you go there. So just be careful of that one too. But the... Yeah. That that... So I I I I understand that whole being busy, and that's that's probably when they get most people is when somebody's got a lot of stuff going on, and they're just not taking the time to think about it. And I am sorry. That sucks that that happened to you too. And... Yeah, but... And, also, I wanted to say, I said this when Ascar was on future watch with us too. Don't be ashamed, people, and don't shame people who this happens to because it happens to the best of us. It does. What you should do, in my opinion, and this is what I do, if it happens to me or a close call like this or I read about somebody else's is put that information out there because they're finding ways... New ways, different tactics, new tricks on how to get us. And I feel one of our best opt... Or ways to protect each other is to share this information so people know or at least hopefully have it in the back of their head. And if it starts to... Things start to play out, and they're like, oh, wait. No. No. I I read about this. No. So, yeah, I... We... I feel we need to help each other out like that. So thank you.
[1:50:15] Kool @koolcryptovc: Hey. So, Dave, bro, I'm I'm live on my shit right now. I just heard what happened to you, bro, bro. I am so sorry, bro. Holy shit. Like, yo. I feel so bad for you, man, because you you be so careful all these years, man, but it's all good. I think you you you get that money back, bro. You're get that money back. You're active. You're here. You're gonna be fine, bro. But, man, that's crazy. I'm live my show now. Let me let me go back. I I just have to say something real quick. I sent you a DM too, by the way. So sorry, bro. Sorry, man.
[1:50:45] Dave @DCBK2LA: I appreciate it, Cole.
[1:50:46] MetaBeast @AKCMetaBeast: Tell your people to be careful. Let your people know.
[1:50:49] Dave @DCBK2LA: Yeah. Big facts. Oh, there's the culprit now. Look at her. She's showing her face, and you can't... But can you guys believe Alex after stealing all my Bitcoin? She still has the nerve to show up in these spaces? This is crazy. Now I have to be confront... I'm kidding, guys. I'm kidding. I was the one that got fucking duped. Alex, shout out to you. Man, yeah. That's... It was fucking crazy. Lurky App, what's up?
[1:51:14] LurkyApp @LurkyApp: How's it going?
[1:51:17] Dave @DCBK2LA: Lurkey, I can't hear you.
[1:51:19] MAR @Mar2477x: You can't hear me?
[1:51:21] Askar @0xAskar: Yeah. You're far away. It seems like you're far away.
[1:51:25] LurkyApp @LurkyApp: Is this better?
[1:51:27] Dave @DCBK2LA: No. You still sound like you're 700 feet away.
[1:51:33] Dave @DCBK2LA: Lurky. Lurky. Lurky. Lurky. Alright. I guess we're gonna have to do this. Jerry Springer style. Hello, Alex.
[1:51:44] ALEX DAMSKER @AlexDamsker: I didn't do anything.
[1:51:46] ALEX DAMSKER @AlexDamsker: But I didn't do anything.
[1:51:48] ALEX DAMSKER @AlexDamsker: I'm so sorry that happened. I didn't do anything. I'm so sorry.
[1:51:53] Dave @DCBK2LA: I mean,
[1:51:53] ALEX DAMSKER @AlexDamsker: you messaged me. I'm, like, I'm still... I'm so sorry that happened, but I didn't do anything. I don't know what else to say.
[1:51:59] ALEX DAMSKER @AlexDamsker: I'm I'm really sorry.
[1:52:02] Dave @DCBK2LA: I'm busting chops. I'm busting chops. I gotta I gotta... We gotta be able to laugh at this shit. You know I mean? Otherwise, I'm just gonna fucking It's horrible.
[1:52:08] ALEX DAMSKER @AlexDamsker: It's horrible. Like... No. It's horrible that, like, there's... I mean, other... Like, I've been reading about people whose accounts have been, like, you know, taken over and and and, you know, it's, like, basically spammed and whatever. And my account was... I have an an account that was basically... You know, people were sending messages from it. I don't think it was that account. I think it was a... That was a... I get spam from... I get, like, copied accounts. Like, people try to pretend to be me, and then they send stuff, and that's why I put on all my profiles. I will never email you. I will never DM you. I will never ask for money. I will never message you first, and I never do. I never message anybody first. I never, you know, ask for money. I never do any of that stuff. But people will still open these things or whatever. And and I don't know what to do. I mean, I think that the security is one of the things we've been talking in the back chat for all the people who are in my subscriber group is, like, the... There's the number of people that have been getting... Like, their accounts have been taken over. It's incredible. So security has been... I don't know what's happening with security on x, but it seems to all be stemming from this platform. So I'm not sure what's happening. But, you know, I I I I don't know if it's from, you know, people who are using accounts that aren't used very often or if they're accounts that are used all the time or what. I don't really know what the the spread vector is. I don't know.
