Indexed by the Research DeskTranscript AI-assisted from the recordingNot investment advice
Key points
- AI is crucial for innovation in digital credit and securities, enabling billions in value.
- AI will democratize complex problem-solving, making advanced capabilities accessible to many.
- Bitcoin and other cryptocurrencies are superior forms of money due to their inflation-proof and limited supply characteristics.
- Privacy technology, like
In their words
“I couldn't have done any of it without AI. If if we had not had AI, we would be $8 billion less.” 0:10:07
“I'm a big believer in using AI to design new things. And look, I'm just I focus upon digital credit and security.” 0:30:00
“Now every 16-year-old has a thousand PhDs at their fingertips. And so I'm very bullish the world's going to be a much better place.” 0:53:00
“I don't want to blow it all right now. I want to hold on to it. And, you know, gold is a way to do that.” 1:44:00
“You can't really do that in a fiat currency that's just being printed, you know, into oblivion.” 1:50:00
Chapters
- 0:00:00AI's Role in Digital Credit and IPOs
- 0:28:00AI for Innovation and Problem Solving
- 0:52:00The Future of AI and Digital Technology
- 1:10:00Gold vs. Digital Gold and Greed
- 1:29:00Preserving Wealth and Bitcoin's Value
- 1:57:00Bitcoin's Speculative Frenzy and AI's Impact
- 2:04:00AI and Privacy in Cardano's Midnight
- 2:33:00Bitcoin Users Want Privacy, Cardano's Role
- 2:49:00Bitcoin DeFi with Taproot and Stablecoins
- 3:14:00Midnight Coordinates Bitcoin DeFi
- 3:37:00Bitcoin as Better Money
- 3:50:00Inflation-Proof Money and Wealth Preservation
- 4:07:00The Importance of Sound Money
- 4:24:00Real Estate vs. Bitcoin and Maxis
- 4:41:00The Value of Knowledge in Crypto
- 4:53:00Privacy as the New Standard in Crypto
- 5:13:00The Future of Privacy Coins (
Covered in this episode
Transcript
Show the full transcript (4 segments, 18,628 words)
[Part 1 of 4] [David] [00:00] We've issued eight billion dollars worth of digital credit this year. And the most successful IPO of the year was stretch. It's STRC. It was two and a half billion dollars. I couldn't have done any of it without AI. If if we had not had AI, we would be eight billion dollars less. We five IPOs, none of them would have happened because I used the AI to design the securities and solve all the tax problems and all the securities law issues. You know, so I like I'm a big believer in using AI to design new things. And I look, I'm just I I focus upon digital credit and security, but there's someone there thinking about how to make a car drive and cure cancer and like like aren't there like a hundred million problems the human race has to solve that we that you're like, well, you're going to need a thousand people with PhDs to solve that. Well, guess what? Now every 16-year-old has a thousand PhDs at their fingertips. And so I'm very bullish. The world's going to be a much better place and and we're going to see an age of empowerment and and abundance because of digital technology. [Caller] [01:10] People are greedy when they also try to acquire gold. Not really. I mean, people who buy gold are trying to preserve. [David] [01:15] We've been greedy for centuries. We have centuries of people being greedy to go ahead and acquire gold. [Caller] [01:21] Well, no, well, you're talking about to acquire wealth. Yes, people are greedy in that they want they want more things and there's nothing wrong with that. But when they're converting what they've earned into gold, that's not the greed part. That's the preservation part. I I I've I've earned all this money because I was greedy. Now I don't want to lose it. I want to store it so I can use it later. I don't want to blow it all right now. I want to hold on to it. And, you know, gold is a way to do that. You can't really do that in a fiat currency that's just being printed, you know, into oblivion. So, uh, but but but, you know, the greed is in the speculative frenzy that accompanies Bitcoin. [David] [02:04] They tell me that I'm the reason they own Bitcoin because they listened to me years ago about economics, about sound money and and and the Fed and inflation. And I'm the one that got them. [Caller] [02:17] Plus there's a lot of new technology in Midnight that's going to make the use of Cardano safer. Like Midnight Passport will be the fastest, safest and easiest way to use Cardano. So, we gain all the usability enhancements. Plus I'd argue Midnight is an essential component for Bitcoin, for Bitcoin DeFi. When you look at that side of it, you're like, okay, Bitcoin users, they want privacy. So, Cardano could do a lot of the heavy lifting on the programming side, but where is the private coordination layer to do all that? So, we're actually working on this program, our Bitcoin DeFi setup, where we call it the the circle. So, you start with Bitcoin and Taproot. I'm going to put 50 Bitcoins of my own money into this just to prove that it works. So, you start with Taproot and Bitcoin, you lend it to stable coins. So, that'll cross Cardano through a specialized transaction through the bridge. And then that stable coin will then be deployed into a yield bearing instrument. And then as you make yield, the yield is converted to Bitcoin and then it's sent to your Taproot. And then Midnight coordinates all of this with privacy. So, you you have like all three networks working together, and you have this circle, and then from the Bitcoin user's perspective, you just give them a button. Make money. Click the button. And then it locks their Bitcoin, they just start generating a yield, the security actually is encrypted to Taproot on the Bitcoin network. So, it meets my three rules that I have for Bitcoin DeFi. One, there's only Bitcoin. [David] [03:37] Bitcoin, Litecoin is better money than than fiat, obviously. Also better money than gold. I I think it's I believe it's the best form of money that um humans have ever come across. Right? Money being good, meaning that it's um it's inflation proof, right? No one, no single person, company or or government can print more money, right? Can't print money and say the way the money you're holding, uh, you're storing, right? That's kind of one of the key things about money is if you work hard and you make money, you don't want that money to kind of disappear over time, not from your own doing. Right? So that's that's key and Bitcoin, Litecoin and uh more cryptocurrencies, um, is able to to do that. [Caller] [04:24] I could have the argument that real estate's better than Bitcoin. For a number of reasons, by the way, depending on who you are. Um, your audience could probably disagree because they're probably a bunch of, you know, Bitcoin maximalist. [David] [04:38] They don't have as much Bitcoin as the real estate guy. By the way. [Caller] [04:41] No, I I'll tell you right now, hold on one second. See, that's the funny thing, dude, that me and my brother were talking about this yesterday. You know, the guys that know the most seem to have the least. [David] [04:53] 100%. That that I can probably agree with you on. [Caller] [04:57] It should be a bigger issue within the crypto system and the ecosystem. What do you think? [David] [05:02] I think it will be. I think privacy is going to be the the new if you want in my view, and this is what I'm tasking the investment professionals at Mailstrom to sort of figure out. I think that the stand out shitcoin or, you know, few shitcoins of 2026 to 2028 will be related some way shape or form to privacy. We already saw the, you know, amazing move of Zcash over the last few months. Yes, it's down 50% from the 780 high, but I think again, my goal is, you know, my mental model is 10 to 20% of the value of Bitcoin. That's where Zcash comes up. So much higher than where it is today. But, you know, taking away Zcash, what is the token project or protocol that's going to utilize some privacy technology, probably something like ZK or knowledge proofs to do something whether that's quantum resistant, you know, the overloers can't be anonymize the data or, you know, see what you're doing, whatever it is, right? These are the things that we were latently afraid of of of what bad things that could happen with this proliferation of Big Tech, big government. [Caller] [06:11] Donald Trump getting elected, knowing that we share friends in the White House for all the populist parties of Europe who are under attack. Every single populist leader, if you look at the leaders, and my last documentary was called Silence. I got 18 months in prison for my last documentary. The reason I aired it was because the documentary was so bigger than me. It's exactly what they're doing. Lawfare has been waged against if you go through, I'll pick anyone. Pick Geert Wilders, the leader that the Dutch party. Pick Marine Le Pen. Any politician in Europe, yeah? Anyone, pick anyone who has stood up and tried to speak against immigration, and you will see a history. Matteo Salvini, I was with him two days ago, the the deputy prime minister of of Italy was prosecuted in 2020. They said he kidnapped because he stopped the boat. He was prosecuted in 2021. He was in charge of other crimes. The process is the punishment. Every political leader who's tried to step up was charged. You saw it done to Bannon. You saw it done to Stone. You saw it done to Trump. That's happening across the board. They're of their [David] [07:15] totalitarian state. [Caller] [07:17] But I think it's club because you're elected on on very optimistic about the future. More [David] [07:22] He's not because we're not in [Caller] [07:24] will assimilate. The public are ready. The public are awake. [David] [07:29] So the other thing about it here is that a lot of people have invested in Bitcoin, you know, it's going to have a mutual impact in the 2024 election. There are racists that were absolutely going to be locked are still in play because there's no money coming in. And it keeps things like Cardano alive, which has been changed a lot. I've had many conversations to try to get it into a better shape. And hopefully September 15th, you'll actually be able to get it up and live. They have a lot of bots in here for the actual discussion. There's over 200 pages of discussion and applications and other things. I don't think anybody realizes how much work's gone into it. I talked to Charles God, I said, Charles, this is terrible. He says, you know, we worked on this three times longer than Obama worked on his if you will. And that we have a response to 2008 financial crisis. [Caller] [08:14] This is politics and the need to get Cardano and our industry out of these partisan debates, out of these partisan issues. It's really not healthy to treat any technology as some kind of political pawn. This isn't about Republicans, this isn't about Democrats. This is about freedom, this is about getting people access to their assets online. It's about allowing them to transact globally without an intermediary. This is about the economy, it's about innovation, it's about future finance. This isn't about red versus blue. We need to get out of that. [David] [08:47] I've been very negative on Bitcoin and Zcash. I've even public statements calling it rat poison 2.0 or pet rocks or, you know, name your name your funny name. Now these same institutions have now understood that this is not a fad. This is here to stay and, oh, we need to get a piece of the pie as well because that's [Caller] [09:08] If I had a genie and three wishes and I could make gold better, my first wish would be shrink the supply to 21 million coins and make it illegal to make it more. And my second wish is make it invisible and teleportable and indestructible. And let me carry as much gold, you know, in my