Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / NO JOKE! - $UFD - UNICORN FART DUST meme coin

Transcript

NO JOKE! - $UFD - UNICORN FART DUST meme coin · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:38
  Good morning Dusters, welcome to Duster Club and what a week,
• 0:42
  what a couple weeks it has been. I spoke with someone very smart
• 0:47
  and very influential in the crypto sector, in the meme coin
• 0:51
  sector last night and they told me something about our Unicorn
• 0:54
  fart dust that I thought was just absolutely shocking,
• 0:59
  absolutely pertinent to what we are doing right now.
• 1:02
  What this person told me and why I'm going to explain that to you
• 1:07
  is basically that if we don't thrive, if Unicorn fart dust
• 1:11
  doesn't thrive through the cycle in crypto, that basically none
• 1:16
  of the cryptos, none of the meme coins I mean, will do well.
• 1:21
  That if we don't make it, nobody should make it.
• 1:23
  I'm going to give you the reasons why in this video, but
• 1:26
  first, my disclaimer. This is not financial advice.
• 1:29
  Don't buy or sell anything based on anything that I say.
• 1:32
  I'm speaking about Unicorn fart dust because I believe in it.
• 1:36
  Because I own a huge number of beans.
• 1:39
  It's a big investment to me, but I'm not a financial advisor.
• 1:42
  Be responsible with any of your investments.
• 1:45
  Oh, and I do need to disclose to you that last night we did
• 1:49
  purchase 100,000 beans. As a matter of fact, today is
• 1:53
  Susie's birthday. You may want to wish her a happy
• 1:57
  birthday. Everyone out there industrial
• 1:59
  and happy birthday to Susie. What's that?
• 2:08
  OK, I just really screwed up. I don't know.
• 2:10
  I'm thinking today's her birthday.
• 2:12
  Her birthday? She just yelled at me from
• 2:14
  upstairs is actually tomorrow. In which I knew.
• 2:17
  Anyway, today I was asking her what she wanted and she wants.
• 2:21
  Guess what she wants for her birthday?
• 2:23
  She wants beans. Hold on.
• 2:24
  Let me. I need to call her on the mic on
• 2:26
  the walkie here and apologize. I'm sorry, sweetie.
• 2:30
  I don't know why I got that screwed up.
• 2:32
  I'm sorry. And do you have your walkie on?
• 2:39
  OK. I'm sorry.
• 2:40
  Tomorrow is Susie's birthday. I'm sorry.
• 2:42
  I did that over. Today is my mom's birthday.
• 2:49
  OK. All right, let's get back into
• 2:50
  this now that I have Susie's birthday straight.
• 2:53
  Boy, you know, that's the worst of the difficulties we'll have
• 2:56
  here this morning. We'll be doing good.
• 2:58
  But why did this person say this?
• 3:00
  Why did this person say Ron? If UFD doesn't make it, none of
• 3:05
  the meme coins will likely make it or should make it.
• 3:08
  Then here was the reasoning behind it, which I found.
• 3:11
  It was very enlightening, very eye opening for me that we are
• 3:15
  the most universal, the most decentralized and democratized
• 3:22
  store of value in the meme coin sector.
• 3:25
  Now that's a lot to say that's a mouthful, so let's break it
• 3:28
  down. Let me give you some examples.
• 3:30
  Democratized means that we are by the peoples like democracy,
• 3:35
  the people decide, you decide who has value, you decide where
• 3:42
  to asset assigned value. And UFD is one of the most
• 3:46
  democratized meme coins that's really probably ever been
• 3:50
  created. Now there's some other great
• 3:52
  ones. I'm not I'm not saying, but you
• 3:54
  know, we are in that top 1% of the pure democracy.
• 3:58
  And that's actually something about crypto in general, the
• 4:02
  real crypto, the real things like Bitcoin, the real pure
• 4:06
  meaning behind Bitcoin. Because look, just I'll, I'll
• 4:09
  tell you my impressions after three months.
• 4:12
  A lot of the cryptos, a lot of these other coins, they get
• 4:16
  started by big venture capital firms and big business have been
• 4:20
  kind of polluted, if that makes sense.
• 4:22
  It almost seems like they they invest all this money and make
• 4:26
  all these promises and then they use the retail investor right as
• 4:31
  exit liquidity, whereas we're more of a pure, you know the
• 4:34
  story. I sat down here, right, 54 year
• 4:38
  old and and did an experiment and started a meme coin for $100
• 4:42
  and the people decided it's democratized.
• 4:45
  It's like democracy and we have this like absolute pure
• 4:50
  opportunity from that perspective and the fact that
• 4:53
  we're also decentralized to the state.
• 4:57
  Look, guys, here's the reality, right?
• 4:59
  I just told you the story. I was a skeptic on crypto
• 5:02
  started this thing, but what what resulted from that was that
• 5:07
  we have this complete decentralized structure.
• 5:11
  This is headquarters and I will sit here and tell you yes, I'm
• 5:14
  dedicated. I will work.
