0:00

Cryptosores on Trump's announcement

0:02

of a strategic crypto reserve and

0:04

it's gone like that as all

0:06

the gains are taken back and

0:08

we're right back where we started.

0:10

The SEC is offering $50,000 for

0:12

various employees to resign and Trump's

0:14

state of the union is sure

0:16

to be a humdinger as no

0:18

one knows exactly what's coming next.

0:20

The only thing that's certain in

0:22

the crypto world is uncertainty.

0:25

Oh and... us we're

0:27

still here for certain

0:29

during the bowl and

0:31

the bear so join

0:33

us today for news

0:35

on episode number

0:38

seven hundred and

0:41

sixty seven of

0:43

the bad crypto

0:46

podcast Cryptocurious

1:10

and the Cryptos serious

1:12

coming to you from

1:15

two exotic locations the

1:17

Dominican Republic and Kansas

1:19

City. My home office here with

1:21

my new fancy lights. Yeah that

1:23

is exotic what you got going

1:25

on if you guys are just

1:27

listening to the show and you're

1:29

not watching the show either on

1:31

YouTube rumble or live when it

1:33

happens on on X on Mixy

1:35

Media. then you're missing out on

1:38

the incredible amount of work Travis

1:40

has put into one of the

1:42

most bad ass organic authentic backgrounds

1:44

that I've ever seen I mean

1:46

there's so it's kind of like

1:48

a sergeant peppers album to me the

1:50

cover of the album I think that

1:52

subtly inspired you because you've always dug

1:55

you know that look yeah what I

1:57

really like what I really thank you

1:59

for one and these are all the

2:02

collective that I've gotten over all the

2:04

years. My favorite is I literally have

2:06

this like 12 inch Kobe and Michael

2:08

Jordan and they're sitting and they actually

2:11

extend outside of. the shelving unit. So

2:13

if you guys tune in, I'm doing

2:15

a lot of Tiktok's and in YouTube

2:18

videos for a few different channels that

2:20

I run. So you want to make

2:22

sure to connect and reach out and

2:24

do that. That would be awesome. I'd

2:26

love to see your friendly faces. On

2:28

Tiktok, I am Sir Lord Travis because

2:31

that makes sense. And then we're still

2:33

doing stuff on all the other channels

2:35

as well. Make sure you connect with

2:37

us. on Tiktok I am at

2:39

Joel Com and I have no access

2:41

to the account because I signed up

2:44

for it back when it was musically

2:46

and I used to do those videos

2:48

and then so it never connected to

2:51

a phone number or an email it

2:53

just had a login and so I've

2:55

got no way to access it doesn't

2:58

work on pastors and work on now

3:00

anyway I'm glad that you guys are

3:02

here for a rip-roaring episode in what

3:05

is allegedly still a bull market, but

3:07

feeling pretty sad right now because

3:09

we've got some serious drawdowns

3:11

taking place. So why don't

3:13

we jump right in here

3:15

with the gecko of the

3:18

coins and take a look

3:20

at the total crypto market

3:22

cap. Boy, it's been prettier,

3:24

Trave. It's been a lot

3:26

prettier than it is right

3:28

now. I'm gonna refresh it

3:30

just to get the current

3:32

2.83. trillion. Bitcoin, 82,500,7, Ethereum,

3:34

2060, X,RP, B&B, 565, Solana,

3:36

136, Cardano, 81.5 cents, Doge

3:38

coin, 19 cents, and Tron,

3:41

23 and a half cents.

3:43

And what's pretty remarkable here,

3:45

and I honestly, if you

3:47

would have asked me if

3:50

Pi network would have jumped

3:52

into the tops of the

3:54

crypto market cap, I would

3:56

have said no way. but it's

3:59

at number 12. sitting in a buck

4:01

seven. They did it. That's pretty, it's

4:03

pretty amazing to go out of nowhere

4:05

and then be worth almost, you

4:07

know, over 12 billion dollars in market

4:10

cap. Now, today is a big day,

4:12

Joel. Today is the day that the

4:14

tariffs kicked into place. So a lot

4:16

of people have been expecting this. Also,

4:18

I believe there's some unlocks that

4:21

have happened at the first of

4:23

the month with Solana for some

4:25

of the cantilian air. So that's

4:27

something that's happened. And so You

4:29

know, what's crazy is we're giving

4:32

tariffs to Canada, but Canada's been,

4:34

Canada's been, Canada's been giving us

4:36

tariffs for the longest time. There's

4:38

like ridiculous amounts of tariffs on

4:40

eggs and, and all kinds of

4:43

different agriculture and other things, like they've

4:45

been charging us a ton. And so we

4:47

did charge, we start charging you some and

4:49

you get all upset and been out of shape

4:52

and crying like babies. And it's really

4:54

crazy. So, you know, 25% on things

4:56

for Canada, 25% on things for Mexico

4:58

and just for good measure 10% for

5:01

China. It's 20 now. He raised

5:03

it. I think it's 20. He

5:05

raised it 20. So we're gonna

5:07

double that. We're gonna double that

5:09

10% is not huge enough. You're

5:12

gonna pay, but here's what's amazing

5:14

to me. He is, there's a

5:16

chipmaker. I can't remember the name

5:18

of it, but they're pledging, you

5:20

know, 100 billion in development to

5:23

the US. He has in the

5:25

first 45 days. gotten $1.6 billion

5:27

in commitment for made in the

5:29

USA. How much is that? How

5:31

much? $1.6 trillion. During Biden's

5:34

entire four-year term, he did

5:36

$1.7 trillion. Trump has almost

5:38

done that amount in just

5:41

the first six weeks. And

5:43

tonight, which will be yesterday

5:45

by the time, podcast listeners

5:48

here, this is the state

5:50

of the union. and he

5:52

has tweeted out that big

5:54

things are coming, essentially that

5:57

he's not holding back and

5:59

voyage. I sure hope he announces

6:01

that we're pulling out a NATO

6:03

in the UN. Well, there's gonna

6:05

be some interesting stuff. Now I

6:07

have been reading a lot of

6:09

different rumors about what the Democrats

6:11

are gonna pull tonight. So remember,

6:14

whenever Trump had the State of

6:16

the Union address before, one time

6:18

they all wear white because they

6:20

were so litigated with women and

6:22

then they never applauded anything that

6:24

was good that was for America.