pocket as I possibly can. And my third wish would be make it programmable, so a billion AIs can teleport it and transform it a million times a minute, so that I can put it on a, you know, a billion computers and and have it have it get traded back and forth 37,000 times while I'm sleeping, right? And I would think digital gold, as I just described it, it's got to be better and more valuable than physical gold and especially in the 21st century when you're looking at 10 billion computers and 10 billion AIs and 10 billion mobile devices and, you know, you never teleport an ounce of gold on an iPhone. So, I just think it's digital gold. It's got to be 10x to 100x better than gold. [David] [10:58] We've issued eight billion dollars worth of digital credit this year. And the most successful IPO of the year was stretch. It's STRC. It was two and a half billion dollars. I couldn't have done any of it without AI. If if we had not had AI, we would be eight billion dollars less. We five IPOs, none of them would have happened because I used the AI to design the securities and solve all the tax problems and all the securities law issues. You know, so I like I'm a big believer in using AI to design new things. And I look, I'm just I I focus upon digital credit and security, but there's someone there thinking about how to make a car drive and cure cancer and like like aren't there like a hundred million problems the human race has to solve that we that you're like, well, you're going to need a thousand people with PhDs to solve that. Well, guess what? Now every 16-year-old has a thousand PhDs at their fingertips. And so I'm very bullish. The world's going to be a much better place and and we're going to see an age of empowerment and and abundance because of digital technology. [Caller] [12:10] People are greedy when they also try to acquire gold. Not really. I mean, people who buy gold are trying to preserve. [David] [12:15] We've been greedy for centuries. We have centuries of people being greedy to go ahead and acquire gold. [Caller] [12:21] Well, no, well, you're talking about to acquire wealth. Yes, people are greedy in that they want they want more things and there's nothing wrong with that. But when they're converting what they've earned into gold, that's not the greed part. That's the preservation part. I I I've I've earned all this money because I was greedy. Now I don't want to lose it. I want to store it so I can use it later. I don't want to blow it all right now. I want to hold on to it. And, you know, gold is a way to do that. You can't really do that in a fiat currency that's just being printed, you know, into oblivion. So, uh, but but but, you know, the greed is in the speculative frenzy that accompanies Bitcoin. [David] [13:03] They tell me that I'm the reason they own Bitcoin because they listened to me years ago about economics, about sound money and and and the Fed and inflation. And I'm the one that got them. [Caller] [13:16] Plus there's a lot of new technology in Midnight that's going to make the use of Cardano safer. Like Midnight Passport will be the fastest, safest and easiest way to use Cardano. So, we gain all the usability enhancements. Plus I'd argue Midnight is an essential component for Bitcoin, for Bitcoin DeFi. When you look at that side of it, you're like, okay, Bitcoin users, they want privacy. So, Cardano could do a lot of the heavy lifting on the programming side, but where is the private coordination layer to do all that? So, we're actually working on this program, our Bitcoin DeFi setup, where we call it the the circle. So, you start with Bitcoin and Taproot. I'm going to put 50 Bitcoins of my own money into this just to prove that it works. So, you start with Taproot and Bitcoin, you lend it to stable coins. So, that'll cross Cardano through a specialized transaction through the bridge. And then that stable coin will then be deployed into a yield bearing instrument. And then as you make yield, the yield is converted to Bitcoin and then it's sent to your Taproot. And then Midnight coordinates all of this with privacy. So, you you have like all three networks working together, and you have this circle, and then from the Bitcoin user's perspective, you just give them a button. Make money. Click the button. And then it locks their Bitcoin, they just start generating a yield, the security actually is encrypted to Taproot on the Bitcoin network. So, it meets my three rules that I have for Bitcoin DeFi. One, there's only Bitcoin. [David] [14:37] Bitcoin, Litecoin is better money than than fiat, obviously. Also better money than gold. I I think it's I believe it's the best form of money that um humans have ever come across. Right? Money being good, meaning that it's um it's inflation proof, right? No one, no single person, company or or government can print more money, right? Can't print money and say the way the money you're holding, uh, you're storing, right? That's kind of one of the key things about money is if you work hard and you make money, you don't want that money to kind of disappear over time, not from your own doing. Right? So that's that's key and Bitcoin, Litecoin and uh more cryptocurrencies, um, is able to to do that. [Caller] [15:23] I could have the argument that real estate's better than Bitcoin. For a number of reasons, by the way, depending on who you are. Um, your audience could probably disagree because they're probably a bunch of, you know, Bitcoin maximalist. [David] [15:37] They don't have as much Bitcoin as the real estate guy. By the way. [Caller] [15:40] No, I I'll tell you right now, hold on one second. See, that's the funny thing, dude, that me and my brother were talking about this yesterday. You know, the guys that know the most seem to have the least. [David] [15:52] 100%. That that I can probably agree with you on. [Caller] [15:57] It should be a bigger issue within the crypto system and the ecosystem. What do you think? [David] [16:01] I think it will be. I think privacy is going to be the the new if you want in my view, and this is what I'm tasking the investment professionals at Mailstrom to sort of figure out. I think that the stand out shitcoin or, you know, few shitcoins of 2026 to 2028 will be related some way shape or form to privacy. We already saw the, you know, amazing move of Zcash over the last few months. Yes, it's down 50% from the 780 high, but I think again, my goal is, you know, my mental model is 10 to 20% of the value of Bitcoin. That's where Zcash comes up. So much higher than where it is today. But, you know, taking away Zcash, what is the token project or protocol that's going to utilize some privacy technology, probably something like ZK or knowledge proofs to do something whether that's quantum resistant, you know, the overloers can't be anonymize the data or, you know, see what you're doing, whatever it is, right? These are the things that we were latently afraid of of of what bad things that could happen with this proliferation of Big Tech, big government. [Caller] [17:11] Donald Trump getting elected, knowing that we share friends in the White House for all the populist parties of Europe who are under attack. Every single populist leader, if you look at the leaders, and my last documentary was called Silence. I got 18 months in prison for my last documentary. The reason I aired it was because the documentary was so bigger than me. It's exactly what they're doing. Lawfare has been waged against if you go through, I'll pick anyone. Pick Geert Wilders, the leader that the Dutch party. Pick Marine Le Pen. Any politician in Europe, yeah? Anyone, pick anyone who has stood up and tried to speak against immigration, and you will see a history. Matteo Salvini, I was with him two days ago, the the deputy prime minister of of Italy was prosecuted in 2020. They said he kidnapped because he stopped the boat. He was prosecuted in 2021. He was in charge of other crimes. The process is the punishment. Every political leader who's tried to step up was charged. You saw it done to Bannon. You saw it done to Stone. You saw it done to Trump. That's happening across the board. They're of their [David] [18:15] totalitarian state. [Caller] [18:17] But I think it's club because you're elected on on very optimistic about the future. More [David] [18:21] He's not because we're not in [Caller] [18:24] will assimilate. The public are ready. The public are awake. [David] [18:28] So the other thing about it here is that a lot of people have invested in Bitcoin, you know, it's going to have a mutual impact in the 2024 election. There are racists that were absolutely going to be locked are still in play because there's no money coming in. And it keeps things like Cardano alive, which has been changed a lot. I've had many conversations to try to get it into a better shape. And hopefully September 15th, you'll actually be able to get it up and live. They have a lot of bots in here for the actual discussion. There's over 200 pages of discussion and applications and other things. I don't think anybody realizes how much work's gone into it. I talked to Charles God, I said, Charles, this is terrible. He says, you know, we worked on this three times longer than Obama worked on his if you will. And that we have a response to 2008 financial crisis. [Caller] [19:13] This is politics and the need to get Cardano and our industry out of these partisan debates, out of these partisan issues. It's really not healthy to treat any technology as some kind of political pawn. This isn't about Republicans, this isn't about Democrats. This is about freedom, this is about getting people access to their assets online. It's about allowing them to transact globally without an intermediary. This is about the economy, it's about innovation, it's about future finance. This isn't about red versus blue. We need to get out of that. [David] [19:46] I've been very negative on Bitcoin and Zcash. I've even public statements calling it rat poison 2.0 or pet rocks or, you know, name your name your funny name. Now these same institutions have now understood that this is not a fad. This is here to stay and, oh, we need to get a piece of the pie as well because that's [Caller] [20:07] If I had a genie and three wishes and I could make gold better, my first wish would be shrink the supply to 21 million coins and make it illegal to make it more. And my second wish is make it invisible and teleportable and indestructible. And let me carry as much gold, you know, in my pocket as I possibly can. And my third wish would be make it programmable, so a billion AIs can teleport it and transform it a million times a minute, so that I can put it on a, you know, a billion computers and and have it have it get traded back and forth 37,000 times while I'm sleeping, right? And I would think digital gold, as I just described it, it's got to be better and more valuable than physical gold and especially in the 21st century when you're looking at 10 billion computers and 10 billion AIs and 10 billion mobile devices and, you know, you never teleport an ounce of gold on an iPhone. So, I just think it's digital gold. It's got to be 10x to 100x better than gold. [David] [24:38] 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? Where 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. And that's why we build 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. [Caller] [25:59] 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. [David] [26:43] This is Houston. T minus one minute until full data blackout. All eyes are on you. 