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Daily Crypto IQ! The Smart Contract Risk Nobody Sees!👀 Daily Crypto IQ!

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Smart contracts are one of the most powerful ideas in crypto. They let code hold assets, enforce rules, automate transactions, and run DeFi protocols without a traditional middleman. But here is the problem: Code can still break. Tonight on Daily Crypto IQ, we continue our series: Crypto’s Trust Problem Monday we asked: Who can you trust in crypto? Tuesday we broke down: Not your keys, not your coins. Tonight we go deeper into smart contract risk. The big idea: Crypto does not only ask you to trust people. Sometimes it asks you to trust code. And code is still written, upgraded, connected, and maintained by humans. Daily Crypto IQ — live crypto education from Underground Crypto. Live tonight #DailyCryptoIQ #CryptoEducation #DeFiSecurity #SmartContracts #Web3 DISCORD https://discord.gg/kkj88m7cYv My Email [email protected] Trading View https://www.tradingview.com/undergroundcrypto?aff_id=166436 My MemeX Proflie https://app.memex.xyz/profile/834952 Sweatcoin swcapp.com/i/undergroundcrypto Sunflower land https://sunflower-land.com/play/?ref=UndergroundC Palau digital residency ID link https://rns.id/?rc_by=ZQ5u8930 Grass- https://app.grass.io/register/?referr... Bitmart -https://www.bitmart.com/invite/7Q757g Coinbase https://coinbase.onelink.me/2ysS/v0yg... stake.com stake.us/?c=Y25vgtJ2 ChainGPT https://app.chaingpt.org?referralcode= Ledger https://shop.ledger.com/?r=8f4b8ddc4a6a Weex https://weex.com/register?vipCode=5gghe Chainers https://quest.chainers.io/loyalty?referral_code=BMMFUH1F zee-verse https://zee-verse.com/sign?referral_code=MCXBI8PQG6

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Why are you moving away? [music] [music] Heat. [music] Heat. >> [music] >> Oh yeah. [music] [music] Oh yeah. >> [music] [music] >> Why are you always [music] >> [music] [music] >> I think that we're just holding on to something. Girl, go down. [music] I think that we just holding on to something. I think that we're just holding on to something. Just tell me what's over. I think that we just holding on to something. I think that we're just holding on to something. Tell me what's [music] >> [music] [music] >> What's up everybody? Welcome to the Underground Crypto Deep Dive Show. Welcome in [music] my Underground Crypto family. How's everybody doing tonight? Let's check out this chat. Of course, let me make it so you can see what I see here. Look at that. Get myself. Wow. There we are.

It's almost like I've done this a couple of times before. How's everybody doing? Throw something in the chat. Let me know how you are tonight as the world turns and the crypto markets maybe tumble down a little bit. Is it the end of crypto? Is it a beautiful opportunity to buy at lower prices? You tell me. That's how I'm feeling about it. I'll give that away. Struggar in the building. Melissa just being the best mod she can possibly be. Thank you for being here. Why do I feel like there's something up with my camera there? All right, I think I fixed it. Let's see what's going on in the chat here. Cryptic Quinton in the house. Cam rolling in. Welcome in. Welcome in everybody. All right, so here is kind of where we left off. Let me zoom us

in a little bit here. It's a 4 hour. I've been sticking to those higher time frames. We were talking about this. Shoulder, head. Wow, I really did a terrible job there. Let's try that again. Shoulder, head, shoulder. And I think we were right about here when I last talked about it. And I was like, look at this measured move. You know, I'm not making it up because I already have the measure mood measured move from yesterday. You could look at yesterday's stream if you really cared and you got let's see from that neckline so far. I guess you can't really do it that way, can you? [music] Interesting. Trying to pull a percentage there. I forget how I always do that. Anyways, you see the shoulder head and shoulder. Here's the measured move. Says that we could easily go

down to about 57600, but we got to break this previous low here, which you did pretty much just bounce off on the 4 hour. So, let's go take a look at the 1 hour, right? Very B-shaped recovery. Are we going to get like a an Adam and Eve or are we getting like a shoulder head shoulder kind of thing? Not drawn the best, but you certainly get the idea here. And we're giving it a minute for everybody to roll in. Tired from work, but I'm here. Welcome everyone. Hey, you showed up and that means the world to me. Thank you very much for everything that you do. And [music] uh I feel you. I'm a different type of tired. Krypto Quinton says, "Tired of winning, boss." Hey, that happens sometimes. Sometimes you just win so much it's overwhelming. I

tried to squeeze in the gym right before the stream and I tell you it was a little tight, but we got to hit them goals, right? And as always, welcome back to Underground Crypto Deep Dive Show. I think now most people are here. The daily live stream where we go deeper into topics that actually raise your crypto IQ. I certainly believe this week our series about Chris uh crypto's trust problem. See if I could talk a little better than I could yesterday. And uh trust problem in a lot of different ways. A lot of different angles we could come at that. See Monday we talked about the big question. Who can who can you trust in crypto, right? I think that's a a big question to answer. Tuesday we talked about custody and whether or not your keys still

matter, right? Not your keys, not your crypto. Most people know that. Cam says it's a holiday today. St. Jean Baptiste. Uh, no work for me. No idea about that holiday. I don't know what any of that's about, but good for you that you were off. I don't know if you celebrate that holiday. Holidays all over the world us Americans have no idea about. And tonight we're moving on to another major trust layer in crypto, smart contracts. Right? How many times has smart contracts been the problem? Crypto often says we can replace trust with code or trust the code, I think, is another way that you hear it popularly said. And of course, that being powerful, smart contracts can [music] hold funds, enforce rules, automate trade, manage lending markets, run DeFi protocols, and remove certain middlemen. And it kind of

really brings trust into a space where it would be very hard to just trust people off of their word. But there's a problem. Code can be wrong. Code can have bugs. Look at the auditing issues when now that AI is able to really dig into code and look for flaws. Zcash comes to mind, right? Code can depend on outside data. Can can be upgradable for sure. Code can have admin controls that can be an issue. And sometimes users see the word audited and assume that that means it's safe. How many times you been on a website, it says so and so audited it, but you don't know who that company is. You don't know how thorough they are. You don't know if there's some behind-the-scenes trades where they could just pay some money and get approval approving, you know,

score approved score and it not be legitimate, just like paid for science, right? What are you really trusting when you trust a smart contract? And of course, the quote of the day could only be code is only as trustworthy as the assumption that you have behind it. And if you look closely here, bouncing back to this chart on the 4 hour. Let's get rid of this head and shoulder. Yeah, back to the one hour. What is going on? I have my drawing tool on. Let's get this Get rid of this kind of shoulder, head and shoulder there. And it kind of looks a lot better on the 4 hour here as far as this continuation pattern goes, but I'm definitely seeing this retrospectively because I'm not trading anything right now. I'm just [music] trying to buy spot bags at

better and better and better prices. It seems like now is the time to do that in my opinion. And that really looked like a continuation pattern. And really that could have been a little bit more top to bottom there. you would have got all the way in that range from where it fell out and you didn't quite get it but I mean you get the point you got a lot of it and it fell fast and hard what people love to short just for said nice you played hookie today yep went to the pool was a nice day good for you man everybody needs a little bit of a break sometimes so you can see this bit of a continuation pattern but on the 4 hour you know you did have this is where it's real troublesome when you

see the stochastic RSI here. If I can make it big so everybody can see it. This whole it turned right here and acted like it was going to, you know, go up, but it didn't. And that whole time that it turned and went up, you didn't get much of a move, right? You got this flat price action that signals more downside in my opinion there. And of course, let's take a look at Lab. Blab's been trending pretty hard here. Just something I already have up, so it's convenient. Got this nice roundedness here, right? We can get a big cup and handle. Very interesting for lab. Just bouncing through some things that we already have up here. Mega, I've been I'm going to try to buy this thing as close to the absolute bottom as possible, and that's a timing

issue. So hopefully I don't mess that up. Anyways, you can see it's in this range. Pull our measured move. Shrink it down so you can kind of see it. Could say it's like a cup with a very big handle. Knock we were talking about still very much in the pattern. Expecting knock to get a run up to about 8 cents. Oh Zo in the house. 7zo in the house. Welcome in. Welcome in. Love to see familiar names in the chat. How's everybody doing? We're just kicking off the stream looking at a few charts, looking at BTC on [music] the 4 hour. And again for everybody, I'm liking [music] starting off the stream this way. And then we go to our crypto bubbles next. And I really love this segment, the what you may not know segment. Right? You may

not know this, but smart contract audits do not guarantee that the contract is safe. Mind blown. I know it's a revelation for us all. Ethereum's own developer documentation warns that audits should be treated as a silver bullet kind of thing because audits will not catch every bug. Of course, they are an additional review step mean, you know, means to help you find issues with uh bugs and things that developers miss. What I was kind of skipping on three thoughts at once. What I was thinking is [music] now that AI can do a lot of these audits, maybe we could have a lot more hope in the [music] audit. Maybe not 100% confidence. I don't know if I could ever be 100% confident on anything that anybody tells me that I wasn't a part of. Right? And that matters because

many users see audit and they mentally translate this to safe. But better translation is someone reviewed the code and that may have reduced some risks. more like somebody reviewed the code and there wasn't like this big glaring obvious problem, right? Wow. Meme core took a hit today. Hate to see that, but I don't know. They got they have uh let me make it so you can see what I'm looking at. They have actual products. So, you tell me. Are they done? Are they cooked? I don't even know why they dropped like that. So, meme core down 80% to 56 cents. What happened? It's very disappointing actually. Was it bound to happen all along? You know, was this was this bound to happen all along? Will it bounce back 100% tomorrow on the year? still up 900% just for reference

here. See a lot of red, you get a little freaked out, but on the year this thing's up like 900%. Meaning people who've been holding this for a long time, even with this dip, they're still up 900%. They still got their 9x on their money. A big whale took their profit because they see a lower low, right? They're going to contribute to getting that lower low. Who knows? Or was there an exploit or some kind of news I don't know about? I definitely would like to see. We'll have to look into that. >> Beat down 26%. Not going to make the joke about it being beat down 26% even though I kind of still did. Pump. Fun down 11.2%. Good riddens. Not a [music] big fan of the the launchpads. Although I'm all for people doing as long as

they're not doing anything illegal. I'm all for them doing whatever they want to do. Right. Freedom. Lab up 17%. Lab still killing it. Went up to $20. Actually $21. $20.95. If [music] we could round up a little bit there, but right now it's only at $1646. Meaning although it's up 17 on the day percent, it was up a lot more earlier. And then a is up 10% which is good because a had all of those issues. Let's go throw a on on the yearly actually. Uh let's do it [music] on the month. You'll see this this whole exploit thing. I believe this is here. I don't believe it was farther back than [music] a month. I think it was within a month. How the time flies in crypto. Anybody else? Toggle our one through 10,00 here. See one through

