EP 752: Bitcoin Soars, DOGE barks, and Shaq Settles - BAD NEWS for Nov 19, 2024

EP 752: Bitcoin Soars, DOGE barks, and Shaq Settles - BAD NEWS for Nov 19, 2024

Released Wednesday, 20th November 2024
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EP 752: Bitcoin Soars, DOGE barks, and Shaq Settles - BAD NEWS for Nov 19, 2024

EP 752: Bitcoin Soars, DOGE barks, and Shaq Settles - BAD NEWS for Nov 19, 2024

EP 752: Bitcoin Soars, DOGE barks, and Shaq Settles - BAD NEWS for Nov 19, 2024

EP 752: Bitcoin Soars, DOGE barks, and Shaq Settles - BAD NEWS for Nov 19, 2024

Wednesday, 20th November 2024
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0:00

Another week, another Bitcoin all-time high,

0:02

in what many believe is just

0:04

the beginning of the crypto bull

0:06

run. MicroStrategy puts

0:08

more money on the table for

0:11

Bitcoin. Dogecoin pumps as Elon posts

0:13

a new Dogefather meme, but why

0:15

is Ethereum lagging behind? There's

0:18

talks of many of the SEC cases

0:20

going away along with Gary Gensler. Trump's

0:23

media stock pumped on rumors of an

0:25

acquisition of a crypto exchange and Shaquille

0:27

O'Neal has signed an $11 million

0:30

settlement for a class action suit.

0:33

What in the wide, wide world of

0:35

WTF is happening? We'll explore it all

0:37

right here on our Bad News, episode

0:39

number 752 of the Bad Crypto Podcast.

1:16

It's the Bad Crypto Podcast, still

1:18

here, not going away. Once you

1:20

go bad, you never go back.

1:22

Joel Combs Travis Wright, what's happening,

1:24

Trapp? It is

1:26

not bad crypto or sad crypto

1:29

right now. It's pretty solid crypto

1:31

and it's been fun

1:33

watching the thing do its thing,

1:35

right? I mean, it was like last week we were

1:38

talking about it, like what it did. It

1:40

had a $10,000 crypto day on Bitcoin. That's

1:42

pretty crazy. It's been fun watching

1:44

it run, son. That

1:47

is true. So what is it right

1:49

now? It's like $3.2 trillion market gap. I saw

1:51

like 2. almost what?

1:54

Almost 3.25. So it was

1:56

almost, well, here we go. Let's

2:00

tie. I'm stamp this, it's the 19th of November

2:02

in 2024, 715 PM in Puerto Rico, which means

2:07

it's 415 PM over on

2:09

the left coast, where

2:11

more people voted red than

2:13

since Reagan. Pretty amazing. And

2:16

the total crypto market cap is 3.2

2:19

trillion in change. Bitcoin 91,807, hitting 94,000

2:21

plus today breaking a new all-time high.

2:28

Ethereum 3104, Solana 235, BNB, $613, XRP back over

2:30

a dollar, up 52% this week, Trav, Dogecoin,

2:42

38.5 cents, and Cardano

2:44

in the number 10 slot also coming

2:46

to life for the first time in

2:48

what seems like years at 73 cents.

2:52

Yeah. And you know what's completely wild,

2:54

man? So what was it? A couple

2:57

of weeks ago, you know,

2:59

we had that scenario where the

3:02

New York, some department

3:04

in New York went in and grabbed that

3:06

squirrel and raccoon and euthanized them, right? And

3:08

then like the very, I think it was

3:10

about a week ago, I guess, at this

3:12

point. And then so I wasn't

3:15

paying attention. I was literally staying offline for the

3:17

most part that day. And so I didn't see

3:19

that happen until the next day. And then I

3:21

go, Oh man, that I bet that's

3:23

going to launch a project. A

3:25

peanut squirrel. I was looking and then I saw

3:27

one and it was like, it was

3:30

like a hundred million. I was like, Oh man, it's

3:32

a hundred million already. Yeah, I missed that one. Well,

3:35

the squirrel is $1.7 billion. So

3:38

it did another 17 X, uh, 2

3:41

billion, dude, it hit as high as two. It

3:43

hit as high as, uh, Oh

3:45

yeah, you're right. One and a half billion. Look at

3:48

this. You could have bought it

3:50

the day after the week. It happened for just

3:52

a few pennies and it went by boop. And

3:55

right here, people are thinking, Oh my gosh, I

3:57

got to sell here. And then it went, bam.