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. Is that guy on FOMO? Yeah, let's get back to it everybody. Opportunity has. It's simply this. Every position you take is a position you choose over something else. This just in. According to the astronaut's FOMO, the loudest 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. [David] [28:30] There we go. United States of America representing. Socialism, communism 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 Thomas Edison. [David] [29:00] There we go. United States of America representing. Socialism, communism 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 Thomas Edison. [David] [29:30] There we go. United States of America representing. Socialism, communism 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 Thomas Edison. [David] [30:00] There we go. United States of America representing. Socialism, communism 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 Thomas Edison. Finally, finally, finally, finally, I'm on here. Holy shit, the technical difficulties and shout out to the weather for deciding to I don't know what's happening. Northeastern is coming to the northeast. Got to get prepared and shit. Carlos is over here cursing me out in the chat. I don't even know who Carlos is. Carlos is saying, I'm out of here. But welcome to the breakdown. Episode 791. We are how many away? Nine episodes away from 800. Feels good. Welcome everybody. I'm sorry that you had to bore yourselves with the shows that are out here. I'm sorry, man. By the way, this show is sponsored by Midnight. I keep saying this. I keep saying this. So if you if you're watching what Zcash has done and you're fading Midnight, which is essentially like Zcash with private smart contracts, you're going to be missing out. Again, show sponsored by Midnight. But if it wasn't, I'd be telling you the same thing. I've been talking about it for a while. Also, Polly Market, the official prediction market sponsor of the breakdown. Also Cake Wallet. Cake Wallet. If you want to secure your assets, meaning like Bitcoin, Litecoin, Zcash, Monero, you want to make sure that you got Cake Wallet. And I what do I say on every show? You could download Cupcake. Okay, onto a factory reset phone that you don't use. Okay, that you don't use, you can go ahead and put your assets on that. If you're fearful of putting them on a ledger and whatever other cold storage product that there is out there. FOMO. You can catch me on FOMO. FOMO.family, you go on there, you can see the latest. The latest. In the world of trading, in the world in the what the hell is happening in the meme economy. Well, you'll get to see that on FOMO in real time. You'll see people performing in real time. Nobody just saying, oh, I made a hundred grand. No, no, no. Show me. That's what you'll get to see on FOMO.family. You go on there, you can go ahead and follow me on there. Okay. I didn't even get started with my account. Obviously, I've been playing around. You guys already know the story. A lot of people every single time I go on to FOMO and buy something, they want to dump on this chin. Or on the forehead. I'm telling you right now, and I've showed this to people already. Me trading not front facing, me just going about business and just trading, I've made a killing versus trading up front. And I don't know why. I keep repeating myself. I don't know why. Y'all hate me that y'all hate me so much that you're willing to go ahead and try to destroy me. You can't. I show up every day. I show up every day. I'm going to keep on showing up as well. Also, let me go ahead and show these things off. We got Gokhshtein PR. I haven't talked about Gokhshtein PR, but we're back up here. Okay. Back up here. Let me go ahead and share it. Gokhshtein PR. Impossible to ignore. If you're looking to take your brand to the next level, if you're looking to take your personal brand to the next level, your product, your brand, you might want to contact our firm to go ahead and help you. Okay. If you want to go to the next level, there you go. Gokhshtein PR.com. Go there. Impossible to ignore. If there's somebody who knows what the fuck they're doing here, you know it's me and you know what time it is. And it's right here. Every firm rents reach, we own it. Okay. I know what it is to build. It's one thing that I know. Media relations, thought leadership, brand reputation, social content, launches, crisis, events, creators, investor comms, public relations, and public affairs, executive socials. Yo, listen, we do it all. And it's true. I don't just describe an audience, I bring one. And that's the truth. I bring an audience. So, you can go on there. Results speak louder. That's true. And I always say that. And I always say that. Results speak louder. So, y'all can go ahead and check out this site. Also, another one of the Gokhshtein products or companies. You can go on to Gmarkets. Gmarkets.io. If you want to get the latest, the latest in what's happening in the markets. All the data that it's all free. All the data is free. You can look you can compare coins. You can do massive research on this site to figure out what is happening and are you positioned correctly in the markets. That's right. You can go on here and you can look at everything here. From Bitcoin to your favorite shitcoin. Okay. You can look and you can figure out whether or not your shit's aligned correctly. Okay. You want to make sure that you are aligned correctly. Also, Gokhshtein.com. We are growing extremely fast. Gokhshtein.com provides news. We we report on politics, digital assets, the markets in general, technology, sports, AI, everything that is happening in the world today is being reported on Gokhshtein.com. And it's free. Maybe for now, but it's free. We can even look at the top article. Top article of the day. What is this? Where's um, I was actually reading yesterday. Not yesterday, earlier this morning. Where is it? Where is it? Um, about the hack that happened. Where's the Where is Where is the hack? There we go. I was reading this today. Big Get's uh, Big Get's uh, $352 million hack. $352 million hack. Security breach at Big Get has sent the crypto community back to the first principles about exchange risks and personal asset control. I mean, we shouldn't have this happening. I keep on saying this. We should not have this happening in our space. We should be you know, okay, hacks happen. I get it. I understand. But we should not have this happening. We are at the point that our security should be way tighter than this, especially on exchanges. This should not be happening. It shouldn't be. Like this is this is something that I get if it was happening in 2017, even 2021. Not now. Not this is what I keep on saying. We have AI, man. We need to start and again, I say this respectfully because I know they probably have a hard time with this.
[Part 2 of 4] [ 00:00] But [ 00:02] you have AI, you need to put more money into your security. That's it, bottom line. [ 00:08] Y'all need to put way more money into your security. [ 00:14] Everything else is excuses at this point. [ 00:17] You've watched, you've watched others get destroyed. Like, come on, at what point? [ 00:22] At what point do we say, yo, man, enough is enough. [ 00:26] So there you go. [ 00:27] Gokhshtein.com, you can get the latest news. [ 00:30] You'll, you can hear pieces from me, or you can, you can read pieces from me. [ 00:36] I'm gonna write about three articles a week. We got some of our other people that are writing articles per week, so you can tune in. [ 00:44] To this, bookmark it, share it with your friends. I want to thank everybody who does go to Gokhshtein.com because our [ 00:53] our impressions, our viewership, our, our visits has gone up. [ 00:59] So shout out to you. And we are on YouTube. [ 01:03] We are officially, I am starting now, we are on YouTube. I put the link out there. We are now on YouTube. [ 01:12] That's right. [ 01:15] We're going to stream everywhere like I said. We're going to continue to stream everywhere, but if you want to have the conversation, it's on YouTube. We're on YouTube. [ 01:24] And I'm also going to have shows on YouTube. [ 01:29] It's time. [ 01:31] It's just time. [ 01:34] It's time. And next week, Instagram and Facebook. [ 01:38] You can go ahead and catch this show. We'll break down the latest in the market. So let's, let's go to, let's go to the latest in the markets, right? Let's go ahead and look at the latest. Let's go ahead and take this down. And by the way, let me just, let me pop this off over here real quick. [ 01:58] Want to pop this off. [ 02:01] Where is it? Where is it? [ 02:06] Got another product that we're working on that we'll release soon. [ 02:09] But let's go and, um, [ 02:14] And this is, if you go to Gokhshteinmedia.com, [ 02:20] you can go ahead and see all of our products and you can verify who works for us. That's a big thing for me. [ 02:27] Obviously, there are a lot of people that are out there. [ 02:30] They're doing nasty shit out there on Telegrams and, and Discords and, and they're pretending to be a part of a company, which they're not, or people that are just holding [ 02:41] holding the brand's name on their bios. [ 02:45] Pretending to be a part of the company. You can easily verify these people by coming here, okay? [ 02:51] You'll see the, the, the product brands on here. [ 02:56] You'll also see news information, but you'll also see the roster and you can also verify [ 03:01] if somebody is on the network, okay? [ 03:04] You can also verify if somebody is on the network. [ 03:09] Okay? [ 03:11] You can go ahead and submit an email and find out if somebody is on the, I don't know if you saw that just now. [ 03:18] I don't think you saw it. It was another pop-up. Okay. I guess it caught me off guard. [ 03:23] It coughed me off guard. Again, I put the, I put a link to the YouTube. [ 03:28] So you can go ahead and subscribe. Okay. I got that out the way, right? So let's go to the markets. Let's go to the markets and we're also, again, we're on Apple Podcast, we are on Spotify. [ 03:40] We are on iHeartRadio. We are also on [ 03:46] Amazon, what is it? Amazon Music? Amazon Music. That's what we're on. [ 03:50] And many other streaming platforms for podcasts. We are on there. There's a few things that we're working on. [ 03:57] We shall be seen even more. [ 04:01] Working my ass off. I got, I am working my ass off and thank God for AI. That's all I got to say. [ 04:07] Thank God for AI. Anyway, let's go back to the markets. [ 04:11] Let's go back to the markets. Let me share the screen. Markets. [ 04:16] Did it share? It's shared, right? There we go. We're back in the markets. [ 04:21] All right. [ 04:24] Feel like a lot of people are scared. [ 04:27] I said that we'll have a pullback, but let's talk about it. [ 04:30] Bitcoin's around 84,000. Let's, hold on. Why do I see a different page? [ 04:38] Okay, never mind. [ 04:41] I got so many monitors on and I'm looking at monitors, I'm delayed. Anyway, Bitcoin is around 84,000, obviously. [ 04:48] You see it. Ethereum is near, near, hold on, did it go down? [ 04:55] Did it go down from this conversation? [ 04:58] Did it go down from this conversation? [ 05:01] Let's look. [ 05:04] Bitcoin is near 2690. Solana is around 122. In the latest prices, [ 05:11] okay? Solana is showing more strength over the past day, while Bitcoin and Ethereum are slightly lower. The question going into the weekend is whether buyers can keep this recovery going. [ 05:23] And that's the conversations that I've been having. Is can, [ 05:28] can this rally continue to go? [ 05:31] I had a lot of people, while I've been tweeting out there, tell me, what are you crazy? [ 05:37] We're in a bull market. And I keep saying we're not. We haven't flipped into a bull market on the charts. [ 05:43] We haven't. [ 05:46] It's a nice rally that we're having. [ 05:50] I, I said I think