The Wolf Of All Streets - The Worst Year For Crypto Is Over | What Will 2023 Bring To Bitcoin? Molly Jane Zuckerman, Crypto Wendy & Miss Teen Crypto

Episode Date: December 29, 2022

This is the last stream of the year! My special guests Molly Jane Zuckerman (CoinMarketCap), Crypto Wendy, and Randi aka Miss Teen Crypto, come to discuss what 2022 was for crypto and for them personally and professionally and what they are expecting from 2023! Molly Jane Zuckerman: https://twitter.com/MollyJZuckerman Crypto Wendy: https://twitter.com/CryptoWendyO Miss Teen Crypto: https://twitter.com/missteencrypto ►► JOIN THE FREE WOLF DEN NEWSLETTER https://www.getrevue.co/profile/TheWolfDen Follow Scott Melker: Twitter: https://twitter.com/scottmelker Facebook: https://www.facebook.com/wolfofallstreets Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #trading Timestamps: 0:00 Intro 4:30 What was 2022 for crypto? 7:50 Crypto is still a bubble 14:00 Hacks in 2023 22:00 Future of CeFi 29:00 CBDCs 40:00 Growing sectors in crypto 44:30 What will drive the next bullish narrative 50:00 Gensler 54:30 Bold predictions for 20223 The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

2022 was arguably the worst year in history for crypto. Some will tell you that Mt. Gox in 2014 was worse, but let's be honest, 99% of the people in crypto weren't even here in 2014. I think for most of us who have been around since 2016-17, it's hard to imagine a year being worse than 2022. We had obviously a slew of arrests, collapses, hacks, exploits. We really exposed all the cracks in the space. But the good news is that gives us the opportunity to improve and to fix things going into 2023. I have an incredible panel today. You know that every Thursday we do these roundtables.

And this will be available, of course, on Spotify and Apple Music later today. I've got Randy, Misty, and Crypto, Wendy O, and of course, Molly, Jane. We are going live now. You guys don't want to miss this. Let's go. Let's go. as they see fit. You can even choose not to hit it at all and you're still allowed to stay and that's okay. Guys, as you know, we are now sponsored by PrimeXBT. You can check them out down in the description. We've got the scrolling thing that will tell you what to do that I don't want to read because it takes a while, but please check them out. If you are going to trade, it's a great place to do it. If you're going to hold and custody your assets, it's a terrible place to do it just like every other exchange. Please don't do it. Please don't do it. Please self-custody. If there's one lesson, speaking of 2022,

that we all should have learned by now, it's that exchanges have a very specific purpose, and that is for trading. And beyond that, that's about it, right? When you go to your stock trading portfolios and things like that, you don't expect them to be your custodians and bank accounts as well. You go there to trade and that's how you should trade, treat crypto exchanges as well. As I mentioned, we have an incredible panel today. I'm just going to go ahead and bring everybody on. We got Randy, Misty, Wendio, of course, and Molly Jane Zuckerman. If you guys don't know them, you should by now. Molly, I think this is actually your first time on the channel, although we've talked quite a few times. She was the head of news at Cointelegraph, now is at CoinMarketCap doing basically everything, right? So welcome here for the

first time. You are right. I called you the CEO and you said it was fine. I mean, don't quote me on that. Okay. You quote me on that. Put him on that. 2022. If the news is real, it's not news. And of course, Wendy O, everybody probably knows by now, I believe still holding the title of most popular female YouTuber. Is that correct? Do you still hold the title?

I'm the largest mom run crypto and NFT channel on YouTube. Just kidding. I've never used my dad qualifications, but I'm going to start throwing that around. And Randy, of course, our Gen Z rep on the streets. How are you, Miss Teen Crypto? I'm not a parent, but I'm good. And I hope I still made it to the cut. Yeah, you're not a parent. She's my child. She's my child. I literally did a podcast.

Yeah, I did a podcast with Randy and her parent. I had her dad on to tell the story of how he initially got her into crypto. It was pretty incredible. I think he's here. I can see him. I think he's there. Yeah, there he is. Randy and Randy. It's hard to miss. So listen, him. I think he's there. Yeah, there he is. Randy and Randy, it's hard

to miss. So listen, let's start with a sentiment check. I think that's the best place to go. Everybody has a different perspective. You guys are viewing the market, I would say, from different angles. It feels like retail is just gone. Are you guys seeing any optimism or is it just pure pessimism, doom, despair? Randy, you can go first. We'll just go around the horn. Cool. I'm very optimistic, Scott. I'm always optimistic. I think despite the setbacks in price we had this year, there's still a lot of adoption that's being made and especially big institutions like Fidelity coming into crypto. They've been mining Bitcoin since 2014. JP Morgan, after two years of spreading funding, still spreading funds,

calling crypto tokens pet rocks he just hires patent proof for a crypto wallet hsbc coming into the metaverse now there's so many people there's so many big players coming into the space that there's no reason not to be bullish a lot of adoption has happened this year and it will continue to happen in 2023 despite the bad actors that we had to filter out this year. Yeah. Wendy? It's that weird week in the year to where we've all eaten too much over the last two months or last month. And we're just tired. And everybody's waiting for 2023 to come. And everybody keeps seeing all these mini altcoin pumps or these mini NFT pumps. And they think the bull market is back. And it is

in fact not back. So I hate to be the bearer of bad news, but I feel like everybody's just kind of chilling right now. Nobody knows what's happening with the market. Nobody knows what's happened with all of these cases, all these chapter 11 bankruptcies that we've had. So we're just kind of like coasting along. It's like, do you deposit money into an exchange and trade? Do you not? Are your funds going to be stolen if the exchange goes down? So it's kind of a really weird place that we're in. Not only do we have to worry about rugs and crypto and projects changing their tokenomics and them going bye-bye or exchanges going down. So I don't know. I feel like we need a little bit of time for people to regroup and get back in the swing of things. So hopefully after quarter one

of 2023, we start to see some more people come in and get excited. But I will say the NFT ecosystem is doing pretty well. And those guys are very, very excited and optimistic about the future, as opposed to us crypto traders and folks go ahead right okay so my perspective i'm going to base just off of coin market cap data because because we get everyone interested in crypto coming to us i always see what the sentiment is by how many visitors we get each day and over the past year it's not going down. It's still going up. I guess it's like people are like to watch a car accident or a train crash.

