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Speaker 1: Also media.

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Speaker 2: Ah, welcome back to behind Wait no, sorry, it could

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Speaker 2: happen here.

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Speaker 1: You know.

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Speaker 2: We'll keep that in so that our audience, who I

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Speaker 2: know is deeply tied to the myth of my own perfection,

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Speaker 2: knows that I too, air speaking of perfect creatures who

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Speaker 2: have never made a mistake. Our guest today is Dan Olsen. Hello, Welcome,

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Speaker 2: Hi Dan.

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Speaker 3: How you doing. I'm doing well, not making.

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Speaker 2: Mistakes, exactly exactly that you are the Buddha I met

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Speaker 2: on the road, and I'm going to say hello, teach

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Speaker 2: me how to be flawless.

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Speaker 3: So first, have you heard of gold? Yes?

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Speaker 2: Yes, I was about to talk about gold the perfect

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Speaker 2: investment Dan.

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Speaker 3: Perfect investment vehicle never fails.

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Speaker 2: So Dan, you are a YouTuber and investigator, one of

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Speaker 2: my favorite researchers. We had you on recently to talk

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Speaker 2: well a couple of months ago a donuple time flat

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Speaker 2: circle etcheda but we had you wanted to talk about

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Speaker 2: your work reporting on the NFT bubble bursting and on

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Speaker 2: the metaverse bubble bursting, and more recently, you just published

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Speaker 2: a two and a half hour documentary investigation into the

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Speaker 2: game stop stock cult, which is a lot of people

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Speaker 2: are aware of. The first part of this, which is

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Speaker 2: that in January twenty twenty one, a bunch of folks

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Speaker 2: started like buying you via some weird Reddit movement started

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Speaker 2: buying huge amounts of game Stop stock, which, in a

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Speaker 2: period of pretty exaggerated decline, caused it to briefly surge

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Speaker 2: in value to absurd levels.

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Speaker 3: And I think that's where.

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Speaker 2: Most people kind of and then, you know, eventually it

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Speaker 2: fell apart, and I think that's where most people kind

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Speaker 2: of stopped paying attention.

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Speaker 3: Yeah, they they remember that week where it was like

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Speaker 3: in the news, and then they just kind of assumed

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Speaker 3: like that was it.

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Speaker 1: Yeah.

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Speaker 3: So yeah, it's it's been a It's an interesting and

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Speaker 3: weird ride because the evolution into like cult like behavior

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Speaker 3: was it was a very strange journey. It happened surprisingly rapidly,

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Speaker 3: but also not that surprisingly. Like once you fully unpack it,

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Speaker 3: you know, you have this internet movement that is very

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Speaker 3: nebulous in its origins or not in its origins, sorry,

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Speaker 3: the origins are very straightforward, like Wall Street Bets is

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Speaker 3: a gambling sub that had like it self describes as

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Speaker 3: if four chan found a Bloomberg terminal, So sure, you

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Speaker 3: know it's it's crass it's irony poisoned. You can get

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Speaker 3: just as much social clout or losing thousands of dollars

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Speaker 3: as you can for winning thousands of dollars. In fact,

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Speaker 3: there's an argument that there's more clout for lost porn

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Speaker 3: than there is for like actually posting big games. Obviously,

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Speaker 3: like not like the healthiest or most wholesome community you

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Speaker 3: could imagine. But you know, out of that plus COVID madness,

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Speaker 3: plus stimulus checks and just general nihilism arose this kind

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Speaker 3: of Frankenstein short squeeze play on game Stop that weirdly

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Speaker 3: never actually happened, because the play just sort of turned

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Speaker 3: into its its own self fulfilling thing that enough people

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Speaker 3: believed in the idea of this short squeeze play that

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Speaker 3: they just kept piling in and piling in, and suddenly,

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Speaker 3: like the short squeeze doesn't actually matter at all because

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Speaker 3: there's enough critical mass flooding in that you just get

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Speaker 3: this massive pump anyway, which convinces people that, oh, the

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Speaker 3: squeeze is going on. Because in the moment you don't

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Speaker 3: actually know like what mechanisms are driving the price movement.

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Speaker 3: You just see number going up, and so more people

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Speaker 3: kept piling in piling in, piling in. I got a

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Speaker 3: phone call from, you know, from a friend of mine

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Speaker 3: who's like, hey, have you heard about the GameStop stuff?

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Speaker 3: And I'm like, yes, I heard about it two days ago.

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Speaker 3: So if you heard about it today, it's it's way

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Speaker 3: too late. Do not. It's over. It's over. And sure enough,

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Speaker 3: like I went back and reviewed our text messages and like,

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Speaker 3: and if he had bought, he would have been a

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Speaker 3: just massive bag holder. Like it it plummeted, you know,

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Speaker 3: hours later.

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Speaker 2: And like for people who are not finance people, which

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Speaker 2: I certainly am not. This is like if you watched

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Speaker 2: The Big Short that's kind of the tech I mean

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Speaker 2: number one, that movie is seen as a blueprint by

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Speaker 2: a lot of these guys. Obviously there's folks, knowledgeable financial

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Speaker 2: folks who have critiques of that movie, but it is

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Speaker 2: it is accepted as like almost kind of like a

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Speaker 2: sacred text within the game Stop Stop ye.

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Speaker 3: And and it's weird because like they're the game stop enemy,

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Speaker 3: the the the ape. Okay, well i'll just use their lexicon.

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Speaker 3: We'll go over it real quick. They call themselves apes

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Speaker 3: for reasons that are not worth explaining. Their enemy are

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Speaker 3: short sellers. But short sellers are like doctor Burry short

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Speaker 3: sold the housing market, and Burry is that's Christian Bales character, right,

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Speaker 3: Christian Bales character. Yeah, yeah, yeah, Like all of the

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Speaker 3: main characters in that movie short sold the housing market

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Speaker 3: like that. That was their play. That was the big

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Speaker 3: short was. They're like, look, there's this bubble, We're going

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Speaker 3: to short sell it. Then when the price goes down,

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Speaker 3: we close our positions out and keep a tremendous amount

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Speaker 3: of money.

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Speaker 2: And I should we should go just because when I

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Speaker 2: watched this with a friend, they did not know what

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Speaker 2: short selling was. It's not I think, a normal It's

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Speaker 2: not a thing normal people where it will ever be

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Speaker 2: in a position to do. The basic idea and this

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Speaker 2: is all occurring with like stocks and commodities, But the

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Speaker 2: basic idea is you make an agreement with somebody to

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Speaker 2: get basically a loan of a bunch of shares in something, right,

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Speaker 2: and with the understanding that you will give those back

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Speaker 2: at a point in the future. And then you take

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Speaker 2: those and you immediately sell them for their their present value, right,

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Speaker 2: and your hope, your play at like goal is that

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Speaker 2: the value of that drops and then you are able

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Speaker 2: to buy back an equivalent amount to repay the loan

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Speaker 2: and have made a profit based on the gap between

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Speaker 2: those two numbers.

