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[RUMBLE]
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Downloaded from
YTS.MX
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Official YIFY movies site:
YTS.MX
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Hi, hi.
5
00:00:22,805 --> 00:00:23,849
Hello there.
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00:00:25,460 --> 00:00:27,679
DIRECTOR: Welcome! Welcome.
Have a seat.
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00:00:27,853 --> 00:00:28,985
Thank you.
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HEXICAN 1: Hello.
HEXICAN 2: Hi.
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00:00:30,160 --> 00:00:30,943
DIRECTOR: And how are you?
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Really good.
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DIRECTOR: Fantastic.
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Sitting up straight.
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Ta da!
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DIRECTOR: And then what's this
thing?
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That's my HEX medallion.
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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.
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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.
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00:00:44,957 --> 00:00:46,307
Pick a card. Any card.
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DIRECTOR: And based on what
that card says,
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00:00:48,004 --> 00:00:49,005
I'm going to ask
you a question.
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00:00:49,179 --> 00:00:50,006
Okay.
25
00:00:50,180 --> 00:00:51,007
One word.
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00:00:51,181 --> 00:00:52,617
One word.
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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.
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00:00:55,403 --> 00:00:56,708
In one word.
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00:00:56,882 --> 00:01:01,713
DIRECTOR: Who is Richard Heart?
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00:01:04,890 --> 00:01:05,891
Just one word?
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00:01:07,284 --> 00:01:08,242
God.
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Messiah.
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00:01:13,725 --> 00:01:14,813
Legendary.
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Hero.
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00:01:16,902 --> 00:01:18,034
Master.
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00:01:18,208 --> 00:01:19,905
The benevolent king.
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00:01:20,080 --> 00:01:21,951
I don't want to say God, because
everyone's going to say God!
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00:01:22,125 --> 00:01:23,039
Winner.
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00:01:23,213 --> 00:01:24,301
- Genius.
- Savior.
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00:01:25,650 --> 00:01:26,738
RICHARD: I'm the best human
being in crypto.
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00:01:26,912 --> 00:01:28,175
I raise the most money for
charity,
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00:01:28,349 --> 00:01:29,828
I produce the most
self-help videos.
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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.
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Quarter million.
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00:01:39,142 --> 00:01:40,665
Hate me. Hate me.
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I'm farther than you'll ever be
in your whole life.
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00:01:42,276 --> 00:01:43,146
Quarter million
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00:01:43,320 --> 00:01:44,495
HEX.
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DIRECTOR: In one sentence, what
is HEX?
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The best crypto asset in the
world.
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00:01:52,068 --> 00:01:53,765
Uh, cryptocurrency.
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Put it away for a period of time
and it basically multiplies.
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00:01:56,768 --> 00:01:58,857
Instead of offering the
two percent you get
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00:01:59,031 --> 00:02:00,990
when you put your money into
a savings account,
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00:02:01,164 --> 00:02:03,601
with HEX you can get APY of up
to 40%.
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00:02:04,036 --> 00:02:06,256
The longer you stake, you lock
in your coins,
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00:02:06,517 --> 00:02:08,040
the more interest you earn.
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00:02:08,215 --> 00:02:12,262
Which pays the most incredible
rate of interest.
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00:02:12,741 --> 00:02:15,526
I've ever come across, around
about 40% APY.
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00:02:15,700 --> 00:02:18,747
You can just stake your HEX and
enjoy the gains.
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HEX is freedom.
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There's no other word for it.
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This is the best potential in
the entire world.
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If you get this right, you never
have to work
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00:02:25,623 --> 00:02:26,972
again a day in your life.
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00:02:27,147 --> 00:02:28,148
But if you get it wrong, you
lose everything.
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DIRECTOR: Okay. Next card.
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Hexicans.
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Hexicans.
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Who are Hexicans?
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We are here right now!
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The strongest, most loyal
community in crypto.
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I'm a full time Hexican.
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I got a tattoo that proves it.
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Richard Heart supporting,
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00:02:47,950 --> 00:02:50,213
crypto-loving, money-making
enthusiasts-
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00:02:50,387 --> 00:02:51,997
You know I'm going to fucking
make it, man!
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00:02:52,172 --> 00:02:53,477
I wasn't going to make it,
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I wasn't going to fucking
make it man!
