Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / π’ $UFD - UNICORN FART DUST meme coin π¦π¨β¨
Transcript
- 0:01Hey guys, welcome to the live stream.
- 0:03Welcome to the basement. We got a lot of big, big things,
- 0:06a lot of exciting things going on right now with Unicorn Farta.
- 0:10So thank you for being here. I don't say this often enough,
- 0:13but really, this is not possible without you.
- 0:16We are connected all over the world.
- 0:19Are you feeling it, huh? Let's put our horns together.
- 0:22That's what we do, right? Our horns are touching, we're
- 0:26connected and you are making this happen.
- 0:29That is so important. Now, my quick disclaimer, this
- 0:32is not financial advice. I am not a registered financial
- 0:36planner. Don't buy or sell anything.
- 0:38Make any kind of decision based on anything that you hear from
- 0:41me today. But I want to read something to
- 0:44you that I wrote earlier today, right?
- 0:45We have big events happening every single day for UFD.
- 0:50Now, yesterday, before I forget, I did a interview, a radio
- 0:54mainstream media radio interview with Saint Louis Public Radio.
- 0:58If you've not listened to it, the the host was probably one of
- 1:02the best interviewers that I've ever dealt with.
- 1:04You know, David G is still my favorite, David Gockstein, but
- 1:08we covered everything about UFD. And I'm telling you the exciting
- 1:12part about this is I'm getting all kinds of messages from
- 1:16butter cups. You know what a buttercup is
- 1:19someone who's not yet made the decision the fateful decision to
- 1:23join our or heard of dusters. But this news is getting out.
- 1:28We're cracking our horn through the glass ceiling of mainstream
- 1:33media. Hold on one second.
- 1:35I want to make sure are we having.
- 1:36Can you guys see me and hear me? Let me.
- 1:39Oh, cool. Thank you.
- 1:40Susie here. You know what?
- 1:42Let's start this day right. Susie just smiled at me right
- 1:45before I went live at the top of the steps.
- 1:48And it really light lighten my mood, lighten my spirits.
- 1:51Susie, will you please say hello in your beautiful song, Songbird
- 1:56Voice to all the people out there joining us from all around
- 1:59the world. Good morning, everybody.
- 2:01Happy birthday. Thank you, Susie.
- 2:06OK, anyway, we're getting, we're making progress with mainstream
- 2:10media. I know we want everything to
- 2:13happen right away, right? We want these big tier one
- 2:16listings. I'll give you an update on that
- 2:18in a little bit. We want everything now, now,
- 2:20now, now guys, I got news for you, OK, Dusters and diamond
- 2:25hooves. It's 1 diamond hoove at a time.
- 2:29Day by day by day, we make big, big progress and we're doing it.
- 2:34It's happening right? Like this core group of people
- 2:37that we have is growing. That is the most important thing
- 2:43this right now what you, you, yes, you are doing is the most
- 2:48important thing. We are moving along on our UFD
- 2:52journey together. We are growing more diamond
- 2:55hooves day by day, our nucleus, our core, right?
- 3:00We have the shared belief system.
- 3:02We're a club. We're a cult COLT, not a cult.
- 3:05With this, I will never tell you what to do.
- 3:08I know some people call this a cult, right?
- 3:11Or meme coin cults, and that's fine.
- 3:14I don't care. That's wonderful.
- 3:16But I'd like to refer to us as cults like you guys are I, we
- 3:20are this unique situation as our nucleus grows in our in our in
- 3:25our core continues to expand, it takes on a life of its own.
- 3:30And it does that because of you, not because of what I'm telling
- 3:34you to do, but by what you are deciding to do, how you're
- 3:39deciding to use your talents day in and day out to help grow our
- 3:43community. OK?
- 3:44It's the way we're structured. We're the we're what we are.
- 3:47We are we are what cryptocurrency is supposed to be
- 3:51be centralized, democratized over the years, just my opinion,
- 3:55but over the years, right, a lot of big money came in and kind of
- 4:00perverted it. I can never think of a different
- 4:02word, but perverted it, right? Big money, millionaires, venture
- 4:07capital, hedge funds, whatever you want to call it makes up all
- 4:11this fancy stuff about no crypto.
- 4:14Is this right? A fair level playing field and
- 4:17transparent in your grasping the opportunity.
- 4:20But most important, you are what is making this happen.
- 4:25The most important thing, the most important thing that we can
- 4:30have happen on any given day is a new duster, a new diamond hoof
- 4:36joining our herd that will make the difference in the long run.
- 4:40And we're not just having one join every day, we're having
- 4:44many joining every day. Let me show you one example, one
- 4:48quick example, and there we go. OK, here we are.
- 5:01I saw this last night and made me smile from moon tooth Unicorn
- 5:05fart dust. Another one bites the dust.
