Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / Good Attracts Good - Unicorn Fart Dust Update
Transcript
- 0:01Welcome to the Duster Club. Let's do a quick review, shall
- 0:04we, Dusters? Of course, I want to ask you,
- 0:07how did you get in my basement? Because you are part of this
- 0:10community, you feel passion, you feel a sense of belonging with
- 0:14UFD. But let's not forget our primary
- 0:18cause, and that is good attracts good.
- 0:21We are the light that's in an environment that can be a little
- 0:25dark at times, and darkness cannot exist where there is
- 0:29light. There are other great
- 0:30communities, other great people out there doing great, great
- 0:33things, great companies, but we can only take care of ourselves
- 0:37as the UFD community and we are the light.
- 0:41We will always, always remember that.
- 0:43I want to say a special thanks to everybody who yesterday
- 0:47participated in the Ledger Appreciation Day.
- 0:50Ledger has been a sponsor of Ron's Basement, a supporter of
- 0:54UFD for a long time. And yesterday, two of our
- 0:57community members have really taken the charge with this.
- 1:01A resilient Jack, Thank you. And of course, Nate, who I like
- 1:05to refer to as Nate the Great, they've been organizing.
- 1:08We did Moon pay last Sunday. We did Ledger this Sunday,
- 1:12yesterday. And stay tuned because there's
- 1:15more to come. The community's having a lot of
- 1:17fun of supporting good quality companies and and we will do
- 1:23individuals as well that are out there.
- 1:29Sorry, my vocal instruments having some issues spreading the
- 1:32light. So thank you.
- 1:33Thank you. Let's look at some data that
- 1:35came through from Resilient Jack about what happened yesterday.
- 1:40Guys, you did a great job getting out there.
- 1:42He said good morning Dusters. We totally dominated mindshare
- 1:45for Ledger this Sunday, according to the cookie fun
- 1:49token Ledger. Good job everyone that showed up
- 1:52and fought die hard duster style.
- 1:54So here's the here's the top people.
- 1:56Look at that number one Resilient Jack number 2, franny
- 2:00#3 Nate the great #4 the bullion duster #5 for the fart, the door
- 2:06number six, Cuban Pete. Hello Cuban Pete.
- 2:09I had the pleasure of meeting him and person at our UFD meet
- 2:12up a few months ago. A great example of a great
- 2:15person who's in our community #7 P #8 Crypt wizard who's been
- 2:21with us. A lot of you guys have from day
- 2:23one big contributor the number 9 Windows 98 hello windows #10
- 2:29blue odd, hello blue odd and #11 carne XPT.
- 2:33Thank you to everyone who participated.
- 2:36It's a big deal, but let's talk about the other big deal.
- 2:39This is massive news. This is a, this guy's is
- 2:43signaling a major sea change, a paradigm shift.
- 2:46I can't think of the right word to describe it.
- 2:48A change in the weather pattern in which all assets, the
- 2:53economy, monetary policy, fiscal policy will be affected by this.
- 2:57And again, it's the big, big, big change that we saw on Friday
- 3:01from Jerome Powell at the Jackson Hole Summit.
- 3:05I want to read you just something briefly from the
- 3:07Kubasi report, because we want to, we want to stay on top of
- 3:12big news stories that impact the general economy, monetary policy
- 3:16that will have a big impact on on the whole crypto world as
- 3:20well, says the Fed chair. Powell has caved in one month
- 3:25the Fed will cut rates and blame a weaker labor market.
- 3:29Meanwhile, we now have PPI inflation growth at a three-year
- 3:34high and CPI inflation above the 2% for 53 straight months.
- 3:39Don't own assets. You will be left behind and
- 3:42here's why. I'll let you guys go back and
- 3:45read that thread, but basically Jerome Powell threw in the towel
- 3:49on Friday. He bet he's leaving soon.
- 3:52OK, You know, there's big contention between Donald Trump
- 3:56and Jerome Powell. He's going to be leaving soon.
- 3:58He's basically said here, I'll leave you behind a steaming pile
- 4:03of you know what for you to deal with Donald Trump because we
- 4:06have stagflation and guys, a stagflation environment, which
- 4:10stands for a stagnant economy or or an economy that's in
- 4:15recession. That's what the I mean the job
- 4:18market from what I hear is not doing well.
- 4:20I don't want to be overly dramatic, but I'm hearing from
- 4:23people in the know that are telling me if you're a person
- 4:27who's used to making 152100K salary, it's very difficult,
- 4:32very difficult, especially at that level to find a job right
- 4:35now. I, I, I got off track.
- 4:37Stagflation, right? A slowing economy, a slowing job
- 4:41market, and the flation is inflation.
