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**THIS IS BIG** $UFD Beans are Becoming SCARCE · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:16
  We have some shocking data about the US economy and some very
• 0:20
  optimistic data about our very favorite Unicorn fart does
• 0:24
  cryptocurrency meme coin. We're going to start out talking
• 0:27
  about the economy, but first I want to say thank you for
• 0:30
  joining me down here in the basement.
• 0:31
  Please go check us out on YouTube.
• 0:34
  Make sure you hit that like button that gets the news out to
• 0:37
  more and more people. But let's start about some
• 0:40
  flabbergasting news that we got this morning about how great the
• 0:45
  US economy is. Let's go out to check out on the
• 0:49
  latest revisions to the jobs numbers.
• 0:51
  This comes from the Coin Bureau who tells us that the US
• 0:56
  government just quietly erased another 710,000 jobs.
• 1:03
  The government just revised job numbers down for the 13th
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  consecutive month. Over 710,000 jobs have quietly
• 1:11
  been wiped out after the initial headlines.
• 1:15
  This is an average of 55,000 fake jobs reported every single
• 1:20
  month since January 2024. We have seen downward downward
• 1:25
  revisions in 24 out of 25 months.
• 1:29
  Guys, this tells us what is going on in the US economy is
• 1:33
  maybe not as great as what we get reported every month.
• 1:36
  They give U.S. jobs numbers and they say, oh, we created 75,150
• 1:42
  thousand jobs. But then quietly in the future
• 1:46
  they go back and revise those numbers and today we get news
• 1:50
  that over the last 13 months they were off by 700,000.
• 1:55
  I mean, think about it. I think a fifth grade math class
• 1:58
  could do a better job than the Bureau of Labor and Statistics
• 2:02
  and putting these numbers out. And furthermore, it begs the
• 2:05
  question, all these people that had make believe, could we call
• 2:10
  them Unicorn fart desk jobs? Did they get to the cash make
• 2:14
  believe paychecks? So I know I understand, right?
• 2:18
  The US economy is maybe not as strong as the government reports
• 2:24
  initially. And I know that people out there
• 2:27
  are, are, are suffering, struggling, especially young
• 2:30
  people. I had a great conversation with
• 2:33
  a relative just about four days ago about how young people in
• 2:37
  their 20s, it's darn near impossible at this point for
• 2:41
  most of them unless they're fortunate to come from a wealthy
• 2:44
  family, which most aren't, to buy up, even buy a house, which
• 2:49
  I said like in my 20s, right? That was a real achievable goal
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  if you worked hard and you went to school or started a business
• 2:57
  that you could realistically expect that you could buy
• 3:00
  yourself a house. These kids, now, they got it
• 3:02
  rough. Anyway, we got more crazy news
• 3:05
  about the US economy we're going to get to later.
• 3:07
  But first let's talk about some exciting news for the UFD
• 3:10
  project. Because numbers don't lie.
• 3:13
  Mathematics shows no forgiveness on the altar of truth.
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  Not even God can change the fact that 2 + 2 = 4.
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  That's the way God set it up for us or whoever the universe.
• 3:25
  So let's go out. This is not a religious channel.
• 3:28
  Let's go out and look at the latest data that we're getting
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  on our projects. And this is super encouraging.
• 3:34
  This comes from the one and only Bullion duster, our friend
• 3:38
  Vincent with a narwhal update. And for those of you who are
• 3:41
  new, we don't call our big holders whales, we call them
• 3:44
  narwhals because narwhals are the unicorns of the sea.
• 3:48
  Since my last update 2 weeks ago on February 25th, the top 250
• 3:56
  wallets of UFD have became stronger and stronger.
• 4:00
  The number of beans held by the top 250 increased from 668 to
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  669,000,000 beans, up another million.
• 4:09
  The percentage of diamond, gold and Silver hooved wallets in
• 4:15
  that top 250 rose from 88% to 90%, up another 1.6%.
• 4:23
  The percentage of diamond, gold and silver beans in possession
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  of these top 250 wallets is even greater at 91, almost 92%.
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  So the top 250 wallets of Unicorn Fart Dust now hold 92%
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  of the beans, and that's distributed rather equally.
• 4:44
  OK, which is a good thing for for for token distribution, but
• 4:48
  so they own the top 250 now have 92% of the beans and then and of
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  those beans, well, I'm sorry, went from 668 to 669.
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  The UFD community seems to be cooking a delicious slow bean
• 5:04
  squeeze towards an explosive beanopoly like silver.
• 5:08
  The Unicorn goes slow at 1st and then it makes an explosive fast
• 5:12
  move in a short time. Be aware, be prepared.
