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Bitcoin Reverses As Washington Flips Transcript, AI Summary & Key Points

CryptosRUs · 7 days ago · News & Politics · 49:34 · EN

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AI Summary

Bitcoin rebounds to about 80-81K after dipping to roughly 75.7K during midterm election night, as Democrats sweep the midterms — flipping seven Senate seats including Texas, plus governorships in Texas, Nevada, Iowa, Georgia and Ohio, the biggest Senate flip since around 2008. US markets rally hard anyway, with the Dow up over 1,000 and NASDAQ climbing through the stream, defying fears of a post-midterm selloff. The clear takeaway: anticipation of an event is worse than the event itself, panic sellers got faked out, and holding or dollar-cost averaging beats trying to outsmart the market. Other news: Block pays $750 million to the Department of Justice over AML violations, Binance's hack came through fake job interviews and malware on an employee laptop, hackers are laundering the stolen Solana via ThorChain, a French bank may have lost $133 million, the CFTC approves stock perpetual futures, and AMD's earnings beat lifts the tech sector. Historically, Bitcoin and stocks have had strong runs in the 12 months following the last three midterms, pointing to a potentially very good lead-in to 2027. Later segments cover the Clashpad/Clash ecosystem, Frontline and Clash World moving to Unreal Engine, and Q&A on CZ's continued influence at Binance and Democrats' stance on crypto.

Key Points

  • Market Overview — Bitcoin dipped to about 75.7K overnight during the midterms, wiping out leveraged longs, then bounced back to 78.6K at open and climbed past 80K and above 81K by the end of the stream; futures were deeply red overnight (NASDAQ around minus 560 at one point) before the market opened green.
  • Midterms — Democrats swept: seven Senate seats flipped including Texas, the biggest flip since roughly 2008, with Kansas, Iowa, Maine, South Carolina and North Carolina also flipping, and governorships flipped in Texas, Nevada, Iowa, Georgia and Ohio; Trump congratulated Democrats but retains veto power, and Congress may now have enough Senate votes to end the war.
  • Trump's reported income — Trump's released tax form shows roughly $400 million made from Trumpcoin, and the president, first lady and World Liberty Financial all launched memecoins making hundreds of millions; the argument is Democrats oppose this corruption more than crypto itself.
  • Treasury Yield — Treasury yields and the euro fell despite the deficit staying sky-high; speculation centers on hopes the war ends, inflation cools, and no more rate hikes come.
  • Europe Inflation — Eurozone inflation hits 4%, Australia is sky-high, and Asia is the same; elevated oil prices, overprinting and bond overselling are driving worldwide inflation.
  • AMD — AMD's quarterly earnings beat sends the stock jumping rather than dumping, a good sign that could carry the broader semiconductor and tech sector.
  • ETF Flow — Bitcoin ETFs saw over $1 billion of outflow over the last three days; a rally could flip today to a plus-$1 billion day as fearful institutions mirror retail panic.
  • Block — Block will pay $750 million (three-quarters of a billion) to the Department of Justice over anti-money-laundering violations indicted in 2023 under the prior SEC led by Gary Gensler — money that can't go into Bitcoin, which Block holds a lot of.

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Searchable transcript of Bitcoin Reverses As Washington Flips — CryptosRUs (49:34). Search for a phrase, then click its timestamp to jump straight to that moment in the video.

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00:02 [snorts] Welcome back to Cryptos. I am George. We're all George. Welcome to another market open stream. O, we had a big night yesterday. Washington flips completely blue. A lot of states, including Texas, which has always been red as far as I can remember. has flipped blue. So, what does this mean overall for markets, for Bitcoin? Let's talk about it.

00:38 Let's do it, guys. Welcome, welcome, welcome. Well, we are starting out the day green. yesterday while the midterms were still going on seemed like there were a lot of fear. Okay. Uh you saw Bitcoin just like dip down all the way to about 757 and I'm pretty sure that wiped out a whole bunch of people. A lot of a lot of people watching the charts probably panic selling saying, "Oh boy, we're going lower.

