Indexed by the Research DeskTranscript AI-assisted from the recordingNot investment advice
Key points
- David Gokhshtein emphasizes Dollar-Cost Averaging (DCA) as the easiest way to approach crypto markets.
- Bitcoin has cleared $77,000, contributing to a total market cap of $2.69 trillion, with optimism for a $10 trillion cycle.
- Guest Thor highlights
In their words
“I have owned Bitcoin. I have owned Bitcoin and I converted it all to” 0:55:55
Transcript
Show the full transcript (8 segments, 54,335 words)
[Part 1 of 8] [00:00] [00:54] [01:29] [01:54] [02:08] [02:24] [02:56] [03:32] [04:04] [04:44] [05:03] What first got you excited about blockchains? Think about it. Oh wait. I bet it wasn't multi-million dollar hacks, exposed data, or finding somewhere safe to store your seed phrase. Was it? Maybe it was the idea of decentralizing a broken financial system. Maybe it was imagining a world where people own their own data and get to share in the value it creates. [05:37] Or maybe it was the promise of a fundamentally better way of connecting, communicating and transacting. The next phase of the internet that empowers us instead of exploiting us. So why hasn't it happened yet? Why are we still living with the same broken system that blockchains promised to fix? It's because blockchains can't keep a secret. Enabling open transparent systems was only the first half of the challenge. For blockchains to really change the world, they also have to be able to protect our sensitive data when it matters. [06:08] And that's why we built Midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web. Let's build the internet we deserve. Together. [06:24] Ladies and gentlemen, we all know this in crypto, ownership matters. That's why Cake Wallet. Cake Wallet gives you full control of your digital assets, all in one easy to use application. You can store Bitcoin, Litecoin, Zcash, Monero, and many more with just one secure backup. Swap between coins in seconds, no copying addresses, no complicated steps, and even includes Bitcoin lightning for faster payments. And with Cake Wallet built in, you can use crypto in real life through debit cards or gift cards. Simple, secure, self-custody. Download Cake Wallet and take control of your crypto. [07:07] This is Houston. T minus one minute until full data blackout. All eyes are on you. [07:22] Breaking news, there is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. We have a second angle of this. [07:32] Is that guy in FOMO? Oh yeah. Yeah, let's get back to it everybody. [07:51] Breaking news, there is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. [07:59] Opportunity cost is simply this. Every position you take is a position you choose over something else. [08:13] This just in. According to the astronaut's FOMO account, highest in the room, the satellite has been restored. [08:21] Yes. [08:24] For now, the crisis appears to be over. [08:38] Satellite's up and running. Positions looking good too. [08:55] There we go. United States of America representing. Socialism, omnivism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. I am the modern day Tony Stark. [09:16] Welcome, welcome, welcome to the breakdown of this Friday, August 21st, 2026. And you're waking up, if you wake, if you woke up today, God bless. If you woke up today, you're looking at the markets, you're finally looking at the markets. You're like, finally, finally, oh, thank God. I've been praying on my knee. Oh my Lord, the green candles. [09:51] This show is sponsored by Midnight. Midnight is the title sponsor of this show. Also, Polymarket. Polymarket is the official prediction markets sponsor. Sing along with me of the breakdown. [10:04] Also, Cake Wallet. Cake Wallet, one of the most secure wallets in our industry, okay, within our industry. [10:12] If you are feeling uncomfortable and uneasy using some of these cold storage products, my dog barked. Products, then I would advise you to go ahead and look at Cake Wallet. Bitcoin, Litecoin, Zcash, and Monero. Go ahead, download it on your App Store, at your at the App Store. The dog messed me up, man. The dog messed me up, man. Goddamn dog. [10:39] Also, download it on the App Store or what is it? The Google Play? Google Play, okay? Or go to cakewallet.com. Man, what I always do a great job with Cake Wallet. Look at me. Let me do it again. Cake Wallet, one of the most secure wallets in our industry. You can go and download it at the App Store, Google Play, or go to cakewallet.com. Also, you can get yourself an old iPhone that you don't use, factory reset it and get cupcake. Not the type of shit that you love eating in the morning, okay? Lunch and dinner. I'm talking about cupcake, the software. Put it onto that iPhone and maybe store your shit there. I don't know. I'm just saying, putting it out there. FOMO. [11:26] I'm coming for the entire leaderboard. I'm telling you right now, I'm preparing to come out the entire leaderboard. I'm preparing to be number one. Numero Uno. Family, fomo.family, fomo.family. Go. Type that in, fomo.family. And go see what people are doing, what they are trading. Why are they trading certain things? See what the thesis is behind why they are going into certain assets. [11:58] All right, let's go. Also, look at goxteen.com. Let me bring it up here real quick. Let's go ahead and bring this up here. Let's bring goxteen.com up here. If I can find the goddamn button. Bring it up here. There we go. Goxteen.com. You can visit that for your latest news. Whether it's crypto, whether it's trifi, whether it's sports or politics. We report on everything. So you can go ahead and give us a try. Listen, there are a lot of people that are now bookmarking. They are coming onto this site. I appreciate it. 100%, we appreciate it. Digital assets. Look at this. Let's look at what's happening with digital assets. Uh, by the way, Coldcard, I saw this and there was a and and somebody asked a question to this and and let me go ahead and Coldcard releases security firmware addressing the $114 million exploit after AI assisted review uncovered additional bugs in the USB handling and seed generation, now requiring physical, yo, listen, I got to stop here. I I'm not sure I'm not even going to I'm not trying to fud. I'm not trying to fud Coldcard. But bro, now you found more additional bugs. I I don't even know how anybody will feel safe. I mean, I I'm not fudding. I hope the company corrects itself, but I I I wouldn't buy it. I wouldn't buy it. By the way, uh right now I'm kind of looking at all cold storages and like, yo, I'm I'm pretty like, I don't know. Let's go look at Bitcoin. Bitcoin clears 77k as $1.24 billion liquidation wave clears use. Oh my God. Fuck the shorts. [13:59] I said it, screw the shorts. I can care less about the shorts. Look, this feels good. It feels good that Bitcoin, that Bitcoin is moving the way it's moving. So, I've got I I had people call me, I've had people text me, I have people DMing me, asking me, yo, Dave, is this it? Are we running? Are we running? And I'm telling them, look, man, I still think there is another pull here. I'm talking about another leg down. But like right now, I'm wearing a green suit, okay? I'm wearing a green suit in celebration of the green markets. [14:43] Let you see this real quick. I'm wearing the green suit in celebration of the green markets. We we deserve this. We deserve to see some some of you guys are seeing green candles for the first time in your lives. Y'all are seeing a a God and this is this can be considered a God candle. You're seeing something like this for the first time. You've never seen this before. Y'all y'all are probably in shock. Right now, there are a lot of people that believe that they are sidelined. I don't believe people are sidelined. I don't believe it. I believe there is still a chance that we will and by the way, you can't predict where the market goes, but I still believe there is another leg down. We might see we might see the 60s again. We might even drop into the high 50s and then go sending. I'm just saying. But if you believe that the markets, if you believe that the market has bottomed, DCA. DCA is your best friend. I keep telling everybody that DCA is your best friend. By the way, of course, the suits are on point. I'm the only one out here that can rock a suit and make it look good. Okay, I was born in a suit. And I'm not the suits from Wall Street. I'm talking about I was born in a suit. I love fashion. I know how to put fashion together. I love it. The suit, I am the suit and the suit is me. Anyway, enough about me. You're you're already watching me as I'm laying it down for you. The easiest way to go about all this shit is DCA. It really is the easiest way to go about everything. Stop running, stop chasing, stop buying tops, DCA. If, hypothetically speaking, let's go ahead and look at the markets real quick. Let me plug in the markets. We'll use G markets, which is a product of Goxteen Media. Let's go ahead and look at G markets here. Currently, total market cap is at 2.69 trillion dollars. Not bad. I believe we go to 10 trillion this cycle, maybe even higher, but I'll keep it at conservative numbers. We're up 6.18% in the last 24 hours. Total volume in this industry is or excuse me, I should say in Bitcoin, 285 billion. Bitcoin 77. Ethereum has woken up at 2400. BNB 678. Solana at 9145. Right now, if you want to get into Solana, guess what? You DCA. You get in at 91. If it goes lower to 88, you get in at 88. It goes lower, get in at 82. But at least if you get in right now, 91 and if it goes to 100, you know what you got to go ahead and do. Let's look at the heat map. Everything's green. Everything is fucking green. Except whatever this is. What what is this? Whatever this shit is, it's it doesn't Oh, and Monero. I don't know why Monero's down two and two and a half. That's not two and a half. 2.2% is down. That's kind of weird. I would think Monero would be up. No reason for it to be down. But Bitcoin has made a Bitcoin has made a move, man. Bitcoin has made a move. 77 313, up 7.2% in the last 24 hours. Total market cap 1.55 trillion. Total volume is 68.2. So correction, 68.2 billion. The total market uh volume, the total market volume was the number that I expressed before this. And you can see, look at this. Look at it. It it it looks beautiful. It just looks beautiful. This is the one day, 24 hours. Let's look at the hour. I mean, it is it is rolling nice here. 30 minute. Still looking good. It looks it looks one minute. Like one minute chart. But look, on the one on the one hour it looks great. Looks great. Standard chart for those who don't know how to read candles or charts. All right. And we got a lot of talking going on here. A lot of people are talking here. Obviously, you can go to gmarkets.io. It'll show you the sentiment. It'll show you some of the top people in the space talking about said asset, okay? You stop into the Bitcoin page, the coin page itself. You'll see people around social media talking about the asset. Um, let's look, let's look, let's look. Performance in the last 24 hours, up 6.69%. Seven days, up 22.49%. In the last 30 days, up 16.81%. Still down on the year. So it's still negative 31% on the year. Who knows what happens? Nobody knows. Could it go ahead and cut half into that number? Nobody knows. Nobody knows. But if you're not using G Gmarkets.io and we got more things coming, more upgrades, more tools for you guys to go ahead and use for free. For free. You're not paying anything. It's free. There's no paywall. It's free. You come on here and you can learn about this. Okay, you can go here and learn about all this stuff. Learn everything. Look, you can see the G score which we put out. Right now, Bitcoin's at a A minus. And it'll break down why. Again, you can go ahead and stay ahead of the markets by going to gmarkets.io. Shout out to that. But again, the markets look good. Markets look good. 2.2.7 trillion dollar total market cap right now. And total volume for the entire market is 283.6 billion. Everybody's happy. Everybody's happy. But again, as I said, be happy right now. Green makes everybody happy. But I expect one more I expect one more pullback. I I expect one more leg down. That that's what I'm I feel that that will happen. And take advantage of it when it does. Take advantage of it when it does happen. Um, somebody said it's frog season. On the meme side, it is frog season. So we're going to talk about Pepe, Apu, the VC back toad. Then we're going to talk about Auggie also. That's later on. That's right. That's right. You'll you'll talk about Pepe, you'll talk about even Hoppy, you'll talk about Apu, you talk about somebody said something funny about Apu. I can't say it on here. It's fucking hilarious though. If you talk about this toe thing, the T-move version of goddamn Hoppy. You got to put some respect on its name. Okay? You got to put some respect on Auggie's name, bro. What are we doing out here? But I'm telling you, look, I thought when I got into this shit, when you guys threw it into the chat and I got in, it went up and then like it it really went down. But look, it's it's it's going up. It's cooking. It's a slow cook. And I always get into slow cooks. That that is who I am. I I get into these slow ass cooks. This is, you know, I'm looking at FOMO here. The slow ass cooks. But hopefully, hopefully the people, who wins? My question is, who's going to win? The VCs, the cabals, or the people, the community? Who's going to win? Who's going to win the championship? Who's going to be the number one dog? I love slow cooks. They're the best cooks. Honestly, I hate things that send all the way to fucking instantly to millions and then they just drop. There's no foundation made. There's no foundation to them. Let's see what happens though. We shall see what happens. We'll see how serious the community is about sending something. Sending something to Valhalla. That's right. I'm excited today. I am excited. I'm absolutely excited today. I wore the this suit for the occasion. I was looking through the suits. I said, you know what? I'm going to wear the green suit today. I will wear the green suit today. In honor in honor of the markets. Be excited. Be very excited. You deserve it. Especially for those who stayed here. Day in and day out. Day in and day out. Throughout the bear market. Throughout it all. You deserve it. You deserve to be a part of this. You deserve to enjoy it. It's a great feeling. But a lot of you guys don't even hold coins. I think a lot of you guys don't even hold anything. Y'all don't have Bitcoin. Y'all don't have anything. Y'all I think y'all hold like two things in this entire market. And I think they've been given to you for free. It's like you the only thing y'all are holding are free air drops. That's what I believe to be the truth. No, no, all all kidding aside. Uh it it's great. We've had some great guests on. Uh we've talked about the markets. We've talked about where the markets are going. 2026 has been a year where the markets have just been chopped. They've just chopped.
