The Bitcoin Group, the American Original. For over the last 10 seconds, the sharpest Satoshi's, the best Bitcoin's, the hardest cryptocurrency talk. We'd like to welcome our panelists, Dan Eave, the crypto raptor. Welcome, Vix. What a Meister, the Bitcoin Meister. How man like fun? From Baltimore. And I'm Thomas Hunt with the World Crypto Network, moving on to issue one, issue one, how a 2024 quad Fectra could drive the Bitcoin price to new highs. Yes, they're saying next year in 2024, we're looking at possible rate cuts by the Federal Reserve, a presidential election, a Bitcoin have a, and the possible approval of a spot Bitcoin ETF. In 2024, is that the year for Bitcoin? Dan Eave, what excites you about the possible quad Fectra? There's definitely a lot going on, right? There's as well as the ETF started. I did read some news the other day that apparently all four, also six ETFs, spot ETFs could be approved at the same time, which would be crazy, right? Like buses, I don't know where that came from. I can't remember, it was like some Twitter. That's really only the fair way to do it, right? Yeah, right. Well, I can't see Black Rock being lost in the queue, right? So there's obviously gray scale and some of the other spot ETFs you got there a lot earlier, but maybe there's some dodgy handshakes going on. Maybe it's going to be a quint factor, right? Because of the fact that WCN's Bitcoin group show will be on its 400th episode. So all five of those things could see the Bitcoin moon. But there's plenty of all these predictions of how crazy the price is going to be. Obviously, the main thing for us really is the harvining. All these other sort of events are kind of side events. They're side show events. The main show is the harvining and watching that supply shrink further and further. And in such a beautiful mathematical way, right? And it's obviously people that still say that well, technically it could change, you know, someone could propose all through and people were end up getting on the jumping on the bandwagon and the supply will increase more than 21 million, or the, you know, the harvining will schedule will change, but that's just never going to happen, right? People always kind of spurred fud on the supply changing, but I doubt that's going to happen in time soon. Here I, Dan, and we'll have the 10th anniversary of the World Crypto Network on February 1st, 2024. Adam Meister, what do you think about the possible quad-fectra, all the excitement for Bitcoin next year? Well, first of all, the proper name and horse racing is the super-fecta, not the quad-fecta. I know. It's trifecta and super-fecta is when you get all four, the first four, you predict the first, second, third, fourth horse from Baltimore. We're going for our fourth championship starting tomorrow. God willing, bring it to us, Orioles. Now let me say something. Four, four horsemen, like Rick Flair, baby. Woo! And I am pumped already for the frickin' having. Now, you've sent this article about quad-fecta, okay? I mean, it's from some mainstream thing. They were speaking with George Tongue of Crypto R.S. R.S. YouTube channel. What the heck is this? We heard all this talk. It's a four-year cycle, dudes, okay? I've lived through Thomas. Now, how long will it do this stuff for? Of course the having is pumping it. Of course this, that and the other. It's the same thing every time. This year, 2023 was just like 2019. Next year, 2024, just like 2020. Having, the price won't go crazy until like six months afterwards. It's the same thing over and over and over and over again. Why does some mainstream media need to talk to George Tongue? Who the, if you list the George Tongue and you think that he's, what he's talking about is smart or new. No, it's, oh, who the heck is he? You're gonna hear it in 2028 also, dude. I'm excited about the having no horse. I'm excited about everything though. So you're asking the wrong guy about excitement and stuff. But my, my, my, how many times I have to live through this stuff? So I go ahead, take it. Cryptos are us, the YouTube channel. And it's also interesting they had a calendar so they could see that there is a presidential election. Yeah. A good call on that one. Let's move on to the exit question, Dan Eve. The price of Bitcoin will it be higher or lower this time next week? I am. Got a master higher or lower? Take me higher, baby. Let the song set. Here we go. We're going to go and ask the magic eight ball live. Will the price of Bitcoin be higher? Here we go. Shaken the eight ball. And the price is as I see it. Yes. As I see it. Yes. The ball is bullish. We have bullish balls moving on to issue two issue two. Tara's doquan admits to faking trading volume in a leak chat. He says, I won't tell if you won't. We've often wondered if exchanges, especially Tara and others had fake volume. And now here's one of the leaders of the exchanges saying yes, they had fake volume. Adam Meister, what do you think about the fake volume? They're admitted by doquan and Tara. Of course. I mean, yeah, this is something we've been very comfortable with since like 2016 and stuff. I mean, it's just that this dude admits it. You know, this. Why is anyone here with this dude says he's like, he's a liar anyway. He's got a lot of people just won't revenge on this dude. So he says something like that. Oh, maybe they'll send it to the jet once they sing a poor now. So maybe they'll slap his butter or whatever. Is that what they do there? You're just a few times when you commit a crime. Yeah. So it's like this is worthy because people want revenge on this guy because he ripped them off because of his terror, right? Why were you investing a tear in the first place? Bitcoin is the next Bitcoin. I don't revenge against this guy. I don't care what happens to this dude. I don't care what this guy says at all or whatever. But yeah, it is there's fake volume out there. Some criminal is emitting their fake volume. Wow. Criminal is emitting their fake volume out there. Don't trade people. Just hold your Bitcoin. Find more. It is something we'd always suspected, but it is a little different