BULLCYCLE SOON. LET'S TALK ABOOT IT.

Yo, yo, yo, what is going on? How are you guys doing today? I got probably about 30, maybe 45 minutes before I have to jet. Gonna go get sushi and watch Practical Magic 2. Not my, uh, not my choice of movie. I'd rather go see The Uprising, but, you know, gotta please the ladies, you know what I'm saying? So I thought we guys could just talk today about whatever you wanna talk about. Bull market, um, things you guys are looking forward to, things you guys are kind of, uh, happy about, uh, market stuff, whatever you wanna talk about. Let's do it. Um, anyone else wanna say hi? Wanna talk? So I'm not really, uh, used to doing spaces or hosting spaces too much, so maybe we can just wait for a few more people to get here and listen to a little bit more music or whatever you guys wanna do. Let's crack one open, get the party started. I know a few more people are joining. So a few ways to do this. If you wanna talk, I can-- You can just raise your hand, and I can give you the mic, or I can just make it a free-for-all. Okay, here we go. Approved. What's up, Alex? Hey, I have a question for you.

Sure.

You were saying something about that fed, the Fed turns risk on. What's that all about, man?

Um, I can definitely talk about that, but do you mind turning off the background music?

Oh, is it kind of, uh... Is it too loud?

Yeah, it's just hard to speak over.

Oh yeah, for sure. Okay, one sec. That's the good thing about, uh, analog music.

Right.

So I can just, uh, turn it on and off with a switch. All right. So, uh, b- is that better?

Yeah, that is much better.

Cool.

So your question was, you know, what do I mean about, um, the global liquidity market turning risk on?

Yes.

Okay. So-

My interest

... here is essentially my thoughts on the matter, and I have to say I'm not an expert in economic policy. I just, I essentially found an analyst that successfully predicted, uh, bull markets in the past. He essentially found an indicator.

Nice.

And he basically said that you essentially have two levers that the Federal Reserve tries to pull whenever it tries to influence economic policy, and the biggest lever that they have is this, um, federal funding rate. So this is the amount of, uh, interest rate that, that treasury yields pay. So this is essentially like the amount of money that is, um, necessary to borrow, to, to borrow money.

Right.

And, uh, a lot of people, they just assume, you know, I want the federal fund r- federal fund rate to go down, because if it goes down, then it's cheaper to borrow money, and if it's cheaper to borrow money, then it's easier to put that money into risk on assets.

Right.

Um, but that's not really the only thing. The thing is, is like there's also inflation, and-

Mm-hmm. Which has begun

... when people look, when people look at inflation, uh, and this federal fund rate, they, they essentially try to figure out a way to get money for free and put it somewhere or park it somewhere where they can make more money.

Oh, that's what they were doing with Japan.

Right. So that was the Japan carry.

Right.

Um-

And then they just

... carry trade

So it's not free money anymore, right?

Exactly. So when the Japan carry trade wound down, um, a lot of risk on assets collapsed because there was no longer that liquidity in the global liquidity market, uh, to be able to invest in these, um, risk on assets and, you know, Bitcoin suffered from that. So I'll... When, when people look at Bitcoin or whatever, you know, they make this mistake and they try to kind of conceptualize it, um, based on some sort of like unproven thesis. For example, they say, "Okay, Bitcoin is a store of value," or like, "Bitcoin is like a settlement layer between central banks." But this particular analyst, his name is, um, he goes by Capital Flows, he essentially says, "You have to look at the actual effect. You have to say the purpose of a system is what it does." And what essentially happens is that Bitcoin ends up being a sponge for global liquidity.

Oh, interesting.

So it's... Over, over the last, whatever, 10 or 15 years, the only times that Bitcoin has gone up is when, um, real rates have trended towards zero or actually had become negative.

Well, that, the hal-

So it, it-

Right

... um, so you know, that goes into something like completely, completely different. So when people look at the halving, um, they, they sort of like attribute this magical four-year cycle-

Right

... to crypto. But you know, there's, there's one major flaw with that problem or there's one major flaw with that, um, type of analysis, and that is the four-year cycle, um, has historically been associated with a model called stock-to-flow, and stock-to-flow essentially failed. Essentially, there was a, there was an analyst in the past and he said, "Okay, so Bitcoin is subject to the stock-to-flow model." Basically, uh, there's, uh, amount of tokens that are issued, or rather the amount of coins-

Oh

... and when these coins are, are like halved-

Right

... then there's not enough Bitcoin for demand and, you know, it, it follows this particular trend.

Right.

But unfortunately that's, you know, not exactly true anymore because there's so many more tokens on the market, so you know, anyone-

And with that-

... whatever

... you're saying that it's not true anymore because the halving is a lot less impactful than it used to be, essentially, in layman's terms.

So the halving is less impactful than it used to be. That is true, but also there's a lot more crypto assets available to invest in as well.

Right. But wouldn't it, uh, still be king BTC, the, you know, BTC controls the, the, you know, the market?

Sure. You know, BTC does-

And-

... control the market, but-

And that, and the cycle has been-

S-

It's, it's, it's speculative that it, that it's not gonna be as impactful as it was before because each of the last four years, I mean, it's fallen a pretty, uh, suc- uh, pretty, uh, determined, um... What's the word I'm looking for? Consistent.

Substantial.

Yeah. And consistent four-year cycle. I mean, it hasn't failed yet, right?

Well, I mean, it, it kind of did fail because everyone was predicting that Bitcoin would be, um, at like 180,000 in 2021, and it-

But-

... essentially only 3x'd.

Right. But then it... Okay, you're saying that it, it sl- the, the, the, the bull cycle or the... Yeah. It, it, it slowed down a little bit, right?

Yeah, essentially there's a flattening out.