10,000 separated by hundreds. If you [music] are new, biggest loser category of the day. Actually, there's two that's tied. 7 to 800 down 3.3%. 300 to 400 down 3.3% and 2 to 300 actually down 3.2%. [music] Very very very close 3.1%. So, a very red day and usually it is made up of some really big loser. I'm not going to lie, at like 50 cents or whatever, I I'd buy some more meme core unless there's some kind of news and big exploit or something like that where it could go a lot lower. Um, unless that happened, I'd probably go ahead and buy some because I use Memex on a regular basis. I mean, meme core is more than mex, okay? But I like memex. It's like a web 3 um you know Twitter and I do get a lot

more engagement on it than I get on Twitter. I mean it makes some sense, right? Because why is this here? It's very weird. I didn't put this exclamation point there. Anyways, as you can see, just a normal post, you know, I get 337. Yesterday was about that 500. I'm getting a lot more engagement just without even having to do a lot. And then the people who I talk to are actually crypto people, which is really nice. Plenty of people out here trying to shill something, right? And a lot of people from a lot of other places like Japan and China and stuff like that. But overall, I like the product. Just a sneak peek. I I swear I'm not going to spend a lot of time on this. They do have some staking. You have to have at least

$100 worth to stake. Obviously, I bought $100 worth at one point. I was doing pretty good on it. I had doubled it and tripled it and quadrupled it, I think, even at one point. But now, right now, I'm probably down 50% on it. But anyways, they have a real product. This is not all memecore is, but this is within their ecosystem, and it's hard for me to believe that that won't matter at some point as a comeback. You should multiream on X2. Cryptoquint. I have looked into that. Um, we it will happen for sure, but it's not as simple as you think it is, right? it in order to multiream onto multiple platforms. Uh you have to go through something. So it's like it just adds another step. Plus you got to pay for it. If you want to

stream to more than three platforms, then you got to pay money. Um a lot of them start at like $50 a month. And if you don't do that, they leave the watermark in there. You can only stream to like two platforms at a time and YouTube counts. So really for free, you can only stream to one other platform, which I guess would be X. So it it's going to happen at one point. a lot of things that I'm working on. Never enough time in the day. Let's drop down another hundred here, but thanks for saying that. Uh, KryptoQinton always has really great intentions. I also want to point out that Kryptoquinton came up with the doom scroll segment, which I really like. What really messes up that Twitter doom scroll is just how many um, you know, crappy people

post fake stuff. So, you just like put in a hashtag that's related to crypto, whether it's DeFi or crypto or whatever. and then we could just scan through it and take a look at what's going on. We'll come back to it, but unfortunately a lot of times it's just like a bunch of uh shillers and scammers and crap. All right, Guay up 12.5%. Of course, the green catches my eye. This 01 exchange, we talked about it. 01 point exchange, whatever. Hey, look, it's Ned. Says Wick Rider Ned, what's up? Welcome in. Welcome in. Always appreciate you being here. Haven't seen you in a while. There is never enough time in the day. Amen to that. I need three of me. And that is why we're going to have to uh embrace AI and AI bots and stuff because I

don't know how else I'm going to be able to have six of me running all the time. Hey, why stop at six? I'll have a whole swarm of me and I'll have like a hundred of me. Anyways, what's down in this region? Looks like Sky AI billions. actually looks like it's actually spread out pretty evenly the red here across this, you know, 100 to 200 category by market cap. Grass up 5.6%. BTW up 5.2%. Grass had some kind of they're rolling out a custodial wallet in their app in their mobile app. I did catch that. Probably why it got a little pump, but probably only matters to the community. Who cares about it, right? Humanity down another 50%. I think it's fair to say that humanity's cooked and may never really come back or they're going to figure it

out and get it together and you're going to have the most amazing time to buy ever. It's hard to say. SLX or Solstice. I think for humanity would be better if it was like a much stronger project before it had a problem, but I don't know a ton about it. Maybe that's worth a deep dive, right? 32 cents here for Solstice. hasn't been around a whole terrible amount of time. Doesn't even have a yearly number here. I remember when it kind of token generated. Then we have basic add astation service. If you don't know what addestation means, well, you need to raise that crypto IQ and you [music] are in the right place. Feel like I'm taking a little too long on that. Look at this Melissa Syn. We were looking at this chart. It is up. It is

up. And then I think I'll go down one more because it was the biggest loser of the day. 300 to 400. Sahara AI, Manta, Manta, and CEO. They're all up, but everything else kind of down a nice 15 to 20% here. Is this that Arkham? Yeah, it just rolled out its token. It's down. It's not a good environment to be rolling out tokens and stuff like that. Let's do our price rundown. Ned says, "Solana didn't make it a new low like Biddy and the others. Makes me think likely shorten Salana. Not financial advice." That's a good point. Just kind of like when things are pumping and we start turning around, you look at projects that haven't really caught a pump yet. Well, a lot of them, if they're decent projects, are probably going to catch a pump, right? I

saw today it surged. S Y N says Melissa. Well, hopefully you owned a little bit of it. I'm sure [music] you probably did. All right. So, Bitcoin 60,722. Yeah, we fell a good bit today. 3.5% last 7 days, 5.7%. [music] Ethereum got dragged down as well. It's hanging on just above 1,600. 1 1616 to be specific. B&B $563 down 6% in the last 7 days. XRP to A$107. All the haters are rejoicing over XRP. They swear it's going back to, I don't know, a penny. They all have something crazy to say about it. It hasn't performed beautifully. It's down 10% in the last 7 days. Salana $67.68, down 5.9% [music] in the last seven days. Hyperlid $63. Dogecoin losing that 8 cents, hanging out at 7 and a half. It's down 11.4% in the last seven days. Zcash $412.

Everything on sale. Black Friday sale for crypto, everybody. What can I say? What can I say? Zcash $412 down 14.5% in the last 7 days. Uh [music] I feel like the new people get really highly discouraged. They get scared for their bags. They panic sell. And the OGs who've been around in the space [music] for a long time are like, I've got a little cash on the side. I was waiting for a day like today. And even then, they just take a nibble because they probably think we're going to go lower cuz it make a lot of sense that we bottom around October to December, right? Somewhere in that region. XLM down 20%. Even with a little bit of positive news in the last couple weeks. Canton network 15, Monero $310, Chainlink $7.39, Cardono 14.5, Lab, one of the

few things in the top, I don't know, 50 really crushing it. Lab 24.9% to the upside. Graham, we used to call it Toncoin, it's a $158. H bar 7.5. Avalanche $6.40. Sweet. losing that 70 cent region. I love that. I would love to buy some more SUI. Um, we learned a lot about SUI and how it's movement based and it's more focused on objects. If that makes sense to you, if you understand how that works. 67 cents here. I [music] like it. I wouldn't be surprised if within the next few days we get like a bounce. We may still wind up going lower, but a bounce nonetheless as people deploy capital in the things that they've [music] been sitting on the sideline. And if they're smart, they're going to take a nibble. I don't know if it's smart to

go all in right now on projects that you wanted to buy. [music] Never financial advice here. I'm just talking from my own experience, but we probably are going to go lower. So, what is trending out there in the land of Coin Gecko? Bitcoin, of course. Remember, trending doesn't always mean positive. Memecore, it's trending. And it it took a dive. I mean, Memecore was like number 24 or 28 [music] by market cap somewhere in there. Now, it's 73. like it took a hit. Its market cap is now under a billion dollars. Somebody pulled out on that thing. Somebody was a whale and they were like, I'm done with this. So, we got lighter or they're just playing whale games, which is really common, too. Matter of fact, somebody might really believe in this coin and so they were up. Him

and his buddies sold out of it and they're going to buy back in. They got everybody freaked out. People are going to panic sell for next couple of days. I mean, this is how a lot of these big players in Wales play. lighter. Solstice. Solstice might be one you might not be as familiar with. Actually, Solstice is up 114% in the last 7 days. That is worth noting. Zano. Zano never really did anything exciting. I It'd be kind of hard to get me back into believing that Zano is going to be anything amazing, but I've seen so many coins that were nothing come back. I mean, I remember Salana at like 20 bucks, right? And we thought Salana was dead because it was so closely tied to FTX. It was kind of Sam Bankman's freed, you know, his chain

really. He was like the face of it with FTX and all that. And then when that all crashed, I mean, that thing went to 20 bucks. And then look how it bounced back. Could have been a great play. Rain prediction markets. It prediction markets not my favorite thing, but you know, the narrative does well. People are going to gamble. They're freeing it up and making it easier to do than even some other gambling. I mean, if you can make a prediction and lose all your money on if it's going to rain tomorrow, then I also feel like you should be able to play whatever slot you want online without some stupid regulation. I don't know. Pick one. Pick one side or the other. A Pudgy Penguin is probably the strongest NFT [music] in the game, but that doesn't really

mean much because NFTTS are not really doing well overall. But Pudgy Penguin is one that when we get down to uh that October, no, you know, to December area, I might have to scoop a little bit of that. Pumpf fun, hyperlid, salana, sweet, siren, Nessa, which I'm not familiar with, and ICP, which I hold a tiny bit of ICP, just thinking out loud here. What is this? It's not a rebrand. According to Go Plus, this is a proxy contract. The contract owner can make code changes to the token contract, including but not limited to disabling, selling, changing fees, minting, transferring tokens, etc. Exercise caution. I don't know anything about this thing other than it looks like it just came out today because it did. The token generated, not the first time the team ever made a post on Twitter,

but the actual token going live, right? A token generation event. 36.6 6 million in market cap. I'm probably not paying as good a job to this uh chat as I probably should be doing. Yep. Melissa says she does own some SYN. Well done. Well done. And this Nest has an infinite max supply. It's AAI uh smart contract platform layer one. I'd be weary just between this, you know, ability to do whatever they want to it an infinite [music] max supply. So there's not any real scarcity and probably all these projects are like this. There's like very little knowledge about when coins actually get minted and what environments and how many and so that can really hurt you over the long run. Is there anything else worth looking at? Let's take a look at Solstice. 75.9 million in market cap.