[Part 2 of 8] [David] [00:00] one or two things here and there have gone, but it has been just choppy, a choppy ride. And you know what, a lot of us have said, I don't know, they're essentially, there's a cabal and these VCs that just say that one person has called something. We've been saying on this show, excuse me, pardon me. We've been talking about this. Landy's been on here. I've been on here. Our guests have been on here saying that 2026 quarter three, quarter four, we'll go ahead and bottom out of here and then we're going to turn this motherfucker around. So, y'all can replay these shows. I don't know what the fuck is going on here. Cabals taking credit for what's happening. [David] [00:41] What are we talking about here? [David] [00:44] The same people who sold crypto that did not have crypto or are telling me and telling us, telling us that they called bottoms. [David] [00:56] Nah. What is what is happening in this space, man? [David] [01:05] What is happening? [David] [01:16] It is wild. It is it is really wild to see some of the shit that happens in this space. I'm telling you right now. It is absolutely wild. [David] [01:26] Y'all are wild. Anyway, we'll be back right after this commercial break. I'll I'll be talking about more of this. We got we got somebody coming on, guest coming on. We'll talk about the markets. We'll talk about some other shit too. We also have Rob Nelson coming on later on in the show today. He wants to talk about Bitcoin. He wants to talk about the markets. We'll go ahead and talk about that as well with him. Um, and then we'll do Collins. We'll go ahead and do Collins. But we'll be right back right after this commercial break. [01:56] What first got you excited about blockchains? [02:00] Think about it. Oh, wait. [02:06] I bet it wasn't multi-million dollar hacks, exposed data, or finding somewhere safe to store your seed phrase. Was it? [02:13] Maybe it was the idea of decentralizing a broken financial system. [02:19] Maybe it was imagining a world where people own their own data and get to sharing the value it creates. [02:29] Or maybe it was the promise of a fundamentally better way of connecting, communicating, and transacting. The next phase of the internet that empowers us instead of exploiting us. So, why hasn't it happened yet? Why are we still living with the same broken system that blockchains promised to fix? It's because blockchains can't keep a secret. Enabling open transparent systems was only the first half of the challenge. For blockchains to really change the world, they also have to be able to protect our sensitive data when it matters. [03:00] And that's why we built Midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web. [03:09] Let's build the internet we deserve. [03:11] Together. [03:16] Ladies and gentlemen, we all know this in crypto, ownership matters. That's why Cake Wallet. Cake Wallet gives you full control of your digital assets all in one easy to use application. You can store Bitcoin, Litecoin, Zcash, Monero, and many more with just one secure backup. Swap between coins in seconds. No copying addresses, no complicated steps, and even includes Bitcoin Lightning for faster payments. And with Cake Wallet built in, you can use crypto in real life through debit cards or gift cards. Simple, secure, self-custody. Download Cake Wallet and take control of your crypto. [03:58] This is Houston. [04:00] G minus one minute until full data blackout. All eyes are on you. [04:12] Breaking news. There's an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. We have a second angle on this. [04:22] Is that guy on FOMO? [04:24] Oh, let me for real. Crazy trade. [04:26] Yeah, let's get back to it everybody. [04:42] Breaking news. There's an astronaut conducting an emergency repair. [04:49] Opportunity cost is simply this. Every position you take is a position you choose over something else. [05:04] This just in. According to the astronaut's FOMO account, the highest in the room, the satellite has been restored. [05:12] Yes. [05:15] For now, the crisis appears to be over. [05:29] Satellite's up and running. Positions look good too. [05:42] There we go. United States of America representing. Socialism does not work. Digital assets is it better to move money at the speed of light. People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. I am the modern day. [05:59] Welcome to everybody tuning in on X, TikTok, Truth Social, [David] [06:14] YouTube. Man, I'm tired of naming all the you guys know, we stream everywhere, man. Backstage we got uh we got somebody who's been on the show before. We're going to go ahead and dive right into not that's not Rex. I don't know why they did it like what the fuck is up with the overlays, man, today. What is up with the there we go. All right, we got Thor. Let's bring Thor into the chat. Thor, what's going on, man? How's everything going? [David] [06:40] Thor blacked out. Okay, so his I guess his connection's not there. We will go ahead and uh hopefully bring him back on. Let's see. He's he's trying to come back on. Let's bring him on here. Thor, what's going on? How's everything going? [Guest: Thor] [06:53] Hey man, how are you? Thanks for having me on. [David] [06:56] I'm everything's going well. You liking the markets? [Guest: Thor] [06:59] Oh yeah. We knew this would happen. [David] [07:02] You think this is a short uh you think this is some sort of rally and then we go back down or you think that we've bottomed out and we're going higher? [Guest: Thor] [07:10] You know, I don't really know. I don't really guess or time. I've been dollar cost averaging for a while. Just my my thing is just prepare for when we do start going back up. You know, I I don't play the short game unless it's like these meme coins and these BS projects, but when it comes to long-term thesis, dollar cost average because it's not if, it's when. It's not when, it's if. You know what I'm saying? [David] [07:34] I know what you're saying. Um, Zcash, how's it looking, man? You're still bullish on that, heavily bullish, correct? [Guest: Thor] [07:41] Yeah, you know, Zcash is uh 99% of my portfolio. I've been bullish on it for probably eight years now. I knew it was a matter of time and we're starting to see some really uh great things happen in the ecosystem. You know, as you know, about a few months ago, there was some fud, there was some hate. You know, the team came out and they said, listen, we found we were using a private version of Claude, we were using AI and we found a bug. Um, which to me, I was actually optimistic and bullish about because as you know, being in the space a long time, a lot of other projects would have never came out and told anyone. They would have started selling secretly and uh we would have been left holding the bags. They came out fully transparent, put a game plan and then they just launched Ironwood where not only did they transparently uncover this bug, but they patched it and fixed it and now mathematically proved that Zcash is here to stay. Tyler Winklevoss and the Winklevoss twins were at the White House two days ago. Yesterday they were at the CFTC, they mentioned Zcash by name. They just launched a huge Zcash mining company, probably the biggest one. And now with Project Ironwood, Zcash is the only project that is not quantum resistant, but quantum recoverable and with Tachyon and Sean Bo and some of the best devs in the space, they're also working on making it fully quantum resistant. So, it's it's good times for Zcash holders and it's still early, right? You know, to me, why would you buy Bitcoin at 70,000 a coin when it's a public ledger where I can see your balance and transaction history, when you can buy still buy Zcash at 600 a coin here and you're looking at a real hedge against uh quantum AI and you also have the encryption, the privacy where if I send you Zcash, it's between me and you. No one can see my balance, no one can see my transaction history and that's what the word crypto was supposed to mean. It was supposed to mean hidden and private. [David] [09:40] You've sold off have you owned Bitcoin? [Guest: Thor] [09:43] I have owned Bitcoin. I have owned Bitcoin and I [David] [09:46] And you sold it off you you you converted it all to Zcash? Is that [Guest: Thor] [09:50] Correct. Correct. [David] [09:52] What made you what was the moment that for you personally, where you have Bitcoin, you have these assets and you say, you know what? I'm taking I'm taking my Bitcoin, my ETH, whatever you're holding at the time and I'm converting all this stuff to Zcash. What why where did that when did that moment happen and why? [Guest: Thor] [10:13] I think I first found out about Zcash in about 2017, 2018. JP Morgan, Morgan Stanley did an article on zero knowledge proofs and how uh Bitcoin did not have zero knowledge proofs and how zero knowledge proofs was this moon math, the MIT scientist called it moon math where you can prove something is what you have without revealing what you have. So I immediately started looking into it. Then I got to give a shout out to my friend Gary the Numbers Guy. He's the numerologist. He loved it because it was born on the 28th. For me, I said, okay, that's awesome, but let me there's got to be more here. I can't just do it based on the birthday. I have to see. And then I saw that one of the founders, Zuko Wilcox was in Digicash. He was in uh crypto before Bitcoin. And not only that, Zuko was mentioned by name by Satoshi Nakamoto. So I said, well, wait a minute. The cryptographers, the hardcore engineers, the hardcore math scientists, they're they're really bullish on this and they're talking about how great it's going to be. But then when I went into the algorithm and the timeline, the cheerleaders, you know, like the Michael Saylors and the influencers were saying only Bitcoin and that's a shitcoin. And I said, well, who's more likely to be right? The the engineers and the cryptographers and the and the math geniuses or the guy who like just started buying Bitcoin four years ago and didn't even like it to begin with. Um, and then I saw on the on the early Bitcoin [David] [11:46] Okay, I think we're [Guest: Thor] [11:47] I'm sorry, I'm back. Satoshi Nakamoto in 2010 on the Bitcoin forum said, hey, we're looking for ways to add zero knowledge proofs to Bitcoin and if we could find a way to do it, we would actually have a better version of Bitcoin. And then a lot of Zcash enthusiasts and devs and ecosystem said, well, this is exactly that. And I had already missed the boat kind of on Bitcoin. You know, it already had made that infamous run and I said, well, I might as well start, you know, this is a good hill to die on. Like I don't think I'm wrong, but if I am wrong, it means society's gone to crap and we're using a surveillance state coin. I said, eventually this thing's going to be really, really valuable and eventually, just how people are using signal to talk in private, you know, just how people are using the brave browser to browse in private. I said, eventually people are going to want to store their money in private, right? Like this this naturally makes sense. So I kind of got fanatical and I'm a I'm a real die hard loyal type of person and I just said, hey, I'm all in on this thing for better or worse. And now, you know, it's up 1500% on the year and I'm not surprised at all. You know, I'll be somewhat surprised when it's at 50,000 a coin, 100,000 a coin because I think it's that valuable and I think it's that important for our society that we're going to with this surveillance state. You know, I made a post the other day that Bitcoin is literally the flock camera of cryptocurrency. [David] [13:09] I saw that. I was going to mention that. Um, you really you're really that down on Bitcoin. [Guest: Thor] [13:15] Uh oh, I hope we're not frozen. [David] [13:17] No, I'm not frozen. You might be [Guest: Thor] [13:19] Are we frozen here? [David] [13:20] No, I'm good. [Guest: Thor] [13:21] Did you hear any of that? [David] [13:22] I heard it. Do you hear me or no? [Guest: Thor] [13:27] Uh oh. [David] [13:29] Go ahead and uh [Guest: Thor] [13:31] Are we frozen? [David] [13:32] No, we're not frozen. I'm still here. [David] [13:36] I'm still here. Okay. Technical difficulties. Uh that is Thor. We're talking about we'll bring him right back in here. Thor. I think it was your connection, but it was okay, man. We're still here. It's live. I know how to operate here. Don't worry. [Guest: Thor] [13:49] I got all these I got all these people calling me because Zcash is going up. I said, stop calling me. I'm on live on the breakdown. Where did I last leave off? [David] [13:57] Uh, I I think we were talking about camera surveillance uh surveillance on uh on Bitcoin. I think that's where we were. I think that's where we're at. [Guest: Thor] [14:06] Bitcoin is the flock camera. [David] [14:09] So you call it the flock camera. Are you are you that down on Bitcoin? Like where [Guest: Thor] [14:15] I don't want I'm not down on it. I don't want it to die. You know, Naval did a famous tweet uh six months back now where Bitcoin is a hedge against fiat and Zcash is a hedge against Bitcoin. All right. So, you know, and at this stage, you know, I we like to make the comparison like remember when MySpace got taken over by Facebook, right? Remember when AOL died and Yahoo and Gmail came, right? Now, in many ways, Bitcoin is the beta test run, it is the prototype. Will it totally get replaced by something like Zcash? You know, probably I hope not and I don't think so, but there is a world where that could happen with a quantum hack or another cataclysmic event where say someone's entire balance gets exposed. You know, we just saw what happened with the ledger issue. Um, I think there's a world for both and I think there has to be a world for both and I still want Bitcoin to go to a million dollars a coin. But this time around, you know, the dot com bubble and the AOL and MySpace, you didn't have people married, invested, monetarily, you know, giving all their net worth to these technologies and to these companies, right? They kind of just got replaced and we evolved into the better version. Now, if Zcash is a better version, I don't think it's going to be that smooth as because a lot of people have invested a lot of money, a lot of institutions, you know, and now a lot of uh Bitcoin people are actually converting into Zcash because Bitcoin has been so compromised by the institutions and by the banks. They're kind of looking at Zcash like, this is the original Cypherpunk ethos that we started, that we that we set out to make happen. [David] [16:03] What makes Zcash better than Monero, uh Litecoin, uh Dash? And I know Dash has been dabbling in with, you know, with working with some of the tech that Zcash has. And also uh let's say Midnight. Uh what what makes it better? What makes Zcash better than them? [Guest: Thor] [16:23] So Zcash, in my opinion, Zcash has the best team. They have the best tech. Most cryptographers will admit this. In fact, Monero is starting to adopt the same tech. Zcash also is very smart, you know, because they have these OG Cypherpunks and these OG engineers and math scientists. They learned a lot from Digicash, they learned a lot from Bitcoin and it has uh a transparent feature and a private feature. So you have consent. Almost like Venmo has private and public. So what does that matter for institutional adoption and for mass adoption is Zcash was able to be compliant, regulatory compliant with the exchanges. So Zcash was able to get on a lot more exchanges and they're going to be positioned more to be mass adopted because they kind of played nice in the sandbox. You know, they didn't come and say, hey, we're going to overthrow the system, F the bank, F you. They kind of came and said, hey, we're the adults in the room. We want to show you why this is the best tech and why this is a net positive for the world. Last winter, I was actually at the SEC in DC. They had a privacy round table. They had Zuko Wilcox, one of the founders of Zcash speak at the SEC and Paul Atkins, the chair of the SEC had a monologue to open up this private round table where you would have thought it was he was reading one of my Zcash bull posts. You know, he said things like Bitcoin is a threat to national security. He said things like a public ledger, you know, might be good for places like China, but it's not good for us. And we really need to start taking this privacy, this zero knowledge proof very, very seriously and see what we can do to implement it. So, you know, all and then the other factor of why I like it and I think it's better than some of the others, it's it's been 10 years of this anonymity set where, you know, you can't just come along and start a new project today because that's not how privacy works storing on chain, right? This 10 year of slow growth and slow sustainable growth and accumulation, they've got a real Lindy effect in the privacy space now. So you got all these things coming together at once. And the other thing that, you know, Zcash had that a lot of uh people had fud for was this um founders reward. You know, where 20% was going back to the Zcash ecosystem, which, guess what, guys, that allowed for a crazy thing