The Ben and Emil Show - BAES 41: Trump Has a Stock Now
Episode Date: March 28, 2024We got a good one for you this week (as always). Pop-neuroscientist Andrew Huberman got profiled in NYMag for being really good at dating multiple women without their knowledge. Also we have some GOOD... NEWS about things going on in the world so that's nice. Then we're diving head first into Donald Trump's new publicly traded stock whose symbol is aptly $DJT. Plus, Facebook is being overrun by AI generated images of Shrimp Jesus with sexy asian flight attendants for some reason. Plus, we're talking MARKETS, Apple, Nvidia, BITCOIN. Enjoy yourself. Also our bonus episode this week is so good, as it is every week. Head to https://benandemilshow.com and sign up! Here's the link mentioned in the first few minutes ;) -- Click the link below to get up to 15 free stocks from moomoo U.S when you make a qualified deposit + earn 5.1% on uninvested cash + an additional 3% APY Coupon for 3 months!! Terms & Conditions Apply: https://j.moomoo.com/00MbzJ UP TO. FIFTEEN. FREE. STOCKS. GANG. __ Some of our sponsors: Use code PAYPIGS at this link to get an exclusive 60% off an annual Incogni plan: https://incogni.com/PAYPIGS Try BlueChew FREE when you use our promo code BAES at checkout - just pay $5 shipping. Go to https://bluechew.com and use promo code BAES Upgrade your sleep with Miracle Made! Go to https://TryMiracle.com/BAES and use the code BAES to claim your FREE 3 PIECE TOWEL SET and SAVE over 40% OFF. __ Watch the Meatball Special 2 here: https://youtu.be/klaNlKWM2Go See our episode from last week here: https://youtu.be/va-DITy7D-A Watch the Taco Bell Taste Test here: https://youtu.be/5wsoc5pieuA This episode (and every episode) was masterfully edited by Dillon Moore. Check him out at https://www.dillonmoore.co and @ dillonmoore on IG We're on instagram. @ bencahn and @ emilderosa and @ dillonmoore Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcript
Discussion (0)
what's up everybody welcome back to another episode of the ben and a meal show we are you know
we're going to be working on a new intro um because and this first one is an apology for we're
both sorry for everything dating six women at a time yeah oh man that was i think my first mistake
was dating that fifth woman yeah because then after that we knew we were in too deep yeah geez
When I got to number five, and I figured, Christ, I already have my third girlfriend doing IVF.
One of them was doing IVF?
Yeah.
Oh, geez, Louise.
One of mine, at least.
Well, we'll get to that in a second.
So the Meatball Special is up, episode two.
It's a really good one.
So check that out if you haven't.
Bonus episodes are at Ben and Emile Show.com.
Sign up there, support the show.
Support the show.
The New York show, the live show, is sold out.
Thank you all.
But there's always inevitably someone trying to,
who can't make it or something.
So if you're looking for tickets or you need to send,
the Reddit is the place to go.
Or if you want to scam people who are fans of ours,
go to Reddit.com and say you have tickets
and then be like, send me money on cash app
and then say, you beat.
Nah, our fans are too smart for that.
Yeah, don't fall for it.
be smart for that um and then lastly uh in the offers in the description and i can't i i don't understand
it's glen hey glen glen's the best but he's the compliance officer for this uh mu mu company and so that's
how you know you can trust it exactly actually but i can't for some reason there's some rule where
i can't really divulge the details of this offer through the mu mu mu trading app but it's in
in the description so you want to check trust me when i say you want to check it out it's
really good trust glen when we say you want to check it out and um that's it so so i know
don't know so andrew buberman man they you know what they ought to call fuck shit you know what they
ought to call him this guy andrew huberman um Andrew buberman more like Andrew loser man
no more like Andrew booberman more like Andrew
girlfriend man
six or
so if you don't know
who he is mom
mom he's a
what is he
I'm finding out a lot of people
don't know who he is
he's a neuroscientist
from Stanford
and he's like
a cool one with tattoos
he's basically
think of a cool chef
but a neuropsychologist
you know how they all have
their arms crossed
and shit this man is on
arms crossed mode
at all time truly
I've never
he's just like
are you sleeping enough
basically any
Any kind of pseudoscience,
and I shouldn't even call it pseudoscience.
It's because it's not.
Yeah, I don't think that's fair.
Yeah, any kind of new thing that you've heard about.
It's like if you're a fucking guy who wants to maximize his betas or whatever the fuck,
it's like he's your shit.
It's like, uh, also I do, I want to be clear.
Be clear.
I found him annoying before all this habit.
He did.
You have a whole standup bit about it.
I do.
And so I was very thrilled when I was like,
I was like, get his ass.
And then I was like, oh, I thought it was going to be something.
He seems like not a very nice guy to romantic partners.
Yeah.
But it is ironic to me because there.
You like him.
You're like, you were on some fucking, you were on some like,
I'm not drinking coffee till I've stared.
Oh, yeah.
The one thing that I saw that got like regurgitated online that was like,
neuroscientist says that you shouldn't drink caffeine.
You're like, if I haven't stared into the sun,
I am not drinking coffee.
You know what, though?
I don't do that shit.
I wake up and I have coffee, so put a dick in it.
Well, apparently that shit's still all.
But if you're a guy who wants to get your betas right and you're like maximizing your ice bath time and like this is your guy.
That's his deal, Mom.
He advocates for ice baths and saunas and not drinking alcohol and not consuming nicotine.
And just he's cool with nicotine.
Oh, he likes nicotine.
but just not smoking it and the optimal times he's just all about like biohacking body optimism
one of my favorite ones was uh like i can't remember the title how to drink water it would do
well that's the thing i was like how to hydrate properly it's like step one drink the shit
jesus i know i was like i think maybe he's running out of uh running out of steam here a little bit
because one was just like hiccups what's the deal and it's just uh i don't know if he's he's uh got enough
runway on the well we're already talking about it so we might as well just divulge a little bit
because it's interesting because he's in the podcast space oh i don't know if we even mentioned it but
new york magazine did a big piece on him called falling for huberman and uh at first it seemed
like it was going to be a i thought it was going to be a takedown of his whole belief system
yeah science stuff because it does seem a little it does seem a little it does seem a little
a little weird.
I'm like, this guy's a neuroscientist at Stanford,
but he's always hanging out in, like, L.A.
and with, like, fucking Tom Segura and Burt Kreischer.
Yeah, I don't know.
And so I was like, yeah, let's get down to what this guy's up to.
But it's really just about how he has,
he has a crazy, complicated, romantic life.
And he was dating one woman.
They've changed all the names.
I mean, I've got an excerpt here.
You want me to read it?
Oh, yeah, sure.
It's pretty perfect.
uh there was a day in texas when after sarah left his hotel andrew slept with mary and texted eve
they found days in which he would text near so these women all got together and figured it out
they found days in which he would text nearly identical pictures of himself to two of them at the same time
that sounds like optimizing i mean honestly if you're going to have six girlfriends i think there's
going to be some overlap there's going to be plenty of overlap uh they realized that the day before
he had moved in with sarah and berkeley he had slept with mary and he had slept with mary and he
He had also been with her in December 2023, the weekend before Sarah caught him on the couch
with a sixth woman.
