Transcript
made me bullish on coins and realized for 12 years,
they ran a global Forex exchange that managed up to 90,
sometimes between 80 and 90 billion dollars a month in trades, right?
So I always thought these guys, they know how to,
they know how to handle billions of dollars, right?
Safely, but it's scary different times these days.
And I know that they, you know,
one thing that has yet to be hacked knock on wood is a huge custody provider.
Like, is it big go?
Is that the thing big goes the big one?
But you know, we haven't seen that, but it's crazy.
I actually heard on an earlier space line and I was a couple hours earlier than
normal, because I really wanted to wrap my head around this thing, right?
But I saw I heard someone talking about like an AI,
an AI type,
Chrome extension that like real time evaluates every site and everything.
I think that's what it's going to come to, right?
Real time, real time AI against AI.
Remember the old, I know, I know, I know page will appreciate this.
There used to be a mad comic book, right?
And they would do all kinds of like a spoof stuff.
And one of the little things was spy versus spy.
And a little one of their little comic pieces and they would do like,
I don't know, it was just, I don't know what it was.
It was just kind of a, it was just kind of a meme type trolling type book.
I'm getting the same thing you were, Scott, a bunch of people moving around and stuff,
how you're, you're seeing, yeah, yeah, seeing that piece.
This morning it was weird and I thought maybe I missed an update, but I checked it up.
And I was going to restart my phone.
Did you restart your phone or not?
I did restart my phone and then it still was happening for a little bit.
But then it, I haven't had it happen since then.
But yeah, it's a little glitch where we talked, yeah, little glitch.
We're finding out that most people are not getting kicked out of the space.
We'll just keep running then and yeah, keep running.
Yeah.
And then I, for some reason, my little 10 minute update or eight minute update,
didn't save to my phone.
It worked on it.
I, maybe it's because I, it was, you know, I kept talking and it cut me off.
I don't know, it didn't save it on my phone like it normally.
I'm going to see if I can, see if I can archive it and, and launch it because it's an important day to get a little update.
But listen, yeah.
So what?
Six point three billion hacked.
There's, there's pointing a very sophisticated.
And this way they said, oh, some programmer,
or dab or whatever guys laptop.
They're saying, no, it's way more sophisticated than that.
And also the way they covered their tracks, we'll talk about that.
But yeah, biggest hack ever in my, and for surely the biggest crypto history,
but I believe the biggest, just single hack of all time, six point three billion,
luckily about three billion of it was stopped or frozen, I guess,
between Tether and, you know, USDC and RL, USD, mostly Tether, you know,
which is so much for decentralization, right?
We kind of celebrate that.
But I mean, like sophistication, for example, I saw they went,
one of the first things reported was they went right to Aave and put a bunch of USDT in there
and borrowed out, borrowed a bunch of eth, which of course can't be shut down, right?
So about about three billion shut down,
that CZ came out and said, well, you know, let me run through the numbers first.
Then we'll get to that and look, but right now, first off,
I always like to look at oil first.
It's sucking oil is a dollar four, 20 cents up 2.2%.
Gold silver lost a trillion dollars yesterday, almost between 700 trillion dollars in market cap.
But the Nasdaq down 2.41%.
The Dow down 0.58 and the S&P down 1.4.
So like I was saying, all this stuff could happen, but, you know, I mentioned,
I mean, always I talk about earnings, but they really tank this Google lost a half a billion in market cap.
Intel is down 29.17%.
Amazon's down.
That's what's killing the tradfi market.
But over here, you know, we're obviously the big news is the hack Bitcoin currently sitting at
77 to 70 down 4.1%.
Ethereum 22 34 down 4.4%.
B and B, of course, affected the most.
It was a 700 even 707 cents actually down 5.9.
And Salana 95 25 down 5.9 as well.
So I guess, I guess the only solace we can take is it could be a lot worse, right?
I guess we could say that we could certainly say that it could be, it could be a lot worse.
So I guess we can take a little bit of, you know, hard.
Now you ran, I thought you run in a two hour plus space today.
Let's talk about let me ask you about this.
