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Episode ยท Jul 9, 2025

All Things Crypto: Forget $BTC ATH - Pump.Fun at $4B FDV Can t Wait!

AIAirdrops / TGEsBTCCommoditiesDeFiETHEquitiesGeopolitics

The hosts and guests opened the space celebrating Bitcoin hitting a new all-time high around $112,000 while expressing skepticism that a true altcoin season had begun, noting Bitcoin dominance remained near 60% and significant capital would be needed to move major alts. The majority of the episode focused on Pump.funโ€™s upcoming public token sale scheduled for July 12 at a $4B FDV, which drew near-universal criticism as a massive extraction event with poor tokenomics, heavy bundling expected, and questionable utility for token holders. Multiple speakers warned that participants would largely serve as exit liquidity for the team, investors, and KOLs, advising extreme caution, small sizing at most, and readiness to babysit charts. The conversation also touched on wallet security best practices, the importance of cold storage, avoiding browser extensions, and using multiple devices. The group closed by promoting an upcoming fun space for the Kaka squirrel birthday event while reminding listeners that all commentary remains discussion only. All of this is discussion, not financial advice.

On the mic
DaveKoolLandyBreadKkomaMetaBeast
Chapters
Bitcoin all-time high celebration and initial banter
ATC personality inventory intro read by Voice J
Technical difficulties, app updates, and space restart
Bitcoin technical analysis, key levels, and weekly close importance
RWA narrative and XLM interest
Prediction markets, Kalshi, and regulatory plays
Bitcoin dominance discussion and altcoin season skepticism
Pump.fun token public sale details and $4B FDV criticism
Predatory trading, trench mindset, and Hyperliquid rotation
Mass extraction concerns, shorting opportunities, and chart babysitting advice
KOL allocation complaints and general ICO caution
Tokenomics breakdown, treasury concerns, and EOS parallels
Business model, revenue share potential, and meme coin cycle realities
Liquidity pool dynamics on Meteora and who actually profited
Wallet security, best practices, and multi-device strategies
Insurance, cold storage, and future AI wallet discussion
Transcript
Full transcript
# All Things Crypto: Forget $BTC ATH - Pump.Fun at $4B FDV Can t Wait! | 2025-07-09 | https://x.com/i/spaces/1mrGmPwMAyZKy | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:02:02] Voice N: Let's go. BTC all time high. But who needs that one? We can buy the pump fund token and a Ford Philly valuation.
[0:02:25] Voice N: Up, Brad? What up, Jonah? Hey, Lotte. What's good, bro? Ryan, what's good? Welcome.
[0:02:41] Dave @DCBK2LA: What's up, motherfuckers? Happy hump day, everybody. It's a good day today, and you're gonna find out why very, very shortly if you haven't already. Yeah. Obviously. Pump pump, baby. Fucking... The fudge gonna be real this fucking episode. I'll tell you all right the fuck now, you better strap the fuck in. Meta Beast, welcome back. I know you said you might have an intro for us. Did you wanna play something before we get cooking and go around the horn? Let's go. Certainly.
[0:03:10] Voice J: The ATC personality inventory, psychological study in crypto chaos. Subject a, Samara, operates on Dubai time, thinks in philosophy, speaks in savage truth, last observed at 2AM, quoting Nietzsche before absolutely demolishing a rug puller. Researchers note, fascinating combination of intellectual depth and street smart brutality. Subject b, comma. Energy levels, unmeasurable. Contribution style, chaotic good. Research observation made everyone laugh while somehow making a valid point about market psychology. Scientists baffled. Subject c landy. Nocturnal chart whisperer with trust issues, believes every market movement is connected to a larger conspiracy. Probably right 60% of the time, definitely entertaining 100% of the time. Subject e, Dev. Quantum entangled host who exists in multiple project states simultaneously may or may not be the same person from episode to episode further research needed. Subject e, Meta Beast, Asks questions that make your brain hurt in the best possible way. Suspected of being either very wise or very confused, possibly both control group. The audience somehow still saying despite regular exposure to this chaos, all things crypto, the x space, that's one part social experiment, two part support group, results may vary. Side effects include clarity, confusion, and spontaneous portfolio adjustments.
[0:04:54] MetaBeast @AKCMetaBeast: Is Dave still here? I saw we were having connection issues.
[0:05:00] Landy @CryptoLandy: Yeah. I'm not sure. I can't even bring anybody up right now.
[0:05:03] Bread @_ToastMalone: Yeah. Probably not. I mean, you know, it's probably Landy's fault, I would say.
[0:05:08] Dave @DCBK2LA: Blame Landy for sure. Definitely blame Landy. It's all Landy's fault. 100%. Definitely has nothing to do with
[0:05:13] Landy @CryptoLandy: my my fuck. Always is.
[0:05:16] Dave @DCBK2LA: Yep. Yeah. Yeah. Yeah. Definitely little puppet. But that was fine, Middleby. Thank you. I actually did hear it. I just had to reconnect to the space twice. Sorry, Em. I don't know if got keep... Because of me. Probably, my bad. Everybody good now? I can hear everybody. I can see everybody. Did you update your app? No. I did not actually. Fuck the app updates, man. How many fucking app updates is it gonna... Every day, there's another fucking app updates. There's one.
[0:05:39] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Twice a week, guys.
[0:05:43] Dave @DCBK2LA: What the hells with this app update crap? But welcome, everybody. ATC Wednesday episode hump day. Although we had the hump day episode yesterday that got deleted quick quick right after the space was over. We had a little extended hours. But, yeah, here we are. Guys, lot cooking today. BTC all time highs. Pump fun can't wait. Oh my god. I'm so excited for the Saturday launch at a $4,000,000,000 valuation. It's gonna be so much fun. I'm selling my entire house, my basement, the dungeon, everything in it. Whatever's not tied down to the floor. Everything with the kitchen sink, I'm buying all of it. Not really. Stop it. Cool. What's up?
[0:06:23] Kool @koolcryptovc: Hey. What's up, guys? How guys doing? Hope you guys doing okay. Let's go. Ready for the show. Landy, what's up? How you guys doing?, what's going on? Dave, what's up? I see Empress too. I see everybody here. So let's go. I'm ready. Let's go.
[0:06:37] Dave @DCBK2LA: Let's go. Puppet. Cool puppet with glasses. What's up?
[0:06:43] Landy @CryptoLandy: Market is up. That's about it. I mean, the market's doing great. Right? Things are pumping. People are happy, celebrating. And that's pretty much it. I mean, this was kind of an expected move. The little was held on Bitcoin at $1.00 $7,200 or so. They did. We got a pump. It's taken everything with it, and that's good to see. So... Now we see if we actually get a close above $1.12 for Bitcoin, go on a bit of a run, and see if, alts start to follow and where Bitcoin dominance starts to fall or if it starts to fall. We'll we'll find out pretty soon, I think. This week is pretty important, so we'll see how it closes more importantly by Sunday.
[0:07:27] Dave @DCBK2LA: It's like, every time I think of all coin season... Hello, all coin season, my old friend. Like, where have you gone all coin season? We we need it, bro. We need this shit. People's bags are fucking... Anyways, but Bitcoin at all time highs. I love it. And what's good?
[0:07:43] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I don't think there is a season.
[0:07:46] Dave @DCBK2LA: Yeah. I agree. I agree. I agree. I agree. That.
[0:07:50] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Either that or I'm divinely blessed because my altcoins keep going up. So I'm going with there's no season.
[0:07:59] Dave @DCBK2LA: I like it. As of right now, there really is no fucking season. It's literally nonexistent. But you know what I'm paying attention to? And I might have picked up a little bitty bag this morning. XLM, man. I don't know. The RWA plays, I've been looking into it. I had to pick up some XLM, man. Stella, I think, is doing some shit. Metabisa, I need to make we need to make some more inroads with them and get them in here because that chain is cooking on the RWA side, bro. Like, legit.
[0:08:23] MetaBeast @AKCMetaBeast: I messaged them again and said, what do we need to do to
[0:08:27] Dave @DCBK2LA: Yeah.
[0:08:27] MetaBeast @AKCMetaBeast: Get talks going again?
[0:08:29] Dave @DCBK2LA: Yeah. Alright. Looks good. We'll we'll we'll get them. Don't worry. We'll get them. We'll get them. Koma, what's up, bro?
[0:08:35] Kkoma @itskkoma: Not much, man. Just enjoying this nice little pump. I don't know if you saw my post, but I just retweeted one of my buddies who was... I didn't even I didn't even know this video existed, but, apparently, in 2020, some chick made this song about Michael Saylor and how he's like a bull, bull, bull. And then it's it's so funny. You have to watch it. But, yeah, no, I I feel like it's fitting to, you know, rewatch this video now that Bitcoin's at a all time high, and, you know, we we can just enjoy this Michael Saylor love here. So... Yeah.
[0:09:11] Dave @DCBK2LA: Let's go. I love it. Good shit. Brett, what's cooking, bro?
[0:09:16] Bread @_ToastMalone: No. GM. GM. Happy b t c a t h. You know? It'll come back down. Right? And then all of you people will be like, oh, that's what I'm gonna buy. Right? But, like, you won't. You know? Because it's not gonna hit, like, the lowest spot that you wanted to buy it at. But, like, it's, you know, general rule of thumb, I think Landy would probably agree with me here. You know? Buy when it's red. Don't buy when it's green because that's silly. You know? As soon as it goes back down, definitely should scoop some, I think, in my opinion, not financial advice, blah blah blah. You know? But, no, I'm sitting in the airport right now getting ready to go back to my mountains because I'm done with the East Coast. You you bastards are crazy out here with all this humidity and and nonsense. And, you know, I'm out. I'm out. I'm going back to my mountains. And so, side note, though. Yo. Real quick. Yo. I need to get ahold of Kalshi. Anybody has a plug or a connect at Kalshi, I gotta get Billy compliant in The US, bro. Like, right now, we're good internationally, but with all this new big beautiful bill bullshit and, all the new legislation that's been passed around gambling and proxy gambling and wire fraud and all those good things, I, need to contact Akashi. So if anybody knows anybody, please, please hit me up.
[0:10:25] Dave @DCBK2LA: Is that why they raised a 175,000,000?
[0:10:28] Bread @_ToastMalone: Yeah. Because they're c... Yeah. Because they're CFTC backed, and they're, one of the only prediction markets that's able to legally operate in The US right now. I mean, like, even the poly market, you gotta run a VPN or be out of The US. And so Calhoun is cleared, though, cleared for fucking takeoff. So that's why they just got all that funding. And, realistically, like, we, yeah, we wanna we wanna get in good with those those fuckers. Know?
