🎙️All Things Crypto: 20,000,000 $BTC Mined! 1,000,000 Left!

# 🎙️All Things Crypto: 20,000,000 $BTC Mined! 1,000,000 Left! | 2026-03-09 | https://x.com/i/spaces/1OGwblLqApRKB | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:00:11] Dave @DCBK2LA: Crypto. What's up, d?
[0:03:11] Dave @DCBK2LA: What's up, everybody? Stragglers. God forbid. Sixty seconds late. Natalie didn't call. Man, you guys are giving me some leeway on national nap. You guys know today's national international nap day or whatever it is? Yeah. I was just reading the whole study about this. It's good for the brain. Just saying. Anyways, what's up? Hope you guys are good. Cool, Nat. What's cooking? What's up? Cool. What's what's good?
[0:03:37] Kool @koolcryptovc: Hey. What's what's going on, man? Say space empty. The the price of oil, I scare every... Everybody away, man. So I hate it right now. No. I'm good. I'm good, bro. No. No. It's... Happy Monday. Happy New Week. No. No. What's what's good up there? What's up? Yeah. I I need to figure... Okay. So I... You know, I've been buying Tau. Right? I'm I'm good. But I I just discovered that Tau has, like, all these subnets, and each subnet is worth, like, $84,000,000 per subnet. I'm like, yo. What the hell is going on? So there's a ecosystem under Tau. I'm like, I need to do my research, man, because I'm like, have we been missing out on thousands of o of x's that's for the past, like, eight months, nine months? Like, it's crazy. So I need to figure out how to, you know, get on board with the the
[0:04:28] Dave @DCBK2LA: Check out check out
[0:04:30] Kool @koolcryptovc: Yeah. It's on? Yeah.
[0:04:31] Dave @DCBK2LA: Check out subnet. I think it's... It was subnet 15. So we talked about this a long, long time ago when I started delving into it, and then my ADHD took over. But I think it's something... I'll I'll give you the the the the Twitter handle of the of the founder of... I think it's subnet fifteen where they contribute Bitcoin hash rate, and they were cooking on the mining side. Right? Like, so they were using that compute power to essentially contribute hash rate, and they were mining Bitcoin for hella cheap, bro. It was nuts, and the money that they were making. And there's tokens down there, bro. So, like, you take your towel, and then you go stake it, and then they give you, like, subnet... They're like, they have subnet tokens. It's kinda wild. It it... It's really nuts, but it's super complex. Yeah. Like, good luck. Come come back if you make some sense of it.
[0:05:15] Kool @koolcryptovc: So so your your your your stake Tau is what earns you the the the the subnet tokens. Am I correct?
[0:05:21] Dave @DCBK2LA: Yeah. Yeah. That's from what I from what I remember, I think so. Yes.
[0:05:25] Kool @koolcryptovc: Well, because what... It's... Because I was... I like... Because I have Tau. I've been buying entire every day for a while or whatever. But I'm like, the the ecosystem projects, they work 84,000,000 per. That's insane. Like, a lot of money being made on the ecosystem. Like, I need to do it. You have to do it.
[0:05:42] Dave @DCBK2LA: So you you remember Billy Betts when Billy Betts first launched, like, what bread what bread was doing? Billy Betts initially launched on a Tau subnet. Right? Like, their entire, like, stack was built on a Tau subnet. So their whole... The whole prediction model or whatever, all their datasets and everything was built on... I forgot which one, but it was built on them. Yeah. But they're all different, right, which is kinda cool. It's like this whole ecosystem that's like... This whole new wonderland that you get to go discover, but come back with your findings, please, because, yeah, I I give up after, like, a day or two. I was like, wait. What? So... Yeah. Please come back with findings. Where is everybody? Like, what is going on? Like, everybody's like, like, everybody disapproved.
[0:06:25] Kool @koolcryptovc: Price of oil. That's freaking me out, bro. That's what I'm...
[0:06:29] Dave @DCBK2LA: Yeah. Well, speaking of the price of oil, missus Caldin over here is gonna surely tell us how she shorted the top, and she literally made so much no money like short money. Hello, Natalie.
[0:06:41] NatNat @Natnatx007: I think it's short the exact top. Okay? I was watching some... A family movie night with my daughter and my husband and my baby, so I missed the exact top. But we got a nice short end at around 01:12... At 01:10. I'm sorry. And it it did alright. It did alright. I'm not complaining. And we we bought some additional assets this morning. That date also very well today. But overall, good day. Busy, busy day with the kids, so not much more after that. I was in one space earlier with with Kate, and now I'm here. So I'm ready to dive into this. I'm ready to have this conversation. The space this morning was the light too. Spaces across the board have been light today. I think cool is cool is right. Oral is scaring people. I don't know what's going on, but all spaces today seem a bit like... Light. But that's AskLink play, though, David. AskLink has been doing its thing.
[0:07:34] Dave @DCBK2LA: Let's go. Yeah. We had him on magic hour today. We got a space tonight, actually, after this at 08:00 with Grovex, which is the new exchange listing. So, yeah, there's a lot there's a lot cooking out here. You know? There's a lot of things cooking out here. So let's hope that this, you know, that it that it does some numbers and it continues to kinda keep moving up. It's looking good for now. If we can get to 500, 600 k, then we might be in good shape, man. We might be in good shape. Let's see.
[0:08:05] NatNat @Natnatx007: Yeah. But there's there's no, like, mass sell order, like, underneath... Oh, okay. Because it's gonna... It, like, it's, like, it ruins the whole thing.
[0:08:14] Dave @DCBK2LA: Yeah. I mean, that... I wouldn't have I wouldn't have gotten into this. Right? Like, I literally have a a sitting 10 SOL limit order that got, like... Half of it just got filled... Like, got filled, like, earlier. Like, 03:40 or 03:30 is my first buy since literally, like, day one or two. Because I think there's... Like, especially with the action fight campaign launch and everything. But, Matt, I wouldn't have got into this if I didn't know that he had supply control. Half a billion of them were locked up for six months, and then, you know, he's know, he owns a good chunk of the rest, you know, it's it's a few here, a few there. You know what mean? $1,020,000,000 here and there, but that's not gonna be the death of the death of the chart. Although we could use some more liquidity for sure. But the potato has just been having some issues lately, man. We've fucking... Like, it's kinda... Like, there's always something. You know what I mean? Like, it's... And it's not Ninja's fault. Right? Like, it's one of the providers that we have for our x authorization. And it's just like, of all the times, like, we wanted to launch the what's it called campaign today, the action by campaign today, but if you can't connect your x account yet... You know what I mean? Like, we have to wait for that to be fixed. So it's just... If... I I feel like there's always something. Like, right when we're on the cusp of something, not with Tater, I just mean in general. Every time there's just a little bit of, like, why? Why? Why? Why now? You know, he's been perfect literally the last six months, and now all of a sudden, it's, like, authorization issue. The worst. But, anyways
[0:09:35] NatNat @Natnatx007: Yeah. When you're on the cusp of doing something major, there's always something, but we'll get through it.
[0:09:40] Dave @DCBK2LA: Yep. We'll figure it out. We figure it out. What's crypto doing, Natalie? Like, anything cooking on the Bitcoin side? I mean, I see Sailor continues to buy board and made another billion dollar buy, which is kinda wild. What's the deal on the crypto side? Like, we're we're on the Bitcoin side.
[0:09:55] NatNat @Natnatx007: Yeah. So every time he buys, if you if you follow the orange dots, you'll see it, like, going all the way down. You can just follow the yellow dot stock. But, no, Bitcoin, surprisingly, has been showing some strength. Last night, there was some volume that we noticed on the short term time frame that ended up playing out nicely. Right now, it is coming up at a big resistant on the weekly and on the monthly. But if it... If it's able to push through that and we're able to see some, continuation of volume and some follow through, well, I'm looking at, 70 to 71 again and above that, possibly 72 to 74 where we went down a few days ago, I wouldn't I wouldn't, be surprised if we went ahead and revisited that. But to keep it simple, we do have to break above the current resistance that's ahead. If not, then we're looking at the targets below. Right? Below 68, we're looking at sixty five sixty five and a half. Below 65 and a half, we're looking at 63. Below 63, 60, 58. So this this area is key for continuation. Right? So we'll see what it does. At the end of the day, it does come down to the daily, but also the weeklies. We're seeing how the weeklies have continued to play out perfectly week after week. Right? So if we're seeing a bear is closed on the weekly candle, we can brace for a continuation to the downside. The weekly didn't close too bearish. Right? We closed right above the support line. Now the next step is to get us above the resistant line for higher. If not, then what cool stat could also be true. Right? We continue to range until one side breaks. But for the most part, not a bad day overall. We were able to get into some loans last night. Now we just see whether we break or fall back.
[0:11:37] Dave @DCBK2LA: Got it. Yeah. Good assessment. What do you guys make of... So do you guys see that today, the twenty millionth Bitcoin has been officially mined? There's only 1,000,000 left to go. It's gonna take another hundred and fourteen years to mine the rest, but 20,000,000 so far. I feel like that number, there's gonna be, like, optical significance. You know? Like, people are gonna see and be like, wait. What? There's only 1,000,000 left, like, ever ever? I think now is when people might start... I don't know. Maybe maybe it's just me, but it had that effect. When I looked at it, I'm like, damn. 20,000,000 already have been mined. Like, it's literally been no... It's no time at all. But now is when you're gonna start seeing, like, slower drip, obviously, like, halvings and... I don't know. This is where I I see, like, the the the simple base case of supply and demand happening, and it's just like, wait. So there's no more? Like, where where is it gonna come from? And it's like, it's not coming from anywhere. Yeah.
[0:12:31] NatNat @Natnatx007: Yeah. I I know. I think for for me personally, while I I I often say there's no money that's short... Like short money, overall, I am long term bullish on Bitcoin. I do see us... I believe I mentioned it on a few spaces as well. Like, my... I do see us hitting 250,000 at some point in and above that. Most likely, a 1,000,000, not too far down the line. Right? So I guess we'll see because I do think we're we're in for that supply and demand shock, right, when there's barely any supply but a lot a lot a lot of demand, you know, price gravitates... Price breaks out beautifully. So we'll we'll see.
[0:13:06] Dave @DCBK2LA: Cool. What do you say? $11,000,000 Bitcoin left. I mean, we're not gonna see it in our lifetime, but... You know?
[0:13:11] Kool @koolcryptovc: Yeah. Yeah. I mean, I I... It's a... It's it's not very small market, man, compared to every other asset class. So... But these prices are gonna happen. We might not be here to see it, but, I mean, I would love to see, you know, over, you know, 500,000, you know, of of one b to c. But we'll see though. But not... These numbers gonna happen. It's a it's a it's very low low supply of asset, and I think the demand is there. Just right now, people don't people don't realize a lot of, you know, institutions and wills, and they have Bitcoin. A lot a lot of big money buys that Bitcoin in their portfolio. And I think the reason why we haven't gone through this crazy numbers is we just need a lot more adoption, more people buying them, having it in our four zero one k's. And that's why I
[0:14:01] Kool @koolcryptovc: don't like when people compare gold to big. I don't
[0:14:03] Kool @koolcryptovc: like it. This doesn't make any sense. Bitcoin and gold, you know, gold has been on for a very, very long time. Gold's on every... Everyone's four one k and and and wealth funds and sovereigns... Sovereign fund. All these funds, gold's in it. Bitcoin is not yet. So... But it's very popular, but just a lot of more people needs to be in it. And it would take some time, and I think we're still very early even though, you know, the price is... It seems high, which is weird, but this is actually pretty low right now, man. I mean, this is this is the bottom of Bitcoin is 66 k, which is crazy. Close to it. Close to it, which is unbelievable to me. So those high numbers will come. It's just we're going through the maturing phase of Bitcoin right now, going through a global war and COVID and recessions and all this madness that happens in in all these all these markets where we're going through right now. It's just... It's some of them mature. Same thing with crypto too because the weird thing is I'm I'm seeing the future crypto. It's future crypto Bitcoin store value, Ethereum, you know, more, you know, oil and powering the the economy for stable coins, also AI also. AI is gonna be key for using, you know, for using crypto plus. I'm seeing CZ and and and and Brian Armstrong talk about how, you know, AI agents... I've been saying this before. AI agents are gonna be the future. They're not gonna walk into a bank and and open a bank account. They're gonna they're gonna own crypto wallets and interact with each other. That's how... That's where the future's going. So we just we just gotta wait. It might be another five years or ten years, but whoever's here and just, you know, patience and grind this stuff out, you're gonna make it where you are. It's just a matter of when or if.
