The Wolf Of All Streets - Bitcoin & Crypto Surge 50% As U.S. Gov Reopens & Approves ETF Staking!

Episode Date: November 11, 2025

The crypto market is roaring back to life as a wave of regulatory clarity, government action, and institutional adoption hits all at once. The U.S. government has officially reopened after weeks of sh...utdown turmoil, restoring stability and fueling optimism across financial markets. Meanwhile, Senate lawmakers unveiled a long-awaited crypto market structure draft bill, proposing to give the CFTC primary oversight of digital assets — a historic step toward regulatory certainty.

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Starting point is 00:00:00 Bitcoin and crypto have seen a 50% surge in adoption in 2025 with all indications that that will increase going into 2026, including 61% of institutions planning to increase their crypto exposure in the coming months and years. Of course, all this is happening as the government is likely reopening as soon as tomorrow. We're getting staking in ETFs and seemingly the CFTC will be the key regulator for crypto. Nothing but tailwinds and bullish news to discuss with Andrew today. Let's go. I didn't know it was going to be just Andrew and I. Not that I'm not happy about that, but Tillman ghosted. He's on the flyer.
Starting point is 00:01:06 Looks great. And, you know, we could have booked a third guest maybe, you know, like maybe a friend from Bitwise or something. But honestly, like, who needs to be more than that? Yeah, you and I talk enough to fill up four seats. So, yeah, I think we'll be just fine. To kind of kick it off, something that's interesting to Sofi news this morning about them adding crypto trading to.
Starting point is 00:01:29 their platform, you know, so far being a bank and probably being the biggest bank of note over the last decade that, you know, quote unquote, became a bank and rose to some level of prominence. Adding, you know, crypto, I need to ask something. I need to ask something. I'm pretty sure stream yard just glitched again and we might not even be live. Yep, you're right. Do you guys, yes?
Starting point is 00:01:54 Do you see us live? Do you? All right. Let's start that again. Great. Fucking great. I can't even see it. Is it on YouTube?
Starting point is 00:02:02 No. It's showing live right now on my feet. Yeah, it's live on YouTube. This is ridiculous. Yeah, I don't understand. So we are not showing us live, but apparently you guys are watching us. This is a fucking great show. Well, here we are.
Starting point is 00:02:22 So let's continue about SOFi. Fuck. So. I hate everything today. Let's go. Hi, guys. Hi, it's nice to see you all. Go ahead. SoFi adding crypto trading, you know, Bitcoin and others. Again, there's there's a functional reason to this. It's not just, hey, I want to be part of the cool kids. With interest rates moving down, right? So we've been in a period over the last three to four years where interest rates have consistently moved up. And so the ability for banking institutions to make more and more. money associated with interest bearing type of products that's going to move in the opposite direction over the next couple of years so they're looking for the next juice right and so it's not necessarily
Starting point is 00:03:14 philosophical that the philosophical idea of crypto and chains and all of this stuff have swept the banking industry it's just another meaningful potential revenue source that that they're going to add that one, a subsection of their clients and customers want. SoFi, obviously, being the type of organization where their customer base skews younger. So not a surprise that they're kind of getting to this first. But it's another, you know, it's another business opportunity for them, a revenue opportunity for them to fill the gap as, you know, interest-bearing type of revenue is, quote-unquote.
Starting point is 00:03:58 goes away a little bit. Yeah, here's that news. 36 billion so far just announced live on CNBC to launch Bitcoin trading to all customers today. I happen to have done some producer things. I got the video. Good to see as well. Okay, so what's going on here?
Starting point is 00:04:11 This is a big deal. Yeah, this morning. It is a very big deal for you. It is a very big deal. It is a big day and a big milestone. Reverts is the course of time. It does. We've wanted to be a one-stop shop
Starting point is 00:04:20 for all your financial services needs. And one of the holes we've had for the last two years was in cryptocurrency, the ability to buy, sell, and hold crypto. We were not allowed to do that as a bank. It was not permissible. But in March of this year, the OCC came out with an interpretive letter that it's now permissible for banks, like SoFi, to offer our cryptocurrencies.
Starting point is 00:04:38 So this morning we're launching as the only national bank, the first and only national bank, the opportunity to buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, and Solano. So I was going to ask, if we're just talking about three for now? We'll expand well beyond three. It'll be a pretty broad assortment. We try to differentiate on being fast, having broad selection, and great prices, ease of use. So we'll try to give members, SoFi members, as much selection as they would like.
