[RUMBLE]
Downloaded from YTS.MX
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Hi, hi.
Hello there.
DIRECTOR: Welcome! Welcome. Have a seat.
Thank you.
HEXICAN 1: Hello. HEXICAN 2: Hi.
DIRECTOR: And how are you?
Really good.
DIRECTOR: Fantastic.
Sitting up straight.
Ta da!
DIRECTOR: And then what's this thing?
That's my HEX medallion.
Nice bling.
You like the logo?
DIRECTOR: We are going to play a game.
Okay, sure why not?
DIRECTOR: I'm going to invite you to pick a card.
Pick a card. Any card.
DIRECTOR: And based on what that card says,
I'm going to ask you a question.
Okay.
One word.
DIRECTOR: One word. Okay, Here we go. Ready?
DIRECTOR: In one word.
In one word.
DIRECTOR: Who is Richard Heart?
Just one word?
God.
Messiah.
Legendary.
Hero.
Master.
The benevolent king.
I don't want to say God, because everyone's going to say God!
Winner.
- Genius. - Savior.
RICHARD: I'm the best human being in crypto.
I raise the most money for charity,
I produce the most self-help videos.
I made a cryptocurrency that went up 1,000,000%.
Whether you like him or you don't, he is genuine.
Quarter million.
Hate me. Hate me.
I'm farther than you'll ever be in your whole life.
Quarter million
HEX.
DIRECTOR: In one sentence, what is HEX?
The best crypto asset in the world.
Uh, cryptocurrency.
Put it away for a period of time and it basically multiplies.
Instead of offering the two percent you get
when you put your money into a savings account,
with HEX you can get APY of up to 40%.
The longer you stake, you lock in your coins,
the more interest you earn.
Which pays the most incredible rate of interest.
I've ever come across, around about 40% APY.
You can just stake your HEX and enjoy the gains.
HEX is freedom.
There's no other word for it.
This is the best potential in the entire world.
If you get this right, you never have to work
again a day in your life.
But if you get it wrong, you lose everything.
DIRECTOR: Okay. Next card.
Hexicans.
Who are Hexicans?
We are here right now!
The strongest, most loyal community in crypto.
I'm a full time Hexican.
I got a tattoo that proves it.
Richard Heart supporting,
crypto-loving, money-making enthusiasts-
You know I'm going to fucking make it, man!
I wasn't going to make it,
I wasn't going to fucking make it man!
Anyone who has bought into the philosophy of HEX.
Fix the money, fix the world.
And that's what we're here to do.
HEX is the only real crypto out there.
They can cut through the bullcrap.
Can I say bullshit?
They just cut through the fucking bullshit right?
[RAPPING] Jackpot bitch!
DIRECTOR: All right next card.
DIRECTOR: It says?
Scam.
[SCOFFS]
[LAUGHS]
Is HEX a scam?
Richard explained that a lot of times on stream,
why it isn't a scam or a Ponzi scheme
or a pyramid or something like that-
DIRECTOR: So you're saying Richard told you
the thing he made isn't a scam, therefore it's not a scam?
DIRECTOR: Is HEX a scam?
[LAUGHTER] Scam.
That's a ridiculous idea.
It's one of those things, one of those words
that's difficult to shake off.
No, no. This is this is definitely not a scam.
This is the closest thing that you could call a Ponzi scheme.
So go show me the person that's been scammed.
All promises are met.
Why a scam?
One article titled
'Richard Heart's HEX Token is a Brilliant Scam'.
There- there'’s got to be something deep down on why...
Why you're- Why you're saying this.
Sorry, Richard.
This is the dumbest fucking thing
I've ever heard in my entire life.
I don't like the way he acts.
He richer and has more bigger dick than me.
Not fair!
He's just not a scam artist.
These are the people that called Bitcoin a scam
when Bitcoin was ten cents.
So you're only going to miss out.
You've conned people into taking a worthless currency,
that you create for nothing!
Because they don't like him.
They know that he's smarter than they are.
He looks like a carny, man, with the suits that guy--
--I mean, he plays the part.
What HEX is doing is creating more millionaires and perhaps
billionaires than anything ever before.
You know, there are a lot of haters.
Blocked by CoinDesk.
Blocked by Cointelegraph, blocked by everybody.
You know, the performance will speak for itself.
I think it's going to free a lot of people,
free from the struggles
that we have.
I think we should just talk about what it really does,
and stop there.
DIRECTOR: Okay, and we are set for you, Richard.
DIRECTOR: Richard, how did you choose your outfit today?
I'm just trying to shock people, man.
First, it's hot, right?
So tank top. Nice.
Second, it's real colorful, you know.
So you stand out, you can see there's something going on
30 feet, 40 feet, 50 feet-
You wear something black,
can't people tell if something cool's going on.
DIRECTOR: And what are on those wrists of yours?
Oh these here?
This here is 3.1 million dollars in watches,
two most expensive Rolexes ever made.
DIRECTOR: Well, what are some of the other
things you can brag about?
Oh.
I got a big dick.
I mean, I got a lot of money.
What do you like?
I got a lot of cars.
Ferrari, Lamborghini, Bentley.
Lifted G-Wagon.
DIRECTOR: I heard something about a- the diamond?
Oh, I got the world's biggest diamond. I always forget that.
That's funny. [LAUGHTER]
I own the world's biggest diamond.
You don't. I do. Cool, huh?
I got a 145 IQ.
DIRECTOR: Let's bring people into this a little bit more-
Okay.
DIRECTOR: Where are we doing the interview
right now, Richard?
Oh, I don't tell people where I'm at man.
When people know where you live on the Internet,
they send a SWAT team to fuck with you.
DIRECTOR: And in agreeing to make this movie,
what do you want people to know about you?
I don't really give a shit if people know about me,
I'm just a tool for the message.
Like I want to make the world a better place.
I want people to be happier, healthier,
stop gambling, stop trading, stop drinking,
invest in their future, delay gratification.
Make a lot of money.
I want to make people millionaires. I have-
I've made thousands of millionaires.
I just want to do more of that.
And it wasn't happening at the speed that I wanted it to.
So, we want to 10x, 100x the size of the community,
you gotta scream real loud to punch through the noise.
So this here is me screaming.
[MUSIC BUILDS TO CRESCENDO]
[MUSIC FADES]
ROY: Hey, big guy. What's happening?
PHONE: Hey, what're you doing Roy?
One of the cryptos that I f- that I really got in deep with
umm, has taken off and done 10,000 times returns,
uh, and just made me,
I guess you can say, permanently wealthy.
Fortunately and unfortunately, uh, I have to move on.
PHONE: That's crazy.
That is a... that is... wow.
Basically, buddy, I'm the richest man you've ever known.
[LAUGHTER]
Well-
[TATTOO MACHINE BUZZ]
ROY: You know, I dream of crypto changing the world.
Fixing the money. And, saving
a lot of different people from being wrecked.
I'm uneducated.
I- I finished high school, barely.
I had just kind of awoken from my drug induced,
drunken stupor from the recovery home I was in
and I went looking for a job.
There was a building that said 'Help Wanted'.
That company happened to be a rigging company.
That's where I started my millwright career.
Sweeping floors...
moved into the yard and then into the trucks.
So what that's done to me is,
over the last uh- uh 30 years,
I've got eight herniated discs in my neck and back.
A lot of us are panicking.
A lot of the guys that I worked out their hard with
are sitting in a place,
and they're uneasy,
and they don't know what they're going to do.
And their 401K's look like 104K's
and they don't have a pot to piss in.
That's what bothers me.
And that's the one thing that I dream about is fixing that.
Okay. WOMAN: Okay let'’s see
Let's see what we got here.
Like Christmas, huh? WOMAN: Yeah!
Tricorne Hat.
Whatever the governments have been doing
with the currency systems and the money systems,
over the last 20, 50 years-
It's not worked out.
Your money has never been worth less than it is today.
You've never been able to get less with your dollar
than you can now.
You're at all time lows purchasing power.
Why? Because they keep printing it like it's a joke and
and they'll never stop.
And so you have to opt out of that system.
Maybe into something that I designed that's amazing.
but there's other things that are okay too,
and they're all better than losing all
your money to inflation.
ROY: That's where we're at.
What's going to fix that?
People should be learning about what cryptocurrencies
can do for money.
'Cause if you fix the money, you fix the world.
So today I look at crypto as being
the modern day equivalent to the pirating.
Because we're about to start taking it back from the banks.
Ahoy crypto pirates!
Chattin with the Captain on your Discord Syndicate.
I am The Captain, RG3,
here to bring you a new show, a new look.
The pirate has arrived, guys! Look at this. Look at this.
Woo!
What's going on here is that cryptocurrency
was invented 12 years ago and it's finally come to fruition.
Crypto was supposed to be created and dropped
on the community, on the global community.
And the global community was supposed to get behind it,
rally behind it, build on it and take it to the world.
It's about the community.
And that's who I wanted to be.
I wanted to be the guy that brought the community to what
to what I saw as the greatest cryptocurrency
that's ever been created.
And that's HEX.
The blood of Furus is upon my chest.
Because tonight I'm going to chum the waters for you guys.
I've got wallets here that I can show you guys.
This one here, I have 87 of them coming up.
This one is for 319,000.
Dollars. Fucking dollars.
Not HEX. Dollars! 319,000 for one month.
Month after that, $34,000.
And it goes on and on and on...
Because I invested and I put it away and did a time lock on it.