01:18 I better sell." But then guess what? We bounced. We're back to 786. And today the US market's looking pretty darn green. So again, and yesterday's future market was very, very red. See, this is how some of these these Wall Street guys fake you out. Okay. [snorts] Uh last night too, besides Bitcoin dipping, dipping down, NASDAQ was like minus 5600 at one point.

01:51 Dow was like minus whatever. So probably got a lot of people very worried like, oh my god, today it's going to be horrible. It's going to be a a huge sell-off day. But look at we're starting out a day at plus 1,000 for DAO and plus almost 300 for NASDAQ. So things are looking good right now. Will it stay? Well, let's let's see what happens. But in case you were not paying attention, maybe you were playing front line or watching football.

02:24 No, yesterday was no football. Um, by the way, go Bears. They are actually doing really well this year and people are saying they're the best team in the NFL. Um, that was Monday. Um, but yeah, look at this Senate. Seven seats in the Senate flipped. It's like the biggest flip since like 2008 or something like that. You got Texas now. That's a blue state.

02:51 I mean, can you believe that? Texas being blue. And it wasn't even close. Like, it wasn't even It's not even close. Uh, you had Kansas and Iowa, Maine, South Carolina, North Carolina, all flipping. This is on a Senate side. Um, and then you got the House, which, you know, a lot flip, a lot didn't is just Yeah, it's just total total domination. Look at Look at the governors.

03:31 Texas, Nevada, Iowa, Georgia, Ohio, all flipped. It's kind of nuts. It's kind of kind of nuts. Just a total sweep. It was nothing nothing going for Republicans yesterday. And a lot of Republicans are saying this is a disaster. And who else are they going blame but Trump? There's really no one else. There's no one else to blame. But, you know, some of the things that I've been covering, like what's going on with this war, right?

04:05 Is it ever going to end? Why do we still have it ongoing? Uh what's this thing with Israel? Right? Yesterday, finally, Trump, I think he was trying to sway people saying, "We're not going to pay Israel $3 billion a year now." Like, why were we doing that in the first place anyways? and all the other stuff that's been ongoing, right? Like a lot of shenanigans, a lot of a lot of stuff that people have just ignored.

04:35 Well, they didn't ignore it yesterday. They kind of just went the other side. Uh so, we'll see what happens. It's going to make it very hard for Trump to push anything through Congress now, obviously. But you know what? Trump took the high road yesterday and congratulated the Democrats. He congratulated them and said, "Hey, you know, I look forward to working with you guys for the good of our country.

05:06 You guys deserve it. You've been, you know, working towards this for 11 years." Something like that to that to that extent. But he did say, he did say, "I know a lot of Democrats. I have total veto power and I'm sure we'll be working things out. I think they're going want to work with me. Otherwise, I just veto everything and they're not going to want that.

05:28 Well, that is true. So, the president still does have a lot of power, right? Uh but we we'll see stuff like with the war and and stuff like that. I wonder if Congress just go overrule him and just stop it. Um they were already going down that path. They just never had enough votes in the Senate, but now they do. They could easily stop the war and they could stop a lot of stuff if they wanted to.

05:57 So, it's early, but we'll see. We'll see what happens. But yeah, that's what happened yesterday. That's why uh markets are going up today kind of weirdly. Uh you would figure a lot of people anticipated that if the Democrats win, it's going to be horrible for markets. Everything's going to crash. Well, today is proving otherwise. But again, it's early and it's the first day, so we'll see.

06:24 Uh, Sailor chimed in early this morning. Florida elected a Republican governor who backs a Bitcoin reserve. Texas elected a Democratic senator who voted to create one for his state. The case for holding Bitcoin cross party line. Well, that's obvious. I mean, Bitcoin does not have a party, okay? Bitcoin is neutral. It's nonsvereign. In fact, it's not just about a party.