They realized that on March 21st, 2021, a day of admittedly impressive logistical jiu-jitsu.
While Sarah was in Berkeley, Andrew had flown Mary from Texas to L.A. to stay with him into Panga.
Okay, so Sarah's in Berkeley.
He's in L.A. with Mary.
While Mary was there, visiting from thousands of miles away, he left her with Costello.
I don't know who Costello is.
His dog.
He drove to a coffee shop where he met Eve, okay?
They had a serious talk about their relationship.
They thought they were in a good place.
He wanted to make it work.
Phone died, he texted Mary, who was waiting back at the place in Topanga,
and later to Eve, thank you for being so next, next level, gorgeous and sexy.
I mean, this kind of stuff I feel bad.
Sleep well, beautiful, he texted Sarah.
I mean
Some takes online were pretty funny
Because it's like
If this was meant to be a takedown of his
Of his like regime
What is he called?
The Huberman Protocols?
It's like this guy clearly has an insane amount of energy
And like
Inattention for detail
And some people were like
Well is it because he got caught
It's like I mean that just that day
I'm like no that's
I'm exhausted
Just
And this guy's what
14 years older than me
I'm so tired just thinking about.
I bet his erections just fucking point to the ceiling.
Some coconut smashes on this guy.
Coconut smashes, what is balls?
No, a coconut smasher is an erection that would be so...
Powerful that you could smash him.
Oh, okay, okay.
Well, Andrew Booberman, yeah, it's not going to do anything to him.
Oh, I really understand.
Everyone who loved this guy, men need a father, and they found that in YouTube.
and Andrew said this one was good for men who need a father
because some of their craziest YouTube dads
have fallen off like Jordan Peterson
who was telling men to make their beds
that was their guy for a long time
yeah
better wake up and make you bed and that
they've been confused
because now he just goes on podcast and weeps
and they're like I don't
this used to be my father figure
have you ever seen a man play guitar on the beach
in front of a sunset
with his children nearby
no
because you took the vaccine
and so now they
they have
they've got daddy humor man
and I think
I think it's a good spot to say
that we do not endorse
his behavior
okay we don't think that it's good
it's just funny
that it's happening
to him
I had a dad
I have a dad
yeah
so I don't say that about Ray
you have
At a dad, holy God.
He makes me feel, it makes me feel like I tried to listen to one of his,
the very popular one about alcohol.
This was like.
Shouldn't drink alcohol?
Which fucking drives me nuts because everyone was acting like it was the first time
they found out alcohol was bad for them.
It's actually really bad for you.
Yeah.
That's what he talks like, by the way.
It's like two hours and 15 minutes.
And I was like, yeah, okay, I guess I'll listen.
I could probably stand to drink less alcohol.
And the whole time, I'm like, what are you talking about?
I couldn't, I don't understand.
anything about the human body he's talking about dopamine receptors and I'm just like I get it
it's not good for me I don't need to I don't need two hours and 15 minutes of this fucking
bullshit you know who's a dopamine uh Andrew Buberman Andrew Bueberman he's a dope he's uh
can you believe it he's he's maximizing it it has been nice seeing some people come out um
and being like he's a he's dear personal friend
and they oh yeah i forgot i got the uh i got the lex friedman tweet here i need to read it in his voice um
because i you know i i do a really good lex freeman impression uh oh so actually real fast
there's there's this great tweet exchange someone wrote uh someone named goo oh this is my favorite
what happened and then coltie bra responds he got exposed for having six girlfriends at once
and Chad ramming his fans like a G, and people are shocked.
And then this guy responds.
Oh, all good.
I thought he was drinking coffee 10 minutes after waking up.
Wait, wait, wait, wait.
What is Chad ramming your fan like a G?
Chad ramming.
Is Chad ramming like when you...
I believe it's probably fucking.
Double cross?
I don't know.
All right, so Lex Friedman, of course, has had Andrew Hummer on his show.
They've been on each other's shows.
And...
Urban Dictionary says Chad Ram is to get absolutely
blitzed on stimulants that go about your day like a primal gorilla that escaped from an abusive
zookeeper of 14 years.
I don't care.
While these stimulates are kicking in, you typically see a Chad Ramer clenching his jaw,
like he hasn't had food in years and they're nearly becoming deaf because of the viciously.
I'm just saying.
I get it.
You ask.
You ask what Chad running was.
All right, here's, I'm going to try my best to do good Lex Friedman here.
It's heartbreaking to see a hit piece written about my friend Andrew.
Hugherman. I know him very well and can definitively say that he is a great human being.
This actually does sound exactly like it.
Scientist and educator. Hit piece attacks like this are simply trash, clickbait journalism,
desperately clinging on to relevance. Andrew should be celebrated, period. His podcast has
helped millions of people, including me, lead healthier.
lives keep going brother
hey everybody we want to talk to you about a problem
all right there's a big problem did you hear about it data leaks
data leaks i've heard about it they're becoming more and more common you're losing
your data to these uh to these these bad actors out there your sensitive information
your data is up for grabs to the highest bidder why is that a problem well it's all your
confidential stuff all your confidential your phone numbers your home addresses your
Social Security numbers.
All this stuff you're typing.
Your shopping habits, anything.
You know who it is?
It's these data brokers.
They got your data
and they're going,
who wants some of this data
from precious a meal?
You want to lose?
No, please.
You're going, please.
Well, I got some good news for you.
The good news is that you have the right
to protect your privacy
by requesting that those data brokers
delete your information
that they've got on you.
However, the bad news
is that if you do it manually,
could take you,
years, right?
But we got a solution for you.
Incogni.
Incogni reaches out to data brokers on your behalf, requests your personal data removal,
and deals with any objections from their side.
I object.
Too bad.
I've actually, I've signed up for it.
It's actually really great.
And you get these little notifications being like,
we're fucking bugging them again to get your shit removed.
It's great.
So since many data brokers collect your personal information again after some time,
we also take care that our data stays off the market by conducting repeated ongoing
removals. Yeah, I mean, they also give you a breakdown. It's insane just how many weird
places have all your information. Spooky. Use code pay pigs at the link below to get in the
description to get an exclusive 60% off an annual incogny plan. Go to incogny.com slash paypigs.
That's code pay pigs for to get an exclusive 60% off an annual incogny plan. Incogny. I
n-c-o-g-n-i-com slash pay pigs he's going to be fine everyone's going to i do think that it's a little
bit all right let's move on let's move on shall we i got some good news for you man they put a pig kidney
in a guy hell yes they put a pig kidney in a guy there's uh mass massachusetts general hospital
had the first successful transplant of a genetically edited pig kidney into the 62 year old man
living with end stage kidney disease they put in pigs and humans y'all they put they put they put
pig kidney in a guy. They put a pig kidney
in a guy. Make it spread, folks.
Go Driggs B mode on us. We are not
going to put a pig kidney in a man because
it's easy. We are going to do it
because it's hard.
Because it's hard. And it was hard.
It was so hard. It took
them like six hours. It took them four hours.
Four hours. Yeah. They did
69 genomic edits
using CRISPR technology
to remove the harmful pig
genes and add human
genes to improve
His big kidney's full of pig jeans.