That's the kind of returns that I'm getting.
I got a buddy, a real good buddy.
Hey, it's Mikey.
How are ya?
And it's probably, you know, a general saying out there, like,
you call up your buddy and you just say,
give me your credit card
I'm gonna make you rich.
A lot of times we jump in,
him and I together, just because of the trust,
not fully knowing what it is.
We had network marketing businesses together,
real estate deals, stuff like that.
We actually did one at the beginning
back in like '07 where we met.
It went really well
and it went a long time getting paid every Friday.
Not even Catholic, but every Friday was Good Friday.
You know, getting paid.
And that's the kind of relationship that we had me-
me and my- my boy, Mikey.
My routine's simple.
I get up, make breakfast.
RAMEY: Everyone just lines up and like, we just get it done.
She keeps it going, man.
RAMEY: Like a conveyor belt I guess.
We just move on down.
MIKEY: No big deal, right?
RAMEY: Constantly shuttling kids somewhere,
feeding somebody. When they're at school,
it kind of is like, oh, I'm so bored, what should I do?
MIKEY: She is the uh captain of the ship.
We're just all, you know, passengers.
okay
But then HEX came.
And of course, my first thought was,
I got to get this to my buddies.
It was, "Hey, I've got something. It's a winner."
"Let's go."
I'm pretty sure I laughed, like,
because I'd heard my kids even talk about Bitcoin.
Do you know how your air conditioner works?
Like it gives you cold air.
Like, we don't necessarily know how something works.
I don't know how it all works either,
but I know that it will work.
People are buying computer money
with their real money and thinking
that they're going to get rich someday.
What a joke.
I mean, I trust him.
Like I trust my- He's my brother.
If he calls, you can talk to him about life, his wife
his kids, whatever.
I don't care.
But we're not doing this. Like we're not getting into this.
I want my kids to be able to do whatever they want in life.
And so many people get caught up in the rat race.
I want to do whatever I can to preemptively
steer them away from that.
SON: I didn'’t even need to hear your advice.
We sold our house in another state, moved down here.
And when we sold that, we had these funds
and we could either let it sit in the bank account
or my thought is like,
hey, let's go. Put it in this and... and, uh
and watch it grow.
MIKEY: I'm doing this.
ROY: Are you gonna do this or what?
I'm doing this thing, man.
We're doing it.
Alright here we go, you ready?
Let's go.
Confirmed.
We got the HEX.
Let's go.
DIRECTOR: Ohhhh. ROY: Wee ooh hoo!
Time to go tell the wife.
[LAUGHTER]
Let her know the deed is done.
It's irresponsible to not talk to her,
but at the same time,
it'd be irresponsible to not...
go forward.
I feel like I'm filing for divorce right here. Ah.
Naw, here's, I mean here's the deal.
You obviously know that-
RG's been calling, trying to get us to do stuff.
MIKEY: You believe they're Internet quarters and-
RAMEY: Yeah I-
I mean, I think we should. I- I did.
I mean, I- I bought some this morning.
Like, a little bit.
MIKEY: Yeah. RAMEY: Not a lot.
MIKEY: Just a little bit...
Like how much?
Like- Uh...
I put it all in.
I put- I mean, I went-
Like, all what?
All of our house money. Most of it.
I mean, I did like, 100,000.
RAMEY: An amass amount of money is just gone
and there's nothing to show for it.
Like there's nothing to say.
I had this amount of money and now I own this.
or I bought this with it.
It was... I was sick, pretty sick.
I can't go to Walmart and buy like
groceries with my internet coins.
If it sits in the bank, it's not going to do anything.
It's not gonna-
It's not going anywhere if it's in the bank!
Instead of thinking- it can all disappear.
What if it all doubled?
What if you doubled your money?
I'm not saying we go become-
We're a family of seven.
"What if" is a pretty big gamble.
Like he might as well have just written a check
and handed it to a stranger in the street is where I feel like.
MIKEY: And I just see, like this vehicle,
is just- it's been taking off
and I just don't want to get left behind on it
because I've already feel like
I've missed the boat a little bit on it.
To have so much financial independence that
like we li- we wake up when we want, we go to sleep when we
want, we do what we want.
You know, we don't answer to anybody except for ourselves.
I feel like it's a scam. Like-
Why is it fake?
Like it's real.
You can see your numbers.
You can see how much we own.
But in an instant, someone could just
delete the website and you're done.
[NERVOUS LAUGHTER]
Like it's just gone.
MIKEY: Who wants plain and who wants butter?
RAMEY: I don't think he did it to hurt us
or because he's like lost his mind for a minute.
I definitely think he believes in what he did.
I just don't.
No, it's not about Lamborghinis, mansions and babes and fur coats
and $5,000 tennis shoes
It's not about any of those things.
HEX is the first real cryptocurrency that actually
does something. Generates yield.
Fix crypto.
Fix the money.
Fix the world.
This is a letter from the Gemini Exchange.
If you would like to continue transacting with HEX,
we kindly ask that you withdraw your funds from Gemini.
We also recommend filing a complaint
with the FBI's Internet Crime Center.
Blah, blah, blah.
Here's the link.
You guys suck.
Everybody take your fucking money out of Gemini
And don't use those sons of bitches anymore.
Because you know what?
They just blew it. They blew it.
I want people to see this.
I want people to understand what's going on here.
Everybody's on these apps now, buying crypto,
buying stocks, doing all this and getting involved in it.
And it's all a sham.
2.168 trillion dollars
And now the mark- oh!
Ohhhh it went to zero!
Yooooooo!
Uh, damnnnn!
There we go.
Squid games!
Sayonara motherfucker!
Investors crying "Scam" over a cryptocurrency
inspired by the hit Netflix show, Squid Game.
The creators of that crypto pulling the plug
and vanishing without a trace.
You're saying that management
was manipulating the price of the Celsius token.
They were absolutely trading the token to manipulate the price.
Celsius filing for bankruptcy definitely wasn't
a surprise. I mean, once a platform suspends
withdrawals for customers,
freezing all of its users crypto cash...
I mean in one week Luna has gone
from $80 a token to less than one.
No, I don't think that it's a scam.
No, I don't think that it could be a scam.
It's not a possibility of it. Why?
Because I trust Richard Heart.
I trust him.
And every single day I get calls from people
that want to know about doggy coins and Shiba Inu,
and all this other bullshit that's out there.
Every fucking day!
And then they're calling Richard a scam.
I do more to protect people from getting ripped off
than anyone else I know.
I've got a Twitter thread of hundreds of things that have
failed in cryptocurrency,
that have lost billions of dollars,
and none of my products are ever on it
because they work perfectly.
If you use cryptocurrency the right way,
you have less risk, less middlemen, more efficiency.
But if you use it the wrong way, you'll lose all your money.
If you give your coins to some other guy
that says he's going to give you a little bit more back,
he might not. Might just run off with the coins.
We see this over and over and over and over and over again.
And so if you've been listening to me
for that long, you may have done really, really well.
'Cause you didn't lose all your money in Celsius when they
went bankrupt and I told
you to take your money out years earlier.
And you didn't get bankrupted when Three Arrows Capital went
bankrupt and you didn't get uh--
bankrupted when Cred went bankrupt.
And you didn't lose all your money to all these
scams that said they were going to give you more.
You didn't pick up pennies in front of freight trains.
[WOOSH]
KELLY: Good morning, everyone.
Are you ready to look for some fraud this morning?
I'm nosy, so I'm intrigued by other people's business.
I have been studying fraud for years,
and I am fascinated by the subject. I think-
So I am a certified fraud examiner.
Fraudsters can be anybody.
Anybody.
Typically, I think they're very smart.
I mean, they are-
They see a hole and see an
opportunity that a lot of us don't see.
You're not going to meet another person
like me as long as you live,
and you're not going to meet another product
like this as long as you live.
Yes, every scammer in the world is going to tell you
something similar, but in this case
you are actually going to have regret.
And the next time I see you in six months,
you're going to be like, "Why didn't you tell me harder?"
They literally tell you,
"Why didn't you tell me to buy harder?".
KELLY: Lamont is a colleague of mine at DePaul University.
He teaches finance.
So I'm an accounting professor.
He's a finance professor.
So with crypto, you got to do your own research.
And so I'm going to study HEX.
I'm going to read the white paper,
I'm going to try and understand how does the smart
contract work, how does staking work.
And so together I think we make the perfect team.
Who wants to lose money? Like no one.
No one, no one ever said, "Yep, I'm signing up for that."
So if you can ask good questions,
it'll help us build a better system, maybe a better coin.
Asking questions makes people more accountable.
When you don't have any accountability,
that's when you have a problem.
So most people today think of crypto as an investment.
They're just buying Bitcoin or other stuff on their
phones because they want to get rich.
But the origins of crypto are as money.
There's a reason why we call it crypto-currency.
So if you want to understand crypto,
you have to go back and understand crypto as money.
LAMONT: Good morning, class.
Welcome back.
Today, we're going to talk about money.
Money is changing.
To be honest, no one's quite sure anymore
what money really is.
RICHARD: Everyone spends all their time working for money.
But money on its own isn't useful.
You can't eat it.
You can't build a house out of it.
Its only utility really is exchanging it for the things
that truly have value, which are goods and services.
Everything else is just accounting.
So if you go back to like the beginning of civilization,
there was no money.
People who wanted to buy and sell things had to use barter.
Money doesn't really have intrinsic value.
