Valuetainment - ＂Trump Controls The Market＂ - China Tariff Threat Causes BILLION DOLLAR Bitcoin BLOODBATH

00:00:00.660 Crypto crash, okay? They keep using that phrase, crypto crash.

00:00:04.080 But to the people that are in the space of crash, I'm going to read this to you and I'm going to turn it over to you.

00:00:08.540 So Bitcoin, Ethereum, XRP, jump after crypto crash.

00:00:14.220 What is fueling the rebound? Let me read this.

00:00:16.700 Robin, I think you got a couple video clips on this as well, if you want to pull them up.

00:00:20.760 Okay, so Bitcoin and other cryptocurrencies were rallying on Monday, pairing back some of their losses,

00:00:28.680 following President Trump's renewed tariff threat against China.

00:00:31.480 Bitcoin was up 3.7% to $115,000 within 24 hours, according to Coindesk.

00:00:37.680 It's still trading about 9% off the record high, which was around 130, 131.

00:00:41.660 I don't know the exact number. It hit earlier this month.

00:00:44.420 Ethereum jumped 9%, Solana jumped 8.2%, XRP up 9.4% within 24 hours.

00:00:49.980 The tokens plummeted on Friday with Bitcoin racking up, double-digit percentage losses,

00:00:54.440 and failing below $110,000 at one point.

00:00:56.700 And the sell-off came after Trump threatened to hike tariffs on China,

00:01:00.360 which likely sapped investors' appetite for risk assets.

00:01:05.640 What's really going on here? Is it really the reaction to tariffs?

00:01:09.260 Is that what the fear was? What do you think caused the crash?

00:01:12.440 Well, I think there's a couple of things that are worth unpacking.

00:01:14.700 First of all is Trump understands market hours of the stock market.

00:01:19.860 So what did he do? He waited until the stock market closed on Friday,

00:01:22.320 and then he came out and said, hey, we're going to put the 100% tariff on.

00:01:24.640 I don't think that's a coincidence. As the market corrected in after-hour stock,

00:01:29.940 there's just not that many people who have access to the after-market stock.

00:01:32.420 So what do they do? They look in their portfolio, and they say, well, what market is open?

00:01:35.580 What market has liquidity right now? If I want to sell, if I want to change my financial life

00:01:39.560 or my portfolio, I'm going to sell cryptocurrency.

00:01:42.360 And so Bitcoin specifically sold off. It sold off $13,000, which is a pretty big move.

00:01:47.420 An asset went down $13,000 in a single day, but it's only about 10%.

00:01:52.640 And so if you go back and you look at all these bull markets, historically there have been multiple 30% drawdowns

00:01:58.640 in these bull markets.

00:01:59.660 And so this, I joke, is like a crypto crash for ants to the crypto crowd.

00:02:04.160 Now, the stock market, if the stock market goes down 10%, 20%, they're freaking out.

00:02:08.280 They're talking about the Great Depression, 1929, doing all that kind of stuff.

00:02:12.040 And the crypto, again, it doesn't feel good to see your assets go down 10%,

00:02:15.440 but it is still pretty small compared to what everyone has lived through.

00:02:19.100 There was somebody who was chirping at me on Twitter yesterday, and they said,

00:02:22.060 why are you saying that we shouldn't be worried about a market correction?

00:02:25.600 I said, my brother, we've lived through two 80% drawdowns in four years.

00:02:29.920 I said, your stock market crashes? They don't even register for the crypto people. 1.00

00:02:33.860 So I think that plays into a lot of what's going on with the retail folks.

00:02:36.540 By the way, it's interesting what you say, the fact that for the regular guys

00:02:40.660 that are trading after hours, they're like, what do I mess with now?

00:02:43.960 They don't have access to anything.

00:02:44.800 They don't have access to anything.

00:02:45.840 What they do with crypto, you can track what Bitcoin's doing.

00:02:49.440 Gold's closed, stocks are closed, bonds are closed, everything is closed.

00:02:52.180 Oh, wow.

00:02:52.860 Now, here's the thing, is Trump on Sunday night, you know, I posted this meme,

00:02:56.480 it's like abracadabra, make the markets go back up, right?

