Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / Duster Basement GUEST! - $UFD - UNICORN FART DUST meme coin

Transcript

Duster Basement GUEST! - $UFD - UNICORN FART DUST meme coin · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:00
Welcome to Ron's Basement. We have a special guest today
0:04
all the way from Holland. Our friend Vincent is joining us
0:08
here in the basement. And what makes him unique about
0:11
being a UFD duster are a couple things #1 he's from Holland,
0:17
we've spread all around the world #2 he's about the same age
0:21
as me and almost Boomer. And #3 he's a previous silver
0:27
and gold, still a silver and gold investor who was, I guess,
0:31
introduced to Ron's basement through the Silver and Gold
0:34
channel. And we're here today to talk
0:36
about his journey, what he's doing here in Saint Louis and
0:40
why he's part of UFD. Vincent, welcome to Ron's
0:43
basement. Yeah, it's an honour to be here,
0:45
Ron. It's a really special Sunday
0:48
today. Well, we're we're pleased to
0:51
have you. Like I said, it's very unique.
0:54
You're from Europe, you're about my age, you're a silver and gold
0:57
guy. I just want to ask you what got
0:59
you, I guess. Interested in Unicorn fart dust?
1:03
Yeah, let's give it a start, Ron.
1:06
Actually the last 1 1/2 years I have been listening daily to
1:10
your Silver podcast. I apologize for that.
1:15
But actually, I learned a lot from you.
1:18
And since then I'm actually really interested in once in a
1:23
while buying some gold and silver coins.
1:26
And then somewhere in the December, mid-december, you
1:29
started talking about meme coins and Unicorn fire dust.
1:34
And to be honest, I I switched off in the beginning, but
1:39
because I really, really trusted you as a silver expert and I
1:44
learned so much for you and you showed up every day in your
1:49
silver podcast. Actually around Christmas, I
1:53
bought with my first $100. I bought my first around 1000
2:01
Unicorn farthest mean coins. You you you became a a duster at
2:05
that point, correct? Yeah, I became a duster.
2:10
Maybe some people call me a boomer, but technically I'm not
2:13
a boomer I think. But I had a lot of technical
2:17
issues buying those first thousand beans.
2:22
You know that I think that's a a big opportunity for UFD as we
2:26
move forward, like we've accomplished what we've
2:29
accomplished without yet being listed on a tier one exchange,
2:33
which will make it easier for people, maybe even people who
2:37
are a little older like you and I.
2:39
But think of of the the ease at which in the future people will
2:46
be able to buy UFDI. Think it'll open up a whole new
2:49
market of potential butter cups turning into dusters and diamond
2:55
hood dusters as well. Yeah, I think so.
2:59
And actually after Christmas I started buying and eating a bit
3:03
of more beans. And actually I took some beans
3:07
with me from the from the airports and maybe I think you
3:14
are calling me now in Narwhal because I have around 250,000 of
3:19
those beans nowadays. But I've experienced the the
3:24
goods, but also the kind of the the bad days in the in the you
3:29
have day. Yeah, we don't call our whales
3:32
whales. We call them narwhals because as
3:34
you can see, the narwhal is the is the Unicorn of the sea is
3:39
what they refer to them. So, and we have a boy here it's
3:42
and confirm. So yeah, it's been, it's been an
3:46
interesting journey. I know for a lot of the silver
3:50
and gold people, I was a silver and gold person up until
3:54
December 16th. I knew what a meme coin was, but
3:57
I didn't really understand what the value was or why there was
4:03
any value in, in meme coins. And I went through kind of a
4:06
transformation as I, as I learned and you know, kind of
4:10
learned about the community aspect.
4:12
Did you experience that same thing?
4:14
I mean what are what are your thoughts in that regard?
4:16
Well, what I've learned in the last weeks, and we are only
4:21
existing for what is it 12 weeks, 12 weeks, something like
4:25
that, that the, the community gives me a lot of learning, a
4:31
lot of positive conversations, but it also gives me a lot of
4:37
fun to connect with many of the people on the on the crypto
4:42
Twitter. So actually next to my busy
4:47
work, I in the evenings, I spend some time on the on the crypto
4:51
Twitter, engaging and learning from all of you the stars and
4:58
try to support each other and and and convey the message of
5:03
good tracks. Good attracts good.
5:06
Yeah. That was really what was the
5:08
major transformational experience for me.
5:12
You know, I, I created this literally sitting right over
5:14
there. Vincent's down here so we can
5:16
see. And I had no idea, you know, I
5:19
knew what meme coins were, but I had no idea of the community
5:24
aspect of it. And very early in the process,
5:29
maybe the second, third day, it really started to sink in for me
5:33
that this community behind Unicorn fart dust and some of
5:38
the other mean coins as well, that that creates a lot of
5:42
value. You know, this relationship that
5:44
people have a shared belief system, a sense of belonging and
5:49
like you said, fun, right? I mean, I think good attracts
5:52
good is, is the foundation of Unicorn fart dust.