to see them putting it in print and then actually admitting it. Dan Eve, what do you think about the possible admissions, of course, allegedly and through the chat and all that of fake volume? Well, one thing's for sure. And that's that if you're going to do something nefarious, don't text people about it because the amount of people whose downfalls we're seeing, and I'm not encouraging anyone to do to anything nefarious. But if you aren't going to do it, just don't text people because those text messages will come out and they will make you look stupid. So ultimately watch training is bad. We know it's been, as Adam said, we know it's been happening all along. I mean, you can go to many of these exchanges and look at the order books and you can see the daily volume in there that's 20 to 30 times the depth of the order book somehow. And it's very, very obvious. You know, a lot of these shit coins, these tokens that get launched, they jump onto an exchange, they've got a provide liquidity, they pay a market maker, the market maker, it doesn't just make the markets, they fake the markets too. It's pretty obvious. But don't text people about it because you're just going to get yourself into a lot more trouble. Now, what they did, obviously, with their algorithmic stablecoin, they caused a bit quite for all they were doing really good, right? There was second to Ethereum in trading volume as a chain. And then obviously, you know, things came crumbling down just like with FTX. So sticks a soul, stablecoin projects like, instead, and don't fake trading volume. I can see we're now joined by Josh Shagalla from the standard. Josh Shagalla, what do you think about Tara's admission via chat that they allegedly fake volume? Yeah, well, everyone literally everyone does. And so, you know, what do you do? Like, it's just, it's this hidden thing about this industry, no one wants to talk about that you get these coins that move. Like, you can't have a market cap of very small market cap of all of crypto really compared in the big scheme of things. And then have billions and billions per day trading, especially on some of these ridiculous nonsense exchanges that, you know, so yeah, it doesn't surprise me. Well, I don't have it up right now, but my brother found a website where you could hire a market maker to come into your exchange. And like Josh says, to create fake volume, and I assume what is the legit and legal way, because they're like, we make markets for coin base, crack in all the major industry players. And like you're saying, Josh, they acted as if it was nothing that they're creating this fake volume. Then they create this fake appetite where people go out there and they look and they say, wow, you know, a million people are buying Tommy coin. It must be really good, you know, and a million people have sold this today. It must be really bad. And if you're faking the volume, which according to this chat by Doquan, which previously, I mean, everyone always said, oh, yeah, they're faking the volume and they have back room chats and they have sending money around and all these things are happening. But to actually have it in the chat where he says, we even make fees. It attracts investors. It's in their best interest to fake volume. Therefore, they have allegedly been faking volume. We'd also like to get Josh's opinion on the first issue. 2024 looks to be a super factor as Adam, Mister, said or a quad factor. All four things happening with the presidential election, the ETF being approved, the SEC, perhaps lifting rates or the feds lifting weights, rates, and of course, the havining. Josh, you got to what do you think about 2024 and Bitcoin? Well, that's all boom, boom, boom, boom, boom, boom, boom, isn't it? Really? Like it's going to just skyrocket. I'm looking for 2024, yeah, 2024. Still hardcore. We've even had the magic eight ball who is positive and believes the price will go up next week. Exit question, will we hear more about other exchanges faking their volumes? Adam, Mister, is this the first in a long series of articles? Well, it's, I mean, there've been, where about how far runs was someone straight up admitted? Why not? Why not? It's, it's, it happens. Someone else will talk about it. Dan Eve will more people be admitting it, perhaps even directly, not accidentally in a chat message? Yeah, I think the, you know, when these exchanges start to crumble and they get investigated for whatever reason, these, these sorts of things are unearthed that there becomes plea deals and in the plea deals, people release messages of, of, you know, the people in the exchange who have said, you know, we need to do the X, Y and Z that's against, you know, against all morally, what's right. And so yeah, the more exchanges, the crumble, the more we'll find out about this. But even some exchanges don't even know it's happening or at least we just turn a blind eye, right? They just say, look, we're going to have to deal issue if you're what your volumes, not very good. And then that forces the shit coin shit token to create their volume out of thin air. So they kind of know it's happening, but they're not kind of instigating it themselves. But they appreciate it because it looks good for their, for their volumes, right? Josh Shagala continuing our baseball theme. I feel like you're the one baseball team that didn't take steroids while the rest of the league was on them. What do you think about this faking volume issue for the other exchanges? Yeah, I mean, this is again, why are dexas are so important compared to centralized exchanges. I think dexas are fantastic. They're a lot more transparent. You could still do over there. But yeah, like at the end of the day, it doesn't matter. People shouldn't be sucked in by nonsense. They should be sucked in by fundamentals. If you see a real problem being solved in the crypto space, then you buy it. Doesn't matter what's volume is or whatever. Well, when you're when you're investing or you're taking part in a project, don't, don't follow the crowds. That's how you get that's how you get bled out. Follow the fundamentals. Okay, there's