加密速递：比特币巨鲸的动向将令您震惊

然后根据链上数据来看，一些老鲸鱼又开始回补了。

And then seemingly with the on chain data here, some old whales buying back.

所以从消息面来看，至少对比特币的盘整和长期持有来说，情绪是偏积极的。

So positive momentum, if you will, at least news flow wise for some for some Bitcoin consolidation and long term holds.

他还谈到了一个关于策略的观点，布莱恩。

And then he also had a take about strategy as well, Brian.

是的。

Yeah.

他其实是在点评这个策略，因为当时关于那笔32个比特币的抛售，市场反应过度负面，而他认为没那么严重，我同意他的看法。

I mean, he he basically is calling out strategy because what, they were, about the Bitcoin sale, and he just kinda mentioned why he thought that wasn't as, as as the market reacted in too big of a negative fashion for that 32 Bitcoin, sale, which I I agree.

他直接点出这个问题，实际上就消除了不少恐慌情绪。

And he's he's basically calling it out and directly him basically calling it out, basically is removing a lot of that FUD.

他的观点其实很中立，但我觉得特别有意思的是，他居然主动提到了这件事，因为Sailor在这一轮周期里的策略早就成了焦点。

It's really a neutral take on it, but I thought it was really interesting that he addressed this as well because Sailor in strategy has become such a focal point in the spotlight of this cycle.

你看到他只是卖了一丁点比特币，市场就立刻不买账了。

And you see him sell just a minimal amount of Bitcoin, and the market did not like it.

看到亚当·贝克这样的人直接谈这个问题，挺有意思的。

It's interesting to see a guy like Adam Beck really address it.

贝克以前就被不少人认为是真正的中本聪，现在也还是有人这么想。

I mean, Beck, at one point, and still is, is mentioned to be one of the more commonly people associated with actual actually being Satoshi.

他可不是那种随便出来喊单、想蹭热度的人。

So this isn't just some guy that's out there, you know, pushing his bags or trying to get involved.

我很尊重他的观点，所以觉得他这次的表态特别有看点。

I I really respect what he says, and so I I thought it was a really interesting take here.

他其实就是说，比特币的策略性抛售没大家想的那么悲观。

And he he's just basically saying that the strategy Bitcoin sale is not as bearish as everyone thinks.

我同意他的看法，但也理解市场为什么会这么反应。

And I agree with it, but I understand the market reaction.

更有趣的是，他居然能在直播里直接提到这件事。

And, it's interesting to just see him bring it up on live TV.

对。

Mhmm.

是的。

Yep.

接着又推出新策略，卖出三亿三千五百万股，同时以平均每枚六万七千美元的价格购入520枚比特币。

And then some new strategy, selling more shares, 335,000,000 and acquiring 520 more Bitcoin at an average price of 67,000.

这样一来，Sailor之前买的那些比特币就更亏了。

So you get another buy where Sailor's a little underwater on already.

对。

Yeah.

股价跌到了62。

Trading down 62.

不过这里有个有意思的地方，那笔资金里有三千万美元投向了比特币，但我觉得另外三亿美元——这明显是某种策略，看起来没错。

You you know what was interesting here, though, is what 35,000,000 of that went to Bitcoin, but I think 300 of it of the so someone's strategy, it looks like Right.

其中三亿美元被转成了现金。

300,000,000 of that went to cash.

所以他手头将有三亿美元现金。

So he's gonna have $300,000,000.

我们之前已经聊过这个了。

We we've kinda talked about that.

他打算怎么支付这些股息呢？

Like, how's he gonna cover these dividends?

这笔钱从哪儿来？

Where's he gonna get this cash?

看来他已经选好了方向。

So it does look like he's chosen his horse.

至少在短期内，他不会再卖比特币来应对这些现金支出。

He's not gonna be selling any Bitcoin anymore in the near future, at least to cover some of these cash obligations.

所以看起来他手头多出了大约三亿美元的现金。

So it does look like he has about $300,000,000 more in cash.

当时这个消息公布的时候，也就是一两天前，市场似乎挺买账的，觉得他可能是在提前备足现金。

And it whenever this was announced, it was a day or two ago, it did seem like the market did like this that, you know, he's he's prepping possibly to just have cash on hand.

所以，策略和卖家还是老样子，但我觉得他这次确实囤了一笔现金，这挺让人鼓舞的。

So, again, strategy and seller are doing what strategy and seller does, but I think it's really encouraging to see that, you know, he he stockpiled a little bit of cash this go.

是的。

Yeah.

看到这一点确实不错。

That is that is good to see.

在经历了一波抛售之后，能有这样的表现无疑让人安心。随着这种金融操作继续推进，MicroStrategy财报中披露的现金储备将成为关键看点——大家都会猜测他们到底打算怎么筹措分红资金。

I'm sure that calms the nerves after that, little bit of selling, Something to watch as this financial alchemy continues, how much cash they have on their balance sheet when they report earnings for MicroStrategy is going be a huge focal point of kind of guessing what and how they can do to fund that dividend.

不过BlackRock那边也有些积极的表态。

But BlackRock, some positive speak.

当然，他们可能有点在为自己站台，但我们之前放了一段采访，记不清是你那边的，还是Rick Reeder的，他是BlackRock的首席投资官，他也说了不少对比特币有利的话。

Obviously, could say a little bit of talking in their bags, but we played a clip, can't remember if you on or if it was with Brendan of Rick Reeder, the CIO of BlackRock saying some positive things about Bitcoin as well.

但说实话，他们也提到，除了比特币，还有其他投资方向，但从长期来看，比特币确实是他们投资组合的一部分。

But being honest and saying, hey, there's other things I'm looking at, but long term, you know, this is a part of our portfolio.

BlackRock还提到，中期选举前后可能会出现新的上涨机会，当然，他们可能也在为自己的立场做宣传，毕竟他们也在关注《清晰法案》能否通过。

BlackRock saying that that that some renewed upside around midterm elections, You know, obviously, they're probably talking their book a little bit with also looking into maybe the Clarity Act getting through.

我们稍后会在节目中详细聊这个，但听到BlackRock说出这些积极看法，总是件好事。

We're gonna cover that in the show later, but always good to hear some positive things from BlackRock.

是的。

Yeah.

我的意思是，这不过是更直接的信号罢了，他们手里确实有筹码。

I mean, this is just more instant I I mean, the the they have bags.

你懂的。

You know?

我们明白。

We get that.

当然，他们肯定会说些正面的话，但我认为背后有不少聪明人，这是机构对比特币作为对冲美国财政不负责任的顶级宏观工具的认可。

And, you know, of course, they're gonna probably talk positive about this, but I think there's a lot of smart people behind this, and it's institutional validation that Bitcoin can be a premier macro hedge against The U a US fiscal irresponsibility.

就是整个数字黄金的逻辑。

You know, it's that whole digital gold story.

这次我们还没看到它完全按预期展开，但这是全球最大资产管理机构对它投下的又一票专业信任。

We haven't seen that completely, unfold the way we expected it this go around, but it's another layer of professional conviction from the largest asset manager in the world.

