Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / The Power of Positivity: UFD’s Mission to Make Crypto Better
Transcript
- 0:39Hey guys, welcome to the live stream.
- 0:40Welcome to the real basement. It's great to have you down
- 0:44here. Horns up, dusters.
- 0:45We're going to talk about the general markets.
- 0:49Look, we're ready. We're all ready for them to get
- 0:51better. We're going to look at the big
- 0:53picture. What is the big picture?
- 0:55Are things really getting better?
- 0:56And I've got some keen insights from one of the crypto industry
- 1:00leaders that we are going to look at.
- 1:02Of course, we're going to look at UFD.
- 1:05We might even start with that first.
- 1:07And then we're going to talk about the one thing that gets in
- 1:10the way of almost everybody achieving massive success.
- 1:15I learned something today that I think I need to share with you.
- 1:19I think it relates to all of us individually in our lives, but
- 1:23it also may relate to you in terms of goals you have and
- 1:27things that you want to accomplish.
- 1:28Of course, part of that is the ultimate success of our project
- 1:33that we're in together, which is UFD.
- 1:36So the general markets are challenged.
- 1:38Let's go out and take a quick look at the Solana price.
- 1:42Give me a second here. I'm in Pfc and here we go.
- 1:47Should be pulling that up for you right now.
- 1:50Look at Solana, it is not real pretty.
- 1:54Hold on here. There we go.
- 1:55Now you can see it Solana at what 100 and $36137 per coin.
- 2:02Look, if we just go back two months right to September 17th,
- 2:07which was right here, we had a Solana price of 250 per Solana.
- 2:13Currently, we're at 140. Obviously, it's happening
- 2:17everywhere, guys. You know Bitcoin, you know all
- 2:20the other meme coins. It's a difficult market, but
- 2:23that doesn't mean that that our long term goals, our long term
- 2:28prospects have been dented one bit whatsoever.
- 2:32Let's go out here. Hold on a second, Evan.
- 2:35OK, we're back. All right, let's go out here and
- 2:37take a look at a great post that we had from our friend, the
- 2:41Madman. He's got some questions for you.
- 2:45Good morning, UFD Duster family. I hope you're all staying
- 2:48positive during this bout of market volatility.
- 2:52It helps to remind ourselves why we bought UFD in the 1st place.
- 2:57Nothing has changed. Remain steadfast dusters.
- 3:02Don't let your feelings influence your financial
- 3:05decisions. Horns up and I agree with him
- 3:08100%. Look, I'm not here dishing out
- 3:11financial advice. I'm not a financial planner, you
- 3:14know that. Please always be responsible
- 3:16with everything that you do with your money.
- 3:19Stocks, bonds, mutual funds, crypto, meme coins, anything.
- 3:22But I will say this, it's almost always a bad idea for us to let
- 3:28emotions rule our financial decisions, OK, whether that's
- 3:33fine selling the stock, again, anything out there, always try
- 3:37to take your emotions out of that decision.
- 3:39And I appreciate Madman for sharing that.
- 3:42But then the madman had even more.
- 3:44Today's all about the madman. I have another post right here,
- 3:49$88 and let's, let's be optimistic here.
- 3:52What do you say, dusters? Because remember, there's really
- 3:55nothing. That was one of the first things
- 3:57when I during the first few weeks when I started Unicorn
- 4:02Fart Dust and you guys took it over and I was talking to all
- 4:05the big powerful people in crypto and one of the first
- 4:09thing I learned was that there's only 999 million beans.
- 4:12The second thing that I learned was that I would ask him like,
- 4:16is there anything keeping Unicorn Fart Dust from being as
- 4:19big as Dogecoin? And they all said the same
- 4:22thing. No, there's nothing keeping that
- 4:24from happening. So when the madman says that
- 4:27$88.79 per bean if UFD reaches Dogecoin's all time high market
- 4:33cap, $36 per bean if UFD reaches Sheebs all time market cap.
- 4:39Considering more people are getting into crippling so and
- 4:42we're going to look at something that that I think is a brilliant
- 4:46description of why overall in crypto, we can be very positive
- 4:50here in just one second, but with more people getting into
- 4:54crypto now than ever before, I think we can go even higher.
- 4:59Are you bullish yet? And you know what guys, I think
- 5:01right now is a great time for us to announce that we are going to
- 5:05make the madman the duster of the day.
- 5:07The madman's always working tirelessly today, right?
- 5:11I get two of his great post to share with you, so join me.
- 5:14Is your horn tingling, madman? Is your horn tingling?
