The Iced Coffee Hour - The Dark Side Of Dogecoin: Losing $1 Million Dollars In One Hour
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Welcome back to the 53rd ever iced coffee hour.
I'm your boy Protadogh, and we have made so far $62,761.
Oh my God.
I have to say, that's the best we've ever seen.
You're getting really comfortable.
I'm starting to get better at this, right?
You're the first person, by the way, we've ever had on the podcast back to back.
This has never happened.
Really? That's crazy.
And for good reason, this last podcast beat our analytics.
like times two of our last best performing.
The funny thing is, okay, so the last one we did, right?
You know how I did the intro?
Yeah.
I was totally joking when I did that.
And then you guys were like, we'll keep it.
We'll keep it.
I was like, oh, I guess we're keeping that one.
Like, I wasn't even, yeah.
Yeah.
I was joking about both of these episodes.
Both of them were last minute.
So we had no idea we were going to film last week's episode until maybe like five
minutes before.
Yeah.
We're like, should we do it?
Okay, we may as well do it.
Yeah.
And this episode, too, it was a last minute thing.
It's like we just happened to be in.
town today. You're here. We may as well just go on an episode because some crazy stuff happened.
S&L happened. Yes. The price dropped 40% very quickly. I fluctuated a million dollars within that
hour. You lost a million dollars in an hour. But first, I want to thank our sponsor,
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Yeah.
It was up in the very beginning.
It was that I remember it shot up right before they started talking about it to maybe 2.7 million, 2.8 million I was sitting at.
And within maybe 20, 30 minutes and drop down to 1.8 million, like, nothing.
Wow.
What was that like?
It was a little, you know, it was a little nerve-wrecking.
It was a little, I had my phone up just looking at it and I was like, I'm going to show everybody this.
Like, everybody's going to see this.
And I don't know what they're going to say, they're going to call me an idiot, they're going to call me crazy, they're going to say whatever they want.
But this is the reality of it.
I can't just show the gains, you know, I gotta show the losses too.
And in hindsight, looking back on it, is that something you would have expected to happen when they did SNL with DogeQu?
It's funny because I actually did a video on my YouTube channel.
the Doge Coin Millionaire.
And in that video, right before Elon went on,
I said, I just have a feeling it's going to dip.
I have a feeling it's going to dip.
It happened on Doge Day.
There was all this buildup to Doge Day 420.
I don't know if you guys remember that.
But days before, it shot up, went up, up, up, up.
Doge Day happens, crashes down.
And it's like, okay, now we've got to build it back up.
And then Elon Musk on S&O is another one of those things that happened
where it was like everybody's looking forward to it.
So leading up to it's going up, up, up, and then crashes down.
You know what I mean?
So it was kind of predictable in the last.
away. What do you think of the actual episode itself? Did you think it did justice for Dogecoin?
Um, were the jokes funny? I think it did what it had to do. And the reason why I say that is
because it brought awareness to Dogecoin. So there are probably people out there that were watching
Saturday Night Live that didn't know what Dogecoin was up until that point. And so if you put it in
more people's faces, if you just say, hey, Dogecoin, Dogecoin, like, that can only be a positive
in my opinion.
Yeah.
I didn't like the episode at all.
I watched it.
I was out of dinner.
You're not a single skit?
Uh, no.
Really?
I didn't get, I didn't get the jokes.
I was sitting there at dinner with Kevin,
and we had S&L on,
and then we had the price of Dogecoin.
I know, I saw that.
I saw that.
And we were just watching the episode here,
watching the price of Dogecoin.
Goes to commercial break.
The price immediately drops.
Yeah.
Elon Musk comes back down,
you see the price is starting to go back up.
It was wild to watch that.
And then after every single,
skit sell-off. Every skit that starts, you know where the first sell-off was? The first sell-off was when
Elon's mom showed up and then she was like, Mother's Day's coming up, right? She was like,
hope you don't pay me in Dogecoin. And then Elon's like, I am. You know what I mean? She didn't
want it. Yeah, exactly. That's what it was. So it was like, oh, wait, huh? I don't, you know what
I mean? Like, it was the whole thing. Yeah, no, I didn't think it was that good. And I'm not sure
what people were expecting if they honestly thought that Elon Musk could be like, well, you know,
starting today, we're going to be accepting Dogecoin dispayment.
for the car.
You want to know something funny?
I thought that could have been one of the skits
where Elon's like selling Tesla for Dogecoin
and you know what happened last night, right?
Yeah, I saw his tweet.
You want to explain it?
I could talk about it, yeah, sure.
Yeah, you posted a video at, like, 4 a.m.
Bro, I posted a video at like 2.15 a.m.
Because the news came out, I want to say, around 1.13 a.m.,
1.15 a.m.
As soon as it happened, I was laying in bed.
I was like, I could either go to sleep right now
or I can do a YouTube video.
And I was like, I got to do a YouTube video.
YouTube video. So I literally got up, threw my clothes on, sat on the couch, like, it's funny
because usually my videos are super high energy animated. But this one, I was just like half asleep.
I was like, guys, Tesla, Dogecoin, you can maybe get it. I don't know. You know what I'm doing
that. And then like there's the post and I'm telling people, go over there, like, hit yes, hit yes,
you know if you want to use Dogecoin for Teslas. So that video, you guys want to know what
that video is at right now? And I posted it 2 a. I'm guessing, I'm guessing 70,000 views.
What do you think?
50,000.
All right, real time analytics on that video, it's at 80,000.
Oh my gosh.
And I posted this at 2 a.m.
And this is like my sixth video on my channel.
Dude, your real time views are crazy.
Yeah, you record this?
Wow.
Wow, yes, please.
Start recording.
Yeah, so I was going to show you this anyway.
So real time views, check it out.
Here, I'll let you do it because I don't even know how to use this.
That is insane.
Let's look at this.
Whoops.
Wow.
So in the last, really in the last week, you got 600,000.
views, 35,000 subscribers. You just got monetized, right? Yeah. Okay, so you got to wait for that
I haven't even signed up for AdSense yet, bro.
You gotta do that.
I know, I just haven't had the time.
I've been running around like every day.
Because I'll tell you, man, if you're getting 600,000 views,
that would be the equivalent on Dogecoin to you making, I don't know, maybe $10,000.
Really?
Yeah, really.
Wow.
Well, it depends because the video is, the length of the videos and the amount of the videos.
Yeah, but it's 40K, so it's four.
So, okay.
So, oh, let's talk about this.
Grant.
Where was I at when I was at the last podcast?
I think it was at 8,000?
at 8.5 million. Yeah. I'm at 40,000 subscribers today. You know what's nuts is that I've seen a lot
of YouTube channels that are popping up now. Remember how a year ago there were all these
channels making stimulus updates and posting by the hour. I mean, Kevin was one. There's so much
happening that like every few hours, here's an update. This is what Nancy Pelosi just said.
Here's what Stephen Mnuchin just said. Now there are channels popping up that are just giving
nonstop. You're speaking on the wrong side.
flip that thing. Jack, why didn't you say anything earlier?
It was, it was facing the right side. You flipped it around. Oh. Because when you did your thing,
you moved the mic and then brought it back. But I had it facing the right way in the beginning.
So for the last seven minutes, I've been talking to all that. It's all good, though. I'm sure we can still hear it.
Anyway, there are now YouTube channels out there making hourly updates on Dogecoin.
Really? Yes. Mike Davis. They're blowing up. They're blowing up. You're joking. It's unsustainable.
There's no way. Because right now, here's a thing. The algorithm works in very mysterious way.
it sees that if there's a lot of short-term interest in something,
it's going to start pumping that content to everybody.
It's unsustainable.
But in the short term, what people realize is that if they catch on in these waves very early on,
and all of a sudden they start pumping out Dogecoin content,
it's going to keep recommending their page over and over and over again.
Mike Davis is an example of a newer channel where up until a week ago,
you know, getting maybe like a few hundred views of video.
All of a sudden last week, his views exploded from,
I think it was a few hundred views to then 20, 30, 40,000
views per video to 100,000 views of video.
That's great.
That's great.
A brand new channel.
100,000 views of video.
This is my thing.
I want to make quality content and I want it to have substance and to have meaning behind every single video I do.
I don't want to just do a video just for the sake of doing a video if it's not important.
Some people have told me I should start doing daily updates of my portfolio.
Like where I'm at today, you know what I mean?
Up of 100,000, down 100,000 or whatever the case may be.
but I'm like, I feel like if I just keep flooding my channel with just updates on my portfolio
or anything that pops up, then it's just going to lose a little bit of that like substance.
So should I just start another channel?
No.
No, just don't share updates on Instagram.
If you want people to see what your portfolio is at every day, post a screenshot to Instagram.
Okay.
And I'm just stick to the like concentrated substance videos.
Yeah, but my point is that like the channel Mike Davis is not the only one.
I've seen at least three or four other channels out there that are making like hourly updates of the price of Dogecoin from eight o'clock in the morning to 12 p.m. at night.