06:52 No country controls it. So, that's the beauty. Everyone can get behind Bitcoin. everyone that understands what Bitcoin is about, how it's created, how it works, the the the limited supply and and anyone that knows about money, about how the financial system works, how it's built on a house of cards, and it's going to collapse someday, right? Anyone that understands any of these things will be drawn to Bitcoin.

07:25 So, that is good. What else? Treasury euro fall today. I'm not sure why the dollar still sucks. All fiat currencies still suck. Deficit is still skyhigh. So, I'm not sure why. It's just maybe maybe people feel like, you know, war will be ended soon and inflation will go down and maybe no more rate hikes. I don't know. But it's it's a mess around the world.

07:53 It's not just the US. Euro zone hits 4%. I just covered how Australia is skyhigh. Europe, I mean Asia is the same thing. You know, inflation is everywhere right now. Skyhigh inflation. None of this is good. It's all due to what's going on around the world. all the wars that's going on, elevated oil prices, you know, and other factors like overprinting, over selling of bonds, all these things add up.

08:34 Was no good. No good. Well, one thing that's good, AMD AMD had a quarter report and they're actually jumping. not not dumping like all these other guys, which makes no sense. I think you're going to see a pretty good recovery on the tech sector um all around, [snorts] but uh it's good to see a major tech company have a good earnings and they're going up because of it, right?

08:59 And hopefully this carries the market today for the other semiconductors and uh and the tech industry overall. Good stuff. Good stuff. What else? What else is good? Well, yesterday's ETF outflow was not good. And overall, we had over a billion outflow from the last three days, but that can certainly flip. You know, today, if the market continues to rally, we could have a plus1 billion day today.

09:26 You know, some of these guys are just they're they're they're just acting like retail investors. You know, some what do they say? Um, the anticipation of fear is worse than No, wait. I don't know how that goes. Anticipation of Yeah, fear of anticipation of like Oh, man. And I I just butchered it, but my point is uh usually anticipation of something is worse than the event itself.

10:03 I forgot how that goes, but how the quote goes, but I feel like that's what happened. I feel like the last three days, people were anticipating there would be a huge stock market crash, huge crypto crash because of midterms. So they're trying to, you know, again, outsmart the market sort of. A lot of people probably dumped and sold because they were fearful, but they're going to come back, you know, after a day like today or maybe the rest of this week and we see a big rally, they're going to FOMO back.

10:41 This is why history time and time again history proves okay the best strategy for making money when it comes to investing is holding and ding. That's it. Don't try to be smart. Don't try to think that you're smarter than everyone else and you're going to outsmart the market by making some some really good trade. Most of the time you're gonna end up losing.

11:11 You're gonna lose money or you're gonna lose Bitcoin or you're gonna lose the underlying stock or whatever. That has been proven over and over and over again. Sometimes the best thing is just to do nothing. Just total or DCA when you can. Especially right now in Bitcoin and crypto, we know things are very oversold, very low is a good time to load up.

11:34 Uh what else? What else? Uh Jack Dorsey, I didn't even know this was going on. Block is going to pay three4ers of a billion dollars to Department justice. Okay. Due to anti-money laundering laws that I guess they violated. That's a huge amount. Huge amount. But this is what it takes. that investigation was was uh conducted like three years ago or 2021 uh 2023 I bet.

12:08 And that was under you know obviously the last regime. Okay. If if that never happened, this probably never happened. So this is with a prior SEC led by Gary Gendler. So now we're sold crypto. I doubt this is even going to be a thing. But you know what? Bad timing. [snorts] They got they got indicted, I guess, back in 2023. So, unfortunately, that's three quarters a billion dollars that Jack can't put into Bitcoin.

