How Mayne Sold His Crypto Company to Kraken — Transcript
Full transcript
- 0:00Wow, there he is.
- 0:01What's up? What's up? Mr. Mr. number
- 0:04six. Yeah, you guys are crazy. That's
- 0:07way too generous.
- 0:09Man, way too generous. [laughter]
- 0:11Oh, you should be top five.
- 0:12For real, and that picture you guys used
- 0:15Yo, see, you should be top five. You
- 0:17made the [ __ ] list, bro. [laughter]
- 0:20Yo, [ __ ] you, bro. The pic- the picture
- 0:23you guys used for me for announcing the
- 0:24stream as well is a violation. I don't
- 0:26know where you got that from. I got
- 0:28>> [laughter]
- 0:29>> I think I only sent that picture to my
- 0:31wife. I'm like, "Where did these guys
- 0:33get this, bro?"
- 0:35>> [laughter]
- 0:35>> Wait, I want to see. I don't even I
- 0:37haven't even seen it. Look at my screen.
- 0:38I have it I have it pulled up.
- 0:41>> [laughter]
- 0:43>> What the [ __ ] bro? Dude, the only thing
- 0:45I understood from that last segment is
- 0:47that Claude is reporting all of my
- 0:50[ __ ] searches. [laughter]
- 0:52It's
- 0:53the worst I've got ever.
- 0:55>> [laughter]
- 0:56>> That was a given though, now like
- 0:57>> Greg's a good good brain, bro. We
- 0:58expected that. He's a good good brain.
- 1:00That's so over, dude. Oh my god. Yeah.
- 1:03Well, that was enough thick dense
- 1:05content for my [ __ ] pathetic little
- 1:08mind to to to
- 1:10>> [laughter]
- 1:10>> to get through for the next
- 1:11>> Number six here here to dumb it down.
- 1:13Don't worry. We love it. We love it. So,
- 1:15fir- first things first, we didn't
- 1:16really get into the list. How do you
- 1:18feel about the list? I want you and Z to
- 1:20really like kind of go on back and forth
- 1:21on this and take it Take Take our
- 1:23audience through it step by step one
- 1:25through 25. Let's Let's run that. I just
- 1:27like to clear I definitely have made it
- 1:29in the top five by the Z, pull pull pull
- 1:31the [ __ ] I [laughter] appreciate you,
- 1:32bro. Z, pull pull up pull up the tweet
- 1:35on your thing so you can share you your
- 1:37content with him and you guys can kind
- 1:39of go through it.
- 1:39>> Uh the tweet? Oh, yeah, I got you. Yeah.
- 1:41Let's see. I'm going to take my 16th
- 1:43piss of the episode and then we'll
- 1:46probably hydrate.
- 1:46>> [laughter]
- 1:46>> might need to go to the doctor, bro.
- 1:49It's like five times every [laughter]
- 1:51every single episode.
- 1:52>> It's just pure liquid coming out, just
- 1:55clear as ever. No, [laughter] it's
- 1:56actually it's actually thick it's
- 1:58actually thick cloudy dense like yellow.
- 2:01>> Did you say thick?
- 2:02>> [laughter]
- 2:03>> You should type in a cloud and see
- 2:04what's wrong with you. Every time I
- 2:07every time I take a piss I'm in
- 2:09agonizing pain. [laughter] Oh my god.
- 2:11No, no, no.
- 2:12>> they did say they did say chlamydia is
- 2:14on the rise in Europe bro. You've been
- 2:16in Europe recently? [laughter]
- 2:18He got some [ __ ] bro. We don't know.
- 2:20>> god.
- 2:21>> Gonorrhea is all time high in LA.
- 2:23>> There you [laughter] go.
- 2:25All right, [snorts] I'll leave it to you
- 2:26guys. But yeah yeah we did uh top 25 of
- 2:28CT general list. Um it was off the the
- 2:31heels of like the top 25 streamers
- 2:34uh list that has been going around been
- 2:35popping off. Um so yeah I think we did
- 2:38okay. I don't think we did too bad on
- 2:39it. Um I know Mayne you've been on CT
- 2:42for a long time. Uh can you give the
- 2:44viewer just like a a little bit about
- 2:46you like how you got started with
- 2:47crypto? Um how you started on crypto
- 2:50Twitter?
- 2:51So what's crazy is the only person on
- 2:53this list that I think was on CT when I
- 2:56first got on was Kobe.
- 2:58Um so I think Kobe obviously consensus
- 3:00number one. I know he doesn't post as
- 3:02much as he used to. I mean he's just had
- 3:04so many legendary calls and just kind of
- 3:06you know culture and just been the guy
- 3:09for such a long time. Um but yeah I got
- 3:11on I got on crypto Twitter in April of
- 3:142014 bro. Damn. Uh I used to be
- 3:16cryptomayne and I thought that I was
- 3:19pigeonholing myself to crypto so I
- 3:20changed to tradermayne.
- 3:22Um I really like Gucci Mane. That's why
- 3:25I made my name you know tradermayne
- 3:27cryptomayne at the time and I kind of
- 3:29got into crypto like you know as many
- 3:32people do. I had a friend who was
- 3:34telling me about it. You know he was
- 3:35like yo like this is the thing. This was
- 3:37back in like 2012 2011. So this is the
- 3:40future of money and I'm like yeah but
- 3:41you also like bring me to multi-level
- 3:43marketing meetings every other week. So
- 3:45[laughter] I'm not sure I trust your
- 3:47judgment. Um
- 3:48but sure enough like I kind of like was
- 3:51you know of it and then I
- 3:54started buying some, using it to like go
- 3:56on Silk Road, [ __ ] like that, gamble
- 3:58with. And uh then it had that bull run
- 4:01to I think it was 1167. So, $1,167 was
- 4:05the all-time high in 2013-14
- 4:07cycle.
- 4:08And I just remember being like, "Hey,
- 4:09this thing was like dollars when he told
- 4:11me about it. Now it's a thousand
- 4:13dollars. Maybe there's something here."
- 4:15And so, I kind of caught the very tail
- 4:17end of that market and
- 4:20lost all of my money.
- 4:22Um uh like made a little bit very
- 4:24briefly and then gave it all back. And
- 4:26then from there it's like you're bitten.
- 4:28You know what I mean? Like it's like,
- 4:29"Okay, there's got to be a way that this
- 4:31works." And that's what got me on my
- 4:33trading journey. I started, you know,
- 4:34with forex and
- 4:37paying for mentorships on how to do
- 4:39technical analysis and all this stuff.
- 4:41And I had had that Twitter account the
- 4:43entire time and I didn't really use it.
- 4:46And then kind of 2016-17 rolled around
- 4:48and I'd been trading FX kind of actively
- 4:50outside of my job. And um I'm just like,
- 4:53"I'm wondering if some of this [ __ ] I'm
- 4:55doing in these, you know, currency pairs
- 4:57will work in crypto." Yeah.
- 4:59>> And it did. So, I mean, you can go find
- 5:01charts from me from like 2014 to 2017
- 5:04with like order blocks and [ __ ] all
- 5:07this [ __ ] that everyone's using now.
- 5:10Um
- 5:11charting coins that don't even [ __ ]
- 5:12exist anymore.
- 5:14Um and then the rest is kind of history,
- 5:16man. Like, you know how it goes, right?
- 5:17Like, you just posting. I don't think
- 5:19anyone I mean, maybe banks aside, a
- 5:21little more intentional. I had no
- 5:23thought of growing a social media
- 5:25audience with this.
