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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 1: accused of murdering a Texas man of Venezuelan charged with

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Speaker 1: filming and selling child pornography in Michigan. These are just

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Speaker 1: some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

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Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 1: crossings are at the lowest levels ever recorded, and over

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Speaker 1: one hundred thousand illegal aliens have been arrested. If you

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Speaker 1: are here illegally, your next you will be fined nearly

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Speaker 1: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 1: never return. But if you register using our CBP home

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Speaker 1: app and leave now, you could be allowed to return legally.

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Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,

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Speaker 1: border and families will be protected.

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Speaker 2: Sponsored by the United States Department of Homeland Security.

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Speaker 3: Y'ah good.

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Speaker 4: I feel I just wanna tell a quick story everybody

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Speaker 4: years years ago.

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Speaker 3: I was in Los Angeles at the time.

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Speaker 4: I don't know how we got connected, but we went

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Speaker 4: to lunch Yes, we went to lunch.

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Speaker 3: You remember where we went to lunch.

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Speaker 5: We were in Beverly Hills, bell Air, bell Air Air.

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Speaker 4: We were in bel Air. We went to lunch at

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Speaker 4: the bel Air Hotel. Yes, and you remember what we ate,

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Speaker 4: oysters and lobster salads. And his brother said, this is real,

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Speaker 4: real talk. He said, man, this is the first time

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Speaker 4: I had a lobster salad.

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Speaker 3: But you all are doing so very Hollywood.

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Speaker 4: Listen, give it up for these two because they have

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Speaker 4: built literally a multi, multi multimillion dollar empire that has

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Speaker 4: created jobs, has created opportunity, It's created multiple opportunities for

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Speaker 4: people all the way down on multiple levels. And that's

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Speaker 4: exactly what entrepreneurship is. That's exactly what happens when we

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Speaker 4: support our own and we amplify people to allow them

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Speaker 4: to create jobs all the way down the food chain.

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Speaker 3: And so I just give it up to you brothers

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Speaker 3: for what you do. Okay, really appreciate.

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Speaker 6: Appreciate it, appreciate it. So let's get into this. I

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Speaker 6: want to start with Crypto. Shall we start. So we

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Speaker 6: were talking upstairs XRP any XRP enthusiast in the building.

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Speaker 3: Okay, Okay, So they had.

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Speaker 6: An interesting ruling with the SEC, and that is interesting

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Speaker 6: how that's going to affect the landscape of cryptocurrency. I

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Speaker 6: know you're it is you're a crypto enthusiast, So what's

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Speaker 6: your thoughts on the current state of crypto and specifically

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Speaker 6: how the XRP ruling could you know, translate to the

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Speaker 6: whole entire space.

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Speaker 4: But we're coming out of a crypto winner and uh.

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Speaker 4: And the XRP ruling is very interesting because, just to

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Speaker 4: break it down real quick, people who may not know,

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Speaker 4: the sc was trying to have XRP the commodity that

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Speaker 4: is the token the asset considered a security and therefore

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Speaker 4: would fall under securities law and therefore be illegal for

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Speaker 4: them without the proper licenses, et cetera, to trade that asset.

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Speaker 4: But the judge rule that instead of it being considered.

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Speaker 4: And now the ruling's not final and we're really talking

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Speaker 4: about what may happen in the future, but the potential

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Speaker 4: is that asset the judge set is not necessarily a security, but.

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Speaker 3: A commodity like an orange.

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Speaker 4: So if you have a grove of orange trees you

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Speaker 4: grow oranges, you don't need a license from the SEC

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Speaker 4: to sell those oranges, it's a commodity, and so the

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Speaker 4: sense this asset was created, the question is is it

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Speaker 4: a security like a stock or is it a commodity

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Speaker 4: like an orange?

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Speaker 3: And if it ends up being ruled.

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Speaker 4: To be a commodity, then the floodgates literally will open

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Speaker 4: extremely wide because it will allow a great deal of

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Speaker 4: assets to flow into the space because it won't be Now.

