All Things Crypto's Space (Ryan hosts)

# All Things Crypto's Space (Ryan hosts) | 2026-10-22 | https://x.com/i/spaces/1AxRnZONwmjxl | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:01:08] NatNat @Natnatx007: Wow. We're, like, a whole three minutes early today.
[0:01:12] Moni @monitalan: Can you
[0:01:13] NatNat @Natnatx007: guys hear me? Should I do a lap?
[0:01:14] Ryan @Rlad1776: No. I got to.
[0:01:19] Ryan @Rlad1776: Not... If you're not early, you're late.
[0:01:23] NatNat @Natnatx007: That's true. That's true.
[0:01:30] Ryan @Rlad1776: So I've been on on deal calls, like, for $10,000,000 contracts, and I haven't been this nervous. Just saying.
[0:01:42] NatNat @Natnatx007: Oh, you got that.
[0:01:43] Ryan @Rlad1776: I just don't wanna get ripped in the in the in the DMs by Dave and everybody else.
[0:01:49] NatNat @Natnatx007: Oh, Dave is gonna 100% rape you no matter what.
[0:01:51] Ryan @Rlad1776: I know. I know.
[0:01:55] NatNat @Natnatx007: Do you wanna send Cool the speaker invite or a cohost invite?
[0:01:58] Ryan @Rlad1776: No. I did. Yeah. He's speaker. So Cool. You're gonna be my cohost? Gonna be my... You're gonna ride dirty with me, brother?
[0:02:05] Kool @koolcryptovc: Yeah. I'll try my best. I am I am heading to the gym, though, so I'll I'll try
[0:02:09] Ryan @Rlad1776: my Understood.
[0:02:16] Ryan @Rlad1776: Now you're gonna be around, or or you got some stuff going on?
[0:02:19] NatNat @Natnatx007: Oh, no. I'm gonna I'm gonna be right here.
[0:02:21] Coinkong @coinkong: Oh, okay.
[0:02:21] NatNat @Natnatx007: I'm going
[0:02:21] Moni @monitalan: to be right here.
[0:02:22] Ryan @Rlad1776: Let's go.
[0:02:23] NatNat @Natnatx007: Yeah. Absolutely. I'll be here the entire time.
[0:02:34] Ryan @Rlad1776: I guess I can't, like, repost my space.
[0:02:53] Ryan @Rlad1776: Wait. What happened? Not your listener again. You rugging?
[0:03:07] NatNat @Natnatx007: Were you able to repost it?
[0:03:10] Ryan @Rlad1776: Well, the purple pill didn't seem to work for me. So I don't know. This is my first one, so y'all are gonna have to give me a little, grace as it relates to
[0:03:19] Moni @monitalan: All good.
[0:03:22] Ryan @Rlad1776: Oh.
[0:03:23] NatNat @Natnatx007: Oh, he's your cohost. Milo's here.
[0:03:25] Ryan @Rlad1776: Oh, boy. Let's go.
[0:03:30] Ryan @Rlad1776: If he if he declines this, we're gonna have an issue.
[0:03:38] NatNat @Natnatx007: Oh, look. The purple pill is there.
[0:03:40] Ryan @Rlad1776: Here we go.
[0:03:42] Moni @monitalan: Great job.
[0:03:44] NatNat @Natnatx007: Milo says no grace.
[0:03:57] Moni @monitalan: I had to clap for you.
[0:03:58] DocNooNoo @doc_noonoo: You're the first one. Yeah.
[0:03:59] Ryan @Rlad1776: Yeah. I broke my cherry. Let's go. No. Just kidding.
[0:04:06] Ryan @Rlad1776: How are you, Moni? Doing alright?
[0:04:09] Moni @monitalan: I'm good. Thank you. Looking forward to the conversation. I love Grock and the chat.
[0:04:14] Ryan @Rlad1776: Yeah. It's pretty funny. Hey, Nat. Just do me a favor. When you get a chance, please, please, for the love of god, rub it in Landy's face that on my first base, I did have a purple pill. And I don't wanna hear any nonsense about, like, you know, double secret probation type of phones and, like... You know what I'm saying?
[0:04:37] Dave @DCBK2LA: Is is this the first space you... You've ever held ever? Yes, First ever?
[0:04:41] Kkoma @itskkoma: Yes, sir.
[0:04:41] Ryan @Rlad1776: Oh, wow.
[0:04:42] NatNat @Natnatx007: Yeah. That's why he sounds so nervous, but he's doing a good job. No?
[0:04:44] Kool @koolcryptovc: You're good, man. It's it's like it's it's like having a conversation with your wife and girlfriend, man. That's it. It's that simple, bro.
[0:04:51] Ryan @Rlad1776: No. It's a little different, Cole, because, generally, those conversations, I'm very quiet. I don't say anything other than yes and no.
[0:05:04] Milo @0dteSPY: I can mute everybody. I just want you guys to know that right now.
[0:05:12] Ryan @Rlad1776: Oh, man. I've been looking forward to this, Milo. You're like my brother from another mother, man.
[0:05:21] Milo @0dteSPY: So so you know it's gonna happen. Right? You know I'm gonna mute everybody. It's just when? When will it happen?
[0:05:29] Dave @DCBK2LA: So you want us living in a state of constant fear is what you're saying of you hitting the mute button?
[0:05:34] Kool @koolcryptovc: Yes. Absolutely.
[0:05:34] Ryan @Rlad1776: I fully expected it. That's why I asked that question to Grok. But how's this going to go?
[0:05:42] Dave @DCBK2LA: Are you guys nervous? I mean, is there gonna be enough stuff to talk about for ninety minutes? It's a long show.
[0:05:47] Ryan @Rlad1776: Do you want me to put my my list up? Because it's four pages.
[0:05:52] Dave @DCBK2LA: Oh, for... A four page list? I mean, by all... I mean, you know, you you you do you. You know? When I prep
[0:05:58] Ryan @Rlad1776: when I prep, I prep, brother.
[0:06:00] Dave @DCBK2LA: Yeah. That's that's nice.
[0:06:04] Ryan @Rlad1776: No. Yeah. It was kind of a boring day today in the markets. No?
[0:06:09] Dave @DCBK2LA: I'm sorry. What?
[0:06:12] Bread @_ToastMalone: Oh god. What's happening here?
[0:06:14] Landy @CryptoLandy: What what happened? Well,
[0:06:17] Ryan @Rlad1776: I don't know. You moved somewhere, and you got out of the rotation somehow, I think.
[0:06:26] Ryan @Rlad1776: So, yeah, I guess we could kick it off here. I will pull a wolf real quick. And, you know, everybody, if you get a chance, please go down to that pill and repost space. We want to bring as much notoriety and fanfare to the ATC spaces as possible because these guys work hard behind the scenes all day every day and bringing you some good content and drop a lot of alpha every time. If you haven't been on these spaces before, you should expect to to, you know, get some some good information and get it in in the real. And then it's up to you to do what you wanna do with it. So let's start with Dave's favorite topic. And I'm doing this for you, Nat, by the way. The Let's see. Yeah. The the the absolute nuking that's about to happen on Silver. Just FYI.
[0:07:26] NatNat @Natnatx007: Yoo hoo.
[0:07:30] Ryan @Rlad1776: It's been a while. I know you waited not to get paid on that, but it's about to happen in my opinion. Let's go. Miley, you can thumb me down all you want, but that's... That... That's going all the way down, brother.
[0:07:43] Kool @koolcryptovc: I do I do have a question, though, man. I I thought gold and silver was, the hedge against inflation. Right? Are are we experiencing crazy inflation right now? Why why is gold and, silver going down?
[0:07:54] Ryan @Rlad1776: Because the rates are going down.
[0:07:59] Ryan @Rlad1776: Yeah.
[0:07:59] NatNat @Natnatx007: You may have to elaborate more on that.
[0:08:01] Ryan @Rlad1776: Well, I mean... So, yes, gold and silver are a hedge on inflation. But what happens is when, you know, rates start to come down, right, which we saw today, And we've been seeing this, and, Matt, you and I have been talking about it for a while. We've been seeing a rotation out of kind of risk on into risk off. And, you know, gold, believe it or not, it is does seem like a very fairly stable asset, but we're seeing people rotate out over into the bond market. You know, we've been talking about it for a while. I know it sounds boomerish and old and all that kind of nonsense, and I don't wanna turn this into that kind of space. But, you know, we kinda called the bottom somewhere around $76.50, $76.78, and TLT is up over almost close to 82 today. So you're just seeing... I think you're just seeing generally a capital rotation. People are a little bit worried about the AI trade, which I think is unfounded, to be frank. That's my personal opinion. But you're just seeing money move. That's it. So gold is at a very precarious spot right here. If it doesn't hold this level, you're probably seeing way lower. And I do believe based on the, options interest, that started trading over the last couple of days on silver, that you're going to see significantly lower prices on that. Now my cohost may disagree with me, which is perfectly fine. That's what we want, but I do think we're gonna see lower there.
[0:09:39] Milo @0dteSPY: No. Let me be clear. I would rather see lower silver prices because that lets me buy more. Right? So I don't mind if it goes down. It's just like you guys in Bitcoin. You want it to go down.
[0:09:51] Ryan @Rlad1776: 100. Yeah. You buy on the red. Yep.
[0:09:55] Milo @0dteSPY: Yeah. So dump it. But the other thing I will say is that with the AI trade, there are large dollars moving into the options market on the neo clouds in March and April. And I keep posting those... That that unusual options activity, and we're seeing it on Nibis, NBIS. We saw it on CoreWeave. We're seeing it on a few others. We're talking about $21,000,000, you know, prints going across the board. We'll see if these others hit today.
[0:10:27] Ryan @Rlad1776: So... And you're talking on call side. Right?
[0:10:30] Kool @koolcryptovc: Yes. Call side,
[0:10:32] Milo @0dteSPY: it's hitting. I mean, we'll see if... You know, we have to make sure that it actually hits the tape. Right? But we're starting to see it. So that that options activity is moving into March. So it's not over. It's just moving.
[0:10:45] Ryan @Rlad1776: Agreed. So I'll just do a quick rundown, and then we can take this space where we wanna go. Cool. I don't know if that that helped you or hurt you, but I think key areas for gold or or areas of invalidation, we're kind of at that area. If we lose that 4,000, probably looking at 3,600. If you lose 3,600, you could be looking down 27, 2,800. So those are kind of those key areas where you wanna you wanna keep an eye on, in my opinion. I'm just... Just because I'm sucking up the net, I'm gonna say that silver's going to 27, and then we'll catch a bounce.
[0:11:27] Ryan @Rlad1776: So, yeah, not a not a ton happened today in the markets. Right? Obviously, I'm being facetious here, but but 1,100,000,000,000 removed from the market today. It looked the...
[0:11:43] NatNat @Natnatx007: Barely anything. 1.1. Wow. Drop in the bucket. Wow. Not much happened. I'm trying to
[0:11:48] Ryan @Rlad1776: keep the show positive in that. So... Yeah. But you did have TLT up about 1.3%. You had the Dow down. And and that's the interesting thing. Like, guys, if you if you look at any charts or if you look at if you look at anything, go just look at the the last one month on the Dow or the IWM, which is the Russell two thousand, and compare that to the SPY and the queues, you can see the rotation happening. Right? That money is moving over. Now I wasn't in the trenches today, I can't... I can honestly not tell you what happened in the meme coin or the degen market. I can't imagine that with this kind of risk off trade that it did great. I do know that Bitcoin was up around that $84.05 area, pulled back to that 81, which seems to be holding. And, you know, I I think that's... As long as that area holds, we're good. Actually, I'll use some of Nats words. As long as 76 k holds, I think we're probably in a good spot. But there were some interesting, you know, stories on the timeline today. You know, you got bank bots. Apparently, people were... You know, banks were getting hit with, like, just crazy AI bots hitting accounts, and the banks didn't know if they were real people or if they were actually AI agents. And so a lot of statements came out, and it's certainly something I think that needs to be discussed. You had kind of a... I don't know. I don't know if it was an accident, intentional, or what, but you had a bit of a leak on the Moderna, cancer drug news that popped up, which took that thing down significantly. I'm not even sure if it was its one day biggest loss, but it's damn near close. So we'll see if that was just a, you know, a game that they're playing to get cheaper prices. What else? You
[0:13:55] NatNat @Natnatx007: have on. Ryan. Go for it. Yeah. You you gotta let us time. And Monica has her hand up, and I think she... Once you mentioned the the bank and the AI stuff, I believe that's when her hand shot up.
[0:14:05] Ryan @Rlad1776: Yeah. So the third story I just wanted to throw out there, and I think these are probably gonna take us through the hour, is the meta story. Right? So those are the three big things.
[0:14:16] Moni @monitalan: I love that. That is
[0:14:17] Ryan @Rlad1776: so funny. Drop it.
[0:14:19] Moni @monitalan: Yeah. No. So on the bank thing, I think, you know, like always, the headlines can be misleading. I wrote about it too because the... They are AI agents, but people are giving permission to the AI agents. The thing is that the the banks aren't able to control what the agents are doing once you give the authorization. So they don't know at that point if it's a human or the agent doing the work. And I think, Dave, you replied to, let's say, here, six months ago, we didn't wanna give any access to to AI agents, and now we're giving all access. Right? What the what the banks are trying to figure out is how they start to differentiate. Right? Was... Is it the human or is it their agent? And did the agent get approval from the human to do these transactions? So I think it's gonna be an interesting process. I know, Dave, you commented on it too.
[0:15:10] Kool @koolcryptovc: Well, this this doesn't make any sense. So why would you give a AI agent access to your account? I mean, I... If if if if there's... If your testing is fine. Right? Your testing may cover on a box. In half
[0:15:23] NatNat @Natnatx007: a mile.
[0:15:24] Ryan @Rlad1776: Oh, sorry.
[0:15:24] NatNat @Natnatx007: Use the left lane to take the West Park
[0:15:26] Coinkong @coinkong: Sorry. Sorry. Sorry.
[0:15:27] Moni @monitalan: Jesus. I love
[0:15:28] Dave @DCBK2LA: that. I love ask why
[0:15:30] Ryan @Rlad1776: would you give an AI agent access.
[0:15:32] Kool @koolcryptovc: Yeah. Yeah. Yeah. So you you you can't give an AI agent access to your bank account, man. Mean, you you can if it... If it's a it's a test account. But an actual account to me makes no sense, man.
[0:15:41] Moni @monitalan: Come on. But remember that OpenAI... I think thought too, right, are creating tools where you can connect all of your financial things, which I would never do. And I am gonna give financial advice. Do not do this. Do not give access to all of your accounts, to to your AI tools, but people are doing it. And that's what yesterday... It was sent yesterday that Meta announced that agents are the ones, like, spending an average of $200 on behalf of their humans. So people are doing it. I don't know.
[0:16:14] Ryan @Rlad1776: So let me ask you a quest... Cool. So let's say you have an AI agent that you you spun up and you're looking for... I don't know. You know, I'm in Houston. Right? So let's say I'm looking for a pool cleaner. Right? And I task this AI agent to go out and find me the best price for the best quality. Right? And then I go on a... I don't know. I'm I'm out of the house. I'm not around. And it's like a three hour deal. Right? I could get it for $250 versus $4.50. Don't you think that that's a scenario where that AI agent should have autonomy to maybe get that best deal?
[0:17:03] Dave @DCBK2LA: No. The... So that...
