Which Crypto Token Actually Captures Real Value? HBAR vs RENDER vs ONDO | Daily Crypto IQ

But let's talk about what we did this week, right? So, HAR has processed enormous amounts of activity. Render sells genuine GPU work or service and Onondo has brought billions of dollars into stocks, treasuries, and yieldbearing assets on chain. All three can claim that they have re real utility, right? But that doesn't tell us whether HAR render or ono token deserves the valuation that the market has assigned to it. So we're going to separate product success from token success. Identify the strongest economic connection and announce the official winner out of the few that we've done today or so far. I mean this week or so far, right? How's everybody doing on a Saturday night? Hopefully it's Saturday wherever you are. Make sure we're caught up on the chat. All right. So, throughout this week, we followed $1 of economic activity

through three completely different crypto systems. The question was never simply whether people use the product. That wasn't our aim here. The question was when somebody uses the product, does any meaningful value reach the token? Tonight, we're going to put that evidence side by side so that you can see it. Let's talk about this 4hour BTC chart real quick. So, as you can see, it's hard to ignore what looks like it could be setting up for a shoulder head and shoulder, but that's yet to be seen. Really, this support here is what we're watching, right? And we're been held down by the 21 since we were about up here. The 21 is the white line on my chart and this red line is the 200 day moving average. And you can see we went down, it got held up, down,

and it held us down again. And so, is it going to force us in here with this support? Do we pop up and get above it, or does it drag us down? And that's kind of what we're watching, right, for BTC? Now, hopefully you watched the Lifer and his technical analysis, as this is not really a technical analysis show in any way, shape, or form. This is very much a research crypto research stream. So, we're going to keep that focus as we move along. Here are the crypto bubbles. But what I really want to show you is the notes that I have for tonight. Here we are. So, we wanted to put things kind of side by side. So, render of course is distributed GPU rendering and computation. It scored a 68 out of 100, winding it on our

watch verdict or watch list. Ono and H bar 61 and 60 didn't quite make the cut. They're just speculative, right? They're not quite on our watch list and definitely not something that I'm like, let's go ahead and buy. We were supposed to do a right, but I had to miss a stream in order to do an interview is what it is. Chris Goss in the house. 333, my fellow lifer. givers gain. Uh, don't forget that whatever you give out is coming back to you. And I got rid of the ad revenue so that you guys could have a better viewing experience. So, tonight when you're not interrupted by ads, uh, remember to smash that like button for me. So, a difference of one point is not scientific precision, right? Ono at 61 and H bar at 60 belong in

the same general risk range or category. The most important difference is the nature of their unresolved problem. Right? So if you've been following along all week, you'll understand what I'm talking about. Ono has a strong products but weak direct token capture. HAR has required token utility but has extremely low fees. So think about this dynamic here, right? Onondo just didn't even make their token required for any of their products. Okay, that lowers the barrier of entry for people using their products who are not crypto people. HAR on the other hand did require the token to have that utility, but the fees are so low that it still fails to capture any significant value. and render has the clearest product to token mechanism, but the scale of the burns must still justify the valuation. Meaning there's a lot more tokens

coming into the supply than what is being burned. I believe for render it was about 1 million burned in 2025 and 5.5 million into the circulation. So that is relatively important if you ask me. So crypto investors routinely confuse four different things. a respected company, a useful network, and a growing product, and a token that captures economic value. See, most of us are down here buying a token because we believe in these three above. We believe, oh, the company's heavily respected. They get a lot of usage. They have a real use case, the company does, and their product is growing and growing in demand. So that so we think that must mean the token is going to go up. Now in one way or another there is some truth to that because people are going to think the same

thing that you think but that's very different from the ecosystem the economics of the company and the way that things are put together actually flowing into the token very different thing and they can overlap but they are not interchangeable. So this week gave us three different versions of the same tension and that's why these three coins were picked. Hideera activity requires har but each transaction may contribute only a tiny amount right. Render connects completed go work to render burns because in order to use render service you must buy render points right with actual render and that render gets burned. But it also distributes emissions meaning it also brings more render into the supply. Ono financial products are growing rapidly but is currently a governance token. Really is a governance token is what we really found out rather than any