12:39 Block does have hold a lot of Bitcoin as well. Uh, what else? I guess there's more reports about how Binance was hacked through fake job interviews and then answers or something like was downloaded with malware and then they started using that that employee laptop and uh and that's how it spread supposedly. Supposedly, who knows? There's rumors that there were like romantic relationship with employees, you know, and there's a whole bunch of stuff, right?

13:15 [snorts] But I did see this one guy that's really not fond of CZ. Normally, all these exchanges, they play nice with each other because they all know each other. If you look at the head of all these exchanges, they're all friends. They all start exchanges all like around the same time. So, if you look at like the head of Binance and KCoin and OKX and BitGet and Mexi, all these guys know each other and they're all they're all like close.

13:43 I don't know if they're friends, but uh but the co-founder of OKX posted this and absolutely blasted CZ saying that he took no responsibility at all. He tried to downplay it. He tried to put the blame everywhere else and it went on and on and on and on. So, you could tell he is not a fan of CZ and Binance. OKX is absolutely huge exchange as well. They're probably the second or third biggest in the world.

14:14 Most people don't know about them because uh they're overseas. They haven't been operating the US for a long time, but they're coming back because of the new stance of the SEC and CFTC. But yeah, he was just blasting away. And he also blasted away at Binance last year because of the big liquidation event where Binance kind of claimed that it wasn't their fault.

14:38 They didn't cause it and OKX also or this guy also blasted them saying that they did it right. Same thing with Bybit. I mean, all these guys, they're all like they're all like friends with each other, but in this case, I guess CZ does have some enemies. Um, but as for more more news around the hackers, they move a lot of Salana via Thor Chain. They're trying to do what they can to cash out.

15:09 Okay, they're not going to get the full 6.3 billion. nowhere close to that. But whatever they do have, they're, you know, using uh mixers and they're using bridges and and loans and they're trying to cash out however they can. But it it's hard. You know, crypto is transparent and we got a lot of analytic firms and a lot of probably the US Department of Justice and everyone all the agencies are looking at it tracking all the transactions.

15:39 Uh, so it's very hard for these guys to to actually cash out. They're gonna try, but it's gonna be tough. It's gonna be tough. And then it seems like there was another hack, some French bank. Uh, they may have lost $133 million. And I don't know the details of this, but it does seem like this just happened. So, you're seeing hacks left and right. left and right.

16:12 Got to be careful. Got to be careful. All right. Uh outside of these things, uh as for Bitcoin, obviously, you know, we're still waiting to break out from 87. We dipped to where we are. Maybe we're going to see a big recovery this week, right? But the next stop is, of course, 87K. Once we break through that 100K is around the corner. So, you just got to wait.

16:39 Be patient. Normally after midterms or elections, this is what happens to everything. Like the last three three terms, I guess, Bitcoin and stocks had tremendous tremendous runs to the upside. Not right away, but over the next 12 months. So leading into 2027, it could be very, very, very, very good. History doesn't always repeat, but tends to rhyme.

17:17 So, we'll see. We will see. Outside of that, uh, CFTC approves stock perpetual futures. So, now you got everything. Leverage is dangerous game. You get addicted and most people lose. who wins the exchanges. They're gonna make fees no matter what. They make a lot of fees. Uh but now the US is all pro everything crypto. So, uh futures leverage trading is open for not only crypto but now tokenized stocks as well.

17:53 So if you have tokenized SpaceX, tokenized Nvidia, tokenized Tesla, right? You can do leverage on them. 3x, 5x, 10x, 50x if you wanted to, and I'm not sure if the exchanges actually have that yet, but it's coming. It's coming. All right. Uh NASDAQ is heating up now plus 500 and Dow's uh 1150. So things are looking good. Oo, big jump to 795. That is looking good.

18:38 Uh, probably will cross 80 and get back to our 81, 82 pretty soon, but that's only the beginning. We need to go back to 85 and then 87. We need to retest that. But, uh, things are looking good for crypto. Looking at stocks, not so much. You figure everything's up. But no, SpaceX is down. Uh Dell, I don't know why Dell is down like 6%. For no apparent reason.