to happen. They were able to pay people to work. So where Bitcoin is kind of a community ran by charity and a community split in two that can't really decide if they want to do this, if they want to do this, who's going to pay. Zcash started accumulating a war chest in this founders reward where now they've recruited and attracted some of the top talent in the space. You know, if you guys want to learn a lot about Zcash, you can go to this guy Sean Bo's Twitter. He's considered one of the top cryptographers in the world. He's spearheading this Tachyon project to scale to the masses. And you could kind of see how these people talk and how they move. And that's who you really want to be paying attention to. You don't want to be paying we're still so early here that there's a lot of loud cheerleaders who are, you know, telling you, hey, buy this coin because they probably invested it too. You want to be listening to the the math geniuses, the high IQ engineers, the cryptographers and see what they're saying and you'll see that a lot of them are the same way bullish on Zcash. We're seeing a lot of big accounts come on now. [David] [19:52] You you have two major personalities, the twins from Gemini. Obviously, they're super bullish about Zcash. Who else in uh from a notable standpoint? You you named Naval, you named uh the twins. Who else is really bullish on Zcash here? [Guest: Thor] [20:10] Yeah, you got Naval, you got the Winklevoss twins. You got Edward Snowden, who was actually part of the original ceremony that was announced. Um Tim Ferriss recently got put on to Zcash and did a tweet about it. I don't know if he invested yet. This guy Mert, Mert is one of the like the top Solana devs. About a year ago, he started talking about Zcash heavily. He's given his all to the project. If you go on Mert's Twitter, his X account, you'll see he's always on podcasts and, you know, he's very well versed and very well spoken about the latest and greatest. Um, the crypto Arthur Hayes recently, you know, made Zcash somewhat famous, but then he sold his bag, you know, during this AI exploit. And we kind of said, hey, you know, don't do that. Um, but I get it. It's probably, you know, a lot of other people's money and he has to do the conservative risk assessment for his fund. Um, who else? Balaji. Balaji is a big Zcash proponent, the network state. He's over there in Singapore. If you want to type in Zcash Balaji, you'll see a lot of intelligent remarks. Um, and then who else do we have? I'm forgetting a few people, but there's a lot of big names now, you know, who are getting involved and uh Barry Silbert, you know, from Grayscale. He's been in Zcash since day one. He's got one of my favorite thesis on Zcash where he says, listen, all you need is 10% of offshore wealth. Right now there's a trillion dollars in offshore wealth. A lot of it is not interested in storing that wealth on a public ledger. If they start going into something like Zcash, even if 10% of offshore offshore wealth starts storing their wealth in private on chain, you're looking at 60,000 to 70,000 a coin projected if that happens. So yeah, it's uh, you know, I I don't think it'll be that far ahead where we start hearing some uh and then you have uh Chamath, okay? Chamath from the All In podcast who we love. He has not mentioned Zcash by name yet, but he has been doing a lot of posts on privacy coins and encryption coin and if and the um, you know, the other guy uh who's the billionaire in Mexico? Um, [David] [22:35] I know who you're talking about. I know who he is. [Guest: Thor] [22:38] Yeah. [David] [22:39] Because he's bought a lot of crypto though. [Guest: Thor] [22:41] He mentioned Zcash. Um, the ex-founder of Google has mentioned Zcash. You know, there's a lot of lore there and when you start to really do some deep dives and you see who likes it and who doesn't like it, it's very telling. [David] [22:57] Last question from me. I see you have a podcast and you always on Twitter tweeting about health. I'm I'm big into health. I'm big into training and exercising, working out. Um, I think you could do both. I think you could be in in crypto and and like me, I guess run a company, all that stuff and I and also work out, you know, dedicate two to three hours to lifting something besides a remote control. Uh or a mouse. Uh I see you out there. I know you have a I think you have a podcast now. Uh where you talk about that. When you see people though, I'm going to give you this topic. When you see people out there talking about certain peptides and all these things. What's your first reaction to to all the stuff that's pushed out there to the general public that are interested in, you know, getting fit? [Guest: Thor] [23:43] My first reaction is fools rush in, okay? The double-edged sword of capitalism is things get popular, people start trying to sell them, they mark up the prices, they're profiting off you. Me personally, I'm taking a very much wait and see approach. You know, I was joking with a friend last night, he's on like four different peptides. I said, I'm going to wait three years. I'm going to wait to see what happens to you and everything goes well. [David] [24:07] I'm going to start experimenting. [Guest: Thor] [24:08] I'm going to start experimenting. I think if you do start going down the peptide rabbit hole, you know, start with one thing at a time. Make sure it's third-party tested. Work with someone who's really, really smart and well read on this. Um, less is more. Don't overdose, don't take too much at once. Nothing beats sunlight, 10,000 steps a day and eating clean. You know, those are the original peptides. You should not be looking at a peptide as a cure all. You should not be looking at it as, oh my God, I have this disease or this problem and this peptide's going to save me. You have to look at it like, I did something over the last 5, 10, 15 years that caused me to get a disease. I have to find the root cause, stop what I'm doing, do something new. And then once I have a clean slate and once I have a good bill of health, then I can start supplementing and introducing these things like peptides or TRT or, you know, Cialis is very popular now. Um, the the question should not be, what can I take to get rid of this? The question should be, what did I do to cause this problem in the first place? Right? And no and not a lot of people are asking that question and when you go on X, every day, we're promoted a new peptide, a new supplement, a new superfood. And it's the 95-year-old grandpa who's still weightlifting in the gym and you're like, well, what what peptides is that guy on? You know, and he's like, what he's like, what's a peptide? He's like, I just eat a baloney sandwich every day and have a shot of whiskey at night and I love going to the gym. But the the the point is here, the liver is what runs your the liver is the CEO of your body, right? And the liver a Lamborghini gets one type of gas and one type of oil. If you start feeding that Lamborghini different types of gases and different types of oils, [David] [26:08] It'll start knocking. [Guest: Thor] [26:09] All of a sudden, that car's going to run for a little, but all of a sudden that car's going to
[Part 3 of 8] [Guest: Thor] [00:00] break down and you're going to go, why that carbohydrate? The body's the same way. Your body really wants less and your liver will smile and then you're able to detox and fix those deficiencies. You know, we're a big proponent of the low vitamin A and low nickel diet. You know, no one's not a lot of people are talking about this, but vitamin A is a fat soluble vitamin, but it's also something you can overdose on. And I overdose I overdosed on it myself by being a health nut. You know, I was doing the turmeric, the liver, peppers, sweet potatoes, carrot juice, uh cod liver oil. You get the picture, you name it. I was trying to check every box as a health nut. I ended up overdosing and got a bunch of health problems and that's how I stumbled upon this huge piece of the health puzzle. I went on the low vitamin A diet. I reversed nine out of 10 problems I had. Then I went on the low nickel diet in conjunction with that and I've just continued to get better as my liver cleans up and I don't have to take all the supplements I used to take. I don't have to buy a hundred things at the grocery store. You know, I right now I eat meat, either rice or sourdough bread, apples and bananas. And if I'm going to do a vegetable, it's like a peeled cucumber, a peeled zucchini, you know, a white root vegetable. And I just eat like a like our grandparents ate in the motherland where they only had four things to choose from, you know? And if you look at third world countries, they might have problems, but they don't have the autoimmune disease we have because they don't have a thousand options to choose from and their livers are nice and clean and and and smiling. You know, so I got fed up with every day being shilled a new peptide or supplement or a new superfood. So I went the opposite way, got the best health of my life and now I'm promoting it and helping others, you know, which is probably like you said, the most important work of all because if you're not healthy, you can't be wealthy. And we need we meet rich people all the time who are miserable. They're in pain, they're not happy. And what's the point, you know? [David] [02:06] Have all that money and be miserable because you can't take care of yourself. [Guest: Thor] [02:10] I appreciate you for always being available. And it's the true, it's the true IQ test, right? [David] [02:14] Yeah, it is true. [Guest: Thor] [02:15] Like if you if you can't figure out health, if you can't figure out happiness and and strength, like if you can't be have this vitality, that's a true IQ test. [David] [02:25] Yeah, it is true. [Guest: Thor] [02:25] And how how many times do you hear people say, oh, I eat so healthy. Well, what does that mean? That could mean one thing to you, it could mean another thing to her. Everyone's got their own version of what healthy is and a lot of times healthy means overdosing on colorful plants, which is chemical warfare. It's how Steve Jobs died. [David] [02:43] It is true. It is true. Uh, Thor, it's always good to have you. Hopefully I can have you in the next couple of months. Come on here. We'll shoot the shit again about privacy, see where it's at. Obviously during the cycle and uh also shoot the shit on creatine and other things that I'm interested in, you know, chopping it up about. [Guest: Thor] [03:02] Anytime, so happy to be on and bring me on when Zcash hits a thousand, which might be in a day or two the way we're going. [David] [03:08] Then we might have to call you back. [Guest: Thor] [03:11] [laughs] [David] [03:12] Appreciate you, Thor. [Guest: Thor] [03:13] Be well, brother. [David] [03:14] You too. Have a great weekend. That's Thor, everybody. Check him out. I have uh I have his uh information on on the thread. I I think on X, you can go ahead and check that out. All right, there you go. [David] [03:28] There you go. All right, we are back. We're back. Listen, a lot of you guys are into peptides and shit, but I I don't know why it doesn't look like you guys are doing anything with these peptides. Can I be honest with you? Like I see some of you guys like it's like, man, what are you guys actually doing with these peptides, man? I I don't know. Like it doesn't anyway. It's bad, right? What I'm saying is bad. Bad. I'm being bad. I'm being bad to the bone. All right, anyway, we're back. Episode 774. Who would have thought? 774. I think creatine, again, this is not medical advice. I think creatine is I think it's great for your mind. I I I think taking, you know, 5 milligrams or 5 grams, I should say, not milligrams. 5 grams of uh creatine, it it's not bad. Because mentally you're like it really does help you mentally. Helps you focus. I I I believe so. I'm not again, not medical advice. You should you go seek out, talk to your doctor, your medical professional to see if if if creatine is right for you kind of thing. But I'm just saying for me, I like it. I like it. I I I don't I don't see I don't need creatine for y'all y'all have seen my body, right? Y'all obviously and a lot of you guys are envious. And it's okay. But like I don't need creatine to get my body in shape. I really don't. Does it give you a little like one more rep? Yeah, probably gives you one more rep. Probably might give you one more rep, but like I don't know, man. My face, my body, I already the voice, the IQ, like I I was already born with it. I was about to say, maybe it's Maybelline. Anyway, we'll be back right after this commercial break. Let's talk crypto. Let's talk crypto. Tell everybody that we're going to be talking about crypto. Maybe I'll buy some crypto. Right after this commercial break. 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There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. We have a second angle on this. Is that guy on FOMO? Yeah, let's get back to it, everybody. Breaking news. There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. Opportunity cost. Every position you take is a position you choose over something else. This just in. According to the astronaut's FOMO account, highest in the room, the satellite has been restored. Yes. For now, the crisis appears to be over. Satellite's up and running. Positions looking good, too. [Ad] [09:19] There we go. United States of America representing. Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I'm here providing electricity. And that energy that is necessary. I'm the modern day Tony Stark. [Ad] [09:49] There we go. United States of America representing. Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I'm here providing electricity. And that energy that is necessary. I'm the modern day Tony Stark. [David] [10:15] Welcome back to the breakdown episode 774 sponsored by Midnight. Also, that was whack. Anyway, Polly Market, shout out to Polly Market. Polly Market, the official prediction market sponsor of the breakdown. Also, Cake Wallet, one of the most secure wallets in our space. That's right. You want a secure wallet? You want to put your Bitcoin on something that you know your Bitcoin will be safe on. Your Litecoin will be safe on, your Monero, your Zcash, you go to Cake Wallet, go to cakewallet.com. You can also go to your App Store, you can go to the Google Play Store and you can download it there. FOMO is where I go and look at the charts and see what your punk asses are doing. I want to see what the traders are writing. Right now the leaderboard, the leaderboard shows that everybody, the whole top, I think the top 100 right now, are all in the 100K plus PNL area. I'm letting you guys know I'm coming for you. I'm starting play by play. You know how we go brick by brick? I'm starting with play by play. Play by play. That is right. Play by play. Right now, and this this is a social experiment. Can can can the community, this community, right? Can the community, we talk about community coming together. Right now. So we talk about the community coming together. So, this is a an experiment. Can the community come together, put away their hatred for each other? Going into the same foxhole with each other. Can they hold the line with each other? And have Auggie flip toad. The VC back T-Moo version of Auggie. Can Auggie flip toad is the question that I ask you. I've gone in. I'm holding. Now I'm holding. I've gone in too much. I'm holding. I'm waiting to see. A lot of you guys are asking me, hey Dave, why don't you go ahead and go on the timeline with it? I'm not going on the timeline with it. I'm live right now on your TV, on your mobile phone, on your desktop. I'm talking to you about Auggie openly. If there's how many frogs? Pepe, uh Poo, Hoppy, this toad thing, Auggie. What are you waiting for? What are you waiting for? Can it flip toad? We shall find out. We shall find out. If the community got what it takes. But I like this. Because it doesn't have to happen instantly. Let me let me explain something to you guys. I personally when I go into, let me break this down. When when I go into assets, right? I'm not looking for them to immediately do 100X. I'm not looking for them immediately to do 1000X. I want I want a good foundation being built in the things that I go into. I want to see people who believe in it. You want people who believe in the the goddamn meme to acquire it, right? Like you want I believe in it, so I am getting it, right? You want people like that getting in. Getting in, getting in, building the foundation brick by brick, building it. Right? What do we see when things fly up instantly? They go crashing right down. The reason some of these things go skyrocketing is because there's some sort of incentive. What's the new meta? Give air drops out. Here, you get an air drop, you. And then there's and then you give out all these air drops and then people start selling and then there's more sell pressure and now you're flat lining. And now you're stuck in the zone where you got to it's either people believe in the shit that's out there or they say, I don't believe in this and I'm out. But when you start off slow and and you're you're going up easy and people are accumulating because they like it. They believe in it. Whether it's tomorrow, next week, next month, six months from now, it will cook. Because there is something there is a basis. There's a base. Okay? There's a foundation that's been laid. Concrete has been laid out. Stee on top of steel. Now you can build the rest of the house. Now you can build the rest of the house. I am known. If you ask about me, I am known. It took forever for Dogecoin to get to get out of being under a penny. When I talked about Dogecoin and it wasn't a popular thing to go ahead and talk about, it was under a penny. I mean, really under a penny, not even close to a penny. And then it went over a penny. It took a while. Same thing with Pepe, same thing with like Shiba Inu. I'll name them all out. It took a while. Everybody told me, yo, dude, what are you doing? Shiba Inu's dead. Why are you still holding it? Why are you still talking about Shib? And then all of a sudden, listed on on Coinbase and and Binance and boom. Then you look then you look like a genius, right? Who talked about, you know what's really funny right now? And I'm going to go back to Auggie and all these memes and all this. You know what's really funny? Now everybody's talking about tokenization. I literally, I hate that word literally. But I'm going to use the word literally to tell you this. I was one of the first people to go on stage. Here's another first. I feel like I'm a first for everything, but nobody wants to hear me for some reason. Maybe because you hate me. Maybe because you you don't appreciate me. But I went on stage at a conference and I said, tokenization is the future. It is what we need to go ahead and study if we want to take crypto to the next level. If we want to actually build things and incorporate real world assets, we look at tokenization as it. I said these things. 