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Episode ยท Jun 4, 2026

All Things Crypto- Knicks Take Game 1 & Empress $HYPE Victory Lap

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A show the day after the Knicks won NBA Finals Game 1 in San Antonio. Guest Empress (a Hyperliquid researcher) returns for a HYPE fact-check. Downsides: CME Group's entry and a published bear case (with Grayscale's rebuttal). Upsides: Hyperliquid's DC policy center, ongoing buybacks, and her theory that Coinbase could end up building a front end with Hyperliquid. She also covers the HYPE yield/staking tools she uses (Valantis, HyperBeat, Liminal), the PURR/Hyperliquid Strategies DAT (not the meme coin), and her small XLM/Algorand bags. Landy says state-by-state US politics will block Hyperliquid's US access and imagines an aggressive move on Coinbase. Ryan notes pre-IPO tokens being used for price discovery (e.g. Cerebras). On macro: AlphaGamer reads Mark Cuban selling BTC as capitulation and eyes a September low; Cantor questions how ~$5T of AI/space IPOs gets funded and whether AI unit economics work; Landy expects a liquidity crunch with recurring shocks. Ryan warns retail not to sell BTC to chase IPOs because insiders are waiting for lockups, and Taj describes Google's two-lane AI strategy (Gemini plus open Gemma).

On the mic
DaveNatNatKoolLandyRyanAlphaGamerSamara
Chapters
Knicks take Game 1
AlphaGamer: Cuban capitulation, September low, 2x HYPE ETF
Cantor: ~$5T of IPOs and AI unit economics
Landy: IPO liquidity crunch and capital rotation
Taj: Google's Gemini + open Gemma strategy
Ryan: don't sell BTC to chase IPOs
Empress: HYPE bear case, CME, Grayscale rebuttal, policy center
Hyperliquid and Coinbase: partner or takeover?
HYPE buybacks, yield tools, PURR/Hyperliquid Strategies
Pre-IPO tokens as price discovery
Transcript
Full transcript
# All Things Crypto- Knicks Take Game 1 & Empress $HYPE Victory Lap | 2026-06-04 | https://x.com/i/spaces/1DGleeBQpRNJL | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:00:41] Dave @DCBK2LA: Alrighty. Alrighty. Hold on. We're gonna play it. Let's see what we got right here. What's up, guys? What's up, guys?
[0:00:56] NatNat @Natnatx007: What is up, sleepy head? I'm glad
[0:00:59] Dave @DCBK2LA: you're awake. Yes. Yes. It's old. It was old man. Nap time. You guys know the drill, how it works already. Thank you for the wake up call, Natalie. You know? Oh, look. Your friend Bootywax is here. Hey, Bootywax. Thanks for coming through to my space and not just Natalie's space. You know? That was nice. Well, let me see what I got here. You
[0:01:23] Dave @DCBK2LA: brought your friends. I'm not totally cool here now. You know what I'm saying? Like, booty wax is here. Like, I think we're we're good. We are good. Alright. Let me see. Let me see how this looks. Ready?
[0:04:19] Dave @DCBK2LA: What's up all you? And peppers.
[0:04:24] Kool @koolcryptovc: Yo. Are you... All this because the Knicks won one game, bro? Is that is that what all this celebration Cool. Really?
[0:04:33] Dave @DCBK2LA: Do... Cool. Do you mean just one one game? Just one game, bro. What's going on? Cool. This is not just one game. Do you understand? This is one finals game on the road in San Antonio. Okay? We are three... Hear me out. We are three wins away from burning this motherfucking city to the ground and bringing a championship back to New York finally. You know what this was like as a kid growing up being like, oh, we almost had it. We were almost there. We almost did it. It's not the same giants. I love the giants. I love the yankees. Great. It's not the knicks, bro. It's not the knicks. One game. One game. Bro, just one game. That game was everything. Everything. And if you watch it and if you probably hear it in my voice, I was stressing a little... I was straining a little bit last night, but goddamn. What? And and that was a shitty shooting game too. A terrible shooting game on our part, yet we still somehow managed to come back and obviously bury these freaking clowns. Everyone's like, oh, these birds are gonna kick you in. Shut up. Shut up, everybody. I don't wanna hear it.
[0:05:53] NatNat @Natnatx007: Well well, we actually saw the game last My husband and I, we stayed up past our usual bedtime to watch this game. And let me just tell you, it was so fucked up. Did you see the fan that ran in the middle of the porch just to take a picture? I was like, what are you doing? You're killing the momentum. And if we lose this game, it's all your fault.
[0:06:17] Dave @DCBK2LA: You saw Wendy even... Posed for the picture too. This just goes to show you. It just goes to show... And look. If a Knicks win means that Empress comes back for, like, a cameo episode, what the fuck? Yeah. Cool. It's not just the Knicks win, bro. Do you understand? This is bigger than basketball, bro. It's bigger than basketball. Hey, empress. GM.
[0:06:44] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I almost left. That music was awful. Please don't ever subject me
[0:06:48] Dave @DCBK2LA: to that again.
[0:06:49] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I didn't know what was happening.
[0:06:50] Dave @DCBK2LA: I miss you too.
[0:06:51] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: What was it? Like, nineteen eighties death medals calling. They'd want their music back. Is that what that was? I'm not sure. What's up, people? What's up, Empress?
[0:07:03] Dave @DCBK2LA: What's up, Empress? It's good to have you back on here. Even if it's just... They give me shit about my New York Knicks entry. That was just one of them. I came up with a few other ones. There was a couple, like... You know? I won't I won't play those, but I figured I played go New York, go New York, go yesterday, but I'm gonna play that one tomorrow before game two. You know? I'm a save that. I'm a... I'm definitely gonna save that one. So
[0:07:24] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: No. Sinatra? I would have just gotten... I mean, anything
[0:07:27] Dave @DCBK2LA: was Sinatra. Sinatra is the Yankee. Okay? Sinatra is not the Knicks. Alright? It's not... Sinatra doesn't... No. No. No. But but I will say the go New York, go New York go chant from, like, way, way, way back when. I mean, that's like ninja... Man, you guys aren't gonna... Anyways. Anyways. Anyways. Puppet. Empress is good. Ninja turtles. Taj, what's up?
[0:07:51] Voice F: That was just saying, nah. Ninja turtles. That that just brought me back. Right? And that's a good reference right there.
[0:07:55] Dave @DCBK2LA: Right? That's some vanilla ice shit. You gotta be old as hell and know that stuff. You know what I'm saying? But... Yeah. Yeah. Yeah.
[0:08:01] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Watch him out.
[0:08:05] Dave @DCBK2LA: Good times. Good times. Oh, you didn't hear empress? Like, on my shows now, it's like full cursing ability. Like, we just... We
[0:08:13] NatNat @Natnatx007: No. It's not.
[0:08:15] Dave @DCBK2LA: Damn. Bro.
[0:08:17] NatNat @Natnatx007: Dave just called here for failure.
[0:08:19] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I was about to
[0:08:19] Dave @DCBK2LA: pop off. Know. Jesus.
[0:08:21] AlphaGamer @AlphaGamer_sats: I know.
[0:08:21] Dave @DCBK2LA: I know. I'm trying to stir the pot a little bit.
[0:08:23] NatNat @Natnatx007: You can pop off, Empress. Dave will pay the fines just like how he paid the fines last time when we had this individual come up and throw, like, two minutes worth of, like
[0:08:33] Dave @DCBK2LA: You let that person up. That wasn't me. You let that. I was on your space.
[0:08:36] NatNat @Natnatx007: I not let that person up. You Oh,
[0:08:40] Dave @DCBK2LA: so who's booty wax?
[0:08:41] NatNat @Natnatx007: Just wear on a
[0:08:42] Dave @DCBK2LA: Who's booty wax? That's what I wanted. I don't know who booty wax is. Okay. I'm shooting.
[0:08:47] NatNat @Natnatx007: No idea, but thanks for the support. Thanks for the follow. Thanks for coming to my.
[0:08:52] Dave @DCBK2LA: Yeah. I just shot booty wax a follow. I think it's about time. You know? Like, booty wax is now slowly becoming one of our regulars. You know? So shout out to booty wax. Let's go. Puppet, what's good?
[0:09:06] Landy @CryptoLandy: Jaylen Brunson is clutch. Oh my god. Hey.
[0:09:13] Dave @DCBK2LA: Sweet, bro. Sweet, baby. Sweet.
[0:09:18] Landy @CryptoLandy: Oh, man. I mean, he went down. Everybody got kinda shook. He's like, oh, no. He's going to the locker room. This is over. Spurs are up. They ain't gonna come back from this. They're playing like crap. They're they're out of their gate. And then all of a sudden, just... Man, that that third and fourth period. Third and fourth quarter, third and fourth period, whatever you wanna
[0:09:42] Dave @DCBK2LA: call it.
[0:09:42] Landy @CryptoLandy: I don't really care. I don't play I don't I don't play... I was talking to some Canadians earlier, and they play they play ice golf. So, like, they do periods and not quarters, and it's kinda weird. So sorry, the engineer. You'll have to maybe explain to your fellow Canadians that that's quarters here, not periods. But... Yeah, man. What a win. But don't... Yeah. It's early. Yeah. Can't get too excited. Can't get too excited. I don't wanna get... You just gotta level it out. Level it out.
[0:10:18] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: You guys for confirming that outside of Hyperliquid crypto is dead. I just wanted that. Thank you.
[0:10:24] NatNat @Natnatx007: You're welcome. Absolutely.
[0:10:25] Landy @CryptoLandy: Wow. Hello, Empress. Oh, and hello, Dave. Congratulations. Cool. Nat Nat. Congratulations to everyone. Taj, Fred, the engineer, congratulations on the Knicks win. It's amazing. Oh, yeah. And there's that hyperliquid thing too that's doing pretty good.
[0:10:41] NatNat @Natnatx007: Don't be a hater. It... Empress, listen. My... It's so much love and respect for you, girly. That was... On my first phase back, hyperliquid was mentioned, and we got into it. And, man, the gains have been incredible on hypoliquid.
[0:11:03] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Uh-huh. There you go,
[0:11:05] NatNat @Natnatx007: There you go, Hayden.
[0:11:06] Ryan @Rlad1776: Did you
[0:11:07] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: fumble the bag? That sounds like somebody who fumbled the bag over there.
[0:11:10] Dave @DCBK2LA: Right. I know.
[0:11:11] Landy @CryptoLandy: There's... There is somebody who vehemently disagrees with all things hyperliquid. He's he's not a winner. He's a loser because James really, really lost. Now he started his own thing, and then he lost a gun. And...