Right.

But my, my point is, is, is like when people attribute the halvening or whatever to the four-year cycle, you know, there's no evidence to suggest that, that it's true because-

Are you saying the sample-

There's just-

... the sample size is small?

Yes, the sample size is indeed small.

Okay. But previously the four years there has been some kind of... Maybe it could be even psychological, right?

Well, here's the thing. Over the last two cycles, the global, uh, or rather the global liquidity cycle has actually been correlated to a four-year cycle.

Oh, I wonder if that would-

But that's another... Yeah, so there's no reason to suggest that it could be correlated in the future, but it m- it might be.

Right.

But-

I think that-

... for this particular analyst

... if anything else, it seems like f- it seems like a lot of the financials, uh, s- a lot of the economies and fi- and, and, uh, financials happen in cycles and they, it kind of happens in four-year cycles. So I think Satoshi Nakamoto kind of did that intentionally with Bitcoin and timed it along these like cycles and Arcadian rhythms, but that, that gets pretty-

I mean, the, that's certainly possible, but that kind of goes into like these conspiracy theories about whether or not, you know, Satoshi was close to the Federal Reserve or something like that, or rather the people that are involved in it.

Ooh, yeah, that's, that will be a, uh, the next spaces for sure because- ... I am like, I'm gonna w- I'm gonna research that. I'm gonna look into that because I'm a conspiracy fucking nerd.

Yeah. Well, basically, um-

That's how I get my dick

... just... Right. Just to summarize my, you know, the previous topic, essentially, um, what I'm waiting for is for real rates to go down, and that is essentially something extremely simple, which is the federal fund rate minus the, um, inflation over a two-year period. So I'm waiting for that to start trending towards zero. I expected it to trend towards zero, and I expected it to be zero already, but unfortunately it didn't happen.

Yeah.

So, uh, you know, a lot of people are like, you know, I'm not, I'm not trying to name names, but whatever. People are like begging me to invest into a poo and, you know, I really wanted to, but if I had done so at the time that they wanted me to do that, I would've 10X lost my money.

Right.

My 300,000 or whatever would've turned into 30,000.

Well, you know, that's cool that you can get on these spaces and talk about it because I, you know, and what you're saying makes sense. I've been following the, I've been following that, um, as well, and you seem to be able to articulate it a little bit better than I c- I can. But I, um-

Awesome

... you know, I also s- see what's going on with the US bonds, the bond market, you know, and-

Yeah

... all the, every country's been selling US bonds. They've been like, it's like been like a fire sale and they've been buying gold instead. So I wonder if Bitcoin, if that has anything impact on the Bitcoin price or the future of Bitcoin price here s- shortly.

Well, you know, from just a personal perspective, I'm always gonna bet against the U- US economy. I'm just completely fed up with all the, you know, the entire financial system. I don't really particularly care, and that's why I have my, um, portfolio diversified into assets that are not dependent upon the US economy. So I essentially have 30% in real estate, I have 30% in precious metals, and I used to have 30% in crypto, uh, but didn't work out.

Yeah. Well-

So

... I think, y- you mean if you look at like what happened with stocks, right? And, uh, I think we're in a crazy AI bubble right now. I mean, everyone, there's even meme coins that are named AI bubble.

Uh, sure.

Bitcoins, you know, like, um, so we're in a big AI bubble right now, and that's extremely risky at this point to, to-

Yeah

... to be in it.

But-

And I think that's-

... it's risky for-

Yeah.

Sorry, go ahead.

I just, I was just gonna say... Oh, you can hold that thought. I was just gonna say I think that crypto has a long ways to catch up because it's still stuck. It's, it's not even at its previous bull cycle prices when we were pre-inflation and now everything-

Sure. And I-

... inflated and yet, except for crypto. So if-

I agree

... crypto's gonna catch up, that's gonna be a huge fucking run. Like I, when they say 400,000, 400K Bitcoin, oh, easily. That's just to account for inflation.

I agree. There's trillions of dollars in, uh, derivatives market and bond market and all of the other asset classes that can all funnel into crypto. But there is another thi- you know, a tangential topic that I want to talk about, and that is, um, when I make an investment, I try to make sure that I have custody of my assets because I have a feeling that a lot of these old fucking boomers are all gonna lose their ass. And-

I do

... the reason they're gonna do that-

Market

... um, is they're essentially going to write laws, uh, which have, they've already started essentially claiming that the custodians that are holding your, for example, um, ETFs and your stocks and whatever, you're essentially just an unregistered creditor to the bank that you're invested in or the brokerage firm that you're invested in. So essentially they can be bailed out with your own portfolio.

Yeah, kind of like when you own-

That's really-

... private equity, right?

Yeah. And that's essentially the risk that you take when you invest in these stocks. So I'm okay with like losing money and not having any exposure to, uh, ETFs and stocks and all this custodial fund stuff because I don't want to wake up my day and have like some letter from my, from my bank that says, "Hey man, you know, like, uh, your money is ours now."

Private equity.

And I think a lot of people are gonna lose their ass-

Oh, 100%

... um, in the next five or 10 years.

I mean, they've already had private equity which has been crashing out and then, uh, people haven't been able to, um, sell or take-

For sure

... their money back from private equity. And-

For sure. And-

... and private, and these, these companies aren't even using Uh, their own money for these data centers. They're using private e- equity to do it, and these private equity have insurance, health insurance companies that are actually taking on the debt to build the data center. So that way when the, uh, when the health, when the health insurance companies go under, there's a law that the boomers made to protect themselves, well, to protect, protect people under the guise of health, right? And so these health insurances can't go under because it has to have to pay out to, uh, the health insurance claims. So essentially the taxpayers are the ones that bail out when the data centers go under, if that happens, if that scenario plays out.

