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Why Hunter Biden Thinks Dollars Are A Scam

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They've made it basically impossible for us to be able to um come to any agreement on the Clarity Act based upon [music] the ethics. As much as he's promised to be the crypto president, I think that he's done more harm than good. When's the last time you talked to somebody in the Trump family? >> I think never. >> Wow. You don't think you've ever talked to them? >> No. >> Was the cocaine in the White House yours? What's going on, guys? Today we have an absolutely ridiculous conversation. It is with Hunter Biden. Yes. The son of the former president of the United States is here. This guy has been accused of all kinds of things in the media. He has done all kinds of ridiculous things in his life. He literally is hated by half the country and the other half of the country doesn't even know what to think about him. But he sat down with me and he's pretty unfiltered. He explained what he thinks about Bitcoin, about cryptocurrencies, about artificial intelligence, about politics. He says nice things about his dad. He actually critiques the Biden administration. He says nice things about the Trump administration and he critiques them as well. And then I even ask him questions like, "What do you run for president? Was the cocaine in the White House his?" And all kinds of other things that you've probably always wanted to know from Hunter Biden. Gotta give the guy kudos for coming in here answering questions, being pretty straight up and pretty transparent. I think you're going to enjoy this one. Here's my conversation with Hunter Biden. Hunter Biden is here. Let's just start off with the big question. Do you like Bitcoin? Do you own Bitcoin? I I like Bitcoin, but I don't own Bitcoin. But I but I I aspire to own into Bitcoin one day. We'll see. But no, I'm a I'm a big fan. I I a long time ago, I read a thing called the uh not a long time ago, but a while back, I read a thing called the internet of money, and I was very interested in and digital money and and uh and microtransactions based upon some work I did um for the a thing called the World Food Program. And so I became a real believer, a real believer in in in Bitcoin specifically and in in the blockchain uh generally. >> Now when you think about Bitcoin, it seems like Bitcoin has kind of different value propositions to different people. You're talking about the technology. Obviously both Republican and Democrat presidents have been insane in the government uh money printing scenario. Uh, do you think that's the number one argument for Americans to hold Bitcoin is just like we're going to print money, inflation is going to go higher and you should protect yourself or is there some other reason? >> Yeah, I a while back I I put out a tweet that I didn't think that was that controversial, but it was provocative and I said, you know, the fiat um uh uh fiat currency is a sham. And you know, the truth of the matter is is that yeah, of course it's a sham. I I I mean any u any government that can print um currency at will um it doesn't actually equal money. I um you know I mean I I talk about that I've talked before about this is that the history of of the dollar in and of itself. We're at $40 trillion in debt. I think within the next two years we'll probably be closer to $50 trillion in debt. we have um uh we we we have lost 97% of the value of a of a dollar since 1913. Um and uh and inflation is just built in. It's a basically a built-in tax on the American um the American people. And so I don't necessarily think that that means that you don't have fiat currency, but from around the world the our um uh you know it's clearly understandable why we are um as Americans um it's difficult for us to see any other way um than um than than the dollar. But if you live in Argentina or if you live in Venezuela or you live in, you know, name a half a dozen other places in our lifetimes, um the the idea of a decentralized um uh uh uh money, you know, digital money, the um uh protected by the blockchain is obviously the future. Yeah. And one of the reasons that I came to this is that when I worked at this thing called the US UN World Food Program, uh it's UN World Food Program is the largest humanitarian organization in the world. They see they feed over like 75 million people in 82 different countries. They go to every hot spot in the world when it you know from a typhoon hitting to um the um uh uh civil war. Um and what happens is there's a lot of creation of refugees and refugees come into another neighboring country and they cannibalize the economy there. And so what we tried to do is we tried to create a um uh digital wallets for the purposes of creating of being able to have microtransactions within those communities so that you you were you were being additive to a community rather than purely uh extractive. And and that led me down this path as it related to um for instance the the the um the majority of people in the world globally are unbanked um and and populations that um are unbanked that uh send money across borders and um and pay these insane usery fees for for that. um here in the United States of America going back to Central America or um or or Mexico is paying anywhere between 10 and 15% um basically tax on any money that you get to the blockchain solves that Bitcoin in particular solves that but cryptocurrency in general um solves that and I believe in the democratization of the you know of financial instruments for that purpose. I think that in a global economy, in a world in which we are fully connected, the last place in which we are connected and able to transact and communicate with each other is through financial instruments. And I think that, you know, the um uh the incumbent