Ep 184: Feelings Check In On Becoming a Memecoin Trader

[00:00] I don't know what the fuck I'm talking about. I've done this for literally maybe seven, eight, nine working days. So like, do not take this as gospel truth. This is like someone who doesn't know what they're doing, learning. And like, you can hear about my experience of learning and you're welcome to give me notes and hit me up on Twitter and tell me how wrong I am. That's I'm open to that. But just know, like, I'm no quant. The Feelings Check-In is a podcast for people who love to listen to two women overshare [00:30] navigating careers in tech and trying to have a personal life. I'm Natasha Hoskins. I'm Dina Burke. And this is Boys Club. Wait, is it just Boys Club? It's just Boys Club. The Boys Club podcast? No, no. [00:44] Just boys club. - Hi. - Hey. [00:47] We haven't done this in a while, it feels. Yeah, it's been a minute. [00:50] I feel like part of why I feel that way is... [00:54] because I've been dying to talk to you about my skincare experience. [01:00] treatments in Thailand. We've not talked about this on the pod. We haven't, no. [01:05] - Drop the routine, queen. - Well, I saw somebody on Saturday. A few people, they've been like, wow, your skin looks amazing, which is the nicest thing and is so kind when people say that. And instead of just being like, thank you, I've been like, thank you. [01:18] It should look amazing based on what I did to myself. Here's the investment. This is a return on the investment that I am expecting. Exactly. This is not like this is a necessary ROI. But I won't go too full into the story, but I will just say I got something done in Seoul that I loved.

[01:37] which is juveluk, which is a natural plant, [01:42] loosely held. [01:46] It's a collagen stimulator. And it is essentially what they inject it into your face like they do Botox. And it helps the [01:56] Cells underneath the first layer of your skin produce collagen. So it's a quote unquote natural filler, which in the United States is, [02:05] They just push filler. They don't do anything like this. And I think in the next five years, all anybody's going to be doing is these types of like Korean. They're not FDA approved yet, but like Korean collagen stimulators, because it's rejuvenating for the cells instead of just filling with synthetic material into your face. You heard it here first. I would love a scientific fact check on that, though. [02:26] because I do I do you don't trust my TikTok research I just think that I'd love to get like a [02:34] I don't need FDA approval, but it kind of is falling into the same vein for me as when people talk about toxins. I'm like, what exactly... [02:42] is a toxin is a toxin what exactly are you talking about so i just would love just to [02:48] Just a fact check on it. Like, is it really happening at the cellular level? [02:52] Is that even possible? I would love to know that, too. Yeah. So if you're a dermatologist, please, we'd love to have you on. Truly. So anyway, I did it in Korea. They said, for your condition. They kept saying, for your condition, this is what we recommend. I was like, okay, thanks. I don't like Manderize. And I am going to get a lower...

[03:09] I think it's called a... [03:10] blessseftomy or something yeah yeah something it's like five grand i i have who i'm gonna do it with i'm gonna trade enough meme coins to get my under eyes done that is what i'm gonna do so that's my goal and until then i'm doing juvalook and it's not impossible to do it in the states so i was like i'm gonna do it when i go to asia and found a place and then miranda found another place across the street from our hotel and she was like they have a juvalook special on sundays it's half price [03:40] I move my flight up so that I can get to this place in time. - Okay. - Essentially go straight from the airport, [03:45] To this med spa. Mm-hmm. [03:47] And [03:48] uh, [03:49] Miranda and Ava had gone to the Medstabah the day before. They said they had an amazing experience. They were all rave reviews. And I get there and it's great. And it's like clean and they're nice and whatever. And I sit down with the doctor. And I was like, look, I know what I want to do. I want to do Jubalook and I want to do some Botox. And she was like... [04:05] Great. [04:05] Why don't you want to do filler? Like she was really pushing me on filler and she was like, and I was like, do you not do Jubalook here? And she was like, no, no, we do Jubalook. There's a special on Sundays. And I was like, okay. And. [04:15] Then the lady comes up who doesn't speak very good English. The doctor spoke really good English, but the assistant doesn't speak great English. And she comes up and she shows me the price. She says, happy Sunday. I was like, I don't understand the Sunday thing. Like, okay. So then we lock in what I'm going to do. [04:30] And I start to feel nervous [04:33] And I go and how have I found myself in Thailand at a clinic that I have no no no connection to with under the.