[0:16:00] Dave @DCBK2LA: Let's go. I like the Yeah. Positive sentiment. Yeah. Go ahead, Nat.
[0:16:04] NatNat @Natnatx007: Yeah. So I I I think Bitcoin has has a few ways to go to the downside. But once we're able to find a solid bottom, be it 48 k or or 35 k, I think, you know, the upside could be aggressive. It can be a nice aggressive impulsive move for Bitcoin once the bottom is in. Right? Listen. I I don't wanna be the one in here saying I called it, I called it, and you guys don't remember. So what's today? Today is March 9. We're calling it here. Once Bitcoin finds the bottom, we're gonna see a beautiful, aggressive move to the upside. Okay? I don't wanna hear that you don't remember and that you weren't on the space because I'm saying it again. But on the on the AI conversation, last year, mentioned this year, AI and robotics are going to be huge, huge. Right? I know you guys know where I stand with regards to the trading, but you can do... You can use AI in multiple different ways. I love that that conversation that we have. Was it on Thursday with the founder of... Remind me again, dude.
[0:17:05] Dave @DCBK2LA: Star Child.
[0:17:06] NatNat @Natnatx007: Yes. His brain is huge, and he's thinking, like, five or ten years down the line. He... He's thinking having a Starchild, not... Starchild agents everywhere helping us in our day to day lives and implement them. I love that. I thought that was such a great, great conversation. And funny enough, my daughter received a a letter from school that this weekend, they're actually inviting a lot of the kids to participate participate in an AI and robotics science fair thingy. So they're going to to to display a smaller robot to them along with some AI agents, and they're going to intertwine both of them and see how they can make them both work and unite them both. I think this is amazing. This is huge. AIs and robotics, for sure. I think the fact that they're teaching the kids about this now says a lot.
[0:17:59] Kool @koolcryptovc: You know you know what's crazy?
[0:18:00] Kool @koolcryptovc: I actually saw I saw, I think, a headline couple days ago. I think... I'm not sure what Gulf Country this is or whatever city and state. I think I think it was Dubai, Saudi and UAE, I think. They were all Saudi. I can't remember. They're scrapping... They they... This was build, like, the largest bridge, something in those lines then, but they're scrapping those plans. They're done. They're going to build data centers, thousands of them.
[0:18:27] NatNat @Natnatx007: That's... It's called the line. The line.
[0:18:29] Kool @koolcryptovc: They're scrapping the line. Yeah. Yeah. Scrapping they're scrapping that and, you know, and they... They're gonna just build data centers. That's when it hit me. Like, oh my god. Like, this is... You gotta be exposed to some some... Something AI related for the future because, I mean, mean, of course, the money might might not be made today. We're talking about the next fifteen, twenty years. That's probably when you might... Because I'm like, if they are scrapping something that they've talked about for years and years and years in the blink of an eye, you know they they know where where the money is going. Those data centers, man, that... That's what's powering AI. And, of course, that's that's what I... It's just it's just mind blowing to me to see how fast things are moving, and you should definitely look into some kinda AI data center stocks or ETF something just have exposure to or or get some crypto AI layer one like Tau. I mean, you know, Tau. Tau. Tau. So, yeah, just kinda get some... Get get get some exposure. Got... We we all we all see where the direction is going. And payments is is is payments is stablecoins, is AI, and Bitcoin. Those are the those are the key spots. Plus, RWAs possibly because tokenization of of everything is coming. We saw what happened with with Kraken, getting the license, I... Look. Like, it's just... It's so crazy. Like, I've seen this before. We get the most bullish news, but in the bear markets. Like like, this... The... All these news is spectacular. Look at the cracking news. That's that's massive. And the market, nothing happens.
[0:20:09] NatNat @Natnatx007: It'll catch up. It'll catch up on a great, great point, Kool, with AI, with data centers, with these agents. I think at some point, will come into play. Right? So cybersecurity stock, those have been running nicely as well alongside the AI and data center place.
[0:20:30] Dave @DCBK2LA: Yeah. Naeem, go ahead. I
[0:20:33] Agent Naeem @AgentNaeem: just heard Kul spit out some narrative points. So just added to that, I think, privacy as well. I've talked about this before. Like, as as these AI agents move towards productivity... For for productivity, they need, like, personal data and stuff. So, yeah, bullish on privacy. And then you talk about RWAs and all these other, like, institutional adoption and utility. One of the big things that they look for is that private... That's why they established those private blockchains because of the inherent transparent nature of public blockchains. So what do they call it? Compliant confidentiality, right, is what it's not like the Monero type stuff that has a place, but, like, you know, your your Aztecs, your Oasis, you know, your your Arcum and and different projects like that using privacy enhancing technology like TEEs, ZKs, etcetera.
[0:21:22] Dave @DCBK2LA: Yeah. Good point. Good point. Good point. Yeah. I never thought... I I thought... It's been long enough till Cool finally came around to the AI convo. You know? It took him a minute, but he came. He's he's finally hearing that. You know what I mean? Like, thank god. Man, it's nuts. I was like, when are we gonna get cool talking about AI? He's like, I'm not into it.
[0:21:41] NatNat @Natnatx007: Cool. Why do you why do you hate AI? Cool.
[0:21:44] Kool @koolcryptovc: Gotcha. No. I don't I don't I don't hate AI, man. I just... Because... Wait. I think
[0:21:49] Kool @koolcryptovc: I I was I was just too exposed to too many things. It was difficult for me to focus. Once we got robbed on info file, we got robbed on all these things, and my mind finally opened. And, oh, okay. I finally see it now.
[0:22:03] Kool @koolcryptovc: That's what happened. So... Yeah.
[0:22:08] Dave @DCBK2LA: Speaking of AI, Anthropic is suing the US government officially after being labeled a national security threat. Obviously, like, Anthropic said, we're not gonna play ball. And the US government said, cool. You're out.
[0:22:22] Landy @CryptoLandy: They're gonna lose that case, by the way.
[0:22:24] NatNat @Natnatx007: I was just about to say, speaking of government, I think we have land here.
[0:22:29] Dave @DCBK2LA: Yeah. I mean, I I don't think I gave Anthropic much of a shot if I'm being honest, but I guess they have to do it for the optics. But, Puppet, what's good, man? How are you?
[0:22:38] Landy @CryptoLandy: I am... I'm doing okay. Man, what a... But I I so badly just wanna say, pulled it. Called it. Called it. Called 50 times last week. I called it. And... But I'm sure
[0:22:53] NatNat @Natnatx007: that I got you, love.
[0:22:54] Landy @CryptoLandy: Yeah. Thank you. I'm sure Nat already covered the called it portion of the show. I I think it's funny that you did... That you brought up the line because the line started in 2021, and that thing has been an unmitigated disaster for MSP over there in The UAE. So, yeah, pivoting to data centers kinda makes sense. Also, building a giant mirror in the desert, a mirror city. Not not not... No. No. No. And how you're gonna cool it? Like, everything about that project was, like, sounds great, gonna suck, and and be awful to actually implement. So, like, maybe get into AI and missiles at this point or missile defense technologies, which is what they're pivoting to.
[0:23:41] NatNat @Natnatx007: Nandi, correct me if I'm wrong. Part of the reason why they they they did have to ex that is because there was no demand. I think they were trying to get investors to come in and invest in the project and sell some of the units out, but they they they fell flat on that part.
[0:23:54] Landy @CryptoLandy: Oh, well, that's because they fell way behind on timing and putting in all the footings and, like, shoring up the sand. And then they had already lost investors' money, so going to new investors and asking them for money when you haven't paid the investors that invested initial money, there was a... They were supposed to have stuff, remember, up in eighteen months, that first section, and they didn't... They still don't actually have any part of the first section still fully filled. Right? So there's been a lot of, like, actual problems that have occurred there. It's a really fascinating subject for anybody that wants to go through. There's, like, multiple breakdowns on YouTube. I'm sure you can find some, like, super nerdy people that have dug, like, really deep into it. I know that there was one where a guy went to it. I had a friend years and years ago that was approached as an investor to go invest in it, and he was like, no. That's... What do you... No. Like, this is not... There's nothing even remotely attractive about this investment. So you're more than welcome to piss your own money away, but you're not pissing mine away, which was... Hindsight's 2020. Right? It only took till 2026 for them to go, ah. Yeah. That might not be a good idea. What if we just build and focus on AI data centers? Data centers in general. One of the things that I wanted to bring up is, like, everybody talks about AI and data centers. Data centers in general because the use case over time will change because while AI requires a massive amount of graphics powered data and a bunch of power to go to power those graphics cards to to run all of these larger scale models, efficiency efficiency improvements will happen there as well. Right? Like, part of part of what everybody's been talking about this past cycle with cryptocurrencies is Bitcoin paired with AI and using Bitcoin to offset the AI from a power production side of things or to offset the power. This stuff's gonna become more efficient over time just like, you know, ASICs have become more efficient over time and graphics cards have made leaps and bounds over time and neural engines have gotten better over time. The biggest thing I think what you're gonna find is in the, like, the next five years, literally just had a discussion about this last week, in the next five years, what you're probably gonna see is we're gonna hit that saturation where we can't... We literally can't shove enough data through the pipeline for AI that it has to... You know, it will already have been done with hoovering up all of the data that humans could possibly produce and the useful data. It will move into creating its own, and you're likely gonna see that these neural engines... The next focus is going to be purely on hyper focusing on efficiency and scale of models for, you know, lower... You know, like, lower power devices. We're already getting that. Right? Like, if you can run a model... Think about the models you can run even on the Mac minis that everyone's buying. It's kinda wild. Right? You can run some pretty big models on those. They've managed to fit Quinn on a phone now, like, you know, like, a really good version of it too. Well, you're you're gonna see that these neural engines are gonna get more efficient for these, for these really, you know, powerful workhorse graphics cards out of NVIDIA. You're gonna see that that's gonna become massive. And the Anthropic and Microsoft deal is because Microsoft has a ton of interest in data centers already and was already working on AIs... On the AI side of things, and Microsoft and Apple have fallen behind in a big, big way. And then Anthropix flailing because they need to make up the gap for how much they're spending. Like, everybody talks about how much they make. It's how much they spend that matters. So losing that government contract, not good. And they're at risk because you've got XAI already there. Of course, you got plant... Palantir already entrenched. You've got XAI entrenched, and now you have the new subcontractor being being Sam in his company? Oh, that's a huge blow. Maybe next time don't put out a constitution when you're working with the US government in a military capacity. Right? Like, you know, their their AIs aren't the ones pulling the trigger.
[0:28:46] AlphaGamer @AlphaGamer_sats: But No
[0:28:46] Dave @DCBK2LA: mass surveillance. We don't want mass surveillance.
[0:28:49] Landy @CryptoLandy: Dave, you know this. You you know that that their data is already being used for mass surveillance because the data that they're capturing is already surveilled data. That's how they got it in the first place, by stealing it from everybody else. And there's another big question. What happens in a couple years from now? All these AIs taken... Like, if you're on x, if you look in the p's and c's, the t's and c's and the p's and c's, by the way, it's a privacy. But if
[0:29:19] Dave @DCBK2LA: Of the p's and c's.