19:04 Uh Microsoft, not Microsoft, Micro Strategy up about 4% or Strategy Coinbase up about 2% 3%. Not really a big rally day yet, but you got ETH up about 4% today and Soul up about 2% and Bitcoin up about 3%. All right, let's do some Q&A. I am Green Cyborg says CZ doesn't run Binance anymore supposedly. Okay, supposedly he's not the one in charge. I think that's BS.

20:14 I think he has a lot of a lot of power. He could do whatever he wants basically. Uh, no, not whatever he wants, but he has he has a lot of power. Okay, that that's for sure. No one doubts the fact that he's still one of the main players behind Binance. And if you don't think so, then you're foolish. That's like saying Charles has no power around Cardano.

20:38 Um, that's just not the case. We got a lot of people tuned in today. I guess now that we're going up again, people are coming back and FOMO and caring again. uh like always. But I bet a lot of people last night I bet a lot of people last night when they saw this happen, I bet they panic dumped. That's what happens when you try to outsmart the market.

21:19 You're like, "Oh my god, tomorrow's going to open up minus a,000 and you know, I better sell before it go back to the 60s." And then right when you hit that sell button, right around here, that's when you get a V-shaped recovery every single time. Every single time. I didn't check liquidations, but I bet. Yeah, it's a lot. 453 million. It's about even, but there's more on the long side, unfortunately.

21:53 But still a lot on the short side as well, especially for Bitcoin and ETH. Soul and hype more on the long side. A whole lot of people got wrecked once again from leverage. [snorts] John White says, "Folks, you better think about this. The Democrats have no love for crypto. That's not true. They have no love for certain crypto like Trumpcoin, like World Liberty Financial, right there.

22:42 There there's nothing fundamentally wrong with crypto that they hate. I think a lot of them, even on the red side, Republican side, they don't like the corruption. I mean, there's no doubt all of us in crypto love all the new the the new pro laws and regulations and frameworks, right? There's there's no doubt about it. But there's no doubt about it.

23:08 There's been a lot of corruption that we just kind of accept now, right? Like how could a president have a memecoin and make hundreds of millions of dollars from it? And same thing with World of Financial, make hundreds of millions of dollars from that. That that just makes no sense. We just kind of accept it because we want the good. But and the first lady launched a memecoin, too.

23:39 It's like it's just become the norm now, right? So it, you know, I think if anything, the Democrats, the blue side, they just want to stop the corruption. Not so much that they're against crypto, but there are probably ones that are, right? Like like Miss Pocahontas. She she's been very against um against a lot of stuff. She just doesn't understand, right?

24:05 Um so not everyone is pro, not everyone is con. I think most people are just if they're logical people, they're gonna understand that crypto is worldwide. It's not a US thing. Just like AI, if we don't lead, someone else is going to lead. And that's been like that for years under Gary Gunler. So we need to we need to [clears throat] keep the innovation here in the US and and and prosper and uh but do in a way so that there's less corruption I guess like [snorts] it was I mean uh yeah I mean I don't think anyone looked

24:54 at it carefully but Trump Trump released his uh his tax tax form for last year and it was like like he made like $400 million from Trumpcoin or something like that. Um it the numbers are staggering like how much he made from Trumpcoin. It's the same with AI. you know, all this all this talk about like anti-data centers, anti- like nuclear plants and stuff.

25:31 I think people need to realize that if we stop, others won't. China is not going to stop for sure. They have a lot more energy than us. The only thing holding them back right now is GPUs. They don't have enough and they don't have the good ones. Okay? But that's not gonna stop them forever. So I hope the politicians understand that we need to foster innovation.

26:02 We need to push ahead for the good of the country. You can't just be so biased towards like, well, we don't want any data centers here. Well, where are the data centers going to go then? They're all going to China and they're going to be used for AI and then once they get AGI, then it's all game over, right? I hope the politician is smart enough to realize that um same thing with power.