这很合理，因为中期选举历来会引发政策和整体政治环境的波动。

And it makes sense because in the midterms, it historically creates volatility with policy and in in just overall the political environment.

我觉得这个观点挺不错的。

And we could see some, I like this take.

我觉得到了中期选举的时候，比特币可能会迎来一波反弹。

I think Bitcoin could have a little bit of a turnaround when this midterm comes around.

一切都还得看最终怎么发展，但我真的很认同这个看法。

We're gonna have to see how everything shakes out, but I really do like this take.

对。

Yeah.

我现在把《清晰法案》调出来看一下。

And I'll just pull this up now, the Clarity Act.

看来国会已经把《清晰法案》的听证会定在了7月17号。

So looking like Congress scheduled a hearing for the Clarity Act on July 17.

这确实是个好信号。

Again, that's good.

小组委员会要开听证会，主题是‘构建金融的未来：《清晰法案》如何释放创新’。

Subcommittee fields hearing, building the future of finance, how the Clarity Act unlocks innovation.

这算是让更多人了解这些即将投票的事项，算是教育公众的一种进展。

So this is more progress of education to the people that are gonna apparently vote on this stuff.

看起来势头又增强了一点。

So it looks like a little bit more momentum.

我倒不敢肯定，不过我们不妨顺手看看波利市场上的赔率。

I wouldn't say, I guess we could pull up the poly market odds while we're here.

我觉得这事对市场的影响应该不会太大。

I don't think this would be necessarily market moving.

你最近有关注过波利市场上关于《清晰法案》的赔率吗？自从我们上次聊过之后。

Have seen you the Polymarket, Clarity Act at odds recently since we

不是从上次分析之后，但我估计一下。

last Not since the rundown, but I'm gonna guess.

我猜一猜。

I'm gonna guess.

我觉得大概是46%。

I'm gonna say 46%.

太差了。

Bad.

四十三。

43.

还是维持在四十三。

Keeps 43.

我是理解的。

I mean, I I get it.

但到底什么是真的呢？

But what do get real?

我喜欢用预测市场来判断事情的发展趋势，但很明显，市场其实并不真懂。

I do like to use prediction markets on, like, how how how things are going, but obviously, the market really doesn't know.

这东西最高曾到过百分之七十五，最低也跌到过三十以下。

We've seen this thing as, as high as 75% and as low as under 30.

我觉得，Clarity Act 是推动主流机构和企业资本入场的最关键突破口。

It's it's again I think the Clarity Act is the single biggest unlock for mainstream institutional and corporate capital.

即使比早先预期的要推迟，它仍在推进，并且展现出两党支持的势头，这一点非常重要。

Even even with the delay from the earlier hopes, the fact that it's still progressing and showing bipartisan momentum is big.

明确的规则能降低风险溢价，让机构有更大空间配置资产，同时也会释放更多流动性。

Clear rules will reduce risk premiums and enable bigger balance sheet allocations, and there'll just be more liquidity that gets unlocked.

我觉得，今年如果《清晰法案》能通过，那意义真的非常重大。

Again, I think it's huge as this Clarity Act happens this year.

我觉得这事肯定会成，但我们几乎天天都在聊它。

I think it's gonna happen, but man, we talk about it all the time.

光等着拖到最后一刻，这事儿真没劲。

Just talk about waiting till the last minute.

是的。

Yeah.

说到底，这事儿本来就没那么容易，一直都很让人操心。

Man, it's always, I guess it was always gonna be a sweat.

我们还得继续关注着。

So we'll keep checking on.

我们早就经历过这些了。

We've been there.

我们，那个

We've The

灯还亮着呢。

light's still on.

我后头连个闪动都没看见，所以我觉得挺有希望的。

I didn't even see a flicker back there, so I'm still feeling pretty good.

确实如此。

It's true.

灯一直亮着呢，宝贝。

Light's always on, baby.

富兰克林邓普顿那边出了点有意思的消息，如果你听过最近一期《加密货币101》播客，应该早就知道了。

Some interesting news out of Franklin Templeton, which you you knew about if you listened to the recent episode of the Crypto one zero one podcast.

他们收购了250 Digital，准备推出富兰克林加密货币。

They've acquired two fifty Digital, and they're gonna be launching Franklin Crypto.

所以如果你还没听，一定要去补一下。

So you want to make sure that you go if you have not.

让我找找我的笔记，具体是哪一集来着？

Let me pull up the exact where are my notes here?

是第七百二十八集。

It was episode seven twenty eight.

我觉得大概是上周或者前周的事。

I think it was a week or two ago.

就是第七百二十八集，嘉宾是克里斯·珀金斯。

So EP episode seven twenty eight with Chris Perkins.

克里斯·珀金斯是250数字的CEO，公司被收购后，他现在要负责富兰克林加密货币部门。

And Chris Perkins, it was the CEO of two fifty Digital that got acquired and he will now be heading Franklin Crypto.

在消息正式公布前，我们就跟他聊过。

So we had a conversation with him before the news fully.

其实大家早有风声，但就在交易完成、官方宣布之前，我们采访了克里斯，他接下来会主管富兰克林的加密货币业务。

I I mean, it was kind of known that it was happening, but before the the transaction fully went through and the announcement today, we had an interview with Chris who's gonna be running the Franklin crypto division.

所以回去听听第七百二十八期，布伦丹和布莱斯采访克里斯·珀金斯的那期。

So go back and listen to episode seven twenty eight with Brendan and Bryce as they interviewed Chris Perkins.

但话说回来，富兰克林邓普顿一直在持续布局加密生态。

But again, Franklin Templeton just continuing to build within the crypto ecosystem.

我想我们之前已经调出来过了。

I I I think we pulled it up.

我特意去查了下具体细节。

I went and got some specifics on this.

我们聊到了富兰克林邓普顿申请美国股票比特币股息再投资型ETF的事。

We talked about how they're filing Franklin Templeton's filing for a US equity Bitcoin DRIP ETF.

这种股息再投资型ETF的思路是，先持有股票，然后把股票产生的所有股息都用来买入比特币。

And so the idea of the DRIP ETF is there's going to be a holding of stocks, and then all the dividend from those stocks is going to be invested into Bitcoin.

所以我找到了一些具体的数据。

And so I found some of the specifics.

初期会是95%的股票和5%的比特币，之后所有的股息都会全部投入比特币。

So it's going to be 95% stocks, 5% Bitcoin to start, and then the dividends are gonna be invested into Bitcoin only.

而且比特币的持仓上限是20%。

And then there's a hard cap of 20% Bitcoin.

所以理论上，这有点像一个主动管理的基金——当比特币价格上涨时，通过股息不断买入比特币，一旦比特币占比达到20%，他们就会开始卖出比特币，把资金重新投入股票或者换成现金。

So it's kind of gonna be like a little bit of an actively managed fund in theory when Bitcoin rises as you accumulate Bitcoin through the dividends as Bitcoin rises, if the balance of that gets to 20%, then they will start selling the Bitcoin to I guess reinvest into the stocks or raise some cash.

