Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **Crypto Investors!** YOU BEST Listen to THIS! - Unicorn Fart Dust

Transcript

**Crypto Investors!** YOU BEST Listen to THIS! - Unicorn Fart Dust · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  Hey everybody, welcome to Duster Club, Horns up Dusters.
• 0:04
  I apologize for being late this morning.
• 0:06
  I had something come up. I'll leave it at that.
• 0:09
  Anyhow, we as a project are doing some incredible things
• 0:14
  because of you. OK, We know a couple things.
• 0:18
  We don't know exactly where we're going.
• 0:21
  We do know where we've been. We do know what we've been
• 0:26
  through and we do know what we are doing right now today, which
• 0:31
  is the only thing that matters and that is continuing to build
• 0:34
  this project. So I think we all do know where
• 0:38
  we are going. I hope you followed me on that
• 0:40
  one because it's super exciting to see.
• 0:43
  I was talking to one of the big whales last night and he was
• 0:47
  like, gosh, you know, the spirit in the camaraderie in this
• 0:52
  project is like nothing that I've ever, ever seen in the
• 0:56
  world of crypto. And this person has been in
• 0:58
  crypto for like over 10 years. Like one of the O GS, like real
• 1:03
  O GS guys, what we are doing, what you are doing on a daily
• 1:07
  basis. Hold on here, got a little tech
• 1:10
  issue and hopefully that has been fixed here we go OK Yep,
• 1:15
  hopefully you can see me and hear me what you're doing is
• 1:18
  truly incredible. Now today we're going to talk
• 1:21
  about a big warning, OK, A horrible story that I'm going to
• 1:25
  share with you next about what happened to somebody in crypto.
• 1:28
  Really, really heartbreaking and I'll give you some warnings, my
• 1:32
  insight on this issue and then we're going to talk about some
• 1:35
  scary things going on in the world in the general economy
• 1:38
  that will impact general could have an impact on crypto and on
• 1:44
  the Unicorn Bart dust project because it is getting hairy out
• 1:47
  there. But first, let's go to this
• 1:49
  heartbreaking story. You know, I was hacked when, I
• 1:53
  don't know, a year and two months ago, but this is almost
• 1:57
  even worse. A big story in crypto right now
• 2:01
  from Coindesk. A crypto investor turned $50
• 2:06
  million into $36,000 in one botched move.
• 2:13
  OK, here's the detail. So this person made a a mistake
• 2:19
  basically and they had $50 million and it wound up being
• 2:23
  worth only 36 million. My heart goes out to this
• 2:26
  person, but let's read the details and the lesson that we
• 2:30
  can learn. So the crypto trader lost about
• 2:32
  $50,000,000 in a single transaction after swapping
• 2:37
  interest bearing Ethereum USDT for ETH Ave. through the COW
• 2:43
  protocol. Large losses by slippage
• 2:47
  occasionally occur in decentralized finance when
• 2:51
  traders attempt to execute unusually large orders against
• 2:54
  shallow liquidity pools with arbitrage bots exploiting the
• 2:59
  price dislocation. I'll make that real simple.
• 3:02
  You probably understand it, but if you don't, I'll make it real
• 3:05
  simple for you here in one second.
• 3:07
  Ave. founder Stani Kukoglev said the interface warned the user
• 3:14
  about extraordinary slippage and required explicit confirmation,
• 3:18
  which the user confirmed on their mobile device.
• 3:21
  Obviously they didn't know what they were doing.
• 3:24
  OK, So basically what happened guys in this jet doesn't just
• 3:30
  happen in the crypto market. It happens in the general trad
• 3:33
  fi stock market as well. Look, if you are buying, buying
• 3:38
  or selling crypto, if you are buying or selling stocks or
• 3:42
  bonds or anything, it is a market, it is an auction.
• 3:47
  So if you've got like a lot of money that you're going to
• 3:50
  invest in something that is not like highly traded, right?