- 4:44And we have that what, why do we want to pay attention to that
- 4:47for crypto? Because that will be a very
- 4:50conducive environment, very fertile soil for the price of
- 4:54crypto. It was that way back in the 70s
- 4:58when we just had precious metals, gold and and when we
- 5:01move into that environment, the Fed, it's going to be it's going
- 5:04to be the next six months, Mark my word, OK, I'll say this with
- 5:09a high level of confidence. We're going to see some very
- 5:13interesting moves that are going to have to come out by the Fed.
- 5:16And on top of that, we're in this environment where in paper
- 5:20dollars, the United States is so in debt, right, $37 trillion in
- 5:26debt. It can get scary.
- 5:27I don't want to be the town crier or anything like that, but
- 5:31I do want to say this to you, OK, When you think about your
- 5:34crypto, whether that's coin, Ethereum, Unicorn fart does, no
- 5:39matter what you own, we all have this habit of using the dollar
- 5:43as the unit of measure, right? Like we know the whole story
- 5:47about the Fiat money system, but then we all go running right
- 5:50back to it when we want to measure the value of our crypto.
- 5:54I might suggest measure your crypto in terms of how many
- 5:58coins you have and what you can use with those coins or beans,
- 6:03as we call them in UFD to trade for or to buy.
- 6:06Buy for how much, how many, how many houses can you buy with one
- 6:11Bitcoin? How many, how many gallons of
- 6:14gas does it take or how many gallons of gas can you buy?
- 6:17How many UFD beans does it take to buy one gallon of gas?
- 6:21It's a hard concept and that's a very common concept within the
- 6:24precious metal sector, right? Like here's one ounce of silver
- 6:28and people say and when you get it, you get it.
- 6:31Like don't measure how much silver you have in U.S. dollars.
- 6:35Measure it in ounces and how many how many bushels of wheat
- 6:39can you buy with one ounce of silver and this relates directly
- 6:43to crypto as well, right You could buy a bushel of wheat with
- 6:47with an ounce of silver 2000 years ago and today, for example
- 6:51purposes you can essentially say you can still buy a bushel of
- 6:55wheat. So please, as we go, I know it's
- 6:58difficult, but we all think in terms of dollars and it's you
- 7:01may be thinking I'm crazy. This may be a complete foreign
- 7:04concept to you, but when you get get it, you'll get it right.
- 7:07Like we've been trained to value everything in dollars.
- 7:11And unfortunately, and I'll get off this rant within 15 seconds.
- 7:15The reality is every Fiat currency and there have been
- 7:18thousands of them. Go look up a lady named Lynette
- 7:21Zhang, watch some of her video. She can give example.
- 7:24After hundreds, thousands of Fiat currencies, they all go to
- 7:280. In this current experiment that
- 7:30we have right now with the US dollar has really only been
- 7:34going on since 1971 when President Nixon took us off the
- 7:37gold standard, the Bitcoin Maxis know that.
- 7:40Again, to some of you, I would encourage you to educate
- 7:43yourself because the school system didn't do it.
- 7:47The school system encourage in the United States anyway, never
- 7:50taught us anything about money and how money works, right?
- 7:55What they taught us was get into debt and work the rest of your
- 7:58life. OK, I went over my 15 seconds.
- 8:00I'm done. I'm going to be talking to the
- 8:03people this morning at the Live Like a Unicorn foundation.
- 8:08Let me pull that up quickly and tell you why that is very
- 8:11important. And really, you know, look, we,
- 8:14I started out this broadcast by saying we are good at tracks.
- 8:18Good. That is our driving force within
- 8:21UFD. The Live Like a Unicorn
- 8:23Foundation is a is a foundation that supports families fighting
- 8:27pediatric cancer. I already cried this morning
- 8:30early. Nobody was up.
- 8:32I was in work and I get up super early and work.
- 8:35This is a great foundation. I'm going to be talking to one
- 8:38of their leaders this morning. They do three things.
- 8:42They give Unicorn boxes to children that are in cancer
- 8:45treatment. They give financial assistance
- 8:48to families and they help fund research grants.
- 8:52I'll keep you posted on how that conversation goes.
- 8:55But why this is important is because as you know, our Little
- 8:59Dusters art contest that we did within the UFD community, all of
- 9:03those art projects are going to be turned into NF TS.
- 9:06Those NF TS will be auctioned off and the proceeds will go to
- 9:10the Live Like a Unicorn foundation.
- 9:12That's I mean that to me is just just encapsulates what we are
- 9:17doing as a community. Is that utility?
- 9:20I don't know, you know, I think it is.
- 9:23I think that's real value when I think about UFD and all the hard
- 9:27work that you are putting in on a daily basis.
- 9:30We can feel good about this one, guys, really, really good.
