AI, Digital Gold, Bitcoin, TikTok Shadowbanning, and the Future of Fin

[Part 1 of 6] [00:00] [David] 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 had five IPOs, none of them would have happened because I used 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 look, I'm just I I focus upon digital credit and security, but there's someone there thinking about how to make the 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. [01:11] [Caller] People are greedy when they also try to acquire gold. [01:14] [David] Not really. I mean, people who buy gold are trying to preserve. [01:17] [Caller] centuries. We have centuries of people being greedy to go ahead and acquire gold. [01:22] [David] 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. [02:05] [Caller] 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. [02:18] [David] Of course, there's a lot of technology in Midnight that's going to make the use of Cardano safer. Like Midnight's passport will be the fastest, safest and easiest way to use Cardano. So, we gain all the usability and enhancements. Plus that argument that is an essential component for Bitcoin, that Bitcoin. 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 what is the private coordination layer that solves all that? So, we're actually working on this program, our Bitcoin DFI setup, where we call it the the stir protocol. So, you start with Bitcoin and Taproot. I'm going to put 50 Bitcoin of my own money into this. It's free to work. But you start with Taproot and uh Bitcoin. You lend it to stable coins. So, that'll occur on Cardano through a specialized transaction through the bridge. And then that stable coin would then be deployed into a yield bearing instrument. And then as you make yield, the yield is converted to Bitcoin and then it sets your tap. And then Midnight coordinates all of this with price. So, you you have like all three networks working together, and you have this circle, and then from the Bitcoin users 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 enter this taproot on the Bitcoin network. So, it meets my three rules that I have for Bitcoin DFI. One, there's only Bitcoin. [03:38] [Caller] Bitcoin, Litecoin is better money than than fiat, obviously, also better money than gold. Right? I think it's I believe it's the best form of money that um humans have ever come across. Right? Money being good, being 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 inflate away the money you're holding. Uh, you're storing, right? That's kind of one of the key things of our money. If you work hard, 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 in Bitcoin, Litecoin and uh most cryptocurrencies. Um, it is able to to do that. [04:25] [David] I could have the argument that real estate's better than Bitcoin. For a number of reasons, by the way. I don't know if you are. Um, your audience will probably disagree because they're probably a bunch of, you know, Bitcoin maximalists that don't have as much Bitcoin as the real estate guy. By the way. [04:42] [Caller] 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. [04:54] [David] 100%. That that I can probably agree with you on. It should be a bigger issue within the crypto system and the ecosystem. What do you think? [05:03] [Caller] 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% to buy into Bitcoin, definitely to Zcash. Um and so, 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, I'll be something like ZK or knowledge proofs to do something whether that's quantum resistant, you know, overload can be anonymized data or, you know, see what you're doing, whatever it is, right? These are things that we're latently afraid of of of what bad things that could happen with this proliferation of big tech, big government. [06:12] [Caller] Donald Trump getting elected and 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 is 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 Gert Wilders, the leader of 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 Deputy Prime Minister of of Italy was prosecuted in 2020. They said he couldn't because he stopped the boat. He was prosecuted in 2021. He was in charge of a crime. The process is the punishment. Every political leader who has tried to step up was charged. You saw what they done to Bannon. You saw what they done to Stone. You saw what they're trying to do to Trump. That's happening across the board. They're trying to of their the totalitarian state. But I think it's probably then because they elected Trump. I'm very optimistic about the future. More because it's not because we're not in. We're going to assimilate. The public are ready. The public are awake. [07:30] [David] The other thing about it here is just a lot of political power that's been used to suppress you know, it's going to have a nuclear attack in the 2023 election. It's going to have racist that we're actually going to be locked out are still in play because there's no money coming in. And I think things like the Cardano Act Alive, which has been changed a lot. We've had many conversations to try to get it into a better shape and hopefully September 15th, we'll actually be able to get it up and live. We've had a lot of talks in years with the SEC, which is just there's a road of 300 pages of adjustments. I don't think anybody realizes how much work's gone into it. I saw concerned, I said, is there anything that's terrible? He says, you know, we worked on this three times longer than Obama worked on this in 2012 and that we had a response to 2008 financial crisis. [08:15] [Caller] This is politics and we need to get crypto and our industry out of these partisan out of these partisan issues. It's really not healthy to treat any technology as some kind of political crime. This isn't about Republicans, this isn't about Democrats. This is about freedom. This is about giving people access to their assets online. It's about allowing them to transact globally without an intermediary. It's about the economy. It's about innovation. It's about future finance. This isn't about versus. We need to get out of that. They've been very negative on Bitcoin and crypto. They've even published statements calling it rat poison 2.0 or pet rocks or, you know, you know, name your name your funny name. Now these same institutions have now understood that this is how to God. This is here to stay and oh, we need to get a piece of the pie as well because that's [09:09] [David] 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're never teleporting 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. [10:26] [Music] [10:27] [Caller] 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. But maybe it was the promise of a fundamentally better way of connecting, communicating, and transacting. The next phase of the internet that empowers us instead of exploiting us. So, why hasn't it happened yet? We're we're still living with the same broken system that blockchains promised to fix. It's because blockchains can't keep a secret. Enabling open transparent systems was only the first half of the challenge. For blockchains to really change the world, they also have to be able to protect our sensitive data when it matters. And that's why we built Midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web. Let's build the internet we deserve. Together. [11:46] [Caller] 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. [12:28] [Music] [12:30] [Caller] This is Houston. T-minus one minute until full data blackout. All eyes are on you. [12:44] [Caller] 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. [12:54] [Caller] Is that guy on FOMO? Oh yeah. Yeah, that's me for real. Crazy trader. [12:58] [Caller] Yeah, let's get back to it everybody. [13:14] [Caller] Breaking news. There's an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. [13:21] [Caller] Opportunity cost is simply this. Every position you take is a position you choose over something else. [13:35] [Caller] This just in. According to the astronaut's FOMO account, Wyatt's in the room. The satellite has been restored. [13:44] [Caller] Yes. For now, the crisis appears to be over. [14:01] [Caller] Satellite's up and running. Positions looking good too. [14:13] [Music] [14:17] [Caller] There we go. United States of America representing. Socialism does not work. Digital assets is a better to move money at the speed of light through everything. People are greedy when they also try to acquire gold. I'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. [14:38] [Music] [14:43] [Music] [14:47] [Caller] There we go. United States of America representing. Socialism does not work. Digital assets is a better to move money at the speed of light through everything. People are greedy when they also try to acquire gold. I'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. [15:08] [Music] [15:13] [Music] [15:17] [Caller] There we go. United States of America representing. Socialism does not work. Digital assets is a better to move money at the speed of light through everything. People are greedy when they also try to acquire gold. I'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. [15:38] [Music] [15:44] [David] Welcome to the breakdown. I'm having a breakdown. It's not episode 802. Okay. It's 803. Technical difficulties, okay? That that's what we're having right now. And no, this is not beer. It's water. And if I was an alcoholic, maybe. Maybe at this point. Maybe. Just maybe. Well, welcome, welcome, welcome. Oh, we got everything fixed from a technical standpoint. Welcome to the breakdown. Sponsored by Midnight, also sponsored by Polymarket, Cake Wallet and FOMO. What's going on? Let me go. Rewind. Got to have the energy. [16:36] [David] I got a guest coming on today. We got Landy in the green room. I don't even know if I want to bring him on. That's the type of mood. That's the type of mood I'm in. Okay. Screw Buffalo and the Bills. I'm glad that the O-lineman from uh the Rams went ahead and punched that dude in the face. It was nice to see. I'm fucking around. I'm just messing around. We'll talk about crypto, we'll talk about AI. Um, we'll talk about a lot of things. We'll continue on talking or having that conversation that we're having yesterday. By the way, I've been I would say I've been talking to TikTok for about four hours. Proving my case to TikTok that they have absolutely shadow banned me. So, this is how I put it to them. I have 470,000 followers on TikTok. I was on pace to hit a million months ago, if not two million followers on TikTok and probably 100 to 200 million likes. All of a sudden, all of a sudden, everything started going backwards. Concurrent viewers backwards. All all this stuff. And this is what I'm laying out to them. I'm like, take 400 I gave them an example and I've been putting out examples on the account. So I'm a verified legacy verified account and I paid for it, nothing. I got a badge because I deserve it. Okay? I ain't paid for a goddamn badge. Participation award type shit. So here I am. I'm I'm just posting content. And I'm like, on TikTok, I'm only getting 200 views on my on my on my videos now. It's only 200 views. It that's that's crazy. Like I'm I'm accustomed to getting like 1 million, 500k, 600k, like a lot. I mean, TikTok was dominating. My TikTok account was dominant. Like Shaquille O'Neal in his prime type of dominance. So I I said to them, guys, I I almost had 500k followers. People started to leave. Obviously they don't see me. And I'm like, let me ask you this question. It's it's really simple. Let's use my current follower account, which is 470,000 people. 470,000 people follow me on TikTok. It would have been more. 470,000 people and I'm only getting under, not not even 0.5%. Not even 0.5%. You're saying only out of and when you look at like if you look at the analytics, it's like some of these people are just seeing it on the for you page. So you're telling me none of my people that follow me, none of my people are seeing me. And you're going to tell me just, okay, fine. If my content was dog shit, if and I I'll give you this example. Maybe you guys don't like the content that I put out there. And that's fine. That's totally fine. Okay? You might not agree with me on my takes. You might not think that Bitcoin is the OG. You might not like me saying that I think memes might be cooked if we continued on this current route. I get it. But I'm going to give you this perspective. I had Hunter Biden, who essentially comes from a Democratic family, on my show. Okay? Besides all the other notable people that I bring onto the show, I had Hunter Biden on the show, okay? You would think the TikTok crowd, which is very liberal, and there's nothing wrong with it. You would think that the very liberal crowd would want to see it, right? I put up clips of the show. 400 views. It's impossible. It's absolutely impossible. Again, you could say me without anybody, no guest, you might say, you know what, this guy has absolutely no value. He brings nothing to the table. I don't care if he's good looking. I don't care if he looks sharp. I don't care if he looks good in his suits. I don't care if he works out. I don't care if he does push-ups in the morning and squats, okay? And curls. I don't care what he does, okay? I don't care that it takes him 30 minutes to do his hair. I don't care that this man wants to be perfect. I don't care about any of that. And I understand. I could totally Everybody likes their cup of ice cream and their flavors, okay? Some people like vanilla, some people like chocolate, some people like sherbet. I get it. Some people like sprinkles on top like Landy. I understand. Okay? And some people root for a team that I don't know why they're located in New York, but they root for a team in Canada. People like to do or get into things that they and they anyway. I can understand. I can totally fucking understand not getting any views or engagement if my content sucks. Like I know, like I'll be the, hey, my content is dog shit. Okay? I get it. But when you when you have 470,000, which should have been a million. But when you have 470,000 followers on TikTok and you've had one multiple 1 million views on your content and average like 500,000 and like 30,000 likes and and retweets and all and and reshared. And none like that, that means that there has been a massive campaign to report my account. It is shadow banned. You cannot tell me anything about unoriginal content because everything that I say is original and there is nobody. And I mean nobody that can work this mic or this camera like me. So you saying unoriginal, you're unoriginal, bitch. [23:13] [David] I got a guest coming on at 12:45 p.m. Ryan will be joining us. Kirkley, Ryan Kirkley will be joining us. I'm like waiting for something this is dog shit. This is crazy. I'm going to have to roll like this, man. I'm going to have to roll like this is crazy. Let's see if I can do something else. I don't know what what is going on. I really don't know what's fucking happening. It's crazy the first time. First time. I think people were praying for this. I think some people were fucking praying for this to go and happen, man. I can feel, yo, I can feel when people pray for shit, man. I have this thing in me like I can feel when people are like are praying. Hold on, let me just get this. I know that we're live and and this is being sent out to Apple podcast and stuff. So it sucks because if you don't see what's going on, you're like, what what is happening? Why why are there so many pauses? Why isn't DG talking into the microphone? I don't care. I'll stop the show. I don't give a shit. Let's bring in Landy real quick. Landy, what's going on? How's it going? [25:07] [Guest: Landy] It's going well. You know, big dubs for my Buffalo Bills, the only New York football team. [25:14] [David] Listen, do me a favor. I could care less, man. I hope they tariff. I hope they tariff the Buffalo Bills, the really fucking the Canadian Bills, man. Nobody nobody who gives a shit? Who gives a shit about the Bills? [25:26] [Guest: Landy] I I don't know. You're you're crying about a New Jersey team. So, [25:31] [David] Listen, we have no other choice but to play in New Jersey. That's [25:34] [Guest: Landy] Yeah, there's nothing [25:35] [David] Where the hell we going to put something out here, man? Where the hell we going to put something out here? [25:41] [Guest: Landy] I don't know. You can offer up some land around your place. [25:43] [David] We tried the Hudson Yards, man. They declined it. [25:46] [Guest: Landy] I know. It's uh [25:47] [David] But that was going to be for the Jets. I don't even really think that was going to be for the Giants though. [25:51] [Guest: Landy] Well, the Giants probably would have followed the Jets there. [25:54] [David] I don't think so. They're loyal to they're loyal to um the are really loyal to um so what's their names? Um they're loyal to they are loyal to I'm sorry. I'm just like fucking doing this at the same time.