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Speaker 3: Right, that's the idea. That's that's the that's the idea.

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Speaker 3: You you can as an individual like do this. You can,

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Speaker 3: you can take out a short position with your broker,

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Speaker 3: you can. You can do it through derivatives like puts.

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Speaker 3: I wouldn't recommend it.

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Speaker 2: Yeah, it's it's kind of normal people's stock stuff.

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Speaker 3: Yeah, it's not normal people's stock stuff. Like you're there's

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Speaker 3: nothing legally barring you from doing it, but it it

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Speaker 3: really is kind of this like advanced play. You got

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Speaker 3: to know what's going on, especially because like a thing

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Speaker 3: that a lot of people in the description sort of

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Speaker 3: skip over, is it. Well, you're borrowing it. You know,

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Speaker 3: you're borrowing a thing, and thus there's the expectation that

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Speaker 3: you'll pay some kind of like you know, borrower's fee

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Speaker 3: akin to a kin to interest on like the value

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Speaker 3: of the thing that you've borrowed. Uh, but like it's

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Speaker 3: it's not interest on you know, like a housing loan

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Speaker 3: where the interest and like where your payments all are

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Speaker 3: geared towards paying off the loan. It's just kind of like,

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Speaker 3: all right, you ow me five bucks every single month

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Speaker 3: forever as long as you're holding this. And so you know,

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Speaker 3: if you're not paying attention, like you need to be

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Speaker 3: very actively managing these kinds of positions otherwise like your

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Speaker 3: borrowing fees will just eat up all of your profit.

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Speaker 2: Yeah, And it's the kind of thing where like today

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Speaker 2: most of those kind of kinds of trades aren't even

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Speaker 2: really made by people directly. They're made by massive banks

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Speaker 2: of computers and algorithms and shit kind of yeah. Yeah, yeah, Anyway,

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Speaker 2: I think that's that's enough background back to the kind

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Speaker 2: of cult aspect of it, which is I think much

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Speaker 2: more relevant for what we're talking about here. One of

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Speaker 2: the points you made early on that I found really

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Speaker 2: interesting is is that a significant amount of the initial

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Speaker 2: game stock game stops I'm going to keep doing that

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Speaker 2: hype was driven by influencers, right, and that there's evidence

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Speaker 2: based on kind of the US government's analysis of this

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Speaker 2: that got published that like regulators are paying additional tension

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Speaker 2: increasing attention to the influences that or to the impact

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Speaker 2: that influencers can have here because there's this concern that,

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Speaker 2: especially working in groups, there's like an ability for people

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Speaker 2: like this to disrupt the economy to a significant extent,

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Speaker 2: to a way that would affect like normal people.

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Speaker 3: Yeah, so one of the weird kind of so pump

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Speaker 3: and dumps have existed forever, right. The thing was is

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Speaker 3: that so the the memes stock run up, it wasn't

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Speaker 3: just GameStop. It was about like fifteen twenty, like in

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Speaker 3: January twenty twenty one, like so late twenty twenty, early

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Speaker 3: twenty twenty one. It was about fifteen twenty different companies,

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Speaker 3: you know, Nokia, BlackBerry, bed Bath and Beyond, like you know,

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Speaker 3: just kind of a bunch of over the hill companies

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Speaker 3: that were all sort of part of this this wave.

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Speaker 3: And the issue was that in the game stop price

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Speaker 3: run up. So the price went from at the end

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Speaker 3: of tw twenty twenty as everybody like as sort of

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Speaker 3: the meme wave like begins, and particularly once Ryan Cohen,

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Speaker 3: billionaire Chewy founder Chewy the Cat treat or dog online

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Speaker 3: dog food sales. Yeah. Yeah, when he buys in like

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Speaker 3: that kind of like puts the stamp of approval on

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Speaker 3: the whole thing. So it goes from like four and

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Speaker 3: a half dollars up to nineteen something. And then at

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Speaker 3: the end of January, it goes from nineteen twenty dollars

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Speaker 3: up to four hundred and eighty, and so in that

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Speaker 3: spread the short sales, so there was short interest in

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Speaker 3: game Stop. There was, in fact a reckless amount of

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Speaker 3: short interest in game Stop, but the price increase was

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Speaker 3: so huge, the volume of participation was so big, so

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Speaker 3: many people were jumping on this that the short interest

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Speaker 3: closing their position. The actual like short squeeze portion of

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Speaker 3: all of this is only like ten percent of the

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Speaker 3: price movement. All the rest of it is just people

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Speaker 3: fomoing in on like this thing that they heard about

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Speaker 3: through their cousin.

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Speaker 1: Yeah.

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Speaker 2: I think another thing that's kind of interesting to me

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Speaker 2: is like, as this thing has evolved, you know, you

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Speaker 2: mentioned that the actual price got up to like close

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Speaker 2: around five hundred dollars by the time this thing kind

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Speaker 2: of transitions into being this millenarian kind of apocalypse cult, right,

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Speaker 2: like not you know, nukes and stuff, end of days

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Speaker 2: apocalypse generally, but like the entire economy is going to come.

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Speaker 2: The belief that kind of has evolved broadly and that

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Speaker 2: obviously there's different kind of factions is but is that

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Speaker 2: like there is going to come a point where like

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Speaker 2: the price of game Stop stock will increase to such

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Speaker 2: an insane some people say hundreds of millions, billions of

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Speaker 2: dollars per share, that it effectively allows all of these

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Speaker 2: apes who have bought shares to hold the entire world

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Speaker 2: economy hostage until they have there but increasingly arcane demands met. Right, Yeah,

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Speaker 2: that is the belief, and that is the belief.

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Speaker 3: So so out of that, like so okay, So the

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Speaker 3: short's closing was only like about ten percent of the

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Speaker 3: of the total movement. So that leads to the conclusion

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Speaker 3: that you know that the events of January twenty twenty

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Speaker 3: one weren't a short squeeze, which is actually kind of true,

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Speaker 3: Like it wasn't it wasn't purely a short squeeze. It

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Speaker 3: was actually very little of it was a short squeeze.