[0:11:27] NatNat @Natnatx007: Well But
[0:11:28] Dave @DCBK2LA: you didn't
[0:11:28] AlphaGamer @AlphaGamer_sats: miss this.
[0:11:28] Dave @DCBK2LA: These dad jokes that you're in, Bruce. Like, these dad punch lines. Oh my god. They're amazing. I
[0:11:36] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I deal with Landy practically every day all the time anyway, so it it doesn't go away.
[0:11:40] Dave @DCBK2LA: Why? Why? Okay. Wait. Let me just...
[0:11:43] NatNat @Natnatx007: Do you guys fight in the DM?
[0:11:45] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Oh, man. We've cleared GCs. People have rage quit. They're not even part of the conversation, but they rage quit and leave because we just keep going.
[0:11:55] Dave @DCBK2LA: Good times. Good times. Wait. Let me say... Let me just go to cool for one quick second. Cool. Do you understand this is not just one game now, my friend? Did you understand that if you... Like, this is not... Are like, are you a sports fan cool? Like, do you have a team that you root for?
[0:12:10] Kool @koolcryptovc: So so I I I used to be... I used to watch a lot of NBA, but I I kinda tape it off a little bit, but I would say something, though. I... I'm born of sports fans where you don't celebrate until the fat lady sings, man. So so I've seen a lot of times where teams or fans, they get their their their hopes high because their team won the first game. Boy, I... There's so many... A a lot of teams have lost, man, because they got too comfortable. And I... And what I'm saying is fans get disappointed if they tend to have their hopes too high. That's the reason why I never celebrate on a team I like until you lift that trophy, bro. That's kinda what I'm saying.
[0:12:51] Dave @DCBK2LA: Okay.
[0:12:52] Kool @koolcryptovc: So don't don't lift the trophy until you guys are... You you guys have won the the the final the final Okay.
[0:12:57] NatNat @Natnatx007: Our expectations are so high, Cole. Don't be surprised if the Knicks lose that there's, like, no ATC for, a week.
[0:13:05] Dave @DCBK2LA: Yeah. Exactly. Also, we just like to talk a lot of shit to the people that were like, watch. In my group chats, people... Was just, like, literally, I was like, oh, who was talking shit there? Everyone was like, Spurs money line, banking, booking.
[0:13:18] Kool @koolcryptovc: So the... So so, David, remember remember when the the the the red sox played the yankees. Right? I think they were up, I think, three games Oh my god. See, stuff like that. I remember those days. I remember that. I remember... I mean, there's so many there's so many of them. Teams were up. The the the finish line was right there, man. They lost it. I'm like, the fans, it takes years to recover. And as I'm like, I saw this excitement with with you from the game one. I'm like, man, bro, I hope the Knicks win because you... Like I said, I've I've been through this before. I remember I'm a big fan of the Heat, Miami with with... They played Dallas in the finals, and Miami was up, I think, three games to
[0:14:01] Landy @CryptoLandy: one. I remember that.
[0:14:02] Kool @koolcryptovc: It was over. The Dallas came back and won
[0:14:05] NatNat @Natnatx007: that stuff. Right?
[0:14:05] Kool @koolcryptovc: So Yeah. What I'm saying is I just remember, and that's why I'm like, I will never celebrate until the fat lady sing. Once once the fat lady sings,
[0:14:15] Dave @DCBK2LA: then we're all we're all good to go, bro.
[0:14:16] NatNat @Natnatx007: I swear. She gotta be fat, though.
[0:14:18] Dave @DCBK2LA: I see. Yeah. I'm saying... Yeah. I'll tell you right now, because where if you just mushed us, bro, and we go on, like, we're on the 12 game heater, bro. We have not lost the game in 12. We've lost two playoff games. That's it this whole time. We are on one of the most epic NBA runs ever. But if we lose now, you know that I'm gonna blame you. You understand this. Right? Because of this, like, don't sell... Don't count your chickens, yada yada, all this BS. Alright? Cool. So listen. I want us to stay friends.
[0:14:45] Landy @CryptoLandy: Okay? I have something important to say. Alright? And I think I think that this is actually going to tell you a little bit about where Cool's head is at. And... Look. He's talking to us. Right? Me and Nat, we're in here. We're talking about the Knicks. Right? And the last time that everybody was really excited about something and there was every... Oh, man. Everybody's on a heater. It was Infofy. Alright? And Cool got hurt bad. He was like, you know what? Screw this. Nat and Landy are now on board with the Knicks. This is not good. This is this is bad news. I've seen it. Dave's gonna get his heart broken again. They're gonna call the top on the Knicks. The run's gonna be over. That's... I get where cool's coming from. You know what? He has data and statistics on his side right now. And, Dave, I don't wanna see your heart get broken, so I'm gonna start rooting for the
[0:15:43] NatNat @Natnatx007: feel like this space is like a whole bad juju and your whole comments.
[0:15:46] Dave @DCBK2LA: I need
[0:15:47] NatNat @Natnatx007: to put, like, holy water on the My
[0:15:48] Dave @DCBK2LA: hand is hovering over the end button at the top right right now, like, literally just hovering over the freaking button. So I just want you all to be very, very fucking clear. Okay? There will be no more of this. Oh, we're the top signal for this. Okay? Let me enjoy my game one win. Hopefully, there will be a game two win because we are just gonna maybe run these dudes out of the gym completely. This team isn't ready. They're too young. It is what it is. Yes. Empress.
[0:16:15] Landy @CryptoLandy: Counterpoint. Hold on. Before Empress goes because this is relevant to Emp. This is relevant to EMP. Because EMP was the offset last time. Because when she came in, she was talking about hyperliquid. What did Nat and Landy get into in a heavy way? Hyperliquid. Where is it at now? Winning. So... Look. Emp is actually... Look. This is like... You you... This is the this is the four leaf clover right here. Don't don't end the space right now. This could save them. Get game two, three, four, and a sweep.
[0:16:43] Dave @DCBK2LA: Second. Wait. Emp, I need to know, like, what what what bus are you on? You want... You're on this Knicks bus with with me. Right?
[0:16:52] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Sure. Why not? It ain't the Jail Blazers, and the NBA sold out and became the bitch ball. Used to be street ball. Spike Lee was in the stands. So sure. Go Knicks. Yay. Go you. Have all the fun. Would you like to know why I pulled up today?
[0:17:06] Dave @DCBK2LA: Yeah. Of course. We we... I've been dying to know. It's not just me to just come say hello and let you miss me. Okay. Fine. That's fair. But, yes, we'd love to.
[0:17:13] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I mean, there is that. But, also, you know me, grease trap girl on occasion because people suck. I've been listening to the biggest, quote, unquote, CT KOL spaces, and they have the worst information about hyper liquid. Just terrible, terrible fucking takes. So I thought I'd come here and try to clarify some stuff if anybody's interested.
[0:17:37] NatNat @Natnatx007: Yes. I am interested. Girl, I have a... My bag is huge, so glad.
[0:17:43] Dave @DCBK2LA: Uh-huh.
[0:17:43] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Well, let Dave get through his hellos through the rest of the day.
[0:17:47] Landy @CryptoLandy: Well well, as Ryan would say, I loaded up my sack with hydro...
[0:17:51] Dave @DCBK2LA: Shut up. You know I mean? Just shut up. Let me say what's up to everybody else for a second. Goddamn it. Samara and Brett are here. Canter came up. Samara, what up, ninja?
[0:18:03] Samara @thee_samara: Hey, guys. Yeah. Shout out to you guys. Yeah. I'm just here listening, catching the vibes, know, talking about a couple of things. Happy Liquid is a good one. Retrace kind of flips Solana, but, yeah, you know, we took profits towards the top, but it's it's cool. It's cool. But, yeah, welcome guys to the bear markets, and, yeah, we're still here. I'm really, really curious to to actually to actually hear Landy's take it, honestly, because I have, like, a couple of things tied to that. But, yeah, shout out to you guys, man, g m g m.
[0:18:31] Dave @DCBK2LA: Let's go. Welcome, Samara. Good to have you back.
[0:18:34] Samara @thee_samara: And, yes, Landy Landy and Nat were the top point info five.
[0:18:38] Dave @DCBK2LA: They were definitely top for info five. That's why I can't have them talk about the Knicks tomorrow. There's no way. You guys are barred. You guys are... No. Just no. No. No. All around. Do understand? No.
[0:18:48] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: To be fair, you might be better off if I fatted the Knicks because I seem to recall fudding the fuck out of Infopy every time I just run out.
[0:18:55] Dave @DCBK2LA: You're right. You're right. You're right. I hope it was up to Ryan and Brett. Alpha gaming came up then.
[0:19:02] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Oh, shoot. Sorry, Nat.
[0:19:03] NatNat @Natnatx007: Yeah. Yeah.
[0:19:04] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. Nat charged No.
[0:19:05] Dave @DCBK2LA: Nat's paying all the fines. Nat's paying all the fines. You're good.
[0:19:08] NatNat @Natnatx007: Listen. Dave owes me so much money. You can keep cursing me. It's fine.
[0:19:12] Ryan @Rlad1776: Yeah. I mean, compound that that stuff. But let me just say first... Far... Foremost, congratulations, Dave, and to all the Knicks fans. Well done. But as my favorite baseball player ever, Don Mattingly, said to Derek Jeter, son, when you hit a home run, you run around the bases as fast as you can. You get back to the dugout. You put your helmet up, and you get ready for the next inning. Do not be a diva. You are being a diva right now. Put your hand over the button. Just enough. Okay? You won one game. Just time to get back to work. End of story. That's the way it goes, brother. For
[0:19:59] Dave @DCBK2LA: the record, I
[0:20:00] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Did you just say chill, daddy? Is that what
[0:20:03] Dave @DCBK2LA: you said? I heard
[0:20:03] NatNat @Natnatx007: you too.
[0:20:04] Dave @DCBK2LA: Like, I am not the Knicks. Okay? Do you understand? I'm just trying to do my part as a fan to make sure that we win as much as possible. Okay? So this is not
[0:20:13] Dave @DCBK2LA: the Knicks. But but you're
[0:20:14] Ryan @Rlad1776: not doing your part. You're gloating, and you're being all,
[0:20:16] Dave @DCBK2LA: like, you
[0:20:17] Ryan @Rlad1776: did with your hand over the hand over the button, and I'm gonna end this right now.
[0:20:22] Dave @DCBK2LA: It's a repeat.
[0:20:22] Ryan @Rlad1776: Scary, scary
[0:20:24] Dave @DCBK2LA: Yeah. Yeah. Shut up. Shut up now. I'm gonna start hitting the mute button. I can't believe you guys made me buzz out the mute button. This is wild. It's unbelievable. Zip it up. I will gloat when the Knicks win. Do you understand? And I will cry if they lose. That's how this works. That's what being a trade.