- 5:26>> Bro, me neither. Nothing. No, what do
- 5:28you mean? I I I arguably couldn't like
- 5:31had the least expectation of what was to
- 5:33come. Like, I was [ __ ] I made a
- 5:34YouTube video in 2008 before I even knew
- 5:37that you can make a single dollar on
- 5:38social media. Before anybody knew you
- 5:39can make money. Before clout was a
- 5:41thing. Before Instagram existed, you
- 5:43know? Like It was it just kind of
- 5:45happens, you know? Like, you're just
- 5:46posting and then after a while it's
- 5:48like, oh [ __ ] like I have a few
- 5:49thousand followers and then 10,000 and
- 5:51then it just kind of snowballed like
- 5:53crazy. And so
- 5:54the rest is history, man. I've been
- 5:56known by many things as on, you know,
- 5:58online, the neck and all these different
- 5:59things. But really it's
- 6:02I think I was one of the early kind of
- 6:03TA guys, I would say for
- 6:05for a crypto where it was like, hey,
- 6:07this stuff that works in traditional
- 6:09markets, it works in crypto as well. I
- 6:11had a huge Discord back in the day with
- 6:13many of the huge massive accounts. Like
- 6:16if Hasu was still active, you know, he
- 6:18would be on this list. Loma's on this
- 6:20list. Loma was in my Discord back in the
- 6:22day.
- 6:23Um, and these guys became obviously
- 6:25beasts to their own right. And it's just
- 6:27crazy to see what's become of this
- 6:29industry and
- 6:30you know, all that stuff since then.
- 6:32>> Hasu Hasu was number one number one on
- 6:34friend tech, right, for a minute?
- 6:36Oh, yeah. Yeah.
- 6:38Yeah.
- 6:39I don't know. He just disappeared, bro.
- 6:40I don't know. Some people just like
- 6:42I'm sure you get this too all the time,
- 6:44Z, like
- 6:45you'll like think of someone and you're
- 6:46like, what happened to that guy? And
- 6:48then you'll go to their page and like
- 6:49they haven't tweeted in five years and
- 6:51you're like, damn, like either they made
- 6:52it or
- 6:53>> Or they went bust and [ __ ] jumped off
- 6:55a building, right? Yeah, God forbid in
- 6:57Minecraft. in GTA in GTA
- 6:59>> Minecraft, yeah.
- 7:00>> [laughter]
- 7:00>> There's there's a few people like that.
- 7:01A lot of the a lot of people that I
- 7:03learned from. There was this one guy,
- 7:05his name is SFS Crypt. He made a lot of
- 7:08indicators on TradingView. He has some
- 7:10of the the best like custom indicators
- 7:12on TradingView. A lot of them are still
- 7:13up. And he was around in like 2017 and
- 7:16he just like stopped stopped posting one
- 7:18day. But his indicators, I still use
- 7:20indicators, so it's still kind of cool.
- 7:23It's like, yeah, but I think that I
- 7:25think the list is good, dude.
- 7:27I think Kobe consensus Yeah.
- 7:30I think ThreadGuy's like the rookie of
- 7:32the year, you know? Or like the MIP, you
- 7:35know, most improved. Like he's the new
- 7:37up-and-coming, like he's the guy.
- 7:40So love ThreadGuy.
- 7:42Um,
- 7:43I think flood, you know, is above me.
- 7:46The hype trade, the conviction on the
- 7:48hype trade.
- 7:49>> bro.
- 7:50>> recency bias though, maybe, and you're
- 7:51being humble cuz you're a [ __ ] you're
- 7:53you're the goat. Flood's been doing the
- 7:55thing for a long time, man. I used to be
- 7:57in the BitMEX troll box with Flood and
- 8:00like someone be talking [ __ ] and he'd be
- 8:01like, "Hashtag or [ __ ] {forward
- 8:03slash} position, bro."
- 8:04>> Position.
- 8:06>> [laughter]
- 8:06>> Show me like just like show me your
- 8:08money, bro. And you get Uh, Flood is the
- 8:11Flood's easy in my top three. I love the
- 8:13kid to death and honestly I love I love
- 8:14him on a personal level, too. We spent
- 8:16some time in St. Barts and he's 100% the
- 8:18reason I was I'll give him 80% of the
- 8:20reason why pretty much ported
- 8:23hype at the beginning of the year, which
- 8:24I asked both of you guys I asked you two
- 8:26are part of the [ __ ] starting five
- 8:28lineup of where I go anytime I'm
- 8:30thinking about making a move in crypto.
- 8:32Yeah, I'll always ask Mayne, I'll always
- 8:34ask Z, and
- 8:36I find myself pulling trigger when you
- 8:38guys are all generally aligned.
- 8:41The hype trade seemed obvious, right?
- 8:44But to do it with the size and level of
- 8:47conviction and doubling down that Flood
- 8:49did it with is
- 8:50is something I think beyond what most
- 8:52people think. Like a lot of people are
- 8:53like, "Oh, dude, I have a bunch of spot
- 8:54hypes." Like this guy was like he's got
- 8:56a family office. He's like 80% hype.
- 8:59He's got an options play on hype. You
- 9:01know, he's farming the airdrop on hype.
- 9:03He's like he was he was on every
- 9:06possible avenue and way to be bullish on
- 9:08this asset class like I've never seen
- 9:10before.
- 9:11Uh, and I think it will go down as one
- 9:13of the greatest trades, you know, in
- 9:15crypto for a very long time. Like it
- 9:17>> With size, dude. This bro was already
- 9:19filthy [ __ ] rich. I know.
- 9:20>> [laughter]
- 9:20>> That's why he's six. It's [ __ ] up.
- 9:22It's disgusting, dude. It's disgusting.
- 9:24But I I think the list is good. I think
- 9:26at the end of the day, right, it's like
- 9:28this kind of stuff is subjective. Yeah.
- 9:30Um, but, you know, I'm not I'm not
- 9:31complaining about number six. I'm not
- 9:33complaining at all. If you had to make
- 9:34any changes, uh, remove three people
- 9:37from this list and add three.
- 9:39Well, first of all, Z's got to be in
- 9:41there.
- 9:42Where's he going? Where's he going?
- 9:43>> Appreciate you. I got you I got you in
- 9:45my in my top five for sure. Uh for a
- 9:48couple of reasons. Like one, the Solana
- 9:50trade equally is epic, right? Um the
- 9:53meme coin somewhat of a supercycle, but
- 9:56like the memes moved, man. We had a meme
- 9:58coin cycle and you were early to it. And
- 10:00also just being someone who has a large
- 10:02audience on Twitter, I've had a fraction
- 10:04of what you've experienced on the
- 10:06negative side um this cycle. And uh it's
- 10:10got to be like a Black Mirror episode
- 10:11for you, I'm sure, being like, "What the
- 10:13hell is going on, dude?"
- 10:14>> Black Mirror at least three times in an
- 10:16episode, by the way.
- 10:16>> Yeah, like it did And like I get it I
- 10:18get like a little bit. You know, I get
- 10:20the occasional death threat, like
- 10:22whatever, like you're bald, fat piece of
- 10:23[ __ ] And I'm like, "Ow, fat? Really?
- 10:25Like other two things probably true."
- 10:27But like you were getting assault and
- 10:30you just kept showing up, bro, and doing
- 10:31your thing. And I got a lot of respect
- 10:32for that. Um and I know you're a good
- 10:34trader. Like that's what I think got
- 10:37lost in the sauce a little bit with like
- 10:39oh I just want Z to you know shill my
- 10:41ticker. So I'm like, "Bro, this guy used
- 10:42to write these threads on on CoinZemp,
- 10:46right? Not even on the main." [laughter]
- 10:48Yeah, where where where where bro went
- 10:50deep and like, you know, thoughtful
- 10:52thesis analysis TA blend with FA. And
- 10:55like this guy cares and he's clearly
- 10:57smart. Um but you know And listen, I'm
- 10:59I'm going to take an additional victory
- 11:01lap for for my boy because he's
- 11:03incredibly well-mannered and humble, but
- 11:05I am not. Um yeah, look at the look at
- 11:08this tweet. We posted this tweet before
- 11:09the episode with all the clips attached.