2020 2000. No, well, hold on, is it 2000 2020. I was already saying it before, but 2020. Here I am talking about it. People are laughing. They they're like, you're crazy. I'm like, but you need tokenization, it'll be great. You should tokenize the world. And I kept talking about it and talking about it. Deaf ears. Now everybody's talking about it. Your favorite fucking influencer from the institutions. Your favorite influencer from your favorite cabal. Your favorite influencer from fucking crypto Twitter. Everybody now is talking about tokenization. Yet ask them when they started talking about it, just a few days ago. Bottom line, I've always been ahead of my fucking time. By the way, I don't really give a fuck about credit. I I wanted to yesterday when I retweeted that yesterday, especially the post, the receipts, I was just trying to be an asshole. Yes, 100%. And I even said it in the thread. I was trying to be an asshole. No, I was being an asshole. Wasn't trying. I was being an asshole. You know why? Sometimes it is good to take this butt and take this boot and shove it up somebody's ass, okay? And say, all right, oh, now you're talking about it. But you know what? If you're going to talk about this shit, then you're going to acknowledge me. I see a lot of people acknowledging themselves. Well, you know what? I'm going to acknowledge me now. I'm my biggest fan, so I'm going to acknowledge me. I'm out here fucking 10 plus years up in this bitch doing nothing, nothing but building, help building and and and pushing ideas that can take us to new level. You will you will you will acknowledge me, 100%. Make not no doubt about that. You will acknowledge what I bring to the table. Let me give myself a round of applause. It's crazy. Sometimes I see some of this shit and I'm like, man, like I I've been meme culture. Who talked about meme culture? Nobody. Nobody talked about the memes? Only a select few of us that were crazy enough to talk about memes. in rooms where if you mentioned it, you'd get ripped apart. Who the fuck who built the foundation? Who built the foundation for you to go ahead and talk about it? You fucking have to acknowledge the OGs. I'm fucking tired of people not acknowledging the people that paved the goddamn fucking field out here. We built the goddamn fucking roadways around here. Now that it's cool, now that it's cool, now that memes are sort of accepted, meme culture is being accepted. Now it's well, fuck out of here. Hell no, man. I'm in the fucking conversation. I'm in the I'm putting myself in the conversation. And we got we got fucking receipts to go ahead and go and show off. So, what the fuck this is, man? What the fuck this is? What the fuck we talking about right now? What the fuck we talking about right now? Watch, you know, you know what? This cycle, as I've said, will be in terms of my last What I mean by the last cycle is like after this, I I I'm just going to do everything possible to call the right plays and just to showcase what I've always done on a larger scale. That's it. And after that, once I'm done, I'm done. And I'm just going to lay back. I'll do these podcasts, I'll do these shows where people contact me and they want me to come on. I'll start doing more of those things, but right now, it's going to be just heavily focused on building a movement. Calling the right plays, looking at the right assets that deserve a platform, that deserve to be seen. That's what I'm going to be doing. And we're going to win together. We people who move with me, we're going to win together. We are going to Listen, we might have to take some losses too. You can't be 100%. But being 80, 85, 90% correct most of the time on these things, it's going to be a beautiful thing. What I think happens is meme season. Then we'll get into some RWAs, we'll slash tokenized stocks. Then we'll lead into the utilities, the real utilities that I guess will be backed by institutions and others, push front, push to the front of the line. And then I think we end everything with NFTs. This will be the last run. I've said this many times throughout the years on this show. I I I believe this is the last cycle where you'll be able to get that 1000X, get that 2000X, 10,000X. This is the cycle you'll you'll be able to do that. As long as you seek value out. As long as you're out there looking for value, you will win. You will win. Or you will put your in you will put yourself in a better position to win. To win big. It's all about the frogs today. Pepe, Poo, Hoppy, this VC back toad and Auggie. Auggie is the community. The community is Auggie and we shall see what happens. Bitcoin is flying. That's what we know. Bitcoin does not give a fuck what you think. Bitcoin does not care where you want to see it. At 40, 50, 60, Bitcoin decided to go to 79. It does not care for what you think it or where it should go. Ethereum, Tom Lee today is dancing like no other. Tom Lee is happy. He's shaking and baking right now. He is absolute at this point, he's probably smoking a cigar. Ethereum is at 24 plus, 2400 plus Ethereum. Oh my God, could this be it? Could Ethereum be making its comeback? Who knows? But if Ethereum does make any sort of comeback, you can thank Robin Hood and you can thank Base. That's who you can thank. Robin Hood, Base for obviously helping resurrect Ethereum because sure cannot give credit to Vitalik because Vitalik is too busy writing a goddamn book about decentralized fucking governance, sci-fi edition, which apparently supposed to come out this year. So if it's anybody, and I mean anybody, it is Robin Hood and it is also Base. Those two are the things that will save Ethereum. And I believe that. Because they they want to see they they are they are opening their hands and arms to bring in meme culture. Come here guys, we'll build. Come here guys, participate here. They're finally recognizing. Base made a huge mistake. Base made a huge mistake by not acknowledging the runners that they had last season. They had things that went into the billions. And they didn't acknowledge it. No acknowledgment. They had a head start over Robin Hood too. If Robin Hood had a billion dollar runner, you think they wouldn't have acknowledged it? Are you kidding me? Base had Brett that ran to 2.3 billion. You would have thought that Base would have acknowledged it. They didn't. And and Brett still ran too. Brett on Base still ran to 2.3 billion without any acknowledgment.
[Part 4 of 8] [ 00:00] [ 00:00] DRB, somebody said. [ 00:03] LFI. Like all these things, no acknowledgement. [ 00:08] Grock has money? No acknowledgement. [ 00:12] None. [ 00:15] That's the difference. That's why Solana has been successful. [ 00:20] That is why Solana has been successful. They've recognized, not only they're like, okay, this is how I'm thinking of from the founders. [ 00:29] We have a good protocol here. We're building something great. We we are building something. Now we need an audience, okay? We got great products and we got great builders. We got a great team. We got a bunch of great people. We need an audience to showcase these things that we're building. [ 00:46] They recognized, hey, there are traders out there. They're into meme culture. They're meme traders. They're also culture traders. That's the line, that's the word that I want to use. They're culture traders. [ 01:01] Let's go get them. [ 01:04] Let's go get them. [ 01:06] And they have. [ 01:09] That's why Solana was able to take so much mind share away from Ethereum. [ 01:20] And you would have thought that Vitalik would have came out or somebody from Ethereum would have came out and said, hold up, we appreciate the memes. We're going to work, we're going to work something out here. No. Instead, you had articles put out there saying, memes are useless and we don't like memes. [ 01:39] We like charity tokens, not memes. [ 01:43] That tells me all I need to know is that Ethereum does not understand meme culture. [ 01:48] And then Vitalik tried to go ahead and switch his PFP to a lady to try to win everybody back. That didn't work. [ 01:56] Too far gone. [ 01:59] People don't want to [ 02:01] Solana made it easy. [ 02:03] You you're hardly paying any fees per transaction. [ 02:07] Unless you're talking about the fees that you're paying to the applications, but to transact on Solana, there's no not not much fees there. It's like a cent. [ 02:19] Whereas on Ethereum, it is like $13,000. And I'm being I'm exaggerating, but it is kind of like $13,000. [ 02:32] We had Ethereum week for one week. Return to mainnet. People return to mainnet. People from Solana tried to new traders tried to participate on Ethereum. They got sandwiched by Jared from Subway, Methbot it. They're like, fuck this, I'm out. This is I don't want this. [ 02:57] They went back to a place where culture is accepted, where the demographic that has been captured is an 18 to 35-year-old demographic. That is what Solana did. [ 03:12] Solana's first to the game with it. They understand. Even when I say first to the game, first to recognize, look, this could be big. We build an audience and then later on, these people finally understand or start learning about assets. They start learning about, oh, maybe I do need Bitcoin. Oh, this is why Bitcoin's important. Oh, I like Ethereum. Ethereum L1 Ethereum, I I like it. I understand institutions are building on it. Great. Oh, there are there are other things that I can maybe near protocol. Oh, chain link. They want to talk, you know, banks want to use chain link to tokenize assets and shit. Great. These things, these conversations start to happen. It's it's what I talk about with Dogecoin. Dogecoin, I always said it, on-boarded so many people into Bitcoin. Why? Because the community. [ 04:04] The community around Dogecoin was able to articulate why Bitcoin is important and how you can buy it. You can just buy a fraction of a Bitcoin. You don't have to spend $60,000. You can spend $500 every single week buying a fraction of a Bitcoin. [ 04:21] That's the difference. [ 04:23] That is the difference. That's why Solana is winning. [ 04:28] That doesn't mean that other protocols can't step up to the plate. That doesn't mean one day that a Cardano and yes, I love Cardano. I love what Charles has built. I love Midnight. I love Midnight City. [ 04:42] Maybe they take a little mind share there. [ 04:44] But that doesn't mean other protocols can't jump into the mix. But they're [ 04:50] But the time is now. [ 04:53] Cuz I'm telling you right now, I don't know how you're beating Solana right now. [ 04:59] Solana has put the shit in a choke hold. [ 05:05] Cuz they've embraced the culture. [ 05:08] They've embraced the culture. The founders have embraced the culture. Totally has embraced the culture. The foundation has embraced the culture. The culture within the culture has has has done everything to bring more people into the culture. [ 05:27] So for anybody who's hoping that people return to mainnet, that I honestly believe they'll only return for a few things and that's it. [ 05:36] You got Joe on there. You got Wojack on there. [ 05:41] You got a poo on there. [ 05:45] I mean, that that's really it. [ 05:49] You want to talk about Brett? I think Brett still makes a run. [ 05:53] DRB. Like there are a few things. Yeah, but otherwise, [ 05:58] I think Solana has solidified itself as the number one right now. [ 06:04] And people, you know what? I know a lot of people will hate me for it. [ 06:09] For saying that, but that's the truth. [ 06:12] And I've even said this, I even said that Solana, [ 06:17] I said this when pump.fun, no, no, I said this when Bonk came out. Forget about pump.fun. When Bonk came out, [ 06:27] I said, [ 06:30] I said this in the beginning, the first, my first reaction was because everybody's like, where they created Bonk, not not Solana, I'm just saying, whoever created Bonk, created Bonk to bring [ 06:42] liquidity back to Solana, right? So they created people created Bonk to create more liquidity to have liquidity come back into Solana. [ 06:55] And I was like, why do you need Bonk? Just like fucking if you want Solana, just go buy it. [ 07:02] That was my first reaction, but then I thought about it, I'm like, okay. [ 07:06] Here's their meme. And and Bonk did bring liquidity and they it brought Ethereum people and all types of memers into Solana. [ 07:17] And then slowly and gradually, [ 07:23] Solana started to take the mind share. [ 07:28] And now when you have, when you have this, when you have this built, now you can showcase your products. And that's what I said earlier, Solana has great products. They they've made products, they they make products look good. [ 07:46] They've been able to sell themselves now to institutional players. Makes it easy. We got an audience. Look. Look look at the volume on our chain. Look, look at everything on our chain. Look. [ 07:59] We got young, we got the demographic you want, BlackRock. Look, 18 to 35-year-olds. Your clientele is retiring. [ 08:07] We got your clientele. We got your clientele right here. Your new clientele. [ 08:14] They did a phenomenal job and I hope, I hope they continue to move forward and to continue to lay out things that keep the people excited. [ 08:28] Cuz we've saw what happened with with Ethereum. [ 08:31] Ethereum owned the meme economy. BNB tried to own it as well. Binance tried to take the memes as well. It worked for a few. Hey, listen, Asia's still on there trading memes. Let's not get it confused. BNB's still here. Binance chain is coming out with their own chain. They're still here. [ 08:51] And they will always be here. The Asian market will always participate on Binance. They are in love with Binance, they love CZ. They will never leave Binance chain. They will always support projects on there. [ 09:04] Make no doubt about that. [ 09:09] But Solana's king. [ 09:11] Solana is king of culture trading. That's what I'm going to call it moving forward. Culture trading [ 09:19] is on Solana. [ 09:22] That's it. And y'all can say, oh, David, how can you do this? How can you say such You know what? The Ethereum maxis who I talk to all the time, they think that memes are useless. [ 09:34] So you know what? [ 09:36] Enjoy your parties with BlackRock or with Chase, JP Morgan, whoever. That's fine. But you know what? You pushing away meme culture, which is bigger than anything in this space, which is used on a daily basis. Every second, somebody's on the phone meming. [ 09:59] It doesn't have to be tokenized. Somebody is on the phone, somebody is on social media and they are meming. They're absolutely meming away. [ 10:12] And you're going to fade meme culture? [ 10:19] Two years from now, people will be tokenizing themselves. [ 10:24] And those people are still not here. [ 10:28] But when they get here, they will be tokenizing themselves. [ 10:35] We have moved into a digital era. [ 10:43] When I talk about tokenization, it fits in a token in a digital era, it fits. [ 10:51] I was just way too early with it. [ 10:53] I don't understand why others couldn't see it at that time. That's fine. I'm not saying I was the only one, but there's one, two, three. I I can count it on my hand. [ 11:02] See, like Dalchemist, he's a huge Ethereum guy. [ 11:07] It's here's his comment. It's a lot of fools buying lottery tickets doesn't make it a great investment strategy. [ 11:14] I love Dalchemist. I think he's I think he's brilliant. [ 11:18] But this is what happens when you're really smart. You miss the plot. [ 11:24] You really miss the plot. [ 11:29] To push away meme culture and call it a lottery ticket is crazy. And I'm not talking and I never talk about those plays that are like lottery tickets. I can't stand them. But real memes that we identify with on a daily basis, that we use, that we use, that we send to our friends when we feel like expressing ourselves. You're meming. For anybody who does not like memes, you meme every single day. You are literally meming in comments, in text messages. [ 12:05] Memes make it easier, they're more relatable. People understand, will have a better understanding of all these things. They will have a better unless I repeat myself. They will have a better understanding coming through a Dogecoin than coming through Ethereum. 