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Rashad Bilal
Earners. What's going on? Listen, EYLU is relaunching, revamping, retooling. That's right. We're creating a new educational experience that's more expansive. Shoti tell what we got.
Troy Millings
Yes, 2023. We got a lot in store, a lot planned for you guys. So you know that EYLU already includes monthly financial planning calls with me, book club calls with Troy, real estate calls with MG the mortgage guy, access to the home buying blueprint volume one and volume two. Part of the revamp will include 27 local chapters from across the United States. Live interactive teaching, hands on, not just pre recorded videos. Plus 15 brand new curriculums.
Rashad Bilal
The biggest just got bigger.
Ian Dunlap
Head over to eyluniversity.com that's E Y.
Rashad Bilal
L U N I V E R.
Ian Dunlap
S I T y dot com. See you there.
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Troy Millings
Yes, sir.
Ian Dunlap
Yes.
Rashad Bilal
Happy King Day.
Troy Millings
Y'all be back.
Ian Dunlap
Absolutely. Happy King Day.
Rashad Bilal
Happy King Day.
Troy Millings
We back at it.
Rashad Bilal
Fighting for the dream that made Martin Luther the King.
Troy Millings
Back at it. We back at it. You know, I had to switch it up a little bit inauguration season, so I'm on my Tim Scott don't Do that.
Rashad Bilal
Don't do that. We still. We still got kids.
Ian Dunlap
Come on, bro. Come on.
Rashad Bilal
Down, down. I ain't see him either.
Troy Millings
Where you at? Hit my phone.
Rashad Bilal
Who's your daddy?
Troy Millings
My phone.
Ian Dunlap
Calling Trump daddy. Baron don't call Trump daddy.
Rashad Bilal
Yo, he said, who's your daddy? Crazy Daddy's home. Shout out to Usher. I ain't hear that since Usher.
Troy Millings
Tim, man, we gotta talk. We gotta talk.
Rashad Bilal
Yeah, conversations need to be had, but it. There was an inauguration today.
Troy Millings
It's a lot going on right now, for sure. So, yeah, we got a lot to talk about. We got a special guest, 19 keys gonna be joining us a little later. So. Yeah, man, obviously everybody knows what's been going on. If you haven't, you know, President Trump was sworn in today. Inauguration happened around 12 o'clock. And a lot, you know, he said a lot, you know, talked about the Gulf of Mexico being renamed. That's one of the first things you're going to do. He talked about a colorblind society. He talked about only recognizing male and females. And a lot of this stuff we gonna Blackout this week will be legendary.
Rashad Bilal
By the way, for sure.
Troy Millings
So this is a platform where we had to educate. Of course we're gonna give some commentary. But just know Blackout is when we're gonna blackout. Go crazy. I appreciate that, guys, but I gotta feel this episode's gonna be spicy as well. I mean, yeah, we got keys coming on. Perfect timing.
Rashad Bilal
That's a fact.
Troy Millings
But make sure you watch Blackout this week for sure. 10:00 Eastern Standard time on Wednesday. Make sure. Oh, special episode.
Rashad Bilal
Special episode.
Troy Millings
Earn your leisure this week as well. 6:00 Eastern Standard time. My guy, Lecrae.
Ian Dunlap
Hey.
Troy Millings
Oh, dope artist. Somebody that's killing the game. So we got a conversation with him, 6 o'clock. And shout out to everybody that purchased the book. You know, we. We wrapped up our book tour.
Rashad Bilal
Yeah.
Ian Dunlap
That's incredible.
Rashad Bilal
But we appreciate you pulling up on the Houston stop. Houston was incredible. Incredible. DC was incredible. Atlanta, New York's energy was on. I mean, just unmatched.
Ian Dunlap
Right?
Rashad Bilal
Shout out to Brooklyn, shout out to New York. That was home cooking right there.
Troy Millings
Yeah. Everywhere was great, man. So shout out to everybody. Shout out to Larry, Happy birthday. He had his birthday weekend in Houston.
Ian Dunlap
Yeah. Birthday Larry.
Troy Millings
Dave Shands is on the road with us.
Rashad Bilal
Yes.
Troy Millings
For three cities, man.
Rashad Bilal
He got the vlog a little bit.
Troy Millings
Did he?
Rashad Bilal
Yeah, yeah, yeah, yeah, yeah.
Troy Millings
So, yeah, if you haven't gotten the book, get the book. But shout out to everybody that purchased the book. You know we pushed real hard for the first week and tomorrow we're going to be on Sherry shepherd show.
Rashad Bilal
Yes. We will be live in studio daytime television Vibe again.
Ian Dunlap
I, I told you one of the greatest roll ups I've seen.
Rashad Bilal
Yeah, man, appreciate that. Yeah, I try to tag, I'm sure, shout out to the same. We try to tag as many people as possible. The love has been overwhelming but the reaction to the book has been equally as great, man. So yes, it's great to support it but actually taking action, reading a book and executing on the information inside it is is what this is all about, man. So shout out to everybody that purchased and those who gifted it. Shout out to everybody that gifted it. I saw a couple people had their own little campaigns. I bought 10. I'm gonna give away one to some people. Yeah, so shout out to everybody.
Ian Dunlap
Man.
Rashad Bilal
Speaking of birthdays, we can't go any further. Yesterday was a huge birthday for a company called Earn your Leisure. That's right folks. Six years ago.
Ian Dunlap
That's crazy.
Rashad Bilal
January 19th, 2019, we shot our first episode in your office which was incredible. I remember we bought two chains of clothes because we were going to try to shoot two episodes in that day. But yeah, man, six years later, here we are. So shout out to every single person that spread love, that told somebody about what we were doing that's been championing us. It's been an incredible journey. Shout out to everybody that's touched the platform. I mean it's incredible.
Ian Dunlap
Six years too. Congrats. That's.
Troy Millings
Appreciate that man. Thank you. Appreciate it, my brother. Thank you for being a pivotal part and everything that we've been able to accomplish. Market Mondays has become a staple. Blackout is a cultural phenomenon. So I appreciate, appreciate you dearly.
Ian Dunlap
Appreciate you as well. Thank you for asking my message when I raise my hand too. You know what I mean?
Rashad Bilal
That's a fact. That's a fact.
Troy Millings
That's a fact.
Rashad Bilal
Success.
Troy Millings
Any anything that you would like to.
Ian Dunlap
Say, Ian, if you want to get rich from the market, go to ianvest.com Stock call this week will be on Friday at 5pm Central. Everybody in Houston stay safe as we're going through like a little freeze. Snow warnings, city don't handle salt trucks. So if I made you money please put yes in chat. Tune in the blackout. We we're gonna give you sug shot of your leather jacket vibes. Smoothie king, all the y'all want to cover cool Republicans tune in too. We got some insights for you. And if you're a black man Never call a white man your daddy unless that's your best boss. But you went too far. You went too. To not have no seats. Inauguration a little too far.
Rashad Bilal
Strip your seats.
Ian Dunlap
Come on, bro. Baron, don't. Melania, don't call him daddy.
Troy Millings
And he from Brooklyn.
Rashad Bilal
That's Yo, I'm wrong from that, can't run from that. Yeah, he is from Brooklyn. Yeah. Yo. It's gonna be a special one. There's so much to talk about.
Troy Millings
There's a lot.
Rashad Bilal
And there's a lot of things that you know is gonna happen between now and then.
Troy Millings
So that's a fact.
Rashad Bilal
Gotta catch it all.
Troy Millings
Yeah.
Rashad Bilal
Hey, yo, Disclaimer. Yeah, I prefaced it. Thank you.
Ian Dunlap
Gotcha.
Rashad Bilal
Shout out to everybody in Eylu. Shout out to the Red Panda family. People are really changing their lives, bro. Like every stop we went to, people, I mean, again and again talking about how they overcame dead, how they invest in somebody in the audience in New Orleans is talking about they've been watching market monies, they 10x their portfolio. Shout out to everybody that's executing on information. But y'all know how this works, man. Do your own research. This is our disclaimer. Our content is intended to be used and must be used for informational purposes only. It's very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional connection with or independently research and verify any information that you find on our show and wish to rely upon whether for the purpose of making an investment decision or otherwise continue to do the research, share the research and give love where you found it. Love is love. That's how we build community. That's how we grow as one. Let's keep going. This Thursday. This Thursday. This Thursday. Eylu, we back. I got my class. Got a class.
Troy Millings
Yeah. Everybody that. What time is it?
Rashad Bilal
7 o'clock on Thursday. 7 o'clock on Thursday, we will be back in session and I'm gonna let them know what we I've been telling you about. Gonna break that down for them.
Ian Dunlap
He got one for real.
Rashad Bilal
Okay.
19 Keys
Yeah.
Troy Millings
So everybody that got into that, that free offer that we had last week, as far as 30 days, make sure you check out the option class this Thursday at 7:00.
Rashad Bilal
Yeah, yeah.
Troy Millings
Vitally important. So, all right, let's get into. It's a lot to talk about. First thing definitely want to cover is, you know, obviously Trump dropped his meme coin a few days ago. Skyrocketed, made, you know, a lot of people A lot of money and then crashed. So this is an interesting situation, right, where you have the President of the United States using his power and influence two days before he actually gets elected to affect the financial markets to, to come out with an unregulated security and boost it, then quickly drops sharply afterwards. Classic rug pull type situation. So, you know, I thought that this was. It's one of these things where they said like a wallet linked to the coin sold $32 million worth of tokens minutes after the launch without ever buying any. So, okay, here's the ico, here's how these things.
Rashad Bilal
Exactly.
Troy Millings
And this is the thing. You put out a meme coin. You have obviously a bunch of them because you are the one that, that actually creates it, right? And then right away it skyrockets. You sell it and it's like almost the quickest thing is that is in pr, it's printing money. It's literally like it's just printing money, right? And then people buy it because they see the momentum of, of everything happening and somebody gets caught holding the bag at the end. Dumbest fool theory. So what's, what's, what's the thoughts on, on the Trump meme coin?
Rashad Bilal
Positives and negatives?
Ian Dunlap
Yeah, the positives for him is he. He's going to find a loophole. So I had a lot of people actually, when we're at the event Friday was like, well, is this illegal? And I'm like, technically, yes. That's why we always say trading has considerable risk. Please consult your advisors. For those who made money. Now, I know a few people who made some money from it, and people are like, well, should I invest into it or should I not? And my thing is, if you're going to invest in a speculative investment, if you're not getting in early, this is for ipos.icos. if you're not getting in below 20, you usually are too late. By the time everyone. It was like hidden social media and Twitter and Instagram, you probably got in too late. I'm seeing people who I never saw talk about investing. I'm saying a Trump coin is next and then the sector rotation after the coin dropped in. Melania has the coin we were talking, Bear coin may be the coin to.
Rashad Bilal
Get right by the end of this episode. Right.
Ian Dunlap
For sure. So you have to be careful now if you're African American or if you're Democrat. Some of you are asking, is it right for me to invest in this coin? If you get it at the right price and you exit quickly, that's up to you. But at what point do you stand on morals over money? Especially if you've been watching the show? Great run up. I know the percentages are amazing, but we've given you plenty of opportunities to make a lot of money with a lot of other investments. I would just say be careful. I see it going back down to 11 bucks. So if you want to wait and be patient, you can pick a lot up at 11. But I wouldn't be buying in the 40s or 30s. For sure.
Guest Speaker
Yeah.
Rashad Bilal
Congrats to anyone who made money, first.
Ian Dunlap
And foremost, for sure.
Rashad Bilal
A couple things from both sides of it. Number one, it does put a stamp on the space. Right? For sure. Right. We saw after the coin got released, I think it ran up to a 30 billion dollar valuation in 24 hours, which is absolutely insane. Inversely, we saw bitcoin go up to 109. Right. Like it. Now the President of the United States has a coin, so the space is solidified. The regulation part is very interesting. And this is what happens when you can control things. Right. Like, if I want to make sure that this is something that is going to be legal, I'll create a czar for cryptocurrency.
Ian Dunlap
Put them in my cabinet.
Rashad Bilal
Yes, put them in my cabinet. The cabinet that didn't exist before. And we will write legislation so that going forward, it will be. Yeah, that's the danger of it. Right. You're talking about a coin that had no ICO initial coin offering. I haven't even seen a white paper. So when we're talking about, oh, no, these things don't exist. Right.
Ian Dunlap
So.
Troy Millings
But he said it's a mean core. He didn't, he didn't try to say it was a. I know, I'm talking about.
Rashad Bilal
For the. So, because most people that are going to invest in it have no idea of cryptocurrency and no idea of bitcoin specifically, but they have even less an idea of what a mean coin is. So they're just uneducatedly just investing. Right. Those are the things that we're looking for if we're going to invest in it. I know we say stay in the top two.
Ian Dunlap
Yeah.
Rashad Bilal
When we see money, it felt like this was the lottery in a sense. It was like, all right, we're gonna put our dollar in. And hopefully if it makes something. It does. If we lose money, our job has always had been like, hey, let's educate them first. Let's look at long term investing. If you made money, great. If you traded on it, great. Is it Something that I'm looking to invest to. Probably not right for those kids, but positive, negative. Can you make it? Yeah, you can. And I guess the Melania and the Junior Coin will be next.
Ian Dunlap
It.
Rashad Bilal
It's just. It's so speculative that it becomes almost dangerous. Right. Because, you know, by the time we figure out, yeah, the guy who put in a million dollars and made 90. Who is he?
Troy Millings
He's.
Rashad Bilal
Yeah.
Ian Dunlap
And you got to liquidate because you're gonna have liquidity issues trying to get all that money out.
Guest Speaker
Right.
Rashad Bilal
As soon as we try to sell it, it's going to be like, well, how do we get it out? But again, two days later, it's on Coinbase. Two days later, it's on Robinhood. So you got major platforms that are making it available because they saw the volatility spike and people are trying to figure out where to go. When it initially came out, you couldn't go there. So they're looking at it from a standpoint of, yeah, we got to get some money off of this, too.
Ian Dunlap
And you also contributed to the campaign, so you didn't get your hair cut off. Smart investment. Kudos to Brian Armstrong. Fight. Listen, I know I gave him a lot of ish the last two or three years, but he's found a way to fight back and stay alive. As an entrepreneur, you have to come in that. I saw Kraken sponsored the inauguration of Crypto Ball that Snoop and Ross was at. I got some texts. It was like, yeah, forgot we knew some people who was in that camp. But my thing is, anytime you get into something speculative, you have to. Most important lesson, know when you're going to exit. No, please know when you're going to exit. Stay in 12 hours maximum. Get out, get your coins. But if you. Everyone's like, yo, it dipped. Now's the time to buy the dip. Buy the dip is not a strategy. You need a mathematical calculation for when to buy. So.
Troy Millings
Well, the thing about this is that it was. Okay, so this is the reality of the situation. Donald Trump is a businessman who values money probably more than anything else. Right. And people, people around him value money. His sons, cabinet members, different things that nature. They see an opportunity to make money in a very short period of time by putting out a meme coin and then pulling the rug. That for all intensive purposes, allegedly, allegedly, allegedly. That for all intents and purposes is illegal. It's no different from what how to it did. Right? Like, we can't dress this up to make it seem like whatever her name is. Yeah, this we can't make. We can't make this seem anything different than what it is. It's an effort to get uneducated investors to play off of momentum, to buy into something with the intention to sell. If you sell. If you create something a day ago, put it on the market, dump it as soon as it goes on the market. That's different from bringing a company public. And that's. That's completely different. This goes back to why all the venture capital funds started to invest in all of these blockchain companies, because they saw a pathway with ICOs to skip through regulation, to skip through actually creating a real company and, and raising money and doing all of that. When you can literally just come up with a name and an idea, if you have. If you have somebody that's pushing it, that has a following, you can dump it upon the public. The only people that's really going to win big is the people that's on the inside circle that actually go about this. So it's like you, okay, we tell our friends, we tell our co friends, like, this is what you're gonna do. You're gonna get the shares, and then even if you buy into it, I mean, you still. You're gonna. By the time you can actually buy and sell it, it's too late.
Rashad Bilal
Yeah.
Troy Millings
So the only people that really win are the people that's on the inside of the situation. That for all intensive purposes is illegal.
