Trump-Elon feud Erupts, Crypto falls, Coinbase to list Fartcoin

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
Yo-yo what up what up good morning, good morning GMG Friday
Oh baby Friday Friday, Friday June 6th 2025 Look at that
another beautiful day to have a beautiful day.

(00:21):
I got my Co hosts in the house, Tyler Mendel.
Good morning, happy Friday. How you guys doing today?
I'm doing great man a bit of a wild 24 hours, I have to say,
but it was yeah Bitcoin backup Bitcoin higher than when we did
the show yesterday. How how how wild is that?

(00:43):
Didn't feel like that for a minute yesterday.
It it. Definitely felt like we were
about to to, to break below $100,000 for for a second
yesterday, that's for sure. But listen, turn around
Thursday, you know, worked out pretty well in the end and we
definitely have a lot to talk about.
And it's a weird time to be on XI would say.

(01:05):
Tyler, how you doing today? Fantastic.
My hometown Pacers pulled out anincredible comeback, won, won
the finals last night, didn't lead the entire game until 0.3
seconds left, which is just a wild, wild comeback.
That was incredible. And then the same time our coins
are reversing and my beloved fart coin, fart coin Friday,

(01:27):
We'll come on the Coinbase, baby.
It's big. Dude, it's it's pretty wild.
You know what's going on in the world right now.
But let me tell you, Hallie Batman, no fire.
That's the only thing I know about basketball.
Is that this guy's nickname, Halliburton is the Halliban.

(01:48):
Yeah, they call him. Hallie Bomber.
That's an incredible game. Yeah, it's it's it is an
incredible name. Musk is welcome in Europe.
Now. It's funny.
Anyway, so yeah, there's a lot to talk about today.
Big gem to everybody. Spencer, we're going to send you
a stream link so you can join usin the half hour mark.
But today on the show, we'll do markets quickly.

(02:09):
I think it's pretty straightforward.
We're going to have to debrief the Trump versus Musk food that
took place yesterday afternoon evening.
That was insane, boys. Absolutely crazy.
And still going on. Ma's going as far as calling for
the impeachment of Donald Trump.Like talk about a complete 180.

(02:31):
Absolute madness here. Mom and dad on Friday in
America, Mama America and Papa America are fighting.
So I have to figure this out. Tyler.
Then Farcorn, you know, Tyler's top 100.
We'll talk about all this stuff.So love to see that.
And Speaking of Farcorn, we haveFarcorn Friday, so you know,
named by by Tyler himself. Love the hat.

(02:52):
So three winners for yeet today,three winners as we didn't give
anything on Monday and Tuesday. So three people will come and
play some corn rings with us today.
So let's see who wins. So at the end of the show,
you'll be able to join the stageand win some money.
And then last but next, we'll also join by Spencer, who's
already on stage today. Spencer, founder of O Cap Games

(03:13):
games right that just recently announced the acquisition of
moon birds and so love to see that I'm so afraid of the show.
So really excited to catch up with Spence here and last but
not least, this show is powered by powered by wallet connect.
I did not open my ad read and I still don't know it by heart
Wallet connect is the connectivity network shaping the

(03:33):
future of Enchaine UX. If you've connected to Web 3
app, you've seen Wallet Connect.That blue logo, It's everywhere.
An icon of trust in crypto as recognizable as Visa A Check
once more. Follow Wallet Connect on X and
Telegram to stay ahead of what'snext.
Mando, Mando, Mando, Mando. What's next?
So it was a bit of a wild 24 hours in crypto.
I did say on the start of the show we ended up higher.

(03:57):
It looks like kind of across theboard.
I think it's East a little bit lower, but Bitcoins definitely
higher. I think it was maybe a little
bit higher from. Where we did the show yesterday.
Yeah. I mean, it was it was 144.
Oh, that was from the show. I don't know.
Yeah, I forgot what it dumped yesterday.
Something like that. But yeah, big, big reversal.
Is there like an echo? Is it me?

(04:20):
Yes, I think so. That's weird.
I don't know what's cool isn't. It.
The echo cancellation is is is on try try 1234.
Maybe we'll just meet you while I.
Just keep going on refresh. OK, so we've seen obviously this

(04:43):
headline tennis between Trump and and Elon, it'd been
simmering for a couple of days. He'd been talking trash about
him on the timeline and then, well, at least about the big
bill. And then it just kind of erupted
yesterday. Basically Elon started calling
him ungrateful, started diallingup the pressure, and then Trump

(05:04):
came out and said he's gone crazy.
And then Elon basically said, oh, he's in the Epstein files.
And it just kind of felt like with every single tweet, it was
getting worse and worse. This was around the same sort of
time as we had the US stock market close.
So the crypto suddenly just became like the way to short.
And so you had this like in around 4:00 PM Eastern to around

(05:28):
6:00 PM Eastern, like crypto really just crated because
everyone was like, Oh my God, the world's about the end
because these two are fighting. And then when futures opened, it
wasn't really that bad. And we kind of rebounded it from
that point onwards. But it was interesting to see,
again, that crypto just becomes just like asset to smash around
on any headline. But we saw Bitcoin go all the
way down to 100K. You saw ETH go to 2000, 380.

(05:51):
I think Solana went down to 140 like big move across the board
in majors and most alts as well thought it lower.
The the the Asheville macro newshas been relatively OK.
We had a better jobs figure as well today, which was which was
a good sign. You had Trump now calling for a
full one percentage point drop in interest rates.

(06:12):
He's he's back kind of screamingaround that.
And there was some positive news.
You know, him and Qi had had a phone call which he was
relatively bullish on, at least from his commentary afterwards.
So yeah, it didn't really feel like the sort of day that you'd
see that sort of sell off, although it came maybe had been
brewing like we'd seen a little bit of weakness for a few days

(06:34):
there, which I think kind of came back and then we it was
just a bit of a flush. So I think we saw about a
billion dollars of liquidations in that in that sell off on the
rebound. Bitcoins been the strongest
Bitcoin dominance I think is going back up over this period,
which is kind of unsurprising because after a flash it can be

(06:57):
pretty it can be pretty nasty. Let's see how sustained the move
is. The biggest gainer in all coins
was Falk coin. It got its Coinbase road map
listing. We've seen in the past this has
led to Binance listings as well.So with hyper liquid, for
example. So maybe we will see a Binance
listing as well for for far coin.