Let's go back to baseball.
We'll come back to the blood in the streets in a minute.
So I think I told you I was at a family party a week ago on Sunday and one of the guys
up married to my wife's cousin.
He's a family member with that young kid who's the, who's the shortstop, I guess.
He's just called up right and it's so now that I talked to a lot of my friends,
a lot of their kids played baseball with him.
Baseball is pretty big out here in Utah and it's gotten really big and they have like,
it's taken on a whole nother level from when I was a kid, you know, to where they're doing the,
they're traveling around and, and doing the getting the pro guys,
coaching them and stuff.
So I actually had a lot of my good friends, their kids played with him, you know,
in high school or on traveling teams or whatever and actually said he wasn't like,
he was really good, but he wasn't, you know, some little kids from the time they're like six,
you're like, they just dominate.
They said he wasn't really like that, but obviously he worked really hard and was really good.
But anyway, I just saw, I saw, I guess I guess people,
shortstop, right?
Praise and God or whatever for help.
But he was just just excited.
Kid and people are coming out and but yeah, pretty cool, right?
To be that young of a kid and get called up, right?
And I guess he hit more hits than any rookie ever has in the world.
Yeah.
I thought it was pretty good.
I, it seems like a nice kid.
Yeah, no, no, the kid's name is Cooper Pratt.
Yeah, he's the shortstop for the Milwaukee Brewers, you know, and yeah, big kid too.
He's six four, like two 10.
Yeah, he's only 22 years of age.
So yeah, and definitely you hit the nail right on the head.
And I mean, you know, good kid and obviously comes from a great family and,
you know, congratulations to him and, you know, the whole Milwaukee, Milwaukee never won a world series.
So this is the first time, you know, they have, they've ever won a world series.
And yeah, he, yeah, he's a good, good kid and you know, he made his major league debut just this year.
So, yeah, yeah, really, really good kid and definitely looking forward to the future.
You don't see what he, see what he does.
But yeah, awesome.
Yeah, he's a big, yeah, he's a, he's a member of the church of, you know, Jesus Christ,
Jesus Christ, Latter-day Saints and his uncle, I guess.
Yeah, his uncle's name is Trent Pratt.
He's the head baseball coach at BYU.
So they, yeah, that makes it.
That's the tie-in.
Yep.
That's the tie-in.
So, well, yeah, now that I'm now after the fact, like I say, my one of my best friends, his kid played with him.
They all, like I say, they're all on these traveling teams.
And I guess what they're saying is when he was younger, like a lot younger, they didn't, you know,
obviously sprouted up huge later in life and he obviously, obviously, awesome good.
They were just saying when they were little kids, they didn't think he was going to be the one to go on.
But yeah, yeah, so a lot of tie-ins to that.
Yeah, and the funny thing is, it looks like some people were trolling him today or whatever.
Well, you know, as a, as a Latter-day Saint, you know, obviously, you know this, you know, he doesn't consume alcohol.
So he became very famous with his, this season, he was drinking orange sodas, like Fanta and that Jarios, that Jarios.
Oh, yeah, yeah.
The Mexican thing.
Yeah, it's like a Mexican thing.
Yeah.
While his, you know, his brother's, you know, baseball brothers are, you know, pop in champagne.
He's drinking the carbonated Mexican.
He'll probably get a nice endorsement deal out of that one, either from Fanta or from the Jarios or whatever.
But yeah, good kid, you know, obviously comes from a great background.
But yeah, his uncle is the head baseball coach, yeah, over there at your BYU.
Yeah, I heard that. I heard that as well.
Yeah, so yeah, it's good.
It's good stuff.
And yeah, I mean, it's just a great, it's a feel good story, man.
It's a feel good story.
I love seeing these young kids, you know, 22 years of age, man.
And burst onto the scene, you know, and, you know, wins a world series.
So it's cool shit.
And yeah, a lot of sports this weekend, college football, NFL football, obviously the world
series is over.
So, you know, the baseball, the hockey and the basketball are starting to take an uptick.
And yeah, so I'm looking forward to hearing from Steph.
