Cryptocurrency is so Back, Thank God for Crypto, I love Crypto の全文書き起こし

00:03:39.520 28-year-old Mark Zuckerberg rang the opening bell from California. 00:03:39.680 --> 00:03:40.319 In a hoodie. 00:03:40.400 --> 00:03:40.960 In a hoodie. 00:03:41.039 --> 00:03:44.560 The crypto bubble continues with Bitcoin at an all-time high of 20%. 00:03:45.199 --> 00:03:46.319 Detail has chosen test. 00:03:46.479 --> 00:03:47.840 Stimulus payments are hitting bank accounts. 00:03:48.319 --> 00:03:50.000 Internet forum called Wall Street Bets. 00:03:50.319 --> 00:03:56.400 Apparently, a new social trading app has taken the world by storm as traders make millions, millions in fluppings. 00:03:56.960 --> 00:03:57.919 What's going on? 00:03:58.479 --> 00:03:59.360 Hey, what's happening? 00:03:59.439 --> 00:04:00.400 Where's everybody going? 00:04:00.560 --> 00:04:03.039 Hey, get back here! Wait, wait! 00:04:11.039 --> 00:04:13.120 Yo yo yo, welcome back to the stream. 00:04:13.280 --> 00:04:14.159 How are y'all doing? 00:04:14.319 --> 00:04:15.439 How are y'all feeling? 00:04:15.759 --> 00:04:18.000 How are you all living? 00:04:18.160 --> 00:04:19.199 Okay, this thing was sick. 00:04:19.279 --> 00:04:20.399 Shout out to everybody involved, man. 00:04:20.560 --> 00:04:23.600 It was a it was an unbelievable process to get this thing done. 00:04:23.839 --> 00:04:26.639 Um, I've never really been on a film set like this before. 00:04:26.800 --> 00:04:28.319 And dude, it was nuts. 00:04:28.480 --> 00:04:30.000 There was like 50, 60. 00:04:30.399 --> 00:04:31.279 How much did it cost? 00:04:31.360 --> 00:04:32.959 I I can't. 00:04:33.120 --> 00:04:36.560 I just I can't. 00:04:36.720 --> 00:04:38.240 Um, there's just no. 00:04:38.639 --> 00:04:47.360 Just just be happy that it exists and it looks beautiful and it's fun to look at because oh my lord. 00:04:47.519 --> 00:04:53.439 Imminent stock market crash October 26th, 2026 through November 9th, 2026. 00:04:53.680 --> 00:04:55.279 My favorite Twitter account is back. 00:04:55.519 --> 00:04:56.399 Lee Gun Wang. 00:04:56.480 --> 00:04:57.680 He's just the best right now. 00:04:57.839 --> 00:05:01.199 Um he quit Twitter after selling Zach. 00:05:01.519 --> 00:05:02.480 He came back. 00:05:02.720 --> 00:05:19.199 Actually, no, he quit Twitter, made like 30 mil, called Paper Trader, came back to call Paper Trader Rug, came back to say I'm bidding, posted a$28 million position, saying there's nothing else to allocate to other than his best idea, which is Zach. 00:05:19.439 --> 00:05:25.199 Posted a$30 million position, and then posted this this morning, which I'm sorry, it's such a sick. 00:05:25.439 --> 00:05:38.319 I I've kind of been saying like, yeah, I've been getting like crypto pilled from first principles, really, which is maybe ridiculous, but I you know, people forget, like, I didn't come to crypto because I was playing illegal poker and buying drugs on the Silk Road. 00:05:38.480 --> 00:05:42.560 I came to the crypto to to flip NBA top shot NFTs. 00:05:42.639 --> 00:05:49.759 Yeah, I

came here for for the the cartoon pictures and then got sort of crypto pilled on reverse, like bottom up, okay? 00:05:49.920 --> 00:05:51.600 Or top down, I don't even know how that works. 00:05:51.839 --> 00:05:53.519 Got crypto pilled reverse. 00:05:53.759 --> 00:06:04.800 And you look around right now and you see what's happening, and you think to yourself, you look at the political situation, you look at the war situation, you look at everything that's going on, and you think to yourself, you know what? 00:06:04.959 --> 00:06:07.439 Thank God an alternative financial system exists. 00:06:07.600 --> 00:06:09.279 Like, forget everything else. 00:06:09.439 --> 00:06:11.759 Thank God Bitcoin is a thing, honestly. 00:06:11.920 --> 00:06:15.759 You look at the hacking exploits that's going on, thank God this exists, truly. 00:06:15.839 --> 00:06:19.279 Look at the the Paraguay thing, which we'll cover in a second here before market open. 00:06:19.519 --> 00:06:21.120 Thank God this shit exists, truly. 00:06:21.279 --> 00:06:30.879 Like, forget the price action for a moment and just thank God crypto exists and core core crypto, alternative financial system, not like oh, crypto app or like rent tech. 00:06:31.279 --> 00:06:33.839 Thank god crypto exists, okay? 00:06:34.160 --> 00:06:37.920 And so the only stuff I've been buying over the last couple months, you were saying the same thing yesterday. 00:06:38.079 --> 00:06:42.319 I know the only thing I'm interested in in saying I'm buying is is really Zach. 00:06:42.560 --> 00:06:49.040 It's basically only been Zach for three, four months, but Zach BTC Monero in wake of the hacking stuff. 00:06:49.120 --> 00:06:57.600 And so Lee Gunway makes this tweet and he says, I don't have a ton of predictions for 2027, aside from one main thesis, which is that cryptocurrencies are fucking back. 00:06:57.759 --> 00:07:04.959 And I'm not the only one feeling that not crypto, not blockchain, not crypto enabled or whatever bullshit. 00:07:05.360 --> 00:07:07.360 Cold ass cryptocurrencies. 00:07:07.519 --> 00:07:11.680 It means we're probably entering a new phase where it's worth taking a shot at Bitcoin. 00:07:11.839 --> 00:07:21.839 The king isn't untouchable anymore, in the sense that it will fade away, but the alternative store of value pie will grow tremendously to ensure against its weakness. 00:07:22.079 --> 00:07:25.759 TBH, nothing else matters to me in 2027. 00:07:26.079 --> 00:07:29.120 Shorten your watch list back to the roots. 00:07:29.279 --> 00:07:35.439 If you want me to be more specific, I believe that Monero flips hype and Zach flips XRP. 00:07:35.600 --> 00:07:37.839 Zach market cap is like 20B, I think. 00:07:38.079 --> 00:07:42.639 20B XRP market cap is 75. 00:07:42.879 --> 00:07:44.000 That's 3x. 00:07:44.079 --> 00:07:45.920 That's kind of weak, but XMR. 00:07:46.160 --> 00:07:47.199 It's a little bit of a weak target. 00:07:47.279 --> 00:07:48.160 I'm gonna be honest. 00:07:48.480 --> 00:07:50.560 Monero is 11 hype. 00:07:50.800 --> 00:07:53.839 FTV is like 70 or something, but Circus 20. 