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Speaker 4: Other people argue that the more regulation in the space

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Speaker 4: is better because it's kind of like the wild wild West,

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Speaker 4: and therefore you need regulation, and both parties are correct

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Speaker 4: in a way. But what's interesting about it to me

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Speaker 4: is folks who are holding XRP thought that it was

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Speaker 4: definitely going to go the security route, but it's indicating

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Speaker 4: that it may go the commodity route, which changes people's mind.

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Speaker 4: So you've seen the price, for instance, of XRP jump

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Speaker 4: radically recently, but it's not even traded on coinbase. Coinbase

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Speaker 4: halted the trading of XRP because it was under sanctioned

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Speaker 4: by the SEC. Now, if coinbase starts trading XRP and

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Speaker 4: opens it back up, because a lot of people have

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Speaker 4: a ton of XRP on coinbase, but it's locked up

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Speaker 4: because you can't even trade it on the platform.

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Speaker 3: If coinbase opens XRP back.

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Speaker 4: Up, get ready because it'll start moving and it'll move fast.

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Speaker 3: But we'll have to see what happened.

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Speaker 5: Yeah, and everybody talks about the crypto. I'm not sure

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Speaker 5: what to do with it. But we were looking at

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Speaker 5: this building behind us, and we said, there's hundreds of

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Speaker 5: buildings that looked just like this. And if we're talking

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Speaker 5: about this is a comeback city, how do we all

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Speaker 5: take part in this? Can you talk about how crypto

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Speaker 5: can play a role inside of that token economy and

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Speaker 5: how we can own things together.

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Speaker 3: Yes, but let me let me talk about the city first.

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Speaker 2: Yes.

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Speaker 4: So I chose Michigan. I'm not from Michigan, right. I

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Speaker 4: came here and I was born in Iowa. I came

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Speaker 4: here in twenty eleven, twelve thirteen, when there used to

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Speaker 4: be a media tax credit here. I did a couple

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Speaker 4: of films. They weren't that good. I'm not gonna tell

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Speaker 4: you which they were. But I fell in love with

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Speaker 4: the people. This is the greatest people in the world.

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Speaker 4: Here a combination it is. And I said to myself,

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Speaker 4: then I didn't have a child. Then I said to

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Speaker 4: myself when I have kids, I'd rather have them grow

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Speaker 4: up like people here than people in Hollywood. And the

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Speaker 4: reason why you will not meet a black person in

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Speaker 4: Detroit does not have a good sense of themselves. It

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Speaker 4: doesn't exist. Now some of them don't have good sense.

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Speaker 4: But those are two different things. But when we think

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Speaker 4: about this city and the greatness of the city and

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Speaker 4: the legacy of this city, it's about ownership. And I

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Speaker 4: want to be careful about what I say. But in

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Speaker 4: many ways we may have gotten somewhat away from that.

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Speaker 4: But tokenization can bring us back to that. And so

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Speaker 4: to answer your question, if we tokenize that building behind us,

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Speaker 4: it opens up the access for actual ownership in a

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Speaker 4: smaller fractal share way when maybe one of us or

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Speaker 4: two of us don't have the down payment. And we

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Speaker 4: know how they readline, they know how less than one

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Speaker 4: percent of major bank lending goes to our community. So

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Speaker 4: even the idea that you're going to get a loan

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Speaker 4: for that building may not even happen. But if we're

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Speaker 4: able to tokenize that building, and I could go to

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Speaker 4: you and you and you and you and you and

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Speaker 4: say how many tokens are that you want? Oh, you

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Speaker 4: can do ten, you do twenty, you do forty, you

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Speaker 4: do ten, you do two, you do five, you do seven.

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Speaker 4: All of a sudden, we collectively own that structure and

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Speaker 4: we don't let other outside forces like what happened in

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Speaker 4: Harlem as example, developers came in beautiful brownstones, they bought them,

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Speaker 4: they boarded them up. They did not create affordable housing.

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Speaker 4: They boarded them up. They choked the community. Community services

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Speaker 4: start closing cleaners, clothes, grocery stores, clothes, food, Deserts are created.

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Speaker 4: Nobody wants to live there, everybody leaves, it's vacated. Then

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Speaker 4: on masks, they come back and develop it, but they

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Speaker 4: don't sell it back to us.

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Speaker 3: Right, So we can.