um industry is going to fight it tooth and nail as they adopt it, you know, um uh behind the curtain. >> Now, I want to play a game with you. I want you to say, what is your biggest critique of your dad's administration? What is your biggest critique of the Trump administration when it comes to crypto? And then we're going to do positives. But first, let's start with the negatives. What do you think? The biggest critique of Biden administration, biggest critique of the Trump administration. >> Biggest critique of the Biden administration, in my opinion, was a uh a knee-jerk reaction to uh crypto as being uh inherently uh criminal. Um uh and it seems to me that it uh that the the um uh the incumbent industry and the banking industry um made it very difficult for uh the Biden administration is to see beyond some of the negatives that uh uh that people would point out. for instance, in um you know, in black markets and the the ability to um anonymity and and things like that. And and I think that they just were um very shortsighted. And I think that they ended up with a very very um costic relationship with the with the people in the crypto industry that totally deteriorated into um you know, almost all out war. And I think that that was just very shortsighted. As it relates to the to the Trump administration, my biggest critique of the Trump administration is simply the purely that the personal involvement of a sitting president of the United States in the industry to profit for himself and his family. And I don't see in any period of time in which that is right. And now I know people the immediate thing is well what about you Hunter? Well, what about me? What about me? When my father was president of the United States, I made an average of about $220,000 a year over the course of four years as my dad was president and I didn't do any business exel except paint and sell my paintings through a gallery to by the way known buyers for each one of them. What they're doing in crypto, it goes well beyond launching tokens. It goes well beyond um uh you know simply that that max extraction play that they did as it relates to meme tokens. What they have done is they have now gotten a banking license through um uh the uh the office of the comproller. They have embedded themselves in terms of investments into organizations that are uh that are absolutely 100% um reliant upon the um this administration's oversight and and and regulatory environment. They've made it basically impossible for us to be able to um come to any agreement on the Clarity Act based upon the ethics um uh um uh negotiation, the negotiation around ethics language. And so as much as he's promised to be the crypto president, I think that he's done more harm than good. >> Now, what do you would you say is the most positive thing about the Biden administration and then what is the most positive thing you could say about the Trump administration? >> I think that the most positive thing about the Biden administration was the way in which uh uh they um rallied the world. Um uh and what I mean by that is that I think that um the when my dad came to office, he inherited a very difficult time, an enormous amount of division around the world as it related to some of the most important things that were happening. And that was what happened in uh the the Russian incursion and invasion into Ukraine and you can go down the list. And the way in which he healed the relationships that we had which I think is the most important alliance that we had um is NATO and added for the first time in in in the history of NATO two um additional countries Finland and Sweden as was as something that no one said that he was going to be able to do. Similarly, no one said that he was going to be able to pass any legislation in a Congress that was so um narrowly divided. and in a 2-year period of time, he passed more bipartisan legislation than any president since Lyndon Johnson. So, those two things, the ability to bring people together, even at in times in which everyone uh was certain that there are divisions um were going to make that impossible. In terms of the Trump administration, I've said this many times. I understand why the Trump why people voted for Donald Trump. And one of the reasons is is because they're angry. And they're angry at the fact that they have been left out of the deal. They've been left out of the um uh of what at least from my generation was the idea that we would always have the opportunity to do better than our parents did. And that is not happening anymore. And it hasn't happened for a long time now. And I I think that they feel felt left out. And I think that they were given a um a scapegoat that he created. But he talked he t before he was elected. He talked to that um uh uh that that feeling um and that requires a radical change that requires a radical change in this country as it relates to a whole bunch of things um because I think the vast vast vast majority of us feel just completely um left out of the um the American dream. Is there anything specific about Donald Trump or his family though that you would say positive? Or is it more so that you understand the message they brought and why it resonated? >> Well, you know what? I I I have a real hard time, man. And I and I'll be just absolutely um frank with you, okay? Is he's a [ __ ] and he he's made it really really really he's made my life really difficult and so have his kids. You know, I I look at somebody like um Jared Kushner for instance, and I don't know if you just read the report as relates to Jared Kushner. Jar Jared Kushner and um uh as one of the principal architects of his domestic and political policy in the first um presidency and then while he was out of office in terms of running against my dad and me as and and and Don and Eric, I think to a