Trump's AI Dinner, MetaMask Night Terrors, Anguilla is Winning the AI Boom

WEBVTT
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Get you a girl as loyal as Vibblet to the stream.
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You don't even know the type of shit we've been through, bro.
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Don't even Don't even Don't even Don't even try with Viblet, bro.
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You don't even know.
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You don't even know the type of shit we've been through.
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Don't even try to girl.
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Nah, nah.
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You don't even make an analogy.
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Okay.
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You don't even know the type of shit we've been through.
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The type of shit we've seen.
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It's a big day today.
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We have a lot to talk about.
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We have a lot to cover.
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I have topics on topics on topics.
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There's beef going on.
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D Nap, how do you say in Gula?
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I forget already.
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In Gula, there's war stuff, there's Fed stuff.
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There's cognition VC venture beef.
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I love some beef.
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There's on-chain beef.
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Everyone's fighting.
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Half the timelines in Korea, and everyone hates everyone.
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Everyone's screaming at each other.
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It's going to be a lit market open.
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We're going to talk about on-chain in gula.
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Inguila.
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In gula.
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We, yeah, it's a lit one today.
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I'm not going to lie.
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Every day is a lit one.
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Really.
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It's a Thursday.
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It feels like a Thursday.
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I had, I'm not going to lie, I woke up last night.
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I'm just going to be completely honest with you.
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I woke up with night terrors in the middle of the night last night, thinking that I'm supposed to just slam sell all my Zcash because I saw this MetaMask hack.
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And Andy from the roll-up posted this questionable tweet about it's way worse than everybody is projecting.
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Very questionable tweet.
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And I was laying in bed and was like, dog.
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I'm getting I'm sitting here and I'm looking at the uh I read this tweet.
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MetaMask has this exploit yesterday.
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Allegedly, they have this hack.
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And it wasn't actually a hack.
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There was this some I don't know, there was some problem with the nodes.
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I don't know what it is, but it turned out to be a complete nothing, nothing burger.
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But yeah, tell them what you text me.
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Okay, I texted Malcolm last night at 10:15.
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I said, I don't know how long you're gonna be awake, but if you wake up and see Ether's down 15% because of a MetaMask exploit, please wake me up.
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I'm going to bed and I'm trying to get eight and a half hours of sleep, and I'm reading this post and it goes, rumor mill saying the MetaMask exploit could be far worse than people are expecting.
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With a small percentage of the Ethereum supply being held hostage on chain from a single liquid staking provider.
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Or to comma as we learn from our sources, but hoping it's a nothing burger.
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And then immediately after that, I get this ping that Joseph Lubin, Joe Lubin, I guess sorry for the government name was crazy.
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My bad, big Joe.
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Joe Lubin, Joseph Lubin, I don't know.
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Sorry for either sorry for the nickname or sorry for the government name.
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Co-founder of Ethereum moved$550 million from his MetaMask.
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Moved it.
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$550 million.
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That's a lot of money, bro.
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It's like, I don't know, 25 bips of the what's the ETH market cap?
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200?
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It's like it's that's a lot of money.
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I don't know.
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It's a lot of money.
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It's a meaningful supply.
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And so I'm sitting here like, why?
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If this is real, either he's lying or ETH is about to candle 10% in a red line.
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I mean, if that's real, if if if if if that was real, MetaMask exploit, it's GG, bro.
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I don't know what to say.
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Like, we're at least a month of just death.
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And so I read this tweet and I was like, Andy, bro, no comms, just rumor mill.
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And I'm laying in bed and I'm like, oh my god, like, is this true?
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Is this true?
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Is this true?
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And it turned out to be a complete nothing burger, but it was it was kind of scary.
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And so I woke up in the middle of the night at like 2 a.m.
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and I was having night terrors, like shaking.
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And I'm like, I have to sell Zcash.
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I have to sell Zcash.
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Dreaming about it.
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Like, you know, you know when those like cartoons when they like the scent of the apple pie comes in and they're like sleeping and they like sleepwalks of the apple pie.
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That was me to my computer to sell Zcash last night.
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I'm like, I have to sell it, I have to sell it.
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So, anyways, that's what happened.
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Ignore it.
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It was a nothing burger, but man, that would be fucking bad if it happened.
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All right, I want to start with this.
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I read this article the other day, and there's four likes.
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I'm one of them, and I liked it because I got obsessed with rare books the other day, and I went into my room and I realized I'm kind of a hoarder.
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And what it's come down to is for some reason, I think this is new.
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I feel this deep genetic primal desire to accumulate stuff.
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And I was thinking about it in this digital era that we live in right now.
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I really don't own anything.
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I own nothing.
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The only thing I own is my computer.
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I rent my house, the furniture in the house is rented.
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Before long, I'm probably gonna have a subscription on my hardware with my iPhone.
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I rent my car.
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I have been known at some time to rent some clothes for stream, and everything digital for the most part, I don't own.
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Most digital things are not NFTs.
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I actually don't own anything.
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Even my tickets, I used to like to collect tickets.
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All my tickets are virtual.
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I went to the US Open.
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I have a QR code on my phone.
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I actually don't own anything.
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And we read this article not that long ago from Davos, and it's the you will own nothing and you will be happy.
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And I don't know if this is a new thing or humans have always been this way, but in 2026, I feel like a primal urge to accumulate things, collectibles, like art, books.
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I'm buying a ton of books.
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Like everyone has a Kindle, you don't even own your books.
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I don't own my my Xbox games.
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Most people, a lot of people don't even own their consoles.
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I'm buying hella books right now.
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Everything I'm I'm buying books.
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I only want the physical copy.
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I don't want a Kindle.
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We use Kindle Kindles as coasters in this house.
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I I want art.
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I've started to buy art a little bit.
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I'm starting to buy some like archive clothes a little bit.
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And you look at what's happening with Pokemon cards, and yes, I think a lot of it is just scarcity and nostalgia.
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But I also think people want to hold this stuff in their hands, PSA 10 Charizard that they can put in the in the safety kit and not touch.
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I don't know if this is a new thing.
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As the world goes increasingly digital, I like I'm I'm fantasizing about storage units of art and like gold bars.
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I don't even own cash anymore.
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Walking around when I walk around with cash, I have a thousand dollars of cash, it's like a big deal.
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It's like, damn, no way, you got cash, you got a hundred, like you have hundreds.
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It's I don't know when this transition happened because I feel like my whole life I had a lot of stuff.
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And then at one point I no longer had stuff.
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And now in 2026, in 2026, I there's this feeling that scares physical assets are just gonna be like forever valuable.
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Like we even have this bit like in my friend group that sending someone a thousand dollars in crypto versus sending someone a thousand dollars in cash, it's it's a different amount of money.
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The cash is worth 2x.
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Like I'll give you 2K in crypto for a thousand dollars cash because I don't no one has a debit card.
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No one can even get cash, no one even has a debit card.
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I'm the only guy who has a debit card.
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I only have a debit card because I don't have a credit card.
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I'm 24, I don't have a credit card.
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What's the credit score?
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I don't even have a credit.
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I don't think this trend is gonna stop either.
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I just don't.
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I I don't think this, I don't think this trend is gonna stop.
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People want to carry cash, they want to own physical art and they want stuff.
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They want stuff.
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I don't know.
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T-shirts, clothing.
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I mean, there was I lived in LA for three years and Airbnbs.
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And so not only did I not own my house, but I didn't even own it for more than two weeks.
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And so I can only travel with as much stuff as I can fit in my car.
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Okay, then my car got stolen and totaled by the Kia Boys, and then I didn't even have my car anymore.
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So I had like all I had, all I had was a wallet and a PC.
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That was it, and like a suitcase.
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And so I read this article and it was talking about um, I don't know, art and buying war hauls and the new hunger for beauty craft and things at last.
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And I am I wish I could just long, easily long, physical, nostalgic items.
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I tried to do it with rare books, I got really obsessed, and then I'm like, I don't know, I just want stuff, a guitar, whatever.
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Thought I was thought it was a uh a valid crash out.
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So, anyways, I figured that was a good way to start today.
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And I would like to start actually yesterday with a video that I posted yesterday.