(07:18):
It's up. I'm so surprised it's not up
more on the back of that, particularly after the market
kind of continued to go higher. But that's that's done.
OK. And then I would say that most
things are just kind of now flatlike the, the, the biggest loser
was Trump, which was basically on like the back and forth on

(07:40):
this, on this coin. And there seems to be a lot of,
I don't know, there's a cease and desist order that was
ordered yesterday. And then you have the founder of
World Liberty Financial shortingTrump on hyper liquid.
It was, it was all a bit nasty, but I don't know, at 10, at 10,
it's just kind of like hanging out now it, it feels like in
terms of Bitcoin news, we had two big headlines.

(08:03):
I would say strategy is increasing.
Well, maybe 3 strategies increasing their equity press
stock issuance to 1 billion metaplanets planning to raise 5 and
a 5 1/2 billion odd to buy Bitcoin.
And then you had Trump media coming out and say they want to
raise an extra 12 billion to buyBitcoin.
So big, big headlines out in theBitcoin treasury space again

(08:26):
this morning, which was taken. I think that's kind of why we've
seen this like very quick V shaped rebound in in Bitcoin.
And there's a there's a lot of smaller firms also coming in
saying, hey, we're going to buy Bitcoin.
It's like every day we see headlines around that.
So relatively bullish on the payment side.
Uber said that they're potentially looking to accept

(08:47):
stable coins for payments. We've seen that from some of
their capacitors recently. I think we saw Waymo and Lyft
both look at this recently. So it's maybe unsurprising that
Uber is going to try and do that.
And then we saw Circle have a Rockstar IPO doubled off the
break in the teens now of billion dollar valuation.

(09:10):
So very, very strong IPO there and I think that's it.
Shout out to ChatGPT. Let me know.
Do I still have an echo here or is it fixed?
It's better. It's better now.
It's. Better OK, yeah, cool shot
ChatGPT yesterday on the show, Tyler and I before you come came
in Tyler Amando we asked with their thoughts on circle and
then I said I was like no, ask it buy or sell.

(09:32):
So I go in one word, buy or selland I said buy and and so you
know we got our financial adviceand chat GPTA and the world
billionaires now because we totally bought it Yeah, man.
So you know the show brings out fine many ways, but yes, circle
mega mega IPO here a lot of newsto go over.
I mean I'm sure it's going to bepart of your topics Tyler, but

(09:52):
let's just go there. So team Trump or team Elon I I
my personal allegiance is with the person that I interviewed.
It's business. So what are you what are you not
even that you know, forget the team feel like what do we make

(10:14):
of this? Like, do you guys think this is
all over a bill really? Like I think I think I agree
with with actually with Elon here in terms of the economics
of it all. Like, I think one of the reasons
why Trump was able to win over alot of the liberal tech class,

(10:34):
let's say of America was becausethere's a lot of alarm sounding
about the unsustainable fiscal situation in the US.
And that actually won over a large amount of that class.
And, and Trump did, you know, did campaign on the idea that
Doge was going to save one to two trillion and that that would

(10:57):
pay for then the rest of the spending that hasn't happened.
And now you have this spending bill.
And I think that there isn't, there is, I think there is,
there's, there's a sense here, probably from that tech elite
group that like that the fiscal situation or government is
unsavable now. And I think it'd been brewing

(11:19):
for a little bit. It probably been brewing since
the 10 years started going higher again.
And that doge was being blocked in many different ways by the
courts. And it was clear that some
things were going to be at leastoff limits with regards to like
defence. And suddenly this has been

(11:40):
coming. I feel like.
Do I do I think it was the smartest move from Elon, But
like, obviously not like if you're going to, if you're going
to do that, I think it's, it's alittle bit painful, but I, I
actually agree with him. Like I, I think now this is how
you can get really bullish on Bitcoin on the back of this.
I think a load of tech people are now going to be like
government's unsavable here. Yeah.

(12:03):
The only thing like you should own Bitcoin, own Bitcoin.
You don't air out your dirty laundry like that though, you
know? I mean, it's pretty like I was
watching. It's funny.
So I have live television now for the first time in 10 years.
And and so I was watching Bloomberg for free.
So I was like, oh, let me be that guy, you know.
So I was on my couch doing some work and I've turned on

(12:23):
Bloomberg. And so happens that Trump was on
live with the chancellor of Germany.
And then I'm listening and I'm like, oh fuck, he just made a
negative comment about Elon. And then the phone starts going.
So I may become the next Walter Bloomberg here.
That's because I got it before Xand I'm listening.
I'm like, Oh fuck, this is goingto go crazy.

(12:44):
So I'm like, and then we had dinner with open C and Schiller
shot the open C shot Schiller. Schiller throwing a great dinner
in a faddle in Lisbon yesterday,which was like a thing where
like there's like a there's likea con mini like song singing in
between each course. And then the bomb drops the AB
scene to eat and everybody goes.But you know how to speak basic,

(13:06):
you have to be really like quiet, right, man, if you've
been to the faddle here, it's socool.
It it it's just insane. I was talking about it.
I mean, Tyler, what do you make of this?
And as you say this, like I found a compilation of the best
tweets on the timeline about about the feud.
One of them is the Mando's that went completely viral.
But what do you make of this, Tyler?

(13:29):
The timeline was absolutely electric.
I'm I'm slightly on the oppositeside from Mando here.
I'll take the other side of this.
I agree the US deficit is out ofcontrol like 100%.
I think everyone is pretty much aligned with that.
I think my read from Trump here is that he's just being a
realist. And his take is that this is

(13:49):
their only chance to get a lot of the positive things in this
bill through with the way that the House is set up or Congress
has set up ahead of 2026. So it's now or never.
I think it's kind of like the read I have from him.
And it's not that he just wants to just to go buck wild spending
necessarily. So I think that's my read and I
think Elon looks, he's got some Aegon on his face, like having

(14:11):
been like one of the biggest backers of Trump and then just
kind of turning his back on likethis in public.
I don't know. I think it's a it's a fairly bad
look. I think they can get past it.
I think they probably will. I've been trying to figure out
like the chess behind all this and I I feel like there is
clearly more to this and I don'tknow what started all of it.

(14:33):
But I mean, Elon had a black eyethe day before.
Rumors that have investment got into a fact that have been
something to see. I saw DC investor talk about are
the tech elites going to form their own party?
And I think there's something tothat.
And then I saw Yvonne's poll. I sent it in our chat.
So you don't actually put the poll out like do you want a

(14:54):
third party? And like I do, I actually think
a lot of Americans would. I don't know if it's realistic
to get enough backing in a two to four year timeline, but I
think there is appetite for a new centrist party without some
of the extreme aspects of both sides of the right and left.