a problem in the industry. Ah, look, someone's someone's trying to solve that problem. What's their team like? Have they, you know, there's a whole bunch of red flags and green flags. Follow that. Don't follow the volume. It's nonsense. It is amazing how people will just follow numbers like baseball statistics and just, I'm going to invest in that team. They look like winners on paper. And now we find out that all the winning was faked behind the scenes. Go ball, go ball tomorrow, I guess. Check out world crypto network.com. We've got 3,161 videos. We've even got these brand new short videos, which are created by AI. It's really neat. AI creates all the content and the title. And we just let it rip. And maybe we find some new subscribers this way. That's our hopes. Check out. I've got to say the shorts of the whole shorts and YouTube have been destroyed. Because of AI, not these ones. These ones are fantastic. But man, some of the crap that gets fed up and you're saying, what even is this? Why is this even on here? I think I might get better eventually, but wow, it's amazing to see what it picks. I know we've had several great dance stories about dogs having fleas and a last week's story about the sad pigeon was a little story. I think the computer really picks out these stories well. Yeah, I know. I was just about to say like, Carrie, like, came out to me the other day. She was like, what earth possessed you to put a video out about the dog fleas? And I was like, we didn't do the computer. That's right. The AI found it interesting. So cut it out and suddenly we're experts on dog fleas or Elon Musk and Twitter or other political topics that we didn't necessarily want to get into. But again, you just run the AI and more and more things these days. You run the AI and see what it makes for you. See what comes out with a little bit of editing. You can usually use most everything or you can do it. I didn't just put it up anyway. It's an experiment. Issue three, Sam Bankman freed is back again. Sam Bankman freed allegedly explored paying Donald Trump not to run for president with the price being around five billion dollars. He also told his girlfriend, Carolyn Ellison, that he might not have a soul, which is probably a good reason not to date him. It also, of course, the article he enjoyed, you know, making love to her. Let's say it the nice way. We've also had a big book release going infinite by Michael Lewis, the author of Money Ball, the famous baseball book as well as the big short and other books like that. And unfortunately, it looks like it's a worshipful portrait of Sam Bankman freed. They didn't bother to change the book after he was brought up on fraud. And we've had the first couple of days of his trial with people that were critical of him, exposing him and his former friend and campmate Gary Fong going on the witness stand today and tomorrow as well as the reengagement of coffee, Zilla, famous YouTube detective on the Sam Bankman freed case. Let's go to Josh Tagalog first. What do you think about the latest developments in SPF from the trial to the book to the political interference? Yeah, it's definitely movie stuff, isn't it? It's wild. And it's popcorn driving wild good stuff. I mean, this is the beautiful thing about crypto. It's since the start, since the beginning, it's been every week something fascinating. Like it's an endless box of popcorn, basically. And, you know, every time there's either an exchange going past a drug kingpin going down, money locked into a DAW that then gets hacked, that then has two weeks for the chain to figure out how to do it. Otherwise, the hacker will get away from them. Like it's just, it's wild. It's a wild, wild industry. And it sucks when your funds are in play for that, whatever's happening. But generally speaking, it's never a dull moment. And, and yeah, I'll be very, very fascinated to see what comes out in this, in this FB, FTX nonsense. It has been an amazing cast of characters in crypto so far. Who knew that we could get even more exciting with San Bank, but freed with the curly hair, the cargo shirts, shorts, the effective altruism and the fact that he's going to give all the money away. So you should really just give him all your money because he's going to give it away. And now to see Michael Lewis turn. I understand being lazy and he certainly was in a beautiful position having all these interviews with Sam, but not to recast the book. And I really do think he had to have should have gone, chapter by chapter through here and said, added in a little narrator, almost like a great Gatsby-esque narrator, who says, I thought at the time that Sam was smart. I thought at the time that Sam was clever. I was fooled by this. I was fooled by that instead of putting that in. And I've only read the beginning of the book so far, but I've read a couple of reviews and watched the coffee zilla video on the book. It seems like he doesn't. It seems like he gets to the end where there's fraud. And he's kind of like, this screws up my whole story, but he goes with it anyway. And now I've seen clips of him on 60 minutes defending Sam and saying things like, his business still would have been making money if it didn't have that bank run. When anyone that knows the basics of how they ran this business, they were intermingling allegedly. They were intermingling customer funds. So they didn't know if it was a deposit or if it was investor money. If it should be spent on a Tom Brady commercial or it should be put in a vault. And that's not a way to run a business. Doesn't matter if you're Michael Lewis, you know, who writes about sports or Kevin Lleary or whoever you are, you have to know that's like wrong business 101. Dan, what do you think about the sandbag when freed story? Does keep getting better and better in all directions? Oh, it's like, yeah, it's definitely a huge drama, right? They're going to adapt it for Netflix. Maybe what would be amazing if there was this intersectionality of FTX and the downfall of BitBoy and somehow they were interlinked in some crazy ass way to really sort of make the show have