- 9:33OK, good attracts good and that's a great example of it.
- 9:37We had a new game that came out. Did you see this new game?
- 9:40I'm not, I'm not. Let me share this with you and
- 9:48this came out from a person named Gib Gibby.
- 9:51It said dusters. Do you have a saga or a seeker
- 9:54phone? Now look, I'm not from what I
- 9:57understand that there's I think this has to do with these new
- 9:59Solana phones that are coming out.
- 10:01They say we've got a game Farty Unicorn is now available on the
- 10:05Solana D App Store. Fart through the skies and dodge
- 10:10obstacles. I mean check this out.
- 10:12This little graphic was pretty darn cool.
- 10:14Pull that up that music morning the Jelly
- 10:35party Unicorn. So I'll keep you posted on that
- 10:38as I learn more about it. We're on a really cool journey
- 10:45together. This is a long term journey.
- 10:48We're attracting people all over the world, right, all age
- 10:52groups. It's something very unique.
- 10:54We are the bridge into crypto for a lot of people.
- 10:58I can't tell you how many people and it happens continues to
- 11:02happen day by day people that that followed me and I and I
- 11:07still put out some gold and silver content that say I bought
- 11:10UFD. It's the first crypto that I
- 11:12bought. One guy who's he's a high level
- 11:14successful person, I'll leave it at that, bought UFD and then he
- 11:19he sends me an e-mail over the weekend saying my daughter and
- 11:24and her boyfriend bought UFD. Guys, we continue to attract new
- 11:29people, but we also continue to get big whale activity.
- 11:33Let's look at a couple of the recent whale transactions that
- 11:37went through. This one came from Narwhal Watch
- 11:41by Moby. OK, there's a an Ava whale just
- 11:45bought $17,000 worth of UFD and then we had this one pop up.
- 11:54I guess maybe the same person, but another amount at a
- 11:5932,000,000 market cap. So big money continues to come
- 12:02in to UFD. We continue to do well in terms
- 12:06of social dominance. Let's look at a couple pieces
- 12:08that came through from our friend as the duster.
- 12:12This was the social dominance a day or so ago.
- 12:16But however, I believe, I thought I highlighted part of
- 12:19that, but apparently that went away.
- 12:23We're ranked 3rd. We, we continue to be to be
- 12:25ranked 3rd on the Pump dot fund ecosystem in eight, 18th amongst
- 12:30all meme coins. Remember, guys, I don't know how
- 12:33many coins are in the pump fund ecosystem, millions and millions
- 12:37at minimum. And I can say with a high level
- 12:39of confidence that when we look at all the meme coins in
- 12:43existence, there's got to be at least 13 or 14,000,000 meme
- 12:48coins. And we are ranking, continuing
- 12:50to rank near the top here. I'll just read this.
- 12:54Within the pump fund ecosystem, we're only behind pump and
- 12:58Fartcoin. However, here's the surprising
- 13:01part. Their market caps are
- 13:02significantly larger than UFD's, even though they're social
- 13:06dominant. Isn't that much greater.
- 13:08Pump, right, who were right behind, is 34 times more
- 13:13valuable than UFD and Fartcoin were.
- 13:16Who we are even closer to is 29 times when you round up more
- 13:22valuable. Let that sink in, OK?
- 13:24It's unbelievable guys, again, because the, you know, the
- 13:28biggest metric that's used to value cryptocurrency is
- 13:34basically the the strength of the community.
- 13:37And the biggest way to quantify the strength of the community is
- 13:40through social dominance. And we look here down on the
- 13:43lower right. It's been a few days, so we'll
- 13:46do it. Let's circle the UFD circle.
- 13:49Take my time, OK? And there we are, right?
- 13:53Look at Fartcoin. Look how close we are.
- 13:55Remember, Fartcoin's what, 25 times more valuable than us?
- 13:59Look at pump, they're like 30 times that circle.
- 14:03OK, this circle here is not 30 times bigger than this circle
- 14:12here. OK, it's what maybe, I don't
- 14:16know, twice as big. So keep up the good work.
- 14:19It will pay dividends. I believe as we continue date by
- 14:23date by day to add more and more people into our community, we
- 14:28will see ultimately the results of that effort.
- 14:33And here's another piece from ES.
- 14:36These were the top 10 creators a few days ago, sorted by rank via
- 14:40Lunar Crush. Lost Nostalgic was in first
- 14:43place. Dr. Whale, Real Jam Cat, CTO,
- 14:46Degenerate Gems Basement, Ron was #5 OK Real Gym Finder, DJ
- 14:52litmus #7 Whale rules #8 These are the top people posting about
- 14:57UFD as of just a few days ago. OK, we're doing it.