direct claim to a product's revenue. So why do you care about that? Why should you care about that? Well, if a product's growth can occur without increasing scarcity, cash flow, required hold holdings, or enforceable rights for the token holder, then investors may be buying exposure to a story rather than the underlying economics. So, tonight winner must answer five questions. Is the product genuinely used? Does usage create revenue or fees? Is the token required in the ecosystem? Does the token capture more value as usage grows? Can inflation emissions or unlocks overwhelm that capture or be bigger than the burn? That is what we're setting up here. So, of course, signal versus noise. We talk about stories and we kind of talk about which ones are important or what [music] about the story is important and which one is noise or

not important. Right? So, global markets entered the weekend under renewed pressure from high energy prices and rising borrowing costs. Routers reported that Brent crude approached $110 a barrel, I assume, while the US 10-year Treasury yield moved towards 5%. Well, when relatively low risk government debt offers a high yield, so when lowrisk speculation has high yield, speculative assets face a higher hurdle because people want to put money in a safer place and they can get a good yield. Now, to me, 5% is not a good yield, but traditionally that's actually a pretty good yield. So, a token must offer a stronger economic case when investors uh can receive sub uh substantial yield without assuming smart contracts, tokenomics, or execution risk. Meaning, if you have big money, why would you want to come play over here with millions and millions of

dollars when you could just buy government debt and get 5% on your money? To me, it's kind of obvious because you could get a lot more than 5% messing around over here, especially if we're about to kick off a bull run. Well, signal or what matters is this does not determine which project succeeds, but it makes weak value capture structure harder to justify. So, there's no stock and no claim to the actual company's revenue, right? So, for us here in crypto, it's the token. Some companies have done a fantastic job of making sure that the token is highly usable in their ecosystem and therefore utility and value capture. Other ones not so much as you should have learned this week over the stuff that we went over. And if you're here, throw something in the chat. Let me know

that you're here. So, the liquid network incident, right? We've talked about this a little bit. Attackers withdrew approximately 319 million in Bitcoin from liquid network during the week. Blockchain intelligence firm TRM Labs reported that approximately 85% was later returned. So they got about 85% maybe they kept the other 15% as a finder fee. I don't know. The incident reinforces a lesson from every scorecard. The security of a crypto product includes every bridge administrator oracle serer and settlement system around it. Basically all infrastructure within that ecosystem matters. It's signal because this definitely matters, right? Returning most of the funds reduces the financial loss, but it does not erase the architectural weakness that allows that withdrawal to happen in the first place. And can it happen again? Maybe next time it won't be somebody who will give you 85% back. So

regulators are watching tokenized markets. Europe, right? Let's talk about Europe here. European security regulator ESMA warned that tokenized equities remain small but could eventually affect market structure as crypto becomes more integrated with traditional finance which is what we are moving to. All right. Why does it matter? Well, for Ono, tokenization is moving beyond a theoretical crypto narrative. That creates opportunity, but greater adoption brings a greater scrutiny over investor rights and custody, market manipulation, redemption, crossber access, and the legal relationship between tokens and the underlying securities. Early signal, so an early important thing, but it's not really here yet. that regulatory attention validates the importance of a sector without guaranteeing that captures any of that growth. As we went over about the Onondo token, pretty weak on the value capture. It is essentially a governance token, right? So, every token

must be traced through the same sequence. its product, its payment, its revenue fees, token mechanism, leakage, dilution and holder outcome. So the product, what useful service is being delivered? Product those that goes hand in hand. I hopefully you guys understand when I say product, I mean what service digitally or otherwise is being offered. Payment, who pays and what are they paying for and what are they paying in like what currency do they have to use a native asset? Revenue or fees? Where does the economic value enter into the ecosystem? Token mechanism. Must anyone buy, hold or stake or burn the token? So, is there any utility for the token inside that ecosystem? Leakage. Who receives the money before token holders benefit? Is it the treasury? Dilution, of course. Do emissions or unlocks offset value captured? Right. So, you can

