Leicester On “Ghost Chain” And The Recent #BlockDAG AMA (OOC) [COLORFUL LANGUAGE]
Basic CryptonomicsMay 31, 202601:14:22102.15 MB

Leicester On “Ghost Chain” And The Recent #BlockDAG AMA (OOC) [COLORFUL LANGUAGE]

Leicester On “Ghost Chain” And The Recent BlockDAG AMA #Crypto #Cryptocurrency #podcast #BasicCryptonomics #Bitcoin $BDAG Website: ⁠⁠⁠⁠https://CryptoTalk.FM Facebook: ⁠⁠⁠⁠@ThisIsCTR⁠⁠⁠⁠

Leicester On “Ghost Chain” And The Recent BlockDAG AMA

#Crypto #Cryptocurrency #podcast #BasicCryptonomics #Bitcoin $BDAG

Website: ⁠⁠⁠⁠https://CryptoTalk.FM

Facebook: ⁠⁠⁠⁠@ThisIsCTR⁠⁠⁠⁠

Enjoy our programming?  We offer multiple ways to support what we're doing, and appreciate the support.

[00:00:00] Out of Cycle. Happy weekend one and all. We have a lot to unpack and very slim time in which to do it. CryptoTalk.fm, my name is Leicester, I am your host. I committed to doing a weekend update and I did a little bit more digging and ran down a rabbit hole. I ran down a rabbit hole. So I've got three different things that I'm going to be targeting.

[00:00:40] I'm going to be talking about the most recent quote AMA. It's a not, I call it the don't AMA because they don't, you know, but I can't with this recent one. So I'm going to say the quote AMA and I'll get to why I say that. I'm going to talk about that. I'm going to talk about this book. The author's name is AJ Harlan called Ghost Chain, how a proprietary blockchain became the perfect investor trap.

[00:01:09] He doesn't use names at all, but he's referring to block the project. So I'm going to be speaking about the book because I did get the book. It's only 80 some odd pages, 79 pages. So I did get the book. I'm going to talk about it. I don't think it'll take too long, but, but I'll talk about that. And in addition to what was said, I have information directly correlated to what this person say. Okay.

[00:01:34] So first is the quote AMA. Second is this ghost chain book. Those are the two I'm going to be focusing the vast majority of time and attention on. The third that I'm going to be talking about was inspired by something that was happening on CoinMarketCap community.

[00:01:53] I did a high level summary. I'm going to go deeper here and I'll be the tail end. Okay. Let's talk about the quote AMA. This occurred yesterday. So I record this on the so-called annoying voice lady channel on finance and special guest.

[00:02:12] The person known as digital showed up. People were asking about where he was so long as time. And I provided takeaway thoughts on CoinMarketCap. If you'd like to read the in-depth, feel free to check out CoinMarketCap.com. Hit the BDAG asset. Then you'll, I'm sure mine will be up there somewhere. Crypto Talk Radio, Basic Cryptonomics. You can click on my name and you can see all my write-ups I've been doing.

[00:02:40] And I've got a couple of people who have asserted and validated. I'm arguably the most neutral about the whole shit because it's obvious. Now I'll get to the book because I think it's important and kind of cross blends with what I'm going to say, but I want to focus on the AMA, the quote AMA first. Bottom line, they're on the wrong platform. I was told they spend 400 bucks an episode to be on that chick's channel. She sucks.

[00:03:10] She sucks as a host. She sucks. Her network connection sucks. Her camera sucks. Her, she doesn't know how to speak half or nothing. She smiles too dang much. I get the, she's, she's, she's terrible as a host.

[00:03:24] Now here's where I give a little bit of spoiler and then I'll get back to it. Nick actually reached out to come on the show. Crypto Talk FM. And I said, I'd love to have you on the show. However, two, I have two conditions and these are only two conditions. I don't charge. First of all, two, but first we need to make sure. Cause I'm not going to do bullshit takedowns. That's happened. I'm not doing it again.

[00:03:51] So whoever, however, whatever he would have to throttle that and get them to say, leave him alone. Cause he's trying to help. Cause I am trying to help. So that's one, two, I'm going to ask hard questions. We're not talking questions that he wouldn't expect. These are questions I know for a fact he would expect, but they're tough questions and I would need a tough answer. I never heard back from him. I assumed he just wanted to come and do spiel.

[00:04:15] I'm not here to do spiel for you. I'm not here to market you. I'm here to try to help you by getting answers that everybody wants to do because your platform of choice sucks and she doesn't know how to do it. The yesterday's exposed. I get the sense Nick doesn't want to answer questions. And I think it's Nick that doesn't want to answer questions because he had multiple, I counted three times.

[00:04:41] He said, give me your questions. Hit me. Whatever questions you got, hit me. Annoying voice lady had nothing. She had, I think there was one where she asked about what are the cats going to stop and eat you? She was ill prepared as a host. Cause I'm a podcaster. If you're going to do, if you're going to be the host of any platform, you call it an AMA.

[00:05:03] So wouldn't you think that your host should probably have some questions prepared? Now I know in some of the past episodes, she would ask questions, but they were pre-prepared. You could tell from Nick's responses, they had already rehearsed what was going to be asked and he had already prepared an answer. That's not an AMA dude. Okay. Now you can say, here's questions. You need to cite the source of the question so we can verify it's a legit question.

[00:05:30] Question from CoinMarketCap. Question from Telescam. Question from XTwitter. Question from Facebook. Question from Reddit. Whatever. Username X and here it is. Quote and read the question as they asked it. Then you answer the question. It's fine if you want to prepare by getting real questions. In advance of the episode, mentally prepare your answer, write down the answer.

[00:05:57] But the question she was asking, it's clear Nick gave her the question to ask him. That's not an AMA because the word says, ask me anything, not ask questions that I told you to ask me. In this one, I was stunned seeing digitals. Straight say, hit me with questions, hit me anything and nothing. There was one point he even was about to share something and Nick cut him off.

[00:06:26] In this whole sit first, she sucks as a host. So they're on the wrong platform. That's not helping the matters. Two, Nick comes across as shady as fuck because he's not, he doesn't want to answer straight up questions. He claims he does, but he doesn't. We know he reads CMC because he says so on every episode, but he does. He's not directly addressing what they're asking because there's predominantly three main things. People are curious about if digitals ever hears this. It's simple.

[00:06:54] People want to better understand. First of all, I don't, I don't think $450 million was generated in pre-sale. I don't think it was. I think maybe 200 million was generated pre-sale and the rest was borrowed funds. That's my theory. I can't prove it, but everybody wants to understand. If you said you generated a bunch of money, where did it go? Okay. That's never been answered at all.

[00:07:21] I'm going to get to that here in a second with what was alleged in this book. People want to know what happened to those funds. Why does that matter? Because you're doing these repeated rounds where you're trying, clearly trying to get more money to the point you're fire selling the product and undercutting the free market. That doesn't make any sense. Why are you doing that? If you got so much money, then we remember,

[00:07:50] why would you then want to drop the price? Because you're having a hard time getting people to buy. What doesn't seem to click on these people is the reason you're having a hard time getting people to buy has less to do about a banner on CoinMarketCap and more to do with the fact that it's never been answered of exactly what happened to that money. I suspect, and this is my theory, okay?

