Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / The Power of Positivity: UFD’s Mission to Make Crypto Better

Transcript

The Power of Positivity: UFD’s Mission to Make Crypto Better · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:39
  Hey guys, welcome to the live stream.
• 0:40
  Welcome to the real basement. It's great to have you down
• 0:44
  here. Horns up, dusters.
• 0:45
  We're going to talk about the general markets.
• 0:49
  Look, we're ready. We're all ready for them to get
• 0:51
  better. We're going to look at the big
• 0:53
  picture. What is the big picture?
• 0:55
  Are things really getting better?
• 0:56
  And I've got some keen insights from one of the crypto industry
• 1:00
  leaders that we are going to look at.
• 1:02
  Of course, we're going to look at UFD.
• 1:05
  We might even start with that first.
• 1:07
  And then we're going to talk about the one thing that gets in
• 1:10
  the way of almost everybody achieving massive success.
• 1:15
  I learned something today that I think I need to share with you.
• 1:19
  I think it relates to all of us individually in our lives, but
• 1:23
  it also may relate to you in terms of goals you have and
• 1:27
  things that you want to accomplish.
• 1:28
  Of course, part of that is the ultimate success of our project
• 1:33
  that we're in together, which is UFD.
• 1:36
  So the general markets are challenged.
• 1:38
  Let's go out and take a quick look at the Solana price.
• 1:42
  Give me a second here. I'm in Pfc and here we go.
• 1:47
  Should be pulling that up for you right now.
• 1:50
  Look at Solana, it is not real pretty.
• 1:54
  Hold on here. There we go.
• 1:55
  Now you can see it Solana at what 100 and $36137 per coin.
• 2:02
  Look, if we just go back two months right to September 17th,
• 2:07
  which was right here, we had a Solana price of 250 per Solana.
• 2:13
  Currently, we're at 140. Obviously, it's happening
• 2:17
  everywhere, guys. You know Bitcoin, you know all
• 2:20
  the other meme coins. It's a difficult market, but
• 2:23
  that doesn't mean that that our long term goals, our long term
• 2:28
  prospects have been dented one bit whatsoever.
• 2:32
  Let's go out here. Hold on a second, Evan.
• 2:35
  OK, we're back. All right, let's go out here and
• 2:37
  take a look at a great post that we had from our friend, the
• 2:41
  Madman. He's got some questions for you.
• 2:45
  Good morning, UFD Duster family. I hope you're all staying
• 2:48
  positive during this bout of market volatility.
• 2:52
  It helps to remind ourselves why we bought UFD in the 1st place.
• 2:57
  Nothing has changed. Remain steadfast dusters.
• 3:02
  Don't let your feelings influence your financial
• 3:05
  decisions. Horns up and I agree with him
• 3:08
  100%. Look, I'm not here dishing out
• 3:11
  financial advice. I'm not a financial planner, you
• 3:14
  know that. Please always be responsible
• 3:16
  with everything that you do with your money.
• 3:19
  Stocks, bonds, mutual funds, crypto, meme coins, anything.
• 3:22
  But I will say this, it's almost always a bad idea for us to let
• 3:28
  emotions rule our financial decisions, OK, whether that's
• 3:33
  fine selling the stock, again, anything out there, always try
• 3:37
  to take your emotions out of that decision.
• 3:39
  And I appreciate Madman for sharing that.
• 3:42
  But then the madman had even more.
• 3:44
  Today's all about the madman. I have another post right here,
• 3:49
  $88 and let's, let's be optimistic here.
• 3:52
  What do you say, dusters? Because remember, there's really
• 3:55
  nothing. That was one of the first things
• 3:57
  when I during the first few weeks when I started Unicorn
• 4:02
  Fart Dust and you guys took it over and I was talking to all
• 4:05
  the big powerful people in crypto and one of the first
• 4:09
  thing I learned was that there's only 999 million beans.