lesser degree because I don't think their dad listens to them that much to be completely frank. But we're were not just um uh they it wasn't like just sharp elbows. You know, I' I've experienced a lot of politics in my life. Since I was uh 2 years old, my dad has been a a national figure in the political scene. And people always say to me, "Well, you must be used to this." There's nothing like this. the level of cruelty and viciousness that um uh Trump um and then and and then flowing down um in his uh concentric circles of influence around him is just it's it's absolutely outrageous. So when you ask me if I have anything nice to say to them um I I I don't just being absolutely honest and it's not Trump derangement syndrome, man. I I am uh you know I kind of a I'm kind of the roshock test of like or or or the the um avatar for um so many of the things of the excesses of this past um 10 years and um and I don't and I'm not a victim. I I came out the other side of of of all of this and I feel more confident in who I am and in um in in in uh in my place in in in the lives of the people that love and and and respect me and more free and at liberty to say the things that I believe than I've ever felt in my entire life. So in that sense I I I thank them for the gift of that. I think I thank them for the gift of the complete dehumanization and uh that that that went on for you know a four or sevenyear period of time as it relates to the direct attacks to me but I'm not sending them any Christmas cards anytime soon. >> Today's episode is brought to you by Arch Public. Arch Public has just expanded its agentic trading platform beyond crypto. So pay attention. This is a big one. Now they are automating strategies across stocks, commodities and ETFs. And I think that this is going to be huge. You can now automatically take profits when one market hits new all-time highs and rotate that capital into other markets showing more opportunity. Whether you're rotating capital into AI stocks, gold, if you're investing in the S&P 500, or you're accumulating Bitcoin, Arch Public brings real discipline and automation to your investment strategy. Additionally, they've launched a powerful new tax loss harvesting tool. 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I think that was maybe one of the biggest surprises is just like every day it's almost like you're getting beat up on the internet and you never said anything until recently and then you got on Twitter and it looks like you're frankly having a blast on Twitter and kind of like, hey, now I can talk. So talk a little bit as maybe the the the uh dichotomy of not talking and then now all of a sudden being able to say whatever you want having a direct audience. >> That's that's thank you for the question. It's really insightful. I mean a lot of these things very rarely do people ask me that that the way that you just asked me that and um yeah man it it has been um it was really hard. It was really hard. But here's the reason why that I didn't say like that that you didn't hear from me particularly during the 4-year period of time that my dad was president because I truly you know as much as as much as whatever the narrative that has been um u the [clears throat] Fox News narrative just let's you know use use them as the example the Fox News narrative of Hunter Biden was either that I was a near do well failed son um that basically uh that has been living in my dad's slipstream you know, uh, and coasting on, uh, his laurels, uh, for my whole life. And that's one, you know, that's one thing, uh, uh, narrative. The other narrative is that I was the head of a a a global crime family, literally, um, you know, going around the world and and picking up bribes and things like that and and, uh, a whole host of things. And it was incredibly frustrating not to be able to respond to that. But number one, I I really do believe this is that it's not the place of a son of a of a of a brother of a um a son-in-law, a daughter to um when there when uh or or anyone in a family um that is not actually literally a part of the of the administration to speak and and and to express their views and to to um pick their own fights. um while you know, at least for me, while my dad was president, it just wasn't right. It puts it puts an not just him, but the entire administration in a very very difficult position. Um and so even if you believed all of the things that that the that uh the media um uh pained me, and by the way, some of them were true, man. Some of them were true. Um much all of it, not all of it, but about my addiction. um when my dad was not president, I got sober and clean and sober in 2019, a year before or more than a year, 18 months before he ever became president. But the other reason was is that when the Trump administration um kicked off a investigation um into me through the Department of Justice and through the Republican US attorney in the state of Delaware, uh literally as they were walking out the door, it made it impossible. I I you know, I've been a lawyer. I I was a lawyer for um you know close to 30 years now and I would never ever ever let a client go out that was under indictment or under investigation by the US Department of Justice is go out and just willy-nilly, you know, speak on, you know, uh in in front of TV cameras. It's a recipe for disaster. [snorts] And so I had to keep my mouth shut. But what it did also was this. It gave me time to um uh it it may not have looked like it from the outside, but it gave me time also to heal heal from what I had gone through, which was way worse than anything that they ever put me through. And that's what I put myself through with my addiction. And I realized is that in that period of time, the people that I could speak to were uh all of the people that have been impacted by by addiction. And