Second Bitcoin Space

I don't know, I don't know what you're doing. I'm making a sense. I need you chasing around. What's the matter? Everybody's laughing. I need you to be there. You must be fucking desperate. You let me speak. Well, I'm not trying to test. You got me in different behaviors. My behavior is not your concern. I know, but it is other people. My wife's concerned. She's in the physical realm with me. She asks, I'm supposed to say my actions. You may only hear them. And you can mute me. She can't mute me. I'll pitch you with my cock. I'll put it in a mug. She won't be able to speak. You can do the same to me. So you shouldn't be concerned with my behavior because you're in control. I just would like you to. Yeah, you do, baby. You're always the host. I've never seen you not be the host. I love you. I love you control. By the way, what happened, though? Where do we all go? You know, I don't know. I just sat down in the space. I was just in the spot. I don't know. I don't know what happened. Here was so much security around your house. Maybe that's the problem. I have to be there. I'll use in a white fire. No, I don't know. So you don't give me a white fight code. Fuck's sake. Get a microphone. Sorry, sorry. Let's get a microphone. I do have one. I'll have to find it up on my self-unit. Hey, what happened to your boyfriend, Grant? Why are you so far? I had my tonsils out when I was three, and church village. Well well, my in town. I've been herodidneumocognosis from my grandfather, which is a mine, a mining disease that we had in the Welsh valleys because of all the diamond in the dust. And then I smoke a lot as well. And 44 now. I smoke smoke. That's the terrible. It reminds me of my granddad. Okay. That's the way I connect with him. So it's kind of a nostalgia. All right. We got GDA. We have NIM back. Sorry for the road. Not intentional. Yeah, no problem. Gary was just being like. Gary was, he's only to say a bear. And now he, he like, he's like, lays it on you for a predlector. He listens for about an hour and then he starts going into these ultra bearish thoughts. You know, like, you think he's like, yeah, like, like, Gary, where do you feel so disgusting? Well, man, it's all going to zero. But the fun. I don't get it. I don't think he meant that. I don't think he meant it like that. I think he meant that like the media will tell. The masses. And the masses will, will sort of become that, that side of things. The leather people will, will obviously know the truth, but he's sort of explaining. And what the met in the media will do with the, the legacy media. The difference now, I guess, is that we don't need legacy media because we have. Where are the legacy media? Where are the new media? Well, you need to, you need to fucking be, be more powerful and optimistic. You know, like, and there is truth in optimism as well. And you know, the truth makes you feel optimistic. You've thought about all the downsides. Right. So you have to think about the downsides. You have to explore them. But, but then you have to explain them very quickly to the masses so that they, they're able to hope. That's all we're doing. Twitter is the new town square. Remember, or the media. So many voices, but big voices, not, not people like me with 1000 fucking followers made. Because I don't work in the digital world. I work in the physical. I create value physically for people. Right. And the digital needs to get behind that because if they don't, they'll be marketing, fucking repossession homes. Yeah, where there's no value for the masses only for the few. A, we'll find, A, I will find that bit going to find that and we'll put you down the ladder. You have to give physical truth value to people. So they can evolve and they can grow. They can live longer. You know, that, but that is, that is the key. Right. That is the key. There's a cheat code. The level move. I think it stops smoking helps you live longer. Yeah, I think this. Yeah, but not when you're not when you're ancestors. No, my DNA is used to it. Ancestors smoked. I'm in the boundaries. Tara, have a cigarette from around. Have a slow. Thank you. Thank you. Thank you. You're welcome. So your wife, I skip it. So what do we think here about about Sailor? Do you think he's done selling? Do you think he's got more to go? What do you guys think? He's a pirate mate. He'll keep sailing until the long sea comes to a new land. He'll keep sailing man. He's a pirate. That's what pirates do. That's what he's here for. What the fuck in the right man? Yeah, he's a pirate man. Someone has to go get the treasure. Someone's to show us it's there so we can share it so we can believe in it so we can have a dream. Sail that big sea. Be a pirate and give and take and dream. Okay, so Sailor is a pirate. He's out to get foodie on the five seas. Yeah, he needs to put a STRC back to 100, right? So as long as it's not back to 100, he he should continue selling, but he's selling more. He's still sold like 100 million worth of Bitcoin and 600 million worth of common stock, right? So not sure if that's the ratio that it will continue, but... Yeah, they seem pretty... It's not the last week. It's not mainly the stock. Yeah, mainly a STR, yeah. A 7 to 1 ratio or something. And yeah, he's still committed of it being the iPhone moment of crypto assets, STRC for those who like money. I love that for those who like money. Money is money is fucking yesterday's news. My brother. Money is next yesterday's news, right? We've lived on money for the last fucking long. You little asserberk rep round. Do you like money? I see money is... I see money is blood. Blood? Yeah, flow. Flow, I see. Oh, hi, is this guy? Which one were I wanted? I need the like it. I need the like it or dislike it. It is part of life in this moment. Is marijuana even legal in Wales? Whatever you said, your face. It's my mushrooms. Mushrooms, I have mushrooms. Oh, you take mushrooms all day. I got it. Mushrooms. I feel like Fred, this app is just a sort of a sewer of windows. It's a window. It's a window. It's just a dumping ground. People just love to get fucking hammered in the middle of the day up here. It's a mushroom. Should we have a break? Getting completely smacked. I don't know what's he's probably a farmlipper. Yeah. Then we have Rembrandt. Rembrandt is like a mushroom. What the fuck? What's about the hollage and drug habits? Then we got the guy. The guy yesterday, do bro. Dog brother. Brother. From another mother. That's some skateboarder talk there, isn't it? Yeah. Yeah. You here yesterday, J.W. Yeah. Yeah. They cleaned it up today, though, man. He was just throwing a few minutes ago. He seemed to clean it up, didn't he? He was a little bit more self-conscious. Yeah. A little more self-conscious. Yeah. The first time he had absolutely no idea how many times he said, for dog. Or dude. Dude. Dude was like every other word for dude. I kind of enjoyed it. I got to tell you it was pretty. I was playing back a little bit and I was like, this thing that they were like, I thought he was with his name, Spadinski and Fast Times at Richmond High or something, you know. I feel like it's like J.W. from breaking back. You know, you know, you know, you know, you. You science bitch. So that's the impression I have of all the traders, honestly. Like some people that they feel like they're against. They're all kind of the same. They are. Like they have like a very same way of like something about them. I don't know why. Yeah, they never lose, right? They only pick winners. They have sort of the same way of talking about everything. If you notice that, they spent the whole day floating around spaces, like catching, catching the alpha, trying to sell the pico tops and buying the pico bottoms. And I want to say about the pickle bottom. What's happening? I feel like this app and Bitcoin almost kind of stuff is. It's even weirder than usual. Like it's very weird these days. I think what they do, they put birds of feather together. Yeah, so the birds with the proper fucking knowledge and the understanding of the truth can talk, discuss, fly higher and then they can lay some fucking eggs in the trees, mate. And more little fucking pigeons will turn into fucking eagles, whatever the fuck they are, right? That's very Rembrandt of you. Oh my god. And the subs too, right? Did you just kick him, Fred? I think Fred just kicked him. You're not like, son. My butt. He should add some voice to your mother. It would be more pleasurable. My buddy was listening in the background. He was like, man, what's wrong with that guy's voice? I was like, I don't know. This app kind of makes me the only downside of it. It makes me kind of hate like a lot of people now, after being on here. Like, especially when you're hosting a space and just like, you just get some guy that comes up and he has like a slightly weird voice. Like his mic sucks or just he says something a little bit weird. I just want to go. Oh get off right now What's annoying is when you're hosting right or co-hosting and the same person keeps requesting and you have a green Yeah, so it's like dude like get the hint so then I It's always the random guy like that doesn't follow you or follow it follow anyone you know anybody yet He's got like 10 followers and he's like his accounts like old There's like nothing on it We haven't you Jamie no You gotta need we got crypto crank now. I don't know So Fred you is he is he on Twitter or hosting like I don't I don't know locked him. Yeah, I don't know. I don't see him at all Thank God. Yeah, I don't either. Yeah, he's up there in spaces. He's usually throwing And alternative space Easy easy way or easy gay No, they hate each other now Yeah, he's not with him because I see easy spaces. I don't I don't ever see him in there I used to I used to go to easy spaces, but he's just been talking about the bull coin. Yeah, that's when I got out too Like I don't I don't I'm not into that shit So So Fred you should don't you have this project that X haviar or something you should add this agent to Moderate these spaces. So whenever you kind of train it I don't think it is you know the ability is to kind of handle Like this fast speech type stuff nobody can do that Now, but you know another problem is the stuff uses anything AI It when it involves speech it uses massive amounts of evidence. So I think I think Chatty which is losing their bottom money in this speech Well, yeah, I don't know you could use other inputs right? There's a link of project 11 which everybody uses but it's very expensive We try it. So what's gonna you get it happen open AI? because I'll tell you the truth I've been finding ways to cancel it and then just wait and they give me like a free month I mean, I haven't paid in months Really? Yeah No, I just keep getting a cancel it and then like like a week later they'll be like here come back for a free month And I'm like all right Yeah, oh I just got a discount when I tried to cancel they said oh you got They're trying to give me a discount. I said fuck that. I'm just gonna cancel it and then oh I took the discount time I'll just wait you'll get three months But the reason the reason I canceled it was originally you could get a $20 codex and you could code forever And then they started really tamping down the the limits and I was like well screwed then I'll just use Claude So I just got rid of it and now I'm getting basically getting it for free. So But I don't know man But I don't know it seems like it seems like everybody's switching to a codex these days. I use it a little bit seem like I do I use both but like I don't know everyone I work with is like no we're done with Claude we're on codex when codex like everybody It seems like I don't know I'm not sure why Um, I use them both for different things Well, it's much more cost efficient in my experience right? Well, this is for works or the works pay for it So that's not it's not money wise. I don't know. Yeah, it just seems like you don't have any Limits on your job on how much you can use no credits or anything No, not really but there's mythos a fables blocked out now after I think that was blown up the bill so it's gone in its band mythos band Yeah, yeah, my experience had those are more more costly It literally was great out and it's like no don't use it ever again I feel like fable is just not Maybe I'm just like I don't I don't I don't think so either at coding and stuff It doesn't it's not really to be honest any better But it's really good for it's really it's really good for weird stuff like I'll just give it like a random sheet of music Well, I'll be like what was that cow Are you eating a ranch Fred Now Get fable to do like really weird stuff where it's not gated like I just gave it some sheet music and I'm like You put the chord play the chord diagrams down. I'll play it all song again You know, it'll literally it'll literally put the dot the chords out and it's correct. It's crazy So I think they're I think they're personally gating it. I actually think it's like almost super intelligence and they're gating it what is Fable I think Fable I think is way more amazing than we we notice but I because I think they gated because like I give it some sheet music I'm like can you put together the chord diagrams just And literally it'll be perfect. I mean it's amazing. I don't put together different voicings and everything Like real jazz voicings So it's it is amazing. It's just that I think they uh they they they uh Hinder it So that's why it's not that good So Fred did you see that they sove the the Riemann hypothesis They did not solve I saw yeah yeah, it's just just joking and uh I saw somebody said So I did see some many mention today um and he he's a guy I follow actually and uh he's uh what's the guy's name um Is it the prince don guy who you know he uh This guy had personally solved he's a graduate student right Let me let me find it again. He's a graduate student And he's personally solved three erudost problems personally what So Yeah, he's a he's a he's a let me just give me He's a he's a guy I know it's sort of following him recently I can't of course I can't find them but um Yeah PhD this is it uh No, there's another guy solved six problems in five days Wow using open AI GPT-5 This is I didn't even know this guy So this is another Chinese guy solved six Air open air to problem five days pretty amazing um So these problems are going left right If these problems are getting solved Yeah, the reman the reman hypothesis was just uh improvement on On a bound right something like that Oh, okay, they actually did get somewhere on it Yeah, I even forgot if it's open AI or uh Or ontropic Let me see if I find it No, no, it's ontropic Okay Yeah, but uh who posted was was that uh that guy who Who made the Jacobian conjecture who who who disproved the the Jacobian conjecture as well by asking favor to do it And apparently the trick is to keep saying oh don't trust yourself you can do it And Don't don't don't give me any excuses like keep going and yeah That was the the input of the mathematician apparently See it did not solve the name problem but increases the lower bound for the fraction of zeros satisfying the hypothesis from 41.6% to 67.2% wow Okay Yeah, I kind of ran them but you know interesting it's something I guess I Attribuionist I don't understand who what I what I do know is that I mean for those who don't know the reman hypothesis is one of the millionium problems For which there is a one million dollar prize Those are problems hope open for for a while and yeah It's probably the most uh Well known of all the problem Yeah, yeah, reman hypothesis is the most well known yeah, I say it is You know the zeros of the Yeah, maybe a close second is p different than np are you you're probably familiar with that right? Yeah, yeah, I actually Spend a month for working on myself for giving you know back back when It's it you know, it's uh That problem pmp was you know even back when I was doing that you know and uh In the late eighties that problem was already viewed as almost involved Yeah, I thought it might be solved by now but no But it might be insolvable that one. I think the reman hypothesis will be solved I think it will be proven pmp But humans are not going to be useful for that much If they if they can solve that I don't know, but there's so this was very surprising to me. I was always a person who thought, oh, math is like the most like is the man is the best measurement of intelligence and the people that are bad at math are just strictly dumber. Then the people that are more on the humanities and I don't know, people that are going to be forwards. But yeah, I guess I is showing that is the opposite. I shared the guy to the space. The guy's name is David Turfurim and yeah, he's followed by David's alphabet, Queen Bull and 12 other people that I followed and he followed me. So yeah, he solved three air-dose problems and he said today or he said the eight hours of remodeling hypothesis will be solved by the end of 2026. Okay, that's not far. If we don't solve it by 2027, we will look back at it as we didn't point the model at the problem in the right way situation. Not a problem even more. Yeah. I respect these predictions when the person has skin in the game, right? Maybe put some, yeah, he's just saying stuff for it. You know, I respect the people like Dave from earlier that he's said he's going to sell out his Bitcoin for the look, Dash, Junior coin and he's going to stick to his mouth like, you know, that's the stuff that I respect. Yeah, but he's a retarded. But he's a retarded but he has more ideas, you know, he has his principles. He's an honorable retard. I think he's kind of insane. What are you talking about? Oh yeah. He made no sense. He was talking to him like telling Thomas that he was a shy old. He's talking about that. Yeah. He was saying, you're in your 60s or something, you're being like a child, like a typical old person. It didn't make any sense what he was saying. It's just insulting, basically, yeah, at least in a salty form. I can't believe somebody, people can be so delusional. I remember reading, they're like, why it's guaranteed because like the game theory user softwork this and that and I was like, okay, but it will be interesting. I really do want to see them create another coin though. I think it'll be funny and interesting. But you kind of want to see it? Yeah, I want them to waste their time. Go for it. I mean, because you're just going to see this thing just bleed and die over time. And then you're going to see like just like the BSV people like six years later, what has it been maybe eight years later, they're going to be still talking about how like, this is the real Bitcoin and like, and they're going to be worshiping. You know, instead of instead of Craig, right, it's going to be Luke, right? Like think about how crazy that is. Like just wild. Well, you know, there's going to be like, at least the sky bottle, not look to court with them. And now he's doing it on coin. Like, it's so weird, right? He's like, he's becoming Craig, right? I heard you say in a previous, yeah, something, something like that name you cut out. You're right. He's basically becoming his what he hated. The guy that sued him, that's bizarre, right? Like it's so I run. I mean, I'm telling you, there's something very weird about it, right? I don't think most people know that Craig writes to that guy because he said that he disagree that BSE was the real Bitcoin or whatever and then I don't know what he did, but I remember people, remember people raised so much money for him or something. He was in the UK, right? Yeah, a lot of people, you know what, some of the people here on this page did, you know, I want to say, how gave him money? Oh, like, yeah, I think I might be with him, I think I do remember kind of giving him money. You know what, but how crazy is this? They've only mind blocks. They still owe the money to block. So the difference. I mean, so you're saying they still got a chance, Fred, is that what you're saying? I'm just saying the most insane shit. Yeah. They are fighting against the mining Kabul, who is attacking Bitcoin? But like, here's the weird thing that they just didn't, they didn't like, it felt like they switched. They just didn't do anything. They just literally just drive. No, they have a chat on Slack or something and they are, and they are thinking about the new name for the ticker. What I was always confused about was they said like game theory, like, I couldn't really say the logic, it basically, but how did you even understand the argument? I did have the argument, but you did, I think I did, but I, you know, it sort of made sense to me at the time, but basically, people would switch because there's no cost to switch. It would cost them nothing to support Tip 1. But actually, in retrospect, the argument was completely false. But why would they, I get it, but they would have to switch the version. There is a little bit of a cause. You have to go do something. So look at this. They did 266 blocks. So basically, 200 and almost 300 blocks from mine and meanwhile, two of the other blocks from mine. So they got 1%, 1.5% of that. And the only two blocks from mine were from mine within the first 30 minutes. And now we're two days in it. Look at this. Kind of unbelievable. What? How bad is this thing about it? So you had no idea what would go this bad? I thought it was going to be, well, I thought, I thought some mining thing might further wait in. They might get 20, 30% and then maybe if that happens, it would sort of roll over. Do you think the like sailor and Larry think and Armstrong? I don't know. Maybe the mining guys that guy from Mara, do they have a chat where they discuss this stuff? Are we going to take this seriously? Are we going to take this beep 110 seriously or not? Probably. I don't really get how it's conspiring. I mean, it's free. It's a free market. They just want to mind that one. Who cares? What's the big deal? I have to mind the other one. Why? No, no, but