90% of the people that try to buy Ethereum can't say Ethereum. They can't pronounce it. [ 12:32] They sure do can relate with a picture of a dog. [ 12:38] Oh, Dogecoin. Cool. Wow, and people use this as a payment and now they're testing it out. Now you got they can go to AMC and they can pay with Doge and they can test it out. [ 12:53] There's dealerships that accept Dogecoin as a as a as a form of payment to go and get yourself a car. People use that. Oh shit, this is great. I used cryptocurrency to make a transaction. [ 13:09] How is this a bad thing? [ 13:11] How's how is it a bad thing when you have an enormous amount of people that came into this space through a meme coin and now hold Bitcoin, Ethereum, Solana, ADA, I'll fucking go through the whole list. BNB, they hold assets. [ 13:32] They literally hold real assets, chain link, near protocol. I can keep going. Mantle. Should I keep going? But they only know about this because they came through memes and that meme community broke it down for them in layman's terms. Cuz when I sit down with somebody and if I wanted to have a conversation about dope protocols, I'd lose the crowd. If I sit there and talk about, hey, let's talk about Kusama and fucking Polkadot. People are going to look at me weird when I start talking about parachutes and cross chains. I say this all the time. But if I sit down and I talk about Pepe, here's here's a you know Pepe. Oh, I know Pepe. Hong people of the residents of Hong Kong, the citizens of Hong Kong were protesting using Pepe as a symbol. Oh, I know that. I've seen troll before. [ 14:31] I use troll. That picture, I use troll to troll my friends. [ 14:35] There's an understanding, there's no language barrier. [ 14:42] And I and I think once you hard-headed maxis understand this, you can utilize the real meme culture. Culture memes, the real culture memes to the benefit of your projects. [ 15:00] Geico is not any less of a company because they have a gecko, which is a meme representing Geico. When you make these arguments and you say, it's a lottery ticket, it's not a good it's not a good thing to go into. Well, tell me why most of the Fortune 50 and Fortune 500 companies, why do they use memes? [ 15:25] Why? [ 15:26] Why do they meme their companies? Because they understand that memes bring a culture in. They bring an audience in and there they can sell them their products. They can make them check out their products. [ 15:43] Dog on Bitcoin. [ 15:45] Let's talk about Dog on Bitcoin. [ 15:49] You have Bitcoin maxis and Bitcoiners that are trying to figure out how do we get more people, not institutional people, but how do we get more normalized people? Normal people that you see in the streets. How do you get in? How do you get them into Bitcoin? [ 16:07] How do they how do you make Bitcoin interesting? Dog on Bitcoin. [ 16:13] What do you mean? [ 16:15] Dog on Bitcoin. Why not? [ 16:18] Here's somebody can go ahead and buy Dog on Bitcoin using Bitcoin to get into Bitcoin. And then if they sell, they get Bitcoin. [ 16:30] You're now utilizing your network. You guys in Bitcoin, ever since I came into Bitcoin, which is a long time ago, all I heard was [ 16:41] we can build everything on Bitcoin. So what is happening? Any single time there is any remote shot of building on top of Bitcoin or building within the network, Bitcoin maxis say, absolutely not. Let's come out with BIP 10 to stop all this shit. Let's call the miners and tell them, don't you dare go ahead and participate. Do you see how stupid it is? [ 17:12] You want to bring people in, but then once you got people that have developed something to bring in, to bring in the culture, to bring in new blood into your network. What do you do? You find a way to stop it. You find a way to ruin the wet dream. [ 17:31] And then you complain and you say, oh my God. [ 17:37] Oh my goodness. These people instead of buying Bitcoin, they're buying shit coins. Guess what, motherfuckers? They're buying air quote shit coins because you have not acknowledged them. [ 17:52] You say build on Bitcoin, yet you don't mean it. Cuz as soon as somebody builds on Bitcoin, you start trashing it, you open up spaces, you open up fucking [ 18:06] I was about to say something bad. [ 18:09] But you do open up these spaces and you start whooping and hollering and oh my God, how dare they? They're building on Bitcoin. Didn't you motherfucking ass say build on Bitcoin? Which one is it? Which one is it? What do you want? Do you want people to come to Bitcoin? Do you want more people, younger people buying Bitcoin? [ 18:31] Or do you want to just be or do you want it just to just you're just saying it, just say it. And then when it happens, you're like, no, I don't want to let anybody into the good old boys club. We're good. We don't need people building on top of Bitcoin, even though we say it, we don't need it. [ 18:57] It's dumb. You can't complain. [ 19:00] Shut the fuck up. Really, shut the fuck up. Anytime I hear a Bitcoin maxi complain, Max Keller, you you Kaiser, excuse me, not Keller. Max, here's a guy who says shit coin, shit coin. You created a shit coin. [ 19:19] That's the craziest shit in in the world. [ 19:23] Here you are, you came out with Max coin and then you talk shit about people that are trying to build on Bitcoin. [ 19:32] Make it make make it make sense. Maybe I'm stupid. Make it make sense to me. Allow me to understand. Please, let me understand. Maybe the IQ isn't here. Maybe I've suffered way too many concussions in my hockey days. Tell me, explain it to me. Write it on a piece of paper for me. Here, write it on this goddamn book for me, in my notepad. Explain it to me. [ 20:05] It's crazy, man. [ 20:06] It's it's probably the craziest shit that I hear. [ 20:13] And you know what? It hurts the entire industry. It really does. It hurts the entire industry. You talk about decentralization and free markets and then when people try to participate in a decentralized free market, you stop them. So you're no better than the centralized markets that don't allow retail to participate or be innovators in a goddamn space. [ 20:40] How dare you is really more like it. How dare you preach one thing and do the other? All you guys. [ 20:50] And then you wonder why? Then you wonder why people go to other networks and and they don't want to buy Bitcoin because they're like boomer coin. [ 21:00] And you can't do nothing on there because it takes nine years to vote on it. [ 21:04] How long did it take Taproot to come along? [ 21:10] Exactly. We'll be right back after this commercial break. I'll spit some more knowledge. [ 21:15] What first got you excited about blockchains? [ 21:18] Think about it. [ 21:20] Oh, wait. [ 21:24] I bet it wasn't multi-million dollar hacks, exposed data, or finding somewhere safe to store your seed phrase. Was it? Maybe it was the idea of decentralizing a broken financial system. [ 21:38] Maybe it was imagining a world where people own their own data and get to sharing the value it creates. [ 21:48] Or maybe it was the promise of a fundamentally better way of connecting, communicating, and transacting. The next phase of the internet that empowers us instead of exploiting us. So why hasn't it happened yet? We're we're still living with the same broken system that blockchains promised to fix. It's because blockchains can't keep a secret. Enabling open transparent systems was only the first half of the challenge. For blockchains to really change the world, they also have to be able to protect our sensitive data when it matters. [ 22:19] And that's why we built Midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web. [ 22:27] Let's build the internet we deserve. [ 22:30] Together. [ 22:34] Ladies and gentlemen, we all know this in crypto, ownership matters. That's why Cake Wallet. Cake Wallet gives you full control of your digital assets, all in one easy to use application. You can store Bitcoin, Litecoin, Zcash, Monero, and many more with just one secure backup. Swap between coins in seconds, no copying addresses, no complicated steps, and even includes Bitcoin Lightning for faster payments. And with Cake Wallet built in, you can use crypto in real life through debit cards or gift cards. Simple, secure, self-custody. Download Cake Wallet and take control of your crypto. [ 23:17] This is Houston. T-minus one minute until full data blackout. All eyes are on you. [ 23:32] Breaking news. There is an astronaut conducting an emergency repair on a global communication satellite that could go dark. [ 23:59] Ladies and gentlemen, we all know this in crypto. [ 24:13] This is Houston. T-minus one minute until full data blackout. All eyes are on you. [ 24:27] Breaking news. There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. We have a second angle on this. [ 24:38] Is that guy on FOMO? Oh, yeah. Let's get back to it, everybody. [ 24:57] Breaking news. There is an astronaut. [ 25:05] Opportunity cost is simply this. Every position you take is a position you choose over something else. [ 25:19] This just in. According to the astronaut's FOMO account, the highest in the room, the satellite has been restored. [ 25:27] This. [ 25:30] For now, the crisis appears to be over. [ 25:44] Satellite's up and running. Positions looking good too. [ 26:00] There we go. United States of America representing. Socialism, collectivism does not work. Digital assets is a better to move money at the speed of light through others. People are greedy when they also try to acquire goods. I'm here.
[Part 5 of 8] [00:00] providing electricity and that energy that is necessary. I'm the modern day Tony Stark. [00:07] I'm the modern day Tony Stark. [00:18] There we go. United States of America representing. Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. [00:48] There we go. United States of America representing. Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. [01:13] Welcome back. [01:17] Midnight. [01:20] Polymarket, Cake Wallet, FOMO. [01:23] Speaking of, [01:25] speaking of, um, [01:27] I'm not going to say nothing bad. You know what? I feel bad. Let's bring out our next guest. He's a part of the Gakshi Media Network. He has a show apparently on here. I've never watched it, but he has a show on here, uh, where he talks about all types of stuff. I'm trying to trying to find the the overlay for him. [01:47] Where is the overlay? [01:50] It's somewhere here. I can't find it. Look. [01:54] Uh, we'll have to go ahead and talk to, we'll have to talk to our editor. But hello, Rob Nelson. Welcome to my show. [02:02] You're muted. As usual. You're muted. [02:07] You're I'm I'm not reading your lips. [02:08] [Guest: Rob Nelson] Sometimes I don't like to talk. I don't like to have to be heard, you know. [02:13] What's going on? How's everything? What what what uh what do you think about the markets? Have you looked at the crypto market? [02:19] [Guest: Rob Nelson] Oh, I have I looked at the crypto market? Certainly I have. Um, you know, it's interesting, right? I mean, I I'm I'm actually kind of a believer that, um, Bitcoin is maybe not I'm not I don't think we're out of a bear market completely, but, um, I definitely think we are on the edge of the end of a bear market, if you will. I don't think we're in a bull market yet, you know. Um, but I definitely think we are, I don't know. Like, to me it's a question, does Bitcoin sort of top its its its 82? Does it go back to its high low, you know what I mean? Like, and if it does, I think that's significant. But it's interesting to me because, you know, chart the Landies of the world, the the T read leave readers, all really put a lot of emphasis on when it reaches a mark that it reached before or goes to a market it will reach in the future, and they all look inside these boxes. I'm a little wondering if Bitcoin's starting to break that. If Bitcoin's starting to operate more like traditional, um, you know, tradfi markets in which you can't simply say, well, it's last time Microsoft was at blank, now it's going to be at blank. I'm starting to wonder if it's reaching that point where it doesn't actually follow the four-year timeline. And I don't know. That, you know, I get it. It's it's it's truly you joke, you joke about Landy, he's going he's going to have a show and he's going to have the astrologers on. Like, they read it like it's like, you know, four years ago, four years now, here's the high low, here's the 52 mark, here's the 250-day average, whatever. I don't know. It's starting to just seem to operate like in its own little mindset. [03:58] Well, it's nice that it made this move. I mean, for the first time, if you're new, like I I said this on the show earlier, if you're new to the market and you've never seen a God candle, well, you've just witnessed one. it's a God candle. It it's it went ripping. It was nice to watch. It brought back memories. Um, [04:21] but I still think that you know, even though for me personally, [04:29] I think 60k was bottom. I think that was the bottom. Um, could Landy be right? Could the rest of the TA guys be right? Could we go to 40, you know, into the high 40s, low 50s? You know, like, could that happen? Could we uh, by the way, right now, if we go all the way, let's say to 82, and we hit resistance somewhere there, could we come crashing back down? Yeah. All these things are possible. Like, right now, like, we're almost there. We have bullish sentiment, but we're not bullish on the charts yet. We haven't flipped bullish yet. [05:10] [Guest: Rob Nelson] Mhm. [05:10] So, you you have to take it for what it is. I yeah, I'm glad that everybody's excited. I am glad that you know what? If you got into Bitcoin at 62 and and it's in this range right now, it's probably time for you to think, well, maybe I maybe I'm taking profit. Because if, you know, if I'm looking at the elite TA guys out here, they they're all under their pressure right now that there will be one leg down. So, these are the things that you could do or you could just not do anything. You could just not do anything and hold Bitcoin, let it do whatever it wants to do. If it goes back to 62, if it goes under 60, you can always buy again. DCA in. That's what I do. I don't chase I don't trade all day long, look at a goddamn chart all day long trading. No, I DCA. I don't care if I lose a million, two million dollars extra. I don't care about that. I want sanity. I got a business to build. I I want sanity. I want to be able to enjoy life. DCA. Yeah, you see the markets you you have our alerts on, you get there is no way that you cannot work these markets now. The available to Rob, you know what gets me frustrated? The available tools that you have, [06:24] in 2026, AI agents, stop losses, buys, like you could set everything up. [06:32] If you've if you're feeling like it's going down, set up a buy at 62, 63. DCA. DC fucking A. It's it's so simple. [06:45] You don't have to get gray hair from chasing, worrying, not sleeping. Oh my God, I'm going to go to sleep. 