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Welcome to the Last American Vagabond. Joining me

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today is Corey Hughes, researcher, author, and now

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crypto entrepreneur. I'll let him describe what he

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wants to call his his new venture. I'm

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very excited about where this is going. I'm

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involved with it myself. Here to discuss this,

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a new idea around the crypto token that's

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meant to provide grants for independent media. Corey,

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how are you today? Good to have you

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on the show, brother. Hey. Thank you for

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having me.

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What would you call that? What would you

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call the new, you know, venture? You know,

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how would you frame the the name for

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what this is from your perspective?

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Sure. So

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I kinda feel like we're taking

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things back to the old school, and what

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we've done fundamentally is we have launched,

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what people called back in the day a

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utility token.

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Meaning,

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for a while, a lot of tokens were

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coming out. They really didn't have much of

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a purpose. They didn't do anything. But per

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but tokens that did something and had an

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actual functionality were called utility tokens, but you

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haven't heard much about that in many, many

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years.

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And I think that's kinda what we did.

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So, fundamentally, we launched what's called independent media

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token.

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And I have to I gotta admit, part

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of the inspiration

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for this was you because I remember,

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a year and a half, maybe two years

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ago, you were having at the same time,

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you were getting sued. The IRS was coming

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after you. Happening. Still happening. Still happening. Oh

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my god. So,

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I mean, I just remember being, like, in

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awe that they were going after you

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at all. And that kinda got the ball

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rolling with ideas, and it really took us

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over a year of brainstorming,

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to finalize what we've done. Outstanding. Well, let

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let me before we get into this, that

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that that's a I'm really that makes me

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that's that's awesome, man. I'm glad I didn't

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know that. That that's really, really cool to

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hear. But so before I I really before

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we get into the the project, I wanna

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make sure you have a chance to those

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that may not have seen you, our our

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our previous interview, by the way, which I'll

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include, which I think is important because he

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is prolific. It's, you know, not one of

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the leading, you know, you can describe it,

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researchers in regard to JFK and a lot

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of different conversations. Go ahead and introduce yourself

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and, you know, what what your background and

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what you're doing and Sure. You know, before

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we get to the crypto stuff, I one

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of the reason I said at the start

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was, like, I called you a crypto entrepreneur.

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I didn't know what if that is that

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the right way to frame that. I don't

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like that word. I've never liked that word.

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It's probably one of the most pretentious words

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I've ever heard in my life. I'm just

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the guy trying to get by in this

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world. You know? Right. Right.

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But my name is Corey Hughes. I'm a

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historian

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that focuses on the Kennedy assassination. I've been

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on Kennedy over seven years full time. I

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got two books out, and

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that's my whole life.

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Independent me I've been in independent media since

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2014.

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I actually launched a podcast

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for anonymous in 2014

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that, I did for about two years. Nice.

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And that kinda got me into my main

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work of Kennedy, and I studied the holocaust

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in World War two and all that stuff.

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But I've been doing this a long time.

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And guess what? Everybody I know in independent

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media is broke.

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I hate to say it, but it's true.

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And so I wanted to come up with

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an idea that could help foster growth in

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independent media. Mhmm. And

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then that's how we came up with independent

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media token because we saw a real need.

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You know, I wanted to reach out and

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help you at the time when you were

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having your problems, and I saw and I

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but who has money? You know what I

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mean? It's it's hard. And so

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the the the concept was basically to find

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a way to raise money for

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new shows, growing shows, individual projects, grants, and

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we're even talking about a potential legal fund.

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So, yeah, there's a lot of, potentiality in

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what we're doing,

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and I'm pretty excited about it because no

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one's ever done anything like it before. We

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kind of like to think that we're something

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brand new that we're calling a philanthropic

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coin because nobody else is doing anything like

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that where we're taking a percentage of transactions

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that go directly to our philanthropic

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endeavor. You know? Right. Right. I like that.

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I mean, see, this is this is what's

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so interesting. And I wanna get into the

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the rightful concerns people may have around crypto

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in a minute, but it's like the there

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it's interesting that there are

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directions that are being taken through this that

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are at least and, again, I don't actually

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know of any of the projects like what

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you're doing. But maybe it'll

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maybe you'll set this kind of pattern for

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other people to follow or the the, you

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know, got the the path. But I think

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it's really important to look at this in

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a way that can be done that's not

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necessarily like it it's done in a way

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that's that is philanthropic. You're doing this to

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support other people. And if that ends up

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benefiting those that started, then all the better.

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You know? But let let's start from the

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beginning of this. So so explain

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what the token is in in maybe the

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the compare.

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Many people are still still learning the difference

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between tokens themselves, you know, that not all

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Bitcoin or not all cryptocurrency is Bitcoin by

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its first statement. There's a lot to it.

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I recommend James Corbett work on that that

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really he does he has some old shows

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where he really breaks down those differences. But

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take in in in a comparison to something

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like a, you know, in one case, like

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a Bitcoin or something else, like, maybe like

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a Chainlink, you know, to explain what what

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is this token first, and, like, how does

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that fit into this ecosystem? Alright. So initially,

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you had Bitcoin. It was the only crypto.

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Right? It was created by Satoshi Nakamoto. We

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could talk about him later on. But,

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fundamentally,

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Bitcoin was the product of a decade's worth

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of work, realistically speaking. And it incorporated things

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like the proof of work algorithm from Adam

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back, and it took all the concepts that

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people have been discussing

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and made it real. And it was absolutely

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incredible. So for the first couple years after

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Bitcoin came out,

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every single coin that was released,

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Dogecoin

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and, you know, there was a whole bunch

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of other ones,

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pre Ethereum

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that all had their own blockchain.

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And very soon, they came to realize that

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maintaining individual blockchains in a decentralized manner is

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virtually impossible because you gotta get people on

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board, then you gotta have people on running

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nodes. And it's it's such a massive undertaking,

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that they Vitality came up with Ethereum, which

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was basically a decentralized

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functioning platform that allowed you to create a

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token on the back end using their decentralized

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network and not have to create your own

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network. Right? And it Mhmm.

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It it it's a double edged sword, Ethereum

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and these platforms.

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Ultimately, it took many, many years for, I

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think, for them to kinda solidify and they

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are today and

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to be able to utilize the functionality that

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we're particularly

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using. But initially, it was it opened the

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floodgates to scams, and that's why a lot

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of people have a bad taste in their

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mouth with crypto because to blockchain, expensive, virtually

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impossible to do unless you have massive backing

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ton of people involved, but you can launch

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a token on Ethereum's network, you know, to

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do what you want to do without having

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to have all that massive infrastructure

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cost.

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Mhmm. So the evolution from there, you have

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a a layer one like Bitcoin, then you

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have a layer one like Ethereum. And then

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on top of Ethereum, you build all these

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other layers, right, through the different tokens. So

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all the problems in Ethereum and Solana came

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about, and the

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technicals behind Solana are absolutely unbelievable.

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Fundamentally, it can process

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multiple blocks at a time compared to any

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other blockchain. It's it's really kind of an

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amazing system designed

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by,

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ex Oracle people, but

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it's a centralized system. I'm not gonna lie.

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The more further away we get from Bitcoin

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with all these prod with all these tokens

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and coins and projects, the further away from

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decentralization

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that we get. That's just the reality. And

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so that kind of works that works for

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me because I don't really think that there's

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competition for Bitcoin in as far

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as using it as a currency.

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Right. Long I mean, the whole package is

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Bitcoin. It kinda solved the money problem. So

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in my opinion, I believe that these tokens

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should have utility. They should function more like

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a stock with some sort of extra feature,

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and that's exactly what we did. The

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so the value of a stock is based

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on anticipation

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of what the company is gonna do in

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the future if they're gonna make a ton

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of money for their shareholders and whatnot.

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So speculative trading on stocks

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is what drives the price up, right, because

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of what the company is doing. Mhmm. But

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none of these tokens really do anything. Like,

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when you buy, you know, Shiba Inu, it

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doesn't do anything. It just is what it

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is, and you buy it based a 100%

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purely on speculation, not because of potential future

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endeavors that they're gonna be doing or growth

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in the company. Right? We are completely different

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because

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when people buy into independent media token,

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basically,

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that kind of serves as

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the

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base layer of our

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ability

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to fund these projects. Right? And so it

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gives us a great amount of utility

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that we can then refocus into the independent

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media space, which is phenomenal.

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It actually does something, and it benefits a

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lot of people. And not only that, the

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people who buy it will benefit also because

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and they don't have to stop what they're

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doing to make donations to individual shows they

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like. They don't have to do any of

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that stuff. The one we have a 1%

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tax on tax on all the transactions, which

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means that 1% comes back to us, and

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that creates a fund that we're then gonna

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use

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to further,

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finance these projects.

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And and we're talking we'll get to it

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more in in grants. Right? So the idea

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00:09:16,625 --> 00:09:18,865
being the money then gets, you know, used

268
00:09:18,865 --> 00:09:20,785
to give grants that that you know, for

269
00:09:20,785 --> 00:09:21,745
those who don't know, I mean, they don't

270
00:09:21,745 --> 00:09:23,339
have to pay anything back. It's just free

271
00:09:23,339 --> 00:09:24,860
money given to people in the independent media

272
00:09:24,860 --> 00:09:27,100
that will be decided by a a board,

273
00:09:27,100 --> 00:09:28,620
which which I'll be a part of. Right.

274
00:09:28,620 --> 00:09:29,819
Right? So and so it's a it's a

275
00:09:29,819 --> 00:09:31,659
really interesting idea. So we'll go more into

276
00:09:31,659 --> 00:09:33,419
that that for those that may still be

277
00:09:33,419 --> 00:09:35,579
kind of not sure about the the point

278
00:09:35,579 --> 00:09:37,225
of, you know, the differences. You know, one

279
00:09:37,304 --> 00:09:38,504
an easy way to look at it is

280
00:09:38,504 --> 00:09:42,285
so Bitcoin, Ethereum are are arguably considered currency.

281
00:09:42,504 --> 00:09:44,105
Like, so you could use this as exchange

282
00:09:44,105 --> 00:09:46,184
currency. Now what's interesting is even the ones

283
00:09:46,184 --> 00:09:48,424
you pointed to, you can still arguably use

284
00:09:48,424 --> 00:09:50,024
them as some form of currency because they

285
00:09:50,024 --> 00:09:52,100
have value. Right? But there's not something or

286
00:09:52,100 --> 00:09:53,860
as the difference is a Bitcoin is is

287
00:09:53,860 --> 00:09:55,459
not a product, it is the currency, but

288
00:09:55,459 --> 00:09:57,620
something like a stream link, same idea. It

289
00:09:57,620 --> 00:09:59,940
can still be exchanged a currency, but there's

290
00:09:59,940 --> 00:10:02,100
a product behind it. Right. There's something that's

291
00:10:02,100 --> 00:10:04,339
being used that can be sold and grown

292
00:10:04,339 --> 00:10:05,860
and and developed and that would cause it

293
00:10:05,860 --> 00:10:07,379
to go up, not just the the use

294
00:10:07,379 --> 00:10:09,596
of of it. And so that's so this

295
00:10:09,596 --> 00:10:11,678
would be a different thing entirely, right, where

296
00:10:11,678 --> 00:10:13,760
it's about something that is creating a store

297
00:10:13,760 --> 00:10:15,842
of value that then gets used to help

298
00:10:15,842 --> 00:10:17,924
independent media grow. But at the same time,

299
00:10:17,924 --> 00:10:20,006
you could still gain by simply owning it

300
00:10:20,006 --> 00:10:22,089
and having that go up in value. Right?

301
00:10:22,089 --> 00:10:22,869
Correct. And so,

302
00:10:23,690 --> 00:10:24,990
it is a challenge

303
00:10:26,009 --> 00:10:28,730
because of what's happened over the last couple

304
00:10:28,730 --> 00:10:29,230
years.

305
00:10:30,649 --> 00:10:33,049
So the reason that all the meme coins

306
00:10:33,049 --> 00:10:35,049
popped up on the we use Solana because

307
00:10:35,049 --> 00:10:37,565
we looked at our at architecture and the

308
00:10:37,565 --> 00:10:39,804
ability to scale long term, and we felt

309
00:10:39,804 --> 00:10:41,565
that Solana is in the best position to

310
00:10:41,565 --> 00:10:42,144
do that.

311
00:10:42,764 --> 00:10:44,524
The problem, though, it's double you know, it's

312
00:10:44,524 --> 00:10:46,304
always a double edged sword. The

313
00:10:46,684 --> 00:10:49,324
amount of money it costs to actually launch

314
00:10:49,324 --> 00:10:50,384
a token on Solana

315
00:10:51,299 --> 00:10:52,039
is so

316
00:10:52,340 --> 00:10:54,740
low. The pro the the blockchain is so

317
00:10:54,740 --> 00:10:55,240
efficient

318
00:10:55,700 --> 00:10:57,220
that literally you could launch a coin for,

319
00:10:57,220 --> 00:10:58,360
like, a $100.

320
00:10:58,419 --> 00:11:00,500
Okay? And so what did that do? That

321
00:11:00,500 --> 00:11:02,419
opened the floodgates to people coming up with

322
00:11:02,419 --> 00:11:05,559
Joe Schmo coin and all these things. And

323
00:11:05,735 --> 00:11:07,915
it's kinda crazy because the meme coin

324
00:11:09,335 --> 00:11:09,835
world

325
00:11:10,295 --> 00:11:11,915
has done a couple things inadvertently.

326
00:11:13,175 --> 00:11:14,774
It brought a bunch of people into crypto

327
00:11:14,774 --> 00:11:15,975
who never would have been in crypto because

328
00:11:15,975 --> 00:11:17,095
they think they can make some quick money,

329
00:11:17,095 --> 00:11:19,335
and, unfortunately, the system is showing that that's

330
00:11:19,335 --> 00:11:20,309
possible. Right?