we can go to 92, 93. [ 05:54] And then, [ 05:56] and then we pull back. [ 06:00] Nothing wrong with that. And I think we'll go into the 70s and then from that area, [ 06:05] we'll see what happens. [ 06:08] We'll see what happens from that area. [ 06:14] But that'll be an area for you, if you have liquidity on the sidelines, that'll be an area for you to say, you know what? Maybe just maybe, [ 06:21] maybe I should pick up something here. [ 06:23] If you've been waiting to get into a certain asset, [ 06:28] maybe that'll be your opportunity, or maybe it won't. Maybe we go straight up. [ 06:32] Okay? Maybe we stay in the 80s. [ 06:35] We don't go into the 70s, the way I think we're going to go into. [ 06:40] And then we go booming. [ 06:43] Maybe that's what happens. [ 06:46] Maybe that's just what happens. I don't know. [ 06:51] I don't know what's going to happen. [ 06:54] I think that's what happens. [ 06:59] I think. [ 07:08] Um, [ 07:13] I've been saying this. [ 07:16] I, I, I've really been saying this for a while. [ 07:20] I'm going to repeat it and be repetitive. [ 07:24] This current market, [ 07:27] this current market, [ 07:30] Why is my phone buzzing? And I hate when that happens, man. [ 07:35] Phone is buzzing. [ 07:45] Ugh, oh my God. I'm looking at. [ 07:50] Yuck. [ 07:51] Anyway, [ 07:54] In this market, I'm going to say this, in this market, [ 07:58] there is not enough liquidity, okay? [ 08:02] There isn't enough liquidity to go around. You got a lot of tokens that are coming out. [ 08:07] A lot of people are getting destroyed. And I'm going to, I'm going to explain why people are getting destroyed. [ 08:12] I'll explain it. Let me, let me go full screen here. [ 08:17] Or maybe I'll do this. Okay. [ 08:23] I just, I, I just did that because I'm feeling myself. [ 08:26] Anyway, [ 08:30] In this market right now, [ 08:35] we have, [ 08:39] maybe some new liquidity has moved in [ 08:44] into the crypto markets. Let's not, I'm not going to talk about the traditional markets right now. [ 08:48] I'll talk about the crypto market. [ 08:51] Maybe just maybe, [ 08:54] a little bit of that liquidity on the sideline has moved in. [ 08:58] But here's reality. [ 09:00] Normies are not here. [ 09:03] The normies that you think are supposed to be here, they're not here, okay? [ 09:08] The normies are not here. [ 09:10] Retail isn't here. [ 09:12] If we're going to talk about retail being here, if you are talking about [ 09:19] like you and me that has been here forever, [ 09:23] yeah, we've been here. [ 09:25] But I'm talking about people that came and went. [ 09:29] I'm talking about people who haven't come back from the 2021 cycle. [ 09:35] I'm even talking about people who didn't come back from the last cycle. [ 09:39] I don't even think retail came in last cycle. How about that? [ 09:48] I think this cycle is where you're going to see retail go ahead and come back. [ 09:55] But currently, [ 09:58] we have, [ 10:02] we have, [ 10:05] let's say I'm going to give you an example. We have $100,000 in liquidity. [ 10:10] In previous cycles, where people actually had to make a contract, [ 10:18] where a developer [ 10:20] or a programmer would need to make a contract, a smart contract, [ 10:25] Solidity, [ 10:27] push that out, have everything audited, [ 10:30] liquidity pool, all that stuff. [ 10:36] We are now in an era where anybody can push out a contract. There are launchpads launching off every single day. [ 10:47] Giving people the ability now [ 10:51] to pair assets [ 10:55] like Bitcoin or Dogecoin or even traditional stocks, Tesla, [ 11:01] SpaceX, whatever, to memes. [ 11:06] And even though this is a repackaged product, [ 11:09] because this is reflections. Anybody who's been around for a while knows what reflections are. [ 11:18] It's been repackaged. Regardless, [ 11:23] and maybe, maybe reflections makes you think twice because there's a tax to get out and get in. So maybe it makes it think twice when you get out or you want to get out and you want to get back in, because you're going to have to get out and get in at a higher [ 11:37] profit [ 11:39] POV versus where you could just dunk it on everybody. Okay. [ 11:44] What I'm trying to say here is that if we have $100,000 in liquidity, [ 11:49] and we're creating 100 million tokens, [ 11:53] liquidity is scarce, it's being pulled from all directions. [ 11:58] This is [ 12:00] the pre-bull run, which I keep saying, [ 12:04] right now, nobody is staying [ 12:10] in a token unless there is some sort of meaning to it. [ 12:16] For longer than 72 hours. [ 12:20] So you have to, you have to understand this. [ 12:23] And I think a lot of people are getting destroyed because they don't understand. This right now, [ 12:29] I'm a holder. I love to hold and I'm telling you, holding is the way, especially on conviction plays. [ 12:38] But currently, with the way everything's set up and the way everything is moving, [ 12:43] you just don't have time to hold. If you hold, you become a community member, not in six months, but within fucking 48 to 72 hours. That's what happens. [ 12:58] So you got to be quick. [ 13:01] You got to learn how to take profits. [ 13:05] Unless, of course, [ 13:08] unless, of course, the project is being led by somebody [ 13:14] who people can trust. [ 13:16] But again, there is no liquidity. [ 13:20] There is no liquidity in the market. [ 13:25] I don't know how many times I'm going to have to scream this. There's no liquidity in the market. [ 13:34] I think the liquidity will come in, liquidity will come in to this space. [ 13:41] I will say in the next few months. [ 13:45] So you got to be patient. [ 13:48] You see all the P&Ls, it gets exciting. [ 13:52] And you want to jump in. [ 13:55] You want to jump in and you want to participate. I get that. Totally understand. [ 14:00] But have you even, [ 14:02] I got to ask you guys something. Have you looked at your portfolios, man? Have you looked at your ports? [ 14:09] Have you really looked at your portfolios and said, you know what? I'm confident going into a bull run that the things that I currently hold are going to go up. [ 14:21] Like, have you really taken the time to look at your ports? Because I don't think you have. I don't think a lot of you guys even have ports. [ 14:31] How about that? I don't even think a lot of you guys even have a port. [ 14:44] Here's where you can get this right. [ 14:49] I get the fact that you guys see all these things that are popping off and you're getting excited, you're getting the itch to jump in. [ 14:58] Total, it's human nature. Totally understand. I'm glad that people when they, I'm glad people are excited about crypto again. I'm glad people are excited about the markets. [ 15:07] I'm absolutely thrilled with that. [ 15:10] Nothing brings me more joy than to see people singing Kumbaya together, even though we're not even at that point yet. [ 15:17] When we sing Kumbaya, that means that we're holding and we believe in something. [ 15:21] We're not there yet. [ 15:27] This is the time, I've said this how many times, [ 15:32] how many times have I tweeted this? This is the time [ 15:35] where you make sure that you are holding things that will appreciate during a bull market. [ 15:44] Okay? [ 15:46] You make sure that you're holding assets, digital assets, meme coins, whatever it is, that will appreciate during [ 15:55] the bull market. [ 15:59] That's it. And, you know what? You will win if you, or you will have a better chance of winning if you take that approach. [ 16:08] If you are chasing right now and you're trying to hit a home run, [ 16:13] you are going to destroy yourself. [ 16:18] And that's the truth. You will destroy yourself. [ 16:23] I've seen it. [ 16:26] I've seen it. [ 16:31] I've seen people [ 16:34] right now. I've seen people chase and continue to chase. [ 16:40] And we are not even at that point. [ 16:46] You shouldn't be chasing anything. You should be looking at what assets [ 16:51] are oversold. Guys, do you remember me talking about Near Protocol? [ 16:56] You guys come on to my, you've watched my show every single day. How many times, my editors, can you go ahead and [ 17:06] put together a compilation of me talking about Near Protocol, please? How many times have I talked about Near Protocol on this show? [ 17:14] Let's look at Near Protocol for a second. How many times have I yapped about Near Protocol? [ 17:26] Near Protocol now, [ 17:30] $5.11 up 9.7%. [ 17:39] How many times [ 17:41] have you come onto this show? [ 17:48] How many times have you come onto this show and I talked about Near Protocol, whether it was talking about, hey, memes are easier, more relatable than Near Protocol because explaining Near Protocol to people, they get lost. [ 18:06] Or how many times have you heard me say like, Near Protocol's tech is great and look what they've built out? [ 18:14] And Near Protocol's, I mean, the price point wasn't at 511 when I was talking about it. It was, it was at the bottom bottom. [ 18:23] But no, you've decided to chase [ 18:26] shit being launched off that dies in 14 seconds, okay? [ 18:32] That's what you've decided to do. Hey, listen, [ 18:36] do what the fuck you want, it's your money, right? But I'm just showing you, [ 18:40] if you sit and you first, here's, here's how I work it. [ 18:46] I want to make sure I'm in Bitcoin. I want to make sure I'm in Ethereum. I want to make sure that I'm in Solana. I want to make sure I'm in Near Protocol. I want to make sure that I'm in Chainlink. I want to make sure I'm in XRP even. I don't give a shit what people say. I don't care whether you like Brad Garlinghouse or not. I don't care if you don't like Chris Larson. I don't care if you don't like the people running things, okay? I'm in Cardano. I don't care if you don't like Charles. [ 19:12] I don't care if you don't like the entire staff. [ 19:15] I'm not here to go ahead and be an emotional bitch [ 19:20] when I trade. I was emotional one time. I don't even say emotional one time. I stuck to principles one time and guess what? I didn't make a million, two million dollars because I stuck to principles. [ 19:33] And it was all about because I didn't like a person. [ 19:38] I should have gone in. I didn't. [ 19:43] Because of my feelings. Fuck your feelings, fuck being emotional. If you're an emotional trader, you're fucked. [ 19:54] I've talked about Algorand. [ 19:58] I've talked about a hell of a lot of things, man. [ 20:01] Which will work out. And that is what I'm, like, my whole thing is, I got to make sure that I got those things, not saying that they're going to work out, okay? Nothing's guaranteed, but they are the closest thing to a guarantee. [ 20:17] Let me get my house together here. Now I can go participate. [ 20:24] Now I can go participate in the meme economy, [ 20:26] okay? I can participate in all these things. [ 20:29] And if I lose there, I know I still got the 5Xs there, okay? You need to make sure you got your 5Xs over here [ 20:39] before you go run over there. [ 20:41] And that's the truth. And it's that simple. [ 20:46] It is that simple. It's not really hard. [ 20:49] What makes it hard is the greed. [ 20:52] It's when you see a P&L on the timeline and you're like, oh, holy shit, that's it, fuck it, I'm going to jump into some dog shit. [ 21:04] And then you're left holding your ass. We'll be right back after this commercial break. We'll get back on this topic. [ 21:12] What first got you excited about blockchains? Think about it. Oh, wait. [ 21:22] 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. [ 21:36] Maybe it was imagining a world where people own their own data and get to sharing the value it creates. [ 21:46] 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. [ 