fireworks. But yeah, I mean, the more that comes out, he's definitely an interesting character. He's the more you read about it and the more shady he becomes. There was something about quite down to earth about the fact that his cons list was longer than his pros list, right? That self-criticality, you know, that he obviously has. He's obviously quite an arrogant guy the way he's played off even in the big shorts. I can't believe the author is book the way he sort of some of the experts have read excerpts have read around him. He kind of plays him off as being quite an arrogant guy, but he also seems in some way slightly down to earth. But maybe that's because he had to seem that way, especially as he was involved in this effective altruism. He can't seem, you know, he can't show how kind of arrogant and up to actually really is. So he puts on this facade of being kind of really down to earth, you know, driving his, you know, Nissan, Sunni or whatever instead of a Lamborghini. And all these kind of small things that he tried to make it look like he was this really nice guy who's trying to save the world with his infinite money requirement. And then you get the bottom of it and he's paying off politicians left-right in Senza. He's trying to buy Trump out of his presidency. He's trying to, you know, he's coming, going to fund. He's got this crazy relationship in this polycure, although we don't hear much about the other, the other, the poly part, right? We only hear about the Caroline Ellison and Sam Montgomery Fried. We don't hear about the other people in this polycure. So maybe they're going to cover that in Netflix the after hours, the after hours to show. But I'll definitely watch it. It seems crazy and it only just gets crazier as well. It's amazing how all of his altruistic things, having not having a good car, addressing in cargo shorts, all these things are the same thing that a scammer would do. A scammer would be like, I'm not interested in money. I don't have fancy clothes. I don't have a fancy car. And then in the end, you know, he's taking all the money out. He's buying million dollar and five million dollar properties for his parents. All kinds of other stuff. They're just wasting money in general as well. Adam Meister, what do you think about the SBF drama? As we're now into the book and trial phase, still on the deck there for Netflix and a movie of the week. I have a lot to say. It's it's complete nonsense. One of you said it was nonsense. It's nonsense. The more we talk about it, the more likely that he is going to be the mascot for Elizabeth Warren's campaign against, well, to regulate this stuff. So the more we talk focus on this insanity, she's just going to say, SBF, SBF, SBF regulate, should make this illegal, SBF is Bitcoin. SBF, it's so obvious. So they want the people who want to ruin Bitcoin ruin, cryptocurrency, whatever you want to say. They love it. They love it. So they're going to keep talking about it. It's salacious. It's insane. I do remember in Miami, I think it was 2021 or 2022, Thomas was there. He was walking around the SBF. If any of you care, be as down there. I think he's just a regular guy walking where you couldn't tell him a special at all. But who really cares about that? The thing is, the $5 billion that obviously store in $5 billion, he really wanted to give Trump that money. He, this man, has the ultimate TDS. I've never heard of someone who had TDS like this before, that he feels like he really was, he would have done it. He would have done, I mean, what a controversy. This would have been, and who knows if Trump would have took it. I don't have any idea. I don't really care. But I mean, this is the ultimate case of TDS. I've never heard of someone just wanting to get rid of Trump. You have certain better things to spend your money on. Who cares if the guy runs for president or not? You're going to give away most of the, if you're stolen money to this, this guy, I mean, whoa, what is this? So I believe that he really, I mean, this is the ultimate case of TDS. He wanted to feed in. I think that would have been the ultimate like, altruistic thing in his community. You gave your whole fortune to save undefined democracy. Whatever you say democracy is, you just gave it up to save it. And now we love you even more than before. You are the ultimate TDS long live. And you know, talking about his orgies and everything that he was having. I mean, then these hideous looking people were having orgies with each other and stuff. I mean, I got, and that's what people are interested in it. And you know what? I'm not going to insult the girl or anything like, at least she's a real woman. Because in today's day and age, you don't know what, I mean, you think he was, I can't say. And I'm not going to, I won't do stand YouTube and everything. But thank God she's a real woman at least. That's the best I can say about her looks. And she's smart too. Obviously she's probably a high IQ individual. He's high IQ too. Look what it gets you. This is sending. So let's stop on that because it's just going to, it's going to try to regulate. Because the congressman and stuff, they don't know anything about cryptocurrency. They just, oh, yeah. And by the way, out of the four of us, do you know anyone who actually was ripped off by this exchange? I know no one. I've been in this thing for 10 years, dudes. He ripped off people like Tom Brady, all these famous people. That's why it's such a big darn story. I don't know common regular people that were ripped off by this dude. I don't, this whole thing stinks. It all stinks. It's too bad. It's going to be used as a club to try to regulate Bitcoin in the future in the United States or America by someone penniness like what's your face in Massachusetts? That's an interesting, that's an interesting take actually. Yeah, if anyone's in the chat, if you lost money in FTX, give us a message and say what happened. But it can't call our audience. Our audience is going to be too smart for that. Maybe they have friends or cousins or people that against their, against their own advice invested in that