Latest / The Paul Barron Crypto Show / Hunter Biden's $LAPTOP🔥Grift or Genius?
Transcript
- 0:00Speaker 1: Today, we're going to do a token analysis that I
- 0:02Speaker 1: think will surprise you. And that, of course, is going
- 0:04Speaker 1: to be talking about where laptop is heading. Let's break
- 0:08Speaker 1: right into it. I want to thank our sponsor today.
- 0:10Speaker 1: And that is Tangim, where you guys can get into
- 0:12Speaker 1: full self custody. Very easy to do your secure crypto
- 0:17Speaker 1: hardware wallet. And one of the things about Tangim that
- 0:20Speaker 1: I think a lot of people misunderstand with self custody
- 0:23Speaker 1: is the ease of use and also the ease of
- 0:26Speaker 1: being able to get this set up for you. It's
- 0:27Speaker 1: like a credit card works with your phone.
- 0:30Speaker 2: Always present.
- 0:31Speaker 1: Make sure to get a three card set so you've
- 0:33Speaker 1: got a backup. But you guys, of course, can use
- 0:35Speaker 1: our link down below. It's going to give you a
- 0:36Speaker 1: 10% discount. And they also have several offers from time
- 0:40Speaker 1: to time. So always check what's going on.
- 0:43Speaker 2: Over there on the website.
- 0:44Speaker 1: This is the self-custody to use. So make sure and
- 0:47Speaker 1: check it out. Everybody's going to ask about this. So
- 0:49Speaker 1: we thought we would preempt your questions. And that is
- 0:52Speaker 1: what is going on with the laptop token? This being
- 0:55Speaker 1: launched by Hunter Biden. and apparently another team of degenerates
- 1:00Speaker 1: that are coming in on this. If you go over
- 1:01Speaker 1: to laptop token, you can kind of see exactly what
- 1:03Speaker 1: I'm showing you here, which is a full understanding, including
- 1:07Speaker 1: even the contract address, which is going out ahead of
- 1:10Speaker 1: the token, which launches tomorrow.
- 1:13Speaker 2: So there's interesting things.
- 1:15Speaker 1: Though, that this plays into that I think in reality
- 1:19Speaker 1: is a very unique and smart way to do this.
- 1:22Speaker 1: If you look at the predictions, this is how this
- 1:25Speaker 1: token is tied.
- 1:27Speaker 2: To performance.
- 1:28Speaker 1: It's based on certain number of prediction markets and there's
- 1:30Speaker 1: going to be a certain number of tokens that we
- 1:33Speaker 1: allocated and we'll break that down here in a second.
- 1:35Speaker 1: But these are the prediction markets that it's tied to.
- 1:38Speaker 1: And of course, if it's yes on the prediction market,
- 1:41Speaker 1: they burn it. If it's no, then they donate this
- 1:44Speaker 1: to a charity. And we checked out the charity. It's
- 1:47Speaker 1: a real charity. The point, and you guys can go
- 1:50Speaker 1: down the white paper. Again, I'm not telling you to
- 1:52Speaker 1: buy this. I'm not telling you to do anything with it.
- 1:54Speaker 1: I'm just giving you the update because I know we're
- 1:56Speaker 1: going to get questions on it. And here's a breakdown
- 1:59Speaker 1: of all 30 different prediction markets, including some that have
- 2:02Speaker 1: not launched. You've got everything from will Trump be impeached
- 2:05Speaker 1: during his term? Democrats taking the House.
- 2:08Speaker 2: This is as.
- 2:09Speaker 1: Close to a political statement token that we have seen
- 2:12Speaker 1: yet in the meme coin space. And this may be
- 2:16Speaker 1: one of those things that absolutely surprises everyone of where
- 2:20Speaker 1: this is heading. If you look at the tokenomics, I
- 2:22Speaker 1: want to break that down for you guys real quick.