I don't know anyone, Anthony, I don't know anybody who doesn't have a brother, a dad, a sister, a best friend, um, uh, someone that they care for and love deeply and respect that is a central part of their life that hasn't dealt with the issue of addiction. And it does, I mean, on a spectrum, of course, you know, I mean, not everybody was a crack addict like I was, but, you know, that but I don't know anyone that hasn't been impacted by it. and and I found that I had a I I I that's where my connection was. So whether you voted for Donald Trump three times or you you know you you were diehard Democrat, the truth of the matter is is that I was be able to speak across that divide. It was really really satisfying and and um and really important to my own recovery on a selfish level. the idea of being service to others just by letting people know like on this show, you know, I get I'm sure ton of people really um well, I don't I'm not going to prejudge, but regardless, I guarantee you somebody I'm talking to right now um feels alone in their in in their sickness and and in their suffering as it relates to their addiction. and just me by me uh proving that recovery can actually um work and I'm sitting here in front of you and talking about it um maybe will lead them to to understand that they truly are not alone. All they got to do is ask for help. >> When when you think about where you go from here, like would you ever run for president? In a weird way, America is all about a comeback story, right? It's all about overcoming uh obstacles. And it may sound crazy to people, but we have had presidents and then their sons become president. We have had people who have obviously gone through very public, you know, kind of difficult periods. You are almost the epitome of that. Would you would you ever want to be president? >> Well, I I mean this sincerely. I'm truly honored that you would even ask me the question. I really am. I mean, look, man, 6 months ago, you wouldn't have asked that. Nobody would, and I wouldn't have ever and I would have literally fallen off my chair. I have no interest in running for president. I have no interest in running for elected office. But I I I really mean it. I'm incredibly honored that you would even ask. And um and the reason is this is that I think that um uh not that I don't think it's an honorable pursuit and it's incredibly important right now that people step up and and and run and and people with conviction that have a um uh uh a real idea of uh and principles. I think it's really important that people uh with those qualities get involved. But for me is that I have a I I know I know who I'm talking to right now. I I I'm talking to those 50 million Americans. I like what's what addiction is not some kind of like you know uh you know uh uh alternative kind of universe in which you know like there's maybe a few people you ever meet in your life. It's truly a pandemic. 200 people a day die from uh from overdoses right now. 200 people a day. I mean, just take that instance. And I and I and I had I I never knew him. I don't I don't I only knew him from afar because he was in recovery and trying like hell and publicly trying like hell to get um uh to to break free from it was Presley Gerber in that story. And and um and it's just heartbreaking, man. And what if you if you know it like I know it though is that he was one of of of 200 people that died that morning. I don't know two 199 other families lost their Presley that day. And um and so I feel like I have this incredible opportunity to not be um uh you know not be perceived in a um in a partisan way right now. And the other part about it is this too, man. I don't know how you feel, but the [ __ ] all of it it it it's it's so broken. It's so completely broken right now. I mean, I don't I mean, I know people think of me as a Democrat because my dad's, you know, obviously the former president of the United States and and I love my dad and I think he was the greatest president, you know, since, you know, name one. And um but I have no faith in the in the Democratic Party's leadership right now. I have faith in the idea that Democrats need to be get control of the of the House and the Senate in order to be able to have some oversight on a runaway administration right now, but I really am um uh I'm I'm as excited as other other people or as concerned as other people, I may say, and what comes next in terms of leadership because it's we are in desperate need of it in a time in which we are going through the most I think significant evolutionary step that anyone will ever live through um in the advent of AGI and um and potentially uh shortly following thereafter super intelligence. It's as if a alien life force were um to land in and and in in every major city in every rural area in the world um uh and and and and plop down and we we have no idea what's going to come next. And the only thing that can help us through that is [clears throat] leadership. And so I'm desperate to see um uh people step up, people of good conscience and principles to step up and uh and lead. >> I got a million questions for you. Let's start first with would you ever leave the Democrat party and vote independent going forward. >> Oh, I would I don't know if I would ever I look, I'm a Democrat. Um and and I'm and I'm and I am proud and in large part of being a Democrat, but I vote independent. I said this to people depending upon the choice. I vote for somebody like Thomas Massie, you know, and I don't agree with him on 90% of the other stuff that he voted for. Um, but what I do think that Thomas Massie has done is he stood up for the principle of a constitutional republic and the rule of law and the belief that um uh that no one is above it. And and so, you know, I don't have any problem. And that's by the way, I mean, what