• 5:16
  I will be here. You're my friends.
• 5:18
  Oh, by the way, hold on. I got to remember horns up,
• 5:22
  dusters, horns up, right? Good, attracts good.
• 5:26
  We need to say that every day here in Duster Club.
• 5:29
  But this decentralized structure that we have where you got a guy
• 5:34
  in his basement, right, that started it for 100 bucks and
• 5:38
  it's spread right all throughout the world.
• 5:42
  Everybody has the same fair opportunity.
• 5:46
  That means if you're sitting in a in a country in Central Africa
• 5:50
  and you have a phone, you have the same opportunity with
• 5:54
  Unicorn fart dust that a person in Chicago sitting on the 84th
• 6:00
  floor of whatever it's called now Willis Tower, I think's what
• 6:03
  they refer to it. You have the the person in in
• 6:07
  working off a little solar panel with a cell phone in Central
• 6:10
  Africa has the same opportunity as the guy on the 84th floor of
• 6:15
  Willis Tower. We provide this absolute equal
• 6:20
  fair level playing field. And on top of that, this guys
• 6:25
  he's he's, he's a smarty pants, right?
• 6:28
  He reminded me. We are the people's coin.
• 6:30
  We are the underdog. We are the coin that didn't
• 6:34
  spend any money on getting ourselves promoted.
• 6:37
  We didn't spend any money on any other type of major marketing
• 6:42
  campaign, right, to influence people to buy us.
• 6:46
  It happened organically. It happened 100% on an organic
• 6:51
  level. That is unique, that is special.
• 6:53
  We are amongst a handful of coins who can claim that, right?
• 6:58
  There's no big money. Trust me, I don't have a rich
• 7:00
  uncle sitting over there in the corner feeding US money, saying
• 7:04
  no. So as we go through, right, what
• 7:06
  is now this core building process that we're in, right?
• 7:10
  It's no, it's, it's, it's hard, right?
• 7:12
  Let me tell you something, guys, let me tell you something.
• 7:14
  Buttercup dusters and diamond hoove dusters.
• 7:19
  There's got to be a new level above diamond hooved within our
• 7:23
  community because that's what the people who are buying now,
• 7:26
  we're like the we're like the diamond hooves that are that are
• 7:30
  signing up for the long term commitment.
• 7:34
  Right, Not going to sell. Not I was talking to this guy
• 7:36
  last night and I'm like, I'm not, I'm not selling.
• 7:38
  I've never sold. I bought beans last night.
• 7:42
  Looks like I'm going to be buying more today for Susie for
• 7:44
  her birthday. So there's your Full disclosure
• 7:47
  and I did. Let me back up.
• 7:49
  That's something else that's different about us, man.
• 7:51
  There's so much that's unique about our special opportunity
• 7:54
  here with Unicorn Fart Dust. I will always tell you before I
• 7:59
  do anything before that will have any impact on Unicorn Fart
• 8:04
  Dust. 100% transparency. So yesterday during the live
• 8:08
  stream, I told you I'd be buying some beans.
• 8:10
  OK? Last night I bought beans and I
• 8:13
  put a post on X. I'm telling you today we're
• 8:16
  probably going to be buying a few more beans for upstairs.
• 8:19
  Here's Susie's birthday. So later on today we'll keep you
• 8:24
  posted on that as well. Where was I?
• 8:27
  I don't know. It's just everything is so
• 8:30
  everything is so special and unique about this.
• 8:32
  Oh, the level above diamond hooved right, Because that's
• 8:36
  what the people who are who are holding right now and also the
• 8:40
  people who are buying right now are building.
• 8:44
  This is a unique guys. This is this is not going to
• 8:46
  happen again. And by the way, I'd like to say
• 8:49
  that I used channel sponsor Ledger, Ledger, right, the
• 8:54
  leader, right, and hardware wallet technology allowing us to
• 8:58
  help like protect and save our beans.
• 9:01
  I used the the Ledger device yesterday when I purchased the
• 9:06
  beans. I don't keep it here on site,
• 9:10
  but what a wonderful piece of equipment to work with and and
• 9:13
  to know that the beans are now held in cold storage gives me a
• 9:18
  nice level of of comfort. I guess you can say so thank you
• 9:21
  Ledger right and guys, please, please one more quick thing
• 9:25
  about security when it comes to cryptocurrency, please don't
• 9:30
  make the same painful mistake that I made don't think about
• 9:35
  security after something happens do yourself a favor, OK think
• 9:41
  about security before something happens check out Ledger you'll
• 9:45
  find that they're the leader again in crypto security
• 9:48
  hardware wallet technology, and I have an affiliate link it's in
• 9:52
  the description of this video and it's on the link tree.
• 9:55
  So thank you Ledger thanks for helping us here at Unicorn fart
• 9:58
  desk. There's another big, I think if
• 10:00
  you heard this, what does it mean?