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Um, I got into a big debate about this.
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I posted how I made plus 16k in five minutes shorting lighter yesterday.
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I was immediately responded to with don't you think you're gonna get clowned for posting just a$16,000 PL on the timeline amongst a sea of seven figures, seven figure PLs?
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And I said, wait, wait, wait, did you just say to me just 16k in five minutes?
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Is that the comment that just came out of your mouth?
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Just 16,000 in five minutes.
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And they said to me, No, no, no, no, no, look, look, look.
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It's a lot of money.
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It was a great trade you made, but it's crypto Twitter, and people are up 100K, 500k, million dollars, 5 million dollars, 10 million dollars, and you're posting just 16k.
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Don't you think you're gonna get clowned?
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And I said, if I'm gonna get clowned for posting 16k in five minutes in my rationale on a trade, let them fucking clown me.
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Because what you have to understand, you need to really internalize this in your brain.
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It wasn't until I read that fuck ass fooled by randomness book that I hate that I realized this that PL shaming is actually one of it's actually like logically one of the stupidest things you could ever do.
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Because imagine this the art of the PL shame.
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Imagine I post a 16k PL and I get shamed by some guy who's up 100k.
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Rasmer just hit 100k on a trade, and he's like, damn, you only you only made 600k?
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You only made 16k, I just made 100k.
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It's like okay, congratulations on your 100k trade, Rasmer.
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Malcolm is up 500 on Super Enu.
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I'm like, damn, Malcolm, you only made 500K on Super Enu.
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I'm TJR, I just made 750K.
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And it's like, oh, okay, TJR, congrats on your 750K.
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Evan just posted an Athena options trade.
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He's up 1.5 mil.
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And it's like, damn, Evans, you're only up 1.5 mil.
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Dumb Crayon Eater is up 6 mil on artificial Enu.
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He's only up 6 mil.
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UniPCS is up 15 mil.
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He's up 15 mil on FOMO.
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Damn, Unip C S is only up 15 mil.
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That MK guy we just found is up 20 mil.
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He's up 20 mil on Nier on his hyperliquid account.
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Damn, MK's only up 20 mil on his hyperliquid account.
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Loracle's up 50.
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And it's like, fuck.
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Loracle's up 50?
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And it's like, yeah, Loracle's up 50.
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And then and then you look at the TL and you're like, that's Solana.
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No, no, no.
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Lee Goon Wang.
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Loracle's only up 50 mil.
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Lee Goon Wang's up a hundred mil.
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And then you find Dragonfly Investment, Hasib, they're up 500 mil.
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And then you look at the next step, you're like, damn, Bill Ackman, he's only up a billion dollars on the year.
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Damn, Ackman's only up a billion.
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Warren Buffett's up three.
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Okay, cool.
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Baron Trump is up five.
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Pete Heggseth is up like 10 billion.
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And the president of the United States is up a trillion dollars.
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Okay.
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And so when you I I'm a I'm a believer, and I'm going to drill this into my brain, and I'm going to, I'm going to do it for every future trade.
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That if you make money on a on a on an investment, if you make money on a trade, if you have a business that just made your first dollar of revenue, you have an obligation to post it, to talk about it, to shill it, and to victory lap it on the TO, right?
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It's like Justin Jefferson, how many touchdowns has he scored in his career?
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He scored 100 touchdowns in his career.
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Every time he gets in the end zone, he fucking spins the ball and hits the gritty.
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It's only worth six points and you're down 21, but a touchdown is still a big deal.
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Hitting a profit on trade is still a big deal.
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Okay?
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And the way that I'm thinking about this is like, why does why does posting a 16K PNL matter?
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The reason posting a 16K PL matters is because it's real.
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It's real and it happened and it's repeatable.
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And somebody could watch it and they could learn from it.
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Somebody could watch it and they could say, you know what?
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I could do that.
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You could inspire someone to do it, and you could be the reason that they make the next trade.
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Because you gotta you gotta realize, like, we live in this era right now of content, especially for trading content, where everybody is posting this, like, these numbers aren't even real anymore.
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Every PL is like, I'm up a million dollars, I'm up 1.5, how I made$2 million, Julian Patrullius, how I made$7 million.
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It's just like non-stop.
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I made$7 million, I drive a Ferrari, I took a vacation to the fucking Swiss Alps.
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And the the I have this, I have this car, I have this private jet, this$40 million.
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The numbers like they don't even mean anything.
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They mean nothing.
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Everyone is doing it, and it's become consensus that if you're posting trading content, you're posting seven-figure PNLs, you're posting$10 million penals.
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But the reality situation is most of these are not real, they are not repeatable, and no, and no one's watching how I made$7 million in whatever time frame and like repeating that.
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It's not a thing that's happening.
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And so the way to I think the way to stand out and the way to provide some sort of value in a world where all everyone posts is like this lifestyle slop is to post the real shit.
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Okay, I just watched this Kanye documentary, the Netflix one.
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It's so good.
00:12:59.360 --> 00:13:14.320
And Kanye gets signed by Rockefeller, and he's like, he's like, the cool thing to do in rap is is to come out and rap about this life you're not living, talking about killing people, talking about robbing people, talking about holding guns and shooting people and living this like a gangster lifestyle.
00:13:14.399 --> 00:13:28.159
He's like, I just want to talk about being self-conscious and like living the life that I actually live, and I think people are gonna fuck with the way that I think about actually living, is because more people are doing what I'm doing than LARPing, running in the street, and killing people.
00:13:28.320 --> 00:13:28.639
Okay.
00:13:28.879 --> 00:13:46.960
And the way that I think about this trading content in this stream, it's like there's just a way larger group of people that could have been in the pit watching my posts, watching the Robin Hood Summit, and shorting lighter and making 16k PL, which by the way, in five minutes that annualizes out to 1.6 billion dollars, then ripping these seven-figure POs.
00:13:47.120 --> 00:13:55.039
Like at some point, it became meta where the only way to stand out was to LARP this like lavish lifestyle.
00:13:55.360 --> 00:14:01.759
And that was what you did to get views, and it was cool and it was different and it was new, and then all of a sudden that just became the meta and the standard.
00:14:01.840 --> 00:14:04.960
And then in order to get views, you had to LARP this lifestyle.
00:14:05.039 --> 00:14:05.840
You have to do it.
00:14:05.919 --> 00:14:13.440
You have to like rent the Ferrari and you have to rent the house, and you have to like do this trading meta lifestyle in order to get views.
00:14:13.600 --> 00:14:19.759
But then at what point does it go back to being real and authentic and honest when everyone is doing the LARP shit?
00:14:19.919 --> 00:14:24.159
When when does it go back to what you're actually doing and what's real?
00:14:24.320 --> 00:14:26.879
And in my opinion, it's gonna go back right now because that's what we're gonna do.
00:14:26.960 --> 00:14:27.519
That's what I'm doing.
00:14:27.600 --> 00:14:29.759
It's like I come here, I talk about it, I show my PL.
00:14:29.840 --> 00:14:31.120
If I lose money, I talk about it.
00:14:31.279 --> 00:14:32.240
When I make money, I talk about it.
00:14:32.320 --> 00:14:33.120
Like, when is it gonna go back?
00:14:33.200 --> 00:14:34.799
I think it should go back right now.
00:14:35.120 --> 00:14:37.440
And so that's what we're doing, and that's what I'm doing.
00:14:37.519 --> 00:14:47.279
All right, the company making the most money from AI, it's not Sam Altman, it's not OpenAI, it's not Dario and Anthropic, it's not Google, it's not even Trump, it's not even the US government.
00:14:47.360 --> 00:14:52.720
It is this country in the Caribbean with a population of 16,000 people called Anguila.
00:14:52.879 --> 00:14:53.600
Wait, how do I say it?
00:14:53.840 --> 00:14:54.559
Anguila?
00:14:54.639 --> 00:14:55.360
Wait, how do I say it?
00:14:55.759 --> 00:14:56.159
How do I say it?
00:14:56.320 --> 00:14:58.240
Most Anguila is one of the Anguila.
00:14:58.399 --> 00:15:07.519
Brother, it's a country, it country in the Caribbean with a GDP of 400 million dollars and a population of 16,000 called Anguila.