[0:17:04] Kool @koolcryptovc: That's really different. Right? So you... So if you if you use the AI agent, so we have to to find a better deal for you, that's fine. But to give access to your personal funds, man, I I don't think we're I don't think we're there yet because, I mean, I... It just it just... To me, doesn't make any sense. You know, if you... You could do it with small, you know, dollar value, but can you imagine giving the agent access to your entire savings, man?
[0:17:25] DocNooNoo @doc_noonoo: Come
[0:17:25] Kool @koolcryptovc: on. That makes no sense. Not yet. I'm I'm not saying it's not coming. I I just think we're still pretty early, and it might be a little bit irresponsible for for now to give the agent access to your your freaking account, man. Like, I mean, putting with big funds in it.
[0:17:40] Moni @monitalan: Let me review this headline. Password 1234 still tops the list. It's the most used password by anybody. And you think people are not gonna have access to their agents?
[0:17:54] Dave @DCBK2LA: I think People think... Go ahead now.
[0:17:56] NatNat @Natnatx007: I think this story really does show how there are two sides to to the same coin. Right? Because on one side, we have AI is... It's gonna take everybody's job. Everyone's gonna be out of a job. We're gonna be 19. It's gonna be 18 seventies or 18 hundreds or lower again. Run for your lives. It's all over. And then on the other side, you have... Oh, sure. You want my bank account? Here you go. Do you want my social too? Absolutely. Do you want my blood side? Yeah. Take it all. You know I mean? So it's like Oh my god. That was
[0:18:24] Moni @monitalan: the other thing that people are giving their... All of their health information to ChatGPT and to... And giving even their blood stuff, like, tests that they're taking. They're giving you... I mean, people aren't giving everything to AI. I think I... I'm not.
[0:18:39] Kool @koolcryptovc: I I would love to hear from Dave, because I know that they they are... Dave is our AI experts, AI guru in this space. So, Dave, have you have you given AI access to your four one k, your retirement, your IRA?
[0:18:51] Landy @CryptoLandy: Everything. Social security,
[0:18:53] Dave @DCBK2LA: all of it. If there was if there was an actual real one. Been there. Spent that in 2021. Cool. No. You need
[0:19:00] Ryan @Rlad1776: to you need to spell those things for him. Yeah. Yeah.
[0:19:02] Dave @DCBK2LA: Yeah. I don't know what
[0:19:03] Ryan @Rlad1776: that is.
[0:19:03] Dave @DCBK2LA: It's very crazy. My my point is is... Here's the the, like, the point I wanna make is when these companies give you the... Give the customer the ability to actually integrate with these agents, people think, oh, this must be safe because the bank said so. This is what I'm saying. Like, people are lazy when it comes to this shit. They don't know. They depend on, like, the rest of the world to be able to... Oh, well, the... I mean, the bank wouldn't give this to me if it wasn't safe. Right? Like, that wouldn't make any sense. Do you think the bank cares about you and your money? Like, yeah, they care that your money stays there, gets there, and stays there, right, obviously. But if it gets spent there by an agent, who can... Great. We'll we'll hit you with fees all day, every day. You wanna come with your Muse bot? Right? Zuckerberg gave you a Muse. You wanna connect this? Sure. You're rolling the dice. You're definitely rolling the dice. So, like, just because you're able to do something, people take that as like, I think I I... This is safe. I think I I think I'm good. And the next thing you know, sitting on the sidewalk clanking a cup against freaking... You know?
[0:20:13] Ryan @Rlad1776: Go for it, Nat. Clank in a cup.
[0:20:16] NatNat @Natnatx007: I think that's such a great point. Because it's tied to a bank, people automatically assume it's safe, they don't do their research or their due diligence. Right? I'm absolutely glad you brought that up. And I'm also glad... Was it Bank of America that issued a statement today regarding this?
[0:20:33] Ryan @Rlad1776: Yes.
[0:20:34] NatNat @Natnatx007: I think I love that they did that as well. I think slowly but surely, we're going to see how... I feel like we're go... We're going to find a a middle ground. Because at the moment, it feels like there are two extremes. You have one side, doesn't... They don't trust AI agents, Never give it all with their info. They don't want anything to do with it. And then on the other side, like I mentioned, right, we have people that are all in for AI. I think slowly but surely, we're gonna find our way towards that middle ground.
[0:21:01] Ryan @Rlad1776: Yeah. It's kinda funny that, actually, I'm being sarcastic here that Bank of America was the first one to come out with a statement after their $1,250,000,000, money laundering, fraud, fine that they got. But they've hit on a very critical point, and then, Milo, you can go for it, brother. But I will say this. Imagine when you're downloading an app on your iPhone. Okay? There's a click through typically, which, you know, requires you to accept terms and conditions. I can tell you right now as somebody who's in software as a service, literally nobody reads it. If you actually read it, you might not click through it. And the majority... Or no. Not the majority. All of the liability for doing this
[0:21:53] Ryan @Rlad1776: deflects to you. So just understand that before you do what you're saying. I agree with Cool, but I also think that the days of all of our information being protected are long gone. You know, I go back to the Internet. How long day do you think it took before... You know, remember kind of the early days of the Internet where they're, like, people are at... Or sites are asking you for personal information? You're like, hell no. Right? And then after about three years, you're like, this sucks. Like, I want my life to be easier, and you just started giving it. Right? So we're in that transition phase. It's it's the it's the crossing of the crossing of the chasm of any business, or or any industry. That's what we're seeing. So at some point, it'll become commonplace, but you need some people to get sued or a bunch of people to kinda lose a bunch of money and those headlines to hit before they really truly work this out. That's my
[0:22:54] Dave @DCBK2LA: But this this... The way I saw it today, I literally saw a headline that said, the Internet is shutting down as a precaution. And I'm like, this is real. Like, actually... Like, I forgot where it was. I wish I would have saved it. But it's... Like, when you look at where we are right now, right, it's like, I think we might have moved a little too fast, guys. I think we might have we might have gotten a little ahead of our skis here. A little too far ahead.
[0:23:18] NatNat @Natnatx007: I think that's so funny because I read that too. I saw I had something similar to that. And whenever I see the word the Internet, my brain automatically goes to, like, dial up. So when somebody says the Internet is shutting down, I'm like, okay. My mom is gonna gonna be happy because now she... She's able to make phone calls. Because if I'm on the Internet, she won't be able to make phone calls.
[0:23:36] Dave @DCBK2LA: 25 my ass.
[0:23:37] NatNat @Natnatx007: But I did wanna say something real quick in terms of terms of services. It reminds me a lot. Have you guys seen the show Black Mirror? There's an episode about terms of services. Right? So when... I believe it was... They they tried to stay away from
[0:23:51] Dave @DCBK2LA: the whole
[0:23:51] NatNat @Natnatx007: Netflix logo, but it was kinda similar. And when she signed up to this particular, platform, she skipped through terms of services. Right? And then the next day, she woke up, and her life didn't belong to her. It belonged to, you know, whoever was running the show.
[0:24:10] Dave @DCBK2LA: Tomahyik.
[0:24:12] NatNat @Natnatx007: Yes. Yes. Yes. So then towards the end, it was like, wait. Didn't you read the terms of services in the terms... Because they tried to end it. Right? She's like, need my life back. This is not okay. What you guys are doing, it's not okay. It's my life. And they're like, well, it says it in the terms of services that we own you now. Like, nobody reads that.
[0:24:32] Dave @DCBK2LA: It's like it's like the kid... You know the kid that just got shut down? I forgot the kid's name. But the... On social media that, like, he can't post now.
[0:24:40] NatNat @Natnatx007: Oh, yeah. The influencer. Yeah. Jack... The the Jack guy. Right?
[0:24:44] Moni @monitalan: That he's got his contract down.
[0:24:46] Dave @DCBK2LA: It's true. It's true.
[0:24:47] Moni @monitalan: But I had a friend that was gonna do a podcast called terms and services and just read their terms and services, like, highlight things because she's like, nobody reads them. They don't realize what's happening.
[0:24:58] Dave @DCBK2LA: They don't even open them up. Like, for, like, if... When's the last time you clicked on something? It's just like, let me scroll. You scroll as fast as you can to the bottom. Click the box. Let me move forward, please, because I am impatient. It is who we are as human beings. I don't wanna read terms and services.
[0:25:14] NatNat @Natnatx007: And is anyone
[0:25:15] Dave @DCBK2LA: Even though I'm giving an agent all of my life savings, why would I still wanna sit and read an extra two minutes?
[0:25:20] NatNat @Natnatx007: Does everyone feel like they make that portion super long so we won't read it on purpose?
[0:25:25] Ryan @Rlad1776: Yes. 100%. Milo, you can jump in here, but I'll tell you right now as somebody who works specifically in the legal industry and sells software to law firms, If you get blown up and you're on the stand under oath, the last question the attorney's gonna ask you, which will will will immediately... Like, you lose is, did you read the terms of service? Like, that's the last question. That's the gotcha question. And, you know, you can you can say no at at your peril, but they're gonna ask you that. And if you say no, you lose. So just keep that in mind, everybody.
[0:26:07] NatNat @Natnatx007: That's very interesting. I feel like for me, I'll probably just be like, did I really... I just don't remember. Can you say you don't remember? Can you say you don't recall?
[0:26:15] Ryan @Rlad1776: And then and then the then the attorney asks to treat you as a hostile witness.
[0:26:19] NatNat @Natnatx007: Okay. So, yeah, never mind.
[0:26:20] Ryan @Rlad1776: Comes a whole thing and the LIA can't come to your rescue because it's a court of law. Good. My
[0:26:28] Milo @0dteSPY: All I'm gonna add is reggie is real. It's what protects your debit and credit cards. And somewhere in there, somebody's gonna test it against these AI agents. And I think that's when your terms of service are gonna start to change, and that's when the banks are gonna bend you over even more. So be your own bank or don't.
[0:26:48] Ryan @Rlad1776: Bingo.
[0:26:48] Milo @0dteSPY: Connect your connect your your AI agent or don't. But if they spend all your money, you might get told to kick rocks.
[0:26:58] Dave @DCBK2LA: But Elon said on the timeline that if I... If it does spend all my money and it messes up, that he reimburse me.
[0:27:07] Ryan @Rlad1776: Did he thought was on Mars?
[0:27:10] NatNat @Natnatx007: Did he really? Oh, that was
[0:27:12] Moni @monitalan: that was
[0:27:14] Dave @DCBK2LA: Alright. So he didn't necessarily say me, but I I saw him do it to a guy who who knows another guy... Who knows this other guy that he's... He did... Apparently, he did say that, but maybe not on the timeline. Maybe he said it in the... On the DMs. But I I didn't hear but almost, like, a 100%, 50% of the time happened.
[0:27:34] Ryan @Rlad1776: I've seen a lot over the last, like, week to ten days of... For some reason on my timeline of people begging Elon for free Grock Brock... Grockbot credits. Have you seen that?
[0:27:48] Dave @DCBK2LA: Bro, I was... They... Like, let me let me let me tell you something right now. Okay? One...
[0:27:53] Ryan @Rlad1776: There's a method in my madness, brother. This I've
[0:27:57] Dave @DCBK2LA: in to such a skill. Right now, I am at 93% usage on my Grockbot. Okay? It says resets in one day. That reset happens in an hour, I believe, an hour and five minutes. This is how I I have to... Bro, you be out here being like, hey, man. Scratching a neck all freaking cracked out. Like, I will take anything that you guys... This has become in... Fully integrated into everything that I do, and it's spreading like wildfire, bro. I'm telling you. I'm telling you.
[0:28:31] NatNat @Natnatx007: I can imagine Dave like, hey, man. You got more of those AI credits left over there?
[0:28:37] Dave @DCBK2LA: Like I was like, yo. Dick was an AI credit. He's like, what? What'd you say? No. Nothing. Nothing, man. Nothing.
[0:28:42] Ryan @Rlad1776: It's like it's like going to McDonald's because you need a little something to eat, and you know all your credit cards are maxed out and you're not sure which one has, like, $18 left on it, and you're just hoping that it doesn't get declined. Yeah. Or or please give me the give me the approval on this because it's not too far over my limit.
[0:29:01] Dave @DCBK2LA: Yeah. Yeah. I know you guys see me shaking ass in the comments of all these things. I have no shame. I need you to understand. There is no shame. There is none here. There is... At that moment, I have to get this task done. Either the video needs to get made, the audio sucks, whatever it is, but I cannot... Go figure. This is the one thing my ADHD has has to finish is when I start one of these videos or so, I have to get it done. But when I don't have credits, I'm just like, what am I doing now? This is crazy. It's it's a real thing. This is this is a real dilemma phobia. I don't know what you wanna call it, but this is a real condition, guys.
[0:29:45] Dave @DCBK2LA: Alright. Don't let me sit inside. Don't let me sit in here like that. That's fucked up, Ryan. What the hell?
[0:29:50] NatNat @Natnatx007: Ryan, are you still with us?
[0:29:51] Ryan @Rlad1776: Oh, I'm I'm... Yeah. I'm here. Sorry. I I I thought Dave was gonna pull a landing.
[0:30:00] Landy @CryptoLandy: No. No.
[0:30:03] Dave @DCBK2LA: You have to always be ready if you wanna be in this elite category. I'm just saying.
[0:30:07] Ryan @Rlad1776: So do do we wanna talk about Kuckerberg and his current situation that he has going on over there?
[0:30:15] Dave @DCBK2LA: Did we talk about it yesterday? What changed?
[0:30:18] Ryan @Rlad1776: Well, $25,000,000,000 fine by New Mexico and the fact that in the fine print in the earnings report that since the board voted to keep the company in California, they will now cover, the Billy tax, that he'll get hit with, which roughly amounts to about $12,000,000,000 a year. So free free cash flow what?
[0:30:49] Dave @DCBK2LA: So Zuck's got another 12,000,000,000 to pay a year.
[0:30:53] Ryan @Rlad1776: If if if that billionaire tax goes through in California, right, they tax him on his income, and it amounts to about $12,000,000,000 in taxes. And Meta and the board, in their infinite wisdom, from what I understand, agreed to cover that for him. Thank you.
[0:31:17] Dave @DCBK2LA: I mean, that's nice. That's really nice of the board. They're so sweet.
[0:31:21] Ryan @Rlad1776: Yeah. But that kinda comes out of, you know, their ability to operate. No?
[0:31:27] Dave @DCBK2LA: I mean, sure. But, like, I don't think me or anybody in this room, if I'm being honest, could literally have a second... Would give this a second thought about, oh my god. Meta's gonna have some problems. Like, I could literally care less. Like, from an investment standpoint, does this mean number go down more?
[0:31:45] Ryan @Rlad1776: Potentially. Yep. Yes. Potentially. And we were on a space earlier. I... I'm looking at that six fifty area because that's where a lot of the OI is. Again, maybe I'm getting a little too TA here, but I think it's important. Six fifty, if that holds, that's a good area. Six twenty five is Per Phil Smith. Shout out to him on the Wolf space earlier, who's who's a very, very, very good technical analyst. He shouted that number out, and I think that's probably... If you wanted to get back into Meta, that's probably a good area. Not financial advice, of course, because we don't do the
[0:32:31] Milo @0dteSPY: How is that accounting for the split?
[0:32:34] Ryan @Rlad1776: Well, there's that. You're talking about the three to one and the fact that they're giving everybody a dividend earning shares, and then that opens themselves up or not opens themselves up. They are in all likelihood going to dilute the hell out of it. It does not.