They just keep going to our site and they stay for a long time. And so that just makes me feel really positive about the future because I will only start to be a pessimist if people stop looking at Bitcoin's price on my website. And as long as they're still doing that, I feel like that means they're stop looking at Bitcoin's price on my website. And as long as they're still doing that, I feel like that means they're still interested in what's going on. And so, yeah, I think logically, if you look at what's happened, there are so many Chapter 11 bankruptcies, I couldn't even name them all off the top of my head. But people still check out Bitcoin's price. And so they're out there. People are sort of maybe watching in the background a bit more than actually actively trading, but they're looking.

That's really interesting. I want to dig into that just for one more second, because I'm actually surprised by that. And anecdotally, it seems like people aren't talking about it. The Twitter community is somewhat dead. And yeah, Wendy's raising her hand. I can see. But perhaps that means that we're being sort of influenced by the media perspective on it and not by the actual metrics and what's happening. Well, we all are in a crypto bubble. You know, what we see on Twitter is what Twitter feeds to us, which I'm assuming based on everyone on the show is the algorithm of crypto stuff. You know, I actually have a separate Twitter, not for crypto, just to sort of keep those

things separate. And so I think if you look beyond the really sort of diehard crypto folks, you get the rest of the world that might not necessarily know what a DEX is, but they know what Coinbase is, you know, and those are the people that are still around. They might, I mean, okay, everyone's heard of FTX by now. I definitely think they heard of FTX. But the three commas thing that's happening today, they haven't heard of that. That's not going to change their mood about crypto in any real way. Wendy? I was going to comment on that. I feel like that that data is very interesting with all the traffic you're seeing over on CoinMarketCap because I do TikTok, I do

Instagram, I do YouTube, I do Twitter, and I pay attention to analytics. That's what I like to do. I like to dissect them and see how it's impacting the algorithm and all that stuff. Of course, it's like I'm not using any fancy Excel spreadsheets or any of that stuff, but I like to look at the data. I compare the views and whatnot. And so my views are down a lot on TikTok and on YouTube. Engagement on Twitter is down a lot. So that to me, it's very interesting that people are still actively using CoinMarketCap and checking prices and visiting when like content creators are views are down. So I just think that that's a very interesting metric because I would have assumed that you would see a downturn in people using the platform. So I think that that's interesting.

It's not like we haven't seen a downturn. Like that would be, but it's not as bad as I thought that it would be. Like it's still many hundreds of millions a month. And I just, based on what happened in crypto, I'm surprised. Like why are they there? So it's basically slowed.

It's slowed, but it hasn't reversed by any metric. I mean, Wendy, anecdotally, the same thing you're saying. I mean, listen, you can look at the views on any YouTube channel, how many people are live. It's all down 75. It's down relative to the price of Bitcoin, Ethereum, or your favorite altcoin, right? This is down 75, 80%. I will say my channel did hit 100,000 before Bitcoin did.

So yay. And Miss Teen Crypto, Randy, your channel is going to hit a hundred thousand before bitcoin does as well i hope so i'm grinding away every single day i try to go live for the misteen crypto show one to four times a week i do like my 12 p.m eastern show four times a week it's a grind and i think you know i've been seeing a lot of like increase in and stuff um and growth in my channels since the bear market so i'm i'm actually grateful for that because i've been able to continue building and just make connections but i do think that based on what i've seen at least from gen z side i think a lot of people are still

interested in crypto i think they're just not sure when to buy i think that's probably the biggest question because a lot of people were willing to cut off their pinky toe when bitcoin was 69k and they're like i'll give you my pinky toe for one Bitcoin. But now I don't think we're seeing that as much. But people are confused. They're like, should I buy now? Should I wait for 10K like other people are calling for? I think this is a very weird time, like Wendy was saying. Yeah, I think it's an extremely weird, weird time to say the least. And I tend to agree with Wendy that we are still in the depths of the bear market, regardless of these individual sort of movements. We've always seen these little bubbles or movements within even the worst of the markets where some things are going up and

some things are going down. But I think in context of the macro and everything we've seen in 2022, it's way too early to start talking about a bull market again. But that said, 2023 doesn't have to be a raging bull market with price going back to 100,000 for it to be positive. I mean, I think there was so much negative in 2022 that now it's sort of the onus is on us as a community to clean that up in the eyes of governments and regulators and to hopefully give them a reason to give us sensible regulation.

I mean, do you guys think we're going to continue to see these massive, you know, the Ronin hack, wormhole hack, mango markets? Obviously, Abraham Eisenberg is probably going to jail. Sam Bankman-Fried. I mean, do you think that we're done with this nonsense or do you think that we're just starting here? Not at all. A lot of head shaking.

Anybody can tell. No, I mean, no, we're not done with it. We're literally in the midst of a bear market. People were not properly trading. They weren't properly using risk management. They were storing funds on centralized exchanges. Plus all the collateralized loans we have. We don't have a lot of public data of how many liquidations there were. We also know we haven't seen minor capitulation yet. So there's still going to be some crazy things that are going to happen, which is really sad. And I also do know for a fact that we are going to get a lot more heavy regulation being pushed on quarter one, 2023, maybe even into quarter two of 2023, because all the regulators,

all the public servants are like, oh my God, we have this big collapse of this international exchange that wasn't even legally allowed to operate in the United States of America. We have this exchange token that't even legally allowed to operate in the United States of America. We have this exchange token that wasn't even allowed to operate in the United States of America. But we have to go after it because we have to protect retail. So we're going to see a lot more of this drama come out and play. We're going to see a lot more people get in trouble. And we're going to see a lot more people do stupid things. And then somebody, you know, obviously probably after Bitcoin happening until, you know, Bitcoin completes

its four year cycle. And that's the, that's still the cycle that we're on until proven. Otherwise, just like nobody can actually really call a bear market or a bull market until we're actually in it. The few people that can, congratulations, you're a savant. I know that I'm not the best at doing that. And most people are not either. But I just think that somebody is going to end up creating something really, really cool. And then it's going to take off just like we saw all those meme food tokens summer DeFi summer of 2020,

which we all remember how insane that was. I was on vacation and I just saw like tendies and yams and broccoli and chicken sandwiches, like all these coins pumping. I'm like, I totally forgot about that. Macos and yams. That was,