331
00:11:21,590 --> 00:11:23,350
But all these people who are buying into

332
00:11:23,350 --> 00:11:24,409
this Solana ecosystem,

333
00:11:25,669 --> 00:11:27,429
I don't really know that they're seeing the

334
00:11:27,429 --> 00:11:30,070
long term value in things. And that's another

335
00:11:30,070 --> 00:11:31,830
issue with independent media token. We're not a

336
00:11:31,830 --> 00:11:34,784
quick flip at all. Right. So we studied

337
00:11:34,784 --> 00:11:36,465
the market, the Solana market, and how to

338
00:11:36,465 --> 00:11:37,985
get into the Solana market and how to

339
00:11:37,985 --> 00:11:39,985
get things moving in the Solana market, and

340
00:11:39,985 --> 00:11:43,024
we became somewhat experts on the process of

341
00:11:43,024 --> 00:11:45,184
how to launch a token on Solana. But

342
00:11:45,184 --> 00:11:46,865
then we very quickly realized over the last

343
00:11:46,865 --> 00:11:47,605
couple weeks

344
00:11:48,110 --> 00:11:49,329
that that ecosystem

345
00:11:49,870 --> 00:11:51,009
and what we're doing

346
00:11:51,470 --> 00:11:52,529
are very different.

347
00:11:53,149 --> 00:11:54,850
We're using an incredible ecosystem,

348
00:11:55,230 --> 00:11:57,949
but the nobody has ever seen a valid

349
00:11:57,949 --> 00:12:00,269
project on Solana with the exception of the

350
00:12:00,269 --> 00:12:01,250
exchange tokens.

351
00:12:01,554 --> 00:12:01,795
Mhmm.

352
00:12:02,434 --> 00:12:04,615
Because the exchange tokens need them to facilitate

353
00:12:04,675 --> 00:12:07,654
their exchanges. But there are no other legitimate

354
00:12:07,795 --> 00:12:09,915
projects even attempting to launch on Solana, which

355
00:12:09,915 --> 00:12:11,634
I think is gonna really set us apart

356
00:12:11,634 --> 00:12:14,529
once people realize what we're doing. Right. But,

357
00:12:14,690 --> 00:12:16,850
another thing is that the we're looking at

358
00:12:16,850 --> 00:12:19,429
crypto style marketing for this ecosystem.

359
00:12:19,970 --> 00:12:21,669
We realized really quickly that

360
00:12:22,129 --> 00:12:23,269
it's mostly fake.

361
00:12:23,649 --> 00:12:24,629
Most of this

362
00:12:25,089 --> 00:12:27,345
most of the volume that you see on

363
00:12:27,345 --> 00:12:29,105
Solana and a lot of these meme coins,

364
00:12:29,105 --> 00:12:30,465
like on base or some of these other

365
00:12:30,465 --> 00:12:31,845
new chains are popping up,

366
00:12:32,304 --> 00:12:33,524
this is smoke and mirrors.

367
00:12:33,904 --> 00:12:36,325
This is all bot volume. It is all,

368
00:12:36,865 --> 00:12:39,720
you know, bot followers on Twitter. It's they

369
00:12:39,720 --> 00:12:41,559
give this fake appearance that they have a

370
00:12:41,559 --> 00:12:43,799
big project, and then that tricks people into

371
00:12:43,799 --> 00:12:46,620
buying in, and then it becomes a kind

372
00:12:47,559 --> 00:12:50,120
of self fulfilling prophecy. Right? So you got

373
00:12:50,120 --> 00:12:51,975
people out there launching coins that do nothing,

374
00:12:52,054 --> 00:12:53,654
spending $20.30, $4,050,000

375
00:12:53,654 --> 00:12:55,095
dollars to get off the ground and roping

376
00:12:55,095 --> 00:12:57,334
people in, and they're all using volume bots.

377
00:12:57,334 --> 00:12:59,495
They're using, you know, Twitter bots, everything. We're

378
00:12:59,495 --> 00:13:01,174
not doing that. We made the decision. Once

379
00:13:01,174 --> 00:13:02,774
we came to understand that was what was

380
00:13:02,774 --> 00:13:04,694
going on and how the vast majority of

381
00:13:04,694 --> 00:13:06,580
volume that we're seeing is fake, We're like,

382
00:13:06,580 --> 00:13:07,620
oh, we're not gonna do that. And if

383
00:13:07,620 --> 00:13:08,820
it takes us five if it takes us

384
00:13:08,820 --> 00:13:10,580
five years to get organic volume, that's what

385
00:13:10,580 --> 00:13:12,019
we're gonna do. We're not gonna waste our

386
00:13:12,019 --> 00:13:13,779
time with this BS. Right. And this is

387
00:13:13,779 --> 00:13:15,940
a good example of in any field, whether

388
00:13:15,940 --> 00:13:17,860
independent media or, you know, whatever we're talking

389
00:13:17,860 --> 00:13:20,115
about, that in this moment, he could have

390
00:13:20,115 --> 00:13:22,674
chosen to do the wrong thing even for

391
00:13:22,674 --> 00:13:24,595
the right reasons. You know, been like, well,

392
00:13:24,595 --> 00:13:26,355
that's the way this system works even though

393
00:13:26,355 --> 00:13:28,274
it's dishonest. Maybe we can get there and

394
00:13:28,274 --> 00:13:29,875
then use it for good. Right? The same

395
00:13:29,875 --> 00:13:32,134
logic people convince themselves of going into politics.

396
00:13:32,379 --> 00:13:34,459
The point is you're still doing something wrong.

397
00:13:34,459 --> 00:13:36,059
Right? And so I Right. Give you a

398
00:13:36,059 --> 00:13:38,220
lot of credit for choosing the difficult path

399
00:13:38,220 --> 00:13:39,659
because it's the right thing to do. And

400
00:13:39,659 --> 00:13:41,179
I think that's important to point out. Yeah.

401
00:13:41,179 --> 00:13:42,779
A lot of things that we anticipated when

402
00:13:42,779 --> 00:13:45,019
we started, we realized after we did them,

403
00:13:45,019 --> 00:13:46,845
oh, we probably shouldn't have done that. Like,

404
00:13:46,845 --> 00:13:48,945
the manner in which we launched the LP

405
00:13:49,164 --> 00:13:50,625
is totally fine. Everything's

406
00:13:51,004 --> 00:13:51,904
working great.

407
00:13:52,684 --> 00:13:54,704
But we don't make any money on fees

408
00:13:54,764 --> 00:13:57,084
like everyone else does because we did it

409
00:13:57,084 --> 00:13:59,824
a legitimate way as opposed to a,

410
00:14:00,929 --> 00:14:02,769
a nonlegitimate way. So let me explain this

411
00:14:02,769 --> 00:14:04,689
really quickly. So when people launch, like, these

412
00:14:04,689 --> 00:14:07,829
meme tokens, they will immediately take their,

413
00:14:08,689 --> 00:14:10,769
LP token. So if you launch an LP,

414
00:14:10,769 --> 00:14:12,850
a liquidity pool, that means you put up,

415
00:14:12,850 --> 00:14:14,544
say, a bunch of Solana on one side

416
00:14:14,544 --> 00:14:15,745
and then a bunch of your token on

417
00:14:15,745 --> 00:14:17,845
the other side. You create the trading pool

418
00:14:18,144 --> 00:14:19,904
that people will then buy your token out

419
00:14:19,904 --> 00:14:22,304
of. Right? Once you create that, you are

420
00:14:22,304 --> 00:14:25,524
given what's called LP tokens, which are generated

421
00:14:25,585 --> 00:14:27,920
on the spot, which is your claim to

422
00:14:27,920 --> 00:14:29,680
the liquidity pool. So you can own that

423
00:14:29,680 --> 00:14:30,980
liquidity pool. Right?

424
00:14:31,360 --> 00:14:33,360
So the vast majority of people who put

425
00:14:33,360 --> 00:14:36,000
out these means, they take this liquidity pool

426
00:14:36,000 --> 00:14:38,100
tokens, and then they burn them,

427
00:14:39,054 --> 00:14:41,695
through Raydium, and that allows them to collect

428
00:14:41,695 --> 00:14:44,495
fees. But they burnt the liquidity pool tokens,

429
00:14:44,495 --> 00:14:46,894
which means nobody can ever access that LP

430
00:14:46,894 --> 00:14:47,394
ever.

431
00:14:47,774 --> 00:14:50,595
Right? So if that LP grows to $5,000,000,

432
00:14:50,690 --> 00:14:53,329
doesn't matter. Nobody can ever access that LP

433
00:14:53,329 --> 00:14:55,829
for future growth. This is what all of

434
00:14:56,209 --> 00:14:58,049
the meme coin tokens do. They burn their

435
00:14:58,049 --> 00:15:00,209
LPs. And this to me is the sign

436
00:15:00,209 --> 00:15:02,209
of a short sighted project that's not planning

437
00:15:02,209 --> 00:15:04,644
on being around long term. Because we we

438
00:15:04,644 --> 00:15:06,504
decided not to burn our LP tokens,

439
00:15:07,365 --> 00:15:08,105
and, therefore,

440
00:15:08,485 --> 00:15:09,465
we have the ability

441
00:15:10,165 --> 00:15:12,404
to move tokens around to other exchanges in

442
00:15:12,404 --> 00:15:14,825
the future as we grow as opposed to

443
00:15:15,045 --> 00:15:17,785
shoehorning ourselves into burning our tokens, and, therefore,

444
00:15:17,929 --> 00:15:20,429
the project would have been fundamentally locked forever.

445
00:15:20,649 --> 00:15:22,990
So what what's the oh, sorry. Which what?

446
00:15:23,049 --> 00:15:24,730
We would have been locked forever. Like so

447
00:15:24,730 --> 00:15:26,009
if you create an LP and you burn

448
00:15:26,009 --> 00:15:27,149
your tokens, it's inaccessible.

449
00:15:27,929 --> 00:15:29,289
So you could end up having an LP

450
00:15:29,289 --> 00:15:30,250
with $5,000,000

451
00:15:30,250 --> 00:15:31,929
in it that's no one's ever gonna be

452
00:15:31,929 --> 00:15:33,894
able to access. Right. Well, what it's gonna

453
00:15:33,894 --> 00:15:35,575
ask is the so what's the benefit of

454
00:15:35,575 --> 00:15:37,654
these groups doing that? Okay. So when you

455
00:15:37,654 --> 00:15:40,134
burn your tokens through Radium Mhmm. That allows

456
00:15:40,134 --> 00:15:40,955
you to collect

457
00:15:41,335 --> 00:15:42,955
a point two $5.02,

458
00:15:43,815 --> 00:15:46,134
fee in Solana for every transaction. Right? So

459
00:15:46,134 --> 00:15:47,894
you deal So they're they're they're screwing their

460
00:15:47,894 --> 00:15:48,555
long term

461
00:15:49,059 --> 00:15:51,720
potential growth and change for immediate benefits. Yes.

462
00:15:51,779 --> 00:15:53,139
Yeah. I get it. You nailed it. You

463
00:15:53,139 --> 00:15:55,699
nailed it. They're they're screwing themselves long term

464
00:15:55,699 --> 00:15:57,620
for short term gain, which we didn't do

465
00:15:57,620 --> 00:15:59,860
that. Plan long term because we're back. Pump

466
00:15:59,860 --> 00:16:02,100
and dumb style. Yeah. Correct. And so we

467
00:16:02,100 --> 00:16:03,699
didn't do that. We made the decision not

468
00:16:03,699 --> 00:16:05,764
to do that and to forego any fee

469
00:16:05,764 --> 00:16:07,445
money that we would make on the trading

470
00:16:07,445 --> 00:16:09,205
because we we believe in the token itself.

471
00:16:09,205 --> 00:16:10,725
We believe in the project itself, and we

472
00:16:10,725 --> 00:16:11,865
have no doubts whatsoever.

473
00:16:12,325 --> 00:16:14,245
In the next two years, we're pretty much

474
00:16:14,245 --> 00:16:16,404
convinced we're gonna hit around a $10,000,000 market

475
00:16:16,404 --> 00:16:16,740
cap.

476
00:16:17,220 --> 00:16:19,459
And today today, we're sitting at about a

477
00:16:19,459 --> 00:16:20,899
$55,000

478
00:16:20,899 --> 00:16:23,220
market cap. So we anticipate a 100 x

479
00:16:23,220 --> 00:16:24,919
in value in the next two years.

480
00:16:25,379 --> 00:16:27,459
Nice. Yeah. And that's based on just simply

481
00:16:27,459 --> 00:16:30,419
looking at market trends, looking at our ability

482
00:16:30,419 --> 00:16:31,159
to do marketing,

483
00:16:31,865 --> 00:16:33,464
and, you know, a whole number of other

484
00:16:33,464 --> 00:16:33,964
factors.

485
00:16:34,264 --> 00:16:34,504
But

486
00:16:35,144 --> 00:16:35,884
Go ahead.

487
00:16:36,264 --> 00:16:38,825
We think that's a very reasonable number. 10,000,000

488
00:16:38,825 --> 00:16:40,605
really keeps still keeps us off the radar,

489
00:16:41,225 --> 00:16:43,144
and it gives us a 10,000,000 market cap

490
00:16:43,144 --> 00:16:45,144
would give us around a million dollars a

491
00:16:45,144 --> 00:16:47,899
year to distribute for independent media projects. That's

492
00:16:47,899 --> 00:16:50,059
outstanding. And, see, my mindset is always I'm

493
00:16:50,059 --> 00:16:52,059
sure you know within this or anything, any

494
00:16:52,059 --> 00:16:53,899
project. You know? And and I know it's

495
00:16:53,899 --> 00:16:55,419
in a weird in in a way, it's

496
00:16:55,419 --> 00:16:55,919
counterintuitive.

497
00:16:56,539 --> 00:16:57,899
Marketing and all that is a in an

498
00:16:57,980 --> 00:17:00,539
is an unfortunate necessary part of everything we

499
00:17:00,539 --> 00:17:02,065
seem to be involved. I know. I hate

500
00:17:02,065 --> 00:17:03,664
it, though. And my my my audience knows.

