Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / This is The People's Coin
Transcript
- 0:00Stand with Unicorn FARTA, stand with UFD.
- 0:05We truly are the people's coin. But this is our once in a
- 0:09lifetime opportunity for a lot of us, or maybe our first
- 0:12opportunity to really determine our own destiny.
- 0:16Nobody said that it would be easy.
- 0:18Anything great in life is never easy.
- 0:21We're going to go through UPS, we're going to go through downs
- 0:23and we're going to go through everything in between, but we're
- 0:26going to do it together and we're going to adhere to the
- 0:29original ethos of crypto. We're going to talk more about
- 0:32that later. First, I want to bring to your
- 0:34attention what I think is one of the coolest, most powerful one
- 0:38hour interviews that I saw about crypto in a long time. 2 of the
- 0:42brightest minds in crypto, Raul Paul from Real Vision, I believe
- 0:48it's called, and Keith Grossman, the president over at Moon Pay
- 0:52put out a one hour interview yesterday that I think just wow,
- 0:57it was incredible in terms of the information and not just the
- 1:01information, but the insights that it provided.
- 1:04I'm going to show you here real quick.
- 1:06Let's make sure we're all live up and going.
- 1:08Here we go. Let's go out.
- 1:10I'll show you where you can check this out for yourself and
- 1:12then I'll tell you a couple things that I think I learned
- 1:14from listening to this. But here's Raoul Raoul Pal.
- 1:19He's a famous guy in the world of crypto.
- 1:22I've watched him for years. I believe it's called Real
- 1:25Vision. At least that's what it used to
- 1:27be called. But nonetheless, he had Keith
- 1:29Grossman on from Moon Pay, and man, I'll just play just a few
- 1:33seconds. So there's Raoul on the left and
- 1:35Keith Grossman on the right. Now, why does this matter?
- 1:39Well, look at Venezuela, for instance, right.
- 1:42Last year, I think Venezuela's, you know, 5% of their GDP was
- 1:46remittances. This was like something like
- 1:48$500 billion, right? Imagine if you think about
- 1:52what's really happening because 80% of global remittances in
- 1:55this world start in the US and push out, right?
- 1:58If you think about all the fees that go on, on all of those
- 2:01monies, right, that's 7 to 13% is going so far.
- 2:05Guys, so you've got to watch this one hour interview.
- 2:09It's like a crash course. And why everybody, we'll be
- 2:14using crypto in five to 10 years from now.
- 2:16I think it's a setup like we had when cell phones first came out,
- 2:20when the iPhone first came out, right?
- 2:22It took a while, but within 10 years, everybody was on
- 2:26smartphones. Everybody was using smartphones.
- 2:29It's the same thing with e-mail, the same thing with anything
- 2:32else. And they cover all these
- 2:33incredible things about crypto and why just by pure market
- 2:38forces, it really is bound to take over.
- 2:41It is super exciting. I can't believe that I'm sitting
- 2:44here saying this because nine months ago I didn't own any
- 2:47crypto and what I thought I knew about crypto was really just the
- 2:52tip of the iceberg. And I'll tell you what, watch
- 2:55that video, watch that interview, because you will gain
- 2:58so much information. But not just that, but really
- 3:02they both have a very keen way of explaining things that makes
- 3:06sense about why crypto is. I think they called it the we
- 3:10are in the golden age of crypto. A couple things that I learned
- 3:14that I thought were fascinating during that interview.
- 3:16OK, that crypto will be as disruptive to the financial
- 3:20services industry as the Internet was the media.
- 3:25I mean, remember 20 years ago, maybe you guys can't remember
- 3:28this, but before the Internet really took off and streaming,
- 3:32everything was TV, radio, print, right?
- 3:35It was very siloed, very in the, in the, in the Internet came in
- 3:39and kind of absorbed all of that and transformed at all.
- 3:42I think YouTube now and Google are like the biggest advertising
- 3:46platform in the world. And the same thing is going to
- 3:49happen with crypto and the financial services industry.
- 3:53The second point, think about how, how technology disrupted
- 3:57the Tele. This is a very simple example,
- 3:59but it really sunk home for me how the Internet disrupted the,
- 4:02the, the telephone industry. They talk about how, you know,
- 4:061520 years ago you would see advertisements on TV that if you
- 4:09want to call from the United States to Japan, we've got a
- 4:13great price. It's $2.00 per minute.