00:02:59.040 And what does he do?

00:02:59.480 He tweets out an hour and a half before a future's open on Sunday night.

00:03:02.920 Like, the guy knows what he's doing, and so that's fine, understand that.

00:03:05.940 But I think the bigger thing about crypto, and Bitcoin in particular,

00:03:09.200 is if you sold your Bitcoin because of geopolitical uncertainty,

00:03:13.560 you had no clue what you were holding.

00:03:15.340 The whole point of Bitcoin is that it is a non-sovereign asset.

00:03:19.200 It is supposed to be the safe haven that you can go and hold,

00:03:21.860 regardless of what any government in the world does.

00:03:24.020 And so I think that's part of what people are trying to figure out now,

00:03:26.500 is the hardcore Bitcoiners, they know that.

00:03:28.520 They're looking to buy on dips, but you still get tons of new people who come in,

00:03:32.040 and obviously leverage plays a huge part of this.

00:03:35.040 And so the big story over the weekend was there was $19 billion of leverage that got wiped out.

00:03:39.640 Now, you can look at that as how prices went down.

00:03:42.440 The way I look at it is we just reset the entire leverage in the system,

00:03:46.440 and therefore that probably clears us so that we can go higher.

00:03:48.800 Yeah, so it says historic $19 billion sell-off, but two accounts made $160 million.

00:03:54.260 I don't know if you saw this article or not.

00:03:55.540 The two accounts that placed bets against the market minutes before the news broke,

00:03:59.620 scored $160 million windfall.

00:04:01.620 Bitcoin dropped 12%.

00:04:02.860 Less popular tokens saw declines as steep as 80% coin glass, a crypto data platform.

00:04:09.160 Ahead of the sell-off, two accounts on Hyperliquid,

00:04:12.040 a decentralized exchange that allows investors to make leveraged bets on future crypto prices,

00:04:17.900 place massive bets that Bitcoin and Ether would fall.

00:04:23.280 By days and Friday, the positions were closed for $160 million in profits.

00:04:28.100 You know, when you see stuff like this, this is the Wall Street Journal story right there.

00:04:32.980 These guys made $160 million.

00:04:34.540 How much do you know about this story?

00:04:35.920 Do you know much about what happened here?

00:04:37.040 I've been paying attention to it.

00:04:37.980 So a couple things.

00:04:38.880 $19 billion, if you wipe out $19 billion of leverage,

00:04:41.420 that doesn't mean that people holding cryptocurrencies lost $19 billion, right?

00:04:44.800 If you put $10 in, but you get $100 of leverage, right?

00:04:49.100 You didn't put $100, you put $10 in.

00:04:50.600 So there's some math that I think is a little bit misleading.

00:04:53.680 The second thing is, you know, when prices go down, sometimes people make money.

00:04:57.860 When prices go up, people make money.

00:04:59.060 It's all about what are they positioned, how are they positioned, all that kind of stuff.

00:05:02.200 There is a trend that is happening in America, but also globally,

00:05:05.760 which is the intertwining of finance and entertainment.

00:05:09.020 And what you now see is whether it's the prediction markets,

00:05:11.320 whether you see it's the stock market, whether you see crypto,

00:05:13.380 people want something to talk about.

00:05:15.260 You know, I joke all the time, like financial markets have become like soap operas for young people.

00:05:18.360 And so not only is there the gambling or speculation component to it,

00:05:22.200 but what now in crypto is you have on-chain analytics.

00:05:25.780 You can go and you can see what are the positions people are taking, what wallets are moving, right?

00:05:29.300 All this information is almost like kind of new media to them.

00:05:32.860 And so what people do is, oh my God, there's this big liquidation.

00:05:35.420 They immediately begin scouring all this data, trying to find some storyline.

00:05:39.080 Who caused it?

00:05:39.760 Who knew what, right?

00:05:40.680 Who made money here?

00:05:42.040 And so when they find this, they kind of latch on to it.

00:05:44.260 Now, does this person have information about the tariffs?

00:05:47.080 Maybe, maybe not.

00:05:47.800 I don't know.

00:05:48.200 I don't know who the person is, right?