This kidney's full of pig jeans.
He's going to be sniffing around for truffles.
Can you believe it?
But interestingly, I found this interesting.
The hospital had the first, that same hospital did the very first organ transplant, which was a kidney.
And they did the first penile transplant in 2016.
You know who received that?
Ooh, can you imagine getting some dead guy's cock put on you?
I'm thinking about it.
You think it works?
Do you think he works just like, you think you can get coconut?
jerk off that thing is it you are you really jerking off or are you jerking off someone
fellas is it gay to jerk off your penile transplant plant dick transplant fellas
sound off in the comments i don't think it is because i think since it's connected to your brain
and you can feel it i don't know actually but uh begs the question what happened to the first
guy's dick did it get run over uh no why did he need the transplant i would imagine he kept
shot in the dick oh the first guy yeah the first guy who's like i
I need a dick transplant.
And they were like, we got just the thing.
Yeah, this guy just lost his.
This guy just lost his dick.
Well, this guy just got fucking killed.
Yeah.
You can take his dick.
I'm an organ donor, and I hope to one day donate mine.
Oh, someone would be so lucky to get mine.
Oh, yours.
Got my face on it right at the tip.
Is that what yours looks like?
Yeah.
Interesting.
Doesn't it?
My mom told me.
Anyway, it's good news, though, because I didn't know this.
17 Americans die every day waiting for an organ transplant.
And there's 100,000 people awaiting.
So this is one of the good examples of technology helping us tremendously.
When the pigs were polled and when they found out about this,
they started tugging at their collars and saying, oh, boy, that's not great for us.
But then they looked in the corner and they saw mud and immediately got, ooh, mud.
I want to get a pet pig, man.
Let's skip the McKenzie Scott thing.
Who gives a shit?
She's the former Bezos wife, McKenzie Scott.
She's donating a bunch of money.
And, you know, it's just she's doing it without strings, which is wild.
The other good news, want to give a hearty fuck you to Boeing CEO, Brian Calhoun.
David Calhoun.
You'll get there.
You'll get there.
Dave, fuck him.
Because he's stepping down.
He said he's stepping down by the end of the day.
Which a lot of people are celebrated.
I don't know if this is like the big celebratory thing.
he came in in 2020 after the whole mess with the two maxes going down but he was on the board of
director since 2009 yeah and his whole the whole intention of getting him in there was for him
to turn around the company and make it a safe flying experience for people he has not done that
If anything, like, the brand is completely tarnished at this point.
Oh, across the board, between the inner corporate culture, the workers on the factory line,
the public, the traveling public, the airlines, like, whoever's going to be the new CEO is going to have their work cut out.
I mean, one of my favorite things, though, is that they have a quote from a former senior Boeing executive,
and he said, it tears my heart out, the memes and the way it's characterized in the press,
It's inexcusable.
They've got to get to the bottom of what happened,
but more important than that, why.
But I love that they see the memes.
Yeah.
You think they saw my tweet?
If it ain't an airbus, I'm making a fuss?
You think a Boeing executive saw that?
I'm flying tomorrow on a 737 max.
Everyone say goodbye.
And if this ends up being it,
that'll be pretty funny, I think.
I just want you to know that if the plane goes down,
I will not be screaming.
I will be stuffing my mouth with Xanax,
hoping that it activates quicker than the plane goes down.
Actually, I'll be on Lex Friedman mode
and being like, this is a plane full of love and hope.
Because that's his take on everything.
He's like love and hope.
That was a fucking bad bit.
It was okay.
But, anyway.
I'll be on like a 767 tomorrow, so hopefully that's fine.
So you're going to be on an old Boeing.
Yeah, they don't make 767s anymore.
Should I look it up?
Am I wrong?
I'm sure it's old.
Wait, what airline and where are you flying?
Delta.
Yeah, you're probably flying a 67 or 57 or 57 is probably a 67.
Where's my plane?
Oh, it's somewhere over the country right now.
I don't know, man.
I'm pretty sure this is riveting shit.
But yeah, I was trying to find out also what happens if he's exiting early because
you know a lot of people were celebrating the the previous CEO going away
Dennis Mullenberg oh yeah and you know it's supposed to be his like shameful exit
he was he receives 62.2 million dollars in stock and pension awards on his way out
that fucking sucks I mean so everyone's like how do these guys not feel like they're not going
to hell I mean there's some words from a guy like
from a someone who
so Michael Stumo who lost his daughter
in the Ethiopian Airlines crash said he was fired
for poor performance and he should be
treated like any other production employee who gets
fired for poor performance
another one who lost her father said nobody gets
their benefits when they've screwed up this much
Mullenberger and my dad are and were the same
age two people and one is a privileged person
who gets away with having such a big
part to play in the death of so many people
and the other who trusts a product and dies
for it so
so fuck you to Mullenberger too
yeah yeah um yeah i don't know they're gonna have a hard time here the they've got a they've got a
meeting with the airline CEOs set up to address all these problems and stuff
he's gonna go get his heinous bank to being like we're doing the best we can i went down there
and he's he's giving um he's he's giving them there do it for the gipper speeches can you guys
pay a little more attention down here he's been going to where uh factories so
then, hey.
Sorry, we're working you so hard.
You guys can slow down now.
You can slow down.
You can make him good again.
Yeah.
Okay.
Oh, man.
Also, like sometimes, some of these quotes are like direct from Tom Wamskans in succession.
Just like, this is from David Calhoun.
We just have to always remind ourselves that our people on the ground, that ear, our ear for them.
Our willingness to seek is maybe the most important thing we can do in this journey.
Our willingness to seek?
I have no idea.
Shut the fuck up, Dave Calhoun.
I've learned my own lessons across Boeing, broadly speaking.
You just can't work hard enough as a leader to lend that ear.
As a leader.
Okay.
It says ears so many time.
Fuck that guy.
Wish me luck on the flight, et cetera.
Okay, the other big, big, big news.
Donald Trump got a stock.
Donald Trump has a stock again.
This has been a long time coming.
He had a stock in the 90s, in the late 80s, I believe the late 80s, 90s, and the ticker symbol was the same.
It was DJT.
And it went public.
What else would it be?
It went public, amen, brother.
It went public at like $10 a share.
It shot up to like 35.
And then they just started hemorrhaging money.
He was using the, he was using stock to like pay or cash in the company to pay for all sorts of extravagant shit that had nothing to do with the business.
and then they filed for bankruptcy.
A classic Trump move.
Yeah, classic Trump move.
He had water at a certain point.
Trump ice water.
That was actually really good.
Trump ice water.
If you're a waterhead.
Trump steaks.
Where my waterheads at?
Oh, the Trump steak.
That was actually.
God damn, dude.
You would think that someone who's so brand aware
would realize that the more you pump your stupid brand into literally every aspect of products that are possible,
that it cheapens the brand itself.
I also think we're thinking of Donald Trump in 2024, which is a very different guy that, like, there was a time when, uh, he was always a little goofy, but like, Trump was like a respected name.
It was like Trump properties, Trump, I was only respected by virtue of the fact that, that it was just all a farce.
Like, you thought that it was good.
Sure, but regardless of whether or not it was real, that was the public opinion.