[Part 2 of 6] [David] [00:00] sucking crazy. [David] [00:03] But yeah, no, I mean, um, you know me, I'm just keeping a close eye on markets. Um, last week we talked about, you know, the areas of interest to the downside for Bitcoin and Ethereum for me. We we've not only hit them last week, um, you know, for Bitcoin in the 80 to 813 area. Um, but we even retested it, um, in the start of today's [Guest: David] [00:28] I don't give a shit about that. I'm not going to talk about the I want to I want to talk to you about why are they hitting me up like this on Tik Tok, man? [David] [00:36] Oh. [Guest: David] [00:37] I was on a roll to at least two million followers, bro. Two million followers just on Tik Tok. [David] [00:45] Well, I mean, it the problem started when you started live streaming over there. [Guest: David] [00:53] This shouldn't be a problem. But it doesn't make sense. I was I was averaging like a thousand concurring people on the show. [David] [01:01] Well, because it kept getting restricted and [Guest: David] [01:04] I showed them that today. [David] [01:05] I wonder if they just flagged the whole account. [Guest: David] [01:08] They're telling me, oh, everything's good. I'm like, it's not good. Guys, you're fucking lying. Nothing's good. Nothing is good. I told them that. Straight up. I said, nothing is good. Saying that something is good is crazy. You know why? Because I'm like, look at my show's clips. [Guest: David] [01:23] Look at the show clips. Like the clips, I clip it up, I put it up there, 200 views, Landy. That's not normal. [David] [01:31] No, because you had content that was going much farther than that even fairly recently, um, even since streaming. So, [Guest: David] [01:43] And I'm like, what's the unoriginal? Yo, I really let it off today. Today I really let it off on them. I ain't going to front, man. I was absolutely livid. Because I'm like, there's no way. There's no way. Like Hunter Biden. Hunter Biden. Who is yeah, obviously we sat here and we had a great conversation and stuff. But he leans he still probably leans more Democrat than he does Republican, right? [David] [02:08] He's a Democrat. There's no he's like as Democrat as you get. He represents. [Guest: David] [02:12] But but if you heard him, he was a you know what, he was somebody who sounded more like an independent to me than but obviously leans more democratic than he does Republican. That that's that's the vibe I got. [David] [02:24] That's that he's a Democrat and he [Guest: David] [02:26] Okay, fine. Perfect. If you're going to say he's a Democrat, then you would want. Like if I'm bringing on no, here's the fucking thing that's stupid. If I'm bringing on notable names onto my show, you want that on your network. Or excuse me, you want that on your platform. You want me streaming on your platform. People will go to to the Tik Tok shop accidentally and buy something. Like you want me on there. [David] [02:51] Accidentally. [Guest: David] [02:53] That's what I'm saying. Somebody might you know, they'll scroll like the show ends, the live ends and and somebody's on the Tik Tok shop trying to sell somebody a scooter. Like you don't know. Somebody might say, oh shit. You know what? [David] [03:04] I mean, you did you did buy a gimbal from there that [Guest: David] [03:07] I did. I bought a lot of shit from there. I don't even know why. [David] [03:13] Uh, but I mean, look, I I think, um, there is definitely something weird going on, especially with all of the quote unquote unoriginal content stuff. Uh, a lot of it I think, um, I mean, all you do is original content. You're not repurposing anyone else's content. It's your content. [Guest: David] [03:35] Who's? [David] [03:36] Yeah, it's it's not a reaction. It's yours. [Guest: David] [03:37] Who's? Why would I want to? I'm the most electrifying person in the goddamn space. Why would I? I told you, I watched these shows, I fall asleep. Why the why the hell would I want to go ahead and repurpose anything? [David] [03:55] Yeah, I don't I don't know what what it is that they're doing over there with some of the that stuff. Um, [Guest: David] [04:02] Jesus Christ. [David] [04:03] Can't speak for it, man. You're just going to have to keep figuring out what the hell they're seeing on their end and and why this happens to be an issue. Um, [Guest: David] [04:11] It is I got to tell you, it is ridiculous. But I got to say, um, I'm not going to be You know what? I'm not going to be mad. I'm not going to be mad. I'm absolutely not going to be mad. Why why would I be mad? You know what? I'm the type of person that you can go ahead and hit me with like you've seen this, okay? I don't want to hey, today I'm going to be fucking cocky. No no problem. I don't care. I'm going to be arrogant, whatever you want to fucking call me. You know what? I've had so much thrown my way. I will keep going. I'm the Terminator. Okay? You have to throw me in that fucking lava. [David] [04:47] Hmm. [Guest: David] [04:50] I'm I'm serious. I will keep going. There is no stopping me. Like if you think I'm not going to win on all levels, you're betting against the wrong person. I'm telling you, I'm going to win on all levels. I've already won. I'm just I I just want to I want to win bigger. Like you guys see a wall. Let me explain something to you guys. You see a wall and you're like, that's it. It's over. You there's no way there's no way around it. I figure out how to make a door through the wall. Like like I I there is no stopping me. [Guest: David] [05:29] Zero. I'm going to win. Look, people are in Tik Tok, the ones that actually see me, they're laughing. They know. I am going to win. I'm telling you, 100 million minimum crypto. AI is like, yo, I made content yesterday. AI or super intelligence, so I'm not the enemy of the state. [David] [05:49] Hmm. [Guest: David] [05:50] Super intelligence. [David] [05:52] Okay. [Guest: David] [05:53] Super intelligence. [David] [05:55] I got to tell you. It's so dumb. I'm sorry. [Guest: David] [05:58] It is. [David] [06:00] It's so dumb. [Guest: David] [06:02] Listen, this is my boy Trump, but I'm so I'm scared to say AI anymore, man. [David] [06:04] Yo, look at what Elon did. He changed the name of SpaceX. It's SpaceX SI. So it's like I just think sports illustrated every time I read it. [David] [06:17] That's like [Guest: David] [06:18] The SI, I feel like I'm saying C. Like I mean like [David] [06:21] SpaceX C. [Guest: David] [06:23] Yeah, see? [David] [06:26] Uh, [Guest: David] [06:27] No, but like [David] [06:29] Yeah, I'm saying, yo, listen, I want to say I keep saying AI and then I'm like, shit. [Guest: David] [06:35] Trump's going to come after me. [David] [06:38] He's going to curse me out. [Guest: David] [06:40] He's going to say I'm not maga. [David] [06:41] Yo, look, you're going to you're going to be the next rally. Your your name's going to come up. [Guest: David] [06:45] Oh my God. [David] [06:46] For for not calling it SI. He'd be like, and that David Goxstein, he's a he's a really good host and he's a good-looking guy, but he can't get he can't get our he can't get our agenda right. It's it's SI, David, it's not AI. This is super intelligence and we are leading the way. It's going to be amazing. It's huge. You want to be huge on Tik Tok, you got to say SI. [Guest: David] [07:14] I am not I don't I don't know if I'm going to keep saying SI, man. [David] [07:18] It's throwing me off. It sounds it sounds it sounds [Guest: David] [07:22] Because like I have to stop and I wrote a book, Landy, okay? I wrote a book and it's like about AI. [David] [07:28] The title. [Guest: David] [07:29] The title of AI. Like what am I supposed to do now, man? [David] [07:34] Yo, you wrote a book, it's already outdated. It's not even published yet. [Guest: David] [07:37] Yo, you imagine that? [David] [07:41] That's crazy. [Guest: David] [07:42] Yo. [David] [07:43] Yo, life comes life comes at you fast. AI comes at you faster. I'm sorry, SI comes at you faster. [Guest: David] [07:50] Should I show off my book? The book is available on on Amazon now, so shout out to me. It's a beginner's book to AI and [David] [07:59] Wait, you already published it? [Guest: David] [08:00] Yeah. [David] [08:01] Oh, shit. You didn't even you don't even tell me this stuff. I'm over here talking to you constantly. You didn't even mention it. [Guest: David] [08:09] I will be pushing it out. Um, like I'll be promoting it more uh come Friday and stuff like that, but it's already out on Amazon. And uh, yeah, it's cool. Like I obviously it's just my experiences with AI and beginners for people that are looking to get into AI and understand it and how to prompt correctly. It's just things that you can go ahead and I don't know, I think it's useful. I really believe it's useful. Uh, and I want to write, you know, two or three more books about, you know, more advanced books on super intelligence. [David] [08:47] Yes, that's the uh sequel to to the AI book is super intelligence. It just releases tomorrow. So you've got the AI book released today, super intelligence released tomorrow. [Guest: David] [08:58] It sucks because when he said that, I've I've already written or given a lot of stuff uh about AI and here everything's already created and this this motherfucker comes out and says SI, bro. Like [David] [09:14] Bro, rogue he rogue pulled you. [Guest: David] [09:16] Fucking rug pull of all the But I wanted to I've always wanted to write a book and like people are like, well, hold on. Why won't you write a book about digital assets? That's coming. I will write one. But I was like, man, AI is something that people are really fading. I said this, I made a clip about this. AI to me right now where it is, it's this it's on the same timeline as Bitcoin in 2011. That's how I feel. [David] [09:50] So you're early. [Guest: David] [09:51] If you recognize it. [David] [09:53] You're you're really early. [Guest: David] [09:54] You're really early. [David] [09:54] You're really early to the technology. Yeah, and the technology is getting it's getting to the point where it's incredibly usable and approachable. [Guest: David] [10:02] But like if you when AI first came out, it was kind of like Bitcoin 2029 2009, 2010. That's how you would look at AI when it first came out. [David] [10:15] Yeah. [Guest: David] [10:16] But right now it's starting to become usable. [David] [10:21] It's it's getting good. It's getting to that point where it's good enough to actually get it to what you want to do. I, you know, I had a thought about this the other day, David. You know, there's so many people that are fearful of AI and it taking jobs and everyone's going to be out of work because of AI. I'm sorry, super intelligence. I'm going to I'm doing it too. [Guest: David] [10:41] You got to get that right. [David] [10:42] Yeah, I'm I don't want to be on the outs. Um, but one of the big things that, you know, what what you end up finding is that people become more productive when they have access to these tools. And they're spending way more time than than they would at a nine to five. They're spending more than eight hours. You got people staying overtime at jobs, prompting AI and working with AI because they can produce so much more. They're spending like 12, they're working 12 hours a day. And it's like, I think that what we will see is the the output of people, um, in terms of the work that they can do will exponentially increase, not replace. And and I think that, um, I think that a lot of the fears surrounding, um, SI, super intelligence, will be unfounded when it comes to jobs. I think that it is a very good co-working tool. [Guest: David] [11:43] Yeah. [David] [11:43] Now it's getting to the point where it's a fantastic co-working, you know, co-working assistance and tools and I think it's going to up, you know, uh, there was somebody said this the other day and I forget I don't know who to attribute this to, but it's, you know, AI's, um, you know, AI's the big thing that everybody thought was going to put everybody out of jobs. Um, all these large mega corporations are, you know, releasing these advanced models and and everybody's fearful about people losing their jobs and then everybody's taking these advanced models and reverse engineering every single one of those companies' products. And it's just hilarious. Like the slingshot, um, you know, whether you're looking at what's going on with Adobe, whether you're looking at what's going on with uh the reverse engineering of games, um, in the game side of things, the tools getting good enough that you're seeing people who are, you know, very against AI workflows are now starting to come back around and and and actually