21:59] 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. [ 22:28] Together. [ 22:33] 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. [ 23:16] This is Houston. T-minus one minute until full data blackout. All eyes are on you. [ 23:31] 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. [ 23:41] Is that guy on FOMO? Oh yeah. Let's make for a crazy trade. Yeah, let's get back to it, everybody. [ 24:08] Opportunity cost is simply this. Every position you take is a position you choose over something else. [ 24:22] This just in. According to the astronaut's FOMO account, highest in the room, the satellite has been restored. [ 24:31] Yes. [ 24:33] For now, the crisis appears to be over. [ 24:47] Satellite's up and running. Positions looking good too. [ 25:03] 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 am the modern day Tony Stark. [ 25:31] Welcome back to the program. Just want to make sure still got Near Protocol up here. Welcome back. Midnight is the title sponsor. We also have Polymarket, the official prediction market sponsor of the breakdown. Cake Wallet, the most secure wallet that you can get yourself into within this industry. You can hold your Bitcoin, Litecoin, Zcash, Monero. You're going to go ahead and use Cake Wallet because you want to use Cake Wallet because you want the most secure wallet in our industry. Also, FOMO. Go to FOMO.family. Speaking of going to FOMO.family, let's look at one of my favorite things here and I'm going to explain why it's my favorite. Uh, one of my, one of my favorites. Uh, let's switch it up here. [ 26:15] Here you go. I don't know if you guys see it. Man, you guys won't see it, so let me go ahead and, let me switch the monitors here. [ 26:25] Satoshi is one of my favorites. I'll, I'll tell you why. Here's the story why. [ 26:30] Before we get back to having the conversation, [ 26:35] before we get back to having the conversation about what you should be doing with your ports, your ports. My goddamn Brooklyn accent, man. Somebody, sometimes it pops out. I got to say, does the, I got to ask my fellow New Yorkers, does the Boston accent kind of, does the Brooklyn accent kind of sound like, or, or, or vice versa, like, Brooklyn, Boston, do they kind of sound alike? I don't know. Anyway, um, [ 27:09] so I, I, I wanted to Satoshi because I thought Satoshi made sense. [ 27:15] Like, I've never, I don't know why there hasn't been a Satoshi runner. And this Satoshi is paired to Bitcoin. So, you hold Satoshi, you get, you get Bitcoin stats. Let's call it stats for holding, right? Which is really cool. Some, I, I heard a story that some person, not with Satoshi, but with another token, uh, that's paired to Bitcoin, that they made like 0.1 Bitcoin by just holding. [ 27:41] Another cool thing that's come out of Satoshi for me is, there are a lot of people that I don't think appreciated Bitcoin. [ 27:48] And, [ 27:51] I don't think they appreciated Bitcoin or they knew a lot about Bitcoin. [ 27:56] And now that they're in Satoshi, [ 27:59] they're really [ 28:03] about the Bitcoin life. [ 28:05] They appreciate Satoshi Nakamoto. They've, they've researched Satoshi Nakamoto. They've gone to Bitcoin Talk forums where he's obviously left his mark. [ 28:18] They started looking into the Bitcoin protocol. [ 28:23] The younger generation, here's my case. The younger generation now has an opportunity because this is, this is a runner that, this is a no-brainer. Satoshi paired to Bitcoin is a no-brainer. It's paired to a billion dollar, excuse me, a trillion dollar asset, a billion dollar. Trillion dollar, shoo. If it was paired to a billion dollar asset, I, I, I'd be selling multiple properties and everything to get it. Uh, more of it, like Sailor. Anyway, [ 28:51] here's something that's paired to a trillion dollar asset, [ 28:55] paying homage to the man that allows us to come here [ 29:00] and, [ 29:03] and Bitcoin or crypto. [ 29:07] That allows us to be here, [ 29:10] that has turned the world upside down, where Bitcoin was a joke, now it's no longer a joke. Now it's being called a, a generational asset. [ 29:20] There has not been a runner, a real runner on Satoshi. So I think Satoshi, this Satoshi paired with Bitcoin, [ 29:30] I think it's dope. I think it, I don't, listen, if it, if it stays at this price point, I don't really care. If it stays at 114 forever, great. If it goes lower, great. The whole principle of this, this is like educational, especially for the new cats on Solana. [ 29:46] This came off of Stonk Fund. [ 29:49] And, [ 29:51] obviously Solana backed, whatever. [ 29:55] There are a lot of people that have come into Solana and they have no clue what Bitcoin is. No clue what, they have no clue about anything except they only know Solana. [ 30:05] And they know about degening. [ 30:07] At some point, I think if somebody, if at least, let's say, at least 0.5% of the whole Solana ecosystem looks at Satoshi, [ 30:17] I think, [ 30:19] I think, [ 30:22] that there will be a deeper appreciation, [ 30:26] a deeper appreciation for Satoshi Nakamoto and Bitcoin. So I think from that, that's it. That is my thesis. [ 30:34] That is my thesis on why I think this is really cool. I talked to somebody yesterday. [ 30:40] We agreed to disagree, but for me, I was like, listen, do you know how many people are going to learn about Bitcoin from Satoshi? [ 30:49] Like, how many people are degening [ 30:53] in Solana, [ 30:56] that will stumble upon [ 31:00] this here, [ 31:02] and hold and finally appreciate the art of holding. [ 31:07] They'll hold and they'll get rewarded in, in stats. [ 31:16] That's cool. I mean, like, what else can you say? How, how, anyway, [ 31:21] that's my thesis on it. I think it's cool. I, I, I fuck with it. I told you guys, I will never again, uh, kind of trade anything on my FOMO account, [ 31:33] unless it's over $2 million. I can't do that because of the nasty, nasty behavior. Uh, people are trying, attempting to go ahead and cut my legs off here. [ 31:47] But, [ 31:48] that ain't, that ain't going to work. [ 31:51] Like I said, I pivot quickly. [ 31:55] If my audience and respectfully, if the audience needs to get, [ 32:00] the audience needs to get, [ 32:05] calls at 2 million, 3 million, so be it. [ 32:09] Like I said, I, I, I'm winning in this bull run. [ 32:13] I'm, I'm making $100 million minimum this bull run. [ 32:17] Bottom line. There's no doubt about it. No ifs, ands, and buts. That's what I'm making. [ 32:22] That's how I'm making it. That's what I'm making. Bottom line. [ 32:28] Also, there've been a lot of runners, man. There've been a lot of really good runners that have stayed and people have had big time conviction on them. If you go over to FOMO, you can see. There've been a lot. Let me go ahead and move over my mouse here. [ 32:43] Let's go ahead and look quickly. Trending. [ 32:46] Stonk. [ 32:49] Right now, Stonk is at a discount. It went into the $300 million area. Now it's at 251.5 million. It's crazy because, it's wild because you look at, uh, Solana. Solana's ripping. [ 33:02] Solana's ripping, but here you have a discount. People are taking profits. This is what happens, look at this chart. This is called profit taking. This is not called a rug. This is called profit taking. I think the word rug has been put out there [ 33:19] on everything that does not work out, or on things that are working out, but there are just healthy pullbacks. [ 33:27] And automatically people race to call something a rug. [ 33:33] Could there have been people who have gotten early with 4, 5% and decided to dump it on everybody's heads? Yes, absolutely. [ 33:44] 100% absolutely. That could happen. [ 33:50] There are people like that that'll do it. But listen, at the end of the day, [ 33:55] and I've said this before, it doesn't matter who holds what supply. [ 34:01] Doesn't matter. [ 34:03] If the meme is good, if the product is good, if the meme is good, it will send, the market will send it. If it isn't, it'll go nowhere. [ 34:14] The market will decide whether or not something is good or not. [ 34:18] And that's bottom line. [ 34:21] That is the bottom line. [ 34:25] There are a lot, again, I think this is a great play. I think that Stonk is a great play. Uh, what else do we have here? [ 34:34] So Go is a platform, right? Let's go. [ 34:38] It went high. I think it went into 11, the $11 million territory. Now it's at 6.8 million. [ 34:46] So again, you can look at these things and say, hey, man, like it's pulled back. I really like this. Should I go in? [ 34:52] Or you could be one of those people that say, I'm not going into this because it's pulled back. That's another problem that, you know, we have [ 35:00] in this industry. [ 35:04] Relax with the supply doesn't matter thing, okay? Don't twist my words. [ 35:09] Please do me a favor and don't twist my words. What I said was, and let me be very clear now. [ 35:17] Supply doesn't matter if it's in the hands of [ 35:22] people that are looking to do malicious things. If a meme is going to work, it's going to work regardless. Now, if you're employing me, sir, [ 35:33] and the white bull and all this stuff, [ 35:35] there is no fucking way that me and my brand are going to just go into something where I have absolutely no supply control. You must be absolutely out of your mind. [ 35:52] After watching what has happened to me, to think that I am going to say, you know what? Yeah. Let's go ahead, let me just get like 2% of this and let's do this. Absolutely not. [ 36:08] 95% control is what I'm going to have. Bottom line. [ 36:14] You think I'm going to let you guys ruin my brand? Absolutely not. [ 36:24] Let's look at Cash Cat. [ 36:26] Cash Cat, which is really Crying Cat, is at $183.3 million. [ 36:33] Nice to see that. [ 36:36] Nice to see. Yo, it seems like it's been cat season and dog season. I don't know. Maybe it's just me, but it seems like that's what it's been. [ 36:46] In my eyes. I'm looking at, uh, some other plays. What is Kate doing? Kate is at 107. This thing has died multiple times and come back. [ 36:55] This cat won't die. [ 36:58] $107.2 million. [ 37:02] It keeps going. It keeps trooping out. [ 37:05] It doesn't stop. [ 37:10] Good for them. [ 37:12] Good for them. That community is what people should inspire to be. That community comes and shows up every single day to talk about what they're in. [ 37:24] They show up every single day. If you think that you are in a great meme or in a great utility, then show up every single day and take the blueprint that they have and apply it. It's that simple. [ 37:41] What they're doing is showcasing what we always done in this goddamn space. We worked for our bags. We bullposted. We weren't scared to talk about the things that we are in or were going into. [ 37:57] They show up every day. Every single day they show up. [ 38:02] What's your excuse? And now don't point fingers at me. I've done, somebody talked to me about, somebody mentioned, hold on. Let me go ahead and unlink here for a second. [ 38:15] Somebody went ahead and tweeted, hey, what about dumb money? What about it? [ 38:21] What about it? I'm a market participant. I went in. I bought for $6,000 plus. I locked up 290 million tokens. [ 38:30] Left myself with what? 30 million tokens? And I kept buying. What about you? [ 38:38] Forget about what about me. What about you? You think I'm, I told you, this season, going into this bull market, I am not becoming the meme. Like, I will, I will not become the meme. [ 38:54] I will not be there on the timeline, screaming and hollering, and being the only one screaming and hollering while somebody is dumping on my forehead. [ 39:15] I said this time around, I'm a participant in the markets like everybody else.