说实话，我觉得这个设计挺巧妙的，毕竟现在市面上这么多金融产品，我们常叫它‘金融魔术’，这个算是其中比较有新意的了。

So I I actually thought that was a pretty cool unique for all the products that are going out there and the financial alchemy, as we like to call it.

我觉得这个想法真的很不错。

I thought that was a cool a cool idea.

是的。

Yeah.

看到他们开始有点创意，真不错。我估计这个产品最早可能九月份就能上线，不过还得等SEC完全批准。

It's great to see them get a little bit creative, and I think the earliest possible launch for this is sometime in September and still need some, like, full SEC approval.

但看到这些大机构开始另辟蹊径，还积极买入比特币，确实让人高兴。

But it's great to see that some of these, you know, big players are thinking outside of the box, and you love to see them acquiring Bitcoin.

我们太需要这样的新闻了。

We need more headlines like this.

那边还需要更多关注，因为机构依然全面投入在区块链和比特币上。

We need more attention over there because institutions are still fully vested in blockchain and and Bitcoin.

所以，我觉得这整体来看是个看涨的信号。

So, again, I think it's, you know, a bullish side of things.

对。

Mhmm.

同意。

Agree.

同意。

Agree.

现在我们就看看市场会怎么反应了。

Now I guess we'll we'll see what the take is here.

我先请你来分享一下看法。

I'll hand it off to you first.

不管看涨还是看跌，说说你对以太坊的几点看法。

Bullish or not, a couple takes around Ethereum here.

以太坊基金会宣布了一项新架构，将裁减20%的员工。

So the Ethereum Foundation announces a new structure that will be cutting 20% of its workforce.

我觉得这个消息挺有意思的。

Thought that was quite interesting.

然后维塔利克发了一条超长的推文。

And then Vitalik had a book long tweet here.

就是那种你一边滑屏一边想，是该恭喜还是该安慰的那种。

One of those ones where you kind of scroll and you're like, oh, congrats or sorry.

但核心意思是，基金会预算被削减了，这事儿我们之前也聊过，他们一直在卖ETH。

But the summary of it is that happened to you because the summary of it is the Fear of the Foundation budget is being cut, and we've talked about how they've been selling their ETH.

现在团队要精简了。

They're now getting a tighter team.

我不太确定，布莱恩。

I don't know, Brian.

你对这事怎么看？

What what what are your thoughts here?

我们后面还会聊到一些其他消息，可能更乐观一点，但这次基金会的变动看起来不太妙。

There's some we have some other news that we'll get to next that's maybe a little bit more bullish, but this doesn't seem good for the foundation.

你可以从好几个角度来理解这件事。

You you could you could look at this in a couple of different ways.

表面上看，短期确实挺痛苦的，但我觉得这一步对成熟来说是必要的。

You know, off the cuff, sure, it's it's painful short term, you know, but it does feel like it's a little necessary to mature.

削减冗余开支，重新聚焦在核心协议、扩容、用户体验和一层改进上，这才是正确的方向。一个更高效的以太坊基金会，能更快地带来更积极的长期影响，增强以太坊的竞争力。

Trimming overhead and refocusing on the poor, the core protocol, that scaling, usability, the l one improvements is the right move and a a more efficient Ethereum Foundation that delivers this faster and more net positive for Ethereum's long term competitiveness.

所以我觉得这也没那么糟。

So I I I don't think it's horrible.

短期来看确实不理想，但大概率是正确的选择。

Short term, it it doesn't look great, but it's probably the right way.

最近是哪家公司裁员来着？

What what who was the company recently?

是不是Coinbase之类的公司裁了两千人？

Was it, like, Coinbase or something that cut, like, 2,000 jobs?

我当时就想，凭直觉来说吧。

And I was like, yeah, off the cuff.

A

A

很多公司都这样做了。

lot did.

Coinbase 就是其中之一。

Coin, Coinbase did.

Robinhood 上周也裁了一些人。

Robinhood cut some jobs the other week.

团队确实在精简，变得越来越紧凑。

Yeah, teams are trimming, they're getting trim.

是啊。

Yeah.

我觉得他们并不是放弃了自己的理念或投资方向，只是稍微缩减了规模，重新聚焦在核心协议上。

I don't think they're bagging out on their thesis or the investment, but they're, they're, they're trimming a little bit and they're refocusing on the core protocol.

以太坊基金会我觉得可能也需要这么做。

And the Ethereum Foundation, I think, probably needs to do that.

我其实不太愿意看到有人失业，或者任何形式的裁员，但我也希望这步棋是对的。

I I don't I mean, I hate to see people lose their job or any sort of cutting of of any sort of employment, but it's it's it I I'm gonna I'm gonna hope it's the right move.

我还没仔细读完 BitTalc 的那篇完整帖子。

I did not read, BitTalc's entire post here.

我本该读的，不过感觉他一直都在强调去中心化的理念，这很符合他一贯的立场。

I should have, but it did seem he was just really he's just always pushing that decentralized ethos, you know, it's kind of classic, his classic, you know, point of view with decentralization.

是啊，他有些话的意思大概是说，我们并不是在裁员，他经常强调，公司通常说我们在缩减规模，但其实没丢掉什么。

Yeah, guess some of that he's saying like, Hey, we're not saying that we're losing, you know, he's like a lot of times the summary of what I read was the, Hey, usually companies say we're cutting back and you know, we're not losing anything.

我们是在向前推进。

You know, we're moving forward.

我们的团队变得有点臃肿了。

Our team got to quote unquote bloated.

我觉得他并不是在说我们完全放弃某些东西，而是承认会有一些缺失，但这些缺口会通过以太坊基金会之外的更多工作来弥补，只是不会全部补上。

I don't think he's really saying that he's saying, Hey, there's some stuff that we will be missing, but the deficit over here, this line, the deficit will be recovered through more work happening outside the EF, but not all.

那么，究竟要做出哪些重大牺牲，才能让更精简的团队完成这一切？

So what are the grand sacrifices that will enable leaner effort to accomplish all of this?

接着他又说，看看我们用更精简的团队能实现哪些新成果。

And then he kind of goes in like, hey, here's what we'll be accomplishing more with a leaner effort.

但我们会失去的东西，那些缺口会由EF之外的努力来弥补——我觉得这点特别有意思，因为现在他们一直在卖以太坊，那些一直囤币的持币者，比如BitMine、SBet、SharpLink，某种程度上已经成了系统的新的守护者。

But what we are losing, the deficit will be recovered outside of it, which I thought was really interesting because at this point, you know, when when they're they keep selling their Ethereum, the stakeholders that have been stacking it, like BitMine, SBet, SharpLink, you know, they they, in a way, are becoming new guards to the system.

对吧？

Right?

