Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / **Moving UP!** - This is HOW and WHY

Transcript

**Moving UP!** - This is HOW and WHY · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:42
Hey guys, welcome to the live stream, welcome to the basement.
0:45
We aren't going anywhere. UFD.
0:47
We are heading in One Direction. And I believe that to be
0:50
straight up, we are now #2 hey, we got a little something, a big
0:54
something to celebrate because community, and we're going to
0:57
watch a video from your ad a little bit later in this live
1:01
stream. But community is the defining
1:04
factor in the value of any meme coin, I would argue, even to a
1:08
certain extent, most all of crypto.
1:10
So let's take a look at this good news that we got yesterday
1:13
from our friend as the duster who shows us this.
1:18
There's as both him and Emma Bowl do a great job of tracking
1:22
our social dominant social metrics because guys, this
1:26
matters, OK? UFD has ascended to the second
1:30
position from third within the pump dot fund ecosystem and has
1:35
improved its rank to 16th in social dominance from 21st of
1:40
all meme coins. Hey, wait a minute here.
1:42
Wait a minute, Dusters, reach up and give yourself a pad on your
1:48
horn, OK? We're #2 social dominance in the
1:53
pump fun ecosystem. We moved at the number 16 and
1:56
the entire meme coin ecosystem. We are moving in the right
2:01
direction. I know the price of beans is
2:04
highly discounted right now. I guess that's one way that we
2:07
can say it. But all the meme coins, all
2:10
crypto is kind of getting clobbered lately.
2:12
We've been through this. We've been going through it for
2:14
a while. This is the period where we
2:16
build and we get stronger. And what does that data show us?
2:20
That data shows us that we are building, that we are getting
2:23
stronger. And again, we're going to watch
2:24
a 92nd video from your ad here a little bit later.
2:28
That will make you will cement all of this together because I
2:31
happen to agree with him, OK, I happen to agree with what he
2:35
says about mean coins. But let's go back to this data.
2:38
Look at a few more things in here that are of interest to us.
2:42
We're the only coin yes, sponsored by Moon Pay and Ledger
2:45
for which we will be eternally grateful in comparison to the
2:49
higher ranked coins, OK, there's only one coin bigger than us in
2:53
the pump fund ecosystem. The market cap in first place of
2:57
fart coin is 51 times higher than us.
3:00
We will talk about this every day until we are at Parity and
3:05
take a look at this, OK? To me, I know, I know there's
3:11
Bark Coin and here is UFD. Our circle is getting bigger and
3:19
you know, our circle is not that much smaller than what we see
3:23
with Bark Coin. But this right here is 50.
3:28
See if I can draw this for US. 50 times bigger than US50X OK,
3:37
it's absolutely incredible. Does this does that circle look,
3:41
if that circle was 50 times bigger, it'd be like it'd go off
3:44
the screen. So keep your keep your horns up
3:50
dusters. We are moving in the right
3:52
direction, no doubt about it. Let's watch the myriad video.
3:55
What the heck? I this, this, I think he sums up
4:00
the big reason why I am so excited about what is going on
4:04
with us and with UFD. Here we go.
4:08
I'm going to make it full screen.
4:13
Spirituality and finance are merging into one.
4:16
The combination of the Internet, hyper financialization of
4:19
everything, persistent inflation and blockchain technology are
4:23
bringing the world to a point where even the intangible is
4:26
going to get tokenized. A lot of people are talking
4:29
about tokenizing real estate, tokenizing bonds, tokenizing
4:33
stocks, but in reality this is super boring.
4:36
This will not lead to any major innovation other than.
4:40
Did you hear that right? Like I mean, and that's great
4:42
tokenization of everything is awesome, no doubt about it.
4:44
But it is, you know, and it there's great efficiencies that
4:47
come from it, but it is a little bit boring.
4:50
Maybe minor liquidity or efficiency gains.