they need to. They have talks, right? The miners. I mean, if beep 110 had at least the success enough for them to be aware that it was a thing, right? Maybe it was. It wasn't really a thing, though. It was sort of a thing. No, I mean, there was no reality to any of it. I'll be honest. No, sailor even made a post about it. What are you talking about? Yeah, because it was so small and stupid, you just want to let you guys know it's nothing. You're an idiot. And now he's dunking. He's dunking on the plebs. A fool and his money are some parted. He is kind of dumping it off. What's that? He's the worst trader that's ever existed. I mean, nobody could buy it the exact top and then sell it the exact bottom, but Michael sailor. I got Greakson to come in here. I'll draw and consider it. Did anybody ever walk the tonight show with Ed McMahon? Oh, yeah. Blue. Yeah. Okay. Yeah. So, on me, on me, it's like Ed McMahon. He's like good show of Johnny. That's a good one, Johnny. Yeah. You know what I mean? Like it's tight. To me, it's sort of like I can't believe that fondly makes any dissident at all. That's right. It's 100% safe. Oh, yeah. But then you have fondly is like, yeah, well, this is, so do you guys make decisions together? Oh, yeah, well, we have meetings three times a week. Okay. So do you make any of the decisions first? We have meetings where we listen to sailor for three hours. I don't know. It feels to me like this is a one person company. This is and the only person, the only thing that sailor listens to is chat GPT. I feel like when sailor comes back, he fires up chat GPT. Okay. What should I do to that? Like I really do feel like that's what's happened. Right? Fred, do you think sailor only has Yesman around him? I think they just do everything to say. Yeah. Yeah, that's a, it's not a good thing. Well, Trump's the same way. Oh, that's true. I mean, you can't, you can't get a job if you're not a Yesman in the Trump administration. Yeah, that's true. You'll live the only kind of guy that that's a player there. Yeah. Yeah, I think, I think sailor's also a no way that most of the person in the Bitcoin community at this point, personally. I was just thinking that I know it. Yeah. I know it. I think so too. Yeah. Because I think he, I think he thought that he had carte blanche to do whatever he wanted because he was like King Bitcoin and then half the people turned out on him and he's like, what the fuck man, I thought you guys had loyalty. He thought we were going to be Yesman. Yeah, all of us. Because you know, he was like, he was like Bitcoin Jesus essentially. So many people turned on him and I think he's just kind of like, well, fuck you guys. Then, you know, I do get that feeling. Like, I feel like if he wasn't so deep into it, and I feel like he would get the hell out and just dump it all, just leave, but he really can't, the company wouldn't even exist. I think if he got a bit quite, he would go under, right? Like, I wouldn't. Yeah, what else do they offer? Yeah. But it's like, so he's got to must have a God complex because like, yeah, I must have like unbridled loyalty to someone for no, like, why? Nobody gets a pass for all, you know what I mean? No, I don't know. It's sad because he used to be so inspiring. I remember listening to a night, listening to him, like, oh, yeah, it's just like fucking stretch and financially. He used to be, he was sort of humble in a way, you know what I mean? Yeah. But now comes a process kind of an arrogant one. Oh, yeah. He's conceited, smarter than everybody else, smartest guy in the room, for sure. But why? I think my first thing kind of was taking a shit like before he didn't even really succeed yet. And he was, oh, I see. Because he, he kind of made it work within the kind of fellow part a little bit. But he's like, whatever, I still kind of won. So he's like, fuck you guys. I see. Well, MicroStraggie for 20, for 20 years, if you look at the chart from left to right, it's just all downhill. And if he didn't have his personal investments in the, you know, the Mag 7s and so forth, but he just wanted that next step to be that, you know, multi billionaire. I mean, if you listen to his early stuff, I mean, I think that's where the context came in. Like he felt like he needed to be in that class with the, uh, Sorgame, he's the world and Elon, maybe not Elon, but so many other guys, you know, don't you kind of get that? Yeah, I think he's already rich. Like, he doesn't money doesn't do anything. He wants to be like kind of on the mountain mushrooms with Bayzos and mosquins, the jobs, right? Like that's his dream. I, I saw that. He probably could have been, he maybe still can, but he really fucking set himself back, you know, he always, yeah, it's just too aggressive. Everything was just way too fast and aggressive. I mean, the 20 was it 21 million plan? Is it 21 million or 20 was it back in December? 21 billion, right? 21 billion, right? I mean, he ripped through that so quickly. I mean, that was like the first signal for me. Like, you want to talk about screwing your, your shareholders. That was supposed to happen over a month or even a couple years, right? That, that, by plan, purchase. Yeah. Yeah. The thing is, if you would just stuck to a conservative approach, and Bitcoin did go to a million or two million, three million dollars, which is likely to do, he would have probably got to that level of CEO, but he would have been like 80 or 90. What do you want to got there? I think he still might make it, but it's like he really fucking destroys reputation. Do you remember when that plan was first made and he was diluting the hell out of the stock and you'd hear people say it's not, he's not diluting. Yeah. What do you mean he's printing more shares? What are you talking about? I remember I remember I mean, those guys would like, no matter, they're connected like he can't do anything wrong. No matter what he does, those guys are like, really. It's so, Brett, it's so like that till this day. Yeah. My, my buddy, he listened to those guys early on. He's convinced, and he told me this a long time, like those guys were, they were paid by sale, they're like long time ago, like they were kind of like consultants for them. You know, it's extremely illegal. That's disclosed that. Yeah. Yeah. You go to jail. I mean, because you would listen to those guys and it was like, they wouldn't say anything negative about say literally. You know, he probably didn't pay them in money, like, you know, in the corporate world. Yeah. A lot of time. Look at him all now, though. Look at jobs that have now. Yeah, but that's it's not money. Well, like, they buy, yeah, I know, but because then it's not illegal because if they get some money, they're going to jail. Well, that's yeah, maybe not cash or money, but he's like, you know, I get you in the ring. You get you get, you get opportunities. You get your jobs. That's what every one of them are. They're doing, they're working for some other company. That's what I guarantee there was some sort of, maybe not like a paper agreement. You know, a little bit of a, a little bit of a wink, you know, I'm saying they got exposure. I mean, they were given exposure, but but everything, and I think there was, I think that it was sort of like a wink in a nod agreement for sure. Yeah. I mean, it kind of naturally happened. The thing blew up, I think. The only one that Dent was Ryan, right? It wasn't the only one. Ryan. Yeah. He's the one who fucking started it too. Even what does name age range just came on? Does some kind of, do you see that? Yeah, I did. I saw that somebody signed him that something. Yeah. Are you some a job or something? Yeah. Adrian. That guy, that guy posted like the longest. Yeah. Oh my gosh. AI slop. And then he was locked there. Didn't even use AI. It would be like Adrian Morris. Adrian Morris. Yeah. Yeah. Yeah. Yeah. It's awful. And he was like out of the people who called this AI slop. There's nothing AI about this. Like you could just type like a 90 pages. It was crazy. You know, the funny thing about it was two years ago. I guess it was Adrian. He was way deep, knee deep into the miners, the Bitcoin miners. I don't remember that. He was a big iron guy. Wasn't he? Yeah. Yeah. Probably, but I just remember that two years ago. He was so into that thing. And then all of a sudden he did this 180. And he got into the true North man. He slid his way right in there. Everything's a creative man. It's all creative. Are you still in the iron shed, JWP? Absolutely. I actually took a big chunk of profits earlier in the year, honestly. Some kind of building it back up again now. I was in the from summer until like November in the year. Clicked it all out. I got a hell of a call calls option. Oh my god. They were the greatest returns in the history of my life. And I'm not even the trader. But you know, I did well in the shares, of course. But then I started buying call options and like June and July of last year and then just fucking exploded. Yeah, Timmy. I'm not. To me, I'm not a beer, but I'm not really super convinced about all this stuff. So I was like, well, I think I think it'll rip. So I'll just to my calls and trade it. It's becoming a little bit of a caught, I must say. Every time I kind of should have you, I just, my gut is just to stay away. Yeah. I mean, that's my issue. Because like, whenever I see just a lot of people online talk basically acting like, yeah, it's a certainty. I'm just like, I don't know. No, you get my problem. Absolutely. That's why I haven't really went into heavy. You say that about Bitcoin, but like, that's different. You know, I mean, it's not like a company. Yeah. So, but I believe in them. It's not like I've got, you know, I have to understand, but like, you, you, you see it like that, that just overwhelming. Yeah, there's people got 95% of their, all their, you know, assets and that's, that's kind of crazy, dude. Yeah. I mean, that's a lot. Oh, oh, yeah. I mean, and it's, it's still a fairly risky company. It's like, it's not, I wouldn't say it's a low risk. I mean, I guess. Yeah. I mean, if you look at the very high beta, right? I mean, it's up 10% one day, down 10% the next day, up 15. It's just nerve-wracking. It can be for the wrong person. I'm okay with it because I'm not 95% financial situation. Is there any BK risk? Oh, a little bit, right? Oh, yeah. Yeah. Yeah. I would not, I would not go that heavy with something like that, man. That's crazy. Yeah. Are you an iron friend? No. Yeah, a friend doesn't like this data center stuff either. I don't really care for it either way. I mean, I don't really, I never really, I never really did my own work. I mean, you know, that stuff never, the miners never interest me. I just, I just, by Bitcoin, like, well, either like more AI, but I just, to me, I just don't like, I'm just sending the stuff that involves a lot of materials and cap, very heavy. Very heavy. I just don't like that stuff. Like, and I'm not saying that I'm right. I just in general, I just zero way. I don't know. I just turn them off. I want stuff that's that light. You know what I mean? No cap acts just printing money kind of thing. Mm hmm. Well, you got the sentiment going on too around the country. I mean, all the politicians, you got the midterms kind of an up so, and they just abit in Texas. I mean, it's all your little districts, you know, around the country that are just, they have spun them up into an uproar about data centers. A lot of nimmy going on, not in my backyard and, and, and so that's, that's not going to help. There's no way. I don't care how solid I ran or cypher or hot or riot today, signed the big deal co-location deal with, uh, there was an anthropic or something like that. So, you know, that, that's never good. Um, but why is it good? I thought that would be, why wouldn't that be good? No, no, the deal is good. I'm talking about the public sentiment, the normie out there, you know, that's using up all the water, choosing up all the energy. Our electric bills are going or doubling and tripling. They're blaming it on the, on the data center. So, I mean, it's not a good thing for, uh, for the stock price. I don't think that's a good timing. But in the long run, they're going to win out. I mean, there's nothing stopping this strain. I don't know about that. You don't think so? I mean, I personally don't think so. I think there could be demand and the data center is not be successful. I think both of those could be true. Yeah, I kind of agree. I mean, I'm not an expert, but it doesn't, I don't know. It's just, I agree with the Toshia. I think that it'll be a lot of demand, but I'm not sure if it'll ever be that, it's hard for me to see why it would make a lot of money. In the peak of the media where they could charge the most premium, they were negative on free cash flow. And it's when they issued their most amount of debt. When their margin was the largest, they were negative and free cash flow. Yeah, but yeah, but it's very capital intense. I mean, tons of money going into these things. I think that's the, that's my habit. Yeah. Yeah, the issue I have is like, when you look at businesses like that, they, they always have to be, like, they just have to continuously spend like it kind of reminds me of, like, Verizon. They just have fucking ass loads of debt, right? Because they don't have to keep up, upkeeping the stuff. G3, the G4, the G5. So I just feel like how, I just don't see how this is that much different. Yeah, especially if you're servers and all that are become outdated and actually not just outdated, they actually burn out, apparently. Really? Yeah, I think so. Yeah, like the more they're used, the faster they burn out. I don't know, man. We'll see, but what do you think about it, Toshii? I think it's a, you know, like the Verizon's kind of, I just, the way I see it is, the original run-up that it had where, you know, lots of guys. is bought in early when the speculation was still running hot and iron core weave, nebius could charge these large premiums because even though they had high-capics, people were willing to pay premium at the time. Those guys have made their money and now margins are compressing. Companies are running the numbers themselves and saying, hey, this is how much we want to spend on compute and it's only getting lower because people aren't really seeing the profitability in it. And if they are, they still want the margin to work for them. And so this next phase that you're entering is the people that got an early-have-may their money and the ones that are left buying it and are interested in the stock, believe in its longevity. So for that to turn around, you would want to see free cash flow flip, you'd want to see them going from a debt-heavy, capex-heavy business to generating cash flow and having equity. And none of that is happening. So you're kind of stuck holding something in hopes that it'll turn around as a business. It's like the hype when the 10X kind of already happened and now it's more so materializing. And I think you're more so making a bet in my opinion. I bet on the features that I don't have to do. This is just a few minutes of this et cetera thing. I'm curious what everybody thinks about this. Oh, I thought you were going to play the broad guy again. This has to work straight back now. What am I getting into when I invest in Microsoft Google and Amazon? So UBS estimates that 27% of Google Clouds revenue this year will be opening in an anthropic increase into over 48% next year. That is a remarkable amount of money. It's going to be over $124 billion next year. Everyone is buying into these stocks because they believe all of that capex is going towards diverse and spread out an agamon. When in fact, it's actually doing is helping create infrastructure for two unprofitable, unsustainable companies. So the other one would be an nonprofit. Yes, you are. So give us more data because you have the micro-interciting Microsoft or what about AWS? That was what I was saying. So Barclay's actually says that this year, 13% of AWS revenue will be both open AI and then sorry, and next year will be 18% AWS much bigger business than Google Cloud. Not just to be clear, when I was saying that 27% this year and 48% next year for Google Cloud, I meant both anthropic and open AI. Most people don't know open AI. It's a large customer of Google Cloud. It's not a well known fact, but this was actually mentioned by UBS's signature. So where would those companies be right now without interrupting, again, without open AI? Well, I have serious questions about that. So in calendar year 2025, putting to my own report, I think I've got open AI's numbers, 69% of the year over year growth of Microsoft's intelligent cloud segment was actually from open AI. Without that, it would have only grown 8% of your revenue, which is barely being inflation. Anyway, that's the front view. Any comments on that? Anybody read or seen any of his analysis? Yeah, I've watched some of his videos. He makes a lot of good points. He makes a lot of good points that no one can seem to address, right? A lot of these earnings, everyone's like, oh, it's a blow at earnings, but it's really coming from anthropic and open AI, right? Yeah, I mean, those two companies, it's very tall, are at the center of everything. And well, they're the other thing that, I don't even know if he's, he probably brought it up, but he doesn't, him on it. A lot of that is like them paying themselves because they're making investments and open AI is getting that money and then they're buying Azure services, right? It's real hard for them. So I'm like, is it really the revenue growth or is the earnings growth really that great? I don't know, it's more of a one time. It's a little bit fussed back, right? Yeah. Did you see the, some of the earnings growth is like the open AI invested in like AMD and the AMD stock goes up and like they booked that as profit. I don't know, man, this is weird. It's weird. It's very bizarre. They dated anthropics IPO for late September, or early October. I don't know if any of you guys saw that or if any of you guys are gonna be purchasing the IPO. No, I won't be doing it. You know, I'm gonna pick up the anthropic IPO. If it crashes, 90% of buyers, which are probably will, so I'll probably buy it. Yeah. I think it's the winner of this whole thing. I mean, it's the one everyone uses really. I agree with you, the trophy. I think it's the Google of our era in my opinion. If I had to, you can't go wrong probably buying it. It'll, if you're right, if I had to, the trophy giving up the, I'm sorry, Joe's giving us five thumbs down. No, I'll be at, no, I agree though. If I had you in the AI, I wouldn't mess, I would for sure do that, for sure, thought it out. Not, I wouldn't know. I don't think you could go wrong with it. I mean, I wouldn't have to open an AI with a 10 foot pole personally. Anthropic has so much talent on their team and all the new grads. They just have like the pick of the litter with talent. I think it's going to do well. You see the, the Navale show asteroid where he goes, he's sitting around the table and he goes, there's only going to be two jobs in the future. Open the AI employee and sex robot, or sex worker, for open the AI for anthropic employee. That's it. So I don't, open the AI because of the topic where you're a sex worker, for anthropic employee. There's the only two jobs that work. Yeah, I heard that. I don't get open AI because I, one of my old bosses that worked there, I have a lot of people that I used to work with the work there. None of them are good in any way. So I'm like, is this, is this place really the talented? No, my, he was so bad, he got fired from a shitty startup and then one day he popped up and it was like, it's director of open AI. And I used to work with, one lady that was high up, God, no, none of them were any good, so I'm just like, is this place full of just fucking idiots now? Is that why the shit's getting behind? I don't know. That's fine. Very shocked. I'm very shocked by that. No, none of them are good at all. Fred, are you gonna pick up anthropic in the IPO? I won't. But I don't know what you're gonna do. I don't know what you're gonna do. I don't know what you're gonna do. I'm gonna pick up the hashtag. I mean, come on man, the product's great. When you see that good of a company that's executing that well, you're supposed to buy them. I mean, I don't know. Why don't you buy it? Google or Amazon? I can't find any proper. I can't find any proper, I'm sure the best problem. Oh wow. You were talking about IPO. No, no, he said you buy the IPO. Oh, you did. I see. Why don't you just wait until it goes down? You really think it'll just pump only? Don't like 95% of the IPO's go down? I think it would depend on the evaluation. Yeah, that is true, asteroid. I think most of the people have to do that. I think you have to ask yourself, what is the best AI company? How is it? And that's the one you want to buy. Pell into it. No, I don't have any. No video. No video. No video. Not even close. $500 billion. Although I'm still not sure what Pell and Terry even does. Not even close. No, not even close. Like I use the software and interact with it. I'm like, what does this actually do? I still don't know after years, to be honest. A ticker is NVDA. Yeah, but the stock's not gonna pump. So why don't we buy it? Here we go. Here we go. I'm bullish on the company. Here we go. I do think they're the leaders. Negative. Negative. Doomer mentality. I've been saying the stock's gonna be stuck at two years. Here we go. It's still stuck at 200. It's gonna be stuck at 200 for another few years and then buy it. You're a doomer. Astro. You miss a really good segment. There's no reason it would go up. You miss a real doomer. Yeah, I can't even take it anymore. I can't even take it. It's just, you know, people, listen, you are your own worst enemy. Okay, it is not, you know, it is not the mountain you conquer. It's yourself. You need to get past this, guys. You