Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / ⭐ Exciting DEVELOPMENTS in OUR $UFD Project
Transcript
- 0:15Good morning, Dusters. Welcome to the live stream.
- 0:17Hold on, let's get that moved over.
- 0:19There we go. That's my UFD water bottle.
- 0:22Welcome to the corral. Welcome to the basement.
- 0:24Hope everybody had a great Easter.
- 0:26If you celebrate Easter, those of you who didn't, I hope you
- 0:29had a great weekend. We've got some exciting news
- 0:32developing for our project Unicorn Fart dust on top of the
- 0:36fact that we got the coolest merch shop around on on top of
- 0:40the fact that we have our own coffee brand.
- 0:43Yes, there's even more. We're going to get to that a
- 0:46little bit later, but first we're going to talk about big,
- 0:48exciting news in the world of crypto in general and some
- 0:52really scary bad news about the world of crypto in general, but
- 0:57why in the long run, it will be great news for our Unicorn fart
- 1:02dust project. Look, Charles Schwab, right?
- 1:04The huge financial services company is making massive moves
- 1:09into crypto. We got 2 short clips we're going
- 1:12to look at, and then we're going to talk about why this is so
- 1:15important and why it's a big deal for our project.
- 1:19Crypto Rs put out this little one minute clip from from Schwab
- 1:24saying only 5% own crypto but access is about to open.
- 1:29Charles Schwab CEO Rick Wurster jet says just 5% of Schwab's
- 1:3438,000,038 million accounts hold on one second have crypto
- 1:40exposure and many are holding it outside Schwab today.
- 1:45That's the set up in Schwab plans to launch crypto trading
- 1:49in the next few months. Listen to this from our friend
- 1:53Rick over at Schwab. This is good.
- 1:55Let's talk more broadly long term on digital assets.
- 1:59You mentioned at the top, younger investors are are more
- 2:01predisposed to own things like crypto do.
- 2:03Do you have a figure? What portion of the 38 million
- 2:06client accounts you have do have exposure already to crypto?
- 2:09About 5% of our clients have exposure to crypto at Schwab and
- 2:13we also know there's a lot of Schwab clients that hold spot
- 2:16crypto and they they hold it at you know Coinbase or Robin Hood
- 2:19because we actually today don't have spot crypto.
- 2:22We'll have it in the next several months, but we have not
- 2:24had it. And so our clients have
- 2:25participated in crypto and one of several ways, they bought one
- 2:29of the ETF crypto ETFs, they've bought Bitcoin futures, they
- 2:34bought closed end funds where they purchased an equity that
- 2:37closely tracks Bitcoin. And when we look at that, it's,
- 2:39it's about 5% of our clients that, that hold such an asset.
- 2:42And it's higher among our young clients and lower among our, our
- 2:45older clients. We are excited to launch spot
- 2:47crypto here in the next few months.
- 2:49And I think that will be engaging in some of our clients.
- 2:51We have a lot of clients that come to us and say, hey, hold my
- 2:53spot crypto, you know, at this other firm, I've got the rest of
- 2:55my assets at Schwab. I'd sure love to have them all
- 2:57together. And I've been looking forward to
- 2:59the day when we can say we'll bring it on over and keep it all
- 3:01in one place. Let's talk more broadly.
- 3:03Hold on. Here, Yeah, I'm looking forward
- 3:06to that day as well because it's going to bring a wave of new
- 3:09people into crypto. I'm going to go on a soapbox
- 3:12here in a little bit. However, let's watch another
- 3:15because there's even more breaking news from Schwab.
- 3:19Charles Schwab, 38 million accounts, $11 trillion of assets
- 3:26under management and they said something very interesting to
- 3:29CNBC this morning. They want to be the largest bit
- 3:33world's largest Bitcoin and crypto exchange.
- 3:37Let's give this a quick listen and sign.
- 3:40The Genius Bill today into law. Well, we've, we've, our clients
- 3:44are invested in crypto today. In fact, our clients hold more
- 3:47than 20% of the exchange traded product crypto, crypto in the,
- 3:51in the entire industry. So they're, they're invested.
- 3:53It's still only about 25 billion out of the $10.8 trillion that
- 3:57our clients have. So it's still relatively small,
- 3:59but we, our clients own a big part of the market.