[04:42] care of these people who have, for all I now know, [04:46] credentials credentials i saw something on the like on that was framed that was like some it said something like america and i was like oh she's licensed in america and then i was like oh no the school is just called america like america cosmetics in bangkok i was like okay so i'm sitting there and they put numbing cream on my face and i and my nerves are building as i'm as i'm sitting there and i'm also alone like it's a lot easier when you're with some friends and you're like we're all doing this but like and so the doctor comes in [05:13] And she has the vial of Jubaluk. [05:15] And she goes, this is what you're looking for, right? [05:18] Which is not reassuring. No. At all. And I was like, yeah, like, you've done this. You tell me. You've done this before, right? And she was like, yeah, we just, like, don't really do it for, like... [05:28] for volume loss. Like we just do it for like skin texture here. So like, I was just curious about that. And I was like, okay, [05:35] Okay. [05:36] And then she leaves and then the nurse comes in and I was like, I'm starting to feel very nervous. Like I'm starting to think like I'm going to bail. And the lady like gives me a stuffed animal to hold and start to get like really taking care of me. And so then they come in and there's three women. One woman who is just massaging my feet to distract me. Nice. So sweet. One woman who's like helping the doctor. [05:56] And the doctor says, I'm going to put some lidocaine in your face. And I was like, OK. [06:02] I've never done that. [06:03] I don't know anything about that. [06:06] And they're thinking I'm nervous about the pain. And I'm nervous about their actual pain. [06:11] proficiency in this thing. Long story short, my whole face goes numb. And I'm like, I'm going to go blind. There are lidocaine injections?

[06:18] Lidocaine injections. Oh, forget it. Lidocaine injections into my underneath my eyeballs. And I was like, [06:25] "Am I gonna go blind?" [06:26] And then they start laughing. And I'm like, no, that's not reassuring. And then the way that I got Juvedilook done before was little tiny needles like Botox. Teeny tiny needles. Like, whatever. [06:37] All along, you're on dry. [06:40] This woman goes, it's not going to be that bad. Look, the needle's so small. She shows me the needle. It's huge. It's a pick line. It is a pick line that she puts into my eyeballs, basically, and starts like, you know, when you like have an IV and they're like taking out and putting the fluid. She's doing that. Forget it. And I was like, I have strayed from the Lord. Like, this is, we need to reset completely. I used to be scared of getting Botox at like Tribeca dermatology. And now I'm normalized too much. Way too much. [07:10] But then it worked. So I don't know. Great. I haven't seen you in person. So it's hard to tell because you always look beautiful. But I so much. I feel that I need to reset and I feel that I just need to go. [07:22] get the clasmatic surgery that I want to go get. It's $5,000. Every time I get you to have a look, it's $1,000. So, like, it's... [07:29] Not, it doesn't make sense after a certain point. [07:33] Mm-hmm. [07:33] Wow. Anyway, that's my story. People were like, how's DEF CON? And I was like, well, I have a little story for you about my face. Anyway, okay, this is the feeling to check in. Yeah. What are we doing? [07:47] Today we're going to talk about my feelings around meme coins.

