 Hey everybody, before we start the show, I need to go over a couple of things. First of all, the bigger that we get on this channel, the more spammers and different unscrupulous people like to drop in and do all their shenanigans. So I'm going to show you what to expect and how to get rid of them as much as possible. So first of all, this is from the video from yesterday and you're going to see a lot of different comments here. There's going to be some kind of comment here from some person named Digital Asset News. Who is not me? It says, whatever they're talking about here, you're saying, hey, he's a trader, thanks for your comment. I recommend George Wilson as someone that can help you contact him on WhatsApp. First of all, I will never do that. I do not usually recommend anybody as far as like a trader or whatever else. I don't recommend anybody. I talk about certain projects that I like. I have certain individuals that I list on the show from time to time, very rarely, but this type of stuff I will never do. So this is obviously a spam or a scam. And then to get rid of it, I mean, I go through them every day. But then what they do is they come back and they add them on later to my older shows or they just come back and just spam me again. So I'm going to ask you for your help because I can't do it by myself. So what I do on my screen is I just click these three dots right here and I click on report. Now your screen is probably going to look something like this. Let me pull it up. You're going to have this screen look something here and it's going to have like an up thumb, a down thumb, thumb and a reply. But if you, as you're scrolling around and you move your mouse, you can see these three dots and make sure you're not on somebody who's like legit, like Moon Boy, I'm sure it looks pretty legit. He says, just going to say AVEX fast and XAP maybe, okay, but over here you click on the three dots and then you report and you can say this is unwanted commercial content. Because it's not porn. It's not hate speech, not harassment or bullying. It's commercial spam. That's what it is. So I'm going to report that and then thanks and then they'll review it and so on and so forth. So again, I can't do them all yesterday. I went through and it took me over an hour to go through all my videos and it's just getting to be overwhelming also to make sure it's not me. It's pretty simple. All you have to do is just click on the actual icon and it'll take you to their channel because you can create a channel. You can create a channel called President Donald Trump. You can create a channel called whatever you want it to be and just put the logo in and that's you. So Digital Asset News, this person has no videos, no plays, nothing. So obviously it's not me and actually it gets worse from there. I'm going to scroll up and show you something very interesting. First of all, there's Stansbury Research. If you've seen a couple of my videos lately, I've been following them. They're very great. They do a lot of good research and good great interviews actually. And this one is from, again, it's some kind of thread about contacting some trader at this number. It's just stupid. So if you click on Stansbury Research, they must be in it. It looks legit. Click on them and they have nothing. But if you go to their official YouTube page, they have 160,000 subscribers. They got all types of videos and content, everything else you want. So if you're ever in doubt, if it's me, just click on the logo. That's the dead giveaway. And then also stuff like this, any kind of phone numbers just automatically, I'm just going to do it right now, spam this guy. Actually, this is how bots work. They have one person at the top and then underneath. It's all a bunch of spam. Oh, and also you're going to see a bunch of different, actually very positive comments in the comments section for the last video. Because I talked about the website that I launched on yesterday and it is 100% free. It's super easy to use and I'm going to give you the link in the description. And I didn't really clarify yesterday. It's danteacherscrypto.com. But I'm going to put it in the description of every one of my videos. Just like this. When you click on that, it's going to take you to the website so you can sign up. And again, 100% free. And I made this with the goal of a couple of things. First, to make it super simple. Second of all, to make it structured. And third, because not many people have too much time, I cut it all the fat. I made it very streamlined. So if you come here, you're going to learn things fast and just get in and get out. So again, check the description for that. Let's jump back. So if you could help me out, that'd be great. All right, let's get on with the show. Welcome to Jalastet News, the top stories and crypto currency Jalastets and break them down into bite-sized pieces. Today, it's kind of a Debbie Downer Sunday. So first up, Canada's tax authority asked court to force crypto exchange to hand over data on all the users. And it's the exact same thing that happened to the U.S. in 2018 with Coinbase. So what is happening right now? Well, the government is going to get their cut also. In further heartbreaking news, crypto lender Cred files for bankruptcy. I've been reading different comments in the section. And