be capturing value, but if we're putting way more tokens into the supply, well, that brings it down rather quickly. And then, of course, holder outcome, that's most likely you. What enforcable economic benefits remain for the people holding the token? So HAR the network service is used for render GPU work is purchased and foro financial product is purchased for HAR fee is priced in USD. For render the job is priced predictably for the people who want to use the rendering service and foro assets earn yield or generate fees. So we have three separate paths of the value but do they ultimately end up in the [music] token right so for H bar a fee is paid in har that's good for har payments convert into render that's good for render product economics flow through the product structure that's good for

the company autoondo financial but not necessarily the token so you can see the weakness ino's value capture small network fee is collected for HAR render is burned after the work is done but's governance and DAO and flux finance right so all of that haso is really only good for the governance right which can change some things it can have a meaningful use case there's been talk of ano chain but they seem to have decided they were going to do ano network which is very different for H bar staking in security creates additional utility for har node operators receive emissions in render. No automatic product revenue is distributed to at all. So out of these three so far, is the one that doesn't stack up, which is very interesting cuz when we started this, I didn't necessarily think that was

going to be the case. But that's why I do this, guys. It's not for me to be the smartest person in the room and try to tell you I know everything about crypto. It's for us to grow as a community and learn together on the stream. And I enjoy it either way. I'm going to be here either way, whether there's four people here, one person here, uh, or a thousand people here. And that's the beautiful thing about my channel is I'm not here for clout. I love doing this research myself. So, I'm going to be here regardless. So, HAR requires enormous scale to really bring any value capture to the token. Of course, render must compare burns with emissions. And it has, you know, again, using the year 2025 as an example, it burned about a million render. And

you might think that sounds great, unless I was to tell you as well that they put out 5.5 million tokens. Well, you're about 4.5 billion tokens or sorry, 5 4.5 million tokens short of deflation. and Onondo's product can grow without the token capture of any kind. So, I'm glad I didn't go hard on Onondo. I owned a tiny tiny tiny tiny bit of it. Um, but I'm glad now. I was thinking, man, if this thing takes off or if tokenization really takes off, could benefit a lot and I'll be glad I don't hold it. Now, I'm like, now I'm glad I don't hold it. That is why we educate ourselves and raise our crypto IQ here at Underground Crypto Deep Dive Research Show. So, smash that like button for me and uh subscribe to the channel. Little bit late

of a stream on Saturdays. It's 10 p.m. because we want to do it after my mentor stream, the lifer, but 8:30 p.m. Monday through Friday. So, what the product proves, let's talk about Hideera. Hideera offers of course fast finality. And again, we are wrapping up the week. So, some of these things you might hear, again, remember, and you'll hear me say this a lot, repetition is the father of learning. You need to hear things, in my opinion. It's my opinion, but you need to hear things many, many, many times before they stick with you to the point where you can access them off rip when you need them. If you've heard it one time, you might remember, you might not remember. So, Hideera has fast finality uh predictable USD denominated fees, consensus token and smart contract services, enterprise orientated

governance, institutional tokenization and identity applications, har denominated [music] payments for network services. Hideera currently advertises more than 71 billion historical transactions. It's a lot. Fees beginning around 0.001 00001 and more than 10 million network accounts. Again, look at these fees. That's where it starts. But man, that is low. So, not a lot of value captured in fees. These are network reported figures and should not be treated as independently audited economic demand. It's a good distinction to make when you get your numbers directly from the company. I don't know, maybe they're accurate, maybe they're not. Maybe it's in the company's interest to tout real figures because they have them. Or maybe it's in their interest to tell you something otherwise because they don't. So where does value enter Hideera? Well, every Hyera network transaction requires a fee paid in HAR.