4:52
The real next frontier of both finance and culture isn't
4:57
tokenizing the tangible, but rather tokenizing the intangible
5:01
a lot. Now when he means by that
5:03
tokenizing the intangible is tokenizing the relationships
5:07
that we have, tokenizing the sense of belonging, tokenizing
5:11
the shared mission that we have in Unicorn fart dust, good
5:15
attracts good. Tokenizing our ability to bring
5:19
people together, tokenizing the ability to give people a fair
5:24
equal shot. Sorry, I won't give any more
5:26
commentary back to Murad. A lot of people talk about food,
5:30
energy or real estate as some of the biggest markets in the
5:33
world, but in reality the single biggest addressable market in
5:37
the world is the market for reducing human psychological
5:40
suffering. Whichever tokens and communities
5:43
can improve their holders lives at the spiritual level will end
5:47
up becoming the biggest. You need to realize two things.
5:52
Every single crypto token is first and foremost a consumer to
5:56
consumer community as a service product.
5:59
The biggest crypto outperformers in the coming years will be
6:03
tokens that fill their holders hearts with emotion.
6:07
Hold on. Yeah.
6:09
Does UFD fill your heart with emotion, Passion.
6:12
Somebody pointed this video out to me and said sounds like he's
6:14
talking about UFD. Obviously he's big into SPX
6:20
6900, but it really sounds like he's talking about us.
6:23
Let me go back that one part and then I will not talk anymore.
6:27
In the coming years will be tokens that fill their holders
6:31
hearts with emotion, passion, awe, inspiration, a sense of
6:35
belonging, a sense of meaning, mission and hope, motivation and
6:40
belief. OK, Spirit.
6:44
All right, guys. Thank you, Mr. Murad for that.
6:46
How do you feel after watching that?
6:48
Do you? Is your heart filled with the
6:50
emotion when you think about UFDI know for many of us?
6:54
Are you included? You probably are if you're
6:57
joining me here in the basement. I almost forgot.
6:59
Thank you for joining me here in the basement.
7:01
Please retweet this guys, go to YouTube, subscribe on YouTube,
7:06
share the video with all your friends.
7:08
I really appreciate Susie. Also appreciate you being here,
7:12
Right. It's a big deal.
7:13
We're A-Team, we're a club, we're a, we're a community.
7:17
However we want to say it. Like Murad said, guys, that's
7:20
what will will define value in the future.
7:23
We are in a new environment. We are tokenizing good attracts
7:27
good. We are tokenizing a sense of
7:30
belonging. We are tokenizing community.
7:32
We are tokenizing and he talked about this, right?
7:35
And we, and it's, it's look, it's no fun to, to say this is
7:38
the case, but it's a reality that there's an epidemic of
7:42
loneliness all around the world. He talked about human suffering.
7:46
Everybody suffers. It's part of life, right?
7:49
And to the extent that we are able to give us, we, you
7:54
together, a sense of belonging, a safe place, a family, a second
8:00
family, however we want to look at it, a community, a group
8:04
where we can, where we can help alleviate, right, the suffering
8:08
that everybody goes through. That's the value.
8:10
But right now, I feel it. Do you?
8:12
Do you feel it, huh? Do you feel your horn?
8:15
Is your horn tingling? Because the future is bright.
8:20
And guys, I'll say it quickly. There's no other community as
8:23
organic, right? As natural as we are.
8:28
From day one, I spawned it with no expectations.
8:32
You made it. You created it.
8:34
You are the community. You are the CEO.
8:39
Congratulations, you've been promoted.
8:42
You're as much of CEO of Unicorn Bart dust as I am, so I love
8:46
that let's move on here. Susie sent me we got another
8:49
funny video. We got a fun video to watch here
8:52
All right, that shows what are this shows what our community is
8:56
doing shows what we as a group. OK, this came from just a guy
9:01
who shared madman the Madman's clip.
9:05
And hey, this is the Duster, which will be revealed at this
9:10
weekend's big meet up event. Look at that thing.
9:14
It's cool. We Will Rock you the duster.
9:29
I think I am, is it not? OK, shoot.
9:34
Yeah, there's OK. Hold on a second, guys.
9:37
Yeah, it must be a stream Yard issue.
9:39
The sound gets disconnected. Hopefully people could hear the
9:41
Murad audio. I don't know.
