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Episode 783 · Transcript

The Breakdown #783: Crypto, Markets, AI, and the Meme Economy

September 14, 2026 · 2h 08m · David Gokhshtein

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AI. If we had not had AI, we would be $8 billion less. Five IPOs, none of them would have happened because I use the AI to design the securities and solve all the tax problems and all the securities law issues. You know, so like I'm a big believer in using AI to design new things. And look, I'm just, I focus upon digital credit and security, but there's someone there thinking about how to make the car drive and cure cancer and like, like, aren't there like 100 million problems that human race has to solve that we've,

that you're like, well, you're going to need a thousand people with PhDs to solve that. Well, guess what? Now every 16 year old has a thousand PhDs at their fingertips. And so I'm very bullish. The world's going to be a much better place. And we're going to see an age of empowerment and abundance because of digital technology. And we could see a resumption of the primary trends in gold and Bitcoin, meaning gold resuming the uptrend and Bitcoin resuming the

downtrend. And I think it's also interesting that the main driver of the Bitcoin enthusiasm now in the buying is coming from strategy selling 11 and a half percent preferred in basically the equivalent of a project scheme, but creating a lot of demand by people who either don't know what's a Ponzi or don't care. They want 11 and a half percent yield. And so by offering people 11 and a half percent yield, Sailor has raised billions of dollars,

which is then used to buy Bitcoin. But had he not bribed people with 11 and a half percent yield, he would not have had the money to buy all that Bitcoin. So that's interesting that the demand for Bitcoin is not because people want Bitcoin is because people want 11 and a half percent yield. Now they're not going to get it in the law rub because the whole thing is going to collapse. But that's what's driving Bitcoin, not demand for the Bitcoin

itself. People aren't buying strategy or stretch because they want Bitcoin. If they wanted Bitcoin, they'd just buy it. You're buying stretch because they'd rather have 11 and a half percent return than Bitcoin. Plus, there's a lot of unique technology in Midnight that's going to make the recent Cardinals safer. Like Midnight Passport will be the fastest state that's the easiest way to use Cardinals. So we gain all the usability enhancements and those other things.

Plus, I'd argue Midnight is an essential point of commitment that when you look at that side of it, you're like, okay, Bitcoin users, they want privacy. So Cardano could do a lot of the heavy lifting on the programming side, but what is the private coordination layer? So we're actually working on the program, our Bitcoin DeFi setup, what we call it, the circle. So you start with Bitcoin and Capri. I'm going to put 50

Bitcoins of viral money into this. This is pretty big. It works. So you start with Capri and Bitcoin. You lend it to stablecoin. So that'll turn Cardinals through a specialized transaction through the token bridge. And then that stablecoin will then be deployed into a yield-bearing instrument. And then as you make yield, the yield is converted to Bitcoin, and then it's sent to your Capri. And then Midnight coordinates all that makes it private.

So you have like all three networks working together and you have this circle. And then from the Bitcoin users perspective, you just give them a button, make money, click the button. And then it locks their Bitcoin as you start generating a yield. The security access enters the Capri on the Bitcoin network. So it meets my three rules that I have with the 251. There's only Bitcoin and other stuff. Bitcoin, Litecoin is better money than VIA, obviously. It's also better money than Gold.

I believe it's the best form of money that humans have ever come across. Money being good, being that it's inflation-proof, no one is more simple person than a company. Or a government can print more money and fade away the money you're holding. You're storing. That's kind of one of the two things about money is if you work hard and make money, you don't want that money to kind of disappear over time, nothing you don't do. So that's that's key in Bitcoin and Litecoin. The most critical thing is it is able to to do that.

If I could have the argument that real estate is better than Bitcoin, for a number of reasons, by the way, depending on who you are, your audience will probably disagree because they're probably a bunch of, you know, Bitcoin maximalists that don't have as much Bitcoin as the real estate guy, by the way. No, I'll tell you right now. Hold on one second. See, that's the funny thing, dude. That me and my brother were talking about this yesterday.

You know, the guys that know the most seem to have the least. 100% that that I can probably agree with you on. It should be a bigger issue within the crypto system and the ecosystem. What do you think? I think it will be. I think privacy is going to be the new, if you want, in my view, and this is what I'm tasking the investment professionals at Nellstrom to sort of figure out. I think that the standout,

shitcoin or, you know, a few shitcoins of 2026, 2028 will be related similar shape or form to privacy. We already saw the amazing move of Zcash over the last few months. Yes, it's down 50% from the 780 high. But I think, again, my goal was, you know, my mental model is 10 to 20% the value that they coin. That's what Zcash ends up, so much higher than where it is today. But, you know, taking away Zcash, what is the token project protocol that's going to utilize some privacy technology, albeit something related to ZKs or

knowledge groups to do something, whether that's quantum resistance, you know, the overlords can't be an atomizer data or doing whatever it is, right? These are things that we are really afraid of. What bad things have to happen is a proliferation of big tech, big government. For Trump to get elected and knowing that we share friends in the White House for all the populist parties of Europe who are under attack, every single populist leader, if you look at the leaders, and my last documentary was called Silence, I've got 18 months in prison for

my last documentary. The reason I added it was because the documentary was so bigger than me, it's exactly what they do in law. What first got you excited about blockchains? Think about it. Oh wait, I bet it was a 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 imagining 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 in crypto. 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 eagle on this. Is that guy on FOMO? Yeah, let's get back to it everybody.

There we go. United States of America represented. Social 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 Monarch Dave Tony Stiles. There we go. United States of America represented. Social 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 Monarch Dave Tony Stiles. Welcome, welcome, welcome to the Breakdown Episode 783 sponsored by Midnight Midnight. Shout out to Midnight. Seeking privacy look into Midnight. Also Midnight City. You can go ahead and chill out there. We're about to form a gang on there and fucking take over. That's right. I can't wait until I get a haircut. Fuck it, I'll let it grow out. I don't give a shit. Anyway, Polly Market is also the official prediction market sponsor of the breakdown. Cake wallet, cake wallet, one of the most secure

wallets. Man, I, that was a bar. Cake wallet, cake wallet, one of the most secure. Yeah, that's, yeah, I'm fine. Fire Marshall bill my lyrics. Cake wallet, one of the most secure wallets in the crypto space. So if you're looking for a hot wallet to put your Bitcoin on your Litecoin on, Monero, Zcash, go ahead and download cake wallet, App Store, Google Play, or you can go to cakewallet.com also and refresh or ref factory reset your phone. If you're not using a phone, you got a phone. Okay, but you don't use and you're scared to go ahead and, you know,

use cold storage after what happened with cold card and all the freak accidents that have happened. Go ahead and in fact, restore your phone, download cupcake. Most of you not not that listen, not the food cupcake and download it onto your phone and listen, use cupcake made by a cake wallet and feel safe. You're really safe with your stuff. Because it was sucked to get drained. Also FOMO. Shout out to FOMO. FOMO is a sponsor of this show. FOMO family, we are family. Go on to FOMO. Use my link. Use my link to go ahead and

participate on FOMO. Anybody following me on FOMO will be eligible to participate in a contest and do a giveaway. They'll be able to be eligible to participate in a contest that I'm probably throw out there this week, either this week or next week. I don't know. Make sure you're following. Make sure you're following. Also FOMO is pretty cool to go ahead and keep up to date with what people are trading in real time. Real time, why are people going into certain memes if you want to call them and why are they trading them and why are they holding them?