• 4:12
  The second thing that I learned was that I would ask him like,
• 4:16
  is there anything keeping Unicorn Fart Dust from being as
• 4:19
  big as Dogecoin? And they all said the same
• 4:22
  thing. No, there's nothing keeping that
• 4:24
  from happening. So when the madman says that
• 4:27
  $88.79 per bean if UFD reaches Dogecoin's all time high market
• 4:33
  cap, $36 per bean if UFD reaches Sheebs all time market cap.
• 4:39
  Considering more people are getting into crippling so and
• 4:42
  we're going to look at something that that I think is a brilliant
• 4:46
  description of why overall in crypto, we can be very positive
• 4:50
  here in just one second, but with more people getting into
• 4:54
  crypto now than ever before, I think we can go even higher.
• 4:59
  Are you bullish yet? And you know what guys, I think
• 5:01
  right now is a great time for us to announce that we are going to
• 5:05
  make the madman the duster of the day.
• 5:07
  The madman's always working tirelessly today, right?
• 5:11
  I get two of his great post to share with you, so join me.
• 5:14
  Is your horn tingling, madman? Is your horn tingling?
• 5:18
  My fellow Dusters, let's pick up the Golden Horn and install it
• 5:23
  on the Madman. Madman, thank you for everything
• 5:26
  that you're doing for the UFD community.
• 5:30
  On behalf of all of us, we'd like to congratulate you on
• 5:34
  being the duster of the day. But what he mentioned in his
• 5:37
  post was very interesting. We got to remember, guys, we're
• 5:41
  in the entire, we're, we're part of, we've got our, our, our,
• 5:44
  our, our claims staked on the crypto blockchain, right?
• 5:49
  We've got our land, we've got our, our piece of the world of
• 5:53
  crypto, but we're also part of the overall crypto ecosystem.
• 5:57
  And there's big reason why we can be happy about what is
• 6:01
  happening in crypto overall. OK, I know I understand, right?
• 6:06
  Look, look at anything. I was in the silver market.
• 6:10
  I still am in the silver market for decades, right?
• 6:13
  Things don't just always go straight up, up, up.
• 6:17
  It's normal. It's healthy for pullbacks to
• 6:19
  occur. That's what we're seeing right
• 6:21
  now in the overall crypto market.
• 6:23
  And of course, it is influencing our our coin, our project
• 6:27
  Unicorn fart dust. However, I still say say that we
• 6:31
  can get to a point with this project because there's there is
• 6:34
  a limited number of beans. Let's not forget it's been a
• 6:38
  whole week. There it is right there, the
• 6:40
  jug, right? There's only 999 USD tokens,
• 6:44
  beans that have been or will be ever created, right?
• 6:50
  And day by day, and when these prices get to what a lot of
• 6:54
  people claim are ridiculously low levels, right, we're getting
• 6:57
  more and more people that are buying UFD at a lower price and
• 7:02
  are willing to hold and hold on a long term basis.
• 7:05
  Eventually we'll get to a point where there's a bean shortage,
• 7:08
  we'll get to a beanopoly, and we'll get.
• 7:13
  To. It's simple supply and demand
• 7:22
  economics and trust me, I studied the economics of Karl
• 7:25
  Marx University back in the late 80s.
• 7:29
  So I know a thing about economics.
• 7:31
  But the big picture, on a serious note, OK, Keith Grossman
• 7:36
  from Moon Pay put out a post that I think helps kind of give
• 7:39
  us a view of what's going on over all in crypto.
• 7:43
  Look, we still, we still are at a pretty low adoption rate
• 7:48
  overall for crypto. I like, I like the liking it to
• 7:51
  like when the Internet came around because I'm old enough to
• 7:54
  remember life before the Internet.
• 7:55
  I'm old enough to remember life before e-mail.
• 7:58
  I'm old enough to remember life before cell phones.
• 8:01
  And at first, you know, 5 or 7% of the people were using cell
• 8:06
  phones and e-mail and all that newfangled technology, right?
• 8:10
  But now everybody's using it. And right now we have what, 7%
• 8:15
  of the people using crypto. And I believe over the next 5 to
• 8:19
  10 years, we will see much greater adoption of crypto.
