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What's the second Well well well what is up this discover Crypto we're live again tonight with Breaking news as Taco Carlson just Dropped an absolute heater here with Spbf interviewing Sam bankman freed who Is doing 25 years behind bars is now Sharing a cell block with Diddy asks him About b Diddy asks him about Democrats Stealing his money ask some about Donald Trump ask some about salana in this cult And his family and his was y over this Is 42 minutes long here guys but I Wanted to share this experience with you Guys and kind of just break down what is Happening with of course the political Side of the crypto Market here guys so Let's go ahead take a listen here guys As you guys come and hit that like Button smash uh smash that share button If you're on X hit that repost button uh This is gonna be insane this this is Apparently breaking the internet so Where where are you yeah I'm well I'm in MBC Brooklyn um in a a little side Room what's it how long have you been There uh I've been in prison for about Uh oh boy what's it been now it's been About two Years so what what's it Like it's I mean it's sort of dystopian You know the the fortunate thing the Place I'm in I'm not in sort of I'm not In physical danger um and you know
Frankly a lot of the staff they're Trying to be helpful they're trying to You know do what they can given the Constraints um but you know no one wants To be in prison and you can imagine what Happens when you take sort of 40 people Um you know all of whom have been at Least charged with crimes and walk them In a single room for years on end and Throw out the key which is the the the Most trivial Things become all that People have left to care About yes Have have you had any Problems not of the sort of acute kind Like I haven't had you know I haven't Been attacked or anything like that I've Had a lot of logistical problems and you Know the biggest frankly was when I was On trial trying to get access to Legal Work was nearly Impossible um I would you know on a Typical trial day they'd wake me up at 400 a.m. I'd spend 5 hours in various Buses Vans and holding Cells um until my trial started in the Morning then trial straight through to 500 P p.m another four hours in holding Cells and vans you know i' get back at 900 p.m way after any access to Legal Work was CAU off for the day so that was The biggest Problem so what what do you do all day When you're not on trial well it's a
Really good question because there's not A whole lot to do in prison um read Books I've you know started reading Novels again I I play some chess and I Work on my legal case to the extent I Can you know there is there's appeal There other things I do what work I can From in here on that but the lack of Other meaningful things to spend my time On is one of the most kind of soulc Crushing things about prison I gotta say We we've never talked before but Obviously I've watched you from afar and And I I just also say I feel sorry for Every man in pris no matter what he's Accused of or did I just I don't think We should be locking people away I know I guess we have to but I I feel sorry For everyone in prison I'll just say Call me liberal um but you you do you do Seem kind of healthier and less jumpy I Have to say after two years in Prison you know I've had a lot of time To reflect on how to communicate and Stop do in Retrospect you know I was I think I was Not effective at communic Especially when the crisis first hit and You know in in the months Thereafter um I made a mistake I often Make I get swapped up in in details and Uh forget to meet the bigger Picture you you seem like you were just Flying high on Aderall every time I saw
You on TV you don't seem that way now Were you no I wasn't but I was Um my mind was rcing because there were You know a billion things to keep track Of you know it was sort of typically I'd Have and back when I was Runing FTX you Know I I go on to have an interview but You know while on the interview there Would be two issues I'd have to resolve With the company so it have sort of one Eye on slack open responding to messages And I I knew that I had something else I Had to do right after the interview that I hadn't had time to prepare for yet That I Was preparing for in the back of My Mind so maybe like the Dig world is bad For us is that I mean like what's what's Your view of that you've been taken away From your phone so that's kind of big Yeah oh it is um I I prefer having the Digital World um that you know at the End of the day like this is his League Of Legends but but I will say that when I say that it's less from a perspective Of like enjoyment or or or or you know Pleasure or Leisure and it's more from a Perspective of productivity and ability To have impact in the world um impact Stealing from that perspective it's so Hard to do anything we don't have to dis Old World so like have you made friends There how do are you hanging with Diddy
I think he's in there with you hanging With uh he is he is um and I it's I Don't know you know he's been kind um The I've made some friends it's it's a Weird environment you know it's sort of A combination of a few other High-profile cases and then a lot of you Know Ex- gangsters or sort of you know Alleged ex- Gangsters definitely alleged so what What's Diddy Like I you know obviously I've I've only seen One one piece of him um which is you Know did he in prison and you know he's Been kind to people in the unit um he's Been kind to me um it's also it's it's a Position no one wants to be in you know Obviously he doesn't I don't as he said It's it's kind of a soul crushing place For the world in general um And you know what we see are just the People that that are around us on the Inside rather than yeah we are on the Outside oh I'm I'm sure and I mean You're two of the most famous prisoners In the world in the same unit what what Are the other what like what do the Armed robbers think well it's a really Interesting question and if of of course Some of them I I think are thinking like Wow this is sort of a big opportunity Like you know to meet people they
Wouldn't otherwise get to meet which Is it shocked me the first time that Right it makes sense their perspective But like boys not how not how I think About Person Um sorry sorry to laugh no that's I bet It's not how you think about it no it's Not and laughing is all you can do Sometimes you know there's there's no Better alternative um they're good at Chess that's one thing I learned like You know former armed robbers who don't Speak English um and you know probably Didn't graduate Middle School are a Surprising number of them are like Fairly good at chess like you know not I'm not saying they're Grand Masters but Like you know why are these games to Them all the time um I was not expecting That wow so how is it that's so Interesting how has that changed your Politics let's go baby well you know I Would say it's part of a larger ho which You know it's one of the most sort of Profound things that I've come to learn Over my life but still something I don't Fully understand which is obviously you Know what we call intelligence or IQ or Whatever it matters it's important um uh Working hard matters it's important but There are other things things that we Don't have good words for I still Haven't found the right words for but
Things that can make someone an Unbelievably impressive and successful And productive person um that seem to Kind of Outshine what I others would expect of Them and obviously it's not everyone you Know everyone's in different places But you know something we saw a lot at FTX we'd find someone with an absolutely [ __ ] resume I mean just nothing to Recommend themselves no real relevant Experience and all of a sudden we Realized they were outperforming almost Everyone else at the company just Because they had the grit they had the Instincts you know they had the Dedication they they knew how to work um How to interface with others and how to See solutions to Problems yeah I mean I've known on the Flip side a number of extremely stupid People who' have gotten rich in finance They're clearly have a kind of Brilliance that I can't see they seem Like morons to me I'm I'm interested in What types they are I I was on Wall Street in a farmer life and there a Variety of people there so there's been A lot of talk about changes to the US Tax code especially changes based in the United actually kind of relevant is you Know in 2020 I was a center left and I Gave to uh Biden's campaign um I was Optimistic he be a sort of solid Center
