Podchaser Logo
Home
Episode 723: Runes Drives Bitcoin Fees - BAD NEWS for 4/23/24

Episode 723: Runes Drives Bitcoin Fees - BAD NEWS for 4/23/24

Released Wednesday, 24th April 2024
Good episode? Give it some love!
Episode 723: Runes Drives Bitcoin Fees - BAD NEWS for 4/23/24

Episode 723: Runes Drives Bitcoin Fees - BAD NEWS for 4/23/24

Episode 723: Runes Drives Bitcoin Fees - BAD NEWS for 4/23/24

Episode 723: Runes Drives Bitcoin Fees - BAD NEWS for 4/23/24

Wednesday, 24th April 2024
Good episode? Give it some love!
Rate Episode

Episode Transcript

Transcripts are displayed as originally observed. Some content, including advertisements may have changed.

Use Ctrl + F to search

0:00

According. To search engine inquiries,

0:02

there's been more interest in the

0:04

most recent having of. And then

0:06

there was four years ago. Miners

0:08

are having a pay off with

0:11

increased transaction fees due to Runes

0:13

and Rfk. Junior wants to put

0:15

the entire Us budget on block

0:17

chain. F T X, Apple Mount,

0:20

Gawker are all making news in

0:22

the crypto world, as is the

0:24

infamous buy Bitcoin sign that appeared

0:26

behind Janet Yellen during her Congressional

0:29

testimony were flashing. Signs to signs

0:31

of being real bad. And

0:33

real silly. So we're going to

0:35

flash you today on are bad

0:37

News Episode number: Seven Hundred and

0:39

Twenty three. Of.

0:42

The Bag Crypto podcast. Travel

1:12

with flashing people, Laugh

1:15

and The Burn The Flash mob.

1:19

Clauses that a flash mob or good

1:21

yemen on my hip Flask a flashing

1:23

flash mob on a flat out that.

1:27

Look into their good though. Park and I. Only

1:30

have their her or directories Truth

1:33

In in Advertising Bad Crypto, Doc.going

1:35

things so you don't have to

1:37

heard around the world by at

1:39

least a handful of people. And

1:41

once upon a time we actually

1:44

hit number one hundred and thirty

1:46

four of all podcasts. And.

1:48

I tunes. I think somebody hacked the

1:50

system and no other podcasts were available

1:52

and so we went way up in

1:54

the ranks. We. Were really hilarious

1:57

that week. That. There a. There.