Before we look at anything else, what the heck is it? It is DeFi, yield farming, Binance Alpha Spotlight and Governance. Look out for a series. I don't know if it's going to be next week cuz I really want to run this series like XRP, XLM, what is real, what is not real. We've had a lot of time. This is more of like an updated thing, right? Because we've all heard so much stuff on the internet about it. What can we verify without a shadow of a doubt? And what is completely speculation, right? I think we might do that next week. It also draws a good crowd. I'm not going to lie when you just put XRP in the thumbnail in the title and crypto's really down. We could use it. So contracts here, Salana MBNB smart contract with a

name like Solstice. It's got to be on Salana, right? Let's go take a look. It is Solstice. Finance and it's in yield. So that kind of tells you a whole lot right here. Let's launch the DAP. Now they are touting that they've been around over three years and stuff like that. So they're trying to say, "Hey, we're we're battle tested. We're battle tested. You can trust us." So we have this oneclick easy yield stuff like 3.5 3.7 AP wise. But this deep defy, which probably means higher risk, probably just means higher risk to be honest with you, says you can get 20% APY. Of course, in my opinion, the higher the percentage, the higher the risk. because you got to do something that's a little bit more speculative and a little more risky to bring in more money generally,

right? TVL. And again, I was saying keep a look out for a series where we're going to do about yield and like where does it come from? You see all these yield products, but like what are they doing? Like they're obviously taking all the money and they have a plan or some kind of I don't know smart contract they're going to put this money in and they're going to put that money to work, right? I feel like they're obviously hoping for stuff like 50 60 70% on the money. That might be a little bit more than what's real. Maybe they're really only hoping for 30 or 40% on the money and then they break you off, you know, somewhere between like 10 and 15 really good yield. Most of them are like 7, eight or nine% at best. So

they're the point is they're making a bunch of money and then they're going to give you a little piece of it because you let them borrow their money just like a bank would do, right? Even though the bank they give you 01 unless you have a high yield and those [music] they're not even amazing. Let's be honest with you. Anyways, here it is. These are their products. This is all you really need to know about Solstice. They have a two product, right? An easy, probably more safe, simple product, oneclick yield. Solstice delta neutral sounds very safe. And then you have your risky Solstice partner ecosystem deep where you can make 20% or it could all go wrong. I have no idea. But what I do like, if it's true, their TVL 505 million is up 40%. I don't know

if that's since the project launched or in a year that I don't really know. It's not worth spending the time on. And of course, last but not least, survey says max chart token generation event something like May 25th, 2026. Like I told you, I remember when it came out, hasn't been around all that long. Let's take a look at that fear and greed index. Camsta says, "Uh, what's up, boys? Did you fire up the shorts today or [music] what?" Hey, Cam. Ned was just talking about Salana hasn't made an all-time low yet. He says, he says, "Not financial advice, but uh you might you might want to think about shorting Salana." Now, I'm not saying that because [music] I haven't looked at the charts or any of that jazz. Fear and greed index has been dropping, right? [music] Steadily

dropping. A month ago, 34, 7 days ago, 15. We did range like up here at like 23 and 24 and stuff like that for a hot minute. You can see that in your bar graph down here, right? And right now we're at 12. Yesterday we were at 17. So confidence is dropping. And I don't know when we start seeing like 8 and five. Last time we saw eight and five, it wasn't long before that was a great buy. So keep that in mind. Again, I'm still, you know, taking little nibbles as I look for the bottom of the market. That's that's where I'm at with that. Let's go take a look at the coins over on Crypto Rank because it always gives us some good ones. Make it the top 20 and not the top 10. At the top

of our list, we have NASA. But hold up. You know what this channel's all about. This channel is all about raising that crypto IQ. And if you thought we were going to let that slip, nope, not today. So, as we always start about, as we introduced with a story to open up the topic of the night, I like to start with the problem because if you don't understand what the problem is, [music] well, then what's the point of of knowing what a solution is? Going all in on soul short because Eugi said so. Nice. You tell you tell the regulators it was all my fault or whoever. And he says, just kidding. But, uh, it's a good one. So, of course, like I'm saying here, we got to know what the problem is. And we're talking about smart contracts.

We are raising your crypto IQ. And I am pushing you guys a little bit. Hey, love it or hate me, I'm going to try to push you a little bit. I guess you could always just tune out. Not literally, though. Don't go anywhere. Just just mentally tune out, right? Um, [music] and I guess you could not learn anything, but that's on you. I'm doing my part of the deal. It'd be cool if you did yours. I don't know if we made a deal. I don't know if that sounds good. Eugi confirms soul going to 20 bucks tonight. Hey, put that in the thumbnail. They'll all come running in. This is financial advice is what it should say in [music] the thumbnail. Okay. The problem. One of crypto's most powerful ideas is that code can enforce rule. They say don't

trust, verify, and then they say code is law. That's what they were murmuring about when Ethereum had its big exploit, you know, and then you had Ethereum split and Ethereum Classic. One person said, "No, no, no. Let's roll it back. We messed up and it's our fault, but we don't want to take responsibility for that. That'll hurt too much." And Ethereum Classic said, "No, no, no. Code is law. That's how this works. And we're going to take the punch." And look, look who won. It's see we hear the story and you think of like a movie script or something and you think ah you know Ethereum Classic should have won cuz [music] they honored the ethos of crypto. They did not. They did not win. Everybody went with Ethereum as if that was the actual coin and Ethereum Classic

mostly got lo lost in the dust except for a handful of people who maybe understood what happened. I digress. [music] Instead of trusting a banker, broker, app company, or middleman, users can interact with smart contracts. The contract holds the logic. The blockchain records the activity, and the rules execute automatically, and that is powerful. But it also creates a new kind of trust problem. Hence, wink wink, what we're going to be talking about tonight. Because now the question becomes, can you trust the code? Uh-oh. Every time we fix something, another thing seems to break. But don't worry, Underground Crypto going to walk you through it. And that sounds simple until you realize how much is hiding underneath the question. Was the code written correctly? Was it tested? Was it audited? And now, was it audited by AI, which is far

more fast and sophisticated? Can it be upgraded later? Who controls that upgrade? If we do again with the Ethereum, does it depend on an oracle or some kind of data feed? Is that an a a point of risk? Right. Does it depend on another contract? Is it written on top of another contract is what they're trying to say. And does it depend on a bridge? Is there an admin key? Remember, these admin keys are what got fished in a lot of your money lost on bridges. They weren't actual hacks, most of them. Can funds be paused? Can rules be changed? Can the front end show one thing while the contract does another? That is where smart contract risk lives. If you've never really thought about smart contract risk, I think you're in for a bit of a treat tonight.

If you're willing to put in the work and grow that muscle inside your skull, raise that crypto IQ. I'm on one tonight. Going to the gym before the stream. I think I think that's a winning idea. Not just in one obvious bug, but the assumption around the system. So, we've laid out the problem, right? We know where the holes are, but what's the shift? This is the shift users need to make. A smart contract is not magic. I think to most people, all the techn the older you are, the more technology just does magic things and we don't know how it does it, right? But there's somebody out there who's really smart who does legitimately know how your phone works, right? And why it works and the code and yada yada yada. But probably not your 80-year-old grandfather. Don't

get me wrong. I've been impressed by some 80-year-old grandfathers. Don't get me wrong, but by majority and it's not magic. All right, just just to burst anybody's [music] bubble in here, it's code. Ethereum describes smart contracts as programs that run on networks and execute functions when users interact with them. I'm going to roll that back. Ethereum itself describes a smart contract as [music] a program that runs on the network. the network being Ethereum, but it could be implied any other network and executes functions when users interact with them. Meaning like they're meant to do something specific. When you interact with it, it does that specific thing on the network. That code can be powerful because it runs predictably until it doesn't. But predictability only helps if the code is written correctly and the surrounding system is designed well. Two

two different things you got to look at, the code itself and the smart contract. But then where it goes and what it tries to interact with has to be pretty solid as well. Otherwise, there's more room for problems. If the code has a flaw, it may execute a flaw perfectly, right? So, it might have a flaw in the code and it does what it's supposed to do perfectly, but it's still flawed. Get what I'm saying? If the oracle gives bad data, here's another problem. Oracles feed data in real time. Think Chain Link, and there's several other oracles, right? Well, that could really mess things up. and the contract may use bad data and still mess up. If the admin keys can change the rules, then someone still has control. And [music] that is not trusting code. That is trusting

whoever has the admin keys that they don't do something shady or just leave them somewhere sitting around where somebody can get into them. And I mean that digitally, of course, not like in their desk or their car. If the protocol depends on another contract, one weak link can become everybody's problem. And we've seen that as well. That means crypto users need to stop thinking of smart contracts as automatically safe just because they're on a chain, right? Just because we can say that they're blockchain technology. There's nuance to life. And some people really can't handle that. They get very upset at the nuance because they got to think and they don't like that. They don't want to think. They just want to blindly trust. Onchain does not automatically mean secure. Transparent does not automatically mean understood and audited does not

automatically mean risk-free. But there is a payoff. What could it be? We said so many negative things, right? Once you understand this, you start looking at DeFi differently. There is a light at the end of the tunnel. You stop asking only what is the yield and you start saying, well, where does that yield come from? I swear we're going to do a whole series on this and I'm going to raise my own crypto IQ because I have a lot of general knowledge but not specifics and I would really like to know how much variety there is in these different yield contracts or are they all pretty much doing the same thing and [music] some are just giving you a little bit more money than others it I don't know. We're going to find out. We're going to find out

together here at the underground crypto uh deep dive moon base. Yes, I am. I am streaming live from the moon. Where does the yield come from? What contract holds the fund? And has this protocol ever been audited? Is it upgradable? Who has the admin controls? What oracle does it use? How long has it even been live? Has it been battle tested? Right? How much money is at risk here if if something really goes wrong? And what happens if something breaks? Who's responsible if something breaks is a great question as [music] well? That is the real crypto IQ lesson that we are getting into. Remember this is the intro. Smart contracts are one of the reasons crypto can exist [music] without a traditional middleman. But smart contracts do not always remove the need to think. They make thinking more important.

Tonight we learn about how to see the trust assumptions hidden inside the code. [music] And that's what it's really all about, right? Trust assumption. Where are we assuming that there is trust? where maybe there's not really trust, right? It's being inferred. All right, that was one heck of an intro. Uh, it actually took me a little bit of time to get that the way I wanted it for everybody. And, uh, I hope it serves you well. If one person raises their crypto IQ tonight, well, then I can go to bed happy knowing that I did what I set out to do. Let's take a look at what is trending over on [music] uh, Crypto Rank. And how's everybody feeling out there? Uh, throw me your favorite emoji just so I can know that you are you're still out here

and that I didn't scare you away. And no, this is a this is a Zvia. I know somebody out there's thinking I'm drinking a Bud Light. I'm not. It's a sugar-free soda. Nessa, which I know nothing about, and it just came out today. that we learned already over on Coin Gecko. The product of [music] the compounding uh showing up to the show and doing things every day. We find things the day they come out. Now, there was a disclaimer on Crypto Rank. I guess I don't still have it up that uh you know, the code is basically whoever has the code, they're able to do whatever they want. Mint things, stop stop you from selling all kinds of stuff. So, be weary. 00 Melissa. Let's see who else is still out there raising their crypto IQ. Nessa's at 26

point uh 26 cents right now trying to say three things at one time. Nessa is a layer 1 blockchain for AI. So they tell us we're taking their word. We're we're literally talking about trust assumptions. You read a description and you say Nessa is a layer 1 blockchain for AI. That might be what they want you to think that they're doing. Maybe they're a rugpull who has not really built anything. I'm not saying that for them, right? I'm not making an accusation, but it could be. 37 million and market cap been as high as 44. It literally just [music] token generated today. It's weird. >> [music] >> The 24hour volume market cap is.7. That doesn't seem like it's in the right format. Witness the power of trusted AI onchain. Again, trust assumptions here. What's a good way to get

the masses of people to trust something? Tell them that you're trustable. You know, just say the most trusted in crypto or something stupid like that and put it right on the front page of your website like this and there is a high percentage of people who will just believe that this is trustworthy. Broadcast trustworthy proofs on the layer 1 blockchain [music] for AI. Now, in all fairness, what they're talking about is being able to show trustworthy proofs. So, if the tech's good, I don't want to come out and seem like I'm completely against something, right? cuz it's brand new and I don't know anything about it and all I know is the fact of my own ignorance. How about that my fellow lifers? You know what I'm talking about. Layer one for AI. So Nessa is a global blockchain