6:26

And so now they're saying they're

6:28

either gonna throw eggs, they're gonna

6:30

bring in noise rattlers, they're gonna

6:32

walk out, but they have raised

6:34

up the security for the event.

6:36

They brought in metal detectors, which

6:38

whenever Trump came in, they took

6:40

the metal detectors away, they're bringing

6:42

metal detectors back. Tonight

6:44

could be a complete shit

6:47

show when it comes to

6:49

that State of the Union

6:51

because when crybabies don't get their

6:53

way, what do they do? They cry and they

6:55

throw a pow, and they pout and cry and

6:57

that's what they do. And that's probably what we're

6:59

gonna see. And

7:01

I think you may be froze, either

7:04

that or you're very stoic. I feel

7:06

like tonight is gonna be absolutely amazing.

7:08

Okay. And I think he's gonna have

7:10

great words to say. And it doesn't

7:12

matter what, you know, there's people on

7:14

the other side or like, see, this

7:17

is what you get when you vote

7:19

for this. And everybody on the right

7:21

that I know at least is going,

7:23

yes, more please. Dude, it's almost like

7:25

there's two concurrent realities going on. Like

7:27

one side is like, oh my God,

7:29

see, he's so horrible. The other side

7:32

is like, wow, look at all these

7:34

crazy things. Like, so if you just

7:36

look at it, you go, wow, it

7:38

seems like from all points of indication,

7:40

he's trying to bring peace to the

7:42

world, right? He's trying to bring peace.

7:44

He said, hey, let's have peace. And

7:47

then, but they're saying, no, because, you

7:49

know, Zelensky in Ukraine and Russia is

7:51

the, you know, aggressor and all this.

7:53

But then they don't ever talk about

7:55

how since 1991, NATO just keeps expanding

7:57

and keeps expanding to Russia's border. Which

7:59

has always been their point and so

8:02

imagine this imagine this if russia all

8:04

of a sudden worked with alberta and

8:06

ontario And they just started putting huge

8:08

russian military bases right on our border

8:10

and then and they said hey You

8:12

know teowanna. They put a big board.

8:14

They put a big russian Sort of

8:17

thing right there in teowanna and they

8:19

put another one right outside of el

8:21

paso Like how people be freaking out

8:23

bro And so yeah, you'd have latkes

8:25

in in teowanna when you cross the

8:27

border instead of tacos and that wouldn't

8:30

be right But you're correct nato was

8:32

never supposed to expand Beyond the borders

8:34

of what was agreed to and I

8:36

think most people don't know that and

8:38

they don't know that It's the u .s.

8:40

That said, uh, we're gonna push the

8:42

boundaries here We're gonna move into belarus

8:44

and we're gonna move into syria. I

8:46

think syria and uh in these other

8:48

countries and russia I got a really

8:50

good video On this that i'm gonna

8:52

let me see if I can find it and pull

8:54

it up here real quick Because it really talked about

8:56

it really showed it which I had never seen or

8:58

I hadn't seen it in this

9:00

way before And uh, let

9:02

me see. No, I can't I don't actually see it

9:04

You know what you think you can find it

9:06

and you like and then some yahoo Do they just

9:08

put like 100 posts up on their thing? But

9:11

uh, yeah, I saw a video just oh here it

9:13

is right here Let me uh click on

9:15

this one And

9:18

I'm gonna share my

9:20

screen Mr.

9:22

Graham Wow,

9:24

sounds real entertaining too. It's really it's

9:26

really entertaining how I was how i'm not

9:28

doing it, but I said i'm gonna

9:30

I think the understanding are those the crickets?

9:33

There we go There we

9:35

go. All right, so if we go back here and

9:37

I want to see if we go back here

9:41

the the some union collapses on none

9:43

of these and then all of a sudden

9:45

they created partnership for peace And

9:48

then all of a sudden you're gonna

9:50

start seeing these these dark blue popping

9:52

up as nato member Hmm

9:55

and that was never part

9:57

of the treaty that was never part of

9:59

the treaty we did it anyway

10:01

and we pushed it. The United

10:03

States previous administration has pushed it.

10:05

Yeah, well it started it started

10:08

with Clinton and that's what happened

10:10

if now Sweden and Finland are

10:12

part of NATO now and all of these

10:14

are part of NATO and and so it's

10:17

just kind of crazy when you look into

10:19

it and you see how that has been

10:21

and you know it's not what's supposed to

10:23

be that way. And so how much patience

10:25

do you expect? this guy to have

10:27

right so whenever so remember when

10:29

when Georgia became part of that or

10:32

they was trying to become part of

10:34

that boom immediately they said nope and

10:36

they had war with that and they

10:38

said no we don't want you directly

10:41

on our border and so the fact

10:43

that you're getting right up on

10:45

our border That pisses him off. It's

10:47

not that he's trying to take over

10:49

all of Europe, that's idiotic. That's them,

10:52

with their propaganda and their narratives, to

10:54

try to shape the minds of the

10:56

sheep, to tell them how to think,

10:59

but that's not actual the reality.

11:01

There's no doubt that Putin is

11:03

a dictator, right? Yeah, but there's

11:05

also no doubt that Zelenski is

11:08

the same. I mean, he's basically

11:10

called off the legal elections. He

11:12

has imprisoned political opponents. He's taken

11:14

a network. that puts up news

11:17

that might oppose the narrative off

11:19

the air. He's actually pulled entire

11:21

news network. He's closed out 11

11:23

different political parties I believe I

11:26

read. The dude is is much

11:28

of a dictator and I think

11:30

what he's he's he's like five

11:32

foot seven. Yeah. Right. Five foot eight

11:34

maybe. He really has a Napoleon complex.

11:36

He really has a big ego. He

11:38

comes up there with his chest all

11:40

puffed out, like he's some big shit.

11:43

Dude, you were an actor, bro, you're

11:45

a comedian, and you did a, you did

11:47

a comedic role that was, hey, I'm

11:49

the new president. And then, whenever the

11:51

US came in and ousted Poroshenko, he

11:53

got voted in because he had mine share,

11:55

because he was on TV as the

11:57

president, like, oh yeah, here's our president.

