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Episode 772 · Transcript
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There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment. We have a second ego on this. Is that kind of FOMO? There we go. United States of America representatives.
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What the hell I'm live I'm live Let's fucking go Woo, welcome. Welcome. Welcome to the breakdown episode 772 That's gonna be hard to say Actually Gonna be really hard to say that episode 772. That's right. We are live
We are also sponsored by Midnight midnight is the title sponsor for the breakdown also poly market poly market the future prediction market sponsor of Oh The breakdown We shall go ahead and visit poly market
USA today to go ahead and look at what is happening in the political world like we did yesterday also cake wallet cake wallet is One of the most dominating wallets that we have in this space Talked about a yesterday cupcake. You can get cupcake relax a lot of you guys will think that's food but cupcake onto a fully factory reset iPhone
Download cupcake Maybe secure your asses that way with everything that's happening child to cake wallet also FOMO Everybody wants to go on FOMO. Everybody wants to watch me. Yes, indeed. They want to watch me the most electrified man trade Cryptocurrency memes. They want to watch me write a thesis on a meme go to FOMO dot family That's right. Whoo fired up
fired up let's bring in the puppet 12 at 115 We have parianne boring coming on On the still on the board still with digital chamber We're gonna talk about the clarity act We'll talk about the SEC and the new rules and guidelines that they put in we'll bring in the expert
Okay, we're gonna bring in the ex experts to go ahead and break it down Okay, I'm here to ask questions and sit back two ears one mouth Good morning, Landy Good morning, David. It's a great morning indeed great morning not to have you on the show That's right. Whoo. You didn't think I caught you cheating on me with different networks
After everything I gave you blood sweat and tears blood sweat and tears Landy you cheated on me Well, you can tune into Landy Tonight with the market update. Thanks for stopping by Landy
Always love to see you come by So sad that you had to go How's it bring Landy? Hey, what's up Landy? Hey, mostly tears by the way But yeah, it's good to see you. You're looking good. I like the suit Compliment sandwich. I was right The more luxury suits like I got obviously I got a ton of blue and blacks. I was like, you know what?
Let me just switch it up on you motherfuckers Looks good. I know it looks good. Anything looks good on me. Don't shit looks good on me Wow, it's like it's like the crown looks really good on me because I am the king of Technical analysis and it's good. It's good that That you have the pleasure and the privilege to bring on the king of TA the master of charts This is why I wish you would have called this, you know other people called this and you know other people
Which other people I'm I just don't want to name them because it's not on the network But unfortunately our network didn't call this What did I tell you above 65 we're looking at a half and anywhere above there we're looking 68 to 70 What did we just hit? 68 wicked up to 69 70 still in place 70 to 72 is the main overhead resistance for Bitcoin got a beautiful pump on Ethereum Majors are going and what did I tell you if we break out of this this consolidation or compression to the upside
We're gonna see a lot of excitement and we're probably gonna see majors rip to the upside. What have we seen? Yes? Yes, this has played out Exactly as described. So I'll tell you what catalyst was it was really Rex Rex Rex Liberty yes the icon Rex Liberty yes 100% agree with you. He did such a great job taking over the hosting duties the other day Yes, and he was
You know, he was the catalyst. I agree still working was still working on bringing him on here to do TA That's tough. That's tough. He's tough to get It's tough. I'm battling another network I've got a meme for that by the way, oh man Listen, it feels obviously it feels good that the markets are Are, you know moving upwards. I'm not I'm
I'm not getting excited I'm just saying like it's an exciting time for those who have held their bags and positions and you see green and it's nice It's just it's nice to see activity Besides the choppiness that we've watched it's nice to see activity but I'm not Respectfully, I'm not gonna be here with you know, maybe 10 years ago
Like I'd be really 10 plus years ago excited. Oh, yeah, like this Not yet. Yeah We know what we know how this can play out Yes, it's a very nice move in the markets right to the primary overhead resistance that got front-run the last time Like the 68 to 70 area is one of the key areas overhead and it kept getting front-run in the 67 region for Bitcoin You can draw analogous regions for Ethereum and Solana and all the rest now finally going back and retesting some of those areas
Now it's it's about do we continue to push further and when we do correct From here or higher. Where do we see support come back in? That's gonna tell us a lot about kind of where we are in the market and kind of where we are looking forward to potentially You know where what what it looks like for the macro low to start forming whether it be here or lower
And in this case, you know, I'm still on the 30 percent that it can form here There's nothing saying that it can't for many of the majors but Still about 70 percent in the camp that we see another larger move down In in the markets, but it's nice to have a A pump. It's nice to see green days. It's nice to be out of the stupid range that we've been in for all the majors for crypto
Um a little bit of excitement on the timeline Nice bounce in traditional markets after a little bit of a pullback uh early this week. So look I I say enjoy it and you are 100 percent correct to kind of Check your expectations there. I know we'll talk about the subject
Some random shizzle unchained Guy comes in and he says in this from the tiktok side you guys a lot of you guys can't see the chats because tiktok is still not Integrated well, you guys can't see Basically, you can't even see the you guys can't even see when youtubers are chatting or kick Tiktok right now. There's a guy who comes in and goes you got to stop having undoxed people on your show Thank you producer. I didn't
I didn't know that you're producing the show I also didn't know you were working for goxine pr.com And you're my agent And I also didn't you must have missed Listen, we we have the puppet on on ruddery puppet on here But we have had plenty of people who are not docks bitch
anyway And maybe you should have listened to a goddamn puppet You would have listened to a goddamn puppet. You wouldn't be going to the Salvation Army for clothing You feel me Word anyway, sorry puppet 30% chance still
Because I'm thinking that it can form you should kind of adjust this number now with the way the market's looking Maybe the an adjustment needs to happen here SEC comes out with their rules now happy as hell Okay Everybody was happy as hell on that I'm I know good news is bad news kind of thing. Well as as perion is likely going to
um discuss with you You know, nothing is codified right in and right now This is proposals that are going to be open for comment out of the sec And you're going to see this come from the cftc as well um And I think it's a positive direction. I think it will set the tone for
um for the markets and the way in which we operate here um And lend some legitimacy To to you I honestly think and I think I said this to you and dms. I think um What we're likely going to see and maybe I didn't say this to you. I'll say it here though What we'll likely see is a lot more
uh projects That wouldn't Register actually register because they kind of be yeah, they say you don't have to register Well, no, no, it's it's uh the five million Um, you still don't have to register You know, it's under it's under five million and 75 million
But that makes it easier to get any larger projects you're going to have to register business Well, if you get any larger projects are raised is uh with If you're going to be raising more than that you will have to register, right? That's that's kind of where we're at with the way that the uh, the proposal is um interpreted right now And you know, I think it's a good thing
To me, oh, I don't know why go go ahead. I don't know why this keeps breaking up As soon as you come on I saw breaking up, man Oh, I was just gonna say like I I think this is a positive direction, but You know, I without it being codified I think this is a move that that will likely try to push congress because as you start getting um
Registrants because you will see registrants because it lends credibility at this point. Hey, we we have registered with the sec We are credible And therefore, you know trust factor goes up, right? um Versus having a bunch of unregistered unregulated stuff and that and there was a big fear of actually registering with the sec That you could be potentially nixed by them. So I think that this is going to be um
A positive move going forward, but again, there's there's going to be lag time like after the proposal I don't know when comments are opening, but it should be fairly soon um And and then we'll we'll kind of see what happens from there But that's 60 days that puts us in a q4 time frame for anything actionable coming out of it And we still have to see the cftc. I think they're the 20th, right?
We were just reading it last week on goxstein.com It's going to be the it's going to be tomorrow. Um, they're going to do um, their meeting and open call So I think it's great news Um, it doesn't fundamentally change, you know, when I'm looking at in terms of price structure Uh, we if we close above 67 000 we'll have a little bit of a local break on the weekly back to the upside Which I think is a positive for looking for potentially further upside prices
I think we got to monitor it throughout the rest of the week see where we kind of land on the weekly close um And then I do think that there's there's potential for further upside, you know, I'd said Above 68 to 70. It's $2,000 at a time that we just hit main overhead resistances for bitcoin and most majors in the cryptocurrency space So I would just take a 2k at a time with bitcoin where things do get interesting So you get above 70 72 74 76 but above 76 000
That is the the last higher low swing of the bull market, right 74 4 So, you know, I think that um, if we were to see some follow through above some of those areas That's when it gets I I think it actually starts to get exciting Um, I'm just wondering if a lot of people So again, this is not a shot at you in general, but let's let's talk about ta a bit And obviously like I I respect the fuck out of you when it comes to ta and there's others that quite just a few
It's not I'm not really a fan of everybody. It's just like I have a few that I'm a fan of and that's it um Because I feel like the other ones just take on whatever everybody else is saying and then they put on 18 different Other ways that things can go and head to and and then when one goes their way out of the 18 Then they say see I told you so and that that's and they delete They delete everything else
Like I can go left right up down. Oh it went down. See I told you what you talking about bro told me what um When you're looking at this right now, um I know you got the 70 30 But here's my question again. It's almost like I ask it every month Could we have hit the bottom already and it's just like, you know what?