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Speaker 3: But because it wasn't a short squeeze, like that term

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Speaker 3: then allows the creative individual to fill in the gap

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Speaker 3: and just say that it's like just say this, like, oh,

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Speaker 3: the short squeeze never happened. Therefore it's still on the

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Speaker 3: table the shorts like it the end. You know, it

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Speaker 3: hasn't happened yet, therefore it can still potentially happen. And

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Speaker 3: in fact, if we just like look at the trend line,

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Speaker 3: like I bet since it hasn't happened, since it didn't happen,

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Speaker 3: and the position that they held in December was so reckless,

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Speaker 3: it's only gotten worse since, which means that they're getting

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Speaker 3: which means that these short sellers must be getting desperate,

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Speaker 3: which means they're going to be willing to engage in

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Speaker 3: whatever level of depraved criminal activity is necessary to protect themselves. Therefore,

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Speaker 3: it's just getting more and more and more and more extreme. Therefore,

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Speaker 3: when this finally goes off, it's not just going to

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Speaker 3: be like it's not just going to be a five

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Speaker 3: hundred dollars price point. It's going to be a nuclear

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Speaker 3: explosion that's going to topple the entire economy. Yeah, And

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Speaker 3: that's this like train of logic and what they and

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Speaker 3: it all comes from that, just like missing the fact

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Speaker 3: that it's like, oh, it wasn't a short squeeze because

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Speaker 3: it was mostly fomo. The short squeeze was buried under

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Speaker 3: a mountain of of fomo. Yeah, but so it wasn't

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Speaker 3: a short scool. It's like, yeah, it's all just like

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Speaker 3: based in these like word games of like, ah, you

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Speaker 3: said it was you know that the dumb and dumber.

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Speaker 3: You know, it's like, what are the odds a one

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Speaker 3: in million, So you're saying there's a chance it's well, yeah,

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Speaker 3: that's not what I'm say.

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Speaker 2: It's interesting because of the impossibility of the things they're

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Speaker 2: actually hoping for, but also their fundamental belief that like

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Speaker 2: it's inevitable, in part because you know, this is this

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Speaker 2: is not wildly different from the psychology of like needing

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Speaker 2: to believe in uh that you are going to paradise

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Speaker 2: in the after.

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Speaker 3: Yeah, hallmarks of millennarians.

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Speaker 2: Yeah, yeah, because of that, what you get is a

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Speaker 2: lot of people who think that they are thinking scientifically,

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Speaker 2: but what they're doing is taking an endpoint. And the

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Speaker 2: endpoint is that you know this specific you know, the

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Speaker 2: these hedge funds or whatever are are evil and you know,

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Speaker 2: illegally bribing or whatever the government to stop us from succeeding,

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Speaker 2: or there's this other conspiracy. You're starting with this endpoint

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Speaker 2: and then working backwards and like finding ways to explain

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Speaker 2: the things that have happened within that framework.

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Speaker 3: Like the things that would need to be true in

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Speaker 3: order for the yeah thing.

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Speaker 2: To happen, like the thing that like Citadel must have

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Speaker 2: ordered robin Hood to stop letting people buy and share

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Speaker 2: game stock stocks rather than like, you know what what

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Speaker 2: actually happened, which is that robin Hood simply like could

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Speaker 2: not exist if they allowed this to continue. Yeah, and

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Speaker 2: you know, legally, I don't believe there's anything that was

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Speaker 2: stopping them from doing that. It's medieval peasant brain kind

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Speaker 2: of stuff, is what I initially like. That's how when

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Speaker 2: I was watching your documentary, I was like, oh, it's

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Speaker 2: this you know, this need to find this kind of

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Speaker 2: like magical answer to the problem. And then I like

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Speaker 2: interrogated that conclusion and was like, well, no, it's not.

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Speaker 2: This is just the way people's brains work, right, Yeah,

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Speaker 2: like we're pattern making. This isn't medieval peasant shit. They're

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Speaker 2: no dumber than we are. Like, yeah, that's what this shows.

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Speaker 3: Yeah. And one of the things that I love just

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Speaker 3: kind of on that is that, like you if you

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Speaker 3: had a time machine and you went back one hundred

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Speaker 3: thousand years and and found a bunch of you know,

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Speaker 3: homoliteral literal cavemen, yeah, actual apes more or less, you know,

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Speaker 3: like hundred thousand years ago. That's that's modern humans. Like

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Speaker 3: genetically that's genetically modern humans. You could just like implant

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Speaker 3: yourself in their tribe and teach them calculus and you know.

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Speaker 2: Yeah suh that it's like like we're like things don't

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Speaker 2: change it.

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Speaker 3: It's like it's like, yeah, no, we've been We've been

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Speaker 3: doing this ever since we were you know, this pattern

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Speaker 3: seeking doesn't change. It's almost like it is basically endemic

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Speaker 3: to the human psyche. There's a really good question that

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Speaker 3: that I've gotten in response to this is just like

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Speaker 3: is this just secular religion? Like is this just are

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Speaker 3: we just like wired to need faith in some shape

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Speaker 3: or form and if that is not provided by some institution,

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Speaker 3: we will just invent it. And it's like I don't

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Speaker 3: have the answer to that, but sign's point to yes. Yeah.

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Speaker 2: Now, So I wanted to talk a little bit about

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Speaker 2: one of the other things that you brought up that

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Speaker 2: I thought was interesting is the way you've got this

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Speaker 2: this cast of and these are you know, the influencers.

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Speaker 2: These are the people who make a lot of these

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Speaker 2: like arcane videos or put out these publish these prospectuses

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Speaker 2: with there are dozens or hundreds of pages laying out

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Speaker 2: you know, the arcana of how these different sort of

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Speaker 2: anticipated apocalyptic financial moves are going to go out, right, Yeah,

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Speaker 2: a lot of these people the belief is that that

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Speaker 2: I think is accurate at least this is what I

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Speaker 2: got from your documentary. Maybe I was interpreting you wrong,

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Speaker 2: is that most of these or many of these people

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Speaker 2: are not believers. They're manipulating a group of people because

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Speaker 2: there's in it. And one of the tactics that you

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Speaker 2: see used a lot is kind of faux humility. Right,

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Speaker 2: I'm just a dumb ape. You shouldn't trust me. I'm

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Speaker 2: not qualified to give financial advice. But here's the secret

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Speaker 2: history of the universe. To invest your money here now.

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Speaker 3: So, I mean you've seen this a lot with Yeah,

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Speaker 3: with various like cult leaders and pseudo cult leaders and

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Speaker 3: just general like grift fluencers. You know, there's always this

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Speaker 3: question of like how much of their own how much

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Speaker 3: of their own hype do they believe? How much did

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Speaker 3: they believe when they started, how much did they eventually

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Speaker 3: just like convince themselves of as people you know, follow them,

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Speaker 3: And I think it's it's very much like kind of

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Speaker 3: a an individual case by case basis. Some of them

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Speaker 3: are absolutely true believers. Like from the get go, some

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Speaker 3: of them, like a lot of them are like soft believers,

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Speaker 3: you know, you know where it's like they're not hardcore

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Speaker 3: into it, you know, if you really pressed them, Like

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Speaker 3: it's not motivating their their daily decisions. But what they're

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Speaker 3: taking from it is like social reinforcement. That they've found

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Speaker 3: a group of people who respond to them, who like

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Speaker 3: their posts, who leave messages. It's like, oh man, this

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Speaker 3: blew my mind. I can't believe the system is like

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Speaker 3: this fragile. You know, my tits are jacked, lighting the

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Speaker 3: fuse on the rocket ship, buying more moon tickets, you know.