- 4:15And think about it now, right? We call all over the world.
- 4:18I have voice calls, video calls on Google Meet X everything
- 4:22people all over the world and it's free.
- 4:25And that's the same thing that crypto can do within the
- 4:27financial services industry. The days of of of charging 510%
- 4:32fees to transfer money from the United States to Australia or to
- 4:37Venezuela or wherever Mexico are gone.
- 4:41It's going to bring the big key here is it's going to bring more
- 4:44and more people into the overall crypto ecosystem.
- 4:48All right, stable coins. This is very interesting.
- 4:52I hadn't thought about this. You know what a stable coin is
- 4:54like USDC 1 USDC represents one U.S. dollar, right?
- 4:59They when when people buy USDC, they use that money to buy U.S.
- 5:04Treasuries. And let's just say that our
- 5:06government needs to borrow a lot of money, right?
- 5:09But something I hadn't thought of traditionally of countries
- 5:13like Saudi Arabia, China would hold all the US debt.
- 5:17Now with the stable coin adoption, it disperses the
- 5:22ownership of the debt really not just across people in the United
- 5:25States, but people all over the world who are going to want to
- 5:29use USDC, right, because of the benefits of using crypto for
- 5:34money transfer and and storage of value.
- 5:37But it's going to distribute the holders.
- 5:39It's going to allow our government.
- 5:41This is just my opinion. And again, I'm not speaking for
- 5:44Raul or for Keith on this, but it's going to allow our
- 5:47government to rack up even more debt.
- 5:49And you know, that's a whole different story.
- 5:52But it will allow that debt, the ownership of that debt, not to
- 5:55be held by a couple of powerful countries like let's say China
- 5:59or Saudi Arabia. So to eliminate that possibility
- 6:03for them to say how we're selling all our debt or the
- 6:06geopolitical risk involved with it.
- 6:08Very, very interesting. And the other final point, and
- 6:11there's so much more and they do so much of A better job of
- 6:15discussing all this than I do, is that the people will win in
- 6:19crypto. That just the underlying
- 6:21philosophy of crypto. We talk about that all the time.
- 6:25The founding fathers of crypto, Satoshi Nakamoto, Bitcoin, the
- 6:29blockchain, this idea that it's for the people, right?
- 6:33It makes things faster, it makes things funner, it makes it makes
- 6:39everything in the financial world so much more fair, right,
- 6:44more fair and faster as well. And the market forces, the
- 6:49consumer, the people of the world like and and I think he
- 6:52said it during this interview, right?
- 6:54I mean, we've got this new administration, a new kind of
- 6:58dawn, a new era from a legal and and and political perspective
- 7:02supporting crypto that now the cats out of the bag, right The
- 7:07the motors been started. It's too late to stop it at this
- 7:10point. And at the end of the day, the
- 7:12people will vote. I mean, it's not rocket science.
- 7:15If if you're somebody in the United States working and you
- 7:18need to send money home to people, your family in Mexico
- 7:22and you have the option of doing it and paying a 10% fee or you
- 7:26have the option of paying like a .001% fee, you're going to go
- 7:31with the .001%. Crypto is here to stay.
- 7:35It will bring more and more people into the crypto
- 7:37ecosystem. And on top of that, they did
- 7:40touch on meme coins as well. Highly recommend that you watch
- 7:43that. Thank you, Raul.
- 7:44Thank you, Keith. It is a just a, an, an
- 7:48unbelievable hour of I think intellectual gold that you
- 7:52really, really need to check out.
- 7:54OK. And everybody calls Speaking of
- 7:55gold, everybody calls Bitcoin digital gold.
- 7:58Well, I've called Unicorn Fartdust did if you're if you're
- 8:02gonna call Bitcoin digital gold, right.
- 8:04Obviously Bitcoin is not backed up by physical gold, but that's
- 8:08what people refer to it as. We will refer to Unicorn fart
- 8:12dust as digital silver. We're not backed by physical
- 8:16silver. But if you look at the original
- 8:18meme picture that I took, the little Unicorn is sitting on top
- 8:21of two one ounce silver coins like this one right here, OK?
- 8:27And, and silver is considered the people's metal, which is
- 8:31very interesting when we tie that into the fact that we are
- 8:34the people's coin, no doubt about it.