be, you know, on board with it. And, you know, we talked about this prior is I think that it's just, you know, it's like instead, you know, when computers came around, it put a bunch of uh people out of work, right? That were doing accounting and and books and stuff like that. But there they the job market didn't it it it didn't decrease, you know, we didn't get a shrinking of the overall job market. We actually had an exponential increase in available jobs, even though that those specific jobs went away. And I think that's what we're going to see now. [Guest: David] [13:16] That's right. I think that's what we're going to see now. [David] [13:19] Beautiful, brother. [Guest: David] [13:21] The million dollar AI playbook. That's what we're going to see now. [David] [13:27] You should uh put your QR code that links to that um on the screen. [Guest: David] [13:32] I listen, I I was I was planning on uh talking about it on Friday, but whatever. [David] [13:39] It's already out. It's awesome. [Guest: David] [13:42] But I for the last being that I so like the reason why I did this is because I know how hard it was to go ahead and I for me, like it it was about prompting and and being correct with the prompts. [David] [13:57] Yeah. [Guest: David] [13:58] And how do you use it too? Like how do you really use AI towards your towards your business? That's that's the way I looked at AI. It's like, how do I use it towards my business? How is it going to benefit me? And I and then I started studying. I'm I'm that type of guy, well, I will study and I will study and I will try to 100% make sure that I learn this shit. Especially, obviously, if it benefits me in any way. And that's why I'm like super bullish on AI and especially the clips that I put out saying that AI is what Bitcoin is exactly in its stage where Bitcoin was in 2011 right now. So the million dollar AI playbook. I think it's cool. It's $11.99. You spend more on shit coins. So don't tell me that the price is high. You don't have to buy it. I can care. I I hope whoever buys it are people that are looking to understand AI and try to figure out how AI can go ahead and create them and, you know, who knows, a million dollar business. That's not guaranteed, obviously. But there are a lot of things that you can do with AI. 1% of the entire world is using AI. And they're only using it to ask AI questions about random dog shit. How many of of the people that are actually using AI are using it to solve problems? Not a lot. Not a lot of people. So, that's why, again, the book is out. And it's really like a lot of it has my experiences too. I I have been able I think it would have took my company to back to get back on its feet. It would have probably took the rebrand two to three years. AI cut that shit in half and some. So, [David] [15:44] Yep. [Guest: David] [15:45] I think it's a good thing. I'm not saying I'm never going to hire like a a human being to go ahead and do things. But there are things that human beings don't need to be hired for anymore. And I just said like the ultimate thing, which is like, what do you mean? It's the truth, though. It is the truth. [David] [16:04] I mean, we're we're hurdling towards a an entirely new job market for skills, right? Um, and one of the things we are seeing now though is is there are um, you know, institutions of higher learning around the world and and here in the United States that are really focusing on um, how to actually um, take advantage and and use AI. I I think that or SI, I'm going to keep messing it up. [Guest: David] [16:37] Yeah, you better you better I don't want to get a call on the show. I mean, [David] [16:41] I'm going to be I'm going to be uh banned from being online and talking about it. Um, [Guest: David] [16:46] Please do me a favor. I don't need Trump calling me. [David] [16:49] Well, I mean, are you sure you don't want him to call you? I mean, I can I can go talk to the big man. [Guest: David] [16:53] I don't need Trump calling me right now saying like, what is Landy doing out here? [David] [16:55] Oh, sorry. He's not in office anymore. Anyway, um, [Guest: David] [16:59] Who? [David] [17:00] I said I could go talk to the big man. I said, but oh, sorry, he's not in office anymore. [Guest: David] [17:05] Can I tell you one thing? Because me and you uh finally, I got 80 803, episode 80 803 is up, okay? Crypto, AI, politics, today's biggest stories. Finally, thank God. Thank you, God. Appreciate you. Okay. Um, Landy, me and you talked about this, by the way. [David] [17:26] Yeah. [Guest: David] [17:26] And I think people are shit. Well, somebody's supposed to be on at 12:45, so that ain't on me. Anyway, um, me and you were talking about this yesterday, I think. I think we were talking about it yesterday. [David] [17:41] Might have been last week because I had to bump off. [Guest: David] [17:42] No, it was yesterday because we were talking about rock bots and dots and uh I think it was yesterday. [David] [17:48] Oh, oh, oh, you got Yeah, yeah, yeah, yeah. Yeah, we were discussing this not on the show. Yeah. [Guest: David] [17:52] I am telling you right now. If I've already I have over 50 probably over 50 AI agents that do work. Bots and dots specifically bots. I'll agree with you on this. Game changer. [David] [18:11] Absolutely. [Guest: David] [18:11] This is this is next level shit. I'm not saying that my AI agents can't do the job. I'm talking about they like the AI agents do the tedious, tedious, like the heavy, I'll say heavy work. I won't say tedious. I think the bots do the the the [David] [18:30] The tedious work. Uh, the tedious work is done by degenerates in strip clubs. [Guest: David] [18:47] They do the titty work. [David] [18:53] Well, that's uh that's probably going to be Tik Tok uh limiting views at this point. [Guest: David] [18:59] My my stream isn't for anybody under 13, so I don't know. [David] [19:07] And you heard like I was trying. I was just trying, man. I was just waiting. I was letting you go. I didn't even throw you a a life preserver. I just kind of watched you drown. [Guest: David] [19:21] I was drowning, boy. [David] [19:25] I was drowning. [Guest: David] [19:26] Yo. [David] [19:27] Yo, okay, so one of the cool things that I was talking to you about when it comes to Grok bots. And I'm curious if you've if you've done this. So, um, you know, like uh Grok bots and dots, they have their own, you know, cloud computers and you can even go and you can work on those particular computers. Um, so what I've done in mine is I had it log in and utilize my subscription, um, for uh Claude and Open AI and stuff like that. So it has terminal access to utilize, you know, Opus, um, Soul 6.1, Astra and everything else. So I can it's it's really really cool because as long as, you know, and I have it working through the cloud computer side of things and then I'll just sync it to, you know, Claude uh code or I'll sync it to Codex, um, you know, as needed for for the laptop. And it really is like because it can prompt better than I can, right? Like so I'm just talking to the bots or the dots and just having it it go through and do this stuff for me. And it's the results I noticed are far better than me going in and trying to steer things, right? Um, I'm getting the desired outcome that I'm looking for much faster. And and Groks are new Grok bots are new. They're they're basically brand new. And it's so good. [Guest: David] [20:54] I I've set them up. I have them doing all sorts of work. Like I don't have to You know what? I can sit here and say nothing. Do you get where I'm coming from, right? Like I don't got to talk about any of this. [David] [21:11] Yeah. [Guest: David] [21:11] Why would I want to give anybody the advantage that I have right now? [David] [21:15] Yeah. [Guest: David] [21:17] Like I don't need to at all. But I'm like, this is like, listen, you can tell people anyway and they'll they'll use it for two to three minutes. You need to know what you're using it for. That that's bottom line. Like what are you constructing? Like I have all departments going right now. Like these aren't like you're like Elon's right. These are super employees. [David] [21:41] Yeah. [Guest: David] [21:42] Like 100% they are super employees. You know, somebody asked me this question. They're like, Dave, you're not scared using, you know, AI and giving AI all this information and connection. I'm like, let me explain something to you. We live in a world, unless you've never touched the internet in your life or logged on, Equifax has your information. Experian has your information, TransUnion, the banks, 23 and me, if you guys did a DNA swap. All these things already have your info. [David] [22:16] And they've all been breached. Elder databases have been breached multiple times. [Guest: David] [22:20] Your information is out there. Like whatever you think, you oh, like I'm not going to use AI and tell it like it doesn't matter because it's already out there. So, I understand why people are hesitant and they don't want to connect stuff and oh, it might I think the hackers out there will hack you way before the bots will. And who knows? Maybe maybe one day they will. Maybe one day the hackers will hack you. [David] [22:46] Well, the other thing is is the other big argument is I don't want to give them my data for them to train on. And it's like, my refrigerator is sending data via its freaking built-in microphone that that, you know, and my TVs are are sending data on private conversations to corporations. I can say one thing in one room without my phone around and some device is listening to me. I'll go to watch a show and I'll get an ad for the things I was just talking about. It's not magic, it's data collection. And there's no way around it. It's happening everywhere. So unless you are and this is by the way, it's funny because even the Amish, you know, now they're using, you know, even the dumb phones and stuff. That's sending data out, right? That they're trying to use. And now that the Amish are getting into like they, oh, we can finally have a smartphone and like these curtailed phones and stuff like that. [Guest: David] [23:43] Yeah. [David] [23:44] Like, well, you can be horse and buggy and it out there and you're still some company and the government are going to know everything about you and some hacker could potentially already go. It's just how motivated are they to go and grab, you know, your information. There's legitimate. [Guest: David] [24:02] I wouldn't be scared to use it. I wouldn't be scared to use the tech. It benefits you uh from all uh from all standpoints. It really does. [David] [24:10] And I mean, if you have a security focus first for a lot of this stuff, um, you know, we're it's funny to hear people in in crypto talk about security, um, when uh, you know, of this kind of stuff when you've got tons of scam artists out there. You've got wallet drainers all over the place. You've got network breaches and everything. [Guest: David] [24:31] You got Ledger. [David] [24:32] You got Ledger. Yeah. Okay. Like there's supply chain infiltrated. [Guest: David] [24:35] I haven't even talked about this. Holy shit. [David] [24:39] Yeah, the supply chain got infiltrated. It's wild. [Guest: David] [24:41] I I would I'm telling you right now. And like this is no disrespect to Ledger. This is what I'm doing. Ledger, if I'm a part of your company, I'm going right to everybody. I'm saying this absolutely stop production of Ledger. We got to figure out what the hell's happening. Okay? It's not only it's not on it's not only in one continent now. [David] [25:07] No, it uh [Guest: David] [25:10] And it's in Europe too. [David] [25:11] Yeah, there was distributors all over Europe. Like what was it like a thousand stores or something? [Guest: David] [25:18] People are getting drained. So, you you got to put a stop to production right now and you got to figure out what the fuck is going on. Like you can't like you're going to kill your brand. And right now, I don't think people trust at the end of the day, I don't think people I think people have lost trust in cold storage. Cold card. [David] [25:37] Companies specifically. [Guest: David] [25:38] Ledger. I mean, like all these things that are happening, Treasure, like with the data breach. I know it's not them, but it's still third party, right? It's people are losing faith. Uh, yeah. You know, Cake Wallet is a sponsor. No doubt about it. But I love Cake Wallet. Use their hot wallet or you can use their hot wallet or you can use Cupcake and download it from you know, cakewallet.com onto a factory reset phone, clean, download it and and hold it. And that's it. That's the only thing I can think of.