- 2:24Speaker 1: This is where it gets a bit interesting. And they're
- 2:27Speaker 1: very upfront on this. So it even gone as far
- 2:30Speaker 1: as actually making a Mika white paper, Mika oriented white paper.
- 2:35Speaker 1: And I'll explain here in a second. But the first
- 2:38Speaker 1: day they're going to do an airdrop to 10% of
- 2:41Speaker 1: the token holders. Other areas that are going to get
- 2:43Speaker 1: airdrops is every underwater Trump token holder. That's the one
- 2:48Speaker 1: that is brilliant in essence. When you look of, you know,
- 2:51Speaker 1: people rooting for something like this, that's a good example.
- 2:55Speaker 1: He's also going to go out and somehow tie airdrops
- 2:59Speaker 1: to Substack subscribers. I'm not sure how that's going to
- 3:01Speaker 1: work because that's usually email related. Maybe there's going to
- 3:04Speaker 1: be an outreach campaign if you're following or or subscribe
- 3:07Speaker 1: to Biden's Substack. I'm sure it's going to be on
- 3:09Speaker 1: the paid side of it. But the point is, this
- 3:12Speaker 1: is going to be a full-on structure of how meme
- 3:15Speaker 1: coins might be built in the future. All right, so
- 3:18Speaker 1: I want to go to an ex-post here. And this
- 3:20Speaker 1: kind of breaks down a couple of things within the filing,
- 3:24Speaker 1: which was a MECA filing, disclosed, fully diluted. The whole
- 3:28Speaker 1: point is that this is completely upfront that it is
- 3:32Speaker 1: meme coin it is going to get be a rug
- 3:35Speaker 1: pull it is going to have a certain amount of
- 3:37Speaker 1: winners and there's going to be a certain amount of
- 3:39Speaker 1: losers what surprised me was the chain in which it
- 3:43Speaker 1: was announced on and this is that the audit has
- 3:46Speaker 1: them wiring to a base launch and then eventually to
- 3:50Speaker 1: a Solana bridge so it's going to go multi-chain I
- 3:55Speaker 1: am sure that Solana is waiting in the wings of
- 3:58Speaker 1: for an advanced launch on this to try to steal
- 4:01Speaker 1: the thunder I imagine from BASE.
- 4:03Speaker 2: BASE has a huge.
- 4:06Speaker 1: Challenge against them because I think the question is going
- 4:08Speaker 1: to be will BASE, will Coinbase go in and list
- 4:12Speaker 1: this token because that would be somewhat of a political statement.
- 4:15Speaker 1: So I want to go to a clip here of
- 4:17Speaker 1: Hunter Biden on Candace Owens. Now this is an interview
- 4:21Speaker 1: that was some time back and if you go back
- 4:23Speaker 1: and trace the entity on this token It goes all
- 4:26Speaker 1: the way back into March. So this may have been
- 4:29Speaker 1: in plans for a while. Take a look at this clip.
- 4:32Speaker 3: Yeah, I have to say to you about like the
- 4:33Speaker 3: cryptocurrency thing. I think there's incredible promise in cryptocurrency. I
- 4:37Speaker 3: believe in the, you know, meme token. I want to,
- 4:40Speaker 3: I'll do something one day to create a community. And
- 4:43Speaker 3: there's really good reasons to do it. There's really interesting ways.
- 4:47Speaker 3: And I know people disagree. I just happen to be
- 4:49Speaker 3: kind of like a, I think it is incredible freedom
- 4:52Speaker 3: in a world in which we've been controlled by banks.
- 4:54Speaker 3: So if you have the same problem that I have
- 4:56Speaker 3: with big pharma banks and the Fed, I truly believe
- 5:00Speaker 3: in kind of the manifesto of Bitcoin. But that's just me, regardless.
- 5:04Speaker 3: My point is, is that they had such an opportunity.
- 5:06Speaker 3: They had such an opportunity.
- 5:09Speaker 2: All right.