Yeah.

That's what I heard.

That's wild.

That's what-

The, you know-

... talking heads said

... like, there, there's just going to be s- like, an unprecedented amount of fraud in the, in this entire economic system, and a lot of people are simply not ready for it. The only people that are gonna, you know, come out unscathed are the ones that didn't get too greedy and didn't start chasing all these whatever fads that, um, custodial markets offer them.

I, I think it's kind of ironic that, uh, the stock market has turned into the crypto market.

Yeah.

I mean-

I mean, I would fucking invest in Pokemon cards over, over a market-

It-

... or, like, whatever stock market.

Exactly. It's gonna... It's, it... I'm looking at the volatility. Um, well, it's, it's up only so far, but I mean, it feels a lot like previous crypto cycles. So I find that interesting.

Yeah. Well, you also have to understand that, you know, this is just a game of musical chairs, and eventually it'll all come crashing down.

Yeah, and I think that's done intentionally.

Yeah. I mean, you, you essentially are investing according to the greater fool theory thinking that, you know, there's gonna be some idiot-

I think-

... down in the future.

The crazy part is, is that this happened right before the Great Depression.

Oh, yeah. There's definitely historical parallels.

Uh, before the Great Impression, uh, the Great Depression, like, anyone and everyone was making money in the stock market. You just, you could buy whatever you wanted, and it would, it would go up, and people were just l- living that, you know, high, high on life. Like, people were advertising, um, you know, up only forever and all these other things, so... And then the, the stock market crashed and people lost everything. So I don't know if it will be-

Yeah

... as bad, but a lot of people are gonna be losing their asses, and a lot of people are gonna be losing, like, their pensions and shit like that, which is gonna be pretty sad.

For sure. You know, this system incentivizes, you know, it... R- well, rather, um, people don't wanna work. You know, that's just the simple, the simple fact. Because you can make more money in speculative markets, and you're not contributing to society in any meaningful way, and as a result, you know, eventually society collapses, right?

Yeah.

If no one's working and everyone is investing, you know, who's making, who's actually, you know, contributing the, uh, the actual labor to the society to keep it functional? You know, obviously it's not, and we, we can abs- absolutely see the slow collapse of the entire Western global society pretty much all at once over the last whatever, however long you wanna talk about.

And that's why I, I, I feel like that's why they've been importing, um, third worlders to the, all across the, the, the Western, um, countries.

I mean, that's one of the reasons. But, you know-

Well-

... whenever you're talking about this particular conspiracy or whatever, you're al- there's always gonna be some reason-

Replacement theory. I mean, you know, it's-

Yeah

... a conspiracy 'cause we're s- we're, we don't have any hard evidence as to the motives of what they're doing. But, I mean, we could see the timeline of how it's, of, you know... We could, we can, we can guess what the motives are by-

Sure

... by the, the pol- the, you know, every, all the X factors going on at the same time, right? So-

Yeah. Well, I mean, once again, you look at the system-

Like-

... you see... Sorry, go ahead.

Oh, no, go ahead. Yeah. I was just saying correlation. All right, cool.

So I, I was just saying I don't say conspiracy in a, as a negative term. I'm just saying, uh, there's a very, like, there's a very interesting phenomenon that occurs, uh, whenever you dive into these conspiracy theories, and that is there's always going to be some reason for someone. There's enough evidence. It's as, it's as if reality itself generates the evidence for whatever particular person is looking at that particular conspiracy. So someone might say, "Okay, it's the Kalirji plan. It's the Jews, you know, they're importing this." The other g- one might say, "Oh, well, you know, they're trying to do, like, this great replacement, um, because, you know, there is, you know, better tax bracket for, for these H-1B Indians or something like that." Um, another conspiracy theory might say, "Oh, well, you know, this is just, like, economic policy. It's, it's all related to money." But, you know, you know, everyone has their own idea, right, uh, about anything that happens or any, any particular conspiracy.

I think it's reptilians.

Yeah. You know, that it could be reptilians too.

Fucking lizard people.

Yeah.

That's who it is. No, I, I was, I had this, I had this, like... I was just... Sometimes when I drive, I drive my daughter, like, 35 minutes to fucking school in the morning. Then I have to pick her up, and I have to drive another fucking 35 minutes, 'cause I wanted to move as far away from her mom as I could. So I bought my house in another s- basically 35 minutes away. Uh, anyways, I had, I, like, just, like, the, I just... I'm driving, and I think about shit, you know? And, like, that's when I have my best... I turn off the, the music, and I just kind of daydream, you know, and I just think about everything going on in my life or what's going on around the world, um, what's going on with crypto and the Apu community or whatever, you know. And I-

Yeah

... today I was driving back after dropping her off, and, um- I, uh, was thinking how, uh, fucking gay history is. Like-

Not only is it gay, it's also fake.

Exactly. That's what I mean. Yeah. It's like, fuck, so fucking fake, right? Like, um, the his- the, the Smithsonian, like, hides fucking all the evidence. A- any, any evidence that goes against the mainstream narratives, the Smithsonian, like, hides it and, and, and never talks about it. And you try to call them up and ask for it, and they're like, "Yeah, we don't have that." You know? So I feel like, uh, the-

Yeah

... Smithsonian is part of, is in on it. And it's not just the Smithsonian, it's all this, uh, the entire institution that makes our, uh, society work and run smoothly, right? And so I think that, like, what happens is, uh, society or h- or human race is this, uh, test or not te- I don't know, maybe pet pro- project or test or something like that, where they, we, we get up to a certain point, a certain ceiling of, like, technological advancement, medical advancement, you know, just enlightenment, knowledge, right? And then we, we get to a point where we become a threat to whoever runs this simulation or this game or this project, right? And, uh, they don't want us to achieve, they, they don't want us to become, um, uh, what do, what do you call it? A s- civ- a race, a level three civilization. Whereas, like, you c- you reach, like, inner planetary, um...