I mean, there was three months of yield farming and food coins. It's insane. It was Thanksgiving and Christmas in the summer. Yeah. I mean, people were making an insane amount of money, but anyone who was left holding went to zero, which seems to be sort of a theme with anything not named, I guess, Bitcoin and Ethereum at this point. But Wendy, I tend to agree. I don't think it gets worse necessarily as far as price, but I think it gets worse before it gets better as far as filtering out the bad actors and fixing all of these things. Molly Jane, do you think that we're going to see less exploits in 2023, that we're going to see

improved security, or do you think that now it's just starting i don't think anyone has learned their lesson yet like i think people are not fully understanding based on um you know i thought that after luna i thought luna would be the biggest story of the year that to me was the beyond all of the year actually going back even further i thought that the rattle con bitfinex hack would have been the story of the year yeah i thought that even happened until you just mentioned it also if you remember this year also laura shin's book uncovered the dao hacker from that was also this year there were so many big things so many big hats yeah 2021 sorry 2022 um yeah so all these things happened and it just it just kept on coming um so no I don't think that any DeFi platforms are are you know now what's the word like immune for

being hacked just because it's 2023 and everyone should have learned their lesson Wendy are you gonna yeah I want I want to say like okay so what the whole like because you're're talking about this, so that my mind's going off. And we talked about this on my show off. And we talked about like, like, it's rumored that FTX and Alameda were behind a lot of these hacks and exploits. And you know, a lot of the a lot of these projects, you know, stuff happening, a lot of money laundering happening on different chains, and then REN shutting down. And it's also rumored that they were laundering funds through that. So it's going to be very interesting to see as the investigation continues, what else was done and how far the crypto contagion really, really hit.

And if you guys remember Sam's thread, he said that he's going to be calling out one of his opponent. What did he say? It was his opponent or somebody else, another player in CZ at the time? Certainly he said the time is, you know, something to the effect of the time is not now, but you know, one day there'll be a time to air the dirty laundry. I think Molly Jane, her, the implication there, I saw you shaking your head and say you hadn't heard that, but is that basically Alameda trading and shorting was behind a lot of these collapses, which, uh which unironically, I guess, eventually led to their own collapse when

the market was behaving so poorly. Well, there was a lot of the, I'm still waking up right now, like a lot of the derivatives and the synthetic stocks is you're able to kind of manipulate the market. If you have enough, you know, power, you've got enough money to do so. And that seemed to be what they were doing with some of this stuff. Because you remember if you create, let's say, for example, you have an Ethereum based token and then you bridge it over to, you know, Binance Smart Chain or whatever, you can kind of manipulate the market that way. Yeah. I mean, I literally just pulled this article up on Blockworks as we were talking here. Crypto thieves made off with 4.3 billion in 2022. Right. I mean, that's a big number. And obviously the largest hacks, Axie, Infinity, Ronin, Wormhole, Nomad. I forgot about Nomad. I literally am not sure I've ever heard of being stock farms. And it's one of the biggest hacks. And of course, Wintermute. But I mean, these are massive, massive things. And I haven't personally seen anything that gives me an

indication that they've fixed the problems with these bridges or that the hackers are not way ahead of the security experts. It just seems like it's such a Wild West situation. Honestly, I think a lot of the hacks, if you really look into them, they're really silly mistakes that should have been caught earlier. And I think a lot of people that, you know, were said to be involved, like from the teams of these actual projects that maybe caused the hacks and took the money for themselves. You know, we heard a lot of speculation, but who is held accountable? What person was arrested from any of these hacks? Even when even the Ronin hack, for example, they said fbi or one of the three-letter agencies was getting involved but did we ever hear back from that no

so it makes me think that maybe these hacks weren't an accident which is something we also have to filter out is the teams behind these and what actually happened and someone needs to be held accountable yeah honestly no one noticed it for like six days on the team. Yeah. I remember. But the team, didn't the team where someone calling out a few days before and said, shouldn't you guys pay attention to this? And they said it wasn't a big deal. And then they were like, Oh wait, no, it is a big deal. I think that's what happened.

Something similar. Random people effectively noticed it and warn them and they dismissed it as a non-issue and it just continued to drain for days. How much money do you have in order to lose that much and not even pay attention? Or I guess- I don't know, ask Sam Bankman-Fried. He had an accounting error for $10 billion, right? So just a casual account.

I just put a line wrong in QuickBooks. You know, it really- But that's what he said, right? They do the Excel spreadsheets for a multi-billion dollar company. Well, this is the thing I have. Can you actually use, okay. So the Excel spreadsheets for a multi-billion dollar company, that's a no for me, but with QuickBooks, do they have, no, I'm just asking. Cause I, I don't know. Can you actually use QuickBooks for that? Because they might, they might have software that is created for large companies. However,

when you're talking about a crypto company or something that's similar to traditional finance, that might not work. So I don't know. You can use QuickBooks to balance your accounts and manage them. But if you're managing billions of dollars, generally you have a very large team of accountants from a very reputable firm who are looking over your shoulder and making sure that's all okay. You're not just doing it from your apartment on your local PC, even for security reasons. And it's just an astounding, astounding, but now you look at it and you know that if you're going to like actively do fraud, you're not going to have an accounting firm looking over your shoulder as you do it. But at the same time, like who allowed that? Like, you know, we're supposed to, this is why I'm not a big proponent of regulation because we have

all these regulators and are they actually checking into this type of stuff? Like the fact that SBF and people from FTX and their like all of that stuff, the fact that they're meeting with U.S. regulators and about creating regulation for crypto exchanges, which, again, you guys, crypto exchanges are not cryptocurrency. A crypto exchange is like a service provider. It's a third party. It's completely separate. But the fact that they were meeting with these people and these people did not actively say, well, what do you use? What do you use? Like if you're supposed to be talking about compliance and doing things the right way, setting up regulation and they're not probing into what you're doing or asking questions like, how does that question not get asked? This is why I'm a

proponent for regulation, because I don't think it's going to get done correctly. What they're going to have to do to make it done properly is they're going to have to create a third like a separate entity that is just for crypto nfts bitcoin blockchain all however that works out and they're going to need public servants that are not currently serving in other positions and they're going to need folks from crypto that are very you know a whole lot smarter than me to really make sure that this is done properly and actually made i'm going to be dropping a video later today on what i would do if i was a public servant, but go ahead, Randy. I think, you know, another thing we have to consider, especially with the FTX thing is how

deep this was, right? Like he met with Gary Gensler. And then on top of that, they had a bunch of other plans to essentially just like create a federal bit license. And I think that's where it all really started was because Ben BitBoy was saying was saying hey like i want to do this pro crypto bill and then brought it to sbf and sbf held his bill and then created like the anti-bitboy bill and i think that's what we also have to pay attention to is what was going to happen which was a federal bit license and something that was anti-defi anti-decentralization and anti-peer-to-peer payments so i think we also got saved amidst the the madness. So that's another thing that I just felt like that was really important that people are forgetting about because of all the noise from the SBF case. So we avoided something big. I think you could also make the argument that as