It's a big utility for the token and that establishes real utility. Har is not merely a decorative governance attached to an unrelated product. Ono. I think I think they're talking about Onondo there. So, a portion of network fees also reaches Hyera staking reward account where the value leaks in Hideera. So, Hideera internationally [music] prices services extremely cheap. That is excellent for users but creates a difficult token capture uh equation, right? Very low fees times enormous transaction volume. still only equals a modest revenue. So because fees are denominated in dollars and converted into har, a rising har price reduces the number of har required for the same transaction. Meaning and I'm just throwing, you know, a number because it's really like 0.00001 0001 or whatever, but let's just say, let's just assume that it was 50 cents for a transaction

on H bar. When H bar goes up, it's still 50 cents. It's just whatever amount of H bar equals 50 cents. You get my point? where if the fee for a transaction was measured in HAR and it was 5 H bar when H bar went up more revenue would be made because each H bar is worth more. So that is an interesting dynamic as well. And you may not know this but more transactions does not automatically create proportional HAR demand. The economically uh economically relevant measurement is not merely how many transactions occurred. It's not that simple. It's [music] how much nonsubsidized fee revenue did those transactions produce. The strongest bull case here for HAR enterprise applications could eventually generate such large persistent transaction volume that even tiny fees become economically meaningful. Meaning we need everybody on the planet to

use HAR for it to really become a huge value capture for the token holders of that token. But at least you're not just holding a governance token, right? Strongest bearish case is that headline transaction counts can grow without producing really any revenue to support HAR's market valuation. Meaning of course money doesn't flow into the token. So, our verdict is a 60 out of 100, making it speculative, right? We could look for things to change. And another big part about raising your crypto IQ and all of these token autopsies is now we know what to look for. So, if you see tomorrow that HAR has decided that they're going to quadruple their fees because their fees are so low, they could quadruple them and people would still think that they were low. Now you know that H bar would have

the ability to really quadruple in value at that point. That is a good thing to know. So let's talk about render. Render network and of course render token. So render network connects creators needing GPU work with operators supplying GPU capacity. It's pretty simple. They're a middleman for GPU access. Its utility is very understandable. Rendering, if you don't know what rendering is, it's like making images and videos and things like that. That's just to say it really simply without going into any detail. Uh three-dimensional creative work, right? Visual effects, AI computation, workloads, and distributed GPU. This usually is hard to do inhouse because you need a ton of hardware and equipment. But if you can outsource it to many many people who have that equipment, you can get a project done much faster. So where is the value even entering

that ecosystem for render? Of course, when creators purchase completed GPU work under the burnment equilibrium system, jobs can be priced in fiat equivalent terms. After work is completed, the corresponding render is burned. node operators receive render emissions for supplying the work. So it's kind of a weird as they call it equilibrium system [music] where render is being burned but the node operators are receiving render for supplying the network or the work right so it kind of is burned and released all at the same time. This creates the week's most direct relationship. More paid work creates more burned render. Where is the value leak for render though? Well, burning tokens does not automatically make render deflationary. The correct comparison is that tokens burn through demand versus tokens emitted to operators and other participants. Which one is bigger? So, Render's own

documentation described a declining emission schedule and a list of 5.9 million render for its 2-year schedule. What you may not know is that a token can have genuine burnbased value capture while remaining inflationary overall because of emissions. Tokens were burned is an incomplete statement without asking how many were burned. This is the higher IQ stuff. See, tokens were burned or this coin burns tokens is the headline that if you haven't taken the time to learn and raise your crypto IQ, you read it and you go, "Oh, if tokens are being burned, it must be becoming more scarce." But those who have raised their crypto IQ will say, "How many were burned? How many were emitted? Was the work purchased by genuine customers and not subsidized by the Treasury through grants? How concentrated was demand and how does the burn