because yeah, like Adam's saying, he might have been in Miami, but I'm not sure who he was until this thing blew up. I know the commercials, I know they bought Blockfolio app. That was a big deal to crypto people. That annoyed me because I liked Blockfolio. It was, it's disappointing, but it was really sharp the way they changed their app to it. It's similar to what Elon's done with x.com. He's taken a user base and changed it into the other user base and said, hey, do you want to log into my new product? It's just like getting a big customer list. It's just smart salesmanship. Yeah, yeah. But I mean, Sam, like the, the orgies start. I don't want anything. I don't want anything, but I want as many women as I can. All right. They're starts the greed. So like, okay, maybe I don't know. We only know that he wants this one woman that looks like Harry Potter. That's always seemed to know so far. But I assume there's other places to go in the Bahamas. There's other places to spend this money. I'm impressed by their dedication to deliveries. There's a story now that they had an airplane, like a jet delivering their Amazon packages at great cost. They had massive accounts with like the local restaurants delivering them food. There seems no attempt to save money at any level of this company. It's crazy to say that hiring a chef might have saved the money, but hiring a chef probably would have saved the money. I mean, there's different ways to run this company. And at the very basic levels of like, should we rent a car service or should we get a limo every time? And it's like, they're like, yeah, limo every time. I mean, this is the just an incredible way that they spent this money. I reckon Adam's right, man. This is just a mega highlight, just a highlight on all the nonsense and crap. And of course, that stuff can happen. But yeah, how many people did it actually? I'm really interested in that statistic now. I want to say. I mean, unfortunately, it's probably hurt weaker people in other countries that we don't know that certainly don't watch the world crypto network. But yeah, there must, there's damages somewhere. I would push back a little bit on Adam there. I think if you could have paid Trump off before the 2016 election, you could have gotten a really good deal for your $5 billion. I could have prevented a lot of damage. And so far, at least from what I've seen on the channel, there's a lot of damages. It's different show. But the trial has mainly been focusing on traditional fraud, the fact that they were mixing accounts, the facts that they were using other people's money, not the crypto fraud. But I agree with Adam that could very be well used as a club by people who don't like crypto, who just label it all with the same cloth. Even though we know he's a traditional fraud or he's a traditional scammer, he didn't use any magic crypto tricks to scam these people. They could very well be used by people who don't like crypto. So interesting thing. We're going to keep an eye on it. I have you guys predict who's going to be guilty. But we'll do that next time. We'll just let Sam have some fun for now. We do have a sweet cycle in how many years he gets. Because he's going to go down where he has to get some years what he's going to get few in there. All right. I mean, obviously he's not going to get life. He's not going to get double life like Ross O'Brick. I was thinking about the other day just how unfair it is that Ross was completely canned and put away. It's been about 10 years now since the Silk Road was shut down in the Dreadpriot Roberts put away. Whereas everyone's coming out to protect the Sam guy. To see Michael Lewis, the famous author, give up on his objectivity or reality or whatever it is to protect Sam is just shocking and not to see anything like that for Ross. Even among the libertarians or the high-minded libertarians, no one wrote a book where they're like, hey, let's all defend Ross and defend the politics of the Silk Road and so forth. They just ran for cover. But what do you think? Let's go to Adam Meister. I know you got stuff to say. Will Sam be in prison long and anything else you want to say? Go ahead. I don't know what his sentence is going to be. And most of us spend about three years and they'll find some excuses to get him out of there or something like that. And again, he ripped off people. I think he just ripped off people like Tom Brady, people who had, and he stole a lot of money. But I think he stole the bulk of it was from very wealthy, ignorant people that just got involved with this thing. I... And that's... And maybe, you know, that he's... And it just showed you how he was involved with rich people. And maybe on the other side of the things, that's why he gets defended by some of these rich people. Why is he only going to spend like three years in jail or whatever? It was a very high-level thing, ripping off rich people, pleasing rich people. It's... Again, I mean, none of us can name a person that was ripped off by this. I do not know... Did he... Any regular person who lost, you know, 10, 10,000 dollars in that money? Now, God, I still know people, of course. And Bitcoin was so much smaller than that then. I mean, these guys had the arena named after them in Miami. So, you really... And they had advertised during the Super Bowl. Did any real person who watched the Super Bowl or drove by the Miami arena give this man money and then lose it? I don't... I don't hear a groundswell of people saying, I'm giving my money back, like with now God's and stuff. It's very, very interesting. It's almost like my favorite movie, The Paper, where these guys, they're trading stock money and they lose a bunch of it. And it turned out it was The Marb Money. And they're like, oh, unwise guys, dumb fellers. It's got a Josh Shagalla. What do you think about the SPF and all the drama that's been going on? Yeah, it's... I don't really have much more to add to SPF, but I do like... You know, I know that he took the so-called Smart Money, which turned out to be The Dumb Money. And these people never want to admit that they'd have done money. But