Jeb Okay, how do I hear a lot of we hit the bottom already. It's No, no, no, no, I'm not gonna forget about them. I'm talking about I'm talking with you here like yeah Could you put yourself in a like any expert could you put yourself in a box where You do believe it goes to into the 30s high 30s low 40s And you're so zoned in on that price target
That tunnel vision Yeah, pretty much you don't see that look we did hit bottom here Look, I and you just refuse to believe it. I'm not I'm not taking shots at you. You understand what I'm going with No, I I I've done it in the past myself. You know, I'm just saying like could you be so Like you said have such tunnel vision that you refuse to See that the bottom was already hit
Well, here's the the macro low structure and macro high structure and markets is always Based on conditions now it comes down to Front running of those conditions being met right so um When looking at a macro low form even those who
Even if I was to say yeah macro low is here and it forms here The the actual price structure on the chart is not there to confirm that a macro low is in right and I operate on conditions being met or not So for me personally, I don't really have an issue of putting my I'm as a trader I'm not just an analyst, right? So I'm trading I got money on the line I can't have a bias if I have a macro low is in bias and I'm constantly longing and and wondering why I'm getting stopped out
Then then my thesis is wrong and I'm not going to win my trades And the same goes for the other side, right? If I'm just constantly like nope I'm going to short everything and all the time constantly going short because it's got to go lower And I get put in that box and I got tunnel vision that I'm going to lose those trades to so the way that I look at the market is that The the reason why I said to you last year
That 58 to 60 was the most important level to the downside for me And we were at the highs remember we were still in a bull market And I said if we were to break down what I could potentially foresee Is the is is a because we're in a compression on a higher term time frame I said to you Everyone can go back and check the tape
David's got all his shows up. I got all my videos up I talked about this when we were at the highs We had just kind of sold off. We hadn't yet marked or confirmed the top I said if it does we have to pay a close pay close attention to 74 4 Right, that is the higher lower the bull market because if we do Break into a bearish structure and break below it the major area. I'm looking for is 58 to 60
We ended up hitting that we even swung a little bit below it and I'm of the opinion that this is such a major area that We could potentially see a macro low form here But that is not what the data is telling me All of the data that's rolling in whether it's price action or underlying fundamental data that you can track on the network
Or otherwise known as the quant data is not pointing to this being a macro low It's still pointing to some potential further downside. So If that starts to shift though I will be one of the first ones to call that shift out and change my view And there's nothing and there's nothing Currently that will change that view
As it stands right now. No because it's just a downtrending structure lower highs and lower lows Um on longer term time frames. So you you think that you think it definitely breaks Definitely breaks under 60 at some point No, no, I'm still of the opinion that it has a higher probability to do so It doesn't even have to close under there, but it can go down there and sweep It has a much higher probability
Of doing that than the actual 57 750 on spot being the low but If we were to see and I this is the key condition We have a monthly lower high at um, and this is actually where me and a bunch of analysts actually We have differing takes on this not that we completely disagree because I can see the path that And the picture that they are are actually looking at
But if we were to close above the last lower high on the monthly, which is at 82 8 Is a direct retest of the last higher low in the bull market If we were to close above there that really starts to shift things Right because it's not about This being the macro low right here right now. Everybody can call it in hindsight but
If we do get a trend break because we're at a downtrend on the monthly if we get a trend break Then it's about do we shift structure because that's going to confirm whether or not we're in a mac We've seen the macro low or we're going to get that macro low in right So if we were to actually break above and start closing monthly's above 82 8 83 thousand dollars You're going to hear my my tone shift to It doesn't matter how high it goes right now, but the higher the better
um Because it gives the bulls more room for a move back down to kind of catch it Put in a higher low on the monthly confirm the macro low is in and then move on to the upside in the bull market And we're just not there yet. I am I am I have to view things this way david because one
I'm not a forecaster. I'm not I'm not um I don't have a crystal ball right I have conditions that I need to see met for market structure to say to My audience to your audience that yes The macro low is very likely in Um, and we are going to proceed with the bull market or it's not and right now
It's not and that's just where we stand right now. That could change in a matter of weeks though, right? That could change maybe on this move. We don't know. Um, there's areas that I'm looking to overhead What for you to have a change on this move? What would what would you have to see on this particular move? If we get this move that closes the monthly above $67,000
And we specifically see that we get price action over the next couple of weeks And maybe even in this september start to get above and close above 80 to 8 you're going to hear a very big tone shift out of me Because it's going to be hey macro low could actually be in we're probably at a 50 50 shot of the macro low being in Because on the next big move down no matter how high price goes It's got to form either a higher low or an equal low and then once it does that macro low is very very much in
um So right now because it is just an ongoing downtrending structure We need to see a low set so on the monthly $67,000 is what you want to see closed above that will set a a low on the monthly many will call it the macro low But it's just another low or low We won't know if it's a macro low until we get a trend break
Or we get a higher low or equal low structure So that's going to be the next big thing for price action for bitcoin And it's kind of the same across all of the majors right now as well um, there's actually There's a few different ways that things could play out, but As it stands right now
all I can say is I've been looking at this move up been forecasting in terms of what I want to see closed above For dailies to break out of the range and test further up Right now it's about hitting that 70 k because we've already fulfilled the condition of hitting 68 So now if we see 70 we can start looking towards 72 to 74 74 to 76
And if we start to break above there We'll have some fun We can we can we can actually have some fun Further to the upside it starts to bring into play the conversation that may be the mid to low 80s are in play again And then we could potentially see a a trend break, especially if it's near the end of a month Right and see a close above there that would actually really really significantly change things
but Which you will see on the timeline Is you will see a lot of Macro low is in you missed it You know you should listen to me kind of stuff The reality is even if this is the macro low and it becomes the macro low
You will have plenty of time because it's got a break structure And then it's got to come back down for that higher lower equal low structure And that's when you actually have the confirmation to get in for the bull run Listen, you know what? I'd look here's where I stand I would have no problem if it goes back down
One more time Pass, you know under 60 Instead of the myth, you know, yeah, $50,000 range so I can pick up some more. No, no this is how I'm thinking. Okay Thinking like that would be perfect Again being selfish that would be perfect for me You know, and then I pick up a little a few more things a few more other things and that's it. I'm good
but I know not everybody can handle it, but that's the whole thing. You know, you know when you're coming to end in the bear market It's when motherfuckers are giving up The hope is lost What would cook even when even when there's good news? It's cooked Because like nothing's nothing's moving. It's still choppy things are still going backwards. You're like fuck this
I'm going to I'm going to trade stocks Like that that that's kind of The vibe a lot of that this the past month and a half too because it was so boring But think about it. We've had that though. We've had people that say that have said I've talked look Landy. I've talked to people and they have said I'm done like like having these conversations with random people where in I'm talking about in the space. They're like
I'm done I missed out. I missed the previous cycles I should have done better in the previous site When you're having those conversations, those are like Um, those are like rehab respectfully, you know, not making fun of anybody here But it sounds like a bunch of people in AA
You know, I regret these things And that's when like I get bullish because I'm like We're we're we're here Like we we are here. We're like so close From flipping from bearish to bullish. I mean, that's just my opinion You know, like I that's how I feel and that I started collecting slow. I actually went in harder
Or I go in harder So hard So hard They go in harder When I hear that kind of conversation Yes
look, I I think I think that um You know, I I said this to you before when we first hit 60k Yeah All right the very first time which is a while ago now Um, could I answer somebody it's going lower great Bro, you you when you guys come out on this like on in on the live show on the comments and you're saying it's going lower
You're not scaring me. I send it to a fucking three dollars Understand who the fuck you're trolling the wrong person Look, I think I'll take fucking three dollars ethereum I'll take a 25 send bitcoin bro. Like I don't care
send it lower I got plenty of time bitch well I mean my my take hasn't changed in in that regard like I said 30% that the macro low could form here 70 we go lower for another leg down and probably a substantial one But you think it goes
You think that 70 if it goes down it goes into the 30s I I mean, I think that's what you know No, no, no if if you were going to try to nail me down to an actual price point one It's purely speculative But you know, one of the key zones that I have is filling out the institutional order block zone From the spot ETFs, which is also on a major monthly level at 38 5 to 42 2
But that's a massive institutional buy zone from the spot ETF launches All the way up to 50k, right? So you could potentially see A sweep of the current low side structure, right? There's a million ways it can play out right now We're in the process of of an upside move
Um into overhead resistances, but you know 48 to 50k Is where the spot ETFs highs came in Um price dropped all the way to a major monthly level at 38 and a half and then pumped to brand new all-time highs And the bulk of the orders came in between That 38 5 and 50 thousand dollars Um and above right into the mid 50s
And and really pushed bitcoin to brand new all-time highs you saw And that was prior to the halving which was a change Uh of character for bitcoin. Um, and then you saw, you know, the the other majors move with it You also saw memes absolutely go ballistic, right? Uh during that time period. So You know It's purely speculative
On the downside move, but all of the data is pointing to a a continuation of the downtrend Unless proven otherwise and what is the invalidation of that? Really you have to start thinking about The macro low potentially being in at the regions that were just hit Closes on a monthly above 80 to 8. There are people I respect and I brought on my show On fridays for the livestream that vehemently disagree with me and they have a completely different thesis that I respect
By the way that hey, we could even break structure and go lower and absolutely that could happen Um, I'm not in the business and I don't trade like that. I'm not in the business of looking that far out Um, I like quarter to quarter calls. Um, we you and I've talked about this a lot um And and it's really about meeting the conditions that we need to see for a macro low to be in Until we see that form. I'm not changing my tune. I don't I don't deviate on my outlook for price
If I did I would be trading differently and I would not be winning my trades But I mean like it I've talked about the the 62 and a half to 65 level for over a month Right, if we break to the top side watch 65 and a half above there We're going to run the local highs and then look to 68 to 70 here We are right above here looking 70 to 72 72 to 74 if we go back down and we retrace this whole move Probably not bullish, right?