2, 3:00 in the morning, it's going to go backwards or it's going to go up and I'm going to miss You don't got to panic like this anymore. But you know what happens here, Rob? We have so many people in this market still. And this represents what this generation is. [07:08] I didn't have when I came into crypto, we didn't have these tools. You had to write out you had to write out addresses. You had to make sure that the address is right, that you fat finger something and send amount of money to the wrong address and now you're fucked. Okay? They have everything. These people now, I do not feel bad. These people have every tool at their disposal to be great. This right now, this next market will be the last bull market that has that volatility for you to make a 1000x, 10x, 20x. You won't have it the next run around. I believe that wholeheartedly. You won't have this. But you have it right now. Why aren't you utilizing your AI that you're paying for monthly? What and you don't even have to pay for it either. Some of them are free. Why aren't you utilizing everything in front of you to front run the markets? The institutions are telling you what they're doing. They're literally telling you what they're doing. And if even if they're lying, you can watch them on chain. Why are you being lazy? You came here to make life-changing money, if not generational. What are the fuck are you doing? And then you want to blame somebody else. You want to blame Trump. You want to blame the KOL, the influencer. They told me, they didn't tell me. Motherfucker, you're supposed to be the one who's telling yourself. You're pressing the buy and the sell button. Nobody else. If you listen to an influencer or anybody to make decisions, you're an asshole. [08:54] You're a 100% grade A asshole. That is available for purchase at the local stop and shop. [09:03] Rob, that's how I'm feeling today. [09:05] [Guest: Rob Nelson] Uh, you definitely have a have a feeling. I I feel like you should give yourself some applause. You just went on. [09:11] [Guest: Rob Nelson] A little tight rate. [09:18] [Guest: Rob Nelson] Yeah, take it all in, man. Take it all in. I'm excited to meet this uh uh Rex Liberty guy who's uh, you know, coming on the network. I I think I'm super excited about him. [09:27] Yeah, he said uh today, uh, I was hope I'm hopeful that he comes on today, but he said that uh they're rehearsing the band, the White Thunder, he's the lead singer, they're rehearsing with each other, uh, today. Obviously, shout out to shout out to Rex, man. What a guy filling in for me on the show. What a what a guy, man. And he's knowledgeable, and he's been in crypto, and he's been rugged. So it it's I I hopefully he'll be on the network. But what what are you Let me ask you a question. What are people around are are more people calling you now, Rob? Like and asking you, hey, should I get into Bitcoin? Should should I get into crypto? Or you haven't received those phone calls yet? [10:16] [Guest: Rob Nelson] No, actually, um, it's sad in a way. More people are calling me and asking me if they made a mistake. [10:25] Well, what do you mean by that? [10:26] [Guest: Rob Nelson] Getting into crypto. [10:27] So right now, they're actually right now they're calling you. [10:31] [Guest: Rob Nelson] Well, not in the last 24 hours. Oh, okay. But, you know, the last 24 hours have been great. But, um, it's it's funny. I've always told people, you know, I'm not you. I'm not a DCA person. I should be. I definitely enjoy something about the ride. I do like, I do like looking at, you know, looking at the price of Bitcoin in the middle of the night and thinking, huh, like it shot up last night like between like 2:00 a.m. and 3:00 a.m. like went up like $1,000 or something. It was fun. Um, I like playing a little with it. I I I probably should sell a little off and take profit more than I do when it's at a high point. I didn't do it at 120. But I definitely have always seen the Bitcoin space in particular as a unique space for to to acquire as an asset. And I I think I I brought a lot of people into that. And I've certainly had a lot of people in the last year call me and ask me, like, did I make a mistake? Why did I do this? You told me blank. You know, I really hate when people say, you told me blank. I love that you were saying when you're like, you're the one that hit the buy or sell button, you know, it's like, you told me Bitcoin would be at blank and now it's not. And I'm like, I'm sorry, you know, I I didn't realize I was responsible for your decisions. Like, I I did tell you what I thought it would be at. I also told you it's a risky asset, and it's a risk you take, and I also would tell everyone, make a purchase in Bitcoin, plan on keeping it for five years, you know, if you can't do that, don't do it. Like, don't put in there what you want. Yeah, you might get lucky and it goes way up. You also might go down on the way. So, put it put what you want to put there, knowing that you may not touch it for five years. You may choose to in the middle, but you may not touch it for five years. And what struck me is how many people have said, so I made a wrong decision. And and it made me wonder like, is this the world we live in where decisions are framed in such a short window that you can't go, I'm committing to something for the long term. I'm making a commitment. Five years isn't forever. Yeah. But if it doesn't work the way I want it, and I'm not just saying with Bitcoin. I'm now really pissed. Like, this is not what I signed up for. I'm sorry. I thought you signed up for the five-year plan. You know, I don't know, man. Maybe that's just where we are. [01:55] Uh, and speaking of where we are, I'm looking at Polymarket. Shout out to Polymarket. They're the official prediction market sponsor of this show. I'm looking at Polymarket here and the Fed, uh, Fed decision in September. People are, you know, obviously, the Fed is really quiet now under under Kevin, they're quiet. They don't come out and they don't talk. Okay? It's not like what we're accustomed to. But Polymarket has it 68% that there will be no change to the rates. And then there's a 32% chance that there is a 25 basis point increase. What do you think about that? Like, increasing the rates. [03:36] [Guest: Rob Nelson] I don't I don't see it happening. [03:40] Well, you just said I mean, but is there a chance that but it would be wild because here here's Trump, he nominates a new chair, his own chair, right? Even though he nominated Powell, but that was under his first term and like, okay, give him a mulligan because he, you know, he surrounded himself with a bunch of people that were looking out for their best interest. [03:59] [Guest: Rob Nelson] Right. [04:05] But here's Trump's call. Kevin goes in and now imagine if there's an increase. Like, Trump will go crazy. I mean, they need a lower rate. Trump wants lower rates, not hikes. [04:12] [Guest: Rob Nelson] He Trump Trump wants lower rates. Trump will have a shit fit. And he will he will literally, I mean, you know, he I it's it's amazing to watch the Fed raise rates in September. Trump will literally like go off his fucking rocker. Um, but and again, I understand, you know, like, you appoint people to things like, you know, it's like Supreme Court justices. The number of Supreme Court justices in in in the last 50, 60, 70 years who totally went against what the president who appointed them stood for. Like, it's amazing, you know. I mean, even you go back, Chief Justice Warren, one of the, you know, the guy who put in place so many landmark liberal, if you want to call it that, you know, I'm not against what he put in place, but I'm saying all kinds of things was appointed by Eisenhower, you know. It's always the Republicans who seem to appoint justices who then don't do what they hope they would do. But if if Kevin Walsh were to raise rates, I think Trump would literally just fucking snap. I think this would be worse than appointing justices who don't do what he thought they would do. But I'm not but to be honest, David, I don't think he I don't think this current Fed sees interest rates the same way that the last Fed did. I feel like we're moving to a shift where we're starting to realize the way the Fed operates is broken and outdated. They're chasing, they're chasing instead of leading, and I think maybe they get that. So I would be really surprised if they do. To be honest, what's the polymarket on them lowering a quarter percentage 25 basis? [05:58] They they it's it's 1%. So it's either they're going to hike it or they're going to leave it as is. I I believe that they'll probably leave it as is. It doesn't I I don't see there shouldn't be a call for a rate hike. I mean, there should be none. Uh, and I believe you leave it as is. I think they should do a cut maybe before the end of the year. Uh, that would be nice. Uh, unlikely probably, but it would be nice to go ahead and cut a rate, you know, 25. [06:27] [Guest: Rob Nelson] But why don't they why what what what about this? What if they just cut 25 basis points in September? What's the downside? [06:34] They won't do it. They won't do it. What's the downside? [06:37] They they don't feel like the economy's there yet for a cut. So even though the numbers are showing that the economy is heading in the right direction, they don't they don't see they they don't see, you know, for some reason they don't see. I want to look, I've I'm I'm a part of the camp of get rid of the Fed, you know, in general. [06:55] [Guest: Rob Nelson] I am. I am. [06:56] So it's not like I I hate the fact we have a third party in control of our money. Like that that is it is wild that and people don't know that. People people aren't educated on the fact that the Fed has, you know, they're a a third party. Some people they they're like, they're a part of No, they're they're a third party. And we have a third party controlling our bank account. [07:19] [Guest: Rob Nelson] Yep. [07:20] So I I don't want the Fed get rid of them. Let the United States of America control the money, our money. You know, let the who let the administration control the money. Fine, fucking make it Congress. Fuck, not don't make it you know what? I I don't even know. [07:36] [Guest: Rob Nelson] Careful what you ask for. [07:37] Yeah, right. The fucking give it to Congress, you'll never get anything. Um, [07:42] [Guest: Rob Nelson] But I hear you. It's so interesting and it's sort of a statement to how we accept things, right? It's like, people just accept the Fed. Like, well, the Fed said, well, the Fed did, well, the Fed didn't cut interest rates. Who the fuck decided the Fed should decide any of this shit? I mean, I know who decided it. I know our Congress and our government at I don't even remember when the Fed was first crowned. What, under Roosevelt? [08:10] Um, hold on. I believe so. I I I don't want to we're going to have to we're going to have to go ahead and Google that. [08:17] [Guest: Rob Nelson] But it would make sense it was Roosevelt. [08:21] But I I think it was you know, like the idea that we gave this outside, you know, committee appointed by the president, who once appointed has supreme power to do whatever the fuck they want without anybody saying yes or no, control. Essentially, we gave them the throttle on the American economy. [08:44] Correct. [08:44] [Guest: Rob Nelson] And we all accept it. Like, well, the Fed's not going it's like, well, mom and dad aren't letting me have dinner tonight. It's like, like, no. Like, I don't care I'd rather let Congress have it. Like, seriously, at least then we could vote them out of office. [08:58] Yeah, but they want to do shit. You know how that would work out. You know, they they wouldn't do shit. Um, they probably get us into more debt and shit. So from some, you know, I I don't know who would be in charge or who should be in charge, but I definitely don't want a third party in charge. You know, I don't need a third party telling us what the fuck we're going to do. Um, what I'm also looking at here on Polymarket is the Democratic presidential nominee for 2028. AOC is in the lead now. 18%. [09:33] [Guest: Rob Nelson] Yep. [09:33] Gavin Newsom 15%. What do you think about that? Do you think that she's making do you think she is making a run at the nomination? She got rid of her white boyfriend. [09:47] [Guest: Rob Nelson] Oh, absolutely. She's making a run. [09:48] She she she's losing weight, she's freezing her eggs. She's showing images on Facebook on Instagram or Snap, whatever it is, of her working out. You think that she's she's she's ready and prime for a run here? [09:58] [Guest: Rob Nelson] Exactly. Yep. I I think she's making a run. I think she's ready. I think she's primed. And I would caution everybody to not underestimate her. I mean, I I would caution especially conservatives and Republicans. And what I would say is, go look what the left and liberals and the mainstream did when Trump said he was running. And if you want to go farther back, go look what the mainstream and the press and the media and traditional politics did with Abraham Lincoln was running. I mean, Lincoln was literally mocked. People said, there are headlines in like the New York Tribune or whatever saying, this is because Lincoln was the first, you know, it was the new Republican Party. They're like, if this is what the Republican Party's got, this party's basically for shit, it's not going to go anywhere. Like, welcome to the world, Republican Party. You're a joke. You got Abraham Lincoln running your fucking ticket, right? Now, you know, he's like on Mount Rushmore, you know, like now he's like, you know, there's a monument to him in in DC. He fucking saved the Union. But they mocked him, and they mocked Trump, and they said Trump is a is a he's a Bud Light handed it. The guy's got nothing no chops, no ability. The right is going to be in big trouble if they do that to AOC. AOC has everything she needs. She's telegenic. She knows how to use social and and and and mainstream media to her advantage. She knows how to manipulate the cycles, get the message out she wants. She's positioning herself perfectly. Is she a rocket scientist? No. By the way, neither is Donald Trump. President Trump's not a rocket scientist either. [01:45] I'm going to disagree with you here because I just feel like I think you're wrong on this one. I really do believe you're wrong on this one. I just because if it comes down to debating, she's not going to be able to debate. If you're talking about she's not going to debate or like even if you, okay, let's put it even this way. Forget about debating JD Vance or Rubio. Okay? Forget about even debating them. Let's let's talk about her debating, you know, potential candidates from her own party. I don't know if she can go against [02:11] [Guest: Rob Nelson] Okay, let's let's line that up. Let's do let's do the exercise. Hold on, let's do the exercise. [02:14] Okay, I'm doing it. You think she can you think she can battle Newsom? [02:22] [Guest: Rob Nelson] Absolutely. I'm going to put I'm going to put I'm going to put three people on the table, and I'm going to qualify this by saying, I want to be super clear. This point is exactly what people said about Trump in 2015. You think he can handle Rubio, Ted Cruz, blah, blah, blah, blah, blah. He fucking dusted them off the table like fucking crumbs on Thanksgiving. So, just be remember, this is what they said about Trump. He won't be able to handle the intellectual heavyweights, those who are super articulate. That is literally what they said about him. He swept the fucking floor with them all. So, let's look at who it could be. Gavin Newsom, Josh Shapiro, and Moskowitz. I'm going to put those three guys on the table. They're all white dudes. One's Jewish. Um, I don't know what minority candidates are stepping up for this this time. I don't I don't know what what transgender, gay, black, Latino women are well, AOC's Latino, but other than her. I don't know who else is on the table. You got somebody you want to throw on there? Is Kamala coming back? [03:31] I'm going to tell you, look, she's she's not she can't look, she can't win against Kamala Harris. Harris is and I can't believe this, but Harris is a better debater than [03:46] [Guest: Rob Nelson] Oh, come on. [03:47] Hold on, hold on. Hear me out. Hear me out. She's a better debater. And by the way, thank you, Polymarket for this. Polymarket is the prediction market sponsor of the breakdown, and I go there to get the real gauge of what's happening. What what people are actually thinking. Like, that's the difference. I can actually figure out what people are actually thinking, uh, when it comes to who they want to vote for, unlike the pollsters that always continuously get it wrong lately. You know, they call five people and three people pick up and that's that's their polling. But Kamala Harris would wipe the floor with AOC. And and you hold on, but listen to what I'm saying. The girl the woman you voted for would wipe the floor with AOC. Do you do you understand what I'm saying? [04:35] [Guest: Rob Nelson] I understand what you're saying. I don't know why you're saying it, but yeah, it's like makes no sense. [04:38] AOC I I'm not calling AOC [04:40] [Guest: Rob Nelson] You're missing the you're missing the fucking [04:42] No, because you keep comparing her to Trump. Trump is a witty he's let me hold on. I don't want to say that AOC isn't smart. That wouldn't be fair. I'm not an asshole like that. [04:55] [Guest: Rob Nelson] You can say whatever you want. [04:56] No, but I'm saying I could say that, but it it I'm sure AOC is smart. But when it comes to debating and being quick on your feet, I've watched her in interviews where she didn't she has she doesn't need to be quick and she's unable to articulate. She doesn't know she doesn't know geopolitics. She she's she doesn't know a lot of stuff. So if if she confronts somebody from her own party that actually knows something, they will wipe the floor with her and they will make a fool. You're telling me, hold on. I'm a Landy. You're saying that she's going to be the Trump of the Democratic Party. Trump came in, if you watched those primaries, he came in and he just said, fuck it. I'm not doing this PC political talk. I'm going right after your asses and I'm going to talk about what all you guys do wrong and how you all get paid off and you don't give a shit. He but when he was witty, he can talk and he's smart. He don't get credit for that, but he's smart. You're telling me AOC can pull a Trump, the wit that he had. You're crazy, bro. You are crazy, my brother.