Rashad Bilal
Yes. And just to reiterate that, we've seen that happen. You said with Hawk, too. But this is the same thing that happened with Floyd.
Troy Millings
We saw it happen with him.
Ian Dunlap
Kardashian.
Troy Millings
They got, they got in trouble for that.
Rashad Bilal
Exactly.
Ian Dunlap
Yeah.
Troy Millings
So this is no different, but this speaks to the times that we're in and it speaks to what's going to be the norm over the next four years. So it is what it is, but we can't act like it's something that it's not.
Rashad Bilal
No, it definitely. What you just explained is exactly what it is. The only question is, when you're the person that is in charge of the rules, you're picking the SEC chair and your czar of quote unquote cryptocurrency now makes policy that that isn't. That maybe it's not illegal and you're found nothing is guilty there. Then what?
Ian Dunlap
Nothing's gonna stop me.
Rashad Bilal
Comes to cut more mean coins to come. Yeah. Would assume.
Ian Dunlap
And, and we were talking about it before, before we started, but I wouldn't be surprised if he looks at the landscape of the big Mag seven and makes his own to ETF in a year and a half. Because you already know the power players who are donated and you know what inducements they have. And we need these companies to do well. I think this meme coin also speaks to the fragility of the economy, that people know that the investment is no good. But they're putting like Ish called me. One of his friends put his last $23,000 into it. He made 300 grand.
Rashad Bilal
Which one?
Ian Dunlap
Yeah, but what if it went negative?
Rashad Bilal
Yeah.
Ian Dunlap
And now you lost everything. But people are feeling like, well, where else can I go? And we missed the Tesla trade, we missed the Nvidia trade, we missed the micro strategy trade. And I'm sure Trump saw the house talk to a girl. Get that BS off and be like, if I got David Sachs over here and Gensler out of here o to the moon.
Rashad Bilal
I mean, last year we saw it when True Social went public.
Troy Millings
Yeah.
Rashad Bilal
Same situation. Literally same exact situation. It was a belief of followers saying, like, we want to invest in you. Who cares what the the actual product is? We just want to invest in you. And True Social, we saw it ran up, it had a crazy fall, but it stayed above a price average was guaranteed. He was locked in at a certain amount. He made over $7 billion from it. We'll see if this even gets recorded of how much.
Ian Dunlap
You know this thing is gonna fall apart. It just depends on how fast.
Rashad Bilal
Yeah. And how much he's made already.
Ian Dunlap
Yeah.
Troy Millings
And then use his own wallet. Solana, that hit an all time high, came back down. But when Melania dropped her coin, it was on Solana platform. So that. That makes Solana. Now, Solana is a coin that's actually not a meme coin.
Rashad Bilal
True.
Troy Millings
But Mike Novograss had talked about that two years ago on our platform. He talked about that a few months ago on our platform. And that. So that. So, okay, so this is affecting the overall crypto market outside of just the meme coin. But okay, bitcoin went to, I think 105, pulled back a little bit. 103 right now, hit an all time high. Yep. So the. The crypto industry is already starting to rally. We saw Rick Ross and Snoop perform at the crypto event. That was a crypto event.
Ian Dunlap
So yeah, I can sponsor.
Troy Millings
The crypto industry is already starting to rally. So with this. Okay, so now we gotta say, is incidents like this good or bad for crypto? In my opinion, this is actually bad for crypto because now you're making it more of a joke. Than anything. You're highlighting the dangers of it. And it's not something that you want to do. If you really want something to be certified as standard.
Rashad Bilal
Yeah.
Troy Millings
Is to do scams, for lack of a better word. Like you're doing a scam on day one. Not even day one yet. You're doing a scam before you even get in presidency. You run. You run a crypto scam to get $60 million real quick. That's not helpful. That can't be helpful for legitimate crypto projects or for the overall crypto community as a whole. But it's going to be a lot of that that's happening. So what, what is the pathway forward for cryptocurrency over these next 12 months?
Ian Dunlap
Ironically enough, I think after the proceeds and profits are taken from these two coins, I think David Sachs will have a important role. And I think he'll introduce some regulation to prevent others from being able to do this. Because actually, if we are in war and we're trying to cause a red wave throughout the entire world, I got to make regulations to stop competitors and those who can take my seat away. So I think that they are aware to blowback. I think they'll actually put some regulation in place, and then there'll be a coin. Now, the interesting part is, what if Elon comes out with a coin and it actually has utility? That's the part where I'm like, okay, great, yes, it was a money grab. We're not going to deny that. But with that council that he's built on crypto. And even when I was calling, like the BlackRock and Vanguard would be involved, I never thought it would get this far. Like all the decentralization and everything that crypto stood on two or three years ago, that is out of the window.
Rashad Bilal
All right, can we say that for two seconds, Ian? Because this is. This is important. As you're saying this and I'm looking at these numbers. Trump coin is trading. It's a number 24 coin on coin marketplace. 30 billion dollar market cap. Right. This is more than retail. This is not like you and I investing in this.
Ian Dunlap
Yeah.
Rashad Bilal
So from an institutional side, who is. How did. How is it getting to this number in three?
Ian Dunlap
What do you mean? Okay, we have a person in New York.
Rashad Bilal
Yeah.
Ian Dunlap
Who lived during a mob era who operates like a mob boss. It's very close. So them same institutions who donated. Hey, you know, we got inauguration on MLK Day. You better support my coin that. You know, I won't say who, but one of them CEOs have to go to Mar a Lago and apologize 25 times in front of his family or I'm going to put the Department of Justice on you and quote, unquote, up your life. Sorry to the parents, quote, unquote, journalistic integrity.
Rashad Bilal
So this is a couple of institutions for sure, that have to be sure. No, retail's not getting us to 30 billion.
Ian Dunlap
Oh, no, no.
Troy Millings
There's a lot of people, though. You gotta realize, you know, once they think, oh, the President of the United States has its own coin, it's gonna go to the moon, it's back, you know, it's backed by America. That's how people was thinking about it. Like, oh, this is the American coin. This is the president. Like, never been.
Guest Speaker
Sure.
Troy Millings
I'm with you, President.
Ian Dunlap
A lot of international buy into your point. Yeah.
Troy Millings
It's unprecedented territory. A president has never backed an investment before publicly, to my knowledge, ever in the history. Ever in the history of America. So this is the first time ever in the history of America that a president has publicly backed an investment with his name on it. Of course it's going to go up. How can it not go up?
Rashad Bilal
Like, I'm not, I, I don't argue that point. I'm just saying a lot to the level.
Troy Millings
I think it's a lot of retail.
Ian Dunlap
Investors, some small institutions has probably got drug in as a. If you want, if I may, crypto platform, I won't say one because I want to get them in trouble and I'm trying to make my way in. Because if you're on the outside of the circle, we all can agree you have higher probability of having volatility in your stock in these first 24 months. Maybe I will tell some of my buddies, say, you should take a look at this.
Rashad Bilal
Yeah. Because even from, from the standpoint of, like, this happened on a Saturday. Right. Like this. Trump coins happened on Saturday. For a retail investor to allocate that type of money, to move that through traditional banks to get it to. How many people would have to do that on the weekend for this valuation to run up to that level? It almost feels like that feels. Allegedly. Allegedly. Unless there's institutional backing that knew about it beforehand. That's what I'm saying.
Ian Dunlap
Allegedly.
Rashad Bilal
Allegedly. I don't want. No problem.
Troy Millings
That's.
Rashad Bilal
That's true.
Troy Millings
And it's worldwide.
Rashad Bilal
Yes.
Troy Millings
So you see people in Asia, you see people. Like in all, when the news breaks that Trump has a coin, the crypto community is going to rally behind it. Globally, it's 24 hours a day. Already, yes. So I mean, I don't think that that's out of the realm of possibility that retail investors push something because they've been waiting. GameStop, last time I really had a real, real run was during the pandemic. But so now they've been waiting for. For a moment, a meme coin moment to make, you know, but even that.
Ian Dunlap
Was influenced by the hedge funds.
Rashad Bilal
True. This is, that's the point I'm saying, right. Like even when I say in, in.
Ian Dunlap
I think both are right.
Rashad Bilal
Right. Like we experienced this in 2018 when we. Or 2017, late 2017, where we were trying to get to the bank to get money to now put into a. You know, that's what I'm saying. So like on a Saturday at 6 o'clock, that opportunity is not there. That money had to have been there.
Troy Millings
I'm saying you. What I'm saying is this.
Rashad Bilal
Yeah.
Troy Millings
If you're in the crypto world, you have money already. Well, you have already allocated like so you sell bitcoin, you got it. I don't think the mass majority of people is trying to put money into their account because people that are buying these coins are in the crypto world. The average person on Robinhood couldn't even get it. It wasn't on Robinhood, it wasn't on Coinbase. This isn't your average running the day, you know, weekend crypto investor. This is, this is the crypto. This is the district. This is the people that's actually in the space and they're in the space. You're not going to Chase bank to put 10,000. You already have the money in there.
Rashad Bilal
Yeah, I'm saying that. And that again, it's these. I think we're both saying similar things. The average person is not invested in crypto. Less than 5% of people have allocation in it. Right. And so that's a small percentage of the people who over. I mean obviously the overall population, but even more so that have that level of income to invest those amounts to see this run up. That's. That's awesome.
Ian Dunlap
Yeah, both of you are right. Institution caused the initial rise and then retail took it over the top and added social media flair to it and posting about it.
Troy Millings
But it was also a lot of wealthy people. Like I said, the people that make money on this is the people that's on the inside. So he's on the inside, obviously his children's on the inside. But it doesn't just stop there. He knows a lot of rich people. So if he. His whole. The Whole crypto. They threw a ball for him. Right. You don't think that those people knew about it? They.
Ian Dunlap
He's the allegedly who's the first platform deposition.
Rashad Bilal
I'm not sure who's the first platform that had it. We should look into that.
Troy Millings
But what I'm saying is that all. All the crypto world probably got the. They got the memo. Yo, this is about to happen. Make sure you, you know, get ready.
Rashad Bilal
Maybe even was at the book.
Ian Dunlap
Yeah. Mitchell Salado. Cool. It was some people in, in Houston like yo, what you think? There was some little rumblings going around. I agree.
Troy Millings
I'm just thinking as a whole crypto. I mean this, this says. This is. This is a telltale sign of what's going to happen in 2025. I think that's why I said before.
Ian Dunlap
Sure.
Troy Millings
I think Bitcoin is going to be the year of Bitcoin. And MicroStrategy is going to benefit from that for sure. That's a stock that's directly related to Bitcoin's volatility. And then I mean we saw Solana. See how that continues. Xrp. We haven't talked about XRP yet. That's not an all time high over three.
Rashad Bilal
Yep.
Troy Millings
So what?
Rashad Bilal
No finish that Ethereum.
Troy Millings
Still waiting for a breakout on Ethereum.
Ian Dunlap
But yeah, Ethereum has been quiet.
Rashad Bilal
Here's the interesting part, right. Like we saw all this happened during the weekend in the space. The market was closed today obviously for the holiday. Do you think the market looks like tomorrow when it opens now that the president has now been sworn in and.
Ian Dunlap
Obviously I think tech and oil are going to be on fire once again. I mean Stock City or Amazon's going to do well. Meta's going to do well after Mark Zuckerberg is get cussed out by Priscilla. Mark, keep your eyes on your own paper.
Rashad Bilal
Smiling too much, man. Stop.
Troy Millings
Stop smiling.
Ian Dunlap
No leche on the 21st. You know what I mean? Oil will go up. But. But I think we're seeing it. We're seeing like a. I've never in an inauguration seen so many tech CEOs prominent and displayed it was whatever they gave them it was worth the investment. Just from the press alone but knowing and something that you guys have both, both brought up the number of government contracts that they're getting on the back end that I don't think the public is talking about yet. The next four years in terms of profits are locked in for them.
Troy Millings
I mean you gotta think that the three richest people was in attendance sitting next to each other.
Ian Dunlap
Yes, Right.
Rashad Bilal
Yep, yep.
Troy Millings
You had Elon Musk, you had Jeff Bezos, you had Mark Zuckerberg sitting next to each other. Then you had Tim Cook was there, Sam Altman was there.
Ian Dunlap
Yeah, Sam was there.
Troy Millings
I mean, Google. Yeah, yep. So Sundar, everybody has to pay homage to him. And this next four years is going to be the wild, wild west. But if you are entrepreneur for sure, at the highest level possible, of course you're going to benefit from it. And it's going to be deregulation, it's going to be open markets. This is a. This whole crypto thing is a precursor to what's going to happen.
Ian Dunlap
Absolutely.
Troy Millings
It's going to be so much deregulation, it's going to be astonishing. So that's going to be good for crypto, but that's also going to be good for financial companies, the banking sector. You got to think that they would like deregulation for sure. And like you said, tech, big tech for sure. Yeah. All these antitrust lawsuits that, that Google has had, and they just hit Elon Musk with a lawsuit before, before the administration left another one. He's been having lawsuits forever. They. Mark Zuckerberg lived in front of Congress at one point in time. He's up in Congress every day. So all of these privacy, data breaches and all of this stuff, like Elizabeth Warren has been champion since the beginning. You gotta think that as long as the Democrats have. Have a minority and the Republicans hold the House, the Senate, the presidency and the Supreme Court, that's important too, because when these things go to the actual judicial system, you know they're gonna win, they're gonna win the courts. So you gotta think lobbying too. This is going to be great for bitcoin. This is going to be great for crypto. This is going to be great for big tech.
Rashad Bilal
Oil, energy.
Troy Millings
Energy.
Ian Dunlap
Yeah.
Troy Millings
Military, defense.
Rashad Bilal
Yeah, all the above. Y'all left. Y'all left out two CEOs. We had Dara from Uber, who was in attendance, a short shot the door. And we had Zing Chow for Zing Cho from Tick Tock.
Troy Millings
The Tick Tock.
Ian Dunlap
Oh, man.
Rashad Bilal
How happy you think he was to be in attendance?
Troy Millings
Hit the like button.
Ian Dunlap
Incredible. Like, I grew up a wrestling fan. So when they'd be like, yo, Hulk Hogan won't be at WrestleMania 3. And you happen like, this was a work from the beginning. Surprise guests. This remind me, like, when I hurt my leg in Toronto, just like, Ian won't be here and then here y'all roll me out, you know what I mean?
Rashad Bilal
The guy who started the band, saved the band. Is that that.
Ian Dunlap
I mean, legendary. Sometimes. We talked about it in Houston. Sometimes you have to demonize an asset so you can take control of it and then monetize it.
Rashad Bilal
Yo, that's the caption right there, bro.
Troy Millings
That's a fact.
Rashad Bilal
That is the caption.
Troy Millings
I, I do want to talk about TikTok, but I want to wait for 19 keys to come on for that comment. That's an interesting conversation to have. But let's talk about. Okay, let's talk about some stocks, because I know people want to know how they can benefit, how they can. You know, we said this a million.
Ian Dunlap
Times, but they want Maga Money in 25.
Troy Millings
Yeah. What are the stocks? What are the stocks that's going to benefit from Trump's being in office?
Ian Dunlap
I mean, we saw them sit next to him. Meta for sure. Google for sure. Amazon's going to do incredibly well. Google will be in that B tier when OpenAI goes public. To the moon. Andro. To the moon. Nvidia. And even though they had their corfuffle, Tim Cook showed up. That tells you like that. That's why I said, I know Trump has to look at that and say, okay, yeah, you did donate to me, but I'm helping you make billions more. You highlighted this on Breakfast Club. Elon, of course, is obvious in Tesla for sure. But if I give you a hundred million and I make a hundred billion, that return is worth it. Trump is a businessman. I know at some point he has to think, what if I put them into my own etf because he is the catalyst for them going higher the next four years? So sometimes the obvious picks are right in front of your face. They were illustrated and got a lot of TV time. Even in the donation. I'm like, did they negotiate how much time and press they would get next to him? How much is tassel went up since he announced he would be to be assistant and one day we gotta have a conversation about. Elon's masterful plan of taking over the country is working.