- 11:12I mean, brother
- 11:13I guess this is a general question to
- 11:14you too, like how you feel about the
- 11:15show, but I mean, Z still got it, bro.
- 11:18You saw you saw the timeline after
- 11:20episode one. It was it was all no
- 11:22Bitcoin, no Solana, [ __ ] whatever
- 11:25whatever, the naysayers.
- 11:27Um and Z went on to, you know, go in
- 11:29depth about his positions in hyperliquid
- 11:31and VVB and Zcash and
- 11:34I mean
- 11:36Bro, what what what's even better than
- 11:38than this was I think it might have been
- 11:40after episode one
- 11:42cuz you would ask Z
- 11:43>> You own you own
- 11:45When did you get in a
- 11:47soul and like when did you get out and
- 11:50you know he's like I bought it like at a
- 11:51a buck 50 and I sold it like 200 plus. I
- 11:54was like no you [ __ ] didn't and he's
- 11:55like time stamp time stamp.
- 11:57>> [laughter]
- 11:59>> There you go.
- 12:00Like I posted on the main channel too.
- 12:03>> And Vinnie Vinnie's like oh my fault my
- 12:04bad. I'm going to keep it cool though.
- 12:06Yeah. Yeah, so but that's that's crypto
- 12:08Twitter bro. Like it's just like you can
- 12:10just say things on the internet. Like
- 12:12you can just make up anything about
- 12:14anyone
- 12:15>> it's very Black Mirror ask like people
- 12:16will always air to the side of like
- 12:19what's going to engage the most with
- 12:21with the audience what's going to farm
- 12:23the most likes the most engagement it's
- 12:24this dopamine [ __ ] thing that you see
- 12:26like
- 12:27You know, have you ever seen it like an
- 12:28average person like a mom or dad like go
- 12:31slightly viral on the internet? Have you
- 12:33ever seen that happen? Yeah, oh yeah.
- 12:35And the way they react
- 12:37the way they react to it is always the
- 12:38same and it's very odd. It is very Black
- 12:41Mirror ask you'll see them almost like
- 12:44get a little bit manic about it. They'll
- 12:45start tweeting more and they'll start
- 12:47[ __ ] you know what I mean it's it's
- 12:48it's really weird. It
- 12:50Trying to hold on to sand, you know what
- 12:52I mean? Like it's like it's fleeting you
- 12:54get your 15 minutes and you know to stay
- 12:56relevant for as long as Z has you know
- 12:58there's there's more there than it is
- 13:00meme coins and stuff but the you know
- 13:02crypto Twitter is
- 13:04I think Twitter's probably the most
- 13:05toxic of the social media platforms. I
- 13:08mean without a question yeah.
- 13:09>> And then you combine that with crypto
- 13:11it's just like
- 13:12>> We've created this [ __ ] And now we're
- 13:14stacking AI on top of it. We're stacking
- 13:16AI on top of it too. It's it's a [ __ ]
- 13:17it's insane. It's my cesspool so I don't
- 13:20give a [ __ ] man. Like I'm [ __ ] I'm
- 13:22out of the sewer from here anyways. I'm
- 13:23not leaving.
- 13:25>> [laughter]
- 13:25>> Yeah, same way bro. I know you talked a
- 13:28little bit about how when you first
- 13:30started on on Crypto Twitter, there was
- 13:32a lot I felt a lot more of a focus on
- 13:34like TA and charts and all that. I feel
- 13:36like when I started, which I started in
- 13:38crypto around like 2017,
- 13:41um is when I hopped on CT. But I feel
- 13:42like back then the like general vibe on
- 13:46like crypto and Crypto Twitter was a lot
- 13:48more positive than it is now. I mean, it
- 13:51was like even the people who had no idea
- 13:54about any thing they were like, "Yeah, I
- 13:55know I don't know anything about
- 13:56anything. Who How can I learn? Who do I
- 13:58learn Like what do I What do I look at?"
- 14:00Um and everybody was like very free with
- 14:03sharing information, sharing their
- 14:05ideas, and it didn't really matter as
- 14:07much if you were wrong on stuff. Cuz I
- 14:08know there were There were so many coins
- 14:10back then that people were wrong on and
- 14:12went to [ __ ] zero. Like the first
- 14:14altcoin I bought was Digibyte and some
- 14:16some other random [ __ ] like Patient
- 14:17Portal. Some other [ __ ] Digibyte sounds
- 14:19like it's going to zero. Digibyte, bro.
- 14:21Digibyte on Digibyte on Bittrex was the
- 14:23first altcoin I ever bought. Um but I
- 14:25feel like now the general sentiment on
- 14:27Crypto Twitter is a lot more negative
- 14:30and I kind of do take some of the
- 14:31responsibility for that. I feel like a
- 14:33lot of the meme coin stuff like, yeah, I
- 14:34knew that Solana was going to do well
- 14:36and because I knew Solana was going to
- 14:38do well, that there was going to be
- 14:39things on chain that did well. Given
- 14:41Doge did what the [ __ ] 80 billion the
- 14:44cycle before, I know there's going to be
- 14:45some meme coins that do well. But it's
- 14:46like just generally I feel like meme
- 14:48coins did detract from the general just
- 14:51like I don't know. It might have lowered
- 14:53the IQ of CT cuz people were just like
- 14:56>> I think it's fair to say also misery
- 14:57misery loves company and like we said
- 14:59like the stock market has outperformed
- 15:01crypto over the last 2 years. Crypto
- 15:03hasn't been
- 15:04on
- 15:04>> Yeah. Yeah, for sure. Exactly like the
- 15:06most fun place to be. You know, people
- 15:07We also became a little more mainstream,
- 15:09too, right? And there's more There's
- 15:11more people who felt like CT was a
- 15:13community back in the day. Like it felt
- 15:15like we were the homies. It's like,
- 15:17"Okay, I'm going to go and I know this
- 15:19guy posts good stuff and I'm going to do
- 15:20my research." Like, yeah, there was
- 15:22scamming going on and [ __ ] but it
- 15:23wasn't like
- 15:25everything got institutionalized. Even
- 15:26the grifting got institutionalized.
- 15:28Like, you have VCs, right, who are
- 15:30effectively like ICO shillers like from
- 15:33back in the day. Like, they're going to
- 15:34scam you on this meme coin that they
- 15:36have a better entry on than you and
- 15:37they're just going to sell it to
- 15:38oblivion, but now they're doing it in a
- 15:40suit behind the name of a fund. And um
- 15:43I think um
- 15:45that part changed. I miss it, dude,
- 15:47because I used to learn a lot on
- 15:49Twitter. Where now I'm just kind of like
- 15:52I post and I don't really look at anyone
- 15:54else's [ __ ] to be honest with you,
- 15:55which is a little bit sad. And I don't
- 15:57even post like I used to do. I used to
- 15:59do like infographics and I'd do all this
- 16:00like
- 16:01>> I do that stuff on YouTube now cuz the
- 16:03YouTube audience, dude, we love these
- 16:05videos. Please don't stop. Like, a 100%
- 16:07like to dislike ratio.
- 16:09>> you fix it? Meanwhile, on Twitter I post
- 16:11something, they're just like, "You're
- 16:12[ __ ] bald, ugly, gay." I'm like,
- 16:14"What?"
- 16:14>> [laughter]
- 16:16>> "Oh, dude, you posted this trade 6
- 16:18months ago and I lost my ass on it."
- 16:20Like, "Fuck you, I'm going to kill you."