5:57
But then there's a lot of fun that goes on as well.
5:59
I mean, a lot of people having a lot of fun with this,
6:02
definitely. Absolutely, Ron.
6:04
And I think what I've learned in the last days is that UFD is
6:08
truly unique and and rare. Yeah.
6:12
And I think the power of UFD is indeed in the in the community,
6:19
but I think we all can also learn from the fact that a lot
6:23
of the other meme coins were more or less a bit of pump and
6:28
dump coins not with the same fantastic values as as UFD.
6:35
And what we are currently seeing in the markets, I think is that
6:40
in the silver videos, you always talked about the extra pyramids.
6:45
But what I see is that a lot of other investors are dumping
6:50
their, I call them the bad meme coins, and they are rotating
6:57
into UFD because people start to recognize our values and your
7:03
values on. Yeah, the cream rises to the
7:08
top. And, and you know, I've said
7:10
this many Times Now, but two Sundays ago right now, I was
7:14
sitting here talking to Susie's older brother, who's a a very
7:18
successful financial services professional.
7:21
And I was telling him I was frustrated with what was going
7:24
on in the meme coin sector. It was right after I think the
7:27
Libra token was two weeks ago and that whole scandal had
7:31
broken. And he said, you know, the
7:33
crazier the scummier that some of these people get, the better
7:38
that UFD looks. And, you know, just keep doing
7:43
the right thing. Keep up with those those
7:45
foundational principles that we have of honesty, integrity and
7:51
prosperity and transparency. And, and, you know, that will be
7:55
good. And it really feels like to me
7:58
in the last two to three weeks that there has been a big shift
8:01
within the meme coin world, more of a focus on quality.
8:07
And, you know, it feels like to me that that that UFD is
8:11
positioned well to capitalize on that.
8:13
And it's so simple. It's just real easy, to be
8:17
honest. It's real easy to have
8:19
integrity. You know, to me, it's the
8:22
simpler way to do things. And, and it's the good way to do
8:25
things, doing good, you know, just following a good moral code
8:32
is, is a lot more enjoyable and, and I don't know, to me a lot
8:36
easier to do. Yeah, and I think this is about
8:41
also longer term, a lot of the other meme coins are I.
8:47
Love them. Thank you.
8:50
But they are really about the weekly dump and and pump and we
8:56
are here to stay on the longer term.
8:59
And if I am honest, I stepped into UFD because of you because
9:05
you show up every day. But I also trust your story of
9:10
good attracts good and being good in the in the community.
9:14
And I think in the end, that delivers the value of UFD and
9:21
that we really can move to what some people call a generational
9:26
wealth. Today I shook hands with your
9:29
beautiful daughters. I have two sons at home but my
9:35
secret idea is that in the future with my UFD beans I want
9:40
to support my boys buying a house, which is extremely
9:45
difficult currently in Europe. Yeah, You know, I, I sat down
9:50
here very early in the UFD journey and said all along to
9:54
everybody, I want this to be a long term, I say a long term
9:59
flight. I want it to be a long term
10:01
deal. And I know that, yeah, a lot of
10:03
the other coins, not all of them, but most of them were very
10:07
short term oriented pump and dump type situations.
10:10
And I just got so excited about the prospect of this being a
10:18
long term journey in the idea that as the community continued
10:23
to foster itself and to grow and to kind of take on a life of its
10:27
own, which it's doing right now, that it could create a very
10:32
lucrative situation for the people that are got in early.
10:37
And I, I right now still think it's early.
10:40
You know, there's a guy named Saff who's become very
10:43
educational for me personally. And he said this a week ago.
10:47
You know, he talked about these other, these pump and dump
10:49
coins. A lot of times would have secret
10:52
dinners and meetings and where people would be given coins and
10:56
given the opportunity to buy in early before they launched.
11:00
And then they would launch and then they would do the rug pull.
11:03
Like this is this is that that's what we're doing right now.
11:07
I mean, we're so different in terms of how the whole coin was
11:12
created that this period that we're in right now is kind of
11:16
the funding period for UFD. And I can't emphasize enough,
11:20
like I believe this is going to be a long term journey.
11:23
I believe that every single day we have more, every day that
11:28
goes by, we have more and more and more long term holders,
11:32
people like you and me that and it's not just because we're
11:36
older, but a lot of the older people, you know, 455068 seventy
11:42
80s that I'm like, we're more long term oriented, right?
11:47
And a lot of our younger people are too.
11:48
We love every age group everywhere.
11:51
But I do believe it's a long term journey.
11:53
And in a minute here I'm going to have you put a couple of your
11:55
beans for all of our friends in Europe into the jug.
11:58
But I've talked too much. Go ahead.
12:00
Yeah, so you talk about the beans and at home and maybe you
12:06
can show to the viewers the bean in in Chicago.
