The Internet War, Fake Pokemon are Everywhere, and Mert Explains AI Hacking의 전체 녹취록

--> 00:04:02.960 Everybody's in costumes, everyone's dressed up, everyone's drinking, everyone's going hard, everyone's cheering. 00:04:03.199 --> 00:04:05.439 Usually I'd be like, no, like I want a table. 00:04:05.599 --> 00:04:06.800 Get these people away from me. 00:04:06.960 --> 00:04:08.080 Now I'm like, fuck it. 00:04:08.240 --> 00:04:11.039 I'm going to the middle of the parade and it was electric. 00:04:11.280 --> 00:04:14.719 I'm so bullish on like communal outdoor activities. 00:04:14.800 --> 00:04:15.520 It's so bad. 00:04:15.759 --> 00:04:16.079 But no. 00:04:16.160 --> 00:04:17.680 All right, let's just start with the world's over. 00:04:18.000 --> 00:04:19.680 Um, AI or real. 00:04:19.920 --> 00:04:20.160 Go. 00:04:20.240 --> 00:04:20.560 Guess. 00:04:20.720 --> 00:04:21.279 AI or real. 00:04:21.519 --> 00:04:21.759 Obviously. 00:04:22.000 --> 00:04:22.720 AI or real. 00:04:22.879 --> 00:04:24.879 We're gonna do like an we're gonna do like a is it cake? 00:04:25.120 --> 00:04:26.480 AI or Reel costume. 00:04:26.720 --> 00:04:27.439 AI or Real. 00:04:27.680 --> 00:04:31.519 If you're wondering what this is, this is uh Aliyah's I don't even know how to say her name. 00:04:31.680 --> 00:04:33.199 Birthday gangbang visual. 00:04:33.439 --> 00:04:34.160 AI or real. 00:04:34.399 --> 00:04:35.439 Lady X, what's good? 00:04:35.600 --> 00:04:36.319 AI or real. 00:04:36.720 --> 00:04:40.160 Um, yeah, it's AI, it's AI, and everybody's cooks. 00:04:40.720 --> 00:04:41.279 Straight up. 00:04:41.439 --> 00:04:43.040 The images AI generated. 00:04:43.279 --> 00:04:48.319 I've stared at this image for 20, 25 minutes, and I I can't tell you how where. 00:04:49.040 --> 00:04:49.680 Genuinely where? 00:04:49.839 --> 00:04:50.560 Open image and news. 00:04:50.879 --> 00:04:55.439 I've stared at this for 20 minutes, and there's always people in the comments that are like, obviously AI. 00:04:55.680 --> 00:04:56.079 Where? 00:04:56.160 --> 00:04:59.439 You should you tell me where where in the AI is this? 00:04:59.680 --> 00:05:00.639 Genuinely where? 00:05:00.800 --> 00:05:01.279 Nowhere. 00:05:01.439 --> 00:05:02.720 What's what is the sign? 00:05:02.959 --> 00:05:04.240 Everything in this looks real. 00:05:04.480 --> 00:05:05.759 Bookshelf looks AI. 00:05:05.839 --> 00:05:06.240 How? 00:05:06.399 --> 00:05:07.040 Bookshelf? 00:05:07.279 --> 00:05:07.519 No. 00:05:07.759 --> 00:05:11.040 Cables look good, paintings look good, jackets look good. 00:05:11.279 --> 00:05:14.319 Hand, five- one, two, three, four, five. 00:05:14.480 --> 00:05:16.959 I mean, you could argue maybe a little bit, but it's blurry. 00:05:17.199 --> 00:05:19.040 Shape is not impossible. 00:05:19.199 --> 00:05:22.000 Stuff that bitch with with styrofoam, bro. 00:05:22.160 --> 00:05:27.680 Hand looks fine, thumb looks good, styrofoam cardboard in the what are we calling these? 00:05:27.759 --> 00:05:28.480 The flow chart. 00:05:28.720 --> 00:05:30.639 Floor tiles look good everywhere. 00:05:30.879 --> 00:05:32.480 Crack in the door, dust. 00:05:32.560 --> 00:05:33.839 It's a little dirty, maybe. 00:05:34.079 --> 00:05:36.079 Jackets, purse, hat is good. 00:05:36.240 --> 00:05:37.040 A little weird here. 00:05:37.279 --> 00:05:38.959 Hat and the purse are like a little bit weird. 00:05:39.120 --> 00:05:39.519 Cooked. 00:05:39.680 --> 00:05:40.480 Completely cooked. 00:05:40.639 --> 00:05:42.000 Wall shadow, but I don't know. 00:05:42.079 --> 00:05:42.800 The lighting is weird. 00:05:42.959 --> 00:05:43.759 Window is good. 00:05:43.920 --> 00:05:44.480 Cooked. 00:05:45.519 --> 00:05:46.800 We've hit it straight up. 00:05:46.959 --> 00:05:51.920 There was a there was a while where you maybe had to pause and think, is this AI? 00:05:52.240 --> 00:05:56.480 And I decided at that moment we had an existential problem. 00:05:56.639 --> 00:05:57.839 But you could at least figure it out. 00:05:58.000 --> 00:06:05.920 Like, okay, the fact that you have to pause and look and feel it is scary and alarming and but fine. 00:06:06.079 --> 00:06:12.959 But the fact that I, who I think has a pretty good vibe for what's real and what's not, or I think I'm relatively sharp. 00:06:13.040 --> 00:06:14.480 If I can't figure it out, it's over. 00:06:14.639 --> 00:06:16.319 I'm I'm like the barrier. 00:06:16.480 --> 00:06:18.879 I'm like the uh I'm the example. 00:06:19.040 --> 00:06:19.360 Okay. 00:06:19.439 --> 00:06:22.879 If I if I can't figure it out, the whole wrap it up. 00:06:23.120 --> 00:06:24.959 Wrap it up, it's over. 00:06:25.279 --> 00:06:30.720 Existing trust on the internet is about to become giga, giga, giga valuable. 00:06:30.959 --> 00:06:32.399 Gene Phil looked real to me too, bro. 00:06:32.480 --> 00:06:34.480 Gene Phil still looks real real to me. 00:06:34.639 --> 00:06:36.079 This thing still looks real to me. 00:06:36.160 --> 00:06:38.639 I I'm still not convinced this fucking thing isn't real. 00:06:38.879 --> 00:06:42.319 I'm still not convinced that this this this fellow isn't real. 00:06:42.560 --> 00:06:43.279 Straight up. 00:06:43.439 --> 00:06:44.240 I mean, I don't know. 00:06:44.319 --> 00:06:45.519 I'm still not convinced this isn't real. 00:06:45.600 --> 00:06:52.720 So, anyways, I saw this weekend and I genuinely just could not believe my eyes that they wanted to tell me that this is AI, but it was and it is. 00:06:53.120 --> 00:07:11.839 And um, before we get into Tucker Carlson saying the world is gonna get nuked, let's do a follow-up on our PSA Pokemon card segment really quick, because we're gonna be doing a lot of war today, and let's just get some let's get like a fun Doomer topic out of the way to start us off. 00:07:12.079 --> 00:07:12.399 Okay. 00:07:12.639 --> 00:07:13.439 Um, all right. 00:07:13.680 --> 00:07:23.759 Last week, the story of the week was there was a million-dollar heist on a FedEx truck containing Pokemon card PSA slabs. 00:07:24.000 --> 00:07:34.319 Okay, we still have no

resolution on what they are going to do with it, but we do have a new story, which is that there is an epidemic of fake PSA slabs being sold. 00:07:34.399 --> 00:07:53.199 It has finally been brought to light on a massive sale, and now all of a sudden, everybody has no idea, no calculation of just how much of the Pokemon card underbelly, sports card underbelly, PSA underbelly is driven by fake slabs, and that is what you would call a massive problem on our hands. 00:07:53.279 --> 00:08:09.519 So here's what happened Um, about a week ago, this card right here, 2002 Pokemon Expedition Dragonite Hollow, Gem Mint 10, sold on a Fanatics auction for$288,000 with 19 bids. 00:08:09.680 --> 00:08:13.360 Looks like another routine sale, the way that vintage Pokemon is moving. 00:08:13.519 --> 00:08:15.199 Nothing too crazy about it. 00:08:15.360 --> 00:08:21.920 However, immediately after this sale, there's this post made on the Pokemon TCG. 00:08:22.480 --> 00:08:32.240 Okay, and the post reads as such How is it possible that a card I submitted to PSA got sold on Fanatic Fanatics? 00:08:32.320 --> 00:08:36.159 The Dragonite from Expedition Base set is my all-time favorite card for a while now. 00:08:36.240 --> 00:08:39.759 I'm owning a PSA 1 and PSA 10 set of this card, as you can see here. 00:08:40.000 --> 00:08:48.480 I've just noticed that a PSA 10 with my specific serial number was allegedly sold on Fanatics on October 23rd. 00:08:48.639 --> 00:08:53.600 Since I personally sent this card to PSA and kept it since then, that is absolutely impossible. 00:08:53.840 --> 00:08:58.000 The card is shown in my image, the card shown in the image is definitely not mine. 00:08:58.399 --> 00:08:59.679 The hollow effect is different. 00:08:59.759 --> 00:09:01.919 Also, the lettering doesn't look correctly formatted. 00:09:02.080 --> 00:09:06.240 In my image of the set, you could see that the PSA logo is always aligned with the O and the word hollow. 00:09:06.399 --> 00:09:10.879 This is the case for all of my cards, except for the one that was sold. 00:09:11.120 --> 00:09:18.080 I genuinely believe someone has purchased a fake slab for$288,000. 00:09:18.720 --> 00:09:19.039 Okay. 00:09:19.200 --> 00:09:25.440 And so what happened is somebody went on Fanatics, they sold a PSA 10 Dragonite with this exact serial number. 00:09:25.600 --> 00:09:32.399 Somebody saw it and said, Uh, I have that exact same serial number. 00:09:32.639 --> 00:09:37.440 And it drove this thing into a pretty massive scandal. 00:09:37.679 --> 00:09:48.399 And so it brings us to this, which is that it is not the first time this has happened, and there's sort of this Cambrian explosion of fake cards being sold. 00:09:48.559 --> 00:09:57.519 And so this happened recently on this tweet, which is a ton of fake slabs are circulating on all the major platforms, including eBay, Alt, and Fanatics. 00:09:57.600 --> 00:10:02.080 There's a PSA 10 legendary collection Gyarados that sold on Ryan's cardhouse