- 16:21It's like, "Whoa, dude." So, it's just
- 16:24it's just lost a bit of that. It's
- 16:25unfortunate. I don't know how we get
- 16:27back or if it's possible, but I I I
- 16:29agree it was different, it was better.
- 16:32And um I think a lot of the people, you
- 16:35know, like we're also to blame. Not you
- 16:37and me necessarily as much as we're part
- 16:39of it, but like we got the culture
- 16:41became more like you're only as good as
- 16:43your last trade. Yeah. This guy was
- 16:45bearish and it went up, let's [ __ ]
- 16:47nuke this guy. It's like awesome dude
- 16:49awesome dude who's contributed like a
- 16:50lot of great stuff to the site and he
- 16:53was short Bitcoin, God forbid, and it
- 16:55went [laughter] up. It's like, "Oh, this
- 16:56guy sucks." The average person also is
- 16:58really quick to forget like who aided
- 17:00them and helped them in in a good trade
- 17:02or making you know
- 17:04I'm not. No,
- 17:05neither am I, but the average person's
- 17:06like hits a good trade, they're a
- 17:08[ __ ] genius and they miss it they
- 17:10miss a trade and
- 17:11it's all your fault. Bro, I have anytime
- 17:14someone talks [ __ ] to me, the first
- 17:15thing I do is I click on our DMs, and I
- 17:18just see if they've been in my DMs
- 17:20groveling, asking me for stuff, if I've
- 17:22helped And sometimes it's like, "Dude, I
- 17:24have a 50 back-and-forth DM with you
- 17:26where you're asking me what an order
- 17:27block is." Yeah. I got a half million
- 17:29followers, and I answered you, and I
- 17:31took the time to do [laughter] it. And
- 17:32now I post something you don't like, and
- 17:34you're yelling at me. It just doesn't
- 17:35make any sense, but it is unfortunate,
- 17:38and I do think like other platforms,
- 17:40there's a little bit more of like a
- 17:42Like, bro, if you don't like it, like,
- 17:44[ __ ] don't follow. But Twitter,
- 17:46anyone can say anything, right? Anyone
- 17:47can have a voice. Whereas like the
- 17:49comment section on YouTube doesn't
- 17:50really work the same way. You know what
- 17:51I mean? Yeah.
- 17:54No, it's it's interesting. I mean, I'm
- 17:55I'm grateful for it, but I I learned a
- 17:56lot from you. I learned a lot from the
- 17:58other people on on CT in the early days.
- 18:00That's honestly how I taught myself how
- 18:01to trade. So, I feel like we just kind
- 18:03of have to brute force it. Like, I feel
- 18:04like if you are just putting out good
- 18:06Like you do, you put out great content
- 18:08consistently all the time. The people
- 18:10who have a ton of followers are pretty
- 18:12consistent and and transparent with like
- 18:14the information that they're putting
- 18:15out. I can't I feel like it'll shift
- 18:16back towards that direction. At least I
- 18:18hope so.
- 18:19>> I think I think what what Banksy said is
- 18:21super accurate, too. It's like we we
- 18:22kind of been like the ugly stepchild for
- 18:25a minute now. Like a year, basically,
- 18:27we've been getting [ __ ] kicked by
- 18:29everything, bro.
- 18:30Everything is kicking our ass, man. It's
- 18:32really sad. But that's why I think
- 18:34content like this, what you're doing,
- 18:35man, what we're trying to do, I think
- 18:36it's so important. You guys know I'm no
- 18:39I'm no stranger to like the sentiment or
- 18:42trying to push this narrative agenda of
- 18:43more people creating content in this
- 18:45type of format. Um I've pilled both of
- 18:48you guys separately on doing more [ __ ]
- 18:50like this several different times over
- 18:52the course of of me and you guys. I feel
- 18:53like I have such a unique like
- 18:55relationship with crypto, and even the
- 18:57way that I came
- 18:58I came along after you guys. And um what
- 19:00dragged me to kind of the center of CT
- 19:02was NFTs. And that clicked for me just
- 19:04because of my history with gaming and
- 19:06Counter-Strike skins and like
- 19:07CryptoPunks, really like the history of
- 19:09it. I got super pilled on it. Classic
- 19:12Gary called me, Logan Paul, [ __ ] Mr.
- 19:14Beast. You guys have all heard the story
- 19:15a million times. And I just remember
- 19:17like
- 19:18if I could sum up like that NFT meta
- 19:20wave, like that that that period of
- 19:22time, it's wagmi. Remember like it was
- 19:24just wagmi, we're all going to make it.
- 19:26And I just remember being celebrated and
- 19:28championed and like feeling super
- 19:30welcomed and embraced. And I would make
- 19:32all these like culture plays and just go
- 19:34[ __ ] ape into these mints and like
- 19:35join these discords and you know, I was
- 19:37getting my own [ __ ] little dopamine
- 19:39high off all of it, but like I don't
- 19:41know, I would never do that now. I would
- 19:43never go like go like support I'm just
- 19:45not doing [ __ ] for the culture because
- 19:47like the culture is so shitty. Someone
- 19:48like you has a unique problem and
- 19:50there's a few things. First of all, the
- 19:51wagmi thing, like I think Pump Fun is is
- 19:53partly to blame. Shout out to Elon. Was
- 19:56he number 25?
- 19:57He just [laughter] barely made it on
- 19:59there. But because Pump Fun changed the
- 20:02psychology of altcoin traders, in my
- 20:05opinion. Like altcoin traders used to
- 20:07all be Murad. Like I'm riding and dying
- 20:10for my [ __ ] coin. I'm Chainlink
- 20:12Marine. I'm XRP Marine or I'm Chainlink
- 20:14Marine. I'm an XRP Army. This is my
- 20:17[ __ ] coin. I'm I'm I'm I'm Cardano
- 20:19till I die. Whereas Pump Fun now, it's
- 20:21like, dude, what is the runner for the
- 20:23next 12 hours?
- 20:24>> Trenches, PvP, drawing charts, [ __ ] it,
- 20:27slit people's throats. That that I think
- 20:29has affected this we're all going to
- 20:31make it. It's like, no, the trenches is
- 20:33such an appropriate name. Everyone
- 20:35[ __ ] died in the trenches, bro. If
- 20:36you study the war, the trenches were the
- 20:38worst place to be, bro. Barely anyone
- 20:40[ __ ] survived. But like for you
- 20:42specifically, like cuz you're
- 20:44mainstream coming to crypto, much like,
- 20:47you know, other celebrities that we've
- 20:48had, you know, come to crypto and
- 20:50usually end up like they launch coin,
- 20:52everyone's like, [ __ ] you. Initially,
- 20:54your intentions are good. The problem
- 20:57that everyone makes, in my opinion, from
- 20:59the celeb side coming to cryptos, if you
- 21:01attach yourself to a coin, you're going
- 21:03to get [ __ ] Cuz the moment that coin
- 21:04doesn't go up, they're blaming you. Like
- 21:07that's just it's just how it is. No
- 21:09matter what you did, you could never
- 21:10sell. It does not matter. You could take
- 21:13You could [laughter] take a You could
- 21:13take a six-figure loss on it.
- 21:15>> Yeah. It's your fault, no matter what.
- 21:18Yeah, you just You should just never
- 21:19attach your name to something so
- 21:20volatile and something that you have
- 21:22such little like um
- 21:24control over, bro.
- 21:25>> Control over, yeah. You have no control
- 21:27over the price of the token, and so
- 21:28>> Trump came in Trump came in, dropped
- 21:30Trump, dropped Melania, every [ __ ]
- 21:31culture coin that entire meta got sucked
- 21:33out and and swept. Yeah, it's Yeah, it's
- 21:36what have you done for me lately? And so
- 21:37there's people say, "Well, if FaZe Banks
- 21:38talks about my bags, that's good for me.