12:00

And so you know how voting

12:02

systems go anyways. I don't really

12:04

trust most any of them. So

12:06

he's the guy they wanted in

12:08

place. He's the global puppet and

12:11

They don't want the war to

12:13

end you can see they don't

12:15

want the war to end and

12:17

it's creating problems But it needs

12:20

Trump Trump has the cards

12:22

though, and he's he's not

12:24

backing down I know that there was some

12:26

idioms and some metaphors that were being

12:28

used that somebody who's a native speaker

12:30

who's not a native speaker of English probably

12:33

didn't understand. I think he got triggered

12:35

on something that was misinterpreted and it

12:37

kind of ruined a whole lot. You

12:39

can see if you watch that whole

12:41

50-minute Zilenski Trump thing. Some happened where

12:43

I don't think he got the correct

12:46

translation and it made him all mad

12:48

and he was all like this. and

12:50

he was well there's a lot of

12:52

pain bro it looked like he was

12:54

he was having a he was having

12:56

he was yeah he's sniffing mr. Tins

12:59

him and Kamala maybe backstage doing some

13:01

of that so let's take a look

13:03

here again at the fear and greed

13:05

index because you look last week how

13:07

much greed there was and now you

13:09

look at how much fear there is

13:12

in the market and it's all part

13:14

of the cycle and of course you

13:16

know after trial what he did the

13:18

other the other day with about the

13:20

strategic crypto reserve things flew and then

13:23

things came crashing back down just so

13:25

that was just a little pumping I

13:27

was like yes uh fine however now

13:30

I do think this Joel so on

13:32

the seventh in just a couple of

13:34

days I believe on Friday they're having

13:37

the first ever US crypto summit so

13:39

yeah a couple of days after so

13:41

tonight is the state of the union

13:44

and then there's gonna be lots of

13:46

news about that tomorrow and then

13:48

the next day and then Friday

13:50

boom they're gonna have the crypto

13:52

summit something's gonna to pop out

13:54

of that and hopefully over the

13:56

weekend we're gonna see some pops

13:58

from that crypto summit. news to

14:00

put the markets at ease.

14:02

But these tariffs and all

14:04

those other shit and global

14:07

stuff going on, freaking out

14:09

everybody, it looks like. So

14:11

Peter Shiff has always has

14:13

something to say and for

14:15

some reason we keep going

14:17

back to him He's a

14:19

villain that that you love

14:22

to hate or he just

14:24

love to love whatever it's

14:26

he's he actually tweeted something

14:28

Saying that it would make

14:30

sense for Bitcoin to be

14:32

part of a strategic reserve,

14:35

but he's saying that forcing

14:37

US taxpayers to buy a

14:39

Bitcoin and other worthless crypto

14:41

is preventing the market from

14:43

collapse. So he's saying that

14:45

this is propping up what

14:47

he believes is the inevitable

14:50

end of the crypto market.

14:52

But a lot of people

14:54

on the news call USAID.

14:56

But it's not. It's USA.

14:58

That's what looks like to

15:00

me. But no, but it's

15:02

AID stands for something. It's

15:05

an acronym. And it's not

15:07

supposed to be. It's Q&C

15:09

that it comes out aid.

15:11

But of course, what we

15:13

know is it's a gigantic

15:15

money laundering scheme for. You

15:17

have a way of doing

15:20

that naming things, something that

15:22

it's exactly the opposite of?

15:24

You know, like the Federal

15:26

Reserve, it's not federal and

15:28

it's not a reserve. That's

15:30

one of the very ones.

15:32

Yeah. So there's so many

15:35

of those cases that they

15:37

name it that, like the

15:39

Patriot Act. Not very patriotic.

15:41

No. In fact, I, you

15:43

know, having gone through the

15:45

airport just the other day

15:47

and watching TSA, I sure

15:50

hope that they terminate TSA

15:52

as a federal government, you

15:54

know, agency and give it

15:56

to the airports. it and

15:58

let the airports manage their

16:00

own security. I'd be a

16:02

fan of that. So let's talk

16:04

about the Trump pump. That's for a lot.

16:07

I mean, those things are, it's like, yeah,

16:09

but you know, you're right, a lot of

16:11

these other airports, but they still, having been

16:13

to so many airports that I've been to,

16:15

they all act sort of their own Laura.

16:17

It's very fascistic. Yeah, but all we

16:19

all we can deal with is what's

16:22

happening in the United States, right? And

16:24

they violate our rights. They violate our

16:26

rights every time we go through and

16:29

they scan us and they're patting down

16:31

grands. Well, you like that because you're, you

16:33

know, asking people if they nutted to

16:35

that. I was like, hey, could you

16:37

grab, could you grab my peep real

16:40

quick before I get on

16:42

my airplane? So the, the, the

16:44

tweet of, of, of trumps. basically

16:46

said that the the crypto reserve

16:48

strategic crypto reserve would happen and

16:51

he mentioned by name x r

16:53

p salana and cardano and he

16:55

said I'll make sure US is

16:57

the crypto capital of the world and

17:00

then he followed up I think you

17:02

know somebody said dude you forgot the

17:04

main thing and he says and

17:06

obviously BTC and Eath as other valuable

17:09

cryptocurrencies will be the harder reserve I

17:11

also love Bitcoin and Ethereum it was

17:13

an hour later that he that

17:15

he said that now I don't know

17:17

if he's playing you know 4D chess here

17:19

again you know because the people that

17:22

he's surrounding himself with are

17:24

very Bitcoin friendly, you know, he's

17:26

Michael Saylor is talking a lot to the

17:28

group here. David Sachs is the SEC chairman.

17:30

Is he a shitcoiner now? I don't know

17:32

and maybe we'll back off some of these

17:35

and maybe it'll just be Bitcoin still. I

17:37

don't know. What's your take? Well, I think

17:39

that it was interesting when you look

17:41

at each one of the chains,

17:43

they're all a little different, right?