You know probably looking for the lows to go get swept You know anywhere under 62 and a half at least locally and maybe even the actual lows but Until that happens enjoy the moves because we finally have volatility back Which means we have excitement back in the market because volatility is exciting When things are just going sideways in a range like we have been for bitcoin on closes
It's just uh, it it is like I need to go do something else. I like it It's boring. I mean you you we're building and our building, right? There's a difference A lot of people just sitting here twirling their thumbs. That's right. That's what I'm saying like when people say lower Okay, go lower Like I'm not even paying if you're in a good let me let me explain something to you and that's what I keep on saying So oh y'all that tune in
Y'all too stuck on market caps. You guys look at market caps. You don't look at the individuals behind The protocols and listen, even with bitcoin, you don't look at what's being built You're not reading the news because I know you guys don't read you guys don't even know how to read So I I know like that's not happening. You guys are so lazy to go ahead and do any sort of fucking research I'm looking at what's being built I'm looking at conversations nation states buying it's like these are the things that I'm looking at
other nation states the fucking liquid like First of all, we got to get our tax system in order with cryptocurrency. That's a big god. Yeah the tax You know, I'm I'm talking to people from other countries. They're like zero percent Like zero zero
We're paying zero And that's and and to me it's like, you know what? We need if we're going to be the crypto capital in the world in the United States of America Well, we need to be on par with everybody else Everybody else is They're way ahead. I'm sorry. Like we're we're trying to get there, but they're way ahead of us
They're they've embraced cryptocurrency We have not embraced it some of us have embraced it But then you have an entire side that hasn't and there's political motives to it I'm just saying but Here's the thing and this is what I wanted to tweet out today But obviously I had the show to do and
Whatever I wanted to say that I think this is going to be a bigger run So Here it is. It'll be on tape. I think it'll be a bigger run this time around than what we had in 17 and 21 That's what I believe and the reason why I say this landy is this in
In 16 17 you had ICOs Yeah Okay, that's what's coming but I think that this time around It'll be done in a professional matter
It was presented professionally air quote But I think this time around that will be one of the catalysts to go ahead and see massive liquidity injections into Into this into this market. I was just thinking about this yesterday. I was just like yo like these things If if it all comes together Liquidity will definitely pour into it. Listen, you how many people are in crypto right now that are builders that want to build And now they see the sec come out and I'm sure that you just like you said the same thing
CFTC comes out. They're on the same page Here come the builders Then I hear come real builders And then you also have like, you know, you get what I'm saying you'll just have a storm of people building
And then the money's gonna pour in Well, and then we trickle down effects Some some of that money will go into memes. Some of them will go into past all coins that are still building out their chain link I'm just throwing things out there Well, I think we have a much heavier run this time around I think we start seeing winners selected by the institutions and a lot of these, you know chains that do
Basically the same thing across the board Um are going to slowly die over time. Um not speaking of any specific change I'm just saying that I do believe that capital injections from the larger institutions are going to pick the winners this next go around um and I think the the Driving factor will be liquidity to tokenize
To pair with tokenized What I'm trying to say here. Landy is you can front run the market right now That's what I'm trying to say Institutions are if you if if you want to go your route They're picking them and you can see what they're picking Yeah
They don't have to say the name that you can understand what what they're going after So you can front run the markets if you choose to I'm not saying listen you can pick five Things and maybe one out of the five workout, but you won though like you you have front ran the institutional players And you're and you're winning A lot of people aren't doing that shit They're waiting
Yeah, they cashed it's like, you know, y'all want to catch the wave But the wave goes by and then you're trying to chase it like that that's what that's the best analogy Holy fucking shit, you know what you guys are doing Because i'm sure you've seen this You guys are the you guys are the guys that want to go out surf boarding The wave comes
You let the wave pass you and then you're trying to catch it That's that's the best way to explain the motherfuckers in crypto Yep, and then you're like well, it's so unfair because the wave Do you understand how crazy y'all are? anyway
We got it is it is true the two we got two minutes left Landy's here You can go ahead and by the way just to put it out there Landy Mondays Wednesdays and Fridays He has a show where he breaks down the markets, okay On the gachstein news network on the guy with gachstein media, whatever you want to fucking call us That's what he does guy. You can go ahead and tune in You want to
Front-run the market so understand the markets Tune in to the puppet. Okay Tune in to the puppet appreciate you even on docks He got to be on docks I I want to say that the gentleman that said that actually had me on their show at one point But I might be mistaken
Oh, no, I I know who that is they follow me and I follow them and I swear I was I was protecting you okay I was protecting you. I I in in and I I'm going to have a guest on friday as well It's not going to be david, but david's always welcome to come on at any time obviously But it's 8 p.m. And he's usually making beats in the background. He's he's he's making his diss tracks
Oh my god No, I look I appreciate you david and I appreciate the shout out obviously look we've we're gonna be Entering some very interesting times when it comes we're gonna be printing. That's to tell him it's telling the truth We're gonna be printing Look it it here's I think that this conversation especially with you and I talking about markets is gonna
Is really going to lurch in the direction of a lot of what is going to be tokenized assets on chain as well And in the context of the conversation of the major crypto chains that it's being launched on right And I do think that this is going to be where we see memes actually shine I'm 100 on board with you now on that After seeing like I said I've said this before after seeing how robin hood approached it Who did they court they courted the trenchers the meme coiners the nft enjoyers
They wanted to prove out that their chains got the goods work out all the bugs and who did they go to first They went right to the memes and not only that they promoted it It feels so good to be right they promoted it And then what is the conversation going to evolve to on those chains now that people are over there? It's going to evolve, you know into the tokenized, you know You know equities stock tokens rwa's and I think that's going to be a major major play
Probably something that um perian and you're going to discuss here as it relates to clarity and many of the other things that are going on regulation wise I'm looking forward to uh to to listening in because uh, she knows her stuff, man Perian boring knows her stuff. She's been fighting for this For years directly involved unlike a lot of the people that chirp online. She is directly involved And i want to talk about you want to talk about somebody who's been
fighting the good fight for For years Years years You know and like you said there there's a bunch of people that act like they've been doing something Um, but they've been doing absolutely nothing
Uh, so it'll be good to hear her take on You know the clarity act and sec and what's to come from the ctfc and whatever whatever everybody every agency Every goddamn agency, you know, but the biggest thing for me is Okay, great clarity act. All right. Uh, I love what this uh sec did that's great um
When when when retail that that's going to be bottom line for me when retail on when Retail, you know, when is retail going to Know what the hell we're doing what you can't have four agencies You can't have four agencies define Define what cryptocurrency is completely the one property the other one virtual currency the other one commodities
I mean, it's it's really confusing. It is confusing. I think me and you talked about this yesterday, though By the way, I know There are new people tuning in guys. I understand it. Look, we bring on a lot of people Front-facing. I know mom. I know it's crazy and I'm still talking to a puppet I know I get it I get it Anyway, just dying to see my face everybody's just dying to see my face
They that's honestly if you had no knowledge of crypto, well, obviously you'd never be on the show, but yeah Crazy crazy, uh, but okay again guys, you're allowed to be happy today. Okay Enjoy it. Enjoy today me I don't really care. Um, uh, I am waiting I'm really waiting for october or the end of you know, near the end of q4 Going into 2027. I asked obviously I'd like to see, um
And I at this point I want to see the clarity act passed And then I'd like to see something Created towards, you know Something established towards retail. I mean we we need to talk about the IRS, you know and them, you know Yes, I don't know man. Like there's so much But I appreciate you appreciate you coming off the show every single day
Uh, yes, I do talk to a puppet At 12 15 in the morning and then we bring on Some notable guests and some I hate saying some that are not every person who comes on here I appreciate their takes up and coming because there are you You've highlighted some people very early on that have absolutely exploded in terms of um Awareness to a wider audience. Uh, well before they actually
Got that that big pop So, yeah, I love it. I love seeing it. There there's so many people that deserve a larger platform that took about obviously this space That deserve a lot A bigger platform They really do so i'm happy when they come on this show we break it down
And listen this month, we've had a lot and I hate going into genders I hate it. I hate saying like we brought on a lot a lot of women on to the show I hate doing that But it is like I keep on saying this it is true when like the women come on here they're Zoned in like well What I bring on you guys man
Like you guys want to talk about like cars and stuff like okay Well, I have a program for that David I got to say this though for all of the female guests that you've had on you Overweighted on one side as soon as you brought ccasa on that immediately Testosterone levels rose. It was kind of wild So now I think you need to bring more female guests on to kind of get that equilibrium
again because Ccasa was just killing it. I know hold on. I think hold on it's been Hold on we this month has been like completely dominated by the women and you can notice a difference I've had people come in. I had people email me and DM me and say like Bro, like fantastic. I've learned a lot. So what does that say about you puppet says no, I'm just saying I'm bringing puppet energy. It's need it's gender neutral energy right here
All the gender neutral energy bitcoin is for everyone the puppet is for everyone Bitcoin is for everyone and everybody should own bitcoin at the end of the day. That's the ultimate goal old own bitcoin Thank you puppet appreciate your time guys tune into puppet bitcoin puppet He'll be on tonight at 9 p.m. Eastern standard time On on the gong shi media network. So thanks puppet. Thanks, brother
All right, that's landy. We'll be back right after this commercial break. It's 105 p.m. Eastern standard time We'll be back with uh harry and boring to go ahead and talk about clarity We need some clarity from somebody who can actually explain what is happening We'll be right back after this commercial break. What first got you excited about blockchains Think about it Oh wait
I bet it wasn't multi-million dollar hacks exposed data or finding somewhere safe to store your seed phrase was it Maybe it was the idea of decentralizing a broken financial system Maybe it was imagine in a world where people own their own data and get to sharing the value it creates Or maybe it was a promise of a fundamentally better way of connecting Communicating and transactive the next phase of the internet that empowers us instead of exploiting us
So why hasn't that happened yet? Where we're still living with the same broken system that blockchains promise to fix It's because blockchains can't keep a secret Enabling open transparent systems was only the first half of the challenge for blockchains to really change the world They also have to be able to protect our sensitive data when it matters And that's where we build midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web
Let's build the internet we deserve together There we go, united states of america representing social and communism does not work Digital assets is it better to move money at the speed of light? People are greedy when they also try to acquire gold and here providing Electricity and that energy that is necessary. I'm the monarchy
Welcome back everybody. Welcome to the breakdown episode. What is it 7.72? I'm forgetting already mold Sponsored by midnight also sponsored by poly market shoutouts of poly market cake wallet fomo all right, um, let me go ahead and Put in the overlay here overlay overlay
Overlay what what is going on? Where is the overlay? I love how I got a There we go. Okay. Let's bring Let's bring on our next guest Thank god. It's not the puppet It is somebody who has been working Tirelessly to go ahead and get things done for this industry. Let's bring in harry and boring. Hello
Hey, david, what's up? Not much long time. No, see Good to see you. Thanks for having me back so, uh Let's get right to it clarity act When is this thing going to finally get passed?