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Speaker 4: Disrupt that type of activity because you look at that building,

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Speaker 4: most of the windows are boarded up, choking out that

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Speaker 4: building because they could be redeveloping and creating affordable housing,

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Speaker 4: but they're not. They're trying to choke it out and

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Speaker 4: then bring other people in. We can disrupt that through

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Speaker 4: tokenization by getting into and access to the asset at

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Speaker 4: a lower individual cost. But the only way that works

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Speaker 4: is if we do it collectively, which we haven't been

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Speaker 4: taught to do in our community. We've been taught to

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Speaker 4: compete with each other, but not work collectively.

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Speaker 6: Yes, for sure. So let's talk about artificial intelligence, and

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Speaker 6: a lot of people are scared of it. Say it's

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Speaker 6: a major threat, especially to our community. It's going to

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Speaker 6: take they said, over three hundred and sixty million jobs

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Speaker 6: worldwide over the next ten years. And you know, this

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Speaker 6: is the motor city, and people think of Detroit and

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Speaker 6: they think of hard labor. But you actually provided a

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Speaker 6: different insight when we were upstairs about Detroit. It's history

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Speaker 6: of innovation. Can you just kind of explain what you

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Speaker 6: said to us. That's very insightful what you said.

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Speaker 5: So this episode is brought to you by P and

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Speaker 2: Of our merch partners.

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Speaker 5: pushing your vision forward.

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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador

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Speaker 1: accused of murdering a Texas man of Venezuelan charged with

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Speaker 1: filming and selling child pornography in Michigan. These are just

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Speaker 1: some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States

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Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 1: crossings are at the lowest levels ever recorded, and over

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Speaker 1: one hundred thousand illegal aliens have been arrested. If you

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Speaker 1: are here illegally, your next you will be fine nearly

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Speaker 1: one thousand dollars a day, imprisoned and deported, you will

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Speaker 1: never return. But if you register using our CBP home

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Speaker 1: app and leave now, you could be allowed to return legally.

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Speaker 1: Do what's right. Leave now. Under President Trump America's laws,

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Speaker 1: border and families will be protected.

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Speaker 2: Sponsored by the United States Department of Homeland Security.

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Speaker 4: Detroit in this area was was the most innovative place

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Speaker 4: in the world. It was the Silicon Valley back in

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Speaker 4: the day and to me. I mean, you know, I

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Speaker 4: was fortunate enough to buy the Fisher mansion, which is

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Speaker 4: right up the street. I mean, that's the Fisher building.

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Speaker 4: You can see it if we didn't have this screen

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Speaker 4: right here, you know, building with the green top. The

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Speaker 4: Fisher family was the richest family in America because of innovation.

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Speaker 4: Henry Ford goes to Charles Steve Fisher and says, hey, man,

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Speaker 4: because remember Ford used to not be a car company,

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Speaker 4: it was a motor company.

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Speaker 3: It's called the Ford Motor Company.

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Speaker 4: Henry Ford made a motor an engine, and he goes

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Speaker 4: to Fisher that they made carriages for horses, and he says, man,

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Speaker 4: I need a horseless carriage.

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Speaker 3: And Fisher's like, well you need a horseless carriage.

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Speaker 4: Yeah, I'm building a motor so we won't need horses

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Speaker 4: to pull the thing. And that's why the term horse

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Speaker 4: power came because Fisher says, well, we build the size

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Speaker 4: of the carriage based on how many horses pull it.

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Speaker 3: So how many horse power do you need it to

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Speaker 3: be built?

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Speaker 4: And so ultimately the Fishers built the chassis for Chrysler, Dodge,

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Speaker 4: GM Ford, et cetera. Build amazing wealth, build that amazing building.