12:12
I love Chicago. And by the way, now I also love
12:15
Saint Louis because I spent two days in Saint Louis.
12:20
But for me, this big bean in Chicago visualizes how these
12:26
beans can. They're they're seeing the bean
12:29
on the screen right now. That's what they're saying.
12:32
Did you share the right screen now?
12:33
Because sometimes you have a big difficulty sharing the right
12:36
screen. Yeah, we'll, we'll check with
12:38
Susie. But now, right now they're
12:39
seeing the giant bean in Chicago.
12:41
Yes. But really on a serious note,
12:45
Ron, these small beans, what is the value now of USUFD That's
12:51
about 60 or 70. But imagine if they would grow
12:57
as big as as that bean in in in Chicago.
13:03
I never thought about that, Vincent.
13:08
Yeah, it's and that's and this is what the viewers see.
13:11
So guys, that that bean up there.
13:14
Sorry, that's on the screen. Yeah.
13:17
What if our What if our beans grow as big as the the giant
13:20
bean in Chicago? Yeah.
13:22
And the powerful thing of the bean in Chicago is that it
13:26
attracts a lot of people. Yes, when you go there, there's
13:32
a lot of people interested in this, in this big bean.
13:37
And for me that is the same like UFD, we attract a lot of new
13:42
distress hopefully and we can next to growing the bean, this
13:46
is about growing the community, isn't that?
13:49
Yeah, it is. It is.
13:50
That's an interesting perspective on the Bean in
13:53
Chicago because it does attract a lot of attention.
13:59
I know, you know, just from over the last, I think it's been
14:02
there about 20 years at this point.
14:04
I went to College in Chicago and the Bean wasn't there yet.
14:07
It was a subsequent to when I when I moved back to Saint
14:10
Louis. And it seems like I'm always
14:12
seeing pictures of the giant bean in Chicago.
14:16
And at some point, yeah, we'll have a big UFD get together in
14:20
Chicago when our bean is that big.
14:23
Because it can happen, definitely.
14:25
Actually, I think we should go there earlier wrong because I
14:29
I've seen on the crypto Twitter that the the district car is
14:34
almost ready to go. Yeah, and I feel it's a
14:39
fantastic opportunity if we could get the district car
14:42
driving to the Bean in in in Chicago and you farting the the,
14:48
the, the the good news of the UFD.
14:51
Yeah, right. Yeah, I can see the bean with
14:55
the reflection of the duster in it.
14:57
And we even have a one of our critical community members who
15:03
does a lot for UFD. It's funny, long before UFD was
15:08
even created her, her screen name is the bean.
15:11
So these beans are popping up everywhere.
15:14
What about in Saint Louis? You, you discovered some
15:17
interesting Unicorn related. I'm going to go out to your let
15:21
me pull up. Bear with me just one second.
15:25
Yeah, and and maybe I can already start so.
15:28
Go ahead. Looking for the the screen.
15:32
So I had opportunity to visit the the Arch yesterday in Saint
15:39
Louis and that was a fantastic experience.
15:43
And for me, the Arch symbolizes the unlimited potential of UFD.
15:53
But on the series. Now this morning when I stepped
15:55
out of the hotel I walked a few blocks around the the city
16:00
centre and then I arrived at the Soldier Memorial Museum and you
16:07
probably know more about it but actually outside and the role is
16:13
sharing this on the screen now there is 4 unicorns and the
16:19
unicorns are called vision. There's Yep, there's vision.
16:26
There's vision, courage. Wow, that is wild.
16:31
That is up and that's and then what are the other ones?
16:34
I think there's only two pictures here, but let me let me
16:37
go back to this one and just hear you know what I can draw on
16:41
the screen. Vincent temporarily.
16:44
Look at that guys. That would be a Unicorn wing.
16:51
Yeah, it is. And I was so happy to to find
16:56
those unicorns, but it also kept me a bit silent.
17:03
Rome as respects for the the, the, the, the soldiers and the
17:08
history and the values those soldiers and the courage they
17:13
had in to to to support Europe in the World War One.
17:20
Yeah, yeah, yeah. And you know, I think when we
17:23
think about UFD, and I'd be interested to get your
17:27
perspective on this, that what we're doing take some courage as
17:32
well, because all the people out there, you know, the viewer
17:35
who's joining us right now, that's a duster.
17:38
You know, what we're doing within the meme coin sector is a
17:43
little bit different, right? This is a a 100% community
17:48
driven project has been from day one, right?
17:52
I was joked around with you earlier.
17:53
I didn't I didn't plan this. Everyone knows the story behind
17:57
it. I did create it and I took full
18:00
responsibility for what I did. And I've continued to take full
18:04
responsibility and I love it. I wouldn't trade this for the
18:07
world, but it's taken the courage of a lot of people, you
18:13
know, people that have joined our community, people who've
18:16
been willing to make do all types of things, artwork, work
18:21
on all types of projects, the website giveaways, I mean
18:26
people, we have a DJ that did a great thing last night that it's
18:30
taken a lot of courage from a lot of people to to kind of get
18:33
us to where we are now and where we're heading in the future as
18:37
well. Yeah, I agree, Ron.
