Bitcoin's Next Move After FED Decision... — Transcript

Full transcript

1. 0:01[snorts]
2. 0:02>> Welcome back
3. 0:04to Crypto Zeus. I'm George.
4. 0:08We're all George. Welcome to another
5. 0:10market open stream.
6. 0:13So, what happened yesterday with the
7. 0:16FOMC press conference?
8. 0:20Was it good? Was it bad? Let's talk
9. 0:21about Let's talk about other things
10. 0:23that's going on in the world. And of
11. 0:26course, what does this mean for Bitcoin?
12. 0:28Bitcoin's next move.
13. 0:31Let's talk about that as well.
14. 0:33All right.
15. 0:35Let's do it, guys.
16. 0:37Let's do it.
17. 0:38Welcome. Welcome. Welcome.
18. 0:41We are starting a day still holding
19. 0:44above $80,000.
20. 0:48So, that is good.
21. 0:51Despite some of the scariest that we've
22. 0:54been
23. 0:56you know, obviously we've been seeing on
24. 0:58news
25. 1:00and around the world. Um Bitcoin is
26. 1:03still holding. Doing what it can
27. 1:06to maintain 80k.
28. 1:09And yesterday
29. 1:11I don't know if you call it good or bad.
30. 1:13Let's just say neutral, but there are a
31. 1:14lot of big things happening today. And
32. 1:17you could see the US market is very red,
33. 1:20including NASDAQ being down 400 points
34. 1:23right off the bat.
35. 1:25I'll get to that in a little bit, but
36. 1:28yesterday we had of course the FOMC
37. 1:30press conference, okay?
38. 1:33And no surprise, no rate hike.
39. 1:38Uh Walsh was very adamant about not
40. 1:40giving any
41. 1:43uh
42. 1:44you know, decision on on future hikes or
43. 1:47not, any future moves. He did not want
44. 1:50to comment on it.
45. 1:52Okay? But then he also made some
46. 1:54comments about
47. 1:57>> [sighs]
48. 1:58>> how, you know,
49. 1:59things weren't tight enough, I guess.
50. 2:02Uh
51. 2:03I don't know if he said that. I mean, it
52. 2:04was a little cryptic, too, but
53. 2:09overall, it's just let's just say
54. 2:12he didn't get a lot of information, all
55. 2:14right? He didn't want to give it on
56. 2:16purpose. And I think that was the right
57. 2:18move. I said that before the press
58. 2:20conference.
59. 2:22Um you know, the the reporters are going
60. 2:24to press
61. 2:27about, you know, upcoming rate hi- uh
62. 2:29rate hikes and how many there will be
63. 2:32and and he was pretty tight-lipped about
64. 2:35it. So, that was good. Uh but, I think
65. 2:37everyone knows, including him,
66. 2:40um knows that inflation is still high.
67. 2:44They need to do something about it. They
68. 2:46can't just let it go
69. 2:48out of control.
70. 2:50So, that is something that he and the
71. 2:52other governors are looking at. So, that
72. 2:55that's really what it comes down to,
73. 2:57right? And the next FOMC meeting,
74. 3:02right now,
75. 3:04it's looking like there's a 83% chance
76. 3:06of a hike. And he has said that before,
77. 3:10where he anticipated there would be one
78. 3:11more hike this year.
79. 3:14And that is December, unless something
80. 3:17happens drastically between now and
81. 3:19then. Obviously, we have midterms coming
82. 3:21up in a week.
83. 3:24Okay, and that can change things,
84. 3:26but right now,
85. 3:30that's what it's looking like.
86. 3:33So, yeah, not a whole lot not a whole
87. 3:36lot. Now, why why is it down today? It's
88. 3:39not really because of what he said.
89. 3:41Actually, after the FOMC meeting, like
90. 3:43things were just still doing quite okay.
91. 3:47Uh what is moving
92. 3:49Nasdaq today is this, Alphabet, Google.
93. 3:55Uh
94. 3:55their earnings was not as good as people
95. 3:59thought. I mean, they still made money
96. 4:02hand-over-fist, okay? Uh billions upon
97. 4:06billions in a quarter, like so like so
98. 4:10many billions, but
99. 4:12um their numbers came in weaker than
100. 4:15expected, and right now they're dumping
101. 4:1613%.
102. 4:1913%.
103. 4:21That for for a company this size, that
104. 4:25normally doesn't happen. They're one of
105. 4:26the biggest companies on the planet,
106. 4:28still 3.4 trillion
107. 4:31for for that
108. 4:33that kind of dumping, man.