[07:50] You have gone full... [07:52] court press full degenerate full send i'm full coins i really have i've gone i've dove in completely and i'm just gonna give everybody the play-by-play on why the who what when where of my meme coin journey thus far hey natasha so a question we get asked a lot is what do you look for in a crypto platform so let's talk about it well dina i look for a secure no fuss platform that i can dive into right away that's why i love today's sponsor kraken if you're waiting for the [08:22] to get into crypto, Kraken makes it super easy and intuitive to get started. Plus, if you get stuck, they have an award-winning client support team that's available 24-7, along with a bunch of educational guides, articles, and videos to help you along the way. If you're ready to check out the simple, secure way to trade crypto, go to kraken.com backslash boys club and see what crypto can be. Not investment advice. Crypto trading involves risk of loss and is offered to U.S. [08:52] it blew up. [08:53] And I had a visceral... [08:55] almost angry feeling. [08:57] about... [08:58] working in this industry and [09:01] Not. [09:01] getting rich. [09:03] Like I was like, I'm upset. I'm like, and like, that's a bad feeling and like, [09:07] It is revealing about something in me that I don't really like. [09:13] Then I was like, you know what? [09:15] every single person that i know that has made a lot of money in crypto has taken some very big swings and i am not in a financial place where i can take some very big swings but i am in a financial place where i can take five thousand dollars

[09:28] and take half of that and put it in some coins that I think [09:32] over the next three to five years are going to have some sort of return. And this is in addition to the already the exposure that I have in [09:41] solana and ethereum and bitcoin like that exists and then i was like okay [09:45] In this moment, how much am I willing to spend? And I was like, I'm going to put another $5,000 into crypto. $2,500 into crypto. [09:53] stable, not stable coins, but like more somewhat stable assets that I think will have a return over some time and another twenty five hundred dollars into meme coins. And I'm going to take that and I'm going to go to the casino and I'm going to see what I can do. [10:06] And... [10:08] So again, this is separate from my existing crypto portfolio. Then I was like, I don't actually even know where to begin. I have absolutely zero idea what to do. So I send a tweet out that says, can someone make me some money in this cycle? Help me make some money. And I get a few responses from people, which was really kind. One friend was like. [10:26] come to this office when you get back, we'll set you up. I'll help set you up. [10:32] He was so sweet. He made a little deck for me talking about ways to make money. It was really nice. And then more than anything, I was like, look, I have $2,500 in USDC. [10:43] I do not know. What do I do now? [10:45] Yeah. And [10:46] I want to have a separate wallet. [10:49] that I set up for MemeCoin Training. [10:51] Okay. And why did you want to set up a separate wallet? Because I wanted to be able to see like how up or down I was on that specific wallet. Keep it clean. Keep the data clean.

[10:59] Keep the data clean. I have found that that has not exactly worked because there's all these other apps that now I'm using that you transfer money into. So it's not as clean as I would like it to be, unfortunately. [11:11] I spin up a new phantom wallet. [11:13] Sending that money to the Phantom Wallet actually was kind of difficult because I had to get some of it [11:20] in Ethereum on base and some of it into Solana. So those are the two sort of like places that people are trading mean coin. Okay. So you took that 25 and you split it again. [11:28] And I split it again. [11:29] half into Solana and half into [11:31] based on Ethereum. Okay. Because those are the main places that [11:35] Base meme coins and Solana meme coins are the main things that are going off. And this was the advice of your friend? Partially his advice and then partially like we like pulled up some chats and saw what people were. And he was like, look, these are where the meme coins are traded. Then I got on an app called Friends. [11:52] which is where you can essentially see what different trades people are doing in different friend groups. So they're group chats, essentially, that you have your wallet connected to, and you can see what people are trading. And it's really fun. It's really funny because... [12:06] you can see when people buy the top you can see when people sell the bottom like it's interesting and fun and got invited to a few group chats there created a few group chats there and posited 500 of ethereum on base from that [12:19] wallet into [12:20] my wallet on. [12:23] Friends. Mm-hmm. So splitting the baby again. Yeah. Yeah. [12:27] And let me just say,