501
00:17:03,664 --> 00:17:05,585
I'm I'm like, it seems like a, you

502
00:17:05,585 --> 00:17:06,944
know, it's just like a dirty word to

503
00:17:06,944 --> 00:17:08,065
me. I hate I hate the idea of

504
00:17:08,065 --> 00:17:10,625
selling yourself, but it is necessary. My point,

505
00:17:10,625 --> 00:17:11,424
though, is that,

506
00:17:11,825 --> 00:17:12,304
you know, in this

507
00:17:13,424 --> 00:17:14,704
what else I gonna say? I just lost

508
00:17:14,704 --> 00:17:16,190
my train of thought. But the the you

509
00:17:16,190 --> 00:17:17,809
were saying something about the marketing.

510
00:17:18,349 --> 00:17:20,190
I just lost it. Yeah. The marketing is,

511
00:17:20,429 --> 00:17:22,589
the marketing in crypto is is I can't

512
00:17:22,589 --> 00:17:24,429
believe how fake it is. Oh, here's one

513
00:17:24,429 --> 00:17:26,269
thing that we really realized is that so

514
00:17:26,269 --> 00:17:28,785
there's certain channels that you go through that

515
00:17:28,785 --> 00:17:30,865
people who trade these kind of Solana, you

516
00:17:30,865 --> 00:17:33,184
know, mean coin kind of things look for.

517
00:17:33,184 --> 00:17:34,865
Right? They look for if you have burnt

518
00:17:34,865 --> 00:17:36,225
your LP. They look for if you do

519
00:17:36,225 --> 00:17:38,065
this. There's a whole checklist of things that

520
00:17:38,065 --> 00:17:40,144
they look for. So we look into that

521
00:17:40,144 --> 00:17:41,525
checklist and doing that checklist,

522
00:17:41,940 --> 00:17:44,259
and we realize that that in and of

523
00:17:44,259 --> 00:17:44,759
itself

524
00:17:45,139 --> 00:17:47,460
keeps the market small. And and if you're

525
00:17:47,460 --> 00:17:50,419
only doing specific marketing through these very specific

526
00:17:50,419 --> 00:17:52,899
channels that very specific people look for, you're

527
00:17:52,899 --> 00:17:54,825
shutting yourself off to the much wider world.

528
00:17:54,984 --> 00:17:56,264
And so we decided we're not gonna do

529
00:17:56,264 --> 00:17:59,384
this typical crypto marketing path. We're gonna focus

530
00:17:59,384 --> 00:18:01,784
on the larger scale platforms that everyone's on,

531
00:18:01,784 --> 00:18:04,365
like x and like Facebook and the traditional

532
00:18:04,424 --> 00:18:07,704
stuff because then we have access to marketing

533
00:18:07,704 --> 00:18:09,670
in front of a a much larger audience

534
00:18:09,730 --> 00:18:11,650
than if we limit ourselves just to the

535
00:18:11,650 --> 00:18:14,609
small number of crypto marketing places where everyone

536
00:18:14,609 --> 00:18:16,130
expects you to market. You know? Right. That

537
00:18:16,130 --> 00:18:17,970
makes sense. We're taking we're taking a much

538
00:18:17,970 --> 00:18:19,750
more traditional approach to everything,

539
00:18:20,609 --> 00:18:22,609
as opposed to a crypto approach, really, which

540
00:18:22,609 --> 00:18:25,555
sounds kind of counterintuitive, but it's it's necessary.

541
00:18:25,855 --> 00:18:26,974
Yeah. This is what I mean is and

542
00:18:26,974 --> 00:18:28,015
I remember what I was gonna say is

543
00:18:28,015 --> 00:18:29,855
that, like, the I come I tend to

544
00:18:29,855 --> 00:18:31,535
come in everything I do for much more

545
00:18:31,535 --> 00:18:32,974
of this, you know, if you build it,

546
00:18:32,974 --> 00:18:34,615
they will come kind of a mindset. Right?

547
00:18:34,615 --> 00:18:36,174
Do the right thing for the right reasons.

548
00:18:36,174 --> 00:18:37,589
And and, you know, I I love the

549
00:18:37,589 --> 00:18:39,670
mind that most people are not just wanting

550
00:18:39,670 --> 00:18:41,069
that but thirsty for it with the way

551
00:18:41,069 --> 00:18:42,710
the world is today. But so that's the

552
00:18:42,710 --> 00:18:43,910
idea is that it's like, you know, you're

553
00:18:43,910 --> 00:18:46,470
building something that is going to show value

554
00:18:46,470 --> 00:18:48,869
because, you know, like so ultimately, at its

555
00:18:48,869 --> 00:18:49,609
end result,

556
00:18:50,184 --> 00:18:51,945
I I argue without marketing at all, like,

557
00:18:51,945 --> 00:18:52,845
once it becomes

558
00:18:53,144 --> 00:18:55,144
a a a a discussion point in independent

559
00:18:55,144 --> 00:18:57,724
media that this new token just literally handed

560
00:18:57,785 --> 00:18:59,065
a $10,000

561
00:18:59,065 --> 00:19:01,464
free grant to a media person, that's gonna

562
00:19:01,625 --> 00:19:03,669
that is in and of itself going to

563
00:19:03,669 --> 00:19:05,429
build like, that's my point. Right. You'll that

564
00:19:05,669 --> 00:19:07,109
you're gonna go, wow. That's something that I

565
00:19:07,109 --> 00:19:09,990
wanna support. The end product is the best

566
00:19:09,990 --> 00:19:11,849
marketing we could ever do,

567
00:19:12,389 --> 00:19:14,815
and that we that, I think, is what's

568
00:19:14,815 --> 00:19:16,575
really going to set us apart. And here's

569
00:19:16,575 --> 00:19:18,095
another thing. Now here's the thing that sets

570
00:19:18,095 --> 00:19:18,755
us apart.

571
00:19:19,535 --> 00:19:21,295
You guys are looking at my face right

572
00:19:21,295 --> 00:19:22,815
now, and you guys all know my name

573
00:19:22,815 --> 00:19:24,654
and how to get ahold of me. Right.

574
00:19:24,654 --> 00:19:27,295
There ain't no there there's no shadiness going

575
00:19:27,295 --> 00:19:29,519
on here, and that's what everyone's afraid of.

576
00:19:29,599 --> 00:19:31,039
You know what I mean? Yeah. So the

577
00:19:31,519 --> 00:19:34,339
go ahead. Go ahead. The the fact that

578
00:19:35,680 --> 00:19:38,480
so many people are putting huge amounts of

579
00:19:38,480 --> 00:19:40,019
money into projects

580
00:19:40,320 --> 00:19:42,960
that they have no idea who's behind the

581
00:19:42,960 --> 00:19:43,460
project

582
00:19:43,845 --> 00:19:44,664
is insane.

583
00:19:45,525 --> 00:19:46,964
I sat up the other night, and so

584
00:19:46,964 --> 00:19:48,565
I talked about that checklist of things you're

585
00:19:48,565 --> 00:19:49,924
supposed to do to get people wanting to

586
00:19:49,924 --> 00:19:51,125
get into your token. And right and so

587
00:19:51,125 --> 00:19:53,044
I go to deck screener all the time,

588
00:19:53,044 --> 00:19:55,444
and I'm constantly looking at tokens to see

589
00:19:55,444 --> 00:19:58,320
which ones are doing the checklist, how successful

590
00:19:58,380 --> 00:19:59,680
are they, and this and that.

591
00:20:00,460 --> 00:20:02,299
And people have learned how to do the

592
00:20:02,299 --> 00:20:04,140
checklist to make it look legit and then

593
00:20:04,140 --> 00:20:06,140
still rug you. I watched one the other

594
00:20:06,140 --> 00:20:07,500
day. I watched one for a couple hours

595
00:20:07,500 --> 00:20:08,779
go up, like, four or five times in

596
00:20:08,779 --> 00:20:10,700
value. Everything looked legit on the up and

597
00:20:10,700 --> 00:20:11,200
up

598
00:20:11,505 --> 00:20:13,744
as per those mean coin standards. Right? And

599
00:20:13,744 --> 00:20:16,305
then boom. Whole project, $2,000,000 rugged in a

600
00:20:16,305 --> 00:20:18,625
in an instant. It was wild. And that's

601
00:20:18,625 --> 00:20:20,224
the second rug that I've seen in two

602
00:20:20,224 --> 00:20:21,984
weeks. Like, in real time, I just click

603
00:20:21,984 --> 00:20:24,210
it and I watch, and then, boom. There

604
00:20:24,210 --> 00:20:26,130
it goes. Right? So these things are happening

605
00:20:26,130 --> 00:20:27,589
all the time, and there's no recourse.

606
00:20:27,890 --> 00:20:30,690
Now that Trump say, Trump is a double

607
00:20:30,690 --> 00:20:32,690
edged sword again like everything else. He he

608
00:20:32,690 --> 00:20:33,890
does good stuff, and he does stuff that

609
00:20:33,890 --> 00:20:35,970
totally makes me wanna just pull the hairs

610
00:20:35,970 --> 00:20:37,664
out of my head. And so,

611
00:20:38,705 --> 00:20:39,984
oh, shit, man. I just totally lost my

612
00:20:39,984 --> 00:20:41,045
train of thought too.

613
00:20:41,424 --> 00:20:44,384
It's about contagious. But trumps trumps this whole

614
00:20:44,465 --> 00:20:45,984
let me kinda add something different. This this

615
00:20:45,984 --> 00:20:48,384
whole recent push, right, I think is is

616
00:20:48,384 --> 00:20:50,945
more smoke and mirrors. This whole government's getting

617
00:20:50,945 --> 00:20:53,880
involved, hedge funds are getting involved, all this

618
00:20:53,880 --> 00:20:55,900
stuff. Bitcoin's going to 10,000,000.

619
00:20:56,119 --> 00:20:58,920
Right? I 100% believe Bitcoin's going to $10,000,000.

620
00:20:58,920 --> 00:21:01,880
It's inevitable because of the core functionality of

621
00:21:01,880 --> 00:21:04,599
what Bitcoin is and what it does. Bitcoin,

622
00:21:04,599 --> 00:21:06,519
I can send you a transaction without government

623
00:21:06,519 --> 00:21:07,019
permission.

624
00:21:07,454 --> 00:21:09,454
That's it. That's the whole purpose of Bitcoin.

625
00:21:09,454 --> 00:21:11,454
For now, anyway, it seems. Well, they have

626
00:21:11,454 --> 00:21:13,134
to change the underlying code. And in order

627
00:21:13,134 --> 00:21:14,595
to do that, you gotta compromise

628
00:21:14,974 --> 00:21:17,615
the nodes. Yeah. And if nodes are being

629
00:21:17,615 --> 00:21:19,214
run by die hard die hard Bitcoiners, I

630
00:21:19,214 --> 00:21:20,575
don't think they're gonna be able to be

631
00:21:20,575 --> 00:21:22,515
successful in that in that arena.

632
00:21:22,880 --> 00:21:24,480
But I don't think we're going to this

633
00:21:24,480 --> 00:21:26,660
million dollar Bitcoin anytime soon. Mhmm.

634
00:21:27,759 --> 00:21:29,840
What I've seen is BlackRock and all these

635
00:21:29,840 --> 00:21:32,420
other companies have been buying

636
00:21:32,880 --> 00:21:33,380
Bitcoin,

637
00:21:34,640 --> 00:21:37,424
like, billions upon billions upon billions.

638
00:21:37,724 --> 00:21:39,585
And what is it under the market cap?

639
00:21:39,884 --> 00:21:40,384
Nothing.

640
00:21:40,924 --> 00:21:43,244
Mhmm. Nothing. They've been buying over the counter

641
00:21:43,244 --> 00:21:45,664
at set prices that don't affect market value.

642
00:21:46,044 --> 00:21:47,884
Okay? And how many has BlackRock got? They

643
00:21:47,884 --> 00:21:49,085
got, like, 700,000

644
00:21:49,085 --> 00:21:51,509
Bitcoin. Okay? There ain't much room for them

645
00:21:51,509 --> 00:21:54,089
to get much more. There is not much

646
00:21:54,869 --> 00:21:56,230
the people who are looking to buy Bitcoin

647
00:21:56,230 --> 00:21:57,429
that we've been hearing about, yeah, they got

648
00:21:57,429 --> 00:21:58,869
their Bitcoin. We heard about it after the

649
00:21:58,869 --> 00:22:00,710
fact. Yeah. And the price didn't go anywhere.

650
00:22:00,710 --> 00:22:01,950
Right? How do you look when you look

651
00:22:01,990 --> 00:22:03,509
Can you explain that? Yeah. So when you

652
00:22:03,509 --> 00:22:04,454
buy over the counter,

653
00:22:05,654 --> 00:22:07,494
you have your standard, you know, you have

654
00:22:07,494 --> 00:22:09,575
your standard liquidity pools people can buy from.

655
00:22:09,575 --> 00:22:11,734
You have your centralized exchanges where people can

656
00:22:11,734 --> 00:22:12,875
sell. But,

657
00:22:14,774 --> 00:22:16,294
I'm sorry. Can you repeat the question again?

658
00:22:16,294 --> 00:22:17,869
I lost my train of thought. Well, no.

659
00:22:17,869 --> 00:22:20,549
Just the idea of the the the the

660
00:22:20,549 --> 00:22:23,029
mechanism you just highlighted there. You're explaining the

661
00:22:23,029 --> 00:22:24,470
the I I I mean, I I can't

662
00:22:24,549 --> 00:22:25,929
that's why I was asking for explanation

663
00:22:26,230 --> 00:22:27,769
on it. Like, the the,

664
00:22:28,309 --> 00:22:30,230
I've seen that. I can't I can't hack

665
00:22:30,230 --> 00:22:31,634
you. I'm sorry. But it's like the the

666
00:22:31,634 --> 00:22:33,394
mechanism you just described there about the the

667
00:22:33,394 --> 00:22:35,234
money and the overlapping point of how it's

668
00:22:35,234 --> 00:22:35,734
made.