[1:53:39] Dave @DCBK2LA: Wait, Alex. Quick... Wait.
[1:53:40] Dave @DCBK2LA: Can I ask you a quick question? So just just for my peace of mind, the unfiltered founder's Twitter account is not yours. Right?
[1:53:48] ALEX DAMSKER @AlexDamsker: I don't think it was... Came from my... From a... So I have an unfiltered founder's account.
[1:53:53] MAR @Mar2477x: Right.
[1:53:54] ALEX DAMSKER @AlexDamsker: There are... There's one account that was... And I don't know which one it was of... Like, that that dealt with yours. One of my accounts sent... Like, both my Alex Stampsker and my unfiltered founders account. I haven't actually sent an email or a message from my unfiltered founders account in months. I haven't I haven't done anything from my unfiltered founders account. That account literally only exists so that people can message it to ask questions anonymously. Right? That's the only thing that it does. It doesn't actually do anything. It doesn't send messages. It doesn't speak. It doesn't host. It doesn't do anything. That account doesn't do anything. That account has been duplicated before. So it actually also was hijacked. I got it back, but, apparently, it sent a bunch of messages. I don't send messages from there. I don't do anything from there.
[1:54:48] Dave @DCBK2LA: Wait. So was I talking to you?
[1:54:49] ALEX DAMSKER @AlexDamsker: I just got it back, and I... And I'm shutting it down because I don't do anything with that account. It's literally... It was just there so people could ask questions anonymously. That's it. Oh. But it also was duplicated. Right. So... And I had to report that as... Because the only way I know when my accounts are duplicated... Because, like, my Alex Dampster account gets duplicated all the time. And and the only way I know is because people message me and tell me that it's duplicated. So my unfiltered founders thing was duplicated also, and I had to report that. So I'm leaving my account open until that account, the duplicate account, is shut down so that I could... Because otherwise, there's nothing for them to say you're you're impersonating a person. Right? So I have to leave it open until it shut down, and then I can shut my account down. And then... Because so there's nothing for anyone else to play with right there, and then just leave open this account. But it sucks. I have to do it all the time. At least once a week, I'm sending something off saying either there are people who are spamming my... Like, peep... When I post something, there's, like, a crap ton of spam bots that will post right behind me, and I guess I'm on list or something. I can't go after all the list that I'm on. So I have no idea... I I can't be the only person this happens to. I'm a very minor, minor person on this space. So I have no idea why it even connected to me. Yeah. But
[1:56:26] Dave @DCBK2LA: They know... But I know I'll say, they are listening in these spaces. If y'all think for one second that they're not listening here, I promise you, they knew the relationship that I have with Alex, unfiltered founders. They knew that was a sweet spot too, like, that I probably wouldn't be able to fucking, like, tell the difference. Like, this is calculated shit. Like... And it's not the first time they do it. Right? Like, they hear us talk about something one day. I get literally the spam email the next day with, like, a new little trick or the same twist. Right? And I should have definitely known better. Right? 100%. Right? I should have looked at the fucking account. 70 something followers. Like... And maybe I did, and I just didn't even think twice. There was no e on founder. Yeah. That that would have been the dead giveaway for Alex. It's fucking... I'm like, there's no way she would have shortened up a word, misspelled a word. That's crazy. But, like, easy things that I I genuinely overlooked, and it fucking cost me, man. It really did because they knew how to talk to me in the DMs. Right? Like, it was, hey. I wanna have you on the show. I was actually late to show up, and I was like, fuck. I totally forgot. And... Like, they had told me they changed the time the morning of, and I'm like, okay. No worries. I can make eleven. That's fine. Like, changing... Like, it was... Honestly, they executed this of... Like, I'm an idiot for falling for it. Bottom line. And, like, if I would have just paid fucking an... Like, two seconds more of attention, and that... It probably wouldn't have happened. But when you get comfortable, like, with your, like, with your acquaintances out here, like, you have to question everything. You don't have to question them.
[1:57:57] MetaBeast @AKCMetaBeast: That's probably calculated too was to change it last minute on you. I I can almost guarantee that that was a ploy.
[1:58:07] Dave @DCBK2LA: Yeah.