[12:29] I couldn't be more clear about this. [12:32] Everything that I've learned about meme coin trading, [12:34] It is gambling. [12:36] There is no other world. Anybody who tells you otherwise is lying to you. [12:41] You are at a casino. You are sitting down at a blackjack table and you are having fun. And it is really fun. But there is a huge chance that you are going to lose all of that money. And so just... [12:53] Just know that. Just know that if you're thinking about it. And [12:58] I would say, when I go gamble, I go to a $25 company. [13:02] blackjack table because I want to enjoy it for a few hours. And... [13:06] If you're making big swings, you're going to lose that money quicker. So just be slow about it. So anyway, I'm on friends. That's another app that I'm using. And then the other app that I'm using is Hype. [13:16] Which Maya's brother, Amaya Bakai of Spice Capital, her brother has an app called Hype. I'm not on Hype yet. I would say that Hype is for like... [13:27] And then I got added to a group chat, a few group chats about hype. [13:31] This is basically the order of ceremony. You have money that you put into a wallet. You split some of that money into other applications where you are that are more social that you can see people trading on. And then you get invited to an unending amount of group chats on Telegram, on iMessage, on all of these things. And you are constantly overloaded with information. You could spend... [13:52] Every single moment of every single day trading meme coins, and there would still be more meme coins that you could trade. Mm-hmm. [13:58] So all that starts to happen and I start to play around. And I'm up, I'm up like 500 bucks from like trading little meme coins here and there, little bit there, little bit here, in, out. You have to pay attention because you can wake up in the morning and it can all be to zero. Like genuinely these things can like go to zero. And what I've learned is that there are genuine shitters, which are like tiny market caps where they're like launching on WoW,

[14:24] or Pump.Fun, which are two other sites that are ways for people to launch meme coins. And you're trying to get to a certain amount of liquidity in that for it to actually hit some sort of bonding curve so that then other people can trade in it. I don't fully understand that. I've only participated in one platform. [14:42] wow coin that was launching it was called queen and i got invited to that i put a little money in [14:49] It hit some sort of bonding curve. It actually launched. [14:52] I took out what I had initially put in and then it all went to zero. Me too. I was in that too. Oh, you were? Okay. Yeah. And I did the exact same thing. And it was pretty fun to watch, but it didn't last. [15:05] And so that's some of my experience. The main learning experience that I had was when the blonde and brunette thing went off. So there was a meme coin that was launched by a bunch of our friends called Blonde, which was really fun and really cool. [15:22] And I buy a little blonde and I buy a little blonde on, or you bought a little blonde on the boysclub.eth. And I have a friend who hits me up who I've been training me, learning how to train meme coins with. And he was like, you have got this. [15:34] to launch Brunette. And I was like, no, I'm not going to do that. Like, I don't know how to, I don't know. I'm just getting started here. Like I'm just getting my feet wet. And he was like, oh, there's already a coin that somebody launched. And I was like, oh, that's kind of cool actually. [15:47] Then, and I was like, yeah, but like, I'm not going to do this. [15:50] And... [15:51] He was like, it's important that you participate and sends me $3,000 worth of brunette into my wallet.

[15:57] And he was like, just see what you can do. [15:58] Just see what you can do. [16:00] And I was like, okay. So I start [16:03] playing with it and I'm like start tweeting about it and like it's an easy like brand identity to get it's a meme coin that I'm like oh I can understand what the like brand identity what the meme is around it where a lot of these other meme coins like. [16:15] I don't really know what the joke is. Like... [16:17] Like Rizmas doesn't really make me laugh that much, but other people seem to love it. Or like Dog with Hat or like Ski Mask Dog or something like all these things that people think are funny. Like I haven't found a lot of humor in, but the brunette blonde thing, I was like, oh, I can like I know what the meme is and like I can get behind that. [16:34] Anyway, long story short, had a bunch of fun with it, made some money, and... [16:40] still hold a lot of it, didn't dump it. But there's like, it's crazy because there's definitely like an etiquette that I didn't realize around it where like... [16:47] There was one point where I could have cashed out almost $20,000. And I was like, wow, I'm so tempted to just cash this out. But like, you're making your friends the exit, your exit liquidity. And that. [16:59] There is a balance to that in how much you do that and how much you're willing to just get your winnings from somebody else's losses. Totally. And that feels like a dynamic that is new to me and that I'm like definitely winning. [17:12] don't want to... [17:15] want to play the game and want to be at the casino and understand that like i'm somebody else's exit liquidity just as much as they are to mine but this blonde brunette thing didn't feel like the time to do that but all in over the past two weeks of trading mean coins i've made about five thousand dollars which i feel really proud of a remarkable number thank you really incredible stuff what were some of your best trades my best trades were um okay so actually i haven't made a killing on one