• 3:54
  When they when you put an order in and you don't do it with
• 3:57
  what's like called a limit, you're basically saying, and
• 4:01
  that's unfortunately what this guy said with his transaction.
• 4:05
  He apparently said I'll buy $50 million worth of this thinly
• 4:09
  traded crypto, $50 million. And I don't care what the price
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  is. So between arbitragers and just
• 4:16
  the market book that's there, it just fills the orders, fills the
• 4:20
  orders, fills the orders and and the price apparently skyrocketed
• 4:25
  up. But it was a crypto that wasn't
• 4:27
  really worth all that much. You got to be careful, OK, Look,
• 4:32
  I'm not a crypto trading. I'm a crypto investor.
• 4:35
  I buy Unicorn fart dust and hold it.
• 4:37
  So I can't sit here and tell you all the nuances and insurance
• 4:39
  and outs of trading crypto. But I do know that you can use
• 4:43
  limit orders and you always want a limit order says yes I want to
• 4:48
  buy this but the most that I'll pay is X amount for instance
• 4:54
  with Unicorn fart dust. And honestly I haven't checked
• 4:57
  this morning, but let's say our token price is .009 right now.
• 5:02
  If someone were to invest a huge amount of money, let's say let's
• 5:06
  say you had $1,000,000. Well, you millionaire,
• 5:09
  congratulations, for example purposes and you wanted to buy
• 5:14
  $1,000,000 worth of Unicorn fart dust right now, right?
• 5:18
  You don't want to go in and say I want to buy $1,000,000 worth
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  and I don't care what the price is because you would wind up
• 5:25
  overpaying because the liquidity right, while it's really good.
• 5:29
  You would have a there'd be major in crypto.
• 5:31
  They call it slippage, right? Basically, you'd get ripped off
• 5:35
  because people would sell sell to you higher and higher and
• 5:38
  higher. You always want to use limit OK
• 5:42
  again and I've got a lot of experience I can tell you this
• 5:45
  for sure in the in the Tranfi stock market, especially with
• 5:50
  small companies in the stock market.
• 5:52
  It's the exact same thing right with junior gold mining and
• 5:56
  silver mining companies, for instance, if you want to their
• 5:59
  stocks don't trade. Sometimes they only trade,
• 6:02
  sometimes they don't trade at all during the day.
• 6:04
  Sometimes they trade 10,000 or $100,000 worth of the stock.
• 6:08
  If you go in and buy that and you say and you do a what's
• 6:12
  called a market order, right, you, you're just going to get
• 6:15
  the price that people are willing to sell it at.
• 6:18
  You always want to use limit orders and always know what
• 6:22
  you're doing. Somebody lost $50 million.
• 6:25
  That is heartbreaking. And again, right, our hearts go
• 6:28
  out to that person. That for anyone is a pretty
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  devastating blow. OK, let's talk about economic
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  doom. Why don't we?
• 6:37
  What's going on out there in the real, real world?
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  Look, we've got war going on. We have a major energy crisis.
• 6:43
  This oil situation, the cat is out of the bag.
• 6:47
  More on that later. But let's just to give you an
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  idea of how how critical things are becoming in Asia.
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  In Asia, they import most of their oil.
• 6:57
  Check this out from China. This is interesting.
• 7:00
  OK David Blockman, who's like an energy analyst, put this out.
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  Gas lines in China Rock has verified that the video below is
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  real. Thousands of Chinese drivers are
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  lining up at gas stations to fill their tanks before major
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  price increases go into effect. The net effect of all this is
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  going to be money printing and liquidity.
• 7:22
  We'll get to that in a second. This is what things look like in
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  the US during the oil shock of 1973.
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  Check this out, guys. Hold on.
• 7:31
  Let's get back to the beginning. We won't watch the whole thing,
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  but this is worth checking out. This is China Gap yesterday.
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  I apologize. Look at the lines.
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  They aren't in line for a Taylor Swift concert, right?