Well-

Like, how we-

You have to understand, I, I don't believe in space. I'm actually a flat Earther.

Oh, weird. That's inter- That's, uh, hold that thought. I, I might come back to that. But what I was thinking is like this. Anyways, here's what happens, right? So, like, every 200 years, uh, we, we basically get wiped out, and, And that's why we... And, and, and, and then there was the, these systems in place, and I think it's a, there's a system behind it all, right? And th- they're the ones that control the narratives. They control the history. What... 'Cause what we get taught in school is just all fucking scripted, right? So they control the history. They control the s- the narratives. They control the, the, the, the academic, what, what we, what we are taught in school, like, what we're told to believe, how we're told to behave, our financial systems, our, our, um, our hierarchy of power. That's all controlled-

Sure

... and created. And it's similar with every cycle of humans, right? We, we reach this technological advancement. That's what we don't... That's why, and they, uh, tell us these stories. Oh, these pyramids are just tombs for emperors, you know? Like, bullshit, you know? But they, they know what the, what it is, but they couldn't, you know, they don't wanna tell us because that would blow the lid off everything, you know? And I think if, if a civilization does find out early, then they get, uh, wiped out early.

Well, you know, I have some thoughts on the matter. You know, ultimately, you're never gonna get to the bottom of anything, like, any of this. I've, I've done my due diligence.

I-

I've looked into everything that you could possibly imagine, and ul- you know, ultimately, I realized we're suffering an epistemological crisis where we don't know anything, and everything is fake and gay. And you really-

I think-

... have to ultimately understand that we're in a spiritual battle.

100%. 100% agree with that. It is a spiritual battle.

Hey, who is they?

They are the reptilians, the lizard people. That's hypothetical.

The Jews?

It's, uh-

If you, if you wanna figure out who they are, open your Bible, look at Revelation 3:9.

I'm gonna have to look that up. Revelation 3:9.

Does it say the Jews?

Let me find out.

Is that Patrick? It is.

Hello.

Hey.

Hey, raise your hand if you have a Zyn in or a nicotine pouch.

Oh.

Nice.

What'd you say? What'd you say? Say it again.

I have three, I have three pouches in. "Behold, I will make thee of the synagogue of Satan, which say they are Jews," "and are not, but do lie. Behold, I will make them to come and worship before thy feet and to know what I have loved thee, to know that I have loved thee. Behold, I will make them of the synagogue of Satan, which say they are Jews and they are, and, and are not, but do lie. Behold, I will make them to come and worship before thy feet and to know that I have loved thee." Revelation 3:9, King James Version.

I also love feet and hate Jews.

That's what it sounds like, huh?

Yeah.

I-

So these people, they're really good at changing definitions.

Oh, yeah. Fuck yeah, they do. I've noticed that. Like definitions are-

Yeah. So, so you have a particular word, and then they change the definition of that word, and then they say, "Okay, uh, this is what was written about this particular word, and it applies to whatever, because this is now the definition." And everyone's like, "Oh, okay. Ho-hum, I believe that," you know? But, but actually it's not true, you know? And they did the same with the word Jews.

And they did the same thing with the word faggot.

Yeah.

Because I think in many countries, faggot means, like, a cake. And in our-

I, I don't know. I didn't look into that

... and in our, um, culture, in the Western, uh, countries, faggot meant cigarette

Yeah.

And now it's, now-

Well anyway, should we talk about Appu or something, or what, what's going on?

Uh-

Yeah, that's what I'm wondering. I'm wondering what, what, what, what's going on with the frog, man?

Okay. Yeah, let's get into it. Um, so here's my thoughts on the situation, is, you know, I, I get why people are upset, why, why people have been upset with, uh... You know, imagine this. You know, I think, I feel like we have to be empathetic and, and have an open mind about all this, you know? And, and I try to understand where people are coming from first. I feel like you're not gonna gain any ground with anyone if you don't. Um, so I feel like people are upset, and I think the n- the bull, the bear cycle naturally is gonna, you know, add to that because people are gonna be spinning the whee- their wheels on every day, you know, trying to do something. Do something. Dubs, do something, right? And, you know, there's people that they feel aren't doing anything at all. So, you know, they see a group of people trying hard and working at something hard every day, whatever that may be. Making content, um, being active online, and then you have other people who just disappear. But... And I get that, and I get, get why they're upset, how that could make you feel jaded, like there's some people that are doing all the work and there's other people who aren't, you know? But at the same time, you're gonna have that in every, no matter what coin you're in, no matter what community and you're in, you're gonna have that. And you're even gonna have that in the bull cycle. Because what's to say you're... And every community has this because whether you're in SPX or you're in Ticker Bitcoin or Dog Wif Hat, you're gonna have people that randomly buy a coin, and it'll be a whale, and you may not know who they are, and they'll just buy it and they'll buy 100 other tokens. They'll buy a big share of it, and they'll do whatever the fuck they want, and they'll just be a ghost behind the scenes. You know? It's just volume. So I feel like you have people who are like that, that aren't transparent. You never see or hear from them, and they'll do whatever they want. And then you have the people who are transparent and try to do a little bit of both, right? They're active in the community. They wanna be active in the community, but they don't necessarily have the time in their life for it, for it all the time to be consistent at it. So, you know, they'll try to make themselves known. They'll try and help out here and there w- with what they can. But at the end of the day, people are gonna have their own value, what they provide. Some people can't be online every day to, to, you know, raid or do whatever, but they'll sh- they'll provide value in other ways. And I'd rather have someone that I can see and hear and that I know about that doesn't do anything than someone who I don't see or hear and doesn't do anything. Does that make sense?