Gold isn't particularly strong,
it's not very good at conducting electricity,
but it's scarce and it's beautiful.
And so we've given it value as a society.
Money is not what a lot of people think it is.
A lot of people, when they think about money,
they think of, oh, this thing that has value.
Pieces of paper like a $20 bill that doesn't have any value.
We used to be on the gold standard.
So a US Dollar was redeemable for an ounce of gold.
That changed long ago.
Its only value is by decree.
Someone said it has value.
Our made up imaginary internet money is better
than the government's made up imaginary internet money.
Both of them are only backed by the the shared
fiction of the humans believing that they have value.
LAMONT: So in 2008, I think the history of money
changed forever.
That was when the Bitcoin white paper
was published on the Internet.
It is the peer to peer electronic cash.
It is money without governments and it is money without banks.
It seems crazy to think that our economy is moving online,
but our money would not be.
This is the paradigm shift of our generation.
So to say that there's this under economy
that people are making real millions, billions in,
and buying real assets, just feels very-
I feel exposed. Like what is going on?
How did I miss all this was happening
and how can I learn about it?
KELLY: Pretend as though I'm one of your students.
LAMONT: Okay.
KELLY: First day of class, I don't know what crypto is...
What do you tell me?
It's money that you can literally create.
Now, what some people don't understand
is that the Fed also has this power.
The Fed literally prints dollars.
Sure.
So central banks have this power.
But in the world of crypto, anyone has this power.
So O.K. money with no physical presence.
LAMONT: Yes.
KELLY: Second red flag.
All cryptocurrency is, is an Excel spreadsheet on the
internet where you need your password to spend your money.
LAMONT: What if I told you Bitcoin is code?
Do you trust people or do you trust code?
I don't know.
I'm going to say it's compelling.
That's what you keep saying.
Yes, people, the right people who are honest
and true and do a good job.
I'm going to put my money with them.
But people are fallible.
People can be corrupted.
People can make bad decisions.
The most well-known person, actually, now probably in
crypto, is one of the founders of Ethereum.
His name is Vitalik Buterin.
Okay.
All right.
So Vitalik and some of his friends, they create this new
blockchain called Ethereum, which is different than Bitcoin.
But then you might ask the question, well, why do we need
two different cryptocurrencies?
So the real innovation of Ethereum was something called
the smart contract.
You can't do anything with Bitcoin.
It's designed just to transfer funds.
Ethereum is more of a platform that you can build things on.
A smart contract is more of a tool or a set of
code that you can can build on the Ethereum blockchain,
and now people can interact with that contract.
Do I need to know all of this if I want to...?
You're going to have to know what a smart contract is.
So HEX, they like to say it's the first Certificate of Deposit
built on a blockchain.
That seems like a big deal, right?
That- that's right!
So you go to the website you read, then you're like, again,
that sounds compelling.
HEX, what makes it totally different from something like
Bitcoin is you can put your funds, your HEX
into a smart contract,
But they are promising like 40% annual percentage return.
40% APY.
I don't know about your CD's at your banks-
Come on.
I mean, we're lucky to make 1%.
You know, I think about the Hexicans
and how they have all joined this community.
I think if you start to peel the layers back,
a lot of them may have some type of vulnerability,
some type of insecurity,
that their founder, their Richard Heart founder,
speaks to and makes them feel very good about.
And so when you can identify that with people,
they tend to follow you.
And then you can get- Then you can get them
to do whatever you want.
Oh, the rollies, my God...
If he's really concerned about making the world a better place,
then why don't you put some of your money there.
I mean, Rolexes and Ferraris and, you know-
Okay... but what are you about?
What are you about without those assets?
RICHARD: Born broke.
My dad- He fixed air conditioners
and delivered newspapers.
And then when I was young, I was with him in diapers,
delivering newspapers with him.
And I was so small that they could just put me on the
dashboard of the van that they would deliver the papers from.
I had the best parents ever.
My mom and my dad were amazing.
They supported me 100%, every single way
you could support somebody.
They worked hard to get me into smart people schools.
They worked hard to support me in every single thing I did.
As I got older we did more air conditioning stuff.
And in Florida, that's a really hard job because it's very hot.
And when they call you, you're going someplace
where the A.C. is broken,
and you're climbing up into the attic
where it's full of fiberglass.
There's nails sticking through the roof.
If you sit up too high, you get a nail in the back.
So it's a really rough job.
I have some of those same traits
that my dad has in that I'm super social,
I love talking to people.
The one thing that I got that my dad, I guess didn't get so much,
was this ability to to restrict that desire
and attach it to value.
So now when I go out, I'm saying like, where's the synergy?
How can- what are the right people to be talking about?
Where's the right place to be talking about?
What's the right thing to be focusing on?
And it's weird because now I'm almost absent minded
because I'm so far focused on the future
that I let balls drop around me.
Like, people are like, "Oh, you
don't know to get there?" I'm like, "Nope."
And I never will because I don't need to know that once.
I need to hire developers
because that pays for the rest of time.
Like the things that we build will continue to work while
we're asleep, that will continue to affect this world for decades
in the future.
And the more I focus on that, I'm okay with
not getting the directions right.
You know, in this world of very, very complex ideas,
you need to drill down as far down one of these paths as you
can and become excellent at it, because then you get
outstanding rewards.
Bitcoin was invented in 2009.
So I was already a rich, retired millionaire in 2003, traveling
the world.
And then I basically got addicted to video games
and spent all day from when I woke up to when I went to sleep
playing video games,
and reading websites.
And so then I had a really strong video card
to play video games.
Back then, Bitcoin, you could mine it for
free on your computer.
You just double click an .EXE and it pops up
and it starts mining,
and then if you have a video card and you know how to set it
up, it would like mine super strong.
It would be the equivalent of like 50 computers
or 100 computers.
So I was mining Bitcoin back in March of 2011 at $0.50 a coin,
but I was getting 50 Bitcoin at a time. So, I'’m bragging about
having $25 then, but 50 Bitcoin now is...$1.5 million?
So then I discovered there's a lot of things wrong with it
and I can fix those things and make them better.
And so I did.
HEX wasn't the original plan.
So many things are just discovered emergently,
so many things.
So HEX was originally going to be a way that people could
transmit Bitcoin value on the Ethereum network.
And then we were like, all right, well we also would like
it to perform well price-wise, so what can we do?
And we introduced these features, and then we want
people to tell their friends about it.
So we introduced these features.
We just kept adding things until one day what we discovered was,
"Oh wow, look what we did."
Like, it was-
I didn't start out with blockchain time deposit.
That's not where we started.
I ended up there.
I mean, the price is up four or 5,000 fold in 600 days.
And then if you had staked, you would have been up, you know,
6,000x, 8,000x, 9000x.
These numbers are nearly impossible to believe.
And the only way you can get people to believe they're real
is to tell them Bitcoin's up 6.5 million x.
So I know that four and 5,000x sounds like a lot to you,
but in fact, in cryptocurrency it isn't
And the ability for the price to appreciate is, is so high that
you almost can't fathom it.
I mean, it's like it's, it's- it's insane.
[UPBEAT CLUB MUSIC]
KELLY: What a day or two I have had.
So, you know, I'm at the HEX conference.
And I get here the first day,
I was expecting it to be much more lavish given you keep
hearing like people are making all this money.
So I thought it was going to be like an aspirational kind of
feeling kind of conference, right?
It's real low key.
So I would say that might be a yellow flag.
Maybe, maybe not a red flag, but a yellow flag.
KARIM: Today I want to bring it all back together of the wisdom
of why we do what we do.
Some people will know my story, right?
I'm from Central African Republic.
Grew up poor, right?
I've seen the real danger of what war is about
because ultimately the little guy gets crushed.
The most important thing I want to give you guys again, is
get- to try to onboard as many people as you can.
Find it in your heart, reach out to people, even those that
don't- go again and again and again and again.
'Cause it's worth it.
One time I remember I was like 14, 15 years old.
We literally- it went all over the news.
We literally woke up and then the currency got
devalued 50% overnight.
When a currency gets devalued by half,
it's like all of a sudden we have to work
twice as hard just to get the same money
we just got back literally just the day before.
And there's nothing you can do about it.
Literally, it just- deal with it type of situation.
KELLY: You were talking about your Dream Account.
KARIM: Yes, ma'am.
What in the world is that?
I can show it to you.
If you want to see.
KELLY: Yeah? You'’ll show me? KARIM: Yeah.
Yes, ma'am. So-
this is one of my account here, right? It says $10 million.
KELLY: Karim-
KARIM: Now- KELLY: Karim.
KARIM: Yes?
KELLY: This account...
KARIM: Yeah. KELLY: Is $10 million?
KARIM: Yes. KELLY: 10 million
KELLY: crypto dollars?
KARIM: 10 mill- It's- the value is in USD.
Just doesn't sound believable.
Nothing was ever done in the history of the world by any
human being that didn't require some level of
delayed gratification.
Then I spent the day talking to Hexicans,
and it is clear that they love Richard.
[CHANTING] Richard! Richard! Richard!
So my interviews were with very successful Hexicans.
You know, they got in early...
and they'd gotten something huge out of it.
But when I go to the conference and I see the people, I feel
like desperation has a look to it.
And so- and when you're looking for just anything,
you will fall for anything.
You know? And it's like the few that have been successful
don't match the audience that I'’m seeing and that concerns me.
LAMONT: Have you ever been to, like a
house flipping conference?