18:40
And in the in the car to the basement, I had to charge my
18:45
car. And actually I did see the video
18:49
this morning live in in the car. And I also did of course see the
18:54
price of Unicorn enormously going up and holding UFD today
19:01
doesn't take a lot of courage. Actually, a few weeks ago,
19:05
holding UFD, this took a lot of courage and, and, and conviction
19:11
and maybe sacrifices. And to be honest, today I'm
19:16
smiling. A few weeks ago, maybe I didn't
19:20
feel as good as today. And actually I feel that is
19:25
conviction and in and really believing long term in the in in
19:31
UFD. But, and, and, and I want to add
19:35
to that, you know, yes, the whole meme coin sector went
19:38
through a very difficult period. Our token price went down really
19:42
low. But what I experienced during
19:46
that period, which was more encouraging to me than than than
19:50
anything, is that the community continued to strengthen through
19:56
a period of adversity. The community continued to
20:00
strengthen. I could feel it like the
20:02
community was being forged, galvanized, mobilized.
20:08
Nobody, Nobody sent me, and I want to say this because I'm to
20:12
you and everybody. No one sent me a mean message or
20:16
a mean e-mail saying, Oh my gosh, you know, I lost money or
20:20
I'm down or whatever. Nobody did.
20:22
Nobody what I did get. Were hundreds of encouraging
20:27
messages from people saying keep up the good work, keep it up.
20:30
And you know, I had Luke and that's the the founder or well,
20:34
the, the CEO of of Pudgy Penguins on about a week and a
20:38
half ago right in the midst of all that.
20:40
And he said, he said, like these are actually good times for us
20:45
because during these periods, this is when real communities
20:49
are formed, real strength is, is is created within communities.
20:54
And the fact that that our number of holders stayed
20:59
constant during that period while there were just masses of
21:03
people temporarily leaving the meme coin sector, to me was
21:07
actually a big win. You know, in real terms, we, I
21:11
thought we did very well. So.
21:12
Yeah. And to your point, Ron, in the
21:15
in the first weeks, the price did go up very fast.
21:19
Oh yeah, after my February ski, it went down.
21:25
But what you now see is that the the the the price of U of D goes
21:30
slowly up. And in your silver podcast, you
21:34
always said what goes up fast goes down fast.
21:39
You took the. Words out of my mouth.
21:41
Yeah. And to be honest, today I'm
21:43
really convinced that the slow speed we are seeing now compared
21:47
to the fast speeds we had in the Chris around the Christmas, that
21:54
tells me that we have now dusters in our community who are
22:00
really the diamond hoofed dust styles and for.
22:05
So for me, the gradually going up of our prize for value is is
22:12
really good. It's good.
22:13
No, I look, it's a law of nature.
22:15
Anything that goes up real fast usually comes down real fast.
22:18
And that's we were early, we were young.
22:21
I mean, we're still young. We're 12 weeks old, as you and I
22:25
are, are recording this video. So to me, as painful as it was
22:31
and I didn't want it to happen, right?
22:33
Going straight up, you know, what do they call them?
22:36
Unicorn candles or God candles, big green candles.
22:39
That's great, that's exciting. But the reality is the other
22:43
side of that coin is that you usually come back down.
22:46
So while I expected it, I didn't enjoy it.
22:50
I don't think anyone would say they enjoyed it, but I agree
22:53
with you 100%. Now Unicorn fart dust and and
22:58
really it's the community. When I say Unicorn fart dust,
23:01
I'm talking about the community, right?
23:03
Me, you, the person joining us have have kind of, I think
23:07
proven that we can, that we can, that we're here to stay, OK?
23:11
That we're, we're not just a short term flash in the pan
23:18
gambling token that a lot of these others were that we are
23:21
like this, a steady force that were special, were unique and
23:26
that we will have consistent steady growth.
23:30
Because Vincent, there's only 999 million beans in the jug.
23:34
And I'm going to go get up and get the jug because you're going
23:37
to put, I'm going to have you put a few in there for you
23:41
because you're diamond hooved. I, I believe, but also for some
23:44
of our friends in Europe. OK, I'll be right back.
23:47
Yeah, and actually we did do a free taste of of of the beans
23:51
and they really taste fantastic. Yeah, yeah.
23:54
So, guys, don't forget right here, I'll cover myself up.
23:59
This is the most important thing, right?
24:01
This what what Vincent's about ready to do is the most
24:04
important thing. Go ahead, Benson dump dump them
24:06
in there for. I throw in one of me and also I
24:10
know there's two or three other really good dusters in the
24:16
Netherlands, so I add them for them as well.
24:20
Listen, All right? That's that's the sound of
24:25
money. Ching.
24:26
Ching. Yeah.