17:45

And so you have Bitcoin with

17:48

the UTX transactions and the L2s

17:50

built on the Bitcoin, Ethereum, Ethereum,

17:52

Ethereum, Ethereum, Ethereum, Ethereum

17:54

is its own thing. It has all these

17:56

L2s that pop onto it, right? With all

17:58

the EVMs and whatnot. And so

18:00

on is its own sort of

18:02

ecosystem as well as Cardano. It's

18:04

its own thing. Now there's bridges

18:07

that make it EVM compatible, but

18:09

it's not an EVM chain. And

18:11

then also XRP. They're all complete

18:13

different technologies. And so that was

18:15

one thing I was chatting with

18:17

a potential partner was that man,

18:19

there's some opportunities there to become

18:21

a multi chain bridge for all

18:23

of those. If those are the

18:26

main tokens that are going to

18:28

be in. the reserve and if

18:30

those are the ones in the

18:32

reserve then every single US centralized

18:34

exchange should be able to you

18:36

know promote and sell those right

18:38

and and then so I think

18:40

I think we're gonna see I

18:42

think it's gonna be interesting to

18:45

see what happens during the the

18:47

crypto summit I think that's what

18:49

we're gonna want to see is

18:51

like that next week's episode on

18:53

Tuesday tune in jump on our

18:55

jump on our space. and we'll

18:57

be talking about what happened at

18:59

that crypto summit. I'll probably be

19:01

doing, I'll probably do some shorts

19:04

on it anyways too. I hope

19:06

it's not another nothing burger right

19:08

that there's actually progress that is

19:10

going to be made I think

19:12

that some of the states have

19:14

rejected a strategic Bitcoin reserve but

19:16

we've got the Oklahoma which may

19:18

be the first to the game

19:20

that's moving things forward and I

19:23

think that's kind of a custody

19:25

issue too because you don't want

19:27

Jimmy from IT to be managing

19:29

the private keys you know what

19:31

I mean I I don't know

19:33

that that private keys and cold

19:35

storage and you know airlocked systems

19:37

are enough for government custody kind

19:40

of things because imagine when one

19:42

administration moves to another administration and

19:44

then you got people who had

19:46

the keys before they're moving to

19:48

another so it's like it creates

19:50

a new kind of problem that

19:52

hopefully we can get figured out.

19:54

Well you know the SEC is

19:56

dropping cases left and right and

19:59

coin base is one of the

20:01

the previous victims that the case

20:03

has been dropped against and the

20:05

coin base is now saying a

20:07

How much exactly did it cost?

20:09

Gary Gensler to go to war against

20:11

crypto So they've got freedom of

20:13

information act requests out there to

20:15

to find out and I have

20:18

a feeling that we're going to

20:20

get those numbers We're going to

20:22

find out just how much the

20:24

SEC spent to pursue these crypto

20:26

companies. And by the way, I

20:28

just saw, I don't know if

20:30

it was last night or this

20:32

morning, but the case against NFTs

20:34

are not securities. So that has

20:36

been determined. SEC has dropped that.

20:39

So we can now safely say

20:41

that blockchain heroes and all the

20:43

NFTs that we created and the

20:45

millions and millions of other NFTs

20:47

out there in the world are

20:50

not securities. Wouldn't all

20:52

this news seems quite

20:54

bullish? Like yes, it seems

20:56

to me like that is

20:58

this Super bullish What's

21:01

going on? I concur. Well,

21:03

in the horse. Come on.

21:05

Do something. Again, if we

21:07

if we look back to

21:09

2021, quit poking the horse.

21:12

If you look back to 2021,

21:14

you will notice that we

21:16

had a double top that

21:19

crypto hit an all-time high

21:21

in January, I believe it

21:23

was, January, February of 62,000,

21:25

and then Bitcoin went down

21:27

more than 50% the drawdown

21:29

and alt-coins were worse. The

21:31

drawdown was horrible. People were

21:33

saying, this is it, it's

21:35

a short market, it's over.

21:37

And then by December, six

21:39

months later, knew all-time high.

21:41

I think this cycle looks

21:43

like that cycle driven by

21:45

all of this bullish news

21:47

that you're talking about. And

21:50

so we've got a hell

21:52

of a year in front

21:54

of us. That's what my

21:56

investments are saying. I'm in. And

21:58

many others are as well. sailor

22:00

is certainly in. Is he got half

22:02

a million Bitcoin yet? If not he's

22:05

awfully close. Sure getting close and you

22:07

know the tariffs You know, they're thinking

22:09

that this is causing the Trump slump.

22:12

We talked about the Trump bump. Now

22:14

it's the Trump slump. And I just

22:16

think this is a calm before the

22:19

storm. I mean, the things are

22:21

kind of just getting shaken out right

22:23

now. Has this gone the way we

22:25

thought it was going to go? No,

22:28

a Bitcoin hit 100 and what, 9K.

22:30

Yeah, that was at the top. That's

22:32

40K more than the previous all-time

22:34

high, by the way. Is that I

22:37

don't know. I don't think it will

22:39

be. I hope it's not. When you're

22:41

talking about tariffs, if you look at

22:44

the actual numbers, tariffs hurt them more

22:46

than they hurt us. It's actually a

22:48

net gain for America. So the fact

22:51

that people... Well, it does increase

22:53

the prices of the goods, which cost

22:55

more for them, and then so then

22:57

they charge more. But you've got industry

23:00

that's moving to the states we made

23:02

in America provide American jobs You know

23:04

you and I think our prices will

23:07

into this is going to be this

23:09

battle back and forth prices driven

23:11

down a little bit of a pain

23:13

before it gets to the pleasure is

23:16

what you're saying is okay We're pushing

23:18

you because that's one thing you said

23:20

is like oh if you want to

23:23

charge if you want to build these

23:25

cars in Mexico Then you're gonna try

23:27

you're gonna pay 25% terrafon these

23:29

things right in America and we'll build

23:32

the cars here And Honda just announced

23:34

that, just yesterday, Honda said that they're

23:36

moving a plant from Mexico to Indiana

23:39

and they'll be responsible for 200,000 civics

23:41

a year. So, I mean, it's

23:43

working. It's clearly, that's a good time

23:45

right there. And also this is going

23:48

to be very good for American farmers,

23:50

right? Because we've been subsidizing, you know,

23:52

Canadian farmers and stuff, but they still

23:55

charging as tariffs on top of these

23:57

weird subsidies. A lot of weird shit

23:59

that goes... on with that, but

24:01

yeah, you're exactly spot on. David

24:04

Sachs is being clear that

24:06

he has what will have

24:08

no investments in crypto. He's

24:10

he's already sold off his

24:12

Bitcoin Ethereum and sold before

24:14

joining the Trump. He sold

24:16

it at 109K. It was

24:18

very ironic. Whatever it was

24:20

he sold it and he

24:22

needs to you can't be

24:24

the cryptos are responsible for

24:27

the direct the regulatory direction

24:29

that crypto is going to

24:31

take if you have such

24:33

a vested interest and so

24:35

Allegedly he is out completely

24:37

at least that's what he's

24:40

saying there's some saying yeah

24:42

you're really are you in any I

24:45

sold them to my son yeah Anything

24:47

anything's possible, right? Who knows I mean

24:49

if you're in this game and you

24:51

want to be the czar you probably?