network bringing AI on chain. The Nessa platform lets applications and protocols seamlessly integrate with AI. And then they give you some metrics here, you know, like 120,000 AI models on chain, 150,000 nodes on chain, 4.1 trillion hosted AI parameters. I [music] think you have to be a developer to know if that is important or not. And of course, 124 second inference request, how fast it can think, right? The first fully private AI network. And this is what they're talking about, private AI network. your data is never revealed to other participants on the Nessa blockchain. Maybe they just reveal your data somewhere else on a different blockchain. I'm just kidding. Breakthrough distributed AI. They have a video and [music] uh we're not going to watch it. Not right now. Maybe we'll do that in the members only stream. So secured

by trusted execution environment, zero knowledge proof, shared model block and model hyper parameters. Interesting. We could do a lot of deep diving into something like this, right? Your home laptop is all you need. The lowest ever minimum hardware requirements to run an AI node. Now, we were digging in, just me and Melissa in the members only stream. We were digging in a little bit to like running a node versus when you're actually mining and it just really really really varies from project to project if you like actually earn anything, right? So, every other AI platform you need stuff like 100 GPU, 48 gigabyte VR RAM, minimum $10,000. And this is saying you can use a home laptop with two gigabytes of RAM and it costs zero dollars. I mean, that's one of those things I'd love to believe it,

but I don't know if I do because there's a reason why you need a lot of GPU power [music] and stuff, right, on these other platforms. What is Nessa doing that's technologically revolutionary that makes it so you [music] can use a 2 GB RAM? Also, if you're not making any of the token, who cares? This is one of those things if Bitcoin would have came out in the beginning and they would have said, "Hey, you could run a node and help the [music] network be alive because you're a, you know, vigilante for blockchain technology and financial freedom." There would have been some people who probably did it, don't get me wrong, but with no financial incentive, you wouldn't have mining and you wouldn't have people long-term caring about it. those people would have at some point turned it off

and just stopped doing it because what is the point? And that's the big thing I want to say about a lot of this. Like, okay, you can do you can have a node from home with 2 GB of RAM and it cost you nothing, but do you gain anything? Trending AI models right now on Nessa? Now, one thing that I do find highly interesting and I'm looking at digging into a lot myself is the use of like AI agents and things like that with Claude. And I mean, a lot of them live on BitHub. You know, you go to Bitub and you grab them and stuff like that. You have influencers talking about like their 50 favorite models [music] and you know, all the different ways you can use them. There's a lot of opportunity, but you got to

get in there and spend some time and really figure things out. So, here they're saying, you know, uh the trending models. This is cool stuff if you're into it. Um I'm into it because I see the use case and I see how a lot of money could be made and it's staying on the cutting edge can can really do a lot for you. But as somebody who doesn't code himself, I really have to do a lot of research to figure this stuff out. So throw a 111 in the chat if you're actually interested in things like Claude AI, AI bots, AI agents, not just for holding and the number goes up for a coin, but for the actual using them to build wealth, build apps, build websites, build whatever you want to build, right? supported by decades of research.

They said, "Our team has worked in AI for the past decade in areas like generative AI, large language models, computer vision." Computer vision, you don't see that a lot. Neural network design, and data science, and it sounds good. First question, are they docs? Can we actually know who they are? This is a brand new project. It is worth, in my opinion, the time that we're taking to go over this. introducing AI's native asset. It says it was incubated by Binance Lab. So, that is very interesting. I wonder if they gave some uh of these tokens away over there on Binance. Nessa is an essential part of how developers build on Nessa. Our mission is to empower all humans at the same speed with AI. Unfortunately, even if this is a good project, [music] most are not going to listen.

Open source over closed source. Okay. Remove the reliance on expansive G GPUs. I don't know how they're doing that. That's what I really want to know. Complete and total privacy for your data. Company shouldn't own you. This is Nessa's path for [music] AI. Again, all of it sounds really good. Join the community. Let's go take a look at their their X here. See if it looks nice and authentic. Discord is legitimate. Their website has not full checkout here. I will follow them because I'd like to see what's going on. And follow me, Crypto Ron with the blue check mark on Twitter. I need everybody's support. If you could please follow me over on Twitter, that is Crypto Ron with the blue check mark [music] in my face in the thumbnail. So, introducing NES pinned from 12 hours ago. Has

38,000 impressions. Looks like it's been listed on Gate, OKX, Bit, Vavo, whatever that is. So many exchanges. Bit KCoin. Usually, when a coin comes out like this, this is what most of their feed is going to be. It's just going to be like all the places where they're listed. I would like to know more about the team. Like, are they in America? And uh are they subjected [music] to, you know, being held responsible or are they in like Pakistan right here? I'm going to be honest, it looks like they're somewhere in in Asia. But that could just be a meeting. All the people here, I don't want to say all of them. A few of them look like they might be Asian, which doesn't really mean anything. I'll stop while I'm ahead on that one. Let's see. Do we

have one for the team? I'm interested to know what's going on. It says mining. Nessa invites miners to join the decentralized AI inference network and earn provision almost any machine into Nessa network to power the future of AI. top G top tier GPUs, mid-tier budget CPUs like a standard uh home laptop or home computers set four to eight processor core. Start earning with your idle computer. Let's see what happens. Oh, wow. They give you documents. Uh it's not really what I want. Equivariant encryption, homamorphic secret sharing, over encrypted embedding. Wow. I could really take you guys down a rabbit hole that I don't think you're going to want to go down right this second. There's there's maybe one of you out there who would enjoy that, but I would really probably be overloading you. So, I'll do that in

my own time. This is interesting. I'm going to leave this up. We we really found something here. What I don't like is and I want to go back and take a look at it here. Nessa has a bit of a warning on Coin Gecko. Now, I'll be fair. I've seen this warning on on legitimate projects many times, right? It says this is a proxy contract. The contract owner can make code changes to the token contract, including but not limited to disabling, selling, changing fees, minting, transferring tokens, etc. exercise caution. There's a pretty standard [music] label that Coin Gecko will slap on things, but it doesn't mean that it's not true. Now, it could be a foundation. They could be legitimate, blah blah blah blah blah blah blah, but there is risk. That's that's what I want to say here.

And it's got an infinite max supply. You know me, I don't love that at all. Let's move on though and take a look at something else. We spent a good bit of time on a new project. [music] I think that was worth doing. You let me know if you feel the same. So Nessa actually generated a token. Let's take a look at a couple that don't have tokens generated yet. [music] This aloom lab is a blockchain data provider, right? We were talking about, you know, oracles, data providers, all these different type of things. Highly important infrastructure. Not the most retail sexy and exciting thing to talk about, but they have their place. And you know, they raised 60 million for a reason. They are something that is heavily needed. So, ALOM provides the unified data platform for blockchain analytics

teams to extract insight and monitor onchain patterns in real time. Then we have this PT and this thing is from like I don't know the Philippines or something. Indonesia, that's what it was. I was close. As an American, that's that's close enough, right? Uh for everybody else, they're probably like, "Come on, man. Learn some geography." So, financial tech companies developing NIDR. That is their ticker, but I think that's also some kind of technology because it's spelled out down here. Oh, the pop-ups. Thank God for the pop-ups on Crypto Rank giving me something to do. All right. Got to be grateful. company and digital financial infrastructure providers focused on development, issuance and management of NIDR, a compliant, stable pegged onetoone [music] to the Indonesian Rufia Rupaya. I I I don't know. I know that we have the Ruple in Russia

and similar things. I don't know why they're all spelled so similar, but anyways, it it's basically for a stable coin. That's what we need to know. We just need our key takeaway here. So, Surf Protocol, I know you guys are real familiar with Surf Protocol. It rebranded to Turbo Flow. I I guess they thought reband, you know, rebranding and coming up with a cooler name than Surf Protocol, right? That's that's very outdated [music] here. Turboflow, much cooler. uh was going to do the trick for them here. They've raised $9 million. It is a next generation layer 1 designed for perpetual tradings. Again, there is a trust assumption here that what this says in the description is is even true, right? Just keep that there. It's key features 1,000x leverage on major tokens. They can take your money so fast

that it would literally make your head spin till it popped off. 1,00x. They are going to eat so many people's lunch. Like so many people's lunch. People are going to hear 10,000x and they're just going to throw a dollar over and over and over and over and over on a 1000x. I don't know. That's what I'm assuming here. Welcome to Turbo Flow. Everyone gets a seat at the table. Here's your invitation code. I'm not going to register with this cuz I have no interest in it. But if you want to do a,000x on something, uh, you you go for it. If you could catch a good setup though, that would be pretty awesome. Melissa says, "We are live Monday through Friday, 8:30 p.m. [music] and Saturdays 1000 p.m. New York time or EST." Feel like [music] New York time

is a little bit better received, but EST is technically what it is. Also trending B&B add astation service which is only 08 [music] of a year old atleta 0.9 and it's for sports right sports betting basically. Then we have gravity [music] which is like 1.9 years old. I like that they give that length of time. It saves me a little bit of work having to go over here and scroll [music] back and see what it is even I'm going to do it anyway. Come on. Looks like the 19th [music] of July 2024. Gravity is a layer 1 blockchain created by Galaxy offering ZK proofs and restaking powered architecture. If you don't know what restaking is, you might want to ask questions and raise that crypto IQ. I do notice that not a lot of people ask a lot of

questions. And every [clears throat] once in a while we have a good topic that people grasp a little bit more than others and they ask a lot of questions and that that really shows me that people are paying attention. Now to be fair maybe a lot of this stuff is very new to you. Don't worry, repetition is the father of learning and we will be repeating things sometimes to make sure uh you [music] can grasp it right. Sometimes you just got to hear things multiple times. Let's go over to their website. The ultra fast parallel EVM layer 1 [music] blockchain. Gravity unlocks unparalleled speed, scalability, delivering one gigas a second throughput and subsecond finality to over 25 million users. Built by Galaxy. That sounded like I was running a commercial for him, right? Affiliate link. Affiliate link. Affiliate link.