00:05:49.760 And so I tend to think that good investors, they're not paying attention to this stuff.

00:05:53.980 They're just saying to themselves, listen, I want to continue to acquire this asset,

00:05:56.960 hold it for a long time.

00:05:58.100 This is more entertainment factor.

00:05:59.820 Do we know who these two people are?

00:06:01.500 You can't know who it is.

00:06:03.040 Is it just pure speculation who they think it is?

00:06:04.920 So there are strong, maybe thesis as to who they are, because on the wallets, at times,

00:06:12.920 people can start to identify whose wallet is who.

00:06:15.200 Got it.

00:06:15.320 And so in one particular case, there's a guy who's associated with a wallet that they believe

00:06:20.400 is the person who has it.

00:06:21.900 But again, you don't have full confirmation.

00:06:23.300 It's not like they're coming out and tweeting and saying, hey, that was me that made 160 million bucks.

00:06:26.640 Is this a well-known name or just somebody that's known in the crypto space?

00:06:30.080 It's not even really known.

00:06:31.200 Not even known in that space.

00:06:32.440 Okay.

00:06:33.160 Got it.

00:06:33.540 So where are you at now with it?

00:06:35.680 Are you, because I think the last time we spoke, you were a full-on Bitcoin, you were

00:06:40.420 all Bitcoin.

00:06:41.820 Have you opened up a little bit?

00:06:43.620 Is your, you know, if I was to look at your wallet, would I see some additional things

00:06:47.760 there outside of Bitcoin?

00:06:49.220 So I've always thought about this barbell, right?

00:06:51.920 Which is basically Bitcoin is a store of value asset called, you know, digital gold.

00:06:55.800 They're not going to stop printing money.

00:06:57.180 Bitcoin's not going to stop going up.

00:06:58.440 And it is going to be a great way to protect your economic value that you've earned.

00:07:02.680 I don't think that thesis has changed.

00:07:04.240 I actually think it's stronger today.

00:07:05.800 You know, it kind of went from a contrarian trade to a consensus trade.

00:07:08.360 And now the world has kind of woken up to the fact that this thing's going to work.

00:07:11.720 The other part that, you know, if you go back to 2016, 2017, that I've always thought

00:07:15.520 was going to happen, whether, again, the hardcore Bitcoiners, whether they like it or not,

00:07:19.120 is this whole tokenization thing.

00:07:20.740 And ultimately, my understanding of the intersection of, call it crypto and Bitcoin, with Wall Street

00:07:27.700 is once Wall Street figured out that they could make money, they'd go all in.

00:07:32.040 And that's what you've pretty much seen.

00:07:33.660 Bitcoin ETFs, BlackRock now, the Bitcoin ETF is their single most profitable product in

00:07:38.980 their entire product suite.

00:07:40.640 So is BlackRock a Bitcoin company?

00:07:43.480 It's the most profitable product they have, right?

00:07:46.620 So now all of a sudden, every other firm on Wall Street says, wait a second, if they're

00:07:49.680 making a bunch of money on this, maybe we should start participating.

00:07:52.500 And so you're going to see a bunch of people start going in there.

00:07:54.280 Then you start to see the Bitcoin companies, right?

00:07:56.640 The ETF is a Wall Street wrapper for Bitcoin.

00:07:59.260 Now you start to see these public companies putting Bitcoin on their balance sheet.

00:08:01.640 That's a Wall Street wrapper around Bitcoin.

00:08:03.600 What you're starting to see them talk about is they want to basically rip out cost and inefficiencies

00:08:08.940 from the way that they trade stocks, the way that they trade various assets through this

00:08:12.340 whole idea of tokenization.

00:08:14.060 Now, there's still a lot to figure out.

00:08:16.100 The technology seems to work, but I don't think this is going to be a retail-driven thing.

00:08:20.540 I think this is going to very much be an institutional-driven thing where they say to themselves,

00:08:24.260 all the plumbing in Wall Street is T2 settlement times.

00:08:28.920 If I go to buy a stock, I don't actually get it till tomorrow.

00:08:31.640 It's just kind of very antiquated type technology.

00:08:34.580 These guys want to upgrade that stuff.