Rashad Bilal
It's in line. It's in line. I'm gonna add a few more. I think Palantir plays a role from a standpoint of surveillance and government contracts. But we said this before, man. You can break it down into categories from a defense standpoint, and that's been huge. Protect the country, protect the borders. So Lockheed Martin, for sure, RTX is another one. When you look at the amount, we're talking about billions of dollars that have been allocated for them in contracting the financial Sector, which we just alluded to. I mean we saw what Goldman did when they reported last week.
Ian Dunlap
Yeah.
Rashad Bilal
Exactly. Jp Those would be my top two. Goldman and jp Then infrastructure, I think Caterpillar, I mean for sure it's primes, right? We already talked about the home crisis, the housing crisis. How do we. They're going to build more. Those are the type of companies you got to be looking at. Obviously the, the max sevens make a lot of sense, but start breaking it down by sectors that have extreme interest from the administration. Right, Those are them. I'll be interested to see what he does with the chip pack. I know that they said that they were going to repeal it. I doubt that they will. But pay attention to what they do with that. And energy, I mean we spoke about energy, we talked about vrt, we talked about Vista as well. These stocks aren't going anywhere. Administration approval. We cannot lose the race when it comes to artificial intelligence. How are we going to do it? We got to build data centers. We got to power those data centers. We have to have connectivity to those data centers. Those are all going to be in play.
Ian Dunlap
And Also watch the CEOs who are doing interviews that are speaking positively about how Trump will impact our economy. And they hated them four or eight years ago.
Troy Millings
Well, there hasn't been, there hasn't been one high profile CEO that has spoke out negatively about, negatively about Trump at all.
Ian Dunlap
And if I lived in the 1970s and live with next to John Gotti, I wouldn't say nothing bad about Gotti either.
Rashad Bilal
We gotta make it. We got to make it.
Ian Dunlap
You got to just see it through. Yeah, it's almost a while. It's a risk to the company until your tenure under leadership to do so right now because he has too much control right now to even have as an enemy.
Troy Millings
Okay, let's talk about Barons pick of the year. This stock of the year.
Ian Dunlap
They have some. Listen the point. And I love Barons, one of my favorite. But I want to highlight a lesson before we go through the picks now sometimes sticking with the thing that is working is much better than chasing something new. I've been watching this list for the last three or four years and when you go through the picks they have, there have been a lot of misses on here. I love all the analysts there. And stock picking is a tough game. Even the some of the greatest hedge fund managers don't always pick the best stocks. But the core lesson I want to illustrate here tonight, if you have a formula or a system that works, stick with it for at least A half decade there's no reason to rotate every six months or a year but some of the com Go ahead Troy yeah.
Rashad Bilal
Let'S run down a few of them if we can that let's start with the top man CPNG Coupang I've heard about this company maybe five years ago it reminded me or on paper was supposed to be I hate to say the Amazon of a region or but.
Ian Dunlap
That was a comparison that was being.
Rashad Bilal
Made I mean that was a fair comparison right we're talking about yeah online retail space they have it as one of their top 10 stocks of the year I what are your thoughts on.
Ian Dunlap
This man and PUL especially I just saw Jeff being buddy buddy and him and Lauren together looking happy next to Trump and right now China still is uninvestable for me until we talk about Trump and Ggping's new bromance for each other and how they gonna save the world together but most Chinese stocks like if I won't touch Alibaba I can't touch this one so no yeah Alibaba.
Rashad Bilal
Hasn'T recovered since that that whole Jack Ma situation and then they're deciding to split into six different companies and that didn't pass they just haven't really figured it out they have a firm on the list as well took a AFRM this is that buy now pay later that was huge in 20212022 obviously a stiff pullback what's your thoughts around the firm now?
Ian Dunlap
Haven't been the biggest fan of PayPal I would probably invest in PayPal before I would them if I can get it back at 13 bucks and if a stock isn't a great company if it's like 10 from its all time low I would take a look there but I wouldn't this probably wouldn't even make my top 20 not in the top 4 context when I'm talking about a stock can I buy it not worry about it for two or three years and know that it's going to give me a positive return without worrying about it it doesn't fit that classification.
Rashad Bilal
How about Philip Morris? This is the one that kind of gets left out when we're talking about the oil industry we always talk about Chevron we talk about Exxon what about Philip Morris? What's your thought around thoughts around it?
Ian Dunlap
It's too high I like it below 109 out of the list of companies that they picked it's probably the best of breed but just for like moral reasons I wouldn't want to touch it but it is a good stock if you're just looking without morality sub 109. I like it. And once again, you're probably the only stock in this list from Barons that is like a guaranteed win. It's too hot right now though.
Rashad Bilal
All right.
Ian Dunlap
But even if you look over the last five years.
Troy Millings
Yeah.
Ian Dunlap
It's only up 32 bucks.
Rashad Bilal
Yeah. I mean it's just, it's a common theme with the ones that they've picked. I'm just like, they've had horrible. Not even like bad. They've had like really horrible misses misses on the past two to three years. Maybe they're picking them on the idea that this is the rebound or the economy is changing with a new administration. So here is like dart at the wall. Yeah. But yeah, that commenting is there. Let's, let's talk about Laz lazard.
Ian Dunlap
Very rocky 2005. I got to hire 54. 2013, it got to 55. 27, it got to 51. It's currently at 51. Don't love it. And here's the thing that. Please write this in chat. You only need four or five great stocks sometimes. Like, okay, there's a reason when you guys do investors every year, right. You don't do another festival because the one you're doing is working. Like can you guys stress the importance? Like once you have, and I tell entrepreneurs this all the time, once you have something that's working, the next investment should be more capital into the thing that's working. Not well. How can I make a invest fest for only fan models the cap acts on? That is not going to be what you think it is. The return like no stick put in chat. I will stick in 25 with what's working. So Lazard. No, it's a good trade. If it gets back down to 34, I wouldn't mind taking a shot at it on a swing trade. But I wouldn't give it as a good long term investment. Invest festival only fans coming next January. Blackout edition.
Rashad Bilal
Blackout fast. Yeah, you know, let's do one more ticker. SJM, J.M. smucker Company. Yes, that Smucker Company. Your jelly, your peanut butter, all that you're talking about over the past five years. Five years ago they were trading at $102. Today they are trading at $102. There's been some ups and downs obviously within that, but this is, I mean, huh.
Ian Dunlap
Yeah. And especially with RFK being in office and which I do like him combating some of the obesity issues in food companies. It Wouldn't be the right time to invest in a company like this. Shout out to the food babe who's pushed that issue to get red dyed number three. Yeah.
Troy Millings
Ban.
Ian Dunlap
So that's an effect. But no, no. So okay, I know sometimes we have a desire to want more, but more isn't the answer you want best. There's not another open AI. There's not another Nvidia. Lockheed is solid when Android becomes public to the moon. Unless you were insider with Trump. Trump coins not the move. So I thought y'all just was in love with Quantum Switch. I don't take you. No, because you fell off. Oh, y'all give a about Quantum or. And next week is gonna be something else. Okay.
Rashad Bilal
The first thing when people talk about quantum and I know that's one of the things you look at, especially when evaluating a company is like go look at the profit Martian, please.
Ian Dunlap
The amount of money shouldn't have a negative profit margin. If you can crack every password on Earth, how much you made no money.
Rashad Bilal
What like negative negative. Deep in the negative.
Ian Dunlap
72.
Rashad Bilal
Like what?
Ian Dunlap
Well, they have to build the solar panels in Arizona. Okay.
Rashad Bilal
Okay. We just never. Profitability is likely though.
Ian Dunlap
Yeah, not good.
Troy Millings
So let's take a question from the audience. What are your thoughts on 2x leverage ETFs? If you're young investor with at least 20 years left to buy and hold.
Ian Dunlap
Trading has considerable risk, please consult your advisor. I think they are good. If you have your core down, your core four or five stocks and you have a separate account for riskier investments, I would not put it in the main account. I would not make this a main investment. And if we're going to be honest, a lot of those levered ETFs are not given the same gains as Nvidia or Tesla or some stocks that may be pricier or Lily the last three or four years. I remember one SVXY a few years ago, maybe eight years ago, same was incredibly popular. And then it went From I think 200 bucks to 18 bucks and maybe a month. You have to be very careful. These have a lot more risk associated with them. And I get it. Maybe in 2009, 2015, you needed those. But you can't tell me that a lever ETF is a better investment than Bitcoin. On a slow year, Bitcoin may give you 72%. So in high returns, you still want low volatility. You got to be very careful. So for all of you who are trying to do it off MicroStrategy or Nvidia, don't do it out of your main account. You can just make more money off of the main one. What do you guys think?
Rashad Bilal
I think wise words from a decent man. I always tell people that it's like we try to get as much money as quick as possible, but sometimes we got to educate ourselves and really be disciplined this way. Like, this is the plan. Let's have our core right. Like, most people are still trying to figure out what an ETF is. Start there. Let's figure out which ones are great. Let's figure out which companies are great that sit inside these ETFs when we start. Hey, I heard that this new way to do this, it gets tricky and people are going to lose money doing it. So create a plan that's stable and, yep, be disciplined with that. And then after you've educated yourself in it, maybe try to test the waters. But jumping into this right away, you.
Ian Dunlap
Gotta listen to me. Pelosi, Google, Amazon, Nvidia, vstm. You don't have to believe me. Believe her and her husband. She hadn't put no money in them lever ETFs. Not one, not one dollar out of 35 million her and her husband put into the market running Follow the money. Did he invented the remix. Not y'all.
Troy Millings
Yeah, that's a fact.
Ian Dunlap
May be out soon.
Troy Millings
Might be, might be. If not, he might be on four years.
Ian Dunlap
Take that.
Troy Millings
If you know, you know.
Ian Dunlap
Yep.
Troy Millings
If you know, I don't know.
Ian Dunlap
You've been making some calls. I don't know, I don't know.
Rashad Bilal
I don't know, y'all.
Troy Millings
If you know, you know. Everything's for sale. Okay, let's bring our guest up.
Rashad Bilal
Oh, man, here we go.
Guest Speaker
Yo, peace to the family. Peace to the family, man.
Ian Dunlap
Brother, how you doing?
Rashad Bilal
What's good, my brother?
Guest Speaker
How y'all doing, man? It feels good to be back here.
Rashad Bilal
I like what's going on here, man.
Guest Speaker
Oh, yeah, man. We had a few upgrades since the last time I was on market Mondays.
Ian Dunlap
You shouldn't 12K. Now I see.
Rashad Bilal
I see it, man. I'm almost. It almost looked like this is artificial intelligence, but this is really him in the flesh.
Guest Speaker
This is natural intelligence.
Ian Dunlap
That's a bar.
Troy Millings
Oh, man. Welcome back, man.
Guest Speaker
First and foremost, what a day, what a day, what a day, man. How we feeling today?
Rashad Bilal
Feeling glorious, man.
Ian Dunlap
Feeling good, man.
Troy Millings
Blessings and opportunities. So first off, I want to talk about Tick Tock. Let's start at Tick Tock, right? So Tick Tock CEO was at the inauguration today, and you know, me and you spoke offline And I was just saying that the way that Trump has been putting these plays together is actually pretty legendary. Right. So he champions the band for Tick Tock four years ago and then Biden picks that up and the Democrats and the Republicans all pick it up and it builds steam for years. And as he's running for president, he's saying that, okay, I'm gonna reverse this if it actually happens. And he builds a lot of momentum with the Tick Tockers young people. And behind the scenes, he's working. So Biden plays right along with the, the, the play and actually enacts the ban that happens on Sunday was that.
Rashad Bilal
The Supreme Court did well, he pushed.
Troy Millings
That all the way through. And 24 hours later, Tik Tok was back, if you have the app. And from what I heard, Trump was already working on this with the president of China and the CEO of Tick Tock and some of his wealthy friends where they're going to announce a 50, 50 JV deal.
Ian Dunlap
Yeah.
Troy Millings
Where it's going to be 50 U. S ownership. 50 Chinese ownership.
Ian Dunlap
I think you break the news for a lot of people, by the way.
Rashad Bilal
Yeah, yeah. Because the, the part of it being back was it's a 90 day trial in order for it to have U. S ownership. 50. So that part that you're saying, yeah.
Troy Millings
The 5050 JV deal. And so now, long story short, Trump brings it back. He's a hero. All of the young Tick Tockers because people was calling 911 because they was having, that's crazy mental health emergency. So Trump once again, Trump that that's one of the rules of marketing, right? Create a, create a crisis to solve a crisis and then market yourself as.
Rashad Bilal
As the savior and put your name in the press release.
Troy Millings
Well, he's done this a few times. The checks, the stimulus checks, because he had to put his name on in checks. And psychologically to this day, people equate that with him saving the economy. And then when I logged on Tick Tock personally yesterday, what I saw was thanks to President Trump's efforts, Tick Tock is back. I'm pretty sure he told them that that has to be in that. And every single person that has Tick Tock saw that. So, okay, keys, what's the deal with the TikTok situation?
Guest Speaker
I mean, this was obviously a manufactured play for power, right. Donald Trump knows how to line up wins, and he seems to be somebody who's had a really good strategy from the beginning. First of all, you got to look at TikTok, right. And look at America, right? America is not creating enough jobs. According to the WEF report, 85 million jobs will be displaced due to automation, right? And productivity is at an all time low. So human capital in the US is at an all time low. Not only that, there's wage suppression. People don't want to get jobs. They don't want to work the jobs that people actually need. And you got robotics, you got automation, you got artificial intelligence, and you got alien immigrants. The younger generation are the largest size, the Gen Z. They represent somewhere around 45 to 50% of tick tock right now. With America not being able to create jobs for that generation, Even though the WEF report also said that 97 million new jobs will be created. Created, they have to say, because they're going to be generated by the young minds, those who know how to take advantage of AI automation. The new era and the new shift of the world that's coming. The question becomes, can America even afford to get rid of Tik Tok? To me, the answer was always no. I've been saying this from the beginning. They're going to have to work something out because Tick Tock became the American dream for the younger generation, right? They seen the opportunity where creativity meets opportunity, to where they can jump on a platform and they can figure out how to make a living, right? To where the average person could become a superstar. We've seen that with Keith Lee, right? He was able to help countless and countless of businesses and become a worldwide superstar, all off of Tick Tock, right? So therefore the younger generation has been completely dependent upon this Chinese software, an algorithm that they created, because Tick Tock has created the best algorithm out of all platforms by far, which is why there was no viable replacement for Tick Tock. So of course, Donald Trump wants to manufacture his wins, so that's why they had to have this dramatic one day close, so that the reopening, you know what I'm saying, can all be on his back.
Rashad Bilal
The grand opening, grand closing play, it was, it was well played out. But speaking of who was going to, you know, benefit from it, the early thoughts was obviously Meta is going to play a big role in it. And we saw some of these apps, most of them Chinese, right? We biked in, they tried to ban TikTok, most of the Chinese apps started replacing it. And the Chinese apps, that's what I want to go to, right? Even with the, the idea of being TikTok, that security, the data play, it still led to Chinese companies and Chinese apps still being the top four or five inside It So what are your thoughts around the hoopla of like, hey, and it was people with champion, like we don't care if they have our data. What's your thoughts around that?
Guest Speaker
Well, number one, we live in globalism. Yeah. I mean like the borders have now changed. Like children all around the world are connecting with each other. So the younger generation don't just see in nationalism, they don't just see themselves in America.
19 Keys
Right.
Guest Speaker
They see themselves, number one in the digital age on the Internet, right. To where they interact with all different ethnicity, races and groups of people. So the globalist mind of the younger generation is different than the nationalist mind of the boomer generation. So for them, they don't care where it comes from as long as they have the ability to be able to use it. You got apps like High Pick. Of course the number one was Cap Cut because everybody utilizes that for their editing.
19 Keys
Right.
Guest Speaker
But China seems to have some of the best software and technology when it comes for the younger generation wanting to be able to use it. So essentially if they do got our data, they listening to what our needs are and then they creating the type of applications that we actually want to use. Where a lot of American companies we see them are slow to innovate.
19 Keys
Right.