4:00

Yeah, no, I remember seeing it. I think I

4:02

saw it right after it did that pop or

4:04

what is in the process of popping where it

4:06

went from six on the 10th of November. That's

4:09

when I saw it and it was

4:11

like it was like it was like a

4:13

hundred million already. It was

4:15

like 30 something cents, 20 something cents. And

4:18

then yeah. And then that

4:20

thing just went, it just went off

4:22

and wow. So over the course

4:24

of over 3000% you got in at the right time. Yeah.

4:29

You could have got into this thing

4:31

at pennies pennies and you

4:33

have a look at the market cap. When was that? Yeah. So

4:36

the market cap was right about, right about a million dollars and

4:38

it took off and then it has a little pop pop and

4:40

then did another pop, pop, pop, pop, pop. Like I had

4:43

a friend going, Oh, I found it a 40 million.

4:45

I was like, yeah, I look at those sometimes in

4:47

the God, it's so weird.

4:49

Sometimes you think those are there going to be

4:51

tokens that just take off. Like we had the,

4:53

we brought, we talked about Finky coin back in

4:55

June or July, but that would take off. It

4:58

never got over, you know, it never got over

5:00

a couple of million Maha's. Another one we had

5:02

with Kyle Kemper on the show yet.

5:05

That one though, looks like it could be

5:07

primed to pop when the time is right.

5:09

Cause that thing got up to 9 million

5:11

market cap dude. When, when RFK

5:13

Jr takes office and people

5:16

are, people are saying Maha Maha Maha.

5:18

I just, I just wonder when

5:20

more of those people are going to start flowing. And

5:22

I do notice that on that Maha token, more,

5:25

more holders are popping on it and more

5:27

people are in the telegram group consistently. It

5:29

seems to be growing. So maybe it'll pop.

5:32

I think that should be, it seems to

5:34

me like that's a hundred million dollar token.

5:36

If peanut is 1.7 billion,

5:38

like how is Maha not a billion? I

5:40

don't know. I don't understand it sometimes brother.

5:43

It's it's, it's culture. That's a culture is,

5:45

is the leading edge. So the Bitcoin price

5:47

over the last 24 hours down

5:49

from about a low 90,000 up to 94 and $40

5:51

currently sitting at

5:58

9 1 8 8 6. And

6:01

so it tested that new all-time

6:03

high came back and now we're

6:05

looking for those higher highs the

6:07

crypto feet Feed and

6:09

Greer index fear and greed index.

6:11

We are in extreme greed at

6:14

84 right now and It

6:17

could hang out here for some time,

6:19

right? We could we could be super greedy

6:21

here For quite a

6:24

bit as we enter this this

6:26

bull run These

6:28

these folks here at Bernstein

6:30

I'm assuming that these analysts

6:32

have these targets and they're

6:34

saying that Bitcoin can reach

6:38

200,000 this cycle, but you've got you know,

6:40

you got people like Michael Saylor saying half

6:42

a million this cycle nobody knows Oh, I

6:45

then you got plan B who was talking about what

6:48

a million or more could he said could

6:50

he said 500? 200,000

6:53

to a million on the outside I

6:55

could fly out my ass if I

6:57

had monkey baby seedlings flying monkey seedlings

7:00

up my ass Then maybe

7:02

they could fly out of it, too. Well Yeah,

7:05

what everybody's talking about is

7:07

the incoming supply shock That

7:10

the amount of tokens on Exchanges

7:13

continues to drop the amount of Bitcoin

7:15

that is available continues to drop Well,

7:18

what happens as we enter

7:20

into the bull run and retail starts

7:22

paying attention And you've got

7:24

all of these these agents that are

7:26

brokers that all of a sudden Suggesting

7:28

to their clients that they put five

7:30

ten percent of their assets and into

7:32

Bitcoin. Where are they gonna get it?

