AI, Crypto Privacy, Politics, & Tech Earnings

[Part 1 of 8] [00:00] If we had not had AI, we would be $8 billion 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 aren't there like 100 million problems a 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 abundance because of digital technology. [00:58] People are greedy when they also try to acquire gold. [01:01] Not really. I mean, people who buy gold are trying to preserve. [01:03] We're greedy in centuries. We have centuries of people being greedy to go ahead and acquire gold. [01:09] 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 the greed is in the speculative frenzy that accompanies Bitcoin. [01:51] 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. [02:05] Plus there's a lot of utility technology in Midnight that's going to make the use of Cardano safer. Like Midnight passport will be the fastest, safest and easiest way to use Cardano. So, we gain all the usability enhancements. Plus I'd argue Midnight is an essential component for Bitcoin, the Bitcoin D5. When you look at that side of it, you're like, okay, Bitcoin users, they want privacy. So, Cardano could do a lot of the heavy lifting on the programming side, but where is the private coordination layer to solve that? So, we're actually working on this program, our Bitcoin D5 setup that we call it the the circle. So, you start with Bitcoin and Taproot. I'm going to put 50 Bitcoins of my own money into this to prove that it actually works. So, you start with Taproot and uh Bitcoin, you lend it to a stable coin. So, that'll cross 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's sent to your Taproot. And then Midnight coordinates all of that with privacy. So, you have like all three networks working together, and you have this circle. And then for the Bitcoin user's perspective, you just give them a button, make money, click the button. And then it locks their Bitcoin, they just start generating a yield. The security actually enters the Taproot on the Bitcoin network. So, it meets my three rules that I have for Bitcoin D5. One, there's always a there's always a Bitcoin, Litecoin is better money than than fiat obviously. It's also better money than gold. 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, a company or a 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 about money. If you work hard and you make money, you don't want that money to kind of disappear over time, not from your own doing. Right? So that's that's key in Bitcoin, Litecoin and uh most cryptocurrencies. Um, is able to to do that. [04:11] Well, I could have the argument that real estate's better than Bitcoin. For a number of reasons, by the way, depending on who you are. [04:18] Um, your audience will probably disagree because they're probably a bunch of, you know, Bitcoin maximalist. [04:26] They don't have as much Bitcoin as the real estate guy, by the way. [04:29] 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. [04:41] 100%. That that I can probably agree with you on. [04:45] I think it should be a bigger issue within the crypto system and the ecosystem. What do you think? [04:50] I think it will be. I think privacy is going to be the the new if you want to in my view, and this is what I'm tasking their investment professionals at Mailstream to sort of figure out. I think that the stand out shitcoin or, you know, few shitcoins of 2026 to 2028 will be related in some way shape or form to privacy. We already saw the, you know, amazing move of Zcash over the last few months. Yes, it's down 50% from the 780 high, but I think again, my goal is, you know, my mental model is 10 to 20% of the value of Bitcoin. That's what Zcash is up. So much higher than where it is today. But, you know, taking away Zcash, what is the token project or protocol that's going to utilize some privacy technology, probably something related to ZK or knowledge proofs to do something whether that's quantum resistant, you know, the overlord can't be anonymize our data or, you know, see what we're doing, whatever it is, right? These are the things that we're latently afraid of of of what bad things that could happen with the proliferation of Big Tech, big government and [05:59] Donald Trump 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 was because the documentary was so big and then me. It's exactly what they're doing. Lawfare has been waged against if you go through, I pick anyone. Pick Geert Wilders, the leader of the the Dutch party. Pick Marine Le Pen. Any politician in Europe, yeah? Anyone. Pick anyone who has stood up and tried to speak against immigration, and you will see a history. Matteo Salvini, I was with him two days ago, the the Deputy Prime Minister of of Italy was prosecuted in 2020. They said he kidnapped because he stopped the boat. He was prosecuted in 2021. He was then charged with other crimes. The process is the punishment. Every political leader who's tried to step up was charged. You saw they done to Bannon, you saw they done to Stone, you saw they trying to do to Trump. That's happening across the board. That's the of their. But I think it's Trump then because we're on very optimistic about the future. He's not because we're not in the public already. The public's awake. [07:17] So the other thing about it here is that a lot of political power, you know, it's going to have a nuclear attack in this 2022 election. Certain races that were absolutely going to be lost are still in play because of the Trump effect. And I think things like Cardano Live, which has been changed a lot. We've had many conversations to try to get it into a better shape and hopefully September 15th will actually be able to get it up and running. Now a lot of cross-chain for the actual. So there's over 200 changes to adjust the notification and other things. I don't think anybody realizes how much work's gone into it. I talked to Charles, I said, everything is terrible. He said, you know, we worked on this three times longer than Obama worked on this. And that we have a response to the 2008 financial crisis. [08:02] This is politics and we need to get crypto and our industry out of these partisan debates, out of these partisan issues. It's really not healthy to treat any technology as some kind of political pawn. This isn't about Republicans, this isn't about Democrats. This is about freedom. This is about giving people access to their assets online. This is about allowing them to transact globally without an intermediary. This is about the economy, this is about innovation, this is about future finance. This isn't about red versus blue. We need to get out of that. [08:35] have been very negative on Bitcoin and crypto, so even public statements calling it rat poison 2.0 or pet rocks or, you know, name your name your funny name. Now all these same institutions have now understood that this is not a fad. This is here to stay and oh, we need to get a piece of the pie as well because that's if I had a genie and three wishes that I could make gold better, my first wish would be shrink the supply to 21 million coins and make it illegal to make any more. And my second wish is What first gets you excited about blockchains? Think about it. Oh, wait. I bet it wasn't multi-million dollar hacks, exposed data, or finding somewhere safe to store your seed phrase. Was it? Maybe it was the idea of decentralizing a broken financial system. Maybe it was imagining a world where people own their own data and get to share in the value it creates. 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 that 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. [10:26] 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. [11:09] This is Houston. T minus one minute until full data blackout. All eyes are on you. [11:24] 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. [11:34] Is that guy in FOMO? [11:36] Oh, yeah. He's collecting for a crazy trade. [11:38] Yeah, let's get back to it, everybody. [11:54] Breaking news. There's an astronaut. FOMO account. Highest in the room. The satellite has been restored. [12:23] Yes. [12:26] For now, the crisis appears to be over. [12:40] Satellite's up and running. Positions looking good too. [12:56] There we go. United States of America representing. [12:59] Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. [13:13] I am the modern day Tony Stark. [13:27] There we go. United States of America representing. [13:29] Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. [13:44] I am the modern day Tony Stark. [13:54] Oh, oh, oh, oh. [14:03] Yes, I can drink on my own show. Water. That's water, by the way. Just want to let everybody know that's water. Welcome to the breakdown. Hold on one second, man. Look at me. I got so I started reading something as I'm waiting for the commercials to play. I started reading this article. And then I'm like, ah, and I forgot to do all this other stuff, but welcome to the breakdown. Let me just let me just do this real quick. This is it's funny. You get caught up in the moment. Caught up in the moment. That's what happened. Got caught up in the moment. But we here. All right, hold on one second. Give me a sec, man. Give me a second, man. Give me a second. Let me get a sec. I know you guys are giving me a second. Let me get a sec. I can't believe I can't believe, yo, what is wrong with me, man? What is wrong with me? What in the fuck is wrong with me? Uh, where is it? Jesus Christ, where is it? Look at me. By the way, for anybody who's tuning in, uh, and will be listening on on, let's say, uh, Apple Podcast, Spotify, I don't know, whatever other whatever other streaming platforms, I do apologize. It is inconsiderate of me. By the way, just want to say Restream, a platform that we go ahead and use, and we have Riverside and others. But now Restream is absolutely stepping up their game. They they are they're adding new features to their platform, which will make this show even better. So, thank you so much. Work on getting TikTok comments. How about working on getting all the You know what I would love to see? I would love to see one day where everybody who tunes into this show can talk to each other. The people on LinkedIn, the people on YouTube, the people on Kick, the people on Rumble, the people on X, okay, X formerly known as Twitter. I would love to see it and the integration for Instagram if it would be a little bit more easier to do. I swear to God, I wish I can go live on Instagram right now. It's it's it's so unfair right now. I can't figure it out. I wish I can go Do you understand? I I got like I got I got I got people that would love to tune into the show. They don't even know what's happening right now. I got to clip it up. Anyway, it is 12:11 p.m. on the East Coast, 3 hours back on the West, but nobody cares about the West. You tuned into the breakdown episode 811. That's right, 811. Episode 811, sponsored by Midnight. Also, sponsored by Polymarket. Polymarket is the official prediction market sponsor of the breakdown. And if you haven't downloaded Polymarket's application yet, go do that right now. Put in the keyword, keyword, the code, breakdown, when you go ahead and sign up. When you sign up, put in breakdown, get $25. And goddamn well, you guys need $25 after the shitcoin that you guys have done, okay? And with the markets the way they are, $25 is $25. That's that's one trip to, I don't know, McDonald's or something. Maybe IHOP, who knows? Also, shout out to Cake Wallet. Cakewallet.com, you can go ahead and check out everything that Cake Wallet has to offer and the entire company has to offer you. I'll run it down. They got one of the most secure wallets that you have in this goddamn industry. Right? If you want to go ahead and protect your Bitcoin, Litecoin, Zcash, Monero, download Cake Wallet. App Store, Google Play. Also, also, like I always say every day, if you have a phone sitting around that you're not using, factory reset it, go to cakewallet.com and download Cupcake. No, I'm not talking about something you eat. I'm talking about a program that will help you protect your assets. Go to cakewallet.com. The team has been working for years on this stuff. They didn't just come out with it. It's been in it's been in the works for years. Also, FOMO.family. We'll have somebody on from FOMO. Hopefully this month, we're going to break down all the new features. We're going to talk about trading. We're going to talk about a lot of stuff. So go to FOMO.family. Follow your favorite trader, okay? Follow your favorite trader. See what thesis they they write on to some of these things that they're trading. See all this happen in real time, okay? Fomo.family. You see the commercial. Welcome to the breakdown. I'm done with the I'm done with the the ads and stuff. Hopefully TikTok will go ahead and be nice enough and let us have a show today. But it doesn't depend on TikTok anymore. Yo, TikTok has been so rude, man. I've been putting on some really good I've been putting on some really good clips. And I've been messing around on there. I've been sitting back though. I think I need to, you know, I think I on Instagram, I've been looking on Instagram, I've been looking on TikTok. Obviously, I've been posting there. Posting clips of interviews that we're doing here on the show. And I've been thinking, man, like maybe I just need to just, you know, besides clipping those clipping those things up, maybe I should just like clip up or talk about real life things and or or just clip up things that I do in real I I don't know. I'm thinking about things. Maybe I go on there naked or something. I don't know. Anyway, What's wrong with me? What is wrong what is wrong with David today? I am on Rumble. What is wrong what is wrong with David today? By the way, I don't know, they got this new feature. So, I mean, before I get started, they got this new feature here. I was looking at it. I don't know if I should do it. Um, but I can go ahead and like, let's say, put this right here, but I see, I don't want to mess up my shit. That's the thing. I don't want to mess up my thing. What the hell is going on? Why is it not working, though? How does it even work? I don't even know how this works. What what is the what is why why does anybody see this shit or not? Or is it only me? Oh, you don't see it. Ah. TikTok is already on their game. They're talking about Trump. Okay. I woke up to Melania apparently calling this piece this piece right now, apparently due to Melania or some shit. I don't know, man. I have no clue what the hell's happening. I really don't I don't even want to talk about that shit, honestly speaking. I really don't want to talk about that shit. I I don't understand how this shit works, though. Whatever. Anyway, I'm not messing with this shit. I'm probably end the I'll end the goddamn show if I mess around with this fucking shit. Anyway, welcome. Trending news, crypto, AI, politics. We talk sports also. Somebody uh said like, Dave, you don't talk about sports. What are you talking about? I'm always talking about sports. Talking about I I talk about sports all the time. I love sports. I love my Giants. They went ahead and went from Winston to to JJ. We'll see what JJ's all about. See if JJ can go ahead and perform. Bright lights. He seems like he loves the New York Giants, by the way. He seems like he always wanted to be here. Obviously, the New York Giants tried to get him, but instead they got Malik Neighbors, but now they got both. That should be fun to go ahead and watch. Hopefully he does well, man. Hopefully he does well, but if he does really well, I don't know where Dart stands, man. I'm not sure I'm just saying in general. I love Jackson Dart, but at the end of the day, I don't know, you know, I don't know where Jackson Dart would stand. I really don't. They might end up trading him. They really might end up, you know what? I could see a situation where they trade Jackson Dart if JJ McCarthy performs well. JJ got a booming arm, he can run. They both got aura. I don't know, man. I don't know, man. I like I obviously I like Jackson, man. I like Jackson. No doubt about it. That's my boy. Jackson Dart. All right, let's go ahead and hit some stories up. Um, looking at the markets from traditional to crypto and all that good stuff. I oh my God. Apparently Landy is with us. He's in the green room. Somebody let somebody gave Landy permission to come back onto the show. I think Landy he's like, oh my God, this show is just booming. How do I get back on there? Unbelievable. Should we even let him on? Should we even let him Now he just wants to Now he wants to come back on? Anyway, he can stay here for a second. What's going on, Landy? Let's go run down these stories. I know you're not used to the new format. So, you'll just have to there's stories. Okay. There's there's news. We have news, right? So we have news and then we have guests. I know you've seen it while you were, you know, hosting boring ass spaces. I'm just saying in general. What? What? Let me go. Hey, I'm Did I take I don't give a fuck. I'm taking shots at everybody. Yeah. Game right now, okay? We got we're on the court right now. All right. After this show, we can be friends. I'm mentality right now. All right. All right. Let's uh go to uh let's go to some news here. Meta's first cash burn in a decade drags uh Nasdaq to its worst day since June. Um, yeah, I mean, Meta, man, they're burning money, man. They're burning money with with AI. Um, they're burning money with um I know they had to pay like $25 billion. What state was that to? Well, they had, you know, they lost that shit. And they have other states that are coming after them. Um, but Meta fell almost 7%. And um, quarter three free cash flow came in at a negative 2.12 billion. Um, that that's I'm I'm saying these numbers lately. You know, Anthropic losing $80 billion first quarter of 2026. Meta over here 2.12 billion. It is crazy. It's like like the the these big tech companies, they lose an enormous amount of money right now playing or trying to build AI. Trying to build these AI platforms. They are absolutely losing. Even though like you have they have a lot of people signing up. They're they're making money. But they're burning at the same time. It is. It is crazy. Meta might be a dark horse in the AI race because they took a different [00:00] If we had not had AI, we would be $8 billion 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 aren't there like 100 million problems a 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 abundance because of digital technology. [00:58] [Guest: Landy] People are greedy when they also try to acquire gold. [01:01] [Guest: Name] Not really. I mean, people who buy gold are trying to preserve. [01:03] [Guest: Landy] We're greedy in centuries. We have centuries of people being greedy to go ahead and acquire gold. [01:09] [Guest: Name] 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 the greed is in the speculative frenzy that accompanies Bitcoin. [01:51] [Guest: Name] 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. [02:05] [Guest: Name] Plus there's a lot of utility technology in Midnight that's going to make the use of Cardano safer. Like Midnight passport will be the fastest, safest and easiest way to use Cardano. So, we gain all the usability enhancements. Plus I'd argue Midnight is an essential component for Bitcoin, the Bitcoin D5. When you look at that side of it, you're like, okay, Bitcoin users, they want privacy. So, Cardano could do a lot of the heavy lifting on the programming side, but where is the private coordination layer to solve that? So, we're actually working on this program, our Bitcoin D5 setup that we call it the the circle. So, you start with Bitcoin and Taproot. I'm going to put 50 Bitcoins of my own money into this to prove that it actually works. So, you start with Taproot and uh Bitcoin, you lend it to a stable coin. So, that'll cross 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's sent to your Taproot. And then Midnight coordinates all of that with privacy. So, you have like all three networks working together, and you have this circle. And then for the Bitcoin user's perspective, you just give them a button, make money, click the button. And then it locks their Bitcoin, they just start generating a yield. The security actually enters the Taproot on the Bitcoin network. So, it meets my three rules that I have for Bitcoin D5. One, there's always a there's always a Bitcoin, Litecoin is better money than than fiat obviously. It's also better money than gold. 