- 21:41I'll make money. The moment my bag's not
- 21:43going up, it's his [ __ ] fault."
- 21:45>> Yeah. Yeah. Um but that's like, you
- 21:46know, part of the
- 21:48the you know, society, you know, in
- 21:50general and that's this victimhood
- 21:52mentality. No one can take
- 21:53responsibility for their own [ __ ] Like
- 21:54back in the day And a neg- And a
- 21:56negative hate farm will always be more
- 21:58liable to like bang and just the way
- 22:00engagement works on Twitter. Like
- 22:01Twitter, obviously, we've talked about
- 22:02this is is um kind of a naturally very
- 22:05place. Look at this Local guy, bro.
- 22:07Everyone's [ __ ] on this guy cuz he's
- 22:09down 30 mil. I'm like, he has the
- 22:11ability to be down 30 mil is what I'm
- 22:13thinking about, bro.
- 22:15He literally has like his a lifetime P&L
- 22:18is like 100 million or something. I'm
- 22:20like, wait, wait, we're bagging this guy
- 22:21for probably taking profit on stake
- 22:23type. He's up nine [laughter] figures.
- 22:25Yeah, but it's at all-time high and he's
- 22:27short, dude. [ __ ] this guy. It's so
- 22:29detached, too, and it really is very
- 22:31Black Mirror-esque. It's like, what kind
- 22:32of sick [ __ ] human could look at
- 22:34somebody in person to their face who
- 22:36just lost 30 million dollars and like
- 22:38laugh at them or like parade them? Like
- 22:40>> [laughter]
- 22:40>> It would never happen in real life.
- 22:42It wouldn't happen. If somebody If
- 22:43somebody told me that face to face, I'd
- 22:45[ __ ] Oh my god, are you [ __ ]
- 22:47>> same room as that guy, bro. That's what
- 22:49the beauty of Twitter is. It's like I
- 22:51try and tell these people, I'm like, you
- 22:52have the ability to tweet at
- 22:53billionaires. There's anons with
- 22:55hundreds of millions of dollars that you
- 22:57could be getting info from. Instead,
- 22:59you're [ __ ] on people cuz you're
- 23:01negative and you're just like butt hurt.
- 23:02Like that's why guys like I think Kobe,
- 23:05GCR, they don't post anymore because
- 23:07it's like what's the [ __ ] point? Oh,
- 23:09GCR said ETH was going to 10K. It's
- 23:12like, okay, maybe he's wrong on that
- 23:13call. That 90 other ones that he laid up
- 23:16for you were all bang on, but like, oh,
- 23:18he was bullish on ETH and it didn't go
- 23:20up. [ __ ] him, he's washed. Yeah.
- 23:23Yeah. What do you What do you think on
- 23:24um like markets right now? Do you have a
- 23:26a strong opinion on on crypto or like
- 23:28crypto versus stocks in general? So, I
- 23:31look at the stock market and I don't
- 23:32understand what's going on at all. I'll
- 23:34be completely [laughter] frank with you.
- 23:35Like I I shorted that move that we had
- 23:39uh a few months ago down to like 6,300
- 23:42or whatever it was on the S&P. And I
- 23:44thought I'd caught the top cuz it looked
- 23:46very similar to the prior top like in
- 23:482022. And I was like, all right, this
- 23:50finally it. Like the economy is now
- 23:52catching up or the stock market's now
- 23:54going to catch up to what the economy's
- 23:55actually doing, which is [ __ ] all. Yeah.
- 23:58>> Um and uh I did not expect this V bottom
- 24:01full reversal. I know that this is
- 24:03massively overweighted to a few
- 24:05companies and it just kind of seems like
- 24:06this incestuous [ __ ] of AI, data
- 24:09centers, and chips, and blah blah blah.
- 24:11But I've like
- 24:13as a trader, it's in an uptrend. Anytime
- 24:16there's a bullish opportunity, you just
- 24:18have to take it and you do that until
- 24:19you're wrong. And you might get five
- 24:22trades in a row right and then you long
- 24:23the top. It's like, who cares? So,
- 24:25that's kind of where I'm at with
- 24:26equities like long and strong until I'm
- 24:28proven wrong. Like there's no signs of
- 24:30this slowing down yet. Uh
- 24:32do I think that this is sustainable and
- 24:35X Y Z? No, but I'm not nearly like I'm
- 24:38smart enough to know that I'm not smart
- 24:40enough to Right. make that call. You
- 24:43know what I mean? I'm not trying to be
- 24:44Michael Berry calling the the top like
- 24:46an infinite amount of times. Like you
- 24:47hear guys like Paul Tudor Jones being
- 24:49like,
- 24:50yo, like this is the music slowing down
- 24:53whether it's stopped or not. Like we're
- 24:55in a scary place. Buffett's in more cash
- 24:57than ever before. Uh But who knows, we
- 25:00could go to 10,000 before that actual
- 25:02correction happens. Right. And then
- 25:03let's say we correct 40% we're at 6,000.
- 25:07Like we're where we are we're a month
- 25:08ago. So I don't really know. As for
- 25:11crypto, I think we're through the lion's
- 25:13share of the downside both in time and
- 25:16price.
- 25:17Um I think there's going to be a bottom
- 25:20sometime Q3 Q4 of this year assuming
- 25:23everything remains the same with a
- 25:24four-year cycle. It's just a question of
- 25:26whether or not that's a lower low to 50k
- 25:29or it's a higher low, you know, we go up
- 25:31to 90 here and that higher low is, you
- 25:33know, in the 70s. So like I want to be
- 25:36deployed in Bitcoin end of this year
- 25:38100%. Got you. Got you. Got you. Got
- 25:41you. Word. Yeah, bro. Stocks are crazy.
- 25:43>> [laughter]
- 25:43>> They just don't stop.
- 25:46Bro, I told my brother my brother's a
- 25:48dentist so he's like
- 25:49>> pop? When do when when do we go down?
- 25:52Dude, my brother's a dentist so he's
- 25:53just like money in the retirement
- 25:54account every month, right? And he's
- 25:56been playing with a little bit and he's
- 25:57watching guys on YouTube who are like
- 25:58just buy these semiconductor companies
- 26:00and I told him I was like dude this
- 26:01thing's getting overheated. He's up a
- 26:03lot on his retirement portfolio. I'm
- 26:05like take some profit. I tell him to
- 26:06take profit we rip another 30%. He's
- 26:09like what the [ __ ] dude? I'm like dude
- 26:11like I can't win. Like I don't know what
- 26:12to say like
- 26:13>> Bro, it's crazy.
- 26:14>> make any sense to me so I guess you just
- 26:16hold forever. Yeah. This is [ __ ]
- 26:18insane this this this chart that I have
- 26:21up. Oh, it's not to This is [ __ ]
- 26:23crazy.
- 26:25It's nasty.
- 26:25>> the interesting thing that's happening
- 26:27right now that is like has never been
- 26:30happening before is like how much AI is
- 26:34changing how people work and how how
- 26:37more efficient at least on a software
- 26:38side for sure the past like year or so.
- 26:40So that's like the interesting piece is
- 26:43that there are like revenues attached to
- 26:45it. Um Yeah. Honestly what I think is
- 26:48going to what I think could possibly top
- 26:51stocks in the AI trade. Can we kind of
- 26:52about it a little bit with the last um
- 26:55guest, Greg. He was saying like he
- 26:56thinks open-source AI is going to win.