7:36

Well, I mean look look at the search term On

7:40

Google Trends and you kind of pull that

7:42

up over time over the course

7:44

of the last I'm gonna go last five

7:46

years We're looking

7:48

at Bitcoin right now hit an

7:50

all-time high I

7:53

got 100 like in May of 2021

7:56

and right now it's not even at

7:58

it's a Bitcoin right

8:01

7075 so it's not even close to

8:03

the all time high even when we did the

8:06

it hit bitcoins popped off

8:08

back in 2021 like

8:10

January February March

8:13

May like pop pop pop 100 near 100 going up

8:17

100 so we haven't even hit 100 for

8:19

the first time yet and so as

8:21

more and more people start talking about it as

8:23

the I know what Cynthia Loomis

8:25

who is a senator Wyoming

8:28

is all right. Yeah,

8:30

she has put together a Bitcoin act

8:32

to create that strategic

8:35

Bitcoin reserve

8:38

right so and then and then if

8:40

America does that more other countries

8:42

are going to create a strategic

8:44

Bitcoin reserve and then you're going

8:46

to have I mean look you

8:48

have El Salvador every day buying everything

8:51

like buying one Bitcoin every day you

8:53

know every day no matter what buying a

8:55

Bitcoin buying a Bitcoin like well and then

8:58

you've got micro strategy that just this week

9:00

acquired another 4.6 billion

9:04

just yesterday 4.6 billion they are now up to

9:09

three hundred and thirty one

9:11

thousand two hundred Bitcoin they

9:13

bought a hundred and forty two thousand

9:15

just this year alone and now they're

9:17

saying hey we want to raise another

9:21

1.75 billion with zero percent interest notes like how

9:23

did we get in on that deal? Yeah,

9:25

I need to get me some of those I'd like to

9:28

I would just put mine put it out there

9:31

I would also like to buy nineteen thousand sixty

9:33

five Bitcoin at current prices with

9:35

one point seven five billion dollars with

9:37

zero percent interest I'm a big fan

9:39

of zero percent interest loans like that

9:41

you guys so whoever's out there wants to

9:44

hook us up with that we're good we're mean we're

9:46

not bad we're good here's

9:49

the the chart that shows every

9:51

time that micro strategy has done a

9:53

purchase the the green dots here and

9:56

these are the average market prices at those times so

9:59

look at that right right now, everything

10:01

that they've bought previous to

10:03

yesterday up into, including yesterday is

10:05

well in the green. And

10:08

I got to imagine that their average price is somewhere

10:10

around $40,000. So,

10:13

okay. Listen, what their little dotted line is,

10:15

is that their cost price averaging? Yeah.

10:17

Dollar costs average. The average is

10:20

clicking close to 50 grand, but do they were buying a

10:22

bunch when it was 10 grand, 20 grand, 30 grand, 40

10:25

grand, 50 grand, 60 grand, 50 grand, 40 grand, 30

10:27

grand. And

10:30

they're not stopping. They're not stopping. They

10:32

are going to be the world's most

10:34

valuable company. They are going to surpass

10:36

Apple and Nvidia at the rate that

10:39

Bitcoin is going. But I guarantee you,

10:41

Trav that there are other enterprise businesses

10:43

as well as nation states that are

10:45

quietly front running the U S no.

10:49

Microsoft had a, had a vote up to buy

10:51

get Bitcoin on their deal a few weeks ago

10:53

and they, and they declined it. They said, nah,

10:55

we're great. We're good. And so my

10:58

grow strategy better than Microsoft, which by

11:00

the way is what Bill Gates calls

11:03

his penis. By

11:05

the way, speaking of those,

11:08

you know, retail, this article

11:10

on coin telegraph says Bitcoin

11:12

investment quote material impact captures

11:14

pension funds attention. Even a

11:16

small allocation of Bitcoin in

11:18

a traditional investment fund can

11:20

be beneficial. And when you

11:22

look at how many people

11:25

are in funds that are not yet in Bitcoin,

11:29

it's just, I think, yeah,

11:33

when this supply shock

11:35

hits, it makes perfect

11:37

sense why it's going to

11:39

go by BAM, baboon baboon, babong. Like once

11:41

we hit go past a hundred thousand, what

11:44

is that again? Being the ding, babong, the

11:46

bong, something like that. I'm paraphrased the bong

11:48

part. I like paraphrased. And

11:50

I found this chart, this video last week,

11:52

Travis that I want to share and we're

11:54

going to link to the whole video so

11:57

that you can see it. It's in the

11:59

show notes. badco.in

12:02

forward slash what episode is this?

12:04

7 52 7 52. And

12:07

uh, for those of you watching the visual

12:09

version, which you should be, by the way,

12:11

it's great that you listen to us. If

12:13

you're listening on Apple podcasts or Spotify or

12:15

I heart radio or whatever, we appreciate that.