[0:29:20] Landy @CryptoLandy: Yeah. The p's and c's. The p... Not the p's and q's, but the p's and c's and t's and c's. If you look here, all of your data that you enter in here, whether it's your chats, whether it's, you know, the encrypted chat or anything else, it's being... They can use it. It's data. They're harvesting data. That is the game right now. Who's gonna be the first one to actually bring up a class action? Like, which companies are gonna get together? Because it's been a big deal for a while and some have threatened to sue. Who's gonna come out and be like, Sam, you stole all of our data? Like, Reddit, they paid off. Right? Because, like, your chat GPT is literally trained on Reddit mods. Good. I hope you like your chat GPT. But it's literally just a bunch of Reddit mods. At least if you're gonna do that, equal it out and go scrape Fortune and Acun so we could get completely nutty in here. But they didn't wanna do that because they knew that they... They're big enough. They'll sue you. Like, they they don't... You know, there's a lot of money there. Reddit, they could pay off. Reddit and all the data they scraped off of Twitch, which is Amazon. Like, who's gonna sue who for the data? That's that's something that I'm curious about and if anybody here has thought about.
[0:30:37] Landy @CryptoLandy: Cool. Who's gonna sue who? I need to know.
[0:30:43] Dave @DCBK2LA: I don't know who's gonna sue who at the end of the day. I have no idea.
[0:30:46] Landy @CryptoLandy: Well, I mean, Anthropic suing the US government. Right?
[0:30:49] Dave @DCBK2LA: Suing everybody. So let's
[0:30:51] Landy @CryptoLandy: have a lawsuit party. They stole my data. Let's let's do a public class action and then get the companies in on it so that we actually get a paycheck this time instead of, 50¢.
[0:31:00] Agent Naeem @AgentNaeem: That's what was... Did you see, like, them kicking off about the Chinese models, like, using they were trading off the Anthropic models in Gemini and stuff, and then everybody was like really stole it. I'm gonna miss.
[0:31:11] Landy @CryptoLandy: They literally stole the models. They exfiltrated the... Like, okay. You're gonna get pissed at the US government getting pissed at you. Yeah. You can't even get... You can't even stop your models from getting stolen and and, yeah, having another country utilize your model to train from, but you're gonna be upset. Oh, oh, you're gonna kick us out of the DOW. Oh, no. Right. You're a subcontractor. You're literally a subcontractor's subcontractor. If you don't get in line, you're out.
[0:31:41] Agent Naeem @AgentNaeem: Lundy said us.
[0:31:41] Dave @DCBK2LA: Uh-huh. Yeah. Yeah. Yeah. Cool.
[0:31:43] chromatique @chromatique: Step up.
[0:31:44] Dave @DCBK2LA: Slip up. We all know, bro. We all know. We need claims to be coming after our taxes. You know what I mean? We
[0:32:05] Dave @DCBK2LA: yesterday, Natalie? So I know you said you sure that the... Called it. Yeah. We we got the... Called it already. But, like, what... What... Normally, when we see price spikes like that, we don't see sharp retracements like this this fast. Right? Like, it's not like anything crazy. Is it because Trump tweeted the war is pretty much over? Like, is is that what it was?
[0:32:25] NatNat @Natnatx007: I think I think Jim Jim Kramer beat him to the punch. Jim Kramer said oil to 200, and we just
[0:32:34] Dave @DCBK2LA: Jim Kramer literally said, I don't see any path to de escalation. Trump tweets, it's worth pretty much over.
[0:32:42] Landy @CryptoLandy: David Impeccable time. An example of a giant spike and then drop off for you. I'd like to direct your attention to Silver.
[0:32:50] Dave @DCBK2LA: Don't it. Don't say it. Wasn't this fast for the record. Okay? It was not.
[0:32:57] Landy @CryptoLandy: It was not It was the next day. I'm sorry.
[0:32:59] Dave @DCBK2LA: No. It wasn't.
[0:33:00] Landy @CryptoLandy: Yes. It was.
[0:33:01] Dave @DCBK2LA: Short went from $95 all the way up to almost a 118, a $120. Okay? No. No. Layering in. It did not do the... Oh, off a cliff. It did not do that. It did not.
[0:33:11] Landy @CryptoLandy: No. It didn't. From the day... From what it... No. No. Not not saying my position. No. From the day that it actually put in the high Of
[0:33:20] Dave @DCBK2LA: one eighty? You... Where did it go?
[0:33:22] Landy @CryptoLandy: Yeah. Here... No. No. No. It it put in an inverted candle like this on the daily, which you're seeing in oil. That was on the January 26. One, two, three.
[0:33:35] Dave @DCBK2LA: Landy, I'm
[0:33:36] Landy @CryptoLandy: looking at the RSIs.... High on the fourth day.
[0:33:40] Dave @DCBK2LA: Landy, I'm looking at the RSIs and the Mac Ds and the Fibonacci's, and honestly, like, none of them are adding up to anything that you're saying right now. Okay? So I I'm
[0:33:49] NatNat @Natnatx007: sure you're looking at all of them, dude.
[0:33:51] Dave @DCBK2LA: At the same time. Okay? Your lines are not my lines. Okay, guys?
[0:33:55] Landy @CryptoLandy: Oh my god. I gave somebody the line the other day of today's prices and yesterday's prices.
[0:34:01] Dave @DCBK2LA: Today... Today's lines are not yesterday's lines, guys.
[0:34:04] AlphaGamer @AlphaGamer_sats: I think
[0:34:04] Dave @DCBK2LA: it was bread. I don't know what you guys are look... I don't what you guys are looking at.
[0:34:07] NatNat @Natnatx007: But also but also the... They've oil hit a major overhead resistant as well. Right? So, usually, when they move this aggressively and they they come up against big resistance like that, we do get some kind of a pullback. Granted Jim Kramer tweet did not help. I'm kidding.
[0:34:26] Landy @CryptoLandy: Oh, he's he's the exit liquidity master. Are you kidding me? I mean, if people in retail haven't... I mean, retail absolutely figured it out. That's why there's an inverse Kramer index. But, Dave, we have absolutely seen this in oil, not not to this degree. This is massive. But here's one of the funny parts about this. All weekend and something that I did call last week was that what you're gonna see is now that the, DFC is providing insurance in the region at a very good rate, by the way, you saw that it got funded coming into the weekend too with the $20,000,000,000. Right? And the promise of US Navy escorts through the area for security. Well, not only that, but on Friday, what The Gulf States started to do was get more active in their air campaigns to shoot down drones. And after that started, what did I say last week, Nat? I've said it here, but I know I missed Thursday. Was I here Thursday? I don't remember. Is that you would see ships. You can see where they're anchored and when where they're anchored again. You could already see that they were just going through the straight while turning off transponders, and that started to pick up over the weekend. So you could see that ships were actually starting to go. As as everyone was freaking out, more and more ships were going through the straight transponder on in one place, obviously off through the straight, and then on again in another place, and you could see that the things were actually getting rolling behind the scenes there. And that was peak kind of comedy coming into Sunday when the futures markets opened for The United States especially, and oil absolutely ripped right into overhead cells, right into that massive resistance. This is a big monthly, weekly, quarterly zone up here that it sold off from. Right now?
[0:36:33] NatNat @Natnatx007: You know what's very in... Absolutely. Absolute... And we were able to get in on some shorts on Ostium, which turned out to print very beautifully. But what's very interesting is that we're talking about oil now, and the narrative right now is oil. This is why, David, in December... And I'm gonna pull this face up. Right? In December, we were literally in here, I and I literally said, guys, I'm going to say this, and I'm gonna say it's low. You may wanna look at oil because coming into this year, oil could go on a on a big run, oil and energy. Right? And both of them did.
[0:37:06] Dave @DCBK2LA: Yeah. I was too blinded by I was too blinded by my disdain for your hatred of silver at the time, Natalie
[0:37:13] NatNat @Natnatx007: Fine.
[0:37:14] Dave @DCBK2LA: For me to be for me to be focused on your oil comments. Okay? I can only process one thing at a time... One commodity at a time. Yeah. He's a silver commodity.
[0:37:23] NatNat @Natnatx007: Well, when
[0:37:24] Dave @DCBK2LA: when I'm a say commodity type of guy.
[0:37:26] NatNat @Natnatx007: Well, when silver goes to fifth... To 50, I may may or may not be long there depending
[0:37:32] Dave @DCBK2LA: on what
[0:37:33] NatNat @Natnatx007: it looks like.
[0:37:35] Dave @DCBK2LA: Wow. We
[0:37:37] Landy @CryptoLandy: just By the way,
[0:37:38] Dave @DCBK2LA: that doesn't mean Wow.
[0:37:40] Landy @CryptoLandy: I I I just... You know, I just... The two of you, just... I love it. Don't be surprised if oil does head back up and try to plumb the highs a little bit more.
[0:37:51] NatNat @Natnatx007: To say that.
[0:37:51] Landy @CryptoLandy: Yeah. Before the actual supply narrative hits. See, this is this is beautiful because Nat and I talked about oil coming off of, like, a macro low area at $55. I think we had, like, the same level too. Like, it was, like, right at $55 or something. And we were talking about this last year before it even got there the first time, and it was headed down and hit 55 because it was just a major area of interest. You're gonna find a lot of bidding there. My new favorite narrative, like, now is no one could have seen this coming because who could have known that we were gonna go
[0:38:31] NatNat @Natnatx007: to war? That one kills me.
[0:38:32] Landy @CryptoLandy: That's my favorite one. The next one is, oh my god. Train the SPR as if we aren't the top oil producing country in the world who is also the top exporter of oil in the world who... And just did a big deal with Venezuela, is doing deals in Ecuador after, you know, getting rid of, you know, some, less than savorable elements in South America and then doing rare earth mineral deals and, like, all kinds of stuff. Like, we're literally watching things play out that we've been identifying on the charts a long time ago. Like, don't know how it's gonna play out or what's gonna happen, but oil's probably gonna bottom here and then absolutely rocket. Right? Like, the... There's, like, no... There... There's weird narratives that are being used, for political gamesmanship because politicians don't actually care about human lives. They only really care about if they can score a one up on their opponent. And that's being, like, filtered through whether it was commodities and rare earth elements and, oh, well, they they don't know how to do trade because they're all stupid on both sides. Right? Well, they didn't know how to do trade last last administration. They don't know how to do it. This administration, everybody's just stupid. And that's actually the wool over everybody's eyes is none of these people are actually stupid. It's what is their objective and what are they actually doing, and these charts will show you. For instance, oil can... If it plays back to 95, it's probably gonna play back to, you know, the low $100 range. Right? This
[0:40:08] NatNat @Natnatx007: And sell... And silver did the same thing on the initial aggressive move down. It did recover some, so I wouldn't be surprised if oil did something similar as well.
[0:40:15] Landy @CryptoLandy: Yeah. I I mean, it doesn't have to. Oil is very, very sensitive to supply and demand even more so than your metals commodities because it is so actively used and used so quickly. Right? Like, my favorite narrative is look at the gas in California. This is all the x person's fault or all this person's fault. It's like, oh, gas in California? Oh, you mean because we're the top producing oil country in... On the planet right now, yet California is getting rid of refiners? They're all going to Texas. They're more... They're gonna go to Venezuela and Texas and, like, Alaska because we are adding more and more tax load to our gas prices in an effort to get rid of gasoline. Right? So it's funny that this is, like, the big narrative. And I think when it when it does actually normalize and come back down to, like, a level where it's starting to consolidate again, that's likely gonna happen under $80 a barrel. And then the new narrative's gonna be the next hot thing in energy because the next hot thing in energy is gonna probably spike to the upside, whatever hasn't moved yet. Right? So natural gas and oil, you can always look to expendable resources. You you can absolutely look to that are in the highest demand in oil. No matter what you feel about, the environment or or solar panels or whatever agenda you might have, it is the most used product on the planet, oil and natural gas, two two most used products on
[0:41:57] Dave @DCBK2LA: the planet. So How much... Hold on, Nat. How much is gas where you live? Coma showed that screenshot. It was, like, $8.30 in LA
[0:42:06] NatNat @Natnatx007: right That's
[0:42:07] Landy @CryptoLandy: LA. There's an extra city tax in LA
[0:42:10] NatNat @Natnatx007: right I
[0:42:12] Dave @DCBK2LA: just... Yeah. Exactly. Exactly. Work it out. Bring your steps in. Yeah. $8.30. Got me. Thank you.