00:08:36.060 And so it kind of sounds sexy, but the actual work that they're doing is very, very kind

00:08:41.640 of nerdy.

00:08:42.460 And so I think that that will become a huge part of this story.

00:08:45.720 But I don't think we're going to be talking about, quote-unquote, crypto.

00:08:48.040 I think that's going to be much more of a kind of an institutional story.

00:08:50.500 So going back to my question, do you own other things?

00:08:53.080 I own Bitcoin is probably 90-plus percent of the portfolio.

00:09:00.100 And then I very publicly, in December of 2023, I started out mining Ethereum way back in

00:09:07.600 the day.

00:09:08.580 And I sold Ethereum and bought Solana, which ended up being a great trade.

00:09:14.060 And I specifically said, look, this is a trade.

00:09:16.560 Nothing more, nothing less.

00:09:18.020 I'm not going to be holding Solana five years from now, but it's just from this perspective.

00:09:22.660 And so I think that Bitcoin is the king of the crypto market.

00:09:25.380 It's going to remain the king of the crypto market.

00:09:27.020 And I think it's probably the only truly institutional asset that you're going to see central banks

00:09:31.000 and others start to buy over time.

00:09:32.160 What do you think about XRP, the conversations with XRP, with Ripple, whether it's a technology

00:09:36.400 or the coin?

00:09:37.320 I think that the market is very, very good at figuring out where value ends up accruing.

00:09:43.720 And what you see in, let's call it outside of Bitcoin, in the top 10 coins, what you will

00:09:48.940 start to see is Bitcoin's dominance has not only remained constant, it's actually gone up

00:09:53.400 over time.

00:09:54.300 And so I think that the market is assigning Bitcoin as kind of in a class of its own.

00:09:59.180 Now, if you then go into, let's say, coins 2 through 10, what you start to find is those

00:10:03.280 are much more akin to me to like technology stocks.

00:10:05.260 There's a lot of competition there, right?

00:10:06.760 So take XRP.

00:10:08.040 My understanding is that they have a couple of different things that they've done.

00:10:10.980 They're trying to do the stable coin, right?

00:10:13.160 Well, they've got a lot of competition from Tether, Circle.

00:10:15.540 Now, all of a sudden, Stripe's getting in the game.

00:10:17.400 Like there's a whole bunch of competition.

00:10:19.020 There will probably be multiple winners, but it's heavy, heavy competition.

00:10:21.520 On top of that, one of the things that is interesting, not so much about XRP the coin, but about

00:10:25.960 Ripple the company is, you know, they have this kind of engine to generate profit and monetize

00:10:32.800 that XRP.

00:10:34.760 They've started to acquire real companies.

00:10:37.780 So what they did is they bought, I think one of the companies was called Hidden Road.

00:10:41.000 And these are like big acquisitions.

00:10:41.780 These aren't like, you know, $5 acquisitions.

00:10:43.300 These are like billion plus dollar acquisitions that they're doing.

00:10:45.440 Rob, can you pull up a company's Ripple acquired?

00:10:47.740 And so what you're starting to see is, again, there's incredible controversy and debate,

00:10:54.240 I think, over is XRP going to be sustainable?

00:10:56.620 Is it something that people are going to use?

00:10:58.200 But what they've started to do is they started to take, I mean, look, $200 million acquisition,

00:11:01.100 $1.25 billion acquisition, $250 million acquisition, right?

00:11:04.820 And so what they're doing is they're essentially using the monetization of their balance sheet,

00:11:09.540 and they're starting to acquire real companies.

00:11:11.540 Now, what I will say is we have seen this happen in traditional finance over time.

00:11:14.660 You have a company that has very controversial or maybe unsustainable kind of business model,

00:11:20.060 but they have some access to capital, and they begin to convert that into something else.

00:11:24.320 And, you know, look, the Bitcoin treasury companies, a lot of them had companies that weren't working,

00:11:27.760 and they said, well, why don't I just start to buy Bitcoin?

00:11:30.140 And all of a sudden, they kind of revived their business.

00:11:32.580 And so I think that this is very interesting.