Guest Speaker
The things that we ask them to create, they never create. So China comes in and say, well, hey, this is what our app does. You want something with a better algorithm, you want some more popular, you want something with the best editing features that you can get that infuses AI into it that allow you to be able to create more. They generated a whole entire ecosystem and IT are the, it is the best tool. So I think American companies need to pay attention to that because the younger generation does not have loyalty to American companies. They're going to west best in class.
Rashad Bilal
Can I just ask a follow up really quickly?
Ian Dunlap
Of course, go ahead.
Rashad Bilal
You brought up Cap Cut and interesting. That gets shut down. But then the next day this company called Meta has a alternative version. We see Zuckerberg at the inauguration. We already know he's pledged allegiance to Trump. How much collusion is happening here in between these two?
Ian Dunlap
Allegedly, Allegedly.
Guest Speaker
All of the alleged collusion that can happen is happening at the highest level you could possibly allegedly collude. They colluded. But I want to say with Meta, they slow again to innovate. They should have been had an app ready to roll out.
19 Keys
Right?
Guest Speaker
We've been hearing about this for months and months and months. So why would they be talking about announcing something that would release in weeks when it's not a better alternative, viable option for people who just want to use Cap Cut.
19 Keys
Right.
Guest Speaker
If they really wanted to be competitive, then they would have created the app already. But that goes into this whole thing. Right back to globalism. People are going to go what's best for them if they have access to it. They don't have any sense of loyalty to Meta or any other American company. But I already know on the back end, Donald Trump has now solidified control over all social media platforms. Absolutely. The last one that he needed.
19 Keys
Right.
Guest Speaker
Everybody was there at the inauguration to kiss the ring and they did this inauguration raised the most money. Something around what they say, 200 million or something like that, more than any other inauguration in history. Everybody has to come and pay their dues. So this is not a new playbook. So this, if you study history, then this playbook has happened before in somebody else's regime to where you get all dissenting voices, any powers that can possibly be against you, you get them in check and under control. So that's going to completely get out all of this left wing, right and radical left ring thought process. That's why he's directly went for the gender play and that's why Zuckerberg told him awesome. He want to have corporate masculinity, whatever that means. But I think that was a shot of him taking it at Steve Jobs and open AI because Tim Cook.
Troy Millings
That's definitely, that's interesting that you said because obviously, well, if people may not know Tim Cook is, is, is gay. So it's interesting that Mark Zuckerberg kicked Donald Trump off of Instagram four years ago.
Ian Dunlap
Yeah.
Troy Millings
So now when he went to go mar a lago, Donald Trump said if, if I wasn't president, would you be here? And they laughed. So what and how I'm looking at this is that when somebody wants to join a gang, you, you make them prove their loyalty. Tim Cook is the only. Tim Cook is the only CEO that has not dropped the DEI program major like Fortune 10 CEO that has not dropped the DOI program. Right.
Guest Speaker
I think his husband go let him.
Troy Millings
And he's been slow to. He's been slow to. He went to the inauguration, but I don't think Apple actually donated like all the other people. So it's interesting that Mark Zuckerberg dropped to the goes on Joe Rogan calls out Apple by name and then makes a comment like we need more masculinity and CEO. Well, 90 of CEOs are white men. So what do you mean by you need more masculinity? Is this a target at Tim Cook?
Ian Dunlap
Yep.
Troy Millings
Without being perceived as homophobic. Right. Is, is that, is that the line that. Is that the closest line that he could walk being sent from right wing conservative to say, look, we need you to put this message out there on a platform that's the biggest platform in the world, directly targeted to somebody in a. Is that, is that what we're seeing? Because that's, that's pretty astonishing if that's what we're seeing.
Guest Speaker
I mean, look at it. When they say DEI, they 100 mean LGBT as well, right? Because a lot of the left wing push, right, from the Democrats was heavy on the trans movement, the LGBT movement, the new genders movement. So a lot of that is what they did not like. They wanted to push back. And what they see as the red shift, right, Is this shift to more masculine and conservative values, right? You see in Christian nationalism, you see more Christian values being pushed and things of that nature. So they look at this as a battle between left and right. And one of those definitely goes into the LGBT or not, right? And Donald Trump doing the direct push against the genders was smack in the face to them because they was them and they was him and her and she and it and I and a bunch of other different genders. And he said, no, it's just him and her. You know what I'm talking about? And the whole thing with Mark Zuckerberg is, yeah, it was a smart play on words. So if you got 90 of this top CEOs as men and there's no way that he's going to outwardly just say we need some more straight masculine men. But that's what he was saying when he said that. And Mark Zuckerberg has becoming, image wise, based on his PR over the last year, more masculine, you feel me? He got into the bro circle. He been learning jiu jitsu, he been wakeboarding, you feel me? He been stepping up his image in his campaign. He didn't got the curls in the gold chain. He outside with it. You know what I'm talking about? He might be getting.
Rashad Bilal
Don't forget the T pain moment.
Guest Speaker
Oh yeah. He'll talk about like he trying to he. But also Mark Zuckerberg is a body that he'll go with whatever the tie comes in, you feel me? I think that he's. He want to make sure that his company survives. But when I look at Apple, I think Tim Cook and Apple in a different type of position because they don't have direct competition where Meta has direct competition with Tick tock. So we want to swing favors in their way, then that's going to mess up your business. But what can they do to Apple if there is an Apple has a monopoly and there's nobody that can replace the hardware that Apple has or yet to replace the monopoly that Apple has.
Ian Dunlap
Over the App Store ecosystem. Yeah. I have a question for you. I think as a culture we missed a moment to elevate one of our brightest stars. What do you think has to be done in order for the culture to gravitate towards a black owned social media platform? Since we online care about culture so much?
Guest Speaker
I think this is an interesting question. I think number one, I don't believe it's going to happen because it's black owned. I think it's going to happen based on utility. I think that if you look at the landscape right now on social media, right, Especially black people, right, they're serving their own interests. I've sat down with people that own applications and I told them you should focus on utility so that people are utilizing your actual service for a particular reason. Because I don't believe that people are ever going to migrate just because it's black owned. And if they do, right, that's still going to be a smaller percentage. Because if we look at black America, it's we the most non monolithic people, right, of all time, right? There's a lot of people on the Trump side, there's a lot of people on the other side that we are broken up in all different reasons and ways, like the way people is getting mad at Snoop. But the reality of it is you can't hold people accountable if there is no collective shared values that we agree to, there is no standard that we agree to, there is no culture that we say this is what we're going to do, this is what we're not going to do. And beyond momentary emotional backlash that only lasts one week, that's not enough because there's no enforceable consequence towards that action of so calledly going against the culture, but then also being for the culture, right. I think that if you're going to create an application, right, it can definitely be black owned. But I think that if we learn from the past, then we know that that's not a way to get something to go viral. We jumped into all of these particular applications for the same tokenization system of understanding the behavior of people, of exclusivity, of utility, right. Of classism, of all of these different things, of why we're going to utilize the application. But beyond That I don't see these apps being able to beat out some of these top ones because I don't see the unity there. And quite frankly, I'm not sure if we want to unify at this point.
Ian Dunlap
Right.
Guest Speaker
I think we have to have a questioning of black America because you have the Divine nine, you have the Black Caucus, you have the Black Church, you have the noi.
19 Keys
Right.
Guest Speaker
You have the, the, the black journalists, you have all of them. If we want to change black America, we have come together at a roundtable and have a discussion about it. But that's not happening. And why is that not happening?
19 Keys
Right.
Guest Speaker
So obviously we all have different agendas. And if we ever want to change black America, you don't scapegoat it to an influence or celebrity. You go to leadership that have the most resources, the most network and say, why the hell aren't y'all having conversations about our future that we can get behind so that we can actually move forward? So therefore, I think that we need to have a draining of the swamp as well.
19 Keys
Right.
Guest Speaker
I don't believe the NAACP represents the image of black America. I don't believe that whatsoever. I believe these are gatekeeping organizations. And if we want to have true unity, then you have to force those CEOs, force those presidents to those organizations to come to the table. And if they don't, then those are the ones that we oust.
19 Keys
Right.
Guest Speaker
Because without that roundtable discussion, then there is no code, there is no accountability, there is no agenda.
Troy Millings
So this is a, this is a discussion for anybody that wants to chime in. But Tick Tock, obviously this was actually good marketing for them. Right. Billions of dollars are probably free marketing impression people, you know, emotions. But you don't miss something until, until it's gone. So I think that this is going to be beneficial for Tick Tock and I think that it's going to be harmful for Meta. It doesn't help Meta. Right. So the question is, how harmful will this be for Meta stock company? I mean, I don't think they're going to collapse, obviously. I think they're still going to be good. But yeah, this is something that's not beneficial for Meta because it only solidifies Tick Tock's position if they get this 5050 joint venture now they got American interest. So it's, it's definitely, it's not going anywhere. Right. It's. This flag is planted. They have the young generation. The good thing with Meta is that they got like our democratic ecosystem.
Ian Dunlap
Yeah.
Troy Millings
The 25 to all Facebook goes all the way up to 70, so like 25 to 70 Instagram and, and Facebook, they have that, but the 25 down, like the 12 to 25 TikTok has that. So how, how badly does this hurt Meta and what does this mean for Meta?
Guest Speaker
I don't think it was good at all for Meta. I think that I, I wasn't even looking at Meta for growth, particularly in the social media world. I was looking at what hardware that they was going to be putting out and I believe that that's where they have the biggest opportunity. Like these glasses I put on have a display in them. You can't tell but I can keep notes in them and I can change features up and it has ar. I believe that Meta need to continue the innovation on the hardware front and I believe that they can win because their challenge to Apple and hardware I think has been solid. The way Mark Zuckerberg been calling them out talking about their prices are too expensive and then right after that he comes up with something that he is essentially positioning as the peoples, right, hey, this is something affordable, right? Ours work better. Let's use this. Because he's basically saying that these guys are the luxury brand and they're over charging you. Like when everybody had the headsets and I bought a headset and they went nowhere. Right. I thought Apple would have had a better rollout and a better plan and better follow up and then nothing. And seeing all this new technology, you are asking like where the hell is Apple? As all this new technology is popping out. Because there to me has the best branding position to be the innovators of the future. But they just sitting back collecting their money on their fees on additional things that they selling you to coincide what you already have. I know my brother always talks about, Ian talks about it getting into health and I know they're looking at other things, but I think they should not drop that front thing that they have, which is innovation.
19 Keys
Right.
Guest Speaker
And I think they going too far away from the Steve Jobs era and too deep into the Steve, into the Tim Cook era.
Ian Dunlap
Yeah.
Guest Speaker
People are like, okay, I get it y'all, right. And off of your reputation, but you're not making anything reputable.
Rashad Bilal
Yeah, I, I think obviously the tick tock situation doesn't, doesn't help matter, right? When you talk about brand loyalty, it's something that we've seen with a company like Apple. And I mean just based on this weekend that loyalty has grown that they.
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Rashad Bilal
Additional terms apply. Usership has gone up over 60% over the past four years. I mean the demographic is is in numbers are increasing for TikTok. I think meta has a unique position. I that was part of the messaging yesterday. We would like going back and forth in tech text. It was like, yeah, it's one thing to save Tik Tok, but the other part of the messaging is that how many millions of jobs were saved, right, because people are making careers. Right. Businesses are being saved by it being here. I think Meta has other streams of revenue and other avenues that they're paying attention to. So yes, Tik Tok is on the forefront but we spoke about a few weeks ago on that. That connectivity play that they have. Obviously billing channeling around Africa, around India. There's a bigger mission that they have. Yes, this is important but the mission of making sure that more people have connectivity which it will help them directly but would also help other, other platforms as well. They're going to make money off of that. I think that's, that's their, their big term vision. Obviously the Oculus when they, when, when the Vision Pro came out, you were right. Look, I had it, you had it. Great invention. They kind of let it stand. They haven't updated anything for it. Oculus is still something that relatively, I mean more, way more affordable but easy to use and it's still being in use. That piece is, is there when it comes to Apple, the Tik Tok thing is obviously from a social media standpoint, but bigger revenues. WhatsApp connectivity throughout, I shouldn't say underdeveloped, but areas and regions that they haven't capitalized on. Right. And it's there for the taking. I think that's what kind of their focus has been and rightfully so. Right. If they have that connectivity on land, obviously we know what Elon's doing with the, the satellites in space. Somebody has to get inside that space. They're primed to do. It hurts from a social media standpoint long term. I see them having a huge run in the next five years.
Ian Dunlap
I think it hurts Meta for sure.
Guest Speaker
I wanted to. Yeah, question about Nvidia supercomputers that they announced with the petaflop, right. And not anytime recent but $3000 so called supercomputer where people have a petaflop worth of, you know, power and speed at their hands and you have an app like or application, a defi like Mastodon which is essentially multi service that people can jump in and out, right? Where you can jump into what rules and what algorithm. It's like each person having their own state and you deciding which one you want to stay in to live which could also represent the future. The problem is like web3 is late to the party when everybody was talking about it should be now of the actual application of it, but we haven't seen that. But my question comes in when you see in the future when more people are going to essentially have like their own server farms, right and petaflops and petabytes in computers at their house, do you see it to where social media platforms themselves will be in trouble? Because if you could host a billion users yourself, right? Do you see like somebody like Mr. Beast having everybody his platform or Kai Sonat having everybody on his platform, right? And then in that they own their own currency, they're able to host it. There are no glitches, there are no problems. Do you see that as a vibe?
Ian Dunlap
That's a good question. If this was 2018, I will say yes. What 2021 and 22 taught me is nobody gives a damn about decentralization. They took Bitcoin, they took XRP and Ethereum and rolled into the White House off of it. The whole movement that Sachs put together was a really underground movement and they made it maga. Most people, and I'm we all are entrepreneurs. Most people don't care about independence. They want enough to get by or enough to thrive. And I think the idea is noble and I think it is like I said, if it was 10 years ago, even six years ago, yes. But once I saw BlackRock come in and take over Bitcoin, the AI space get taken over the crypto space. Everything that crypto is for now was anti that in 2022, a hundred percent, hell no, it would never happen. And the crazy part is the companies are selling you on short term like independence and but long term giving you the stability of a big institution. I'm even seeing people in crypto now are happy that BlackRock is getting involved when that was the sign of XRP and why XRP was not supposed to be that valuable because it went against the ethos of what crypto was. So no, five years ago I would have believed that idea. But I think there's no way in hell that happens or it's even allowed to happen. Even with Mr. Beast I had a theory about what he wanted to do but Amazon gave him a big enough bag to say stay here. I think Kai re up and he'll get another bag once. Most people are not willing to stand on morals and fight for themselves and they're willing to take these deals. There'll never be anyone who's able to topple the system. And if Rashad always. Nobody bigger than the program. Like people are so easy to buy. Like the crypto movement got corrupted by maga. Yeah, never will happen.
Guest Speaker
Agree with that.
Troy Millings
I'll say this too about the Tick Tock. It's interesting because we haven't heard about Cap Cut coming back yet. So yeah, no, Tick Tock's coming back, but nobody has this. Cap. Cap Cut is still video editing program that's very popular and Meta rolls out their video editing program. So maybe that was part of the situation. Mark Zuckerberg, so, but yeah, like I said, Matt, I've always been bullish on Meta. I think Meta is going to do well. But I think that they, they do have a problem because they're not skewing young. And once you stop skewing young, you don't start skewing young. I don't think they'll ever skew young ever. That's going to be a long term problem. Not a problem right now, but that's, that's a long term problem for Meta for sure. As far as their core product which is having billions of people on their platform collecting data. That's still their core product. And, but you know, Mark Zuckerberg has a unique ability to go in any direction that the wind blows them. And he, he, like I said, he kicked Trump, he's excessive. He kicked Trump off of the platform last time. He, he went ultra liberal with all of these DEI programs and the, the black thing that they had. And Meta was he, he was ultra left wing when that was in style. And now he's ultra, right now he's ultra right wing where he got rid of the flag, he got rid of DI program. He's going on Joe Rogan. He's talking about we need more masculine energy. American Flag donating a million dollars to, to Trump's inauguration off the rip. So he's going to play the political game the best way that he possibly can, which is going to be helpful to his, to his company until a politician just has enough of it and says no, not here's the interesting proposition.