1:59

with that That one brief moment. It was actually

2:01

in it be it was between 157

2:04

and 158 p.m. That one day and Yeah,

2:10

that was it. That was in downhill since then

2:12

well, I should turn it in. Yeah. Yeah, let's

2:14

check out any podcast We

2:16

got we got news for you guys

2:18

that I'm gonna refresh point gecko calm

2:21

It is 320 p.m. Eastern Standard Time

2:23

on the 23rd of

2:25

of real that is French

2:28

for April 2024

2:31

and the total crypto market cap 2.58 trillion

2:34

dollars Bitcoin 666

2:37

6. Oh my gosh. This is a wow

2:39

this it now if it was 66 cents

2:42

That would be like I want to

2:44

buy enough Bitcoin just to move it up You

2:48

know half a dollar so we get there

2:52

Right You know, that's

2:54

actually pretty exciting. I say it's really cool. It's

2:56

moving back up a little bit. So that's good

2:58

Yeah, I like a heading toward I like it

3:00

to be closer to 70 than closer

3:02

to 60 Correct aetherium 32 21

3:04

BMB 608 Solana 158

3:10

XRP 55 cents dogecoin 16 and

3:13

ton coin at five dollars 68 cents

3:15

with Cardano Shiba Inu and Avalanche we

3:17

gotta go down all the way down

3:19

to the 20 top 20, baby

3:22

That was like Oh Oh internet computer not

3:24

quite in the top 20 just out of

3:26

the title the top point So there's a

3:28

battle right now polygon and internet computers and

3:31

near they're all sort of really

3:33

close near all kind of near Then

3:37

after that's like 10 almost 10 billion

3:40

so biggest winner for the week is

3:42

the meme coin bonk up 54%

3:46

Hedera up 52% a cash peppy

3:48

are we visit? Is it meme

3:50

coin season again? Trav? Floki's up

3:54

Maybe It maybe it's time again

3:56

for like it low and none

3:58

that are down significantly. Why

4:00

think there's problem is because of

4:02

ah the bitcoin having an and

4:04

rooms as we're going to mention

4:06

here coming up I think that

4:08

you know. Means I'm

4:11

memes on bitcoin are going to start

4:13

being more relevant and then we're starting

4:15

to seem papa probably other places as

4:17

well. Some will one of the things

4:19

that people on check to see what

4:22

are leading indicators for interests in Bitcoin

4:24

as Google searches and Google searches for

4:26

Bitcoins having or higher and this time

4:28

around than they were in April of

4:31

twenty. Twenty One we had a

4:33

the last having sitting May Twenty

4:35

Twenty was when it when it

4:37

happened that last time in. You

4:39

can see search results right here

4:41

so this would have been the

4:43

were between having was searched right

4:45

before the previous having and this

4:47

time it.it accelerated over it or

4:49

by the way this article was

4:51

published before the having actually took

4:53

place. And for those of you

4:55

that aren't aware of the having

4:57

went off without a hitch as

4:59

was expected. So. A

5:02

bitcoin having n n for twenty.

5:04

They. Actually in ah Nice so

5:06

is more popular than for

5:09

Twenty on for twenty although.

5:11

It. Said it did it before for twenty. so. April

5:14

twenty it is the marijuana pot smokers

5:17

holidays and for those who don't know.

5:19

Okay so that people were talking last

5:21

week and the into one of the

5:24

people that was making jokes on line

5:26

was Peter Schiff cause he is forever

5:28

a troll when it comes to decline

5:31

how transaction fees like of you want

5:33

to send one hundred dollars in Bitcoin.

5:35

The fee was like one hundred dollars

5:37

and that turns out was happening because

5:40

of Runes, this new protocol for tokens

5:42

and N F T's on bitcoin. And

5:45

you know the having supposed

5:47

to drop bring speed down

5:49

and instead things got crazy.

5:53

Yeah. It it. It was

5:55

really interesting. I mean I was sitting

5:57

in a six hour twitter spaces that

5:59

night live people were just get giddy

6:01

about was gonna say they were. That.

6:04

They were doing all kinds of things

6:06

to try to get those early earliest.

6:09

Runes. And it was

6:12

fascinating was going on of

6:14

Bitcoin. Transaction fees are skyrocketing

6:16

to almost. A luxury M

6:18

F T Air and Era right?

6:20

Palmer nominee Dollars Liga that lately

6:23

were hit the chartier. I mean

6:25

that that same. In the

6:27

were trying to get as close to that eight

6:29

hundred and forty thousand block. As. Possible

6:32

trying to get an it. Near.

6:34

It. As. Quickly as possible. right?

6:36

And then as we know as blocks apart and

6:38

about every ten minutes and so. You. Know

6:40

they were they were of front line of the

6:43

eyes of the the mining these were so high

6:45

jos because. So. Many people were trying

6:47

to front loaded try to put as much

6:49

as soon possible to make sure that there's

6:52

was included. Began. In an hour take

6:54

a look at is this is a very first

6:56

Method is easy easy easy easy easy. What what

6:58

the like. Wow. This is geared

7:00

weird names A It's like they didn't

7:02

think about it too much. And.

7:04

I'm. Yeah. So added

7:07

added paid attention to somebody spots. I

7:09

mean it. out of lumen x. L

7:12

you am I an he acts as

7:14

one place reason go and check out

7:16

a new runes and you can actually

7:18

met runes on that. I. Have

7:21

Lumen X.coms all we really are.