that was also deemed fake. 00:10:02.159 --> 00:10:03.840 Apparently, Group of Europe is responsible. 00:10:04.080 --> 00:10:05.840 Do your due diligence. 00:10:06.080 --> 00:10:18.320 The only way that they were able to determine that these were fake is that there's a QR code on the back of a PSA graded slab that is supposed to take you to the official card almost as sort of a verification. 00:10:18.639 --> 00:10:24.879 The problem is you can recreate the QR code and take it to the same URL. 00:10:25.200 --> 00:10:38.799 But in this recent batch of fake cards, whoever was responsible for doing the duplicating put on a bad link that added this like preview weird URL, and people were able to figure out that it was fake. 00:10:38.879 --> 00:10:42.799 But the only reason they're able to figure out figure out it was fake is because it was a user error. 00:10:42.960 --> 00:10:46.960 Like the retard who was doing the faking fucked it up. 00:10:47.200 --> 00:11:08.000 And so it brought me to this story that I found on the internet where in January, this guy by the name of Anthony Cercio was convicted of wire fraud and conspiracy to commit wire fraud for his involvement in the year, multi-year-long scheme to sell fake Pokemon in sports trading cards defrauding buyers out of more than two million dollars. 00:11:08.240 --> 00:11:09.120 Two million dollars. 00:11:09.360 --> 00:11:22.559 January 28th, he was convicted um for trade for selling trading cards with forged grades allegedly issued by professional sports authenticator, aka PSA. 00:11:23.200 --> 00:11:28.240 And so all of a sudden, we sort of have a massive problem on our hands, okay? 00:11:28.559 --> 00:11:43.039 Because basically what is happening is people are going on eBay or whatever, they're finding a real card that is graded from PSA, they're copying the certification, like the the text, the images, the QR code. 00:11:43.279 --> 00:11:46.240 They're getting one of the real cards ungraded. 00:11:46.320 --> 00:11:55.600 They're figuring out how to finangle it in the slab, doing a little but a bang, but a boom, and they're shipping these off as real cards. 00:11:55.759 --> 00:12:00.559 The bigger problem is that there's really no clear way to solve this. 00:12:00.799 --> 00:12:16.159 And so you go to these card shows, and people who are not super experienced in the hobby are looking around, and the cards look real, they feel real, and we now have no idea how much product has moved through these Pokemon card shows that are fake. 00:12:16.320 --> 00:12:26.559 This is a monster because the entire industry,$15 billion of market cap, is dependent on the reliability and the trust that PSA has with the hobby. 00:12:26.799 --> 00:12:39.759 And so you add a dark horse zoom narrative like this in the middle of a blow off the top market in Pokemon, and all of the sudden you think to yourself, uh now what happens? 00:12:39.919 --> 00:12:43.840 So developing story, one that we are going to be following. 00:12:43.919 --> 00:12:46.720 But if you are buying cards right now, be careful. 00:12:46.879 --> 00:12:50.000 Um, all right, let's get into doom and gloom for the day. 00:12:50.240 --> 00:12:57.679 Um, under pressure from Israeli Prime Minister Benjamin Netanyahu, the Trump administration may be within days of launching a nuclear strike on Iran. 00:12:57.840 --> 00:13:05.759 Um, the target would be Pickaxe Mountain in central Iran, where Israeli intelligence claims the Iranian government has restarted its nuclear enrichment program. 00:13:06.000 --> 00:13:12.480 No conventional weapon in the American arsenal can penetrate 300 feet of solid granite to destroy the tunnels where enrichment is supposedly taking place. 00:13:12.639 --> 00:13:14.559 The only military option is a nuclear strike. 00:13:14.799 --> 00:13:16.559 Netanyahu's been pushing hard for one. 00:13:16.720 --> 00:13:20.960 BB calls Trump about it every day, says an informed advisor. 00:13:21.200 --> 00:13:23.039 Netanyahu is concerned and desperate. 00:13:23.120 --> 00:13:33.679 After last week's election results, he can't form a government unless Trump intervenes directly in Israeli politics and brokers a deal with other parties that gives Netanyahu 61 seats. 00:13:33.840 --> 00:13:39.840 Otherwise, he is out as the prime minister and on his way to investigations and possibly jail. 00:13:40.000 --> 00:13:43.919 Netanyahu must stay close to Trump. 00:13:44.480 --> 00:13:45.679 He needs this war. 00:13:45.840 --> 00:13:47.279 Pickaxe Mountain is crazy. 00:13:47.440 --> 00:13:56.639 To that end, he's applied maximum pressure to his closet allies in the administration, including the Secretary of Defense Pete Hegseth, and CENTCCOM commander Brad Cooper. 00:13:56.799 --> 00:14:01.840 Both oppose a negotiated settlement to the war they've so grievously mismanaged. 00:14:02.000 --> 00:14:05.919 Both are pushing to restart major combat operations. 00:14:06.080 --> 00:14:11.279 Secretary of State Marco Rubio and CIA director John Ratcliffe are also following Netanyahu's lead. 00:14:11.360 --> 00:14:17.440 As our former leaders uh as our leaders of the Democratic Party, um, we're not gonna read this whole thing. 00:14:17.600 --> 00:14:18.159 Let's see. 00:14:18.320 --> 00:14:22.240 Close observers say Trump is likely to decide by next week whether or not to use nuclear weapons. 00:14:22.399 --> 00:14:24.639 That would be November 7th, six days from now. 00:14:24.799 --> 00:14:26.799 To his credit, he's hesitating. 00:14:26.960 --> 00:14:37.200 At the moment, Trump is listening to his vice president JD Vance and his envoy and friend Steve Witkoff, both of whom agree a deal with Iran can be made. 00:14:37.360 --> 00:14:38.320 They're right though. 00:14:38.399 --> 00:14:39.279 It won't be simple. 00:14:39.440 --> 00:14:52.399 The Iranians are famously frustrated to negotiate with under any circumstances, and elements of that government have become more radical since the Ayatollah and his family

were killed in February. 00:14:52.639 --> 00:14:59.759 After decades of isolation, even remotely moderate Iranian leaders seem confused by how decisions are made in the West. 00:15:00.159 --> 00:15:10.320 But overall, people have spoken to people who have spoken to decision makers in Iran say there was consensus that more war is bad for everyone and a deal is worth making. 00:15:10.559 --> 00:15:16.000 So, all right, I don't know much about uh, I don't know, nuclear war odds here. 00:15:16.720 --> 00:15:25.440 I would say that that is about as close to a peak fear monger that you could possibly get to. 00:15:25.600 --> 00:15:29.519 Okay, 25 minutes ago or so, this came out as sort of a counter. 00:15:29.600 --> 00:15:33.759 Um, the Iranian president, Supreme Leader has granted the government certain authorities regarding negotiations. 00:15:34.080 --> 00:15:35.919 War will not force Iran to surrender. 00:15:36.080 --> 00:15:39.919 Iran is committed to dialogue, doing the best to get this market to stop bleeding. 00:15:40.000 --> 00:15:48.399 I do think if there's a real serious peace proposal and ceasefire post midterms, regardless of the red slash blue wave, the market will like it. 00:15:49.039 --> 00:15:52.879 The question is if we actually get a deal. 00:15:53.120 --> 00:15:53.919 So here's the thing. 00:15:54.080 --> 00:15:56.720 You gotta ask yourself, like, do you take Tucker Carlson seriously? 00:15:56.879 --> 00:15:58.399 I think the answer is very low. 00:15:58.720 --> 00:16:01.279 Second question is what the fuck are you supposed to do with that information? 00:16:01.440 --> 00:16:02.720 It's game theory out. 00:16:02.879 --> 00:16:15.120 Usually the answer is you always long nuclear war threats because either they nuke it and you die, or they don't and we rip and you have coins and you make money. 00:16:15.279 --> 00:16:21.039 And so, in both scenarios, buying coins is the preferable one or buying stocks. 00:16:21.200 --> 00:16:31.440 The problem though is that okay, if you really think about it, if they drop some small nuke on pickaxe island in Iran, which what the fuck is that? 00:16:31.600 --> 00:16:33.039 You're just not gonna die. 00:16:33.200 --> 00:16:34.879 Like you're not dying. 00:16:35.120 --> 00:16:39.360 Everyone in Iran is not dying, and the world is not ending if that happens. 00:16:39.519 --> 00:16:50.240 But what is happening is you break the social contract of we don't do nukes ever, and then all of a sudden all bets are off, and we definitely do go down. 00:16:50.399 --> 00:16:55.200 And so if it actually were to happen, it's the worst case scenario, probably. 