• 10:02
  Like, look, look, look, the whole crypto sector is being is
• 10:07
  being kind of pummeled lately, OK, you know that I know that we
• 10:11
  don't want to focus on that. That gives us an opportunity to
• 10:15
  grow stronger. Again, I was talking to another
• 10:18
  influential person in the crypto sector.
• 10:21
  There's people that are speculating will say right that
• 10:25
  what's been going on with UFD lately is the result of some of
• 10:29
  the big the early investors may be selling some of their beans.
• 10:33
  OK, but this person brought up a point, right?
• 10:37
  And there's a big reason why we want to pay attention to this,
• 10:40
  why this is very important. He said there's a finite amount
• 10:44
  of time and beans a finite a limited that these these early
• 10:50
  big investors can liquidate within UFD.
• 10:54
  But, and here's the but you know, I like big butts and this
• 10:58
  is a big, big butt. And we got to remember on top of
• 11:01
  that, that us so they have a finite amount of beans.
• 11:05
  There's only right, you know the story, you know it.
• 11:08
  Oh, my beans aren't my beans aren't level.
• 11:10
  We got some crooked dusters, some crooked crooked.
• 11:14
  There we go. Hold on, there we go.
• 11:16
  There we go. There's a finite number of
• 11:18
  beans. There's only so many that any
• 11:23
  whale or big holder, somebody who may be bought early, there's
• 11:27
  all kinds of speculation. I'm not going to go into detail,
• 11:31
  but we know one thing for sure about it.
• 11:33
  There's only so many beans that if indeed it's true, there's
• 11:36
  some big seller or big holders that are they're kind of
• 11:39
  liquidating at this point. It's limited our ability as
• 11:44
  dusters, our ability as diamond hooves, right?
• 11:48
  Our ability as a community to stand strong and to continue to
• 11:54
  build, right, and to and to galvanized and to forge
• 11:58
  ourselves and to absorb that. That's infinite, right?
• 12:01
  They got a finite number of beans.
• 12:03
  They maybe want to get rid of our ability to remain here,
• 12:07
  right? To remain this pure
• 12:10
  democratized, decentralized, universally accepted a
• 12:15
  cryptocurrency, it is infinite our strength as dusters.
• 12:19
  I don't know I'll ask you, do you feel it?
• 12:21
  Do you feel like your strength as a holder of Unicorn fart dust
• 12:25
  is strong and your ability right to withstand these storms
• 12:29
  strong, right? Look, I look, I don't have a
• 12:31
  crystal ball. You know that, right?
• 12:34
  What I have is my ability to come on here and be honest with
• 12:37
  you, be transparent with you, show up everyday like you're
• 12:41
  showing up everyday like you're here right now building this
• 12:45
  thing for what we believe, right?
• 12:47
  Definitely can be a much, much, much brighter future.
• 12:52
  Let's take a look at this. Let's look at some data.
• 12:54
  Our friend Emma Bear. Emma, we love Emma and Emma put
• 12:59
  out this great post. This is interesting.
• 13:02
  What? What is it?
• 13:03
  Let me get back and look you in the eye.
• 13:07
  What does it mean? Think about this, right?
• 13:12
  We're three months old, three months old.
• 13:15
  And what does it mean that we're at the top of all these lists
• 13:19
  within the Solana meme coin universe?
• 13:21
  I want to give you an example right now and get and I want to
• 13:25
  I want to hear what you think about this because I think this
• 13:29
  shows some incredible potential for where we could be headed.
• 13:34
  A quick UFD analysis during the most brutal downturn in UFD
• 13:38
  short history, mid sized holders are accumulating UFD is ranked
• 13:43
  second in all Solana based meme coins and it's percentage of
• 13:52
  holders with $10,000 or more invested ahead of much larger
• 13:58
  and older projects like Giga Popcat a whatever 16Z and and
• 14:04
  with I think that's dog with that.
• 14:06
  So let's look at this sheet that she pulled up.
• 14:11
  There we are. OK #2 right.
• 14:14
  And Fartcoin, Fartcoin's been around.
• 14:17
  Fartcoin is, is has had established itself well in
• 14:21
  advance of UFD being created. OK, that doesn't mean that,
• 14:25
  that, that, that we can't catch them.
• 14:30
  We've got the magic gas, right? The magic fart.
• 14:33
  But anyway, the total holders, we're still right around 40,000
• 14:38
  if we go to this middle column. Let me get my crayons out here
• 14:41
  because I think this is what we want to pay attention to.
• 14:44
  If we look at these columns, OK, ten, $10,000 plus number of
• 14:51
  $10,000 plus holders and percentage of $10,000 plus
• 14:57
  holders. So we have 609, but guys that
• 15:01
  represents over 1 1/2 percent of our holding base.
• 15:05
  That puts us in 2nd place above giga, above pocket whip, fog,
• 15:09
  please, punk, punk, Pingu, Trump, Trump, peanut.
• 15:14
  Wow, look at Trump is at .35%. And when we look at some of the
• 15:19
  other numbers, right, $100,000 plus holders, we have 43 of
• 15:23
  those, which to me isn't all that many.