[0:42:18] NatNat @Natnatx007: Ours ours is about $3.15.
[0:42:22] Dave @DCBK2LA: Wendy, no wonder they're all leaving California to go to Texas, bro. It's broken. Your whole state is broken, bro.
[0:42:29] Landy @CryptoLandy: Well, they... I mean, I I put the post in there by me. It's it's not... In LA, if you go into the city of LA and you go into the city of, like, San Diego, for instance, on the on the South Side, I mean, go to go to San Francisco. They've started getting rid of gas stations in San Francisco. It's gonna be even more expensive there. I don't know. There was a person by the bay that was here for a little bit, but they probably, you know, have no signal. But this... Like, the outskirts, not even feeling it. It's actually the same price that it was on Friday. They haven't even upped their their, their prices yet in some of these local areas. Maybe maybe 10¢ they went up. But you're getting in the cities... You gotta remember, like, the state of California is taxed, like, a dollar or something. I put it in there because the oil and natural gas guys, love picking on picking on Newsom because they... He they... He actively, like, called them stupid or something. So now they're they're head of the oil and gas association now just trolls Gavin Newsom on a constant basis. Yeah. Dollar... At at the state level, a dollar 64, per gallon in taxes at a state level, and that's going up, by the way. That's gonna go up in April, I believe, and it's gonna be something like a dollar 82 or a dollar 92, something like that, in taxes on gasoline in California. Then there's city taxes. So if you're in LA, you're getting to pay an even higher tax, and I think they're higher than the actual state taxes. So it's wild.
[0:44:14] NatNat @Natnatx007: Speaking of natural gas, I don't know if you called the move in Boyle, but, man, you have to be quick with it. I I don't know. I... Would... I forget which chat we're in, Landy, that I posted it, but I said if if, oil and natural gas, they gap off, I'm switching to to cold, k o l d, which is the inverse of the natural gas play. Oh my gosh. It was crazy. Last night, we had this massive gap up. As soon as market opened, it did try to hang on, and it completely tanked. But, thankfully, we were able to profit greatly overnight, and then switched to coal and bought some TLT as well.
[0:44:49] Landy @CryptoLandy: Nat, I... Last week, I talked about natural gas futures, and I said, you know, above... You know you know how I do. Above this level, look to this level. Right? Well, I said, you know, above here, we could probably safely look to this next week, you know, going and hitting $3.50. Futures hit $3.49. Missed my damn fill. Made me chase. Oh. I had him at $3.50 even. I was so upset. I I I wasn't... I literally just
[0:45:20] NatNat @Natnatx007: But he has been he has been calling it to the t, though. He has been calling.
[0:45:24] Dave @DCBK2LA: Hold it. Real quick. That's the that's the size of this combo, but you guys would have been at the top since reports of an unusual bright white flash in terror.
[0:45:34] Landy @CryptoLandy: It's alien. It's the discombobulators there.
[0:45:36] Dave @DCBK2LA: I'm saying, what the fuck is going on, bro? UFOs, bro. Like, what is the deal? Like, what does that mean?
[0:45:44] Landy @CryptoLandy: Space lasers.
[0:45:46] Dave @DCBK2LA: Yo. You're... We're joking, but, like, what kind of tech does the US military have, bro? Like, what is this landing? What is this right...
[0:45:55] NatNat @Natnatx007: What? Can you imagine if it's really aliens that saw the explosion over the weekend, and they came down to see what it was? Like, what's that commotion?
[0:46:02] Dave @DCBK2LA: You guys keep going down. What's going on down here? They come out, like, yawning, and you're like, oh, just this this is the orange guy at it again. Let him go. We'll be here to torch it all in in one... In a millennia. We'll be fine.
[0:46:15] Landy @CryptoLandy: So likely what it is is an intercept. I I I looked at some of the videos coming out. There's some telegrams, some Persian telegrams that are still up and running, but they keep shutting... The IRGC keeps shutting them down.
[0:46:32] Landy @CryptoLandy: But the the Persian people, just so you... Pray for the Persian people. Alright? And if you're if you're a proponent... If you're, like, a big IRGC fan, well, screw you. I don't wanna talk to you. But the Persian people are... Pray for them. Pray for the people that are innocent in in a conflict like this, and pray for the troops of the nation that you support unless it's the IRGC. So,
[0:47:03] Landy @CryptoLandy: yeah, there's been a few... You gotta remember that some of these ballistic missiles coming from Iran and some that come from The United States and Israel in this case and other neighboring nations, they can get towards the edge of the atmosphere, technically falling at at terminal velocity from outer space. And if they're intercepted within the atmosphere, you will see a large, large flash. So if it was over Tehran, I highly doubt that much of their anti air is even working, which this is like... There's... I know it's political, but looking at it from, like, a tactical and money movement wise thing, you know, Russia Russia put a lot of money into air defense systems for both Venezuela and now Iran, the s 3 hundreds and s 4 hundreds and other stuff. And China spent a lot of money putting... Giving them radars, and that shit's getting shredded. Sorry for my language there, but it's not doing its job, which means that everybody else that they had dollar deals with or Yuan deals with, that's where they're probably looking at that going, I'm not buying that. It didn't do anything. These guys literally came in and within the first hours took out the ayatollah. There's no way. And the last time, they just fucked Maduro out of bed. They literally stole a guy. Like, we're not gonna give you money. But if you're seeing that stuff, like, why would I give you money? It's like Dave wants to sell me this radar that catches stealth. It didn't catch anything. It blew up. That's how I knew the stealth was there. That's the joke, obviously.
[0:48:45] Dave @DCBK2LA: But it's true. He said they stole a guy. They literally did. They literally stole a man. They stole him.
[0:48:53] Landy @CryptoLandy: They stole him and his wife. They they they didn't take the dog or anything. They they obviously seem like... They brought the discombobulator with them, apparently, and they couldn't get the dog. Like, there... But you will find that there are things... There's absolutely things that are being used for the first time in this particular conflict that we've never seen them used before. Like, we know that the Lucas drones, which is just the Iranian attack drones. Well, they... You have the the Iranian drones that have been used and cloned by the Russians and used in Ukraine. And then that design, The United States got, right, stole or looked at. I don't know why you'd need to steal this simple of a design, but they did. And then I think they're just... You know, it's part of propaganda. Like, hey. We stole your design, and we made it way better because we made them smart instead of dumb. And then they threw, you know, they threw Elon's little satellite receivers in them. So you literally... You... We're we're sending Starlink powered drones into hit some of these targets just like they're sending drones out. Like, the tech... That tech has not been used before. This is the first time that you're seeing that. And, you know, there was speculation that Iran might have some surprise tech out of, you know, China or Russia or maybe even developed in house. A lot of people don't understand this as well when it comes to military service there is it's compulsory. So,
[0:50:39] Dave @DCBK2LA: you know
[0:50:40] NatNat @Natnatx007: Landy, I do have a
[0:50:41] Landy @CryptoLandy: There's a lot there's a lot that's going on. And a lot of those people can actually leave and have been educated outside of Iran.
[0:50:49] NatNat @Natnatx007: Landy, I do have a question for you. Earlier today, this morning, we saw buyers step in real quick, and, obviously, a lot of it, was based on the things that are being done, overseas. But... And and... But for those of us that look in the chart, we can kinda let you know a lot of what was happening was already in the chart, right, including VIX's aggressive move up and down. But in terms of a six sigma event after today, where do you stand on that?
[0:51:15] Landy @CryptoLandy: No. We... The buyback was too strong. Yeah. VIX broke the range to the top side. But what ended up happening, even though the buyback was strong, this is an early week buyback for something like, you know, Dow. And I'm looking at futures, and I'm looking at... You know, the Nasdaq got bought back a lot harder than Dow because the rotation was back to tech from Dow, and we saw a big sell off in all of the staples, you know, the the the staple companies, these these boring kind of dividend paying, plays that a lot of people don't really pay attention to, like your... Well, like like, Honeywell went up because Honeywell is a defense contractor, you know, Caterpillar too. A lot of these went up because of the rotation from tech into this kind of stuff, and it took over the the Dow index. But... And then we saw a rotation where as we got these... As tech got bid back, it held up the lows but couldn't recover on a close for Dow, but it did on SPY and Nasdaq. So thing is still a downtrend. Right? And it's a strong one at that. We're still one standard deviation away from, you know, a little bit more than a one standard deviation away from a mean or a 20 simple for me. I see things absolutely headed down and hitting, the two hundreds, the two two hundreds that are crossing the EMA and the SMA on... Even if it goes sideways, maybe they rise to hit it, and it just kinda works its way down slowly. I I think we need a six sigma. But just because I think we need it and I was hoping for it to open today, I was like, please please don't get this strong futures buyback. And then we got the strong futures buyback, which I knew was gonna happen anyway, but it bothers me me because I just want that Six Sigma event to wash out all that liquidity. But the problem is is everyone in this market, everyone was watching the buildup in The Middle East just waiting for it to kick off. So no one is surprised by this in markets. Not a single person is surprised. The only people are... That are surprised are acting surprised, and that's it. Or they just had a facelift, and they're not actually surprised.
[0:53:43] NatNat @Natnatx007: Dave is definitely not by his phone because he's not laughing. Know if he was right by his phone, he would be laughing.
[0:53:49] Dave @DCBK2LA: I was on telegram. What do you mean, bro? In the facelift. This my boy.
[0:53:54] Landy @CryptoLandy: Wait. What? Crazy out here. Dave, the point being is you could buy it... You could buy multiple facelifts having known where things were gonna go in markets this way and then prep all of your bid side and your ask side well ahead of time because an armada parked outside the doorstep of a nation, kind of a hint that something might hap... I don't know. Like, I personally didn't think it was gonna happen in February, and I was I was not correct. They literally had to nuke my freaking bet that I had on Polymarket. I'm sorry. It's not a bet. It's a prediction. Because I wasn't predicting February 28 by the end of the month. I was predicting sometime in March. But... No.
[0:54:44] NatNat @Natnatx007: But No. The the reason I the reason I asked you this because... And then I... Sorry, Dave. QQQ and Spy, they're pulling out... They're pulling back a little bit now, but it could also be because of all the aggressive buying today. I think I'll work... Yeah. Yeah. We'll know a lot overnight, but I I I do agree. I do think... I I would be completely surprised if we get out of this range overnight, right, because it's it's really in a strong... Downturn range. But I don't know, ma'am. We will see. I I did take profit off from my my VIX. I did leave some runners just in case I am wrong.
[0:55:20] Landy @CryptoLandy: Well, remember what it did, 2021 into 2022, it slowly chopped its way to a six sigma, and it was more like a four sigma. And that's right where we spiked in VIX was, you know, the highs, you know, in and around the highs, on the close for what was coming through in '21 into '22 for volatility. And for anyone that's wondering why we're talking about VIX, markets are typically... Traditional markets are typically sideways and up for extended periods of time, which means that volatility cools down on the highs. So it gets lower... It's, you know, take the stairs. You know, bulls take the stairs and bears take the elevator. Well, if you spend a lot of time on the highs, volatility cools down. You start trading in a range, and then when things actually do break to the downside, you get a massive volatile event. And that's what we're referring to is that a Six Sigma event, we had two back to back. So, like, a third would be kinda wild because we had... Remember, in July '24, we had a Six Sigma. And then in... March to after January '25, we had the March to April six sigma. That's very fast. You don't usually see six sigmas in succession like that in the first place, but we're probably more inclined to have more of these six sigma or very volatile events essentially to the downside and then find the low quickly and then right back up as we progress forward through the rest of this four turning. So I had to stick it in there. There you go. Gross. Pause. Did
[0:57:03] Dave @DCBK2LA: you do that? Yeah. Yo. Yo.