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Speaker 3: And they and they respond to that very socially, and

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Speaker 3: and and out of that sort of soup of like

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Speaker 3: reinforcing messages, it's really easy for people in those influencer

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Speaker 3: positions to just kind of like hold conflicting like hold

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Speaker 3: the conflicting beliefs of like, I know that this is impossible,

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Speaker 3: but also it is like fulfilling me socially to say

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Speaker 3: these things. I'll just I'll just juggle that inconsistency.

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Speaker 2: Yeah, And the way the panics of social media, and

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Speaker 2: particularly in this case, it's the mechanics largely of Reddit.

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Speaker 2: That's not the only place this occurs, but Reddit is

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Speaker 2: certainly like the homeland. You could say, the way in

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Speaker 2: which up votes and down votes work, and the way

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Speaker 2: in which upvotes and down votes take you know, critical

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Speaker 2: content people who are trying to induce some accuracy or

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Speaker 2: you might even say sanity in the discussion, and that

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Speaker 2: that gets pushed down and hidden after a certain point

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Speaker 2: of time with enough down votes, as opposed to like

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Speaker 2: the stuff that is fundamentally unhinged but is like utopian

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Speaker 2: gets upvoted. It's it's the the physical, like the actual

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Speaker 2: mechanics of how the site is structured to work enforce

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Speaker 2: fund at a fundamental level, enforced group think consensus.

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Speaker 3: Absolutely. Oh and I mean in the best part about it,

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Speaker 3: and we see this across like all across Reddit communities,

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Speaker 3: which is this like it is it it's the social

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Speaker 3: enforcement of truth that that people will take this social

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Speaker 3: mechanism of up votes and down votes and use it

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Speaker 3: as proof against the claim that it's like, oh, well,

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Speaker 3: if if your negative sentiment were true, it would have

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Speaker 3: been up voted. Yeah, because like there's this underline, there's

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Speaker 3: this kind of just like implicit belief that people will

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Speaker 3: recognize truth and will upvote truth, and thus up votes

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Speaker 3: and down votes are are an accurate filter on reality

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Speaker 3: which is demonstrably not true. So yeah, that's intensely at

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Speaker 3: play here because you'll see apes who will then like

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Speaker 3: reference the fact that like that, you know that. It's like,

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Speaker 3: if this insane theory were false, why did it get

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Speaker 3: so many up votes? And it's like, well, because it it.

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Speaker 3: It hypes you up. It makes you. People are irrational.

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Speaker 3: You got a tingly feeling in your tummy when you

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Speaker 3: read it and the person told you that you were

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Speaker 3: going to be a millionaire. Yeah, that's why.

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Speaker 2: It's like asking why do we like magicians?

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Speaker 3: Of course we like magicians.

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Speaker 2: It's it looks nice, it's fun, it makes us feel

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Speaker 2: a sense of wonder.

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Speaker 4: Yeah.

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Speaker 2: I want to discuss one of the terms that you

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Speaker 2: use a lot that I missed the first couple of

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Speaker 2: times because I'm not I'm not. This is not a

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Speaker 2: community I had studied. I thought you misspoke at first

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Speaker 2: when you described like someone reached achieving a financial wind

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Speaker 2: fall as wife changing money. I just thought you, like,

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Speaker 2: I do that all the time. That show it's delivererate.

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Speaker 3: That's yes, yeah, no, no, and I was like, oh, okay,

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Speaker 3: this is a thing they say. Yeah, a lot of

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Speaker 3: people are like, I thought you misspoke. I'm like, no,

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Speaker 3: that's because I was tricking you. Like I was. I

389
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Speaker 3: was deliberately like very light in this term, like because

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Speaker 3: like because they use it like obviously as a as

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Speaker 3: an entendre. And I was just like okay, like I'll

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Speaker 3: just use it straight faced with no explanation three four

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Speaker 3: times and then finally explain it at the end and

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Speaker 3: make a lot of people angry when they realize that, like, no,

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Speaker 3: they weren't just mishearing me. Yeah. So that's one of

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00:23:15,760 --> 00:23:17,280
Speaker 3: those things like that goes to sort of the four

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Speaker 3: Chan roots of all of this, which is, you know,

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Speaker 3: the sort of like crass irreverence slash misogyny of of

399
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Speaker 3: chan speak and just this you know, Wall Street bets

400
00:23:33,080 --> 00:23:36,720
Speaker 3: will use this kind of like celebration of making so

401
00:23:36,840 --> 00:23:41,359
Speaker 3: much money that you can afford to be misogynistic and

402
00:23:41,960 --> 00:23:46,639
Speaker 3: just like swap your wife. And and it turns out that, like,

403
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Speaker 3: as we know, you make a joke like that often enough,

404
00:23:50,600 --> 00:23:53,359
Speaker 3: you're eventually going to attract the people who are just

405
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Speaker 3: straight up like yeah I hate.

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Speaker 2: My wife, Yeah I want to be able to replace

407
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Speaker 2: her using my using my crypto or my yeah whatever,

408
00:24:03,840 --> 00:24:08,040
Speaker 2: my game stock Stop god gains. I was wondering if

409
00:24:08,080 --> 00:24:10,120
Speaker 2: you might lay out one of the things, the parts

410
00:24:10,160 --> 00:24:12,200
Speaker 2: that was most interested in me was the whole Teddy Day,

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Speaker 2: Teddy Day, Oh boy, teddy d Yeah.