[Part 3 of 6] [David] [00:00] happens on Apple phone. Apple phones are the most, you get what I'm saying? Like I don't want to jinx it, but Apple phones are so restricted by nature. It's not it's not a Samsung. Yeah. Where you can go ahead and do things or the same. No, Apple does they do that for a reason. I don't know, man. It I'm telling you, Landy, it is getting scary. It is And that's because you obviously you got scammers, obviously. Those are the real scammers. You want to use words scammer, those are your scammers. Okay? Those are people draining people's life savings out of their fucking cold wallets. Okay? Those are scammers. People draining people from hot wallets, people giving people links to click on and draining them. Those are scammers. That's why I say the whole word scammer, rugger, all this stuff in the crypto space, it doesn't hold any weight. It's it's directed at the wrong people. [Guest: Landy] [00:54] Yeah, and it's just overused. It's it's basically the not going to go there. I don't want to get you restricted. But of crypto. Um, the the this is this is really I I I agree with you. You know, you and I have talked about this uh on the show and behind the scenes like I make my own hardware devices. So I don't rely on third parties. I can't. And guess what? I use custodians. Right? There's really good institutional custodians. Um, you know, that that look, you you also get insurance on that side of things when you're using an institutional custodian and there are programs I think that we're going to start seeing roll out for the crypto side of things for larger exchanges that is going to be um, likely, you know, it's going to be opt in or product uh as insurance kind of stuff. Um, the problem is that uh, a lot of it's likely going to come through the banking industry, right? You're going to see banks, you know, that are going to be accepting crypto. And then that's how they're going to roll in the insurance side of things. [David] [02:04] There's going to be insurance. There's going to have to be insurance with everything that's happening. And this is good that it's happening this I don't want to say it's good that it's happening. But it's good that it's happening now before the bull market starts off because that is going to be crazy. Yeah. One, you know, that that will be absolutely nuts. Um, Landy, thank you. Show was good yesterday that you did at 9:00 p.m. Oh, it wasn't at 9:00 p.m. It was later. Yeah. Uh, [Guest: Landy] [02:30] Appreciate it. [David] [02:31] Awful of you. I I listen, I know, I'm not Wolf Financial, so what what can I say, man? We're just [Guest: Landy] [02:35] Wait, what? [David] [02:36] What what did I say? Did I say something? [Guest: Landy] [02:38] Hold on. I am I am here with you. [David] [02:43] Oh. [Guest: Landy] [02:43] Because you are my friend and I am a part of the Gox Network. [David] [02:47] Yeah, sure, sure. [Guest: Landy] [02:48] And I put out a show a little bit late and you know exactly why that's late. [David] [02:52] You would never be you would never be late for a Wolf Bitcoin space. I'm just letting you guys know. [Guest: Landy] [02:57] No, no, no. Hey, hey, hey. I It's one exception on a Monday night. [David] [03:00] I'm just going to I will always remember. I'm going to tell you right now. In in the next year, when I'm on the next level, Uh-huh. [Guest: Landy] [03:11] You remember me? [David] [03:12] I By the way, I'm remembering something. So we got a lot of people coming on really I got to show you which like some notable names that are coming on. You'll be like, what the fuck, right? But I've had two or three people [Guest: Landy] [03:24] I hope it's who I think it is. [David] [03:25] What? [Guest: Landy] [03:26] I hope it's who I think it is. [David] [03:28] I have a lot of really good top tier notable people coming on. [Guest: Landy] [03:33] I guarantee it. Yes. Mhm. [David] [03:35] And then there's one person or two people, but one person I'll remember. No, actually two. I'm going to talk about this after interviewing or having the conversation with Ryan in the next uh two to three minutes. But there was who's not interested in doing the show. Uh, These my memory, you know, I don't have to write it down. My memory is like elephant shit. You you you are you are never coming on and it's a name. And you know what it is? I look at that name and I've watched this person before. And they talk about struggles like nobody wants to notice them, nobody's giving them a chance kind of thing, kind of thing. Mhm. And here like I'm not going to tell you that like I'm some like First of all, like we get plays on this on this show. So I'm not worried about that. Okay? Not worried about that. You know what? Maybe I'll call it out right now. Maybe I'll call out the name, should I? Cuz I'm that type of fucker, bro. I don't care. [Guest: Landy] [04:36] Nope. Nope. [David] [04:38] Okay. I would have if it wasn't for Landy. But this this guy, you know, hey, [Guest: Landy] [04:43] Hold me back. Hold me back. [David] [04:46] This I'll come on to you like, you know, I'll come on to anybody. You watch all these videos, ask for it, ask for it. Well, you know what? My EA asked for it. And this is what I I'm going to read it. I got to, man. I I got to fucking read this. It's sitting. It's it's it's burning. You know what it is? All you do, you see, like some of you guys hate being rejected, right? You're scared to be rejected. When in reality, rejection breeds success. Make what you want out of that. Some people like, what the fuck is he talking about? Rejection, I promise you, breeds success because you're willing to ask for it. Some somewhere down the line, people are going to say yes. Somebody's going to say yes. And then it just it's a snowball effect. So don't be scared of rejection. People who don't ask for things are usually people that don't make it. Cuz you're scared of rejection. Who gives a fuck? [Guest: Landy] [05:47] Yep. [David] [05:48] Use it as as fuel. That's what I do. That shit is fuel. I'm tell okay, here it goes. Hello. Thank you for reaching out again. We must politely decline at this time. If anything changes, we will let you know. But the first one was, thank you for your interest in having Bleep join you as a guest on the breakdown. These details have been shared with our podcast manager who handles all guest inquiries. If there's any interest moving forward, someone from our team will reach out. We received a high volume of guest requests and truly appreciate your patience and understanding. Now, I've sent an email to this person a year back. And they were like, listen, all booked up, but after this, we'll try to make it happen. And then this. I will remember this is like a poster. Like this is things that you should never give me. Like this is fuel. I look at all this stuff as fuel. I am that driven. I'm telling you, it's like Michael Jordan. I I've read obviously books on Jordan and Kobe, the Mamba mentality, all that stuff. And and that's my that's my insanity. That's why like maybe I rub people the wrong way when we work together. I'm just driven to win. It's not like I I I don't I want you to win with me. But I'm driven. I don't I'm not taking a day off or a second off. I'm driven. [Guest: Landy] [07:17] Yep. [David] [07:18] So that Thank you. You just If I if I'm already if I'm already out here dominating, watch. Watch. Anyway, Landy, I appreciate you. Hopefully, I don't know, maybe we'll bring you back on later and talk about the bot situation because I think uh the Grak bots, uh if anybody's using them, they they will benefit you in business. Or just in life. If you don't want to do it towards business, it will benefit you in life. I mean, it will allow you to free up, you know, two to three hours of time and and that that is just you can't put a number on that kind of stuff. So. [Guest: Landy] [07:57] Yep. Yeah, it's awesome. [David] [07:59] Landy the puppet, everybody. He's a puppet. [Guest: Landy] [08:01] Appreciate you. [David] [08:02] He said titty today, so I don't know what's going on. Landy, as always, love you, brother. [Guest: Landy] [08:10] Much love, brother. Take care. [David] [08:11] Bills. Take care. [Guest: Landy] [08:13] No. No. [David] [08:14] Yeah, that's right. Nobody wants to talk about the bills, okay? Canadian, a Canadian team. Why am I talking about a Canadian team? Anyway, uh we have uh Ryan here with us. He's in the green room. Obviously, no no snacks, no nothing. He's waiting. Um, we'll go ahead and put that up there, the overlay. Welcome to the breakdown episode 803. Why am I having trouble saying 803 today? 803 sounds like a zip code. I mean, area code. Um, Midnight, Polymarket, Cake Wallet, FOMO. Market talk. Seems like markets are are the biggest talk on I'm bringing on guests on. Like everybody wants to talk markets. Everybody wants to talk about the goddamn markets. Let's bring uh Ryan on here so we can go ahead and talk a little bit about the markets here. Uh, where is he? I'm doing this all by myself. Love it. Ryan, what's going on, man? [Guest: Ryan] [09:10] How you doing, David? Nice to Good. [David] [09:11] Nice to meet you. [Guest: Ryan] [09:12] Nice to meet you. [David] [09:13] Can you put your I just want everybody to see you. When we clip this up, I want every There you go. I want everybody to see you. There you go. Thank you very much for having a normal camera. When you, you know, we have people that still sign up on here or log on to the show uh with a Motorola Razer. So thank you so much for uh for those who don't know what a Motorola Razer is, go look it up on Chat GPT or something. [Guest: Ryan] [09:36] You got you got me uh two hours before I go to Africa. Otherwise it would have been, you know, a throw. [David] [09:40] Nice. Where you why why are you going out there? [Guest: Ryan] [09:43] Uh speaking at two uh blockchain conferences and then meeting uh a couple governments that we're doing uh Central Bank Digital Currencies with. So. [David] [09:50] Tell me more about your company. [Guest: Ryan] [09:52] Yeah, so we're uh Global Settlement. We're a layer one blockchain that's interoperable to pretty much every consortium network, built to be quantum proof, uh and the ability to uh send identity uh privately and compliantly across any kind of ecosystem. [David] [10:09] Looking at the looking at the markets. I'm going to go and then we'll go back into what you do with your company. But looking at the markets, what are you seeing right now? Besides the bullish sentiment, what are you seeing? What are you hearing? You're going out to conferences. What what's your take right now? [Guest: Ryan] [10:25] I'm going to be the opposite here. I think I think we're in a we're headed for a bear market like we've never seen. Um, I I I think Really? I think this is a dead cat bounce and it it's a uh the the good news is crypto's here to stay. The bad news is we're going to be more affected by macroeconomic conditions than ever before and uh the way the way the world's headed with oil and the wars, I I don't think crypto has a choice even if we're all super hyped on it. [David] [10:54] So you think that we are instead of hold on, hold on, hold on. So I believe that 57 to 60k was bottom for us. You believe we go you believe we go further down? [Guest: Ryan] [11:10] Yeah. [David] [11:13] Wow. Okay. Listen. [Guest: Ryan] [11:16] It's uh take the fundamentals. There's less Bitcoin on the market today than there was in 2022. Uh, the price being up doesn't mean the price is actually up. It means people aren't selling. And that's great. But when people have to sell because they need to pay their mortgage or the private equity fund is down 20% because the stock market crashed 20%. That's a different kind of conversation. And I I think that's right now we're benefiting from the fact that we have so many hodlers, so to speak. It's not going to last forever if the if the economy goes down. Now, if I'm wrong about that, we're probably set for a great bull market. [David] [11:52] But when do you see this happening? Is the question because a lot of people anticipate the bull the charts to flip bullish in the next let's say three to four months. [Guest: Ryan] [12:01] I I would say if you're if you're a super cycle believer, right, that the the chart should flip bullish. I I think the conversation here is is do we see the stock market or potentially the Treasury yield invert again? And if that happens, you know, we're just we're in a condition where most Bitcoin and Ethereum is held by institutions and institutions are here to make a profit, not necessarily stay stay to a true belief, right? And so I I think that that's where you you'll see a lot of liquidity pull from. And so I I'm more of the mindset that I think the Houthi Saudi uh situation is is set to escalate. Uh, Ukraine is striking every energy asset inside of Russia. And oil and gas being $6, $7 a gallon will will cause economic impacts that are just something that Bitcoin and Ethereum can't quite escape. And we've we've not we haven't really seen Bitcoin and Ethereum play as a hedge when war starts. It's never really been a a strong correlation. [David] [12:58] What if that doesn't happen? What if uh, you know, today or in the next few weeks, we're done with Iran. So it opens up. [Guest: Ryan] [13:07] Say Iran opens up. We have two factors that still play. We're facing inflation at home with rising Treasury yields. So that that usually is a depreciating factor in Bitcoin. The second is we have a midterm that as of today, I mean, you're looking at your logos, Polymarket, shows a pretty decisive win for Democrats both in Senate and House. And uh I I don't I don't expect that to lead to bullish sentiment. Um, maybe I'm wrong there, but uh I think that [David] [13:32] Well, they don't get nothing done anyway in Congress, whether it's a Republican held, you know, House and Senate or if it's uh, you know, Democrats holding. [Guest: Ryan] [13:39] I I agree, but the amount of investigations [David] [13:41] The only thing you're going to have with Democrats is they're going to try to impeach Trump for [Guest: Ryan] [13:44] You're going to see a lot of investigations in crypto though. And a lot of people in crypto getting caught up in in that. I mean, it's not necessarily a secret. There's some pretty big names in crypto that got some nice pardons that happened