Left President I spent the next few years in NDC a lot I meant made dozens of trips There and was really really shocked by What I saw not not in a good direction Um from the Administration by late 2022 I was giving For Republicans privately as much as Democrats and that started becoming Known right around fx's collapse so I Probably played a Role why were you shocked I know you Spent a lot of time in DC there are Pictures of you with you know every you Met everybody what what was shocking About it So some of it was just more extreme Versions of what I worried about crypto Regulation is a good example you know I Never thought that frankly the Democrats In general would be the party taking the Lead on Good Financial regulation um but You know there were good and bad people In each party and a lot of thoughtful Players but gendler's SEC was something Out of a nightmare uh you know a company Would go offer something to the United States genser would sue them to the Ground for not registering so you go to Genser to register say he you know we'd Love to register aie says what you want What you we register as and the would Say well well there's nothing for you to Register as we don't have any
Ideas and there's just no Solution they required licenses that They didn't know how to give and every Company in crypto ran into this you know They basically failed to register a Single person Effort Um that that was like one pretty Disturbing Thing that I saw and you know go for it So can I just ask you to explain a Little bit there it it's obvious to Nonexperts like me that you know Gary Gendler is obviously corrupt I mean that Was clear but it was his motives were Less clear like what was that what what Was his goal it's a really good question And again I'm not in his brain but here Were some Impressions I had Um you know he uh he really like being In the center of things power Everyone Likes that uh not most people he is no Exception you know part of a tur for he Wanted his agency to get more power even If he didn't want to do anything with it Except block Industries uh you know why Did he make everyone register with him Well he loses power you know otherwise Even if he didn't know what to do Without them uh you know he had there Are lots of stories about him you know Being very politically ambitious and Feeling like if he could you know get on CBC enough make a big enough stink about
Things raise his profile that you know Maybe be treasury secretary um something Like that in the future and he andan he Was remarkably successful like he he Became sort of one of the few faces of Democratic Financial Regulation interesting that sounds right To me I mean th those sound like Washington type goals I've seen those Before so um he wasn't moral it's not Like he had like deeply rooted communist Beliefs or anything like that right no No I I knew that right no no it's not Like or any beliefs than self- Advancement um so of when things started To go south and you were criminally Charged or thought you might be Criminally charged you know you've given So much money to the Democratic party That I think it's pretty leaving aside Moral judgment here but it's pretty Normal in business for the donor to call The person he's donating to and saying Hey I'm in trouble can you help me did You call Schumer or any of the people You had supported and say you know hey I Need your help it's the Biden justice Department help me I didn't um for Multiple reasons one was you know I Didn't want to do something Inappropriate a second was I That many parts of it very quickly made Their positions known and were running Away as quickly as they could
Um you know I had uh I had a good Relationship probably better with Republicans in DC as with Democrats by That point in time although that wasn't Wasn't public not would have been easy To see that from the outside Um and uh at the end of the day there's A long story here involves a law firm That took it a pretty unusual and active Role in the case but before I even gave Up control of FTX before it was ever File for bankrupcy the doj had already Made up its Mind and so there was you didn't call in Any favors or tried To Interesting um what what do you think of The future of crypto I mean obviously You're must have complicated feelings Since you ran a crypto company or in Jail because of it um but you know a lot About the Topic you you sort of feel like things Are moving very fast on Crypto um do you think they're moving in A good direction I know it's sort of Weird to ask you this question but I Can't Resist no um hopefully is what I would Say you know you look at what the Trump Administration said you know going into Office there are a lot of good things There are a lot of things that you know Were very different from the stance that
The bid Administration took that that You know K the SEC took obviously the You know the follow through is what Matters and that's the stage that we're At now which is what will come of this And I mean not surprisingly like Changing the guard helps but Financial Regulators they're big giant Bureaucracies in the federal government They're not used to changing overnight And they have been playing a really Obstructive role for you know a decade In crypto you know the US it's 30% of The world's Finance it's about 5% of the World's Crypto and the reason it's entirely Regulatory it's just the US was unique In its difficulty to work with so I Think the big question is will you know When rubber meets the road like will the Administration do what needs to be done And figure out how to do It I I mean I remember when the concept Of crypto first arrived in the popular Press and the whole idea was that this Was a currency that could restore to the Individual his freedom of Commerce I get To buy and sell things without the Government controlling me and I could do It privately it would restore my my Privacy as well and that obviously has Never happened it doesn't seem like it's Ever going to happen and I don't hear Anybody say it anymore and now it just
Seems like it's kind of another asset Scam whatever happened to I mean these Are broad brush statements but whatever Happened to the privacy Thing it's a really good question and There's sort of a related thing about The technology right payments Remittances like all the things that are Not just an investment question but ways That crypto could actually be useful for The World you know they happen on longer Time scales than Investments do Basically you know with what social Media become you see bubbles you know Grow and pop and grow and pop on a daily To monthly basis technology is built out On a DEC basis so you Know right now crypto is not quite at a Point where it could become an everyday Tool of you know a quarter of the world Or something the tech isn't there yet But it's not that far away and if and This is an if if the industry keeps Making progress rather than getting Distracted too much by market prices Then you know five 10 years from now you Could imagine a world where all of a Sudden It is the case that anyone can have a Crypto wallet you know billion people Could use it each day um with privacy With security um fast cheap International all the things that you
Know that was promised and that Absolutely get are distracted from by The latest mean Points you you think world governments Would allow that I mean if you actually Allowed the world's population to Conduct Financial transactions without The control of governments then Governments would collapse instantly Wouldn't They well it's an interesting question And there are a lot of degrees here About the level of of oversight control That AER have you look at something like Bitcoin and the wallets are Anonymous But there is a public Ledger of every Transfer that happens so it is possible For governments to have some level of Knowledge without having control of of It that being Said not all the governments in the World view this the same and the United States government over the last 30 years Has taken one view towards control of You know the not just the United States FR but the world's Monetary you know dealings and and and And uh you see I mean a different Viewpoint much more authoritarian but Also much more insular in a lot of sort Of dictatorships but half world doesn't Try to have nearly the level of Government involvement in DayDay Financial transactions that the United
States have so the people who built this Country built it because they wanted Freedom one word Free well basically no um the company Pure well basically no um the Company that I I used to own um my big Still do own I don't know it's in Bankruptcy Had had nothing intervened um today it Would have about $15 billion of Liabilities um and about 93 billion of Assets So the answer should be in theory yes That you know there was enough money to Pay ever and back in kind At the time or today with you know Plenty of Interest left over and tens of Billions left for Investors but uh that's not how things Worked out and instead it all got boed Up in a again bred in in a bankruptcy Where I the assets were dissipated incredibly Quickly by those controlling it um They're siphoned off uh tens of billions Of dollars Worth and I it's been a a Colossal disaster and I mean not Stopping that from happeny is by far the Biggest regret for my life so you knew Everybody else in the crypto business You're one of the most famous people in The business before the charges before