bad as the FTX collapse was, it's better that it happened earlier and that this wasn't three months later, six months later, a year down the road as they continued to grow. I can certainly say as a Voyager creditor, I think we dodged a major bullet not having FTX buy the assets, taking them and moving them to FTX and going into a second Chapter 11 bankruptcy with a worst situation. But that obviously brings up CeFi. c5 uh do any of you think that c5 yield generating platforms like block 5 voyager vault celsius have a future do you think that we're going to make that we'll call it a mistake again or that there's a way to do that responsibly or do you think that c5 is completely dead because that is probably the biggest story of 2022 molly j you can go first oh Sorry. My bad. Putting me on the spot. I mean, I dabbled in some of those platforms, the ones that were accessible to me as a New Yorker, which is like, honestly,

not that many. And I put a tiny, tiny bit of money in. And then I, a month later, took it out because at the time I thought if the yields are too high, I don't understand how this works. And this was, you know, a while ago, maybe like 2019, 2020. And I don't know. I just, I think that now that everyone has realized, you know, the phrase, if you don't know where the yield comes from, you, you are the yield. I don't see them coming back in the form they were before. I just, I don't know where the yield comes from, you are the yield. I don't see them coming back in the form they were before. I just, I don't see that. I think everyone realized they are the yield. Wow. That was so good. We're the yield. I didn't know you really started right

now. It's an old poker quote. If you sit down at a table in the first few minutes, you can't identify the fish at the table. You are the fish, right? You're the dead money. down at a table in the first few minutes, you can't identify the fish at the table. You are the fish, right? You're the dead money. So it's kind of the same concept. It makes a lot of sense. It is true. I mean, we can also extend that to, you know, advertising.

You are the product, right? We've all seen it when anything is free that obviously they're monetizing our data. But Randy, I know you had some thoughts there. I think doesn't Coinbase have some sort of interest or you can get some interest on Coinbase? And I know Gemini, I don't think their earners program is up anymore, but I think Coinbase has something. Coinbase proposed an earned product to the SEC. They came in as Gary asked them to. And not only did they say no, they just threatened them with litigation.

But USDC Circle does have a yield program for accredited investors, which I believe potentially you can access in some way. But yeah, Coinbase does not have yield directly. Yeah, they want us to make money. I think that's why DeFi is probably the most important thing, because these are smart contracts. These are actual people that are involved in it. So I think that DeFi, this is a huge catalyst for DeFi. CeFi going down, all these interest platforms going down, it's probably the best thing to happen for DeFi. CeFi going down, all these interest platforms going down, it's probably the best thing to happen for DeFi. This is the thing. I like CeFi though.

I think that CeFi is very important, especially for brand new people. The problem that we face, the problem that we had though, is that we had these companies that were essentially licensed and regulated in the areas that they were allowed to operate. Like with Celsius and Voyager, I don't think in New York you could have used those platforms.

No. So that's the thing is like these, it's like the, and again, I'm going to keep place, I'm going to keep throwing this back. I'm not going to place blame on the public servants because we're supposed to be in crypto. We're supposed to have read the Bitcoin white paper. We're going to, we're supposed to know about how important it is to own your own money, to store your private keys, you know, all of the, all of that stuff. So this is, again, this, a lot of this stuff was our fault for kind of getting complacent, but I'm going to toss this back to the regulators and say, if crypto was so dangerous and there were so many problems with

this and there's so many red flags, why didn't you make it harder for these companies to operate? And why weren't you asking for more transparency? Because that's really what happened, is they sat around since 2017 and did absolutely nothing. All they did was waste taxpayers' time and money and not do their jobs. That's what they did. And then they go and they slap BlockFi with a $100 million fine saying that they were giving out unregistered securities after the fact. Scott, you're a parent. Would you punish your child for doing something? Let's say, for example, your child threw a pen at you and you never told them you're not allowed to throw things, you're not allowed to throw pens. Would you punish your kid after they did that if you didn't tell them?

Only if it's six months later, like the SEC. Obviously not. Yes, obviously not. It's an opportunity to teach the lesson and make the rule, which the SEC, as you sort of eloquently put, has failed to do. You can make the argument. I know you're not willing to say that it's their fault because the onus is on us as crypto advocates. I'll say it's their fault too. I'll say it's their fault too. Yeah. I mean, none of this would have existed offshore if we didn't have clear regulation in the United States. But at this point, I don't have the level of optimism that we're going to get regulation in 2023. I think it's a hot topic right now, but I think this have the level of optimism that we're going to get regulation in 2023. I think it's a hot topic right now, but I think this is the United States government we're talking about.

How sad though, like how sad is that we've really like distorted this view of capitalism. Like capitalism was supposed to be for the immigrants coming here for like the underdogs coming to America to create a better quality life, like the mom and pop shops. Like that's what capitalism is to me. To me, there's a big difference between corporate capitalism and capitalism for entrepreneurs, like the, like the little guys, like the, like the shoemaking shops or the, you know, the taco shops, all of that type of stuff. Like that type of capitalism is a beautiful thing. When you can go into underserved community, you're born and raised there and you create this really dope business and you thrive and you're, you know, bringing revenue into the community.

Like that's really amazing to me, but but United States has just really killed that off. And it's just a sad thing to see because we had, you know, we have this opportunity and I believe it was Hester Pierce that introduced the, you know, the positive crypto regulation, the safe harbor that she wanted to pass. Like we had, we had really good ideas to help this industry thrive, to bring in more revenue to the United States. And also too, like blockchain is a great tool for actually seeing for transparency, seeing what people are doing. Public servants don't want that because they don't want us to know where they're getting their money from, how much they're getting paid, all of those things, or where they're spending the money. So that's where the problem lies is I feel like they stifled

innovation and they caused a lot of harm to retail and consumers because they didn't want to get exposed. That's just the way that I'm seeing it. I agree a little bit. Yeah, that's like so spicy, but I agree. I think it's a huge part of stifling innovation, especially because if you were listening to the Senate hearings, one good question that they asked is it was like they were fighting crypto for a moment and they're like, but what about U.S. dollar dominance? And I think that's what it all really boils down to is they're scared of Bitcoin and cryptocurrency going too far that the US dollar just completely dies. And I think we're already seeing that inflation is taking a toll on the dollar. Our purchasing power is not as strong, which is already a great catalyst for Bitcoin being

that there are only 21 million Bitcoin that are going to exist. However, I think if you're, of course, stifling innovation, you're pushing people from stopping on building on blockchain and stopping people from creating great things. Obviously, we're going to go somewhere else. And then the US dollar is going to diminish anyway. So I think they're going to have to step up. They're going to have to embrace blockchain. But I think they just don't have a great understanding of what it is. Also, they're cooking up the CBDC. So that's another thing that they're trying to work on while figuring out what to tell us, while trying to tell us what to do in crypto, which isn't cool, but it is what it is. I think that's going to be the probably primary topic of 2023 is going to be central bank digital currencies.