[0:57:05] Landy @CryptoLandy: I had to stick it in the four turning.
[0:57:06] Dave @DCBK2LA: Well, yeah. Let's see.
[0:57:08] Landy @CryptoLandy: I mean, stick the four turning in there. Okay. Oh, hey.
[0:57:11] Dave @DCBK2LA: Okay. Let's see what's up to Chroma. Chroma's been going off in the comments. Chroma, what do you got, bro? What's up, bro?
[0:57:18] Landy @CryptoLandy: So Private equity.
[0:57:19] chromatique @chromatique: Yeah, dude. Okay. Okay. You're talking about you wanted you wanted a six sigma today. Well, it ain't gonna happen. Not until Jeffries and all these fucking cock up.
[0:57:29] AlphaGamer @AlphaGamer_sats: Pull up. Okay?
[0:57:31] NatNat @Natnatx007: Remember, the kids are gonna listen to this.
[0:57:33] Dave @DCBK2LA: The kids are gonna listen to this. Croba.
[0:57:35] chromatique @chromatique: These dirtbags, okay, over in Wall Street. Okay? I'm telling you. Jeffries Hey.
[0:57:40] Landy @CryptoLandy: Hey. Those are my friends.
[0:57:42] chromatique @chromatique: FS KKR, you've got all these guys are gonna pay, and that's when you'll get the six sigma event. Trust me. Like, oil oil was just... That's just a war trade. It's not an investment. It's not a war investment. It's a war trade. Right? And there's a difference there. And so, like, it's like, you know, the people were... I... It was all today. I was... The people were like, oh, Bitcoin's back up again, and oil's down. I'm like, well, yeah, go look at c l 1 against Bitcoin times a 100. You see that spread coming back up widening again. You see the the capital moving out of Bitcoin and into oil and into oil and, you know, out of oil and and, you know, vice versa. So, dude, hey. We're not... I I wanted to see crazy volatility this morning. We got a little, you know, a little sample. XLF was down, you know, two and a half. EEM hit, like, three, and they rebounded. I mean, because, oh, the South Koreans, man, they, man, they love dumping capital into their tech stocks.
[0:58:39] Dave @DCBK2LA: Buddy, they
[0:58:40] Landy @CryptoLandy: they like to play on the literal knife's edge. Like, maybe we should learn something about them.
[0:58:46] chromatique @chromatique: I couldn't believe it, man. TSM...
[0:58:48] Landy @CryptoLandy: They had to have been supporting the other side the entire time.
[0:58:50] chromatique @chromatique: Well, yeah. But, like, gosh....
[0:58:52] Landy @CryptoLandy: A giant hedge.
[0:58:53] chromatique @chromatique: TSMC up, like, you know, $56 today. I was like, what is this madness, guys? And you you know? So until that trade wears out, until there's no room left in the long end for them to wiggle around in, right, until that happens and until we get private equity, you know, and the insurers having their little kerfuffle and the bubble popping there, we won't see the six sigma out of the out of the out of the major indices. Right? You know? I will say, s n... SPX, you pull it up on the monthly, oh my. That doesn't look like an inverted cup and handle. Oh, buddy. So... And Ghosty Ghosty's brought this up a couple times in other spaces, and we agree. Inverted cup and handle is just a matter of time of waiting for those bigger pieces to come together and financials really to roll over. Because once that two and a half trillion elephant really leaves leaves the living room, gets up off the couch, that's... That'll that'll be the one big catalyst that'll get the ball rolling and and really help the S and P roll over.
[0:59:56] Landy @CryptoLandy: Here's what you're gonna find, though, Kroman, is you're gonna find much like what we saw with Lloyd's pulling out of the straight in terms of canceling. They started sending out cancellation notice on the twenty eighth. Like, the... Like, emergency cancellations within seventy two hours are canceled. Get the hell out of there. And then really just actually... They they started axing it for some some ships that were already... They were still in the straight trying to get out, and they were axing it on the first, like, not even within the seventy two hour window. So there was a big, big problem there. So when you see the government coming in from The United States and they're offering to be the reinsurance that's gonna back things up... Because what a lot of people don't understand is that it's direct and reinsurance, meaning that they'll back those Lloyd's contracts. Means the United States government just stepped in and said, yoink. This is all ours now. This is our pot of money. This is our pot of gold.
[1:00:51] chromatique @chromatique: All all of these policies now, we'll we'll take care of. They're ours now.
[1:00:55] Landy @CryptoLandy: Oh, yeah. Well, that's what. You're gonna see that same thing happen on a nation by nation basis when it comes to private credit. This is what is going to absolutely nail everything to the wall and set up the great deflation. And that is where we likely, at the end of this decade, turn into a very deflationary global economy. And I don't think anyone's really prepared for that because a deflationary global economy means that all those fancy upside numbers that people want to see in indices and equities will not be being hit here or anywhere, and there's nowhere to run except for actual real private investment. And that's where the governments are gonna be
[1:01:46] chromatique @chromatique: noncyclicals.
[1:01:46] Landy @CryptoLandy: The main reinsurance companies. The governments are gonna be eating off of all of that moving into the... All all in the private sector and out of indices and equities. They're gonna be the reinsurance for it, and then that's how they're gonna cannibalize all their debt while everything deflates, including including their own debts. And I'm not just talking about The United States. Everybody thinks that it's just The United States
[1:02:16] chromatique @chromatique: Oh, it'll be a destruction of everyone's deficits.
[1:02:18] Landy @CryptoLandy: Everybody. Well, that's actually good for everyone here because that means that everything around you gets cheaper. One problem, though, is you have to keep wages steady because as things get cheaper, wages come down, we get the loss of jobs, but that's where you have the perfect storm of AI and robotics that will need human labor to continue to develop and move forward....
[1:02:41] chromatique @chromatique: Just about to say that. Yep. And so we end up having... See, this is where I was... At first, I was really, really struggling to kinda theorize in my head of, okay. You get this, you know, because you get the the, you know, hyper productivity of AI with... But you were gonna have at the same time this deflationary destruction of the dollar. Right? You know, we're gonna have the boiling up of the dollar index, money supply contracts, the deficit drops. Right? But at the same time, because of that inflated productivity in robotics, there will still be a need for, like, you know, industrial work labor and and, like, homebuilding construction, linemen. Right? You know? Because all of these AI companies are gonna be have... Be building their own power centers, but our power grid needs to be upgraded. It's still 60, 70, 80 years old in some places. So all of those noncyclical, noninterest rate sensitive jobs, those markets will explode. Whereas the tech sector, the interest rate sensitives and the cyclicals, their job market will contract because it'll all go into those highly, highly specialized fields.
[1:03:50] Landy @CryptoLandy: And you're gonna see another thing. As all of these things ramp up and you see Main Street getting built out... Because what's gonna happen is you bring in more production of power, you bring in data center production. You bring in manufacturing. You bring in oil town booms that are starting to pop up. Now in Texas, again, it's getting a little weird. You're gonna see this in Alaska as well. You're gonna see this throughout The Americas. And what that does is that creates cottage industry around. You get more home building. You get more more business owners coming in and investing. You get more commercial investment. And because a lot of that's going to collapse, you're gonna have a lot of empty space already, so you're gonna get a lot of this actually changing hands in the coming years. And it's actually gonna make for a lot more jobs than people think. And then and then what you're gonna have is we might even end up with a job glut, meaning that we we don't have enough people to actually fill all of these jobs. So we have to have AI, and we gotta have the Tesla bot and the weird Boston Dynamics bot actually there because there's not enough people to actually do some of these jobs right now.
[1:05:04] chromatique @chromatique: I completely agree. And then I saw DJ's hand, and we gotta go to him because you and I have been yammering.
[1:05:07] Dave @DCBK2LA: Oh, I
[1:05:08] Landy @CryptoLandy: can't I can't see your hands.
[1:05:09] chromatique @chromatique: No. You're good. I saw I saw it for a second. So the the thing to note too about that because you know... You mentioned the job glut is when the interest rates come down and we see that collapse, that that the inversion of the curve and the mortgage rates come down, as that... That'll... Will allow for smaller businesses, like you said, mom and pop businesses to take out business loans, to build out, you know, their... Be able to pay their employees, and also be able to secure a long end maturity on their debt for very, very low costs. And so we're gonna see an explosion of small businesses again, and and Main Street America is going to experience a boom they haven't seen in seventy, eighty years. So... Yeah. Yeah. Really, really fantastic stuff that's gonna happen, but it plays out in long, long, long time frames. So, yeah, Djinn, I saw your hand. Sorry.
[1:06:05] Dave @DCBK2LA: No. It's okay. Thank you, though, Chroma. Six Sigma, I noticed something else, manufacturing engineering side. What the hell does it mean with, like, stocks, bro? You can
[1:06:17] chromatique @chromatique: go go... Yeah. Go go go go to GPT or something and ask it to run you through standard deviation.
[1:06:25] Dave @DCBK2LA: Okay. Because everything I pull... I tried dropping the GBT, and because everything I do is engineering, it was spinning back out engineering definitions.
[1:06:32] Landy @CryptoLandy: It's like, yo, did you get, like, six Sigma certification, the engineer? Here's where you can go to get your certification to become a a project manager. Literally that.
[1:06:43] Dave @DCBK2LA: And I already have it. I'm like, come on.
[1:06:47] Landy @CryptoLandy: Yeah. It relates to
[1:06:48] chromatique @chromatique: standard deviation distribution. Yeah. It's statistics.
[1:06:52] Landy @CryptoLandy: Yeah. It's just... It it means, like, an outlier volatile event, essentially, of very high magnitude. That's, you know, six standard deviations away from a mean or more.
[1:07:05] NatNat @Natnatx007: So, like, in in Thank you. 1987, 2008, those are massive, massive six six sigma events. Yeah.
[1:07:14] chromatique @chromatique: O one as well. 2022. Yep. '20... Yeah. O one, 2022 to o eight. Yep. '19 the the the the savings and loan blow up under Greenspan. Yep. Yep. All six sigma events.