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, a company or a 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 about money. If you work hard and you make money, you don't want that money to kind of disappear over time, not from your own doing. Right? So that's that's key in Bitcoin, Litecoin and uh most cryptocurrencies. Um, is able to to do that. [04:11] [Guest: Landy] Well, I could have the argument that real estate's better than Bitcoin. For a number of reasons, by the way, depending on who you are. [04:18] [Guest: Name] Um, your audience will probably disagree because they're probably a bunch of, you know, Bitcoin maximalist. [04:26] [Guest: Landy] They don't have as much Bitcoin as the real estate guy, by the way. [04:29] [Guest: Name] 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. [04:41] [Guest: Landy] 100%. That that I can probably agree with you on. [04:45] [Guest: Name] I think it should be a bigger issue within the crypto system and the ecosystem. What do you think? [04:50] [Guest: Name] I think it will be. I think privacy is going to be the the new if you want to in my view, and this is what I'm tasking their investment professionals at Mailstream to sort of figure out. I think that the stand out shitcoin or, you know, few shitcoins of 2026 to 2028 will be related in some way shape or form to privacy. We already saw the, you know, amazing move of Zcash over the last few months. Yes, it's down 50% from the 780 high, but I think again, my goal is, you know, my mental model is 10 to 20% of the value of Bitcoin. That's what Zcash is up. So much higher than where it is today. But, you know, taking away Zcash, what is the token project or protocol that's going to utilize some privacy technology, probably something related to ZK or knowledge proofs to do something whether that's quantum resistant, you know, the overlord can't be anonymize our data or, you know, see what we're doing, whatever it is, right? These are the things that we're latently afraid of of of what bad things that could happen with the proliferation of Big Tech, big government and [05:59] [Guest: Name] Donald Trump 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 was because the documentary was so big and then me. It's exactly what they're doing. Lawfare has been waged against if you go through, I pick anyone. Pick Geert Wilders, the leader of the the Dutch party. Pick Marine Le Pen. Any politician in Europe, yeah? Anyone. Pick anyone who has stood up and tried to speak against immigration, and you will see a history. Matteo Salvini, I was with him two days ago, the the Deputy Prime Minister of of Italy was prosecuted in 2020. They said he kidnapped because he stopped the boat. He was prosecuted in 2021. He was then charged with other crimes. The process is the punishment. Every political leader who's tried to step up was charged. You saw they done to Bannon, you saw they done to Stone, you saw they trying to do to Trump. That's happening across the board. That's the of their. But I think it's Trump then because we're on very optimistic about the future. He's not because we're not in the public already. The public's awake. [07:17] [Guest: Name] So the other thing about it here is that a lot of political power, you know, it's going to have a nuclear attack in this 2022 election. Certain races that were absolutely going to be lost are still in play because of the Trump effect. And I think things like Cardano Live, which has been changed a lot. We've had many conversations to try to get it into a better shape and hopefully September 15th will actually be able to get it up and running. Now a lot of cross-chain for the actual. So there's over 200 changes to adjust the notification and other things. I don't think anybody realizes how much work's gone into it. I talked to Charles, I said, everything is terrible. He said, you know, we worked on this three times longer than Obama worked on this. And that we have a response to the 2008 financial crisis. [08:02] [Guest: Name] This is politics and we need to get crypto and our industry out of these partisan debates, out of these partisan issues. It's really not healthy to treat any technology as some kind of political pawn. This isn't about Republicans, this isn't about Democrats. This is about freedom. This is about giving people access to their assets online. This is about allowing them to transact globally without an intermediary. This is about the economy, this is about innovation, this is about future finance. This isn't about red versus blue. We need to get out of that. [08:35] [Guest: Name] have been very negative on Bitcoin and crypto, so even public statements calling it rat poison 2.0 or pet rocks or, you know, name your name your funny name. Now all these same institutions have now understood that this is not a fad. This is here to stay and oh, we need to get a piece of the pie as well because that's if I had a genie and three wishes that I could make gold better, my first wish would be shrink the supply to 21 million coins and make it illegal to make any more. And my second wish is [09:07] [Guest: Name] What first gets you excited about blockchains? Think about it. Oh, wait. I bet it wasn't multi-million dollar hacks, exposed data, or finding somewhere safe to store your seed phrase. Was it? Maybe it was the idea of decentralizing a broken financial system. Maybe it was imagining a world where people own their own data and get to share in the value it creates. 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 that 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. [10:26] [Guest: Name] 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. [11:09] [Guest: Name] This is Houston. T minus one minute until full data blackout. All eyes are on you. [11:24] [Guest: Name] 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. [11:34] [Guest: Name] Is that guy in FOMO? [11:36] [Guest: Name] Oh, yeah. He's collecting for a crazy trade. [11:38] [Guest: Name] Yeah, let's get back to it, everybody. [11:54] [Guest: Name] Breaking news. There's an astronaut. FOMO account. Highest in the room. The satellite has been restored. [12:23] [Guest: Name] Yes. [12:26] [Guest: Name] For now, the crisis appears to be over. [12:40] [Guest: Name] Satellite's up and running. Positions looking good too. [12:56] [Guest: Name] There we go. United States of America representing. [12:59] [Guest: Name] Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. [13:13] [Guest: Name] I am the modern day Tony Stark. [13:27] [Guest: Name] There we go. United States of America representing. [13:29] [Guest: Name] Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. [13:44] [Guest: Name] I am the modern day Tony Stark. [13:54] [David] Oh, oh, oh, oh. [14:03] [David] Yes, I can drink on my own show. Water. That's water, by the way. Just want to let everybody know that's water. Welcome to the breakdown. Hold on one second, man. Look at me. I got so I started reading something as I'm waiting for the commercials to play. I started reading this article. And then I'm like, ah, and I forgot to do all this other stuff, but welcome to the breakdown. Let me just let me just do this real quick. This is it's funny. You get caught up in the moment. Caught up in the moment. That's what happened. Got caught up in the moment. But we here. All right, hold on one second. Give me a sec, man. Give me a second, man. Give me a second. Let me get a sec. I know you guys are giving me a second. Let me get a sec. I can't believe I can't believe, yo, what is wrong with me, man? What is wrong with me? What in the fuck is wrong with me? Uh, where is it? Jesus Christ, where is it? Look at me. By the way, for anybody who's tuning in, uh, and will be listening on on, let's say, uh, Apple Podcast, Spotify, I don't know, whatever other whatever other streaming platforms, I do apologize. It is inconsiderate of me. By the way, just want to say Restream, a platform that we go ahead and use, and we have Riverside and others. But now Restream is absolutely stepping up their game. They they are they're adding new features to their platform, which will make this show even better. So, thank you so much. Work on getting TikTok comments. How about working on getting all the You know what I would love to see? I would love to see one day where everybody who tunes into this show can talk to each other. The people on LinkedIn, the people on YouTube, the people on Kick, the people on Rumble, the people on X, okay, X formerly known as Twitter. I would love to see it and the integration for Instagram if it would be a little bit more easier to do. I swear to God, I wish I can go live on Instagram right now. It's it's it's so unfair right now. I can't figure it out. I wish I can go Do you understand? I I got like I got I got I got people that would love to tune into the show. They don't even know what's happening right now. I got to clip it up. Anyway, it is 12:11 p.m. on the East Coast, 3 hours back on the West, but nobody cares about the West. You tuned into the breakdown episode 811. That's right, 811. Episode 811, sponsored by Midnight. Also, sponsored by Polymarket. Polymarket is the official prediction market sponsor of the breakdown. And if you haven't downloaded Polymarket's application yet, go do that right now. Put in the keyword, keyword, the code, breakdown, when you go ahead and sign up. When you sign up, put in breakdown, get $25. And goddamn well, you guys need $25 after the shitcoin that you guys have done, okay? And with the markets the way they are, $25 is $25. That's that's one trip to, I don't know, McDonald's or something. Maybe IHOP, who knows? Also, shout out to Cake Wallet. Cakewallet.com, you can go ahead and check out everything that Cake Wallet has to offer and the entire company has to offer you. I'll run it down. They got one of the most secure wallets that you have in this goddamn industry. Right? If you want to go ahead and protect your Bitcoin, Litecoin, Zcash, Monero, download Cake Wallet. App Store, Google Play. Also, also, like I always say every day, if you have a phone sitting around that you're not using, factory reset it, go to cakewallet.com and download Cupcake. No, I'm not talking about something you eat. I'm talking about a program that will help you protect your assets. Go to cakewallet.com. The team has been working for years on this stuff. They didn't just come out with it. It's been in it's been in the works for years. Also, FOMO.family. We'll have somebody on from FOMO. Hopefully this month, we're going to break down all the new features. We're going to talk about trading. We're going to talk about a lot of stuff. So go to FOMO.family. Follow your favorite trader, okay? Follow your favorite trader. See what thesis they they write on to some of these things that they're trading. See all this happen in real time, okay? Fomo.family. You see the commercial. Welcome to the breakdown. I'm done with the I'm done with the the ads and stuff. Hopefully TikTok will go ahead and be nice enough and let us have a show today. But it doesn't depend on TikTok anymore. Yo, TikTok has been so rude, man. I've been putting on some really good I've been putting on some really good clips. And I've been messing around on there. I've been sitting back though. I think I need to, you know, I think I on Instagram, I've been looking on Instagram, I've been looking on TikTok. Obviously, I've been posting there. Posting clips of interviews that we're doing here on the show. And I've been thinking, man, like maybe I just need to just, you know, besides clipping those clipping those things up, maybe I should just like clip up or talk about real life things and or or just clip up things that I do in real I I don't know. I'm thinking about things. Maybe I go on there naked or something. I don't know. Anyway, What's wrong with me? What is wrong what is wrong with David today? I am on Rumble. What is wrong what is wrong with David today? By the way, I don't know, they got this new feature. So, I mean, before I get started, they got this new feature here. I was looking at it. I don't know if I should do it. Um, but I can go ahead and like, let's say, put this right here, but I see, I don't want to mess up my shit. That's the thing. I don't want to mess up my thing. What the hell is going on? Why is it not working, though? How does it even work? I don't even know how this works. What what is the what is why why does anybody see this shit or not? Or is it only me? Oh, you don't see it. Ah. TikTok is already on their game. They're talking about Trump. Okay. I woke up to Melania apparently calling this piece this piece right now, apparently due to Melania or some shit. I don't know, man, I have no clue what the hell's happening. I really don't I don't even want to talk about that shit, honestly speaking. I really don't want to talk about that shit. I I don't understand how this shit works, though. Whatever. Anyway, I'm not messing with this shit. I'm probably end the I'll end the goddamn show if I mess around with this fucking shit. Anyway, welcome. Trending news, crypto, AI, politics. We talk sports also. Somebody uh said like, Dave, you don't talk about sports. What are you talking about? I'm always talking about sports. Talking about I I talk about sports all the time. I love sports. I love my Giants. They went ahead and went from Winston to to JJ. We'll see what JJ's all about. See if JJ can go ahead and perform. Bright lights. He seems like he loves the New York Giants, by the way. He seems like he always wanted to be here. Obviously, the New York Giants tried to get him, but instead they got Malik Neighbors, but now they got both. That should be fun to go ahead and watch. Hopefully he does well, man. Hopefully he does well, but if he does really well, I don't know where Dart stands, man. I'm not sure I'm just saying in general. I love Jackson Dart, but at the end of the day, I don't know, you know, I don't know where Jackson Dart would stand. I really don't. They might end up trading him. They really might end up, you know what? I could see a situation where they trade Jackson Dart if JJ McCarthy performs well. JJ got a booming arm, he can run. They both got aura. I don't know, man. I don't know, man. I like I obviously I like Jackson, man. I like Jackson. No doubt about it. That's my boy. Jackson Dart. All right, let's go ahead and hit some stories up. Um, looking at the markets from traditional to crypto and all that good stuff. I oh my God. Apparently Landy is with us. He's in the green room. Somebody let somebody gave Landy permission to come back onto the show. I think Landy he's like, oh my God, this show is just booming. How do I get back on there? Unbelievable. Should we even let him on? Should we even let him Now he just wants to Now he wants to come back on? Anyway, he can stay here for a second. What's going on, Landy? Let's go run down these stories. I know you're not used to the new format. So, you'll just have to [24:08] [Guest: Landy] There's stories. Okay. [24:10] [Guest: Landy] There's there's news. [24:12] [David] We have news, right? So we have news and then we have guests. I know you've seen it while you were, you know, hosting boring ass spaces. I'm just saying in general. [24:21] [Guest: Landy] What? [24:24] [Guest: Landy] What? [24:26] [David] Let me go. Hey, I'm Did I take I don't give a fuck. I'm taking shots at everybody. Yeah. Game right now, okay? We got we're on the court right now. All right. After this show, we can be friends. I'm mentality right now. [24:42] [Guest: Landy] All right. All right. [24:44] [David] Let's uh go to uh let's go to some news here. Meta's first cash burn in a decade drags uh Nasdaq to its worst day since June. Um, yeah, I mean, Meta, man, they're burning money, man. They're burning money with with AI. Um, they're burning money with um I know they had to pay like $25 billion. What state was that to? Well, they had, you know, they lost that shit. And they have other states that are coming after them. Um, but Meta fell almost 7%. And um, quarter three free cash flow came in at a negative 2.12 billion. Um, that that's I'm I'm saying these numbers lately. You know, Anthropic losing $80 billion first quarter of 2026. Meta over here 2.12 billion. It is crazy. It's like like the the these big tech companies, they lose an enormous amount of money right now playing or trying to build AI. Trying to build these AI platforms. They are absolutely losing. Even though like you have they have a lot of people signing up. They're they're making money. But they're burning at the same time. It is. It is crazy. [26:09] [Guest: Landy] Meta might be a dark horse in the AI race because they took a different

[Part 2 of 8] [00:00] approach. Remember they, um, they released Meta Spark, which is an open weights model. It is the largest open source open weight model out of an American, um, you know, frontier model lab. That was before they did Wonder and Wonderful and then Muse. So, I think, and remember they, they did that, uh, Spark model, which is like 846 billion parameter model. They partnered with Apple on that. [00:31] Yeah. Which is this is very interesting. The two companies that have been kind of, you know, quietly trying to work on AI and then kind of not and then they're back on. They've been cooking in the background and I think their approach is going to be very different than some of these, um, than your Anthropic, your SpaceX SI and your your Open AIs of the world. I think they're going to go the open route model. If you look at Muse, their Muse bot, they, um, they, they, they, they had a good hit, right? Like people are using it. But [01:04] People like it. You know, I've been I've had the last two weeks I've had people come on here deep into AI and they've talked about it about it being a good platform. So, but it's about trusting it is the question. [01:18] That that is the thing. Yes, of course. But what people are finding though is and the reason why I think it's even more attractive as of the past couple of weeks is people are finding that the free plan, you can get all kinds of things done that, you know, on a Grockbot, you're ripping through tokens. They're very generous with Muse. They're just, you know, your your limits and the way that it utilizes those those tokens or credits, um, on the free tier is very, very generous. Much like releasing an open model that is one of the largest ones out of an American lab and company. So, I I I think their approach is going to be a hybrid approach of pushing the industry forward through, um, open source and more accessibility to free models, um, and free tiers. And I think they're going to I think that them and Apple are going to take that approach because Apple can, you know, they're not tied in with the Google. [02:16] You about Apple. I I I'll tell you about Apple. Apple shouldn't even get into the game. [02:21] You just hate Siri. [02:23] No, no, no, no. Apple is killing it on the hardware side. So like Apple accidentally fell into a position where they're they're providing [02:34] Well, yeah, because they're they're providing the yeah, because the the Spark model was specifically they partnered with Apple for the the machines that aren't even out. Those uh the Mac Studios that aren't even out yet. [02:47] That's that's what I'm saying. Like iMac Studios, all that's they you know, like so many people asked what is what is Apple going to do next after the iPhone, right? Yeah, the iPad, iPhone, people will use it and stuff, but it was getting boring. Like every update is a new camera, right? Now you got the dual that came out. Mixed reviews. I'm not getting it. I thought about it. I wanted it. But now like I saw the reviews, I'm like, nah. I'm I'm I'm going to hold off a little bit. Wait for them to come out with dual two or some shit. Um, it's not because of the folding thing. It's it's because they're saying that it's a little bit heavy and whatnot. I don't know. [03:23] I I think it's more the software for me because I I was waiting to see the reviews. And a lot of people are talking about, yeah, the apps that Apple made for it, but the software, you know, they