No, I'm just kidding. I don't have an affiliate link for this. Uh, Gravity is a high performance layer 1 blockchain built for mass adoption. Gravity achieves over one gig of gas per second. I know you all know how big that is, right? A gigas, I'm sure you guys are like using your fingers. Per second throughput and sub-second finality with pipeline aptos BFT consensus engine, right? We all know what that is. [music] And GR EVM or gravity EVM, right? a parallel Ethereum virtual machine runtime while maintaining proof ofstake security through reststaking technology. There's a little bit of a giveaway. Restaking technology has something to do with proof of staking. One gigas per second throughput. Cryptoquitten says, "A lot of this is over my head, not going to lie. Bought my first crypto in December 2024, [music] January 2025. a terrible

time to get in. Lol. Hey, CryptoQuin, but you're in. I don't know. Something about being in. It's got you here. This is This is the positive takeaway from it, right? Even if the money didn't go well or you're still holding like many of us are, you're here and you care about it because you have some investment. That's a great place to be and you're raising that crypto IQ. One, highly encourage you to ask questions. highly encourage you to ask questions, especially in real time when we're going over stuff so that it could be explained in more detail to the best of my ability. And second of all, just understand that repetition does wonders and the compounding nature of coming to this stream. Sometimes you just finally get enough information together that things just click and you understand things that

you previously didn't understand at all. And that can really, in my opinion, and the big goal here when it comes to raising your crypto IQ, can really make you able to see the market for what it is, see the flaws for where they are, the hidden snakes in the garden, if you will, where there could and couldn't be problems, aka like a bridge, and just do a little bit better than the average man at speculating on stuff, right? Then there's the whole you need to understand that just because there's pitfalls and stuff doesn't mean people are not going to throw their money at it and that you couldn't make money, but maybe you don't put as much money as you would [music] have and if it all goes wrong, you still have some money, right? So, you start to

manage risk a little bit better as well. And this has a whole bunch of things that we could go over, but we pretty much covered it's reststaking through proof of stake. It's parallel EVM. EVM stands for uh Ethereum virtual machine, which is pretty much the standard for everything. We're going to go ahead and move on, right? Because again, I can just keep going and breaking down more and more of a project, but that doesn't always translate to real value for the viewer. So, that's why it's hyper important [music] that you ask questions. Take advantage of the fact this is a small channel. I don't have such a large audience that you have to put a super chat [music] just for me to read anything that you want to say. Would be nice to get some super chats. That would

be cool. But that's not what it's about. It's about raising your crypto IQ. And it's about me showing up and delivering value first before ever asking anybody to click a link or any of that kind of stuff, right? Yeah. I'm stuck in some coins I'm not so confident about anymore. Down bad on XCN and Swiftcoin. I feel you. I've been there. And I have a couple that I'm down. Like I'll tell you my worst coin I ever bought was Jasmine just just moneywise, right? Not like that coin [music] is the worst. Although it hasn't performed real great and I haven't seen anything out it, but it was buzzing off of a potential partnership I think with Sony, I think is what it was. Was one of those Japanese uh companies that is well known like Samsung or Sony anyways

and then it never really happened and and Jasm is very much in that you [music] know Asian market. and I bought $1,000 of it at probably the worst time ever. It it might be worth $100 or $200 right now, especially after the pullbacks that we've had. [music] And sometimes you're just going to get rinsed on certain coins, but mind you, I bought Dogecoin at 0.002, bought [music] XRP at between 20 and 50 cents. I'm not sitting over here on a ton of money, don't get me wrong, but I'm not underwater because I had some good [music] purchases. So, what I'm trying to say is like don't uh never financial advice, my opinion. Don't get too hard on yourself for coins. [music] There's always opportunity out here. And a lot of people would probably advise against this. I've seen a

lot of people talk about it, but I have a tendency to just hold things until [music] they come back above water, which normally happens. And if I really don't like them, once I'm up like 10 bucks, I'm selling it and I just not losing my money. Sometimes there's a huge value in just not losing your money, even if it takes you years to do. Everybody starts from a different point. Do you have a plan? Have you written it down? Do you have an idea? Have you ever even thought about do you like high risk, medium risk, super low risk? You want a 10-year plan, a fiveyear plan, a one-year plan, a 100year plan, a six generation plan. Like, sounds silly. Think about it, though. Uh, you know, thinking about it can really do wonders for you. [music] Xen has

good staking. Only good thing about it. Yeah, I feel you. It's how I feel about Salana. I bought Salana um at like I don't know 175. I threw a grand in it and uh it's been pretty shitty to be honest with you. But that is part of the market and it doesn't really scare me none. I'm numb to the price action. I'm earning on it. You know, I've earned a couple hundred dollars off of that already and so I'm really not tripping about it. I'm sure it'll go back up to 200 bucks at some point. But when we don't know the JCT token has been doing much better than Jasmi, I believe it. Yeah, that's my plan. [music] Huddle till I'm at least breaking even. I might even DCA some more. Yeah. And I have some some buys that

I don't think were all that great, right? Everybody does FOMO, but I also have buys that are still really above [music] water. Even in this environment right now, I have stuff that I bought that's still up in the profit, right? When I tell you I had some Dogecoin and I only bought it for $220 and it's not worth this anymore. But when it hit that top out at like 75 cents or whatever, it was worth like 23 grand for $220. It was a great return. Now, I was brand new to crypto. That's actually how I got into crypto for anybody who doesn't know. And [music] um I didn't know anything about fouryear cycles. I didn't know anything about anything, right? I just saw that thing pumping, pumping, pumping. And I was like, "This thing is going to go up

for the next 10 years." I didn't know what the heck I was even doing. I could tell that story at some point, but you know, it's always good that we share our ups and downs. My one of my problems is holding too long. I was really looking at that four-year cycle. I'd been in previous markets, you know, cycles and I really thought we were going to have a an altcoin season uh at the end of 2025. Turns out [music] it was at the end of 2024. But if you were in 2024 when that popped off, you would have thought, "Oh, the bare market's starting. This is the runup as into the bare market." And then it just goes euphoric, right? And you have some crashes and some pullbacks, right? So, wasn't expecting straight up. So, when we started pulling

back in the beginning of 2025, I didn't think a whole lot of it. And then you just never got an altcoin season. That was 2024 at the end of the year. That was that was your altcoin euphoric top, I guess. And it was pretty lame. They've come in, they've messed with the market pretty hard. I pray we all experience that feeling. Yeah. And I think you will if you stick around long enough. But that's just my opinion. We're we're talking a lot about trust here, right? I give you guys my opinions and then what I've learned and try to pass in stuff, but no one person is 100%, right? No person calls a move in the market 100% of the time. Nobody's perfect. That is why it's so important that you yourself raise your own crypto IQ so you

can make smart decisions for yourself. Ariel or Ariel, I don't know how this is supposed to be pronounced but it's 1.4 million total ro raised right can't talk still funding round so there's no token yet and it is a institutional B2B digital asset infrastructure provider offering unified APIs for custody trading and crossber payments. This is service for institutions and they've only raised like 1.4 mil so far that I can see. So it doesn't sound that great. We have some more ono tokenized stocks coming out here, right? Popcat was up like 20% yesterday. I think it's down 10%. It's giving it back. [music] Digibbyite on the radar. That Digibitete's been around for 12.4 years, guys. Just keep that in mind. I don't know. Is there going to be a Digi Bite ETF? We had somebody coming in here for a

long time [music] um who claimed that they worked with or for Digib Bite saying a lot of stuff. I didn't see any positive price action come out of it, but who knows? Sometimes tech builds in the background, right? Chris Gos says 333, my fellow lifer givers gain. Welcome in. Welcome in. I love that you stop by and always have something to say. Uh drop something in the chat just to let me know you're here. It means the world to me. Thank you very much, lifers. that that community has got a lot of high quality people in it. Very proud to be a lifer. So shoot anytime you see this SN64 that is subnet immediately tells you that it is in the BitTensor ecosystem. Bit Tensor probably the most serious AI project. That doesn't always mean that it gets the

most speculation and things like that. Doesn't even mean that they have the best tech forever. people can come in and people are coming into that space, but they are early on and they might have some some value in first mover advantage and and building up networks and communities and stuff like that. We'll be very interested to see how they fare as we continue to move through like a real bull market. AI is going to be real hot, I'm sure. And who knows what narrative might pop up for them. That's why we try to stay ahead of these narratives and subnarratives. AI narrative is really good. X42 protocol fits in with it. It's not really its own narrative by itself. It's micro payments for AI agents and stuff without AI and AI agents. X42 protocol is pretty much mute. But

the more that that does well, the more some sub, you know, narratives can do really well. I digress. Avantis, AV&T, one of the decentralized exchanges that was hot for a while, uh, not really a big deal anymore. And then this intraday finance that I couldn't say to save my life yesterday. I got in early on ZBCN and wrote it all the way down. That happens, man. That really happens. And you write it down and you realize you could double your bag for a small amount of money. Sometimes it's a good idea if you believe in the project. ZBCN. I do like that they have a working model where they have payroll and stuff and they can bring money in. That gives them some value and some staying around power. Maybe they roll out some really cool stuff later on.

They do have some some cool app [music] and stuff like that from my knowledge. I did some videos on ZBCN and uh yeah, hopefully uh at the bottom of the barrel, you could like double up on your bag and then ride it back up. It's the best of both worlds in my opinion. When you ride something down, might as well you're already in it. If you're already not going to sell at a huge loss, why not throw another $100, $200 in there? And a lot of times they're so low that you could double, if not more than double your bag. You're going to have to sit there and watch that thing go all the way back up anyways at some point. Anyways, [music] Intraday Finance is an AI powered crypto accounting and financial operation platform for web 3 enterprise

acquired by Moonay June 20, 2026. So very recently, right? And Moonay is a pretty big application. And then of course the crypto that shall not be named and we won't name it. Now let's take a look at some news. Let's see if there's anything that's worth talking about. Of course, Bitcoin fell down to 60,000. And I try to run through this quickly because it can get really repetitive. Bears are still controlling crypto derivatives. They say Bitcoin has to hold 60K or risk falling into a lower range. Bitcoin can do whatever Bitcoin wants to do. 10x Research says Bitcoin could fall to 55,000 before bottoming. What a revelation. I think uh any of us who've been around here for a while, yeah, we know we could go to 50,000. You could see a flash wick to 40 at some point

[music] and everybody just lose their mind. If I see us go to 40,000, I am going to buy as much as I possibly can. AI and tech stocks are still pulling attention away from crypto. They keep saying this and I think there is some truth in it from the bigger money in traditional finance. I think there's some truth in it, right? But I would also say that there is plenty of AI in crypto narrative and coins and stuff. So, you're going to see some speculation in those markets. We're in a bare market and we're getting down into the bottoms of the bare market. It's where you feel the pain. It's totally normal. So CoinDesk and Bitcoin's latest weakness is happening says said that Bitcoin's latest weakness is happening while AI tech and AI related stocks continue attracting investor interest.