[00:08:16] I suspect if you came to my show at CryptoTalk.fm and I asked that question, people want to know what at first was 400 million plus generated in the pre-sale. Is that legitimately what was raised? My guess is he would say no. That's my theory. My guess is he would say we generated a lot, but we used numbers designed. It's all marketing, okay?

[00:08:44] It's marketing designed to show that interest. However, we do have an amount of money close to that available for the project that we spent. I think he would basically say, was 400 some odd million available? Yes. Was that much actually pulled in from people? No. I could be wrong, but I think that's what he would say. I think he would acknowledge it's all wordsmithing.

[00:09:12] It's all wordplay because people did verify they saw wallets that appeared to have over 400 million sitting in them in some sort of assets. And I believe that's Tron Network. Let's take on face, okay, that there was wallets. There were wallets available that had a sum of money in crypto form totaling roughly about 400 some odd million plus. Let's say that's true. I've never disputed that the money was available.

[00:09:40] I said, I don't think that's all pre-sale. I think some of it was borrowed. I can't prove it. But that's my theory. And that the number was used for marketing. It was used to look impressive. It was used to look amazing because why would we launch a 600 million be a thing if you generated that much money? When we all know it takes only a couple million to generate, to make a blockchain. It didn't make sense. Now, step back a little bit.

[00:10:09] Remember that leading up to this, they had a whole army of people employed there. Tons of people. They all needed to get paid. There were salaries paid. Marius Bach, who used to be the project manager, put a post on LinkedIn. It's still out there as far as I can call. Put a post on LinkedIn where he basically said, this is a scam. But later, he said, we were all paid and we were doing good stuff. I'm paraphrasing. We were doing good stuff. We're excited. For 11 months.

[00:10:38] So let's get this straight. For 11 months, you were paid what you expected to be paid and everything was fine. And then things stopped. The timing of when things stopped correlated directly to when Turner allied with consensus. And at that time, that's if you remember, we're getting close to late November, December timeframe.

[00:11:02] All of a sudden, we start, we see, show up on one of the episodes where Turner's been fired. And he straight said on that video, Turner violated an NDA. Okay. How can it then be? Hey, you're, you're saying it's a scam. Now you didn't back then. Liza who used to work there, used to be in the HR allegedly is on record saying all we knew was name was G.

[00:11:31] We never knew who it was. We never knew the person behind it. Are we suggesting you knowingly worked for an organization where you don't know who's ultimately backing it. You have no clue where the money's coming from. You were all fine to just keep collecting a check and didn't question it. So you got the two main people who are spoken out. I'll get to the third in a second. The two main people who have spoken out and both of them said the same thing. They both said that for 11 months, they happily took a check and asked no questions.

[00:12:01] Does that not bother anybody else? If we read into what Marius Bach said, I actually think he's a good dude. If you read into what he said, he said what we were doing. We were excited about it. We really liked it, which conforms to what we saw in some of the documentation, which was they were really working hot and heavy on the technology to get it to a point during the time when they were trying to do UTXO, which is the Bitcoin approach. They're excited about the potential.

[00:12:31] They're excited about what they're doing, but did they deliver a tangible product? No. Look how long it took for them to get anything out the door. They never got anything out the door. Folks remember the X one minor that they talked about doing. Remember the X 30 they initially talked about doing with the tap my, or the, excuse me, X one minor. Remember when they first did the proof of the concept and it, everybody's like, wait a minute. That looks like a nest. That looks like a fricking puck. What the heck?

[00:13:01] The, because none of it looked legit. None of it looked real at all. Then there were the videos allegedly of people unboxing it, setting it up and saying it's working that were scattered around and the consensus supported that narrative. They were right there in front of it, promoting the idea that it was legitimate. Those people. And at the time there were two, those people promoted the idea. It was legitimate that whole time. So let's get this straight.

[00:13:31] These two people who used to work at the project were paid perfectly fine for 11 months. During that time, didn't have a complaint during that time. Never questioned who is funding the damn thing. They allied then with these numb nuts who are actively promoting it. And by the way, one of the two of the consensus, the one who's now locked up was actually an ambassador for the project. Remember they had an ambassador program.

[00:13:59] I'll get to that with the book, but there's an ambassador program. If you go to block that site, that page is still there. As I record this, what did the ambassador program promise? It promised those people were going to be paid in USDT for their services. In this AMA, he directly said, one of the things he wants to do, which I don't agree with, but it's whatever. One of the things he wants to do is basically get a bunch of streamers to play the games of

[00:14:28] the casino live and stream it. These are people that have significant numbers of followers to drum up interest in the gaming side. The reason I don't agree with it is because it feels half-assed. It does not feel like a sustainable, but I understand what he's communicating. He's communicating. He's trying to get more awareness about the fact that it's there and it's available where it should generate volume.

[00:14:53] My problem though, big picture, this whole ambassador program, the whole point of it was to compensate these people for promoting the project and getting word and awareness out there, which is the only reason the consensus came into form in the first place because the block dag people allegedly paid at least one of them to promote the project.

[00:15:17] Rumor and innuendo is that that person, what they borrowed money from their mother, a lot of money, put it into the project simply because of a guy. Remember they had the early videos of the AI videos of the guy standing on the moon and then people complained that it was AI. So they asked the guy to move or do something else. And one of the videos he's talking all serious and then randomly just kicks his leg. Like that's because people were beating him up because it was AI that video.

[00:15:46] That's the primary reason this dude allegedly borrowed money from his mother. I don't know that that's true. That's what I was told that he said somebody else borrowed money from his mother to put into this when it had nothing to show for it. It had no project. All it had was an idea. It had credible people, Dr. Maurice Hurley, but it didn't have anything tangible. There was nothing there. It didn't exist. And they put way more money than they could afford to lose.

[00:16:15] Clearly by the fact you're borrowing from your mother, if that's really what happened. Another person, a person I once referred to as a Mark, I can't see him anymore. Thank goodness. But apparently they're still there representing the consensus in the absence of this other person. Allegedly that person was some sort of a night shift nurse or something else. And that person put a crap ton of money. They couldn't afford to lose into the project. Then there was the third member of the consensus. The second so-called leader of the consensus who I've actively called a Mark.

[00:16:45] I know. And it's on record. This person put more than five figures in the project. The second I cannot confirm was an ambassador, specifically block dag. The first I can confirm was an ambassador because they admitted being so. So when you listen to Kijlos talk and he's talking about this streamer and getting people aware it is. When this fallout happens end of November, December timeframe. When Kijlos first comes on a video.

[00:17:14] One of the first things he said was, and I paraphrase. We want to reach out to members of the community, including these two numb nuts. And we'd like to embrace you and welcome you and maybe even hire you to represent the community. Those two numb nuts then sent out a message on Reddit with allegedly some sort of application or something. That's our contract or something or something they sent out allegedly coming from the block back side.