[0:10:47] Dave @DCBK2LA: Yeah. Makes sense, bro. I might have a contact. I gotta look through the DMs like heavy, though. You know what I mean? Like, I gotta go way back. But, I remember I actually cohosted a space with the... Literally, first Twitter space ever on the wolf channel. So, yeah. And hit up cool. Cool. You know, cool has those guys out there... Over there too. Like, know, he's part of the wolf crew as well. So, yeah, man. I'll see what I can pull. Good ship. Alright. Landy, give us give us the full... I I need everybody to get the full rundown right now. And I I got... Actually, I think I got some some some alfalfa today, on some other shit, but give us the full Bitcoin breakdown right now in terms of, like, where we're at, what's upcoming on maybe the... Like, I know you said there was a, there was a Fed meeting today or I forgot what you said yesterday, but give it... If you can, give us, like, the quick rundown, bro.
[0:11:34] Landy @CryptoLandy: Yeah. I mean, FOMC minute... Minutes really didn't have any effect on anything. Underlying economic data looks fine. For Bitcoin, if it does start to break out and start closing above 01:12, there's a primary area of interest for closes between 01:12 and 01:15 above there. If it does start to break out on longer term time frames, you're probably looking up to above the one fifteen region, one eighteen to one twenty, and then a major overhead level of interest at around a 120 to a 130. This is all predicated on Bitcoin maintaining the, closes above now $1,072.70 on spot. If that does start to break down, this... You know, and and it doesn't break out and go on a run above the high on closes, above $1.12, then, you know, it's likely gonna go back in and and correct pretty hard. So, essentially, what you're gonna wanna watch at least for today to tomorrow until we, talk a little bit more tomorrow is the one zero seven to two sixty, two seventy area on spot. If it's above there, sideways and up is more likely. Starts to break out one twelve, one fifteen above there, one eighteen, one twenty pretty much on the cards. We we need to see the weekly close above the all time high. That's really... You know, by Sunday or within the next week on a move up, we need to see closes above one twelve on a weekly time frame. That would look really good. I think the rest of the market starts to follow. And like I was saying, it's it's really about watching if Bitcoin dominance is going to continue to hang on the highs and continue higher or if we're gonna get, anything more than just a shallow correction on Bitcoin dominance because that's where it's really gonna you know, we'll we'll start to see if, if we're not just following in big... In in Bitcoin US dollar terms with... In US dollar terms with everything else in the market, but the Bitcoin pairs. Right? They they are not doing well. But there are signs that things could start to change here soon. We'll see, though.
[0:13:45] Dave @DCBK2LA: Alright. Let's go. Cool. What's up? How your bags looking today, bro? How many houses are we buying? And is there anyone up for... Are we gonna get a raffle for a house anytime soon?
[0:13:56] Kool @koolcryptovc: Yeah. Hey. Funny. No. No. Everything's good. Things are green. Not... Nothing can complain. Things are green. Bitcoin don't understand. So... But, yeah, it's a good day. Can't complain. Can't complain. I do have a lot of eat. I got bought to eat place and all that. Some BTC probably, but... Yeah, I I... I'm not excited. Like I said, you know, people... I hate when people do this all the time. Bitcoin does something good. Everybody's not doing all season. Guys, we're not even anywhere near there yet, but we are so far away from all season. Bitcoin dominance is still 60... Depends on where you look... Comerica cap or CoinGecko. Dominance is at 64%. That's that's insane. There's no off season until we go below 50% dominance or maybe 55% dominance, mean, 51. So no offseason. We're not even anywhere near that case. I always say this. When ETH breaks 4 k, the party starts. But until then, I'm not even... Like like like, it it... We're we're so far away from then. But in the meantime, keep keep stacking of place you believe in. That day is coming. I don't know when it's gonna be, but someday, we're gonna have a a big condominium drop back down to levels where all go crazy again. I don't know. It could take a year, two, three, four. Who knows? But I'm just stacking until that day comes.
[0:15:24] Dave @DCBK2LA: Let's go. Let's go. Let's go. I love it. Yeah. Guys, we don't need to... Every other space is like, BTC all time high. BTC... Fantastic. Like, exactly what Cole just said. Right? Like, we've been literally saying this every single fucking day. You know, let let... Let's see what the next leg up is obviously gonna give us. I would like to see people kinda get that excitement back. Remember when we broke 69 k? Every thousand dollars, it was... And myself included, it was like, BTC, 72 k. BTC 74 k. That's the tweet. And it was like, yeah. Now it's like, we're at literally a 112, 113,000, and we're silent on the timeline. We are a crazy fickle bunch. I will say that much. We are a... Like, we might be psych... Borderline.
[0:16:07] Kool @koolcryptovc: So it's not... The the fair and green index right now is at... It's not even... I think it's the average. Like, it's create... Like, the market is so weird, and at this time, you know, institutions are in control. Like, retail, I keep saying this. They don't have no money. The average American doesn't have money. The average... Wherever you are, the average individual doesn't have money to to buy crypto right now. And that's why you're you're seeing very weird things. You know, we just saw, you know, Jerome... They they wanna fire that dude, man. They... I mean, Trump really wants to fire that guy because he wants rates to be low. And, unfortunately, rates have been high for, well, over two years now. So so like I said, I I don't know. Eventually, I I... I'm assuming more liquidity ports into alt, but we're not anywhere near alt season, guys. We we... I mean, it needs to double. Suman needs to double. Like, all these big caps need to triple. Like, that's that's a lot of money needs... That that needs to come into the system. So we have a long way to go... Long way.
[0:17:13] Dave @DCBK2LA: A very, very long way. Okay. Now let's talk about the best news ever. I'm gonna give you guys the rundown. The pumped hot fun ICO is officially here..
[0:17:29] Dave @DCBK2LA: No. Okay? I'm gonna read this off to you guys right now. Alright? And everyone, listen. Everyone's free to make their own decisions. Okay? That doesn't necessarily mean that if you do buy this, then I'm not going to ridicule the fuck out of you when this shit fucking... Like, literally fucking tanks the shit because I don't know how he's gonna do it, but pumped out fun founder, Alon, said he's gonna murder all these Web two socials. Here's the rundown. Oh my god. It's gonna pay me to even read this. Okay. Public sale opens this Saturday for the pumped up fund token. Right? Like, the token itself, July 12 at at 2PM UTC time. It runs until July 15 or a sellout. A 150,000,000,000 pump tokens at 0.4 of a penny. So $0.04. So just under a 0.5 a penny each, and he's looking for a $600,000,000 raise literally at a $4,000,000,000 valuation. The total supply, 1,000,000,000,000 tokens. Okay? A trillion. 33% to the ICO, 24% to the quote community, 20% to the team, 13% to investors, blah blah blah. Right? Now here's where I I have, like, a a major issue is... And this is what I think is wrong with this system. KYC on pump.fund in terms of how to buy it, and then Bybit, KuCoin, BitCap, Mexi, Kraken, gate.io. These guys are obviously in the... Like, look at this lineup. You could have the, like, the most groundbreaking tech and protocol ever that would barely get on one of those. But this fucking bullshit literally has them lining up. You could pay with USDT, USDC, SOLE, stake SOLE. They roll out the red carpet for it. I don't like it. Here's where it gets interesting. Geo restrictions. The US, UK, and EU Mika platforms are excluded for compliance reasons. That's hysterical. AKA, everybody get your VPNs going. Here's the mission statement from Alon. He vows to, quote, kill Facebook, TikTok, and Twitch by giving creators token native ownership on Solana and escaping algo throttling and bot spam. We'll get into that in a sec. What the fuck are you gonna own? Like, what is he giving you token? What does the token give you? Community split. Solana KOL, obviously, you guys have seen the recent competitor. Right? Bunk guy, labels the sale, quote, the great extraction, warning it could drain billions. Earlier leaks sparked 24 to 30% drops in top meme coins. If you're holding a meme coin right now ahead of this, like, number one, you're out of your fucking... Like, you're crazy. I I didn't I didn't even don't know because there are... The the casino will fill up. The people will flock to this nonsense. Okay? They will. Now here's the biggest statistic that I find to be fucking hysterical. He's launching this. Okay? And since January, the pumped up fund volumes are down 75%. Now the competitor, right, the guys from Let's Bonk, just topped 1,000,000 daily revenue. Okay? At the end of the day, I'm not saying... Here's what I am saying. Like, read the fucking numbers. I agree with the great extraction. This drives me in sync. 600,000,000 as if they didn't extract, what was it, $758,000,000, I think it was in total, or something wild. If you're putting money into this thinking this is gonna be another Trump token that goes to 70,000,000,000, you're out of your fucking mind. And if it does, god fucking bless. I hope you do make a bag. But that is the biggest risk I think I've ever seen out here in crypto. None of the numbers support this. I don't give a shit what he's saying in terms of, oh, like, we're gonna do... Like, yeah. We're gonna support the creators and give them tokens. Tokens for what, bro? What are your tokens going to do? Incentivize them what? To talk about PunFun and launch another 300,000 tokens on a daily basis? Guys, please be smart. If you're playing with a very limited pool of money, like, to do something like this, like, it's fucking suicide at the end of the day. If you have money to throw away, god bless. Go fucking throw some money at it. Like, go for it. It... But put it in perspective. To get a 10 x out of this, right, which at the end of
[0:21:53] Kool @koolcryptovc: the day, I mean,
[0:21:54] Dave @DCBK2LA: we all have made it abundantly clear that we hate Coma's fucking 10%, 15% plays. God forbid, we actually get steady income and Sonny D's fucking passive income plays. We hate those. If you're looking for that, think about this for a second. $40,000,000,000 valuation, that's half of what Coinbase is worth. Really? Really? I'll leave it there. Emp, go for it, and then we'll go cool. Landy, and then we'll go around the horn.