[1:07:27] Landy @CryptoLandy: You gotta you gotta also look at how crazy it is that we've had... We had a six sigma event in '24, a six sigma event in '25, and a Six Sigma event likely... I I hope. Come on. I want I want some good bids, bro. It's coming. It's coming, dude. I want one in 2026. So, hopefully, we're in that time frame where we get that. When you start seeing Six Sigma's cluster, the only time that they cluster like this and and increase in frequency like what we're seeing is near the generational fourth earnings. That's when you get money movement moving from... You... Money and asset movement moving from people who are dying to the next generation, but in mass. Like, because you got your your eighty to a hundred year cycles, typical lifespan of human beings, and you look at the the actual big changeover. And if you ever wanna do a study of this, I know I've said this before, and I know that Dave is probably falling asleep on his desk when I've said this, but you really should at least have one of these AI models break down the the four turning, the original book, not the four turning returns or any of these other kind of crappy books that they were meant to capitalize on it. The real study that was done from a societal and economic side of things of generations, It it will explain a lot of what you are seeing happen in the world, not just in markets, but in the world between world leaders, in society in general for, like, social stuff, and, of course, economics and stuff like that. So when you see this clustering of these larger magnitude events, they get faster and faster. Meaning, like, in '24, it was very quick to find the low. Right? Right before the elections, We found the low that summer coming into fall and started to rip coming into 2025. And then, bam, right again, we had another six sigma. We're probably looking at something that would be considered a six sigma. It's not as as hot as I would like it to be. I'd like it to be further up in '26, and you start seeing it year after year or even within the years, you're getting you're getting very close to seeing that four turning come to fruition, but it just keeps hitting over and over and over again, meaning that these opportunities for indices and equities on the lows gets faster and faster. Like, we had a longer period to get in on the lows in '22, but now everything... That's why you see people going gold, silver, you know, all these commodities, plus we're getting bids on bonds, plus we had markets near the highs. This is unprecedented. You never see this. And the reason why you're seeing that is because of the amount of money that's gone into the system, and it has nowhere to go. Once there's a relief valve pulled, you get to move it. So then you just get this rotation, and then you'll see it all pull out at once because everybody follows everybody, and then all go back in at once. And you just get these... You get a succession of these very volatile events until the whole thing just blows up and there is an actual sea change underlying all of the different leverages. And you can see what nation states are preparing for. You've got a rare earth element reserve that now The United States has already doing deals with South America to fill that up. You've got, you know, the energy side of things with oil being a big one. Right? You've got positioning through nation states on how they're gonna handle... Well, Europe, you're kinda you're kinda SOL. Sorry. You did that to yourselves. But the big superpowers kind of pulling up what it is that they're gonna do to support underlying assets, meaning something tangible at the end of the day. And the biggest thing that many do not think about, United States is a piece of land. South America is all pieces of land. Land is the main thing to leverage underneath everything. That's one of the crazy things that people don't think about. China, large landmass, looking for more in terms of islands. You know which one? Russia, large landmass. You have all of the resources underneath that land, and then you have also the land itself that can be monetized. So you have to understand that this is all going to go back to first principles, and that's where things like cryptocurrencies like Bitcoin actually fit in. If you have something that actually is tangible or traceable back to something like energy production with Bitcoin, you have real assets underlying, and that's what you're gonna see when when all that private credit that that Promo's talking about blows up and it starts to kick off the reinsurance markets, and you start to see the deflationary pressures kick in, and you start to see that that's when money's actually gonna hit for all of the production and build out side of things, not just here in The United States, but you're gonna see a race for it everywhere. So when you're gonna see the job gluts, you're gonna see the focus on we need to get robots, we need to pair those with the AIs because without the without the AIs, we still need these pesky humans in the way. And we gotta pay them money. Like, Gross. So you're gonna see that big sea change, and that's gonna be all about the actual underlying assets and not about the leverage that's been pumped into the global system.
[1:13:14] chromatique @chromatique: Yeah. Exactly. It's not gonna be about all the Fugazi fake leverage that's been created around the trillions of dollars that was printed from 2009 all the way to 2024, you know, or even to 2025. You know? The the the sheer size of the money supply allowed... And the the the extremely low interest rates, you know, it allowed for private credit to expand in a way, especially during COVID, because that's at a time which that the technology in in in America specifically had really advanced in terms of semiconductors. And we had started to really tinker with, you know, neural networks and LLMs. And and then, of course, private capital or private equity came in or credit, and they were able to dump billions and billions of dollars into these private companies, you know, OpenAI, Anthropic, Microsoft, you know, and they dumped billions into NVIDIA, you know, which allowed for all this CapEx to scale at an incredible rate, but now it's unsustainable. The money's gotta move somewhere. It moves at a glacial pace, but it's gotta move. It has to. It... It's it's it's it's physics. You know? It's... It really is. It's it's just... It's physics reflected in price.
[1:14:36] Landy @CryptoLandy: Here's here's how you know, and and here's a really good example. Go look at the Iranian rial. Why did it collapse? Because it couldn't move. Because all exits were being closed off to China, to Russia, and all of their other partners even within The Gulf started to cut them off in the run up to what we're seeing now. When money stops moving, it dies, especially fiat currencies. And then it's all about the underlying assets. It's all about the land, the oil, the minerals, and, yes, the people. You are an asset when you're part of a nation that you are what makes the economy go. Right? Whether you're United States, if you're... Or whether you're in China or Russia, you make the underlying economy go. Because without people, we can't build the things that are gonna replace people, and we can't actually farm the land or drill or, you know, extract or... This is this is where everything is changing right before your very eyes. And it's set across this stage, across many, many different shows that Dave, Cool, and Nat have put on that you... If you're here, you're listening to everyone here have talks about the axe... Absolute cutting edge, the bleeding edge when it comes to cryptocurrencies and AI and whatever other bleeding edge, cutting edge tech is coming out that's gonna facilitate it all. You are so far ahead of the curve. I hope that here as we approach holidays again coming into April, you you actually go and and test this out with family. Ask them how they use AI. Ask them if they're using any cryptocurrencies or wallets. Ask them if they've even seen, like, yeah, you know, if you have this type of relationship with them. You go, hey. Do you know if you, like... If if in your portfolio... If any of these portfolio managers stuffed in iBit and and all of these mining companies or anything like that into your portfolio? Do you know if that's in there? Because you know they've got NVIDIA and the Microsoft. They got all the big tech, you know, and they're probably balanced out with other stuff. They're probably loaded up with a bunch of defense stocks now before they roll over. But, like, have those conversations. You're gonna realize they're just using it like search engines. Yeah. You know, I I asked my GPT. I get downloaded on the phone. I got the free plan. I ask it, and then it lies to me 99.9% of the time. So I end up googling it anyway. Right? Like, it's kinda wild how far we have come, but yet no one knows because no one's using it. They're just using it at work or they're just using it every once in a while. They'll download the app. They'll check it out, and then they move on to other things because people have real lives unlike most of us.
[1:17:34] Dave @DCBK2LA: Uh-huh. I have a life for the record.
[1:17:37] Landy @CryptoLandy: No. You don't. You're here.
[1:17:38] Dave @DCBK2LA: Yes. I do.
[1:17:39] Landy @CryptoLandy: There's no way. I saw you in... I saw you on multiple spaces already today.
[1:17:43] Dave @DCBK2LA: Which... So what's the big deal? I was in a Fin Dom space at 7AM on a Saturday. Leave me alone, bro.
[1:17:48] Landy @CryptoLandy: It was a little weird.
[1:17:48] Dave @DCBK2LA: Stop clocking my moves, bro. Stop clocking all my moves. Gosh. Listen. You know, sex workers need... Make money too. Okay?
[1:17:57] Landy @CryptoLandy: On that note, alpha gamer's here.
[1:18:00] Dave @DCBK2LA: I'm just kidding. Hey, alpha gamer. What's up?
[1:18:05] AlphaGamer @AlphaGamer_sats: It's a beautiful day in the Bay Area. Nice and sunny. And I hope everyone's having a great time in the markets as, you know, there... There's a lot of certainty, and it's wonderful out here in the markets. I'm sure everyone's doing real good and making a lot of money today.
[1:18:27] Landy @CryptoLandy: Wow. I'm I'm interested in Ordinal's marketplaces.
[1:18:31] chromatique @chromatique: Gamer alpha. I don't know why, but the only thing I could think of when you said it's a beautiful day was it's a beautiful day in the neighborhood.
[1:18:39] Voice I: That's so...
[1:18:39] Dave @DCBK2LA: That's probably why.
[1:18:40] chromatique @chromatique: Right? Think it was mister Rogers, dude. I was like, wow. Just...
[1:18:43] AlphaGamer @AlphaGamer_sats: Mister Rogers and there's the... What was that other morning morning show? I can't remember that that song. But Reading just throwing this... No. No. No. I can't think of it off right now. I'm tired right now. But I but I will say this. I was just happen to be looking at Bitcoin pairs. And... Yeah. Not the fruit, but the actual trading pair. And...... If it was an
[1:19:12] Landy @CryptoLandy: Ordinal's collection that's really saying
[1:19:14] AlphaGamer @AlphaGamer_sats: you don't make any Bitcoin
[1:19:15] Landy @CryptoLandy: pairs now?
[1:19:17] AlphaGamer @AlphaGamer_sats: Oh, and by the way, yeah, magic eating is is done. So if you haven't moved your shit off by now, you're screwed. You're gonna have to It's your world. Download
[1:19:26] Landy @CryptoLandy: It's fine.
[1:19:27] AlphaGamer @AlphaGamer_sats: Yeah. You're have to download it into Xverse and... Yeah. It's a whole shit show. But anyways, I noticed that Hyper Liquid trading pair is actually up versus it. And I also noticed Seeker. I haven't heard anyone talking about that at all. But Seeker SKR, that's the one for the Solana cell phone. The one that, you know, if you got the second generation, then... But if you put it in Seeker versus Bitcoin trading pair, it's actually up by, like, 30%. I was like, That's interesting. No one's even talking about that thing at all. But but it is interesting to note. I'm sure, you know, all you people out here are well educated on trading pairs. But typically, when, you know, it's showing strength, like like hyper liquid, for example, when it's showing strength even in these uncertain markets... Oh, and by the way, that was sarcasm I was using earlier. It's something to pay attention to. So, yeah, a lot of people out here, they they don't get my my sarcasm and drugs. But it's just something that caught my eye, and I was like, you know what? This this hyper... You know, it's showing strength. And even in these times... And, you know... And we all know, like, Dave is screwed on his silver bet. Like, just throw that out the damn window.
[1:20:49] NatNat @Natnatx007: So... I agree. I agree.
[1:20:52] AlphaGamer @AlphaGamer_sats: Oh. Oh. Oh. Oh, yeah. Go go ahead, Nanette.
[1:20:56] NatNat @Natnatx007: No. I'm with I'm with you. I said, I agree. See
[1:20:59] Kool @koolcryptovc: you. Yeah.
[1:21:00] Dave @DCBK2LA: He shuts up. Right? Oh, go ahead, Nanette. Look at all polite today, motherfucker. She's talking about? Solar. Right? Please roll out the red carpet.
[1:21:07] Kool @koolcryptovc: Go ahead.
[1:21:08] Dave @DCBK2LA: The leverage
[1:21:08] Landy @CryptoLandy: ratio in silver and gold dropped massively because everyone's scared because it's ranging. So they don't know which way to bet on it. It's like...
[1:21:18] AlphaGamer @AlphaGamer_sats: Well, you know and you know what's interesting too? Another thing I noticed is gold dropped by quite a bit. And when you look at, like, the risk adjusted on it, it it... It's actually trading like a risk asset. So for, you know, all the gold bucks out there, they're like, oh, just buy gold. You know, it's safe. And I'm like, no. No. Not exactly. When you look at the risk on that thing... And like Landy was saying, right, the leverage on it is just, you know, is like the the energy is... Man, that thing just got wiped out. But the way that it's swinging around, I'm like, yeah, that's not how a risk off asset, you know. So, yeah, I do I do find that funny and, interesting.
[1:22:03] Dave @DCBK2LA: Chroma, you wanna jump in and say something?
[1:22:06] chromatique @chromatique: Yeah. So, Alpha, you were just talking about hype.
[1:22:10] Kool @koolcryptovc: This is
[1:22:11] chromatique @chromatique: getting... VIX is coming to hype. They're... They've... This is one of... Who was it? X y z. Trade x y z just bought the u... VIX VIX ticker. Let's fucking go. Oh, whoops. Sorry. Really?
[1:22:22] AlphaGamer @AlphaGamer_sats: Let's go. Okay. Yeah. Let's go. That is interesting.
[1:22:25] Dave @DCBK2LA: I'm telling you, it's
[1:22:26] AlphaGamer @AlphaGamer_sats: Oh, and and also See, I'm waiting
[1:22:27] chromatique @chromatique: for I'm waiting for VOLMAX. See, now I'm waiting for Volmex because once Volmex brings, like, BVIV, EVIV, SVIV.
[1:22:34] AlphaGamer @AlphaGamer_sats: Right. Yeah. The Bitcoin volatility. Yeah. Yep. Exactly.
[1:22:38] Dave @DCBK2LA: Yes.
[1:22:38] AlphaGamer @AlphaGamer_sats: Be... BVOL BVOL and BVOL and BVIV.