如果他们愿意捐钱或者投资其他公司来扩展网络，那就等于给这个系统增加了更多支脉，我想他指的就是维塔利克那条推文。

And kind of if they're gonna donate money or invest in different companies to build out the network, there's more arms to this thing, which I guess is referring to that Vitalik tweet.

我看到的是，BitTiming、SharpLink，还有以太坊联合创始人乔·鲁宾，共同支持了一个非营利组织ETH Labs研究小组，推动以太坊开发和机构采用。

So here's what I saw is BitTiming and SharpLink and Ethereum co founder Joe Lubin back a nonprofit ETH Labs research group to accelerate Ethereum development and institutional adoption.

这正好就是他之前提到的内容。

So that's exactly what he was referring to.

他说，EF之外还有很多利益相关方，会帮助我们走向未来。

He's like, hey, there's a lot of stakeholders outside of EF that are gonna be helping guide us into the future.

报道BitMine这5%的转变过程，确实挺有意思的。

And it's been interesting to cover the alchemy of 5% for BitTmine.

他们差不多就要成了。

They're basically almost there.

SharpLink那边，我把他们的首席信息官重新安排了一次访谈。

SharpLink, I've rescheduled their CIO.

他过几周会再上节目，到时候我们可以好好聊聊最新进展，顺便深入讨论一下ETH Labs这条推文。

He's coming back on the pod in a couple weeks, so we'll get a cool update with them and we'll bring up this tweet, ETH Labs, to get a deep dive on it.

但很明显，现在出现了一波新的以太坊利益相关方，我觉得这正是这一转变的一部分。

But again, there's a new era of of kind of Ethereum stakeholders, and I think this is part of that, process.

是的。

Yeah.

确实挺有意思，看看以太坊接下来会怎么发展，他们到底想建成什么样子。

I mean, it's it's certainly interesting to see how this is all gonna shake out here for Ethereum and what they're building.

我觉得你刚才说得特别到位。

You know, I think you addressed it great.

是的

Yeah.

我觉得这件事挺有意思的。

And just I thought this was interesting.

Worldcoin 在 Robinhood 上线了。

Worldcoin going live on Robinhood.

Worldcoin 背后有一些挺有意思的投资者。

Worldcoin had some some interesting backers.

那个不是萨姆·阿尔特曼参与的吗？

Wasn't that the one with Sam Altman?

对

Yeah.

用扫描眼睛的方式换 50 美元。

Scanning your eyes for $50.

我想就是这么回事。

I think that was it.

对吧？

Right?

是的。

Yeah.

我觉得这挺有意思的。

I just I thought it was interesting.

我是说，我们当时试着问过Robinhood的乔安·库尔博特，他上节目的时候，就想知道你们是怎么做决定的。

I mean, I we tried to ask Robin Hood, Johan Kurbot, when he was on, of just like, what what what's your decision?

你们是怎么选哪些项目上架的？

Like, do you guys go about choosing what goes on?

他说，哦，影响因素挺多的。

He's like, ah, there's a bunch of different things.

当然，如果大家都在讨论，热度就是一个因素。

Obviously, momentum's one if people are talking about it.

但其实还有很多其他因素在起作用。

But there's a number of different things that go into it.

所以我也说不准。

So I don't know.

我只是觉得这挺有意思的。

I just thought that was interesting.

我当时就想，为什么Worldcoin现在要上线呢？

I was like, why would Worldcoin go live now?

我猜是不是有什么我们还不知道的原因？

I wonder if there's something that we don't know, you know?

对。

Yeah.

毕竟在主流的零售友好平台上推出，确实能提升可及性和流动性，但选在这个时候上线，确实挺耐人寻味的。

I mean, listening on a major retail friendly platform, it obviously expands the accessibility and liquidity, but it's certainly an interesting time for it to come about.

我以前对Worldcoin一直不太感冒，因为那个虹膜扫描的设定，说实话，我有点接受不了。

I was never a big Worldcoin guy because that whole scanning of your eyeball just, you know, I was like, I don't know.

我真不想让人这么扫描我。

I don't really want that done.

你会为了五十块钱让别人扫描你的眼睛吗？

Would you get your eyeball scanned for fifty?

估计不会。

That probably not.

是的。

Yeah.

对。

Yeah.

尤其是生日那天，更不可能。

Especially not on your birthday.

谁知道我们什么时候会

Who knows when we'll

来吧。

come Yeah.

你得再搭上一个芝士牛排什么的。

You'd have to throw in like a cheese steak or something.

我们有些关于BitTensor的新消息。

So we got some BitTensor news.

BitTensor今年年初在AI领域可是风头无两，不过后来势头确实弱了一些。

BitTensor was the bell of the ball AI wise at the beginning of the year, and then, definitely momentum faded a little bit.

但现在又有了新动态，你怎么看这件事？

But back in the news here, what what are you reading into it?

是的。

Yeah.

你说得对，它确实是当年的焦点，这个说法很贴切。之前有些子网络被指太过中心化，现在他们正努力向更去中心化的方向推进。

I mean, you know, there there was it was it your bell, bell of the ball, it's a great way to put it, and we had some subnets saying that they were too centralized, and now they're trying to push forward to a level of decentralization.

这种透明度和坦诚在管理层里很少见，我很欣赏他们承认当初为了快速推进而选择了中心化，但如今明确列出具体里程碑，反而大大增强了可信度。

So it's a rare level of transparency and honesty from the leadership, and I absolutely love that that they're acknowledging the move fast while centralized, but the path of laying out the concrete milestones builds a lot of credibility.

如果他们真能按这个路线图执行，BitTensor有可能成为最强大、最去中心化的AI激励网络之一。

And if they deliver on the roadmap, BitTensor could become one of the stronger, more decentralized AI incentive networks.

我觉得这对BitTensor或者TAL代币的长期前景来说，是个略偏乐观的信号。

I think this is slightly bullish for BitTensor or or the TAL token long term.

看起来他们正试图转向更去中心化的模式，而之前曾有子网批评他们过于中心化。

It looks like they're trying to move to a more decentralized model, and that was one of the knocks that they had from one of their subnets that they were too centralized.

看来管理层认真听取了这些意见，现在正打算稍作调整。

So it looks like the leadership took that to heart, and now they're looking to revamp it slightly.

我挺看好BitTensor的。

So I I like BitTensor.

我也看好Tau。

I like Tau.

接下来几个月，我会更密切关注这件事会如何发展。

So I'm definitely gonna be paying a little bit closer attention to how this is all gonna shake out over the next few months.

很好。

Good.

我们一定会继续为你跟进这方面的动态。

We'll cover it, here for you guys for sure.

我们看看。

Let's see.

天哪，我正想打开驱动器里的表格，结果就被登出Crypto 101播客账号了，真是典型的直播现场。

Oh man, of course, they're signing me out of my Crypto 101 podcast account as I'm trying to pull up the sheet on my drive, classic live content here.

重新登录一下。

Sign back in.

哦，是赛百味的杰瑞德。

Oh, Jared from Subway.

我的天。

Oh my god.

那个大名鼎鼎、人尽皆知的MEV机器人。

The world famous, well known MEV bot.

