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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:01,044 --> 00:00:04,004 [RUMBLE] 2 00:00:02,000 --> 00:00:07,000 Downloaded from YTS.MX 3 00:00:08,000 --> 00:00:13,000 Official YIFY movies site: YTS.MX 4 00:00:17,060 --> 00:00:18,148 Hi, hi. 5 00:00:22,805 --> 00:00:23,849 Hello there. 6 00:00:25,460 --> 00:00:27,679 DIRECTOR: Welcome! Welcome. Have a seat. 7 00:00:27,853 --> 00:00:28,985 Thank you. 8 00:00:29,159 --> 00:00:29,986 HEXICAN 1: Hello. HEXICAN 2: Hi. 9 00:00:30,160 --> 00:00:30,943 DIRECTOR: And how are you? 10 00:00:31,118 --> 00:00:31,944 Really good. 11 00:00:32,119 --> 00:00:32,945 DIRECTOR: Fantastic. 12 00:00:33,120 --> 00:00:33,946 Sitting up straight. 13 00:00:34,121 --> 00:00:35,122 Ta da! 14 00:00:35,818 --> 00:00:36,732 DIRECTOR: And then what's this thing? 15 00:00:36,906 --> 00:00:37,994 That's my HEX medallion. 16 00:00:38,168 --> 00:00:38,995 Nice bling. 17 00:00:39,169 --> 00:00:40,388 You like the logo? 18 00:00:40,562 --> 00:00:41,432 DIRECTOR: We are going to play a game. 19 00:00:41,606 --> 00:00:43,086 Okay, sure why not? 20 00:00:43,347 --> 00:00:44,783 DIRECTOR: I'm going to invite you to pick a card. 21 00:00:44,957 --> 00:00:46,307 Pick a card. Any card. 22 00:00:46,481 --> 00:00:47,830 DIRECTOR: And based on what that card says, 23 00:00:48,004 --> 00:00:49,005 I'm going to ask you a question. 24 00:00:49,179 --> 00:00:50,006 Okay. 25 00:00:50,180 --> 00:00:51,007 One word. 26 00:00:51,181 --> 00:00:52,617 One word. 27 00:00:52,791 --> 00:00:53,792 DIRECTOR: One word. Okay, Here we go. Ready? 28 00:00:54,184 --> 00:00:55,229 DIRECTOR: In one word. 29 00:00:55,403 --> 00:00:56,708 In one word. 30 00:00:56,882 --> 00:01:01,713 DIRECTOR: Who is Richard Heart? 31 00:01:04,890 --> 00:01:05,891 Just one word? 32 00:01:07,284 --> 00:01:08,242 God. 33 00:01:12,550 --> 00:01:13,551 Messiah. 34 00:01:13,725 --> 00:01:14,813 Legendary. 35 00:01:15,205 --> 00:01:16,250 Hero. 36 00:01:16,902 --> 00:01:18,034 Master. 37 00:01:18,208 --> 00:01:19,905 The benevolent king. 38 00:01:20,080 --> 00:01:21,951 I don't want to say God, because everyone's going to say God! 39 00:01:22,125 --> 00:01:23,039 Winner. 40 00:01:23,213 --> 00:01:24,301 - Genius. - Savior. 41 00:01:25,650 --> 00:01:26,738 RICHARD: I'm the best human being in crypto. 42 00:01:26,912 --> 00:01:28,175 I raise the most money for charity, 43 00:01:28,349 --> 00:01:29,828 I produce the most self-help videos. 44 00:01:30,002 --> 00:01:32,179 I made a cryptocurrency that went up 1,000,000%. 45 00:01:32,353 --> 00:01:36,313 Whether you like him or you don't, he is genuine. 46 00:01:36,748 --> 00:01:37,706 Quarter million. 47 00:01:37,967 --> 00:01:38,968 Quarter million. 48 00:01:39,142 --> 00:01:40,665 Hate me. Hate me. 49 00:01:40,839 --> 00:01:42,102 I'm farther than you'll ever be in your whole life. 50 00:01:42,276 --> 00:01:43,146 Quarter million 51 00:01:43,320 --> 00:01:44,495 HEX. 52 00:01:44,669 --> 00:01:47,542 DIRECTOR: In one sentence, what is HEX? 53 00:01:48,064 --> 00:01:51,459 The best crypto asset in the world. 54 00:01:52,068 --> 00:01:53,765 Uh, cryptocurrency. 55 00:01:53,939 --> 00:01:56,594 Put it away for a period of time and it basically multiplies. 56 00:01:56,768 --> 00:01:58,857 Instead of offering the two percent you get 57 00:01:59,031 --> 00:02:00,990 when you put your money into a savings account, 58 00:02:01,164 --> 00:02:03,601 with HEX you can get APY of up to 40%. 59 00:02:04,036 --> 00:02:06,256 The longer you stake, you lock in your coins, 60 00:02:06,517 --> 00:02:08,040 the more interest you earn. 61 00:02:08,215 --> 00:02:12,262 Which pays the most incredible rate of interest. 62 00:02:12,741 --> 00:02:15,526 I've ever come across, around about 40% APY. 63 00:02:15,700 --> 00:02:18,747 You can just stake your HEX and enjoy the gains. 64 00:02:19,095 --> 00:02:20,052 HEX is freedom. 65 00:02:20,966 --> 00:02:22,011 There's no other word for it. 66 00:02:22,664 --> 00:02:24,361 This is the best potential in the entire world. 67 00:02:24,535 --> 00:02:25,449 If you get this right, you never have to work 68 00:02:25,623 --> 00:02:26,972 again a day in your life. 69 00:02:27,147 --> 00:02:28,148 But if you get it wrong, you lose everything. 70 00:02:29,149 --> 00:02:30,585 DIRECTOR: Okay. Next card. 71 00:02:30,759 --> 00:02:31,586 Hexicans. 72 00:02:31,760 --> 00:02:32,717 Hexicans. 73 00:02:33,936 --> 00:02:35,111 Who are Hexicans? 74 00:02:35,285 --> 00:02:37,244 We are here right now! 75 00:02:37,418 --> 00:02:40,203 The strongest, most loyal community in crypto. 76 00:02:43,728 --> 00:02:44,686 I'm a full time Hexican. 77 00:02:44,860 --> 00:02:46,166 I got a tattoo that proves it. 78 00:02:46,340 --> 00:02:47,776 Richard Heart supporting, 79 00:02:47,950 --> 00:02:50,213 crypto-loving, money-making enthusiasts- 80 00:02:50,387 --> 00:02:51,997 You know I'm going to fucking make it, man! 81 00:02:52,172 --> 00:02:53,477 I wasn't going to make it, 82 00:02:53,651 --> 00:02:55,175 I wasn't going to fucking make it man! 83 00:02:55,349 --> 00:02:56,872 Anyone who has bought into the philosophy of HEX. 84 00:02:57,046 --> 00:02:58,265 Fix the money, fix the world. 85 00:02:58,439 --> 00:02:59,309 And that's what we're here to do. 86 00:02:59,701 --> 00:03:01,529 HEX is the only real crypto out there. 87 00:03:01,703 --> 00:03:03,792 They can cut through the bullcrap. 88 00:03:04,488 --> 00:03:05,968 Can I say bullshit? 89 00:03:06,142 --> 00:03:07,187 They just cut through the fucking bullshit right? 90 00:03:07,361 --> 00:03:08,318 [RAPPING] Jackpot bitch! 91 00:03:09,667 --> 00:03:10,929 DIRECTOR: All right next card. 92 00:03:11,103 --> 00:03:11,930 DIRECTOR: It says? 93 00:03:12,104 --> 00:03:13,105 Scam. 94 00:03:16,152 --> 00:03:17,153 [SCOFFS] 95 00:03:18,110 --> 00:03:19,024 [LAUGHS] 96 00:03:19,199 --> 00:03:21,157 Is HEX a scam? 97 00:03:21,418 --> 00:03:23,246 Richard explained that a lot of times on stream, 98 00:03:23,420 --> 00:03:25,727 why it isn't a scam or a Ponzi scheme 99 00:03:25,901 --> 00:03:27,598 or a pyramid or something like that- 100 00:03:27,772 --> 00:03:29,426 DIRECTOR: So you're saying Richard told you 101 00:03:29,600 --> 00:03:31,341 the thing he made isn't a scam, therefore it's not a scam? 102 00:03:32,299 --> 00:03:33,300 DIRECTOR: Is HEX a scam? 103 00:03:33,561 --> 00:03:36,041 [LAUGHTER] Scam. 104 00:03:37,826 --> 00:03:39,131 That's a ridiculous idea. 105 00:03:39,436 --> 00:03:41,395 It's one of those things, one of those words 106 00:03:42,309 --> 00:03:43,571 that's difficult to shake off. 107 00:03:43,745 --> 00:03:45,573 No, no. This is this is definitely not a scam. 108 00:03:46,182 --> 00:03:50,621 This is the closest thing that you could call a Ponzi scheme. 109 00:03:50,795 --> 00:03:52,754 So go show me the person that's been scammed. 110 00:03:52,928 --> 00:03:54,669 All promises are met. 111 00:03:54,930 --> 00:03:55,887 Why a scam? 112 00:03:56,061 --> 00:03:57,628 One article titled 113 00:03:57,802 --> 00:04:00,675 'Richard Heart's HEX Token is a Brilliant Scam'. 114 00:04:00,849 --> 00:04:03,895 There- there'’s got to be something deep down on why... 115 00:04:05,506 --> 00:04:06,985 Why you're- Why you're saying this. 116 00:04:07,159 --> 00:04:08,422 Sorry, Richard. 117 00:04:08,596 --> 00:04:09,684 This is the dumbest fucking thing 118 00:04:09,858 --> 00:04:10,815 I've ever heard in my entire life. 119 00:04:10,989 --> 00:04:12,426 I don't like the way he acts. 120 00:04:12,600 --> 00:04:13,470 He richer and has more bigger dick than me. 121 00:04:14,471 --> 00:04:15,385 Not fair! 122 00:04:15,559 --> 00:04:16,952 He's just not a scam artist. 123 00:04:17,126 --> 00:04:18,606 These are the people that called Bitcoin a scam 124 00:04:18,780 --> 00:04:20,216 when Bitcoin was ten cents. 125 00:04:20,564 --> 00:04:22,131 So you're only going to miss out. 126 00:04:22,305 --> 00:04:24,133 You've conned people into taking a worthless currency, 127 00:04:24,307 --> 00:04:25,265 that you create for nothing! 128 00:04:25,439 --> 00:04:26,744 Because they don't like him. 129 00:04:26,918 --> 00:04:28,920 They know that he's smarter than they are. 130 00:04:29,094 --> 00:04:31,401 He looks like a carny, man, with the suits that guy-- 131 00:04:31,575 --> 00:04:33,360 --I mean, he plays the part. 132 00:04:33,534 --> 00:04:36,972 What HEX is doing is creating more millionaires and perhaps 133 00:04:37,146 --> 00:04:39,279 billionaires than anything ever before. 134 00:04:39,757 --> 00:04:40,802 You know, there are a lot of haters. 135 00:04:40,976 --> 00:04:42,499 Blocked by CoinDesk. 136 00:04:42,673 --> 00:04:44,588 Blocked by Cointelegraph, blocked by everybody. 137 00:04:44,762 --> 00:04:46,329 You know, the performance will speak for itself. 138 00:04:46,938 --> 00:04:49,419 I think it's going to free a lot of people, 139 00:04:49,593 --> 00:04:51,378 free from the struggles 140 00:04:51,726 --> 00:04:52,683 that we have. 141 00:04:57,732 --> 00:04:59,603 I think we should just talk about what it really does, 142 00:05:00,212 --> 00:05:01,213 and stop there. 143 00:05:03,128 --> 00:05:07,481 DIRECTOR: Okay, and we are set for you, Richard. 144 00:05:10,266 --> 00:05:12,224 DIRECTOR: Richard, how did you choose your outfit today? 145 00:05:12,399 --> 00:05:13,878 I'm just trying to shock people, man. 146 00:05:14,183 --> 00:05:15,227 First, it's hot, right? 147 00:05:15,402 --> 00:05:17,012 So tank top. Nice. 148 00:05:17,491 --> 00:05:19,275 Second, it's real colorful, you know. 149 00:05:19,449 --> 00:05:21,190 So you stand out, you can see there's something going on 150 00:05:21,364 --> 00:05:22,757 30 feet, 40 feet, 50 feet- 151 00:05:23,366 --> 00:05:24,759 You wear something black, 152 00:05:24,933 --> 00:05:26,369 can't people tell if something cool's going on. 153 00:05:26,543 --> 00:05:27,805 DIRECTOR: And what are on those wrists of yours? 154 00:05:28,066 --> 00:05:29,459 Oh these here? 155 00:05:29,633 --> 00:05:31,026 This here is 3.1 million dollars in watches, 156 00:05:31,200 --> 00:05:33,202 two most expensive Rolexes ever made. 157 00:05:33,507 --> 00:05:34,551 DIRECTOR: Well, what are some of the other 158 00:05:34,725 --> 00:05:35,639 things you can brag about? 159 00:05:35,813 --> 00:05:36,640 Oh. 160 00:05:36,814 --> 00:05:37,772 I got a big dick. 161 00:05:37,946 --> 00:05:39,034 I mean, I got a lot of money. 162 00:05:39,208 --> 00:05:40,035 What do you like? 163 00:05:40,209 --> 00:05:41,210 I got a lot of cars. 164 00:05:41,384 --> 00:05:43,038 Ferrari, Lamborghini, Bentley. 165 00:05:43,517 --> 00:05:45,083 Lifted G-Wagon. 166 00:05:45,257 --> 00:05:47,042 DIRECTOR: I heard something about a- the diamond? 167 00:05:47,216 --> 00:05:48,173 Oh, I got the world's biggest diamond. I always forget that. 168 00:05:48,348 --> 00:05:49,000 That's funny. [LAUGHTER] 169 00:05:49,697 --> 00:05:50,698 I own the world's biggest diamond. 170 00:05:50,872 --> 00:05:52,787 You don't. I do. Cool, huh? 171 00:05:52,961 --> 00:05:54,658 I got a 145 IQ. 172 00:05:54,832 --> 00:05:56,138 DIRECTOR: Let's bring people into this a little bit more- 173 00:05:56,312 --> 00:05:57,313 Okay. 174 00:05:58,575 --> 00:05:59,271 DIRECTOR: Where are we doing the interview 175 00:05:59,446 --> 00:06:00,838 right now, Richard? 176 00:06:01,012 --> 00:06:02,318 Oh, I don't tell people where I'm at man. 177 00:06:02,623 --> 00:06:03,928 When people know where you live on the Internet, 178 00:06:04,102 --> 00:06:05,452 they send a SWAT team to fuck with you. 179 00:06:05,626 --> 00:06:07,105 DIRECTOR: And in agreeing to make this movie, 180 00:06:07,279 --> 00:06:09,456 what do you want people to know about you? 181 00:06:09,630 --> 00:06:11,545 I don't really give a shit if people know about me, 182 00:06:11,893 --> 00:06:13,329 I'm just a tool for the message. 183 00:06:13,503 --> 00:06:14,809 Like I want to make the world a better place. 184 00:06:14,983 --> 00:06:16,376 I want people to be happier, healthier, 185 00:06:16,550 --> 00:06:18,813 stop gambling, stop trading, stop drinking, 186 00:06:18,987 --> 00:06:21,424 invest in their future, delay gratification. 187 00:06:21,903 --> 00:06:23,339 Make a lot of money. 188 00:06:23,513 --> 00:06:24,732 I want to make people millionaires. I have- 189 00:06:24,906 --> 00:06:25,820 I've made thousands of millionaires. 190 00:06:25,994 --> 00:06:27,691 I just want to do more of that. 191 00:06:27,865 --> 00:06:29,214 And it wasn't happening at the speed that I wanted it to. 192 00:06:29,563 --> 00:06:31,478 So, we want to 10x, 100x the size of the community, 193 00:06:31,652 --> 00:06:33,915 you gotta scream real loud to punch through the noise. 194 00:06:34,089 --> 00:06:35,046 So this here is me screaming. 195 00:06:38,441 --> 00:06:39,399 [MUSIC BUILDS TO CRESCENDO] 196 00:06:44,752 --> 00:06:45,709 [MUSIC FADES] 197 00:06:50,148 --> 00:06:51,411 ROY: Hey, big guy. What's happening? 198 00:06:52,063 --> 00:06:53,804 PHONE: Hey, what're you doing Roy? 199 00:06:53,978 --> 00:06:56,198 One of the cryptos that I f- that I really got in deep with 200 00:06:56,590 --> 00:07:00,681 umm, has taken off and done 10,000 times returns, 201 00:07:00,855 --> 00:07:04,075 uh, and just made me, 202 00:07:04,511 --> 00:07:06,991 I guess you can say, permanently wealthy. 203 00:07:07,644 --> 00:07:11,431 Fortunately and unfortunately, uh, I have to move on. 204 00:07:12,127 --> 00:07:13,041 PHONE: That's crazy. 205 00:07:13,215 --> 00:07:16,871 That is a... that is... wow. 206 00:07:17,785 --> 00:07:20,614 Basically, buddy, I'm the richest man you've ever known. 207 00:07:21,353 --> 00:07:23,704 [LAUGHTER] 208 00:07:23,878 --> 00:07:24,705 Well- 209 00:07:24,879 --> 00:07:25,836 [TATTOO MACHINE BUZZ] 210 00:07:29,710 --> 00:07:32,800 ROY: You know, I dream of crypto changing the world. 211 00:07:32,974 --> 00:07:36,412 Fixing the money. And, saving 212 00:07:36,586 --> 00:07:38,458 a lot of different people from being wrecked. 213 00:07:38,980 --> 00:07:40,111 I'm uneducated. 214 00:07:40,285 --> 00:07:42,070 I- I finished high school, barely. 215 00:07:42,244 --> 00:07:45,160 I had just kind of awoken from my drug induced, 216 00:07:45,334 --> 00:07:48,032 drunken stupor from the recovery home I was in 217 00:07:48,555 --> 00:07:50,426 and I went looking for a job. 218 00:07:50,905 --> 00:07:52,689 There was a building that said 'Help Wanted'. 219 00:07:53,385 --> 00:07:55,866 That company happened to be a rigging company. 220 00:07:56,301 --> 00:07:58,173 That's where I started my millwright career. 221 00:07:58,434 --> 00:07:59,740 Sweeping floors... 222 00:08:00,001 --> 00:08:02,133 moved into the yard and then into the trucks. 223 00:08:02,307 --> 00:08:04,135 So what that's done to me is, 224 00:08:04,309 --> 00:08:07,443 over the last uh- uh 30 years, 225 00:08:08,009 --> 00:08:10,707 I've got eight herniated discs in my neck and back. 226 00:08:14,232 --> 00:08:15,669 A lot of us are panicking. 227 00:08:15,930 --> 00:08:19,237 A lot of the guys that I worked out their hard with 228 00:08:20,108 --> 00:08:22,197 are sitting in a place, 229 00:08:23,851 --> 00:08:25,200 and they're uneasy, 230 00:08:25,374 --> 00:08:26,636 and they don't know what they're going to do. 231 00:08:27,245 --> 00:08:29,770 And their 401K's look like 104K's 232 00:08:30,553 --> 00:08:33,034 and they don't have a pot to piss in. 233 00:08:34,426 --> 00:08:36,167 That's what bothers me. 234 00:08:36,341 --> 00:08:38,996 And that's the one thing that I dream about is fixing that. 235 00:08:40,389 --> 00:08:41,303 Okay. WOMAN: Okay let'’s see 236 00:08:41,608 --> 00:08:42,783 Let's see what we got here. 237 00:08:43,392 --> 00:08:45,263 Like Christmas, huh? WOMAN: Yeah! 238 00:08:45,437 --> 00:08:46,830 Tricorne Hat. 239 00:08:47,004 --> 00:08:48,484 Whatever the governments have been doing 240 00:08:48,658 --> 00:08:50,486 with the currency systems and the money systems, 241 00:08:50,660 --> 00:08:52,619 over the last 20, 50 years- 242 00:08:52,967 --> 00:08:54,446 It's not worked out. 243 00:08:54,621 --> 00:08:57,145 Your money has never been worth less than it is today. 244 00:08:57,449 --> 00:08:59,147 You've never been able to get less with your dollar 245 00:08:59,321 --> 00:09:00,627 than you can now. 246 00:09:00,801 --> 00:09:02,280 You're at all time lows purchasing power. 247 00:09:02,454 --> 00:09:04,587 Why? Because they keep printing it like it's a joke and 248 00:09:04,761 --> 00:09:06,110 and they'll never stop. 249 00:09:06,328 --> 00:09:08,286 And so you have to opt out of that system. 250 00:09:08,765 --> 00:09:10,854 Maybe into something that I designed that's amazing. 251 00:09:11,028 --> 00:09:12,856 but there's other things that are okay too, 252 00:09:13,030 --> 00:09:13,944 and they're all better than losing all 253 00:09:14,118 --> 00:09:15,119 your money to inflation. 254 00:09:16,860 --> 00:09:17,905 ROY: That's where we're at. 255 00:09:18,166 --> 00:09:19,384 What's going to fix that? 256 00:09:20,864 --> 00:09:22,605 People should be learning about what cryptocurrencies 257 00:09:22,779 --> 00:09:24,041 can do for money. 258 00:09:24,433 --> 00:09:26,087 'Cause if you fix the money, you fix the world. 259 00:09:29,873 --> 00:09:32,572 So today I look at crypto as being 260 00:09:32,746 --> 00:09:35,531 the modern day equivalent to the pirating. 261 00:09:35,705 --> 00:09:40,014 Because we're about to start taking it back from the banks. 262 00:09:40,884 --> 00:09:43,408 Ahoy crypto pirates! 263 00:09:43,583 --> 00:09:46,803 Chattin with the Captain on your Discord Syndicate. 264 00:09:47,151 --> 00:09:49,371 I am The Captain, RG3, 265 00:09:50,285 --> 00:09:53,288 here to bring you a new show, a new look. 266 00:09:53,593 --> 00:09:56,813 The pirate has arrived, guys! Look at this. Look at this. 267 00:09:56,987 --> 00:09:58,510 Woo! 268 00:09:59,511 --> 00:10:02,166 What's going on here is that cryptocurrency 269 00:10:02,340 --> 00:10:06,257 was invented 12 years ago and it's finally come to fruition. 270 00:10:07,389 --> 00:10:10,044 Crypto was supposed to be created and dropped 271 00:10:10,348 --> 00:10:12,960 on the community, on the global community. 272 00:10:14,744 --> 00:10:17,225 And the global community was supposed to get behind it, 273 00:10:17,399 --> 00:10:21,403 rally behind it, build on it and take it to the world. 274 00:10:21,969 --> 00:10:23,448 It's about the community. 275 00:10:23,710 --> 00:10:25,450 And that's who I wanted to be. 276 00:10:25,625 --> 00:10:27,148 I wanted to be the guy that brought the community to what 277 00:10:27,322 --> 00:10:29,672 to what I saw as the greatest cryptocurrency 278 00:10:29,846 --> 00:10:31,065 that's ever been created. 279 00:10:31,326 --> 00:10:32,327 And that's HEX. 280 00:10:32,719 --> 00:10:34,677 The blood of Furus is upon my chest. 281 00:10:34,982 --> 00:10:37,462 Because tonight I'm going to chum the waters for you guys. 282 00:10:37,637 --> 00:10:40,248 I've got wallets here that I can show you guys. 283 00:10:40,552 --> 00:10:43,077 This one here, I have 87 of them coming up. 284 00:10:44,295 --> 00:10:47,647 This one is for 319,000. 285 00:10:47,995 --> 00:10:50,954 Dollars. Fucking dollars. 286 00:10:51,128 --> 00:10:55,829 Not HEX. Dollars! 319,000 for one month. 287 00:10:56,481 --> 00:10:59,180 Month after that, $34,000. 288 00:10:59,354 --> 00:11:01,356 And it goes on and on and on... 289 00:11:01,530 --> 00:11:05,665 Because I invested and I put it away and did a time lock on it. 290 00:11:05,839 --> 00:11:07,971 That's the kind of returns that I'm getting. 291 00:11:08,624 --> 00:11:10,060 I got a buddy, a real good buddy. 292 00:11:10,234 --> 00:11:11,061 Hey, it's Mikey. 