You know all of this happened um being As honest as you can do you think you Were the biggest criminal in the crypto Business Bus I don't think as a criminal so Certainly the answer to that is no uh I Mean I think that doj thinks that I may Have been but I don't share their yeah You're you're in jail they definitely That's their claim anyway but but I Wonder and I'm not you know I've Certainly criticized your business and Other businesses like it in in the past And again I'm not even getting into the Details of your case because it's like Byzantine but dude um I'm I'm just Wondering like do you think there's a Lot of shady behavior in the crypto Business you know being honest yeah um 10 years ago the answer was clearly yes Or at least yes relative to the scale of The industry you know you look in the The mid you know 20 2014 to 2017 s of Era and there's not you know the Industry is a lot smaller than it was Today um and and a lot of the Transactions I saw or at least a higher Fraction of them Were well different people use different Words for it but uh Silk Road you know As an example right people purchasing Narcotics online uh was a common use of Crypto back 10 years ago or so uh Obviously they always going to be
Criminals in any industry but over time The fraction of the industry that that Represents has fallen off really Substantially both because of sort of Growth of other areas of interest in Crypto and also because of more Government involvement on the anti-money Laundering Side so yeah there's still some but not It's not as as prevent as it once Was so you were famously identified with Uh a worldview and ideology maybe even a Religion called effective altruism and The idea was that as I understand it That you you know do the greatest good For the greatest number you make money In order to help the maximum number of People and some have pointed out the Irony that in the collapse of your Company like a million people lost their Money um so there were a lot of Individuals hurt in an effort that you Described as like the greatest good for The greatest number and I wonder if all Of this has made you rethink the Precepts of effective Altruism it hasn't made me rethink the Precepts obviously I feel terrible about What happened it's not at all what I Intended and what everyone's intentions Are I you know if you screw up then the Results might be different you know People have their money back at the end But I it's too excruciating years
Waiting for it they got it back Dollarized rather than in kind um and I And certainly all the good that I've Been hoping to do for the world ended up Dissipating or at least most of it did When the company Collaps I guess what I'm saying is do I Mean I think it's hard for for most People to understand the idea that it's More virtuous or valuable to help people They've never met than it is to help the People right in front of them other Words like it's way more virtuous to Help your wife girlfriend mother Daughter brother college roommate than It is to help like a village in a Country you've never visited I think That's how most people feel Intuitively but you you disagree I Disagree although there's a cat which is That you know a classic mistake which People make and I may have made at some Points is I may have with people who you Don't know who are distant from you you Know what they need when you don't you Know being paternalistic kind of Condescending and you know there's so Many foreign aid type projects that have Gone Ary ended up being complete wastes Of money because no one knew the people They were giving to no one knew what Their lives were like and right they're Just guessing it speak it's wrong and You know they show up with like a bunch
Of water pumps to a v Village that has Plenty of water and no food and like you Know people shipped in from Harvard to Go hand out these water pumps no one Wants and you know there's like example After example of this going a whereas Obviously like when you're dealing with People you know um you know you have Much better sense of how to help them And that's real like that effect is Absolutely real and you know even if I Think the life matters as much in one Place as another that doesn't mean that You know as well how how to help one as You do the Other well see I think you're sort of Making a counter case you're arguing Against your own position I mean isn't It I mean I guess the problem I have With effective altruism is just too easy I mean it's like it's easy to cure polio It's really hard to make the same woman Happy for 30 years and so maybe it's Better to do the hard Thing well I think what I'd say is look You look at I mean malaria is a good Example here right no one dies of Malaria anymore in the United States and Basically no one does but globally it's What like a million people a year or Something die of it and that's horrible That it happens like this is just a Disease people shouldn't be dying from Anymore we know how to basically
Eradicate it and we should absolutely be Doing that as a world but you know Because it's it's sort of like easy in Some sense um that shouldn't stop us From being able to help people you know At home you look at like the scale of Resources that would be required to of These you know interventions in the Poorest part of the world and it's not That big um it's not making it would not Take a big bite out of our domestic Health um if it were done efficiently But the efficient part is a big piece of This you can throw as many useless water Pumps at Villages without food as you Want without curing anyone no I think I Mean you make a I mean that's Demonstrably true and 60 years of a to Africa has shown that as life expectancy Declined but um I I guess there's a Moral matter How can you justify worrying about Malaria when your cousin is addicted to Xanax shouldn't you fix that First if I could but you know at the end Of the day we have responsibilities to Each of us and you know if I know my Cousin well and I know how to solve his Problem because I'm his cousin then Absolutely like I have a responsibility To do that but if I've tried and I'm Flailing at that I can't figure out how To make progress but I can figure out How to save lives internationally or if
Someone can then I don't think it takes It away from the good that they can do Internationally that they couldn't Figure out how to solve their cin Problem right so do what you can I I Don't I don't think that's a crazy point Last question on this topic can you Think of a big um recent International Aid project that was an unequivocal Success So sort of but I'm not going to Name it's not going to be a government Aid project to be clear they're private Projects that happen um right you know I Actually think malaria is a good example Where a substantial fraction of the World's malaria has been cut down Already by mostly private contributions Um from people to South Sahan Africa and India um that you know it's saving Probably hundreds of thousands of lives A year right now for you know thousands Of dollars per Life on average um which Is you know a stunning success relative Scale now we're not talking about a Trillion dollars we're talking about Single digit billions of dollars Directed by really carful work by Philanthropists um and you know of Course you can look at gigantic Government programs that did absolutely Nothing um you know if you want to go The government approach I mean I know The Marshall Plan like that's sort of
Digging pretty deep in history but Rebuilding Germany after World War II Was uh Probably a huge success on on many Fronts yeah I think we' we've undone it By blowing up nordstream but but yeah no I Think it's a fair point so um how how Old are you now Ah you know I the funny thing it's it Took me a second to to think of the Answer that prison time changes when You're in prison it becomes sort of a a Morph his concept when everyday is is Sort of like the last and they just blur Together um the answer is I well I guess My birthday's tomorrow so as of as of Right now um I am I I'm 32 but I will be 33 soon how are you gonna celebrate your Birthday I'm not I was never big on Birthdays on the outside and celebrating Another year in prison just doesn't feel Like uh all that than you so you're not Going to tell didiot your birthday Tomorrow I don't believe you I someone Else might T but I don't plan To so okay so you'll be 33 tomorrow um If you are not pardoned all things being Equal how old do you be when you get Out it's a complicated calculation which I don't understand all the details of Because of like first step back stuff And if you just add you know my prison Sentence my age so to speak um you you