[Part 6 of 8] [David] [00:00] So, here's what I'm going to say. Um, and I I'm not saying she is Trump, I'm saying she's like Trump in a different way. [Caller] [00:09] No. [David] [00:10] I I I I'm I'm going to ask everyone to rewind the tapes in their heads. It is so easy to talk about Donald Trump in 2026, the most powerful man on the planet, who has literally proven he could survive anything. You think you're Iron Man or whatever you say in your your I love your your intro thing, you know, I think you're Tony Stark. I mean, you know, the guy survived not physical assassination attempts, but a political assassination attempt by an entire fucking government, the most powerful government in the world to bring him down, and the judiciary to bring him down, and the attorney generals of major states to bring him down. He survived an assault, a media, the most powerful voice mainstream in this country. He survived all that. To talk about Donald Trump in 2026, you are talking about a Titan who literally carried it on his shoulders and rebuilt the Republican Party. I am not saying Donald Trump is Abraham Lincoln, but there are two figures with a middleman Ronald Reagan who redefined a major political party, the Republican Party in history. One was Lincoln who started it, one was Reagan who redefined it, the third is Trump who literally took it like a fucking riding a bull and fucking roped it in. [Caller] [01:25] And you think AOC's going to do that? [David] [01:27] No, I'm saying in 2015, people went on on the airwaves, on the web, on on the internet, on all mainstream media outlets, just like we're doing here, and they made they said, you think Donald Trump is going to blah, blah, blah, blah, blah, blah, blah, and everyone laughed at it. What you're saying now is what they said about him then. Am I saying she did not, hold on, let me let me land the plane as you like to say. Am I saying she is him? Am I saying whatever, dude, fucking I got some room for the runway here. Is do I think she is him? No and yes. I think she has a different set of of skills. She she has an uncanny ability, which she's proven in the last couple of weeks, to read to read the room of what people want to hear to feel challenged, related, and then make herself relevant. I love the glasses. Bring bring bring Rex Liberty on. She is going to surprise you in the debates. She is not going to stumble, fumble. She's not going to do a Kamala Harris. Kamala Harris is a fucking sycophant. Kamala Harris literally will say, do whatever, and she stumbles on herself because she's trying so hard to please everyone. AOC will surprise you. She will she will she will do spin, pivot, and react in ways that the public's like, wow, I kind of like what she said. She's speaking a common truth. Donald Trump spoke a common truth. Underestimate AOC. I'm not saying she's Trump, but you underestimate, I said this 2015, underestimate Trump, you'll regret it. I'm going to say underestimate AOC, you'll regret it. Not they're not the same, but there's a similarity. Plane is landed. Put your glasses on. Bring in Rex. [Caller] [03:09] I I think [David] [03:10] Bring in your fucking alter ego. [Caller] [03:11] I I [David] [03:12] What are you talking [Caller] [03:13] I am not Rex Liberty, bro. Like you keep saying this. I'm not Rex Liberty. Okay? I've tried to get him onto the show. I hope he comes on, but like I am not Rex Liberty. [David] [03:28] Can you show picture of Rex? Can you show us picture of Rex? [Caller] [03:30] Yes, like I'm sure hold on. I'm sure I can find the picture of him. [David] [03:34] Can we see a picture of your Doppelganger? Can we see a picture of you? [Caller] [03:39] It's not me. It's we if we look similar, it's not me though. [David] [03:46] I'm I'm saying it's me. It's annoying. Let's put it on Polymarket. Is this is this David is this is this David Goxstein or not? [Caller] [03:53] It's not. It's not me. It's like weird looking. [David] [03:57] All right, let's see Rex. What what's his band called? Vanilla Vanilla Ice? [Caller] [04:02] No. [David] [04:04] Rex. Does he lip sync like they did? [Caller] [04:08] No, that this is not me. You keep saying it's me. It's not. [David] [04:14] Look at that same glasses too. Same you guys got you guys go on a shopping spree and get those glasses together. [Caller] [04:19] Everybody has Ray-Bans, big deal. Like, okay. [David] [04:22] So, ladies and gentlemen, meet Rex Rex Liberty. [Caller] [04:27] Yeah, everybody met him. They they love him and that's why we're trying to sign him to G Media. [David] [04:32] But that's not me. David Goxstein. Welcome to the Fight Club 2026 right here on Goxstein Media. [Caller] [04:38] Okay. I guess so. But uh ladies and gentlemen, we're trying to get Rex uh signed to G Media. Uh but again, like I said, he has rehearsals today. I tried to get him on to the program. I wanted him to be a guest for 12:45 to go ahead and talk about, you know, everything that's happening in the markets. Obviously, you heard his story. He came into the markets after retiring because he's not full-time anymore, but you know, after being the number one band in New Jersey, especially having a hit record out there in Marlborough, New Jersey, I think he said. Um, he went into crypto and he started dabbling. He's been rug before, but he's ready for this market, he said. He's absolutely ready and we're trying to get him on once a week. You know, we're trying to get him on once a week. Rob has a fascination with him. I think Rob saw Rex and he was blown away. I was blown away. I think everybody was blown away by Rex Liberty. And uh apparently they're going on tour within the town in New Jersey. Well, they'll be playing every wreck room. They'll be playing their hit song from the 80s, you know, white chocolate. Uh and apparently he was inspired by or the band was inspired by Deep Purple. [David] [05:51] He was inspired by Vanilla Ice. [Caller] [05:52] And Deep Purple and no, but they're he's a rock star. He's not he's not a rapper. So there you go. Shout out to Rex, man. Rex, what a what a guy, man. [David] [06:05] You know, you know what's you know what's fascinating to me, you know, if we want to if we want to like, you know, if you want to like what you know, put the tin foil or the pink thing on. [Caller] [06:17] You love putting pink on. [David] [06:18] Is it's amazing that you guys both have the same like little white thing in your goatee thing. It's just amazing. The similar like, you know, I'm going to say, if you're going to like make, you know, a Doppelganger AI, you know, alter ego, maybe change it up a little. Maybe maybe put some stuff on there for him, so it looks like [Caller] [06:38] I mean, the guy the guy is older than me, so I have no clue, man. If I have a a few white hairs on my beard, I mean, [David] [06:46] What is he he's got he's got 50 you're 45, he's 50. [Caller] [06:48] What what are you comparing me to anyone else now? Like I'm a co-host. [David] [06:51] You're 45, he's 50. [Caller] [06:53] Okay, call me 45. You can keep you can keep making up these numbers to make yourself feel younger. Is that what you're doing? [David] [07:00] No. [Caller] [07:01] Ever since you've seen the thirst traps, which to me, they're just workout pictures, but they have been classified as thirst traps and you've been very angry. [David] [07:12] No. [Caller] [07:13] No, you have been absolutely angry. Let's go and look at some of my workout pictures. [David] [07:18] I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not I'm not 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[Part 7 of 8] [David] [00:00] It hasn't because the ship could have left for crypto also and it didn't. [Guest: Rob] [00:03] No, I think it takes somebody who's willing to go ahead and really take AI to the next level and integrate it correctly into the space. [David] [00:12] I don't think I don't think there's any. You don't think AOC is going to be the next president? [Guest: Rob] [00:18] I didn't say she's going to be the next president. I said she's [David] [00:20] No, you know what? I think you're a part of the Democratic Socialist Association. I really think [Guest: Rob] [00:26] You're a DSA. You have DSA written all over you. [David] [00:30] You know, you know, [Guest: Rob] [00:31] You know what? That hat that you're wearing right now should say not T and B. It should say DSA. [David] [00:37] You know. Supporter. Not supply, but supporter. [Guest: Rob] [00:41] You know, you you and President Trump share something in common, which is whenever you hit a point [David] [00:45] Well, one thing we don't share is a a pink little fluffy. [Guest: Rob] [00:50] Whenever you whenever you hit a point of resistance, your approach is to try to totally like [David] [00:57] Don't stutter up now. Don't stutter up now. [Guest: Rob] [01:00] I'm trying to think of the right word. [David] [01:02] You don't know words. You want me to help you with words? [Guest: Rob] [01:05] No, it is that you you you you go like scorched earth on it. It's there's not like I disagree with you on a point. It's like Marjorie Taylor Green is a traitor to America. It's like she she's actually not. She's actually partly why you're president and she disagrees with [David] [01:21] She's not the reason why Trump is president. Are you kidding? She used. [Guest: Rob] [01:26] She without without Oh, you're in the fucking you're drinking the fucking without [David] [01:33] Nobody knows who she is anymore. [Guest: Rob] [01:35] Without MTG, she gets no fucking traction in Congress. She led the fucking charge by herself when everyone else, when no one wanted to fuck, when everyone, when mainstream Republicans, including probably you, had written him fucking off, written him for dead, we're moving on, the fucking he's gone. She fucking held the flag. She fucking ran the banner in there. [David] [01:58] Okay. I know you're a Democrat. [Guest: Rob] [02:00] She fucking American Revolution. She held the fucking flag. And then they all got on board. [David] [02:03] You are not. You are a Democrat. [Guest: Rob] [02:08] But he [David] [02:09] You are a goddamn Democrat. Oh my God, it is coming out of you, bro. You are a Democrat. [Guest: Rob] [02:15] This is what you do. [David] [02:16] No, but it's true. Why is everybody? Hold on. Why does everybody in in my audience believe that you're a Democrat? It's not me saying it because you have [Guest: Rob] [02:27] Because it is written all over you. [David] [02:30] Because David, because you've got a bunch of followers who hear everything you say like it's the gospel. The gospel according to David. [Guest: Rob] [02:38] And and Rex Luther just happens to literally have all your mannerisms, but he's not you. [David] [02:44] Rex Luther, Lex Luther. Who the fuck is Lex Luther? [Guest: Rob] [02:48] Lex Luther is actually the the bad guy in um in Superman. [David] [02:52] Yeah, who the fuck is that? [Guest: Rob] [02:54] Lex Liberty, whatever. [David] [02:56] That is so disrespectful to Rex. Rex, I apologize. We have this guy here who's batshit crazy, bro. I have no clue what's wrong with him. Anyway, it was nice to have you on here, Rob. [Guest: Rob] [03:06] I'll talk to you. [David] [03:07] And uh I'll see you next week and I'll also come on to your show on Wednesday. [Guest: Rob] [03:11] Yeah, so you say. [David] [03:12] Next week. [Guest: Rob] [03:13] So I say. [David] [03:14] Anyway, I hope you I know you have to go. I know you have a a campaign to AOC DSA. Uh hope hope that goes well with the three people that show up. [Guest: Rob] [03:25] Yeah, go take full screen. Tell tell your devoted followers whatever message you want them to believe. [David] [03:31] I will. About the future. [Guest: Rob] [03:32] That's what you know what's great about this? [David] [03:35] That's what, you know, the privilege of having your own show, right? The privilege of being able to have your own show and you can say what the fuck you want on on this. [Guest: Rob] [03:44] You know, David, you know, do you know, you know, you know, honestly, um, [David] [03:49] Just say it. I'm great. You look at me and you're like, man, that that guy. [Guest: Rob] [03:54] You know, Justin Bieber said it best. Go love yourself. [David] [03:58] Yep. Okay, and I will. Thank you, Rob. Appreciate you. [David] [04:02] That is Rob Nelson, a veteran of Fox, his own shows. He's had them on Fox. [David] [04:12] He's had them. And he's now on this network bitching and complaining about me. Working out, looking good, staying in shape. I don't know. I don't know what's up, man. Why are people so jealous, man? Man, appreciate. Don't be envious. Appreciate me. [David] [04:29] Anyway, we'll be right back after this commercial break. [Speaker] [04:33] What first got you excited about blockchains? Think about it. Oh, wait. I bet it wasn't multi-million dollar hacks, exposed data, or finding somewhere safe to store your seed phrase. Was it? Maybe it was the idea of decentralizing a broken financial system. Maybe it was imagining a world where people own their own data and get to sharing the value it creates. Or maybe it was the promise of a fundamentally better way of connecting, communicating, and transacting. The next phase of the internet that empowers us instead of exploiting us. So, why hasn't it happened yet? Why are we still living with the same broken system that blockchains promised to fix? It's because blockchains can't keep a secret. Enabling open transparent systems was only the first half of the challenge. For blockchains to really change the world, they also have to be able to protect our sensitive data when it matters. And that's why we built Midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web. Let's build the internet we deserve. Together. [Speaker] [05:54] Ladies and gentlemen, we all know this in crypto. Ownership matters. That's why Cake Wallet. Cake Wallet gives you full control of your digital assets, all in one easy to use application. You can store Bitcoin, Litecoin, Zcash, Monero, and many more with just one secure backup. Swap between coins in seconds. No copying addresses, no complicated steps, and even includes Bitcoin lightning for faster payments. And with Cake Wallet built in, you can use crypto in real life through debit cards or gift cards. Simple, secure, self-custody. Download Cake Wallet and take control of your crypto. [Speaker] [06:38] This is Houston. T minus one minute until full data blackout. All eyes are on you. Breaking news. There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. We have a second angle of this. Is that guy on FOMO? Yeah, let's get back to it, everybody. Breaking news. There is an astronaut. Opportunity cost is simply this. Every position you take is a position you choose over something else. This just in. According to the astronaut's FOMO account, highest in the room, the satellite has been restored. Yes. For now, the crisis appears to be over. Satellite's up and running. Positions looking good, too. [Speaker] [08:29] There we go. United States of America representing. Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. Welcome back to Welcome back to the program. I think we've touched base on everything today. Rob is upset that Auggie is not in his portfolio. Probably is. Uh, I'm I'm really should I retweet the show on X? Should I retweet? Guys, you want to retweet the show? Maybe we talk about Auggie. I will stay on here if Auggie hits 100k. You got 30 it's 3:02 p.m. Eastern Standard Time. I will stay on until 3:30 if Auggie hits 100k. 100k market cap. Let's see what the community can do. Let's see what the community. You know what? It's really not about that, but let's see. Could we go ahead and flip? Can we flip? How about this? Can we flip Toad? This team move version. This team move version of Auggie. Can we flip this today? Or can we show some signs of life? Like, why should I tweet about it? If there's a community, if there is a community that is about that life, why do you need me? You don't need me. I've already went in. Like, I can show you. I'm on FOMO, man. I've already went in. Let's go ahead. I'm hold on. Let me reload this. To bring on FOMO here. I'm already in this. Hold on. I'm on FOMO right now. Look at that. It looks so it it looks so it has time. It has had time to cook. You can look at this right now. Look. Look at this chart, man. Look at the it has had time to cook. That is what you're looking at. It went up, down, up, accumulated, up, got to a different level here, went down, up again. It wants to. If we're talking about the frog markets, If we're talking about the frog markets, you got to include you just got to include Auggie in the picture. Auggie is a trendsetter. Auggie was the inspiration for Matt Fury when he made Pepe. There are people that will say that hold up because a lot you know, he looked at the the ship from Argentina. There was a Pepe-ish kind of frog. He looked at the end of the day, he came out and he went into multiple papers stating stated the fact that Auggie was the inspiration. Again, I don't expect this shit to go to millions yet. That can happen next week, a month, six months. It depends. It's when the market decides. I always say, the market will ultimately decide the winner. That is it, bottom line. The market decides the winner. The market truly decides. Bottom line. Now, ultimately, you don't have to go in to support. You could just talk about it. I say this all the time. Even the white bull movement or the movement that I have going, you don't got to be in it. You could just support. I say that all the time. You could just be supportive. We could support each other. Especially when you know the shit ain't VC backed. Especially when it's not VC backed. The VCs hate it when I talk like this. What is this? What the hell did I jump to, man? What did I jump to? What is that? Anyway, I like Auggie. I I do like Auggie. I hope it wins out. Listen, three years ago, what not, I talked about Auggie when it was on Ethereum. That shit went to 7 million. Now you have this that's on Solana. You guys threw it in here. I went in. I love nothing more than to see this pop off. That's really it. Listen, I I don't know who's leading, whatever. I I listen. Whoever's leading this shit should be fucking going ape shit. That's bottom line. And again, I feel like I have to address I feel like I have to address this every single day. It's really this does this is going to be the last time I address this. It really is because I I want to make sure because I do and I say this all the time since day one. I care about my audience. I care about the people that tune into me. There have been people that have tuned into me since the very beginning. That's 2016. Tuned into me to hear my thoughts, to hear me on a podcast talking about the industry. At the end of the day, I'm going to say this again. I'm going to say this loud and clear. And I'm not even angry saying this either. I've had a brand before any of this stuff. Okay? I made a wallet. I made a wallet on on pump. I said I'm buying memes, okay? That's all I said. I'm buying memes and then I got sent five different white bulls, okay? During that process. And I've looked also there was there's over 100 plus white bulls that have been created. I will ultimately decide what I go with if I go with anything and that's what I've been saying since day one. And I've said if you want to support me, you want to get behind a real movement, you want to go ahead and heal the space, let's do it. Let's let's do it, but it doesn't need a token. It doesn't need anything. It really doesn't. I've bull posted, but that's only because I've been the bull since 17. I've had pictures created of myself, not by me, but others creating pictures of me as the bull. I've always been the bull. So, to make it even more clear, if you've gone into certain things, you've gone on you've gone into things based on your theory of where I'm going. And I keep saying that I haven't chose anything. And this is not me fudding or anything. It's just I haven't chose anything. I haven't picked anything and the whole message has continuously been if I bless something, if I endorse something, I'll let you know. That's why I say it every single day because I'm not going to be the bad guy. I will not be the bad guy. I will not be the bad guy. And I will not be guilt tripped into anything. I've talked to people in the DMs. I said, hey, I'm not talking about anything. I haven't endorsed anything. I haven't done anything. I want to and I always say this. I want to reply to your messages. I can't because you guys put in tickers. If I reply, then it means that, hey, I'm acknowledging something. At the end of the day, I've built a brand. I built a top brand. People have acknowledged that my brand is top. And I'm going to move accordingly so I don't ruin my brand and I don't hurt anybody because my intentions are always pure. Bottom line. So whatever, like I said, I'm going right back to it. Whatever I deem to choose, it will be my decision, my decision only. And y'all are going to have to respect that shit already. That's it. Bottom line, man. And I'm not even frustrated anymore because I I've already said it ad nauseam. I repeat I feel like I repeat myself every single time I come onto this show. And it's almost not making it fun either. It's like it's not making it fun because it almost feels like I'm being pushed into making making a choice that benefits people rather than benefits what I'm trying to do. So I'm going to do what I want to do. That's it. Bottom line. I love you guys, but I will do what I want to do. Okay? And hopefully y'all respect it. And if you don't, I'm not the bad guy. I'm not the bad guy. Bottom line. I'm done talking about it. I will no longer I will no longer address this. You know why? Because I've addressed it every single day. I've addressed it every single day. And all I've asked was, do you guys want to rally behind a movement and do you want to rally behind me as I go toe-to-toe? Community versus VCs. Community brings back the fucking energy that the space used to have because I'm going to do it regardless. So it's like I get to pick that. And if you ride with me, and I'm going to say this one last time, if you're riding with me and you fuck with the message and you fuck with that movement, then you will fuck with whatever I decide to go ahead and do. By the way, now I got to stay on here until 3:30 because we just hit 104 on Auggie. Here live on FOMO. Auggie, 104.1k and that is not a radio station either. And that is not a radio station either. You know what it is? I feel like I need to explain myself every single day. You know why? Because I really do give a shit. I I care, but at some point, I I I can't talk about this anymore. I cannot continue to talk about the same thing and be repetitive and say it over and over again. Like my my brothers and sisters, I love y'all. I want to win with all you guys, but I make the decision. It's my brand. That's it, bottom line. Y'all can't send me something and then tell me what I need to choose. It it doesn't work that way. It doesn't. It it it's not fair to me. I I I pick what I want to pick. And we'll make sure that the whole community rallies behind everything that we do. That's that's what I'm about. That's it. I'm I'm I'm building out here. I'm building, bro. It might sound like I'm frustrated, but it's only because I want people to hear me because I'm not I'm not somebody who just like fucking plays around with emotions and shit. Like I I don't do these things. So hear me when I'm saying this. Hear me. Hear me when I'm saying these things, man. I fucking came on here to just buy memes, to showcase the real memes. That's all I wanted to do. Showcase the real memes. You see, there it goes, the guilt trip. Listen, like I again, I'm going to say this. I'm going to say it one last time. I'm going to pick what I pick. And that's it. And by the way, the movement's the movement. So, you got the movement. I am the there is a movement happening. I got a lot of people in my DMs. I'm talking to a lot of people. They appreciate everything that I'm doing because I don't need to be doing any of this. So, that's it. Done. Not talking about it no more. I said it. You can replay this. You can put this in the archives. We are 110 right now. 110 is Auggie on its way to flipping the T-Moo version of itself, which is Toad. Much respect to the community, I guess, in Toad. But is Auggie on its way? I believe in Auggie. Yo, how cool would it be if Auggie goes ahead and flips Toad? That means the community sends a message. The community will send a message saying that we don't give a fuck about your VC shit. That we make the meta. Nobody else but us. We make the meta. Not the VCs. That hate me. By the way, the VCs hate memes. The VCs absolutely hate the memes. And now they're here pushing their own people and pushing their own meta out here participating in the memes. Fuck nah. Get the fuck out of here. I remember how you guys used to terrorize me about the memes. Y'all hate memes. Y'all hate the culture. Y'all hate meme culture. Now you're trying to extract from it. Hell nah. The community shall win. I'm telling you, when this movement gets going, this is going to be bigger than what Roaring Kitty Deep Fucking Value part two had. And y'all don't y'all are going to go go on national TV crying. You hear this guy? He has his own show. He's out there on the breakdown. He's telling the people to come together against us. Oh my God, somebody help us. Brick by brick, we will show them. Brick by brick, watch. We will show them. Not today, it'll be tomorrow. If not tomorrow, next month. If not next month, six months from now, we will show them that we run it. We we we we. And I'm not talking French, but we run it. I love seeing that, man. Love seeing that. So you have Auggie Auggie's over 100. Can it hold it? Is the question. Can it hold over 100? We shall see. I'm actually happy right now. I'm watching Auggie at over 100. Over 100. And now people might laugh. They might laugh and say, ew, that's only 100. David, I thought you had motion. Watch and wait. We will see. This whole motion situation, we'll talk about it in the next few weeks, maybe months. We shall see. Let it play out. Why are y'all so scared? The first thing you point to is motion. Good cooks take time. That's it. I don't want this shit to go to millions yet. I want the foundations to be fucking built. If we're if we've gone into this, we need to build the foundation. We need to just continue to build the foundation around it. This movement is going to be psychotic. What we're going to accomplish is going to be epic. Epic. It is going the movement will be epic. It'll be a it will be something you'll want to watch at IMAX in an IMAX movie theater. It's going to be epic. You're going to get hit in 3D with it. 4D, whatever. 5D chess. We're doing this. We shall send them a message.
[Part 8 of 8] [00:00] Elvis, shut your mouth and go ahead and participate. Go call your grandmother, tell her, man, grandma, I know you're, I know you're watching grandpa play Dominos, but Auggie's moving. It's over 100. We got to get on it. [00:15] Trade the welfare checks, trade the, trade the social security checks for crypto. [00:21] [Applause] [00:33] Elvis is my biggest fan. He's one of my biggest fans. I love it. Elvis, [00:40] We appreciate you, man. [00:43] We appreciate you. Elvis is probably shilling on us too, man. Anyway, Auggie did well, went under 100 now, apparently. So that means, yeah, Rob is yeah, yeah, probably Kamala. Uh, on that note, I want to thank everybody for tuning in. It's been, it's been three hours. I want to thank everybody for tuning in to the show. I don't know, I might do a pop-up show on a space. I might go ahead, I don't know. I might go ahead and do another live show later on tonight. I might just do a show all about crypto where I go ahead and buy crypto up. Maybe I do it on TikTok, maybe I do it on X, maybe I do it on Kick. I'll let you guys know. But I would love to see tonight Auggie make a move. It would be really cool to see Auggie make a move on a Friday night. Holy shit, Auggie's at 114. [01:38] 114, Auggie. [01:41] How do I get off? [01:45] [Applause] [01:46] Auggie's at 114. Let's go. And nobody even knows about this. This is crazy. Nobody besides anybody who watches this show, and we have a lot of people that watch the show from a political standpoint, and they're not into crypto yet. Guys, you got to come into crypto, okay? You got to come into crypto. The ultimate goal is Bitcoin. But you got a lot of people that are here that aren't participating in crypto because they're in here for sports, politics. A lot of people tune in for crypto. But then I have a whole audience, a whole audience that misses me and they want me to be on spaces talking about this. Maybe, maybe I'll go on spaces and talk about Auggie. I don't know. We shall see. We shall see. [02:31] We shall see. Wait to, now I got to wait to screw over, uh, wait to screw over a group of holders. Who did I screw over? Show me where I said something and I screwed somebody over. Go ahead. [02:45] You don't have nothing. And that's the point. This is what I don't like. So I'm going to I'm going to say this. [02:55] What Elvis is saying is what some people are thinking. So I will acknowledge this one last time. What Elvis is saying is what some people are thinking. So let me address it. Elvis is a holder of something that I did not go ahead and endorse and I didn't call at all, okay? I have five in my wallet. I am the bull. 2017, 18 pictures and art was created of me as being as that, as so. And here you have Elvis. If I don't and I've got plenty of DMs in my DMs saying that people are being told to go into one specific thing and then people are being told that president David, he has to pick this one or else. Guys, this is why I know I've done and my people have watched me. I just want to let you guys know too. My people have watched me very carefully. My language is very careful because I care about my audience. I care about my audience and I give a fuck. I give a fuck. I give a fuck. That's the difference. Now I'm angry a little bit. Now now it's a little bit. Now now you lit the fuse. Now you lit it. Okay? Now you lit it. At the end of the day, I'm going to repeat this again. I stated nothing. There was no soft shill, you motherfucker. There was no soft shill. And now I'm going to say this. I will do whatever I want with my brand. Bottom line. If you don't like it, you can suck on an apple. [04:32] And eat an apple. So you can go ahead and stay healthy. That's it. I will do as I wish. Hopefully, you picked the right one. I don't know. Anyway, on that note, I'm not going to be triggered by a homeless person on a Friday. [04:51] I'm going to go work out and then I'm going to enjoy the rest of the day. My brand, I do whatever I want. At the end of the day, I'm leading a movement and you're going to be sidelined and your bitch ass is going to watch it. Go para fucking bolic on everything. Anything that I fucking go ahead and talk about, watch that shit. That's it. Done. Bottom line. I'm out. [05:11] [Music]