compare with tokens valuation? Bull case here for render is growing demand for rendering. Obviously AI computation creates measurable usage driven through token uh destruction or burning, right? So AI rendering and things like that is on the rise a lot like bigly huge to use words uh that I feel like capture the sentiment there but the bearish case is that GPU demand may grow without render actually capturing it right they could use other services while emissions may exceed burns for a long period of time making it inflationary and therefore not anything amazing. Shout out Struggart 111 in the chat. Let me know he's listening out there. So, our verdict for Render is a 68, which is actually a pretty decent score and winds it on our watch list, right? So, Render wins the week because its token has the clearest

relationship with customer activity, not because every valuation question has been resolved. So from these three, okay, this is our final one. Ono. We haven't done Onondo yet, right? It's getting ahead of myself. So number three, what the product proves for Ono? And remember, I'll give it away right now. Ono was the weaker case. But why? Why was it? Stick around, find out. Ono has the weakest, strongest visible product uh adoption case or token value capture. It reportedly 1 uh 1.04, let's just call it 1 billion in Onondo stocks, 2.2 billion in USDY and 339 million in OSG, which is considerably less. Remember OSG is only for accredited investors, right? Average person can't buy this and I think that reflects in the numbers here and it has more than 450 tokenized assets through stocks. These are live company reported figures

and will change over time. Ono is building genuine infrastructure for tokenized stocks, treasury exposure, yieldbearing dollar products, institutional minting and redemption, and cross-chain financial distribution. Now, this is one of the places where I think one of the most important lessons of the week lives and I think a lot of people might let it go over their head here because nobody I think ino ever promised retail us dumb money that their token was going to make them money. You know what I'm saying? like they never see this is an assumption that we have to get away from. We have to do token autopsies and we have to do the research and actually figure out if the economics of a token tokconomics capture value. I know I say it a lot, but it's what else is there, guys? Like what else

is there? If you're out here taking your hard-earned money and buying a crypto coin, what else matters? We can be cheerleaders for great projects that are doing revolutionary things in blockchain. That's fine. And I'm all for it. I'm a big fan of Bondo, actually. But we're not going to pretend like that's the greatest place to put our money. Remember, this is never financial advice. This is just research. We're breaking it down how value of a token is captured and why that matters. But my big point here is that we need to look at tokens less like all of them do the same thing as far as how they relate to the products associated with the company, right? and that there's always going to be this increase in value. Ono token is essentially a governance token and then what value

do you think a governance token has and things can change through governance. So there's value in voting power, right? There's value in having a voice in Onondo. There's value in that governance token for governance reasons. But I'm willing to bet that most of you who hold Onondo, including myself, I include myself in this had made an assumption years ago or recently for me it was many years ago that Onondo was going to be valuable because of what the company is. We got to get away from that. I think that's what's messing up our portfolios. And it's been a big thing that I want to make sure everybody understands here in the underground crypto community because uh I just don't know what is more valuable than that. Please somebody drop in the chat what you feel is more valuable than

knowing or having a clear understanding of how value enters your token aka the price of the thing you bought goes up. Right? If we want to really make it simple. So where does value enter on? Right? Economic value can enter through asset management, economics, product fees and spreads, issuance and redemption, infrastructure services and partnerships and distributions. Where the value leaks though is official Onondo Foundation documentation defines Ono as a governance token for the Onondo DAO and of course Flux Finance. It does not describe as equity in Onondo Finance or an automatic claim on revenue generated by Ono's financial product. This creates the largest product verse token gap. Right. Good evening. Good evening. Welcome in. Welcome in. Thank you for being here and thank you for letting me know you guys are listening. So the structure supply here is initially