669
00:22:36,035 --> 00:22:37,634
Right. So the over the counter, when you

670
00:22:37,634 --> 00:22:38,994
buy over the counter, it doesn't affect the

671
00:22:38,994 --> 00:22:41,234
market. So you have markets The changing of

672
00:22:41,234 --> 00:22:43,154
the yeah. Right. And so but there are

673
00:22:43,154 --> 00:22:45,315
people who call up Coinbase, and they're like,

674
00:22:45,315 --> 00:22:46,035
look. I got,

675
00:22:46,619 --> 00:22:48,779
I wanna buy, 500,000,000

676
00:22:48,779 --> 00:22:49,440
in Bitcoin.

677
00:22:49,819 --> 00:22:51,900
Right? And they got other people on the

678
00:22:51,900 --> 00:22:53,259
other end who are like, I got that

679
00:22:53,259 --> 00:22:53,839
to sell.

680
00:22:54,380 --> 00:22:56,460
Those are not going through the exchanges that

681
00:22:56,460 --> 00:22:59,019
change the price. Mhmm. Right? They go over

682
00:22:59,019 --> 00:23:01,734
the counter at the current price in bulk.

683
00:23:01,875 --> 00:23:03,875
So you're gonna buy half a billion dollars

684
00:23:03,875 --> 00:23:05,654
in Bitcoin at a fixed price.

685
00:23:06,035 --> 00:23:07,154
Not like if you were to buy it

686
00:23:07,154 --> 00:23:08,994
on an exchange that would drive the price

687
00:23:08,994 --> 00:23:11,634
up. So all these institutions are buying over

688
00:23:11,634 --> 00:23:13,470
the counter. So much Not that they're Why

689
00:23:13,470 --> 00:23:15,029
are they doing that? And what's the like,

690
00:23:15,029 --> 00:23:16,950
so there are they what's the what's their

691
00:23:16,950 --> 00:23:20,069
interest in not affecting the price? Okay. Well,

692
00:23:20,069 --> 00:23:21,589
why they want to not affect the price,

693
00:23:21,589 --> 00:23:22,869
obviously, is so they can buy at the

694
00:23:22,869 --> 00:23:24,390
low price. But when they buy over the

695
00:23:24,390 --> 00:23:24,890
counter,

696
00:23:25,509 --> 00:23:27,369
the sheer volume of

697
00:23:28,134 --> 00:23:30,154
Bitcoin that they would buy at one time

698
00:23:30,295 --> 00:23:30,795
necessitates

699
00:23:31,174 --> 00:23:32,855
it can't go through the market because it's

700
00:23:32,855 --> 00:23:34,775
it's too much. They would they would radically

701
00:23:34,775 --> 00:23:37,414
change the market. Radically. Yeah. Radically. So what

702
00:23:37,414 --> 00:23:39,174
do they do? They just find buyers and

703
00:23:39,174 --> 00:23:40,315
sellers that they coordinate

704
00:23:40,855 --> 00:23:43,339
off the market to sell at fixed prices.

705
00:23:43,640 --> 00:23:45,480
And that's kinda how you have to operate

706
00:23:45,480 --> 00:23:48,039
if you're buying mass sums like that. But

707
00:23:48,039 --> 00:23:50,140
it's it's screwed everybody else who's holding.

708
00:23:50,440 --> 00:23:51,960
Right. If those guys have would have bought

709
00:23:51,960 --> 00:23:54,279
all those Bitcoin on the open market, we'd

710
00:23:54,279 --> 00:23:56,039
be looking at the million plus Bitcoin right

711
00:23:56,039 --> 00:23:58,244
now. Yeah. See, that's very deceptive. Right? Because,

712
00:23:58,244 --> 00:23:59,924
obviously, they want that to happen when they're

713
00:23:59,924 --> 00:24:01,444
in their position to gain from. You're right.

714
00:24:01,444 --> 00:24:03,284
Right. And this right now, over the past

715
00:24:03,284 --> 00:24:05,684
day or two, we're seeing a $300,000,000

716
00:24:05,684 --> 00:24:06,744
ETF liquidation.

717
00:24:07,605 --> 00:24:09,384
So it's another thing. The ETFs,

718
00:24:10,309 --> 00:24:12,250
had a a a fair,

719
00:24:13,029 --> 00:24:14,950
role in driving the price to a 100,000,

720
00:24:14,950 --> 00:24:17,529
you know, from $50.60, whatever. But,

721
00:24:17,990 --> 00:24:18,490
ultimately,

722
00:24:19,109 --> 00:24:20,410
they don't see Bitcoin

723
00:24:20,789 --> 00:24:23,910
as I do. Okay? They don't see Bitcoin

724
00:24:23,910 --> 00:24:25,049
as being a

725
00:24:26,085 --> 00:24:28,325
ramp off of the Fiat system. They don't

726
00:24:28,325 --> 00:24:29,845
they don't see it like that. To them,

727
00:24:29,845 --> 00:24:31,605
it's just another asset that they're gonna buy

728
00:24:31,605 --> 00:24:33,285
and sell to make money on. That's what

729
00:24:33,285 --> 00:24:34,884
the government frames it today. That's that's kind

730
00:24:34,884 --> 00:24:36,884
of the deviation from the Trump administration is

731
00:24:36,884 --> 00:24:38,565
to almost coop that as opposed to allow

732
00:24:38,565 --> 00:24:40,730
it to to change the system. They wanna

733
00:24:40,730 --> 00:24:42,169
bolster the system with it. Well, here's the

734
00:24:42,169 --> 00:24:45,369
thing. Satoshi anticipated all of this. Like, there's

735
00:24:45,369 --> 00:24:47,869
nothing that's happening with governments or with

736
00:24:48,329 --> 00:24:50,329
ETFs or any of this that he didn't

737
00:24:50,329 --> 00:24:50,829
anticipate.

738
00:24:51,130 --> 00:24:53,474
And he kind of anticipated that in order

739
00:24:53,474 --> 00:24:55,315
for it to even get to the value

740
00:24:55,315 --> 00:24:57,555
of a million dollars plus or whatever, that

741
00:24:57,555 --> 00:24:58,914
would it would need to be able to

742
00:24:58,914 --> 00:25:00,434
pull, like, half the world out of poverty

743
00:25:00,434 --> 00:25:02,595
or whatever. You kinda needed that kind of

744
00:25:02,595 --> 00:25:04,275
institutional money to drive it there in the

745
00:25:04,275 --> 00:25:06,855
first place. Like, Satoshi was not an idiot.

746
00:25:07,029 --> 00:25:09,130
Wait. But we we we would argue

747
00:25:09,430 --> 00:25:11,589
what the debate becomes whether or not whether

748
00:25:11,589 --> 00:25:13,589
he was aware of that almost inevitability that

749
00:25:13,589 --> 00:25:14,950
that would what he would want it to

750
00:25:14,950 --> 00:25:16,869
become based on the original ideas. Right? Like,

751
00:25:16,869 --> 00:25:18,950
it's almost that, you know, it it was

752
00:25:18,950 --> 00:25:20,845
not meant to be a a holding store

753
00:25:20,845 --> 00:25:23,005
value, but rather a a a currency that

754
00:25:23,005 --> 00:25:25,005
could circumvent the system. But these we we

755
00:25:25,005 --> 00:25:26,544
could go in this is a whole conversation.

756
00:25:26,605 --> 00:25:28,544
You know? Right. People say that, but,

757
00:25:28,924 --> 00:25:30,625
people say that, but here's the thing.

758
00:25:32,284 --> 00:25:32,944
That doesn't

759
00:25:34,490 --> 00:25:36,009
I'm not I'm not saying that's what the

760
00:25:36,009 --> 00:25:37,529
case is, but that's one of the per

761
00:25:37,609 --> 00:25:40,329
perceptions on you know? So it's debated, obviously.

762
00:25:40,329 --> 00:25:42,169
But it's it's interesting to think about because,

763
00:25:42,169 --> 00:25:42,669
ultimately,

764
00:25:43,289 --> 00:25:45,690
what it the original idea does seem to

765
00:25:45,690 --> 00:25:46,730
be set up in a way that is

766
00:25:46,730 --> 00:25:49,434
more about, you know, undermining the current financial

767
00:25:49,434 --> 00:25:51,194
system as opposed to making it stronger. I

768
00:25:51,194 --> 00:25:52,174
think that's clearly

769
00:25:52,554 --> 00:25:54,154
going away from that. And, you know, but

770
00:25:54,154 --> 00:25:55,355
but like I said, the last time we

771
00:25:55,355 --> 00:25:56,474
talked about this thing, it was aim wake

772
00:25:56,474 --> 00:25:58,154
up. You know, maybe that's what Satoshi, if

773
00:25:58,154 --> 00:25:59,674
he was here in the conversation, would argue

774
00:25:59,674 --> 00:26:01,115
is what should be happening now. I I

775
00:26:01,115 --> 00:26:02,900
don't know. But it's just I just as

776
00:26:02,900 --> 00:26:04,500
you know where I come from, I'm very

777
00:26:04,579 --> 00:26:06,259
always scared of the government and what they're

778
00:26:06,259 --> 00:26:08,660
doing. I'm worried about that direction. You know?

779
00:26:08,660 --> 00:26:11,140
Right. Well, so Satoshi envisioned Bitcoin as being

780
00:26:11,140 --> 00:26:14,200
a self imagine it as a financial ecosystem

781
00:26:14,500 --> 00:26:16,335
that you didn't need off ramps because Yeah.

782
00:26:16,335 --> 00:26:18,654
Right. Everyone was just using Bitcoin. Right? Right.

783
00:26:18,654 --> 00:26:19,794
That was how he envisioned.

784
00:26:20,575 --> 00:26:22,734
That's not gonna ever happen. I'm sorry. Like,

785
00:26:22,734 --> 00:26:24,734
what percentage of people own gold? Like, five

786
00:26:24,974 --> 00:26:25,535
Yeah. Right.

787
00:26:26,015 --> 00:26:27,454
The point is we that may that we

788
00:26:27,454 --> 00:26:29,429
should still whether or not it seems inevitable

789
00:26:29,429 --> 00:26:31,190
or not, is this something that people wanted

790
00:26:31,190 --> 00:26:32,950
to fight for? And the argument is that's

791
00:26:32,950 --> 00:26:34,630
what is not happening now. And that's where

792
00:26:34,630 --> 00:26:35,990
that kind of feeling comes from, which I'm

793
00:26:35,990 --> 00:26:38,089
sure you understand. So there's a major contradiction

794
00:26:38,710 --> 00:26:38,869
in

795
00:26:41,934 --> 00:26:43,455
this might just be my opinion, but this

796
00:26:43,455 --> 00:26:44,494
is what I've seen over and over and

797
00:26:44,494 --> 00:26:47,375
over again. If I have something that's gonna

798
00:26:47,375 --> 00:26:49,455
be worth more money tomorrow, I'm not gonna

799
00:26:49,455 --> 00:26:51,695
wanna spend it today. Mhmm. I would never

800
00:26:51,855 --> 00:26:52,975
in 1985,

801
00:26:52,975 --> 00:26:54,575
I wouldn't go buy a cup of coffee

802
00:26:54,575 --> 00:26:57,420
with Microsoft stock. You know, it'd be ridiculous.

803
00:26:58,440 --> 00:27:01,259
That same sentiment will hold true for Bitcoin

804
00:27:01,799 --> 00:27:02,299
forever.

805
00:27:03,160 --> 00:27:05,279
Okay? It will always be worth more tomorrow,

806
00:27:05,279 --> 00:27:07,580
you know, euphemistically speaking. Therefore,

807
00:27:07,960 --> 00:27:10,244
why would anyone ever wanna spend it? Mhmm.

808
00:27:10,244 --> 00:27:12,164
If you're gonna spend if you want to

809
00:27:12,164 --> 00:27:14,904
spend crypto in an anonymous fashion,

810
00:27:15,684 --> 00:27:16,884
and you wanna be able to do it

811
00:27:16,884 --> 00:27:18,424
without having to worry about your,

812
00:27:19,045 --> 00:27:21,125
asset going up or down in value, then

813
00:27:21,125 --> 00:27:22,825
we're back to talking about stablecoins.

814
00:27:23,740 --> 00:27:25,679
And that's a whole other conversation.

815
00:27:25,980 --> 00:27:27,579
Who does why would you use a stablecoin

816
00:27:27,579 --> 00:27:28,720
if you can use cash?

817
00:27:29,099 --> 00:27:31,740
Right? Well, there there's that we that's I

818
00:27:31,740 --> 00:27:33,259
I wanna I wanna stick to your project,

819
00:27:33,259 --> 00:27:34,859
but there's a whole because I'll we can

820
00:27:34,859 --> 00:27:36,480
go into this as far as you know?

821
00:27:37,075 --> 00:27:38,595
There's so many interesting overlaps to it. But,

822
00:27:38,595 --> 00:27:40,994
I mean, it always comes back to personal

823
00:27:40,994 --> 00:27:44,115
freedom, liberty, you know, personal privacy, you know.

824
00:27:44,115 --> 00:27:45,894
And and there there's very clear

825
00:27:46,275 --> 00:27:46,775
differentiations

826
00:27:47,075 --> 00:27:48,595
between all of these things from a Monero

827
00:27:48,595 --> 00:27:50,195
to a Bitcoin to a stablecoin. You know.

828
00:27:50,195 --> 00:27:51,849
And so there's there's the way it's all

829
00:27:51,849 --> 00:27:52,349
going

830
00:27:52,730 --> 00:27:54,329
feels, you know, in a to a lot

831
00:27:54,329 --> 00:27:56,409
of people's perspective to be a deviation from

832
00:27:56,409 --> 00:27:58,649
what the idea of this Right. Was. So

833
00:27:58,649 --> 00:28:00,169
that's what kinda drives this. Right? So it's

834
00:28:00,250 --> 00:28:01,849
but but you let you have a comment

835
00:28:01,849 --> 00:28:03,529
on that, and let's go back to, Yeah.