some of these big VCs, some of these big huge VCs are really culpable here. Because they're the ones that went, oh, you know, three-hour capitals in. I mean, or whatever, what was the big capitalist that was... I think Sequoia is one of the big ones. Yes, Sequoia. Yeah. Oh, Sequoia is in. I'm not going to even do my due diligence. And Sequoia probably didn't do their due diligence because they watched Sam play his video game and pitch and think he's such an arrogant prick. And he probably had some VC money and some connections because of the Harvard and the parents and stuff. So this thing of the Smart Money, and I've seen Smart Money in this space. I'm going to keep quotation Smart Money. The VCs and the so-called Smart Money is just as dumb as the retailer. When the sky rocket's going off, when we're at the moon, they're just piling in that, yeah, they just can't stop. They're not looking. They're just throwing stuff at anything. And in the bear market, oh, no, I'm crypto is dead. And they'll pick you to bits. They'll destroy you in a pitch. It's just the dumb money. It's that absolute dumb money. Adam. I want to say, yeah, it is dumb money. They couldn't investigate the super fact. They were all on Adderall and that their accounting was like an Excel spreadsheet. That is due diligence. Any of us could have done. They did the all pile on because one other VC pile on. And the question Thomas forgot to ask you was how many years in prison do you think he's going to get? That's what Thomas wrote. Oh, yeah, yeah, yeah. Well, yeah. I mean, I've read somewhere it was life, but I, yeah, I don't think it's going to happen. I don't think it's going to happen. I think they'll pull him back. My stars put down three. So you're going to go over or under three. You got to stick with that. I'll go a little bit over three. I think maybe like like 10, but then good behavior will pull it back and you know, something like that. But yeah, it's not quite Robin Hood that he did. Absolutely not. But it was like still from the rich to give to the rich and make myself look poor. Doing it. I don't know. It's the weird scammer. It's similar to Robin Hood. It does have some elements of the original plot. Dan Eave, my stars got three. Josh says 10. How many years will Sam get? So if Elizabeth Holmes of Theranos got 11 years, which I think is now being reduced by two to nine, I can see he's got to get at least double that right because the although that was, that was a highly heavily publicized. This is insanely publicized. The amount this is this being dragged out by this sort of this whole story. He touched a lot of places. You know, in the but the harming government. Was it the harming government who kind of in quite close ties with him and he was trying to pay off the the democrats and the republicans and he was. He got superstars involved. You got you know, Larry and Larry David and Tom Brady. And I think that you know, although we don't I don't know anyone who got stung by FTX but it was very much out there in the public high right. So maybe it will be kind of good for him. The amount of people that he paid off getting his sentence reduced. But there's also got a lot, there's got to be a lot of people that lost a lot of money that are also in high places that are like make sure this guy goes down. So yeah, I think it would it would only be fair that in, you know, in much more widespread case like this that he would get more years than than Theronaut's Elizabeth Holmes. But also like the rich 18. I'm over 18. Sorry, sorry Josh. No, no, no, I sorry for interrupting the 18. Yeah, that's that could be right. The the thing is that people like Mr. Not So Wonderful went straight to Washington afterwards to like go towards the regulators and start to pitch towards regulation and more regulation. So and the thing is that that's nonsense is that FTX was already regulated to hell. It's just that scammers don't care about regulation. They're just going to go around it and try to pay people off. Yeah, I don't know anyone. They don't care about the law. They're just going to yeah, they'll make their shortcuts on even did jurisdictional arbitrage by moving to the Bahamas, which were crypto friendly, but just seemed like a red flag if you were any kind of traditional investor. I agree. I think it's so sad in our society. We give so much jail time for violent crime and so little jail time for financial crime. In my mind, I take whatever the whatever the estimate should be and I multiply it times 8 billion. And I say $8 billion is missing. You know, this is the biggest like whoopsy ever. This isn't like, you know, you knocked over a statue in a museum or something's happened. This is $8 billion missing. That said, I mean, we'd be hopeful to get 25. I think unfortunately the guys around 10 to 15 with time off for good behaviors, probably more or app for that. Yeah, if you think about the people that go down for years for doing like five or six like shop robberies, right? But this is the equivalent of doing like 10,000 shops, like robbing 10,000 shops, and being called forever. I don't think he didn't hurt the shopkeeper. So everything's fine. Yeah, but Adam's right here. And the previous questions right. Fake volume. Fake volume. And fake paper money. His FTT token or whatever it was called wasn't worth 8 billion. Yeah, it was on paper. And a lot of this was this valued off disappearing. Wow, how could he be so really? Because he was paying everyone off in FTT. And they wouldn't sell it straight away. So they still had the value. Yeah, I don't think that the volumes weren't that massive. It cannot be. It cannot be. 8 billion. It can't just say he kind of pulled 8 billion from somewhere. Well, just remember Larry David told you not to invest. So at least we'll always have that. Let's move on to issue four. Issue four. Shark Tank star. Kevin Leary laughs off the idea that institutional investors want Bitcoin. They don't own any of it. Kevin O'Leary, who famously promoted the FTX exchange, even defending them after we knew that Sam was guilty and getting paid. Millions and millions of dollars