10 billion ono. No scheduled inflation beyond that supply. Investors and team allocations follow multi-year release schedules and locked ono can still participate in governance. Unlocking existing tokens is technically different from inflation because they're technically already counted as minted onchain tokens, but both can increase liquid market supply. What you may not know is Ono could become more valuable because the market expects future governance power or future value capture. Either one. People speculate on it. That's basically how it could go up. But that is an expectation, not the same as a present contractual right to product revenue. And you'll say, "But but Eugi, how come?" You're saying it what? It won't go up. It'll go up. We're in a bull market. People will buy it. Yes. But is that the same amount of potential for growth and value as another token

like Render or of course uh many of the other ones we've gone over that actually do a good job of capturing value. Of course could have a lot of speculation but so will all the other coins. So if Ono token only has speculation and no real token value capture and then another product project has speculation and token value capture, well then which one do you think is going to do more multiples for your money? That is kind of what I'm hoping you're going to see. So strongest bullish case here iso becomes indispensable real world asset infrastructure and governance eventually gains control over economically meaningful fees or treasury value. Its strongest bearish case though is that products succeed spectacularly. While most economic value occurs to product holders, service providers and operating businesses rather than theo token holder. That's why it

got a 61 and is speculative. So, is a strong product story with an incomplete token thesis is probably the best way to say that. And I kind of want to get away from being overly repetitive here. Here's our final verdict here with render kind of on top of things for this week. Um, and I'll have a more updated one for everything. So it says each token actually won, right? So every token had things that were is good for it, but which one is good for your wallet? Capital One, what what's in your wallet? Let's take a look at where Bitcoin is tonight. That's kind of my wrap it up for the week. And I think it's good to do each token autopsy and then come back on Saturday and talk about all of it from the week, right? So

we can say, what did we gain? Because I don't think you guys realize I don't just pick three random tokens to do a token autopsy on. I put some kind of idea or narrative or thought behind that so that there is a clear reason why we're doing what we're doing this week to to make it more than three or four random token autopsies with a DeFi Friday at the end. Right. So, let's talk about Bitcoin 77,243. How do we feel about that, right? What do we think about the fact that Bitcoin is down on the 7day? But Ethereum's up 1.4. That's an interesting dynamic. Uh, and Ethereum's holding over 2500, which is nice. Let's do a quick rundown. B&B is 728. XRP $137. Salana $101.91. Call that 102 bucks. Zcash $1,124. Zcash is on a pump. The question is,

is it going to dump at some point or is $2,000 Zcash the next move? That is the question. Dogecoin chilling at 8.5 cents. Nothing spectacular there. A little bit of a pullback for Hyperlid, right? And Doge and Rain and Monero and a few other coins like Chain Link getting some pullback as Bitcoin has shown a little bit of a cool off. But let's go take a look back at where we started. Trading View Trading View. Let's go here. Right. So, we talked about this the other day, but it was the end of Friday's stream, right? and we had been gaming. So, a lot of people were probably checked out or they didn't hear what I had to say. It's all good. Basically, from my lifer vision that I picked up over years, we pumped. That was great. And now

we chop in this range. So, you have a high, you know, averely of 81,400, let's say, and a low, let me get rid of that ugly line there in that other one. and a so a resistance of like 81,05 and let's say a support somewhere around 76,500 and we're in that range and we went up and then we came back down and we went up and then we came back down and then we even spiked up real fast and came back down like all in the same 4hour candle right now. What what I see a lot of times, here's what I see a lot of times as we turn bearish and we start being pushed down, right? Is the 21. Got to respect this 21, right? You can see here where price action. Yeah, I'm getting too many lines.