109. 4:36Not good. Not good. Uh the biggest issue
110. 4:40Google faces, and uh they hadn't had
111. 4:44this problem before ever, because Google
112. 4:47has basically been a monopoly for
113. 4:49searches. The biggest problem they face
114. 4:52now are are the AI agents, right? The AI
115. 4:55chat services, like ChatGPT and Claude
116. 4:59and and uh I was going to say Gemini,
117. 5:01but that's theirs.
118. 5:02But then even Grok.
119. 5:04Um
120. 5:05you know, for the first time I saw a
121. 5:07graph for first time in history, their
122. 5:10search earnings was below 50%. It's
123. 5:13starting to dip like this, because a lot
124. 5:16of people just ask their AI agent
125. 5:20stuff. They don't really Google search
126. 5:23as much as before.
127. 5:25Right? So, that that's the biggest worry
128. 5:28for Google right now, and and I And they
129. 5:30never had this problem before, because
130. 5:31they they were a monopoly. No one uses
131. 5:33Bing, no one uses Yahoo. And
132. 5:37they're just so dominant, but now
133. 5:39they're starting to lose that position.
134. 5:40So, they're pivoting heavily into AI.
135. 5:43They have their own models. Gemini 4 is
136. 5:46their their newest one, but there's a
137. 5:47new 4 carbon that they just released.
138. 5:50Well, they announced it, they didn't
139. 5:51release it. And it's looking pretty
140. 5:53fantastic. So, they're trying to catch
141. 5:55up in a big way. If you think about it,
142. 5:57Google should be the dominant
143. 6:00AI player, because they have all the
144. 6:02servers, they have all our data. Right?
145. 6:05If you use Gmail, if you use Chrome, if
146. 6:08you use Google search,
147. 6:10you use Google Docs. I mean, they they
148. 6:13have all that information. They have the
149. 6:15best information to train models with.
150. 6:17So, they should be number one, but they
151. 6:19really
152. 6:21messed it up, so to speak, and let
153. 6:24Anthropic and OpenAI dominate.
154. 6:28But, yeah, they're the reason why we're
155. 6:30going down today, big time, and they're
156. 6:32still going down even more.
157. 6:34Microsoft did report, okay, but
158. 6:39they actually reported good numbers.
159. 6:40They topped all estimates,
160. 6:42and their cloud went up. Microsoft is
161. 6:45not so much in AI, but they have made
162. 6:48huge investments in like OpenAI, for
163. 6:51example, and
164. 6:53and their cloud services do host for a
165. 6:55lot. I mean, they've been renting out to
166. 6:57these AI companies as well. So, they're
167. 7:00trying to they're trying to pivot as
168. 7:03well. They have Copilot, which isn't
169. 7:05that great. Uh
170. 7:07they have uh Git GitHub.
171. 7:11Um
172. 7:12they do own a lot of stuff, but
173. 7:14anyways, they're actually green today,
174. 7:17barely, because they actually beat all
175. 7:18expectations, so that's good.
176. 7:21So, yeah, two opposites, two tech
177. 7:23giants, one doing very, very well. I
178. 7:25mean, take that back. They're both doing
179. 7:27very well.
180. 7:28Uh but, one came in above expectation,
181. 7:30one below, but the one below is what's
182. 7:32dragging markets down today in a big,
183. 7:35big, big way, almost minus
184. 7:38500 for Nasdaq. So,
185. 7:41it is what it is. There are still more
186. 7:43tech giants
187. 7:47that will be reporting. I don't know
188. 7:49which ones for the remaining of this
189. 7:52week. We could look at it during Q&A,
190. 7:54but we still got Meta that's very
191. 7:57heavily involved with AI. You got Amazon
192. 7:59that's also heavily involved with AI,
193. 8:01and then, of course, you have Nvidia,
194. 8:03the biggest player in the AI space.
195. 8:06There are a lot of
196. 8:08a lot of earnings. So, we'll look at
197. 8:10that in during Q&A.
198. 8:12Uh going back to crypto, yesterday was
199. 8:15actually another good day.
200. 8:17Another positive inflow day, 137
201. 8:20million.
202. 8:21So, despite the scaryness, there are a
203. 8:24lot of people and companies still
204. 8:27putting their money into Bitcoin.
205. 8:32So, that's fantastic. That's 3 days in a
206. 8:33row.
207. 8:353 days in a row plus 100 million.
208. 8:40Uh ETH continues to bleed, minus 21
209. 8:43million. Same thing with SOL, and
210. 8:45nothing for XRP. But, you could see it's
211. 8:47been red.
212. 8:48But, they're like little red, right?
213. 8:50Like, if you look at this,
214. 8:52these are little little little red
215. 8:54compared to the massive greens. So, it's
216. 8:57kind of just like
217. 8:59even out. ETH, on the other hand, is
218. 9:02kind of bleeding more red at this point.