to have some pretty big donations attached to it. And I I I think that we will we will face some of the consequences of that in the industry with just constant investigations and digging into large businesses. [David] [14:07] Well, I mean, the the House if the House, you know, Polymarket, you mentioned them, uh Polymarket, if they're right and the Democrats do take the House and Senate, I mean, they still the SEC and the CFTC is still ran by a pro crypto everything organization. [Guest: Ryan] [14:24] You can drive them to a halt though. Uh the SEC if you get, you know, even just a majority constantly going through to stop their rulings or actions can get driven to a halt. And I think I think that's the thing that we're not factoring in enough is we have checks and balances and if we swing enough one way, those checks come into play in a way that we don't necessarily want. [David] [14:45] Yeah, but like this is an interesting conversation because the SEC and the CFTC has done everything possible to give us clarity, the Clarity Act, which didn't pass because the Democrats didn't want to go ahead and have the conversation, just the conversation. Forget about passing the bill. They don't want to pass it to the next chamber to have a conversation on what they don't like. There comes the SEC and the CFTC giving guidelines that are better than the actual Clarity Act that they want to pass. And that's good for the next two to five years. So [Guest: Ryan] [15:14] So I mean, I [David] [15:15] the whole investigation stuff would go after it's not like they won't investigate people that have, you know, that are scammers and ruggers. But I I don't understand if for the builders, they're going to, you know, this is a pro for the next two years, it's pro building. [Guest: Ryan] [15:31] Yeah, so I mean, I I would say there's two things at play. One is there can be a lot of money laundering conversations that get really uncomfortable for all of us. I say this as someone who runs a layer one as well. It it's if you want to find it in most of the blockchains and most of the exchanges, you can. And the benefit of decentralization is they have an argument in court. It doesn't mean they can't get held up in investigations and and a lot of just I would call negative sentiment. Um, the second side of that though, and this is you know, and I I I've personally been in working with Congress and and been working with a lot of the White House people and talking with them. Why we need clarity is that a bank, a private equity institution is not reliant on a two to five year issuance of safety. That means very little to me if I'm sitting here talking about billions of dollars, right? I need to see that there this can't be overturned in the next admin, that this can't reverse, that you can't have a hostile Congress go after you, etc. And so while this clarity is really helpful for me as like a startup and I feel pretty comfortable launching a token in the United States, it's not necessarily comfortable when I'm talking to JP Morgan or UBS. [David] [16:33] I'm I'm comfortable in the fact that if for the next two to five years, you're allowed to innovate in the United States of America, it's going to be pretty hard for Congress to roll it back. Or any or or let's say, which I don't think is going to happen. In 2028, I don't believe we will have a Democrat as a president. It's still going to be really hard for them to go ahead and do any sort of roll back, being that you'll have so many big time companies rolling themselves in, especially the banks rolling themselves into crypto. [Guest: Ryan] [17:04] I I think you can look at like how e-commerce payments evolved. They didn't necessarily get everybody and they didn't go after everybody. But some of the big winners of the dot-com boom that had some nefarious activity, they they got hit pretty hard. And you saw certain people survive and other people get killed on it. And I I think that's that's my thing is I don't necessarily think it's I think it's here to stay. I think Democrats when I talk to them, I mean, I I worked with them on clarity and a lot of them like it. Um, they had some issues on the ethics provision bill, but most of them know they need to do this. I think what's going to happen though is we're going to see certain big companies and certain probably large exchanges get caught up in a lot of negative sentiment and that could cause liquidity crisis or crunches and that could cause a little downstream effect on the on the bull market. Um, for Bitcoin to go [David] [17:48] The only thing I'm thinking, Ryan, the only thing I'm thinking about here, while we're having this conversation, and it's interesting, your viewpoint. I like it. I I don't I don't like when people come on here and and we we are we're in an echo chamber agreeing on stuff. I like that you have your personal view. We've been dying and a lot of people have been dying here to have clarity. And to stay in the United States of America and create their companies here rather than go to Malta, Estonia, Latvia, wherever, where where it's El Salvador, Portugal, no zero capital gains tax after, you know, after being there for a year or holding for a year. Like people want to build here though. They don't want to leave America. But it's extremely tough to innovate anything here, well, it was tough up until now. Obviously, we have a pro crypto president. We obviously see that. We have a pro crypto SEC and CFTC. That doesn't mean that people can now get away with crime. That that's not what we're talking about here. Exchanges are going to be obsolete. I mean, you're going to probably have central they'll probably what? Be three or five centralized exchanges left when all is said and done. Who I don't even know anybody who actually uses exchanges anymore, except for the, you know, for off-ramping and on-ramping. That's that's really it. Nobody's really trading on exchanges. [Guest: Ryan] [19:11] I don't disagree with you at all on that, right? Like and I I think that's the what I will say though is I think we've we've seen it play out. FTX to, you know, even when Coinbase has had issues and and things like that. Those exchanges represent on on the price making and market making side typically 10 to 15% volume. If you see any of them go under investigation, struggle, get orders of freeze operations, blue jackets, etc. You're you're going to see Bitcoin and Ethereum affected. It's just there's just no way around it that you can't you can't see that that sentiment. And I think that that's really what I mean by it is I don't I'm not bearish on the assets. I'm not bearish in the long run. And in fact, I'm even pretty bullish on Democrats coming around and being pro crypto. I I think that's that is the next president is likely going to be a pretty pro crypto president even if it's a Democrat. Um, what I think it is though is I do think that there may be a rocky year or two years than we're we're talking about right now. And I I think that's the while crypto people are high risk and you and I have probably gone through three or four cycles each of of losing 80% of our net worth, a hedge fund doesn't do that. And I think that that is the difference is we have more institutional money in Bitcoin and Ethereum today than we ever have. [David] [20:17] But being that we're Cypherpunk cats and have that Cypherpunk soul, I don't I never cared about institutions. I don't care about hedge funds coming in here. Yes, I have conversations with people that have been here for a really long time that like say, we need institutions to come in here and provide liquidity and stuff. Great. That's awesome. I want to sit at the same table as these institutions because we never sat at the same table, okay? The whole point of Bitcoin was Main Street gets into the game. We understand the value of money and the monetary system's all fucked. So like, here we are and here they come. We can both sit at the same table. Of course, they don't want us sitting at the same table because they need workers. If everybody gets into crypto and gets rich, who works for them? So we could go back I I get you I get your point of view. I get it. And I don't I honestly, I don't knock Democrats. There are some Democrats that are really pro crypto. They're trying to convince obviously their brothers and sisters that, hey, man, this is a good thing. It's kind of funny that crypto was a word associated with illegal stuff and now every single Fortune 500 company wants to use crypto. That's every single headline and news line that comes out is like, this company is now using crypto. So it's funny, brings a smile to my face. I want to ask you this, uh, why does sending money internationally still feel so complicated and how do you fix it? [Guest: Ryan] [21:40] Yeah, so I mean, I I think the answer is why it feels so complicated is because it is. Um, the the hard the hard part is that when you go to and I mean, I'll be in I'll be in five different African countries in the next three weeks. You go to these countries with the exception of South Africa and maybe like actually Nairobi. Most of them have four to five banks. The banks don't even have branches in most of the country. They don't have coverage across. You're talking about 3G or just text cell phones at best. And all of a sudden getting money to your local family in in Northern Uganda is a lot tougher than you think it is. Then you have the conversation around FX trading pairs. Then you have the conversation around anti-money laundering, OFAC, all that fun stuff. And you get into this absolute nightmare where we're talking countries that have maybe 40% of their population with identity, like actually given, where they have maybe 30% that actually have a bank account. And now that money's moving across borders, coming back and forth and and while Bitcoin and and Ethereum are great, they almost create a bigger problem because now to a bank, once that money goes over there, you have no way of knowing, did it touch Boko Haram, did it touch M23 or is it completely clean? And so where we come in and where we really provide is that we're partnering into the local ecosystem, giving the identity to to locals run by the government. And we basically a a wallet now is a bank account. And at the very least, there's a way to buy regulatorily do it. Now, I'm still here for the Cypherpunk ideals. That's why Ethereum exists, that's why Bitcoin exists, that's why Zcash exists. That's solved for when people want to send money privately and anonymously. But when you want to do it inside of a banking ecosystem, when you want to do it inside of a system where you can use inter inter country commerce and things like that, that's where we have to find a solution that meets in the middle. And and that's really what we've been building. [David] [23:25] I I I think the privacy meta is kicking off uh and and will be the next meta uh within the next few [Guest: Ryan] [23:34] So I'm definitely I mean, I you know, at Salt, I was on with Midnight Foundation and those guys and I was quite the controversial one of saying no one cares about privacy. But I really do mean that and I will I will scream it from the rooftops. 99% of the world uses Facebook and Instagram every day. I think you just were talking about how your refrigerator is recording your conversations and sending data back. The reality is, Palantir exists and has 190 data points on every single US citizen. People don't care. They should, they don't. They care about convenience and they care about safety. [David] [24:03] Well, I'll say I'll let me let me I won't speak for the people, but I think most people, I think most people do care. They just got accustomed to the current environment. So I I'll say that if you're in crypto, I don't know what sane person wants anybody to know their net worth. It's not because you're trying to hide anything. It's because I'm walking down the street, somebody marks me, says that he has 9 million or or 10 million or $5 million net worth. Let's go jack him. Okay? That that's what happens. It's not that you're alluding any three-letter agency. You just want to have your privacy. That that's really it. You have more privacy right now, and I think this gets away from all of us. You have more privacy with the banking system, with Bank of America, Chase, City, whoever it is that you bank with, TD, than you do on crypto. Because people can find your address and say, okay, he has $10 million. You're not going to do that with you're not going to do that with my account with Bank of America or Chase. [Guest: Ryan] [25:02] I think that's the and there's two options to that solution. I think it was interesting I you know, I came in in the back room listening to you guys talk about the ledger uh shenanigans that went down. But it's I I think my my whole thesis is self-custody is dead. Um, this idea that I'm going to run around with a million dollars sitting in a USB drive at my house when you can easily find my address in a voter registration is is crazy. Right? I'm I'm never going to do that. I'm I'm going to get held at gunpoint until I give them my keys. And so I do think that now that banks can hold our assets, things like that, we're going to see a a claw back to banking not a claw back, but a move back to banking in many regards because I I've watched enough I've had enough friends get attacked in France and and you know, come back from conferences with their wallet strained or or brutally beat up. And and it's a the reason is it's the same reason why in the Wild West, everyone eventually went to banks. We do want someone to be able to hold, insure and custody our asset and not [David] [25:56] I mean, I think you're I think you're crazy if you hold that on yourself as you walk around. I don't hold anything on myself. Okay? Good luck, you know, like with that. But I think if I I understand if the older if the