00:07:54.000 --> 00:07:55.600 And so it led to this. 00:07:55.920 --> 00:07:57.199 Um it led to two. 00:07:57.360 --> 00:07:59.439 There's a taeky bo post at the same time. 00:07:59.839 --> 00:08:08.000 I believe Zach will soon eclipse two percent of the market cap of Bitcoin, which will lead to a series of god candles and new highs beyond 2,000 by the end of the year. 00:08:08.160 --> 00:08:11.439 Believe in something, send it higher. 00:08:11.600 --> 00:08:16.399 And then the Cetteris post that I really like um from Delphi. 00:08:16.560 --> 00:08:17.360 Delphi, Delphi. 00:08:17.439 --> 00:08:18.959 I always say it differently every stream. 00:08:19.199 --> 00:08:22.399 And he reads, I don't know when this is from, but intro. 00:08:22.560 --> 00:08:24.480 At its core, this is a Tulip King thesis. 00:08:24.560 --> 00:08:26.480 At its core, crypto is about money. 00:08:26.639 --> 00:08:29.360 The early days were entirely about money. 00:08:29.519 --> 00:08:37.840 Bitcoin was a response to the 2008 banking crisis, and for years, the competitors that followed were essentially trying to be a better version of it. 00:08:38.000 --> 00:08:40.639 The 2017 cycle changed that. 00:08:40.799 --> 00:08:48.240 Investors began funding vers uh visions of decentralized Ubers, the metaverse, and anything else that could sell out an ICO in 10 seconds. 00:08:48.399 --> 00:08:50.960 In 2021, smart contracts and DeFi took center stage. 00:08:51.039 --> 00:08:55.200 L1s were valued on ambitious narratives and metrics like Metcalf's Law. 00:08:55.440 --> 00:09:01.039 DeFi protocols did generate real revenue, but their tokens were often overvalued and captured none of these cash flows. 00:09:01.200 --> 00:09:04.799 We can sum up major cycles as follows. 00:09:05.039 --> 00:09:14.799 One, money, 2017, ideas and ICOs, 2021, L1s and DeFi tokens and current money and cash flows. 00:09:15.039 --> 00:09:18.559 What changed recently is that value accrual became viable. 00:09:18.639 --> 00:09:22.480 In 2021, most teams avoided fee switches and buybacks for regulatory reasons. 00:09:22.720 --> 00:09:24.240 That constraint has loosened. 00:09:24.320 --> 00:09:30.080 The market has rewarded the protocols that pass cash flows to holders, and the rest are being forced to follow. 00:09:30.320 --> 00:09:37.200 At the same time, the basement, privacy, and AI are all bringing alternative stores of value back into the limelight. 00:09:37.440 --> 00:09:44.639 Crypto is returning to its monetary roots while simultaneously adopting equity-like investment standards for tokens. 00:09:44.879 --> 00:09:48.559 This cycle is about money and cash flows. 00:09:48.799 --> 00:09:52.080 We start with money, then cover the top cash flowing. 00:09:52.960 --> 00:09:59.200 I must say, when you look at the current field right now, the alternative money thesis feels it just does. 00:09:59.279 -->

00:09:59.759 I'm sorry. 00:09:59.840 --> 00:10:02.000 It feels as strong as it's ever had. 00:10:02.159 --> 00:10:04.960 Like I feel the most interested in Zach as I ever had. 00:10:05.200 --> 00:10:12.720 And so what happens as a response is one, everybody seemingly everybody on Twitter is long Zach. 00:10:12.879 --> 00:10:15.039 And I have a lot, but I don't have like this irresponsible amount. 00:10:15.200 --> 00:10:18.320 I'm also not like bull roping you here, but I just wanted to talk about Zach. 00:10:18.559 --> 00:10:19.840 Seemingly everybody has Zach. 00:10:20.080 --> 00:10:26.799 And if the people that don't have Zach are on the timeline making some vague tweet about you are hiding in Zach Long's Are You Not. 00:10:27.519 --> 00:10:38.159 And my main takeaway that I think I've just been feeling for a while is that crypto Twitter and and FinTwit is just not really used to be signal. 00:10:39.200 --> 00:10:46.480 Yeah, you can't really get a great gauge of positioning based off of what people tweet on the TL. 00:10:46.559 --> 00:10:48.480 I'm just convinced on this. 00:10:48.639 --> 00:10:50.799 I go back and forth on this and I use it to my advantage. 00:10:50.879 --> 00:10:54.399 Like I'll be like, everybody when I'm bullish, oh my god, everybody's so bearish. 00:10:54.720 --> 00:10:56.559 In trade is up, or vice versa. 00:10:56.720 --> 00:11:01.440 Like, I think people use it to their advantage and they finangle the narrative to fit. 00:11:02.080 --> 00:11:11.519 But at the end of the day, my real takeaway here is that nobody, even the people tweeting about it, have any any anything on Twitter. 00:11:11.600 --> 00:11:16.879 Like, crypto Twitter is not indicative of positioning of these coins, and the people that have coins, they don't have any. 00:11:17.039 --> 00:11:18.399 Lee Gun Wang got some coins. 00:11:18.559 --> 00:11:20.080 MK4 got some coins. 00:11:20.320 --> 00:11:23.200 Once upon a time, Chumba Wamba might have had some coins. 00:11:23.440 --> 00:11:28.000 But these guys that are tweeting like Zec targets just don't have coins, bro. 00:11:28.080 --> 00:11:32.000 They don't, they do not have coins, and it's not something I'm concerned about. 00:11:32.240 --> 00:11:38.399 And I've just kind of given up on CT as a positioning metric. 00:11:38.639 --> 00:11:43.600 Mac D Godd's got a few coins, but I'm not, you know, it's like Mac D Gods. 00:11:43.679 --> 00:11:45.600 I like his his commercial productions. 00:11:45.759 --> 00:11:48.960 What the fuck does he know about store value privacy coins? 00:11:49.120 --> 00:11:53.919 And so I don't know when it's gonna happen, how it's gonna happen, and how this is gonna play out. 00:11:54.080 --> 00:12:04.159 And there's a an argument to be made that we are in the relative death, uh, delayed death, relative strength, delayed death type of thing on Zach, which is holding up. 00:12:04.559 --> 00:12:10.159 But man, I just sit down and I'm grateful it exists in a day like today. 00:12:10.240