The report specifically points to this SKH Highix which I put a video about and things very interesting project uh sorry company. It's a stock in the uh Asian market, Korean market to be specific. uh filing to raise nearly 30 billion in US uh share offering while NASDAQ was up to Bitcoin and down. If you don't know who CryptoJ is, he did a video about this. Um I think it's a really good video. He went over how you can get exposure to it, all this stuff. I was seeing posts about the Korean market like just taking a total blood bath. I don't know how much of it was true and how long it lasted and if it's recovered or not, but getting exposure to like buying actual stock in a Korean market can be reg relatively difficult. There's a few

companies, this is all I'm going to say about it without going into a long [music] rant. There's a few companies that already hold it that are already uh American exchange, you know, regulated stocks and they can give you exposure to it without, you know, there's one that holds almost entirely S, you know, SKHix and that's probably the best one to buy. But if you want to know what that is, you're going to have to watch that video. Go to CryptoJ's uh new channel, not his old one. He has a new channel focused all about that kind of stuff. The debasement trade is unwinding. So also noted that gold, oil, and Bitcoin all sold off together today, undermining the 2025 debasement trade narrative that favored hard assets because of the worries over government debt and fiat currency weakness. I don't

know where these hiccups are coming from. So Bitcoin miners are getting squeezed badly. I mean, bottom of a of a bare market type vibe here. Bitcoin miners revenue has fallen to around 30 million per day on 7-day moving average, down from the 50 million per day last summer. I'm not going to claim to know all that. And if that's so many million a day across the entire uh you know, miners, I don't even know what that really pans [music] out to individually, right? Per hash rate or whatever. mining difficulty is reaching is is reacting to price stress. Right? Bitcoin onchain activity hit two-year high because of runes. Now understand that if it gets really unp profofitable to mine a lot of people will walk away then there's less people mining then there's less competition. So that restructures the difficulty

and then they'll make more money. So people will get shaked out and then people will stick around and they will go up in profit. Ethereum foundation turmoil is still a major topic. Ethereum's biggest supporters are trying to spin the shakeup as bullish. Not a bad idea if you ask me. At the edge of something remarkable, arguing that institutional capital is moving onchain and that more than 50 stakeholders backing ETH lab shows ecosystem con uh conviction. Again, this ETH lab is like separate from the Ethereum Foundation. It's different. [music] It's It's uh something I got to do a little bit more research about. But we were talking about it the other day. I was wondering if some of the people who left the Ethereum Foundation and found this ETH Labs might be [music] like the same people. A got a

huge bullish call from Standard Chartered. Standard Charter initiated coverage of A with long-term price target of 3,500 by the end of 2030, implying roughly a 50x upside [music] from the current level. The thesis is that a benefits from DeFi recovery tokenized real world assets and more assets moving into onchain lending. The bank expects the value of the asset activity in DeFi to grow 37x 2030. Didn't they just say 50x? I don't know. It's rather e either one. 37x and 50x very good. 2030 not as far away as you probably think it [music] is. And my point is that 2030 is coming regardless, right? With tokenized stable coins, the real world asset driving a major lending expansion. A is also still recovering from the kelp DAO exploit fallout that brought the price down though. prediction markets are going mainstream with

SIBO. I don't even know what that is. SIBO is reviving S&P 500 binary options which are yes or no contracts on whether the index crosses a certain level. Okay, so that's sounds very yeah prediction market. Prediction markets are pulling or polling favors federal rules over statebystate rules. Okay, so they're going to go with some kind of federal ruling there. The prediction market fight is now CFTC verse states. [music] Trump delayed signing the House bill with CBDC ban. Oh no, is he pro- CBDC now? That's the going to be the narrative, I'm sure. Congress is debating skinny Fed accounts for crypto and fintech firms. The Block reported that lawmakers discussed whether certain cryptofocused banks and fintech should get limited direct access to Federal Reserve payment rails through so-called skinny master accounts. Fed Governor Christopher Waller floated the idea last October.

The President Trump later directed the Fed to evaluate policies around fintech access. Crypto companies support the idea because it could reduce dependence on partner banks. Community banks are worried that crypto and fintech firms may get bank-like powers without equivalent oversight. Very interesting. And we're going to bounce right back into raising that crypto IQ. I do it for you. I do it for me. I'm interested to see what we get into here. And if you're still here, pat yourself on the back. I think most people get overloaded with information. Smart contracts are automated rules. They're not magic. A smart contract is code that runs on blockchain and execute based on defined rules. Ethereum explains that smart contracts automatically enforce rules through code and are not controlled by a user once they're deployed. Right? Users interact with them by sending transaction

that call contract functions. That is what makes them powerful. They can automate trades, lending, staking, escrow, token transfers, gaming assets, NFTts, and more. But a smart contract does not understand fairness. It understands intention. It does not know if a user made a mistake. It executes the rule it was given. The takeaway here is smart contracts can reduce resilience on middlemen, but they do not remove the need for a good [music] design, testing, or caution or a good audit. I would say code is law becomes dangerous when the code is flawed. Now they're spitting bars. The strength of smart contracts is that they execute automatically. The weakness is that if logic is flawed, the contracts still may execute automatically. A traditional company may be able to reverse a mistake. Centralized, right? Freeze a system, fix a bug quietly. [music] A

smart contract exploit can move funds in minutes. And blockchain transactions are often irreversible. That would be very risky. That is why code risks become money risk. If a lender if a lending contract calculates collateral wrong, funds can be drained. If a swap contract [music] has logic flaw, prices can be manipulated. If a bridge contract verifies messages incorrectly, assets can be stolen. The takeaway is in DeFi, a software bug can become a financial event. So, smart contract risk stack, right? Here's your layer and what can go wrong. In a contract code, you can get bugs and logic flaws, re-entries, access control, mistakes. With admin controls, you can get upgrade power, pause power, and privilege keys. Within Oracle, you can get bad price data, manipulation, and delayed fees. We've seen some of these things in the market where they said, "Hey,

there was bad, messed up data being fed to exchanges that told it that prices dipped way lower than maybe they really did very quick, very fast in a flash, like a flash crash. And people got liquidated who probably should have never got liquidated because prices never really actually went to those places or price points, but they got bad data. That can be a problem. And it can also be a problem that's intentionally induced. dependencies, other contracts, bridges, and liquidity pools, front end, fake websites, misleading interfaces, and DNS attacks, user behavior, bad approvals, fishing, wrong transaction sign. We we're mostly familiar with what you can do wrong as the user, right? Audits help, but they're not a guarantee. It's another thing we really want to drive home here is that audits are great. AI audits are better, but they're not

a guarantee. And you shouldn't stake everything on an audit. A smart contract audit is detailed review of a code to identify vulnerabilities, poor practices, inefficient design before launching. Chain links education hub describes audits as a way to preemptively identify security v vulnerabilities and find solutions before malicious actors exploit them. This is why they have hackathons. bring a bunch of hackers in. Give them a legal realm to do what they do, and give them money that they can make and win if they find exploits. Audits are valuable, but they're not magic. Ethereum smart contract security docs say that audits should be treated as a silver bullet because they will not catch every bug. That means users should not stop at the word audited and say, "Take my money." Better questions are who audited it? When was it audited? What have

they updated since the audit? Has the updates been audited? When the final deployed code, was that audited? Were critical issues fixed? Is there a bug bounty? Has it been live long enough to be battle tested? Takeaway here, audits should mean risk reviewed, not risk removed. I love that. Struggle hard says he's number one in the IQ raising event. I'm pretty sure that's what he means. He's the smartest in crypto. Upgradeable contracts can add flexibility but also trust. Some contracts are designed to be upgradable that can make useful because developers may need to fix bugs, features or improve protocol over time. Now remember a lot of times we have test nets for this very reason to fix a lot of the problems but that's very early development but upgradability also changes the trust model right open zeppelin's upgrade doc describes

proxy patterns where a proxy contract delegates calls to implementation contracts. This is probably going to get a little bit over your head. allowing the implementation logic to be upgraded while users keep interacting with proxy address. Basically, they're saying it allows things in the logic of the smart contract to be upgraded while users keep using that proxy address. And that means users need to ask who can upgrade the contract. These are just the questions you should think about. Is there a time lock? Also, these are good questions. If you're in a project and you want to know, but you're not, you feel like your IQ is not big enough to figure it out on your own, you could just ask chatbt some of these questions, but you got to know the question to ask the question, right? And who knows

what it could save you in the long run. Is there a time clock or a time lock, I should say. Is it controlled by one wallet? You can find that on V2 bubbles, v2.bubble maps. Good one. We looked at it yesterday looking at a project and we found like 87% of the entire project was held in one little string of wallets. 60% of the entire coin supply was literally in one wallet. It was pretty crazy. Is it controlled by multi- signature? Can one person signature make things happen or do they need multiple people? Can users exit before an upgrade happens? Upgradeability may reduce some technical risk, but it introduces governance and admin key risk as well. Then you have things versus immutable means it cannot be changed and upgradable, which means the opposite. It can be changed. So you

have immutable smart contracts with once they're put out like that they are what they are. And then you have upgradeable ones that can be changed at other times. Immutable contract rules cannot be changed maybe a little bit more trust there, right? at the risk. Bugs may be hard or impossible to fix at that point. Everything has its pros and cons. Upgradeable contracts, bugs, and features can be updated, meaning they can be fixed. But admins have the power to change the logic in the smart contracts. Smart contracts make things happen, right? Time locked upgrades. Users get a warning time before upgrades are made, so they can decide if they like the upgrades and if they want to get the heck out of it before the upgrades happen. Still requires users to pay attention. It's kind of like governance. People don't

really want to be involved in governance. That's what I find most of the time. Multi multi-IG controlled upgrades. More than one signer required. Still depends on signer security and honesty. How you guys doing out there? Get you some water. Hydrate that brain. Smart contract depends on more than just their code. A protocol may look like one clean app, but behind the scenes, it can depend on many moving parts and data. It also may depend on price oracles, bridges, liquidity pools, other D5 protocols, token contracts, governance contracts, front-end websites, and admin keys. A 2025 study of Ethereum smart contract dependency risk found that 59% of contract transactions involve multiple contracts. and that actually uh dependencies are often more complex than officially documented. So there was more complexity there and things that could be broken or go wrong than people realize

that matters because users think they are trusting one protocol when they are really trusting an entire web of dependencies. Smart contract risk is often system risk, not just one line of code. Again, the takeaway of all of this, if it seemed a little techy, is that smart contract risk is often system risk, not just one line of code somewhere that's faulty. What is this thing doing? Stop answering. Stop doing whatever you're doing. Many exploits are not simple bugs. We talk about them like, "Oh, it had a bug." But a lot of times that's not quite what was going on. When people hear smart contract hack, they often imagine an obvious coding mistake. But real attacks can be far more complicated than this. And we are going deep in the sauce tonight. A 2025 systematic review of major smart contract

attacks. So these are attacks on major smart contracts [music] found that many high impact realworld exploits so important exploits were not caused by isolated bugs alone but by exploit chains involving protocol logic governance life cycle issues external dependencies and traditional implementation bugs. What it's trying to say is the bug that they were exploiting was not just some little tiny flaw in a code somewhere, but a much bigger chain of operation, a chain of logic that the smart contract runs through where they found multiple places in it. You had to hit multiple places in order to really pull the exploit off. Struggart says 111. Struggart locked in. I love that real world exploits were not caused by isolated bugs alone. That's the takeaway in my opinion. That is why smart contract risk is bigger than asking who was the code

audited, right? You also have to ask how does the whole system behave under pressure? Has it been stress tested? How many years has it been around? Just how many years a project has been around, blockchain has been around, pretty much tells you how many years there's been for people to attack it. Can attackers manipulate the price? Can attackers borrow massive liquidity? We had this whole thing with Zcash where somebody could have minted all the Zcash they wanted in the world and nobody would have known. Problem it's [music] private so nobody knows if they did or if they didn't do that. Who has access to even look at it? Or is it so private? Nobody will ever know. that is damaging to the confidence of the people holding it. How do you recover from it? Do we ignore it? Do