[00:17:44] And they asked the question, huh? What term should we ask for this? And not sure we should ask. So what they're doing is they're placating and they're lying effectively to people because they're giving the impression that they're seriously considering this offer. Now, mind you, at the time this is happening, the one who owned the YouTube channel of these two, I have it on good authority.

[00:18:11] That person was physically in Dubai with Kijlos at the time of that initial video. And I happened to grab a screenshot for that situation. Why? I don't know if they were physically there or not. All I can see is what I see, which is it says Dubai could be a VPN. Why would you need a VPN simply to join the call? Right? I don't know exactly.

[00:18:33] I know that that person in the chat during that call even said, I'm just as surprised as you guys were. He reached out to us. Now you've got this communication happening between these two and Kijlos and Nick. Allegedly, they're talking strategy. They're talking planning. They're talking what they want to do. They're trying to make a partnership.

[00:18:58] Now that Turner's out of the way and allegedly, and I don't know exactly what happened this part, but allegedly Kijlos is trying to hire them. Literally employ, put them on the books. I don't know that happened. Fast forward on that same channel. The second person shares that he has illegally recorded somebody on the phone, which is purported. Look it up to be Nick.

[00:19:26] And you can hear the second person say, and I quote, that is illegal, which implies that the second person is aware of alleged illegal activities that they had to have been aware of for the longest time, but chose not to go to law enforcement with that information or put it public. When confronted, that second person said, and I paraphrase it's covert ops.

[00:19:54] Covert ops did what for you? Nothing. Turner did what for you? Nothing. None of any of that whole fiasco between the roughly the middle of 2025 to roughly January did anything for you. You had no tangible, anything to show for any fucking thing. Nothing. Fast forward. Kijlos has cleaned house. Now you have a new CEO. You have a new project set up.

[00:20:23] They say we're rolling on exchanges. We're just rolling it out. Nothing's ready. Okay. Miners are not out. There's no structure here. None of it makes any sense. Okay. But multiple people claim there would not be an exchange listing. Zach XBT then everybody's favorite security investigator. Zach XBT puts out on X. Okay. Here's who's behind that. The, which causes people to avoid the project.

[00:20:53] Like, like they, like they think they should. But Zach XBT provides no evidence. I called him out. If you've got this evidence, share it, produce it. You do it on other ones. And that same Zach XBT never said a fucking word about Melania, which is a confirmed rug pull. Never said a fucking thing about leash, which printed out of control for note with no warning. Didn't say shit about world Liberty financial, which basically was a pump and dump said nothing about world coin.

[00:21:22] When it got drained, he cherry picks who he goes after. That's my beef with him. It's he is not above board. People created a token to pay homage to him, gave him an airdrop. He took the tokens, created a liquidity pool, yanked the liquidity out after it pumped. That's a rug pull, ladies and gentlemen. And he cherry picks who he goes after. So he has no credibility in my personal eyes because that's what happened.

[00:21:51] Now you look at all this, the Zach XBT statement, no evidence behind it. Well, why say it sentiment? The consensus and what they're doing with Turner. Turner gets fired. This all takes in. Now. Here we are. And he is coming on video and he's expressing essentially in this yesterday. We've tried a bunch of stuff.

[00:22:17] We can't get on exchanges because those people, the consensus, who, by the way, is a monster that the block tag team created because they partnered with him, with them. Instead of listening to anybody else, they only listened to those two. That was the problem. Despite my multiple warnings, they only listened to them. Those two, the so-called covert ops. I don't know if you're paying attention. That's like a Trojan horse type of activity.

[00:22:43] Basically, they were sabotaging from within, which is what I said was happening months ago before they started attacking. And then did a Chewbacca to distract you from what I was calling out, which is they're not your allies. They're not your supporters. They do not. They're not advocating for you. This is they're trapping you.

[00:23:04] Is giving the impression that those people, the monster they created, sabotaged multiple additional exchange listings, sabotaged coin market cap validation, sabotaged the minor rollout, sabotaged everything they were trying to do. Can I prove that they did any of it? The only thing I can say is those people openly admitted they were going to do, quote, everything we can to stop this project from moving forward.

[00:23:34] That's a direct quote on Reddit and multiple other sources. Multiple of them have gone on multiple forums directly admitting that they've repeatedly emailed exchanges telling them not to list the project. Okay. Okay. The initial minor manufacturer, I forget the name now. It doesn't matter. I did a coverage on this one. There was some idiot he's talking about. There's no minors. There's no whatever the fuck. I said, there might be. We don't know. Let them play it out.

[00:24:04] The block deck team came out and said, well, that manufacturer, the consensus contacted them and asked them a whole bunch of questions and was spamming them. So that manufacturer pulled out. What I'm saying is he keeps talking about this narrative when he says FUD and he's using the wrong word, but I get what he's trying to say. He's saying that all of these things are happening and they're derailing the progress they're trying to make.

[00:24:34] So they said, okay, let's do casino because we've got money potential with this one. So let's just roll with that and see what happens. And by the way, here's the Spartans and here's this and here's about how much money potential there is. Then we can use it to generate this and the thru. He said, I'm in it for 10 years. I don't know that he is. I have to go with what he says. We have no idea. What we do know is two years pass with nothing to show for it.

[00:25:04] He said, we've made some mistakes. Nobody's perfect. My beef with him. My only beef with him is he phrases everything as a mistake instead of a failure. You have to acknowledge it as a failure and then reflect on why it was a failure. First of all, we can accept and I think everybody can accept hiring Turner was a mistake. It was a failure, but it was a mistake of a failure. He came credentialed. He came with a level of credentials.

[00:25:34] He had the wherewithal to bring people that were highly credentialed. I'll treat that as a mistake. The exchange listing business is a flat out failure. Bottom line, balls to bones. I'll get to that with the book. Now I'm about to go over there. That was a flat out failure, period. The minor situation, I would consider a failure. I argue that's a fail, straight fail. I don't think you can see it any other way. And the flip of strategy, I consider it a fail because you're accepting that the initial didn't work.

[00:26:04] I think the initial could have worked if it was done right, which to me, launch the fucking chain. Have a bridge ready. You're done. Then let the market use, promote, building on the chain as you normally do. You should have the bridge day one. Or do what Pulse Chain did and do decentralized up front and don't worry about central exchanges. As long as people can trade it without limitations, it's not a problem. The pre-sales and all the promotions and all the marketing and all that stuff were doomed to fail

[00:26:35] and were flawed on their face. I'll get to that in the book. So yesterday's AMA told me, again, they have a fucked up platform. She is not. They're not going to get any sort of credibility on her shit. Nick is shady as fuck. I'm sorry. He's shady as shit. I don't know what that's all about. I can't answer that. I get the sense. He's trying to be transparent with what he can. There's obviously stuff he's holding back.