Starting point is 00:05:02 And what's the difference between going through you and going through Coinbase or going through Robin Hood or somebody else? Yeah, there's a couple of really big differences. First, we're a nationally chartered bank, which means we have the infrastructure, the processes, the financial conditions, that provides the safeguards that a consumer would expect from a bank, which is going to allow us to scale responsibly. The second thing is because we are one-stop shop, you can do all your banking, checking and savings at So-Fi. borrowing and you're investing and now crypto and one of the unique things about that is when you come to SOFI and fund your crypto investments you'll fund them in a SOFI checking and savings account that checking accounts deposits earn interest say that you're going to fund it with crypto you're
Starting point is 00:05:42 gonna fund your checking account with cash okay and then when you buy yeah right bit corners so you get the idea so yeah i mean just in case people had missed that news it broke you know less than an hour ago that has to tell you exactly what's coming to every bank in america yeah so by the end of q2 of next year everybody you know every bank in america other than bank of america because they're the slowest and just worst bank ever um will have this jp morgan will have it uh you know every regional will have it you know every bank effectively that you know doesn't have a 79 year old run in the place that doesn't understand it, we'll have this. Because I've said this so many times on this show,
Starting point is 00:06:30 everything in traditional banking and financial services is completely commoditized. If one guy has it, then everybody has to have it or else you're left out of the party and you're just missing out on revenue. So even if it's not as integrated as so far just described, every bank is going to have access to this stuff. They're going to have to offer it or they're missing out on meaningful customers. on a go-forward basis. And they'll end up losing customers if they have them in a demographic that's under 50 years old.
Starting point is 00:07:03 You know, at Archpublic, we deal with tons of customers in your audience, Scott, on a weekly basis. We're not dealing with 25-year-olds, right? We're dealing with basically 40. That's because they're poor and they live in their mom's basements and they can't get jobs. Right. And they vote for Mom Donnie. Yeah, all the reply guys fit into that bucket. But everybody else, 40 to 65 year olds, those are the people that are making, you know, meaningful allocation to the asset class and then are looking for these types of solutions.
Starting point is 00:07:35 How am I going to be able to move on from some of the difficult ways you had to move crypto around before? Who makes it simple? And what so far I just described is additional simplicity. So that's the race here, right? So if you're Coinbase, your ears just perked up. Now, to be fair, you know, so-fi has 36 billion in, in quote-unquote, you know, assets under management or customer funds. That's tiny, right? That's not a huge number.
Starting point is 00:08:06 But at the same time, they're not, they continue to. Sponsoring a stadium. Yeah. Well, that's, we all sponsor a stadium. That's a good thing, right? They have not worked out all over time. It's a good thing when crypto companies sponsor stadiums. Yes.
Starting point is 00:08:21 They're not a crypto company. Yeah. Right. So it's just you put yourself in a situation where, you know, Coinbase will have to play a little bit of catch up here because they're not a bank, right? They're trying to, although you can see it's happening in two directions, right? The banks are adopting crypto and crypto companies are trying to become banks. Yeah, that's absolutely correct. And if I've heard it once, I've heard it a thousand times from Caitlin along the line
Starting point is 00:08:47 outside the be a bank door at the federal level with crypto exchanges is, very, very, very long. And so they're pounding away at that door, see if they can get in and get their banking license. So it'll happen. It'll happen in time. I mean, frankly, you know, the administration and the pathway that they've laid for crypto is,
Starting point is 00:09:11 you might as well be jumping into a turbocharged water slide with grease underneath the water. It's going as fast as fun. Yes, fast as you possibly can. I mean, just absolutely as fast as you. possibly can. SoFi doesn't do this if they haven't had also back channel conversations about, well, the OCC put out a letter that says it's okay to do this stuff. Well, a letter isn't law, right? So you have to then go back to the OCC and say, hey, it's a cool letter, but
Starting point is 00:09:39 you know, if we pull this off, are you guys good with this? Are we good to go? And so yeah, we're in a good spot with this. And so they pulled the trigger. So from the title here, U.S. crypto adoptions on the rise. This is a, the company compiled a report on crypto and stable coin adoption around the world, determining the U.S. grew by 50% in 2025 window. This is largely stable coin adoption, of course, much bigger in countries like India. And this is just the beginning of all of this. So we have to obviously address the fact that our title says Bitcoin and crypto surge 50%. It's an adoption. I wanted you guys to click because you thought that prices were at 150,000 today, admitting it. Okay. So here we are. I mean, this is, you know, we're actually
Starting point is 00:10:27 seeing meaningful adoption of this asset class. Yeah. And it was something to listen to Kathy Wood last week, adjust her Bitcoin price based on the fact that stable coins were taking a big bite out of that. And that doesn't mean, to me, I didn't see that as a negative. I mean, my goodness, You know, her base case went from 1.5 million to 1.2 million. I think we'd all take that right about now. So, you know, good for her. But again, it's thoughtful in that stable coins are going to, they're just going to, they're going to make a meaningful, meaningful, meaningful shift
Starting point is 00:11:06 and dent in the world of finance, you know, over the next two to three years. Because the way that we move money, the way that banks will allow you to move money is going to shift in a meaningful way. If you're not a super preferred client at any bank, you've got to walk into the bank. If you want to send a wire, you've got to fill out a bunch of papers. They got to have you sign some stuff. They may have a conversation with you about why you're sending this wire or who it's going to. And then they approve it and then it gets sent.