[0:20:39] Landy @CryptoLandy: I'll offer you a trade. Knicks win. Giants go Owens, Owens 17.
[0:20:44] AlphaGamer @AlphaGamer_sats: That's that's right.
[0:20:45] Dave @DCBK2LA: That might... Well, bro, we signed OBJ. Back again. Dude, you... It's Houston. The Giants are gonna contend this year, bro. Jackson Dart. Trump might even come to a game. It's gonna be amazing. It's
[0:20:55] NatNat @Natnatx007: gonna be great.
[0:20:56] Landy @CryptoLandy: You can't have you can't have all of that.
[0:20:58] Dave @DCBK2LA: Yeah. Yeah. We might.
[0:20:58] Landy @CryptoLandy: No. You only get one.
[0:20:59] Dave @DCBK2LA: Do you guys have any idea what game three at Madison Square Garden is probably going to be like? Like, it is going to be one of the most epic fucking things ever ever ever ever ever. Like, I mean, this will trump all... As a New Yorker, like, as a native New Yorker, not like a Buffalo New Yorker. Like, this
[0:21:18] NatNat @Natnatx007: That's Canada. We spoke about this yesterday.
[0:21:20] Dave @DCBK2LA: Exactly. Not like you're... My my, like, almost Canadian friends. Like, this is everything. Let me gloat. You understand? Let me live. Alright? We won a game. Yes. I get it. We didn't win the series, but we will, MFers. We will.
[0:21:37] NatNat @Natnatx007: Bread Well
[0:21:39] Ryan @Rlad1776: Well all you got to do is talk to the girl, and it was by accident. Accident. You didn't even get to ask her out or take her home or get her clothes and shit. Like, chill, brother.
[0:21:47] Dave @DCBK2LA: No. No. No. No. No. The clothes eventually come off anyway, bro. Stop it. Are you are you kidding? Brad, what's good, bro?
[0:21:55] Samara @thee_samara: Oh, GM gang. Just hanging, watching, waiting for the baseball games to start here because we got six going on this afternoon. Bucket went two and one in its pro picks again today. So, yeah, just chilling and, you know, hoping I don't have to sell early at all. If all this week goes... Continues to go well, I'm gonna be loading up on my World Cup picks this weekend. So, you know, looking forward to that. That's next week. If anybody's unaware, World Cup starts next week, so, you know, let's go.
[0:22:22] Dave @DCBK2LA: Let's go. Love that.
[0:22:24] AlphaGamer @AlphaGamer_sats: I got Skybox tickets at Fox... Gillette.
[0:22:28] Dave @DCBK2LA: Oh, you... Oh. What? You fit for World Cup?. I told you're friends, bro. Like, what's what's up? I'll I'll
[0:22:36] Samara @thee_samara: Yeah, bro. I'll see you there, man.
[0:22:38] Dave @DCBK2LA: Drive to Boston. Or fucking... I'd say I would think all you guys are awake or
[0:22:41] Landy @CryptoLandy: Thanks for inviting me. I appreciate it.
[0:22:42] Kool @koolcryptovc: I was not even bro.
[0:22:44] Dave @DCBK2LA: Not even them. There better be some damn perks of this freaking job if it's not money for fuck's sake. Sunny d.
[0:22:50] Ryan @Rlad1776: Bro, if you go up to Boston, you better stay there. Like, don't even take your happy ass back to New York.
[0:22:54] Dave @DCBK2LA: I mean,
[0:22:54] NatNat @Natnatx007: shut up,
[0:22:55] Dave @DCBK2LA: man. Shut up. At first, it's like, oh, don't count your bloods again. Don't count your chickens. Now it's like, oh, if you go to Boston, we can't... We're gonna forget you.
[0:23:02] NatNat @Natnatx007: Bro. I gotta say, David, if you go to Boston Boston and come back a grad sox man, it's over. Hello. Okay? It is over
[0:23:10] Dave @DCBK2LA: between That's ridiculous. Get out of here.
[0:23:13] AlphaGamer @AlphaGamer_sats: Sunny d. He loves the celtics. Yeah. Yeah.
[0:23:16] Dave @DCBK2LA: Get out
[0:23:16] NatNat @Natnatx007: of here.
[0:23:17] Dave @DCBK2LA: Sunny d, listen. I'm I'm down. If you need a date, bro, like, you holler at your boy, I'm there for you. Okay? If you need someone to come help you eat the food in that skybox, drink the drinks in that skybox, and watch the games, I'm here for you.
[0:23:30] AlphaGamer @AlphaGamer_sats: Okay? Just so you know. I guess I'm gonna meet the crafts.
[0:23:33] Dave @DCBK2LA: Yeah. I'm down. You love... I mean, sure. We... Are we even gonna go for rub and tugs with with with with Robert Kraft? That'd be insane. That'd be so much fun. Woah. Yeah. You guys been coming?
[0:23:43] AlphaGamer @AlphaGamer_sats: We still talking about World Cup, or This is why you're not invited.
[0:23:46] Dave @DCBK2LA: You don't know about Robert Kraft, the little strip mall, little... Come on. Come on. Anyways, gamer, it's Sunday. I'm here for you, though. Gamer, what's up?
[0:23:59] AlphaGamer @AlphaGamer_sats: What's up, everyone? Yeah. Just... I didn't know you didn't like the Boston Celtics. It's... I'm a big fan. And I can't even give you a straight face.
[0:24:12] NatNat @Natnatx007: Damn. And no Boston Celtics. No Boston Red Top.
[0:24:16] AlphaGamer @AlphaGamer_sats: Boston. I can't even say it like Boston. Boston. Yeah. I can't do that. But I wanted to come up and give empress her flowers because I... Actually, I think I think that's how I met empress was Root was talking all kinds of shit. And then she came up and then had to educate, you know, everyone on on what was real and what wasn't. And I was like, oh. I was like, oh, really? I was like, oh, shit. And, yeah. So, you know, giving empress her flowers because, yeah, you know, she pretty much well, for for me too, you know, that's when I grabbed my hyperliquid bag because I didn't know what the hell it was in the beginning either. And, yeah, sitting pretty. And and, also, I also, doubled down on it in the in the Travify way. The tool... The the Travify way, not the not the crypto way with... Was it t... Was it t hip? T h y p? And and then if you really wanna get jiggy with it, t x x h, which is the two x levered long on a hyperliquid. That's the trap highway. So that... That's what I meant.
[0:25:35] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: The Bitwise? Is that the Bitwise ETF?
[0:25:38] AlphaGamer @AlphaGamer_sats: The 20 the 21 shares.
[0:25:40] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: 21 shares.
[0:25:41] AlphaGamer @AlphaGamer_sats: Yeah. It's the 21 shares.
[0:25:42] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: There's so many. I can't keep track
[0:25:45] AlphaGamer @AlphaGamer_sats: of it. So I I was, yeah, I was playing with the TXXH. That... That's why I know. You know, it's... Well, why not two x long, right, when it's moving... When hyperliquid's moving and, you know, it's it's the narrative. Right? But I did see that Arthur Hayes kinda throwing FUD at there, throwing FUD at Hype and Near.
[0:26:08] NatNat @Natnatx007: Yeah. Right?
[0:26:09] AlphaGamer @AlphaGamer_sats: Saying that he basically
[0:26:10] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I'm sorry. I don't know who that is.
[0:26:12] AlphaGamer @AlphaGamer_sats: Oh, he's just this guy from last cycle, Bitmax and blah blah blah. He got locked up just like CZ for shenanigans. And I don't know. For some reason, people like to listen to guys who get locked up in prison and get out, and then they're like, oh, this guy's... You know, he knows what he's talking about. So, yeah, he's he's one of those guys. And, yeah, he he apparently is like, I'm dumping my hyperliquid in Near, and the narrative has run dry. And I'm like, yeah. Sure. Whatever, buddy.
[0:26:42] Dave @DCBK2LA: The best is the headline. I'm... And I'll tell you guys why next week. And it's like, bro.
[0:26:47] AlphaGamer @AlphaGamer_sats: Right. Yeah. After after I try to drive the price down, but, yeah, it's not gonna work. But it's pretty much played out exactly. You know, I've been I've been busy. I I actually went... I've been little mini vacay out in the country here. But, yeah, pretty much everything's playing out just like, you know, everyone here's pretty much called it. Right? Like, every... Literally. Like, everyone here in the space was saying, you know, SpaceX is gonna suck up all the liquidity in the markets, and that looks like that's exactly what's happening as people are capitulating out of Bitcoin, and pretty much across the board. Right? They're they're they're selling their bags or, you know, cutting their losses, whatever whatever... You know? They're getting liquidity. Right? They're pulling profits, and the capitulation is is pretty much... Like like I said, it's expected. Right? We all... Everyone here was saying, like, we're expecting lower, you know, and and pretty much just playing out just like, you know, the cycle always. Right? This... But but the beautiful part is the capitulation, because that's how you know we're we're getting close. We're getting so close, you know, to the bottom. For for me, it was the, the Mark Cuban indicator. I don't know if you guys saw that, but he went on live show, pretty much said he was dumping all his Bitcoin. And he was saying, oh, it's... You know, it's it didn't... It's not a hedge, and it didn't perform. Like, he'd said it was, you know, the the inflation, and
[0:28:20] Dave @DCBK2LA: and he...
[0:28:21] AlphaGamer @AlphaGamer_sats: You know, he's calling out how, you know, gold is rising and AI is rising and Bitcoin. I'm poking at it with a stick, and it's not even moving. So... And then that's typical for every cycle. Right? So, like, no. I'm serious, Dave. Like, you're like, oh, that's that's what we want. That's what we wanna see, man. We wanna see these big whales capitulating and, you know, and giving up. Right? Because that's how you know. Right? But it's it's the psychology of the market cycle. Like, go go look at that chart. Right? And and if you go look at it and you see where we are, you're like, oh, yeah. We're right at that depression, anxiety, capitulation. Right? And then and then, so so for me, I'm actually I'm actually looking at September. I I think we still got some pain here. I I really do think that September will be the final, like, big dip. Right? Because September has always been the worst month for Tridentify and crypto. So I'm expecting, you know, you know, the last people to give up hope in September and then running up at the end of the year. Because like I said, you know, SpaceX is huge value... And we're talking 1,750,000,000,000 valuation. And, you know, the... All the other big ones coming after that. I even saw, I don't know if you guys were watching the Honeywell, QNT, the Quantanium, the, you know, the Quant, IPO. Was that was that today or yesterday?
[0:29:53] NatNat @Natnatx007: Or... Yeah. That... I think that was today. Q n c.