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Speaker 4: Whyle y'all brothers here going to the lobby. It's one

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Speaker 4: of most beautiful lobbies you ever see. But the point

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Speaker 4: is it was a city of innovation, new thinking, and

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Speaker 4: to me, it's the mobility city of the world. And

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Speaker 4: if we use AI and AI mobility to push harder

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Speaker 4: and deeper into that type of technology, this city can

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Speaker 4: become the mobility capital of the world. Autonomous vehicles, young

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Speaker 4: independent entrepreneurs that are developing technology now. To me, the

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Speaker 4: scary part is though, that if we're not actually writing

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Speaker 4: the code, if we're not part of the code of AI,

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Speaker 4: then the AI ultimately, as it's generative and it's improving

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Speaker 4: upon itself, it starts to write us out of the

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Speaker 4: future of it. So that's why I need any of

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Speaker 4: y'all that are young coders, that are young entrepreneurs. You

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Speaker 4: have to start your company now because we're at the

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Speaker 4: nascent part of AI. And if you don't start your

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Speaker 4: company now and get into the generative cycle, that as

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Speaker 4: you're coding in or typing in prompts for AI and

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Speaker 4: you're not in your companies not popping up on it,

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Speaker 4: the AI is not going to be generative for your company.

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Speaker 4: It's just like a new version of a Google search,

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Speaker 4: and you're not at the top of the search. We

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Speaker 4: need our companies and our entrepreneurs to be part of

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Speaker 4: the generative process. And since it's in it's nason phase,

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Speaker 4: launch your company now.

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Speaker 3: Don't wait, do not wait.

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Speaker 4: We need you in it and this city can be

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Speaker 4: I believe the AI mobility capital of the world. Autonomous

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Speaker 4: vehicles everywhere, built by us for us, and we're part

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Speaker 4: of that.

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Speaker 5: Hell, I wonder you know you have an in depth

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Speaker 5: history of the city. For the young people out here

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Speaker 5: who are looking to invest, maybe in real estate, what

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Speaker 5: are the areas because I know there's some labels of

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Speaker 5: historic areas not too far from here. What are the

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Speaker 5: areas that they should be looking at to say, all right,

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Speaker 5: this is an opportunity before everybody comes out to an

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Speaker 5: invest in it. We can now invest and make sure

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Speaker 5: that we're at the forefront of this.

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Speaker 4: So my grandmama used to say, and show you better

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Speaker 4: than I can tell you. So I'm just gonna be honest.

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Speaker 4: So I bought a building y'all know, you know, you

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Speaker 4: know in eight Mile they shoot up that building with

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Speaker 4: the cow's head on top. On mac there's like a

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Speaker 4: little ice cream shop on Mac with a cow's head.

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Speaker 3: I bought that building. Don't go mess it up, y'all.

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Speaker 4: But so I think that whole area around Mac and

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Speaker 4: Drexel and that Chrysler plant that's over there, moving towards

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Speaker 4: gross Point is a great opportunity because remember how many

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Speaker 4: cars are going down Mac gross Point and back, and

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Speaker 4: there's not a lot going on there. Right there's a

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Speaker 4: package liquor store right there near Mac and Drexel. There's

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Speaker 4: a couple other things, but not a lot happening. I

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Speaker 4: believe that corridor is prime for getting a you know,

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Speaker 4: any type of it could be residential. I'm a big

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Speaker 4: believer in commercial real estate. Although downtown commercial real estate

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Speaker 4: is suffering, but that doesn't mean community based commercial.

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Speaker 3: Real estate can't thrive.

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Speaker 4: And if there's anybody there out there that's an ice

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Speaker 4: cream entrepreneur, this is real talk. And you have a

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Speaker 4: little bit money to invest in infrastructure, I'll partner with

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Speaker 4: you on that. Cow said because it's historically an ice

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Speaker 4: cream shop, and I'd like it to be an ice

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Speaker 4: cream shop, and then little kids in that neighborhood deserve

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Speaker 4: ice cream.

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Speaker 3: They ain't got no ice cream.

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Speaker 4: They got plexiglass liquor stores and they can buy fago

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Speaker 4: and burners and maybe some funians with snap money. We

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Speaker 4: got to do better, y'all, and that it starts with

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Speaker 4: bringing things like ice cream and fresh produce and things

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Speaker 4: like that in the community.

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Speaker 3: So I'm serious.

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Speaker 4: If somebody wants to open up an ice cream shop,

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Speaker 4: I'm mac, particularly if you know how to do really

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Speaker 4: nice flavors, because I don't know how to do that.

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Speaker 3: Let's talk. Let's talk. We got one right here, all right.