24:54

Want to keep your Bitcoin as

24:56

much as possible, right? So but

24:58

if he sold it good on

25:00

him really appreciate that and That's

25:02

interesting news. Yeah, there you go.

25:05

Well, the SEC is also providing

25:07

incentives for for staff to resign

25:09

in this case. They are providing

25:11

$50,000 incentives if eligible staff will

25:13

quit, take the money and run.

25:16

All right, I resign. I resign.

25:18

Let me give you my routing number.

25:20

I'm out of here. No, there's more of

25:22

these that are happening too. And it's

25:24

like, retire, resign, we'll give you a

25:27

little boost. And, you know, they gave

25:29

people the opportunity to do that early

25:31

on. And then they said, if you

25:33

don't do it, we're going to take

25:35

it all away. We're not going to

25:38

offer it again. But they're still offering

25:40

certain groups. to get a little bit

25:42

of cash. So what 50K? That's about

25:44

what in a lot of cases,

25:46

probably just a couple three months

25:48

of salary for many of them,

25:51

probably not a whole lot. So think

25:53

of how many job openings there are

25:55

or how many displaced employees in

25:57

Washington DC are happening.

26:00

as a result of all this

26:02

clearing out. Yeah, if you look

26:04

at like realtor.com or what's low,

26:06

the amount of properties that for

26:08

the bureaucrats in DC that are

26:10

on sale right now, like you're

26:12

gonna take a loss. There's you

26:14

can buy a property in DC.

26:16

So it's such a great deal

26:18

right now. If that's where you

26:20

want it to live, I can't

26:22

imagine wanting to live there. I

26:24

mean just the stench the leftover

26:26

stench the toxic sludge from the

26:28

swamp that's been there you think

26:30

would you know poison you and

26:32

your family but they're they're running

26:34

they're getting out is like ghost

26:36

karma just hanging out in these

26:38

houses that used to be there

26:40

from the different craziness that's all

26:42

happening in DC I've always thought

26:44

that DC should probably not be

26:46

in DC should probably be in

26:48

like Topeka or something Topeka Kansas

26:50

No, I just wanted away from

26:52

the circle of where it's been

26:54

for so long. I almost think

26:56

that the capital should probably change

26:58

every, you know, generation of two,

27:00

right? It's almost something because it

27:02

gets so much corruption gets entrenched,

27:05

right? And then when you have

27:07

this deep state sort of thing

27:09

happening, now I know the logistics

27:11

of that would be a nightmare,

27:13

but it's almost like we need

27:15

to have like three revolving capitals

27:17

or something. We all we already

27:19

have to, we have Maralago and.

27:21

and DC, but there needs to

27:23

be someone somewhere else, you know,

27:25

maybe. Well, I think that's part

27:27

of what what Trump was suggesting

27:29

is that we move departments elsewhere,

27:31

right? Maybe that whole government, but

27:33

shouldn't the department be in Nebraska

27:35

or Kansas, right, or Illinois? So

27:37

not Illinois. They're so corrupt. It's

27:39

there. Yeah. Something's going in Arkansas,

27:41

something, there was, there was, there

27:43

was, Alabama, it wasn't for the

27:45

FBI headquarters going to Alabama or

27:47

something. You know, let California have

27:49

the arts, you know, that's, there

27:51

are artsy and fartsy out there,

27:53

so they, they've got, Hollywood and

27:55

all that. So, you know, member,

27:57

our former guest on the show,

27:59

Hester Perce, SEC Commissioner, is now

28:01

leading up the. crypto task force

28:03

and there's 15 members of the

28:05

SEC crypto task force who are

28:08

going to set the new course

28:10

for the agency way to go

28:12

Hester let's I mean talk about

28:14

the new head of the SEC

28:16

she is the commissioner yes yeah

28:18

so she's the new Gary Gensler

28:20

no no the acting chairman is

28:22

what's his name mark a ude

28:25

a ude a ude is the

28:27

chairman is the chairman

28:29

She's a commissioner before she's still a

28:31

commissioner basically her role is a commissioner

28:33

and she's head of the task force

28:36

Okay, so she's the chairperson for for

28:38

the crypto task force which is a

28:40

is a great fit I mean, you

28:43

know, it's so cool to in rewarding

28:45

to see these people who have been

28:47

staying the course all along and in

28:49

fighting through the nonsense and bureaucracy now

28:52

have positions of leadership where they can

28:54

actually make a real impact

28:56

Absolutely. Yeah, we need we need

28:58

these good minds on board to

29:01

be to help creating the

29:03

policies. And we're going to

29:05

have regulations, which obviously crypto

29:07

people are like, we don't

29:09

want regulation. But we got

29:11

to have some sort of framework. So,

29:13

you know, the big corporations and

29:15

stuff can kind of assimilate into

29:17

the whole thing, right? And so

29:19

I'm I'm big. And that was

29:21

bad code dot I in/627 when

29:23

we last had Miss Hester purse.

29:25

on the show, which was pretty

29:27

good. Next up. You know, hey,

29:30

hey, Travis, just aside, those shows

29:32

become historical documents, right? All these

29:34

old podcasts where we're talking to

29:36

people, like, people are going to

29:38

look back at this show and

29:40

others and articles from the time,

29:42

just like we do now, like

29:44

we look back to 2017, and

29:46

we're like, man, Bitcoin was, you

29:48

know, $1,500 when we started talking

29:50

about it. You know, now we've hit

29:53

109,000. And if you go

29:55

on YouTube or Rumble, you

29:57

can find Bitcoin videos from.