219. 9:05Just seems like a lot of people are
220. 9:07losing interest in
221. 9:09and alts and just turning to Bitcoin,
222. 9:13right? And that that generally happens.
223. 9:15Whenever there is
224. 9:18any kind of
225. 9:19weakness or
226. 9:21fear, fud, you know, people turn to what
227. 9:24they trust the most, which is Bitcoin.
228. 9:26And I've always [clears throat] said,
229. 9:28hold a lot of it, as much as you can,
230. 9:31right? And your portfolio probably more
231. 9:33than 50%
232. 9:34at this point.
233. 9:36Because people will go back to what they
234. 9:38trust during scary times, and it's
235. 9:41Bitcoin.
236. 9:42So,
237. 9:44uh
238. 9:45looking pretty good, but
239. 9:47we do have a big options expiration that
240. 9:50is happening tomorrow.
241. 9:52Okay? The last Friday of every month, we
242. 9:56have huge options and futures
243. 9:58expiration, and this is where the big
244. 10:00boys tend to move prices
245. 10:04to kind of fit their contract. So, we'll
246. 10:07see what happens. I don't have
247. 10:09I don't have like the max pain price.
248. 10:13Because there's generally a max pain
249. 10:15price to the one point that where both
250. 10:16sides lose, that's usually where it
251. 10:18gravitates to.
252. 10:20I don't have that, but
253. 10:22could be a little volatile between today
254. 10:24and tomorrow. Volatile could go both
255. 10:26ways. It could go upwards, too. So,
256. 10:29there is something that's big that's
257. 10:30coming up tomorrow, and
258. 10:33>> [sighs]
259. 10:34>> October is almost
260. 10:37over, and we still haven't had that
261. 10:41October moment. Are we going to get it
262. 10:44in the next 2 days
263. 10:46and put us back into the green?
264. 10:50We will see.
265. 10:52Bitcoin has moved mysteriously many,
266. 10:55many, many, many times in the past, so
267. 10:58it could still happen.
268. 11:02Uh unfortunately, we also had a lot of
269. 11:04liquidations, okay?
270. 11:06Uh and obviously, this doesn't help, and
271. 11:08I mentioned this time and time and time
272. 11:10again.
273. 11:12These liquidations kill a lot of people.
274. 11:17You can't recover, and then you go on
275. 11:19this vicious cycle where you try to make
276. 11:21it back, and then you make more
277. 11:22mistakes.
278. 11:23It's just really tough. The 24 hours,
279. 11:25334 million wrecked once again.
280. 11:29Be careful. Be careful. You want to do
281. 11:33your two, three, five axes, okay?
282. 11:3610 20, 50, 100, that's where you're
283. 11:40asking to be liquidated.
284. 11:42Don't
285. 11:44do it.
286. 11:45And it And then it just hurts everyone
287. 11:46else, too. It's not just yourself,
288. 11:47because in cumulative, then you get like
289. 11:50a big long squeeze or something, and
290. 11:52it's no good.
291. 11:56No good, indeed.
292. 11:58All right.
293. 12:00What else is going on? Well, this is
294. 12:04good, I guess. I don't know if this is
295. 12:06good or bad,
296. 12:08but Michael Saylor said the shareholders
297. 12:11approved that all four of his preferred
298. 12:14stocks, including stretch,
299. 12:16will now begin
300. 12:19paying dividend
301. 12:20daily.
302. 12:22Daily. Stretch was the the most
303. 12:24aggressive one, where it was paying
304. 12:27every week. The other ones,
305. 12:30I think they were monthly, and some are
306. 12:32yearly,
307. 12:33because it was one after another after
308. 12:35another. Some didn't have to pay for
309. 12:37like a year, some didn't pay for like
310. 12:39quarters and months.
311. 12:41And
312. 12:42And Stretch is the new one didn't have
313. 12:43to pay for until every week. It was
314. 12:46longer before. Now, he's making it so
315. 12:49all of them pay daily dividend.
316. 12:55I don't know how he's going to do it,
317. 12:57but he's doing it.
318. 12:58And he's been buying back a lot of
319. 13:00Stretch, so I guess he's been preparing
320. 13:02for this. So, Stretch will start daily
321. 13:04dividend payments in November, while the
322. 13:07other ones will switch
323. 13:09uh in the new year, 2027. So,
324. 13:11interesting.
325. 13:12Saylor keeps conventing. He keeps
326. 13:16chatting with ChatGPT on new ideas.
327. 13:19>> [laughter]
328. 13:20>> I'm pretty sure. And uh this is the
329. 13:23newest one. Pretty soon, we're going to
330. 13:25move to hourly dividends. No, I'm just
331. 13:28kidding. We're not going to see that.