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Speaker 6: So my last question is wish your vision. Say you

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Speaker 6: fell in love with the city of Detroit in the

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Speaker 6: state of Michigan. Where do you see this city in

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Speaker 6: this state going over the next decade.

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Speaker 4: I just want people and more people to choose Michigan

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Speaker 4: like I did. I mean, we're forty ninth out of

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Speaker 4: fifty in growth and I don't understand. I don't understand

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Speaker 4: why so much talent leaves you graduate. Most of the

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Speaker 4: top graduates from Grand Valley State, from Michigan State, from

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Speaker 4: University of Michigan keep on going Western Michigan, Oakland University.

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Speaker 3: They leave, They go to Atlanta, they.

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Speaker 4: Go to Chicago, they go to Austin, Texas. They go

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Speaker 4: to la We got to keep our talent here. We

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Speaker 4: can't be like Lebron taking the talent to South Beach.

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Speaker 4: These guys are so fancy they hanging out with Lebron. Now,

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Speaker 4: I see my man somewhere. He got the Lebron's on

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Speaker 4: right there. I see you right there, he talking to somebody.

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Speaker 4: Though I just shouted out to your Lebrons.

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Speaker 3: They're nice. They're nice. I see you. And so so.

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Speaker 4: We have to create more people choosing Michigan and bringing

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Speaker 4: their talents here. And let's be clear, this state is

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Speaker 4: poised more than any other state in the country for

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Speaker 4: climate change. Twenty one percent of the fresh surface water

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Speaker 4: supply in the world touches Michigan shores twenty one percent.

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Speaker 4: There's more water here, there's more clean water, there's more

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Speaker 4: opportunity here, there's more intelligence here, there's more hustle here

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Speaker 4: than any state in the country. Yet we are getting smaller,

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Speaker 4: and it doesn't make sense. We all have to be

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Speaker 4: ambassadors for this place because I want people to come here.

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Speaker 4: I don't want us to keep losing the congressional district.

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Speaker 3: I don't want us.

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Speaker 4: To keep fighting over funding for different things that we

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Speaker 4: deserve and So I believe that you're gonna see Michigan

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Speaker 4: really start to grow like you're going to see Detroit

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Speaker 4: start to grow like Austin, Texas has, because we're going

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Speaker 4: to be creating businesses that attract talent. And I think

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Speaker 4: it's gonna happen. But it only happens, like I said,

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Speaker 4: if we collaborate. Doctor King said it well way back then.

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Speaker 4: We are all tied together in a single garment of

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Speaker 4: mutual destiny. My destiny is inextrictly linked with yours. And

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Speaker 4: that's why, since you all are doing well, you give

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Speaker 4: me permission to do well. And if we do well,

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Speaker 4: you give me permission, and on and on and to

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Speaker 4: the extent we either tear each other down or build

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Speaker 4: each other up.

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Speaker 3: I believe we build each other up. I mean it's beautiful.

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Speaker 2: You know who else is here?

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Speaker 3: Who's that earn you a Lisia?

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Speaker 5: And we're gonna keep coming back because we understand the

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Speaker 5: importance of being in cities like Detroit, the beauty of

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Speaker 5: Detroit right and the future for Detroit. So thank y'all

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Speaker 5: for coming, thank you for inviting us here. Has been

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Speaker 5: in a crazy, amazing time and he'll I know, we

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Speaker 5: don't like to take too much of your time. So again,

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Speaker 5: thank you for coming to be.

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Speaker 2: A part of this.

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Speaker 5: Earn your master's panel, and that's it for your time, man.

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Speaker 3: I appreciate it. Thank y'all. God bless you. Thank you.

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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador

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Speaker 1: accused of murdering a Texas man of Venezuelan charged with

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Speaker 1: filming and selling child pornography in Michigan. These are just

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Speaker 1: some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

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Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 1: crossings are at the lowest levels ever recorded, and over

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Speaker 1: one hundred thousand illegal aliens have been arrested. If you

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Speaker 1: are here illegally, your next you will be fine nearly

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Speaker 1: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 1: never return. But if you register using our CBP home

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Speaker 1: app and leave now, you could be allowed to return legally.

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Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,

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Speaker 1: border and families will be protected.

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Speaker 2: Sponsored by the United States Department of Homeland Security,