[0:29:55] AlphaGamer @AlphaGamer_sats: Yeah. So, like... Yeah. So all these all these big giant IPO valuations are coming out, and there's only so much money in the, you know, in the system. Right? And we've kinda already seen all the AI stuff kinda play out. Right? The Micron, the Sandit. I mean, there's a ton of money sloshing around in the system right now. And and I'll... If you look at all the indicators, they're all overbought across the board. There's a few plays here and there. Right? Like like, I I posted about that. Chronoscale from Applied Digital, that that was interesting to me.
[0:30:31] Dave @DCBK2LA: Can I give him his one?
[0:30:31] AlphaGamer @AlphaGamer_sats: So they're Neo Cloud.
[0:30:33] Dave @DCBK2LA: Here's what we're gonna do. We're gonna... Like like, find them up. Let me say what's up to Cantor. We're gonna go around. I wanna hear Empress' hype, obviously, like, flood corrections on on on what everybody else has been saying out here, and then I'm gonna swing back around to you. But let me say what's up to Cantor. Cantor, what's good?
[0:30:50] Kantorcodes | โ„ol/acc @Kantorcodes: You know, I I think with the liquidity thing, I always get... I always start thinking about question marks because we've been covering AI now for two years at HOL, and we've been looking specifically at this big liquidity event. And it's not just SpaceX, and I know that, Alpha, you hinted at this too. There's at least $5,000,000,000... I mean, $5,000,000,000,000 of valuations looking to IPO at this point. Right? You have you have SpaceX. You have Anthropic. You have OpenAI. You have Cerebras. You have tons and tons of chip companies coming into the fold. And my question really has been, where is this liquidity going to come from? Right? We've been giving these insane valuations to these companies, and none of these companies are profitable at all. Right? Like, not a single AI company at the top is profitable. You know, a company is profitable, NVIDIA, and it's gonna keep being profitable, and that's gonna keep maintaining itself in in perpetuity. But as these AI platforms and agencies keep developing, the the economics just don't make sense. Right? And we're seeing this across the board. OpenAI and Probik have risen their prices. Copilot just shut down their subscription plan and made it deeply, deeply expensive for any retail user to use. Google's Gemini is becoming more and more expensive to clear their... They made a whole ID. It just doesn't work. Right? So we can't figure out the cost economics until you can run AI locally. And that second part, until you can run AI locally, could be another couple of years. So I still think that these valuations are not justified. And I think that when we can run AI locally, it also means that the companies like OpenAI and then project their business model is a huge question because the economics were all around charging for interest. So... Okay. Liquidity is shuffling from crypto into AI. What happens when it shuffles into the stock market, these IPOs, and these stocks don't perform well? And I'm kind of lining this up really for Landy because, Landy, I'm really curious on your take there.
[0:33:24] Landy @CryptoLandy: There is a lot of money that is going to consolidate, and we're gonna see rotation. Everybody always points to global liquidity rising, but we're actually gonna enter, I think, a period of liquidity crunch in the middle of all of these IPOs. And I think this is gonna cause markets... Market structure overall to buoy and stay up, but the... We're gonna keep seeing successive shocks to markets over and over and over again. They're gonna become more and more frequent. I've mentioned this a few times over, but when you're when you're entering a turning... This is not biblical turning, but when you're entering market turnings, especially for turnings in in markets historically and generationally, you start to see that as we progress faster and faster and faster, in this case, AI, space, quantum, yada yada yada, go down the list. Right? You get a bunch of consolidation of capital, and we've seen it in the over the course of the third turning is all of this consolidation of capital, all of this consolidation of resources and companies, and then everything else is dependent on it. Right? We've seen it over and over again. Just think .com bubble, but way bigger way bigger companies and way more fragile, in my opinion, financials that are downstream from it. And I think that we're gonna continue to see IPO after IPO after IPO, and it is going to cause massive rotations and consolidations over time. And it's gonna take a while. While in it, it's gonna seem like it's gonna take forever, but the music will stop and everything will pop. And then we're actually gonna see the decentralization of capital in that regard as everything starts to reform like a weird chopped up amoeba. And I think that as things... And and I don't... I think that we're we're gonna see is the collision of blockchain technology, AI, and all of these other financial instruments all come together after that where where everything's actually mature and probably during the the actual popping of that bubble, which can take a long time. So you have to forgive me if I sound like I've said this a million times before, but it is kinda... Everything that we're seeing is solidifying that take, in my opinion.
[0:36:22] Kantorcodes | โ„ol/acc @Kantorcodes: I I mean, I'll probably just get a lot of slack for this. It's been... That's fine. My my kinda take is that if you're rotating out of crypto so that you can capitalize on these IPOs, if you're planning to invest in a company that's not a chip or at the CapEx level, then I feel like that is a mistake because the unit economics haven't been figured out yet. That... That's what I'm trying to say. And it... It's so silly to see this across the board with these billionaires saying that that's why they're they're exiting. Like...
[0:36:58] Landy @CryptoLandy: Well, Cantor, I mean, what what we're seeing is the tale of two markets. Right? One in a in a bull market that never broke structure and one in a bear market that did break structure, that being crypto. We're going through and we'll continue to go through even in the bull markets. We'll... Obviously, that's when we see most of the distribution. But we're going through a distribution period within crypto, and you're gonna get these opportunists that are gonna go into... They're gonna drop everything here to run over there. And, realistically, the underlying motives are are to to chase for the future even if they lose in the present. Right? So let's say they they get underwater in an IPO that they're chasing. Even the big boys will get underwater. But you gotta remember, they have ways in which they they can exercise capital and losses and all kinds of stuff to get made whole again, and then round right back into this side of things. So any OGs that are jumping ship right now in Bitcoin and the crypto space, one, they're proving that they do not understand actual value hunting. They don't understand buying discount, and they probably never understood it. And that's likely because the market has been so kind. You don't go up 410000000% versus gold. You don't go up that... About that same amount versus equities and everything else, every other asset in history. And I'm just talking about Bitcoin. You can take a look at some other cryptos that performed even better over a shorter period of time, although they have since corrected. But you don't go up that that far that fast and actually learn that much if you're just holding and if you are truly lucky. But if you were playing the markets and you understand that the cycles are still cycles and there still needs to be distribution done. And until we're sufficiently distributed in terms of holdings, especially for something like Bitcoin or many other networks that still operate in that way, you're going to see that they're going to jump ship to chase. They will get wrecked. They will be back. And I think that you're right. I think that it's stupid what many of them are doing, but I want to see them get wrecked. So go get wrecked. Thank you. Buy the tops because they're acting as my exit liquidity in traditional markets, so thank you. I'm hunting opportunity here.
[0:39:37] Dave @DCBK2LA: Let's go... Alright. Let's go to Taj. Taj, what's up, bro? And then we'll go over to Empress with the global transition over to Hype.
[0:39:44] Voice F: A lot was said. Since I raised my hand, I almost forgot what I was gonna say, but I I did catch on the last part that I was gonna make about AI. But before I say that, I'll just say the amount of people that are in the room, those that have commented and and and reposted to get more people in here and get the conversation even hotter, it's kinda sad. So really appreciate it if you all do that. It would help out everybody on the stage. But with that said, the AI conversation. Right? So as far as Google, Google's actually... Or Alphabet, if you will, one of the more interesting place to me because everyone else pretty much picked a lane in which either they're going the OpenAI, Anthropic route where they're depending on subscriptions and fees and all that stuff. And Microsoft, it looks like they're exiting that game. But I would say the other hand is, like, the... What you see, like, a lot of the Chinese AI companies, which are doing... Like, they're they're doing these open models where they just put out the code, let you do whatever you want, bring your own compute, your own hardware, or whatever you want. Just like, here's the code, here's the infrastructure or the the shell, if you will, then customize it how you want. But Google's actually doing both. So, like, they have Gemini, which we just spoke about, and probably everybody on the stage already knows. Like, honestly, they don't have to make any money with Gemini as long as people are coming to their ecosystem and they make money from everywhere else with the corporate emails, etcetera, etcetera. But they also have, which I'm probably pronouncing it wrong, but Gamma, which... Or Gemma, however you pronounce it. That is the Chinese kind of open source model, like the OpenClaw type of thing. So not just Chinese, but you know what I mean, where it's not requiring the user to actually have a subscription. And I was thinking about it. It's like, why would they do that when I thought the whole thing was coming to the ecosystem, we'll give it away for free, and we don't really care if you pay the monthly fee or not because you're gonna pay the enterprise per user of employee that you have. But then I was like thinking about it even deeper, and I was like, you know what? Like, when they're giving away the open version, which is literally the same thing, you know, as far as like power wise, why would they give that away for absolutely free? And it's like, okay. If this thing is tailored to work with everything within their ecosystem, even if you're an enterprise that realizes, hey. You know what? Getting tokens or paying a subscription at this point, we're scaling up too much. That doesn't make any sense. Let's just get our own hardware and you go with with their open source model. Well, it's so tailored to go with everything else, so you're still gonna stay in the ecosystem. But I just find that really interesting where everybody else is kind of picking a lane to stay in, but for whatever reason... And we'll we'll see if this comes back to bite them in the end because, like, for example, completely different industry, but see what happened with, like, the Xbox and, like, the Game Pass. Yeah. It saved the console, but it also killed their business model too as well. So we'll see how this goes. They're playing in two lanes at the same time. And hopefully, in the long run, if anyone holds stock or, you know, is really interested in following that company, I think that's one really worth watching to see how these two arms of their AI play... Plays out. And as far as how investors go and, like, these IPOs and so forth, honestly, like, it it... It's it's like picking your crypto. Like, you're you're looking at fundamentals. You're looking at sentiments and all this stuff. But at the end of the day, who really, really knows? You know what I mean? So that's all I want to say.
[0:42:57] Dave @DCBK2LA: Copy. Alright.
[0:42:58] Ryan @Rlad1776: Hey, Dave. Before you transfer to hype, can I just say one thing? If you are not in any of these IPOs on the primaries and secondaries already, you are late. Okay? Like, that's the one thing I wanna just make that x... I wanna make that so glaringly clear to everybody. Like, are no OGs selling Bitcoin right now to get into the IPO on Robinhood. K? They've been in primaries and secondary. They are waiting for the lockup, and they are going to dump on your head. So just understand that. Like, the... There's a nuance there in the conversation Landy and Cantor were having... Or Cantor was having. Very, very, very, very, very important. Okay? Do not sell your Bitcoin to get into one of these IPOs right now. You gotta go find some money in your cushions, maybe use that, but don't sell your Bitcoin to get in here. You're late. You're already late. Because my...