Guys, here's what so-and-so just said about Dogecoin.
Or they're even going into crazy theories about Dogecoin, about the meaning of certain things.
Mike Davis, I listen to one of these things.
It is, it is.
I hate those theories.
I listen.
It's just junk.
Here's a thing.
He made like an eight-minute video saying, just analyzing, breaking down the history.
hidden message in SNL about Dogecoin. There was a, like, a date that popped up was like June
13th or something like this. And he's like, if we take this date and we apply it to this thing
over here, it means this. And then if we interpret this in this way, that means that Elon Musk is
secretly trying to tell us that on June 13th, one of these years, it might be this year,
could be next year, could be 10 years, one of these days, something massive is going to happen.
And all, it also like goes back to Doge. Why June 13? Apparently that date randomly popped up in a middle
of some sort of episode within the SNL thing.
And they're trying to decode what that means.
I don't want to play too much.
You know what?
Let me show you.
I'll play this a little bit of this in two times speed
because it's so unbelievable.
I was listening to this thing in my head, like, is this real?
I almost don't believe it's real
because, like, who would actually believe this?
Elon's hidden message.
130,000 views in 24 hours.
So that's it.
What do you think of that?
What do you think of that theory?
Okay.
So I'm the type of person where I don't, one, I don't discredit anything just for the sake of discrediting it on surface value.
I also don't fully believe anything just from hearing it the first time, right?
I got to do my own research.
So when I first got into Dogecoin, there were some, there were some similar to that, some conspiracy theories about, oh, what is the biggest wallet, DH5?
Oh, is that Elon Musk?
Is he, like, owning a third of all the Dogecoin?
You know what I mean? Like, I even, you know, thought that's what it was too at the time. And I was like, there was all these messages encrypted, all this people saying this, that, and the third. And I'm like, okay, well, I mean, who knows? That could be possible. And then I was wrong, right? And then that wasn't the case. So these things you need to take with a grain of salt. Like, like, some of it is interesting. Like, the Doge spelling, D-O-G-E, like the first letter of every song on whatever playlist he put up there. That's interesting. You know what I mean? The June 3rd, June 23rd, or whatever, he was talking.
talking about like maybe it was completely random maybe there is something but this is the thing as
far as a Saturday Night Live thing to me there's way more going on there than Elon Musk that's
not Elon Musk's show you know what I'm saying so like he's not gonna create the show around
his whatever his uh I don't know purpose for Dogecoin is that's not gonna happen like he's just
a guest on a show that's already been put together and then skits were put together and he's saying
what he needs to say. So as far
as that specifically, I don't
really believe it.
But, you know, who
knows? Like, maybe he's on to something.
But I just don't think the Saturday Night Live thing
really, I don't think Elon Musk had that much power.
I'll put it that way. At Saturday Night Live
to make the scenes surround what he
has, his agenda or whatever, you know what I mean?
Do you think he's got some, like, hidden agenda
behind it all, like some cryptic messages
that he's trying to tell us?
But he's trying to do it in a secret way.
Do you believe that?
I feel like Elon Musk believes more in Dogecoin than he puts on.
I'll put it that way.
Because there have been way too many times where he went out on a limb for Dogecoin,
which makes no sense for somebody to just be trolling that hard.
You know what I mean?
Like he's not a troll.
Like a lot of people, you know, they see Dogecoin.
Because think about it like this.
You got the richest man in the world behind a very powerful car company.
And he's over here talking about Joe.
meme coins, right? Where does the credibility go? When there's other investors wanting to go into
Tesla investing or whatever the case may be, it just goes out the window. So he has to play coy.
Like, Elon Musk has to pretend like everything's one great big joke that he's doing and you shouldn't
take him serious. You know what I mean? But then he'll throw in little tidbits, little like truths in there.
For example, the fate loves irony quote saying that the most entertaining outcome is usually the most
likely. Why wouldn't he just leave it at, uh, I just love memes? Why would he add fate
loves irony? Why would he add all these extra little, you know, things here and there? I don't know.
What do you guys think? Jack? I've been telling Jack this off for a while. Jack, Jack,
you're still holding, right? I pay for hands. What? I was about the pound you. Wait, did you
actually? You're joking. No, I part of me, he's completely joking. He's joking. No, I believe Jack.
This is one of the few times. This is one of the few times.
I actually, I'm going to believe you.
I'm going to go to, and if you're joking with me, then you got me.
I take their hands.
You did.
Yeah.
I can tell what Jack is being serious.
Let me.
I can tell.
Because I'm ashamed.
Because I'm ashamed.
You should be ashamed.
I know.
That's why.
Tell me what happened.
Okay.
So.
Explain this.
How did this happen?
Right.
So obviously.
I'm bewildered.
I know.
But, hey, the story is not over yet.
Okay.
The story is not over.
I know.
I know.
As you should be.
You guys were really good friends, too.
I thought we were homies.
were? I thought we were BFH.
You're paper-handed like a little paper-handed fancy.
No, but it's not like that.
What do you want me to say to that?
It's not like that.
I put more Doge coin in the market for you to buy.
That's what I did.
You should be thanking me.
You bought the dip. I did by the way.
You talked about the dip that I bought, by the way.
I bought another 30,000 coins a few nights ago, but we'll talk about that after this.
Right.
So basically, I paper hands.
What happened?
I know. I'm in awe.
I know.
You should be.
Walk us through this.
What happened?
Right.
So he was pumping up.
And then it was around 73 cents.
And this was the day of, you know, the incident with Elon Musk.
So obviously, I kind of knew it's going to crash after S&L.
I knew it was going to happen.
Obviously, you don't know, but I kind of had an idea it was going to happen.
So I sold half, okay?
And I sold, don't give me that look.
Don't give me that look.
I sold it.
Uh, 73 cents.
What?
I'm proud.
I'm happy.
Of course, Graham's Pratt.
I'm at me.
What are I saying that?
the last episode. I'm like, I would sell it in the low 70 cents. I, because I didn't see it
getting much going to be like seven. I said when it hit 70, anything about 70, sell it. What about
the other half? The other half, I messed up. And I sold basically at the lowest point possible.
40 cents, you got worried. No, it wasn't 40 cents. It was 50. But like, essentially what happened
was I was trying to sell and on Robin Hood, it wasn't allowing me to sell and it kept canceling me
out. And I lost like a thousand bucks in a matter of like, I don't even know how long, like five minutes,
10, 15 minutes because I kept trying to sell, but it wasn't allowing me to do so.
When was that?
This was during S&L.
Like, this was...
Oh, so after the big whale sold off.
Yeah.
Robin Hood didn't allow you to sell.
Like, the servers were crashing and watching.
And I'll talk about that right afterwards.
Right.
So I had to hold on to that, and then I ended up selling, you know, and I lost like a thousand
bucks.
But in total, I turned my initial, I know, good.
I deserve it, right?
Oh, you do.
I turned that $100 into, it was like $13.5,000 or something like that.
Isn't Jack the same guy that said he was going to hold if it dropped down in five cents?
I didn't remember this.
I would have sold.
I'm happy that you sold at 70-something cents.
I would have sold a lot.
But here's the thing.
Here's the thing.
I'm not done.
Okay, let's go.
I'm buying more, okay?
I'm opening up an account on Binance and I'm buying more.
Let's go.
As soon as the dip happens, I'm buying the dip.
What was the point of you selling?
To make money.
Because I turned $100 into $13,000.
Yeah, because then you're going to pay.
tax on that. So right off the bat, 20%'s gone. We know short term. You're paying short term capital
gains on that, right? Right. Well, we don't have to go into the logistics. Yeah, we do, because that,
you're looking at 37%. I look. No, no, no, no, you're not 30%. You know, at 30%.
As short term, yeah, short term, 30%. That's fine. I'm okay with that. As you have probably
recognized, Dogecoin is very cyclical. Like, it's low and then it goes high and then it goes high,
and then it goes low, but the low is a little higher. You can't time the market, Jack. That's the worst
mistake you can possibly make. And that works both in the crypto world and the stock world.
You can't try to time it. I did time it. I sold half at the highest possible point.
I know. And then you sold the other half at the lowest possible point. Okay.
Yeah. Yeah. That's okay. I would have sold the entire thing. Either you're all in,
you're all out. Yeah. You're all in or you're all out. Because here's that I wouldn't have sold
the second bottle. Like it's one thing to say, okay, I sold half at 70. And then you hold the rest.
And you hold the rest. That I would actually understand. Jack. I'm actually more against
you selling the other half. I wanted to see what would happen during SS.
Maybe it shut up to a dollar and I would like to exit my other half at a dollar. That was my plan. And it didn't do that. So I exited and I was like, I need to get out because it was crashing. So I panic sold. Okay. You panic sold. You panic sold. You panic sold. You panic sold you. You can not call me a paper hand after I held on for dear life.
