Tyre pulled a Landy by yanking liquidity and flooring all 100 of his Quacket NFTs, slamming the price. Landy and Dave noted frustration from lack of communication around Seq and TGE expectations. Moni added that people are farming with nothing happening, while Landy called Magic Eden a casino now going full degen.
Bread explained x402 as an HTTP payment standard letting agents pay each other in USDC for data in one step, replacing API keys. Landy said every piece of data will be monetized with the best accurate data winning out and regular folks getting priced out. Bread warned AI inference tokens like VVV could burst after their peak as compute gets cheap enough to run locally.
0:33:54AI bubble in 12-24 months
Landy reported Kevin Walsh approved as new Fed chair with Jerome Powell staying on the board. He noted hot core CPI and PPI mean rates will likely be held longer with no quick cuts. Landy said this is driving risk off in Bitcoin first as a risk on asset.
0:46:38BTC below 79k, 74-76k, 70-72k levels, oil 90-95
NatNat highlighted Nokia and BlackBerry calls with Nokia running above 15 dollars. AlphaGamer discussed ALMU earnings, its 36 quantum laser patents and interest from AI firms. Landy called quantum threat to Bitcoin fear-mongering, saying infrastructure is far off and solutions will arrive before it matters.
0:54:01Air Force One CEO stocks
Landy said Clarity Act is a weak framework that could spark lawsuits and push toward small cap and meme coins rather than a big rally. The group debated Polymarket on Figure's package sorting robot hitting 10000 packages in eight hours with many leaning no due to potential kinks.
1:05:57Clarity Act priced in? Bitcoin Act and reserve
“Like, do y'all remember do y'all remember six months ago when I went around the room and I asked everybody, like, what's your one AI pick? Right? And I went to Landy, and Landy said VVV at, like, a dollar 75 or $2. Look where VVV is today. VVV is $17.18 dollars now. Yes. People are hoarding compute AI token, ones…”
Dave0:23:39Share on X
“Yeah, dude. X402 is... And I I was on that space for a little bit this morning before I had to jump. Then, like, yeah, X402 is a... It's just a... It's a payment standard. Right? Like, it... It's it's on basic HTTP protocol, right, which is, the Internet for, like, you know, the nontech people. Right? It just... You…”
Bread0:28:06Share on X
“But I wanted to read this because I think it's really important because everybody's making a big deal about PE ratios right now. And let me find it. He said, a fact worth holding on a day like today, .com peak median PE of the leaders was a 152. AI leaders today are at 39. Is it high? Yes. Unreasonably? Not really. A…”
Landy0:33:54Share on X
“I think more important than coming in and getting his approval to become the new Fed chair is that between yesterday and today, you know, I've talked quite a bit about core CPI numbers because it cuts out the volatility of of assets like oil and food and other things. Right? Well, we are now starting to see that we ...”
“n my opinion, going to be any kind of a done deal this year unless we see something directly announced by the treasury for what they're doing in terms of budget neutral accumulation as no one's ever really paid attention to that. Everybody's focused on the Bitcoin act and the language in it. And I think that the more…”
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