26:26 We don't have enough power. We don't build any nuclear power plants in the US. All the whatever wherever we get what you know power from coal coal plants or whatever they're just not enough. We need a lot more. A lot more. We have plenty of land. We need a lot more power plants. >> [snorts] >> Yeah, basically JD Vance after yesterday, JD Vance is is uh has no shot no shot at becoming next president.

27:38 There's just something about him. I don't know. There's something about him I just don't like or trust. He's too too good of being a politician. You know, there are some guys that are just like too slimy. They're so good that that they could twist the truth and twist their words and twist anything to make it sound like they're always correct, right?

28:07 and they're just too good at speaking. Like those kind of people like you just I can't trust those guys. And most politicians are like that. Otherwise, they wouldn't be a politician because they could talk their way out of a paper bag basically. Uh what else? I've been making a lot of strides on Clash World and Front Line. Front Line is going to come first.

28:32 I've been moving both to Unreal Engine. Front lines go stay like you could play on browser which is good and then you can download for using the Unreal Engine. Um Clash World I think it's going to be exclusive on as a download because you need that persistent world to stay up. You don't want to be in like your browser forever anyways. But man, Unreal Engine is just amazing.

28:58 Graphics gets upgraded by like tenfold. Not tfold, but like two or three fold. Things are looking like lifelike here. Here are some examples. All right. Working at it. I mean, those of you guys that play Front Line already, you kind of know what the maps look like, but this is what it looks like after getting upgraded. This is just one. This is one map that hasn't come out yet.

29:27 Here's another one that hasn't come out yet. Things just look so much better with Unreal Engine. Um, so much more realistic, lifelike. So, yeah. So, get get ready for this. Things are just going to look I mean that that just looks so good. This just looks so good. Looks like a real freaking town. Um, yeah. So, it's going to get a lot better, a lot better for Front Line and Clash World is going to look equally as good.

30:07 So, like before I said, you know, in visual parody, I don't think I could get to a GTA 6 level. Now, I take that back. I think Clash World will probably be at at par, maybe even better. Like, I don't think GTA 6 looks as good as this. Um, this looks better in GTA 6 and I don't think GTA 6 uses Unreal Engine because obviously that's from a competitor and they don't want to uh they don't want to uh pay them anything.

30:33 But this this is looking damn good. Uh this is this is looking damn good. So, so yeah, um things are going to improve on the two games vastly visual parody to like even Modern Warfare and uh Battlefield 6 is going to be a very close. I I don't I don't think people are going to notice much difference. I mean, in Battlefield, the maps are bigger and they spend a lot more time to put like rubble or like cars and signs and stuff like that.

31:10 So, that will take some time, but the the the base level is looking almost the same. So, yeah. So, that's what I've been working on and I'm still working on it. In case you haven't tried Front Line yet, you guys should. And Clash will come out soon. And all this was launched on Clashpad. Everything is a description of the video. Looks like we're still trying to go higher, which is good.

31:45 Let's see if we can break that 80K again. GTA 6 doesn't look that good. Fat clout. It's still very cartoonish. Like, you know, most people when they take screenshots now or videos, what they do is they turn on DSLL 5, which kind of fakes it because most people can't use that. you have to use the high-end Nvidia cards which are thousands to, you know, like three to $5,000 on a video card.

32:29 99.999% of the the population do not have that in their computer. So, the the the videos and screenshots where it looks like it's photorealistic is using DSLL and most people are not going to see that. If you see what the base game looks like, just like Modern Warfare, Modern Warfare 4 just came out. If you look at base game and you look at GTA 6 as the base game, it's not photorealistic.

32:58 It's just it's good, but it's not photo realistic. So, I think most people just don't understand that. But it's it's okay because I'm going to turn on I'm going to have that feature in Frontline Clash World, too. So, I'm gonna enable DSO five and then the screenshots and video play will look photo realalistic. Man, we're we're pumping. We're pumping right now.