[0:43:55] Dave @DCBK2LA: Me and my dad said, hey, man. Bitcoin's at 62,000, 63,000 now. He's like, you wanna sell the Bitcoin? So you're saying I shouldn't sell the Bitcoin to be like that? I'm selling the Bitcoin full porting into SpaceX. You're saying no good?
[0:44:10] Ryan @Rlad1776: I told you what you do there, Dave. Tell him... Show him how smart you are or how smart you can represent based on other people's information, and let him know that you sold it. It takes tax off... Tax loss, and you're going to buy in lower and then ride the wave up because there's no wash sale yet.
[0:44:30] Dave @DCBK2LA: Right. What if I just, like, sell the Bitcoin and put it all on the NICs on CalSheet to just win the whole thing? And then I could just, like, double my money real quick and then buy double the amount of Bitcoin. Please
[0:44:42] Ryan @Rlad1776: livestream I'm so sorry. This shit.
[0:44:44] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I had fallen asleep. Oh, man. I forgot I was here. Crazy. What's that?
[0:44:50] Dave @DCBK2LA: See? See? Exactly. See what you guys get. Alright, Empress. Let's go. And just with the the FUD busting on on hype, what are you hearing, and what's the FUD, and what should we be aware of?
[0:45:02] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. Let's... I mean, you know me. I'm gonna be pragmatic. So there is some legitimate concern, and there are some super bullish things. So bad first. Right? We'll go that way. While you guys were, I don't know, pontificating about something. I pulled a couple of tweets. K? So people are a little panicked about the CME group. Again, that's gonna be Landy's Lane because I just don't care. They're. But... And then putting that up top, there's an extensive article kind of about what the bear case is. Right? So people can be informed as to what that is. As much as I hate it, it's something that I'm still being cognizant of at all times. Read and react on your bags no matter how much you love them. But... So do that. Get knowledgeable. Know that that's there. That said, Grayscale wrote an excellent response, also putting it up there. There's gonna be a bunch of tweets in your nest. Get over it and cry harder. Thank you. So that's there as well. And, also, super bullish and what a lot of people don't know and something that I didn't hear in any of these spaces where all the KOLs dump their airdrops and pontificate about Hyperliquid in a coping way Hyperliquid created the policy center. Right? So a lot of this inflow of funds and ETFs and everything else was because Jeff came from Singapore, hired a crack attorney and then the whole team, and there's a whole policy center in DC that is writing out... Writing with people the legislation. So, like, it's... Yes. Bad that the CME group is getting in there. Bullish otherwise. Oh, I don't know where the policy center thing went, but let me grab it real quick so people can take a look at that. There we go. I might... Did I put it up there? Maybe I actually put it up there. I did. But here's another explanation. So that's that's one thing that I think people should be cognizant of. I think that there are enough counterpoints. But, again, we live in a corrupt country with a whole bunch of rich guys, so maybe CME Group can able to do something that will be shitty.
[0:47:31] Dave @DCBK2LA: Empress Ryan.
[0:47:32] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Questions there?
[0:47:33] Dave @DCBK2LA: Ryan actually said a couple weeks ago, he said that Hyperliquid might actually take over... Or what what did you say, Ryan? What what was the call? He said it's gonna be bigger than than Coinbase. And we... Or he said he's gonna take over or buy out. What what was the what was the call?
[0:47:49] Ryan @Rlad1776: I I... Somebody was pontificating about, you know, something, and I said, you know, tongue in cheek, of course, but don't be surprised if Hyperliquid doesn't get to the point where they just maybe make an offer on Coinbase. Right. I mean, they they... They're they're transacting, what, three to five x more volume daily than Coinbase was or is?
[0:48:16] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I have a I have a different theory on that.
[0:48:19] Ryan @Rlad1776: Well, I... That's fair, but I'm just I'm just saying, like, I... I'm hyper liquid maxi. Like, I believe in it. I've been in since '21, and I got per at $3.85, so I'm loving it.
[0:48:32] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. And you might agree with my theory. I think that... I I had already anticipated Coinbase because they're a monster. And to be fair, I believe a monopoly. When regs roll in, they're they're gonna get broken up. But if you can't beat and join them, and I've been really paying attention, scraping pseudo allegedly wouldn't admit it really, the GitHub that's behind a closed gate because you only see the Gitbook. And with the USDC circle move that Coinbase listed treasury for, and I ran a report that I can put at the bottom for it. I think that what we might be looking at, because we have an issue with our VPN front end, I'm thinking Coinbase might build a front end and be in bed with Hyperliquid, and that would help us cut through some of the regulation piece, from some of the endpoints and things that I have seen. So I think that's super bullish. I think that if anybody can kinda smooth the way in addition to the policy center, I think Coinbase is a way to get in. And I'm saying that, Landy will tell you, proof that I just am trying to make money because I hate Coinbase with the fiery passion of a thousand suns, but nonetheless willing to do that to, you know, win on some level. And What do think, Ryan?
[0:49:56] Ryan @Rlad1776: But Emperor Emperor, didn't didn't they didn't Hyperliquid submit registration to the SEC for listing here in The US so that the VPN no longer needed needed to be used and that's pending?
[0:50:11] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: So it's complicated. I don't know what in... Again, more like Landy's Lane, and I and I will put the report at the bottom. But the... It's an AQAV two design treasury deployer that relies on Circle and Coinbase. So, Landy, do you know more about that partnership or how to articulate that whole thing?
[0:50:35] Landy @CryptoLandy: Yeah. It doesn't actually... So in in regards to what Ryan is asking, it doesn't have an effect. They they
[0:50:42] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: But they haven't done it to my knowledge is what I'm saying.
[0:50:44] Landy @CryptoLandy: No. They haven't. But, also, the reason that they haven't is because it's not gonna move the needle. There's some key points in one of the first posts that that is up here from Empress that is very, very important to understand, and this would be the path to them trying to get exposure to the The US markets is what they want. Right? And they they can operate offshore, but The US markets is what they want access to. Right? Because we already know that everybody's VPN ing over there. So the simplest, easiest, most effective way is to go after Coinbase or joint forces. Right? Because none of the... Because then they get to have their cake and eat it too. Because then they can have access to The US markets. They can they can sync with Coinbase either as a joint partnership or as a subsidiary and have cross listings over to their platform. Because the the way in which the regulate... The regulatory bodies are approaching this right now and preparing for clarity would demand that they break things up in a way that I don't think they would like to do right now. I don't think much is gonna matter. They can apply. I can tell you that even if they get federal approval to operate here in The United States, it's gonna be battled at each and every state level. So there's... And and trust me, part of that is because of the already existing US based centralized exchanges applying a ton of pressure in different states. It's got nothing to do with what hyper liquid does or doesn't do. Has everything to do with the politics of money here in The United States
[0:52:38] Ryan @Rlad1776: Okay.
[0:52:38] NatNat @Natnatx007: As it relates to the
[0:52:39] Dave @DCBK2LA: next players.
[0:52:40] Ryan @Rlad1776: Just just primarily politics. That's it. And and who's donating to who and yada yada yada.
[0:52:45] Landy @CryptoLandy: Not not even that, bro. It's about who who can make the money. So which states am I in the in the good with? And, therefore, am I good federally? Am I good in these states? Can I get all the states? Right? That's all they really want at the end of the day. And remember, most all... And every single American exchange has all the states already. They don't want a hyperliquid encroaching. Therefore, hyperliquid has to be hostile in my opinion. And if I were them, I would be the most hostile, evil, vile, and go and take out mister Baldilocks. And that's what I would do.
[0:53:17] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I don't
[0:53:18] Landy @CryptoLandy: think they're set that.
[0:53:22] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I put the report up top to me, and, again, more your arena, Landy. But to me, it looks like alignment and getting in bed with, which while, yes, they could be vile and everything else to your, to the other point, if it is gonna be a state by state thing, I'm pretty sure something similar happened between Coinbase and Binance, and Coinbase whipped Binance. So it it definitely could be beneficial in that rate as well just to get in bed with them. That report's pretty intensive. Not everybody's gonna understand the partnership aspect. Landy will attest that I have been psychotically stalking hyperliquids, so I have a little bit different understanding of things that going... Are going on. But to sum it up in general, it's like picture a infrastructure for government policy, and all the big players are there. We've got Anchorage. We've got the treasuries. We've got USDC. We've got... Circle is USDC. We've got Coinbase. It's just... It's a lot. It's all broken down right there. And then I also... At the bottom of it, there's kind of a breakdown breakdown of some of the wallet clusters of these entities and how they're moving in general. So it's kinda helpful in that way. If nobody else has a question on that piece, of course, correct another narrative. Oh, by the way, that's my fuck
[0:54:47] Landy @CryptoLandy: you. Continue.
[0:54:48] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Hold on. That's my fuck you to... Somebody left who said that I was exaggerating months ago when I said it was the intersectionality of trad fi and div fi. So fuck you. Anyway, carry on, Lanti.
[0:55:01] Landy @CryptoLandy: I was gonna say that here's what I would do if I were them, is I would utilize vaulting user funds and my own funds to to buy up as much of the Coinbase stock as I possibly could so that I could apply pressure to them through various ways to join forces or hostile takeover. That'd be pretty tough because of the position that Brian is in with Coinbase and shareholdings. But I would warm my way in and utilize every bit of leverage that I possibly could because one of the things that that Brian and Coinbase have done very, very good over the years. And for people that don't know mister Baldilocks, he's he's behind the BSB stuff. He's behind the big the big forks in Bitcoin and the block wars. He's behind all of that, including all the minor crap that was going on in Asia and all kinds of stuff. So he's he's a shark, and he will shark you at every moment that he can possibly get, which is what he's trying to do with the banks. So he's got big britches right now. But the easiest way to cut his legs out from under him is to partner with everybody else, start doing issuance with all of these bigger players that wanna do private inch... Issuance of stablecoins, pair it all with their stock and start hoovering it up, and then vault that thing and start applying pressure to them to either join forces or kick rocks because we're gonna take you over. That is the long tail of something like that. I just wanted to add that in there because I think what you're gonna see in the coming years is a really nasty fight with all of these players while Binance just watches it all play out before they start to enter the market because they're waiting in the wings.
[0:56:50] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Up there is also an explanation from Jeff about what he was doing over in Washington. Other bullish things. This is the current buyback situation that is going on. 3,080,000 continues to be bought back through the program. I think that's really, really awesome in general. And then I just wanted to say because I know Hyperliquid can be intimidating for some people. I still suck its perps. Can't do it. Hate it. Whatever. So currently, for me, and I'm not compensated everybody up here. I'll tell you this. I'll... I'm just letting you guys know what I've been doing. I swing back and forth between the liminal yield token. So I put that up top, and then I go to Volantis, which just put out a new front end, and I'll put that up top. And so I... That's... Volantis is a staking hype thing. And I sometimes I'm swinging really tight, even, like, $2 just incrementally growing my bag overall. And then if I'm borrowing, I'm using HyperBeat, and there are really exciting things going on with the crypto cards, which I love. I think I've talked about it briefly in here before. Crypto cards allow you to borrow against your own collateral and be in control of your own debt. Cole, did you wanna say something?