00:15:08.000 --> 00:15:08.320
Okay?
00:15:08.720 --> 00:15:10.080
16,000 people.
00:15:10.240 --> 00:15:12.960
They're making the most money off of AI.
00:15:13.279 --> 00:15:26.639
And the reason that they're making the most money off of AI is that there was this movement that happened to get these countries familiar with like all get basically get the the world, the globe familiar with the internet in 1995.
00:15:26.799 --> 00:15:30.399
Every country was basically assigned a domain based off their country.
00:15:30.480 --> 00:15:44.960
Like the U America got like dot us, Japan got like dot JP, England got dot UK, and Inguila with a population of 16,000 and a GDP of 400 million dollars was given dot AI.
00:15:45.679 --> 00:15:57.120
Okay, and so the way it works is every domain that is registered with dot AI and gwila is paid directly$140.
00:15:58.240 --> 00:16:07.519
They recently increased the price to$160, but every domain on the internet is registered, they get paid directly$140.
00:16:08.399 --> 00:16:11.200
Okay, they don't get paid for secondary sales.
00:16:11.440 --> 00:16:17.840
So if you register XAI for like$140 and then you sell it for$10 million, they don't get paid on that.
00:16:18.080 --> 00:16:23.519
But they do get paid if a domain expires, they can claim it and they rattle off an auction for it.
00:16:23.600 --> 00:16:23.840
Okay.
00:16:24.159 --> 00:16:36.879
And so basically what's happened is that since the creation of Chat GPT, the amount of dot AI domains being registered has gone completely vertical.
00:16:37.039 --> 00:16:38.159
Like up only.
00:16:38.559 --> 00:16:58.399
Okay, and it's gone up only so aggressively to the point that in 2025, January they made 3.6 million, February they made 4.8, March they made six, April 25, they made 8 million, 8 million, 8 million, 8 million, August they made 8.3, September they made 8 million, October they made 7.4, November they made 8.1.
00:16:58.639 --> 00:17:20.720
December, they made 7.6 million dollars on dot AI domains getting registered, and it has grown so aggressively that nearly half of the entire country's revenue in 2025 came from people registering dot AI domains.
00:17:20.960 --> 00:17:21.759
Think about that.
00:17:21.920 --> 00:17:28.960
They're forecasting right now$100 million in revenue from dot AI domains in 2026.
00:17:29.039 --> 00:17:40.000
This is a population, a country with a population of 16,000 and a GDP of 400 million, and they're making half of their country's revenue from people registering dotai domains.
00:17:40.160 --> 00:17:41.440
And so what's happened from this?
00:17:41.519 --> 00:17:44.400
Number one, Anguila doesn't have a property tax anymore.
00:17:44.559 --> 00:17:45.599
They eliminated it.
00:17:45.759 --> 00:17:52.799
And they're doing$5,300 government revenue per person in this country.
00:17:52.960 --> 00:17:56.240
Remember, it's a population of 16,000.
00:17:56.480 --> 00:17:56.799
Okay.
00:17:57.200 --> 00:18:11.440
And then there's this sneaky little method where if someone lets a good dotai domain expire, they will claim it, they will flag it as valuable, and they put it up for auction on this platform called Namecheap.
00:18:11.759 --> 00:18:12.079
Okay.
00:18:12.319 --> 00:18:18.319
And like right now, there's there's Gnosis.ai expires in a day, it has 24 bids.
00:18:18.559 --> 00:18:23.599
The price right now is 9,999, and they will get like 95% of this revenue.
00:18:23.680 --> 00:18:26.960
Like they get the vast majority of this revenue.
00:18:27.200 --> 00:18:32.480
And so this country is living off of proceeds from the AI boom.
00:18:32.799 --> 00:18:35.039
And so the story goes even deeper.
00:18:35.279 --> 00:18:44.640
Where the reason that this even started is there is this OG cypherpunk, this fellow right here, who goes by the name of Vincent Gabe.
00:18:45.119 --> 00:18:49.119
He moved to Anguilla in 1995.
00:18:50.000 --> 00:18:54.079
It happened to be the same year that all these countries were given their.
00:18:54.480 --> 00:18:56.240
Oh, it's Vincent Kate is his name.
00:18:56.559 --> 00:18:57.039
No way.
00:18:57.279 --> 00:18:57.680
My bad.
00:18:57.759 --> 00:18:58.480
I said Gabe.
00:18:58.640 --> 00:19:00.480
Vincent, sorry, Vincent Kate.
00:19:00.799 --> 00:19:01.759
Like Kate coin.
00:19:01.920 --> 00:19:05.279
Okay, this guy Vincent Kate started this whole blow-off.
00:19:05.440 --> 00:19:15.359
Vincent Kate moved to Anguilla in 1995, and he basically wanted to register a dotai domain just because he wanted to register one.
00:19:15.680 --> 00:19:20.079
And he realized nobody was in charge and had set up the system for this to easily happen.
00:19:20.160 --> 00:19:21.279
I mean, it's 1995, right?
00:19:21.359 --> 00:19:24.240
Think about how old and janky the internet is in 1995.
00:19:24.400 --> 00:19:29.839
Nobody had organized the system to easily transact these.ai domains.
00:19:30.079 --> 00:19:33.519
And so he said, okay, fuck it, Vince and Kate.
00:19:33.599 --> 00:19:34.799
Why don't I just do it?
00:19:34.960 --> 00:19:37.039
I'll set it up for Anguila.
00:19:37.440 --> 00:19:40.079
I will like run this system and I'll take a fee.
00:19:40.240 --> 00:19:57.519
And so he basically built like a wrapper to let people easily register.ai domains, and he took 25% of it up until 2025 when the blow-off was so aggressive and there were so many domains being registered that they went with some bigger, more established broker.
00:19:58.000 --> 00:20:17.359
But this Vincent Kate guy, who happened to move to Anguila with a population of 16,000 in 1995 and randomly wanted to register a dot AI domain, took 25% of all dot AI domain revenue from 1995 to 2025.
00:20:17.599 --> 00:20:20.319
This guy made multiple eight figures off of this.
00:20:20.480 --> 00:20:23.279
Like many multiple eight figures off of this.
00:20:24.160 --> 00:20:29.119
And again, Anguila's revenue is just a rocket ship going up only.
00:20:29.359 --> 00:20:41.920
But it's in jeopardy because as we know, Trump signed an executive order to rename artificial intelligence AI to superintelligence SI.
00:20:42.480 --> 00:20:52.079
And there is a country that owns owns SI, which is Slovenia, Lukadchich country, and it is significantly bigger.
00:20:52.400 --> 00:21:00.799
Slovenia population of 2 million people in Guila population is 16,000.
00:21:00.960 --> 00:21:09.440
Anguila GDP is 400 million and Slovenia GDP is like 86 billion.
00:21:09.519 --> 00:21:11.920
So it's hundreds of times bigger.
00:21:12.240 --> 00:21:28.160
But dot si Slovenia domains are going vertical as well, and it will probably become a me, I don't know, a meaningful revenue stream for the government of Slovenia off of completely pure luck.
00:21:28.400 --> 00:21:33.359
And yeah, the original one was dot TV, by the way.tv DNAP.
00:21:33.599 --> 00:21:34.160
What's it called?
00:21:34.799 --> 00:21:35.680
Tuvalu.
00:21:35.759 --> 00:21:44.240
The Tuvalu GDP is 65 million with a population of 9,000, and they've done all time revenue from.tv.
00:21:44.400 --> 00:21:44.960
Unclear.
00:21:45.119 --> 00:21:49.359
The original deal, TV rights roughly 50 million paid out over an initial 12 year term.
00:21:49.519 --> 00:21:52.640
They make an average of 5 million per year, maybe more.
00:21:52.799 --> 00:21:59.759
Current agreement.tv country code top level domain tradition to GoDaddy registry with projected earnings rising to approximately.
00:22:00.559 --> 00:22:02.160
$10 million per year.
00:22:02.400 --> 00:22:02.720
Okay.
00:22:03.119 --> 00:22:09.279
They they they have a GDP of 65 million and they make 10 million dollars a year from domains.