12:17

But if you want to see the visuals,

12:19

especially from news, then you want to go

12:22

to the YouTube channel and uh, and watch

12:24

there. So this is a comment and like

12:26

it because like we like viral velocity. This

12:29

is good. This video that he's talking about is the

12:31

one Bitcoin chart that you need to know, uh, about

12:34

what's going to happen between now and

12:37

next year. And so I

12:39

saw another company, another video, uh,

12:41

producer called, uh, wisdom bites that

12:43

talked something similar to this. And

12:46

this is interesting because historically

12:48

Bitcoin cycles last about 500 days,

12:51

give or take on either side of

12:53

the having. So you normally have the

12:56

low about a 500 days before the

12:58

having, and then you have that all

13:00

time high about 500 days after that

13:02

having now it's been 542 days, 538

13:06

days, 12 days. All

13:08

right. So some when day 500

13:10

hits ding, ding, ding, which I

13:12

don't know exactly what that day

13:15

is September, but it's in September.

13:17

And so sometime in September in

13:19

the, in the October is probably

13:22

based on historical cycles of Bitcoin.

13:25

The past is not equal to

13:27

future, but there's done it four

13:29

times in a row. Is he going to do it

13:31

again? Hard to say this one. I mean, I just

13:33

always look at this going, dude, man,

13:35

if governments are creating strategic Bitcoin reserves and

13:37

all these normies are coming in, is it

13:40

going to be like a normal cycle? I

13:43

think it's going to be accelerated. Uh, and it could go

13:45

faster. I mean, if you look at the one here from

13:47

2017, it's a, the, the time itself for the

13:51

bull run was shorter. If you look at

13:53

the, the width here of the green section,

13:55

that's the bull run, um, this one here

13:57

is longer. And this is the projection right

13:59

now. You are here. So for

14:01

anybody who wonders where you are in

14:03

the timeline, you are just at the

14:06

beginning of this part of the cycle

14:08

right here. And this is

14:10

what we're looking for over the next nine

14:13

months pretty much to be in here. And

14:16

so if you just look at the 500 days,

14:18

historically, if you would have bought 500 days

14:20

before the having and sold 500

14:23

days after, you would be very,

14:25

very much in the money. Is it

14:27

going to repeat itself this time? I'll

14:29

tell you what, both of us Travis

14:31

got, got wrecked in the

14:34

last two bull runs to one degree

14:36

or another. And this time now that

14:38

I'm aware of how these cycles work,

14:41

I don't think I'm planning on getting wrecked

14:43

again. How about you? Yeah,

14:45

my rectum is tired of getting wrecked. Everybody's

14:50

status. My underwear. Yeah. So

14:52

that's just a good thing. Bitcoin

14:56

and crypto has a way of,

14:58

you know, the

15:00

future kind of rhymes with the past,

15:02

but not always. So it could be,

15:05

it could be pretty good to say, Oh, it's day

15:07

500. I'm actually going to find out what day the

15:09

site, what day the having was, what day 500 days

15:12

is after that. And then I'm going

15:14

to make a note because then normally, so what's going

15:17

to happen is Bitcoins should hit a, should

15:19

hit a high someplace in September. And

15:22

then now what normally happens and what's happened

15:24

on every other one of these, it hits

15:26

that high. Then it does a little, like

15:28

a 20, 25% to do

15:30

like it just dumps like quickly.

15:32

And then it has a little

15:35

dead cat bounce. And then, next thing you know,

15:37

you're down 40% in like

15:39

a week, week and a half. And it's like,

15:42

if you're not paying attention, there's like something happens.

15:44

And then whoosh, that's what happened every time. And

15:46

it's like, Oh, it's going to come back a

15:48

little bit. Nope. It's down another 40%.

15:51

Next thing you know, those tokens are down in a low.