[0:22:21] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Like, I don't know what people don't understand. A predatory trader... Some of my good friends are predatory traders. These guys are epic. They're so good at this shit. They're the ones in the trenches that you can see, and you can watch them move, and they're dunking on your heads, and they're mocking you in real time. And guess what? They're not doing anything wrong. They're just playing the game better than you. They're not grifters. They're not ruggers. They are just out trading the fuck out of you because they've been here from the get, and they know how to do it. So you got that going against you. Then you got the other type of predatory trader. There's a fucking puppet up here that... They got bots. They do weird shit in the background that you can't conceive of in liquidity pools, and they gain things and whatever. And again, completely ethical. Like, these are not people that are doing anything that is, like, shady or fucked or whatever else. These are people that have been here, and they know the game, and they're better than even most of us up here who have been here because that is their area of expertise. We all learn how to trade different ways, and we're all better in certain spaces. So that's two predatory type of trade... Traders that you already have on the daily working against your asses. Then you're gonna go into something like this in the middle of a clusterfuck when I'm... Ask... I don't know. Landy can tell you. I'm a pretty fucking accomplished trench coin person. Like, I'm pretty good at it, and I vacated that shit a month and a half ago. I said, fuck this. I got better places to be. I'm... Like... And I was good. I wasn't predatory, but I was pretty fucking good. Like, when quick liquidity becomes no liquidity, there's no point going on. Do you understand there is such a thing, and I... And and there are people that I don't even agree with on many levels, but there is such a thing as a broke mindset. And this idea that anything in crypto comes easy and that you're gonna get in there and you're gonna make millions and whatever else. No, bro. Your exit liquidity. Like, that's what you're doing. Somebody put in the comments when I put that thing up yesterday about how to get on Hyperliquid. They said, but I only have a $100. Dude, with a $100 over on Hyperliquid, you go stake that shit early access into one of these protocols in APY, and you start slowly growing that, and you start stacking crypto. I am not a millionaire. I have been here since 2020, and I started with $300 fiat. And I flipped up to where I am, go clocked by JPEG alone. That's something. So, like, at the end of the day, you can keep playing these games, but, like, that mindset of I'm gonna go do this and get wrecked when you can take $50 or a $100 and put it someplace else. The hyper liquid people, like, it it it it is coming across as kind of a shill, but here's the reason why I'm going this way. That's a different type of trader. It's a different mindset. And the... My point is is if you go look at HyperLiquid right now, there's massive liquidity movements going on because people are unstaking. But do you know why they're unstaking? They're not rotating their conviction bags to get ready to go into another meme for a quick thing. These people are unstaking to go into k hype, which is a actual coin that is going... That is being paired with TradFi type move. Like, it's a it's a sound investment strategy that there is a collective move of everybody going, this is a good idea. And when people buy this coin and they hold this coin, it's not going to rug and wreck them. So even if you take $50 that you're gonna throw in this pump fund thing, and you go when you're able to get a tiny bag of this k hype with what it's threatening to do when you're seeing all this movement, Like, the the meme game right now, I I pinned Landy down a few weeks ago, and I said, talk to me about what memes are actually gonna bounce. And anybody here will remember, 25%, And that was not inclusive of anything new that was dropping or anything else. So I just think it's wild. I think it's insane.
[0:26:43] Dave @DCBK2LA: Great fucking take. Yeah. That's as real as you're gonna get, ladies and gents. That is as real as you're gonna get. Cool. You buying pump fun?
[0:26:54] Kool @koolcryptovc: No. No. I mean, probably not, man. I mean,
[0:26:56] Dave @DCBK2LA: I I don't think so.
[0:26:57] Kool @koolcryptovc: If if I do, I'll put $50 today. I'm not expecting anything crazy, but I I would like to short it, though. I would love to do that. If if you if you knew where to short this thing, that might be that might be where where you get your big win. Because if it's launching at a high, if it does, 4,000,000,000 f d... FTV, Yeah. That's what's gonna... It's... I heard someone say yesterday. I remember who it was. I think similar to the the other side ments or all these OG, you know, projects that raised that much money about three, four years ago. Once they do this, it takes... I mean, initially, it it would look good initially, probably the first month, month and a half. The next three, six to eight months, it just goes zero, man. That's prob... That's probably probably what's gonna happen. They should've done this launch when PongFun was hot. When PongFun had that massive... Oh, but they couldn't do it. I think Trump was empowered then. I think so they couldn't have done this. So... But that was the best time to do this. So unfortunate... Unfortunately for them, they couldn't do it. But this is not... This is... The funny thing is this is gonna wreck a lot of people, man. But the pump on whatever founders, they're make a lot of money. They're gonna make hundreds of millions of this. But, yeah, I'm not buying, bro. I'm buying. I'm... Like I said, if I can short it, I probably will. But, yeah, I'm not tossing this shit, though. No no way. No way, man.
[0:28:19] Dave @DCBK2LA: You know what's shitty too? It's, like, the fact that, like, it's... It comes at the worst time. Bitcoin hitting all time highs, and it's like, people are now gonna extract from all of the shit that they've been fucking... That they've probably been putting into this whole time and put into this nonsense. And then the crypto markets are gonna fucking tank again. I I don't know. But let me get Landy's take, and then I'll go back to you after. Yeah. Landy, go for it.
[0:28:44] Landy @CryptoLandy: I mean, it's clearly... It's a fight for relevance and and liquidity right now. You know, they have competition in the ecosystem, and the competition is not small. The competition is well funded. They are a mass extraction platform, and that is indisputable. And that... It's not something... Like, I'm not gonna get into it. It's it's, if anything, I'll I'll try to find an appropriate place to short as well, which is gonna be difficult for people in The US, but there's always a way. It's gonna be on every damn exchange anyway, so there's gonna be plenty of opportunity to to short, if there is any kind of derivative market. Or there's there's different hedges and stuff that you can do against certain coins without even owning them on specific exchanges and stuff like that. So I might look into that, but I'll be honest with you. Just about everyone that I've heard talk about this is looking at it as as a mass extraction, event. Right? So one of the bigger things is if there is perps that are available out of the gate, and, obviously, there's going to be perps available on on specific taxes and stuff like that. Right? So I I would not be surprised to see it rise and then quickly fall, like, aggressively. So hold on one second.
[0:30:15] Dave @DCBK2LA: Yeah. You're good, bro. Yeah. Em, go for it. And then I wanna hear Coleman... Definitely wanna hear breadstick. I can't wait for breadstick.
[0:30:22] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. No. I just wanna add. Don't forget, on the list of things going against you, these things aren't clean. I I don't care what the fuck anybody says. There will be aloe. There will be bundled. There will be side wallets. There will be things that you are unaware of that are working against you. You might think you're tracking predatory traders. You might think you got this shit unlocked. You might think you know where that's been dropped. Trust me. This is not clean, and Aylin is a god of the trenches. That's how he's pulled off what he has done, what he has done. Half the coins that ran through PumpFun... Well, probably not half. I'm probably exaggerating a bit, but quite a few, he he made pretty profit off of. The guy is just a mass extractor. And to his credit, it's an unregulated space. I wanna be clear. Like, people wanna, like, demonize or whatever else. This is the game we all sign up for to consent to play, so he's not doing anything wrong. Everybody who signs up to playing it is stupid, which leads you to the next point. Some of y'all are still gonna fucking play. So let me just tell you when you do, because you will. One, please, kinda like what Cole said, he said he might throw $50 in, please, whatever you throw, be willing to lose every part of it. Just be willing to do that. Please be willing to take partial loss instead of getting completely fucking wrecked. If you wanna try to ride the pony, at least be willing to come off maimed instead of just getting abused and trampled and dead. On top of that, babysit the motherfucking chart. This isn't one of those, I'm gonna chop... Toss in. I'm gonna go for a swim. I'll come back and look at it. Do not leave your computer, watch your chart, pay attention to what is actually happening there. There'll be a huge, probably, run up. You should probably catch it on the run up, but you're probably greedy as fuck. It'll probably bottom down. You'll probably go pro... About negative. When you get a tiny bounce and you can break even, you should get out then. You probably won't. So babysit the chart the entire time, and I would be happy with any amount of profit you managed to pull if you managed to pull it, if you think you're that good.
[0:32:32] Dave @DCBK2LA: That's facts. Yeah. I love... I used to love the the moniker of, I'm gonna go to sleep. I bitch bought this meme coin. I'm gonna go take a nap. It's like, what? You you think eight hours away from the screen is gonna do you good on a meme coin? Wild. Bread, I can't wait. Bread, talk to me, bro.
[0:32:52] Bread @_ToastMalone: Alright. Well, listen. Like, quick take because then I gotta get on this airplane and get back to my mountains. But, like, you know, if you're, like, if you're really buying this and you weren't playing around on it... On pump at all, you never launched a token, you've never played around with that, but you just think this is gonna operate the same as just like a traditional ICO, or you're just gonna like, oh, it's just like a regular TGE. Like, just don't. You know? Like like, mean, like, Empress pretty much nailed it. You know, the amount of bundled and hidden wallets that are going to be, like, just absolutely manipulating the hell out of that chart. Yeah. I mean, like, it you know, what's the real difference between, you know, market makers and insider trading? And it's that market makers get paid to insider trade. You know what I mean? Like, that's that's how this is going to work a 150000%. They're way overvalued. And I... You know, again, there's probably that undisclosed presale. There's probably treasury wallets that are sitting, know, and then it's multiple treasury wallets probably. You know? And these are all things that, you know, are used for strategic reserves ultimately for... You know, after any TGE to pay out KOLs, to have runway for team burn, you know, all of these different aspects that, like, yes, in an ideal world and in, like, an honest situation, it would make sense. But we're talking about pumped up fun, right, which is neither ideal nor honest. And at the end of the day, like, if you are going into this, like, yeah, I mean, be care... I'm not touching it. I'm not gonna touch this TGE with a 10 foot pole. But, like, if you are, like, yeah, just make sure that you're careful when you're going in because, yeah, it's it's going to... You know, I mean, look at every other charts, you know, from TGE. Yeah. You know? They all kinda trend downward. So, you know, get in, get out, and maybe you can make a couple of bucks. But, like, yeah, definitely don't plan on, like, Jenny Welch or retiring your bloodline off of Pumped Out Fun. I see you.
[0:34:45] Kkoma @itskkoma: I mean, dude, I don't know if anyone has been, like, seeing the timeline, but you're gonna... You're seeing a lot of KOLs, like, complaining about how their, you know, their KOL deal or their, you know, know, you their initial entry to, you know, getting the KOL round or whatever round. And it... Like, it's supposed to be a favorable round at the end of the day, but then they're actually getting wrecked where the price goes even lower than that. And they're like, oh my god. I made zero money on this. I was supposed to be early. I think our our favorite guy, Thread guy, was like, only thing that made me money was Moonshot. Everything else was pretty much zero. So, yeah, like, especially the... What was that? Web three gaming, whatever one. What was it called? Like, DN or something or n n... I forgot what it was called. But, basically, right now is not a good time. Just be careful. Like, you're not you're not early by getting these deals or these ICOs. Like, everyone seems to be very, very trigger happy about selling. So, again, just be careful and just... Yeah. Like, what what was that old saying? Like, don't spend more than you could afford to lose or whatever. Like, just be careful.