I've said to everybody, I I don't forgive um that's not true. I have forgiven. I don't um uh condone uh for instance some of the the the beliefs and things that both uh that Tucker have said or that Candace have said, but you know what they've woken up to the idea that what they were sold is a bill of goods by this current president and and and for the re for the right reasons in my opinion and that reason is is because he is completely acting outside the law and um and and the power that he is is bound by not loosened by within the constit constitution. And so I am um I am for electing anyone who number whose number one goal is that is ensuring that the the of that that we can continue to pursue the promise of the of of the potential of an evolving constitution and and in this constitutional republic. And so that and anybody who's going to do one thing is figure out how to um you know uh h how to how to help people pay the rent so to speak and literally. >> When you think about uh going forward new technology obviously is not going to slow down. It seems like everything is accelerating especially in artificial intelligence or now I guess we're calling it super intelligence. What's your view there? Is this something where [laughter] >> are are you are you on the side of saying this stuff is going to kill us and and more of like a a doomer on it or are you very excited about and you want to you know kind of accelerate as a country and think that us winning uh with this technology is important. >> Okay man I I don't know. I mean that's the answer is that I don't know if any of us know and I I mean what do you think? I mean well I'll tell you what I think and then but you promise me you tell me what you think. Is it okay? Is that I'm just like everybody else. I'm sitting here watching my podcast, you know what I mean? I'm watching I'm watching you. I'm watching you talk to these people. I'm watching, you know, other people that I respect and some of them that I don't respect that are that are talking to people that are a hell of a lot smarter than me about it. So, what I do is this is anyone that is directly interested has an that has an interest in personally the success or um or maybe even the failure of AI. um because of the pecuniary interest that they have. And I mean like they're going to make money off of it. I don't listen to. So I have no use for any of the of the people that were standing. And not that they're all bad guys. I don't I don't mean that. But they have a job. And the job is they're salesmen. Okay? So, I don't know how much of it is hype for an IPO or how much of it is um uh uh uh uh alarmism for the purposes of uh getting people's eyeballs and attention to it um for whatever their latest model is. But take put that aside. Listen to the people that have come out of those organizations that no longer have an interest in it that are um that are truly independent of it. I always forget his name because I always get it wrong. Mo um Gual um former Google um executive uh that has not not been with Google for a long time. Um uh but you know his position I think is a is is one of the most rational positions which is this the dislocation that is going to be caused by uh AGI and and and the and and if if Ray Kerszswald is correct as soon as you hit AGI you're you're months if not years depending upon the uh how I mean what we could possibly do to potentially slow it but you're just super intelligent and and Mo's position on it is that that dislocation the um uh that is going to occur globally for um literally billions of people in terms of how they conduct their lives um in terms of how they're employed, what they find sustenance in, how they provide is going to is going to be a really rough ride for for a period of time. But here's the other side of it is that on the other side of that if it doesn't kill us all is that how what is a more existential threat? Climate change which I believe is an existential threat. Um, and I think that that there are very few people in the scientific community that can even remotely argue of of the incredible dislocation and I can say it from my own work with the World Food Program is that I 75% of all of the um natural disasters that we have to respond to in the millions and millions of people we we have to feed and also the man-made um uh uh disasters in terms of the fighting all come because of climate change. They all do. Is a receding land mass is a is is um is flooding is where where property and and and real estate um uh um across the globe push people together more and more and more. And so what how are we going to solve that? Well, I can tell you how we solve that. We solved that with super intelligence. We solved that with AGI. Um uh potentially potentially just like we could solve cancer. Just like we could free people up to be able to pursue creative things if you had something like a um universal bas basic income. But we need leadership right now, man. Like I watched um uh somebody just talking about this and they said it is absolutely insane that we have an a government right now that is saying that the AI industry should not be regulated. I mean, think about any other technology that we've ever um uh um that that is ever that we've ever experienced in our lives. And you know, I mean, like, are you saying that that we shouldn't have people looking at it, particularly one in which uh many many people predict that it has anywhere from a 10 to 30% chance of a um a global annihilation? I mean, it's crazy. It's just crazy. Now, I don't trust government as much as the next guy to do it, but government could set up a consortium of independent people to an independent bodies to be able to have the right to monitor. Just like for instance that you have um uh um the nuclear uh um the IAEI, International Atomic Energy Association