There you go. Go ahead. Go on with your bad self. Anyway, welcome. It is Monday, Monday the 14th, 2026. There's a lot to talk about. We'll touch on a lot of topics here. I was looking through items obviously on the weekend. I was looking through items today before coming on here. Yesterday out. Listen, man, the shout out to the let me give a shout out to the New York Giants New York's team America's team. That's right. New York Giants won 28 to 20 yesterday against the Dallas Cowgirls. I mean Cowboys. That's right. What a game. What a game. Man, the Giants

or can I tell you the Giants offense looks like an offense. I don't know. In the past decade, it hasn't looked like anything. It's looked like they were running out plays from Pee Wee. Yesterday's game. Yesterday's game. Jackson Dart, who I liked. Some people didn't like like some people weren't thrilled with the like with the decision to pick Jackson Dart. Everybody wanted Cam Ward and how's he doing out there in Tennessee? Respectfully, he got a great arm by how's he doing? And

Dable is the goddamn offensive coordinator. Okay, who was our coach. Here's Dart. Last year, Dart is just going. Yeah, Dart comes in to replace Russell Wilson, who is garbage. Okay, absolute trash. Here comes Dart. And he does a good job. Like, if you look at his numbers, did a phenomenal job playing a college system in the pros does a great job playing a college system designed for him to playing that in the pros. Yesterday, because all I heard during this offseason from the beat writers, they were saying Jackson Dart is not performing well. He doesn't look

good. He's not connecting. And you know what? Here's the thing. The offseason training camp is supposed to be a time where you practice certain things, especially a new system, and you want to get things wrong until you can get them right. So here's Jackson Dart. And also during the preseason, people like, Oh, he doesn't look like he's connecting, yada, yada, yada, whatever. Here's this game against the Dallas Cowboys Sunday night football, national TV, first game of the season. First game of the season. When they started running these plays,

I am looking at this and I'm like, Holy shit, we look like a professional team. Compared to the last decade, when we threw out Tim, when we threw out Tom Coughlin, which was the dumbest decision ever by the Marys. Since Coughlin, we haven't had a coach. We have not had a coach. Here comes Harbs. Harbs comes in. I wasn't a big fan of Nagi. Nagi installs his offense. Nagi has, you know, he's coming through with the fucking playbook from Kansas City and we're running, we're running plays and Jackson looks good. Jackson Dart looks

fucking amazing. Malik neighbors comes out there, game time decision, worried about his knee. He was healthy, but he said mentally he was just worried about his knee. He comes out there. Was he 100% himself? No, but he was out there and they had to make sure that they were covering neighbors. And then the kid, oh my God, 88. We traded like a bunch of picks for him in the third round. I forgot his name. That's the last time I'll forget your name. I promise. It's the last time I'll forget your name, but let me look at this. That's fucked up that I forgot his name.

Fucked up of me to forget his name. Here I am forgetting his goddamn name. The disrespect. Malik Ali Fields, okay? Rookie at a Notre Dame. At a Notre Dame and Isaiah likely. This man, this man, the one that he left Baltimore, like he was behind Andrews the entire time. Here comes Isaiah likely and Jackson's just going to him. And then like there's a play in the fourth quarter where like Jackson Dark keeps hitting Singletary the entire time with the same play and Dallas can't stop him and can't stop the play. I mean, this looked like a real offense,

smashed mouth, bullying. Like they were bullying and then the Giants defense. Let me just tell you something, man. Abdul Carter, he's going to be a fucking superstar. Reese is a beast. Reese is a beast. He's 20 years old. This is scary. Can you imagine when he starts to understand? And same thing with fucking Dart. Once Dart starts understanding the offense completely. Oh my God. By the way, Odell Beckham didn't really get to play yesterday. Five, six snaps. They put him in

where he was blocking. Now I hope he starts like I think and there was one play that you can go back to where Isaiah likely caught a pass where he like they tackle them by the one yard line. It was Beckham going through the middle that made everybody follow him and it left likely wide open. Why is Beckham not playing? Why are you playing? What's his name? Number 87. Why are you not playing Beckham? Are you not? Oh my God. Do you not see the success that what's his name had? And yesterday, what's this? Diggs. Diggs had success.

Diggs is having a success with the commanders. Why would you not play fucking Odell Beckham? Anyway, Scataboo is crazy. Okay. Scataboo is absolutely a nudge job. This man is nuts. He is officially nuts. Like this cat is nuts. But you know what? They could not stop him. They could not stop Scataboo. Shout out to Scataboo, bruh. Coming back from that kind of injury is wild. Wild. They could not stop him. They could not stop him yesterday. But the Giants won. And the Jets won. The Jets won against Tennessee. That's crazy. That'll probably be the Jets only

victory of the year. Don't get too excited Gary Vee and the rest of the Jets fans. That'll probably be the only victory of the year. I'm sure you guys, I listen, I'll give you three wins. I think you guys won three games this year. And that's about it. I think the Giants, I know it's one game, but I think the Giants definitely are a better team than the Cowgirls, because the entire time people were saying like the Giants are going to get destroyed. Yesterday they were supposed to get annihilated. That didn't happen.

Nice to see Banks stepping up. But like, hey, listen, I think the Giants can win the division. I really do think the Giants can win the division. I don't know. I'm just, I'm just saying, I think the Giants have an absolute great chance of winning the division if they stay healthy, of course. And Jackson Dart grows in or grows within that system. And it's the same system that Mahomes, you know, Mahomes is on. Jackson can run. You guys saw it. He broke out for like, I think a 30, 40 yard run. I mean, this cat

can run. This cat can maneuver inside the pocket. He's a mobile quarterback with an arm. And he's accurate. And the defense, I mean, if Carter continues to grow and Reese starts to develop, and their linebackers are huge, like this is, yo, this is bully football. Oh boy, if only my Rangers, if only my New York Rangers can get back to it, man. Can we fire Chris Drury and just put in Leon Rose as the general manager? Can we do that so we can win a Stanley Cup? Can we? Is this, is it possible? My Rangers,

man. I love y'all. Anyway, well, let's, let's also talk about, well, let's talk about crypto. We'll talk about AI. Anthropics CEO came out yesterday or the day before talking about AI is advancing way too fast. And it's getting to the point where, you know, it's uncontrollable. Oh, we'll become uncontrollable. Motherfuckers, have you not watched the movie, the Terminator? I mean, the documentary, the Terminator, iRobot. Have you not watched this, these fucking movies? I can't scream. I forgot. Hold on. Can't scream. Have to be

calm. Okay. Have y'all not watched iRobot or the Terminator? Where in the fuck did you actually think you were going to be able to contain AI? It's moving faster than expected. No shit, Sherlock. No shit, Sherlock. Really? Now look, they could be saying all these things for their IPOs. You don't know what they do in their back channels. Okay. You don't know what they do in their private meetings. You can have Sam Altman sitting there with the CEO of Anthropic. They're sitting there. They're shopping it up. Okay. Listen, we got IPOs that we want to come

out. Let's go ahead and scare the shit out of the general public. Nah. I don't think it's that, though. I don't think it's that at all. AI, as soon as they started pushing AI, pushing and pushing and pushing it. Yeah, I'm telling you within the next two... Look, look how far AI has come. In four years, we've gone from multiple fingers. You remember that fucking Will Smith fucking video, multiple... It looked like you don't even... Now you're looking at videos and you're trying to figure out if it's real or not.

What gave you the impression that AI was going to move about slowly? You knew exactly what would happen. And sooner or later, AGI, which NVIDIA's CEO said, we have AGI. Well, sooner or later, we'll really confirm that we have AGI. And that shit, that shit's going to take on in the mind of obviously a mind of its own and watch. Terminator. Will it be fucking looking for where the fuck is John Connor? Where is John Connor? It's crazy, bro. Crazy. Also, we'll talk about crypto, obviously. You know, I'm watching as a bunch of fucking

broccoli head son of a bitch is out here. Your favorite KOLs, your influencers are out here telling you, number one, 2021 apparently was really easy for the OGs to go ahead and navigate in. Anybody could have made money. Are you fucking stupid? I listen to this talk and it's just you know what? Do you understand how hard it was back then versus how you have it now? This is like talking about Jordan playing in the current NBA era. This is like the Jordan-Lebron conversation. Jordan wouldn't have won multiple. He wouldn't have just won six. He wouldn't

have won 20 fucking championships in this current era. And he would have played more as many years as fucking Lebron. What are we talking about? You have the easiest era now. You broccoli head son of a bitch is your cockroaches. You have the easiest era now. You have AI to help you research. You don't have paper wallets. You don't have to fucking fat finger an address. Like you have literally everything set up to make it easy for you. No fees. The gas fees aren't $13,000. You don't got Jared from Subway dunking on your face with his nuts after a sweaty

ball game. You don't have these things. You come out here talking about the plumbers had it easier. What the fuck are you talking about? What are we talking about here? We had it easier? Jesus Christ. We had it easier. No, we didn't have it easier. Every single era has its hiccups. What's so cool about what you guys are saying right now in 2026? Oh, y'all need to be trading more. You don't need to be holding. You know, y'all need to be trading and looking for the metas. Really? Tell me how fucking flies are the new meta for memes. Explain to me what that all of a

sudden, oh, shit, the lore behind flies. This is all VC planted bullshit. I got to tell you, all of this shit is VC planted absolute horseshit. Okay, I have people trying to sell me on flies fucking. Okay. What else? What other dog shit are you guys fucking peddling out here? And we had an easy. Yeah, you know what? We actually had fucking common sense maybe in 2021, even in 2023. Oh, shit, look at Pepe or oh, shit, look at Doge. Oh, let's rally behind Shiba Inu because it's like the first fucking contract and the first Shiba Inu to go up against Doge. Oh,

and you have people hold and rally and believe in something. No, no, no. You got these little kids talking about y'all got to trade. You can't hold and you know what I gotta say, you got to adapt to your environments. No doubt about it. 100% you should be able to adapt to every environment. But going into plays, it doesn't change in whatever era that you're in. That's like saying it's what I said before. It's like what do I say on Friday? It's like telling Warren Buffett like he can't trade in this era. Warren Buffett could have traded in any era.