00:11:35.060 Now, you know, there's kind of a delineation between XRP and Ripple,

00:11:37.860 but I think that this acquisition stuff, people in the industry,

00:11:41.000 even the people who don't like XRP, I think are saying to themselves,

00:11:44.180 hey, that Hidden Road, that's a real company.

00:11:46.480 Pay $1.25 billion for it, right?

00:11:48.500 Okay, you may be able to end up with an entire set of infrastructure there

00:11:52.700 that you can then go and actually build a business with.

00:11:55.280 What does Hidden Road do?

00:11:56.980 Hidden Road, if I remember correctly, they do a lot of, it's like market infrastructure, right?

00:12:01.780 So, like, again, it goes back to this idea of where value accrues in the crypto industry

00:12:08.320 is really kind of, and really in finance in general, there's two buckets.

00:12:10.680 You have the retail-facing platforms, and then you have institutional-facing, like, infrastructure.

00:12:16.120 And so the retail platforms, that's your Coinbase's, Binance's, Gemini's, you know, Tether's, all those guys.

00:12:21.520 But then you've got this, like, institutional infrastructure, everything from market making to, here you go.

00:12:26.560 So, like, a global credit network for institutions, prime brokerage clearing, financing, right?

00:12:30.800 All this stuff that is very institutional in nature.

00:12:35.440 Is it like a Pershing? 1.00

00:12:36.740 Is that what a, would it be considered, is Hidden Road Company Ripple Acquire like a Pershing Company?

00:12:48.360 What is Hidden Road?

00:12:52.220 Yes, it is.

00:12:53.040 Okay, sounds good.

00:12:53.920 So, I got it.

00:12:55.080 I understand it.

00:12:55.680 Okay, I mean, that's a big deal to buy something like that, at $1.25 billion.

00:13:01.380 And the guy that's running it, I think his name is Brad.

00:13:04.500 I can't say his last name.

00:13:05.960 Brad Garlinghouse.

00:13:06.580 He seems like a very intellectual guy.

00:13:08.820 He's involved on the, I've seen him with the Trump administration, a couple different things with them.

00:13:15.240 But he doesn't just sound like one of these guys that came and created a coin,

00:13:18.620 hey, let's sell a bunch of stuff, and then let's go.

00:13:20.920 They're actually creating technology and buying technology.

00:13:23.720 Good for them.

00:13:24.100 So, you're optimistic because you hear some people talk about Ripple could replace Swift possibility of that.

00:13:32.400 Of course, the likelihood of that happening is less than 5%.

00:13:35.660 I wouldn't go that far.

00:13:36.700 In terms of, I think, I know Brad.

00:13:39.120 I think Brad is a nice guy.

00:13:41.360 I think that the strategy that they're pursuing at Ripple is, if you were in their situation,

00:13:46.680 I think it's very smart to go and acquire these businesses.

00:13:49.380 I've always just said that my focus is on Bitcoin because I think of, there's two problems in the world that I care about,

00:13:55.840 and they're very interrelated.

00:13:56.800 The first is, I believe that the single biggest issue, if you can correct this one issue,

00:14:01.640 it will have a profound impact on people's lives around the globe,

00:14:04.440 is if you can basically stop the debasement of the currency.

00:14:07.740 If you can stop that, then all of a sudden now what you do is you stop this silent theft,

00:14:11.380 and now you allow people to actually keep the economic value that they've worked hard to earn.

00:14:16.220 And so Bitcoin, to me, is the solution to that problem.

00:14:19.300 There's kind of this heuristic of people have been complaining about this for decades, centuries.

00:14:24.620 If you go back through all these societies, Bitcoin is the first technology solution to the problem.

00:14:29.080 And so I think that that is a very profound solution that is going to have an impact that we quite don't understand yet, frankly.

00:14:36.000 So I think that's one big problem.

00:14:36.920 The second problem that I'm very interested in is this idea of the little guy,

00:14:41.320 or the quote-unquote retail investor, being able to get a level playing field against these large institutions.

00:14:47.300 And I think that those two issues are very interrelated because now what we know in this country is you can't be a saver,

00:14:52.940 you need to be an investor.