[0:32:59] NatNat @Natnatx007: So what do you what do you mean that it does not open them up to dilution? Because it should open... It does open them up to dilution.
[0:33:07] Ryan @Rlad1776: No. Yeah. That's what I meant. Maybe I said it wrong, Nat. Absolutely. So the the the split and those preferred dividend shares absolutely... I mean, it it suggests dilution all day long.
[0:33:24] Ryan @Rlad1776: So you're right. Maybe I just said it wrong because I'm old, and I say
[0:33:29] Moni @monitalan: things with a
[0:33:31] Ryan @Rlad1776: lot of complexity.
[0:33:32] NatNat @Natnatx007: It's okay. I speak backwards sometimes, so it's alright. It happens to the best of us, my friend. But I I like that that we brought this up again because remember last night when we were when we were talking about Meta in in particular to the price action and what we were looking at on the chart and how we saw that it did try to break above $7.35 but got rejected. What happened today? Because they... It tried multiple times and and couldn't get over the $7.35, which may... Made it a failed move higher. And if you've been listening to us across multiple spaces, one thing that we do say is that usually and typically, a failed move higher leads to a move lower. So what did we see with Meta? After that failed move higher, that multiple rejection at 07:35, what happened to Meta? We saw it come all the way down. So congrats to Dave on the NQ shirt because it did print.
[0:34:22] Dave @DCBK2LA: I was just a little bitch. I I didn't hold that shit for me. I could have a 500 move if I were to just went to sleep. My dumbass.
[0:34:30] Ryan @Rlad1776: So it was scalp trade. But you made bank. Right?
[0:34:35] Dave @DCBK2LA: I mean, I made I made back the money that I was down. So, yeah, we're back to even. Yeah.
[0:34:41] Ryan @Rlad1776: Yeah. You know, even even is a good day, brother.
[0:34:44] Dave @DCBK2LA: Even is a great day. Yeah. Yeah. I'm not I'm not gonna complain. I'm not gonna look at it be like, what could have been? Oh my god. This is amazing. Blah blah blah. Nah. No. No. I'm good. I'm good. I'm good for sure.
[0:34:57] Ryan @Rlad1776: Milo, you back up.
[0:34:59] Milo @0dteSPY: Yeah. I'm here. I'm just trying not to
[0:35:04] Landy @CryptoLandy: be chaotic.
[0:35:06] Ryan @Rlad1776: No. We we like chaos. I mean, that's... I I mean, this... I mean, that's what the c stands for in ATC.
[0:35:13] Milo @0dteSPY: No. You guys told me I wasn't allowed to curse. You gave me all these instructions. You started making fun of me with Grok in the chat.
[0:35:21] Ryan @Rlad1776: Hey. Listen. Dave Dave gave me the keys. You can do whatever you want, man. You're... You you and me, we're ride ride or die, baby. Let's go. Bring it.
[0:35:29] Milo @0dteSPY: You know, and remember, he didn't put he didn't put the password in the chat, which we were looking for because then we woulda had a lot of fun.
[0:35:37] Ryan @Rlad1776: Well, it's 1234. Of course. I'm just kidding. I'm kidding.
[0:35:42] NatNat @Natnatx007: The password is password, guys. Come on now.
[0:35:48] Ryan @Rlad1776: You see any OI interest? You see those thousand dollar calls that were bought today on Meta?
[0:35:54] Milo @0dteSPY: No. You know that my my screener didn't pick that up, but I can I can take a look real quick? Hold on a second.
[0:36:01] NatNat @Natnatx007: What screener do you use? Do you have one that you personally built, Milo?
[0:36:07] Milo @0dteSPY: So, you know, I pay for data, and then I look for I look for I look for calls and puts that would be considered unusual that are over a million dollars, that hit the tape. But as we've kinda discussed, right, like, you have to wait for the next day to see if it's real or not. Because sometimes, you know, if you know folks, you can get them to lean on a contract to get entry, but it's kinda like a fake out.
[0:36:34] Ryan @Rlad1776: Hey, Dave. That would be a good, that would... For you, for the show, that would be a good sponsor for you to kinda track down. I don't know if you're familiar with bullflow.io. Who? Bullflow.io. I believe that... That's the ticker. Right? Or that's not the ticker. That's the the username. Isn't it, Nat? Is
[0:36:56] Ryan @Rlad1776: it Bullflow. Is that Yeah.
[0:36:58] Ryan @Rlad1776: Yeah. Yep. Yep. Dot I o. He's created some really, really good good stuff. It's a good one. So that that may be somebody you wanna kinda check out. Noted.
[0:37:15] NatNat @Natnatx007: Ryan, I did have a question for you, though, because I I I see Alpha Gamer here. And yesterday, towards the end of the space, he he wanted to elaborate with you in terms of the auction. And we saw yields or something very interesting today. Right? So I'm not sure if he's up. I can't see anyone, as a speaker. I see everyone as a listener. I don't even see cohost.
[0:37:33] Ryan @Rlad1776: I just keep trying to bring the puppet up, and he keeps kicking because I need somebody to kill about thirty minutes. So I figured, oh, here he is again. I
[0:37:44] Moni @monitalan: don't even see him in the space.
[0:37:46] NatNat @Natnatx007: Not... Neither do I.
[0:37:48] Kkoma @itskkoma: Do you see me?
[0:37:50] Moni @monitalan: Yes. Yes.
[0:37:51] Ryan @Rlad1776: We got Tacoma.
[0:37:52] Moni @monitalan: I plugged you up.
[0:37:55] Kkoma @itskkoma: Just wanted to make sure.
[0:37:56] Ryan @Rlad1776: Yep.
[0:37:57] Moni @monitalan: You're not too short, I guess.
[0:38:00] Ryan @Rlad1776: I don't. That's pretty funny money. I I I do want to get to Gamer and his question, but I did wanna go back a little bit to the AI conversation. And and since Brad's got so much experience, I was wondering if he had any takes on that because there's going to have to be a way where there's a... I don't know if it's a firewall or they put a gap in,
[0:38:32] Ryan @Rlad1776: but I'm just wondering what the solutions are gonna look like in the future. I imagine you probably spent some time thinking about this. No, Brad?
[0:38:41] Bread @_ToastMalone: Is this in regard... Sorry. I was, like, about to go grab down here
[0:38:44] Ryan @Rlad1776: for a fan, but, your bank given your AI bot access to your bank account.
[0:38:50] Bread @_ToastMalone: Yes. I mean, like, with with these bots, right, we're already seeing it with teams and companies like Paybox. Right? I think Paybox is a great kind of example of what can be done to where you still give it access. But in order for it to take any actions, it still requires your approval. Right? That human in the loop type mentality. And I think that that's super important with bank accounts, especially. You know? Other than that, I mean, like, there are ways... I see a future where, like, maybe you have a a separate account that's, like, linked to, like, you know, your traditional checking account or something like that or, like, a hybrid account that runs on stables. You know, something like that to where you give it, essentially full access within limits. You know? Like, hey. Yeah. Do whatever you need to API. Exactly, brother. Exactly. You know, Stripe is a great example. Hint, hint, wink, wink, nod, nod. Right? I would absolutely encourage people to look into Stripe and, you know, OUSD on things like this. Right? So where now you can say, like, hey. Agents have full access to this account within a thousand dollar spend limit. Anything over that requires, you know, an additional signature, I e, you know, me saying, oh, yeah. No. That's cool. That bill actually was a lot higher than it normally is this month. Go ahead and pay it. You know? Anything normal, any of these reoccurring charges, like, yeah, my Netflix, which is the same every month. You know? Amazon Prime is the same every month. You know? Like, those types of bills, I highly encourage an agent to go ahead and just pay those. Otherwise, I'm gonna forget, you know, because I've... I'm really bad at that. You know? Good at managing money coming in, going out, not so much. Right? And so, like, I think it'd be a huge benefit to have agents that are kind of taking the reins on some of those things that are, you know, against standard payments, credit card bills. You know? Like, hey. Make sure you allocate, you know, a $100 every month to this credit card bill. And when it comes in, it immediately gets paid. You know? And then that's like... I mean, that's, you know, stress off of me, and I don't have to worry about it. You know? And then I don't have to get the phone call being like, hey. Your something something went to collections because we sent it to your old address because you move every year. You know? It's like that type of stuff would be super beneficial, but I don't think that we're going to see a time anytime soon to where it's just, you know, unlimited access and control to your full financial accounts. That seems... Again, I mean, like, as somebody that uses AI regularly, and CoinCon can probably attest to this too. Like, I use it every day across a myriad of use cases. I'm still not giving the thing full access to my bank accounts. No way in hell.
[0:41:28] Ryan @Rlad1776: Yeah. That's fair. Comma, I definitely wanna hear you on this. You know? But I would say that I'll just add one variable. You know? Who's gonna really, I think... And and maybe not because even though they're kind of a laggard... They're laggard companies, you know, they do have a lot of really smart tech tech people working for them. But I can imagine the mess that's gonna happen on the back end with the credit cards. Like, because you can effectively dispute something on your credit card charge up until, what, two hundred and seventy days or something like that. So you can see how this can go off the rails pretty quick as it relates to that. I suspect that they probably have some way that they're gonna deal with it, and it probably ties back to the end user license agreement where you don't get a say in the say. But I would imagine that there's gonna be a lot of chargebacks, and it's almost like letting your kids go on to an online game where you had to put your credit card in. Right? And suddenly, you get this $3,000 bill because your kid bought all this crazy ass stuff while he was playing... I don't even know. I don't even know what kids play anymore, but whatever they were playing. You know?
[0:42:49] Ryan @Rlad1776: Go for it, comma.
[0:42:51] Kkoma @itskkoma: Oh, thank you. Yeah. I just wasn't sure if you were done. Does... I'm actually kinda curious. Like, when you guys prompt and stuff, do you use voice, or do you type it out? Because I started actually using voice recently, maybe, like, a week ago, and it's actually very, very convenient. Like, I I low key was kinda against it, but then the more I do it, it's like, oh, wow. This is actually very, very convenient, and, I might start considering doing that more. It's more for, like, personal projects. Obviously, when I'm work... I'm at I'm at work, I just kinda just still type it out. But, yeah, I was just kinda curious about, like, other people's, like, workflows. Like, I just like
[0:43:30] Bread @_ToastMalone: There's no so against it, dude. I am so against against? A 100% against it. I mean, yeah, voice to data
[0:43:38] Dave @DCBK2LA: It was like text.
[0:43:39] Bread @_ToastMalone: Yeah. But... No, dude. Because I ultimately... Mean, like, maybe I'm old school. Right? Like... Yeah.
[0:43:43] Kkoma @itskkoma: Are you against voice, but you're you're okay with the agents paying your bills with your credit card? Like, literally, there's a thing called autopay, by the way. So you never really have to, like, worry about that. Like, it already has been solved, but you're adding an additional agent to do the same exact thing.
[0:43:59] Ryan @Rlad1776: Can I just ask real quick? Is anybody willing to be
[0:44:01] DocNooNoo @doc_noonoo: a co
[0:44:01] Kkoma @itskkoma: host? Because You... You're spending credits to literally pay your bills.
[0:44:06] NatNat @Natnatx007: I got you.
[0:44:07] Kkoma @itskkoma: Spend credits for.
[0:44:11] Bread @_ToastMalone: I run local. I don't spend credits on shit. Okay. Know? But, ultimately Whatever. I don't think
[0:44:15] Kkoma @itskkoma: You spend electricity.
[0:44:17] Bread @_ToastMalone: Yeah. I am spending tons of electricity, bro. I mean, like, Ben Franklin hates me.
[0:44:20] Kkoma @itskkoma: To pay your electricity bills.
[0:44:22] Bread @_ToastMalone: But realistically, like, I I... Old school, right, is that, like, you should never, like, you should never write the way you speak. It's essentially two different forms of English. You know, you have written English and you have spoken English. And I think that written English, you can be far more precise and clear, with what you want versus spoken language that's open to interpretation.
[0:44:44] Kkoma @itskkoma: You you know what's crazy, though, Fred? I'll I'll tell you one thing. And maybe, Dave, I don't know if you ever experienced this. But do you ever look at your keyboard when you type? I'm pretty sure majority of us say no. Right? So, like, I actually actually was typing something, but then I guess my hand position was fixed a little bit to the right. So what I was originally trying to type, it was just like mumble jumble to, like, chat gbt. And then after I typed it, it knew exactly what I said, like, what I intended to say because it apparently knew that I shifted my keys. So, sure, yeah, like, what you say verbally versus what you type could be different, but it doesn't really matter at the end of the day. Like, you can misspell stuff. You could do whatever you want. It's it's
[0:45:22] Ryan @Rlad1776: just kinda Yeah. We've
[0:45:23] Kkoma @itskkoma: seen this
[0:45:24] Ryan @Rlad1776: stupid mistake or type this thing this stupid way before, so we got you kind of.
[0:45:29] Dave @DCBK2LA: Yeah. But it's it's... Listen. It's
[0:45:31] Kkoma @itskkoma: That was my first time.
[0:45:32] Dave @DCBK2LA: You want.
[0:45:32] Kkoma @itskkoma: That was my first time. The the shift, at least. The misspelling, sure, but the shift, it was complete mumble jumble, and it it knew exactly what I was trying to say.
[0:45:42] Dave @DCBK2LA: Yeah. I'll say this. God. I fucking hate these allergies. My god. This is so annoying. But here's what I will say. Somebody tried to get me to use their, their AI tool today, and they were gonna give me $200 in free credits. And I was like, you know what? Fuck it. Let's call you. Is there... I'm like, is there a video generator on there? They're like, yeah. I'm like, alright. Cool. Like, you know, I'll do a lot for video gen right now. You know what I mean? So they send it to me, and I'm looking at the thing, and I'm just like, wait. There's no... I I can't... There's no voice command? And they were just like, no. Like, you have to do this. She was like, but you could do it this way through iMessage and that. And I'm like, no. Absolutely not. If I have to sit there and type all day... Don't get me wrong. There is a time for typing, but Grock knows now. Like, when I write or rather when I speak, I can't even complete a full sentence, bro. There's no way. I can't even get a thought out before I'm trying to regurgitate six, seven other thoughts when I read it back. But what I tell him to do is listen. If there's any point that you're just like, I have no idea what you just said, like, read bit... Like, say it back to me and be like, I'm assuming you said this. Don't just think you know. Like, confirm with me first about everything, and then I'll tell you, yeah. That's good. Because, like, that takes an extra second for me to be like, yeah. No. No. That's what I meant. Go for it. You know? Because I'll have seven thoughts throughout the course of, like, a forty second, like, little voice note. You know what I mean? So voice all day, bro. That's how the future's gonna be. People are not gonna be at their keyboard, you crazy psychos. It's not gonna happen. It's not gonna happen.
[0:47:09] Moni @monitalan: I'm here to say I love voice. I love... I think for a long time, FOD voice didn't work as well as ChatGPT. But for me... I mean, my prompts are, like, so long, and a lot of it is voice. But then I go back and forth writing and... Right? That's... Then I go to the typing. But for me, voice is great. This is why WhisperFlow works so well for so many people and other tools that are audio. I agree with Dave. Audio is the future, and I'm I'm a 100% pro voice.
[0:47:42] Bread @_ToastMalone: Well, hang on. How do you speak in markdown? Can anybody explain that to me and, like, how you speak with brackets and how you speak with, like, know Hashtag hashtag title anymore.