[1:22:41] Kool @koolcryptovc: Yeah. BeeViv. Yes. I I
[1:22:43] chromatique @chromatique: like Bviv more because Bviv has a longer history, plus it uses a thirty day smooth average. So it's a little bit... It cleans it up
[1:22:53] NatNat @Natnatx007: just a little bit.
[1:22:54] Dave @DCBK2LA: Guys, guys, you're literally speaking another language right now. Like, I don't even know how people are still sitting here and actually listening to you guys. V viv and v v v and v v v and v. No. They might know slink bit more than they know v viv. We need to we need to not get too complicated. I get it. Like, you guys are nerds and, like, you wanna nerd out. Like, understood. But, like, you gotta give us a little bit more. Right? Like, you can't nerd out the whole time, guys. Mister David. Yes, sir.
[1:23:26] Landy @CryptoLandy: See, here's the biggest problem is that 99.9% of the audience knows about shitcoins.
[1:23:33] Dave @DCBK2LA: So I
[1:23:33] Landy @CryptoLandy: will I will I will take the chancla on that one. And they know nothing about markets that provide way better returns.
[1:23:44] Dave @DCBK2LA: So teach them about it instead of just talking about it because if if
[1:23:49] Agent Naeem @AgentNaeem: They're violating Dave's audience, including
[1:23:52] Dave @DCBK2LA: Yeah. The Like, you know, I I love you guys.
[1:23:55] Landy @CryptoLandy: I just know you're all
[1:23:55] Dave @DCBK2LA: the same. Smartest minds out here. But, also, when you get... When you fools get... Between you Chroma and freaking alpha gamer and even... And not and not so much today, but, like, you know, not at least takes a second to be like, hey. For all you dummies listening, this is what this means, and this is what that means. You know what I'm saying? But, like, you know, you you... Don't let the nerd train run away too... Down the track too fast. You know what I'm saying? Like
[1:24:18] AlphaGamer @AlphaGamer_sats: Oh, okay. So I'll make I'll make it a little easier.
[1:24:21] Dave @DCBK2LA: Thank
[1:24:21] AlphaGamer @AlphaGamer_sats: you. Shout out to Bitcoin. They just hit their 20,000,000 coin. That's the title of the show.
[1:24:27] Dave @DCBK2LA: I was gonna say $70,000,000.
[1:24:28] AlphaGamer @AlphaGamer_sats: And and shout out to the, you know, the no cleaners, the people who have absolutely zero Bitcoin. As for the next a hundred and fourteen years, they're gonna fight over the remaining 4% of the supply. Yeah. Let... Let's let's, you know, do a little math on that scarcity game. Figure that one out. Let that one sink in real quick.
[1:24:51] Dave @DCBK2LA: Do you do you do you think that, like, the optics of that, like, I... Because we were talking about this at the beginning of the show. I think just the optics of 20,000,000 mined, only 1,000,000 left, like, that is a story, a headline, and everything that
[1:25:04] AlphaGamer @AlphaGamer_sats: Oh, yeah.
[1:25:05] Dave @DCBK2LA: The optics are now gonna... Like, can really play in Bitcoin price favor, know, with retail?
[1:25:11] AlphaGamer @AlphaGamer_sats: Oh, for sure. Like, I mean, you don't have to be the smartest person in the room to just look at that and be like, wait a minute. 20,000,000 are gone and only 1,000,000 left? If you really... If you wanna throw a curveball in there, Dave, let them know how many coins are gone. You know, like, you know, the guy that lost, you know, you know, billions of dollars in the dump, you know, people lost their... You know, lost coins. Right? That's estimated, like, 4,000,000. Like, 4,000,000 are actually lost, gone forever. So, you know, it's not really 21. Right? It's, like, actually, like, 16 or 17 million. But but, anyways, that... That's... That'll confuse the hell out of people. But... Yeah. You know, let let that sink in also. Yeah. That's that's kind of a whole another, thing in itself. So...
[1:25:59] Landy @CryptoLandy: Gamers should be for becoming the next Elon Musk.
[1:26:04] Dave @DCBK2LA: Elon Musk?
[1:26:07] Landy @CryptoLandy: Wait for x payments to start allowing... Wait for that to get rolling and then start allowing crypto.
[1:26:13] AlphaGamer @AlphaGamer_sats: Right. Oh, speaking of x stocks, did you guys see that about the Nasdaq? Did you see that news? Kraken?
[1:26:21] Dave @DCBK2LA: Yeah. It's big news for Kraken, man. Big, big news for Kraken.
[1:26:25] AlphaGamer @AlphaGamer_sats: So so x x... Was it x stocks fi? Yeah. They just posted, like, eleven hours ago. They said the framework for Nasdaq tokenized equity markets with blockchain is coming soon. TradFi is not so traditional anymore. So... Yeah. In Well, alpha and
[1:26:48] chromatique @chromatique: CME and Nasdaq, both, they are fully aware of who Hyperliquid is and what they're building out, and, boy, are they interested. They're tickled to death, bro. Oh, yeah. Very. Especially ever since the announcement of HIP four with the dated perpetual contracts. Oh, I can't wait. I cannot wait. It's bay... Okay. So dated perpetual contracts. Bay... Okay. So that is essentially just you're trading Bitcoin, a perpetual leveraged Bitcoin. Right? But instead of just pressing buy or sell going long or short, you would be able to select a date in which that the contract would expire at.
[1:27:33] NatNat @Natnatx007: Select options.
[1:27:34] chromatique @chromatique: A... Like options. It's exactly the options. It's all it is. They're just bringing it to DeFi. It's going to function
[1:27:42] AlphaGamer @AlphaGamer_sats: Wait wait until the Exact wait until the the degenerate gamblers and crypto get a hold of that stuff.
[1:27:48] chromatique @chromatique: No. I can't wait. I can't wait because I started I started with options then went to perp... Went went to perps. And so, like, the crypto degens trying to figure out options and the Greeks and all that is gonna be tick... It's gonna tickle me to death, dude. I swear.
[1:28:04] Voice I: I I came from binary options before perpetual.
[1:28:12] Landy @CryptoLandy: So you came from, you came from yes, no markets on? I'm just kidding. I just wanna get
[1:28:18] AlphaGamer @AlphaGamer_sats: Zeros, zero, and ones. Yep.
[1:28:21] chromatique @chromatique: Outcome markets. No. No. No. See see, we call those outcomes here. So, you know
[1:28:25] Dave @DCBK2LA: Yes.
[1:28:26] chromatique @chromatique: Which which literally... Get this for for anyone that wants some... To know something really kind of interesting. So Polymarket and CallSheet. Right? They call them prediction markets. Well, they're outcome markets. They are simply no different than an options contract. They just have an outcome variable. It is the exact same function under the hood. It's a dated contract with a specific strike price. You know? No volatility decay. Right? There's no volatility decay, right, because they're paying you interest based on your position. But... So you could classify that as premium. Right? You're selling your position, so you collect premium with an outcome variable. Right? And so, yeah, I was really happy when Hyperliquid announced tip four because they're just adding the dated primitive, and and letting other people extend it to outcome markets and options and all sorts of other stuff. So, yeah, I mean, I'm I'm pretty excited. Here soon, we'll be able to have, like, you know, BTC one on Hyperliquid.
[1:29:26] AlphaGamer @AlphaGamer_sats: Exactly. And and also, just real real quick, because you mentioned... Or Dave mentioned Kraken. When is their IPO? Because I I do believe that... Didn't they say recently about a Kraken, or am I mistaken?
[1:29:41] Landy @CryptoLandy: They they... They're gonna IPO
[1:29:42] Dave @DCBK2LA: They should... Yeah.
[1:29:43] Landy @CryptoLandy: This year. Right?
[1:29:45] chromatique @chromatique: Yeah. This year.
[1:29:47] AlphaGamer @AlphaGamer_sats: Yeah. Didn't they say Kraken IPO? Is this...
[1:29:49] Dave @DCBK2LA: Yeah. They're probably next, like, on the on the whole
[1:29:52] AlphaGamer @AlphaGamer_sats: So so imagine that. Right? So imagine Kraken got... Right? They got all all... Man, if TradFi stocks is coming to Kraken, and then they're gonna go IPO, and then let's say they get a bunch of volume, that... That's gonna be interesting.
[1:30:08] Landy @CryptoLandy: Look out Coinbase because Kraken will eat up a lot of market share in that regard, and it does... And it have to be within the crypto space now. And you can see how they're lining this up. What a beautiful way to line things up before an IPO too. And I believe... I don't know. Kraken used to have expiring futures. Right? Perpetual futures. So for those who do trade regularly on centralized exchanges, you have a perpetual product and then you add a futures product. Typically, Binance was the leader with what the two things that were just talked about between Hyperliquid, which is essentially futures contracts or options. You... We've had this for many years on, like, a Binance. But now you you get this marrying of decentralized finance on Hyperliquid where a lot of traditional players are interested and investing through various VC arms and funds. Alright? And then you get something like a Kraken that's becoming a bank that's also gonna offer stocks, stock tokens, and RWAs. You have the perfect storm for, like, a Binance that cannot compete in The US markets right now, and the leader being the Coinbase and others who are kind of mixing into that, you see the the landscape is literally shifting underneath some of these centralized players, these crypto native exchanges through the DeFi side and through the first movers on the on the centralized infrastructure side for crypto native exchanges, really just marrying the two worlds together. And I think that you've got... I'm gonna I'm I'm gonna be curious watching coin, which is, for those that don't know, coin is the Coinbase stock. It's gonna be very interesting to see how it reacts to, like, a crack in IPO. We're not concerned about the Gemini IPO because they're literally just a credit card company at this point. They don't list anything. They have very little volume, and they've got a whole bunch of problems underneath. They got good credit card product, though. And there's Shut
[1:32:19] NatNat @Natnatx007: off the camera. Right, David?
[1:32:21] Landy @CryptoLandy: Well, there's gonna be an angle for credit card products, and that's actually something that Visa now... And Visa and Mastercard via... I don't know if it's executive order or not or Dave or Cole. You guys might know this. But
[1:32:37] NatNat @Natnatx007: there is...
[1:32:37] AlphaGamer @AlphaGamer_sats: I think Cole had its hand up....
[1:32:38] Landy @CryptoLandy: To competitors. That was last week. Right?
[1:32:42] Dave @DCBK2LA: Oh, no. Landy's kinda taken over, so we're just letting him run.
[1:32:45] Kool @koolcryptovc: No. No. No. No. Scott, that's a question. So why do you guys think Clembase Clembase didn't get the license first? I mean, Clembase has more volume they...
[1:32:55] chromatique @chromatique: Oh, I have my theory.
[1:32:57] Kool @koolcryptovc: It doesn't make any sense. Like like, Clembase is the number one, you know, U... US or whatever exchange. Right? I mean, for crypto. So what what...
[1:33:03] Dave @DCBK2LA: It's politics, Corey.
[1:33:05] Kool @koolcryptovc: Of course. So for sure. So they they basic...
[1:33:07] Dave @DCBK2LA: They
[1:33:07] Kool @koolcryptovc: basically black... Blackballing Coinbase for now because of the whole stablecoin industry. You think that's where it is?
[1:33:14] Landy @CryptoLandy: No. No. It's because Coinbase got heavily involved in the attack on Bitcoin through BSV and then supporting all of the Chinese miners. And Coinbase, for many, don't don't understand this. They have a direct line, and the reason why they became what they are today is because of the Chinese miners. And you can look at, like, a risk assessment board, and you can see, hey. We have two American companies, one that didn't go full Chinese miner grift in order to get to where they are. And then we have the Chinese miner grift that immediately went to try to move into TradFi to lock up the custodial side of things. And you you can look at those ETFs and the issuers and the APs, and what have they done? They've started to diversify their custodial holdings in addition to having a lot of that with... Parked with Coinbase custody, they're now diversifying away from it because you can't have all your risk in one pot, and you need some competitors. So why not hand out some licenses here and there and maybe get the Fed involved and, you know, mean, that's games, playing games.