to do it is back again. This time he says that the ETS will go down because you can't find a good exchange partner that Coinbase is no good, that Binance is no good. Oh, Larry, you can almost hear him pining for FTX and wishing for the old days when his buddy Sam could have taken care of this project and made money for him. Dan, Eve, what do you think about Kevin O'Leary's announcement that institutional investors don't want Bitcoin, which would be a surprise to everyone who's doing the buying for all the ETS right now? I think he's trying to go out on the limb against the tide to prove himself that he's a genius after the FTX to debacle. He's coming up with these crazy theories as he can and hopefully one of them gets pulled off. We can say, see, I told you so. I wasn't an idiot who backed FTX. But it seems like you're back in the wrong horse there. We've now got these trillions. The last count was something like $15.6 trillion of assets under management, the funds that are pushing a Bitcoin support ETF. So that's really swimming against the tide now going up against BlackRock and saying that these ETFs are going to fail because a BlackRock, they've got a huge swath of money behind them. This is just another desperate attempt to stay relevant and try and keep his name in there, maybe get another like Shark Tank type show or something. Now keep in mind, I've been to a crypto conference that was attended by Kevin O'Leary and the waves of the sea did part when he marched down the aisle and everyone was following him trying to get their question answered, which altcoin should I buy? When should I buy Bitcoin? What's the price? Meanwhile, I'm sitting over here having told people since 2013, buy Bitcoin and I was totally ignored. Adam Meister, what do you think about Kevin O'Leary? He's a big star on Shark Tank. He's going to tell us everything we need to know about crypto now. Yeah, I was at that conference also in Miami. He's an engagement queen. I mean, he just says things so people, he knows who you know, anger the crypto Twitter and you know, get all these follows, get all this attention. He's good at marketing. He does not practice when he preaches at all. I'll say Bitcoin's bad. He buys up Bitcoin on the side. He's probably, he's probably saying this strategically, trying to scare people off while he buys. I mean, it's who knows, but he's playing 40 chess. I mean, I don't want to give him too much credit here, but he is. He doesn't, he wants engagement. He knows he's saying this for other reasons. He knows darn well that institutions are going to buy it and that they only can buy it if it's, you know, deemed kosher this way by the government. And you know, it began. It's attention seeking and I feel bad for the people who are going to be scared off from buying the underlying ass, don't wait around for this to happen. Don't become comfortable when this happens. Get the underlying asset now. Don't you don't need the ETF version of it and you don't need to be confident there is going to be an ETF version of it. There is Thomas and I, we've been talking about, I mean, we've been on shows about this since 2016. They were talking about the ETF. And yeah, 2023 hasn't happened yet. Guess what? It's going to, it's going to happen. You wait long enough. It's going to happen. Last time the Orioles won the World Series is 1983. It's been 40 years. All right. We've grown up, knowing it's going to happen eventually. It's long term thinking it's going to happen. I'm tying everything together. My slogans, my team, the subject matter. No, turn thinking pound that like one. Great stuff from Adam. I had something to say, but I completely forgot because it all came back to the Orioles in the end. Josh, you go, what do you think about Mr. Wonderful? He's not so wonderful, but he thinks he is. No, totally. He's taken a leaf out of Peter Shifty's book. That's what it is. Peter Shifty's book, you know his kids are buying Bitcoin while he's saying, no, no, no, no. It's just a game. It's a marketing play. They try. They're so arrogant some of these people. They try to move the market by being negative and then buy up more. It's just yeah. Well, it does go back to what we've been saying about CNBC this whole time. When Bitcoin is red hot, they put the little ticker in the corner. They report on it every 15 minutes and they do all those articles about if you had bought it this time, it would be worth this now. But when Bitcoin's a little colder like maybe now or the NFT market ice cold and anybody says, hey, you know, maybe these things that are down really low, you buy them low, they go back up to where they were, you sell for a profit, you look really smart. Nobody says that. Nobody says that right now about Bitcoin or about NFTs or about any of these things that there could be a possible comeback yet that's where risk comes in. If you want to be a risky investor, you buy risky things when they're down, when everyone hates them and then when they're up and they're on the moon and everyone loves them, that's when you sell at least some of it. I thought that was the the game we're playing, right? By low sell high. Yeah, no, nobody else. Not allowed to buy high. So low. Yeah, that's what I tried that one. That one doesn't work. I want to do the other one. I want to think of what someone smarter than me would do and then I'll do that. But I think we're running out of time here. Let's go to predictions or story of the week. Dan Eave, are you ready with a prediction or a story of the week? Well, I've got a continuation of the story, unfortunately, which was that what else do we, you know, this was about my adopted son Barry the pigeon who I was saved off of the middle of the road and came home to pick up my son from school and we walked into the garden as Barry's eyes were being packed out by a mad cart magpie. And I was like, God damn you, pie and my son was like crying like, go, Barry, Barry, it's like it was really emotional for everyone. And but I was like, no, Barry's completely fine. And then he went and stated my parents, my son did say the, the, you know, for the night. And