836
00:28:03,849 --> 00:28:05,450
My my comment is no matter I don't

837
00:28:05,450 --> 00:28:07,505
care what what anyone does with Bitcoin.

838
00:28:08,605 --> 00:28:10,765
The fundamentals have never changed, and the fundamentals

839
00:28:10,765 --> 00:28:12,205
are better than ever. We've got now we've

840
00:28:12,205 --> 00:28:14,445
got segregated witness. We have Taproot, which is

841
00:28:14,445 --> 00:28:16,365
gonna be the gateway to more privacy and

842
00:28:16,365 --> 00:28:19,664
transactions. Like, the core developers are no slouches,

843
00:28:19,880 --> 00:28:22,380
and they're well aware of government co opting.

844
00:28:22,680 --> 00:28:23,180
And

845
00:28:23,480 --> 00:28:25,320
I am not I'm not worried about it

846
00:28:25,320 --> 00:28:28,039
at all. Satoshi laid the foundation that would

847
00:28:28,039 --> 00:28:29,960
not allow it to be ultimately changed by

848
00:28:29,960 --> 00:28:32,700
anyone but the users, AKA the node runners.

849
00:28:33,255 --> 00:28:35,255
And I don't co opting the tens of

850
00:28:35,255 --> 00:28:37,035
thousands of node runners out there.

851
00:28:37,335 --> 00:28:39,494
We had two former attempts to hijack the

852
00:28:39,494 --> 00:28:40,474
Bitcoin blockchain

853
00:28:40,775 --> 00:28:43,015
from Roger Veer with Bitcoin Cash and then

854
00:28:43,015 --> 00:28:44,855
with the guys at BitPay with Segwit two

855
00:28:44,855 --> 00:28:47,990
x. Those were outright hijacked attempts. Again, though,

856
00:28:47,990 --> 00:28:49,430
we talked about this last time. And, you

857
00:28:49,430 --> 00:28:51,269
know, I I it can be framed different

858
00:28:51,269 --> 00:28:52,789
ways. Right? So I brought I brought up

859
00:28:52,789 --> 00:28:54,710
the different the the perspective that that's the

860
00:28:54,710 --> 00:28:56,630
work was you know, that the original white

861
00:28:56,630 --> 00:28:59,190
paper aligns with today BSV more than anything.

862
00:28:59,190 --> 00:29:01,825
But, again, you know, these are weirdly contentious

863
00:29:01,884 --> 00:29:04,605
conversation. Right. It's it's but it's important to

864
00:29:04,605 --> 00:29:06,684
look at. I've done many interviews with, you

865
00:29:06,684 --> 00:29:08,684
know, one with Mark Goodwin, one, you know,

866
00:29:08,684 --> 00:29:10,605
about this very topic. But, you know, and

867
00:29:10,605 --> 00:29:13,345
and they're they're worth your investigation. Right? But

868
00:29:13,840 --> 00:29:15,920
the the the direction going forward, though. So

869
00:29:15,920 --> 00:29:18,480
now you're you're using this ecosystem in a

870
00:29:18,480 --> 00:29:20,840
way to create something that is a a

871
00:29:20,840 --> 00:29:22,320
a different you know, you're not trying to

872
00:29:22,320 --> 00:29:24,320
enrich yourself. You're not trying to, you know,

873
00:29:24,320 --> 00:29:25,600
do a pump and dump. You know, it's

874
00:29:25,600 --> 00:29:27,119
about doing it the hard way, the right

875
00:29:27,119 --> 00:29:29,039
way to build something that can stay there

876
00:29:29,039 --> 00:29:31,494
and last and benefit people who are involved

877
00:29:31,494 --> 00:29:33,255
in a way well beyond just making profit.

878
00:29:33,255 --> 00:29:35,255
So how how does that ecosystem work? So

879
00:29:35,255 --> 00:29:36,474
somebody wants to go buy

880
00:29:37,095 --> 00:29:38,855
some of this token, which you you said

881
00:29:38,855 --> 00:29:40,535
is now available. People can't buy it. Right?

882
00:29:40,535 --> 00:29:42,055
So they they wanna they wanna buy some

883
00:29:42,055 --> 00:29:43,690
of this token. They can hold it. You

884
00:29:43,690 --> 00:29:45,609
know? So how how is the the the

885
00:29:45,609 --> 00:29:47,049
rest of it gonna work? Like, do they

886
00:29:47,130 --> 00:29:48,650
are they involved with this process? Like, how

887
00:29:48,650 --> 00:29:50,330
does this ultimately break down the the way

888
00:29:50,330 --> 00:29:52,809
that it's gonna go? Sure. So this is

889
00:29:52,809 --> 00:29:54,670
one problem that we have with

890
00:29:56,345 --> 00:29:58,505
all crypto, even Bitcoin in general, is that

891
00:29:58,505 --> 00:29:59,965
for the average Joe Schmo,

892
00:30:00,664 --> 00:30:01,164
the

893
00:30:01,705 --> 00:30:03,005
barriers to entry

894
00:30:03,545 --> 00:30:06,744
are daunting. They're they're somewhat complicated. Right? If

895
00:30:06,744 --> 00:30:08,184
you wanna buy you wanna buy Bitcoin, you

896
00:30:08,184 --> 00:30:09,225
gotta go you have to go to a

897
00:30:09,225 --> 00:30:11,279
website and buy it, whether it's Coinbase or

898
00:30:11,279 --> 00:30:12,820
some of the no KYC

899
00:30:13,359 --> 00:30:15,440
places that you can get Bitcoin. But that's

900
00:30:15,440 --> 00:30:16,960
step number one. Right? You have to go

901
00:30:16,960 --> 00:30:18,100
and you have to get Bitcoin,

902
00:30:18,559 --> 00:30:20,080
and then that Bitcoin has to turn into

903
00:30:20,080 --> 00:30:20,580
Solana.

904
00:30:20,960 --> 00:30:22,720
Right? And then that Solana, you can use

905
00:30:22,720 --> 00:30:24,880
to purchase IMT. Right? So this is one

906
00:30:24,880 --> 00:30:26,000
thing that is, I think, one of the

907
00:30:26,000 --> 00:30:28,474
weakest points of crypto that really

908
00:30:28,775 --> 00:30:31,515
if the Vitalik well, it wasn't really Vitalik.

909
00:30:31,734 --> 00:30:32,714
Vitalik transformed,

910
00:30:34,934 --> 00:30:37,654
fees on a network into something called gas

911
00:30:37,654 --> 00:30:39,494
and required a separate token. That's why we

912
00:30:39,494 --> 00:30:41,734
have Ethereum. Ethereum is basically just gas. It's

913
00:30:41,734 --> 00:30:43,569
gas for your car, and the tokens on

914
00:30:43,569 --> 00:30:45,649
the back need Ethereum to send. Right? So

915
00:30:45,649 --> 00:30:47,349
when you start getting into these other

916
00:30:47,809 --> 00:30:48,629
other tokens,

917
00:30:49,169 --> 00:30:51,089
it gets kinda complicated to where it's gonna

918
00:30:51,089 --> 00:30:53,490
wash out, like, 70% of the the mass

919
00:30:53,490 --> 00:30:55,089
population. I mean, that's just a reality we

920
00:30:55,089 --> 00:30:57,224
have to to deal with. They haven't found

921
00:30:57,224 --> 00:30:58,904
a way to simplify it. One good point.

922
00:30:58,904 --> 00:31:00,585
One quick point on that. It's interesting to

923
00:31:00,585 --> 00:31:01,884
me. It the the

924
00:31:02,345 --> 00:31:04,025
I don't see how this is any more

925
00:31:04,025 --> 00:31:04,525
complicated

926
00:31:04,904 --> 00:31:05,404
than

927
00:31:05,945 --> 00:31:07,704
the numbers on your checkbook. You know what

928
00:31:07,704 --> 00:31:08,945
I mean? Like, it's it's like yeah. It

929
00:31:08,984 --> 00:31:10,265
and, yeah, we're at a point now where

930
00:31:10,265 --> 00:31:12,390
that's you don't memorize those things. It's pretty

931
00:31:12,390 --> 00:31:14,470
automated, but we'll move you to maybe know

932
00:31:14,470 --> 00:31:15,910
them in case there's you know? So it's

933
00:31:15,910 --> 00:31:17,509
the same kind of idea. There even, like

934
00:31:17,590 --> 00:31:19,430
and I'm not promoting Coinbase, but there are

935
00:31:19,509 --> 00:31:20,490
we're like that

936
00:31:20,950 --> 00:31:22,549
that are that make it, you know, click

937
00:31:22,549 --> 00:31:24,070
and push and super simple. You know? So

938
00:31:24,070 --> 00:31:25,450
it's this weird, like,

939
00:31:26,150 --> 00:31:27,609
a version a version to

940
00:31:28,045 --> 00:31:30,045
what is actually no less complicated than anything

941
00:31:30,045 --> 00:31:31,565
else we use. Like, just having that that

942
00:31:31,565 --> 00:31:33,085
string of the the, you know, the the

943
00:31:33,085 --> 00:31:35,325
hash and Right. Memorizing it or copying it

944
00:31:35,325 --> 00:31:37,085
or saving it somewhere and posting it. You

945
00:31:37,085 --> 00:31:38,285
know? So I think it's more of a

946
00:31:38,285 --> 00:31:40,765
mental block. You are correct. A 100% is

947
00:31:40,765 --> 00:31:42,525
that the the complicated part about it is

948
00:31:42,525 --> 00:31:44,299
changing the way we think. And

949
00:31:44,680 --> 00:31:46,920
anytime we're exposed to something new. You know

950
00:31:46,920 --> 00:31:48,619
what I mean? It's it's kind of

951
00:31:49,000 --> 00:31:51,160
it it's it's it's it's always an obstacle

952
00:31:51,160 --> 00:31:53,400
for people to get into anything new. I

953
00:31:53,400 --> 00:31:55,400
remember when I got into crypto, I was

954
00:31:55,400 --> 00:31:58,605
so scared of sending transactions. Me too. Like,

955
00:31:58,605 --> 00:32:00,044
I would, like, do I would do, like,

956
00:32:00,044 --> 00:32:01,884
three tests, and then I would send it.

957
00:32:01,884 --> 00:32:03,085
And now I'd be like, is it gonna

958
00:32:03,085 --> 00:32:03,804
go there? And then I'd be like, I'd

959
00:32:03,804 --> 00:32:05,005
be waiting and waiting and waiting for the

960
00:32:05,005 --> 00:32:06,845
confirmation, but, like, okay. It worked. And now

961
00:32:06,845 --> 00:32:08,365
it is. Now I know it works. Ten

962
00:32:08,365 --> 00:32:09,724
years later, I'm like, oh, it works. Great.

963
00:32:09,724 --> 00:32:10,764
I don't have to worry about it anymore.

964
00:32:10,764 --> 00:32:12,809
You know? But even someone who is enthusiastic

965
00:32:13,109 --> 00:32:15,269
about the space and my I got my

966
00:32:15,269 --> 00:32:16,950
my experience in this space goes back a

967
00:32:16,950 --> 00:32:18,789
long time. I bought my first Bitcoins at

968
00:32:18,789 --> 00:32:20,329
$575

969
00:32:20,549 --> 00:32:22,710
in in 2016,

970
00:32:22,710 --> 00:32:25,394
I believe. And I by the 2016,

971
00:32:25,455 --> 00:32:26,974
I launched what at the time had become

972
00:32:26,974 --> 00:32:29,134
the world's largest Bitcoin podcast network, and I

973
00:32:29,134 --> 00:32:30,755
had over 30 Bitcoin podcasts

974
00:32:31,134 --> 00:32:32,434
by the 2016.

975
00:32:34,015 --> 00:32:36,115
There, I went to go work for Safedine

976
00:32:36,174 --> 00:32:38,195
Ammus who wrote the Bitcoin standard.

977
00:32:39,059 --> 00:32:41,559
I was his basically personal assistant and webmaster

978
00:32:41,619 --> 00:32:43,000
for about two and a half years,

979
00:32:44,019 --> 00:32:46,839
before he hit it big. Nice. And so,

980
00:32:47,140 --> 00:32:49,299
yeah, my background in crypto is pretty extensive,

981
00:32:49,299 --> 00:32:50,740
and I know a ton of people in

982
00:32:50,740 --> 00:32:52,039
the in the Bitcoin space.

983
00:32:52,339 --> 00:32:54,384
And so one thing that I really have

984
00:32:54,384 --> 00:32:56,884
to harp on is the anonymity

985
00:32:57,664 --> 00:33:00,224
of these tokens. Right? This is our In

986
00:33:00,224 --> 00:33:02,384
regard to the the independent media token? Well,

987
00:33:02,384 --> 00:33:04,144
in regards to that compared to the other

988
00:33:04,144 --> 00:33:06,480
tokens out there in the space. Right? You

989
00:33:06,480 --> 00:33:08,400
can't be buying into anything that you don't

990
00:33:08,400 --> 00:33:10,500
know who's running it. Right. You can't.

991
00:33:10,799 --> 00:33:12,400
I'm sorry. You just can't. I mean, you

992
00:33:12,400 --> 00:33:14,160
might get lucky. If you buy a token

993
00:33:14,160 --> 00:33:15,599
and it goes to a million bucks and

994
00:33:15,599 --> 00:33:16,799
you make a ton of money and you

995
00:33:16,799 --> 00:33:18,480
don't know who ran the project, you got

996
00:33:18,480 --> 00:33:20,305
lucky. That's all there is to it. There's

997
00:33:20,384 --> 00:33:22,464
you're not a master trader. Right? I think

998
00:33:22,464 --> 00:33:24,065
the most important thing moving forward, and I

999
00:33:24,065 --> 00:33:24,565
think

1000
00:33:25,025 --> 00:33:26,144
that we're gonna see a lot more of

1001
00:33:26,144 --> 00:33:27,744
this in the next couple years, we're gonna

1002
00:33:27,744 --> 00:33:29,825
see more not anonymous projects. We're gonna see

1003
00:33:29,825 --> 00:33:32,065
legitimate projects rise out of this space that

1004
00:33:32,065 --> 00:33:34,039
is, for the most part, been nothing but

1005
00:33:34,039 --> 00:33:34,539
memes.