Starting point is 00:11:39 Even if you're a super preferred client, you need to go online and kind of do the same thing. You don't have to go into the bank. You've got to go online. You can do the same thing and click. you send your wire still takes time. Whereas, you know, quote-unquote permission lists on the stable coin rails, that's where we're headed. Okay, people are bad about the title.
Starting point is 00:11:59 It was a joke, guys. I didn't even know what the title was until I showed up with Andrew. And literally we were about to go live and I was like, what is this referring to? And then I looked up the article. I didn't actually, I don't do the titles. I don't do the thumbnails. I have a different. I made a joke about clickbaiting you guys and now you're bad.
Starting point is 00:12:17 Yeah. I have a bit of a, you know, different online persona. I don't care if people are upset about the title. Yeah. Like I really, I'm disinterested in their outrage. So moving on to the next topic here on the podcast. Which is the most important topic. And honestly, we've been, we've been dancing around what's actually driving price.
Starting point is 00:12:37 And I want to, I'm just going to throw it out there. The McRib is back. And historically, every McRib come back since 2020 has marked a Bitcoin rally. I mean, it's. literal science. The data is here. We have statistically proven. The title's not a joke, guys.
Starting point is 00:12:58 I see it. Is it a joke? No, the title is not a joke. There is a 50% increase in adoption. I just showed you the article. It just in the title says Bitcoin Cryptos surge 50%. Yeah. In adoption.
Starting point is 00:13:11 But yes, the McRib is back, baby. Wait until you see what pumpkin spice lattes do for the market. This is a real thing. You know who's not eating Nick Ribs? Tillman Holloway. Just a quick shout out to Tillman, who's in New Mexico with his oldest son for his 18th birthday. Tillman has been on the stankiest diet you could ever think of in the past month. He looked skinnier last he was here.
Starting point is 00:13:38 Like, how much weight did he lose? For real, I was going to say something, Ed, you don't want to say something like here. Yeah, he's lost like 25 pounds. But what he basically eats is like chicken. and broccoli. And he's admitted it's painful. It's it's not fun, but he's committed. And I've seen him be committed. Like, so we had a, we had a arch public event in Aspen a couple weeks ago. And we had a meal at the place that we were staying. And you know, all the, all the people that were there for arch public and joined the meal. And there he was in the corner with this little box of chicken and broccoli. There's other foods that are healthy besides you can like eat clean. Well, let me tell you it now. When Tillman commits to something, it's it's full go.
Starting point is 00:14:29 I'm the same way. I haven't had a drink since July. One day I was like, I'm not going to drink. Yeah, it is, it's full go. But he's, uh, yeah, he's doing well. He's thinking of us in. So in the meantime, while he's eating chicken, the government is unshutting down. Some would say reopening, but I prefer the vernacular, unshutting down.
Starting point is 00:14:47 It looks like we got a bill through the Senate, which is the hard part, obviously. And now it's going to go to the Republicans and in the House. You don't have to do stupid things like you have a super majority. And they're going to vote this through. The government's going to reopen. What I find redonculus about this is it's reopening for like a month and a half, two months, basically. And then they're going to do this again at the end of January. Why?