[17:45] There is some, and I don't know, some person could say that this is an absolutely stupid way to do it. But essentially taking 5% to 10% skimming off the top. And you have to be like watching the trades a lot to do this. But like skimming 5% to 10% off the top of trades that are pumping. And keeping like as much of your initial investment as possible. But like let's say something, I put $300 in something. And then it goes up to $400. [18:15] or Ethereum. And then I'm also like building the way that I'm thinking about is I've not cashed any of that out to actual USDC or like into my bank account. I basically have just kept it in Solana or Ethereum. And I'm like, since the market's so hot right now, that will continue to like, [18:31] Hopefully those numbers will continue to go up. But at some point I am going to need to cash a little bit of it out. Because I'd love to replenish... [18:39] some of my bank account. I looked at like my actual bank account today and I was like, oh my god. I was like, I need to put some, but then like there's tax implications to like moving it out of those wallets. So and that feels really unclear to me. There are tax implications for every trade as well. [18:55] Well, but I will say there's software that you can just get a subscription. It just pulls all your trades and it will basically spit out a number at the end where it's like, this is what. [19:04] it is okay okay um great i'm gonna need that because you're gonna need that now i'm a traitor yeah um anyway so i'm having a lot of fun i want to keep doing it i think that i want to get all of my friends involved who want to get involved and i just want everybody to know like i've always loved gambling people know like i love going to vegas i love a casino i love to play blackjack i love to get craps and like that's what i'm doing you're just doing it online with your friends and

[19:34] learned is if you have a high tolerance for risk and you like gambling then meme coins are going to be really fun for you i think that the other thing that i've learned is i have a real understanding of like what it means to spin up an economy in a way that i did not before and also how [19:51] you need to be an actual legitimate economist for a token to work. All these people who are [19:59] launching tokens and who are not economists who think that they're spinning up an economy around their token are incorrect and so i think that it's not that serious that's how i feel about all the meme coin stuff it's like so deeply unserious and to come back [20:15] to it with any other position and posture besides that is foolish. [20:23] But that's kind of at odds with you saying that it requires some economic thinking to launch a token. [20:29] - Oh, I'm saying like a legitimate token. Like a OP. - Okay, okay, okay, okay. - Or like, do you know what I'm saying? - I got you, I got you. - Not a meme coin. Like a meme coin, you and I could launch one right now. And I think all that it is is marketing and being able to be funny and smart and to have some access to people with pull. [20:53] That's all that it takes to launch a meme coin. I'm not saying that that meme coin will stay [20:58] Up. [20:58] And that it will have any legitimate value over the course of even five hours. But I do think we could legitimately launch meme coin and get it to like a four or five million dollar market cap just by being like funny. I think that that is true. It will dump immediately. But that's right. So to have a legitimate economy around a token and a network, I now feel like I have a deep understanding of how incapable I personally am to do that work.