we just wait to see if somebody massively sells a a crazy amount they shouldn't even have? They'll destroy Zcash if that happens. U that's problematic as that might be enough to get some big holders to move to a different project like Monero. They can borrow massive liquidity. Can they exploit bridge message, right? Can they use governance to change rules? Can they trigger bad liquidations? Takeaway here is a protocol can fail because the code works exactly as it was written. I'll say that again. A protocol can fail simply because the code actually works exactly how it's supposed to work, but the design was exploitable. So, they found a way to exploit [music] the smart contract for what it does, give it a different environment, and then what it does now is a negative thing. Normally, users need a smart contract

risk checklist, right? Most users are not going to read solidity code. Solidity is like what Ethereum is coded in, right? And that is fine. But users can still ask better questions. They could raise that crypto IQ and they could ask the right questions. Before using a DeFi protocol, ask was the protocol audited at all. On a lot of these websites we go to, I don't see anybody audited it, right? Or a hackathon or any of those type of things. Does it mean it's bulletproof? No. Is it better than it not being audited at all? Duh. Who audited it? Big question. How long has it been live and how long has it been since it was audited? How many times have they upgraded it since then? How much total value locked is at risk in the project? Is there a

bug bounty, an incentive for people to find the problems in the code or no? Is the contract upgradeable? We talked about that. Immutable, meaning it can't be changed once it's put out. Upgradeable, meaning it can be changed once it's out. Who controls the admin keys? Who's got the responsibility? Again, we know that bridges are where a lot of the exploits happen. Know that a lot of it was fishing through admin keys and not actual hacks. Is there a time lock [music] on things like liquidity, total value lock, stuff like that? What oracle does it use? Then the time lock they're referring here, I think, is on upgrades and stuff to smart contracts so that you would know before it got upgraded. What oracle does it use? Who's feeding the data to the project? Cuz there's multiple. There's chain link

and there's many other ones. Which ones does the project you're bullish on actually use? What happens if the front end goes down? Is there a way to still use and get money and value to move if the front end goes down? I mean, we have all this stuff like I believe it was Jack Dorsey who just put out a whole thing where you can basically move and send Bitcoin without any internet. That's pretty big. But if the internet goes down, apparently you're still going to be able to move your Bitcoin around. That's huge. Is the yield realistic? That's a going to be a whole series that I really, really look forward to. Again, I do these shows for you guys. I also do these shows for me. I ask a lot of times the questions that I want to

know. And I think sometimes that's why the topics can be a little bit big and a little bit over people's head. But if I never challenge you to learn, then am I ever really giving you any value? And don't worry, I'll be here to spoon feed and answer any questions. But you got to take the initiative to ask the questions when you don't understand stuff. If the stream's over, direct message me. That's why we have a free Discord. That's why it's linked down in the chat for you. It's in the description. If you fail to ask questions, there are no dumb questions. If you fail to ask them, then nobody can help you, right? It's not about condemnation or shame. It's just nobody can really help you if you don't let them know that you need help. Has the

team explained the risk clearly? This will not make risk disappear, but it helps users stop trusting blindly. The takeaway here is you do not need a developer to think a little more carefully in crypto as the user. The big picture, smart contracts move trust into code and design. This is the lesson for Wednesday today. Smart contracts are one of crypto's greatest innovations, inventions, whatever you want to call it, right? They make DeFi, NFD, Dows, gaming assets, automated markets, and onchain financial possible, but they don't remove the risk. I don't want people to be like, "Oh, smart contracts could have a flaw, so they're not good." No, they're they're what makes all of crypto work. They're great, but know where the problems can be, and you might save yourself. Again, snakes in the garden. Know where the snakes in the

garden like to hide. They move trust into code, audits, admin controls, dependency, economic and user behavior. That is why smart contract risk belong inside crypto's trust problem. It the the user is not just trusting projects marketing. They're trusting the system underneath the apps, right? The actual blockchain and the way that it works and stuff. It can get a little complicated. Nobody's expecting you to know how every blockchain works. But if something's brand new and things, you can ask some pretty simple questions like, "Has anybody ever audited this thing? How long has it been around?" owned. If it's only been around 6 months, it's only 6 months for the market to have bad actors try to attack it. The real question is not is the smart contract trustless. The real question is what assumptions have we made to be true

in this contract. That that's the real takeaway from this stream. Now, let's talk about the fe the top uh you know gainers, top losers. A is the top gainer of the day at 6%. Let's refresh it. Make sure this is the right numbers here. Okay. A actually coming in at 11%. And they think that a could go to $3,500 by the year 2030. Is that a little bit off? Sure. Um, did they just have some problems? Yeah. That's why you're getting it down at the prices that you're getting it probably. But that doesn't mean it can't happen. And some bank is betting big that A is going to $3,500 by the year 2030. Which means what? crypto will have another bull run according to them, right? Like because a is not going to go to $3,500 by itself and

everything else just sits still and Bitcoin still be where it is now in 2030, right? It may be hard to have this euphoric confidence in crypto now at the bottom of a bare market. But that is how it is consistently been [music] at the bottom of every bare market. The same way people have a euphoric confidence in the top of the market and don't think it can go down and they watch it go to the bottom. Same thing. Memecore actually recovering a little bit here. Uh it's down 68%. And it was down 80. Let's bounce back to our bubbles here. Yeah. Okay. And who knows? A lot of times it does this does this bounce and then continues lower. What happened to memecore? Let's ask chat GBT. What happened to the crypto project Memecore today to cause such a

heavy price dip? Maybe there's some news I don't know about and we'll come back to it in a second. Sky AI down 21%, pumpf fun 11%. And it could just be as simple as a whale selling out. There might not be any really big news here, but I am interested to see what it says. I try to provide as much valuable information as I possibly can stack in a 2hour live stream or more. And uh if you really value that, smash the like button and make sure you're subscribed. And here's a really big one. Tell anybody who you know loves crypto about the channel. Send it to somebody who you think might even have the slightest shot of caring about crypto, right? And you never know what could happen, what you could be responsible for in raising their crypto

IQ. All right. Yeah, here is the chart. Yeah, we get it. That That's the chart. But what do you got for me? Beam Core had a violent liquidate liquidity market structure break. Not clearly confirmed hack [music] or D-listing catalyst. Did not find confirmed official statement saying [music] hack or exploit or haul or D-listing caused it. Okay, so it probably was just a big whale. Combination of thin real liquidity, concentrated supply concerns, and leverage traders getting flushed. Meme Core has already been under scrutiny. CCN covered Zack XPTt link concerns about alleged insider control, weak organic demand, questionable market activity, and the risk that a high market cap may not reflect deep real liquidity. Well, it sounds like he was right. That kind of setup can hold up until it suddenly doesn't. There were also earlier warning signs. A June analysis

noted Memecore had already seen a 14% drop with one interest failing 18%. All right, so the takeaway here is there wasn't some big catalyst. Wasn't a hack or anything like that. That's what I really wanted to know. Nissa very much on our radar. Very much uh something to take a look at. There's a playground. I don't even [music] know what that means. Probably a chatbot with some things built in. I'll be doing some research on this. It is minable. I guess that makes it proof of work, right? They're acting like you can do something with nothing, which is cool. I'm sure if you have the Mac Daddy top tier GPUs, I'm sure you're going to earn more than somebody [music] with a, you know, two processor standard laptop, but it is what it is. At least you can get

in on it, right? And I'd just be interested to see. Now, you do have to download a bunch of stuff on your computer to do stuff like this. There is vulnerabilities and risk. Never [music] telling you to do anything of that nature. Do your own research. Again, we were just talking about trust. This thing hasn't been around very long. Who [music] knows what exploits could happen through the stuff that you download. It could all be malicious from the get-go. It could be just to get you to download stuff on your computer. I'd like to see people use it a little bit before I try to get in on it. That also means you could miss some of the most profitable mining times around. Everything is a trade-off. Nothing is black and white. It's all shades of gray. Risk is

everything, right? You think it's risky to do these things? Well, wait till they hand you the bill for never trying. It's more expensive. And uh that's that's a huge portion of the show right here. Here's our Twitter uh doom scroll hashy. >> A Bitcoin finance primitive prepares for global test net launch in July with key players like Cumberland, Fluid, Swissborg joining the institutional push. Will this boost mainstream crypto adoption? Never heard of it. This is what this Twitter doom scroll is good because you just see what people are saying. Everybody wants to be the person who told you about something amazing before it happened. But there's a ton of people trying to, you know, get you to click a click a link or something like that as well. Memecoins still teach speed, not survival. Is Salana dead or recovering

from an all new time high? What do you think? I think it's in a bare market. That's what I think. >> Seems like BTC is having a really bad return every four years. 2014. Here's your start end. Uh, basically it did phenomenal numbers 2010, right? And the numbers have been smaller and smaller. Something most of you probably already know, right? I call the final flush. Bottoms 44 to $33. This person's calling here. I mean, isn't that like very 786ish? They have like a fib. It looks like a fib. I can't really read the numbers. I was actually hoping that clicking on it would make it a little bit bigger. Okay, so they're saying Salana to like 44 33 bucks. Maybe the short is good. Almost got to be careful what you uh what you read on here. >> What

does that say? W called BTC short three days ago. Good for him. Got to get through the fluff, right? Micron tokenized stock on Salana by Backpack securities. Trade 247 full redeemable for real shares surges 16% after hours. This signals a new trading cycle outside traditional markets. Will this innovation change investing? And we could this why it's called a doom scroll because like this could go on for four hours. We could do this for five hours. White House denies crypto link the UAE AI deal after Senate. Democrats demand hearing. Who knows? People write all kinds of crazy stuff. Nobody knows if any of it means anything. Uh, Democrats demand oaths over the administration's ties to the UAE sovereign wealth. Okay. Are we not allowed to be partners with the UAE? Uh, the Senate demands answers. Senators want to uncover what

admin administration officials knew about the 500 million crypto transaction involving the chic uh Tanoon's network prior to lifting longstanding. Yeah, I don't know a ton about that. Crypto users wary as Anthropic releases clawed mythos. Crypto users weary as Anthropic releases clawed mythos with safeguards. Venture capitalist warns AI could simply find crypto exploits. So AI could go after a bunch more exploits, right? It's not great. What are we going to do? What if crypto or sorry, what if AI is able to exploit everything with quantum computing? Your bank. Like here's the thing. If you think crypto isn't tight enough security, your bank, I guarantee is not tight enough security, right? Like if you could use AI to scroll through the deep web real quick, get past payw walls and and just grab people's social securities and stuff like that, get

in bank, like it could do so much damage. It could ruin the whole financial sector. We might have to start over. So, I think uh blaming it all like crypto is going to be the people who get hurt the worst. I don't think so. I think a lot of your time traditional stuff is worse. You think they're not going to get into like your Weeble account, your JP Morgan account. You think they're not going to be able to get into that stuff if they're able to crack blockchain code? I don't know. I don't think the code at at uh you know JP Morgan is is more sophisticated than than say, you know, Bitcoin. But what do I know? I'm just some guy on the internet trying to put it all together live with this community. I'm going to play

a round of Panzer Dogs because it has been headpounding IQ raising night I think for all of us. I would say if you took away 25 to 30% of what was said, you're doing great. Pat yourself on the back. If you're still here, say still here in the chat. Oh, got that laser. Got him. Going to get like all three of them. Let's go. No, you don't. I want that health. Just keeping them from getting the health sometimes. Solid. And nobody went for this. Genius. Oh, how did I not get him? That's crazy. Oh, another one bites the dust. Refueled. Ready to go. I love that you can get them through the through the walls with the laser. Wow. A little bit of a lag here. teamwork. I like that they have the missile. Yeah, give me that missile.