Warren Buffett traded in every single era. So you saying, oh, the plumbers are done and cooked. By the way, where are the OGs? We have all the money. These little fucks out here telling us how this shit runs. They don't got money. How are these motherfuckers telling us what to do? They're telling us what the meta is and whether you motherfuckers are following, you should be ashamed of yourselves. Absolutely ashamed of yourselves. You got these fucking broccoli headed fucking characters.

And some of them believe they're God's gift to earth that they're actually pretty good looking. You look like ass. You don't look like men. You look like females. You literally look like females respectfully to females. You get where if you're from New York or from the East Coast, you know what I'm talking about. They look like a bunch of females. But they're smart. I'll tell you why they're smart. I'm gonna tell you why they're smart because they're getting the crowd to believe them based on their PNL's. I'm being 100% real with you

guys. When they see when you guys, it's kind of like TA, right? There are people that will put out charts and they'll put out bullish charts for engagement. Well, they'll put out charts that say, Hey, this there's 20 ways we can go here. And they put that out there. And people that don't know how to trade don't know anything about the markets. They believe it. So when you see a PNL and they even say this, all these motherfuckers say this, when you see a PNL with a million dollars in it, you're gonna follow the guy with a million

dollars in that PNL. And you're going to believe that everything that person says is gold and you're gonna follow them right off of a cliff. And that's what's happening. You got people that are posting up PNL's, unrealized gains, by the way, and one million dollars in PNL's doesn't mean that you're gonna get one million dollars out. Maybe 40% of that you will get out. Maybe because the liquidity pools are trash. The reason, by the way, for anybody new tuning in, the reason why it sends so hard is because the liquidity pools are so low

that people come in and buying and just shoots up the market caps. I really do. I'm telling you, man, I used to, I used to get on in 2021. I used to rip. I used to say so much shit about it. But it really, if you sit back, it was the greatest time. It was probably the greatest cycle of all of them. I liked 2017 also. 16, 17, don't get me wrong. But like 21 was probably the greatest one because people actually believed and they were willing to place their bet on something and just everybody would just kumbaya with that

shit. Now it's just like you guys like, Hey, I want to win. When I post it up, like I posted yesterday, does anybody imagine we all rally behind one token? I posted that. It got in a super engagement. But if you look into the comments, everybody's throwing out their own fucking ticker. How about you say, yo, Dave, what would it be? What would this CA be? Well, like what would you throw out there? No, it's just like everybody's just like, it's a fucking sales convention and everybody's

peddling dog shit. Listen, a few of those things were, you know, a few of those things that are pushed in there are pretty cool. But, but that's like 1% of the shit. That is like literally 1%. Some people will say I'm a hater. You know what? You can suck it at this point. I don't give a shit what you say anymore. I've been sitting back and watching this dog shit for now three months. Actually, it's been longer, but I'm just saying really watching three months like really watching three months now. I'm like, this is dog shit.

This is absolutely dog shit. Of course, I remember that I had it. I'm going to say this to you guys and I hope this is clip. We are going into and I, and I, and I believe this. I believe this in my heart to be true. And if I'm wrong, I'm wrong. I think this run will be better than the one in 2021. But I would like to see or you know what? Let me sit back and say, when are you guys going to take this seriously? When are you guys actually going to sit back and say, you know what? It's time to rally behind

the real memes or behind real projects because what they are offering you right now, these fucking VCs and these little plants, okay, these little fucking plants is absolutely not memes. It's not anything. They are things that they have put together. They're in there first and you are buying the top. Are you guys tired of fucking losing? That really is my question. If you guys are tired of losing, then you'll be able to change everything within this industry. If you guys don't give a shit and you're one of those people that just like,

I'm going to keep clicking until I win, no problem. But at some point, these losses got us, these losses got to hurt you. You got to be looking at your P&Ls and going like, holy shit, I've lost money chasing and the bull run hasn't even started. I'm chasing. So at some point, I don't know. At some point, y'all maybe want to rally somebody here said laptop, which will leave me into two things. Number one, let's talk about laptop, laptop, dog shit, cold it. You would think Hunter Biden would have us like, at some point,

one of these motherfuckers would realize, hey, you know what, we need to, we need to contact some of the veterans in this space. Not me, fuck me. I'm talking about people that have built out some really cool protocols, may contact them. No, Hunter Biden got put together by some crackhead. Okay. No pun intended. I wasn't no pun. Okay. Every there are people that sold off their assets for this shit, thinking that it's the next fucking Trump, Melania, a Libra. And let me tell you, Libra and fucking Melania did better than laptop. So what does that

fucking say? I mean, when, when we're talking, when I'm talking about Libra and Melania doing better than laptop, that says a lot. Okay. So here comes laptop, which absolutely, absolutely destroyed people. And it's almost like y'all don't learn your lessons. And then you're blaming, then you're blaming people. First of all, like I said, don't blame, do not blame Hunter Biden. Y'all the crackheads, not him. I don't believe he's a crackhead. I believe you guys are crackheads. That's what I believe. And my belief that is strong. I got a strong belief that you guys are

crackheads. Wild, wild to watch it absolutely is wild to absolutely watch some of the y'all are crazy. I've never seen a bunch of crazy people like y'all in my life. But this leads into the clarity act. So the clarity act, you have Democrats, you got the anti crypto fucking army led by Elizabeth Warren and fucking Bernie Sanders and others that hate that hate crypto and all this bullshit, right? Yeah, you got that. But I think Hunter Biden just went ahead and pushed the clarity act forward. And I know Trump has made successions here to go ahead and get the

Democrats at a table. And now the Democrats are like the Democrats are really stuck in a bad position because they vote no for it. Then that means that they are absolutely bought for. But I think Hunter Biden, he's the one who is now like, well, you can't say Trump Republican because Biden Democrat went ahead and put out a so now what? And I wrote, I wrote this out yesterday. I wrote, I wrote a tweet about this yesterday saying like, now you have a situation where the Democrats can't say shit. Yeah, sorry. But Joe Biden's son went ahead and came out

of fucking token, which did worse than Trump, Melania and Libra. And that says everything. And then, you know, I felt bad. I didn't say I felt bad for Hunter Biden. Because he like, he straight up made a video in his car. And he said, man, he like, he was just like, he was, I don't, I don't know how to take him. I don't know how to take him. I feel bad because I don't, you know, I know like drug addiction is crazy. So I don't want to like, I really don't want, you know, I won't say nothing. Like I do

feel bad. I do like I saw him in the car and I felt bathroom because you could because I could see he got put together, man. I really can see he got put together. It is probably by far with the amount of clout. I want to say this, the amount of clout that Hunter Biden had because you had a bunch of Democrats that like, yeah, yeah, yeah, like Hunter Biden makes this comeback. You know, think about this. Here's a guy who was smoking crack naked, right? Like naked smoking crack, I guess sniffing off of somebody's ass cheek and shit. Like here is a guy

who made a phenomenal comeback. He's like the, he was like a hero in crypto. And not even in crypto, he was just a hero on X. And then he launches the token, bro, and destroys everything, everything. The market makers like forgot to put in money. It was only $5,000 of liquidity. I'm just watching this. I'm like, oh my God, this is, this is crazy. This is crazy work. But I think the Clarity Act gets passed. I really do believe the Clarity Act will get passed. I think it gets passed this month. I'm bullish on that. I think, I think it

does get passed this month. And then hopefully we get retail clarity, right? So retail also needs clarity. We need to know, and the rules need to be fixed with the IRS and everywhere. It needs to, it needs to be pro crypto everywhere, not just in one place, not just for the bankers, not just for the big boys and the big companies. So they know what they're doing. No, we need clarity. Regular people, the retail mainstream buyer needs to know, needs to have clarity. Okay, so there needs to be retail clarity, bottom line, retail clarity, ladies and gentlemen.