[0:47:51] Kkoma @itskkoma: Hashtag hashtag hashtag secondary title.
[0:47:54] Coinkong @coinkong: Guys aren't doing real real code
[0:47:56] Dave @DCBK2LA: here. Plus, to me and
[0:47:57] Kkoma @itskkoma: Mark Backward tilde tilde tilde write code. Close tilde. Boom. Done.
[0:48:04] Dave @DCBK2LA: Love the use of the word. Take the back. Tilde. Thank you. Say?
[0:48:08] Bread @_ToastMalone: I'm gonna start speaking to the scam callers that asked me about my warranty and markdown going forward and see how that works.
[0:48:16] Ryan @Rlad1776: Oh my god. Yeah. Don't get me started. I got a emergency call from my mom tonight. Apparently, she's under investigation by AT and T and Facebook, and they're wanting credit card information. Yes. Another one. Let's go.
[0:48:32] Bread @_ToastMalone: Tell your mom to run.
[0:48:33] Ryan @Rlad1776: Joys of my life. Ugh.
[0:48:37] Moni @monitalan: Hey. My sister sold something, and I think it was next door. And somebody's like, here. Use my Venmo. Like, I'll pay you via Venmo. And they're like, but you have to deposit $500. So this is a whole scam. I was like, no. Don't deposit any money. If they're gonna pay you, they just send you the money via Venmo. Crazy stuff.
[0:48:57] Ryan @Rlad1776: The the the the scams are like... I mean, they are getting they are absolutely crazy. I mean, I... I'm just experiencing this because, you know, my mom's older and she's got dementia and, you know, like, she thinks every day that she's talking to Kevin Costner and, you know, Elon Musk and Baron Trump. I mean, it's sad, but, like, I'm like, you know what? She's not calling me. So as long as they're not taking money from her, which they can't because they don't have access, and she doesn't have access to anything anymore. I'm like, if it amuses her, let her go. But it it is amazing the pilfering that must be going on, particularly with the older generation. And it's kinda sad. And, no, it's not kind of. It is absolutely sad, and it's it's demonic in a lot of ways. But, anyway, that's my TED talk for today. Go ahead, dad.
[0:49:52] NatNat @Natnatx007: Speaking of scam callers, disclaimer, I pay my taxes. Always have. Always will. Hey. We love taxes, just in case, Landy's listening. But, have you ever... Have you guys ever received a scam call from The Bronx? Like, they're really, really aggressive. I don't know one time. This was many years ago. Not that long, guys. Okay? But years ago. I received a a scam call from someone pretending to be the IRS. And kudos to them. They they sold it or tried to sell it. So I'm I'm in my apartment, and then my phone goes off. And I I answer it. Back then, when I would kinda answer a lot of phone calls, now I don't. If I don't have your number saved on my phone, forget it. You gotta text me first. But, so this person on the other line was like, hey. I'm calling you from the IRS. You owe over a $100,000. I was like, I don't owe anything. And and they're trying to tell us, it's like, ma'am, I'm I'm just trying to help you. The cops are pulling up. I'm calling you right now. You have, like, ten minutes before they start knocking on your door. I need you to send it to Western Union. I'm like, what? And they... Again, they're like, yeah. I'm just trying to help you. I am looking out for you. I am helping you. So if you want, I will stay on the line while you figure out a way to send me
[0:51:11] AlphaGamer @AlphaGamer_sats: Take the COVID shot.
[0:51:12] Dave @DCBK2LA: Oh, go
[0:51:13] AlphaGamer @AlphaGamer_sats: go ahead, dad. Go ahead.
[0:51:15] Dave @DCBK2LA: Brock, can I please continue?
[0:51:17] NatNat @Natnatx007: While you figure out a way to send me a $100,000. If you send me a $100,000, I can call them off right now, but I am just making this phone call to help you so the IRS won't get you. Okay? I'm like, do you, this makes no sense. How am I going to send you a $100,000 through Western Union? Have you ever tried sending money through Western Union?
[0:51:38] Ryan @Rlad1776: I mean, it's, like, $500 max or
[0:51:40] Ryan @Rlad1776: something like that.
[0:51:41] NatNat @Natnatx007: It's not a $100,000.
[0:51:43] Kkoma @itskkoma: How did you fall for this? It sounds like we... Like such
[0:51:46] NatNat @Natnatx007: I didn't.
[0:51:46] Kkoma @itskkoma: Or not fall for it, but, like, how did you almost fall for it? Because you say you almost fell for it. Right?
[0:51:50] NatNat @Natnatx007: No. So they they played the role very well. So someone on the other side of the line that did... For example, if it was not me, it was someone someone elderly or someone with not a lot of knowledge in how these things work, they would fall for it because the way they do it is by pressuring people and making it sound urgent.
[0:52:09] Ryan @Rlad1776: Yeah. They're real... They're... They... I'm I'm telling you right now, they're really, really good at it. I mean, I got a call before my father died. This is about six or seven years ago.
[0:52:19] NatNat @Natnatx007: Oh my god. I don't mean to cut you off, but we spoke about scam, and Samara just came up. What's up, Samara?
[0:52:24] Coinkong @coinkong: Oh, hi.
[0:52:28] Ryan @Rlad1776: Who came up? Oh, hey, Samara. Why are we why are we associating scams with Samara?
[0:52:35] NatNat @Natnatx007: Like, the Let the criminals appropriate. Let the criminals into crypto? Hello? Oh, that's right. You weren't around back then. My bad, Ryan. My bad.
[0:52:42] Ryan @Rlad1776: Yeah. I don't have all the history.
[0:52:46] Kkoma @itskkoma: So Just bump for the criminals.
[0:52:48] Ryan @Rlad1776: Mute everybody now or what? I
[0:52:51] NatNat @Natnatx007: didn't mean to interrupt you. You're bad.
[0:52:53] Ryan @Rlad1776: Let's go. Let's kill forty five minutes.
[0:52:58] Kkoma @itskkoma: Sorry. Continue, Ryan. I I I thought... I think it was interesting.
[0:53:01] Ryan @Rlad1776: No. No. No. I... You know, so I got a call. It was about seven years ago... Six years ago, I think. My son was 19 at the time from my father prior to him passing away, and he's like, hey. It was, like, 02:00 in the morning. Right? So I pick up the phone, and it's like, hey. I just got a call from your son from Ryan, and he said he got a DUI. And, you know, like, you gotta send, like, $3,000 to get him out. And I'm like, wait. What? You know, it's 02:00 in the morning, and my dad was ready to send this money. I'm like, no. No. No. Hang on one second. Like like, let's step back. And, apparently, it was so real and so convincing. You know, the lights are all on over at their house. My mom's up. She's pacing around. It's like... They they have gotten really, really good at extracting, and I'm not exactly where the the the center point of all of this comes from, but, you know, it's certainly Eastern Europe, I would suspect parts of Africa, you know, probably parts of The US, no doubt. But everybody should be on guard. And I... I'm not totally sure what the remediation is for... Or or not remediation, but the the way to protect yourself from it because everything you put in place, they seem to figure out a way around about it. And just protect yourself, guys. Like, it's your money, you know, unless you're you're, you know, the person you send it to or it's... You can validate it, please don't get screwed out by this stuff. Because my dad was about ready to send, like, $3,500 via wire to get my son out of jail, my son's home sleeping. It's just crazy.
[0:54:58] NatNat @Natnatx007: Yeah. And the IRS would never ask you guys to send money via Western Union guys. That's not how it works.
[0:55:02] Ryan @Rlad1776: No. They would not.
[0:55:07] Ryan @Rlad1776: What's up, big puppet?
[0:55:11] Landy @CryptoLandy: So you're telling me that the IRS isn't gonna accept all these Chick fil A gift cards?
[0:55:19] Bread @_ToastMalone: No. They totally take those, bro. Oh, yeah. They're 100. But it relates back to, like, what chatting about earlier, dude, is the fact that, like, okay. So... Oh, yeah. Those are, you know, one on ones. Right? But, like
[0:55:32] Kkoma @itskkoma: Jalen Brunson cars, you need to give them to me immediately right now.
[0:55:35] Kkoma @itskkoma: Otherwise, the police are coming.
[0:55:36] NatNat @Natnatx007: Right. Exactly. All send it
[0:55:39] Kkoma @itskkoma: all for, like, three
[0:55:40] Kkoma @itskkoma: day shipping mail. Then I'll call them off.
[0:55:45] Bread @_ToastMalone: Yeah. Hold on. Hold on. But, like... So, like, legit, like, it's a concern if, like, you know, circling full back here to use my corporate lingo. If you have an agent running your bank accounts and then you have another agent that's trying to scam and be like, we need you to send this money. Like, this is why it's important to have guardrails. Right? Because otherwise, the agent's gonna be like, oh, yeah. Sure. Approved. Here you go. Here's $3,500 to get your kid out of jail. You know? And then what? Right? Where is the recourse? Well, there is not.
[0:56:11] Landy @CryptoLandy: So I wanted to chime in on this because, I've I've been trying to get on stage from my phone while I was on the way over to, my home, which apparently still doesn't work even though they've nicely redesigned the application. It looks great. It doesn't work for shit though. Excuse my language. Sorry, Nat. I have AI.
[0:56:34] Ryan @Rlad1776: 1.5 x, Haberra. Let's go making money.
[0:56:39] Landy @CryptoLandy: No. That's... No. That that you should be paying at this point for everyone. It's like, you know what? Let the let the older rich guy pay for all of us plebs out here.
[0:56:50] Ryan @Rlad1776: Oh my god. I'm a boomer already. I'm not a I'm not a boomer. Stop.
[0:56:54] Landy @CryptoLandy: Okay. Alright. Well, I I I have AI screening my calls, and it does a freaking good job of messing with the scammers. But it's not connected to anything other than it's, like, little siloed area of screening those phone calls and then passing it on to other agents that will notify me to take action if I if I wanna pick up the call or take action based on the call. I think that, you know, just just like all of the different tools that are being used, I I said this earlier, I think that was in that space. I was actually able to jump on. Apparently, I can't jump on from my phone to ATC spaces, though. You just can't get me on stage, but I was able to talk to everyone from my phone earlier. But I had said, like, you know, there's all these different tools that these Frontier Labs have created that are siloed to, you know, certain programs that you have to qualify for, you know, whether it's government or security firms or stuff like that.
[0:57:59] Landy @CryptoLandy: And to be quite
[0:57:59] Landy @CryptoLandy: honest, it just needs to all be out there. Right? At at a certain point, you can't have these different tiers because you're not allowing for, like, small businesses, for instance, and individuals to protect themselves from attacks from AI or from these more sophisticated scams that people are using with voice cloning and, like, all kinds of different different stuff out there, when they don't have the same restrictions. And, like, a normal person that's running, like, a ChatGPT or a Claude or, you know, you know, the regular versions of Grok or something like that, which doesn't have a lot of the capabilities that these other ones do anyway. But, with bots, there is some, like, actual capabilities now with the new voice models. But you you have these organizations and whether they're state sponsored or whether they're large organizations, international hacking organizations and scamming organizations and stuff like that that aren't going to follow the rules, and they're gonna use, you know, ablated models or or unlocked models that have all of the full capabilities. So if you don't have everyone on the same footing, you end up, you end up in a bad place. And I I think that at some point, that just needs to be out there. Like, the whole banking thing, everybody's like, oh, it's like Bank of America. Like, no. Was a bunch of Latin American banks running old freaking code and software and had security bugs all over the place. It coordinated attack. And the the roles in which AI played were in terms of not not necessarily maybe orchestrating the attack via the bots as cover... The botnets as cover, but, like, not necessarily direct interaction from AI agents. But in the future, we will have very fast, very, very capable agents that will be able to obfuscate themselves and do all kinds of stuff via these bot networks, and they won't be able to... They... You you won't be able to detect that they're anything other than, a simple bot that's on, you know, a compromised Samsung television or something or one of those Android boxes that sits under people's TV that has all of the wonderful unlocked free movies and television stuff that's... You're literally just buying a botnet box for your for your home. Right? They're just hovering up all your information, and then, you know, you've got rats and terminals and all kinds of stuff that botnets can use. So at some point, there has to be a turning point in which these labs are like, okay. We just have to give these tools to the regular people and, you know, it will sort itself out. And unless you really do believe that there's more bad people than good people in the world, which I don't think is the case.
[1:00:48] Ryan @Rlad1776: No. And and you're right, Landy. At some point, will. I do believe that. I mean, it's like anything else. Right? But it's but it's... Sadly, it's it's never before the mass extraction has happened. You know? That's the sad part about it. Where there's no recourse.
[1:01:10] Landy @CryptoLandy: Yeah. Look. I mean, the the the biggest thing here is, like, the people who are... It's like it's like the gun debate. The people who are motivated to get a gun doesn't matter if you outlaw having guns. Right? They're gonna find a way. Right? It's the it's the same thing with, like, AI models that can do really, really nasty cybersecurity stuff. Right? Like like, do you think that China as a nation state actor is gonna be like, hey. You you all stop that now. In fact, have entire units that are weaponizing AI just like we do. Right? But they also open source that shit, And they're like, yeah. Have at it, everybody. Here's all these labs that we've propped up with all kinds of money, that are creating these models that are out there that you can utilize, if you have enough compute. Right? And you have enough bandwidth. You could do it. So it's like, okay. If you're not gonna put yourself on equal footing with the aggressors, then you will lose. You'll lose. That's just how it is. Like, you can't silo yourself into a safe space and be like, well, just because we're safe and if we give it to everybody, they're gonna be... No. The bad people are already gonna do it. That's it. Like, that's... That is actually the battle in cybersecurity.
[1:02:30] Kkoma @itskkoma: What what did they say?
[1:02:32] Landy @CryptoLandy: And they... I don't I don't remember. Just go to San Francisco and talk to any person on the street, and you'll get a good idea of what they say.
[1:02:40] NatNat @Natnatx007: You know what, Naina? That's actually a very good point. Bad people are gonna
[1:02:42] Landy @CryptoLandy: Maybe not coma, though.
[1:02:43] NatNat @Natnatx007: Coma is Yes. He is. But bad people are going to find a way to do bad things no matter what.
[1:02:51] Landy @CryptoLandy: Yeah. I mean, like, it's like, oh, no. They told me I couldn't do it. I'm a criminal, which means that I obviously follow the laws. Jeez.
[1:03:03] Ryan @Rlad1776: Yeah. I mean, you you you know, show me a new, technology, and I'll show you, you know, I'll find you 10 people who are already trying to figure out a way around it. I mean, it's... I've been in the software industry for kind of a long time. Like, I'll say how long because then I'll get, like
[1:03:20] Landy @CryptoLandy: Bro, call back stuff. Jumped on the rewrite your TV software using Claude code the other day after I saw a video pop up on the timeline. I was like, oh, wait. I didn't even think about doing that. And I was like, hey, Claude. Search my local network for every TV in the house and rewrite the firmware for it, jailbreak it, rewrite the firmware, and I don't want any ads on it. And I want these applications only and redo the interface. Freaking, like, four hours later, every TV booted back up, and it was, like, all custom interface stuff.
[1:03:52] Ryan @Rlad1776: Yeah. But what did that cost you?
[1:03:55] Landy @CryptoLandy: It cost me a subscription to clog.