[00:27:04] I don't know why, but he's given more. He's divulged more than Turner and Nick put together. He's supposed to be the shadiest in the room and he's been more upfront than the rest than those two. Why? And again, if he ever hears this, this is simple, dude. Again, people have specific questions they'd like to have answers to. And if you, he even asked at a point, what more do you want? Answers to these questions, right?

[00:27:33] If there was that much money generated, what happened to it? Why is it so difficult for you to get miners out the door? I think that's a valid question to try to understand in my mind. And what really happened? With those partnerships that failed. Those are failures because we're talking about paying a bill. What happened? What really happened? The Borussia Dortmund. I don't think that bill was that high, but yet you have liquidity wallets, 25 million.

[00:28:02] How is it that you have those, but you couldn't pay Borussia Dortmund? How is that possible? He might say Turner had to do it and here's what he was supposed to do. He didn't do it. Turner said in, in the document that's public. Sorry, the director dropped the ball. So they're pointing fingers at each other. What happened? People would like to know that. Credibility comes from transparency. I think he knows this. You're on a platform where they're not going to ask those questions.

[00:28:32] For whatever reason, Nick is shady as fuck about said questions. So is it that Nick is trying to shield? Why? That would be my challenge for that. Now, let's talk about this book. Today's episode will be a little bit lengthy and that's fine because there's a lot to cover. Unfortunately, let's talk about this book. Ghost Chain by A.J. Harlan.

[00:29:00] I don't know if A.J. Harlan is going to hear this at all. Let's hope he does, but I don't know if he will. My summary of this book. It's clear this person is part of this consensus, either current or past. That's clear by, by some of the messaging he puts in there. I'm not even going to direct quoting because I think it's worth it. I'm going to summarize my takeaway of some of the things he said, but I'm not going to direct quoting. He did not share specific wallet addresses. It doesn't matter.

[00:29:30] I was able to find some of the information. And I think, again, he's got some valid questions that are worth getting answers to. But it strikes me that he's on the wrong track with, it's like he's coming to a conclusion that's not really evidence, which is frustrating.

[00:29:52] But what he starts out with is he makes a claim that basically there were, he says four, but there were two primary blockchains. Now, there weren't two primary blockchains the way he's describing it. That's not really true. But what he's saying is that what you interacted with in terms of a blockchain is different than the blockchain for which you bought coins for.

[00:30:21] There's some legitimacy in this, but it feels like he's misinterpreting what's being said. He called out a number of holders that's very much small. He says at the time, 537, the wallet in question I know he's talking about has just over 600. Now, let me explain what he's referring to. There is an Ethereum wallet out there.

[00:30:48] When you went in during the pre-sale and you purchased with whatever coins, those coins went to the Ethereum chain. The wallet is tagged. It's specifically tagged block dag pre-sale. It's a tag on E-Scan or whatever, E-Splore, whatever you choose. It's tagged on there. And it says block dag pre-sale.

[00:31:14] Now, MetaMask sent a flag to this scan and called it a phishing wallet, P-H-I-S-H, meaning that it was stealing your money. MetaMask did that flag. I have it on good authority that someone in the consensus caused that. I can't prove it, but that's what I was told. That's what I was given to believe.

[00:31:39] Somebody made a mask to request that flag for all scans for this specific wallet as if it was stealing the money. Now, when you watch the transactions, and I can confirm the one piece, the money you put in, the tokens you gave for the pre-sale, did indeed go to Ethereum, to the Etherscan. It's a direct wallet for this purpose.

[00:32:07] Now, here's the beef I've got with this particular finding. They would not be able to do a pre-sale on a blockchain that didn't exist. So, at the time they're doing pre-sale, the blockchain didn't exist. There was no blockchain. Even if there was, there's no liquidity. There's no bridge. There's no DEX.

[00:32:27] So, almost every pre-sale collects coins via a wallet, a pre-sale wallet, and then that gets used for funds, and then it's like a sacrifice. They use the money, and then they do whatever. From what I see, that's what happened. The coins, the tokens, whatever you gave, Solana, B&Bs, whatever, there's this, they set up a wallet, and that's what received the funds.

[00:32:54] Those then get transferred to USDT, sent to exchanges, because they're selling, right? It's pre-sale funds. They have to convert them, and the reason I have a problem, it's not that it's wrong, but Pulse Chain. When Pulse Chain was about to launch, they did what they called a sacrifice. It was the same fucking thing. Pulse Chain took coins. They said, give us your coins, give us your tokens. It's a sacrifice. It's not a donation. Give us your coins tokens.

[00:33:25] They used the money to create what essentially was a mirror of Ethereum, and they set up bridges to where you could bridge in and out, and then they gave you an equivalent, because it's a copy, of whatever you had in your Ethereum wallet at the time. But the point is that when you were doing the sacrifice, you were doing the same thing. You were sending whatever coins into whatever wallets they had set up to be able to cash those out.

[00:33:52] So my beef with what he's saying, although it's not incorrect, it's like every pre-sale works the same way. They can't, no pre-sale sets up a wallet within their own blockchain. So then he says, well, yes, but look at the total supply that's on that Ethereum. He doesn't say that, but he's implying it. And yes, it does say $150 billion BDAG. It literally says BDAG. It says $150 billion. So why does it need to do that if it's doing the cash out?

[00:34:23] I don't know. That's a very good question. Again, I'm not debating the validity of the questions. They're valid questions. Is it possible? I don't know. Is it possible that the strategy at one point prior to Turner getting fired was to collect these and then issue them from Ethereum initially prior to the blockchain going live? Because remember, the blockchain didn't fucking exist when Turner was in charge.

[00:34:51] So is it possible that they had planned to ramp down pre-sale, initially deploy tokens essentially that are Ethereum BDAG tokens so that people could just go ahead and trade them and whatever. Then Turner gets fired. They change strategy to say, no, we're going to do the coins on BlockDAG and on the network. I don't know. I can't say. It's a valid question.

[00:35:16] I'm saying that we have to understand, was there even a blockchain at the time where this was set up? At the time, it didn't exist. At the time, no. They would not have done a pre-sale on their own chain because it didn't fucking exist. Two, it's possible they were trying to set up to Ethereum because they were going to wind down pre-sale because initially they were talking that. And if you look at the way the pre-sale has been run, it's completely changed. It's nowhere close to what it used to be. So that's one of my theories.

[00:35:46] They initially were planning to just deploy it as a BDAG on Ethereum and then decide later to do the, you know, the actual BlockDAG and then do like a swap or something. Why is that unreasonable? That's what, that's what Bone did with SHIB. Bone is an Ethereum-based token. Shibarium came later. Bones, plural, which is the Shibarium variant of it, came after the fact. Bone was the first. Bones came later.

[00:36:15] How is it any different? I don't think that it is. And so that's why I said it's a valid question worth asking. And if, again, visuals were wanting to be transparent, I think that's worth asking him. But you're dealing with annoying voice lady who doesn't know how to ask these fucking questions. But it's worth asking. Was that the plan? Is that what you're trying to do? Why does the Ethereum wallet exist? It is valid. All I can tell you is that the Ethereum wallet, you are and were interacting with that wallet. This is true.