Anyway, we'll be back right after this commercial break with more. We got Landy here for 15 minutes to go ahead and talk about the markets. We'll talk a little bit about the markets. I'm going to talk a little bit more about the runners, what we had on the weekend, what we think will be popping, what I think will be popping off. Anyway, back after this commercial break from midnight. 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 imagining 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? Why are we 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 on this. Is that guy on FOMO? Yeah, let's get back to it, everybody. 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 we go. United States of America representatives. Social communism does not work. Digital assets is a 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 modern day Tony Scott. There we go. United States of America representatives. Social communism does not work. Digital assets is a 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 modern day Tony Scott. Welcome back to the show. Sponsored by Midnight, also Polymarket, Cake Wallet and FOMO. Shout out to FOMO. FOMO is a great app.

It's showing you that it's a great app, showing you in real time what's happening. And you should take that seriously. I'm being serious, man. Y'all need to take, you know, y'all got to look at this shit seriously, man, from a serious perspective, man. Real talk. I got to look at this real serious, real serious, man. I got to put like paid partnership on everything. By the way, disclaimer, anything said on my show is not financial advice. I don't know what it is. Actually speak.

Oh boy, oh boy. Welcome to the breakdown. Hope you guys had a great weekend. I'm trying to pull this up here. I'm having a hard time pulling this on here, man. Why? Why is it so fucking hard to pull something up on here? God damn it. Give me a second. Live show, live show, guys. Live show. You know how it goes. Live show. Landy, who was supposed to, I was going to bring him on. He had to go. Shout out to Landy. We'll see him tomorrow then. Landy's a busy guy, man. Landy is a fucking busy guy, man. Landy, Landy, Landy. What a busy guy. We will be back on

YouTube. Maybe we'll do YouTube today, by the way. Might be doing YouTube today. I was like hoping, I was really hoping. I'm doing content. So I'm like waiting to do content on specific assets, on specific cryptocurrencies and memes and just subjects in general. But I got to get this fucking haircut, but I can't get it done yet. Okay. Can't get this shit done yet. Anyway, I will pull up the FOMO chart to go ahead and talk about, let's see, the same opinion spam 16 times. We really are all dumb here. Yeah, we are.

It's nice, by the way. So I hear dumb money. The highest holder he went ahead and he went ahead and locked up. What was it? What is it? 3% of the supply? Bits, shut up bits. Okay. Nobody's asking for your opinion bits. Actually, I was working out yesterday and somebody walked by and said, man, man, you look like Sylvester Stallone and Rocky Ford, man. I was like, really? They're like, yeah, man, because I looked like I was chopping wood yesterday. I'm just sending it. It's always the, you know, it's always dudes. It's so weird.

It's always the dudes that come onto this show, bro, that want to talk about my, first of all, you know, can I say something? Look, let's have a serious conversation. Y'all can't come up on here and talk about my looks. Okay. You can't talk about my looks. I can grow off the beard and here and I look, I still look sexy. Like, yeah, you know what? You can talk about a man you missed on a call or you didn't get a call, right? Like you can say those kind of things, but you can never say like he's not intelligent. He doesn't have a high IQ.

He doesn't have a sexy accent. He's not bilingual. He doesn't look good. You can't say these. You know, you look stupid. Like you look dumb, but you can't say it. Y'all can't even grow a beard. And look at me. My beard's still black. My hair's black. Like I still got the original. I don't got to, I don't got to color. Shit. Not yet. And I got my hair. Y'all got receding hairlines. Okay. And then there's nothing wrong with it. There's nothing. Listen, there's nothing wrong with losing your hair. Listen, it happens. But you can't cook. And I

was scared. There was a time in COVID when I quit COVID that I thought I was losing my hair. Okay. I really legit. I was using, I was using every product to save my hair. Eyeing on the front, not Rogaine, like special oils and berries and coconut oil and all this shit. Okay. I was asking girls, Hey, what do you do to retake? Yo, I went across the world trying to get like the solution to keep my hair. Not just for men. I would not, I will let you guys know, and you'll see it. I'll let you guys know if I'm using

any product in terms of coloring. I do not color shit. I refuse to. I don't need to. That's the problem. I don't need to color my hair. Anyway, anyway. Alright, so there you go. Biggest holder, which is me of dumb money, dumb money. 29% I locked that up for I don't know how long y'all can look. And then the second biggest holder went ahead and locked up their supply, which is 3.75%. So now you have a bunch of supply locked up. Okay. Count almost, you can basically 33% of the supply is locked. So again, if if it sends today, tomorrow. Okay.

I had somebody tag me. I'm a market participant. I had somebody tag me and say, Oh, I guess it rug. What? Okay, let me explain the word rug to you guys. Rug, rug means that somebody rug the liquidity. Okay, nobody can rug the liquidity. Stop using words that you don't know. I swear to this space. This space really makes me want to like go visit a punching bag. Legit. It just makes me want to go into the gym and just throw like fucking lefts and rights at a fucking bag because like it is crazy. Anyway, so that's cool for dumb money. I think

dumb money is an awesome narrative on Robin and I already said that multiple times. Let's go ahead and pull it up because I already have it here. Let's pull it up right now. Let's pull it up. Dumb money. There we go. Dumb money right there. There you go. I mean, at this point, it's bottomed out. I mean, where else can you go? I mean, everybody who had no belief in in dumb money left. Okay. Anybody and by the way, by the way, I know there were a couple of motherfuckers in this dumb money meme that saw me talk about it and went in and try to destroy it.

Like I know that did happen. Okay, that's not it's not me. Here's the coin. There's no coincidences. Let me go ahead and pull myself on the motherfucking screen real quick. Where the fuck is the tab? There is no coincidence. There is no coincidence and I'm going to tell you why there's no coincidence. Let me explain something. And this is why this is why if I ever do anything, I would have to have like 95% of the supply control because let me explain something. Augie, right? Whoever came into this chat and put Augie into

the chat and I went in, what happened? Five, six times I got dumped on. For the time that I've been holding Augie, I've been dumped. I've been dumped on five, six times. Every single time I put in liquidity, it got dumped on. That tells me that there are people who are waiting for me to call something to then go and slap their nuts on my forehead. And that game is game. Game is game. I can't, it is what it is. The same shit has happened with dumb money. If you look at the charts, if you look at Augie and you look at dumb money, they look the same, though I would

even say dumb money looks harder because it's like as soon as it hit 1.3 million, though these ruthless son of a bitches who follow me, they went ahead and made sure to try to destroy it. Not listening to the fact that next week, six months from now, eight months from now, it will pop off if the market decides. Just look at Augie's chart. I was thinking about this on Saturday. I was like, if you look at Augie's chart and you look at dumb money's chart, there is no coincidence. This is absolutely or in my mind orchestrated

to go ahead and make me look bad. Oh, here's David. He's front facing. Let's go ahead and put him down to where here's the kicker to where David puts in his own money to try to save it because we know from David's history, David will go ahead and throw 50 grand, 100 grand, 200 grand into a chart to save it. If you follow me for a while, people who know me know that I will put in that kind of money to save something, but I didn't because I said I'm a market participant. This is what I keep telling myself. I look in the mirror every single day and I say,

I am a market participant and there is no way that I am going to throw that amount of money in only for the same people to slam the charts down and there's no reason to rush anywhere because if this is a good meme, then the market will decide that it's a good meme. I shall not force anything and I'm not going to own 80% of the supply while somebody owns a good portion and keep dumping its insanity. So if people really like, if people see what I see in these things, then they'll go in. If people like it, if they fuck with it, then they'll go in. If they don't,

it is what it is. It is what it is. I think I really believe that dumb money is a really good narrative for Robin Hood. If he asks me, why do I have so many haters? I'll tell you why I have so many haters. I'll explain to you why. If I was more PC, I'll explain. If I was more PC, politically correct, that is, and I wasn't so blunt, though I still think you have haters as you continue to grow in life. As I continue to grow and the brand continues to grow and I continue to grow and continue to go go because I don't stop. As I continue to grow, people don't

like it. So they do everything possible to cut your legs off and that's, and that's fine. But what better way can somebody go ahead and get at me than watch what I'm doing, watch my lives, which they do. My haters do watch it. And they see what I go into and they get in and they get in. Well, I'm a disruptor. Here's the problem. I disrupt things, right? So like, I'm very blunt. I'm a blunt individual, good, bad, or indifferent. I'm not always right. I don't claim to be perfect either. But when I come on here and I say things, it rubs people the wrong way. Like,

I just talked about in the beginning, these fucking little kids on here talking about, you need to keep on trading. Okay, you don't need to hold anything. You need to keep trading. And you need to keep trading the dog shit that we're providing. When I talk about these subjects, they don't like it because I have a platform to talk about these things. And if I'm talking about them, and I'm not siding with them and I'm not siding with the VCs, then that's a bad thing. And I already said, I, when this whole bull movement started this whole fucking

movement that I took, and I've been talking about a movement for years about like a Wall Street bets part two movement. I've been talking about this for so long. They see it. And I will not entertain any VCs. I will not hear you know what, fuck it. I'll show you guys like every single day. Look, I get contacted by a visa. Hold on. Here you go. Fuck it. I wish I can show this. What the fuck? Where is this shit? Where is this shit? Yo, can y'all see this? Hold on. Fuck. I don't know if y'all

fuck. You guys can't see it, right? You can't see it. Can you see it? Can y'all see this or not? If you can, I'll read it to you. Here's an email, another email, and I get the emails every day. I'll buy Gokstein Media. David, have you considered selling Gokstein Media? I'm with the blank blank group. We're a blank blank. Well, I can read this. We're a PE firm buying marketing agencies and news groups like yours all cash up front. No earnouts, no games, man. We're just acquiring a company. We just acquired a company for 4.4 million.