- 5:09OK, let's talk about that first. Why have you not realized that
- 5:12maybe should be one of our theme songs?
- 5:15You know that song by who? What's the name of that band?
- 5:18Darn it, it's going to now. I can't believe I can't remember
- 5:20the name of that band. Anyway, another one bats the
- 5:23dust. You know the song Queen I think
- 5:25it is. Another one bites the dust.
- 5:28Another one bites the dust. What else do I mean?
- 5:31I don't know why. Why hadn't we thought of that?
- 5:33Dusters. So we have a new Duster Bumps
- 5:37one. Bumps 1219.
- 5:40Welcome my aunt who just became a duster.
- 5:42Her sister Duster Delta Dawn may give this Gen.
- 5:46Xer a follow at basement Ron. So there we go.
- 5:50Right? Look at that smile.
- 5:52I got a question for it. Look at that smile.
- 5:53Good job, our friend Duster Moon Tooth.
- 5:56Good job making this happen. But look at the smile on her
- 6:00face. She looks like she's probably
- 6:02from my generation. I want you to think about
- 6:04something. Remember yesterday, the burger
- 6:08man right down in the Philippines?
- 6:10What a great guy. All the people that he gave
- 6:14burgers to that. Why do we make people smile?
- 6:17Because we're good at tracks. Good.
- 6:19Now let's all smile together right now.
- 6:21It doesn't hurt Dusters, right? You'll feel your your horn
- 6:24tingle. It's OK to smile.
- 6:28It's OK to do nice things. But that's the biggest thing.
- 6:31I know everybody wants big catalyst.
- 6:34Big and big catalyst are important.
- 6:36We will get big catalyst, but on a day by day by day by day
- 6:40basis, 1 diamond hoove at a time, right?
- 6:45There's no guarantees dusters. This takes work and grit and
- 6:49you're doing it. But it's 1 diamond hoove at a
- 6:52time. Slowly we fill up the jug.
- 6:56Is it time for me to shake the beans?
- 6:58You guys like when I shake the beans?
- 6:59So yesterday. And you know what?
- 7:01I got some more these these little boys.
- 7:06These little boys are from Australia.
- 7:09But but you know what? For our new we.
- 7:13Is it time for me to shake the jug?
- 7:15Hold on one second. Here's our duster jug.
- 7:28We're going to put a we're going to put a bean in the jug for,
- 7:31for our friend that just became a duster yesterday.
- 7:36This person, hold on her. There's your bean, right It
- 7:45another one. And these were sent to me from
- 7:47Australia. Mr. S, I'll call him if you'd
- 7:51preferred I not use his name online.
- 7:54But Mr. S2 beans go into our jug from Australia.
- 7:58This jug can't get any bigger. That jug can never get any
- 8:03bigger. OK, There's only 999 million day
- 8:07by day by day by day by day. I mean, if I fill the whole
- 8:10thing up, we won't be able to see that it says diamond hose,
- 8:13but right? All right, let's make some
- 8:22noise. That's what we do.
- 8:26That's what we do. OK, let's talk about the tier
- 8:30one listings situation. As you know, we've received
- 8:35every indication from our friends at Kraken.
- 8:37We love you Kraken that they're going to list Unicorn fart dust.
- 8:41We need to get a market maker and let's go look at the wallet
- 8:46and see where we are. Let's check that out here Uh oh,
- 8:52did I lose that hold on one second, hold on bear with me
- 8:58guys. You're going to watch me
- 9:00struggle here for a minute because for some reason that
- 9:06didn't pull up let's see if it works now.
- 9:14I think it's going to work. Yep, it's working.
- 9:16So let's go back here. I'm going to move you to the
- 9:20Internet so you don't have to look at my mug.
- 9:23And here we go. OK, share this tab.
- 9:29OK, so here we are. Our UFD project wallet currently
- 9:33sits at $75,000. We need to raise upwards of
- 9:37$150,000 to secure a market maker for with Kraken.
- 9:45Now this market maker will also enable us to get on to other
- 9:49Tier 1 exchanges will smooth the process out.
- 9:52You might be wondering why do we need a market maker?
- 9:55Let's see if I can get this one correct.
- 9:58Hold on here and all right, let me bring us back.
- 10:09All right, guys, lots of things to click on here.
- 10:13OK, share this tab. OK, this was a thread from Crypt
- 10:18Wizard. Why do we need a market maker,
- 10:20right, asking that question? Sure, we're all wondering.
- 10:22Central exchanges rely on market makers and often require them
- 10:26before listing crypto tokens to ensure liquidity, price
- 10:30stability, and a smooth trading experience.
- 10:32Here's why market makers are essential for new token
- 10:36listings. Liquidity.
- 10:38The market makers place buy and sell orders continuously,
- 10:41ensuring traders can execute orders without significant
- 10:45delays. OK, without liquidity, a token
- 10:47may have large bid to ask spreads.