• 8:24
  Why? Because of free market forces,
• 8:26
  right? Crypto works.
• 8:28
  It's it, it provides transparency and efficiency in a
• 8:32
  way that far out beats current options that most people have.
• 8:38
  It's kind of like if you wanted to write somebody a letter back
• 8:42
  in, let's say 1992, the year I graduated from college, you'd
• 8:46
  have to get out a piece of paper, write a letter, put a
• 8:49
  stamp on it, mail it, wait for them to get it, wait to get a
• 8:52
  response, whatever. Right now, people realize that
• 8:56
  they could use the e-mail was much faster.
• 8:58
  Same things going on with crypto.
• 8:59
  Let's get to what Keith Grossman has to say.
• 9:01
  He's much brighter than I am. And here's a post that Keith put
• 9:08
  out earlier today. He said back in June I wrote an
• 9:11
  op-ed for Bitcoin news titled We are about to enter the golden
• 9:16
  age of crypto. The reality is that we're in it
• 9:19
  right now and the momentum has not slowed.
• 9:23
  In fact, it's accelerating. These are things in the past
• 9:26
  week that happened in the world of crypto.
• 9:29
  OK, the Senate AG released it's long-awaited draft for a
• 9:33
  comprehensive crypto market structure framework.
• 9:37
  The SEC in the CFTC continue to actively shape policy in a
• 9:42
  constructive, transparent pro innovation direction.
• 9:46
  Visa is piloting stable coin payouts across its network.
• 9:51
  Visa OK Sofi became the first FDIC insured U.S. bank to offer
• 9:57
  direct crypto access. JP Morgan, once one of the
• 10:01
  industry's biggest skeptics, is expanding its digital asset
• 10:05
  initiatives and the FDFDIC is exploring clarity on tokenized
• 10:11
  Deposit Insurance. And Scott, percent right,
• 10:14
  continues to champion a clear path That's the United States
• 10:17
  Treasury Secretary for American crypto innovation.
• 10:21
  Why does this matter? More American innovation equals
• 10:26
  more American jobs. Ignore the short term price
• 10:30
  noise. The golden age of crypto isn't
• 10:33
  coming. It's already here.
• 10:36
  We got to remember the big picture, guys, right?
• 10:39
  Crypto is here, crypto is growing, crypto will change the
• 10:46
  world and oh, today is a special day.
• 10:51
  Thank you. Hey, look at that upstairs,
• 10:53
  Susie. She's back.
• 10:55
  There she is. Give her a high 5.
• 10:56
  Thank. Thank you for the reminder,
• 10:59
  sweetheart. Over.
• 11:02
  She's going to say something back, I think.
• 11:06
  Are you going to say anything back over?
• 11:07
  Excellent. Hold on to chat on YouTube
• 11:10
  reminded of Ready for the Moon. Shout out to him.
• 11:16
  For her, Yeah. Waiting for the moon.
• 11:17
  Thank you very much. But let me, let me back up, then
• 11:20
  we'll address what Susie here is talking about.
• 11:22
  Guys, we are in the golden age of Krypton.
• 11:27
  Thank you. That's Keith Grossman, president
• 11:29
  over at Moon Pay. They're also a sponsor of the
• 11:32
  channel Moon Pay is why I'm here, right?
• 11:36
  They were my entry door into crypto.
• 11:38
  They've been the entry door into crypto for millions and millions
• 11:41
  of people over 35,000,000. I bet it's even higher than that
• 11:45
  now, but 35 million people, they're adding value to crypto,
• 11:49
  bringing people into crypto. While we're at it, let's say
• 11:52
  thank you also to Ledger, right, the crypto security leader.
• 11:57
  But they're also a lot, lot more.
• 11:59
  They're signer devices, right? The Ledger Flex, the new Nano
• 12:03
  Gen. 5 right industry leading the best security that's out
• 12:08
  there, but they also have Ledger Wallet, their app where you can
• 12:12
  do everything you can manage all your crypto buy, sell stake,
• 12:16
  swap, manage everything within their safe, secure ecosystem.