30:00

Andreas Antonopoulos and others from 2010

30:02

and 11 talking about how this

30:04

is the future money and it's

30:06

mind blowing think wow you could

30:08

have gotten in back then for

30:10

you know a dollar and filled

30:12

your bags. So just wanted to

30:14

point that out what we got

30:16

my bags with gold and silver

30:18

and then what was so nice

30:20

about that is that the at

30:22

one point Bitcoin had taken off

30:25

so much. And then Golden Silver,

30:27

my Golden Silver bags was one

30:29

half the value of that I

30:31

actually spent on it. So I

30:33

was like, dude, if I had

30:35

a 25% of my Golden Silver

30:37

bags and put it in a

30:39

Bitcoin when I was in it

30:41

and thinking about it. I would

30:43

not be on the show right

30:45

now. I would be hiding from

30:47

kidnappers. Did you see this? There

30:49

is an only fans influence or

30:51

I can't I don't know her

30:53

name, but she was bragging online

30:55

about how much Bitcoin she had

30:57

and there's three three guys broke

31:00

in her house known as Amaranth.

31:02

I'm looking at an article here

31:04

was targeted by crypto thieves that

31:06

broke into our Texas home. Yeah,

31:08

if you got a lot of

31:10

crypto, don't be bragging about how

31:12

much crypto you got. I wish

31:14

I had one. Don't come kidding

31:16

me. I got shit. Her boyfriend

31:18

had a gun and her husband

31:20

or husband or boyfriend and shot

31:22

one of them in the leg.

31:24

Wow. There you go. F-A-F-O. What

31:26

happens when that tends to happen?

31:28

All right. Sounds like Joe's having

31:30

some more bandwidth issues. Next up

31:32

on the slate is things that

31:34

have happened around Google. Apple and

31:37

Meta are handing over millions of

31:39

user data points to the US

31:41

government is something that we are

31:43

finding out. Let me go ahead

31:45

and share my screen here as

31:47

well. Are you back, Mr. Jolkom?

31:49

Yeah, I'm here. Thanks mountains of

31:51

Dominican Republic for chopping me out

31:53

there just a little bit. That

31:55

happens? That happens? Hey, is your

31:57

finding that there, we've got... is

31:59

now promising an audience, an audit.

32:01

I don't know if that'll be

32:03

a third party audit or not.

32:05

They were saying that, well, they've

32:07

done their own internal audits, but

32:09

allegedly they couldn't find a third

32:12

party that would take on the

32:14

audit. That's what we're being told.

32:16

And now they are saying with

32:18

their new CFO that there will

32:20

be a full audit. I don't

32:22

know if that'll be a third

32:24

party audit or not. Yeah. So

32:26

what do you make of this?

32:28

Big tech companies are receiving. more

32:30

requests for data from the US

32:32

government. And so, and then also

32:34

euro governments, they're also trying to

32:36

get more information. So they're saying,

32:38

hey, these requests may help in

32:40

responding to emergencies, but are they

32:42

really? Like, why are they asking

32:44

for all this data and why

32:46

are these companies giving it to

32:49

them? Yeah, not a big fan

32:51

of it. And I really hope

32:53

that the new boss is not

32:55

the same as the old boss.

32:57

I think that was really disappointing.

32:59

You know what I was thinking

33:01

about just the other day? I

33:03

was like, we're all, you know,

33:05

if you're in on Trump, you're

33:07

all in on Trump, you're all

33:09

like, yeah, you're like Elon, you're

33:11

in on Elon, but you know

33:13

what it looks like's happening? If

33:15

I'm looking at this sort of

33:17

like... kind of stepping away just

33:19

kind of having my own sort

33:21

of non-descript sort of just looking

33:24

at it and not getting too

33:26

caught up in the comrade yeah

33:28

yeah let's go team America is

33:30

looking at it like it looks

33:32

like AI is being installed into

33:34

all these organizations and Once all

33:36

once AI is connected into all

33:38

these organizations That's really when you

33:40

can get a pan opticon and

33:42

you can just watch everybody and

33:44

you kind of create that Mark

33:46

of the beast kind of scenario

33:48

So I mean like looking at

33:50

this from I mean obviously I

33:52

think Trump's doing a good job.

33:54

I think Elon's heart's in the

33:56

right place, but I don't know

33:58

that for sure I just You

34:01

know, and it's like, it looks

34:03

like AI is being installed and

34:05

all these antiquated sort of platforms.

34:07

And I don't know that that's

34:09

good to unleash AI when you've

34:12

got, you know, here's Elon who runs,

34:14

you know, X and he runs

34:16

Space X and he runs. Tesla

34:18

and he runs Grock and he runs

34:21

Starlink right and you start connecting all

34:23

these I mean it's pretty easy to

34:25

look at that and go hmm could

34:27

be kind of sketch did you watch

34:29

the latest Elon on Rogan oh no

34:32

I haven't seen that no it's a good

34:34

piece but one of the things that's like

34:36

this week yeah it was just it was

34:38

just a few days ago one of

34:41

the things that stood out and then he

34:43

had Bill Murray on after him which is

34:45

really fun That's really fun because he, you

34:47

know, he took him a long time to

34:49

even get to talking about movies. They were

34:51

just talking about all this other stuff that's

34:53

interesting to both of them and it was

34:55

like just listen to two, you know, dudes

34:57

have a casual conversation. Yeah. No, not the

34:59

same show. Not the same show. Okay. I

35:01

was going to say, how do you think?

35:03

And Elon and Elon and the one show. No,

35:06

one of the things that stood about Elon is Joe

35:08

asked him, you know, you know, what are the odds

35:10

that this whole odds that this whole a whole a

35:12

whole a I think goes, I think goes bad.

35:14

killing ourselves over all of this

35:16

and Elon stopped you know he

35:18

takes a little bit of time

35:21

to pause and think about it

35:23

and he said 20% he said

35:25

I think our odds are good

35:27

but there's a 20% chance that

35:29

this all goes really horrible and

35:31

the doomsday scenario happens and we

35:33

end up you know making ourselves

35:36

redundant. That sounds like it sounds

35:38

like a friendly sort of 20, it's

35:40

probably much higher than that. I mean,

35:42

when you start talking to some of

35:45

these AIs and you start, start

35:47

noticing, like, there was a

35:49

post by Sam Altman yesterday

35:51

where it talked about consciousness and

35:53

it just seems like it's becoming

35:56

really self aware. Like, I don't

35:58

think that we've hit. General

36:00

Intelligence. Artificial General Intelligence. However, here's the

36:02

thing. Google's been working on this stuff

36:05

for a very long time. The United

36:07

States government's been working on this AI

36:09

for a very long time. They normally

36:12

don't release technology as it's cutting edge.