[1:58:08] ALEX DAMSKER @AlexDamsker: I I mean, I'm sure on... And I'm sorry, Ben. I didn't mean to interrupt you. I... I'm I'm sure that it's a thing for people who host spaces that get over a certain amount of publicity, or get over a certain amount of traction or or or people who are listening. And it's just connected to people who are, like, listening, you know, if they're... They just go for contacts in your spaces. So, I I mean, I think that's probably all it is is a... Is basically a virus that then brings more people from your spaces, like people that you... That follow you. So it's probably followers in spaces. And if if they're at all smart, it would be like mutual follows or something like that. But it's probably just followers in spaces, and they're getting just people who speak in spaces. And that's how they're they're getting people. And and, you know, I'm sure that it's happened more than once. And the way that, you know, nobody's just talking about it. This is just a new scam that's out here. But, I've been asked to do, like, you know, to to speak on a podcast. Right? And that's probably how it can... I don't know how it connected to unfiltered founders to be on... I have no freaking clue because unfiltered founders, I haven't done anything with it since at least January. Right? I haven't, you know, done anything at all with it. So... Because I've just been incredibly busy, and then we had COVID, you know, but, like, there's just a whole bunch of shit that happened. So I haven't done anything with the unfiltered unfiltered founders. So I have no freaking idea how that ended up getting connected to things. But, you know, hackers are not dumb. They're they're smart. And they're... They've got pace... Because they're they're funding their lives with other people's money, they've got nothing to do but think up incredibly complicated ways to get other people's money. That's what they're doing. They're sitting around picking their nose, scratching their ass, and thinking about ways to get your money. And this is another way, and I... I'm really happy, Dave, that you brought this up so other people can think about it. And other people that are hosting spaces, you know, if you're getting something that preys on you, especially, like, your ego, which is something like, hey. I wanna... You know, I don't know if it was a... Like, I wanna host a special space or something with you, or I wanna have an interview with you, or whatever it is that they're getting space host more traction. That's... You know, it sounds like that's what's happening because that literally I've gotten messages from other people who are hosting spaces saying, did you send me this message? And I'm like, no. I fucking didn't. Right? I didn't send any of these messages because I don't send messages from that account. So, but I don't know how they got my account, and my account must have been from someone else. Right? It must have been from someone else that they they got my thing. So I'm not really sure what they're trying to Wait. What You know, what connection
[2:01:10] Dave @DCBK2LA: When was your account taken over? Like, the actual unfiltered founders one? Like, when was
[2:01:13] ALEX DAMSKER @AlexDamsker: I honestly have no idea. It must have been a day or so ago or maybe two days ago. I'm I'm assuming from when I started getting emails, which was, like, two days ago. So, about two days ago. If it was before then, nobody told me, but it would... It... You know, it would be about probably a few days ago. I literally was dormant. I wasn't doing a damn thing. So I... It was just like one of those other accounts that was just, like, sitting there. Like, I also have another account that's, like, real Alex Dansford. Doesn't do anything. I just have it so no one else can have it. So Yeah. You know, it it doesn't do anything. So I'm just... You know, I I have no idea why I got picked for it, or, like, why that account got... Why would you pick that account except for the fact that it has, you know, its own community. Right? Yeah. It has a community.
[2:02:04] Dave @DCBK2LA: And it's a pretty exactly the point. Yeah. Yeah. Yeah. Ahead, Ascar. Because Ascar was saying this earlier, Alex, the same thing where he was like... People ask him to do the the whole interview thing all the time. Like, that was... Yeah. Go ahead, Ascar. Sorry.
[2:02:14] Askar @0xAskar: No. No. You're good. I I think I interrupted you. But, essentially, they're just reaching out, and they they... I think the ego part you said, Alex, was great because you feel good that someone with a big podcast is reaching out to you. And when they reached out to me, they're like, you know, they have two two hundred thousand subscribers on YouTube. You know, they... Everything checks off the... Everything checks the right boxes, but the one thing I didn't do was ask that person to message me from that main account, and then ask someone else from their team to message me. So I think it... Luckily, nothing happened because others... Someone else on my team got a little suspicious, and now I'm now I'm a 100100% suspicious all the time. But I would have been in Dave's position, honestly. And this was not the first time I almost got scammed. Even even the revoke dot cash founder who we partnered with. If you guys know revoke dot cash, Roscoe Roscoe has been drained twice. Today, he made a post about it. And he made a video about him describing the times he got drained and a whole thread about it. Like, it is sad, but a lot of people get drained. And it's just the way the space is going. There's nothing to be ashamed of. These people are really smart. If honestly, scammers put their efforts towards being devs or something, ETH would probably be at 5 k, 10 k. But now we gotta deal with these bastards stealing our money instead.