- 10:49And the thing that I thought of when I heard that is since we
- 10:52have so many diamond hooves amongst us, right, that these,
- 10:58that these big exchanges are like, hey, we need liquidity,
- 11:01right? Us, us dusters are holding on to
- 11:03our beans. No doubt price stability and
- 11:06reduced volatility. A new token with lower trading
- 11:09volume can experience wild price swings due to lack of buy and
- 11:14sell orders. So the market makers are in
- 11:16there kind of making sure they, they're like a, a shock
- 11:21absorber. They're able to help facilitate
- 11:24the trading in the way that there's not these wild swings in
- 11:28price, which is very important, right?
- 11:30We all want to see that exchange reputation and trading
- 11:35experiences. The exchanges want to ensure
- 11:38that newly listed tokens don't suffer from illiquid order
- 11:42books, which could frustrate traders, compliance and
- 11:47regulatory standards blah blah blah volume and revenue
- 11:50generations that the exchanges generate revenue from trading
- 11:53fees. So they want to have market
- 11:55makers that are going to ensure that there's going to be volume,
- 11:58institutional and retail confidence investors or more
- 12:02likely to trade a token when they see a tight bid to ask
- 12:06spread. That means that there's enough
- 12:09buyers and sellers to keep the the bid to ask spread within a
- 12:12tight range. Why market makers are required
- 12:15before listing? Exchanges want to avoid listing
- 12:18dead tokens that have no activity.
- 12:20They require projects to partner with market makers to guarantee
- 12:24liquidity from day one. Some exchanges mandate a minimum
- 12:28daily trading volume before listing, which market makers can
- 12:32help achieve. So that's the reason why you
- 12:35need market makers, OK. And, and, and it feels like to
- 12:40me like we've gone, we've been different from day one with UFD.
- 12:45You know, we were this community driven project from the very
- 12:48beginning. We've been at this now for 12
- 12:51weeks, which they tell me in crypto time is like the
- 12:54equivalent of 12 years. You know, some of these tokens,
- 12:58right, like let's say Trump or I think even that jail stool
- 13:02token, they get listed immediately, right?
- 13:05They get immediately listed on, on the big Tier 1 exchanges, but
- 13:10unfortunately we've seen what's happened to their to their
- 13:13prices after they were listed. It feels to me what the, what
- 13:16we're doing once again is different on many levels, right,
- 13:21that we've kind of built up to this.
- 13:24So I am very encouraged that when we do get a tier one
- 13:27listing, we're in a different situation because we've got all
- 13:32these butter cups out there, right, that maybe aren't
- 13:35comfortable with the current way that you that our process that
- 13:39you need to go through to buy UFD and that there's going to be
- 13:42a much easier tier one type experience that, that they could
- 13:47work through. So I'm super encouraged.
- 13:49Now everybody's donating, OK, And thank you, thank you, thank
- 13:56you. Our narwhals have donated.
- 13:58I mean, we've raised $75,000 already, guys.
- 14:01That is huge. I've donated.
- 14:03Our big whales have donated. Some of the sharks have donated,
- 14:07some of the minnows have donated.
- 14:09Everybody matters. Everybody matters.
- 14:12I want to show you just one, OK? Please don't be offended if I'm
- 14:16not showing your donation because on all different levels,
- 14:20there have been all types of donations that have come in.
- 14:22But hold on here, sure, I'm showing you the right page, OK?
- 14:34I don't think that's what I wanted to show.
- 14:35Here we go. Why today's all about Australia.
- 14:42This came from Tazza Aussie Duster donation sent UFD hope
- 14:46I've done it correctly. Let's go.
- 14:48So tazzy Aussie Tazzy Tazza Aussie duster sent 5000 beans
- 14:54OK. And it's happening all over the
- 14:57place where I've been all and there's crypt wizard saying
- 14:59thank you. I mean all sizes, all you know,
- 15:03we've had people that have donated $10,000 worth of deep
- 15:06beans. We've had people that have
- 15:08donated 10 beans. Every donation matters and
- 15:12again, guys over we're going to get the tier one listings.
- 15:15That's you know, that's my feeling.
- 15:17That's just my personal prediction.
- 15:19Don't make any financial decisions based upon what I say.
- 15:22But I feel like as the community, at the end of the
- 15:26day, the community was I not on the right screen?
- 15:33Hold on, I don't think I was on the right screen.
- 15:36Thank you, Susie. There we go guys.
- 15:38I apologize. There's the post from Tazza
- 15:41Tazza, Aussie Duster. Sorry about that.
- 15:44Where they sent their donation 5000 beans.