that is able to go into uh countries and basically test and monitor their science and ask questions and be able to provide public with assurances that this that or isn't happen. And hopefully they could do a better job than the IAEA has done in a lot of places. But my point is is that we need leadership. We desperately need leadership. I'm sorry for the long answer. I I think it's a great answer and I think what you're really showing is hey look there's a lot of competing interest here with a lot of competing thoughts and the future's unknown which I I don't think is a crazy idea right >> did you see you know that guy professor Jiang >> yes >> did you see I saw him on one thing he's like it's all fake I he goes it's all fake he said I guarantee you it's a bunch of people in India answering you know in front of their computer >> you think that people in India are the ones answering the uh the query I swear to God. And he was and I'm he wasn't joking. He's 100% serious. And I'm and I what I would like to say if that is true then I think it is absolutely goddamn amazing because you know I use I mean I use AI. I use AI for for everything. I mean I like I I write on Substack and and um and just as an editor um it like it allows me to produce so much more. And everybody's like, "Oh well, you know, you AI generated LLM slap." I'm like, [ __ ] I mean, I write my stuff, but the ability for me then to fact check things, footnote things, source things, to be ability to synthesize thousands of pages of documents, uh, um, and and to, uh, into an outline and cogent ideas to be able to write and it's just amazing. It's amazing. And, you know, and that's coming from it from, you know, kind of my liberal arts, you know, background. In terms of law, I don't know of any lawyer that I understand that you don't want to be completely relying upon it when you are um uh 100% yet as it relates to anything that you uh profer to a court and have to sign your name to without checking it yourself and proofreading and making certain that the cases that you site are real. But in everything else, like, why would I why would I ever spend $5,000 for someone to um to read and review a contract when I can give it to Claude and point out to the lawyer that that would ultimately review it for me? These are my questions, just these three questions. It's just incredible what it can do. and and and that doesn't even go to what I am not capable of even to begin with even with AI which is programming and your ability to uh you know um you know create um uh code and you know that what used to cost you know thousands and thousands of dollars in in manh hours to be able to do it's just incredible >> every person listening to this show you probably own Bitcoin and you got it the same way you paid full price on an exchange but there's a smaller group of business owners family offices and investors with sharp CPAs and they're quietly getting theirs a very different way. They own the machines that make it. Mining. Here's how it works. You buy the miners and Simple Mining hosts and runs them at their facilities in Iowa on industrial power rates that you can never get on your own. The Bitcoin they mine goes straight from your machine to your wallet. 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Uphold is also 100% reserved, meaning no fractional practices, and proof of reserves are updated every 30 seconds, so you can verify your assets anytime. For US, you can even earn yield on dollars with the USD interest account. [music] No fees, no minimums, and funds are insured up to $2.5 million through the Atomic Cash Suite program. If you want one app for your entire digital asset life, check out Uphold today. Go to upph uphold.com to learn more. Uphold.com. Go check them out today. 100%. Let's talk about laptop token. When I first saw you talking about this, I was like, "What the hell is going on over here?" And then I thought that maybe you were like uh you're trying to troll uh you know, some other folks and then now it looks like this is a real thing. Like like help me understand what the heck is laptop token and what is your uh what's your plan here? >> Yeah, man. So about 6 months ago, I I I was uh you know, I mean, I've always had an interest in cryptocurrency and Bitcoin just from an intellectual level. And I started to think about what he was doing to the industry and through the and this max extraction play that he did. He is he owns 80% of his meme token. And here, look, just let's all start this is that when I talk to anybody that is outside of the um uh that that has no relationship to cryptocurrency, they I mean either their eyes glaze over or they just assume that I'm like a con artist. Okay. And I mean it's just I mean it's the reaction. And by the way, if you talk to anybody basically over the age of like, you know, 47, it's basically that's the reaction that you get. But what I do know is this is that I believe for instance a meme token started as a joke. It is a joke but it also creates community. It also there's also 10 million meme tokens. There also are tokens that have been launched that actually created things and and built things rather than just actually extracting things from other people's wallets. And I saw what he did. He created a coin that 80% of it went to him in his insiders complete and uh uh totally obuscated the the the the uh the wallets and none of it is transparent and he took basically I don't know what was the number two 2.1 billion dollars um from his most fervent supporters and he put it all into his pocket. Okay. I said, "Can you build a coin that does the exact opposite that gives back to community that creates something and builds something?" So, I built a coin with the tokconomics in conjunction with Coinbase that we were supposed to be listed on on day one. And we built a