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Speaker 3: Can you explain Teddy Day to our listeners? Okay. So

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Speaker 3: Ryan Cohen, who fancies himself an activist investor, he buys

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00:24:24,720 --> 00:24:31,440
Speaker 3: into game Stop and gets a minority, pretty substantial holdings

415
00:24:31,480 --> 00:24:33,520
Speaker 3: that count as like a minority thing. You need to

416
00:24:33,560 --> 00:24:36,119
Speaker 3: file a bunch of paperwork with the sec that say, like,

417
00:24:36,320 --> 00:24:38,520
Speaker 3: you know, it's like I hold greater than ten percent

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Speaker 3: of this company. And he used that position to basically

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Speaker 3: get power inside the company itself as chairman. As of

420
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Speaker 3: a couple of weeks ago, he's now CEO. So so

421
00:24:51,200 --> 00:24:54,520
Speaker 3: Ryan Cohen gets heavily involved with with game Stop, and

422
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Speaker 3: he's like, I'm gonna turn this around because his real angs,

423
00:24:58,160 --> 00:25:01,000
Speaker 3: what seems to be his anger anxiety in life at

424
00:25:01,000 --> 00:25:03,080
Speaker 3: the moment, is this like sense of legacy. He doesn't

425
00:25:03,119 --> 00:25:04,800
Speaker 3: just want to be like like, oh I got lucky

426
00:25:04,880 --> 00:25:07,680
Speaker 3: with an online pet food sales thing. I'm a I'm

427
00:25:07,720 --> 00:25:10,800
Speaker 3: a real. I'm a big boy finance guy, you know,

428
00:25:10,920 --> 00:25:15,959
Speaker 3: I save dying companies. Real rich guy hobby. He puts

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00:25:16,000 --> 00:25:20,399
Speaker 3: out a series of children's books called Teddy, named after

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Speaker 3: his late father.

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Speaker 1: Uh.

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Speaker 3: And these are it's it's five books that have a

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Speaker 3: target audience of two year olds. That because you know,

434
00:25:33,480 --> 00:25:35,560
Speaker 3: when when you're rich and you want to do something

435
00:25:35,640 --> 00:25:38,320
Speaker 3: like that, you want to vanity published books. You don't

436
00:25:38,359 --> 00:25:41,480
Speaker 3: just like go to an off the shelf vanity publisher.

437
00:25:41,800 --> 00:25:44,760
Speaker 3: You make your own vanity publisher because in the scheme

438
00:25:44,800 --> 00:25:48,560
Speaker 3: of things like that's just not that expensive. So Amazon

439
00:25:48,640 --> 00:25:51,399
Speaker 3: has made it easier than ever, easier than ever. So

440
00:25:51,520 --> 00:25:55,760
Speaker 3: he founds this LLC, you know, air quote founds pays

441
00:25:55,800 --> 00:25:58,960
Speaker 3: the like six hundred bucks in filing fees to create

442
00:25:59,000 --> 00:26:04,480
Speaker 3: this LLC. Teddy Publishing files a whole bunch of trademarks.

443
00:26:04,520 --> 00:26:07,040
Speaker 3: You know, we're talking like a few thousand dollars all

444
00:26:07,040 --> 00:26:09,159
Speaker 3: in all in order to file, like in order to

445
00:26:09,200 --> 00:26:11,520
Speaker 3: just file a bunch of paperwork. And this is all

446
00:26:11,600 --> 00:26:14,400
Speaker 3: just like the scattershot stuff of like, okay, we're making

447
00:26:14,440 --> 00:26:17,879
Speaker 3: a product aimed at children. Let's file the trademark for

448
00:26:17,960 --> 00:26:21,560
Speaker 3: Teddy very broadly. And so it's going to cover like

449
00:26:22,320 --> 00:26:26,520
Speaker 3: basically children's merchandise across the board. You know, what if

450
00:26:26,520 --> 00:26:28,240
Speaker 3: we want to put what if we want to put

451
00:26:28,280 --> 00:26:33,480
Speaker 3: the characters on blankets or bottles or cups or plates

452
00:26:33,760 --> 00:26:38,119
Speaker 3: or party supplies or whatever. So these trademarks are just

453
00:26:38,240 --> 00:26:44,800
Speaker 3: incredibly wide ranging across just merch Yeah. But the existence

454
00:26:44,840 --> 00:26:50,320
Speaker 3: of these trademark applications and this LLC becomes the seed

455
00:26:51,080 --> 00:26:59,840
Speaker 3: for Teddy the Company, as this like the mechanism through

456
00:27:00,040 --> 00:27:04,600
Speaker 3: which Ryan Cohen is going to collaborate with Apes in

457
00:27:04,800 --> 00:27:10,199
Speaker 3: order to trigger MOASS. Because I guess this is the

458
00:27:10,200 --> 00:27:13,359
Speaker 3: important thing about the mythology. Apes believe Ryan Cohen is

459
00:27:13,400 --> 00:27:17,240
Speaker 3: on their side, that he is, he is their inside man.

460
00:27:17,640 --> 00:27:20,320
Speaker 3: He is working with them. He is as frustrated as

461
00:27:20,359 --> 00:27:24,040
Speaker 3: they are that this hasn't happened yet. But for like

462
00:27:25,200 --> 00:27:28,600
Speaker 3: arcane legal reasons, he needs to like he needs to

463
00:27:28,680 --> 00:27:32,080
Speaker 3: operate like a like a clockmaker, you know, he has

464
00:27:32,160 --> 00:27:36,439
Speaker 3: to do everything very delicately and indirectly, and like his

465
00:27:36,600 --> 00:27:41,560
Speaker 3: hand cannot be seen pushing on the scales. So they

466
00:27:41,560 --> 00:27:43,679
Speaker 3: think that it's like that this becomes the thing that

467
00:27:43,720 --> 00:27:48,600
Speaker 3: they view all of their all of their hopes and

468
00:27:48,720 --> 00:27:51,840
Speaker 3: dreams into his Teddy LLC. That's like this is the

469
00:27:51,880 --> 00:27:53,919
Speaker 3: thing that he's going to use as the mechanism to

470
00:27:53,960 --> 00:27:58,840
Speaker 3: do this. He's going to like buy game Stop via Teddy.

471
00:27:58,920 --> 00:28:01,760
Speaker 3: He's going to buy me maybe some other company via Teddy.

472
00:28:01,840 --> 00:28:05,240
Speaker 3: Teddy's going to get bought in to, like it is

473
00:28:05,320 --> 00:28:07,880
Speaker 3: going to get bought by game Stop like one way

474
00:28:07,960 --> 00:28:12,560
Speaker 3: or another. There were like hundreds of competing theories all

475
00:28:13,200 --> 00:28:18,960
Speaker 3: rooted in in this. But then back in January of

476
00:28:19,000 --> 00:28:26,560
Speaker 3: this year, a insanity starts in two So in both

477
00:28:26,640 --> 00:28:31,240
Speaker 3: GameStop forums and bed Bath and Beyond forums, the two

478
00:28:31,600 --> 00:28:37,000
Speaker 3: meme stocks that are linked by Ryan Cohen, they they

479
00:28:37,160 --> 00:28:43,080
Speaker 3: create this idea called Teddy Day, which is a combination

480
00:28:43,440 --> 00:28:49,400
Speaker 3: of a bunch of things. So Ryan Cohen tweeted several

481
00:28:50,600 --> 00:28:58,800
Speaker 3: Titanic references. James Cameron's Titanic was being re released this

482
00:28:58,840 --> 00:29:04,280
Speaker 3: past February on a day that aligned with National Teddy

483
00:29:04,280 --> 00:29:09,960
Speaker 3: Bear Day, and so two different communities of apes, for

484
00:29:10,080 --> 00:29:16,320
Speaker 3: completely separate reasons, latched onto this idea of Teddy Day.