[0:58:29] Dave @DCBK2LA: Oh, cool is hot mic. Hold on. Let me see. Yeah. I can't. Cool. Cool. There you go. He's good. Sorry. Go ahead.
[0:58:39] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: That's okay. The dashboards are all the rage over in Hyperliquid. Most people are building their own. That said, this is the top portfolio tracker for anybody who is looking to look into things and find out more about the ecosystem in general. This is too good to be true, and yet it is true. The, polls for Nest, you can look at those stats. You can look at, their claims that they're giving of hype and their APR for the polls. And I shouldn't tell any of you this because the APR will go down and you'll invade and I'll be annoyed. But nonetheless, that's there. And I think that kinda should just... Oh, one more thing. This is... And it's not all hyper liquid, you'll notice. But if you look in the comments, this is hyper liquid. We'll do that first. These are some other protocols that I've been using and wallets and things like that for minutes. So things that I think you can trust, fairly certain. Obviously, if you get wrecked or screwed over,
[0:59:44] NatNat @Natnatx007: it's not at fault.
[0:59:45] AlphaGamer @AlphaGamer_sats: Empress. Empress, what was the total revenue number for the fees generated that was... That went back to high
[0:59:53] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: quality?...
[0:59:54] AlphaGamer @AlphaGamer_sats: $0.08. That's kinda the only number.
[0:59:55] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: No. 3.08. No.
[0:59:59] AlphaGamer @AlphaGamer_sats: Yeah. 3,000,000?
[1:00:00] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: No. No. No. That's the buybacks.
[1:00:02] NatNat @Natnatx007: Just
[1:00:02] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: the buybacks. Just the buybacks.
[1:00:04] Ryan @Rlad1776: They did they did $1,313,000,000,000 last year with 11 employees. Approximate.
[1:00:11] AlphaGamer @AlphaGamer_sats: 13,000,000,000, what, for 2025?
[1:00:15] Ryan @Rlad1776: Oh oh oh, it's a running twelve month total. Yeah.
[1:00:19] AlphaGamer @AlphaGamer_sats: Running from... Okay. Thank you. So 13. Okay.
[1:00:22] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. It's a and that's math and maybe... All I know is buybacks. Maybe that's not even the number you're asking about because you know me. I don't know.
[1:00:29] Ryan @Rlad1776: No. No. He's he's he's asking for revenue generated or or prop... Are you asking for profit or revenue?
[1:00:36] AlphaGamer @AlphaGamer_sats: The the revenue. Because I'm trying to I'm trying
[1:00:39] Ryan @Rlad1776: to about 13,000,000,000 for 11 employees.
[1:00:41] AlphaGamer @AlphaGamer_sats: Okay. Yeah. Because I'm trying to justify... Like, I'm looking at this, you know, for for... You know what I'm saying about Ryan. I'm looking at the numbers.
[1:00:50] Ryan @Rlad1776: Yeah. And one thing I'll just add, I'm not a shield for Hyperliquid either. I just... Like, I'm a I'm a business model guy. Like, is the capital formation there? Are you profitable? Are you making money? Do you have a path to profitability? Can you make exponential money down the road? The one thing that people aren't, I think, maybe not focusing enough on is, and the ticker's PUR, P U R R. Okay? It's hyperliquid strategy.
[1:01:23] Ryan @Rlad1776: It's US, representation, I will say. And if you look at the management team, they're all made up of TradFi guys and experienced guys with connections, all in capital finance and... Or all in in in capital markets. And so that is the that is the sleeping or or this, I don't know, the silent kind of in here. Okay. Hyperliquid with hand running that overseas, they've got a long road to hoe, but I think Hyperliquid strategies is paving the way. So that's just my opinion.
[1:02:02] Voice F: Quick question on the... Kinda going back to, like, a point that you made earlier. But when you're talking about Coinbase, if if I heard you correctly anyways, you said they're fighting having antitrust stuff as far as, like, being a monopoly. Could you give a little more about that? Because size alone shouldn't, you know, put them into jeopardy in that way. So, like, what are they specifically doing that you know of that would red flag them and cause all of that to really be viable as opposed to just a threat because of their size?
[1:02:38] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I didn't mean size. And, again, total speculation, and I'm not the trad fight girl. I just... I don't think that people quite understand how... What chains and how deep Coinbase is, how much they own. It seemed... They're they're everywhere all the way around, and it's pretty, a box out thing when you realize even, like, each wallet that they're involved in and things like that. So I just... I anticipate there may be some problems there if they don't play nice with certain people that are coming in. But, again, that's just speculation.
[1:03:16] Voice F: Oh, got you. Yeah. Because the reason why... Because it kinda was like, Is this something that kind of went off that I didn't necessarily pay attention to? Because for me, like, personally, like, if so... If I was Armstrong and, like, I was called up with antitrust, the way in which I would argue it is position myself as just a financial firm. And in the grand scheme of things, I I I know, like, us that are in the rabbit hole this side, like, we see their side, especially in The US. Like, honestly, outside The US, Coinbase is fairly irrelevant. They're just a... What makes them so big, if you're outside The US, is the fact that you're seeing that they're the custody for all those things, and that's what skews their numbers. But compared to Binance, like, globally, they're pretty irrelevant. Like, they're they're more so a custody than anything. But as far as, like, their user base, all that stuff, Binance is just huge. So I would even... If I were them, I'd argue, well, first of all, on the grand scheme of crypto, we're nothing compared to Binance. But as a custody of assets, if you look at assets under management by, like, all these other financial institutions, that's how I'd argue. And then as far as, like, the wallets and the integrations and so forth, be like, hey. Look. We offer great tech. Anyone can use it, or they could do whatever it is. But, again, speculation is how I would argue... If I was argued. That's why I was like, I wonder if that's really a thing that's growing because I I I see ways in which they could sidestep everything kind of like how them encircle with the whole thing with where's quote, unquote interest slash rewards coming from and so forth, and they kinda sidestep it, work their way around it, maneuver and point fingers in that way. They could do that for where there is some, like, regulatory issues. But as far as, again, just size wise... And and the other thing too that I could say, this is going way back, dates me, but when SiriusXM merged together, they're like, well, you can't have the only two satellite providers merging together. You'd be this massive satellite company. And the way they argued that was like, we're we're in a radio company. We're competing with radio. And then when you look at that as a TAM, it's like, oh, they're pretty much irrelevant. Let it go through. But, anyways, that's just how I'm seeing it. That's how I'd argue it personally if I was them and their lawyers and they have way more money and way more bigger brains than I do. So but we'll see how it goes.
[1:05:21] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: And they may not win, and it may not come to that because they're already starting to partner. But if you dominate a market and you were able to keep finance out of Oregon because you cock block them on the thing, it's different when all the regulation rolls out. But I I didn't say they would lose necessarily. They just are also obviously, since they've been at every major regulation thing over in DC, you know, one of those special interest groups that does the things. So who knows? Put up
[1:05:51] AlphaGamer @AlphaGamer_sats: Empress is is Per a meme coin on the actual hyper liquid chain?
[1:05:57] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: It... It's... So Barclays former executives, they... I can grab David Seamus' thing. It's it's a beta play over the hype, and it's down right now, so it might be a good entry. But a lot
[1:06:11] Kantorcodes | โ„ol/acc @Kantorcodes: of No.
[1:06:11] AlphaGamer @AlphaGamer_sats: No. But but but is it is it a meme coin? Like, on... You know what I'm saying? Like, it... Or is it or is it is it is it its own separate... Because, you know, like, what was that meow on Solana? Right? It was like a cat meme coin, but then it kinda turned into its own thing. Is it is it like that?
[1:06:29] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. I think... Yeah. I'm pretty sure in general.
[1:06:32] NatNat @Natnatx007: Oh, okay.
[1:06:33] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. I mean, the the bigger beta play is is Kinetic, of course. But, again, you gotta get in... If it... Like, for people who are doing... Who are more financially savvy and TradFi, like, taking a look at that report I put there, but also doing the due diligence on who is in these validators and who's holding will give you a better scope of what's going on over there because you're looking at Nansen, you're looking at Kinetic, you're looking at... Anchorage has validators. So if you if you look into the validators and who's holding over there, that'll also give you a better idea of the players. And up top is the guy in charge of... So it's called the hyper strat, David Seamus. So you can check out his account for per.
[1:07:26] Dave @DCBK2LA: Does that help? Yeah. But is it... But the per on the TradFi side is what, Gimmer? Like, that's the that's the hyperliquid, like
[1:07:36] AlphaGamer @AlphaGamer_sats: Well, well, that's... Well, that's... I guess that's what I'm trying to get at. I'm I'm trying to connect,
[1:07:40] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: like, a difference. You have to ask. Right.
[1:07:42] AlphaGamer @AlphaGamer_sats: You know what
[1:07:42] NatNat @Natnatx007: I mean?
[1:07:42] AlphaGamer @AlphaGamer_sats: Like, is this the same... Like, are these connected? Right? Like, is the per Travy connected to the actual Hyperliquid? Like, are they actually the merger of the two?
[1:07:53] Dave @DCBK2LA: Yeah. I think it's the... Is it the... Ryan, Landy or anybody... And you guys know, like, isn't it, like, the digital asset treasury? Like, aren't
[1:07:59] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: they the ones that
[1:08:00] Dave @DCBK2LA: going hype?
[1:08:01] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Frozen just said. Frozen says it's a DAB. Yeah. Yeah.
[1:08:03] Ryan @Rlad1776: Yeah. It's a DAB. Yeah.
[1:08:05] Dave @DCBK2LA: It it
[1:08:05] Ryan @Rlad1776: it... Absolutely weird. It's a DAB.
[1:08:08] Dave @DCBK2LA: Okay. Okay. Cool.
[1:08:09] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Again, I I... Everybody knows I'll never come up here and claim that I know more than I know. I just click buttons. I'm a degen.
[1:08:16] Ryan @Rlad1776: Yeah. It it it... It's a DAT, and their philosophy is to use proceeds from the investment into per to buy back and burn tokens at an aggressive... You know, in an aggressive way. And that's what they do. Thereby...
[1:08:37] AlphaGamer @AlphaGamer_sats: Wait. Wait. So so they're they're accumulating their own per token? Like, their own per meme coin and not hyperliquid?
[1:08:46] NatNat @Natnatx007: They're It's not a meme coin, though.