they're great, but the software stack itself for all of the, you know, App Store stuff. It's it's it's not up to snuff. So it's going to take probably a generation for folks to catch up on that side because look, Samsung's been doing this a long time. And so is so have the Chinese companies with the foldables. So Apple's got a lot of catching up to do on the software. I think the hardware [03:55] Honestly, I'm not really I'm not even into foldables. I can care less about that shit. I mean, I'd rather get a little iPad the smallest iPad available. I want to just real real quick run that we're going to run into one of your topics here in in the news because I know you love it. Um, but I just want to say real quick, uh Meta's new uh non-voting uh class C stock is meant to provide Meta with the ability to finance its own growth. Uh, a lot of people wanted, um, I know there were a lot of people in uh in Wall Street that wanted them to do a, um, I think a eight to one split, not the two, I think they did a two one, two to one, I think two to one. I think they did two to one split and Wall Street wanted eight to one. Um, anyway, that that, you know, they did that also for those who, I know a lot of you guys don't even look at the goddamn traditional markets. I know you guys are just stuck on crypto shit coins. Uh, but for those who are interested, um, Meta again, burning money, but long-term, you got to give Meta credit and Zuckerberg credit, man. I can't believe this. Threads is really doing better than X. I I I said it. Threads is doing better than X. Instagram obviously is a behemoth. I mean, people laughed at him when he changed or he went into the metaverse and changed the whole name of the company to Meta. But it looks like he like I I don't know, he's just ahead of the game, man. Him and you know, the only people that I'll give credit to is him and him and Elon. Let's go ahead and talk about Brent hits uh 115. Um, I know you've you're probably greasing yourself up with oil and stuff. Uh, with Brent hitting 115. Uh, shit's going down in Saudi Arabia and Iran and Iran threatens the Gulf data centers. Uh, so Brent is up 115. It's highest since May 4th. It's on track for the third straight week gain of about 4.2%. Uh, our good friends at Reuters are talking about that. Why this matters? Oil uh above 110 feeds inflation right before the Fed meets and Iran just put the Gulf AI build out on its target list. So, that's a that's always nice. Thanks, you know, shout out to Iran. Uh, continuing to fight with three soldiers and [06:22] It's it's the proxies that have been out there for a while, right? They've been doing this for a long time. You know, they're they're they're now their tactics have changed to your terrorist-based attacks on, you know, the headquarters and, you know, it's moved on from some of the infrastructure stuff because a lot of what the Saudis have been doing is really locking down their defense uh around the infrastructure and uh they're they're just now going for for the other lower hanging fruit of the regular folks that work in the in the offices, the executives and stuff like that. So, look, it that is um that's a tactic that you know, we talked about they were probably going to try, we talked about this months and months ago at this point that they were probably going to start uh having to go to um which is kind of the last gasp. I'm hoping that it's the last gasp. If you're in Europe, you're hoping it's the last gasp of this because Brent is so dislocated even from WTI right now. Brent carries such a premium over WTI that we're starting to see contracts uh to come back to the United States in the Gulf area to pick up oil here because it's just the the the the numbers game for the spread in oil prices between the the the East and the West are really diverging. Even though, you know, we are seeing uh, you know, WTI also break out, you know, right now it's sitting at 103, probably going to go for 105, maybe even above. Um, but yeah, this is, you know, kind of something we've been talking about for a while. I mean, I I know that you've been keeping up with the uh with the market updates as well. I've been talking about this, you know, bouncing off of the 88 to 90 region. It held for WTI, held for Brent. And probably we were looking if that holds, we're looking for this to go ripping back to the upside and that's exactly what we're seeing. So, [08:21] And um, Trump came out on Truth Social and said, Iran is doing everything they can to drive up the price of oil prior to the US midterm elections. Um, Guardian came out, the mag, obviously the news outlet. Trump has backed away from striking Iran again, seventh times in the past four months. Um, I'm just reading a lot of I I love to bring up like the the the hate or the left uh printing stuff out on on Trump and how he's hellbent on hitting Iran, but whatever. I I I don't know when this shit's going to end there, but again, apparently today there was one thing that actually made me fucking laugh and I'll talk about it. Uh, I want to move on real quickly to Bitcoin ETFs bleed. Cuz we had at the beginning of this on Monday, we had an amazing amount of money pour in. Uh, but now we have ETFs that are bleeding $635 million, the most since June. And BTC sits below the ETF cost basis. So, um, spot Bitcoin ETFs lost 635.6 million on Thursday. Uh, the largest uh daily outflow since June 25th, led by Ibits, um, $254.1 million and FBTC $217.5 million. Um, Bitcoin is it about what, 81,000, six right now? Why does it matter? The average ETF buyer is now in the water. That's where we can't sell and it is it is really true. Um, there was there was a point where I I mentioned this a few what, I I think I mentioned this a few weeks ago. I think it's like two to three weeks ago that we get to the 86, 87 level, that's where everybody breaks even with these ETFs. People who went into into ETFs, people went into Bitcoin for the first time. They might not like the asset. I'm just saying in general, like maybe they're spooked. Maybe they're listening to Peter Schiff too much. So they're pulling out money and they're going elsewhere. And and that and that's fine. You know what? But everything that's happened, like with people pulling out money, we're still in the 80s. I would love to pull back. I keep saying and I'm getting so much hate for this. This is crazy work. I'm saying I want to pull back and I think we deserve one more healthy pullback before we go up. And people like, why are you talking? Yo, bro, like I am getting attacked for saying this shit. [01:52] Well, I mean, you and I've talked about this for a while. Like it's not about it's not necessarily about this move up. We although there is some checkpoints that I wanted to see Bitcoin hit. It hit one of them by breaking the macro downtrend. But it's all about the move down and price goes up and it goes down. It doesn't go up in a straight line. So we want to see it come down and we want to see where it starts to show signs that it can potentially put in a higher low on longer term time frames to actually start to set up for a bull market because at this moment, it's still in a it's it's higher high structure does not mean that it's going to go up, up, up, up, up. It didn't do that in any cycle. It went up, breaks the downtrend and then it comes back down and sometimes it scares the ever loving crap out of everybody when it comes back down. [01:42] I just But but it's healthy. Like right now and and there's one thing that I continues to say, I think you've said I don't know, like I've said this so many times. This is good for those people who got sidelined. I know a lot of people that I've talked to that have been sidelined. They didn't expect Bitcoin to be at this price point. They thought it would be lower. They thought it would be in the 40s or 50s. A lot of people thought that Bitcoin would absolutely be lower along with the other cryptocurrencies, if you want to call them majors within the ecosystem, but they're they're higher now. And and people have been on the sidelines praying for a pullback. Well, you you you will get I think we will get this pullback. Will it go into the 40s? Like I don't believe it goes into the 40s or the 50s. But if it does go there, I really don't care. It's kind of like what I said to Will Reeves, who's on here, the creator of Fold. I said, I I really don't care, you know, at the end of the day where it goes. I'm going to buy it at any point that I see fit. Because yeah, never mind. Uh cuz I I'll go on a rant. Let's move on to Anthropic's S1 Watch and Open AI nearest 300 billion at a 1.25 trillion valuation, man. I don't even if you look at these companies, by the way, I just want to say like Anthropic, shout out to Anthropic. Shout out to Open AI. I'm signed up to every like I'm signed up to every one of them. They they all are particularly good at one thing. You know, like they're like to me, they all are particularly good at one thing. Uh, but they they're not worth 1.2 1.25 trillion. Like none of these companies are worth maybe in the future. Like right now they're burning money. Like I just mentioned in the beginning, 800 $80 billion in just in losses, $80 billion in quarter one of 2026. That was Anthropic's loss. Even with everybody signed up to a max plan or whatever plan. You know, so right now they're they're in a like I think Open AI is losing obviously. They they keep going back to Wall Street asking for more money, asking more money from institutional players. Same thing with Anthropic. I think the only one really that's sitting back and people are not watching. I really don't believe people are watching is Elon. [01:09] Mhm. [01:10] Elon is sitting back, he's not burning cash. He's not. He's sitting back watching. [01:18] I would argue that he's burnt the cash on the infrastructure side of things. [01:22] But that's it. But he's making money back. [01:24] Yeah, and and now it's funny because they're people are raising cash and then going to Elon and making deals to get in his data centers for their models that are competing models, which he's more than happy to host, right? So, look, it one of the this is why I said to you just a little while ago when you're talking about Meta. I think that Meta and Apple have a pretty good plan. One of the things with Open AI, people forget that Open AI's got a Microsoft backstop. So when they need to raise money, Microsoft can help them raise money. Anthropic's kind of out there on their own and the reason why they're able to raise the money that they've been raising for that CAPEX is because their models are I would argue they are a bit of a cut above everybody else in certain respects, especially in in um creation and creativeness and ability to um uh I I would argue there is a barrier to entry for Anthropic's products because of the interface if you got to go in there and customize it to even get it to the level of like a Codex or some of these others. Grock doesn't even have a really good interface. You're literally in terminal, right? So when you're working with build, um, [01:39] I like being in terminal better than any of the apps that are out there. [01:44] I agree, but you're not going to get like the the reason why I think Open AI's um you've got Claude co-work, but when you compare it to like Open AI's um chat GPT downloadable client with Codex and everything else. It works just I think miles better and even that's there's there's a lot of criticisms of that as well, but I think it's a lot better out of the box. You can uh you can customize um your Claude, you know, interface and and dashboard and harness, I should say for Claude code, um to really do some crazy stuff that would bring it over the top of everybody else, but you have to have some technical knowledge to do so or you got to sit there and burn a bunch of tokens to actually have it build something for you. Yeah. And I think that Open AI's got a lead on usability side of things. Um, I think that their voice models are still a cut above. And then you've got on the other side, you've got SpaceX SI with the Grockbots that I think are the killer app in the space and they can they're going to use everything. [01:48] Until until cuz you know how bullish I am. Until Anthropic comes in. [01:54] Well, you're talking about Duet then, right? Did you do you have access to it yet? [01:58] Not yet. I unless I actually didn't check. So today like I'll check today. [02:03] So did you you if you haven't signed if you didn't get access yet, go and hit the uh early access link and and apply for early access to it. [02:12] Early access, I know. Like somebody told me that. [02:15] It's it's got a ways to go. I'll tell you that. It's got a little ways to go, but it's it's very good. [02:20] I will say though that Anthropic has done a better job than everybody else in terms of um the way that Claude speaks to you, like the language setting. [02:33] Sure. Yeah, yeah. [02:34] It's it's way better. It's it's more humanized than uh everything else in terms of like Open AI, Grock, etc. I'm not saying it's again, like again, to each his own. [02:46] Yeah, they're all better. [02:46] Images, you might want to go to Open AI versus Claude. [02:50] But when you're going to the model stack, Anthropic's got the better model stack than I think any of the frontier world. Right? Like [02:56] No, yeah, there's no disagreement. But I think I think Grock is going to make it. [03:00] If you want truth, you're going to go to Grock. If you want if you want no nonsense actual truth with no with no bias built in, Grock is the one out of the frontier ones. [03:10] I'll say this though, you the reason why I have all three, there's specific reasons why cuz a lot of these things have access to certain things that others don't. [03:21] Yes. [03:22] And you know what? I'm not going to tell you, you know why? Cuz you can go on to Amazon right now and get the million dollar AI playbook, okay, my book. For anybody who wants to get into AI at the at the most basic level, you can go on there and you can cop the book. I don't I don't got to tell you nothing on here. Let's I want to move speaking of SpaceX. Uh SpaceX wants to be America's fourth wireless carrier and telecom stocks crack. [03:54] Bro. [03:55] So uh it's going to be wild. I'm telling you. [03:57] Don't piss on Elon, okay? Don't [04:02] But they're going to try and put him in prison, bro. That's their whole game. They they're openly saying this. [04:07] We we were talking about that yesterday uh or the day before about how I think we were talking about that yesterday with Charles Hoskinson. We were talking about how they're trying to put Elon in prison, you know, openly. You know, the Democrats are openly out there saying, we well, we think he, you know, he as soon as we went back to the house, we need to go after Elon. Let's talk about Elon SpaceX. Elon who's done everything possible to create great things for Americans. Here we are. We're trying to go ahead and throw him in prison. Yeah, the logic that we have here. SpaceX is in talks to secure access to 80,000 US cells uh cell sites including with Crown Castle, which would put it on path to be the fourth nationwide carrier. Uh, obviously with AT&T, Verizon and T-Mobile. And they were down 4% pre-market. Uh, Crown Castle was up 8.6%. [05:04] Yep. [05:04] American Tower was up 6.1%. SpaceX SpaceX was up 1.5%, which I didn't want. I wanted to stay low. Stay low. 100 trillion company, stay low. [05:13] Yeah, I know. [05:15] Let me continue to buy up. [05:17] Yeah, yeah, I look, I'm I'm with you on that. Um, I want more SpaceX. Um, it actually hit, you know, we talked about it rallying to some of the areas that it actually hit. We it was a long time ago at this point. Um, although relatively speaking, it seems like it was a long time ago. But I guess it was over the summer. [05:34] I think it still goes down. I still think it goes down. [05:37] Yeah, uh below 130, um is what I would like to see. Uh, but I will actually start layering uh below 140 and I don't care what price it goes to below 140. Uh, because I just want to make sure I have long-term exposure. I don't really care. Even if it drops to like 100 bucks again or even under, I'm all the way in. I just want to see it break down 130, 140 and maybe even below 130. I am just going absolutely ape shit on it. I'm [05:50] Same here. And Landy, I I was here yesterday and either two days ago or yesterday saying, you guys are shitcoin, okay? You're waiting for some dog shit to come off of a launch pad. And you're chasing all these hopes and dreams. They're pushing out these characters I've never even heard before. Okay? Like people talking about they made $40 million and now they verified people making only $6 million. They are pushing this image to you guys. SpaceX at $150. Not financial advice, but uh which will be a 100 trillion 100% even Elon, you know, Elon doesn't really push his shit. He really doesn't. When Elon's talking about $100 trillion and we've been talking for months, if not years about SpaceX and Tesla merging. [01:57] Yeah. If these things happen, like what are you doing? I hope I hope you really love goat with a dick in its ear and an eye or whatever. Like I I really hope that it was in that very moment instead of going behind and backing a founder and a leader like Elon, that go with a with a with a dick with balls and and a dildo in an ear or whatever. I hope that that was satisfying in some way. Oh yeah, real quickly, uh And wait until Elon wait until Elon because Elon's pissed off besides somebody pissing him off, maybe from AT&T, now he said, you know what, I'm going to just start up and that was coming anyways. Starlink. It just made sense. [02:50] SpaceX is going to be its own micro index with all the different businesses he owns. You might if you have exposure to SpaceX, you've got exposure across the board to a bunch of different industries. So [03:00] He's going after Amazon next. So, you know, Jeff Bezos wanted to piss him off. He's like, okay, maybe maybe we need a competitor to Amazon now. I if I'm a business. [03:10] Look, Bezos Bezos has given money to Anthropic. So, you know, it's a competition out there, bro. [03:17] I mean, a competitor Elon, this is one thing. I would not fuck with him, man. You're going to end up selling your company to him. Like there is just by the way, the biggest one of the biggest fumbles of all time has to be uh Mercedes-Benz. Mercedes-Benz invested 4% into Tesla, okay? That wasn't like everybody thinks, oh my God, it was the it was the US government that bailed out Tesla. No. No. He number one, Elon has come out and literally if you look at tapes, he said, it was really like Daimler came in. Daimler Chrysler, who owned Mercedes-Benz, they came in. They saved. They kind of they gave him a lifeline. [04:07] Mhm. [04:07] Elon Elon paid back his loan to the United States of America and and American citizens 10 years early with interest and with a prepaid penalty. [04:19] Yeah, which is wild. [04:21] Crazy. Yeah. And when he was asked why, he said, well, you know what? I don't like debt and also, you know, we I I believe we, you know, I needed to go ahead and pay back the American citizen with interest, with a prepaid penalty. That is crazy. Yo, for all the shit look look, I get it. You know, Trump makes me laugh when he says, Elon is uh 80% genius and 20%, you know, out there. Like he does make me laugh when he say that when he says that, but every genius is 20% out there. Like every single person who has walked this planet has been somewhat kooky. Um, also leads me to but I'm telling I'm warning you guys. Don't mess with Elon, man. Just don't like even Mark Zuckerberg came out yesterday and he said that um Threads is somewhat overtaking X. Stop it. Don't don't don't don't mess with this don't mess with this cat. Uh, Trump and this is the last one leading into and we have uh James uh Fishback coming on in the next minute or two. Trump heads to Florida for uh Donald's as uh Vivek, Vivek, uh ad fight splits the GOP. Uh, Trump rallies for uh Donaldson at uh Donald's, excuse me, at 2:00 p.m. Eastern Santa Time and in Florida. Cook moved the the Florida governor's race from likely R to lean R. Um, there's a there's a question I'm I'm definitely going to want to ask James. But there's a lot of did you not laugh?