9:47
Hopefully you guys were able to hear the Murad audio.
9:49
Let's see here. Yeah, the browser's lost
9:51
connection. Hold on a second.
9:53
You did OK. All right, so I know how to fix
9:57
this. Dusters, bear with me here.
10:00
You can watch me struggle live. We're having some technical
10:02
issues. Please stand by.
10:04
We'll be right back. Hold on here and stop sharing.
10:11
OK, Hold on. I'm still here.
10:14
Hopefully you're still there and we'll share the screen.
10:18
And here we go. I think that's the one,
10:21
actually. Nope.
10:23
How about There we go share. OK Dusters are you There you
10:32
are. Hi, I'm over here, but I'm going
10:34
to put you on full screen and we will try that again.
10:38
Hopefully Susie will let me know if that worked.
10:42
We Will Rock you. I don't know.
10:44
I think the other sign the other one bites it picked up.
11:02
There we go. All right, let's jump right into
11:07
Duster of the Day. OK, today's Duster of the Day is
11:11
Sticky. He goes by Aunt Sticky under
11:13
score UFD. Our good friend Franny from the
11:17
future nominated Sticky to be duster of the day.
11:20
He is doing a tremendous amount for our community.
11:24
I think he may also have a tattoo.
11:27
But look, our community is made-up of great individuals
11:31
like Sticky, like Franny from the future.
11:33
Great, great people. There's UFD corral, there's
11:37
Sticky I we're going to look at this next, but first first, and
11:41
I did not get a sticky because people are in different time
11:46
zones and everything else. I wasn't able to get a, a
11:49
paragraph from him, but I know he appreciates you.
11:52
I know from what you guys tell me, right, that what we have
11:56
here is special and unique sticky.
11:59
You are special and unique and today is your day.
12:02
You are duster of the day. We appreciate you.
12:04
We appreciate what you're doing for the community.
12:07
All of us in the community. Will you all help me right now?
12:10
We're going to pick up the Golden Horn and install it on
12:17
our friend Sticky. Congratulations, Sticky.
12:20
All right, let's talk about our race car driver.
12:22
Don't forget, we've got a McLaren race car driver who is
12:26
working with us and who loves UFD.
12:29
We are very fortunate for that. That's Andre.
12:31
Look at this message that he sent to us yesterday.
12:34
And again, this is all community driven, but this is Andre's
12:41
profile page AS3 at AS3 dot OG. He said hello UFDI just wanted
12:47
to say I'm not very active on here.
12:50
So if I miss your DMS, that's why appreciate all the love on
12:54
the timeline and for the McLaren GT3X.
12:58
I'm excited to race with the Unicorn guys.
13:01
We have multiple USD Unicorn decals proudly displayed on his
13:07
car. Now the video clip you're seeing
13:09
below was taken before the decals were installed, but he
13:12
says shout out to all the dusters and to Ron for keeping
13:16
the fire alive, horns up. Look at that.
13:18
That's our car doing a practice and practice laps in the rain.
13:22
Check that out. Now imagine that because now the
13:25
reality is there are UFD decals on that car.
13:29
OK, this is going to get great exposure.
13:31
This is 100% a community driven and for everybody who was
13:37
involved in this, thank you. Very.
13:39
It says right there decals were added right after this practice
13:43
sesh, which which I believe is what they say in the race car
13:47
world first session. Now it gets even more
13:51
interesting because Mikey Mike says, I can't believe my design.
13:55
Mikey Mike did this UFD design with the McLaren for Andre.
14:00
Looks like we've got a good possibility that they may be on
14:04
the dispatches or maybe even T-shirts are being made for the
14:07
crew, the pit crew of the McLaren, the UFD corral.
14:11
Thank you for giving me this opportunity, Mikey, Mike says.
14:14
And of course to our friend Andre for making it happen for
14:18
the UFD community. Guys, let's get behind our
14:21
friend Andre. It's pretty exciting.
14:24
We have a race car driver, right?
14:26
Racing in major races. I think the next one, I don't
14:29
know if it occurred yet, but was going to be in Mexico City.