(15:14):
I don't know if Elon's the guy that headed up, but is this
opening the door? Is this why he's doing it?
I've seen the take that they gotwhat they wanted.
I'm getting Trump elected, deregulating AI, and now they're
going to go after their own political party for 2028.
And that theory could make some sense to me, I got to say.

(15:36):
I mean, it's to be honest, it's time for America to have more
than two parties. This is very like it's an
American thing. And I don't know, I, I think
it's I don't think it's a hot take anymore, right?
That by party bipartisan, just doesn't work anymore in today's
world. By rock.

(15:57):
We haven't seen anything change.Right.
It would still be a pretty substance to change, but if
anyone can pull it off, I mean, it's, it's this group, it's this
cohort. 5.2 million voters that doesn't mean it's Americans. 80%
people saying yes, but you don'tknow how many you just want
half. Half of these are USA but but
it's a big poll. 64 million views here.

(16:20):
I'm I'm very disappointed in this compilation of tweets.
Mando's tweet didn't make the cut given that it was a huge
viral 1. So I'm going to pull it up.
Actually, this one, it's so good.
Elon's come down today. That's really good and then this
one, I mean, this is great. This is just you know, bro, you

(16:41):
seeing this hold up got a line bro man the.
Eckstein thing dropped. I was like this.
This is the next level of this. I mean, these guys are loving
this, right? Yeah, there were a couple of
tweets to that end like, oh, youknow, China's won off the back
of this. I think I saw three from all in

(17:03):
tweet that. Are you?
You must be. You must be yapping.
I wouldn't be too hyperbolic about it, but I do think that
this they were more, they were apowerful team together, way more
powerful in my opinion together than they than they are apart.
It it could be a fallout that just just solves itself like I

(17:27):
saw I feel. Like he burned the bridges he
burned like with the with the Epstein tweet.
If it hadn't been the Epstein tweet, I think we would.
Have. You're right.
Yeah, because. Like eligible?
Remember when he was beefing with Joe Rogan?
So John Shahid this morning saidnot forget how this shoot ended.
Everything will work it well in the end.
But like that's different, right?
Like I you're right like that and then calling for his

(17:51):
impeachment, guys. Yeah, see, this is the thing.
It's not. It's like it got aggressive,
right? Like I feel like it was.
That was a it got really aggressive really quick.
You know, takes a lot of drugs and he publicly says he takes a
lot of drugs, right? It felt kind of like a crash

(18:15):
out, like you would do if you were hammered you.
Know or the day after, like a a nice little 12 hour session.
Yeah, like. Could you imagine, could you
imagine being the richest man inthe world, highest fuck of your
rockers on ecstasy or on a come down beefing with the president

(18:38):
of America? That tweet the the FCT got 180
million views. Well, here's the thing.
I mean, I there could, I think Tesla.
Might Let's talk about. Seriously, take action about
removing him from CEO and I I'm not.
Necessarily, you're right. For that, I I'm a I'm an Elon

(18:58):
fan. I think he's a visionary, but
like how many times like how many chances do you get at this?
Like. Dude. 50 billion in value
yesterday just because he was hecouldn't put his phone away on
this drug fueled rant. It's up a bit on the day, but it
went out and went to 273 on thatWick probably goodbye, for what

(19:20):
it's worth. But what do you think?
So we open. So we were quick.
The teams were working at 11:00 PM in Europe.
We we shipped markets on this. Where is it?
So will Trump, I have a questionfor you, please.
Literally will Donald Trump be suspended from X by June 13th?

(19:41):
So in a week do you guys think you'll only do that?
No, no fucking. Way I would take the no here as
well, like 91%. I think he was close yesterday,
I think he was close in that drug filled state of mind, but a
more sober eon probably. Not and we should launch the
market. Will Trump sell his Tesla?

(20:02):
We should write that one down. But.
Yeah. Well, Elon must be removed this
Tesla CEO by June 13th. Too soon.
I think that's too soon, but I think if you if you expanded
across 2025, I think it's probably like 10 to 20%.
Of them, yeah, well, there's a reason why we can't launch 2025
markets. I'm not going to give too much
alpha, but people can read between the lines.

(20:23):
There's a reason why that we have to stop in June 30th.
Yeah, it rhymes with Gary Vee and the number 3.
I'm going to get fired from my position as president if I keep
talking anyways. That's the only thing that can

(20:45):
happen anyways. So that's the beef.
So I guess we'll see what happens.
Do you think that's that's goingto rock the markets a little
more? Tyler Armando?
And then we'll go to Tyler for for a quick, you know, rundown
of the topics. But do you think the market's
going to be a little rocky from here or is that was just a quick
little nice bat? I don't think this is bearish
for crypto in any scenario, let me put it that way.
I agree. Yeah, I actually think this is

(21:06):
pretty bullish. If you any picture is the
picture I just painted to you like the the movement of the
tech elite class, let's say maybe away from this.
The one thing you could say is that David Sacks has been has
been pretty influential I think in some of the crypto policy
that's come out of the US since Trump's been in office.

(21:29):
And he is a big Elon guy. So like his position might be a
bit bit under threat. I think he or like he might
question where he's going to be there, why he's there, but I
actually think you'll see a ton of people being like, you know,
maybe there is no doge isn't coming to save us, you know, and

(21:52):
now it's time for Bitcoin again.Yeah, I agree.
This is definitely all like pretty good for us in the end of
the day. So anyways, there's that.
There's your your recap of the beef.
There's a code coming. There's a code coming and three
of you guys will win. So raffle ball dot XYZ today,
raffle ball dot XYZ today and every other day, every single
day, you go put a code, you haveto have a YEET account using the

(22:14):
FOMO hour registration code. It's the FOMO hour FOMO.
So you are and you will have to have, you know, placed a bet on
the Speaking of YEET, Congratulations, Ben Lamb coming
second. WSOP almost had it.
I mean he was. The other guy was short stacked.
You know what though? Fucking Sims and Bernie jinxed

(22:39):
it so hard. Like they were in the FOMO chat.
Like, yo, he's got this, he's going to win.
He's upset so much. In my head I remember thinking
like, yo, this is the type of shit you say when someone and
someone's about to lose. So Ben, look no further.
It's Sims and Bernie's fault. But congratulations, my guy, and

(23:00):
shout out to yeet. Anyways, Tyler, let's run you.
Let's let's go through these topics.
I'll still bring Spencer on withus.
Maybe you can chat some topics with us before we get into the
moons birds. But but let's see what you got
for us, Tyler today. Analysis Tyler T on FOMO our
calls the kids. Can yeah folks, our coins are

(23:23):
seeing massive V shape recoveries.
Bitcoin all the way back to 1046after touching 100,500 on the
low yesterday. ETH back at 2510, sold back at
150 after touching 140. Mando hit all the headlines.
I'll quickly go through them again.
Circle soars 170% on IPO today. It's up another 12% today it's
at $100. Incredible IPO, corporate

(23:48):
treasuries booming, metaplanet raising another 5 billion,
strategy upping 4X to a billion,and then the Trump media company
jumping up to 12 billion. So these companies are piling
it. It's still the biggest theme,
biggest trend going in crypto. We had bit Fenix and Tether come
out and back a new L1 chain called stable, basically going

(24:08):
to be a stable coin focused chain as I understand it.
We had Uber, they're they're exploring stable coins.
We had news this morning that Google, some of the other mag 7
are also exploring stablecoin integration.
So stablecoins clearly another key theme of this cycle.
We had Fort coin leading all movers on the day up 20% after
the Coinbase adds it to its roadmap.