15:54

So I mean, we're going to see it 500

15:56

days after 500 days. So

15:59

basically 500 days. after the having and

16:01

then you have this time in between that before 500

16:03

days before the next having. We'll

16:06

see. Is history going to repeat itself? We'll

16:09

shout. We shall see. So will it rhyme? I

16:12

don't know. Well, there's certain, I can't find the

16:14

exact chart that I was looking for, but there

16:17

is a, um, a psychology

16:19

of investment and I

16:21

can pull up, uh, this one

16:23

here so that see if

16:25

it shows it here. Yeah, here we go. Um,

16:29

there's one that actually shows what the

16:31

chart looks like. This just kind of

16:33

is a roadmap right there. And

16:35

this, this is where,

16:37

you know, you could see the ups and downs. I

16:39

think right now we are

16:42

somewhere between optimism and

16:44

excitement. And what you

16:47

were talking about was denial right

16:49

around here where the Mart you

16:51

feel the length, just the markets

16:53

falling, but you think, no, no,

16:55

it's going to come back. It's

16:57

going to be fine, but more

16:59

down we go. So traditionally when

17:01

referring to that last chart, despondency

17:03

would be that 500 days before

17:05

the having and euphoria would be

17:07

500 days after the having.

17:09

And I will link to this. Check

17:11

this out, Joel. So the starting the

17:13

having day this last time was April

17:16

19th, 2024, right? 500 days after

17:19

that is September 1st, 2025. So

17:22

on September 1st, we're going to make

17:24

a note. I'm putting on my calendar

17:27

today. It's 500 days past that. Let's

17:29

see where we are. Then I'm going

17:31

to say we're going to be at least $180,000, maybe 220,000 was somewhere in between that.

17:33

And then

17:37

shortly thereafter we could be going back now, probably

17:39

going to go back to like 90,

17:43

80, 90, you know, as a low, maybe, I

17:45

don't know. Let's see where this thing goes. I

17:47

don't even, it's really hard to, it's really hard

17:49

to guesstimate right now because we could be looking

17:51

at much higher numbers. We could indeed also lower

17:53

than we think. Who knows? This is a really

17:55

interesting theory. I came upon that was shared in

17:57

a group today, the orange elections theory. Yeah,

18:00

the guy TK9, TK underscore nine

18:02

on Twitter, posted this orange election

18:04

theory and he said the elephant

18:07

in the room wasn't

18:09

red versus blue. It was the fact

18:11

that Trump showed up at Bitcoin 2024

18:13

and said that he is going to,

18:15

him and RFK Jr. were going to

18:17

support Bitcoin, that there would be a

18:19

strategic reserve for America, that they were

18:21

going to fire Gary Gensler, that there

18:23

would be regulatory reform, that they were

18:25

going to pardon Ross and that they

18:27

were going to embrace crypto innovation. And

18:30

he goes on to detail how all

18:32

of this looks here, but you know,

18:35

based on the number of Bitcoiners and

18:37

the vote swing in these swing states

18:39

of people that are holding Bitcoin, you

18:41

can see how Bitcoiners

18:44

could have indeed won the

18:46

election for Trump. So

18:49

really fascinating. Yeah, it

18:51

does show that there's what 24

18:53

million plus conservative crypto

18:55

holders. Wow. Maybe

18:58

so. 24 million. That's a

19:00

pretty big number. So I like

19:02

that. I like that theory. Here's

19:04

the problem. We've been talking about this

19:07

for a long time. All this innovation

19:09

has been leaving America. It's been going

19:11

to Switzerland. It's been going to Singapore.

19:13

We're going to the Caribbean. Companies

19:16

are leaving America in droves. Remember, remember

19:18

when Dragon Chain happened, Joel? Like that

19:20

was one of the very first ones

19:22

because Dragon Chain, like I had

19:24

a nice little sack and it was

19:27

going on $5. Nobody wants

19:29

to know about your nice little sack. My

19:31

fat sack plopped it on the table and

19:34

Dragon Chain was like five bucks.

19:36

Next thing you know, it was

19:38

pennies. The SEC came in and

19:40

dropped their fat sack, bumped it

19:42

on the table and said, who's

19:44

back is bigger? And you know,

19:46

and that was the beginning of,

19:49

oh, are you in North Korea, Iran

19:51

or in the United States? Well, sorry, then you

19:53

can't participate in our exchange. Yeah. Dragon

19:55

Chain was definitely an early victim of

19:57

the SEC. been

20:00

able to fly dude. They had just brought in uh

20:03

a Starbucks VP

20:05

of payments and

20:07

they were doing and they they came over

20:09

from Disney. I was like this is it

20:12

bro. The dragon chain. I love

20:14

this and got wrecked.