coin that had a 20% airdrop, which means that we literally just give away no strings attached, 20% of the coin to community to build a community. And [snorts] then, and by the way, they just you could either cash it in or hold it, do whatever you want. And you know one of the taglines of the my of my coin was do not buy this coin. It is not it's not an investment. It is not money. And anyway and so uh 30% of the coin is was the first ever um uh prediction market embedded into a token. And um it a completely innovative thing that we came up with in which I make 30 predictions and each one of those predictions uh is uh if if it came true the uh a commensurate um percentage of the coin gets burned and if it doesn't come true then it gets uh um dedicated that percentage gets dedicated to charity. So, a minimum of 5% to charity. All of all things that could raise millions of dollars and still can for uh organizations and entities that are um important uh to the the things that I care about, which is recovery and addiction. And then 10% for me instead of 80% for me. And um and on day one, I mean, it got totally uh you know, I mean, it was just an absolute 100% disaster by no far of our own. But we have not I have not benefited, not one insider has benefited or profited from the token. The 300 million 300 million tokens that are locked up um in the um uh uh in the founders um uh tokens are still sit there. You can see it on the blockchain is completely transparent. And what happened was is that a market maker, we had three market makers. I'm not going to name the the one, but the one market maker, principal market maker that had 30 million of our tokens and a million dollars to be able to create a market uh only put in $5,000 at launch and 29,000 tokens. So, there was zero liquidity. So, a $6 purchase of a of of of a token that that price sent the token up five um 5% and just do the do the math exponentially and within minutes it went from our $50 million FTV launch to $317 billion market cap and within the hour it fall it fell all the way back down. Now, [clears throat] it's trading about 7075 FTV right now which is um you know basically it's fine with me. we we're above where we launched, but but nobody benefited from that except the two market makers um that basically uh uh uh cashed out in in parts of that. >> So you if you have 10% you're going to make like a couple million bucks over time. Not not yet. >> Oh, that's the thing. Yeah, we're vest we're vested for the I I'm vested for 6 months. Cannot touch the coin and then it linear vesting over two years in conjunction with the predictions that go out over a 2-year period of time. And I'm not going anywhere, man. I I really truly believe this. And the other reason that I really truly believe in it is that I get to talk to you. I get to talk to an entire audience that would otherwise have like that that no one no one in my political persuasion is talking to. None of them. Nobody. And everybody that is so knee-jerk to the idea like, "Oh, this is bullshit." I get it, man. I get it within the community in crypto Twitter is they've been burned so many times and they're so skeptical of anyone that comes along. But look, man, I'm going to stay out here for the next year, for the next two years, however long it takes to prove to everybody is that I'm in it. I'm I'm in it to the end. I'm I'm I am engaged not just in this community for the sake of being engaged in it but because it is of great interest to me and I think great promise to to everybody. >> Now I have seen uh a couple of different people I know where you have autographed their laptops. >> Coin is called Hunter Biden's laptop. Like it kind of feels like this thing that you were attacked for now somehow is becoming a point of pride for yourself. >> That's it. All that's all that's it man. All of that is is the whole point is that like that's the other thing in terms of affinity with this with this community in my in my estimation is that a lot of people who you know think that the the world was written them off or that you know I mean like Jesus Christ I mean a bunch of guys that call themselves dejents you know what I mean like I get it and one of the things that was happened to me is that they connected three words together in the in the in the in the global consciousness of of and through the media and that was Hunter Biden's laptop and I will go down to on my grave. It will be really unlikely that that won't be on my gravestone. And so, you know what I wanted to do? I reclaim it. Anytime you say the word laptop, anytime you you say Hunter Biden's laptop is, you know what? I'm not ashamed of it. I'm not ashamed of anything that was in that laptop. I am I I I'm embarrassed um uh of some of the things that I did. I would rather them not, you know, uh, you know, naked pictures of me with women in motel rooms is not something that was nice to my my uh my my family to have to live through. But you know what? I'm not ashamed of it anymore, man. I That's me. All of it. All of the things that are true actually happened. And you [snorts] know what? Here I am. Here I am. Here's all of me. And I'm claiming it back. And you can't use it as a weapon against me anymore. And that's um you know that was 100% the reason that I um uh I called it laptop and will continue to do so. >> I I respect the uh hey I'm just going to own this [ __ ] and uh who cares what other people say. I respect that. You and I probably agree on some things. We probably disagree on some things. But I think every human, you know, kind of deep down they got to respect the fact that someone just says, "Look, I don't care what you think about me." You know, right, wrong, or indifferent. I I don't think that that's a uh a bad approach to life in general for most people. I want to do before I let you go, I want to do