00:22:09.440 --> 00:22:16.480
And so there's basically entire countries that are funding their existence off of domain proceeds.
00:22:16.559 --> 00:22:17.440
It's nuts.
00:22:17.680 --> 00:22:22.400
And so the next one, I guess, is Slovenia with.si.
00:22:22.799 --> 00:22:36.559
And we did a segment on this yesterday, but there is some crime, criminal activity going on where there's this thread that basically it's a little bit of a conspiracy, but basically believes Trump's SI executive order was another criminal plot to enrich the Trump family.
00:22:36.720 --> 00:22:42.319
Insiders have profited millions off of.si domain names before his truth social posts.
00:22:42.559 --> 00:22:56.640
So if you are a country and you happen to get a two-letter or your the two-letter domain you happened to get is valuable for some societal trend, congratulations because it could literally fund your country for the rest of time.
00:22:56.799 --> 00:23:00.960
So that is Inguila, that is.tv, that is Slovenia.
00:23:01.359 --> 00:23:05.440
And if you happen to have a valuable name, domain name, congratulations.
00:23:05.599 --> 00:23:07.119
All right, let's get it, let's get it, let's get it.
00:23:07.200 --> 00:23:09.680
This it is uh Thursday, October, October 1st?
00:23:10.160 --> 00:23:13.039
It is October 1st, Thursday.
00:23:13.279 --> 00:23:15.119
It is 9 30 a.m.
00:23:15.279 --> 00:23:23.759
As always, stock market opens powered by Phantoms, powered by Phantom because anything you see during this segment, anything you want to buy, sell, trade, make money on, lose money on.
00:23:23.839 --> 00:23:28.720
If you can drade it, you can trade it on Phantom Wallet.
00:23:28.880 --> 00:23:30.720
And my clock is off by a couple minutes.
00:23:31.119 --> 00:23:32.400
It's Thursday, October 1st.
00:23:32.559 --> 00:23:33.599
It is 9 30 a.m.
00:23:33.759 --> 00:23:50.960
on the East Coast, and the stock market is officially oh, kept it.
00:23:51.039 --> 00:23:52.000
Let's get it, let's get it, let's get it.
00:23:52.079 --> 00:23:52.720
Thank you, KDF.
00:23:52.880 --> 00:23:53.519
Thank you, Minecraft.
00:23:53.599 --> 00:23:55.279
It might must be some sort of promo.
00:23:55.440 --> 00:23:57.519
Let's fucking go.
00:23:57.680 --> 00:24:01.119
The SPX opens up 0.27%.
00:24:02.400 --> 00:24:03.759
Um, 0.27%.
00:24:04.160 --> 00:24:05.599
The tenure yield is gonna break something.
00:24:05.680 --> 00:24:06.960
Don't ask me what it's gonna break.
00:24:07.039 --> 00:24:10.400
I just use the word break, break, break.
00:24:10.640 --> 00:24:13.279
NASDAQ 100 is up 0.17%.
00:24:14.079 --> 00:24:22.559
The Votonics ETF is down 0.43, the new credit f is down 0.2, the Russell small cap index down 0.2, the Cosby was up 2%.
00:24:22.960 --> 00:24:26.000
That's more like the Cosby I know in yesterday's trading session.
00:24:26.079 --> 00:24:36.240
The Qs are up 0.34, Soxel's up 0.4, IGB's up 1.3, the mags are up 0.5, DRAM is up 0.8, and IBB is down.24%.
00:24:37.200 --> 00:24:40.079
Bitcoin on the open doesn't matter until 1030.
00:24:40.160 --> 00:24:40.960
It's green though.
00:24:41.119 --> 00:24:41.680
Never mind.
00:24:41.839 --> 00:24:51.519
834, 1384 on Zec 27.3 on Venice, uh 26 on ETH, 389 on Lighter.
00:24:51.680 --> 00:24:52.880
It looks terrible.
00:24:53.200 --> 00:24:55.359
Pump is down 4.8 today.
00:24:55.599 --> 00:24:58.079
Hype is down 2.5, silver's up one.
00:24:58.319 --> 00:25:00.960
Stretch is almost at peg at 100.
00:25:01.119 --> 00:25:02.400
Heals are non-stop.
00:25:02.559 --> 00:25:03.279
Uh wow.
00:25:03.440 --> 00:25:07.279
30 years up 0.75, the 10 years up 0.5, and the two years down 0.5.
00:25:07.519 --> 00:25:16.960
The VIX is up 1.5, gold is up 0.3, copper's down one, Monero's at 1.3, and Nier is down 7.79.
00:25:17.200 --> 00:25:21.039
I let myself get stopped out right here, but it looks like it wants to go lower.
00:25:21.200 --> 00:25:26.079
Um, I'm pretty bad at the short, shorting, like shorting uh exploit stuff.
00:25:26.160 --> 00:25:26.880
I just am.
00:25:27.039 --> 00:25:28.319
I'm not great at it.
00:25:28.480 --> 00:25:41.680
All right, Brent is down 1.8, crude is uh or excuse me, Brent is up 1.8, crude is up 0.5, Ratheon is flat, pound tier is up 0.35, Northrop is up 0.3, and Lockheed is flat.
00:25:41.839 --> 00:25:43.680
All right, big semis, big AI, big everything.
00:25:43.759 --> 00:25:46.960
IBM up 4.7 Salesforce.
00:25:47.039 --> 00:25:48.079
That's a good looking chart.
00:25:48.160 --> 00:25:48.799
What is that?
00:25:49.039 --> 00:25:49.599
Not bad.
00:25:49.920 --> 00:25:52.160
Yeah, it dig not a bad looking chart.
00:25:52.240 --> 00:25:53.839
Rock Lab is up 3.4.
00:25:54.079 --> 00:25:56.880
SK Heinex yesterday's session was up 3.2.
00:25:57.039 --> 00:25:58.559
Adobe's up 2.37.
00:25:58.720 --> 00:25:59.039
What's that?
00:25:59.440 --> 00:26:01.119
Uh you said Google new model right now.
00:26:01.279 --> 00:26:01.920
Also, wait.
00:26:02.079 --> 00:26:04.400
Google's AI tensor satellite into orbit.
00:26:04.559 --> 00:26:05.519
Ahead of today's launch.
00:26:06.000 --> 00:26:06.559
No, I don't see it.
00:26:06.640 --> 00:26:07.759
They're glazing it at hella.
00:26:07.920 --> 00:26:08.720
Gemini 4R.
00:26:08.799 --> 00:26:09.599
Oh, I guess I've seen this.
00:26:09.680 --> 00:26:11.119
Not like no, no, no, no.
00:26:11.839 --> 00:26:13.440
Um, all right, let's keep going.
00:26:13.920 --> 00:26:17.359
Cerebus is up today after getting crushed.
00:26:17.440 --> 00:26:18.240
Uh 3.4.
00:26:18.400 --> 00:26:25.839
Firefly's up three, blooms up three, bar is up two, STS up 1.3, Microsoft up one, SK Hanix ADR is up 1.8, Google's up 1.5.
00:26:26.240 --> 00:26:27.680
Still below that 350 levels.
00:26:27.839 --> 00:26:28.000
Crazy.
00:26:28.240 --> 00:26:31.759
350 levels where they diluted, they sold 10 billion dollars of bonds, I think.
00:26:31.839 --> 00:26:32.480
Google bonds.
00:26:32.559 --> 00:26:33.200
Or is it 80?
00:26:33.279 --> 00:26:33.839
It was 80.
00:26:33.920 --> 00:26:35.680
And and Buffett and the Boys bought 10.
00:26:35.759 --> 00:26:36.319
It was 80.
00:26:36.480 --> 00:26:52.880
Oracle up 1.3, Lumentum up one, Tesla up one, meta up 0.4, Standisc up one, Broadcom up 0.69, Amazon up 0.76, SpaceX up 0.5, Dell's flat, QCom is up 0.7, NVIDIA up 0.68, Micron is flat.
00:26:52.960 --> 00:26:56.720
They did beat yesterday, and nobody cared, apparently.
00:26:56.880 --> 00:26:59.680
Cloudflare's down one, Robostrategy flat.