[Part 3 of 4] [David] [00:00] and I'm going to be patient about it. This is not the time to go ahead and really push your conviction place when the market does not know what the word conviction is, the meaning to it. Where the market is racing around all over the place chasing. [00:18] Why do you think most things don't even have communities? [00:23] People are chasing dog shit right now. Listen, some people are making money. The 0.5% that get in early and get out and get out first, they're making money. [00:34] Getting in, they get in early. [00:37] Get out early. [00:39] They make money. They're not sitting there talking about Kumbaya. They're not sitting there they're sitting there talking about, oh, diamond hand this. No, no, no. They are they're taking their 24 hours and making sure they're taking out all the profit that they got and they're on to the next one. [00:58] We're not there yet where we can actually build out a community. We're not there yet. [01:06] We're not there yet. Anyway, [01:09] we'll be right back after this commercial break. I know you want to look at me, but we'll be right back after this commercial break. Shout out to YouTube. We're now on YouTube. [01:17] Directly on YouTube, even though we are we stream to all platforms. [01:23] We are now on YouTube. [01:27] I have to get comfortable with YouTube too. It's it's new for me too. [01:32] And I got to get all you guys to come over to YouTube to watch the show. [01:37] Especially when we bring on guests, high profile guests to go and talk about crypto and everything else. [01:52] We'll be right back after this commercial break. And YouTube is the best. I got to say YouTube for video content, [02:00] I mean, hands down. But also Instagram and Facebook next week. We'll be everywhere and we'll have a good old time. We'll be right back after this commercial break. [02:10] What first got you excited about blockchains? Think about it. Oh, wait. [02:20] 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. [02:34] Maybe it was imagining a world where people own their own data and get to share in the value it creates. [02:44] 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 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. [03:15] 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. [03:23] Let's build the internet we deserve. [03:26] Together. [03:30] 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. [04:14] This is Houston. T-minus one minute until full data blackout. All eyes are on you. [04:28] 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. [04:39] Is that guy on FOMO? Oh, yeah. [04:43] Yeah, let's get back to it, everybody. [04:58] 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. [05:06] Opportunity cost is simply this. Every position you take is a position you choose over something else. [05:20] This just in. According to the astronaut's FOMO account, highest in the room, the satellite has been restored. [05:28] Yes. [05:31] For now, the crisis appears to be over. [05:45] Satellite's up and running. Positions looking good, too. [05:57] There we go. United States of America representing. Social optimism 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'm the modern day Tony Stark. [06:27] There we go. United States of America representing. Social optimism 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'm the modern day Tony Stark. [06:58] There we go. United States of America representing. Social optimism 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'm the modern day Tony Stark. [07:26] Welcome back to the show. [07:33] People might say, hey, is that a new suit that you're wearing? Yes. [07:38] I'm wearing new suits. I got more suits. Oh. [07:43] I make suits look good. That's the truth. I've always got that compliment. I work and, you know, working in corporate, always got the compliment. Man, David, you know how to rock a suit, man. Also, I'm back. I'm I'm back training and stuff. [07:59] After [08:02] after sitting out on the sidelines, man, I I am training my ass off. I am doing sauna sessions, man. I am doing everything everything possible to get back to it. Uh I I think I'm like a week or two away from just being back to, you know, the dominant DG that you're used to freaking seeing. Uh welcome to the breakdown, episode 791. Uh shout out to everybody who is tuning in on YouTube, who made an effort to go ahead and push it out there. Uh so shout out to everybody who is privileged enough to go ahead and tune into the breakdown and to see me. That's right. Um, I hope moving forward, uh especially during the bull market, that I am able to go ahead and provide you with value and information that you are seeking. [08:53] I know a lot of people come to YouTube looking for information about the markets. [08:59] I'm here to provide that. And again, nothing here stated here is financial advice. I'm not a financial advisor. I'm not your role model, and you shouldn't idolize anybody. If you need a financial advisor, though, seek one out and see if investing is right for you. [09:14] I'm crazy. Don't follow me. I I do things that people they they shake their heads and go, what what is happening? Why? [09:22] Why is David putting 50 grand into something? [09:29] Don't follow me. [09:32] I don't know how how how loud I can say this. Don't follow me. You don't got my I I am tough when it comes to that. I I can lose that kind of money. [09:42] Not that I want to, but I can lose that kind of money and I go on to the next one like, okay. [09:50] If I lost 50 here, I'm going to have to make 100 or somewhere else. [09:54] I'm about that life. I'll trade my way back. [09:58] I will trade my way back. I try not to lose, [10:02] but [10:04] if you're put if you're putting your last pennies into crypto, if you've if you're thinking about quitting your job and going into crypto full-time, I am telling you, stay at your job and maybe just maybe entertain crypto and the traditional markets from the sidelines. You should not be going into crypto. [10:27] You should not be going into crypto with your last $3. It makes no sense. That's that's real gambling, okay? And then when you lose that $3, you're going to blame everybody. Please do me a favor. Stay at IHOP, Wendy's, Denny's, McDonald's, Burger King, Five Guys, In-N-Out, Smashburger, like stay there and do your thing, okay? [10:54] Nobody needs to hear you complaining. [10:58] I don't you know what? You know what's really funny? [11:02] You don't hear people complaining when they go into a casino and they lose their asses. [11:09] You don't hear people complaining when they go into the traditional markets and they participate in the traditional markets and they lose. [11:18] You don't hear people coming out and complaining. Only in crypto, [11:24] only in crypto, do you have people that come into this industry, in this ecosystem, that will blame everybody except themselves for losing. [11:37] When people are out here and saying, hey, man, maybe you should look at some of the real protocols out here before you go shitcoin. No, no, no, no, no. We're not going to listen to you. Who cares if you have multiple years and cycles under your belt? I'm going to chase this shit because look at Johnny, he just flipped for millions. You're not going to tell me what to do. [12:04] And then they lose and they're like, see, it's your fault. My fault? Yeah, it's your fault. [12:13] The funniest thing I see, by the way, on the timeline at times, makes me laugh, is when [12:19] I'll go and this is why like I'm not going into anything unless it's 2 million or over. There's a lot of reasons why. [12:26] I'll go into a play. [12:29] I go into a play and [12:33] I say don't copy trade me, and people will go into the play. [12:38] The play loses or it's not moving up right now, and they're like, oh, look what happened to me. [12:49] Who told you to follow me? [13:01] I'm just laughing because it's like, yo, if I when I lose, I don't ever come out and blame anybody. I don't point the finger. I don't start, hey, like I no, I'm like, whatever. Like I I move on. And I don't base my decisions on anybody either. Like my decision is my decision. Ultimately, I press the buy button, right? It's me who's pressing the button. [13:28] And that's why it makes me laugh. Like I I buy the button. I I excuse me, I press the button. I buy the button. But I press the button and that's it. It's on me. Nobody else's fault but mine. [13:41] Look at that. That shit is overheating right in my face, man. [13:47] Right in my face. It's overheating, man. I hear fans are on hard. [13:51] I got my AI agents working nonstop, man. I need to give them a break. I need to give them a break. [14:00] I need to give them a break. Let's see. Join forces to eliminate the cabals and KOLs. Who do who am I joining forces with exactly? I don't know who you're talking about. Um, [14:15] Recapping the week because we're at 5:30 p.m. Show started a little bit later because we have a northeaster coming into the area. Uh apparently this is going to be a apparently they they are hyping up this storm to be like Hurricane Sandy. [14:34] Or tropical superstorm, Hurricane Sandy. They're trying to make it seem like these right now, we we are about to get slammed by the next Sandy. That that that's what's that's what's being told to me. So like, you got to tape things up. You got to make sure that you tie things down. Like it's it's wild. [14:58] If you don't see me on Monday, guys, uh the storm took me into the into the Atlantic Ocean, man. And it's been real. It's been real hosting this show. Maybe Landy will start hosting this show. The breakdown. [15:13] Instead of me. Shout out to Landy. I also uh I saw this and obviously I always acknowledge my uh I always acknowledge the audience. [15:21] Whether we agree to disagree, whatever it is, like I I always acknowledge things that I I see out there. Uh I heard Todd Todd was in a in a in a car wreck or something like that. Uh so I I hope he's recovering. Um, [15:37] I heard about I heard about that and I and I really do hope that he's recovering and he's doing where well, prayers with him. Um, also shout out to my boy, shout out to my boy uh Landy. Landy got great news today. Shout out to him. [15:55] God bless Landy. Let's go. I don't know if Landy's doing a show today. Um, but if he is, it's at 8:00 p.m. Eastern time. You can tune in to him uh break shit down. Shout out to Akil Patterson. Akil Patterson is back on the Goxsteen Media Network. Uh he does his shows Tuesdays and Thursdays. Um, and he just breaks down culture. And he dives deep into culture. I've enjoyed listening to him. He's grown. He's grown in in terms of um, the the the topics that he touches on. He's absolutely grown. And um, we'll have the the date and times for you guys to go ahead and tune into Akil Patterson if you want to sit back and and listen to some real issues. [16:44] Um, and of course, uh Rob Nelson, you can catch him on Mondays and Wednesdays. You can also catch Taylor uh Taylor on this network. Talk to me Taylor. Uh I believe Mondays, Wednesdays and Fridays at 7:00 p.m. you can catch her as she dives in. Uh right now they're doing things in Washington. So shout out to Rob Nelson, Taylor, all of them. They're they're doing an influencer house out there and they're having some fun. So, uh really cool stuff. In October, they're asking me to come out to Vegas to be a speaker along with Grant Cardone at the Rebelcon uh 2026 uh conference event. [17:24] Talk about crypto and shit like that. So, um, hopefully, I can go ahead and get clear to go out there as well. Uh my editor, by the way, can