They always put the like kind of the people who made a ton of
money upfront and be like, "You can be like this person!"”
And then everyone's just like, "Oh yeah, I could do that."
"I want that." Sounds a lot like that.
KARIM: Remember earlier when we were talking?
Right?
Let me hit refresh.
[DRAMATIC MUSIC]
In the past hour, I made $1,000,000-
Well, my account value went up
$1,000,000 because we went up 20%.
And this is the power of delayed
gratification because I'm getting more coins.
And as HEX goes up in value, all the previous payments
are now worth more.
I didn't trade. I spent quality time with you, educating you
about why I believe HEX will change your life.
I'm like the hamster.
I feel like I'm a hamster in
this wheel of just running, running, running,
and not really getting where
some of the people that I've talked to have gotten.
Just to hear people say, I'm looking at a $10 million house
or bought a $80,000 car.
You're like, "No, not really."
But yeah, they really, really did.
KELLY: So we can't do anything with it.
KARIM: Yes. KELLY: We can't go out to eat.
KELLY: We can't go on a trip.
KELLY: We can't pay a bill.
Pay a light bill, pay a grocery bill.
We can't do anything with it.
Your bills is your bills.
You don't take the rent money to go and invest.
KELLY: But people are doing that though right?
Exactly but they shouldn't do that.
Okay. All right-
And we don't teach that. Those are investments.
They stay where they belong.
KELLY: You've been studying the activities of the HEX
on the blockchain, right?
Why wouldn't you invest in it?
LAMONT: All right.
So I've told you from day one.
The main thing I don't like about it is it does nothing.
KELLY: Well, take that back, yes, it does do something.
It makes people money.
I don't think that HEX is a Ponzi scheme,
but Ponzi schemes also make people money until they don'’t.
I just don't see the value.
Like I am a finance professional.
What I look for is value,
what is the value-
Doesn't money bring you value?
KELLY: You mean to tell me that-
If you said- If I asked you,
"Lamont, can I borrow $150?"
And you said, "Sure Kelly, I'll give you $150."
And I bought HEX with it and then told you in two years,
you know that $150 loan, I turned it into...
$40,000 and I'’m giving it to you.
Would you say to me, "Kelly, on principle, I'm a finance
professional. I'm not going to take the money."”
Is that what you would say to me?
LAMONT: I'm not sure I would turn that down.
KELLY: Okay.
LAMONT: So it's not so much ethics...
It's more so that... like,
it's also why I don't play much poker.
LAMONT: Like, to me- KELLY: Isn't crypto poker
KELLY: though? LAMONT: No!
LAMONT: Winning money playing a game,
some people enjoy that.
I view HEX as a game.
People can make money playing games.
They do that all the time.
Sports betting... you're making money off of
other people playing games.
I'm not against all that stuff.
It's just I'm not into it. Like that's-
I want my money to do stuff, not just to like-
KELLY: But that $40,000 I'm going to give you,
you can go do something with that.
That's where I'm saying like...
yeah, I'd have to think about it.
I might not turn that down, but if I had money and I had a
choice, do I want to put it in something I think is interesting
and valuable versus something that might make me money,
but it just I don't get it-
Like, I just- I still don't-
KELLY: Lamont... Lamont...
Come on.
[CROWD CHEERING]
BIG K: Richard is a, you know, a colorful personality,
you know, to say the least.
This guy, something rubs me the wrong way,
and thought he was pretty arrogant and pretty- pretty
egotistical and pretty brash and
a little more flamboyant than I could handle.
And it was mostly because of the things he said
about the projects that I liked.
You don't run a node.
You are the bitch of the actual pool
that runs a node and they decide what the consensus rules are.
I was like yelling at the top of my, like standing in my chair,
"Fuck this guy!"
Yeah, "This guy is fucking- What?
Who does this guy think he is?!"
I was upset, you know, and so I straight up blocked him.
My first hearing of Bitcoin, I was on a forum.
They said if you turn on your graphics card
while you're not playing games,
you make about three or four bucks a day.
Just out of nowhere.
I've got, you know, in ten days I got 30 bucks
in my wallet or whatever of these coins.
And I'm like, "What is going on here?"
You know, this is crazy.
I was immediately hooked.
Being able to build supercomputers with multiple
graphics cards, that kind of thing interested me.
So next thing I know, I've got three graphics cards
and two different computers running in my room.
There's something here, you know, we've got something here!
This could be something that if I made this into a business,
I could do something that I love,
building computers and running software.
That's the dream, you know?
So I wrote up a business plan.
I was driven, so I didn't stop there.
I found two friends of mine and I was like,
"Let's build a business together."
He was like, "Let's work out a deal." And he very blasé in his
way, was like, "Is half a million enough?"”
And I was like,
Indeed it is, Sir. Indeed it is.
But he lived up in Chicago.
It is cold there and that's great for mining.
And my grandma lives up there, too.
So I went to my grandma and I said, "Hey, can I use your
basement to start running some mining hardware?"”
When you first asked me about using the basement for some of
your machines, I thought, "He knows what he'’s doing."”
[LAUGHTER]
And then you said, "I'm going to pay you to use the shelves."
And I said, "What?"
This is unbelievable.
And like in my business plan, I was expecting to be able to
break even or at least pay off the note within about two years.
LAMONT: Crypto is not a one way train up.
You know, there's a lot of people who make a lot of money,
and usually those are the people on social media
who are waving their hands and they want to tell everyone.
But there's a lot of stories of loss too.
BIG K: Slightly after that, like right around that time,
the markets were like crashing everywhere.
Mining was no longer economically viable.
The price did not support running the equipment.
You were paying much more in electricity
than you were making monthly in coins.
I realized that, uh, I had to have a conversation with my wife
and my business partner.
I went and saw my friend who had given me the line of credit.
And I told him, bro, I don't know if-
I don't know if this is going to work.
I had probably lost, you know, close to 75%.
He was like, "I didn't invest in cryptocurrency,
I invested in you."
"I invested in you, and I want you to put your nose to the
grindstone and keep working at this."”
"I think you will figure it out."
It, you know, re-energized me enough to where I realized
I needed to step outside of my echo chamber.
So I started to unblock several people
that I hadn't liked on Twitter.
And one clip after another...
It was like a painful recognition
that I was very wrong and this guy was very right.
RICHARD: So you want to get rich.
I'm going to tell you a little something about money.
In this world, you don't see the richest people doing things with
their time and getting paid hourly.
I think Hexicans don't love me for my million dollar Rolex
or roughly million dollars of Bulgari high-fashion jewelry.
I think they love me because I
predict the future like a prophet.
I basically have predicted so many things
in cryptocurrency and in markets.
I called it when Bitcoin went from $20,000 to $3,000.
I called when Bitcoin went down from $65,000 to $17,000.
Most of the reason that I've been interviewed on Fox News and
RT television and other news programs is not because of the
products I'’ve created,
but because of the price predictions that I've made that have become true.
I called the top on the day.
Everyone else told you Bitcoin was going to 100,000.
I told you it was going down to 10,000.
BIG K: There are more complex projects.
Lots more complex projects. HEX is 3,000 some odd lines of code.
It's really not that complex of even a coding piece.
But, the- the relationships that are in it
and the way that the system is self-balancing is
dramatically different than anything else that had
existed before it.
It monetizes the time value of money.
I mean, it finds a way to take the one thing that works in
personal development, in financial investments.
in most other things in life, and monetizes it.
And that's delayed gratification.
I mean, it is- it is delayed gratification
in a smart contract.
No one has ever locked up their money for as long.
If you buy a bond or a T-bill or a house, you can sell it.
But if you lock up your HEX for 15 years, you cannot sell it.
Do what you said you were gonna do.
You said you were gonna do it for this long, you
better do it that long or you're going to pay penalties to the
others that did.
The price chart of a- of a T-Share,
which means a trillion shares.
So it's basically shares of HEX.
They get all of the inflation, they get all of the interest.
So the price of a T-Share only goes up and can only go up
forever, can never go down.
Now the US Dollar price goes up and down based on the value of
HEX, but the price of a T-Share in HEX terms
only goes up forever.
Now why is that?
Because that's how we simulate compounding interest.
Compounding interest means that
the person that got in longer gets more.
And the person that gets in later gets less.
Because this guy's thing has been growing the whole time.
And so we can either keep writing to the database, paying
rewards to the thousands of people that have stakes
and murdering the database,
or we could perform the same math inverted and raise the
share price for the new guy so the new guys get less.
and so the old guys stay static in the number of shares they
have and the new guys get less shares,
and so we have a share price chart that only goes up forever
and that is awesome for on-ramping new users.
BIG K: I have a good friend who paid a lot of attention to me
early on and put in 3500 bucks.
And he's sitting on 4 million right now.
I mean, I've personally been able to help at least more than
ten people achieve their own financial freedom.
RICHARD: Let's get some meet-up action goin' here.
Hey, everyone.
Let's have a Hexican meet up in Copenhagen.
Wednesday at 6:30pm works great.
I'll let you know the location on the day.
Please respond here if you are coming.
So you got people saying, "One of my favorite cities!".
"Woooo!".
"We will be there."
"5 to 7 people." Says this guy.
"I love you."
"Meet-up means pump." lol.
It's pretty good.
Every Hexican I've met's been awesome.
We've done a lot of meet-ups. We did a meet-up in Warsaw.
We did a meet-up in Prague.
Paris, Zurich.
[unintelligble]
Yeah, it should be because it's not live yet-
I put out these requests, like,
"Hey, you guys want to come meet up?"