00:16:55.360 --> 00:16:58.080 Because it isn't even gonna be big enough where like you're not gonna die. 00:16:58.240 --> 00:17:02.399 You you in in uh Chicago, Illinois are not gonna die, at least not day one. 00:17:02.559 --> 00:17:08.480 Not day one, you're not dying in the f you are not dying as a result of the nuke getting dropped, at least not day one. 00:17:08.640 --> 00:17:12.720 But your percentage of dying after that go up substantially from there. 00:17:12.960 --> 00:17:23.680 However, the actual chances and likelihood that something like this happens are extraordinarily low, which is why you long it anyways, just because it's probably not gonna happen. 00:17:24.000 --> 00:17:24.880 Oh my god. 00:17:25.039 --> 00:17:27.200 Four days following the biggest exploit ever. 00:17:27.519 --> 00:17:32.160 Mercado Bitcoin is hacked for 40 million and EU exchange is hacked for 106 million today. 00:17:32.400 --> 00:17:38.000 I'm telling you, tulip, I'm telling you, man, on these hacks, there's no way it's a nothing burger. 00:17:38.079 --> 00:17:38.880 Not this one. 00:17:39.039 --> 00:17:40.799 This does not feel like a nothing burger. 00:17:40.960 --> 00:17:42.720 XMR, XMR, XMR. 00:17:43.519 --> 00:17:44.799 If they get Coinbase, I'll be worried. 00:17:44.880 --> 00:17:46.160 Bro, if they get Coinbase, it's over. 00:17:46.480 --> 00:17:49.359 You can't worry once they get the it's over thing. 00:17:49.440 --> 00:17:52.079 Because if they get Coinbase, it's so GG's. 00:17:52.240 --> 00:17:53.519 Bro, if they get Coinbase. 00:17:53.680 --> 00:17:55.440 Oh my god, what are you talking about? 00:17:55.680 --> 00:17:57.599 If they get bro, Coinbase? 00:17:57.759 --> 00:17:59.759 There's no they got there's no getting Coinbase. 00:17:59.920 --> 00:18:00.720 They already got buying. 00:18:00.880 --> 00:18:01.759 How's Coinbase bigger? 00:18:02.079 --> 00:18:02.960 Just like it's US. 00:18:03.119 --> 00:18:04.960 You get Coinbase, you get the industry. 00:18:05.359 --> 00:18:10.799 It is 9.29 and 40 seconds on Monday, November 2nd, 2026. 00:18:10.960 --> 00:18:14.400 That means the stock market opens in 13 seconds. 00:18:14.640 --> 00:18:18.480 As always, the stock market open is powered by the counterparty stream. 00:18:18.640 --> 00:18:21.359 Anything you like, want to buy, sell, or trade if you could trade it. 00:18:21.440 --> 00:18:22.400 I'm talking about it. 00:18:22.559 --> 00:18:23.759 It's 9 30 a.m. 00:18:24.000 --> 00:18:25.039 on Monday, November 2nd. 00:18:25.279 --> 00:18:32.400 The stock market 2i opens up 0.48% on the daily. 00:18:32.480 --> 00:18:33.119 We needed it. 00:18:33.200 --> 00:18:36.160 Oh, brother, did we ever fucking need it? 00:18:36.240 --> 00:18:37.200 The IGV is flat. 00:18:37.279 --> 00:18:40.880 The Soxel is up 2%, but candling red on the open. 00:18:41.039 --> 00:18:42.400 Magdrop 0.76. 00:18:42.559 --> 00:18:43.519 IGV is flat. 00:18:43.680 --> 00:18:44.720 Soxul 2%. 00:18:45.039 --> 00:18:46.000 It wants to go. 00:18:46.319 --> 00:18:51.680 Dram still technically up two after a big pre-market, but it's candling red on the open. 00:18:51.759 --> 00:18:53.279 That's about a lose 49. 00:18:53.599 --> 00:18:55.519 IBB is up 0.5%. 00:18:56.319 --> 00:18:57.759 Neocletter deficit is up a quarter. 00:18:57.839 --> 00:18:59.039 Photonic is up 0.18. 00:18:59.200 -->

00:19:01.200 The Dow is up 0.8 and strong. 00:19:01.279 --> 00:19:02.960 The Nasdaq is up 0.2. 00:19:03.599 --> 00:19:10.000 The cosby on yesterday's session was up 2.24%. 00:19:10.480 --> 00:19:11.440 Look at AMD. 00:19:11.519 --> 00:19:12.799 What the it's like nothing. 00:19:12.960 --> 00:19:14.240 Burger at the moment. 00:19:14.400 --> 00:19:18.640 Soxel holding above 78 at the moment. 00:19:18.799 --> 00:19:21.759 And Dram holding above 49 at the moment. 00:19:21.920 --> 00:19:24.400 Coins 776 on BTC. 00:19:24.559 --> 00:19:26.640 2282 on ETH. 00:19:26.720 --> 00:19:28.400 DNAP already with the tweet. 00:19:28.480 --> 00:19:28.960 What do you got? 00:19:29.039 --> 00:19:29.599 What do you got? 00:19:29.680 --> 00:19:30.400 What do you got? 00:19:30.559 --> 00:19:32.799 SpaceX and talks to buy Boost Mobile. 00:19:32.960 --> 00:19:42.240 SpaceX reporting talks with Echo Star over potential acquisition of Boost Mobile or deal to use its wireless network as Elon looks to launch a full-fledged US cell phone service. 00:19:42.799 --> 00:19:45.839 Verizon stock should not be. 00:19:46.000 --> 00:19:49.680 It's down kind of got crushed, but it's only at down point five. 00:19:49.920 --> 00:19:51.599 AT it's just T. 00:19:51.839 --> 00:19:52.559 Yeah, it is just T. 00:19:52.720 --> 00:20:02.079 ATT down point four and echo is up 3.578 M BTC. 00:20:02.240 --> 00:20:03.119 Hypes 86. 00:20:03.279 --> 00:20:04.319 New Year's back over four. 00:20:04.400 --> 00:20:05.440 Pump 41. 00:20:05.680 --> 00:20:06.960 Silver's back above 50. 00:20:07.039 --> 00:20:08.880 Solana's 94. 00:20:09.279 --> 00:20:09.839 Horrible. 00:20:10.160 --> 00:20:10.960 30 years down one. 00:20:11.119 --> 00:20:13.519 The 10 years down one and the two years down 0.15. 00:20:13.680 --> 00:20:15.119 Venice is down three. 00:20:15.279 --> 00:20:17.279 Gold is up two, still under 4K. 00:20:17.359 --> 00:20:18.880 Copper's up a quarter. 00:20:19.039 --> 00:20:20.000 Excuse me, half. 00:20:20.240 --> 00:20:21.599 Monero's back above 600. 00:20:21.680 --> 00:20:24.000 Zek 1267. 00:20:24.640 --> 00:20:25.680 Ansom is short. 00:20:25.839 --> 00:20:26.480 Solana. 00:20:26.799 --> 00:20:27.839 Uh Linkett. 00:20:28.000 --> 00:20:29.599 Soxel about to go red. 00:20:29.839 --> 00:20:30.160 Man. 00:20:30.319 --> 00:20:32.880 The lows are 70 on Soxel, which is disgusting. 00:20:32.960 --> 00:20:34.240 It's about to go red on the daily. 00:20:34.480 --> 00:20:38.559 Dram loses 49, filling the pre-market pump gap. 00:20:38.799 --> 00:20:39.839 Q's still up 0.6. 00:20:40.240 --> 00:20:42.160 Spy's still up 0.48. 00:20:42.480 --> 00:20:43.359 There it goes. 00:20:43.599 --> 00:20:44.880 Soxel up a quarter. 00:20:45.039 --> 00:20:45.680 77. 00:20:46.079 --> 00:20:47.200 It's flat. 00:20:47.519 --> 00:20:48.400 Ugh, god. 00:20:48.559 --> 00:20:49.440 It just continues. 00:20:49.599 --> 00:20:50.240 There it goes. 00:20:50.480 --> 00:20:51.680 Red on the day. 00:20:51.839 --> 00:20:54.640 $77 on Soxel. 00:20:54.799 --> 00:20:57.759 Bitcoin wants to stay above 88. 00:20:58.319 --> 00:21:00.720 Um, Brent Oil is down five and a half. 00:21:00.799 --> 00:21:02.400 Crude is down six. 00:21:02.960 --> 00:21:06.240 You love, love, love to see that. 00:21:06.559 --> 00:21:08.400 Um, Joe Wisemthal tweet. 00:21:08.480 --> 00:21:08.799 What do you got? 00:21:08.880 --> 00:21:10.480 Is this anthropic revenue? 00:21:10.640 --> 00:21:14.640 Anthropic Q3 net loss is 23 billion versus 12. 00:21:18.880 --> 00:21:20.079 Is it is this real though? 00:21:20.240 --> 00:21:23.359 Because I remember seeing that the uh I spell it wrong. 00:21:23.599 --> 00:21:26.880 That the$80 billion loss whatever they posted was not actual loss. 00:21:26.960 --> 00:21:30.880 It was like convertible nodes, uh notes that were more valuable than when they issued them. 00:21:31.200 --> 00:21:32.240 Yeah, the converts. 00:21:32.559 --> 00:21:35.359 It like wasn't real, it's like phantom loss. 00:21:35.759 --> 00:21:41.119 Revenue grew 11, 27 year over year for the three months, and no, it's an operating loss. 00:21:41.200 --> 00:21:43.680 Okay, I don't entirely know how that works, to be honest with you. 00:21:43.920 --> 00:21:45.440 Brent done five and a half. 00:21:45.519 --> 00:21:46.160 Where are we? 00:21:46.880 --> 00:21:49.119 Okay, it's oxal fighting to bounce over. 00:21:49.279 --> 00:21:50.640 So it's a real loss, but it's not huge. 00:21:50.799 --> 00:21:51.359 500 million. 00:21:51.440 --> 00:21:53.680 Okay, all in guys were so bullish. 00:21:53.839 --> 00:21:56.559 Uh war stocks, defense stocks, Raytheon down a quarter. 00:21:56.640 --> 00:21:58.880 Palantir is flat, but red on the open. 00:21:59.039 --> 00:21:59.680 Northup is down. 00:22:00.400 --> 00:22:02.319 And Lockheed Martin is down 0.6. 00:22:02.960 --> 00:22:05.759 Big semis, big AI, everything in between. 00:22:05.920 --> 00:22:06.880 SK Heinex. 00:22:06.960 --> 00:22:08.160 Last night's touch was up 3.8. 00:22:08.240 --> 00:22:11.039 And then biggest gamers, that's K Heinex ADR, is up three. 00:22:11.200 --> 00:22:12.480 Amazon's up two and a half. 00:22:12.559 --> 00:22:14.000 Tus is up two and a half. 00:22:14.240 --> 00:22:15.119 SpaceX is up two. 00:22:15.279 --> 00:22:16.079 Google's up 1.5. 00:22:16.319 --> 00:22:17.519 Nvidia is up 1.5. 00:22:17.759 --> 00:22:18.960 Bloom Energy's up 1.5. 00:22:19.039 --> 00:22:20.559 Qcom up 1.5. 00:22:20.880 --> 00:22:21.759 ASML is up one. 00:22:21.920 --> 00:22:23.440 AMD's up half a percent. 00:22:23.599 --> 00:22:24.559 Meta is red. 00:22:24.640 --> 00:22:25.119 Look at that. 00:22:25.359 --> 00:22:25.920 Down 0.5. 00:22:26.160 --> 00:22:26.960 Microsoft is flat. 00:22:27.119 --> 00:22:31.200 Micron is flat under 900 at 884. 00:22:31.599 --> 00:22:32.559 Volcom is flat. 00:22:32.640 --> 00:22:34.000 Apple's down 0.5%. 00:22:35.200 --> 00:22:38.640 I've held and operated the iPhone Duo. 00:22:38.720 --> 00:22:39.359 It's pretty sick. 00:22:39.440 --> 00:22:40.000 I'm

