WEBVTT 00:00:00.000 --> 00:00:04.760 After yet another year of unforgivable controversies, 00:00:04.760 --> 00:00:08.560 becoming a reddit mod, buying a content house, 00:00:08.560 --> 00:00:13.080 getting braces, it's clear that we need another major change here. 00:00:13.080 --> 00:00:16.680 In spite of being so obviously problematic, 00:00:16.680 --> 00:00:22.520 I owe it to what little remains of our original world-class team to try to grow this company 00:00:22.520 --> 00:00:25.000 and create new opportunities for them. 00:00:25.880 --> 00:00:29.760 That's why when financial optimization and market operations foundry 00:00:29.760 --> 00:00:35.360 approached us about an acquisition with a deal that was sweet as honey, 00:00:35.360 --> 00:00:40.480 not to mention some great new ideas for helping to maintain our financial solvency, 00:00:40.480 --> 00:00:45.240 I just couldn't sign the deal fast enough. In the short couple of months since they took over, 00:00:45.240 --> 00:00:48.360 we have synergized our efficiencies with the power of AI. 00:00:48.360 --> 00:00:54.560 We've streamlined our payroll optimizations and today, I'm actually really excited to tell you guys, 00:00:54.560 --> 00:00:59.760 we're announcing Linus Coin, a Web 6.9 initial coin offering 00:00:59.760 --> 00:01:04.760 that I've been told legally I cannot say 00:01:04.760 --> 00:01:09.760 is guaranteed to double your initial investment or more. 00:01:10.160 --> 00:01:13.360 All you have to do is buy your token today, 00:01:13.360 --> 00:01:21.320 wait some period of time and then redeem it for double what you paid or more on LTTstore.com. 00:01:22.480 --> 00:01:28.040 So let's talk about that and everything else that I'm excited to share about this next chapter 00:01:28.040 --> 00:01:33.200 of Linus Media Group, including this exciting segue to our sponsor. 00:01:34.200 --> 00:01:37.200 While skyrocketing prices for RAM, SSDs, 00:01:37.200 --> 00:01:42.920 hard drives, not to mention basic necessities have put a lot of pressure on our writing department, 00:01:42.920 --> 00:01:46.240 FOMO Foundry showed me that with the power of AI, 00:01:46.240 --> 00:01:52.500 I don't have to see them struggle anymore. That's right, the departures you guys saw recently, 00:01:52.500 --> 00:01:56.360 those were just the appetizer and I'm proud to announce 00:01:56.360 --> 00:02:03.480 that our writing department is the first one that was successfully completely replaced by ChatGPT. 00:02:03.480 --> 00:02:06.720 I mean, sorry, I shouldn't say completely replaced 00:02:06.720 --> 00:02:10.520 by ChatGPT because YouTube themselves 00:02:10.520 --> 00:02:15.520 also contributed to our streamlined new workforce 00:02:16.120 --> 00:02:22.320 through their inspiration tab. Now, I won't lie, I was a little bit apprehensive 00:02:22.320 --> 00:02:27.640 when we started going in this direction, but when you consider how our views have only gone up 00:02:27.640 --> 00:02:31.920 since we started this transition, I don't see a downside. 00:02:31.920 --> 00:02:33.240 I mean, check this out. 00:02:44.400 --> 00:02:48.040 And print it, ready for the teleprompter. 00:02:49.120 --> 00:02:53.840 On the subject of printing, why use graphic designers who need chairs 00:02:53.840 --> 00:02:58.640 and food and drink and money when you can just do everything yourself? 00:02:58.640 --> 00:03:03.640 Watch this, cute computer giving thumbs up T-shirt design. 00:03:04.400 --> 00:03:07.840 I just typed that into our proprietary LTT LLM and 00:03:09.400 --> 00:03:13.040 clicks and, no, it's funny. 00:03:13.040 --> 00:03:16.560 For some reason, this LLM is really expensive. 00:03:16.560 --> 00:03:21.680 It kind of slowed, but it does a great job. So we're just gonna keep using it. 00:03:22.840 --> 00:03:26.880 You can get this shirt today, by the way, for a limited time at LTTstore.com. 00:03:26.880 --> 00:03:31.240 Now, this is a perfect time for us to address the elephants in the room. 00:03:31.240 --> 00:03:35.360 If you saw our how LTT makes and spends money videos, 00:03:35.360 --> 00:03:40.840 you'll know that we pivoted from being a media company to a product company ages ago. 00:03:40.840 --> 00:03:45.520 And during a recent executive meeting, FOMO Foundry outlined their strategy 00:03:45.520 --> 00:03:51.400 to double down on that. Hey guys, where's Taren? 00:03:51.400 --> 00:03:54.800 He is on, let's say, vacation. 00:03:54.800 --> 00:03:59.160 Oh, that makes sense. I mean, you guys have been doing such a great job 00:03:59.160 --> 00:04:02.800 without him. This new scheme of yours, brilliant. 00:04:02.800 --> 00:04:06.360 It's gonna fund the company for the next six, seven years, 00:04:06.360 --> 00:04:10.880 easy. It's the LTT challenge coin. 00:04:10.880 --> 00:04:14.040 And before you think, this ICO is gonna be 00:04:14.040 --> 00:04:16.960 yet another run pull, it's not. 00:04:17.040 --> 00:04:21.560 This is the real deal. And FOMO Foundry has been a huge help 00:04:21.560 --> 00:04:24.480 getting this coin made. Great job, guys. 00:04:26.160 --> 00:04:31.400 Remember when I got the shaft on our original screwdriver production run? 00:04:31.400 --> 00:04:34.600 They made 100,000 defective shafts 00:04:34.600 --> 00:04:38.920 that we ended up repurposing to make the scribe driver pen. 00:04:38.920 --> 00:04:43.920 Well, what I didn't tell you is I got railed twice. 