- 15:48All right, there we go. Sorry, the one man band down
- 15:52here. Maybe I need to hire a producer
- 15:54or something. Anyway, the the, the community
- 15:58will make this happen. The community will make tier one
- 16:02listings happen. That's what it comes down to
- 16:05that that is our defining difference as a community,
- 16:09right? Everything we do is done through
- 16:12the community. This was started for those of
- 16:15you who don't know, by me as an experiment with a hundred U.S.
- 16:19dollars that I converted to our gracious sponsor Moon Pay.
- 16:24That was my on ramp into crypto, right?
- 16:27And then the community took this over from day one.
- 16:31And by the way, thank you, Moon pay, right?
- 16:33I'm not here, guys, without the help of Moon pay.
- 16:36Let's please continue in your tweets.
- 16:39Occasionally put at Moon Pay put at Ledger, right as they've
- 16:43stepped up to help us to help our community to help me, right,
- 16:47secure my beans on a Ledger device.
- 16:49You want to see a picture of that Ledger?
- 16:51I absolutely love it. There it is right over there.
- 16:54OK, it's stored off site, but I can tell you right when I have
- 16:59that in my hand, it is the coolest little device and you
- 17:04can do like pretty much everything now.
- 17:06And it continues to expand through their awesome app Ledger
- 17:10Live. So thank you to Ledger, thank
- 17:12you to Moon Pay for making Ron's basement possible so that I can
- 17:15connect with you guys, right, The UFD community.
- 17:18Let's not give up on our community Dr. though.
- 17:21Let's not give up on our ability to make a massive difference.
- 17:26And right now, what we're honed in on, what we're focused on is
- 17:30getting the market maker that'll enable us, that'll open, it'll
- 17:34open a lot of doors for UFD, let's just put it that way.
- 17:38And from what I understand that you guys, we got very smart,
- 17:43talented people at high levels working on these projects, on
- 17:48the Kraken project. But there's also, from what I
- 17:51understand, other conversations occurring as well.
- 17:55OK, not promising anything. I'm not predicting anything.
- 17:58But I can tell you right that there are some other
- 18:01conversations happening as well. We'll see how it all plays out.
- 18:04I'm not guaranteeing anything in that regard.
- 18:07But let's just say this organic movement that you've created, do
- 18:11you feel, do you feel it with UFD that like it's taking on a
- 18:17life of its own, right? I mean, it's not like anything,
- 18:21how do I say this? I don't want to put myself down,
- 18:24but and I love to see it like it's like now get this phase
- 18:28where it's expanding beyond beyond really like just my
- 18:33influence. So great job.
- 18:35What you're doing is working. Remember, you can make a
- 18:38difference. You can make things happen.
- 18:40OK, and then I just do a little math for fun.
- 18:44If we have to raise, let's say 70,000 more dollars, OK, seven.
- 18:49I know it's a lot of money, lot of money to me, a lot of money
- 18:51to you. I understand.
- 18:53But if we need to raise $70,000, if half of the of the dusters,
- 18:59right half that would be 20,000 dusters all donated $3.50 that
- 19:05would that would be done. It would be done.
- 19:08So please, you know, don't, don't donate anything you can't
- 19:11afford. Be responsible with how you
- 19:14invest, how you donate everything else.
- 19:16But let's do it guys, We can, we can make this happen.
- 19:18It can be a good thing for us and our community.
- 19:21Let's do the duster of the day, right?
- 19:24It's fun. This is the fun fun.
- 19:26Let's have some fun because everybody in this community
- 19:30makes a difference. Everybody matters.
- 19:34You matter, I matter. But today we're going to focus
- 19:38on our friend, make sure I've got it up there properly, which
- 19:41I do. Geez nuts.
- 19:45Geez nuts. You are the duster of the day.
- 19:48People love this guy, a very passionate duster who is out
- 19:53there working. Feels like 24/7 to spread the
- 19:56good news about Unicorn fart dust making a big difference and
- 20:01we appreciate you. Geez Nuts.
- 20:02You are the duster of the day and I'd like to read to you all
- 20:07a little paragraph that he sent me to communicate.
- 20:10This is his message to you. He says good day Ron, Tashi,
- 20:16Susie and fellow dusters, it's an honor to be recognized as
- 20:20Duster of the Day. I go by the alias Geez Nuts.
- 20:24I'm based in Orlando, FL. I've been in crypto since 2021
- 20:28and must say this is the only community I have actively
- 20:33participated in. Think about that guys.
- 20:36He's been in crypto 4 years. This is our This is the only
- 20:39community that he's participated in.
- 20:42I hear that from so many people. When I discovered UFD last
- 20:45December, I genuinely thought it was going to be one of those
- 20:49pump and dump coins which made me stay clear, stay clear off
- 20:53until I got to watch a couple of live streams.
- 20:55At a point where trading pump and dump coins became mentally,
- 20:59physically and emotionally overwhelming, you restored my
- 21:03faith and believing in something.