• 5:15
  And he just says maybe consider rotating some of your other meme
• 5:18
  coins into Unicorn fart test. Guys, this is incredible news
• 5:23
  for our project. I was talking to one of the
• 5:26
  dusters, one of our key dusters yesterday.
• 5:29
  And the way I described what we just looked at, it's like when
• 5:32
  you go to a water park and they all the water parks have the
• 5:34
  same thing. This humongous bucket that
• 5:38
  slowly fills with water. And when that bucket gets full
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  enough, it dumps over all at once.
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  It happens very slowly and then the big event happens very, very
• 5:50
  quickly. And I look, I don't have a
• 5:52
  crystal ball, don't make any financial decisions based on
• 5:54
  what I say. But I'm a numbers guy.
• 5:57
  And when I look at these numbers and I realize that we've got
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  more and more people. Yes, it's been 9 days.
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  Yes, I'm listening to you right more and more people.
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  This jug represents all the UFD beans.
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  See that line right there? 999 million period that have
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  ever been created, ever will be created.
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  And what these numbers show us is that this jug is getting full
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  of more and more diamond hoof dusters and those Jelly beans
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  represent the diamond hose hoof dusters.
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  So I want you to use your imagination right now and
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  imagine this jug filling up. See my finger slowly and slowly
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  and slowly. The top 250 wallets currently
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  own 2/3 about right here of all the beans we aren't even talking
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  about. And 90% of those are diamond
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  hooved. OK, but the other people, right?
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  The the other people that aren't in the 250 wallets who are just
• 6:56
  as important as the narwhals, A lot of those are diamond hooved
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  dusters as well. And every day that goes by, it
• 7:03
  feels like we had more and more people who are buying UFD and
• 7:10
  not selling the token holding on to it.
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  Eventually we get to a point, right, where there's not that
• 7:16
  many beans left in that room, left in this jug, right?
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  They get smaller and smaller for people that want to buy new UFD
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  tokens. And then we get to a point where
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  we have a a bean shortage. And then we get to a point where
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  we have a beanopoly and then we get to.
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  Valhalla, I don't know how you feel, but that always.
• 7:49
  I haven't done that for 9 days and boy I sure sure feels good.
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  I miss the jug. All right, let's look at the
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  mathematics. One more piece of math.
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  I know nobody likes math class, but these numbers are critical
• 8:01
  to UFD and this and I did the math myself is really shocking.
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  Mr. Nolso brought up that if 50,000 people right, holding
• 8:11
  20,000 UFD beans would cause a beanopoly 50,000 people.
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  And I think right now last I checked we had well over 30,000
• 8:22
  people that own UFD. 50,000 people right?
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  Not that many more. And if they just hold 220
• 8:28
  thousand UFD would cause a beanopoly literally meaning
• 8:33
  right. If we had 50,000 people who had
• 8:35
  20,000 beans and they did not sell, there would be no new
• 8:39
  tokens available for purchase. That equals about $168 for each
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  of those 50. Come on man boy.
• 8:48
  I mean, I don't know, like I said, I'm not a financial
• 8:51
  advisor, but it doesn't seem we just need to recruit a few new
• 8:56
  people that have $168 and boom, bam, Bing, we're done, right?
• 9:01
  But actually, if you do the math, after all of us narwhals
• 9:05
  are factored in, that's a great point.
• 9:07
  OK, If you figure what we just look at the narwhals already
• 9:12
  owned 2/3 of the beans those the beans that are leftover it would
• 9:17
  become a much lower holder in number of beans, lower holder
• 9:22
  number of beans per holder higher we go wow, that's you
• 9:26
  know I didn't never looked at it that way and that's a great
• 9:29
  point, right. If we had 50,000 people that
• 9:33
  owned $168.00 with the UFD, there would be no tokens
• 9:37
  available at the current price. But if you factor in that 2/3 of
• 9:44
  the beans of the tokens are held by the top 250 wallets, the
• 9:48
  number of people that we would need, it might be like another
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  10,000 people with $100 worth of UFBI.
• 9:54
  Don't know. I didn't do the math on that.
• 9:56
  But it gets very, very, very interesting.
• 9:59
  OK, let's move on and we're going to zip through this.
• 10:02
  Then we got more crazy news about the US economy.
• 10:06
  Here's the madman, he said. I bought into an idea, the idea
• 10:09
  that friendship reigns supreme and our best days are still to
• 10:14
  come. There's Dusty with a couple of
• 10:16
  attractive ladies walking down the street.
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  The one and only Mr. Dusty. Here's Dubes.
• 10:21
  Most crypto projects die in the trenches.
• 10:25
  One didn't. UFD live now.
• 10:28
  And here we are live now and think about that, guys, right?
• 10:33
  I mean, I don't even, I haven't looked for a few days.
• 10:36
  Maybe tomorrow we'll do that for fun.