- 5:18My fellow Dusters, let's pick up the Golden Horn and install it
- 5:23on the Madman. Madman, thank you for everything
- 5:26that you're doing for the UFD community.
- 5:30On behalf of all of us, we'd like to congratulate you on
- 5:34being the duster of the day. But what he mentioned in his
- 5:37post was very interesting. We got to remember, guys, we're
- 5:41in the entire, we're, we're part of, we've got our, our, our,
- 5:44our, our claims staked on the crypto blockchain, right?
- 5:49We've got our land, we've got our, our piece of the world of
- 5:53crypto, but we're also part of the overall crypto ecosystem.
- 5:57And there's big reason why we can be happy about what is
- 6:01happening in crypto overall. OK, I know I understand, right?
- 6:06Look, look at anything. I was in the silver market.
- 6:10I still am in the silver market for decades, right?
- 6:13Things don't just always go straight up, up, up.
- 6:17It's normal. It's healthy for pullbacks to
- 6:19occur. That's what we're seeing right
- 6:21now in the overall crypto market.
- 6:23And of course, it is influencing our our coin, our project
- 6:27Unicorn fart dust. However, I still say say that we
- 6:31can get to a point with this project because there's there is
- 6:34a limited number of beans. Let's not forget it's been a
- 6:38whole week. There it is right there, the
- 6:40jug, right? There's only 999 USD tokens,
- 6:44beans that have been or will be ever created, right?
- 6:50And day by day, and when these prices get to what a lot of
- 6:54people claim are ridiculously low levels, right, we're getting
- 6:57more and more people that are buying UFD at a lower price and
- 7:02are willing to hold and hold on a long term basis.
- 7:05Eventually we'll get to a point where there's a bean shortage,
- 7:08we'll get to a beanopoly, and we'll get.
- 7:13To. It's simple supply and demand
- 7:22economics and trust me, I studied the economics of Karl
- 7:25Marx University back in the late 80s.
- 7:29So I know a thing about economics.
- 7:31But the big picture, on a serious note, OK, Keith Grossman
- 7:36from Moon Pay put out a post that I think helps kind of give
- 7:39us a view of what's going on over all in crypto.
- 7:43Look, we still, we still are at a pretty low adoption rate
- 7:48overall for crypto. I like, I like the liking it to
- 7:51like when the Internet came around because I'm old enough to
- 7:54remember life before the Internet.
- 7:55I'm old enough to remember life before e-mail.
- 7:58I'm old enough to remember life before cell phones.
- 8:01And at first, you know, 5 or 7% of the people were using cell
- 8:06phones and e-mail and all that newfangled technology, right?
- 8:10But now everybody's using it. And right now we have what, 7%
- 8:15of the people using crypto. And I believe over the next 5 to
- 8:1910 years, we will see much greater adoption of crypto.
- 8:24Why? Because of free market forces,
- 8:26right? Crypto works.
- 8:28It's it, it provides transparency and efficiency in a
- 8:32way that far out beats current options that most people have.
- 8:38It's kind of like if you wanted to write somebody a letter back
- 8:42in, let's say 1992, the year I graduated from college, you'd
- 8:46have to get out a piece of paper, write a letter, put a
- 8:49stamp on it, mail it, wait for them to get it, wait to get a
- 8:52response, whatever. Right now, people realize that
- 8:56they could use the e-mail was much faster.
- 8:58Same things going on with crypto.
- 8:59Let's get to what Keith Grossman has to say.
- 9:01He's much brighter than I am. And here's a post that Keith put
- 9:08out earlier today. He said back in June I wrote an
- 9:11op-ed for Bitcoin news titled We are about to enter the golden
- 9:16age of crypto. The reality is that we're in it
- 9:19right now and the momentum has not slowed.
- 9:23In fact, it's accelerating. These are things in the past
- 9:26week that happened in the world of crypto.
- 9:29OK, the Senate AG released it's long-awaited draft for a
- 9:33comprehensive crypto market structure framework.
- 9:37The SEC in the CFTC continue to actively shape policy in a
- 9:42constructive, transparent pro innovation direction.
- 9:46Visa is piloting stable coin payouts across its network.
- 9:51Visa OK Sofi became the first FDIC insured U.S. bank to offer
- 9:57direct crypto access. JP Morgan, once one of the
- 10:01industry's biggest skeptics, is expanding its digital asset
- 10:05initiatives and the FDFDIC is exploring clarity on tokenized
- 10:11Deposit Insurance. And Scott, percent right,
- 10:14continues to champion a clear path That's the United States
- 10:17Treasury Secretary for American crypto innovation.