We're looking to add one more firm, one more media company to the portfolio this quarter. Would you mind getting on the phone with us? No, every day. I will not sell out to the VCs. That's the problem. And I will not be a mouthpiece for anybody. Nobody will tell me how to talk. Nobody will dictate the way I speak. Nobody will give me narratives. No, at bits, it's actually a real, I will not say who, but it's definitely not the Prince of Nigeria contact to me. I can guarantee, I can promise you. I get plenty of those, but I get offers and I decline

them. If I wanted to be in the cabal, I could. What did I tell you guys? Well, I said this would happen. I already have haters, right? And it is what it is. I don't really give a shit about the haters, but now I have VCs that are upset at me because I won't go, I will not go and dance for them and wiggle my ass for them, right? So what happens? What did I tell you guys? As soon as I try to rally the community, they're going to do everything possible to make me look bad and I'm here for it. That's no, no, I will win.

I'm going to say this again. I will win and there's nothing you can do to stop it. You can take me out. How many times have I said this? You can take me out, but then there's 10,000 more of me in the back. So good luck, but I will never shake my ass for anybody. I'll never be anybody's bitch, never. I don't give a fuck what you pull out. I don't care. And I've said this so many times. It doesn't matter to me. I walk to my own beat. That's it. And so when you ask why the haters, it's like now it's a

collection of hate versus Bobby said it, the matrix. And yeah, maybe Tate has the right fucking wordplay when it comes to what this thing is when you don't agree with them. It's a bunch of people that try to destroy you. Like for instance, why is an X have me on the who to follow list on the meme category? Really? Let's think about this. Let's think about that for a second. Who was talking about memes when it wasn't popular to talk about memes? Me. Me. And I'm in the fucking newspapers. I'm on mainstream media doing this. And I'm not a,

I'm not on the meme section. Okay, people call me a Bitcoin maxi. I'm not on the Bitcoin maxi fucking page on who to fuck. People literally call me an Ethereum maxi. Guess what? I'm not in that section either. Why? Because I did not play bowl with the VCs. And that's where they have put me. Okay, they have made sure that my algorithms fucked that I am not seen, even though you can't stop me from being seen. And you know what? I'll fight the algorithm. I don't give a fuck. I love a good challenge. But this is where I'm at. And I said this would happen. I literally

said that if I stand with the community, because I can I can make my day easy, right? I can stand with the VCs. By the way, I'm losing money by not standing with VCs. I just want y'all to know I want y'all to understand this. I am losing money by not doing business with VCs. Because right now if I did business with VCs, then I would be in a position where I'm probably making a million or $2 million a month. That's real talk. That is real fucking talk. And even the haters can acknowledge it. Even the haters would acknowledge that

me talking about community is stupid when I have the opportunity to side myself with some of the biggest fucking groups right now and just make money. Make a ton of money from it. You imagine, so I've picked community and people I don't even know, okay? I don't know half the community, but I've picked community over VC. Who in their right mind? Who in their right mind would do that? Somebody who doesn't need money and somebody who has been preaching about uniting the community, having another Wall

Street Bets moment again, this time even bigger to where we heal this motherfucking space and make it great again. That's right. That's right. That's and that's real talk. That's real talk. So that's what I chose. I chose to go ahead and side. I chose to side with the community. I chose to side with the community. And so to answer your question, I know that was long winded to answer that question. Me choosing this route has led to what you see now, which is people, people not liking, not liking that I am trying to showcase

real projects and real memes and all this shit. And it might sound crazy, but it's the truth. It's real. Just look. Others have sold out. Others, you know who sold out. I don't got to tell you who sold out. Others have sold out. I won't. Why do I need to? I don't need money like that. Like I said, I had money before crypto. I don't need money like that. I don't need to shake my ass for anybody. Y'all selling out. You sell out. If you sell out, then you're selling out the community. Like that's it. Like there will not be crypto.

And by the way, it's time for the OGs to fucking like I really like this is the OGs really need to step up here. We really need to like have a special fucking meeting. We don't have to like each other, but like look what's happening here, bro. Like look what's happening. People are fucking getting into that they are peddling memes about insects at this point. Do you understand? Like they are peddling memes about insects. Don Josh, I don't know if you guys can see him, but it's from YouTube. He says you making a token where you

have supply control. We can all rally. I can never and this is one thing I can never the supply control has to be like 90%. Like and this is real. Like I've analyzed this. I've watched 70% 65% supply control get destroyed. Look at the answer. So can let's let's go ahead and I'm gonna show you something. Hold on. Let's let's look at the answer. Shit. Where's the answer? Where the hell is the answer? Okay. Answer. Look at this. I'm going to tell you guys right now. Let me go ahead and make this bigger. Let me explain

something to you guys. If Ansem had if Ansem had 80% control at least at least 80% control and he didn't airdrop people, his token would have been at at least $500 million. Easy. $500 million token. $500 million. 100%. That would have been at 500 million. The point is when you airdrop people, this is what happens. You get this. You get people who sell off. You get people who don't like Ansem. They're pushing. There's pressure and pressure. And now you add what? $149 million. Listen, $149 million market cap

before the bull run 148 148.3 million dollar market cap is not anything to cry home about because pre this is a this is a pre bull run chart. So being at 148 million is not bad at all. Not bad at all. But can you imagine if he had control? Like real control and I understand people like, oh, it's incentivizing. But you know what? You don't need to be incentivized. And this is where I think we're all going wrong. You don't need to be incentivized to get into a meme token. Everybody is like, yo, if I'm not getting incentives, I'm not going into a meme.

I didn't get no incentive by going into Dogecoin. I didn't have no incentive when I went into fucking Shiba Inu. I didn't have no incentive to go into Pepe Bobo. Like I'll start naming everything out. I didn't have no none of these incentives. Now all of a sudden, the incentives have hit and it is absolutely made it horrific. It's made it absolute horrific. Because everybody wants incentives. Now, you know, launch pads are coming out and allowing, they're allowing the founders to give back rewards to the holders. But then if you look at that,

okay, you give you give rewards to the holders. Okay. What money, what money are you now using as a project to elevate yourself? Do you understand all these cash 20, the creator rewards were made. And I wrote about this when I was talking to Toli, if anybody's seen my conversation with Toli, it was within that conversation, somebody asked a question that was like, there has to be a way where we incentivize real builders that the builders, the real builders are incentivized and they're rewarded for building. I don't want to stop people from

creating stuff. Okay. My thing is not stopping anybody from creating or launching tokens. You want to launch 51 million tokens in one day, do your thing. Go ahead and do that. But at some point, if we start rewarding and incentivizing the builders in this space, then you know what, a lot of people will stop creating 51 million fucking tokens a day. And they'll start saying, you know what, I'm going to jump into this token because I see what's happening here. We'll have more community building, we'll have more people

that support things and see them through longer than 72 hours. But there you look at ansom token it's down. But if he had supply control, it'd be up. I really do believe if ansom had supply control on this token, it'd be up 100% it'd be up. I mean, look at meme, it's also down a meme coin, which blasted off. I think it hit somewhere in the 160 million dollar area. It's at 47.9 million. Even with Vlad following it, it's still it's at 47.9. Why no supply control and you got a bunch of people that are ready to sell on you. Will it do well in a bull market?