[Part 4 of 6] [00:00] [David] older boomer generation goes with the banking system. I get it because they were never coming into, you know, into crypto to download a wallet and and get seed phrases, okay? I'm calling my private banker, I'm getting all of that done with Chase. Okay? I I I get that but there are people that not your keys, not your crypto. Bottom line. Yeah, we can bring up ledger because I've been, you know, shitting on cold wallets in general. Look what's happening, cold card and ledger, like, I mean, is it ledger's fault? You know, I'm not going to put it all on them, but hey, this is happening, right? And now people are going to see and they're going to start having conversations about cold wallets and whether they're safe or not. [00:38] [Guest: Ryan] And I say this as like, you know, I I've had multiple people in my life have their wallet drained in different ways, who I would call highly secure individuals. I mean, I I know one person who was a dev that NSA guy got fully drained. I mean, did almost everything right. And and the reality is is there comes a time and place where do you want to have FC insurance? There are bad actors. Quantum is coming, right? Do do you trust that there's a way to have that offload support or are you going to be completely running rogue? And I think that insurance is an important thing and and that's one thing that I I think DFI struggles with to solve is is insurance. I know there's plenty of people trying to do it. But from a scale of 200 million people and I personally will keep most of my assets within a banking ecosystem. [01:22] [David] Well, if you go ahead and put your money into a bank and they can freeze your accounts at any time, then the whole ethos of, you know, crypto goes out the window, correct? [01:31] [Guest: Ryan] I I think kind of, but like the the ultimate is where you where you bank and what jurisdiction and what legal [01:37] [David] I mean, you can you can bank anywhere and and they can freeze your assets. [01:40] [Guest: Ryan] I mean, Switzerland's pretty good at at not doing that, right? [01:43] [David] Okay, besides Switzerland. Most people are not going to go to Switzerland to go ahead and have their [01:47] [Guest: Ryan] I I think that's the beautiful thing about Neo banks. We're actually changing how banking works. I can go and have a Swiss bank and offer a Neo bank around the world now at cost to people who are maybe only having $600 in the bank account. And so I do think you're going to see a privacy meta, but I just think the privacy meta is going to be more about freedom and rights rather than about, you know, am I am I secure? And that's I think agents just changed that. AI has changed that. I I look at the amount of and we get probably 600,000 attempts on us per month. And it's because everybody and their mom has an agent now that's just perpetually trying every single back door it can. The average person [02:24] [David] I won't I won't disagree with you on AI because I'm heavy on AI and I I've been talking about AI nonstop. I have a book about AI. So there's 100% I agree with you that AI is getting smarter, super intelligence. I'm going to say that because I don't want to get uh, I don't want to become the enemy of the state because Trump said super intelligence, so it will be super intelligence. But I I do believe there's something about we were trying to get away from the banking system and now we're crawling back to them. I get the insurance part. I think if we get the insurance part done, then there's no need to go back to Chase or TD to go ahead and bank with them. [03:00] [Guest: Ryan] I'll also be like, this is one of the things I'll praise Trump on consistently and I love. We actually did go after the banks for debanking, right? We we set up a lot of laws, rules and then appeal systems now. I got debanked four times. Like I I know it well. But I actually do think we fixed the problem, right? Like that's the beautiful thing about democracy. Things happen, they go bad, we talk with our money, we fix it. And and ultimately, I I think and this is I mean, we're a quantum chain. We we do a lot we do a lot of front frontier research on quantum. I think it's closer than anyone wants to admit. I mean, IBM came out and said said it's here functionally from a government standpoint. Um, we have to be ready for hacks and and velocity of hacks and advancement that is something that an average person just can't possibly do. Everyone thought they could trust ledger and now everyone's sitting here trying to find what's next and the amount of research you personally have to do to do that is pretty immense. Maybe Grock bots or something like that take over and and we all just start trusting our money through this through these kind of systems, but even even that, can I sue Grock if it loses my money? Do do I have an recourse if I if all of it goes away? Like where where that's kind of the questions I think people are going to be looking for. [04:11] [David] Quantum, you spoke you spoke the word. It's been interesting because I've had guests on here and we've gone through through it all, you know, about quantum computing and how close we are. I think we're closer than the 2029 report that came out of Google. What are your thoughts on quantum? And are you quantum safe? [04:28] [Guest: Ryan] We're quantum proof. Not just quantum safe. We're actually I I just wrote a journal article in uh the Quantum Journal that was about how NIST standards are grossly inadequate. And in fact, AI, which is photonic computing, probably will accelerate the ability to break 256 Shaw and other things. Um, and so for my my sake, I look at this as in 2024, the DOJ in November was completely hacked. It's entire foreign investigative division. Everything taken. That was on two two layers of encryption, live encryption at 2048 bit encryption. To do that in under an hour and get everything out, either requires an insider job, which no one's been arrested and there's been no cases to date. Or B, the most powerful computer we've ever seen. Now, we've seen constant data attacks happen over and over again, which leads me to believe that at this point, we're having different governments playing with different levels of powerful compute. If we say it's quantum, great. If we say it's not quantum, but it's close, that's just as important. And even scarier is Claude and Anthropic keeps publishing things that are now getting really close to breaking the elliptic curves. It may not be quantum that breaks all of this scary cyber security. It may just simply be the fact that our math is getting so good with AI that we're able to improve the processing power and everything that's going on. [05:45] [David] You know what I think with uh, with obviously with the birth of AI and at the the rapid pace it's moving this I've never seen an industry move this fast. I'm in crypto. Crypto move pretty fast, but I've never seen something this is moving fast. It's it's 3x fast. And at the end of the day, I I I think AI will crack um, crack especially, look, we've we've had a lot of blockchains cracked in general without AI. I can only imagine when we have AGI, which is probably already out there, start getting into the hands of bad actors and, you know, destroying this place in some sense. Or at least destroying protocols that aren't ready. And I feel like there are a lot of protocols that are out there that have that are susceptible to being absolutely exploited and they've done nothing to go ahead and invest money into security. So, I I kind of agree with that. [06:41] [Guest: Ryan] It's protocol. It it gets even scarier like on Ethereum and Bitcoin, legacy researchers and legacy people that maybe aren't even active anymore or dead, could have their old accounts hacked and and then up end up heavily influencing or creating code changes, etc. There's so much stuff that can occur when we start talking about the fact that now there's I mean, billions of agents running wild with the best compute in the world and AGI and things like that. And if we're if we're being honest with ourselves and you look at exit velocity and like where could you get the most liquidity from something, it's crypto. And and that that is the logical place for any bad actor to go first. And and I think that's what, you know, as we build, I mean, we we joke, but it's very real. Everything is on site premises, everything is, you know, hard keys, everything is multi-factored, and then we have constant monitoring and and like AIs that run intrusion defense 24/7. And we're a company that is still pre-main net. It it's because if you get it at Genesis of your main net, it's there's one bad actor in there, you're done. And I think most companies did not build as we've seen with Ledger, I think Ledger is the perfect example. They did not build in the early days with an NSA level security cyber security platform. [07:52] [David] Well, it was a great conversation. I hope to bring you back in the next couple of months, especially when the bull market kicks off. I'm saying that to go ahead and see if you crack. Uh, enjoyed the conversation. I hope you're wrong, but not because I want you to be wrong and I want to be right. I just hope that you're wrong. And if you're not, if you're not wrong, then it's going to be it's going to be a really shitty time. I mean, for me, I I'll be unaffected, I I guess, but it would really some of the things you did say, it becomes a really shitty time for for the space. We're trying to rebound. People have been starving since I I say since 2021, we haven't seen retail back. Retail can be flowing around here, but they're what they're talking about other things. They're in the they might even be in the traditional markets. They're not in crypto. So I'd love nothing more than to see you build out, others build out, things that actually are built with quality behind them and and the space continues to level up, but I appreciate you coming on here and have fun in have fun in Africa and uh again, hopefully we get you booked up and coming on here in the next two to three months so we can talk about where we're at and where we stand. [09:04] [Guest: Ryan] Absolutely. I appreciate it. [09:06] [David] Thanks, Ryan. Have a good one. [09:07] [Guest: Ryan] You too. [09:09] [David] I like that. Ryan came on, he's like, I'm bearish. I'm going to tell you why I'm bearish. I like that. I'm I'm cool with these conversations. I have no problem with them. Look, uh, listen, maybe he has to be in that mindset. I think about this too when, you know, when I talk to people, which I do all the time when I talk, have these conversations. I think some people need to be in that mindset to make sure that their shit develops correctly. Like if you're in this happy, happy, bullish, bullish mindset, I I don't know how good of a product you can make. Like think about that for a second. I don't know how good your product comes out if you're, oh yeah, nothing's wrong and nothing ever go wrong. I I fuck with that attitude being, okay, you know what? I'm going to be bearish about this whole thing, man. Straight opens up, your gas price is still going up, your diesel's out, you know, your local gas station's out of diesel. Great depression. I got scared a little bit. I ain't going to lie to front, I got a little bit scared. I think, uh, you know, my my thoughts are, I think privacy will do I think privacy he mentioned midnight. I think midnight, obviously, there midnight is a sponsor of the show, but before they were a sponsor, midnight has the same you could say the same DNA as Zcash, but better. Respectfully, no disrespect to Zcash. I have Zcash, but it's just like same DNA but better, privacy smart contracts. People want privacy because I mean, who doesn't want privacy? Who wants people to know what they have? So there is that use case. And companies, like you got a bunch of companies, you got employees. You got 30 employees. Let's say you have two employees doing the same job. Same job, same tasks every single day. And now it's payday and you've converted to stable coins or you've converted to whatever, Bitcoin, Ethereum, whatever it is. Now you're sending people payments. And now it can be seen on chain. Do you know what kind of havoc that causes? You know what kind of havoc you'll have in your company? Craziness. You'll have two people, one gets doing the same job, gets paid more than the other, been there at the same same length of time at the company. One's getting paid $1,000 to $2,000 more every week. Do you understand what kind of chaos happens? Number one, people are going to shout it out, run in front of everybody. Number two, you're going to have people that leave your company and go elsewhere. Be like, what the hell? I'm getting paid $2,000 less than this guy and this guy doesn't show up once a week and yada yada yada. I stay here overtime and that I put in max. That's what's going you how you need privacy. If companies are going to start paying people in crypto or in stable coins, you need privacy. You need privacy protocols in order in order to facilitate these transactions. That's it, bottom line. And again, walking out, you don't want nobody to know your network? It it is a problem when the banking system is way more secure or secures your information better than crypto. Like the whole point was to move away from crypto. I and I have to disagree on this. I can't see myself. The whole point was getting away from the banking system. Not to go back to it. What do you get from the banking system? I mean, if as soon as crypto develops their own FDIC, then there's no point to bank unless you're older, respectfully, and I I don't mean to age discriminate, that's not where I'm going with this. But when you're older and you don't have time to write down a seed phrase and and get a cold wallet and integrate this, that and the third, you don't want to do any of that. You want somebody handling that for you? I get that, no problem. But again, it goes against everything that crypto stands for, which is not your keys, not your crypto, right? But then you can also say, well, cold card people did everything correctly, ledger people did everything correctly, and they got drained. So it wasn't their keys and it wasn't their crypto, but now it is. I get that also. I get that perspective. I get it. I totally understand. Totally get it. Welcome to the breakdown. We had Ryan on here, uh, from GSX. I want to make sure that's correct. GSX, um, Global CEO of uh, Global Settlements. Um, good luck to him. He's flying out to Africa to speak at a blockchain event, conference. Listen, everybody has their their, you know, different opinions, man. I I and by the way, I just wanted to say this too. Just because if the Democrats win the House and the Senate, nothing changes from I guess from the guideline