14:31
These are big races, big exposure for UFD on a worldwide
14:36
basis because crypto is worldwide.
14:39
Unicorn foreign fart dust is worldwide.
14:43
Take a step back and think about that for a second.
14:46
A lot of us are probably in the United States of America or
14:49
North America. We're also in South America,
14:51
Australia, Asia, Africa, Europe, everywhere.
14:56
OK, our friend Georgie, right, she's in.
14:59
I mean, guys, we are everywhere in the world.
15:01
Georgie coordinated a big neon billboard truck in Las Vegas
15:08
from from Europe. I mean, it's incredible what we
15:12
can do with Web 3. It's incredible what we're doing
15:14
right now. Remember, I'm a 55.
15:16
I'm a 55 year old almost boomer who created a meme coin as an
15:21
experiment. Look, when I was 25, I don't
15:24
know how old you are, right? You're probably younger than me,
15:27
but some of you are older than me.
15:28
But think about this when I was 25, the idea of being able to do
15:32
this, to be able to broadcast and connect, connect, right,
15:37
build relationships with people all over the world through this
15:42
miracle of technology, through the miracle of Web 3.
15:45
And then they have a cryptocurrency that allows us to
15:48
like create value in store value right outside of the Fiat paper.
15:54
Make believe the real Unicorn fart dust of financial system.
16:00
This Unicorn fart does right? The crypto is for real.
16:05
This is real value. It's super exciting and you know
16:08
we got a race car driver in South America.
16:11
Guys, this is wild. This is absolutely wild.
16:15
What is going on All right, let's look at this cartoon.
16:18
You get it. Just the stuff you come up with
16:21
never ceases to amaze. This was shared by Franny from
16:28
the future. Thank you, Franny boy.
16:30
Franny, you're out. You're really cranking.
16:32
But this was created by crazy kittens.
16:35
Look at these cartoons that he's put together.
16:38
Let's pull this up. If my calculations are right,
16:40
tonight's the night we breach the dusty verse next.
16:47
OK, Two hearts, 1 mission infinite.
16:51
And let's rewrite the rules, partner you guys between games,
16:57
between DJ, between everything, you know, the list.
16:59
It's unbelievable what you're coming up with on big macro
17:03
news. Let's talk about we got two big
17:05
macro economic stories to talk about today.
17:08
Big things going on in the world of macroeconomics.
17:11
We're going to talk about the Federal Reserve and Jerome
17:14
Powell next, 'cause that's the big news story today that will
17:18
impact all the markets, including the crypto market.
17:21
But first, we got this big news story yesterday, which
17:25
undoubtedly notably has a big message for people in the crypto
17:30
sector. And here we go from NBC News, a
17:34
source we can trust. the United States Senate passes landmark
17:38
crypto regulation bill on a bipartisan vote, sending it to
17:43
the House. So the Senate passed 68 to 30,
17:47
the Genius Act, which was the first time the Senate passed
17:50
major legislation to regulate digital assets.
17:55
All right, let's dig in a little bit because this will affect us.
17:59
After weeks of stops and starts, Senate Republicans teamed up
18:02
with a block of Democrats on Tuesday to pass a landmark
18:05
crypto bill that would establish the first regulatory framework
18:09
for issuers of stable coins. So this has to do with stable
18:13
coins. I feel like an old crypto guru.
18:16
Now we're talking about things like, I believe USDC, the other
18:20
big, big stable coins. The vote on the Genius Act was
18:24
68 to 30, with 18 Democrats joining more.
18:28
Most Republicans in favor just two Republicans, Rand Paul of
18:33
Kentucky and Josh Hawley from Missouri, my home state voted
18:38
against it. Oh, sorry to hear that.
18:40
The vote was the first time the Senate passed major legislation
18:43
regulating digital assets. So what this shows us in no
18:48
uncertain terms is that cryptocurrency is gaining not
18:52
even mainstream, not only mainstream adoption within the
18:57
Tranfi that stands for traditional finance for all you
19:00
butter cups out there sector, but also within within the
19:06
within within our political system as well.