[Part 3 of 8] [David] [00:00] Today, besides this, this this this race is fucking crazy right now. But besides this, I woke up and I can't get this out of my head. I woke up today to news that Melania brokered a deal between Ukraine and Russia. [Guest: James Fishback] [00:18] I saw a little bit about that. [David] [00:21] I'm a Republican. [Guest: James Fishback] [00:26] Mhm. Mhm. [David] [00:28] You you want to laugh. And you're a puppet. [Guest: James Fishback] [00:31] Mhm. Mhm. [David] [00:34] No? [Guest: James Fishback] [00:35] Hmm? [Guest: James Fishback] [00:37] I I don't know. [David] [00:38] Well, what is that? Why why? [Guest: James Fishback] [00:42] I mean, [David] [00:43] Not why brokered the deal. I'm saying why why why why that? [Guest: James Fishback] [00:48] I I don't I don't know. And look, I [David] [00:52] Come on, laugh a little bit. Never mind. [Guest: James Fishback] [00:54] I I can't I can't laugh at that because what if it's what if it is true and everything comes together and it's because she brokered the deal? What if that is the case? What if what if that is the case? You know what the left is going to do? They'll they'll make up a story about how she sold her body to them and like they'll they'll just do some stupid shit, right? Um, [David] [01:17] But look, you mentioned that [Guest: James Fishback] [01:19] Can I sell my body to whoever so we can end the wars all over the goddamn place so we can just focus here? [Guest: James Fishback] [01:25] Um, look, I I think you brought up something about the uh, the the lean R from R to lean R. You know, I I like to call this the Wedgewood polls, um, effect. So, you remember I've told you, always check the cross tabs. And one of the reasons why I brought that stuff up is because we have your polar pollsters like a Wedgewood. For those that don't know what Wedgewood did, they are now trying to claim that this was an experiment and how you can cook the polls. But they they had completely fake polls. Yeah. Okay. And for anyone that actually believes the polls, uh, the the way that you can kind of fact check it, and this is for candidates, too. [David] [02:12] No, who the hell? Let's keep it 100 because we have over 30 seconds here. [Guest: James Fishback] [02:18] Yep. [David] [02:19] Who? I get text messages all the time. Would you want to take a poll? No. I don't even answer them. [Guest: James Fishback] [02:25] Well, that was [David] [02:26] I report it as spam. [Guest: James Fishback] [02:27] That's what Wedgewood is trying to say now. That's their defense. That's their they're they're like walking it back. [David] [02:33] They got caught. [Guest: James Fishback] [02:34] They well, it's just because they got caught. Yeah. And and here's the thing, the the truth is always in the cross tabs. And that's where you find it it one of the things about Wedgewood is there was no cross tabs to analyze. And there's a bunch of them that are like that, which tells you that you should probably be questioning those polls. You really should. [David] [02:55] You know, I'd question I question anybody who believes in the polls just because what who who who who is answering these polls, man? What? You call 100 people and three people go ahead and say, okay, and like you're not Anyway, we saw the polls. We saw the polls. And we'll let's talk about more about these polls. Uh, and we'll talk to Fishback right now. He's in the green room with no water, no no nothing. [Guest: James Fishback] [03:22] No food, no no accommodations. Yeah. [David] [03:25] Zero. Uh, Fishback who took about 10% in the primary is withholding his endorsement. I'm going to talk to him about that. We'll go ahead and have a of Byron. I'm sure. A really good conversation. [Guest: James Fishback] [03:35] I'm sure I'm sure that he's uh after that I I don't imagine he's a fan of Byron, but I I like Byron. I I think he'll do well. We'll see uh what uh what Mr. Fishback's take is. [David] [03:48] Well, I appreciate you coming on. Maybe I'll see you later today. I don't know. Rob's coming on. He's getting all political. It's political Friday. So, um, [Guest: James Fishback] [03:57] I I actually [David] [03:58] If you want to come back on, [Guest: James Fishback] [03:59] I I will I'll try. I do have to leave here in a little bit for election stuff, so. [David] [04:05] Enjoy the elections, bro. [Guest: James Fishback] [04:07] Bro, it is I'll talk to you offline about Yeah. Some of that stuff, man. But yeah, I got to go do some work. [David] [04:14] Have a great one, man. [Guest: James Fishback] [04:15] All right, thanks, David. [David] [04:18] That's uh Landy the puppet, the resident puppet. Uh, the resident puppet. Let's go ahead and bring in James Fishback. James, what's going on? Nice to see you again. [Guest: James Fishback] [04:27] Likewise, David, good to see you. [David] [04:30] All right. Um, so I I I was uh talking about obviously everything that's happening in Florida. Trump's heading down to Florida. Uh, you you want you got 10% in the primary and you still haven't endorsed anybody. Why? [Guest: James Fishback] [04:46] Well, because an endorsement is the closest thing you can get to believing in everything that that person stands for. And so no, I can't endorse either the Republican or the Democrat. What I I haven't endorsed in this race, but I have endorsed in over 20 races across my state and across the country, all of them Republicans. I was doorknocking yesterday for Attorney General James Uthmeier, Republican here in Florida. My my simple point to Congressman Donalds is this, stop insulting our voters. He had an interview with Politico last week. The interviewer asked him, what do you make of the one in 10 Republicans who came out for Fishback? And Byron Donalds's response was, quote, I don't care. End quote. So if he doesn't care about the nearly 200,000 Floridians from Pensacola to Miami, from Mariana to Pahokee, all over my state, why should he care whether I endorse or not? And so, when I say that I'm endorsing someone, that means that I agree with them on nearly everything. I stand beside them. Who I'm going to end up voting for is a matter between me and my wife because I end up telling her who she votes for and she listens. But, you know, in in terms of this election, I'm going to be abstaining and endorsing there and continue fighting for good Republicans down the ballot. [David] [05:54] You know, when the primaries were over, I thought you guys were all on the same I thought it looked like you guys were all on the same page. What happened uh from the, you know, from election night or the primary night to, you know, now? [Guest: James Fishback] [06:20] Nothing really except for the fact that he insulted the nearly 200,000 people. Of course, I called Congressman Donalds on election night. I congratulated him on his win and let him know that I'm open to working together. But working together starts from a place of mutual respect. And at the end of the day, I I made out some pretty pretty clear conditions what would lead me to endorse him. I'll tell you them right now. Number one, he has to commit to investigate H1B fraud in the state of Florida. We haven't seen any real actions taken against employers that are firing Floridians, firing American citizens and replacing them with cheap foreign labor. Number two, he has to put in place a one-year pause on any new data centers getting built. I think whether you're for data centers or against it, everybody can agree, let's just take a deep breath here and not do anything too reckless. And then the third thing was that he would stop the use of flock cameras. This is a clear violation of the Fourth Amendment of the US Constitution. It's creating a mass surveillance state that will be abused by whomever is in power. And so I stand ready to endorse Congressman Donalds. But here's what I will tell you, David. If I came on your show right now and said, David, I want to let everybody know that I'm endorsing Byron Donalds, most people, if they heard that, they said, wait, did he get the call? Why is he doing this all of a sudden? The people who voted for me, they voted for me. They didn't vote against Byron. They want to see that at least some of what brought them to the voting booth for me is going to be reflected in a Byron Donalds administration. That is cracking down on H1Bs, stopping mass surveillance, and slowing down the AI data center craziness that's taking over many rural communities in my state. And so I I'm open to that, but I'm not begging anybody to do anything. He he clearly seems confident. We'll have to see what happens. If he loses by 200,000 votes or less, I suppose that would be the Fishback voters who did not show up for him. [David] [08:12] Man, that that that a lot of voters. Uh, you say under 50 Republicans are a different party. Name that one policy that splits them the hardest. [Guest: James Fishback] [08:23] Israel. [David] [08:24] Yeah. [Guest: James Fishback] [08:25] And I say under 50 because if you actually look at the big picture. So obviously our our campaign won 10% of the vote. But if you pop open the hood, David, and you split the electorate into two groups, voters above the age of 50, voters below the age of 50, our campaign won under 50 by 13 points. If just under 50 had voted, we would have won this election by double digits. And the reason why is because my generation, people in my zip code, they're fed up with a lot of things, but Israel is the single biggest. Now I want to be very clear here, anti-Semitism should be condemned unequivocally. There's no place for the hatred of Jews in our society or in our country. But criticizing the four to five billion dollars that we send to Israel is an indictment of their government. It is not an indictment of Jewish Americans in this country. And so when I look around and I see politicians on the left and the right taking millions from APAC to send billions to Israel, who's waging a war with Iran on our behalf, that is not in our best interest. And that's what turned people out for us. And that's what it seems that the over 50 crowd is just not convinced of yet. [David] [09:37] Do you think that people are using Israel as a talking point and it's also backfiring? You know, everybody says the whole they'll say Israel, but then they'll say anti-Semitism has no place in America. But you know, like when you when you talk about Israel, a lot of people in America just connect Israel with Jewish people in America and it's automatic anti-Semitism. So like it it is a difficult subject to to actually talk about. [Guest: James Fishback] [10:07] It is difficult and I can't fix that overnight. I mean, if you and I oppose and I think we both do sending billions of dollars to African countries to be wasted on a US aid program, when we came out against that, nobody called us racist. I mean, it's technically true that Africa is full of black people and we defunded countries that were getting aid that are full of black people, but nobody turned to us and said, you're racist. Now, mind you, there were plenty of criticisms leveled against those who supported the Doj effort, who supported cutting US aid, who supported stopping the sending of money to foreign countries. But of those criticisms, none were you're a racist, you hate black people. And so I it's it's it's a shame that any criticism of Israel is now warped with a wider concern over anti-Semitism. Now, make no mistake, this is not accidental, David. The International Holocaust Remembrance Agency, which I'm sure does good work at times. I mean, I don't even studied it, but they they have defined anti-Semitism in their own way as including criticism of the Jewish state, Israel. So when you when you say anti-Semitism, when I when I say I condemn anti-Semitism, I'm condemning the hatred of Jews, attacks on synagogues, harassment of Jewish Americans on the streets, etc, etc. I'm not talking about their new definition of anti-Semitism, which is saying that Benjamin Netanyahu should fight his own wars. And so what they've done is they've they've redefined the term, kind of like how the liberals redefined racism to mean anything that is supportive of equality. And and that's the issue at hand. [David] [11:44] Well, we talked about Israel just now, so I won't uh get into that. Um, data center socialism, AI data centers are the growth story of this market. Should states stop subsidizing them? [Guest: James Fishback] [11:57] Yes. And states should stop subsidizing almost everything. Socialism is the government overplaying its hand in a free market. I don't want the state socializing a welfare queen. I don't want the state socializing a foreign country, subsidizing. I don't want the state subsidizing a data center. If you're a real free market, Milton Friedman conservative, you want the state, you want the taxpayer as far away from private industry. And the reason why is because David, if you and I put on a trade and we make money, we make the money. If we lose the money, we lose the money. No one's coming to bail us out. And when you're building a data center where a cattle pasture once stood and you lose money, you deserve to lose the money. The taxpayer does not cover your downside. And so this is the very issue of socialism is socializing the losses. Everyone covers the losses, but only the gains, the profits are accrued to the shareholders behind a data center. And so I look at data centers and say, you know what? I I can have arguments against the environmental impacts about the necessity of them. But if a data center is such a good idea, if it is so profitable, then companies will do it without getting tax rebates, without getting tax credits, without getting tax subsidies. By the way, that's not the government's money. That's you and I and everybody watching at home. We are the ones paying for that. And and that's not okay. [David] [13:22] I agree uh on that. They should they should go about it differently. Um, let's go with So, I I I want to stop here because I I do agree with So, if when I say America first, I'll I say that a lot here on on my show. I'm not taking the Nick Fuentes approach of America first. I'm saying I'd like to take care of everything here. Like us Americans, what is it? 340 million of us. No matter what your party is, Democrats, Republicans, Independents, Green Party, whatever. Us Americans, if we we could just put away our um, obviously allegiance to whatever party it is. We deserve better infrastructure. We deserve more things being done for us, better health care, better everything here, rather than sending money, printing money and sending it elsewhere. So, I don't have a disagreement on that. My biggest disagreement, my my biggest thing, I would say is people are just like there there are a lot of other things that are happening, but the the the laser-eyed vision on Israel is crazy. Like I I understand people's beef. I understand I I I get it. I'm not I'm not like I'm not a stupid guy. I can see it from both sides. I get it. But it leads to this hardcore anti-Semitism that people have been waiting, just waiting for an opportunity to just say, you know what? I can't wait to hate a Jew. That that that to me, that's that's what I that's what I honestly feel when I see the approach. Again, when you say, should we be sending money all across the world to all these different countries? I I can agree with you. It's time to cut back. I mean, what? NATO doesn't pay their they don't pay their fair share at all. A lot of these countries, we send them money, they don't care about us. Ukraine Ukraine can't find the money in accounting. The money that we sent them, Zelensky, his response was, I don't know where it is. So, I I I get that. But there I think there has to be a different way or or some sort of a different approach. I mean, look what's happening now, James. What do you think about the Democrat Socialist Party? To me, they're just a bunch of they they want to strip capitalism, which I think capitalism is great. I think if you're not lazy, you can take advantage of the opportunities in America. Is everything great? No. Is everything going to be great in any system? No. But if you're going to tell me socialism/communism is going to be great for America, my parents ran away from that place. They waited in line to get into this country the right way. They didn't jump the fence, they didn't crawl under it. Okay, they didn't sneak in, they didn't overstay. They did it the right way. I think we're if we don't get on the same page, we are developing the same monster that is taking over Europe. Your thoughts. [Guest: James Fishback] [16:24] I agree with you 100%. I mean, Democrat socialism is just a euphemistic way to say communism. That's what their end goal has always been. A flower by any other name is just as sweet. Communism by any other name is just as wicked. And what they're pushing for is wicked. What socialism in the modern day context means is is that the government has a solution to every last one of your problems. And that's when you listen to AOC or Abdul El-Sayed is that they want the government to solve your problems. Now, look, if you can't afford groceries, I don't think we should build a government-run grocery store. I think we should help you get a better paying job. If you can't afford health care, I think we should deregulate the health care system so there's fewer middlemen that are ripping you off in the middle. If your wages are too low, I don't think we should subsidize or force a higher wage. I think what we should do is confront the fact that Joe Biden and Kamala Harris let 10 million low-wage workers into our country, also known as illegal aliens, who have depressed wages in aggregate. And so the the truth is, why Democrat socialism is taking on is because they're actually diagnosing the problem. We are diagnosing. They say, hey, you can't afford stuff. Your your price of gas has gone up, your groceries, your housing has gone up, but your wages haven't gone up. They're right about all of that. Where they're wrong is the solution to that problem. And their solutions are always tax, tax, tax, more government, more government, where you're more dependent on government. And therein lies the issue. [David] [17:54] Have you spoke to Trump? [Guest: James Fishback] [17:56] I have. [David] [17:58] What are those conversations like? [Guest: James Fishback] [18:00] Well, he's a very charismatic person. I'll tell you that much. But what I've found more and more over the last year or so is that the president has surrounded himself with people who just agree with him. I I consider the president a friend, but a friend is not someone who tells you what you want to hear. A friend is someone who tells you the truth. And the truth of the matter is, I would give this administration a C+ or a B-. Yes, there have been positives. We have been able, for example, to end, dismantle the US aid program, which effectively was a money laundering scheme for the communists. Number two, we actually shut the border at a time when 5,000, 6,000 illegal aliens were flooding our country every single day. We should be grateful for the work the president has done there. But I think the Iran war, massive mistake. I think the economy is no better off than it today than it was when he took office. And so I would give him a C+ or a B- right now. And and the reason why is he has just found himself in an echo chamber of people who praise him for everything that he does. And, you know, growing up, my parents were tough on me. Yeah, they had praise for me and my sister, but they were also really tough when I was screwing up. They they let me know and I I think that I was able to improve as a result of that. [David] [19:09] What do you think JD Vance stands? [Guest: James Fishback] [19:12] I don't know what JD Vance believes, to be honest with you. He I think the latest example is with this Vivek Ramaswamy ad. It's it's a disgraceful ad. Let's be just very clear. Not only is it repugnant, but it's politically ridiculous to air an ad like this in a state that Trump won by 11 points. Vivek Ramaswamy should be running away with this race. And instead, he's running an ad that uses a woman's estranged mother. Before we get into the sexual abuse stuff for a moment. Imagine someone ran an ad using someone that you hadn't spoken to in 50 years. Why would for for for objectively, why would someone who has not spoken to you in 50 years have anything informative to say about you one way or the other, whether it's praise or it's condemnation. Then let's add that that person was your estranged biological mother who ran away with your stepfather, who was charged and indicted for sexually abusing you, assaulting you as an 11 and 12-year-old girl. And the only reason he wasn't convicted was because he fled when he was charged and so there was no trial. He ended up dying as a fugitive from justice. And so that is the context of this ad. Vivek Ramaswamy didn't run that ad because he was winning. He ran that ad because he was losing. And that ad, I think, is the nail in the coffin. Not just for his defeat, but increasingly, this is becoming a national issue. The only thing anybody's been talking about for three days now is the ad. And that's going to have implications down ballot in Ohio. You may even see some of it in Florida because now Trump is out there attacking anybody who attacks the ad. JD Vance says, not that he's disgusted with the ad. JD Vance says he's disgusted with those who are disgusted with an ad that would recruit someone's own estranged mother who is complicit in their daughter's 11-year-old sexual assault. [David] [21:09] What do you think happens in Florida? Your state? You know, obviously Trump is going down there. Trump is all over the place. You got to give one thing. [Guest: James Fishback] [21:17] You got to give him credit. He's working hard. I wish I I wish he would put the same energy into bringing this war to an end. But, you know, real recognize real, David. I I campaigned, we did 250 events. I did 16 events the day before the election. And it takes a lot. And so I commend the president for Chris Crossing. I'll tell you, he wouldn't have to do this if gas prices weren't $4.50. He wouldn't have to do this if the economy actually felt like it got better for people. And so you can put lipstick on a pig, but it's people aren't going to fall for it. [David] [21:50] What if what if because you're you're a smart guy. What if hypothetically speaking, because I I don't know. We don't know. We we we we hope that our government is telling us the truth. That that's it. Bottom line. We hope that the intel that they get is real. What if I didn't want to I didn't want no new wars. I don't think anybody did, regardless of what party affiliation. What if Iran was close to a nuclear weapon? Do we want Iran and especially the Ayatollah at that time and that regime having a nuclear weapon? They've already funded terrorism. I mean, it's been well documented. As president, would you have made the same move? I mean, knowing that they're close to a nuke. And I and I know the storyline, we went there. We we said it was done. You know, we we got them, but then, you know, eight months later, you know, full full-blown attack. I get it. But like Iran having a nuclear weapon, is that is that dangerous? Not just for the United States, but for the entire world. [Guest: James Fishback] [22:57] Yes, any any new power, especially one led by theocrats like that, obtaining a nuclear weapon is a danger to the United States and to our allies. That that's not up for debate. What's up for debate is that last summer, 2025, President Trump had Operation Midnight Hammer. And in his own words, he said it completely destroyed Iran's nuclear capabilities. So we've heard about five or six different reasons why we're at war, regime change, 75,000 protesters were killed. That's not true. We've heard about the straight of Hormuz, we've heard about Israel, we've heard. So the problem is, there's not a concrete reason why we're at war. Now, let me be very clear here. If there were intelligence that Iran had a nuke and was about to attack the United States, that's a reason. That's not a war though. That's a preemptive military conflict rooted in self-defense. And that's not exactly what's happened here. And that's why there's no real exit plan. Trump says things like, the war will end when I say it will. I mean, who says stuff like that? A war has to have a clearly defined objective. And right now, the clearly defined objective appears to be regime change in Iran. And so if you take President Trump at his word, 2016, 2020, 2024, we should stop the stupid regime change wars. This is also consistent with that. He ran on stopping regime change wars. Now, Iran having a nuke, starting a war with that, that's not a regime change war. That's a military conflict rooted in self-defense. And so there's no evidence to suggest that. In fact, all the public commentary from the White House has been that Iran is not any closer to a nuke than they were a year ago, that we took out their facilities. Obviously, they're power hungry. Obviously, from Iran's perspective, they want a nuke. I think for two reasons. Obviously, there's this hardline element in the government that does actually want to take out Israel. But I think you look at why Iran wants a nuke, objectively, rationally, the same reason that Libya wanted nukes, that Ukraine sadly gave up their nukes, that North Korea has nukes, because it's the ultimate deterrent. It's the ultimate insurance policy for a regime is that nobody invades a country that has nukes. That's why we haven't invaded North Korea. That's why Russia hasn't invaded Ukraine because they gave up their nukes infamously in 1994 with the Budapest memorandum. And that's why, of course, Gaddafi wanted nukes and then gave them up because he knew that it was the ultimate insurance policy. They would never take out a Kim Jong Un because he has nuclear weapons. [David] [25:22] I guess some I don't think these questions are hard for you because I'm sure you make the rounds here on multiple news networks. I've seen you. Uh, but do you think Israel had every right to go ahead and and attack back after October 7th? [Guest: James Fishback] [25:38] Israel has a right to defend itself. Every country has a right to defend itself. There's no question about that. The question though is where is the line between defensive action and offensive action? I'll just give you an example. Very pointedly, I'll ask you, David. After the horror that was October 7th, did Israel have a right to drop a tactical nuclear weapon on Gaza City? Just yes or no. [David] [26:03] What so this is the way I I look at it. War is war, right? For me, personally, there's a side that declared war on Israel on October 7th.

