Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / This is The People's Coin

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This is The People's Coin · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

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Stand with Unicorn FARTA, stand with UFD.
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We truly are the people's coin. But this is our once in a
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lifetime opportunity for a lot of us, or maybe our first
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opportunity to really determine our own destiny.
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Nobody said that it would be easy.
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Anything great in life is never easy.
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We're going to go through UPS, we're going to go through downs
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and we're going to go through everything in between, but we're
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going to do it together and we're going to adhere to the
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original ethos of crypto. We're going to talk more about
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that later. First, I want to bring to your
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attention what I think is one of the coolest, most powerful one
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hour interviews that I saw about crypto in a long time. 2 of the
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brightest minds in crypto, Raul Paul from Real Vision, I believe
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it's called, and Keith Grossman, the president over at Moon Pay
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put out a one hour interview yesterday that I think just wow,
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it was incredible in terms of the information and not just the
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information, but the insights that it provided.
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I'm going to show you here real quick.
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Let's make sure we're all live up and going.
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Here we go. Let's go out.
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I'll show you where you can check this out for yourself and
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then I'll tell you a couple things that I think I learned
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from listening to this. But here's Raoul Raoul Pal.
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He's a famous guy in the world of crypto.
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I've watched him for years. I believe it's called Real
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Vision. At least that's what it used to
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be called. But nonetheless, he had Keith
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Grossman on from Moon Pay, and man, I'll just play just a few
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seconds. So there's Raoul on the left and
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Keith Grossman on the right. Now, why does this matter?
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Well, look at Venezuela, for instance, right.
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Last year, I think Venezuela's, you know, 5% of their GDP was
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remittances. This was like something like
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$500 billion, right? Imagine if you think about
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what's really happening because 80% of global remittances in
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this world start in the US and push out, right?
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If you think about all the fees that go on, on all of those
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monies, right, that's 7 to 13% is going so far.
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Guys, so you've got to watch this one hour interview.
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It's like a crash course. And why everybody, we'll be
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using crypto in five to 10 years from now.
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I think it's a setup like we had when cell phones first came out,
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when the iPhone first came out, right?
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It took a while, but within 10 years, everybody was on
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smartphones. Everybody was using smartphones.
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It's the same thing with e-mail, the same thing with anything
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else. And they cover all these
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incredible things about crypto and why just by pure market
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forces, it really is bound to take over.
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It is super exciting. I can't believe that I'm sitting
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here saying this because nine months ago I didn't own any
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crypto and what I thought I knew about crypto was really just the
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tip of the iceberg. And I'll tell you what, watch
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that video, watch that interview, because you will gain
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so much information. But not just that, but really
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they both have a very keen way of explaining things that makes
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sense about why crypto is. I think they called it the we
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are in the golden age of crypto. A couple things that I learned
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that I thought were fascinating during that interview.
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OK, that crypto will be as disruptive to the financial
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services industry as the Internet was the media.
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I mean, remember 20 years ago, maybe you guys can't remember
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this, but before the Internet really took off and streaming,
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everything was TV, radio, print, right?
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It was very siloed, very in the, in the, in the Internet came in
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and kind of absorbed all of that and transformed at all.
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I think YouTube now and Google are like the biggest advertising
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platform in the world. And the same thing is going to
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happen with crypto and the financial services industry.
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The second point, think about how, how technology disrupted
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the Tele. This is a very simple example,
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but it really sunk home for me how the Internet disrupted the,
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the, the telephone industry. They talk about how, you know,
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1520 years ago you would see advertisements on TV that if you
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want to call from the United States to Japan, we've got a
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great price. It's $2.00 per minute.
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And think about it now, right? We call all over the world.
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I have voice calls, video calls on Google Meet X everything
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people all over the world and it's free.
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And that's the same thing that crypto can do within the
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financial services industry. The days of of of charging 510%
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fees to transfer money from the United States to Australia or to
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Venezuela or wherever Mexico are gone.
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It's going to bring the big key here is it's going to bring more
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and more people into the overall crypto ecosystem.
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All right, stable coins. This is very interesting.
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I hadn't thought about this. You know what a stable coin is
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like USDC 1 USDC represents one U.S. dollar, right?
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They when when people buy USDC, they use that money to buy U.S.
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Treasuries. And let's just say that our
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government needs to borrow a lot of money, right?
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But something I hadn't thought of traditionally of countries
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like Saudi Arabia, China would hold all the US debt.