[00:36:45] The coins that you put in to buy into the pre-sale, it is true. It goes there. I don't think it does it for the miner. That seemed like it went a different direction. But absolutely for the pre-sale, that went through this Ethereum wallet because that's all that existed at the time. They just kept using it. They were cashing out the USDT. All that's valid. It's on chain. It's all valid.

[00:37:10] So then later, he goes into kind of, okay, here's how much money here and there's no bridge here. And the vesting is kind of weird. And then he gets into the exchanges. The first listing of exchanges. Now we're in January, February timeframe. He only calls them exchange A, exchange B. I don't remember exactly which one's exchange A. I should, but I don't. I want to say it's LBank. Or it might have been, because it wasn't P2B.

[00:37:40] It might have been CoinStore. It was somebody else that had artificial pump pricing at the point. And then exchange B, which I know for a fact based on what he said and timing, must be WeBot. Okay? WeBot, I know the full story of WeBot. Some of the shit he has in the book is wrong. Here's what happened with WeBot. WeBot initially was given token supply. They were given a base initial. They were told, go ahead and roll it live. You're good to go.

[00:38:09] They were not told to make deposits available. They did it anyway. Up front, there was a few hours where deposits were made available. WeBot is a U.S.-based exchange. You have to go through KYC to do it. Meaning, the people on WeBot are U.S. citizens. We know Nick's not a U.S. citizen. We know Kijilis is not a U.S. citizen. So, that leaves a very slim few people that could have done it and none of them were with the project. None of the project people were from the United States.

[00:38:38] So, we understand that the people who sold when deposits were initially made available on WeBot must have been Americans. We also understand that the coins that were indeed deposited and sold were the blockchain block tag, not Ethereum. Because, in the book, he makes it seem as though what the exchanges are getting and trading is the Ethereum variant of the token, which is not true.

[00:39:07] He keeps saying, follow the blockchain. Yes, I encourage you to do it. The tokens that the exchanges got is the block tag network. Only the block tag network. Why do I know that 100%? Because, as I told people in my various videos, I tested it myself. I went. When the price dropped, I bought some. I sent it to my wallet. Okay. They are the actual block tag coins that were available then for the staking.

[00:39:38] And the site sees them. It sees. Here's how much of the block tag actual network coins. They're not the Ethereum variant. They never have been. Basic sense on the exchange side. And I think he spent too much time on the blockchain side. Because you can go next. Every exchange tells you what network it's calling. And it specifically says block tag, not Ethereum. The other part of this that I think he's confusing.

[00:40:05] After WeBot catches what happened and they locked deposits. So there's a point they locked it down. You can still buy, but they locked deposits. They had a period they locked withdrawals. So you could buy and then trade within it if you want it for a period. Later, when they opened up deposits again, they did it in a restricted way. And the way they worded it, and I have a video about this. They said send it to your ERC address. Send it to your, in other words, in WeBot.

[00:40:35] You get an ERC address. Send it here. Okay. Once we see it, we'll go ahead and do the credit. Why does that work? Because there's an EVM layer. It's basically an Ethereum fork. Nick claims it's not. It has to be. Because that's the only way your wallet address would be the same. That's the only way smart contracts would work. It's clearly a fork of Ethereum. So, because it's a fork of Ethereum and because of the way that that works, when they do the sin, they're still seeing it.

[00:41:04] It's still there because it's all ERC-20. It doesn't really matter. All that's different is they had to manually say, okay, we saw it there, so we're going to go ahead and credit it. Well, what does that tell you? That tells you that anybody, arguably, can credit off of the Ethereum chain.

[00:41:23] So, my theory, if they set up the Ethereum BDAG, if they did, if they set that up for the purposes of distributing off pre-sale and then changed strategy, they would have needed to provide 150 billion coins because that's what they promised up front. But it wouldn't have mattered. That would have automatically given them a bridge. It would have automatically given them a bridge. Consider that we don't have a bridge even as I record this.

[00:41:52] Allegedly, it's coming. But as I record this, we don't have a bridge. If they truly did start with an Ethereum wallet, again, if they did, that means they could have set up a bridge up front. Why didn't they do it? It doesn't make any sense because it would have behooved them. It actually would have made it easier for them to have done a bridge. You take coins or tokens, whatever was given. You send it to an Ethereum-based something. You issue them Ethereum variant of BDAG. Let them sell.

[00:42:23] Digital even said, let people sell off they want to sell. They could have done that on the Ethereum much easier straight off the jump. What does it hurt? The most that would have happened is people that didn't want to stay would have sold. That happens every project. Blockchain shows up. You then build a bridge because you already have it because you have the two side wallets. Now you build a DEX that lets you bridge to the two. That's not that hard. You issue on token. You issue on chain B and burn on token A. It's literally that easy.

[00:42:53] Well, why didn't they do that? I know Dr. Hurley knew that. Why didn't they do that? Something changed. I maintain something change. I think they started a strategy and then change why they did. I don't know. Could be a lack of knowledge. I don't know, but something changed. So I'm saying that his statement about WeBot, I'll call it out, is flawed.

[00:43:21] WeBot always had the original block bag coin from day one. It was always the original coin. It was initially locked deposits. It was not the Ethereum deal. The restriction on deposits across all the exchanges. That had to do with two parts. One, the exchanges were told not to allow deposits. They were told not to do it. It wasn't a technical thing. They were told not to do it.

[00:43:47] Second, when they tried to do it, so now this goes to initially BitMart and LBank. I know those two. When they tried to do it, there was instability at the RPC level, which continues to this day. So they locked it down because the shit wasn't working. At least one exchange asked to set up their own RPCs. Why would you want to set up your own RPCs?

[00:44:11] Because you want to be able to interact with the network and be able to manage arbitrage on your own without reliance on a third party. That's unreliable. That's the only reason you would do it. We know it's unreliable because that's the reason your coins go missing in your wallet. That's the reason why the staking is the buggy shit show. That's the reason why shit doesn't work right because the RPCs are a nightmare. So it's logical that the exchanges might want to do their own RPCs so that they can understand what's really going on.

[00:44:39] Now, the risk of this is that the RPC might expose how bad it is and cause the exchange to delist. That's a risk. If they're allowing them to do the RPCs, which I think they're doing, if they're allowed to do the RPCs, that means they're taking a huge risk of getting delisted, which means they could be delisted. But the point is, at the end of the day, WeBot always had the legitimate coin. His statement's wrong in that regard.

[00:45:06] The first one I can't speak to, but I can tell you WeBot had the legit coin the entire time. WeBot is registered and everyone there. There's no way they're going to try to rip you that way. And they're not that damn stupid. Sorry. Well, I can't speak for a fucking who's that one to a two bit where they say, oops, we'll do better screening next time. I think two bit was misled, but I can't say for sure. I can't speak to them. Don't really know. So then he's talking about the Ethereum instance.