- 21:07Oh, no, you don't see anything. Come on stream, yard.
- 21:14What are you doing? Hold on here, guys.
- 21:21Just don't see what you're showing.
- 21:22Do you see it now? Hold on, guys.
- 21:29Hold on one second. Do you see it now?
- 21:33So all you you do see the paragraph.
- 21:39OK, Thank you. You're welcome.
- 21:42OK. Sorry, guys.
- 21:44Stream Yard. Get your act together, will you?
- 21:46Please? I'm not going to go off on
- 21:48stream Yard here for long, but they keep changing things and
- 21:51they get these black screens. You know, we're all paying you a
- 21:54lot of money to do this. Please get your act together.
- 21:57Anyway, you restored my faith and believing in something.
- 22:00UFD is no ordinary token. It is a movement that will be
- 22:04spoken about for many generations to come.
- 22:07I'm not a man of many words, and I'm sure you don't want to make
- 22:10this about me, but you're a good man.
- 22:12Ron Tashi, thank you. And I will be sure to go down in
- 22:16the history books of digital currencies, no doubt about it.
- 22:19I love this community and what we stand for.
- 22:23We are different and I'm eternally grateful for new
- 22:26connections and friendships made.
- 22:29UFD equals family, love, respect, transparency and trust.
- 22:34Couldn't wish for another. I'm committed to bowl posting
- 22:37every day and now onboarding more and more butter cups.
- 22:41Come on butter cups, join us. God bless you Ron, Susie and the
- 22:45entire community. Divine favor is on our side.
- 22:48Zoom, zoom, zoom. We going to the moon.
- 22:52All right, my friend. All right.
- 22:55Geez, nuts. You're beloved by the community.
- 22:57By the community. You're beloved by us.
- 23:00You are the duster of the day. Excuse me.
- 23:04Here is your golden horn. Let's get it on there properly.
- 23:07Everybody, please, please, please, please go check out.
- 23:11Geez, nuts. I'll put out a post later on.
- 23:13Follow him. That's one way we can all help
- 23:16each other. OK, I got to.
- 23:18I'm going to preach. Preach for a second.
- 23:21Yes, we all have these great individual talents.
- 23:23Some of us have the gift of gab. Some of us are artists,
- 23:26musicians, technical abilities, web development.
- 23:30Look at what Emma's doing with all kinds of things.
- 23:32Look at what Crip wizard. Look at what Elton.
- 23:34I don't want to name names, but you know what you're all doing,
- 23:37right? Right.
- 23:38I mean, guys, it's a big, big deal what you're doing to make
- 23:42this community what it is. So keep it up.
- 23:45Thank you very much. Let's go over.
- 23:48Speaking of Emma, they had the big beanie, Beanie Buddies
- 23:52contest. I want to run through quickly
- 23:56here and show you kind of the resolution of that.
- 24:05Who won? OK Dusters, we have winners in
- 24:08the contest. A quick recap.
- 24:09Beanie Buddies was a contest to help grow UFD by sharing your
- 24:13beans. You got to be participate over
- 24:1860,000 beans with new dusters. OK.
- 24:22Oh wow this is awesome. So somebody won the Ledger Flex
- 24:27that was donated by our sponsor Ledger Bure 96 NFT, the 10,000
- 24:32bean winner. In Murano 91 we have 5000 bean
- 24:36winners, Buju Crow G Roth, Trench Fox and Zuck Tacker, the
- 24:401000 bean winners, but I'm going to read them all.
- 24:43What the heck 5 bet me at 9 ghost big Ginge 22 gnome ho
- 24:49Ollie 004200 same wise under score Ganji Sarah tally.
- 24:55All right, good job, Sarah trial 39 and a three KY E right.
- 25:00That's that's the burger man congratulations if I got that
- 25:04correct and UFD gang. So congratulations, guys.
- 25:08What a big deal. You know, we continue to spread
- 25:12the dust. We continue to get out there on
- 25:15a date, come on on a day by day basis and make this happen.
- 25:23OK, Oh my gosh, I almost forgot today.
- 25:26I got this in the mail yesterday and I got to tell you, I love
- 25:31all the things you guys send me, but this is this is like my new
- 25:34favorite hoodie. Good.
- 25:36Am I doing that wrong? Hand this hand.
- 25:39Hold on. Oh, wait a minute.
- 25:40I can do it this way. There we go.
- 25:42There good. Attracts good.
- 25:45This was sent to me from. I want to give some recognition
- 25:48here as well. Boom.
- 25:58Make sure I got that up. There we go from our friend Ox.
- 26:01Ox Dobbs. Dobbs.
- 26:02OK, Thank you, my friend. I absolutely love this.
- 26:05Actually, he sent one along for Susie as well.
- 26:09She's wearing it this morning. Thank you, Dobbs.