- 5:09Speaker 1: So there at the end of the clip, what you
- 5:10Speaker 1: heard is they had such an opportunity. What he was
- 5:13Speaker 1: referencing was Trump's token launch, the Melania token, etc., the
- 5:17Speaker 1: opportunity to really make this something that was bigger. And
- 5:21Speaker 1: remember that when Trump launched his token, there was no perps.
- 5:24Speaker 1: I'll get into that in a second. And there definitely
- 5:27Speaker 1: wasn't the attraction toward the political side of where this
- 5:31Speaker 1: maybe played out. And I think that's where Hunter is
- 5:34Speaker 1: trying to go with this. He went on further on
- 5:37Speaker 1: Tucker Carlson's podcast, did something that also kind of forecasted
- 5:43Speaker 1: what he was planning to do with this token.
- 5:45Speaker 2: Take a look.
- 5:46Speaker 3: And that's not to say, oh, I'm such a good guy.
- 5:48Speaker 3: I mean, because I get paid and I write a
- 5:50Speaker 3: sub stack because I hope to get paid. I hope
- 5:52Speaker 3: people go read it so that I can make a living.
- 5:55Speaker 3: I really believe in cryptocurrency. I really believe in those things.
- 5:58Speaker 3: I want to do something in that space. And, you know,
- 6:00Speaker 3: not because of any other thing than I believe in it.
- 6:04Speaker 3: But you know what? I also want to make some money. Yeah.
- 6:07Speaker 3: I think that we have such an opportunity to find
- 6:10Speaker 3: common ground, to do this a different way. Once you
- 6:13Speaker 3: get out of debt, it's like, what's the point of
- 6:15Speaker 3: accumulating money?
- 6:16Speaker 2: I really feel that's wrong.
- 6:17Speaker 3: And that's exactly the way I feel. Just get me
- 6:20Speaker 3: out of the debt. And that's the other thing. People
- 6:21Speaker 3: don't like, oh, you're like millions of dollars. You know,
- 6:26Speaker 3: law firms and others.
- 6:27Speaker 2: Yeah, you know about debt.
- 6:30Speaker 3: But this is me. I'm not running for anything. You
- 6:34Speaker 3: gave me a platform. I'm going to use it. And
- 6:36Speaker 3: not only am I going to use it to benefit
- 6:37Speaker 3: myself and my family, but hopefully benefit people along the way.
- 6:42Speaker 1: So what you can see there is he's very transparent,
- 6:44Speaker 1: very open about admitting to this is all to make
- 6:48Speaker 1: money for me to pay off bills and all these
- 6:51Speaker 1: debts that I've got. OK, so let's go over to
- 6:53Speaker 1: kind of the breakdown here on laptop. And you can
- 6:56Speaker 1: see a couple of points I want to start with,
- 6:58Speaker 1: which are kind of the obvious. He monetized his own humiliation,
- 7:01Speaker 1: not his glory. That's a big deal versus Trump's was
- 7:04Speaker 1: more of a monument to him. One a statue, the
- 7:07Speaker 1: other is a joke that he's he's in on. And
- 7:10Speaker 1: it's a punchline. So does it matter what a meme
- 7:13Speaker 1: coin is about? You know, some people would say yes,
- 7:15Speaker 1: but some people would probably disagree and say, no, it doesn't.
- 7:18Speaker 1: It's all meme coins. The other thing you have to
- 7:20Speaker 1: look at is where the supply goes. And this is
- 7:22Speaker 1: where it gets interesting. The 30% predictions, we kind of
- 7:24Speaker 1: broke that down for you, that this is going to
- 7:27Speaker 1: go to burn tokens and or on the other side,
- 7:30Speaker 1: actually go to a charity. 30% to the founder. So
- 7:33Speaker 1: it's pretty standard. Actually, many of you guys might think
- 7:35Speaker 1: that's not necessarily the case. That is pretty standard for
- 7:38Speaker 1: a meme token founder. There's going to be 20% in airdrops. This, again,
- 7:43Speaker 1: going to the holders on the early stage and then
- 7:45Speaker 1: some over time. There's still 10% to liquidity, 5% to
- 7:50Speaker 1: the charity, and then the treasury holding at 5% as well.