--> 00:12:11.120 I don't know what to tell you. 00:12:11.200 --> 00:12:12.480 I'm grateful it exists. 00:12:12.639 --> 00:12:13.759 I don't know what else to tell you. 00:12:13.840 --> 00:12:14.879 I'm grateful it exists. 00:12:15.039 --> 00:12:16.080 I'm thankful it exists. 00:12:16.159 --> 00:12:18.960 And I cannot say the same about most, about most things. 00:12:19.120 --> 00:12:22.639 And speaking of, there's this crazy thing that's happening right now um in Paraguay. 00:12:22.720 --> 00:12:23.600 Have you heard about this? 00:12:23.840 --> 00:12:29.840 More than three million people, which is 60% of Paraguay's adult population, have lost access to everything. 00:12:29.919 --> 00:12:32.639 Their bank accounts, their pensions, frozen, inaccessible. 00:12:32.720 --> 00:12:34.320 I thought this was fake, but it is not fake. 00:12:34.559 --> 00:12:38.240 Paraguay's largest digital bank, um, you know, bank has collapsed. 00:12:38.320 --> 00:12:41.039 The president of the central bank has just resigned. 00:12:41.200 --> 00:12:45.759 Eight high-level executives, including the founder and bank president, are being detained. 00:12:45.919 --> 00:12:50.080 The people have taken to the streets to demand their money back, and rightfully so. 00:12:52.720 --> 00:12:56.320 Dude, I've never seen a bank run before in my life. 00:12:56.399 --> 00:12:57.039 I don't know why. 00:12:57.120 --> 00:13:00.799 I guess SVB happened, but I wasn't really paying attention when that shit happened. 00:13:01.039 --> 00:13:03.279 I've never like witnessed one of this before. 00:13:03.440 --> 00:13:15.039 What I think happened is that they had all these like illegal loans out, like a Mark Walter Laker situation, and it was investigated, deemed illegal. 00:13:15.120 --> 00:13:17.759 They had to return all of this money that they didn't have. 00:13:18.240 --> 00:13:19.120 It went public. 00:13:19.279 --> 00:13:20.639 There's all these fraudulent loans. 00:13:20.720 --> 00:13:23.679 Yeah, they gave out all these loans that they were not supposed to be doing. 00:13:23.840 --> 00:13:28.799 Paraguay's corrupt um right-wing president Santiago Paina was a close U.S. 00:13:28.879 --> 00:13:29.279 ally. 00:13:29.440 --> 00:13:33.679 He oversaw the creation of a digital bank called Uniobank, which the government heavily promoted. 00:13:33.840 --> 00:13:36.480 Two-thirds of Paraguayans use the bank. 00:13:36.639 --> 00:13:38.080 It turns out to be a massive scheme. 00:13:38.159 --> 00:13:40.720 The bank gave out many fraudulent loans and it's probably insolvent. 00:13:40.879 --> 00:13:45.279 When the scandal was exposed, the bank froze access to customer funds, paralyzing the country's economy. 00:13:45.360 --> 00:13:49.360 Uh, Pena resigned mere minutes before lawmakers voted to impeach him. 00:13:49.519 --> 00:13:52.879 And so, yeah, there's fucking shambles about this run. 00:13:53.039 --> 00:13:55.279 You know, you might know about the 2015 Greek bank run. 00:13:55.360 --> 00:14:00.639 By the way, the only bank run I've ever seen is the um what is it, the bank and loan in It's a Wonderful Life. 00:14:00.879 --> 00:14:02.720 Somebody tell me what what they call it. 00:14:03.039 --> 00:14:13.919 The 2015 Greek bank run was a severe liquidity and banking crisis triggered by a breakdown of negotiations between Greece, uh, Greece's left-wing government, and international creditors. 00:14:14.159 --> 00:14:14.639 Crazy. 00:14:14.960 --> 00:14:22.000 Reigning roughly 27.5% of the Greek banking base is insane. 00:14:22.320 --> 00:14:28.080 But so look, this is the daughter of the president of Paraguay savings and loan. 00:14:28.159 --> 00:14:28.879 I don't know if that's right. 00:14:29.120 --> 00:14:30.480 Posted this on our IG story. 00:14:30.720 --> 00:14:34.559 A picture at the gym, her shirt says ETP tax the poor. 00:14:36.080 --> 00:14:38.960 Imagine first of all, I need her. 00:14:39.440 --> 00:14:41.679 Second of all, this is unbelievable. 00:14:41.919 --> 00:14:43.279 Truly unbelievable. 00:14:43.679 --> 00:14:45.600 That is some vile shit. 00:14:45.840 --> 00:14:48.720 I love her, but that's dark, truly dark. 00:14:48.879 --> 00:14:51.120 No community, no, truly dark. 00:14:51.279 --> 00:14:53.679 Dude, I had this thought the other day that I was okay. 00:14:53.759 --> 00:15:06.559 Like, imagine this future where it's like, okay, um, we're basically almost at the point where everybody is using these fucking agents or whatever to do all of their like shopping, access to their bank account, things like this. 00:15:06.720 --> 00:15:09.919 Before long, all in talked about this with the Palo Alto CEO. 00:15:10.159 --> 00:15:17.120 There's gonna be people doing all types of like chargebacks where ten thousand dollars evaporated from my account. 00:15:17.279 --> 00:15:18.559 It wasn't me, it was my agent. 00:15:19.519 --> 00:15:23.120 And ultimately, the bank is gonna blame the the user. 00:15:23.200 --> 00:15:30.240 They're probably gonna say, have some TOS where it's like restricted, you can't let an AI agent authorize bank transactions for you. 00:15:30.320 --> 00:15:39.039 But what's actually gonna happen, what what is actually gonna happen is that it is gonna get really difficult to send money anywhere. 00:15:39.279 --> 00:15:44.480 They're gonna it's gonna get it's like to send ten thousand dollars cash is gonna be like damn near impossible. 00:15:44.799 --> 00:15:45.840 This is this is gonna happen. 00:15:45.919 --> 00:15:51.679 You're gonna be you're gonna be going into the bank to approve a wire for$15,000, like relatively soon. 00:15:51.840 --> 00:15:57.360 You're gonna be going to the bank showing ID the whole thing to send a fucking wire for$5k or whatever. 00:15:57.519 --> 00:15:58.480 It's just like gonna happen. 00:15:58.559 --> 00:15:59.039 I don't I don't know. 00:15:59.120 --> 00:16:00.960 Like I was like walking down the street and I was thinking about this. 00:16:01.039 --> 00:16:02.960 I think about