[00:45:35] And again, I looked at it. I did not see what he sees, which is maliciousness. He even calls out a point. You can't prove intent. Correct. I didn't see malicious. I saw that pre-sale coins, you would connect to it in order to send that there. And then they're liquidated to get the money out. That's what I saw. I, what do you expect it to do? It's pre-sale, right?

[00:45:59] And people's beef is that the pre-sales keeps going, which is why we keep telling people stop buying on the site. But we're only a slim few people. We can't, if they're not going to listen, I can listen or keep doing it. But if you buy on exchanges, they can't, there's nothing that can be done, right? This whole deal about the whole Ethereum wallet and the, you know, the pre-sales going over there, liquidation. The only reason it's even a flag is because people keep buying from the site instead of from the exchanges.

[00:46:29] That's why it's a beef. That's why it's a problem. And I called them out that it doesn't make sense to buy from the site at a fire sale price. You're getting less money than you would have done if you just go on the exchanges. But for whatever reason, people will not go on the exchanges. My theory is they don't want to do KYC and they want to do it decentralized, which is what site does. If my theory is correct, the smartest thing the team could have done is simply listed on fucking Uniswap or PancakeSwap or SushiSwap or BuySwap or one of the decent ones.

[00:46:58] Why not do that and then just make it available and accept that some will sell. It's fine for them to sell because it creates a discount for other people. But the free market pricing is what actually encourages people to buy in. The last part, which this is frustrating, but the last part, he talks about the ambassador tier.

[00:47:25] I called out that again, one of the people that consensus was absolutely ambassador. In the book, Mr. Harlan properly criticizes the ambassador strategy. So do I. But we have to understand that one of you, one of your allies was an ambassador. So you need to hold that person accountable too. You're going to call them out as a strategy. You need to call out. He was in that.

[00:47:53] He was a participant in that, which means he was complicit in it, which is what I said. Complicit in what's going on. Complicit in the harm. See, some of you that are in the consensus listening to me, you don't seem to understand how you got duped. You don't seem to understand how you got okie-doped. You see, Kigitals didn't dupe you like this group duped you. This group convinced you that they had your best of intentions at heart.

[00:48:21] This group convinced you that they were protecting you. The truth is in your face now. Okay. If what's said happened, which is we're going to do everything in our power to stop the project and actively trying to make sure that exchanges don't list it, which limits price discovery, which limits free trades. If that happened and they were the ones to blame,

[00:48:50] they're the ones to blame for you not getting the money you think you should get. Because I maintain that a free market trade would have caused positive price movement. If only because at the end of the day, and burn mechanic, that's part of it. You have to have free market. You've got to have open and just let people fucking trade it. Buy or sell. You need both.

[00:49:16] If you don't have sell, people don't see discounts. Smart people buy off discounts and they always buy off discounts. There are smart people, I promise you, that would love to buy at discounts and continue to buy at discounts. There are people that are selling because they're done with the project. Okay. If they don't want to do it on a central exchange, they can't. And so the decent trading to me is the smartest thing to do.

[00:49:44] And for whatever the reason, they refuse to go descend, even though it's the logical next step. Let me close out with the write-up that I put. Here's where we are. Okay. Here's the summary of where we are. And I'm going to hit you with facts that you cannot refute. I'm going to hit you exactly with what's where we are right now. Here are the truths of it. 2025, this project was led by a man who got nothing done.

[00:50:14] Fact. 2025, that project, that leader got fired for not A, not performing. B, violating an NDA. That's on record. There's a video out about it. The moment that person gets fired, literally the moment that person gets fired, all of the people he was paying or supporting getting paid, stopped getting paid.

[00:50:42] One of those people is on record admitting he was paid for 11 months without a problem, said nothing of any concern, said nothing of any risk until he stopped getting paid. That's when he had an issue. The other person didn't have an issue until she was fired. So we're talking two people disgruntled former employees. That's what we've got. Okay. An exchange listing happens a short few months after that person gets fired.

[00:51:11] That's fact. At least one of these changes had free trade. That's fact. The rest were restricted from trade. That's fact. Market makers were artificially pumping price. That's fact. Like I'm hitting straight. Okay. Miners were promised multiple times, not delivered. That's fact. The RPCs are a buggy shit show. That's fact. They selected a terrible channel for their don't AMAs. That's fact.

[00:51:41] Nick doesn't seem to want to answer hard questions. That's clearly the case. The person who ultimately was behind the whole shot shebang has lofty visions. That's clear. He stated that this group, who, by the way, the block bag team embraced, and it's their fault that these people got so much power in the first fucking place, that those people are damaging the project. They're sabotaging things.

[00:52:08] It wouldn't surprise me because those people have admitted doing so. So you're dealing with on one side, a group of fucking vigilantes who have sabotaged your project. And on the other side, you got a project team inept who don't know what they're doing. You've got a backer who has lofty visions and he keeps shifting because he's reacting to something. And all the while, the project team, including said founder, are not stepping back to reflect on what I'm saying.

[00:52:38] Your platform for communicating and really doing AMAs sucks. One. Two. You are to blame for embracing them. You embrace them. You welcome them in. You allow the snakes in the grass to get in. You did that. You ignored people trying to help you. And what you're left with are screams that you're a scam, which causes the very negative sentiment you say you don't want.

[00:53:07] Until you recognize that ultimately you too are to blame for the level of negative sentiment you are now enduring, nothing will change. Let's see if something gets delivered. Let's see if something gets produced. Let's see if something comes of it. But Zach XBT has produced no evidence of note whatsoever. He's made claims. This other AJ Harlan has made claims.

[00:53:37] I had two people who call themselves whistleblowers, two that say they were from the project that used to work there. They made claims. I didn't see anything in either one of them. I saw one that said this person claims they have a full on dump of a whole bunch of dirt on Google. But that person is selling it for $10,000.

[00:53:59] If you have the best of intentions and you really want to help, you're not going to be asking $10,000 from somebody to give information that, according to this whistleblower, would put 12 people in prison. Who are the 12 people? Turner's got to be one of them. Dr. Hurley would have to be one of them. Marius Bach would have to be one of them. Josh Sack would have to be one of them. Jeremy would have to be one of them.

[00:54:24] It had to be basically every single person under Turner's command because Turner knew the whole time who it was, despite on the call being directly confronted and asked, who hired you? And Turner said he didn't know. Now, we would understand he was under an NDA and couldn't say so. The point is nothing got done under his command. So you have a person here who's backing it and helping steer some of it. Nothing gets done.

[00:54:52] I'm going to tell you again because that's what I see. I see overreaction. I see a reactive strategy. These people created a monster with that fucking consensus. That's a monster over there.

[00:55:17] Loud, vociferous people that unfortunately dominate the conversation. And you're dealing with people, and I'll target Nick for this. You're dealing with people who suck at communication, so they don't know how to defray that. Because I'll remind you, Pi Network, the Bybit CEO himself, called it a scam publicly. Didn't stop it. Didn't stop its launch.

[00:55:46] Has not stopped its momentum. I can't tell you what is or isn't with respect to the word scam. I can tell you there certainly is an Ethereum chain that does. It certainly is in some way associated with the project. Absolutely. It's what you're interacting with when you send them coins through their site. Absolutely. The coins that are on the exchanges are the real block bag coins through their network.