not gonna lie. 00:22:40.160 --> 00:22:41.200 Did anyone here get one? 00:22:41.440 --> 00:22:45.440 Sand disk is down 1.3, Rocket Lab is down 0.6, Arm is down one. 00:22:45.599 --> 00:22:47.920 Palo Alto, cybersecurity is down two. 00:22:48.400 --> 00:22:51.359 CrowdStrike, cybersecurity is down three. 00:22:51.599 --> 00:22:54.880 Cloudflare, cybersecurity is down five. 00:22:55.359 --> 00:22:55.920 Really? 00:22:56.079 --> 00:22:57.039 Why is it down five? 00:22:57.279 --> 00:23:00.799 DOS is down three, ACS down three, Intel is down another lord. 00:23:00.960 --> 00:23:03.279 Look at this chart on Intel. 00:23:03.519 --> 00:23:09.680 Another three Oracle issued ten billion dollars of additional stock. 00:23:09.920 --> 00:23:12.960 That is down five percent on the open. 00:23:13.200 --> 00:23:18.319 Marvell on the momentum acquisition, down five and a half on all stock deal. 00:23:18.480 --> 00:23:19.599 Firefly is down five. 00:23:19.680 --> 00:23:22.559 So Rebus is about to lose 100. 00:23:22.720 --> 00:23:27.759 That is down nine, excuse me, eight percent on the day. 00:23:28.000 --> 00:23:35.359 Look at this chart, it's now a 22 billion dollar company from all-time high on a uh IPO day. 00:23:35.440 --> 00:23:44.319 So Rebus is down 75 percentage points, and Lumentum on Marvell acquisition is down 12. 00:23:44.799 --> 00:23:47.119 Brutal, pretty nasty washout. 00:23:47.200 --> 00:23:50.000 Bitcoin 78, 1272 on Zach. 00:23:50.240 --> 00:23:55.440 Uh Soxels holding above 77 and Dram holding above 48. 00:23:55.680 --> 00:23:58.319 Gavin Baker tweet about Cerebrus or what? 00:23:59.039 --> 00:23:59.359 Yeah. 00:24:00.319 --> 00:24:00.960 Are we gonna die? 00:24:01.119 --> 00:24:04.480 No, of course we're not gonna die, but things are a little bit grim. 00:24:04.559 --> 00:24:05.440 How's gold doing? 00:24:05.920 --> 00:24:11.599 I don't hate the buy gold thing, but even that feels a little bit like feels like there's nowhere to run, is what it feels like. 00:24:11.759 --> 00:24:13.039 Socks are officially red. 00:24:13.359 --> 00:24:14.880 That's a little bit what it feels like to me. 00:24:15.519 --> 00:24:17.039 Is like there's nowhere to hide. 00:24:17.279 --> 00:24:20.960 All right, uh Sass, consumer, everything. 00:24:21.200 --> 00:24:24.720 Also, Malcolm, if you get a coffee, get me right. 00:24:24.880 --> 00:24:27.920 Um Rivian's up six, Carvana's up five. 00:24:28.319 --> 00:24:29.119 Use cars. 00:24:29.200 --> 00:24:29.599 Who is that? 00:24:29.680 --> 00:24:38.559 Use card tweet, tweak your up five, unity up two and a half, MSTR is up two, Lulu's up two and a half, Airbnb's up two, Z is up two, Cerebrus officially loses a hundred. 00:24:38.799 --> 00:24:40.799 My god, my god. 00:24:41.039 --> 00:24:48.640 Maybe a little oat milk in the uh Americano 777 on BTC, Zach losing it, socks are red again, Dram is about to go red. 00:24:48.720 --> 00:24:50.799 It's oh my god, it's just scary. 00:24:50.960 --> 00:24:52.000 It is scary out here. 00:24:52.240 --> 00:24:52.480 Keep going. 00:24:52.559 --> 00:24:54.240 Uh Lulu's up two and a half. 00:24:54.480 --> 00:24:57.519 By the way, I feel like the baddies are wearing Lululemon again. 00:24:57.599 --> 00:24:59.599 It's Lulu's low-key back outside. 00:24:59.680 --> 00:25:03.440 I don't know what happened, but I'm seeing like I'm seeing some Lulu uh iced. 00:25:03.759 --> 00:25:18.799 Uber's up two, Shopify's up one and a half, Nike's up 1.6, Disney's up 1.6, AMC's up one, Reddit is up one, hood is up one, Roblox is flat, eBay's up a percent, take two is up 0.5 of the batty field report. 00:25:19.039 --> 00:25:21.119 They might be more bullish on Zec than Nier. 00:25:21.599 --> 00:25:23.759 Um, I mean, Nier's traded insane. 00:25:23.920 --> 00:25:29.359 I think at the end of the day, though, like there's nothing to be said for the Zek thesis being so simple. 00:25:29.680 --> 00:25:33.599 Things often get a premium for being like unbelievably simple. 00:25:34.079 --> 00:25:46.880 Um, look at this Nebius down four, core weave down four, Iran down three, Mara down three, Eli Lidley down two, Coinbase down one, himself down point two. 00:25:47.599 --> 00:25:51.759 It's such a weird spot because what is the trade for everything's gonna get hacked forever? 00:25:52.000 --> 00:25:53.759 Fucking cybersecurity, the way that's trading. 00:25:53.920 --> 00:26:06.480 That's cybersecurity, because look, cybersecurity is uh where crowd crowd is down three and a half low of the day, palato's down one and a half, altcoins, altcoins, zach leads up two and a half, monero is second. 00:26:06.559 --> 00:26:09.119 I by the way, uh Elizabeth I think you're right. 00:26:09.359 --> 00:26:11.680 What do the hackers buy every time they buy fucking Monero? 00:26:12.240 --> 00:26:14.319 But why is it to trade so shit? 00:26:14.480 --> 00:26:15.359 I like I like it. 00:26:15.440 --> 00:26:16.079 I don't know. 00:26:16.400 --> 00:26:23.039 Again, I'm I'm I'm fully still the only three things you could own coins wise for me is uh an ETH. 00:26:23.200 --> 00:26:27.440 You lose me an ETH is Monero, Zach, and PTC. 00:26:27.680 --> 00:26:37.680 Outside of that, I just um Chip is down 10, Connect's down five, grass is down five, Monet is down four, uh Jito's down three and a half, Pith is down three. 00:26:37.759 --> 00:26:39.440 Dude, I saw the pith ad in New York. 00:26:39.519 --> 00:26:40.880 It was crazy, like on the subway. 00:26:41.119 --> 00:26:41.839 Outside of the subway. 00:26:42.000 --> 00:26:48.000 Arb's up three, Jupiter's down two or down three, Jupiter's down two point six, Pepe's down two point seven five. 00:26:48.640 --> 00:26:52.319 Huge state actors can't use XMR, no liquidity. 00:26:52.480 --> 00:26:53.279 Yeah, I don't know. 00:26:53.440 --> 00:27:01.359 Ave's down two, far coins on two, Penguin's down two, Tao's down two, tawn is down two, Bitcoin 77.7. 00:27:01.759 --> 00:27:02.960 Yeah, not a whole lot of anything. 00:27:03.039 --> 00:27:04.319

Hype, not in the top three worth owning. 00:27:04.480 --> 00:27:06.799 Nah, hype two, hype two, hype two, hype two, hype two. 00:27:07.119 --> 00:27:07.839 Sorry, sorry. 00:27:08.000 --> 00:27:09.599 The perp taxes I agree with. 00:27:09.680 --> 00:27:11.519 I mostly meant on the like the hacking. 00:27:11.759 --> 00:27:12.400 We get it, dude. 00:27:12.480 --> 00:27:13.119 Hype, hype. 00:27:13.200 --> 00:27:13.920 You guys own hype. 00:27:14.079 --> 00:27:14.559 Fuck. 00:27:14.960 --> 00:27:15.839 Man, I get it. 00:27:15.920 --> 00:27:16.640 You own hype. 00:27:17.039 --> 00:27:17.440 Fuck. 00:27:17.599 --> 00:27:20.400 I meant as a direct response to hacks. 00:27:20.799 --> 00:27:22.400 God, you don't leave it at one time. 00:27:24.720 --> 00:27:26.240 The dot HLs are ridiculous. 00:27:26.559 --> 00:27:30.400 Brent's on six, and crude is on six point three. 00:27:30.799 --> 00:27:34.240 Dare I look at on chain right now. 00:27:34.319 --> 00:27:35.440 All right, on chain, what do we got? 00:27:35.519 --> 00:27:35.920 How bad is it? 00:27:36.400 --> 00:27:39.839 IMD 15 cards 200. 00:27:40.079 --> 00:27:42.240 Kimchi 3.6, pawns. 00:27:42.319 --> 00:27:44.079 Somebody was in the pit talking about buying pawns. 00:27:44.240 --> 00:27:45.200 I was like, what the fuck? 00:27:45.519 --> 00:27:48.720 157 AI 61. 00:27:49.279 --> 00:27:51.519 Useless 127. 00:27:52.000 --> 00:27:54.319 Ansome 45. 00:27:55.440 --> 00:27:56.799 Meme 6. 00:27:57.119 --> 00:27:59.200 Kcoin 36. 00:27:59.680 --> 00:28:00.000 Oh. 00:28:00.480 --> 00:28:02.319 Nio 850k. 00:28:02.559 --> 00:28:04.880 Boner, boner, boner, boner. 00:28:05.039 --> 00:28:05.680 Oh my god. 00:28:05.839 --> 00:28:06.799 That looks so bad. 00:28:07.039 --> 00:28:08.799 FWA is a low blow. 00:28:09.279 --> 00:28:10.400 I know, by the way. 00:28:10.559 --> 00:28:12.079 Like, what the fuck? 00:28:12.240 --> 00:28:13.359 What the fuck was that? 00:28:13.519 --> 00:28:14.480 FWA. 00:28:14.880 --> 00:28:16.079 Yo, yo, yo, Mr. 00:28:16.160 --> 00:28:16.480 Mert. 00:28:16.720 --> 00:28:17.200 Hello, sir. 00:28:17.279 --> 00:28:17.839 How you doing? 00:28:18.000 --> 00:28:19.359 Um, incredible, man. 00:28:19.599 --> 00:28:20.880 How are you doing? 00:28:20.960 --> 00:28:21.440 Welcome back. 00:28:21.599 --> 00:28:22.160 I've been better. 00:28:22.480 --> 00:28:24.000 Dude, you're kind of like our doom guest now. 00:28:24.079 --> 00:28:27.599 I don't know how this happened exactly, but you're like, the world might be ending. 