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Now with the stable coin adoption, it disperses the
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ownership of the debt really not just across people in the United
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States, but people all over the world who are going to want to
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use USDC, right, because of the benefits of using crypto for
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money transfer and and storage of value.
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But it's going to distribute the holders.
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It's going to allow our government.
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This is just my opinion. And again, I'm not speaking for
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Raul or for Keith on this, but it's going to allow our
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government to rack up even more debt.
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And you know, that's a whole different story.
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But it will allow that debt, the ownership of that debt, not to
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be held by a couple of powerful countries like let's say China
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or Saudi Arabia. So to eliminate that possibility
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for them to say how we're selling all our debt or the
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geopolitical risk involved with it.
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Very, very interesting. And the other final point, and
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there's so much more and they do so much of A better job of
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discussing all this than I do, is that the people will win in
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crypto. That just the underlying
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philosophy of crypto. We talk about that all the time.
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The founding fathers of crypto, Satoshi Nakamoto, Bitcoin, the
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blockchain, this idea that it's for the people, right?
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It makes things faster, it makes things funner, it makes it makes
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everything in the financial world so much more fair, right,
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more fair and faster as well. And the market forces, the
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consumer, the people of the world like and and I think he
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said it during this interview, right?
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I mean, we've got this new administration, a new kind of
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dawn, a new era from a legal and and and political perspective
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supporting crypto that now the cats out of the bag, right The
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the motors been started. It's too late to stop it at this
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point. And at the end of the day, the
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people will vote. I mean, it's not rocket science.
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If if you're somebody in the United States working and you
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need to send money home to people, your family in Mexico
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and you have the option of doing it and paying a 10% fee or you
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have the option of paying like a .001% fee, you're going to go
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with the .001%. Crypto is here to stay.
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It will bring more and more people into the crypto
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ecosystem. And on top of that, they did
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touch on meme coins as well. Highly recommend that you watch
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that. Thank you, Raul.
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Thank you, Keith. It is a just a, an, an
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unbelievable hour of I think intellectual gold that you
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really, really need to check out.
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OK. And everybody calls Speaking of
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gold, everybody calls Bitcoin digital gold.
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Well, I've called Unicorn Fartdust did if you're if you're
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gonna call Bitcoin digital gold, right.
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Obviously Bitcoin is not backed up by physical gold, but that's
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what people refer to it as. We will refer to Unicorn fart
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dust as digital silver. We're not backed by physical
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silver. But if you look at the original
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meme picture that I took, the little Unicorn is sitting on top
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of two one ounce silver coins like this one right here, OK?
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And, and silver is considered the people's metal, which is
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very interesting when we tie that into the fact that we are
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the people's coin, no doubt about it.
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OK, real quickly I'm going to give you an update.
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Everybody's asking me about precious metals.
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Gold and silver are going through the roof.
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OK, silver on Friday is in this $40 per oz range.
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A gold is flirting with 3400 thirty $500 per oz right.
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I've always called silver the original form of cryptocurrency,
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but there's a lot going on in the precious metals market right
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now. Silver in particular.
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One interesting thing about silver is that the world
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consumes more silver every single year and has for five
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years straight than the world creates.
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OK, so the amount of this silver that's above ground today is
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less than there was yesterday, and that's been going on for
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five years. Silver's also critical.
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You may not know this solar panels electric vehicles
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batteries in the talk about the new The next generation of
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batteries for electric vehicles will be what are called
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solid-state batteries. They'll use, like some people
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are saying, up to a kilogram, which is about 30 ounces of
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silver in each battery. These batteries are half the
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weight. The charge lasts twice as long.
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It only takes like 20 minutes to charge the batteries.
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There's big, big benefits to these new solid-state batteries.
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The Chinese company BYD is already testing them.
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We've heard news reports that Toyota may be rolling them out
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initially on their Lexus line of car.
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So anyway, a lot of crazy fun stuff going on in silver and
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gold. I think silver, gold and crypto
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are closely related. They even mentioned this in the
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interview yesterday with Raul and Keith.
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It's like we don't have to keep all our assets in just one
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thing, right? People can diversify a little
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bit and most people recommend that they diversify a little
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bit. But the outlook for silver does
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remain very optimistic. You guys know that before I get
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into crypto, I was a gold and silver maxi, OK?
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I still love gold and silver. I love the corn fart dust I
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believe, right? I know we are the people's coin.
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Let's take a look at this. And here we go.