- 7:53Speaker 1: So 30% to founders, is it disqualifying or standard?
- 7:56Speaker 2: It is a standard. So don't overlook that.
- 7:59Speaker 1: Other things you have to look at, 30% can never
- 8:02Speaker 1: reach them. This is an interesting play because there's an
- 8:06Speaker 1: alignment within this token where 30% of the full token
- 8:10Speaker 1: valuation is going to be completely either burned or unattainable
- 8:15Speaker 1: by the founders.
- 8:15Speaker 2: That's a big deal.
- 8:16Speaker 1: I can't name another meme coin that locked 30% away
- 8:20Speaker 1: from founders themselves. Again, I'm not condoning or saying you
- 8:23Speaker 1: should go out and buy this. I'm giving you an analysis.
- 8:26Speaker 1: Many of you are going to be asking about this.
- 8:28Speaker 1: Is this a full-on meme coin scam and pump and dump?
- 8:32Speaker 1: You're going to be able to see a little bit
- 8:33Speaker 1: here that may change your mind or may not. 30 bets.
- 8:37Speaker 1: These are the bets that are resolving. This is going
- 8:39Speaker 1: to happen over time. So this is interesting because every
- 8:42Speaker 1: time there's a headline, one of these bets is going
- 8:44Speaker 1: to get resolved and a percentage of that is either
- 8:46Speaker 1: going to get burned or assigned to that charity. So
- 8:50Speaker 1: that in itself is a long burn for marketing.
- 8:52Speaker 2: This is where it gets kind of clever.
- 8:54Speaker 1: And let me go back to the website real quick
- 8:56Speaker 1: to kind of show you guys this. And what it's
- 8:58Speaker 1: getting into is whether or not there's going to be references.
- 9:01Speaker 1: So in other words, haters. And who's going to be?
- 9:05Speaker 1: You've got Elon Musk in here. Will he publicly reference
- 9:07Speaker 1: laptop Trump, CZ, et cetera?
- 9:10Speaker 3: All right.
- 9:10Speaker 1: So what this means is that you've got now some
- 9:14Speaker 1: of the most prolific people in society that may end
- 9:17Speaker 1: up getting a little pressure to mention this. If they
- 9:20Speaker 1: end up mentioning it, this end up burning tokens. If
- 9:25Speaker 1: they don't mention it, it ends up going over to
- 9:27Speaker 1: the no category. That, of course, goes to the charity.
- 9:29Speaker 1: So other things I want to break down is this
- 9:31Speaker 1: right here, and that is hate is fueled. So this
- 9:34Speaker 1: is the other angle that you have to look at.
- 9:37Speaker 1: If you consider that they shorted it, everyone who hated
- 9:40Speaker 1: Trump bet against the coin. And if you look at
- 9:43Speaker 1: the fuel, if you squeeze shorts, bop back in, the
- 9:46Speaker 1: haters were basically the bid. So now there are two
- 9:49Speaker 1: political tribes who want this dead, all right? First, it's
- 9:54Speaker 1: who's left to sell if the hater's actually short. Remember
- 9:58Speaker 1: that perps were not around when the Trump token was launched.
- 10:01Speaker 1: So this changes maybe the dynamics by a long shot
- 10:05Speaker 1: and also the fact that it's going to be multi-chain.
- 10:07Speaker 2: So is this a tribe coin?