Jack held on 10 months. I told Jack to sell 27 cents. He told me to sell so many times. 35 cents told you this. He sold 40. All the time. He told me sell. And guess what I did?
What? Diamond hands. Okay. So what do you buy the?
the one you buy on the dip. Oh, I'm opening
up an account like right now.
So you're buying today. I'm not buying today,
but I'm getting ready. Like, I'm going to load the account
how much you're going to buy? I don't know.
I haven't made my mind up yet. It depends on the price action of
Dogecoin. Like, if it goes down a lot, then I'll buy in a lot.
This interview just got intense.
So I got two things today. One, let's talk about
Robin Hood really quick. Okay. So my understanding
with Robin Hood, with no proof whatsoever,
is that at the time where it dropped. So we had one big whale
who sold off. I don't know how many tens of millions.
of dollars, they just dumped at 74 cents. That dropped the price. That panicked a lot of people
to then say, this is it. Everyone wanted to sell at the same time. And what's unique with these
exchanges is that they each trade at like a slightly different price because like one exchange might
have more buyers than let's say another exchange who has more sellers. But what happens with Robin,
in my understanding, is that it creates its own ecosystem of like buyers and sellers. And when they
can't match all the sellers with buyers, when there aren't enough buyers,
out there kind of seizes the system. So what ended up happening, my theory here, is that everyone
wanted to sell at the same time. There weren't enough buyers of Doge coin to match with the sellers
and that caused the price to temporarily halt until they were able to reach that equilibrium.
Because otherwise would happen, if everyone wanted to sell and there's like one person willing
to buy it like 10 cents, that would just crash the values to 10 cents, whatever someone's
willing to pay. And then it would create havoc in between exchanges because you'll have like
Weebel on one side trading for like 70 cents, but Robin Hood all of a sudden, every
selling there and it's 15 cents.
That's true.
So that's what I think happened with Robin Hood.
Can we also talk about my double-dutch theory?
What's that?
So you saw what Jack was saying, right?
Well, I wanted to make some money.
You know what I mean?
So he sold it and then now he wants to buy the dip
and sell it high and buy it low, sell it high.
All right, let's talk about the double-dush theory, okay?
I came up with this.
This is based on my own personal investing history, okay?
Back when I was buying Tesla, back in 2019,
I was early investor with all, not early-investor.
with all not early investor i was that was my earliest years of investing um i was buying in the
tesla and putting it was but it was funny because i think i was pretty much all in on tesla and i didn't
even realize that's what i was doing i was like i love tesla i'm buying tesa stock every little bit of
extra money i have for my paychecks tesla stock tesla stock so what did i do i mean maybe i had like
10 grand 20 grand something like that after a certain amount of time and what happens
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Let's say the price goes up, right?
And I check my phone and I'm like, oh, I'm up a thousand bucks or $2,000, right?
It takes me like, what, two weeks, three weeks to come up with this?
I could just sell right now and lock in my profit, right?
So what do I do?
I sell.
And then I have, oh, great, I got $1,000 or $2,000, right?
Then what happens?
Well, I want to buy back in.
So I try to buy back in, right?
And then the price drops and I lose $1,000.
So I'm over here, like, making a little bit, losing a lot.
Or making a lot and then losing a little bit.
Like, it was never like, it was never,
a sound strategy, right?
I was like, you're always going to lose because you don't know what's going to happen, right?
So my whole strategy became, and like I said, I always say this.
Shout out to Jeremy, man.
Shout out to Jeremy.
He told, he said this that resonated with me in one of his videos.
He said, when you go into a stock, you want to look at it like you're going to be in it anywhere
from two to five years.
You never want to jump into a stock to make a quick flip or anything like that because
you don't know what's going to happen, right?
So it took me buying and selling, like an earnings call would come up, right?
And I'm like, oh, Tesla probably killed it.
Yeah, you probably killed it.
So let me leave the money in.
And then they were short or whatever on production.
And it drops.
And I'm like, fuck, I lost it.
Oh, sorry, guys.
No, it's okay.
You're just creating extra work for Alex right now to edit that out.
But something like that would happen.
Or, for example, this really happened.
And it almost like, you flip a coin, right?
Either I'm all in or I take it all out, right?
You flip a coin and it could go either way.
every single time I was wrong.
Another time happened, I was like, okay, great.
Let me put all this money into Tesla.
And then earnings calls about to come up.
And I'm like, ah, there's so many reports about Tesla, like, falling short.
Let me just take the money out because what if it drops, then I'll just buy it lower, right?
Shoots up to 300.
I'm like, oh, my God.
The last thing that happened, and this is why I started diversifying my stocks was Cybertruck.
I'm like, cyber truck is going to be the future.
This is everybody's going to love it.
It's going to be a radical design.
We're going to like love this thing, right?
So all in on Tesla for the cyber truck right before.
Like the day before it was like 350, 360, right?
Cyber truck happens.
The glass shattering thing fiasco happens, right?
And it drops down to like 300 something.
And I'm like, oh my God.
I'm like, I just, all right, I'm done with this.
Let me just buy some Uber.
I'll buy some carnival cruise lines.
I'll buy, you know, some of this.
And I just started buying a little bit of everything.
And it took me going through that.
It was like my training wheels to understanding that if you try to jump in and jump
out and jump in and jump out. That's what people are doing now with crypto. I have a lot of friends
like the new coin, right? The new duki poo-poo coin, right? Shiva coin. Yeah, whatever the coin may be.
They're like, this is the next one. Jump on it. And then people lose money, make money. And it's all
this hop in, hop in, hop in, hop in, hop out, hop in, no, you pick something you believe in.
You do as much research as you possibly can. It has to make sense to you, and you have to truly
have faith in it. And then you buy it and you hold it for at least a year. That's what I tell
everybody. The problem with that theory, though, is that you end up eventually with a, with a
situation like Cisco where they saw a huge run-up during the dot-com boom, 2000, 2001, this thing
peaked. It has still not recovered. In over 20 years, it's still trading significantly lower
than the peak it was back in 2001. Okay, but was it, was it a good business? Was there
fundamental behind it? Was it quality? Yes. Yes. Yes, absolutely. They're one of the few businesses
overall during the dot-com boom
that is still around today.
They're still in business, they're still doing well.
It's just they were so overvalued in 2000.
When they first came out.
No, that was, I don't think they became publicly traded then.
It's just during the dot-com boom,
that was the point where everyone thought,
okay, you know what, anything internet-related
is going to be the future.
It turned out to be the truth.
Did it something happen like that with Amazon?
Amazon was the same thing.
It went all the way up and then went all the way down.
Amazon took, I believe it was like 12 years,
maybe 12 to 15 years,
just to get to the point it was back at the peak in 2001.
Sheesh.
Yeah.
That's crazy.
But you have to think how many people actually held on
because Amazon, I'm going to drop like 90%.
That's true.
Imagine losing 90% of your investment
and it does nothing for a decade.
And you're thinking, you know what, it was a good idea.
Let me keep buying more.
Of all the companies out there,
a small handful actually ended up doing well.
Very small.
A lot of those companies just,
went completely bankrupt, they went bust.
I believe that.
Here's what I think.
And I'll put it like this.
Tesla is another company that I wholeheartedly have so much faith in,
and I know it's going to change the world,
and I know it's going to be much bigger than what it is right now.
If I wasn't in crypto, I'd probably be, like, having a bunch of Tesla shares.
Because even if it goes down, because right now it's down, right?
Right now Tesla's down, right?
I would continue to hold.
And because it's something that I see a future where Tesla,
is basically running a game when it comes to automobiles
and everything else are doing.
SpaceX, you know, what's the other thing with the...
Starlink.
Starlink, all that other stuff, boring company.
I mean, that's not Tesla, though.
It's not, but it's all connected.
It's like, yeah, in a weird way.
Kind of, but you're not paying for that.
Like, if you buy a Tesla stock, you're not paying for Starlink.
Okay, if you buy Tesla stock, are you paying for SpaceX?
No.
Really?
Really.
I feel like if there's a big, like, groundbreaking thing that SpaceX does,
it's going to affect Tesla.
The hype does, but I'm not paying for that.
Yeah, but if you're buying Tesla at this price right now,
you're not actually paying into like how well Tesla's actually doing.
It's just hype that you're buying into if you buy right now.
Yeah, but at least it's based on the fundamentals of the Tesla car.
I don't think that Tesla price is based off of Tesla fundamentals right now.
Wait, wait, wait, wait, wait, wait, wait, the battery and the tech.
You're paying for that.
Let's talk about that.
But Tesla, do I believe Tesla is overvalued as a stock?
Possibly a little bit.
But I feel like there's so many things happening behind the scenes and like so many like leaps and bounds that it's done over the years that I feel like it's earned a lot of that.
Honestly.
You're not paying for SpaceX when you buy Tesla.
That's something you need to acknowledge because people think they're, I mean, no, they're not.
So if people think that they're connected, then aren't.
Does that play a role?
Yeah.
Does that play a role?