• 12:21
  It's a big honor for us to have both Ledger and moon pay as
• 12:24
  sponsors, and today's our birthday.
• 12:26
  It's not our big birthday yet, but today is the 11 month
• 12:30
  birthday of Unicorn fart test yes, 11 months ago today I
• 12:35
  spawned this right with the help of moon pay.
• 12:37
  Like I just said, that was my I never owned a crypto.
• 12:41
  I created this. It was an experiment down here
• 12:44
  in the basement after upstairs, Susie had sent me an article
• 12:47
  about how quote UN quote easy and it was easy, OK to start a
• 12:52
  meme coin. It was easy to start the meme
• 12:55
  coin. I had no idea the power of the
• 12:59
  people, you, the community that would create what this is today.
• 13:03
  It's why I'm down here 11 months later on a Sunday night, right,
• 13:08
  hanging out with you in the basement talking about our
• 13:11
  project. Unicorn fart does.
• 13:12
  Look, the reality is, OK, I respond it.
• 13:16
  You created it. There's no arguing that
• 13:19
  whatsoever. This project has a very unique
• 13:22
  quality in that from day one, it has been absolutely, 100%
• 13:27
  because of you, organic and pure, right?
• 13:30
  I've done my part. I've been, I've treated you the
• 13:34
  way that I would want to be treated in this community has
• 13:37
  responded like we could have never, ever imagined.
• 13:41
  So thank you for the 11 months. Seriously, thank you, right?
• 13:45
  I'm not here without you. Thank you so much.
• 13:47
  You want to know. You want to know I I learned
• 13:50
  something fascinating today. I was listening to Alex Hormozi.
• 13:55
  He's a entrepreneur, teacher, coach, whatever you want to call
• 13:59
  it. But he said something that that
• 14:01
  I know stops most of us right from from achieving huge, huge
• 14:07
  success. And I've got it written down
• 14:08
  here. It's that process that we all go
• 14:10
  through or we know we want to achieve something.
• 14:13
  And this relates directly to Unicorn fart dust as well, he
• 14:17
  said. Everyone starts with uninformed
• 14:20
  optimism, right? You hear about an idea, you hear
• 14:23
  about a project, you hear about an opportunity, Whatever it is,
• 14:27
  it's like, oh, that sounds so great.
• 14:28
  You get that warm, tingly feeling in your brain or the
• 14:32
  back of your neck, whatever the case may be.
• 14:35
  Then he says that that's step one.
• 14:37
  Step 2 is people get into it and it's hard, right?
• 14:41
  Because everything's hard in life.
• 14:43
  Everything is hard. Anything big worth achieving is
• 14:47
  going to be hard. It's hard.
• 14:49
  So then people get to the second stage, right?
• 14:51
  They go from uninformed optimism to informed pessimism.
• 14:57
  They're like, oh, this is, you know, they hit the wall, OK.
• 15:01
  And then they go to stage 3, which is called the Valley of
• 15:05
  Despair. Like this is too hard.
• 15:07
  I can't do it. And they give up, right?
• 15:10
  And then they go back, right? They go back to the they go back
• 15:13
  to the find something new that they think is going to be fun
• 15:16
  and exciting. And then the whole, the process
• 15:18
  just repeats itself. But there's a fourth stage that
• 15:22
  we can get to, and that's called informed optimism.
• 15:26
  Knowing, right, that it's hard, but we're going to remain
• 15:29
  optimistic. We're going to have that
• 15:31
  fortitude within us to stick with something which I know is
• 15:35
  where we are right now on this project, OK?
• 15:38
  From there, from there, that's where you get to achievement,
• 15:43
  right? There's five stages, right?
• 15:45
  Uninformed optimism, informed pessimism, when things get hard,
• 15:50
  right, the valley of despair. And then which is where most
• 15:54
  people quit, but we don't quit, right?
• 15:56
  We have discipline. I have discipline, right?