[Part 4 of 8] [David] [00:00] seven. Like if you look at it from if we if you're going to ask me, do people deserve to die? No. I hate war. I'm against war. So it's the last option. They declared war and I'm going to say Hamas declared war on on Israel on October 7th. And Israel said, you know what? You know, you declared war on us, we're coming after you. My only thing is the numbers. When when everybody talks about these numbers, who are these people? Like, were they a part of Hamas? Like and the numbers, the total numbers that keep on being pushed out, have we calculated, categorized them in terms of were these like, were there 40,000 Hamas soldiers that were killed? Or was it 40,000 just innocent Palestinians that were taken out? That's really the question. Obviously, I don't want innocent people to get taken. [Guest: James Fishback] [00:58] So every child in Gaza, I mean, 20,000 soldiers. [David] [01:01] It's horrible. It's it's terrible. [Guest: James Fishback] [01:02] But would you would you agree that every child, every child who's killed is an innocent life? Because that's 20,000 children in Gaza. [David] [01:08] Any child, any child. Any for getting even forget about even children, any human life taken out is terrible. Except though, except though, if if the person's a, you know, complete terrorist. And and is only looking to go ahead and take out human life, then then I can care less about that. But honestly, [Guest: James Fishback] [01:30] Well, that's self-defense. [David] [01:31] innocent people. Yeah, innocent people though, but innocent people don't deserve to die. Like bottom line. Like you you're not having argument for me on that. [Guest: James Fishback] [01:37] Right. And that's why that's why that's why what happened on October 7th was horrific. It was a terrorist attack. It was an awful, despicable act of violence. And that's why all of this needs to be understood first and foremost from a place of, okay, yes, any country has a right to self-defense. But we are now going on three years, over three years since the October 7th attack. I mean, in 25 years from now, David, are we going to be looking back and saying, we're still bombing Gaza and it's because of October 7th? I mean, at what point, I mean, you you understand, there there's got to be a line here, right? [David] [02:16] No, it got to come to I've said this for a long time already. It it has to come to an end. It does have to come to an end. [Guest: James Fishback] [02:23] 100%. But how many also, you know, you mentioned the children, right? How many of those children grow up within the Hamas organization? How many of them were children that were developed into soldiers? Like these are the things like like I feel like more of this is not talked about. Like, were there innocent children killed? Yes. [David] [02:44] 100%. And that is unfortunately, that is war. And I hate saying it that way, but this is war. War that was declared on Israel. Like Israel didn't declare war on anybody. War was declared on them. It was it was a horrific day for them. But again, like if you count, if you take the how much you said 75,000 people? [Guest: James Fishback] [03:04] Yes. [David] [03:05] If you take the 75, have we actually looked at the numbers and categorized the 75? [Guest: James Fishback] [03:12] Well, it it's impossible really to know. But what I'll tell you is this, is if you've got 20,000 of them who are children, who are 9, 10, 11 years old, I mean, they certainly may be indoctrinated. Let's just accept that. Let's just say an 11-year-old is indoctrinated to hate Israel. That is not a reason to kill a child. I can't imagine that Israel's approval rating is very high in Gaza right now. I'm sure everyone hates Israel there. But if you're 11, 12, if you're innocent, you're at church as the folks were who were killed in Gaza City at the Catholic Church last summer. That's not a reason. And so, yes, if you are someone who's actively engaged in conflict, if you're trying to bomb something, of course, that's an act of self-defense. But look at look at what the Israeli media and Israeli politicians are saying. On October 7th this year, they posted images, aerial images of Gaza destroyed, leveled. And their their comment on one of them was, uh, freak around and find out, right? This this idea that and and look, that that's a civilian center. That might have been appropriate, that would have been appropriate if that was a military base. Yeah, we leveled a military base. We leveled a military aircraft center. This is a civilian area. And that's where I think you have to draw the line is we are dealing with civilians in a heavily, densely populated area. And I guess the question is, where is the end? What is the and I would say the same thing to Trump, I'd say the same thing to Netanyahu. What is your objective here at this point? What is the actual objective? Because Jared Kushner has a PowerPoint presentation about how Gaza is going to turn into Singapore or Hong Kong. Well, that's interesting because Jared Kushner has pushed for the exact military operation that has leveled this area and has made it a place where you can actually develop a multi-billion dollar mixed-used residential retail hospitality facility. [David] [05:04] I I think though I I think we can all agree though that it I would love to see everything come to an end. 100%. There's no disagreement there. Uh and it has to come to an end at some point. Um, Florida. Let's get back to Florida. Who wins uh, who wins that seat? Who who becomes the next governor? Because it it looks like it's a tight race. [Guest: James Fishback] [05:28] It's a very tight race. It's a lot tighter than it should be. Mind you, Donald Trump won his race by 13 points here in 2024. Ron DeSantis won re-election by nearly 20 points in 2022. So the fact that we you even have to ask who is going to win a state where both the most recent statewide elections went double digits for Republicans is not exactly reassuring. Byron Donalds may end up eking this out, but it may be by a two to four point margin, and that I think is a reflection of the Republican establishment in Florida, concerns over affordability, AI data center, environmental, overdevelopment, etc, etc. And so, if I had to guess, if I had to bet, I would bet that Byron Donalds will eke it out, but I certainly wouldn't I wouldn't discount someone like a David Jolly. I mean, he's certainly being out-fundraised 10 to 1. Byron has $10 for every dollar that David Jolly has. I just saw this morning that Ken Griffin, who's of course the CEO and founder of Citadel, just gave Byron Donalds another $5 million. That means that Ken Griffin, a single individual, has given Byron Donalds more money than all of what David Jolly has raised. Not good, bad, it's simply an observation, but it just shows how close a lot of people think this race is going to be. You don't give somebody you don't wire somebody $5 million a week before the election because you think they're about to win. You think there's a real chance they could lose. [David] [06:47] Last question, and I appreciate your time today and the conversation. Listen, it's it's a these are tough conversations though to have. And it's not because I'm Jewish or whatever. I I can look at everything, put away the religion to the side and I can look at things and understand where people are coming from. Um, the DSA. I look at what's happening in France and I'm sure you're watching. You see France, Italy, open borders. You can see what happens with open borders. Um, letting everybody in. Countries don't even look the same anymore. Uh because if you look in the history books and then you look at the current country and the current state, two different stories. [Guest: James Fishback] [07:26] Sure. [David] [07:29] You see what's happening there. Are you scared? Or or do you have any fear that we might end up in the same place a decade from now if we allow the DSA to take power in the United States of America? Because the dialogue that I hear from them sounds fairly similar to everything that has been spoken out in France, in Italy and other countries. [Guest: James Fishback] [07:53] Yes, I am. And it's not hypothetical. It's because you and I and all of your viewers, we remember what happened in 2020. Democrats didn't condemn the burning down of a police station. They didn't tell people to stop riding. They poured fuel on the fire. Go back to Ferguson, go to Minneapolis, go to Seattle with Antifa, go to Portland with the anti-ice protesters. I fear what could happen here because it's already happened. And remember, it doesn't require politicians literally paying the protesters. It simply requires them to stand silent when their own supporters riot, burn, and commit acts of arson. And so, I fear it. That's why, David, I've been crisscrossing my state. I've been on the road, even though my beautiful wife is pregnant at home, because I want to make sure that good Republicans can win this election. I'll be spending the weekend door knocking some more. We got our all, you know, we had a massive volunteer army for my gubernatorial campaign. We've put them all to good use on other local and state campaigns. Republicans have to win, but also Republicans have to self-reflect, whether we win or we lose in 11 days. Is this the direction wants the party to go in? Because I'll tell you, I would want nothing more to come on here and tell you that Trump is going to win this thing by 10, 15 points in the midterms because we had lower gas prices, we didn't start a pointless war, and we actually delivered on the promises that were set out in 2024. This shouldn't even be up for contention in the midterms. Had we just done heck, if we had done half of what we said we were going to do, the midterms would be winning themselves, and we wouldn't need $500 million infusion from Elon Musk. We wouldn't need Donald Trump going to to states and funding campaigns. Mississippi, Mississippi went 25 points for Trump in the last election, and now it's apparently a toss-up. [David] [09:45] It's it's crazy. Just to see some of the red states, Texas. [Guest: James Fishback] [09:50] Yeah. [David] [09:51] Texas for the first time might go blue. I mean, it it is absolutely crazy to watch. [Guest: James Fishback] [09:55] It's wild. And it's two things. It is the national environment's really, really bad right now. Again, it's bad for the party in power, right? So just on a on a null hypothesis, if nothing were to happen, we know that the party in power loses about 20 seats in the midterms. That's just your default proposition. Now, high gas prices, high diesel prices, beef, groceries, everything. That adds fuel to the fire, obviously. And then the third thing is that it seems like objectively, David, you got to say that James Tallarico is a talented speaker. He is a hard worker. He is a good candidate in that regard. Ken Paxton, he's lazy. I'm not talking about his eye. I'm talking about him. He's just not someone who's fighting hard, who's actually going out there as much as Tallarico or an Abdul is. And it's crazy to think that we are the party of Ronald Reagan, that we are the party of eloquence, we are the party that really does pound the pavement. We have a candidate quality issue. We also have a really difficult backdrop issue that's not making it easy for incumbents. [David] [10:52] People that uh I'm just saying hypothetically, people have come out and like literally said things about America that would make people just go, what the hell am I watching? And yet people are like, yeah, totally going to vote for him. How how like I just don't understand that part. I I don't I I understand look, I'm hoping for I I think the polls and everything, uh you know, I don't believe in polls. I really don't. Because you question [Guest: James Fishback] [11:22] Well, because they're faking polls as they have in the last just two major ones in the last couple of months. [David] [11:28] Five people answer out of 100 and and they might be all, you know, Democrats. I mean, Republicans don't really like I know Republicans, they don't really pick up. They're not polling. They're going out to the polls the day of they they're going out to the ballot boxes to vote the day of. That's it. Like that that's that's the Republican party. To get about mail-in ballots, they don't trust any anybody. They're going straight out there and they're voting. I'm hoping that we hold the House and Senate. I I know some people want to say, and there are people out there, political influencers and analysts that want to see us lose this so we can learn a lesson from this. I don't want to learn no lessons. Because I don't want the DSA to come in and take over a group of people that hate this country. Like I really believe they do not like this country and they want to bring the UK and that UK system here to America. So I'm hoping that the red wave comes out of nowhere and just obviously we hold the House and Senate. And in 2028, everybody can make their decisions, you know, you said a lot of things that I agree with, some I disagree with, but at the end of the day, it's America. We should have the right to go ahead and have these conversations and debates, right? Kamala Harris and Tim Walls wanted to go ahead and take away that stuff from us when they were running. So it's nice to have the First Amendment along with the second. And uh, listen, I appreciate, you know, you coming on to the show. You came on to the show the first time when you were running. Um, I hope that you all, I don't know, you and Byron finally meet and y'all get along and, you know, some of your policies can get implemented and, you know, America becomes great and and continues to level up. [Guest: James Fishback] [13:10] I appreciate it, David. Thank you so much. [David] [13:12] Thank you, James. That's James Fishback. You can go ahead and catch. I have his links all up there, so you can go ahead and follow him. Give him a follow. Listen, you got to have tough conversations. That's it. Bottom line. They're not Some of these conversations, some of these conversations are hard to freaking have. By the way, I I was Always something I got caught off guard a little bit, and I'll tell you why. I'm looking for it right now. In my studio, out of nowhere. Real talk. Real talk. In my studio. As I'm and and I have my questions ready, right? And I and I want to have a good good discussion with James. A spider. I don't know if you saw it, but a spider. A spider starts coming out right in front of my face. Right in front of my face, a spider just in in spider just fucking came out. I'm and I'm dead ass. I'm looking like this and inside of me, I'm like, there is a fucking spider. It is like three feet away from me and it's like looking at me. And I'm sitting here like a professional. And I'm trying and I'm like, yo, listen, I got questions. I have I have look, look, I have questions. I I wanted to just ask him, you know, um, Well, I asked him like, uh, three or four of them. I really wanted to obviously have more conversations on Israel, um, obviously on the conflict that's happening there. I wanted to dive into a few things that he talked about, but I'm watching this spider. I'm going to keep it 100 with everybody. I'm I'm looking at this spider. I'm like, this spider is about to eat me, man. I'm not even kidding. I like on everything. This this I don't know if like at what I'm going to have to look at it. At what minute or at what time point this spider came crawling. James Fishback, Byron, you know, uh, during the primaries, it looked like they came back together. And and now you have this. We we have a lot of our own infighting. You know, Fishback says he has 200,000 plus people, obviously, 10% are still with him. If Byron Donalds loses Florida, because they couldn't go ahead and get along with each other, what a shame. I'm still looking. I I'm I am I don't know if you Hold on. Somebody got to replay the show where I'm looking up. Like there is I know I looked up or I looked up twice. I went like that. I kind of like looked up like that. James Fishback probably thought I was like, what is this guy doing? I I am I I know I looked up twice. 100% I looked up twice. And I wasn't rolling my eyes. It wasn't me rolling my eyes. It was just like, what the fuck? Yo, where is this motherfucker, by the way? Where is this motherfucker? Yeah, I look, obviously at the end of the day, I think Byron will win. I'd love to get Byron on the show. We'll go ahead and maybe we'll go ahead and make that happen. Since James is on, we'll bring Byron on. We'll go ahead and have a conversation. James Fishback gave the Trump administration a C+. Look, the biggest thing that people will have about Trump's administration right now, and this is what I've said for a while. When Trump got into office, it was full steam ahead, man. It was like, we we were getting shit done. EOs being signed, every things were just getting done. And then obviously the the war in Iran. The war in Iran really put a halt to everything. Now, again, my question is, does Iran deserve a nuclear weapon? Does Iran deserve a nuclear weapon? Like, could you guys see Iran having a nuclear weapon? Now, if you can, if you think that it's okay that Iran has a nuclear weapon, Iran who has supported terrorism all across the world. I think that's nuts. I I mean, like, do I want to go to war? No. Do I want Iran to have a nuclear weapon? Absolutely not. Iran with a nuclear weapon is devastating for the entire world. It's it's crazy. It's worse than North Korea. I think you can actually talk with North Korea versus Iran. Iran ain't going to talk to you. Iran If you say one word, you know, imagine these people are willing to kill themselves. Like they are willing to kill themselves. They don't care. And I think people don't understand that. They are willing. They're willing to give up their lives for the cause. My thing with Israel is this. You you guys are if you guys have tuned into this show, you guys know where I stand on this entire war. Look, Israel, let's call it for what it is. Israel was attacked on October 7th. The so like without let's sit here real quick. Let it marinate. October 7th, Israel was attacked. One of the worst attacks ever. What are they supposed to do? You attack Hamas knew that attacking Israel would give off this type of response, right? Hamas had to know this. Hamas don't care about his people. And why is anybody scared to go ahead and say that? It's crazy. I get it. Anti-Semitism. You hate it you hate Jews. I get it. Right now, I get anti-Semitism I get anti-Semitic comments all the time, okay? I deal with it. It is what it is. It's like it doesn't even It's so watered down, it doesn't even mean anything. Are there things that I don't agree with in terms of putting policies into place if somebody says something about Israel that they they get arrested and punished? No, I don't agree with that. You're allowed to criticize anybody. We're in America. You're allowed to criticize We criticize America. We criticize our politicians. We can criticize anybody we want. So like I the one thing I don't agree with is, first of all, that's bad for Jewish people. I'm going to tell you right now, it's bad for Jewish people. Some of these things that are that are put into place, that's bad. It's not good because then it makes people hate us more. Doesn't make people love us more. It makes us it it grows the anti-Semitism. I've always been against like, hey, Everybody puts on their pants the same way, one leg at a time, man. I'm fair. There's one thing that nobody can't say about me. And that they can't say that I'm not fair. I'm very fair about this stuff. Really fair. But October 7th happens, right? Here's October 7th. A country is attacked. People are absolutely killed. Like tied to trucks, dragged in in in the streets. Women are brutally beheaded. All this stuff happens. Nobody really wants to talk about it. It's like, okay, so they got Yeah, okay, a country got hit. A country got hit by a terrorist organization. And there are people that actually support Hamas. That's the craziest part. They support Hamas. So what do you expect the country to do? What do you expect the response to be? I mean, America responded when we got hit, right? When we got hit Pearl Harbor, we responded. 9/11, we responded, right? Like when our country was attacked, we responded. What do you expect? What do you expect them to do? What do you expect Israel to do? Just take it? Just allow Hamas to go ahead and do what they do? Hamas, which is an organization that is funded by Iran. Which brings us back to Iran. Iran funding terrorist organization across the world. So we're just supposed to okay, let it be? Do do the question is, do you want to see children dying? No, no, who the hell wants to see kids dying? Who the hell is in support even human life in general, who wants to see human life taken? Nobody. No sane person wants to see people die. Like I like I like I'm sorry. Like no sane person wants to see innocent people die. If you do, you're you're absolutely you need to seek therapy. If you're out here and you actually advocate for innocent people dying, you're you're crazy. But look at my whole thing, nobody can ever answer this question for me. If you want to say 50,000 or 75,000 people where have been killed since this war, tell me who they are. Because no doubt about it, innocent people will die in war. So like, when we have these conversations about innocent people dying in wars, yes, that's going to happen. Innocent people will die. It's unfortunate. Innocent people will die from both sides. It's not just one side, it's both sides. Again, when you ask me this question, you got to now we got to dig into the numbers. How many of these people were a part of terrorist organizations? How many of them were Hamas? How many of them were were kid soldiers? Nobody wants to kill nobody wants to actually look at it from that standpoint and say, you know what? Shh, I mean, 50,000 50,000 of them were Hamas. People that supported and saluted Hamas and were out there saying like, you know, death to America, death to Israel. Nobody wants to talk about that at all. And then we have Americans who don't know where Israel is on a goddamn map. This is this is the this is the finest moment for for the people in America. The liberals that are absolutely do not know where Israel is on a map, don't know where the Middle East is, okay? Don't know what what continent it it resides on. And they're telling you they're out here protest they don't even know what the fuck they're protesting. Does anybody talk about how Israelis and Palestinians have always got along? Because you haven't lived in Israel to see it. This is mark my words, replay this show.