- 26:58So, if you think open-source AI is going
- 27:00to win, which means like the models that
- 27:02are much cheaper for everybody to access
- 27:04are as good as the closed-source models
- 27:06that Anthropic, OpenAI are putting out,
- 27:08then it's like, "Okay, OpenAI and
- 27:09Anthropic are at like $1 trillion
- 27:12valuations." Like they're going to IPO
- 27:14They may IPO like $2 trillion. SpaceX is
- 27:16going to IPO around like 2.something
- 27:18trillion. So, like if those IPOs happen
- 27:21at the same time as like the open-source
- 27:24AI is getting really, really good, and
- 27:26China starts ramping up their
- 27:27investments on the energy side, and all
- 27:29those things are happening,
- 27:31then it's like, "Okay, are the tech
- 27:33companies as strong or are their
- 27:35revenues as durable in that situation?"
- 27:38That's kind of what I'm I like the one
- 27:40thing I could think of of like topping
- 27:42the market. Also, I think like
- 27:44how much
- 27:45um the tech companies are spending on
- 27:47like the investment in AI is also
- 27:49inflationary at the time. Like that's
- 27:50affecting other other inputs for other
- 27:52people.
- 27:53>> Sure. Um so, that's an interesting
- 27:55piece. Um
- 27:57But yeah, I don't know. I Like I said,
- 27:58it's If you're a TA trader, you don't
- 27:59really care. Like you just like it's an
- 28:01uptrend. You keep You keep ripping it.
- 28:02Just long Just long until
- 28:04>> [laughter]
- 28:05>> It is kind of crazy. I never I I would
- 28:08never have thought I would be longing in
- 28:09the S&P 500 at $7,400
- 28:12or 7,400 here, but I am. And I remember
- 28:15COVID. I remember those numbers. Didn't
- 28:17seem like that long ago. Yeah. But I
- 28:19mean, I think you're also seeing America
- 28:22kind of reindustrialize on the fly and
- 28:25become this AI superpower
- 28:27um cuz they have to. Cuz otherwise
- 28:30Yeah, you have you have no other choice.
- 28:32China wins. And I'm
- 28:35as a Canadian, bro, like
- 28:37I'm still up into the right on America.
- 28:39Like I know a lot of people are like,
- 28:41"It's the fall of the American empire."
- 28:43It's like, you know, the fall of ancient
- 28:44Rome. I'm like, you know, the fall of
- 28:45the Rome took like 200 years. Like you
- 28:48know what I mean? Like even if America's
- 28:49done and topped, like you're going to be
- 28:51dead before it even matters. So I'm
- 28:54still bullish on America and I'm bullish
- 28:56on the most bullish chart of all time,
- 28:59which is the S&P 500 to just go up into
- 29:01the right over my lifetime. And like
- 29:04what else do you do?
- 29:06Yeah.
- 29:07Um you talked a little about Canada
- 29:09versus the US. Have you been watching
- 29:11any of the uh the NHL playoffs? Of
- 29:13course, man. I I We got one team left.
- 29:16You know a Canadian team has not won the
- 29:18Stanley Cup since 1993. Wait, for real?
- 29:21[laughter] Since 1993? 1993. Wait, isn't
- 29:24it isn't it like half and half on um
- 29:27on like US teams versus Canadian teams
- 29:29or how how does it
- 29:30>> But But it's like it's like basketball.
- 29:31Like you know back in the day the
- 29:32Celtics and Lakers won all the chips.
- 29:35Like back in the day the Montreal
- 29:36Canadiens won all the [ __ ] Stanley
- 29:38Cups. So the Montreal Canadiens, which
- 29:39are the last team still in for Canada,
- 29:43they last won a cup 1993. That's the
- 29:45last Canadian team. Vancouver went to
- 29:47the final in '94, lost, we rioted.
- 29:51Uh Calgary Edmonton went to the final in
- 29:532006, Vancouver in 2011, we lost, we
- 29:56rioted.
- 29:58And uh then Edmonton lost the last 2
- 30:00years to [ __ ] Florida, bro. Like
- 30:02imagine losing to a place where it don't
- 30:03even snow. Wait, they lost Wait, they
- 30:05lost back-to-back to Florida? To Florida
- 30:08back-to-back, yeah.
- 30:08>> a Florida's hockey team?
- 30:11Florida [snorts] has two hockey teams,
- 30:12bro. Tampa Bay [laughter] and and my
- 30:14Tampa Bay Lightning. I did not Tampa Bay
- 30:16Lightning. Yeah.
- 30:16>> Yeah, and the Florida Panthers out of
- 30:17Fort Lauderdale. But yeah, so I'm I'm
- 30:19cheering for the Canadians, bro, cuz you
- 30:22know
- 30:23>> Please.
- 30:24Yeah, we got we got the poly market
- 30:25>> L's, dude. We've been taking L's. We
- 30:27lost the World Series. Yeah. We're
- 30:29losing in the NHL. Yeah. We lost the
- 30:32gold medal game in hockey.
- 30:34We're not the 51st state. Like all the
- 30:36boomers won't allow it.
- 30:38>> That that game. Nasty team, bro. But
- 30:40yeah, I'm on Montreal. I'm on Montreal
- 30:42heavy. Carolina is a better team, uh but
- 30:45Montreal is scrappy.
- 30:46We got They actually play They play
- 30:48tonight, right? We got the Yeah, they
- 30:49play it They play I think in 2 hours or
- 30:51something like that. So, we're going to
- 30:52ride with Maine and trade Montreal,
- 30:54yeah? Eat Montreal. This is good value.
- 30:57And the again, my favorite part about
- 30:59Poly Market is the market part of it.
- 31:01So, like I bet on the Spurs early on in
- 31:03the playoffs cuz everyone had OKC
- 31:06winning. When the Spurs went up 1-0 in
- 31:09the Western Conference Final, I cashed
- 31:11out some of my position.
- 31:13So, even though I the Spurs to win the
- 31:15championship, I'm able to make money
- 31:17because I'm basically in profit on that
- 31:19trade.
- 31:19>> pull out.
- 31:21Can we talk to the people about
- 31:22>> that, too. We have the same one. We took
- 31:24So, we took the Spurs to win because
- 31:27when Tristan was on, he was like, "Yo,
- 31:28it's either going to be the Spurs or
- 31:30it's going to be OKC. It's not going to
- 31:32be the East. It's going to be one of
- 31:33those two." So, we actually also have
- 31:35the Spurs
- 31:37>> from 17. Yeah, your your
- 31:39>> We're in the Spurs from 22% and now it's
- 31:41at 31%. Bro, let's just ride with Wemby,
- 31:44bro.
- 31:44>> Yeah, I was about to say, so we just
- 31:46added So, we double down? He's a free.
- 31:48>> they lost last night, bro, and he had an
- 31:50off game.
- 31:52Yeah, I mean, he's he's been playing out
- 31:54of his mind. He's playing like he has a
- 31:55chip on his shoulder, too, though. Like
- 31:57he's he's actually mad.
- 31:58>> about him and Chet Holmgren?
- 32:00No, what No, what is it? So, they played
- 32:02in like a U18 kind of like international
- 32:04tournament, and Wemby like both
- 32:077-footers, you know, plus, so they get
- 32:09compared. Wemby fouled out of the
- 32:12championship game that they lost to
- 32:13America,
- 32:15and Chet won the MVP with like 11
- 32:17points. Meanwhile, Wemby fouled out with
- 32:19like 25, 10, and 10 kind of thing. And
- 32:23you can just see him. He's been angry.
- 32:24And so, you know, Chet's won the chip
- 32:26last year. Everyone's hyping him up.
- 32:28Wemby was like training with Shaolin
- 32:30monks.