I can I I'm going to play something and and I'm going to give my editor some shit. [17:40] Let me let me get my editing team. I'm going to get on my editing team. I love them. [17:45] I love my editing team, but man, [17:49] but man, I got to I got to lay into that ass. I really got to lay into that ass. Give me a second. Let me pop this up here. [17:58] Pop this up. Cuz I seen this and I was like, what are we doing, bro? [18:04] What are we doing? [18:07] Hold on. Hold on. [18:14] Let me link this here. Give me a second here. [18:19] I don't know what's up with my editing team, bro. What was this? I don't even understand why. [18:30] All right, this is what my editing this is the first clip I'm going to go I'm going to complain about. I'm complaining about this clip. Cuz it made me seem like I was dying or something. I I don't know. I I was just All right, listen to this. [18:42] Listen, y'all already know the story, man. I'm training really hard. All of a sudden, I don't know who prayed for my downfall and shit, but I get this ear injury. I'm sidelined for eight weeks. I'm taking steroids. Not those kind of steroids. I'm taking these wicked ass. I don't know what the fuck this I hate medication in general. I never take anything. I had to take this. I'm out for like 16 days of this shit. And I'm still doing the show, okay? Now I'm feeling like I'm finally getting my energy back. I swear to God, karma hits anybody wishing me bad. I swear to God. You know I leave that in God's hands and karma, man. Some fucked up shit. Motherfucker just said Stein. You don't fade a Stein. You don't fade. You want to fade me, you fade money. [19:24] Listen, y'all already know the story, man. I'm training really hard. And shit, but I get this ear injury. I'm sidelined for eight weeks. I'm [19:32] What's happening? [19:34] Yeah, I don't know [19:37] I don't know what what my editor was thinking. Like what what what's that? [19:42] What was that? I know it was me talking, but what the hell was that? [19:48] What was that? [19:52] What the hell was that shit, man? [19:55] I mean, I love the editing job, but it was sounding like I was giving a fucking eulogy on myself. [20:05] Jesus. [20:07] What was this shit, man? [20:13] Am I wrong? [20:18] Am I wrong? Guys, do you agree or or disagree with that? [20:24] My editor is like trying to bury me or some shit. What what's up with you, man? [20:30] What what is happening? [20:33] I provide so much I I the content that I provide here, there could have been way better things to clip out than that. [20:45] I'm just saying. [20:48] Like what the hell? [20:51] What the hell was that, bro? [20:57] For those who focus in, by the way, for those who do focus in, [21:02] Bro, where do you do uh where uh bro, where do you get your uh your suits tailored? Um, there is this really good place that I can go to. When I walk in, they they already know my size and everything and they just know how to put shit together. So, uh I appreciate them. [21:27] And there's nothing like wearing a tailored suit. There's nothing like wearing a suit that fits you. How about that? Let's put it that way. [21:40] I can't stand American suits. [21:44] Like I love European suits. [21:47] They just feel great. [21:52] Like if I'm not in my suit, I don't feel like Iron Man, right? I like you see the intro into this show. I am Iron Man, right? Like you you see me say that. And [22:04] without the suit, like I feel naked. Like I I need to wear the suit. [22:12] I I love suits. I've loved suits since I was a young kid, man. I I was fascinated by suits when I would go into the city [22:21] and see professionals wearing suits. That look good and clean with a hanky and I just don't like the hankies, but [22:31] I and I I could rock the hanky if I wanted to, but I I don't like the hankies. But they're looking like, [22:38] you know what? I'll say this. [22:41] Respectfully, and hopefully nobody takes this the wrong way. You could be the ugliest dude in the world. I'm going to tell you this right now. You can be the ugliest dude in the world. [22:53] If you have a clean suit, a clean shirt, no black on the collar, okay? [23:00] Tie done correctly, right? Like okay, let's look over here. Tie done nice. Hair good, haircut. [23:09] Nails nails done, okay? [23:15] You wash your hands, you wash your ass, you take care of your face. [23:20] Take showers, right? Hygiene, keep up with that. [23:27] If you you can be the ugliest dude in the world. [23:30] But if you do those things and let's say you put on a suit. I've seen this. I've seen this. You can put on a suit and you go from a from a one to two out of 10 to like a six to seven out of 10. [23:49] If you if you walk in somewhere and you're sparkling, right? Like if you sparkle, like there's a like there's a glow. [23:58] Now, hold up. I got that aura. [24:02] But I'm but I'm saying the truth. [24:05] If you are clean, [24:08] right? You're clean. [24:10] Like some people put on suits and they don't look good. [24:14] The colors are clashing. They're people the the the colors are fighting. [24:24] Man, I I you know, I'm going to shut the fuck up. [24:28] We went from crypto to me talking about how you're supposed to wear clothing. [24:33] That's what it's gone to. Me telling you guys how you should wear clothes. [24:39] But you got to match colors with your face and your complexion, bro. If you put on like brown and your complexion doesn't fit a brown, you look like ass. [24:54] I know what colors fit me. Like green is my color. I got green eyes, which I don't know why they don't really you can't really see them on this show, which is weird. But I have green eyes, so like green fits me. [25:11] I have green suits. I fuck with the green suits. [25:14] I love black and blue suits. Those are those are my go-to. I have a lot of them. [25:20] But I then I have some gray suits, which I fuck with. But a gray suit is great when your face is tanned. Like if you if your complexion is darker, then a gray suit you can you can really you can really look good in a gray suit. [25:37] And depending on the type of gray. What am I talking about here? The black suit to me, I've always been a fan of the black suit. I I like black suits. It's black suits to me are are when you see me wearing a black suit, I'm serious. [25:52] Like if I walk into my closet and I pick the black suit, I'm serious today. [26:01] Not that I'm serious not serious every day, but I am serious today. [26:07] So there's something about a suit, man. There is something about a suit. In general, there's something about dressing that I like. I I I don't get what's happening with this current era of dressing in society, the way men dress. I think it's weird. [26:22] Looks like you just came out of a I don't know. It just looks like you went to Big and Tall and you're not big or tall. And you walk out, you look like you can sleep in the goddamn thing. [26:40] I'm about to I'm about to come out with a show called [26:45] how to match up your clothing with yourself. Like I'm I'm going to come out with a show like that. It might end up on TLC. [26:52] Total makeover. [26:55] If crypto don't work out, hey, tune into TLC. David Goxsteen goes all across the United States of America to give men a makeover. [27:14] You know what you know what I hate, by the way, when people tell me, hey, David, smile. [27:21] I don't smile for no reason. I got a resting bitch face for a reason. Shout out to my mom and dad. Actually, I got to tell you both sides of the family. Mom and dad's got resting bitch faces. [27:35] They don't laugh for no reason. They don't smile for no reason. If the shit's funny, they it's funny. If it's not, it's not. Yo, my dad never fake laughed, man. Like you crack a joke and it was whack. His face was like, [27:48] That's how I roll, man. [27:52] I do not laugh. And and anybody who laughs at a corny joke, I I don't trust them. [27:58] Anybody who can laugh in your face when you crack a stupid joke and they find it absolutely hilarious, don't trust them. [28:08] Anybody who laughs at anything, you can't trust them. [28:12] That's a European thing, man, I guess. But you cannot trust anybody who just laughs. [28:18] Just can't. [28:20] Just can't. I should come out. I really should come out with my own line of suits. I would make such dope suits, man. [28:27] I would really make some dope suits. You want none of that shit that you see on the runway type suits where it doesn't even look like a suit. It looks like a clown walking down the goddamn. I'd make suits for men to make men great again, okay? Inspire a generation of men to become men again. [28:45] There was a time in in this country where men wore suits to work, okay? Everywhere. Go look back. [28:56] Go look back in time. Men wore suits. [29:04] With fedoras. [29:11] Oh my God, think that. Men wore suits. [29:15] Shout out to Peaky Blinders. I I can do that too, man. I love Peaky Blinders and the way I love what they did on that on that show with the suits. [29:25] I love what they did with the with the three-piece. Like that that is awesome. [29:31] With the cap. I could pull that off. Any day that yo, we that's what I'm saying. Like, you know what? Old school so this is a crypto thing now. [29:41] This is a crypto thing now. [29:45] You know how people say Dogecoin and Shiba Inu and Pepe are dead and the Bobos and all this stuff, they're dead. [29:53] It's kind of like clothing. [29:57] One day bell bottoms make it right back. One day rocking a three-piece suit, it makes its way back. [30:06] Same thing with crypto. One day people just say, you know what? Dogecoin is something I like. Pepe is something I like. Shiba Inu is something I like. And people start going back. It happens. [30:18] It happens. [30:21] One person starts the trend. [30:24] It's funny, every single person that comes onto the show that we interview, that I sit here and interview, when they pop up and they see me in a suit, they're like, oh, I didn't I didn't know. I I mean, you guys have watched the show. Like I didn't know that you were here in a suit and I came dressed down. [30:42] And it's not like I'm showing up in a suit to go ahead and show off. [30:50] Or put my balls on the table here. Nah. I'm showing up in a suit because [30:56] this is a professional show. I'm a professional and I got to look the part. [31:07] We'll be right back after this commercial break, sponsored by Midnight. [31:12] Cake Wallet, Polymarket, and FOMO. Shout out to the sponsors. [31:18] What first got you excited about blockchains? Think about it. Oh, wait. [31:28] 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. [31:41] Maybe it was imagining a world where people own their own data and get to share in the value it creates. [31:52] 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 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. [32:23] 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. [32:31] Let's build the internet we deserve. [32:33] Together. [32:38] 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. [33:21] This is Houston. T-minus one minute until full data blackout. All eyes are on you. [33:36] 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. [33:46] Is that guy on FOMO? Oh, yeah. [33:50] Yeah, let's get back to it, everybody. [00:00]