People think a lot of things.
People think the Earth is flat.
That doesn't make it.
any more true.
I mean, it's just that they're wrong.
Okay, but that's a different thing because that's...
Not at all. People are mistaken.
No, but certain things play into other certain things.
That's a drastic comparison.
Yeah, you can't make that comparison.
That's not fair.
I can't. I just did.
I just didn't make that comparison.
But you think that there's no actual value in Dogecoin, right?
But people do, and it drives up the price.
A lot of people made a lot of money.
Let's talk about Tesla for Dogecoin.
People make money in lottery tickets.
Let's talk about Tesla for Dogecoin.
What?
Do you think it's going to happen in one?
Tesla for Dogecoin?
Yes, I think Tesla will accept Dogecoin.
In the next six months, in the next year.
The next year.
Yeah, I would actually agree with that.
I would probably say that with 90% certainty.
Elon Musk would be stupid not to accept it.
Because here's the thing, whether or not they actually keep Doge coin, he could just
immediately accept it and sell it off and be dead.
That's what I would do.
That's true.
When the price fluctuates, it's 20%.
And here's the thing, too, as soon as Elon Musk is receiving Dogecoin, now I would imagine
there would become some scrutiny on him where if he's pumping the price,
price of Dogecoin.
No, but I feel like then it's going to have to be, he's going to have to be like more cautious
on his tweets and all that stuff when it comes to that.
But it's free marketing for Tesla.
Like I think for him, it's a no-brainer if he's able to do it, except Dogecoin.
Turn it's selling to me.
It doesn't matter.
But just the fact that you're like, ooh, this cool company goes and accept Dogecoin's
payment, I think that would be short-sighted of him not to.
Question, do you think that that would serve as a catalyst for the mass adoption and other
companies looking at it?
Damn, Tesla is accepting Dogecoin?
Maybe, hey guys, maybe we should, you know what I mean?
Do you think that's going to happen?
Yeah.
I think it heightens the chances of that happening.
And I think from there, it should, right now it's marketing.
I mean, no one's doing this because it's like, oh, we want to collect doge coin.
They're doing it because guess what?
They get exposure.
Yes.
People get it's kind of funny.
They get a joke.
But that ultimately adds value to doge coin.
But for how long?
And how much value could be added and for how long?
The more people have dogecoin, the more people want to spend.
I think eventually it's not going to be funny anymore.
And at that point.
It's a meme.
I know, but at some point...
It's a classic meme at that.
At some point...
You're riddle O.G. Mean.
At some point, things can only be funny for so long before.
At some point, they got to stand on their own.
And the question becomes...
It's fun.
It is.
It's fun now.
But listen, I like the movie Forrest Gump.
I really like that movie.
But if I watch that movie every single day for a year, I'm going to get bored of it.
It's not going to be fun anymore.
It's fun.
Like, here and there, you know, I enjoy it.
Okay.
But I think Dogecoin, in order to be actually...
taken as a serious currency,
you're really used,
it can't be the butt of the joke.
They're,
they're big doge coin,
like,
Chipotle,
but how cool would that be?
I honestly feel like
memes are the language
of our generation.
Memes are the language
of the millennials.
And I feel like if we choose
to pick doge coin
as the currency
that we want to use
and we put value in that
and we say this
doge coin right here
is worth a dollar
and I want to buy something with it
and I'm going to go to 7-11,
and somebody behind the counter at 7-11 is going to say,
I also believe that, and I'll take that as a dollar.
They're not going to be saying that 20 years from now.
Because it'll probably be about $10.
So it's okay, so a $10.
Dogecoin would be a market cap higher
than all the money invested in the entire market right now.
Facts, but by then.
So there would be more money.
Yeah, so, yes, if Jerome Powell...
If Jerome Powell prints three times the currency in exit,
like basically, if we have the national debt held in Dogecoin,
then maybe...
$10 Dogecoin as possible.
But I'm just saying, I feel like everything else,
it wouldn't be just Dogecoin by itself rising.
It would be Bitcoin would be at a million dollars
or Ethereum would be at $20,000.
I don't know.
Like, things could continue to rise,
and Dogecoin is just going to continue to go to.
Memes are something that are sick.
Like a meme comes up and it's funny.
Remember when the Bernie Sanders meme was funny?
That was hilarious.
Everyone was talking about it.
But it's not funny anymore.
But it was.
It was in the moment.
But it gave it a weaker to us.
Dogecoin represents memes.
Does that make sense?
Dogecoin is not.
We're not looking at it at face value and saying this is going to go out of style next week
because it represents all the memes.
It represents the Bernie Sanders' meme.
It represents meme culture and the meme language.
So I feel like us using Dogecoin as payment is paying homage to the memes that we love every single day.
I don't know.
I remember back when like AOL was a thing.
I remember when I was 12 years old going AOL.
And AOL was like the most genius thing.
Genius thing in the world you'd have your like AIM on the one side.
You'd have email.
Yeah.
You gotta finish.
You gotta finish.
You gotta finish.
You remember that, Jack?
No, Jack, you don't remember it, do you?
No.
Jack doesn't remember.
Back of my day, Jack,
we should have to put the little disk in there
and get 24 hours for free.
Remember, and your mom would pick up the phone,
you'd lose it, that, mom.
And you'd be like, Mom, I can't get online.
What the?
Foggia, my friends, but you literally get home from school,
you go on AIM, and you talk with your friends after school.
Do you remember the first web?
website you ever went to?
I do.
Oh, it's probably like Pokemon.com or something.
The first website I ever went to
W-WW.
binyabies.com.
And you know how long that took to load my guy?
You stare at the screen and it's like,
shoot, shoot, shoot.
Yeah, I hate, you'd come back.
Like, it wouldn't just pop up.
It would like roll it out.
Yeah, it started at the top of the page and the
PIP!
Yeah.
You had to wait like a minute to you to
for the whole page load.
I remember I used to go on.
on this website of like reef aquariums
and everyone is posting pictures
of their aquarium on there,
I would click the page
and then have to come back 20 minutes later
because the pictures would take so long to load.
Especially if it was like full color pictures
or like high quality,
like you would hate to go to those websites
because you'd be like, damn it,
like you know what I mean?
And it was the thing too.
Believe it now, I wanted to post my own pictures
in my tank on Reef Central
and what I had to do,
I had to get an actual camera,
print out the can, like get those actual pictures developed,
scan those pictures.
Jack is like, what world is this?
And get them on the computer.
Digital cameras were just, digital cameras were like $1,200.
They were just coming out.
So in order to get a picture on there, you had to scan it.
Yes.
That is crazy.
That's a world that we come from.
Right, right.
And there were no videos.
Napster was like just, they were just coming up.
You would just barely be able to download music.
But the point being is that back then, that was the thing.
AOL was untouchable.
Yeah.
How many people use AOL now?
That's true.
That's true.
That's true.
There are things that come up that are in the moment,
I mean, that I believe changed like instant messaging.
No, but if you look at it, that was what MySpace was, though, right?
Like AOL was revolutionary for what it was, right?
Then we had to work the kinks out and somebody else got it better.
Gmail killed it, right?
Yes, yeah.
Okay.
Same thing with MySpace.
MySpace rolled out.
Revolutionary.
Social media.
We can do this.
We can personalize our page.
You remember MySpace?
I'd never had one.
Do you remember, what was it,
Live Journal?
Yes, yes, yes.
But, like, MySpace, for example,
I'm 33.
Okay, so, yeah, 31.
Okay, okay, okay, okay.
So MySpace came out,
it was like the craziest thing in the world
that you could have your own personal page
and you could, like, put graphics on it,
and then when somebody goes to it,
they know you as a person, you know what I mean?
Well, they had so many bugs and so many issues
that they went, by the way,
side and guess who worked out the kinks and fixed it and made it something that could be structured
and actually works Facebook right so just because something comes out and is revolutionary
doesn't mean that you know what I mean like doesn't mean that it's supposed to last or it does last
usually most most times it'll come out it'll shake up the market or whatever and somebody else
will come in and like make it better and it'll be like the second or third time around we'll
like figure it out you know right but my point being is that I think that also relates to
Dogecoin. There is a risk that Dogecoin is revolutioner for the moment. People like it now.
Give it 10 years and things might change. I would say this. If Dogecoin came out two months ago and was
just created and it was this thing everybody wanted to buy and people jumped in and people will say,
hey, we're going to be millionaires out of this, right? I would be super cautious. It wasn't until I found
out about Dogecoin a week before I went all in. So when I found out about it, I thought it was a
a brand new coin. I'm like, this is genius. Somebody puts a meme on a coin and now we can buy stuff
with it. What? But guess what? It wasn't brand new way. It wasn't until I did my research. I was
like, wow, this came out in 2013. That's crazy. That means this entire time it's lasted. It's had a
backbone. It's had a community behind it. It's had people actually using it over the years when other
cryptocurrencies that promised things never did anything, but Doge Queen was never supposed to do
anything. So I feel like that's the beauty of it. You know what I mean? The joke is the beauty
of it. And now we're getting to the point where it's become a household name. People know about it. It's on
SNL. It's on Ellen show. You know what I mean? So Dogecoin isn't new. Dogecoin has lasted and
showed staying power. So this is something that I can easily get behind. But can it be what it is today
without the attention? If Elon Musk doesn't tweet about it, if it's not on TV. If we're not
talking about it on YouTube, can it actually stand on its own if people forget about it? It lasted all the way up
to January of 2021
without
anything other than
Elon's tweets.