- 26:12I love this. You're going to see this very
- 26:14often, guys. This good attracts good.
- 26:16The fabric is awesome. It feels high quality.
- 26:20And I tell you what, this embroidering, I don't know if
- 26:24you can see it here. Wait a minute.
- 26:28I don't know if it's going to show up very good for you, but
- 26:30it's like diamonds. It's really pretty.
- 26:34Very. It's like white but shiny.
- 26:35It almost looks like diamonds. So thank you, Dobbs.
- 26:38I also hold on here. What did I miss?
- 26:42OK, Oh, I put the beans in Ledger.
- 26:44OK. I also want to say thank you to
- 26:47our friend Rushi, who sent along this.
- 26:52OK, this is a light up sign. That is absolutely awesome.
- 26:57He'd sent one or they'd sent one that I gave to my dad for his
- 27:01birthday. So then they sent three more,
- 27:03one for me and one each for two of our key community members.
- 27:07That thing lights up. If I light it up, that right
- 27:10there, unfortunately it screws the camera up.
- 27:13I'm trying to work through that because I've got this beautiful
- 27:15neon sign there as well. We got.
- 27:18How many unicorns do you see on the screen?
- 27:21Hold on, there's one. There's one, there's one, but
- 27:26look, there's a little bitty one right there by our friend Pudgy
- 27:29Penguin right there, right from when we won the Meme Coin of the
- 27:35Year award. There's probably more in the
- 27:38screen as well, but what the heck, we'll just point those
- 27:40out. OK, OK, now let's talk about
- 27:43we're going to do a little you guys want we're we're going to,
- 27:46we're going to go off track. But this has everything to do
- 27:49with Unicorn fart dust. OK, And I'll explain to you why
- 27:53in a second. But there's we, we need to keep
- 27:56an eye on what's going on in the broader markets right now.
- 27:59That'll affect things like precious metals, it'll affect
- 28:03the value of the dollar, it will affect the value of crypto
- 28:06currencies and and a Unicorn fart dust as well.
- 28:10But now you can sound fancy when you're out hanging out with your
- 28:13your friends. I'm going to give you some and
- 28:15I've talked about this for years.
- 28:17I'm often very, very early on my predictions.
- 28:20And a lot of times when you're early on a prediction, it feels
- 28:24a lot like being wrong. But now apparently the rest of
- 28:27the world is caught on that the United States economy is headed
- 28:31towards what is called stag inflation.
- 28:34All right, let me show you this real quickly then I'm going to
- 28:36explain to you what this means is you're going to be hearing a
- 28:40lot about stagflation probably in the coming throughout the
- 28:44rest of 2025. Be prepared.
- 28:46Look, I don't have a crystal ball, but I can tell you now
- 28:49it's being talked about in mainstream media and it's
- 28:53happening, OK. And they only talk about bad
- 28:56things on mainstream media until it's already going on.
- 29:00They don't like predict that we're they they will only
- 29:03recognize things like recessions, big inflation after
- 29:07it's already happening because, well, there's a lot of theories
- 29:10why we'll leave that alone. But let's go out here.
- 29:13I'm going to pull up this article.
- 29:15We aren't going to read this whole article, but it was on
- 29:17Yahoo Finance. The scariest word, the scare.
- 29:21I'm not you sharing the right screen now I am the scariest.
- 29:28All right there we go. Gotcha.
- 29:32OK, the scariest word in economics is back morning the
- 29:36this is from the morning brief on Yahoo finance.
- 29:39Will you go? I hate these pop up heads after
- 29:43after a sampling after sampling an economic cocktail of
- 29:48inflation and slowing growth stirred up first by tariff
- 29:52uncertainty, not now by actual tariffs.
- 29:55Hints of another unsavory concept are wafting through
- 29:59stagflation. All right, now, we're not going
- 30:03to read this whole article, but I want to say this.
- 30:05The Wall Street Journal is talking about it, Bloomberg.
- 30:09Those are the two biggest mainstream financial news
- 30:12networks, and also CNBC, which a lot of us call CNBS.
- 30:17Even bringing up the word is an indicator in and of itself,
- 30:22feeding a cycle of expectations and altered behavior.
- 30:26So enough of that. I'm not going to bore you with
- 30:28reading through that entire article, but I want to explain
- 30:32to you so you know what stagflation is.
- 30:36Take the word stagflation. Break it in.
- 30:39Stag doesn't mean a stag party or a or a horse or anything else
- 30:44or a Unicorn. Stag stands for stagnant
- 30:47recession like that that that refers to the economy being
- 30:51stagnant recessionary environment.
- 30:54Inflation refers to inflation. So I need to get my old friend
- 30:59Gomer Pyle, Jerome Powell from the United States Federal
- 31:02Reserve to show you why this what it what the impact will be
- 31:07on the economy, interest rates, monetary policy, all that good
- 31:11stuff. You're going to learn.