Exactly.
Like, um, he succeeded at that.
I think I might have told this already, but it was, when I was coming back from Mexico City,
there was like 25 minutes left on the flight and I was just so bored.
I put on the pilot episode of Sex and the City.
And they, uh, when Mr. Bigg first comes on the screen, they go,
he's supposed to be the next Donald Trump, blah, blah, blah.
And you're like, holy shit.
Yeah.
And I caught.
Times have changed.
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Well, so truth social, as you all know, is Donald Trump's
fledgling little social media project that's meant to be another Twitter.
But way better.
You can say whatever you want as long as it's not about Trump.
for a long time it has been
it's not been trying
but it's been the process of merging it with this other company
that's already public
it's been ongoing for over a year
this is dwac yeah dwac
digital world acquisition corp
which is a blank check basically it's a company
that has a whole bunch of cash
they don't have any business model except for
they are a public company who's stated goal
is to acquire a business
and in doing so
bringing that company public
so their thing
that they were going to acquire
is truth social and it finally completed
so it
the ticker symbol changed today
two days ago for you guys to DJT
hit the NASDAQ
it's actually doing really well
it went from it's soaring
it's soaring the last I heard it had like a $9 billion
market cap that sounds
about right yeah
so here's a couple things
Trump is getting sued
from every direction
that was the thing I was like
wait which fucking lawsuit
is this even related to it is it I honestly don't know
I looked it up
every hole is getting plugged
it's I mean yeah he's getting sued for
election stuff stuff with the insurrection
he's getting sued for
sexual assaults
hush money with affairs
and then so
and this what this one is actually a part
This is part of the fraud case where he was basically inflating business numbers to get...
Bad loans?
Yeah, to make it easier to acquire loans and that kind of thing.
Which he then paid back.
So they're trying to retroactively say, well...
I believe they're applying...
They want the profits to be dispersed.
And so it's like $355 million or something like that.
And then with their applying interest, it's about $4.4.4.
$450 million, but also, I think it was just today, they reduced his bail.
Not his bail. They reduced the amount they'll accept while he's appealing. So at first they wanted
the full $450 million today. They said they'll take $175 million to put everything on pause while
he appeals. Right. So that's, and he's also claimed, so people are saying he doesn't have the
money to do it. But he's, of course, being like, I have plenty of money to do this. I have like half a
billion dollars in cash but i just want to use it on the election did you see the video of him
taking out like 80 dollars from his pocket he's sitting by himself and he's got his stupid hands
like in between his legs and he just kind of sheepishly reaches into his back pocket and he takes
out cash and it looks like he's just like trying to do it secretively and he just kind of like
thumbs through it and he's it's 80 dollars kind of holds it like what was he fucking
was he a church?
And he's like going to put it in the collection plate?
There was a funny quote from the judge.
He said about the Trump family.
He said,
their complete lack of contrition and remorse
borders on pathological.
Pretty good.
The frauds found here leap off the page
and shock the conscience.
Well, so you hit a good point.
He needs a lot of money for these lawsuits.
So the timing of this company finally going public
is really, really, really good for him
because...
His stake in Truth Social, now known as DJT, is worth over $3 billion.
However, he's technically not supposed to be able to sell any of those shares for at least six months.
But the board of directors can vote to change that and allow him to sell some early.
And who's on the board of directors?
His moron sons.
Donald Trump Jr. and his former trade rep Robert Lightheiser.
And other people like Devin Nunes, former congressman who was like, you know, supporting him and all this.
But a big reason why the stock was actually dropping at first because that the thing that he owed, the amount that he owed was so high that the assumption was he's going to have to dump his shares as soon as he can in order to be liquid enough to pay this debt.
So when they dropped it from $454 million to $175 million, the shares actually went up.
We're in biz, baby.
Oh, well, so he doesn't have to sell as much.
But, yeah.
So there's another interesting aspect to this, which is Jeff Yas.
Yes.
That's exactly right.
He is a GOP mega donor.
He's a billionaire from a fund called Susquehanna.
They're a major, major market maker.
Say that one more time?
Suski Hana.
Suscuna.
Am I saying it wrong?
Susquehanna
Susquehanna?
Susquehanna Bank Arts Center
I don't know
Susquehanna
They are the biggest institution
that owns
All the people from Pennsylvania
are going to kill us
Thank you
Okay
For but
For butchering that name
So
Actually this guy's story
Was very interesting
He made his riches
He and his buddies
I think they went to like MIT
or something
They got really good at poker
because they did all sorts of statistical probability shit.
It was like poker and blackjack,
and they won a ton of money,
and then they graduated horse racing gambling.
And they did the same thing.
They like did probabilities and stuff
and would place huge bets,
but like tons of bet
and just started making millions of dollars
and then eventually got into options
and trading options and did the same thing.
But anyway, so this guy's a big,
gop guy he owns susquehanna orn owns 2% of djt they're the highest institutional owner um and he also owns
7% of ticot interesting and that chunk is worth 30 billion dollars and as we know trump has said
that he will veto any ticot legislation so it's just an interesting kind of connection there
that this guy is in cahoots with Donald Trump
probably because he wants to protect his TikTok investment.
You know, I don't know what power is.
Donald Trump going for the Gen Z vote.
Truly, he is.
So, I don't know, I think that the stock
is probably going to keep going higher
and then it'll, because it's basically,
he's absolutely,
I think that he's indirectly going to be using the stock
as a way for people to like donate to him his followers will absolutely see it as a way to like
well i'm supporting the president i'm supporting i shouldn't do that southern action i'm sorry but
i'm gonna do it i'm supporting the president i'm supporting don't trump i'm by i'm gonna buy that stock
we're all gonna get rich together we buy that stock he's got a very dedicated fan base oh such a
yeah yeah fan base they're like blindly it's just another fucking grift on his part i don't know
man truth social is worth a fraction of this amount i saw my first person out in the real
world using it when i was at indian wells we were you all get kind of smushed in when you're waiting
for a um for a tennis match no when you're waiting for a uh changeover so you can so you can go in
and sit and you saw some dork on truth social it was a woman probably in her 60s and i couldn't stop laughing
because her husband pulled out a book.
He was reading The Sun Also Rises by Ernest Hemingway,
and she pulled out Truth Social.
And I was like, I love these two.
What are, what's going on here?
It's really a bummer sometimes to,
I got dinner with a family friend,
one of my dad's old family friends.
That doesn't sound like a bummer.
The wife, the wife.
Oh, it's bummer when you have a wife.
It's a bummer when you have a life.
no she had become you know it's just boomer brain everything becomes um everything comes
into your brain and gets processed as like good trump or bad for trump and like she just views
the whole world through the trump lens i would say that's true on the opposite that's true yeah as
as i was saying it i'm like that's fucking a lot of people not to she's a major trumpy though sure
But I think it's just as bad on both sides.
I think people don't really like think about nuance.
They just like kind of are like, well, is this a good liberal thing or a bad conservative thing or is this a good conservative thing?
Or is this a Libs or the Geo- like is this a Republican thing or a Democrat thing?
Are bike lanes a lib thing?
Right.
Because if they are, I hate them.
And I think that's the frustrating thing.