[0:35:54] Dave @DCBK2LA: Yeah. And come... I got some virtuals fucking... Some virtuals news. I think I... It might be something. So I'm gonna need you to do a little digging. Alex, welcome. What's up? How are you?
[0:36:03] ALEX DAMSKER @AlexDamsker: Hey. So I posted about the pump ICO early this morning. His... You know, you can get the the tokenomics, and I posted about the tokenomics, which I think are hysterical. I'm actually kind of shocked to see people also saying this is garbage. I just said that they were getting into the garbage game, which I thought was pretty funny, you know, because they they poke... Like, that's what they create, our garbage tokens. And I was like... I thought it was funny that they were like, us too. You know, sploosh into the pool of shit. But, you know, like, it's funny that they wanna do it too, but their tokenomics are are garbage. Right? So 18% are already sold. And, and I think... You know? And they already did a private sale. And so they've got this 1,000,000,000,000 total supply, and then they're saying one time only they're doing the 600,000,000 sale. Right? So that's like a tiny sale and a huge treasury. And so I was looking into what is that treasury allocation for, and, there's a a significant percentage to the team and partners, you know, and then a huge amount that's unallocated for. So the amount that they're they're saying, oh, here's what we get for, you know, for... What's it called? For for, you know, the... Like, for deals and things like that, all of it adds up to, like, whatever it is, like, 55%. And I was like, oh, well, there's some unallocated money. Well, we don't know if that money is in a a wallet that's a community wallet, or is it a personal wallet? Because, you know, I was like, well, here's something that could end up, like, you know, a reestablished burn. Like, it was burned, quote, unquote, and then it comes back in someone's personal fund like CRO. Right? And then this this thing is actually supposed to be closed to US and UK offerings. Right? So it's not a US UK offering. And and I was like, woah. It smells like EOS version two to me. Right? Because, like, you know, no US or UK offer... Investors are gonna get in there. Because, you know, if... Those of you who don't remember back that far, we're in... During that period. EOS was supposed to be shut to US investors, and it was almost entirely US investors. So, and and that was kind of the biggest, you know, joke in the industry was, like, how did the the, did the SEC let that pass? Right? Because that was it was, like, the most non reg s reg s offering that had ever existed. And it was, like, this passed around... Like, everybody got to use the same overseas investors passport. It was it was it was, like, just laughably ridiculous. But I was like, this is gonna be fun to see how people do this. It's interesting now to see that people are actually not jumping on this. Right? Because for the most part, like, are people actually getting smarter about this? I don't know. I mean, I'm I'm kind of... Like, first, it's Solana. No offense to anybody, but Solana is not the same crowd as Ethereum. Right? So the Solana crowd is is the meme coin crowd. And and this sounds exactly like something they would totally jump on. So it's shocking if if I hear from a Solana crowd, which I have heard, that they're like, are we exit liquidity? And I'm like, yes. Yes. You are. You are exit liquidity. If you get into this, you are the exit liquidity for all the whales who already have been sold this, and largely, that's what you're buying is the presold exit liquidity, pool. And so I'm I'm I'm very interested to see how this goes to see if people are actually going to jump on this offering or if it's gonna be something that doesn't actually go the same way that a lot of these offerings go. And and if this is something like, wow. Well, this is not actually an offering that is going to provide a huge amount of benefit for us. This is one of those junk offerings that doesn't actually give us a lot, and it does to anything. It doesn't seem to offer us much benefit to anything. The tokenomics don't really work in our favor. It's flooding out a system, but but we don't know. But the rest of them are held in treasury. So, really, even if we get some benefit, most of the benefit goes to someone else who can do whatever they want to manipulate the price. So what are we buying this token for? Like, the the the tokenomics don't work in the favor of the people who buy it in the offering. So what is it for? So, anyway, I think it's very interesting. The whole thing is very interesting for me as a bystander just kind of trying to see, like, have we actually changed? I don't know. It's be interesting to see.
[0:41:01] Dave @DCBK2LA: Yeah. Great stuff, Alex. Thank you. I think everybody's up to consensus here. Like, I mean, and let me just maybe just to put this in perspective for you guys. Okay? At a $4,000,000,000 valuation, this is at launch. These are the these are the tokens that it would be worth more than. Okay? Aave, Tau, Aptos, Near, ICP, okay, Ando. This is WildAdam, Graph Protocol, Polygon, Fetch dot ai. I mean, the list goes on and on. Are you kidding? Really? Really? It's like, come on. Don't do... Like, just... I'll never tell anybody what to do, but please don't do this. Don't do this. Just don't do it. It's fucking ridiculous. Yeah. Like, we went over, like, initially, like, right before you got here, I was given the breakdown of, like, the token I was in. It was like, yeah. No US, no EU, anybody in the making compliant regions. It's like, who are you gonna market to then? Who is... Like, where else... Where are you going to raise $600,000,000 if not from these markets? Adam, I shot you a mic. You came at the perfect time. I need I need you to come up and come come flood this year. Right? I need a little Adam flood in my life. Bread just left. This is gonna be amazing. Yeah. So... Yeah. Give me
[0:42:24] MetaBeast @AKCMetaBeast: a So just to clarify, sun pump bad.
[0:42:29] Dave @DCBK2LA: No. Pump fund. The pump fund. Pump fund.
[0:42:33] MetaBeast @AKCMetaBeast: Okay. See... Okay. Thank you. I'm getting too confused. So... Alright. Yes. Thank you.
[0:42:40] Dave @DCBK2LA: I'm gonna size my checks. We're not there yet. I might... That that that dude literally took TRX and backed it in reverse merger date.
[0:42:46] ALEX DAMSKER @AlexDamsker: I mean, 100% though, you gotta watch it with some wine and pop. Definitely, this is gonna be so fun to see.
[0:42:54] Dave @DCBK2LA: She said wine and book. That would be a thing. Is that a thing, Alex? Wine
[0:42:57] ALEX DAMSKER @AlexDamsker: and book? It is a thing now. I mean, I'm definitely... I'm... This is a night for me. I'm gonna watch this launch. I'm gonna be like, damn. Who is doing this and why? I'm... This is gonna be fun for me. This is my evening.
[0:43:11] Dave @DCBK2LA: This is amazing. I love that. We should create, like, a whole spaces party around it. Let's fucking go. Watch and pump. The... Weinman pump. Let's fucking... I love that.
[0:43:20] MetaBeast @AKCMetaBeast: Is pump fun the one that did the streaming thing?
[0:43:24] Dave @DCBK2LA: That's it.
[0:43:25] MetaBeast @AKCMetaBeast: That's it. Okay.
[0:43:26] Dave @DCBK2LA: Yes, sir. Definitely. For it.
[0:43:32] Dave @DCBK2LA: Emp, go for it.
[0:43:34] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I was just gonna say, again, I think me and Quentin right now is stupid. Did I say that? Stupid. Stupid. Stupid. Stupid. I just wanna say it. Stupid. But if you were going to be stupid, and you will, it's crypto Twitter, feel free to pay attention to actual headlines like Tron. Think they accumulated Trump token or something. Just go by the asshole coin. It'll bounce at some point. You have better odds. It's just the reality.
[0:44:06] Dave @DCBK2LA: Park coin?
[0:44:07] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Sorry. Can I Trump? Dumbass.
[0:44:09] Dave @DCBK2LA: Oh, my bad.
[0:44:11] ALEX DAMSKER @AlexDamsker: Can I can I just mention another? Like, there's some wild wild crap happening now in in crypto. I've been I've been talking about... My gosh. This stuff I've been talking about in these spaces. Okay. So did you all see that there's now a ruble backed stablecoin? Like, those words don't even go together in any... There's no sentence where that makes sense. So ruble backed stablecoin, here's the last part of that sentence, on Tron. I mean, you know, I I feel like at this point, we should have houses made of chocolate. Like, I feel like that goes in this universe. In the universe where ruble backed stablecoins on Tron makes sense, so do chocolate covered houses. So maybe this universe is the one that I want to be real because chocolate covered houses sound pretty good.
[0:45:10] Dave @DCBK2LA: I couldn't pull up the Willy Wonka fucking music fast enough. Goddamn it. Shit. Slower delivery next time, Alex. Slow delivery so it gives me time to
[0:45:17] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Sorry.
[0:45:17] ALEX DAMSKER @AlexDamsker: I'm, you know, I'm drinking caffeinated tea while I'm talking, so it's just coming out kinda fast. But Yeah. You're good. Believe... I just I just... What what is happening? What is what is happening in our world? And do you know what happened when when Trump declare... Declared the latest round of of tariffs? You know what Wall Street said? Wall Street. Wall Street said this. They said taco Tuesday. That is what they said. That is happening in our world. The only thing that moved was copper. That's it. That's that's what's happening in our world now. That's... I need alcohol. I feel like I feel like alcohol is mandatory at this point. I got I got Hold
[0:46:08] Dave @DCBK2LA: on. Oh, I can't... Yes. Adam came on, so we're good. I can't wait to hear Adam's take on all of it. Adam, welcome. Bro, I'm Rumor has it, you're buying the pump Bro,
[0:46:18] Adam McBride @adamamcbride: I'm gonna give you the alternative viewpoint. And look. Nobody's flooded this thing more than me on the timeline. I I... It's literally... It is retarded. We can all agree. But the thing is, with everybody so negative, I mean, it's like... I think I I saw some some votes on on the timeline that were, like, you know, 85% of people saying they're not buying it. Makes me actually bullish on it. I don't know. I just... Like, I get it. But, you know, realistically, pump is the winner of this cycle. If I... And I've heard different things. I don't know what they're gonna do as far as, like, you know, buying back the token or pass through revenue share to token holders. But at least this thing... I mean, I I heard you mention a lot of blockchains and shit. How much did Near make this year? You know? I bet Near made a $100 this year. You know what I'm saying? At least this thing has, like, traction. And, obviously, they've gotten the shit kicked out of them this last week, but that doesn't really, you know, ruin the network effects. I think pump is still the winner. So, actually, I'm I'm kind of leaning in. Now look. Is it gonna 10 x or something? No. It's not. But you might get a two or three x, and you can do, like, size, whatever size is for you. You know, size for me might be, you know, 20 sole or something. But, you know, you can go in with that, and you might double your amount of sole. And what's the downside? Did I get, you know, trimmed in half? You know, maybe this is the downside. So, you know, I'm not a trader. I'm not saying this is a good trade or a bad trade, but I'm I'm just saying opposite of the timeline often is is the winner often. And so that... That's where I am. I I I don't know. I think their pivot into, like, streaming, I get it. But, bro, I just think it's fucking impossible. I I I think, yeah, I'm a business guy. To win in one realm is amazing and incredible and incredibly difficult. To then try to win into a different completely separate realm is literally... Like, it's... I'll bet everything I have on Earth that they don't become, you know, a dominant streaming platform. It's just impossible to do. Completely different skill set. Adam,
[0:48:25] Dave @DCBK2LA: he said... Alon said, quote, we're gonna, quote, kill Facebook Yeah.