• 15:27
  But what that shows, OK, what that shows and that puts us
• 15:31
  still near the top is that our holder base is distributed quite
• 15:37
  well, OK. If we look over here at the
• 15:41
  $1000 plus holders, OK, we have 2000 people in that.
• 15:49
  And that's a number that I would also be real that I think is is
• 15:55
  very important to look at because that's 5%, which again
• 15:59
  puts us in the Top Rank, not not second.
• 16:02
  The second is for the 10,000 holders.
• 16:04
  So what is this kind of data shows us?
• 16:06
  It shows us that in the Solana, in the Solana ecosystem, we
• 16:11
  continue to remain to be a, a leader, OK.
• 16:16
  And by almost I got This is important because why?
• 16:21
  Why are we a leader? Because by almost any measure or
• 16:24
  metric, we are as good or better than most any of the meme coins.
• 16:29
  We are right up there, guys. We are right there by almost
• 16:34
  every measure, every metric. You know what you're doing
• 16:37
  socially on on X. You know what we're doing
• 16:40
  socially on all these different platforms, by the way.
• 16:43
  Hey, please guys, please go out to our YouTube channel, watch
• 16:46
  this on the YouTube channel, or at minimum, please go out to the
• 16:50
  YouTube channel and subscribe. That will help us a great deal.
• 16:53
  We want and the reason why is we want to, we can reach so many
• 16:57
  butter cups on YouTube on these other platforms.
• 17:01
  We're on abstract, right? Hello, our friends on abstract,
• 17:04
  right. Hello, Luca the Penguin.
• 17:07
  See the Penguin back there, everybody?
• 17:08
  We love our pudgy Penguin friends, but we're also on
• 17:12
  LinkedIn, We're on Facebook, please, right, go out, thumbs
• 17:16
  up, like share and subscribe. I'm supposed to tell you that.
• 17:19
  But by almost any measure or metric, right, we are in the top
• 17:24
  tier of meme coins. That's a big deal, OK, That's a
• 17:28
  huge, huge deal. I believe, this is just my
• 17:32
  belief. Don't make any financial
• 17:33
  decisions that we are grossly undervalued.
• 17:37
  When you compare us, right, on measurement, real measurement,
• 17:41
  social dominance, the numbers we just looked at from Emma, right?
• 17:45
  Any measure or metric, we can use that metric.
• 17:49
  If you look at us on a nominal basis anyway, we're undervalued.
• 17:54
  That's my opinion. Again, I'll say it one more
• 17:56
  time, right? Don't make any financial
• 17:58
  decisions. Always be responsible.
• 18:00
  But to me, if you look at the hard numbers, the data, OK, Did
• 18:06
  you look at the data, buttercup? I'm going to start talking to
• 18:09
  those butter cups now more often, right?
• 18:12
  We appear to be, but not just appear to be, we are
• 18:16
  undervalued, right? And as this community continues
• 18:19
  to forge itself, but there's a bonus, right?
• 18:22
  There's a bonus because right now compared to them, we're
• 18:25
  undervalued, but we're only three months old.
• 18:32
  Think about that, OK and we're comparing ourselves to most of
• 18:35
  these meme coins and we're we're we're right in the same category
• 18:39
  with them, but our price is relatively undervalued.
• 18:43
  But and you know, I like big butts.
• 18:45
  I do not lie right? We're only three months old and
• 18:53
  and we got the best community out there.
• 18:57
  We got the most colt, COLT, coltish community out there,
• 19:03
  right? We're unicorns.
• 19:04
  We're UFDI mean to me. It's just an unbelievable
• 19:09
  opportunity. Now.
• 19:09
  This blew me away. I don't know.
• 19:11
  I kind of felt like we made it, You know, I'm an older, older
• 19:14
  gentleman, 55 years old, I think technically a senior citizen.
• 19:17
  Oh, Grampy here. Hello, Henoch.
• 19:20
  Our friend Henoch, I don't know how to pronounce it now I'm
• 19:23
  confused. But our friend, he calls me his
• 19:25
  granddaddy. I was impressed by this.
• 19:28
  I had no idea. As a as an older gentleman, I
• 19:33
  like Yahoo Finance. OK, so I was out looking at
• 19:36
  Yahoo Finance last night and now today's.
• 19:39
  Is it today or tomorrow? But I think it's tomorrow.
• 19:42
  I'm getting everything mixed up. Tomorrow is Susie's birthday.
• 19:45
  But if you go to Yahoo Finance, I was shocked by this.
• 19:48
  And you type in the search bar UFD.
• 19:51
  OK, I had I had no idea. It actually pulls up our well,
• 19:58
  it did come on. There it is.
• 20:01
  It pulls up our it pulls up our coin.
• 20:04
  OK, look at this. I mean, it's unbelievable.
• 20:07
  I like, I couldn't believe this. I'm like, there's and there we
• 20:09
  are, right? Hang in there guys.