00:28:27.680 --> 00:28:28.240 Who do we call? 00:28:28.319 --> 00:28:30.160 Let's just call Mert type of guest. 00:28:30.640 --> 00:28:34.720 The last one was about Justin Drake, which at least we don't talk about Eth holder today. 00:28:35.039 --> 00:28:45.680 And today is about a I don't know, a doom vague post you made, which we should get into some details, but you tweeted, and I quote, which is a scary one from you. 00:28:46.000 --> 00:28:48.000 Man, I have never seen anything like this. 00:28:48.240 --> 00:28:52.480 Enter, enter hacks after hacks after hacks, enter, enter. 00:28:52.640 --> 00:28:56.480 An actual world war is happening on the internet at the moment. 00:28:56.799 --> 00:28:59.839 Send tweet, log off for a day. 00:29:00.400 --> 00:29:00.720 Okay. 00:29:01.279 --> 00:29:03.440 I mean, first of all, Jesus. 00:29:03.680 --> 00:29:10.799 Second of all, what sparked and what was that tweet in reference to specifically, but then more broadly? 00:29:11.119 --> 00:29:25.839 Well, I think it's no secret that anybody who's been paying attention on the internet on Twitter, x.com, has seen pretty much hacks being reported on, I would say a daily cadence, especially if you're a regular retail user. 00:29:26.079 --> 00:29:37.680 But if you're an engineer or a technical person, you're seeing way more than that because generally speaking, engineers have specific channels they watch for, like, oh, a new vulnerability was found, whatever. 00:29:37.920 --> 00:29:42.720 And you would get these things like once a week, depending on the severity, once a month, whatever. 00:29:42.880 --> 00:29:47.599 But now you're seeing like 20 a day, and it's everything. 00:29:48.000 --> 00:30:06.960 So, for example, just this morning I woke up, I logged on, and the first thing I saw is Belgium, Sweden, France, Luxembourg, Finland, and like five other countries just are getting their fridges hacked, and uh some of them are blowing up entirely. 00:30:07.279 --> 00:30:17.039 Uh, and that is on top of obviously Binance hacked, and then I just logged on a few minutes ago, and I saw Mercado hacked, and then some other European exchange hacked. 00:30:17.200 --> 00:30:19.200 Uh, I don't know which one it is yet. 00:30:19.440 --> 00:30:27.039 Uh, and so, and by the way, like the thing to understand here is um you're seeing basically only the casualty numbers, right? 00:30:27.200 --> 00:30:39.359 So imagine something like the Ukraine-Russia war, where drones are being launched at all times, but you really only hear about it when they break through and like destroy a refinery or something. 00:30:39.599 --> 00:30:46.240 And so what you're seeing is actually a subset, a small subset of all attacks underway right now. 00:30:46.400 --> 00:30:50.160 Uh, so like I know a bunch of teams that have been under attack myself. 00:30:50.240 --> 00:30:57.599 Uh, we've been under attack certainly a few times, and uh, it's just there's a lot of it's it's it's ugly. 00:30:58.160 --> 00:31:09.920 Can you explain why there feels to be this divergence between all of the smart people in technical smart people, CEO of Shopify, everybody's sort of out in public and saying, oh my god, it's so over. 00:31:10.079 --> 00:31:16.960 And then the vast majority of non-hackers, not super technical people are saying none of this matters. 00:31:17.119 --> 00:31:25.039 And despite all of these hacks being reported, you know, PHP exploit, it kind of feels like nothing happened at the end of it.

00:31:25.119 --> 00:31:29.200 There was all this doom and gloom, and like, you know, it's all over, and then nothing happened. 00:31:29.279 --> 00:31:32.240 I woke up a couple days later and I haven't heard PHP in like 10 days. 00:31:32.400 --> 00:31:38.960 Like, what why is there this severe feels like uh understanding from both sides of where we're actually at? 00:31:39.200 --> 00:31:49.519 Yeah, so this is this is actually a good point, um, which is to say when it comes to things that aren't crypto, it's very hard to actually steal money. 00:31:49.759 --> 00:31:55.839 Uh, and generally what will happen is, for example, you'll hack a smart fridge and the temperature will go up or something. 00:31:55.920 --> 00:32:02.240 And let's say food supply for the next three days is uh ruined, right? 00:32:02.400 --> 00:32:06.480 That's pretty bad, but it's not like, oh shit, the world has ended bad. 00:32:06.799 --> 00:32:16.720 Or the the most common that you'll see is, for example, Chainalysis announced this, but so did like a hundred other teams, is like, yeah, by the way, your emails are now leaked. 00:32:16.880 --> 00:32:26.240 Um, or the ledger and treasure hacks, for example, were not the devices themselves necessarily being hacked, although that also happened if you got from like a sketchy reseller. 00:32:26.880 --> 00:32:39.680 But it was mostly that, oh, your shipping address is now leaked, and you're so it's a lot of data mining, like people are just stealing data, and then that data gets sold on the dark web to other hackers, which then use that to target you. 00:32:39.839 --> 00:32:51.680 And so that is to say, the pain is not direct when it comes to non-crypto things, it might never happen, or it might happen like indiscreetly, such that you're not really aware. 00:32:51.839 --> 00:32:57.839 With crypto, it's different, obviously, because it's the money is just there and it's generally speaking not reversible. 00:32:58.079 --> 00:33:05.359 So you have somebody like Binance, they get hacked, that money is just gone, and they have to get Jeremy and Paulo on the phone to freeze it. 00:33:05.440 --> 00:33:07.599 And then luckily Binance is rich enough to cover it. 00:33:07.680 --> 00:33:09.039 But so that's a disconnect, right? 00:33:09.119 --> 00:33:16.799 Like most of these hacks, and by the way, there you you must also give credit to the engineers that work on some of the big companies, right? 00:33:16.960 --> 00:33:28.880 Uh like the Googles and Apples of the world are under what I assume are insane attacks, and but they have teams within teams within teams, uh, helping stop these things, right? 00:33:29.039 --> 00:33:30.799 So that's that's the disconnect. 00:33:30.880 --> 00:33:35.039 Um, it definitely affects engineers more because we have to actually work on it. 00:33:35.119 --> 00:33:36.880 It's a disproportionate amount of time. 00:33:37.039 --> 00:33:44.960 It's like the one good analogy is like it's like the US-Iran thing where if you remember, uh, they were just launching shit tons of drones, yeah. 00:33:45.200 --> 00:33:53.519 And then people were like, oh, well, the interceptors are gonna run out because it's more expensive to produce the interceptor than it is for the drone. 00:33:53.680 --> 00:34:01.920 It's kind of dissimilar for like engineering companies, which is to say, we're just spending all day, every day just upgrading these systems and defending. 00:34:02.240 --> 00:34:08.079 Um, and that's just very much more painful for the engineer than it is for the average user. 00:34:08.400 --> 00:34:12.480 It's a good point that like people only freak out when you see the dollar amount. 00:34:12.559 --> 00:34:20.880 And so when someone's like, your data's been leaked from Coinbase, I'm like, okay, cool, my day, my identity's been stolen nine times, and my data's been leaked a thousand times over the course. 00:34:21.119 --> 00:34:25.840 When I pay taxes, I have to like get a pin from the IRS because I've had my identity stolen so many times. 00:34:26.159 --> 00:34:32.719 So, from that point, can can you sort of lay out what you would think is the worst case scenario from here? 00:34:32.960 --> 00:34:36.000 Like, what outcome are you the most concerned about? 00:34:36.159 --> 00:34:38.159 And generally speaking, how would it play? 00:34:38.320 --> 00:34:44.800 Like, what would get hacked, what would come down, what would be your like doom scenario, and how likely like likely do you think it is? 00:34:45.039 --> 00:34:47.599 I I think there's a lot of worst-case scenarios. 00:34:47.679 --> 00:35:07.039 It's I always like to use actual war as an analogy here because, for example, you might put up defenses and and I'll build a wall and have the biggest army and tanks and all this, but then you have to account for the Navy and then not just the Navy, but the submarines, and then the Air Force, and then the Space Force now, and then cyber, and then economics, and then sanctions. 00:35:07.119 --> 00:35:14.079 So there's so many different vectors to keep track of that it's hard to say, well, which one is actually worse? 00:35:14.480 --> 00:35:23.280 Um the one of the ones that was recent uh was about internet certificates, which would allow people to basically forge legit websites. 00:35:24.000 --> 00:35:26.639 Um and so you wouldn't even know you're being hacked in some sets. 00:35:26.800 --> 00:35:27.119 That's crazy. 00:35:27.280 --> 00:35:36.719 Uh depending depending on um what what you're you know, I think it's I think it's highly unlikely that, for example, a bank gets hacked. 00:35:36.960 --> 00:35:41.760 Because even if you tried as a user to move your money, that's a slow process there. 00:35:41.840 --> 00:35:47.119 So if you're hacking it, the banks are all interconnected, they can call the other bank and be like, stop, right? 00:35:47.199 --> 00:35:50.320 And so I think something that catastrophic, not likely. 00:35:50.480 --> 00:35:59.280 Um, I would hope that um