24:30
And and the other Jelly beans are for the daughters of of
24:34
Rome. Well, I'll let you in on a
24:36
little secret. I have a horrible sweet tooth so
24:39
every once in a while I dip my hands into that jug, but I
24:42
always replace any beans that I take so.
24:45
Hey, hey, Roll, I have a favor to ask.
24:48
Sure. Yeah, and that is you.
24:49
Want me to sing? Yeah.
24:50
No, no. You you talked about Unicorn
24:54
fathers is here to stay and for me, I really feel like a bit
25:00
going is the gold in crypto silver is the is is is UFD is
25:07
the silver of of of of meme and when you talk about UFD is there
25:14
to stay in your silver podcast. You always talked about the
25:18
extra pyramid because people want to keep the strong crypto,
25:26
they want to keep the strong meme coins.
25:28
Like people ultimately do not want to spend their gold and
25:34
silver. Can you elaborate maybe a bit
25:37
more how you see the extra spearmint?
25:40
Potentially could be used in in in meme as well.
25:44
Yeah. Well, extras, there was a guy
25:46
named John Exter who worked for the New York Federal Reserve
25:49
Bank, who had a thesis that in this was 20, well, maybe 30-40
25:57
years ago, that that all the world's monetary system rested.
26:02
It was like an upside down pyramid Here.
26:04
I'll show you the picture and that it rested on a base of gold
26:10
and silver. Let me pull it up on full screen
26:14
so I can see it a little better. OK, Gold and silver and that
26:19
everything above that was was basically Unicorn fart dust,
26:23
right? Paper money, base money, bank
26:26
money, the government bonds, corporate bonds, non monetary
26:30
commodities derivatives. This particular version of the
26:34
extras pyramid, although I don't think John extras original
26:37
version had crypt. I don't think cryptocurrency
26:40
existed at the time puts crypto on there.
26:42
So the idea is, and the argument that I would that that's made is
26:48
that in like derivatives are quadrillions of dollars, that
26:51
everything based is is based upon gold and silver and that
26:56
bad money government. You know, we know all the
27:00
government that we know that the US government has $36 trillion
27:03
in debt. We know that there's been money
27:05
bank money base money that's been printed paper money into
27:09
Infinity. And these derivatives are it's
27:12
unbelievable how big the derivative balances are that
27:16
just a little bit of that, that that the bad money eventually
27:20
over, you know, over time, and this has been repeated many
27:25
hundreds of times over history always goes back to gold and
27:29
silver. Now I would give the argument
27:31
that that that we could put other finite assets down here,
27:36
things like land, things like even artwork and things that
27:40
that are finite in nature that are from the cryptocurrency
27:43
world like Unicorn fart dust. OK, that that eventually all of
27:49
this up here is kind of make believe.
27:53
I mean it really is it's fantasyland money.
27:55
And if you'd asked me this question 14 weeks ago, I would
27:59
have said, yeah, Kryptos included in that as well.
28:03
Although now that I have a a different perspective on
28:07
Kryptos, in particular ones like Bitcoin and Unicorn fart dust
28:12
that are finite in nature. I know there's still Bitcoin
28:15
that's being mined, but there's a limit and I don't know the
28:19
specifics what how many more years and it's very limited.
28:23
The additional a Bitcoin that's being created.
28:26
It's kind of like gold. There's so much gold and silver
28:29
in the world. And every year there's a little
28:31
bit more added through mining perspectives.
28:35
But yeah, eventually, eventually everything comes back to assets
28:41
that are finite in nature and it and then there's this
28:45
relationship between gold and silver, which I think is, you
28:51
know, a lot of people are telling me that Unicorn fart
28:54
dust and I believe this. I'm I'm champion this champion
28:59
championing this as well that that that UFD is almost like a
29:03
baby Bitcoin and that there's a similar ish relationship that
29:08
you see between gold and silver between there's also a similar
29:12
relationship between Bitcoin and in in UFD or that that will
29:18
develop more overtime. Yeah.
29:20
And I think like Golden Shoal for have their own usage.
29:28
Probably that holds true in in in Bitcoin and UFD as well.
29:34
And of course we see sometimes when the Bitcoin price goes up
29:40
Unicorn farts this also goes up. Like there is the relation in
29:45
between gold and silver, there is a relation in between UFD and
29:51
and Bitcoin. Yeah, but we are independent.
29:56
The the last weeks I have started to follow like I am a
30:02
precious metal investor. I have some gold and silver
30:06
coins and I look to the gold silver ratio.
30:09
Why am I doing this? Because I feel silver is
30:13
currently damn cheap and then in the future I potentially can
30:19
rotate some of those silver coins into gold or visa versa.
30:25
And I I think the same holds true.
30:27
For. The the in between the relation
30:30
the the gold Bitcoin and the silver UFDI feel UFD is
30:37
currently them cheap and we only start at 12 a week.