You don't know how many people are going to show up.
We got one of their rooms in the hotel,
and then 150 people showed up.
So we filled up the first room,
and then we filled up the next room.
And then there were no rooms left because of fire laws.
And then there was people just out in the streets.
Human luggage gives speech.
When we went outside to do the photo,
they're really like, "Richard! Richard! Richard!"
And I'm like, eh that's cool, you know.
How's it going out there, everybody?
Welcome.
Welcome, everybody.
So who here is a Hexican?
Any Hexicans here?
Who here is from really far away?
Do we have anyone that came from, like,
a really long distance?
HEXICAN: Los Angeles! RICHARD: Wow.
That's going to be a winner right there.
That's a long swim.
LAMONT: I think Richard is a bit of a narcissist.
You know people like him,
they- they like to hear themselves talk,
they're very infatuated with their own persona.
It's so nice to see all you guys.
We got two live streams now.
We're streaming on my channel.
You guys got any questions out there?
I use the Internet every day,
why haven't I heard about HEX before today?
All right. [LAUGHTER]
Well, that's a great question.
That is a great question.
I spend most of my waking time shilling on Twitter as hard as
I can, so it's definitely not my fault.
A tangential answer which might help you...
There are people that as a mission try to starve people
of the information that HEX exists.
They consider HEX a threat to their livelihood.
YouTube influencers will never say anything nice about HEX
because they can't make money on it, becuase there is no margin
trading for it.
The only threads that you're allowed to hear about in Reddit
are ones that are counter HEX or counter me
hateful threads only.
You're not allowed to say anything positive about HEX
at all, or you will literally just have your comments deleted
and you will be banned.
Which is crazy to me, because we won!
Hello, Richard. My name is Steffen.
Hey, Steffen.
I work for the Ministry of Finance and Economic Agency.
Oh, my God.
Don't worry.
Don't worry. I'm-
He's here to take it all from us!
I'm here in a private matter, unfortunately I guess.
There is technological progress happening here.
All the currencies in the world are digital.
Our currency just has a better known future issuance rate.
Go ahead.
My question is very short.
So are you, sir, so are you.
If I have 10,000 HEX-
RICHARD: Okay.
How long time it take me to be rich?
There is this kind of sense of like, I have to be a cult leader
in order to build a cult following
But for serious people who actually look at this as an
investment and they're standing back and trying to evaluate it,
like that is sending all the wrong signals.
RICHARD: To tell you the truth, If you go out- you should come
with me sometime to the bar.
I like going to bars. I like meeting people.
I say, "Hey, how's it going?".
You know, "Where are you from?". All that. You start- you bust
out the "I'm rich." They don't like it.
I swear to God, they don't like it.
You got to find artful, humblebrag ways to be like,
oh you know...
I was at the car dealer yesterday.
Please ask me which dealer, please.
Come on.
Come onnnn.
Do it! [LAUGHTER]
How high do you think HEX will ever come?
I look at the chart and I see that
it just goes up to the right.
But it's not curving down.
It's going up and to the right and then curving up as well.
We are in the highest appreciating asset class in the
world and we are in the best version of all these assets,
like so, I- I believe that it could do numbers that feel weird
saying them.
LAMONT: So cults are just messed up and they are never a
good idea.
Now the problem is you mix a cult and money, finance and
investing, and I think things get even worse because you'’re
basically convincing people to put their trust in you.
They start doing whatever you say and you say buy, buy, buy,
hold, hold, hold...
and pretty soon you've got a whole community
working together.
But as soon as someone steps back and says,
"Wait a second, what are we all doing here?"
"What is this thing that we're investing in?"
Then people are going to start peeling off and suddenly the
cult starts to get a little shaky.
The cult leader is going to yell louder and louder.
Try and amp them up more and more.
But all it takes is a few people waking up where other people are
going to start following them and suddenly the cult
breaks down.
and you know, those stories never end well.
[Hexican] Everything I have worked for all of my life is
staked in HEX.
Good.
RICHARD: Who wants to be in a picture?
You guys-
Let's do a group one first.
Can we get the girls in the middle maybe?
I just appear like a narcissist.
The problem with being really smart and effective and
successful is that if you list the truth about yourself,
it sounds terrible.
Hi, I'm Richard Heart.
I have a 145 IQ, and I'm rumored to be a billionaire.
And I have $10 million of watches and $3 million of cars.
And you're just like... it sucks.
Like, nobody wants to hear all that.
LAMONT: You can't really get to know a new crypto without
understanding the founder.
I think this place is kick ass.
If it was darker here, my bags would look cooler.
You know, going to meet Richard in Spain,
that was just necessary to understand how all this works.
RICHARD: I'm not even sure this is a house, man.
This is too cool to just be called a house I think.
KELLY: It's great to meet you. RICHARD: Pleasure to meet you.
My name is Kelly Richmond Pope and Lamont and I, we actually
are colleagues at DePaul.
RICHARD: That'’s crazy.
So, you know, as a university professor, like, I believe in
this stuff- RICHARD: Nice.
LAMONT: And I think this is the future.
Okay.
I think part of what we're trying to figure out-
is how does HEX fit into-
into that ecosystem. RICHARD: Sure-
RICHARD: Oh, sure. Easy.
Here's the benefits.
Do you want to get rich?
You wake up in the morning, you go to your job, you get paid
because you like money. Right?
Most people have that relationship with money.
They sacrifice their time for money as normal. So if you
found a way to get more money without sacrificing
all your time, relationships, freedom,
it would be nice to do.
So the utility is just-
RICHARD: To get rich. KELLY: That's it.
That's your utility.
Now look, I could give you other utility, but let's be
serious, people don't care about that.
I believe in speculation.
The- the primary measurement by which
you know you're going to get rich or not.
is how many people know about it now and how many people will
know about it in the future.
And even if you're buying something that's garbage,
that metric of, oh, other people want this garbage too...
Because for price, the technology isn't what's moving
the numbers around.
If you- if you look at a price chart the only thing a price
chart actually cares about is people buying and holding.
and everything else is a story people tell you.
I think of Bitcoin and other crypto often as a digital
currency. HEX is a Certificate of Deposit.
So a traditional CD is a Certificate of Deposit.
It's just a way that people save money at a bank.
Now the real benefit of a CD is that the bank has the money and
that the bank can then use that money.
You're bringing in deposits and then you're using those to
make loans,
and so the utility is how that money is being used.
That's what I don't- that's what I don't-
Just listen.
That's what I don't get with HEX.
The money isn't being used. Like-
RICHARD: It is. LAMONT: What is the utility?
RICHARD: It's hidden, it's virtual lending.
So when you lock up your funds and deprive yourself of the
ability to utilize those funds,
where does that energy go?
The energy goes to the people that can dump the price that
have liquid HEX.
When you lock your coins you are virtually lending their value to
all the people that did not lock their coins,
and they can reap the rewards of that benefit.
Prices only go up if demand goes up with it.
Now, granted, every investment is kind of like that, but the
question is where is that future demand going to come from?
It's not creating anything new,
there's no interesting ideas beyond just this staking
mechanism,
and so that future demand is only going to come from
marketing.
It's only going to work if it's a self-fulfilling prophecy.
That's right, yes.
And right now, HEX is working because there's enough
believers, enough Hexicans.
RICHARD: But- LAMONT: I'm going to lock. You
are going to lock. Alright? We are all going to be golden.
As soon as that kind of confidence-
Goes to zero, yeah.
LAMONT: -and community, it's going to go to zero!
That's right, zero. [LAUGHTER]
LAMONT: How many of the Hexicans realize that-
RICHARD: All of them. All of them!
If the music stops, they're sitting on nothing.
They all know that because I'm the only guy that tells you the
truth about crypto. It all drops 85% all the time.
LAMONT: HEX.
Everything! LAMONT: Including HEX?
HEX dropped 80% a couple of weeks ago and it dropped 86%
when it launched and it's dropped over 75% like six
or seven times in the two years that it existed.
Those are opportunities.
When someone buys a top and sells the bottom, they lock in
their loss.
And where do you think their money goes?
It goes to the people that bought the bottom and sold
the top.
Finance in general is a mechanism by which the impatient
give their money to the patient.
It's not all fun and games.
You're going to have volatility and sometimes it's going to be
real hard.
Hexicans that have made the most money have also sat through the
most dips.
The beautiful thing about staking is that you not only get
the price performance, but then it multiplies the
price perfomance.
Would you agree that to some people that sounds like a Ponzi
scheme? RICHARD: Yes.
That you're incentivizing people RICHARD: Sounds like it-
to pull money off the market.
If we can just get enough people RICHARD: That'’s right-
who do this, that'll pump the price.
RICHARD: You know what?
I think you just described a 401[k]. You just described
a 401[k]. KELLY: No...
Hold on a second.
The government has a preferential tax treatment for
people that delay gratification.
And instead of spending their money, invest it in stuff that
sucks! And has terrible gains!
There's a lot of scams.
I heard about Enron. I heard it was a scam- SEC approved scam.
KELLY: Well actually-
I heard about Bernie Madoff.
Bernie Madoff apparently was the Chairman of Nasdaq- a scam!
Uh-oh! Wait a second!
Apparently Legacy finance with garbage gains and garbage hours
and- is a scam. Uh-oh!
What if we take all of that scam crap and get rid of it,
and we put everything on chain and make it open and obvious and
100% uptime-
I just want this- RICHARD: Lot'’s of coins-
I want this to be easy!