But the difference
is a market
cap difference of
$100 billion.
Yeah.
That's the difference.
But the difference is
an underground rapper
that does open mics
down the street versus Drake.
Like,
there's a huge difference
between somebody
who nobody knows about
versus somebody
who now the public knows about.
So you're not talking
about just the USA here.
We're talking about Germany.
We're talking about Brazil.
We're talking about these other countries.
Wouldn't you say Mike Tyson
is similar to that?
went from being an underground fighter,
became one of the wealthiest fighters of all time,
then went bankrupt.
That's a very specific comparison.
Yeah, but you're making a very specific comparison to Drake.
That was a general.
Yeah, it wasn't specific.
I was a superstar artist.
You know what I mean?
It could be Drake.
It could be Jay Cole.
It could be Kendrick.
We could pick so many different athletes.
No, but he's saying like a general thing.
It's like they both exist and they're both of the same skill level,
but some people know about one and some people don't.
but just like those examples,
there are other examples
of people who make it big
and then blow it.
But that's within,
that's a narrowed down argument.
I don't think so.
Yes, it is.
It's his argument,
but it's narrowed down.
This is the thing.
My argument is the difference
between an underground rapper
that nobody knows about
in the United States
doing some shows at open mics
versus somebody who's widely known.
Whether that somebody who's widely known
decides to make some bad personal choices
and goes bankrupt or broke,
it doesn't matter.
It could be Drake.
It could be,
MC Hammer was a huge artist in his day and blew it all.
Like, it doesn't matter what happens.
I'm just comparing, like, a no-name rapper to a superstar rapper.
Look at almost every stock that's blown up.
Almost every single one of them.
First of all, none of them see run-ups of 20,000 percent.
Not one stock.
Unless we're talking about, like, a scammy, penny stock, maybe in certain examples.
But almost none of them stay there.
Doge is different.
But Doge is different.
Yeah, it's a currency.
And that is another issue that eventually the SEC is going to begin regulating this.
Because there's very little difference between a currency and a security.
The way they're currently being traded, very little difference.
And the only gray area is that technically these currencies are decentralized,
so there's no one point of contact that the SEC can force to comply with regulation.
That's the only difference.
Otherwise, these currencies are basically, they're securities.
They're wrapped up securities as a currency.
That's all it is.
Eventually, this can't continue.
I mean, yeah, but that's just across the board, though.
That's with any crypto.
Like, if they're going to regulate stuff, they're going to regulate Bitcoin.
No, no.
Bitcoin, there was a court ruling that determined that Bitcoin was a currency.
They did not say the same about Ethereum.
But they ruled that Bitcoin is a currency.
Why do you think that is?
There's too much involved with Ethereum, I think, for them to make a determination.
I also heard Ethereum supposed to crash crazy at some point.
So if something is seen as a currency by the government, is it taxed differently than a security?
No, there's different regulations in terms of like ICOs.
Oh, okay, I got it, got it.
Right.
So as a security, you have to be licensed.
It has to go through the proper channels.
That was the issue with Ripple, is that they determined that because Ripple was a part of its parent company or like benefited its parent company,
it's such an obscure way that that was treated as a security.
and they find the owners of, not the owners,
but the people who were in charge,
I think it was like a $1.2 billion unlicensed securities exchange.
It was some crazy stuff.
Another thing that I talked to, we'll meet Kevin a little bit,
was he asked me why Dogecoin specifically.
Well, there's other mean coins, there's other coins that you can use
like to buy and sell things with, why Dogecoin specifically, right?
And I brought up the example of the Mavericks, right?
So they sell merch, they sell tickets for Dogecoin, right?
But it's not just Dogecoin.
They sell it with other cryptocurrencies.
You can buy it with anything else.
So why does Mark Cuban specify the sales that he made with Dogecoin, right?
He made a tweet saying, oh, we sold X amount of whatever for X amount of doge coins.
This is incredible.
This is great.
Somebody responded to his tweet saying, why don't you talk about the other crypto?
Like, I bought it with this or I bought it with this other coin or whatever.
He's like, because everyone chooses Doge.
Everyone chooses to use Doge.
All the other cryptocurrencies are also available that you can use to buy merch.
and tickets, but they don't get used as often as a good.
You know, I'll tell you, because the YouTube algorithm's not promoting those other coin.
Everyone only cares about Doge because it's marketing.
Cuban's a great marketer.
He's on Shark Tank.
He's a good marketer.
And he acknowledges that if he accepts...
That's delicious, by the way.
That's really good, Graham.
Like 20 cents goes a long way.
Mark Cuban is a good marketer, but that's why he's taking Dogecoin.
Okay.
It's exposure.
I don't think he cares about Dogecoin at all.
You don't think so?
No.
Why would he buy it for his kids?
It's fun.
It teaches him about investing.
What did you say it was?
It teaches, it's fine.
Yes, there we go.
But he also had his kid buying GameStop during the whole like the run of the whole song.
That's different.
Yeah, that's different.
Oh, but that, that's different.
So GameStop running from like $3 to $400, that's different than Dogecoin running up way more, 10 times more than that.
Yeah.
Hedge funds were bleeding.
You had these super billionaire people.
losing money every time the little guy made money, right?
So they had it in their best interest to stop that at all cost,
even going as far as to doing something illegal
by disabling the buy button on Robin Hood.
Guess what? Dogecoin doesn't have hedge funds.
Dogecoin doesn't really have somebody losing money when we make money.
They do.
There's no, who?
The person who's buying as you're selling.
No, I'm talking about hedge funds.
I'm talking about multi-billionaires.
Yeah, they're shorting.
That one guy started shorting Dogecoin.
You bet.
There's got to be...
Well, maybe that's happening now, but I'm saying like...
So mega wealthy people.
It's...
Dogecoin has had no limit, no ceiling.
And I feel like the more people get together,
the more people come together as a community
and decide to hold and decide to buy and hold,
buy and hold, that we're going to just strengthen this in numbers
and add value to Doge.
No, because in order for the price to go up,
it's relying on other people buying in
at an even higher price.
Is it not?
Okay, let's talk about that.
Isn't it the same way with Amazon?
If I buy an Amazon right now,
am I paying way more than somebody
that bought Amazon 10 years?
Yeah, but with Amazon, you have a company behind it.
They're producing something.
I get something, they're giving something of service with decades of history behind it.
Dogecoin has eight years.
I'm just saying it's not brand new.
It's not brand new.
Right, but Amazon never shot up 20,000 percent either.
The thinking that, like, objectively, I think we can look at Doge coin at like a penny.
And we could all say it about a penny, okay, I don't see a problem with this.
The problem that I see was that goes from a penny to 70 cents within a month.
and all of a sudden, in order to sustain that,
it'll require more people to get in.
And you're saying there's no losers,
but the loser is the person who's buying in at 75,
and then it crashes.
But that's why I teach people about the dip.
And then the first feeling you get of that first dip,
everybody has had at some point when they bought in.
I had it.
I bought it in that four cents.
Do I wish I got it under a penny like Jack?
Yes.
Would I have paper handed like a little pansy?
No.
But that's besides the point.
I'm just joking.
But honestly,
like the way I look at it is,
I look at it as the value in Dogecoin is not only getting created by more people buying it and holding.
I feel like the value is also in other companies accepting it as payment and so on and so forth.
But at the end of the day, that is because more people are buying in and holding.
I mean, maybe it's a synergy thing.
I don't know.
But I feel like at the end of the day, six months from now, a year from now, two years from now, three years.
Like I said, when I decided to buy Dogecoin, this wasn't a quick flip for me.
I wasn't like, let me jump in and wait until it jumps up and get some more money.
You know what I mean?
Like, this is a long-term hold.
I'm waiting at least a year, two, three, four, five.
I feel like this is coming in the future.
There's got to be people buying in, though.
I get that.
There's got to be a loser.
Just like I want to buy into Tesla today, I'm going to get it at way higher of a price than 10 years ago.
That's going to be with Dogecoin.
You found out about it late.
So you're paying a little bit more because you're paying at something that has more value.
Don't you think there is a chance?