30:42
So if you look to the ratio chart in between Bitcoin and
30:47
UFD, the chart is only existing for the 12 weeks while gold and
30:53
silver ratio is existing already for a thousands of years, right?
30:58
But still I feel. Almost the exact OP.
31:00
I mean, it's interesting, but it's very like the the time
31:04
frames are vastly different, but there is that relationship.
31:09
Yeah. And, and I feel some people on
31:12
crypto Twitter are talking about is the Alts season going to
31:18
start? And then they look to the ratio
31:22
of meme versus Bitcoin. And well, I'm extremely
31:29
positive. Yeah, yeah.
31:30
I I I feel with a joke that it's not the the alt season which is
31:37
going to start, but I really feel the UFD 25 season is going
31:43
to start soon. Yeah, Yeah.
31:45
You know, you brought up a great point I want to touch on and
31:48
that is which I which which I firmly believe in as well that
31:53
as UFDS community and as the token price continues to in my
31:59
opinion improve over time that we could move into even more.
32:04
And I think we've seen it already happening into more of a
32:08
position where we're more insulated from what's going on
32:13
in the in the crypto world and even the financial world that we
32:16
have this unique opportunity because of how decentralized we
32:21
are, how democratized we are, that we can almost create our
32:25
own microcosm of value. And that's going to be driven by
32:30
the community continuing to do what it's already doing.
32:33
I mean, the community is taking on a life of its own.
32:39
And there's no reason why we can't.
32:40
You know, I want to bring up an important part, the Mr.
32:43
Armstrong, I believe his last name is who's the CEO of
32:46
Coinbase recently pointed out the fact that the US dollar,
32:52
right? And I love the US dollar, right.
32:54
I grew up here is basically a meme coin at this point.
32:57
And he also said that Bitcoin is basically a meme coin.
33:02
And that I've also heard some of the smartest people in the
33:06
crypto world point out that a lot of these alt coins and
33:10
utility coins that are pushed out by these big, you know,
33:15
project teams and DC teams that are going to have all these
33:18
great uses and all that, that the reality is that 95% of them
33:23
never are able to deliver on the promises that they that they
33:27
that they give when they're pushed out at such high prices
33:31
and that they eventually just become meme coins.
33:35
So I think that, well, I'm very optimistic as well.
33:40
I've talked too much so. Hey can you show you as the the
33:45
Lego train you used in the past actually to?
33:49
Yeah, I'll go grab that. I'll be right back.
33:51
To explain the relation actually to in between gold and silver,
33:55
because you showed in your silver podcast that there is an
33:59
elastic bands in between gold and and and silver.
34:05
Yeah. And like there is an elastic
34:08
band in between the gold and silver.
34:10
We could argue maybe there's also an elastic band in between
34:15
the Bitcoin, yeah, the gold Bitcoin and the silver you.
34:19
Are right, all right, so I will explain this with my childhood
34:23
talk a truck and my childhood. It was Tonka instead of Lego.
34:29
Stopper, Yeah, stopper. It's a stomper.
34:32
But it, and what Vincent is referring to is the what's
34:36
referred to as the gold to silver ratio, which for
34:39
thousands of years has measured how many ounces of silver it
34:44
takes to buy one ounce of gold. So you take the gold price,
34:48
which currently is about 2800, twenty, $900 and you would
34:53
divide it by the silver price, which for example purposes, well
34:57
we'll say gold's 3000 for example purposes and silver's
35:01
$30.00. That would mean that it would to
35:03
get one ounce of gold, it would take 100 ounces of silver.
35:09
That is historically very, very long.
35:12
So I'm going to scoot over here so that that means, and this is
35:15
a rubber giant red rubber band. That means the gold price you
35:19
pull the gold is over here. Okay, and the silver price is
35:23
back here. There's a lot of tension on this
35:26
rubber band, right? That's a historically very, very
35:30
big ratio that it would take you 100 ounces of silver, 90 I think
35:35
roughly is what it actually is or 88 right now to get one ounce
35:38
of gold that when that corrects, it usually corrects and what
35:41
they call like a boomerang fashion.
35:44
So all that tension is let free and the silver price really
35:48
flies. And I think what what you're
35:50
also referring to as we compare, if you think of the gold instead
35:54
of this being the gold truck, this is Bitcoin, which a lot of
35:57
people re I like to refer to as digital gold.
36:01
And let's say that the stopper who I think I can turn on
36:04
temporarily, there it is. There's us the little the little
36:11
UFD, right, the BAT ratio you turn that off that is UFD or or
36:20
other cryptos as well that are that are going to do well that
36:23
that is that ratio stretches out as as Bitcoin goes higher that
36:28
it will pull meme coins like UFD along.
36:32
And you can even think of this as Solana to a certain degree,
36:35
but eventually right with our with our because we are
36:38
undervalued right now in my opinion that when the market
36:42
does correct itself, that UFD could could really catapult as
36:46
well. Did I do OK with my description?