Know then the answer is uh in my late 40s wow could you handle That um uh sorry what I said was wrong I I misspoke if you had my prison sentence My age the late 50s if you include all Of the possible decreases it might be The late 40s but but the raw answer is I Mean it's 32 when I was convicted and I Got a 25e sentence so that's 57 so having done two out of the 25 so Far do you think you could could you Make It it's a good question I'm not sure I Mean the the hardest thing is just not Having something meaningful to be doing In here um and you know and you can look At their studies I have no idea how good They are but they show you know you age At roughly three times the normal rate In prison so you know you had 3 times 25 My 32 years um when I was convicted and Uh you know that giv you an answer of Maybe so I mean it strikes me there's a Kind of weird it's I mean you went maybe More than anyone I've ever talked to From one world to a completely different World so you were in the world of Digital money now you're in a world with No money oh yeah what's the medium of Exchange in prison uh you know it's Whatever people have and you know Muffins like these little like little Plastic wrapped you like you go to like A like a a gas station and like on the
Counter there might be like a plastic Bowl with little individually wrapped Plastic muffins that have been sitting There for a week at at room temperature You know imagine one of those that's Sort of that that's like standard is That a packet of ramen soup or a kind Disgusting looking little foil package Of fish in oil at room Temperature o yeah so you went you went From crypto to m to the muffin economy Yeah that's right how would you how Would you compare them obviously it's Harder to move muffins internationally But right I think as a currency anytime Soon globally uh I don't think it's Gonna be a strategic muffin Reserve um So um you know they're they're a Currency of need they they wouldn't be Anything else they don't have that much To recommend themselves but at the end Of the day they're kind of fungible They're not exact funable but they're Close enough you know two muffins are Kind of similar so you can kind of trade Them for each other they they kind of Work as long as you're never dealing With more than like five right because If you wanted to do a $200 transaction In muffins like what you know like the I Mean it doesn't work physically right And it's unwieldy yeah it's unwieldy and So one of the things that like you Realize really quickly is I
Mean the scale of everything is so Diminished in prison You know you see people getting into a Fist fight over a single banana um not Because they even care about it that Much but Because what else is there to channel Your caring Into o That's Grim have you do you eat The muffins by the way I them I I no I Just hoard them and yeah I don't Actually eat them I I mostly eat rice And beans and Ramen wow well it looks like it's been It's it's been good for you do you have You gotten any tattoos I I have not I I Know some people who have but I have not Gotten any prison Tattoos have you thought about it so you Know there's a part of me that's always Like thought about getting a tattoo but Talking with the inmates about their you Know random interview standardization Procedures or lack thereof for the Needles sort of you know that that cured That idea in my mind not no no interest Anymore it's not worth heepsy it's not Worth the heepsy it's you know I would Say like maybe they go through like four People or so before bothering to Sanitize I need oh yeah e [ __ ] okay so You're not you're not doing that so Since since you've been away and you're Facing I guess 23 more years um I always
Wonder like the people you helped I mean You're in prison because you hurt people But you also helped a lot of people in Washington by giving them many many Millions of dollars did any of them call You to say you know good luck I hope You're doing okay don't join a gang or Say anything to you at all right when The claps hit like in the immediate wake Of it I got a number of really nice Messages from a lot of people including Some in DC by six months later none and So by the time trial happened where I Was you know put in prison nothing And it's it became too politically toxic Um it became incentives were too skewed Against People you know risking their next I Even heard frankly about people saying Thirdhand like nice things about me but No one wanted to be in contact with me Directly did anyone contact you I mean I I noticed that your I thought was your Girlfriend testified against you like You there did you have any friends who Stayed loyal and supported you or and Continue to barely um yes but very very Few I was surprised it makes sense in Retrospect um anyone who was close to me Ended up with a gun to their head um you Know being told that they had two Options and one of them involved decades In prison and I Mean I I think Ryan Salem is sort
Of the saddest example of that the most Disgusting example from the government's Perspective where you know they charged Him of totally bogus crimes um he he Said no I'll see you in court this so They went back and said all right well How about your pregnant wife um what if We put her in prison and so he pleads Guilty because they're in his wife in Prison which no same legal system would Make that a permissible thing for a Prosecution to do and then and he was Even charged with most of what the other People who played guilty were charged With you know Ryan he doesn't testify at Trial because he doesn't want to lie he Doesn't want to say what the government Wants him to say and he ends up getting Four times as much prison time as the Other three uh gy please Combined and like it couldn't sound a Clear message is it because he was a Republican or is it because he refused To par the government's lies at trial Like those are the only things I can Imagine why they give him seven and a Half years in Prison it's disgusting and I I had him To my house and I interviewed him and I Think they charged his wife as well Totally immoral what they did totally Right all that they went back on their Promise and and charged his wife anyway Like you know just just to sort of
Disabuse any notion of them sort of like Operating good faith it's it's Disgusting he's he's a good guy I you Know he didn't deserve any of That has it it Dawn on you you know I Don't know what kind of news coverage You're getting kind of contact you have With the outside world sounds like not Too much but that things are moving so Quickly out here oh yeah by the time you Get out I mean AI for example it sounds Like we're Reaching uh AGI or Some Singularity soon yeah that you may Emerge whenever you do into a world that That doesn't look anything like the World you left yeah I feel it pretty Acutely and it's you know the sort of Feeling of the world moving on uh Without You H is um having children part Of Your effective altruism Philosophy no different people in the Community have different views on it and At the end of the day I mean for you Know 5 years I felt like I Had about 300 children most days my Employees like it was obviously I Couldn't be a auor in the same way to All of them but I felt responsible for Them and mean feel terrible about all Their work interview tossed down the Drain um but I I didn't have time for my Personal life at all basically when I
Was running FTX and I mean I certainly Am not in a position to have kids from In person So have any of those 300 employees Visited you in Jail Uh no uh I think the answer is is no to That you know there's one or two Probably ought to have some real kids at Some point don't you think because they When things go bad they stick around you Know it it it's got me thinking about What it means to have refence And it's and and about the amount of Power that systems in our country end up Having and the amount of intimidation That can be Achieved implicitly but I but also about Yeah having people I know I can count On yeah other people are all that matter Sam bankman freed I I I'm grateful that You did this and it's probably the only Interview you ever do where you don't Get pressed on your business because There are other people to do that but I Was glad to talk to you and I hope You'll give our best to Diddy I I will Absolutely do that I can't believe You're in jail with Diddy it's you know someone told me Three years ago like you'll be hanging Out with with Diddy you know every day Be like oh that's interesting I wonder If that's gonna happen I guess he gets