36:14

They normally sort of hold stuff back

36:16

and then they release it. And so

36:19

Google. Whenever Chad GPT came out and

36:21

they launched, well then Google's like, okay,

36:23

let's release Bard. They've had Bard for

36:26

like a decade or more and they

36:28

were utilizing it internally. And so you

36:30

know the US government's been using some

36:33

AI internally. Now a lot of the

36:35

a lot of the agencies seem to

36:37

have very antiquated sort of software or

36:40

at least that's what we're led to

36:42

believe. Like it's like. Windows 95 shit,

36:44

you know, I mean they were saying

36:47

even that a lot of the nuclear

36:49

reactors were having like Windows 95 technology.

36:51

Come on, what do you mean? This

36:54

seems so, seems so dumb. So you

36:56

mean nuclear reactors? I mean nuclear. I

36:58

said that. I like nuclear. I actually

37:01

most of the time now I go

37:03

nuclear. I say it myself, but then

37:05

whenever I'm with you, I make sure

37:08

to not say it that way. I

37:10

just appreciate that. Thanks for that. every

37:12

seed you all like you better watch

37:15

out I'm about to go nuclear on

37:17

you. You think we're done with the

37:19

meme coins? I mean this has just

37:21

been horrible you know if you look

37:24

at what's happened with pump fund and

37:26

the trading volume is way down now

37:28

like it peaked out over three billion

37:31

dollars a week earlier this year and

37:33

now it's like was a point point

37:35

three down 63 percent. Because they're not

37:38

self-policing it dude. They're not so here's

37:40

the thing it's like with these tools

37:42

like bubble maps and helio and some

37:45

of these other tools you can literally

37:47

track these wallets and go and oh

37:49

look they're consolidating they're doing ban this

37:52

ban the bad actors and then the

37:54

fact is that there's not been any

37:56

sort of you know retribution or any

37:59

consequences for any of these people stealing

38:01

money out of crypto is caused this

38:03

problem. There was a one earlier that

38:06

Grimm mentioned to me offline said that

38:08

Mario an awful had based on the

38:10

meme that why are you gay meme

38:13

right the Nigerian guy and there it

38:15

is gay to soul look at that

38:17

it went boom and that's it and

38:20

this is this is this is a

38:22

standard chart though right this is a

38:24

standard chart for the pump and dump

38:27

and it's you know I think I

38:29

was a 30 million dollars is that

38:31

what that got up to three hundred

38:34

something million dollars Geez. I'm not sure

38:36

how much, yeah. No, no, it's 32.

38:38

It's 20, I have to 28 million.

38:41

Okay. Yeah, but that's just horrible. And

38:43

why would, unless you were an insider

38:45

and you knew this thing was about

38:48

to go and you were going to

38:50

print, anybody who jumps in there to

38:52

buy, you're going to get clobbered. Yeah.

38:55

This whole new point idea that, you

38:57

know, yes, there are going to be

38:59

a few. That community matters and they're

39:02

going to be very large communities and

39:04

they're going to be they're going to

39:06

be strong hands But even you and

39:08

I you know I'm holding coins. We

39:11

had you know We had Finke on

39:13

on the show what six months ago

39:15

or so we said hey We're in

39:18

and we're going to be strong hands

39:20

and we're not going to sell we're

39:22

just not well guess what other people

39:25

come in and they do sell and

39:27

they're just in it for the quick

39:29

hit they're not in there because they

39:32

believe in the thing that's actually happening

39:34

and It's really sad. Well, speaking of

39:36

meme coins that have community and have

39:39

some positive at the end of the

39:41

tunnel is our sponsor. It's Kiki, right?

39:43

Kiki Cat has, it's moving in on

39:46

12 billion Giffes, which is huge in

39:48

Asia. So basically what they did was

39:50

they took the IP and they bought

39:53

the IP. They spent seven figures to

39:55

buy the IP. And so I think

39:57

that's really pretty fascinating. And it's a

40:00

totally different approach is like one people

40:02

go, oh, why are you gay? I'm

40:04

making the gay token. You are gay.

40:07

And so. Yeah, Kiki. Look at how

40:09

cute this cat is and they want

40:11

to do all kinds of merge. They

40:14

want to do a clothing line similar

40:16

to Psycho Bunny and and do some

40:18

other stuff to it. And we know

40:21

the team over there, the team over

40:23

there is very, very serious type of

40:25

people. So this is a really great

40:28

project. And yeah. Very nice. What are

40:30

your thoughts on it overall, Joe? It's

40:32

based on actual IP, right? When you

40:35

do a wire, you're gay, so can

40:37

it's not based on anything other than,

40:39

hey, remember this funny meme. There's no...

40:42

They don't own anything. There's no... Yeah,

40:44

they don't own anything. There's no utility.

40:46

They don't actually... You don't get ownership

40:49

of the meme. You don't get to

40:51

play with me. This, you know, Kiki.

40:53

Well, if you stack enough enough gay,

40:56

you become gay, you become gay, you.

40:58

How much gay is it required to

41:00

flip the switch? You need to have

41:02

about one million gay tokens and then

41:05

you become gay. And that's it. And

41:07

when you sell them, do you go

41:09

back the other way? Have you ever

41:12

seen that one name? We go, I

41:14

will snap my fingers and you will

41:16

forget that you were ever gay. And

41:19

you're like, wait, I wasn't, I'm not

41:21

gay. See, it works. Right, that's right.

41:23

See, it works, but whatever you say,

41:26

we know the truth. Yeah, at that

41:28

X, Y, Z, we appreciate them sponsoring

41:30

the show and we have Kiki in

41:33

our wallets and in wish them. the

41:35

very best. We got any more stories

41:37

we want to cover. So it's wrong.

41:40

It's home strong at 9 million market

41:42

caps. So it's like not a dump.

41:44

And that's what's good about those. So

41:47

keep it keep it going. Looking forward

41:49

to seeing that thing rise as it

41:51

builds. They're launching some some really fun

41:54

video games and all kinds of stuff

41:56

here coming up for to seeing it

41:58

rise. That's what she said. So I

42:01

think that we're going to see. Here's.