332. 13:31Uh but,
333. 13:33outside of that,
334. 13:35Bitcoin-backed mortgages coming to
335. 13:36Canada. A lot of you guys are Canadians.
336. 13:40Okay. So, you can put down your Bitcoin
337. 13:44as collateral, but right now it's early.
338. 13:46They haven't really announced like what
339. 13:49the specific terms are, what the rates
340. 13:51are, and, you know, what if the Bitcoin
341. 13:53that you put down goes down in value,
342. 13:56then do you need to add more, or you
343. 13:57going to get margin called? So, there
344. 13:59are a lot of questions at this point.
345. 14:01But, we are definitely moving in that
346. 14:03direction.
347. 14:04And that's a good thing. I mean, you can
348. 14:06put down things as collateral for
349. 14:09for mortgages, for loans, and stuff like
350. 14:12that, but traditionally banks still do
351. 14:14not accept Bitcoin as an asset, so
352. 14:18moving in the right direction.
353. 14:23Uh what else? What else?
354. 14:28Well,
355. 14:29I'm looking at Bitcoin's chart.
356. 14:32It's kind of like this.
357. 14:34I mean, well, this is actually Hype's
358. 14:36chart, but
359. 14:38uh Bitcoin's chart is this.
360. 14:42Sorry, wrong one, but you know, it moves
361. 14:44the same way basically at this point. I
362. 14:46did an interview with uh
363. 14:50uh Milk Road yesterday. It's It's
364. 14:52posted. I put a collaboration link on
365. 14:54the channel.
366. 14:55Um
367. 14:57nice guy, didn't know about them.
368. 14:59They're fairly decent, um fairly big.
369. 15:03And I talked a lot about Hype. I mean,
370. 15:05they just have a really good model.
371. 15:08And they have a good flywheel effect,
372. 15:10and so many are utilizing them to
373. 15:13promote perp trading. I just heard Pump
374. 15:15That Fund did, even though they have
375. 15:17nothing to do with trading. Phantom did
376. 15:19it and made $20 million in a year. So, a
377. 15:22lot of people are
378. 15:24getting involved with Hype, and they
379. 15:26have the most liquidity, so Hype is
380. 15:29doing very well.
381. 15:30Very well, and I think they will
382. 15:32continue to do very well. They got a
383. 15:33really good model. It's exactly what I'm
384. 15:35trying to build for Clash, like this
385. 15:37flywheel effect, and I don't have it
386. 15:40like Hype yet. If I did, we would be
387. 15:42like at $10 billion already, but
388. 15:46you know, projects that can that can
389. 15:48figure it out have massive utility,
390. 15:50massive users, massive volume, and then
391. 15:52utilize that to create a flywheel effect
392. 15:54for an underlying token, that's where
393. 15:57you go see super success, right? So,
394. 16:00they have done really well.
395. 16:02Uh but for Bitcoin, you know, Bitcoin
396. 16:05has done very well, too, since
397. 16:08since the beginning till now, right?
398. 16:10We're still going through one of those
399. 16:12times where we're recovering.
400. 16:14It's slow,
401. 16:16and sometimes it's it's rough.
402. 16:19Um last Look at that last cycle when
403. 16:21we're coming back up from 2022 2023
404. 16:25leading to 2024. I mean, it's just like
405. 16:26many many many months many months of
406. 16:29sideways until we finally broke out and
407. 16:31then boom, we started moving. Right? So,
408. 16:34it's just one of those times.
409. 16:37It could be scary. It could be boring.
410. 16:42But the ultimate strategy, the one that
411. 16:43truly works is simply hold all and DCA.
412. 16:49That's it.
413. 16:50That's it.
414. 16:51That simple.
415. 16:54All right.
416. 16:55Uh
417. 16:55>> [sighs and gasps]
418. 16:56>> there's really not much else.
419. 16:59Um
420. 17:00you know, weeks back we heard about
421. 17:02ledgers and how some being sold from
422. 17:04this crypto Billy's guy.
423. 17:07Right? They had some kind of chip
424. 17:11implanted in them and basically
425. 17:14it cost
426. 17:152.7 million dollars for Singapore users.
427. 17:18And I don't know how many other
428. 17:21people have lost money through it. It's
429. 17:23just an unfortunate situation. If you go
430. 17:25get a hardware wallet, make sure you get
431. 17:27it from the manufacturer, not from any
432. 17:30third parties because that's what could
433. 17:32end up happening.
434. 17:34All right.
435. 17:36That's pretty much it. Today is still
436. 17:39not looking good because of Google.
437. 17:45Uh they're recovering a little bit.