so one thing that would be pretty bad, of course, is uh, or or let me rephrase so nobody panics. 00:35:59.519 --> 00:36:05.519 I think the big companies like the Microsofts and Googles and Apples of the world are prepared against this. 00:36:05.760 --> 00:36:20.559 Um, I think what I'm more worried about is individual users just getting like the the the number of individual losses in terms of like, so for example, assume you lost your email access, assume somebody just accessed your email. 00:36:20.719 --> 00:36:25.199 Well, depending on how you set up your shit, that can really fuck you, right? 00:36:25.360 --> 00:36:34.719 Because if you have your email, like you have one master email, you can log into most websites if you also have one other piece of information, generally speaking. 00:36:35.039 --> 00:36:38.559 Um and these are getting very sophisticated too, right? 00:36:38.639 --> 00:36:43.039 There was a recent attack where it was actually coming from a legit Google domain. 00:36:43.199 --> 00:36:48.639 And so let's say you do all your homework, you don't click fishy links, whatever, and then you see an email from Google. 00:36:48.960 --> 00:36:52.559 Okay, well, in certain cases, if you click that, you're still fucked. 00:36:52.880 --> 00:36:53.119 Right. 00:36:53.199 --> 00:37:14.400 And so, or or actually there was like another crazy one uh last night that I just saw, which is Russia hacked Ukraine's uh defense uh alert systems, and um Ukraine then hacked Russia back, and so you're a citizen in those countries, and on your phone it says there are nukes heading towards you, leave now or something crazy. 00:37:14.480 --> 00:37:16.000 This happened yesterday. 00:37:16.320 --> 00:37:21.039 Um, they were just hacking each other, they're saying, Oh, radioactive containment, whatever. 00:37:21.280 --> 00:37:25.039 Like, imagine you got that message in New York City. 00:37:25.199 --> 00:37:40.159 Um, like it's not a pleasant thing, and and so it's very hard to point to one horrible thing happening as opposed to just like just a thousand cuts, like, oh, this thing leaked, this thing is broken, and it's just exhausting. 00:37:40.239 --> 00:37:42.480 I think I think that's my baseline, worst case. 00:37:42.719 --> 00:37:45.599 What do you think is I don't think they can hack like a bank. 00:37:45.840 --> 00:37:48.239 What's the I agree with in the bank situation, by the way. 00:37:48.320 --> 00:37:51.119 Like your money in Bank of America is not going away. 00:37:51.360 --> 00:37:56.159 Um, what what is the incentive for like the fridge hacker? 00:37:56.719 --> 00:37:58.559 Like why who's doing it? 00:37:58.719 --> 00:37:59.679 Why are they doing it? 00:37:59.760 --> 00:38:01.920 Is can they have a financial outcome? 00:38:02.000 --> 00:38:08.960 I guess you could like you know, short Whole Foods or whatever, but uh I don't feel like a few steps away. 00:38:09.119 --> 00:38:13.840 What is the incentive for these like gorilla hacking type of plays?

00:38:14.239 --> 00:38:21.199 Well, a why question is always very hard to determine, but certainly there's a multitude of ranges, right? 00:38:21.360 --> 00:38:32.480 Anything from nation states who, let's say, particularly don't like the EU, let's say, uh, or literally a disgruntled teenager from Estonia, some like an Eastern European guy. 00:38:32.559 --> 00:38:32.719 Yeah. 00:38:33.199 --> 00:38:36.400 Because AI has changed the economics of this, right? 00:38:36.559 --> 00:38:45.360 Before, if you needed to find these hacks, you'd have to spend an insane amount of manual work for basically no outcome, like other than a temporary disturbance. 00:38:45.679 --> 00:38:48.880 Now it's not super difficult, right? 00:38:49.039 --> 00:38:58.159 You find one weak entry point, whether it's an unpatched server or some weird unpatched internet thing, just one person working at these companies, which is what happened with Binance. 00:38:58.559 --> 00:39:02.639 Um, and then you just let your trillion agents do the rest of the work. 00:39:02.880 --> 00:39:07.039 So the economics are now very different for attack versus defense. 00:39:07.280 --> 00:39:10.320 Has there been like a golden age of hacking, like early internet? 00:39:10.800 --> 00:39:15.599 Was there like a golden era of hacking that sort of dissolved out and we were done with it? 00:39:15.679 --> 00:39:17.360 Like, has has is that a thing that's happened before? 00:39:17.440 --> 00:39:23.920 Like, have we seen something like this before where everything, all these websites were terrible and everybody was just getting exploited in like early days of the internet? 00:39:24.400 --> 00:39:26.800 I think it was more of a constant thing. 00:39:27.039 --> 00:39:32.960 Um, because the earlier the internet, then the less stuff there was on it to begin with, anyway. 00:39:33.199 --> 00:39:35.360 But now everything is connected on the internet. 00:39:35.760 --> 00:39:42.159 And so just regardless of what's happened in the past, today everything runs, everything is connected. 00:39:42.239 --> 00:39:55.039 Uh, IoT, you know, I believe even uh a Chinese airline or something ticketing system got hacked, and like there were like nine, 10 hour waits um before they were able to sort it out. 00:39:55.199 --> 00:40:00.400 So, like everything, like there's no reason your smart fridge should be connected to the fucking internet. 00:40:00.880 --> 00:40:02.320 This is my take earlier, bro. 00:40:02.800 --> 00:40:20.079 My TV, my computer, my phone, my uh whatever, Google Home, whatever, my my your microwave has fucking Wi-Fi, my fridge has it, your Tesla, it's in garage clicker, your eight sleep, my fucking uh Dyson toothbrush, it's insane. 00:40:20.239 --> 00:40:21.360 Like, how do we get there? 00:40:21.519 --> 00:40:22.239 That's insane. 00:40:22.320 --> 00:40:23.679 Everything is connected to the internet. 00:40:24.079 --> 00:40:24.400 Exactly. 00:40:24.480 --> 00:40:24.719 Yeah. 00:40:24.800 --> 00:40:29.199 I mean, you know, it's in theory, it's good for consumers and all this type of stuff. 00:40:29.440 --> 00:40:42.320 But if there's a very specific type of engineer um who only buys non-electric cars, who has guns in their house, uh, and who basically doesn't trust any device ever. 00:40:42.400 --> 00:40:44.079 Uh, I'm sort of getting there. 00:40:44.159 --> 00:40:45.519 I'm still a little too young for that. 00:40:45.599 --> 00:40:53.519 But the older types of like 40-year-olds with like the neckbeard types, those are the guys who have been extremely vindicated. 00:40:53.760 --> 00:40:54.639 Hunter Beast. 00:40:54.800 --> 00:40:55.840 I don't I don't know who that is. 00:40:56.000 --> 00:40:56.239 Okay. 00:40:56.480 --> 00:41:00.559 But uh I like Trent from Solana, for example, is a good example. 00:41:00.880 --> 00:41:02.800 What do you want to own in a scenario? 00:41:02.960 --> 00:41:05.840 Like, if you think hacks are gonna be up only, what do you want to own? 00:41:06.079 --> 00:41:09.360 Like, like, how do the cybersecurity stocks benefit from this? 00:41:09.440 --> 00:41:12.079 Like, what do you want to own in a scenario where hacks are up only? 00:41:12.159 --> 00:41:13.119 Like, do you just go all in? 00:41:13.199 --> 00:41:19.440 You just like trust Zcash cryptography, you just trust Bitcoin cryptography and think that these uniquely benefit? 00:41:19.679 --> 00:41:30.159 So I don't know about the timing of these, but um actually when AI first came out, uh 2023, 2024, that is the first thing I did, which is I just loaded up on cybersecurity stocks. 00:41:30.320 --> 00:41:35.199 Uh, the particular one that I did was Palo Alto Networks, which has done very well since then. 00:41:35.440 --> 00:41:35.679 It has. 00:41:36.079 --> 00:41:37.280 Indian CEO, etc. 00:41:37.440 --> 00:41:39.440 I was like, okay, this is not this is not gonna fail me. 00:41:39.519 --> 00:41:40.719 I I know this is gonna work. 00:41:40.960 --> 00:41:43.360 And um so I think that could be interesting. 00:41:43.519 --> 00:41:48.000 Um, I think AI companies themselves, like, it really depends on the valuation. 00:41:48.079 --> 00:41:49.599 Obviously, it's hard to say. 00:41:49.840 --> 00:41:56.480 But my thesis is that probably a third to a half of their token spend will actually come from cybersecurity. 00:41:56.639 --> 00:41:57.039 Whoa. 00:41:57.519 --> 00:42:00.880 Um, because like the economics have changed now, right? 00:42:00.960 --> 00:42:12.239 Because like if the attackers are wasting these tokens on finding vulnerabilities, you need to spend the tokens on defending against the vulnerabilities and proactively monitoring and all these different things. 00:42:12.559 --> 00:42:20.320 So uh, in terms of like your other point of okay, well, like do you trust crypto and and and and Bitcoin and Zcash? 00:42:20.559 --> 00:42:43.360 I want to make it very clear that these are rather different um types of systems, which when I last came on, if you remember, I said