485
00:29:17,040 --> 00:29:23,880
Speaker 3: It was Friday, February tenth, twenty twenty three. They latched

486
00:29:23,920 --> 00:29:27,760
Speaker 3: onto it as just this that like this is the day,

487
00:29:27,800 --> 00:29:30,040
Speaker 3: this is when it's all going to come together. This

488
00:29:30,120 --> 00:29:32,960
Speaker 3: is when he's going to make his big move. And

489
00:29:33,160 --> 00:29:37,560
Speaker 3: a major driving piece of evidence that they had for

490
00:29:37,760 --> 00:29:41,400
Speaker 3: Teddy Day was that in one of the Teddy books,

491
00:29:42,640 --> 00:29:47,000
Speaker 3: the kids learned to read a clock and the hands

492
00:29:47,000 --> 00:29:51,640
Speaker 3: on the clock are pointed to ten and two. So

493
00:29:52,480 --> 00:29:57,800
Speaker 3: Ryan Cohen left them clues in this children's book published

494
00:29:57,920 --> 00:30:05,360
Speaker 3: six months earlier, warning them that February tenth was going

495
00:30:05,440 --> 00:30:09,360
Speaker 3: to be the day that it all went down, that

496
00:30:09,360 --> 00:30:13,080
Speaker 3: that was the day of the apocalypse, that was Teddy Day.

497
00:30:13,560 --> 00:30:19,120
Speaker 3: And it got just like the the spread of this

498
00:30:19,200 --> 00:30:21,760
Speaker 3: got just like absolutely unhinged on the forms, like it

499
00:30:21,880 --> 00:30:25,320
Speaker 3: was all that super stunk and BBB, why we're talking

500
00:30:25,320 --> 00:30:29,239
Speaker 3: about For like a week and a half leading up

501
00:30:29,240 --> 00:30:31,440
Speaker 3: to it, the hype was like unreal. And then of

502
00:30:31,440 --> 00:30:35,120
Speaker 3: course nothing happened. You you, I don't know if you

503
00:30:35,280 --> 00:30:39,360
Speaker 3: noticed this, but but the US economy did not collapse

504
00:30:39,440 --> 00:30:40,240
Speaker 3: last February.

505
00:30:41,160 --> 00:30:43,680
Speaker 2: Oh that's good. I had been I have been living

506
00:30:43,880 --> 00:30:46,600
Speaker 2: like a postal apocalyptic warlord under the assumption that it

507
00:30:46,720 --> 00:30:48,960
Speaker 2: had but all, yeah, I'll pivot now.

508
00:30:49,520 --> 00:30:52,440
Speaker 3: Yeah. So so it's just it's one of those like

509
00:30:52,680 --> 00:30:54,800
Speaker 3: it's just such a great encapsulation of the fact that

510
00:30:54,920 --> 00:30:59,040
Speaker 3: like that. These communities, they will they will invent these

511
00:30:59,240 --> 00:31:04,040
Speaker 3: these catalyst moments, convince themselves that like, oh, here's a

512
00:31:04,120 --> 00:31:07,040
Speaker 3: date that's upcoming, and then the moment that, like the

513
00:31:07,040 --> 00:31:11,320
Speaker 3: great disappointment happens, some of them like bleed off, but

514
00:31:11,400 --> 00:31:14,560
Speaker 3: for the most part like it. Nothing can actually like

515
00:31:16,400 --> 00:31:19,920
Speaker 3: stop the inertia. They can just discard it. And and

516
00:31:20,000 --> 00:31:22,400
Speaker 3: they did. They you know, no one talks about Teddy

517
00:31:22,480 --> 00:31:25,560
Speaker 3: Day anymore except for the fact that like it it

518
00:31:25,640 --> 00:31:31,320
Speaker 3: had a brief Teddy Day two point zero as October

519
00:31:31,480 --> 00:31:36,280
Speaker 3: second was like upcoming, because you know, ah, maybe it

520
00:31:36,440 --> 00:31:40,800
Speaker 3: wasn't the tenth of February, it was the second of October,

521
00:31:41,160 --> 00:31:44,080
Speaker 3: you know. And and sure, like I'm willing to bet

522
00:31:44,120 --> 00:31:47,480
Speaker 3: that when next February rolls around, like we'll we'll get

523
00:31:47,680 --> 00:31:51,120
Speaker 3: Teddy Day three point zero. Yeah, I'm sure. It just

524
00:31:51,200 --> 00:31:51,560
Speaker 3: keeps this.

525
00:31:51,680 --> 00:31:53,840
Speaker 2: The same thing has happened with like different kind of

526
00:31:53,920 --> 00:31:56,720
Speaker 2: Christian apocalypse cults, right where you'll have a guy pick

527
00:31:56,760 --> 00:31:59,440
Speaker 2: a day, then the day comes, and then there's always

528
00:31:59,440 --> 00:32:03,360
Speaker 2: a reason. And fundamentally, because this becomes so much of

529
00:32:03,440 --> 00:32:06,920
Speaker 2: someone's social life, because it becomes part of their emotional

530
00:32:07,000 --> 00:32:12,480
Speaker 2: support network, because it's like fundamentally, you changes the way

531
00:32:12,520 --> 00:32:15,200
Speaker 2: you talk, Like you learn so many new words that

532
00:32:15,280 --> 00:32:18,400
Speaker 2: make it into your diction that like it's easier to

533
00:32:18,560 --> 00:32:24,160
Speaker 2: just keep rolling the expected date ahead rather than like

534
00:32:24,240 --> 00:32:27,480
Speaker 2: acknowledge that kind of fundamental hit to your self conception

535
00:32:27,760 --> 00:32:29,760
Speaker 2: that admitting you got played would take.

536
00:32:30,160 --> 00:32:36,440
Speaker 3: Yeah. Yeah, the guy who does so religion for breakfast, Yeah,

537
00:32:35,520 --> 00:32:38,080
Speaker 3: he picked up on the fact that, like I was

538
00:32:38,160 --> 00:32:41,800
Speaker 3: using phrases like a great disappointment in in the video,

539
00:32:41,920 --> 00:32:44,280
Speaker 3: like very deliberately, because it's like it's the it's the

540
00:32:44,320 --> 00:32:47,200
Speaker 3: same mechanism. So the great disappointment was like that's the

541
00:32:47,240 --> 00:32:50,440
Speaker 3: event that caused the Seventh day Adventist to come into

542
00:32:50,560 --> 00:32:55,560
Speaker 3: existence because it was like a expected date of the

543
00:32:55,560 --> 00:32:59,560
Speaker 3: apocalypse of the Second Coming, like yeah, didn't happen, And

544
00:32:59,800 --> 00:33:02,840
Speaker 3: you end up with like this then fragmentation of the aftermath.