then the next morning, I was like, he came back and he was like, where's Barry? Where's Barry dead? Is he died? And I was like, no son, he flew away. His mom came with him and flew away. And you know, and that was totally fine. And as far as Hudson knew, Barry the pigeon flew away with his mom. She came back for him and he flew away. And then he sat watching, looking at my iPad and he's watching YouTube. And he picks literally the YouTube short of the thing. And I suddenly, I've said they're like, oh, that's really huge. Hudson's watching me on YouTube. And then all of a sudden I heard Barry's dead and Hudson said, no, damn you, magpie. Oh, my God. I'm so, no, Hudson, he didn't, I was joking. It was a joke. It was just for the show. I was just joking. And so I was like, how you know, so I managed to convince him again that Barry flew off with his mom. He's not dead and his eyes are totally fine. And they weren't pecked out. And I'm trying to stop him from hating on magpies now because we saw a few on the drive, on the drive today. And he was like, that's that he magpie. Blackpies are bad. And I was like, yeah, no, no, no, magpies are all bad. Don't hate on magpies. It's absolutely fine. So yeah, it was, it was very sad. But I managed to convince him out of Barry being dead again. That just shows the tragically great power of the YouTube short tap that it was that, that in your face that that like just click on it, click on it, it's somehow through all the things on the internet. He would somehow find that. Incredible. All right. Adam, myster prediction or a story of the week. Go ahead. Both. All right. One day closer to an all time high. And Bitcoin always returns to its all time high. Those are my predictions. All right. And and some of my most famous slogans are long term thinking and conviction. And so it's long term thinking here, people. It always returns to its all time high. So do not worry. But and also train yourself in conviction and long term thinking that yeah, it's going to happen. Just stick with the program and it will happen. And just like with the Orioles, I have known since I was a little boy that they, well, first of all, since 2016, they haven't been in the playoffs. I have waited patiently long term. I knew they would return. I had the conviction and the belief that they would. And tomorrow they return to the place. And so everyone can see, I am very excited about the Orioles returning to the playoffs tomorrow. Finally, and it has a legitimate chance of winning World Series for the first time in 40 years. God willing. And so you think Adams got to why Adam is going to be watching that game tomorrow. Well, I'm in Salt Lake City right now. And the game starts at 11 o'clock in the afternoon. Tomorrow is also a Jewish holiday called Shamini at Serhat. And it is one of the four times a year they do the memorial service for your parents. And my dad was the one who got me the baseball. And there's no way I would miss that service. And the Orioles, I will miss most of the game tomorrow. But I'm, guess what? Long term thinking, I wait this long, I will wait longer because I have conviction to my father, to my beliefs, and I will stick with them. So go Orioles, Shabbat Shalom, pound that like one people, and have a great Simhastura on Sunday, too. Well done, Adam. Nice. It's a beautiful story, Adam. I think we're all rooting for the Orioles now. It's been a long time. It's great to see teams that haven't made it in a long time. Like I saw the twins won a series the other day. So go twins as well. They haven't been in a long time. But Josh, a gola prediction or a story of the week, everybody seemed to bring little stories today. I have to watch out there. I know. I know. I know. I don't know. No, my story is that we had a, we had a koala on, in our tree, we found a koala and he's hanging out here, he or she, I'm not sure. But yeah, that was really amazing because it was a very hot day and and he tried to find us some water in the pool, but they put a pool fence up. So before we bought the place, I think he wasn't used to the pool fence so he could have a drink every so often. And I've put a little bird ball out for him now so he can go and have a drink from that. That's my story. See, a little bit of a story. Very cool, Josh. A koala. Very exotic. I think most people aren't in Australia, so we don't have koala bears. So they are huge. I scary looking claws. They're like Freddie Krueger. But they're so cute. So the videos of the wildfires and there's these really poor koalas that they burn there. They're poor and people were saving them because they couldn't find back up trees. Are they really mean? And they can really rip your partner. They rip your part. I've seen some back in the day, you'd go to the zoo or something that would be some little Asian girl wanting to hold the koala because they always have these holding. They don't do it anymore. And then it was just like, wow. Nuts and this girl's getting just dragged. Oh my god. No, yeah, they look cute. It's kind of like sand, backman freed. Look cute. Absolutely. Chlorian nightmare. I think that's a great note to end on. Sandpages 3 is like a koala. Go ahead Dan. One more. So Chris, I cleanse saying, is there any is there any video of the of Barry the pigeon? There's no videos, but just very quickly. There's this is Barry the pigeon. And then this is him in his little box there. I'm in the lounge. And then hold it hold it a little closer, Dan. We can't close. Then my dogs were circling. There's them looking at the box waiting for Barry to like jump out so they could say hello or eat him or something. There's him chilling on the on the. Look at that little pigeon just chilling on the porch. You're just having a way of a time. Then he found a nice little place at the back of the garden somewhere. You can't you can't see where you go. There is right right somewhere there. There he is. So that's Barry. In memory of Barry the pigeon. Make your rest in peace. Blind, blind, Barry. Blind, Barry. Uh, Baltimore. Go the Baltimore. And Sam Bankman freed is a koala bear. Until next time. Bye, bye. Bye.