I mean you're asking the question everybody's asking the more time that passes the less likely it is to be passed Uh, so I I my confidence rating continues to go down every day The you know, we're running out of time in the congressional calendar. That's really what it comes down to Um, this has turned into unfortunately a very political situation Uh, the clarity act is something that we've been working on for I mean, I want to say maybe eight years
We started building legislation several congresses ago. It originated in the house Uh, but here today with president donald trump Uh, who has come out as a pro crypto president He wants the us to be the crypto capital of the world He has put the mandate on congress to get the bill passed So having a legislative pathway to get a bill through house senate to the president's does signed
It's a tall order I used to work in congress less than two percent of all legislation that's ever introduced will actually become law Because there's not a clear legislative pathway But because president trump has taken leadership on the issue He's helped create that pathway This is being held up in the senate and it really comes down to these ethics provisions
Democrats are unwilling to move forward with supporting the bill If there's not restrictions on the president and the president's family from having Business interest in the crypto industry So without there being some kind of resolution on these ethics provisions, the pathway is very quickly dissolving But he's he's made the con at least it's been reported. He's made the concession to say, okay You know bar any president from participating
Within the markets while serving Why is that not good enough for the democrats? Again, this is politics at its best and it's absolute worse. I I have my own theories My own opinion is that democrats really are they continue to be anti-crypto now remember just under two years ago when Joe Biden was the president of the united states
The position of the democrat party was anti-crypto And there was a very concerted effort that came from the very top of the party to try to shut the industry down To kill the industry and they were actually quite successful. They really pushed us back I would say a decade in terms of innovation here in the united states in our industry There was the anti-crypto army that was being led by senator elizabeth waran and her cronies and you know the the former
SEC which had this huge enforcement effort to go after everybody in the space So it really you you have to remember, you know history It really wasn't that long ago that the democrats who were in charge were very anti-crypto And I would say that energy still exists that position still exists largely in the democrat party And this is in my opinion is probably less about the ethics provisions I think that's a way to try to attack donald trump for political purpose and for political gain
But it's also a way to try to stall the bill because they're actually not Pro-crypto. They don't want the bill to move forward. So they're looking for any excuse to try to hold this up That's what I personally believe the game has been That's my opinion. I'm sticking to it but this is politics and we we need to get crypto And our industry out of these partisan debates out of these partisan issues
It's really not healthy to treat any technology as some kind of political pawn. This isn't about republicans This isn't about democrats. This is about freedom. This is about giving people access to their assets online It's about allowing them to transact globally without an intermediary. This is about the economy. It's about innovation It's about the future of finance. This isn't about red versus blue. We really need to get out of that I love that. See that that's that's what it is. I love that. Um Do you
Do you think we would have had a better chance of passing the clarity act already if trump didn't come out with With his own token Do you do you think You know at a later date he could have came out with it after the bill was passed That it would have been at least we would have had a better chance of Like I said passing the clarity act. I mean, it's hard to say, you know, did it help it?
Certainly it has just fueled this narrative Of you know, these these ethics concerns that democrats are pushing it It certainly has put a lot of fire behind that narrative But if it wasn't the token, would it have been something else? Could they have found another reason to go after him and There's so many excuses that have been put on the table as to why the bill keeps getting pushed
Why we can't bring it up for a vote, you know, it just seems like there would have been something else So I think there is something deeper here I do think at the end of the day There is still an anti-crypto army that is still present in the democratic party that still has a hold over A big and a lot of power over the party and they're the ones dictating and pulling a lot of these strings And the unfortunate thing is that there's actually a ton of democrat members that are very pro-crypto and do want to build before
We had over 200 members of the house of representatives that signed and passed A market structure bill through the house just lost congress So we have many democrats on record that do support having market structure Legislation, but when it comes down to really getting it done There's a key hold up happening in the senate It sucks because the american people want it right over 50 million americans own cryptocurrency if not more
So, uh, it just sucks to see that um Well, the sec came out with with their guidelines or the guidelines that they want to push forward with, uh, what do you think about that? Yeah, so great point There's the legislation which would future proof because it is so hard to get legislation passed We've been trying for a long time. You told me about this. You said push the bill through and then start
Figuring out a way to make it better establishing your pathway is always going to be the hardest part of Getting new laws established and created It's much easier for the agencies to operate within their statutory guidelines to publish their own rules and their regulations So the legislation would future proof and they get much harder for another administration to come in on either side That wanted to take an anti-crypto approach and try to shut the industry down
Again because it's it's it's law um I will say my again my personal opinion is if the clarity act is not signed into law I actually think the industry will still have everything it needs for the u.s to continue To be the crypto capital of the world Because of what's happening at the agencies we have really amazing leadership both at the sec and the cftc who are working together
To create a regulatory a framework that provides clarity for businesses to build and operate invest and fund raise Launch projects building on blockchains here in the united states And that's what red crypto is that the sec just announced Yesterday it's the rules we've been asking for for a very long time when we started this journey We actually didn't ask for legislation. We just asked for clarity. Can the agencies tell us? When is an asset considered a security? When is it considered a commodity?
Let us know what the rules of the road are so businesses can operate in a legally compliant way and they refuse to tell us So then we pivoted and said, okay If the agencies are going to do their job and provide that clarity then let's have congress pass the law and provide Those definitions and that clarity and then the agencies can take it from there So now we're kind of pivoting back to okay. Well congress isn't going to pass the law But now we have people running the agencies who are willing to do the work to create the regulatory
Guidelines and provide that regulatory clarity that that actually is sufficient But there is a little bit of risk that in the future a new administration could come in and say well Actually, we don't want to do any of this and roll it back and you do see that happen but if we are able to get rules Uh created and projects launched that are using these regulations that are operating within these regulatory frameworks It's much harder to roll that back once they're live once businesses are using them
Once the regulations are being deployed into the market So I I would caution about being like frantic like oh if clarity doesn't pass we're over That's not true. We still have a lot of tools that are Can it accomplish the same thing we need but they do need to move fast Again because there's going to be we have an election this year There'll be another one in two years and you just don't know what's going to happen after the election
Who's going to be in power where the anti-crypto army energy is going to land When the balance of power changes with with new elections and people coming in every two years So I think we're in a good spot right now as long as we can get clarity out to the market as soon as possible whether that's through legislation or through Regulation and one of those is going to happen. It will be one of the other very soon
So I do think we're still going in the right direction as a country It'll be great though. You have these rules that or the guidelines that have been proposed by the cftc Great finally like somebody's working with us is awesome, right? What an awesome feeling after gary. Um But if they pass the clarity act and then you have these guidelines that go through Now we're moving in the right direction right now. That's it like now these like even if a new administration comes in Let's say it's a democratic one or anti-crypto army
Um, they can't really reverse this right? Well, you wouldn't be able to reverse the legislation without a new act of congress, which is a very high bar Uh, so the likelihood of that happening is just quite low. So that's why the legislation would future prove this for many future generations But in the absence of being able to get law passed the agencies
They do have the statutory authority to provide the regulatory guidance that is needed so businesses can build In the blockchain space here in the united states They can provide that clarity without congress having to step in But there is the risk that a new sec chair could come in in the future You you could have a new gary ginsler like sec who said actually we don't want to provide this clarity and try to roll it back But it would be harder to roll that back if you already have
millions billions of dollars of companies operating within these regulatory Frameworks so once once it's out there it's it once it's out there deployed and businesses are using it It's harder to unwind it because then you could be introducing systemic risk into the market It's just it's not as easy to do But it is possible to some extent but again like legislation would be ironclad
It's in law. You really can't undo that unless you pass a new law. Good luck getting that done If not, you know, we can get the clarity from the agencies But you do have some risk that a new administration could come in and try to reverse summer parts of it The cftc you think they follow suit with the same kind of message as the sec And yeah, they they absolutely are they're the sec and cftc are certainly and lockstop. They're communicating
And they're they're rolling out a lot of the recommendations that we had I had provided years ago at the digital chamber I mean previously sec and cftc had joint working groups where they would coordinate on these types of issues They really stopped doing that for a number of years to the detriment of crypto assets And now those conversations have restarted to where they are able to coordinate and say yes We're sister agencies and it is important that we're not giving conflicting information to the markets
If one is saying You know ethereum is a security and the other one saying ethereum is a commodity What is the entire ethereum community supposed to do? Who do you listen to? It just creates extreme confusion and really makes it impossible To operate legally with legal certainty. So that coordination is happening They are you know working in in a much better way today and that that's a positive thing for the markets
When When are we going to have Something done with the irs where like we can finally figure out How we can go about paying because I do believe that we there are people here that want to pay their taxes And they wanted to pay them correctly They really is confusing 10 90 10 99 da all this stuff coming out like people really are confused and and even some cpa's or accountants
They're confused What happened here? Do you think trump and his administration? We already see everything that's happening with the sec and the cftt and all Do you think something happens here with the irs where they will finally give us clarity here as well? I mean we we need like a whole another clarity act to address all the tax Issues for for bitcoin and the larger crypto community and this goes all the way back to 2014 and 2014 the irs
Issued guidance saying that convertible virtual currencies would be regulated and taxed as property I I think the irs got that wrong If you were using cryptocurrency as currency if you're using it as a medium of exchange If you're using it as a unit account Why would it be taxed as as property it should be taxed as currency?