- 8:37OK, real quickly I'm going to give you an update.
- 8:40Everybody's asking me about precious metals.
- 8:42Gold and silver are going through the roof.
- 8:44OK, silver on Friday is in this $40 per oz range.
- 8:50A gold is flirting with 3400 thirty $500 per oz right.
- 8:55I've always called silver the original form of cryptocurrency,
- 8:58but there's a lot going on in the precious metals market right
- 9:02now. Silver in particular.
- 9:04One interesting thing about silver is that the world
- 9:07consumes more silver every single year and has for five
- 9:12years straight than the world creates.
- 9:14OK, so the amount of this silver that's above ground today is
- 9:20less than there was yesterday, and that's been going on for
- 9:24five years. Silver's also critical.
- 9:26You may not know this solar panels electric vehicles
- 9:30batteries in the talk about the new The next generation of
- 9:34batteries for electric vehicles will be what are called
- 9:37solid-state batteries. They'll use, like some people
- 9:40are saying, up to a kilogram, which is about 30 ounces of
- 9:44silver in each battery. These batteries are half the
- 9:46weight. The charge lasts twice as long.
- 9:49It only takes like 20 minutes to charge the batteries.
- 9:52There's big, big benefits to these new solid-state batteries.
- 9:56The Chinese company BYD is already testing them.
- 9:59We've heard news reports that Toyota may be rolling them out
- 10:03initially on their Lexus line of car.
- 10:06So anyway, a lot of crazy fun stuff going on in silver and
- 10:10gold. I think silver, gold and crypto
- 10:12are closely related. They even mentioned this in the
- 10:15interview yesterday with Raul and Keith.
- 10:17It's like we don't have to keep all our assets in just one
- 10:20thing, right? People can diversify a little
- 10:23bit and most people recommend that they diversify a little
- 10:26bit. But the outlook for silver does
- 10:28remain very optimistic. You guys know that before I get
- 10:31into crypto, I was a gold and silver maxi, OK?
- 10:35I still love gold and silver. I love the corn fart dust I
- 10:38believe, right? I know we are the people's coin.
- 10:43Let's take a look at this. And here we go.
- 10:49Let me show you this first. We'll wrap up on silver.
- 10:52Here we are. OK, there's the silver price.
- 10:55Yesterday, $40 is from Eric Young.
- 10:58But there's a chart pattern in silver.
- 11:00You may not know about this. If you're into charts, I want to
- 11:02show you this really quickly. It's a cup and handle pattern.
- 11:06Yep, that's not big enough. Let's go back here.
- 11:08We'll do it this way. A cup and handle pattern that
- 11:11goes all the way back to the 19 70s, about 1980.
- 11:16You got a peek there at $50 silver, a peek here around $50
- 11:21silver. So this is from 1980 all the way
- 11:26to 2011, that's the cup. And then from 2011 through
- 11:31today, that's the handle. The cup and handle pattern is
- 11:35regarded as one of the most predictable, reliable patterns
- 11:37in technical analysis. And coincidentally, the longer
- 11:41the period of time over which the cup and handle forms, the
- 11:45more reliable and more powerful the move.
- 11:48So we could be in for some absolute crazy moves in what I
- 11:52still believe is the original form of cryptocurrency, silver.
- 11:57But let's head out here and talk about being the people's coin.
- 12:00No, I do not want to promote that pose.
- 12:02I say the titles ours. We are the true people's meme
- 12:06coin. Definitely within meme coins.
- 12:08I will argue that with anyone. Show me another meme coin that
- 12:12is more a people's coin than UFD.
- 12:15Started as an experiment created by the people, essentially.
- 12:20I can't take much more credit than from spawning this in my
- 12:24basement 8 1/2 months ago with a hundred U.S. dollars, half a
- 12:29Solana. The credit goes to the people.
- 12:32OK, Others have tried that. Other people say we're the
- 12:35people's going. We're the people's going.
- 12:36No, right, I'll, I'll anybody wants to come on here and debate
- 12:41with me that they have a meme coin that's more of a people's
- 12:44coin than us. You're more than welcome
- 12:46anytime. OK, the ethos of crypto are for
- 12:50the people. We do align 100% and in the end,
- 12:53market forces deliver the true winners.
- 12:56OK, but nobody said it would ease would be easy guys.