I don't think they're necessarily in the United States, but if you look at the study and the amount that are under development or prepared to launch, I think we're going to see an extreme acceleration of that in countries all around the world. Do you guys think that central bank digital currencies are a positive for the crypto space? Or do you think that they are a negative? Do you think that will help adoption? Or do you think that they will hinder it because regulators will try to eliminate cryptocurrency in favor of their own central bank digital currency. Molly, you take this one. Yeah, I was going to say, because they don't bother me. You guys shook your heads, but they don't bother me. I just think that they can exist alongside crypto, just like fiat can exist alongside crypto. And as long as we don't confuse them with cryptocurrencies, because it'll be potentially on a private

blockchain. You'll be able to have, I mean, everyone makes that the joke where it's like, if you use a CBDC, maybe you won't be able to buy alcohol after 9pm or things like that, the government can control you with. That's if you choose to use it. And if you don't choose to use it, I think you can just keep on with your Bitcoin. Maybe that's like a too simplistic of a view. I also don't see it happening in America. So yeah, I don't think we have one. I think it's called USDC, right? I think that the United States would be more likely to partner with an existing stable coin that they feel like is well regulated than to go out of their way to create their own to some degree. But these other countries are way far ahead. I mean, Wendy, what do you think? Do you think that it's a net positive

or net negative? No, I actually used to be a proponent of a CBDC because I was like, this is cool. This is going to help people get their money faster. They're going to be able to send it back and forth faster, especially people that are on government aid. Like, let's face it, sometimes it takes a really long time to get that check to go through or if it comes in the mail, however that sent to you. And then we had the panorama that happened. People needed those stimulus checks. There was a problem with the stimulus checks. I was like, this is a great thing. But then when I started looking into it more and I started seeing what China was doing, and I started seeing, then you start seeing Vitalik talk about reversible transactions,

that defeats the entire purpose of blockchain. The chargeback idea, that's why we love blockchain, is because especially with small vendors, they don't have to deal with that. And that is a big cost. People don't understand one of the reasons why costs are so high in America is these big companies, especially the corporations, they have to offset theft and they also have to offset all the chargebacks and returns that they get because that is a cost to do business. So the CBDC, it just worries me that the underdogs are going to get the brunt of it again. And that basically means like if they're able to track every single thing that you're doing and let's say, let's say for example, you're 20 years old and you make a mistake. Cause let's face it,

kids and teenagers do really, really dumb stuff all the time. Let's say you rack up a bunch of debt on a credit card. I know that I did. Let's say you get a bunch of parking tickets. I lived in Hollywood. I got my toe, my car towed literally once a month because that's just what used to happen. So what happens if you have this type of stuff on your record and then they're like, we're going to deem you as a bad person because you had 20 parking tickets, you had X, Y, and Z and you didn't pay it back. And then they're like, okay, well, and you start a small business because that's what it is. And then somebody transacts with you and you guys sent, you do the P2P transaction thing. And then they, and then they mark the other person's account as

being a naughty account, just like with the OFAC sanctions with the tornado cash thing is that's what they were doing is if you received a transaction from somebody using tornado cash or tornado cash, touch that wallet, that's what's going to be a problem for your wall and your wall gets flagged and gets sent to the treasury or OFAC or whatever the heck. And that's going to be part of the problem that we're having is they're going to be able to track you a lot closer. And plus too, I don't want anybody knowing to go to Target at a certain time or knowing what I'm buying, knowing what I'm doing.

That's like a big problem. But again, it's not going to be transparent for the public servants. And if they want to integrate a CBDC, I would be for it if they tested it on the public servants and government spending first, because I want to know why I'm paying $3 million for a brand new stop sign when I know damn well it's only costing a local contractor a million dollars to install, because that's what they're doing. And that's, to me, is a bigger story. There is actual fraud that the United States government has been committing for years, and nobody says anything about it because we can't necessarily prove it, and it's not transparent.

I mean, I have mixed thoughts on a central bank digital currency, because obviously, I think that the evolution of technology necessitates that money go digital. Right. So I don't think there's anything inherently wrong with it. But it already is digital. It is. I mean, that's a fact. And I think that that's the direction you raise the proper issues. If it's a China central bank digital currency that allows for a social credit system and a violation of your privacy, it doesn't work. But a central

bank digital currency, that's just an improvement of cash, right? I don't think that's what's going to happen. Right. Go ahead. But my concern is, is like, okay, we're how much debt is the United States? And there's that little debt, cute little debt calculator that you can Google it on up. That's what my daughter Lo says. She's like, mom, Google it up for me. But so I say that now on my show, but what I'm saying is, is like, we have like 1.4 trillion. I don't even know how much debt we have. Like, I think it's like $1 gazillion we're in debt for guys. I'm just joking. Okay. But I feel like they're just going to completely wipe that out and reset that and then make make and then start from scratch. And then we're going to get stuck paying the tab is like the little plebs, like the little poor people, me.

And I don't want to do that. I don't want people tracking me like I get the need to want technology. But just because everything is evolving doesn't mean that you need to completely evolve to that. I don't think it's a good thing for society as a whole, because when they do pass that bill and they do make it into law, the bill is going to be like 10,000 pages and it's not even going to be it's not going to be in plain English. So we don't understand what's happening. And it's just going to be pushed through with all this other crap. And that's where it gets problematic. It's going to include tax subsidies for people who are for people that were producing corn or something. Yeah, of course course molly j you look like

you had a comment no i'm just laughing about the fact that it's like 2022 and or soon to be 2023 and no one can read a bill you know it's like it's like you'd think that we would we would improve our communication and how the government works with every year. And instead we're using language that is. Yeah. I mean, it was like for the last, this, this,

the omnibus trillion, which was supposed to just be a government spending bill was like 4,100 or 6,100 pages long. So it's obviously nobody reads it, but obviously. That's longer than a Stephen King novel. Gosh. That's like all of Stephen King's novels.

