Mando partially agrees with Chamath's concerns about Bitcoin being hacked by quantum computing and believes it could hold Bitcoin back from reaching $200,000 or $500,000 “I do think that Chamath's comments, they are true to an extent” “Whether you believe quantum's going to happen or not, I think it caps Bitcoin's rise” “People are a little bit scared about Bitcoin. Could Bitcoin go to like $200K or $500K? I think this needs to be resolved first” “You need institutions to be like, okay this is fixed” “It feels as though with all the other hacks that have been going on, whenever that happens, everyone gets worried about crypto”

FaZe Banks explains why Kimchi partnering with Bottega Veneta is a huge win for the industry FaZe Banks: “He’s for sure gonna be able to leverage all this attention to go make $40,000,000. He's 22 years old” Ansem: “Bro he got a partnership with Bottega Veneta. That’s lit” FaZe Banks: “It is lit. I don't care if that's your cup of tea. I don't care if you want to wear Bottega but one thing is fact. We should all be able to come to the consensus, that is good for crypto” “Crypto's biggest issue has been swagless, aura-less. Objectively this is good for us like legitimately could be good for Bitcoin”

Threadguy says people like Kimchi have completely ruined dating by flying girls around on private jets “Honestly people like Kimchi ruined this. ‘Oh, I'll take you out on my private jet.’ It's like, what? Private jet? What are you talking about?” “I love tricking but I know what I'm working with. We could go out and have some fun but the jet is like, it's like $40,000 to fly in a jet” “The other thing is one, you gotta swipe up with financial means and then number two is you’re DMing 5 girls” “You’re right Ansem it's hitting the group chat of like five. Five people are reading it” “You're solo squads and the odds are not in your favor”

Based16z shares his advice for young people looking to achieve financial freedom “I've been spending a lot of time right now working on Whop. I think that's really interesting and also embodies a lot of how you might describe the set of options for someone with the goal of achieving things in an economic sense” “I think that's a goal for a lot of people and was definitely a goal for me, to get my own economic freedom because I always felt somewhat hamstrung by it” “My parents could be like, ‘Hey, you can't do this. We're not going to support this or we can't afford this,’ or whatever” “If you have that as a goal then I think it's good to not go into a traditional job and try to do something on the internet for yourself and build equity in it or build skill in it or build specific knowledge” “What that is, is just so changing and I'm probably too old even to understand what the coolest one is. Maybe it's building Roblox games now right? There's some kids going insane on that” “Part of the Whop thesis is just like hey the smartest and most motivated people in the world are going to try to figure out their own things to do and it's going to be ever changing and an ever evolving meta” “It's even beyond crypto. I wouldn't tell someone, ‘Hey, go into crypto trading.’ If you had a real passion for that, I'm sure you can still do well starting from nothing” “You can make it doing anything as long as you love it” “You gotta work on something that's interesting to you, that's working for yourself, that's probably a little bit new and is hard to explain to old people and that you're going to have fun with”

Togi thinks making millions from stocks is much cooler than getting rich trading memecoins, saying memecoin traders have no aura “No shade to Kimchi but he made $40,000,000 off of TRUMP. It’s so not cool” “You know who's cool? The Big Short guy. Roaring Kitty. Wolf of Wall Street. The point is it's very cool to make money the old fashioned way in the stock market” “How legendary is it to want to be that guy that made $10,000,000 doing stocks, the guy that made $5,000,000 fishing? It's much cooler than the guy that made money gambling” “The memecoin thing is very shady. So it's like that just has no aura”

Ansem says his HYPE price target is so high he can’t even put a number on it “My target for HYPE is just so high like I don't really have a price target for this cycle” “I just think if they're going to consume all of finance then how do you even price that? Because there's so much that they can do”

FaZe Banks reveals he once turned down $500,000 to promote an NFT project on his Instagram story “I've made some mistakes but I've never scammed anybody. I've never taken a dollar from somebody behind their back” “I've left tens of millions of dollars on the table in just like sketchy, shady bags” “I got offered one time $500,000 to post an NFT project on my Instagram story. On the phone, we'll send it to you right now. All you gotta do is shill this NFT” “If you were around during NFTs, you know I had motion like that and I declined it because that's just not the right thing to do” “I never dropped an NFT project because I wanted to always do it right”

Sui announces Agentic Payments in collaboration with Alibaba “Agents are getting really good at doing work for you but they often fall into problems where they cannot pay for the tools or access the tools that are necessary for that work to be done” “So today we’re announcing Sui Agentic Payments” “Sui Agentic Payments allow you to set the spend limits and rules around an engagement and agents do the rest”

Kaleo, Minh, Trader Mayne and Marty reveal their strategies for the $50,000 Hudi trading competition at SUI Basecamp Kaleo: “I longed SUI. Market took a big dip this morning, I think it bounces a little bit. Might have some more downside left later but playing a little bit of a bounce” Minh: “We got SUI and we got DOGE. Just trust” Trader Mayne: “I think the key here is going to be to not lose money. I think that might be the strategy, just to let these guys kind of chip away at their balance and then just come out a little bit of profit at the end” Marty: “I watch the gamblers. Where the gamblers are is where the price will go” “Binance will liquidate the gamblers. So sit there and wait, trap them. That's my strategy. It always works”

Threadguy realizes Solana Doomer who made $25,000,000 this year might be him in a parallel universe “In what percentage of parallel universes is that guy me? Quite a few of them” “GOAT to TRUMP to PUMP to Zcash? That should have been me bro”

Wise words from Threadguy “Everybody wants to make a Kimchi but in order to make a Kimchi, you got to make a Threadguy first. That’s the reality of the situation” “Or I was up a Kimchi, I round-tripped and I sold a Threadguy. Something in between” “But in order to make a Kimchi, you got to make a Threadguy first. It’s just the way the world works”