20:16

Well, this is some proof that

20:18

Dragon Joe is awesome. Love that

20:20

guy. This is some proof that

20:23

uh you know Trump is serious

20:25

about this. Apparently his company uh

20:27

DJT is the ticker on uh

20:29

this on NASDAQ. His uh the

20:31

DJT stock popped yesterday that little

20:33

bit down today after reports that

20:35

is in talks to buy backed

20:37

the crypto exchange. That is the

20:39

exchange. Uh their first CEO was

20:42

Kelly Loeffler who is a former

20:44

Republican senator. She is now co

20:46

chair of Trump's inaugural committee and Trump

20:48

has 53% stake in Trump media and

20:52

disclosure. I own some shares in DJT.

20:55

He says he has absolutely no intention

20:57

of selling and his shares are worth

20:59

several billion dollars. So um

21:01

real interesting if they do indeed

21:04

uh buy this crypto platform that

21:06

is proof that uh he is

21:08

all in on crypto and I

21:11

think we're going to see that

21:13

innovation come back here and

21:15

uh America is going to make crypto even better.

21:17

It's already great. So you don't have to make

21:20

it great again but uh I

21:22

think that's going to happen and

21:24

um so that he's backed B

21:26

A KKT. We're in the we're

21:28

actually in the market to buy

21:30

a cryptocurrency exchange wrecked RE

21:33

KKT because that's my portfolio some days.

21:35

Other days it looks pretty nice. You

21:38

know what's interesting is Kelly Loeffler may

21:40

or may not have been an inspiration

21:42

for one of the original blockchain heroes.

21:45

Um yeah I'm pretty sure she was wasn't

21:47

she? Senator I believe yeah. No no senator

21:50

was um uh

21:52

was it her? Maybe it was

21:54

holding the big it was holding the big uh

21:57

gavel. It's been so long I I forget. I

21:59

forgot. You're talking about putting your

22:01

sack on the table, holding your big gavel.

22:03

Travis, would you stop with all the double

22:05

entendre? It's really, it's getting

22:07

out of control. Thinking about my big sack. More

22:09

Trump talk here. He met

22:12

with Brian Armstrong on Monday

22:14

to discuss personnel appointments. Of

22:16

course, Armstrong is the CEO

22:18

of Coinbase, also represented

22:21

through, represented, represented through

22:23

parody and blockchain heroes.

22:26

Remember? Yeah. Yeah. And

22:29

he's the CEO of Coinbase, as well. Very nice. Yeah. So,

22:32

um, very interesting. I love the

22:34

fact that, hey, here's where innovation

22:36

is going. Innovations in AI

22:39

and in crypto and some of these other areas.

22:41

Let's actually bring people in. Who knows what the

22:43

hell is there? Let's bring, let's bring, uh, experts

22:46

in the space. Key

22:49

opinion leaders and subject matter experts

22:51

in and actually get their opinion.

22:54

What an amazing idea that is, Joel. Like

22:56

to actually talk to experts. Wow. I know.

22:59

Go figure. Hey, I'm sure. I

23:01

know you saw this. I did too. The

23:03

entry into the UFC arena at

23:06

Madison Square Garden where Trump comes

23:08

in to thunderous applause and he's

23:10

got Elon Musk. He's got RFK.

23:13

He's got Vivek and he's got,

23:15

you know, Mike Lee and a litany of others that

23:17

were with him. A kid. He

23:20

had a kid rock and like, and

23:22

then he went over and hugged Joe

23:24

Rogan twice. Right. You know,

23:26

it was wild, wild about watching that because

23:29

I know we've had conversations about this before and

23:31

it's still, it's just such, it's so poignant for

23:33

me is that for years I've

23:35

just been thinking, man, we just have

23:37

super villains. We get

23:40

all these Marvel comic movies and

23:42

everything like, Oh, it's the Marvel

23:44

universe. Oh, it's DC Superman, Spider-Man,

23:46

Avengers. And like the real world

23:49

doesn't have, hasn't had any superheroes.