need to get beyond this. This is a loser mentality. It's permeating our whole time and space. Think of it as younger people. Think about the next generation. Think about the children. You don't want them to get consumed to this negativity. It's awful. It's all here. You're talking about it. AI circular economy. I tune in. I've seldom come into any of these spaces and heard anything uplifting. Most of the time it's all about like, you know, oh, circular economy. We've got a situation here where most of Microsoft's revenue, which is just false, is coming from open AI. That clip you played has completely been debunked. First of all, it's not merely a supplier, but like open AI is one of the biggest buyers of Azure. Do people not realize this? Yeah, that's what he said. Exactly. Exactly. Okay. And why is that a problem? What is the issue with it? And by the way, they're not one of, they're not the biggest. If you take away all the open AI's revenue, what he says is fundamentally false. Is their revenue grow, grow, grew year over year, excluding open AI by 42%. That's a monster number. And it has nothing to do with open AI. That guy's just fashot. I mean, he's just totally wrong. But you can, you understand you can have revenue growth, but not have it translated into profitability, right? Absolutely, because you're spending catbacks. What kind of, that's investment in the future. That's like, okay, so we should just sit on capital. I think that was the point of the video. Yeah, well, that's a dumb point. That's like, so like for years, for years, they were bitching and moaning about buybacks. Okay, I listened to the numerous basis mostly because I, I think, want to, you know, buy, I love buybacks. We need more buybacks. I don't get the entire buybacks though. Okay, okay. Here's, first of all, I, I grew with you, borrowing a productive use of capital that they should be booing buybacks is a tact, a efficient way to boost the stock. So I'm not opposed to that at all. But before I go on my job here, to make one point, when you take capital that would otherwise be used to a stock buyback, just merely to enrich shareholders, and you funnel that into the real economy, which by the way, which jobs, creates infrastructure, creates real commodities. Okay, to me, when you're doing that, that's not a negative. That's very bullish for the economy. That's the, you know, the rising tire lifts all boats. That's a driver of economic growth. That's why real GDP right now on the land of Fed is pretty 5.8%. People are complaining about this. I am complaining. I was, I was talking buybacks. Oh, my stocks to go up. Okay. Most of us want America to win the future. They don't risk merely want to pump our backs. Most of us want to have a prosperous, you know, you may have. Most of us want to pump our backs. They're not mutually exclusive that you can do both. Well, that a Microsoft stock is down big. Okay, well, I'm sorry, you know, go buy a Tupperware, you know, do something else. I don't, I don't know. Buy a buy-by-sum. I make my wife your new, you know, buy that shit. You know, here's the thing, you can't complain about a company trying to win the future, which is what these companies are doing. They're trying to make sure that American hegemony remains constant for the next few years. Just terrible products. Garbage. This worse than garbage, to be honest. Wait, you're saying the company Microsoft produces terrible products? Yes. Is that right? Their products are absolute. What's the biggest product that Microsoft monetizes? What is it? Microsoft Office. No, not even close. What's it is? It's the third nose. What's the biggest product Microsoft produces in terms of revenue? Windows. Azure. Azure. Do you guys not know this? It's not Azure. It's Azure. What is it, Joe? Fine, guys. No, I'm just, I'm just saying you can figure this stuff out. But sure as a product. What? What about this? Azure isn't a product. You talking about their product? We have a family. Feud or something? You have to get it. No, no, it's not, it's not a guest, but you guys are, you, somebody said, office. You honestly think the largest source of revenue is office? I mean, I don't even understand this. Like, you mean, look at the Azure platform. Okay. Azure platform, which is not the biggest. You're correct. Whoever said it was that, JW. Who said that? Sorry, I couldn't. Go on. Go on. No, who said that? Sorry, Trevor. I'm sorry. We don't want to get targeted. Go ahead, Joe. Yeah, I know. We're not targeting. It's me. Okay. I think it was me for the sake of argument. JWH. Go ahead. Hold on, Joe. I asked HBT in cloud right now. Microsoft OpenAI accounted for about 20% of Microsoft total revenue growth overall. That's kind of big. Correct. Revenue revenue growth, right? So you're so just to be clear, okay? The growth, what you just said, because I know there's some people, you know, everybody's on a math person in the growth of their revenue year over year. Hey, hang on. Just hold on, man. You'll get a chance to respond. The growth of the revenue year over year, one fifth of that. Now putting this a different way, just for the people in the back, that means that 80% of the revenue growth has nothing to do with opening up. That's a problem. That's a problem. That's a problem. Right. So you're saying you're saying, so what's the anthropic number? I don't know that one offhand. The open AI, because people were saying, oh, it's sick. They don't open AI. I would guess that two thirds, the revenue growth has nothing to do with either those two man with count. 48% I thought I heard. Yeah, it says about 20% for each approximately. Yeah. 40% total. Yeah, so what did I say? 20%? Yes, that's my back for the napkin. So you're not about half a new revenue. Two thirds is 60 to 6%. It's about, it's a little less than two thirds. So the point is you get the overwhelming lion share of the revenue has nothing to do with either those companies. That's revenue growth. But what do you vision about? I got an island. Well, let's just see where the actual other pieces are from. Okay, well, we can have that discussion, but let's not just play clips. Random people saying stupid things. I mean, I think you have tons of clips of dumb people saying we just need to be used to it. Well, the revenue grew, right? But the EPS, it tripled due to their anthropic investment equity and the free cash correct when negative is that what negative and their money, seeing the money from the capex back yet. And that's what the whole clip was about. The world is really in the second inning, bro. And the worry is that the EPS growth, the 3XB is purely just from the anthropic equity. And that's all the entire thing. Most of their growth right now is coming from the cloud and a little bit from Microsoft 360 and then a few other little things. But cloud growth makes sense. I mean, cloud growth, Amazon and Google were growing even before. Have you got to be honest? So real numbers, this is from their latest quarterly. Okay, Azure, the 43% growth last year. Okay, the new capacity of that they've growth of the new capacity of growth, 98% of that has been monetized. Okay, so if you keep the trend of Azure with AI integration growth, they return on the capex investments, capex investments by 2029, which is what their forecast is. So to the earnings per share decline, they are giving it that, oh, they're not making money right now. They're not telling you they're making money right now. They're again trying to win the future. No, I come up there for lots of things. I don't think you do. I think your bitch in a moment. That's what I hear when I'm in the space for the circular economy. I don't want all the stock. That's all. Well, then nobody's telling you to own the stock. I'm not. I'm not saying anything, but don't sit there from the peanut gallery. I think you can respect the people that are in control of these companies. They're not dumb, dumb. They're not the guys that are for jobs in the government in some levels. These are very bright people that are at the forefront of their industry. To me, for people to just say, oh, they're not instantly profitable right now in earnings per share declining. No shit, they're trying to win the future. Why is that a problem? If anyone in the position, I don't think it'll be worth it in the end personally. That's my opinion. OK, well, that's you. I mean, look, I'm still full with an apple in terms of the fang names. So I know you're both. You got 30 million paid seats for coal plight. Yeah. 30 million paid seats. You have to subscribe as a subscriber of GBT. There are that are paid at the high level enterprise level that the coal pilot is. Anybody know that number offhand? Compare it. I love you to see it. Do that work. People really simple. GBT usually use it. People use coal pilot. I don't even think I used mine. I think I have one. Nobody uses it. They just bundle it in. So I'm not sure if I even. Right. But here's the thing we talked about this last night with Apple. OK, the integrated platform, the integrated OS, the integrated suite, is what customers want. They don't want open, clawed bod that's going to be like doing all sorts of crazy stuff in the background. They want integrated pieces of software of intelligence. You want to pull it up just like they have it in the Marvel movies. You know where Tony Stark says, hey, Friday, do this crap for me. That's how it's going to run. It's not going to run where you have to run some proprietary, you know, chat box software. It's going to be fully integrated into the word experience and the browser experience at the software level. Any single app, prosecutable across the OS. But for the people that are fading, the OS creators right now, which is my pre-doft, Apple, I think you're nuts. Because those people are going to integrate this fully and seamlessly after the. Yeah, that's right. Radio is now fading. Apple Apple is going to be the winner in the end. Apple is waiting for it. They're literally going to take some pretty. That's fine. I never bet against that. They're going to print money. They'll have them for 20 years. They're going to print money and they're not going to spend a dime. It's going to be the most poetic of outcomes. Watch episodes. Yeah. Like yourself. What do you mean? Microsoft's been. What do you talk about? Yeah. Mike. So like I'm money's on my phone. If you have to switch. See you. Yeah, but spending no money and getting you to return is better than spending a fuck load of money and getting a future turn, right? The big difference between. And this has been again, it's guys like this is not new, right? Apple is going to dominate consumer. Microsoft will dominate enterprise. The way this is going to go. Apple's not even targeting the enterprise solutions. Not. So for you to say Apple's going to win all this, where's the enterprise AI infrastructure? It's going to be through Microsoft. So don't fade that. That's a big mistake. Consumer law, your correct. Yeah, 100%. And it's been that way. It's a daytime. And by the way, they want that daytime between one another. They actively foster that, right? You know why? Because they're afraid of a Democrat coming and doing antitrust. They want, okay, it's been their moat against antitrust litigation. They're not stupid. They've seen it at the ground on the consumer. Apple, whereas Apple has seen the ground on enterprise to Microsoft. Yeah, I think you guys need to understand the rails are already in place. The distribution center is already the, the, uh, vertical integration. It's like McDonald's, right? They don't make the, they don't make the best hamburger, right? Pretty much sucks. I don't like McDonald's hamburger, but guess who sells the most hamburgers? Anybody know? Wendy's in a no. I thought it was Burger King. No McDonald's does. Right? Taco Bell. So the, so the, so the rockets in the chamber ready to launch. Is that what you're saying? I mean, I think it's almost a given. I mean, it's already there. Doesn't need to be the best product. Or they can put it out and it's still going to win. Microsoft only makes the best product, right Fred? I hate Microsoft products. I'm so sorry. Well, I was saying the stuff is so awful. If I can't stand it. Oh my god. Yeah. Yeah. Hey, guys, does Bitcoin, does Bitcoin see 60 running in? 16. 60, 60, 60, 60, no, no, no, no, no, no, no, no, no. But it might see 40, 40 to the skater bro was on here last night. Dude, a crypto crank. Crypto crank was saying that if it breaks the crank, it's going to go way low. Bro, yeah, that guy's that guy's just a total fraud. Is it is it true? Is it true that? Ma, Ma, I sold like a bunch of the Bitcoin. Yeah, yeah. Oh, that's so bullish. It's not now. It was like old, old time. That's old. Who hasn't sold? Like, is there anybody who hasn't sold Gary sold? I mean, like, everybody who hasn't sold everybody's sold and then the OGs are accumulating right now. I have a sold. Your name is grand. Yeah, not good. Not good. So beating. It's over when not promote is liquid. Basically, that's the, essentially, essentially, that's the market way, way, big only solve is last big way, they carry, actually sold Joe. Are you sure? Are you making that up? Oh, so tall sold is in. How do you sell my coins? No big coin. You told me you have zero cold storage. No way. I cannot. Some entire set. It's all gone. Zero. No way. I can't. You're stacking. Two zero. I'll be zero. I've been stacking since four ten years. There's no way I'm going to sell everything that I've been stacking for ten years. That'll be ridiculous. I'm going to get rid of it. I'm going to set you. I tell you can sell your one point two Bitcoin very quickly. Trust me. There's a liquidity for that. No, no comment on the mail. Yeah, but did you sell or not? You can come out. I sold it in November. I'm ready. No, no, no. I'll apologize. Yes. Shame. It's only a portion by. It's only a portion. Come on. As for right. Buying. Jacob. Hold it. JWH. Hold it. Gary selling. I think the OGs are buying. Fred, the OGs are buying back right now. So just FY. Yeah, yeah. True. Did you say Gary is selling the grant is buying? Yeah. Say it again. Yeah. Yeah. I don't believe Gary sold. me either. But why is he so bearer on these faces? He's very bearer. You've got to talk some Bitcoin and beard brother. He and so do naves already there doesn't mean he's not bullish. I think I think his he doesn't want to encourage you know he's like I don't want to be the only public buyer here when some of you guys have been here 10 and 12 years longer. You can still be able to listen. May I'm just a fool. You're not. You're smart. You're buying. I just thought we'd get one more shot at 60. You know we're pretty close. We're 4,000 away. 5,000. Come on. Yeah. I mean every time every time I've brushed it any of like I always get another chance to do it. Here's the thing grant. Here's the thing you're going to be saying I wish we got one more chance at 65 pretty soon. Yeah probably probably right you do but I won't say that I sold fucking one and a half pieces in November. It was. They're just making up numbers like I ain't nobody knows anything. Whatever. Whatever. That's why I just used the number I heard. Just in emergency broadcast Peter says. Peter shifts says sell Bitcoin now. And Peter's been saying that Peter's been saying that since it was a hundred dollars. Yeah and he's been right eventually it's going to go back. And now but like like like like Peter and I like Peter as a person I'm one I like him anyway but I interviewed him since the time with him and I said when's the first chance you had to buy he's like a hundred I said no I said well when it went to a thousand he's like I thought about it when it hit a thousand I'm like bro you should could tell people that part of your story because I mean that's enough to invalidate any data points that you have because I know you ain't no billionaire goga I know I know you haven't killed it like like you will not be like you just it just you you ain't like whatever like he's not a billionaire he's not I mean he's not like there's no stack there but the late to time he's been taught given financial advice this guy should be rich as fuck he's not there rich no he's not and I know no offense to anybody but man like well I'm not going to take advice from a guy that that that's to Tillman for you to tell me this he's like grant never take advice from somebody that's not as rich as you are yeah it's called the power theory right grant who's power is bigger well I mean I'm just saying like there is some I mean anybody with a smaller stack that want to hear that but right you don't you don't go to you don't go to to to the casino and not take a look at who's winning in the table right I got a good stock for you to buy you ready yes sure I'm joking service now what no nothing no uh password is the comics blowing up did you see that in your radio frequency uh the comics is out of copper actually now and you guys a little surprised how SpaceX handled this first liquidations around no I've been posting for weeks that it's going to pump on the liquidation I'm a little surprised by that I thought that was very I'm well why because every time everyone's on one side and everyone's like it's a guarantee gonna fall it always will go the other side just to fuck everybody just some work it's work so how much it was a 20% that was uh allowed to uh the first first kind of release like of oh I don't think it was that much but but I know there's another round in 14 days I think yeah so like what percent the percentage that actually they held right instead of selling right that's what kind of kept the price up and going up right so people didn't cash out as many people cash that was what the sentiment was well you know what I'd like to know is how many of those guys are just barring against their shares I don't think anybody knows that now but I think this next cycle I think rich people are actually starting to list you know like look at debt different but I like why am I selling this shit there's only a handful of great assets I know I know it's happening in real estate like these guys are like nah dude I'm just gonna go put more debt on I'm not getting rid of this shit I can never get it again I've had guys literally tell me this I cannot I cannot get these assets again I'm fucking upside down and I'm like literally I'm one of the biggest groups in the country it's like we're gonna sell what we need to do to put some money in data centers but we don't want to sell any of these assets because we know we cannot go back and get them again it'll be 10 to 20 years before we can get them again because when they trade them to somebody somebody like me I'm holding them for 10 or 15 years yeah so they're like we don't get to have this asset back until what is that 47 no 20 37 yeah and they're like you know the big pockets the big money like a a a blackstone you know with they're like because they they have to be buyers for these again in 10 or 15 years and they're looking out that far yeah and they're like the next time we try to yeah grand grand even if they don't they have to pretend to be like that's a great trade anyway right hey we're gonna buy these at this price guys yeah but they're not they're not for great signal in this case it's a great signal though what what part of it's a great signal that they are they aren't no that they're hey we're not gonna just give them away here we know this is a cycle literally just and and these these guys like yeah they think what they have is worth is worth more tomorrow they can just hang on long enough so if it means they got to go put more debt on this shit and the way they use debt is different than a guy my size they cross everything like they don't mind taking the whole bucket and crossing all of it across collateralizing they'll cross they'll cross 50 different projects grand now they and they want to encourage me they're like did if you want to grow that's what you need to do like there's a big group that did told me this week I didn't know this is all new data for me they're like we haven't used fanning and Freddie in a decade and I'm like what he's like now do we use all short term debt mbs or what is it mb uh it's there there's an acronym for it but more of its back security yeah yeah mbs is and we we we cross it all and I'm like yeah but bro your bucket's 400 properties mines four and five and six at a time like if one or two of mine can't move it pulls down the other four and so I said when you have when you have as many buckets as you have to move around in you can always cover up great so grand there's that change the kind of is that just isolated I know it's a very big company that you spoke to but that change does that change the dynamics because I know the market conditions where we're getting are very attractive right now with a lot of people trying to get out of you know from buying properties in 21 and 22 and all that does that change the dynamics at all yeah I've been I've been saying for you two years in these spaces okay it's happening now it's gonna happen now I just I was trying to do a deal with starwood and they they they were listing a portfolio down in florida I was bidding on it related group there 80 times bigger than major blackstone was bidding on it they're big fucking these are big groups okay we're all in the mix I'm in the mix everybody did their due diligence any of you guys know these you know you would buy in a company or a big real estate portfolio you're doing you're spending a lot of money at least six groups did the full package of due diligence that I did they got the number they were asking for and above that and a very stern looks at now I'm not gonna sell it so did you find anything after all these groups did all this fucking work okay and all these guys I'm the little guy in the group by the way they they said nah you know what we we don't think we can replace this asset we're not gonna sell it we might develop it in the future we don't know and Barry's done this Barry's done this