[1:03:59] The Journey Man @JM_speakss: It's
[1:03:59] Landy @CryptoLandy: clogged. What? Clog code?
[1:04:04] Ryan @Rlad1776: That wasn't me. Journey's up there?
[1:04:06] The Journey Man @JM_speakss: Who... Where... Who's this all things crypto guy? It seems very familiar.
[1:04:13] Landy @CryptoLandy: Don't worry about him.
[1:04:15] Ryan @Rlad1776: I'm not important. What's important is that you buy a Smoothie King franchise and bring all of your Canadian wealth down to The States so that we get another taxpayer. I'm so...... Support my Social Security that's rapidly approaching.
[1:04:37] Landy @CryptoLandy: Next year.
[1:04:40] Ryan @Rlad1776: That's not even funny.
[1:04:44] Ryan @Rlad1776: So, David, are you still there?
[1:04:47] Dave @DCBK2LA: Yeah. Yeah. I'm here.
[1:04:48] Ryan @Rlad1776: I wanna go back to the Voice to AI. So despite the fact that I'm in kind of tip of the spear type technology, I still operate kind of at a slower pace. I don't know whether that's intentional or just having seen what I've seen. But the other day... So my wife works in the insurance industry, and she seems like she's on the phone all day long when the reality is she's not. She's actually talking to ChatGPT. She didn't disclose any client information, but it's all about her schedule. And so I had her the other day kind of do a dump out of what she spent talking to it about over the last six months. And we then compared that to her ability... Her workload. So six months ago, she was handling... She basically onboards, new, clients to sign up for this particular type of insurance. So six months ago, she was onboarding on average about 18 new customers per month. The more information she's feeding to her ChatGPT bot to manage her schedule and prioritize things and and yada yada yada, she's now at almost 31 where before she wants her head pop off her shoulders. So are you finding that level of efficiency just by interacting via voice versus texting and trying to figure out things? Yeah. Go for it.
[1:06:32] Dave @DCBK2LA: Run it back to me. You said 18 to 31, and it's more efficient?
[1:06:35] Ryan @Rlad1776: Like, 31 more efficient just by, like, bringing up ChatGPT and talking to it and saying, hey. I gotta remember this or, hey. I have to do this or
[1:06:44] Ryan @Rlad1776: I have like...
[1:06:45] Dave @DCBK2LA: Dude, I'm telling you. Like, when you...
[1:06:46] Ryan @Rlad1776: Imagine just getting the list two x in in six months.
[1:06:50] Dave @DCBK2LA: Yeah. A 100%. I don't know how people type anymore. Like, my... I have my earbuds in all the time constantly. It's voice mode. It's making sure that, you know, like, yes, it understood what I was saying. Sometimes half the time, I don't even know what I want, but I know that I should probably either... It's like bookmarking something. Right? Like, I'll bookmark it. Like, I'll come back to this. But now at the end of every day, yeah, like, we're... I'm sitting down having a conversation with Grok and be like, what did I bookmark? What did we talk about? Give me, like, what happened today. Right? Because by talking to it, it has a log and and, like, a record of everything. So I can now then just come and play back and be like, okay. Maybe I went off track here. Maybe I went off track there. This is the shit we really need to focus on. So keep this stuff and, like, let's keep it moving. So I can't do that, bro. I don't have the patience for that, like, if I just sat there and was just typing on the computer all day. No way.
[1:07:38] Landy @CryptoLandy: I just imagine you, Dave. I just imagine you go, what? Who are you? How did I get here? Where am I? And then
[1:07:46] Landy @CryptoLandy: just answering you and getting you back on track.
[1:07:49] Dave @DCBK2LA: Yeah. But I mean, you know how many times... Dude, I was telling these guys before, Landy, like, I can't even get a... Like, if I can get one clean thought out, like, every time I hit that button, it's a miracle. Because mid sentence, I have another thought. It's it's crazy. But without that, there's no way, bro. But, yes, I I get, like
[1:08:09] Ryan @Rlad1776: A little organized.
[1:08:09] Dave @DCBK2LA: Like, typing. Yeah. I I get, like, texting. Like, you you take a little bit more time. You're like, I have to be more clear, more deliberate, but that... It's it's just so much more time.
[1:08:19] Ryan @Rlad1776: So
[1:08:19] Dave @DCBK2LA: The whole point of AI is save time. Save time. Save time.
[1:08:22] Ryan @Rlad1776: Yeah. So that leads me to kind of the second question. Right? What are the second and third order effects of that from from an expectation standpoint of growing a business? Right? Let's say you're a 10 person company or a 15 person company or a 50 person company, and you're doing 3 to 5,000,000 a year, right, and you suddenly wanna compete on the same stage as some of the bigger players and you wanna get into those deals, do you strategically adopt AI and apply it very specifically to create a force multiplier? And so does that then lead to changing your expectations on employees? Does that have an implication on compensation? Right? Because the last thing anybody wants is to be working for some... Somebody, right, and just get more jobs dumped on them because they're now more efficient without getting compensated appropriately or or, you know, you know, in the right way. So, you know, these are the kind of the questions that I struggle with, you know, when I'm I'm talking to internal people or external people. You know? I mean, what what are those implications? Should we expect people to be more efficient now that they have access to this and still get paid the same dollar, number one. And then the alternative is to that, is this truly as deflationary as we think it's gonna be? Right? And I know there's a kind of big macro topics, and maybe I'm taking ATC off the rails. But I think these are questions that if you're in the business world or if you're around it or you're looking to get into it, like, these are the kinds of things that you need to be thinking about right after you learn how to use AI, in my opinion.
[1:10:24] Dave @DCBK2LA: Yeah. Go ahead, Lindy, and then I'll chime in.
[1:10:27] Landy @CryptoLandy: So I... You know that you and I have talked a little bit. So I'm I'm on a a contract for a little while, basically, to essentially replace me so that I don't go back on contracts anymore. It is a voluntary thing, but because of the the subject, I'm considered what's known as an an SME or a subject matter expert. My knowledge is valuable. And then when I get certain calls, I will take... Depending on the severity of the situation, I will take those. So one of the things that I'm involved in right now is a pretty... It it it started out as a small project that has now turned into a very large project to essentially replace what I did but train up the next generation. And I'm working with a team of engineers that are utilizing a specific AI platform that is creating an entire workflow for people. And what it allows them to do is one person can handle, you know, you know, 10 to 15 x the workload because of the way that the platform is constructed, and they don't really have to do a lot. They're just monitoring systems and making sure the tasks are getting done. And, you know, all the all the t's are crossed and the i's are dotted, that kind of stuff. Right? But, you know, they need to have knowledge about how these these systems and these dashboards work. And then, also, they need to have, you know, the specific domain expertise for that particular subject so that they know when things are not, you know, doing what they're supposed to be doing. Right? And we started out, six weeks ago with a team of 10. We have hired 45 people at this point. And now a lot of it was internal stuff to staff up the team, but now we're beginning another hiring phase. We're gonna be bringing in another 100 people, and that's gonna be primarily from, private sector into this particular sector. So I think that their their pay
[1:12:42] Ryan @Rlad1776: What would that have been pay pre AI? Pay is market value.
[1:12:46] Landy @CryptoLandy: Their their pay is market value for
[1:12:48] Dave @DCBK2LA: Okay.
[1:12:48] Landy @CryptoLandy: That particular job role still. So it... There's there's roughly a 100 job roles, by the way, that you get classified as for what you're gonna go into that does not change. It is government pay. You get a GS role for which you're gonna be getting paid.
[1:13:05] Ryan @Rlad1776: So you're saying roughly a 145 people, you're saying they're getting a 10 to 15 x return?
[1:13:11] Landy @CryptoLandy: They can do 10 to 15 x more than they could six weeks ago.
[1:13:15] Ryan @Rlad1776: So pre AI, that is almost 2,000 people.
[1:13:20] Landy @CryptoLandy: You're looking at a at a at a company. Yeah.
[1:13:24] Ryan @Rlad1776: Yeah.
[1:13:25] Landy @CryptoLandy: And when I I mean that, not in the business terms.
[1:13:28] Ryan @Rlad1776: But is the compensation commiserate? Meaning, if I'm doing 15 x
[1:13:32] Landy @CryptoLandy: You're you're not getting 15 x because you're not actually doing 15 x. You're responsible for 15 x.
[1:13:38] Ryan @Rlad1776: That... That's what I'm asking.
[1:13:40] Landy @CryptoLandy: Yeah. You're actually... And in many cases, they're doing less in in terms of actual work because most of the work is being done for them, and they are there to make sure that that work is being done correctly. So they're... What what happened was is you're you're not actually getting more of a workload. Your workload is changing because your workload is being handled by the AI primarily, and your your workload now is to make sure that everything that it's handling, it's handling correctly at that point.
[1:14:12] Ryan @Rlad1776: And therein lies what what I was trying to get at. That is the d, deflationary impact.
[1:14:21] Landy @CryptoLandy: Because you can produce way more with a much smaller team, but even then, it requires more people. Here's why. So what... I've argued this, and what you'll see is... We talked about this here a long time ago, is that you'll see jobs go away, and then they're gonna rebound and come right back. Because you... AI is not a be all end all. If you don't know how to... For instance, you get rid of your lead engineers and you're just gonna go with a bunch of juniors, what's gonna happen? Well, the juniors don't have the the all encompassing expertise that lead engineer might have had. So therefore, they don't even know how to get the AI to do the things that the lead engineer would want it to do anyway. Yeah.
[1:15:04] Ryan @Rlad1776: It becomes lord of the flies. Yeah.
[1:15:06] Landy @CryptoLandy: Yeah. You you end up with the lead engineer has to spec out everything for these different domains that then can be assigned to people to watch over it to get those things done. And then look, they're not just sitting there twiddling their thumbs. Right? Like, there... There's work to do, but they can handle a lot more work without actually, quote, unquote, handling that work. They... Their their job role has changed. And what it has allowed it to do is because you now... We can do things that we never were able to do before. We have more things that we can do, which means that we're staffing up more and more so that we can do more of these other things that have always been goals or priorities that were set off very far into the future and that didn't have a budget for. Now we can actually allocate budget to it because we're done with these other things, and we're just chugging along and moving on to more things. And we can actually expand into a 2,000 person team, but we can do the work of 10,000 or 20,000 now.
[1:16:02] Ryan @Rlad1776: Yeah. That's exactly the point I was
[1:16:03] Ryan @Rlad1776: trying to get to. Go go for it, Monique.
[1:16:06] Moni @monitalan: Just... I know Dave was gonna jump in, but just real real quick is I think the other part of it is that we have to rethink how things are restructured. Like, right, how companies are structured. So you may need more people to do different things like Landy said, or you may... You're still gonna have jobs, just different type of roles, different type of opportunities, but organizations are gonna be flatter. They're gonna be organized in different ways if you know how to capitalize and optimize with AI. And that's where I think a lot of people are are not stepping back. They're trying to just kinda use AI as a Band Aid and and try to do other things. But if you step back and look at what the opportunities are, where you have the needs, how you can scale with less people or with the amount of people you have, but you need to train them and ensure that you have the the proper goals. The other part of this, all these platforms are training around. I just saw an ad. I think I mentioned it recently about, you know, you know, using AI, looking for dentists to train AI models, and so they were looking for a 100 dentists. And so you think about everything that's gonna change, and I think the, the only limitation you have right now is your imagination.
[1:17:23] Landy @CryptoLandy: Monique, to that point, one of the... You said that they become flatter. One of one of the biggest problems that we, you know, came to... Came home to roost in q two of this year, and late last year was all of these companies that, you know, we heard about, like, how many tokens they rip through and the spend. Like, they would have been way better off just having people than than having less people spend a bunch of money on tokens. So what you end up with is, you end up in this situation where you gotta bring these experts back in because they're the only ones that can even create and manage these systems that would allow you... For you to fit within the budget, which requires you to actually have people. It requires you to have, in in some cases, more. It just depends on the job. Like you said, the role changes. You know, Microsoft was a victim of this in a very big way. And in fact, they, I recently had some conversations with some of them, over there. And one of the bigger things that, they're talking about doing, is reorging parts of the organization to actually bring back even some folks that have retired prior. They're trying to get that talent back because there's just some things that if you're a subject matter expert, even if you're not the one that's, you know, putting together all the AI platform and plan for how things are gonna flow and whatever the workflow is gonna look like for those units, you just don't have the subject matter expert to actually even give the AI. You'd spend, you know, hundreds of thousands of dollars in tokens to even get there when a subject matter expert can come in and say, hey. I built the rails of this thing. Here are all the things that you need to consider about it. Here's how you need to... You know, just having a... Have a conversation with the engineers that are putting these systems together. That's why... Look. I'm I'm an... I'm a dumbass. Like, why are they bringing me in and working with AI? I'm not working with AI. I'm working with the engineers that are putting all that stuff together, and then I'm absorbing a little bit of it through osmosis so that CoinCon can make fun of me.
[1:19:28] Ryan @Rlad1776: But but, Landy, your point is well taken, particularly about Coin Kong making fun of you. But... And I I do wanna hear other folks on on this topic. But, like, if you're an SME, if you're a subject matter expert in anything and you have an opportunity, just understand two things, I think, is at least the way I'm looking at it. Number one, you will ultimately go away. They will say thank you for your your your services and enjoy the rest of your life. The other thing I will say is when you go into that role, you parlay that or leverage that to make as much as you can as fast as you can, knowing full well that they're gonna say thank you for your services. Like, to me, that's the way I'm playing this or I'm going to play this shortly. You know, like, I know that my shelf life is
[1:20:29] Landy @CryptoLandy: to even get me in there. That's why. What you just said is why it costs so much to even get me to go back.
[1:20:34] Ryan @Rlad1776: Exactly. Right? So you want what's in my head so that I can train up something that can do, like, do... Or or has the knowledge that I have, you're going to pay me. And maybe it's one year, three years, maybe it's five years. I don't know. I'll make it last however long it lasts. Or at some point, you know, make me a janitor. I don't care. Maybe I still want the benefits. I'm not sure. Like, I'm getting close to that boomer age. But the point is, like, that's how you should be playing this. If you have in-depth knowledge of anything, that's how you should be going into this stuff. And that's the pitch. What Landy just talked about, that's the pitch. And I think a lot of companies don't even recognize this yet that that's the pitch, and they will when they can't fill, you know, fill open roles. And you have their HR or their, you know, the recruiting teams out there not able to fill roles because the comp... And that's what I was getting out earlier. The compensation is not commiserate with what your... The expectations are for that role. You want what's in my head? You want thirty years worth of of legal law firm software experience? You're gonna pay me. So I don't know. Toast or Samara, KoinKong, what do what do you guys got? Coma, David? Shit. I just called you David. Oh, now I owe a dollar 50 in Herbera.
[1:22:09] Coinkong @coinkong: I've been I've been pretty quiet the whole space, so I guess I'll I'll talk. You know? A little out of my norm. I've I've got a lot of stuff going on today. I will say... First, I'd like to speak on the agents having bank account information. My agent literally ran my entire payroll today, has full access to my business account, and I built an app outside of Stripe and getting r and d credits from ADP to build an application because I am actually building an application app. I have all the stuff wrapped into it. So I actually have agents that do, and it it it filed some taxes for me today. So I will say I'm on the opposite end of you guys. We are there. You just have to have the assholes building, not be assholes. Like, literally, like, just don't be an idiot. Right? So, you know, you build with full access, you know, some kind of guardrails, but, like... Listen. Like, if I can go into my phone and be like, hey, guys. How are doing today? Like, I need the quarterly taxes pulled up through my payroll. Can you can you go ahead and look at that? Like, I I... It it saves me a few hours having to do that. So I would say... I'm gonna say... I was, like, kinda just staying quiet because, like, I'm on the opposite end. Like, we are there, and I think you just have to do it in a way... Like, I don't know. Yeah. Like, they go rogue. Right? But, like, there's always there's always safeguards to doing it. Like
[1:23:55] Ryan @Rlad1776: I Have you have you...