the sovereign individual and I was thinking about this. 00:16:03.039 --> 00:16:06.559 I'm like, damn, you're not gonna be able to send a fucking wire for 5k. 00:16:06.799 --> 00:16:09.840 My my my Zell limit is$2,500 a day. 00:16:10.000 --> 00:16:12.000 You're not gonna be able to send a fucking wire. 00:16:12.080 --> 00:16:17.440 And you're just gonna think to yourself, there's just gonna be a moment where you're again, you're gonna you're gonna thank your lucky stars. 00:16:17.759 --> 00:16:20.399 God bless cryptocurrency, man. 00:16:20.559 --> 00:16:21.679 Thank God it exists. 00:16:21.840 --> 00:16:24.240 Thank God it exists, is what you're gonna think to yourself. 00:16:24.320 --> 00:16:27.600 You're not gonna be able to send a wire transaction for 5k, you're not gonna be able to do it. 00:16:27.759 --> 00:16:33.200 The 2020 tens to mid-2020s will eventually be looked at as the beautiful era of the internet. 00:16:33.600 --> 00:16:45.759 A remarkable period where the internet was sophisticated enough to facilitate nearly all banking, government services, and commerce, yet AI was still too primitive to seriously undermine our confidence that the world on the other side of the screen was fundamentally human. 00:16:46.080 --> 00:16:52.240 There will be in the years ahead a great reversion to offline services for a lot of high trust banking, government, and commercial functions. 00:16:52.399 --> 00:16:54.960 The good old days of the internet are already behind us. 00:16:55.360 --> 00:16:57.279 It's gonna be it's gonna happen, bro. 00:16:57.440 --> 00:17:02.639 All right, it is Friday, November 6th, 2026. 00:17:02.720 --> 00:17:05.839 I'm not entirely sure how to do this new read, but we'll figure it out at some point. 00:17:05.920 --> 00:17:08.720 But something we do during market open is powered by FOMO. 00:17:08.960 --> 00:17:12.880 The whole thing, stock market open, on-chain market open. 00:17:13.039 --> 00:17:13.839 It's all FOMO. 00:17:14.000 --> 00:17:14.640 I don't know which part. 00:17:14.720 --> 00:17:15.839 Yeah, and I'll work on the on it. 00:17:15.920 --> 00:17:19.200 We'll work on it, but it's all FOMO because it's 9 30 a.m. 00:17:19.359 --> 00:17:19.680 on November. 00:17:25.359 --> 00:17:26.720 Let's go, let's go, let's go. 00:17:26.799 --> 00:17:32.559 Uh the SPY opens up 0.22% on the day. 00:17:32.640 --> 00:17:34.000 I gotta pith chart up. 00:17:34.079 --> 00:17:34.480 It's crazy. 00:17:34.640 --> 00:17:35.599 I gotta get rid of that shit. 00:17:35.680 --> 00:17:36.400 It's disgusting. 00:17:36.480 --> 00:17:37.519 I'm not gonna lie. 00:17:37.759 --> 00:17:41.119 Um, the Q's are up 1.6, Soxel is up 17%. 00:17:41.519 --> 00:17:42.880 It's still lower than where I bought it. 00:17:43.039 --> 00:17:43.839 It is unbelievable. 00:17:44.079 --> 00:17:48.720 IGV is up 0.27, the mag's up 0.9, Jram is up eight percent. 00:17:48.880 --> 00:17:53.039 The NASDAQ 100 is up 2%, the Dow is down a percent. 00:17:53.359 --> 00:17:57.359 Photonic TTF, why is this even on our fucking screen anymore? 00:17:57.519 --> 00:17:59.920 Is up 4.79. 00:18:00.160 --> 00:18:01.279 What happened in Paraguay? 00:18:01.359 --> 00:18:04.000 There is a bank, a bank is insolvent, the biggest bank in Paraguay. 00:18:04.160 --> 00:18:05.119 Neil Kelly's up 10%. 00:18:05.599 --> 00:18:10.240 Um, BTC on the open is 75.6 with a nice little pretty green candle. 00:18:10.319 --> 00:18:13.200 If you're watching on any platform you want to chat, you can just chat. 00:18:13.519 --> 00:18:15.839 ETH 2231, it's flat. 00:18:15.920 --> 00:18:18.160 Hyper liquid is up 2% back to 78. 00:18:18.319 --> 00:18:20.319 Crazy, that's up 2%. 00:18:21.759 --> 00:18:23.839 Wait, does anyone here live in Paraguay? 00:18:23.920 --> 00:18:25.119 Yes, no, yes, no, yes, no. 00:18:25.200 --> 00:18:26.400 Does anyone here live in Paraguay? 00:18:26.799 --> 00:18:28.400 Near is up 1.6%. 00:18:29.680 --> 00:18:30.880 Pump is up for. 00:18:31.759 --> 00:18:33.599 Can you introduce me to the FOMO team and Ben? 00:18:33.680 --> 00:18:34.720 Wouldn't you like to know Ben? 00:18:34.880 --> 00:18:37.519 That's my like most gate-kept intro of all time. 00:18:37.599 --> 00:18:40.319 What exactly do you want me to intro you do my most gate-kept intro for? 00:18:40.559 --> 00:18:48.079 Purr is up 2%, silver is down 0.5, Solana is up a percent, stretch 99.52. 00:18:48.559 --> 00:18:49.680 Uh yields are all up. 00:18:49.759 --> 00:18:54.319 30 year is up 0.2, 10 years up 0.6, and the two years up 1.5%. 00:18:55.359 --> 00:18:59.839 Venice down 1.2, gold is down 1.2, copper is up almost a percent. 00:19:00.000 --> 00:19:01.680 Monero is up almost a percent. 00:19:01.759 --> 00:19:03.519 Wouldn't you like to know, weatherboy? 00:19:03.839 --> 00:19:08.559 XRP is down 2.3 and Zcash 13.16. 00:19:08.799 --> 00:19:10.880 It is unfucking believable. 00:19:11.119 --> 00:19:18.880 Brent is on a percent, crude is flat on the daily defense, Trump stock number one, Palantir is up 2.9%. 00:19:19.599 --> 00:19:24.400 Raytheon's at 1.3, Lockheed's at 1.2, and Northrop is down 1.6. 00:19:24.720 --> 00:19:26.240 All right, big semis, big AI. 00:19:26.319 --> 00:19:27.440 Shaw's is the biggest gainer. 00:19:27.599 --> 00:19:28.000 How about it? 00:19:28.079 --> 00:19:29.039 How fucking about it, man? 00:19:29.200 --> 00:19:35.279 Sharon AI, Australian Neo Cloud, Leopold Ashley Brothers, formerly, not currently formally, held 20%. 00:19:35.759 --> 00:19:36.640 How about it, man? 00:19:36.720 --> 00:19:37.279 How about it? 00:19:37.440 --> 00:19:39.359 22 25. 00:19:39.599 --> 00:19:44.079 I initially purchased my Shaw's shares at 81.76. 00:19:44.400 --> 00:19:45.440 How about it, man? 00:19:45.680 --> 00:19:47.680 Firefly is up 10%. 00:19:48.240 --> 00:19:53.440 Cloudflare is uh what weird price action are they doing in fucking Cloudflare, man? 00:19:53.519 --> 00:19:55.759 Cloudflare is up 10% points. 00:19:55.920 --> 00:20:02.000 AMD is up eight, Bloom Energy