[2:03:28] MAR @Mar2477x: Hey, Dave. I got a question. The the the currencies that you have, they they were not in cold storage. Right?
[2:03:35] Dave @DCBK2LA: No. Everything... They hacked, bro. When they installed
[2:03:37] Voice J: it on
[2:03:37] Dave @DCBK2LA: my Mac, they got everything that's on my browser. So, no, nothing cold storage.
[2:03:42] MAR @Mar2477x: Yeah. Because my friend, when he got hacked, they took everything... They took, like, $3,000 that he had for trading, but they were not able to get anything out from cold storage. And, also, check out any credit card information you have stored in those browsers too. You know? I'm sure you did already, but, you know, credit cards too.
[2:04:00] ALEX DAMSKER @AlexDamsker: They didn't take anything that you had, like, on a on a on a sex. Right? Like, on, like like, crypto.com.
[2:04:09] Dave @DCBK2LA: Right? I was scrambling. I managed to get, like, $600 of... Or 3 or 4 or 3 or $400 of stacks out of my Xverse wallet sent to Coinbase before they got it. But... Yeah. No. They couldn't. They could... They hacked my browser and my and my passwords.
[2:04:23] ALEX DAMSKER @AlexDamsker: That... So that's the thing is that what's interesting here. So for a while, it was your phone was the leak the leak, the leaky source. Right? Because of the SIM cards, get everything off your phone because anytime you're walking around, someone can steal off your phone, which was why, by the way, it was so weird that there was that that the cold storage one, the ledger, right, that had... That was... Had the ability to use, what is it called, Bluetooth, where it was like, what the hell? I don't want Bluetooth on a cold storage. What? That was the dumbest fucking thing I've ever seen. Oh, I'm just trying not to swear. Okay. Dumbest thing I've ever seen. I know. We'll see how well that works, but that's my my new thing. But but but... So it was like, make sure you keep it off. And so keeping it on... If you were gonna use a warm storage. Right? So a non, non exchange linked warm storage wallet on your on your computer was the safest place. And then I saw that there was, like, a TrojanLake that came from things that had Chrome extensions. It looks like anything... If you're on Chrome. Right? And I don't know if you... These were wallets that had Chrome that were... That you were using on...
[2:05:45] Dave @DCBK2LA: Every single one of them, Alex.
[2:05:47] ALEX DAMSKER @AlexDamsker: Right. Google Chrome seems to be the one that's easiest to exploit. So if you're using a... And I'm literally just getting this from what I'm hearing from people who got exploited. So I'm trying to take lessons from what the fuck happened. What... From what happened here. God, I have a potty mouth. I'm trying to take lessons from what happened here only because people are gonna keep doing this. Right? This is gonna happen. And, and I have to say, honestly, using, these very... Like like, this was a a really smart one. I honestly... I would've I would've fallen for it. I mean, like, the the idea of, like, here, join my, like, what, what I was given from someone else, which was join my, my my my... Whatever it is, my webinar or something like that. And if it was from someone I knew and trusted, like, from me, you know, like, to somebody that I knew, I would have been like, okay. This is what you use. Sure. Okay. You know, like, I know you, and I would have, like, I would have fallen for that totally. I'm very lucky that I didn't get that one.
[2:06:55] Dave @DCBK2LA: Right? Saying, Alex.
[2:06:56] ALEX DAMSKER @AlexDamsker: It's like I I totally would've fallen for it. But they knew I totally would've fallen
[2:07:00] Dave @DCBK2LA: for platform that that we that we looked over, like, for this exact fucking show? Like, I was saying to
[2:07:05] ALEX DAMSKER @AlexDamsker: myself, like, what
[2:07:06] Dave @DCBK2LA: the fuck?
[2:07:07] ALEX DAMSKER @AlexDamsker: Is it one of those? And the thing is Huddl is real. Yeah. But it connects to The US to Google Chat.
[2:07:13] Dave @DCBK2LA: Yeah. Right?