• 20:12
  Hang in there. We are forging right now, but
• 20:15
  like Yahoo Finance, the same place where you go to look at
• 20:19
  let's say Apple stock, right? Look at that 222 it's up.
• 20:27
  But I was just, I mean, what is we've made it right, We're
• 20:32
  established we're not going anywhere anytime soon.
• 20:37
  We are here to stay, right? And the fact that we, I mean, I
• 20:40
  know it's may sound small and trivial to you, but as a, as an
• 20:44
  almost boomer, when I went on Yahoo finance and I see Unicorn
• 20:48
  fart dust actually comes up in the search bar.
• 20:52
  It tells me that we got things going on right and we're still
• 20:55
  winning polls. I talked, we talked about what
• 20:57
  does that mean, right? Let's go take a let's do an
• 20:59
  update here. OK, hopefully you're still
• 21:12
  there. We have a little technical
• 21:13
  problem. OK, We're still listen to this.
• 21:19
  It says I've never seen UFD lose a pole since the coin came out.
• 21:24
  Think that doesn't mean anything?
• 21:25
  Try the official Ledger meme tournament where UFD came in
• 21:28
  first as well. Lesson in that.
• 21:30
  The lesson is that is that even though UFD hasn't lost a pole,
• 21:34
  when a meme corner the token. Yeah, that's what Kellogg says.
• 21:37
  No, the lesson in that is that UFD continues at three months
• 21:44
  old to win meme coin polls, and there was a new one out.
• 21:48
  Darn it, did I miss it? Where did it go?
• 21:51
  Well, there was the new one that was out.
• 21:53
  See, I'm probably not going to pull it out, but we'd made it
• 21:57
  last I'd heard to the semifinals, OK.
• 22:00
  And, and, and and we were doing very well.
• 22:03
  And the fact that we continue to win these polls does say, right,
• 22:07
  that this community is here to stay.
• 22:09
  So thank you, guys. Please keep that up.
• 22:11
  It's time to do Duster of the Day.
• 22:13
  OK, Duster of the day in today's duster of the day is our friend
• 22:18
  JB Starship. There's his Twitter profile.
• 22:24
  There we go JB Starship. He's a he's a hardcore UFD
• 22:29
  supporter has been for a while. But what I love about JB
• 22:33
  Starship is this game that he made.
• 22:36
  If you guys check this out yet, you can go to his please go out
• 22:39
  there right? Follow him.
• 22:41
  I'll put out a a tweet here in a little bit, but let's go take a
• 22:44
  look at the game. OK, I'm going to press play
• 22:48
  again in this game that JB Starship put up is collect the
• 22:58
  Jelly beans. Oh no, my all right, I died.
• 23:04
  Sorry, they gave to me. Let's try that again.
• 23:08
  Here we go. There's a bean.
• 23:14
  You got to collect the beans. I got one, got 1.
• 23:18
  I don't know what this does that make me bigger or something.
• 23:22
  Oh, there's a big bean. So this is an awesome game.
• 23:26
  This is a great example of hold on.
• 23:31
  All right, so I died. A great example of things that
• 23:36
  are going on in the community by people like you to help spread
• 23:41
  the dust, to help spread the word.
• 23:43
  There's a guy who said, hey, I think I could make a game for
• 23:46
  Unicorn fart Dust. He took some action, made the
• 23:48
  game OK. It's helping people learn more
• 23:51
  about UFD. It's the value that we create,
• 23:55
  right? I mean, we are good, attracts
• 23:57
  good. You know that that's important.
• 23:59
  We are honesty, we are integrity, we are prosperity.
• 24:03
  We're also transparency, right? But on top of that, we have a
• 24:08
  lot of fun together. We have a community that
• 24:10
  supports one another. We have a community that's there
• 24:15
  for each other. We have a community that that
• 24:18
  that creates music, art, games, everything under the sun.
• 24:23
  People are stepping up. I understand, right?
• 24:27
  It's been a very difficult time in crypto.
• 24:30
  But I know I don't know people. I don't want to be negative or
• 24:32
  being real, right? It's been a difficult 5 or 6
• 24:35
  weeks, 7 weeks, right? But you as a community continue
• 24:39
  to step up. JB Starship, look, you are doing
• 24:43
  a lot for the community. We appreciate you.
• 24:45
  You are the duster of the day. I want everybody to join me in
• 24:49
  helping me to install his golden horn.
• 24:52
  Congratulations, JB Starship. Everybody go out there and and
• 24:57
  and and and give him a follow. Hey, let's look at something
• 25:00
  fun. You know, I love David Golkstein
• 25:03
  and one of the people that works for him.
• 25:07
  I think this is actually pretty cool looking.
• 25:09
  I love David Put this picture out last night.
• 25:13
  Hold on here. There we go.
• 25:15
  We're going to feature this today.
• 25:19
  David, you're the Co duster of the day.