就是这位。

This guy.

交给你了，布莱恩。

Take it away, Brian.

这可是你的专长领域。

This is this is your this is your department.

嗯，我想我们还是得聊聊这个名字是怎么来的。

Well, I I guess I guess we should talk about, like, where this name comes from.

Jared from Subway。

Jared from Subway.

他是在暗示这是一种‘三明治攻击’。

He's alluding to it being a sandwich attack.

当一个MEV机器人检测到普通用户的大额待处理交易时，就会抢先买入，就在用户订单执行前推高价格，然后让用户的订单以更差的价格成交。

It's when a mev bot sparked a large large pending trade from a regular user, and that bot will quickly buy right before the user's pushing it pushes the price up, and lets the user's trade execute at a worse price.

接着它立刻抛售，把价格压下来，普通交易者就被‘夹在中间’，因为滑点亏了钱，而机器人却赚了。

Then it immediately sells right after pushing the price down, and the regular trader gets what they call sandwiched and loses money in slippage while that bought profits.

这种操作方式还挺特别的。

It's a unique way to do it.

我敢说以前我也被Jared夹过，但他钱包里有大约一千五百万美元，结果被一种很精巧的蜜罐式攻击给掏空了，骗得自动系统批准了恶意合约。

I'm sure I've been sandwiched from Jared in the past as well, but he had about $15,000,000, in his wallet, and it got drained in really a sophisticated kinda honeypot style exploit that tricked the automatic logic into approving malicious contracts.

后来这事又有了新的发展，我觉得我得尽量说清楚这里的情况。

And then this even took another, another take where I think he I, hopefully I get this all right here.

所以事情就是这么发生的。

So that's what happened.

Jared，那个Subway的家伙，丢了一千五百万，但圈里很多人说：你这纯属自找的，因为你长期坑害普通用户，这一千五百万可是他自己的钱。

Jared Jared from Subway loses 15,000,000, but a lot of people in the industry are like, Hey, you kinda got what you deserved because you were, like, kinda screwing regular users for so long, and that was like $15,000,000 of their own money.

我对这事没啥特别的看法。

I don't, I don't have too big of a take there.

我不喜欢这样。

I don't love it.

但就在昨天，他出来宣布，如果有人能追回这笔钱，就奖励七百五十万作为白帽奖金。

But then he, I believe this was yesterday, he came out and he said he was gonna give a white hat bounty of 7 and a half million if anybody could recover it.

接着有个MetaMask.eth的用户——不是官方账号——直接找上门去怼他，他却说：你奈何不了我，这不违法，你能咋地？

And then there was a, I think it was like the MetaMask, a metamask.eth user, it's not the actual account, kind of attacked him and he basically was like, you can't do anything, called him all these names, he's like, you can't, this isn't illegal, He's like, what are you gonna do?

曝光你自己吧。

Dox yourself.

我猜这绝对是你最不想做的事。

I bet that's the last thing you wanna do.

拿去吃了就是。

Just take it and eat it.

钱是你的，你丢了。

You you lost the money.

这事儿挺有意思，毕竟这是个特别有名的以太坊域名，他在这次攻击里丢了整整一千五百万美元。

So it's really interesting, but this is a very well known, Eth name, and he lost $15,000,000 in this exploit.

确实挺糟的，不过现在整个动态里都在传这事。

It it sucks, but it's certainly kind of making its way around the timeline right now.

最后算下来是一千五百万。

Ended up being 15.

这里写着七百五十万。

It says 7.5 here.

我以为他丢了十五百万，然后悬赏七百五十万来找回。

I thought it was 15 and he was offering 7.5.

可能我记岔了。

Maybe I got that a little wrong.

我以为是1500万。

I thought it was 15.

他提出如果有人能帮忙找回，就给750万。

He was offering 7.5 for the actual, if anybody could help recover it.

但简而言之，他丢了上千万美元，可没几个人为他感到惋惜。

But long story short, he lost millions of freaking dollars and not a lot of people are, are, are crying over what he lost.

赛百味的杰里德是个挺有意思的人物，赚钱的方式也很特别。

So Jared from Subway was interesting, character who made money in an interesting way.

所以，说到底，我们对他也没什么同情心。

So we don't feel bad for this guy, I guess is the summary of it.

不管到底是750万还是1500万，这都算得上是史上最贵的五美元三明治了。

And that is one expensive foot long 7.5 mil, whether it's 7.5 or 15.

五美元的三明治，现在贵得离谱了。

It's an expensive foot long for a $5 to the show.

五美元三明治的价格，确实涨了不少。

The $5 footlong got a little bit more expensive.

这通货膨胀也太离谱了。

That's a wild inflation.

是啊。

Yeah.

事后回头看，他们说被盗金额其实更接近1500万，所以当时报道的数字是1500万。

I'm kinda doing a it appears that after the fact saying closer to 15, they're saying the stolen amount was, yeah, so it was being reported at 15.

所以我现在才知道，实际被盗金额更接近750万。

That's why I know now it's saying the stolen amount was closer to 7.5.

至少他亏了750万，而运营方声称总损失接近1500万美元。

So he at least lost 7.5 with the operator claiming the total losses were closer to 15,000,000.

明白了。

Got it.

他亏得可真不少啊。

So he lost a lot, dude.

简而言之吧，但我真不觉得这事儿有啥好操心的。

Long story short, but I don't know, I'm not I'm not losing sleep.

如果这只是个普通用户被狠狠坑了，我肯定会觉得特别过意不去，但他可是早就长期在坑那些普通散户了。

I I would feel horrible if this was, like, just a regular user who was absolutely attacked, but, you know, he was he was preying the regular retail users for too long.

事情已经这样了，还能怎么办。

It is what it is.

我没什么特别的看法，只是觉得这事儿确实挺有意思，一直有人在讨论。

I don't have much of a take other than it was definitely an interesting story that's been floating around.

挺有意思的。

Interesting.

我想我们可以收尾了。

I guess we could wrap up.

我本来想着，趁机做个关于SpaceX的总结。

I thought it'd be cool to wrap up some Space X talks.

今天涨了5%，但五天内整体跌了40%。

So today up 5% on the five day down 40%.

抱歉，是整体跌了20%，股价基本回到了IPO时的水平。我们当初就说过，要是刚上市就打算交易，说不定能抓住点机会。

I'm sorry, 20% overall basically traded back even to its IPO price, which credits us, we kind of called really, hey, you want to trade this thing out of the gate, probably some opportunity there.

但从长远来看，到底该买还是不该买，我也说不准。

But I think, know, long term, know, maybe it's a buy, maybe it's not.

你得自己做足功课。

You got to do your own research there.

这公司挺有意思的，资产负债表和收入情况都值得关注，至于盈利嘛，那就另说了。

The it's a fascinating company with an interesting balance sheet and revenue when it comes to profitability for sure.

你得自己做足功课。

You gotta do your research there.