- 10:21Why does this matter? More American innovation equals
- 10:26more American jobs. Ignore the short term price
- 10:30noise. The golden age of crypto isn't
- 10:33coming. It's already here.
- 10:36We got to remember the big picture, guys, right?
- 10:39Crypto is here, crypto is growing, crypto will change the
- 10:46world and oh, today is a special day.
- 10:51Thank you. Hey, look at that upstairs,
- 10:53Susie. She's back.
- 10:55There she is. Give her a high 5.
- 10:56Thank. Thank you for the reminder,
- 10:59sweetheart. Over.
- 11:02She's going to say something back, I think.
- 11:06Are you going to say anything back over?
- 11:07Excellent. Hold on to chat on YouTube
- 11:10reminded of Ready for the Moon. Shout out to him.
- 11:16For her, Yeah. Waiting for the moon.
- 11:17Thank you very much. But let me, let me back up, then
- 11:20we'll address what Susie here is talking about.
- 11:22Guys, we are in the golden age of Krypton.
- 11:27Thank you. That's Keith Grossman, president
- 11:29over at Moon Pay. They're also a sponsor of the
- 11:32channel Moon Pay is why I'm here, right?
- 11:36They were my entry door into crypto.
- 11:38They've been the entry door into crypto for millions and millions
- 11:41of people over 35,000,000. I bet it's even higher than that
- 11:45now, but 35 million people, they're adding value to crypto,
- 11:49bringing people into crypto. While we're at it, let's say
- 11:52thank you also to Ledger, right, the crypto security leader.
- 11:57But they're also a lot, lot more.
- 11:59They're signer devices, right? The Ledger Flex, the new Nano
- 12:03Gen. 5 right industry leading the best security that's out
- 12:08there, but they also have Ledger Wallet, their app where you can
- 12:12do everything you can manage all your crypto buy, sell stake,
- 12:16swap, manage everything within their safe, secure ecosystem.
- 12:21It's a big honor for us to have both Ledger and moon pay as
- 12:24sponsors, and today's our birthday.
- 12:26It's not our big birthday yet, but today is the 11 month
- 12:30birthday of Unicorn fart test yes, 11 months ago today I
- 12:35spawned this right with the help of moon pay.
- 12:37Like I just said, that was my I never owned a crypto.
- 12:41I created this. It was an experiment down here
- 12:44in the basement after upstairs, Susie had sent me an article
- 12:47about how quote UN quote easy and it was easy, OK to start a
- 12:52meme coin. It was easy to start the meme
- 12:55coin. I had no idea the power of the
- 12:59people, you, the community that would create what this is today.
- 13:03It's why I'm down here 11 months later on a Sunday night, right,
- 13:08hanging out with you in the basement talking about our
- 13:11project. Unicorn fart does.
- 13:12Look, the reality is, OK, I respond it.
- 13:16You created it. There's no arguing that
- 13:19whatsoever. This project has a very unique
- 13:22quality in that from day one, it has been absolutely, 100%
- 13:27because of you, organic and pure, right?
- 13:30I've done my part. I've been, I've treated you the
- 13:34way that I would want to be treated in this community has
- 13:37responded like we could have never, ever imagined.
- 13:41So thank you for the 11 months. Seriously, thank you, right?
- 13:45I'm not here without you. Thank you so much.
- 13:47You want to know. You want to know I I learned
- 13:50something fascinating today. I was listening to Alex Hormozi.
- 13:55He's a entrepreneur, teacher, coach, whatever you want to call
- 13:59it. But he said something that that
- 14:01I know stops most of us right from from achieving huge, huge
- 14:07success. And I've got it written down
- 14:08here. It's that process that we all go
- 14:10through or we know we want to achieve something.
- 14:13And this relates directly to Unicorn fart dust as well, he
- 14:17said. Everyone starts with uninformed
- 14:20optimism, right? You hear about an idea, you hear
- 14:23about a project, you hear about an opportunity, Whatever it is,
- 14:27it's like, oh, that sounds so great.
- 14:28You get that warm, tingly feeling in your brain or the
- 14:32back of your neck, whatever the case may be.
- 14:35Then he says that that's step one.
- 14:37Step 2 is people get into it and it's hard, right?
- 14:41Because everything's hard in life.
- 14:43Everything is hard. Anything big worth achieving is
- 14:47going to be hard. It's hard.
- 14:49So then people get to the second stage, right?
- 14:51They go from uninformed optimism to informed pessimism.
- 14:57They're like, oh, this is, you know, they hit the wall, OK.