• 25:21
  David Goekstein, one of his people said breaking Hooters is
• 25:24
  officially filed for bankruptcy. There's and it says David is
• 25:27
  going to kill me. I think that's a good picture of
• 25:30
  the guy. He'd buy some wings from him,
• 25:32
  wouldn't you? I might even add on a a fountain
• 25:34
  drink or something like that. But David's been a big supporter
• 25:38
  of UFD. I put a comment under this said,
• 25:41
  well, you know, if you're, if you're willing to wear a Hooters
• 25:44
  outfit, maybe we can get you into a Unicorn onesie at some
• 25:49
  point when we come and visit you in New York City.
• 25:51
  So I just thought that was fun. And I love that guy.
• 25:56
  He's a great man. I'll have to get him on the live
• 25:57
  stream again sometime soon. Then he also put out this
• 26:01
  yesterday. When it comes to crypto, big
• 26:04
  changes are going on in the world right now.
• 26:07
  And again, his media company put this out.
• 26:09
  That was just in yesterday, Senator.
• 26:11
  Senator Tommy Tuberville plans to introduce a bill that would
• 26:16
  allow Americans to invest their retirement savings into
• 26:20
  cryptocurrency. I mean, Can you imagine that?
• 26:25
  Now? It's just a bill that's been
• 26:27
  proposed. So this isn't a law as of yet,
• 26:30
  but all over the world. Are you seeing it right?
• 26:34
  Yesterday we talked about Japan in Spain.
• 26:37
  I think it was Spain. Well, we did some Spain.
• 26:39
  There was one from France. France is investing.
• 26:41
  We know what's going on in the United States right already
• 26:45
  with, with our, with our current administration.
• 26:48
  And now we have we have senators proposing to allow Americans to
• 26:53
  invest their savings, their their retirement savings into
• 26:57
  crypto. The world is changing very
• 26:59
  quickly. You know, I was trying to
• 27:00
  explain to somebody yesterday about tokenization of things
• 27:04
  like real world tokenization and and and how crypto is this that,
• 27:10
  you know, most people don't understand this person.
• 27:12
  She has a masters degree, smart, you know, whatever masters
• 27:16
  degree. I'm not real big on degrees,
• 27:19
  although I have a bachelors degree, but nonetheless, I was
• 27:22
  trying to explain to her how like the, the the blockchain
• 27:25
  allows that all types of opportunities for D Phi.
• 27:29
  Because I started reading about this thing decentralized
• 27:32
  finance, right, which I understood what the the
• 27:36
  benefits, but I didn't put it together that that's what people
• 27:38
  are referring to with D Phi that the blockchain allows, right?
• 27:43
  This ability to cut out a lot of the BSA, lot of the skimming and
• 27:48
  scamming that goes on in the current financial system, the
• 27:52
  banks, right? I mean, imagine this.
• 27:55
  I tried to explain it to her. I said like, like if you're from
• 27:58
  Mexico and you're here working and you want to send money back
• 28:03
  to your family in Mexico, Previously you were in this
• 28:08
  situation where you would have to like pay like 8% fee the
• 28:12
  Western Union or one of those money transfer places.
• 28:16
  Whereas now you can transfer that money essentially for free,
• 28:20
  right with the, with the, with the, with, with the blockchain
• 28:23
  and that that's a big, big deal. And even on things like like
• 28:27
  tokenizing the, the, the, the titles on your houses and
• 28:31
  cutting out title insurance, like this is a massive, massive
• 28:35
  thing that's happening in our world right now.
• 28:38
  There are really legitimate big benefits, efficiency benefits,
• 28:43
  accuracy benefits, right to tokenization to decentralized
• 28:48
  finance. To me, as I'm learning more and
• 28:51
  more about this, it's almost like how like when the Internet
• 28:55
  first came out, I remember that in the mid 90s people were like,
• 29:00
  what? That doesn't make sense.
• 29:01
  I'll tell you a quick story in 1999 and I worked in the tech
• 29:05
  field. I remember, I think it was a
• 29:07
  story about Bill Gates was building this new mansion up in
• 29:12
  Seattle, I think it was. And he talked about how in the
• 29:15
  future that our houses, even our appliances and our garage door
• 29:20
  openers and our doorbells and all this stuff would be
• 29:24
  connected through the Internet. And I remember I was a young
• 29:27
  man, so my mind was probably more open now than that.
• 29:30
  Then that it was even I remember thinking that sounds insane.
• 29:34
  That doesn't make sense. How could you have your doorbell
• 29:38
  connected to a computer? Does you know, whatever make.
• 29:41
  And guys, it's kind of the same thing that I think a lot of
• 29:43
  people including myself, right, who don't really understand, you
• 29:48
  know what I call it, I call it I'll give you a quick lesson,
• 29:51
  contempt prior to investigation. Everybody I think to 1° or
• 29:56
  another, if we don't understand something, it's easy to be
• 30:00
  suspicious of it. Sorry, I got off on a little
• 30:03
  tangent there, but I think it's very, very interesting.
• 30:06
  Let's talk about the general economy.