(24:29):
That was huge. Rounding this out, a couple
things down the risk curve a bitand NFTS, actually Yuga Labs is
officially going to create a proposal to end the eight coin
dial. It's pretty big.
Those Pixabalt punks sold right after our show yesterday, 938,
that was 2.4 million. Notably, the buyer has already
put half of those punks up for sale.

(24:51):
So if you'd like some of those, go go shopping.
I mean, it's punks OTC, right? No.
OK, punks. OTC guy, I bet.
And then we saw a zombie. A zombie punk catcher, $450,000
USDC loan, which I thought was fairly notable on the day, but
that was really it. And I think that the biggest

(25:11):
news we haven't talked about yetis, is either the corporate
Bitcoin treasuries. And it's, it's something that we
talk about almost every day, butthey they keep sizing up.
I agree with Mando. I think that's what drove this
this fierce Bitcoin rebound. You know what, like I don't even
talk about it so much, but the Circle IPO, like not only the
Circle IPO big for crypto, the Circle IPO is big for IPOs.

(25:33):
Like IPOs have not been doing well.
That's why a lot of companies and private markets have stayed
private. And the last IPO that did well
was Grinder. Like that's the last one.
That's to my knowledge and others is like like companies
have not been going public generally.
Like this is not just like a within crypto thing.
This is like you see the percentage of like billion
dollar companies that are private has been increasing

(25:55):
almost exponentially over the last couple of years because the
IPO is just, there's no reason to do it.
Wow. Since I, I saw like there's a
this tape going on the timeline yesterday, that circle should be
disappointed with their their banking partner that clearly
that they launched too low, theyleft some money on the table.
But I feel completely upset. Like I I think.

(26:17):
Everybody eats. You want this type of explosive
IPO action, I think, and all thebig players are still holding
shares, so they get to root thisthing on.
So I I totally disagree with that.
Like this is a this is an IPO that that goes outside the
crypto circles now like 2-2 point Spencer, I could it's it's

(26:37):
kind of shocking the the business world overall Wall
Street and then now clear impact.
We're going to see more crypto, IP, OS.
Yeah, I mean, who's next? Who is next?
That's a good question. I think at some point Polymarket
could IPO. No talking about.

(26:59):
We spoke about this a little bityesterday.
I spoke about with OSFI. Think the other thing to know
here is like the valuation versus their bottom line, but
versus their net profit. What I think is actually causing
the question is like do some of these other Defy style
companies, it's like they want IPO.
Particularly the one that reallystood out to me was Unislob.

(27:21):
Because they. Did the fee switch?
They're based in New York, they argue, make a lot of money, and
I reckon they could IPO at a similar sort of valuation for
months. But like the question is cause
'cause Uniswap already has a a token like in the market right?
But that's the thing. Circle didn't like, I think the
most likely candidate is a company that doesn't already

(27:43):
have like a fungible token, right?
But they don't like. Switch, that's the thing, it's
one of the few D5 protocols thatdecided not to go for the P
switch. And people did say, oh, they
might, they might be trying to IPO here because of that, that
reason. So that one that stood out to me
is like, oh, wow, like maybe youcould see some of the Tier 1.

(28:04):
Well, it's only really then all they did a fee switch make it
did a fee switch only really unit swap didn't.
But I think we're going to see anumber of different crypto
companies do do IPOs now. Ripple, Ripple would be an
obvious one. Kraken's obviously spoken about
doing an IPO. But like I think we could have a
bit of a spate here of of cryptoIPOs.
Could see right now go ahead Spencer.

(28:26):
Sorry, the. Other thing it opens the door
for is like, you know the the the elephant in the room is
Stripe, right? Like Stripe is the most valuable
private company probably or one of the least right now.
And you know, people have been, especially when it might IPO for
years. And you know, one of the things
historically has been that people have been hesitant to
enable crypto products and financial companies that they
might want to IPO at some point because they see it as

(28:47):
detrimental. Like really what this RIP's
bandit off for is a lot of thosetraditional financial companies
that might be eyeing an IPO no longer is it true that crypto is
bad. It might even be seen now the
crypto is good, right? So if you're lining up for an
IPO, I think we're going to see traditional financial companies
add more crypto rails as a bid for the audience that purchased
this Circle IPO because this is this is such a big win in the

(29:09):
IPO space overall. Yeah, this is really
interesting. Yes.
I think there's clear demand forcrypto exposure via stocks and
these companies can find new ways.
I'm curious, Spencer did, did you trade this or are you a
buyer here at $100 a share? No, I mean like look like I'm a
crypto degen at heart, like my crypto.

(29:32):
I'm not like like like my, my, my, my my, my Roth IRA is just
like full Bitcoin and that's my crypto exposure.
And then, like, you know, Unchained the guy professionally
all these other ways, like my myslush fund of stock money, like
I try to anti correlate to crypto, right, like, like
there's no, there's no need for me personally to have.

(29:53):
More to have more crypto. Except like, I think that if
your Roth IRA is anything other than full Bitcoin, like I don't
know what you're doing because you know, that's like money that
you can't touch for like 24 years, right?
Like, what else? What else did you put it in?
I like that 41,986 no more maybe, but 10s of thousands of

(30:14):
Robin Hood users were able to buy shares even though it's a
small amount like somebody I waslike, yeah, was allocated 31
shares. Like it's a 3X like this is
cool. Like like a little bit of
everybody seems to have won herein that trade, Tyler.
So I agree with your take that like it's not they didn't make a
mistake. This is good.

(30:34):
Now will it dump a little bit before it bumps again?
We'll see. But remember Coinbase opened
very strong, then had quite the draw down and then now it's
ripping in in a very big way. So this is good though, this is
really, really positive for for the industry as a whole seeing a
lot of positive stuff on the timeline about Circle.