- 32:31>> [laughter]
- 32:31>> Going all sorts of crazy [ __ ] bro. Like
- 32:34I don't know. I like Wemby be I think
- 32:35could be a freak. really crazy. I've
- 32:37seen some crazy takes like best
- 32:38basketball player of all time and
- 32:40[ __ ] Let's let's not disrespect my
- 32:42goat LeBron LeBron remain LeBron James
- 32:44here, but
- 32:46he's up there. I think he could be an
- 32:47all-time great and which is crazy to say
- 32:49about a guy who's 20.
- 32:50Yeah.
- 32:51Yeah.
- 32:52It's been a great It's been a I think
- 32:54it's
- 32:54a great a great series honestly.
- 32:56>> your Knicks, bro?
- 32:58Bro, I'm I'm Sixers, bro. Why does
- 32:59everybody
- 33:00Why does everybody think that? I think
- 33:01they live in New York.
- 33:04Rem New York [ __ ] That game was [ __ ]
- 33:05insane by the way. That was
- 33:08Wow. unbelievable comeback and it was
- 33:10basically just Brunson cooking James
- 33:12Harden one-on-one for 10 minutes
- 33:13straight. Yeah, I think I think they're
- 33:15going to take James Harden was CEO
- 33:17Polymarket was courtside and I was like
- 33:18in real time swiping up and he [ __ ]
- 33:21that was probably that had to have been
- 33:23one of the best games to So you know you
- 33:25know Chiefing's right Z, so we
- 33:28we would be at
- 33:30on from Twitter uh Yeah. Yeah, so we
- 33:33would be at a Miami Heat games.
- 33:35And um
- 33:37on Polymarket, right? And the Heat are
- 33:38down and we're like [ __ ] now's the
- 33:40time to ape. Like that's when it's the
- 33:41most fun, you know what I mean? Like the
- 33:42game's happening. The other team goes on
- 33:44a 10-0 run, you're like okay, I'm
- 33:45betting now. Yeah. I I do think it's the
- 33:48advantage of
- 33:49like Polymarket versus the traditional
- 33:52ways to to trade it because you can get
- 33:54in and out of positions a lot easier
- 33:56live. Like that is the one the one
- 33:57differentiator which I think is cool. We
- 33:59talked We talked about a phase deal with
- 34:01Polymarket a year and a half ago with
- 34:03the guys and one of the concepts running
- 34:05concepts that I had was um live trading
- 34:06courtside.
- 34:08Yeah, I got I saw you with a good good
- 34:10It's like a laptop yeah.
- 34:11It's also just like viral content.
- 34:14>> I'm down to start that idea again.
- 34:16>> [laughter]
- 34:17>> With these with these three guys right
- 34:18here. Just let me know where to go.
- 34:20Let's go. Shane, get us get us tickets
- 34:21courtside. We'll sit down with laptops
- 34:23and trade on Polymarket.
- 34:24>> What's the new house called? [ __ ] 'em.
- 34:26Whatever they're called.
- 34:27>> [laughter]
- 34:29>> We'll also too we'll [ __ ] we'll [ __ ]
- 34:31rig it and and take both sides.
- 34:33So we [laughter] win no matter
- 34:34See, this guy's a natural for CT, man.
- 34:37You long and short and then you only
- 34:38post a winner. Exactly.
- 34:40Exactly. That's CT 101, man.
- 34:44But like you I know you were
- 34:46we we talked about like the the growth
- 34:48of CT a lot.
- 34:49I know you started on on CT as like a
- 34:52trader, but also now you're a builder as
- 34:53well. I know you're a founder.
- 34:55Can you talk a little bit like what
- 34:57you're the your business Breakout how
- 34:59that's been doing trading and building
- 35:01and like your insights there. I know you
- 35:03work Kraken, right?
- 35:05Yeah, Kraken acquired us in September.
- 35:09And dude, honestly so much more fun
- 35:13>> [laughter]
- 35:13>> Really? than trading or at least trading
- 35:15lately, I guess. I used to find trading
- 35:20very exciting cuz I was learning. There
- 35:22was a lot going on. I felt like we're in
- 35:24this cool new space that was growing. I
- 35:26feel like lately my trading's very
- 35:28boring. I don't know if you get that
- 35:29vibe, but like
- 35:30I'm my the trades that I take that do
- 35:32well are not like exciting crazy sexy
- 35:35trades. It's like it's just like bread
- 35:36and butter. Like this is what's going to
- 35:38happen. I took like a trade on hype last
- 35:41week. I'm like, "Hey, this is my bread
- 35:42butter setup. Take the trade." Yeah.
- 35:44>> Obviously it's nice when it works out,
- 35:45but good trading like legit trading is
- 35:48quite boring. It's systematic. It's
- 35:49process oriented.
- 35:51And after you do it for so many years,
- 35:53you kind of lose the luster a little
- 35:55bit. You know what I mean? And I used to
- 35:58trade a lot more. Now I'm much more high
- 36:00time frame, way less assets.
- 36:03And so when the opportunity came for
- 36:05Breakout, you know, I approached my
- 36:07business partner Alex who you know.
- 36:10And
- 36:11I saw this proliferation of prop firms
- 36:14going on.
- 36:15And
- 36:16it to me was like, "Hey, this is a tool
- 36:18that exists for traders that should
- 36:20exist for crypto." It was as simple as
- 36:21that. This is not like reinventing the
- 36:23wheel. It's like bringing this wheel
- 36:24over to our industry.
- 36:26So we launched it and we kind of
- 36:28couldn't have timed it better. I mean,
- 36:29we launched the business when Bitcoin
- 36:31was at 25,000
- 36:32and we sold it when it hit 125,000.
- 36:36So, uh, we kind of caught the entire
- 36:38bull run,
- 36:40uh, and uh, all the things in between.
- 36:42And it's just like a different
- 36:44experience. I know you're dealing with
- 36:45Bull Pen Five, like it's just having
- 36:47employees, having
- 36:49like your day is not determined is not
- 36:51driven by your P&L. You know what I
- 36:53mean? Like it's just different things
- 36:55are motivating you, different
- 36:56challenges, different problems, getting
- 36:58to work with awesome people, like I, you
- 37:00know, Crypto Cred, Abe Trade, like my
- 37:02whole founding team is cracked. They're
- 37:03all awesome people. They're my friends.
- 37:06And, um,
- 37:07it was just sick. I mean, getting
- 37:09acquired by Kraken, it's funny. I wrote
- 37:10down in my little diary, my little gay
- 37:12journal,
- 37:13uh, that, uh, I'm going to sell this
- 37:15business to a centralized exchange cuz
- 37:16I'm like, this is the perfect add-on
- 37:18business for a centralized exchange. You
- 37:20have spot, perps, options, prop. Um, and
- 37:25it just kind of worked out that way. Uh,
- 37:27you know, shout out to the Alchemist, my
- 37:28boy, uh, for helping me get that
- 37:30connection with Kraken. And, you know,
- 37:32we went there, we pitched, and like they
- 37:34offered to buy the company like same
- 37:35day, basically. It was crazy. Um,
- 37:38but we're still involved. That's what I
- 37:39like about it, too, right? Is they
- 37:40didn't want to change what we were doing
- 37:41and be like, "Hey, now we own this.
- 37:43We're going to blow it up and make it
- 37:44ours." Like we're still Break Out. I'm
- 37:46still working on the business every day.
- 37:48We just launched our new terminal. We
- 37:49got some other really exciting stuff I
- 37:51can't leak quite yet that we're going to
- 37:52be coming with, uh, you know, in the
- 37:54next couple of weeks here. And it's just
- 37:56been a fun new challenge. And the idea
- 37:58that this came from me making a random
- 38:00Twitter account, like all the stuff
- 38:02that's happened since then, and the
- 38:03ultimate thing being like, I sold a
- 38:05company for like a crazy sum of money
- 38:07to, uh, soon-to-be publicly traded
- 38:09company is fully nuts.