36:48
It's fantastic. And the way how you explain this
36:52
Rome is very powerful and then people start to understand maybe
37:00
a complex topic like the gold sulfur ratio or the Bitcoin UFD
37:06
ratio. But I think it is important for
37:09
all distress to understand that that that concept and I indeed
37:14
feel that the tension is currently building, building up
37:19
and we might have a big rocket. Catapult.
37:24
Catapult, yeah. Launching soon.
37:28
Absolutely. Thanks for showing this and I'm
37:32
I'm really proud to have touched the the.
37:35
Tonka car, yeah, yeah, yeah, the Tonka car, and it has a trailer,
37:39
has a bulldozer back here as well that we'll have to
37:42
incorporate at some point in the future.
37:44
Do you actually know is Tonka is at the Sweden brands or not?
37:48
I don't know. I think Taka is a Swedish brand.
37:51
I have to look that up. Yeah, yeah.
37:53
We didn't talk yet, Ron, about what we have in common.
37:58
I am Dutch and I also understood that you have a Dutch
38:02
background. Yep, Yep I do.
38:03
My great grandfather was a Dutchman who fought in the Boer
38:08
War in South Africa and then came to Saint Louis for the 19 O
38:13
4 World's Fair 'cause there was a bore war exhibition and stayed
38:18
here. And that's how I wound up.
38:20
That's on my mom's side of the family.
38:22
And then interestingly, the bore war was fought over gold in
38:26
South, that South Africa has massive amounts of gold.
38:30
And you know, there are so many similarities between
38:34
cryptocurrency and precious metals.
38:37
I said that long ago on my gold and silver channel that like
38:42
gold and silver investors and crypto investors are like really
38:47
see the world through the same eyes, right?
38:51
The idea behind Fiat money and, and, and, and there's some
38:56
peace. Some of some of them, like you,
38:58
like me, that appreciate both. There's some gold and silver
39:03
investors that just absolutely want nothing to do with crypto.
39:08
I think what's interesting though that I've learned in the
39:11
last 12 weeks is the crypto community is much more open and
39:20
even interested in a lot of ways into learning about precious
39:23
metals as well. I that, that was something that
39:27
really surprised me because coming from the gold and silver
39:30
community, I would often hear, you know, some people that were
39:34
very anti crypto, I guess you would say, and there aren't on
39:39
the crypto side. There's just a lot of people who
39:41
are interested. I always said silver is the
39:44
original cryptocurrency cause silver was actually money long
39:48
before gold was used as money. Yeah.
39:50
And actually you could say that's a lot of silver stackers.
39:56
They are of course interested in having Oz and that is also how
40:02
they compare with each other. And I I also buy once in a while
40:09
some nice silver coins but. Next to only collecting Oz, I
40:16
also recognize that I like to buy some special silver coins
40:22
with a nice design or maybe telling a kind of historic
40:28
story. And from that perspective, you
40:31
could almost say that the silver coins are actually a kind of
40:37
meme. Isn't it?
40:38
Yeah. Well, here's one here.
40:39
I'll show the audience real quick.
40:41
This came from Bully and Betty. I think she has a Etsy shop.
40:45
There we go, focus. Fantastic.
40:47
It's a Unicorn. This is actually, it's a one
40:49
ounce silver coin. I show you the back real quick.
40:52
I think it's from Ghana, Africa. There's a lot of countries all
40:56
over the world that's not going to focus, but see if I can read
41:00
it on there. Yeah, the Republic of Ghana and
41:04
there's so there's a picture of Queen Elizabeth on there, but I
41:07
don't think it's going to focus for some reason on this
41:10
backside. There it is.
41:12
All right, focus. Yeah.
41:14
And like, like in the silver stores, you build up a kind of
41:23
relation with the person who is selling you the the silver
41:27
coins. And the relation is not only
41:30
about the transaction. Actually, I, I, I respect the
41:36
guy in Delft in the Netherlands because his extreme knowledge
41:42
about all of these coins or these memes.
41:47
And that is really fantastic. And I almost feel like the the
41:52
strengths of UFD is that it is not only about a transaction, it
41:58
is about really the relation we are.
42:01
Absolutely. Building isn't this.
42:03
Oh, absolutely, no, absolutely. It's about the the common shared
42:07
beliefs that the UFD community has.
42:10
It's about the the relationships that people form.
42:14
It's about this right now because I feel like, you know, I
42:17
have a relationship with you. It's our friend Saff described
42:22
it recently to me as like a spider web where we're all
42:25
little nodes on the spider web where we're all connected with
42:29
each other and, and, and part of the same structure and connected
42:36
in all different kinds of ways. And people, like I said earlier,
42:39
contributing artistic talent, verbal talent, music talent, all
42:44
kinds of talent, right? Charisma, talent like you have
42:48
like personality. So yeah, absolutely.