Rashad Bilal
As we're speaking about it. And I know we brought up Mr. Beast because he's one of these people that said I'm willing to buy it. Which is true. Right. We got a 50. Ownership is something that they have 90 days to kind of figure out. We saw Zuckerberg miss the first time. What are your thoughts about him coming back around and saying I'm interested in that 50?
Troy Millings
Well, from what I've Heard this, this. The group was already set and Kevin O'Leary is a part of it.
Rashad Bilal
Okay. He, he open a huge bag.
Troy Millings
Who?
Rashad Bilal
Kevin O'Leary.
Troy Millings
Kevin Larry's part of it.
Rashad Bilal
I'm saying that.
Troy Millings
No, no, no. He did.
Ian Dunlap
Yeah, he offered, but that was, let's be honest, that was press like somebody else who always saying that.
Guest Speaker
Yeah, yeah.
Rashad Bilal
20 billion in cash. Something crazy.
Troy Millings
Frank McCourt. You should Google that guy. Frank McCourt. So there's a few. Yeah. Trump's putting his play together and he. And it's under his director, from what I've been told. And he's going to get credit, he's going to get complete credit for putting it together.
Rashad Bilal
The US Group.
Troy Millings
Yeah. And Mark Zuckerberg is not part of the US Group. But I will say this. Tick Tock. The reason, another, the reason why everybody wants Tick Tock is like Key said, but I think we need to really figure this thing out, like for the audience is that they have the best algorithm. They have a better algorithm.
Rashad Bilal
Yeah.
Troy Millings
This is. So that's something that's extremely impressive. They have a better algorithm. Their data is valuable. Of course, the algorithm is more valuable. People will buy Tick Tock just for the algorithm.
Rashad Bilal
Yeah. I think they said within three seconds of your eye recognition, it has already figured out what your likes are and cannot dictate to you what to show you.
Ian Dunlap
Yeah.
Guest Speaker
Tick Tock. Tick Tock steers narratives better than other platforms, especially in young people. Right. So when they want to control the narrative about a war or something, Tick Tock has its own narrative.
19 Keys
Right.
Guest Speaker
And its own voices, which is why people go to Tick Tock because they want to say what they want to say. The younger generation look at that as their place where they go to learn and they go get news from. If you have been controlling the news for the last 100 years and then there's a platform in your country that is giving young people news. That's a big problem for you.
19 Keys
Right.
Ian Dunlap
Or people watching that than all the other news broadcast combined.
Guest Speaker
And now you got to respond based on what's being said on Tick Tock versus controlling the narrative on Tick Tock. So now your psyops is not as. Yeah, I mean, effective anymore. So yes, you got to look at the full ingredients. Controlling young minds is the most important thing in any country, number one.
Ian Dunlap
Yeah.
19 Keys
Right.
Guest Speaker
It is the biggest threat to any regime, any corporation, any government. If you don't have control over what the young minds think, then that's a problem.
19 Keys
Right.
Guest Speaker
There's a. There is A dumbing down of society going on for sure. When I go on Tick Tock, people be wilding. I don't know what they'd be on there doing. They'd be making faces for a couple of cents. They'd be wild. There is Tick Tock knowledge on there. There's some things that you can learn that you won't see in other places. That level of exposure, I don't think people think about the way Tick Tock is changing the younger generation, the Gen Z, the Alpha, all of them. That's going to come, right? And then you got beta that's being born. You got about nine years of that first nine years to control that generation, right. And decide what they're seeing. But these are the parents of those babies, right? And so controlling that younger generation, I think is the biggest fight for the future. Especially with Tick Tock connects all of these different people, their viewpoints on politics, their viewpoints on identity, their viewpoints on self, culture, spirituality, all of these things are being generated on Tick Tock. They're much easier to, I would say like something like YouTube with, you know, where you can control the algorithm a lot better.
19 Keys
Right?
Guest Speaker
They have a network of voices that can easily push each other on each other platform and control that algorithm much better. Tick Tock, not so much Tick Tock, you'll get goddamn soon as you start doing it, somebody gonna start revealing the secrets of what you got going on and exposing you.
Troy Millings
But it's also, it's also the most censored platform, which is interesting. You can't even curse on Tick Tock. And even sometimes you don't even curse and they still censor your content.
Guest Speaker
So it's the most censored person on Tick Tock.
Troy Millings
Not when, when I see like you can't say the N word. You can't say a lot of stuff that you can say on Twitter and, and Instagram. And with the thing with Zuckerberg, another thing that he did was so going back to. He goes in any direction. He folded under pressure when Covet happened and he started that fact checking thing, which was completely bogus. And then the first initiative that he has before Trump gets into office is that he got, he gets rid of the fact checking thing. So he's getting the, the, he's under the gun. He's under the gun. Crazy.
Rashad Bilal
Yeah, crazy. I want to stay with you for a sec because you brought up, when I was talking about the connectivity, I brought up the continent, right. And so if we think about the youngest minds on the planet, where they exist. Right. And so that that race for who is the platform that touches the continent where we have over 1.6 billion people, I think what would we say 70 of the population under the age of 18? Look at 19. You look at another place or region, India, where we have 2 billion people. Again, connectivity to that population. If Meta is creating the connectivity, then you would think, right, that they would be aligned to now have their platform be the number one source of information as a media platform. What's your thoughts around that?
Guest Speaker
Well, that's interesting because you know he built that big old W over there, right? Try and get it. When you think about the amount of people who don't have fast Internet is actually mind blowing, right. It's still broadband deserts in America, which is mind blowing.
19 Keys
Right.
Guest Speaker
So you got it from the water courts for which is where most of the Internet is flowing. And then where the spots art is where Elon says that he's not directly competing, he's posing it as I'm just giving it to people who don't have it. So don't look at me as competition.
19 Keys
Right.
Guest Speaker
But eventually, of course, he wants to be that competition. Now he's building that big old W through to Africa. And the question becomes though, is when they get Internet, would they have any loyalty to Meta for giving them that Internet or would they just go to tick tock where all the other young people have been, right. Which the most popular like countries in Africa, like South Africa and Nigeria, right. They running, they plays on Tick tock. They running, they plays on Tick Tock. So if you think about the influence of Africa, it's going to come out from Ghana, South Africa, Nigeria and then the rest of those countries, once they get on social media, they're going to follow those influences from that country and they're going to show them their way because they're number one and leading. Like Nigeria is like the number one country, right. Where the age between like 30 to 50 have crypto wallets and then South Africa, right. And that's like top 10 globally, not just in Africa, which is a crazy stat to even think about. So I believe what Nigeria, South Africa, right. And, and Ghana does is going to be the influence of the rest of Africa.
Rashad Bilal
Africa, yeah, yeah, okay.
Guest Speaker
But it's the best opportunity right now and that's what the diaspora needs to figure out is what is our bridge business that we're going to do with each other.
19 Keys
Right.
Guest Speaker
If you look in like the next 50 years, the prime opportunity is to work within the regions of Africa with different countries.
19 Keys
Right.
Guest Speaker
From manufacturing, from textiles, from broadband to AI to education, to tourism.
19 Keys
Right.
Guest Speaker
The laser wide open. That is if we looking for a viable future. You want to build new cities, I see. I got Sovereign City.
19 Keys
Right.
Guest Speaker
Take the digital ecosystem and take that influence, take it to Africa. We've seen Chris Brown bring 90,000 people together for a concert. While Chris Brown is still hated on in America. Take it over to Africa and do business.
19 Keys
Right.
Guest Speaker
I think that that is the biggest shift and the biggest move for this generation to number one, be able to get a better arbitrage off their influence and their knowledge is to go over Africa and do business instant. It's going to take some time because Africa got a lot of things. It needs a lot of bureaucracy.
19 Keys
Right.
Guest Speaker
In order to make the type of effective change you will want to from an American mind point.
Ian Dunlap
Rashad, can you send a text? How soon do you think that US Tick Tock Group will go public and how much pressure is it gonna put on Meta from those that I know at Meta?
Troy Millings
Well, that's what I was thinking.
Ian Dunlap
As far as they're worried, I'll say that I won't. But yeah, tap in.
Guest Speaker
I give Meta the blueprint what they need. You feel me? And we're gonna bring all the black influences, but we're gonna need a huge fund. I mean a big fund. But if y'all can get the money Meta, we can get you the people.
Ian Dunlap
They have it. They may not be able to, especially now.
Troy Millings
They got the people.
Ian Dunlap
It's the kids.
Troy Millings
You can't control kids. I'm talking about the younger generation that you can't. They. That's hard.
Guest Speaker
It is. I don't know, man.
Troy Millings
It's catching eagles. Like you can't. Trying to get kids together is like catching eagles. They. They really organic with this. Like the kids really organic. Like they poured millions of dollars to try to get kids. Like the kids don't care. Kids is going to go wherever it's really organic.
Guest Speaker
They need to and they need to do something disruptive that interrupts the space.
19 Keys
Right.
Guest Speaker
And I, I feel like not enough people are doing more disruptive things right now in the social media world. They of course doubling down on what they already got, but nobody is interrupting the space. And because right now what's faced globally is financial nihilism, we believe that everything is rigged. The black community already had it. Which is why people, black men specifically, jump into crypto. They say, well, if the market is rigged, let me go to what's going to be the new market. Then, right? But now it's global financial nihilism where they believe everything is ran by the elites. The system is rigged. If somebody can make a million dollars in a day, why would I then go want to work my whole life to try to go get me a car and a house? The American dream is goddamn dead.
19 Keys
Right?
Ian Dunlap
Yeah.
Guest Speaker
And what does that make them do? Gamble.
19 Keys
Right.
Guest Speaker
So that now I put out a tweet that, you know, the. For the boomer generation, the lottery was their main coins. So they had the lottery. My grandma used to send us to go get her lottery picks all the time. They had Powerballs and they had lotteries. For this generation, it's fanduel and meme coins.
19 Keys
Right.
Guest Speaker
Gambling is going to continue to be higher and higher and higher. Meme coin narratives are going to continue to flow. Don't know when it will burn out. Don't know. You know, Mark Cuban had tweeted something very interesting. He said that the best thing for everybody to do is to create their own meme coin. He said, let it rain. Anarchy, essentially.
19 Keys
Right?
Guest Speaker
And I know you all wanted to get to that, so I want to front run. I don't know if you all already talked about that, but it was just. But financial nihilism, to me, I think is the key thing that everybody needs to pay attention to because belief in these systems is at an all time low. Where the younger generation, so anything that's the establishment, once it becomes the thing, the younger generation is looking for the next thing. So if you create that next shiny thing, that is disruption to the establishment, they will run and flow into. And that's what Tick Tock had represented. Older people did not like it. Older people didn't understand it. More established brands, right. Was looking at it like, ah, that's for the kids. And the children say, oh yeah, y'all already got Instagram, y'all got, y'all YouTube. Y'all don't understand this. We gonna go over here. So.
Ian Dunlap
But remember, Zuckerberg tried to buy it, but they blocked him. That was the first sign that he really acted a lot of favor, especially on the political side.
Troy Millings
And it was under, it was under the wrong administration. If it might. If it was under this administration, if he would have been able to, you know, make a donation, he probably would have been able to get it, get it through. So even X. X is banned in China, right? So now you guys see, okay, how, how, how much can. And we're gonna talk about this on Blackout. As far as Elon Musk, his global View. But you know, he's making moves. Right? So he, he got maga's already established, now he's working on Mega. That's a blackout topic. Right? Make your upgrade again. So it's like X is banned in China. He spoke about why is X band in China and Tick Tock allowed in America. Even though I'm not against Tick Tock being allowed. But for him to say that publicly to me, he's already working back channels from the highest level possible to get X good in China. Right. So world domination is something that isn't just the saying, it's a way of life.
Rashad Bilal
Yeah. Is that a play for Zuck as well? Right. So if Elon gets Twitter lifted, Facebook's been banning China since 2009.
Troy Millings
I mean, the problem was they don't.
Ian Dunlap
Love you like that. I love Zuck for what he's doing.
Guest Speaker
A lot of enemies.
Ian Dunlap
He made a lot. Even that war that's been going on eight or seven years, him and Elon were not the friendless. He made too many enemies.
Guest Speaker
No, that was a tough error for him. This is, you gotta remember, this is a completely new, different Zuckerberg.
19 Keys
Right.
Guest Speaker
But people remember how they made him feel. You feel me? And metal was a platform that was banning everybody, kicking everybody off, censoring them completely. Going with the Alphabet boys was telling them to do right. And every conspiracy that the Megas and everybody else thought was happening was happening.
Ian Dunlap
What's happening.
Guest Speaker
So they look at him as part of the establishment. Now who's actually the establishment? Who knows? Because when you think about it, Donald Trump was against X. He was against crypto, which, funny is because anytime the establishment says something is not good, again, he was against Tick Tock.
Troy Millings
Donald Trump was literally the establishment, say we Ford. Donald Trump was against Republicans. He started as a Democrat in New York. He was a. He's a Democratic. He's a Democrat from New York. He's. He's against Republicans. It becomes a Republican legend. He's against crypto and becomes a crypto legend. He's against Tick Tock and becomes Tick Tock's savior. How he's been rolling this out has been historic because nobody ever remembers all of this stuff. And it's pimping. I mean, he. He has 34 felonies, runs for president so he can get rid of his felonies. That worked out perfectly. Gets rid of Tick Tock so he can bring back Tick Tock.
Ian Dunlap
Bring it back. That works out.
Troy Millings
That works out. That works out perfectly. Goes against crypto.
Guest Speaker
He was against the Libra, Metacoin.
Troy Millings
He was a guy.
Ian Dunlap
That's the conversation.
Guest Speaker
At the same time, he said that at first point ain't worse. You feel me? And then he drops his meme coin and his wife's. And his wife Melania said, wait a minute now.
Rashad Bilal
I need my own book. I need my own book.
Guest Speaker
So can we talk about the. The main coins?
Troy Millings
Well, let's talk about it.
Rashad Bilal
Let's do it.
Troy Millings
We spoke about it earlier, but I want to hear your perspective.
Guest Speaker
Oh, man. So, first of all, this is. This is chaotic. This is pure crazy. This is anarchy all throughout. It's funny because I've seen a divide with the Mega Party with this whole thing. Of course, I'm not sure what y'all said earlier. I didn't get to see everything, but he set this whole entire play up masterfully, right? He got the bros, Crypto bros. Back into position. They started making money, and as we fast forwarded, he invited them all to the crypto ball. Of course, he got up there DJing everybody in the room having fun, and then without them for what a lot of people have tweeted, he dropped his Trump meme coin. Now, some people speculate that he was showing them, listen, I don't really need y'all, right? I'm not sure if he was doing that or not, but I do know he ran that play. And most people was like, okay, well, this at least go bring another supercharge into the crypto world. Even though a lot of people were still on the fence of how can a sitting American president that's about to be inaugurated the next day drop a meme coin utilizing and leveraging his influence and position. Now, of course, I know people that made money. They like, who cares? I made money, Right? Again, it's financial nihilism if you're not creating jobs. And it's very interesting when you think about what his economic plans are while he's dropped the mean coin at the same time, and especially while California just is on fire. And we'll be interesting to see what the victims of the fire get right fully when a government helps them send them assistance. But anyway, when we look at this Donald Trump thing, when a Milena Coin dropped, then that's when a lot of the people that's in the Mega Party. I seen Alice Becker, who was huge on crypto Twitter, he was like, all right, I'm starting to regret my vote now. One thing I know about Donald Trump, he can get away with just damn near anything, and people will justify it, and people will buy it right? From bibles to meme coins, they really don't care. But I know that this definitely caused some harm in his relationship with the crypto bros because number one, they would have loved to been in on a gag, you feel me? They would have loved to know what was going on so that they could have launched it with him. But number two, they believe that he's pulling out so much liquidity from actual real projects to push into his own. So people is like, were you gonna help us or you just there to help yourself right now? If you know anything about Donald Trump in the art of the deal, he's making that deal to make himself more powerful and more money.
19 Keys
Right.