Starting point is 00:15:12 January 30th. Like, it's, it's, politics is, is, uh, is dumb. That's the best way to say it. Um, I don't know if you can find a meaningful politician that is, uh, I don't know, that's, that's not somehow been eaten by the machine, you know, maybe one guy I can think of is John Deaton, who just announced that he's going to run for a house seat in, in, uh, Senate seat. I think, Senate seat.
Starting point is 00:15:42 Yeah. Yeah, I'm up. Send a seat. Marky. Yeah. Okay. Send a seat. My bad. So, so, but other than that, I mean, you know, once you get into the belly of the beast in D.C., it seems to just eat you alive. And you get these types of outcomes that are, again, purely political. The government shut down at least for the first 30 days. Nobody cared other than the politicians just trying to win points against each other. Just ridiculous outcomes. And then, you know, The government shutdown ends, but we're effectively just going to go right back to the same argument after the holidays. So this is just a version of, we really don't want to argue about this. We want to go for Thanksgiving and Christmas. We're only really going to be in session for about nine minutes between now and then anyways. So let's just punt until after the first of the year when people are paying attention again. And then let's have another redux of this conversation.
Starting point is 00:16:41 It's just foolishness. Um, it's, it's, it's foolish. And it's why for most, uh, on, on the whole, you now have, uh, markets that just completely disregard this stuff. Um, you know, you, you, you had a bump up yesterday. Okay, the government's going to open. You're going to get a bump down today. Um, so count all the humans out. We're a couple percentage points, uh, on the traditional market side from all time highs. We've made like 35 new highs this year. no matter what the government's done.
Starting point is 00:17:15 Yeah, but none like this week. So. Yeah. Yeah. So if it hasn't happened this week, then it doesn't count, right? So who knows? It's Tuesday. We may get there. We may get there later this week. So it's, again, it's interesting to talk about. It may, you know, move podcast numbers for a couple weeks on one side of the aisle or another. it may raise the you know favorability of one party another it may raise the profile of one guy obscure guy in congress who talks about it more than somebody else for a few months or but it's it's all it's all foolishness sad but the government reopening allows for some things to start happening again though you know we had
Starting point is 00:18:06 these incredible tailwinds for all this legislation and all the things the SEC was going to do. And we couldn't. Here we are. America's crypto ETFs to get green light to share staking rewards to millions of investors. We already saw the Salada staking ETF launch. So I don't see how this is a big news item. But I think it's fair to say that we had seen all of the issuers of the Ethereum ETFs and such already, you know, changing their filings to try to get staking added. That is that is coming.
Starting point is 00:18:34 So, I mean, listen, I think it's a pretty big deal to make these more attractive to add a yield, a safe yield from staking to these products. Can you go back to that page real quick? I wanted to spend about 90 seconds and what I think is a real value ad for the audience here. Go back to that page real quick. Yeah, I'm trying, but the problem is that I closed it. Uh-huh. Yeah. Well, there was an ad there for a peep node, Pepe node.
Starting point is 00:19:04 And so, yeah, I mean, not bringing that back up. Can you go wrong? And that'll get people being like, he talked about Pepe Nodes as a chill. Archie an analyst dug deeply into the pepeneus. So the way that my mind thinks about certain things is, you know,
Starting point is 00:19:23 who's behind the paying for that advertising for that to sit there in that article? Somebody somewhere, pepe node guys, are paying for that ad to sit there. And so, you know, I don't know, it's crypto, right? There's never a dearth or a lack of weirdness that exists in this space, which again makes it interesting that the largest institutions on the planet from a banking standpoint are jumping in with both feet when Pepe Noad still exists.
Starting point is 00:20:00 Interesting. This is an observation. Peebipi no day. That's how I think it's actually pronounced in crypto vernacular. And meanwhile, as the government reopened, senators unveiled draft crypto bill giving CFTC oversight power. Listen, this would have been much more welcome in the Gary Gensler era when the industry was pushing away from Gary and towards the CFTC because at least there were some rational thinking human beings there. But this is from Cory Booker and John Boothman. And that's good that it is bipartisan.
Starting point is 00:20:30 in, but it looks very likely that this has support, that the CFTC will become the main regulator of the crypto industry, which, by the way, makes a lot of sense as we start to talk about leverage and perpetual swaps being added to exchanges and all these things that they generally regulate. But we have a pro-crypto, CFTC and SEC, and the power may be shifting to the one that has been the less contentious over time. Well, my thoughts on this, I was thinking about it last night, no idea why I was thinking about it last night, but, you know, I'm starting to edge into the camp where it's inevitable, you know, that not only does our government and other governments get heavily, heavily involved in crypto, huge institutions, heavily, heavily involved in crypto. I don't know. There's a little bit about it that just bothers me. It can't be stopped. We're not going to roll it back in any meaningful way. But, you know, there's not a whole lot that government touches that turns out better than when it started.