standpoint with the SEC and the CFTC. Nothing changes. They've already came out with the rules of the land. Here it is, guys. This is how you can operate and innovate within the United States of America. My only thing is that I don't believe, here here's here's my thoughts. I don't believe that 90% of the individuals in this space are here to do shady shit. I really don't believe that and I will never believe it. The people in this space want to either innovate, they want to make gains, life-changing gains. They want to be a part of crypto. It's new. It's something that they can get into and be a part of and and be included in financially where that opportunity never existed in the centralized world. So I don't I don't believe I believe 90%, even higher, 95% of the individuals participating in the crypto industry. I think they're good people. You know what, I can't judge everybody's character. I think they have good intentions with crypto. Let me put it that way, right? The 5% give everybody the bad name, but there's the 5% in every industry. There's 5% in the traditional markets. Bernie Madoff, right? Bernie Madoff, you had him. Every single industry has a bad apple. Bottom line. Do people more so attack a brand new industry than others? Yeah. More do they attack an industry like this that's young over industry that industries that are well established? Absolutely, but they still attack everybody. I don't know. I I I maybe maybe I'm naive. Maybe I'm just naive. Could be. I could be naive about the entire topic. I think the our innovators are going to get their shit together, they're going to wake up and they're going to absolutely create defense systems to defend us from all the shit that's happening. I really do believe that happens. But I do not believe that 90 to 95% of the people in this space in crypto today are here for the wrong reasons. They're here for the right reasons. They want to change their lives. Okay, they want to retire their parents. They want to give their families a good life. They want to give their generations good lives. Okay, give them opportunities that they never had. Okay, so I I don't I don't know. I don't see I just don't see that people have bad intentions in this space. In terms of those 90 to 95%. I think they're just trying to find a home where they can be embraced and welcomed and given a chance and an opportunity to succeed in the United States of America or in life. That's how I feel. The 5% don't give a fuck. The 5% are absolutely do the most nastiest things to you. 100% agree with that. I I just think that sometimes what happens is, it's kind of like haters, okay? Like, I can talk about the haters because I've had this platform for a decade plus. I've been streaming for 10 years. I've had this live show for 10 years. I've had podcasts for you I can keep going. Y'all can look at the goddamn resume. You got haters. But you got more fans than haters. I just want you you got 90% of your core audience loves you. They watch you. They don't they might not talk a lot in the chats and whatnot, but they watch. They'll they'll go out there on social media, they'll talk about you, they'll say good takes. Hey, I watched this show. I think that was good. Then you got the 5 to 10% that just don't like you. Okay? They don't like your name, they don't like your hairstyle, they don't like your eyebrows, they don't like that your eyes are green. They don't like your beard, that you were able to grow out a beard. They don't like the style of your beard. They don't like the Italian beard. They don't like anything. But remember this. Haters, haters are always people that wanted to do exactly what you're doing, but never had the effort to do it. That's all they are. And they see you doing what they were supposed to be doing and that's why they don't like you. And that's okay. They're the loudest ones and that's the same thing with the ruggers and the scammers. The 5% are the loudest. You see it. Like when you watch the news, the news, every single news channel always breaks in with negative news. It's never positive. They're not talking about Tom Brady donated $30 million to a charity. Michael Jordan built a school for underprivileged kids. They're not talking about anything good. Even when the Yankees or the Knicks or whoever win a championship, they're always trying to put in negative news first. If you think about it, when the Knicks won the championship, they talked about it for a minute or two and then they went ahead and queued out live into the streets and showed how people were jumping and breaking taxis. So the news is always trying to push negative shit. They're not pushing positive things. At the end of every single newscast, you will finally see the positive story right after the weather. Even the weather is negative. It could be sunny today, but you should make sure that you bring a jacket and an umbrella because I could see it rain on your ass at around 6:00 to 7:00 p.m. It's always negative. I'm telling you, all the good stories are always left left after the weather. That's like five minutes before the show ends. Why do you think people on social media who are negative do well? Because controversy sells, man. Clicks. People want clicks. So how do you get clicks? Say things that people are shocked about. Think about this. Peter Schiff, I like him. He comes on to my show. We have great conversations. Peter Schiff comes out every single day saying Bitcoin is trash. If if Peter Schiff were to come out and say that Bitcoin is a generational asset, how many people would like and follow him versus him coming out and saying Bitcoin is dog shit? That's our society today. People want to see fights, right? When you scroll your timeline, what are you watching? When you go on to X, formerly known as Twitter, Instagram, a TikTok, whatever it is. Most of the time, all you're watching is negative videos or outrageous shit that makes you go, holy shit. It's not the videos aren't educational, they're not providing you a value, and they're not making you feel like, oh, I'm going to jump out of this seat and I'm going to take on the day. No. You're watching like on X, you're watching you're watching people brawl outside a club. You're watching people getting hit by motorcycles and cars. You're watching people getting robbed in Mexico. Like you're watching all this negative shit. I post I'm going to give you an example. I'll post content that shit gets like 10k, 20k impressions and gets buried somewhere because it's positive. Like me talking about AI and crypto coming together and showing us one hell of a bull market from crypto and from AI. That shit will get buried because you're going to watch people jump 10 people jump one person out in the hood and shit. That's going to get you clicks. Shit, I should go negative. I should be absolutely negative. I should come on to this show and just say the craziest shit possible for the clicks. Some people would say that I've already say crazy. I don't say crazy shit. I'm from New York and I speak my mind. That there's a complete difference. It's a huge difference. I speak my mind. And some people don't like me speaking my mind and that's fine. To each his own. Welcome to the breakdown. What the hell? Am I not hearing it? There you go. I have my sound effects all for me. Welcome to the breakdown. It's 1:45 p.m. on the East Coast, three hours behind on the West. Um, yeah, I will always speak my mind. Good, bad or indifferent, whether you like it or not. This is who I am and I don't apologize for it either. I do not apologize for being me. And you know, I can easily sell out. You know, you know what I'm proud of myself? I got to say, I am absolutely proud of myself. I could have easily sold out to the VCs. I could have easily joined the cabals. I could have easily, easily sat back, sat back and just enjoyed. Got got into plays early. Y'all already going to know where I'm going with this. I I I I could have easily gone the other way, but I didn't. That's why I'm proud of myself. Absolutely proud of myself. Absolutely proud. I wanted to tell Landy though. I think the new press secretary, I think she was nervous today. Like I was listening to her speak respectfully and I I thought she was really nervous. By the way, somebody clipped up my show, which I'm making clips for it, and I respect the fact that you're clipping my shows. But to then completely take out that it's the breakdown and put like and and just put like a Twitch logo over the breakdown.

[Part 5 of 6] [00:00] I I just find that wild. [00:08] I really find that wild. [00:14] Absolutely wild. [00:24] Really find that absolutely wild. [00:43] Anyway, welcome to the breakdown. We'll be back. [00:47] Yeah, she did, you know, she did sound nervous today. When I I was watching, listen, I I'm a Republican, but I can call I again, this is where some of the Republicans hate me for, you know, saying what I say. [01:02] Just jump from YouTube to X. So there's a delay on YouTube. Really? [01:11] There's a delay on YouTube. I didn't know that. [01:14] I YouTube is my home. That's home base. Until TikTok, I don't know. Until TikTok does something, YouTube is my home base, man. [01:24] It's sad. Look, I'm accustomed to 1400 concurring. [01:39] I don't know what to do with TikTok. Honestly, I I don't know. At this point, do I have to get on my knees and just like, you know, [01:46] take one for the team? Like, what what am I doing here? Like, I I I'm just trying to figure this out. [01:52] What what am I doing here? [01:54] You know, I don't think these companies understand, I don't think these platforms understand how hard individuals like myself and others work. Like we get up in the morning and this is our life. We are out here researching, [02:12] learning on the topics that we're speaking about. Hold on, let's see. We are here, please be informed that [02:26] Okay, these people just don't understand. [02:57] I'm talking with TikTok. [02:59] They they keep on telling me like everything's fine. Nothing is fine, TikTok. [03:04] Nothing is fine. You have suppressed my account. It is not fine, okay? You don't go from a million views, okay, on all your topics, 500k, a million, all of way to 150. That does not happen, TikTok. Especially, I had Hunter Biden on. I'm only using Hunter Biden as an example because he's a Democrat, okay, who's your TikTok leans democratic. There should be no way, no way in hell, [03:37] that I should be censored like this. [03:41] It is absolutely 100%. My account is absolutely being put into a choke hold, okay? Don't tell me everything looks healthy. It's not healthy, okay? [03:58] It's absolutely not, man. It's an absolute joke. It's an absolute fucking joke. Especially working so hard in that account. Being a verified individual, really verified individual, because I'm notable, I guess. And to be put in and pigeon held, [04:21] Crazy, man. I got to say crazy. But Instagram, I I got to tell you, Instagram is I I, you know, the mistake I didn't make and this is one, I made a big time mistake. And that was, [04:35] though I was active on TikTok, I wasn't really active on Instagram and YouTube, and I didn't really push to have my clips put on there. I am 100% being silenced. There's there is no doubt about it. There is I am telling you, when I told you guys that I'm being silenced, all of a sudden you or I remember that episode I said, [05:00] with what I'm doing, I'm absolutely going to be bottlenecked. Absolutely silenced. And that was at a time, skyrocket ratings everywhere. On every channel, not just one. And I said, I will be silenced. You will see because the VCs do not like me talking the way I speak. [05:22] And who has more power with these platforms? Me or the VCs? Obviously. [05:29] When X doesn't showcase somebody who is in memes before anybody else, that tells you everything. When X doesn't show you a Bitcoiner that has been in Bitcoin, [05:42] longer than the people that are listed on that Bitcoin category section, that tells you everything you need to know. And it's not like, hey, he's held Bitcoin and this is the first time he's speaking publicly. No, no, no, no, no. This is about [05:56] VCs making sure that I'm censored because I am not playing their game. That's what it's come down to. So, I have people that don't, you know what's funny? I have people that don't like me from every direction. My whole thing is, I just don't give a fuck. Shout out to M&M. We'll be right back after this commercial break. Guys, I said it before. I want you to replay the tape. I said when, yo, if I go against the VCs, they will shut me down. [06:26] They will do everything in their power to muzzle me, to make sure that my message that I have for you guys to succeed does not get aired. And that's what you're have, that's what you're having. You can't tell me my TikTok account is not being suppressed. 