[1:23:56] Coinkong @coinkong: I don't don't even figured out
[1:23:57] Moni @monitalan: what will
[1:23:58] Ryan @Rlad1776: What... After the year's over, have you sat down and figured out what you make per hour? And I'm not asking for a specific, you know, any any specific number. But, like, have you figured out what your time is worth is, I guess, the question I'm asking?
[1:24:15] Coinkong @coinkong: I... Yeah. So for me... And some of you guys know me here, some of you don't. And, like, honestly, like, know, I'd say, like, I I call bullying and stuff like that, but, like, I'm an actual business owner. I have three businesses. I've been a chef for thirty years. I had 18 restaurants at one point. I've got a national business doing... Running a meal prep company. I'm buying... I'm actively buying AI robotics to plate my meal prep company food so much to the point where I, like, was able to let twelve twelve people go. And it ended up being, like, 26 because I had a bunch of part part time guys. But, like, I don't know. Like, it's here. And to Landy's point about, like, you know, what is your time with? And then, like, to to your point also is, like, yeah. I mean, I don't even show up... Like, I get called from consulting jobs all the time as a chef for... In in the industry for so long. I I don't even show up to talk to you for an hour without a $500 in my account. Like, I'm I'm just not doing it. And even so, like, how far do you wanna go? I mean, like, that's not a lot unless you're in the hospitality business. For for hospitality, that's, like, a good amount if you're sitting down for, like, a consulting. Like, hey. Give me your ear for an hour. Right?
[1:25:33] Landy @CryptoLandy: Bro, $500? I... Let me...
[1:25:36] Landy @CryptoLandy: Help me open a restaurant, bro. $500 consulting would.
[1:25:40] Coinkong @coinkong: And honestly... But that's that's just to talk to me. You know what I mean? Like, what's your goals? Let's see if we can work something out. I mean, my
[1:25:48] Ryan @Rlad1776: Yeah. And that's my point. Like, you... You're looking to maximize that. Right? I mean, at the end of the day, that's how you're successful or not.
[1:25:55] Coinkong @coinkong: Yeah. And that's and that's exactly why, like, me personally, like, why I'm giving access to all this stuff through through my agents because I wanna be ahead of the curve. Right? Like, I'm actually in... It's on my profile. Like, I'm building a restaurant app that is going to rival Toast, if any of you guys know what that is. Like, it's gonna have payroll integrations to ADP, which I'm already r and d ing. I mean, like, I'm gonna get my SOC two certification for database security. Like, I'm like, I'm not an idiot. Right? I I know I act like one on Twitter, but, like, you know, I'm I'm an okay okay dude. Right? Like, I tread lightly. Like, you know, I play I play a role on Twitter, it's fun. But that's the thing. And, like, to your point is, like, that's why I'm trying to get ahead of it. So I'm already starting to use the equipment. So when all these other meal prep companies or restaurant companies or any kind of hospitality stuff wanna be like, well, who do we know in AI? I want all roads to lead to me. You know what I mean? Like... And that's what I'm trying to set up because, like, for my background, I worked I worked for two of the top 10 chefs in the world. I did two and three Michelin Starrett restaurants for ten years. Right? Like, my background training is already crazy when people wanna talk to me. They're like, I I can't believe it. Right? So... And like you said, like, I'm just trying to put myself at the forefront of all of this. I would rather fuck up now than have to figure out how to fuck up later when someone else is... Like, when I'm trying to teach somebody to... What to do.
[1:27:31] Ryan @Rlad1776: Yeah. Because You know
[1:27:31] Coinkong @coinkong: what I mean?
[1:27:32] Ryan @Rlad1776: Because I get The later the f up, the more expensive it is. 100%. Yep.
[1:27:39] Moni @monitalan: But you already know what you're doing. Right?
[1:27:41] AlphaGamer @AlphaGamer_sats: Like, you
[1:27:42] Moni @monitalan: know the safeguards. You you know what you wanna give access to. The the... I think the challenge or the concern is for the peep for people who still have 1234 as their password, right, who are giving access to
[1:27:54] NatNat @Natnatx007: go back and forth.
[1:27:54] Bread @_ToastMalone: Now I gotta change it again.
[1:27:57] Moni @monitalan: So I think that's where you're like, people who are not thinking about the risks, who are not putting the guardrails, those are the people that are getting hacked or get... Right. Anyway, I think there's a lot of issues that where we have to educate people. But you know what you're doing, so that's why you're letting your agent pay your taxes and your
[1:28:18] Coinkong @coinkong: payroll. Yeah. I mean, you know, there's always safety guardrails, but, like, it's not all... Like, it's not always safe. So I'm still running the same risk because it's so new. Right? Like, I'm just trusting that my process is better than the person who... Who's an agent went rogue. You know what I mean? But I have no way to guarantee that. So, I mean, like, it's always just try it and fail it. You know? Like, oh my god. You lost so much money, but, you know,
[1:28:47] Landy @CryptoLandy: it's okay.
[1:28:48] Coinkong @coinkong: I learned, and I'm building, and I'm not gonna stop doing that. You know what I mean? So I'd rather be ahead of it than than behind it.
[1:28:54] Ryan @Rlad1776: Well, I mean... And and who would have thought that somebody in the food service industry... I don't know if if I'm No. If that's wrong. If I'm saying that wrong. But, you know, like, in the industry that you're in, who would have ever thought that somebody in that industry would be kind of tip of the spear? Right?
[1:29:15] Coinkong @coinkong: Absolute... Absolutely. And and I'm gonna I'm gonna say this too. Like, outside of this, like, I've learned so much. So Toast Toast... Mister Toast Malone saw me at the beginning of my AI journey. Right? He saw me when I didn't know anything, and that was just January. Right? I was using GBT just like a chatbot. Right? So, like, it's just... I'm in a different place. Right? Because, like, technically speaking, like, chefs are not technically sound. Like, we are retarded. Like, we don't have good grammar. We'd swear a lot, and, you know, it's hard to communicate with people. So, like, I just feel like being ahead of it in my industry is such a big freaking deal, man. Like, it's such a big big deal. And, like, I don't know. No. No.
[1:30:06] NatNat @Natnatx007: I don't know where I
[1:30:06] Coinkong @coinkong: was going at, but, like, I just I couldn't agree with you excited. Like, I'm a dangerous fucking man with with information. The... And that has always been me. Like, if I have information at my fingertips and all I wanna do now is build shit and... You know?
[1:30:28] Coinkong @coinkong: Got a phone call. Sorry about that.
[1:30:33] Ryan @Rlad1776: Yeah, man. I... Like, I couldn't agree with you more. You know, it... It's not one of the tip... Like I said, it's not a tip of the spear industry. You know, you don't think about
[1:30:41] Coinkong @coinkong: Yes, sir.
[1:30:41] Ryan @Rlad1776: People being on the forefront there. But at some point, right, these models are going to or or companies are going to go downstream and create specific model solutions for these vertical industries. Right? And when that time comes, you and what you've done and how far out in front of the pack you are, like, people are gonna tap you on the shoulder and pay you big money for that. Right?
[1:31:16] Bread @_ToastMalone: I think Yeah. Coincong shot you a DM, buddy.
[1:31:18] Coinkong @coinkong: Yeah. And I... Sorry. I got a phone. I I... Yeah. I got a... No problem, bud. I got a phone call, so I wasn't able to finish
[1:31:26] Dave @DCBK2LA: It was
[1:31:26] Ryan @Rlad1776: just a game call. But,
[1:31:28] Coinkong @coinkong: yeah, it was actually it
[1:31:30] Coinkong @coinkong: was actually my lawyer.
[1:31:32] Dave @DCBK2LA: Like I
[1:31:32] Ryan @Rlad1776: said, a scam call.
[1:31:34] Coinkong @coinkong: To to actually talk about the the scam call for for sure. And
[1:31:42] Coinkong @coinkong: Yeah. I'm just excited. And that's how it is. Like, Toast is, like beginning all the way to the fact that, like, I'm building a home server. I'm game. I got, like, four on the way. I got two DGX sparks. I got, basically, it's, like, $15,000, AI tower sitting at my house running local and non local models. And, like, I I built my own memory system. Right? Like, you guys see, oh, do this with I built, like, a six layer memory system that has 46,000 downloads, and it, like, it it beats almost every benchmark out there, but I'm a fucking nobody on Twitter. Like, you know what I mean? Like, you like, I don't talk about that stuff. Why? It's go download it. It's it's fun. Right? But, like, I don't that I was having before. So it's like just industry or starting a new one, it's just like I'm that I can help people not spend the money on. Bro, I don't know. I just always wanna help people, and, like, I just appreciate being able to have the information to do it at my fingertips. You know what I mean?
[1:32:54] Ryan @Rlad1776: Yeah, man. And whatever you call this company, I think it needs to be called the one inch boner just if I I had to throw that in there. Sorry, Matt.
[1:33:03] Coinkong @coinkong: Hold on. Do you know... Do you guys know like, it's an an Italian beer lettuce?
[1:33:10] Ryan @Rlad1776: No? Okay.
[1:33:12] Coinkong @coinkong: Well, it's my d dot io. It's a play it's a play on words. So
[1:33:19] Landy @CryptoLandy: I literally walked over and plugged my computer into Ethernet because I thought it was me, and it was going conk. All I heard was something about lettuce there.
[1:33:29] NatNat @Natnatx007: Coin coink conk just so
[1:33:31] Landy @CryptoLandy: you you.
[1:33:32] NatNat @Natnatx007: Just so you know, coink conk. Yeah. Joking bait. Ryan won't tell you this, but he told me to tell you that when he holds, fines are, like, 1.5 x.
[1:33:48] Ryan @Rlad1776: Unless, coin kind, I get early access to the seed round, at which point, I will reduce your fines to point five x.
[1:34:02] Ryan @Rlad1776: Is that fair? Like, do do I have that stroke as the the host, Dave? Is that alright?
[1:34:09] Coinkong @coinkong: I mean, no no one's... No one here has ever sent me an early CA. Like, what the heck? Like, why is this not me?
[1:34:18] Ryan @Rlad1776: Me neither. I'm still
[1:34:19] Dave @DCBK2LA: I will.
[1:34:20] Coinkong @coinkong: So two two so there are two other things going on right now. Yo. My my... This last vest account, I came $120 of liquidating the thing, and I ran it all the way up, and I... It's it's it's completely flat. So from in, like, a day and a half, it was it was actually kinda fun. And then also, like, I don't know if you guys are on PST. Like, me, and a couple of my guys have been running spaces in the morning. Damn. We're we're killing it right We're getting about a 150 to a 175 people in the morning between, between our space. We've been doing about a week and a half, almost two weeks. If you guys are ever up and awake in the morning, feel free to stop the room, man. We love we love talking to smart people. We're all we're all degenerates, and and the space, you know, is kinda crazy sometimes, but we like to talk smart shit every once in a while. You know what I mean?
[1:35:15] AlphaGamer @AlphaGamer_sats: Yo. I gotta head out. It's been fun listening to, everyone. My hand fell off, and that's why it's not up anymore. I just said fuck it, left it on the ground, chopped off. And, yeah, through up top, earlier, we were talking about the billionaire's tax and how it's not gonna do anything because people like Larry Page will just go buy property in Florida and go live there for six months in one day. And then the billionaire tax will come to the millionaires. And then and then it'll come all the way down to the blue collar workers who voted to pass the damn tax to begin with. Because, you know, people are cheap and don't know any better because they just follow the ads that are brainwashed into them on commercial screens. But, yeah, I just wanted to throw that out there. And... Yeah. Good job, Brian. Hosting the
[1:36:10] Ryan @Rlad1776: Thanks, man.
[1:36:10] AlphaGamer @AlphaGamer_sats: Hosting the show today.
[1:36:11] Ryan @Rlad1776: My apologies. I did not see...
[1:36:13] Ryan @Rlad1776: I thought I brought
[1:36:14] Ryan @Rlad1776: you up, but I just kept seeing you as a listener, man. My apologies.
[1:36:19] Coinkong @coinkong: I didn't see a I didn't see a hand. I wasn't even talking.
[1:36:23] AlphaGamer @AlphaGamer_sats: But I... Oh, and then the other thing is, you know, it's it's a bloodbath out here. Across my fee now, in the aftermarket, I'm just seeing the Asian markets just got completely kicked in the nuts, curb stomped at this point. And, yeah, it's bad. Cosby's way down. South Korea way down. I mean, jeez, it's it's a bloodbath out here. And, yeah. You know, if if you were paying attention to the auctions and the bond markets, right, They were kinda calling this out, the canary and the go... You know, the canary, and here we go. Right? The very very next day after the twenty year, you know, this is the consequences. I mean, I was even watching... I don't know if you guys are watching too. Bloom Energy was aftermarket today, and they actually they actually
[1:37:14] Ryan @Rlad1776: did really good.... Double beat and raised, like, on a on a previous... I
[1:37:19] AlphaGamer @AlphaGamer_sats: mean, jeez. I mean, how much better do you need to be? I mean, they they crushed their their earnings. The only thing I saw that was bad was their cash flow was negative. But other than that, you know, yeah, I mean, it was a double beat, and and they're in the red. You know? So it's like, you know, either... Pretty much it was priced in and investors are like, nope. You know, we wanna see cash flow for everything that's going on. I mean, if if you have a double beat and you're still in the red due to macro, you know, stuff that's going on, then... Yeah.
[1:37:53] Ryan @Rlad1776: This... Double beat now....
[1:37:55] AlphaGamer @AlphaGamer_sats: Is looking pretty kinda kinda rough.
[1:37:56] Ryan @Rlad1776: Double beat and a reraise. Like, that's the crazy.
[1:38:02] AlphaGamer @AlphaGamer_sats: Yeah. So it's like, you know, so so so so for me, I'm looking at this, and I'm like, okay. If if if that's what you gotta do and you're still in... Like, getting pushed down. Right? It's just kinda like, oh, like, this is not looking too good.
[1:38:20] Ryan @Rlad1776: I know you got your hand up. I'll tell you. I've been saying this probably for a year now and, like, Kwonkong, like, your journey is pretty inspiring. My TA journey started January sixth of this year. I was on a space with the Wolf crew, and Bits kinda challenged everybody. He said bear markets are for building, and I challenge everybody to find something. And I've always been a fundamental kind of investor. I really care. I I kinda cared, but I really didn't care where I bought. I just knew that the... From a macro standpoint, this is where the money was gonna flow. And so I went down this journey, and and I'm still a noob. But, you know, I've learned a lot, and I'm starting to see things kind of in Technicolor, which is great. And I'll get better at it. So your your story is absolutely inspiring. Like, you can do... You can just do shit. Right? I go back to Elon. You know, I remember that weekend where he's like, hey. Wikipedia. I'll buy you guys for whatever it was, a 100,000,000 or 10,000,000. And they came out publicly and said no. And he's like, okay. I'm gonna create Krokopedia. And within, like, six weeks, it had half as many visits as Wikipedia did. Like, you can just do stuff. So I highly encourage the audience to keep doing stuff. There are a lot of people on this space from Dave to Nat to Landy to Samara and Toast and Milo and Cool and all the way down the line, DocNooNoo and Moni. I mean, these people are just out here doing stuff. So do not restrict yourself. And so that's my my old man PSA for the day. But, yeah, gamer, like, it's kind of a crazy thing, and we're seeing a flight to safety right now. You know, we called the... I think we called the bottom of the rates between me, Nat, Landy, and everybody else that participated on the TLT right around 76, 70, 75, and it's been ripping. So, you know, protect your capital, be smart, and, the next leg up is coming because I don't think the Fed's gonna raise. I think we're heading for a cut probably q one of this year. Anyway, go for it, Nat.