Starting point is 00:21:40 And so that keeps happening in the back of my mind. Like, you know, where does this go the more government gets involved, the more institutions get involved? We want to think the best. we want you know things like market structure bills to happen but you know it's a law of unintended consequences right there's always something lurking that you didn't think about you didn't see and there are outcomes that wouldn't have happened if neither of those two parties had been involved again not going to stop it but at the same time again something that I've said a bunch you know, two to three years from now, the conversations we're going to be having
Starting point is 00:22:26 about Bitcoin, about the space, are going to just be radically different than the conversations we're having now. You know, we're hearing a lot about lending against crypto. That's starting to be, you know, a part of the conversation that traditional institutions that are adding crypto to their, you know, product base. They're immediately talking about lending, right? the SOFI guy that we just listened to earlier in this, the show. That was part of, you know, his pitch.
Starting point is 00:23:00 You know, we, the mortgages associated with Bitcoin and on and on and on. Those things are going to happen. But what are some of the laws of unattended consequences? I don't know, but I do know that they exist and. Yeah, they're going to get it wrong. Yeah, there's government. Yeah. There's going to be moments.
Starting point is 00:23:21 There's going to be moments to the upside. there's going to be moments to the downside. Like I think there's a real chance in 2006 we get some sort of gamma squeeze because you can't have this rush of billions upon billions upon billions, nearly trillions of dollars into the space when, you know, we're just, you know,
Starting point is 00:23:41 Bitcoin's a $2 trillion asset still, right? It hasn't gone to three. It hasn't gone to four. It hasn't gone to seven. It hasn't gone to 10, right? So you've got this amount of capacity and you've got nearly every meaningful banking institution and wannabe banking institution
Starting point is 00:23:59 trying to jump into that $2 trillion bucket as quickly as possible. So what happens? I think the positive outcome happens first and then we'll see what the fallout is. Jet Park, you know, six, seven months ago laid out the thesis for a gamma squeeze associated with options and now perpetuals
Starting point is 00:24:20 that are everywhere. you know that that's a real thing so it's a you and i talked off camera before that you know this week not a lot has happened uh there can you know malaise in the space a little bit boring um that's the case but don't ever get bored with bitcoin because you never know what's around the corner in terms of price movement i'm bored i'm selling it all yeah i don't think you are i think you're doing i'm trying i'm trying to aggressively buy it uh use you probably good before we get to that big 61% of institutions plan to increase their crypto exposure despite October's crash was it even a crash or down like three or four percent no like how can
Starting point is 00:25:04 you be crashed at 104,000 anyways there's a smart money buying the dip but here you go what are your future crypto allocation plans 61% increase only 4% decrease 2% undecided and the rest of them are maintained 34% I don't like who are those people? people. Why do you plan to increase or maintain your crypto asset allocation? Overwhelmingly, expectation of higher future returns. Yeah, for sure. Good to know that institutions are just like us. Yeah. Because you can tell me that you're part of that NFT community you love because you are your lazy lion and your lazy lion is you. But you liked it because you thought the lazy lion was going to go up and that it didn't go. And now there's no community there. Right. That's right. Yeah. I mean,
Starting point is 00:25:51 It's very clear that the biggest reason that the institutions want is because I think numbers are going to go up and welcome. Well, I mean, you know, people forget about it. People want to talk about 2,025 performance of Bitcoin versus other assets, gold. Like that's been all the rage, right? Everybody wants to talk about gold versus Bitcoin, 2025. Well, 2024 exists. Go and do that math, gold versus Bitcoin.
Starting point is 00:26:18 Like, it was an absolute route, right? So financial advisors slash financial institutions, they, forever, as long as you and I have existed, Scott, when they present something to a client, they present performance based on three-year, five-year, 10-year results, right? Because those are meaningful numbers that are going to stack up. And they're going to tell their clients, three years is interesting, okay, it's a huge outperformer. five years. That covers a bunch of different moments where Bitcoin was down for a year. It was up, you know, sideways. So this is probably what it really looks like. In over a 10-year period, we're not talking about an asset that meaningfully outperforms just about everything. So that's the reason why the numbers you just showed exists, because they can have those conversations.