00:14:54.060 As these retail folks realize I have to become an investor, they need access to information,

00:14:57.720 they need access to the market.

00:14:59.000 So that's my focus.

00:15:00.260 That's where I think I'm most passionate about.

00:15:02.060 That's what I'm most intellectually stimulated by.

00:15:03.840 What these guys are doing, I think, is something that is different and outside of it.

00:15:06.720 And so it's just not something I spend any time on.

00:15:09.720 Yeah.

00:15:09.920 And then last but not least on these topics, Doge.

00:15:12.020 Where are you at with Doge?

00:15:12.900 Because they just had an announcement, if I'm not mistaken, either on Monday.

00:15:17.340 Was it Monday or Friday?

00:15:18.320 I think Monday they had an announcement.

00:15:19.640 Where are you at with Doge?

00:15:21.820 I think that Doge is entertaining.

00:15:24.400 I don't own any.

00:15:25.600 And I think Bitcoin is probably the signal among the noise.

00:15:29.680 Probably the signal.

00:15:30.680 So you think Doge is noise is what you're saying?

00:15:33.080 I generally think that, again, it goes back to Bitcoin is, think of it as a savings technology.

00:15:40.220 It's kind of the safe thing that if you earn money, you spend less than you make, you store it in your account.

00:15:45.860 So one of the frameworks that I have is in your traditional finance life, you have a savings account,

00:15:50.460 you've got a checking account, you've got a brokerage account.

00:15:53.120 In the digital world, you've got the same thing.

00:15:55.580 Bitcoin is your digital savings account.

00:15:57.360 When you earn it, you just store it there.

00:15:58.900 It's going to protect your economic value over time.

00:16:00.560 You have a checking account, which is your stable coins, and then you're going to have a brokerage account.

00:16:04.380 People are going to have all kinds of crazy stuff in there.

00:16:06.720 That brokerage account is actually really, really hard to navigate, just like the stock market is.

00:16:10.400 If you're going to go pick individual stock names, maybe you're right, maybe you're wrong,

00:16:13.460 maybe you've got some information or a unique view on the world, I think that that is basically what all the other coins are.

00:16:20.380 I actually love that breakdown.

00:16:21.340 I love how you broke it down to the average person that sees that.

00:16:24.640 So you can play ball in your brokerage account and see what it does, but then you have where you put your money.

00:16:31.600 And by the way, some people, when they think about savings, they think about half a percent, quarter of a percent,

00:16:36.900 or a percent, or money market, sometimes two, three percent.

00:16:39.860 Bitcoin is not a half a percent.

00:16:41.000 It's not the traditional saving account.

00:16:42.600 So let me qualify that when he says that.

00:16:44.980 It is not half a percent rate of return type of thing.

00:16:47.440 On Monday, I introduced you to the FLBs, the FLB1 shoes, Future Looks Bright shoes.

00:16:53.740 And let me tell you what happened since that day.

00:16:55.840 For black shoes that we had, I'll give you the report here.

00:16:59.580 For black size, Rob, I think you have it as well, size 8 and 11 1⁄2 sold out.

00:17:07.260 If you place the order now, it's pre-order.

00:17:09.900 It'll get here second week of December.

00:17:12.280 For brown, 8, 12, and 13 sold out.

00:17:15.560 Navy, size 13, sold out.

00:17:18.520 Everything you order on those sizes will be pre-order.

00:17:21.520 I shared with you the fact that a lot of the sizes are going to sell out.

00:17:24.620 A lot of them, there's only four or five or six remaining for the shoe sizes.

00:17:28.980 So for some of you that didn't see what we talked about on Monday,

00:17:33.640 for the last 25 years, I speak a lot on stage.

00:17:39.340 And some of the events, whether it's my insurance company or the Vol Conference or BPW,

00:17:43.060 at some events, I can speak 40 hours while I'm on my, just standing up talking

00:17:46.820 and I'm wearing dress shoes and they're uncomfortable.

00:17:48.740 I wanted to find a shoe that can combine both the comfort and the technology

00:17:52.640 and the authentic Italian leather, the trainers, because I love those shoes.

00:17:57.680 I don't want it to be too heavy where I'm feeling like I'm carrying weight.

