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Carol drops game.

Five minutes at Bitcoin Pizza Day in Philadelphia, in the middle of the event. The tape starts mid sentence and does not slow down.

Most of it is Carol on a group she calls “the core community”, the Rise Up Morning Show, which she rates for a pairing she says is uncommon, “the most ethical and knowledgeable” people she has met in crypto, and “that combination is rare”. What makes them worth it, in her telling, is what they do not do. “they’re technically like influencers. They’re not going to sell you tokens.” They will tell you how to join, then how to stop: “they’ll tell you how to join the group and then leave it and get a full month for free.” The invitation she quotes back is “please do it, just come learn with us”.

The reason she stayed is a confession about what she was doing before. “I’ve been in there about a year and a half, and before I joined in there, I was losing constantly.” She was, she says, “buying all kinds of crap coins trying to get, you know, 100x”. Somebody off camera supplies the word for it, gambling, and she takes it without a fight: “Yeah, I was totally gambling, and I thought I was doing something.”

Then the actual game, which is arithmetic rather than a call. She credits a member she names as Will Watson with the line she now runs on: “if you get 7% 12 times, you double your money.” In practice that means taking profit in pieces. “I’ll take a little bit at 7%, I’ll take a little bit at 15%, but I’m always holding something for 85-90%.” The rest is homework the group does out loud, “How to look stuff up on DeFi Llama, how to find TVL, how to make sure people are actually making money in the project”, instead of the pitch she has heard too often, the one about “someday, what if, if 17 things go right, we might be profitable”. Her verdict on it: “It’s really wonderful.”

The middle of the tape is the day itself, and it runs on coincidence. She had never heard of the pizza story until recently, and now lives just down the road from it. She has photographed one of the people at the centre of it, “I just photographed him”, and she reads the whole afternoon accordingly: “So I feel this is a full circle, meant to be kind of moment.”

The last stretch is about who found whom. “our guys, Kevin and Alex and Will, the heart and soul of the Rise Up Morning Show” ran into someone at the consensus event in Miami a month before, “And they all connected like magnets in the most classic human ways”, and three weeks later everybody is standing here. She calls that “pretty hopeful”. Then the mic changes hands, the conversation turns to living through something ugly, and the tape cuts before the story lands.

What is in it

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Transcript

Transcribed and speaker-separated with AssemblyAI from the original audio, so nothing is masked. The letters are the model's speaker labels, not names; fillers are dropped by the model. Names corrected. Published in full so it can be read, searched and quoted. Search every transcript →

0:00Ato, um, to Philly, what’s going on right here.

0:06BSo Rise Up Morning Show?

0:07AYeah, the Rise Up Morning Show. Yeah, that’s the core community who is loved by, I think, the most ethical and knowledgeable -- that combination is rare -- crypto, um, What?

0:27BI mean, we -- they’re technically like influencers. They’re not going to sell you tokens. They’re not going to try to get you to join the group. In fact, they’ll, they’ll tell you how to join the group and then leave it and get a full month for free. And they’re like, please do it, just come learn with us. I’ve been in there about a year and a half, and before I joined in there, I was losing constantly. I was buying all kinds of crap coins trying to get, you know, 100x. I realized --

0:58AGambling.

0:58BYeah, I was totally gambling, and I thought I was doing something. But one of the members there, one of the leaders, Will Watson, he says, you know, if you get 7% 12 times, you double your money. And ever since then, I’ll take a little bit at 7%, I’ll take a little bit at 15%, but I’m always holding something for 85-90%, you know. Basic research. They cover that all the time. How to look stuff up on DeFi Llama, how to find TVL, how to make sure people are actually making money in the project rather than, you know, someday, what if, if 17 things go right, we might be profitable. Bullshit. It’s really wonderful.

1:45ASo, well, you To convince the Pope and the Fourth Day Walker to bring it all back home here. And what’s worse is he said, I can assure you, I need to be in Rome. I never heard -- to say that understatement -- I never heard of pizza dad in the ’70s in London until a few years ago.

2:12BReally?

2:13AYeah, what? Pizza Hut? Yeah, I never heard of it either until yesterday. A year and a half later, we left where I happened to live, just down the road. It could have been Pizza Del Delight. Then the founder of Pizza Del is Philadelphia’s heart right here. I just photographed him. He was Like they say, you know, coincidences. So I feel this is a full circle, meant to be kind of moment. And I’m not -- oh, it was a meant to be kind of girl. It’s just that, James, it’s real. It’s happening. It’s real.

2:59BI’ll take over for you.

3:05ASo here’s that, the founder of Peace Walk, right? In a way, no greater thing. Let’s bring the world together. Peace Walk. If you know the old lyrics, what better way than this? But our guys, Kevin and Alex and Will, the heart and soul of the Rise Up Morning Show, have I bumped into Stack at the consensus event.

3:34BOh, in Miami?

3:35AA month ago. And they all connected like magnets in the most classic human ways. And here we are 3 weeks later. So, that turned out really fantastic. But, uh, this is pretty hopeful.

3:52BSay more about that. Can I hand this to you?

4:03AThank you. You said you lived through what?

4:17BNo, but what did you say about yourself? Yeah.

4:25AAnd how to be eyewitness to a devastation that’s ugly.

4:32BYou want to sit here?

4:33AIn my view, it is ugly. I won’t say it’s ugly that people watch it happen to their family. So when something like this happens out of nowhere and people come

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