438. 17:4612.8%
439. 17:48around 13 something, so
440. 17:51it's something, but they're really
441. 17:52dragging down everyone else. Looking at
442. 17:55the watch list, everything is green.
443. 17:58Bitcoin isn't that bad, actually.
444. 18:00Bitcoin, ETH, SOL, Sui, XRP hardly down,
445. 18:04but everything else is just down
446. 18:07down big because of Google.
447. 18:10All right.
448. 18:14That's pretty much it. Let's do uh Oh, I
449. 18:16was going to
450. 18:17I said I was going to do uh
451. 18:20earnings.
452. 18:21What else?
453. 18:23Who else is reporting?
454. 18:25Uh Amazon's reporting today.
455. 18:28Intel's reporting today. Big one,
456. 18:30Strategy is reporting today.
457. 18:33Ooh, got some big ones.
458. 18:36So, we'll see what Strategy
459. 18:38whether they're making money or losing
460. 18:39money. They're probably through their
461. 18:41Bitcoin holdings, they're probably going
462. 18:43to lose some money, but
463. 18:45um and then Intel Intel, you know, not
464. 18:48really relevant much these days, but
465. 18:51still they're in they're in mana you
466. 18:54know, chip production. Amazon's a big
467. 18:57one if you want to see if AWS is doing
468. 19:00well.
469. 19:01And then next week we have Apple, AMD,
470. 19:05big big big players.
471. 19:07And then the week after that you have
472. 19:09Cisco and Nvidia
473. 19:12and Walmart.
474. 19:14You got some big earnings coming out
475. 19:17that could really swing markets for
476. 19:18sure.
477. 19:23Pfizer, Exxon, I don't even know A A S E
478. 19:26technology. No I no idea who they are,
479. 19:28but they're huge.
480. 19:30They're huge, too.
481. 19:33All right.
482. 19:35Q&A.
483. 20:07Mad Hatter says imagine Sailor got sick
484. 20:09and decided
485. 20:10to sell all the Bitcoin. What impact
486. 20:12would that have? It It'll be disastrous,
487. 20:14so.
488. 20:16Uh hopefully that never happens. It'll
489. 20:18be more disastrous than if Satoshi
490. 20:20waking up and selling off his Bitcoin.
491. 20:24Saylor has that much power because all
492. 20:25the institutions, all the Bitcoin
493. 20:27treasury companies look at what he does.
494. 20:30But, that's not going to happen.
495. 20:33It's just not.
496. 20:36Apple released a $21,000 laptop. That's
497. 20:39how Apple is getting involved with AI,
498. 20:41selling hardware. They have no models.
499. 20:44They're so behind. They're paying Google
500. 20:46billions to have Gemini be their default
501. 20:50AI. I was Siri.
502. 20:53Uh but, how they're trying to make up
503. 20:55for it is with their MacBooks and Macs.
504. 20:59You know, they're charging
505. 21:02crazy amount for RAM. If you want like,
506. 21:04I saw something like if you want 512
507. 21:07gigs of unified RAM,
508. 21:09it was like a $15,000
509. 21:11upgrade.
510. 21:12So, the computer itself, if you maxed it
511. 21:15out, was like at $22,000.
512. 21:19You could buy a freaking car, you know?
513. 21:22But, they're doing that because they
514. 21:23know a lot of AI enthusiasts want
515. 21:26all the unified memory.
516. 21:28And
517. 21:29the same thing with like the MacBooks
518. 21:31and stuff. They're just crazy amount
519. 21:33that they're charging for RAM. Even
520. 21:35though I know RAM has gone up in price.
521. 21:37This is why like
522. 21:39SK Hynix and Micron and all these guys,
523. 21:42you know, they said they're sold out for
524. 21:43years.
525. 21:44They don't cost that much. Apple's just
526. 21:46like
527. 21:48trying to gouge everyone. Because that's
528. 21:50the only thing they can do.
529. 21:51Like I said, they don't have anything.
530. 21:54They don't have any AI models. They
531. 21:56don't have anything to sell.
532. 21:58So, they're they're kind of behind. This
533. 22:02This is the reason [clears throat] why
534. 22:06is the reason why I think Tim Cook
535. 22:07stepped down. Like he led them as much
536. 22:09as he can
537. 22:10through optimizations, efficiency with
538. 22:13supply chain and stuff like that. But,
539. 22:15the next CEO has to figure out what to
540. 22:17do. And iPhone duo
541. 22:20not off to a good start. A lot of
542. 22:23complaints about cracking in the screen
543. 22:25and stuff.
544. 22:27And no one's really excited about new
545. 22:29iPhone anymore. So, they had to figure
546. 22:32it out. And right now they're trying to
547. 22:33pivot into AI through selling a lot of
548. 22:35hardware. But, honestly, I don't I don't
549. 22:37know how many people are really that
550. 22:38excited about running their own AI
551. 22:41models.