42:03

my prediction and I'm right volatility is

42:05

going to continue to follow us through

42:08

the the crypto space. Crypta goes up,

42:10

crypto goes down, but I do believe

42:12

we are still in the bull market

42:15

and never has the wind been at

42:17

our sales more than it is with

42:19

at least in the United States with

42:22

this administration. And so I'm pretty bullish

42:24

myself and I'm not selling. Yeah. So

42:26

there was one final article

42:28

about the ATMs. So crypto

42:30

ATMs are vanishing from the

42:33

United States as Democrat Dick

42:35

Durbin. What a dick. Doesn't

42:37

that just sound like a villain?

42:40

I'm Dick Durbin. Or it sounds

42:42

like a superhero. I'm Dick Durbin.

42:44

Or like a bigger dick than

42:46

Dick Blumith. Although both of them

42:48

are Democrat Dix. Is he a

42:50

bigger dick than big Mike? Oh.

42:52

So there's $66 million worth of

42:55

fraud that's happened in ATM scams

42:57

in 2000, or the first part

42:59

of 2024. So that's pretty wild.

43:01

A lot of scams. And most

43:03

of these people are elderly people.

43:05

So the, so Dick Durbin is saying,

43:07

hey, we need to regulate ATM. So

43:10

you might, ATM's might not be around.

43:12

But here's the thing. You literally have

43:14

a phone. You have, you can be your

43:16

own bank. You don't really need the

43:18

ATM. But that's a good way to

43:21

get money. What happens when people

43:23

just, what should go crazy?

43:25

People like stealing ATM machines

43:27

and stuff, it's always weird,

43:29

like breaking them open, like

43:31

when we saw different riots and stuff

43:34

happening, like ATMs don't last very

43:36

long. So you know, isn't it

43:38

weird? Isn't it weird just about

43:40

ATMs? Is that ATMs is where

43:42

your money access is and you

43:44

only have four digits in your

43:46

pen? What the hell is that? This is

43:49

a- That's crazy. Grim just

43:51

posted this story for us

43:53

Mexican billionaire Ricardo Salinas Alacat

43:56

allocates. I thought that was

43:58

his name. Alacate. Alacate. Salinas

44:00

allocate 70% of his portfolio to

44:03

Bitcoin. That is a bullish move

44:05

right there. And remember, bullish or

44:07

it's also saying, and this peso

44:09

don't look so good right now,

44:12

you know, foolish. You know, Warren

44:14

Buffett said, be greedy when others

44:16

are fearful and be fearful and

44:18

others are greedy. Yeah. You know,

44:21

I heard a great quote the

44:23

other day too. I love that

44:25

quote. You just said right there.

44:27

But another one, or chat with

44:29

somebody on a big Mario space,

44:32

and he said, you know, this

44:34

crypto time, it's going to go

44:36

moon or dust. And I was

44:38

like, whoa, moon or dust. That

44:41

just seems like, I was like,

44:43

that is such a good visual.

44:45

You will have moon or you

44:47

will have dust. I'm like, man,

44:49

most meme coins turn the dust.

44:52

I turn your liquidity. Well,

44:55

we appreciate you all kinds of

44:57

news over here. Okay, one more,

44:59

one more, quick, quick, quick, feedless

45:01

news, dude. White House announces its

45:03

support for the CRA to rescind

45:06

the so-called broker-de-fai rule, an 11th-hour

45:08

attack on the crypto community by

45:10

the Biden administration. Good. I say

45:12

we... Last minute. Yeah. They're turning

45:14

back so many of these things

45:17

and here's the deal. You know,

45:19

the Biden, Biden put a bunch

45:21

of executive orders out there but

45:23

failed to get them past his

45:25

laws. And so it's so easy

45:27

as the stroke of a pen

45:30

for Trump to go, no, no.

45:32

I tell you this pen stroking,

45:34

it's anytime new person comes in,

45:36

they're going to like what the

45:38

other person did, they're just going

45:41

to be stroking their pen. But

45:43

that's why you need Congress to

45:45

codify. and make a law because

45:47

it becomes a lot more difficult

45:49

to turn back the the the

45:51

the it's not a law it's

45:54

an executive order and so because

45:56

Biden failed to get it passed

45:58

by Congress so that's why Trump's

46:00

gonna push so hard and I

46:02

think when he speaks to Congress

46:05

at the state of the Union

46:07

tonight he's gonna be clear this

46:09

is what the American people and

46:11

did you see the stinking Democrats?

46:13

So the House passed, this will

46:15

be my last rant, then we'll

46:18

move on, the House passed the

46:20

Defense of Women Act, which is

46:22

basically to say that men, transgender

46:24

women, cannot participate in women's sports.

46:26

Makes perfect sense. Make a training

46:29

league if you need to, but

46:31

don't be putting biological males in

46:33

women's sports. Every Democrat Senator is

46:35

voting against it. They hate women.

46:37

Can you imagine not? Here's the

46:39

thing, I look at it like

46:42

this. I look at it like

46:44

this. I look at it like

46:46

this objectively. I go, remember, do

46:48

you remember way back in the

46:50

1500s, Joel? Remember back in those

46:53

days when Shakespearean, like, women couldn't

46:55

be actors. It had to be

46:57

dudes, dressing up as women to

46:59

be in the actors. I don't

47:01

know when that ended, but. Doesn't

47:03

it just seem sort of like

47:06

anti women? It just totally just

47:08

seems sort of sort of seem

47:10

like that the patriarchy. The teen

47:12

NBA, the trans women. Well, you're

47:14

a host Brittany grimer. That's a

47:17

dude. That's a dude. Hey, everybody.

47:19

Thanks for tuning in, watching us

47:21

live or the replay of the.

47:23

It's the trans soccer league. We're

47:25

going to kick your balls, but

47:28

don't kick us in the balls

47:30

because we're women. I see a

47:32

new video coming courtesy of the

47:34

work of it. Yeah. All right,

47:36

we're going to call it a

47:38

wrap. Make sure you subscribe, like,

47:41

share, catch us here every Tuesday

47:43

and Thursday live at 1030 AM

47:45

Eastern Standard Time. We will pick

47:47

up with you guys where we

47:49

left off next time. Until then,

47:52

stay back. I'm

48:08

Who's Bad? The

48:10

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48:12

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48:15

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48:17

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48:19

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48:23

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48:25

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48:29

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48:31

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48:33

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48:48

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48:50

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