293 00:11:11,235 --> 00:11:12,889 How are ya? 294 00:11:13,063 --> 00:11:14,891 And it's probably, you know, a general saying out there, like, 295 00:11:15,065 --> 00:11:16,545 you call up your buddy and you just say, 296 00:11:16,719 --> 00:11:17,546 give me your credit card 297 00:11:17,720 --> 00:11:18,721 I'm gonna make you rich. 298 00:11:18,895 --> 00:11:20,331 A lot of times we jump in, 299 00:11:20,723 --> 00:11:23,334 him and I together, just because of the trust, 300 00:11:23,639 --> 00:11:25,380 not fully knowing what it is. 301 00:11:25,554 --> 00:11:28,165 We had network marketing businesses together, 302 00:11:28,339 --> 00:11:29,819 real estate deals, stuff like that. 303 00:11:29,993 --> 00:11:31,429 We actually did one at the beginning 304 00:11:31,603 --> 00:11:33,475 back in like '07 where we met. 305 00:11:33,736 --> 00:11:35,042 It went really well 306 00:11:35,390 --> 00:11:37,218 and it went a long time getting paid every Friday. 307 00:11:38,698 --> 00:11:39,786 Not even Catholic, but every Friday was Good Friday. 308 00:11:39,960 --> 00:11:41,265 You know, getting paid. 309 00:11:41,831 --> 00:11:43,833 And that's the kind of relationship that we had me- 310 00:11:44,007 --> 00:11:45,443 me and my- my boy, Mikey. 311 00:11:47,228 --> 00:11:48,185 My routine's simple. 312 00:11:48,359 --> 00:11:49,447 I get up, make breakfast. 313 00:11:51,449 --> 00:11:54,278 RAMEY: Everyone just lines up and like, we just get it done. 314 00:11:55,236 --> 00:11:56,150 She keeps it going, man. 315 00:11:57,368 --> 00:11:58,848 RAMEY: Like a conveyor belt I guess. 316 00:11:59,022 --> 00:12:00,545 We just move on down. 317 00:12:00,720 --> 00:12:01,633 MIKEY: No big deal, right? 318 00:12:02,939 --> 00:12:04,288 RAMEY: Constantly shuttling kids somewhere, 319 00:12:04,462 --> 00:12:06,595 feeding somebody. When they're at school, 320 00:12:06,769 --> 00:12:10,338 it kind of is like, oh, I'm so bored, what should I do? 321 00:12:10,642 --> 00:12:12,427 MIKEY: She is the uh captain of the ship. 322 00:12:12,601 --> 00:12:14,603 We're just all, you know, passengers. 323 00:12:16,648 --> 00:12:17,649 okay 324 00:12:19,913 --> 00:12:21,566 But then HEX came. 325 00:12:21,958 --> 00:12:23,394 And of course, my first thought was, 326 00:12:23,568 --> 00:12:25,222 I got to get this to my buddies. 327 00:12:25,396 --> 00:12:28,269 It was, "Hey, I've got something. It's a winner." 328 00:12:28,443 --> 00:12:29,357 "Let's go." 329 00:12:29,531 --> 00:12:31,011 I'm pretty sure I laughed, like, 330 00:12:31,402 --> 00:12:32,969 because I'd heard my kids even talk about Bitcoin. 331 00:12:33,143 --> 00:12:34,666 Do you know how your air conditioner works? 332 00:12:34,841 --> 00:12:36,364 Like it gives you cold air. 333 00:12:36,538 --> 00:12:38,845 Like, we don't necessarily know how something works. 334 00:12:39,193 --> 00:12:40,368 I don't know how it all works either, 335 00:12:40,542 --> 00:12:41,848 but I know that it will work. 336 00:12:43,197 --> 00:12:45,068 People are buying computer money 337 00:12:45,242 --> 00:12:47,767 with their real money and thinking 338 00:12:47,941 --> 00:12:49,769 that they're going to get rich someday. 339 00:12:50,508 --> 00:12:51,335 What a joke. 340 00:12:51,509 --> 00:12:52,510 I mean, I trust him. 341 00:12:52,684 --> 00:12:54,208 Like I trust my- He's my brother. 342 00:12:54,382 --> 00:12:56,514 If he calls, you can talk to him about life, his wife 343 00:12:56,688 --> 00:12:57,864 his kids, whatever. 344 00:12:58,038 --> 00:12:59,779 I don't care. 345 00:12:59,953 --> 00:13:02,651 But we're not doing this. Like we're not getting into this. 346 00:13:03,521 --> 00:13:06,568 I want my kids to be able to do whatever they want in life. 347 00:13:07,264 --> 00:13:09,658 And so many people get caught up in the rat race. 348 00:13:09,832 --> 00:13:12,008 I want to do whatever I can to preemptively 349 00:13:12,182 --> 00:13:13,531 steer them away from that. 350 00:13:13,923 --> 00:13:15,272 SON: I didn'’t even need to hear your advice. 351 00:13:15,969 --> 00:13:18,362 We sold our house in another state, moved down here. 352 00:13:18,536 --> 00:13:20,103 And when we sold that, we had these funds 353 00:13:20,277 --> 00:13:21,757 and we could either let it sit in the bank account 354 00:13:21,931 --> 00:13:23,280 or my thought is like, 355 00:13:23,454 --> 00:13:26,675 hey, let's go. Put it in this and... and, uh 356 00:13:27,589 --> 00:13:28,503 and watch it grow. 357 00:13:28,677 --> 00:13:29,939 MIKEY: I'm doing this. 358 00:13:30,113 --> 00:13:30,853 ROY: Are you gonna do this or what? 359 00:13:31,767 --> 00:13:32,855 I'm doing this thing, man. 360 00:13:33,029 --> 00:13:33,987 We're doing it. 361 00:13:34,161 --> 00:13:35,205 Alright here we go, you ready? 362 00:13:35,379 --> 00:13:36,337 Let's go. 363 00:13:36,903 --> 00:13:37,773 Confirmed. 364 00:13:37,947 --> 00:13:38,818 We got the HEX. 365 00:13:38,992 --> 00:13:40,210 Let's go. 366 00:13:40,384 --> 00:13:41,733 DIRECTOR: Ohhhh. ROY: Wee ooh hoo! 367 00:13:42,125 --> 00:13:43,083 Time to go tell the wife. 368 00:13:43,823 --> 00:13:44,780 [LAUGHTER] 369 00:13:44,954 --> 00:13:46,129 Let her know the deed is done. 370 00:13:46,434 --> 00:13:48,131 It's irresponsible to not talk to her, 371 00:13:49,219 --> 00:13:50,307 but at the same time, 372 00:13:50,481 --> 00:13:52,353 it'd be irresponsible to not... 373 00:13:54,529 --> 00:13:55,486 go forward. 374 00:13:56,923 --> 00:13:59,490 I feel like I'm filing for divorce right here. Ah. 375 00:13:59,664 --> 00:14:00,796 Naw, here's, I mean here's the deal. 376 00:14:00,970 --> 00:14:02,058 You obviously know that- 377 00:14:03,451 --> 00:14:04,756 RG's been calling, trying to get us to do stuff. 378 00:14:05,105 --> 00:14:06,584 MIKEY: You believe they're Internet quarters and- 379 00:14:06,758 --> 00:14:08,021 RAMEY: Yeah I- 380 00:14:08,195 --> 00:14:10,675 I mean, I think we should. I- I did. 381 00:14:10,850 --> 00:14:14,027 I mean, I- I bought some this morning. 382 00:14:14,418 --> 00:14:15,550 Like, a little bit. 383 00:14:15,724 --> 00:14:17,378 MIKEY: Yeah. RAMEY: Not a lot. 384 00:14:17,552 --> 00:14:18,379 MIKEY: Just a little bit... 385 00:14:18,553 --> 00:14:19,728 Like how much? 386 00:14:20,250 --> 00:14:22,078 Like- Uh... 387 00:14:23,166 --> 00:14:24,254 I put it all in. 388 00:14:24,428 --> 00:14:25,821 I put- I mean, I went- 389 00:14:25,995 --> 00:14:27,170 Like, all what? 390 00:14:28,780 --> 00:14:30,434 All of our house money. Most of it. 391 00:14:30,608 --> 00:14:33,220 I mean, I did like, 100,000. 392 00:14:35,396 --> 00:14:38,051 RAMEY: An amass amount of money is just gone 393 00:14:38,225 --> 00:14:40,227 and there's nothing to show for it. 394 00:14:40,401 --> 00:14:42,272 Like there's nothing to say. 395 00:14:42,446 --> 00:14:44,492 I had this amount of money and now I own this. 396 00:14:44,666 --> 00:14:45,972 or I bought this with it. 397 00:14:47,016 --> 00:14:49,845 It was... I was sick, pretty sick. 398 00:14:50,237 --> 00:14:51,891 I can't go to Walmart and buy like 399 00:14:52,195 --> 00:14:54,154 groceries with my internet coins. 400 00:14:54,328 --> 00:14:55,938 If it sits in the bank, it's not going to do anything. 401 00:14:56,112 --> 00:14:57,461 It's not gonna- 402 00:14:57,635 --> 00:14:59,289 It's not going anywhere if it's in the bank! 403 00:14:59,463 --> 00:15:01,770 Instead of thinking- it can all disappear. 404 00:15:01,944 --> 00:15:02,945 What if it all doubled? 405 00:15:03,119 --> 00:15:04,120 What if you doubled your money? 406 00:15:05,165 --> 00:15:06,079 I'm not saying we go become- 407 00:15:06,253 --> 00:15:07,384 We're a family of seven. 408 00:15:07,558 --> 00:15:08,429 "What if" is a pretty big gamble. 409 00:15:10,039 --> 00:15:11,736 Like he might as well have just written a check 410 00:15:11,911 --> 00:15:14,261 and handed it to a stranger in the street is where I feel like. 411 00:15:14,914 --> 00:15:16,828 MIKEY: And I just see, like this vehicle, 412 00:15:17,003 --> 00:15:19,744 is just- it's been taking off 413 00:15:21,181 --> 00:15:23,139 and I just don't want to get left behind on it 414 00:15:23,313 --> 00:15:25,533 because I've already feel like 415 00:15:26,012 --> 00:15:27,404 I've missed the boat a little bit on it. 416 00:15:27,752 --> 00:15:31,017 To have so much financial independence that 417 00:15:31,887 --> 00:15:34,281 like we li- we wake up when we want, we go to sleep when we 418 00:15:34,455 --> 00:15:35,847 want, we do what we want. 419 00:15:36,370 --> 00:15:38,589 You know, we don't answer to anybody except for ourselves. 420 00:15:39,025 --> 00:15:40,417 I feel like it's a scam. Like- 421 00:15:40,852 --> 00:15:41,897 Why is it fake? 422 00:15:42,202 --> 00:15:43,072 Like it's real. 423 00:15:43,246 --> 00:15:44,160 You can see your numbers. 424 00:15:44,334 --> 00:15:46,423 You can see how much we own. 425 00:15:46,902 --> 00:15:48,599 But in an instant, someone could just 426 00:15:48,948 --> 00:15:50,688 delete the website and you're done. 427 00:15:50,862 --> 00:15:52,212 [NERVOUS LAUGHTER] 428 00:15:52,386 --> 00:15:53,822 Like it's just gone. 429 00:15:53,996 --> 00:15:55,128 MIKEY: Who wants plain and who wants butter? 430 00:15:55,955 --> 00:15:58,044 RAMEY: I don't think he did it to hurt us 431 00:15:58,218 --> 00:16:01,003 or because he's like lost his mind for a minute. 432 00:16:01,177 --> 00:16:03,484 I definitely think he believes in what he did. 433 00:16:04,572 --> 00:16:05,529 I just don't. 434 00:16:08,402 --> 00:16:11,796 No, it's not about Lamborghinis, mansions and babes and fur coats 435 00:16:11,971 --> 00:16:13,363 and $5,000 tennis shoes 436 00:16:13,537 --> 00:16:15,104 It's not about any of those things. 437 00:16:15,800 --> 00:16:18,934 HEX is the first real cryptocurrency that actually 438 00:16:19,108 --> 00:16:21,067 does something. Generates yield. 439 00:16:21,241 --> 00:16:22,242 Fix crypto. 440 00:16:22,677 --> 00:16:23,504 Fix the money. 441 00:16:23,678 --> 00:16:24,984 Fix the world. 442 00:16:25,158 --> 00:16:28,204 This is a letter from the Gemini Exchange. 443 00:16:28,944 --> 00:16:31,642 If you would like to continue transacting with HEX, 444 00:16:31,816 --> 00:16:36,517 we kindly ask that you withdraw your funds from Gemini. 445 00:16:37,083 --> 00:16:39,259 We also recommend filing a complaint 446 00:16:39,433 --> 00:16:43,263 with the FBI's Internet Crime Center. 447 00:16:43,437 --> 00:16:44,264 Blah, blah, blah. 448 00:16:44,438 --> 00:16:45,308 Here's the link. 449 00:16:45,482 --> 00:16:46,918 You guys suck. 450 00:16:47,180 --> 00:16:49,225 Everybody take your fucking money out of Gemini 451 00:16:49,399 --> 00:16:51,271 And don't use those sons of bitches anymore. 452 00:16:51,445 --> 00:16:52,402 Because you know what? 453 00:16:53,186 --> 00:16:54,709 They just blew it. They blew it. 454 00:16:54,883 --> 00:16:56,450 I want people to see this. 455 00:16:56,624 --> 00:16:58,408 I want people to understand what's going on here. 456 00:16:58,582 --> 00:17:00,802 Everybody's on these apps now, buying crypto, 457 00:17:00,976 --> 00:17:03,587 buying stocks, doing all this and getting involved in it. 458 00:17:03,761 --> 00:17:05,154 And it's all a sham. 459 00:17:05,633 --> 00:17:10,290 2.168 trillion dollars 460 00:17:11,117 --> 00:17:12,466 And now the mark- oh! 461 00:17:13,032 --> 00:17:15,251 Ohhhh it went to zero! 462 00:17:15,512 --> 00:17:17,471 Yooooooo! 463 00:17:19,951 --> 00:17:21,562 Uh, damnnnn! 464 00:17:21,736 --> 00:17:22,693 There we go. 465 00:17:22,867 --> 00:17:24,043 Squid games! 466 00:17:25,174 --> 00:17:27,394 Sayonara motherfucker! 467 00:17:27,655 --> 00:17:29,918 Investors crying "Scam" over a cryptocurrency 468 00:17:30,092 --> 00:17:32,921 inspired by the hit Netflix show, Squid Game. 469 00:17:33,095 --> 00:17:34,923 The creators of that crypto pulling the plug 470 00:17:35,097 --> 00:17:36,533 and vanishing without a trace. 471 00:17:36,707 --> 00:17:38,231 You're saying that management 472 00:17:38,405 --> 00:17:40,798 was manipulating the price of the Celsius token. 473 00:17:41,060 --> 00:17:43,888 They were absolutely trading the token to manipulate the price. 474 00:17:44,063 --> 00:17:46,152 Celsius filing for bankruptcy definitely wasn't 475 00:17:46,326 --> 00:17:48,110 a surprise. I mean, once a platform suspends 476 00:17:48,284 --> 00:17:49,981 withdrawals for customers, 477 00:17:50,156 --> 00:17:52,419 freezing all of its users crypto cash... 478 00:17:52,593 --> 00:17:54,508 I mean in one week Luna has gone 479 00:17:54,682 --> 00:17:57,337 from $80 a token to less than one. 480 00:17:57,511 --> 00:17:59,295 No, I don't think that it's a scam. 481 00:17:59,469 --> 00:18:01,297 No, I don't think that it could be a scam. 482 00:18:01,471 --> 00:18:03,299 It's not a possibility of it. Why? 483 00:18:03,473 --> 00:18:04,866 Because I trust Richard Heart. 484 00:18:05,040 --> 00:18:06,346 I trust him. 485 00:18:06,563 --> 00:18:08,565 And every single day I get calls from people 486 00:18:08,739 --> 00:18:11,742 that want to know about doggy coins and Shiba Inu, 487 00:18:12,134 --> 00:18:13,875 and all this other bullshit that's out there. 488 00:18:14,049 --> 00:18:15,485 Every fucking day! 489 00:18:15,659 --> 00:18:17,139 And then they're calling Richard a scam. 490 00:18:17,313 --> 00:18:19,228 I do more to protect people from getting ripped off 491 00:18:19,402 --> 00:18:20,751 than anyone else I know. 492 00:18:21,274 --> 00:18:22,927 I've got a Twitter thread of hundreds of things that have 493 00:18:23,102 --> 00:18:24,407 failed in cryptocurrency, 494 00:18:24,581 --> 00:18:25,887 that have lost billions of dollars, 495 00:18:26,888 --> 00:18:28,411 and none of my products are ever on it 496 00:18:28,585 --> 00:18:29,978 because they work perfectly. 497 00:18:30,457 --> 00:18:32,372 If you use cryptocurrency the right way, 498 00:18:32,546 --> 00:18:35,201 you have less risk, less middlemen, more efficiency. 499 00:18:35,592 --> 00:18:38,334 But if you use it the wrong way, you'll lose all your money. 500 00:18:38,900 --> 00:18:40,597 If you give your coins to some other guy 501 00:18:40,771 --> 00:18:42,338 that says he's going to give you a little bit more back, 502 00:18:42,904 --> 00:18:44,819 he might not. Might just run off with the coins. 503 00:18:44,993 --> 00:18:47,474 We see this over and over and over and over and over again. 504 00:18:47,865 --> 00:18:49,476 And so if you've been listening to me 505 00:18:49,650 --> 00:18:52,131 for that long, you may have done really, really well. 506 00:18:52,566 --> 00:18:54,002 'Cause you didn't lose all your money in Celsius when they 507 00:18:54,176 --> 00:18:55,525 went bankrupt and I told 508 00:18:55,699 --> 00:18:57,397 you to take your money out years earlier. 509 00:18:57,832 --> 00:18:59,790 And you didn't get bankrupted when Three Arrows Capital went 510 00:18:59,964 --> 00:19:01,879 bankrupt and you didn't get uh-- 511 00:19:02,053 --> 00:19:04,055 bankrupted when Cred went bankrupt. 512 00:19:04,317 --> 00:19:06,057 And you didn't lose all your money to all these 513 00:19:06,232 --> 00:19:07,885 scams that said they were going to give you more. 514 00:19:08,059 --> 00:19:10,018 You didn't pick up pennies in front of freight trains. 515 00:19:11,628 --> 00:19:13,587 [WOOSH] 516 00:19:21,725 --> 00:19:23,249 KELLY: Good morning, everyone. 517 00:19:24,641 --> 00:19:27,253 Are you ready to look for some fraud this morning? 518 00:19:27,862 --> 00:19:31,213 I'm nosy, so I'm intrigued by other people's business. 519 00:19:32,345 --> 00:19:34,825 I have been studying fraud for years, 520 00:19:34,999 --> 00:19:37,045 and I am fascinated by the subject. I think- 521 00:19:37,611 --> 00:19:39,787 So I am a certified fraud examiner. 522 00:19:40,527 --> 00:19:42,006 Fraudsters can be anybody. 523 00:19:42,311 --> 00:19:43,443 Anybody. 524 00:19:43,617 --> 00:19:45,488 Typically, I think they're very smart. 525 00:19:45,662 --> 00:19:46,533 I mean, they are- 526 00:19:46,707 --> 00:19:48,752 They see a hole and see an 527 00:19:48,926 --> 00:19:51,277 opportunity that a lot of us don't see. 528 00:19:51,886 --> 00:19:52,887 You're not going to meet another person 529 00:19:53,061 --> 00:19:54,410 like me as long as you live, 530 00:19:54,584 --> 00:19:55,498 and you're not going to meet another product 531 00:19:55,672 --> 00:19:57,196 like this as long as you live. 532 00:19:57,370 --> 00:19:59,110 Yes, every scammer in the world is going to tell you 533 00:19:59,285 --> 00:20:00,982 something similar, but in this case 534 00:20:01,156 --> 00:20:02,897 you are actually going to have regret. 535 00:20:03,071 --> 00:20:04,594 And the next time I see you in six months, 536 00:20:04,768 --> 00:20:06,683 you're going to be like, "Why didn't you tell me harder?" 537 00:20:07,118 --> 00:20:08,511 They literally tell you, 538 00:20:08,685 --> 00:20:09,469 "Why didn't you tell me to buy harder?". 539 00:20:11,035 --> 00:20:13,734 KELLY: Lamont is a colleague of mine at DePaul University. 540 00:20:13,908 --> 00:20:15,388 He teaches finance. 541 00:20:15,562 --> 00:20:16,606 So I'm an accounting professor. 542 00:20:16,780 --> 00:20:18,304 He's a finance professor. 543 00:20:18,478 --> 00:20:20,219 So with crypto, you got to do your own research. 544 00:20:20,393 --> 00:20:21,611 And so I'm going to study HEX. 545 00:20:21,785 --> 00:20:23,265 I'm going to read the white paper, 546 00:20:23,439 --> 00:20:25,311 I'm going to try and understand how does the smart 547 00:20:25,485 --> 00:20:27,922 contract work, how does staking work. 548 00:20:28,444 --> 00:20:31,491 And so together I think we make the perfect team. 549 00:20:32,231 --> 00:20:34,711 Who wants to lose money? Like no one. 550 00:20:35,146 --> 00:20:37,584 No one, no one ever said, "Yep, I'm signing up for that." 551 00:20:37,888 --> 00:20:40,500 So if you can ask good questions, 552 00:20:40,674 --> 00:20:43,938 it'll help us build a better system, maybe a better coin. 553 00:20:44,112 --> 00:20:46,157 Asking questions makes people more accountable. 554 00:20:46,419 --> 00:20:48,029 When you don't have any accountability, 555 00:20:48,551 --> 00:20:50,205 that's when you have a problem. 556 00:20:50,379 --> 00:20:53,077 So most people today think of crypto as an investment. 557 00:20:53,556 --> 00:20:55,950 They're just buying Bitcoin or other stuff on their 558 00:20:56,124 --> 00:20:57,995 phones because they want to get rich. 559 00:20:58,561 --> 00:21:01,172 But the origins of crypto are as money. 560 00:21:01,347 --> 00:21:04,393 There's a reason why we call it crypto-currency. 561 00:21:04,654 --> 00:21:06,177 So if you want to understand crypto, 562 00:21:06,352 --> 00:21:09,398 you have to go back and understand crypto as money. 563 00:21:16,187 --> 00:21:17,058 LAMONT: Good morning, class. 564 00:21:17,232 --> 00:21:18,451 Welcome back. 565 00:21:18,625 --> 00:21:20,279 Today, we're going to talk about money. 566 00:21:21,410 --> 00:21:22,411 Money is changing. 567 00:21:23,630 --> 00:21:24,500 To be honest, no one's quite sure anymore 568 00:21:24,674 --> 00:21:25,980 what money really is. 569 00:21:27,590 --> 00:21:29,984 RICHARD: Everyone spends all their time working for money. 570 00:21:30,332 --> 00:21:32,029 But money on its own isn't useful. 571 00:21:32,203 --> 00:21:33,466 You can't eat it. 572 00:21:33,640 --> 00:21:34,554 You can't build a house out of it. 573 00:21:36,077 --> 00:21:37,774 Its only utility really is exchanging it for the things 574 00:21:37,948 --> 00:21:40,081 that truly have value, which are goods and services. 575 00:21:40,603 --> 00:21:42,213 Everything else is just accounting. 576 00:21:42,823 --> 00:21:45,478 So if you go back to like the beginning of civilization, 577 00:21:46,435 --> 00:21:47,784 there was no money. 578 00:21:48,350 --> 00:21:51,527 People who wanted to buy and sell things had to use barter. 579 00:21:52,049 --> 00:21:54,443 Money doesn't really have intrinsic value. 