Ah, I totally just ruined that. That was the worst missile shot ever. Still here in the chat, says Stragaart. I appreciate you being here. Stregerart has come into the community. not that recently, but also not that long ago as well. And I [music] noticed that he he's putting in the work. He's trying to raise his crypto IQ. I can tell he pays attention to what we're talking about and what we're going over. And all I can say is kudos. Who knows what amazing things can stop. And the thing with the compounding nature of raising that crypto IQ is like these things really matter when you're deploying capital in the bottom of the market and stuff and as we begin to move up, but you're not going to see the full fruit of if you picked well or if you

didn't pick well until you hit like the top of the bull market or probably before the very very top, but the upper the upper echelons of the top of the bull market, right? And so that's that's when you really hit it or you didn't hit it. And I think it's normal to take multiple cycles to really get good at crypto. And I've heard a lot of people say and and by people I mean actual people who are big in crypto with lots of money who I had the luxury of meeting personally and they've all said about the same thing. Everybody who's stuck in crypto for seven, eight, nine years wound up multi-millionaires that they know personally, right? Other people in the space and other [music] not all of them influencers, right? Some of them literally just literally people who

hold crypto, right? Does that mean that past experiences are guaranteed future experiences? Absolutely not. But what else are you going to do in life? You know, I listen to a ton of Jim Ran and all kinds of other things. I'm reading right now or audio booking. Actually, I don't I say reading because it's a book, but I'm actually listening to the audio book uh thinking Think and Grow Rich. One of the top recommended books by Jim Ran, one of the ones he got started on. So, I'm like, "All right, if that's where he started, let me let me at least read it and know what it is, right?" And so we're all we're all trying to do that. I'm stuck in crypto for nine years. I'm poor. I went all in on LTC on Litecoin. Here's a question though,

CCP, and I [music] in no way am trying to call you out because I don't know anything about your journey or what you know about crypto, but I will say, how much have you stuck around and listened to some of these crypto raising events? And how much of it is new knowledge to you? But simply being somebody who held cryptocurrency for nine years doesn't necessarily mean that you've been putting in a ton of work to really understand the space as it innovates. It does move quickly. So that can have a huge effect on the things you buy, the things you hold, the things you have a lot of faith in. I I mean, Litecoin's been around. It's trusted. It has its own ETFs and stuff. Yeah, might not be over at that point, right? Like the next bull run,

Litecoin might not be the top mover in there, but I mean, it'd probably do some decent returns. At least get you back above water. Never financial advice coming from me, but it wouldn't be crazy to speculate that that would happen. And that's kind of the whole point. Now, when you got in 9 years, this that and the other, but I bet you've had times where you were up. Maybe you didn't sell. I think we've we've all been guilty of that. And of course, hindsight 2020, it's easy to look back and say, "That was clearly the top. This was clearly the bottom." That's easy stuff to do. And it's easy to be like, "Oh, I didn't sell then. What an idiot. I wish I would have sold all of my altcoins at the be, you know, end of 2024." Of

course I do. if I would have known what I knew now. But if you f if you go back to 2024, why wouldn't you think based off the four-year cycle, which had never really been wrong, you got to use the data that's worked always until it doesn't work in my opinion. At least that's what we've said for a long time. And the data said, hey, end of the market, four-ear cycle, 2025, at some point, even if it's off a month or whatever, there should be a blowoff top or a euphoric market condition for altcoins as the money rotates out of Bitcoin and into other things, right? It never happened. But if you looked at it in 2024, again, just to [music] be repetitive here, so you get my point, it would have really just looked like the bull market

was really starting to take off and we were getting this. See, we were seeing money running and I think that's exactly what they wanted. There are people who understand this market and they do manipulate it without a shadow of a doubt. I think it would be naive to really believe anything. Hey, sometimes those hard journeys are what make for the best comeup stories. Everybody loves a good come-up story where you had to stick it in a little bit extra longer than everybody else. You know, there's a lot of times in my life where I felt like everybody won the raffle, everybody won won whatever it was, the competition, and uh you know, I always somehow it always slipped through my hands, right? Sometimes those kind of limiting beliefs can really make you lose when you really shouldn't be losing.

But if you believe you always are going to lose, sometimes you lose just because you really believe. You know, I deal with things like manifesting and stuff like that in a very very different way than a lot of people. Like way more down to earth, more way more realistic and not a whole bunch of new age nonsense. But there is some truth that you know, as a man thinkketh, so he is. I mean, you believe whatever you want. It's ancient knowledge. As a man thinkketh, so he is. It means human, not actual male, right? And I just say all that to say sometimes if you think you're going to lose, sometimes you lose because you think you're going to lose. And I've been guilty of that myself. And also have seen the change from when I stopped believing that

I was always going to lose. And guess what? I stopped always losing. Very strange how that happens. Let's see. Now that I'm done playing this, I can see what's going on in the chat here. Uh, everything is new. I understand. Close to nothing. I buy and hold every coin forever. I was up a lot, but no sell. Yeah, I hold for the next hundred years. There you go. I think my neighbor asked me how to get into crypto in 2025. I should have sold everything then. Then CCP says I won $250 on a radio station contest. CCP, from what you just told me, first off, you're the perfect candidate for what I do here, and I show up and give all the value away for free. I show up and do this show for free. I don't know if

anybody realizes it. I'm not making money off of affiliate links at this time. In the future, I may. We're in a bare market and I'm grinding, right? I have the vision and I'm going to see it through. But I just want everybody to realize first of all how important it is that you throw a super chat every once in a while so that I can maintain doing this even though I guess I'm going to do it regardless. So you got me there. But it's just know it's heavily appreciated. Not my point. My point is that you are, you know, the perfect candidate to raise your crypto IQ and it be meaningful for you in the market. I'm not going to promise you anything, but when is more knowledge ever not helped at all? I don't know if that there's

ever a time more knowledge didn't help anybody, but also I feel like you should be asking way more questions during the stream if you really want to lock in and know. I don't know when you popped in or when you started like watching the show today or in general, but how much of our educational portion of the show were you a part of today? Like where you you were here for? By a part of, I just mean like you were listening. and uh how much were you locked in? What did you not understand that you could have maybe asked a question about? Things like this are highly important. I can show up every day and say the words and teach the things, but who knows what insight I could have helped with if you would have took the time

to ask the question. And I never mean ever take this from the heart. Like I never mean shame or condemnation when I say stuff like that. I'm only trying to encourage you to ask questions if maybe you already didn't feel highly confident in asking questions. I want you to feel highly qu confident in asking questions. That's what I'm really trying to get at. Says, "I'm a perfect candidate for gender affirmation. Now, you do always make me laugh every time you come in here, so I appreciate you greatly." Struggle heart says, "I just think it's neat. Keep stacking." Yeah. And I mean, everything's risky. That was starting I was something I was starting to say earlier about listening to a lot of gym run. All of it's risky. From the moment you were born, life was risky. Everything is risky.

Going to sleep tonight has an air of risk, right? You get bit by a venomous spider in your own house while you're sleeping and not make it to see the morning. It's happened. I'm sure some people just stop breathing randomly. They literally It's like the It's literally called like randomly stop breathing syndrome or something like that. Very close to it. It's not the exact technical term, but you get my point. Anything can happen. All of life is risky. And if you think it's risky to take risks, wait till you get the bill for not taking any risk. Wait until not taking any risks towards the end of your life. 60s, 50s, you know, late 50s, 60s,7s. Wait until that comes home to roost. This is my personal opinion and philosophy. I'd rather take risk while I'm young, even if

it's 30, 40, and 50 years old. To me, that's still young. If I live to 100, that's only 50% of my life. And what are you going to do? Stop, sit in a corner, and be miserable. I'm going to go down swinging one way or another. And those are almost always the stories. The more I read about influential people, rich people. Think and Grow Rich is a really good book. It's written about some of the most wealthy individuals of the last century. You'll see that all of them had the same mind state. They were never going to give up and they could fail so many times. and they were never going to give up. So, I don't care if you come to the stream. I do care if you come to the stream. But what I'm trying to say

is this is not a ploy to get you to come to the stream all the time and think that, you know, I'm the greatest person ever. But if you promise yourself that you'll never give up on you, something's going to happen eventually. That's all I got to say. I just want to inspire everybody to keep pushing forward as I continue to push forward myself. My question is just when moon Hey, I'm already broadcasting right now from an underground moon base where we do all of our research and play Sunflower Land at the end of the stream. So, I'm already in the moon. I'm already on the moon, baby. So, I don't know what to tell you. I guess you'll have to find your own spaceship. All jokes aside, uh, most likely 2028, top of the next market, something of

that nature. Maybe maybe late 2027. Do the four-year cycle stay intact? Was this cycle just a fluke to really shake the confidence? Because people were getting way too confident. But, you know, all of those institutions that people bought, they they they're not buying and holding to like never make any money. Most of them, their job is literally to make money for the people who are invested in them so that they can get more money invested and make more money so they make more money. You see what I'm saying? It's not in a lot of these people like Black Rockck, right? They talk about how much assets under management and stuff like that, but understand like those are the assets that were bought with the money that they're supervising. Like they're supervising money, right? And if they don't return or

they lose huge amounts of money, other other things are going to pop up and other people are going to go with them and not Black Rockck and they don't want that. So, and they're big enough to manipulate markets and be in with the government and stuff like that. I'm not saying they are, but historically and stuff, they definitely are big enough to have that kind of position, right? And with that, guys, we are well past two hours of streaming. Again, not looking for any kind of sympathy or anything. I just want everybody to realize like I show [music] up six days a week and stream for two hours. I don't just sit here and play video games in front of you guys. I try to deliver real value. But it's up to you guys to reach out and take

it to get that value. You can lead a horse to water, but you can't force a horse to drink water. Those are two totally different things. And I hope it wasn't too preachy. I hope you enjoyed it. I hope you found something interesting both in the teachings and what's trending. I hope that you're not excited that memecore dropped 80% today cuz I'm [music] not I only hold $100 of it. So, I'm not really that upset and I think I bought it like around a$130 or something. So, I'm not down as much as I would be if I bought it at the top. All jokes aside, [music] thank you everybody for being here. Shrekart says, "Thanks again later everyone. Appreciate everybody. Have a great night. It will be back tomorrow. Tomorrow is Thursday. So, we will be raising that Crypto

IQ once again and looking forward to Friday, which is DeFi Friday. [music] One of my favorite streams of the week and then Saturday and then a new series in Onward forever for the next foreseeable future. Have a great night everybody. Stay underground, stay crypto, and uh you know, consider throwing a super chat in the next one. Eh, underground crypto out.

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