I'll bet she's done it a dozen times in the last three years and they have all short term debt over at starwood the entire portfolio 140 pounds you got he he saw the bids all right yeah well he saw the bids he saw the bids he hit their number gear he hit their top number and some and then still decided nah I can't replace this so that's all I'm saying about these now the garbage is selling every time if they even get close to their number but the good shit these guys are they're like now they remember 2008 man yeah they they you know they remember the last cycle they're like this shit will come back it's just win if I can just weather this storm granted you think that starwood thought that the numbers will come in much less and they were so completely off guard with how high they came in they said maybe this these assets are worth a little more than what we thought the sum extent maybe maybe maybe maybe maybe it's you know like okay they want it I want it now I want it back yeah maybe you know it is all south Florida by the way so these guys weren't getting called by their lender obviously Grant no no no no no no no no I'm seeing the link when Caesar up to 4.7% which is not that bad right I guess that is bad right but it could get worse are you saying the same thing Grant or were you able to have the conversation with like TNBS versus NBS are they kind of acting the same yeah no I went I went and priced the same thing I we're we're buying a four four property portfolio three deals in Tampa and one in Florida it'll be about 600 million and we shop the NBS loans they're more expensive than a fanning and Freddie but by by a lot by the way legal more expensive due diligence is more expensive insurance enforcement is more expensive all the things that add no value to the property are more expensive but you have short term flexibility yeah and you don't have to treat each entity separately you can you can dump off one or two at a time like they're they're doing buckets of equity basically they're they're making a big buffet and clean enough they're buffet yeah they're and they're cleaning up their kitchen dude right I mean they put the stone crabs out front but you know there's some fucking three-day-old fucking you know shrimp back there it's it's a mixer and big coins equivalent to start with properties at a resort or hotel no it was it was it was it was a multi-family I'm seeing here hundreds of billions of dollars in multi-family loans are maturing 26 26 yeah they are that's no there's probably more like there's probably more like 800 billion oh my god yeah everybody thought interest rates were to stay the same it went up with 200 basis points globally the 10 years rip today across the board all around the world not a good sign for higher rates that's one day that's one day we're at 20 year high 30 year high grant does that add to the the whole private equity uh you know that was you don't hear too much today but a few months a couple months ago people thought that was the next kind of domino to fall but all this kind of short-term non-fanny-made debt you know does that add to that whole uh that whole thing there like in terms of risk and all that I hear some bugs in the back you you you you you you W if I could I don't know having on the subject but like I'd look at that uh and video consortium is basically made like KKKR is one of your bigger entities in there and and there's still going balls out with with uh financing you know so yeah and then in Apollo so this is this is all they're even going further on the risk curve um it's showed like they're not having the equity issues you mean that the 500 billion today that the video yeah yeah yeah the uh again I don't know what part of it they have I don't know the amount but if they're hurting I I want to expect to see them participating in the whole private equity issue is happening because KKR there's a 10 pound behemoth in that space yeah and rough it has not been rough if you are a single family home owner 36 straight months of appreciation homeowner said never been sitting on more equity or a better situation than now all right he's needling he's needling oh my god what a fucking needling it was that I'm just trying to get some actually and also I'll say this if you have people blocked on this app you might be living in a bubble or you might be a loser I just want to say that I I was told to say that I agree with it if you can't handle what people have to say you know maybe I just got muted but that was my phone I apologize just made me here I got it I'm going sorry British no that was my fault I apologize there's press the button all good British and British Howard what are the what are the interest rates doing in your neck of the woods over there on muslims can't use debt I only focus on on the US you're worried about us no I'm worried about myself well how do you worry about yourself if if you're not here because okay I mean everything runs off US markets that's true all of its investments are in the US as far as like the actual jurisdiction of America like you know I like to say that I don't care but I do care I like I love America so I love what America stands for good well real estate's been doing good I could see we've got more sellers than buyers I think this is the widest gap of sellers and buyers in the US by the way that's the thing I wanted to ask Ron grunt like there is a big risk from British you're more patriotic than fucking blockers by the way I mean that's not hard I would I would trust you more than block any day of the week about what what topic are I don't know if that's a compliment on about almost anything dude like America first great come on okay okay get a t-shirt bro hey we're doing good we're doing good I think I can say it British I don't want to listen to block no I was I wanted to know like in London what's what's happened in London is that property prices have stagnated for a decade now right and and that's basically led to kind of like a re-evaluation of the property market and other areas have actually gone up and I'm kind of wondering whether that my theory is that you know these hedge funds were told the dump all of their real estate not out of the kindness of anyone's heart but because this is the plan for the worldwide it's we've got to stagnate real estate prices for a decade in order to allow wage wage inflation to catch up to make property more affordable otherwise you're going to deal with a riot right so what's your thoughts on on that theory is that am I am I spoken to that yeah yeah that's that's that's some very sticky shit you got did okay all right yeah I've never heard that premise in my life like I think I think single family homes uh and over the next 25 years in most markets across the United States of America are actually going to decline and price faster and faster and faster okay all right but I don't think it's because of any intentional trying to get shit cheaper it's just going to be where populations of people move to got it okay so you know from your perspective it's more of a demographic shift than than a hundred percent yeah a hundred percent and and and then you're going to have 75 million baby boomers like Fred Fred and all his old friends they're all going to fucking die off their kids are going to sell the house as fast as they possibly can they're not going to want the house they're not going to want to get my friends to lift weights you just won't do it yeah well yeah weights yeah he ain't doing that dude he thinks the computer is awake I know I what did you say Fred I said I said you PR or something and Fred what nerdy shit did you say you said PR in my world is what oh yeah I was like I bet it is I really don't know I know I don't know what that is a PR for Fred is something to do with cloud code yeah it's called a whole release I bet it is okay it's not what you think it sounds interesting you guys are so non-coder I mean Fred you're taking any peptides right are you taking any peptides Fred with a full release so no Fred you think in Fred I go in the hub all the time man for Fred you're taking any peptides Fred we care about you I care about you know I'm like scared about are you taking what are you taking no a man is peptides is very very first is a private thing all right it's a private matter it's a private matter unlike my poll releases yeah I'm wondering what I'm talking about the rest of you you just know yeah are your poll releases private or public Fred so I can take a look at them I've got some public ones you want to look at my public ones or no yeah sure is it send it in the chat I'll take take a look at your public poll releases is this how we talk about illegitimate children now I will say this is uh I do feel bad for the guys that have been short and oil as we rip back up day two not trying to give anyone a hard time that's been wrong for months short and oil but apparently he and if it's only 82 if it's only 82 go ahead grant if it's only 82 with all this going on over there it's going down yeah yeah well I think the market's been backwardated since it's beginning of the war the question is when where's all the guys that we're talking about $200 and $300 crude oil well those people they're hanging out with the holy guys that were talking about why don't they ever come back in these why don't they ever come back in these rooms and say hey I was only off by $218 we hold that dark side that's dark side and punctured that they're here all the time the shameless I don't think they were saying that where they yeah they've been talking about silver going to $600 the comics collapsing oil going to you know 150 like this is this is you know repeating fathom the sky is falling every every month I will save the funniest one with dark and I like him he's knowledge more and a lot of stuff is he thinks the dollar is going to collapse and and then as the the yen is collapsing that's what's going to collapse before the dollar we're going to be the last one to collapse hey block I'm going to call balls and stripes you see the same shit to him about what yeah he does he says he says whatever's trending that night bro you're right telling hey I'm on the record oil is going to 150 but no I'm on the record block you should change your name to dick rider is that's what you are dude you're a dick rider you see him up set you know you're you got pdr you're a public dick rider pdr we're gonna call you you to clear on oil I said we're not going to 15 hey check the price check the price bitches last night I'm waiting for it you morons that have been calling for a crash it's not coming okay last night last night I posted hey if you want a million dollars tax free what would you invest it in there was 1300 comments and I'll bet you less than 10% of my Bitcoin I like 100% there's no excitement in Bitcoin right now we've also been flat for five years but to me British that that's a good sign actually down absolutely absolutely blood in the streets yeah it literally feels like there's blood in the streets right now at Bitcoin it's weird because all the long term holders are accumulating all of the ETF holders are diamond-hiding like you know this is this is the time we're at the 200 week movement average yeah so I asked British will we see 60,000 again I don't know if you're here what what do you think uh to be honest ground it doesn't really matter to me so I don't know what to I know but let's say it doesn't matter to you I'm just asking you do you think we I mean it's higher than a 20 it's about it I would say it's higher than a 20% probability to be yeah I mean there's a week four thousand dollar weight could happen yes I agree with British it doesn't matter but yes I think we're a little bit more than 50 hit there it is but is that a different environment we're hitting below that's bearish right everyone's getting it they stop bearish British that's easy that's below 60 and the short on oil block was perfectly in play same with silver but the but this is where you're absolutely wouldn't short silver anymore this is we're on the long side now dude on silver when you're on the long side if you if you bottle it at 55 you're at 82 right no no no no the let me just we say that yes we're going below 60 yes the short on oil was in play but where we're at right now the long is absolutely in play for this retrace deed now we should absolutely take out the highs and that's the time frame crank uh it just depends on this war with oil I mean it uh with Bitcoin um below 60 going into midterms um Bitcoin's been beaten and I'm pretty proud of it right now I'm super proud that you know what between another 1600 Bitcoin sold we had a bit which was a complete fail we got midterms coming in don't forget borrow borrow was selling you know like 40% of Bitcoin's daily mind supply every day in the for all approximately you know I'm averaged out every day in the first half of 26. It's holding like a chant, man. And I tell you guys, I'll adjust my analysis based off of time frame, but we're at that tail end for a bottom. I do, I don't think that's dipping toes into 57K is a fucking bottom. Based off of just heart structures, we barely just started to see those. And you saw that British with your boys over at the net inflows for those ETS, that finally, finally started picking up for the spot inflows. Finally, finally, the fucking saving grace people actually buy in Bitcoin. But you know, I'm not the pack for self custody mail. That's why you're not that massive. Considering. But what I'm trying to say is that this bottom is going to end up being a that that we're based in, OK, for your cycle theory, whether it is going to be Q4, October, November, or Q1 for that bottom based off of time. I'm watching the spot inflows are sitting right around 49 to 51. If you guys look at any money market terminals or heatmaps, I don't like the way Bitcoin, and you guys have been in the game a long time as well. Bitcoin doesn't dip its fucking toes you guys into a liquidity pocket. It eats it the fuck up. It eats it up. It's short lived. It's quick. That's our bottom. And then we can start our 600 days of sideways accumulation. And that's what we're about to go into. So whether if we go into Q1 and Bitcoin has dabbled on this 57 to 61 to 63 K, then I'm going to say, you know what, based off of my indicators as well. We're not seeing anything lower than that. But you know what? It's too early to tell based market structure. The bottom's not fucking in. I would give it higher. British is saying a 20% that we see 60. It's more like 80% from what I'm seeing. This is identical between 92 and 90 K. And then this fucking thing just waterfall. I agree with what I agree with what you said. And I liked what you said earlier. I was listening is set your limit orders. Get your limit orders. We're T minus 60 days guys. We're T minus 58 days from October 6. Put your limit orders in now. Now is the time to be paying attention. How many I think you got you got muted. We lost them. But I think now is the time to be paying attention. We've been in a time based capitulation for going on what months over a year now or pushing a year. And we're getting then the we're definitely getting in the by zone. And my opinion could be wrong. But I agree with what crypto all we have is now. All we have is now. So yes, all we have is time. Now all we have is now. Hey blockers you're not going to buy a house and said man. Well, that's why I've got some money coming in shepherd. I was going to do a get your opinion and other people's opinion. What's the best allocation over the next 12, 24 months? What do you think? Space X. I know you're in space X. I mean, that's a personal decision for you man. I can't make that for you. I've been I mean, it's been good. What are you talking about? Are you talking about? Wait, this is done conversation. Bro, if I were you and you want some really good advice that shut the fuck up and listen for the next 60 months. Hey, I'm in I'm in a single family real estate. 36 straight months of a bridge. You got Bitcoin sitting at the 200 week living average. And you're on space is going, do I need to buy it over price day? I shit. Like what do you use to do? What do you mean? I'm asking it shepherd. I know shepherd. What do you mean, British? We're in a financial crisis. Shepherds doesn't know shit. I've drawn to the iron and I told these guys just do me a lot of money. I'm going to die. And I was like, guys, just close it one day. One day of close above $42 a share. And I will fucking close my short. It's OK. I'll take the L, right? Him and his snake charming, snake charm of buddy, limpé eye guy. I've been dancing about this using token iron. Millions of token credits just to try and get memes about me going. And they can't close the share price above $42. But you think all this strength is in the market right now? What are we talking about? Why? I mean, I'm sorry that Nvidia and Jensen just did a five million dollar. You should apologize to a lot of people. I'm a micr strategy. I'm so sorry, sir. But please forgive me. But when that 42 does happen, I'm closing my short. And I'll take a 15% loss. It's OK. Shepherd hasn't pointed me wrong. I thought it was above 42 last couple of two or three days. Oh, close. It hasn't closed above 42. It's hit below 42, that's for sure. I think Iron, British, are you not a bullish one? I understand. You're out here going, what should I invest in? And you're looking at big points. British, I want to get closer to the microphone on me now. That's what girls do. I'm not trying to get opinion. We all heard you get close to the microphone just in there. I like Grant's opinion the best because he's the most knowledgeable. You just did that girl thing where she thinks that she picks the phone up puts it close to her mouth. I mean, you're going to listen more. She's getting a little strange here. I call British on your boys. You were the first one to nail it, man, with your boy Robbie, giving out that news on that 50 mil to 1 mil. You got the first one to nail it. It was my phone call that started it. So I knew it was coming. I know. I know. I got those deep cadets, dog, because that was crazy. I was reading about it. And I'm like, dude, how do you know these people? These are the people I know it is. You're a state actor. You're so. He's a little good. He makes the phone call and he gets, I bet, to drop 49 mil on the deposit rate. That's a little suspicious, if you ask me. I'll be fair though. It took a few days to go through that. And it went down to 2 million, right? Which is why my video went out at 2 million. I recorded it before I left for vacation. But then Robbie spent the weekend. I don't know what happened. He went on Bloomberg and said, yeah, it's a million dollars. There was pretty gangster. So we had like all kinds of messages going back and forth after his Bloomberg interviews. Yep, it's a million. Now the anti-suit crowd is saying that this is our trap. You know what's crazy though, Gary? You know what the other thing we solved out for everybody was the redemption. No one's talking about how that is. You can get your big point back out. Big deal. Big deal. Big deal. Massive deal. It's basically managed to compress at today's prices. This is the magnitude of it. In order to use this facility, you basically lost Monday. You needed 770 Bitcoin. And now you need about 20. Big deal. It's a big deal. I agree with you. Most people shouldn't be self-custening. And BlackRock's not burning their customers. They're not defrauding their customers. They're not losing their assets. They're not stealing from them. BlackRock's assets and their management keep rising. There's nothing wrong with going to the big bank. Or I think I bank it chase. I think they're a horrible corporation. But they've got some of the best banking. But everyone needs to be educated on what they're doing and where they're putting their money. There's nothing wrong with going I-bit or UTF. Right? So a quick question about the I-bit Incant. Is that something that's published? Or go watch my video. It's right there. There's a form on the video. So there's anti-silence solicitation laws, which prevent me from basically going, it's just the guy's guy. Go reach out. Like you can't do that, right? Because I have a YouTube channel. So you can still in the form. And the form will go straight to them. And I think like last time I checked, I just got out. Like last time I checked, I think 22 people that submitted their detent. So prior to 1 million, when it was 50 million, are there any takers at that level? I don't fucking know. I'm pretty sure there would have been. I don't know. That's BlackRock's internal info. 99 or 97% of wallets don't have that kind of Bitcoin. People don't have that kind of Bitcoin. Yeah, it's long for them. But I'm glad you made the effort. And that's a big change though, right? I mean, it's massive. I mean imagine taking liquidity on this, right? You don't have to send it to one of these people that's basically making less revenue than you'll hope it's not 100%. And you get to borrow at FedRate plus half a bit. This is great. We had a discussion earlier. If you guys don't want to talk about it, no biggie, but we were talking about where are the future of corporations, reward points, stable coins are going. I just got out of space talking with a guy, apparently, the IHOP has a pan coin, which isn't even a crypto. But they basically get this. You get reward points. I haven't been to Iowa, but well, you go there. You get your rewards points. They give you pancake rewards. So they're denominated in pancakes. So if the price of pancakes go up next year to $5 a pancake and you have three rewards points, that's the value of your rewards next year in your account. So they hold the value of inflation of pancakes and it's a rewards digital rewards. Or $15 million to $1 pancake in the span of the day. Victor, are you drunk tonight as well? Negative ghost rider. The question is $50 million. Victor being drunk is like 10 acupoints higher than a block. Good