580 00:21:54,965 --> 00:21:56,750 Gold isn't particularly strong, 581 00:21:56,924 --> 00:21:59,056 it's not very good at conducting electricity, 582 00:21:59,230 --> 00:22:01,885 but it's scarce and it's beautiful. 583 00:22:02,059 --> 00:22:04,279 And so we've given it value as a society. 584 00:22:04,453 --> 00:22:07,630 Money is not what a lot of people think it is. 585 00:22:08,152 --> 00:22:09,589 A lot of people, when they think about money, 586 00:22:09,763 --> 00:22:12,548 they think of, oh, this thing that has value. 587 00:22:13,506 --> 00:22:17,423 Pieces of paper like a $20 bill that doesn't have any value. 588 00:22:17,597 --> 00:22:19,555 We used to be on the gold standard. 589 00:22:19,947 --> 00:22:22,950 So a US Dollar was redeemable for an ounce of gold. 590 00:22:23,429 --> 00:22:25,082 That changed long ago. 591 00:22:25,256 --> 00:22:27,737 Its only value is by decree. 592 00:22:27,911 --> 00:22:29,522 Someone said it has value. 593 00:22:29,870 --> 00:22:31,785 Our made up imaginary internet money is better 594 00:22:31,959 --> 00:22:33,700 than the government's made up imaginary internet money. 595 00:22:34,353 --> 00:22:37,181 Both of them are only backed by the the shared 596 00:22:37,356 --> 00:22:39,749 fiction of the humans believing that they have value. 597 00:22:40,184 --> 00:22:43,187 LAMONT: So in 2008, I think the history of money 598 00:22:43,362 --> 00:22:44,580 changed forever. 599 00:22:45,276 --> 00:22:47,278 That was when the Bitcoin white paper 600 00:22:47,453 --> 00:22:49,280 was published on the Internet. 601 00:22:49,933 --> 00:22:54,155 It is the peer to peer electronic cash. 602 00:22:54,764 --> 00:22:58,942 It is money without governments and it is money without banks. 603 00:22:59,639 --> 00:23:02,946 It seems crazy to think that our economy is moving online, 604 00:23:03,120 --> 00:23:04,600 but our money would not be. 605 00:23:05,384 --> 00:23:08,169 This is the paradigm shift of our generation. 606 00:23:08,343 --> 00:23:12,129 So to say that there's this under economy 607 00:23:12,303 --> 00:23:15,829 that people are making real millions, billions in, 608 00:23:16,003 --> 00:23:19,659 and buying real assets, just feels very- 609 00:23:19,833 --> 00:23:21,965 I feel exposed. Like what is going on? 610 00:23:22,139 --> 00:23:24,228 How did I miss all this was happening 611 00:23:24,403 --> 00:23:26,927 and how can I learn about it? 612 00:23:30,452 --> 00:23:31,888 KELLY: Pretend as though I'm one of your students. 613 00:23:32,062 --> 00:23:33,760 LAMONT: Okay. 614 00:23:33,934 --> 00:23:36,197 KELLY: First day of class, I don't know what crypto is... 615 00:23:36,502 --> 00:23:37,503 What do you tell me? 616 00:23:38,721 --> 00:23:40,375 It's money that you can literally create. 617 00:23:41,028 --> 00:23:42,377 Now, what some people don't understand 618 00:23:42,551 --> 00:23:45,467 is that the Fed also has this power. 619 00:23:45,859 --> 00:23:47,730 The Fed literally prints dollars. 620 00:23:47,904 --> 00:23:49,079 Sure. 621 00:23:49,253 --> 00:23:50,733 So central banks have this power. 622 00:23:50,907 --> 00:23:53,388 But in the world of crypto, anyone has this power. 623 00:23:53,562 --> 00:23:58,524 So O.K. money with no physical presence. 624 00:23:59,002 --> 00:23:59,873 LAMONT: Yes. 625 00:24:00,047 --> 00:24:01,570 KELLY: Second red flag. 626 00:24:01,744 --> 00:24:03,442 All cryptocurrency is, is an Excel spreadsheet on the 627 00:24:03,616 --> 00:24:05,835 internet where you need your password to spend your money. 628 00:24:06,009 --> 00:24:08,751 LAMONT: What if I told you Bitcoin is code? 629 00:24:08,925 --> 00:24:12,102 Do you trust people or do you trust code? 630 00:24:14,409 --> 00:24:15,628 I don't know. 631 00:24:15,802 --> 00:24:16,716 I'm going to say it's compelling. 632 00:24:16,890 --> 00:24:18,239 That's what you keep saying. 633 00:24:18,413 --> 00:24:21,460 Yes, people, the right people who are honest 634 00:24:21,634 --> 00:24:23,331 and true and do a good job. 635 00:24:23,810 --> 00:24:25,855 I'm going to put my money with them. 636 00:24:26,116 --> 00:24:27,640 But people are fallible. 637 00:24:27,814 --> 00:24:29,337 People can be corrupted. 638 00:24:29,859 --> 00:24:32,079 People can make bad decisions. 639 00:24:32,253 --> 00:24:35,604 The most well-known person, actually, now probably in 640 00:24:35,778 --> 00:24:38,215 crypto, is one of the founders of Ethereum. 641 00:24:38,389 --> 00:24:39,956 His name is Vitalik Buterin. 642 00:24:40,130 --> 00:24:41,131 Okay. 643 00:24:42,132 --> 00:24:43,873 All right. 644 00:24:44,047 --> 00:24:46,789 So Vitalik and some of his friends, they create this new 645 00:24:46,963 --> 00:24:51,968 blockchain called Ethereum, which is different than Bitcoin. 646 00:24:52,273 --> 00:24:54,188 But then you might ask the question, well, why do we need 647 00:24:54,362 --> 00:24:56,277 two different cryptocurrencies? 648 00:24:56,451 --> 00:24:59,541 So the real innovation of Ethereum was something called 649 00:24:59,715 --> 00:25:01,456 the smart contract. 650 00:25:01,891 --> 00:25:03,676 You can't do anything with Bitcoin. 651 00:25:03,850 --> 00:25:06,330 It's designed just to transfer funds. 652 00:25:06,592 --> 00:25:11,597 Ethereum is more of a platform that you can build things on. 653 00:25:11,988 --> 00:25:16,819 A smart contract is more of a tool or a set of 654 00:25:16,993 --> 00:25:19,996 code that you can can build on the Ethereum blockchain, 655 00:25:20,170 --> 00:25:23,304 and now people can interact with that contract. 656 00:25:23,478 --> 00:25:25,915 Do I need to know all of this if I want to...? 657 00:25:26,089 --> 00:25:28,222 You're going to have to know what a smart contract is. 658 00:25:28,396 --> 00:25:32,661 So HEX, they like to say it's the first Certificate of Deposit 659 00:25:32,835 --> 00:25:34,576 built on a blockchain. 660 00:25:34,750 --> 00:25:35,925 That seems like a big deal, right? 661 00:25:36,099 --> 00:25:37,840 That- that's right! 662 00:25:38,014 --> 00:25:39,625 So you go to the website you read, then you're like, again, 663 00:25:39,799 --> 00:25:41,931 that sounds compelling. 664 00:25:42,671 --> 00:25:44,847 HEX, what makes it totally different from something like 665 00:25:45,021 --> 00:25:49,678 Bitcoin is you can put your funds, your HEX 666 00:25:49,852 --> 00:25:52,028 into a smart contract, 667 00:25:52,202 --> 00:25:56,598 But they are promising like 40% annual percentage return. 668 00:25:56,772 --> 00:25:58,121 40% APY. 669 00:25:58,295 --> 00:25:59,993 I don't know about your CD's at your banks- 670 00:26:00,167 --> 00:26:01,124 Come on. 671 00:26:01,298 --> 00:26:02,996 I mean, we're lucky to make 1%. 672 00:26:03,170 --> 00:26:06,129 You know, I think about the Hexicans 673 00:26:06,303 --> 00:26:10,264 and how they have all joined this community. 674 00:26:10,438 --> 00:26:13,659 I think if you start to peel the layers back, 675 00:26:13,833 --> 00:26:17,967 a lot of them may have some type of vulnerability, 676 00:26:18,141 --> 00:26:19,752 some type of insecurity, 677 00:26:19,926 --> 00:26:22,842 that their founder, their Richard Heart founder, 678 00:26:23,016 --> 00:26:25,627 speaks to and makes them feel very good about. 679 00:26:25,801 --> 00:26:28,412 And so when you can identify that with people, 680 00:26:28,587 --> 00:26:29,979 they tend to follow you. 681 00:26:30,806 --> 00:26:32,155 And then you can get- Then you can get them 682 00:26:32,329 --> 00:26:33,417 to do whatever you want. 683 00:26:33,592 --> 00:26:36,116 Oh, the rollies, my God... 684 00:26:36,290 --> 00:26:38,422 If he's really concerned about making the world a better place, 685 00:26:38,597 --> 00:26:41,556 then why don't you put some of your money there. 686 00:26:41,730 --> 00:26:45,821 I mean, Rolexes and Ferraris and, you know- 687 00:26:45,995 --> 00:26:48,911 Okay... but what are you about? 688 00:26:49,085 --> 00:26:51,261 What are you about without those assets? 689 00:26:54,656 --> 00:26:55,831 RICHARD: Born broke. 690 00:26:56,005 --> 00:26:58,094 My dad- He fixed air conditioners 691 00:26:58,268 --> 00:26:59,792 and delivered newspapers. 692 00:26:59,966 --> 00:27:01,881 And then when I was young, I was with him in diapers, 693 00:27:02,055 --> 00:27:03,622 delivering newspapers with him. 694 00:27:03,796 --> 00:27:05,580 And I was so small that they could just put me on the 695 00:27:05,754 --> 00:27:09,236 dashboard of the van that they would deliver the papers from. 696 00:27:10,106 --> 00:27:11,151 I had the best parents ever. 697 00:27:11,325 --> 00:27:12,543 My mom and my dad were amazing. 698 00:27:13,109 --> 00:27:14,981 They supported me 100%, every single way 699 00:27:15,155 --> 00:27:16,722 you could support somebody. 700 00:27:16,896 --> 00:27:18,593 They worked hard to get me into smart people schools. 701 00:27:18,767 --> 00:27:20,856 They worked hard to support me in every single thing I did. 702 00:27:23,424 --> 00:27:25,861 As I got older we did more air conditioning stuff. 703 00:27:26,035 --> 00:27:29,735 And in Florida, that's a really hard job because it's very hot. 704 00:27:29,909 --> 00:27:31,388 And when they call you, you're going someplace 705 00:27:31,562 --> 00:27:32,781 where the A.C. is broken, 706 00:27:32,955 --> 00:27:34,043 and you're climbing up into the attic 707 00:27:34,217 --> 00:27:35,566 where it's full of fiberglass. 708 00:27:35,741 --> 00:27:37,220 There's nails sticking through the roof. 709 00:27:37,394 --> 00:27:38,961 If you sit up too high, you get a nail in the back. 710 00:27:39,135 --> 00:27:40,397 So it's a really rough job. 711 00:27:41,572 --> 00:27:43,139 I have some of those same traits 712 00:27:43,313 --> 00:27:45,141 that my dad has in that I'm super social, 713 00:27:45,315 --> 00:27:47,013 I love talking to people. 714 00:27:47,187 --> 00:27:49,102 The one thing that I got that my dad, I guess didn't get so much, 715 00:27:49,276 --> 00:27:52,888 was this ability to to restrict that desire 716 00:27:53,062 --> 00:27:55,238 and attach it to value. 717 00:27:55,412 --> 00:27:58,633 So now when I go out, I'm saying like, where's the synergy? 718 00:27:58,807 --> 00:28:00,896 How can- what are the right people to be talking about? 719 00:28:01,070 --> 00:28:02,202 Where's the right place to be talking about? 720 00:28:02,376 --> 00:28:03,551 What's the right thing to be focusing on? 721 00:28:04,987 --> 00:28:06,641 And it's weird because now I'm almost absent minded 722 00:28:06,815 --> 00:28:08,643 because I'm so far focused on the future 723 00:28:08,817 --> 00:28:10,471 that I let balls drop around me. 724 00:28:10,645 --> 00:28:12,081 Like, people are like, "Oh, you 725 00:28:12,255 --> 00:28:13,735 don't know to get there?" I'm like, "Nope." 726 00:28:13,909 --> 00:28:14,867 And I never will because I don't need to know that once. 727 00:28:15,041 --> 00:28:16,477 I need to hire developers 728 00:28:16,651 --> 00:28:18,392 because that pays for the rest of time. 729 00:28:18,566 --> 00:28:20,524 Like the things that we build will continue to work while 730 00:28:20,699 --> 00:28:23,049 we're asleep, that will continue to affect this world for decades 731 00:28:23,223 --> 00:28:24,659 in the future. 732 00:28:24,833 --> 00:28:26,095 And the more I focus on that, I'm okay with 733 00:28:26,269 --> 00:28:27,793 not getting the directions right. 734 00:28:27,967 --> 00:28:30,186 You know, in this world of very, very complex ideas, 735 00:28:30,665 --> 00:28:33,320 you need to drill down as far down one of these paths as you 736 00:28:33,494 --> 00:28:35,278 can and become excellent at it, because then you get 737 00:28:35,452 --> 00:28:36,715 outstanding rewards. 738 00:28:36,889 --> 00:28:38,717 Bitcoin was invented in 2009. 739 00:28:38,891 --> 00:28:41,371 So I was already a rich, retired millionaire in 2003, traveling 740 00:28:41,545 --> 00:28:42,938 the world. 741 00:28:43,112 --> 00:28:46,333 And then I basically got addicted to video games 742 00:28:46,507 --> 00:28:48,944 and spent all day from when I woke up to when I went to sleep 743 00:28:49,118 --> 00:28:50,554 playing video games, 744 00:28:50,729 --> 00:28:52,165 and reading websites. 745 00:28:52,339 --> 00:28:54,341 And so then I had a really strong video card 746 00:28:54,515 --> 00:28:55,908 to play video games. 747 00:28:56,082 --> 00:28:57,518 Back then, Bitcoin, you could mine it for 748 00:28:57,692 --> 00:28:59,128 free on your computer. 749 00:28:59,302 --> 00:29:00,869 You just double click an .EXE and it pops up 750 00:29:01,043 --> 00:29:02,741 and it starts mining, 751 00:29:02,915 --> 00:29:04,133 and then if you have a video card and you know how to set it 752 00:29:04,307 --> 00:29:06,745 up, it would like mine super strong. 753 00:29:06,919 --> 00:29:08,877 It would be the equivalent of like 50 computers 754 00:29:09,051 --> 00:29:10,705 or 100 computers. 755 00:29:10,879 --> 00:29:15,275 So I was mining Bitcoin back in March of 2011 at $0.50 a coin, 756 00:29:15,449 --> 00:29:18,278 but I was getting 50 Bitcoin at a time. So, I'’m bragging about 757 00:29:18,452 --> 00:29:23,413 having $25 then, but 50 Bitcoin now is...$1.5 million? 758 00:29:25,198 --> 00:29:27,156 So then I discovered there's a lot of things wrong with it 759 00:29:27,330 --> 00:29:29,289 and I can fix those things and make them better. 760 00:29:29,463 --> 00:29:30,420 And so I did. 761 00:29:30,594 --> 00:29:32,248 HEX wasn't the original plan. 762 00:29:33,075 --> 00:29:36,078 So many things are just discovered emergently, 763 00:29:36,252 --> 00:29:37,950 so many things. 764 00:29:38,124 --> 00:29:41,257 So HEX was originally going to be a way that people could 765 00:29:41,431 --> 00:29:43,216 transmit Bitcoin value on the Ethereum network. 766 00:29:43,390 --> 00:29:46,001 And then we were like, all right, well we also would like 767 00:29:46,175 --> 00:29:48,830 it to perform well price-wise, so what can we do? 768 00:29:49,004 --> 00:29:50,614 And we introduced these features, and then we want 769 00:29:50,789 --> 00:29:52,225 people to tell their friends about it. 770 00:29:52,399 --> 00:29:54,096 So we introduced these features. 771 00:29:54,270 --> 00:29:57,404 We just kept adding things until one day what we discovered was, 772 00:29:58,274 --> 00:29:59,362 "Oh wow, look what we did." 773 00:29:59,536 --> 00:30:01,625 Like, it was- 774 00:30:01,800 --> 00:30:05,020 I didn't start out with blockchain time deposit. 775 00:30:05,194 --> 00:30:06,195 That's not where we started. 776 00:30:06,369 --> 00:30:07,327 I ended up there. 777 00:30:08,807 --> 00:30:12,506 I mean, the price is up four or 5,000 fold in 600 days. 778 00:30:13,681 --> 00:30:15,944 And then if you had staked, you would have been up, you know, 779 00:30:16,118 --> 00:30:19,034 6,000x, 8,000x, 9000x. 780 00:30:19,556 --> 00:30:21,907 These numbers are nearly impossible to believe. 781 00:30:22,081 --> 00:30:23,778 And the only way you can get people to believe they're real 782 00:30:23,952 --> 00:30:27,086 is to tell them Bitcoin's up 6.5 million x. 783 00:30:27,260 --> 00:30:30,089 So I know that four and 5,000x sounds like a lot to you, 784 00:30:30,263 --> 00:30:32,526 but in fact, in cryptocurrency it isn't 785 00:30:32,700 --> 00:30:36,878 And the ability for the price to appreciate is, is so high that 786 00:30:37,052 --> 00:30:38,445 you almost can't fathom it. 787 00:30:38,619 --> 00:30:41,578 I mean, it's like it's, it's- it's insane. 788 00:30:47,628 --> 00:30:52,328 [UPBEAT CLUB MUSIC] 789 00:31:08,736 --> 00:31:12,435 KELLY: What a day or two I have had. 790 00:31:12,871 --> 00:31:15,699 So, you know, I'm at the HEX conference. 791 00:31:15,874 --> 00:31:18,267 And I get here the first day, 792 00:31:18,746 --> 00:31:23,577 I was expecting it to be much more lavish given you keep 793 00:31:23,751 --> 00:31:25,753 hearing like people are making all this money. 794 00:31:25,927 --> 00:31:29,148 So I thought it was going to be like an aspirational kind of 795 00:31:29,322 --> 00:31:31,237 feeling kind of conference, right? 796 00:31:31,411 --> 00:31:32,803 It's real low key. 797 00:31:32,978 --> 00:31:35,632 So I would say that might be a yellow flag. 798 00:31:35,806 --> 00:31:38,287 Maybe, maybe not a red flag, but a yellow flag. 799 00:31:38,722 --> 00:31:41,551 KARIM: Today I want to bring it all back together of the wisdom 800 00:31:41,725 --> 00:31:43,031 of why we do what we do. 801 00:31:43,205 --> 00:31:44,424 Some people will know my story, right? 802 00:31:44,598 --> 00:31:45,599 I'm from Central African Republic. 803 00:31:45,773 --> 00:31:47,253 Grew up poor, right? 804 00:31:47,427 --> 00:31:50,343 I've seen the real danger of what war is about 805 00:31:50,691 --> 00:31:53,607 because ultimately the little guy gets crushed. 806 00:31:53,781 --> 00:31:55,914 The most important thing I want to give you guys again, is 807 00:31:56,088 --> 00:31:58,351 get- to try to onboard as many people as you can. 808 00:31:58,699 --> 00:32:01,267 Find it in your heart, reach out to people, even those that 809 00:32:01,441 --> 00:32:04,357 don't- go again and again and again and again. 810 00:32:04,531 --> 00:32:05,706 'Cause it's worth it. 811 00:32:09,579 --> 00:32:13,192 One time I remember I was like 14, 15 years old. 812 00:32:13,366 --> 00:32:14,802 We literally- it went all over the news. 813 00:32:14,976 --> 00:32:16,630 We literally woke up and then the currency got 814 00:32:16,804 --> 00:32:18,501 devalued 50% overnight. 815 00:32:18,675 --> 00:32:21,113 When a currency gets devalued by half, 816 00:32:21,287 --> 00:32:23,158 it's like all of a sudden we have to work 817 00:32:23,332 --> 00:32:24,768 twice as hard just to get the same money 818 00:32:24,943 --> 00:32:27,293 we just got back literally just the day before. 819 00:32:27,684 --> 00:32:29,295 And there's nothing you can do about it. 820 00:32:29,469 --> 00:32:32,385 Literally, it just- deal with it type of situation. 821 00:32:32,907 --> 00:32:35,562 KELLY: You were talking about your Dream Account. 822 00:32:35,736 --> 00:32:36,606 KARIM: Yes, ma'am. 823 00:32:36,780 --> 00:32:38,217 What in the world is that? 824 00:32:38,391 --> 00:32:39,305 I can show it to you. 825 00:32:39,479 --> 00:32:40,959 If you want to see. 826 00:32:41,133 --> 00:32:42,047 KELLY: Yeah? You'’ll show me? KARIM: Yeah. 827 00:32:42,221 --> 00:32:43,918 Yes, ma'am. So- 828 00:32:44,092 --> 00:32:46,181 this is one of my account here, right? It says $10 million. 829 00:32:46,355 --> 00:32:47,400 KELLY: Karim- 830 00:32:47,574 --> 00:32:48,270 KARIM: Now- KELLY: Karim. 831 00:32:48,444 --> 00:32:49,228 KARIM: Yes? 832 00:32:49,402 --> 00:32:50,620 KELLY: This account... 833 00:32:50,794 --> 00:32:51,926 KARIM: Yeah. KELLY: Is $10 million? 834 00:32:52,100 --> 00:32:52,883 KARIM: Yes. KELLY: 10 million 835 00:32:53,058 --> 00:32:54,363 KELLY: crypto dollars? 836 00:32:54,537 --> 00:32:55,625 KARIM: 10 mill- It's- the value is in USD. 837 00:32:56,148 --> 00:32:57,845 Just doesn't sound believable. 838 00:32:58,237 --> 00:33:01,588 Nothing was ever done in the history of the world by any 839 00:33:01,762 --> 00:33:04,112 human being that didn't require some level of 840 00:33:04,286 --> 00:33:06,114 delayed gratification. 841 00:33:06,288 --> 00:33:10,292 Then I spent the day talking to Hexicans, 842 00:33:10,466 --> 00:33:13,774 and it is clear that they love Richard. 843 00:33:13,948 --> 00:33:17,865 [CHANTING] Richard! Richard! Richard! 844 00:33:18,257 --> 00:33:23,218 So my interviews were with very successful Hexicans. 845 00:33:23,479 --> 00:33:25,699 You know, they got in early... 846 00:33:25,873 --> 00:33:28,484 and they'd gotten something huge out of it. 847 00:33:28,658 --> 00:33:32,532 But when I go to the conference and I see the people, I feel 848 00:33:32,706 --> 00:33:35,491 like desperation has a look to it. 849 00:33:35,665 --> 00:33:39,147 And so- and when you're looking for just anything, 850 00:33:39,321 --> 00:33:41,193 you will fall for anything. 