552. 23:02>> [snorts]
553. 23:07>> Uh first time here, what's ask clash? Go
554. 23:12Go look at it yourself. askclash.ai.
555. 23:15It's a intelligence platform for all
556. 23:17things crypto and investing. And really
557. 23:19anything you can ask it anything.
558. 23:27Uh this is like a summary of what was
559. 23:29said yesterday by the Fed.
560. 23:32The Fed held rates steady. He kept focus
561. 23:35on
562. 23:36persistent inflation.
563. 23:39Fed will remain data dependent and will
564. 23:41not prejudge upcoming
565. 23:44meetings.
566. 23:46And the press conference was brief, 28
567. 23:48minutes.
568. 23:49Wow.
569. 23:51Wow. Press conferences are always like 1
570. 23:54hour long. So, he basically he cut it in
571. 23:57half.
572. 23:59And the Fed plans to hold seven meetings
573. 24:01instead of eight.
574. 24:03So, they're cutting out one one FOMC
575. 24:05meeting next year, which is good. You
576. 24:07don't need that many. Honestly, you
577. 24:08probably just need six. One every 2
578. 24:10months.
579. 24:12That's it.
580. 24:14Right? The The The indicators that come
581. 24:16out like
582. 24:18like CPI and stuff like that, they're
583. 24:20lagging indicators. You need some time
584. 24:23for them to kind of adjust. But,
585. 24:24basically he was very tight-lipped.
586. 24:26Didn't really say anything.
587. 24:28Okay? And that's on purpose. He didn't
588. 24:30want to lead the market into thinking
589. 24:33one way or another, which is smart.
590. 24:36So,
591. 24:38yeah.
592. 24:46What's your take on Google's new custody
593. 24:48services? I don't I'm not even aware of
594. 24:50them.
595. 24:53I never heard of any Google custody
596. 24:56services.
597. 24:58What? Is it like a new wallet or what?
598. 25:16Yeah, Google's still not doing good.
599. 25:19Freaking Google. Look at Look at that.
600. 25:21Look at that drop.
601. 25:24Uh
602. 25:48AI is making meetings faster. Yeah, it
603. 25:51could take notes. It could prepare
604. 25:53things for you.
605. 25:56Definitely.
606. 25:58You know, I saw this interview by AI
607. 25:59like basically um
608. 26:03there was some guy some
609. 26:05No, it was some woman that was saying
610. 26:06that in the future
611. 26:09and it's kind of like that now, but it's
612. 26:10just going to be worse.
613. 26:12In the future, you're going to have two
614. 26:13types of people. You're going to have
615. 26:14the thinkers
616. 26:16and then you going to have the
617. 26:16followers, right?
618. 26:19And it's kind of like how society is
619. 26:21already, but because more and more
620. 26:23people are starting to become more and
621. 26:25more dependent on AI agents and chatbots
622. 26:28and stuff like that.
623. 26:30Uh or AI personal assistants. You go
624. 26:32have generations grow up where they're
625. 26:35just going to listen to AI. They don't
626. 26:37need to think, nor do they want to
627. 26:39think. They will just become followers.
628. 26:41Whatever AI says, they will follow. And
629. 26:44this
630. 26:46This is going only get worse.
631. 26:48And then you have a small group of
632. 26:50thinkers, the ones that can think, that
633. 26:53can invent,
634. 26:55and
635. 26:57and can question things, right? And
636. 27:00those people
637. 27:01will be the ones that are going to be
638. 27:04leading or ruling the world, right?
639. 27:08So, in in some aspects, it's already
640. 27:10like that. You already have the elites
641. 27:12that are kind of doing that.
642. 27:15Um
643. 27:16But right now, I think there's still
644. 27:18more people that are
645. 27:21critical thinkers, that can think for
646. 27:22themselves, and can make decisions
647. 27:26without relying on AI. But if you think
648. 27:29about the next generation,
649. 27:31they're they're growing up in it, right?
650. 27:33They're It's just like
651. 27:35the mobile revolution, right? Now, you
652. 27:37can't meet anyone that doesn't have a
653. 27:40phone, a mobile phone, and is glued to
654. 27:42it. The next generation is going to be
655. 27:45so reliant on AI. That's the the AI
656. 27:49revolution like generation.
657. 27:53They're They're They're not even going
658. 27:55to think.
659. 27:57So, if you think about that way, ooh.