- 4:01We also anticipate launching Bitcoin and Ether sometime soon,
- 4:05so their clients have access to that.
- 4:06And and we think that'll be an acceleration of our growth
- 4:09because what we hear from many of our clients are that they
- 4:11have 98% of their wealth here at Schwab and they might hold a
- 4:13percent or 2% at some. Digital.
- 4:15I know, I know. I'm sorry guys, it's hard to
- 4:17hear. To Schwab, because they trust
- 4:19us, they wanted to sit alongside.
- 4:20Their OK basically so we. Think we'll see some real growth
- 4:23when we bring those to market. So you would be directly
- 4:25competing then with like a Coinbase on that front?
- 4:30OK, I'll pause it. Sorry for the volume.
- 4:33I don't know what's wrong. I tried to turn it up halfway
- 4:35through, but regardless what he's telling us is, hold on
- 4:42here, the computer's here. We up, up, up.
- 4:50I'm all over the place. We've got Charles Schwab talking
- 4:54about being like a major, the world's biggest crypto exchange
- 4:58competing with Coinbase. OK, Charles Schwab bringing
- 5:02crypto trading online within the next few months.
- 5:06This is good for overall crypto. This is good for Unicorn fart
- 5:11dust because we've been doing everything right.
- 5:14But there's one more quick one I just found right before we went
- 5:17live. Hold on here.
- 5:21Oh, shoot. Hold on, guys.
- 5:25There we go. All right, let's go out here to
- 5:31this one from Kyle Chassis, who's calling an institutional
- 5:37floor. OK, Morgan Stanley just opened
- 5:40the door to Bitcoin exposure across 16,000 advisors and $6.2
- 5:46trillion asset under management that 16,000 quote UN quote,
- 5:50financial planners, whatever advisors, whatever you want to
- 5:53call them out there who now can get people into Bitcoin, OK.
- 5:58This, he says, this is the structure, this creates A
- 6:01structural bid under the market. Even as whales aggressively
- 6:06distribute, something is cooking.
- 6:09And I'm going to agree with Kyle 100% on that.
- 6:13And you may or may not agree with me on this, but what we're
- 6:16seeing from the likes of Charles Schwab, what we're seeing from
- 6:19Morgan Stanley will be good for overall crypto.
- 6:22The reality is OK and there's some unbelievable not so good
- 6:27data about crypto we're going to look at later, but new people
- 6:31aren't coming to crypto under its current form.
- 6:34OK That's what the statistics say.
- 6:36Don't shoot the messenger, OK It's too complicated.
- 6:40It's I wrote this down right between between the over
- 6:44complication that normal people OK yeah, sure.
- 6:48The crypto people love software wallets, all this super
- 6:51complicated stuff you have to do just to be able to buy crypto,
- 6:55but the normies don't want that. OK.
- 6:58And, and the more that the normies can get into Coinbase,
- 7:02Moon Pay, Charles Schwab, Morgan Stan, these big companies and
- 7:06get into crypto, it will bring more people into the overall
- 7:10crypto ecosystem, right? The, the, what, what the, what,
- 7:14the current, I, I guess you would say regime has done with
- 7:18crypto over the last 5-7 years between overcomplicating things
- 7:24and people getting taken advantage of.
- 7:27Extraction of money isn't working right, You know, and,
- 7:32and let's face it, the Bitcoin people, I think a lot of them
- 7:35have have shift that shifted their thinking to liking the big
- 7:38companies like BlackRock and these others, big institutions
- 7:43coming in and getting involved in crypto.
- 7:45It will bring more people into crypto right than what we
- 7:50currently have more money, more liquidity into the overall
- 7:53ecosystem. And don't forget, right Unicorn
- 7:56fart dust our project, you can buy it on Coinbase, OK, so this
- 8:01is good for us. This is good for overall crypto.
- 8:04And on top of that, we've we've been proving ourselves for the
- 8:11last 15 months, almost 16 months that we are safe, we are
- 8:15reliable, we are transparent right.
- 8:17We're amongst a very small handful of mean coin projects
- 8:21that that that has a stellar reputation and that's well
- 8:25deserved. I say that with humility.
- 8:27I say that because of what I've done, but also because of what
- 8:30you've done. So I think there's some big good
- 8:33things. Hold on a minute here.