545
00:33:02,880 --> 00:33:05,040
Speaker 3: A bunch of people just bleed off. But you end

546
00:33:05,120 --> 00:33:08,000
Speaker 3: up with like a couple different factions, ones who are like, ah, well,

547
00:33:08,440 --> 00:33:11,720
Speaker 3: the date was like the date wasn't wrong per se,

548
00:33:12,040 --> 00:33:14,320
Speaker 3: or like the idea wasn't wrong, just like the date

549
00:33:14,440 --> 00:33:16,840
Speaker 3: was wrong, like maybe it's off by one hundred years

550
00:33:16,920 --> 00:33:18,680
Speaker 3: or whatever. And you get other people who are like

551
00:33:18,760 --> 00:33:21,960
Speaker 3: actually it did happen. It just happened in secret, like

552
00:33:22,040 --> 00:33:25,520
Speaker 3: obviously it wasn't going to just like happen in Times Square.

553
00:33:25,920 --> 00:33:30,880
Speaker 3: It happened, like you know, the millennium is already kind

554
00:33:30,880 --> 00:33:35,800
Speaker 3: of like rolling underneath normal like normal looking society. It's

555
00:33:35,840 --> 00:33:38,240
Speaker 3: going on right now. It's just day to day life

556
00:33:38,280 --> 00:33:40,800
Speaker 3: hasn't changed. And that's how you know it's happening is

557
00:33:40,880 --> 00:33:47,880
Speaker 3: that nothing's changing. It's like okay, okay, cool, so completely unfalsifiable,

558
00:33:47,960 --> 00:33:50,959
Speaker 3: rad awesome, love that for you. Yeah.

559
00:33:51,200 --> 00:33:54,040
Speaker 2: So one of the things that kind of related to

560
00:33:54,080 --> 00:33:56,440
Speaker 2: that I have been thinking about a lot lately is

561
00:33:57,840 --> 00:34:02,160
Speaker 2: we've got this the story that keeps, you know, popping

562
00:34:02,160 --> 00:34:04,920
Speaker 2: into the news every couple of usually a couple of

563
00:34:05,000 --> 00:34:09,160
Speaker 2: times a year, that what are called nons are are

564
00:34:09,200 --> 00:34:12,799
Speaker 2: increasing as a percentage of the population every single year,

565
00:34:13,160 --> 00:34:16,200
Speaker 2: which is like people who are not affiliated to any religion.

566
00:34:18,040 --> 00:34:21,920
Speaker 2: And I've seen, especially a few years ago, you know,

567
00:34:22,400 --> 00:34:25,400
Speaker 2: atheists that I knew who were kind of like more

568
00:34:25,560 --> 00:34:29,399
Speaker 2: active and like atheism is a movement really celebrating this.

569
00:34:30,080 --> 00:34:34,640
Speaker 2: I think that does like the the assumption that that

570
00:34:34,760 --> 00:34:37,000
Speaker 2: means that like atheism is growing more popular has been

571
00:34:37,080 --> 00:34:40,560
Speaker 2: kind of fundamentally inaccurate. I think what we're seeing and

572
00:34:40,600 --> 00:34:42,520
Speaker 2: what this this is kind of evidence of, is that

573
00:34:42,600 --> 00:34:47,240
Speaker 2: like non affiliation with an organized religion is more common

574
00:34:47,280 --> 00:34:52,000
Speaker 2: than ever. People are rejecting organized, settled religion at a

575
00:34:52,120 --> 00:34:56,080
Speaker 2: kind of unprecedented rate that's certainly undeniable. That doesn't mean

576
00:34:56,080 --> 00:35:00,000
Speaker 2: they're as they are still believers. And this is an example,

577
00:35:00,239 --> 00:35:03,680
Speaker 2: right right, this is people are creating. The Internet has

578
00:35:03,719 --> 00:35:09,439
Speaker 2: given created a tremendous capacity to build religions, and that's

579
00:35:09,480 --> 00:35:10,600
Speaker 2: what people are doing.

580
00:35:11,760 --> 00:35:17,200
Speaker 3: That's what this is. Yeah, and it's like how long

581
00:35:17,320 --> 00:35:22,560
Speaker 3: lasting will it be? I mean, I don't in the

582
00:35:22,680 --> 00:35:25,359
Speaker 3: scope of in the scope of world faiths. I don't

583
00:35:25,400 --> 00:35:30,439
Speaker 3: think game stopism is is poised to stand the test

584
00:35:30,480 --> 00:35:36,400
Speaker 3: of time. I don't think we'll be seeing an ape

585
00:35:36,400 --> 00:35:41,000
Speaker 3: emperor any anytime soon. But but yeah, like and and

586
00:35:41,080 --> 00:35:42,759
Speaker 3: the thing is is that like you go back through

587
00:35:42,840 --> 00:35:45,600
Speaker 3: history and like you you look at like religious archaeology,

588
00:35:45,640 --> 00:35:48,799
Speaker 3: and like you start sort of breaking away from sort

589
00:35:48,800 --> 00:35:53,640
Speaker 3: of this idea of Christian hegemony as being effectively like

590
00:35:53,680 --> 00:35:56,960
Speaker 3: that It's like, okay, you know, once the Christianization of

591
00:35:57,040 --> 00:36:00,080
Speaker 3: Rome happened, like it was, it was then locked in

592
00:36:00,080 --> 00:36:05,080
Speaker 3: in like until you know Martin Luther, and then you

593
00:36:05,120 --> 00:36:09,799
Speaker 3: get like fragmentation into sects, but like it stays like

594
00:36:09,920 --> 00:36:11,960
Speaker 3: locked in, and it's like it's like nah, when you

595
00:36:12,000 --> 00:36:14,520
Speaker 3: start really digging into the history, it's like, this is

596
00:36:14,640 --> 00:36:18,480
Speaker 3: just this is always going on, This is always boiling

597
00:36:18,560 --> 00:36:23,839
Speaker 3: under the surface. You look at like Puritanism in America

598
00:36:25,000 --> 00:36:27,840
Speaker 3: through a non like through just kind of like a

599
00:36:27,920 --> 00:36:30,160
Speaker 3: human lens of like what you know about how people behave,

600
00:36:30,239 --> 00:36:32,359
Speaker 3: and you suddenly start seeing that it's like, oh, they

601
00:36:32,360 --> 00:36:35,880
Speaker 3: were just like in a constant, perpetual state of internal

602
00:36:35,920 --> 00:36:42,040
Speaker 3: fragmentation as people had different ideas about like what was

603
00:36:42,080 --> 00:36:44,960
Speaker 3: supposed to happen, what should happen, and just kind of

604
00:36:45,040 --> 00:36:49,680
Speaker 3: like formed you know, cliques and factions, and sometimes those

605
00:36:49,680 --> 00:36:52,759
Speaker 3: factions got big enough to split off and then they

606
00:36:52,840 --> 00:36:56,839
Speaker 3: lasted you know, ten, twenty, thirty, fifty years and then

607
00:36:57,120 --> 00:37:01,040
Speaker 3: like either folded back into the main thing or or whatever.