7:23

You need somebody on the show

7:25

to us to talk about. I.

7:28

Be great the a Casey or or

7:31

or or demar on here or whatever

7:33

road or mom The dude who's who

7:35

built or northern said wait a second.

7:37

This. Is clogging up the network to mods.

7:40

And I now they're able to basically

7:42

pray that sort of an inscription type

7:44

of a thing. That's just. Numerical.

7:47

Digits. To. Make it much

7:49

smaller and and also. I'm.

7:51

Certain runes once they get set up as

7:54

a rune. Like. That that's connected

7:56

to a Santos. He like that Satoshi can't

7:58

be spent. Now. It's time. The

8:00

absorbed in so that one will

8:02

be able to be era. Satoshi

8:04

quit running things. Turn. Out

8:06

so well. Producer Lisa. There you go,

8:08

there's your homework. Casey Road or More

8:11

Road.road Armor there and I'll run around

8:13

Road Road or Margaret do a yeah

8:15

I can read really well it's a

8:17

route are more for download going on.

8:19

He needs to come on the show

8:21

we not arm and and find out

8:23

things about least we come on. Everybody

8:26

in the world wants to talk to

8:28

him right now. Yeah, I'd Grayscale is

8:30

making waves in the A, T, S

8:32

or realm again as they are having

8:34

a mini bitcoin Eat. Yeah. That's going

8:37

to have the lowest be among

8:39

all spot bitcoin eat Yes a

8:41

point Point one five. Percent.

8:44

So it is a bitcoin, a mini

8:46

trust and other trying to make this

8:48

appealing so that you know everybody comes

8:51

on and hey, the risk is really

8:53

low. hear your fees are really low

8:55

and trust us with your bitcoin. right?

8:59

So think about that point one five

9:01

percent and then the other ones were

9:03

much higher. Grayscale was way higher than

9:06

that, and so important as well as

9:08

competitive market Fox? How about that? Prices

9:10

actually go down when you're in a

9:12

true. Ah, Market? Where

9:14

are. Where. We get real competition.

9:17

How about hat? Yeah

9:19

and eel what's also really interesting but

9:21

these eat yes is how many of

9:23

them were offered all at once. You

9:25

know typically any Tf comes out is

9:27

one he to ask for. Whatever that

9:29

the commodity years, curator years and then

9:31

this case was like boom when we

9:33

have thirteen of them or something all

9:35

at once. And so was

9:37

I. I do subscribe to what Plan

9:39

B was talking about. We still we

9:42

want to get him on the show

9:44

too because we're watch and for those

9:46

red dots you know know what I'm

9:49

talking about. The need to look up

9:51

Plan B's videos on not on You

9:53

tube and does This guy's been. Pretty.

9:56

On point with that with

9:58

his charts. And maybe we'll get

10:01

a chance to talk to him. What do you think

10:03

of RFK, Trav? Well,

10:07

what do I think of RFK? One

10:09

side of me, I go, I think the dude's awesome. The

10:12

other side of me, he's married

10:14

to a Hollywood insider,

10:16

so to speak, right? He's been very

10:19

famous in Hollywood. So

10:21

he's stated that he's

10:23

ultra liberal. He's got some

10:26

good policies. He's got some bad policies.

10:29

I think most people are, you

10:31

say, I'm a liberal, I'm a conservative.

10:33

I think most people, depending on the

10:35

issue, they're either they lean liberal or

10:37

they lean conservative. And

10:40

in my mind, it's like, RFK

10:42

is going to play the Ross parole

10:44

role, where he's pulling votes from somebody. He's going to pull

10:46

them from Trump, or is he going to pull them from

10:48

Biden? And then

10:50

I know that he was coming out with potentially, Trump's

10:54

team was asking him to be the VP. Well,

10:57

that has not been verified.

10:59

They may have spoken to him, but

11:01

Trump, nobody's ever come out and said.