851 00:33:41,367 --> 00:33:46,111 You know? And it's like the few that have been successful 852 00:33:46,285 --> 00:33:50,245 don't match the audience that I'’m seeing and that concerns me. 853 00:33:50,419 --> 00:33:51,507 LAMONT: Have you ever been to, like a 854 00:33:51,681 --> 00:33:53,379 house flipping conference? 855 00:33:53,553 --> 00:33:56,860 They always put the like kind of the people who made a ton of 856 00:33:57,035 --> 00:34:00,516 money upfront and be like, "You can be like this person!"” 857 00:34:00,690 --> 00:34:02,997 And then everyone's just like, "Oh yeah, I could do that." 858 00:34:03,171 --> 00:34:05,782 "I want that." Sounds a lot like that. 859 00:34:06,174 --> 00:34:07,915 KARIM: Remember earlier when we were talking? 860 00:34:08,307 --> 00:34:09,134 Right? 861 00:34:09,308 --> 00:34:10,265 Let me hit refresh. 862 00:34:11,353 --> 00:34:12,528 [DRAMATIC MUSIC] 863 00:34:12,702 --> 00:34:15,314 In the past hour, I made $1,000,000- 864 00:34:15,488 --> 00:34:16,793 Well, my account value went up 865 00:34:16,967 --> 00:34:19,448 $1,000,000 because we went up 20%. 866 00:34:19,622 --> 00:34:21,276 And this is the power of delayed 867 00:34:21,450 --> 00:34:23,061 gratification because I'm getting more coins. 868 00:34:23,235 --> 00:34:26,890 And as HEX goes up in value, all the previous payments 869 00:34:27,065 --> 00:34:28,762 are now worth more. 870 00:34:28,936 --> 00:34:31,547 I didn't trade. I spent quality time with you, educating you 871 00:34:31,721 --> 00:34:34,159 about why I believe HEX will change your life. 872 00:34:34,724 --> 00:34:35,638 I'm like the hamster. 873 00:34:35,812 --> 00:34:37,510 I feel like I'm a hamster in 874 00:34:37,684 --> 00:34:39,599 this wheel of just running, running, running, 875 00:34:39,773 --> 00:34:42,732 and not really getting where 876 00:34:42,906 --> 00:34:45,474 some of the people that I've talked to have gotten. 877 00:34:45,648 --> 00:34:49,304 Just to hear people say, I'm looking at a $10 million house 878 00:34:49,478 --> 00:34:51,089 or bought a $80,000 car. 879 00:34:51,263 --> 00:34:53,656 You're like, "No, not really." 880 00:34:53,830 --> 00:34:55,919 But yeah, they really, really did. 881 00:34:56,094 --> 00:34:57,443 KELLY: So we can't do anything with it. 882 00:34:57,617 --> 00:34:59,314 KARIM: Yes. KELLY: We can't go out to eat. 883 00:34:59,488 --> 00:35:00,620 KELLY: We can't go on a trip. 884 00:35:00,794 --> 00:35:02,404 KELLY: We can't pay a bill. 885 00:35:02,578 --> 00:35:04,014 Pay a light bill, pay a grocery bill. 886 00:35:04,189 --> 00:35:05,364 We can't do anything with it. 887 00:35:05,799 --> 00:35:07,192 Your bills is your bills. 888 00:35:07,366 --> 00:35:09,281 You don't take the rent money to go and invest. 889 00:35:09,455 --> 00:35:10,673 KELLY: But people are doing that though right? 890 00:35:10,847 --> 00:35:11,631 Exactly but they shouldn't do that. 891 00:35:11,805 --> 00:35:13,198 Okay. All right- 892 00:35:13,372 --> 00:35:14,982 And we don't teach that. Those are investments. 893 00:35:15,156 --> 00:35:16,418 They stay where they belong. 894 00:35:19,856 --> 00:35:23,382 KELLY: You've been studying the activities of the HEX 895 00:35:23,556 --> 00:35:25,166 on the blockchain, right? 896 00:35:25,819 --> 00:35:27,603 Why wouldn't you invest in it? 897 00:35:27,951 --> 00:35:28,909 LAMONT: All right. 898 00:35:29,083 --> 00:35:31,564 So I've told you from day one. 899 00:35:31,955 --> 00:35:34,958 The main thing I don't like about it is it does nothing. 900 00:35:35,263 --> 00:35:37,178 KELLY: Well, take that back, yes, it does do something. 901 00:35:37,352 --> 00:35:40,312 It makes people money. 902 00:35:40,486 --> 00:35:43,445 I don't think that HEX is a Ponzi scheme, 903 00:35:43,619 --> 00:35:47,884 but Ponzi schemes also make people money until they don'’t. 904 00:35:48,276 --> 00:35:49,973 I just don't see the value. 905 00:35:50,626 --> 00:35:52,846 Like I am a finance professional. 906 00:35:53,020 --> 00:35:55,109 What I look for is value, 907 00:35:55,283 --> 00:35:56,241 what is the value- 908 00:35:56,415 --> 00:35:57,459 Doesn't money bring you value? 909 00:35:58,417 --> 00:36:00,506 KELLY: You mean to tell me that- 910 00:36:00,680 --> 00:36:02,116 If you said- If I asked you, 911 00:36:02,290 --> 00:36:03,857 "Lamont, can I borrow $150?" 912 00:36:04,031 --> 00:36:05,815 And you said, "Sure Kelly, I'll give you $150." 913 00:36:06,076 --> 00:36:10,168 And I bought HEX with it and then told you in two years, 914 00:36:10,342 --> 00:36:14,563 you know that $150 loan, I turned it into... 915 00:36:15,042 --> 00:36:17,653 $40,000 and I'’m giving it to you. 916 00:36:17,827 --> 00:36:20,961 Would you say to me, "Kelly, on principle, I'm a finance 917 00:36:21,135 --> 00:36:22,658 professional. I'm not going to take the money."” 918 00:36:22,832 --> 00:36:24,007 Is that what you would say to me? 919 00:36:26,053 --> 00:36:28,447 LAMONT: I'm not sure I would turn that down. 920 00:36:28,621 --> 00:36:29,926 KELLY: Okay. 921 00:36:30,100 --> 00:36:32,451 LAMONT: So it's not so much ethics... 922 00:36:33,103 --> 00:36:36,542 It's more so that... like, 923 00:36:36,716 --> 00:36:38,674 it's also why I don't play much poker. 924 00:36:38,848 --> 00:36:41,677 LAMONT: Like, to me- KELLY: Isn't crypto poker 925 00:36:41,851 --> 00:36:43,157 KELLY: though? LAMONT: No! 926 00:36:43,331 --> 00:36:45,115 LAMONT: Winning money playing a game, 927 00:36:45,290 --> 00:36:46,421 some people enjoy that. 928 00:36:46,595 --> 00:36:48,641 I view HEX as a game. 929 00:36:49,381 --> 00:36:51,383 People can make money playing games. 930 00:36:51,557 --> 00:36:52,906 They do that all the time. 931 00:36:53,080 --> 00:36:55,387 Sports betting... you're making money off of 932 00:36:55,561 --> 00:36:57,345 other people playing games. 933 00:36:57,519 --> 00:36:59,042 I'm not against all that stuff. 934 00:36:59,217 --> 00:37:01,567 It's just I'm not into it. Like that's- 935 00:37:02,132 --> 00:37:05,179 I want my money to do stuff, not just to like- 936 00:37:05,353 --> 00:37:08,095 KELLY: But that $40,000 I'm going to give you, 937 00:37:08,269 --> 00:37:09,662 you can go do something with that. 938 00:37:09,836 --> 00:37:11,533 That's where I'm saying like... 939 00:37:11,707 --> 00:37:13,796 yeah, I'd have to think about it. 940 00:37:13,970 --> 00:37:17,800 I might not turn that down, but if I had money and I had a 941 00:37:17,974 --> 00:37:21,456 choice, do I want to put it in something I think is interesting 942 00:37:21,630 --> 00:37:24,764 and valuable versus something that might make me money, 943 00:37:24,938 --> 00:37:27,288 but it just I don't get it- 944 00:37:27,462 --> 00:37:28,594 Like, I just- I still don't- 945 00:37:28,768 --> 00:37:32,946 KELLY: Lamont... Lamont... 946 00:37:33,120 --> 00:37:34,121 Come on. 947 00:37:34,295 --> 00:37:38,038 [CROWD CHEERING] 948 00:37:45,306 --> 00:37:48,004 BIG K: Richard is a, you know, a colorful personality, 949 00:37:48,178 --> 00:37:49,484 you know, to say the least. 950 00:37:49,658 --> 00:37:52,052 This guy, something rubs me the wrong way, 951 00:37:52,226 --> 00:37:54,359 and thought he was pretty arrogant and pretty- pretty 952 00:37:54,533 --> 00:37:56,665 egotistical and pretty brash and 953 00:37:56,839 --> 00:37:58,841 a little more flamboyant than I could handle. 954 00:37:59,015 --> 00:38:00,800 And it was mostly because of the things he said 955 00:38:00,974 --> 00:38:02,149 about the projects that I liked. 956 00:38:02,323 --> 00:38:03,455 You don't run a node. 957 00:38:03,933 --> 00:38:06,762 You are the bitch of the actual pool 958 00:38:06,936 --> 00:38:09,809 that runs a node and they decide what the consensus rules are. 959 00:38:09,983 --> 00:38:13,421 I was like yelling at the top of my, like standing in my chair, 960 00:38:13,595 --> 00:38:14,814 "Fuck this guy!" 961 00:38:14,988 --> 00:38:16,206 Yeah, "This guy is fucking- What? 962 00:38:16,381 --> 00:38:18,121 Who does this guy think he is?!" 963 00:38:18,731 --> 00:38:21,951 I was upset, you know, and so I straight up blocked him. 964 00:38:22,125 --> 00:38:26,304 My first hearing of Bitcoin, I was on a forum. 965 00:38:26,478 --> 00:38:27,827 They said if you turn on your graphics card 966 00:38:28,001 --> 00:38:29,350 while you're not playing games, 967 00:38:29,524 --> 00:38:30,482 you make about three or four bucks a day. 968 00:38:30,656 --> 00:38:31,961 Just out of nowhere. 969 00:38:32,135 --> 00:38:33,789 I've got, you know, in ten days I got 30 bucks 970 00:38:33,963 --> 00:38:35,965 in my wallet or whatever of these coins. 971 00:38:36,139 --> 00:38:37,576 And I'm like, "What is going on here?" 972 00:38:37,750 --> 00:38:38,838 You know, this is crazy. 973 00:38:39,012 --> 00:38:40,492 I was immediately hooked. 974 00:38:42,755 --> 00:38:44,713 Being able to build supercomputers with multiple 975 00:38:44,887 --> 00:38:46,628 graphics cards, that kind of thing interested me. 976 00:38:46,802 --> 00:38:48,804 So next thing I know, I've got three graphics cards 977 00:38:48,978 --> 00:38:51,198 and two different computers running in my room. 978 00:38:51,372 --> 00:38:54,027 There's something here, you know, we've got something here! 979 00:38:54,201 --> 00:38:56,769 This could be something that if I made this into a business, 980 00:38:56,943 --> 00:38:58,423 I could do something that I love, 981 00:38:58,597 --> 00:39:00,294 building computers and running software. 982 00:39:00,468 --> 00:39:01,426 That's the dream, you know? 983 00:39:01,600 --> 00:39:03,123 So I wrote up a business plan. 984 00:39:03,297 --> 00:39:05,473 I was driven, so I didn't stop there. 985 00:39:05,647 --> 00:39:07,388 I found two friends of mine and I was like, 986 00:39:07,562 --> 00:39:09,172 "Let's build a business together." 987 00:39:09,347 --> 00:39:11,610 He was like, "Let's work out a deal." And he very blasé in his 988 00:39:11,784 --> 00:39:12,959 way, was like, "Is half a million enough?"” 989 00:39:13,133 --> 00:39:14,090 And I was like, 990 00:39:14,264 --> 00:39:16,528 Indeed it is, Sir. Indeed it is. 991 00:39:17,746 --> 00:39:19,444 But he lived up in Chicago. 992 00:39:19,618 --> 00:39:22,838 It is cold there and that's great for mining. 993 00:39:23,012 --> 00:39:24,710 And my grandma lives up there, too. 994 00:39:24,884 --> 00:39:27,669 So I went to my grandma and I said, "Hey, can I use your 995 00:39:27,843 --> 00:39:31,107 basement to start running some mining hardware?"” 996 00:39:31,281 --> 00:39:35,851 When you first asked me about using the basement for some of 997 00:39:36,025 --> 00:39:39,246 your machines, I thought, "He knows what he'’s doing."” 998 00:39:39,420 --> 00:39:41,117 [LAUGHTER] 999 00:39:41,291 --> 00:39:43,598 And then you said, "I'm going to pay you to use the shelves." 1000 00:39:43,772 --> 00:39:44,904 And I said, "What?" 1001 00:39:45,992 --> 00:39:47,254 This is unbelievable. 1002 00:39:55,915 --> 00:39:59,353 And like in my business plan, I was expecting to be able to 1003 00:39:59,527 --> 00:40:04,184 break even or at least pay off the note within about two years. 1004 00:40:06,578 --> 00:40:09,189 LAMONT: Crypto is not a one way train up. 1005 00:40:09,363 --> 00:40:11,539 You know, there's a lot of people who make a lot of money, 1006 00:40:11,713 --> 00:40:13,846 and usually those are the people on social media 1007 00:40:14,020 --> 00:40:16,979 who are waving their hands and they want to tell everyone. 1008 00:40:17,153 --> 00:40:19,765 But there's a lot of stories of loss too. 1009 00:40:21,810 --> 00:40:24,509 BIG K: Slightly after that, like right around that time, 1010 00:40:24,683 --> 00:40:27,773 the markets were like crashing everywhere. 1011 00:40:27,947 --> 00:40:31,167 Mining was no longer economically viable. 1012 00:40:31,341 --> 00:40:34,562 The price did not support running the equipment. 1013 00:40:34,736 --> 00:40:36,999 You were paying much more in electricity 1014 00:40:37,173 --> 00:40:39,785 than you were making monthly in coins. 1015 00:40:43,397 --> 00:40:48,184 I realized that, uh, I had to have a conversation with my wife 1016 00:40:48,358 --> 00:40:50,230 and my business partner. 1017 00:40:50,491 --> 00:40:53,363 I went and saw my friend who had given me the line of credit. 1018 00:40:55,409 --> 00:40:58,020 And I told him, bro, I don't know if- 1019 00:40:58,847 --> 00:41:00,675 I don't know if this is going to work. 1020 00:41:01,371 --> 00:41:05,027 I had probably lost, you know, close to 75%. 1021 00:41:06,246 --> 00:41:09,031 He was like, "I didn't invest in cryptocurrency, 1022 00:41:09,205 --> 00:41:10,946 I invested in you." 1023 00:41:11,120 --> 00:41:12,948 "I invested in you, and I want you to put your nose to the 1024 00:41:13,122 --> 00:41:14,733 grindstone and keep working at this."” 1025 00:41:14,907 --> 00:41:16,604 "I think you will figure it out." 1026 00:41:16,778 --> 00:41:19,694 It, you know, re-energized me enough to where I realized 1027 00:41:19,868 --> 00:41:22,001 I needed to step outside of my echo chamber. 1028 00:41:22,175 --> 00:41:24,438 So I started to unblock several people 1029 00:41:24,612 --> 00:41:26,135 that I hadn't liked on Twitter. 1030 00:41:26,309 --> 00:41:28,616 And one clip after another... 1031 00:41:28,921 --> 00:41:33,752 It was like a painful recognition 1032 00:41:33,926 --> 00:41:37,407 that I was very wrong and this guy was very right. 1033 00:41:37,582 --> 00:41:39,105 RICHARD: So you want to get rich. 1034 00:41:39,279 --> 00:41:40,759 I'm going to tell you a little something about money. 1035 00:41:41,150 --> 00:41:44,763 In this world, you don't see the richest people doing things with 1036 00:41:44,937 --> 00:41:46,678 their time and getting paid hourly. 1037 00:41:46,852 --> 00:41:49,419 I think Hexicans don't love me for my million dollar Rolex 1038 00:41:49,594 --> 00:41:53,815 or roughly million dollars of Bulgari high-fashion jewelry. 1039 00:41:54,120 --> 00:41:55,338 I think they love me because I 1040 00:41:55,513 --> 00:41:56,992 predict the future like a prophet. 1041 00:41:57,166 --> 00:41:59,734 I basically have predicted so many things 1042 00:41:59,908 --> 00:42:01,649 in cryptocurrency and in markets. 1043 00:42:01,823 --> 00:42:04,957 I called it when Bitcoin went from $20,000 to $3,000. 1044 00:42:05,131 --> 00:42:09,178 I called when Bitcoin went down from $65,000 to $17,000. 1045 00:42:09,352 --> 00:42:13,095 Most of the reason that I've been interviewed on Fox News and 1046 00:42:13,269 --> 00:42:16,882 RT television and other news programs is not because of the 1047 00:42:17,056 --> 00:42:19,232 products I'’ve created, 1048 00:42:19,406 --> 00:42:21,408 but because of the price predictions that I've made that have become true. 1049 00:42:21,843 --> 00:42:23,453 I called the top on the day. 1050 00:42:23,628 --> 00:42:25,281 Everyone else told you Bitcoin was going to 100,000. 1051 00:42:25,455 --> 00:42:27,545 I told you it was going down to 10,000. 1052 00:42:28,371 --> 00:42:30,504 BIG K: There are more complex projects. 1053 00:42:30,678 --> 00:42:34,769 Lots more complex projects. HEX is 3,000 some odd lines of code. 1054 00:42:34,943 --> 00:42:38,294 It's really not that complex of even a coding piece. 1055 00:42:38,904 --> 00:42:42,081 But, the- the relationships that are in it 1056 00:42:42,255 --> 00:42:46,520 and the way that the system is self-balancing is 1057 00:42:46,694 --> 00:42:48,957 dramatically different than anything else that had 1058 00:42:49,131 --> 00:42:50,568 existed before it. 1059 00:42:51,699 --> 00:42:54,354 It monetizes the time value of money. 1060 00:42:54,615 --> 00:42:58,880 I mean, it finds a way to take the one thing that works in 1061 00:42:59,054 --> 00:43:02,144 personal development, in financial investments. 1062 00:43:02,318 --> 00:43:05,017 in most other things in life, and monetizes it. 1063 00:43:05,191 --> 00:43:06,671 And that's delayed gratification. 1064 00:43:06,845 --> 00:43:08,934 I mean, it is- it is delayed gratification 1065 00:43:09,108 --> 00:43:10,588 in a smart contract. 1066 00:43:10,762 --> 00:43:12,111 No one has ever locked up their money for as long. 1067 00:43:12,590 --> 00:43:15,331 If you buy a bond or a T-bill or a house, you can sell it. 1068 00:43:15,505 --> 00:43:18,596 But if you lock up your HEX for 15 years, you cannot sell it. 1069 00:43:18,770 --> 00:43:20,249 Do what you said you were gonna do. 1070 00:43:20,423 --> 00:43:22,164 You said you were gonna do it for this long, you 1071 00:43:22,338 --> 00:43:23,296 better do it that long or you're going to pay penalties to the 1072 00:43:23,470 --> 00:43:24,819 others that did. 1073 00:43:24,993 --> 00:43:28,301 The price chart of a- of a T-Share, 1074 00:43:28,475 --> 00:43:30,172 which means a trillion shares. 1075 00:43:30,346 --> 00:43:32,131 So it's basically shares of HEX. 1076 00:43:32,305 --> 00:43:34,873 They get all of the inflation, they get all of the interest. 1077 00:43:36,048 --> 00:43:40,705 So the price of a T-Share only goes up and can only go up 1078 00:43:40,879 --> 00:43:43,098 forever, can never go down. 1079 00:43:43,621 --> 00:43:46,188 Now the US Dollar price goes up and down based on the value of 1080 00:43:46,362 --> 00:43:48,800 HEX, but the price of a T-Share in HEX terms 1081 00:43:48,974 --> 00:43:50,366 only goes up forever. 1082 00:43:50,540 --> 00:43:51,541 Now why is that? 1083 00:43:53,021 --> 00:43:54,719 Because that's how we simulate compounding interest. 1084 00:43:55,589 --> 00:43:57,460 Compounding interest means that 1085 00:43:57,635 --> 00:44:00,202 the person that got in longer gets more. 1086 00:44:00,376 --> 00:44:02,335 And the person that gets in later gets less. 1087 00:44:02,509 --> 00:44:04,511 Because this guy's thing has been growing the whole time. 1088 00:44:05,294 --> 00:44:07,296 And so we can either keep writing to the database, paying 1089 00:44:07,470 --> 00:44:09,864 rewards to the thousands of people that have stakes 1090 00:44:10,038 --> 00:44:11,779 and murdering the database, 1091 00:44:11,953 --> 00:44:16,131 or we could perform the same math inverted and raise the 1092 00:44:16,305 --> 00:44:18,873 share price for the new guy so the new guys get less. 1093 00:44:19,221 --> 00:44:21,702 and so the old guys stay static in the number of shares they 1094 00:44:21,876 --> 00:44:23,661 have and the new guys get less shares, 1095 00:44:23,835 --> 00:44:27,969 and so we have a share price chart that only goes up forever 1096 00:44:28,143 --> 00:44:31,103 and that is awesome for on-ramping new users. 1097 00:44:32,060 --> 00:44:34,236 BIG K: I have a good friend who paid a lot of attention to me 1098 00:44:34,410 --> 00:44:37,457 early on and put in 3500 bucks. 1099 00:44:37,631 --> 00:44:39,633 And he's sitting on 4 million right now. 1100 00:44:40,590 --> 00:44:43,985 I mean, I've personally been able to help at least more than 1101 00:44:44,159 --> 00:44:47,206 ten people achieve their own financial freedom. 1102 00:44:49,208 --> 00:44:51,079 RICHARD: Let's get some meet-up action goin' here. 1103 00:44:51,514 --> 00:44:52,907 Hey, everyone. 1104 00:44:53,081 --> 00:44:54,039 Let's have a Hexican meet up in Copenhagen. 1105 00:44:54,213 --> 00:44:56,041 Wednesday at 6:30pm works great. 1106 00:44:56,215 --> 00:44:57,477 I'll let you know the location on the day. 1107 00:44:57,651 --> 00:44:59,218 Please respond here if you are coming. 1108 00:44:59,392 --> 00:45:02,395 So you got people saying, "One of my favorite cities!". 1109 00:45:02,569 --> 00:45:03,396 "Woooo!". 1110 00:45:03,570 --> 00:45:04,527 "We will be there." 1111 00:45:04,702 --> 00:45:06,355 "5 to 7 people." Says this guy. 1112 00:45:06,747 --> 00:45:07,617 "I love you." 1113 00:45:07,792 --> 00:45:09,271 "Meet-up means pump." lol. 1114 00:45:09,924 --> 00:45:11,230 It's pretty good. 1115 00:45:11,404 --> 00:45:12,927 Every Hexican I've met's been awesome. 