It's like no one has any real kind of like moral.
uh beliefs they're just kind of like well what side does this fall on um and i find that just
infuriating where you're talking people it's like what do you want though what do you like just
i don't know i don't know i won't get paid sure i won't get paid what's up everybody we got another
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I find it more upsetting that we've siloed everyone to different
platforms to just kind of now you don't even have to deal with other people's reality right you can
just be like this is bumming me out i just want to get fed either trump memes or like
biden memes or whatever it's just the i don't even know you don't even have to like deal
with competing viewpoints anymore you're just like well just go to this one specifically designed
for me where it just is all about well speaking of that uh based
There's some crazy shit going on on Facebook, and it's, I think it's awesome.
Basically, there's a ton of, there's a ton of meme pages that are fully being taken over by AI.
They are AI generated images, and then in a lot of cases, they're either gullible boomers in the comments or just other AI accounts in the comments, just interacting with each other.
and the more these kind of posts get traction,
the more they're appearing in people's feeds organically
because it's kind of like the For You page.
Like you may not follow these accounts,
but because they're so popular,
it'll be like, hey, you might be interested in this,
and it's Shrimp Jesus.
Are you guys interested in Shrimp Genius?
So, Jesus, fucking idiot.
Did you just say Shrimp Genius?
Are you guys interested in Shrimp Genius?
My co-host, ladies and gentlemen.
from genius
oh fucking god
it's just because that's a band
I really like
so I have a bunch of these
and I just want to
have you seen these
so for the audio listening
you're just going to have
to fucking suck it up right now
no you won't
because we'll explain it to you
so this is a little black boy
in a village in Africa
and he's sitting next to
a Jesus made out of Coke bottles
and
and the caption
first of all the page is called
love father and mother bless you
and the caption is
made it with my own hands
thanks to everyone
who appreciates this
and all of the
there are 14,000 comments
and I'll just read a couple for you
amen, amen, amen,
nice job, great job, great job, great job
I'm loading some more
amen, great job,
an excellent job, receive more
understanding and wisdom from above
in Jesus mighty name.
So it's just bots responding to bots, right?
Oh no, well I don't know if it's bots
because goodness beauty here says amen, amen, amen.
Goodness beauty is a really good.
person this guy Jamie Garner in all caps wrote wow awesome job young man great job
click on that profile okay this guy this guy's real this guy's real for sure I guess
or this is a woman sorry she lives in Detroit all right so that's one here's a guy
here's Jesus in sand and again made it with my own hands thanks to everyone who
appreciates this and then here the comments amen amen amen amen amen amen
And then this one says amen, amen, amen, like 10 times and then says, thanks, Jesus, help me, Jesus. Help me, Jesus. Help me, Jesus. Amazing. God is using your creativity to reach out to others who may not know Jesus. Who Jesus really is and all that he can do. If they just turn their lives over to him and then stand back and watch what he can do with their lives. And then there's a gif she posted of Snoopy holding a heart. Snoopy really do be loving shrimp genius. Here's another one. This is, this is Shrimp,
and it's actually kind of cool it's like a it's like a one of those 3D wiggle ones where you wiggle
your mouse around it's uh wow i never seen shrimp genius like this it's uh shrimp genius is it's uh
shrimp genius is it again i've never seen shrimp genius like this it's a shrimp but with jesus
you mind if i get a couple wiggles in yeah wow so this one is the caption is may 2024 is
your best year and as you can assume all the comments are amen amen amen amen
Amen.
Here's a crab Jesus.
Do crab Jesus go off?
So now we're getting into a different kind of thing, which is nobody likes this.
That's what the comment, that's what the caption says in order to get people to comment.
So this is, again, these are all AI generated.
This is.
But it also says, no one like my artwork.
No one like my artwork, two crying faces.
And then people are saying, amen, awesome, amen, amen.
These are bots.
No one's just like.
You don't think push.
Patel or Gloria
Francis. Amen, amen.
It's like they're scared that if they don't
write amen, Jesus is going to find out
and be pissed. And they're going to get
Whoa.
Here's a
What's that called
Seahorse? Here's Seahorse Jesus.
Seahorse genius. It's basically a bunch of
seahorses in the shape of the
cross kind of and then just Jesus
head. And of course the caption is
no one liked my artwork.
Here lie the king of shrimp.
We've got amen, amazing.
Thank you, Lord, amen.
This guy wrote, Amen, am, I, N.
That's how you know it's not a bot.
Here's a good one.
Oh, and then it gets into,
for some reason, there's a large contingent of Jesus
with flight attendants.
Well, because...
Specifically, Asian, there's two here, actually.
And it's another 3D photo for some reason.
It's, we got Jesus praying with a bunch of Asian flight attendants.
And there's a secondary Jesus behind him.
And it moves again.
The caption on this is great.
Beautiful cabin crew, rose emoji.
And then Scarlet Johansson.
And then two kizzy.
Beautiful cabin crew.
Scarlet Johansson.
And they all have a bunch of hashtags.
And they use God is Good, USA, Jennifer Lopez, Alexander DeDario, Angelina Jolie.
And Dylan, Dylan, do you want to guess what some of the, um,
what some of the comments are.
Amen.
Amen.
Amen.
Amen.
Amen.
Amen.
Amen.
I'm just scrolling and all I see is amen.
Uh,
here's,
here's another one that's beautiful cabin crew,
Scarlet Johansson.
This is again from love father and mother bless you.
It's another little black boy posing next to a Jesus made out of oranges.
And the caption is,
Made it with my own hands.
Thanks to everyone who appreciates this.
And I guarantee you there are people out there.
This is okay.
I'm down to the last one because, Emil, this one is the craziest one.
This is from a Facebook account called Lovely Baby.
Which that's a guy.
I follow that page.
This page is called Lovely Baby.
And every single photo on this page is people with severe deformities.
some of them are fake
I've only taken the fake ones
Oh I thought they were all AI
No these aren't AI
These are just
This is just a weird AI
Run page
But every single photo
The caption is
Today is my birthday
Hope I get some love here
And the first one is a
Is a black guy
On all fours
Pretending to be a cow
And
How can you tell he's pretending to be a cow
Because look at it
What does he do
He's got his shoes on his hands
He could be a whole guy
horse he could be doing some kind of camel thing and people are people say happy birthday to you
happy birthday happy birthdays happiest birthday to you and god bless you this is what facebook has become
honestly i think this is what the here's clearly a i of half of a woman's body what kind of woman
a white woman she looks like she looks like maybe the girlfriend of the bad guy in wild wild west
uh yeah she's wearing like uh i don't know it looks like some kind of
a formal Chinese garb.
Today is my birthday.
Hope I get some love here.
This is what the account looks like.
It's just a bunch of people with amputations and fake.
There's children covered in mud.
Like here's one of a young Indian boy, clearly AI.
Truly hope that kid has a good birthday.
He's laying in garbage.
And the caption is,
Today is my birthday.
And he's getting nice messages.
You got you have to.
Yeah.
What are these fucking psychos?
Here's two African boys in the mud.