So I I do think there needs to be changes to the way that we tax Bitcoin that we tax other cryptocurrencies that takes into account how people are actually using it And at the end of the day, this is open source software. Everyone has access to use it and treating taxing it as property is like taxing it as a security and that really goes against that So I I think that the current tax provisions. I think there's an argument that they It creates a conflict between some of our constitutional rights of our our freedom of speech we have
Freedom to use this technology because software is protected by speech under the first amendment We also have the right to privacy and if you're having to report all your crypto Wallets and transactions to the irs. How can you reasonably say you have digital privacy because everything is connected on chain? You can see everything So I do think we need an overhaul of the tax code. I do think the way we're currently taxing crypto is is not Uh, not only is it not efficient, but I don't think it emulates the values of the american tax system
And I think there's a lot of improvements that do need to be made there I appreciate you when you come on the show. You just yeah, you're just you're awesome And I do appreciate everything you've done for years upon years upon years working, uh out there champion, uh, you know crypto and this entire space out there in dc to get these To get these things past Man, this is oh, we're here. Like I'm bullish right now
I'm bullish even though the clarity act has not passed yet. I'm just happy About where we're going Maybe just maybe we will become the crypto capital of the world Uh, I'm praying for it. Uh, because I'd like the innovations to stay here and not have our innovators both elsewhere Don't tell the country to other nation states where they're just like yeah, just come here zero taxes zero everything bill here Yeah, we're here. You know the representatives that we voted in
They're doing nothing nothing to go ahead and make that happen here But I appreciate you perihan boring Thank you so much for coming on. Hopefully you'll come on uh in the next few months to talk about this if they pass Yeah, happy to come back. Thanks for having me david Thanks a lot that is perihan boring one of the One of the titans
That have been fighting for this space to get things passed. It is a pleasure to I think this her third time coming on is a pleasure to have her on because May I remember she said one thing to me and I was I remember this I think it was the second time she came on and um I said I was kind of like against passing the current
clarity Act that they have it's been revered in so many times And I remember her saying like you just got to pass this thing through and then And then you can go ahead and work on it And and I'm thinking like why why can't we just pass a great bill? But this is the way congress works man if you look at democrat republican at this point
I don't care like they all need to come together and pass the bill Pass this bill It's it's that simple Really, I like this is not it's not about party lines anymore And senator warren man her and her whole anti crypto Brigade and stuff man. It's it's annoying also the biggest thing for me is you know the you know the taxation part
People are confused like we really are confused You got accountants that are confused you got we had andrew gordon on here who is breaking everything down from a tax perspective He like it is confusing. I mean you had perian boring just say you know what in 2014 They classified crypto as a property and that was wrong It was wrong. You're not getting it like we're not getting a 1031 on this You're not getting to if it's property. Why am I why am I not if it's if it is property
Why am I not getting a 1031? Dead ass man like what what's happening here? But I'm happy. I am happy these things are starting to happen. It's good for the crypto space It's good for our industry. This would allow hopefully Hopefully for a lot more companies to become a lot more bullish on
crypto Digital assets, I should say let's call them digital assets. I think digital assets is a better You know you say crypto to people people are like, oh my god Illegal like no No So we we've got to change digital assets
That's how we got to move digital assets. That's how we got to call them Anyway, we'll be right back after this commercial break What first got you excited about blockchains? Think about it Oh wait I bet it wasn't multi-million dollar hacks exposed data or finding somewhere safe to store your seed phrase
was it Maybe it was the idea of decentralizing a broken financial system Maybe it was imagined in a world where people own their own data and get to sharing the value it creates Or maybe it was a promise of a fundamentally better way of connecting Communicating and transacting the next phase of the internet that empowers us instead of exploiting us So why hasn't that happened yet?
Where we're still living with the same broken system that blockchains promise to fix It's because blockchains can't keep a secret Enabling open transparent systems was only the first half of the challenge for blockchains to really change the world They also have to be able to protect our sensitive data when it matters And that's where we build midnight to bring down the final barrier to mass adoption and unlock the full potential of the decentralized web Let's build the internet we deserve
Together ladies and gentlemen, we all know this encrypt of ownership matters That's why cake wallet cake wallet gives you full control of your digital assets all in one easy to use application You can store bitcoin, litecoin, zcash, monaro and many more with just one secure backup Swap between coins and seconds no copying addresses No complicated steps and even includes bitcoin lightning for faster payments and with cake wallet built in you can use crypto In real life through debit cards or gift cards
Simple secure self custody download cake wallet and take control of your crypto There is an astronaut conducting an emergency repair on a global communication satellite that could go dark at any moment We have a second angle of this Is that guy on formal Crazy There we go, united states of america representing social
providing Electricity and that energy that is necessary i have the monitor honor day. Welcome back to the show. Welcome back. I am some people call me a rock star. I'm 100% a legend. That's right. 100% 100% a legend. Thank you. Perry. I'm boring for stopping by. She's still a part of the digital chamber. She's done a
hell of a lot of things for this entire industry love ringing her on love breaking down everything that's happening in DC. Let's hope that they pass these regulations. It's funny crypto crypto crypto fucking started to get away from all this shit. To give the people a chance main street a chance and here we are but it is what it is man. At some point you got to
get professional right. Listen you can't didn't you can't stop the suits from coming in you can't stop institutional players you can't stop hatch you can't stop big money from coming into the space. It is what it is. That's what it is. But the rules have to be fair for all sides rules have to be fair for all sides. We need to know what the fuck we're doing. We
really need to know what the fuck we are doing. We can't say we are the crypto capital of the world yet the rules are nowhere to be found. There is no clarity up until now. You know you can be a Democrat you can be a Republican independent Green Party I don't care which party. If you are in crypto and you're a one issue voter you need to be behind
Trump right now and this administration. They're not trying to look all you guys all Trump's making all the money in crypto Trump Trump Trump he's the people crack jokes he's the first pro crypto legit first pro crypto president because he's caking it in crypto. I you could do the same thing you could have ran you could have literally front run him. And
yes there will be people with platforms that will have a better advantage than you do. That's life though that's fucking life. Anyway I'd like for us to go ahead and get the rules done for Main Street though. Okay for us the people the people that I will one day represent as the president of the United States of America. I believe that whole
orderly if I've run for president I've already said this. I'll run for president I win easy I speak I listen I sit down will put in. That's what I'm talking about at the table sitting at the table going boom speaking Russian to my man's I'm just saying I'm just saying. A lot of people who approach me all the time
Dave are you serious about running for prep? Absolutely serious. Absolutely serious. I'm not playing around when I say that. I'm definitely not playing around when I say that should not not not playing. Anyway welcome to the breakdown episode 77 sponsored by midnight. Midnight is the title sponsor of this program also shout out to poly
market poly market is the official prediction market sponsor of the breakdown shout out to poly market we'll go look at some things on poly market. Also cake wallet if you are scared you are scared of holding your stuff in cold storage. Well why don't you try cake wallet for real and try cupcake. No your fat asses shouldn't eat a cupcake I'm
talking about cupcake from cake wallet okay. Also FOMO FOMO is part of the family we are family we are family you can watch me trade and see who damn I run I can I am a lyricist I am everything I am a threat. That's what I am. I would say I'm a triple threat. No I'm just a threat. I am a threat. That's right. Shout out to FOMO FOMO me FOMO FOMO
me me FOMO writing a thesis on FOMO shout out to FOMO they're growing every single day they're unstoppable bro they're unstoppable and I'm gonna pull up the FOMO chart. We'll talk about yo we'll talk about the thing that you guys nailed me up with in this chat about we'll talk about we'll talk about Augie. We'll talk about Augie. I got some shit to say about
Augie. Okay. I bought more Augie yesterday. I got somebody got to take the phone away from me like honestly somebody got to take the phone away from me. I saw Bianca was in the chat. I should have Bianca what Bianca comes into the chat won't even call her. I can't believe that disrespect the disrespect Bianca though disrespectful comes into my chat
lowkey watching lowkey watching now she says hey see I have lowkey watchers whatever that is fellow Sagittarius to a fellow Sagittarius to tune it in to one of the most electrifying personalities no matter if you like me or not you tuned in to one of the most like electrifying shows that you can find forget about just crypto we're way past that
yeah I report about crypto yeah we talk about tri-fi but I'm into politics to already was sports look at the God hold on somebody pull up the gosh team dot com website fellow said how is a fellow said and I know I know how a Sagittarius is I am the definition of a Sagittarius I am the death the little live totally I hate using this word literally though the
definition of a Sagittarius we are the best signs in the world by the way a Sagittarius I don't give a fuck what all these people out here told me we're the best sign I'm a designer no no no no no you ain't a Sagittarius okay you are not like us we are the chosen ones read about us we got that aura we got aura that you can't manufacture this man you
can just aura or a maxing y'all are too busy or a maxing we ain't even trying we're not even trying we ain't even trying we're built different that's right Bianca shout out to Bianca Bianca's Bianca Bianca work together she is a very very driven individual give her a follow extremely driven I like the fact that people tell me that I don't give
platforms to women goddamn and I hate being gender specific because I don't give a fuck man woman as long as you can bring it as long as you can bring it it don't matter I don't give a fuck a flying fuck about what the fuck how the fuck you go to the bathroom I don't give a fuck but Bianca she is a driven she's a driven ass individual man she is she gets
frustrated too I remember she gets frustrated quick that that's me that's you see I'm learning I've been in this stage of my life where I'm learning to understand like look when I go and I keep telling you guys this when I go when I do something I'm not trying to get a participation award I'm going out there and I want to win and I will do everything to
win at all costs like I will do things to win and like if people can win or they're not I guess if you're not rocking at the same speed like I like I like I see I keep saying this there's nothing that I'll ask you to do that I won't do but like it's just like ah it's hard to explain the Sagittarius man we're good people and I say we are very we're good people
we're misunderstood we are very misunderstood I'm now this is now turned into a horoscope show that's right horoscope show ladies and gentlemen we are very misunderstood man we are absolute we have resting bitch faces absolute most I think most Sagittarius is have resting bitch faces I have a resting bitch face 100% you think I'd be angry I'm not