(30:56):
So absolutely love to see that for everybody.
Tyler, what else is like some ofthe big stuff we already
discussed beyond the Trump, Elonstuff at length circles?
Day 5 month cup and handle playing out on the back of.
OK, actually, actually sorry, what am I what am I saying?
The biggest news of yesterday and the last 24 hours, forget

(31:19):
circle, forget Trump and Elon, the absolute biggest news is the
fact that Coinbase is going to list far coin.
I mean last it's on the road map.
I don't think we have a date yet, but we did it.
That's it. We.
Made it. We made it.
No date. I actually haven't tracked

(31:40):
historically how long this takes.
Is it? Is it usually like?
A like a week no. Oh, you think it's faster?
So you think it's like next week?
Well, when Pepe got the road map, it was a week after.
When we've got the road map it was a week after.
Giga Mog. All these is exactly was seven
days after all of them I think. I wouldn't think it's super
long. Yeah, it was a week, all of
them. I remember the them perfectly,

(32:01):
but I don't know. For for upper members.
I do, I do. I was trading them off of that.
It worked out, boys. I mean, what do we think?
Yeah. I think they need to they need
to get a bias listing too, but it's it's setting up well, far
coin has definitely been the best performer out of Solana

(32:23):
mean coins, right. It's been the one that's stuck.
This is kind of what I said to you for I think it's attached
from from Solana here in the same way that Pepe and mug were
kind of detached from Eke if that when that was
underperforming. I feel as though far coin is
like that for Solana. I mean, there was a $10 Wick on
on far coin on Mexi. This is what we know, Tyler.

(32:45):
That's the prophecy we. Need to fill the Wick.
It's also like the thing about far Coin always has been that
it's just dumb in exactly the way that external viewers think
that crypto is dumb. And that's just the thesis.
It's like people who are like, ah, crypto's fucking stupid,
like fart coin. It's just exactly the way in
which it's stupid and and and that's so bullish because what

(33:06):
we're seeing and talking about is like all these new pockets of
capital coming in and dude, theydon't want to understand defy
like dude, they don't want to understand.
They don't want they don't care about any of this far coin like
easy, like the explanation to far coin takes 30 seconds.
It's dumb in all the ways you think crypto is dumb, and it is
the most dumb. And it's an AI play, dude.
Oh my God. What?

(33:28):
I love this tweet from Steven. Jesus.
Yeah, yeah, it's so good. It's like richest.
Well, this is kind of what Spencer saying.
I was like richest man in the world with the most powerful man
in the world are fighting globaltrade war Coinbase as is trade.
I remember today fart coin like it's such a banger, right?
So yesterday we even got a Kobe tweet.
We got a fucking blonde tweet. We got man.

(33:49):
What's that? Tweet saying that he's Dick
Wheeler. I didn't know.
I like looked at him and was like, is he he saying that he's
Dick Wheeler or is he just? So I I I I it could be one of
the thesis, right? Talk about Dick Wheeler being
like an being like an OG person right like.
Whoever dip Wheeler is is the best shell of this cycle.

(34:12):
But it could. I mean look people are saying is
Bob lacks really on? I definitely do not believe dip
player is Bob lacks. I thought I felt like it was
Kobe paying homage to Dip Wheeler.
Yeah. That was the reaction, paying
his respect. You know, the train only runs in
One Direction. Let's look at the holder count
here. There's something you brought up

(34:33):
to me on the big dip. You're like, well, the holder
counts up. It must be some like, you know,
some, some whale off floating atsome point.
But what we talk about? Should we talk about Moonbirds?
Spencer's here man like. We are going to talk about
Moonbirds. We are about to go into the
Moonbirds conversation in secondhere but we got to cover my bags

(34:53):
OK? 15.
Fucking minutes. So so for.
Are you saying that your bags donot include Moonbirds?
They don't but but but but but but but but now they can't.
You know what I mean? Like there's under Kevin Rose.
That was the no, no, you know, you know this is insane on the

(35:15):
Yuga. I did not see the vision, I'm
not going to lie, and then it started off floating their
their, their, their, their, their extra bags, which is good.
Actually, they made the news. We can talk about it Monday, but
they're going to dissolve the E coin.
Dow. I don't know if you guys saw
that the AIP that's, well, it's not yet, but they've made an
AIP. Nothing that'll pass, but
they're in good hands now. And I think it's the perfect

(35:36):
segue here into this next segment.
And our guest, Spencer, founder of O Cap, gives a sensor.
You are a good friend of the show.
You're a friend of rug radio. You're an OG or rug radio
mentor. We're all good friends of yours.
I don't think he's much more of an introduction, but maybe give
yourself a quick intro of like what O Cap is in general, 'cause
I feel like some people weren't really aware of OCAP until like

(35:58):
this big acquisition. You created a game for pudgies,
etcetera, which is super fuckingcool by the way.
But tell us a little more about like what you guys do at OCAP
and then we'll get into Moomba stock.
Yeah, OCAP games is, is is my company.
You know, we, we made the trading card game for Pudgy
Penguins called Vibes TCG. Vibes CCG has absolutely
exploded in the last year, has been over $1.5 million in sales

(36:19):
of physical cards since December.
Primary sales, secondary market,really hot.
I mean, there's a $5000 sale on eBay, a $4500 sale on eBay for
single cards, individual cards, like tons of like high dollar
sales there. We just had our championships.
There's 138 players in person battling it out for, for, for
the Championships of the Americas about two weeks ago.
And there's a full online game too, which has had, you know, I

(36:42):
think over 350,000 games played since December.
We've also partnered with eBay, CGC, Star City Games, even Vanek
to do Co branded promo cards andactivations.
So kind of really deep there. You don't hear about as much on
CT because really it's truly like a trading card activation
as much as it is a crypto activation.
So a lot of the growth of that company comes in like

(37:03):
traditional trading card space, but really like what you know,
that company has done, especially pertains to moon bird
is just like demonstrate the type of quality of product we
can put out there, right? Like we're putting out there a
trading card product that, you know, is growing and competing
with, with major with major players.
The the number one magic circuitin the in the United States is,
is is called star City games andthere's four games on the
circuit, Magic the gathering, flesh and blood, Disney Arcana,

(37:26):
Star Wars, and the fifth one they just added is vibes.
So like that's the arena that vibes is playing in right now is
like the top of that industry, right?
You know, now, given that we hadthat reputation of like we can
make cool products and do interesting things with IP,
right? Like the thesis of Orange Cap
games is bringing IP to life, itjust kind of makes sense to have
like our own IP, right? And so, you know, we have our

(37:49):
full, we like part of our team is a full production team based
in Asia that like goes to the factories overseas, all
manufacturing. Like we're really hands on when
it comes to making like physicalstuff as well as you know, like
obviously I'm degen native, likemy Co founder is also degen
native. Like we're we're like like when
it comes to understanding the crypto component to things like
got it like we've been here. We've we've done this rodeo.

