I want Apple to just be vicious with people.
- "Listen, you freaking tubalard." - Oh, man.
- "You haven't moved off the couch in six hours." - Well--
"Except for to walk to the fridge!"
"I know where your fridge is at."
"Now, go do a push up!"
Rest in peace, Jerry Springer.
Just heard the news.
- Very, very sad to hear. - Yes.
I grew up with the mania that was Jerry Springer when it happened
- late '90s, - Me too.
mid to late '90s,
where basically every episode erupted into a brawl.
At the time, we hadn't seen anything like that,
at least on network television during the daytime.
And I would get home,
I would catch I guess the last 10, 20 minutes of an episode,
and, yeah, it was entertaining.
It was a snapshot.
- It was a microcosm of the times. - Yeah.
But, yeah, rest in peace, Jerry Springer.
Hit that like button if you ever got any joy or entertainment from watching that show.
Did you have any Jerry Springer memories, Drew?
Just coming home from school,
and, you know, I'd get in trouble from my mom for watching it.
You know what I mean? It's a little bit edgy for younger kids to be watching.
But it really opened my eyes early on to the possibilities within society.
Absolutely.
So big shout-out to Jerry Springer.
- He was an icon of his time. - Yeah, this was before, you know,
- the judge shows took over everything - Yeah.
and, you know, at the time, Oprah was like the biggest thing in daytime.
So on one end, you had Oprah.
- She's making Dennis Rodman cry. - Yeah.
But then on the other end, you got, you know, the cheating husband is crying
after getting hit in the head with a chair by his rotund baby mama.
So, yeah, it was pretty entertaining show to watch back in the day.
Bitcoin leveraged longs liquidated after brief mid-week recovery above $30K.
You had a lot of people feeling long,
and yoink!
If that doesn't wreck some longs, I don't know what will.
To put things into perspective,
the market cap fell by roughly $49 billion from the highest point on that day.
That makes the 26th of April the most volatile day in, dun, dun, dun,
- the last seven days. Okay. - Gosh.
So really not that crazy.
Despite that, the sharp crash, the market recovered slightly.
Many traders saw the recovery as a sign of demand and a possible push past the resistance range.
As such, many traders in the derivatives segment were convinced
Bitcoin would offer a good rally,
hence they said, "Let's go long, baby!"
This explains why Bitcoin's recent slap-down resulted in heavy liquidations.
I like that. Bitcoin's slap-down.
Report concluded that the recent failures of crypto-friendly banks have fueled debate
whether they're managing their liquidity risks of the market well.
When I hear liquidity risks of the market from crypto industries,
it just means, yeah, sometimes, they make billion dollar moves real quickly.
- Yeah. - And they're probably not used to that.
And, you know, you could have a pretty big company.
What's in the news today?
Puma
Puma has a little NFT, you know.
Puma, historically, they're probably not moving that much money.
- Right. - You know, maybe,
"Oh, we've got to buy some shoe laces from Thailand, you know?
Oh, you know, they gave it to us at a good price.
Here's $2 million, you know, maybe?"
Something like that. But then imagine you do a metaverse play
and then you raise $120 million in 24 hours,
and you're like withdrawing it to pay a thing,
and all of sudden, whoa!
No, there's just a lot of money.
The money moves quickly in crypto.
And so the banks with their legacy system with the takes multiple days to clear things,
it's got to go there and clear this house and come here,
then, you know, seven days later,
it's finally, like, concluded on some bank's balance sheet.
It moves too quickly for them.
And they can't handle it.
And it scares them.
It freaks them out.
Why?
Because it's a better system.
It's clearly a better system.
And this old antiquated system can't handle it.
Reminds me of--
imagine trying to drive your model T on a horse road. Right?
It's going to be full of potholes.
- You're going to be flinging feces into your face. - Yeah.
Literally.
And so it's not meant for these rails.
And I think we're seeing a similar situation where crypto just moved beyond banking.
It's bigger than banking.
And banking, it just can't handle it.
They're losers.
First, by Ice Bagz,
Pentagon: We misplaced $5 trillion.
Department of Homeland Security: We misplaced 85,000 children.
IRS: We saw you just paid the lawn guy through Venmo. Make sure he gets a 1099.
Big announcements in the world of AI from TikTok, Boston Dynamics, Replit and Apple.
I'm just going to scan through this real quickly.
TikTok has new AI avatars.
You can see them like kind of upgrading the faces there.
It can be used once a day.
So you're going to have some AI avatars.
Next one,
Boston Dynamics put ChatGPT into one of their dog robots.
No!
Now, it can effortlessly communicate complex information to humans.
Yeah, that's not scary.
That is not scary at all.
Replit, that's just like coding thing.
And then Apple reveals plans for Quartz,
AI-powered health coaching service.
So, hey, you know, hey, get off the couch.
I don't know.
I know I'm going to be wading into some treacherous waters here,
but dang it.
I'm Deezy.
I'm going to do it anyways.
We're kind of in this fat acceptance movement right now.
And so I wonder how genuine Apple's going to be with
no, like, you are out of shape and you do need to get off the couch.
- I want them to get mean. - Yeah.
Not mean in like, you know, someone's going to slit their wrist type of way,
but, like, really motivate somebody with some pain.