morning, Victor. Come on, Gary. You so mean to me. You're talking about denominating in pancakes? It's weird. I know. But what I'm saying is think for journey. Think for it. So in Canada, where do you like to go for your food? This is so stupid. You're going to get USD, you're going to get digital US dollars and everyone's going to collapse on digital US dollars. All USD and E-fingverts. This is not going to be like you'll have your US Canadian dollar. No, they're going to self-custody with ledger, dude. Exactly. We're going to have seven digital wallet for the ledger. Yeah, and then when you want to spend something, you're going to stand in front of someone and send out the transaction with your cold wallet. What the fuck are you talking about? Well, I think British, I'm just glad I managed to get punctured to fully crash out. Did you guys see punches full crash out? What happened? Yeah, it was glorious. This is amazing. It was fantastic. I told him to sell his Bitcoin. I told him to send it to me, actually, but then he blocked me for that. The thing I don't understand about that is, I don't know. He said, now it's just purely number go up, and it's just a speculative asset, nothing more. And I'm like, if it took you until this Bitcoin 10 thing to come to that conclusion, then it seems to me that maybe you never really had a full understanding of how Bitcoin works and what economics could have been. It's a very good, very good, very good, very good. You know, because if your whole thing is like, we need to save Bitcoin, then you have to have this presupposition that Bitcoin needs saving in the first place. And then that just means you have no conviction in Bitcoin. So then just sell the data. But like, I don't know, this isn't a new thing. Like the, if he really felt like that, then he should have been outraged with this, like, ever since the ETFs came on, the scene like two years ago. I really hope that just like there is a Bitcoin fork, that there is a mental fork where the whoever thinks like puncher and they sell their Bitcoin and fork off like mentally, that would be great. They can do that. The problem is, is that no one wanted to mind that coin. That was a problem that failed on the second block. And that's kind of how the system works. Well, it's not even about Bitcoin 110. Like, you know, that's stupid. To think that this is about Bitcoin 10. No, it's the constant punches in the face that puncher gets for being dumb. Like that's, that's anyone. Anyone can fork Bitcoin if they want to. We got another thumbs down from Natalie. Yeah, whatever. Natalie's been in the space for three months. Like, I like it. I like that thumbs down. Natalie is showing an opinion and she's working on it and she's been wildly successful in the Bitcoin community. She's getting more opinionated. And I told her we need to challenge people. You are definitely demonstrating the IQ that the card owns saying, thank you, Abbie. You know that. Like, you just go and stuff a fuck box. Just jump in here. Yeah, no offense. So they don't offense. Okay. Natalie. Hey, I appreciate someone that has an opinion. I don't not really interested if you don't have an opinion. That British, I don't think we have to worry about you on that. So PG, to your point, you're absolutely right. But what you missed about that whole thing was that Bitcoin changed on puncher. Does that make any sense? It didn't change. It's the same coin. It's a proposal. It was a proposal that didn't pass. It failed, right? So he's entitled to believe everyone's entitled to believe what they want to. But if you believe in something and no one else believes in it, it's not going to work out. They didn't have the mining capacity with the difficulty of the chain to make it work. Now he can come back with another proposal. And he may build an army in the meantime. And he may be successful. But I don't think it's a personal attack on puncher. It's something he believes in. And he should stick with it and be believed in it. Well, the criticism level is that he didn't understand or that he was wrong or whatever. But my proposal to you, the audience, is that the Bitcoin he invested in 10 plus years ago was different than the one that exists now. And so it's not better. Well, maybe as far as the Bitcoin is the same, but the largest holders of it are different. And you can believe that that intrinsically changes the coin, or you can believe that it's still the same old thing regardless of who that is. But to act like the economic majority hasn't just always been a thing and to realize, to see the way the landscape has been changing over the last few years and to see who the players have been entering the stage and everything. And to still just myopically think that they wouldn't have some weight in this, to me, seems a bit myopic. Well, he didn't think that. He hoped it. Yeah, the hoping is myopic. That it's going to be the same people playing that were obviously a bunch of cypher pump anti-establishment people are different in just inherently from Larry think. But it doesn't change the protocol. Look, I kind of was prominent. This is when I knew these people were cooked. I had a prominent Bitcoin that I was on a panel with at an event and he looked at me in the middle of the panel trying to make me look stupid and said, and basically compared Alex Mischinsky to Larry think. And I was like, oh, you're, this is a case of just like being mentally unequipped for this stage now. Where were we apostates? These people are, they have a dream. And the dream is that the world's going to collapse and at that point, they're going to be right. And that's OK. That's the dream. But that's not reality. And you got to adapt to reality. I don't think that's the dream. I just mentioned the original optimism, dude. Just have delusional optimism. That's it. That's all you need. It's called retard maxing. OK, just have delusional optimism that everything's going to work out and then just do the thing. And then it'll work out. It's just fun. Just get to what Bitcoin is. It's just one look. It's just one. Just one. Just one. Hey, Ron, this is the limp. I got a con close iron above 42. You're still there. It's got a stoncing snake spouncing around in circles and all kinds of shit. I can't do it. Braser, I'll give you something to bounce on. Yes, the fuck I'll bro. Hey, yo. Whoa. I don't understand. Where did this come from? Where people say all you got to do is get to one Bitcoin. Like, where did all that start? That's British. That's British followers. It's British. It's just one. You want just one. You want it. You got to get to the Slate Potato chips. No, but you have to get that. So at the time, these idiots were going on about, don't worry. Just leave cash in the bank and just DCA. So I was like, guys, you're retired. British, just get to 100 Bitcoin. Get to one Bitcoin. You're the one that started that just get to one Bitcoin. You're the one. Get to that. He started it. He started the meme. He started the meme. Yeah. He got to start somewhere, Grant. Come on. People don't start with 100 Bitcoin. What's wrong with that? I don't understand what the problem was. No, because the reality is the concept was, it was, yeah, get to one Bitcoin, but it was on the urgency. But it was, but OK, maybe I read it wrong, but I thought it meant, hey, one Bitcoin, guys, and you're going to have it made. No, no way. No way. Nobody ever said get to one Bitcoin. Hey, man, when a Bitcoin is a million dollars, one Bitcoin is a million dollars. I would spend my million dollars. Basically, shove it up. We'll have it made to at least one Bitcoin. And then once they did that, is that right now? I get to fucking two. These new words in there. Get at least one Bitcoin. No, no, that's a new word. But what I'm saying is that the urgency, I was talking to real estate guys that were like, OK, what the fuck do I need this Bitcoin shit for? And then it was get to one, and then it was OK, today you're there. Now you get to two. This side. I do it. I didn't hear the second part of this. Yeah. There was a really second part of it. It was just in my videos. It's implied. Yeah, I never had trouble like interpreting it. And nobody ever said get to one and Bitcoin and then stop. I think it's good advice. It's just like good advice. If you're climbing a mountain, you don't look at the top cliff you have to summit. You look at the next 30 feet. And you're like, all right, I just got to get to that point. And then I'll take it from there. The average person can't come up with 10k. I wouldn't start climbing a mountain. I wouldn't start climbing a mountain without the top in view. Where is the top for you, girl? I think the whole landscape, the way you do this. I wouldn't be like, I'm going to take this mountain on. And I'm going to take this mountain on. But all I got to do is one step. Greg, give me a top. What is the top? Is the top of the top? Whatever I can see. Whatever I can see and imagine. Give me a number. Give me a number. Is it 10,000 Bitcoin? Is it 1,000 Bitcoin? Is it 1,000,000 or something? Oh, I was talking about the mountain, dude. I was talking about a trip going anyplace. Like, I'm not going to go to the coffee shop. OK. Just get in the car. OK, I got to get in the car. Then what? Yeah, I understand that I did the first thing. But I still have to leave the garage, go down the street. I got to know where I'm going, dude. And I just think setting the destination is if you get to one. Yeah, Britishers just say get to the car. Yeah, exactly. Well, he's probably got a fucking driver. Yeah, I mean, with people with severe like a Gora phobia, they really do just need to get to the car. It's a bigger charge. Just get in the back seat. Just get in the back seat. Don't ask where we're going. We're going. Yeah, in fact, let me blindfold you and put you in the front. Wait, you're not going to come in the front? That was a puncture in the cold car, people, ground. You didn't do people a very good service, you should have told them, look, one's not going to be enough, bro. I did. I told them, they're more steps you guys are freeing. Get to one big coin, shut the fuck up and get fabulously well. That's right. We're not going to set two. No, gron, gron. I basically would finish in a, and PG, this is our third cycle here. And PG said something that the environment has changed. Now we got big channels saying that their big coins, not to say them anymore. I think people are on this particular side. There's no big channel saying that. There's no big channel. I didn't. My point is, is that big coin is for everybody, whether you want to hodel it. No, no, no. Big coin is for big, no, no, no. Big coin is for big big coin now. Like the big coin is a fitting. I love it when you say that. You need a suit jacket. I have one if you look at my pants here. I do. You and Gary are matching. Yeah, look, big coin is for big big coin now. Like if you're sitting there going, you know, I'm going to buy my fucking, you know, Papusas with big coin. And that's the dream. Like, okay, cool. El Salvador's going to economy of $20 billion. Miami alone has an economy of $400 billion. Like this is a different world. Well, who's a new tax base? It's all the AI investors, right? So I guess big ones for all the AI investors. And British, you're not hearing that the big coins changed now. The narrative. I'm hearing it. I just mean they're stupid. June 15, 2023, that's when that changed. And I have in my many videos, I said, this is the most important date for big coin since big coins inception. And people are finally reluctantly starting to understand that. By the way, crypto crank, I think you might have tried to lump me into some other bullshit you heard earlier. I never said the environment is different now. I always said there's players. There's players. And how the environment, yeah. It was you know, I'm saying, yeah, there's big players that have entered the stage that are different from the big players of times past, like 10 years ago. But they're changing what I got from that that. Yeah, but they're emotions towards big coins. But the reasons for entering into Bitcoin, the reasons for purchasing, hotly, cold storage, big players, I bits, institutions, the narratives, and the environment. But I guess I just meant that it's more of like a reality check and for him to realize that. And not so much as some sort of like, no, that's my sentiment, but it's like not the same as it used to be and for it to be taken in some sort of like negative connotation. I'm hearing that from a lot of big people, man, and it's changing. And it and that's kind of just been the narrative. I'm getting. What's your definition there? I'm new to these spaces, do you so? Yeah, so drops away. Who British that puncher? Yeah, he's pissing, pissing, screaming like bitch, who's in the way? Well, I guess when I look at, you know, I just met Fred, I've seen the wolf spaces, which is really just trading. I've seen guys like a puncher as well as dark side. There's a lot, man, there's a lot. I see that you Jason, you know, he talks pretty good about Bitcoin, but I don't know any of these characters, man. And as I float through these spaces and then I listen to normal people as well like you know whether it's the panel or the audience The narrative has these emotions are coming out about Bitcoin pretty heavy the last three or four months do these narratives with just people what what emotion What I agree the bit 110 has been the most emotion. I've seen in Bitcoin a long time Well, yeah It's for grandpa's man. Like nobody even mind the fucking ocean The reason miners mind that fucking block is because they had a software bug. I mean, I Can't emotional about bit one time. I'm so fucking tired of hearing about it because it's so such a nothing burger The British's point folks on the fucking ETFs focus on the technology. Yeah, I ignored it the whole time I kind of do the outcome you you didn't have the mining support to make it happen But but you still these people are I mean the discussions were excessive on a day basis for we Right, they love Michael Seller if he loved Bitcoin town right they just hate them because they then goes away like you're just being Petrol and children Yeah, this could not be a sentimental market and continue to grow Can be a cent of the I think he's these volatile assets go from oversold to overbought very quickly so we go from one End of the spectrum right which is like depression to euphoria and we also a back-and-forth and we call that a four-year cycle Yeah, but that's not what I'm talking about. I'm talking about the Transition from the old crew to the different Bitcoin Just see this needs to happen. It is happening and that's the thing. I think I think it's gonna be hard for me It's gonna be hard for these OG Bitcoiners You know the Cypher punks that that don't want the banks and institution involved because that's what's happening So we're literally saying didn't they should have built tools that allowed proper security 15 fucking years Jeff both All of these guys do these smart guys they raised a shitload of money nobody focused on security But do you hear what spaces like you hear the right action? Okay, that's purely purely the facts, okay? So because there's not a market for security people won't pay for it only institutions pay for security guests The cold card is another fiasco and to be honest I'm disappointed in the Whatever you want to call it the utility of using Bitcoin has not been Performing that's why you have Ethereum. That's why you have a majority of of Utility going on crazy. What do you do? I would disagree with you block I think one of the utilities that Crypto has proven is to attract a tremendous amount of idiots of which you are an excellent example I've been around for a while. That's a good tip. I'm disappointed. I'm disappointed. Yes You're disappointed too Gary. I listen. I've been listening to you. You're disappointed man. Yeah, I'm disappointed Dude my my tribe let me down dude. I thought I was going perfect money. I thought you know I would never have him Roy's ever again No one's no one using Bitcoin on a daily basis By the way if I embedded Bitcoin into my paintings it would increase the value Exponentially I could get a nav a multiple on nav on the my art just by In pregnant some kind of digital little SIM card into my art. It's the kind of ideas I've heard are amazing Yo Gary I'm not a doctor, but I think the hemorrhoids come every four years. It's just a big one thing This is Gary's first set of hemorrhoids unfortunately. This is his first cycle. It's I think it's been hard on him I don't think it's his first cycle was Gary here in 2020. Yeah, I think he said he bought it 5556 Gs right? Yeah, he has an experience to rodeo yet And am I the only one that thinks that like the whole thing? See you guys don't even listen. Okay. I said my average I'm 57 how you think you get to 57 bro Unlike the $300 or $3,000 Bitcoin or okay, I mean I've been buying all since 18 so Like ask all those whales how much they bought between 18 they yeah, we've been buying yeah DCA in 12 bucks man Come on or maybe they're buying their Bitcoin with their Bitcoin, which would be good. They'd be checking out alone That's what we have we we need to price up on Bitcoin guys. It's the only thing that's gonna solve everything People are the sad thing is people really aren't using block. That's a quote that's directed to you. Okay It's the thing that solves everything. Yeah, I know you can handle it. I agree with that price is gonna go up Just gonna take time, but we're in a bear market. We're in a time. We're gonna go up I don't think I said it was gonna go up. Well, I think it is But but the we're we're in a bear market where we are We're what we're months and months into a bear market, right? Yeah, but bear markets coming goes like you know Just strap in grab some preparation age and the guac canals are gonna be loading a bunch of a bunch of things have not changed I mean you're seeing more adoption you're seeing Bitcoin's flow into these massive institutions and I think that trend continues And so I think the banks are coming. It's only a matter of time It's about to be a big boy market is gonna make a lot of people upset a lot of people like puncture That are fundamental people that have real principles in life That do not want the banks involved they're coming whether you like it or not But it's a real it's becoming a real asset. It's a two trillion hit We hit four trillion dollar asset at the top So this is now into a big thing is it is it not a real asset right now? I mean How much more there's no adoption and you can't put you can't deposit your Bitcoin at Bank of America or Chase or Wells Fargo There's no you there's no app major app where you can go in and look at your Bitcoin or spend your Bitcoin doesn't exist But before the banks that people are still using it I would argue people really aren't using Bitcoin on a daily basis. Who's using Bitcoin? Did you use Bitcoin today this week? No, no, you didn't not this week exactly We wouldn't have seen the price without these ETF Influos you wouldn't have seen this price due as fast as we got from November 4th or 5th To to what we just did Absolutely fucking right and that's adoption at the institutional level and more that's gonna happen It's gonna make a lot of people upset and you've got big money now you got millions of dollars You're gonna flow in they're gonna try to influence the network Which is what say we're just announced? Which is what black crux is gonna do they're gonna try to control it like they always have We've never had a free market anything in our entire lives to be honest Name one thing that's not manipulated by a massive corporation or government doesn't exist So why that two things That they may have Are are manipulated right now What was that? What are the I really don't think so I can't I can't repeat that right now But you could use your imagination. I know British is thinking about them So a Bitcoin AI win is iron ripping to a hundred we need a we need a forecast Now we're getting to the story we're getting to the story I think I think I think it's coming man. I think it's coming You're in this AI super cycle And British is short at the bottom which makes absolutely no sense It's like being short Bitcoin at 58k would you short Bitcoin at 58k absolutely no terrible trade Terrible what best of breed in AI data center who's the best breed out there iron Well, you know my bias. I don't know you by how know you Will you just mentioned my composition Like instantaneously will you're a mine reader no, that's what British just was asking you about it No, I think I don't think you're right AI guy It's not iron No, no, I'm not iron my largest position Yeah, I But that's not your your next or your favorite horror the horror house though No, it is yeah, just because I have a small I initially just small position doesn't mean iron I forgot about iron like no I've got my my my money makers iron. It's it's going to Continue doing another ten acts of the next you know three to five years And then I it allows me to retard Max and to other things right like I took a speculative bet which Uh Is bit dear right two percent position but it's tiny right like if you go to zero and it's not gonna change anything But if it ten twenty X is over the next few years That could be a good trade and bit beer bit dear is pivoted from Bitcoin mining day I'm mining a lot of these guys are doing that You have to have three gigawatts of power right so they could you know you can all allow and figure out what that value is uh You know what's that worth but it they're also an R&D company to have a A functional Bitcoin a sick Bitcoin chip that can mine Bitcoin there's only public company that has that Exposure so that's a big claim you said it dear yeah It's a big a lot yeah All over they've got uh so they actually neighbors with iron in Texas You said bit dear dt dr yeah you you you you did this sector No, I'm not doing all I actually