 Now we'll do a little Q&A, I'll answer all your questions, the best of my ability and we'll go from there, that's it. So thanks a lot, see you on the next one. All right, comments, fair part of the day. Fair part of the show, I should say, let's see. And everybody, which for some reason is not loading. So get your questions going. Ah, there we are, Vicky, thank you. Not financial legal attacks advice. We should really do this in the beginning, I think. This channel is for entertainment purposes only, Dan's on an expert, these are Dan's opinions, please inform your own Dan research. Chris Brunger says, hey, Rob, will there be a DCA Friday this week with James and Ben? There will be a DCA, that'll be next Monday, and it'll not be with me and Ben. It'll be with James and whoever he's got. I think he's got CTO and Banter, ran for the Banter guy. So yeah, that's what's going on. And again, I mean, we talked about this, I guess I've talked about it again. So I stepped down because it was just time. It was time to step down and let other people do their thing. And I know people told me that, you know, hey, James has a little health issue and we already talked, I mean, that is texting this morning. We talked yesterday, the day before then. So everything's good, it's just, I just wanted to step away. Ben's got his 20th kid on the way or something. So he's got to step away, holidays and stuff. And that's it. I had a lot of things going on. So like that was out of my wheelhouse. That's it. No, man. We want to hear the story on the fall with DCA. Everybody wants to hear a story and it wasn't. And it's the same thing with like when George was on the show, cryptos are us. George had three freaking channels. And he was doing three, like he just started doing like two streams a day, now he does three streams a day and he just couldn't, it was just too much. And that's it. That's all. So low IQ. I love this low IQ. Great question. Is Grayscale Bitcoin Trust safe or should we sell? My thing is this, I don't even know why people are into it, you know? I mean, here's the thing. The whole thing is, if you get the Bitcoin ETF and you're getting at a negative 43%, that's a huge discount. If a Bitcoin ETF gets approved, then it's skyrockets, right? It worked. Sorry, Gary Gensler. But the SEC likes to silence me every so often. I'm just kidding. The wifi's a little jacked up here in Puerto Rico sometimes. And I just don't understand why people have it. Like if you have exposure, low IQ, like in everybody's smart enough to be able to custody their own crypto, it's imperative. And I've, on my website, Dan teaches crypto. I show you how to do it. It's like three videos. They're all like seven minutes a piece. It's super simple. So like, to me, there's no reason, unless you are a huge corporate entity and just don't wanna deal with it, then I get that part. But if you just, you know, job all the street, you're smart enough to do it. If I'm smart enough, I'm an idiot sometimes. I can get it. You can get it. Let's see. Sebastian says, streaming on wifi. So yes, I'm streaming on wifi. Sometimes I have a direct connection. Even the direct connection drops off because that's just how it goes. Let's see. It's too late, though, are they? Rob was my real estate and financial advisor. I told Beardy to buy a ton of EOS and Ravencoin. And I think it's working out pretty well. Also BitConnect. Let's see. Clitchy McLitcheson, yeah. Yeah, most of the time, like yesterday, I had direct connection. Just how it is. SheenetsoldGeorge is one of the channels. So here's a great question. Hey, Dan. Well, that's from Portugal. What crypto do you think people should hold for 2023 for some good gains? Well, first of all, I don't think we're gonna have a lot of gains in 2023. But if we do, I think the safest, if you look historically, Bitcoin does okay in a bear market. Not like the greatest thing. If you want like 10X, 100X, you're not gonna get it in Bitcoin, sorry. But take a look at Chainlink. In the last long extended bear market, Chainlink was one of those crypto projects that pumps pretty hard during a bear market. And again, everything really needs, not everything, but if you wanna have outside data pulled into the blockchain, because it can't just be done. It needs an oracle. Chainlink's your one. And that's a pretty good one. And I hold that right now. I sold it in the bull run, but I always keep a little. I've been re-accumulating. It's one of the ones that I dollar-cost average. Also, I dollar-cost average polygon. And also, I dollar-cost average some layer ones. And of course, Bitcoin as well. So I think there's more pain ahead, but I'm not smart enough to time the markets perfectly. I know we're gonna go down probably in 2023, but I'll just accumulate. And then maybe hopefully in 2025, six or seven, we see some more blow-offs tops. Who knows, I don't know. That's it, good question. This is a good one. Leonard's Bersin says, I don't know, essentially perfectly all laid out like that, but there is a quite a big concentration of Bitcoin. And we can take a look right here, da-da-da, in the Bitcoin Treasury. And you can just see, let's see, that totals for the ETFs and on Bitcoin, it's almost 4%. If we take a look at private companies, that's one and a half percent. So let's just do some quick math for 1.5%. Okay, it's like 