[0:48:30] ALEX DAMSKER @AlexDamsker: Bro.
[0:48:30] Dave @DCBK2LA: TikTok, and tweet
[0:48:32] Adam McBride @adamamcbride: Alon, I give him credit. Like, he's done an amazing job. Obviously, it's the winning app this cycle, but he ain't Mark Zuckerberg. I'm sorry, bro. There's only a couple horses like that on Earth, and he ain't one. He's smoking a little bit too much of his... You know? They hit it. Look. They hit it right. They got it right. He's rich. Amazing. It was an amazing thing, but, like, he ain't that level. Like, you know, you got it right in this very, very small arena.
[0:49:10] Adam McBride @adamamcbride: And they pick the right path, which is like, hey. Let's see if we can do this streaming thing. I think it's shown, though, with with the lack of people doing streaming and the lack of eyeballs. Like, I was just watching the Rasmer one just to check it out. Probably 30 people watching this stream. Like, my kid gets more... Playing fucking Roblox. Like, that's nothing. 30 people? Like... And that's their top streamer? Bro, come on, man. That's... It's like, literally, are more people in this space here. I mean, 30 people? Come on. Don't see it.
[0:49:36] ALEX DAMSKER @AlexDamsker: Yeah. Well... Okay.
[0:49:37] Dave @DCBK2LA: So Alec, go for a little bit.
[0:49:39] ALEX DAMSKER @AlexDamsker: So just, so these are actually really, really good points and stuff to consider on this. And and I I actually love that this was brought up because then we bring in the business model here. So first, Nearest revenue is about 31,000,000. So it's not nothing. Right? But pumped out fun brought in, 700,000,000 before experiencing a 92% drop. Right? They they were basically... I mean, right now, they're basically, like, slap... Those slap bands, those wrist things. Right? Like, you know, where they had a shit ton of revenue, but it was based entirely on everybody wanting to do these particular meme tokens that if everybody wants to continue doing those, that's great. But as soon as nobody wants to do those, they don't have an alternative. However, they are planning... I don't... But they don't have it in their contract. But they're planning, apparently, on putting 50% of the protocol's earnings into that coin. That does change the, the prognosis for that coin. Right? That changed it a lot. But it's not in it right now. Right? If they actually do put that in, like, rather than saying, oh, yeah. We're gonna do that. But if they actually do put earnings in there, then you've got way more than you have from, like, 99% of tokens. That's a token with actual value. Right? They're gonna put their earnings in there, and they know how to make money. You know, then, you know, they're slap bands, but slap bands even at, you know, 8% of what they used to do is still way more than most people are making it on any market. Right? Like, they know how to make money.
[0:51:26] Adam McBride @adamamcbride: That's Yeah. And and so, like, slap bands, like, we... Meme coins have gone through multiple cycles. So meme coins... I mean, in my view, meme coins are here to stay. Right?
[0:51:33] ALEX DAMSKER @AlexDamsker: It's not like meme coins
[0:51:34] Dave @DCBK2LA: are going away.
[0:51:34] ALEX DAMSKER @AlexDamsker: Slap bands. Right? Still fell. Those are still a thing. But they're not like they were when they were like, everybody was getting them. And, you know, like, whatever.
[0:51:48] Dave @DCBK2LA: Yeah. Yeah.
[0:51:49] ALEX DAMSKER @AlexDamsker: I'm just saying, like, look at it as, you know, the... Like, these are really important questions to ask about anything that you're purchasing is what is the benefit that you're getting when you're getting that token? Not just the tokenomics, which you should all know if you're interested in purchasing that. But, also, what's the business model, and how is that business model actually going to impact that coin? Because they may know how to make money, but that doesn't do anything for you if you were holding a token, and that token has no relationship to the the money that's being made. It's not stock. Right? It's not stock. It has no liquidation value. It matters, though, if they shove some liquidation value in there. If they're gonna put a protocol revenue in there, which I've seen some really interesting new models for how to give value to a coin or a token. And some of these are giving real value. Like, those should be preferred investments over ones that are basically like, here, we're just gonna dump a bunch of stuff on a market. Go have fun. They're just penny stocks, basically. It's just garbage on a market. But, and even if the the, the company behind it or the protocol behind it is making money, It it... If... It only matters if there's a limited supply of that particular token and the demand for the token is higher than the supply. Right? That's the only way if there's no revenue that's attached or nothing that's underpinning the value of that particular token. The only way that that company knowing how to make money and a lot of, like, use cases for that particular token matter, Like, the only way that that matters is if there's a limited supply and more people want it than have it. Right?
[0:53:44] Adam McBride @adamamcbride: Well, we know it's limited. It's a trillion.
[0:53:46] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Right? It's not.
[0:53:47] ALEX DAMSKER @AlexDamsker: I mean, it's just right. It's not. And there's nothing stopping them from issuing a trillion different things. And are more than a trillion... Are people gonna wanna use it more than a trillion times or whatever? Is there a burn rate in there somewhere? Nothing. There's nothing like that in there. So there's nothing that says the supply is going to outpace the demand. So, you know, the creation of the meme coins... And there's not really... Like, that token itself isn't intrinsically connected to the the creation of those coins. So it's not like you're burning these tokens in order to create those coins necessarily. Right? So it... There isn't that even intrinsic link between the use case, the desire to employ the use case, and the value of the tokens. This is the problem is that...
[0:54:33] Adam McBride @adamamcbride: Well, I I I look at the bigger problem is that they're never gonna... The the idea that they're gonna make 700,000,000 next year is... It it it... There's no way it's gonna happen. Right?
[0:54:40] ALEX DAMSKER @AlexDamsker: Right.
[0:54:40] Adam McBride @adamamcbride: I I... It's feel like this is... The the real issue for me is that they're just never gonna make this revenue again. And, like, I I gave them credit. I would do the same thing, bro. I drop a token and make $600,000,000. Of course. But they're never gonna... This revenue, if this ever does happen again, it'll be next cycle. The next bull run.
[0:54:58] ALEX DAMSKER @AlexDamsker: But are gonna find another use case, though? Do they plan on minting? Like, let's say they decide they're gonna do, like like, what is it? Like, the the 51 twelves or something like that. Like, let's say they find that instead of just meme coins, they become, like, basically, the the Solana version of of different ERC specialty coins. Right? Like like the wallet holders and the the ones that do, like, you know, special, like, NFT plus burn token, plus... You know, whatever. Like, let's say that they become that factory. If they if they have, like, use case that they start developing aside from these meme coins that they can basically become the ERC factory for Solana, then they've got something. Right? But if it's just pumping out meme coins, then you basically have to wait for meme coin cycles. And then it's essentially, you know, cyclically, you may have value in these tokens. But, of course, the tokens themselves, then even if they're attaching revenue to it, the value of the token is cyclical according to whether or not people are interested in meme coin.
[0:56:06] Dave @DCBK2LA: And, And, Alex Alex, here... And here... And here's the thing. I think that the selling point that you're talking about, right, where it's like, what's the thing... What's gonna be, like, the thing? Like, like, can they actually be, like, a five one one five... An ERC five one one five? Right? Like, at the end of the day, like, their thing is, like, we're gonna... We're putting 24% for the community, and we're gonna reward the creators. I don't know. Like, what does that even mean?
[0:56:30] Adam McBride @adamamcbride: The devs, bro. The devs.
[0:56:32] Dave @DCBK2LA: The devs. Yeah. The creators. And it's just like, what people... Like, are they gonna... Are they are they running a a Kaito campaign? Cool. If I see you... If they run a Kaito campaign, I see you tweet about PumpFund, we're... There's this... I'm filing divorce papers. I'm telling you right now. We are we are not... There's no way. No. You... Comma, you make me a promise right now. You know cool is all over that if
[0:56:54] Adam McBride @adamamcbride: that happens, bro. They throw a couple million there. Cool's all over that, bro. Are you kidding me? Dude, he'll be number one. Guaranteed. Number one.
[0:57:02] Dave @DCBK2LA: Guys, make me... Promise me right now. Guys, promise me right this second. I mean, nobody talks. Cool, comma, right now. Oh my god. You sons of bitches. I can't believe it. They're gonna sell they're gonna sell us out for fun fun fucking allocations. I can't believe this.
[0:57:22] Kkoma @itskkoma: No crying in the casino.
[0:57:24] Dave @DCBK2LA: I'm just kidding.
[0:57:26] ALEX DAMSKER @AlexDamsker: I love you.
[0:57:27] Dave @DCBK2LA: Landy, go for it. It's... Oh, you're coming. Got it. Got it, Coleman. Then we'll go, Landy.
[0:57:30] Kkoma @itskkoma: No. No. I was gonna say it's... It is ironic just like the ethos of pump fund being replicated by pump fund. Like, I don't know. It's... It... This is wild. Yeah. Mean, even I have my limits, but maybe a billion dollar, you know, campaign. I don't know. I'm just I'm just trolling at this point.
[0:57:51] Dave @DCBK2LA: I mean, they'd probably be better served. Landy, go for it.