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Let me show you this first. We'll wrap up on silver.
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Here we are. OK, there's the silver price.
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Yesterday, $40 is from Eric Young.
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But there's a chart pattern in silver.
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You may not know about this. If you're into charts, I want to
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show you this really quickly. It's a cup and handle pattern.
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Yep, that's not big enough. Let's go back here.
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We'll do it this way. A cup and handle pattern that
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goes all the way back to the 19 70s, about 1980.
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You got a peek there at $50 silver, a peek here around $50
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silver. So this is from 1980 all the way
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to 2011, that's the cup. And then from 2011 through
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today, that's the handle. The cup and handle pattern is
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regarded as one of the most predictable, reliable patterns
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in technical analysis. And coincidentally, the longer
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the period of time over which the cup and handle forms, the
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more reliable and more powerful the move.
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So we could be in for some absolute crazy moves in what I
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still believe is the original form of cryptocurrency, silver.
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But let's head out here and talk about being the people's coin.
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No, I do not want to promote that pose.
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I say the titles ours. We are the true people's meme
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coin. Definitely within meme coins.
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I will argue that with anyone. Show me another meme coin that
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is more a people's coin than UFD.
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Started as an experiment created by the people, essentially.
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I can't take much more credit than from spawning this in my
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basement 8 1/2 months ago with a hundred U.S. dollars, half a
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Solana. The credit goes to the people.
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OK, Others have tried that. Other people say we're the
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people's going. We're the people's going.
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No, right, I'll, I'll anybody wants to come on here and debate
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with me that they have a meme coin that's more of a people's
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coin than us. You're more than welcome
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anytime. OK, the ethos of crypto are for
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the people. We do align 100% and in the end,
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market forces deliver the true winners.
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OK, but nobody said it would ease would be easy guys.
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Otherwise everyone would do it. Maybe we're we're not.
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I don't say we're fighting against the establishment, but
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we're doing things in a very special, unique Unicorn type
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fashion, OK, We aren't doing this with a big marketing
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budget. We aren't doing this with a big
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celebrity behind the coin. We aren't doing it with a team
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of 20 people that are making $150,000 a year.
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We're doing it with the people, but remember in crypto, the
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people when, OK, we are, we are on the leading edge of what is
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going on in this new new new horizon, new dawn within the
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financial world, OK, Sometimes when you're on the leading edge,
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it can be the bleeding edge, right?
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We are carving a new path. Keep up the good work, OK?
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Please, please. And don't forget, when I
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thought, and this hit me this morning, I'm not thinking about
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where the people's coin cuz I'm, I'm looking at and I'm, I'm
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doing DMS with a number of people in our community.
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OK, I've got we, we've got resilient Jack in Sweden.
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We have Taza in Australia, got gimmicks in Australia, we've got
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Georgie in Europe, OK, We have Gino out in Las Vegas and the
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list goes on and on. Pete in Miami, we got people in
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California. Where are you?
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Remember, this is important, OK? We appeal to everyone and we
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appeal to everyone everywhere. Social dominance, OK, Don't
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forget, very important. Get out there and spread the
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word. Nate said this about our social
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dominance activity, still in the top 20 in social dominance
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despite market conditions. Diamond hood dusters hold half
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of the supply now and we are not selling.
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That is critical. Diamond hood dusters hold half
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of the supply of UFD. The longer it stays down, the
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more we will own. Soon we will make the rules fade
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or not your choice. And on.
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It's up to you whether you want to live with the regret UFD.
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And here we are in the pump pump fun ecosystem.
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You can see our circle right there.
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OK, significant. And what I thought was even more
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fun to look at was this. Out of all meme coins in the
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world, these are all the meme coins that are out there.
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Where's UFD? Here we are OK making ourselves
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be known and again, that's out of all the meme coins in the
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world as the duster put this together for us.
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Hold on, there was something that he wrote in here that that
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we can't hear enough. OK, here we go.
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While FART here, I'll read this part right here.
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While FART coins .65% has its value at almost 28 times more
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than UFDUFD is outperforming expectations with half the
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dominance. So fartcoin again guys is 28
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times more valuable than UFD, but we have half the social
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dominance, he says. This is just not under
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valuation. It's a market anomaly.
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Yeah. And think, think about that, OK.
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We are sitting at half the level of social dominance of fartcoin.
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OK, half, but we're worth 128th of the overall value.
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It's truly incredible. And here we go.
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This was a great one from our friend Connector.