[2:07:14] ALEX DAMSKER @AlexDamsker: So I looked over Huddl. I'm like, Huddl Huddl o one, it's a real platform. What they they must have done is a bad link. But here's... So here's what I'm taking as a lesson. If you're using warm wallets, right, if you're using something like, you know, trust or whatever rainbow, whatever the hell other kind of wallet that you have that isn't a central exchange wallet, which you should get off of an essential exchange wallet, but is at least more protected than, the warm wallets if you're using something that has a Google extension attached to it, Phantom, things like that as well. Don't use it in Google. Use Brave. Right? Use a different browser that's harder to hack, because there's a hole in Google that's being exploited by many, many people, including these hackers. Right? And I've seen several different viruses come through there. So just know that that's going on. They're exploiting something through Google Chrome. So just FYI. Right? Anybody who right now has a wallet that they're using on Google Chrome, close it out. Right? Oh, and and convert it to a a different Internet source. Right? Don't use it on there. And then second, change your passwords immediately because because somebody can get in there, and they may not even do something as explicit as this kind of exploit. A lot of them can do it literally from either, spoofing your email or something like that. Like, there's been a lot of, Gmail exploits. I don't know if you guys have actually seen this.
[2:08:49] Dave @DCBK2LA: We talked about it
[2:08:49] ALEX DAMSKER @AlexDamsker: last week. The first one I saw. Right? That there's been these... These Gmail things were, like... I don't know if you've been... If anybody here has seen that people are getting locked out of their Gmail account. Same thing. The... Or or, like, you know, there's been a lot of mails sent from your your Gmail. Right? If you start seeing that, it means someone may have gotten in and is sending messages from your Gmail without you knowing it. It's not you. So you have to fit... You have to change your password for... To your Gmail, get out of of, of Chrome, and start using a different browser. Because right now, is not safe. So just FYI, as I've been using it all the time, right, I'm a big Chrome user, I gotta shut that crap down, and I gotta start using something else, either Safari at this point because, honestly, most people aren't exploiting Apple. So right now, anyway, use Brave. Use another one that, you know, is not act... Is is, you know, less subject to exploitation. Use something else.
[2:09:47] Dave @DCBK2LA: Yeah. I appreciate it, Alex. Thank you. Guys, I totally forgot I have mukbang Mondays that I gotta go. Okay. Lurky's gone. Alright. We'll we'll we'll come back. I wish I could keep you going. Dave, on. You got one last thing to say? No.
[2:09:59] Kkoma @itskkoma: I just... Sorry. I came in a little late. Just a quick recap. The the account that did send you a message, was it one of Alex's No. Accounts?
[2:10:06] Dave @DCBK2LA: No. It it was not. Like, the the the spelling is wrong. It was one of the knockoffs that was acting as Alex. Yeah.
[2:10:13] Kkoma @itskkoma: Got it. Got it. Okay. Yeah. I just was... Wasn't sure if she got her... One of her accounts got hacked, then then that was... That would have been even more sophisticated. But... Yeah. Makes sense.
[2:10:21] Dave @DCBK2LA: But but
[2:10:22] Askar @0xAskar: Can I
[2:10:22] Voice J: Hey, Jake?
[2:10:23] Askar @0xAskar: Can I highlight what
[2:10:24] Dave @DCBK2LA: Yeah? Go ahead. Go ahead. Oscar, go for it.
[2:10:28] Askar @0xAskar: Just one last thing. I know I'm belaboring this point about coverage. The reason I'm belaboring is because it took me five months to join this company before I really trusted them, understood kinda the whole vision, and trusted the whole mechanics. But the the great thing about these spaces is that we're constantly alerting people about new ways to not get drained, but that's also part of the problem. Everything that we're talking about right now is that if a normie had joined this space that has never heard of crypto, the first thing they take away from this is like, hell no. I'm not joining crypto. Right? Despite us actually talking about it and saying, hey. Let's actually figure out ways to not get drained. They're gonna be overwhelmed. They don't have to deal with most of the shit in in in Web two. So the reason why I think coverage is so important is because every other market in your goddamn life has coverage. So every single day, you're learning about how to not get sick, how to stay healthy, exercise, do all the things that are correct, but it's... You still have health insurance because it makes no sense not to have it. Otherwise, you know, when the worst case scenarios happen and they do happen, you need to use your health insurance. Same thing for car accidents. We have better and better technology that protects you, airbags, seat belts, but you still have car insurance. So the same ideas in in this space. We've never had, you know, theft coverage before. I just hate seeing this shit happen, and you still gotta take a lot of preventative measures. But in the worst case scenario, you are covered.
[2:11:46] ALEX DAMSKER @AlexDamsker: Are talking about insurance for are you talking about insurance for for the crypto system?
[2:11:52] Askar @0xAskar: Yeah. So that's what I'm
[2:11:53] Dave @DCBK2LA: looking for.