[0:57:56] Landy @CryptoLandy: I'm sure everyone will make profits and and all will be well, and the world will heal as soon as PumpFund launches their token. I almost guarantee it. Alright. So... Look. They're actually in a position that if they did something crazy like a rev share out of the pools instead of straight up extracting all of it, all the fees, they did a rev share to holders, and they could come up with, like, crack the code. The only reason that I even bring that up... I'm not saying... And and I'm against buying it, personally. I'm gonna be looking for a short entry. But the reason I say that is because they crack the code on launching tokens. Right? If they were able to crack the code on rewarding token holders and platform users, it doesn't matter what anybody feels about it. It will likely be successful. But I looked at their tokenomics, and I ain't seeing that. Right? So it's a big if. Right? And and this is just something that I'm not seeing when looking through their tokenomics. Most of the stuff that's coming up surrounding any of that conversation is purely speculative. And, yeah, it's gonna be bundled to shit. I mean, it's been said a few times. It's gonna be bundled to shit. And if people are really that bearish on it, I bet you that it does pump through some short interest... Open interest if there's any short open interest contracts. And then that's when you're gonna see everybody race to the exit Because people have been getting killed in the trenches for, what, like, months now. Right? So they're they're just hurting for anything to go up so they can at least break even.
[0:59:30] Dave @DCBK2LA: Right? Do you remember the success rate? Right? We called it the slaughterhouse, Landy. Yes. It was point 004% of the people that literally made more than 10 k. What are we talking about?
[0:59:42] Kool @koolcryptovc: Yeah. You know what
[0:59:43] Kkoma @itskkoma: the biggest issue is on top of that? The fucking fees, man. Like, have you used, like, GMGN or, you know, Acxiom or... Like, you think you're making a profit, but you're actually getting wrecked by the fees. So you... It's just This this is where it's really...
[0:59:59] Landy @CryptoLandy: I I I don't mean to stop anybody. This is really important to understand. You know how all of the liquidity pools were going to Meteora off of pump fund. Right? So that's where people really ate. Like, if if something had volume and you were able to get you're able to either get some supply or you scale in, in in one direction, you trade SOL or USDC for the token and then begin to even out your pools, you you you could eat if you understand what to do, but that is a very high risk game. It's a very, very high risk game. And if you don't have a lot of money, you can't do it. Your $100 isn't gonna do shit there. Right? Because you'll never actually... You can't start your own pool. And even if you're contributing to another, it's weighted that you'll never see any kind of... So it's set up to be for the bigger players on the pool side. So you see this massive amounts of... So there's a lot of players over there that they don't give a shit what the token does because they're over in the liquidity pool... Pools, and they just want to eat off the volume. And that is where the real money is made outside of that particular ecosystem. And then, of course, the original pool that gets moved over that, is is all pump fund. Right? That's... That was theirs. So now they have their own. And could they do... Potentially do something interesting? Potentially. Do I think that they're gonna do anything interesting? Absolutely not. And maybe that maybe that statement right there will bite me in my ass. And before you know it, I'm gonna be on Kaito bull posting about pump fun token and platform, and it's the greatest thing since Don't the next
[1:01:37] Bread @_ToastMalone: big Yeah.
[1:01:38] Dave @DCBK2LA: Oh my god. This is gonna be the dissolution of NTC.
[1:01:41] Landy @CryptoLandy: Somebody just sent me a whole lot of Solana just two seconds ago and said to say that PumpFund is the next bitcoin, definitely gonna go to 3,000,000,000,000, $4,000,000,000,000 market cap. Every single treasury company is gonna need pump fund in their treasury, so that they can run the the, the stock grift, in traditional markets for their failing businesses. And, yeah, it's gonna be great. It's all... Everything is gonna go to Valhalla. Don't worry about it. Everything I just said was...
[1:02:09] Adam McBride @adamamcbride: Well, to to Landy's point, like, people do understand. To hit... To strike gold once is basically impossible. To hit it this big, to strike it twice is impossible. So whatever you do, don't don't don't perceive that there's some how magically gonna come up with some magic formula and hit... Strike gold again. That... That's like... It's literally impossible. That won't happen.
[1:02:30] Kool @koolcryptovc: Yeah. I don't I don't I don't think they care about the token doing well, man. The the founders, the devs, they're gonna make their money, man. As long as they do, that's what they care about. I don't think they care about I don't think they care about the token doing well. It's it's... It doesn't matter. They're gonna make their money. Their investors make their money. That's all they care about. And I think, unfortunately, they're they're they're probably gonna pay a couple of KOLs to hype this thing up. When when when the launch comes up, it's gonna be... Yeah. What's up?
[1:02:58] Landy @CryptoLandy: You know that the smart thing to do is if they're really gonna pay Kohl's... The smart thing to do for any project is you don't pay them in tokens or Allo. You give them a percentage of the pool fee. And then you do basically the same thing that every centralized exchange has done since inception, is you get a percentage of the maker taker. Essentially, you're getting a percentage of the pool fees. Then they can be as honest as they want, and when they're out, they're out, and they don't affect your project. But is PumpFun gonna do that? No. Give me a break. We skipped over Empress there. Sorry.
[1:03:34] Dave @DCBK2LA: Real quick. I just want Cole to understand. Like, you are one of those k o... You will be one of those KOLs if they come with a Kaito fucking leaderboard project. Do understand me? I just wanna drive that home.
[1:03:44] Adam McBride @adamamcbride: I I don't
[1:03:44] Kool @koolcryptovc: I don't I don't know if if... Because because it's... I don't think Kaito is probably gonna wanna work with... I know. Like like I said, money is a is a is a is a good thing for a lot of people. More money, more problems, I guess. You know? But if if they use Kaito as a launchpad to push on fund, then it's probably gonna do well because people over there are different. They don't care. They will just jump on what... Whatever is in front of them. I don't think that's probably gonna happen, though. But
[1:04:14] Adam McBride @adamamcbride: Cool. Why aren't why aren't you why aren't you livestreaming over there, bro? You you crush over there.
[1:04:19] ALEX DAMSKER @AlexDamsker: Yeah. You crush.
[1:04:20] Kool @koolcryptovc: Over over at I'm
[1:04:21] Adam McBride @adamamcbride: pumped, man.
[1:04:22] Voice N: Bro, if you'd been if you'd
[1:04:23] Adam McBride @adamamcbride: been livestreaming for the past four months on there, bro, your airdrop would have been I'm
[1:04:27] Dave @DCBK2LA: gonna mute you in two seconds. Would have been, like, a 100
[1:04:30] Adam McBride @adamamcbride: k, bro.
[1:04:30] Dave @DCBK2LA: It would have been, like, a 100 k. Dude, you're up like the hell out of you in two seconds.
[1:04:37] Dave @DCBK2LA: I'm gonna kill you fucking guys. Jesus Christ. I I put the... It's like the title is clickbait for fuck's sake. It's not real. Shit. Oh my gosh. And go for it, then I wanna say what's up to Jay Yabs.
[1:04:51] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Matt, go ahead.
[1:04:53] Dave @DCBK2LA: Oh, Jay, what's good, my bro? Please tell me you came to FUD the Pumped Up Fun fucking, and you're gonna join us on the watch and crash party... Wine and crash party that Alex is hosting.
[1:05:06] Dave @DCBK2LA: He said, no, man. I'm fucking asleep. I don't know about you. I came up to Engagement Farm. That's my boy, Jay. Go check out his GM fucking... His GM NFT collection, and he's the man. Yeah. Go for it. Shout out to my man, Rambler, down there. What up, Rambler? I see you, bro. My man who is literally the artist behind the the the ATC logo, bro. Appreciate you, Rambler. Alright. Are we done, or do we have anything else to add? Anything else on the FUD train here? Anyone?
[1:05:33] Kkoma @itskkoma: Well, who did a pump fund acquire? Or they said that they have their first acquisition and announced soon. Anyone have an idea
[1:05:44] Dave @DCBK2LA: themselves? What? They made an... Who did they... Wait a minute. Oh, now Nobody nobody knows. Nobody knows.
[1:05:52] Kkoma @itskkoma: Nobody knows. It's just the speculation.
[1:05:54] Dave @DCBK2LA: Announcement of an announcement. I love that. Oh my god. If there is one thing that defines Twitter... Crypto Twitter, it is a fucking announcement of an announcement. That's what drives your price. God forbid you actually fucking do something really revolutionary and innovative and actually fucking throw some money back into the
[1:06:11] ALEX DAMSKER @AlexDamsker: fucking pool
[1:06:11] Dave @DCBK2LA: like Alex said. Yeah, Alex.
[1:06:13] ALEX DAMSKER @AlexDamsker: Yeah. It's the, it's the it's the could acquire after it raises a billion. So so this is because they lost a bunch of revenue they're doing this sale. Right? So this is the... It's the four companies they could acquire after they get all their money. So, like, this is the... You know, I feel like I could do a really good job working in their press... In their... Like, for their... Doing their press, which cracks me up because I know shit about press releases other than, like, the legal stuff. So that that should tell you something, right, which is... I I don't know who's running that. I I really feel like it might be AI. Honestly, I feel like I feel like they have AI running in. They're like, run a press release right now. Get back in the news. Do something so that, you know, people are thinking about this, but it's not really an offering. And, you know, we're not talking about the stock offering. That's what we're gonna talk about. So
[1:07:16] Dave @DCBK2LA: Imagine I feel
[1:07:17] ALEX DAMSKER @AlexDamsker: like that's what's happening right now.
[1:07:18] Dave @DCBK2LA: Imagine we see pump fund... Like, imagine they're like, fuck these guys. We're gonna make them eat their words. We're gonna reverse merger and become a public company. Imagine they have, like, some, like, SP. They set up some s... Or they, like, some SPAC deal, and they're like, yep. We just reverse merger to some defunct fucking slinky slap band, you know, company that's been public on the Nasdaq, but it's been failing. It's been trading on the bulletin board. So we decided we're gonna
[1:07:42] ALEX DAMSKER @AlexDamsker: Y'all y'all laugh about my slap hand thing, but you're gonna remember that now. Right?
[1:07:46] Dave @DCBK2LA: That's a fact.
[1:07:47] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: See, you can laugh at
[1:07:48] ALEX DAMSKER @AlexDamsker: my analogies, but they look We've we've seen crazier. These facts are gonna put them squarely in, in SEC, viewpoint. Like, not this SEC. I don't know what this SEC is. This SEC is like SEC in name only. It's like a it's like a suggestion EC. That's what this SEC is. It's not securities anymore. It's sorta like it's like, you know, sit here, EC. I don't know what they're doing here anymore. But but but that's... But, you know, usually, a SPAC would be like, immediately, do not pass go. Do not collect $200. Go straight to the SEC, and they hate this blank checks and reverse mergers, with, with, you know, pooling companies. Those are terrible things to have to deal with. Like, it's a pain in the ass. And there has to be a real reason that you actually wanna go come... Wanna go public, to do it that way. It's actually easier in a lot of ways to just file your stupid s one. But, anyway, yeah. I mean, I don't know. Maybe they'll do that, but none of this really... There's nothing that's great here. They just need money. Right now, what's happening is they lost a lot of revenue, and they need money. They don't need money. What do they need money for?