- 8:36Yeah, we are what's right about crypto.
- 8:39That's what I wrote down on my notes.
- 8:41We aren't what's wrong about crypto.
- 8:43Unicorn fart dust is what's right about crypto.
- 8:46In crypto. I love it, right?
- 8:48I'm sure you do too. The whole idea that the basic
- 8:52ethos, the foundation, the rails that were set forth by the
- 8:56original founders of crypto are incredible, right?
- 9:00What Bitcoin did, what Bitcoin accomplished, right was because
- 9:05it was it was straightforward, it was pretty easy to understand
- 9:09and it was about the people. It was for the people by the
- 9:13people. It was decentralized,
- 9:14democratized, all that great stuff, a great like option
- 9:19outside of the paper Fiat Tranfi system and it worked and that's
- 9:23exactly what we are right now. Sorry, I went on the soapbox,
- 9:26but after 15 months of being in crypto, I can say at this point
- 9:32I'm excited about big players coming in and about.
- 9:36I don't want to use the R word regulation, but let's face it
- 9:40man, what's going on over the last 8-9 years?
- 9:44I don't know. To me it sure feels like it's
- 9:46kind of run its course and Unicorn fart dust, our project
- 9:50is positioned perfectly to benefit from this.
- 9:54That's what I believe and I believe that because of you.
- 9:57And what we've done. Let's talk about some exciting
- 9:58news in our project as well. We've got something big cooking.
- 10:03OK, let's go see what we know right now.
- 10:07But this has to do with a major project and has to do with our
- 10:12Unicorn fart dust. We're getting news here from
- 10:16Wildhorn. OK, they say poof Unicorn fart
- 10:21just just tooted out an independent entertainment brand
- 10:25all about unicorns, content, collectibles and crypto as
- 10:32utility. Unicorn fart dust.
- 10:34Do you like being? Do you do you like being early
- 10:37to a good narrative? Follow Wild Horn here on X and
- 10:41across social platforms under the handle at Wild Horn TV, and
- 10:46you can also follow this on YouTube as well.
- 10:49I went out and subscribed to their channel.
- 10:52So here, follow us on YouTube, Instagram, Tiktok, Blue Sky
- 10:55Threads, Sub stack, Medium, Reddit, and here on X for a
- 10:58variety of content. But then this is exciting guys,
- 11:02and there's going to be a lot more information coming out.
- 11:05We got this yesterday from Wildhorn TV.
- 11:09Happy Easter everybody this week.
- 11:13This week Wild Horn will premiere the first spot in our
- 11:17new animated adventure series. This is getting interesting.
- 11:24Can you find an Easter egg on our profile?
- 11:26Where do you think the Wild Horn story will take us?
- 11:29Reply in the comments. All I can say at this point,
- 11:33guys, is yeah, this is Wild Horn TV.
- 11:37And like they used to say in the 80s when I was a little kid,
- 11:40stay tuned for many, many more exciting developments.
- 11:44This is going to be a wild ride with Wild Horn TV and you know,
- 11:49spawned from the community. Super excited to see where this
- 11:54goes. And it looks like this week
- 11:56we're going to get another big, big, exciting update.
- 12:00So thank you Wild Horn TV and all the dusters out there, all
- 12:05the community members, please, like they said, go check out, go
- 12:08follow at Wild Horn TV. This is going to be super fun
- 12:12and super interesting. And then we got this one.
- 12:15Hold on here. The simple but powerful, that's
- 12:18what we like within our project. Randy, our old friend.
- 12:22Randy said this. Time filters out a lot of a lot
- 12:26of things out. Time filters a lot of things
- 12:29out. The fact that UFD is still here
- 12:32with a core group that stays intact speaks volumes.
- 12:37Yeah, I am. Hold on one second guys.
- 12:44Wanting to show what Susie? No, I don't see it.
- 12:51Oh, hold on. Oh, did I forget?
- 12:53Yep. Yep.
- 12:54Sorry, guys. Thank you.
- 12:55Upstairs, Susie. There it is.
- 12:59You got the point, though. Time filters out many, many
- 13:03things. OK, guys.
- 13:05And that's such a powerful concept.
- 13:06Look, I'm going to show you some very scary data next, OK?