[21:25] And I feel really like happy to know that. What a gift. What a gift. What a gift. That information is. Yeah, I feel like the gambling thing. Some people bet on horses. Some people bet on the big game and some people bet on memes on the Internet. And that's what you're doing. And to intellectualize it any more than that. [21:44] is... [21:45] false false it's misguided the other thing that i think is you will be probably more successful at trading with you coins [21:54] If you are deeply online, all that it is is like a funny thing happens on the Internet. It becomes a meme and then it becomes a meme token. [22:01] a meme coin [22:02] That's all that happens. And... [22:05] I was talking with a friend and I was like telling him about the holding space video right after it came out. I was like, look at this holding space. It's so fucking funny. Like I was just like dying at it. And I was like, there has to be a meme coin for this. [22:16] A few hours later, he sends me the meme coin, and that meme coin absolutely, absolutely, [22:20] explodes and i should have sold at the top because i have no connection to that team and i didn't and i still made like 100 bucks off of it but i was like oh i should have like not nothing but you're always thinking about the moment you should have traded that's the there's the rub right that's how the gambling addiction comes exactly exactly i think if you have any part of you that feels like you could be a gambling addict don't get started on me don't do it do not do it because it's so easy to just like wake up in the morning and be like i'm [22:50] I have had a lot of fun screenshotting on Friends. [22:54] Me buying at the top.

[22:56] And just being like many such cases. Nice. What I don't understand is... [23:00] I have dabbled probably 10% of the time that you have done over the past couple of weeks, and I have made no money. I maybe have broken even, maybe. [23:11] uh, [23:12] But... [23:13] certainly haven't made a profit. Anyway, with the amount of time that I've spent in it, you would hope that there would be some sort of [23:18] return but no I um [23:22] What I seem to always find myself, you chase the pump and you get in on a coin that does the pump and then... [23:29] 99% of them just dump and that's it. And what I don't understand is the [23:35] is the pipeline from [23:37] the initial pump. [23:39] to... [23:40] some sort of sustained attention or volume to then what happens next with some of these bigger ones where it like seems to reach some sort of escape velocity. I don't know. It gets listed on an exchange. It gets, [23:51] it gets picked up by [23:53] I would love to understand that [23:56] life cycle of what is possible. I don't fully understand it. My best guess is that. [24:02] You launch a token, it pumps. And you either get in on the initial pump... [24:07] or you are part of launching it, like on WoW or Pumped Up Fun or whatever. [24:12] And then it takes off. And then it dumps because people do what everybody does, where some people take their full profit, some people take their initial investment, whatever. And then sometimes... [24:23] there's like the second thing that happened like has a second life where like other energy comes around it my understanding is that either it's picked up more broadly it becomes like a trending token on coin gecko or deck screener or something like that and then like it picks up velocity because other people are starting to see it climb and that happens the other thing that happens is that i think bots pick it up like i think there's some

[24:47] thing that happens that I don't understand where or how those bots are finding it. And then there's a bunch of money that comes in that's like basically automated money into those different tokens. I see. Or K or influence me or influencer people who are pumping them. Yeah. And then the [25:05] If you, yeah, if you're getting listed on an exchange. [25:09] - Wow. - Because all of these are being, for me I'm trading all of them in either these like, side apps with wallets in them or on Phantom or Uniswap. Like, people might not know this. I didn't know this, but like, I can't go to like, [25:21] Coinbase and buy [25:23] Riz Daddy. Like it's not available on that exchange. But you can on Phantom or on because you're just pulling the contract address essentially and buying it. [25:36] and then selling it. [25:38] Hopefully are you going to continue? [25:41] I don't know. You can get really fatigued. Dopamine depletion. Dopamine depletion. And also like when the market I've like never been more in tune when like the market's down 3% or up 3% because like your whole portfolio looks like shit, even if it's just like Solana goes from like. [25:57] 220 to 211 you're like oh my god right my whole portfolio is down it's like oh actually just like the base token is down so all of these look bad and that's kind of exhausting and like i had so much fun one day and i like literally felt like [26:10] the next day like true dopamine depletion where i was like whoa like my yeah like a full hangover like genuine hangover and i was like i don't want that lifestyle for myself um so i yeah i feel like