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Connector said. Just for your information, a
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group of crazy dusters from the Corfu Island are now holding a
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few million beans and they're not going to stop buying,
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including myself, UFD to billions, with or without you
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and guys, that's the bottom line.
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That's very, very simple, OK? We are a, a, a project that was
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built by the people, for the people, 100%.
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It's super simple. We adhere 100% to the ethos of
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crypto. But it's really simpler than
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that, right? There's 999 million beans.
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And the more and more, like Nate said, they get into the hands of
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diamond hood dusters, right? My hooves are diamond.
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Are your hooves diamond? Day by day?
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By day, we get to a point where there just aren't going to be as
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many beans out there for the traders to trade with.
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Some people might say the manipulators to manipulate the
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price with whatever, let them have their fun.
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But there's going to come a time when the supply of beans, as we
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get more and more people who are diamond hood that are joining
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us. I mean, I hope that makes sense.
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It makes sense to me. Send me Adm if I'm wrong, right?
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This is this new opportunity that we've never had before.
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You couldn't do this 15 years ago.
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You really couldn't hardly do this.
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I couldn't have done it right. I couldn't have done this two
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years ago. This is a very, very special
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opportunity gift, right? That's within crypto as a whole.
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We're carving out our spot and we will continue to carve out
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our out our spot, and we will continue day by day to do the
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work necessary to fill this jug with beans.
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OK, 'cause each one of those Jelly beans in there represents
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a UFD diamond hoove duster. That's right.
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Can you pick one out 'cause one of those represents you?
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And as we fill this jug, which cannot get any bigger, it's
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stuck. It's been neutered at 999
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million beans. We will get to a point where we
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have a yeah. And then Diaboli.
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That's the way it's going to go. OK, everybody.
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And think of this in the broader context.
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I'm telling you, you got to watch that that that interview
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between Raul Paul and Keith Grossman, because I believe
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right now, I believe this before the interview.
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But just what I learned and what it confirmed listening to the
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you want, you know, look, if you want to learn how to fly a 747
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airplane, it's probably best to listen to a guy who's a pilot
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who's flown one before. These two guys are the pilots of
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the crypto airplane. OK, nobody knows everything.
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Nobody's the you know, and I don't think either one of them
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would would say, oh, I know, but they are the leaders, the
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thought leaders and they have a deeper level of knowledge.
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I think I know than me and I think than most people in
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crypto. So listen to what they say,
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because when we think about UFD, right, and we think about the,
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the part of the crypto market that we are carving out for
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ourselves, that's within the broader crypto ecosystem.
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And when you listen to them and you realize where crypto is
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heading, right, That within 5 to 10 years, you know it's going to
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be like e-mail. Everybody uses e-mail, right?
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People in their 80s and 90s, trust me, I know that for a
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fact. Use e-mail, use smartphones,
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everybody does. It's going to be the same way,
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or at least I believe, OK, It's going to be that same thing
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within the world of crypto. And that's going to be very good
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for the overall crypto ecosystem.
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But it's going to bring waves of money right into all sectors of
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crypto, including UFD. And as we go step by step, day
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by day, continue to show up for the project for each other, we
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continue to establish ourselves, OK?
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And remember what several people pointed out, right?
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Over half of our beans are in what we can call diamond hooved
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hands at this point. I don't know.
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Last time, look what was the deal, the top 1000 wallets, 60%
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of them had owned the UFD token for more than 90 days.
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So think about what we're doing, but think about it within the
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broader context of crypto. It is so exciting, man, I tell
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you. I mean, you just think about
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everything that's transforming in the world right now on many
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different levels. And then you just boil it down
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to what we are doing, what we can control.
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We can control the future of the UFD project, the UFD community.
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This is the people's coin. Let me repeat that.
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We are the people's coin. We are the people's meme coin.
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No doubt in my mind about that. Nobody right can can take that
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throne from us. We'll continue to do things with
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honesty, integrity, right. We will have prosperity, I
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believe. I'm not a financial advisor.
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No matter what you do, always be responsible.
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Please don't expose yourself to too much risk.
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It's OK to diversify a little bit.
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All that great stuff, but when I look at what we have right our
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our little niche that we are carving out that's going to turn
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that could turn into a big niche.
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I'm as excited as ever about the future.
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And we know one thing for sure good attracts good in this
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community is made-up of people who are good.
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Have a great day, be good to yourself, OK, and I'll look
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forward to seeing you. Yes, you next time.