angry we're very blunt that hurts people's feelings like you imagine like you're you're standing next to somebody real life and you say like my man's like look you smell like that's that's the way that's the way like maybe maybe there should be a little bit more bedside matter I guess maybe maybe that's a little bit Sagittarius mixed in with the
New Yorker and me kind of thing but like my man's you smell like I think I think you need to get some deodorant to rub the onion off of you like it's we're telling you something where others would baby you when I'll baby you I was now I was never I guess that that's it's a Sagittarius thing Bianca I don't know I think me yo honestly speaking
about it I think like thinking back at everything I think me and Bianca what actually I don't know like you could put it in a lot of ways like we're competitive like we want to win so like could have been the case of people trying to outdo each other only fuck and then she left for Reddit bro you imagine this shit who the fuck is Reddit fuck Reddit
I'm kidding shout out to Reddit but I'm set Reddit you know I will say this though and I am so happy to say this you know a lot of people that have worked with me work for the company I mean even my first EA went from working with my company to working at Amazon so like and and and I'm talking about Amazon not a delivery driver and there's
nothing wrong with being a delivery driver or delivering packages there's nothing wrong with that but she went to work in corporate corporate and and a lot of people like there's been there have been a lot of people who have left God bless man listen we're independent media company people leave and like I only wish them the best man like they for those who
actually leave and they take whatever they've learned or they they take their visibility and they applied elsewhere God bless I hope it wins I hope it works out but a lot of people went to a lot of really good companies I'm not going to take the fucking credit or anything I'm just saying a lot of people went on to working with big time
companies good you love seeing it you fucking love seeing it like good I'm actually happy what I've wanted people to stay yeah but like I'm happy when people are just doing their thing man yo really that is the truth though like Sagittarius yo yo I know a lot of you guys don't believe in horoscopes but like I believe I believe I read like I
read anything about a Sagittarius that shit is me to the T to the T like there's nothing there are no lies found in that fucking horoscope is zero lies Yank I'll call you there's nothing like this zero I spent 15 minutes on talking about what a Sagittarius is right now like I literally I miss fighting with you Bianca I really
do I miss fighting I miss fighting with Bianca it's not real like real fights I miss the arguments I miss I miss I remember Bianca just like her the vibe her vibe was like this motherfucker it was it's one of those she yo it's it's the no it's passive aggressive kind of hold on it was that passive aggressive fucking attitude like you want to say
something so bad yo and a lot of you guys are passive aggressive too but like I'm talking about passive aggressive like just like you start humming I probably frustrated Bianca so much she had to go to one of those rooms called where you go into those rooms and you smash like you have an hour to smash up a room what is that shit called
smash rooms or some shit like that I know they have that in New York City you go into for an hour you just like with a baseball bat you smash and everything in the fucking room I think a lot of people have gone to these rooms to get their ah the emoji the emoji bro the people's eyebrow how how about you oh my god oh my god oh my god
anyway hi my name is David Gocheney have tuned into episode seven seventy two I'm still here I'm the most consistent thing in crypto yes right rage rooms there it goes thank you so much that's what it is rage rooms you go in there and you start they were rage rooms were developed because of me okay I'm gonna take credit for this rage rooms were developed
because of me because after having a conversation or being around me for and hold on but they say what the fuck am I saying what am I saying here though I just want greatness like I demand greatness for myself yeah like that's my attitude and I'm I could be stubborn I know I know everything about myself rage rooms were developed because of
me you're 100% because the frustration of like oh he's asking me to do oh fuck this and smash and shit I apologize I apologize I'm gonna reach out to one of those rage rooms but I apologize to anybody who's experienced any sort of rage uh while working with me I'm sorry anyway before I move on to some topics on polymarket and also talking about uh FOMO and
what I've been buying I bought yesterday again I bought again yesterday I need help I really need help I need help I need help people like yo tweet it up make a tweet about it I'm not tweeting shit y'all work for this I'm a market participant too y'all work for it work for it my focus is on the white bull movement that's it
that's what my focus is on everything else that I'm buying great I'm buying it because I am absolutely going to try to print when it comes when the bull market comes I am printing I'm gonna print somebody gotta take a somebody gotta take my phone away from me though 100% all right let's go with this um
somebody hold on one second what the fuck are you talking about like y'all what the fuck these people these people are fucking stupid I gotta say these people are stupid ah anyway all right Sikasa has a apparently Sikasa has a banger out here he wanted me to showcase an exclusive out here for him for Baylor and Jungle Bay so let's go ahead and look
at this real quick oh my god I I've had Perry oh my god I had the wrong overlay on the whole time shout out to Perry and boring all right you know what maybe we'll do call into the show today too let's do call into the show we'll do it after watching this let me go ahead and put this up here ladies and gentlemen let's put this up here there we
go Sikasa I don't know if this is a world premiere but let's go ahead and play this let's go man it was once just a dirt road salt in the air old and tired like an empty prayer till the muse till the muse you're my co-colleague when I take your air creativity recharge me keep me company I can feel your faith
mark me sets in and the doubt starts to creep the ones who give up the ones who give up she lets them sleep it's the desire that calls her name that's when you lock in she makes it clear once just a dirt road salt in the air old and tired like an empty prayer and I take your air can feel your faith I know that when I take your air
can feel your faith that's a world premiere I'm sure they were playing it out there already but that's a world premiere from outside okay that's a world premiere from outside shout out to Sikasa shout out to jungle bay shout out to all those community members that have been working for the last five years brick by brick
should be an example for everybody not to give up you know I appreciate entrepreneurs appreciate people that work hard non-stop tirelessly to build something build something that that means something and it's a place for every individual to think about it there it's a bunch of misfits or we are in generally generally speaking
we're a bunch of misfits here in crypto so to be able to go to some island to get away and to showcase your showcase your abilities to create stuff it's pretty cool it really is you think about it because that's what that's what this is all about when it comes down to it you know crypto bitcoin for me I've talked about this a lot bitcoin when it was you know when I was when I was approached by my friend
about bitcoin and why it's important and why I should look into it at the end of the day for me it was freedom that's how I look at bitcoin it was freedom not from a monetary standpoint I think a lot of people get confused with that because I don't I don't know I've talked about this on podcast before but like I was good before crypto like I didn't need crypto to be successful I was good before crypto
shout out to crypto though I'm not saying I'm not trying to belittle crypto in any sense of the word but for me that was what bitcoin was it was freedom um and and the people taking back or having an opportunity to finally be successful in this in this world and especially in the United States and in the United States of America so yeah and then obviously new tech came out within crypto
and you've you've seen a lot of creative people come here and build or try to build and that's nice that really is nice and that and that should be supportive that should be supported and not you know people should not belittle people who are building out here it really it should not that should not be the case it's weird you know crypto twitter is such first
where everybody not now so much but but you still have the anti-crypto armies a senator warden warden and stuff but well you have we're such a small industry compared to every other industry and crypto twitter within itself is really small i'm not saying support trash like my my thing is not hey support everything and everybody no no no i'm talking about
support those the innovators that are really trying to level up crypto support those that came here to build some sort of infrastructure some sort of project that solves something support people that are genuine support people that are really here for the right reasons even if you don't like them you don't have to like somebody but if you see something being created support it
there's there's nothing wrong with that of course you're nothing it costs you absolutely nothing to do that people always ask me what why why are you constantly i get this question a lot why are you constantly putting all these people on a pedestal man you got your brand is big why are you putting people on because i don't know i got this mentality
i guess where from where i come from where i'm raised where if one of us makes it we take everybody with us that's always been the mentality and if anybody's good to you well make sure that they're seen too if they're doing something that's been the mentality ever since i was young man just to make sure you bring your circle with you that's it i try i'm not perfect i try
but the one thing that nobody can ever say is that i've never i've always even when it wasn't the most popular thing to do i've always taken everybody with me or attempted to i've attempted to funny thing as we're talking about the subject somebody found an old post about me well uh well i mean i don't delete my tweets but somebody found somebody found a
tweet that i made in 2018-19 and i wanted to read it um is it january 20th 2018 somebody found this from the white bull movement or people or anybody who wants to participate in the movement in general they said well this is what my post said i said i promise whether you like me or not i'm going to bring the entire community of good guys
air quote to help educate anyone who's interested in crypto i've always been about this life i've always been about this life so the person who retweeted this said david goxin hasn't changed much in eight years he's still about the all he's still all about the communities and he's bringing them together the white bull movement looks like it started many years
ago he just didn't see it back then the white bull movement the the the movement in general is bigger it's just bigger than a token anyway let's bring on this guest hold on one second because i don't know who you are and i'm not even connected yet hold on a second one second let me connect this all right what's going on in your life i don't hear him
i don't hear him can you hear me i didn't hear you say that again can you hear me now i hear you now who's this uh hilly billy hilly billy what's going on man how's everything going pretty good buddy how about yourself man i can't complain i can't ever complain i woke up today nothing to complain about well
i see that we have a uh headstrong community that's ready to run through and uh bring this whole movement to structure which which what are you talking about which which community the white bull movement i mean like yeah the white bull movement community okay no listen i like i said before man i haven't i haven't picked anything yet uh but the one thing that i have done is
say that there is a movement coming there's 100 percent of movement coming absolutely yes and whatever you whatever you plan to go with where i see that a lot of people are ready to go with you i know that and i and i definitely appreciate you guys i 100 appreciate anybody that wants to be a part of healing the fucking trenches and and and having us take