Starting point is 00:27:08 They feel really good about those conversations. Whereas with gold, you're going to have one year that outperforms, but I don't think anybody, there may be a small percentage of people that think that gold's going to do another, you know, 100% next year. Like, that just doesn't, just doesn't happen. It's not really. It's going from, it's going to be like a $50 trillion market gap. Yeah, well, that's going to be, it's going to go from $4,000 to $8,000, right? What world do we live in with $8,000 gold? Full Mad Max? It's an expensive world, a very expensive world, and which we may be headed there associated with money printing and what, again, one of the fallouts associated with that. We're going to get lower rates.
Starting point is 00:27:56 And based on, again, political environments, you know, we may find, again, with a new Fed chair and alike, there may be some meaningful adjustments to the flow of capital. and the you know again the the political party in charge wanting the flow of capital to to be sped up um so whether you like it or not whether you agree with one administration or not the idea as an investor is to make prudent decisions based on the you know the reality on the ground you know it would require a meaningful reallocation of capital uh-huh yeah tomley thanks for going to nine to $12,000 Ethereum by January. Listen, I love Tom. Which January?
Starting point is 00:28:48 Yeah. I'm so here for it, by the way. Like, we need this. This is the energy we need. This is the hair we need. I mean, Ethereum doubles between now and January. Everybody would love that. Because that.
Starting point is 00:29:04 Big Pointers would find a way to be super angry about that. Let's not go to the everybody. But so would other tokens that will not be named so the show doesn't turn into a reply guy. Oh, you're going to say it. No. Yeah, we did that already last week with tell me. So, again, that would be fantastic if it was the case because that means Bitcoin is significantly higher and everything else is significantly higher too. Because until otherwise proven wrong, generally speaking, the market's move in lockstaff.
Starting point is 00:29:37 happened in crypto. Now, I love Tom because he's often right. He's often right based on price alone versus timing. It's very difficult to make timing and price come together and be right on both. But from a pricing standpoint, he's usually been right. So don't disagree with Tom. Timing, that's a different conversation. Here's the reason it's mostly meaningful differently different. like what do we just talk about you know 20 minutes ago the government just punted to january 30th we're going to have this whole new government shutdown conversation again that's no they're they're going to just they'll pick it before then so it's not conducive to ripping asset prices at the time i i just that's that's tough for me to follow there
Starting point is 00:30:33 Scott, you know what you're doing with this title. Sorry. They're so mad today. They say our volumes are not equal. Like, whoever showed up today, they're feeling the same angst that I'm feeling right now about the fact that I haven't gotten a big enough dip for the large public to buy me any crypto in like three days. I mean, it's like, have you ever done heroin? I haven't, but I've heard about it.
Starting point is 00:31:00 I think they take it away for three days. I think it's a meaningful endorsement that you're now comparing our products to drugs. You know, I'm going to take it as that a positive. You know, I don't know if my co-founder and the CEO of our public would agree, but he's not here. No, it's not like that. But, yeah, I mean, you know, we've kind of been floating around just above 100,000. So obviously not much has happened. But I will tell you that we were able to buy all those lows.
Starting point is 00:31:29 Yeah, yeah. For a sweet execution. Yeah. You know, we were just, you know, this is the Salana six hour. We were bought right down here, 153, currently at 162. Go to the daily there. I mean, it's just been just been buying. Hasn't been much a selling opportunity.
Starting point is 00:31:45 We haven't gotten big bouts, but look, bought the bottom twice on Salana there on the daily. But the last time, I was like Thursday, man. It's like a whole other week. Yeah, it is a whole week. I need. I actually, it's, it's amazing. but I actually want dips. I don't want it to go up. I want lower because I will buy and I think it will eventually go up.
Starting point is 00:32:09 And I've added, I've added now to $250,000 in the account, by the way, from 100, if you want to know what level of excitement I've gotten about this. But I've got like $40,000 sitting in cash. What's going on? Well, so again, remember, I think it was last week of the week before you said you've gotten down to $6K in cash. And now you've got 40 grand in cash. So again, the tools themselves, they reshape the way that you think about your positions. They completely reshape it.