42:51
And it's, and it's, it is real similar, you know, the, the, to
42:55
the precious metals community, but in particular with silver,
42:58
there's, there, there's a, there's a very strong silver
43:03
community. I know here in the United
43:05
States, the people that are enthusiastic about silver and
43:08
they have relationships and they, you know, at the end of
43:10
the day, the only, you know, the only reason silver is, is
43:15
valuable. And the only reason gold is
43:17
valuable and the only reason Unicorn fart dust is valuable is
43:21
because you have a group of people that agree that it's
43:24
valuable, a community that really that is, that agrees that
43:28
it's valuable. And you know, we see that I'll
43:32
end with this. We see that value.
43:36
I always ask people, you know, that that that are that are
43:38
skeptical of the value of meme coins.
43:40
I'll say, well, what's the most valuable thing in your life of
43:44
everything? Material things, non material
43:47
things. And if I ask you that question,
43:50
Vincent, I know you have a couple sons.
43:52
You told me. I would imagine you would say
43:55
the most valuable thing in your life is your family, in your
43:58
relationships. Yeah.
43:59
You and you really want to fight for that.
44:02
You want to fight. You want to be there for your
44:06
for your family and I, I feel that makes UFD unique.
44:13
And maybe the last thing I wanted to share with the the
44:16
people watching is the unique strength is that we are so
44:21
extremely resilient. Yeah.
44:24
So today is an easy day to be a duster.
44:28
A few weeks ago, it was not so easy to be a duster.
44:33
You have some had some days but also really not easy to be in
44:39
duster because all your beans got hacked.
44:42
Right. Yeah, and all the whole
44:43
community brought the beans. I sat right here and cried.
44:50
But I think the power of UFD is the community strengths in also
44:58
in the bad times like in a marriage, a marriage is also for
45:03
a long time. I've never had any and and.
45:09
I, I, I think the resilience of the UFD community is built on
45:14
your family name, Ron. I believe your family name is
45:19
Bronstettar. And Bronstettar means the city
45:24
or the house rebuilt after the fire.
45:28
And we have experienced quite some foot together and UD
45:34
together as as as disguised. And that makes us strong,
45:38
because you can only become stronger when you learn from.
45:44
Adversity. The adversity and the and and
45:47
the events and I think the power of view of the is that we are
45:51
continuously learning and even in adverse times we keep up the
45:58
smile and and be positive on crypto Twitter because we are
46:05
different there. I connect to crypto Twitter why?
46:12
Because I know there's positive messages on on UFD.
46:17
If we would all would be talking about the other coins and right
46:23
then I don't get the energy out of this community and EU of D,
46:29
this doesn't give me energy because the art, the memes, the
46:35
conversations are good and the conversations are positive.
46:40
And I think that is thanks to the values of U of D, your
46:46
values. And today, I've also learned
46:50
that those values are really ingrained into your hometown,
46:55
Saint Louis, because we saw those four unicorns with the
46:59
four power. You let out the.
47:02
Secret every. Every.
47:04
All the all the dusters are going to come to Saint Louis to
47:06
see the ultimate Arch and the four secret unicorns and but you
47:10
got to get a a private tour from my friend Vincent here, right?
47:14
I hope to to come back and see the Unicorn farther start car
47:20
driving around the streets of Saint Louis.
47:24
And as earlier we talked about in this video, I hope to see it
47:28
actually in It's difficult to bring it to Amsterdam, but I, I
47:33
really want to see the, the car around Chicago near this big
47:38
bean because every duster deserves that our beans grow to,
47:45
to unlimited value and our community grows unlimited.
47:50
Yeah, Yeah. We really can go to mean we have
47:52
unlimited opportunity. You brought up something that I
47:56
want to touch on and that is that, you know that we grow
47:59
through adversity and we have had every adversity thrown at
48:03
us, which I think is a big, big, big benefit for UFD.
48:08
We have wings of steel. I mean, what we've accomplished
48:11
in these 12 weeks, the word recording this on the 2nd of
48:15
March 2025 has really been exceptional and has been done in
48:20
the face of many almost, you know, David Gockstein.
48:23
So they like you guys have been hit with everything like we've
48:26
been hit with everything from from hacks to a tough market to
48:31
you name it. And and hey, that's good.
48:33
I look at that as a good thing because you mentioned the word
48:37
fight. I know that the people out
48:38
there, I know that the dusters in the Diamond hooves are like
48:43
willing to fight for UFD. I'm willing to fight for UFD.
48:48
Vincent, thank you. Thanks for coming to Saint.
48:50
Louis, it was an honour to be here.
48:53
Thank you so much and having me in your house on Sunday.
48:56
Yeah, well, thank you. Thanks to our viewer for joining
48:59
us. Thanks to our sponsors, Moon Pay
49:02
and Ledger. And we're going to see you next
49:04
time. We'll have Vincent on next time
49:06
he comes to Saint Louis to visit those four unicorns downtown
49:09
Saint Louis. Thank you.
49:11
Everybody bye bye, go you over the.
49:13
Go, you go. Yeah.