不过我们这期节目确实说准了，我挺自豪的，当初我们就说了，一上市肯定会有波动。

But we nailed it on this show, which I am pretty proud of because we said, hey, out of the gate here, there's gonna be some volatility.

确实有交易机会，特别是如果你能拿到上市前的股份。

There's definitely some trading opportunity, especially if you could get those pre IPO shares.

但一旦开始交易，肯定会有不少人套现离场，而那些禁售期还没真正开始呢。

But once it starts trading, yeah, there's gonna be a little bit definitely some exit liquidity and those lockups haven't even really started yet.

所以可能还会继续承压。

So maybe more pressure.

对长期持有者来说，这可能已经是合理价格了。

Maybe this is fair value for long term holders.

我们还得再看看。

We'll have to see.

布莱恩，你对SpaceX有什么看法吗？

Any any insights into SpaceX, Brian?

尤其是关于代币化股票这方面，有什么信息吗？

Any, or especially around, like, the tokenized stocks?

你一直关注的那些事，最近有什么新动态吗？

Any news on on all that stuff that you've been following?

是的。

Yeah.

SpaceX上市那会儿，这可是好几周的热门话题。

I mean, this was, like, the talk of the town for, like, a couple weeks at the SpaceX IPO.

我知道乔当时深度参与了。

I know Joe was heavily involved in it.

我一直在密切关注。

I was watching very closely.

股价一度飙升到220美元，像坐了火箭一样，现在又慢慢回落了。

I mean, thing ran up to like $220 on an absolute rocket ship up, and it's slowly bleeding back.

没错，这得归功于我们。

Yeah, credit to us.

我觉得我们之前判断得挺准的，因为知道流通股数量很少。

I I think we we called this out pretty correctly because we knew there was a low float.

一开始流通量大概只有455万股，自然会有抛压。

I think it was, like, 4.55 initially, and there's naturally some sell off.

但我觉得大规模解禁应该是在三个月后。

But I think the big unlocks come, I believe it's at three months.

所以再过两三个月，股价可能还会再跌一截。

So in three or two and a half months from now, we could see another leg down.

对此我一点都不觉得意外。

I would not be shocked by that in by any means.

我真的很看好SpaceX。

I do really like SpaceX.

我觉得他们正在做一些非常独特的事情。

I think they're doing some really unique things.

我觉得这会是个挺值得持有的股票。

I think it could be a very interesting stock to hold.

我完全没投资它。

I have zero exposure to it.

我本来的打算就是先静静观察，特别是今年还有两个重磅IPO要来。

My whole plan was to kind of just watch this, you know, play out, especially because we have some two big IPOs coming up this year as well.

OpenAI和Anthropic都要上市了，肯定也会引起不少关注。

We got, OpenAI and Anthropic coming out, which is gonna get some attention as well.

也许我会稍微参与一下，但很多早期IPO，像Facebook刚上市那样，你都能看到股价先冲一波，然后接下来六到十八个月慢慢跌回去。

And maybe I'll dabble in that, but a lot of these initial IPOs, a lot of people point to Facebook initially is that you can see, you know, that initial spike up, then it just kind of bleeds out for six months all the way to a year, year and a half.

之后才会慢慢回升。

And then, you know, it slowly starts to go up.

所以很明显，那些在Pre-IPO阶段就进场的人，大概率会在三个月锁定期一到就立马抛售。

So obviously people who got in at pre IPO are going to probably Insta sell right around that three month mark.

我会密切关注，因为我挺想分一杯羹的。

I'll be watching it closely because I'd like to get some exposure.

要是三个月后股价比现在还低，我一点都不会觉得意外。

I I I wouldn't be surprised if we're lower than this in three months from now.

你对这个怎么看？

What's your take there?

我一开始也是这么想的。

That was always my thought.

我确实没拿到多少。

I saw got I didn't get a ton.

我记得就搞了大概五十股左右。

I think I got, like, 50 shares or something.

也就几千块的成本，后来涨到二百块我就卖了。

It was a couple grand, and then I sold it at 200.

我以为那个冲高顶点是2.25美元，结果立马跌回了200美元。

I thought that blow off top was $2.25, and then it crashed down to 200.

我当时就想，嘿，我已经涨了70%了。

I was like, hey, I'm up 70% here.

不如趁这时候落袋为安吧。

Like, let's let's take that.

我后来吃了亏，因为是在Robinhood上卖的，听说如果三十天内抛售，未来九十天就别想参与新的IPO了。

I got dinged because I did it on Robinhood, it's like, if you'd sell this within thirty days, you get like blackballed from future IPOs for ninety days or something.

我当时也挺纠结的。

And I was like, I don't know.

但我总觉得，等解禁期一到，股价迟早会回到发行价。

I just feel like this is gonna go back down to its IPO price eventually, with the unlocks.

所以我就卖了，赚了点小钱，知足了。

And so sold it, took the nice little profit, we'll take it.

这事儿我上节目时也提过。

And that's what I said on the show.

我当时就想，要是这东西突然暴涨，我就卖了。

It was like, hey, if this thing blows up or pops off, I'm selling.

我觉得后面还会有更大的抛压。

And I think there's more selling pressure to come.

说实话，我真说不准它值多少钱，因为这家公司根本不赚钱。

Now what I don't, here's the thing I don't, and open and honest, is just like I don't know what fair value is because it's not a profitable company.

但它确有一些盈利不错的业务。

It has interesting profitable things.

比如XAI，还有星链，不是SpaceX，是星链。

It has x AI, profitable space not SpaceX, Starlink.

星链是个很棒的互联网品牌，我觉得未来会大有作为。

Starlink is a great Internet brand that I think is gonna really take off.

他们手里的筹码太多了。

They have so many pieces of it.

我觉得我可能会这么操作，不过再说一遍，这可不是投资建议。

I think and and then you gotta think, so the way I might play this, and again, this is not personal financial advice.

这其实就是几个朋友在这儿聊聊投资、加密货币和股票。

This is just a couple friends here talking, trading, and crypto, and stocks.

我觉得机会可能在春天，所以不管你打算投多少钱，这都是个长期布局。

I feel like the play might be to spring, so they'd be like, whatever money you wanna invest, this is a long term.

所以我考虑干脆用个免税的个人退休账户来做这笔投资。

So I I'm thinking like this I might even do this in like an IRA, like a tax free IRA.

我打算先往IRA里存一笔钱，然后每周定期买入。

And so what I what I think I'm gonna do is put a chunk of change in for to an IRA and just buy like weekly.

现在我每周对SpaceX和特斯拉各投相同金额。

Right now is SpaceX and Tesla, the same amount each week.

我期待的是，特斯拉将来会被SpaceX收购。

And and the hopes would be that Tesla's gonna get acquired by SpaceX.

如果真发生了，SpaceX股价可能微调，但特斯拉大概率会大涨，说不定能涨个二三十甚至百分之四十，只要交易成真。

And so you could, I think if that happens, SpaceX trades off a little bit and, but Tesla would go up a lot, probably, I don't know, twenty, thirty, 40% of that actually, if the number of that deal went through.