- 12:59Otherwise everyone would do it. Maybe we're we're not.
- 13:04I don't say we're fighting against the establishment, but
- 13:07we're doing things in a very special, unique Unicorn type
- 13:10fashion, OK, We aren't doing this with a big marketing
- 13:14budget. We aren't doing this with a big
- 13:16celebrity behind the coin. We aren't doing it with a team
- 13:19of 20 people that are making $150,000 a year.
- 13:23We're doing it with the people, but remember in crypto, the
- 13:29people when, OK, we are, we are on the leading edge of what is
- 13:34going on in this new new new horizon, new dawn within the
- 13:40financial world, OK, Sometimes when you're on the leading edge,
- 13:44it can be the bleeding edge, right?
- 13:46We are carving a new path. Keep up the good work, OK?
- 13:50Please, please. And don't forget, when I
- 13:52thought, and this hit me this morning, I'm not thinking about
- 13:56where the people's coin cuz I'm, I'm looking at and I'm, I'm
- 13:58doing DMS with a number of people in our community.
- 14:01OK, I've got we, we've got resilient Jack in Sweden.
- 14:04We have Taza in Australia, got gimmicks in Australia, we've got
- 14:09Georgie in Europe, OK, We have Gino out in Las Vegas and the
- 14:15list goes on and on. Pete in Miami, we got people in
- 14:18California. Where are you?
- 14:19Remember, this is important, OK? We appeal to everyone and we
- 14:24appeal to everyone everywhere. Social dominance, OK, Don't
- 14:28forget, very important. Get out there and spread the
- 14:31word. Nate said this about our social
- 14:33dominance activity, still in the top 20 in social dominance
- 14:37despite market conditions. Diamond hood dusters hold half
- 14:41of the supply now and we are not selling.
- 14:44That is critical. Diamond hood dusters hold half
- 14:48of the supply of UFD. The longer it stays down, the
- 14:51more we will own. Soon we will make the rules fade
- 14:54or not your choice. And on.
- 14:56It's up to you whether you want to live with the regret UFD.
- 15:00And here we are in the pump pump fun ecosystem.
- 15:05You can see our circle right there.
- 15:07OK, significant. And what I thought was even more
- 15:12fun to look at was this. Out of all meme coins in the
- 15:16world, these are all the meme coins that are out there.
- 15:20Where's UFD? Here we are OK making ourselves
- 15:24be known and again, that's out of all the meme coins in the
- 15:32world as the duster put this together for us.
- 15:34Hold on, there was something that he wrote in here that that
- 15:37we can't hear enough. OK, here we go.
- 15:41While FART here, I'll read this part right here.
- 15:45While FART coins .65% has its value at almost 28 times more
- 15:51than UFDUFD is outperforming expectations with half the
- 15:57dominance. So fartcoin again guys is 28
- 16:01times more valuable than UFD, but we have half the social
- 16:05dominance, he says. This is just not under
- 16:07valuation. It's a market anomaly.
- 16:12Yeah. And think, think about that, OK.
- 16:14We are sitting at half the level of social dominance of fartcoin.
- 16:19OK, half, but we're worth 128th of the overall value.
- 16:24It's truly incredible. And here we go.
- 16:26This was a great one from our friend Connector.
- 16:30Connector said. Just for your information, a
- 16:33group of crazy dusters from the Corfu Island are now holding a
- 16:37few million beans and they're not going to stop buying,
- 16:40including myself, UFD to billions, with or without you
- 16:44and guys, that's the bottom line.
- 16:46That's very, very simple, OK? We are a, a, a project that was
- 16:50built by the people, for the people, 100%.
- 16:54It's super simple. We adhere 100% to the ethos of
- 16:58crypto. But it's really simpler than
- 17:00that, right? There's 999 million beans.
- 17:03And the more and more, like Nate said, they get into the hands of
- 17:07diamond hood dusters, right? My hooves are diamond.
- 17:10Are your hooves diamond? Day by day?
- 17:12By day, we get to a point where there just aren't going to be as
- 17:16many beans out there for the traders to trade with.
- 17:19Some people might say the manipulators to manipulate the
- 17:22price with whatever, let them have their fun.
- 17:25But there's going to come a time when the supply of beans, as we
- 17:30get more and more people who are diamond hood that are joining
- 17:33us. I mean, I hope that makes sense.