- 10:09Speaker 1: Well, if you look at all the podcasts that he's
- 10:11Speaker 1: gone on, Tucker, Candace, Fuentes, and Mayer, And then you've
- 10:15Speaker 1: got Joe Rogan potentially down the road. So not one
- 10:19Speaker 1: of these is a Democrat show. So it doesn't necessarily
- 10:22Speaker 1: mean left or right. Does he have enough degen support
- 10:26Speaker 1: is the real question that Trump actually had. Because remember,
- 10:29Speaker 1: there was a lot of new people in crypto that
- 10:31Speaker 1: bought the Trump token, probably had never purchased crypto before.
- 10:35Speaker 2: Is it going to be different this time around? I
- 10:38Speaker 2: don't know. And it's going to be.
- 10:39Speaker 1: Interesting to see what would be qualified as a success
- 10:42Speaker 1: as well. Matter of fact, let me know what you
- 10:44Speaker 1: guys think. Where would this, in terms of market cap,
- 10:47Speaker 1: where would you say this ends up as a success?
- 10:50Speaker 1: The market says no. Right now, fully diluted value options
- 10:55Speaker 1: right now in terms of prediction at 74% for 100 mil,
- 10:59Speaker 1: 250 mil in terms of fully diluted value at about 52%.
- 11:03Speaker 1: And then, of course, you can kind of see the
- 11:05Speaker 1: declining there. But flimping Trump token is priced near zero.
- 11:10Speaker 1: That's the interesting setup here for shorts. And if this
- 11:14Speaker 1: actually happens, what happens if everyone thinks flipping Trump is
- 11:17Speaker 1: impossible and we end up seeing.
- 11:19Speaker 2: A market play on this?
- 11:20Speaker 1: So very intriguing dynamics happening all across this strategy. Flip
- 11:27Speaker 1: Trump and you'll kind of have to define the flip
- 11:30Speaker 1: versus fully diluted value versus market cap. But really, I
- 11:34Speaker 1: don't even think it's going to matter because the headline
- 11:36Speaker 1: is going to read still that Hunter Biden flips Trump
- 11:39Speaker 1: in term.
- 11:40Speaker 2: Of his meme coins.
- 11:42Speaker 1: So who actually gets the tokens is the breakdown, his
- 11:45Speaker 1: own people. This is going to be the sub-subscribers, the
- 11:48Speaker 1: ones who showed up. And then Trump's wallet holders, almost
- 11:52Speaker 1: a million wallet holders right now, 3.81 billion underwater. These
- 11:57Speaker 1: would be getting 10% of the airdrops coming back in.
- 12:00Speaker 1: So again, another brilliant move. All right, so this is
- 12:04Speaker 1: launching on base, which really creates, I think, a problem
- 12:07Speaker 1: for base because they already have issues with meme coins.
- 12:11Speaker 1: And this is probably going to be a huge opportunity
- 12:14Speaker 1: for them going forward. And it may set the timeline
- 12:18Speaker 1: up here where we may see other things that could
- 12:20Speaker 1: possibly go there. But if this goes multi-chain and base
- 12:22Speaker 1: fumbles this, this would be huge. And if they don't,
- 12:26Speaker 1: actually take advantage of this, then the question is, is
- 12:29Speaker 1: how does this play out politically for Coinbase? And all
- 12:32Speaker 1: of this is a very intriguing launch strategy. Coinbase needs
- 12:36Speaker 1: a hedge. And this is where I think it plays in.
- 12:39Speaker 1: So remember, they've pretty much been all in when it
- 12:42Speaker 1: came to backing Trump. And because of the Clarity Act,
- 12:45Speaker 1: this has all been since the election. But the midterms
- 12:48Speaker 1: are very close. So they need a win that possibly
- 12:51Speaker 1: sways the Democrats in some way. Remember, the Democrats most
- 12:55Speaker 1: likely are going to take the House and they're challenging
- 12:57Speaker 1: the Senate as well. So does Coinbase need this to
- 13:00Speaker 1: work for political reasons is the other question. This becomes
- 13:03Speaker 1: such a cultural moment because this is starting to shift
- 13:07Speaker 1: narratives in many ways. The bridge also, I think, changes everything.