5.5% or 1%, that's 7%. And yeah, so I mean, right now you're looking at 7% is pretty centralized, let's be honest, it is. However, if we take a look at wallets and things like that, you can find over here, look into bitcoin.com. We can break this down by charts and look at, da-da-da-da-da-da-da, I must have passed it. Ah, address is worth more than one balance. I mean, we're at an all-time high. However, take it with, we're at almost a, 999,000, yeah, almost a million. So I mean, the 100K, I can kind of see it because take this with a grain of salt too, because remember, like I've got five different wallets and they've all got more than one bitcoin in it. So I am part of that equation. Take it with a grain of salt, it is what it is. And I think as time goes on, hopefully it becomes a little bit more decentralized. And I think one of the things I need to do myself personally is stop talking about the price of bitcoin and start talking about satoshis and just talking about how much you can, how many satoshis you can get for a buck. That'd be a good question actually. I'm gonna go up on a tangent, I don't wanna do that. So, hope I answer your question. I think there's, it's a lot more decentralized than, oh, I don't know, say like a regular fiat currency. Let's see. Rob, what's your catch on gaming studios? Blockchain's for example, Finesse Olscher-Vulcan Forge. I think if you're looking for like real utility, which is what will drive adoption, gaming is probably one of the bigger ones out there. I mean, let's be honest. When you're playing a game and you wanna level up whatever it is, you need an NFT. And for NFTs, you gotta buy those things and those you can sell off. So for me, when I take a look at like a Gala games or something like that, or like again, Sokishi, which again, I hold both of those cause I'm biased. I take a look at those and go, that's probably one that will do pretty well and actually has real world utility. So as far as gaming studios and also nothing I like about Polygon is that they have Polygon Studios. They're taking web two applications and games and pulling them into web three. And again, Sokishi was one of those. Again, Sokishi has been out for, I don't know, eight years on various platforms, Switch, PlayStation, Android and iOS. And they switched over to Blockchain and they were built on Polygon. So again, when I take a look at those, I'm like, those would probably do quite well cause if you got a bunch of a huge amount of gamers and they want to do whatever they do, I'm not obviously not a gamer. But what do they even do? They're gonna need to use those things. And I always thought that gaming would probably lead the way. Rookie numbers and the likes. Yeah, we've flat lined a little bit in this on the show. Not getting as many views as we used to in the bear mark or the bull market, that's okay. I don't, I like the people that are here now because I don't have to deal with the ridiculous comments about everything's going to the moon, everything's gonna be awesome and that and all. People are just realists here. So thanks for being a realist and just thinking to yourself that, maybe it won't go up forever. Maybe I should hedge my bet. Maybe I should do other things. It helped me out a lot. Okay, I don't know what that one. Yeah, anyone come by Bitcoin? Okay. So Gustavo says, here I was about to use signing smart contracts like ETH or Binance Coinsights, connecting your Metamask without knowing for sure what you're signing. It bothers me. But another thing you have to remember is that I have far less than 1% of my Metamask wallet because I'm always on the assumption it'll get hacked. That's always my assumption. My assumption is that the things that I interact with and do things with is that at some points I'm gonna mess up. So far I've been doing pretty good. So yeah, it bothers the hell out of me but this is the things for being a pioneer in this space. You're going to lose. You're going to lose big. So for me, I just have to minimize that losses. Minimize the losses by following the rules. Everything's a scam, all that stuff. And just try to keep a lot of things off of a hot wallet. Why would you put it in a hot wallet? I mean, a lot of it's dumb. Yeah, five walls moving. Yeah, exactly. I try to spread things around. And then of course, question is, I can't bring this up. Diversification, rather diversify. What do you divert? Yeah, so again, diversification is quite simple for me. Mostly it's a bunch of cash. This is my wheelhouse, about a quarter cash. 1% is stables, Metamask where you want to call it. 5% is a DGen play. And that's actually lower now because those projects are going down because they're degenerate plays. 4% is masterworks again, buying fractionalized shares of art pieces. And I'm gonna have the CEO on again pretty soon. Actually, I'm gonna have the CEO, the Chief Investment Officer, Alan Sokolitski coming up next week. So the question that I'm going to have for him is safety. Safety and trust. I think that's a big question. 