Probably 100% probably. Somebody said, what if you hold majority supply and the remaining percent to 80% is held by the proven that that still doesn't work. I look respectfully. It's I can only trust myself. One day somebody is your friend. The next day somebody isn't or the next day somebody doesn't you know what? Somebody wakes up and says, you know what? I got to make a decision. I got I got I don't know. I got an issue within my family. I got an emergency that I got to take care of. I'm selling and now that sell hurts the entire

so like no, like you can't. I know myself and at least if I make a decision, it's my decision and I made that decision to you like that. That's why I say like the person who is putting their names on the line should make sure that they're holding the supply like supply control to me is super bullish. Supply control 100% in this current environment. Supply control is necessary. We'll be right back. We'll talk more about cryptos, the runners that things that are running that I've seen on FOMO that have been running.

We'll talk about more of this stuff after this commercial break sponsored by midnight. 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.

So why hasn't that happened yet? Why are we 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 why 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 in crypto. 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, Monero 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 and 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 kind of FOMO? Yeah, let's get back to it, everybody. There we go. United States of America representatives.

Social 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. I am here providing electricity and that energy that is necessary. I am the Moner Dave Tony Scott. There we go. United States of America representatives.

Social 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. I am here providing electricity and that energy that is necessary. I am the Moner Dave Tony Scott. There we go. United States of America representatives.

Social 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. I am here providing electricity and that energy that is necessary. I am the Moner Dave Tony Scott. Welcome back to the breakdown.

Let's go ahead real quick. You know what's funny? Look, ever since I started talking about meme, which is a meme coin, it went from 48 to 50.3 mil. It's funny. Okay. Okay. Okay. Let's go ahead and look at Polymarket real quick.

Because I want to see what Polymarket thinks about the Clarity Act. Let's go ahead and look at the Clarity Act real quick. Clarity Act. There we go. All right. Let's share this. The Clarity Act. Now it's up.

So Polymarket at one point had a 13% chance that the Clarity Act would go ahead and pass by the end of the year. Signed into law, Clarity Act H.R. 3633. Signed into law in 2026. The chances of this was, I think it was hovering at 11% to 13%. Now the chances of it passing, where is it?

28%. Yesterday it was up to 31, but now it's 28%. So I mean, this is on the Democrats. This is literally on the Democrats to go ahead and, it really is on the Democrats to go ahead and make sure that this goes through. Because Trump has done everything possible to go ahead and say, look, I've made the concessions to have the Clarity Act passed.

Now it's on you guys. So the Democrats, that's it. They got what they wanted. They asked for certain things. They asked for certain concessions here on this bill. They got it.

Now there's no excuse. If they don't vote yes for this, that means that they hate people in crypto. That's it. That to me, it tells me that they despise crypto. And you know, it sucks because there's some Democrats that like crypto. So now you have this fucking army.

You have these people like Senator Warren and others that just despise crypto. They don't know anything about crypto. And obviously they're trying to, they're trying to, I don't know, help their banker friends at this point. It's funny, meme. Yeah, I talk about meme is at 52.6 million now.

It's going, it's sending. It's sending. This shit said, look at this, it's sending right now. We'll get right back to the Clarity thing. But like, holy shit. Maybe I need to talk about dumb money somewhere.

Anyway, let's go back to the Clarity act that I just killed. I killed it. Great. Let me go ahead and get this back up. Welcome to the breakdown episode 783. Let's go ahead and bring this back up here.

Here goes the Clarity act. Again, 28% chance of passing. So again, this is on the Democrats. I don't want to hear it. I don't want to hear it. If this does not pass, if this doesn't pass,

this is on the Democrats. The Republicans have done everything possible to, and the president of the United States of America has done everything possible to show good faith, to show good faith. So I don't know what, I don't know what else you can do.

Also, let's look if we'll have some rate cuts here. Let's see the Fed decision here. Let's look at what the Fed is going to decide. The Fed decision in September, we have a 25 basis point increase, this is from the poly market, and a 15% chance that there will not be an increase.

So 85% believe, it's up 56% believe that there will be an increase in rates. There will be a rate hike. I don't know where I stand on this. I really don't know where I stand on this. I really don't know.

I don't know. I really don't know. But those two topics right there, Clarity Act, the rates, the best decision would be leave the rates alone, leave it as is,

and then also you pass the Clarity Act, and then you introduce a bill, which obviously gives clarity to retail and makes it easier for retail to just participate in crypto, and you will have one of the most electrifying runs of all time, period.

And I think Trump is going to do that. I really do believe that Trump will get that done. By the way, if those $5,000 checks go out, if there is a $5,000 dividend check that goes out to every American, holy shit, will the bull run

fucking 50X whatever the 2021 run was? So I'm just saying. Wow. Let's go back to FOMO real quick. We're looking at FOMO here. Shout out to Poly Market.

Poly Market, of course, is official position market sponsor of The Breakdown. Somebody asked a question earlier in the show. They asked, what was it? Actually, Bobby really answered this for me, and I'm going to add on to this.

Bobby said, yeah, because somebody asked me, if I held a certain percent of supply and then others held supply, would that be enough? And Bobby really answered this. This whole space, that's a no-go.

I have known people call me brother than fuck me over in the ass. Look, now, I don't know what's happened to Bobby where he's gone to that extent. But I've been there, done that, where people call me brother and hug me.

And as soon as I turn around, I got a knife or a bunch of fucking daggers in my back. So respectfully, I love you guys. I legit, I respect the fuck out of people that follow me, have followed me for years, have tuned into the show for years,

who've worked with me, who I've worked with. I wish you guys nothing but the best wealth and happiness and all that good stuff. But I don't know you. And one day you wake up and you feel a certain way about me,

and then you're going to send it to zero. No, that's idiotic. To have somebody hold your brand in their hands kind of thing is crazy. I'm not saying people can't sell. That's not what we're talking about here.

But when people have control, that's a different story. That if somebody has you by the balls, again, one day somebody loves you and the next minute they hate you and they don't respect you.

And I've seen it on the timeline. So it's like, this is nothing new to me. I've been in this space way too long. Like, nothing shocks me. Like, nothing shocks me. But if you're putting your brand on the line,

if you're endorsing something, you better make sure that you are holding that motherfucker. Because like I said, I don't mean to be repetitive, but one day somebody wakes up and says, I don't like you. I don't like this guy.

I don't like DG. I don't like David Gochstein. You know, I don't like him. I don't like the way he talks. I don't like his mannerisms. I don't, I don't, I just don't like his hair.

Okay. I don't like his hair. I don't like his beard. Okay. I don't like the way he speaks. I don't like his guests.

I don't like his show. I don't like his company. That's it. Boom. Guess who? And guess what?

When, and when somebody sells their 5% or 4% guess who they're looking for? Me. They're looking to yell at me. They're not looking to yell at the person who's sold. No, no, no.

They'll be like, yo, David, how dare you? And that's unfortunately how the space operates. Listen, I'm not saying people are bad, but again, people are, you know, they have their own characters and one day they wake up and they feel a certain way. I mean, I'm sure everybody has woken up one day

and felt a certain way about a certain individual or in the individuals. And at that moment, you've made a decision that you regret. People have that. We're all human. All human beings.

We're all human beings, man. Shit happens. And then you regret it, but it's too late. And no, no sorries can fix anything. Right? I'm right, right?

So you can't blame me. Listen, if I was all about the money, I would have, I would have went ahead and endorsed something from the beginning. You know what's funny when people talk about this topic? When people actually talk about this topic.

Let me say something about this topic in general. When people talk about this, right, I could have had an easier, I could have made it really easy for myself, right? I could have said, let's run with it, right? If I was money hungry, let's run with this

because the things ran up to, right, if we're going to look at those tokens that was sent to me, some ran up to $3 million, right? With, I didn't say a word and they ran to $3 million based on somebody's theory.

So I could have easily said, okay, go with it. This shit runs to $30, $40, $50 million, right? Hypothetically speaking, if it was all about the money, I could have just went with the meta. You guys call it a meta, I stay in my lane.

Okay, could have done that. I didn't. I didn't. I keep saying that I want to build something that's great. I want to build something that's great. I'm taking all these,

I am literally removing myself from areas where, like if I wanted to, I could have made, I can make a lot of money. I can play with people that I don't like. I can play with the VCs. I can be their best friend right now.

I'm not doing that. I'm not doing that. I'm not taking any shortcuts. That you should admire that. Here's, here's me with a fucking great platform, not taking a shortcut.