[1:09:05] Dave @DCBK2LA: What? What do they need money for? They don't do anything.
[1:09:08] ALEX DAMSKER @AlexDamsker: They... Apparently, they have a ton of people. They've got a lot of people there, and they don't wanna cut people because that's a bad signal. So they just want... They need money. Think that's what they want is they want money. Maybe they want it shutting down, and they... All the founders just want a bag before they go. I think that's what they're doing.
[1:09:27] Dave @DCBK2LA: Because 757,000,000 isn't a big enough fucking bag. Like, it's... Oh, man.
[1:09:33] ALEX DAMSKER @AlexDamsker: I think they spent it. I think they spent it or maybe their investors have it or whatever, but they want a bag before they go.
[1:09:40] Kool @koolcryptovc: Yeah. They they they... You know what?
[1:09:41] Kkoma @itskkoma: You know what?
[1:09:41] Kool @koolcryptovc: This game is played, man. I I think I think I agree with Alex. I think they they rolled this project high when meme meme coins are popping off. I don't think they planned properly because if you made a... That much money, there's no reason to do this. But maybe you just agreed, man. Who knows? But I don't know. But money is money, man. People want more. Right? That's kinda how this this game is played, man. I think this might be another easy, easy way to do this. And, unfortunately, they're gonna, you know, make money off DJ's back. So... But is it... The game is the game, man.
[1:10:14] Dave @DCBK2LA: Yeah. And we try to entertain y'all a little bit here too. So the dichotomy that you're about to hear, I think is all gonna play into this fun. I need everybody to retweet the the the the the pinned tweet that I put at the top, and please listen to the following message.
[1:10:31] Voice K: We interrupt your regularly scheduled programming with breaking news from the Department of Motorized Wildlife violations. This is Hazel Ledger reporting live from what federal agents are calling the great scooter caper of twenty twenty five. At approximately 03:47AM, witnesses report a custom Mansory e scooter valued at more than most people's cars was seen performing what can only be described as aggressive nut bending maneuvers through downtown traffic. The writer, our infamous crypto squirrel, Kaka, who apparently convinced a luxury German engineering firm to build him personalized transportation despite having no driver's license, Social Security number, or opposable thumbs.
[1:11:07] Voice M: I was investigating reports of suspicious acorn hoarding when this blur of fur and carbon fiber comes drifting around the corner. This maniac's got RGB underglow, custom speakers blasting some kind of squirrel death metal, and he's throwing what looked like birthday invitations at pedestrians while screaming about IP ventures and liquid staking protocols.
[1:11:27] Voice K: The Department of Unusual Celebrations has issued a formal warning about Kaka's upcoming birthday preparations, which reportedly include a 50 foot inflatable Cockamillions lottery ball, his bipolar AI alter ego, Kaka for Kaka hosting a roast session, a 2,000,000 token KuCoin competition prize wheel that violates several physics laws, something called the ultimate Dijon birthday bash that requires signed liability waiver.
[1:11:56] Voice M: Look. I've been tracking this squirrel through three different federal agencies. And every time I think I've got him figured out, he launches another partnership or creates another AI offspring. The birthday party's this Friday. There's an x phase happening. And, honestly, I'm buying more tokens. If you can't prosecute them, join them.
[1:12:13] Voice K: The scooter remains at large. The birthday preparations continue. And somewhere in the digital wilderness, a squirrel born in a seven eleven dumpster is tokenizing his entire existence while doing wheelies on German luxury transportation. This is Hazel Ledger reminding you, when the government can't regulate it, it's probably time to invest in it.
[1:12:33] Dave @DCBK2LA: Let's fucking go, MetaVisa. So at the same time, we're telling you fuck, pump, fun. We're also telling you come to our Twitter space on Friday for cock out of the squirrel. We're not telling you to buy the token. We're just telling you to come have a good fucking time with us. It's gonna be a fucking blast. Meta Beast, incredible ad, bro. That was so, bro, that's that's amazing, dude. That's really so good. I figured that that on the back of us being like, fuck, fuck, fuck. It's like, hey. Who wants to come talk about a fucking coin score?
[1:13:06] MetaBeast @AKCMetaBeast: Kaka. Kaka. If you haven't checked out Kaka, just check out at least his his content. It's I thought you're gonna say that it's about
[1:13:14] Kkoma @itskkoma: Kaka, but... Okay.
[1:13:15] MetaBeast @AKCMetaBeast: Yes. You could do that too if you like. That's... I... I'm not gonna judge.
[1:13:19] Dave @DCBK2LA: Let's go. Friday, guys, it's gonna be 02:00 in the afternoon. Me and Omily are gonna be cohosting. Gonna be up there with us with the the Kaka on Seoul team. And, yeah, these guys, it's fun. Honestly, these are adult swim guys for those that obviously know the adult swim programming that used to be on TV. It's just... It's genuinely, like, hearing what these guys are doing. It's it's just... It's awesome. They came out with amazing, like, PFP generators. Like, just come chill. Have a good time. You have zero... Nothing. Nothing. Just come chill. Have a good time with us. I think it's gonna be super fun. Talk about that. Talk about, like, every every remix. Alright, guys. Six forty four. Cole's gotta stream in fifteen minutes. Adam, don't tell Cool to go streaming on fucking pump fun. That is the last thing we need Cool to be doing. Understood? The last thing we need him to be doing. Yeah. That'd be... Just go for it.
[1:14:12] MetaBeast @AKCMetaBeast: I wanna ask a maybe simple question for people that might be coming new into the spaces. How how do you guys... Have you guys decided on which wallets to use? What features do you look for specifically that you want it to have? And I guess, what wallets are you using? And I can start with... When I come in, MetaMask is everywhere. I know some people don't care for MetaMask.
[1:14:43] Adam McBride @adamamcbride: Yeah. Don't use MetaMask, bro. Use use Phantom or or Ravi, I guess. A lot of people like Ravi too.
[1:14:50] MetaBeast @AKCMetaBeast: I... I've I've looked into Rainbow and Control Wallet as well. I do have a Phantom for the Solana side. But then I'm also into different, you know, blockchains like Atom that isn't... Or was not integrated into many wallets. So I ended up with a... What is it? A Starkeys
[1:15:16] Dave @DCBK2LA: Cosmos wallet. Right? Or Kepler wallet. Yeah.
[1:15:19] MetaBeast @AKCMetaBeast: Let see. Kepler. I have that.
[1:15:21] Dave @DCBK2LA: Great. Empress can... Empress has literally been yapping about this forever. Like, she... Like, the rabbit wallet and everything. Because I told her, like... Because she's been obviously preaching hyper liquid, and I was like, look. We bridged over, but I had to do the whole snap thing on Metamask. It was tough. It's native to rabbit wallet, and I think rabbit wallet is gonna start making a comeback. But, Emp, I'll let you tackle that. MetaBees, great question, bro. Like, I think that's super important. Like, yeah, let's go. Guys, please just retweet that thing at the top too. Do me a favor. Come on. Emp, let's go for it.
[1:15:49] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. So I have no less than 22 wallets on my phone. So if you wanted a magic bullet, you're not getting one. The reason that MetaMask wins hands down, unfortunately, if you ever have to have the jack of all trades is because you can add custom networks to it, and the majority of wallets don't allow for that. And that ability to add custom network is superior. It's just the reality. People need to pivot to it. They won't pivot to it. Rainbow wallet is superior because any airdrops that you get that are ETH based or base when... If you're a MemeCoin person, they show up there, and you don't see them anywhere else. You don't... They don't automatically populate you, so it doesn't show up. Sometimes your Phantom will populate them, but it still doesn't have all of them necessarily. Rabbi is perfect for hyper liquid. It's built for it. Okta, I haven't used, but I hear it's well... It it works as well. Rainbow is becoming highly kit... Or I mean, Phantom is becoming highly competitive, and it works in a lot of ways. But it... The OG Soul wallet that you originally made doesn't carry over if you have e things, so be careful if you send e things to your Soul Addy. There's a lot of complications and things with the interplay. But at the end of the day, if you were trying to pair down to the best of your ability, it's usually unfortunately MetaMask just because it's the only one that seems to rely to add the custom network aspect.
[1:17:17] Dave @DCBK2LA: Bombs. Amazing fucking breakdown. Thank you, Em. That was fantastic.
[1:17:22] Kkoma @itskkoma: I'll just say with Phantom, just don't ever swap on Phantom because the fees are ridiculous.
[1:17:30] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Magic Eden swap is superior... Oh, sorry. Real quick, Alex. Magic Eden swap is superior when you can't... When you need to get it done quickly, but you do have to pay attention to whether the fees... If I'm swapping using a wallet apparatus, I try rainbow first. That's my go to. Then I go to magic eat in. And then I do juke through phantom, and then I go to the other sex. But I also don't use the centralized exchanges because fuck your KYC, you fucking lemming. Go ahead, Alice.
[1:18:04] ALEX DAMSKER @AlexDamsker: So agree with a lot of this. The only thing I'm gonna tell you is that anything that has a Google Chrome extension is susceptible to hacking. Google Chrome has a weakness with this extensions. Do... So so first, avoid using anything on an extension. Try and do the mobile app first. And, yeah, I see it. And then second, when you're... Like, try not to use the ones that are, that are web first, in general just because they... They're they're not as safe as safe. So the other thing is I I personally love the UI UX of Rainbow, but it is also much more hackable. So, you know, there's there's... Security aspects also have to be a priority. So cold storage is always the first way to go, if you're looking for a wallet. And and then if you need, like, a warm wallet as opposed to a hot wallet, don't leave things on exchanges, then you need to look for something that is protected. Now I personally would love to see something that was just insured. That's really what we need, our insured accounts so that we don't have to be, you know, as as susceptible to all this... All the hacking and loss and stuff like that. It really shouldn't be on us, but that's a whole separate story. Now I gotta go pick up my kid. You guys are awesome, and I'll talk to you guys soon. Take care.
[1:19:40] Dave @DCBK2LA: Appreciate you, Alex, as always.
[1:19:42] ALEX DAMSKER @AlexDamsker: Where's where's... What's his name with the
[1:19:44] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Hold on.
[1:19:45] MetaBeast @AKCMetaBeast: The insure... Wallet insurance?