660. 27:58It's kind of
661. 27:59It's kind of scary to think about where
662. 28:02where society is heading to,
663. 28:04right? Th- These are things that we
664. 28:06watched in movies, like these themes and
665. 28:10ideas. We watched these
666. 28:12in movies 20, 30 years ago, and now
667. 28:15they're starting to come
668. 28:18true,
669. 28:19right?
670. 28:21I, Robot is another movie like that,
671. 28:24right? Like in I, Robot, basically they
672. 28:26had they created this big AI that leads
673. 28:30society,
674. 28:31and everyone just thinks it's perfect
675. 28:34until it's not.
676. 28:36>> [snorts]
677. 28:37>> So,
678. 28:38now we're kind of
679. 28:40kind of heading that direction.
680. 28:57Flavio says, "AI definitely is not a
681. 28:59great equalizer. AI gives smart people
682. 29:01superpowers and morons less incentive to
683. 29:03learn." That's exactly right.
684. 29:06You summed it up perfectly. So, this
685. 29:09goes to what I was saying.
686. 29:12You going to have a whole generation,
687. 29:13new generation that are just so reliant
688. 29:15on it, they can't do anything
689. 29:18without it. They can't they won't learn.
690. 29:20They won't have any reason to do
691. 29:22anything, really.
692. 29:23Um
693. 29:24and then you going to have small group
694. 29:26that are thinkers, and they're the ones
695. 29:28going to be leading things and utilizing
696. 29:30AI to do like great things. So,
697. 29:33yeah, that's exactly what's going to
698. 29:35happen. It's already happening.
699. 29:48But, you could do a lot with it. You
700. 29:50could do a lot with it. You just have to
701. 29:51figure out
702. 29:53a lot of jobs are going to be lost in
703. 29:55the next 5 to 10 years, for sure.
704. 29:58This is the time to be maximizing
705. 29:59earnings and savings.
706. 30:38I don't not a whole lot of
707. 30:40chat this morning.
708. 30:42Uh it's just kind of like one of those
709. 30:44days, one of those depressing days
710. 30:45because of Google.
711. 30:47We only got a few more days left of this
712. 30:50month.
713. 30:59>> [snorts]
714. 31:00>> Still a lot of great tokens on Clash
715. 31:02Pad. Still rewarding, although the
716. 31:05rewards have gone down a lot because the
717. 31:07volume has gone down a lot.
718. 31:10You know, whenever Bitcoin and macro
719. 31:12economic conditions get a little scary,
720. 31:14people stop
721. 31:16buying and
722. 31:18and trading, which is honestly a good
723. 31:20thing for holding, but not not so good
724. 31:23for rewards. But, you know, still going
725. 31:24up slowly. I've generated a lot
726. 31:28a lot of buying for Clash, right? And
727. 31:32all the projects that are on here are
728. 31:34still doing their thing to market and
729. 31:37increase their social presence, which is
730. 31:39good.
731. 31:40So,
732. 31:42check out Clash Pad if you haven't yet.
733. 31:45You know, another thing I was thinking
734. 31:46about is right now this is all
735. 31:47sole-based, right? The next evolution is
736. 31:49I may open this up to other chains,
737. 31:53like BNB or even base, you know,
738. 31:58uh or Arbitrum, so that you can launch
739. 32:01tokens
740. 32:02and and beyond other chains, not just
741. 32:06sole. Although sole is still the
742. 32:07dominant chain,
743. 32:10but, you know, I'm thinking about that
744. 32:11and seeing I don't know if it's going if
745. 32:14I could do the same kind of reward
746. 32:15mechanism because that that depends on
747. 32:17the LP.
748. 32:19So, I'll have to look into that, but
749. 32:20that is something that I am thinking
750. 32:23about right now.
751. 32:31Uh Clash Picks, still a lot of games
752. 32:33going on. For those of you guys, you
753. 32:35know, looking forward to
754. 32:37some football this weekend. NBA season
755. 32:41started although I haven't watched any
756. 32:43game yet.
757. 32:45I just know that Cooper Flag is looking
758. 32:47fantastic. A lot of people are hating on
759. 32:51Wemby because it seems like he did not
760. 32:53progress in off-season.
761. 32:56I don't know. He just like, you know, he
762. 32:58he's a 7'6" guy thinking he's 6'6".
763. 33:02What he loves to do is shoot threes. You
764. 33:04know, he just loves
765. 33:07loves it.
766. 33:08He needs
767. 33:10to think like Shaq.
768. 33:12If he's like Shaq, I know he's not as
769. 33:15big. But if he thinks like Shaq and he
770. 33:18just stays in a paint
771. 33:22on offense and defense
772. 33:24you can't stop him. You You really
773. 33:26can't. He's too athletic and long.
774. 33:29There's no one in the league that really
775. 33:31can stop him, right? So then he he'll be
776. 33:33averaging 40 points a game.