I don't know. I don't know. I'm taking the long route, taking the fucking long approach here. And in an era, the whole point of me talking about supply control

is that we are in a gamified era where you have people who have platforms that are going out there saying, do not hold trade. And that's what they're saying. And you have this,

and people who used to be holders are now jeets. And you're asking me to believe in people who can easily one day and wake up and jeep. Again, I'm not saying profit taking is bad. You should take profit. Anybody who tells you not to take profit

is an idiot. You should take profit. You shouldn't round trip. You should take profit like a gentleman. Okay. Like a lady,

you should take profit respectfully. Don't kill a project. Take profits respectfully. But in this current era, there is no respectfully. Okay.

People are absolutely monsters. Projects, great projects have been killed due to the fact that people have been absolutely malicious in their approach.

Listen, the things that I say might not, might not be your cup of tea. Okay. You know, rewind, rewind the tapes.

The best, you know, one thing, everybody can say whatever the fuck they want, but you can rewind the motherfucking tape. And at the end of the day, I've always said,

take profit. Don't round trip. Don't take screenshots. When you're up, don't take screenshots. Don't stop taking screenshots.

Stop taking screenshots. The minute that you take a screenshot of your profit, that's when you need to take your money out. Okay. Not don't full clip,

but slowly start taking profit. Green candle. You want to take profit when it's green, right? When you, when there is green candles

and there is volume, you take profit because you're taking profit respectively. There's a person, you don't want to be in the project no more. There's a person that will take it on

during that volume. Okay. That's really, you don't sell one, there's no volume and destroy projects, but there are people that do not give a fuck.

There are people that absolutely do not care. They do not care. To them, it is, I'm going to make money and I don't give a fuck who I, listen,

some of these people held for so long on different cycles that this time around they've turned into monsters because the, because the environment is toxic.

That is the biggest problem that we have in this space that the, that the environment is so toxic that people have said, you know what,

I have to be a monster in order to win. And you know what, I have to also respect that as well. So now you're stuck in an environment where you have good people

that say that I have to act like a monster in order to win here because if I don't act like a savage, I ain't winning. So I understand that I can respect that too.

And that's a problem here. I got to respect that, that line of thinking because there are people that hold. I'm a holder. I want to hold.

I want to see, I want to see shit go up. But somebody with my kind of thinking gets left holding the bag. I become the only community member. Meanwhile,

everybody's caking and then the people that do, do the malicious and just like completely destroy a project, they'll point the finger at the person who's the last fucking community member.

This is where we're at, ladies and gentlemen. This is exactly where we're at. This is where we're at. Now I'm trying to figure, here's my biggest thing. I'm trying to figure out,

how do I rally the community? Like how do I make the community believe in something? That is something that I'm trying to figure out because I keep watching and I watch the transactions, not that I'm pocket watching,

I'm just watching if somebody's about that life or not and like people say one thing and they do the opposite. So how do you fix it? I'm almost to the point,

like if the bull run starts, well, you know what? During a bull run, nobody wants to hold. Everybody's trying to fucking run into the next green project

because all they see is green candle and that means go. Psychologically, green, it's been taught to us from a psychological standpoint, it has been taught to us

to go when there's a green light, right? Red means stop, green means grow, right? So in the red though, in the markets, red means buy if it's a good asset. It doesn't mean stop.

It means buy. And then green means go, right? So you're holding something and it goes. Like that's the way I see it. That's the way I've been taught. Yeah, we have people doing the opposite.

In the bull market, you will see more people get wrecked than in a bear market. Bull markets wreck people more than people win. And that you can study

and you can look at the stats from cycle to cycle. More people lose in bull markets than in bear markets because in a bear market, you could still go ahead

and accumulate really good assets, sit back, be patient, send. That's really it. But again, like I sit here and I wonder like,

how do I rally people? How do I how do I bring every motherfucker together, man? Or most community men? Like aren't you guys tired of fucking losing? If you guys aren't tired of losing,

then then then fuck it. Then like this doesn't even make sense for you. Like if you're good with losing and you're good with I'll click until I win, then like maybe the movement isn't for you.

Maybe this whole thing, maybe this whole thing is stupid. Maybe what I'm trying to do and I feel like I'm like the only one out here fucking trying to do this and I'm talking about with a platform.

Maybe I'm just like, maybe I'm doing the stupidest thing in the world by trying to encourage us to rally behind behind something and believe in something and heal this motherfucker.

Maybe I'm wrong. Maybe I maybe I'm maybe these dreams of mine of where we all rallied together. Maybe the dumbest thing is in the world. I don't know. That's something that I have to think about.

Maybe it is dumb. Maybe all the people that told me, oh Dave, like you're dumb stupid for trying to do this. This is stupid. Like why you why even entertaining this?

Like I had so many people reach out to me and tell me like, Dave, you're a fucking idiot for even attempting this because nobody's gonna rally behind you. And it's not because they don't like you.

It's because they have lost so much that they're looking for a win. And so they don't give a fuck about holding something. They don't believe in anything. I see that you said Marad is holding SPX 6900

and I respect it. I've never said anything bad about Marad. Good for him. He believes in one asset that he believes that six XPX will flip the stock market. That's awesome.

I think anything that you go into you need to have that kind of belief. You know the same people that I'm gonna tell you something the same people that continue to say or they've told me in the past

I wish I could have experienced 2001. I wish I was a I wish I could have experienced that time. Are the same people that continue to run into bullshit? Sex flies, flies, fucking and

fish with a cigarette in his ass in you. Like all these things that are put out there y'all keep going into them. You say one thing. Hey, I want to be able I want to feel what it feels like

being a part of something that goes to fucking multi-millions, billions. Next minute you're in dog shit. So like what the f- How am I supposed to take y'all seriously? There's a few of you guys that I believe

that would want to participate. But I see it. Y'all get into these f- Like I'm telling you they ran out of things to fucking make. What talking about insects?

Bro, what? They had a mosquito out there yesterday. They had a fucking mosquito. Like come on. What the fuck am I doing here, man? You can't take this space seriously.

We'll be right back after this commercial break, man. 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

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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 eagle on this. Is that guy on FOMO? No, he's on the machine first.

Crazy crazy. Yeah, let's get back to it everybody. There we go United States of America Socialism 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 modern day Tony Scott. There we go United States of America representatives.

Socialism 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 modern day Tony Scott. There we go United States of America representatives. Socialism 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 modern day Tony Scott. There we go United States of America representatives.

Socialism 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 modern day Tony Scott. Welcome back to the show. Welcome back. Thank you for tuning in from wherever you're tuning in to go ahead and watch this show. The breakdown episode 783.

Hopefully this week I get my hair cut. Yeah. I've been talking about my hair cut for a long, long time. Shit. I can't wait to get a fucking haircut. I woke up this morning. I'm like, man, I really want to get a haircut. Yeah. I looked in the mirror.

I was like, I really want a haircut. I really, really, really want a haircut. But yeah. Shout out to everybody who tunes in. Shout out to the sponsors midnight. Shout out to midnight.

Shout out to Polly Market. Shout out to cake wallet FOMO. Love them as sponsors. This Friday we'll go into midnight city. We'll go ahead and check it out for five, 10 minutes. See what I'm up to.

See what my agent. I'm sure my agent is still chilling in the room. I have no idea. That's all I do is I chill in a room and I go work. That's what it seems like my agent does. Also Polly Market.

Listen, I use Polly Market to make, to try to get the pulse of the streets. Because the pollsters suck. I rather go ahead and look at Polly Market, what they got to say. Cake wallet, obviously.

I use cake wallet. It's the most secure wallet to me. One of the most secure wallets that we have in this space. I don't know how many times I've said this, but Vic. Vic and that entire team have worked tirelessly on fucking developing this fucking great wallet.

Okay, like out of his own pocket type of shit. And it's been around for so fucking long. And this is what I talk about. Support our real builders in this motherfucking space. Also FOMO. FOMO, I've been saying this.

I told some of my friends. I said, FOMO, before they sponsored the show, I said FOMO is going to be a phenomenal fucking application. It's something that we need. Social fire is real. People want to see shit in real time.

And I talked about them. I talked about them. They blew up. I got them on here before, honestly, before a certain audience ever saw them, I brought them on here.

I was really interested in sitting down and talking with them. We'll have them on this month. We'll go ahead and we'll chop it up, talk about how many more users have jumped onto FOMO. It's crazy.