- 31:12Hold on one second. I made this box 2 years ago,
- 31:16probably 2 1/2 years ago. You can check me.
- 31:19Says right there, do not open. OK.
- 31:22On one side of the box is an R, which stands for recession.
- 31:27That's the stag in stagflation, a recession, a slowing economy.
- 31:32On the other side is inflation. You know what inflation is?
- 31:37That means when you go to the grocery store and what used to
- 31:39cost you $100 now cost you $150.00 or $160.00 or whatever,
- 31:45$120.00. That means the value of the
- 31:47dollar going down. Why is stagflation?
- 31:51Stagflation is the scariest thing in the world to this guy.
- 31:56He hates it. Our old friend Jerome Powell,
- 32:00right? You know right.
- 32:02Remember, what Jerome loves to do is this print money.
- 32:07That's the only thing he knows how to do.
- 32:09It's the only thing the Fed has done.
- 32:11Print, print, print, print, print because they can print
- 32:14unlimited amounts of dollars. But here's the interesting part.
- 32:20Maybe we'll we'll let him peek out now.
- 32:21We'll shut him up. Why stagflation is such a big
- 32:25deal is because when there's a recession, why is there a shadow
- 32:30on that? That's bugging me.
- 32:32There we go. When there's a recession, OK,
- 32:35what the Fed will want to do is lower interest rates.
- 32:39When they lower interest rates, that lowers the value of the
- 32:43dollar. And when the value of the dollar
- 32:45gets lowered, what that does is it creates more inflation.
- 32:51Come on. OK, Now then that becomes a
- 32:57problem because we already have high inflation.
- 33:00And so to fight inflation, what they have to do is raise
- 33:03interest rates. But if they raise interest
- 33:06rates, that makes the economy slow down more.
- 33:09So they're in this damned if they do, damned if they don't
- 33:14type environment with stagflation is like I used to
- 33:18say, if you went to the United States Federal Reserve
- 33:21headquarters in Washington, DC and said, oh, stagflation, it's
- 33:26like worse than it's worse than screaming fire, right?
- 33:29They all scurry out of the building like a bunch of little
- 33:31rats. No comment on that.
- 33:34But none the less that is, is a is a very precarious situation.
- 33:40Stagflation is what occurred in the United States in the 1970s.
- 33:44That's when that was there was no, I was a little baby boy.
- 33:47I barely remember it. But but during the
- 33:50stagflationary period of the 70s, there were no
- 33:53cryptocurrencies, right? But there was gold and silver
- 33:56and gold and silver skyrocketed in price.
- 34:00Now, and I always say this, you don't have to agree with it, but
- 34:04there's real big similarities between crypto and precious
- 34:09metals, undeniable, OK? The big difference is that one's
- 34:12physical, one's electronic, and some other minor differences.
- 34:16But essentially in terms of how they react to market conditions,
- 34:20I believe there's a lot more similarities than there are
- 34:23differences as we move into this stagflationary environment.
- 34:28Because remember, this guy is up a Creek without a paddle, right?
- 34:34They're putting in all these tariffs that's going to create
- 34:36inflation. That's going to create
- 34:37inflation. The only way they can fight
- 34:39inflation. Remember this, the only thing
- 34:42they can do is, is, is, is, is raising interest rates.
- 34:47If they raise interest rates to fight inflation from where they
- 34:51are now, that slows the economy down even more.
- 34:55Well, then they run over there and they're like, oh, the
- 34:57economy's going down, the economy's going down, we need to
- 35:00cut rates. Well, then they cut rates, but
- 35:03then boom, that creates even more inflation.
- 35:07It becomes a very unpalatable cycle for these big economists.
- 35:14But what does well in those environments are things that are
- 35:17finite in nature. OK, That's why silver and gold.
- 35:22I mean, gold and silver went up multiples.
- 35:24I think like silver went up like 50 times and valued between 1970
- 35:29and 1980, maybe even more. Gold went up crazy amounts to
- 35:35things that are finite in nature, Things like this, right,
- 35:39Unicorn fart dust, cryptocurrency, probably things
- 35:44like Bitcoin, right, are going to do very, very well in that
- 35:49environment because they are independent from the Fiat
- 35:54monetary system, right? What we look at, when we're
- 35:56looking at Jerome Powell, what we're talking about is monetary
- 35:59policy. What the government does, like
- 36:02what Elon and Trump are doing, that is called fiscal policy.
- 36:07That's the government's fiscal policy.
- 36:09There's a big difference. Monetary policy is like the
- 36:12Wizard of Oz magic, magic Wonderland.
- 36:16You know, it's like, it's like a, it's like a carnival fun
- 36:18house that Jerome Powell runs. And and as that continues to
- 36:23suffer, right, we got to remember that certain things
- 36:28operate independent. We measure Unicorn fire test in
- 36:31dollars, but people in different countries, right?