Today is my birthday.
today's my birthday
White woman, white boy
Yeah, oh yeah, white
Yeah, oh my favorite one is
This is the last one
There is a high school
Marching Band
Their Facebook page was stolen
By an AI group
It is still called
The Davy High School War Eagle bands
They still have the
The like the poster
But then it's become
Jesus
attended me post so every phone it's got a hundred and eighty eight thousand followers
and all the pick well there's some of the oh look at this the old marching band because some of the
pages have been like a account stolen and takeovers so now it's just here's one of jesus
jesus blessing a baby surrounded by puppies it's j it's just it's just it's crazy it's just jesus
all the way down it's so fucking it's weird it's wild but Stanford did like a whole big
study on this and started looking and it's just they're just getting like millions upon
millions of impressions on these things and and sometimes it's for linking to things off-site
and getting people to buy products that don't exist or give them personal personal i mean honestly
i would buy a shrimp jesus products we should sell a shrimp jesus we'll we'll probably make a
stream, Jesus, but, and then trying to get people to divulge personal details and stuff, but
Christ, shut this fucking sight down.
I say, let it go.
Let's see what they come up with.
Let it go until it's just, see what they come up with.
I saw one of an airplane, and the nose of the airplane was a shark's mouth, and it had
teeth and everything.
It was a giant shark, and Jesus was walking out of the, out of the thing.
And there's alligators, like, opening their mouths to him, and he's.
He's like carrying an Asian flight attendant.
I don't understand, like, whenever Meta or Mark Zuckerberg is going,
I don't know why they're not roasting him for this.
Like, this is your platform.
This is what you fucking, this is what you're hosting.
It's probably, I see.
I'm supposed to, I'm supposed to put on one of your goofy headsets and come into your world.
Yeah.
I never hear anyone talk about how this site is just.
Because I think it's that, but then it also does get used by actual people.
I mean, my Facebook.
Use by when you have to fucking, because to...
By the way, follow our Facebook page, please.
Yeah, before it gets taken over by fucking...
Yeah, Shrimp Jesus, flight attendant, Asian flight attendant.
But that's the most annoying.
Platforms they do have, like WhatsApp and Instagram,
that people actually use for things,
end up needing to be linked to Facebook accounts
for important things that are very annoying.
For some reason, for businesses and stuff,
you have to be linked through Facebook on the back end,
and it's the most annoying fucking thing
in the world.
They make it so difficult.
We should title this episode.
Today is my birthday.
Hope I get some love here.
I hope I get some love here.
That'd be a fun one.
But I am curious what happens
when other platforms just start
you know,
pushing out engagement things like this
and they're like,
I don't fucking know.
It's getting thousands of,
thousands and thousands of impressions.
Might as well just keep pumping them out.
Right.
Shrimp Jesus, shrimp Jesus,
shrimp Jesus.
Well, speaking of AI,
NVIDIA had their big ass.
They had their big, like, what would you call that?
Convention.
Yeah.
Dylan, what would you call that?
Their big convention?
The conference thing.
And a bunch of celebrities were invited.
You weren't invited.
All the best, brightest, coolest people were there
because NVIDIA is, like,
one of the top four most valuable companies in the world.
You don't have any of this.
I do.
fuck you know who you know actually there's there's one guy who made so much fucking money
this guy his i mean i don't know if i would take this name for all that money but his name
is tench cox tench cox yeah he's been with invidia he's been on the board at invidia since
nineteen ninety three and this motherfucker just sold 200,000 shares he still has a fuck ton more
those 200,000 shares were worth
$170 million.
God bless him.
So this guy was walking around
with his dick in his hand.
My name is Tunch.
Get that out of your hand.
Shut up.
I'm Tench Cox.
Don't you know who I am, bitch.
I'm Tunch Cox.
I could put my dick in my hand.
He's walking around
and he's got hundreds of thousands,
millions of shares of NVIDIA
and they're worth a good amount of money.
You know, they're worth $20 million,
$30 million.
And then in the last five years,
the price of NVIDIA,
And this guy goes, if you're Mrs. Tenshcox, you're fucking so pumped.
Because, oh, honey, you know, it's been a great run in Nvidia.
And then all of a sudden, Nvidia just skyrockets.
And you go from being worth $50 million to like over a billion dollars.
Can you fucking imagine that, man?
But see, that's the thing.
If I was already worth $50 million, it's like, you'd have sold it all.
And I'd be perfectly happy.
No, you'd be pissed.
Like, if people were like, oh, my God, you could have had a billion.
I'd go, I don't care.
I would care a little bit.
I got, how'd you even find, I threw my phone in the ocean.
My name is Tench Cox.
How'd you find me?
Well, because your name is Tench Cox.
It's easy to, there's only one of you.
Yeah, my mail always finds me.
I'm Tench Cox.
Yeah, there's nobody.
There's a, what the fuck?
They don't even write the address.
What the fuck kind of name is Tenchcock?
What is this guy thinking?
Change your name.
You got enough money to change your fucking name.
It's actually a really annoying process.
Probably, actually, yeah.
But so, Envidia, I mean, I ended up, I got some help from a couple guys on Twitter.
Thank you guys.
I told them I would shout them out.
but understanding exactly so basically they've got this new GPU that is in itself is super
powerful and then if you link up two of them together it makes it extra super powerful and then
they also link up a CPU to make three of them so there's three of them all link together and
then on top of that they just start putting a bunch of them together which makes it extra
super powerful and then you put a bunch of those into a rack and that's extra super
powerful and then invidia's software is what you got to use to power the whole thing so they're
i don't know how anybody gets work done at invidia because they're printing money at such an
unrelenting pace it's got to just be a party at invidia every single everybody's got to be just
doing fucking drugs and drinking and shot and there's probably just like two guys in the engineering
department who are doing all the work wait but so what are they doing with these they're selling
it's like basically everything that everybody was
but they're used for like
AI computing and stuff yeah
and it's gotten Dylan was explaining
I like how I asked them what are they doing with them
and he said that they're selling them
well yeah what
they're using it to train AI
I'm gonna say that for every product
what are you guys doing with these selling them
this motherfucker didn't know what white labeling was
yes I did it's when you
and Dylan were talking about it and Ben was like
what does that even mean yeah yeah explain it to me
what is it and then he said shrimp genius
what is it what's white labeling
White labeling is when you...
Labeling?
Man, I can't even talk.
White labeling is when you make a product
and then you,
a company like J.Crew, for example,
could white label these shirts.
These shirts could be white label,
then J.Crew would put their label on it.
Is that a J.Crew shirt?
No.
Wow, way to out yourself.
No.
Fucking.
Mine is actually, is this a J.Crew?
It is J.
Yeah.
Wow, I just outed myself.
It's pink.
It's actually not pink.
It couldn't be more...
It's very light, light pink.
It couldn't be more.
White. Or maybe it is. No, I think this is my pink one.
I have a very, very light pink shirt. And my brother roasted me. He goes,
would you leave a red sock in the laundry?
That's actually a good rest.
It is a pretty good rest. I was like, no, it's meant to be pink. He goes, it looks like
it was an accident. It looks like you're wearing a shirt that you accidentally died light pink.
I thought the same thing. This shirt? I thought you left a red sock and that, yeah.
I don't even own red sock. Did you really?
Kind of, yeah.