• 30:08
  Warning. Warning because what's going to
• 30:11
  happen is liquidation and money printing.
• 30:14
  But now let's go out to CNBC and say what?
• 30:17
  See what they're saying. I've told you guys, let's go
• 30:20
  back here. I've warned you about the S word
• 30:23
  for almost a year and a half. Stagflation.
• 30:25
  We are in a stagflationary environment and now even the the
• 30:31
  leader in in business news, CNBC is talking about it.
• 30:38
  Let's go out to their article here, OK?
• 30:42
  It says first quarter gross domestic product growth will be
• 30:46
  just .3% as tariffs stroke, stagflation conditions, says the
• 30:53
  CNBC survey. OK, economic growth in the first
• 30:57
  quarter just .3%, OK, which was a forecast from 14 economists.
• 31:02
  So that's like stagnant. That means no growth, not
• 31:05
  negative, not positive, pretty much barely positive at .3%.
• 31:10
  But the survey also shows core PC, core PCE inflation, which is
• 31:18
  the the one that the Fed looks at most closely will remain
• 31:23
  stuck around 3% for most of the year.
• 31:26
  OK, back up here. So we have an economy that is
• 31:29
  not growing at all. And then on top of that, we have
• 31:33
  the quote UN quote official government numbers for inflation
• 31:37
  at 3%. Let me let me let you guys end
• 31:40
  this dour forecast come as a decline in consumer and business
• 31:45
  sentiment from the emerging trade war is showing up in real
• 31:49
  economic activity. Wow, there's a lot to unpack
• 31:52
  there OK guys, what this means put on your thinking cap for one
• 31:57
  second. The government OK, or these 14
• 32:01
  economists are saying no growth. I can tell you right the GDP
• 32:05
  numbers, everybody knows all these numbers from the
• 32:08
  government are BS. So that's overstated most likely
• 32:12
  .3%. On top of that, now we have a 3%
• 32:16
  inflation rate. That's according to the the BLS,
• 32:19
  the Bureau of Labor and Statistics.
• 32:22
  Although what I hear, I'm not saying this, but what I hear is
• 32:25
  it on Wall Street, they like to refer to that as the Bureau of
• 32:28
  Lies and Statistics. But none the less, if we got in,
• 32:31
  we got an economy that's not doing anything and inflation
• 32:36
  that's up here, OK, that's stagnant.
• 32:39
  Stag inflation, inflation, stagflation.
• 32:44
  Remember, mark my word, that in the end will be very good for
• 32:50
  things like silver, gold and cryptocurrency.
• 32:54
  Because at the end of the day, they're going to have to print
• 32:57
  money. There's no way around it.
• 32:58
  There's no way around either. They're going to print money.
• 33:01
  I don't want to be at the doomsayer here, but the the ship
• 33:05
  has sailed, OK? Either they're going to have to
• 33:08
  print money or we're going to go into a very bad recession.
• 33:13
  Very bad recession. Might I even say almost a
• 33:17
  depression. Nobody talks about depressions
• 33:19
  anymore, but that's not out of the question.
• 33:22
  I'm not saying that's going to happen.
• 33:23
  I'm not predicting. What I'm predicting, and I'm
• 33:25
  usually accurate to about 66.3%, is that they're not going to let
• 33:30
  us go deep into a recession right now.
• 33:33
  What Trump is doing is forcing this guy, right, this guy to
• 33:40
  take action. Trump loves drama.
• 33:43
  Trump loves borrowing money. Trump loves spending money.
• 33:48
  OK, so he's forcing Jerome at the Federal Reserve, who
• 33:52
  controls the nation's monetary policy.
• 33:55
  OK, You got the, you got the government.
• 33:57
  That's called fiscal policy. That's a big cluster bomb, as
• 34:02
  you know, and you've got the situation going on with the doge
• 34:05
  thing and cutting all this stuff and blah, blah, blah, which
• 34:09
  which isn't really going to make a big I'm I'm I'm in favor of
• 34:12
  efficiency and no doubt about it, but it's not going to fix.
• 34:16
  It's not going to fix the big problem we have.
• 34:19
  It's like, it's like you and your house on the verge of
• 34:22
  bankruptcy and and then suddenly you say, you know what, honey,
• 34:25
  maybe we'll stop going out to eat five nights a week.
• 34:28
  We're going to cut that back to three nights a week.
• 34:30
  Well, that's great, but you're still in big, big trouble
• 34:33
  financially. And that's the fiscal situation
• 34:36
  right now in the United States. It's ugly there.
• 34:39
  He's going to have he's going to force the Fed into a situation
• 34:43
  where they provide massive liquidity to the US economy and
• 34:48
  that will filter through into the into the crypto market, into
• 34:53
  a lot of different markets. A very, very fertile ground for
• 34:56
  all of those. The other thing I want to touch
• 34:59
  on with you guys was yesterday was supposed to be this big
• 35:02
  silver squeeze. I don't think it had much impact
• 35:05
  at all. You know, I love silver.