is up seven, Sandis is up seven, but these things do not look like they want to go particularly high. 00:20:02.160 --> 00:20:03.440 We have a whole bunch of what now. 00:20:03.839 --> 00:20:05.440 Mechanical bounces and then what now? 00:20:05.839 --> 00:20:07.359 Mechanical bounces and then what now? 00:20:07.599 --> 00:20:10.160 No, it is not too early to be talking about deck cap bounces. 00:20:10.240 --> 00:20:11.279 It is absolutely not. 00:20:11.440 --> 00:20:13.039 Mechanical bounce, then what now? 00:20:13.279 --> 00:20:15.279 It's like October 11th, 2025. 00:20:15.519 --> 00:20:18.880 Marvell's up seven, Lumentum is up seven, but they're fucking losing it. 00:20:18.960 --> 00:20:20.799 Micron can't even reclaim 700. 00:20:21.039 --> 00:20:22.240 NVIDIA is up six. 00:20:22.319 --> 00:20:23.200 That's that's strong. 00:20:23.440 --> 00:20:33.279 ASML is up six, SpaceX is up six, Intel up six and a half percent to an emphatic fifty-five dollars a share. 00:20:33.599 --> 00:20:42.319 Broadcom is up five, Rocket Lab is up five, Cerebrus, uh Earth Shattering 3.77% green to$84 a share. 00:20:42.559 --> 00:20:44.400 CrowdStrike is up five. 00:20:44.559 --> 00:20:45.359 Uh, what do we got? 00:20:45.440 --> 00:20:56.640 Oracle's up three, Snowflake is up three, RoboStrack is up three, SK Heinex ADR is up three, QCOM is up three, Redwire Palo Alto all up three, Tesla two, Google two, Meta two, Amazon one, Apple is down one. 00:20:56.960 --> 00:21:00.240 Um biggest loser was oh, this is SK Heinex from last night. 00:21:00.559 --> 00:21:02.960 The Korean pair is down 11% last night. 00:21:03.039 --> 00:21:07.920 Netflix is down three, Adobe's down three, IBM is down three, and Microsoft is down one. 00:21:08.480 --> 00:21:10.319 God, Bitcoin's so so chud. 00:21:10.480 --> 00:21:14.960 I know I just did this whole rant about how like thank god Bitcoin exists and shit, but it's fucking it's chud, you know it? 00:21:15.039 --> 00:21:16.160 It's goddamn chud. 00:21:16.319 --> 00:21:17.839 It's it's it's it's it's chud. 00:21:18.079 --> 00:21:23.599 It looks like a chud, it feels like a chud, it tastes like a chud, it moves like a chud, it interacts like a chud. 00:21:23.680 --> 00:21:25.920 Bitcoin is hey, my friend back there thinks you're cute. 00:21:26.240 --> 00:21:28.720 And it's like the friend, it's just like a giant red candle. 00:21:28.960 --> 00:21:29.759 Look at that thing go. 00:21:29.839 --> 00:21:31.039 Look at it, just chud. 00:21:31.359 --> 00:21:32.880 My friend over there thinks you are cute. 00:21:33.200 --> 00:21:35.200 Bitcoin dumping, Zach pumping. 00:21:35.279 --> 00:21:36.000 Not exactly. 00:21:36.400 --> 00:21:40.079 Um, dram still up six, soxol 12. 00:21:40.880 --> 00:21:43.599 Lord, we'll see how this plays shortly. 00:21:43.839 --> 00:21:44.240 Here. 00:21:44.400 --> 00:21:46.480 Um, NeoCloud's consumer SAS. 00:21:46.799 --> 00:21:48.400 I ren because getting up 13. 00:21:48.480 --> 00:21:49.279 Airbnb is up 10. 00:21:49.359 --> 00:21:50.559 Why is Airbnb up 10? 00:21:51.279 --> 00:21:54.000 Airbnb should never be up to Airbnb is so washed, by the way. 00:21:54.240 --> 00:21:55.359 It's like, oh, I got an Airbnb. 00:21:55.440 --> 00:21:55.920 I'm going vacation. 00:21:56.000 --> 00:21:57.039 We're gonna say an Airbnb. 00:21:57.200 --> 00:21:58.960 It's like big bro can't afford the resort. 00:21:59.039 --> 00:21:59.839 Airbnb used to be. 00:22:00.160 --> 00:22:00.400 Bougie. 00:22:00.559 --> 00:22:03.759 Now it's like, why don't you just go stay in the double tree, bruh? 00:22:03.839 --> 00:22:04.880 What do you mean, Airbnb? 00:22:04.960 --> 00:22:05.680 What are you talking about? 00:22:05.839 --> 00:22:07.279 Nebius is up 7.5. 00:22:07.440 --> 00:22:08.960 Correav is up five. 00:22:09.200 --> 00:22:11.200 Hymns is up two, but getting crushed. 00:22:11.359 --> 00:22:12.720 Airbnb is chopped. 00:22:12.799 --> 00:22:13.039 I'm sorry. 00:22:13.200 --> 00:22:14.559 Monthly stays only, but who's doing that? 00:22:14.640 --> 00:22:16.000 I'm not doing monthly stays ever. 00:22:16.240 --> 00:22:17.200 Biggest lose. 00:22:17.519 --> 00:22:19.200 Uh DraftKings? 00:22:19.279 --> 00:22:20.319 Are they okay? 00:22:21.119 --> 00:22:22.319 I think that says 30%. 00:22:22.880 --> 00:22:23.680 What I think that says. 00:22:23.759 --> 00:22:27.279 I'm not uh entirely sure if I read that correctly. 00:22:27.599 --> 00:22:29.680 I got Airbnb right behind the Coliseum in Rome. 00:22:29.759 --> 00:22:30.000 That's sick. 00:22:30.160 --> 00:22:31.359 Damn, I'm hating on Airbnb. 00:22:31.519 --> 00:22:36.640 DraftKings gave a forecast for earnings at 2027 that missed the average analyst estimate. 00:22:36.720 --> 00:22:39.279 We'll also cut against outlook for fiscal 2026. 00:22:39.440 --> 00:22:41.839 Third quarter revenue also fell short of expectations. 00:22:42.000 --> 00:22:46.720 The shares fell 19% in holy Zach, please be good. 00:22:46.880 --> 00:22:48.000 The shares fell 19%. 00:22:48.400 --> 00:22:49.039 What happened? 00:22:49.119 --> 00:22:51.839 The Boston-based sports betting giants. 00:22:51.920 --> 00:22:57.039 He's adjusted earnings before interest tax, depreciation, and da da for fiscal year. 00:22:57.119 --> 00:22:58.559 The company expects revenue. 00:22:58.640 --> 00:22:59.440 Well, what happened? 00:22:59.599 --> 00:23:01.599 They're all in unprediction markets, I guess. 00:23:01.680 --> 00:23:04.240 It's crazy how much more calci is worth than fucking DraftKings. 00:23:04.480 --> 00:23:05.920 It's nuts, truly nuts. 00:23:06.160 --> 00:23:13.039 Um company reported in just a few months we become the clear number three predictions exchanged by total volume. 00:23:13.200 --> 00:23:15.200 I didn't even know that they had a prediction market. 00:23:15.279 --> 00:23:16.160 Thanks, Malcolm. 00:23:16.240 --> 00:23:18.559 Calcium polymarket number one and two, respectively. 00:23:23.200 --> 00:23:24.880 Wow, that's a fucking big number. 00:23:25.039 --> 00:23:26.400 But

anyways, DraftKings is cooked. 00:23:26.480 --> 00:23:27.839 The problem is it's so like commodity. 00:23:27.920 --> 00:23:29.359 Gambling is like so commoditized now. 00:23:29.440 --> 00:23:30.559 Everybody's a fucking casino. 00:23:30.640 --> 00:23:31.920 Who who's the best one? 00:23:32.079 --> 00:23:34.079 Open Door's down 10 is gross. 00:23:34.160 --> 00:23:34.720 It's gross. 00:23:34.799 --> 00:23:36.559 Why is instinct worth more than Nebius? 00:23:36.720 --> 00:23:37.519 That's a good question. 00:23:37.599 --> 00:23:38.079 What's good? 00:23:38.240 --> 00:23:39.039 Recto Pocket. 00:23:39.279 --> 00:23:49.279 Um, Visa's down three and a half, Nike's down three, Ferrari's down three, circle's down two, MSTR is down one, snapchat's down 0.5, Roblox is up 0.7. 00:23:49.599 --> 00:23:50.240 Where's Unity? 00:23:50.319 --> 00:23:51.119 Unity, Unity. 00:23:52.160 --> 00:23:52.640 Up 4%. 