- 38:11>> Sick. Brother, you deserve it. If if
- 38:13there's anybody that I've met in CT and
- 38:15through this whole experience that I
- 38:16feel like deserves it, it's you. You put
- 38:18in the time, you put in the effort,
- 38:19you're [ __ ] You provided a ton of
- 38:21value, and you're a great guy. Thank
- 38:23you, bro. I appreciate that. All right.
- 38:26Appreciate you coming on. I I feel like
- 38:27this needs to be a regular occurrence,
- 38:29right? Anytime, man. I'd love to come on
- 38:31here and chop up some charts sometime.
- 38:32Next time you got me many guests heavy,
- 38:34we could do like a chart chart half hour
- 38:36or some. Just rip through the big ones.
- 38:38That'd be fun.
- 38:39>> I'm going to tell you last time I hopped
- 38:41in hopped in you guys' head I'll tell
- 38:43you guys to buy Zcash. [laughter]
- 38:45Dude, so you know you know you know a
- 38:48guest, real quick before I go, a guest
- 38:50I'm going to get you guys on here. I
- 38:52have a friend. This is my Indian quant,
- 38:54okay? And I say this with the utmost
- 38:56level of respect. This is one of This is
- 38:59one of those guys who's on has been on
- 39:01every leaderboard and on. Like you don't
- 39:03know who you're like who's this guy? Uh
- 39:06ungodly sums of money. Yeah. FTX, every
- 39:09every trading, every exchange, every
- 39:12trading like he's
- 39:13on the leaderboard, okay? This guy's
- 39:15like Solana from pennies.
- 39:18He's
- 39:19god tier behind the scenes and he's
- 39:21cooking up something cool that I think
- 39:22when it goes live, it will be very
- 39:24interesting to talk about. The company's
- 39:25called Rails if you want to look into it
- 39:26already, but when it's ready with the
- 39:28next thing that they're doing, he would
- 39:31be a very fun person to interview cuz
- 39:32he's first of all he's like a god tier
- 39:34GCR level trader in my opinion. Like
- 39:36he'll just message me, he'll be like
- 39:38Zcash. That's it. And it's at like a
- 39:40hundred. And I'm like what like what do
- 39:42you mean? Like where where where are you
- 39:44wrong? Stop sizing. And he's like I
- 39:46bought like a gross eight-figure amount.
- 39:50And like it triples. I'm like it must be
- 39:52topping here. He's like doubling down.
- 39:54>> [laughter]
- 39:55>> And it's like closing here. It's like
- 39:57the peak of tops. So he would be a fun
- 39:58guy to chat to cuz he's a killer on the
- 40:00trading side. And he's doing some really
- 40:02cool stuff on the infrastructure side
- 40:04behind a lot of the companies you see in
- 40:07TradFi coming to crypto. He's building
- 40:09literally the rails for these companies
- 40:11to work with crypto now. He would be
- 40:13super fun to talk to.
- 40:14Fire. No, definitely want to have him
- 40:16on. He sounds like a sounds like a chad.
- 40:17There's so many of those like low-key
- 40:19people that you would never know and are
- 40:20just like crushing it like out of
- 40:22nowhere.
- 40:24Bro,
- 40:25Bro, I like I met this guy in person and
- 40:27like I'm just like like
- 40:30Like no way.
- 40:31>> What? He's like, "Dude, I'm a big fan of
- 40:32you." I was like, "Dude, I'm a fan of
- 40:34you. Like what are you talking
- 40:35[laughter] about? Like what's your
- 40:36Twitter?" He's like, "I don't have one."
- 40:39He's got like an egg Twitter with three
- 40:40followers on there and he follows like
- 40:42me, you, and like Flood. Like it's just
- 40:44like
- 40:45It's insane, dude. It's insane. But
- 40:47gigachad, there's so many. So be nicer
- 40:49to people on Twitter. You never know who
- 40:50has nine figures and could be, you know,
- 40:53giving you some actual good intel. It's
- 40:55true. It's It's definitely true, bro.
- 40:58It's true.
- 40:58>> of advice. But yo, um man, yeah, we have
- 41:01We talked a little bit about I mentioned
- 41:03Bull Pen. We're actually doing a
- 41:04competition around trading comp. I don't
- 41:06know if you have like how much free time
- 41:07you have. Um but would love to have you
- 41:09involved with it. Um I'm doing it.
- 41:12Um yeah, we just started it today, but
- 41:14you can still We're still have a open
- 41:16open uh You can still join.
- 41:18Um
- 41:19yeah, bro, I'd love to have you on if
- 41:20you if you want to hop in. Is it one of
- 41:22those ones where I join and I take zero
- 41:24trades and I end up winning cuz everyone
- 41:26[laughter] blows up? No, I'm I'm not
- 41:28going to be negative, so you're not
- 41:30going to win if I'm if I'm in it. Let's
- 41:32go. [laughter] Okay, I'll finish I got
- 41:34to finish top six. I got to do my rank
- 41:36well. Okay, cool. Cool, cool, cool. Oh,
- 41:38yeah.
- 41:40Wired. I'm winning or coming in dead
- 41:42last. I'm going to keep it a buck. Yeah,
- 41:44Benxis also winning.
- 41:45Bro, it's the only way to do it. It's
- 41:47the only way to do it. Oh, the prize
- 41:49pool is 100 Gs, bro. Yeah, exactly. 100
- 41:52Gs.
- 41:52It's some money. It's some money. I
- 41:54always have fight people like, "I don't
- 41:55want to do these trading competitions."
- 41:56It's like, "Well, like dude, it's like
- 41:58these are those things It's like
- 41:59airdrops, bro. It's like it's money on
- 42:00the floor. You can get lucky, hit one
- 42:02trade, and end up winning this thing."
- 42:04Exactly.
- 42:05Exactly.
- 42:06>> That's what I'm banking on, baby.
- 42:07>> [laughter]
- 42:08>> Hell yeah. Let's see. Let's see.
- 42:11Well, cool, man. Um yeah, appreciate you
- 42:14coming on. Definitely want to have you
- 42:15on again. Anytime, boys.
- 42:17>> We got to link up soon, bro. I We still
- 42:19need to hit a hockey game. We need to go
- 42:20to a hockey game. I know we say it like
- 42:22multiple times, but we need to go to
- 42:24one. How many How many games are in the
- 42:25Montreal series left? Are they
- 42:27>> It's best of seven. First game's
- 42:29tonight. That would be a fun game to go
- 42:32to
- 42:33if Paul [clears throat] Maurice wanted
- 42:33to get us some tickets or something.
- 42:35You know, that would be a sick [ __ ]
- 42:37game to
- 42:38>> game seven? Where is game seven? Let's
- 42:39get one of the It'll be in
- 42:41It'll be in Carolina, but a game in
- 42:43Montreal's barn, like in their arena,
- 42:45will be absolutely nuts. The French
- 42:47Canadians are insane, bro.
- 42:50Bro, we need to do that. That would be
- 42:51That would be live. That would actually
- 42:53be sick. Is there Is there a game Is
- 42:55there a game Is there a game by chance
- 42:57on a Thursday? It'd be kind of sick if
- 42:59we did a [ __ ] live show with Maine on
- 43:01There definitely There probably is game
- 43:04three or four next Thursday. I wouldn't
- 43:06be surprised in Montreal.
- 43:08>> That'd be crazy.
- 43:10We'll see if [ __ ] lines up. I I wouldn't
- 43:11be opposed to it. It'd be cool. I'll
- 43:13catch a flight. You let me know.
- 43:15Cool.
- 43:16All right, fellas. Appreciate the time,
- 43:17y'all. Man, you're the goat, brother.
- 43:19Later, brother. Later. The six.
- 43:22Love.
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