something like the probability of hacks is multiple orders of magnitude higher than fundamental cryptography breaking, which was Justin Drake's bunker mode point, which I think is still wrong. 00:42:43.599 --> 00:42:49.440 Um, I I think still there is no credible anything to point to cryptography breaking. 00:42:49.519 --> 00:43:00.639 I think be like one example I'll give you here is like who's really tried hacking smart fridges at your local supermarket versus who's tried breaking elliptic curves, right? 00:43:00.880 --> 00:43:05.599 One has probably a trillion dollars behind it, the other probably like eight people have tried. 00:43:05.679 --> 00:43:09.280 Like it's just not the same level of scrutiny. 00:43:09.519 --> 00:43:26.800 Um, and so you can sort of have that faith, but also you can have the like with an L1 specifically, not a smart contract on the L1, but the L1 itself, you're you're, I think, pretty safe because even in the worst case, the L1 can just roll back or it can fork, right? 00:43:26.880 --> 00:43:32.239 The validators are incentivized to work together to be like if the L1 itself is broken, we roll back. 00:43:32.320 --> 00:43:34.960 This has happened many times in blockchain history. 00:43:35.199 --> 00:43:42.800 So I'm I'm personally not worried about storing funds that are not bridged, uh, the native tokens on the native chains themselves. 00:43:43.039 --> 00:43:43.840 It's a great take. 00:43:43.920 --> 00:43:46.960 Um, that's a more specific than the uh the vague dooming you're doing. 00:43:47.119 --> 00:43:48.079 Okay, I got two more for you. 00:43:48.159 --> 00:43:48.800 I'll let you go. 00:43:48.880 --> 00:43:53.679 Um, number one, I'm curious on this perfect security concept. 00:43:53.760 --> 00:43:59.599 Like I can imagine at Helios you're getting slaughtered, or I would imagine there's moments of people trying to crack and and break into. 00:44:00.159 --> 00:44:02.960 Of your systems, like how secure do you feel? 00:44:03.280 --> 00:44:17.519 Based off how secure you think everybody else feels, and do you think you get to this point where you're like, okay, we have achieved it internally, perfect security, you know, validated by the latest frontier model, uncrackable, unhackable? 00:44:17.760 --> 00:44:21.519 I think again, it's I'm gonna make the same analogy, which is the war analogy. 00:44:21.679 --> 00:44:34.719 Like it's it's sort of how you would consider a country's defense spending, which is to say, okay, you have um air defense missiles, you have a cybersecurity team, you have a navy, you have nukes, all these different things. 00:44:34.880 --> 00:44:36.079 That's all fine. 00:44:36.320 --> 00:44:41.920 But what's important is how do you keep that up to date as other weapons evolve? 00:44:42.079 --> 00:44:44.800 And then also, what do you do if you do get attacked, right? 00:44:44.960 --> 00:44:45.920 Incident management. 00:44:46.159 --> 00:44:55.519 And so one silver line that I'll say on a more optimistic note is that this probably gets a bit worse before it gets better, but it is gonna get better, right? 00:44:55.599 --> 00:44:56.960 Like there's only so many different things. 00:44:57.119 --> 00:44:58.000 What do you think worse looks like? 00:44:58.559 --> 00:44:59.519 Like, what are you waiting for? 00:44:59.599 --> 00:45:01.280 What do you what are you waiting for? 00:45:08.960 --> 00:45:12.880 Probably a major company getting hacked. 00:45:13.119 --> 00:45:15.440 Um like Apple ID would be pretty bad. 00:45:15.519 --> 00:45:19.440 Like Apple, everybody's like Apple uh like phone data would be pretty bad. 00:45:19.760 --> 00:45:24.320 What one other thing could be like we've already seen this, like a browser just being completely zero day. 00:45:24.719 --> 00:45:28.639 But um, we have seen that these things are fixed hyper fast. 00:45:28.719 --> 00:45:35.360 And so as a user, as long as you have very fast updates, like if you're on Chrome and it says update, fucking update, like doing it. 00:45:35.519 --> 00:45:37.920 But how would you know the update isn't a hack? 00:45:38.079 --> 00:45:40.719 Like if you hacked Chrome, could you push a nefarious update? 00:45:40.880 --> 00:45:51.280 Everybody updates it, and then you're actually fucking that I I'm not familiar with the exact system they use, but that does seem and also by the way, you would see all about it on Twitter. 00:45:51.440 --> 00:45:52.239 Like you wouldn't have to do. 00:45:54.159 --> 00:45:56.639 After everyone got fucked. 00:45:58.079 --> 00:46:01.360 With with an operating system specifically, it's extremely unlikely. 00:46:01.440 --> 00:46:02.880 Like if it's an Apple upgrade. 00:46:03.039 --> 00:46:12.239 Um with a Google upgrade, it's that also seems extremely unlikely to me because if you can already do that, then you already have access to certain systems that you wouldn't need to do that. 00:46:12.480 --> 00:46:13.119 Okay, okay, okay. 00:46:13.519 --> 00:46:18.480 Um, but again, uh that's also another point, which is you have to use trusted channels, right? 00:46:18.639 --> 00:46:24.639 Like just you trust is much more of an important factor here than uh anything else. 00:46:24.880 --> 00:46:28.960 Uh but okay, so to to answer your ask your question of like, okay, what am I waiting for? 00:46:29.119 --> 00:46:31.920 Um honestly, I don't even know what to wait for. 00:46:32.079 --> 00:46:38.880 Um just I'm just extremely paranoid on absolutely everything, and I think that's probably a safe default. 00:46:39.119 --> 00:46:41.920 Okay, I I I added one to my last two, I so I have two more. 00:46:42.079 --> 00:46:48.960 Number one, can you explain what a um a hardware zero day is, if that's possible, and what the implications are of that? 00:46:49.039 --> 00:46:50.239 I've seen people tweet about this. 00:46:50.559 --> 00:46:58.880 Like a zero day is basically um when they discover something just like right on the open, just like that. 00:46:59.039 --> 00:47:01.840

Like on the something that's never been seen before. 00:47:02.079 --> 00:47:04.800 And basically, it has live implications. 00:47:04.880 --> 00:47:05.039 Okay. 00:47:05.280 --> 00:47:12.000 Um, which is to say, if there's a zero day on your phone, let's say Apple announces it, you have to upgrade right away, right? 00:47:12.159 --> 00:47:12.480 Wow. 00:47:12.719 --> 00:47:20.880 Now there are you know mitigating factors in that, like, look, you're not gonna be able to hack every single device on Earth. 00:47:21.039 --> 00:47:27.039 Like, that just requires, to Deb's last point, an extreme amount of connectedness and compute and all these resources. 00:47:27.280 --> 00:47:27.760 Yep. 00:47:28.000 --> 00:47:31.760 Um, so it's actually much more important for companies, right? 00:47:31.840 --> 00:47:47.760 For example, there was a Linux zero day um which um basically allowed it such that if you'd sent a certain type of traffic to a server without any passwords, without anything else, just sending traffic, you could just take over that computer, which is like pretty insane. 00:47:47.840 --> 00:47:49.280 Uh, that is what Toby said this year. 00:47:49.519 --> 00:47:50.239 Okay, that was the tweet. 00:47:50.320 --> 00:47:50.719 Got it. 00:47:51.119 --> 00:47:51.760 Yeah. 00:47:52.320 --> 00:47:58.800 And so luckily though, that that was you know pretty quickly patched by pretty much everybody I'm aware of. 00:47:59.119 --> 00:48:04.480 Um, and so one thing that has been good to see is like everybody's sort of on guard. 00:48:05.119 --> 00:48:12.159 Um, so like I don't want I don't want people kind of their takeaway from this episode to be like, okay, we're fucked, it's over. 00:48:12.320 --> 00:48:19.519 It's more like just be paranoid and stay ready, but you have a lot of help, but you still need to do the basics right, right? 00:48:19.599 --> 00:48:24.079 Like use a Yubi key for your own accounts, get two, not just one. 00:48:24.480 --> 00:48:26.320 Um, never use SMS. 00:48:26.480 --> 00:48:26.719 Ever. 00:48:26.960 --> 00:48:27.519 Really, ever. 00:48:27.840 --> 00:48:29.840 Uh do not use SMS. 00:48:30.000 --> 00:48:30.159 Why? 00:48:30.320 --> 00:48:31.519 That's just absolutely not. 00:48:31.760 --> 00:48:34.559 Because it's just so vulnerable in so many different dimensions, right? 00:48:34.639 --> 00:48:38.239 Like I think there was a very recent exploit of like voicemail. 00:48:38.400 --> 00:48:44.400 People can just take over certain aspects of your uh SMS and in your sim by voicemail, right? 00:48:44.480 --> 00:48:47.360 And and so just never use SMS, it's just not a good idea. 00:48:47.599 --> 00:48:51.599 Um, use a password manager um to the extent possible. 00:48:51.679 --> 00:48:56.960 Like if you're using Proton Mail, use a different email for every single site you send, sign, sign, sign up for. 00:48:57.119 --> 00:49:00.000 Um, quick updates, you know, trust the channels. 00:49:00.079 --> 00:49:02.400 Do not fucking click any like weird