Starting point is 00:32:41 You're rooting for a little bit lower prices so you can grab a little bit more, reduce your cost basis, and know that on the way up, you're not going to be liquidating that position. You're going to be holding the lion's share of that position and benefiting from it. And so, again, whether you realize it or not, these tools turn you into a very, very, very, very smart trader. Because this is the way that hedge funds end up collecting positions. They don't go to an exchange and say, I want to buy 2.8 million shares of Nvidia. Can you fill it right now? That's not the way that they do it. they slowly they slowly edge in over a quarter and at the end of that quarter when they file their 13f
Starting point is 00:33:34 there's now a new position or an increased position in invidia on their books and they show it off to the world they don't show it off to the world while they're accumulating and nobody had access to these tools especially in crypto until now and so when we talk to clients and scott being one of them it's amazing to see i'm like the hair club for man guy yeah the way that you go through things where you're like you started out and you're like wait a minute it's it's going up and i'm missing the up and i but i wanted to do this missing up to now you're talking about i just want it to go down some more so i can get some more that that's what i that's what i want to happen like you get thrilled about the arrows to the downside versus the arrows to the upside that means your psychology as a trader
Starting point is 00:34:23 has been completely turned upside down for the good. And again, people can't, they can't emotionally handle buying dips the way that our products do manually when all the noise around them says we're just going lower. Everything's going lower. Like everybody on crypto Twitter, everybody was convinced we were going below 100K
Starting point is 00:34:50 and probably to 95 or 89. or 88. Still could. Still could, but it didn't happen when they thought it was going to. Did not close below 100K. Has not closed below 100K in like almost 190 days. I now get emotional about when I miss the bottom of buying a dip.
Starting point is 00:35:11 It's literally the opposite. I cheer for the dip and then I'm like, close lower, close lower, don't bounce until the candle's over. It's quite literally the opposite. Hey, you said you don't get triggered by people on the internet. internet, I want to see your immediate reaction. This Jerkov, always selling his product. Yeah, I know.
Starting point is 00:35:29 I mean, it's crazy that the co-founder would think that way. I mean, I can't imagine. I'm like the hair club for men. I'm not only an equity holder. I can't say founder, but I'm also a customer. Yeah, that's right. It is a, I'll never stop shouting about this product. Never stop shouting about it.
Starting point is 00:35:49 I think of the stories, because of the stories that I hear from people that say this has made a material shift in the way that I handle and manage. And by the way, next week, we're going to have on Matt from directed IRA again on the show. And, you know, you now have the ability to not just use this on a bunch of different exchanges. You can use it in qualified accounts and in tax filtering type of accounts like IRAs. So not only do you get the benefit of using tools that turn you into somebody who has a plan. At the same time, you're doing it tax-free, which is extraordinary and unheard of. So we cover as many bases as we can possibly cover so that people have as much opportunity as they can possibly have.
Starting point is 00:36:40 You know, Gemini, Robin Hood, Coinbase, and Cracken. So we've got it all covered there. Your funds are always liquid. You can have them whenever you want. We don't touch anybody's money. So it's, it's a very, very, Tillman and I have been through the wars, just like you have Scott, with all things crypto for a decade, let's call it. So we know the minefield, the minds to step around in a minefield. And we've done that with our firm and with our products in a meaningful way.
Starting point is 00:37:15 And oh, by the way, if you're the guy that said jerk off talking about his products in just go try and free man i dare you go try them for free and then tell me what you think afterwards because leave it up here yeah we don't we don't we don't talk about me yeah probably we don't hold back we don't hold back like special stuff from our warehouse of of tools for the highest level of our concierge program they give incredible service the incredible communication and they get access to new stuff for a couple weeks before everybody else does but everything else is in the free version you get access to everything you can set up 12 different versions of our tools and outgoes on the free version and use it for 10 grand every year um you could you could just say hey call i want to do what melker's doing
Starting point is 00:38:13 but i want to do in the free version our folks will set you up and make sure that's happening so yeah we don't nothing to hide nothing to uh not discuss. Stop selling your product until there's salinas going up. Yeah, that's a good, there you go. Up with time. In year from now, it'll be higher than it is today. I didn't ask you, Dickhead.
Starting point is 00:38:34 Which one of us is the dickhead? I'm having a time today. I think I'm a dickhead. We both answered. We both answered. Double dickheads. One has to wonder the type of people that spend time at 944 in the morning on YouTube, typing those types.
Starting point is 00:38:53 could be 6.45 if they're on the West Coast. It might be early. You got to get up early if you're going to do this right. Yeah. It could be tomorrow in the future if you're Australian. So that's all so. Yeah, yeah, they're not quite in the people. They might. Yeah, anyways.