(38:10):
I mean, obviously not, you know,you can never say like 100%.
I know everything's going on, but like certainly like they're
within the scope of people that could run something like this.
Like we we have more background,especially in the NFT space,
especially in the NFTIP space, all that kind of stuff.
So it was just something that really made sense, right?
Like, you know, talking to Gargo, like Moonbirds need a new
home for you're just saying thislike it never quite felt right

(38:32):
in its prior iterations. And that's not a knock at the
people who had it. But like you got owning
moonbirds just like wasn't the right thing for Moonbirds,
right? And I think you got knew that
too. And, and so like it was just
this mutually beneficial thing where like someone needed to
take over Moonbirds. You know, I, I, I care a lot
about NFTS. Like NFTS are so important to me
in my journey that it's also partially like, how do I give
back to it? Like how do I become part of the

(38:54):
thing that did so much for me? And like in terms of who could
take over moon birds and do something special with it?
Like, I think we were really well positioned to do it.
And, you know, sometimes when you make those big decisions in
life, it's less like, oh, like, what's the math of all this
working out? Whatever.
It's more or less, yeah, let's just do it right.
So that's kind of the the originthere.
Interesting. Were were you evaluating any
other collections or or IP or Yeah, I mean.

(39:16):
We've, we've been offered collections in the past and you
know, like we, we've gotten a look at basically everything
that's, you know, been trickled out and like this is just the
one that felt right, right. Like it's just like, I love moon
birds, by the way, like just theart of moon birds is so
striking. Like Justin Mazelle did such a
good job, especially on mythics.If you've never looked at moon
birds mythics, like go look at that collection.
It's insane. The Let's have a look.

(39:37):
Yeah, let's have a look. I mean, just, you know,
obviously NF TS are a lot more than just art, but if NF TS were
just art, like I think this is easily just from a pure like
drawing and quality perspective,like, you know, top collection,
right? And again, I'm a little biased
here, but just. You can't, you can't say a
little bit a. Little bit?
Well, you can't say. That they're cool.
They're they are cool. And I tweeted this long before

(39:59):
we even were in discussions to acquire this right when these
first came out. They just, they look cool.
It's interesting, it's really well drawn.
It is that kind of stuff. And so, you know, and it and it
never really saw the light of day, right.
Like the number of people that I've met were like, I didn't
even know there was illustrated moon birds.
I didn't even know that there is.
So just so you know, like moon birds aren't just pixel art moon
birds. Also, every moon bird has a full
illustrated version. So if you click on it on open C,

(40:20):
there's a little icon in the corner that says illustrated and
you can see the illustrated and the pixel version.
Every single moon bird. Yeah, exactly.
Did you know that as a thing? No, I didn't, but when I saw my
moon birds for $180,000 loss I never looked back.
No, exactly, but back in now. This is the memetics of it.
Like movers are kind of funny. Like everyone's reaction is like
dude I sold it for my fucking giant loss or whatever right?

(40:41):
Like. I know.
It's funny like and like, you know, and.
It's got good lore. It's it's got, it's got lore of
exquisite quality, right? Like, you know, you can find
that deeply upsetting, or you can find it funny.
And I'm. Just gonna find funny.
And like, do the funniest thing we bought it was, you know, we
got a whole bunch of new people kind of coming in in the Discord
and like the core moon birds community was like, Oh my God,
like there's 48 PFPS like buyingmoonbirds unironically and

(41:04):
tweeting about moonbirds like it's hell freezing over.
Like what happened, right? And they're like, yeah, dude, we
just, you know, we like the apes, like they like us.
Like like, like they're like dude, what?
So how was what was the what wasthe process like to acquire a
collection from yoga? I mean, there's sort of like.
Whatever you can share, of course.
Like there's sort of two steps to it, right?
Like 1 is like, you know, the conversation with Garga about
like, hey, like, let's do it. And like here's kind of loosely

(41:25):
the terms. And the other is just like, you
know, lawyers always got to do their lawyer thing and make
things more complicated than it needs to take forever.
So, you know, I think the conversation with Garga was
pretty straightforward. Like, you know, he, he was
pretty clear. Like I knew it too because like,
like, you know, look, as everyone's been talking, like
when are they sell boomers? When they sell boomers, It's

(41:47):
it's not like a secret that thisis kind of like been for sale,
right? And so having a conversation
with him, what are the terms around it?
How do we do it? Right?
You know that that took not thatlong and then a lot of legal
stuff, but like almost nobody knew that this was happening,
right? Like literally our team found
out like the night before. And that was something we were
pretty proud of was like, like we announced this like hours
after it was signed, right? In the sense of like, like just

(42:10):
we just the longer information that's out there, the more
people that know, the more it could leak.
Congrats on on no leak. That's probably the first
acquisition in the history of NFTS without insider trading
happening. Like you can tell here it's.
Just it matters to me to do things right, right?
Like, like I want, I want because like I also like I

(42:30):
wanted like, like we literally put out a tweet from Orange Cat
games account, like to our vibesplayer and stuff like put
notifications on this account 'cause I was like, I want the
people to eat to be the people that like paid attention to
listen to us. Like when we say that there's
something big happening, like really big, like so
announcements so much bigger than you could ever think.
And like, I wanted those people to be the opportunity to get
like the first look at getting in right, 'cause like, you know,

(42:52):
that's, that's people who are already part of our ecosystem
who already ride or die with us,right.
And. I'm an investor.
I'm an investor and I missed it.Oh yeah?
Well dude, like that's on you. Yeah.
Yeah, dude, Mando, how does it feel to be an investor in in
Moon Birds? Whoa, Mango.
Investor. You own moon birds.

(43:12):
I'm something of a moon bird myself.
Yeah, I. Dude Canary, Canary Labs, man,
Canary Labs in control God. Canary big big year for Canary
labs. Yeah, I honestly, I Spencer, I I
thought you've done this by yourself.
I didn't know this is Orange Capgames until this show right now.
That's how cool I thought this was done by Spencer Ventures.