I want this to be easy.
And you know, like, if I start a company and it goes public and
people invest,
they hold onto it, they make money.
Why is this so complicated?
You invest in a stock because it's a company that's making
money.
RICHARD: Like- like Amazon.
HEX doesn't make money.
That's where I'm so kind of frustrated!
It's like, what is the value?
So, you know, Tesla has done incredibly well,
Yeah...
but that doesn't mean I want to sell all my blue chips
and put all my money in Tesla.
Which is why your returns suck, man.
It's like gambling.
LAMONT: It's like- People like KELLY: It's a bad
LAMONT: you say KELLY: gamble though.
Yeah, go big or go home.
RICHARD: No, but-
RICHARD: Listen- LAMONT: You know, I-
I think you've been lucky.
Let me tell you how many times I've been lucky.
My first business was a car
stereo store out of my front yard.
Hired my friends, was fine.
My next business was search engine optimization.
Get people first on Google.
I can take a keyword you like,
get you ranked on Google number one.
I've been a serial entrepreneur killing it for decades.
I've had 150 employees, done 60 mill a year turnover, founded
multibillion dollar cryptocurrencies, raised
$27 million for charity.
You name it, I've done it.
And I just keep winning, winning, winning, over, over,
over and over again.
I'm a serial winner.
I'm a self- How many self-help authors
do you know that have cryptocurrencies?
RICHARD: It'’s just me. KELLY: I can tell that means
KELLY: I should trust- LAMONT: So you've written a
LAMONT: book. RICHARD: Yeah. Two. Yeah.
Published?
Well, no, that's the hard part, right?
KELLY: Like tell me- RICHARD: Sure.
Tell me why the flash?
RICHARD: It's just marketing. KELLY: I did a lot of research.
I looked a lot, looked at the streams like, why the flash?
With all this outrage kind of marketing stuff that I do,
my numbers and metrics are going up exponentially.
Literally exponentially.
But when I used to not do these things and be a little bit more
calmly spoken, I was never truly calmly spoken,
and I used to dress a little less crazy,
but it was still crazy.
You have to punch through the noise.
There's a million people with YouTube channels.
How am I going to get you to watch mine
instead of somebody else's?
See all they do- They stop at looking at Richard Heart
and his Gucci bags.
They stop at looking at pink mohawk,
they stop at looking at guys
that act like pirates, they stop at all that stuff.
And they don't realize what we've been talking about
and what we've been doing here!
All the information is there!
We've been telling you what this is!
It's better money. It's better than the dollar, it's better
than gold, it's better than Bitcoin.
But you know what? People won't dig into it enough
to understand what that is.
But if HEX-
LAMONT: But if HEX is so- RICHARD: Ringleader
LAMONT: great, why do you need KELLY: Why do you need to do
LAMONT: to do this? KELLY: that?
RICHARD: I don't have to.
Then why are you-
RICHARD: I could die and HEX would do amazingly well.
Then why are you dressing like this?
I'm in this for glory, man. That's all I care about.
KELLY: Money. RICHARD: I'’m not in this
LAMONT: For the- your RICHARD: for more money.
LAMONT: glory? Your glory. RICHARD: Glory. Yes, my glory.
I want to be better than every other cryptocurrency founder
that'’s ever existed, which I might currently be.
I want to have the best community.
I want to have the best website.
I want to have the best financial products.
I want to have the best chart.
I want all these things.
Why are all these things important to you?
RICHARD: I did everything else. I retired at the age of
25, lived in a hotel for five years
traveled the world, played video games, blew a decade of my life
Why is it important to you?
I want to feel loved. Don't you guys want to feel loved?
Everyone wants to feel loved, right? My community-
But- but does love depend on performance?
RICHARD: Yes. LAMONT: You have to do
RICHARD: Yeah. LAMONT: something great to be
RICHARD: Yup! LAMONT: loved?
KELLY: Richard... RICHARD: It's disproportionally
LAMONT: That'’s kinda sad! RICHARD: rewarding.
RICHARD: Who's the fastest man in the world?
Usain Bolt. Right? Who's the second
RICHARD: fastest man in the KELLY: He used
RICHARD: world? Who'’s the second KELLY: to be I don't know if he-
RICHARD: fastest man? Nobody knows. Why?
Because number one got all the love!
Some of your followers are taking money out of the stock
market, putting it all in HEX...
RICHARD: Yep.
I'm not sure they understand the risk that they're taking.
LAMONT: I could lose RICHARD: Yeah, sure,
LAMONT: all of my life savings. RICHARD: that's right, you could
RICHARD: go to zero. You could lose everything.
It's hard enough for me to trust like
a wealth management advisor.
Their whole job is to get to know me and understand me,
so then I will trust them with my money.
Like he exudes none of those characteristics.
RICHARD: I want this to be clear.
He tried to call me a scammer. Because he thinks -
KELLY: No, he didn't, no, no, LAMONT: I didn't, hold on...
KELLY: no, no, no! No... RICHARD: Just listen.
He said that I was misrepresenting
the risk profile and the volatility of HEX.
There's nobody more honest in cryptocurrency than me.
You're lucky it works at all.
So I should trust you?
Listen, I think you should trust me,
but if you get into the habit of trusting people like me,
you'll get the crap scammed out of you.
Everybody wants to be a part of something.
And I think when you become part of that, you believe in whatever
that mission is of that organization.
It's hard to make easy money.
I'm a start- hold on I'm a start a new list.
RICHARD: Yeah. KELLY: Tell me why I should
KELLY: trust you.
I don't want any stories, I don't want any tangents.
I just wanna list. OK so you have-
Not a single human being has ever said-
Hold on. You have past experience-
That I did them harm. Never. Nobody. Ever.
Okay, so you have past experience.
Why else should I trust you?
I have a clean background history.
KELLY: Like if I did a background check kind of thing?
Yeah, yeah, go do it.
RICHARD: Like, yeah. Like KELLY: Okay.
This feels- this feels like a dating
KELLY: It- yeah RICHARD: profile, I like animals
KELLY: it is, it sort of is. RICHARD: Here'’s the thing
Tell me why I should- Uh-uh
Why should I trust you? Why should I trust you?
I don't want you to get into the habit of trusting men.
Cryptocurrency was invented to get rid of
what you're asking me for.
You should not use as a proxy for your own due diligence,
someone else's confidence.
RICHARD: It's not good habit. KELLY: But you-
From the surface,
it does look like a bunch of bullshit.
This whole crypto space, HEX,
Richard, us... the whole community.
Sometimes we look like a bunch of damn fools. We do.
The one thing that I do know is that deep down, Richard...
Deep down myself, deep down this community...
we all believe in what we'’re doing
and we know what it means to the world.
And I know there's a lot of stuff on the surface
that doesn't look legit
or professional, or any of that.
But I think those are....
The things that have changed the world the most- is the misfits.
And um,
and that's who we are.
The leather roof is pretty, pretty nice.
How's it going, everybody?
Richard Heart here.
Brand new exciting news coming in.
We just hit 22.2 cents, which is a new all time high for HEX.com.
Dual clutch?
Dual clutch. Yeah.
Nice. So if I want to pay you in crypto for this,
what's the time delay?
You put in a dollar in January 5th of last year and staked it,
you could have 4,000, $6,000 now.
And this is real money.
We're seeing people selling a lot of their HEX gains,
a lot of their interest, to buy exciting stuff.
So we see people buying Lamborghinis, Ferraris,
McLarens, Maybachs, houses, paying off student loans.
HEX just made another new all time high today.
It might actually be the highest performing asset ever invented.
That was what I designed it to do, and it's doing it.
I'm very happy about it.
And I'm telling you that the vibe and the energy and the
excitement around HEX right now is even stronger, even greater
than it was when Bitcoin was in its beginning.
HEX logo with HEX.com at the bottom.
I'm here to shill my bags, you know.
I want to change the world,
and I can only do that if people participate.
MIKEY: Are you gonna try and do that?
DAUGHTER: No!
[LAUGHTER] He's good at it.
And then there's- he's so bad.
He's just kicking.
Get down, Archie! Archie get down!
RG3: What's up baby?
MIKEY: I mean, today's price is up finally. Holy-
[LAUGHTER]
RG3: She doesn't look at the internet does she?
MIKEY: Oh, yeah. I mean, she sees it every day.
She knows exactly where we're at.
She's got a big, big fat I told you so right now on her face.
Okay, go.
Oh, those hands are beautiful.
RG3: And I didn't even influence that!
MIKEY: Listen, the whole thing's an influence from you,
but I like the influence.
[LAUGHTER]
RG3: It's going to work, man.
Dude, I'm telling you, man, this is-
This is the one.
Just relax.
Ride the wave.
MIKEY: Three hundred and ten.
Six months.
Eight months- max.
You guys are going to be in a completely different place.
MIKEY: That's the words that I keep spittin'.
And I believe 'em. It's just getting her on board.
You know, I mean.
RG3: Forget it, dude, she ain't goin'
RG3: to get on board. They never do.
MIKEY: That's why I pulled the trigger.
You know what I mean? Like at the end-
RG3: My wife never got on board.
At the end of the day. It's my responsibility to, like,
get it done. You know what I mean?
And so-
RG3: Yeah, but look, it's like this.
Until there's a new car in the driveway, the bills are paid
and the house is out from under water...
They don't care what you say about your crypto thing.
And HEX is going to be the new cryptocurrency.