1116 00:45:13,101 --> 00:45:14,581 We've done a lot of meet-ups. We did a meet-up in Warsaw. 1117 00:45:14,755 --> 00:45:16,670 We did a meet-up in Prague. 1118 00:45:17,149 --> 00:45:19,586 Paris, Zurich. 1119 00:45:19,760 --> 00:45:21,675 [unintelligble] 1120 00:45:22,110 --> 00:45:24,156 Yeah, it should be because it's not live yet- 1121 00:45:24,330 --> 00:45:25,505 I put out these requests, like, 1122 00:45:25,679 --> 00:45:27,289 "Hey, you guys want to come meet up?" 1123 00:45:27,463 --> 00:45:28,638 You don't know how many people are going to show up. 1124 00:45:28,813 --> 00:45:30,162 We got one of their rooms in the hotel, 1125 00:45:30,336 --> 00:45:32,120 and then 150 people showed up. 1126 00:45:32,294 --> 00:45:33,643 So we filled up the first room, 1127 00:45:33,818 --> 00:45:35,733 and then we filled up the next room. 1128 00:45:35,907 --> 00:45:38,387 And then there were no rooms left because of fire laws. 1129 00:45:38,648 --> 00:45:40,215 And then there was people just out in the streets. 1130 00:45:41,173 --> 00:45:42,827 Human luggage gives speech. 1131 00:45:44,437 --> 00:45:46,134 When we went outside to do the photo, 1132 00:45:46,526 --> 00:45:48,354 they're really like, "Richard! Richard! Richard!" 1133 00:45:48,528 --> 00:45:49,921 And I'm like, eh that's cool, you know. 1134 00:45:50,095 --> 00:45:51,836 How's it going out there, everybody? 1135 00:45:52,010 --> 00:45:52,837 Welcome. 1136 00:45:53,011 --> 00:45:54,142 Welcome, everybody. 1137 00:45:54,316 --> 00:45:56,666 So who here is a Hexican? 1138 00:45:57,145 --> 00:45:58,103 Any Hexicans here? 1139 00:45:59,887 --> 00:46:01,193 Who here is from really far away? 1140 00:46:01,367 --> 00:46:02,411 Do we have anyone that came from, like, 1141 00:46:02,585 --> 00:46:03,848 a really long distance? 1142 00:46:04,022 --> 00:46:05,545 HEXICAN: Los Angeles! RICHARD: Wow. 1143 00:46:05,719 --> 00:46:07,068 That's going to be a winner right there. 1144 00:46:08,069 --> 00:46:09,027 That's a long swim. 1145 00:46:11,029 --> 00:46:13,509 LAMONT: I think Richard is a bit of a narcissist. 1146 00:46:13,683 --> 00:46:15,816 You know people like him, 1147 00:46:15,990 --> 00:46:18,166 they- they like to hear themselves talk, 1148 00:46:18,340 --> 00:46:22,301 they're very infatuated with their own persona. 1149 00:46:22,475 --> 00:46:23,737 It's so nice to see all you guys. 1150 00:46:23,911 --> 00:46:24,956 We got two live streams now. 1151 00:46:25,130 --> 00:46:26,392 We're streaming on my channel. 1152 00:46:26,566 --> 00:46:27,654 You guys got any questions out there? 1153 00:46:27,828 --> 00:46:29,569 I use the Internet every day, 1154 00:46:29,830 --> 00:46:32,441 why haven't I heard about HEX before today? 1155 00:46:32,615 --> 00:46:33,573 All right. [LAUGHTER] 1156 00:46:33,747 --> 00:46:35,096 Well, that's a great question. 1157 00:46:35,488 --> 00:46:36,750 That is a great question. 1158 00:46:37,316 --> 00:46:39,448 I spend most of my waking time shilling on Twitter as hard as 1159 00:46:39,622 --> 00:46:42,147 I can, so it's definitely not my fault. 1160 00:46:42,321 --> 00:46:44,236 A tangential answer which might help you... 1161 00:46:44,410 --> 00:46:47,674 There are people that as a mission try to starve people 1162 00:46:47,848 --> 00:46:49,589 of the information that HEX exists. 1163 00:46:49,763 --> 00:46:51,939 They consider HEX a threat to their livelihood. 1164 00:46:52,113 --> 00:46:54,550 YouTube influencers will never say anything nice about HEX 1165 00:46:54,724 --> 00:46:56,378 because they can't make money on it, becuase there is no margin 1166 00:46:56,552 --> 00:46:58,293 trading for it. 1167 00:46:58,467 --> 00:46:59,860 The only threads that you're allowed to hear about in Reddit 1168 00:47:00,034 --> 00:47:02,341 are ones that are counter HEX or counter me 1169 00:47:02,515 --> 00:47:04,169 hateful threads only. 1170 00:47:04,343 --> 00:47:05,953 You're not allowed to say anything positive about HEX 1171 00:47:06,127 --> 00:47:08,303 at all, or you will literally just have your comments deleted 1172 00:47:08,477 --> 00:47:09,783 and you will be banned. 1173 00:47:09,957 --> 00:47:11,785 Which is crazy to me, because we won! 1174 00:47:11,959 --> 00:47:13,613 Hello, Richard. My name is Steffen. 1175 00:47:13,787 --> 00:47:15,441 Hey, Steffen. 1176 00:47:15,615 --> 00:47:16,442 I work for the Ministry of Finance and Economic Agency. 1177 00:47:16,616 --> 00:47:17,443 Oh, my God. 1178 00:47:17,617 --> 00:47:18,487 Don't worry. 1179 00:47:18,661 --> 00:47:19,880 Don't worry. I'm- 1180 00:47:20,054 --> 00:47:21,534 He's here to take it all from us! 1181 00:47:21,708 --> 00:47:24,276 I'm here in a private matter, unfortunately I guess. 1182 00:47:24,667 --> 00:47:27,496 There is technological progress happening here. 1183 00:47:27,670 --> 00:47:29,411 All the currencies in the world are digital. 1184 00:47:29,890 --> 00:47:32,850 Our currency just has a better known future issuance rate. 1185 00:47:33,589 --> 00:47:34,590 Go ahead. 1186 00:47:35,243 --> 00:47:36,375 My question is very short. 1187 00:47:36,549 --> 00:47:37,898 So are you, sir, so are you. 1188 00:47:38,725 --> 00:47:42,120 If I have 10,000 HEX- 1189 00:47:42,294 --> 00:47:43,556 RICHARD: Okay. 1190 00:47:43,730 --> 00:47:45,558 How long time it take me to be rich? 1191 00:47:46,385 --> 00:47:50,171 There is this kind of sense of like, I have to be a cult leader 1192 00:47:50,345 --> 00:47:52,652 in order to build a cult following 1193 00:47:52,826 --> 00:47:56,090 But for serious people who actually look at this as an 1194 00:47:56,264 --> 00:47:59,354 investment and they're standing back and trying to evaluate it, 1195 00:47:59,528 --> 00:48:01,400 like that is sending all the wrong signals. 1196 00:48:01,574 --> 00:48:03,358 RICHARD: To tell you the truth, If you go out- you should come 1197 00:48:03,532 --> 00:48:04,838 with me sometime to the bar. 1198 00:48:05,056 --> 00:48:06,448 I like going to bars. I like meeting people. 1199 00:48:06,622 --> 00:48:08,363 I say, "Hey, how's it going?". 1200 00:48:08,537 --> 00:48:09,712 You know, "Where are you from?". All that. You start- you bust 1201 00:48:09,887 --> 00:48:11,279 out the "I'm rich." They don't like it. 1202 00:48:11,453 --> 00:48:12,977 I swear to God, they don't like it. 1203 00:48:13,499 --> 00:48:15,936 You got to find artful, humblebrag ways to be like, 1204 00:48:16,110 --> 00:48:17,242 oh you know... 1205 00:48:17,416 --> 00:48:18,721 I was at the car dealer yesterday. 1206 00:48:18,896 --> 00:48:20,332 Please ask me which dealer, please. 1207 00:48:20,593 --> 00:48:21,420 Come on. 1208 00:48:21,594 --> 00:48:22,508 Come onnnn. 1209 00:48:22,682 --> 00:48:24,640 Do it! [LAUGHTER] 1210 00:48:26,425 --> 00:48:30,168 How high do you think HEX will ever come? 1211 00:48:30,516 --> 00:48:32,039 I look at the chart and I see that 1212 00:48:32,213 --> 00:48:33,736 it just goes up to the right. 1213 00:48:33,911 --> 00:48:35,608 But it's not curving down. 1214 00:48:35,782 --> 00:48:38,132 It's going up and to the right and then curving up as well. 1215 00:48:38,306 --> 00:48:40,961 We are in the highest appreciating asset class in the 1216 00:48:41,135 --> 00:48:43,921 world and we are in the best version of all these assets, 1217 00:48:44,095 --> 00:48:47,794 like so, I- I believe that it could do numbers that feel weird 1218 00:48:47,968 --> 00:48:49,665 saying them. 1219 00:48:49,839 --> 00:48:51,885 LAMONT: So cults are just messed up and they are never a 1220 00:48:52,059 --> 00:48:53,756 good idea. 1221 00:48:53,931 --> 00:48:57,021 Now the problem is you mix a cult and money, finance and 1222 00:48:57,195 --> 00:49:00,546 investing, and I think things get even worse because you'’re 1223 00:49:00,720 --> 00:49:03,679 basically convincing people to put their trust in you. 1224 00:49:03,853 --> 00:49:06,639 They start doing whatever you say and you say buy, buy, buy, 1225 00:49:06,813 --> 00:49:08,162 hold, hold, hold... 1226 00:49:08,336 --> 00:49:09,903 and pretty soon you've got a whole community 1227 00:49:10,077 --> 00:49:11,426 working together. 1228 00:49:11,600 --> 00:49:13,167 But as soon as someone steps back and says, 1229 00:49:13,341 --> 00:49:14,777 "Wait a second, what are we all doing here?" 1230 00:49:15,082 --> 00:49:16,910 "What is this thing that we're investing in?" 1231 00:49:17,171 --> 00:49:20,174 Then people are going to start peeling off and suddenly the 1232 00:49:20,348 --> 00:49:22,263 cult starts to get a little shaky. 1233 00:49:22,437 --> 00:49:24,831 The cult leader is going to yell louder and louder. 1234 00:49:25,005 --> 00:49:26,964 Try and amp them up more and more. 1235 00:49:27,486 --> 00:49:30,750 But all it takes is a few people waking up where other people are 1236 00:49:30,924 --> 00:49:32,839 going to start following them and suddenly the cult 1237 00:49:33,013 --> 00:49:34,623 breaks down. 1238 00:49:34,797 --> 00:49:37,670 and you know, those stories never end well. 1239 00:49:38,671 --> 00:49:41,543 [Hexican] Everything I have worked for all of my life is 1240 00:49:41,717 --> 00:49:42,588 staked in HEX. 1241 00:49:42,762 --> 00:49:43,763 Good. 1242 00:49:46,418 --> 00:49:47,636 RICHARD: Who wants to be in a picture? 1243 00:49:47,810 --> 00:49:48,768 You guys- 1244 00:49:48,942 --> 00:49:49,812 Let's do a group one first. 1245 00:49:51,075 --> 00:49:52,685 Can we get the girls in the middle maybe? 1246 00:49:52,859 --> 00:49:54,469 I just appear like a narcissist. 1247 00:49:54,643 --> 00:49:58,212 The problem with being really smart and effective and 1248 00:49:58,386 --> 00:50:01,607 successful is that if you list the truth about yourself, 1249 00:50:01,781 --> 00:50:02,912 it sounds terrible. 1250 00:50:04,001 --> 00:50:05,524 Hi, I'm Richard Heart. 1251 00:50:05,698 --> 00:50:07,961 I have a 145 IQ, and I'm rumored to be a billionaire. 1252 00:50:08,135 --> 00:50:11,182 And I have $10 million of watches and $3 million of cars. 1253 00:50:11,356 --> 00:50:13,358 And you're just like... it sucks. 1254 00:50:13,532 --> 00:50:14,707 Like, nobody wants to hear all that. 1255 00:50:25,413 --> 00:50:27,850 LAMONT: You can't really get to know a new crypto without 1256 00:50:28,025 --> 00:50:29,896 understanding the founder. 1257 00:50:30,070 --> 00:50:31,854 I think this place is kick ass. 1258 00:50:32,029 --> 00:50:34,205 If it was darker here, my bags would look cooler. 1259 00:50:34,379 --> 00:50:36,555 You know, going to meet Richard in Spain, 1260 00:50:36,729 --> 00:50:40,211 that was just necessary to understand how all this works. 1261 00:50:40,602 --> 00:50:42,126 RICHARD: I'm not even sure this is a house, man. 1262 00:50:43,127 --> 00:50:45,042 This is too cool to just be called a house I think. 1263 00:50:45,216 --> 00:50:47,044 KELLY: It's great to meet you. RICHARD: Pleasure to meet you. 1264 00:50:47,218 --> 00:50:49,872 My name is Kelly Richmond Pope and Lamont and I, we actually 1265 00:50:50,047 --> 00:50:50,917 are colleagues at DePaul. 1266 00:50:51,091 --> 00:50:52,875 RICHARD: That'’s crazy. 1267 00:50:53,050 --> 00:50:54,442 So, you know, as a university professor, like, I believe in 1268 00:50:54,616 --> 00:50:55,791 this stuff- RICHARD: Nice. 1269 00:50:55,965 --> 00:50:56,618 LAMONT: And I think this is the future. 1270 00:50:56,792 --> 00:50:58,359 Okay. 1271 00:50:58,533 --> 00:50:59,360 I think part of what we're trying to figure out- 1272 00:50:59,534 --> 00:51:01,841 is how does HEX fit into- 1273 00:51:02,015 --> 00:51:03,060 into that ecosystem. RICHARD: Sure- 1274 00:51:03,234 --> 00:51:04,061 RICHARD: Oh, sure. Easy. 1275 00:51:04,235 --> 00:51:05,627 Here's the benefits. 1276 00:51:06,628 --> 00:51:07,934 Do you want to get rich? 1277 00:51:08,500 --> 00:51:10,458 You wake up in the morning, you go to your job, you get paid 1278 00:51:10,632 --> 00:51:12,025 because you like money. Right? 1279 00:51:12,199 --> 00:51:13,722 Most people have that relationship with money. 1280 00:51:14,027 --> 00:51:15,855 They sacrifice their time for money as normal. So if you 1281 00:51:16,856 --> 00:51:18,858 found a way to get more money without sacrificing 1282 00:51:19,032 --> 00:51:20,816 all your time, relationships, freedom, 1283 00:51:20,990 --> 00:51:22,253 it would be nice to do. 1284 00:51:22,427 --> 00:51:23,819 So the utility is just- 1285 00:51:23,993 --> 00:51:25,038 RICHARD: To get rich. KELLY: That's it. 1286 00:51:25,212 --> 00:51:26,779 That's your utility. 1287 00:51:26,953 --> 00:51:28,302 Now look, I could give you other utility, but let's be 1288 00:51:28,476 --> 00:51:29,521 serious, people don't care about that. 1289 00:51:29,695 --> 00:51:31,566 I believe in speculation. 1290 00:51:31,740 --> 00:51:35,266 The- the primary measurement by which 1291 00:51:35,440 --> 00:51:37,094 you know you're going to get rich or not. 1292 00:51:37,268 --> 00:51:39,835 is how many people know about it now and how many people will 1293 00:51:40,009 --> 00:51:41,620 know about it in the future. 1294 00:51:41,794 --> 00:51:43,752 And even if you're buying something that's garbage, 1295 00:51:44,536 --> 00:51:47,930 that metric of, oh, other people want this garbage too... 1296 00:51:48,105 --> 00:51:50,846 Because for price, the technology isn't what's moving 1297 00:51:51,020 --> 00:51:52,848 the numbers around. 1298 00:51:53,022 --> 00:51:54,676 If you- if you look at a price chart the only thing a price 1299 00:51:54,850 --> 00:51:56,852 chart actually cares about is people buying and holding. 1300 00:51:57,026 --> 00:51:58,767 and everything else is a story people tell you. 1301 00:51:59,377 --> 00:52:03,511 I think of Bitcoin and other crypto often as a digital 1302 00:52:03,685 --> 00:52:06,645 currency. HEX is a Certificate of Deposit. 1303 00:52:06,819 --> 00:52:09,996 So a traditional CD is a Certificate of Deposit. 1304 00:52:10,170 --> 00:52:14,087 It's just a way that people save money at a bank. 1305 00:52:14,261 --> 00:52:17,917 Now the real benefit of a CD is that the bank has the money and 1306 00:52:18,091 --> 00:52:19,875 that the bank can then use that money. 1307 00:52:20,398 --> 00:52:22,487 You're bringing in deposits and then you're using those to 1308 00:52:22,661 --> 00:52:24,228 make loans, 1309 00:52:24,402 --> 00:52:27,187 and so the utility is how that money is being used. 1310 00:52:27,361 --> 00:52:28,406 That's what I don't- that's what I don't- 1311 00:52:28,580 --> 00:52:29,755 Just listen. 1312 00:52:30,103 --> 00:52:32,018 That's what I don't get with HEX. 1313 00:52:32,192 --> 00:52:34,455 The money isn't being used. Like- 1314 00:52:34,629 --> 00:52:35,935 RICHARD: It is. LAMONT: What is the utility? 1315 00:52:36,109 --> 00:52:37,676 RICHARD: It's hidden, it's virtual lending. 1316 00:52:38,546 --> 00:52:41,288 So when you lock up your funds and deprive yourself of the 1317 00:52:41,462 --> 00:52:42,855 ability to utilize those funds, 1318 00:52:43,029 --> 00:52:45,074 where does that energy go? 1319 00:52:45,249 --> 00:52:48,252 The energy goes to the people that can dump the price that 1320 00:52:48,426 --> 00:52:50,123 have liquid HEX. 1321 00:52:50,297 --> 00:52:52,386 When you lock your coins you are virtually lending their value to 1322 00:52:52,560 --> 00:52:54,606 all the people that did not lock their coins, 1323 00:52:54,780 --> 00:52:56,521 and they can reap the rewards of that benefit. 1324 00:52:56,695 --> 00:52:59,785 Prices only go up if demand goes up with it. 1325 00:52:59,959 --> 00:53:03,528 Now, granted, every investment is kind of like that, but the 1326 00:53:03,702 --> 00:53:06,792 question is where is that future demand going to come from? 1327 00:53:06,966 --> 00:53:08,968 It's not creating anything new, 1328 00:53:09,229 --> 00:53:12,101 there's no interesting ideas beyond just this staking 1329 00:53:12,276 --> 00:53:13,799 mechanism, 1330 00:53:13,973 --> 00:53:15,627 and so that future demand is only going to come from 1331 00:53:15,801 --> 00:53:17,498 marketing. 1332 00:53:17,672 --> 00:53:19,021 It's only going to work if it's a self-fulfilling prophecy. 1333 00:53:19,196 --> 00:53:20,719 That's right, yes. 1334 00:53:20,893 --> 00:53:23,069 And right now, HEX is working because there's enough 1335 00:53:23,243 --> 00:53:24,679 believers, enough Hexicans. 1336 00:53:24,853 --> 00:53:26,594 RICHARD: But- LAMONT: I'm going to lock. You 1337 00:53:26,768 --> 00:53:27,900 are going to lock. Alright? We are all going to be golden. 1338 00:53:28,074 --> 00:53:30,685 As soon as that kind of confidence- 1339 00:53:30,859 --> 00:53:32,383 Goes to zero, yeah. 1340 00:53:32,557 --> 00:53:33,645 LAMONT: -and community, it's going to go to zero! 1341 00:53:33,819 --> 00:53:35,124 That's right, zero. [LAUGHTER] 1342 00:53:35,299 --> 00:53:37,301 LAMONT: How many of the Hexicans realize that- 1343 00:53:37,475 --> 00:53:38,954 RICHARD: All of them. All of them! 1344 00:53:39,128 --> 00:53:40,913 If the music stops, they're sitting on nothing. 1345 00:53:41,087 --> 00:53:43,655 They all know that because I'm the only guy that tells you the 1346 00:53:43,829 --> 00:53:47,049 truth about crypto. It all drops 85% all the time. 1347 00:53:47,224 --> 00:53:48,442 LAMONT: HEX. 1348 00:53:48,616 --> 00:53:50,314 Everything! LAMONT: Including HEX? 1349 00:53:50,488 --> 00:53:52,838 HEX dropped 80% a couple of weeks ago and it dropped 86% 1350 00:53:53,012 --> 00:53:55,841 when it launched and it's dropped over 75% like six 1351 00:53:56,015 --> 00:53:58,104 or seven times in the two years that it existed. 1352 00:53:58,278 --> 00:53:59,627 Those are opportunities. 1353 00:54:00,193 --> 00:54:02,108 When someone buys a top and sells the bottom, they lock in 1354 00:54:02,282 --> 00:54:03,631 their loss. 1355 00:54:03,805 --> 00:54:05,198 And where do you think their money goes? 1356 00:54:05,590 --> 00:54:06,765 It goes to the people that bought the bottom and sold 1357 00:54:06,939 --> 00:54:08,506 the top. 1358 00:54:08,680 --> 00:54:12,074 Finance in general is a mechanism by which the impatient 1359 00:54:12,249 --> 00:54:13,641 give their money to the patient. 1360 00:54:13,946 --> 00:54:15,600 It's not all fun and games. 1361 00:54:15,774 --> 00:54:17,123 You're going to have volatility and sometimes it's going to be 1362 00:54:17,297 --> 00:54:18,994 real hard. 1363 00:54:19,168 --> 00:54:20,561 Hexicans that have made the most money have also sat through the 1364 00:54:20,735 --> 00:54:22,389 most dips. 1365 00:54:22,563 --> 00:54:24,478 The beautiful thing about staking is that you not only get 1366 00:54:24,652 --> 00:54:26,437 the price performance, but then it multiplies the 1367 00:54:26,611 --> 00:54:28,308 price perfomance. 1368 00:54:28,482 --> 00:54:31,050 Would you agree that to some people that sounds like a Ponzi 1369 00:54:31,224 --> 00:54:32,747 scheme? RICHARD: Yes. 1370 00:54:32,921 --> 00:54:34,140 That you're incentivizing people RICHARD: Sounds like it- 1371 00:54:34,314 --> 00:54:36,098 to pull money off the market. 1372 00:54:36,273 --> 00:54:38,927 If we can just get enough people RICHARD: That'’s right- 1373 00:54:39,101 --> 00:54:40,015 who do this, that'll pump the price. 1374 00:54:40,189 --> 00:54:41,930 RICHARD: You know what? 1375 00:54:42,104 --> 00:54:43,628 I think you just described a 401[k]. You just described 1376 00:54:43,802 --> 00:54:44,759 a 401[k]. KELLY: No... 1377 00:54:44,933 --> 00:54:46,500 Hold on a second. 1378 00:54:46,674 --> 00:54:49,155 The government has a preferential tax treatment for 1379 00:54:49,329 --> 00:54:51,157 people that delay gratification. 1380 00:54:51,331 --> 00:54:53,855 And instead of spending their money, invest it in stuff that 1381 00:54:54,029 --> 00:54:56,075 sucks! And has terrible gains! 