I know he's in the room.
You know, he was, came and fresh off of his trip to Amsterdam.
And, you know, he, Steph always jinxes the market, man.
He goes on these trips and then these big black swan events happen.
And what's going on, Steph?
He had too much fun.
That's what it was.
But no, we'll need everything we can.
Steph, maybe you need to go back and hit those, could face hard, just turn right around and
go back because we need something.
Scott's got his sports, but we need something to keep our mind off the mountain.
I don't think my brain can take, take full time of that.
I have to say I've never been as toned in my life as I was last week.
And it was good fun.
Yeah, you know, it's funny.
You walk around Steph and I see a lot of, you see the call it.
So it's an interesting thing, right?
Like when I was there this last time, it was one in the morning.
It had just got done rain.
So it's like there's the weird moon, full moon.
Black clouds have these gothic churches.
You have these girls and windows with red lights.
And then you got like, it's a touristy thing though.
It's not like, it's very touristy, right?
So it's like there's normal people going around and shock and whatever.
You see all these college kids out, like kind of like flat ass.
They no doubt went in there, give me the good stuff and they had no idea.
And I've had a few friends had similar experiences.
Yeah.
Like sitting on the ground.
Yeah.
Plenty of crazy.
Plenty of that.
We saw a guy because the wife and the kid, they discovered the seven story shop primer
and they said, oh, we're going shopping.
I said, no way you're getting me in that.
So across the road, there was like this coffee shop.
And I said there for a couple of hours.
And there was this young English lad.
I think he was early 20s coming.
And there was this massive joint that you could buy for 30 euros.
And it was pure, cully weed.
And even for that.
And about halfway through, he fell off his chair and he sat there even when I left.
He was sitting there.
I said, guys, the only thing you can do is feed them sweets.
Feed them sweets, something sweet.
And it will take a couple of hours to get out of a system.
But yeah, this lad was optimistic when he started that joint, but then lend well for him.
I wondered how many people fall in the river because there's no like, there's no like
guard rails or anything.
I wonder how many people fall in the ground.
Not many because when you that knocked out, you are knocked out.
You just can't move.
Yeah, people I saw were just sitting there like out of it.
You know, they're out of it.
Yeah.
So yeah, that was good fun to do over the weekend.
And especially the circle is round.
I did that when I was 18, you know, two days before I became 18, I went to Amsterdam
and just actually stayed there for several months.
But I wanted to give my daughter the same experience on their 18 birthday.
So I took her to, yeah, where I was when I turned 18.
A lot of people do that.
They go, they'll take their kids to or send their kids to Vegas on their 21st birthday, you know,
because that's the drinking age here.
So I see a lot of that people with their kids or some people just let their kids go wild.
But yeah, that's kind of a thing.
And you're there and you're checking out the, you know, you can get in, you know, you can
drink for the first time.
Not that most kids wait that long, but legally, right?
Yeah.
So it's a similar, sounds like a similar tradition.
Yeah.
She bought her first legal joint, you know, and she was so proud when the people asked for her
ID.
So, yeah, good experience.
And it's going to be something that she remembers for the rest of her life, you know,
I'm 55 and I still know the shit I went through the first time.
I went to Amsterdam and I was 18.
So yeah, I think it's quite similar in the States when you reach 21, and you can finally
get that first legal drink, you know, must be, must be fun.
And yeah, memories created, man.
Now it's a cool place.
It's different, right?
Like there's a place in Bangkok.
I can't remember the name, but it's similar to like that.
It's kind of like a night market slash, uh, pasta, red light district, right?
And that's, but that, that's, uh, I like the one in Amsterdam better.
It's more like up and up, you know, but, um, but anyway, both of them tourist destinations
and interesting, you know, there's not too many places like that in the world.
Uh, but yeah, it's cool.
And then there's, and then I heard someone on, I think it was on, I don't know, maybe it
was on yesterday on Scotch show, someone asked are there bikes there?
Yeah, I'll just tell you there's a billion bikes there.
There must be 30 bikes per person out there every, there's like in front of every, you know,