[Part 5 of 8] [David] [00:00] as much as you want, clip it up. This is, this is all done. This is the, this is all being done. And this is a part of it. It's an ingredient to now psyop a lot of people into hating Jews. Anti-Semitism at an all-time high, political points in America for the DSA. See, look, because again, anti-Semitism has is at an all-time high. Nobody likes BB, right? Nobody is through with BB. So you have this happening. And now the psyop is to bring in people like Mandani, El Sayed, the DSA people, they're going to use, they're going to use this, okay? Because they don't really give a shit. They're going to use this though, because you guys have no clue about the region and what goes on there. You haven't, you haven't ever left your state. And you failed history. So, they're going to use this situation. They're going to get themselves into office because they'll have gullible liberals out here because it's always the white liberals that are out here champing for everybody else's goddamn culture. Not minding their business on anything. They're going to vote this in. You're going to see, God forbid, hey, listen, I'm giving you what, what I'm watching. If you vote in El Sayed and all these people, look at Minnesota. Look at Minnesota. Look at Minnesota. See, the thing, fuck it, I got a microphone and I got a camera. And you know what? I'm going to speak my truth because I'm allowed to. Just like everybody else is allowed to. I'm allowed to also. They want to frame it as when you speak like this, that you're racist. That it has something to do with you being racist. That's why there are a lot of intelligent people that are sitting out there that want to say what I'm saying right now, but won't say it because they don't want to be deemed racist. When in fact, what we're talking about, there's nothing racist about it. Nothing. This conversation, me saying that what's happening in the in the Middle East, what's happening in France and Italy, that I don't want it here, is not racist. That America was founded on Christian values, is not racist. There's nothing racist about it. It's the truth. That's not putting down anybody else or any other religion. It's just like, it is what it is. But somehow, this is racist. And if you talk like this, they try to cancel you. Cancel you for speaking the truth. You know, there are a lot of great Christians. I have a lot of great Christian friends. A lot of, most Christians are great, but then you have the fanatics. And everything, I think every religion has its own fanatics. What do you think happens? What do you think happens? I just, I'd love for somebody to answer this question for me. Once they're done with the Jews, okay? Once they're done with the Jewish people, let me, let me, let me put this out to you guys. Once they're done with the Jewish people, who do you think's next? Who do you think's next? It's a very simple question. You, you guys want to go on social media, you want to go on social media platforms. There's anti-Semitism on every single one of these platforms. It's on X, it's on Threads, it's on Reddit. You can go wherever you want and you'll find anti-Semitism. Okay, the Jews are at fault for everything. Listen, the Jews are never going to beat the allegations for what happened with Jesus. That's it, bottom line. Let's call it for what it is. The Jews are never going to beat those allegations. It will forever be in people's minds, not the Romans, but the Jews went ahead, did that to their fellow Jew. That's it. That's what it's going to be. That's why for, for as long as we've been on this planet, they try to just absolutely get rid of Jews. That's it, bottom line. And this is not a victim, this is not a victim act or victim conversation. No, it's just the truth. Look at history. Slaves in Egypt, Germany almost finished us off. There's nothing that I'm saying here, like it's all factual. It's all factual. Everything, the Jews, the Jews and and and people say that, well, why did Jewish, Jewish people get kicked out of every country? Again, we are to blame for everything. All of the problems on the planet, the narrative is, it's, it's the Jews' fault, right? Okay. What happens? What happens? My, my question is very simple. What happens once you, once it's not the Jews' fault? Once, once they, once the people in power get their way with the Jews, who are they coming after next? You think they're not coming after Christians? You think they're not going to come after Catholics, right? You really believe that the Christians are not next or the Catholics? You are crazy. That's because you have not lived outside of the United States of America. And that's bottom line. And there's nothing racist about it. Zero, nothing that has been said here is racist. There's no bigotry, no, nothing in this conversation. The fine talk, thinking that your, thinking that your religion isn't next is crazy. Charlie Kirk knew that. Now, I also agree with Charlie. Like, not everything is anti-Semitic. Not everything is anti-Semitic. Just because somebody has a a different point of view on something, when let's say if it comes to Israel, not everything is anti-Semitic. Hey, I just, me saying, let's say, I don't want to send funding to Israel is not anti-Semitic. And that's just an example. I'm just, it's, it's a, it's a hypothetical. Me saying something like that doesn't mean I'm anti-Semitic. That's not what it means. It means I have an opinion. That's it. It means I have an opinion. Which I'm entitled to, right? I'm entitled to an opinion. It's, you know what the crazy, the crazy thing about our world is? Everybody's entitled to an opinion. You ever, you ever watch, like, somebody will say something, like, like, I'll talk about myself. Somebody will say something about me. But it, when, when I react, oh my God, see what he's doing? So you're entitled to an opinion, but I'm not. I'm not allowed to, I'm not allowed to counter, I'm not allowed to voice, I'm not, I'm not allowed to have a a a debate with you. See, if you want engagement, all you have to do is talk about Israel, how you don't like Israel, how you, hey, throw in a little bit of anti-Semitism and you're all good. You'll get millions of followers. I'm telling you right now, go try it out. You go ahead and you, and you say that you don't like Jews, you're, you're getting a a massive amount of following. Bottom line. I've had debates with so many people. Debates about this topic. And I always, most of the conversations I always leave with the person saying that they really didn't understand, really, they didn't really do their research about the topic. They just saw it or saw pictures of it and they based their entire thesis on it. There's racism everywhere. There is absolutely racism everywhere. Everywhere you look, there's racism. But the uptick in anti-Semitism, it's, it's up. It's absolutely up there. And then they'll say, well, you're playing victim. No, I'm just saying that, look, look at the remarks. Like, there's, you know, and and and the, and the line that I hit, you know, James, uh, Fishback with was, and it's the truth. There has to be a way you explain. There has to be a way that you explain your view on Israel. Like, if you don't want America to send money to Israel, that Israel then uses to buy weapons from American companies. There's a way to go ahead and and go about it. Like, there is a way to go, hey, Israel, I don't like BB because I don't like his policies, I don't like. But understand that Americans, most Americans respectfully have not left this country and they have not left their state. And they watch mainstream media. And this is where I start laughing when people say that the Jews own America, that the Jews own mainstream media. If the Jews owned America or they ran America, okay? And if they own mainstream media, do you think they would allow, like, think about it rationally. Do you think they would allow the stuff that's going on now to go on? It's crazy to listen to, like, it's crazy to listen to people speak. Like, if I, if I am Jewish and I'm running mainstream media, I'm not letting anybody just go out there and just be anti-Semitic. Like, what are we talking about? Jews run America. Well, then if the Jews run America, they're doing a bad job with this anti-Semitism shit. I'm telling you, you, you even have self-hating Jews. Dave Smith, right, the comedian? That dude knows exactly, all these people, that's, that's why I like, when I watch, when I watch some of this stuff, when I watch some of these political influencers, and they're on a mic and they're talking about issues, yet they've never been to Israel. They never, they've never talked to a real Israeli or a real Palestinian. They, they've never had these conversations. I, I laugh. Because I know exactly what they're doing. First of all, half of these people weren't notable until they started talking about it. They knew exactly where the engagement was. Like, all you have to do is, what's trending? Anti-Semitism in Israel. Boom. Got it. This is my new talking point. I'm reinventing myself. That's it. That's bottom line. Oh, David, don't speak like this. You might, you know, some people might not want to come on your show. Well, then some people don't know how to go ahead and debate as adults. Some people are in their feelings and they've never been, like I said, out of their goddamn state to go ahead and have an opinion, okay? I can at least go ahead and have an opinion on this topic. Again, I don't like war. I've already said that. I've made that statement multiple times. I don't, I didn't like, I don't like war in general. War should be the last, last, last resort. Period, because it puts our armed forces in harm's way. Our, our brave men and women have to go out there and fight. I don't want to see that. They got to fight wars for, like, you want to fight a war, you go get dressed up as well and go fight that war. Let, let's, let's bring, you know what? Let's go old school with this. You want to fight a war? I want you to get on that horse like Alexander the Great. All right? You want to fight these wars? You get out there on the battlefield and you fight along with the brave men and women. That's what I would love to see. You know what would happen? If it was, if it was written that you would have, if the leader, the commander-in-chief or the leader of any country that, that they would have to go out there on the battle lines, we would have no wars. It's easy though. Hey, it's easy, it's easy to, from all sides, from Russia, Ukraine, all these, it's easy to fight these wars. You're not in them. Prove me wrong. We're, we're, Putin, Putin's on the front lines? No. You got, you got right now in Ukraine and Russia, you got, you got two armies that are so depleted that you have regular people, people that don't know how to fight, fighting. I know what I say here is my truth. People can fact-check me, but at the end of the day, the questions that I'm asking are real. Tell me about, give me the real stats. You know, if it's 75,000 people, give me the real stats on the 75. Tell me how many of them were Hamas or from, uh, I don't know, Hezbollah, whatever. Tell me, I want to know every single person. I want, I want to literally know, I want you to go ahead and lay it out so we can then look at the real, we can look at real data in real time and say, okay. You know what's crazy? We talk about, so with Iran, we, we, we talk about what's happening in the Middle East, Israel, you know, Gaza. We, we talk about that a lot. Why don't we talk about Iran and the 50,000 plus innocent protesters that were killed? Like, do their lives not matter at all too? Is it just not a good talking point? Like, I sit back and I think, like, is that not a good talking point? Like, that, that situation, innocent people, 90% of the people in Iran hate the current regime. They, they want to be freed. For the last 47, 48 years, they've been stuck living oppressed. Innocent people dying. If you look at, if you look at their country, Iran, before the Ayatollah, and then an entire regime took over. It was a beautiful country. America, wake up. Make sure that you, make sure you look at Iran before the Ayatollah took over. Okay? Go look. Beautiful country. Beautiful country. People living life, loving life. Go look. I love when people say, you know what, when people say, history won't repeat itself, or it'll never happen. That's scary when people say, it'll never happen. What are we talking? It'll never happen. Okay. It's happening. It's not, it's not, it won't ever happen. It's slowly creeping in. Look at these politicians. A lot of them have switched to the DSA. They're like, yeah, we're, we're democratic socialists, which is really just communism. It, it is wild, man. It, it is, I, I got to say, it is absolutely wild. You know why? Because I can watch this. My parents ran away from communism. I know everything about communism. And socialism. I was born in America, but I know everything about that shift, Eastern Europe. Boy, oh boy. Everybody, everybody tried to get out of there. And you want to bring that to America? America, one of the, the, one of the greatest countries of all time. You want to, you want to change it all up. You guys don't know what you're doing. I, I don't know what is happening in these institutions or in these colleges or universities. I don't know what liberal is teaching these kids about life because I know that a lot of these kids, and there's been a lot of stories, they were great kids and then they go into college and then they, they change, the whole personality changes. The whole outlook on life changes. They, they become protesters. They literally get out of these universities and they become protesters. Big-time protesters. Paid protesters. What's so wrong, what's so wrong about asking people for identification when it comes to voting? I'd like to know, I will love somebody, you know what? I should do a call-in. I will love somebody to call into my show right now and tell me what is so bad about asking for identification when voting for some of the biggest elections in our country. They ask us for ID to take a book from a library. You, you understand, you have to show ID. I'm going to give you, I'm going to give you, I'm going to, I'm going to blow your minds right now. When you go to a public library, they ask you for ID in order to go ahead and take that book. Yes, you got to show ID in order to get a book. You got to show ID to buy liquor. You got to show ID to buy cigarettes. Shouldn't, hold on. I, I just, because I might be the one who is not smart here. But shouldn't it be the American people that vote? I'm just, I'm just going to put it out there. Shouldn't Americans be voting in American elections? Or can anybody just vote? I, I'm, I'm, I'm curious to, I'm trying to figure this out. I thought American citizens should be voting in American elections. I didn't know that anybody could just go to the ballot box and vote. I thought you had to be born here, or if you came here, if you immigrated to America, and you got your green card and then you got, obviously, your citizenship. I thought it was Americans that were supposed to vote in American elections. Apparently, I'm wrong. You imagine you're fighting with me about a, well, no, I, well, people who are, are that aren't documented should be able, what are you talking about? That is like saying I can go vote in Russia, or I can go vote in Cuba, or I can go vote, I don't know, in any other country. I can go vote in Poland. When Poland holds its elections, I can go over to Poland and vote. Do you understand what I, like, is it getting through to you? Like, what, everything that I'm saying here, am, am, am I wrong? Could you go as an American to a different country? Could you go to Mexico? For, could you go to Mexico and vote in a Mexican election? Could you go to Canada and vote for the next prime minister? No. Wow. Common sense. Common sense just hit. Crazy. I'm still looking for that spider, bro. Common sense. Who would have thought? Common sense. Common sense is not so common.