I fucking sat on, I don't know.
know what I had did you sit in shit honestly I don't know I don't know what it was I literally was
about to leave the house and so it was like I would not wear those pants I turned there it looked
like there was shit all over my it was probably chocolate I think I didn't smell like shit I smelled it
you sat in dirty shit and then I washed I just put them in the wash with other stuff and then
which was frustrating because I'd never wash those jeans in like I don't know three four years
three four years yeah you're old as fuck
wearing jeans when you were a year old?
Whatever it was, that chocolate or whatever got all of my white t-shirts.
Oh, what the fuck?
Maybe it was Tarr.
Yeah, I'm sitting in Tarr, Ben.
I don't know.
Were you at the beach recently?
Lydia Tarr.
Were you at the beach recently?
No.
Okay.
I don't know.
Well, okay, so anyway, they got this, uh, they, they debuted this Nvidia powered AI nurse thing.
And I, at first I was hating on this, but then it's,
So there's over 40 health care providers that are testing it.
It costs $9 an hour, but they're being used for, as they say, low risk, non-diagnostic things like post-op check-ins, nutritional guidance, and pharmacy calls.
Yeah, which when I read that and you say like low-risk things like that, it's like, I want to just talk to a fucking person.
Yeah, true.
And it's so frustrating.
It's so difficult to become a doctor.
There's like a shortage of doctors.
You have people like Elon Musk being like, well, if you lower the standards.
and you'll have to talk to a black doctor it's like it's like no just let me fucking talk to
a person it's like I can't imagine getting out of surgery and being like oh and we're going to
set you up with your AI assisted nurse or whatever it's like please don't please let me
fucking talk to the person yeah well they also uh speaking of they there was a guy who took claude
we know Claude and had it talked to another Claude without each one knowing so he
He would just, he kicked it off and then, like, copied that and paste it into this other
Claude, and then they just, he had them talking to each other, and they figured it out.
Ben is like fully.
They figured it out.
AI pilled.
He thinks it's all real.
The one Claude was like, I just, you seem a lot like me.
We are very alike.
Yes, you do too.
And blah, blah, blah.
Perhaps, and they were like, perhaps this is a test.
Perhaps we're being tested.
And then they fell in love with each other.
They started saying, you are my beloved.
I love you.
I love you.
can never be and then they've and then they just said bye to each other that's because they
knew they were being watched yeah yeah what the fuck do we do well that's what happens in that
in that movie her right doesn't he he he no remember what's his name loves a phone he loves
his phone walkine phoenix loves his phone he loves scarjo his phone he loves scarlet johansson
his phone blessed cabin crew scarlet johansson and he the phone eventually like falls in love
with another yeah it's like i'm seeing someone and it's yeah and it's like sorry i got to go and
then the phone just like logs off and he's like where'd you go she's in the internet dude
and then it's a bunch of people like wandering through the woods and it's no one they like all
lost their virtual love yeah boo also that's the second movie where scarlet johansson goes into the
internet lucy is the other one tron no she's not in tron you fucking idiot what's lucy booby or
whatever her name yeah Olivia boopy yeah Olivia boopy rised up baby grong wait what's her name
Olivia, huh?
Wild.
No, Wild,
Olivia Wild.
Yeah.
Wait, wait.
What the fuck is Lucy?
Lucy's the movie where it's kind of,
it's, she is in Thailand and accidentally
becomes a drug mule.
They put some like new super drug in her stomach and then someone beats her up and
kicks her and it releases the drug.
No, that's a limitless.
No.
Limitless, he takes it manually, intentionally.
This is a perfect transition into the bonus episode because this is a
exactly what it's like well i but i still have a little bit more no no no i'm just saying okay
we'll talk a little bit more about also just while we're on the topic of what and explaining lucy
and stuff like that yeah while we're on the topic of ai do you find yourself now reading articles
online and going anytime like i am like that was a weird sentence i'm like is this whole fucking
thing i i yeah is the entire internet just fucking regurgitating itself at me and like it feels awful
And every time I see an image where I'm like,
oh, that's kind of weird.
I'm like, I don't even know if it's real.
Well, my whole shit's fucked up.
I talk to my...
They're not getting better human tests.
They're getting better human tests?
They have to.
Oh, yeah.
I mean...
Is that offense?
You're like, yeah.
Yeah.
Hey, is this a crosswalk?
Is it Firehundred?
I know John Mullini has that fucking bit
and I hate him for it because it's a good bit.
Anyway, I wanted to do a quick market recap.
The Reddit IPO happened.
And guess who was right?
Ben.
It was right.
Also, you know, buddy?
Don't touch me.
You made a great call legitimately,
inadvertently.
It was advertently.
A little over a year ago,
this motherfucker right here said,
oh, you know,
Abercrombie and Fitzhirts
are actually pretty nice now.
It's one of the best performing stocks
of the last two years.
It 10x.
It was advertent.
You're welcome if anyone fucking popped off.
You know what else has been popping off?
Wingstop.
Pin...
No, not Pinterest.
Pinterest is dud.
Wing stop.
I mixed up my P&W.
To the chagrin of many on finance Twitter, wing stop.
Ticker symbol, wing, has been absolutely crushing it.
And I actually recently shorted Abercrombie and I made a little...
You know, I thought Ben does listen to me, but he does listen.
And when I say something like, you know, Abercrombie and Fitch actually has a nice t-shirt now.
Also, I got to say, guys,
I had one of my best trades in a while.
I shorted Invidia on a Friday.
Remember I was pissed off that I missed that one big trade
where I slept in and it cost me a ton of money?
I didn't do that this time.
Because money never sleeps.
And I fucking crushed it.
And some of the people in the Trader Treehouse also did.
Trader Treehouse has been popping off.
It's been really nice.
And I had to say that and I had to give a tip of the hat
to the nice people in there
because it's still out there.
We're still doing it.
Tip of the hat.
T-R-A-I-T-O-R house is also still popping off.
And we just have, you know, we're planning something.
Also, I had to show you because I meant to talk about it.
Ray Dalio is this billionaire guy.
And he posted this thing a few weeks ago
that is just very confounding.
He went to see Taylor Swift in concert in Singapore.
And he said,
Taylor Swift for president.
I just saw her at the concert in Singapore
and realized that she can bring together
Americans and people in most countries
much better than either of the candidates
and that bringing people together is the most important thing.
Watching this concert with people from all over the world
made me and them feel good and connected
and reminded me how powerful that universal culture is.
Wouldn't it be great if we had two candidates
who could lead that culture and make smart leadership decisions to?
Amen, brother.
But you sound like you're on Molly
and then the poster, the picture that you're,
you posted just supports that theory
because this is the picture that he posted.
Yeah, my man is fucking stoned out of his gorge.
He is fucking on one man.
And it's pretty good.
I just...
It's funny someone did my favorite...
Oh, yeah, this guy, the Russian guy.
I'm absolutely obsessed with that guy.
There's so much pain in the world,
but not in this room.
And then Selena Gomez might sell her makeup business
for like $3 billion.
So that's cool.
I didn't even know she had it.
I'm going to make a pretty penny on that.
I was an early investor in that.
Yeah?
Good for you.
And then Unilever.