1382 00:54:56,249 --> 00:54:57,903 There's a lot of scams. 1383 00:54:58,077 --> 00:55:00,122 I heard about Enron. I heard it was a scam- SEC approved scam. 1384 00:55:00,297 --> 00:55:01,210 KELLY: Well actually- 1385 00:55:01,385 --> 00:55:03,082 I heard about Bernie Madoff. 1386 00:55:03,256 --> 00:55:08,087 Bernie Madoff apparently was the Chairman of Nasdaq- a scam! 1387 00:55:08,435 --> 00:55:10,176 Uh-oh! Wait a second! 1388 00:55:10,350 --> 00:55:12,787 Apparently Legacy finance with garbage gains and garbage hours 1389 00:55:12,961 --> 00:55:14,963 and- is a scam. Uh-oh! 1390 00:55:16,138 --> 00:55:18,750 What if we take all of that scam crap and get rid of it, 1391 00:55:18,924 --> 00:55:21,840 and we put everything on chain and make it open and obvious and 1392 00:55:22,014 --> 00:55:22,971 100% uptime- 1393 00:55:24,277 --> 00:55:25,017 I just want this- RICHARD: Lot'’s of coins- 1394 00:55:25,191 --> 00:55:25,844 I want this to be easy! 1395 00:55:26,148 --> 00:55:27,889 I want this to be easy. 1396 00:55:28,063 --> 00:55:30,892 And you know, like, if I start a company and it goes public and 1397 00:55:31,066 --> 00:55:32,329 people invest, 1398 00:55:32,503 --> 00:55:33,373 they hold onto it, they make money. 1399 00:55:33,547 --> 00:55:35,114 Why is this so complicated? 1400 00:55:35,288 --> 00:55:37,029 Why is this so complicated? 1401 00:55:37,203 --> 00:55:39,771 You invest in a stock because it's a company that's making 1402 00:55:39,945 --> 00:55:40,902 money. 1403 00:55:41,076 --> 00:55:42,426 RICHARD: Like- like Amazon. 1404 00:55:42,687 --> 00:55:44,036 HEX doesn't make money. 1405 00:55:44,210 --> 00:55:46,255 That's where I'm so kind of frustrated! 1406 00:55:46,430 --> 00:55:48,257 It's like, what is the value? 1407 00:55:48,432 --> 00:55:51,652 So, you know, Tesla has done incredibly well, 1408 00:55:51,826 --> 00:55:53,306 Yeah... 1409 00:55:53,480 --> 00:55:54,960 but that doesn't mean I want to sell all my blue chips 1410 00:55:55,134 --> 00:55:56,570 and put all my money in Tesla. 1411 00:55:56,744 --> 00:55:58,311 Which is why your returns suck, man. 1412 00:55:58,485 --> 00:56:00,008 It's like gambling. 1413 00:56:00,182 --> 00:56:01,488 LAMONT: It's like- People like KELLY: It's a bad 1414 00:56:01,662 --> 00:56:02,489 LAMONT: you say KELLY: gamble though. 1415 00:56:02,663 --> 00:56:03,360 Yeah, go big or go home. 1416 00:56:03,534 --> 00:56:04,709 RICHARD: No, but- 1417 00:56:04,883 --> 00:56:05,753 RICHARD: Listen- LAMONT: You know, I- 1418 00:56:05,927 --> 00:56:07,320 I think you've been lucky. 1419 00:56:07,494 --> 00:56:09,061 Let me tell you how many times I've been lucky. 1420 00:56:09,235 --> 00:56:10,454 My first business was a car 1421 00:56:10,628 --> 00:56:11,542 stereo store out of my front yard. 1422 00:56:11,716 --> 00:56:14,283 Hired my friends, was fine. 1423 00:56:14,458 --> 00:56:16,198 My next business was search engine optimization. 1424 00:56:16,373 --> 00:56:17,286 Get people first on Google. 1425 00:56:17,461 --> 00:56:18,636 I can take a keyword you like, 1426 00:56:18,810 --> 00:56:20,333 get you ranked on Google number one. 1427 00:56:20,507 --> 00:56:22,944 I've been a serial entrepreneur killing it for decades. 1428 00:56:23,118 --> 00:56:25,904 I've had 150 employees, done 60 mill a year turnover, founded 1429 00:56:26,078 --> 00:56:27,471 multibillion dollar cryptocurrencies, raised 1430 00:56:27,645 --> 00:56:29,211 $27 million for charity. 1431 00:56:29,386 --> 00:56:30,996 You name it, I've done it. 1432 00:56:31,170 --> 00:56:32,040 And I just keep winning, winning, winning, over, over, 1433 00:56:32,214 --> 00:56:33,085 over and over again. 1434 00:56:33,259 --> 00:56:34,478 I'm a serial winner. 1435 00:56:34,652 --> 00:56:35,957 I'm a self- How many self-help authors 1436 00:56:36,131 --> 00:56:37,785 do you know that have cryptocurrencies? 1437 00:56:37,959 --> 00:56:39,439 RICHARD: It'’s just me. KELLY: I can tell that means 1438 00:56:39,613 --> 00:56:40,919 KELLY: I should trust- LAMONT: So you've written a 1439 00:56:41,093 --> 00:56:41,615 LAMONT: book. RICHARD: Yeah. Two. Yeah. 1440 00:56:41,789 --> 00:56:42,921 Published? 1441 00:56:43,095 --> 00:56:44,270 Well, no, that's the hard part, right? 1442 00:56:44,575 --> 00:56:45,880 KELLY: Like tell me- RICHARD: Sure. 1443 00:56:46,359 --> 00:56:48,622 Tell me why the flash? 1444 00:56:48,796 --> 00:56:50,494 RICHARD: It's just marketing. KELLY: I did a lot of research. 1445 00:56:50,668 --> 00:56:53,758 I looked a lot, looked at the streams like, why the flash? 1446 00:56:54,019 --> 00:56:57,239 With all this outrage kind of marketing stuff that I do, 1447 00:56:57,414 --> 00:56:59,807 my numbers and metrics are going up exponentially. 1448 00:56:59,981 --> 00:57:01,679 Literally exponentially. 1449 00:57:01,853 --> 00:57:04,725 But when I used to not do these things and be a little bit more 1450 00:57:04,899 --> 00:57:07,293 calmly spoken, I was never truly calmly spoken, 1451 00:57:07,467 --> 00:57:09,077 and I used to dress a little less crazy, 1452 00:57:09,251 --> 00:57:10,514 but it was still crazy. 1453 00:57:10,688 --> 00:57:12,211 You have to punch through the noise. 1454 00:57:12,472 --> 00:57:13,908 There's a million people with YouTube channels. 1455 00:57:14,082 --> 00:57:15,388 How am I going to get you to watch mine 1456 00:57:15,562 --> 00:57:17,216 instead of somebody else's? 1457 00:57:17,390 --> 00:57:19,827 See all they do- They stop at looking at Richard Heart 1458 00:57:20,001 --> 00:57:21,176 and his Gucci bags. 1459 00:57:21,350 --> 00:57:23,048 They stop at looking at pink mohawk, 1460 00:57:23,222 --> 00:57:24,702 they stop at looking at guys 1461 00:57:24,876 --> 00:57:26,921 that act like pirates, they stop at all that stuff. 1462 00:57:27,095 --> 00:57:29,097 And they don't realize what we've been talking about 1463 00:57:29,271 --> 00:57:30,838 and what we've been doing here! 1464 00:57:31,012 --> 00:57:32,623 All the information is there! 1465 00:57:32,797 --> 00:57:34,712 We've been telling you what this is! 1466 00:57:34,886 --> 00:57:37,410 It's better money. It's better than the dollar, it's better 1467 00:57:37,584 --> 00:57:39,586 than gold, it's better than Bitcoin. 1468 00:57:39,760 --> 00:57:41,806 But you know what? People won't dig into it enough 1469 00:57:41,980 --> 00:57:43,198 to understand what that is. 1470 00:57:43,372 --> 00:57:44,896 But if HEX- 1471 00:57:45,070 --> 00:57:46,767 LAMONT: But if HEX is so- RICHARD: Ringleader 1472 00:57:46,941 --> 00:57:48,073 LAMONT: great, why do you need KELLY: Why do you need to do 1473 00:57:48,247 --> 00:57:49,074 LAMONT: to do this? KELLY: that? 1474 00:57:49,248 --> 00:57:49,944 RICHARD: I don't have to. 1475 00:57:50,118 --> 00:57:51,642 Then why are you- 1476 00:57:51,816 --> 00:57:53,034 RICHARD: I could die and HEX would do amazingly well. 1477 00:57:53,208 --> 00:57:54,819 Then why are you dressing like this? 1478 00:57:54,993 --> 00:57:56,298 I'm in this for glory, man. That's all I care about. 1479 00:57:56,473 --> 00:57:57,822 KELLY: Money. RICHARD: I'’m not in this 1480 00:57:57,996 --> 00:57:59,693 LAMONT: For the- your RICHARD: for more money. 1481 00:57:59,867 --> 00:58:01,565 LAMONT: glory? Your glory. RICHARD: Glory. Yes, my glory. 1482 00:58:01,739 --> 00:58:03,349 I want to be better than every other cryptocurrency founder 1483 00:58:03,523 --> 00:58:04,611 that'’s ever existed, which I might currently be. 1484 00:58:04,785 --> 00:58:05,830 I want to have the best community. 1485 00:58:06,004 --> 00:58:07,353 I want to have the best website. 1486 00:58:07,527 --> 00:58:08,441 I want to have the best financial products. 1487 00:58:08,615 --> 00:58:09,355 I want to have the best chart. 1488 00:58:09,529 --> 00:58:10,835 I want all these things. 1489 00:58:11,009 --> 00:58:12,706 Why are all these things important to you? 1490 00:58:12,880 --> 00:58:14,099 RICHARD: I did everything else. I retired at the age of 1491 00:58:14,273 --> 00:58:15,970 25, lived in a hotel for five years 1492 00:58:16,144 --> 00:58:18,103 traveled the world, played video games, blew a decade of my life 1493 00:58:18,277 --> 00:58:19,408 Why is it important to you? 1494 00:58:20,932 --> 00:58:22,673 I want to feel loved. Don't you guys want to feel loved? 1495 00:58:22,847 --> 00:58:25,153 Everyone wants to feel loved, right? My community- 1496 00:58:25,327 --> 00:58:27,678 But- but does love depend on performance? 1497 00:58:27,852 --> 00:58:29,157 RICHARD: Yes. LAMONT: You have to do 1498 00:58:29,331 --> 00:58:30,419 RICHARD: Yeah. LAMONT: something great to be 1499 00:58:30,594 --> 00:58:32,030 RICHARD: Yup! LAMONT: loved? 1500 00:58:32,204 --> 00:58:33,771 KELLY: Richard... RICHARD: It's disproportionally 1501 00:58:33,945 --> 00:58:35,337 LAMONT: That'’s kinda sad! RICHARD: rewarding. 1502 00:58:35,512 --> 00:58:36,600 RICHARD: Who's the fastest man in the world? 1503 00:58:36,774 --> 00:58:38,079 Usain Bolt. Right? Who's the second 1504 00:58:38,253 --> 00:58:40,038 RICHARD: fastest man in the KELLY: He used 1505 00:58:40,212 --> 00:58:41,518 RICHARD: world? Who'’s the second KELLY: to be I don't know if he- 1506 00:58:41,692 --> 00:58:42,910 RICHARD: fastest man? Nobody knows. Why? 1507 00:58:43,084 --> 00:58:44,782 Because number one got all the love! 1508 00:58:44,956 --> 00:58:45,826 Some of your followers are taking money out of the stock 1509 00:58:46,000 --> 00:58:47,132 market, putting it all in HEX... 1510 00:58:47,306 --> 00:58:49,003 RICHARD: Yep. 1511 00:58:49,177 --> 00:58:50,527 I'm not sure they understand the risk that they're taking. 1512 00:58:50,701 --> 00:58:52,354 LAMONT: I could lose RICHARD: Yeah, sure, 1513 00:58:52,529 --> 00:58:53,878 LAMONT: all of my life savings. RICHARD: that's right, you could 1514 00:58:54,052 --> 00:58:55,270 RICHARD: go to zero. You could lose everything. 1515 00:58:55,444 --> 00:58:57,011 It's hard enough for me to trust like 1516 00:58:57,185 --> 00:58:59,057 a wealth management advisor. 1517 00:58:59,231 --> 00:59:03,191 Their whole job is to get to know me and understand me, 1518 00:59:03,365 --> 00:59:05,498 so then I will trust them with my money. 1519 00:59:05,759 --> 00:59:08,240 Like he exudes none of those characteristics. 1520 00:59:08,414 --> 00:59:09,981 RICHARD: I want this to be clear. 1521 00:59:10,155 --> 00:59:11,939 He tried to call me a scammer. Because he thinks - 1522 00:59:12,113 --> 00:59:13,550 KELLY: No, he didn't, no, no, LAMONT: I didn't, hold on... 1523 00:59:13,724 --> 00:59:14,812 KELLY: no, no, no! No... RICHARD: Just listen. 1524 00:59:14,986 --> 00:59:16,640 He said that I was misrepresenting 1525 00:59:16,814 --> 00:59:18,685 the risk profile and the volatility of HEX. 1526 00:59:18,859 --> 00:59:20,687 There's nobody more honest in cryptocurrency than me. 1527 00:59:20,861 --> 00:59:21,688 You're lucky it works at all. 1528 00:59:21,862 --> 00:59:22,863 So I should trust you? 1529 00:59:23,472 --> 00:59:25,213 Listen, I think you should trust me, 1530 00:59:25,387 --> 00:59:27,389 but if you get into the habit of trusting people like me, 1531 00:59:27,564 --> 00:59:28,826 you'll get the crap scammed out of you. 1532 00:59:29,000 --> 00:59:30,871 Everybody wants to be a part of something. 1533 00:59:31,176 --> 00:59:34,179 And I think when you become part of that, you believe in whatever 1534 00:59:34,353 --> 00:59:36,050 that mission is of that organization. 1535 00:59:36,224 --> 00:59:39,053 It's hard to make easy money. 1536 00:59:39,227 --> 00:59:40,838 I'm a start- hold on I'm a start a new list. 1537 00:59:41,012 --> 00:59:42,013 RICHARD: Yeah. KELLY: Tell me why I should 1538 00:59:42,187 --> 00:59:43,797 KELLY: trust you. 1539 00:59:43,971 --> 00:59:45,146 I don't want any stories, I don't want any tangents. 1540 00:59:45,320 --> 00:59:46,626 I just wanna list. OK so you have- 1541 00:59:46,800 --> 00:59:48,062 Not a single human being has ever said- 1542 00:59:48,236 --> 00:59:49,629 Hold on. You have past experience- 1543 00:59:49,803 --> 00:59:51,413 That I did them harm. Never. Nobody. Ever. 1544 00:59:52,066 --> 00:59:53,415 Okay, so you have past experience. 1545 00:59:53,590 --> 00:59:54,678 Why else should I trust you? 1546 00:59:55,853 --> 00:59:57,463 I have a clean background history. 1547 00:59:57,855 --> 00:59:59,334 KELLY: Like if I did a background check kind of thing? 1548 00:59:59,508 --> 01:00:00,814 Yeah, yeah, go do it. 1549 01:00:00,988 --> 01:00:02,120 RICHARD: Like, yeah. Like KELLY: Okay. 1550 01:00:02,294 --> 01:00:03,643 This feels- this feels like a dating 1551 01:00:03,817 --> 01:00:05,514 KELLY: It- yeah RICHARD: profile, I like animals 1552 01:00:05,689 --> 01:00:06,559 KELLY: it is, it sort of is. RICHARD: Here'’s the thing 1553 01:00:06,733 --> 01:00:08,082 Tell me why I should- Uh-uh 1554 01:00:08,256 --> 01:00:09,823 Why should I trust you? Why should I trust you? 1555 01:00:09,997 --> 01:00:11,303 I don't want you to get into the habit of trusting men. 1556 01:00:11,477 --> 01:00:12,347 Cryptocurrency was invented to get rid of 1557 01:00:12,521 --> 01:00:14,262 what you're asking me for. 1558 01:00:14,436 --> 01:00:15,699 You should not use as a proxy for your own due diligence, 1559 01:00:15,873 --> 01:00:17,483 someone else's confidence. 1560 01:00:17,657 --> 01:00:18,963 RICHARD: It's not good habit. KELLY: But you- 1561 01:00:19,137 --> 01:00:20,442 From the surface, 1562 01:00:20,617 --> 01:00:22,357 it does look like a bunch of bullshit. 1563 01:00:23,097 --> 01:00:25,273 This whole crypto space, HEX, 1564 01:00:25,447 --> 01:00:27,972 Richard, us... the whole community. 1565 01:00:28,363 --> 01:00:30,888 Sometimes we look like a bunch of damn fools. We do. 1566 01:00:31,149 --> 01:00:36,067 The one thing that I do know is that deep down, Richard... 1567 01:00:36,676 --> 01:00:39,897 Deep down myself, deep down this community... 1568 01:00:40,071 --> 01:00:42,508 we all believe in what we'’re doing 1569 01:00:42,682 --> 01:00:44,945 and we know what it means to the world. 1570 01:00:45,250 --> 01:00:46,817 And I know there's a lot of stuff on the surface 1571 01:00:46,991 --> 01:00:49,994 that doesn't look legit 1572 01:00:50,168 --> 01:00:54,215 or professional, or any of that. 1573 01:00:55,129 --> 01:00:56,914 But I think those are.... 1574 01:00:58,480 --> 01:01:02,136 The things that have changed the world the most- is the misfits. 1575 01:01:03,224 --> 01:01:04,225 And um, 1576 01:01:04,617 --> 01:01:05,662 and that's who we are. 1577 01:01:19,023 --> 01:01:21,199 The leather roof is pretty, pretty nice. 1578 01:01:21,460 --> 01:01:22,461 How's it going, everybody? 1579 01:01:22,635 --> 01:01:23,854 Richard Heart here. 1580 01:01:24,028 --> 01:01:25,682 Brand new exciting news coming in. 1581 01:01:26,030 --> 01:01:30,774 We just hit 22.2 cents, which is a new all time high for HEX.com. 1582 01:01:30,948 --> 01:01:31,775 Dual clutch? 1583 01:01:31,949 --> 01:01:33,298 Dual clutch. Yeah. 1584 01:01:33,472 --> 01:01:35,648 Nice. So if I want to pay you in crypto for this, 1585 01:01:35,822 --> 01:01:37,476 what's the time delay? 1586 01:01:37,650 --> 01:01:40,479 You put in a dollar in January 5th of last year and staked it, 1587 01:01:40,958 --> 01:01:43,395 you could have 4,000, $6,000 now. 1588 01:01:43,656 --> 01:01:45,223 And this is real money. 1589 01:01:45,397 --> 01:01:47,094 We're seeing people selling a lot of their HEX gains, 1590 01:01:47,268 --> 01:01:49,270 a lot of their interest, to buy exciting stuff. 1591 01:01:49,444 --> 01:01:51,751 So we see people buying Lamborghinis, Ferraris, 1592 01:01:51,925 --> 01:01:55,973 McLarens, Maybachs, houses, paying off student loans. 1593 01:01:57,148 --> 01:01:59,193 HEX just made another new all time high today. 1594 01:02:00,238 --> 01:02:03,154 It might actually be the highest performing asset ever invented. 1595 01:02:03,676 --> 01:02:05,504 That was what I designed it to do, and it's doing it. 1596 01:02:05,678 --> 01:02:07,375 I'm very happy about it. 1597 01:02:07,549 --> 01:02:09,726 And I'm telling you that the vibe and the energy and the 1598 01:02:09,900 --> 01:02:13,164 excitement around HEX right now is even stronger, even greater 1599 01:02:13,338 --> 01:02:14,992 than it was when Bitcoin was in its beginning. 1600 01:02:15,557 --> 01:02:18,647 HEX logo with HEX.com at the bottom. 1601 01:02:23,043 --> 01:02:24,479 I'm here to shill my bags, you know. 1602 01:02:26,220 --> 01:02:27,569 I want to change the world, 1603 01:02:27,744 --> 01:02:29,484 and I can only do that if people participate. 1604 01:02:49,156 --> 01:02:50,157 MIKEY: Are you gonna try and do that? 1605 01:02:50,331 --> 01:02:51,289 DAUGHTER: No! 1606 01:02:51,463 --> 01:02:52,681 [LAUGHTER] He's good at it. 1607 01:02:53,204 --> 01:02:57,861 And then there's- he's so bad. 1608 01:02:58,426 --> 01:03:00,254 He's just kicking. 1609 01:03:00,907 --> 01:03:02,256 Get down, Archie! Archie get down! 1610 01:03:02,430 --> 01:03:04,824 RG3: What's up baby? 1611 01:03:04,998 --> 01:03:07,392 MIKEY: I mean, today's price is up finally. Holy- 1612 01:03:07,566 --> 01:03:08,567 [LAUGHTER] 1613 01:03:09,916 --> 01:03:10,874 RG3: She doesn't look at the internet does she? 1614 01:03:12,179 --> 01:03:13,267 MIKEY: Oh, yeah. I mean, she sees it every day. 1615 01:03:13,441 --> 01:03:14,225 She knows exactly where we're at. 1616 01:03:16,444 --> 01:03:19,230 She's got a big, big fat I told you so right now on her face. 1617 01:03:19,708 --> 01:03:20,709 Okay, go. 1618 01:03:21,232 --> 01:03:22,755 Oh, those hands are beautiful. 1619 01:03:22,929 --> 01:03:24,626 RG3: And I didn't even influence that! 1620 01:03:24,801 --> 01:03:26,498 MIKEY: Listen, the whole thing's an influence from you, 1621 01:03:26,672 --> 01:03:27,934 but I like the influence. 1622 01:03:28,587 --> 01:03:29,588 [LAUGHTER] 1623 01:03:29,762 --> 01:03:30,981 RG3: It's going to work, man. 1624 01:03:31,155 --> 01:03:32,460 Dude, I'm telling you, man, this is- 1625 01:03:33,070 --> 01:03:34,027 This is the one. 1626 01:03:35,507 --> 01:03:36,725 Just relax. 1627 01:03:37,726 --> 01:03:38,727 Ride the wave. 1628 01:03:40,164 --> 01:03:42,340 MIKEY: Three hundred and ten. 1629 01:03:42,514 --> 01:03:43,515 Six months. 1630 01:03:44,081 --> 01:03:45,822 Eight months- max. 1631 01:03:45,996 --> 01:03:48,215 You guys are going to be in a completely different place. 1632 01:03:48,520 --> 01:03:50,000 MIKEY: That's the words that I keep spittin'. 1633 01:03:50,174 --> 01:03:52,350 And I believe 'em. It's just getting her on board. 1634 01:03:52,524 --> 01:03:53,742 You know, I mean. 1635 01:03:53,917 --> 01:03:55,048 RG3: Forget it, dude, she ain't goin' 1636 01:03:55,222 --> 01:03:56,571 RG3: to get on board. They never do. 1637 01:03:56,745 --> 01:03:58,051 MIKEY: That's why I pulled the trigger. 1638 01:03:58,225 --> 01:03:59,270 You know what I mean? Like at the end- 1639 01:03:59,444 --> 01:04:01,141 RG3: My wife never got on board. 1640 01:04:01,315 --> 01:04:02,534 At the end of the day. It's my responsibility to, like, 1641 01:04:02,708 --> 01:04:04,666 get it done. You know what I mean? 1642 01:04:04,841 --> 01:04:05,798 And so- 1643 01:04:06,277 --> 01:04:08,061 RG3: Yeah, but look, it's like this. 1644 01:04:08,235 --> 01:04:09,846 Until there's a new car in the driveway, the bills are paid 1645 01:04:10,020 --> 01:04:11,412 and the house is out from under water... 1646 01:04:11,760 --> 01:04:13,937 They don't care what you say about your crypto thing. 1647 01:04:14,111 --> 01:04:16,417 And HEX is going to be the new cryptocurrency. 1648 01:04:16,591 --> 01:04:17,941 We'll take over the market. 1649 01:04:18,463 --> 01:04:20,291 There isn't anything else out there that's worth a shit 1650 01:04:20,465 --> 01:04:22,206 and we're going to change the world. 