Guest Speaker
He dropped it on Solano. 80% of that is so called locked, but not really locked. It just was sent to another wallet. But that's billions of dollars right now. And then Milena coin is somewhere around $5 at this time that we're speaking another billions of dollars. That just goes into. I believe that they had announced that Cuba had launched his own coin. Only corrupt so called. So now we looking at, I think just complete mania that when the president does something it literally says precedents, right? To where how can you argue if the sitting president dropped the meme coin that these things are not a valid way for everybody else to move. So I think that you can see a craze of influencers, creators, companies, countries, everybody just dropping a meme.
Troy Millings
So the question, well, the question. Should we. Should we. Okay, should we do the Market Mondays coin?
Ian Dunlap
Listen, no, hold on. Before we go there.
Guest Speaker
No, you go first. I want to hear your take because I know black. I know you're gonna say the same.
Ian Dunlap
Apology that Mark had to go give him Mar A Lago. We gonna have to do with the Department of Justice and the FCC and finra. Oh no.
Troy Millings
How can you. If the president. The precedent is already set by the President. The President is set by the President. How can you get.
Ian Dunlap
How could they tell everybody who is black in the NFT movement? The same thing when the board apes was able to pull that off. It's different than when somebody black and it's a bunch of black creators who went to jail. I like the idea I got behind the scenes. But US public facing launcher COIN new.
Guest Speaker
I think it's interesting, I think that there's some validity of what he's saying. You know, anytime we get into something, they want to shake the tree because they don't really want to see a mass population of black people extremely wealthy.
19 Keys
Right.
Guest Speaker
That changes the dynamics of America, right? Most of our stats are related to our poverty, our negative stats, right? That's just a fact. Criminality, violence, our health stats is all related to our poverty, our positions of influence, we think differently. If everybody in America was well off, our political ties to everybody would change, right? So they don't really want to see that it's best served to keep black America broke. So the thing is, is that I think it would be interesting to see, right, coins be created, crypto coins and meme coins. I think the reason that people go meme coins is because we're not offering you anything, right? We're telling you up front that this is not worth anything. Therefore, if you jump into it, this is all upon your risk, right? Anything you put in there, you're willing to lose, and that's that the only thing you would have to do essentially is not rub. And then later on, what I haven't seen from these meme coins and none of these cryptos, they actually do something good with the money. People collect billions of dollars, don't build anything, don't help anybody.
Ian Dunlap
I'm not anything back.
Guest Speaker
Nothing. It's just. It's just all money and greed. So I think that would be the biggest shift if there was actually a project that was dropped. And then when a person actually got hundreds of millions of dollars, they did something that was beneficial to society, right? Because right now we're in this super capitalistic greed phase to where everybody just want money. But I put out there, I'm like, what are you actually gonna do with the money? Is it just going back into the hands of corporations?
19 Keys
Right?
Guest Speaker
Because that just became a same cycle and loop. So who cares if you broke or rich if there's not an actual plan that progresses humanity? And I believe that society is eroding daily. And if there were signs of the times, that was at the end of an empire, right, it would be when society is completely degraded. Capitalism at an all time high, financial nihilism is at an all time high, right? The people are completely divided and they don't really believe in anything but money. And the reality of it is it should be quality of life that we should be focused on in America. If you want to make a country great, right? It is the quality of life index, not gdp. And until that shifts, every country will erode until quality of life is the standard of what makes a country great. So back to the crypto question. I believe that there is no without risk, there is no reward in this game, and there is a lot of risk being Black doing anything. But you can also be anonymous and do things because I don't know who's creating all these coins. There's a coins being created every day. We assuming that they don't look like us, but do that because we have the same tools to our disposal. You can go on Dex tools, you can go on Pump Fun, right? You can go create whatever you want to. You can go create a whole entire website instantly generated for these coins, right? All they're doing is hiring influencers, paying them $5,000 to pump their coins up, right? There's a whole roadmap in order for this thing to be done. And people on the Internet, it's just putting up memes. Whether they races or non racist, we don't know who they are, right? They're that a funny or political people are just running with narratives, right? So that's the way crypto is being played right now. What's the next narrative that creates the next coin? Because it's based on attention, right? So whichever one gets the most attention converts the most money. So it's, it's if we take it back from a history Lesson back in 16, I believe 1612, right? This country was founded based on a lottery, right? That's when they was able to create new Jamestown, Virginia. So if I'm looking at a new world being built out and I'm a student of history, it's the same thing that's been happening in America since the beginning. But we looking at it as a meme coin is something new. It's just a new system with the same old game.
Rashad Bilal
So here's the thing, right? Because when we think of these meme coins, it's tough, right? When we talk about stocks, we can look at fundamental analysis, we can look at technicals. These mean coins, sometimes they stay, right? Like Doge is probably the most popular meme coin. It's the number seven asset on coin market cap. So it's here. So the thing is when you have like a Trump coin and again we don't know who the owner is or who created it, is it here to stay at least for these four years? Because you, I mean it got up to 75, it went down to 40, people are gonna made money already. But when you see acceptance from a Robin Hood, when you see it in acceptance from a Kraken and you see it from a coinbase, people are gonna flock to it because the east of trying to acquire it right before it was like how do I get it? Where do I get. Now you know where to get it.
Ian Dunlap
Yeah.
Rashad Bilal
Is this mean coin or at least this one here to stay for at least the four years?
Guest Speaker
I don't know how attention is going to go because I think the, the thing about it is all the tension. So I, I mean it's an official so called meme coin already. So people have access to it. So that's there whether it rugs or whether it goes up based on further speculation and new things that they add to the project that's yet to see. But when you see things like fart coin, Pepe, right. These coins have staying power. Matter of fact they've been actually outpacing everything else. Actual real utility products people aren't jumping into right now. People want to gamble to make money, right? Is it is gambling for wealth now the thing I was saying about attention is, is that this is going to be a crazy year. So there's going to be a lot of narrative that's still attention away, right? So next week anything could happen. And then we're no longer talking about the meme coin even though it went down to a dollar. Who knows? The one thing I do know about the Trump coin is Trump is always going to be president for the next four years, right. So that is always going to have some level of attention to it no matter what. And he is going to talk about crypto. It is going to have ups and downs and I believe there's always going to be a time where attention is flowing in and out of that coin. So I think that you focus on trends, you focus on narratives, you focus on where the attention is shifting, right. If you want to understand why meme coins work. I've said that a long time ago. It's, it's tokenomics is basically attention based, right? It's bet whether a person gets fomo, right. Whether the news is reporting on it. You can go look at Google trends to see what people are talking about, what they talking about in a crypto Twitter, right? What they got going on in these alpha and these Dean telegrams and discords, right. All of this stuff, number one is manufactured attention as well. A lot of it. But then you get things like Pepe or not Pepe but what's the other one? Chill guy where everybody was making sure.
Ian Dunlap
Guy was going crazy.
Guest Speaker
That's like if somebody made a meme about the guy who was up there at the inauguration acting like he was Martin Luther King. You know what I'm saying? Meme coin right now about that. It'll get some attention. It'll probably go up For a second it'll go down again because nobody cares.
Ian Dunlap
Hey, I'm down to do cool coin. We got a couple people we can call crazy.
Guest Speaker
I'm with that one.
Ian Dunlap
Immediately.
Rashad Bilal
I know it was founded by.
Ian Dunlap
Yeah, every week drop a new coin, new cooling coin.
Guest Speaker
But, but listen, I seriously do think that the future, a lot of people are going to be creating more coins. I think not only that, I think just digital networks, period. Like digital cities. Yeah, I mean like, I think discord is essentially like the beta of creating a digital city.
19 Keys
Right.
Guest Speaker
And I believe that as influence become more polarized, people are going to have more control over their community. And we're going to see some interesting things happen when it comes to the social media landscape because it's not even about us creating anymore, Right. It's about us having, well, not even about social connection. It's about what we can create on social media.
19 Keys
Right.
Guest Speaker
And the amount of attention that it can get. I don't think people going on there to have real conversations on social media. YouTube, you can see more of that. But the landscape of Tick Tock and the landscape of Instagram is just fast attention.
19 Keys
Right.
Guest Speaker
What can I create? What can be seen real quick. And it's really shaping up human behavior. There's a lot of brain rotting that's happening. There's a lot of dopamine deficits that's happened in this generation and they can't focus on nothing. And the more dangerous thing is everybody needs to focus on how do you save yourself. I'm done trying to convince people because I realize that people want to live in a silos and they believe whatever they want to, regardless of the facts that are present.
Troy Millings
I want to talk, I want to talk about how this, I want to talk about the show. That's a good segue. But before. And the last thing I'll say about this is that this thing is going to end badly because when things start to not make sense, that's the universal law that a crash is coming. And we saw with NFTs, we saw it with crypto before we saw a web.
Guest Speaker
One thing I want to say about NFTs is this, that you look at projects like Pudgy Penguin, at one point in time they was worth more than a bitcoin. If you go look at your product back right now and you go pull out the authentication authenticity card, right? It's connected to a NFT that verifies it. I said this on Breakfast Club last time I was on it. That is going to be widely used. You're just not going to be calling it an NFT because the technology is still viable, it's still real. It's just that people start to look at everything based on its price instead of its value and then that's when things start to bubble.
Troy Millings
Well, it's like when crashes. So it's like the dot com crash, right? 80% of those dot com went away, but I mean the Internet's still here, right? So when I say crash, like, I mean the crypto industry as a whole is going, is going to suffer because, yeah, change like Bitcoin is going to survive, right? Like Ethereum's still going to be here, but all of these meme coins are going to crash and burn and people are going to lose a lot of money. But save yourself, 90% of traders lose.
Guest Speaker
Money in the crypto industry. Number one, don't have any strategies. Number two is a lot of stuff is just speculative. If you don't know how to get in and get out, then you're gonna lose regardless.
Troy Millings
Save yourself. Talk about that.
Guest Speaker
Well, save yourself is just that, no matter. It's not going to be a government, it's not going to be a celebrity, it's not going to be a politician, it's not going to be a pastor. None of these things are what's going to say, what's going to save you is your strategies that you have, especially over the next four years. If I look at the landscape of what's going on in the economy, right, as we talk about financial nihilism, we talk about wage suppression, we talk about this dramatic world shift, we even talking about, you know, dangerous weather events that's happening all throughout America where we have these extremes that's happening. I believe we're in this space to where society is completely eroding at its soul level, right? If we don't learn how to get back to indigenous ways, to where we go from just extraction and domination of nature and getting back into harmony, right, and flow with nature, then I think that not just America will have its fall, but I think humanity, right, as a whole and we're completely disconnected from that space of being human anymore. We become so robot and machine like and we don't have any collective agendas in harmony at this show. I really want to have a discussion with the audience and the people that's in the audience, which is why I'm inviting all of my peers that I know, all the people that you see me with, I'm inviting them to be in the audience because I want to make This a discussion about our future. How do we save ourselves going into this next four years? I believe people need to decrease spending, right? They need to increase their ability to buy assets, right? They need to get completely focused and disciplined with themselves. They need to get their family in tune, right? And they need to have a strategy. So therefore they have more resilience, right? And resilience is your ability to quickly bounce back, essentially.
19 Keys
Right.
Guest Speaker
To get out of form and then get back into it. And if you're not studying the age of resilience, Right. There's a good book on that by Jeremy Rifkin. He's one of my favorite thought leaders and economists, and he talks about the age of resilience, how we're on a water planet and not just an earth, right to where we think of land base. But globalism has connected us all across the planet and there's existential crisis that we face, right? As you may look on the Internet and the TV and it tells you one thing, but your spirit tells you something is not right in the world, right? And what is that intuition that guides you at the end of the day, if you don't have the data and the knowledge to be able to move off that intuition and understand what is the pathway you supposed to take to secure your family's wealth to protect yourself, to be able to think correctly, to have more increased intelligence, greater adaptability as things are constantly shifting, to know how to think about the future in the first place so you're not constantly stuck with anxiety because things have shifted so much and you don't know what to do. As a futurist, my goal is to give you the blueprint to the future and to have that discussion together about how do we save ourselves. It's going to be the most important room in America for us to decide our future. And that's what we're gonna be doing. February 7 Gramercy Theater, New York.
Troy Millings
February 7, Gramercy Theater, New York, New York. Where can I get tickets?
Guest Speaker
19Keys.Com Tour but you know what I need, man? I need Ian there.
Ian Dunlap
Oh, that's my son's birthday. I can do any other date but that one. Listen, when I go back home, I'm asking him, hey, you want to go to New York for your birthday? I'm asking, but that's my only out.
Rashad Bilal
He gonna say, dad, save yourself.
Guest Speaker
I don't do that. Don't do that somewhere, yo talking about. But I need my brothers at Eyo to definitely be there and. And too easy, Rich. So please bring Your books, you know what I'm talking about. But yeah, first of all, thank you for the platform. It's always good to come on here and talk with you fellas. You know, how do we stay focused during this time?
19 Keys
Right?
Guest Speaker
Stick to your thesis is my whole thing. If your thesis is not working, shift your thesis, but stick to something. If you just step outside, your energy and your attention is going to be going left, it's going to be going right, it's going to be completely controlled. There's going to be so many things happening, right? But you need to learn to have a thesis, a strategy and a plan to. Whereas everything is happening, you're adaptable and you are resilient and you can maintain your integrity this whole entire time because there's great opportunity at the same time. And I do believe that black people have about two years of real asset accumulation. I believe that Hispanic people probably have maybe two and a half, three years. I believe that white people have about five, and I believe Indians have six.
19 Keys
Right.
Guest Speaker
And outside of that, the world completely shifts. And isn't the idea of the future of money, who knows when you can create a meme coin and billions of dollars flows into it, what is real money?
19 Keys
Right.
Guest Speaker
Owning your ip, I think, is very important for the future. Owning assets and managing those assets and give people access to it because ownership will decrease, you will own nothing and you will love it. And on one hand a person can say, well, that's how the indigenous people did it. And on another hand, people look at it based on the oligarchy's plan for the world, right? So somewhere in the middle is where the truth is.
19 Keys
Right.
Guest Speaker
The younger generation doesn't want to just hoard things and just own things. They need access because it's not sustainable economically, right. And based on our ecosystem. So I think that we have to become greater stewards of ourselves, our spirits, our soul. When it comes to unity, I'm not sure if it's going to happen unless we first have separation. And by separation, I think that people need to find their tribes. You need to find who you actually connect with and build with, and then y'all tribes can come together. But if we're looking at it as an individualist thing, it's not going to happen anytime soon. But I will continue to put fire to it.
19 Keys
Right?
Guest Speaker
I will continue to be extreme optimists in our ability to have cooperation amongst each other.
19 Keys
Right.
Guest Speaker
And our ability to build. And I believe more of us need to have these conversations on the back end.
19 Keys
Right.
Guest Speaker
If we look at the way Donald Trump and the way Elon Musk and the way everybody else is playing their game is disrespectful to be any position of power, quickly, position of leadership, any position of resource and not be connecting behind the scenes. I know a lot of us are extreme capitalists. I get it. But what is your capital worth if people don't respect you in the future and they won't even take your dollars?
19 Keys
Right.
Guest Speaker
I believe you have to have very strong networks and we have to be super intentional because black media should have its own voice. It should narrate his own reality. Right now we should be picking our own stars and we should have a lot of power. The unity is not even the play. The power is to play.
Ian Dunlap
Yeah.
Guest Speaker
You don't want no power then. You just want to be a slave. Because how can you tell your child that their future is safe if you ain't got no power? You can't you lying to them. And to me, I think that's the reality. And when somebody comes in your face and they spit in your face, whether that is literally right or whether that is figuratively, what you gonna do. And right now there's a lot of spitting in black people faces.
Rashad Bilal
You have nothing and you will like it. Keys, my brother has always been a pleasure to say.
Guest Speaker
I know we got to go, but he.
Rashad Bilal
No, no. I was going to tell you to tell him a new episode of High Level Conversations. You ain't talking about that. Just drop the man.
Ian Dunlap
Oh, yeah, just drop.
Rashad Bilal
Talk to him.
Guest Speaker
So it was fire. I called it Quantum Minds because we had so many conversations about quantum technology. But they're also so much game about the future and what you need to do moving forward.
19 Keys
Right.
Guest Speaker
I think just on the mentality side, there was a lot of key things that we stuck with.
Ian Dunlap
Right.