shit. 00:49:02.639 --> 00:49:05.360 Only go to like the known.coms. 00:49:05.599 --> 00:49:08.559 And there's a bunch of like Opset guys like this you can find online. 00:49:08.800 --> 00:49:10.079 You can even just ask Claude. 00:49:10.400 --> 00:49:11.360 Just do the basics right. 00:49:11.440 --> 00:49:13.840 The basics are probably 90% of the effort. 00:49:14.159 --> 00:49:15.679 Okay, my last question, I'll let you go. 00:49:15.760 --> 00:49:17.039 This is this was actually pretty sick, by the way. 00:49:17.119 --> 00:49:17.760 Thank you for doing it. 00:49:17.920 --> 00:49:18.880 I'm not trying to get you in trouble. 00:49:18.960 --> 00:49:20.079 I'm not trying to clickbait you in this one. 00:49:20.159 --> 00:49:24.480 I actually just curious, you could maybe take a pause and I I won't let my clippers bait you. 00:49:24.800 --> 00:49:32.079 But um, where does hyperliquid rank on vulnerability level here? 00:49:32.320 --> 00:49:35.360 And is that something that we should be thinking about? 00:49:35.519 --> 00:49:38.639 Tradex BZ just posted something that they were getting attacked at some level. 00:49:38.719 --> 00:49:41.440 Like, where is hyperliquid on the vulnerability scale here? 00:49:41.760 --> 00:49:46.400 It's pretty hard to say because I don't think their code is still open source. 00:49:46.800 --> 00:49:52.079 So I'd be just going off intuition and a lot of assumptions I'm making that are vibes-based. 00:49:52.320 --> 00:49:58.960 One thing I'll say is I think the biggest bridges in and out of hyperliquid are units, uh, hyperunit with Shoku. 00:50:00.079 --> 00:50:05.840 And I think that's a choke point that Shoku can close off pretty fast. 00:50:06.079 --> 00:50:08.239 Um, and I think they have been doing work on it. 00:50:08.320 --> 00:50:11.599 So if there was like a big hack, it's like, how do you get off hyperliquid? 00:50:11.760 --> 00:50:17.039 And it's generally through hyperunit, as far as I'm aware, maybe there's some other weird ones, but I'm guessing they're lower liquidity. 00:50:17.280 --> 00:50:17.840 So you're stuck. 00:50:18.079 --> 00:50:22.320 Well, then I think yeah, like Shoku would just shut you off, is how I see it. 00:50:22.559 --> 00:50:35.519 Um and then with hyperliquid, I think it's since it's a bit more, let's say the core team is very influential in like the activities on the chain, I think they'd be able to respond pretty fast. 00:50:35.760 --> 00:50:41.760 As opposed to like a Bitcoin, if there's like a huge issue on Bitcoin, how are you gonna coordinate that many people, right? 00:50:41.840 --> 00:50:43.199 That's just that's pretty tough. 00:50:43.440 --> 00:50:46.559 So I I'm I'm not super worried about hyperliquid. 00:50:46.639 --> 00:50:50.800 I think something could happen, as with anything else, but it seems like they have the right things in place there. 00:50:51.119 --> 00:50:52.400 Mert you're the goat, dude. 00:50:52.480 --> 00:50:54.079 The doom posts are killing me when you do them. 00:50:54.239 --> 00:50:55.760 But you are a reasonable guy when you come on. 00:50:55.840 --> 00:51:00.480 You're uh our resident zero day panic, doom or gloomer that comes on and tells us it's all gonna be okay. 00:51:00.559 --> 00:51:03.840 So as long as you keep telling us it's gonna be okay, I I think it is. 00:51:03.920 --> 00:51:04.880 Um you're the man. 00:51:04.960 --> 00:51:05.360 Anything else? 00:51:05.440 --> 00:51:07.519 Anything you want to show, uh send people to? 00:51:07.760 --> 00:51:09.840 Any uh anything to add at the very end? 00:51:10.079 --> 00:51:10.320 Nope. 00:51:10.400 --> 00:51:11.519 Just buy a YubiKey. 00:51:11.679 --> 00:51:12.639 Yeah, buy a YubiKey. 00:51:13.119 --> 00:51:15.360 You got a uh like a ref link? 00:51:15.519 --> 00:51:17.840 No, I don't uh just buy the stock. 00:51:17.920 --> 00:51:18.880 It's I got you, brother. 00:51:18.960 --> 00:51:19.360 Bye Mert. 00:51:19.440 --> 00:51:20.320 I'll see you in the next one, bro. 00:51:20.400 --> 00:51:20.960 Thanks for coming on. 00:51:21.119 --> 00:51:21.360 Much love. 00:51:21.519 --> 00:51:21.920 All right, peace. 00:51:22.159 --> 00:51:22.400 Thank you. 00:51:22.480 --> 00:51:22.880 Bye bye. 00:51:23.199 --> 00:51:23.840 Seems like we're fine. 00:51:24.480 --> 00:51:25.599 Seems like we're fine, no? 00:51:25.760 --> 00:51:26.480 What do you think? 00:51:26.719 --> 00:51:27.440 I don't know. 00:51:27.599 --> 00:51:29.039 I it's a weird one. 00:51:29.119 --> 00:51:33.519 I the the thing for me continues to be that yeah, we we we good. 00:51:33.599 --> 00:51:34.400 Mert's handling it. 00:51:34.559 --> 00:51:45.440 Here's the thing is like you make a good point, he makes a good point where it's like, okay, the main incentive for hacking is just like crypto systems, which have been the main incentive forever, which people have been trying to hack forever. 00:51:45.679 --> 00:51:48.719 Now there's obviously a work, I can't spell. 00:51:48.800 --> 00:51:50.000 Is that like shocking to you? 00:51:50.239 --> 00:51:51.679 Calci tweet question mark. 00:51:51.840 --> 00:51:54.880 German politicians' iPhone have been hacked by possible spyware. 00:51:55.360 --> 00:52:01.920 Okay, the main financial outcome is hacking a crypto system, obviously, an exchange or whatever. 00:52:02.000 --> 00:52:03.119 You can fucking get off. 00:52:03.280 --> 00:52:04.960 There's been two, there was two today. 00:52:05.199 --> 00:52:06.960 For some reason, I'm just not concerned. 00:52:07.039 --> 00:52:11.599 I don't know if I'm supposed to be concerned, but if my money gets hacked on Coinbase, I'm getting the money back. 00:52:11.760 --> 00:52:14.480 And if I don't get it back, then the whole world is over. 00:52:14.639 --> 00:52:16.400 So that's is what that is. 00:52:16.639 --> 00:52:24.079 The hyperliquid thing would be extremely unfortunate, and I give it a pretty low probability, but it would also be over if that happened. 00:52:24.239 --> 00:52:27.599 And so I'm gonna just assume that it's not gonna happen. 00:52:27.920 --> 00:52:31.119 If you have money in orbit and it gets hacked, you're not getting your money back. 00:52:31.199 --> 00:52:32.559 But why do you have money in orbit? 00:52:32.719 --> 00:52:38.880 Money in my Bank of America account is not getting hacked, and even if it does get hacked, I'm getting made whole. 00:52:39.119 --> 00:52:42.559 And there's no scenario in which I don't get made whole off of that. 00:52:42.639 --> 00:52:46.800 And if there was a scenario in which I didn't get made whole from Bank of America, the world's over anyway, so who cares? 00:52:47.039 --> 00:52:50.960 If my phone data gets hacked, well, it already is. 00:52:51.199 --> 00:52:53.920 My identity's been stolen like 20 times. 00:52:54.159 --> 00:53:00.239 I have to file a pin with the IRS because somebody actually paid taxes under my name one time, which was crazy. 00:53:00.320 --> 00:53:02.159 I don't know who would do that, but they did. 00:53:02.400 --> 00:53:05.039 And so that isn't that big of a deal. 00:53:05.199 --> 00:53:07.519 If my email data gets hacked, not a big deal. 00:53:07.599 --> 00:53:09.199 It's already happened, I can imagine. 00:53:09.360 --> 00:53:15.280 If my iMessage history got hacked, that would be unfortunate, but it's probably already happened. 00:53:15.519 --> 00:53:25.119 If my Instagram DMs got hacked, um it wouldn't be ideal. 00:53:25.280 --> 00:53:27.199 Yeah, it wouldn't be ideal on that. 00:53:27.280 --> 00:53:28.559 I'll just come out and say it. 00:53:28.639 --> 00:53:29.760 It wouldn't, it wouldn't be ideal. 00:53:29.920 --> 00:53:30.719 That wouldn't be ideal. 00:53:30.880 --> 00:53:35.039 My shooting percentage at the rim is like I uh it's gonna be a big week. 00:53:35.199 --> 00:53:43.599 Lock the fuck in, strap in, get focused, let's get our shit together and let's have a good one. 00:53:43.679 --> 00:53:45.760 I love you, I appreciate you. 00:53:46.079 --> 00:53:48.320 If you're new here, I'm live every morning, 8 30 a.m. 00:53:48.400 --> 00:53:48.719 EST. 00:53:48.800 --> 00:53:50.480 It's really like 8 41, give or take.