• 10:38
  But last I checked, there were 36 million cryptos out there.
• 10:41
  All the other ones died in the trenches.
• 10:45
  OK. I mean quite literally we, we've
• 10:48
  been bouncing around right around being the, the top 1000
• 10:53
  of all crypto currencies. All not just me coins, but all
• 10:57
  crypto currencies ever created in the history of the world.
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  We are in the top 1000 out of 36 million.
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  Take 3 zeros off that 1000 and you get 1.
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  Take 3 zeros off that 36 million and you get 36,000.
• 11:14
  We are literally one in 36,000. We didn't die in the trenches.
• 11:18
  Why not? Because of me, right?
• 11:21
  I had very little to do with it. It.
• 11:23
  This is nothing with just me. Unicorn fart dust is nothing.
• 11:27
  We did it because of the army of Kols that we have.
• 11:32
  And who? Who are those Kols?
• 11:34
  Who are those believers? Well, go look in the mirror.
• 11:36
  Go ahead. You can leave the live stream
• 11:38
  for a few minutes. It's you, OK?
• 11:40
  You are the power behind UFD. Let's go.
• 11:43
  Hold on here. We got a great one from Bitboy
• 11:45
  J, but I need to share the screen and here you go.
• 11:50
  Hold on here. Boom, he says.
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  All I see is commodities, then crypto, then commodities, then
• 11:57
  crypto. It's a full circle.
• 11:59
  And then you realize it always circles back to Unicorn fart
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  dust. Everything is just Unicorn fart
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  dust. And yes, that's a good general
• 12:08
  observation that I agree with. Commodities, including gold and
• 12:12
  silver oil are getting a lot of attention right now.
• 12:17
  I think all three of those sectors have a long way to run.
• 12:20
  But the other sector that's getting a lot of attention that
• 12:23
  I think fits right in with commodities is crypto, including
• 12:28
  Unicorn fart dust for all the aforementioned reasons that I
• 12:31
  said earlier. But these asset classes, I
• 12:34
  believe will do very well as we move into a fast evolving World,
• 12:40
  Economic world, geopolitical, a scenario that we are
• 12:45
  experiencing this, this happened before in the 1970s, right,
• 12:49
  where we had a stagflationary environment.
• 12:51
  So you want to learn? Yeah, stagflation.
• 12:54
  You're going to hear a lot more about that word.
• 12:57
  That's a stagnant economy. Remember those jobs numbers that
• 13:01
  were secretly written down by 700,000 over the last 13 months?
• 13:05
  Just one example. But a stagnant economy with
• 13:10
  inflation and if we already have much higher inflation than what
• 13:14
  the government is telling us, according to a lot of experts,
• 13:18
  and on top of that, higher oil prices will create an even more
• 13:22
  inflationary environment. Stagnant economy with inflation
• 13:26
  creates stagflation. Stagflation is good for non Fiat
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  assets. OK, not things like crypto,
• 13:34
  excuse me, things like crypto, things like commodity.
• 13:37
  So buckle up butter cups, we got a long way to go.
• 13:40
  Oh, here, let me let me show you some proof.
• 13:42
  This is great from ash crypto to give us an idea of what's
• 13:47
  happening right now. He says this cannot be a
• 13:50
  coincidence. the US current inflation is literally mimicking
• 13:56
  the 1970 to 1980 time period. And that's not the only thing
• 14:01
  during or the only common thing. During the 70 to 80 period, oil
• 14:06
  prices went up, there was war escalation in the Middle East,
• 14:11
  gold and silver rallied hard. That has happened and the US
• 14:15
  economy was in a stagflation phase compared to today.
• 14:20
  In each one of these is exactly the same.
• 14:23
  And look at this chart that overlays inflation, OK, and
• 14:27
  white current inflation compared to what happened during the
• 14:31
  19701980 era. And as you can see on this
• 14:35
  chart, right, we are right here right now.
• 14:38
  But I mean, look at this went down, went up, went down, shot
• 14:43
  up super high, came back down according to the government
• 14:46
  numbers and then shot way higher.
• 14:49
  This is the 70s and 80s. It feels like we have a recipe
• 14:53
  for this to happen right now that will be good for
• 14:57
  commodities that will also be good for crypto as well.
• 15:02
  And further evidence, OK, They, they want to tell you, hey, the
• 15:05
  economy is great, everybody's rich, everybody's doing
• 15:08
  wonderful, blah, blah, blah, right?
• 15:10
  The fake stock market, OK, but something shocking is happening
• 15:15
  out there in the world right now to average everyday people, they
• 15:19
  can't pay their bills. And you're probably experiencing
• 15:22
  it, right? Foods more expensive, gas is
• 15:26
  getting more expensive. Everything's more expensive.