Guest Speaker
If I was reading the WEF report and it was talking about how creativity, resilience, adaptability, and they also said the. The care market, right? People are getting older and older. So being in those areas that won't be easily automated a key. And we really gave a breakdown of that future and where things are going and how quantum machines could possibly affect us as well. I know a lot of times we get this mental myopia to where we can only see what's in front of us right now. And so this inauguration is here, the meme coins is here. But if we want to look out at another 10 years, five years, three years, I'm always looking at new technologies as a looming threat or benefit. If we're not in it whatsoever. It's a threat.
19 Keys
Right.
Guest Speaker
And so whether it's blockchain, whether it's NFTs, whether it's crypto, whether it's AI or whether it's quantum computing, all of this is a threat for those who don't control it. So I believe that we have to be prepared as futurists so that we have control over our future. But watch that new episode. It is a platinum one already. And you and your family should sit down and we got more high level conversations to come.
Ian Dunlap
What did you want? My insight on you was about to.
Guest Speaker
Say something when I was talking about the Unity separation piece.
Ian Dunlap
Oh yeah. It won't take long. If I think the biggest thing in the culture is we have to decide to even. I'm sure they'll do a documentary or book about it. But like even David Sacks Chamath Calicane is who I'm friendly with. They came up with this whole crypto plan after Kamala was selected. Didn't take them that long. Like firsthand, you know, some of the guys that we. It didn't take them that long. They made a choice. Now of course the backing of Elon helped a hell of a lot and having a platform, but I think we're powerful enough. If we wanted to we can have an impact on our next election in two years if we wanted to. The question is as a community and there's a culture that we want to. They made a crypto czar position for David Sachs. Amazing entrepreneur, but he's not top 50 in Silicon Valley. So why can't we have influence over what happens in Africa or the United States of America or you know. But to though if y'all listen to the higher powers. These are just jokes written by 85South. We don't mean none of this. We just. We just talking hypothetically. Okay. Upset the powers in public. You know me all the legend. Yeah, allegedly.
Guest Speaker
All allegedly. Well, allegedly. I also dropping my articulation class soon. I think that's the thing that people have been asking me about the most is if I can teach them how to communicate like myself. Now I can't do that exactly. But I can.
Ian Dunlap
You're giving me your sauce pause.
Guest Speaker
Yeah. So I've been. I've been preparing it for like the last six months because I wanted to make sure that each person can come in and get phenomenal results by practicing the frameworks.
19 Keys
Right.
Guest Speaker
And I realized I've been a speaker my whole life, since I was a child. So there's things that I'm gifted at. And then there's technical skill sets, Right. That you can develop over time. Tonality, pausing.
19 Keys
Right.
Guest Speaker
Projection of voice.
19 Keys
Right.
Guest Speaker
How to have a framework. If you have to do an off cup speech, speaking with more confidence and passion, all of those particular things is what you're going to get out of it. And essentially how to have a high level conversation. What does a high level conversation consist of?
19 Keys
Right.
Guest Speaker
I don't need to keep that sauce to myself. I believe we can change the world by having more high level conversations. Most of the things we have in society are low level.
19 Keys
Right.
Guest Speaker
When I come into a space, people are racking their brain of, what can I talk about this high level? And first I'm like, relax. I don't want it to be performative. It's just a conversation.
19 Keys
Right?
Guest Speaker
And when you do that, whether you're getting on stage or whether you're talking to somebody, a lot of people going into their performative brain, and that's why they can't be in flow mode. Instead, everything that I do is a conversation. But I always speak from a point of passion. And teaching people how to find that passion, that true belief, and then speak from there. People will feel what you say because it's more important for people to feel what you say than even it is for them to hear what you're saying.
19 Keys
Right.
Guest Speaker
Because that opens them up to remember you.
19 Keys
Right.
Guest Speaker
And so the greatest leaders in the world were the most passionate speakers in the world and they was able to articulate themselves. And articulation increases confidence. So that's why I decided to do this. And the high level club that we're going to be dropping soon, but want to throw that down there because I will be dropping some keys February 7th as well when it comes to how we can all have high level conversations to become high level communicators.
Troy Millings
There you go.
Ian Dunlap
What kind of Netflix approved lens is that? Articulate that. What was that?
Rashad Bilal
Oh, no.
Guest Speaker
I actually got two views. I didn't even hit y'all with the other one. I said, I'm gonna go light on y'all today. I ain't even. I got two different ways he got.
Ian Dunlap
The Ryan Coogler wins.
Guest Speaker
I'm trying to see if this thing go ahead open for me so I can show these fellas real quick. I ain't got my producers on the background post.
Rashad Bilal
Okay.
Ian Dunlap
Oh, you know, Snoop, if there's no.
Rashad Bilal
Engineer, I'm the engineer. I hear you. I hear you.
Guest Speaker
Okay. We can always switch it up if we want. You know what I'm saying we can always give you another angle. You feel me? This really the dramatic effect right here. Then you want talk to the camera. You gotta.
Rashad Bilal
Now you gotta put the glasses back on, man.
Ian Dunlap
Yeah, hold on.
Guest Speaker
Come here. You know, I'm sipping my. My super my.
Ian Dunlap
Yeah, you got the T'Challa chair. I see what you do. I see the.
Guest Speaker
I got a coffee drop. And I ain't even hit y'all. I ain't even go for a Master P. I could have.
Ian Dunlap
Yeah, you drop out five, but you family. I'm let you on coffee.
Guest Speaker
You know what I'm saying?
Rashad Bilal
I took it light today.
Guest Speaker
You want to get going.
Rashad Bilal
He's going on away.
Guest Speaker
You gotta go low voice. And then you talk to the camera, like, listen yourself. And then you end it from there. You feel me?
Ian Dunlap
On a dramatic effect.
Rashad Bilal
February 7, man. A must. A must.
Troy Millings
7 Gramercy Theater, Manhattan, New York City. Make sure you.
Ian Dunlap
I'm see what Xander want to do. I'm gonna ask him, I promise you.
Guest Speaker
Yeah, please do. I really want to make it a legendary day, though, man. Like I said, it's not gonna be about me. It's really about who shows up in the conversations we gonna have and how we should.
Troy Millings
You gotta give me. You gotta give me the heads up who's gonna be there, though.
Guest Speaker
Okay? Why you got. You got enemies.
Ian Dunlap
No, no, we're not aligning with.
Rashad Bilal
That's why.
Troy Millings
Everybody. Everybody. The list.
Guest Speaker
The list is vetted. Don't worry about it.
Troy Millings
It's all friendlies. Top billing.
Ian Dunlap
Rashad, I got you. Yeah.
Rashad Bilal
I got everybody arrangements.
Guest Speaker
Everybody coming on my card. Everybody good, man. You know, I bring the right people together. They never know fights with my adventures. All beautiful ladies. Everybody smell good. Everybody know I bring out the most beautiful people that can possibly be seen.
Troy Millings
In New York Energy.
Guest Speaker
I'm saying if. If you're looking to connect and network with the right people in the world, they flying in from all over. I'm talking about out of state countries. You feel me There. There are some very beautiful conscious women out there on this planet Earth. And they making a lot of money and a lot of fellas. Y'all need to show up. You got some knowledge yourself. They looking for you. They can't get me.
Rashad Bilal
Next best thing.
Guest Speaker
Listen, save yourself. Save yourself. Please don't miss out on this guy. You know what I'm saying?
Rashad Bilal
The orator of our generation, man.
Troy Millings
All right, bro. I appreciate you, man. Thank you.
Guest Speaker
Yeah.
Ian Dunlap
Thank you. For real.
Rashad Bilal
All right. One of a kind, man.
Troy Millings
That's a fact.
Ian Dunlap
One of a kind.
Troy Millings
Never a dull moment.
Ian Dunlap
19 keys ever do. You can't have me. A dramatic effect. Oh, I gotta use that one.
Rashad Bilal
I. I'm glad, people. The. The. The best part of that is that a lot of our conversations, especially when we speak, is that that's how it goes. It's like the seriousness, but it. There's banter, and it's always intelligent. So I'm glad people get to see that side of him because he's. He's a. He's a funny dude, man.
Ian Dunlap
So we put our coon coin. Who going first?
Troy Millings
It's a few of them.
Rashad Bilal
Oh, man. If any of y'all go up there, calling y'all out a bunch of coons.
Troy Millings
That'S a few of them we gotta talk about. All right. As a preview for this week, we will be talking about Elon doing the Hail Hitler salute. That's great. We gotta talk about true to form mass deportation day one.
Rashad Bilal
Yeah.
Troy Millings
You gotta talk about make a Europe great again. What does that even mean? That's we gotta talk about.
Ian Dunlap
It's clear.
Troy Millings
Mega Man Golf Golf of Mexico. Rename day one.
Rashad Bilal
Where's Stupinelli at on this list?
Ian Dunlap
Towards the end of the show.
Troy Millings
So. So tune in on Wednesday.
Rashad Bilal
Yo, man, it's gonna be a special night. Special night.
Troy Millings
Elon. Elon's really. He going crazy, man.
Ian Dunlap
Is Elon the technology to save white America from their dwindling birth rates?
Troy Millings
Did he? Did he. Another thing that I want to talk about on blackouts is, is if he genetically altered his genetic code, if he changed his genetic code, he hasn't really aged too much. If you really think. Look at it and, you know, somebody that powerful, the only thing that can stop him is death. And when you start to put chips in people's brains, you gotta think that if. If I'm giving you steak dinner, what am I eating myself, right?
Rashad Bilal
So you.
Troy Millings
You gotta think that maybe he has some level of.
Rashad Bilal
What. What time frame we talking? I'm past, like, five years.
Troy Millings
Like, right now.
Rashad Bilal
Today, he looks the same as he did five years.
Troy Millings
Well, can he die? First and foremost.
Rashad Bilal
That's a good question.
Troy Millings
And has he. Has he changed his genetic to become a superhuman? Because even though all the stuff that he's doing is cr. Like, when is he sleeping? He's running five companies. He. He's running political campaigns in four different countries simultaneously. Four different continents.
Ian Dunlap
He's.
Rashad Bilal
He's looking younger now than he did. If you look at. You can Google that. Look at the PayPal pictures.
Ian Dunlap
Yeah. You don't Think you can do this for adults with that wealth?
Troy Millings
He hasn't. Like, the only thing that can stop him is. Is death. And you got to start to think, man, if this guy's talking about colonizing Mars and all of this, all right, Blackout's gonna be interesting. Let's just say that.
Ian Dunlap
Yes. I told you. This year, there's so much stuff happening, we don't even have to go on conspiracies. We can just talk about what's happening clear as day.
Rashad Bilal
Yeah, we. Not even. We. We didn't even finish January yet.
Troy Millings
Blackout will be interesting.
Rashad Bilal
We didn't even finish January.
Troy Millings
All right. Okay.
Rashad Bilal
Yeah. Ah, man.
Troy Millings
Anything else?
Rashad Bilal
Yeah, we got earnings this week, obviously. The market's open tomorrow. Netflix. We watching that. We got a lot of the consumer staples reporting this week. We got PNG Johnson and Johnson Air Max on Friday. Another one of those companies that you definitely should have your eyes on. Yeah, man, it's starting that earning season again, so be on the lookout.
Ian Dunlap
Rashad, I know you got another theory. I know it's. It's getting scary, right?
Troy Millings
Spooky hours.
Rashad Bilal
Yeah, man, that was unprecedented.
Troy Millings
Spooky hours are upon us, man.
Rashad Bilal
How do you. What do you think? The justification. We'll save it. Save it.
Troy Millings
Spooky hour. The justification for you are who you are in this world. Yeah.
Ian Dunlap
Oh, yeah.
Troy Millings
The.
Ian Dunlap
The. Once you have knocked the king off the board, you can be who you naturally are. And the crazy part, he has so many supporters are going to justify it and make a meme of it, potentially.
Rashad Bilal
Next. Attention. Attention, attention, attention. We. We're not. I mean, how many hours are we away from the Doge department actually existing? So now Doge becomes. Attention, attention, attention.
Ian Dunlap
Remember when I gave Obama all that flack for that 10 suit? They booed Obama.
Troy Millings
Yeah, at the. At the inauguration.
Rashad Bilal
That was whack.
Ian Dunlap
The way they booed Hulk Hogan. They booed the him. Where's the decorum? I see why Auntie said Shell says she didn't want to go. What?
Rashad Bilal
Crazy, nasty.
Ian Dunlap
Crazy tuna blackout, maybe. Four hour episode. Who knows?
Troy Millings
At least. Umar Johnson calling.
Rashad Bilal
Yes, special segment.
Troy Millings
Special segment.
Ian Dunlap
Coon call. Ins we taking because y'all went at the inauguration.
Troy Millings
The cool calls. The cool.
Ian Dunlap
But back to the unity. It's interesting because even people like, oh, why y'all broadcasting still? Calicus put together a plan to help him win and take over the White House. Like we can make change inside of a year. We can do it. Do we want to, though?
Rashad Bilal
Yeah. Yeah, man. Crazy time. Crazy time. What a time to be alive.
Ian Dunlap
For real.
Troy Millings
What a time.
Rashad Bilal
Yeah.
Troy Millings
To be alive.
Ian Dunlap
You and yours almost died.
Rashad Bilal
Yeah. You and yours. Was me and mine.
Ian Dunlap
Hey, Drake, hold your head. We'll talk about on Blackout. Your career, maybe.
Rashad Bilal
No, no, no, no, no, no.
Ian Dunlap
No tv. Gucci. Let me get all about all my.
Rashad Bilal
Shout out to the six, man.
Ian Dunlap
I didn't like this move.
Troy Millings
Blackout gonna be one of the ones, man.
Ian Dunlap
Blackout gonna be one of the ones.
Troy Millings
Wednesday, 10:00 Eastern Standard Time for blackout. Thursday, 6:00, my guy Lecrae.
Rashad Bilal
Yeah. Dope episode.
Troy Millings
And then Thursday at 7:00, the options class.
Rashad Bilal
I'm back.
Troy Millings
Ey. University. Download the app if you're anywhere. University. Make sure you stay up to date on everything that's been going on. We got the mastermind in two weeks in Atlanta, Georgia.
Rashad Bilal
Excited about that? Some more.
Ian Dunlap
5:00Pm Central. See, I gotta coordinate the schedule with your partners and friends. We gotta be trying to step on each other, work while the program ain't working. Too many programs.
Troy Millings
Oh, man. It's gonna be a hell of a year, bro.
Rashad Bilal
Yeah.
Troy Millings
This would be a year that I won't forget, I'll tell you that much.
Ian Dunlap
Nobody's even talking about Puff no more.
Troy Millings
And Puff made.
Ian Dunlap
Puff's gonna get out.
Troy Millings
May find his way one way or another. No way out one way or another.
Ian Dunlap
The re release, it may happen.
Rashad Bilal
The re release, it may happen. Yeah.
Ian Dunlap
Fauci.
Rashad Bilal
Yo, that's. That's on. Yo, Fauci got pardoned at, like, at the buzzer. Marcus Garvey got the pardon. They was like, yo, Marcus snuck in Fauci. He wasn't even charged anything yet. We're gonna part of them just in case.
Guest Speaker
Yeah.
Rashad Bilal
Good to have friends in high places.
Troy Millings
You partner somebody that is. Has been dead for 60 years. I appreciate the. The gesture, but let us, Asada Shakur, come back to America. Like, do something for somebody that's actually still living today. Yeah, right. That's. That's even more beneficial.
Rashad Bilal
Well, shout out to bmf.
Troy Millings
Shout out to Terry.
Rashad Bilal
Southwest T. Southwest T got part.
Ian Dunlap
Oh, did it.
Troy Millings
Okay, once again, that's a. I mean.
Rashad Bilal
I know, I know. I'm just saying.
Troy Millings
You know me. Chone his political prisoners. That's locked.
Rashad Bilal
That's a fact. That. That is a fact.
Troy Millings
Freedom. Yeah, I was too late now. But if you really wanted to do something, Biden, you should have. You should have done it when you had opportunity. Biden, you're done. And the Democrats, we're gonna talk about you guys on. On.
Ian Dunlap
You're done.
Troy Millings
Like out too.
Ian Dunlap
You guys do y'all have no new superstars? It's like when Mike left and they had like Pete Myers and Randy said Brandy Brown. But y'all need to now.