19:09
OK, Tranfi it's adopting. We know that the big major
19:12
financial companies are all even JP Morgan, right, is beginning
19:17
to adopt crypto, Bitcoin stable coins.
19:21
But now we're also seeing it from a governmental legislative
19:25
perspective. Crypto is here to stay, right?
19:28
Look, you know, I'm a gold and silver maxi.
19:30
That's what I've I've always loved precious metals, precious
19:33
metal mining stocks. From what I've learned over the
19:37
last six months about crypto, it's all they're all the very
19:41
similar. We're talking about the ability
19:44
to to to to store value outside of the Fiat paper money system.
19:51
If you have not studied that, guys, I would highly recommend
19:54
it. Do a little bit of research,
19:56
right, the paper money system right right here.
20:00
Well, I'll get into it in a second, but the paper money
20:02
system right is set up. For the, for the, for the Fiat
20:06
money to lose value. All right.
20:08
Now the other big news story today will be the Federal
20:11
Reserve will announce their interest rate decision monetary
20:15
policy. If you want to be fancy, you can
20:17
say the monetary policy decision will come out about 1:00 PM
20:21
Eastern. I believe it is.
20:23
Nothing is going to happen, OK? They're not going to change
20:26
rates. There's like a 99.9%, We looked
20:30
at that yesterday, chance that rates are going to remain the
20:32
same. But it doesn't matter, guys,
20:34
because of this, no matter how you slice it or dice it, it's
20:38
all smoke and mirrors. What the Fed is doing right now.
20:41
It's all Wizard of Oz. Because no matter how you slice
20:44
it or dice it, if you, I'm not going to say that again, OK, no
20:52
matter what perspective you look at it from, there's no way going
20:56
forward that the US dollar in real terms will keep its value.
21:02
It will continue to go down in value.
21:05
Think about this. Even under the best of
21:07
circumstances, the Federal Reserve has a target inflation
21:11
rate of 2%. That means under the best of
21:14
circumstances, they want to steal 2% of your money.
21:18
That means, that means, I'll just give you an example.
21:22
That means if I did something for you right, a year ago and
21:27
you gave me this OK paper dollar and I've held onto it, which I
21:31
have because it's a special dollar that came from you.
21:35
Over the course of that year, under the, under the best of
21:38
circumstances, this lost 150th or 2% of its value.
21:43
The reality is because we know inflation is much higher than
21:46
that, it probably lost, excuse me, closer to 120th or 5% of its
21:52
value. And it will continue to do that
21:55
in the future. OK, That, that that's, that's
21:59
the reality. No matter what they talk about
22:01
with inflation rates and dot plots and it's all smoke and
22:05
mirrors. It's all, it's all the
22:07
distraction, right? This, the value of this is based
22:11
on nothing but confidence and in debt.
22:14
And now there's almost 37 trillion of it.
22:17
And so no matter what happens today, it doesn't matter.
22:20
That's why it's important to be, in my opinion, and I'm not a
22:24
financial advisor, don't make any financial decisions based on
22:27
anything that I have said or will say today during this live
22:30
stream. But it's important to have your
22:33
value stored in assets that are finite in nature.
22:37
Let me give you an example. This is not finite.
22:40
They print, they printed 40% more of these during the C-19
22:44
crisis alone. Five years ago, 40%.
22:48
Okay, that would be like this. I got a great way to explain
22:52
that to you. And that's why this has gone
22:54
down in value. Think back five years ago,
22:57
right? Things at the dollar store five
22:59
years ago cost a dollar. Now I go to the dollar store
23:03
mostly to buy candy, and everything's $1.25.
23:07
It's incredible. OK, But here's a great way to
23:09
think about how that printing of this right makes it lose value.
23:15
It would be like this is a this is a jug that represents all of
23:20
the Unicorn fart does beans that have been created and ever will
23:24
be created. 999 million. We can't make any more.
23:27
I can't make the jug bigger. But just for example, sakes.
23:31
What I want to show and explain to you is this what the US
23:34
government does when they print money, right?