Eight months ago they were looking for power and they met with me And they didn't have power so you're telling me that they have They decided to do a billion or deal with uh Yeah, they clearly have power some other startup that started ten months ago that that deal That was announced that deal has less that has less than 20 people So you're familiar with company you're familiar with that yeah, I'm tracking everything I'm in the I'm in this business. I've been my team has been originating powered land for over six years And the Mississippi River corridor And so They are not they said that that's that's weird bit dear There's been around since 2021 publicly traded and it's down over the last five years The Bitcoin miners have been a pretty bad investment But I totally agree with you uh Bitcoin that the uh AI data centers seem to be a pretty there and now Jimmy They're now the largest Bitcoin miner by by hash rate I yeah, I'm not talking about Bitcoin mining. We're talking about like whether they have three gigawatts of gas People claiming that like they are or maybe they're aiming to get three Giggle wads or just but having it according to a quick person that is available It's part of their current portfolio. Yeah, yeah, that sounds off This operating they're not there yet right? Obviously they're not there. That sounds it's not even energized I think I mean I just I just know how to grid works. I know it's available in Urkut right now, right? I get public information and it was available in miso pjm Tyso my soul the power a lot of people are making claims but the power that they say that they have don't doesn't even exist And so watch out for that. I think the operating capacity right now is 1700 megawatts I should time my shorts with your lungs by the way because it's down 19% since you go then Yeah, but all these talks go down, you know They're very volatile. I mean I saw iron go down 90% I saw You know, I really went down 75% three times over the past few years, right So what's your what's your time horizon on this iron trade because I I I have no problem investing well I saw his then you know 2022 2324 It's been a good past few years um I think we're just getting started here. I think Next three to five years we could see you know, Tanax I see it. I mean we're gonna need the capacity I don't think a lot of people understand we're gonna have more computers and AI agents doing things in the future than humans that I still don't think people understand there More GPUs I think that's true, but there's a real bottle neck on the infrastructure side that It's gonna be power right as I just said it's gonna be power Yeah, it's it's a huge just announced a review of every everything in the state It's not just it's not just power. It's it's a lot more complex than that It's like 230k vbreakers like and it's fucking you know the steel poles that That you know run those high voltage wires like it's it's a huge supply chain issue like before Before 2023 The utility Never got a request for a gig a lot and they never got a request that required a 12-month turnaround time Right these parts would be The supply chain the supply chain was never retrofitted to move fast on the utility side never And so it's there there are more bottled like if you don't understand the Energy space you just don't have line inside on the actual counterparty risk So when these guys that are publicly traded or making announcements people get hype If you have no fucking idea how they're actually gonna be able to pull it off and they and they don't know either And that's why I think I think and I agree with you there's I mean look at the fucking price of memory right memories Not better or more expensive is more expensive because we can't make enough of it right but I think We're gonna be short power. That's clear right That's 100% clear. We're gonna be short electricity Well, I mean he just Jimmy was also just saying if I understand correctly It's not purely just the electricity It's like the actual infrastructure like if I Understand correctly which makes total sense like a lot of the Materials and like specialty equipment that they Is to tell the tape yeah certain transformers certain high like kill-a-volt Conductors wires transformers and is connectors and shit We're pretty much reserved only for like city Size utility And they weren't really sold to very many like private vendors and we're probably importing a lot of that shit from overseas too right How much of that stuff comes we're not that's the problem We're not we can't so the you because so if it's coming from China the utility can't accept it because China's spies and China like Reserves the fucking opportunity to shut you off Jimmy has an alpha. This is this is interesting You know, and so like so like when you're dealing with the utility utility says I would only take um GE semen's or hike all that's it you can't procure from anywhere else You know and they like they there were some real fucking challenges on the infrastructure side did make it literally in pot like What I hear an announcement and I hear the energy market they're announcing in I'm like this is a scam They're not even a look they can be allowed the light of people that yeah I'm building the gigawatts site how well the blue energy really is adding real capacity and they're using natural gas Yeah, put up and put up in the nest here's the kick so here's the kicker with natural gas It's one point seven megawatts to have currently and 1.3 Megawatts for the future and the pipeline not built yet I put it up I put it up in the nest I'll read I'll read through that a little later Yeah, it's their contract capacity so it's contract it's not energized Yeah, yeah, I mean even cypher like only half of only half of the time it does Only a few percent of it is energized out of their five Point something gigawatts capacity all right, so the only thing that's actual so Do you know if they're at ten it is investor grade or What like did they announce who who their offtake is? Yeah, I'm gonna post it all I got it hold on a second and that's that's very important Um, it's also considered as well because like there there are a slew of like meal clouds that are not investor grade and they find it They're very it's very difficult for them to find like a A place to operate out of and so they'll commit to very risky fucking Tire lines with like we're like a developer doesn't really have the money for a kayak a kayak as this utility upgrades because the developer has to pay for it and share like that But but like if it's like a Microsoft this an off-taker you you would you know that it's actually Firmed because Microsoft actually has to order the chips the chips itself is like three to five times More valuable than the data center itself and so if a Microsoft is signaling that they will into commit You know three billion dollars in chips to your project because they're ordering it from a five Then it's highly likely that that developer is going to meet that in adjacent timeline But if you're fucking off-take is some you know Joe Shmo meal cloud that isn't investor grade Then it doesn't matter what the fuck you're announcing. It's highly likely. You're probably gonna miss those timelines Yeah, so Jimmy what are you invested in? Ah big coin So you're talking you know all about you know all about All these Yeah, what are you? You like me. Yeah, what are your favorite data center companies? I remember talking to you about like Mst. R and big coin stuff last year, but I don't know you were in the space so deeply Yeah, yeah, I'm I'm chief commercial officer at garrison data partners. We are We originate power land for a lot of these developers The center's etc So that's what I do professionally Yes, I don't really trade Stocks I mean I buy and hold things that I believe in long-term, but do you believe in AI data centers long-term? Absolutely You have you have long-term investment. I own a significant amount of equity in my own projects. I'm good on that sector, so that's where you're concentrated very very concentrated. Yes Cool And so we say your projects that are public equities. Is that what you're saying? Or private private right now. Yeah, okay Well, I'm just curious because because uh I mean, I feel like everything you said and what you're reading Is there's gonna be constraints? There's gonna be bottlenecks and that may be a good thing Maybe we don't get overheated on the investment because you literally can't find power. You can't find chips. You can't find Memory you can't find turn I'm doing a turbine transaction right now this fucking moment It is a shit show for turbines right now Absolute shit show and so guys that are saying like oh, I've land is near a fucking pipe lines in natural gas Like you don't you All like all new turbines are three years out four years out Full stop the wind and we hit the wall here. We are already hitting the wall. I mean some is I I saw a company with bankrupt the other day because they couldn't get Delayed half of the day the winners are delayed Yeah, I mean bro, we did hit the we hit the fucking wall. We hit it hard bro. So we hit it this year right? Yeah We hit the fucking wall. Absolutely air cotton just rubbed every fucking project. What do we tell it? I saw It's called a review like people that are still bullish about I wrote Now this is my take on like iron and like the cruise sales and like they're big coin miners that We're right place right time. I'd like to look at iron is one of those guys and cruise sales another one of those guys right place right time Had a Bitcoin mining site and then the AI boom game and they just happen to be positioned perfectly What I what I think is risky for all of these companies is They were able to originate a site where no one was looking for power and no one was looking for land in their territory So what was them versus no one Now they're looking to expand Where the best people in the business are competing directly with them. So it's like it's not like Iron just no it's iron versus Google and Microsoft Not only the data centers for fucking 30 40 years bro Yeah, but the issue the Jimmy if there's if there's a moratorium For the small ones is a moratorium on the big ones and like when Google and Amazon needs to expand if they can't build it themselves They will buy out the small ones that already exist So if you already have something built you already have contract You know Not not greenfield But if you already have something built with power Um You're open for the highest bidder in terms of that's the fate Your situation got your situation got better not worse well Actually when you're dealing with the larger companies and I'm seeing their strategy not could I I'm living I'm living the strategy out in miso south is If they don't get what they want Because of their balance sheet and because they know that you're smaller and have a holding costs they simply wait And bleed you and so like it's like They'll say say that again So they would they would they hate to lease so if if you are smaller guy and you're able to beat You know, let's say Google to the punch right you're able to originate a site there's maybe 750 megawatts available in a territory You secure 650 megawatts of that And they know that you have utility upgrades to pay for you have holding costs Maybe you have a land on option you have all this shit that you every month the past you have holding costs But you're a smaller company they know to wait They won't lease from you No, no, it won't go straight with you They don't talk about like I'm getting a call It's literally I mean big picture It's literally Google versus everyone Because you're right Without restriction Google would rather build their own dinner centers to care their own power Fill it with their own fill it with their own ships like Google this is Google had the monopoly on internet Internet access and search for the first 20 years they're looking up to they're looking to lock up the AI monopoly from next 20 years This whole thing is is Google gonna lock up a monopoly on AI or do anyone have a chance At competition here to knock off the king And Nvidia is trying like hell like people make fun people give them video hard time Investing in this and that company and trying to fund smaller projects to get off the ground like Nvidia is trying like hell To make sure Google doesn't lock up this monopoly for the next 20 years People should be rooting for Nvidia everyday since Sunday Otherwise Google wins by default. I mean Apple Apple already assumes Google's gonna win they they lock they you know just like So far as the default search has Google is the default search and now Apple is using putting serious the Google default AI engine like One look at Google's valuation right now look at Look at Google's 4P. Look at their 5-year peg ratio. Tradify in Wall Street. Party assumes Google's going to win AI. They're already given a monopoly valuation. Look at NVIDIA's valuation versus Google. It's not even close. Google is trading at three multiple to NVIDIA's earnings. So yeah, you're right. Like Google wants to bleed them out and hopefully the week die because they're playing for all the chips. They're playing for a monopoly. I mean, they will die. These holding calls are absolutely insane. So Jimmy, what's your thoughts on iron? Because that is one that I place the short position on. Right. I think they were right place, right time. Just like Kruzel, right place, right time. Galaxy also. Perfect. Like, they're more like a guy. Yeah, like, there's a couple of guys that got in at the perfect time. AI guy, don't you have anything to say to defend iron at this point? Like, because you always say so. No, it's right. This is a solid alpha. No, Galaxy stole their site too. Focus on iron. Focus on iron. Iron will be fine. Yeah, they're going to be fine. Iron Cypher, Galaxy, they'll be fine. You know, it's the smaller, it's the little ones. It's the guys who have the other side in the dream. No, they have no, no, iron already has existing facilities. Yeah, but they are the little ones. Have you have you heard advantage? Have you heard these like there are like iron, I'm a huge companies. Yeah, we've all heard a bridge field. We've all heard advantage. There's Jimmy. There's a lot of iron stands in here. That's why this is interesting. I think I think they were at the end of the day. Like iron needs their pros because they were some of the most forward thinking on the Bitcoin mining side that were super bullish on infrastructure. Like it's that clear. No one, I don't think there were many entities that were investing in Bitcoin mining like they were at the time when it was popular, right? And so that's why I think they were able to take advantage of all of the power and infrastructure they already had there. Fucking, they had ownership over essentially when the hyperscale data center trend started, right? But it's the, I think if you, if it's, I'm not tracking the stock. So if it's trading at a high multiple and that high multiple is reflective of like a rapid growth, that I think would be risky because of the conditions that they're trying to expand in right now. I think they're making good money. It's a healthy company. But thinking that we're going to 5X, 10X from here, I think that's really, really risky. If that's what you're betting on, because it's hard like there's just isn't the energy available full stop. And I think they didn't have that project like a sweet water that was supposed to have already energized and opened, but like, they mentioned it and they stopped talking about it. And I don't think it's energized or like it isn't public yet. Like, is that true? Yeah, I got it. I don't know. What's going on with that? It's energized. So sweet water is energized with the, is there a customer? No customer has been announced. So, so how could it? OK. So why would it be energized? Exactly. So think about it this way. The energy bill, the energy bill is significant. So you can't be energized without a customer, when you lose your shirt. So that doesn't track, right? So like, if you're energized, you must have a customer. Or you'd go bankrupt. That's how significant the energy bill is. So it's so if there is no customer, then it's probably not energized. And they stopped discussing it. They literally posted the video of the energy generation. Why are you so why are you not talking with your chest anymore? Yeah, what's going on? No, I'm listening. Jimmy's got some mouth. I'm trying to get some more out of them. Oh, yeah, you can ask away. I'm actually in this space. And unfortunately, I can't. I can't discuss openly. And Jimmy will not acknowledge, you know, the last day that we fucking almost tried to save Nakamoto. But you know, it's just got a fucking DEI board over there that doesn't understand anything. But this is what's going on here. Like what's I like the fact that your barking is calm down a little bit. It's peri. It's like it turned into a little part. No, because there's someone here that has some alpha, right? Absolutely. 100%. You should ask questions. You should ask questions. I want to ask questions. You're the one shorting. You're the one that needs to do it. When you say it's in their jobs, does that mean it has to be running something? Look, I will show you because there's a difference between having the power there and using the power, right? That's correct. That's the billion dollar question. OK, how much capacity is sweet water supposed to have? I think it's 1.4 gigawatts. Yeah, it's hooked up to its substation. And it has grid connection. Now, no, I assume that if it's not running servers, it's not going to be there. OK, if you let me finish, yes, I'm sure they're not just spinning GPUs for the fun of it. But it simply can't be. All right, so all the power lines. So Alex playing with that. So Alex playing it. So if sweet water is 1.0 something gigawatts, right? And it's energized. That means they have that much capacity flowing to that site. If there's nothing there to draw the power, then that would cause blackouts and fires. Because that's how it goes. Yeah, so I'm going to ask you a little bit about the grid. So on the grid, at any given time, you have enough, like, let's say high voltage lines. You have enough power to run maybe eight airliners, on a 500 KV line. But it doesn't matter how much power is being pushed. It's only that much power on the lines. So if there's a gigawatts being pushed in, a gigawatts needs to be drawn. Or there'd be issues where like fucking fires would start on the transmission lines itself. Jamie, look at the pen post. This was May 1st. Would be another announcement. You could see the video. Video what? This is the delivery of sweet water, one substation, and interdulation. Yeah, this is the video showing you how much power is flowing through the line. No, I'm just, I'm sharing it. Because it's a marketing video. But I'd explain. This is how you place your trades, I got you watch marketing videos. If a gigawatts is going on to the grid, a gigawatts needs to be drawn off of the grid. It's think of it as like water. If you have, if you're pushing like, I don't know, a hundred metric tons of water through pipes, if it has no place to go, then the pipes are bust because of the water pressure. Like if you're pushing a gigawatts on the line. I'm actually like some electricians. It needs to be go. Yeah, because like between the frequency of current is between 50 and 60 hertz at any given time. If it goes above 60, then it causes fires. Things sort of circuit, blackouts happen. It's always between 50 and 60 hertz. And so if you're pushing a gigawatts. You're talking about the cycles, but I'm not, I'm talking about if it's not being used, how is that going to be? So if it's not being used, then it can't, you can't push capacity onto the grid without something on the other side drawing it. And so when you're saying, okay, this site is energized, but there's no tenant, then there's nothing drawing. I mean, I don't know much about high voltage, but if there's no draw. It's all high voltage. Which not, when you're asking for a gigawatts, it's not coming low voltage, that's high voltage service. And you have to build your own private sub to step it down. That's the amperage, right? But they bring the high voltage lines from the substations, go to the sites, but they transform it down to like 460 volts usually, before 80. And then it switches off down to the miners or whatever it's being used for. But what I'm confused about, I mean, I'll look into it because I don't, but what I'm confused about, if there's no load, load is what's drawn, right? If there's no load on it, where is this, where the fire is coming from? That's what I'm confused about. Yeah, because so there's only so much current that can pass through those high voltage lines. If you push too much, the lines are in, the lines are in, the loads are in, the current. No, no, no, well, yet, not above 60 hertz. So you'll go above 60 hertz. That's just the cycles, that's not the load. Amperage is the load. What are you talking about? Amperage is how much power is drawn, that's the amperage. It needs to be balanced. There needs to be balance on the grid. Well, all loads need to be balanced, yeah. Yeah, so it's, it becomes, but if there's no load, it's the power on the grid. Because there's a surplus of energy on the grid with no draw on the other side, you cause fires that way and blackouts. That's why every time you ask, this is why every time you want to build a power plant, you have to run a system impact study. So they could, so the, so the, and sometimes you apply to build a plant because you see that there's like a huge demand for power, but you just can't build a plant to connect to the grid without a load center drawing it on the other side. So typically for you to build a plant right now in this market, you have to already be partnered up with a data center that's willing to take it. And then you both connect, basically connect to the grid, they're essentially