Let's Let's zoom in, guys, so I'm not so it'll make more sense. Dang it. Drawing lines. All right, here we are. So you can see the 21 here. This is what I notice when we start kind of having a little bit of trouble in paradise is that the 21 curves and here's the 21 and you'll see price action keeps trying to pop and then getting rejected off the 21. pop rejected and now we're going sideways and we're getting to the point where we are meeting this 21 which to me seems like a bit of a decision period, right? We're rather going to get above this 21 and get out from under its oppression or we go down to the 200 and then we'll see at the 4 hour 200. But what seems to be pretty obvious to me here

is this. Is this not usually the bearish continuation pattern? Also, it's a little bit of like a 50/50 pattern, right? Is it kind of perfect? Nah, I guess not. But either way, um I wouldn't be surprised if we continue to get rejected by this 21 and don't potentially get a bounce until somewhere around the 200, which you know the 200 will come up more like here and they'll meet somewhere like there or is this support at like 765 7600 going to be strong enough to hold us up? If it can if if support can hold us up then that sounds really bullish, right? That sounds like a very bullish thing and it sounds like we might not have much to worry about. Let the two let you know let us go like this maybe like you know something like

this and then that 21 comes up and then or 200 and then we bounce off the 200. But time will tell. I don't pretend to know what is going to happen here at all. And we will have to see. Let's see what that one hour. You're under the 200 for the one hour, right? And the 15 minute. Just kind of throwing a little extra sauce in time at the end of the stream. Yeah, I think we're all ready for a pump, right? So, I hope you guys like the conclusion of today's show or today's weekly token autopsies. What else? Does anybody have any uh anything interesting to talk about? Any questions? You know, we are a community in a crypto family. Anybody got anything out there? Anybody eyeing any trades? Anybody uh anything of that nature? Cardono's at 20

cents. Canton network. Wow. Canon network's down a good bit. Interesting. Down 10% back under 10 cents. Har seven and a half cents since we talked about it so much this week. Shrugged heart says, "I'm tired out today." I'm with you, man. We just had a little barbecue here and ate tons of, you know, food. So, it was a little bit rough coming on stream. Tried to catch a little bit of rest, but you know that uh 30 minutes after eating a bunch of food, not enough time. So is about 72 cents. We haven't done this in a while. Oh, meme core getting a little bit of a pop. So I think it's interesting in my opinion that BTC seems to have kind of taken a little bit of a tumble, but some things are kind of like we're going

to stay we're going to hold. We're going to hold, right? And we're going to stay steady. Yeah. Spicy food. Exactly. Those habaneros and those jalapenos we were eating had us sweating. Well, I'll give a couple more seconds. I could hop off. I will just mess around on my Sunflower Land account for a minute. Oh, no. Not more of the CLLD AAI token pre-sale. Hiya. Anybody know who Uncle Rogers is? Absolutely hilarious for you. Anyways, um yeah, whoever saying that in the chat is probably a bot or a Schiller or a Schillerbot. I would not go looking that up. But I think most people here, one of the beautiful things I was telling Blues Guy today about our our group is that we attract people who really want to learn. Those are the people who stick around and come to

the streams. And although that person is a little bit far and few between because most people lack uh the confidence in themselves that they can learn, right? Most people are checked out, especially people over 30, you know, they're like, I I'm done. I went to school. I have a job. I make money. I pay my bills. Uh I'm not really seeing a whole lot of increase in my future. I am where I am and that's whatever. You know, Shrugart says I'm listening. Absolutely. Uh but you know, the people who come here to this stream are usually higher quality people because they want to learn. They want to gain some kind [music] of understanding or advantage in the cryptocurrency asset class market, however you want to look at it. And uh it's definitely quality over quantity. I forget where I

was going with that. Let's be honest. I'm stuffed [music] and uh feeling kind of tired. I got the meitis, you know, where you get really tired. But if you're somebody who comes to this stream and listens often, definitely pat yourself on the back. Not because I want to like be like, "Oh, you did the right thing by coming into my channel." But because we giving you a ton of information that most people are not caring to understand. What does that mean? It means that as things begin to pump, they didn't care before. They're going to run in with their money. They're not going to know if a token has good token value capture. They're not going to know if things have the potential to pump or not. And they're going to throw their money at whatever. and they might