33:24 Looks like we're going to break 80K. Yep, there we go. Man, we're going up like crazy. Like crazy right now. Um, yeah, NASDAQ is up. So, anyone that panic sold yesterday or the days before thinking that this could be bad, well, they're regretting it now. >> [snorts] >> If we get back to uh 87 by the end this week, that'd be awesome. But I don't know.

34:20 I got to get back to 82 first and then we have a shot. I still can't believe like uh Texas flip uh blue. I don't know. I never been like a big one-sided guy over the other side. I I'm on a side of logic, okay? Of critical thinking, like what makes sense, what doesn't make sense. That's that's how I've always looked at it. A lot of these policies that one side have or another side have doesn't even make sense and and they shouldn't even be a a party thing, right?

35:49 But I I feel like more and more people are like that. Doesn't matter if you're blue or red. It's it's just a matter of does it make common sense, right? Does it does it does it benefit everyone rather than just a small group of people? Um hoping that's you know hoping that changes. I don't know with modern thinking younger people maybe that will be the thing.

36:19 Yeah. I think you still have too many like people that are like just way too old. They serve way too many terms and then there they still have their old thinking. You need some young blood basically, right? To replace the old blood. And uh maybe that that's going to change. I don't know. Or maybe it's just always like this and it never changes. I've never been big into politics.

36:44 I just care about I just care about making money. That what it comes down to is just making money, maximizing earning potential. It's all about Jesus. Yeah, I feel like uh Z847 each part is guilty of that. They're both cults. Yeah, I mean I I feel that way with everything. I've always been very very very against because I can't stand like the cultlike culture for anything.

37:43 Like back in the day, I couldn't stand iPhone users. [snorts] Okay. And to some extent it's still like that. Like Apple guys, they're like diehard Apple guys because when Steve Jobs around like he could do no no wrong, right? I can understand like Apple has built out an ecosystem and it's very convenient. I I get that. But there are some people that are like so anti anything else other than Apple just for the sake of because of that cultism.

38:15 Couldn't stand that. And I can't stand people that are like that with Elon too. As brilliant as he is, he says a lot of dumb things. He does stupid things, too. He's human. But there are some people that are so cultlike. For Elon, I have a best friend that I actually lost. Like, I'm no longer talking to him because of that. Because he was so into Elon and Trump, he couldn't see anything past like anything bad that he did.

38:46 Like, I couldn't talk to him. like I actually lost a friend because of that. Um I can't stand people like that. I mean you could make the argument that I'm the same way with Bitcoin, but no, I could see the other side. Like if someone says something bad or whatever about Bitcoin or crypto, I could accept that if they have a good rationale for how they're thinking, I can accept that.

39:12 But like I can't stand it when people can't think and they only see one way. they can't use logic to see any other way. Like I can't stand that. I've always hated it. And there's just too much of that. And it seems like in politics that's how it is. Um but I I I do feel like there are more forward thinkers now than before. Um so hopefully that changes more.

39:57 Still looking good. $80,6 up about 5%. Sueie up about six and a half%. ETH is up almost as much. Soul up about 4 and a half%. Still rising. Looking good. might be a stupid question. Are you using a gentic AI to help create clash? It's not a genic just AI models. Yeah, I'm using a lot of models, all the frontier ones like Opus and GBT. So that's why I'm waiting for new models.

41:04 I'm very excited about new frontier models. I'm no longer excited about normal cheap models. Obviously, I want them to be cheaper, but [snorts] like with all the 3D stuff, the modeling and everything that I'm doing with Frontline and more specifically Clash World, I can't use lower models. They they just don't get it. Lower models could be used for general coding and Q&A research, all that stuff.