11:03

Nobody on the Trump side has said

11:06

anything. RFK did. So I don't know

11:08

why he would lie, but politicians tend

11:10

to lie. I mean, the legacy of

11:12

Kennedy is a great legacy, right? The

11:15

JFK, RFK, and to an

11:17

extent, their younger brother. But

11:20

it's just weird. Not

11:23

Teddy, though. Like, he could bring people together

11:25

potentially. And I do love this. I do

11:27

love some of his policies. I'll say that.

11:29

Yeah, so he is proposing that

11:32

we put the entire US budget

11:34

on blockchain, which would be

11:36

complete transparency. And that is something the

11:38

government does not want, right? They don't

11:41

want you. They don't want

11:43

transparency. But to

11:45

go back to your point, I think he's going

11:47

to take more votes away from the Democrats, because

11:49

he is a more

11:51

traditional Democrat. There's a lot of people

11:53

that have woken up the Democrats of

11:56

today have gone way too far to

11:58

the left. way

12:00

too far like communist socialist policies and

12:02

there's a lot of democrats that are

12:04

going man this is not

12:06

me anymore but i also i can't see

12:08

myself going to to trump so i think

12:11

that the votes are going to

12:13

go to canada and i'll bet you he doesn't

12:15

take more than three percent of

12:17

the the votes tops yeah i

12:20

can see him taking nine or ten percent or

12:22

four we don't know it's still what it's still

12:24

april and so but the fact

12:26

is you know what i will say is i think

12:28

it's complete bullshit is the fact

12:30

that even biden said yeah the kennedy

12:33

family's had more violent horrible violence ever

12:35

you know and i'm and he's still

12:37

not giving him any secret service right

12:40

like none he had a dad that

12:42

got killed and an uncle that got

12:44

killed and then they're not giving him

12:46

any secret service and then when you

12:48

see trump pulling into like

12:51

he's going to something dude he's got a

12:53

whole cavalcade of people just like police

12:56

police motorcycle motorcycle motorcycle motorcycle motorcycle

12:58

car car car like wow like

13:00

i know he's a former president

13:03

and all but like he's

13:05

got like like when he comes to town

13:07

it's more presidential than when biden seems to

13:09

come to town it's weird yeah there

13:12

was a video uh last week

13:14

of biden visiting scranton where he's

13:16

from and walking into a

13:19

gas station you know quick stop and people

13:21

there they were just so uninterested in talking

13:23

to her there was like zero enthusiasm and

13:26

i'm like 81 million votes legally and if

13:28

you question it then

13:31

you're a conspiracy theorist and you should probably be

13:33

arrested and put away for years because you should

13:35

not be thinking for yourself and you know who

13:37

will do that is the sec will come after

13:40

you but in this case two sec

13:42

lawyers have resigned yeah judge has

13:44

basically said you've abused your power

13:46

here in a particular crypto case

13:49

that uh oh this is an

13:51

article on bloomberg that uh producer

13:53

lisa i can't i can't read

13:56

this it's behind a paywall i

13:58

don't want to pay Bloomberg

14:00

but apparently Utah crypto from was

14:02

put into receivership and this judge

14:05

sanction these as he sealers which

14:07

is nice to see for a

14:09

change that you know. That.

14:13

There's a judge other that's willing to stand

14:15

up to abuse of power in the family

14:17

of the island. But. I think

14:19

the effect if if is as easy

14:21

lawyers have been forced to resign because

14:24

they were sort of. You

14:26

know, pro and crypto markets and

14:28

making it not good. And

14:30

they're doing things that were

14:33

intentionally. You know, and

14:35

to hold it back then they should

14:37

certainly have to go after him. Resign

14:39

Wigan. and I mean. Look

14:41

at what's happening I may. I Have you know,

14:44

been in the process of creating a company. And

14:47

is No way in hell that

14:49

I'm going to create a crypto

14:51

business and America do. I will

14:53

move out of America and nobody's

14:55

creating a crypto business. And America.