make a little bit of money, but they're not going to make anything near what they could have if they knew how to tell token value capture. And I'll leave it at that. You can believe that, you cannot believe that. It's all good. Knowledge is power. Exactly. So, another way to say that is like you can make your dreams a reality or you can work to make somebody else's dreams a reality. But at the end of the day, dreams are always becoming reality. The question is, are they your dreams? Are you just forever working for somebody else to help them build their dream, which can be good? You know, I don't I want to I want to, you know, disclaimer that with especially when you're young, working for somebody else so that you can understand how things work is great,

but you get to a certain point where you got to let the bird fly, you know? And I'm just chatting with you. I don't have any uh exact any direct agenda here. But uh I really believe that this token value capture series that we're doing right now is probably some of the most valuable understanding of crypto assets that you could possibly get for what most people are concerned about. If your concern, if your main concern, and there's somebody out there, I'm sure, whose main concern is blockchain technology revolutionizing the world, okay, and that's great, and I'm there with them. I think it is, and I think it will, but in the meantime, like, I'd like to speculate and make a little bit of money, too. Can't just be a cheerleader. Like, you know, it's got to be an ability

to increase some wealth. Never financial advice. Of course. Of course. Why would I give you financial advice? That would be a terrible thing for me to do. According to some people who want to be the only people to give you financial advice. It's kind of like we were talking about Ren oro as a product that's only for accredited investors. You know, do you do you ever think about the fact of investors is basically them just saying, you know, uh only the people with a lot of money get the opportunity to turn a little bit of money into a lot of money. And because you don't have a lot of money, you don't even get the opportunity to do that. But you know why? Everything is always disguised under the guise of security or uh safety. You know, we're trying

to make sure that the little guy stays safe and he doesn't turn that $100 into $10,000. We got to keep him safe because what if he loses his $100? He's just a little guy. He's broke. He's poor. He can't afford to lose $100 or $1,000 or $10,000. He can't afford that. So, we'll just cut him out of the game so he can have no access to multiplying his money by being early on things. And uh we'll just let the rich people do it. We'll let the rich people multiply their money exponentially by being early on things. That's the only reason they have money and they're allowed to buy what you can't buy. But how come I can't? Crypto flips that game upside down. Crypto says, "Hey, you got $100. Come throw it in the pot." And hey, you with

100 million, you come throw it in the pot, too. And when this thing increases, everybody's increasing accredited investors in America and stuff. I don't know how it works in other countries, but you have to have at least a million dollars or be approved some some other way, but at least have a million dollars liquid in the bank. So, it it's definitely very interesting and doesn't seem like it allows the people with less money because I use $100, but let's be honest, most people could probably scrunch up $1,000. They wouldn't mind turning $1,000 into $8,000 or $10,000. It wouldn't hurt their feelings, but they can't handle the risk cuz, you know, they're retail. They're dumb money. They can't handle that. It's kind of nonsense. But anyways, I hope you understand my rant. I hope you understand what I was trying

to convey there. And that was just a little bit of sauce at the end of the stream to raise your crypto IQ in a way that I had not even planned for. Tacos is power. I love it. Struggart. Love that. Uh Blues Guy says, "This is where we build a portfolio. When everyone is busy building something else while we learn with Eugi in a bare market, then we are the lucky ones." That is typically I mean that's not just because you watch this channel but it's because of being close to the bottom of the bare market. Right. Early bird gets the worm. Scare money don't make no money. Exactly. Exactly. Well, it was a lot of fun everybody. I see some people hopping in. Smash that like button for me. You're coming at the end of the stream. 8:30

p.m. Monday New York time. We will be back at it with another token [music] autopsy to kick off the week and find that value capture. But tokens actually set up their economics in a responsible way that captures value for the people buying into their token. That's all we really care about right now in the bottom of the bare market as we look for what in the world would we want to speculate on? Aka invest, speculate, invest. Same thing. Anyways, never financial advice. Stay underground, stay crypto, think long term, and I'll catch you in the next video. Have a great night, everybody. Of course, like the numbers just keep going up. What is going on? I was I'm I was getting off.