[1:41:01] NatNat @Natnatx007: Yeah. So two things. One one thing that I've noticed companies with, negative cash flow, they're getting punished. So no matter if they beat, they can triple raise, right, as long... But if they... Their their cash flow is negative, seem... They seem to be getting punished. Right? Which makes sense. Right? You don't you don't want a company with negative cash flow. The other the other thing I wanted to remind everyone, I don't know if I don't know if Dave is here, but we do have that big vest space, the vest week ever space, and it has been gaining a lot of traction. It was reposted by the vest main accounts, and we've had a whole bunch of people just setting up reminders and commenting on one of these posts, and they comments on on can... Can't post as well. And one thing that's beautiful with these... With the vast space is that every week for the last two two weeks, we've had incredible individual chime in, give their strategy, give their stories, how how they're profitable, how many accounts. And it's always beautiful to hear those things because they can be, in some way, very inspiring. Or even like you said, Ryan, with someone that wants to keep doing something and and continue to chug along, it's always good to to hear from people that have been doing it and have been doing it a long time that are really successful in doing it. So every week, there's been a beautiful story, someone that comes out, someone that shares. Last week, we had Vest main account come up and gave us some beautiful rundown. They gave it... They broke down the numbers that they were doing, some of the insane payouts. Right? So, guys, don't miss tomorrow's space. You just never know. Also, I added the the the link in the comment section, code ATC for those that wanna sign up.
[1:42:32] Ryan @Rlad1776: Yeah. So, Nat, maybe, you or Dave, and then we'll jump to DocNooNoo. Can you guys just talk about those? Because I saw you guys posting about it today. Looks like there's a couple of 50 k trading accounts that are available. I don't know. Can you just kinda give her a quick rundown on what it's all about and and, you know, how do you sign up? How do you do it?
[1:42:58] Dave @DCBK2LA: Yeah. I got you. Finally, my nose doesn't feel like it's gonna fall out of my face right now for five seconds. So, Cam, one of the guys that we work with, obviously, over at Vest, is doing a giveaway and and reached out to me and said, hey. We wanna do this giveaway on the show, which means everybody's eligible to do it. You just have to make sure that you're following the right rules. We're gonna we're gonna have our own giveaway as well. I don't know if it's gonna be next week or not, but there will be ours as well. But you guys can absolutely 100% still participate in this giveaway. It's pinned up to the nest at the top as well as down below, but here's what you have to do. You have to go follow... Like, where you... Like, of the tweet that I tagged up top, I put the rules in the comment section, which is Cam's post, how you can potentially qualify. Now am I willing to crime this up for somebody if I'm left in charge? Potentially. You might... I mean, it's gonna cost you a little bit, but I might be willing climb it up. I'm just letting you know. Now what this gives you access to back to our regular program is a 50 k simulated account, meaning you will have access to a fake $50,000. Right? And you will trade that $50,000 under very specific parameters. You can't lose more than $3,000 in the account or else it shuts down completely and you're done. Right? Pretty... I think that's the only one. But if you make $5 before that, then boom. They all of a sudden set you over where now you could be trading with real money, and the money that you make is profit that you can then take home. Whether it's an 80% split or 90% split, completely up to you. So, I mean, it's a lot of money. I don't know about you guys, I don't got $50 laying around just being like, let me go play around in the markets today. Like, it just doesn't happen.
[1:44:41] Ryan @Rlad1776: That's kinda what we What's the drawdown, Dave?
[1:44:45] Dave @DCBK2LA: The drawdown... Like, so you can customize your own, but as far as the giveaway... The accounts that they're doing giveaways with Yeah.
[1:44:51] Ryan @Rlad1776: So I'm
[1:44:52] Dave @DCBK2LA: talking no daily. The max drawdown, I think, is 3,000.
[1:44:55] Ryan @Rlad1776: Okay. So it's basically, it's like, what, half a percent or or point 6% you can draw down?
[1:45:03] Dave @DCBK2LA: No. More. No. It's six per... It's probably 6%. Probably an actual 6%. Yeah.
[1:45:09] Ryan @Rlad1776: Oh oh, 3,000 daily. Okay. I got it. Got it. Yeah.
[1:45:13] Dave @DCBK2LA: $3.03 3,000 is max drawdown with no daily loss limit. Normally, daily loss
[1:45:18] Ryan @Rlad1776: limit is
[1:45:18] Dave @DCBK2LA: about half of what your max drawdown is, but I think that, like, they're realizing that with the spreads and with the slippage that they have on vest, they can't really... It's gonna be... The the noise is gonna get really loud really fast if they kept doing it that way with 36%, and it's automatically shutting down.
[1:45:34] Ryan @Rlad1776: So Got it. And if you make 10%, which is the five k you're talking about
[1:45:39] Ryan @Rlad1776: You pass the eval.
[1:45:40] Ryan @Rlad1776: You pass the eval, and you get funded.
[1:45:42] Dave @DCBK2LA: Correct. Exactly. And then you... And then the same exact parameters that you... That apply to you on the eval account now apply to you on the funded account, but any money that you genuinely make that you actually make. If you have a profitable trade that you made $1,500 on, you're gonna get either 80 or 90... Whatever the split is, either 80 or 90% of that money that you can withdraw immediately, when I say immediately within twenty four to forty eight hours, to your wallet.
[1:46:08] Ryan @Rlad1776: Right. So if you if you get funded, if you pass eval and you get funded and you have a $5,000 day, right, let's say... I don't know what the numbers are. I haven't looked into it yet. But let's say they take 20%, you get 80%. So you can withdraw $4,000 off that $5,000, and you'll get paid within twenty four to forty eight hours. Is that correct?
[1:46:33] Dave @DCBK2LA: That is that is correct.
[1:46:35] NatNat @Natnatx007: That's after the account is live, though. So you need to make 5,000 just for the account to be live. You cannot withdraw anything. It's like just the test. Once you pass the test and you make an additional 10%, that you can withdraw. 80% or 90% depending on what
[1:46:49] Ryan @Rlad1776: you're argue a case in a in a law... In a a court of law until you actually pass the bar. So you gotta pass this bar. And then as long as you don't lose that 3,000 and you make 5,000, you get funded. And then as long as you keep making money, you can withdraw whatever the rules are, 80 to 90.
[1:47:11] Dave @DCBK2LA: No minimum. And there's no minimum. Right? Like, you you make $50 on a trade, withdraw. Like, take your money. Go. You know? You make $7. You make $700. You make 7,000. Withdraw your money.
[1:47:22] Milo @0dteSPY: So I just need one trade. Right?
[1:47:25] Dave @DCBK2LA: Yeah. I mean, if that's the way you wanna look at it.
[1:47:27] Ryan @Rlad1776: So so you're to 50 k. Back up now. Now now now we're talking money. He shows back up. He left me hanging for all these hours. Let's go, Mario.
[1:47:39] Milo @0dteSPY: Look. You guys were droning on about AI and whatever the fuck it was. It might as well have been flux capacitors and dielectric fluid.
[1:47:48] Ryan @Rlad1776: You want me to go to dielectric fluids? Because I can do that.
[1:47:50] Dave @DCBK2LA: Wait. Did you open your account yet or not? You asked a lot of questions. Did you open your account yet or not?
[1:47:55] Milo @0dteSPY: So so this is why I have to understand. I went into the section in my wallet because I thought this was based on crypto, and I signed up. But then I'm like, well, I don't know if it needs to be in my crypto wallet or not. So I'm not sure if I signed up.
[1:48:12] Dave @DCBK2LA: No. No. No. You pay via Stripe, bro. Like, the... You you withdraw to your crypto wallet, but to fund the account, you pay via Stripe or whatever, like Apple Pay or whatever.
[1:48:22] Ryan @Rlad1776: So what's the what's the fee, Dave? Is there a fee on these two? So
[1:48:26] Dave @DCBK2LA: so in order to... Like, if you wanted to... Let's let's just say you wanted to just purchase an account. Right? Like, you wanted to actually purchase an evaluation account, you absolutely 100% can do that. It is... Now you can create your own, but the standard ones, like, for the link that me and Nat have when you click on the all things crypto one, it's gonna take you to a place where you're gonna see two different things. You'll see instant accounts, which is the money you put in is the money you have available. Right? The evaluation accounts let you trade for... With with, obviously, like, more money. Instant accounts is like, that's real money. That's your money that you're putting in. Evaluation accounts, can buy at a $5,000 clip, a $10,000 count, 25, and now 50 k. Now you can choose which one. So, Milo, whichever one you wanna buy, you feel comfortable with, like daily drawdown, max drawdown, you don't want one, like, up to you. Click the create custom. Yeah. It's got... Yeah.
[1:49:21] Milo @0dteSPY: I want it for free. I mean, come on.
[1:49:23] Kool @koolcryptovc: That's not right. About here. Right? What's up, bro?
[1:49:25] Moni @monitalan: Kind of
[1:49:25] Dave @DCBK2LA: a counter. I want the free account. Yes. Break out that I want. Over this guy. Ryan asked the question.
[1:49:30] Ryan @Rlad1776: Yeah. There's certain questions you don't ask during a sales meeting. That's one
[1:49:33] Dave @DCBK2LA: of them. The deserter. I can't believe you. You left Ryan up here all by himself. You deserved the same.
[1:49:38] Milo @0dteSPY: Did not. I was sitting there the entire time.
[1:49:40] NatNat @Natnatx007: You guys
[1:49:40] Dave @DCBK2LA: Servicemen about
[1:49:41] DocNooNoo @doc_noonoo: nerd shit.
[1:49:42] Dave @DCBK2LA: Servicemen. We started Honestly,
[1:49:44] Milo @0dteSPY: I I started watching TV.
[1:49:46] Coinkong @coinkong: I watched Bob's Burgers.
[1:49:48] NatNat @Natnatx007: Do you hear that, Ryan? He left you to watch TV.
[1:49:50] Ryan @Rlad1776: Yep. I know. That's... Apparently, we're we're not riding. We're dying. Watched. Yep. I got it.
[1:49:58] Milo @0dteSPY: Well, the flux capacitor and the the bots and the... You know, come on, man.
[1:50:04] Dave @DCBK2LA: Come on, man.
[1:50:05] Dave @DCBK2LA: Yeah. You got Come on, man.
[1:50:06] Ryan @Rlad1776: Out here, like like like, re re rejiggering an entire industry. He's gonna be a katrillionaire, and you're out here watching TV and you're not listening to his alpha. What are we doing? Yo. Andy talking about, like, a botnet doing multiplier on workforce. Come on.
[1:50:28] Dave @DCBK2LA: Yeah. Yeah. Yeah. Listen. $150 for the gold account. Okay? You create your own. It's an 80% split. You don't have a daily loss limit, Milo. Okay? You only gotta make 10%. You make a thousand bucks. Boom. You get funded for a $150. Free. You you could...
[1:50:45] Milo @0dteSPY: Where's the free account? I gotta blow my numbers.
[1:50:48] Dave @DCBK2LA: This is the... Did you never hear to say there ain't no such thing as a free lunch? No. No. I gotta blow an account.
[1:50:54] Milo @0dteSPY: I gotta blow up an account first so I can understand how this thing actually works, and then I'll go
[1:50:59] Moni @monitalan: ahead and spend $5. Get
[1:51:01] NatNat @Natnatx007: get the $500.
[1:51:02] Ryan @Rlad1776: That's the cost of doing business, Milo. Yep.
[1:51:04] DocNooNoo @doc_noonoo: Me and Milo are gonna win those two accounts tomorrow. That's free.
[1:51:07] Ryan @Rlad1776: Sorry, DocNooNoo. You go ahead. Milo jumped in. He was very rude while on TV. Just... He heard money, and he perked up, apparently.
[1:51:15] DocNooNoo @doc_noonoo: I mean, I actually... I came up to ask how I can win those accounts, and you kind of answered the question. But just to be clear, like, what what is the leverage... Max leverage on these 50 k accounts?
[1:51:25] Moni @monitalan: 50 x?
[1:51:26] Dave @DCBK2LA: Depends on the ticker. On certain ones.
[1:51:28] NatNat @Natnatx007: It depends on the ticker. Yes.
[1:51:29] Dave @DCBK2LA: Yeah. Yeah. There's no 100 x across the platform. 50 x on certain names they'll give you, but across other names like BTC, I think now the most is 25 x. It's... It it depends which name.
[1:51:42] DocNooNoo @doc_noonoo: So, like, if there's
[1:51:43] DocNooNoo @doc_noonoo: a 50 x, we're actually paying with $2,500,000?
[1:51:46] Dave @DCBK2LA: That is 1.2... Well, on a 25 account, you'd be playing... Yes. Tech... On a 50 k account, 2,500,000. Yeah. That's a lot of money per point. That shit moves against you with a little... That thing stutters or sneezes. You might be blown out.
[1:51:58] DocNooNoo @doc_noonoo: Me and Milo have our names on those accounts. Nobody bothers you. Yeah.
[1:52:02] Ryan @Rlad1776: Just so you're right. In two point five, they take their cut, plus you gotta remember slippage. And, yeah.
[1:52:12] Landy @CryptoLandy: Slippage? Anyone else printing on these TLT?
[1:52:17] NatNat @Natnatx007: Let's go.
[1:52:18] Ryan @Rlad1776: Bro, Let's We
[1:52:21] Coinkong @coinkong: love you. All my shorts are fucking way green right now.
[1:52:25] Landy @CryptoLandy: Oh, yeah. But I I mean, TLT is technically a a short on yield, but, you know, it's a long on bonds. I'm seeing six
[1:52:36] Ryan @Rlad1776: seventy on Rinting. Or seven seventy on SPY tomorrow, just FYI.
[1:52:41] Landy @CryptoLandy: You're you're seeing that? Yep. What what what are you seeing?
[1:52:45] Ryan @Rlad1776: I just... I I think we're gonna sell off overnight, and then tomorrow, you're gonna get a bounce.
[1:52:51] Landy @CryptoLandy: I mean, the buyback was decent on the past two days. It when it when it did dip down, he had the initial buy off 77,665, and then now another buy... As long as it's above $7.60, it's fine.
[1:53:10] Ryan @Rlad1776: Yeah. $7.57. You don't wanna lose that because that's a twenty one day tap.
[1:53:15] Landy @CryptoLandy: Well, I would argue that it wouldn't just be a twenty one day tap. I would argue that it's gonna... If it's gonna go to $7.60, it's gonna go to $7.55, because that zone is very, very, very stacked.
[1:53:28] AlphaGamer @AlphaGamer_sats: Yeah. Yeah.