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  They are in line. It keeps going.
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  Look at that to buy gas in China.
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  Wow. So things must be pretty
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  critical if indeed we have a situation where people are
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  willing to wait in those lines. I mean, that looks like what?
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  And at least an hour, 2 hours to get to the gas station.
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  OK, Things are getting crazy everywhere in the world and it
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  is pushing people away from they're concerned about Fiat
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  money or, or having their money in Fiat, in cash, in Chinese
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  yuan, in U.S. dollars, all of that.
• 8:28
  People all over the world are moving to non Fiat related type
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  investments that would include crypto, which will be good for
• 8:36
  Unicorn fart dust. We saw that in China.
• 8:39
  What's going on at the at the at the gas stations with the oil
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  situation. But look at what's going on in
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  their silver and gold markets. This is from David Lee.
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  This is the Shenzhen Shubai gold market yesterday in China.
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  This is the biggest gold and silver market in China.
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  Wait till you see the crowds of people here and I have no idea
• 9:02
  what this what this guy is saying.
• 9:03
  Maybe he's saying buy Unicorn. Hold on, make sure I don't have
• 9:07
  the right now. I've got it up.
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  This should be on your screen now.
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  And here we go. OK, again, I have no idea what
• 9:30
  he said. Maybe somebody can translate
• 9:32
  that for us. I think he may have said
• 9:34
  something about buy Unicorn for a dust, but I'm not quite sure.
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  This oil situation, the cat is out of the bag.
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  The smartest people around. Jeff Curry, who was the head
• 9:46
  commodity analyst at Goldman Sachs.
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  We're going to watch a little clip from him explaining to us
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  just how critical this oil situation is in the
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  ramifications that it has already created.
• 9:58
  The ship has sailed, right, Pardon the pun, because ships
• 10:02
  aren't going through the Strait of Hormuz, unfortunately, But
• 10:05
  that, no, even if everything went back to normal right now,
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  I'm going to let Jeff Curry explain this to you.
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  But we are in a very precarious situation.
• 10:15
  And here we go. Get them on full screen OK.
• 10:25
  Do you believe that even if there's a ceasefire tomorrow,
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  right now, the next 5 minutes, the world's.
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  Changing. Bloomberg What's changed?
• 10:32
  For one, you've disrupted global supply chains.
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  This is not just a disruption oil, it's gas, it's fertilizers,
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  it's metals, it's Petro chemicals, the list goes on and
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  on. And then you've disrupted supply
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  chains in countries all over the world.
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  The ships are in the wrong places.
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  The insurances have been cancelled.
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  You've taken the pressure out of the fields that you've shut in
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  in places like Saudi Arabia or Iraq or even in the UAE.
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  I can just the list goes on and on.
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  The damage is going to take months to unwind.
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  But but I want to bring it to the immediate.
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  There is no policy response that can stop this ascent and crude
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  none. And yes, you hate this 400
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  million barrel headline flow rate is what matters.
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  You know, the maximum sustainable flow rate is 2
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  million barrels per day, so 400. That will take them 200 days to
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  get that out. And you put that in the context
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  of a disruption of, you know, let's net it out of this.
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  It's got to be somewhere around 18,000,000 barrels per day right
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  now. You're just a minuscule in terms
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  of offsetting it. So again, I, there's not many
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  options here. OK, not many options.
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  Not a pretty picture. I don't want to be the prophet
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  of doom and gloom, but I don't think things are looking real
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  good in the world economy. A lot of people now are
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  recognized that even before the war in Iran, the world economy
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  and the US economy in particular was we're already sputtering.
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  So again, I'm what the only the only net result of all of this
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  will be for the Federal Reserve to print money, which will be
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  good for crypto. OK.
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  So buckle up, be prepared. The other major news story going
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  on out there right now in the main big economy is stagflation.
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  OK, Why is stagflation potentially really good for
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  crypto? Because the last time we had big
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  stagflation in the United States was the 1970s.