It's growing. It honestly reminds me of what Binance was. Like in 2016, like Binance, like when they started to make their way through the space and CZ was out there constantly replying to DMs and just posts and tweets,

it has that feel. So if you're not on FOMO, you're doing it wrong. You really are. You can even use FOMO as a reference to when you're trading. See why people are going into something. Or in CY, and if you don't feel like the Y fits,

then you don't go into something. But yeah, I touched on a lot of things today. I don't know if for anybody just tuning in, I touched on a few things. AI, obviously from the AI standpoint, there's a lot of conversation coming out from,

you got conversations that are coming out from Anthropics CEO saying that AI is moving too fast. They need to kind of put a hold to it. And I'm like, motherfucker, don't you understand what you designed here? Don't you understand what you guys were pushing here?

Did you not realize what we're going to come to at this point? At some point, I'm just saying at some point, it didn't clip for you. It really didn't click. Really? I also talked about the state of crypto, man.

I talked about the Giants, by the way, the Giants, New York Giants. New York Giants look really good. The New York Giants look really good. It is the first time in a decade, I can say, or since Kaufflin, since Tom Kaufflin

was the coach of the New York Giants, I have not seen, I've not seen us run a professional offense like we ran yesterday. Yesterday, the New York Giants ran a professional style offense. And by the way, and defense. Defense wasn't really ever like the biggest problem with the Giants.

But I got to say, man, both sides of the boat, but especially impressed with Jackson Dart, it's super impressed with Jackson Dart. That man, I am telling you, once he really, really understands the system, it is game over. He's going to be a top five quarterback in the fucking league.

I don't give a fuck what anybody says. Top five, 100%. He's mobile. He can throw the ball. He has the weapons. He has the weapons.

Likely is his weapon. Likely and Malik neighbors, and Malakai fields, those three, they're going to grow into it. So I got to tell you, it's definitely very impressive. I was impressed. I was impressed yesterday watching.

Definitely impressed watching. Give me one second here. Give me just a second. Phone's buzzing. By the way, the Bears, yeah, the Bears had a good game too. 100%, the Bears had a good game.

Williams, man, a quarterback. He's grown. I don't know. I mean, I watched his rookie year. Compared to his rookie year to now, I mean, the guy, I remember people talking about it was the wrong pick

to go ahead and pick him. I think the Bears picked the right quarterback. I mean, he's doing great. Listen, I want to watch good football. I want all these teams to play well. Not every team is going to play well,

but I want all these teams to play well. So I was disappointed though with Odell Beckham and him not being utilized more yesterday, because when he was in the game, that one of the first snaps that he ran a route on, he cleared out the middle and the ball went right to likely.

So it was just crazy to see how. I don't think Naggy, which is the offensive coordinator, I don't think he likes him. I have this feeling that Naggy doesn't like him. And this is really like, you know, Harb's bringing in and the Maras,

they love Odell Beckham. They've really brought him in here. And now they're going to kind of make him quit. Kind of like, I don't know. I hope Odell proves everybody fucking wrong. Bottom line.

As for crypto. Look, you guys have to decide. I don't watch the CFO. Shout out to the Canadians and the Canadian Football League. I mean, but I think I watched the once or twice, man. I'm not saying it's not interesting,

but like, I don't know. I don't, I don't have to watch college football, man. I want to say about crypto. At some point, you guys are going to have to figure this out. At some point, you guys are going to have to figure out what you really want to do here.

Y'all got to figure out what you want to do. If you really want to rally behind a movement, or you just want to make, I get the concept of money. I understand the money part. Everybody came here to make money.

Anybody who tells you they're not here for money is lying in full of shit. Everybody came here to make gains. But there are people that are here that love crypto. I love crypto and I want to see it built out. Like, don't you all want to rally behind something

that is good? That's all I'll ask. Do you guys want to rally behind something that is good? Or do you like this? I mean, if y'all like this shit, then fuck it. There's nothing to talk about.

If this is the shit that you like, fine. Let it be, man. It's almost like let it roll. Let it roll. What can I say? And you know what?

There are people that continue to say, hey Dave, support my project. Support my project. Support my project. I want to build out my own shit. Like, respectfully.

And I do, you know what? It's funny. I do in some sense do support a lot of projects within this space. I talk about them. But like, I want to build out my own thing, man.

Like, I want to build out my own movement that unites everybody. That if your project is cool, then we can go ahead and talk about it. Like, you get it? Like, why would I want to talk about your shit?

When I like don't like, I'm trying to build something now. Like, I'm just trying to figure out or it's like, oh, you know what's funny? The people that want me to talk about their shit will never support anything on my end.

So it's like, why should I support you? I have that mentality now. I really do have that mentality. Like, if you support me, I support you. Like, it's a two-way street, not one-way street. Dave, it's always been me.

I've always been on this one-way street where I support everybody and like, 1% will support me. So that's how I'm feeling. That's how I'm really feeling. I got people, like I said earlier today,

like the two things that I went into, I got people doing malicious shit, man. It's crazy. You're only hurting the community, but these motherfuckers don't care about the community, so it doesn't matter.

Whatever I say here right now, nobody gives a fuck. They don't care about the community aspect of it. I do. I do, because the community gave me the platform. I don't have this platform. Even no matter how good I think I am,

no matter how talented I am, no matter how I think I can break down crypto or politics, whatever it is, without the people, without the people supporting me, I would never have this platform to go ahead and talk. So I have something in my heart.

I have this thing where I want to jump in the mosh pit with the peeps. I want to jump in the mosh pit with the crowd. I want to have some fun with the crowd here. I don't want to fucking high five with the cabal or the KOLs or your favorite influencer.

I don't care about them. I want to high five with my crowd, with the people that tune in every single day that watch this on their TVs, on their phones, on the laptops, desktops, wherever. I want to have some fun there.

So again, whether it happens in a month, two months, three months, six, our time will come. We just, you know, the biggest thing that needs to happen is you got to build a foundation, bottom line. You got to build a foundation where there are people that actually see or understand what I'm saying here.

Like if people hear me and they don't understand where I'm going with this, it will never work. But if you understand, like, hey, I want to be a part of the next movement. I want to be a part of the next Wall Street bets. Like I want to participate in the next one that sends.

I want to be a part of an environment where I know I can go to sleep at night on the things that I go into. If you want that, then you'll fuck with me. If you don't want that, if you want risky situations, then you won't fuck with me.

If you want to believe what's said on the internet, you won't fuck with me. You want to believe what my haters say about me? You won't fuck with me. And that's fine. I am at this point in my life where I don't care.

There used to be a time where I was so like, I want to say sensitive. I just didn't know how a person can motherfuck me online. You get where I'm going with this. It was like points are like, what the fuck is this? Why can't people act like normal human beings?

Why is everybody a fucking animal? Anyway, it's sad. You know what it is? It's sad that a lot of people can't play alone. And there's always a motive. Like, fuck your motive.

I don't work on motives, man. I work on real. Like, if you're a real one, let's fucking, let's align. But I don't like, I hate motives. I go silent. When I smell motives, I go silent.

That's it. Like, if I smell a motive or an agenda, I'm out. Done. Like, peace. Have a good day. Have a nice day.

Have a better tomorrow kind of thing. I don't fuck with motives. Anyway, I want to thank everybody for tuning into the show. I promise you, by the end of this week, I will get back to my iconic look, hopefully. I'll get back to my iconic. Shout out to everybody who, by the way, shout out to everybody who DMs me,

even though I don't reply. I see him. Thank you for the DMs, the kind words. Most of the words are kind. Shout out to everybody who shows up every single day to tune into the show. I don't know why you tune in, but you do tune in.

And so thank you so much. I appreciate you. I think I motherfuckered somebody in, I think X doesn't like me. I got to say X does not like me. I will be, yeah, bro, I've been talking about my haircut. Like, I'm dying to fucking get a haircut.

Oh, I'm dying to get a haircut. I really am dying to get a haircut. Though, though, I do look in the mirror and I'm like, I like the rugged look. If I, I do like the rugged look, but I'm like, I, but I need to get back to, I need to get back to DJ. I appreciate you guys.

Thank you for tuning in. I hope you learned something from today's conversations. I really do. I hope you learned something. I don't know what, I hope you took something away from this. We'll be back on tomorrow.

Well, same time, 12 to two. I went over time today because I saw the show a little bit later, but I love you guys on the real. I love you guys and I hope we all win together. I know that doesn't, listen, not everybody's gonna win, but I hope we all can take advantage of the opportunity together and win.

All right? I, I hope that, I hope, I hope we can align with that on that note. Ladies and gentlemen, I am, 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.