A chance this thing goes back to 10.
cents, five cents, and it stays there. And that becomes the market value. 20 years from now,
it's trading at 10 cents. We all know one doge coin, one cent. You could go buy your groceries
with it. It becomes the new currency, but it's 10 cents. I feel like if you can buy groceries
with it and you can buy your haircut with it, it's not going to be a cent. Let's say, okay, let's
15 cents. Let's just say, it's half that. I five-xed my money at 15 cents. I'm still doing
better than I would buy anything on the stock market. But if you had a chance to sell it today
and make way more money, you would have tripled what it would be at 15 cents.
And let's just say, what if?
Because there's got to be a chance
with any investment like this.
There's a chance that something happens.
No, I consider that.
There is a chance.
There's a small probability
that you're going to break even.
No.
No.
Breaking even, no.
Maybe 15 cents, but not breaking even.
How much of you diamond handsing
is principal versus you wanting to make more money on your investment?
At this point, it's a combination.
I'm going to be honest with you.
I never in a million years
thought that it would get to this level for me personally.
Like when I got into Dogecoin,
I thought this was an incredible opportunity
for me to make a lot of money
and change a lot of people's lives, not just my own.
Now I'm like, looked at as a symbol in a way
where I was a regular, degular guy a few months ago
having a nine to five driving a piece of shit car.
You know what I'm saying?
Like, I'm anybody down the street
And I was able to be that person and get to the level that I'm at where now I'm a millionaire.
And it was by buying and holding Dogecoin.
In a weird way, it's like I feel like people look at me as an inspiration.
So what type of person would I be to look at my 2.3 million and just say,
fuck it, I'm out.
And just sell it all.
I think you'd be a reasonable person like me.
I understand.
I feel like I would let so many people down.
And I feel like that's a part of it.
for me. Now, it's become a part of it.
But that's the problem. But I have to show
that I, because the thing is this, do I truly
believe in it? Yes. Do I have complete faith
that this is going to go up? Yes. Everything I'm
saying is true and factual. Now I just
have another reason added on
to why I'm dying. But do you think that
that clouds objective thinking
to think that, okay, I have enough to last be the
rest of my life. If I play it smart, I'm never going to
have to work again. That is the message of Doge.
I bet the popularity
that he's gained just based off Dogecoin
alone, he can make at least
Three times more that.
While still holding.
Not if it goes down.
Even if it goes down.
I don't know.
People like it.
Yes, they like you.
Yes, they like you.
How much did he lose?
How much did he lose?
The story here is that you turned 180 into $2 million.
If this goes down, if your 180 turns to $500,000, people do that daily in the stock market.
I don't think there's as much of a story there as going from $180 to $2 million.
Really daily in the stock market?
Yes.
From $180, you go to $5.50?
Yeah.
Yeah.
Options.
It happens all the time.
Okay.
But I'm just saying like, I don't know, man.
It's just gotten to a point where I feel like it's bigger than me.
And this is just a bigger story and a bigger narrative.
And we're talking about community.
We're talking about camaraderie.
We're talking about coming together and changing things the way we see it.
But it is.
It's a bigger deal now.
Perception can change so quickly.
So fast.
I feel like as long as at the end of the day, I'm authentic.
I'm real.
This is my life.
And this is truly what I believe in and how I go about it.
Like, I feel like if people see that and they're like,
This guy's real.
Everything about this guy's authentic and he really believes in this coin and he's going to hold until he can't hold any longer.
And I'm going to be right there with him helping him out because he's helping me out by staying up there when I could easily just cash out and leave.
You see what I'm saying?
I don't know.
But in your example that like any regular guy can go and become a millionaire with Dogecoin, the same thing could also be spun about lottery tickets.
That I'm a regular guy played the lottery, it made $100 million.
Me buying the lottery, there's no camaraderie there.
There's no community there.
There isn't a bunch of people getting together like, hey guys, let's go buy ballers lottery tickets.
There was, when the lottery had a billion dollars, you should have seen the lines.
Because I was in the line, everyone was hyping each other at.
So there were meetups?
There were Facebook groups like lottery ticket holders.
Like, hey guys, who's holding the lottery ticket?
Let's go.
I never looked into it that much.
But you got into any gas station.
Everyone starts telling each other what they're going to spend.
It's not the same.
It's not the same.
How about with gambling?
There are big gambling groups out there.
People who play craps together.
They dice set craps.
They do meatups.
They try to feed the system.
But do people that get together to gamble?
Are they trying to change the world?
No.
They're just trying to make money.
Dogecoin is so much more than trying to make money.
Dogecoin is trying to change the world as we see it.
Dogecoin is trying to change the economy as we see it in the fiat currency that we don't like.
How is Dogecoin doing what, let's say, something on the Ethereum blockchain can't do?
Nothing.
It's just more fun.
Yes.
I love it.
At the end of the day, that's what it is, bro.
That's just what it is.
He's not wrong.
He's very right.
Thank you, Jack.
I think it's fun now.
I want to see it fun.
I want to see it fun.
Five years from now.
I do.
I don't think so.
I don't either, man.
This is our life.
Like I said,
this is the language of our generation.
I just think objectively.
You got enough to last forever.
Sell it.
People would be very happy for.
you to sell it. I don't think there's one, I don't think there's one person who would, I'm with him.
I feel like I'm letting people down, right? He even felt it at the level that he was at. Imagine me.
You do a better service to show people as an example of what happens when you think objectively,
you're practically, you had a goal in mind, you hit it faster than you expected. Okay.
You were able to set yourself up for the rest of your life and you played it smart. I think that would be,
that's a much rarer story than people who make it big and then lose it. But that's not, I don't think
That's the type of person you are.
It's not.
No, absolutely not.
No.
At the same time, though, I can't sit here and tell people buy the dip.
That's funny to say, right?
Buy the dip, right?
It's funny, right?
But am I doing it?
Yes, I'm doing it.
So I can't tell you to hold, diamond hold, and then over here on the corner, I'm selling 500 coins.
Or I'm selling a few, you know what I mean?
I can't do that.
Like, that goes against everything I believe in.
So if I'm telling you buy the dip, and then I go and buy the dip at 30,000 coins I bought at 47 cents,
that's because I'm in it for real.
This reminds me of late 2017.
I had so many friends getting into alt coins.
And I remember seeing them 10x their portfolio in a few months.
Between the months of like October and December,
everyone was putting in $100,000, it was worth like a million.
And they lost 95% of it very quickly.
I do feel like not only is those different, good job, Jack.
But I also feel like the market is different.
The world is different.
The world wasn't ready for cryptocurrency in 2017.
The world is now ready for cryptocurrency in 2021.
But you're not saying credit.
The world is ready for Dogecoin.
The world is ready for crypto.
And with crypto comes Doge.
I mean, think about how your life has changed in the past like couple of weeks with Dogecoin and everything.
I mean, you've gotten like mainstream media out.
No, no, no.
Because that's what the algorithms, the algorithms right now.
We're pushing that.
So everyone's like, yeah, he's not wrong.
He's not wrong.
He's not.
Yeah, yeah, yeah.
I'll tell you, from a YouTube perspective,
you got to strike while the iron is hot.
If people want a certain topic, you've got to give them that topic.
Facts.
And then, but attention goes so quickly.
And it fades, and it's something else.
A month from now, it's going to be something else.
But doge is forever.
Jack, remember when the market dumped, the market crashed,
we got a target.
That was every single video for a while,
because that's all people want to talk about.
And then after a while, people's like, no, it's fine.
It's fine.
Let's move on to something else.
It's just so much.
It's so much bigger now.
Every topic has a way for a month or two, and it changes to something else.
I'll put it like this.
I did not know anything about crypto in 2017.
The first year I heard about crypto was 2017 when Bitcoin shot up like crazy, right?
That was my first introduction.
I like to think I'm pretty hip to like things happening in the world.
So I feel like just the fact that I didn't know,
I know a lot of people that had no idea what it was and just got introduced to it because of 2017.
Plus, social media wasn't as ramped up as it is now.
There's so many other elements that almost came together in 2021 and kind of aligned that now is the time.
That's how I feel.
I mean, my position is still to sell.
You'll have enough.
Buy a house cash.
You're going to tell me about Vegas, by the way.
I am.
Do we want to talk about that right now?
Yeah, I do.
Let's talk about Vegas, but we should also discuss the things that have been happening in your line.
Oh, that's a lot.
Oh, you know what? Let's talk about what's happening. What's what's going on? We got, because we got a lot of people behind this.
Okay. Let's talk about it. We got to discuss this thing right here. Let's talk about it. Let's talk about it.
So, guys, it started at, it's, okay, it started with the CNBC article. With my face in it, me going public with my identity, this dude flipped $180,000 to over a million, right? Because at the time it was, I just cracked a million. It went from that to business insider reaching out to me.
to write an op-ed.
So I sat down one night, eight hours straight,
and I just wrote my whole life down on a Google Doc.
And now somebody, isn't that crazy?
Now somebody, there's a senior editor over at Business Insider
who's basically writing it with me
and making it sound professional and stuff.
Like, that's nuts.
New York Times reached out to me
to do an article with the New York Times.
What is life?