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  There was no crypto in the 1970s.
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  However, there were gold and silver and those had
• 12:24
  unbelievable price runs during that period.
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  I believe the crypto during this period of stagflation is I've,
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  I've said this all along, you know, I'm a gold and silver
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  maxi. I always have been.
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  I love crypto. Also, I believe from an
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  investment perspective, just my opinion, I'm not a financial
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  advisor, all that good stuff. However, gold and silver and
• 12:48
  crypto are cut from the same cloth, right?
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  They, they kind of accomplished the same thing.
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  One's more physical, one's more digital.
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  So I think we're in good shape in that regard for years and
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  years to come. And stagflation, nobody ever
• 13:02
  talks about it. But then we get this, OK, this
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  is big news. This came out.
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  Hold on, here. Here you go.
• 13:13
  Now you're looking at it from Walter Bloomberg.
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  They're announcing that Powell is expected to warn of
• 13:20
  stagflation risk. They're referring to Jerome
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  Powell, the chairman of the Federal Reserve Bank.
• 13:27
  This is big because he they hate stagflation.
• 13:30
  They absolutely are scared to death of stagflation.
• 13:33
  But it says ahead of the March Fed meeting, Jerome Powell is
• 13:36
  likely to acknowledge stagflation risk as oil prices
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  surge, according to Bank of America.
• 13:45
  So this isn't some guy in his basement saying, oh, I think
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  that the feds going to recognize stagflation and that could be a
• 13:53
  problem. No, right.
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  That's Bank of America talking about stagflation and
• 13:58
  stagflation will be good for crypto.
• 14:02
  Big news this week will be the Fed meeting on on Wednesday.
• 14:06
  We'll hear from the Federal Reserve about their monetary
• 14:10
  policy interest rate type decision, but let's go out and
• 14:14
  take a look at what's pretty much guaranteed at this point.
• 14:17
  This is called the CME Fedwatch tool, Chicago Mercantile
• 14:21
  Exchange. This is where the big money
• 14:23
  determines and bets right, The big, big money where they think
• 14:28
  the interest rates are going to go.
• 14:30
  I will show you what this means right here.
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  I'm circling on the screen. The meeting on the S 18th of
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  March. The current rate is right here.
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  That's our current interest rate.
• 14:43
  This is the matching current interest rate and this tells us
• 14:47
  that there is a 90 wow 98% chance that interest rates will
• 14:55
  remain the same. But where it gets very
• 14:57
  interesting here guys is if we go out into the future, this bar
• 15:02
  across the top, you can see all these different little tabs that
• 15:06
  I'm underlining for you those give us expectations out for the
• 15:10
  next fed meetings. So if we go out the April, we
• 15:14
  can see that there's still a 94% chance that rates won't get cut
• 15:18
  if we go out to June 76. If we go out to July 64,
• 15:25
  basically we got to go all the way out to October to learn that
• 15:30
  there's around a 50% chance that rates will be lower.
• 15:35
  See this down here, 3.253 point O.
• 15:38
  If you add these all together, right, that's only 49.
• 15:43
  There's really only a 49% chance that rates will be lower.
• 15:46
  I'm excited about that because I think that they're the
• 15:49
  expectations that that tells us what the real expectations are
• 15:54
  for interest rates all the way out to October.
• 15:57
  And I think that because of what's happening in in the
• 15:59
  economy right now that we will actually have much lower rates
• 16:03
  and possibly more liquidity money printing.
• 16:06
  And that will be rocket fuel, I believe for the overall crypto
• 16:12
  markets because things aren't good out there.
• 16:14
  One more chart we're going to look at, OK, U.S. housing market
• 16:19
  broken more sellers than buyers by 600,000.
• 16:24
  There are there are 600,000 more people in the US, the housing
• 16:29
  market right now looking to sell their house than there are
• 16:32
  people looking to buy. That gap has never existed
• 16:36
  before. And here's the chart right here.