1006
00:33:35,000 --> 00:33:36,440
One other thing that's been great about the

1007
00:33:36,440 --> 00:33:38,759
meme space on Solana is that it has

1008
00:33:38,759 --> 00:33:39,259
shown

1009
00:33:39,640 --> 00:33:40,940
Solana can handle

1010
00:33:41,880 --> 00:33:43,819
absolutely immense volumes

1011
00:33:44,119 --> 00:33:46,679
and, you know, transactional throughput that's through the

1012
00:33:46,679 --> 00:33:48,599
roof. It's the most active chain of any

1013
00:33:48,599 --> 00:33:49,035
chain.

1014
00:33:49,434 --> 00:33:51,215
Even if the projects on it are junk,

1015
00:33:51,275 --> 00:33:53,755
it doesn't matter because it's showing that the

1016
00:33:53,755 --> 00:33:54,255
infrastructure

1017
00:33:54,555 --> 00:33:56,555
itself can handle anything you throw at it,

1018
00:33:56,555 --> 00:33:57,455
which it can.

1019
00:33:58,075 --> 00:33:58,234
So

1020
00:33:58,955 --> 00:34:00,795
Well, so back back to the the process.

1021
00:34:00,795 --> 00:34:03,089
So so, you know, in in regard to

1022
00:34:03,250 --> 00:34:05,490
like, walk me through how this becomes, you

1023
00:34:05,490 --> 00:34:07,190
know, from somebody buying

1024
00:34:07,570 --> 00:34:09,650
the token to then ending up to a

1025
00:34:09,650 --> 00:34:11,969
grant to a new independent media person. Sure.

1026
00:34:11,969 --> 00:34:14,050
To simplify the whole process, let's say you

1027
00:34:14,050 --> 00:34:15,764
just you go right and buy Solana. You

1028
00:34:15,764 --> 00:34:17,204
can buy Solana directly. You don't have to

1029
00:34:17,204 --> 00:34:19,445
buy Bitcoin first. Go to Coinbase or wherever

1030
00:34:19,445 --> 00:34:20,344
you buy your,

1031
00:34:21,045 --> 00:34:21,864
coins at.

1032
00:34:22,964 --> 00:34:25,364
There's a couple different Solana wallets that you

1033
00:34:25,364 --> 00:34:27,670
can do, swaps in and stuff. I've been

1034
00:34:27,670 --> 00:34:29,910
recommending for everyone Phantom wallet because it's a

1035
00:34:29,910 --> 00:34:31,670
pretty it's been around a long time, and

1036
00:34:31,670 --> 00:34:34,230
it's solid, and it works. Mhmm. So once

1037
00:34:34,230 --> 00:34:36,809
you have Solana in your Phantom wallet,

1038
00:34:37,750 --> 00:34:39,594
you can just hit swap. And if you

1039
00:34:39,594 --> 00:34:41,454
go into search, you put IMT,

1040
00:34:41,835 --> 00:34:43,434
it'll bring up our token. You can see

1041
00:34:43,434 --> 00:34:43,914
it. We have,

1042
00:34:44,474 --> 00:34:46,235
our logo is the red circle with the

1043
00:34:46,235 --> 00:34:48,074
white I in it. Mhmm. And that's it.

1044
00:34:48,074 --> 00:34:49,914
Hit swap, and it's that simple. So people

1045
00:34:49,914 --> 00:34:51,855
who are in familiar with the ecosystem,

1046
00:34:52,789 --> 00:34:54,389
know how this process works. And if you're

1047
00:34:54,389 --> 00:34:54,889
not,

1048
00:34:55,349 --> 00:34:56,170
the basic

1049
00:34:56,550 --> 00:34:58,630
first steps to take, set up an account

1050
00:34:58,630 --> 00:35:00,250
somewhere where you can buy cryptocurrency,

1051
00:35:00,630 --> 00:35:01,109
like,

1052
00:35:01,909 --> 00:35:04,309
you know, a centralized exchange or Coinbase or

1053
00:35:04,309 --> 00:35:05,085
something like that.

1054
00:35:05,644 --> 00:35:07,885
And though and then, from there, Solana can

1055
00:35:07,885 --> 00:35:09,344
easily be swapped into IMT.

1056
00:35:10,364 --> 00:35:12,284
Okay. And so then so then from there,

1057
00:35:12,284 --> 00:35:13,585
now now that's created

1058
00:35:13,964 --> 00:35:14,464
more,

1059
00:35:15,164 --> 00:35:17,085
you know, funds. So then what how does

1060
00:35:17,085 --> 00:35:18,784
that then end up in the hands of

1061
00:35:18,890 --> 00:35:22,090
an independent media personality that Alright. So let's

1062
00:35:22,090 --> 00:35:24,590
say you buy a $100 worth of Solana,

1063
00:35:25,130 --> 00:35:27,070
and then you swap that

1064
00:35:27,930 --> 00:35:30,349
for independent media token. Mhmm. Okay.

1065
00:35:31,175 --> 00:35:33,355
You will only receive $99

1066
00:35:33,574 --> 00:35:34,315
of IMT,

1067
00:35:34,775 --> 00:35:37,114
and we will receive $1 of IMT.

1068
00:35:37,655 --> 00:35:39,994
So every time a transaction happens,

1069
00:35:40,695 --> 00:35:43,414
1% comes back to us. Mhmm. That goes

1070
00:35:43,414 --> 00:35:44,315
into the fund,

1071
00:35:44,614 --> 00:35:45,514
and that

1072
00:35:46,079 --> 00:35:47,700
perpetuates the growth of the fund.

1073
00:35:48,079 --> 00:35:49,920
Now one thing we're having a hard time

1074
00:35:49,920 --> 00:35:52,079
gauging, which we figure we'll have this worked

1075
00:35:52,079 --> 00:35:53,760
out in the next couple months, we're having

1076
00:35:53,760 --> 00:35:54,980
a hard time gauging

1077
00:35:55,760 --> 00:35:57,599
how many tokens will be returned to us

1078
00:35:57,599 --> 00:35:59,405
on a regular basis because we don't have

1079
00:35:59,405 --> 00:36:01,085
we don't have any volume. I'll be straight

1080
00:36:01,085 --> 00:36:03,085
up. Because we're not playing the bot game.

1081
00:36:03,085 --> 00:36:04,925
People don't know about us. We're brand new.

1082
00:36:04,925 --> 00:36:07,164
Our volume is terrible. Okay? Mhmm. It needs

1083
00:36:07,164 --> 00:36:07,744
to improve.

1084
00:36:08,364 --> 00:36:08,864
So,

1085
00:36:10,364 --> 00:36:11,425
that being said,

1086
00:36:13,314 --> 00:36:15,838
Well, I I what what I the direction

1087
00:36:15,838 --> 00:36:17,856
I was kind of going in is is

1088
00:36:17,856 --> 00:36:20,128
the, you know, the money the the the

1089
00:36:20,380 --> 00:36:22,398
so that that that was clear. So the

1090
00:36:22,398 --> 00:36:24,670
$1 of all of it goes into the

1091
00:36:24,670 --> 00:36:26,688
fund. Right? So then walk me through how

1092
00:36:26,688 --> 00:36:29,494
that process like, so the board involved, like,

1093
00:36:29,494 --> 00:36:31,414
how how does that end up going through

1094
00:36:31,414 --> 00:36:33,255
the process and end up in, you know,

1095
00:36:33,255 --> 00:36:35,974
some new independent media group that, you know,

1096
00:36:35,974 --> 00:36:37,655
that that that ends up being deserving of

1097
00:36:37,655 --> 00:36:39,655
it. So our goal is and we have

1098
00:36:39,655 --> 00:36:42,039
set we've already released into we already have

1099
00:36:42,039 --> 00:36:43,800
set aside in our distribution schedule because we're

1100
00:36:43,800 --> 00:36:45,239
not releasing all the tokens at once. We're

1101
00:36:45,239 --> 00:36:47,159
have we're spreading out, like, a 100,000,000 a

1102
00:36:47,159 --> 00:36:49,400
month, give or take, until around February or

1103
00:36:49,400 --> 00:36:51,319
March next year. Right? So they're not being

1104
00:36:51,319 --> 00:36:52,699
all dumped on the market.

1105
00:36:53,000 --> 00:36:55,900
But we are we have we're planning on

1106
00:36:56,295 --> 00:36:57,675
having 25,000,000

1107
00:36:57,734 --> 00:37:00,775
tokens per quarter or a 100,000,000

1108
00:37:00,775 --> 00:37:02,234
per year to distribute.

1109
00:37:02,694 --> 00:37:05,094
That's our goal. We're not sure exactly what

1110
00:37:05,094 --> 00:37:07,094
the volume is gonna allow for, but that's

1111
00:37:07,094 --> 00:37:09,414
kind of anticipated. And we currently have two

1112
00:37:09,414 --> 00:37:11,755
years worth of distribution schedule

1113
00:37:12,190 --> 00:37:13,250
already set aside

1114
00:37:13,550 --> 00:37:15,809
regardless of anything else that happens. Mhmm.

1115
00:37:16,190 --> 00:37:18,030
So the idea is that let's say we

1116
00:37:18,030 --> 00:37:20,829
have 25,000,000 tokens. Well, for the first two

1117
00:37:20,829 --> 00:37:23,309
distributions we're doing, September 1 is the gonna

1118
00:37:23,309 --> 00:37:25,070
be the first set of distributions. And, actually,

1119
00:37:25,070 --> 00:37:27,074
we're stretching it out over ninety days. We're

1120
00:37:27,074 --> 00:37:28,675
not doing all the tokens on day one.

1121
00:37:28,675 --> 00:37:30,835
We're stretching out that distribution over the ninety

1122
00:37:30,835 --> 00:37:31,494
day period.

1123
00:37:32,914 --> 00:37:35,234
After that, we're kind of looking to move

1124
00:37:35,234 --> 00:37:37,875
away from general distributions in a large scale.

1125
00:37:37,875 --> 00:37:38,375
Meaning,

1126
00:37:38,675 --> 00:37:40,454
if we pick up a new media partner,

1127
00:37:40,610 --> 00:37:42,210
they're gonna get a million tokens. That's kind

1128
00:37:42,210 --> 00:37:43,670
of the incentive at the moment,

1129
00:37:44,050 --> 00:37:46,610
to come on board. But we are really

1130
00:37:46,610 --> 00:37:47,110
looking

1131
00:37:48,530 --> 00:37:51,409
to fund individual specific projects. Right. And this

1132
00:37:51,409 --> 00:37:53,010
is where the board comes in. We're gonna

1133
00:37:53,010 --> 00:37:55,184
need people to help decide. We'll have we're

1134
00:37:55,184 --> 00:37:57,265
looking to have applications come in. Hey. I'm

1135
00:37:57,265 --> 00:37:59,825
trying to make a documentary. I need $25,000.

1136
00:37:59,825 --> 00:38:01,285
Right. Okay. We get the application.

1137
00:38:01,664 --> 00:38:04,305
You know, we review it. And then as

1138
00:38:04,305 --> 00:38:06,545
the board and there's gonna be an aspect

1139
00:38:06,545 --> 00:38:08,325
of the community input also.

1140
00:38:08,940 --> 00:38:10,300
We're trying to get we're trying to figure

1141
00:38:10,300 --> 00:38:11,839
out how to get community input,

1142
00:38:12,139 --> 00:38:12,639
but

1143
00:38:13,019 --> 00:38:13,679
all the,

1144
00:38:15,260 --> 00:38:17,359
channels of community input that,

1145
00:38:17,739 --> 00:38:19,900
I've already talked about, like, through Telegram and

1146
00:38:19,900 --> 00:38:21,659
x and all this stuff are very they

1147
00:38:21,659 --> 00:38:23,204
kinda suck, and it's a lot of bots.

1148
00:38:23,204 --> 00:38:25,204
And so we're not sure exactly how we're

1149
00:38:25,204 --> 00:38:26,105
gonna go about

1150
00:38:27,045 --> 00:38:29,445
receiving community input other than maybe getting email.

1151
00:38:29,445 --> 00:38:30,825
We're gonna have to figure out a system.

1152
00:38:31,365 --> 00:38:33,204
But we want to get community input and

1153
00:38:33,204 --> 00:38:35,125
board input, and then we'll decide on how

1154
00:38:35,125 --> 00:38:36,265
the money gets distributed.

1155
00:38:36,750 --> 00:38:38,590
So Right. And so and so, essentially, it'll

1156
00:38:38,590 --> 00:38:40,030
be that, you know, we the it'll be

1157
00:38:40,030 --> 00:38:42,110
a a board decision based on who we

1158
00:38:42,110 --> 00:38:43,329
think is most, deserving

1159
00:38:44,190 --> 00:38:45,869
of the grant, and then that money gets

1160
00:38:45,869 --> 00:38:47,630
decided to give to them. Not and then

1161
00:38:47,630 --> 00:38:48,750
from there, they do what they want with

1162
00:38:48,750 --> 00:38:49,969
it. Right. Exactly.

1163
00:38:50,349 --> 00:38:52,574
So And and so so, basically, the more

1164
00:38:52,574 --> 00:38:55,054
that people buy into the project. Right? So

1165
00:38:55,054 --> 00:38:56,974
just average buying it Solara on so on

1166
00:38:57,054 --> 00:38:57,554
platform

1167
00:38:58,574 --> 00:39:00,655
builds that fund, which then will, as that

1168
00:39:00,655 --> 00:39:03,875
grows, gets distributed as the board decides. Exactly.