Into crypto or Something oh life is so weird godspeed Thank you thank you thank you okay that Was actually that was actually funny at The end uh interesting conversation yeah I mean there wasn't uh as groundbreaking As I thought it was going to be Uh at all wasn't going to be wasn't Groundbreaking at all Uh you know markets uh today a little Bit uh falling back after hours here After this morning show a little bit Definitely have pulled back here uh Fallowing the SPX it seems like today so You know if you guys are in the telegram We'll be looking for some trades some Snipes here throughout the evening uh But the SPX has been really bleeding Trying to hold support here down at this Um oh there it goes it's trying to jump Right now so we'll see if it can end up Breaking to the upside here with this uh Bullish Divergence that's being created Uh and we'll see how far that decides The rip here uh past that not much Moving along I mean that was a what are Your thought I I Look you know all things aside does SPF Deserve 25 years in my opinion no uh and Before you freak out it's because I Believe there was a lot of other people Like he mentioned that were siphoning The funds and actually the larg Political figures behind him I think
There was more strings attached and I Think there's other people that may have Actually been probably uh more Responsible the for the events that Occur now does he of course deserve Prison time 100% uh but dude he's gon to be dead by The time he gets out here so do I feel Bad look no not Necessarily uh is there things that were Injustice you know for example he's Talking about with potentially people uh You know standing trial to hopefully get Their their wife out and their wife Still being put in prison you know That's a different Conversation uh but really at the end of The day Alam research was one of the Biggest failures FTX was one of the Biggest failures that we've ever seen in The space they deserve the prison time This is not somebody you should look at This as an op and go man I kind of feel Bad for him um you know the the prison Sentence is deserved so very interesting Very interesting um now whether he only Deserves 10 years but it sounds like There's a way I mean obviously I think Minimum 10 but 10 10 years a lot of Years like think about this too now I Mean this was a white collar crime but 10 years with the fast with the speeds Of AI and everything dude you're by the Time you're out you're not ever gonna be
Able to catch back up um you just won't 10 years is a imagine you stopped today Came back 10 years from now like no Matter what you're pretty much removed From any possibility because it's going To take another five years for you to Play catch up on the 10 years that you Missed very interesting very interesting Because you're really closed off in the Rest of the world and he does have a Point uh every you know it's like three Years to every one year in prison so It's like if he spends all 25 years in There I mean he's dead man he's a dead Man like what that would do to you Mentally and I'm not speaking again in Regards to the you know what he Committed I'm just that's a very Interesting perspective it was a very Interesting interesting interview Interesting interview where isbs worst Girlfriend she also gamble all users fun Exactly so SP SPF was thef was 100% the Fall Guy like type one in chat if you Agree with that like he was definitely The the Fall Guy Um you know so like he 100% deserved Prison time but there's is very clearly You know he was a Fall Guy in the Situation there was way more than meets The eye and we will never know what Happened behind the political swings and The political uh decisions that took Place behind there so yeah very
Interesting very very interesting there Um how many lives did he ruin again I'm Not I'm saying he's I think he should be Convicted 100% believe he does but There's a lot of people that are walking Free and I would much rather have that Had that time split between them or more Time added like 40 years split between 10 people like I wanted people to face The prosecutions right um because by the Way he's never allowed to touch Finance When he comes out of this so like you Know that's what's interesting as well Is like you're not allowed to touch Finance once you come out of this so It's not like he's going to come back Out and build a you know Financial Platform so that that's already gone He's already bankrupt he's going to owe Tens of millions of dollars already he's In debt he is not coming back from that I would have liked to see have seen the Other people Associated that were Pulling the strings the lawyers his Parents that type of stuff uh prosecuted As well this is this is often the Problem with like the pharmaceutical Industry or the financial industry is That really bad things happen in these Industries but no one is prosecuted for Example the Brothers back in 2008 when It collapsed one Banker one [ __ ] Banker went to jail you know there Should have been dozens dozens and
Dozens if not hundreds of Bankers that Were prosecuted I would have much rather Had hundreds of Bankers prosecuted for Multiple years even if it was only two To five years that in itself is enough To really set set a standard for the Industry and that's the problem here is We have we're supposed to have this World great you know now J system and it Is not utilized it is paid to play and So it's like if if if our Pharmaceutical Companies uh were imprisoned for causing Harm from vaccines and like they're Actually held accountable so if you Launch a vaccine it ends up killing 10,000 people and you're actually held Responsible for that rather than just You know kind of let go like nothing Happens to you Bill Gates Etc uh it's Going to continue to happen you know It's gonna continue to grow as an issue And no one's going to be ever held Accountable it's just going to be payto Playay and they're going to pay off Everybody so they don't have to actually See that jail time Um very interesting very interesting Conversation There Leman Brothers Bankers yeah I Think there's one Banker from the Leman Brothers that went to jail and that was It same thing with the part Purdue Pharma anybody know type one in chat if You know what Purdue Pharma is um I
Think there was one person that went to Jail for that as well it's like these Are people that are responsible for Hundreds like like tens of billions of Dollars in illegal activity tens of Thousands like thousands and thousands Of actual Lives you know very interesting Enron Was was 2000 right Enron was 2000 early 2000s that wasn't ' 08 Gary should be investigated I agree I Agree Here um I very much agree Here now let's actually pull this up Here because while that was happening I Took a degenerate as trade let's see if This is still logged in Here see what we got here Pretty degenerate trade going on Here pretty degenerate trade here about Three grand but we are down we're about Break even here Today uh there was Leman Brothers Banking that ran Silicon Valley yeah you Should you should be investigated oh he Got me guys moist water moist water Coming in here with the hot take dude uh I don't know if you know this but our Company's been Literally under a microscope for two Years homie because of a previous host Who really appts on drugs wasted company Funds Etc yada yada yada I love when People go you guys should be
Investigated when we're probably the Cleanest company in existence in the Crypto market like we have to report Every single filing every single Transaction every single data point to The government like use your moist water Your brain is about as liquid as your Moist water use your brain dude use your Brain my God Man Josh are you being yes guys I'm Being held hostage By I can actively leave wherever I want Though and travel across the country I Can actively leave guys I'm allowed to Leave whenever I want go to whatever Country want do whatever I want trade Whatever I want but I am pot I guess I Am being held hostage without without Knowing you should bring I would love to Bring him back on as a guess that would Be just funny but I gotta wait till this This is needs to be handled dude he Needs a loser man I just I I find it Funny dude it's like so many people like There's not so many people there very People out there but they'll make Content like you're you're you're not Disclosing your advertisements you're Pumping UND dumping you're scamming and I'm like dude how [ __ ] do you have To be be to not realize that we are like The most transparent [ __ ] company in The crypto Market because of what Happened like nothing get by us nothing
Nothing could get by it it's like it Is makes me makes me laugh it really Does dude it really does dude has a Passport fam and soon a White House Press pass yes and then I am applied for A White House Press pass you think I'm Going to go apply for a White House Press pass and go through 90 background Checks like and then just it's Ridiculous man Josh is Triggered H yeah I just I get triggered Over how stupid people can be sometimes I'm just like how are you this thumb you Just want to like you know it's like but People are so easily manipulated man it Is just funny it is just funny some of These haters dude they're Actually they're just ridiculous no Carlos is not dude it's literally Nothing literally it's we are it's lot It's it's funny dude Ben has like Literally multiple arrest warrants um in In Georgia I mean the dude's he's off His rocker he's off his rocker honestly He needs help I wish him the best I want Him to go to rehab honestly because Honestly I don't care about him I care About his family and his kids more than Anything it's just devastating watch Dude it's clown work Man um at the end of the day employees Are not children you bought into the Depopulation crap I think orin's a Little bit behind here I think he's