having us take this shit back already if you're tired of all this bullshit you're tired of having 14 15-year-olds tell you what the new meta is the vcs tell you what the meta is the the cabals tell you what the new meta is then like this is for you we are we the people are the catalyst we don't have to wait for anybody it is us who can go ahead and change the way we operate we can go back to how we operated
back in previous cycles where it used to be fun it used to be fun we can make it fun again and we can bring more people into this can bring a lot more people into crypto the right way so i'm just happy i'm happy that there have been a lot of people who have absolutely taken to this so shout out to you guys this is my first year really getting into
mean coins and it's good to see a structured structured thing fathom out like the white bull movement because i mean it's just changed to that look at crypto itself it could really reach all parts of the earth with it as in my take on it and i know that we're uh we're ready to go with you buddy thank you very much i appreciate you calling up and
i mean i hope you have one hell of a time here uh in the next few months when the charts go from bear to bull so shout out to you thank you so much for the support really do appreciate you bro yes sir i love your uh show too buddy i'm gonna tell you that too thank you with all the stuff that you cover and all the breakdowns landi does and all that i hope you guys get some value from this
this is why i get up every single day 12 to 2 even do overtime to to go ahead and bring i i believe i i try to bring as much value as possible whether it's through me or the guests that come on here landi you've just mentioned the people that come on here they're they're laying out their thesis they're laying out their point of views
i i hope that is helping a lot of you guys i definitely take into it i like to um i look more into like uh how the stocks are algorithmically traded so yeah breakdowns of land what landi does is definitely gets into like more of the structure part of it yeah for sure uh keep watching and i and i appreciate you um tuning into the shows i really do it means a lot and uh
and i hope we keep you around i really do i hope that we bring enough value here that it keeps you around here watching the breakdown and any of the other shows that do air on this uh on this network hey man well i'm pleasure to meet you buddy same here talk to you i love i i love the i love the people man i i feel i really do feel like i'm the people's champ no doubt about it i feel i've always felt
that way i've always felt that way whether you love me i hate me man i show i am i am absolutely going to use that i am the most consistent thing in crypto bear market bull market i'm here i'm here and i could have easily gone and work with the cabals and the influencers and the nvcs and i've chose not to could have made my life a lot easier and i've
chose not to now i'm not asking for you to collapse because i didn't choose to go ahead and align myself with people that can care less about crypto or this industry not asking for a fucking metal a trophy i'm not asking for any other shit not at all just saying that hey that's the bycrypto i'm taking the unpopular approach
this is the craziest part i'm taking the unpopular approach of going against big money i am you can even say there are people who have reached out to me and said you're hurting yourself and you're brand by going against big money which is it could be true you're hurting yourself your visibility they'll make sure that you don't
get on to mainstream media anymore and talk about crypto legislate policy okay i guess that it is what it is i like being the underdog i have no problem with being the other i've been the underdog ever since i came into this space i'm fine with it i like this but i am perfectly fine in this position you know i wanted to say this for a while now
you know they say people have motion certain people have motion this one has motion this one that one this one that one and i kind of chuckle because these are the new kids on the block telling you who has motion who's who's the top dog in crypto i smirk i only smirk because it's funny to me because the top dogs in crypto if you want to know who the top dogs in crypto
are as i get sent if you want to know who the top dogs in crypto are you don't and you won't know them you won't know who the top dogs in crypto are because the top dogs in crypto they don't want to be seen or noticed that's right the top dogs and crypto do not want to be noticed. You won't know who they are. They're in the shadows making money,
printing every single day. That's why I laugh when people say, hey, this one has a motion that no, no, it's just the people with money decide to put money into that and have you dance for them. That's what it is. I'm being that that's dead ass. Anybody would tell you this. Anybody will tell you exactly what I just told you. You're dancing for people while they're just sitting back. They're just sitting back and they're making money off of your dancing. That is the truth. That might offend some people. I'm okay when I'm not brought up in the conversations. I'm totally
fine. Again, I like being the underdog. I've had people come onto the show and say, yo, the only person that can go ahead and save crypto or or that can move crypto is so and so. And I just like I sit here. I'm just like, it's a show. You guys have your title to your own opinions. Absolutely. Absolutely. Absolutely. But I like I and I think the OGs know. I think the OGs know and they understand. Hopefully all that shit made sense. You didn't call into the show 917-259-4417 Poland. We could talk about politics. We could talk about whatever it is
that's on your mind. Let's go real quickly though. Let me look at what's happening on Poly Market. Shout out to Poly Market, Poly Market USA. Let's go ahead and see what's happening in the political world. Then I'll go to FOMO. Well, let's stick on Poly Market right now. Political. Let's go look at the political stuff. Okay. Okay. Political stuff. Should we go political? Yeah. Let's do this. All right. Let's do the presidential election winner. Let's go ahead and look at this. And this is a no-brainer.
This is absolutely a no-brainer. And this is what's going to happen 100%. I believe that that this is exactly the outcome. Come come 2028 JD Vance will be the next president of the United States of America. That's right. And right now he's at 21%. 21% JD Vance, 13% AOC. And then you have Mark Rubio. Mark Rubio is at 12%. I am telling you, man, if you think the Democrats will not win the next presidential election, they're only the only time I believe they'll have a real shot at winning is maybe four years. Let's see. Yeah. You know, I'll say it.
Maybe after JD Vance's first term, they might have a shot if things don't get better under JD Vance. And if JD Vance proves to not being capable of obviously running the country, then the Democrats would be able to go ahead and kind of slide in there with an AOC or whoever. But they don't have anybody besides they've really even AOC, they don't have anybody who has aura. Like you need somebody with aura. Like JD Vance is going to win. You know when you can say JD Vance has some sort of aura, but like nobody from the Democratic Party has that aura to them.
I believe that wholeheartedly. There is no aura from the Democratic Party. There is none. And this is not a Republican or Democratic. I know I'm a Republican and you're going to think, oh my God, it's only because he's a Republican. He's no, I'm telling you, there is nobody that has the aura, let's say of an Obama. Like whether you like Obama or not, Obama had aura. He would walk into the room. It was instant aura, right? Like you can tell whether again, like him or not, well spoken commands the room. You don't have that in the Democratic Party. The Democrats are
too busy trying to cancel people. They're fighting within. You don't have a leader, a real leader. You don't have it. And nobody wants, nobody wants fucking to be a part of, I'm telling you, people don't want to participate in socialism. And you might think that people want to be a part of this new movement that the DSA has, but ain't nobody want to defund the police. Nobody wants to, who the fuck wants to, you want to defund the police? What's going to happen when you're getting robbed? Like if you are a critical thinker,
that is an idiotic statement to put out there and stands to be on defund the police. Listen, there's a bad cookie in every industry. Every industry that you look at, there's a bad cookie, okay? Bottom line. But most law enforcement agencies or most law enforcement officers, they're good people. They're going out there. They're literally going out there and they're giving up their lives every single day. Literally, I hate using that word. Oh my God, somebody, but at the end of the day, law enforcement goes out there every day to protect
us, okay? Most of them, 95 plus go out there with good intentions. They don't want to, I literally, I talk to, I talk to cops all the time, man. I'm out there. I'll stop by, let's say I stopped by a Starbucks not to get coffee. I stopped by a Starbucks, I stopped by a Dunkin Donuts. I stopped by a car meet and there's cops out there, officers. And we're chatting, they're normal people. They're absolutely normal individuals. They're not looking to go ahead and do shit with you. Like they're not looking to arrest you, find you, they ticket you,
they're not doing, they're not looking to do any of that stuff. But if you give them a reason, they will. If you give them a reason, they will. That's bottom line. Anyway, moving back to a presidential election winner in 2028, right now is JD Vance. And I believe it'll be JD Vance with a Rubio ticket. I mean, that's what it's going to be. Some believe of Rubio, like Landy believes if Rubio was the guy, then it's a definite lock, eight years. Rubio, eight years, Republican Party runs the White House. I think Landy said it's four years for
Vance. I could see it. I could see it. But let's see. I mean, we shall see. We shall see what happens. So shout out to Pauli Market, Pauli Market, the official prediction market sponsor of the breakdown. Pauli Market USA. You can always see me giving my takes on X when it comes to Pauli Market as well. So Pauli Market's on the ball a lot of times on a lot of this stuff, man. It's the people. You go on here to try to understand what the people are thinking. That's how I approach this stuff. I go on to Pauli Market to look at or to get a gauge
of what the people are saying. Not the pollsters who only call like five people and get three people to go ahead and answer and give their takes on a subject. But this is different, man. Anyway, shout out to everybody. Shout out to TikTok. Holy moly. I don't think we're limited yet. The visibility is not limited today. This is crazy. Oh my God. They're letting us roll. They're actually letting us have a conversation. They're actually letting the greatest one of the greatest talents of all time. I will go down in the history books as one of the greatest
talents when it comes to media, comes to articulating and breaking down subjects of all time that are letting me speak. TikTok. What a fuck. Congratulations to you. All right. So let's pull up FOMO. And I still have it on Augie. I went in, but it's just showing me. This is a test. It's really to me at this point now. You guys went ahead and threw this shit. You threw this shit into my chat a couple of days ago. I went in and then y'all, well, I don't want to blame you guys, but somebody y'all all
dumped on my forehead. Okay. You put your chin, you put your balls on my chin, and I didn't appreciate that. And I said, I would buy every day. I'd buy one soul here, one soul here. Bro, yesterday, boy, I think three souls. So like, I'm gonna stop at this point buying because I can see, look at the behavior. The markets are up, y'all are selling. What is this? But this is something that I'm buying. I'm putting into the collection. Bull Run comes. Who knows what Augie does. And how is Augie not flipping Toad? Respectfully to Toad. How is
Augie not flipping the VC back stuff over there? I thought the community was strong. I thought the community was about that life. Now it's more so I put the message out there. Let's see if the community got the balls to go ahead and flip. If they got the balls to flip Toad, which is basically a copy of Augie, which is crazy. Wow. I got plenty of time and plenty of patience. You know how many things I've gone into that they send? Like I'll go into them today and then they'll send six months from now. That's patience. You get into the right
place at the right time and you just wait and you're patient, you know, wait for, you don't have instant gratification. You delay it, bro, bro. It's an amazing feeling. Is it amazing feeling? Shout out to FOMO. This is where I'm at. You can find my thesis is on here. I'll buy, I'll buy, I'll be buying more stuff on here. I'll be buying a lot more stuff on FOMO as we lead into the bull market because I want to position myself real nice when we start going absolutely parabolic. Okay, we'll go through the roof.