• 35:07
  Silver in my opinion, and I read this again last night, silver's
• 35:11
  much more the original form of money in the world than anything
• 35:15
  else than gold included. Everyone says, oh, gold, gold
• 35:17
  and gold is, you know, kind of the, the, the Bitcoin of the
• 35:21
  real world long term 5000 year history store of value.
• 35:26
  But silver was used as money way before gold and used as money
• 35:31
  weight much more than gold over the Millennium.
• 35:34
  So there's silver as a result has been one of the most
• 35:37
  manipulated markets in the history of the world.
• 35:40
  And there are people who spent decades studying silver,
• 35:44
  improving that over the last number of decades that it has
• 35:46
  been super manipulated. But there were supposed to be
• 35:49
  the silver squeeze yesterday. It didn't really catch on.
• 35:53
  It didn't go anywhere. But that's not that's that's OK.
• 35:56
  And let me tell you why because the retail investing segment of
• 36:01
  silver is just a small fraction of the overall silver picture.
• 36:06
  The reality for silver is into the world because silver is used
• 36:09
  in everything. Electronic solar panels, medical
• 36:14
  silvers, antimicrobial. Silver is like the most
• 36:16
  versatile metal. I think it has more patents
• 36:19
  include silver than any other metal And you know that with AI,
• 36:23
  with electric cars, with solar growth, the demand for silver is
• 36:28
  far outstripping the amount that the world can supply.
• 36:32
  That's going to be the critical thing as we move into the coming
• 36:35
  years that I think will impact the silver price that in the
• 36:39
  fact think about this in 19, I think what was it 1980 or 2011 a
• 36:47
  couple times silver hit around $50 per oz, Silver trades around
• 36:51
  $34 per oz. Right now.
• 36:54
  Silver is like one of the only assets in the world that has
• 36:57
  that hasn't gone past an all time high, especially when you
• 37:00
  factor in that these all time highs were 1415 years ago.
• 37:04
  Anyway, I digress. Have a great day.
• 37:06
  Thank you for being here, Dusters.
• 37:08
  OK, You're an important part of this community.
• 37:11
  This is not possible without you.
• 37:14
  OK? Be good to yourself.
• 37:15
  Have a good day. Let's go out to the comments
• 37:17
  section for a few minutes. We've been having fun doing
• 37:20
  this. See what's going on in the
• 37:22
  comments. OK, buy and hold before the
• 37:24
  whales. Here we go.
• 37:26
  Let's take this one up. All right, buy and hold before
• 37:30
  the whales enter again. You have D forever.
• 37:33
  Yes, thank you, my friend. Let's see here.
• 37:44
  All right, there's Susie. Thank you for being here.
• 37:48
  All right, All right, guys, we're going to sign off.
• 37:52
  There's Haley. Hello, Haley.
• 37:53
  Hello, UFD Corral Skeleton Jazz. DJ Litmus.
• 37:58
  Good to see you, DJ. Looking forward to your show
• 38:00
  Friday night, the UFD. Good morning.
• 38:03
  Elizabeth is here. Wow.
• 38:04
  Elizabeth Grace talked with her last night.
• 38:07
  Thank you, Elizabeth, for everything you're doing for the
• 38:09
  community. There's Susie, whose birthday is
• 38:12
  tomorrow. Happy birthday, Susie.
• 38:15
  Yeah, guys, please help me. Wish Susie a happy birthday
• 38:18
  tomorrow. All right, Nate, Good to see
• 38:20
  you. Carpenter Patriot, Wayne
• 38:22
  Cordova. All right, guys, we're going to
• 38:24
  end for now. Thank you for being here.
• 38:26
  Thanks for being part of the basement.
• 38:28
  Have a great day. Keep our attitudes positive.
• 38:31
  We got a lot to be grateful for. I've been reading this great
• 38:35
  book about community building and it was talking about Oprah
• 38:40
  Winfrey last night. And you know, she's been
• 38:43
  successful like her and I'm not making any statement, but she
• 38:47
  brought up a good point that like, like thinking positive,
• 38:51
  the importance of thinking positive as you, as you go
• 38:54
  through your daily lives. You know what I like to do?
• 38:56
  I almost forgot, hold on. I got my list here.
• 38:59
  We got to do the three second smile dusters.
• 39:01
  That's where we all look at each other and smile for three
• 39:04
  seconds, which I always feel corny, but people like it.
• 39:09
  Do you like it? Doesn't it feel good to smile?
• 39:12
  Keep smiling with me here. We're gone way over 3 seconds.
• 39:15
  It's a big deal, OK, Good at tracks good.
• 39:18
  Like share, subscribe. I got a list of what I'm
• 39:20
  supposed to say. Number one, please be good to
• 39:24
  yourself. Keep smiling, OK?
• 39:26
  We're we're going to be we're we're we're going to be a
• 39:28
  community for a long, long time. I appreciate you being here.
• 39:32
  All right. And I will look forward.