00:27:00.000 --> 00:27:01.200
Um, what else we got?
00:27:01.279 --> 00:27:08.319
Netflix is down half, Shaw's flat, Apple's down one, Intel's up to 1.5, Marvell's down 1.5.
00:27:08.960 --> 00:27:11.119
Crypto holding decent actually in the open.
00:27:11.200 --> 00:27:11.759
Where's gold?
00:27:11.920 --> 00:27:14.480
Gold's up 0.3 to Bitcoin like 0.15.
00:27:14.640 --> 00:27:16.240
Zach decent on the open.
00:27:16.480 --> 00:27:18.880
Um, all right, DRM's up one now.
00:27:19.039 --> 00:27:24.079
Ags up 0.5, IGV is up one still, socks up 1.7, NASDAQ is flat.
00:27:24.319 --> 00:27:26.640
The spy stays green.
00:27:26.880 --> 00:27:29.119
When positive news don't move anymore.
00:27:29.279 --> 00:27:30.240
What positive news?
00:27:30.319 --> 00:27:31.359
I feel like we have a lot of negative.
00:27:31.680 --> 00:27:33.119
I kind of feel the opposite, by the way.
00:27:33.279 --> 00:27:36.960
We have a lot of negative news, and the market doesn't want to drill down.
00:27:37.039 --> 00:27:38.640
I think it's opposite of what you just said.
00:27:38.880 --> 00:27:40.559
Got here late, you see near exploit.
00:27:40.640 --> 00:27:41.519
Yes, yes, yes.
00:27:41.599 --> 00:27:42.880
I already lost 2k on it.
00:27:42.960 --> 00:27:45.039
I we I already lost money on it.
00:27:45.599 --> 00:27:46.559
We're good off that.
00:27:46.799 --> 00:27:47.839
Yeah, what's the good news?
00:27:47.920 --> 00:27:52.640
In my opinion, everything around us is burning, and the market's like, ah, I'm okay.
00:27:52.880 --> 00:27:55.440
Um, all right, consumer, SAS.
00:27:56.640 --> 00:27:58.640
So uh service now is 4.5.
00:27:58.799 --> 00:27:59.759
Pigma's up four.
00:27:59.920 --> 00:28:07.279
Zay is up three, shove's up 2.2, PayPal's up two, Lulu's up two, MSTR is up one, Cory's up one, Reddit's up 2.5.
00:28:08.079 --> 00:28:09.839
Well, I went back below that emit level.
00:28:09.920 --> 00:28:10.799
Look at this round trip.
00:28:10.880 --> 00:28:11.599
Holy round trip.
00:28:11.680 --> 00:28:12.640
Uh Midbai's here.
00:28:12.799 --> 00:28:13.759
Amit buy's here.
00:28:13.839 --> 00:28:15.440
No, Midbai's here.
00:28:15.759 --> 00:28:17.759
Goes straight up and then straight back down.
00:28:18.559 --> 00:28:20.160
Where's Moncock Maxi?
00:28:20.799 --> 00:28:21.200
I don't know.
00:28:21.359 --> 00:28:27.759
Ash is up one, BMR is up one, Nebi is down 0.3, Hood's up 0.3, Coinbase up 1.23.
00:28:28.000 --> 00:28:29.279
Dumb up is flat.
00:28:29.440 --> 00:28:30.799
Snap is up 0.2.
00:28:31.279 --> 00:28:33.279
Take two is down 0.4.
00:28:34.000 --> 00:28:34.799
Remember this stock?
00:28:34.880 --> 00:28:35.200
Pusa.
00:28:35.680 --> 00:28:38.480
Sweet green's down 1.3, AMC is down 2.5.
00:28:39.039 --> 00:28:40.319
All right, alts.
00:28:40.480 --> 00:28:41.440
Whoa, what was that?
00:28:41.599 --> 00:28:43.119
Kinetics on 25.
00:28:43.519 --> 00:28:46.000
Mega ETH, biggest gain or not what you want to see today.
00:28:46.079 --> 00:28:47.119
It's up 13.
00:28:47.359 --> 00:28:49.279
Pepe's up three, Ave's up three.
00:28:49.519 --> 00:28:50.480
Monad is up two.
00:28:50.880 --> 00:28:52.160
Monad looks insane by the way.
00:28:52.240 --> 00:28:52.799
Look at this chart.
00:28:52.880 --> 00:28:54.079
Three-day monad.
00:28:54.160 --> 00:28:54.480
Gross.
00:28:54.640 --> 00:28:57.440
Above 3.7, nothing but air for as far as the eye can see.
00:28:57.599 --> 00:29:03.279
Um, uh, sky's at 1.5, uni's up 1.5, plasma's up one, tau's up one, abax up 0.5.
00:29:03.599 --> 00:29:08.000
Nedic is down 25%, which is crazy.
00:29:08.240 --> 00:29:09.519
Nier's down seven.
00:29:09.680 --> 00:29:10.480
Where is Amit?
00:29:10.799 --> 00:29:12.559
I don't uh this isn't the admit stream to end.
00:29:12.720 --> 00:29:13.759
Amit's the goat, though.
00:29:13.839 --> 00:29:14.480
Is he not live?
00:29:14.640 --> 00:29:15.440
No, he's not live.
00:29:15.519 --> 00:29:17.119
Yeah, Connect's down 25.
00:29:17.200 --> 00:29:17.680
What happened?
00:29:18.079 --> 00:29:19.039
Kntq.
00:29:19.119 --> 00:29:19.839
What's the problem?
00:29:20.079 --> 00:29:21.519
It's really just down because of an airdrop.
00:29:21.680 --> 00:29:23.279
Because I'm watching your stream because it's not live.
00:29:23.359 --> 00:29:23.759
Welcome.
00:29:23.920 --> 00:29:26.480
It's really just down because of an airdrop is crazy.
00:29:26.720 --> 00:29:27.519
Feels ridiculous.
00:29:27.680 --> 00:29:28.480
It feels ridiculous.
00:29:28.640 --> 00:29:30.720
Anyways, um, let's keep going.
00:29:30.960 --> 00:29:32.480
Uh Zach, not bad.
00:29:32.559 --> 00:29:33.839
Back above 1400.
00:29:33.920 --> 00:29:36.880
It's like the idea of the airdrop, we're kind of done with it.
00:29:36.960 --> 00:29:37.519
Low key.
00:29:37.599 --> 00:29:43.599
Unless you're I mean, there's like a few spots that make sense, but uh I'm over airdrops.
00:29:44.480 --> 00:29:56.799
Chip is down three, layer zero is down three, aerodrome's on 2.5, grass is down 2.5, lighters down 1.5, um, fart coins down one, arb is down one, Venice is also down one.
00:29:57.039 --> 00:29:58.400
Are we going up a New York open?
00:29:58.480 --> 00:29:59.200
Yeah, we are.
00:29:59.359 --> 00:30:02.880
Why are this is the first time we've gone up New York Open in a long time.
00:30:03.119 --> 00:30:06.160
Feels like weeks, but it doesn't matter till 10:30.
00:30:06.319 --> 00:30:07.039
It really doesn't.
00:30:07.119 --> 00:30:08.640
It doesn't matter until 10:30.
00:30:08.880 --> 00:30:11.039
Um, where it wasn't an airdrop high.
00:30:11.279 --> 00:30:12.079
Okay, I'll come back to it.
00:30:12.160 --> 00:30:13.119
I'll focus on it.
00:30:13.279 --> 00:30:14.559
I'm just a little distracted.
00:30:14.720 --> 00:30:15.039
Moment.
00:30:15.200 --> 00:30:16.559
Where are we for October?
00:30:16.720 --> 00:30:18.079
Fed decision October.
00:30:18.319 --> 00:30:20.240
Hike is still down significantly.
00:30:20.400 --> 00:30:25.119
It was at as high as 70% on a hike, is up 34, which is great.
00:30:25.200 --> 00:30:26.240
You fucking love to see that.
00:30:26.319 --> 00:30:28.960
We are sort of going up a New York open, which is scary.
00:30:29.119 --> 00:30:31.839
Um, DRAM is losing it a little bit.