23:37
And that that 40% number that was thrown around and I've been
23:40
throwing it around here during the during the live stream.
23:43
That would be like if I came on here one day and said, guess
23:47
what, guys, they change the rules, we can make more beans.
23:50
That is not the case. That will never be the case.
23:53
This is only an example. And I said now instead of a
23:56
billion, we're going to round up to a billion UFD coins that are
24:00
in circulation. Guess what, we're going to make
24:03
another 400 million. That would be like what the US
24:07
government or what the what the what, what, what the Fed did
24:10
during the C-19 crisis. I'm going to go from having just
24:13
a billion beans to 1.4 billion. That would make the value of the
24:18
beans go down, right? Again, that was just an example
24:21
that will never happen. But that's why this thing can
24:25
lose money. And it's not just this, it's the
24:27
yen in Japan, it's the euro in Europe, any country.
24:31
It happened in Venezuela, right? Ask anybody you know from
24:35
Venezuela, you print money, you know, whatever that country is
24:38
in Africa where you can get $10 trillion bills.
24:41
So no matter what they do today from the Fed, the bottom line is
24:46
that that that the Fiat, the dollar system, unfortunately,
24:52
the founding bothers are rolling over in their graves just like
24:55
we are, is going to go down and value things that are finite in
24:58
nature like this. I can't shake the beans.
25:01
You may notice I've been talking a little softer because I have a
25:05
large number of young. We had a sleepover there
25:08
sleeping right above me, but I can't make more beans and we're
25:15
headed for a all right, The other things that finite, you
25:23
guys love to hear. Look, I know a lot about gold
25:25
and silver. Gold is finite.
25:27
Yes, there is more gold created every year, like 2% more.
25:30
Silver is finite. There's a silver coin you've
25:34
never held. A1 oz Silver coin.
25:36
I love silver. I'm just being honest with you,
25:38
OK? You know I love UFD.
25:40
You know I love you, right? All that good stuff.
25:42
But this is also finite. What's?
25:45
There's only so much on the Earth, OK, There's only and it's
25:49
very difficult to dig this stuff up out of the ground.
25:52
I used to call silver for years the original cryptocurrency,
25:56
right, because it is decentralized.
25:58
It is withstood every every war political system and it's always
26:03
been valuable everywhere in the world.
26:05
I used to say take a globe, spin it, close your eyes, put your
26:10
finger, OK, wherever that finger lands on the on the globe,
26:14
right? Silver will be valuable.
26:16
Gold will be valuable. But you know what we can add to
26:19
that list now? Unicorn fart dust will be
26:21
valuable anywhere in the world. It's independent, right?
26:26
To go get some. Here's a great example.
26:29
Before the OR during the Civil War, the South created
26:32
Confederate dollars. You know what they became
26:35
worthless after the South one. I'm sorry, lost the Civil War,
26:39
People were using them to wallpaper their houses on the
26:43
inside 'cause they ain't no other use for them, right?
26:46
So anyway, I went off on a tangent, but that's why I think
26:50
it's so important today, no matter what the Fed does.
26:52
Yes, it could rock the markets, no doubt about it, but at the
26:55
end of the day, it's all smoke and mirrors and we want to be
26:58
intangible assets. The big deal for UFD is
27:01
community and what you proved, OK, they're #2 again on pump Fun
27:08
in the pump fun ecosystem when it comes to social dominance.
27:11
What did Murad right? And I agree with Murad.
27:16
I, I agree with him 100%, right? The community, the intangible,
27:20
the value that's created because of what we're doing together
27:24
makes the difference. And it will continue to make
27:27
make the difference. I want to say thank you to you
27:30
for being here today. Again, please retweet this, get
27:33
it out, share it, go on YouTube, share it, do what you can.
27:36
Let's get more and more people right turned on to what we have
27:41
here in UFD and we have something special.
27:44
I still don't know how you got in my basement, but I'm glad you
27:49
did. And don't forget, be good to
27:51
yourself today. That'll give you an awesome
27:54
platform from which you can be good to other people.
27:57
Have a great day and I'll see you soon.