1169
00:39:04,640 --> 00:39:07,219
Interesting. Yeah. So and so is it beyond

1170
00:39:07,280 --> 00:39:09,280
that mechanism, do you have any envision for

1171
00:39:09,280 --> 00:39:11,519
this growing beyond that and other aspects of

1172
00:39:11,680 --> 00:39:13,360
you know, any other applications you see beyond

1173
00:39:13,360 --> 00:39:15,760
that? You know, we're not sure yet. We're

1174
00:39:15,760 --> 00:39:17,219
really interested in having,

1175
00:39:17,744 --> 00:39:19,265
part of this go to a legal fund,

1176
00:39:19,265 --> 00:39:21,905
maybe separate off a separate legal fund That's

1177
00:39:21,905 --> 00:39:23,744
awesome. That just just sits there until it's

1178
00:39:23,744 --> 00:39:25,405
needed. Mhmm. But,

1179
00:39:25,744 --> 00:39:26,965
none of this can happen

1180
00:39:27,345 --> 00:39:29,025
Right. If we don't have volume. We just

1181
00:39:29,025 --> 00:39:30,385
need people out there buying the token who

1182
00:39:30,385 --> 00:39:32,224
believe in what we're doing, and we're not

1183
00:39:32,224 --> 00:39:34,109
a quick flip. We're not gonna make you

1184
00:39:34,109 --> 00:39:36,269
money in two weeks or two months. Right.

1185
00:39:36,269 --> 00:39:37,730
We'll make you money in two years,

1186
00:39:38,109 --> 00:39:39,869
but that's the kinda the people who a

1187
00:39:39,869 --> 00:39:41,469
lot of people getting into this crypto space

1188
00:39:41,469 --> 00:39:43,389
today see the quick money that people are

1189
00:39:43,389 --> 00:39:44,690
making, and that's their anticipation.

1190
00:39:45,069 --> 00:39:46,529
And that shouldn't be the anticipation.

1191
00:39:47,405 --> 00:39:48,704
That should not be the anticipation.

1192
00:39:49,085 --> 00:39:52,204
Everything everything legitimate takes time. Yeah. Well, especially

1193
00:39:52,204 --> 00:39:53,405
to the point we're saying before. If you're

1194
00:39:53,405 --> 00:39:54,684
one of those people out there nodding along

1195
00:39:54,684 --> 00:39:56,284
going, yeah. You know, this I don't agree

1196
00:39:56,284 --> 00:39:57,885
with the direction it's going. You know, that's

1197
00:39:57,885 --> 00:39:59,405
the point. That's what this is an effort

1198
00:39:59,405 --> 00:40:00,929
to not do that. Right? Let's bring it

1199
00:40:00,929 --> 00:40:02,449
back to where it's not some, you know,

1200
00:40:02,449 --> 00:40:05,489
pump and dump immediate exchange, but rather an

1201
00:40:05,489 --> 00:40:07,570
an effort to put your money into something

1202
00:40:07,570 --> 00:40:09,650
that will eventually grow into something that benefits

1203
00:40:09,650 --> 00:40:10,849
others. You know? So if you're out there

1204
00:40:10,849 --> 00:40:12,449
wanting to donate, take a moment, send a

1205
00:40:12,449 --> 00:40:14,224
dollar, know, go or whatever. You know? Take

1206
00:40:14,224 --> 00:40:16,065
some small I mean, right now, what's what's

1207
00:40:16,065 --> 00:40:17,305
the price at right now? I imagine

1208
00:40:17,985 --> 00:40:18,485
okay.

1209
00:40:18,785 --> 00:40:20,465
So you can pick up a it's it's

1210
00:40:20,465 --> 00:40:23,105
about let me see. Point zero zero zero

1211
00:40:23,105 --> 00:40:25,605
zero five four and has a billion tokens.

1212
00:40:25,889 --> 00:40:28,289
Market cap is about 55,000. Right? So for

1213
00:40:28,289 --> 00:40:30,130
a billion tokens, the total value is about

1214
00:40:30,130 --> 00:40:31,170
$55,000.

1215
00:40:31,170 --> 00:40:32,529
So it's a perfect time to go out

1216
00:40:32,529 --> 00:40:34,130
there and take a couple dollars and you

1217
00:40:34,130 --> 00:40:35,650
get a million tokens or whatever that amounts

1218
00:40:35,650 --> 00:40:36,769
to. You know, you get a ton of

1219
00:40:36,769 --> 00:40:38,449
tokens, and then you can hold on to

1220
00:40:38,449 --> 00:40:40,389
that, and that money then helps this project.

1221
00:40:40,425 --> 00:40:42,265
And, you know, and right there, the point

1222
00:40:42,265 --> 00:40:43,945
is about not doing that to try to

1223
00:40:43,945 --> 00:40:45,385
exchange that out the next week for money,

1224
00:40:45,385 --> 00:40:46,985
but to just let that build and grow

1225
00:40:46,985 --> 00:40:48,664
over time and hopefully become something we all

1226
00:40:48,664 --> 00:40:50,605
benefit from. You know? That that's the idea.

1227
00:40:50,905 --> 00:40:53,449
Yeah. And, so it's, like, it comes back

1228
00:40:53,449 --> 00:40:54,769
to the marketing. And well, not even I

1229
00:40:54,769 --> 00:40:56,769
don't wanna use the word marketing. I wanna

1230
00:40:56,769 --> 00:40:59,329
say making people aware because I have a

1231
00:40:59,329 --> 00:41:01,329
feeling there's better ways to this right here

1232
00:41:01,329 --> 00:41:03,269
is a better way of making people aware

1233
00:41:03,570 --> 00:41:05,250
than going to spend a thousand dollars on

1234
00:41:05,250 --> 00:41:07,845
some Twitter ads, Like, a 100%.

1235
00:41:08,065 --> 00:41:10,305
So moving forward into the future, this is

1236
00:41:10,305 --> 00:41:12,805
how we plan on doing things, connecting to,

1237
00:41:13,265 --> 00:41:15,265
people who have the ability to get it

1238
00:41:15,265 --> 00:41:16,785
in front of their audience. That, I think,

1239
00:41:16,785 --> 00:41:18,545
is the number one way to grow this

1240
00:41:18,545 --> 00:41:20,644
thing because all of these,

1241
00:41:21,105 --> 00:41:21,605
marketing

1242
00:41:22,519 --> 00:41:23,019
mechanisms

1243
00:41:23,400 --> 00:41:24,780
in crypto are

1244
00:41:25,559 --> 00:41:27,019
they're just not effective.

1245
00:41:27,320 --> 00:41:29,159
They're not effective for what we're doing. Yeah.

1246
00:41:29,159 --> 00:41:30,920
And as you mentioned, in more than one

1247
00:41:30,920 --> 00:41:34,280
area, very dishonest, manipulated. Yeah. The whole space

1248
00:41:34,280 --> 00:41:36,755
is so so manipulated. Yeah. I mean, you

1249
00:41:36,755 --> 00:41:38,114
know, even now we just talked about the

1250
00:41:38,114 --> 00:41:39,795
over the counter stuff and the market, and

1251
00:41:39,795 --> 00:41:42,035
that that's manipulation right there. You know? All

1252
00:41:42,035 --> 00:41:43,555
these guys buying all those Bitcoins, we should

1253
00:41:43,555 --> 00:41:45,075
have a million dollar Bitcoin today, but we

1254
00:41:45,075 --> 00:41:46,835
don't. Right. Right. Yeah. And that's that's how

1255
00:41:46,835 --> 00:41:48,819
they're gonna manipulate the market to when they

1256
00:41:48,900 --> 00:41:50,019
to where the price that they want it

1257
00:41:50,019 --> 00:41:51,639
at. Right? Right. Exactly.

1258
00:41:51,940 --> 00:41:53,380
Well, so for so for all the people

1259
00:41:53,380 --> 00:41:55,319
out there that are, you know, rightly

1260
00:41:55,699 --> 00:41:58,260
skeptical of anything I mean, at this point,

1261
00:41:58,260 --> 00:42:00,699
anything technological, it seems like anything I know.

1262
00:42:00,900 --> 00:42:02,500
Any which, I mean, trust me. I I

1263
00:42:02,500 --> 00:42:04,005
get it. Like, I'm it it is in

1264
00:42:04,164 --> 00:42:05,605
some cases, it can be a little bit,

1265
00:42:05,605 --> 00:42:08,744
you know, overreaction, but it I completely understand

1266
00:42:09,125 --> 00:42:10,884
the the concern. But so for those out

1267
00:42:10,884 --> 00:42:12,644
there that are, you know, of the mind

1268
00:42:12,644 --> 00:42:14,324
that everything crypto is bad or, you know,

1269
00:42:14,324 --> 00:42:15,525
whatever else or, you know, more in the

1270
00:42:15,525 --> 00:42:17,204
middle ground that are just very skeptical of

1271
00:42:17,204 --> 00:42:18,690
anything in this field. I And we've already

1272
00:42:18,690 --> 00:42:20,210
pretty much gone through most of it, but

1273
00:42:20,210 --> 00:42:22,530
any other you know, any any thoughts or

1274
00:42:22,530 --> 00:42:24,769
or perspectives to give around, you know, why

1275
00:42:24,769 --> 00:42:26,230
to assuage you know, to

1276
00:42:27,489 --> 00:42:28,550
remove those concerns?

1277
00:42:29,570 --> 00:42:30,469
Yeah. Well,

1278
00:42:30,769 --> 00:42:31,510
first off,

1279
00:42:32,625 --> 00:42:33,985
just the fact that I'm sitting here talking

1280
00:42:33,985 --> 00:42:36,224
about it is should tell you that I

1281
00:42:36,224 --> 00:42:37,985
have personal confidence in it. I've been in

1282
00:42:37,985 --> 00:42:40,465
independent media for over ten years. I have

1283
00:42:40,465 --> 00:42:42,164
two books out, documentaries.

1284
00:42:42,704 --> 00:42:44,304
I'm not willing to take my reputation and

1285
00:42:44,304 --> 00:42:47,079
throw it away over some stupid crypto, period.

1286
00:42:47,219 --> 00:42:49,380
This to me is the culmination of everything

1287
00:42:49,380 --> 00:42:51,140
I've done in my life, the combination of

1288
00:42:51,140 --> 00:42:53,539
my work in crypto and independent media and

1289
00:42:53,539 --> 00:42:54,039
everything.

1290
00:42:54,340 --> 00:42:54,840
And,

1291
00:42:55,780 --> 00:42:57,140
there's none of there there are no other

1292
00:42:57,140 --> 00:42:58,500
projects out there that you can talk to

1293
00:42:58,500 --> 00:42:59,940
anybody who's gonna give you a speech like

1294
00:42:59,940 --> 00:43:00,894
that. I agree.

1295
00:43:01,514 --> 00:43:03,914
Period. So Yeah. I agree. Well, you know,

1296
00:43:03,914 --> 00:43:05,755
I I definitely think that there's a a

1297
00:43:05,755 --> 00:43:07,355
major place for this. I think there's an

1298
00:43:07,355 --> 00:43:09,835
obvious need for people in this field to

1299
00:43:09,835 --> 00:43:11,594
have, you know, just in any leg up

1300
00:43:11,594 --> 00:43:13,500
in this situation, you know, whether it's because

1301
00:43:13,659 --> 00:43:16,639
being sued or suppressed or censored or financially,

1302
00:43:17,019 --> 00:43:18,699
you know, debanked. You know? It's just it's

1303
00:43:18,699 --> 00:43:20,860
just everywhere you look right now. As you

1304
00:43:20,860 --> 00:43:22,699
said, people in this field, you know, like,

1305
00:43:22,699 --> 00:43:25,420
look. I feel I feel blessed and lucky

1306
00:43:25,420 --> 00:43:27,019
to have a level of success in this

1307
00:43:27,019 --> 00:43:29,039
field that few have. And even then,

1308
00:43:29,555 --> 00:43:31,974
I'm one bad month away from this basically

1309
00:43:32,035 --> 00:43:33,555
going away. You know? That's that's who we

1310
00:43:33,555 --> 00:43:34,994
are. You know? It's like and it's just

1311
00:43:34,994 --> 00:43:37,555
insane that that's that's that's with be like,

1312
00:43:37,555 --> 00:43:39,715
I make this comparison, like, during COVID nineteen,

1313
00:43:39,715 --> 00:43:41,635
for example. You know? We're bringing people on,

1314
00:43:41,635 --> 00:43:42,454
doing interviews

1315
00:43:42,835 --> 00:43:45,170
that are, you know, the three weeks later

1316
00:43:45,170 --> 00:43:46,769
on Tucker Carlson. You know? It's like we're

1317
00:43:46,769 --> 00:43:49,030
at the same level of this conversation yet

1318
00:43:49,170 --> 00:43:49,670
dramatically

1319
00:43:50,130 --> 00:43:51,889
less in regard to what we you know,

1320
00:43:51,889 --> 00:43:54,289
the revenue that comes in. Right? Basic return

1321
00:43:54,289 --> 00:43:56,369
from doing what we believe in, not because

1322
00:43:56,369 --> 00:43:57,889
of the return, but because we believe in

1323
00:43:57,889 --> 00:43:59,215
it in hopes that doing the right thing

1324
00:43:59,215 --> 00:44:00,974
for the right reasons will have that return.

1325
00:44:00,974 --> 00:44:02,574
You know? But it's like there's a clear

1326
00:44:02,574 --> 00:44:04,655
space for this to fill, to help support

1327
00:44:04,655 --> 00:44:06,175
people that need that and are being attacked.

1328
00:44:06,175 --> 00:44:07,934
You know? So I I really appreciate this

1329
00:44:07,934 --> 00:44:09,695
direction, and I hope I hope people will

1330
00:44:09,695 --> 00:44:11,215
take the time to to look into it,

1331
00:44:11,215 --> 00:44:13,230
like you're saying, not just not dismiss it

1332
00:44:13,230 --> 00:44:15,789
because it's crypto or blindly accept it because

1333
00:44:15,789 --> 00:44:18,030
it's us. Right? Look into it. Look at

1334
00:44:18,030 --> 00:44:19,869
the information that we'll include and go through

1335
00:44:19,869 --> 00:44:21,949
it for yourself and and be be skeptical.