00:30:32.240 --> 00:30:34.960
It is up 0.7 still.
00:30:35.039 --> 00:30:36.079
Mags are still up 0.5.
00:30:36.319 --> 00:30:37.920
IGV is up one in fighting.
00:30:38.079 --> 00:30:40.720
I B is green up 0.14.
00:30:41.200 --> 00:30:44.000
We are nine minutes into open.
00:30:44.240 --> 00:30:46.559
Um, Sotzel definitely goes green up two.
00:30:46.799 --> 00:30:48.319
Q's are up 0.38.
00:30:48.480 --> 00:30:51.519
Um, NASDAQ is flat basically, 0.09.
00:30:51.680 --> 00:30:53.920
They required USCC to claim at 0.26.
00:30:54.000 --> 00:30:54.240
Got it.
00:30:54.319 --> 00:30:54.640
What's it?
00:30:54.720 --> 00:30:55.279
1030.
00:30:55.440 --> 00:31:00.240
Everybody asks me this every day, and I don't really know what happens at 1030, but crypto price actually matters.
00:31:00.400 --> 00:31:03.279
I think Jane Sheep like stops trading at 1030, I guess.
00:31:03.359 --> 00:31:05.200
Um, neo clouds are down 0.23.
00:31:05.440 --> 00:31:06.960
Inphotonics are flat.
00:31:07.119 --> 00:31:08.799
We did not check in on yields.
00:31:08.960 --> 00:31:10.799
30 year is just non-stop.
00:31:11.039 --> 00:31:11.440
Look at this.
00:31:11.599 --> 00:31:13.759
30 year daily is insane.
00:31:14.000 --> 00:31:14.960
I mean, look at this.
00:31:15.119 --> 00:31:16.079
Look at this, bro.
00:31:16.400 --> 00:31:17.200
Look at this.
00:31:17.440 --> 00:31:20.559
Here's the 10 non-stop, and here's the two.
00:31:21.200 --> 00:31:25.039
What I have marked right here is the Scott Bessent line in the sand.
00:31:25.200 --> 00:31:27.839
10 years up 13% since then.
00:31:28.000 --> 00:31:30.559
The 30 year from the line in the sand is up 7%.
00:31:30.799 --> 00:31:32.640
At what point does it start to look good, by the way?
00:31:32.880 --> 00:31:38.640
What point do you start to look at this and you're like, all right, 5.6% every year for 30 years?
00:31:38.880 --> 00:31:39.519
I don't know.
00:31:39.680 --> 00:31:40.720
Am I buying fellas?
00:31:40.960 --> 00:31:42.000
Are we buying bonds?
00:31:42.079 --> 00:31:44.880
Um, meta's up 1.3, pretty strong.
00:31:45.039 --> 00:31:51.279
I I feel as if the dot release was like really underwhelming and it made meta look stronger.
00:31:51.440 --> 00:31:56.079
But I will say that I am using instinct daily now, and it's really good.
00:31:56.240 --> 00:31:57.519
It's really good.
00:31:57.759 --> 00:31:58.559
Meta's up one.
00:31:58.720 --> 00:31:59.279
Where's Google?
00:31:59.359 --> 00:32:01.440
Google's up 0.3, lost it completely.
00:32:01.680 --> 00:32:02.960
Oof, not great.
00:32:03.200 --> 00:32:04.079
Fuck bonds.
00:32:04.160 --> 00:32:04.720
Yeah, I don't know.
00:32:04.799 --> 00:32:06.160
Look, they look decent, brother.
00:32:06.319 --> 00:32:07.039
83.9.
00:32:07.200 --> 00:32:09.119
All right, let's check in on chain.
00:32:09.519 --> 00:32:11.200
Shuffle, 500 mil.
00:32:11.599 --> 00:32:12.079
Not bad.
00:32:12.319 --> 00:32:13.119
Moo is five.
00:32:13.279 --> 00:32:14.160
Well, like it's done.
00:32:14.240 --> 00:32:15.279
It's oh, it's it's zero.
00:32:15.359 --> 00:32:16.240
They zeroed this thing.
00:32:16.400 --> 00:32:17.119
Unbelievable.
00:32:17.279 --> 00:32:17.839
Unbelievable.
00:32:17.920 --> 00:32:19.440
They zeroed this thing out five mil.
00:32:19.599 --> 00:32:20.000
Ansome.
00:32:20.240 --> 00:32:21.599
Wow, on-chain is a disaster.
00:32:21.759 --> 00:32:22.400
140.
00:32:22.559 --> 00:32:23.680
Paid is nine.
00:32:23.920 --> 00:32:25.839
IMD is 25.
00:32:26.559 --> 00:32:27.759
Cape coin.
00:32:28.000 --> 00:32:28.799
Oh my lord.
00:32:28.960 --> 00:32:29.839
57.
00:32:30.160 --> 00:32:31.759
Marscoin 130.
00:32:32.000 --> 00:32:34.720
ECAT, oh my god, 45.
00:32:34.960 --> 00:32:36.799
AI 146.
00:32:36.960 --> 00:32:39.519
Oh, they they they slaughtered it.
00:32:39.599 --> 00:32:40.960
They mauled on-chain.
00:32:41.359 --> 00:32:41.839
Lord.
00:32:42.000 --> 00:32:43.680
We're talking about the 30-year treasury rate.
00:32:43.759 --> 00:32:45.119
Of course, on-chain is cooked.
00:32:45.359 --> 00:32:47.200
Super intelligence 43.
00:32:47.440 --> 00:32:48.960
FWA 15.
00:32:49.279 --> 00:32:50.079
God damn.
00:32:50.319 --> 00:32:52.319
New lie 99.
00:32:52.799 --> 00:32:54.640
Neat 36.
00:32:54.880 --> 00:32:56.880
Pawn's better be down 50%, bro.
00:32:57.119 --> 00:32:58.000
Yeah, it is.
00:32:58.400 --> 00:32:59.039
Actually.
00:32:59.279 --> 00:33:00.400
We buying near now.
00:33:00.480 --> 00:33:00.880
Nah, nah.
00:33:00.960 --> 00:33:02.799
I don't think I'm scared of it.
00:33:03.359 --> 00:33:07.279
You probably should, but 170 on Cash Cat is not bad.
00:33:07.519 --> 00:33:08.319
Also, mask.
00:33:08.400 --> 00:33:09.279
How do you feel about the Don?
00:33:09.519 --> 00:33:10.160
Take Luca?
00:33:10.319 --> 00:33:11.039
Wow, 25.
00:33:11.119 --> 00:33:12.160
Who's that guy who shielded it?
00:33:12.319 --> 00:33:14.559
He shielded at 20 mil, so it's not up that much, to be fair.
00:33:14.720 --> 00:33:16.240
How do you buy that 30-year treasury?
00:33:16.319 --> 00:33:18.079
That's a really good point, by the way.
00:33:18.319 --> 00:33:25.920
You know, maybe if Scott Besson spent some time teaching people how to buy treasuries, because I have actually no idea.
00:33:26.160 --> 00:33:31.599
Instead of hanging out with Jake Paul, we would get some buy pressure and send these yields down.
00:33:31.839 --> 00:33:32.480
Keep it a buck.
00:33:32.799 --> 00:33:35.039
That's shit on Phantom Wallet, bro.
00:33:35.119 --> 00:33:38.640
But all right, I do have some drama to cover, which I know we love drama.
00:33:39.359 --> 00:33:41.759
Um, I guess we could start with war.
00:33:42.000 --> 00:33:44.079
I was told this is a really important clip.
00:33:44.319 --> 00:33:46.559
Didn't know the is Tucker CIA.
00:33:46.640 --> 00:33:48.480
I don't even know what Tucker is anymore.
00:33:48.880 --> 00:33:49.839
Didn't know the risks.
00:33:49.920 --> 00:33:52.480
And once again, I'm in an unusual position because I talked to Trump.
00:33:52.720 --> 00:33:56.640
But you quoted him as waving off the risk by saying it'll all be fine, which could be- Well I know what he said.
00:33:56.799 --> 00:33:58.960
I'll tell you exactly what he said, and I haven't said this, but I'm just gonna tell you.