[26:24] I am like I'm down a little bit on one of my wallets and like I don't want to be trading out of like I'm in a deficit because I make really bad decisions. You got to trade from joy. [26:33] You have to trade from a pure, happy place. So, I don't know. I think I'm going to take a little time off. I think I'm going to wait for the market to... Once Bitcoin hits 100K, I'll jump back in. Man, you have... Three years later, having a crypto podcast, now all of a sudden... [26:49] I told a friend the other night at dinner, I was like, I feel like I understand crypto for the first time. And she was like, really? And she's like a very legitimate investor in crypto. And she was like, what do you mean? And I was like, it's all about money. And she was like, oh, no. Oh, no. [27:04] I was like, yeah, I'm fully fully in on. It's just about the coins. Yeah. So anyway, I'm having a lot of fun. I'm really grateful to a lot of people who have like held my hand asking. I've asked some extremely stupid questions. Like I would just say if you're also thinking about becoming a meme coin trader or trader at all and you don't have any experience, like just prepare your heart to find nice people to hold your hand because you can feel extremely stupid. [27:34] Thank you. [27:34] having someone who's screen sharing with you and being like, it's okay, that happens. It's totally fine. Like is really important. And I am really grateful to a bunch of people who have been like, one person was like, I can't believe how crypto illiterate you are. Like you worked in crypto for three years. And I was like, shut the fuck up and show me how to do this. And they're like, okay. So you have to be willing to

[27:59] to feel a little stupid. But like, people are out of people have been really nice. And that's, and I think a lot of people are like learning together. Like, I don't think most people [28:08] I'm not dealing with like quants or like reading the charts and like the tea leaves. Like everybody's kind of just like feeling around in the dark for the most part. Yeah. Is my understanding. So... [28:18] Well, it's gambling. I just want to say it again. It's gambling. It's entertainment. You can't say it. You cannot. You literally cannot say it enough. We're thinking about doing a meme coin show, which will be really fun. And a few of the options for what the show would be called is either exit liquidity, which is just straight up. Here's what you are. You are exit liquidity for something. Don't buy this token. [28:42] or... [28:44] financial advice but the logo would be like with a big x through it which if anybody steals any of those names i will come with fucking receipts of this podcast and be like you don't do this from our podcast don't steal it don't steal those ideas we will come after you 100 hand to god yeah i just think the gambling it's fun it's entertainment it's not that serious stop taking it so seriously also anyone who's doing meme coin-ing [29:09] They also have stepped into a casino. When you start meme coin trading, you are walking into the casino and by walking into the casino, you have opted in. [29:18] to [29:19] being in a player versus player dynamic with your friends your frenemies your enemies and anyone else on the internet who's also doing meme coin trading and i think as much as we can be explicit about that the better you can't say it too many times but i do think that anyone who has who is trading meme coins has opted in and so it's fair game and i don't think we should be shaming anyone for

[29:44] Taking their profits. [29:45] Totally. [29:46] and playing because I think it's fun. It's a game. It's a game. It's a game. I feel like, you know, when you play like a board game with a friend and then there's that one friend who's like taking it too personally and you're like, holy shit, like this is Catan. Calm down. Like, [30:00] there are those people on crypto Twitter. And I'm just like, guys, you've signed up to play Catan. - Yeah, yeah, yeah. - Like, you cannot be upset about this. And I think there's some etiquette, and I'm learning some of that etiquette. - Totally. - To a certain point, but like, [30:14] It's it is what it is. I also just want to say massive PSA and we'll put this in the cold open. I don't know what the fuck I'm talking about. I've done this for literally maybe seven, eight, nine working days. So like do not take this as gospel truth. This is like someone who doesn't know what they're doing. Learning and like you can hear about my experience of learning and you're welcome to give me notes and hit me up on Twitter and tell me how wrong I am. [30:44] One man's journey we have here. Exactly. Yeah. Exactly. [30:47] you [30:48] It's time for a more open, inclusive, and transparent financial system. A system that serves nearly everyone, everywhere, all the time. That's why we love today's sponsor, Kraken. Kraken is a crypto platform that provides a super simple on-ramp to the world of crypto with a 24-7 support team. Crypto transcends physical and imaginary borders. No matter where you are, you can send funds easily and quickly to almost any part of the world. Plus, forget about waiting times and waiting lines. You can send, receive, and trade crypto anywhere near instantly.