Watching the uh the thing still as well Off the rocker is an understatment yeah Dude it's it's insane to watch here Let's go dude up 35% did we just C I'm Gonna be so pissed if I just caught This because I me and the telegram been Trying to trade this all day and I think I finally caught the breakout here I Mean I definitely caught the breakout We're back up at the profits for the day But man we were struggling in there Before he went live we tried getting This breakout twice stopped out here Stopped out here and Then yeah that's unfortunate bro is what It is time to short potentially man his Girlfriend a satanic I heard I don't Know man I just go off the facts And uh yeah I just don't mind man I mean Dude you guys could see it here I don't Care talk about this stuff people like Are like don't talk about it's like dude Just like it's funny dude it's actually This this is ENT it's entertaining to me I mean to see how far down this guy has Gone uh and look at this one like these Guys are actively licking for me right Now to literally kill Me dude I do not Care like that is Insane it's Like just funny dude what a funny guy It's it's Zan Looney Tunes man you're 1 Million better times as the channel now
Dude I'm excited for the feature of this Channel we're really going we're we're Going deep here guys I want to give you Guys soon we'll be doing the craziest Interviews you've ever seen on this Channel that is my goal is I want to be Able to get access to people that uh you Wouldn't before like had the opportunity To like be a part of as well I should Probably close this here it's testing The resistance right now if this drops Down to uh 89k again I'm going to close This position here for like two grand Actually let's lock in a take profits Here just to get us back to the break Even price there today so stoploss will Be uh this will be 88 995 that's 25% no that's too let's Do one one 22% there you Go H put it below those Wicks there you Go there we go just in case it retest That breakout Level hold hold the line yes we're Holding the line right now holding the Line right now let me see the SPX it's It's going to depend on this and if this Is getting reject look at that rejection This is actually looking pretty ugly Here Um it's not the prettiest you really Need that to break out above it you need That to break out above it or else it's Gonna it's gonna be a little ugly there
Little ugly there so we'll see we're Holding right now we're holding we're in A good trade good trade it's playing out Right now we'll see how this goes you Know but if not we just locked in 2K We're back to even and we're chilling Here we're chilling like a villain here We had a great week we made like $15,000 The last two days any Duke news fomo.com We're just building man building Non-stop now uh if you guys don't know Though Duke is I have zero control over It is literally completely operated by The community now uh We've transferred Everything they should be doing their Aird drops there's like three different Council members with three different Companies like building it out and doing Some really cool stuff um so for me it's Just we're just building out all the Tools and the products guys but just Takes time just takes time but Everything's uh everything's smooth man Everything's Smooth everything is still smooth here I Want xrp back to $21 $2 and one cent on xrp let's go to This real quick $2 and one cent where is That Holy Smokes bro I don't think You're getting down to $2 one cent here Anytime soon unfortunately that's uh Where was that oh I guess you did a few Days ago that's insane man absolutely Insane absolutely insane all right guys
We got stopped out there I think yep Stopped out boom good to go just locked In those profits and uh that was a Little $2,000 trade there so we'll take It we'll take it we're back to Uh beautiful beautiful Beautiful uh let's actually we could Actually look for some Snipes here let's See if we got some scalps here How much would I need if I'm trying to Learn to trade uh you can start with Literally like a hundred bucks man like You shouldn't be starting with a lot of Money because you should be just you Should be starting with a few hundred Dolls and like think of it like your College tuition uh like you're gonna Lose like it's very rare that you ever Meet a Trader that just becomes Instantly profitable it doesn't exist Like it takes a lot of time to really to Get used to that BS There Um sorry I was just like reading through Things uh so you but there's like paper Trading you could do which is like where You can actually just trade with fake Money uh but to really I would say just Start with a 100 bucks like a hundred Bucks a month and don't trade with more Don't trade with less just if you have 100 bucks in spare money literally do a Hundred bucks on like 5x like again You're not making a lot of money off
That at all but you're just doing it to Get used to the game doing it to get Used to trading uh because like for me Is like I paper traded for a long time And it really just has no effect because Paper trading you have no emotions in Like I have I don't care if I lose that Money because it's fake money right as Soon as you have real skin in the game Your emotions really that is the hard Part it's really learning your emotional States understand that if you have a 70% Chance based off your indicators there's A 70% chance it's going to move you know There's a 30% chance you're gonna get Stopped out you have to get used to Losing and making money it's just it's a Lot can you teach me I I teach in the Telegram like we just go live in there Periodically but I don't do like Coaching at all I just don't have the Time literally just use your imagination Bro paper trade first keep track and see How you would do don't use real money uh Yeah so again Macho I think it just Everybody's got a different learning Experience for me it was like why not Just take a hundred bucks like instead Of going out and drinking at the bar With your friends one Friday out of the Month just remove one Friday of drinking Alcohol uh that alcohol you're gonna Waste the money on alcohol and be hung Over anyways use the hundred bucks to
Just you know trade those positions There but you can also again trade you Start with paper trading but just After I prefer just doing the 100 bucks It's like as is where I'm at everybody's Different everybody's different and also You shouldn't just be trading instantly You should put like everybody chat is Right you should be reading how to trade Books uh you know and at least have some Fundamental understanding of how to Execute a trade before you just blindly Don't know how to trade you're just Opening Longs and shorts that's just You're just gambling at that Point bearish dience on the Divergence On the 2hour um Stop loss stop loss stop loss 100% just Like with real estate you have to pay Tuition first you will lose first before You win yeah and like real estate's a Perfect example because Realtors dude Some of you are they're holding Inventory for years before it's Profitable so real estate's actually Even and that's a much larger money That's a large much larger sum game so I Mean for most people So yeah I would agree with That don't go out and drink buy C can Trade Instead Jesus you guys are degenerates Man sell the news what will it take for
The base ecosystem to start the bull Rally uh retail volume that's literally It uh it's Fall Guys your Bitcoin Dominance check this right until this Breaks dude you're not having a bull Season you're not having an all season Till this breaks I wouldn't be surprised If we came back up to 62.9 two% uh I Wouldn't be surprised if we came back up To where this Wick is sitting right we Actually break to the upside absolutely Insane But you Know I don't know you could hope for Some bullish remarks here I'm very I'm a Very practical analytical guy so I'm Very conservative you guys know this in Chat I'm very conservative my price Predictions because and I'm very Conservative in the the I don't like Making predictions I just don't you know Everybody likes making predictions I do It but it's not my favorite thing to do Because it's just completely speculative And based off bias research assumptions That is what a prediction is right now I Like I like indicators I like Macroeconomic factors and I like to make Risk and I'll make I'll make trades off Them right that's that's just part of The that's investing you're making an Educated assumption based off a previous Outcome to have the best investment Decision so you know what I'm looking