(43:36):
So I am over the fucking moon for this Orange cat games and
we've got a trading card thing for it.
I thought you'd just bought it like in the same way that Lucra
bought Pudgies is like a trade out of out of because I know you
do some stuff with Spencer Ventures, but this is much
cooler than than I than I initially thought.
There you go. I'm fucking all for this now.

(44:00):
Because it's your bag, dude. So yeah, no, I mean, this was
the other funny thing. It's.
Like boom bird, I'm in. Go get yourself a member.
You're 70s motherfucker. Dude, no.
I'm like a buy one now why not let's?
Involve that. I mean, like, here's the thing
too, is like the funniest thing about this.
So when we did that fundraise originally for, for, for Orange

(44:21):
Cap games, like, you know, we'vegot obviously Mando, we've got
OV, we've got, you know, Wizard of Soho, even Sisyphus, like
we've got all the D gens in. We also got a lot of like
traditional people. So we have like the founder of
Crunchyroll, the former CFO of Roblox and Marvel Studios.
Like, you know, we've got a lot of like both sides of it.
But The funny thing to me is like, like, I think Moonbirds
never really had CT, right? Like CT was never really behind

(44:44):
Moonbirds. It was really like the sort of
Silicon Valley tech pro kind of community.
I think like is a lot of what which is a great community to
have by the way, because they don't overlap as much as you'd
think with CT, but like they never won CT whereas like for
us, like, you know, stuff like Mando dude, now they're
contract. CT is now contractually
obligated as investors in the company to be foolish on fucking
moon birds. This wasn't put in the orange

(45:05):
cat games angels chat so I I. Think super was.
Was it? I'm looking.
I'm amazing. In the world.
Oh wow, it was. It was my.
God, it's so good. The listen here is is the guy.
Pay more attention to what we'retweeting, what we're saying,
what we're what we're messaging.Like don't, don't ignore the

(45:28):
alpha bro. It was there the whole time.
I'm liking that tweet now. I'm liking that tweet now.
So Spencer, you've you've run anNFT fund, you are familiar with
giving pitches and explaining your trading.
So what? What's the Moonbird pitch right
now? Friday, June 6th, 2025.
Look, right now and I, I've beenvery transparent with everyone,

(45:49):
right? Like we acquired it on Thursday,
we announced it on Friday. My team didn't know till
Thursday. Right now what we're doing is a
step wise approach, right? Zero at step is just reactivate
the community like get people out of the woodwork.
So one of the things that we've really leaned into, I think this
is a very special moment and it's different from 21, which is
like AI, the ability for AI to enable IP as a community is

(46:10):
huge, right? And so we've done all these copy
pastas. I'm sure you've seen them on
Twitter, people, you know, making their moon bird into
Goku, making their moon bird into, you know, cooking like
from Ratatouille. Like we're using that to upscale
our whole community right now and activate them on like, like
what moon birds always was, is being on the cutting edge of
technology. NFTS in 21 was the cutting edge
of technology, right? Today, NFTS is a lot more

(46:30):
settled into what they are and AI is the cutting edge of
technology. So we're bringing our community,
we're ups scaling them on AI andwe're making them a force to
behold in terms of their abilityto disseminate IP, right?
But that's step 0, activate community.
Step 2 is grow platform. So we launched yesterday our
Telegram channel, our announcement channel on
Telegram. Expect to see us going to more
platforms, Instagram, TikTok, all these other platforms to get

(46:52):
more of the moon bird word out there.
Just grow the platform for what IP is right?
And really like, I think of thatas what it is like Moon Birds is
a is a platform like it is what you've seen of the most
successful NFT companies is theydon't treat their company is
just like a single core product.They treat it as like the
product is IP and we're using the IP in a bunch of different
ways. They're interesting.
And whenever there's an interesting thesis narrative
thing happening in crypto, we can jump on it, right?

(47:14):
Uglab's doing 12 fold when ordinals happen, right?
Like Pudgy being in a position to launch a Solana meme coin
when Solana meme coins are ripping.
Like right now, what we need to do is grow Moonbirds brand and
IP to a point where it can take advantage of whatever the the
leading narrative is when the moment is right, right.
So growing platform is kind of our next push.
That being said, also like we are a company well known for

(47:36):
making especially good physical collectible products, but
collectible products overall. So we have a bunch of that in
development. We haven't made any project
announcements yet because our team is still doing some of the
R&D on that. That's going to be, you know, a,
a period of time to get there. And there's a lot of work we
have to do between now and then.But also again, like there's a
lot of internal and extra conversations we're having.
We haven't made any commitments.This is like right now, the

(47:57):
moment of moon birds. It's like, do you want to ride
with us or not? If you want to ride with us on
this journey we're about to go on where we try and grow really
exponentially and rapidly and maybe we win and maybe we don't
like now is the time to join this.
It's not a pitch of like join for a specific product or a
specific anything else other than that.
And if you don't want to do thatand you hold moon birds and you
know, this is you're like liquidity dude, like, Congrats.

(48:17):
You know, I am not offended one way or the other.
Like if you, if this is your time, if you don't want to ride
with us, if you don't, you know,want to hang out and be part of
this journey, like no need. I understand, you know, there's
been a lot of people getting some beautiful moon birds
recently from people fumble and grails and that's great.
Like win, win. Like I, I, I, I'm not here to
show you on like go buy a moon bird necessarily.
Like I'm here to say, hey, like if you want to ride with us on

(48:38):
this journey, we've got some exciting stuff.
You know, we're that we're, we're working on.
We're not making any commitmentstoday about what that is, but
you know, we're cooking and and if not, again, no worries,
right? Like I'm not here being like,
oh, you know, here's, here's this grand vision.
No, like we, we are still building that vision.
Like like literally knew no one knew about this until like a

(48:58):
week ago. So takes more than a week to
build a vision where you take over the world.
Of course. Well, we'll definitely respect
that. And man, I think a lot of people
rooting on moon birds. 2 point O.
Do people want to see it win? This is the best thing.
It's like like, you know, like like like like everyone like the
number of people I know who madea lot of money in meme coins,
all this stuff right tons. But regardless of how much they

(49:20):
made in meme coins versus NFTS, there was something that NFTS
that was just more fun, like 21 cycle was just a lot of fun and
moon birds kind of peaked when the fun of NFTS peaked and part
of this like revitalization is like like let's bring everyone
back to that like let's just make it fun again, right.
Let's bring it back to that 21 moment and like people are root.
People always root for NF TS to come back, regardless if they

(49:43):
think they will or not. They want it to come back.
And people like, like people want specifically like there's
no community that's been throughmore than moon birds.
Like what a what a storied history, right.
And so like, you know, my favorite thing when we first
took it over, I was like in the discord typing and the community
was like, Oh my God, like they're typing the discord
right. We tweeted from the account and

(50:03):
they're like, Oh my God, like they're tweeting the account.
Like, dude, you know, like, think about that against like
the expectations. And then some of the, the fun
from other like, like the, the bar for us to do a little bit
more than what's been done is just so incredibly low.
And, and the energy like, look, this is a community that hasn't
been activated for like, you know, years, right?
And everyone's stuck around likethey're just so excited and

(50:24):
they, they like a lot of them too.
Like what I'm learning is like, didn't like, like a lot of
people didn't sell their Moonbird and then buy another
community, right? Some people did, but a lot
didn't. A lot of people like just kept
their Moonbird, held it down, either left crypto or left CT or
left NRT Twitter. And like those people are just
coming back and they're, you know, they, they haven't
experienced the trauma of the pump fund cycle.