到时候你就等到了那个关键的整合，那才真正是未来的方向。

And then that's the merge you're waiting for, and then that it's just like a future.

这是一家充满未来感的公司。

It's a futuristic company.

我觉得他们的市盈率差不多有100倍。

Like, I think they're it's like a 100 times earnings.

那你到底买的是什么呢？

So, like, what are you really buying?

你买的是对马斯克和火箭的看涨期权，这太棒了。

You're buying a call option on Elon Musk and rockets, which is awesome.

就是火箭、机器人、人工智能，还有马斯克。

It's rockets, robots, AI, and Musk.

说白了，就是这么回事。

It's like that's that's what it is.

所以我觉得，从短期来看，一两年内，它会是个流动性很强的资产。

So I think in the short term of like a year to two years, it's gonna be a liquidity instrument.

牛市来了就猛冲，熊市来了，这肯定是第一批被抛售的对象。

It's like, hey, bull market, pile in, bear market, that's gonna be one of the first things people are gonna sell.

然后你得考虑禁售期的问题，如果你已经持有了五到十年，赚了天文数字的收益，肯定得拿一部分利润出来落袋为安。

And then you gotta factor in the lockups where it's like, if you've been in this thing five, ten years and you, you know, have astronomical gains, you're gonna you're gonna take some off the table for sure.

从仓位管理的角度来说，有些基金可能会把大量资金留在里面，但你还是得合理控制仓位。

Just from a position sizing thing, like, think some of these funds are gonna keep a lot money in it, but like you gotta position size it.

对。

Yeah.

我喜欢这个说法。

I love that.

这个观点太棒了。

I love that take.

我目前没有持有SpaceX的股票，但等这些禁售期结束、价格稳定下来之后，我就准备入手。

I I I don't have any exposure to SpaceX, but I'm gonna start after these unlocks kind of go through where the price settles.

我想我会跟你采取类似的策略，重新开始定投，就像我处理我的比特币持仓那样。

I think I'm gonna take a similar approach to you and I'll just start dollar cost averaging again, almost how I treat my Bitcoin bag.

我知道股价可能会跌10%、20%甚至40%，但我对它的长期前景非常看好，所以根本不会为此焦虑。

You know, I'm not sweating the 10%, 20%, 40% drawdowns because I'm so bullish on it long term.

我对SpaceX的长期前景非常看好，但我觉得短期内可能还会有些波动。

I am bullish that where SpaceX can go long term, but I think there's a little bit more bleed out we can see.

然后我就想慢慢建仓，之后干脆几年都不去管它。

And then I kind of just want to slowly acquire a bag and then you almost like forget about it for a few years.

是的。

Yeah.

这感觉就像个养老金投资。

It feels like an IRA play.

再说一遍，我不能给任何人提供个人财务建议。

Like, again, I am not a I can't give anybody personal financial advice.

如果你打算买这个，就得做好长期持有的准备，就像买比特币一样。

It feels like if you're buying this thing, you have to want to hold it for know, it's like a Bitcoin almost.

这是一轮周期。

It's a cycle.

这得持五年。

It's a five.

这可是满分。

It's a 10.

我的意思是，你就是在说，这事要么成，要么不成。

I mean, this is just something you're saying, hey, this is either going to work or it's not.

如果真成了，那这生意的盈利潜力几乎是无穷无尽的。

And and if it does work, then, yeah, I guess the the profitability of this thing is, you know, never, never ending.

它正在创造一个全新的行业，就像当年特斯拉做的那样，对吧？

It's creating a whole new industry, just like Tesla did at the time, right?

特斯拉后来成了电动车领域绝对的王者，这没什么好争议的——它是唯一纯电出身并活下来的公司。

I mean, Tesla became the absolute, I guess it's fair to say that this is a fact, like the best business of battery powered electric cars, the only one that kind of survived because it was electric only.

我觉得像福特、通用这些传统车企，其实也推出过一些电动车，但效果一般。

I think, you know, other companies like Ford or GM, they they started either either they have some ones that work.

对这些老牌车企来说，混动车型反而利润更高，可他们又砸了大笔钱进电动车，结果现在都快撑不住了。

I think the hybrid ended up being the most profitable for those legacy car companies, but then a lot of the legacy ones put all this money into the EV and then they're they're bagging it.

他们现在说，算了，我们不干了。

They're like, yeah, we're not doing it anymore.

所以，特斯拉其实证明了它有这个能力。

So, you know, Tesla kind of proved that, you know, it had the wherewithal.

现在很明显，争议在于：看空的人说特斯拉是个汽车公司，看多的人却说不，它是一家人工智能机器人公司。

Now, obviously, the debate is, you know, the bears say Tesla's a car company, the bulls say no, it's an AI robotics company.

对SpaceX来说，也会出现类似的看多和看空分歧。

So it's gonna be a similar bear bull for SpaceX.

看空的人会问：这到底算什么？

The bears are gonna be like, what is this?

就那些火箭？

The rockets?

根本赚不到钱。

Like, it's not profitable.

而看多的人会说：我们可是真要去月球了。

And the Bulls are gonna say, hey, we're literally going to the moon.

这事儿肯定会挺有意思。

So it'll be a fun one.

这事儿看着和报道起来都特别有意思。

It'll be a fun one to to watch and cover.

再补充一点，对我来说，这真是个很难错过的机会。

Another just to put one more bullet point on that, just a tough fade for me.

说实话，我也想参与进去。

You know, I can't, like, I want to get in on it.

我只是希望能有点儿参与感，因为这正是我擅长的领域。

I just want to have some exposure because this is like what I'm built for.

这算是一种有点儿冒险的资产，潜力可能直冲云霄，但一想到五年、八年之后，股价涨到一千美元一股，我却跟孩子说：‘哎，那时候我每周还做播客聊SpaceX呢’，我就觉得受不了。

It's like a little bit risky asset that could go to the moon, and it really tough for me to look back and like, let's say this is trading at a thousand dollars a share five, eight years from now, and I'm telling my kids, Oh, yeah, I was doing weekly podcasts talking about SpaceX.

你当时买了多少？

How much did you buy?

我？一分都没买。

I'm like, Zero.

真没法接受这种事发生。

Like, it just just can't do that.

所以我打算

So I'm

我也觉得得

like, I'm

得定期买入一些，但我确实相信他们能做成大事，也想参与一点。

gonna I'm gonna have to DCA into it, but I'm also a believer in what what they could do and want some exposure.

说到这个，我之前跟你说过汤姆·李和以太坊的事，结果到现在还没兑现。

Well, the spin zone, that's what I said about Tom Lee and Ethereum, and that that has not played out so far.

还在拿着。

Still riding.

还在持有。

Still holding.

是的。

Yeah.

这正是我之前说的。

That that's exactly what I said.

我当时就想，我每周都聊这个人，可他当年比特币还不到五千美元的时候，已经在电视上拼命喊话让大家买入，我怎么能不参与呢？

I was like, I can't be talking about this guy every week, and not be a part of it after he went on national television forever when Bitcoin was under, you know, $5,000 a coin pounding the table as a as a buy.