The other day, yesterday or the day before,
they sent out a photographer
to take a bunch of pictures of me on my beat up car eating a slim gym like you know what I'm saying like
what is life bro like this is all really happening right now in real time and and then documentary team
shout out to the documentary team uh uh they reached out to me interested in my story I sat down did an
interview for about an hour and they said you know what we want to tell your story can you shoot
tomorrow we want to we want to we want to we want to film you waking up and what you do in your life
and I'm over here juice and celery.
What?
You know what I'm saying?
Like these things are just happening.
And then Andre, shout out to Andre, man.
None of this would have been possible without Andre.
Andre, thank you.
So much.
And he knows this.
I say thank you every chance I get because I would not be in this position if it wasn't for him.
Yeah, we wouldn't even have been connected if it wasn't for Andre.
None of this would have happened.
Me, Kevin, wouldn't have happened.
You guys wouldn't have happened.
The live stream, he put his channel on the line.
Shout out to Andre.
He's never done live streaming before.
It could have messed up his whole channel.
He's over here, live streamed yes and L.
It could have just crashed his channel and YouTube could have messed it up or whatever.
He took that chance because of me.
You know what I mean?
So I'm just grateful, man.
Yeah.
I was just thinking sell.
Yeah, I'm just thinking sell.
So what else is going on besides that?
I mean, people keep asking me for money.
Are you serious?
That's the worst feeling in the world, man.
Just be happy for me.
Who asks you for money?
Who asks you for money?
Random people on the internet, bro.
All it's on.
You send me some doge coin?
Can you give me some money, please, millionaire?
I'm like, I don't even, I'm not, I'm the brokest millionaire you know.
If you guys know how much money I had in my bank account, you'd laugh.
I got a hundred.
I'll tell you.
I don't care.
I got $130 in my bank account right now.
Don't you think then it would be a nice idea to, to, I got a paycheck coming in a few days.
I know, but don't you think, it might be a good idea.
I'm about to pull my bank account right now.
What are you going to do with that paycheck on that bank account?
I'm about to pull up.
Are you serious?
Oh my gosh.
But this has just happened today.
I woke up and this happened.
This is because both of my credit cards I maxed out, they're put in auto pay.
So what happens is they take out the full amount at the end of the years, at the end of the month.
So I have to call the bank and I have to tell them, hey, can you please send that back?
I don't want to pay the full amount right now.
I'm going to pay minimum amount.
So this happened today.
So I still got to call the bank.
Yeah.
I don't care, man.
I'll screenshot.
We'll block out any numbers or anything.
Yeah.
That's fine.
It's a negative balance of like $5,400.
You don't think it, like, you just, you could, you could.
I'm getting a paycheck.
No, if he markets, I'll be able to pay a little bit off my credit cards.
I'll be able to buy some food.
And I don't need much, man, to get by.
I'm okay.
If you market all of your Dogecoin fame and everything, that is way more valuable than the $2 million in Dogecoin.
Yes.
You don't think so?
Yes.
How much do you make a year with YouTube, bro?
But I'm not centered around one thing in particular.
particular. What I do is all things. But neither is he. But people click on him for his personality.
For me as a person, not because of the Doge. But I would say, if you,
out of 50, let's say, Andre. I'm going to be honest, out of 50,000 people that watch you,
I would say probably 90% of that is Dogecoin related. I would say, 10%. I would say this
for myself. If I were to post random stuff, maybe 5%, maybe 10, the very most of my audience,
would actually watch anything I post. The vlog. Yeah, the vlog. Yeah, that's about, that's about 10%
No, it's not.
No, it's not.
Through all, through all subscribers across all the platforms.
Sure, through all subscribers across all platforms.
All platforms.
But like, no, I would say it's like 25% of your audience.
If your main channel videos get $300.
I'll put it like this.
I'll put it like this.
But that's with four years of posting almost every day.
Four years of doing that.
Graham, I'll put it like this.
If I can make what I make at work right now off of YouTube per year, 60 grand,
I'd be happy.
I would say potentially do it.
But I will say that I believe 10% of your audience will stick around.
They will watch anything that you post.
You think it's 10%.
But in the last week, my story is more than that.
In the last week, he's made 10 grand.
No, I haven't made any.
I know, if he was monetized.
By the way, I haven't made anything.
Because of Dogecoin, that fades.
I have seen so many channels.
I know, but I just said 10%.
I know, but I've seen so many channels.
Pump up temporarily.
They think it's going to last forever.
And they don't.
I would say that have nine out of ten channels.
never are able to sustain it.
But you can maintain 10% that's good.
It takes persistence and dedicate.
Like, I'm not saying you could do it.
No, no, no. Yeah.
I'm a hard worker, bro.
I know you were.
I feel like I can do it.
But it would take a lot to be able to do that.
It's 100% doable.
I don't doubt that you'd be able to do it.
And I know there are people who would watch anything that you post
because they like you.
But I would say just consider it.
The thing is this, I feel like it's a combination of, like you said earlier.
Like, I guess I'm likable.
Whatever.
I feel like it's a combination of that.
It's a combination of that.
It's a common.
of my life story and coming from nothing and being a millionaire in 69 days,
I feel like it's also a combination of the doge.
The lifestyle that I live.
I mean, that the car, that car video is so...
I have a video.
I have a video. I don't know if you saw this.
I have a video.
The title of the video is revealing the car I drive as a doge coin millionaire.
I start the video.
Have you seen it?
No, I haven't seen it.
Listen, they're great concepts, but I'm just saying I don't want to see you lose it even.
No, no, I get it.
I want to see you walk away from this and a good position to make money long term.
I appreciate that.
And I just ride the hype of Dogecoin.
I appreciate that.
Because it's not going to be like, like, I've seen this happen so many times.
It doesn't last.
Seriously.
Yeah.
I know you mean well and I know you care about me.
Honestly, yeah.
Even though we just met, I know, like, you have good intentions.
And the only reason I'm being hard because like my biggest fear would be if something happens to this, you're, you're, listen, I think chance of you actually losing money pretty much non-existent.
If I were to bet on it, I don't think.
you're going to lose money. I think you're 180, 500 grand, you know, whatever. You're going to make
money. But I would hate to see this die down. Your investment goes down to, let's say,
$500,000, let's say after tax, it's, you know, $450. Okay. And you're left $450 on something that
used to be really excited that people were all happy about that might take a long time to get back
to this point. During which point, you look back at this, you know, I could have sold, they could
have done this and that. Right now, it's like, from my perspective, you could lock that in.
It might not be too.
It's full, but you can lock 80% of it in now, cash out.
And for the rest of your life, you'll be that dude who bought Dogecoin, became a multi-millionaire from it,
paying off this house with smart with your money, and now you can do anything you want.
That's how I see it.
And that's like 90% guaranteed just with a swipe up of a little.
I feel like in a weird way, I feel like I could do both.
I feel like I could be that symbol for the Dogecoin community and not touch or sell a single coin
and then just bust my ass on YouTube.
and just create incredible content that not only has to be about Doge.
It could be around those.
It could be about crypto, whatever.
And just like work hard.
Like I've worked hard my entire life, 33 years of living.
I bust my ass work really hard to get to this point.
I feel like what's another year or two on YouTube until I can get to that level where I'm at a million subscribers or two million subscribers?
And I'm out here pumping out content.
And I didn't have to sacrifice the Doge.
I didn't have to sacrifice it or sell a single coin.
I'm still that for the people.
but here I'll also have a successful YouTube channel
and I have other ways of making money, right?
I'm just going to say, the audience is very fickle.
It's extremely fickle.
And right now, I just seem to happen so many times.
They're like, right now they're all for you,
but one little change, dogecoin drops.
People lose money.
They'll flip.
A lot of people flip.
If he sells Dogecoin,
the likelihood of him becoming a successful YouTuber
goes drastically down.
I think it goes up.
No.
I think it goes.
Because he's not going to be a part.
personal finance YouTuber that shows up
investing.
He's a kooky guy that like loves...
I'm a kooky guy.
But he's always going to be a kooky guy.
But he's going to be the kooky guy who won.
I don't really have a compliment or what.
No, I call myself a kook-law.
He's the guy who made money.
I think his chances if he sells of success long to go up.
That's what I think.
And you know what?
But here's the thing.
I think time will tell.
Because neither of us know.
I think he's taking a bigger risk by not selling
than the guaranteed,
likelihood of success long term by selling today.
Anyway, what's going on with Vegas for you?
Vegas, man.
It was a pleasant trip.
That's the best way for me to put it.
Super last minute.
You know, I was on the phone with Andre.
He was like, bro, let's do a follow-up video.
I'm like, all right.
He was like, I'm booking you a flight.
One hour.
Let's go.
I'm just throwing my stuff in the bag.
Yeah, I had no idea.
Throw myself in my bag.
Get to the airport.
Fly out there.
I'm out there.
He got me a hotel.
Thank you, Andre.
And we shoot all day Thursday.
We meet up with you.
You know what I mean?