It does make sense, Marty, but there is one other thing that I want to add to that, and that is there's this misconception that the whale group or whatever, the whale chat of w- of which I am the leader, is sitting on their ass and not doing anything. The true, um, how would you say, unaligned actors in this space are the people and the wallets that we don't even know who the fuck they belong to.

I agree.

So I'm-

I was looking at the Ethereum.

I... Yeah, exactly. So I am looking at the top 100 holder list, and we essentially only account for, whatever, 70% of that list. The other 30% of that list is unknown whales, unknown wallets that have been consistently selling for the last two and a half years, and continue to do so. But instead of, like, being idealistic about it and saying, "Okay, so let's just invite all of these people," or whatever, "Let's get them, let's find them," or whatever, these people are anonymous for a reason.

Yeah.

They want to be able to sell without anyone fucking up their s- you know, their shit, really. They don't want, they don't want people to get angry at them, um, because, you know, they're selling into whatever, you know, retail volume.

Mm-hmm.

Uh, they don't want to be found. There are, there are some that do. Like, I would estimate that there are whatever, like, maybe 20% of the people I haven't found, even though I've done my due diligence, and the ei- other 80% are covert for a reason.

Do you know what-

And you know that-

Do you know what data lakes are, Alexander? Do you know what data lakes are? Does anyone here know what a data lake is?

Uh, why don't you provide us with a definition?

So my career is in cybersecurity, and I've been doing it for a- You know, I'm just, like, doxing myself here. You can see my face. You know my what I, what I... I'm like, my se- my SecOps is horrible. I just, I'm kind of at an age where I don't give a shit. I have guns, so come find me. You know, that's your problem. I, I'm in, I'm in, fuck, in a, an area where it's all surrounded by gun-toting Americans. Uh, but anyways, that's neither here nor there. Anyways, I, I do cybersecurity. I've done it for, like, 15 years, and so I have a seat at a data lake. And, uh, there's a lot of three-letter agencies that also have access to the same thing, and that's what they use daily. So I was thinking to myself, you know, uh, technology with AI is getting so advanced that here pretty soon, you know, everything's going agentic, uh, uh, now, and they just rolled out with six, which is pretty amazing. I just, uh, y- it's crazy what it can do. Uh, but you pair that with a data lake... Now, data lakes, it's a pool of, uh, it's, uh, it's essentially what it is in that name. It's a lake of data. But here's what the data... And these data lakes are fucking massive, right? Like, massive. They store the entire internet into them. The, the past, present. The past and present. Uh, there's nothing that a data lake doesn't have. And we're talking about Telegram chat histories, private and public, Discord chats, private and public, Facebook chats, private and public. X- I mean, maybe n- maybe not X. I don't know. Elon, uh, is pretty good at encrypting messages. I would say that's, that's probably the most, um, the safest place to fucking talk on. But the point of it is, I'm trying to say, is about people hiding an- an, uh, anonymity, right? Um, is I don't think that's gonna be possible soon with the advancements of AI mixed with data lakes, because you can have AI go through the data and you're, you know, you can have the most skilled, uh, blue team, red team, purple team, you know, um, threat hunter data anal- uh, an- an analysis, right? Um, but pair that with, with AI who can go through millions of lines of text keywords looking for whatever you want, trying to find matches-

Matches

... then-

I, I understand your point.

Yeah.

I understand your point. So, um-

What I'm trying to say is I don't think that they're gonna be anonymous pretty soon.

That's true.

Counterpoint.

And-

Counterpoint

Go ahead

What if I'm homeless, unemployed, on EBT, and I'm Black?

Well, then you're probably...

You're better off than a white guy.

I can pretty much say whatever I want on here then, right?

Yeah, you really don't have any, any reason to give a fuck.

So maybe that's what we should all do then. We should all just quit our jobs and start taking melatonin.

Yeah, I mean, a, a lot of people do do that. There's plenty of chats that are essentially, like, you know, "Be a nigger to the system," you know? And, uh, they just behave exactly like them, and they get the results that are exactly like the results that they get.

Maybe that's what we should do with our Apu.

Just be niggers?

Yes.

I mean, we've tried everything, right? We might as well try that.

I'm down. I gotta switch to Newports.

Shit.

I don't know if I... That might get some use. Um, um, menthol's kinda harsh on my throat but fuck it.

Let's all buy guns and then we can go to the next SPX rally, and we'll just go steal a bunch of their wallets. And then we'll swap with Apu.

Take their cars too 'cause they have more money than us, so fuck 'em. That Lambo's mine. Get out.

We should steal their liquidity and pour it into the frog.

Ooh, I like that idea.

See, this is what we should be discussing in the whale chat. This is why you guys need me in the whale chat.

Well, you know-

Well, you know

Why don't you just buy-

Why don't you just buy $900 million?

Well, I'm fucking poor, okay? I'm unemployed. I'm on EBT. Um-

You gotta finesse it, nigger.

How much, how much EBT you got? I'll buy some off you. What's up?

$800 a month.

All right, so you ship me my groceries, and I send you, I send you Apu. What's up?

You're gonna send me one billion, Apu?

No, I get a discount. I want... How am I gonna send you one billion?

How am I gonna-

You buy $800-

How am I gonna be a whale then?

You guys, how much do you got right now?

None. Zero. I'm homeless, I'm unemployed, and I'm on EBT.

Yo, Pat, stop, stop lying, papi.

I'm Black, I'm lesbian- I'm transgender.

I mean, if we really did wanna be the nigger coin, Pat would be great. A great whale.