Starting point is 00:39:09 He's in Australia, so that's where he is. He's an Australia, mate. Yeah, there you know. That checks out. There you go. How about you tell us where Solana's going to go since you're in the future? You're literally in the future. You're in the future. You're in the Salonata, dumbass.
Starting point is 00:39:23 Solana's going to be, my aunt. God, I don't even know. Like, how can you not make money in markets if you live in Australia? That's, that's so true, so true. It's like being Biff and going into the future with the little sports book. Uh-huh. That's right. That's right.
Starting point is 00:39:40 Back to the future reference. There's been a couple of new memes going around with, with Biff, young Biff and old Biff, seen him on Instagram or I don't know where. And if I like two live crew or something. Yeah. Yeah. We used to listen to. We used to listen to a MIF's like, what's thought? Man, the comments have been fun. You guys have been great in the comments. Forgive me for attempting to get more people to watch the show with a clickbait title that I didn't even read until it was 903. Andrew was witness to it. I literally like right before the show, I was like, Bitcoin and Cryptosurge 50%. I was like, wait a minute. Price is up 50%. What the hell?
Starting point is 00:40:19 We had to look into the articles, which I was still opening. to read, you know, because I prepped so heavily for the show today, as you can tell. And it was about adoption. Something that needs to be. Adoption is more important, actually, because adoption will lead price, so shut up. Something that is a prediction on the future,
Starting point is 00:40:34 50%. Something that needs to be mentioned before we go, we are having a pretty significant pricing opportunity with our concierge program right now. You know, it's a run-of-the-mill sort of Black Friday promotion, but it's, you know, it's a 40% number. So if you've ever
Starting point is 00:40:52 wanted to be in the concierge program or you're at a certain tier you want to get to a bigger tier unique pricing right now for us and people should take advantage of it what he said and you can do all of that here the baby's crying but at least it's not someone banging in the basement yeah they're uh they're not here this morning so um see the guy who's calling us dickhead says thanks for the show he was just kidding and we're kidding see This is, it's just worth noting, like, this is the way, like, what we just said, what these guys said, Callios Jerkoffs, Dickheads. That's how I communicate with my actual friends.
Starting point is 00:41:32 Yeah, yeah. I don't know if you guys know this. Like, now you can't say things, but, like, I was with two of my friends at a 50th birthday party in New York City this weekend. I didn't say a nice thing to any of them. My best friends, we all traveled from around the country to go. And I just, we just relentlessly made fun of each other because that's how people from the 80s show love. Yeah, welcome. Welcome to Gen X, my friend.
Starting point is 00:41:54 That's just how we talked to each other. That's how we grew up, right? I mock them. You're old, you're fat, you're bald, like poor. It's fucking awesome. I mean, listen, we're the generation of wedgies and, like, a bat to the back of your leg when it's baseball practice. Like, that's how we live. Like, yeah, like, yeah, like.
Starting point is 00:42:17 Rat tails? Wow. Yeah, rat tails and cup checks. I mean, that's, that's the world that we come from. That was my friends, my best, like, a college friend, his favorite joke. If we're talking about cup checks for those who don't know, he would just walk up to random people and say, hey, what's the capital of Thailand? Of course.
Starting point is 00:42:36 And they would say, Bangkok and stop them in the nuts. So that's, you literally go to jail for that. Yeah. And then they'll elect Mom Donnie. Yeah, if, point being is a reply here or there that doesn't completely. holistically agree with us probably not going to make much of a dent let's just put it that way yeah that's how real friends communicate bring it back anyways guys you should go check out the discount um and if you don't want to like honestly we don't we don't like you or care see see what
Starting point is 00:43:08 i just did there it was funny i actually like you guys it's the opposite i think you guys are wonderful i'm going to let andrew go hang out with sloth in his basement uh get ready for crypto town hall i realize we have a problem though I literally cannot end the stream. You can't end it. Because we never went live. Yeah. And therefore there is no button to end.
Starting point is 00:43:32 I can go live. Yeah. But you can't end, right? I'll see what happens if I go live. But Andrew, we're going to sign off. I'm going to bring you off camera so it's not super weird. And then I'm going to bring myself off camera. I'm going to play the little music.
Starting point is 00:43:46 And then we might just awkwardly, like, be here. Just like you guys know. Thank you, Andrew. Everybody have a good week. Better, guys. See, it's not even going to do it. I'm trying to hit it.

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