We do everything with you guys.
And everything's just like new, exciting, like different, like the terrain.
You know what I mean?
Just like when you guys live, like the pool, even though you don't use it that much.
But as we're coming back to his house and finishing up and I'm doing the intro with him and outro and all that stuff, the documentary team hits me up.
And they're like, hey, we want to shoot tomorrow morning, you waking up and what you do in your morning routine.
And I'm like, I'm in Vegas.
And so literally, I'm like, bro, I got, I'm talking to Andre.
I'm like, bro, I got to go.
I got to go now.
He books a flight an hour later.
And I'm throwing everything back in my bag.
Well, whoopty-woof, get into the, he like, B-lines and speeds all the way to the airport.
I get at the airport.
My flight ends up getting delayed and all this crazy stuff.
I don't get home to like 1 a.m. or 2 a.m.
or something.
crazy and I got to be up at like 6 a.m. because the documentary team is coming at 8 a.m.
And my place is a mess. So I got to clean up. I got a vacuum. I got to put everything in order,
put everything. They got a shower. I got to look good. You know what I mean? Like I got,
you know. So you know. So you know. I think it would be better if you left your house.
Yeah. I couldn't do that. I'd make a better episode to have like underwear on the floor,
socks. Bro. bro. I'm Brazilian. We're hospitable as hell. So if I have any person coming to
my house, that place has to be a spotless, my guy. Like, my mom is a house cleaner to this day.
You know what I mean? So, so, like, she'd be so disappointed in me. She's just looking at this
documentary. He's like, you didn't even put your clothes away. You know what I'm saying? Like, but,
but yeah, I had to do all that and be ready for them when they got there. And it's just been a
roller coaster ride, man. Like, I'm so thankful for literally everything. I'm just, I'm just,
I'm that guy who just is happy to be here. I'm just happy to be here. Are you going to move to
Vegas?
I'm seriously considering it.
So, like, like, it's so funny because I was telling Jack this off camera.
Bro, I, Vegas never even crossed my mind until I made money.
And I was like, ugh, L.A. isn't that great anymore.
You know what I mean?
Like, I got to get out of here.
Like, I got to go to Texas or Vegas or whatever.
Come to Vegas.
You'll be near Andre and I.
Man, I would love that.
I would seriously love that.
You guys have been, like, the greatest, honestly.
Thank you, yeah.
Seriously.
I want to make, I want it.
I want to make sure this turns out well for you, man.
Like, I'm just worried.
I'm worried for it.
That's what I'm like a worried concept.
That's how I feel.
I'm like, did you say, hey, honey, did you sell yet?
No, you still holding on?
You should, you know what you should do?
You should like have little like, little, like, every once in a while, like, hit me up and call me like, hey, hey, pro, where you at?
You saw it?
What's your portfolio looking like?
Oh, you didn't sell?
All right, man.
I'll want to check in with you a little later.
How you doing?
Yeah.
Saw the price.
Saw the phone.
You sell?
You saw it on TV.
It's not so happy about that.
Oh, man.
I just, okay.
It's funny.
I just want to make sure this turns out well.
Either way, this is one of the episodes that it'll be really fun to look back on five years from now.
Yes.
Because I think even like short term with Bitcoin, there's so many times you look back and it, okay, it went to $3,500.
It looks terrible for it.
And then, you know, a few years later.
So this will be one of those episodes we got to look back on way in the future.
Yeah.
I want people to know that I'm doing it for myself and I'm doing it for the people.
and I'm doing it for the community,
and I want us all to win at the end of the day.
All right.
I would just say, first and foremost,
you've got to take care of yourself.
Because that's how you're able to take care of other people.
So I want you to lock in and sell $2 million profit.
I know you do.
I love you, Graham.
I love you too.
I have a question.
If you could sell right now at a $1 price point per Doge coin,
would you do it?
At $1.
After I bought the $30,000 coins,
I'm officially, oh, this is great.
I get to tell you guys.
I'm officially at 4 million doge coins right now.
Thanks guys.
So at a dollar, I'm a four millionaire, which would be crazy.
And you would sell her?
No, you didn't answer the question.
But if you sold that dollar, you would never be able to buy back in.
And I continue all day.
So this is my thing.
Okay, I tell everybody this.
It's either one year for my doge coin purchase or when I hit 10 million.
So if a year from today, I'm not at 10 million, let's say I'm at 2 million, 3 million,
four million, I'm going to take out 10%.
Because I have so many things I want to accomplish in life.
Like I said, I have the rap label that I want to do.
I have the rap music, media content that I want.
There's so much stuff we didn't talk about.
Why don't just sell half?
And you fund all of it.
Sell half.
You're set.
That's true.
That's true.
Why not just do that?
That way it's the best of both worlds.
It's not one or the other.
It's not black and white.
You sell two million of them today.
You guarantee.
You lock that in.
That's yours.
That's not going anywhere.
The other half?
Yellow away.
You're still the same.
Dogecoin person. You're still the same, same, what do you say,
kooky? You're still the same, cokey Dogecoin guy, but you sold half.
You were able to accomplish everything you wanted to.
Talking about a cookie guy, you know, you know the funniest comment that I read
under one of my videos, somebody was like, I swear somebody is paying this guy to not get a
haircut.
Will you get a haircut if Dogecoin hits a dollar? I'll get a haircut.
Can you take the hoodie out?
No, this is, guys, this is.
You know what? I think the hair makes it, though.
Look at this.
Like, I just scream Doge, don't I?
Like, I screamed Doge Yol-er.
You know what?
You know what would be interesting?
I would love for a video, do like a makeover sort of thing.
Oh, yeah, I'm down.
Yeah, yeah, yeah, yeah.
You shave the beard.
I'm a look so different.
Really nice, like hair.
I'm actually kind of cute.
Yeah, put on a suit and, like, do one of those things that we take you at for dinner.
Yeah, no, let's do a makeover.
I'm down.
Would you actually?
I'll do it.
I'd do it.
Windows hits a dollar.
Oh.
Because I was thinking this would be a fun video for the, for the vlog.
Yeah.
For the vlog.
Giving $20 million a haircut.
Yeah.
If you want to do that, we'll fly you to Vegas.
We'll fly you to Vegas.
Okay.
I'll pay for the haircut.
I'll pay for the shave.
Okay.
I'll pay for a, uh, not, not expensive suit, but like.
Can you?
No, no, no.
I want, like, a professional.
Like, I want a professional giving you a haircut.
Like, one of those nice professional shaver sort of deals.
Yeah.
Um, get you like a, like a reasonable suit.
like a men's warehouse.
Okay.
Like, you know, like a 200-
I mean, guys, let us know in the comment section down below.
Would you like to see me get a haircut?
Yes or no.
What about the beer?
Would you like me to cut it?
Let me know.
Okay, what, no, no.
What about the pool?
Will you need that for me?
Jack, if you'll split the cost of me.
Wow.
Because you're going to be using the pool more than nine.
See, if you guys didn't know this,
we haven't heated up the pool at the Vegas house.
And why is that, Graham?
It's 200 bucks.
I have a feeling you guys used the pool once,
and it was for that one YouTube video you did when you lost the Doge Queen.
Oh, he didn't even heat it.
Yeah, I didn't heat it for that.
Graham is, he spent how much on the pool?
Like, 100 grams.
By the way, I died laughing at that when I saw that.
When I first washed you, I was like,
Ha!
Yeah.
Yeah.
I said in this video that I filmed with you,
I said if the video gets 100,000 likes again,
I'll fall back in the pool.
Okay, let's do it.
So, unheated, by the way.
Only doge, though.
Yeah, thanks for getting intense.
I thought you were about to, like, beat Jack up.
No, no, no, no, no.
Paper-handed pants.
I know.
I know. It's all good though.
Jackie, you should change your Instagram.
Oh, no. Paper-handed. Should I do it?
You should do it.
You got to change your Instagram about me because it says like Dogecoin.
Oh, Dogecoin entrepreneur.
Yeah, you can't stay in that.
It's got to say paper-handed pansy.
Yeah, okay.
And then with the price you sold Dogecoin at.
Oh, yes. Yes, yes. People need to know. That's got to be cemented.
Facts.
So what's that said, you guys. Thank you so much for watching. I really appreciate it.
As always, make sure to destroy the like.
button, subscribe button, and notification bell.
Also, feel free to add us on Instagram.
Our information is down below in the description.
And don't forget, you can get a free stock
worth all the way up to $50.
What?
Using link down below in the description.
I know that's right.
Public.com slash gram.
Facts.
That's it.
Facts.
Enjoy. Thank you so much for watching.
And until next time.
Subscribe to the clips channel and subscribe to Pro.
Oh, yeah.
The Dogecoin Millionaire, Pro to Doge.
Check me on on social media.
Follow me.
Let's go.
Let's go.
To the moon.
To the moon.
I'm your boy Proto Doge and we have made and then I write and I say yeah yes
Yeah, okay. Okay