00:33:59.119 --> 00:33:59.359
Sure.
00:33:59.519 --> 00:34:00.720
And this is a fact.
00:34:00.960 --> 00:34:09.519
And I could look at my calendar, but it was in it was I had flown back from Tel Aviv from Bangkuring Airport after seeing the ambassador, and two days later it was in the Oval with Trump alone.
00:34:09.920 --> 00:34:12.000
And he was an interesting start to this video.
00:34:15.119 --> 00:34:18.880
And I said, You're US as the son of an ambassador, I know what the job entails.
00:34:19.119 --> 00:34:26.880
And your ambassador, your representative to this nation, just called for rearranging the Middle East and allowing Israel to take parts of Saudi Arabia, Jordan, and Syria.
00:34:26.960 --> 00:34:28.239
Like this is a diplomatic incident.
00:34:28.480 --> 00:34:29.760
So we had this whole conversation about this.
00:34:29.840 --> 00:34:36.800
But then I said, This war is not about Iran's nuclear program, which you told me in the world that you eliminated back in last summer in June.
00:34:36.880 --> 00:34:37.360
Yeah.
00:34:37.679 --> 00:34:44.000
This war is By that was a crazy thing that that operation Nighthawk or Black Hawk, what was it called?
00:34:44.079 --> 00:34:49.760
War Warhawk, where they like eliminated the nuclear enrichment program in Iran and we've been going to war over it for eight months.
00:34:50.079 --> 00:34:52.000
Being pushed by Israel with three aims.
00:34:52.079 --> 00:34:52.719
One, it's okay.
00:34:52.960 --> 00:34:55.599
Like, what exactly did they do during June of last year?
00:34:55.760 --> 00:34:56.880
Midnight Hammer, thank you.
00:34:57.039 --> 00:34:59.920
What exactly did they do during Midnight Hammer?
00:35:00.000 --> 00:35:01.679
I mean, did anything get done?
00:35:02.159 --> 00:35:05.760
The whole bit was we successfully eliminated Iran's nuclear enrichment program.
00:35:06.000 --> 00:35:07.119
Well, what the fuck did they do?
00:35:07.280 --> 00:35:10.400
They did nothing regional hegemony, take Iran off the map.
00:35:10.960 --> 00:35:13.840
They don't have freedom of movement as long as Iran is a regional power.
00:35:14.159 --> 00:35:21.679
Two, diminishing the power of the GCC, the six Gulf states, which are arrival to Israel and are becoming this kind of Switzerland of the Middle East, and that's bad for Israeli interest.
00:35:21.840 --> 00:35:26.239
And three, getting the US out of the Middle East because we constrain their ambitions.
00:35:26.400 --> 00:35:28.159
Getting our bases out, destroying our bases.
00:35:28.320 --> 00:35:30.239
Israel wants our bases out of the Middle East.
00:35:30.320 --> 00:35:33.440
I said this to Trump, to his face in the Oval Office days before the war began.
00:35:33.519 --> 00:35:35.840
And he looked at me and said, Yes, you're right.
00:35:36.000 --> 00:35:37.840
But in the end, we all die anyway.
00:35:38.000 --> 00:35:39.039
So it doesn't matter.
00:35:39.199 --> 00:35:40.159
That's exactly what he said.
00:35:40.320 --> 00:35:41.840
In the end, we all die anyway.
00:35:42.239 --> 00:35:43.840
Sounds like Trump to unquote.
00:35:43.920 --> 00:35:44.320
I can't lie.
00:35:44.559 --> 00:35:49.440
And I said to him, shocked, but what about our kids and our grandkids and like our country?
00:35:49.679 --> 00:35:51.280
And he goes, ah, that's a verb.
00:35:51.360 --> 00:35:51.840
That's a verb.
00:35:51.920 --> 00:35:52.159
I don't know.
00:35:52.719 --> 00:35:54.079
That's a verbatim exchange.
00:35:54.320 --> 00:35:56.880
And I said, you're right, days before the war began.
00:35:57.039 --> 00:35:58.159
Our base is out of the Middle East.
00:35:58.239 --> 00:36:01.519
I said this to Trump, to his face in the Oval Office days before the war began.
00:36:02.000 --> 00:36:04.480
And he looked at me and said, Yes, you're right.
00:36:04.639 --> 00:36:06.559
But in the end, we all die anyway.
00:36:06.719 --> 00:36:07.679
So it doesn't matter.
00:36:07.840 --> 00:36:08.880
That's exactly what he said.
00:36:09.039 --> 00:36:10.639
In the end, we all die anyway.
00:36:10.800 --> 00:36:16.000
And I said to him, shocked, but what about our kids and our grandkids and like our country?
00:36:16.159 --> 00:36:18.559
And he goes, Ah, that's a per.
00:36:18.719 --> 00:36:18.960
I don't know.
00:36:20.000 --> 00:36:21.519
Yeah, by the way, where the fuck are they?
00:36:21.599 --> 00:36:23.519
They're in like Tucker's bunker recording this.
00:36:25.199 --> 00:36:26.880
And I said Is that Hunter Biden?
00:36:27.599 --> 00:36:29.440
And I'm and it was God watches, I said that.
00:36:29.519 --> 00:36:29.679
Okay.
00:36:29.760 --> 00:36:31.360
And I think it was what's good.
00:36:32.400 --> 00:36:34.639
I thought it was true then, and I think it's been proven true now.
00:36:34.800 --> 00:36:36.079
The goal was to get the U.S.
00:36:36.159 --> 00:36:43.840
out, to diminish the GCC, and obviously to take Iran off the map and sink it into permanent internal strife, into civil war, sectarian strife.
00:36:44.079 --> 00:36:47.440
Um and he said it doesn't matter because in the end we're all dead anyway.
00:36:47.519 --> 00:36:52.880
And I was shocked by that because it's nihilism, and that's the last thing any leader should display or any person should display.
00:36:52.960 --> 00:36:53.360
It does matter.
00:36:53.679 --> 00:36:53.840
Mr.
00:36:54.079 --> 00:36:54.800
Dyce does matter.
00:36:54.880 --> 00:36:55.519
The future does matter.
00:36:55.840 --> 00:36:58.079
You know how I met Tucker Carlson, by the way?
00:36:58.320 --> 00:36:59.840
I met Tucker Carlson.
00:37:00.079 --> 00:37:01.119
I think I have a picture with him.
00:37:01.199 --> 00:37:02.239
I think I've showed you this before.
00:37:02.400 --> 00:37:03.280
What's his Twitter?
00:37:03.519 --> 00:37:05.599
Uh real Tucker Carlson.
00:37:05.679 --> 00:37:07.360
Why do I know his Twitter off the top of my head?
00:37:07.920 --> 00:37:08.960
What's his Twitter DNA?
00:37:09.280 --> 00:37:09.920
Yeah, here he is.
00:37:10.079 --> 00:37:10.239
Yeah.
00:37:10.960 --> 00:37:13.199
And I asked him to uh to come on the pod.
00:37:13.360 --> 00:37:14.639
He said yes, he never came.
00:37:14.960 --> 00:37:16.800
But he was super nice.
00:37:17.440 --> 00:37:20.079
So I'm kind of conflicted on Tucker Carlson like as a human.
00:37:20.320 --> 00:37:24.320
Because I can't tell, like, like he act he was like a really good guy, and he talked to me.
00:37:24.800 --> 00:37:25.920
That haircut is chopped.
00:37:26.000 --> 00:37:26.800
What do you mean, bruh?
00:37:26.960 --> 00:37:28.719
But he was super cool to me.
00:37:28.800 --> 00:37:30.079
Like he was super nice.
00:37:30.719 --> 00:37:31.920
I told him where I'm from.
00:37:32.159 --> 00:37:36.880
He asked me a couple questions about it, and he was super like uh personable.
00:37:37.199 --> 00:37:45.760
And so I I I was rocking with with big big Tucker, but I feel like he's gotten a little bit just conspiracy lost in the sauce.
00:37:45.920 --> 00:37:47.119
All right, I have another one.
00:37:47.360 --> 00:37:48.960
We're gonna make a new Twitter list.