14:57

Like. Didn't. Do these people

14:59

see what they're doing our? do they even

15:02

care? I would just makes you wonder if

15:04

like. A Eyes pretty big here

15:06

in America has no lie around that.

15:08

Silicon Valley's A Eyes Huge. And.

15:11

But are they going? And just as

15:13

it is ignoring crypto is is so

15:16

weird because it seems to me a

15:18

I plus crypto is gonna be how

15:20

Ai communicate and transact with one another

15:22

right? Different bought agents are doing things

15:25

with some. Is. Is

15:27

very short sighted in angers me and lot of

15:29

ways because. And

15:31

I look at him. I go. You know

15:33

the Se Si has said that bitcoin

15:35

is a commodity right? So there is

15:37

a commodity. So what? Having now we

15:39

got runes and Brc twenty tokens were

15:41

you can actually created so can on

15:43

top of a commodity is that is

15:45

it. Point is that A as it

15:47

is that you know something the Se

15:49

Si Si be trying to regulate other

15:51

gonna reevaluated again. I haven't even fully

15:53

evaluated at all sizes. So weird as

15:55

long as we're talking about the A

15:57

C. Let's look at the story here.

16:00

Where they've been going after Just and

16:02

Son near the creator of Trial And

16:04

and they're saying that because he spent

16:06

almost four hundred days in the Us

16:08

from Twenty seventeen to Twenty nineteen that

16:10

they should have jurisdiction and their complaint

16:12

over him or for selling unregistered securities.

16:14

I guess he he spent a lot

16:17

of time here. I and in the

16:19

S E C is just. So.

16:21

Archaic and in their approach to

16:23

crypto an dumb they're going to

16:26

go after absolutely anybody that they

16:28

think they can. Have.

16:31

The Zombie, The Fcc as the as you

16:33

see. To. They suck. The.

16:35

Yeah. Yeah. Of I would say. You're.

16:38

On a of these were set up

16:40

there originally set up in my estimation

16:42

right to say hey, we're here to

16:45

protect the American consumer for bad behavior

16:47

but now instead they just make policies

16:49

that benefit themselves and and and destroy

16:52

innovation by who that out who that

16:54

help it. Yeah, not

16:56

to people, not the people. I mean

16:58

the fact is we have media, it's

17:00

that are running the country is is

17:03

he is. There's no question about it,

17:05

the vast majority of the people that

17:07

are in charge and it's powerful positions

17:09

are idiots and they they shouldn't be

17:11

running a Mcdonalds let alone running the

17:13

Us government and have a responsibility out

17:15

for people. To get firearm because

17:18

their government employees and their basements. That

17:20

I don't know how the Forefathers whenever

17:22

they are constructing the cost is why.

17:24

You know what we want A hot

17:26

We want to make sure that the

17:28

government grows indefinitely and we didn't. We

17:31

have fire anybody who's not performing good.

17:33

Like. I. Who thought of

17:35

that like that's the craziest shit, like

17:37

oh hey, it's it's It's almost like

17:39

you're a tenured professor. You get a

17:41

job of the government and you're a

17:43

tenured professor. They are him, fire you

17:46

and a divorce and around do a

17:48

very little and good because they have

17:50

no incentive to do good. Crazy.

17:53

And. True. So. Fts

17:56

back in the news again. travelers been a

17:58

bunch says tokens are salon it's. Tolkien

18:00

that mtx his head that I've

18:02

been locked and apparently they are

18:04

now going to be on locking

18:06

them for an auction sale as

18:09

as F T X. really coming

18:11

back they're gonna be. These are

18:13

part of the Fts state. Well.

18:20

Here's a thing they have a bunch

18:22

of so lot of locked up right

18:24

arm and so. At. A. Least.

18:27

One other than what the prices go from fair

18:29

market value. they end up doing these sales as

18:31

of the state and then you have somebody like

18:33

you know. Tim Draper came in the back in

18:35

the day and by like three hundred are bitcoin

18:38

or whatever was as like the fair market value

18:40

is much higher than that. Like. And.