We'll take over the market.
There isn't anything else out there that's worth a shit
and we're going to change the world.
Love you, bro. RG3: Love you baby!
[KIDS TALKING]
To study HEX and really understand how it works,
but also how it trades in a market,
you know, talking to Clay would be super helpful.
CLAY: I think it's important for people to know
what's happening.
I think it's- it's important to have a view of what's occurring
in the space, and I think it's also important to document
the shenanigans and the outliers
Richard is an, an interesting guy.
The first time I saw him, he was wearing a top hat.
RICHARD: Let me tell you a little something about money.
Richard is top hat guy.
There's RG3, he's pirate guy.
There's a lot of affectations and theatrics,
and I think it makes the space interesting and fun.
You know, I kind of think of Richard Heart
as like the Donald Trump of crypto.
You can't look away.
RICHARD: I like to uh, be extreme,
so it's easy for me to get banned places.
CLAY: What HEX has is really cultural risk.
Richard has told the world to go
fuck themselves and his followers
are now telling the world to go fuck themselves.
And when you take that approach,
it's really hard to get mainstream adoption.
I mean, investors I talked to, they're like,
"Oh yeah, I heard about HEX,"
like, "we're not going to touch that."
And sometimes it's not the due diligence, it's not the research
it's just the optics and perception.
I think it's a clear example of like,
what got you here won't get you there.
So I think when they were kind of clawing themselves up
from the primordial soup,
when they were going from nothing
to create these insane gains,
that kind of culture absolutely brought them together,
led them to believe in what they're doing.
Got them to stake for really long periods.
And so they've been incredibly reinforced
for this type of behavior.
But now it's what's gatekeeping them. Right now,
it's what's keeping them from going to the very next level.
"Before uninstalling the nomics app, make sure that you leave
a scathing one star review for hypocritical sell out
recruits to- to gatekeeping misinformation...
They have shown themselves for all the filthy whores that they
are and deserve all the damage they have coming their way."
Okay, like un-install us. That's fine.
Like I get tweets like them-
like this from them all the time.
The next one, "HEX has 100% uptime", and they're responding
to the Polygon Network going down and Solana going down,
so they're talking HEX has 100% uptime.
Almost every single ERC-20 token has 100% uptime
and that's due to the strength of the Ethereum blockchain.
Why are you taking credit for this?
The Bitcoin site went down, Bitcoin.org,
and they're like HEX is 100% uptime.
So you're comparing a website on completely different
infrastructure with a blockchain that you guys don't even run
and you're taking credit for it?
It's absolutely absurd.
Feel like I could tweet that like the taco truck
down the street, is like, went out of business
and they'd be like, HEX users unaffected.
What are you talking about, you know?
So I've got a colleague, Kelly Richmond Pope,
and she's a fraud investigator,
she, I mean, this is what she does.
I think we should kind of hear some of her questions....
KELLY: My question to you is,
you review the data, but you don't offer an opinion
around the quality of the asset.
Is that what you said?
CLAY: Right. Yes.
We don't want to be a ratings agency.
We don't want to be in the business of-
I mean we list 40,000 assets and we're adding
sometimes hundreds per day.
There simply is not the bandwidth to audit
every single one of these tokens.
And our number one goal is to index the entire space
as quickly as possible and to leave nothing out.
Including scams?
Including scams.
Absolutely.
Clay, can I do a quick little speed round of-
You know, you can only say one word.
Okay.
KELLY: Okay. HEX, scam or not?
CLAY: Not.
Richard Heart, fraudster or not?
Not.
Hexicans. Cult or not?
CLAY: Cult.
Okay.
CLAY: I think it's a technically sound project. And my-
My issues as a HEX investor,
although I don't identify as a Hexican,
my issues are not with the
technical underpinnings of the product,
it's not with the economic underpinnings of the product,
It's the centralization of ownership of the asset in the OA
When HEX was invented,
there was an Origin Address that got half of the supply.
It got it by, you know,
getting a portion of this, that and the other,
but in the end, it ended up with half of the supply.
But the problem is, you know, what is in that Origin Address?
Who controls the Origin Address?
And how is that Origin Address
going to be used through the life of that token?
But I just want to mention
the fucking thing ain't never sold no coins, man.
So like, you guys can all eye-fuck it all you want,
but it never sold anything. [INCOHERENT CHATTER]
So HEX is built on decentralized infrastructure.
There's no question about it.
The infrastructure, the technology that runs HEX
is decentralized.
However, the ownership of the HEX asset is
highly centralized, with the OA owning
around 90% at any given time.
So the risk that HEX holders are taking,
which might be a fine risk,
we don't know how this is going to play out,
but the risk that they'’re taking,
so the HEX OA could sell the whole
ecosystem down to zero,
ah, in a matter of hours if they wanted to.
So this is something called the HEX audit.
It just goes into what's happening with the OA,
uh, and a number of other things.
So here's the OA ownership right now.
It sits at 88.19%, according to the assumptions made
by this spreadsheet.
So only 11.81% of HEX is owned by users.
What's really interesting is when you dig into the OA...
That- I think it exposed a lot of things
That
Should be known about HEX,
But I don't think most Hexicans wanted people to know about HEX.
There are all of these addresses right here
that have received funds from the OA,
which have never been moved.
Why was most of the HEX sent to these sub addresses?
Who has these sub addresses?
Why were they created?
What was the purpose in creating them?
Was it obfuscation?
Uh, Was it to make ownership more uh,
look more decentralized than it really is?
Why are the balances in all of them roughly the same?
Why did the money move to them at roughly the same time?
Why would you go through all this trouble
to do this on a transparent blockchain?
If anyone- like if a IRS auditor looked at what the OA had done,
it would look like someone was trying to launder money.
Like there's just a lot of complicated stuff
that's happening there.
This looks like obfuscation.
I can't come up with a single well-intentioned reason
for doing this, no matter how much I
game this out in my head, this doesn't look right to me.
I would hate for my life savings to be dependent upon
uh me speculating about his psychology
and what he's going to do or not do.
But this idea of concentrated ownership,
I think, to me is the biggest red flag.
You know, good kings are more efficient than democracies.
But bad kings are incredibly
evil and much worse than democracy.
And so democracy is messy and difficult and inefficient,
but it protects us against bad kings.
So far, Richard has been a good king to the Hexican kingdom.
I- I'm interested in crypto because it's trust-less.
I don't want to become a crypto investor
based on trust in a single person.
Everything that comes new into the world,
it benefits certain people more than other people.
So for instance, when Bitcoin was invented,
a guy named Satoshi, he got like a million coins.
The same way that every other founder of every other thing
got a huge portion of the ownership of the thing.
Would you prefer
that someone not own any of the thing they invented?
Do you think a company works better when
people actually own part of it?
Or when they don't give a darn about the
company's performance at all?
They're just there to get a paycheck.
If you align incentives and you get the people
that can make things better
to actually own a part of the thing,
you know, the most successful companies in the world
have owners and managers that own parts of the thing.
Elon Musk owns part of Tesla. Jeff Bezos owns part of Amazon.
And Mark Zuckerberg owns part of Facebook.
And those have been very, very good performing assets.
♪ DRAMATIC MUSIC PLAYS ♪
Hello, ladies.
Welcome to the Côte d'Azur.
Thank you.
Enjoy WOMAN: Thank you so much.
You guys may not realize this,
but we're actually building a future.
There's a lot of people right now.
They're going to be wildly wealthy, wildly happy,
wildly fulfilled in about a year, year and a half,
but they just don't realize it yet.
Because we built something that's unstoppable.
Somebody invented the first currency backed by nothing.
Somebody invented the first cryptocurrency.
Somebody invented the first time deposit.
Somebody invented the Internet.
These things will go on forever.
And luckily enough, you know, I invented something amazing,
and now we all get to live better lives because of it,
whether I live or die.
HEX is like a car and Ethereum is like a road.
And when a bunch of people want to drive their car on the road
at the same time, it gets filled up.
And then if you introduce fees to try and
give people a reason to drive at different times,
it sucks because then people have to pay the fees.
And so how do you make more space on the road
so more people can drive their cars?
Create new roads.
And so PulseChain is a new road.
Prepare yourself for what's about to come
because it's gonna be beautiful.
Richard Heart tweeted out today, "Great PulseChain.com news.".
I'm going to create a copy of the Ethereum chain,
that will have all your coins that you've got on
Ethereum, on a new chain,
and it's the world's largest free airdrop.
So you're going to get free money on a new and open road
that you can drive on whenever you want, very affordably,
and that should hopefully reduce the fees for the other road too,
which is the Ethereum Road.
Now, who are you going to give these new coins to?
People that have political beliefs similar to mine.
And how do we find out
who has political beliefs similar to mine?
We ask people to sacrifice.
So we see here that the PulseX sacrifice has started!
The much awaited, much hyped up sacrifice phase is finally here.
If you sacrifice coins to this address-
So I'mma do a hundred thousand..
Boom! Sixteen thousand dollars!
Then you will get these free coins.
There are games people play to try and avoid securities law.
So, you know, if you say, "It's sacrifice", then it sounds
a little bit more like a grant versus an investment.
And so that falls under a whole different set of rules.
29.5 million dollars
Over 1 billion HEX tokens are sacrificed-
We almost got, like, 660 million dollars sacrificed.
It's a win-win-win for everybody.
[LAUGHTER]
Well, I mean, like-
It's gone.
Right here, I mean... in HEX, there's 600 bucks right here.