1336
00:44:21,949 --> 00:44:24,030
Right? That's what question everything. That's important. And

1337
00:44:24,030 --> 00:44:25,710
then realize for yourself that it's a project

1338
00:44:25,710 --> 00:44:27,614
that has intentions that are meant to support

1339
00:44:27,614 --> 00:44:29,715
this platform or rather, you know, this field.

1340
00:44:30,015 --> 00:44:31,215
So I'd I'd go ahead. One thing I

1341
00:44:31,215 --> 00:44:32,894
need one thing I don't think people really

1342
00:44:32,894 --> 00:44:33,394
comprehend,

1343
00:44:34,255 --> 00:44:36,815
is that in the independent media space, which

1344
00:44:36,815 --> 00:44:38,494
is where all the people who are listening

1345
00:44:38,494 --> 00:44:40,015
to this get all their information from

1346
00:44:41,880 --> 00:44:43,319
I know a ton of people in this

1347
00:44:43,319 --> 00:44:44,299
space, and

1348
00:44:44,760 --> 00:44:47,159
I'd say the vast majority of them struggle

1349
00:44:47,159 --> 00:44:49,000
to make ends meet. A huge chunk of

1350
00:44:49,000 --> 00:44:50,839
them have regular jobs. You know what I

1351
00:44:50,839 --> 00:44:52,460
mean? But people have this

1352
00:44:53,319 --> 00:44:54,920
sense that since you're doing a show like

1353
00:44:54,920 --> 00:44:56,359
this, you have a nice studio, that you're

1354
00:44:56,359 --> 00:44:58,275
making all kinds of money. Oh my god.

1355
00:44:58,414 --> 00:45:00,175
That is not the case. Everyone doing this

1356
00:45:00,175 --> 00:45:02,275
is broken, struggling, and being suppressed

1357
00:45:02,735 --> 00:45:03,875
in multiple ways.

1358
00:45:05,454 --> 00:45:07,155
And even though independent media

1359
00:45:07,534 --> 00:45:09,235
has a 100 times

1360
00:45:09,614 --> 00:45:12,034
the audience of main what we call mainstream

1361
00:45:12,094 --> 00:45:14,869
media today Right. The the money hasn't balanced

1362
00:45:14,869 --> 00:45:16,789
out. It hasn't. So for some people, it

1363
00:45:16,789 --> 00:45:17,910
has. There are some people who know how

1364
00:45:17,910 --> 00:45:19,910
to really work the system and squeeze every

1365
00:45:19,910 --> 00:45:21,190
dollar out of it, but that's not the

1366
00:45:21,190 --> 00:45:23,670
vast majority of us who really, I'm a

1367
00:45:23,670 --> 00:45:25,190
researcher. If I didn't have to do anything

1368
00:45:25,190 --> 00:45:26,710
except read my books all day, that's what

1369
00:45:26,710 --> 00:45:27,974
I would do, but I can't do that.

1370
00:45:28,055 --> 00:45:29,255
Right. The only reason I have a career

1371
00:45:29,255 --> 00:45:30,875
at all is because I have to. Right?

1372
00:45:30,934 --> 00:45:32,954
Like, I'm a nerd. I just like reading.

1373
00:45:33,414 --> 00:45:33,914
So

1374
00:45:34,295 --> 00:45:35,974
but I can't do that, and neither can

1375
00:45:35,974 --> 00:45:37,815
anybody else in the space. And so this

1376
00:45:37,815 --> 00:45:40,155
is an this is a chance to really

1377
00:45:40,375 --> 00:45:41,035
help us

1378
00:45:41,390 --> 00:45:44,269
grow independent media one show at a time.

1379
00:45:44,269 --> 00:45:46,110
You know? Yeah. And on top of that,

1380
00:45:46,110 --> 00:45:48,190
you know, there are projects that in in

1381
00:45:48,190 --> 00:45:49,789
in, you know, in an in an honest

1382
00:45:49,789 --> 00:45:51,390
world, whether you know, even in the case

1383
00:45:51,390 --> 00:45:53,390
of, like, music or art, you know, that

1384
00:45:53,390 --> 00:45:55,534
could be seen and grown and and and

1385
00:45:55,534 --> 00:45:58,414
and, you know, proliferate just because they're good,

1386
00:45:58,414 --> 00:46:00,335
because they're talented. You know, in this case,

1387
00:46:00,335 --> 00:46:02,434
because the project makes sense and it helps.

1388
00:46:02,494 --> 00:46:04,094
But the reality is that's just not the

1389
00:46:04,094 --> 00:46:06,014
way it works. Right? It's very Right. This

1390
00:46:06,014 --> 00:46:07,934
is the an effort to help grow in

1391
00:46:07,934 --> 00:46:09,250
that direction. You know? And I really do

1392
00:46:09,250 --> 00:46:11,269
think and, like, my point is projects that

1393
00:46:11,269 --> 00:46:13,429
may otherwise probably never would have seen the

1394
00:46:13,429 --> 00:46:15,190
light of day. You know? A documentary about

1395
00:46:15,190 --> 00:46:17,030
something that nobody wants people to know about.

1396
00:46:17,030 --> 00:46:18,550
You know? It's like, this is an avenue

1397
00:46:18,550 --> 00:46:20,550
to help those things be seen. Yeah. I

1398
00:46:20,550 --> 00:46:22,724
think that's super important today. I really do.

1399
00:46:23,765 --> 00:46:25,785
Yeah. We're really excited about it.

1400
00:46:26,724 --> 00:46:27,704
It's an emotional

1401
00:46:28,405 --> 00:46:29,144
gut wrenching

1402
00:46:29,445 --> 00:46:31,765
journey, though. I mean, because, honestly, we, me

1403
00:46:31,765 --> 00:46:33,845
and my partner on this thing, we base

1404
00:46:33,925 --> 00:46:35,204
put all the money we have on our

1405
00:46:35,204 --> 00:46:37,305
world into this. And if this fails,

1406
00:46:37,659 --> 00:46:39,739
there went my retirement money that I spent.

1407
00:46:39,739 --> 00:46:42,239
You know what I mean? So Yeah. It's

1408
00:46:42,380 --> 00:46:44,139
we're we're all on we're all in on

1409
00:46:44,139 --> 00:46:46,219
this thing. And, I'll be sitting I'll be

1410
00:46:46,219 --> 00:46:48,219
here in five years doing another episode with

1411
00:46:48,219 --> 00:46:50,835
you on how successful we've been. So I

1412
00:46:50,835 --> 00:46:52,275
hope I hope so, man. You know? And

1413
00:46:52,275 --> 00:46:53,635
that and that's the thing again. You know?

1414
00:46:53,635 --> 00:46:55,394
That that's an example of, you know, you're

1415
00:46:55,394 --> 00:46:56,994
putting your money where your mouth is literally.

1416
00:46:56,994 --> 00:46:58,355
You know? You're liter you're you're putting it

1417
00:46:58,355 --> 00:47:00,355
there because you believe in the project, and,

1418
00:47:00,355 --> 00:47:02,114
you know, that's you rarely find that with

1419
00:47:02,114 --> 00:47:04,450
the billionaire backers of whatever, you know, the

1420
00:47:04,450 --> 00:47:04,950
multifaceted

1421
00:47:05,410 --> 00:47:07,170
rug pulling things we talked about earlier. You

1422
00:47:07,170 --> 00:47:09,410
know, it's definitely something I hope to see

1423
00:47:09,410 --> 00:47:11,650
grow, hope to see, you know, help other

1424
00:47:11,650 --> 00:47:13,890
independent media that are in similar situations. You

1425
00:47:13,890 --> 00:47:15,329
know, it's just it's everywhere you look right

1426
00:47:15,329 --> 00:47:17,490
now, the censorship, the especially as we enter

1427
00:47:17,490 --> 00:47:19,224
into the kind of a out a out

1428
00:47:19,465 --> 00:47:21,625
AI control structures that are being built and,

1429
00:47:21,625 --> 00:47:23,405
you know, that that's just gonna make it

1430
00:47:23,465 --> 00:47:26,025
increasingly more difficult for people in this field

1431
00:47:26,025 --> 00:47:28,025
to get their information out, to people to

1432
00:47:28,025 --> 00:47:29,465
find them, to even donate in the first

1433
00:47:29,465 --> 00:47:31,144
place. Like, you know, it's it's gonna get

1434
00:47:31,144 --> 00:47:32,319
more and more intense, you know, so we

1435
00:47:32,319 --> 00:47:34,079
need more projects like this. So I really

1436
00:47:34,079 --> 00:47:35,359
do value what you're doing, man. And I

1437
00:47:35,359 --> 00:47:36,639
and I right. We're here with you. And

1438
00:47:36,639 --> 00:47:38,480
I I I hope this succeeds, and we'll

1439
00:47:38,480 --> 00:47:39,599
be talking about it more as we go

1440
00:47:39,599 --> 00:47:41,920
forward. Yeah. Anything else you wanna to to

1441
00:47:41,920 --> 00:47:43,519
talk about before we leave or and any

1442
00:47:43,519 --> 00:47:45,224
upcoming things you wanna drop? No. We pretty

1443
00:47:45,224 --> 00:47:46,445
much covered everything.

1444
00:47:46,905 --> 00:47:48,505
I just want everyone to know our first

1445
00:47:48,505 --> 00:47:50,445
distributions will start September 1.

1446
00:47:51,065 --> 00:47:53,144
Ryan's gonna get our first distribution. We're doing

1447
00:47:53,144 --> 00:47:55,644
a million tokens to 25 different shows.

1448
00:47:56,425 --> 00:47:58,905
We still have room for five or six

1449
00:47:58,905 --> 00:48:01,090
shows to pick up. We got we're still

1450
00:48:01,090 --> 00:48:03,090
looking, you know, over the next couple months

1451
00:48:03,090 --> 00:48:05,329
for five or six shows to be receive

1452
00:48:05,329 --> 00:48:07,489
tokens in the first distribution. So get ahold

1453
00:48:07,489 --> 00:48:08,789
of me. Get ahold of Ryan.

1454
00:48:09,489 --> 00:48:11,570
Just somehow get ahold of us, and we'll

1455
00:48:11,570 --> 00:48:12,849
talk to you, and we'll we'll see what

1456
00:48:12,849 --> 00:48:14,375
we can do. Yeah. So if so if

1457
00:48:14,375 --> 00:48:15,255
you're out there and you wanna be a

1458
00:48:15,255 --> 00:48:16,934
part of it, reach out and, you know,

1459
00:48:16,934 --> 00:48:18,614
don't probably, you know, emailing me is probably

1460
00:48:18,614 --> 00:48:19,815
the worst thing you can do because I'm

1461
00:48:19,815 --> 00:48:21,494
lost in my spam folders, but shoot give

1462
00:48:21,494 --> 00:48:22,855
it a shot or email both of us.

1463
00:48:22,855 --> 00:48:24,375
But overall, the point is that this is

1464
00:48:24,375 --> 00:48:25,894
something you could still be involved with if

1465
00:48:25,894 --> 00:48:27,494
you support it. And, again, not because you're

1466
00:48:27,494 --> 00:48:29,139
gonna make money. Right? At least right in

1467
00:48:29,139 --> 00:48:30,500
the immediate moment. It's because you believe in

1468
00:48:30,500 --> 00:48:32,179
this and you wanna help support that and

1469
00:48:32,179 --> 00:48:33,940
raise awareness around it. You know? So I

1470
00:48:33,940 --> 00:48:35,460
don't think we're gonna personally make any money

1471
00:48:35,460 --> 00:48:37,380
off this for a couple years. No. Yeah.

1472
00:48:37,380 --> 00:48:39,699
I mean, again, hopefully, it does happen, but

1473
00:48:39,699 --> 00:48:41,139
the point is maybe if ever. You know?

1474
00:48:41,139 --> 00:48:42,579
Like, the reality is this is a a

1475
00:48:42,579 --> 00:48:45,194
risky shot because we believe in what the

1476
00:48:45,194 --> 00:48:46,875
what the point is. You know? But I,

1477
00:48:46,875 --> 00:48:48,234
you know, I I believe it, man. I

1478
00:48:48,234 --> 00:48:50,234
believe that we are in a time right

1479
00:48:50,234 --> 00:48:52,474
now where I mean, maybe it's been like

1480
00:48:52,474 --> 00:48:54,074
this for a long time and people just

1481
00:48:54,074 --> 00:48:55,514
don't see it until now, but that more

1482
00:48:55,514 --> 00:48:57,275
people than I've ever seen doing this in

1483
00:48:57,275 --> 00:48:58,255
my entire life

1484
00:48:58,610 --> 00:49:01,329
are questioning things they never have before, are

1485
00:49:01,329 --> 00:49:03,650
ready to see something new, are thirsty for

1486
00:49:03,650 --> 00:49:05,809
good intentioned, honest projects. I I I really

1487
00:49:05,809 --> 00:49:07,170
think this is a prime moment for this,

1488
00:49:07,170 --> 00:49:08,769
and I think it's gonna succeed too. So

1489
00:49:08,769 --> 00:49:09,989
I'm looking. So do I.

1490
00:49:10,744 --> 00:49:12,105
Well, it's good talking with you, brother, and

1491
00:49:12,105 --> 00:49:13,785
I'm looking forward to the follow-up where where

1492
00:49:13,785 --> 00:49:15,465
we could talk about it again. Yes. Brian,

1493
00:49:15,465 --> 00:49:16,664
thank you for having me on. I appreciate

1494
00:49:16,664 --> 00:49:18,744
it. My pleasure, brother. And as always, everybody

1495
00:49:18,744 --> 00:49:21,065
out there question everything. Come to your own

1496
00:49:21,065 --> 00:49:22,364
conclusions. Stay vigilant.