00:23:53.039 --> 00:23:53.920 How about it, man? 00:23:54.160 --> 00:23:55.279 What are these days, man? 00:23:55.440 --> 00:23:55.920 Look at that. 00:23:56.079 --> 00:23:56.559 Look at that. 00:23:56.799 --> 00:23:58.000 Zach looking real good. 00:23:58.160 --> 00:23:58.880 God bless. 00:23:59.039 --> 00:24:06.240 God, if I didn't torch$25 fucking thousand dollars yesterday being a complete gambling addict retard, this would feel so much better. 00:24:06.400 --> 00:24:06.960 How about that? 00:24:07.200 --> 00:24:08.960 TG's so entertaining, W stream. 00:24:09.039 --> 00:24:10.000 Thanks, Chrome farts. 00:24:10.400 --> 00:24:12.480 Um, Soxel, okay, cool. 00:24:13.039 --> 00:24:14.960 It wants to keep it, it doesn't want to lose the pump. 00:24:15.119 --> 00:24:17.279 We might actually have a fucking green day today on a Friday. 00:24:17.359 --> 00:24:19.119 Who wants to hold risk in a Friday close? 00:24:19.200 --> 00:24:20.079 Who wants to do it? 00:24:20.240 --> 00:24:22.880 Who wants to hold semiconductor stocks in a Friday close? 00:24:22.960 --> 00:24:23.839 It's my favorite game. 00:24:24.240 --> 00:24:31.039 My favorite game used to be who wants to hold uh semiconductor leverage indexes into uh war weekend. 00:24:31.200 --> 00:24:32.000 It's a fun game. 00:24:32.079 --> 00:24:33.759 I used to love that game. 00:24:34.000 --> 00:24:35.759 Um, the answer was always nobody. 00:24:36.160 --> 00:24:37.119 What a game that was. 00:24:37.200 --> 00:24:37.839 Let's see. 00:24:38.079 --> 00:24:40.400 Um 10% today. 00:24:40.720 --> 00:24:42.400 Uh altcoins. 00:24:42.480 --> 00:24:44.319 Actually, let's let's fucking altcoins. 00:24:44.400 --> 00:24:45.359 How about that? 00:24:45.759 --> 00:24:46.799 Look how clean this is. 00:24:46.880 --> 00:24:47.440 It was everything. 00:24:47.680 --> 00:24:51.519 Biggest gainer is Zcash one, Pepe. 00:24:51.759 --> 00:24:54.480 World Liberty Fi is up to the it's a little. 00:24:54.640 --> 00:24:56.079 We have to work on this change. 00:24:56.160 --> 00:24:57.519 Uh Metaplex is up seven. 00:24:57.599 --> 00:24:58.240 I don't even know what that is. 00:24:58.319 --> 00:24:58.880 Damn near. 00:24:59.039 --> 00:25:00.160 Backpack is up five. 00:25:00.240 --> 00:25:02.160 There's stuff on here I've never I never look at. 00:25:02.240 --> 00:25:02.559 Jesus. 00:25:02.720 --> 00:25:03.920 Meteora is up two. 00:25:04.240 --> 00:25:06.720 Um, we'll get we'll get we'll get my list right. 00:25:06.799 --> 00:25:07.519 Don't even worry. 00:25:07.759 --> 00:25:08.799 Maggie is up one. 00:25:08.960 --> 00:25:09.839 Basically, nothing is up. 00:25:09.920 --> 00:25:10.960 Is anything down bad? 00:25:11.200 --> 00:25:12.559 XRP is down ten. 00:25:12.960 --> 00:25:13.759 Uh go. 00:25:13.920 --> 00:25:15.039 Zora's down six. 00:25:15.200 --> 00:25:15.759 Who cares? 00:25:15.920 --> 00:25:17.359 Oh my god, who cares? 00:25:17.599 --> 00:25:18.319 Who cares? 00:25:18.480 --> 00:25:19.359 Radium's up ten. 00:25:19.599 --> 00:25:20.240 Wow, Zach. 00:25:20.480 --> 00:25:22.640 Wow, they're really just gonna do it to it, huh? 00:25:22.799 --> 00:25:23.759 Well done, man. 00:25:23.839 --> 00:25:24.720 Look at Zach. 00:25:25.039 --> 00:25:27.599 Wow, now's a good time to show my portfolio and fucking. 00:25:27.839 --> 00:25:29.440 I love showing my portfolio when it's green. 00:25:30.160 --> 00:25:34.960 All right, so Elon tweets Softbank owns what 20% of open AI, 15%. 00:25:35.440 --> 00:25:39.119 How much of OAI does SoftBank own? 00:25:39.279 --> 00:25:40.480 10, 13. 00:25:40.880 --> 00:25:41.759 They own 13. 00:25:42.480 --> 00:25:46.079 And so Softbank's been getting crushed with the rest of the trade. 00:25:46.160 --> 00:25:48.960 Hello, first time chat with the rest of the whole trade. 00:25:49.039 --> 00:25:55.039 Um, the so da da da Elon tweets Softbank is defaulting on their turbine orders. 00:25:55.119 --> 00:25:56.720 We should actually probably just yeah, here it is. 00:25:56.880 --> 00:25:58.480 Let me refresh real quick. 00:25:58.720 --> 00:26:00.160 Original post is what? 00:26:00.480 --> 00:26:01.839 Um, okay, okay, okay. 00:26:02.000 --> 00:26:03.359 Announcing the Stargate project. 00:26:03.519 --> 00:26:07.279 Stargate Project's new company which intends to invest 500 billion. 00:26:07.440 --> 00:26:15.920 By the way, with these numbers that we've been talking about, 500 billion when they come out and Softbank is like, we're gonna invest hundreds of millions into open AI's new round. 00:26:16.079 --> 00:26:17.039 What do you mean hundreds of millions? 00:26:17.119 --> 00:26:18.640 What the fuck are we doing with hundreds of millions? 00:26:18.799 --> 00:26:20.640 You're gonna throw two kimchis into the new round? 00:26:20.720 --> 00:26:21.359 What are we talking about? 00:26:21.519 --> 00:26:28.640 It's that AI fucking build out talking about two kimchis, three kimchis, and so Elon replies they don't actually have the money. 00:26:28.960 --> 00:26:30.319 Uh, what's good, Mando? 00:26:30.720 --> 00:26:33.279 January 21st, 2025. 00:26:33.599 --> 00:26:34.640 Malcolm gifting

subs. 00:26:34.799 --> 00:26:37.359 Malcolm gifting subs with my credit card is nuts, by the way. 00:26:37.440 --> 00:26:37.920 It's insane. 00:26:38.079 --> 00:26:41.279 It's like a it's like the circular CapEx spend, by the way. 00:26:41.440 --> 00:26:43.359 Malcolm gifts subs with my credit card. 00:26:43.599 --> 00:26:46.319 Twitch pays me subs or pays me money. 00:26:46.559 --> 00:26:48.400 Money goes back into my bank account. 00:26:48.720 --> 00:26:50.880 Malcolm gifts more subs with my credit card. 00:26:50.960 --> 00:26:52.000 It's like circular financing. 00:26:52.079 --> 00:26:55.200 It's like what uh the NeoClouds and Anthropic Revenue are doing. 00:26:55.440 --> 00:26:56.960 GDP goes up for the whole chat. 00:26:57.039 --> 00:27:01.599 Um, so he tweets on January 21st, 2025, and you can like triple count it. 00:27:01.680 --> 00:27:03.599 Their revenues, my revenue is their revenue is my revenue. 00:27:03.680 --> 00:27:06.960 We can like quad count it and then declare it the greatest business ever. 00:27:07.279 --> 00:27:10.720 Um, it's actually a company card and 60% of it goes straight to Thread's pocket. 