- 13:11Speaker 1: If we go base to Solana, the audit's already showing
- 13:15Speaker 1: a bridge that goes to multi-chain.
- 13:17Speaker 2: Base has weeks to get this done. Huge deal.
- 13:20Speaker 1: Will Solana play this game better than Base does? I
- 13:22Speaker 1: can guarantee you they are setting up their marketing and
- 13:26Speaker 1: they're planning for this right now.
- 13:27Speaker 2: It's probably already happened, most likely.
- 13:30Speaker 1: And the honest part is pretty straightforward, guys. 30% to
- 13:33Speaker 1: the founders. We're going to see that the shell issuer
- 13:37Speaker 1: is BVI. And we already know that there's a no-named
- 13:40Speaker 1: owner in the Caymans. And this entity launched in March,
- 13:45Speaker 1: so it all predates all of this.
- 13:46Speaker 2: So this is very open. Very open. This is still
- 13:50Speaker 2: a meme coin. Nobody owes you nothing. It's typical. You
- 13:53Speaker 2: guys know my stance on meme coins. I just don't
- 13:55Speaker 2: invest them.
- 13:55Speaker 1: So the question will be, who's more likely to sell
- 13:58Speaker 1: their allocation? Would it be Trump or Hunter? In their
- 14:00Speaker 1: particular meme coins, I think, yeah, it's Hunter. He's already
- 14:03Speaker 1: said that that's the case. But does it and will
- 14:06Speaker 1: it even matter, I think, is the real question.
- 14:08Speaker 2: So how would he sell it?
- 14:09Speaker 1: So if you look at when this plays out, I mean,
- 14:11Speaker 1: this all the way goes all the way out to
- 14:13Speaker 1: month 36 in.
- 14:15Speaker 2: Terms of these unlocks.
- 14:16Speaker 1: So This would take time to do as well. This
- 14:19Speaker 1: is all geared toward a period of time along with
- 14:22Speaker 1: many events that have to happen throughout that. So I
- 14:26Speaker 1: think that's the question right here is going to be
- 14:29Speaker 1: who is going to be more likely to sell. It's
- 14:30Speaker 1: going to be Hunter for sure. Last up here is
- 14:34Speaker 1: two coins, two families. You can kind of see the
- 14:36Speaker 1: rundown here on what it's about. Did he held office? Obviously,
- 14:41Speaker 1: that's President Trump. Hunter has nothing going. The Mika filing
- 14:45Speaker 1: is intriguing to me. just because of the disclosures required there.
- 14:49Speaker 1: And then the airdrops are also another very brilliant way
- 14:53Speaker 1: to get these done when you're talking meme coins. And
- 14:57Speaker 1: that is the big difference. So which one would you
- 14:59Speaker 1: rather my audience buy? If I look at it this
- 15:03Speaker 1: way and you're having fun, look at the strategies here.
- 15:06Speaker 2: Just look at it.
- 15:07Speaker 1: Then you apply the potential perps market to this. If
- 15:10Speaker 1: you're going to have fun on these, laptop would probably
- 15:12Speaker 1: be the pick. But again, this is all speculative for
- 15:16Speaker 1: entertainment purposes only. You guys know my stance on meme coins.
- 15:19Speaker 1: All of this is a no-go for me, but it's
- 15:21Speaker 1: an intriguing analysis in strategy of how to launch a
- 15:26Speaker 1: meme coin on today's blockchain strategies that are playing out
- 15:29Speaker 1: in the market.
- 15:30Speaker 2: We're going to cover more like this. It's going to
- 15:31Speaker 2: be fun.
- 15:38Speaker 1: If you like this video, hit like and subscribe, drop
- 15:40Speaker 1: a comment down below, and also join our free private
- 15:44Speaker 1: member group.
- 15:44Speaker 2: The link is in the description.