[00:56:16] It's not proven. There's no refuting it. The mining are coming from that chain. If it's true that money was sent to this other one and trapped there, which I disagree with, and I think that's a fallacy because it makes the assumption of value. It draws a direct line because the team told you value because they tried to promise you a price when they couldn't because in a free market, they can't promise a price. They can promise a launch price.

[00:56:44] They can't promise a stable price. Nobody can in a free market. So anybody who listened to that claim, you got duped. Was that a scam? No, it's a lie. It's a lie. And it's a lack of understanding of free market. Market manipulation, as in wash trading, it's not good in hardly any country. And that happened, which is why the exchanges stopped.

[00:57:11] A, because the exchanges know we can't sustain that. B, because the market maker is not going to keep losing money. They're not going to keep putting their money, front money up there. Nobody was buying. Nobody was buying at the artificial. Some might have, but I guarantee you hardly nobody was buying at those pump prices. Hardly nobody was. The team seems to have the idea that the reason nobody was buying has to do with the price. It's not the price. It's the sentiment.

[00:57:42] People buy their very faulty nature FOMO off of green candles. That's what they do. It's not what they should do. It's what they do. So the E, it's easy. It's so fucking easy. Man, you deliver. And I'm not talking casino. I'm talking deliver on what you said. Okay. You deliver the blockchain in a fast.

[00:58:07] Like if you talk about what they promised, 10,000 TPSs, this thing is probably about 0.02. I don't think it can handle anywhere close to 10, but there's not enough volume to get anywhere close to that number. Not right now. Nobody's doing anything with it. Then you ask the question, what was the point of all the hackathons and shit out in South Africa? What were we doing? All that could have been useful volume for this. And then it terminates. So does that mean Turner was doing it?

[00:58:38] What happened? What went wrong? And if you say you're going to do this casino thing, you certainly need to have something that is performance. That assumes RPCs. Performance of the chain contributes to staking rewards and the viability of a staking mechanism. Well, I can clearly tell that they want to do some of this stuff, all that working solid. But I get the sense, as I've said, that they don't understand how to really execute.

[00:59:08] They don't have a plan. They say they do. And they might think they do. A plan is something you could execute to success, right? Otherwise, it's just a vision. He referred to it as a vision. It's fine to have a vision, but at some point you need to plan. And I don't see this plan here. I don't see this plan for the blockchain, right? Saying be top 20, that's not a plan. That's a vision. That's a goal. That's a pie in the sky. I'm talking about plan. Okay.

[00:59:36] If we talk what XRP, what was their plan? Their plan was to revolutionize how payments cross-border payments were done. Did they achieve it? Not fully. What was the plan behind Bitcoin to get away from the centralized finance situation? Did they succeed? I would argue no. Everybody has a plan. Do they get punched in the face? And I think, I think this project has now hit its punched in the face moment. And that's why he came on the air.

[01:00:05] He said he's going to do the next keynote. I would like to see if he does hear it. He probably, there's no way he's listening this long. And I know he doesn't go to Cormac yet. I would like to see him do a true AMA on something other than Annoying Voice Ladies channel. Don't go fucking there. Please. Go somewhere there's a true AMA. Now, I don't want to see a wall wall west of chat hitting him and shit. You need a good moderator.

[01:00:34] You need a host who can distill the questions into something he could answer without the emotion. If you get somebody who knows how to do that, I honestly think he'll give you answers. They might not be what you want to hear, but at least you'll get some answers out of the guy. I honestly think he wants to answer some of that, but he can, but you're dealing with an inept host. So it's not going to go anywhere.

[01:00:59] So Mr. Harlan, I appreciate what you've done in terms of showing there's more to this. And I think that's your point is there's more to this. I don't think you went as deep as you think you did. You called out the audits. That means you didn't read because the audits themselves specifically say that was only for the vesting contract. All they did was audit the vesting contract.

[01:01:25] The vesting contract, we already knew what was happening with it because they communicated what it's doing. It's all public. That's all out there. They've never hidden what's going on with the vesting. The piece that you should have called out that you didn't really is we don't have open code for the blockchain at all. We don't have open code for the staking contract. We don't have open code for the mining, really open code. It's a Docker deal, but I'm talking real open end to end of what's going on.

[01:01:54] You don't have open as a blockchain. You don't have true open code for all these other mechanisms that they've deployed. You don't have it. That's the real problem because you should have it. There's no reason not to have it. I'm less worried about the pre-sale contract and the vesting contract than I am about the blockchain. Is it really a DAG? Nick claims it is, and he talked about it, but I'm of the opinion there is somewhat of a DAG, but it's, as I said, a Timu-type DAG.

[01:02:22] It's a very rudimentary, rough structure, and I think that's why they don't release the contract. I also think that they're relying too much on AI. That's clear in every application they're deploying, especially with the new staking.blocktag.engineering site. It's clear AI wrote that. Now, it's a nice site. It actually gives very good information, and it allows you to unstake just the rewards portion where the thing is good.

[01:02:49] So it has some positives, but it's over-technical now. The staking site is very simple, easy to understand, although buggy. The staking.blocktag.engineering is really over-technical. It's not that it's bad. It's just over-technical. You're going to turn people off because it exposes how buggy the staking site is. And I don't know why they can't get that right.

[01:03:11] My theory, only theory, if it's truly proof of work somewhere, staking would be next to impossible, true staking would be next to impossible because staking is a proof-of-stake function. In an old, I think it was, what, July somewhere, I put a throwaway comment that staking is possible, just kind of, you can kind of, you know, futz it. You could just say, build a mechanism that kind of does, quote, staking. It's just not proof-of-stake, per se.

[01:03:42] But it basically provides the, you know, the coins in exchange for the mining, which is what it looks like they built. It's not really staking in the traditional sense. So there's stuff being built. Hugitals said the same thing. Stuff's being built. A lot's being built. But there's more to it than just building a lot of stuff. Stuff's being built. You got to have a plan. And I don't see a plan. Maybe there's a plan. I don't see it. But I've offered. I've offered.

[01:04:11] I've offered to be that moderator for you. It's fine. It's easy. Every time you do an episode, you collect five questions before the episode. You collect five questions on air. You answer the questions. You go one by one. You prune them because there's only so much time, right? You prune them so they're appropriate to be able to answer them instead of the emotional. The emotional has to be excluded from the question.

[01:04:41] Now, you have to then prepare to be called a liar when you give your answer, which is possibly why Nick doesn't want to do it. Because he knows they're going to call him a liar. Part of that's the way he acts. But the offer has been out there. I don't mind helping that. I don't charge because I'd like answers. I'd like to understand what's really going on. And frankly, I'm trying to help if it is legitimate. Because people do deserve to get something out of this.