608
00:37:01,040 --> 00:37:04,200
Speaker 3: But this kind of like churn in in faith and

609
00:37:04,280 --> 00:37:07,920
Speaker 3: belief is is just it's always there. It just in

610
00:37:08,400 --> 00:37:14,360
Speaker 3: an organized, codified faith. It's a lot easier to lose

611
00:37:14,480 --> 00:37:17,880
Speaker 3: track of it, particularly from a historical perspective. It's a

612
00:37:17,920 --> 00:37:20,520
Speaker 3: lot easier to just look at like the bigger picture

613
00:37:20,560 --> 00:37:22,200
Speaker 3: and be like, ah, it was all the same, it

614
00:37:22,280 --> 00:37:30,080
Speaker 3: was homogeneous. And it turns out no, yeah, sorry, that

615
00:37:30,160 --> 00:37:31,920
Speaker 3: was a very no, no, no, no, there was. I

616
00:37:32,320 --> 00:37:35,160
Speaker 3: threw a lot of like very big assumptions into a

617
00:37:35,320 --> 00:37:40,680
Speaker 3: very tightly packed statement. There, no, no, no.

618
00:37:40,760 --> 00:37:44,000
Speaker 2: I think that was great, And yeah, that's that's kind

619
00:37:44,000 --> 00:37:46,560
Speaker 2: of I think what I what I had to sort

620
00:37:46,560 --> 00:37:52,920
Speaker 2: of ask about, you know, just sort of this fascination

621
00:37:53,080 --> 00:37:57,120
Speaker 2: with the way in which almost anything can become a

622
00:37:57,200 --> 00:38:00,719
Speaker 2: cult these days thanks to sort of the social dynamics

623
00:38:01,280 --> 00:38:04,799
Speaker 2: of the different online communities and how they they reinforce

624
00:38:04,880 --> 00:38:07,600
Speaker 2: each other. Like this is kind of at the center

625
00:38:07,680 --> 00:38:10,640
Speaker 2: of almost everything that's a problem right now, one way

626
00:38:10,719 --> 00:38:11,120
Speaker 2: or the other.

627
00:38:11,320 --> 00:38:14,400
Speaker 3: Right, Yeah. I think the thing that is new and

628
00:38:14,600 --> 00:38:18,799
Speaker 3: modern really is the ability, or is the I don't

629
00:38:18,840 --> 00:38:24,680
Speaker 3: want to say ability, the phenomenon of decentralized self organizing

630
00:38:25,400 --> 00:38:30,359
Speaker 3: belief systems. You know that Like there's these a lot

631
00:38:30,360 --> 00:38:33,560
Speaker 3: of the a lot of the meme stock influencers. You know,

632
00:38:33,640 --> 00:38:41,560
Speaker 3: they're not leading it. They're just like nudging it. They're

633
00:38:41,560 --> 00:38:43,640
Speaker 3: not in charge of it. And if they if any

634
00:38:43,680 --> 00:38:47,600
Speaker 3: of them like tried to like really like seize the

635
00:38:47,680 --> 00:38:54,480
Speaker 3: reins that that would get them like exiled. You know,

636
00:38:54,560 --> 00:38:57,120
Speaker 3: any any kind of like overt power grab would be

637
00:38:57,440 --> 00:39:00,239
Speaker 3: would be antithetical to it. But so it's the it's

638
00:39:00,280 --> 00:39:02,520
Speaker 3: and it's the same thing like in QAnon, if somebody

639
00:39:02,840 --> 00:39:05,360
Speaker 3: anyone who's come out and been like I am q

640
00:39:06,480 --> 00:39:10,680
Speaker 3: listen to me, gets immediately just like just demolished by

641
00:39:11,080 --> 00:39:15,840
Speaker 3: the faithful because like it's it's antithetical to their whole

642
00:39:15,880 --> 00:39:20,000
Speaker 3: thing to have a really identifiable leader. And and the

643
00:39:20,000 --> 00:39:23,560
Speaker 3: fact that there is no identifiable leader, that that the

644
00:39:23,640 --> 00:39:31,560
Speaker 3: leader is mythological is useful and beneficial to the to

645
00:39:31,640 --> 00:39:37,040
Speaker 3: the organization, and those kinds of like those kinds of movements,

646
00:39:37,200 --> 00:39:39,640
Speaker 3: they're not unique to the modern age, but the modern

647
00:39:39,680 --> 00:39:45,640
Speaker 3: age has made them very easy to form, almost by accident.

648
00:39:46,480 --> 00:39:50,279
Speaker 2: Yeah, well, Dan, this would be something for people to

649
00:39:50,320 --> 00:39:53,200
Speaker 2: continue to keep an eye on because it's not gonna stop.

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Speaker 3: Probably I'm I'm there's gonna be some like amazing doctoral

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Speaker 3: dissertations on this subject in like ten years.

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Speaker 2: Yes, I would, I would certainly agree with that. Well, Dan,

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Speaker 2: you want to let the people know where they can

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Speaker 2: find you.

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Speaker 3: They can find me on YouTube. The channel name is

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Speaker 3: Folding ideas and I'm on socials, Twitter, Blue Sky, et cetera,

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00:40:22,080 --> 00:40:26,400
Speaker 3: et cetera, et cetera, as as Foldable Human excellent.

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Speaker 2: All right, check out Dan's videos, check out his YouTube channel,

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Speaker 2: like and subscribe and check us out. But you already

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Speaker 2: have because you're here, so continue to check us out.

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Speaker 3: It Could Happen here as a production of cool Zone Media.

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Speaker 3: For more podcasts from cool Zone Media, visit our website

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Speaker 3: cool zonemedia dot com, or check us out on the

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Speaker 3: iHeartRadio app, Apple Podcasts, or wherever you listen to podcasts.

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Speaker 3: You can find sources for It could Happen Here, updated

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Speaker 3: monthly at cool zonemedia dot com slash sources. Thanks for listening,