Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / Good Attracts Good - Unicorn Fart Dust Update

Transcript

Good Attracts Good - Unicorn Fart Dust Update · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

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