[1:08:47] Ryan @Rlad1776: No. They're accumulating hyperliquid. Right?
[1:08:51] AlphaGamer @AlphaGamer_sats: Oh, okay.
[1:08:52] Ryan @Rlad1776: Hyperliquid's the base, and they are accumulating that and burning that. Right? You got me, gamer?
[1:09:03] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: There is a meme coin. Don't buy the meme coin.
[1:09:07] Dave @DCBK2LA: Yeah. Exactly. There's two there's two...
[1:09:09] AlphaGamer @AlphaGamer_sats: Oh, okay. Yeah. Because I
[1:09:10] Dave @DCBK2LA: looked it up.... Distinguishing. Yeah.
[1:09:12] AlphaGamer @AlphaGamer_sats: Yeah. Maybe I was getting I was getting confused. I'm like, wait a minute. Is this
[1:09:15] Ryan @Rlad1776: is this a
[1:09:16] AlphaGamer @AlphaGamer_sats: separate scam? Like, a scamper coin that I'm looking at?
[1:09:19] Ryan @Rlad1776: Yeah. It... Well, I'll tell you what it is, and and I'll be quick, Dave. I promise. If you go out onto Hyperliquid, honestly, if you go out into a number of these, DeFi platforms, you can find, like, Ceribis. Right? Before that went pub... IPO'd, there was a Cerebus token that launched on, I I think it might have been Hyperlikbid or one of the other platforms. And what they did, they launched a week to ten days early, and they used it for price discovery. And it's amazing. Like, the day before Cerberus IPO'd, that token closed at, like, $7 less than what Cerberus closed at the day before. You can see the same thing with SpaceX that's going on right now. They're using it as a test to see what the, ultimate value will be on the particular token... Or, I'm sorry, on the particular IPO of that new launch. It's it's kind of a wacky thing, but it's it's pretty interesting to see. Now there's only a couple of examples of it, but, you know, I think it's something that needs to be watched closely because it gives some alpha if this continues to play out this way. And if the closing price of an IPO closes within, you know, let's say, five to 10% of the token price the day or two or three days before the IPO happened, like, you can almost predict where that IPO is gonna close. Now, again, there's only a couple of examples, so it's it's speculation at best right now, but it's something to watch. You're gonna see an Andoril token. You're gonna see a OpenAI token. You're gonna see an Anthropic token. You're gonna see you're gonna see all of them. You're gonna see Databricks, Revolut. They're all gonna be out there, and they're using it to determine, you know, to to see where water seeks its its, you know, highest level.
[1:11:28] Dave @DCBK2LA: Fair. Okay. Good shit.
[1:11:32] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Almost done.
[1:11:33] Dave @DCBK2LA: Yeah. Go ahead.
[1:11:35] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I also put up top the...
[1:11:37] AlphaGamer @AlphaGamer_sats: Real quick. Mhmm.
[1:11:40] Dave @DCBK2LA: No. No. No. He's just saying real quick because we make fun of Landy. He says... We said almost done. Landy says that all the time, then he goes real quick. And then he takes us to the end of the show normally, like, for, like, sixty seven minutes. But
[1:11:50] NatNat @Natnatx007: go ahead.
[1:11:50] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I can shut up at any time. You can go blind.
[1:11:52] Dave @DCBK2LA: No. No. No. Dude, I'd have
[1:11:54] Ryan @Rlad1776: you here until 09:00 tonight. You didn't miss tomorrow's game.
[1:11:58] Dave @DCBK2LA: Yeah. Yeah. Yeah. You're good, Em. Go ahead.
[1:12:00] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: On top are some of the protocols that have survived. There have been quite a few have sunset. I don't believe that's indicative of the chain. I believe that the builder codes, it's indicative of oversaturation at the time. So those are some of the viable trusted teams that have been here for a minute, and I suggest checking them out. To anybody in the listeners who's curious about how to get over on anything, whether... Even if you wanna buy per, I use dbridge... App.dbridge.com for most things. And finally, because I am not a Maxi, I am never a Maxi. I'm absolutely a cross chain hoe. I'm gonna put up there my... What I'm holding currently because it's interesting. But I went and ran a report on the dinosaur chain... Dinosaur coins, and believe it or not, XLM and Algorand came up. So I'll put my little road map of what I've been doing over there as well with my hyper liquid map.
[1:13:09] AlphaGamer @AlphaGamer_sats: Algorand. So you're a Gary Gensler
[1:13:12] Dave @DCBK2LA: supporter. Algorand.
[1:13:14] NatNat @Natnatx007: Do you
[1:13:14] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: wanna know the best part about me? I don't know anything about that damn coin other than I ran a report, and it said Google thinks that it's quantum resistant and that it's projected to go up at whatever else. And I'm not a baller yet, maybe someday. So I bought a Hail Mary bag because it's a bigger bag for a lower price than I have other places. So it's just kicking it.
[1:13:38] NatNat @Natnatx007: Wait. I love that. I've been in Algorand for a minute. Also Did they already come up?
[1:13:43] Dave @DCBK2LA: As quantum resisted, it didn't come up?
[1:13:48] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: No. Actually, it didn't on that report. But No problem. It came up on a different one, and I went to go buy it. And I gotta tell you something, what a pain in the ass. I gave up. I won't lie. I was gonna buy HBAR, and I'm like, I don't... This is... I think I tried, like, six times. I said, nope. Fuck it. We've all... I'm going more XLM and Algorand.
[1:14:07] AlphaGamer @AlphaGamer_sats: Where where is the soundboard? Where's the soundboard, Dave?
[1:14:09] Dave @DCBK2LA: You know you could buy it on Coinbase. You know that. Right? I know how much you love Coinbase.
[1:14:13] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Oh, you mean that thing that you KYC on and sell your soul or, you know, send your whole KYC to get a pizza coupon? Yeah. No. I'm good. Yeah. Thanks. Thanks.
[1:14:21] Dave @DCBK2LA: Yeah. Yeah. Yeah. Yeah. Love pizza coupons. Natalie, you hear this? Yeah. There was too hard to buy. Well
[1:14:30] AlphaGamer @AlphaGamer_sats: She gave up.
[1:14:31] NatNat @Natnatx007: I know.
[1:14:32] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I I made legitimate efforts. As as a degen, I... I'm, like, I made legitimate efforts, and it was yeah, there... I... They sent me to some site. The site said we're we're discontinuing this. They're... I've tried to use SimpleSwap. They're like, that's not an actual address. It it was a whole clusterfuck. I can't.
[1:14:50] NatNat @Natnatx007: You can download the the Hashtag wallet and buy a bar directly on the wallet. You don't have to KYC.
[1:14:56] Dave @DCBK2LA: Just talk just talk to booty wax
[1:14:58] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: down That's how he said.
[1:15:00] Landy @CryptoLandy: He knows that.
[1:15:00] NatNat @Natnatx007: It's a wallet. Yes. And you can do cross chain bridges on the wallet now. Yes. You can.
[1:15:06] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Okay. Because I couldn't do anywhere, and it hurt my head. But now I'll check it out. Alright.
[1:15:12] NatNat @Natnatx007: If you run into any more issues, let me know because you're not... We've... This is a feedback that we've received time and time again. So I know there are certain projects, like, failed behind the Hashback wallet that are making them... Making it a mission to simplify the process across the board. Right? So now you can buy HBAR directly on the Hashback wallet. You can cross chain, swap, do whatever you need to do on the wallet, and it's supposed to be really simple and easy to use as well.
[1:15:38] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Where where is that wallet, though? Because I also went to the site and... Yeah. I don't... Where's that wallet?
[1:15:44] NatNat @Natnatx007: Hashtag wallet. Hashtag. I'll send you the information. Thank you.
[1:15:48] Dave @DCBK2LA: Referrals. Let's go.
[1:15:50] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: But my cute little hyper liquid map up there is kind of an idea of what I'm getting into and screwing around with, just FYI.
[1:15:57] Dave @DCBK2LA: Anyone wanna know what I hold? I'm not saying I'm happy with my plan. I'm just saying. Oh, wait. Do you still have one of these hyper NFTs? These, like, super expensive ones you fancy ass?
[1:16:08] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Bro, would I make my own ghetto customized one if I had one? I didn't have one of those. Are you kidding? Although, to be fair, I might make my own ghetto one because I woulda flip that. It would have been the smart thing to do.
[1:16:21] Dave @DCBK2LA: Mhmm. Are you also attempting to eat on my space at this very moment and talk at the same time? Mhmm. Mhmm. Okay. Uh-huh.
[1:16:31] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I came in, and you were singing bad metal.
[1:16:34] Dave @DCBK2LA: No. No.
[1:16:35] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: No. And honest to god, I...
[1:16:37] NatNat @Natnatx007: As a mom......
[1:16:38] Dave @DCBK2LA: She just finished.
[1:16:38] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: You know what I did? I literally walked out of the room, saw on the table the kid left one of those mini donuts, and so I was like, oh, that's mine. And I took the mini donut. I'm not gonna lie. That's what happened.
[1:16:51] Dave @DCBK2LA: Alright. Good stuff. You guys literally just got the full hype breakdown. It's pinned to the nest with, like, 700 posts. Thank you, empress, for the full breakdown, so that everybody can now... I'm serious. Can now be way more buybacks and burns.
[1:17:06] AlphaGamer @AlphaGamer_sats: Look at
[1:17:07] Dave @DCBK2LA: all this stuff, man. Like, this is... You guys got a lot of resources over here. So if anybody comes up in here and says, I don't know. Hyperliquid, what? Uh-huh. You heard it here. You got
[1:17:16] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Just bookmark the tweets. It's obviously a lot of stupid information, and I spend all my time saturated in it. But just bookmark the tweets, and then you can go check it out. And if you're one of those people that goes to one of these KOL stages, take this shit with you up there and tell them they're stupid and to quit coping. Thank you.
[1:17:34] Dave @DCBK2LA: Yes. Quit coping. Exactly. Alright. I got I got, like, five, ten minutes left before dinner time, but my, god, my Spencer Pratt prediction is obviously not working out on
[1:17:51] NatNat @Natnatx007: Spencer Pratt. Was was he in some kind of m... MTV show back in the day, or am I confusing him with somebody else?
[1:17:57] Dave @DCBK2LA: Yeah. Yeah.
[1:17:57] NatNat @Natnatx007: Yeah. Oh, that's the guy. Oh my god.
[1:18:00] Dave @DCBK2LA: Okay. That's the guy. He was running for mayor of LA. And, like, the primaries were like, this dude is crushing everybody else, and then out of nowhere, it's like, oh.
[1:18:07] AlphaGamer @AlphaGamer_sats: Spencer Pratt.