5% of land, 35% is properties, Amazon business, and this is just staking, staking. Like I also have, this is on top of my crypto portfolio. Crypto on IRA is 1%, I got some things in equities. So yeah, that's, hope I answered your question there. Oh yeah, cornucopia is great project. Rob and the gang, I like those guys. Hey, Rob, is it likely buying? See, shouldn't trust me, and that's why my wifi goes out. You shouldn't trust me because you have to verify it, right? Don't trust verify. It's easy going, we're good, we're good. We got a proof of reserves. That's great, a proof of reserves. You can show me how much you got. But I gotta tell ya, that would have been pretty good for Voyager to show proof of reserves, but they loaned out 640 million to three O's capital. So proof of reserves, proof of liability and a little more open structure, probably what I'd like to see, but I don't trust any of the exchanges anymore. This is recipe for disaster. Thank you, Ben, I appreciate it. Or Jen? D-Jen, that's funny. D-Jen, go on. Thank you, meme. Wen Lambo, after 2025 probably. Let's see. Rob, I'm with you from October 2021, but did not sell when must have, and I'm almost at the price as of now on my coins. Yeah man, DCA is a king. Thanks a lot, you're welcome, Nick. And I hope we all learned a valuable lesson. I learned my lesson in 2018 when I didn't sell. I listened to everybody and there's stupid comments about diamond hands forever. More on that. And then I kind of wised up and I figured out, well, maybe I should take some profits on the lakes. And we took, nobody went broke taking profits. I know, here we are. And yeah, that's it. Nick's right. It's a mass speed. Whether growing or dying. Let's see. I can't help it. Let's see. What's the main result of all coins considered as securities? This is a good question. And this will be our last one. I gotta get out of here, unfortunately. So I've always said this. Let's say Bitcoin becomes a commodity. Great, nothing changes. Everything's on these changes. Everything else becomes a security. Now you have to register everything with a security. That means Ethereum number two down. They have to register with everything that will change. Every exchange that's out there has to register as selling securities just like what Robinhood does because they sell securities or stocks. They're gonna pay a fine. Every single crypto that's out there that did an ICO is an unregistered ICO security sell. They're gonna pay a fine. The Fed's gonna be happy. The government's gonna be happy because they're gonna make a boatload of money in a one fell swoop. Even though this market is owned under a trillion and even Jamie Dimon said, is that even a real market if it's under a trillion? Got a point. So once that happens, then everything becomes a security and it's regulated. However, the thing again is that my question is this. If it's a security and we want to be able to transfer that security, like I can't transfer my Tesla stock or my Facebook stock out of Robinhood, can I? No. So if that's a security and they say, well, it has to be overseen by X, Y and Z, then if we wanna do that, how can we start to use wallets? And the next thing would be, well, I need to use this wallet because I need to transfer it and also I need to use this security as a utility to pay for things, to move things out of my wallet. So how did you guys do that? And it's the same thing that came about with Apple. Apple was ticked off at Coinbase and they shut down their wallet because they couldn't collect the 30% fee for NFTs because they said, well, this is just a currency. It's not really. So again, when it all comes down to it, if the security's come about, a lot of crypto products will collapse, they will consolidate, we'll see a lot of things. The big question is how can we move things around, especially when we need the actual utility part. And actually, let's also think about this. Let me show you one thing. That's not it. I go to world mobile token and there was this, okay, let's see my screen now. So like this isn't a security. So people are using the world mobile token which is built on Cardano to give them telecommunications and access via cell service. And they're using that as a currency and a utility. And right now they've gone from the gigabytes to less than 100 gigabytes to now today using 2. And this is in 24 hours. They use 2.11 terabytes and 168 error nodes. It's a separate thing. So for me, I'm like, how can you classify that as a security as an investment contract? Because you're not using that to gain money. You're using that to access the network which will give you access to the telecommunications and the data. It just boggles my mind how they think this is real. I mean, this is how it's gonna work out. Anyhow, that's for smarter people than me. That's it for today. A little bit quicker show today. I was trying to speed things up. A lot of things are going on. Also, I had a talk last night with Aaron Bennett, Cam Cruz, and Tiffany Fong for the Celsius crew. And we got to talk about the things that are going on with Celsius and the updates. And if you think that Celsius is gonna use Bitcoin mine and come out of that hole, you got another thing coming. I will put that video out hopefully tonight, maybe early tomorrow. You can watch it and they do a fantastic breakdown. So I'll have that out. That's it. So look, that's it for today. If you liked today's video, give it a thumbs up. Also consider subscribing. All things we talk about are time sensitive. That's it for today. So thank you so much for stopping by. I appreciate it. And everyone of you, I'll see you guys in the next one. Adios.