[01:05:09] After all this that's happened, they deserve to get something out of this in my mind. That's going to do it for me, folks. Bottom line for me, I'm going to maintain what is said as I keep saying. And I'll say it over and over again. Again. I don't see. Like there's too much. There's too much in what's being built for me to directly align to scam. It's just too much there. The shit they're doing is wrong.

[01:05:39] The marketing is wrong. The cutting your free market's wrong. I don't agree with the casino. I don't agree with what they're doing. They're reactive. They're rushed. They're not well thought out things. I don't see scam. I don't see it. I wish I could. I wish I could straight line say absolutely not on something. Because let's for those that are familiar with Satama.

[01:06:07] Satama talked for months about Cytomask. And all they said was this is going to reinvent finance. Because at the time, Ethereum was proof of work. Gas fees were like 100 bucks every time you did a trade. So the sales pitch they hooked into is we'll create this mask where you can use the Satama token. Which by the way was an Ethereum token. You'll use the Satama token as the gas.

[01:06:32] Anybody with common sense with what I just described would understand the flaw and why it was a bunch of bullshit. Because Satama being an Ethereum token meant it was already going to be influenced by the price of Ethereum. As well as its gas because it's an Ethereum token. The only way not to do that is for it to have its own blockchain. Which it didn't. It was just Ethereum. No matter what, you weren't getting away from the gas. So they sold you a bill of goods.

[01:07:01] But the thing is, they talked about it for months. They get to the event. The failed November 13th, 2021 Vegas event. Had no mask to show. Get drunk. Take a game. Drunk videos. Whatever the fuck. They get drunk. They have nothing to show for the shit. At all. Here they've got something to show for it. And stuff's being built. I go to SafeMoon. John Caroni. They talked all.

[01:07:31] That wallet and the token with the reflections and everything. They were the first to do reflections. The wallet. They produced the wallet. They produced stuff. We would learn later that Caroni was draining the project. On the backing. Which here might very well have happened. I can't say it didn't. I'm fascinated. Because I don't fully understand. I don't fully. Because in SafeMoon and Satama. Both. They listed on exchanges.

[01:08:02] Everything is the same. It's the same. So. We had to redefine. We had to redefine. What scam really is. Like I. Talk to what to me is scam. Like you. Come on. Squid Game. That's scam. Ethereum Max. That's scam. Like there's obvious ones. Clearly. Clearly. Fucking. Lillian Finance. Blatant. No. Questions. Shinja. Okay. Blatant. Freaking. Made a monkey. MMAI.

[01:08:32] Whatever. Garbage. These are blatant scams. You know. Terraria. Blatant scams. I don't see blatant scam. I wish I did. I honestly do. Anyhow. My head hurts folks. I have a headache. I don't know what else to say. I've shared it all. And I'm just going to sit back and watch. Because that's all you can do. All you can do is just watch. June. As in starting next week. Allegedly. Stuff's going to start happening. That was supposed to be.

[01:09:02] We'll have to see. We'll have to see. Because I truly don't know at this point. What to think. There's so much smoke. But no fire. There's no fire anywhere. Despite multiple people trying. ZachXVT tried. Mr. Harlan tried. The consensus has tried. There's so much smoke. There's so much fighting. So much fighting. And nothing to really show for it. Other than. People stuck with.

[01:09:31] I don't want to say worthless. But extremely low value coins. Where they do have coins. They're just extremely low value. Don't get me started. On the compression. Which by the way. The consensus. Voted on that. So they're the ones to blame for that. By the way. I might as well share that. For those who didn't know. In late 2025. I forget exactly when that was. I want to say that was November. Late 2025. Turner went on video. With Nick. And they admitted.

[01:10:00] They oversold pre-sale. After they admitted. They oversold pre-sale. They showed the slide deck. That said. Yeah. We oversold this over here. Which should not have been possible. But because. The funds flowing in. To this Ethereum wallet. Are disconnected. From what was available. On the blockchain side. Blocked ag side. Somebody wasn't keeping track of it. And Turner himself said. He wasn't really watching the pockets. So. After they had. Acknowledged this.

[01:10:29] They put up a poll. I saw it myself. They put up a poll. And they asked. Quote. The community. To vote on this. The consensus. People. Spread it around. One of the two of them. Said. We're voting. You know. I know not everybody's happy. For this option. But we took a vote. And the consensus. Was. This is the option. Which is the compression. And I. Came back and said. I think it's a stupid choice. I don't think you're going to be.

[01:10:59] Very happy with it. And I got attacked. Here you are. I want to just be clear. Just to be clear for you. The compression is. Because the consensus. Voted for that. Because the block deck team. Took their vote results. As gospel. And they spoke for you. Which I told people. They spoke for you. Because that's. That's. They're the only people. Block deck will listen to. What was your vote? They had an option. And I want to say it was option. Three or whatever.

[01:11:28] They had an option. That talked about a stable coin. Now doesn't that sound familiar? The very thing they're talking about doing now. Why did I think a stable coin made sense? Because with a stable coin. They would need it anyway. I already knew that. Months ago. Anytime you have a blockchain. You're going to need your own stable coin. You're going to have to do that. But two. I thought that that was a better way to issue rewards. A more stable. Rewards offering for people. So if you did stake.

[01:11:57] You could offer them stable coins. Not the BDAG coins. Which were losing value. Or were going to lose value when they listed. I felt that the stable coin was going to be more assured. You needed it anyway. And the presence of it. Meant anybody could just create a DEX. Right out the gate. If you create a DEX. That means that people could swap between. BDAG and the stable. So let's say that BDAG is crapping. As it was doing.

[01:12:26] You could stable out. To stabilize the value. Assuming said stable coin was properly pegged to something. That's an assumption. But that was my thought. Is. I was thinking about it. In terms of. Freedom of trading. Trade. Even if it was not central exchanges. But. If. But to do that. You'd need a stable coin. To create a liquidity pair. There was somebody else. He wrote an application. That was allegedly allowing you to bridge BDAG. Out of.

[01:12:56] The block that. You know side. And onto the Ethereum side. But there was no liquidity on the thing. So I didn't trust it. Because he had no liquidity. I told him. You need to put your own money up. If you're legit. He never responded. But my point is that. Their choice. The consensus. Choosing for you. The compression. What did they really do? It misled people. It confused people. They're buying. Thinking they're getting billions of coins. When it's not even possible.

[01:13:26] And there's a compression. Which all it does. Is result in a higher price. Than you would have gotten. Just buying on exchanges. People have to spread the word. Now. Most are going to tell a scam. Which I don't go to. X. Multiple people try to explain it. Reddit. I don't think they understand. And I abandoned it. But. The consensus. Misled you. They misled you. And I think it was the best answer. When it wasn't. They trapped you. In a cycle. I honestly believe. If they had listened.

[01:13:56] When I said. Do the stable coin route. We wouldn't be having these conversations right now. I firmly believe that. I can't know for sure. But that's what I believe. I believe that people are misled. Because those people. They had their own ulterior motive. About what they were doing. Because they put more money. Than they could afford to lose. And they got embarrassed. They got caught with their pants down. And vassaline off the side. And you were collateral damage. As I referred to it.