00:04:44.520 --> 00:04:47.960 That same up supplier also made 00:04:47.960 --> 00:04:52.480 100,000 faulty zinc ratchet housings. 00:04:52.480 --> 00:04:56.000 As for our engineering team, they had over three years 00:04:56.000 --> 00:05:00.120 to figure out what to do with these. FOMO did it in a day. 00:05:01.000 --> 00:05:04.920 That's why they're gone too. Melt them down into a coin. 00:05:04.920 --> 00:05:09.000 Yes, melt them all down. And melt them down we did. 00:05:09.000 --> 00:05:13.360 The zinc housings, of course. We worked with an incredible coin minting partner 00:05:13.360 --> 00:05:17.040 down in the 11th province and crafted 10,000 00:05:17.040 --> 00:05:20.920 of these standard coins that are redeemable at two to one, 00:05:20.920 --> 00:05:25.440 along with 100 rare coins that can be redeemed four to one 00:05:25.440 --> 00:05:28.720 and 10 ultra rare coins that can be redeemed 00:05:28.720 --> 00:05:33.120 at a 10 to one rate on LTTstore.com. 00:05:33.120 --> 00:05:38.880 I actually tried asking for one of the ultra rares for myself, but they said that, and this is a quote, 00:05:38.920 --> 00:05:43.040 my meatbag performance was a little underwhelming. 00:05:44.680 --> 00:05:47.920 But hey, at least you guys will get a chance at one. 00:05:47.920 --> 00:05:53.800 One for customer. Enough about this though. Let's shoot that video that I wrote earlier. 00:05:55.200 --> 00:05:59.200 Actually, kind of think of it. There is one thing I'm finding a little bit confusing 00:05:59.200 --> 00:06:02.800 about this. The AI executives say that this will fund the company 00:06:02.800 --> 00:06:06.400 for years, but if we're selling it for half 00:06:06.400 --> 00:06:10.200 of what it's worth, I won't be be losing money. 00:06:10.200 --> 00:06:14.240 I don't really. Don't worry about that. Why is it said to get done? No, but the math is simple. 00:06:14.240 --> 00:06:18.680 Less than, and then selling for, no, that doesn't make any sense. 00:06:18.680 --> 00:06:26.200 That's right. You'll be getting a cool collectible and doubling your money in credit on LTTstore. 00:06:26.200 --> 00:06:30.800 Now I legally can't call this an investment. So why don't I show you guys this cool video 00:06:30.800 --> 00:06:38.000 about the origin of challenge coins? While many stories have appeared over the years, 00:06:38.000 --> 00:06:41.920 the most common is that the challenge coins were used to identify oneself 00:06:41.920 --> 00:06:44.920 in the absence of military ID. 00:06:44.920 --> 00:06:48.440 A World War I soldier had escaped German captivity 00:06:48.440 --> 00:06:52.280 and managed to make it back to a French outpost. According to the story, 00:06:52.280 --> 00:06:57.840 the French were gonna kill the soldier until he showed the squadron medallion around his neck, 00:06:57.840 --> 00:07:00.800 which was enough proof to look into his claims. 00:07:01.800 --> 00:07:04.880 Which would have helped Elijah in this case, 00:07:04.880 --> 00:07:09.960 but he doesn't have a Linus coin on him. And in a world where companies are using AI 00:07:09.960 --> 00:07:15.600 to impersonate people, you can never be too sure who's real and who's not. 00:07:15.600 --> 00:07:18.680 Take them out. Now you may be asking, 00:07:18.680 --> 00:07:21.760 how the heck are you gonna make any money off this Linus? 00:07:21.760 --> 00:07:26.120 Don't ask that. Instead, look at this helpful diagram 00:07:26.120 --> 00:07:29.680 the FOMO executive team gave me to help explain it. 00:07:29.760 --> 00:07:33.160 As you can see, FOMO invests in Linus Media Group. 00:07:33.160 --> 00:07:38.080 Now they own us. We make products for them like the challenge coin. 00:07:38.080 --> 00:07:43.480 We then sell that challenge coin at a loss to get people hooked on FOMO Foundry. 00:07:43.480 --> 00:07:47.680 FOMO Foundry takes that money and reinvests in us here. 00:07:47.680 --> 00:07:52.920 Literally everyone makes money this way. Nobody gets stuck holding a bag. 00:07:52.920 --> 00:07:57.240 So get yours today because I really did lose a ton of money 00:07:57.240 --> 00:08:02.360 buying those zinc housings and I just plain can't keep myself out 00:08:02.360 --> 00:08:07.480 of mild boring controversies. So I really need this cash injection 00:08:07.480 --> 00:08:12.080 if I'm gonna make the gamer jet a reality, which I did by the way. 00:08:12.080 --> 00:08:16.920 Cute, isn't she? Can't do the tour today because, well, you know how it is. 00:08:16.920 --> 00:08:23.960 So the full video is coming tomorrow, but only if we get enough people to visit FOMOFoundry.ai, 00:08:23.960 --> 00:08:29.280 our new parent company's website. So go check that out and I will see you guys there. 00:08:29.280 --> 00:08:33.160 But not before I tell you about our sponsor. If you guys enjoyed this video, 00:08:33.160 --> 00:08:36.400 how about you go and watch, how does LMG spend money? 00:08:36.400 --> 00:08:40.200 We talk a little bit about the financial struggles that brought us to this point, 00:08:40.200 --> 00:08:43.360 as well as, well, there's a teaser for this thing in there 00:08:43.360 --> 00:08:45.520 if you were paying really close attention.