00:18:01.080 We went to Italy.

00:18:02.020 We put a shoe together called the FLBs. 0.52

00:18:03.920 And I want to show you this clip one more time.

00:18:05.900 And then I'm going to show you one other clip.

00:18:07.880 And then we'll give you some intel and then we'll get right into the stories.

00:18:10.820 Go ahead and Rob, play this clip, please.

00:18:12.020 When we set out to create a shoe that blends comfort, function, and luxury,

00:18:18.360 we had the choice to make it fast.

00:18:20.560 We had the choice to make it cheap.

00:18:22.720 We chose neither.

00:18:24.280 Instead, we chose Toscanero.

00:18:26.460 We chose true Italian craftsmanship.

00:18:29.180 Each pair touched by 50 skilled hands.

00:18:32.020 We chose patience, spending two years perfecting every detail.

00:18:35.940 And we chose the finest quality at every step.

00:18:38.800 Introducing the Future Looks Bright collection.

00:18:43.220 Not rushed.

00:18:44.560 Not disposable.

00:18:46.020 Not ordinary.

00:18:47.400 Rather intentional.

00:18:50.100 Luxurious.

00:18:51.400 Timeless.

00:18:51.860 So, just so you know, if you're wondering, Pomp came in here.

00:18:58.500 He saw all the shoes.

00:18:59.760 And he kind of goes like this.

00:19:01.660 He's like...

00:19:02.380 I looked under the table.

00:19:03.460 He's auditing me.

00:19:04.240 He's like, let me see if this guy's a product of the product.

00:19:07.080 24 days in a row I've been wearing this.

00:19:08.900 Just so you know that.

00:19:09.920 24 days in a row I've been wearing this.

00:19:11.880 No matter where I go last night, I was at Casa de Angelo.

00:19:14.240 I was wearing this.

00:19:15.300 The most comfortable trainer shoes with the Italian leather.

00:19:19.440 And again, if you haven't placed your order for yourself or your spouse, this was us at the VOL Conference.

00:19:24.120 Rob, if you want to play this clip.

00:19:25.660 The launch of it when we did it here was so exciting.

00:19:28.060 People were coming from all over the world.

00:19:30.240 That was a 10-foot shoe that we put up.

00:19:32.380 But guys coming back, how comfortable it is, how light it is, feeling the super foam at the bottom of it, taking pictures of it, sitting in boardrooms with your feet up where somebody says, wait a minute.

00:19:44.400 Does that say Future Looks Bright on the bottom of the shoe?

00:19:46.460 Yes.

00:19:46.660 Let's make a deal happen, right?

00:19:48.280 There's a certain sense of optimism when you're wearing these Future Looks Bright shoes.

00:19:54.000 So again, the black and brown, if you order them, we have them now.

00:20:00.440 If they're sold out pre-order because you'll get it second week of December.

00:20:05.220 The white, when it comes out, it will not last because, you know, there's a certain material that we mixed it with a lot. 0.92

00:20:12.360 The white is absolutely ridiculous.

00:20:14.660 This will come out second week of December with the navy blue.

00:20:17.620 The navy blue and the white will come second week of December.

00:20:19.920 The black and the brown are here for you to order depending on your size.

00:20:23.720 So go to vtmerch.com, place your order, and you can learn more about the comparison of how these shoes compared to a Tom Ford, Rob, if you can go a little bit lower, to a Gucci, to a Berluti, to a Ferragamo, to a Xenia.

00:20:36.900 Make the comparison for yourself.

00:20:38.760 Instead of spending $9.50, $11.98, $95, $8.40, it's built in the same exact factories as Gucci, Louis Vuitton.

00:20:45.660 Same ones, $5.99.

00:20:48.100 I just put them on this morning.

00:20:49.320 It took me half a second to put them on, and the driver came, picked me up, got in the car, came over here.

00:20:53.600 So if you haven't placed the order yet for yourself or somebody else, place the order.

00:20:57.120 Go to vtmerch.com.

00:20:58.140 If you enjoyed this video, you want to watch more videos like this, click here.

00:21:00.880 And if you want to watch the entire podcast, click here.

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