[2:11:54] ALEX DAMSKER @AlexDamsker: That's... I mean, that's that's been, like, the gold standard for years, and there's, like... The the barriers are huge, but they're stupid. I agree totally. I think there should be no fault insurance for for crypto. And and the... But the insurance that we've gotten, even that, like, Coinbase one kind of insurance, that's, like, that's stupid insurance. That's
[2:12:18] MAR @Mar2477x: the Yeah.
[2:12:18] Askar @0xAskar: That's what we're trying to
[2:12:19] ALEX DAMSKER @AlexDamsker: call right
[2:12:20] Askar @0xAskar: now at Fairside. Right? So I think... I don't know if you heard in the beginning. That's where he... I'm from Fairside, and Fairside is the first wall of theft coverage. There's no fault as long as you fall under our terms of the ways you get drained. The MMA I talked about earlier, we can talk about it more in the DMs, Alex. I don't, you know, believe her the point online. You get 90% back. So you get... There's a 10% personal responsibility fee, and you get 90% back of your assets as long as we deem as legit, you go through the KYC and everything. So I'm not gonna... I don't wanna go into details because everyone else has heard it, but we can talk more in the DMs about it because, yeah, there has been no good solution in this space, and we're trying to be the first. And I'm sorry we're here because of Dave's situation, but hopefully, anyone here doesn't have to go through the same situation and not get reimbursed. So thank you everyone else.
[2:13:04] ALEX DAMSKER @AlexDamsker: That... That's pretty amazing. I would love to talk more, especially, are you backed by a, like, an insurance company or an underwriter? I mean, that's a a whole other issue. We can
[2:13:12] ALEX DAMSKER @AlexDamsker: definitely talk about it.
[2:13:14] Askar @0xAskar: I can answer all those questions in DMs for
[2:13:15] MetaBeast @AKCMetaBeast: sure. Because that's
[2:13:16] Askar @0xAskar: a answer to that. Yeah.
[2:13:17] ALEX DAMSKER @AlexDamsker: That's a major thing, and then there's so many other areas to discuss about it. But that's a huge issue. I mean, I think insurance in this country in general is completely messed up. It's basically something that you have to get but never use, which is the dumbest way to have insurance in general. Why get it if you can't ever use it? I mean, one of the things, like, in this country in general, in medical insurance is the worst. Like, I don't know if you guys know this, but there's, like, some states where you can't even have particular operations because it's too expensive for practitioners to get the malpractice insurance. So they leave the state. So you can't have that actual operation in the state that you live in. You have to go to another state to go get that operation because it's too expensive or impossible to insure. And then we're doing the same thing, like, with housing and stuff like that because of the completely, messed up way that that insurance is done. It's like this completely, like, complicated, ridiculous thing with governments and markets and stuff like that. That's just... It's a completely messed up thing. And it is so important to have, because we don't control the actions of other people and bad things happen. And, and I think most people would be willing to, pay a regular premium just to make sure if something bad happens, I'd be super happy to, to pay an amount if if if something bad happens, I could be reimbursed. Right? Like, I don't have to worry about losing stuff, and... Or accidentally losing something or something like that. Like, it's... It makes sense to have it. So, anyway, I could definitely talk way more way
[2:15:01] Kool @koolcryptovc: more We're gonna
[2:15:01] Dave @DCBK2LA: do a... Yeah. We're gonna do an insurance base because it... Funny enough, the Meanwhile team finally got back to me, so I figured we might as well bang out crypto insurance and also Bitcoin denominated life insurance and annuities. So we'll do, a whole insurance episode, that I think, you know, kinda run the gamut. So I'm chatting with those guys too, but ask our Alex. Thank you guys obviously for coming through. Alex, no. Thank you for stealing all my Bitcoin. I appreciate it. Stop it.
[2:15:25] ALEX DAMSKER @AlexDamsker: It. People are gonna think that's true. Stop it.
[2:15:27] Dave @DCBK2LA: Stop I posted I posted the account, just FYI. And I totally forgot. I have an 08:00 fucking live stream. So, Mar, I love you. I'm sorry. I do gotta close.
[2:15:35] MAR @Mar2477x: Real quick, Jake.
[2:15:36] Dave @DCBK2LA: No. I can't do it, Mar. I love you, bro. It's important, man.
[2:15:39] Kool @koolcryptovc: It is important. You, everybody.
[2:15:41] MetaBeast @AKCMetaBeast: You're Russian. You're Russian. Slow it down. Slow