• 15:59
  The core people that are part of this movement, part of this
• 16:02
  community, have discipline, right?
• 16:04
  Then we move to informed optimism and then we move to
• 16:08
  achievement. He called it the the woman in
• 16:11
  the red dress, right, like, oh, everything's, it's everything
• 16:16
  starts out feeling so fun and exciting and this is going to be
• 16:19
  great, right? Or I've also heard it been
• 16:23
  called the shiny red ball syndrome, right?
• 16:26
  But the reality is guys, big achievements, whether it's
• 16:31
  Unicorn fart dust, whether it's anything that you're doing that
• 16:34
  we that you want to accomplish is going to take hard work.
• 16:37
  And it's as long as the goal remains out there, something
• 16:40
  that you believe in, it's worth doing.
• 16:43
  Look, I can't tell you what to do, OK, But I thought that was
• 16:46
  some great, great advice on his side.
• 16:48
  The all He also said something I love Alex or Mosey people have
• 16:52
  different opinions on, but I think he's give some really good
• 16:55
  information. He said the other thing that you
• 16:57
  got to any project you're on is going to be stressful.
• 17:02
  He said a growing a business is stressful.
• 17:04
  Letting a business decay is stressful.
• 17:06
  Letting a business stagnate is stressful.
• 17:09
  Everything is He said everything in life is stressful.
• 17:12
  The only people who don't have stress are dead, he said.
• 17:17
  They don't think this is this is what hit me, he said, Don't
• 17:20
  think that there's something wrong with you because your
• 17:24
  feet, you feel stressed, right? That's normal.
• 17:26
  Everything life is stressful, right?
• 17:29
  And again, I'll repeat what he said.
• 17:30
  The only people without stress are dead.
• 17:33
  So it's normal to feel stressed. It's normal to feel whatever
• 17:36
  we're feeling, but OK, what's abnormal and what the great
• 17:41
  achievers in life have is the ability to stick with things to
• 17:45
  have that fortitude to have that strength within to realize that
• 17:50
  yes, things are hard, OK, However, the goal that I want to
• 17:55
  achieve is still worth achieving and not give up, not give up and
• 18:00
  go running to the next thing that seems fun and exciting,
• 18:03
  right? And you know what?
• 18:04
  And I'm not putting crypto down because but but I actually, this
• 18:09
  is just coming to me right now. I don't know how you feel about
• 18:12
  this, but a lot of times I've I've seen that in crypto, right?
• 18:15
  Like the core people in UFD are here in through the UPS, through
• 18:21
  the downs, through all of it, right?
• 18:23
  But there's also some peeps, some not all, not all of us.
• 18:28
  And that's one of the things that makes us different with
• 18:30
  Unicorn fart dust is like we do have the fortitude to see this
• 18:35
  thing out, to not give up lended the Lindy effect, right that we
• 18:39
  are going to be here, we're going to show up.
• 18:42
  We're not going to give up. We are not giving up our land,
• 18:45
  our, our place that we've staked on the in the crypto world and,
• 18:50
  and look, guys, when things get better, all the hard work, I, I
• 18:55
  like the like and nobody, nobody likes that.
• 18:58
  Do you like this analogy? This is the analogy I like.
• 19:01
  Sometimes it feels like we're, we're opening a snow cone stand
• 19:05
  in the middle of winter, right? We're building the snow cone
• 19:09
  sedan. We're perfecting the business.
• 19:11
  We're getting it all ready so that when the good times come,
• 19:14
  when summer comes, when the weather warms up, we're, we're
• 19:17
  prepared. We are ready to go.
• 19:20
  All right, guys. Thanks for joining me down here
• 19:22
  in the basement. OK.
• 19:23
  I hope you're doing great. Be good to yourself.
• 19:26
  Please don't forget. Be good to yourself first.
• 19:29
  That will give you a platform from which to be good to other
• 19:32
  people. Have a great rest of your night.
• 19:34
  Take care. Thanks for being here and I'll
• 19:36
  see you soon.