[31:17] B at kraken.com backslash boys club not investment advice crypto trading involves risk of loss and is offered to us customers through payward interactive inc no third party transfers available draft tweets here we go so i have a draft tweet uh-huh have you seen the [31:36] Grok, draw me. Yeah. [31:39] Okay. Have you done it? [31:41] I have, yeah. Have you done it? I have, yeah. [31:46] So for those who don't know... [31:48] Grok is like [31:49] Twitter's AI bot. [31:51] essentially and they have this feature where you can go draw me and it will scrape all of your photos or everything you've posted and then give you an image of what grok thinks you look like and a lot of the ones that i've seen online have been like fairly accurate like a funny ai representation of that person that i follow i've seen one or two that was like really off um so i was like kind of excited to do to do it and so mine is a screenshot of what grok drew me [32:21] I will send it to you. And I need to think of a good caption. One of my captions is, "Grok, have you even met me?" Because the picture that they have is this girl who's taking a mirror selfie. And she's brunette with curly hair, which is fine. But with like, huge tits. Like, massive tits that are just out. Like, tits out. And I'm just like, what? Like, in the world? Like, that's so crazy. [32:46] Look at this.

[32:49] And she's in a casino. She's in a casino or a bar or something. And she's got huge shit. And she's like, what the fuck? [32:56] so anyway i'm feeling like i was genuinely i was like deathly ill yesterday like bedridden like fever dream and i was like looking at it like is this real or am i dreaming it's really funny should i say grok do you know me at all or what what the funny thing about that is that there are parts of it that are kind of true true yeah totally like there's parts of it [33:26] what yeah yeah why do you gotta why do you gotta be weird why you gotta be like that grok yeah yeah yeah i guess you could say that why you gotta be like that grok [33:35] that's my draft tweet that's funny that really that really made me laugh great i'm glad i hope to see that one on the timeline i hope it gets i hope it gets promoted i have one [33:51] You told me to tweet this one, but I haven't had the balls to tweet it. Okay, let's hear it. I swear if I see one more bitch tie a scarf around her hat. [34:03] I think you should definitely. I mean, the thing is, we're going to think I'm talking about like the people. Well, the people who have done it are going to take it personally. [34:12] But it's not a comment on any one individual person. I know it's not. It's just that I can like every time I open up any app, it's like another woman with a scarf around her hat. It's just the trend of the moment. It really is. And I will say, Kate, I know Kate's done it. She looks great. Everyone who does it looks so cute and great. And I love it when Kate does it. But I

[34:33] But you can't see it anymore. You're done. I can't see it anymore. I can't see it anymore. I get that. I really understand that. Once you get off social media for a little bit and then you get back on, you just see all the same shit. [34:44] Like it's all the same shit and it just makes you want to be like, [34:47] - Okay, there's nothing new under the sun, and I just, unsubscribe me from everything. - You know what I'm concerned about, actually? [34:53] Not concerned. [34:55] It's too harsh of a word. Concern is a strong word. I'm not concerned about this, but I have one in my kitchen, the paper lantern light. And I know you just got one for your home too. I know. [35:03] i know you think it's over it's a big so for folks it's a big [35:08] paper lantern [35:09] Japanese. Japanese inspired light, pendant light. Mm-hmm. [35:15] And every time I'm on interior design talk. I will say I sent it to my friend Jen who has exceptional interior design taste. She does. Yeah. Like probably the best, the most beautiful apartment. I, she's just really talented. And I sent it to her before I got it. And I said, do you think these are over? [35:33] And she was like, these are timeless. This is a timeless-- I think that's true. And I also think it's going to stamp [35:40] It is a little bit of a 2024 stamp. [35:43] That's a bummer. I literally just installed it. So I know I love mine too. I love it so much. It's, it's creates such a nice light. [35:50] Beautiful light.

[35:55] So... [35:55] Anyway, that's Raph Tweets.