00:37:49.360 --> 00:37:51.280
Okay, I think this is such a good tweet.
00:37:52.159 --> 00:38:04.480
If this is not how 90%, if this is not 90% of your AI portfolio for the next few years, weighted by how close they sit to POTUS slash v POTUS, you're doing it wrong.
00:38:04.880 --> 00:38:08.159
Such a lit tweet, and I it's actually like a good take.
00:38:08.239 --> 00:38:09.119
I can't lie.
00:38:09.360 --> 00:38:16.559
Um, this was the dinner that happened the other day, and just for context, the closest to POTUS, Mr.
00:38:16.639 --> 00:38:22.800
Trump, I can't believe Vance was invited, is Elon Jensen, Zuck, and Sundar.
00:38:22.960 --> 00:38:29.440
Mark Zuckerberg has obviously become the golden child of AI in the US.
00:38:29.679 --> 00:38:33.840
It happened fast, it happened out of nowhere, happened a little bit aggressively.
00:38:34.000 --> 00:38:35.679
They're the dar the Trump darling.
00:38:35.760 --> 00:38:38.880
Now, what does that mean for meta stock price?
00:38:39.039 --> 00:38:41.119
Unclear, but he's sitting close.
00:38:41.280 --> 00:38:54.079
Next is Director Clayton, who I don't know who that is, and Brad Gerstner, who I didn't realize Brad Gerstner had so much emotion, but Brad Gerstner is in charge of or led the initiative on Trump accounts.
00:38:54.320 --> 00:38:55.679
I believe to be true.
00:38:55.840 --> 00:38:56.159
All right.
00:38:56.239 --> 00:38:57.840
After that, you have V POTUS.
00:38:58.000 --> 00:38:59.280
You have Jeff Bezos Amazon.
00:38:59.360 --> 00:39:01.199
By the way, it's crazy uh CO of Amazon.
00:39:01.280 --> 00:39:01.920
What's what's the name?
00:39:02.079 --> 00:39:02.719
Gets no love.
00:39:03.039 --> 00:39:04.239
Speaker Johnson.
00:39:04.400 --> 00:39:08.159
Next is David Sachs and Satya, which is crazy.
00:39:08.320 --> 00:39:10.320
Sachs got crazy motion.
00:39:10.880 --> 00:39:19.920
Lisa Sue, AMD, and Lutnik, Greg Brockman, OpenAI, and Bessant, Alex Karp and Susie Wilde.
00:39:20.000 --> 00:39:20.559
I don't know who that is.
00:39:20.880 --> 00:39:22.320
White House Chief of Staff, okay.
00:39:22.480 --> 00:39:29.599
Um Chamath, Chairman Andrew Ferguson, um, Palantir and Michael Kratzios.
00:39:30.079 --> 00:39:30.639
Who's that?
00:39:30.960 --> 00:39:36.559
Science Advisor, Jesus, and then Tom Brown, Anthropic, and Will Scarf.
00:39:39.440 --> 00:39:40.000
Which is who?
00:39:40.400 --> 00:39:41.199
White House Counsel.
00:39:41.679 --> 00:39:45.519
Notable miss is Sam Altman, but Greg, I think Greg Brockman's like filling in for him.
00:39:45.760 --> 00:39:50.559
And the most notable thing from this whole thing is that anthropic is at the end of the table on both sides.
00:39:51.119 --> 00:39:53.679
Like completely off both sides.
00:39:53.760 --> 00:39:54.400
It's nuts.
00:39:54.880 --> 00:39:57.199
So yeah, that's why Sam didn't come, got it.
00:39:57.599 --> 00:40:00.880
They got, I mean, they got someone there for Sam, but uh brutally missed.
00:40:00.960 --> 00:40:02.079
Yeah, Sam did TBP.
00:40:02.400 --> 00:40:03.599
Oh, it was open AI Dev Day.
00:40:03.760 --> 00:40:04.800
OpenAI dev day.
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All right, let's cover some quick uh VC drama because it's kind of funny.
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Um it's quick.
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We'll go quick.
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This company right here, this guy Maton, who's the CEO of Factory AI, who I don't know what they do, they make coding agents with the rest of the world.
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This announcement yesterday, and they announced that they are terminating a guy who goes by the name of Chris Degnan for unethical conduct involving cognition.
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A much larger competitor of theirs, Cognition, the makers of Devon, which we know, has fallen behind us on capabilities that matter most to customers, cost, quality, and security.
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Instead of competing, cognition engineers uh feigned interviews with us to pry information about our product.
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Not finding what they're looking for, cognitions decided to throw their weight in money people with direct knowledge of our most confidential plants.
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Yesterday, we made the decision to immediately terminate Christopher Degnan's role as board advisor and advisor to factory after over a year of service.
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Prior to this decision, Chris told me he had a casual conversation with an executive at Cognition AI.
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When I questioned his intentions, he reassured me that ethics aside, we had he had made too much money and was too lazy to go work for cognition, which I trusted and I believed.
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He advised the company.
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So basically, they come out and say that they have terminated this guy from the board because they believe he is using us to give cognition company secrets, and cognition has to do this because they have fallen behind us in the race to win AI.
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Okay.
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This was posted at September 30th, 12 33 p.m.
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September 30th, 128.
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An hour later, Cognition makes a post and says, We're thrilled to welcome Chris Degnan as our chief revenue officer.
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They hire him to help us scale globally and build the future of software.
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One hour later, very famous VC who invested in both companies, by the way, funded Cognition and funded factory AI, which you're not really supposed to do, made a post quote tweeting factory and said, You are a struggle.
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By the way, by the way, this is the guy who funded both.
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So imagine he funded you.
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You get into some beef because you believe a competitor is stealing your company's secrets.
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You get extra tilted because you the company you believe to be stealing your secrets just hired the guy you believe specifically that stole from you.
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And then the VC that funded you goes on Twitter and he put makes a post that says, You are struggling, you are a struggling second-tier competitor that is more unethical and lying just because you have no decency or sense of proper behavior and it shows your desperation.
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I thought would be below even you.
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Below even you, he says to the company that you funded.
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And then Sean McGuire comes out, who is a unrelated VC, but well known, and says, What Cognition doesn't understand is that we are sitting on a nuclear weapon to end them.
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Hopefully, we don't need to use it.
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And so Cognition hires the guy that Factory fired because they believed he was stealing secrets.
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VC that backed them both told factory to go fuck themselves.
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VC, who doesn't back either, says we have a nuclear weapon to end cognition.
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Both sides are out of stalemate, and nobody knows what happened or what's going on or why anyone's fighting with anyone, and no one has made a post about it.
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And even better, for whatever reason, like all these AI media outlets, TVPN, MTS, all these none of these guys are talking about it.
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I don't know if they're like not allowed to or they don't want to, but there was no post about it yesterday.
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And I'm reading this, and I'm like, where's the commentary?
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There's nothing, and so it brings up this interesting um situation that happened where A16Z had this problem where Ben Horowitz was on the board of I think Databricks, and on the board of this FiveTran.
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Okay, no, no, no.
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Ben Horowitz was on the board of Databricks and another partner, Martin Cassado, I think follows me on Twitter.
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I think I know who this is.
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No, he doesn't, but I follow him.
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Um, this Martin Cassado was on the board of FiveTran, who's a competitor, and this is like a huge legal, like you're not allowed to do this, apparently.
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And I think they're getting sued for it, or there was this huge legal situation.
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And this is why you're not allowed to do it because it's like a massive conflict of interests.
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And if there was a dealing of company secrets or sorts going down, this is the type of thing that happens.
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So cognition versus factory versus VC that backed them versus VC that didn't.
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Who's wrong, who's right, nobody knows.
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No one, everyone has bags, no one's allowed to talk about it, and it's pretty wild.
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I'll be back tomorrow, 8 30 a.m.
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EST.
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If you're new here, I love you.
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I appreciate you.
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I thank you for being here.
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We don't miss a day, bro.
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It's just like I don't miss days.
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I just stack stack days.
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Like the New York football jets are gonna stack wins this season.
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I love you.
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I appreciate you.
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You're him.
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See you tomorrow.
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I'm out.