18:42

If anybody who got you know screwed

18:44

over by up the eggs and as

18:46

be as. They should. They

18:49

should be front and lie to get

18:51

what they last rites. A Hopefully this

18:53

is a way to make everything right

18:55

and I wonder with all those things

18:57

and all those holdings that they had

18:59

back and the value of those increase

19:01

substantially the end of everybody was made

19:03

whole it would almost be like okay

19:05

as be as we have a be

19:07

I am rise Take care of you

19:09

guys Coming out of the now. And.

19:11

Building so. I don't think

19:13

so. Other minnows sore spots

19:16

in the crypt the world

19:18

include mouth Goths and so

19:20

and now they're saying that

19:22

dub there is a timetable

19:24

for repaying people that had

19:26

Crypto in the mail. Goths

19:28

of course. Know. That eight

19:31

years later brought. Yeah, nothing matters because you're

19:33

going to get back. The. Value

19:35

of the bitcoin at the time,

19:37

Not the amount of bitcoin that

19:39

you had. right? So

19:41

yeah the if you have if you had

19:43

and one field tests ten Bitcoin in their

19:46

the time and at ten bitcoin was worth

19:48

five thousand dollars that's what you're going get.

19:51

Not. Ten Bitcoin He of puddles

19:53

knows. What's up? With

19:56

that is a worse brow and mommy

19:58

as is itself like. Whoever.

20:00

Did the scamming their amount dogs and they

20:02

have are they have whatever they have room

20:05

at the our as a guy was part

20:07

of the deal with like Tim Rapers deal

20:09

like they confiscated a bunch of bitcoin rights.

20:12

Ah, I know they confiscated some from some

20:14

of these types of the over the says

20:16

here. Eight hundred and fifty thousand bitcoins was

20:18

last two? A security breach? Like good lord,

20:20

Why? Who are those people? Ran. And

20:23

now I gotta pay a hundred and forty

20:25

two thousand And big. What were those other

20:27

seven hundred thousand bitcoins? Bra. And

20:30

my, by the way, my pronouns my bro

20:32

nouns are brought in dude. Sooner. Or.

20:34

Gonna what? to the miss grown on me?

20:36

Okay dude so I while I'm that is

20:38

stand as big as me Sir Lord I

20:40

guess is why pronouns as well Sir and

20:42

lord. Ah, and no big

20:45

fan of big Test because

20:47

let's face it, they're all

20:49

mostly evil now. But when

20:51

I see big names getting

20:53

involved, Apple Pay is the

20:55

benchmark is crypto mobile payments

20:57

pushed for adoption. So this

20:59

article from the Helio Ceos

21:01

as basically we need Apple

21:03

Pay and Google Pay to

21:05

take a look at these

21:07

new methods of payment platforms

21:09

and it's it's going to

21:11

happen. It is just a

21:13

matter. Of time you know they're

21:15

like when they see the people

21:17

want to use crypto they're going

21:19

to figure out. Okay, how do

21:21

we integrate dust and using? Wow,

21:23

There's a problem in that role

21:25

where as Apple likes to get

21:27

thirty percent of whatever you buy.

21:30

right? And so there would

21:32

have to be some sort of mechanism

21:34

in there that maybe you could pay

21:36

were crypto, but it avoids Apple. they

21:38

may be converted. Yeah, you can buy,

21:40

recruit, go about it, immediately, transverse into

21:42

Vr or up, or am a stable

21:45

coin or something. Or maybe you could

21:47

pay with stable coins. I think Pam

21:49

a stable coins will probably be better.