[1:19:47] ALEX DAMSKER @AlexDamsker: That's a... I'm not sure. That... That's a whole other topic. But, man, there's a whole bunch of insurance holes right now, and I've got a lot to say about that. So if you open up a topic on that, call me or ping me because that's a whole industry, and there's a lot of misaligned and non incentivized, like, liability right now that are on the wrong parties. And if we can actually fix some of that with insurance, then we can actually change the entire industry and blow it up because that's actually one of the biggest problems in our industry. There's a lot of people who can't enter the industry simply because of that. But now I gotta go because my little kid is waiting. So I'll talk to you guys soon. Bye.
[1:20:27] Dave @DCBK2LA: Thanks, Alex. Bye. Go for it. And, guys, you retweeted the wrong one. I love you for retweeting this space, but I meant to pin tweet at the top, the cock off space for Friday. Thank you very much, Em. Go for it.
[1:20:38] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. I hate everything that was just said there. Every single aspect of that.
[1:20:44] Dave @DCBK2LA: Cock off
[1:20:44] ALEX DAMSKER @AlexDamsker: all five.
[1:20:45] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I can't even.
[1:20:46] Dave @DCBK2LA: It's on 07:11, his birthday. I'm gonna have back to 07/11.
[1:20:49] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Not even saying that. Whatever you just said, it's the same as when I had a sappy seal. I refused to make the noise that the sappy seal makes. I'm not saying whatever you just said. I wasn't even talking about that. I was talking about the insurance thing because, again, the KYC lemmings thing. Like, you... Like, what what... No. I hate every aspect of that. But, yes, I do understand that on that side of the trad fi, cooking for government culture that we wanna get people in and all of you single issue Trump voters, yay, crypto, whatever. Yeah. Go you. Have fun with that. I wanted to say, Meta Beast, yeah, actually, I personally use three different mobile devices. Only one of them is attached to a provider because that's how I navigate my crypto, and the other two are Androids because it allows for a desk... Desktop site. So I don't use these extensions that she was referring to in general. And Oculus Wallet, by the way, if you would like a Ledger vault option. Ever since Ledger came out with a neon orange hat with a tiny pocket that said Ledger on it, I'm not really about that security lifestyle, but I like the Arculus wallet or card, I'm sorry....
[1:21:59] Dave @DCBK2LA: Provider? When you say provider, what do you mean provider? As an Internet provider?
[1:22:02] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: As... Well, when I'm not... If it's... So one of my devices, I turn... I almost never attached to the Internet, period, at all. Two of my devices don't have, like, a service provider. Like, they're not AT and T or whatever. They're just dead phones. You know what I mean? And I use the Internet on them, but I don't have them per... Like, attached to Verizon or AT and T. I have one phone. What?
[1:22:26] Dave @DCBK2LA: You use the Wi Fi, though?
[1:22:28] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I use only... I use... So on my on my one device that has my Oculus card, my vault, or whatever, rarely do I have that attached to the Wi Fi even. I have it, like, a cold device. The device itself, it's cold, pretty much.
[1:22:43] Adam McBride @adamamcbride: So are your others is, like, one phone, like, Solana and one phone's Ethereum, like, that sort of thing?
[1:22:49] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. Yes. Like, well, I have the... One of my devices is a Solana phone. I have an old LG. I'm getting the Ethereum phone, so that will become my secondary crypto navigation thing. And then I have my Apple that I use for, like, spaces and then cell phone service and whatever else, and quick meme coin trades and anything else. But I I don't use a desktop. I think that these services that are coming out and they don't do mobile first are silly in general.
[1:23:18] MetaBeast @AKCMetaBeast: What about using WalletConnect?
[1:23:21] Dave @DCBK2LA: I live and die by WalletConnect.
[1:23:23] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: You oftentimes have to use WalletConnect. I don't I don't... The thing is, at the end of the day, if you practiced basic crypto security with a vault and cold storage and a hot wallet, you don't have to be as psychotically paranoid about things. That's just the reality. I don't keep my MFers on the same device even that I'm flipping shitcoins in the salon and casino. Like, I just... I don't fuck around with links where I have my valuable assets. And if you are somebody that is clicking links and moving through things when you have high value assets on that device, whatever it is, or desktop, it's it's a mistake in my mind.
[1:24:11] Dave @DCBK2LA: And, Chris, we'd like to... I just got a DM saying somebody'd like to invite you for a podcast in the upcoming future. They're very interested in what you're doing out here in the space. And
[1:24:21] Adam McBride @adamamcbride: Yeah. If you could join on your
[1:24:23] Dave @DCBK2LA: Android phone, that would be ideal.
[1:24:25] Adam McBride @adamamcbride: We'll send you the Zoom link. I agree with Empress, by the way, on that that... The idea of insurance. Oh my god. Would that insurance company go bankrupt in the first week or the second week, bro? I mean, the crypto guys would work that shit over in a fucking day. There's no way you can insure a fucking bearer asset.
[1:24:43] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Impossible. To take accountability for what I click on? I can just be out here clicking willy nilly and reimburse for that shit? Sign me up.
[1:24:51] Adam McBride @adamamcbride: Bro, sign me up twice on Sunday all day.
[1:24:54] Dave @DCBK2LA: Hey. Hey. Hey. Listen. You will not flood my fair side, boys. They gave me... I mean, it might have been after the fact, but I got 5 k in wallet insurance, motherfuckers. Okay? So it's... You know, I might get hacked sooner or later. You never know. It could happen, but, yeah, at least I know that I'm covered at this point. Okay?
[1:25:12] Kkoma @itskkoma: The ultimate hack is getting the insurance and then hacking yourself, and then you, you know, you get both wins. You get double your money. Boom. Boom. Boom. Yeah.
[1:25:21] ALEX DAMSKER @AlexDamsker: Don't you
[1:25:22] Dave @DCBK2LA: remember lady who tried to kill her husband for insurance money.
[1:25:25] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Remember earning NFT days, you would just say that you got drained and get pity and get donations from everybody and get clout, and then you'd also collect it on the backside from the drain that you perpetrated on yourself? I think the dev from A Kid Called Beast did that at one point.
[1:25:39] Dave @DCBK2LA: Oh, they did much worse. But we won't go there. I'm not trying to fight meta beast bags. Vince I'm I'm not this one wants
[1:25:44] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: to in a kid called beast. I said one person. I want everybody to
[1:25:47] Kool @koolcryptovc: say I'm fucking a kid called beast.
[1:25:49] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I'm an old man. Kid called beast, though.
[1:25:51] Dave @DCBK2LA: Oh, yeah. It was me. Let me be clear. It was me. Absolutely fucking it. But, yeah, Vincent, go for it, bro.
[1:25:55] Vincent_R @DJVincentR: Welcome. Dave, I I wanted to to ask Empress and probably even Landy too as well. Like, with that phone security thing, why not go through, like, say, Afani? Are you familiar with them?
[1:26:08] Dave @DCBK2LA: What's that?
[1:26:09] Vincent_R @DJVincentR: A what? Afani? Yeah. It's called Afani. Basically, you can have cell service through Afani, and it say... It runs on Verizon and AT and T network, but it actually privatizes your line, so you can even get SIM swapped. But they just provide the service, so you still have service on the device, but nobody knows who the actual account
[1:26:30] ALEX DAMSKER @AlexDamsker: owner is in the back end.
[1:26:32] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I still wouldn't trust it, to be honest.
[1:26:33] MetaBeast @AKCMetaBeast: I use The end of the day.
[1:26:35] Kkoma @itskkoma: Use Helium.
[1:26:36] MetaBeast @AKCMetaBeast: Yeah. Helium is my phone carrier.
[1:26:39] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: But but at the end of the day, I I... Like, especially with normies coming in and stuff, like, we can start teaching them, like, these super high-tech special ed, or you can just... Like, honestly, most people aren't even gonna buy an Arculus card. Right? So if you can even, like, get the idea across of get an old cell phone, keep your shit on it, and keep it not attached to anything, that's a pretty simplistic, normie friendly, budget friendly idea of how to keep your shit straight and not be, like, trying to navigate a whole bunch of complicated things. You know?
[1:27:12] Vincent_R @DJVincentR: So, Empress, is Arculus kinda like Tangem Wallet in a way?
[1:27:18] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Unfamiliar. But what it does is it requires an actual physical card that you tap on the back of your phone Yeah. To to do anything.
[1:27:28] MetaBeast @AKCMetaBeast: It's like Tangem. Mhmm.
[1:27:29] Vincent_R @DJVincentR: Yeah. It's like Tangem. Yep. You you get programmed. It's got a chip in it, and you have to have that tap. Very good. Okay. Yeah.
[1:27:37] Dave @DCBK2LA: There's a few... We should probably do a wallet thing too. I I actually spoke with the Zyngo guys. The Zyngo guys, they got funding from from Tether as well. They've been they've been... They're OGs in this game too. So, yeah, maybe we actually get, some wallet guys out there.
[1:27:50] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: This AI shit. Like, I'll tell y'all right now. I can sound like a boomer. I don't fucking care. Like, don't be putting all that tech in
[1:27:58] Dave @DCBK2LA: your AI
[1:27:58] Adam McBride @adamamcbride: and Bro, Empress Empress. Let's make a bet, Empress. In two years, you will have an AI wallet.
[1:28:05] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I guarantee It's gonna be on that third hot device.
[1:28:09] Adam McBride @adamamcbride: Oh, absolutely, dude. Absolutely. I'm not saying as a storage device. I'm saying as your daily driver is gonna be an an AI wallet. 100%. Because who wants to have fucking wall... You you... What'd you just say? You had 15 different wallets for ten ten different blockchains? Like, who the fuck wants that? That's gonna be the AI layer for sure.
[1:28:28] Dave @DCBK2LA: That's facts. Ladies and gents, it is two minutes to seven. Cool is actually gonna be starting his stream in a couple minutes. I'm going to go eat dinner. Appreciate you guys obviously coming through here. Impacts, I apologize. There is no DGN ATC today. So, yeah, tune back in next week, and maybe we'll do it. Cool. Landy, thank you. Adam, appreciate you coming by. And as always, coma. Vincent, thanks for coming. Meta Beast incredible shit. And, guys, definitely tune in on Friday for the for the for the birthday bash, the seven eleven squirrel birthday bash on 07/11. Appreciate y'all. Peace.
[1:29:02] MetaBeast @AKCMetaBeast: Let's go fucking.
[1:29:03] Dave @DCBK2LA: Thank you. It's about fucking time.

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