- 15:03We're making it happen. This is our once in a lifetime
- 15:07opportunity, OK? People are willing to join our
- 15:10community. I pulled up this note that I had
- 15:13written about our community almost five months ago and I
- 15:16said this. Are we valuable?
- 15:19You may ask that question is, does UFD really have value?
- 15:22Does any crypto really have value?
- 15:25Yes, OK, Because we are creating an environment, we are
- 15:28addressing a number of key things.
- 15:31I mean, we're on the leading edge of technology when it comes
- 15:35to new financial oriented products, number one.
- 15:39But #2 we're creating value because we're creating a place
- 15:43where people come and belong. We have digital scarcity.
- 15:47There's only one UFD, and there's a limited number of
- 15:51beans. I said I wasn't going to do it
- 15:52today, but I'm going to do it. There's only so many.
- 15:55Yeah, period. OK, But think about this.
- 16:04Think about it. OK, I got, I had it happen over
- 16:06the weekend, a person who was 62 years old, nice guy, smart guy.
- 16:12And he's like, well, how does it have any value?
- 16:14How does it, how, how can a, how can a meme coin have any value
- 16:18whatsoever? And I looked at him and I just
- 16:21asked him the simple question like it's, it's the
- 16:24relationship, it's community said, what's the most valuable
- 16:27thing in your life? Well, my relationship with my
- 16:31children and my and my wife, I'm like, yes, it's relationships,
- 16:35it's community. That's where the value is.
- 16:38And people will pay money to belong to communities.
- 16:43People will pay money to have fun.
- 16:46And there's only so many tickets into our community, 999 million,
- 16:51but they're being sold every single day.
- 16:54There's fewer and fewer out there available on the market.
- 16:57You know the data that as shared with us, our top 1000 wallets,
- 17:01right, have have held UFD Beans 6, 50% of those top 1000 wallets
- 17:07have held UFD beans for more than 90 days.
- 17:10People will assign value to community.
- 17:14Think about churches, think about country clubs, think about
- 17:17the Lions Club, think about the Rotary Club, think about, I
- 17:20don't know, the Mason club, whatever.
- 17:22All these different clubs where people will pay to belong, to be
- 17:27part of something. And we, we have a deal where
- 17:31hey, people buy a ticket to belong to our community and that
- 17:34ticket might become more and more valuable.
- 17:37I'm not a financial advisor, always be responsible.
- 17:41Don't make any financial decisions based on what I'm
- 17:44saying. But I believe it.
- 17:45People will pay to feel good. People pay money to go to the
- 17:50movie theater, OK, to be entertained, to be distracted,
- 17:55to be able to. And that's not a tangible thing,
- 17:58right? So guys, what we have is real.
- 18:01It's a big, big deal. And on top of that, on top of
- 18:05that, right, we offer it to everybody, everywhere, all age
- 18:11groups. We don't discriminate on any
- 18:14basis. The only thing we say is please
- 18:16only come to our community if you want to be part of good,
- 18:20attracts good. But maybe one of the most
- 18:23powerful things that we're doing, because this community is
- 18:27good and is nice and welcoming, is we are addressing what is a
- 18:31major, major problem in our world right now.
- 18:35They're calling it the epidemic of loneliness.
- 18:38People feel, even though we have more technology, more, more, you
- 18:43know, life is in some ways easier, although in a lot of
- 18:46ways not easier. But I won't go down that path.
- 18:49People report all over the world feeling isolated, feeling alone.
- 18:56People. That's one of our primary needs
- 18:58as humans. It's OK.
- 19:00I don't like feeling lonely. We've all, you know, that
- 19:02feeling when you feel like you've been rejected or you're
- 19:05not part of a group or you didn't get picked for the
- 19:08basketball team or the soccer football team, whatever We're
- 19:12offering the world, right? A little light, a big light
- 19:17where they can feel like they belong.
- 19:19We are addressing the epidemic of loneliness in the world, and
- 19:23we are on the bleeding edge of technology.
- 19:26Now, part of being on the bleeding edge is there's gonna
- 19:28be some blood, right? You know, this is this is like,
- 19:33like very, very innovative stuff that we are doing.
- 19:37But as we continue, right, to keep our horns pointed toward
- 19:41good, towards good attracts good, we will continue to
- 19:44attract more good people. And in the end, right, there's
- 19:49only so many tickets to our show.
- 19:51There's only so many people that can fit on the S S Unicorn fart
- 19:56dust cruise ship. I'm glad you're on it.
- 19:59I appreciate you being here. Be good to yourself today.
- 20:02That will give you right a platform from which you can go
- 20:06do some good for other people right.
- 20:08Just don't be Thunder today. Just don't make noise, be
- 20:11lightning. Make something happen and I'll
- 20:14see you soon. Thank you.