• 15:29
  Trying to pay insurance on a car, get a car, get a house,
• 15:33
  everything housing, everything is more expensive.
• 15:36
  And we've got proof that people are struggling right now in the
• 15:40
  economy because the last resort, the last thing that people want
• 15:45
  to do after they've racked up their credit cards, after
• 15:48
  they've exhausted every form of being able to get more money, is
• 15:53
  to take money out of their four O 1 KS.
• 15:56
  You pay a big penalty. It's the last resort that people
• 15:59
  want to do. And look at this data point that
• 16:02
  came through here we go from bar chart, but this is was reported
• 16:08
  everywhere yesterday as a major, major story.
• 16:12
  Americans are taking hardship withdrawals.
• 16:15
  I'll explain what that means from their retirement accounts
• 16:19
  at the fastest pace in history, warns Vanguard.
• 16:25
  OK, a hardship withdrawal means you go to your your retirement,
• 16:30
  Vanguard, Fidelity, Schwab, whoever it is that holds your
• 16:33
  4-O1K or your IRA and say I want to take money out of my IRA and
• 16:38
  I want to do it early. Number one, you're going to pay
• 16:41
  taxes on that money #2 you're also going to pay a penalty.
• 16:46
  I think it's 10% on top of that. It's the last resort, OK?
• 16:51
  But this is happening now at the fastest pace, OK, in history,
• 16:58
  right? And that's from Vanguard
• 17:00
  Investments, Who I think if that, if they're not the
• 17:04
  biggest, they're definitely one of the biggest retirement fund
• 17:08
  4-O1K administrators on the entire planet.
• 17:12
  So guys, that right there, OK, you can say all you want, they
• 17:16
  can tell us all they want about how great the economy is, how
• 17:20
  wonderful if average everyday people are having to take money
• 17:24
  out of their retirement plans early as hardship withdrawals.
• 17:29
  I got news for you. The reality is things aren't
• 17:33
  good. They can paint all the rosy
• 17:35
  pictures they want out there, but the reality is things aren't
• 17:39
  good. What this will likely lead to
• 17:41
  right is a like we talked about earlier, a stagflationary
• 17:45
  environment, a recessionary environment.
• 17:47
  And here's the big kicker, eventually the Fed will have to
• 17:52
  print money. Basically, is the simple way to
• 17:55
  say it. They're going to, that's the
• 17:56
  only thing they're going to be able to do to salvage this
• 18:00
  economy because they aren't going to let it crash, right?
• 18:03
  Because if they let the economy crash and the stock market
• 18:05
  crash, the ultra wealthy, the 1%, they aren't going to stand
• 18:09
  for that. They love when the government
• 18:11
  prints money because that makes the market go up, right?
• 18:14
  That will also bring more liquidity into the overall
• 18:18
  crypto arena, which I believe will also bring more
• 18:22
  opportunity, more money, more people, right, who are going to
• 18:26
  be looking for a safe, reliable cryptocurrency meme coin
• 18:29
  project. Because who doesn't love memes,
• 18:31
  They're fun, and who doesn't love a meme that's proven right
• 18:35
  that there's a community with a shared sense of purpose, people
• 18:38
  that are on a joint mission together, right?
• 18:41
  A project that has done everything they said that they
• 18:44
  are going to do, all right, and including you being here today,
• 18:48
  man, I really appreciate you guys.
• 18:50
  Thank you for being here. Thank you to Ledger for
• 18:53
  sponsoring Ron Spaceman. What an honor, the
• 18:55
  cryptocurrency security leader. Don't be like me, okay?
• 19:00
  Learn from my mistake. Think about crypto security
• 19:04
  before something happens. That's a real smart idea.
• 19:08
  OK, we all make mistakes. I made a mistake.
• 19:10
  I didn't think about crypto security until really after a
• 19:14
  horrible hack event that Susie and I endured.
• 19:18
  So thank you Ledger for sponsoring Ron's basement and
• 19:21
  giving our community, giving the crypto world safety and security
• 19:25
  and to our friends at Moon pay, because I'm not even here
• 19:28
  without Moon Pay. Moon Pay was my very first, my
• 19:31
  maiden voyage into the world of crypto and they've been an on
• 19:35
  ramp for millions and millions of people from Fiat into crypto,
• 19:40
  right? Adding value to the crypto
• 19:42
  ecosystem. A true fintech leader, Moon Pay
• 19:46
  is growing and innovating and bringing new people into the
• 19:50
  world of crypto. All right, guys, thank you for
• 19:52
  being here. Have a great day.
• 19:54
  Please don't forget, let's all do our best speak good to
• 19:57
  ourselves first and foremost, that will give us a platform
• 20:00
  from which we can be good to other people.
• 20:03
  Take care. And I'll see you.
• 20:05
  And yes, I see you right now. I'll see you soon.