00:27:10.799 --> 00:27:11.039 It does. 00:27:11.119 --> 00:27:12.559 It's like my spending money. 00:27:12.799 --> 00:27:15.440 It's like, oh, you like that little you like that Dior bag? 00:27:15.519 --> 00:27:16.559 All right, fuck it, you know. 00:27:16.720 --> 00:27:23.039 So then Elon tweets uh back to back, SoftBank has well under$10 billion secured to have that on good good authority. 00:27:23.200 --> 00:27:36.079 And so this they post this post, quote tweeting this unusual Wales post from yesterday that reads A mystery seller is trying to dump out 500 million in data center loans all at once, days after the midterms raise doubts about many projects. 00:27:36.160 --> 00:27:46.400 The anonymous seller is auctioning a dozen loans, including a$25 million piece of financing for a huge Stargate site in New Mexico, the joint project of OpenAI, SoftBank, and Oracle. 00:27:46.640 --> 00:27:56.880 Oracle has already sent that site's developer a force majeure notice, a legal claim that events beyond its control may excuse it from its obligations. 00:27:57.119 --> 00:27:59.200 So they post this throwback. 00:27:59.440 --> 00:28:00.640 I'm gonna ignore that one. 00:28:00.799 --> 00:28:06.319 And Elon replies Softbank is defaulting on their turbine orders. 00:28:06.480 --> 00:28:08.880 And so he's out for fucking blood right now. 00:28:08.960 --> 00:28:09.599 I'm not gonna lie. 00:28:09.680 --> 00:28:10.640 Any good quotes on this? 00:28:10.880 --> 00:28:11.599 Elon called it out. 00:28:11.759 --> 00:28:14.000 Softbank's defaulting on their turbine orders. 00:28:14.240 --> 00:28:16.880 It's on 44% in a month. 00:28:17.200 --> 00:28:21.119 UConn quo tweet, Zephyr quo tweet, Citrini, everyone's out for this. 00:28:21.359 --> 00:28:23.359 So like everyone is out for this one. 00:28:23.519 --> 00:28:26.240 Didn't see a flood tweet, but everyone is out for this. 00:28:26.319 --> 00:28:27.200 Manda, what do you think? 00:28:27.440 --> 00:28:28.319 You hold any of this stuff. 00:28:28.400 --> 00:28:30.559 I think you maybe liked SoftBank once upon a time. 00:28:31.119 --> 00:28:32.319 But here's where it looks. 00:28:32.400 --> 00:28:33.680 TJ, you're gonna trade on FOMO. 00:28:33.759 --> 00:28:34.559 Yes, I am. 00:28:34.799 --> 00:28:36.160 Yes, I am. 00:28:37.039 --> 00:28:40.960 And so here's our chart, which is just horrifying. 00:28:41.119 --> 00:28:42.319 We shorting SoftBank. 00:28:42.400 --> 00:28:44.799 I mean, I don't even know what you short at this stage. 00:28:45.039 --> 00:28:49.920 Flood, Flood, do you have any take on um you can also DM it to me if you want? 00:28:50.079 --> 00:28:50.720 I can read it out loud. 00:28:50.799 --> 00:28:53.599 Do you have any take on like future force sellers? 00:28:53.680 --> 00:28:54.480 Like, are we done? 00:28:54.640 --> 00:28:55.279 Was that it? 00:28:55.440 --> 00:28:57.039 And was that what the crash was yesterday? 00:28:57.200 --> 00:28:59.039 All that's like walleye and all these funds. 00:28:59.119 --> 00:29:11.680 Like, was it I think there were six or seven funds that either return capital or announced that they were six or seven that announced return capital announced they were shutting down or fired like a whole division. 00:29:12.000 --> 00:29:14.480 Um, give me a take on that if you have it. 00:29:14.720 --> 00:29:17.039 I bought Palantir, that was about it yesterday. 00:29:17.200 --> 00:29:17.680 Let me see. 00:29:17.839 --> 00:29:23.119 We're not near the end of the queue, so I don't see why anyone else who's bleeding but not dead wouldn't just ride it out. 00:29:23.279 --> 00:29:24.799 When do 13F's come out? 00:29:25.039 --> 00:29:25.839 Soon, right? 00:29:26.000 --> 00:29:27.119 Okay, relatively soon. 00:29:27.279 --> 00:29:28.559 The 16th, they were saying. 00:29:28.640 --> 00:29:29.119 Okay, thank you. 00:29:29.279 --> 00:29:35.119 We're not near the end of the quarter, so I don't see why anyone else who's bleeding but not dead wouldn't just ride it out. 00:29:35.519 --> 00:29:36.960 Okay, so correction. 00:29:37.039 --> 00:29:39.200 My math teacher's highest class is calc BC. 00:29:39.279 --> 00:29:39.759 And here's thoughts. 00:29:39.839 --> 00:29:42.559 Everything we've seen in real life points to P not equaling MP. 00:29:42.720 --> 00:29:46.079 People have been trying for decades to find fast ways to solve these hard problems, and nobody's ever done it. 00:29:46.160 --> 00:29:48.319 No matter how many times people try, that problem stays just as hard. 00:29:48.400 --> 00:29:51.039 So his short answer is no, P does not equal MP. 00:29:51.200 --> 00:29:53.039 Tula, let me cover this real quick. 00:29:53.200 --> 00:30:00.480 Um, those pace that it detected unauthorized access to November 3rd to the system power against branded cards, exposing customer information. 00:30:00.720 --> 00:30:02.079 Dumb ad mad

teacher. 00:30:02.240 --> 00:30:03.599 Dumb ass mad teacher, bruh. 00:30:03.839 --> 00:30:05.359 Calc PC attake. 00:30:05.519 --> 00:30:07.039 Containment began within two hours. 00:30:07.200 --> 00:30:11.200 Funds were not affected, and its enterprise white label platform is not a hit. 00:30:11.279 --> 00:30:11.839 Nah, I'm trolling. 00:30:12.160 --> 00:30:14.480 Hey, shout out to your teacher for sitting down and answering that question. 00:30:14.640 --> 00:30:15.359 That's a tough. 00:30:15.680 --> 00:30:18.000 But nobody's been able to prove that P doesn't equal MP either. 00:30:18.079 --> 00:30:19.119 So we can't prove that. 00:30:19.359 --> 00:30:21.599 Is there a way to prove P doesn't equal MP? 00:30:21.759 --> 00:30:24.559 He doesn't think P equals MP, but he believes there could be some way that it's true. 00:30:24.640 --> 00:30:25.599 Maybe the answer is out there somewhere. 00:30:25.680 --> 00:30:27.599 He just doesn't think we humans are meant to find that answer. 00:30:27.680 --> 00:30:29.200 It might be beyond what we're able to figure out. 00:30:29.279 --> 00:30:30.240 So we'll probably never know for sure. 00:30:30.319 --> 00:30:31.839 We can assume P doesn't equal MP. 00:30:31.920 --> 00:30:33.200 Yeah, AI coming for this job. 00:30:33.279 --> 00:30:34.160 I'm not gonna lie. 00:30:34.319 --> 00:30:35.440 AI coming for it. 00:30:35.680 --> 00:30:37.200 Fate uh math teacher, huh? 00:30:37.359 --> 00:30:38.720 Trying to be introspective and shit. 00:30:38.880 --> 00:30:39.279 Alright. 