Me too, actually, for that matter.

That's what I'm, that's what I'm saying, man.

Blue, blue collar dudes, right? I'm Nigger Kev. Nice to meet you guys.

Welcome.

Me and Kev could really shake some things up around here. If you just give the reins to me and Kev and let us take over, we could probably turn this whole thing around.

Can someone be a whale? Can someone be a whale with, uh, EBT?

Yeah. Do you guys-

I can verify Kev's

... do you guys accept food stamps?

Dom Pip does. Holla.

Can I, can I buy some of your NFTs with my food stamps?

Can we make a whale EB- a, a whale EBT NFT collection? I like that idea.

See, Alex, you're just not thinking hard enough, man. You probably never even imagined EBT being on the table, did you?

Or, you know, cartons of cigarettes. I think that would be another currency.

Yeah. Popcorn should accept EBT on his merch store.

Yeah, and cigarettes.

Yeah.

I like that. So what, what would you say about... What do you, what do you think about opening up the whale chat to just everyone? What do you think is... What are the pros and cons?

Well-

And it wouldn't be a whale chat

... the-

Oh

... I guess, I guess, well, it wouldn't be a whale chat, that's the first thing. Um, it would just be another side chat, you know, and there's plenty of side chats in, in Apu. The-

I do-

The issue is-

I do-

Like I'm not trying... Sorry to interrupt you.

I disagree

... asshole or whatever-

We need more side chats. We need way more side chats or is that enough? I'm only in like seven.

So, you know, just to answer in a like- In a way that doesn't sound completely retarded. The, the thesis that I have is that the largest holders are the most invested, they've spent the most money to, you know, into this project, and they should have a voice in coin governance. And everyone has an opportunity to, to buy, especially after this two and a half year cycle or whatever.

Yeah.

Um, we're, we're in the shitter and, you know, people are still not buying the coin to become whales and, you know, it's kind of concerning.

I agree.

I was a whale, like, three days ago.

Nice. I mean, I only became whale when I, when it dropped down to like, you know, this under 10 million. So I mean, I've been buying a little bit every month. It's kind of slowed down, I'm gonna start buying here again soon before the next, before the next bull cycle. Uh, I feel like it's gonna be here pretty soon, and then we're gonna start... The, here's another thing that I'm kind of fucking worried about though, is that Solana fucking is, is in a fake it till they make it type deal, and it's starting to... They're starting to make it. They're starting to become the de facto, uh, meme coin volume, you know, for, or trading for meme coins, right? They're attracting most of the volume for meme coins, like real volume now. And, uh, they're also getting all the new meme coins, so that's kind of concerning. I, I think that liquidity will eventually throw, flow back into Ethereum, but when, right? Because I can easily buy a Solana me- any Solana coin I want right through my, you know, exchange, so it's a lot easier to-

Yeah. We do have exposure to the Solana ecosystem because we are bridged to Solana.

Right.

So there, you should be, still be able to buy Apoo on Solana through whatever decentralized exchange that you use.

Well, so you can buy Solana meme coins through a centralized exchange now.

That's true, but-

That, you know, that makes it, that opens a lot of doors, makes it a lot easier for, you know, onboarding new people, so-

Well, it's po-

... it's up to you to move his ass.

Not, not every single, you know, Solana token is tradable on a, on a centralized exchange. Like for example, um, there's whatever, hun- 10,000 coins launched per day or more on Solana. Um, if you can buy those, you can buy Apoo as well. That's, that's essentially the point that I'm making on, on that same platform

When I search Apoo in the exchange, it doesn't, it, it just brings up the Solana memes.

Yo, Alex, what's the volume on Apoo on Solana right now? Do you know?

Let me take a look. I mean, it's, it's probably quite low. Um, let's see.

This movie better be fucking good. It's Practical, Practical Magic 2, it's probably gonna be shit.

Uh, volume is 1, 1,000 per day on the Solana. But yeah, you know, the thesis is like, you know, Ethereum will, will eventually, you know, attract liquidity.

But meme-

You know, that was... I mean-

Previous cycles we didn't have a Solana ecosystem as big as this. Solana backs it-

You know, that's, that's true. But you know, people change their opinion about, you know, Solana pretty much like-

Right

... every week.

That's a good point. That's a great point actually, 'cause everything is just cyclical. One minute Solana's the hottest and everyone's like... Then the narrative gets changed to Eth memes and they're all undervalued.

You know what your guys' problem is?

S-

You're not asking yourself what having Pat on your side can do for you. What kind of leverage you have by having Pat with you on your side.

All right. Tell us, Pat, what is that?

Well, really the possibilities are endless. It's up to you and your imagination to decide, you know? Everybody, everybody wants a piece of Pat, okay? Everybody's trying to get in on-

Facts

... the Pat action, but-

I already got some of that

... but I'm very, um, about that-

What's, what's Pat action? What, what, what does Pat do?

A lot of things.

He gives good football.

A lot of things.

Football.

Okay? Indiscriminate things and mainly what I want, right? Mainly whatever I want to do. And so that's kind of my biggest power is if I want to be a part of something, automatically the value goes 10X, maybe even 100X. And you know, the public might not know about that, but it's 'cause they're all stupid. Everybody's is stupid except for me, and I have to tell everybody what's cool. I gotta tell everybody what they should like. And that's kind of what I've been doing, but not as hard as I could be, right? There are, there are other ways to go about this. Right now I'm just tweeting, right? But the whole world is my oyster. I could go out in, in real life and maybe even force people to buy the coin at gunpoint, right? Maybe, maybe I could-

How about this?

What?

Go force people to buy Apoo at gunpoint and then you can take 20% and the rest you can just, you know, buy Apoo with it and burn it.