- 15:01And then they go to stage 3, which is called the Valley of
- 15:05Despair. Like this is too hard.
- 15:07I can't do it. And they give up, right?
- 15:10And then they go back, right? They go back to the they go back
- 15:13to the find something new that they think is going to be fun
- 15:16and exciting. And then the whole, the process
- 15:18just repeats itself. But there's a fourth stage that
- 15:22we can get to, and that's called informed optimism.
- 15:26Knowing, right, that it's hard, but we're going to remain
- 15:29optimistic. We're going to have that
- 15:31fortitude within us to stick with something which I know is
- 15:35where we are right now on this project, OK?
- 15:38From there, from there, that's where you get to achievement,
- 15:43right? There's five stages, right?
- 15:45Uninformed optimism, informed pessimism, when things get hard,
- 15:50right, the valley of despair. And then which is where most
- 15:54people quit, but we don't quit, right?
- 15:56We have discipline. I have discipline, right?
- 15:59The core people that are part of this movement, part of this
- 16:02community, have discipline, right?
- 16:04Then we move to informed optimism and then we move to
- 16:08achievement. He called it the the woman in
- 16:11the red dress, right, like, oh, everything's, it's everything
- 16:16starts out feeling so fun and exciting and this is going to be
- 16:19great, right? Or I've also heard it been
- 16:23called the shiny red ball syndrome, right?
- 16:26But the reality is guys, big achievements, whether it's
- 16:31Unicorn fart dust, whether it's anything that you're doing that
- 16:34we that you want to accomplish is going to take hard work.
- 16:37And it's as long as the goal remains out there, something
- 16:40that you believe in, it's worth doing.
- 16:43Look, I can't tell you what to do, OK, But I thought that was
- 16:46some great, great advice on his side.
- 16:48The all He also said something I love Alex or Mosey people have
- 16:52different opinions on, but I think he's give some really good
- 16:55information. He said the other thing that you
- 16:57got to any project you're on is going to be stressful.
- 17:02He said a growing a business is stressful.
- 17:04Letting a business decay is stressful.
- 17:06Letting a business stagnate is stressful.
- 17:09Everything is He said everything in life is stressful.
- 17:12The only people who don't have stress are dead, he said.
- 17:17They don't think this is this is what hit me, he said, Don't
- 17:20think that there's something wrong with you because your
- 17:24feet, you feel stressed, right? That's normal.
- 17:26Everything life is stressful, right?
- 17:29And again, I'll repeat what he said.
- 17:30The only people without stress are dead.
- 17:33So it's normal to feel stressed. It's normal to feel whatever
- 17:36we're feeling, but OK, what's abnormal and what the great
- 17:41achievers in life have is the ability to stick with things to
- 17:45have that fortitude to have that strength within to realize that
- 17:50yes, things are hard, OK, However, the goal that I want to
- 17:55achieve is still worth achieving and not give up, not give up and
- 18:00go running to the next thing that seems fun and exciting,
- 18:03right? And you know what?
- 18:04And I'm not putting crypto down because but but I actually, this
- 18:09is just coming to me right now. I don't know how you feel about
- 18:12this, but a lot of times I've I've seen that in crypto, right?
- 18:15Like the core people in UFD are here in through the UPS, through
- 18:21the downs, through all of it, right?
- 18:23But there's also some peeps, some not all, not all of us.
- 18:28And that's one of the things that makes us different with
- 18:30Unicorn fart dust is like we do have the fortitude to see this
- 18:35thing out, to not give up lended the Lindy effect, right that we
- 18:39are going to be here, we're going to show up.
- 18:42We're not going to give up. We are not giving up our land,
- 18:45our, our place that we've staked on the in the crypto world and,
- 18:50and look, guys, when things get better, all the hard work, I, I
- 18:55like the like and nobody, nobody likes that.
- 18:58Do you like this analogy? This is the analogy I like.
- 19:01Sometimes it feels like we're, we're opening a snow cone stand
- 19:05in the middle of winter, right? We're building the snow cone
- 19:09sedan. We're perfecting the business.
- 19:11We're getting it all ready so that when the good times come,
- 19:14when summer comes, when the weather warms up, we're, we're
- 19:17prepared. We are ready to go.
- 19:20All right, guys. Thanks for joining me down here
- 19:22in the basement. OK.
- 19:23I hope you're doing great. Be good to yourself.
- 19:26Please don't forget. Be good to yourself first.
- 19:29That will give you a platform from which to be good to other
- 19:32people. Have a great rest of your night.
- 19:34Take care. Thanks for being here and I'll
- 19:36see you soon.