21:51

would probably be more. advent

21:53

a while the the way to approve

21:55

but the point is making here is

21:57

not that apple is going to die

22:00

Bitcoin he's saying that how easy

22:02

it is to use Apple

22:04

Pay is benchmark for

22:06

what we're looking for free so

22:08

you know making having adoption of

22:11

crypto People to

22:13

use so yeah, like you know click pop

22:15

scan click click pay right and it's done

22:17

Yeah, dude. I did that I very rarely

22:19

will use Apple Pay out in the real

22:21

world Joel But I was out and I

22:23

forgot my my wallet and I was like,

22:25

oh man I forgot my wall and they're

22:27

like, what do you have Apple Pay and

22:30

I was like, yeah And they're like boop and I was

22:32

like, yeah, I had

22:34

I hadn't done that I'm more crypto guy

22:36

or whatever, but I just I don't debit

22:38

card debit card or cash if I have

22:40

cash But I never use Apple Pay

22:42

and I probably should be using it works Like

22:46

everything Apple does it just it just works

22:49

So remember this guy Trev back in 2017 when

22:51

we were still new to the show Christian

22:55

Langelis photobombed Janet Yellen

22:58

as She was

23:00

testifying before Congress and had a picture

23:02

behind him of holding up the sign

23:04

And let's say I think we can

23:07

show that picture of him right

23:09

here this dude right behind Where

23:13

is he holding it up? There

23:15

it is there it is, right He

23:18

just flashed it real quick by

23:21

Bitcoin there it is and

23:25

He's actually sitting smirk on his

23:27

face is beautiful. Yeah, he's auctioning

23:29

the sign off right now And

23:31

I think it's currently at $140,000

23:37

I need to see

23:39

where the the latest is I know it's

23:41

being auctioned Where

23:44

is it being auctioned? He wants to use

23:46

the funds to fund his

23:50

his lightning Product

23:52

there it is. Okay. It's currently the

23:54

current price is 2.2 Bitcoin hundred forty

23:56

six thousand dollars Still

23:59

has one day through hours left

24:01

on it for you to own

24:03

the buy Bitcoin signed. I mean

24:05

it's a piece of history. I

24:09

love that scarce dot city. I

24:12

think he got let go from his

24:15

job or his position as

24:17

a result of doing this. He got

24:19

disciplinary action against him. So you

24:21

can go in, you can bid on this. You

24:23

can have the original buy Bitcoin sign. Should

24:27

be an NFT. That's what

24:29

I'm thinking. Well,

24:31

somebody's going to buy the original Bitcoin sign,

24:33

get it, get it, Matt, but it's kind

24:35

of cool. It's still connected to the legal

24:38

pad. Yeah. And then make it his

24:40

runes, right? Scan it and make

24:42

it as the official by Bitcoin

24:44

NFT. Finally, in

24:47

the game space, one of

24:49

the biggest names in gaming

24:51

is Square Enix, and

24:53

they have teamed up with Yatsu

24:55

and Animoca for an Ethereum NFT

24:57

game. And of course, you know,

24:59

the response from gamers with where

25:02

NFTs is concerned has been mostly

25:04

negative primarily because of

25:06

false narrative, right? They don't really

25:08

understand. It's like they're willing to

25:10

spend all this money on in-game

25:12

items that then they can only

25:14

use in-game or sell for other

25:16

in-game currency. And now they can

25:18

find rare items that actually have

25:20

a real value that they can sell

25:22

to somebody else who wants to use it, but

25:25

they'll get it. They'll catch up in NFTs and

25:27

games will be a huge thing. But

25:29

this is kind of cool to see this is going to happen. Well,

25:32

I would say, I mean, if you think

25:34

about it, realistically, you know,

25:36

PFPs were not great. I mean,

25:38

oh, great. It's a cool profile

25:41

photo, right? But when you dive

25:43

into all the different things you can do with

25:45

NFTs, and if you do

25:47

go to linktree, LINKTR.E-E slash future of

25:49

NFTs, there's a bunch of research reports

25:52

and stuff on there of all the

25:54

different things that can be done with

25:56

NFTs. So I think that people are

25:58

starting to understand. They're more so what's

26:01

gonna happen with these things and why they're

26:03

important. And I just think that.