[Part 6 of 8] [00:02] Common sense is not so common. It's crazy. [00:11] Nothing that I just said, nothing that I just said. [00:22] Nothing that I just said was off. It wasn't. [00:30] Now I'm going to be touching myself. Relax, no diddy. [00:35] Thinking that this thing is maybe crawling on me. God damn. [00:53] I don't even know like what is this. [00:58] What is [01:03] What is this? [01:13] Welcome to the [01:19] What happened? I got taken off of TikTok. I wouldn't be surprised. [01:25] So, I think I solved the voter ID situation. I think the way you present the voter ID situation is it's very simple. If you're if I'm the president of the United States of America, I'm holding a I'm holding a special press conference and I'm addressing the American people. And I would say, guys, [01:46] I don't talk like a regular politician. Okay? [01:50] This is the way I speak. And I want to have a conversation with everybody. That's how I started off. My American people, I just want to have a conversation with you guys, okay? [02:01] I just want to have a conversation. Here's here's what I want to talk about. [02:06] If if you went to Poland, would you be able to participate in their elections? If you went to Russia, would you be able to participate in their elections? If you went to Canada, would you be able to vote for the next Prime Minister? Would you be able to do the same thing in Mexico and vote for the next president? [02:25] The answer clearly would be no. [02:30] If you are not a citizen of that country, you have no right to vote. Wow. So it brings me back to you, the American citizen. If you're an American citizen, you have every right to vote. [02:43] And you should vote. You should go out and vote to make sure that your voice is heard because people have died to make sure that you can go out there and you can vote because your vote does matter no matter what you think. [02:58] When I say here in America that people who aren't Americans, people who are not who aren't documented here should not be voting and that we should ask for ID because I'm pretty sure it happens, you know, elsewhere. I don't think what I'm saying here is crazy. [03:17] And I'll give you examples of why it's not crazy. When you go to the library, and I'll say this again, they ask for ID. When you go to the gym, they ask for ID. When you go get liquor, I don't drink liquor, but when you guys go drink liquor, they ask for ID. When you go to a casino, they ask for ID. [03:35] When you book yourself into a hotel, they ask for ID. [03:42] If you're in crypto, when you try to make an account on Coinbase and buy wherever, you get KYC, they ask for ID. [04:13] Notary. You get a notary done, guess what they ask for? An ID. [04:19] When you get a notary done, they want your driver's license. That's your ID. [04:25] And there's nothing racist about it. [04:30] So when I hear people talk about, oh, they're asking me for ID or that it's going to cost me money to get an ID. What are we talking about? [04:43] It's going to cost me money to get an ID. Just asking you to show your ID. [04:51] Same ID you show at the liquor store. [04:58] You buy cigarettes, ID. [05:02] Except the craziest part, you show ID for everything in the United States of America except for our elections. [05:17] Make it make sense because it doesn't make sense. And we can't get Congress to pass voter ID because of semantics and who knows who's paid off and who who even wants to unwrap that shit. [05:48] When you go get a job, by the way, [05:58] When you go get a when you go get a job, by the way, just want to put this out there. When you go get a job, guess what they ask you for? ID. If you go work at IHOP, McDonald's or wherever, [06:13] They ask you for ID. You need to provide ID to your employer. [06:21] Employers need your ID. [06:31] Are they racist also? Is your employer also racist because they're asking for ID? This is what I there there is no way. Democrat, Republican, independent, I don't give a shit what party you're affiliated with. There is no way what I just said doesn't make sense to you. [06:58] The reason why it is an issue is because you have undocumented individuals in the United States of America. [07:08] You have undocumented, I'm going to say this again, undocumented individuals in the United States of America that are coming here and they are voting in our elections. This has all been done calculated on purpose. [07:33] All done on purpose. [07:37] If they would have had their way, they would have continued to let in undocumented individuals from both Canada and Mexico into this country and put them in red states and they would have made sure that the Republicans never won an election again. Matter of fact, they would have just made sure that this country would have been run by just one party and one party alone. It would have just been the Democratic Party, the blue party that runs this country. It would have been basically a dictatorship. The dictatorship that you guys go out and you march for and you call Donald Trump the dictator. No, no, no, no, no. You've not seen dictatorship. It America would have turned out to be exactly what you're protesting about. But you're protesting about it for the wrong side. Because if they would have got their way, it would have been cooked. Guess who saved America? If you kind of think about it, [08:44] Joe Biden saved America from going that route. Because Barack Obama never ever would have endorsed Kamala Harris. Guess what Joe Biden did to go ahead and say, go fuck yourselves for taking me out of the race. For making me bow out and not allowing me to run for a second term. Kamala, go get her. Go get him, girl. [09:13] That's exactly what he did. [09:17] And not a single person in the goddamn Democratic Party want a Kamala Harris running for the President of the United States of America and it has nothing to do with her being a woman. [09:30] Because everybody was behind Hillary Clinton. And it has nothing to do with her race or color. [09:44] Joe Biden messed up, absolutely messed up Obama's plans. And every one of those elites, they fucked up their plans. Now, somebody's going to hit me back and say, yo, Dave, wasn't Obama the one who threw out the most undocumented individuals in the United States of America? Yes, absolutely. [10:10] That's all a psyop though, too. [10:17] And don't get me started again on how Obama and Clinton talk. Because if I gave you a script, if if I held out the names and I gave you a script, you would have thought it was Trump, but it was really Obama and Clinton or the Clintons talking. [11:03] You have mayors that will not march in the Israeli parades, that we had the Israel parade that we had here in New York City. Okay. [11:25] You know, you know what I find funny? I I find this a bit funny. You have [11:35] God bless, you know what? God bless you can love whoever you want. [11:45] I'm ripping the bandaid off. This is crazy. Um, New York City, you have [11:57] let's put this in perspective. let's see if we can get common sense answers. [12:07] You have children that are brought to pride parades with individuals that are absolutely naked, dancing around Washington Square naked in front of kids. [12:30] Not a single person is arrested. [12:36] Not a single person is arrested. [12:41] So you have a you have little kids that are brought to an event with grown adults butt ass naked. [12:54] Butt naked. [12:56] This is factual. You can look it up on YouTube. And they're dancing around [13:05] with their balls hanging out in front of kids, little kids. [13:11] Nobody arrests them. Nothing is done. Could you imagine, [13:19] which would be sick, too. Could you imagine [13:26] if it was a straight dude doing this shit, they'd be locked up for 20 years and good, too. [13:41] I know that I'm saying things that you know are facts. You know, at least if they're besides them being facts, that my opinions are on point. You can't say them or you're scared to talk about this because of the repercussions that you might be canceled because you say these things which are absolutely normal. This is not racist. This is not bigotry. This is none of that. This is common sense. Just like the WNBA, it took them six months to finally say that only biological women can play in the WNBA. That's common sense. [14:30] That men, biological men can't participate in women's sports. It's common sense. You imagine women have worked their entire lives in whatever sport it is to compete, be competitive against their fellow woman. Only to have a dude who is ranked 450th or 500th in the world in swimming just to change sexes and compete in women's sports. That is not right. Like what I'm saying is there's no bigotry here. It's just common sense. You know what? You want to compete, you feel like, you know, there's nothing you you reach a certain age, like I said a few days ago, or I've been saying this for years, you get to the point where you're 18 years old. When you're 18 years old and you feel like transitioning, you feel different, do your thing. [15:31] Young kids are being mutilated. Like they're not developed yet. They don't know they don't know better. You guys who are probably watching me right now in your 30s and 40s, I'm pretty sure I'm pretty sure that you've picked up a Barbie. [15:53] I'm 100% sure you've picked up a Barbie doll once in your life. [16:00] Back then, three decades ago, your parents didn't rush you to the doctor to go ahead and change or transition you into a different sex. No. They didn't do that. Now, as soon as people see it, and I've seen this on TikTok, as soon as people see it, as soon as people see it, parents see this, they rush their kids to the they're transitioning them. It's crazy. [16:29] It's absolutely crazy. [16:35] It's wild. [16:41] Like I said again, there's nothing wrong with transitioning. You're 18, you're an adult, you could do whatever you want, you can love whoever you want, it really doesn't matter. [16:52] It doesn't matter. [16:59] But let these kids grow up. And then the state, the state takes it into their own hands. There are states that are taking it providing the money, providing taxpayers' money to have this done. This is common sense that's speaking right now. Hello, how's it going? This is all common sense. [17:22] Not racist, not bigotry. [17:28] Marry whoever you want. Marry the same sex. It doesn't matter. Your personal life does not matter to me, personally. [17:38] Don't all I've ever said, especially on these programs, just don't push it on me. Like I don't care what you do in the bedroom. I don't care what you do in the bedroom. That is up to that is on you. That is your life. If we're competing in sports, if we're on a podcast, if we're at a I don't we're there for a specific topic. We're there to debate, we're there to go ahead and converse, we're there to go ahead and provide value. I'm here to provide value and provide my takes. I don't care about what you do in the bedroom. [18:13] I don't. I don't care. I don't care if you're a Democrat or Republican. I don't care I don't care who you're voting for. I don't I don't give a fuck. [18:27] You want to publicly make it known and want to have a debate? We can have a debate. But ultimately, I don't care who you love, man. [18:43] When when our country has been through this, when when this virus has been put into place and it's been around for over a decade, it's hard for people to comprehend the facts. That's what it comes down to. It's really hard for people to comprehend what is fact and what is really common sense. You can't rewrite science. Like you can't I I saw a TikTok with a woman saying that 2 + 2 doesn't equal 4. It's racist. Like, do you understand it is gotten so bad. It's like it's it's it's mental illness. [19:30] It is really that. It's that. It's like it's mental illness. Like there is science. There is science. Period. [19:44] So when I say I do not want to see America become the UK, England, Australia, like France, like Canada, respectfully, there's Alberta still sane. But like [20:03] I'm not saying anything wrong. They're using, I'm telling you, they are using Israel. You you will remember this tape. I promise you, you will remember. For anybody who is here listening, they will use Israel and they are using they're not they're not they they will, they are using Israel. [20:27] To go ahead and get in here and to change America. And you should be really scared because like I said, after Israel, after the Jews, who's next? [20:42] After the after we're done talking about Jews, who do you think is next? [20:48] Let's talk about the Christians. Let's look at the Torah and the Bible. [20:54] Let let's look. Oh my God, this looks similar. [20:59] This looks really similar here, man. [21:06] We should start talking about this. [21:11] That's when the Christians will wake up. Oh, shit. [21:19] First it was the Jews, now us? [21:33] You know what happened? You know what with um, at the end of the day, these things need to happen. And I can't even wish for that either. But unfortunately, things need to happen in order for them to see people to see it and open up their eyes to it. And that's the crazy part. Like somebody's saying like, yo, I have experience in this. Like I know what's happened. Like France has given you the experience. [22:01] Europe has given you the experience. Europe has literally has shown you what happens. [22:08] Oh, it'll never happen here. It'll never happen in America. [22:15] You don't even care to look. I I we don't even care to look over there. [22:20] It'll never happen here, right? Never happen. [22:24] And then it happens. And then it happens. [22:31] Oh, man, welcome to the breakdown. [22:40] Welcome to the breakdown, man. Welcome to the breakdown. [22:45] You know, it just it's to me it's just mind-boggling, that's all. Like I I sit and I watch and it's just mind-boggling to me that this is even a discussion or debate. This should be no debate at all. Like this shouldn't even be a discussion. This should be like, hey, like this is common sense. Yeah, I agree with David. Even you might not even like me. You but you can look at this and say, you know what? I do agree with David. Like he does have a point. Like this is common. What he's saying is common sense. It's like it's what he's really talking about is straight up common sense. That that's all he's saying. [23:18] I might not like him. I don't like David, okay? I don't like his program, I don't like the breakdown, I don't like I don't like his hair, I don't like his eyebrows, I don't like his white teeth, I don't like his green eyes. But what he's saying is common sense, man. So I I can't disagree. Right? I can't disagree with him. [23:44] Recapping the week, uh, real quick. As I said, uh, we're going to go back and forth, back and forth. You have people that are selling, you know, selling Bitcoin because they want to get out of it, they don't understand it, okay? And this is what I mean about the institutions, though they are great at marketing, they still don't understand crypto the way we understand crypto, they don't understand Bitcoin the way we understand Bitcoin. So when they explain it to customers or their clientele, when and people have gone into Bitcoin and then Bitcoin drops, they don't get it. They're familiar with precious metals. [24:30] You get where they're going. [24:35] They're trying to get out and they're trying to get into things that they're accustomed to. [24:40] So it's all about value and education and breaking down Bitcoin correctly so people understand that Bitcoin is a generational asset. So right now, for a lot of people, it's an if you have liquidity on the sidelines, it is an opportunity for you to get in. [24:56] Up to you, buy, sell, your choice. [24:59] Somebody over here says, record diesel, 236 days in Iran, no end in sight, 21 US casualties, 10K more troops. Trump pledged to end Russia, Ukraine war day on day one. It's day 6 639. When does cheaper gas and groceries begin? So we had, before the war, let's go ahead and uh just rewind real quick. Uh, Ukraine, Russia, difficult. You won't understand Ukraine and Russia. You don't understand the mindset of an Eastern European. They don't give in. Doesn't matter if it's Trump or Jesus, they won't give in, okay? So let me go ahead and just tackle that real quick for you, okay? [25:45] But before Iran, [25:50] record low gas prices, diesel, grocery prices were down. So let let's let's just say when the war with Iran began, the real war, that things went up, okay? Then that I'll agree with you. Do we need this war? I'd love to see it come to an end. But do I want to see Iran with a nuclear weapon? Hell no.

[Part 7 of 8] [00:00] [David] But there's a lot of things here, complicated things here. Stray, they're closing down the. They can close down the stray without the US attacking. [00:09] Now what? Trump's fault? No. Iran does what Iran wants to do. You don't know how far along they were to go ahead and develop a nuclear weapon, and at any time they could have closed the stray and started charging, you know, companies $2 million to pass by. Now what? Who's fault? Trump's? Trump's at fault for anything. Even when he gets things right, he's at fault for it. So it is what it is. This is the state of politics, okay? It's human, it's human nature to not like somebody, okay? You don't like his hair, you don't like the way he dies it, you don't like the tan orange man. I get it, whatever. You don't like Republicans, good for you. Gotcha. But at the end of the day, you should be rooting for the for the American people at the end of the day. You you should be rooting for America to win. [00:54] I don't give a fuck which party it is. As long as you're about America. A lot of these people that are trying to come in, trying to get into a Senate seat or a house position, they ain't about America, okay? They're a part of the plan to take over America. And that ain't tinfoil hat shit either. Go ahead and look at fellow countries, fellow alliances that we have. They're crumbling. France is fallen, okay? Let's let's let's not start. I I I know not everything's good, but but not everything's bad. [01:24] Anyway. [01:26] Anyway. [01:28] As I said, crypto is an opportunity. [01:31] Money will flow here. I I do believe so. I believe wholeheartedly, money will flow. You will have a ton of liquidity that pours into the crypto space. It'll be a grand old time. If you are not studying AI, I don't know what to tell you. I brought on so many AI people onto the show. People that are running companies, that are building blockchain specifically for AI. I've brought on everybody possible to talk about AI, to provide you with value, so you can be ahead of the game because nobody is taking it seriously right now. It's the same thing like Bitcoin 2010, 11, 12, 13, 14, 15. People didn't take it seriously, okay? A lot of people didn't. But you guess what? 5 to 10% did. And those 5 to 10% are sitting pretty well. Think about this. You learn AI, you're going to be ahead of the game, you'll probably be a multi-millionaire, 100%. Forget about just crypto. Now you got AI. You're going to have two industries, two industries that will potentially allow you to become a multi-millionaire if you decide to go and learn and research on your own and not blame anybody, okay, for your shortcomings, okay? If you don't, if you once you stop blaming everybody, okay, and you start taking this shit seriously, you'll start winning. Continue to blame people for your losses, you'll be you'll 100% continue to go towards the direction of a shitty route. That's it. Surround yourself with great value, surround yourself with great people and you'll do amazing. [03:15] You'll absolutely do phenomenal. [03:19] And as for politics, November 3rd is around the corner, man. [03:25] Make sure you vote correctly, man. Make sure you're bottom line, make sure you're voting for America. [03:32] Make sure you're voting for America. That's it. [03:37] You've seen what's happening in other countries and you've even seen what's happening in this country. Minnesota. Go look at Minnesota, man. Nothing racist about saying go look at Minnesota. It's a problem. [03:51] [sound of knocking] [03:56] And the biggest thing that I really wanted to talk to everybody about is I think, I'm not I'm not saying memes are going to die. I think the real memes will exist and I think that the real memes will do well. [04:14] I see a transition and I'm preparing for it too, a transition into tokenized stocks. I see a lot of people that will shift into tokenized stocks. 100%. Because a lot of people are just absolutely dead tired of the current situation in the memes. And and respectfully, the memes were like a middle finger to the establishment. But with everything that's gone on with the launch pads, with all this bullshit, the only people that are making money are the launch pads. And that's it. It's not the people, it's the launch pads and whoever they want to go ahead and push out. That's it. [05:07] So make sure that you know how to bob and weave. That's it. Make sure you know how to change direction. Stick to plan A, but just make sure that you tinker with it and make sure you're in the right position. [05:23] Shout out to uh I'm going to I want to bring up FOMO uh yeah, FOMO here. I'm going to bring up FOMO here real quick. [05:32] I'm definitely going to give it another shout out. I have to. I'm looking at Satoshi. Paired to BTC. Shout out to Satoshi paired to BTC. Satoshi. I like this for one reason and that is I don't understand how there has not been a Satoshi runner to give thanks to the man who gave us this ecosystem. That allowed us to participate in a free market, to get away from the centralized world. Shout out to Satoshi. And again, you can see my thesis on it. I haven't done a thesis in like a month and a half. But you can see my thesis on it and others on why they believe Satoshi will do well. Again, no liquidity in the markets. [06:31] None. I mean, I could show you. There's no liquidity in the markets. Let's go ahead and look real quick. Let me show you. [06:41] Not only is there no liquidity in the market, but people are pulling out money from the market. Because, [06:54] Shoot, I'm I'm trying to look and I can't even find it here. [07:04] Okay. Why can't I find it? Am I blind? [07:14] Ansem was at 400 and somewhat dollars, right? [07:20] Ansem is at 73 million now. [07:25] 73 million. [07:29] That means people have taken profit out and they've put it into either majors or they've gone into the traditional markets. [07:40] They'll be back. I'm not saying Ansem is is done. [07:46] Not saying Ansem is done. [07:49] All I'm saying is, when you look at the markets, when you look at the markets, people are taking money out and they're either putting it on the sideline and waiting, or they're going into other markets to make money. Nobody's going to look y'all got to think about this. Yo, and thank God, thank God I I have been I was super patient. Thank God. I thank God. [08:30] I'm not one to rip somebody for doing something. God bless, man. God bless. He felt like doing this. God bless him, man. [08:42] But the money in here, there is no money in the meme economy. When I say that, $26 billion, half of the money is tied up. Half of the money is tied up in Doge, Shib, and Pepe. [09:02] That's it. The rest is for you guys to rotate. There's 95 million tokens. [09:12] The holding time, of course, is three seconds. [09:18] Because people are trying to get in and out. [09:22] Ansem's token had the biggest VCs behind it. 73 million. [09:32] Ansem should have had supply control at 90%. [09:38] It's crazy that he didn't have supply control at 90%. [09:42] It's crazy that he didn't 90% minimum should have been 90%. [09:53] Shout out to FOMO. [09:59] The rotational game is crazy. It's absolutely insane. People are not holding. You got kids out here being promoted. I'm saying it I'm saying what it is, man. Like, it's been it's already been put out there. You got people pushing kids out there who made $40 million, but only made $6 million. Again, $6 million is nice. $6 million is is it's nice. It's a nice chump nice change. [10:34] But they're pushing 40 and then another you know, uh it's Kimchi. Let me I'll say, you know, I'm not scared to talk about this shit, man. I really am not. You have Kimchi who apparently made $40 million, but now people looked into it and he only made $6 to $7 million. And then he had something with pump.fun and they did something with pump.fun and it showed as soon