41:29 But if you tell them to do any kind of heavy 3D rendering or modeling or world building stuff like that, anything visual graphic wise, they suck at it. Only the top Frontier models are really good at it. So, so I'm waiting for Opus 56, GPT 6.2 Astra, Gemini 4 Carbon. These are like the new frontier models that will be waiting to be released. I'm hoping maybe one comes out today.

42:03 uh because they they kind of push advancement forward while everyone else just uses normal models. [clears throat] Someone launched MAGA. Not sure there's a good time for that, but yeah, I encourage everyone to launch their own coin on Clashpad. We got legit ones, okay? Like Clash World and Front Line and everything on Clashpad is different rewards holding because there's a transfer fee.

42:59 So any kind of any kind of movement there'll be a fee and then that gets distributed to the holders. So a lot of people are still holding which is great. I encourage people to look at what we have and launch their own and half of the fees from Clashpad uh goes towards buying Clash. So there's a big flywheel effect there too. And we have beefed up our treasury tremendously and have bought a lot of clash.

43:35 So overall it's working. We just need more volume. Just need more more people to get involved. I mean when when the market naturally heats up there will be more volume again. I mean like just a little bit of iffiness like seems like everyone goes away and then like just a little bit of enthusiasm everyone comes back and FOMO's in right we're at 6.5 million in should be a lot higher.

44:20 We We should be holding at 10, but again, we have these stupid whales that got too fearful and they just dumped it. There's specifically there was one this is this is this is where like supply control is really important. I mean I launched Clash as fair as possible. It was launched on pumpf fun. was at 300k market cap for the longest time and some people did buy but we had this one whale I don't know for whatever reason he put in a few hundred and he bought like 3% of the supply and then ever since we had a Vegas party

44:56 and ever since then he's just been selling off and I've been talking to him like hey what's going on you know why are you doing it he's like oh I have financial problems and then later on he didn't he was just selling selling selling and recently he basically sold off everything and when he sells he's he dumps it like it wasn't even small amounts too but anyways f him and he's basically out so he's no long he's he's been that one guy has been the biggest contributor to the downfall and he's finally out but that's the

45:28 problem you know when you when you launch a fair launch anyone could do that anyone could pick up a lot and uh it is what it is but overall flywheel effect from the from the platform form have bought close to 6 million of Clash. That's about 477 sold and continues to accumulate more and more and more. So this is why I'm not worried about Clash because success of Clash Pad and the projects on top of it is will carry Clash forward.

46:02 And I'm still thinking about other ways of doing it. Obviously with Front Line and Clash World, if they do very well, it's also help this whole thing because it's part of the fees that we collect from the buying and selling and transferring and stuff. So, it's all there and we already paid out almost 1,700 sold to holders just by holding, which is fantastic.

46:30 I don't think a lot of launchpads or projects do that. So, yep. Oh, man. We're we're above 81. Today is shaping to be a great great day. Everything is still early right now. Strategy up 7% today, but still very low compared to even uh you know from a few months ago at 171. So it's plenty of plenty of room. still to accumulate. Yeah, we need we need to get back up here.

47:44 85. All right, guys. I'll let you go overall day after midterms. Looking good. Looking very very very good. NASDAQ plus 640 now. Dow, 1100. People are FOMOing back. I think too many people were figuring that it's going to be a very bad selloff day. Blue all around in the US. Even some of the reddest states have turned blue. Okay. But when it comes to crypto investing, you know what?

48:35 It's really about critical thinking and logic, right? It's not about parties, not about red or blue or which side. It's about having the right people in the right positions, making the right calls that benefit the most, right? So hopefully that's the case and we'll see. We'll see. But Wall Street certainly likes what they see today and we'll see what the remaining of the week holds for us.

49:09 All right, have a good one, guys. Smash it a like, subscribe to the channel, go check out Front Line, Clashpad, and even Ask Clash. It's the go-to site for all things crypto. I don't think people realize it. All this stuff that I'm showing is all pretty much all for free on askclash.ai. Check it out. All right, have a good one.