- 17:37It makes sense to me. Send me Adm if I'm wrong, right?
- 17:41This is this new opportunity that we've never had before.
- 17:45You couldn't do this 15 years ago.
- 17:48You really couldn't hardly do this.
- 17:49I couldn't have done it right. I couldn't have done this two
- 17:53years ago. This is a very, very special
- 17:56opportunity gift, right? That's within crypto as a whole.
- 18:00We're carving out our spot and we will continue to carve out
- 18:04our out our spot, and we will continue day by day to do the
- 18:09work necessary to fill this jug with beans.
- 18:13OK, 'cause each one of those Jelly beans in there represents
- 18:16a UFD diamond hoove duster. That's right.
- 18:19Can you pick one out 'cause one of those represents you?
- 18:22And as we fill this jug, which cannot get any bigger, it's
- 18:25stuck. It's been neutered at 999
- 18:29million beans. We will get to a point where we
- 18:32have a yeah. And then Diaboli.
- 18:39That's the way it's going to go. OK, everybody.
- 18:43And think of this in the broader context.
- 18:46I'm telling you, you got to watch that that that interview
- 18:48between Raul Paul and Keith Grossman, because I believe
- 18:52right now, I believe this before the interview.
- 18:54But just what I learned and what it confirmed listening to the
- 18:58you want, you know, look, if you want to learn how to fly a 747
- 19:03airplane, it's probably best to listen to a guy who's a pilot
- 19:06who's flown one before. These two guys are the pilots of
- 19:10the crypto airplane. OK, nobody knows everything.
- 19:13Nobody's the you know, and I don't think either one of them
- 19:15would would say, oh, I know, but they are the leaders, the
- 19:19thought leaders and they have a deeper level of knowledge.
- 19:23I think I know than me and I think than most people in
- 19:26crypto. So listen to what they say,
- 19:29because when we think about UFD, right, and we think about the,
- 19:32the part of the crypto market that we are carving out for
- 19:36ourselves, that's within the broader crypto ecosystem.
- 19:40And when you listen to them and you realize where crypto is
- 19:44heading, right, That within 5 to 10 years, you know it's going to
- 19:48be like e-mail. Everybody uses e-mail, right?
- 19:51People in their 80s and 90s, trust me, I know that for a
- 19:54fact. Use e-mail, use smartphones,
- 19:57everybody does. It's going to be the same way,
- 20:00or at least I believe, OK, It's going to be that same thing
- 20:03within the world of crypto. And that's going to be very good
- 20:06for the overall crypto ecosystem.
- 20:08But it's going to bring waves of money right into all sectors of
- 20:13crypto, including UFD. And as we go step by step, day
- 20:18by day, continue to show up for the project for each other, we
- 20:22continue to establish ourselves, OK?
- 20:25And remember what several people pointed out, right?
- 20:28Over half of our beans are in what we can call diamond hooved
- 20:32hands at this point. I don't know.
- 20:34Last time, look what was the deal, the top 1000 wallets, 60%
- 20:38of them had owned the UFD token for more than 90 days.
- 20:42So think about what we're doing, but think about it within the
- 20:45broader context of crypto. It is so exciting, man, I tell
- 20:51you. I mean, you just think about
- 20:52everything that's transforming in the world right now on many
- 20:56different levels. And then you just boil it down
- 20:59to what we are doing, what we can control.
- 21:01We can control the future of the UFD project, the UFD community.
- 21:07This is the people's coin. Let me repeat that.
- 21:12We are the people's coin. We are the people's meme coin.
- 21:17No doubt in my mind about that. Nobody right can can take that
- 21:22throne from us. We'll continue to do things with
- 21:26honesty, integrity, right. We will have prosperity, I
- 21:30believe. I'm not a financial advisor.
- 21:32No matter what you do, always be responsible.
- 21:34Please don't expose yourself to too much risk.
- 21:37It's OK to diversify a little bit.
- 21:39All that great stuff, but when I look at what we have right our
- 21:43our little niche that we are carving out that's going to turn
- 21:47that could turn into a big niche.
- 21:49I'm as excited as ever about the future.
- 21:52And we know one thing for sure good attracts good in this
- 21:56community is made-up of people who are good.
- 22:00Have a great day, be good to yourself, OK, and I'll look
- 22:03forward to seeing you. Yes, you next time.