I believe that too. I believe that wholeheartedly we are going to have one of the greatest cycles of all time. And I think it's the last cycle. I've been saying this for a long time. I believe this the last cycle for retail to do something to seize the opportunity, seize the motherfucking opportunity and front run the markets. Again, another one, Joshua, Pedro De Nero. I went ahead and called. I called Joshua three years ago. I called Joshua three years ago. Nobody was talking to me, me, me, me, crying cat, Joshua.
What's next? It's going to be Augie. I'm telling you, watch, watch, watch how it all plays out. Watch how it all plays out. I'm telling you, I've called this also griper. I bought that. The Jewish council is getting rid of me. I know the Jewish council is definitely going to rid me for that man. I'm out on that. But yeah, I bought that. That's because I agree. The wreck wreck to Kashi is a goddamn machine, man. I'm telling you, man, I've called these things, man. I've called them. I went deep into mean culture, man.
I was just way, way, way, way, way too early. Way too early. Way too early. Three years early. Three years early. Three years early. Anyway, we'll be right back. It's 23 minutes past, past time for the show. We'll be right back though. Maybe it was the idea of decentralizing a broken financial system. Maybe it was imagining a world where people own their own data and get to sharing the value it creates. Or maybe it was the promise of a fundamentally better way of connecting, communicating and
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Socialism does not work. Digital assets. Is it better to move money at the speed of light? People are greedy when they also try to acquire gold. I am here providing electricity and that energy that is necessary. I am the Moner Dave Tony. Welcome back. Welcome back. Welcome back to the show. It is Wednesday, August 19, 2026. My God, summer is over. Summer is almost over. Yeah, that's crazy. Summer just went by like that, man. Summer really fucking flew by. Well, welcome to the breakdown. Sponsored by Midnight. Midnight is the title sponsor.
You got PolyMarket. PolyMarket is the official prediction market sponsor of the breakdown. You also got Cake Wallet, one of the most secure wallets, one of the most secure wallets in our industry. Look into also Cupcake. If you want to back to restore an old iPhone Cupcake, look into it. Cakewallet.com. Also, FOMO.FOMO.FAMILY. You want to go and look at what's happening, what the traders are trading. You want to front run or understand why people are going into certain memes. Go look at the theses behind the minds that are trading these assets,
FOMO.FAMILY. They're cooking. They continue to push update after update after update. This is why I've been super bullish on them. This is why I've talked about them before they sponsored the show. Before we came together to sing kumbaya with each other. This is why. This is exactly why I went with FOMO when I had offers all over the table. I went with FOMO because I see and I agree with somebody when they made this assessment that C is, he reminds them of a young CZ. Honestly, he does. He reminds me of the
he does. He's out there. He's constantly answering questions. You would think they've raised so much money. They have so much money. They've built a phenomenal product. They can gatekeep themselves and not talk to anybody. He's out there talking to people with 52 followers. That reminds me a lot of CZ, the way CZ operated. He talked to people with 52 followers, 300,000 followers. It didn't matter who you were. He's out there talking to you. So that's why I fuck with FOMO. All right. Here we are. We are 30 minutes past the time.
A lot of for this show. I might be on a Rob show today. Rob Nelson has a show that goes on Mondays and Wednesdays, where he talks about the most trending topics in our world today. That plays at 8 p.m. That goes live at 8 p.m. Eastern Standard Time. I might be joining today. I might be joining. I hope he's not disappointed. He's got to do a few things, but I might join. I don't know. We'll see. We'll see what happens. But if I do, I'll let everybody know that I am participating. I'm getting mad comments right now. David, are you going to tell the people what
the White Bull... The White Bull movement is bigger than anybody. I have already said this multiple times. The White Bull movement is bigger than any token, bigger than anything. The movement is just bigger than anything. And I said, ultimately, I will... Everybody can go ahead and say whatever they want. And I say that respectfully. But ultimately, it's me who's going to decide what direction I go into, period. It's my brand. It's me. And it's me being a leader, me trying to do something that is absolutely going to be 100% tedious. It's day in, day out
type of shit, brick by brick, working and taking God knows how much shit being thrown my way. So I appreciate everybody's point of view. I appreciate everybody talking and giving their opinions and feedback. But ultimately, I've said this already. I said this from day one. It is up to me to decide. And it will be up to me to decide because it's my brand. Just like if it was anybody else's brand. I would not expect you to listen to me into making whatever decision it is. So again, don't take that for what it is. I don't know how many times I have to say that
too. I feel like I hate repeating myself. Because then people are like, oh my God, what's happening is I haven't said anything. That's what's happening. What's happening is is that I am 100% going to move forward with a movement. White Bull, that's my personality. 100% my personality. What I what it's named, what it becomes, which contract I select, that's up to me. It's not going to be a camp. People can't force. I don't know how many times I have to say this. Nobody can force anything on me. If you guys are real about following, I don't want to say
following, but coming along for the ride, being a part of something special, then it doesn't matter what it is. Like it really does not matter what I then select. That's it. I don't need to do. By the way, I don't know how many times I have to tell people this. I don't need to do this. I didn't ask for this. I don't need to do this. But it came at a moment where I said, yo, you know what, we need to, we need to bring people together, man. We need to heal the space. I need to do something. Last ride, Michael Jordan type shit, I got to do something. And that's why
that's why I'm participating. Because I know I can be the difference maker unifying the space, bringing people together, making our space great again. I feel like making our space great again is that that's how I'm looking at it, making our space great again. What we're used to what I'm accustomed to, what I'm personally accustomed to, not this fucking spamming fortnight culture that I can't stand. I can't stand this shit. And no VC bro that just came in here. No fucking no cabals that just came here two years ago.
Motherfuckers just graduated and you're going to tell us what to do. You're going to tell the entire crypto space what they're going to do. No, no, no, no, no, that's not how it works. Been here for a long time. The OGs will rise up will change shit around. We are going to change shit around. That's right. Anyway, thank you for tuning in. I appreciate everybody who tunes into the show every single day Monday through Friday. God bless everybody, man. I really do hope that we all work together. We all unify.
We all showcase. And that's one of the biggest things that I also said was showcasing the real project. My entire intention the entire time was to buy memes and showcase them on my platform. And here we are. So here, here we fucking are. But that was the whole goal is to showcase memes, buy memes, showcase the creators. That's still the goal. And I'm a win. I'm going to win big. I'm going to win big from a different perspective. You guys are looking at gains.
I'm going to win big. My mind is bringing and healing the space and going back to what we're accustomed to. The more calls you make, oh, yeah, 100 percent. I know what, look, I know by taking this approach and the stance and not being a part of the cabal and not being a part of the click that it hurts me. But I'm okay with that because I don't want to be a part of that. This is not crypto. This is literally not crypto. You got people clapping for producing the VCs. VCs did this.
They wanted to see contracts being pushed out there where people can create contracts every single second and put them out there, dilute this fucking space. You guys, you don't even notice. They're, they're scyopping you. The only people that are making money are the platforms that keep saying this. You're not making money. It's the platforms that are making money and they want that. They want you to game. They gamified this entire system for you to play this system like it's like it's a casino, like you're in a fucking casino.
You even had one of the co-founders say that he doesn't believe in decentralization. And here we are. The OGs work their asses off for decentralized. I'm not saying centralized components can't be in decentralized components. I'm just saying in general, motherfuckers just want a centralized component here completely. That's not why we left the centralized world. It's weird. It's weird. Anyway, thank you for tuning in. God bless everybody. See you back here tomorrow. Tomorrow's guest Charles Hoskins. Cardano midnight. We'll talk
about SEC with the SEC regulations that were put out there. We'll talk about the clarity act. We're going to dive a lot deeper. We'll have a real real dope ass conversation with Charles as we always do because they ain't nobody can that can interview him like I can we talk we talk like we get it. You already know you already know what time it is. Anyway, on that note, thank you very much for tuning in. I already said that. Thank you to the sponsors. I'm out. That was supposed to be I'm out. I'm out.
Transcript generated automatically from the live broadcast and may contain minor errors. The Breakdown with David Gokhshtein streams live every weekday — listen and subscribe.