[1:18:09] Dave @DCBK2LA: Bro, what is going on? Landon, what is going on in your state, bro? Like, why can't we just have a fair election? You're a poll worker.
[1:18:17] Landy @CryptoLandy: I'm more than a poll worker, actually. In fact, Can
[1:18:21] AlphaGamer @AlphaGamer_sats: you do the splits?
[1:18:21] Voice F: What? I
[1:18:22] Dave @DCBK2LA: am. He's a poll worker.
[1:18:25] Landy @CryptoLandy: But... No. Look.
[1:18:29] Landy @CryptoLandy: What the the the issue is that all of these late votes that are being counted, well, they just so happened to not be going to him at all seemingly, which is weird. Never seen that before. No. Of course, we've seen that before. We see that all the time here. This state is entirely broken when it comes to its voting system to the point where they've now lost Nate Silver. When you lose Nate Silver of all people, when that man is like, this is not a good thing that's happening in California. This is weird. This shouldn't take this long. Nate Silver is is one of the premier pollsters in in The United States and...
[1:19:12] Dave @DCBK2LA: Oh, he's fellow poll worker. He's a fellow
[1:19:13] Landy @CryptoLandy: poll He... He's a pollster. That's that's somebody that watches the poll workers and then aggregates
[1:19:21] NatNat @Natnatx007: the return. He's watching. Okay. He's a watcher. Okay.
[1:19:24] AlphaGamer @AlphaGamer_sats: So the drink? The drink in the van?
[1:19:27] Landy @CryptoLandy: What what you gotta understand is, like, you could tell that you're losing him because he was at eleven, and then he saw money in. Then he put money on the stage, and then he took it off, and now he's, you know, reversing course. So... Wow.
[1:19:38] AlphaGamer @AlphaGamer_sats: He took the money off the stage. It's yeah.
[1:19:41] Ryan @Rlad1776: He's a pollster while watching.
[1:19:43] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Yeah. Yeah.
[1:19:45] Landy @CryptoLandy: He's he's working the... Never mind. Anyway, the... Look. The problem here is a very, very bad one in California, and it is... Democrats here know it. Republicans know it. Doesn't matter which side of the aisle you're on. The winners are chosen here, and the people's vote has been very diminished to the point where even local elections are pretty much the fixes. And problem is that there are multiple issues. Many... All of your favorite issues when it comes to what people tend to call conspiracy theories all collide in California, whether it's, you know, ballot stuffing, a bunch of registered voters that vote out of addresses that, you know, are empty lots. There's all kinds of things that you'll see on social media. It's actually way worse than that. Those are just barely the tip of the iceberg. They're not gonna let Pratt win. They're not gonna let him win. And, honestly, it it it doesn't matter because if they didn't want Bass to win or Raman to win or get into a second place, they wouldn't allow it. Alright? And it's the same is gonna go for the governor's race, same is gonna go for the Democrat races. There's other Democrats that have also here got beaten out of their primaries locally that are like, this is BS. And, unfortunately, there is no recourse here because of the way that the state laws are written and the way that election officials officials have to operate. You're you're basically in a box, and there's no way out unless it comes from the top. It would have to come from the Governor's Mansion itself. And and even then, the state the state would would probably rebel against that, or it has to come from the state, in which case, if the governor would just veto it. Right? So there's no movement here, but what you're likely gonna see is a massive fallout. So your Pratt position... Well, we'll see. We're not gonna know until June... July 2 now is when they say... If anything comes in earlier, by the way, and they start declaring things one way or another, whether it be Bass and Pratt, what you'll see is they will... They're leaving themselves room that that can change even if they call it out. Like, even though Rahman actually conceded, she's still now back in it because she's within the margin of Pratt where she could take second and run against Bass. This is this is where even the powers that be don't keep the political... The existing political infrastructure and people who are in their own party in the loop of what they are doing. There's way bigger powers in LA, San Francisco, San Diego, Sacramento than any of the politicians themselves, and they're pulling the strings behind all of this crap. And it has everything to do with how the actual voting system is set up here, which is broken. Fucking nonsense, bro. So crazy. Because he actually had a real...
[1:23:10] Dave @DCBK2LA: I thought he had a real shot, man. He was getting endorsed by everybody. Yeah.
[1:23:14] Landy @CryptoLandy: Okay. Well, here's the thing. There's a... There's real momentum behind what he was doing. I would say to you that he didn't actually have a shot at the end of the day just because of the way that LA is demographically, and they would continue to vote for Bass even if it was a heads up. Even if it's a heads up, I think that Bass still wins. She's got the political edge. She's got the political clout, and she has the ground game to go with it. Unfortunately, for those that don't wanna see her back in office.
[1:23:47] Dave @DCBK2LA: I mean, she's... I mean, from everything that we see... Look. I don't know the inner workings, but, I mean, it doesn't take a genius to figure it out that she really hasn't done shit for the city of LA. It's gotten just
[1:23:58] Landy @CryptoLandy: progressively fucked do anything, bro. What are you talking about? In LA, you don't have to do anything. It's done for you. You're you're just either going to take all the flack and deflect, deflect, deflect, or you take all of the the golden showers, so to speak.
[1:24:15] Dave @DCBK2LA: Okay. Alright. Got it. Empress, go ahead.
[1:24:19] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I would like to add, thank you guys, all of you, for continuing to actually put good information out and have educational spaces and not being dumbasses. You have no idea. I listened to a lot of stuff. You guys are doing amazing. You always are. But I just really wanted to thank you because people are getting dumber other places. And real quick, just for Landy, Trump sucks. Bite me. Anyway, that's all I wanted to say.
[1:24:46] Landy @CryptoLandy: He's... Hey. You know what? King king king Trump is is gonna be okay. I think he's... He said he said to me... He called me personally.
[1:24:55] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Did you refer to
[1:24:56] NatNat @Natnatx007: Trump as king Trump?
[1:24:58] Landy @CryptoLandy: Yeah. Well, king Trump. Yeah.
[1:24:59] NatNat @Natnatx007: Yeah. That's why
[1:25:00] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I went... Go go
[1:25:01] Landy @CryptoLandy: go go. So so king Trump, who's gonna remain in office past 2028, he called me personally the other day, and he was like, do you think Empress will finally support me now? And I was like, nah, bro. Nah. And then I let her know in the chats, and she was like, well, I'm gonna come on stage and tell him to go screw himself. I was like, okay.
[1:25:19] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Not gonna run The US
[1:25:21] Ryan @Rlad1776: anymore in 2028. He's going to Venezuela. He's gonna be king for the rest of
[1:25:25] Landy @CryptoLandy: his life down there.
[1:25:26] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Hell no. I support him immigrating to Israel where he belongs. Bye.
[1:25:30] Landy @CryptoLandy: Wow. Wow. Let's go. Dave, it looks like we're all going to Israel now.
[1:25:34] Dave @DCBK2LA: Yeah. Looks like let's all fucking I'm going to Venezuela
[1:25:36] Ryan @Rlad1776: because that... That's where Trump is gonna get the... I
[1:25:38] Dave @DCBK2LA: mean Bro.
[1:25:39] Ryan @Rlad1776: They got nice weather down there and shit.
[1:25:41] Dave @DCBK2LA: Hold on. And to cap this off, Trump is probably coming to game three. Okay? Imagine if Trump comes to game three with Bibi. Bro, for the record also, fuck Mahwara on the political thing. Fuck Mamdani, by the way. I was at the Israeli Day Parade on fucking Sunday. Like, the first mayor in history to be like, nah. I'm not gonna go. And then to top it off, he fucking... He tweets at Wemby being like, hey, Wemby. Wanna come to a fucking political meet... Wanna come to a fucking state senate meeting that we're having? A a city meeting... City council meeting that we're having? You messy. You tweet at the dude that is playing against the city that you're the mayor of. Bro, what in the world? Wait.
[1:26:21] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I will say that there's really crazy thing that was petty among Dottie. I wanna be clear. I think that Trump's owned, but I'm not anti Semitic. So
[1:26:29] Ryan @Rlad1776: Well to be clear. I'm I'm going to the trenches between now and game three. I'm not I'm not promising
[1:26:36] NatNat @Natnatx007: Imagine Trump goes to game three, and we do No.
[1:26:38] Ryan @Rlad1776: But I'm not promising a thing. Yeah.
[1:26:40] Landy @CryptoLandy: I'm going to god. Alright.
[1:26:41] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: Imagine someone bouncing basketball off the
[1:26:43] NatNat @Natnatx007: No.
[1:26:43] Ryan @Rlad1776: I'm being I'm being serious here for a second. I'm going to the trenches. I still do have some connects up there. And if I can pull two for you, I will let you know. But you gotta promise me... Yeah.
[1:26:56] Landy @CryptoLandy: Tickets, dude. Yeah. Right, bro.
[1:26:59] Ryan @Rlad1776: What talking about. I'm just saying, got a lot... I still do have some connects up there. And if I can pull two, even if they're in the nosebleeds, like, you gotta go.
[1:27:10] Dave @DCBK2LA: Ryan, if you could pull two tickets to the finals, bro, I swear... There is a... Bro, I'm not even gonna say it. Yeah. You must be off. Look. Look. Exactly. Exactly.
[1:27:20] Ryan @Rlad1776: Again, I'm just throwing
[1:27:21] Landy @CryptoLandy: this out there. Like, I'm
[1:27:22] Ryan @Rlad1776: gonna make some calls tomorrow for you.
[1:27:24] NatNat @Natnatx007: Okay? My man. Guys. My man. Let's go. I do... Guys, great, great conversation. Empress, thank you so much for coming. I do have to head out. My family is waiting on me. We gotta take care of something for my son.
[1:27:38] Dave @DCBK2LA: I gotta jump anyways.
[1:27:39] ๐‘ฌ๐‘ด๐‘ท๐“‡๐‘’๐“ˆ๐“ˆโ‹ฎ @Hope_ology: I hope he's well. I hope you're well. I'm gonna finish my donut when he closes because it's small, and I only took one bite.
[1:27:45] Dave @DCBK2LA: It's a wrap. That's it. 7PM. Empress, thank you for coming through. Was great
[1:27:49] Dave @DCBK2LA: to see you again. I appreciate you. Taj, Landy, Samara, Ryan, give me those tickets, bro. Cool. And the rest. Guys, today's the last ATC episode, but that is not the
[1:28:00] Dave @DCBK2LA: last you're gonna hear of me on the timeline when the Nicks win tomorrow, and we spank the Spurs, and
[1:28:05] Dave @DCBK2LA: then we run them the fucking in the gym. Alright? The title's coming back to New York, bitches. We'll see y'all later. Love y'all. Peace.

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