23:51

They've only had super villains like

23:53

Klaus Schwab and, and, and,

23:55

uh, you know, Bill Gates. If you

23:58

think he's an evil guy, Anthony Fauci. they're

38:00

scalable and it's untenable and it's

38:02

what's happening. No self awareness. I'm not sure

38:05

what the hell he said but I was like,

38:07

oh good god. You know, the thing is

38:09

he got a girlfriend and he's

38:11

all like check it out baby I'm gonna sing for

38:13

you and she's all like don't

38:15

you weirdo. Please don't. Really

38:17

weird rich, amazingly

38:19

rich guy. I mean

38:21

I don't know I think I think eventually we're

38:23

gonna see maybe I don't know how long it's

38:25

gonna be but you know how dorky for the

38:28

longest time zuck was and how dorky Bezos

38:30

was and then they started going to the

38:32

gym and starting to get ripped now and

38:34

now Zuckerberg's kind of ripped a little bit

38:36

and he's like he seems way more manly

38:38

like he's got more testosterone and he seems

38:40

less douchey like even

38:42

he even when Trump was shot in an

38:45

interview he said I mean you gotta admit

38:47

getting up there after getting shot pumping your

38:50

fists and saying fight fight fight is badass.

38:52

Yeah I mean there's a lot of people

38:54

that couldn't ever admit that right

38:57

and so I give him you know props

38:59

for that. I think he's trying to come

39:02

around I just think he's hanging around more

39:04

manly people because he's training like jiu jitsu

39:06

or something right and he's like and he

39:08

goes and watches the UFC fights and I

39:10

think that he's just like he's

39:12

like not as much of a beta cuck anymore

39:14

you know I mean Zuck's not a beta cuck

39:17

he's a mid he's a mid

39:19

cuck now. Well you shall see at

39:21

least he's not a heap of imaging because

39:24

nobody wants I you know I don't know how

39:26

you keep this name this name heap anyway

39:29

imaging heap is pioneering offering

39:31

AI powered songs as a

39:34

service. Imaging said I

39:36

want to enable the fans to come

39:38

in generate a piece of music based

39:40

on my piece of music and I

39:43

think that that's pretty cool. Here's permission

39:45

now do some some cool stuff with

39:47

my composition here make up something new.