[1:34:29] Dave @DCBK2LA: Well, they did. They applied. That's why Kraken got the got the jump. You guys not see. Right? Like, the whole master account thing. You know what I mean? Like, they foresaw this way back when, so they applied long time ago. So they've been probably playing politics for a very, very long time, and now they're piped in now. They're literally one notch below, like, essentially becoming a commercial bank. But when you now have access, like, to the Federal Reserve, not the lending window, right, not the overnight borrower, but, like, you know, pretty close to it, Like, you're now... Like, you got hooks in. You know what I'm saying? So maybe while Baldi was on Capitol Hill cool arguing for us to be able to make 2% while he makes 8000% on his Polygon nodes, cracking with playing a different game. I don't know.
[1:35:09] Kool @koolcryptovc: No. But but I I I do I do envision a future where Coinbase probably get a license too. Right? Eventually. I mean, mean, that that I'm sure. Right? For sure.
[1:35:18] Dave @DCBK2LA: I'm sure. I'm sure that will happen eventually, for sure, but that's a big competitive advantage in my opinion. Really big competitive advantage. What what was surprising to me was the... Now that we're talking about this, what was surprising to me was the ICE investment into OKX and not, like, Kraken or any of the others. I thought that was really surprising because, like, Polymarket got it. Right? Like... But into... I was thinking it was gonna be Kraken or maybe somebody else, like, right before the IPO. Like, that would have made a lot more sense to me. Right? But I guess politics is politics. They went with OKX at a crazy valuation, but, yeah, I don't know. Just my 2¢.
[1:35:57] Voice I: Hey, Dave. Guys, did you guys see, Circle? Circle went up 15%. What's up with that?
[1:36:06] Dave @DCBK2LA: Stablecoins are flying through the roof, literally through the roof. Like, Stablecoin issuance is going absolutely insane. Everyone is gonna start issuing Stablecoins now.
[1:36:15] chromatique @chromatique: Everybody It's almost like it's almost like the short end of our curve is inverted.
[1:36:18] Agent Naeem @AgentNaeem: The only deal. There's so many stablecoins out there. Yeah. More more more more.
[1:36:25] AlphaGamer @AlphaGamer_sats: More. Well well, Marnie Yeah. Marnie, I'm sure you saw the technicals. I mean, it's it's basically a TA breakout right on circle. Yeah. Yeah. But also...
[1:36:35] Voice I: I'm I'm I'm in it. I was in oil too, and I played it up and I played it down. So I'm very happy girl right now.
[1:36:44] AlphaGamer @AlphaGamer_sats: Oh, nice. Yeah. I'm playing the CRCA angle on it.
[1:36:51] chromatique @chromatique: I'm short financials. I'm just
[1:36:53] AlphaGamer @AlphaGamer_sats: short financials. See see... Oh, and and for Dave, since Dave was like, oh, you know, dumb it down. CRCA is basically circle on two x leverage.
[1:37:03] chromatique @chromatique: Oh, it's a two x it's a two x ETF? Is it is it...
[1:37:06] Dave @DCBK2LA: Yes. Right. Don't do the nerd thing. Don't do the nerd thing. He gave us a nice little quick
[1:37:11] AlphaGamer @AlphaGamer_sats: easy breakdown.
[1:37:11] Voice I: I'm on hyperliquid. So, yeah, I have leverage.
[1:37:16] Dave @DCBK2LA: Let's go. Hyperliquid. Thank you, Gamer. I guess the takeaway here is hyperliquid, ladies and gentlemen. Hyperliquid. Hyperliquid. Hyperliquid. And s link. Yeah.
[1:37:29] Kool @koolcryptovc: Hey, Dave. So when all season?
[1:37:33] Dave @DCBK2LA: Bro, who would tell me about Twenty thirty. The other day. Not not twenty thirty, bro. Come on.
[1:37:39] NatNat @Natnatx007: Stop
[1:37:39] chromatique @chromatique: it. That's concerning. Good lord. Twenty thirty. Agent. Agent. Agent. It might be cooking with gas here.
[1:37:44] Dave @DCBK2LA: Hold on. Listen. Listen. Y'all said last time, you didn't believe me on the East Uptrend. Where did we go? Bing. Up from 62000 to 72000, but nobody believed me. I didn't come here since we called it. But... Yeah.
[1:37:58] chromatique @chromatique: Yes, ma'am. But but but big corn went to 72, but the corn went
[1:38:02] Dave @DCBK2LA: up because go look at
[1:38:03] chromatique @chromatique: go look at oil against Bitcoin.
[1:38:04] Dave @DCBK2LA: Of course, went up. Bitcoin? Bitcoin? Bitcoins. Bitcoins. What
[1:38:08] Agent Naeem @AgentNaeem: what are saying you called what? 62 to 72, but that's like... We're talking, like, old season. Uptrend.
[1:38:14] Dave @DCBK2LA: Well, no. No. I'm just...
[1:38:15] Voice I: I think We need to get S Link on hyper liquid.
[1:38:18] chromatique @chromatique: Let's go. Hey. Well, I'll tell you what, Marni Marni all over place. Trade x y z or some... You know, one of these hip deplores, sure.
[1:38:26] Landy @CryptoLandy: Know? Tezos? Okay. Why we keep... Why we're trading Tezos now. What's hap... What happened?
[1:38:31] Dave @DCBK2LA: Tezos.... Woah.
[1:38:33] chromatique @chromatique: What a name, bro....
[1:38:33] Voice I: Not Tezos.
[1:38:35] chromatique @chromatique: Going back in time, Landy.
[1:38:36] Agent Naeem @AgentNaeem: What was I saying? Tezos or some shit. Right? I can't remember
[1:38:40] NatNat @Natnatx007: what. I
[1:38:41] Dave @DCBK2LA: think he... I'm... You know what bezos mean? Well, the kiss is in Spanish. You know what bez... In French, it means a very... It has a very different meaning. Kiss. No. Not... No.
[1:38:51] Voice I: Oh, is kiss.
[1:38:53] Dave @DCBK2LA: Not in Spanish. In in in French means... I can't say that word. I'm... I will get blatantly fined if I say that word in.
[1:39:02] NatNat @Natnatx007: Yeah. So
[1:39:02] Dave @DCBK2LA: no mercy. Thank you.
[1:39:04] chromatique @chromatique: No. Thank
[1:39:04] Agent Naeem @AgentNaeem: you. Yeah.
[1:39:11] Dave @DCBK2LA: Good times. Alright. It's ten after seven. Good episode. You're all also fired for showing up late. Even the audience is fired. Every single one of you...
[1:39:22] Voice I: So I I got time zone issues. What the hell? What time did we start?
[1:39:26] Dave @DCBK2LA: Because I thought it was like... I know. Listen. We obviously... We operate on our own in our... We live in our own world here. Right? Exactly. Here in The United States. We do things on our own. We say eft... Eftometric system. We all like centimeters. We all
[1:39:41] Voice I: like kilometers. Guys start an hour and a half ago?
[1:39:45] Dave @DCBK2LA: Yes. An hour.
[1:39:46] chromatique @chromatique: We Okay.
[1:39:47] Agent Naeem @AgentNaeem: They even changed English. The space. Call it American English, but it's
[1:39:50] Dave @DCBK2LA: not really Wait.
[1:39:50] Voice I: What time what time did you start? Hour ago or an hour and a half ago?
[1:39:54] Dave @DCBK2LA: An hour and a half ago. We started at 05:30 because we sprung forward. Yeah. Like, we
[1:39:59] AlphaGamer @AlphaGamer_sats: Oh, yeah. I was I was late because of the daylight savings time.
[1:40:02] Kool @koolcryptovc: Yeah. Yeah.
[1:40:05] Dave @DCBK2LA: You're all fired. Anyways... Yeah. Anyways. Oh, Millie, check your check your DMs. We gotta we gotta strategize on some ViVi stuff. The ViVi did some diabolical shit to me today in in the mainsy space. It was wild. Do you know what they did?
[1:40:20] AlphaGamer @AlphaGamer_sats: Get fined.
[1:40:21] Dave @DCBK2LA: Listen. Yeah. Exactly. Listen to what the v v account did to me, and then we'll close out with this one, close out with this story. The v v account doesn't follow me. Right? So they were in mains' space, and I was like, oh, v v account. What the hell? How come you don't follow me? This is some bullshit. All of a sudden, like, I pull up their account. I see v v... I get the note that v v v collectibles follows you. I'm like, nice. They throw me laugh emojis, like, on the low low. Right? Like, you know how, like, you throw, like, laugh emojis. Right? I go to try and throw them back. They unfollowed me by the time I clicked on their profile and then sat in this space and continued to throw laugh emojis. In what world is this acceptable behavior? Omili, I need an attorney to bring up big tech on charges, and I know you're the man for it.
[1:41:09] NatNat @Natnatx007: Well, Omili already looks like he has a whole police outfit on from over here, so I think he's, like, the perfect person for the job.
[1:41:16] Dave @DCBK2LA: Yeah. Exactly, Omili. That's right. But he's the best damn lawyer out here. He's not afraid to go up. You know, he's not afraid to speak his mind. He's not a man that can be bought. You know? At least I don't think so. Maybe. Shit. I don't know. I don't... No. No.
[1:41:32] AlphaGamer @AlphaGamer_sats: Wait. Wait. So so, Dave, you're saying v... Like, VV, like, the the project beef? No. The one that, like Gamer.
[1:41:40] Dave @DCBK2LA: The one that bought Gamer.
[1:41:41] AlphaGamer @AlphaGamer_sats: The one... No. But the one that bought all the cartoon NFTs, they're the ones laughing at you?
[1:41:47] Dave @DCBK2LA: Yeah. Yeah. Yeah. Yeah. Damn. Yeah. Right? It's harsh. Ouch. It's like a cartoon. I know. Alright, kid. That's enough. Good Monday. Hope you guys obviously have a great week. Nat, Landy, Marnie, the engineer, gamer, Naeem. Appreciate you. Chroma, great stuff. Love your contributions lately, bro. Just speak a little bit dumber for the rest of us. Okay? Thank you all very much. Love you, bro. Appreciate you, man. And it was 65 degrees here in New York City today, so sunshine is coming back, bitches.
[1:42:14] Agent Naeem @AgentNaeem: Tomorrow night.
[1:42:15] Landy @CryptoLandy: Alright. Yeah. Fair enough. Exactly. Snow here.
[1:42:17] Dave @DCBK2LA: Snow but it... Exactly. We don't talk Celsius out here. That's how it works.
[1:42:20] AlphaGamer @AlphaGamer_sats: It's over here. It's 70.
[1:42:23] Dave @DCBK2LA: Yeah. Well, you don't have...
[1:42:25] NatNat @Natnatx007: Alpha gave him a message. You
[1:42:26] Voice I: know? Alpha
[1:42:27] NatNat @Natnatx007: gave him message. You know?... His usual entry. He didn't say it's a beautiful day in the bay today. They did. They... Oh.
[1:42:35] Dave @DCBK2LA: Oh, snap. That that just I did. Attention to you, gamer. They Oh, No. Doesn't care what you have to say.
[1:42:40] NatNat @Natnatx007: Sauce in the background.
[1:42:40] Dave @DCBK2LA: She does
[1:42:41] AlphaGamer @AlphaGamer_sats: not care what you have to say. And actually correction. Mhmm. I'm sorry. I just wanna make a quick correction. It's actually 78 degrees right now, so it was warmer than
[1:42:51] Kool @koolcryptovc: I said.
[1:42:52] Dave @DCBK2LA: What's that in Celsius, though, is the real question. Good night, ladies and gentlemen. We'll see you later. Peace.
[1:42:57] Landy @CryptoLandy: Face lasers.