1651 01:04:22,380 --> 01:04:23,424 Love you, bro. RG3: Love you baby! 1652 01:04:28,560 --> 01:04:29,604 [KIDS TALKING] 1653 01:04:38,178 --> 01:04:41,138 To study HEX and really understand how it works, 1654 01:04:41,312 --> 01:04:43,401 but also how it trades in a market, 1655 01:04:43,575 --> 01:04:46,621 you know, talking to Clay would be super helpful. 1656 01:04:46,795 --> 01:04:48,493 CLAY: I think it's important for people to know 1657 01:04:48,667 --> 01:04:50,364 what's happening. 1658 01:04:50,538 --> 01:04:53,454 I think it's- it's important to have a view of what's occurring 1659 01:04:53,628 --> 01:04:56,718 in the space, and I think it's also important to document 1660 01:04:57,197 --> 01:05:00,418 the shenanigans and the outliers 1661 01:05:02,420 --> 01:05:03,987 Richard is an, an interesting guy. 1662 01:05:04,161 --> 01:05:08,165 The first time I saw him, he was wearing a top hat. 1663 01:05:08,339 --> 01:05:09,688 RICHARD: Let me tell you a little something about money. 1664 01:05:09,862 --> 01:05:11,646 Richard is top hat guy. 1665 01:05:11,820 --> 01:05:13,474 There's RG3, he's pirate guy. 1666 01:05:14,171 --> 01:05:16,173 There's a lot of affectations and theatrics, 1667 01:05:16,347 --> 01:05:18,566 and I think it makes the space interesting and fun. 1668 01:05:18,871 --> 01:05:20,438 You know, I kind of think of Richard Heart 1669 01:05:20,612 --> 01:05:22,396 as like the Donald Trump of crypto. 1670 01:05:22,570 --> 01:05:23,832 You can't look away. 1671 01:05:24,007 --> 01:05:26,444 RICHARD: I like to uh, be extreme, 1672 01:05:26,618 --> 01:05:30,230 so it's easy for me to get banned places. 1673 01:05:30,622 --> 01:05:33,538 CLAY: What HEX has is really cultural risk. 1674 01:05:33,712 --> 01:05:35,670 Richard has told the world to go 1675 01:05:35,844 --> 01:05:38,238 fuck themselves and his followers 1676 01:05:38,412 --> 01:05:40,632 are now telling the world to go fuck themselves. 1677 01:05:40,980 --> 01:05:43,069 And when you take that approach, 1678 01:05:43,243 --> 01:05:46,072 it's really hard to get mainstream adoption. 1679 01:05:46,246 --> 01:05:47,944 I mean, investors I talked to, they're like, 1680 01:05:48,118 --> 01:05:49,249 "Oh yeah, I heard about HEX," 1681 01:05:49,423 --> 01:05:51,164 like, "we're not going to touch that." 1682 01:05:51,338 --> 01:05:54,080 And sometimes it's not the due diligence, it's not the research 1683 01:05:54,254 --> 01:05:56,387 it's just the optics and perception. 1684 01:05:56,561 --> 01:05:58,389 I think it's a clear example of like, 1685 01:05:58,563 --> 01:06:00,957 what got you here won't get you there. 1686 01:06:01,261 --> 01:06:04,482 So I think when they were kind of clawing themselves up 1687 01:06:04,656 --> 01:06:06,136 from the primordial soup, 1688 01:06:06,310 --> 01:06:07,354 when they were going from nothing 1689 01:06:07,528 --> 01:06:09,748 to create these insane gains, 1690 01:06:09,922 --> 01:06:12,969 that kind of culture absolutely brought them together, 1691 01:06:13,143 --> 01:06:15,406 led them to believe in what they're doing. 1692 01:06:15,797 --> 01:06:18,061 Got them to stake for really long periods. 1693 01:06:18,539 --> 01:06:20,802 And so they've been incredibly reinforced 1694 01:06:20,977 --> 01:06:22,674 for this type of behavior. 1695 01:06:23,153 --> 01:06:26,112 But now it's what's gatekeeping them. Right now, 1696 01:06:26,286 --> 01:06:28,810 it's what's keeping them from going to the very next level. 1697 01:06:29,202 --> 01:06:32,118 "Before uninstalling the nomics app, make sure that you leave 1698 01:06:32,292 --> 01:06:34,816 a scathing one star review for hypocritical sell out 1699 01:06:34,991 --> 01:06:37,906 recruits to- to gatekeeping misinformation... 1700 01:06:38,298 --> 01:06:40,431 They have shown themselves for all the filthy whores that they 1701 01:06:40,605 --> 01:06:43,390 are and deserve all the damage they have coming their way." 1702 01:06:43,564 --> 01:06:45,958 Okay, like un-install us. That's fine. 1703 01:06:46,132 --> 01:06:47,351 Like I get tweets like them- 1704 01:06:47,525 --> 01:06:49,222 like this from them all the time. 1705 01:06:49,396 --> 01:06:52,573 The next one, "HEX has 100% uptime", and they're responding 1706 01:06:52,747 --> 01:06:55,185 to the Polygon Network going down and Solana going down, 1707 01:06:55,359 --> 01:06:56,708 so they're talking HEX has 100% uptime. 1708 01:06:56,882 --> 01:07:00,233 Almost every single ERC-20 token has 100% uptime 1709 01:07:00,407 --> 01:07:02,670 and that's due to the strength of the Ethereum blockchain. 1710 01:07:02,844 --> 01:07:04,237 Why are you taking credit for this? 1711 01:07:04,411 --> 01:07:06,239 The Bitcoin site went down, Bitcoin.org, 1712 01:07:06,413 --> 01:07:08,415 and they're like HEX is 100% uptime. 1713 01:07:08,589 --> 01:07:11,114 So you're comparing a website on completely different 1714 01:07:11,288 --> 01:07:15,074 infrastructure with a blockchain that you guys don't even run 1715 01:07:15,248 --> 01:07:16,467 and you're taking credit for it? 1716 01:07:16,641 --> 01:07:18,208 It's absolutely absurd. 1717 01:07:18,382 --> 01:07:19,818 Feel like I could tweet that like the taco truck 1718 01:07:19,992 --> 01:07:22,603 down the street, is like, went out of business 1719 01:07:22,777 --> 01:07:24,083 and they'd be like, HEX users unaffected. 1720 01:07:24,257 --> 01:07:26,042 What are you talking about, you know? 1721 01:07:26,781 --> 01:07:29,349 So I've got a colleague, Kelly Richmond Pope, 1722 01:07:29,523 --> 01:07:31,090 and she's a fraud investigator, 1723 01:07:31,264 --> 01:07:33,571 she, I mean, this is what she does. 1724 01:07:33,745 --> 01:07:36,530 I think we should kind of hear some of her questions.... 1725 01:07:40,491 --> 01:07:42,449 KELLY: My question to you is, 1726 01:07:42,623 --> 01:07:47,193 you review the data, but you don't offer an opinion 1727 01:07:47,367 --> 01:07:49,891 around the quality of the asset. 1728 01:07:50,414 --> 01:07:51,284 Is that what you said? 1729 01:07:51,458 --> 01:07:53,373 CLAY: Right. Yes. 1730 01:07:53,895 --> 01:07:55,332 We don't want to be a ratings agency. 1731 01:07:55,506 --> 01:07:58,074 We don't want to be in the business of- 1732 01:07:58,248 --> 01:08:02,339 I mean we list 40,000 assets and we're adding 1733 01:08:02,513 --> 01:08:04,602 sometimes hundreds per day. 1734 01:08:05,037 --> 01:08:07,561 There simply is not the bandwidth to audit 1735 01:08:07,735 --> 01:08:09,389 every single one of these tokens. 1736 01:08:09,781 --> 01:08:13,306 And our number one goal is to index the entire space 1737 01:08:13,480 --> 01:08:16,483 as quickly as possible and to leave nothing out. 1738 01:08:16,657 --> 01:08:17,876 Including scams? 1739 01:08:18,050 --> 01:08:19,312 Including scams. 1740 01:08:19,617 --> 01:08:20,531 Absolutely. 1741 01:08:21,880 --> 01:08:22,707 Clay, can I do a quick little speed round of- 1742 01:08:23,838 --> 01:08:24,317 You know, you can only say one word. 1743 01:08:24,491 --> 01:08:25,492 Okay. 1744 01:08:25,666 --> 01:08:29,322 KELLY: Okay. HEX, scam or not? 1745 01:08:31,150 --> 01:08:32,282 CLAY: Not. 1746 01:08:33,021 --> 01:08:35,328 Richard Heart, fraudster or not? 1747 01:08:38,288 --> 01:08:39,245 Not. 1748 01:08:40,594 --> 01:08:43,249 Hexicans. Cult or not? 1749 01:08:43,554 --> 01:08:44,685 CLAY: Cult. 1750 01:08:46,034 --> 01:08:47,645 Okay. 1751 01:08:47,819 --> 01:08:50,561 CLAY: I think it's a technically sound project. And my- 1752 01:08:51,431 --> 01:08:54,434 My issues as a HEX investor, 1753 01:08:54,608 --> 01:08:56,306 although I don't identify as a Hexican, 1754 01:08:56,480 --> 01:08:58,699 my issues are not with the 1755 01:08:58,873 --> 01:09:01,354 technical underpinnings of the product, 1756 01:09:01,528 --> 01:09:05,271 it's not with the economic underpinnings of the product, 1757 01:09:05,837 --> 01:09:09,710 It's the centralization of ownership of the asset in the OA 1758 01:09:10,320 --> 01:09:11,843 When HEX was invented, 1759 01:09:12,017 --> 01:09:16,108 there was an Origin Address that got half of the supply. 1760 01:09:17,109 --> 01:09:18,676 It got it by, you know, 1761 01:09:18,850 --> 01:09:20,460 getting a portion of this, that and the other, 1762 01:09:20,634 --> 01:09:22,549 but in the end, it ended up with half of the supply. 1763 01:09:23,202 --> 01:09:26,423 But the problem is, you know, what is in that Origin Address? 1764 01:09:26,597 --> 01:09:28,512 Who controls the Origin Address? 1765 01:09:28,686 --> 01:09:30,296 And how is that Origin Address 1766 01:09:30,470 --> 01:09:32,559 going to be used through the life of that token? 1767 01:09:33,256 --> 01:09:34,735 But I just want to mention 1768 01:09:34,909 --> 01:09:36,520 the fucking thing ain't never sold no coins, man. 1769 01:09:36,694 --> 01:09:38,435 So like, you guys can all eye-fuck it all you want, 1770 01:09:38,609 --> 01:09:40,132 but it never sold anything. [INCOHERENT CHATTER] 1771 01:09:40,306 --> 01:09:43,309 So HEX is built on decentralized infrastructure. 1772 01:09:43,483 --> 01:09:45,093 There's no question about it. 1773 01:09:45,529 --> 01:09:47,835 The infrastructure, the technology that runs HEX 1774 01:09:48,009 --> 01:09:49,794 is decentralized. 1775 01:09:50,490 --> 01:09:54,364 However, the ownership of the HEX asset is 1776 01:09:54,799 --> 01:09:58,106 highly centralized, with the OA owning 1777 01:09:58,281 --> 01:10:00,413 around 90% at any given time. 1778 01:10:00,892 --> 01:10:04,243 So the risk that HEX holders are taking, 1779 01:10:04,417 --> 01:10:05,853 which might be a fine risk, 1780 01:10:06,027 --> 01:10:07,377 we don't know how this is going to play out, 1781 01:10:07,551 --> 01:10:08,508 but the risk that they'’re taking, 1782 01:10:08,987 --> 01:10:10,902 so the HEX OA could sell the whole 1783 01:10:11,076 --> 01:10:13,121 ecosystem down to zero, 1784 01:10:13,296 --> 01:10:15,689 ah, in a matter of hours if they wanted to. 1785 01:10:16,473 --> 01:10:18,736 So this is something called the HEX audit. 1786 01:10:18,910 --> 01:10:21,304 It just goes into what's happening with the OA, 1787 01:10:21,478 --> 01:10:23,349 uh, and a number of other things. 1788 01:10:23,654 --> 01:10:26,309 So here's the OA ownership right now. 1789 01:10:26,483 --> 01:10:30,748 It sits at 88.19%, according to the assumptions made 1790 01:10:31,096 --> 01:10:32,315 by this spreadsheet. 1791 01:10:32,619 --> 01:10:37,581 So only 11.81% of HEX is owned by users. 1792 01:10:38,582 --> 01:10:43,369 What's really interesting is when you dig into the OA... 1793 01:10:43,543 --> 01:10:45,328 That- I think it exposed a lot of things 1794 01:10:45,850 --> 01:10:46,938 That 1795 01:10:47,112 --> 01:10:48,809 Should be known about HEX, 1796 01:10:48,983 --> 01:10:51,682 But I don't think most Hexicans wanted people to know about HEX. 1797 01:10:51,856 --> 01:10:55,642 There are all of these addresses right here 1798 01:10:55,816 --> 01:10:59,124 that have received funds from the OA, 1799 01:10:59,298 --> 01:11:00,995 which have never been moved. 1800 01:11:02,214 --> 01:11:05,348 Why was most of the HEX sent to these sub addresses? 1801 01:11:05,783 --> 01:11:07,219 Who has these sub addresses? 1802 01:11:07,393 --> 01:11:08,612 Why were they created? 1803 01:11:08,786 --> 01:11:09,917 What was the purpose in creating them? 1804 01:11:10,266 --> 01:11:11,745 Was it obfuscation? 1805 01:11:12,050 --> 01:11:14,792 Uh, Was it to make ownership more uh, 1806 01:11:14,966 --> 01:11:17,142 look more decentralized than it really is? 1807 01:11:17,490 --> 01:11:20,624 Why are the balances in all of them roughly the same? 1808 01:11:20,798 --> 01:11:23,540 Why did the money move to them at roughly the same time? 1809 01:11:23,975 --> 01:11:26,760 Why would you go through all this trouble 1810 01:11:27,370 --> 01:11:31,330 to do this on a transparent blockchain? 1811 01:11:31,852 --> 01:11:36,640 If anyone- like if a IRS auditor looked at what the OA had done, 1812 01:11:36,814 --> 01:11:39,512 it would look like someone was trying to launder money. 1813 01:11:39,686 --> 01:11:41,384 Like there's just a lot of complicated stuff 1814 01:11:41,558 --> 01:11:42,646 that's happening there. 1815 01:11:43,603 --> 01:11:45,823 This looks like obfuscation. 1816 01:11:45,997 --> 01:11:50,393 I can't come up with a single well-intentioned reason 1817 01:11:50,567 --> 01:11:52,917 for doing this, no matter how much I 1818 01:11:53,091 --> 01:11:56,094 game this out in my head, this doesn't look right to me. 1819 01:11:56,268 --> 01:12:00,228 I would hate for my life savings to be dependent upon 1820 01:12:00,403 --> 01:12:04,015 uh me speculating about his psychology 1821 01:12:04,189 --> 01:12:05,669 and what he's going to do or not do. 1822 01:12:05,843 --> 01:12:08,585 But this idea of concentrated ownership, 1823 01:12:08,759 --> 01:12:11,936 I think, to me is the biggest red flag. 1824 01:12:12,110 --> 01:12:15,505 You know, good kings are more efficient than democracies. 1825 01:12:15,679 --> 01:12:19,900 But bad kings are incredibly 1826 01:12:20,074 --> 01:12:22,425 evil and much worse than democracy. 1827 01:12:22,599 --> 01:12:25,950 And so democracy is messy and difficult and inefficient, 1828 01:12:26,124 --> 01:12:28,822 but it protects us against bad kings. 1829 01:12:29,170 --> 01:12:33,958 So far, Richard has been a good king to the Hexican kingdom. 1830 01:12:34,611 --> 01:12:37,657 I- I'm interested in crypto because it's trust-less. 1831 01:12:38,005 --> 01:12:40,051 I don't want to become a crypto investor 1832 01:12:40,225 --> 01:12:42,749 based on trust in a single person. 1833 01:12:42,923 --> 01:12:45,143 Everything that comes new into the world, 1834 01:12:45,839 --> 01:12:48,146 it benefits certain people more than other people. 1835 01:12:48,929 --> 01:12:50,540 So for instance, when Bitcoin was invented, 1836 01:12:50,714 --> 01:12:53,630 a guy named Satoshi, he got like a million coins. 1837 01:12:53,804 --> 01:12:55,632 The same way that every other founder of every other thing 1838 01:12:55,806 --> 01:12:57,808 got a huge portion of the ownership of the thing. 1839 01:12:58,286 --> 01:12:59,897 Would you prefer 1840 01:13:00,071 --> 01:13:02,552 that someone not own any of the thing they invented? 1841 01:13:02,726 --> 01:13:04,162 Do you think a company works better when 1842 01:13:04,336 --> 01:13:05,859 people actually own part of it? 1843 01:13:06,294 --> 01:13:07,687 Or when they don't give a darn about the 1844 01:13:07,861 --> 01:13:09,167 company's performance at all? 1845 01:13:09,341 --> 01:13:10,081 They're just there to get a paycheck. 1846 01:13:11,343 --> 01:13:13,040 If you align incentives and you get the people 1847 01:13:13,389 --> 01:13:14,520 that can make things better 1848 01:13:14,694 --> 01:13:15,565 to actually own a part of the thing, 1849 01:13:17,044 --> 01:13:18,568 you know, the most successful companies in the world 1850 01:13:18,742 --> 01:13:20,744 have owners and managers that own parts of the thing. 1851 01:13:20,918 --> 01:13:24,835 Elon Musk owns part of Tesla. Jeff Bezos owns part of Amazon. 1852 01:13:25,009 --> 01:13:27,185 And Mark Zuckerberg owns part of Facebook. 1853 01:13:27,359 --> 01:13:30,231 And those have been very, very good performing assets. 1854 01:13:35,759 --> 01:13:37,369 ♪ DRAMATIC MUSIC PLAYS ♪ 1855 01:13:52,123 --> 01:13:53,080 Hello, ladies. 1856 01:13:53,254 --> 01:13:54,212 Welcome to the Côte d'Azur. 1857 01:13:54,386 --> 01:13:55,387 Thank you. 1858 01:13:57,868 --> 01:13:59,783 Enjoy WOMAN: Thank you so much. 1859 01:14:14,101 --> 01:14:15,363 You guys may not realize this, 1860 01:14:15,538 --> 01:14:17,061 but we're actually building a future. 1861 01:14:17,409 --> 01:14:18,889 There's a lot of people right now. 1862 01:14:19,063 --> 01:14:20,804 They're going to be wildly wealthy, wildly happy, 1863 01:14:20,978 --> 01:14:23,894 wildly fulfilled in about a year, year and a half, 1864 01:14:24,242 --> 01:14:25,722 but they just don't realize it yet. 1865 01:14:25,896 --> 01:14:27,550 Because we built something that's unstoppable. 1866 01:14:27,724 --> 01:14:29,377 Somebody invented the first currency backed by nothing. 1867 01:14:29,552 --> 01:14:31,249 Somebody invented the first cryptocurrency. 1868 01:14:31,423 --> 01:14:32,642 Somebody invented the first time deposit. 1869 01:14:32,816 --> 01:14:33,947 Somebody invented the Internet. 1870 01:14:34,121 --> 01:14:35,383 These things will go on forever. 1871 01:14:36,994 --> 01:14:38,604 And luckily enough, you know, I invented something amazing, 1872 01:14:38,778 --> 01:14:40,040 and now we all get to live better lives because of it, 1873 01:14:40,214 --> 01:14:41,389 whether I live or die. 1874 01:14:43,217 --> 01:14:47,178 HEX is like a car and Ethereum is like a road. 1875 01:14:47,483 --> 01:14:49,572 And when a bunch of people want to drive their car on the road 1876 01:14:49,746 --> 01:14:51,225 at the same time, it gets filled up. 1877 01:14:52,052 --> 01:14:53,706 And then if you introduce fees to try and 1878 01:14:53,880 --> 01:14:55,752 give people a reason to drive at different times, 1879 01:14:55,926 --> 01:14:57,580 it sucks because then people have to pay the fees. 1880 01:14:58,494 --> 01:15:00,583 And so how do you make more space on the road 1881 01:15:00,757 --> 01:15:01,888 so more people can drive their cars? 1882 01:15:02,323 --> 01:15:03,281 Create new roads. 1883 01:15:03,455 --> 01:15:05,501 And so PulseChain is a new road. 1884 01:15:05,675 --> 01:15:06,980 Prepare yourself for what's about to come 1885 01:15:07,154 --> 01:15:08,895 because it's gonna be beautiful. 1886 01:15:09,069 --> 01:15:11,985 Richard Heart tweeted out today, "Great PulseChain.com news.". 1887 01:15:12,159 --> 01:15:13,944 I'm going to create a copy of the Ethereum chain, 1888 01:15:14,118 --> 01:15:16,076 that will have all your coins that you've got on 1889 01:15:16,250 --> 01:15:18,252 Ethereum, on a new chain, 1890 01:15:18,426 --> 01:15:20,907 and it's the world's largest free airdrop. 1891 01:15:21,081 --> 01:15:23,475 So you're going to get free money on a new and open road 1892 01:15:23,649 --> 01:15:26,043 that you can drive on whenever you want, very affordably, 1893 01:15:26,478 --> 01:15:29,873 and that should hopefully reduce the fees for the other road too, 1894 01:15:30,047 --> 01:15:31,614 which is the Ethereum Road. 1895 01:15:31,788 --> 01:15:33,398 Now, who are you going to give these new coins to? 1896 01:15:33,572 --> 01:15:35,879 People that have political beliefs similar to mine. 1897 01:15:36,444 --> 01:15:37,750 And how do we find out 1898 01:15:37,924 --> 01:15:39,360 who has political beliefs similar to mine? 1899 01:15:40,231 --> 01:15:41,754 We ask people to sacrifice. 1900 01:15:42,015 --> 01:15:44,583 So we see here that the PulseX sacrifice has started! 1901 01:15:44,757 --> 01:15:48,674 The much awaited, much hyped up sacrifice phase is finally here. 1902 01:15:48,848 --> 01:15:52,286 If you sacrifice coins to this address- 1903 01:15:52,460 --> 01:15:54,071 So I'mma do a hundred thousand.. 1904 01:15:54,245 --> 01:15:56,073 Boom! Sixteen thousand dollars! 1905 01:15:56,377 --> 01:15:58,162 Then you will get these free coins. 1906 01:15:58,336 --> 01:16:02,383 There are games people play to try and avoid securities law. 1907 01:16:02,645 --> 01:16:05,778 So, you know, if you say, "It's sacrifice", then it sounds 1908 01:16:05,952 --> 01:16:09,782 a little bit more like a grant versus an investment. 1909 01:16:09,956 --> 01:16:12,524 And so that falls under a whole different set of rules. 1910 01:16:12,698 --> 01:16:14,657 29.5 million dollars 1911 01:16:14,831 --> 01:16:16,746 Over 1 billion HEX tokens are sacrificed- 1912 01:16:16,920 --> 01:16:20,271 We almost got, like, 660 million dollars sacrificed. 1913 01:16:20,445 --> 01:16:21,881 It's a win-win-win for everybody. 