You know what got me?
I was--
several classes, I was the shortest and fattest boy or fattest kid in my entire class.
I'm talking about eighth, ninth grade.
I think around ten, I started slimming up.
You know what really made me want to lose a little weight?
It was one of those group things where the teacher's like,
"Alright. You're paired with this person, this person."
I think he maybe wrote the names on the board.
Someone was about five seats behind me.
Me and my buddy Chad were the two fattest kids in the class.
And some girl, she's probably like some cheerleader or something, you know.
I'm in, like, ninth grade.
And she turned to the boy next to her.
He's a Chad, of course.
He had like chiseled jaw.
She said, "Who's Chad and Nick?"
He said, "That's the two fat kids."
And I remember that.
And you know what? That pain led me to want to make a change.
And was it bullying? Sure.
But did it work? Sure.
And so I want Apple to just be vicious with people.
- "Listen, you freaking tubalard." - Oh, man.
- "You haven't moved off the couch in six hours." - Well--
"Except for to walk to the fridge!"
"I know where your fridge is at."
"Now, go do a push up!"
- The UK-- - Can you crank the setting to that?
Do you remember the UK came out with what you're talking about
because their insurance claims and their health care costs started to get out of control?
So the doctors actually had to stop, you know, allowing it to just precipitate
and actually push back and actually realign what healthy eating habits are and things like that.
So I'm here for it, man, you know?
Stay active.
Stay healthy.
Health is wealth.
- Health is wealth. - Absolutely.
Alright. Alright.
- You're ready for this video here? - Yes.
So we're going to watch it.
This one's pretty funny, guys.
Alright. It's 11 seconds.
Look at this cool, cool haircut.
So cool.
Oh, wait, wait, he's like he's, you know.
He's like, you know, making sure it doesn't look silly when she--
- Oh! - Oh, my God.
- Fail. Fail. - That was--
One more time.
That's so bad.
Its argument's similar to a lot of the--
you see, they're analyzers of the blockchain space.
So, you know, they'll give you alerts, a wallet alerts.
Well, Arkham denies the alerts, the buggy Mt. Gox alerts,
to blame for the Bitcoin crash.
So they came out with a pretty good statement saying what happened.
"We conducted an investigation into this alert situation."
It came from an influencer DB.
And he had a screenshot where they determined were sent accurately,
but he set alerts on all Bitcoin transactions above $10K with no counterparties set
and named the alerts "Mt Gox" and "US Gov."
And so that seems to be the crux of the situation there.
Now, they did say, "Hey, he tweeted this at 11 after the hour,
and we started falling at 7 after the hour."
I think the tweet spreading, you know, was a positive feedback loop.
Or a negative feedback loop.
So, yeah, well, maybe it isn't Arkham's fault.
The propagation of that information was, you know, a big catalyst.
But if you want to check it out, Arkham, this is what it looks like here.
- It's kind of cool. - Similar to Nansen, I guess.
I just liked it for the layout, you know.
I mean, obviously, we have tons of tools and stuff like that to use,
but it's pretty user-friendly
and you can go specific to the address or the name.
Yeah, and if you go to their actual Mt. Gox wallet tracker,
you can see here that nothing has moved in years.
And so, yeah, it wasn't them saying Mt. Gox is moving things.
- It was someone labeling a wallet as Mt. Gox and US goverment. - Right.
Military drill instructor, he's yelling at you.
He said there's three types of people.
What three types of people, Drew?
- Lead, follow, or abort. - Those who get out of the way.
So there's three types of people.
Those that lead.
Those that follow.
Those who get out of the way.
Well, there's a fourth group of people and there's more every day.
And I feel like this wasn't so much the case 20 years ago.
I don't know if it was the case 50 years ago.
I definitely don't feel like it was the case 10 years ago.
And this is fourth group of people.
There's more and more of them.
And I blame everybody having the internet at their fingertips in anonymity.
And that fourth type of person isn't someone who leads.
It isn't someone that follows.
And it isn't someone that gets out of the way.
It's the guy that complains and gets in the way. Okay?
So you can either lead and help me,
you can get out of my way,
or you can follow what I'm doing,
but, no, it's that fourth person,
they're gumming up the works.
They throw in the wrench in the gears.
They're saying, "Oh, that's not going to work."
"Oh, Bitcoins a scam."
"Oh, I wouldn't trust that."
"Oh, I wouldn't get that NFT."
"Oh, I wouldn't watch that channel."
"Oh, boy, that is risky."
That's that fourth type of person.
And this is the worst type of person
because they don't even have the sense to get out of the way.
They're not even smart enough to follow.
And they don't have it within themselves to lead.
So, what do they do?
They see other people and they try to tear them down.
They have that crab bucket mentality.
You don't want the crab bucket mentality.
That's all that fourth person is.
They're just a stupid crab in a bucket dragging down the next person
because they don't want to see you succeed because they feel they can't succeed.
But we all can succeed.
And if you're watching this channel,
dammit, you probably will succeed,
especially if you keep watching it,
especially if you hit that like button,
especially if you are subscribed and got those notifications on.
That's all we got.
Deezy out.
Don't be that fourth person.