Why would I burn it?

Well, that's the problem is that nobody is actually serious. We got Pat up here saying dumb shit.

Oh.

Serious.

Oh, is that saucy?

Whoa, whoa, whoa, whoa, whoa.

Is that Chick-fil-A sauce?

What's going on?

Let me lick you.

What do you mean, dumb shit?

Well-

Yeah, it's only gonna people and tell them to buy APU.

Uh, yeah, dumbass. You don't think that would work?

If you burned it, then when you eventually go to jail they couldn't get it back.

Yeah, exactly.

That's valid.

It's permission-less.

All right. Let's ask, let's ask a serious question. What are we doing to get people on board, Alex?

Oh, yeah. What... You do have an ini- initiative, right?

That, uh, that should stay-

Uh, we're making NFTs specifically for whales. You're not allowed to buy the NFT unless you're a whale already.

That's old. That's old. I'm talking about what's new for our pool. What's coming up? That's what I wanna know.

All right. So we're gonna start accepting ABT.

Dude, you're coming on here and you're just being like some Nigerian going, "You know, Dev, do something." Right?

Well, no. We-

Yeah, it really is

... it's a good question. I, you know, hey, listen, I, I think in these spaces there's enough room for e- all personalities. And, uh, you know, I, I like Pat coming on and fucking around. It's, adds some fun to it. And then some people wanna ask me-

No, sure. You know, whatever. I don't care who talks. Whatever. Oh, they can have their own opinions, but, you know, it doesn't mean that I can't not voice my own.

No, I-

Wow, Alex, you blocked me?

Did I?

Why would you do that? Dude, you are a homo.

Dude, it's not personal.

He blocked me too. There is-

I didn't, I didn't even look at who I was blocking.

Right.

You know, there's a lot of people, there's a lot of people that block me too, and I'm, I'm not even worried about it. It just-

This is, this is unbelievable, man. I might just take my talents elsewhere.

Oh, no.

Hey, uh, so let's talk, let's get the conversation back onto what i- initiatives that, you know, are, are going on right now to help the coin.

No.

Yeah.

I don't even wanna talk anymore. This is-

Patrick

... fucking unbelievable

... Patrick, let's relax. Let's relax

This is unbelievable.

It's unbelievable.

This is a betrayal.

Hey, counsel

Patrick, let's relax.

It was a heavy ga-

Pat, do you have any, um, do you have any anti-anxieties at your disposal?

Fuck this. I quit.

Malt liquor? Do you have some of that?

I quit, and I'm taking all my good-ass ideas with me.

Well, too late. You already used them all. We have-

I'm going, I'm going over to SPX, okay? Uh, and I'm gonna start taking hormone blockers- ... and I'm gonna wear a wig.

Is that what they do?

I don't-

Yeah

... listen, I don't know why SPX gets so much hate, man.

And I'm gonna start wearing makeup.

That, them guys over there, them guys over there is something diffy. I ain't gonna lie.

Yeah. I'm gonna look good as hell. I'm gonna glow up, and you're all gonna be jealous.

All right, Patrick. Let's relax for a second.

Especially you, Alex.

I wanna know-

Fuck you

... what, what's our pool got cooking in the fucking kitchen, Alex? What's going on?

Yeah, Alex, tell us what the latest-

I think you guys, you guys, you guys really sound broke and desperate asking this guy what the fuck's going on with the price.

Yeah, how the fuck is he supposed to know-

I'm not asking-

... dude?

But I'm not, yo, hold on

He knows no shit.

I'm not asking what's going on with the price.

Are you guys serious?

I'm asking what do we got cooking in the chef's kitchen.

Nothing. Nothing, Don. Nothing's cooking, okay?

Nothing.

'Cause Alex is fucking clueless, and he doesn't understand culture. He doesn't know what-

Can you guys hear me? So I'm just gonna, uh, interject real quick. And everyone, shut the fuck up just for a second, please, 'cause I do want Alex to s- to tell everyone what's going on with the liquidity risk project. It's, I can't remember what it's called. Capital flow or something. So can we all just shut the fuck up for two seconds? I'm gonna unmute it, and then, uh, he can say his piece, and then we can move back to bullshitting and jerking off. Okay.

Alex, I'm gonna rape you. I'm gonna come and rape you in real life.

Can I, can you rape me first?

Who is this, who is this Pat guy thinking he is?

All righty. Um, basically I have some money, uh, at my disposal, and I want to pump the chart, uh, the moment that the global liquidity cycle indicates that it's moving to risk-on assets, because I believe that Apu can attract that liquidity. To that extent, I am waiting personally to invest my money at that time. Now, a lot of people, they say that I'm preventing them from buying or that I'm, like, predicting drawdowns or something like that, but I am not doing that. This is just my own personal money that I'm willing to invest into, into Apu, and I'm literally telling people when I'm going to do it so that they can front-run me. I'm telling the entire community when it's going to happen.

Yeah, I don't, I mean, it's, that's pretty cool. I don't see many whales doing that.

Right. So basically you go to the Capital Flows chat on Telegram, and if you see... You know, I've g- I'm going to make my wallet public. I'm gonna buy it with one wallet. I'm not gonna use secret wallets. And if people are seeing that I am buying, they essentially can just fucking port, full port into Apu. And essentially this will create a cumulative effect where Apu attracts the liquidity it deserves at the precise moment that macro goes risk-on. But, you know, it requires patience.

So your genius idea is to buy the bottom and have everyone copy trade you

That's basically it.

Awesome.

Because the best marketing is the chart.

Awesome. I'm glad we could get to the bottom of that.

Oh, let's, let- I'm not a ga- I'm not the gatekeeper for FU initiatives.