1914 01:16:24,667 --> 01:16:25,581 [LAUGHTER] 1915 01:16:25,755 --> 01:16:26,712 Well, I mean, like- 1916 01:16:26,886 --> 01:16:28,671 It's gone. 1917 01:16:28,845 --> 01:16:33,197 Right here, I mean... in HEX, there's 600 bucks right here. 1918 01:16:33,806 --> 01:16:35,678 Well, on this investment I did 100,000. 1919 01:16:38,332 --> 01:16:40,726 It's not here, but it's, you know, 1920 01:16:41,335 --> 01:16:42,554 going to a bigger, better place. 1921 01:16:42,728 --> 01:16:44,034 You mean a Gucci bag? 1922 01:16:44,208 --> 01:16:46,297 No, no, no, We took this and sacrificed... 1923 01:16:47,690 --> 01:16:49,517 into, uh, the new coins. 1924 01:16:50,083 --> 01:16:52,390 ROY: We were running up to a dollar. 1925 01:16:52,564 --> 01:16:54,044 We were at 50-something cents. 1926 01:16:54,218 --> 01:16:56,394 And then we all started sacrificing 1927 01:16:56,568 --> 01:16:58,744 for these different projects that Richard had. 1928 01:16:58,918 --> 01:17:01,529 And then all of a sudden the rug got pulled out 1929 01:17:01,704 --> 01:17:03,836 from the whole crypto space. 1930 01:17:04,010 --> 01:17:06,056 And it just started tanking and tanking and tanking... 1931 01:17:06,230 --> 01:17:08,536 Crypto obviously right now getting crushed- 1932 01:17:08,711 --> 01:17:11,670 Erasing more than $200 billion from the entire- 1933 01:17:11,844 --> 01:17:13,846 Investors getting jolted by volatility, 1934 01:17:14,020 --> 01:17:15,848 rippling through the crypto world- 1935 01:17:16,022 --> 01:17:17,589 Fearing they can lose it all. 1936 01:17:17,763 --> 01:17:19,243 And I don't know what in the world's going on. 1937 01:17:19,417 --> 01:17:20,548 CLAY: Everything's crashing. 1938 01:17:20,723 --> 01:17:22,115 This is what happens in the space. 1939 01:17:22,289 --> 01:17:24,944 It's part and parcel of the entire 1940 01:17:25,118 --> 01:17:27,164 history of cryptocurrencies. 1941 01:17:27,338 --> 01:17:29,601 Take any crypto assets and you will see 1942 01:17:29,775 --> 01:17:32,169 uh, huge run ups and huge dips. 1943 01:17:32,343 --> 01:17:34,258 You start at 100,000 and you think, okay, maybe I'll drop to 1944 01:17:34,432 --> 01:17:36,913 like 75 and then you go to 80... 1945 01:17:37,174 --> 01:17:38,697 But like when you go from 100,000 dollars, 1946 01:17:39,393 --> 01:17:41,482 to 594 dollars? 1947 01:17:41,657 --> 01:17:43,702 But it's not like we had 594 1948 01:17:43,876 --> 01:17:46,792 because we put it all into the, you know, the other coins. 1949 01:17:46,966 --> 01:17:49,926 And so like, it's technically still all there. 1950 01:17:50,100 --> 01:17:53,059 [POUNDING] 1951 01:17:57,977 --> 01:17:59,849 Richard is smart enough that he did this, 1952 01:18:00,023 --> 01:18:01,764 and your hands are clean, like he- you did it willingly. 1953 01:18:01,938 --> 01:18:03,330 [NERVOUS LAUGHTER] That's so true. 1954 01:18:03,504 --> 01:18:04,854 And there is no-- 1955 01:18:05,593 --> 01:18:08,248 --repercussion for him because you did what he said, 1956 01:18:09,467 --> 01:18:10,381 with no question. 1957 01:18:10,555 --> 01:18:12,252 I'm not the only one that- 1958 01:18:12,992 --> 01:18:13,906 [STAMMERS] 1959 01:18:15,342 --> 01:18:16,866 I mean, you can fool a couple of people, but I mean, 1960 01:18:17,040 --> 01:18:19,129 can you fool that many? 1961 01:18:36,363 --> 01:18:37,887 ROY: It hasn't been easy. 1962 01:18:38,061 --> 01:18:41,717 You know, I have had to tell my wife that, you know, 1963 01:18:41,891 --> 01:18:45,459 things aren't what they were a few months ago. 1964 01:18:45,633 --> 01:18:47,897 You know, um... 1965 01:18:48,071 --> 01:18:51,901 Champagne dreams and caviar wishes are not there right now. 1966 01:18:52,075 --> 01:18:54,991 The neighbors say, "Oh, he's doing his thing again." 1967 01:18:55,165 --> 01:18:57,733 You know, because he'll open the windows and I'm like, "Shhh." 1968 01:18:57,907 --> 01:19:00,648 He's got the headset on and he's like, ultra loud. 1969 01:19:00,823 --> 01:19:02,650 Ahoy, DeFi pirates! 1970 01:19:02,825 --> 01:19:04,304 Hexicans! 1971 01:19:04,478 --> 01:19:05,828 And then our neighbors came out and they're like, 1972 01:19:06,002 --> 01:19:07,612 We saw you on YouTube the other night!" 1973 01:19:07,786 --> 01:19:09,396 and it's like... oh my God. 1974 01:19:09,570 --> 01:19:11,050 ROY: I'm feeling fired up, bro. 1975 01:19:11,224 --> 01:19:15,054 I mean, it's- it's getting close-er? 1976 01:19:15,228 --> 01:19:16,055 Ish? 1977 01:19:16,229 --> 01:19:18,188 [LAUGHTER] 1978 01:19:18,362 --> 01:19:19,232 And it's every day- 1979 01:19:19,406 --> 01:19:20,625 It's- it's an inch closer. 1980 01:19:20,799 --> 01:19:22,366 An inch closer. 1981 01:19:22,540 --> 01:19:24,716 For years all they saw was me coming home at night 1982 01:19:24,890 --> 01:19:27,153 and leaving early in the morning in the dark. 1983 01:19:27,327 --> 01:19:28,981 And then all of a sudden now 1984 01:19:29,155 --> 01:19:30,069 there's this guy at home yelling and screaming in his room- 1985 01:19:30,243 --> 01:19:31,592 STACEY: Wearing a costume- 1986 01:19:31,767 --> 01:19:33,116 Wearing a costume, wearing a pirate costume. 1987 01:19:33,290 --> 01:19:36,728 So yeah, so it's... [KNOCKING] 1988 01:19:38,469 --> 01:19:39,339 [DOOR OPENS] 1989 01:19:39,513 --> 01:19:43,866 Oh, oh, let's go! 1990 01:19:44,040 --> 01:19:45,998 Good to see you, man. 1991 01:19:46,172 --> 01:19:47,391 Real good to see you. 1992 01:19:47,565 --> 01:19:48,740 ROY: Woo! Look who's here! 1993 01:19:49,915 --> 01:19:52,526 Hi! How are you? 1994 01:19:52,700 --> 01:19:54,920 MIKEY: How are you? STACEY: Oh my gosh. 1995 01:19:55,442 --> 01:19:56,574 RICHARD: In crypto, 1996 01:19:58,010 --> 01:19:59,359 if you buy the wrong thing, you lose all your money. 1997 01:19:59,533 --> 01:20:00,708 If you buy the right thing, 1998 01:20:00,883 --> 01:20:02,101 you get rich beyond your wildest dreams. 1999 01:20:02,449 --> 01:20:04,234 PulseChain was designed to enrich Ethereans, 2000 01:20:04,408 --> 01:20:06,889 enrich Hexicans, save the environment, 2001 01:20:07,150 --> 01:20:08,760 and for people that may hold the ticker, 2002 01:20:08,934 --> 01:20:10,414 perhaps get really, really rich 2003 01:20:10,588 --> 01:20:12,459 on a new ticker symbol that never existed before. 2004 01:20:12,633 --> 01:20:15,636 He seems to have a lot of answers about the crypto world, 2005 01:20:15,811 --> 01:20:17,813 but at the same time, like... 2006 01:20:18,422 --> 01:20:20,032 a big guy can take from the little guy. 2007 01:20:20,554 --> 01:20:23,470 And if I say the right words that make me sound smart enough, 2008 01:20:24,167 --> 01:20:25,211 you'll follow along. 2009 01:20:25,385 --> 01:20:26,343 You'll believe me. 2010 01:20:28,780 --> 01:20:29,737 Raspberry goose? 2011 01:20:29,912 --> 01:20:30,913 Raspberry goose. 2012 01:20:32,610 --> 01:20:35,439 So, so- Pulse is going to bring out a whole new ecosystem. 2013 01:20:35,613 --> 01:20:37,136 A whole new- 2014 01:20:37,310 --> 01:20:38,703 just a mass of products are going to come out 2015 01:20:39,051 --> 01:20:40,444 on top of this thing. 2016 01:20:42,098 --> 01:20:44,927 That's why I'm going on tour and start talking to people about it 2017 01:20:45,101 --> 01:20:47,059 But strategies, as far as you know, 2018 01:20:47,233 --> 01:20:49,105 what we're going to do right now is, 2019 01:20:49,279 --> 01:20:50,280 ROY: we're going to hold. MIKEY: Hold. 2020 01:20:50,454 --> 01:20:51,934 We're just going to hold. 2021 01:20:52,108 --> 01:20:54,371 I think this whole thing with launching Pulse 2022 01:20:54,545 --> 01:20:56,155 and the sacrifice, it's just, 2023 01:20:56,329 --> 01:20:58,157 you know, HEX has had a nice run, 2024 01:20:58,331 --> 01:20:59,942 how do we build the next thing 2025 01:21:00,116 --> 01:21:02,422 so that we can spin the wheel one more time? 2026 01:21:02,596 --> 01:21:03,510 This is a scam. 2027 01:21:03,684 --> 01:21:04,729 This is a facade. 2028 01:21:04,903 --> 01:21:06,862 Like, whatever. 2029 01:21:07,036 --> 01:21:08,864 We thought maybe six months to a year out. 2030 01:21:09,038 --> 01:21:10,343 MIKEY: I mean, yeah- 2031 01:21:10,996 --> 01:21:14,652 And uh, now we've ended up waiting two years. 2032 01:21:14,826 --> 01:21:17,742 HEX is a token built on a blockchain, 2033 01:21:17,916 --> 01:21:20,440 and PulseChain is a blockchain. 2034 01:21:21,050 --> 01:21:23,400 So building a blockchain is a lot harder. 2035 01:21:23,574 --> 01:21:25,576 That's probably why it's taken them so long 2036 01:21:25,750 --> 01:21:27,404 to get this thing launched. 2037 01:21:27,795 --> 01:21:28,840 You're my boy. 2038 01:21:29,754 --> 01:21:31,060 I came to you late. 2039 01:21:31,321 --> 01:21:33,192 I already got- I already got this to you late, 2040 01:21:33,366 --> 01:21:36,369 and then when you did get in, it was the top. 2041 01:21:36,543 --> 01:21:37,457 [LAUGHTER] 2042 01:21:37,631 --> 01:21:38,589 ♪ DRAMATIC MUSIC PLAYS ♪ 2043 01:21:39,416 --> 01:21:41,548 ROY: Yeah. Made mistakes. 2044 01:21:41,897 --> 01:21:42,985 To Ramey's benefit, 2045 01:21:43,507 --> 01:21:44,508 I think- 2046 01:21:46,118 --> 01:21:48,642 one of the nicest, great, best things about her is the trust. 2047 01:21:48,816 --> 01:21:50,775 He's never just going to sit still behind a desk 2048 01:21:50,949 --> 01:21:53,299 for the next 50 years and just do the same thing every day. 2049 01:21:53,952 --> 01:21:55,693 But at the same time, 2050 01:21:55,867 --> 01:21:58,957 we didn't need to dump the entire amount into something. 2051 01:21:59,131 --> 01:22:00,437 At once. 2052 01:22:00,611 --> 01:22:03,135 But when she sees like real banks failing 2053 01:22:03,309 --> 01:22:06,312 in her mind, that she has perfect trust in, 2054 01:22:06,486 --> 01:22:09,968 she then thinks, should we get our money and put it somewhere? 2055 01:22:10,142 --> 01:22:11,491 Or what should we do? 2056 01:22:11,665 --> 01:22:13,189 The banks are failing, yes. 2057 01:22:13,929 --> 01:22:17,062 But at the same time, there's been so many people right now 2058 01:22:17,454 --> 01:22:21,110 in the crypto world that have been scammed or lost so much, 2059 01:22:21,284 --> 01:22:23,373 it's riskier to put it in crypto, I feel like, right now 2060 01:22:23,547 --> 01:22:25,549 than it is to put it in the bank. 2061 01:22:25,723 --> 01:22:27,855 ROY: Ramey needs to know that it's not fake Internet quarters. 2062 01:22:28,030 --> 01:22:29,988 She needs to know that it's a viable option 2063 01:22:30,162 --> 01:22:33,470 for her family to go out and utilize, and- 2064 01:22:33,644 --> 01:22:36,299 for her kids one day to set up their own retirement plans in, 2065 01:22:36,473 --> 01:22:39,563 you know, and for you and her to put your nest egg in 2066 01:22:39,737 --> 01:22:41,391 and it'’s safe. Because it is safe. 2067 01:22:41,565 --> 01:22:44,263 [KIDS LAUGH] 2068 01:22:45,656 --> 01:22:47,179 RAMEY: I don't want to look like a fool and bawl. 2069 01:22:47,745 --> 01:22:49,181 [LAUGHTER] 2070 01:22:49,355 --> 01:22:51,270 I'll just let Mike do that. 2071 01:22:51,444 --> 01:22:53,142 He has to live in his own shame. 2072 01:22:54,230 --> 01:22:55,057 And I- 2073 01:22:55,231 --> 01:22:56,580 I don't know. 2074 01:22:56,754 --> 01:22:57,973 At the end of the day I get to be right. 2075 01:23:00,584 --> 01:23:01,628 So, I mean, that's a win. 2076 01:23:01,802 --> 01:23:03,804 How often is the wife right? 2077 01:23:09,506 --> 01:23:11,116 [CAMERA STARTS] 2078 01:23:11,290 --> 01:23:12,422 Hello, everybody. It's Richard Heart here. 2079 01:23:12,596 --> 01:23:13,989 I just want to let you know that 2080 01:23:14,163 --> 01:23:15,991 the PulseChain.com main net has launched, 2081 01:23:16,165 --> 01:23:19,516 and PulseX.com on that main net has launched as well. 2082 01:23:20,082 --> 01:23:21,735 I hope you guys are all enjoying it. 2083 01:23:21,909 --> 01:23:24,042 We waited a couple of years for this and it's finally here. 2084 01:23:24,564 --> 01:23:27,263 Ahh haha! You don't know! 2085 01:23:27,437 --> 01:23:28,655 We launched, baby! 2086 01:23:28,829 --> 01:23:30,135 PulseChain is live! 2087 01:23:30,309 --> 01:23:33,878 I'm rich, bitch! Millionaire, bitch! 2088 01:23:34,052 --> 01:23:35,271 How exciting. 2089 01:23:35,445 --> 01:23:36,837 Oh my God! 2090 01:23:37,012 --> 01:23:38,709 Let's fucking go! 2091 01:23:38,883 --> 01:23:41,581 It's here, folks. It's finally here! 2092 01:23:41,755 --> 01:23:42,539 Do you see us? 2093 01:23:42,713 --> 01:23:43,888 You see us now? 2094 01:23:44,062 --> 01:23:45,194 Thank you so much, Richard Heart- 2095 01:23:45,368 --> 01:23:46,195 I am the captain. 2096 01:23:46,369 --> 01:23:47,631 Your captain. 2097 01:23:47,805 --> 01:23:50,808 And now PulseChain Kabazillionaire! 2098 01:23:50,982 --> 01:23:52,244 100,000x muthafucka! 2099 01:23:52,418 --> 01:23:55,900 I'm officially retired. Just like that! 2100 01:23:56,074 --> 01:23:57,641 I saw my kid's faces... 2101 01:23:58,468 --> 01:24:02,820 And I could see a bright future ahead of them, 2102 01:24:03,647 --> 01:24:05,649 thanks to what you have done. 2103 01:24:10,741 --> 01:24:13,831 [ENGINE NOISE] 2104 01:24:15,615 --> 01:24:17,922 LAMONT: You know, he says that he wants to kind of like 2105 01:24:18,096 --> 01:24:21,491 change the world and make people better off... 2106 01:24:22,318 --> 01:24:23,667 RAMEY: I put my money into crypto 2107 01:24:23,841 --> 01:24:25,625 and my hands are still empty. 2108 01:24:25,799 --> 01:24:27,627 There has been no reward. 2109 01:24:28,237 --> 01:24:31,892 From where I've sat, it's only been down. Which is horrible. 2110 01:24:33,068 --> 01:24:35,505 RICHARD: Oh, the frame- my God. 2111 01:24:35,679 --> 01:24:36,636 That's beautiful. 2112 01:24:37,028 --> 01:24:38,464 That's really great. 2113 01:24:38,638 --> 01:24:40,423 That is exactly the style that I love, man. 2114 01:24:40,945 --> 01:24:42,903 LAMONT: Ultimately, it's all about his glory 2115 01:24:43,078 --> 01:24:44,253 and his personal gain. 2116 01:24:44,427 --> 01:24:46,559 That's how egocentric people work. 2117 01:24:46,733 --> 01:24:48,431 'Cuz they think he's God. 2118 01:24:48,605 --> 01:24:52,130 They think he's amazing, and they'll do anything he says. 2119 01:24:52,478 --> 01:24:55,264 ♪ EPIC MUSIC PLAYS ♪ 2120 01:24:55,438 --> 01:24:59,311 RICHARD: People watch what I do and people think it's a cult. 2121 01:25:01,270 --> 01:25:04,969 CLAY: It seems like on one hand, he's here for legend, 2122 01:25:05,143 --> 01:25:06,405 he's here to save the world, 2123 01:25:06,579 --> 01:25:08,320 he's here to make a bunch of millionaires. 2124 01:25:08,494 --> 01:25:10,279 And then on the other hand, it seems like 2125 01:25:10,453 --> 01:25:12,890 some of this is just a large performance art project. 2126 01:25:13,717 --> 01:25:15,414 RICHARD: Everything is getting worse, 2127 01:25:15,588 --> 01:25:17,851 and the only thing that's making it better is cryptocurrency. 2128 01:25:18,025 --> 01:25:20,985 If ultimately this is all a big performance art project, 2129 01:25:21,159 --> 01:25:22,726 people are going to get fucked. 2130 01:25:22,900 --> 01:25:24,815 LAMONT: There are a lot of people who talk about 2131 01:25:24,989 --> 01:25:27,557 crypto for good and why we're doing these things- 2132 01:25:27,731 --> 01:25:28,906 He's in it to make money! [CAMERA SNAPS] 2133 01:25:29,080 --> 01:25:31,300 KELLY: He has created a character. 2134 01:25:31,474 --> 01:25:33,867 Almost like he's acting in a play 2135 01:25:34,041 --> 01:25:35,347 RICHARD: I have made and lost more money 2136 01:25:35,521 --> 01:25:37,219 than most people will ever make. 2137 01:25:37,393 --> 01:25:38,916 I've forgotten more things than most people will ever learn. 2138 01:25:39,090 --> 01:25:40,483 Cheers to making the future a better place. 2139 01:25:40,657 --> 01:25:41,527 GUESTS: Cheers. 2140 01:25:41,701 --> 01:25:43,007 LAMONT: He's like a DJ. 2141 01:25:43,181 --> 01:25:44,965 He's like spinning the records- [RECORD SPINS] 2142 01:25:45,140 --> 01:25:46,402 HEXICAN: Ching! Ching! Muthafucka! 2143 01:25:46,576 --> 01:25:47,751 [♪♪♪♪♪] 2144 01:25:47,925 --> 01:25:49,318 LAMONT: People are dancing- 2145 01:25:49,492 --> 01:25:50,971 HEXICAN: It's coming your way, muthafuckas! 2146 01:25:51,146 --> 01:25:52,495 LAMONT: And when people are having a good time, 2147 01:25:52,669 --> 01:25:54,410 the party is rockin', the price is rising- 2148 01:25:54,845 --> 01:25:57,239 This is just the icing on the cake cake. [CACKLES] 2149 01:25:57,413 --> 01:25:59,154 He's definitely an outlier. 2150 01:25:59,328 --> 01:26:02,940 But he can't do this forever. Because humans are not God. 2151 01:26:03,114 --> 01:26:05,943 Humans are just people keeping the show going. 2152 01:26:06,335 --> 01:26:07,988 RAMEY: If these things are so easy and 2153 01:26:08,163 --> 01:26:10,513 they happen so often to people, why aren't more people doing it? 2154 01:26:10,687 --> 01:26:12,079 Guy is a salesman. 2155 01:26:12,645 --> 01:26:15,735 Parties are fun, but parties ebb and flow, 2156 01:26:15,909 --> 01:26:18,303 and at some point the music's going to stop. 2157 01:26:19,870 --> 01:26:21,524 RICHARD: It's hard for people to understand 2158 01:26:21,698 --> 01:26:24,483 where I'm coming from in my life because my cup is so full. 2159 01:26:24,657 --> 01:26:27,007 I just think Richard's got to be tired. 2160 01:26:27,182 --> 01:26:29,575 All the time on the computer, all the time streaming. 2161 01:26:29,749 --> 01:26:31,360 I'm the best human being in cryptocurrency. 2162 01:26:31,534 --> 01:26:32,752 LAMONT: I've nothing against Richard, 2163 01:26:32,926 --> 01:26:34,450 but he can't do this forever. 2164 01:26:34,624 --> 01:26:36,147 I just don't think it's there yet. 2165 01:26:36,321 --> 01:26:38,149 I made a cryptocurrency that went up 1,000,000%. 2166 01:26:38,323 --> 01:26:40,630 I'm right over and over and over and over again, 2167 01:26:40,804 --> 01:26:42,893 and I'm just waiting for the rest of the world to catch on. 2168 01:26:43,067 --> 01:26:44,242 CLAY: This is the future. 2169 01:26:44,416 --> 01:26:47,332 We saw photographs become digital, 2170 01:26:47,506 --> 01:26:49,595 and when Instagram sold to Facebook, 2171 01:26:49,769 --> 01:26:51,293 it was worth more than Kodak was. 2172 01:26:52,119 --> 01:26:53,904 LAMONT: There's a whole world out there. 2173 01:26:54,078 --> 01:26:57,168 I think crypto is part of it. I think it's the future of it, 2174 01:26:57,342 --> 01:26:59,997 but it's not going to replace everything else. 2175 01:27:00,171 --> 01:27:04,480 CLAY: We saw music go digital and Spotify is worth far more 2176 01:27:04,654 --> 01:27:07,744 than any other traditional old school music company is now. 2177 01:27:07,918 --> 01:27:10,660 It's inevitable that money becomes digital. 2178 01:27:10,834 --> 01:27:13,619 Jumps on the back of Moore's Law and goes exponential. 2179 01:27:13,793 --> 01:27:16,666 That genie's out of the bottle and there's no taking it back. 2180 01:27:16,840 --> 01:27:18,929 RICHARD: The cryptocurrency is not going away, ever. 2181 01:27:19,103 --> 01:27:20,844 And at some point 2182 01:27:21,018 --> 01:27:23,020 the people that you met that you thought were crazy loon birds, 2183 01:27:23,194 --> 01:27:25,065 they're going to be in the 1%, and they're going to be 2184 01:27:25,240 --> 01:27:26,719 the people that own half of everything. [ENGINE RUNNING] 2185 01:27:26,893 --> 01:27:28,460 RAMEY: Every time you turn around, 2186 01:27:28,634 --> 01:27:30,288 somebody has schemed somebody out of their money. 2187 01:27:31,681 --> 01:27:32,856 Why not this one? 2188 01:27:34,684 --> 01:27:36,207 [GLITCH] 2189 01:27:43,170 --> 01:27:44,737 [GLITCH] 2190 01:27:50,177 --> 01:27:54,094 ♪ ORCHESTRA PLAYS ♪ 2191 01:27:55,400 --> 01:27:56,967 [GLITCH] 2192 01:28:05,192 --> 01:28:06,759 [GLITCH] 2193 01:28:14,941 --> 01:28:16,508 [GLITCH] 2194 01:28:27,476 --> 01:28:30,348 [MUSIC INTENSIFIES] 161658

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