• 16:39
  You can see the the white line are the sellers.
• 16:45
  So you've got all these sellers. What is that?
• 16:48
  Almost 2 million people looking to sell houses in only 1.3
• 16:53
  million looking to buy. That's the blue line.
• 16:57
  This has never happened before. Again, I don't want to be the
• 17:01
  prophet of gloom and doom in the net effect of all of this.
• 17:06
  You know, we've already got a president who's screaming about
• 17:10
  lower interest rates, who's screaming about injecting
• 17:13
  liquidity into the US economy, printing money essentially.
• 17:18
  And when that happens, which I think it will, I don't have a
• 17:21
  crystal ball. I'll say one more time, you
• 17:23
  know, do your own research. I'm not a financial advisor, all
• 17:26
  that. But when that happens, that will
• 17:28
  be very good for crypto because people are already starting to
• 17:33
  wake up after what happened during C-19 when they printed
• 17:37
  tons of money, right? You know, what happened to
• 17:39
  crypto then? I think that we're likely to
• 17:41
  have some form of a repeat of that, possibly right matching or
• 17:46
  even more extreme to what they did what, four years ago, gosh,
• 17:50
  five years ago. It's going to be very, very
• 17:53
  interesting. I want to show you a video of a
• 17:55
  clip of a video from our friend Kinky Dread, one of our great
• 18:00
  community members. He actually put this on YouTube
• 18:03
  and I shared it yesterday. There we go.
• 18:06
  It's up on the screen. We're going to watch a few
• 18:09
  minutes of this. It is awesome.
• 18:11
  Here you go A. Solar system requires a
• 18:13
  frequency. It requires the relentless
• 18:16
  energy of communities like Unicorn fart dust.
• 18:23
  I am. Kinky Dread, the signal
• 18:24
  amplifier I represent, the unapologetic, vibrant support
• 18:28
  that cuts through the noise of the timeline, he proves.
• 18:33
  That a community isn't just an audience, it is a vital living
• 18:37
  energy source that keeps the entire system in motion.
• 18:42
  While some build their own worlds, others choose to be the
• 18:46
  anchor for ours. I am Captain the Kinolith
• 18:51
  faithful. I am the Silent Engine.
• 18:55
  I navigate the volatile digital seas, supporting the mission
• 18:58
  without demanding the spotlight. He is a sovereign entity who
• 19:12
  chooses to share his. Gravity with ours.
• 19:14
  He represents every. OK, that is awesome.
• 19:17
  I want to show you if you want to watch the whole thing.
• 19:19
  I really love it and it's so great to see our community
• 19:22
  creating this. It is at the KYNOLI Foundry on
• 19:33
  YouTube. You can check out the whole
• 19:34
  thing. Thank you, Kinky for, for making
• 19:37
  that for us, for the community. Guys, let's keep up the great
• 19:41
  work. I think we're heading into a
• 19:43
  period of time, which is going to be very lucrative for the
• 19:46
  overall crypto market. And we have built a foundation
• 19:49
  with this community through Relentless effort, through
• 19:53
  proving right that we can deal with any challenges that that
• 19:57
  that that are that are thrown at us and come out on the other
• 20:00
  side stronger and stronger. And I think it positions us to
• 20:04
  do very, very well in the future.
• 20:07
  That depends on what we do each and every day.
• 20:10
  We've got a a connection within Unicorn fart dust like no other.
• 20:16
  Don't forget, right the coin bait.
• 20:18
  We're going to look at more data tomorrow about about our project
• 20:22
  both. Holder data and performance data
• 20:25
  that is really indicates that we are doing very, very well,
• 20:29
  right? Thanks to you, thanks to the
• 20:32
  community. Keep up the great work, OK?
• 20:34
  I want you to have a good day today.
• 20:36
  Be good to yourself. That will give you a platform
• 20:38
  from which you can be good to other people.
• 20:40
  Take care and I'll see you soon.