What's the difference with that and 5G?

Do you understand that?

What's the difference between that and 5G? You guys cling on 5G all the time like he's some... You guys are dogs on it. Like-

'Cause 5G has aura

... at least Alex actually has-

5G has aura, okay?

At least Alex a- he doesn't have aura, bro. You're, you're gonna have to have aura.

5G has aura.

He doesn't have aura. These are from meetings.

Yeah. Uh-

That's the difference

... yeah, he has 300 and he sees something eth too he stole from the wallet. But at least Alex actually says shit and has plans. You guys still hate on it. It's amazing. What does 5G do? He just hypes you guys and blows smoke up your booty hole with Happy. "Hey, Froth, buy Happy." Like, for real, you guys are deadass right now. It's so fucking stupid. Good job, Alex. I like, I like the initiative. I like the thought process. I like-

Sauce, you haven't even been around for two years, buddy. You've been having a fucking mental episode. You've been having a psychotic break.

Yeah, that's cool, Pat. Says the drunk that's fucking drunk at 12 o'clock in the day or whatever time. It's still daylight and you're smashed already, bro. Shut the fuck up, Pat.

Sauce. Sauce. Sauce.

And you know what? And you're a fool, man.

That is hilarious, dude.

Nobody likes you.

You're literally the alcoholic here.

Sauce, let's relax.

You can talk when I'm done.

Let's relax.

I'm just saying, bro.

Let's relax, Sauce.

There was that one point in time where Pat was known as a heavy fucking degenerate and nobody wanted to associate with him until it became beneficial for the High Council, which is why they paid Pat. And Pat- ... you know what I'm saying is true.

Patrick, how much did they pay you? 'Cause I never got nothing. Hola, give me kiwis.

Dude, I fucking wish I could be paid to be a drunk, degenerate alcoholic.

It definitely wasn't 8K. It, it definitely wasn't 8K a month, that's for sure. I really finessed the hell out of those guys.

Thank you, Sauce, for that because, uh, I feel like we should get, uh, get, uh, everything out, how we feel.

You hear that, Alex? High Council's paying me. Maybe if you paid me, I'd be on your side.

Uh, I wish... You know what? I hope they pay you the entire amount of money that 5G stole. I, I hope they give it to-

I do-

... to you. I don't-

I do too

... I don't feel you've become a whale.

Do you actually think that he stole that?

Wait. Okay. I, I mean, yo, can I, can I say something? Pat's a little buzzed right now. Can I say something? Why do we keep going back? We're never gonna heal, okay? We spoke about this months ago. Why are we going back to 5G? Why?

Let me ask you guys something.

Why are we going back to Alex?

Where is the proof?

He has no life.

Where is the proof that 5G stole this money?

Alex.

So we do have, we do have, uh, the... It's all on chainsaw. On the, on the Etherscan we can see that he extracted the money, and then we don't know where it went from there. So you can deduct, uh, if we haven't seen any of it for... spent on the community, then where is it, right? I mean, if he can... And every time we ask him, they sidestep the question. So if there's-

Culture

... transparency involved, why wouldn't they just say, "Hey, here's what happened."

Culture.

Listen. Uh, we already spoke on this. We got past it. Why are we making a space going backwards?

Well, I don't... That's not my goal, but at the same time, if people are still... If people do still have feelings about this, then I don't want to, you know, mute them. How about this? Let's- Your feelings are valid. How you feel is valid. And- Let's table the 5G stealing community funds discussion for another time. Let's wait for Culture to release his data package so that we can all see all at once on his Etherscan. I mean, it... Yeah. It's, it's-

Me. Let's... Like, me, honestly, honestly, me, I don't think 5G stole no 500K, Alex.

Do, do you think he split it between-

Yeah. I don't think so either.

He did not steal 500,000.

So is that the- Once you- Is that just vibe or...? Once you look at the evidence, you can make that decision for yourself.

Look, Shroom told me 5G can bench three plates.

The... And I believe it. He could bench three and a half.

Yeah. I believe that. I don't think that he would steal that money.

Nah.

Okay, so it's just vibes, right?

What you mean vibes?

I'm a really good judge of character, buddy.

I- I-

I, listen, let's honestly-

Yeah. He is

... okay, let me put myself in 5G's shoes. If I stole 500 motherfucking thousand, you think I'd still be on X?

Yeah, you just in here chilling with us?

I mean-

Nah

... it's worked so far.

Ah.

The wallet, the wallet... Listen, at the top of the wallet, the top, how much was in that wallet?

John, let me explain something to you. No matter what we say about 5G, you're not gonna believe it until you look at the actual on-chain evidence.

I looked. Listen, I looked at the documents-

Well, let me ask you this. Let me ask you this

... when you made the document. I looked at the document.

Who was paid, who was paid for the last, like, three sponsorships? Do you guys know?

So Bane claims that it's, uh, community. Yeah.

Out of pocket. They're coming out of pocket for it.

So why would... Or do you think Bane is lying to you?

Um, I do think Bane is lying to me.

Why?

Why can't they just tell... say that then? Why don't they just say that and say, "Here's the receipts"? It would clear everything up, right? I mean, seriously.

Where else do you think they're getting the money from?

I don't know. They haven't set... They haven't had to provide any transparency.

Do you think they're actually pulling the money out of their fucking pocket to do this-

I do

... and then just stealing the... Like, that doesn't even make any sense.

I would say, I'm just saying the only way we know for sure is if there's accountability.

Okay. Well, here's my point. Let's say they did take the community funds, okay? Now they're paying for these sponsorships out of their own pocket, allegedly, from your, from your point of view. So they're using the community funds at this point, right? They put it in their pocket and they took it out to pay for the sponsorship. What's the difference?