39:49

I think

39:52

this is you know embracing the fact

39:54

that AI is here and there ain't

39:56

no stopping it. Yeah

39:59

now you know what what's interesting on these

40:01

is that so we got a song for

40:03

you today that I created so I

40:05

was I was playing around with this

40:07

I just had this I

40:10

heard a term limousine liberals right like you're

40:12

hearing all these different celebrities who are like

40:14

I'm out of here Trump wins I'm gone

40:16

like no you just went to Diddy's parties

40:19

and they got the FBI has video evidence

40:21

that you go on balls deep in some

40:23

dude's asshole and so that's weird and so

40:26

and so now you're all saying hey we

40:29

vote for Kamala because she's clearly the best

40:31

choice because if you vote Kamala you're not

40:33

gonna see videos of me doing things I

40:36

shouldn't be doing and

40:38

like whoa and then you got JLo

40:41

seriously we didn't trump is a danger to

40:43

me like my videos are gonna be released

40:45

like I mean seriously shut up and so

40:47

I was just thinking about all these limousine

40:49

liberals who it just didn't matter like they've

40:51

got they tell you the powers

40:54

of beast that you tell them people to vote

40:56

for Kamala they lined up in growth so I

40:58

wrote a song called limousine liberals are we playing

41:00

it here can I play it at the end

41:02

of the show yeah let's play it at the

41:04

end of the show it's and so I basically

41:06

kind of used this model where I was like

41:09

I like to make I said I want this to

41:11

be like a mid 90s Brit

41:13

pop rock a raw bold anthem

41:15

with swagger urging action over talk

41:17

driven by fierce guitar riffs Liam

41:20

G I want it to be like Liam Gallagher

41:23

kind of is an Oasis kind of vibe and

41:25

so that's kind of what we got and the

41:27

song came I love the song it's got it's

41:29

it's it's it's unlikely how catchy

41:31

it is dude I was like this is such a

41:33

good one like I'm really proud of this one because

41:36

it just come out catchy so here's the song of

41:38

the day for you guys all right well hold on

41:40

to it because we're not done yet so I

41:42

dropped my sack on the table again we're

41:45

gonna we're gonna play it at the end

41:47

we heard that but that was a big

41:49

ass lots of lots of celebrities were in

41:52

trouble during nft season and astroles the the

41:54

the the owners of astroles um

41:56

filed a class action lawsuit against

41:58

shakil and for his involvement and

42:00

apparently he signed an 11 million

42:03

dollar settlement for

42:05

this this particular lawsuit

42:09

and you know of course the attorneys will probably get 10

42:11

you know two-thirds of that and

42:13

people will get some of their money back. I'm

42:16

not sure if this was justice or

42:19

not just know that

42:21

cases like this I think are

42:24

some of the ones that are hopefully

42:27

going to go away with a new

42:29

SEC chairperson could be a chairwoman, chairman,

42:31

chairperson, chair thing, a

42:34

chair-zer, might be crypto

42:36

mom, could be, you know what she said she

42:38

doesn't want it though so I

42:40

don't know what's going on until they offer it to her and

42:42

they go you know what I think. I

42:45

mean think of the impact you can have if

42:47

you're trying to make an impact and they offer

42:49

you the top you know slot and like maybe

42:51

I can make an impact here I don't

42:53

know. Yeah I just

42:55

want to say apologize for you buying my NFTs

42:59

you know the digital asset supposed to be

43:01

great but you know don't never mind I

43:04

wasn't me. You're almost channeling Mike Tyson

43:06

there. You know I gotta

43:09

work on my Shaquille O'Neal. Yeah.

43:11

Hey everybody listen we're still accepting

43:14

five-star reviews if you will

43:17

make a five-star review on

43:19

Apple Podcasts screenshot that and

43:21

send it to us we

43:23

have a limited edition NFT

43:25

of the Avengers the

43:27

Trump's team really cool animated

43:30

NFT that Sir Lord Travis

43:32

has put together and we

43:34

put in the Trump bump with it was

43:36

that it the song the Trump bump. Yeah

43:38

the Trump jump bump which we created that

43:41

the day he did his speech

43:43

at the Bitcoin Nashville. Yeah so

43:45

send the screenshot of your five-star

43:48

review to us at Bad Crypto

43:50

Podcasts@gmail.com along with an ERC 20

43:52

Ethereum wallet address and we're

43:55

gonna be getting that out we appreciate you guys

43:57

thanks so much for joining us and

44:00

Is the song called Limousine Liberals? Limousine

44:02

Liberal. Yeah. I hear it coming on right

44:04

now. Stay bad. Limousine

44:30

Liberal. Yeah. Running out of

44:32

time. The Limousine Liberal. They

44:34

committed absentee crimes. Limousine Liberal.

44:37

It's about to get shitty.

44:39

And be pretty, because you party with titty.

44:48

Now you're backing every candidate they

44:50

make you say. Yesterday, it's fighting

44:52

and it's Kamala today. They

44:55

pull the strings and you play

44:57

the part. Caught in a game.

45:00

Blackmail from the start. Limousine Liberal.

45:02

You're running out of time. The

45:04

Limousine Liberal. They committed absentee crimes.

45:07

Limousine Liberal. It's over for

45:09

you. You don't know what to do

45:11

when you say you'll move. You

45:14

throw the fame and set you free.

45:16

The titties. Blackmail's got you A and

45:18

C. Now every choice is

45:20

made for your baby. Like

45:23

a puppet on strings. It's crazy. You

45:30

will know what to do when you say you'll move.

45:37

Limousine Liberal. You're

45:39

running out of time. The Limousine Liberal.

45:42

They committed absentee crimes. Limousine

45:44

Liberal. It's about to get

45:46

shitty. You won't be pretty,

45:48

because you party with titty.

45:50

Limousine Liberal. They're just another

45:52

clown. Oh,

45:54

yeah. It's Kamala.

45:57

You'll empire your dust. Your

46:01

power fades with every

46:03

broken trust All

46:06

the secrets he thought you'd keep Did

46:08

he shed them all and you're a

46:10

fucking creep? Who's

46:21

Bad? The Bad Crypto Podcast

46:23

is a production of Bad Crypto LLC

46:26

The content of the show, the

46:28

videos, and the website is provided

46:30

for educational, informational, and entertainment purposes

46:33

only. It's not intended to be

46:35

and does not constitute financial, investment,

46:37

or trading advice of any kind.

46:39

You shouldn't make any decisions as

46:41

to finances, investing, trading, or anything

46:43

else based on this information without

46:46

undertaking independent due diligence and consultation

46:48

with a professional financial advisor. Please

46:51

understand that the trading of Bitcoins

46:53

and alternative cryptocurrencies have potential risks

46:55

involved. Anyone wishing to invest

46:57

in any of the currencies or tokens

47:00

mentioned on this podcast should first seek

47:02

their own independent professional financial advisor.

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