说得对。

So good point.

我觉得最重要的一点是——我们之前聊过，我可能也提过，但自从直播以来还没再翻出来看：SpaceX从第一天起就是市值前十的公司。

I just think the number one thing for and we've talked about I think I talked about this, but we didn't pull this up since it's been live is, you know, listen, SpaceX is a top 10 company by market cap and it was on day one.

所以你看，那些赚到改变人生财富的人，都是在Nvidia还很不起眼的时候就入手了。

So again, when you, you know, the people that made life changing money, they bought Nvidia when it was way off.

那时候它甚至都没在这份名单上。

It wasn't even on this list.

它当年就一家做游戏显卡的公司，后来游戏芯片转型成了AI芯片，直接起飞了。

It was a video game company and then it now the video game chips turned into AI chips and it rocked it up.

你要是能回到过去，买下Alphabet（谷歌）、苹果、微软，或者亚马逊刚起步、贝佐斯还在卖书的时候，一路持有到现在，就能看到它变成什么样了。

Again, you could have go back in time and buy alphabet goo or Google at the time, Apple, Microsoft years and years ago, Amazon when Jeff Bezos was selling books and you ride it to what it's become.

那些从罗素2000指数里冒出来的公司，迟早会爬到市值前十的位置。

That's when you when you when you pick up these companies that are in the Russell 2,000, they will make their way up to the top 10 by market cap.

这种改变人生的回报，往往需要好几年才能实现。

That's how you have those life changing gains, but it takes years to get there.

我觉得SpaceX这件事还牵扯到另一个层面——现在很多公司要等到真正成熟了才上市，今年晚些时候，Anthropic和OpenAI也会这样。

I just think with SpaceX, there's a there's a whole another different side to this conversation of, like, companies not going public until they're fully matured, and you're gonna see that with Anthropic and OpenAI later in the year.

这两家公司一旦上市，我觉得市值至少能进前十五、前二十。

Those those companies are gonna, you know, IPO, and they're gonna be somewhere in this top 15, top 20 is my guess as well.

说不定还能冲进前十。

If not, top 10 maybe.

这代表投资进入了一个新时代，至于别的，我没什么特别笃定的看法。

So it's a new era of investing and yeah, other than that I I don't have a solid take.

要说别的，我真不敢乱下定论，这可是典型的‘话不能说太满’。

I I think other than this thing can't really it can't really is a famous last words.

我觉得SpaceX短期内不太可能翻倍、三倍甚至四倍，因为它现在根本赚不到钱。

I just don't think SpaceX could really double, triple, quadruple in the near term just because it's just not profitable.

未来的盈利前景也看不太清楚。

It's just the future earnings don't make sense.

没错。

Yes.

我同意。

Agreed.

我也同意。

Agreed.

几个月后我打算定期定额买入。

Can't wait to dollar cost averaging on in a few months.

对。

Yeah.

是的。

Yeah.

它的市值还不够低，不可能变成那种迷因币，你知道的。

And and it's not a low enough market cap to truly become like a meme coin, you know?

所以我想表达的是，你可以在长期看涨，但要成为市值前十的公司，有很多因素要考虑。如果你不了解这些，只是盲目买入，那你得先搞清楚自己到底在买什么。

So it's like there's there's factors to the summary of what I'm trying to say is you can be bullish on long term, but there's factors to being a top 10 company by market cap that you you like, if you're not educated on that, you don't understand what market cap is and you're just buying it blindly, you need to do a little bit understanding of of what you're buying.

当市值这么高的时候，要推动价格变动就需要更大的力量。

And when the market caps are so high, it takes a lot more to move that price.

是的。

Yeah.

完全没错。

Abs absolutely.

我很欣赏你的观点。

And I love your take.

对。

Yeah.

我特别喜欢你关于SpaceX可能收购特斯拉的分析。

I love your take about SpaceX possibly acquiring Tesla.

我觉得这个想法挺好的，

I think that's I think that's

确实是个不错的选择。

a nice one to That would

会是

be a

一个值得截取的精彩片段。

nice one to clip.

这并不是完全没有可能。

That's not a non zero chance.

我想顺便提一下，这样一年后我可以自己截取这段话。

I just wanted to say it here too, so I could clip myself a year from now.

我会说，嘿，我当初也这么想过。

I'm like, hey, I was in on it too.

这不光是Tevo的想法。

It wasn't just Tevo.

嘿，我们还需要

Hey, we need another

这个播客还需要一个精彩的片段。

The podcast needs another great clip.

我是说，我们几年前就做过罗宾汉这个话题。

I mean, we did Robin Hood, years ago.

我们社区里和播客里当然出过不少爆款，比如Hyper Liquid就特别火，还有其他几个也挺成功的。

We've had some winners obviously inside the community and on the podcast with, you know, Hyper Liquid was huge for us and some others.

一路上我们确实有过不少亮点，不过能碰上一个好故事，确实挺让人开心的。

So we we have winners along the way, but yeah, it's nice to get a storyline right.

我很期待看看这个故事最后会怎么发展。

So I'm excited to see how that one will work out.

如果需要，我们到时候再剪一段出来就行。

We'll clip it if we need be.

除此之外，今天就先到这里吧。

But other than that, we'll wrap up.

我得收工了。

I gotta wrap.

谢谢大家在聊天区送的生日祝福。

Thank you guys for the birthday wishes in the chat.

马特发来了一条超级留言。

Matt coming through with a, super chat.

哦。

Oh.

哇。

Wow.

是生日专属的超级留言。

A birthday super chat.

这简直太让人意外了。

That's unbelievable.

他说很感谢我们每周提供的优质实时信息。

He says he appreciates the good live info we provide, you know, each week.

谢谢你，马特。

So thank you, Matt.

真的非常感谢。

Really appreciate it.

谢谢大家的生日祝福。

Thank you all for the birthday wishes.

大家给这个视频点个赞，新朋友记得订阅。

Give this video a thumbs up everybody, and subscribe if you're new.

下面还有链接，欢迎加入我们的社群。

And then obviously, the links below to be a part of the community.

每次Brian上节目，都有他的一美元试用活动。

We got Brian's $1 trial there every time he comes on the show.

现在加入社群参与进来正合适，因为我觉得这里长期来看很有价值。

It's a good time to get into the community, get involved because, again, I think there's, there's long term upside here.

所以你们尽量多了解一些信息。

So you wanna get as much information as you can.

我们周五再和Brian见面。

We'll be back Friday with Brian.

不好意思。

I'm sorry.

今天Brian来了。

Brian's here today.

周五我们再和Brendan以及Hunter见面。

We're back Friday with, Brendan and, and Hunter.

那场节目肯定很精彩。

So that'll be a fun show.

一如既往，谢谢大家。

Thank you all as always.

今天就到这里。

That's all for today.

下次再聊。

We'll talk to you next time.

大家再见。

Bye, everybody.