Well, on this investment I did 100,000.
It's not here, but it's, you know,
going to a bigger, better place.
You mean a Gucci bag?
No, no, no, We took this and sacrificed...
into, uh, the new coins.
ROY: We were running up to a dollar.
We were at 50-something cents.
And then we all started sacrificing
for these different projects that Richard had.
And then all of a sudden the rug got pulled out
from the whole crypto space.
And it just started tanking and tanking and tanking...
Crypto obviously right now getting crushed-
Erasing more than $200 billion from the entire-
Investors getting jolted by volatility,
rippling through the crypto world-
Fearing they can lose it all.
And I don't know what in the world's going on.
CLAY: Everything's crashing.
This is what happens in the space.
It's part and parcel of the entire
history of cryptocurrencies.
Take any crypto assets and you will see
uh, huge run ups and huge dips.
You start at 100,000 and you think, okay, maybe I'll drop to
like 75 and then you go to 80...
But like when you go from 100,000 dollars,
to 594 dollars?
But it's not like we had 594
because we put it all into the, you know, the other coins.
And so like, it's technically still all there.
[POUNDING]
Richard is smart enough that he did this,
and your hands are clean, like he- you did it willingly.
[NERVOUS LAUGHTER] That's so true.
And there is no--
--repercussion for him because you did what he said,
with no question.
I'm not the only one that-
[STAMMERS]
I mean, you can fool a couple of people, but I mean,
can you fool that many?
ROY: It hasn't been easy.
You know, I have had to tell my wife that, you know,
things aren't what they were a few months ago.
You know, um...
Champagne dreams and caviar wishes are not there right now.
The neighbors say, "Oh, he's doing his thing again."
You know, because he'll open the windows and I'm like, "Shhh."
He's got the headset on and he's like, ultra loud.
Ahoy, DeFi pirates!
Hexicans!
And then our neighbors came out and they're like,
We saw you on YouTube the other night!"
and it's like... oh my God.
ROY: I'm feeling fired up, bro.
I mean, it's- it's getting close-er?
Ish?
[LAUGHTER]
And it's every day-
It's- it's an inch closer.
An inch closer.
For years all they saw was me coming home at night
and leaving early in the morning in the dark.
And then all of a sudden now
there's this guy at home yelling and screaming in his room-
STACEY: Wearing a costume-
Wearing a costume, wearing a pirate costume.
So yeah, so it's... [KNOCKING]
[DOOR OPENS]
Oh, oh, let's go!
Good to see you, man.
Real good to see you.
ROY: Woo! Look who's here!
Hi! How are you?
MIKEY: How are you? STACEY: Oh my gosh.
RICHARD: In crypto,
if you buy the wrong thing, you lose all your money.
If you buy the right thing,
you get rich beyond your wildest dreams.
PulseChain was designed to enrich Ethereans,
enrich Hexicans, save the environment,
and for people that may hold the ticker,
perhaps get really, really rich
on a new ticker symbol that never existed before.
He seems to have a lot of answers about the crypto world,
but at the same time, like...
a big guy can take from the little guy.
And if I say the right words that make me sound smart enough,
you'll follow along.
You'll believe me.
Raspberry goose?
Raspberry goose.
So, so- Pulse is going to bring out a whole new ecosystem.
A whole new-
just a mass of products are going to come out
on top of this thing.
That's why I'm going on tour and start talking to people about it
But strategies, as far as you know,
what we're going to do right now is,
ROY: we're going to hold. MIKEY: Hold.
We're just going to hold.
I think this whole thing with launching Pulse
and the sacrifice, it's just,
you know, HEX has had a nice run,
how do we build the next thing
so that we can spin the wheel one more time?
This is a scam.
This is a facade.
Like, whatever.
We thought maybe six months to a year out.
MIKEY: I mean, yeah-
And uh, now we've ended up waiting two years.
HEX is a token built on a blockchain,
and PulseChain is a blockchain.
So building a blockchain is a lot harder.
That's probably why it's taken them so long
to get this thing launched.
You're my boy.
I came to you late.
I already got- I already got this to you late,
and then when you did get in, it was the top.
[LAUGHTER]
♪ DRAMATIC MUSIC PLAYS ♪
ROY: Yeah. Made mistakes.
To Ramey's benefit,
I think-
one of the nicest, great, best things about her is the trust.
He's never just going to sit still behind a desk
for the next 50 years and just do the same thing every day.
But at the same time,
we didn't need to dump the entire amount into something.
At once.
But when she sees like real banks failing
in her mind, that she has perfect trust in,
she then thinks, should we get our money and put it somewhere?
Or what should we do?
The banks are failing, yes.
But at the same time, there's been so many people right now
in the crypto world that have been scammed or lost so much,
it's riskier to put it in crypto, I feel like, right now
than it is to put it in the bank.
ROY: Ramey needs to know that it's not fake Internet quarters.
She needs to know that it's a viable option
for her family to go out and utilize, and-
for her kids one day to set up their own retirement plans in,
you know, and for you and her to put your nest egg in
and it'’s safe. Because it is safe.
[KIDS LAUGH]
RAMEY: I don't want to look like a fool and bawl.
[LAUGHTER]
I'll just let Mike do that.
He has to live in his own shame.
And I-
I don't know.
At the end of the day I get to be right.
So, I mean, that's a win.
How often is the wife right?
[CAMERA STARTS]
Hello, everybody. It's Richard Heart here.
I just want to let you know that
the PulseChain.com main net has launched,
and PulseX.com on that main net has launched as well.
I hope you guys are all enjoying it.
We waited a couple of years for this and it's finally here.
Ahh haha! You don't know!
We launched, baby!
PulseChain is live!
I'm rich, bitch! Millionaire, bitch!
How exciting.
Oh my God!
Let's fucking go!
It's here, folks. It's finally here!
Do you see us?
You see us now?
Thank you so much, Richard Heart-
I am the captain.
Your captain.
And now PulseChain Kabazillionaire!
100,000x muthafucka!
I'm officially retired. Just like that!
I saw my kid's faces...
And I could see a bright future ahead of them,
thanks to what you have done.
[ENGINE NOISE]
LAMONT: You know, he says that he wants to kind of like
change the world and make people better off...
RAMEY: I put my money into crypto
and my hands are still empty.
There has been no reward.
From where I've sat, it's only been down. Which is horrible.
RICHARD: Oh, the frame- my God.
That's beautiful.
That's really great.
That is exactly the style that I love, man.
LAMONT: Ultimately, it's all about his glory
and his personal gain.
That's how egocentric people work.
'Cuz they think he's God.
They think he's amazing, and they'll do anything he says.
♪ EPIC MUSIC PLAYS ♪
RICHARD: People watch what I do and people think it's a cult.
CLAY: It seems like on one hand, he's here for legend,
he's here to save the world,
he's here to make a bunch of millionaires.
And then on the other hand, it seems like
some of this is just a large performance art project.
RICHARD: Everything is getting worse,
and the only thing that's making it better is cryptocurrency.
If ultimately this is all a big performance art project,
people are going to get fucked.
LAMONT: There are a lot of people who talk about
crypto for good and why we're doing these things-
He's in it to make money! [CAMERA SNAPS]
KELLY: He has created a character.
Almost like he's acting in a play
RICHARD: I have made and lost more money
than most people will ever make.
I've forgotten more things than most people will ever learn.
Cheers to making the future a better place.
GUESTS: Cheers.
LAMONT: He's like a DJ.
He's like spinning the records- [RECORD SPINS]
HEXICAN: Ching! Ching! Muthafucka!
[♪♪♪♪♪]
LAMONT: People are dancing-
HEXICAN: It's coming your way, muthafuckas!
LAMONT: And when people are having a good time,
the party is rockin', the price is rising-
This is just the icing on the cake cake. [CACKLES]
He's definitely an outlier.
But he can't do this forever. Because humans are not God.
Humans are just people keeping the show going.
RAMEY: If these things are so easy and
they happen so often to people, why aren't more people doing it?
Guy is a salesman.
Parties are fun, but parties ebb and flow,
and at some point the music's going to stop.
RICHARD: It's hard for people to understand
where I'm coming from in my life because my cup is so full.
I just think Richard's got to be tired.
All the time on the computer, all the time streaming.
I'm the best human being in cryptocurrency.
LAMONT: I've nothing against Richard,
but he can't do this forever.
I just don't think it's there yet.
I made a cryptocurrency that went up 1,000,000%.
I'm right over and over and over and over again,
and I'm just waiting for the rest of the world to catch on.
CLAY: This is the future.
We saw photographs become digital,
and when Instagram sold to Facebook,
it was worth more than Kodak was.
LAMONT: There's a whole world out there.
I think crypto is part of it. I think it's the future of it,
but it's not going to replace everything else.
CLAY: We saw music go digital and Spotify is worth far more
than any other traditional old school music company is now.
It's inevitable that money becomes digital.
Jumps on the back of Moore's Law and goes exponential.
That genie's out of the bottle and there's no taking it back.
RICHARD: The cryptocurrency is not going away, ever.
And at some point
the people that you met that you thought were crazy loon birds,
they're going to be in the 1%, and they're going to be
the people that own half of everything. [ENGINE RUNNING]
RAMEY: Every time you turn around,
somebody has schemed somebody out of their money.
Why not this one?
[GLITCH]
♪ ORCHESTRA PLAYS ♪
[GLITCH]
[MUSIC INTENSIFIES]