[Part 4 of 4] [David] [00:00] hacked from their exchange. So, obviously, not really good news. It's not good news for this industry, but it also shows you how strong this industry now is. I got to say that this industry is now a a a lot stronger. Because news like this would have absolutely destroyed. I'm talking about destroyed the market. Absolutely would have destroyed the market. Absolutely would have destroyed the market. Is that punk ass bitch talking about my eyebrows? All right, let let me let because we we only have like a few minutes here. So, let me get on to the screen. Hold on one second. Let me explain something to you. I was born like this. Okay? I don't go get my eyebrows done. I don't get them threaded, okay? I don't get them plucked. These are my eyebrows, okay? These are my eyebrows. My real hair, my real hair color, okay? You've seen me with my hair grown out. As I've sat here and I couldn't get a haircut for like three weeks, you've seen my hair grown out. All black. Yes, I got a little gray on my beard, a little gray right here. I keep it. I like the salt. I fuck with it. My eyebrows, unique. I don't know. I was born like this, for real. I was born with eyebrows like this. I can show you. I can show you a a a picture of me as a kid with eyebrows like this. No. How can a man's eyebrows be so wavy? I don't know. But to answer the question, shout out to my parents. Shout shout out to my my ancestors. The DNA is good. I got blessed with it. And I'm hoping to keep it, I'm hoping to keep this to till I'm 60. Okay? And I'm hoping they come out with some sort of pill or some sort of, I don't know what it is, some sort of fucking pill that can allow you to reverse aging. Right now, I take peptides, okay? I work out. I try to stay as young as possible. Because as you get into as you get older, you start to lose muscle. I ain't losing no muscle. Have you seen me? Have you seen me, bro? I ain't losing no muscle. Hold on one second. Let's go ahead and showcase this. I am I will not lose any muscle. I I will it will not happen. I'm going to do everything possible. I'm going to do everything possible. Man, I got to show a picture. This is where I was at my this is where I like lost weight because I was I needed to lose weight to compete. Hold on. Why isn't it coming up? Where is it? What the hell? Okay, hold on. Nah, they really don't want to put Hold on. Nah, this is this is You can you can see, I'm going to show you something. You can definitely see the difference the difference in a year, in a year's time. But like I was already big, but I really needed to lose a bit of I want to lose a little mass, just a little bit. Because I was training for something. So here, I'll I'll show it to you. Let me show y'all. Let me switch over here. Let me make this bigger. Hold on. Nah. Nah. Not it. Not it. No. That's not it. Maybe this. All right, boom. Look, man. Y'all can hate on this all you want. You can hate on this all you want, right? That was me. And look how many devices I have. I have the Aura Ring detecting like blood pressure and all this shit. Then I got the the watch as well for training and stuff. This is me, man. Natural. That was lean me. That was lean me. Then I was like, you know what? Let me go ahead and try something else. Let me try something else. I put on I put on maybe, I don't know. Two No, no. Probably 5 to 7 pounds more. That's me. These aren't thirst And by the way, these aren't thirst traps. This is me appreciating myself and the work that I do. This is hard work. To get to that place, it is hard work. This ain't given to you. This shit ain't given to you. You can be genetically gifted, but that shit is not given to you. You got to work for that. You got to work for that shit. That's every single day madness, two hours of madness. You versus you inside your head. Why do you This right here, I just want to and I'm being real about this. This right here allows you to be successful in life. This right here allows you to be successful in life because if you can take care of yourself, you'll take care of everything else. If you can't take care of yourself, you'll take care of nothing. This also, you know what? When when you're in shape and when you're working out, when you're motivated, well, you know what? Once you're done working out, guess what happens? You start winning in crypto. Since all you guys are in crypt, yeah, AI my ass, you can suck it, okay? AI, you wish. Anyway, when you work out this way, it all translates over. It all translates over. I can promise you. You imagine I got some fat anorexic motherfuckers that run their mouths on me who've never been in a gym in their lives. They would never survive. Never, never survive. Me doing my my sauna sessions. I'd be about that life. I'm just like chilling doing sauna sessions, man. I'm just out here doing my thing. Just built different, you know what I'm saying? Just built different, man. Anyway, enough of me. Enough enough of me. Enough of me. Anyway, it is 6:03 p.m. Eastern time. I want to thank everybody who has joined in onto the show. We are now we are now streaming on YouTube. We will be on Instagram and Facebook next week, starting next week. Um, but moving forward, it's YouTube. Uh, you can catch the show on X. No doubt about it. If you are on X and you don't feel like leaving X and you don't want to join us on YouTube, that's totally fine. But YouTube is where I will be because I have to concentrate on YouTube. Video is where the game is at and YouTube is the biggest when it comes to video. And I need to be there. I love X. I love I love Twitter, whatever. I I got to say Twitter because this whole X situation, it sounds like drugs. So I love Twitter. I love everything that Twitter is doing, but I don't understand the algorithm at times. I've told you guys about this. A lot of people don't see me throughout the day. I'll post something. My posts are invisible. Maybe one goes flying, the other one doesn't. I think the one that is dope doesn't get any engage like I can't play the game of fight game. Okay? So I got to go to YouTube and do my thing. Anyway, Yeah, for for real, um, I got to say that at the end of the day, obviously YouTube knows the video game. They know how to produce a stream and, you know, I'm here and I'm going to have some fun. Hopefully we have fun together and, um, hopefully we win together in this next bull market. That's it. You know what? Hopefully you guys are listening to me about positioning yourselves before the run starts. That that's really it, man. I'm just trying to encourage people to be better. I'm not trying to put anybody down. I ain't trying to fight with anybody. Somebody asked me, somebody I I think Sakasa made a tweet saying something nice about me. And I respect Sakasa. I I love the dude, man. I I hope that he he does extremely well with Jungle Bay. But I don't care if people like me or not. Like I'm in I'm in this part of my life where I don't it's like I don't care. I I'm just out here trying to fucking do my thing. I'm trading. I've absolutely blocked people now and muted people now that don't fit in with my energy. And I don't care. Say whatever you want. They'll talk good about you they'll talk about you when you're doing good. They'll talk about you when you're doing bad. So it really doesn't matter. Just do your thing. That's bottom line. If you just you you need to you need to understand, and I'm going to say this again, whether you're doing good or you're doing bad, they're going to talk about you either way. So you keep on moving forward. I don't know, write out a mission statement for yourself. Write down on paper that you want to make a million dollars. Write down on paper that you want to retire your family. Retire your mother, your dad, your grand. Write out something to where you could be motivated and you can accomplish something that's great. All this other stuff, I don't give a shit about. I used to and I used to engage in it and I don't even know why. Now it's all about, man, like you fuck with me, great. We can ride together. You don't block, mute, move it forward. Don't care. And I'm not here to and I and I I got to say this before I go. I don't give a fuck about satisfying anybody. Anybody's feelings that are hurt. Respectfully, I don't come on here to go ahead and put anybody down in the first place. But if you're hurt by the things that I say, I'm not apologizing for it. I am me. Not apologizing for anything that I say. It's how I feel. You should respect the fact that I say what I say without playing that whole political fucking correctness bullshit, okay? I'm out here, I do my thing. That that's it. I'm here to go ahead and dominate. You don't like me being confident in myself? Too bad for you. I'm confident in myself. If you take that as cockiness, that's your opinion, bro. Your opinion, like Dion Sanders says, your opinion of me is not the opinion that I have in myself. Bottom line. And this time around, I just don't give a flying fuck. This is not the old David that used to give fucks. There are no fucks given. I'm here to win and if people see me I'm telling you people have witnessed the change in me. I am telling you I am absolutely locked in because I got a lot to prove and I got a lot to build. Bottom line. A lot to prove, a lot to build and I want to dominate because I know I'm the fucking best. That is it. And I don't give a shit if you don't think I'm the best. I know I'm great. I know I'm great and I put that into the universe. I let myself hear it. I'm here to be great. Not average, not here to fit in. I'm here to be fucking great. And if I rub people the wrong way, I don't give a shit about that. Thank you very much for tuning into the show. Episode 791. As I said earlier this week, I was testing also at the same time this week, I was testing different hours where I can put the show and I'm starting to see that the 12 to 2 hour might not be my best spot. I see more people came through on the show today than they would come in on 12 to 2. Maybe I do a show earlier where it's 9:30 till 11:30. I don't know, in the morning on the East Coast. I'm trying to figure this out, but it's definitely going to come at you on YouTube. So subscribe, put your notifications on, tell your friend. By the way, guys, should I do a giveaway next week? Should I do a giveaway? Like a $1,000 giveaway? Let me know. Let me know if you guys want to see me do a $1,000 giveaway. Also, I still need to do a giveaway for Cake Wallet. So anybody who has Cake Wallet is eligible to get into this giveaway. Okay? Anybody, anybody who has Cake Wallet is eligible for the giveaway. Bottom line. Okay? So maybe we'll do two giveaways. Two giveaways. But I got to see. Maybe it'll be early streams, early morning shows. The breakdown may be an early morning show, 9:30 to obviously 11:30. Or maybe maybe it's this time. I don't know. We're going to make by October, I will know. I will have it all figured out because I'll look at the data and I'll decide. I think it's either a morning show or something like this. I think the 12 to 2 addition, I don't know what it is, but maybe people are just getting out of bed, they're going to work, they're still sleeping. I don't know what it is. I think it has to be either these two. Uh, and we'll and we'll make sure that we get it right. Anyway, guys, it is Friday, September 25th, 2026. I hope that you guys have a wonderful weekend. I hope that you win big. I hope that whatever you have conviction in, I hope you see it through. And enjoy the weekend. I'm probably going to enjoy it. I think I hope this whole situation with this next super storm Sandy isn't real, but if it is, I might be jet skiing in the streets. I don't know. We shall see. I hope not. Anyway, on that note, I hope you guys have a great weekend and I'll see you on Monday. Or I might do a pop-up show. Nobody ever knows. But uh, most likely we'll see you on Monday. Thank you guys. Have a great one. I'm out.