- 13:11Actually I got two things I'm going to show you.
- 13:13But Unicorn fart does this project, this movement, this
- 13:18connection that we have together in this community is as alive as
- 13:23it has ever been. And when you take and we don't
- 13:26even, I don't think we realize that what we've accomplished has
- 13:30been accomplished in one of the most challenging market
- 13:34environments in crypto probably and forever, OK, we can hang our
- 13:39horns on that. It's unbelievable.
- 13:42I don't think we realize that we've been like building this.
- 13:46I don't know, it's kind of like trying to build a house during a
- 13:49hurricane or something. I mean, what you have done, what
- 13:51we have done is truly, truly exceptional and shows strength
- 13:57beyond, I think anything that can be compared.
- 14:00I mean, our timing was good. Our timing is was what it was,
- 14:04is what it is. But what we've experienced over
- 14:07the last year plus in this community in the face of an
- 14:13incredibly challenging environment is truly second to
- 14:16none. And we've done it all by leading
- 14:19by example. Good attracts good, honesty,
- 14:24integrity, right under promising over delivering.
- 14:28It's a big, big, big deal. Let's go take a look at this
- 14:32this look, I don't want to be the bearer of bad news, but we
- 14:36we aren't going to live with our horns buried in the sand.
- 14:39This one got me yesterday. OK Simon D Dick said.
- 14:42Remember when I said 1.5 years ago that meme coins were the
- 14:47worst thing to happen to this industry and everybody called me
- 14:50stupid for it? Well, I guess I was right.
- 14:52We burned over 30, 30 million people.
- 14:56Most of them lost everything and won't come back ever.
- 15:00We've got some work to do. And look at this chart which
- 15:02shows traders on the Solana decentralized exchange organic
- 15:09trends. I mean, look, we, we have done
- 15:13what we have done in an environment where we went from
- 15:1630 million all the way down to I don't know, right, very low,
- 15:20maybe 4,000,005 million. This basically I think our
- 15:24project was probably started about right here is the
- 15:28environment that we've been in. And you know what I said it
- 15:31earlier and it's what I believe 150%.
- 15:35Some regulation, some big companies coming in, right,
- 15:39Coinbase, Charles Schwab, all these big companies that are
- 15:43coming into crypto now are going to be good for crypto because
- 15:46they're going to change the environment.
- 15:48It's going to change from an over complicated environment.
- 15:52It's going to align things, I think ironically, more with what
- 15:56maybe are some of the big original ethos of crypto.
- 15:59Let's be real, OK? Things were overcomplicated,
- 16:03scammy and a lot of bizarro behavior.
- 16:09You know, I was at Easter yesterday with a lot of our
- 16:10family, upper middle class people around my age.
- 16:13Everybody wants people like like us and crypto, right?
- 16:17People like you and me, quality people.
- 16:20That's what's in the Unicorn Bartis community.
- 16:22But those people, they don't want to set up.
- 16:25Yeah, OK, here you got you got to set up a software wallet and
- 16:29you got to do go through this whole process is over
- 16:32complicated insanity, right, Just to get into crypto.
- 16:36Oh, and by the way, once you're there, you're everybody's going
- 16:39to try to scam you. I mean, look, things are
- 16:45changing and I believe changing in a very, very, very good way
- 16:49for crypto. And I want to emphasize that our
- 16:52project is part of that good change.
- 16:55OK. People said that at the very
- 16:57beginning when UFD was launched and like you're what crypto
- 17:00needs, Ron, you know somebody who's who's a reliable and
- 17:05honest and where people can feel safe.
- 17:08We've done that. We will continue.
- 17:10We've done it in an environment that has been extremely
- 17:13challenging and we've succeeded. OK, you know, the 90 day
- 17:19performance metrics, all that great stuff.
- 17:21So keep up the great work Dusters.
- 17:23Go check out Wild Horn TV, follow them on X follow them on
- 17:27YouTube. There's going to be some big,
- 17:28big updates coming out this week.
- 17:31Have a great day. Thanks for being here in the
- 17:33basement with me. All right, and I'll see you and
- 17:36I see you. I'll see you next time.
- 17:37Be good to yourself. That will give you a platform
- 17:41from which you can be good to other people.
- 17:43Bye bye.