(50:44):
They haven't experienced the trauma of the liquidation cycle
of Libra and all this like, likethey're coming like it's almost
like a time capsule from 2021 interms of like the energy and
excitement. Like, dude, like our GM tweets
today, everyone's tweeting GM. Like do you know how long it's
been since GM tweets had engagement on Twitter?
I know actually I forgot the last two days.
Fuck. But like, they're back, baby

(51:06):
like. Do I see like 1000 replies per
day but on the GM tweet? That was crazy.
Bro, that was 21. So I'm saying we're bringing
back the 21 vibes, we're bringing back the GM teams,
we're bringing back the dude. People are hanging out in
Discord. Everyone's like I haven't hung
out in a discord in like years, right?
Do you remember? What we used to.
Do that. Yeah.

(51:27):
Let's run it all back quick. I know we, we got to wrap up
here in like a minute or so, butjust what, what, what are your
quick thoughts in a team market outlook here?
I mean, dude, NFTS look dead. They've been looking dead for a
while, right? Like, no, no, no, I'm not coming
up here and arguing anything else than that, right?
I think like that being said, that's the exciting place to be
from. Is that like they look so bad
that someone wants to see you tocome back from it, right?

(51:48):
And I'm not sitting here tellingyou anything else other than the
truth. And like, I think what you saw
was like, like NFT needs to be aplatform to do something outside
of NFT, right? That's what Pudgy did really
well was they took NFT to do Solana mean claim and Solana
mean claim was hot, right? Like what NFT is really good for
isn't the end goal. I think, I think NFT is really
good for the platform building and the IP building that
ultimately gets used to the end goal, right?

(52:09):
So like even within where the NFT space is today, I think moon
birds have a lot of space to grow, but also like at some
point that like moon birds must grow outside the NFT space
because like it is capped. But that's not like a that's not
a failure, that's not a fault, that's a feature, right?
Same same way that like, you know, like how big the circle
grow before IPO, right? Like you don't want to IPO
circle day one. Like doesn't make sense, right?

(52:31):
Like, like I think that that's how I view the space.
But I'm not coming in here beinglike, dude, NF TS are back
forever. I mean, we're trying to bring
them back. I'm trying to make it back.
But I'm also realized like volumes are down hugely and I
don't think they're ever going to go back to what they were in
21. That doesn't mean they can't
come back in some way, in some meaningful way.
I think Pudgy showed us that. I think a lot of, you know, the
last unit of time has showed us that.

(52:51):
But like people just want to seethem win.
And, you know, I think we're well positioned to be to be the
one that wins. There you go.
There you have it. I love that.
This is a good thought. Stay with us, Sensor.
We're going to we're going to doa triple giveaway if you want to
hang out. All right, I'll hang out for a
triple. Just just for just for you,
Farouq, I'll hang out. Quickly though, breaking news,
and this is actually fucking bigand I do need to talk about some

(53:12):
myriad stuff for a second here, but did you guys see the latest?
I I just got pinged by like every single human being on the
surface of Earth. X just announced that they're
joining forces with Polymarket as their official prediction
market partner. Oh, Speaking of a company that
hasn't done a token that could go public.
That's why I thought that as well.

(53:33):
I think probably market public company makes more sense in
token. Wow, this is big guys.
That's huge. I I love to see this.
The time just grows for prediction market.
So this is good news for us. Well, I mean correct me if I'm
wrong, but like the last time that like like X cut the Twitter
PF the the PFP verify the key thing like like this is the

(53:53):
first crypto thing that's been added to X in a while.
Yo this is true. Wow.
So is it going to be on Polygon?I I mean polymarket's on
Polygon, right? This is really big.
I'm very excited also to see what this means.

(54:14):
The next information age won't be driven by 2300 meters.
Mullis, our partnership with Xbox and the truth of the
Internet. The future of news is optimized
for truth, rooted in transparency, and anchored in
reality. Wow.
It's massive. This is fucking big.
Yeah. Good stuff.
I love it. I love this shit.
This is really really really. What was the news that was like

(54:37):
leaked like a week ago was was that with Cauchy or was it all
it? Was somebody somewhere lied here
because they announced calcium on Bloomberg with X and I had a
call with X last week because I was curious.
We hit him up and I talked to the people in charge of all this

(55:00):
or not, but it was someone pretty high up there and they
were saying that there's going to be some prediction market
stuff, but nothing's official. So I was like OK this is SUS and
now I see this so. Well, as the owner of a
prediction market, how does thatmake you feel?
I'm, I think it's amazing. I think it's absolutely
incredible. Polymarket has done an
incredible job taking predictionmarkets 0 to 1.
Calci is doing a good job makingthem legal in America because

(55:22):
they're the only ones with the DCM license.
And so for me, I think it's great.
I think the Tam grows here. The amount of people that want
different types of markets. I mean, we do have a better UI
and UX and I think most production we have, we have, we
are, we have parity with Polymarket and Calcium when it
comes to user experience and user interface.
So and our tech is just as good as anybody else.

(55:42):
We just aren't as big. So I think it's great.
I love it. I think it's fucking awesome.
I think we're going to be addingzero to our evaluation soon.
Investor in Farouk's Myriad You know I'm bullish my bags.
Oh. Yeah, dude, what's up man,
though? Partnership with threads maybe?

(56:03):
But do you guys think it has something to do with Don Junior
being a Kashi advisor? Tinfoil hat on.
Yeah, maybe. Tinfoil hat on, tinfoil hat on.
Oh, Tyler had to go take care ofshit.
I think his kids were screaming again.
So funny. Sometimes you'll hear something
like Tyler's kid in the background and he just leaves.
It's so funny. Anyways, all right, let's get
one.

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