together at the same time. Because one can't connect before the other. It's coordinated that way to keep the grid balance. That's how it works. And so if you say that this entity is receiving a gigawatt and is energized, but there's nothing drawing the power, there's no like GPUs actually drawing the power. That doesn't check out. Does that make sense? Or am I speaking Chinese? To me, it doesn't make sense, but I mean, I guess it could be something I'm not aware of. Javier, you're asking the billionaire question, we're all asking the same thing. Like, where are we gonna get a deal? Where are we gonna get a customer announce? But I'm with you, dude. It's that. I don't know. I don't know. I, that's, sometimes I hear announcements and I'm like, wow, this doesn't make sense. Is this legal for them to do? I'm just, you know, I just, you know, this is in a market, in a market where you're for who? For someone to say that they have a certain amount of capacity as a data center and knowing that it would create by pressure on their stock. But like on my side, I'm like, do you really have this capacity? Because I know what the demand for capacity, we all do. We all hear off-takers saying they don't have enough capacity. There's chips where like they don't have homes because there isn't enough energized data centers. Are you telling me this person has a gig and it's empty? They're data center? How? I see because they don't like the press of the lease or the rent. Or they want a collaboration. I think because it's not for a lot of people. It's the same thing with a month, it's the same thing with a mining. The devil's in the details. You know, I'm sure some people want a co-location of the people want a lease. Like there's a million different reasons why this or that. What I'm getting at, what I'm getting at is if you have the capacity and you're not running the capacity, you're going to get charged for full capacity. That's what I'm getting at. And I don't see how they could charge you for full capacity. And if you're not using full capacity, we're using very little, how is this our fires? That's the part that's confusing me. Well, of course not. We would have heard if they were massive black guys. I mean, we'd have to say, like, we were talking about it. We would have seen fires. Are you talking about the fire risk being on the power plant side of things because of like turbines and stuff? Are you talking about like an electrical fire? Like an electrical fire. It's just straight grid. If you, if you, yeah, that's the part I don't really understand either. Like with, like, I'm kind of with Bitcoin bull. I have a little bit of a electrical engineering background. And I'm actually a licensed little Christian. I don't deal with high voltage, you know, yeah. But just like the way a load, like, like, there is no electron flow without a load. So like no matter how much wire, like extra wire, or you connect to like an electric, like a voltage supply. If there's no load, there's no electron flow. So there can't be any heat. There's no load. There's no cycle. That is incorrect. Jimmy, if you're not drawing power, how is there a fact in the grid? This is the problem. Yeah, because the generation station is pushing excess current. The generation station is. Yeah, but the generation is in the next three wires. If you say this, something is shit. That's where this, that's where this falls apart. You're going to find this. Yeah, because you say that nobody has an extra gig. So there's an excess gig. I like to see. Or next load when the job gets. It doesn't get like, you're saying that there's an excess gig. No, no, no, we got to the heart of it now. Jimmy, you're. There's no load. There's no current. It's a hot. What are you talking about? What you just said? I just said, what? Tell me what I just said. Do you just imply that the generation is at sweet water? Because the, oh, you're not fucking listening to me. Well, the generation station is easy. Easy now. You're not fucking listening to me. Oh, wow. OK, now we're causing. What I'll do is that. That's serious. Can I, you're just speaking over me now? So the generation station is the power plant that is generating the power. Is that a sweet water? No. The generation station is producing the gig. Why it's supposed to be drawn at sweet water. That's what I'm talking about. Right. So I see a lot of. So the generation. You don't, bro, you don't understand what I'm talking about. I think PG was right. If what PG was saying is correct, this is not your core confidence. He did make sense. This is my core competency. And I think that this is the best. I'll speak to the guy with the data sales for over a decade. I'll speak to the guy with the ADN add-on. So this is the electricians and data center technicians up here. But go on. Yeah, so I think PG was right. If there is no electron flowing, there is absolutely no load and no. Obviously, no bonding. That's exactly what I've been saying. If there's no load, there's no current. Absolutely right. Yes, there's no heat. Now, I might identify a case. There is a case in which it can cause fire. I think we described. If you say that I have a gig right now energized, how can you say that there's no electrons? If you're saying, but this is the misconception. If you're saying, this is the misconception, this is where you're missing. If you're saying you got a gig energized, that means you got a gig load. That's right. No, if there's no load, there's no energy being used. That could have took a leap. He's concerned about the police. This is where you guys are missing. He's conflating energization with capacity. Exactly. That's what I'm trying to explain. I'm glad we had this hour-long argument over semantics. Let me describe one scenario which might cause some fire. You guys actually don't know what you're talking about. If you find a utility agreement for 500 megawatts, here we go again. You would say that you have 500 megawatts energized? No, that's a capacity. That's a capacity. That's how much you could use up to. Most likely, it ain't even that much. It's like 80% of that. Yeah, who cares? So what the sweet water have right now? I have no water. Sweet water is I'm talking to the super about luxury. Well, what the reading is right now is the way it says. We're talking about the sweet water. Sweet water, they're telling me the sweet water has a gig energized. No. Capacity. Listen, if it's energized, then it's being used. That's correct. It's a load. It says it right on their website. Even two gigatons can pass it. Where is it right now? Sweet water. Where's it located? Where's the capacity? Where is it? Sweet water. It's in sweet water that's going this way. No, you keep saying energy for my capacity. You keep saying capacity. You're telling me the energy. You're telling me there to be. You're telling me there to be a big conflict. You have the sweet water right now. A, P-A, C-I. You don't know what you're talking about. I have no idea what you're talking about. You usually worst, you don't know what the meaning of them are. You're understanding yourself. Yeah, exactly. You do at the same time. Do you actually don't know what they mean? And for the sake of Jimmy's point, let me describe one scenario where they might be some fire ant. describe it. If you have a diesel generator, you don't have any load for a long-long period of time, that might cause the generator itself to potentially cause some amount of heatup because of underutilized capacity and underburnt diesel generation. every sub-around you every substation around you would be true about the generator no no no no that's a script it's pushing that listen there's nobody drawing it on the other side listen we are electrical engineers of 40 years of experience here so and I'm a licensed electrician too it would be a licensed electrician go fix my lights which you have no idea what the hell is going on the infrastructure side listen I know that if there's no it's listen you don't need to be an engineer to know if there's no load there's no current there's no current there's hold on here it's based on electrical yes accident if I'm right or not that is absolutely right there you go there you go what's going on VG both an accurate what's next what are you talking about no we're not talking about anything this is electronics and the next thing and that's how it works there's one debate about it I just explained how it works you guys read a couple press press releases and you're trying to explain me oh it's not it's basic electrical it's basic electrical you read a couple of documents on Twitter you're trying to explain how this works it's nuts now I think the guy with the Indian accent actually knows a bit of what he's talking about the Indian accent is great with me yes the Indian accent agrees with PG and you try to just don't know the name yeah forget the name you know call him high or two it is low voltage call it LV low voltage I'll be nobody talked about it except I disagree with you if the regeneration station is pushing out the gig with no draw on the other side that would trip all the substations around it I just don't know what you hear this every means like like I don't know what that means you don't push electricity it's a load if it's a load then you're using it if it's not a load it's just a capacity it's what is capable of drawing it's like when you when you have like a a catheter at the hospital you get like an IV drip bag like it's not like spraying like liquid everywhere and then you connect it to your artery and that creates a like that connects the circuit like it and that makes it flow but if the circuit isn't connected like if there's nothing on the other end there's just no electrons moving and therefore there's no heat so just I just don't know just contact but like pushing I was just trying to be nice and without saying that he's wrong to make him look at but since he's being a jerk he has no clue what he's talking about I don't doubt that it seems like he knows a lot about the like infrastructure side of things all like not basic electric but not basic electric hey man listen if if I say that I want to build a gigawon power plant and connect to the grid every utility would say no despite having a deficit uh in capacity and having a demand for the capacity they'd say no without if they can't handle it yeah they'll say no but that's not the argument but that was an argument without somebody drawing but that's like that's an argument I've been explaining this for the longest like I've been 20 minutes I'm trying to explain this and everyone's telling me I'm wrong no you was trying to explain that there's there's no load it's going to start a fire that's where you're trying to explain that's literally why they'll tell you now you have a electrical engineer in a licensed electrician saying it's wrong and you're still saying you're right pushing a gig through high voltage wires we're not saying pushing if you're pushing there's not pushing your drawing okay what do you think a turbine you're drawing a load we're not talking about what do you think a turbine does and where did the energy go so what is turbine sort of it's like talking to a wall so I'm just gonna we're just gonna go now I'll let you guys finish oh my god I'm I I'm a wall because I disagree with you you read a couple friends you could disagree but when you're wrong you're wrong you don't like to be wrong when the turbine moves a lot it creates electricity and heat yes and and if there's no if there's no draw in the electricity it's just gonna create heat only yes exactly right it's gonna create heat so there is there is a possibility of like on the supply side like at the power plant look at the context with the turbine connected to the grid but look with the context of the turbine because like heat can dissipate and escape and that's fine that's just released but then in the context of a turbine connected to the grid so it's generating electricity so a grid has to have a load if there is just two wires going parallel starting from the generation point going to some random destination without a connection on the other end with no load like there's no load just a line line doesn't mean anything if the current has to go no it hasn't it has to go and have to go interesting no it doesn't so listen listen you know understand the concepts of physics the simple physics here this is basic electrical doesn't it doesn't matter if it's big load or small load it's basic electrical exactly yeah I think the project is not to go for a thing you could say because it's three gigawatts versus a 200 amp that I do with it's still basic electric same thing no it's not it's not the same thing it's even at a low world stage five world it's the same thing I'm talking LV right now OV why is it why is it that wires high voltage wires have a rating and if you're rating it the frequency of the list of the rated for voltage and average the fuck I'm talking to LV she's a listen a wire is rated to carry the capacity of current it carries yes so why capacity listen capacity okay go ahead keep going all right and if the current gets above 60 hertz what happens so current is not measured in hertz current current isn't yeah that's the frequency and it usually doesn't very yes frequency it goes above if it goes above 60 hertz what happens it can go any whatever frequency doesn't matter what frequency is irrelevant to the first question that just makes it AC or not what what increases it what increases the frequency a frequency is decided by the speed of a number of wrong side when it's one second it's a sideway a second of the generator you know it's pushing okay there's not a generator we're getting here we're getting here okay we're getting a stop stop stop generator does not push of course you have no no it doesn't a load has to pull a load has to pull the current, a generator does not push. It just offers the voltage. You put a load, the load will pull the current needs. That's it. It's not safe by overload protection devices. This is the same reason why birds can stand on high voltage wires. They don't die. They're not creating any sort of circuit or load between them and the common wire. Unless they're not allowed, they just not continue in the circuit. Unless it is in India and the two wires are close to each other, the back hangs on one and touches the other. Yes, the band gets fried. I've seen a lot of electrical accidents in India. I have caused accidents also. I understand very, very well. I've literally beyond 40 years of electrical experience. Please don't make confusion about generation versus load. Load has to pull the current. I guess you couldn't take it from me. I just went on the white man's and you see the graph. Yes, power plants, per selectricity, the sense of generators create electrical pressure called voltage, which forces electrons to move through transmission lines. Only the load. If there's a draw on it, if there's a load on it. If you haven't accepted it from me, the white man's AI said it. Now, can we move on to why and how these wires are rated, the way they're rated? Okay, the wires are rated on the capacity to get them. When I said that, hey man, when the frequency gets past 60 hertz, it causes fires. Dude, the frequency has nothing to do. It has every thing. It has the joy of the average. It's the average. It's the thing to do with it. It causes too much heat. No, on the infrastructure. Yes. It's not the same call. The load is the same. I think we're talking over two different understandings. It's kind of like a semantics thing. But the wire rating would strictly be for like current, which would cause two thin of a wired overheat for an amount of current running through it. That's why your in-home wire is rated the way it is. If it were any thinner, you'd have fires in your wall. Those by gauges and watts when you get bigger. The frequency thing would be if there is a possibility of too many power plants are like on one grid, it'll cause them all to kind of rise in frequency, which might be what Jimmy's talking about. And they'll spin faster on the plant side. But they all are supposed to have relays that trip when they get above a certain frequency and then the turbine just turns off. That's like, and that is absolutely correct PG. And the thing is, look, I for those that are electrical engineers or electricians, anything past the bus, I have no fucking idea what's going on in regards to electrical infrastructure. Why you've been arguing this whole time about it. But from the stop station to plant, that's all me. So that's why I'm good at annoyed when guys are like, fucking arguing with me, that I have to fucking talk to the utility every fucking week about this shit. I know what the fuck I'm talking about. I think we made everybody leave. Yeah, too much water dead here. The IQ got too high. That's the issue. Dead is not much water fucking all due to the space honestly. I know this makes it feel like we haven't talked about that. And Jim, every time we're on a space, we talk about like bullshit. Like now I'm more interested in error and everyone's leaving. It's no problem. I'm sorry if I killed the room, bro. I mean, you got my interest. Now we got something to talk about. So look, are you like very exposed to hiring? Of course, dude, I mean, I have a very, very low cost basis. Well, they're not good. That's good. That's good. I bought fucking strategy at like 300 and something, bro. So I'm like, that's my life. Yeah, yeah. Matt and I, we're buying these stocks when they're like $1 or $2.3. Oh, nice, nice. Yeah, he made off like a bandit. We're still in this. I mean, I think there's, you know, we're down 50, 60% whatever it is. But that doesn't really, I mean, we've been down like 70, 75%. Multiple times. And last cycle, you know, these stocks went down like treasury companies 90 plus percentage. I think I think in about three to five years, a lot of these data centers stocks are going to be really depressed. And people are move on to like, I think Neil Clouds would end up having the, because like, there are these guys, they're like wild cutters and they, I don't know how they've gotten their hands on chips in the secondary market, but they're buying up chips and they're finding homes for them in 10, 20 megawatts sites. And they're making a fucking killing selling compute. That's where a lot of the money is. And so like, while these stocks are performing well, you know, the guys that are getting the data center leases, the guys that are selling a fucking computer, making it into the market. What's with Iron Zundere? Is it Neil Cloud? And with your hands, a cloud as well. And then, you know, it makes sense. Yeah. Yeah. But there's a lot. Dude, we can talk about this for like, head hours. It's like, past midnight here. I, it's good to know that you're in the game. I'm just a stock investor. Like, I'm not, I'm not, I'm not in the trenches, you know, I'm not building the data centers. I'm not originating any deals. I'm just holding and embracing the volatility. Yeah, I mean, fucking, it's definitely wild. It's been, it's been a crazy experience. I'm not, I'm nowhere near as like good as like Mike, the co-founders, right? Or like, because these guys have been, they've been an infrastructure for like many, many years. Like, one of the co-founders helped rebuild the utility, like the grid in Puerto Rico. There's like a big hurricane during Trump's first administration. And he helped manage the FEMA budget to rebuild that grid. And so that's how he got his experience. And the other co-founder is like a fluid engineer, you know, managing, you know, and building water facilities for like fracking and shit like that all across like the Midwest. And so, you know, I learned a lot from those guys. I think, you know, not many people talk about this aspect of it, but a lot of the bottleneck also comes from people that work at the mag seven that like were real estate people, commercial real estate people specifically. And they're not, they just don't have the tools required to originate sites in this kind of environment. Because like prior to like 2022, you used to be able to go to a utility and be like, I need 50 megawatts and the utility of like, sure, and just do all the work for you. But because of this demand, you need to do like so much more of the work for the utility. And just these real estate people never had to deal with infrastructure ever. It was always done for them. And so, you have a lot of missteps. If you look at some of these, there's like a lot of big projects all across the country that are going sideways. And you wonder how the hell that it happened. And it happened because you had a guy that's been building data centers for 10, 15 years a certain way. And then now the tools and like the habits that he had just doesn't work anymore. And so that's also going on. And in real time, people are starting to be trained up to figure out how to actually get a site originated in this kind of environment. They're, you used to hear a couple of months ago, like, oh, I need five nines. Now like fucking data centers are okay. The developers are becoming more okay with interruptible energy contracts with the utility and their engineering around, you know, some of those limitations to create resiliency and also be able to secure that kind of resiliency at acceptable levelized cost of energy. And so like that's all being worked out in real time. Are you guys still there? Yeah, I'm still here. I don't know about everybody else. Okay, I was falling asleep and then when people stop talking, it disrupts it. Back to the goi slot. Let's fucking go. I mean, the space is recorded. So anybody could go back and listen. You could call it a lullaby space. Yeah, I like lullaby spaces. No, it's good information. It was great. I just, I tend to fall asleep on spaces when it gets late. And I think it's late everywhere, right? Unless it's early for you. But yeah, it's 10, 10 and Pacific. I'm getting laid now for me. I think this is the east coast