For right now is the macroeconomic data Uh and I dropped a really good video Last week on this where I pretty much Break down that we're in purgatory uh Which is I'm bullish I'm very bullish I'm cautiously optimistic here I am not Bearish I think it's ridiculous to be Bearish in this market right now um but What I understand is that I think we Need two months of economic data before We really start to see the upside Tractions in the market now crypto is a Little different because you could have Donald Trump come out and announce a Bitcoin strategic Reserve tomorrow but Then you're just literally basing your Entire analysis based off a white swan Event that might come in two days it Might come in two weeks and it might Come in two years right so if we can go Off our historical data points which is Just literally go to your economic Calendar here right Trading Economics use your economic calendar What I'm focusing on is going to be your Your impacted macro decisions here so Your non-farm payrolls your Consumer Price Index your jolts and job openings Reports your producer price index your Ppis your GDP reports these are going to Give us uh a more accurate estimation on What the future outlook of these markets Are going to be for the Federal Reserve So you have two really big things
Happening right now okay number one you Have Donald Trump passing tariffs or Issuing tariffs with Scott bessett and Howard lutnick and they're actually Doing a fantastic job so if you don't Know the purpose of tariffs I'm a very I'm a I'm a tariff bull man I think They're they're needed for the country We have the amount of debt we have we Have to do this whether it's now or in Eight years we have to establish tariffs We have to cut government spending we Have to eliminate our deficit costs Right we just have to or else the Economy is going to collapse so better Now than later and what the tariffs are Doing and a lot of people need to Realize this it's causing uncertainty in The market so it is hurting the SPX yes It's hurting the stock markets here Quite a bit and what it's forcing these Buyers to do is run into government Bonds which is going to drive down yield The reason why the Trump admin is doing This and they've said this directly with Scott besset is because we have to Refinance our debts 7 trillion doll Worth of debt within six months and you Can either do that at a 4.8 per interest Rate or you can establish tariffs Increase fear in the market drive down Those yields without having the FED to Cut those interest rate decisions and Bring down inflation at the same time
And refinance at a lower interest rate So the longterm out of this the short Term is uncertain the shortterm is Volatility but the mid the long term Here looks to be an excessive amount of Quantitative easing money printing with Low inflation and Rising wages that only Equates to upsides in these markets Whether it's 6 to 24 months from now how Long is that going to take we don't Necessarily know because of fiscal and Monetary policy because of negotiations Happening between Howard lutnick or Marco Rubio uh or uh again Scott bessent Um we don't know those conversations I'm Not a fly in the wall in these rooms Understanding those mechanics so this is Why I say we're in purgatory but I'm Still a bull here it's you're going to Get very volatile violent swings like You've been seeing on crypto but for the Stock market here I think it's very Close to bottoming out you have half the World saying we're going to go into a Great economic depression that doesn't Make any sense how are we going to go Into a Depression as inflation starts to cool Down weighers start to increase you have Trillions of dollars in Investments Coming to the states like I just don't See a depression on the six-month Horizon it would have to happen today Because within three to six months
You're going to now have massive Domestic manufacturing increases you're Going to have wage growth taking place Within the US economy I'm going to take A wild guess here and whether you like It or not a lot of the tariffs have been Working with strong negotiation tactics Those are looking very positive doge is Crushing it there's now an announcement That doge is going to be cutting or There's two meetings bi-weekly now with How much that they're uncovering and They have to uh audit the Doge Themselves for auditing what they're Auditing to make sure that they're Cutting the right government Spending I don't see a depression in six Months I just don't could I be Wrong chat you might be right you might Maybe I'm wrong but I just don't see I Don't see a economic depression in six Months from now I see us coming out of The long end of this I see this being Very very bullish right so that's where I stand kind of currently downside we go To zero upside is infinity well there's That make donuts cheap again you Apparently Fort Knox is Stock B with Eggs that'd be nice man yeah make Porter House and bacon cheep again hell yeah Dude I'm with you guys wages went down And people just got fired due to lower Productivity yeah that's that's today That's today
Uh Amic ambicious I don't know how to Say your name again everything that ha Happens on like a large scale time frame Is pricing in this like today we're Pricing in things that are six months Usually your markets are pricing at a Factor of six to 12 months so based off Federal Reserve interest rate like They're always predicting the long end Here so like for example when the by the Time the Federal Reserve announces that Were out of a recession and the Atlantic Fed has said we've had two negative Quarters of GDP growth we are by Definition within a recession based off Certain me economic data points uh by Specific economists by the time they Announce we're not in one you're going To be back up at this range every single Time you're G to be back up at 6140 Right so by the time we're out of here And everybody says start to buy you had Months and months and months and months And months and months or days and weeks Or whatever it is uh of accumulation Levels so like this down here to me is Let's I'm DCA right I'm I'm taking Advantage of low or cheap Bitcoin here I'm taking advantage of you know cheap Blue Chips uh and we're playing that Game here also you could just look at The weekly here look at the weekly right We know that there's massive buying Pressure coming in from the 70 to or
78,000 to $90,000 Range So yeah you know I don't know call me a Perable but I'm pretty much permanently Bullish on Crypto love you Josh and I think it's Because of you I think it's because you Just get it you just get it thank you For looking at the macro and not having A buy a short-term per oh there you go Macho I read that wrong there yeah yeah It's just it's hard to have that Conversation and I I welcome people to Challenge that that that decision but Most people that challenge the long the Long and Midterm yield Outlook from Tariffs are very Emotionally directed by their political Biases in the short term than they are The long term uh for example the Conversations like guys did you know That we just had to kill like hundreds Of millions of birds or something like That or chickens because of a bird flu That is why there's no eggs on the Shelves right so that's gonna have an a Huge impact on your that has nothing to Do with the supply chain issues it's Because of a disease right so and that's The other thing we haven't even priced In by the way the regulation cuts the Domestic energy production that's going To impact Supply chains massively on a Longer scale that's going to reduce
Inflation on a longer scale Um I work for a machine shop we just Informed mandatory overtime with many New Contracts uh we just informed mandatory Or okay so that's good especially if They pass the uh no tax on Overtime yo yeah don't wait for them to Tell you you're in or out of recession Exactly you know it's always going to be A speculative of a game right we're Always GNA be speculative and I come off Very biased to people that's okay I lean Right I'm conservative in terms of my I Want less government oversight I I but I Am I would say I'm more centered than I Am right in terms of social I I'm huge In humanitarian I'm huge in Environmental um and I do think that we Need to allocate resources to bettering Our environments to bettering our social Programs like I really a family first I Think people we should have way better Incentives for people to start breeding In America again our our breeding rates Uh our demographic rates are plummeting And that's not good right so I think we Should have better social programs for That I think there be better State Decisions on education uh and social Funding around that aspect Uh but right now taxes are just a Literally a scam taxes are straight up a Scam right now I would argue that more