But I want to make the quick bullish case for a central bank digital currency, but for crypto, not for the actual people. I think that if a central bank digital currency becomes used universally, that it will teach people to transact digitally in a trusted manner. It will teach them to use a digital wallet, which I think a lot of people are afraid of, and teach people to transact digitally in a trusted manner. It will teach them to use a digital wallet, which I think a lot of people are afraid of, and teach them to send transactions. And then when they realize that it's a massive violation of their privacy and is just the government intervening,

that will push them towards Bitcoin and other. Is that too optimistic of a view? Yes. I do see what you're saying. And I said the same thing, kind of Scott that a lot of people like when I think they're already seeing that now, I think over the as Wendy calls it the panorama, you when you were going to the I remember, in my neighborhood, people were online all day trying to go into the bank, the tellers weren't there, of course,

because it was the panorama. And then you have the ATMs that were limiting you like $1,000 per month or something. And if you take out more than your money, more than five times a month, then you get a charge. If you have less than $50 in your account, you get a $15 fee. This is not fair. And we're already seeing that the accessibility to our funds is not the same. Banks are blocking your transactions to crypto exchanges because they don't want you to exit the system. So what's going to happen is they're going to say, no more, you can't buy crypto. You have to keep your money in your bank account, then transition it into this digital coin. And then you have to use it. And people aren't going to maybe, what if they let you leave the

system? What if they don't let you get crypto? That's the problem. I think CBDCs, of course, are going to teach us a lesson. People are going to have to say, hey, I want a decentralized alternative where I could transact with whoever I want, wherever I want, wherever I am at any time I want. I think that's the most important thing. And that's what we have to pay attention to. And I think even though, you know, there could be a counter argument like, oh, you know, the Bitcoin blockchain is transparent, but at least we own our funds. At least we're able to transact when we want. And if we want, we move our funds to a different wallet. We swap for a different coin and go from there. You know, I just think that CBDCs are closing us in and we're boxed into something that we really can't get out of. And once we can't get out of it, that's the end. Yeah, I think that that's definitely coming for

2023. Go ahead, Wendy. My immigrant grandparents, they did it best and they kept the money in the mattress. But what about when they stop accepting physical cash that's another thing like i love that people are like taking their money out of the bank there are people they're old people that come up to my dad all the time they're like well randy i took my monies out of the bank and it's under my mattress now and you know i'm like okay with that but at the same time what if they don't take your cash anymore i go to into stores all the time they don't want hundred dollar bills they're like we can't accept hundreds we don't accept 50s we don't accept fifties. We don't accept physical cash at all. This is coming. And that's the push for CBDCs. I'm going to open a shop and take cash. Yeah, exactly. But isn't aren't aren't isn't self-custody in a crypto wallet,

the 2022 version of our grandparents putting cash in their mattress? Yeah, we at least we have our private keys and that we could dig in the gold in your backyard. I mean, it is the same ethos but i so that's one narrative obviously i think is going to be compelling for 2023 wendy you sort of made the point that we're seeing these nft pumps and these small moves on altcoins but are there any trends you guys are watching we talked about defy summer of 2022 and we had the nft of 2021 that summer and then we had metaverse fall, you could say, when Facebook revamped to meta. Are there any things that are being built, any overarching

trends that you think could help carry us at least into a more positive market situation in 2023? Randy, you'll go first. Then Molly, I'm hoping you have something from CoinMarketCap maybe, or some idea from looking at the data that will help us sort of get an indication of that. Like maybe what people are actually searching and focusing on. I can actually pull it up while Randy's talking. I'll listen though too, but I can pull it up. Gaming. Absolutely gaming.

Gaming is probably one of the best things in this space because everyone's a gamer at some capacity, whether you're an older person playing solitaire with physical cards, you're like my aunt that plays Candy Crush, or you're my sister that plays every game under the sun. There's always a gamer somewhere. And I think play to earn or playing and earning or just owning and your property, your in-game assets and the tokens, I think is so important. And it's going to teach people a lot about economics, but it's also going to teach them about self-custody. So I think gaming is a great way to onboard people. And there's great games that are being built out right now. So I want to shout out gaming right now. I agree with gaming. I just hope that we actually get games that are worth playing. Remember when STOs are supposed to be the big thing.

Security token. Yeah, of course. Molly, did you get us any data? I did. I bought data. I'm quoting from as of yet unpublished data. The CMC end of year report comes out tomorrow. So alpha. Yeah. So I mean, on CMC, if you guys know or don't know, we break down our coins by different categories so we can see we even have a category for dog coins specifically like we get very specific it's we call it dog on dog roll some some joke that people don't always get uh anyway so if you just look and see where the sectors were had people actively creating new coins that were listed on CMC the most this year, it comes down to, I think, six. So BNB chain ecosystem, obvious, that's pretty obvious.

The next ecosystem is the Polkadot ecosystem, constantly getting new coins added. Then we get the Dog on Dog rule, meme coins, and then DeFi. So these are the sectors that CMC has seen the most number of new coins added throughout this year. The least successful, let me rephrase this, the least popular for new coins in all this whole year, AI and big data, which is surprising, honestly, with everything. That should be where we're moving. Asset management and masternodes. And masternodes makes sense because those are just kind of like a DAO, but not, but kind of, but not. And they're a pain in the butt to set up. I spent an hour and a half yesterday setting up. Yeah, I think that's just being sort of eliminated by better options. But go ahead, Wendy.

One of the, and it's, I know that, like, I knew that you were going to say that was Binance Smart Chain. That was number one, because on TikTok, when you go to the hashtag TikTok, by the way, I know people in your audience are going to get pissed off at me because they always do when I say this. TikTok SEO is actually taking over Google SEO and people are going to- I believe it. Yeah. People are going over to TikTok to gauge what topics are trending. With crypto, it's kind of hard because we don't have a lot of crypto content creators. I feel like I'm one of the last ones standing over there. But like Binance Smart Chain,

it's got millions and millions of like under the hashtag. Like it's absolutely crazy. And that's what I could tell what, like XRP is one of the biggest ones. It's XRP and it's Binance. It's BSC that is there. And then I'm trying to get mine up. I think I'm at 14 million.