470,000 people who follow me. Only a half a percent and not even see it, see the posts, see the lives. You're telling me that there's nothing wrong with the account. It is absolute bullshit, okay? 100% grade A bullshit. [07:04] Twitter, I pay Twitter almost two grand a month for the verified organizations. [07:11] You know how much, you know how much visibility we've gotten? Dick. [07:17] I don't why am I paying two G's a month? [07:20] Why am I paying? After this month, I'm done. It's over. I don't care. I'll pay the $50 for the blue check verification. Since it does like you I think you have to pay for it because the or does the verified because I'm legacy verified. Do I get to keep my badge or I have to pay for it? I don't even know what's going on there. Elon, what's happening, by the way? [07:44] I've supported you. I appreciate that you bought this platform freedom of speech, but what good is freedom of speech if you can't say if you people don't hear you? [07:54] I just don't get what good is freedom of speech if I am silenced. [08:02] And I'm paying for it. I'm paying to be silenced. It it's the craziest thing. This is why this is why the Jews do not want to accept me into the tribe. We'll be back in after this commercial break. Crazy shit. I I got to tell you, it's absolutely crazy. [08:17] We've issued eight. What first got you excited about blockchains? Think about it. Oh, wait. [08:28] 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. [08:41] Maybe it was imagining a world where people own their own data and get to sharing the value it creates. [08:51] 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. [09:22] 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. [09:31] Let's build the internet we deserve. Together. [09:38] 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. [10:22] This is Houston. T minus one minute until full data blackout. All eyes are on. [10:36] 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. [10:47] Is that guy on FOMO? Oh yeah. Yeah, let's get back to it everybody. [11:06] This just in. According to the astronaut's follow-up account, the highest in the room, the satellite has been restored. [11:14] Opportunity cost is simply this. Every position you take is a position you choose over something else. [11:28] This just in. According to the astronaut's follow-up account, the highest in the room, the satellite has been restored. [11:36] Yes. [11:39] For now, the crisis appears to be over. [11:53] Satellite's up and running. Positions looking good too. [12:09] There we go. United States of America representing. Socialism, 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'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. [12:39] There we go. United States of America representing. Socialism, 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'm here providing electricity and that energy that is necessary. I'm the modern day Tony Stark. [13:03] Welcome back. [13:05] I got to give a, maybe I should give a shout out. I should give a shout out to Amy from Lunar PR. Shout out to her. She made me laugh just now. I was looking at an email. [13:16] I'm never going to live down, I'm definitely not living down this uh, or actually, it was actually Landy who who mentioned Titty. So, I don't know, man. It sounded like it came from me, but I think it was Landy. But I don't think I'm going to live down that one, man. I don't think I think that's people talking about that's going to the into the quote books and stuff. I don't know, man. I ain't going to live that one down. Anyway, welcome to the breakdown. That's what I'm saying. I just say things and but sometimes my mouth says things. And then I realize it a few seconds later. Uh, Midnight is the title sponsor. Shout out to Midnight, of course. Polymarket is the official prediction market sponsor of the breakdown. Cake Wallet, one of the most secure wallets that we have in this industry. If you want to hold your Bitcoin, Litecoin, Zcash, or Monero on a secure wallet, you go ahead and download Cake Wallet. Cake Wallet.com. Also, if you want to take your phone that you have laying around, factory reset that bitch and download Cake Wallet, you can do that as well. All right? Download that. And then, you know, make sure that your ass is safe. [14:23] FOMO. You can watch people in real time trade live in 4K and write theses on why they're going into certain projects. You won't see me. I will use, I will use FOMO to show you things that I think that are interesting in the markets. But when I go into things, it's only at $2 million. It got to be a million to $2 million market cap so I can stop these assassins assassinating me. Okay, bottom line. [14:56] I'd apologize to my whole damn audience, man. [15:00] Shit, I need an apology for Auggie, bro. I need an apology. [15:06] I need an apology, man. [15:09] Um, so I have the book out. You guys can go to Amazon to go ahead and cop the book. I showed it today. On Friday, I might go ahead and read a sentence or two because that's all I'm able to do. [15:22] Um, we got a lot of clips coming out. You can go ahead and follow me on YouTube, subscribe, have the notifications on. Also, Instagram, besides putting clips on Instagram, I'm going to go butt ass naked, okay? I'm going to be butt ass naked. Or maybe I'll wear a speedo. Okay, I'm going to wear a speedo and I'm going to show off my chest and, you know, my traps and all that good stuff, okay? For those who want to see what it looks like to be me, you can tune into Instagram and see it. I'm just saying, if this crypto shit don't work out, if this AI shit don't work out, or excuse me, super intelligence doesn't work out, only fans, man. [16:10] See me dancing out there. [16:13] See me dancing out there in only fans. Politically, let's look at what's happening. [16:19] Let's look what's happening on [16:24] on Polymarket. Let's go go to Polymarket. I want to see [16:27] I want to see what's happening on Polly. What's happening on Polly market? [16:34] Seems like, uh, let's see. Who do they have winning? Who do they who do the people have winning on Polymarket? Let's look. [16:46] So, the Democrats now have a a 61% chance of controlling the Senate. So that's 61% chance. Uh, it's lower. It was at 66%, I think a week ago, but now it's 61%. And then you have 89%, which is down a percent, that the Democrats take the house. Now, I again, I respect Polymarket. I respect the pollsters, but I think that I really think the Republican Party is going to pull out an absolute victory. [17:19] Absolute victory will be had by the Republican Party. I I just feel it. I feel I I don't think the Republicans are going to go, you know, I don't think people in general are going to vote for socialists. I I don't see them voting for communist bastards. I I really don't see it. You have people that are literally telling you that they hate America. They don't agree with American politics. They hate capitalism. Like you have them, they won't denounce Hamas, they won't denounce the Muslim Brotherhood. Like all these things are happening. And like, Americans are seeing this. Like there's no way, even the Democrats. I you know what I think is happening here? I don't think they're polling Democrats. The Democrats that I'm talking about are the Democrats that voted in the primaries, [18:13] that literally walked out and said, we will not vote for any of these Democrats socialists and I'll be voting Republican for the first time in my life. I don't think that data is being, I don't believe that data is being looked at. [18:28] I don't believe that. [18:32] So, you know, this whole blue wave coming, it might fizzle out, man. It might fizzle out. So there you go on Polymarket. Polymarket, the official prediction market sponsor of the breakdown. Round of applause for them. By the way, my book, you can buy it on Amazon. Buy my book on Amazon. If you want, you don't got to buy it. It is it's up to you. Um, but somebody asked me if it if it also comes in audio. [19:02] I'm going to see. I think I think it does. I'll see. Uh, let me just put it up here. [19:09] I'm sorry. If you guys can shitcoin, you can absolutely look at this book. That's right. You can look at this book. The million dollar AI playbook. How I would use AI to find a problem, build an offer and grow a business. [19:33] 100%. These are just my thoughts. It's what I've experienced. Okay, it's it's exactly what I experienced when working with AI to go ahead and build my business. Okay, so the million dollar AI playbook, it's for beginners, really. It's really for beginners. So, anybody who is having trouble with AI, I will sign, I will do sign copies, no doubt about it. You send it to me, I'll I'll sign it and I'll send it back. [20:05] Uh, 100%. [20:09] But if you'd like, you can go ahead and copy it. If you're interested in AI. If you are interested in AI. So, there you go. [20:17] I'm an author now. I am absolute I am an author. I I want to be respected as one. I'm an author. Okay. It is kind of like AI for dummies. But I wouldn't I wouldn't say dummies. I would say, I would say it is a book to help, it is a book to help people get in through the ground floor on AI and maybe learn how to prompt. Because that's a big that's a big issue. A lot of people don't know how to prompt. And they're wasting tokens and they're getting frustrated and they're asking AI stupid questions or super intelligent super stupid questions and they're not getting the answers so they give up and they cancel the, you know, they cancel off the subscription. They're like, screw this, this is bullshit. I still talk to people right now that say super intelligence or AI is nothing. It's it's really it's crap. They don't believe in it. So, [21:12] and I'm telling you that right now, we are living in a in a in a time where AI in its current timeline is what Bitcoin was in 2011. I will stick to that. Nobody said that. I am telling you that right now. If you missed out on Bitcoin, don't miss out on AI. Okay? That that's it it's that simple. You missed Bitcoin, don't miss AI. You missed the dot com era, don't miss AI. [21:41] I I don't know if you're lazy and you just don't maybe maybe you're not hungry. [21:47] Maybe you're not hungry enough to realize that only 1% if that of the world is using AI. And out of that 1%, maybe a quarter are actually trying to build a business around it. So I I don't know what else I can say to you. You can make a a whole lot of money for yourself solving problems. And there are a ton of problems I've already talked about. There are industries that are overpaying, over advertising, not getting the conversions that they want. And here you can come in mastering a tool that can help people go to the next level. [22:34] Anyway. [22:37] Anyway, I want to thank everybody for tuning in today. I want to thank Ryan, uh, uh, Ryan for coming onto the show from uh, GSX. Shout out to him. Uh, listen, he had a really different take than a lot of the stuff that we talk about on here, but you need that. You you you kind of need somebody with that type of perspective. Listen, I don't know if he's trying to scare people. We've had people on here telling us about, you know, quantum computing and how it's already here. And people got scared. And people thought it was only for marketing reasons. Hey, I'm telling you right now, people, there are people that believe in what they say. You might think they're delusional, but there are people that believe in what they say. I'm delusional right too. I was delusional when I said Dogecoin's going to do numbers. I was delusional when I said that Bitcoin's going to amount to something. I didn't call Bitcoin, as people would say, but I was early in Bitcoin, still hold, will forever hold. Ethereum, Solana. I said Solana is the one to go into. If you watch the telecast, I said Solana is the asset to go into this bull market. People who know, know, they'll testify to it. [23:52] I could say a lot of things and you can think that there's no value to them, but at the end of the day, the numbers speak for themselves. Anyway, thank you so much for tuning in from YouTube. Uh, TikTok, just want to give you an update on TikTok. TikTok says they are working on this problem right now. I have harassed them to the point where I said, there's a problem here, ladies and gentlemen. There's a problem. They said, thank you for reaching out. I finally got a supervisor. We understand you're having an issue with account suppression. We are transferring your case to a specialized support team. They'll review and the information you sent over and let you know if there's anything they need to do or that you need to do next. We appreciate your patience and understanding. I might finally, [24:48] I might finally get the millions upon millions of DG fans to come see this beautiful face. Woo! [25:05] We might finally get this resolved because there's no way, the math ain't mathin, like I said again. You can't have a four you can't have 470,000 followers that have consistently showed up and you've consistently got in my case 500,000 views, 300,000 views, 1 million views. And then all of a sudden it stops. Especially when I say that I am not going to side with VCs. That doesn't happen. That doesn't happen. It's not coincidence. My account is being 100% suppressed. Any single time we're about on lives, any single time we're about to hit 300, 400 concurring users watching, concurring means that there are actual users watching the show, okay? Boom. Restricted. I sent them everything. I've been taking screenshots and I'm sending them all I'm like, look. And it's funny those screenshots it shows you the box and you see me live like like

[Part 6 of 6] [00:00] fucking frustrated. Anyway, we'll be back tomorrow. We got more guests on tomorrow. We got guests lined up the entire month. Yeah, we got some really cool guests that are coming on. I can't wait to speak to them. I really can't wait. We got a few that I'm pretty sure everybody's going to tune into it. So. Thank you, thank you, thank you. I will leave you with the quote of the day here. Um, this is something that I posted on Instagram, so if you've seen it, if you'd like to hear me, go ahead and say it again. So here we go. The quote of the day, sponsored by myself. Imagine being given ten years of your life back. Think of the things you would finally attempt. The embarrassment you would stop caring about, the chances you would be furious with yourself for wasting. You are living those years now. [01:00] I'll say that again. Imagine Imagine being given ten years of your life back. Think that things are, think of the things you would finally attempt. The embarrassment you would stop caring about, the chances you would be furious with yourself for wasting. You are living those years now. So remember, If you're young and you're healthy and you and you have the ability to walk and stand and use your hands, okay? You have no excuse not to dominate in this industry over any man's. That rhymed. That was a bar. There are no excuses. You can blame anybody you want. At the end of the day, blame yourself. There is way too much opportunity here. AI, crypto. Bull run coming next 60, 90, 120 days. You want to go 120 days? I'll do 120 days. You will see. And I will see something that we have not seen in our lifetimes. The generational transfer of wealth is coming. Make sure you got your hands in it. That's all I'll say. Thank you so much for tuning in. Today's Tuesday. Kill Patterson is on at nine, I think it's nine Eastern. I believe it's nine Eastern. So check him out. The Kill Patterson show. Check out the show. It's a great show. Kill Patterson's a great person. Shout out to Landy for showing up today. I know he had prior engagements with the, you know, with Wolf Bitcoin. So shout out to Landy. And on that note, On that note, ladies and gentlemen, I'm out.