Rashad Bilal
Pete Myers is wild. Why did they think P. Miles was gonna be Democrats?
Ian Dunlap
Listen, y'all can't roll out your AOC card. She ain't going. Y'all gotta fight back.
Rashad Bilal
Shout out to Pete. That was crazy. That was a crazy zone.
Troy Millings
Try to take my chain. I ain't going. I ain't going.
Ian Dunlap
Top. We tried to win and tried to help Roland Martin. We need to have a combo.
Troy Millings
Yo.
Ian Dunlap
Rolling.
Rashad Bilal
Yo. You got your Chiefs in the championship on Sunday. Salute to salute to Pat Mahomes, my commander.
Ian Dunlap
Okay, I'm happ they won that one little call when Patty slid at the end.
Rashad Bilal
That was ridiculous, bro.
Troy Millings
I mean, it was gonna win regardless.
Rashad Bilal
That was third down. They would have had to punt if that two of them penalties was tough. No, but momentum changed. That's fourth down they went. The two calls are ridiculous. It's whatever. They won. They found a way to win, which they do every week. They are in the championship. My Washington commanders cooking. We're going to Philly this weekend. I like our chances. Don't let watch him play the Chiefs. I might use.
Ian Dunlap
Right.
Troy Millings
But.
Ian Dunlap
Well, I ain't gonna say that. Shout out to bros QB Mark Andrews.
Rashad Bilal
Nah, bro, that's ridiculous.
Troy Millings
That's bad work. Man.
Ian Dunlap
How you drop. It's a good lesson though. When he had that fumble after you mess up confidence, man. Get your head back in the game. Focus on the victory.
Troy Millings
Some of you be soaking too long.
Ian Dunlap
And then you try never let it.
Troy Millings
Get to that point. They have. They had turnovers before that. Yeah, that cost us. And that's the result of. He should have caught that for sure. Yeah, but it shouldn't even have got to that point where he had to catch that. Like you gotta seal the victory early.
Rashad Bilal
Yeah. I mean, but this is.
Ian Dunlap
That's a whole sports fighting back.
Rashad Bilal
LaMar hasn't had two turnovers in the game all year. Last time he had two turns in the game was last year versus Chiefs in the AFC championship.
Troy Millings
Salute to Lamar. But this. This is a yearly occurrence.
Ian Dunlap
I want to talk. You did say it though.
Rashad Bilal
Salute to me.
Troy Millings
You know, it is what it is. But you know, we almost have four black quarterbacks.
Rashad Bilal
He's so elite.
Ian Dunlap
Amazing.
Troy Millings
First time ever. But Josh, y'all. Shout out to Josh Allen Cook. Shout out to Billy the Butcher and the whole Buffalo.
Rashad Bilal
Was he there last night?
Troy Millings
Yeah, of course. They got updated the theme song Shout out to Benny, you know Buffalo. But it's just you know it. It stops on Sunday. You had a hell of a run. Hell of a season.
Ian Dunlap
Yeah, it's over with but it's over with Jaden Daniels. Big five a beast.
Troy Millings
I'm predicting the Chiefs versus the Eagles rematch. A rematch.
Ian Dunlap
Come on man. Commanders get getting Eagles out of there.
Troy Millings
No no, no.
Rashad Bilal
You came and root for my. You know what I'm saying I. I would support your team.
Troy Millings
It's a rematch to what we saw two years ago. And it seems respect same thing is going to play out in the Super Bowl.
Ian Dunlap
If Patty win this one he greatest all time or he's second.
Troy Millings
Absolutely. Number one. Number one with a bullet.
Rashad Bilal
Not number one.
Troy Millings
Number one with a bullet. And Scotty Pippen you dead wrong for the kn.
Rashad Bilal
Yo, listen Scott, look and I I'm on record saying that this is my favorite player of all time.
Troy Millings
I'm no.
Rashad Bilal
I'm no longer what Scotty do. Nah, he's talking about. He never spoke to Jordan. They never were friends.
Troy Millings
Well he said and this is blackout.
Ian Dunlap
He said they never were friends ever.
Troy Millings
Now that, that, that. That's fine. But he said if he would have got drafted by the Atlanta Hawks instead of the Bulls. The Atlanta Hawks. He would have six championships with the Atlanta Hawks.
Ian Dunlap
Oh and Michael Jordan would have.
Troy Millings
Michael Jordan would have three championships with the Bulls. That's the first thing that he said like he's the difference because him and.
Rashad Bilal
Dominique would have won it.
Troy Millings
Yeah. The second thing that he said is that he's better than LeBron James. Crack cocaine is a hell of a drug. Michael Jordan, Derrick Rose, you know Shatoki Satoshi. Yeah. You would have been a three you would have brought you single handedly was hurt man. A franchise that has never won a championship ever in their franchise.
Rashad Bilal
Aba dang win.
Troy Millings
I'm talking about NBA.
Rashad Bilal
Okay.
Troy Millings
Atlanta Hawks have never won a championship. So you single handedly would have got them six ranks.
Ian Dunlap
He says six two I could have lived with.
Rashad Bilal
No, no. Not one. Not one in not one.
Troy Millings
And then you saying that you're better than LeBron James.
Rashad Bilal
That's ridiculous. That's worse than the six.
Troy Millings
Everything is the six is ridiculous. No rings. So Scottie Pippen is going to be the reason why they win six rings. Not one.
Rashad Bilal
Is he saying that would mean that he's saying that he's.
Ian Dunlap
He got robbed on a Hubert Davis call though. That's a fact.
Rashad Bilal
That is a fact. And he put up I. In my opinion the Bulls win that championship.
Troy Millings
Dude set out the game in the fourth quarter. The last play.
Rashad Bilal
Don't do it.
Troy Millings
When his ego was hurt. When.
Ian Dunlap
Tough shot, too.
Rashad Bilal
Tough shot. It's a tough shot.
Troy Millings
Scotty finishing.
Rashad Bilal
Don't do that. Oh, don't do that. Don't do that.
Troy Millings
Don't do that ever. You was lucky to play with Michael Jordan. You was lucky to play with Phil Jackson. You was lucky to play with Dennis Rodman.
Rashad Bilal
Not true.
Troy Millings
Come on, bro.
Rashad Bilal
Not true. They won together. That's the reality is that they won together.
Ian Dunlap
Saying you would have got somebody else. Six.
Rashad Bilal
That's that. That's what happened is you did one or two.
Ian Dunlap
Okay.
Rashad Bilal
Yeah, but I look. That almost diminishes him as a player. He was a great player, right? Yes. Jordan is the greatest player.
Troy Millings
You should have ran off with your ex joint.
Rashad Bilal
That's.
Troy Millings
I mean, Michael Jordan's son that ran off with like. Bro, you need.
Rashad Bilal
He's hurt. Bro. Bro, he's hurt.
Troy Millings
Stop it.
Rashad Bilal
He ran out of money, sold his championship ring. He's hurting, man.
Troy Millings
Scotty, stop it.
Rashad Bilal
That's my guy.
Troy Millings
Stop it.
Rashad Bilal
But I don't really respect the. I'm sorry. The stuff that he's doing.
Ian Dunlap
Yeah, you're going to.
Rashad Bilal
Somebody turn to that for me.
Troy Millings
Stop it. All right. Blackout. Tune in the blackout, ladies and gentlemen. That's a sneak preview.
Rashad Bilal
Yeah.
Troy Millings
All right. It's been real.
Ian Dunlap
LeBron is crazy.
Rashad Bilal
Marcus Freeman. Let's do this.
Troy Millings
Love.
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Title: MAGA 2.0: Trump Meme Coin, TikTok Ban Reversal, Crypto Explosion & Top Trump Era Stocks ft 19 Keys
Release Date: January 21, 2025
Host/Author: EYL Network
Guest: 19 Keys
Duration: Approximately 2 hours and 20 minutes
Rashad Bilal and Troy Millings kick off the episode by announcing the relaunch and expansion of EYLU (Earn Your Leisure University). They highlight new features including 27 local chapters across the U.S., live interactive teaching, and 15 brand new curriculums.
Rashad Bilal [00:00]: "Earners. What's going on? Listen, EYLU is relaunching, revamping, retooling."
Ian Dunlap directs listeners to visit the EYLU University website for more information.
The hosts briefly acknowledge Happy King Day, celebrating Martin Luther King Jr.'s legacy, before transitioning into the main topics.
Troy Millings introduces the central theme of the episode: the intersection of political events and their impact on financial markets, particularly focusing on Donald Trump’s involvement with cryptocurrency and its implications for investors.
Announcement of upcoming segments:
The hosts express gratitude towards their audience for the successful book tour and the support received, emphasizing the importance of reading and executing investment strategies outlined in their book.
Troy Millings delves into Donald Trump’s recent launch of a meme coin, analyzing its swift rise and subsequent crash. The coin surged to a $30 billion valuation within 24 hours before plummeting, raising concerns about its legitimacy and potential as a market manipulation tool.
Troy Millings [10:28]: "Trump dropped his meme coin a few days ago. Skyrocketed, made a lot of people a lot of money and then crashed."
Ian Dunlap discusses the speculative nature of meme coins, advising caution to investors. He highlights the lack of fundamental backing and the high risk associated with such investments.
Ian Dunlap [11:09]: "If you're going to invest in a speculative investment, if you're not getting in early, this is for IPOs, ICOS."
Rashad Bilal underscores the potential regulatory implications, suggesting that such maneuvers by a sitting president could lead to tighter regulations in the cryptocurrency space.
Rashad Bilal [12:58]: "This is one of the things where they said like a wallet linked to the coin sold $32 million worth of tokens minutes after the launch without ever buying any."
The conversation shifts to TikTok’s temporary ban and its swift reversal facilitated by a proposed 50-50 joint venture between U.S. and Chinese ownership. Troy Millings criticizes Meta (Facebook) for not innovating fast enough, suggesting that Meta’s delayed response allowed TikTok to reclaim its market dominance.
Troy Millings [22:10]: "This is going back to why all the venture capital funds started to invest in all of these blockchain companies."
19 Keys provides insights into the global influence of TikTok, emphasizing its superior algorithm and cultural impact compared to other social media platforms.
19 Keys [55:52]: "China seems to have some of the best software and technology when it comes for the younger generation wanting to be able to use it."
Rashad Bilal and Ian Dunlap discuss the strategic moves by tech giants and their implications for the future of social media, highlighting the importance of algorithm efficiency and user engagement.
Rashad Bilal [37:44]: "Lockheed Martin, RTX is another one."
The hosts analyze the current state of the cryptocurrency market, noting a surge in both institutional and retail investments. Ian Dunlap warns about the volatility and the potential for significant losses if investors lack proper strategies.
Ian Dunlap [46:09]: "Trading has considerable risk, please consult your advisor."
19 Keys discusses the ethical considerations of investing in meme coins, especially those associated with controversial figures like Donald Trump. He raises concerns about the moral implications versus financial gains.
19 Keys [77:51]: "We live in globalism. Yeah. I mean like the borders have now changed."
The conversation touches upon the potential regulatory crackdowns and the influence of major players like BlackRock and Rihanna Armstrong in stabilizing or destabilizing the crypto markets.
Rashad Bilal [55:38]: "We have to have these conversations on the back end."
The hosts present a list of top stocks poised to benefit from Trump's presidency, including:
Ian Dunlap [25:24]: "We saw them sit next to him. Meta for sure. Google for sure. Amazon's going to do incredibly well."
Rashad Bilal expands on sector-specific investments, highlighting opportunities in defense, infrastructure, energy, and technology sectors. He emphasizes the importance of government contracts and technological advancements, particularly in AI and data center proliferation.
Rashad Bilal [36:43]: "Goldman and JP would be my top two."
Ian Dunlap stresses the importance of companies that align with Trump's economic agenda, predicting significant growth and stability in these sectors over the next four years.
Ian Dunlap [30:08]: "Obviously, I think tech and oil are going to be on fire once again."
The discussion includes a critical look at Barons Stock Picks, where Ian Dunlap advises sticking to proven investment strategies rather than frequently rotating investments based on stock pick lists.
Ian Dunlap [38:38]: "Stick with the thing that is working is much better than chasing something new."
Listener Question: Thoughts on 2x leveraged ETFs for young investors with a long-term horizon.
Ian Dunlap [46:09]: "I think they are good. If you have your core down... I would not make this a main investment."
Rashad Bilal [48:17]: "Create a plan that's stable and, yep, be disciplined with that."
Guest Speaker 19 Keys emphasizes the importance of resilience, adaptability, and strategic planning in navigating volatile markets. He critiques the current state of financial markets, highlighting issues like financial nihilism and the erosion of trust in traditional systems.
19 Keys [66:00]: "If we want to have true unity, then you have to force those CEOs, force those presidents to come to the table."
Discussion on the potential for a Black-owned social media platform:
19 Keys [63:34]: "If you have a formula or a system that works, stick with it for at least a half decade."
19 Keys [66:00]: "I don't believe it's going to happen because it's black owned. I think it's going to happen based on utility."
The hosts tease upcoming episodes and events, including:
Guest Speaker [120:25]: "I put out there, if you want to learn how to communicate like myself, you'll get phenomenal results."
Brief mention of sports highlights, specifically the Kansas City Chiefs and their championship run, serving as a metaphor for strategic planning and resilience.
Rashad Bilal [135:05]: "Shout out to Pat Mahomes, my commander."
Final encouragements to listeners to stay disciplined in their investment strategies and maintain focus amidst market fluctuations and societal changes.
Rashad Bilal [135:10]: "Keep your head back in the game. Focus on the victory."
Rashad Bilal [00:00]: "Earners. What's going on? Listen, EYLU is relaunching, revamping, retooling."
Troy Millings [10:28]: "Trump dropped his meme coin a few days ago. Skyrocketed, made a lot of people a lot of money and then crashed."
Ian Dunlap [11:09]: "If you're going to invest in a speculative investment, if you're not getting in early, this is for IPOs, ICOS."
Rashad Bilal [12:58]: "This is one of the things where they said like a wallet linked to the coin sold $32 million worth of tokens minutes after the launch without ever buying any."
Troy Millings [25:04]: "It's unprecedented territory. A president has never backed an investment before publicly, to my knowledge, ever in the history."
19 Keys [55:52]: "China seems to have some of the best software and technology when it comes for the younger generation wanting to be able to use it."
Ian Dunlap [46:09]: "I think they are good. If you have your core down, your core four or five stocks and you have a separate account for riskier investments, I would not put it in the main account."
Rashad Bilal [66:00]: "I don't believe it's going to happen because it's black owned. I think it's going to happen based on utility."
19 Keys [77:51]: "We live in globalism. Yeah. I mean like the borders have now changed."
Troy Millings [134:44]: "Blackout gonna be interesting."
Meme Coins and Political Influence: The launch of a Trump-backed meme coin serves as a cautionary tale about the intersection of politics and cryptocurrency. Investors should exercise due diligence and be wary of high-risk speculative investments.
Social Media Dynamics: TikTok’s temporary ban and its reversal through a joint venture underscores the competitive nature of social media platforms. Meta needs to innovate rapidly to reclaim market share, especially among younger demographics.
Stock Market Opportunities: Trump’s presidency is anticipated to positively influence certain sectors and companies, presenting lucrative investment opportunities. However, investors should remain cautious and focus on fundamental analysis.
Crypto Market Volatility: The crypto market remains highly volatile, influenced by both institutional actions and retail investor behavior. Strategic planning and risk management are essential for navigating this landscape.
Future of Social Media and Technology: The episode highlights the shifting paradigms in social media influenced by global trends and political maneuvers. Emphasis is placed on the importance of utility and innovation over mere ownership or identity.
Investment Strategy: Consistency and adherence to proven investment strategies are emphasized over chasing fleeting opportunities or relying on speculative trends.
The Market Mondays episode provides a comprehensive analysis of the current financial and technological landscape influenced by political events. The hosts, along with guest 19 Keys, offer valuable insights into navigating the complexities of meme coins, social media dynamics, and strategic stock investments. Listeners are encouraged to stay informed, remain disciplined in their investment approaches, and engage in high-level conversations to secure their financial futures.