guard maybe. Yeah, no, but great space. I just wasn't sure if it was rugged. I think Fred's already tucked in. So is it? Yeah, he left a while ago. So are we saying you gotta keep it going, Natalie. No, I actually like to stay silent and just hang out. But does anyone eat before they go to bed? You're not supposed to. It won't digest. I know, I don't. But it's a controversial topic. So I thought I'd bring it up for debate. It's just gonna make you fat. Don't do it. Yeah, I was just DMing about that because one of our listeners is in the gym right now. And I said for myself, I can't work out unless it's first thing in the morning. If I don't work out first thing in the morning, I wouldn't be at the gym this late, but but health is wealth. So if you can work out any time of the day, it's good for you. Sometimes it's impossible if you have kids and they're young. Well, that's a workout in itself, right? Chasing after the kids. How many kids do you have? You have kids? Yeah, like two with the third on the way. Oh, congratulations. That's exciting. How about you? I have three kids at one point. I had three under three. So yeah, I know all about it. Yeah, I'm gonna have three under four. Okay. Yeah. My kids are all year and a half apart. Do you want more than three? I don't want a jinx that I hate asking that question. You know, your third just coming on the way. But do you want? I didn't only plan the first. Everything else is just whatever bro. Whatever bro. All right, man. It was like right after we outmarried, we're like, you know, we're gonna do this and then like, fucking pregnant immediately. Like no fucking time at all. Same thing, same thing happened with the second. Same thing happened with the third. These are all geriatric practices because my wife is the same age as me. So we're both 41. You know, you were 41 when you got married? No, we were 37. Okay, well, that's good though. I mean, did you have like obviously a short honeymoon phase, but I mean, did you were you together for a while before you got married? Met when I was 35. So I'm a December baby. So I was basically around three years we were together before we got married. Okay, so it's okay that as soon as you got married, out came one. You probably were excited. Yeah, yeah. Yeah, yeah. I mean, I mean, we're looking at the watches and like, I don't know if you know, we're getting old. Yeah, just like, if it's not now, never, right? People are, yeah, they're having babies later in life, you know, like again, how old were you when you actually had your first baby or your wife? I think I was 30, 37, 38. I don't know, I forgot. So she's, yeah, I'm a December, so I was 37 turning 38 basically. Yeah. So then if like, then that means I got married 36. Sometimes it's like off because my wife is a couple months older than me. She's a March baby. I'm a December baby. So, yeah. So how is she with the pregnancies? We're just getting into it now. It's late night space. I can ask these kind of questions. And you can tell me to stop asking personal questions. But like, first semester is always like a problem. Yeah. It's easy breezy after. Yeah. Do they, do they push for her to have a C section or deliver early because she's never had a C session? Yeah. Nice. Okay. Yeah. No, I just wonder because of age, you know, because yeah. Yeah. No. I think we, we lucked. I think we basically wanted genetic lottery to tell you the truth. Nice. It's just been no fucking, it's like we're like 20 or something. It's been no fucking problem. That's awesome. Yeah. That's awesome to hear. Man, so do you want another? Do you have boys and girls? Or what do you have? I don't know. And the third is going to be a girl. You are, you know, all girls. So you want to try for the boy? I don't know. I don't get, like, I don't really need it. Like, if I don't have a son, I'm fine. At least like, now I know that when I get old, I'll probably have like, kids that care about me because if you have a son, they fucking abandon you. Start their own lives. Cure. And all you want are healthy babies, healthy kids. Yeah. So it doesn't matter. The sex. But I just wonder, I don't know. Things are going good for you. Maybe you go for that boy. But then you're like completely, I mean, you're already outnumbered. Like, you know, if you have another, it's like, what kind of car are you going to get? With the strollers and everything. I mean, it can be a lot. Yeah. Probably like a UConn or something. Yeah. I'm just going like a fucking Uber Black fucking. People hailing me down. So how soon till your third comes? Third comes in January. Nice capricorn baby. Right? Yeah. I'm a capricorn. I don't really follow the zoning accident. So I'm either I just know I'm January, so I'm a capricorn. So but I don't follow either. It's funny when people ask you, what's your sign? And then they try to match up if you get a long or not or if you're compatible or yeah, I don't really follow it either. Call that a white girl witchcraft. I don't know. I had I had guys ask me so I don't know. That's even funnier. Well, congratulations. Hopefully your third is born healthy and all's good and, you know, many blessings. So. Thanks. Thanks. All right. Well, Monday night spaces. I'm just going to go to the other places. Anyone else? I don't know. Yeah. I can't even see who's on stage. Because like, oh, who's that PJ? I saw Jacob Price Ohio State University co-host. And I am surprised he let me in because I'm a Michigan grad. Nice Michigan. I know all about Michigan Wolverines. That is good. My wife went undergrad and grad over there. So do my husband. Yeah, my husband. He played hockey at U of M. We met in Ann Arbor so yeah, but we're I don't know. I don't want to explain my personal things, but yeah. So how funny. So are you guys midwestern or are you from? Absolutely not. No. Okay. Absolutely not. Thank you to me. New York. That's why everybody's complaining. Why are you cursing? Because I'm from fucking New York. Are you getting me? You don't know. York gets a bad rap. I used to put it in New York all the time and I actually think that people that are quite friendly. I love New York. I don't know. I actually find that people they're friendly, but it's funny because like yeah, there's like a roughness, you know, but I feel like it's at least faces are rough, but at the same time it's, um, you know, friendly or friendly roughness. I don't know. That's funny. I get the cussing. Where in New York you from, Jimmy? Brooklyn. How about you? Yonkers. Oh no. Well, we claim. We have to claim yonkers. Yonkers is one of the few places that's not in the five boroughs that we claim. Like we don't claim that now and even though it's a part of the boroughs, they say it's the lost borough. It's that now and it's just Jersey, bro. It's Jersey by another name. New Yorkers are so tough, but I moved out to Arizona from Chicago, but I used to go out to New York. And I remember I got a haircut, like a man hat and some guy who was cutting my hair, you know, it's just like up in the arms that I was from Chicago. And he's like, if you don't like your haircut, don't shoot, don't shoot me. And I thought that was so funny because it's like New York's this big city and there's like the roughness, you know, like the tough attitude and he was all freaked out that I was from Chicago. That I was going to get upset about my haircut, but I don't know how things are in New York. Chicago is kind of tough these days. Yeah, I heard you was a gang banger. Yeah, no, not me. No. I tasted your pee that said everything about Chicago's disgusting. No, Chicago's great. It's a great city. It's just pizza. I swear. They marketed this to me. I came. I flew in one day. They said Chicago pizza. You got to try it. Oh, yeah. I said, what the fuck is this soup? Yeah. New York beats Chicago pizza. I agree. I don't like the pie. Yeah, the Chicago pie. It's deep dish isn't it? Monormally? Yeah, I mean, I call it a pie. It's Detroit style pizza is my favorite. That's my favorite. And then New York or both, I don't know, depends on what you're in the mood for. So we had a big topic. So the other day I was on Fred's space and Fred said I needed to be more controversial. I need to take a stand, pick a lane, you know, don't be a fence that are stand up for whatever something. And so I posted that I was finally going to take a stand and that it was that pineapple belongs on someone else's pizza. And I don't know if you've seen Fred's post and everything that's come out of that, but it like created this whole thing. So what do you guys say like pineapple on the pizza or no pineapple on the pizza? I see what pizza on top of pineapple. Pizza on top of pineapple. See, this is the goi slob that we're talking about. Yes. Mixing it up, you know. All right, should we rug the space, we have one vote for pineapple on pizza on pineapple. Are you uncomfortable in silence? Sometimes silence is less. I mean, sometimes you need to meditate. Do you meditate? No, but sometimes you need to do it. I meditate with my cup of coffee every morning in silence. Still to move away, Natalie. I thought we were just having a moment of silence. For the departed, somebody just left. The meditation makes them uncomfortable, even though he's just in the moment of silence, bounce. Are we rugging the space or what? I mean, I guess I will also hang up and it's nice talking to all of the electrical folks and not so highly energized. I guess. So confused and I was trying to be nice because he was suggesting you could start a fire without the load. It's kind of impossible. I was trying to be nice at first, but when you started being a jerk, I just was like starting in a Nordic. That's how it goes in a space. You don't tolerate jerks. That's it. Well, actually, I actually like him. I mean, he just gets in his... he just didn't want to be wrong, I guess. I don't know. I guess once people take a position then they hold on to it and then they don't want to break it. That's what it was. Yeah. Alright, well nice speaking you as well. Absolutely. Thank you. I'll catch you guys later sometime. Thank you. Yeah, so have a great night. I guess I should go out and usually not up to sleep either. Yeah, I think I slept too much lately. Well that sleeps a good thing. Alright. Yeah, but when I sleep too much back to back then it's like days like this where I can't fall asleep. How late do you sleep in because I'm sure you don't nap, do you? It all depends if I have to be at a job to check it or get something otherwise I'm usually up early so it all depends. Powerly. I usually wake up when I wake up around 6.6.30 in the morning. If I'm staying in I'll probably wake up at like 8. I wonder because you know people are on spaces all night long and it's like how many hours of sleep do you get, how early do you wake up, do you nap during the day, between spaces? I definitely can't nap. I wish I can nap. Yeah. Well. I'm sure people want to come up and just do you. I know I'm sure they don't want to do sear us talking back and forth. I think it's just you and I, but yeah, we have no way to add anyone. Sean's waving on there. Is he telling me? Hi Sean. Hi, Tau. Tau is at the gym. Hi Jordan. Hi Savannah. A Savannah is there. That's what I'm saying. Like how can you work out this late? But she got she got she got to come up more. I like her. Yes, I agree. I wish we could bring you up. I keep almost slipping to say her name. I don't know if she cares about but I actually met her in person. She's a cool ass person. Oh really? Yeah. BTC Savannah are you going to the Midwest BTC? She's not going to give a thumbs up. No. You already know you're going to give me. No, no, no, I don't know if she's going to that. No. Is the heart yes or a thumbs up if it's a yes or maybe you don't want to. Oh, okay. It's delayed. That's why it's like 10, 15 seconds late. Yeah. Sean, you're not going? That's a thumbs down. I'm surprised Sean. Or are you going thumbs up or thumbs down, Sean? I thought he's going because he's going. Yeah, he's speaking there actually. Oh, he is? Yeah. He's a speaker for something. I'm pretty sure that's what I heard him say. There you go. Dumps up. Oh, I didn't see that announcement, Sean. This is where it comes to. We got to do silent. We're sure. Well, that's amazing. That's amazing. I don't know what's everything that's been going on in this community. You know, I wonder what the vibe was going to be like out there. There's like that. I think this could have been joy. I got a feeling. I mean, I haven't went to the other Bitcoin conference, but just the way this is going and the way everybody's like, I don't know, just everything about it just seems good so far with this Midwest one. And the host, the guy that's running it, I don't remember his name, but he's interested in mining and he reuse. And I feel like I know people that went to the mining and disrupt recently that whole event and they've been saying they were telling me that it was like dead. It's mostly just vendors and a lot of people being happy with the Bitcoin conference. So I feel like this one even being in the Midwest is kind of like not that far. It's kind of like in the middle for everybody. I think it's going to do good. Yeah, I think so too. I know they're expecting a lot of people. And it's going to be their first event. So I'm sure they'll go all out. And it sounds like they have a lot of great speakers. And did you, what kick it did you get? Did you get the, it's not like resort pass. I figure what they call that the exhibit booth or did you get the $100 one? No, I actually got almost the top one. I got right under the VIP. I was going to get the VIP, but it just was just the only thing additional was the VIP lounge or whatever the pre-party or whatever it was. But when I got it, I got it during, he had like a sale on his page, where it was like 50% off. So I was like, that's where I just got that one. Oh, nice. Yeah. And I only did it because it was the thing it's called business one or something like that. But I mean, I didn't even want to get it because everybody else is pretty much getting the standard one. And I'm like, what's the point of, at least the people that I talk to on X, they're not really getting the higher one. So I'm like, I'm not going to just be in a separate place when everybody else I'm supposed to meet. Or at least spoke with is going to be not there. So I was just like, whatever. I get it and then I could just hop back and forth maybe or at least see what it's about. Yeah. Well, especially if you got 50% off. Why not? You probably got it for the price of a standard or it'd be more. Maybe a little bit more. I don't remember what it was now, but if I could probably check. So whatever it is now, it got a 50% off. Nice. Yeah. So the top of the line was just like a pre-party. Are you getting a day before and leaving a day after? You're going to make a weekend out of it. I'm going to go Tuesday, Wednesday, Thursday. So what is that? That's a day before. And yeah, Thursday. You're staying Thursday. Because I think Thursdays there are parties there. Yeah. So what is that three nights, four days? Yeah. Yeah. Yeah, same. Well, that's sort of planning. Yeah. I just got it decided. I'm going to drive it out. That's the only thing up in there now. Well, you think if you go, do you fly out of La Guardia? Or would you fly out of it? I believe I could fly out of both. But I normally go out of JFK. But I think both. And a ticket to actually really cheap. They're not even expensive. So it's like, driving's more of a hassle. I just hate flying. And it's not only a hate flying, but I also hate driving like so far. So but I think I'd rather drive than fly. But the only thing is. Dice roll. Dice roll. I don't know. But then the problem is if I fly, it's the whole process, too. You got to go there. You got to park your car. You got to go through security. So that turns into a process, too. Maybe a whole plane takes off. It's still probably like six hours. So maybe I see four hours. But then I have the convenience to have my car there. If I drive, so I don't know. I just keep going back and forth. You would drive to the airport? You wouldn't Uber? Or do you get taxi? Yeah, I would probably drive. I guess I'd be driving there. Well, yeah, then you have to add that cost up, too, for parking, you know? It's more for me. It's more of a convenience. I rather, I don't know if I'm going to need my car there. I'm going to want my car, but I guess I could Uber around. You're talking about in Ohio. Because in Ohio, I looked it up. The convention center is not far from the airport. It's like six minutes. I want to see. Yeah, so it's not far. I mean, I don't know. I don't know. I think the one party is offsite, so you would have to, but you probably wouldn't want to drive. You'd want to Uber. If I drink. Yeah. Yeah, if you drink, you wouldn't want to drive. So. Definitely not. Yes, I don't know. I might end up flying. I don't know. I will see. You'll probably just be in convenience having my car there anyway. I'll probably just want to Uber around anywhere. Yeah. I don't want to be looking for parking. And even if I go somewhere, then I don't know if they'll be parking. Yeah, I mean, I think if you drove to the conference, you would just park at the hotel and leave your car there during the trip. Because I think most places are nearby. So it's just you want to drive to the airport and park there and fly out or do you want to drive to the conference and park your car and hang out, you know? Yeah, I'm kind of leaning more towards just flying. We'll see. I went back and forth like three times earlier. Europe trip I took, I freaking slept the whole time on the plane, so it wasn't that bad. Did you, to Europe, did you fly like regular or were you? Yeah, I didn't get to. Let's not that far from you, so you don't need like first class. Yeah, I didn't get first class. I think it was like five or six grand for one way. Oh my goodness. Yeah, it was really expensive. Just the next step up was like three or four grand, I think it was. Wow. Have you ever flown first class? No, I haven't, but I didn't going to have him flown too much either. At least not. At least I went overseas only twice. I flew to Thailand first class. And that's worth it. Because you know, it's like a whole day trip. And I'll tell you, I didn't want to like leave the plane. I was so comfy, cozy. I mean, what I'm like, this is great. It was amazing. It was worth it for that. But for shorter flights, like, I don't know, what's Europe like less than eight hours from you? Like six hours? It was, no, it was like eight hours. It was like eight, nine hours. Okay. Yeah. I think it was eight hours in and nine hours back, something like that. Well, those planes for those flights, I think are better than standard, right? I don't know. It felt a little more tight than standard ones. Really? Yeah. But like I said, I slept most of the time. I purposely stayed up all night, so I could sleep. And then I took a Xanax, help me sleep. Yeah, I've never taken a Xanax. I've heard lots about it, but I've never taken one. Well, honestly, that's, I'm kind of like against pills and stuff. And what I used to do is I used to bring the little, especially if I like travel on a flight early, even if it was like a three hour flight, I would, I just don't like it. I don't feel comfortable. I'm like, a little girl when it comes to flying. I would take the little liquor shots and I would drink in case the bars that open. Yeah. Yeah. The little swallows. I would carry my carry on. Through TSA. Yeah. Do you put them in a clear zip lock baggy? Do you think so? No, they allow them, because the three ounces are less. So they allow you to take as many as you want. But I didn't, I stopped like, I don't like doing it in the work is that I don't feel like being all shit-faced and tired afterwards. But so I figured I'll try to Xanax and I think it's better. You can nervous flying? Is it because of like nerves? Yeah, I think it's, I think it's just because I'm not in control. But what's weird is my, one of my friends has a little suss-mo. And I thought if I was in control and like, I could be in a pilot seat with him, I'll be OK. And I was kind of right for the first half an hour. And then I just started freaking out again. How does actually flying is playing? And I was like freaking out again. I don't know, I guess, I don't know what it is. I think my mind fucks with me just because it's like, there's no, like if you crash or something happened to car, you could survive. But if a plane crash, you're going to die. So I think it's more of being paranoid. Like there's no parachutes, you know? I think it's more of that. I don't know. I feel like the wind's going to fall off. Oh no. Did you see Sean? Sean's been messaging me. He's been feeling left out. He said he wanted to be part of the cool kids' conversation. And he just started a space titled Fred is asleep. And he has like, he wants us to come over to his space. Let's go. I'll go for a little while. I should be sleeping. I know me too, but we'll go because I feel bad for Sean. He's wanting to just chat and we can't bring him up. OK. All right. Whoever's in here should come. His name is. Yeah, whoever's in here, go to Sean's space. I don't know if he posted it. I have purple pill or not. At DHH T, COM is his name. If you look at that, it is. I just know. Yes, T H D H T C O M. You know, I'll repost his space. I'll do that. Oh, you posted it in this. How do I do that? Oh, I know. Oh, I get it. Post it. Just right down in the purple pill. Where you can put it in the next two, whichever one? I just copy. Oh, I get it. I copy the link. And then I'll. If anybody wants to come. Why is it not letting me post? I did it. Come on in. Now to say, come join in. Maybe I have to. OK, come join in. OK. So if anyone wants to come, I just posted it in the purple pill, which is the comment section. And we'll go hang for a little bit. I also put it up in the nest. You did or you want me to? No, I did too. OK. See you there. All right. See you. Bye.