26:06

You. Know this is. People. Look

26:08

at incorrectly people who aren't as they're like oh

26:10

my god you believe against yeah they did suck

26:13

right that the guess they saw mother so many

26:15

other things that can be done that was the

26:17

made a better. Apparently. This

26:19

game is told Sim Sim B O

26:21

Genesis and or is going to be

26:24

a will probably ten thousand and of

26:26

teas I'm guessing and the collection and

26:28

day should be able to play without

26:31

it on shoots him by or mint

26:33

a character and assists leads to how

26:35

to mint and of taste buds somewhere

26:38

other you can figure it out for

26:40

self again I was Square Enix Square

26:42

Enix Square Penis as with A is

26:45

like Minecraft penis. A

26:47

rectangular you think? As

26:49

as fast as he has to

26:51

the some crazy as apologize and

26:54

that's the news stress about the

26:56

weather now. Or right,

26:58

yeah, sounds good. the having a thing of

27:00

the and what you think I think that

27:02

damn. So. This particular

27:04

bitcoin having and the ruins. you

27:06

can see the thumbnail of his

27:09

video on youtube. We're

27:11

going to this bad boy and

27:13

animated and turn it into an

27:15

nfc of you are All Part

27:17

of the of the Nifty Club.

27:20

Their. On our wonderful website

27:22

over there and thought not

27:24

fm uncut.network either one. They

27:26

both work. I like.of him

27:28

for the so short on thought not events he

27:31

gonna say i beg ripped out. By.

27:33

Enough and or to the hello ripped

27:35

out.on thought that network If you are

27:37

the sing and shown you do not

27:40

yet have your bed Crypto Nifty club

27:42

card this is it Right here. Odds

27:44

pegged to point Zero Zero Two East

27:47

Which means as of this recording it's

27:49

six dollars to get one of these

27:51

and Liquid is pretty airdrops. A T.

27:54

That. We've put out there all kinds

27:56

of super cool fun stuff, some

27:58

with additional utility. And some just

28:00

a will make you proud to own them

28:03

for him. We've done a lot of these

28:05

already. Very. Exciting. Is

28:08

true. I have some fun play around with us

28:10

on our here because his put together the am.

28:13

The. Show card for it and the

28:15

bitcoin was a big crack in

28:17

it with exploding rooms around it.

28:19

And second. As a collection

28:21

in it, As you know what? Let me actually.

28:24

Let. Me Omega. Arm. And

28:26

a model of any advices you find

28:28

me. I'm still here. I'm failure. Let's

28:30

will talk about the south landless. let

28:33

these people get on with their day

28:35

or right I'll show you his our

28:37

that lives now or ever hang around

28:39

for a second. Travis going to show

28:41

something I'm no one see that the

28:43

then a one to. The.

28:46

People are building up a web piece. a

28:48

web. peace or weird. they have places to

28:50

go. Hey, you know what?

28:52

Travis has been messing around with

28:54

us? I'm a I'm Music Generation

28:56

and we're going to close the

28:59

show out right now with the

29:01

song that he created. Enjoy it

29:03

and until next time. Stay.

29:05

Bad. And.

29:39

the bad crypto podcast is a

29:41

production of bad crypto llc the

29:43

content of the show the videos

29:45

and the website is provided for

29:48

educational informational and entertainment purposes only

29:50

it's not intended to be and

29:52

does not constitute financial investment or

29:54

treating advice of any kind you

29:56

shouldn't make any decisions as to

29:59

finances investing trading or anything else

30:01

based on this information without undertaking

30:03

independent due diligence and consultation with

30:05

a professional financial advisor. Please

30:07

understand that the trading of bitcoins

30:10

and alternative cryptocurrencies have potential risks

30:12

involved. Anyone wishing to invest in

30:14

any of the currencies or tokens

30:16

mentioned on this podcast should first

30:18

seek their own independent professional financial

30:20

advisor.

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features