as he signed up to his, you know, pump.fun portfolio that had 30 to 40 million in there. But nobody, because he had 65 or 75% of the supply, but nobody wanted to go ahead and talk about how there's no way in hell that he could take out that money. So it's just paper. It's just paper money that he would never be able to take out. [11:26] But what happens, people see that number and they're like, holy shit, this person he made $40 million even though it's stated that he's made only $6 to $7 million on Trump. And now he has $30 to $40 million. And let's look at where is Kimchi now? Let's let's look let's look at it right now. Hold on. Let's look at it. [11:57] Let's look at what Kimchi is right now. [12:06] Kimchi is at $9.82 million. [12:25] And there you have it. [12:29] And then he he had the pump.fun video saying that he's a they paid him millions of dollars. And then he had it in his bio, then he took it out of his bio. Bro, all I'm saying is, the the villains are are I got to say the villains are treated as the heroes and the heroes are treated as the villains. That is 100%. The villains are treated as heroes and the heroes are treated as villains. That's it. [13:02] So, I'm just stating the obvious. [13:07] If he had $40 million in his pump.fun account a few days ago, he wouldn't be able to take it out because there was only $600,000 in liquidity. So if you want to say that he made 500k or 400k off of this ordeal, plus he got paid by pump.fun because pump.fun is pushing him because now they're going the route of let's go ahead and push people out there and make our own stars to bring more people onto the platform so we can make more money because nobody's doing things for free, okay? Nobody on this planet does anything for free. [13:47] [sound of knocking] [13:52] That's what it is. Are is everybody hating on these people too? Because I just want to know, are people hating on these people too? I'm not hating. I'm just this is a show where I break down crypto, so I'm breaking it down, making it easier for people because people don't know how liquidity works and liquidity pools work. Nobody knows anything about that. It seems like half the space is absolutely oblivious to it. Not even half, 90% of the space doesn't want to look at things realistically and say, you know what? The motherfucker don't got 40 million. [14:27] I don't know what I'm saying wrong. Is it because I'm too blunt? Is it because I'm way too blunt when I talk? Is it because I'm way too blunt? Is it because I just state facts and people don't want the facts? They want me to be PC and walk around on eggshells. Fuck that shit. Never, never, never. [14:48] Never, absolutely never. And again, I'm not hating. Listen, if he if he's worth 10, 20 million, God bless. Good for him. I would never hate on that. Good for him. [15:05] Anyway, welcome to the breakdown. [15:09] I want to give a shout out to TikTok because they restricted me again. Apparently, you're not allowed I'm not even allowed to talk about my own culture. [15:18] I'm not allowed to state the obvious, okay? So shout out to them. Shout out to X. Thank you, X. Uh this is definitely my last month uh paying for, you know, the organization shit. I I am absolutely not paying for this shit no more. Absolutely not paying for this shit no more. It's absolutely dog shit. I got to tell you. I I have not seen this whole 2X boost. I've been paying $2,000 a month, which can I could take that $2,000, reinvest it, take the $2,000, make $20,000. I don't even know. I am so done. Like I I I just rather pay more or get more tokens to do more things for the like I I'm done. I'm sorry. I'm out here producing clips. Instagram has took me in and TikTok, even with their restrictions, they've kind of took me in and YouTube has been favorable for me, but fucking X, formerly known as Twitter, which I've literally built my brand on. Nah, man, I don't know what the fuck is going on there. [16:26] I have absolutely no idea what's happening there. Zero idea. [16:31] I'm just happy that my stats are starting to go up. And I took a I did something. I I literally did something that no I don't think anybody would have done. I switched up quick and went to Instagram, TikTok and YouTube. Most people would have done that. They would have stayed on their number one platform. I did it because longevity matters. So I'll take the hit for a few weeks, but I know and I already see that people there's 50X the people that are on these platforms, even threads. I'm going to Facebook. [17:12] Next week, um, next week is going to be really cool. We got a lot of cool people coming on. We'll talk about Bitcoin, we'll talk about digital assets, we'll talk about AI. We will be talking about sports as well. We'll talk about politics as we near obviously uh the elections here. Uh shout out to Polymarket for keeping us keeping me and my audience up to date on the latest. Shout out to Polymarket. Polymarket is the official prediction market sponsor of the breakdown. You can go ahead and use my code, all right? Use the code breakdown. Download the app, use the code breakdown, get $25. Get $25 uh when you download. Also, shout out to Midnight. Midnight City. Come join me in Midnight City. Let's have some fun in Midnight City, okay? I know I know. I know a lot of people are waiting to get in. I get it. They're working on it. You saw Charles on here. Give Charles some time. I'm sure he's still working while being under the weather. But Midnight Midnight is going to go ahead and I I I I I really believe Midnight's going to show people show people what time it is. Shout out to Cake Wallet, obviously. Cake Wallet, one of the most secure wallets that we have in this industry. You want to hold your Bitcoin, Litecoin, Zcash, Monero. Cake Wallet is what you want in your life. FOMO.family. I use it all the time to look at what everybody's doing within the markets. Always looking to see what they're doing within the markets. Hopefully we have somebody on next week from FOMO so we can discuss some of the new features that FOMO has put on. Has put on. Also, I wanted to take some time and talk about some good things. Let's talk about because we talk about the bad stuff that Trump does, right? Not me particularly. People are out here talking about things that Trump has done, could have done better. By the way, the New Jersey Devils have acquired uh Connor Hellebuyck from um Winnipeg. Oh my goodness. [19:29] New Jersey Devils acquired him. [19:35] I don't know any of these players. [19:39] I don't know any of these players, honestly speaking. [19:48] I I really don't know any of these players. [20:05] I don't know any of these players. [20:20] There's a lot of people that asked me, [20:35] A lot of people ask me, um, [20:57] Oh, I didn't even notice. Michael Saylor replied. I said if you can if you can hold only one asset, what would it be? Michael Saylor said Bitcoin. That's the right answer. [21:11] You hear me talk about it day in and day out. [21:15] Bitcoin. [21:25] I I don't even understand how I really don't understand how people fade Bitcoin. [21:36] Even at even at these price points. [21:45] I got to get Michael Saylor on next month. I think we will I think we'll get Michael Saylor on next month. So we can talk about Bitcoin. Talk about other stuff also. [22:13] Here's Michael Saylor replying just now. I didn't even see this. Nobody alerted me to it. [22:22] I said, and I'm hoping to see what kind of answers I get. But I said if you can hold one asset, what would it be? Michael Saylor said Bitcoin. I said 100. That was two hours ago. [22:42] We both follow each other. I follow, you know, I like Michael Saylor. I'll tell you why I like Michael Saylor. [22:51] I like Michael Saylor. It's the same reason why I like it's the same reason why I like Elon and others. Michael Saylor was willing to bet on himself. Michael Saylor was willing to bet on himself. And look, in the beginning, Michael Michael Saylor Saylor said, he said he didn't He didn't believe in Bitcoin. Like I'm just paraphrasing it. And then I'm sure he did his research and understood that this is a generational asset. And he put his entire He put his entire company, his net worth on the line, his name, everything, his bloodline. Because he would for he will forever be remember Think about this. He puts everything on the line for Bitcoin. To get behind Bitcoin, to acquire Bitcoin. He's putting everything on the line. Because if it doesn't work out, he forever forever will be known as somebody who lost millions, if not billions of dollars. There's no middle ground here. It's either you win on your thesis or you don't. I'm fine with Look, as an entrepreneur, I just want to say this. As an entrepreneur, and I'm sure people who watch me are entrepreneurs. And again, I have that up because Saylor shout out to Michael Saylor. Again, uh we'll have him on the program. 100%. I already know we're going to have him on the program. We're going to talk about Bitcoin, we're going to talk about strategy, we're going to talk about the products. He did something for me that he doesn't even know and that is when he said on this very show, when he said on the breakdown that I used AI to build out my products. At that very moment, besides talking about Bitcoin, besides talking about Bitcoin versus gold, besides talking about, you know, what Bitcoin means to me and to him and whatever. The very moment that he talked about AI and he said that he used AI to create his products. While people laughed, my mind went off. This is not somebody who's dumb. You have people making videos talking about strategies going to zero, that he's running a Ponzi scheme. You saw me take on Peter Schiff so many times saying, what are you talking about? You have people run, what did I talk about? Clickbait, right? Put out negative energy out there, put out negative takes, you're going to have a bunch of people that tune in, right? 100% negativity is going to have everybody tune in. Because most people don't understand what the hell you're talking about. They don't understand how strategy works. They don't know how they don't know how strategy in general or or strategy I should say or strategy. They don't understand how the how the company works or the flywheel or what he's trying to do. They don't understand they're just going based on some random some random guy on social media.

[Part 8 of 8] [David] [00:00] says something. Okay, I guess this guy's right. [David] [00:04] And then you have our own people in our own crypto ecosystem, in our Bitcoin ecosystem that are praying or prayed for the downfall of strategy. [David] [00:15] I watched this like, y'all pray for somebody to come in. We prayed for somebody to come in to brand or be a leader or step up to be a leader or to use Bitcoin as an asset. And here he is using it as an asset. You don't have to agree the way he might be using it or how much percent strategy holds. But to see him, embrace it, better than some of you guys have. [David] [00:44] And put his neck on the line out there. [David] [00:49] You got to respect it. As an entrepreneur, you got to respect it. As a business person, you got to respect it. As somebody who covers the ecosystem for more than 10 years, I have to respect it. [David] [01:05] I happen to like Sailor, but whether you like him or not, you got to respect that he put his balls on the line. I like that. [David] [01:17] Oh my God, he sold. Strategy sold. So what? Good. I'm happy he did. He sold Bitcoin, you had an opportunity to buy it. You didn't, he bought back. It's plain and simple. [David] [01:39] Maybe I just don't get the world. Maybe I just, I, maybe I think that if people are trying to do really good things, you should support them. That that's my, my mentality is, if people are trying to do great things, you support them. Like that, that that's my, that's always been my mentality. You don't root for people to lose. [David] [01:59] You know, it's kind of like the XRP discussion. You don't have to hold XRP, you don't have to even care about XRP, but XRP will work with the banks. Like the banking system isn't going anywhere. Like JP Morgan isn't leaving, Bank of America isn't leaving. The biggest banks and institutions are not closing shop. They're, they're just going to adopt crypto. That's that's it. They're going to adopt, they're going to build on top of it. Bottom line, they're going to hold it. [David] [02:28] So like praying for things to not work out, it doesn't, you look stupid. [David] [02:34] There is a need for Sailor's products. There's a need for stretch. There, there's there's obviously a need because there's obviously a want. People are in it. [David] [02:46] Regardless of why you think they're in it, people have gone into it. That's it. [David] [02:52] And he's done this in a bear market, by the way. Just want to let you know, he survived the bear market while every single person, I don't want to say every single person, but a lot of people have been praying for Sailor to get liquidated, for him to fail, for strategy to fail. I've watched it in 4K. I've read it. I've seen our own influencers in crypto. [David] [03:14] And you guys are absolutely, this is why I know you don't know shit. The only thing you live for in crypto because it's so new is to go ahead and get engagement from a bunch of people that could care less and don't know anything about the ecosystem, creating content saying, hey, I can't wait until it goes to zero. Oh, this shit is a Ponzi. Oh, it's going. I'm like, are we serious right now? [David] [03:40] You think Sailor has surrounded himself? You think the board would allow Sailor to do these things if he didn't have a plan? You think he surrounded himself with idiots? You don't think he has quants around him? You don't think he has really smart people around him? That are gauging the markets 24/7. You really think like he just went into this blind and just took a leap of faith? [David] [04:04] I I don't know, man. I I seriously, I sometimes question. I question this industry at times. I really do. I question this industry. Like a man took a billions of dollars and just said, yo, I'll take a I'm just going to I'm just going to play around with this flywheel here. [David] [04:25] With no plan. Just like, [David] [04:29] off the cuff. [David] [04:31] It's it's wild, man. It is it is absolutely wild. [David] [04:38] It's wild. It is wild. [David] [04:42] And then they try to use that interview that he did. They try to use that Sailor interview that he did. [David] [04:49] Where he sat down, I think that guy from uh, [David] [04:56] I think his his name is Danny from [David] [05:01] something what Bitcoin does or something. I forgot the podcast name. [David] [05:07] I'm like, and Danny hits, Danny hits Michael with a stupid question, which it was stupid. And Sailor, yeah, he got like agitated. I probably would have also. Maybe I like I don't know. I hold my composure a little bit more, but like maybe I would have reacted. I don't know. [David] [05:29] You guys have seen me. I don't know. 10 years of broadcast. You guys know me, you know me as much as I know myself. [David] [05:39] You get a you get a person, you get Michael Sailor to sit down with you. Have a real conversation. You went for a you went for clickbait. This is the this is the problem in our society today. The reason why you guys don't get a lot of value is because you you you have people for the most part that get on a camera and a microphone and all they're looking for is clickbait. How can I within this 45 minute interview, where can I get debate? Where can I get this person agitated? Where can I ask this question that will get this person animated? Because that means I'll get more viewership. I don't do that. [David] [06:23] I can't do it. That that's not me. That that's just not me. I'll say what I feel. Now, if that comes off like, [David] [06:32] I'm just I'm a New Yorker. We we talk. We we say what we feel. And I got Eastern European blood in me. So it's like, I'm going to tell you how I feel. That's it. [David] [06:43] And if it comes off a certain way, it is what it is, but my intentions are always go into this, let's have a conversation because I'm not privy to all this information either. Maybe you have something on your mind that I haven't even thought of. Like an example, when I had Sailor on here and he started talking about I use AI to go ahead and build my products. [David] [07:07] I'm telling you right now after that interview, I had to replay it. I was like, man, here is somebody who used AI in the position that he's in to build out his products. [David] [07:21] I need to look into that. [David] [07:25] And you guys already know, I studied AI. But I'm like, now I need to really really take it to the next level. [David] [07:36] The reason why I wrote the book, million the million dollar AI playbook. It's the reason why. Because I know like if you really put your if you put your heart, blood, sweat and tears into learning AI, I'm telling you in the next three to five years, AI is going to produce so many so many millionaires because there's so many problems. [David] [07:59] That AI can absolutely fix. And a lot of people don't want to learn AI. They just want somebody who knows it to go ahead and get the shit done. But anyway, thinking about it, it benefited Goxshi Media. It benefited my show from every aspect. [David] [08:17] From every single aspect, it benefited. [David] [08:21] I said that Bitcoin and AI will benefit from each other. [David] [08:28] And I will be right on that. I was I will be right on that. The same way I was right when I was working in corporate and I said Bitcoin will be a thing and people laughed and mocked me. [David] [08:40] I'm not saying I called Bitcoin. All I'm saying is, you know, anybody who got into Bitcoin early, you know, when you walked around and you told people about Bitcoin, they laughed at you. You had the same response that Jamie Diamond would give you. [David] [08:54] Ponzi, all this stuff. Peter Schiff will give you. All this stuff. [David] [09:00] Now look. Now look at everybody trying to jump in. Anyway, we'll be right back after this commercial break to end the show. Sponsored by Midnight, Polymarket, Cake Wallet and Fomo. [Fomo] [09:14] What first got you excited about blockchains? Think about it. Oh wait. [Fomo] [09:23] 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. [Fomo] [09:37] Maybe it was imagining a world where people own their own data and get to share in the value it creates. [Fomo] [09:46] Or maybe it was the promise of a fundamentally better way of connecting, communicating and transacting. The next phase of the internet that empowers us instead of exploiting us. So why hasn't it happened yet? 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. [Fomo] [10:17] And that's why we build Midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web. Let's build the internet we deserve. Together. [Cake Wallet] [10:33] Ladies and gentlemen, we all know this in crypto, ownership matters. That's why Cake Wallet. Cake Wallet gives you full control of your digital assets, all in one easy to use application. You can store Bitcoin, Litecoin, Zcash, Monero, and many more with just one secure backup. Swap between coins in seconds, no copying addresses, no complicated steps, and even includes Bitcoin Lightning for faster payments. And with Cake Wallet built in, you can use crypto in real life through debit cards or gift cards. Simple, secure, self-custody. Download Cake Wallet and take control of your crypto. [Fomo] [11:17] This is Houston. T minus one minute until full data blackout. All eyes are on you. [Fomo] [11:32] Breaking news. There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. We have a second angle on this. [Fomo] [11:42] Is that guy on FOMO? Oh yeah. [Fomo] [11:46] Yeah, let's get back to it everybody. [Fomo] [12:01] Breaking news. There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. [Fomo] [12:09] Opportunity cost is simply this. Every position you take is a position you choose over something else. [Fomo] [12:23] This just in. According to the astronaut's FOMO account, highest in the room, the satellite has been restored. [Fomo] [12:31] Yes. For now, the crisis appears to be over. [Fomo] [12:48] Satellite's up and running. Positions looking good too. [Fomo] [13:04] There we go. United States of America representing. [Fomo] [13:06] Socialism does not work. [Fomo] [13:09] Digital assets is a better to move money at the speed of light. [Fomo] [13:13] People are greedy when they also try to acquire gold. [Fomo] [13:15] I am here providing electricity and that energy that is necessary. [Fomo] [13:21] I am the modern day Tony Stark. [Fomo] [13:34] There we go. United States of America representing. [Fomo] [13:36] Socialism does not work. [Fomo] [13:39] Digital assets is a better to move money at the speed of light. [Fomo] [13:43] People are greedy when they also try to acquire gold. [Fomo] [13:46] I am here providing electricity and that energy that is necessary. [Fomo] [13:51] I am the modern day Tony Stark. [David] [13:58] Welcome back. I want to thank everybody who uh stood here. Shout out to Clean Living. I see Clean Living was here. Uh a bunch of you guys, um, I want to give a shout out to. Thank you very much. From um YouTube and TikTok and and Kick and whatever networks we play on and stream on, also Twitter as well. Uh I I do appreciate you guys tuning in. I really do. Uh it means a lot. Show continues to grow. Um, I myself as an as a media personality continue to grow. It's nice to also bring on all these guests from uh the digital asset space, the traditional markets, obviously also sports and and AI. Um, I think AI is absolutely an underrated industry that people are taking for granted and and there's so many things that you can do. It's uh it's amazing. Shout out to AD and uh Lutz and all you guys, man. I I I'm shouting you guys all out. She, all you guys, every all the guys, all all the regulars that come in here. Even even when I'm restricted for some reason because TikTok does not like crypto or Bitcoin talk, so they restrict me on there, which is just crazy work, but it is what it is. I give up. I give up when it comes to them. But um, [David] [15:31] There's some really cool stuff uh there's some really cool stuff on the way. Uh some really cool guests coming on for the next for quarter four, there are a lot of really cool people coming on. Notable names, not notable, who cares? It's just people coming on to have really good conversations. I want to start talking about the automotive industry as well too. [David] [15:53] Bring on some uh higher level executives some from from those industries to talk about cars. Just cars. I'm a I'm a gearhead. I love cars. And there's a lot of things that crypto and you know, NFTs can do for vehicles. I've talked I talked about it in 2022 at a conference. I said, you know, Alfa Romeo embedded an NFT into its vehicles. And so embedding NFT technology into vehicles would absolutely make it a lot easier for the dealerships, the service departments and the consumer. Because you wouldn't have to wait days to get your car back. You would instantly be able to diagnose the problem. Our technology is so phenomenal. We haven't even touched the surface yet. That that's all I got to say about that. But we'll have a lot of people on uh regardless of topic, subject matter, obviously politics. We'll we'll have that as well. Um, but I hope that you guys enjoy the show. I really do. Uh, for the next 10 days, I'm I am on a water fast. And I will be working my ass off. I'm talking about working out and on a water fast. Maybe not 10 days, maybe seven days. 10 days might be crazy. Um, [David] [17:18] But I'm going for it. Back to training, man. Back to lifting heavy. Back to lifting heavy. Uh, shout out to everybody. Uh I leave you with this quote. By the way, I will do a space right now for 20 minutes. I will be going to do a space for 20 minutes on X spaces. That's right. I will be on X spaces. I will do a space for 25 minutes. And it's just a recap of everything that has happened. Everything that's happened. This week on the breakdown and everything that we talked about. God bless you and your families. I hope you all are well. I hope you guys are winning. I hope you guys are patient and I hope you guys have Bitcoin. At the end of the day, the ultimate goal is to make sure that you have a piece of Bitcoin. [David] [18:11] I've been here for three hours and 21 minutes. On that note, I am out. Man. Man. Woo.