777. 33:35Um
778. 33:38But yeah, that's not happening.
779. 33:42And Frontline
780. 33:43still making some big changes.
781. 33:46Some performance increases. Uh new store
782. 33:50items, new bundles, and uh we'll
783. 33:53introduce a lot more armor and masks and
784. 33:56stuff like that. But
785. 33:58the the people that are playing have
786. 34:00gone up a lot in the last few days. I
787. 34:02don't know what it is. I didn't really
788. 34:04advertise much, but I am going to start
789. 34:06advertising more.
790. 34:08Um I think ChatGPT picked up on it
791. 34:10because a lot of our sources like
792. 34:15like one of the major source is from
793. 34:17ChatGPT. So I don't know. ChatGPT's
794. 34:18actually referring people to us. We get
795. 34:20a lot of guests playing, but
796. 34:22if you guys like first-person shooters,
797. 34:24try Frontline. It's browser-based. You
798. 34:26don't have to install anything and the
799. 34:28gameplay
800. 34:29is amazing. It's really fun. There are a
801. 34:31lot of people that are really hardcore
802. 34:33into this.
803. 34:34And we do have a
804. 34:35you know, leaderboard. And for those of
805. 34:37you guys that care about Clash you do
806. 34:40get Clash score by playing. You can earn
807. 34:43P class also by playing.
808. 34:46So
809. 34:48a lot of stuff. A lot of stuff.
810. 35:01Wemby can be honest, a better version of
811. 35:04Giannis.
812. 35:05A better He's already a better shooter
813. 35:07than Giannis, for sure.
814. 35:09But Giannis started as a stick, too,
815. 35:11when he entered the league. All right,
816. 35:13he can gain like 40 lb of muscle.
817. 35:16Wemby could do that. I mean, I'm not
818. 35:18saying it's easy. He's a 7'6" guy,
819. 35:20naturally you're going to be thin.
820. 35:22But he could be hitting those weights
821. 35:24and and getting big and bulky. Not not
822. 35:28that big, but like
823. 35:30if he got to Giannis's like
824. 35:33frame, like that kind of muscle
825. 35:37at 7'6" with a 10-ft reach
826. 35:41it's it's game over. Even Giannis.
827. 35:45When Giannis stands next to Wemby, he
828. 35:47he's like this. Like as dominant and as
829. 35:51unstoppable Giannis is, Wemby will be
830. 35:54even more than that. Like there's a
831. 35:56There's like a 6-7 in difference between
832. 35:59Giannis
833. 36:01and Wemby.
834. 36:03Just think about that. That's the
835. 36:05difference between like
836. 36:07I don't know.
837. 36:09Harden
838. 36:10versus Giannis. If you think about the
839. 36:12height difference
840. 36:14Harden's like 6'4", 6'5". Giannis is
841. 36:17like probably 6'11".
842. 36:19Maybe a little bit under 7, but
843. 36:22if you look at the height difference
844. 36:23there, it's the same between Giannis and
845. 36:26Wemby, right? So if Wemby just
846. 36:29bulked up, he'd be unstoppable. The most
847. 36:32unstoppable person in NBA, basically.
848. 36:38Stop shooting those threes. He loves
849. 36:40taking like 13 threes in the game.
850. 36:52All right, guys.
851. 36:56>> [sighs]
852. 36:57>> To conclude, I mean, it is what it is
853. 36:59right now.
854. 37:01Little stale, a little boring. FOMC
855. 37:03meeting didn't really change things.
856. 37:06Or didn't really say anything
857. 37:09good or bad, neutral. Today's led by,
858. 37:12unfortunately, Google having a bad
859. 37:14quarter.
860. 37:15Lower than
861. 37:18lower numbers than estimates, so that's
862. 37:21what's dragging things down. But, you
863. 37:22know what?
864. 37:24Things could still turn around in a big
865. 37:26way.
866. 37:27We got a big options expiration
867. 37:28tomorrow. We got some big earnings
868. 37:31coming up tonight.
869. 37:33So, we'll see. All right, stay strong,
870. 37:35my friends. Go check out Clash Picks,
871. 37:38Clash Pad, Frontline,
872. 37:42and uh have a good one. All right?
873. 37:45Uh am I planning to add more servers in
874. 37:47Asia for Frontline? Yeah, I was thinking
875. 37:49about it. I could add Asians Asian
876. 37:51servers and European servers, but right
877. 37:53now I don't think the
878. 37:55the volume justifies it. Everything is
879. 37:57in the US. I think people are playing
880. 37:59just fine, but if we do get a a huge
881. 38:02influx of people, then opening up more
882. 38:05servers is definitely no problem.
883. 38:08All right. Take care.