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Anyone who has bought into the
philosophy of HEX.
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Fix the money, fix the world.
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And that's what we're here to
do.
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HEX is the only real crypto out
there.
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00:03:01,703 --> 00:03:03,792
They can cut through the
bullcrap.
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00:03:04,488 --> 00:03:05,968
Can I say bullshit?
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00:03:06,142 --> 00:03:07,187
They just cut through the
fucking bullshit right?
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00:03:07,361 --> 00:03:08,318
[RAPPING] Jackpot bitch!
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00:03:09,667 --> 00:03:10,929
DIRECTOR: All right next card.
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DIRECTOR: It says?
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Scam.
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00:03:16,152 --> 00:03:17,153
[SCOFFS]
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00:03:18,110 --> 00:03:19,024
[LAUGHS]
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00:03:19,199 --> 00:03:21,157
Is HEX a scam?
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00:03:21,418 --> 00:03:23,246
Richard explained that a lot of
times on stream,
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00:03:23,420 --> 00:03:25,727
why it isn't a scam or
a Ponzi scheme
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00:03:25,901 --> 00:03:27,598
or a pyramid or
something like that-
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00:03:27,772 --> 00:03:29,426
DIRECTOR: So you're saying
Richard told you
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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?
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00:03:33,561 --> 00:03:36,041
[LAUGHTER]
Scam.
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That's a ridiculous idea.
105
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It's one of those things,
one of those words
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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.
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So go show me the person that's
been scammed.
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All promises are met.
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00:03:54,930 --> 00:03:55,887
Why a scam?
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00:03:56,061 --> 00:03:57,628
One article titled
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00:03:57,802 --> 00:04:00,675
'Richard Heart's HEX Token
is a Brilliant Scam'.
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00:04:00,849 --> 00:04:03,895
There- there'’s got to be
something deep down on why...
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00:04:05,506 --> 00:04:06,985
Why you're- Why you're saying
this.
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00:04:07,159 --> 00:04:08,422
Sorry, Richard.
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00:04:08,596 --> 00:04:09,684
This is the dumbest
fucking thing
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00:04:09,858 --> 00:04:10,815
I've ever heard in
my entire life.
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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!
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00:04:15,559 --> 00:04:16,952
He's just not a scam artist.
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These are the people that called
Bitcoin a scam
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when Bitcoin was ten cents.
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00:04:20,564 --> 00:04:22,131
So you're only going to miss
out.
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00:04:22,305 --> 00:04:24,133
You've conned people into taking
a worthless currency,
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00:04:24,307 --> 00:04:25,265
that you create for nothing!
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00:04:25,439 --> 00:04:26,744
Because they don't like him.
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00:04:26,918 --> 00:04:28,920
They know that he's smarter than
they are.
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00:04:29,094 --> 00:04:31,401
He looks like a carny, man, with
the suits that guy--
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00:04:31,575 --> 00:04:33,360
--I mean, he plays the part.
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00:04:33,534 --> 00:04:36,972
What HEX is doing is creating
more millionaires and perhaps
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00:04:37,146 --> 00:04:39,279
billionaires than anything ever
before.
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00:04:39,757 --> 00:04:40,802
You know, there are a lot of
haters.
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00:04:40,976 --> 00:04:42,499
Blocked by CoinDesk.
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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,
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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-
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00:05:23,366 --> 00:05:24,759
You wear something black,
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00:05:24,933 --> 00:05:26,369
can't people tell if something
cool's going on.
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00:05:26,543 --> 00:05:27,805
DIRECTOR: And what are on those
wrists of yours?
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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,
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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.
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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.
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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.
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00:05:54,832 --> 00:05:56,138
DIRECTOR: Let's bring people
into this a little bit more-
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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?
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00:06:01,012 --> 00:06:02,318
Oh, I don't tell people where
I'm at man.
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00:06:02,623 --> 00:06:03,928
When people know where you live
on the Internet,
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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,
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00:06:11,893 --> 00:06:13,329
I'm just a tool for the message.
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00:06:13,503 --> 00:06:14,809
Like I want to make the world a
better place.
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00:06:14,983 --> 00:06:16,376
I want people to be happier,
healthier,
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00:06:16,550 --> 00:06:18,813
stop gambling, stop trading,
stop drinking,
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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-
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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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