- 36:34They measure it in different currencies really, right.
- 36:37Like, see if I can explain this to you.
- 36:40UFD, we can measure it in beans, how many beans, right?
- 36:45We we choose because we are so, for lack of a better term,
- 36:50brainwashed. But accustomed is another word
- 36:52to say it are so used to thinking of things in dollar
- 36:55terms that we measure it in dollar terms.
- 36:58If you can make that leap and understand, if we can think
- 37:03about UFD in terms of how many beans we have, you know, and
- 37:06compare how, how many UFD beans does it take to buy a dozen
- 37:11eggs? How many UFD beans does it take
- 37:14to buy a gallon of gas, right. We can actually separate
- 37:18ourselves from thinking about things in U.S. dollar terms.
- 37:22I know that can be a little bit of a leap, but trust me, OK,
- 37:26that it's, it's, it's the, IT is the reality.
- 37:29And the icing on top of the cake is that there's only this.
- 37:33I can't make that jug any bigger, OK, I can't make that
- 37:37jug any bigger. So unfortunately, due to some
- 37:41poor decisions over the decades by our previous government
- 37:46administrations of all types not making a political statement, we
- 37:51are in a precarious situation where the value of the US
- 37:55dollar, you know, unless they change the laws of mathematics
- 38:00and somehow change the fact that 2 + 2 = 4, which they can't do
- 38:04because mathematics shows no forgiveness on the altar of
- 38:07truth, We're in an environment where the real value of the US
- 38:12dollar, unfortunately, and I love this country, I love what
- 38:15the founding fathers did, but the reality is the real value of
- 38:19the dollar will likely continue to go down.
- 38:21It's designed to do that anyway. Under the best case scenario,
- 38:25they want to have 2% inflation, which means slowly over time,
- 38:30they boil us like frogs and take away the value in the dollar.
- 38:34I know I'm on a big rant about economics, you know, but that
- 38:38again, it how does it tie back to UFD?
- 38:41It ties back to UFD because this is independent of the Fiat money
- 38:48system. It's on the blockchain.
- 38:51It's completely independent. So as we, as we Swatch what's
- 38:55going on with this carnival of monetary and fiscal policy and
- 39:00what's going on with the US dollar and I and I want what's
- 39:03best for our country. Don't get me wrong.
- 39:05But I can also rest assured that like certain things, including
- 39:09gold and silver, including land, including other real assets that
- 39:14are finite in nature, including my beloved friend Unicorn fart
- 39:19desk. Wait a minute, can do very, very
- 39:23well. Thank you for watching.
- 39:24Thanks for being here. OK, guys, let's keep this up.
- 39:27Keep up the unbelievable community engagement.
- 39:32But what is community engagement?
- 39:34It's this right now. It's you doing what you do every
- 39:38single day. Keep up the good work, OK?
- 39:41Be good to yourself. Number one.
- 39:43I need to remember that too. All right?
- 39:45Be good to yourself. Give yourself a hug.
- 39:47I don't know whatever you do, but you know, be good to
- 39:50yourself. It'll give you a good
- 39:51foundation, and you need that. We need that from which we can
- 39:55go Do good for other people. Have a great day.
- 39:58I'll see you soon. Oh, wait, wait, wait, wait,
- 40:01wait, wait. I keep forgetting the fun.
- 40:04We got to do the fun. I got 2 quick memes we're going
- 40:06to look at. Hold on here.
- 40:08Don't leave. And that's not a meme.
- 40:12That's a meme. This one came from our friend at
- 40:15Bryan Life. I love these things.
- 40:19He's a, he is a very talented artist.
- 40:22A lot of you guys are keep it up.
- 40:24Here we go. He's been eating beans, and you
- 40:28know what that means. That's funny.
- 40:34What are you doing there, Unicorn?
- 40:41Good job, Brian. I love it.
- 40:43Let's go look at one more. I didn't even look at this.
- 40:47I was in such a hurry. When I can't.
- 40:48Oh, I love this one. I saw it last night and I'm
- 40:50forgetting to share it now. I'm sharing it.
- 40:53This came from underground crypto.
- 40:55Something about that style. I really think it's cool.
- 40:59Look at that. I don't think there's music with
- 41:02that. Now it's just three seconds.
- 41:04Get all the unicorns going in. All right, guys, thank you.
- 41:08Thanks for everything you're doing.
- 41:09Thanks for being part of the basement.
- 41:12And I will see. Hold on.
- 41:15One more smile for all of us. All right?
- 41:17Be good to yourself, Be good to other people.
- 41:20Let's spread it around the world.
- 41:21Let's keep it going. Have a great day.
- 41:24All right, I'll see you soon. Thank you.