00:30:39.519 --> 00:30:40.720 That stock market open. 00:30:40.880 --> 00:30:41.440 Pretty good one. 00:30:41.519 --> 00:30:43.359 Um, Fla, what'd you get in your ACT? 00:30:43.440 --> 00:30:44.880 Also, Mando, what'd you get in your ACT? 00:30:44.960 --> 00:30:46.160 Chat, whatever we get in our ACT. 00:30:46.319 --> 00:30:47.119 Humans aren't meant for the answer. 00:30:47.200 --> 00:30:48.160 It's hilarious, by the way. 00:30:48.319 --> 00:30:49.440 Maybe we're just not meant to know. 00:30:49.519 --> 00:30:53.759 Ah, if I come back here and you're still working construction, uh, 32. 00:30:54.000 --> 00:30:55.279 Yeah, good teacher, man. 00:30:55.440 --> 00:30:56.079 33? 00:30:56.160 --> 00:30:57.119 You all lying like shit. 00:30:57.200 --> 00:30:58.720 No one got you're not getting 34. 00:30:58.799 --> 00:30:59.680 21, thank you. 00:30:59.920 --> 00:31:01.440 Whoever said 21, thank you. 00:31:01.680 --> 00:31:03.039 15, Jesus, man. 00:31:03.119 --> 00:31:03.920 I wouldn't said that. 00:31:04.079 --> 00:31:04.799 20 flat? 00:31:04.960 --> 00:31:06.000 Jesus, fuck, dude. 00:31:06.160 --> 00:31:07.200 Yeah, 20. 00:31:07.599 --> 00:31:10.000 Don't think of you like 15 for writing your name down. 00:31:10.160 --> 00:31:11.279 15, bro. 00:31:11.519 --> 00:31:12.160 Jesus. 00:31:12.319 --> 00:31:14.240 38, 55. 00:31:14.880 --> 00:31:16.079 Um, all right. 00:31:16.240 --> 00:31:20.640 Jason Galicanis, the trader, did come out and called bottom. 00:31:20.799 --> 00:31:23.920 And he said this generational moment to buy. 00:31:24.319 --> 00:31:24.559 Why? 00:31:24.640 --> 00:31:25.119 Let me explain. 00:31:25.200 --> 00:31:29.200 In under 60 seconds, the game on the field for team blue. 00:31:29.440 --> 00:31:35.680 First, the Democrats aren't as radical as the G O P painted them, just like MAGA isn't as bad as the Dems painted them. 00:31:36.079 --> 00:31:37.200 MAGA wasn't great. 00:31:37.359 --> 00:31:46.079 Second, the Democrats can't win long term if they kill the markets, aka the AI trade, with regulations, taxes, and vilifying the job creators. 00:31:46.160 --> 00:31:47.599 I think this is valid. 00:31:48.319 --> 00:31:57.680 Um, it's critical that we support moderates and democratic party and steer the rest of Team Blue towards being pro-capitalism, aka pro-jobs and economic growth. 00:31:58.000 --> 00:32:03.279 The last thing the Democrats want is to be associated with tanking people's 401ks and causing layoffs and recessions. 00:32:03.599 --> 00:32:04.960 Reasonable post, I suppose. 00:32:05.119 --> 00:32:07.200 Chris Camillo's take on this is 100% correct. 00:32:07.279 --> 00:32:07.680 Let me see. 00:32:07.839 --> 00:32:09.680 What did you say, Chris Camillo? 00:32:09.839 --> 00:32:10.640 Chris Camillo. 00:32:10.720 --> 00:32:11.440 We should bring him back on. 00:32:11.519 --> 00:32:12.240 I miss this guy. 00:32:12.319 --> 00:32:16.480 How many days of the market figures out blue states will be just as willing to accommodate data center expansion as red states? 00:32:16.559 --> 00:32:19.279 Just with tighter restrictions about electricity, water, pollution, and labor. 00:32:19.440 --> 00:32:23.680 Restrictions will likely end up with everywhere, regardless of politics. 00:32:23.920 --> 00:32:25.279 This is where we get rich. 00:32:25.440 --> 00:32:28.640 The more rational the sell-off gets, the more bloom energy I buy. 00:32:28.880 --> 00:32:32.000 The problem is this is just fucking expensive, dude. 00:32:32.240 --> 00:32:33.359 This is expensive. 00:32:33.440 --> 00:32:35.519 Like paying for every also Bitcoin. 00:32:35.599 --> 00:32:36.799 Cool, it doesn't want to go yet. 00:32:37.039 --> 00:32:39.359 This is like, okay, you're gonna subsidize everything. 00:32:39.519 --> 00:32:40.000 What happens? 00:32:40.160 --> 00:32:40.880 What happens then? 00:32:41.119 --> 00:32:41.759 Now what? 00:32:42.000 --> 00:32:50.960 I also think it's a little bit generous to just think um the Democrats also want AI trade, i.e., they want to just spam data centers everywhere. 00:32:51.119 --> 00:32:52.640 Like, I don't know if that's exactly true. 00:32:52.720 --> 00:32:54.240 They're trying to win a fucking election, bro. 00:32:54.400 --> 00:32:56.799 Think about it, they're just they're trying to win an election. 00:32:57.200 --> 00:33:04.160 It's not exactly like spamming data centers has has worked out super well for the general people here because look at what just happened to midterms. 00:33:04.960 --> 00:33:10.319 It wasn't exactly like spamming the AI trade like worked out super well for the Republicans. 00:33:10.559 --> 00:33:13.039 It's not exactly clear to me that that happened. 00:33:13.440 --> 00:33:17.440 So why would it be clear they would be forced to still do it on on the left? 00:33:17.920 --> 00:33:18.799 I I don't know. 00:33:18.880 --> 00:33:20.720 I'm not sure that I understand that exactly. 00:33:21.039 --> 00:33:22.640 They just have to create jobs, bro. 00:33:22.960 --> 00:33:24.640 Everybody hates there's nobody likes them. 00:33:25.200 --> 00:33:26.559 Everybody hates them, nobody likes them. 00:33:26.880 --> 00:33:27.759 Everybody hates them, dude. 00:33:27.920 --> 00:33:29.759 You should see what they did in my fucking hometown, man. 00:33:29.839 --> 00:33:31.359 They disgraced where I grew up. 00:33:31.839 --> 00:33:38.480 Filled it with fucking so I could run, so I could run Muse Spark or whatever, Gemini Spark or some fucking bullshit. 00:33:38.640 --> 00:33:43.599 So I can run um Opus 5 or it's just like they disgraced it, man. 00:33:44.000 --> 00:33:45.039 Completely disgraced it. 00:33:45.599 --> 00:33:46.720 Just disgraced it. 00:33:46.960 --> 00:33:48.079 Um, I love you to death. 00:33:48.160 --> 00:33:48.559 I appreciate you. 00:33:48.640 --> 00:33:52.880 If you're new here, I'm live every morning at 8 30 AM E S T. 00:33:53.200 --> 00:33:54.240 I'll be back on Monday. 00:33:54.400 --> 00:33:55.920 I love you, I appreciate you. 00:33:56.160 --> 00:33:56.960 Happy Friday.