Farokh says traders need to let the leaders lead and thinks BTC, PUMP and HYPE are the best-positioned majors for October “BTC, PUMP, HYPE. I think you can’t be better positioned in October in terms of majors”

JUST IN: Vlad Tenev reveals Robinhood plans to offer thousands of stock tokens and tokenize private companies at scale “With our work in Robinhood Ventures, we’re building great relationships with private companies here” “Now we have unique access and opportunity and a lot of them have reached out about how can they be a part of tokenization”

Mando explains why you should take profits when a coin hits an all-time high “We were talking about a coin and Farokh was like, ‘But it's at all-time high. Why would I ever sell?’ I was like, ‘Well, that is the time to sell’” “You don't want to sell when it drops 40%. Trust me, that feeling of selling when it's down 40% sucks and then it goes down 50%” “If something hits all-time highs, take some off the table” “I think you sold half of your CASHCAT position after we spoke and it has been down only since”

Threadguy reveals he and Rasmr left the US Open just 30 minutes into the match after Vlad Tenev followed MEME “We bought stupidly expensive tickets. We're sitting really close. We've been there for 15 minutes and then all of a sudden Rasmr’s like ‘Oh my God!’” “I look over and it's like Rasmr on Dexscreener... He goes, ‘Oh my God!’ While it's silent. The only thing you can hear is like Alcaraz moaning when he hits the ball” “I look over at Rasmr, it’s MEME and it's just candling. Everyone's looking at us” “Rasmr’s like, ‘Yo, hello? Hello? What happened?’ He's on the phone. I'm like, ‘Rasmr,’ he's like, ‘Oh my God, Vlad followed!’” “So we're all sitting here and we're all shaking. I'm like, ‘What do we do? What do we do?’” “Finally the point ends or whatever and I'm like shush. Rasmr’s on the phone talking to Elliott. It's silent in this place. I'm like, ‘Guys, shush.’ Everyone's looking at us” “Also, we're sitting way too close. Like, I feel like if you're in the back you can be a little rowdy but not when Alcaraz can make eye contact” “I'm like, ‘We gotta get up, right?’ Because everybody's like balls deep in this coin and so we run out. You're not even supposed to leave. If you get up people get mad at you for getting up” “The first set isn't even over. We’re like 30 minutes into this game and I'm like, ‘Guys, what do we do?’ And they're like, ‘We have to leave’” “I'm like, ‘No, we can't leave. We spent so much money in these tickets. We cannot leave…’ They’re like, ‘We're leaving’” “So we basically just sprinted out of the US Open and went home”

Threadguy says Unipcs’ comeback is one of the most impressive runs he’s ever seen in markets “Early 2024, Bonkguy was the truth. He was like the GOAT. The bull market kicked off with Bonkguy being up $10,000,000 on a BONK long” “He goes on this generational run. People weren’t posting PNLs back then either. He posts an eight-figure BONK long, kicks off the craziest bull market of all time” “He was basically the face of onchain for the craziest onchain cycle of all time and then the whole thing collapses” “10/10 happens… he gets crushed and then the whole way down, he basically became like the laughing stock of CT” “He went from like hero to meme and crypto loves this story right? It’s like build the guy up as big as humanly possible so we can crush him on the way down” “From the depths of the ashes, he just like didn’t stop. Coolest guy in the world to worst guy in the world. Just kept posting, kept trading and then runs it back in everyone’s face and becomes like a hero again” “I gained a ton of respect for him because to not get run out of town when the mob and the cool kids club or whatever turns on you, it’s brutal” “He ran it back turbo, in everyone’s face with the same playbook, the same guy and the same coin. Useless is ripping again” “It’s honestly one of the more impressive runs I’ve ever seen in markets”

Threadguy says there’s no other corner of the internet where people livestream themselves making $1,000,000 a month “The crypto onchain crowd, the Hyperliquid wallets, the guys like Flood, the guys that watch our stream and are in here every day, make more money than anyone” “It is now really for the first time verifiable” “Stanley Druckenmiller is making more money than Cented, obviously, by a ridiculous margin but he’s not streaming it” “I don’t care what you think of his methods, the way that he does it, the way he approaches the markets, the style, the low cap” “This guy has livestreamed himself making a million dollars in a month. Every trade, every click. There’s no other pocket of the internet where that exists” “Think about that for a second. Livestreaming himself making $1,000,000 in a month” “Nobody is able to do this except for this little pocket on CT”

Kevin Hart gives his biggest piece of financial advice “You don’t understand finances until you mess up and have a better version of respect for it” “Everybody has the best money advice in the world but I’m just gonna keep it 100. Making the money one time, easy. Keeping the money after you made it, hard. Making it again, harder” “Banking wasn’t a thing that was discussed in my household. When you talk about what you should do, what you’re supposed to buy, how you’re supposed to save, how you’re supposed to invest, I didn’t get all this until… I’m in my 30s” “I would say to the younger generation that is now making money, security and protecting yourself so that you are never without, it should be a priority” “Getting out of the hole is what made me respect the hole. I respect finance. I respect investing. I respect making your money make money for you” “I’m smarter at the age 47. You look at me, go back to 35, 36 man, it was not the same”

Austin Federa explains why DoubleZero is building Wall Street-style infrastructure for crypto “The whole vision was the internet's fundamentally broken. It's especially broken for this whole class of new finance, of crypto and prediction markets and trading” “The internet was never built for mission-critical data” “Wall Street and traditional finance got this right. You build dedicated high-performance infrastructure” “We wanted to open that up, democratize it, make it possible for traders anywhere in the world to get the same high-quality networks that the biggest trading firms in the world have”