But yeah, I'm going to search it right now while you guys are chatting. Yeah, that does not... Honestly, Molly Jane, I'm not surprised at all. But after a year of such nonsense, it doesn't give me great hope that it's meme coins and dog coins that are still dominating. They're still there. They're constantly dominating. We get a lot of people. I will say, scrolling down more alpha, people that actually comment on things on CMC, like that actually chat using our comment section, they're mainly talking about smart contracts.

That's good, right? I think we want to know, but I think that, so one, obviously the coins being listed, I think is not necessarily indicative of what will be the most popular because let's be frank, a lot of BSC coins, people literally are just creating scams and sending them around and trying, they dump it into your wallet and hope you'll interact with it. They're never going to stop creating dog coins, right? You're going to have Doge, Elon, Shib, Elon, Doge, or any combination of those five to six words. But that's interesting because if people are commenting and actually talking about blockchain and the use case and smart contracts, that gives me a little bit more hope for the next year. Binance has 2.1 billion views under their hashtag. For a crypto company on TikTok to

have that, that is insane. They have 2.1 billion views. And this is even after the FTX drama. FTX only has 496.6 million views. And this is after all the headlines. So that just tells you what people are doing and what they're paying attention to. And this is TikTok. But what do we think then? Is it a move to DeFi because CeFi collapsed? Is it the proliferation of NFTs becoming massively popular? Again, what could drive, and it doesn't have to be in 2023 what could really drive the next bullish narrative it's 100 what was to what randy said was the was nfts web three metaverse play to earn it's going to be that entire ecosystem and the reason why is like scott you and i we trade and trading is hard it's not easy and most people are not good traders most

people are not good traders. Most people are not good investors in general. They don't know when to take profits. They don't create trading investing journals. They just buy and they just want to hold forever, which I don't care what your strategy is, but you do have to have an entry and exit in a place where you're willing to cut. I don't care if you want to hold Bitcoin for 30 years, you still need to have that written down. Like if you don't have that, it's just silly at this point. But the thing is, is NFTs are so easy to get into because you literally buy and you hold and you're part of the community and you don't have that it's just silly at this point um but the thing is is nfts are so easy to get into because you literally buy and you hold and you're part of the community and you don't have to take profit you actually get bullied if you take profit and you sell particular

nft so i feel like i feel like that's going to be a big a big catalyst again as we're going to see that happen because in my opinion from from watching analytics and watching what's happening on twitter like 2017 2018 bear market we didn't have twitter spaces we didn't the only way that we had the only really real way we had to communicate with each other was just trashing each other on crypto twitter um you know you if you got your information from youtube well i know but it was so bad like with twitter spaces at least at least at minimum like at least it's getting some of the toxicity out of the private spaces. But if we didn't have Twitter spaces and if we didn't have the NFT run, if we didn't have NFTs, I don't know if Bitcoin would

have actually hit $69,000. And my theory behind that is, is people were injecting capital into NFTs and then they were selling, trading, taking profit, dumping into Ethereum, buying Bitcoin. So essentially it kind of helped push it up. So in my personal opinion, I think that that was a big catalyst to kind of prop up the crypto market. And then on top of it, like I'm not excluding all of the terrible things that Three Heroes Capital did, FTX, like all of these crazy companies that were just over leveraged and over collateralized, but are under collateralized, however you want to say it with whatever the heck they were doing. I have another trend to throw out because it's what the research team at CMC has been discussing is decentralized social networks.

Could that actually happen in 2023? Yes. Like an actual product people would use every day, like Twitter. I could see it. I could see it. I don't know how exactly that would work out because the tokenomics, especially with play to earn gains, one of't know how exactly that would work out because the tokenomics,

especially with play to earn games, one of the biggest faults I think in that industry was the tokenomics. And a lot of the economies within the games were not like stable. Like if you were to say, Hey, 10, 15 years out, there's a million, few million people playing this game. What would the tokenomics look like? And you just couldn't figure that out. So I think that's a lot of what the social media part would have to figure out. There was one that I came across that was pretty cool. It was like a TikTok type thing. And you had to buy, you were given like free NFT glasses. And with those glasses, you were able to scroll. And as you scrolled, you earn tokens for watch time. Then you could upgrade your glasses with it and do a few different things. There were games within the app. I could picture something like

that. But again, the tokenomics have to be right to where like, it's actually worth it to do it. It's actually worth it to watch. You could play good games, you get actual worthwhile rewards, but then the trading value comes in and then people start pumping it and dumping it. And how can you control it? Maybe by earning the tokens as you watch, so you have to watch to earn, but then you have people that might bought it to earn extra tokens. So there's so many things that go into that then you also have the sec then you have these these idiots over at the sec that went after library which library the thing with libraries i feel like they had they they were just a little bit early and it wasn't their necessarily their fault because they had no guidelines to go by they didn't know what they were supposed to do and if you look at the court

history of that case they're the SEC is literally just like, you're not going to beat the SEC. Like the only person that has it. Yeah. I talked to Jeremy Kaufman, who is the CEO of Library Credits. And he said he was one of the first ones who listened to the call from the SEC that said, come in and talk to us. And he literally like gave them a slide presentation on why they were a security. You know, he's like, I'm not surprised. He's like, I trusted them, but he, you know, he gave them literally every piece of information. And how sad is that? Like, it just like when you, and this is what bothers me with law enforcement and the way our legal system is structured is like, when something happens, you're supposed to go be able to talk

to somebody either for help, really for help. That's what these public servants are for, whether it's police officers or whether it's like any government entity, any public servant, like you're supposed to be able to go in and ask for help and ask for guidance. Like, obviously, like I'm not saying if you, after you have an alive, someone or done something absolutely terrible, but if you're somebody who's considering doing something or you've created something and you like, you're supposed to be able to go into these offices and have them help you. Like, that's just – it's just silly. And I don't think it was their fault because there literally was no guidelines. And it just is really sad.

It's really sad that the SEC couldn't say, you know what, this is really cool. We can probably use – we could use this technology for other stuff. But you need to make these changes. Make these changes so you're not a security – We'll give you three years on a sliding scale to make this sufficiently decentralized by some actual rule to figure it out. Thank you for presenting this. We find this really interesting and probably beneficial for creators. Imagine that. It would never happen, but imagine it. Craziness. insane when you talk about the regulatory side of it, but I'm more inclined to believe on the regulatory side that they're just going to kind of ignore it. I said that before, but I think Gary Gensler has come out and said, listen, we have all the tools we need to prosecute people.