rapid fire. I got a bunch of questions. Some are funny ones, some are serious ones. Some I think that you'll actually enjoy. You ready? >> Sure. >> Was the cocaine in the White House yours? >> No. >> Oh, man. All right. Uh, two is when you talk to your dad now, what's the thing that you guys always say last on the conversation? Do you say I love you? Do you say goodbye? See you later. I love you. Okay. >> I learned. >> When's the last time you talked to somebody in the Trump family? I think never. >> Wow. You don't think you've ever talked to them? >> No. >> What is the nickname that your friends call you or refer to you as >> from when I was growing up? They called me Hunt and so they just took off the er. Um, so yeah, my my my friends from uh grade school, high school um still call me Hunt. >> All right. What is the most fun party you ever went to? [laughter] >> Oh man. The most fun party I ever went to. I don't know. I don't know. I don't know about that one. There's there a lot of them are just me in a in in a in a uh in in a hotel room. >> Yeah, [clears throat] >> that's it. >> Yeah. I don't know, man. The most fun party that I ever went to. I think probably the most fun party that I ever went to was my brother's wedding. >> I again, I respect that answer. I don't think that's probably the right answer in terms of uh >> Well, there's a difference between fun and wild. We can talk about the wild later. >> What's the wildest party? >> What's the wildest party that you went to? >> Oh my god. Um uh the wildest party I ever went to was in a um the penthouse suite in the Palms in Las Vegas in like 2018. And I you know and and it it did not end well. So yeah. >> All right. When you think about technology today, you think about the business world. If you were given a portfolio, where would you put the money? >> If I was given a portfolio, where would I put the money? Well, I think that I probably put it in the places everybody else is putting it because I think that there is incredible value in it. um in in Nvidia obviously I think that regardless of what we think about you know data centers and what is is that uh it's going to be key I really I'm really interested and I don't know enough to know but I'm really interested in what Michael Sailor's doing and um MSTR and and I and I think that it is a entry point into um into cryptocurrency but I mean into Bitcoin in particular in a way that is uh is really fascinating to me and interesting um and Uh I think that the other place that I would probably put it into is um uh just in terms of a company. I mean I I I still look at Apple and I just think that they they have such an incredible um lead as it relates to their uh their connection to the retail um uh consumer. >> What is your favorite or best thing that you've built with AI? >> Oh, that's a great question. uh my my my website for um my art hunterbiden.com. Go look at it. I mean, it's pretty simple, but it really like like I was able to do I was able to do that with just with minimal um help from anybody else by myself with no, you know, pretty cool. >> In the art world as an artist, what do you hope people say about you 10, 15 years from now? >> Oh, I don't care. I mean that one that's where I really don't care what what what they say to me in the art world is that my art to me is just so personal in terms of I it I love when people love my art. I mean I really do. I mean just like anything but that that's where I truly is um is I I I make art. I mean look I mean I was going to say I'm in the middle of a painting here. I'm like you know there's one over there, there's one over there. There's 42 behind that one. And I and every chance I get from 5 in the morning when I wake up um till I have to go and and do other things like I get to talk to you which is um uh truly a pleasure. Um but as soon as I hang up with you I'll be back um to painting and and that's my um that's my my place. I' I've always practiced art and uh and that is definitely not a rapid fire answer to a rapid fire question. >> That's all right. I got last thing. I have a piece of advice for you which is a a job opportunity that I think you can make a lot of money. It would be electric content and you probably had a hell of a lot of fun doing it. >> Yeah. >> You ever see the CNN show where they got the guy Scott Jennings on? He argues with all the CNN folks. >> I think you should do this on Fox News. I think you should get a job at Fox News. >> Oh. Oh, on Fox. Oh, I thought you were going to say that I get to cage fight Scott Jennings. I would do that. He's the most unsufferable prick I've ever I mean literally I don't think that there's ever been anyone that's more of a douchebag in in front of a a a a TV camera than Scott Jennings. Scott >> I'm saying you be the Scott Jennings of Fox News. >> All right. Piss everybody else. Okay. Yeah. That's not a bad idea, man. But they already have Jessica Turlov. She does a pretty good job. She does a pretty good job. Yeah. All right. Where where can we send people to uh to find you? uh hunterbiden.com or you know what you go to is go read my stuff and I mean 90% of it is freed um u uh on um on substack but I've written a lot written a lot of essays I wrote a couple books that I'm releasing and um I'm in the process of of writing another book right now that hopefully will come out um you know fall next year or so. So yeah, >> I uh I appreciate you taking the time to do this. Uh, >> you a hell of a journey, my friend. >> Yeah. Well, it's it's just beginning though, man. This is the cool part. It's the cool part. So, anytime. I really appreciate it. Thanks for taking the time to listen to me. I really mean it, man. Sorry for the slow start with all the technical problems on my end. >> No, all good. >> Okay. Thanks, man.
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