[1:53:28] Ryan @Rlad1776: That's what I'm talking about. Seven fifth... I I got it at seven fifty seven. If you lose that, you're going to seven eleven. So Literally, seven eleven.
[1:53:36] Landy @CryptoLandy: But, yeah, you're gonna have to kiss your... Bend over and kiss your your booty goodbye on that side of things. If if this thing rolls through seven fifty
[1:53:46] NatNat @Natnatx007: You know what didn't bleed out, though? You know what didn't bleed out? Nike and Under Armour did not bleed out. Neither did all. You
[1:53:53] Landy @CryptoLandy: know what else didn't
[1:53:54] NatNat @Natnatx007: bleed out? Didn't bleed out?
[1:53:56] Landy @CryptoLandy: What? Home Depot?
[1:53:57] NatNat @Natnatx007: Home Depot didn't bleed out.
[1:53:58] Landy @CryptoLandy: Come on.
[1:53:59] NatNat @Natnatx007: PENW didn't bleed out. Boring. Telephone didn't bleed out.
[1:54:02] Ryan @Rlad1776: Can I do my boomer take right now?
[1:54:04] NatNat @Natnatx007: Yes. So then then I I
[1:54:05] Ryan @Rlad1776: look at the Dow Jones, the DIA. Over the last month. It's up two
[1:54:11] DocNooNoo @doc_noonoo: and a
[1:54:11] Ryan @Rlad1776: half percent. Let's go. Rotation.
[1:54:14] Landy @CryptoLandy: That's all it's been. And then you had you had an internal market rotation towards dividend paying stocks, towards staples. And then what did you see? You saw a dash to cash roll right into the treasuries and then up the yield curve. I set it on Monday or... Yeah. It was Monday. I set it. I even clipped a little portion of that talking about TLT and IEF because you could see it. The writing was on the wall. It's been on the wall for a while.
[1:54:43] NatNat @Natnatx007: Yeah. I posted about, TLT. I think it was in in March of this year. It took us a while to get this move, but it it was worth it. That's why we usually buy LEAPS. And the good thing about TLT is that the LEAPS are super, super cheap. They were cheaper when it was a building out. Right? So now they're kinda getting up there, but still worth it in my opinion. Right?
[1:55:01] Landy @CryptoLandy: But the reality is Yeah.
[1:55:03] Ryan @Rlad1776: I'm I'm up six... Almost 600% on my
[1:55:05] Coinkong @coinkong: Yeah.
[1:55:05] Landy @CryptoLandy: Well, the reality is not... Is everybody's buying, bonds and Home Depot stock. And the reason why is because everybody's all scared of all the security incidents, so they're running to Home Depot so they can make shift build a bunker.
[1:55:20] NatNat @Natnatx007: And that... That's that's why, Penn w was off because of the cybersecurity. Penn w is a cybersecurity stock. FTNC. Ryan, great show. I do have to jump. My babies are waiting for it. But great conversation. You did absolutely amazing.
[1:55:35] Ryan @Rlad1776: Yeah. Hope... Hopefully, I did you all proud. I'm happy to jump in and and, pick up, whenever y'all got other stuff going on. I certainly appreciate all y'all coming in. And, you know, most importantly, I just appreciate appreciate you guys, like, willing to bring me into the family. So Aw.
[1:55:55] Dave @DCBK2LA: Thank you, Randy. You did
[1:55:56] Coinkong @coinkong: a you did a great job today, brother.
[1:55:58] Dave @DCBK2LA: Yeah. Thank Randy for, screwing it up, and, you filling it for... For the record, you covered Randy. You didn't cover the rest of us, like, because we're here, just so you know. Like, Randy is the one who dropped the ball. Just wanna make that clear for you.
[1:56:07] NatNat @Natnatx007: Randy, he wanted me to... Ryan wanted me to tell you that you see how this is his first space, and he got the purple pill. He wanted it to be a shot directly at you. I told him I wasn't gonna say it, but, you know, the opportunity
[1:56:18] Dave @DCBK2LA: wasn't even an admin. He was a delegate.
[1:56:20] Landy @CryptoLandy: Yeah. Well, you know, I'm not even an admin
[1:56:25] Dave @DCBK2LA: Exactly.
[1:56:25] Landy @CryptoLandy: As far as I
[1:56:26] Dave @DCBK2LA: can can see.
[1:56:26] Landy @CryptoLandy: Yeah. Oh oh, thanks.
[1:56:27] DocNooNoo @doc_noonoo: Thank
[1:56:27] Dave @DCBK2LA: you. No. You you are you are an admin. Is
[1:56:30] Ryan @Rlad1776: a bear.
[1:56:30] Dave @DCBK2LA: You are an admin.
[1:56:31] Landy @CryptoLandy: Even get the purple pill. What the hell? What is that nonsense?
[1:56:34] Dave @DCBK2LA: You don't have the password. You're an admin.
[1:56:37] Landy @CryptoLandy: Yeah. This is... Yeah. How about you give me the password so I can
[1:56:39] Dave @DCBK2LA: actually 1234.
[1:56:43] Landy @CryptoLandy: Know, clunk is gonna be running the next phase as it turns out. But... Yeah. Look. Yeah. You did a great job, brother, and I'm glad that, glad that a decent crowd showed up for you as well. So
[1:56:57] Moni @monitalan: Great job, Ron. Just say,
[1:56:58] Ryan @Rlad1776: well, thank you very much. I appreciate all y'all. I mean, you guys have been, for somebody who doesn't do this all day every day, you guys have been really, really, really, really
[1:57:09] Dave @DCBK2LA: to dug out for half hour.
[1:57:10] Landy @CryptoLandy: You do that. I'm not letting you do that. So Ryan spends nine hours out of an eight hour workday on Spaces, and then he's gonna be like, oh, you know, it's my first time. Like, it just popped his cherry. Like, he's never spoken on stage before. Bro has been in every single space. He used to go to Bitcoin Maxi spaces and speak on stage there, and god knows that is the most difficult area to actually talk to anyone because they're all abject morons. So, look, you did a great job. Proud of you.
[1:57:42] Ryan @Rlad1776: Thank you, sir. You know, when you're with your wife since high school, so thirty four years, you need to find other other ways to... Other people to talk to. Just saying. Because, you know, like, it's usually grunts or or elbows in the chest as we're passing each other. So that's that's
[1:58:02] Dave @DCBK2LA: what we look forward to. Ryan, you did you did great, dude. Seriously, thank you. You did... You absolutely, like, clap is definitely for... Hold on. Ryan.
[1:58:16] Landy @CryptoLandy: Ryan, got the
[1:58:16] Dave @DCBK2LA: Super well done until the leaderboard component is gonna come out probably later this evening and maybe tomorrow. So we're gonna see whose calls were right. So people might like you now, guys, but they might hate you in the morning, just FYI. So, it's all gonna be... It's all on tape, ladies and gentlemen. We got it all. DocNooNoo, go ahead.
[1:58:34] Landy @CryptoLandy: 5450.
[1:58:37] Dave @DCBK2LA: That's fine. I already need that one, but it's fine.
[1:58:39] DocNooNoo @doc_noonoo: While while you're all giving Ryan his flowers, I would like to give Milo his flowers too, and I think he did
[1:58:45] DocNooNoo @doc_noonoo: a great job.
[1:58:47] DocNooNoo @doc_noonoo: So this is for you, Milo.
[1:58:51] Ryan @Rlad1776: Yeah. I agree.
[1:58:52] Milo @0dteSPY: One last thing to say. Dash is up again.
[1:58:57] Dave @DCBK2LA: Of course. Community is always win, ladies and gentlemen, is the message he wants to deliver here. Communities always win, and the band is your man.
[1:59:04] Coinkong @coinkong: Dash blockchain got a... Got an award for being, like, one of the top top blockchains. I had to find it. Definitely was. Yeah. That's why it's pumping.
[1:59:13] Ryan @Rlad1776: Yeah. I know. Yeah. So so lessons learned.
[1:59:17] Coinkong @coinkong: I saw the award, and
[1:59:17] Ryan @Rlad1776: I'm like, what? So lessons learned from today. If you do not follow CoinKong, follow him because he's gonna be a trillionaire. Number one, Milo has a serious ADHD problem, and he needs to watch TV while he's listening to spaces. And Dave, probably has the same problem, and he's trying to figure out how to talk to his Grock bot and make it work. Those are the three big lessons. Oh, and rotation into risk off.
[1:59:47] Landy @CryptoLandy: Yo. Dave Dave is a... Is kind of a Grock bot wizard. I'll give him that. I am... I'm not keeping that bot, by the way. I I went into a voice call with it, Dave, and, my wife was there and... No. That... That's... No. I had to... Thank you for the suggestion.
[2:00:06] Dave @DCBK2LA: Did you did you spend the $15?
[2:00:09] Landy @CryptoLandy: No. I did not spend the 50... I didn't even have to spend the $15. Whatever the hell you put in that bot, it was saying wild, wild shit to me, man.
[2:00:19] DocNooNoo @doc_noonoo: Wait. So you guys were blaming cash flow and it was landing your DMs?
[2:00:23] Dave @DCBK2LA: No. It wasn't landing. Actually just I somehow managed to slip it into the ATC chat when everybody was asleep. He's always awake, and I was just like, hey, Landy. Play play with this. I don't wanna blast it all over the timeline because it might screw my chances to create
[2:00:35] Coinkong @coinkong: a slip it in too.
[2:00:36] Landy @CryptoLandy: Yo. Somebody clip that. Hey, yo, Landy. Play with this.
[2:00:39] Dave @DCBK2LA: Hey. Yo.
[2:00:39] Dave @DCBK2LA: Landon, play with this. Yeah.
[2:00:41] Ryan @Rlad1776: One last piece of alpha. If you have not checked, check your profile. X dropped some money today. Wait. What? Like, x money? Yeah.
[2:00:52] Dave @DCBK2LA: My x money is hooked up to my rock.
[2:00:53] Ryan @Rlad1776: Yeah. Well, there's no x money in the in in the ATC account. Like, I got free x money today.
[2:00:59] Landy @CryptoLandy: He's over here just, like, transferring the
[2:01:02] Ryan @Rlad1776: No. No. No. I didn't do that. I mean, even though now I to work one three four.
[2:01:07] Coinkong @coinkong: There there was money in the h
[2:01:09] Dave @DCBK2LA: Bro, how many funds in the ATC account, x money? What are talking about, bro? What the hell?
[2:01:13] Ryan @Rlad1776: I'm telling you right now, bro. Go look.
[2:01:16] Dave @DCBK2LA: Unbelievable. Unbelievable.
[2:01:18] Ryan @Rlad1776: Check check your account. Elon is in a given mood. Unless
[2:01:23] DocNooNoo @doc_noonoo: you're in The UK, then don't bother checking your account because you get nada.
[2:01:28] Dave @DCBK2LA: Nada? What's nada?
[2:01:30] Ryan @Rlad1776: Well, you will get something, but the taxes will
[2:01:32] NatNat @Natnatx007: Nada.
[2:01:33] Ryan @Rlad1776: Exceed the amount that you got. That's the problem.
[2:01:36] NatNat @Natnatx007: She said nada.
[2:01:39] Landy @CryptoLandy: It's under $500. You don't have to declare it.
[2:01:43] Coinkong @coinkong: What the
[2:01:45] Dave @DCBK2LA: hell? Verify my identity. This is crazy. Again? But I sent $8 to Jack Butcher. Did. Recall that? Can I just
[2:01:52] Moni @monitalan: repeat that, John?
[2:01:52] Ryan @Rlad1776: I I I undelegated you.
[2:01:56] Dave @DCBK2LA: But you see what happened when you give the password, Milo? You see what happened?
[2:01:59] Dave @DCBK2LA: I want the password.
[2:02:00] Dave @DCBK2LA: I want the password. You're a deserter. You left your... You left the Well, I did. I got you. Listen. I didn't fucking
[2:02:07] Milo @0dteSPY: curse, man. I didn't fucking drop f bombs. I didn't
[2:02:10] Milo @0dteSPY: say fuck you. My god.
[2:02:11] Milo @0dteSPY: I got you. Look at this. Fuck that.
[2:02:13] DocNooNoo @doc_noonoo: Fuck that. Fuck.
[2:02:15] Ryan @Rlad1776: I got you, Milo. Right? I feel like like you're the one that would just throw gloves if if if we get into it. Like, even though you you did jump out on me, I feel like you'd be... You'd have my back. I got you.
[2:02:29] Milo @0dteSPY: Hell, yeah.
[2:02:29] Milo @0dteSPY: He didn't. Let's do it.
[2:02:31] Dave @DCBK2LA: He did. Yeah. Because he's Look
[2:02:33] Moni @monitalan: at all these Look at my fucking Ryan, what happened, Matt? Don't lie anything.
[2:02:37] Ryan @Rlad1776: Ryan, money you owe as you right now? Just let it go.
[2:02:42] Milo @0dteSPY: I want the free fucking account because I wanna take all 50 k, and I wanna go max leverage right at the spy.
[2:02:49] Dave @DCBK2LA: Yeah. So does everybody else. Take a number and get in line with you. You know?
[2:02:52] Milo @0dteSPY: Come on, man. I give you guys good value. What is the account?
[2:02:55] Dave @DCBK2LA: Good value. Yeah.
[2:02:57] Milo @0dteSPY: I've I've been here for years. I've I've been waiting for my Dave Bucks. They never
[2:03:01] Dave @DCBK2LA: show up. This is... You see this? Look at this. Look at look at the the the descent that has... This has been festering, hasn't it? You see, guys? You see? I've been here. We've been what? Sitting in the crowd listening? No. Knowledge has been dropped?
[2:03:14] Milo @0dteSPY: No. I've been fucking dropping shit in the purple pill for years. I give you guys good stuff. Nobody
[2:03:21] Dave @DCBK2LA: That's you venting. Let's stop it. That's terrible.
[2:03:23] Kool @koolcryptovc: No. No. This
[2:03:24] Milo @0dteSPY: one. I got one better.
[2:03:25] Milo @0dteSPY: Please join.
[2:03:26] Milo @0dteSPY: All you guys do is laugh at me on the stage. You make fun of me. You kick me off the stage. Blah blah blah.
[2:03:34] Dave @DCBK2LA: Alright, gamer. Okay. Okay. Ryan, take us out. That's enough now.
[2:03:40] Ryan @Rlad1776: Alright, y'all. Thanks, everybody. Have a great night. Enjoy your weekend. Be safe. Protect your capital, and, Monday is another day. So, enjoy life, Family and and friends, the flag That's and the faith are the most important things, guys.
[2:04:02] Dave @DCBK2LA: Jesus is forever.
[2:04:03] DocNooNoo @doc_noonoo: The national anthem of The US.
[2:04:06] AlphaGamer @AlphaGamer_sats: You don't
[2:04:06] Dave @DCBK2LA: Oh,
[2:04:10] Landy @CryptoLandy: and go Nick. Blame Canada.
[2:04:12] Ryan @Rlad1776: I mean, go stickers.
[2:04:13] Coinkong @coinkong: Yes. This is the one. Hey.
[2:04:16] Dave @DCBK2LA: Hey. Hey. Hey. Relax. Relax.
[2:04:20] Dave @DCBK2LA: Don't make me log in and close this out. Stop it.
[2:04:23] Milo @0dteSPY: Can we start cursing again?
[2:04:25] Dave @DCBK2LA: No. No.