Fraud is fraud. He needs to resign. He needs to resign. He needs to prosecute himself. He needs to resign and go to jail. I don't like calling for people to go to jail, but if they want to play the game with the whole regulatory thing, he literally, he's in a lot of trouble. It's just crazy at this point. I also believe that we need to get to the point where we don't call NFTs NFTs and we don't have to define DeFi as DeFi

when it all becomes just the thing that you use because it's better will be the time when we start to actually see mainstream adoption. I'm not sure I'm confident that'll happen in 2023, but when DeFi just becomes the natural place that you put your money in, an NFT maybe is just an in-game asset, and we stop having to use these very specific technical vernacular, that'll be when we know that we're reaching mainstream adoption. But I have my fear right now that we have all these ideas, but nobody's using any of it. Unless it's a $1.7 trillion bill, then they're just going to pass that through because why not? Yeah. Molly, is there anything else that you're seeing that you think could potentially drive a next run? Are you seeing like, from the Philippines, etc. The country where the play to earn was that came out now did not make any sense not scalable not even not even really make

any sense before they needed to scale like they just ended up sort of not working um but yes play to earn and move to earn tokens still get a lot of interest on our site and so i have to think that someone out there can be smart enough to come up with a way for a move to earn or play to earn game that isn't a Ponzi scheme. Like we must be able to think of it. You know, if we all just put our heads together, we can come up with an app where instead of buying a shoe for $5,000 and then exercising and earning a few cents, like there must be a better way. I agree 100%. Expensive shoes. I think we could figure that out.

Expensive shoes. I remembered I wanted to circle back to your point about decentralized social media. I think that's going to be an absolutely massive narrative moving forward. I've sat down with Unstoppable Domains and the things that they're doing for you to be able to have your identity, you know, based on the private keys on a wallet and be able to move that identity between all social media. Zion, I know people mentioned Jack Dorsey. I just had an interview with Justin Rezvani from Zion, which is all lightning and Bitcoin based. Same concept. You can verify your identity, use it to sign in everywhere. It can't really be hacked or exploited. Maybe if we don't even get to like a fully decentralized Twitter, we get to at least a place where your identity is secure and you can port it and your assets between all of the social media, use it as your sign-in. I think that's an extremely, extremely compelling potential use case in 2023. I think that that's where a lot of the exciting

development is happening. I think that could help with verification. And I know that was a huge problem on Twitter, like, oh, who gets the blue check marks? Who's official? Who's actually notable? And I think actually having some sort of identity like that is helpful because, you know, it's for especially for content creators like us, like we have so many imposters out there and now everyone has a check mark. So it's like, how can we differentiate ourselves from everyone else? And like in terms of like the imposters, people that I'm like doing like Scott with one T and and Mecca Mecca. It's a milker, you know, like the stupidest stuff. And it's just like, how can we be labeled official?

You know, I got kicked off Instagram because one of my imposter accounts reported me as an imposter account. I've not been able to get an Instagram account back for six months. Right. Joking. Yeah. I mean, so it gives you an idea of the state of social media. So, guys, we got like a minute or two left i'm gonna put all of you on the spot for a bold prediction which can totally go wrong and you don't have to uh commit to anything for 2023 do what do you think that we'll see maybe in the next year that might surprise people i don't want to go first i'll

go first we're going to see 10 000 bitcoin and Bitcoin and $750 Ethereum. And anybody who gets mad, go to my YouTube channel, watch the video I made and boost my views. Help me get paid with that monetization. I'll take that one. Wendy. Wendy's so funny. I literally love her so much. I think 2023 is going to be great in terms of institutional adoption.

A lot of people looking into this space, there's still such big money coming into crypto. I know I say it every day, but there's still so much money coming into crypto. The innovation has not stopped. There's beautiful things being created every single day that people are just overlooking. And I think we have to look past the FUD, look past noise and just focus on what matters. And that's the revolution of being your own bank and everything like that. So I'm really bullish on 2023 gaming, DeFi, peer-to-peer payments. I think it's going to be a big part of 2023. At least I hope so. But thank you again, Scott, for having me. This was such a blast. I really appreciate you.

Of course. Molly, Jane, what do you got? I would appreciate it. Mine's kind of negative. I'm convinced there's going to be another surprise bankruptcy out there. I just don't know where it's going to come from. That's my prediction. I wouldn't be surprised at all. I'll go on the record. I'm just trying to think of when I put you guys on the spot. By the way, there was an article literally that came out today that I laughed at. It was like horrible predictions from 2022. And it was like me when I said that we'd make a new all-time high because I wrote a newsletter about all of my bad predictions from last year. I think it's important, obviously, to reflect. I don't think that we will get, maybe in stable coins, but beyond that, I don't think we will get meaningful regulation as fast as people think,

and that may not even happen in the next year. I think it's more inclined to be like a 2018 kind of year where everything just becomes boring sideways and they stop talking about it rather than it being this sort of hot button item but obviously i could be completely wrong as usual you know you should have you should have crypto domus on your channel because he uses um he does the astrology astrology and make and makes predict is he's actually really really on it like he said he was like he called the collapse of ftX without calling it. He just knew something catastrophic was going to happen that could possibly destroy Bitcoin. And because he was on my show like a couple of months before it happened. And he's like, I don't know what it is, but yeah.

Yeah, I'm going to have, I think it's because Uranus was in retrograde. I don't know. That's where I have to, that's where I have to end. I know that you guys have to go. Guys, I tagged everybody on Twitter. Their Twitter names are also in I tagged everybody on Twitter. Their Twitter names are also in the description underneath on YouTube. Please go follow all three of them. This is a really fun conversation. I appreciate all of you guys showing up. And as I said to them before,

this was not intentionally me and three women. This is not the women. We are the men of crypto. That's right. But if you ever hear me say something like that, as Wendy pointed out before, she's like, now I want to see you introduce every stream you have, where it's four guys just as like the men of crypto. Go ahead and differentiate. So yeah, guys, thank you very much. I will be back, of course, tomorrow.

Fridays, we do the week in review for the news. You know, we used to do news every day. Now I just do it once a week. And it's basically just when I completely lose my shit publicly talking about all the nonsense that happened in the last week. So I hope you guys tune in for that tomorrow. Once again, Molly Jane, Wendy O, Randy. Thank you guys so much. It's been an absolute pleasure.

You're all welcome back anytime. See you all soon. Thank you. Peace. All right. Thank you.