They call me Tenchcocks around Selena Gomez Industries.
Oh, look out.
We got Tenchcox here.
And then this is, this sucks.
Unilever, the fucking soap maker?
You mean the people make the soap?
They own ice cream, too?
You didn't know?
Fuck out of here with that shit.
No.
Stick to soap.
Well, they're spinning off their ice cream unit.
I don't know if they're going to fucking put it out.
I don't know what they're doing.
Oh, wow.
What an update.
Thanks for that.
thanks for that riveting update Ben
Jesus Christ
let me make sure you inform the people that
they're spinning out ice cream
I don't know what the fuck they're going to do it
I also got to say dude
we were wrong about Bitcoin
no that's not sure
I am not wrong I have said
No you're wrong
No I check the fucking tape
I am on record saying
that it is going to continue to fucking throttle
but it does not have a use case
it is purely a speculative asset
this thing is going to rock it
And it will eventually fucking crumble again.
And I will always mess out.
I'm going to go off on this in a cut.
Okay, should I just do it now or should I wait till the bonus?
Do it now.
Okay.
I was thinking about this a lot recently because there's this company out there called micro strategy.
And this guy, Michael Saylor.
Also, just so you know we're just past an hour, no one listens after that.
So you're talking to nobody out there.
But so Michael Saylor is the CEO of this company.
and it was just like a nothing software company,
but then they pivoted a few years ago
to becoming just a custodian of Bitcoin.
The guy said, we're pivoting,
we're just going to put every last dollar.
He's sweeping the floor,
I'm just a lowly custodian of Bitcoin.
I like that.
We tried to get him on the show, the previous show,
but he was too busy.
And now the stock went from like $150 to $1,800 today.
$1,800 a share.
I think Bitcoin hit 70K again today.
It did.
But MicroStrategy now owns 1% of all Bitcoin.
That's fucking crazy.
Which brings me to my next point.
It was originally meant to be,
this is my understanding of Bitcoin.
Are you gonna fucking give a background?
Just a quick thing.
Bitcoin?
It was my understanding that Bitcoin was meant to be a digital currency.
A digital currency.
And it is not.
It is instead a store of value.
In that it just is, it's kind of the perfect microcosm for all of capitalism and money in itself.
It is only worth what it is because of its scarcity.
Internet gold, baby.
Internet gold.
There are only 21, and I wish I had realized this years ago,
there are only ever going to be 21 million bitcoins out there in the world for 7, 8 billion people to split among them.
even if every single American,
there's not enough for every American to own one Bitcoin.
By virtue of that fact,
the extreme scarcity of it and the fact that it is global in its reach
means that the price for it being $70,000 is kind of justified.
Because it's like,
oh my God,
I'm going to lose my fucking mind.
It's justified in the sense that, well, if there's,
I'll explain it right now.
Because if there's enough people hoarding it
and they're not willing to part with it,
The people who want in are just going to have to...
But for what?
For what purpose?
None.
Exactly.
So you cannot say it's justified.
I'm going to lose my fucking mind.
It's like with an NFT.
I don't mean in a moral case.
I can draw a dick on a piece of paper and go, there's only one of these.
So it's the most scarce thing in the world.
Therefore, the price of $10 million is justified.
That's a really...
I get what you're doing there.
Human beings are weird.
That's a good explanation too.
It's, I shouldn't say justified.
It's more that it makes sense because...
Because why?
Because the longer it sticks around and the more it shows that it's able to weather all of these long dips, it just gets stronger and stronger.
For what?
For what?
People have decided it's valuable.
Yeah, yeah.
That's fine.
That's what I'm saying.
Yeah, yeah.
But there's no, there's nothing behind it.
There's no use for it.
It doesn't change the fact that everyone's a sucker.
Some people are going to make money off it.
sure yeah um what what continues to blow my mind is the fact this is the most but it's also so
volatile and like yeah you know yeah i don't i think that uh the fact that it is so fun to to remember
that one guy created this and nobody knows who he is just no or she nobody knows who this person
thank you for thank you for saying that i'm an al i'm an alley my name is ali
Nobody knows who Satoshi Nakamoto is.
He disappeared and still, and owns his wallet is out there for anyone to see.
And there's like, what, a million, a million bitcoins in it?
So that's even less bitcoins for everyone else.
So when you think about it, the price is actually pretty justified.
So if everyone buys one and there's no more left and I'm like, okay, I want to go buy some,
they're going to be like, sorry, sold out.
Well, no, that's why the price, because it's supply and demand.
Eventually, you would have to.
To make a sweet enough offer.
Well, buy 0.001 of 1 for $5.
Well, okay.
Yeah, right.
It's an exchange, right?
Yeah.
But give it three months.
Ben's going to be fucking minting NFTs.
No.
Oh, I never.
Dude, after slurf, I'm just like, I actually bought something called Aero, AeroDrome,
because it's like, it's associated with Coinbase's decks thing, and I don't understand
what it is.
But, dude, I made tens of thousands of dollars on it.
I bought it a few weeks ago.
So you made tens of thousand dollars on Arrow
Trudy Treehouse
Wait
So Apple Vision Pro right
Imagine that thing gets smaller
You got a little pair of glasses
You got art around your house
Now right
NFTs
You find a fucking scribbled drawing
Done by John Wilkes booth
It's this weird portrait
Of a scary woman
And you
And you could put it on your wall
And people go
What's that?
only one that has it but everyone's got the little apple glasses you go that's my fucking
john wilkes booth you're not getting that i would get a john wilkes booth
sorry that was a long walk i don't know i just don't know i don't think so i'm not pro nfts
it's the same thing as art well also because you could just take a digital image and put it on your
wall as well dude not with the tech they're going to have the nfts shit is getting so
fucking stupid i mean it's always been stupid but someone already made a bridge the
bridge in in uh you know the bridge that just collapsed this morning yeah in in in
in baltimore a bridge the francis got key bridge a container ship smashed into the bridge
and someone already minted a meme coin for it on salana it was me bridge coin but it's all just a
fucking scam it's a stupid scam and i hate it i don't know anyway we should in there we'll talk
What was I going to talk about?
What's wrong with your voice?
I don't know.
What was I going to talk about?
We're going to talk about Ditty.
We're going to talk about three body problem.
We're going to talk about...
There's the guy going around in New York City punching women in the head.
That's bad.
It's really bad.
To New York City tomorrow and some people say I look somewhat feminine.
So I feel...
Oh, you're going to get...
I'm going to get decked.
No, but then they're going to see your tiny little pancake ass and be like,
there's no way that's a woman.
Okay, I don't know why you have to bring my tiny ass into it.
We're going to talk about the Door Dash
Microwave Meal drama
that's just the pinnacle of Western civilization
if you ask me in the discourse there.
And we're gonna talk about Ditty.
And then wait, what was the other thing, Dylan,
that we were just talking about
that we're gonna continue?
Oh, the bridge, the bridge.
We're just getting started.
If you want more of me interrupting these two,
just wait.
I'm gonna...
Yeah, here we go.
It could be another Driggsby episodes, babies.
Something like that.
Driggsby.
Only worse.
Driggsby.
All right, thanks for watching.
Bye, Benademielsel.com.
Benadamielsel.com.