Than 90% of our taxes uh is straight up Just being money laundered through Nos And the Department of Defense um taxes In itself are a scammed because the Government could print money so it makes No sense to even have taxes and raise Taxes because then you're saying that The government has a spending issue so Now you're saying if we need to raise Taxes because we have more government Spending but the government prints Endless amount of capital through the Federal Reserve then you're just Literally saying hey we need more money To print artificial money to take more Money for ourselves from the politi you Don't need to pay taxes is what I'm Trying to say here if you have a good Government spending there should no be Income or federal tax they just like if In theory if the government can print Their own money why the [ __ ] are we Paying taxes if they could just print Their own way out of this unless it's a Revenue Source right but when you have a Government spending issue and the Revenue Source isn't enough the answer Isn't to raise taxes to reduce Government spending the answer is to Reduce Government funding and cut taxes That is that is what should be happening But instead we raise the debt ceiling we We print more money we raise taxes and We take more money and then it just
Creates a much larger wealth Gap in America because people that think you Need to tax the rich are I just I'm Sorry they they're just I don't they Need to read basic economics like they Need to take a 101 class because your Your Rich guys they're not [ __ ] Taking taxes on their income they make $75,000 they make all their money off Appreciating assets that they're Borrowing and lending against they're in A completely different Market that isn't Taxable so it's it's crazy to me that's Where that's where my Outlook is Longterm enjoy the membership guys thank You for all the gifted Subs by the way Today guys much love to you guys that Are all doing the gifted Subs in the Chat you guys are freaking beautiful and Absolutely Amazing April 1 is most likely scenario For what am I missing on Texas just Approved the reserve oh absolute W here That must have been what pumped it a Little bit here like it or not the rich Create jobs Yes yeah now you do need you do need Capitalistic oversight so you do need Regulation right there should be gaming Regulations and stuff but that's where You have a democracy to balance out Those measures but like for Nancy Pelosi Or uh Pocahontas Elizabeth Warren to Come out and Advocate to tax the rich
When they've literally made all of their Money off taxes they make their money Off taxes and government spending that's How they make their why do you think Elizabeth Warren doesn't want Doge to Investigate all of these uh zero marked Transaction costs you don't become aund Millionaire like literally she she's Worth a hundred million doar off a $200,000 salary you don't not as a Politician that is impossible unless You're inside trading or taking uh Funding via [ __ ] NGO uh Speech uh Speech positions some of these Politicians get paid millions of dollars To speak at these NGO events that are Being literally sponsored by taxpayer Dollars that is that is ridiculous Ridiculous dude Ma Macho thank you for gifting the subs Here again Man Trump signing executive Orders this relationship with the Trump Administration continues to spiral we've Been speaking to Ukraine's former deputy Prime minister her name is Ivana clush Tiad and she told us that the talks of The ceasefire with Russia which is Something that President Trump has been Pushing for would really only give the Kremlin time to regroup re arm and Reinvade uh Ukraine and we only really Have to look at what happened overnight Uh the Russia targeted the city of
Creevy re which is President Vladimir Zelinsky's Hometown and it was targeted By a Russian ballistic missile now in a Post on social media Mr zalinsky said Among the damaged building was a hotel Full of Aid workers including some America we understand at least 30 people Were injured in that attack and four People were killed but it really just Caps off the enormous amount of violence We've been seeing uh really over the Past week or so with these massive Russian attacks almost every night Usually drone stes but now here we are With the ballistic missile attacks which Has been so devastating back to you MTS Tab thank you a convicted double Murderer is said to be executed by Firing squad in South Carolina tomorrow Sigman is said to be put to death for Killing his ex-girlfriend's parents with A baseball bat in 2001 his choice to die By firing squad will be the first such Punishment in the United States in 15 Years the country's first recorded Firing squad execution dates back to 16008 at least 144 civilian prisoners Have received the same sentence since Then three have taken place since 1977 we're looking Okay two California hikers remain Hospitalized today after rescue crews Were finally able to get to them all Right I don't think Trump's signing
Anything right now homie I think I got I Got trolled there dude I got Trolled they trolled me Here uh oh yes Texas thank you Senator Thank you Senators for the discussions Um move final passage of commit St suit C Bill 21 to bring Texas into the Digital currency era Senator schwarner Moves final passage of committee Substitute for Senate Bill 21 secretary Recall Ro Alvarado Bon CT Birdwell Blanco Campbell cook Kon eart flus be 25 Eyes and five Nays bill is finally Passed Congratulations that is badass man that Is badass so freaking badass man that is That is huge it is huge that's about Algr it's stable project alr's it's all Right it's all right I I was never a fan Of alran because the carbon credit Initiatives and and uh they're ties to The Clinton Foundation early on but it Seems like they disant themselves from That so just it's a Bankers it's a Bankers L1 really is what it Is Cardon still bullish Charles not Invited uh Cardon still bullish dude Yeah I don't know why that would change It Charles is invited I think I don't Know Um yeah I mean for all these altcoins Guys they're going to follow Bitcoin the Question should be is Bitcoin bullish is Really where I'm at with it like like if
They're going to get a US strategic Reserve it's just going to be better It's just going to be better this I Should have held this dude well no we Closed out at a a good rate I mean it's $2,000 let's I'm I'm I'm happy I'm happy I'm a happy cat this is about to break Back up to 90,000 here though it's gonna Shoot up the summit will sell the news We got to fill the CME Gap properly at 77k M2 money is with 70 offset has been Us pumping it back around April 1st uh I Would be cautious on that I mean I would I say that y LS you could but the the Gap did almost completely fill uh so It's going to be in my opinion it's Completely dependent on the SPX right so The biggest date I'm watching and by the Way this is our Trading Zone so if you Guys haven't been watching it we traded This was a 250% gain we made $10,000 Trade off this another $5,000 trade off This this move here we've been trading This back and forth so what I would be Looking at though is the Fed watch tool So you have you have uh only a few days Left uh we have about week left two Weeks left until the interest rate Decision for the Federal Reserve now Everybody knows that we're gonna we're Going to keep interest rates the same I Don't think you're gonna get a 25 basis Point rate reduction this month uh May Changes up it's about a 50% chance that
We get a 25 25 basis point rate Reduction so uh if if on March 19th we Get a lot of doish demeanor from from Jerome Powell your SPX is probably going To start ripping to the upside again It's probably going to start ripping to The upside again so I'd be care I'd be Cautious of the uh I would just be Cautious of the $77,000 target there on Bitcoin I just want to be completely Relying at Lars but I do agree something You should be aware of and you should be Keeping an open mind in terms of that uh The Zone here which is priced out right Here for you Guys I just seen him ex sign one we'll Try to find it oh thank you Nicholas oh Yeah I don't know it's Uh h That's how you counter a scop is you Form real we got our boy Ian Carroll Here live now uh what else we got Here that's it guys all right guys well That was the uh the end of the show here Uh that was the spbf live prison Interview with uh Tucker Carlson here so Very interesting interview wasn't you Know kind of what we expected to be make Sure you guys hit that like button on The way out i' have to refresh to see How much we're at uh but guys much love Thank you for being here we'll see you Guys later tonight with the video that Is dropping uh about the crypto Summit
So you guys haven't already hit that Subscribe button turn on those post Notifications if you're on X hit that Repost hit that like button guys and We'll see you later this evening peace Out guys