I can tell that some people have lost a lot of money. And we have to watch out for these things because these types of instances can happen at any time with the right or more of the point wrong project. And we'll end it all up with some good news as PayPal integration looms, Paxo's CEO sees mass adoption for tokenized assets. And he's going to talk about tokenizing gold, but I think he's missing the point. I think really, if you tokenize real estate, that is the catalyst. And I'll explain that in a bit. But first, let's jump into today's market and see what's going on. So today, it is the 8th of November. It is Sunday and it's almost 3 p.m. Texas time, Houston, Texas time. And what do we got? Well, it's not a bad day. Bitcoin's holding strong. Hasn't done a massive drop like some people predicted. It's pretty much right where it should be, I think. We're on 15-4 and it's up 4.6 for the day. 12% for the week. Fantastic time to be a Bitcoin holder. Also, even better so is Ethereum. Up 17% for the week and 3.6 up for 24 hours. If you haven't heard in the last two days, Vitalik Buterin has put all the information as far as Ethereum 2.0 and how to stake your 32-eat to become a validator. I personally will not be doing that and I talked about why. But you can. Just check out that video a couple of days ago. And I'll tell you all about it. Tether's 17 billion mark caps, that's great. XRP is still a quarter. So hey, pretty good. 2.2% up, not too shabby. Bitcoin Cash, 5.8. Remember, they're gonna go through their hard fork coming up in November. So we'll see how that all works out. But sure, Chainlink's almost $13. Super happy. I like Chainlink. I like the project. So hopefully it keeps going up. But it's up 13% for the week. So fantastic. Binancecoin, Polkadot, Litecoin, Grana. Everything's up. What else is zinning down? Monero's up 5.4, great. For all you Monero holders. Tezos 4.7, wow. OKB 2.2, 8.3 for NEM. Whew, that's pretty good. 6.3 for Vechain, wow. And then of course, Celsius is about to hit out that $2 mark. Celsius has been on a tear this year. I mean, if you invested into Bitcoin or Celsius, you are way ahead with Celsius. But it is what it is. It's up 35% for the week. 6.5 for 24 hours. And someone asked me yesterday, they go, hey, why can't I just dump all my money into it? Because it seems like it's going up all the time. I was gonna tell you, this is not my first rodeo. And what goes up will come down at some point. It cannot go up forever. And just don't be surprised when it actually does happen. Hold back a little bit, because when the dip happens, it'll happen, it'll have some of the sidelines to invest into, hopefully massively. Dash 2.7, theta 4.1, still at 66%. I'm pretty happy about that. And then Ave up 20%. Wow, Ave's up, gee, 76, 77% in a week. I gotta really cover this a bit more. I always talk about this, like, oh, I gotta find all those. I never do, because there's so many things going on. I really am gonna put that on my list of things to do, which we'll usually collect us, and I won't get to it. But I'm always hopeful. All right, so that's what's going on today. Great day being crypto. Let's see what's going on as far as the bad news. So first up, well, this sucks. Canada's tax authority asks court to force crypto exchange to hand over data on all its users. Anything else is happening. So if you're in Canada, well, congrats, you got a great healthcare system out here. I don't know. Some people say it's awesome. Some people say it's awful. I tend to believe it sounds pretty good. That's not the point. The point is that Canada's tax authority is reportedly asking a federal court to force cryptocurrency exchange coin square to hand over information and certain documents on all of its users, since this is crazy, since the beginning of 2013. So my question is this, were they not doing this before? Well, they just like, no, sorry, revenue service of Canada. We're not gonna give you squat. And they're like, all right, that's fine. Seven years later, we'll get around to it. Here they are. That's amazing. 2013, you could have been having tax-free gains in Canada. Great, I had to check out Canada more. Anyhow, so the National Polish Report on Friday elaborating the Canada Revenue Agency wants to know the identity of every client of a major Canadian crypto trading platform, which is coin square, as part of its effort to fight tax fraud and the underground economy, which is kind of funny, the underground economy. Well, I guess it is. I will say this, at least it's not saying like all this illicit activity and this drug running and this terrorist organization. At least they're like, hey, it's an underground economy and we want our cut. So, Charles Drowin, a spokesperson for the CRA, our Canada Revenue Agency, states this, the CRA presumes the opportunity for non-compliance to be high. So, they don't know, they're just asking for documents. Like, is this really happening or not? Because we need to get our money and we don't know how many there is. So just hand it over, coin square is like, nope, I'm not gonna do it. The regulator told Journal de Montréal last year that crypto were increasingly being used to facilitate offshore tax evasion in the 54 criminal investigations it was conducting at the time. That's interesting. I mean, you can talk to Peter Schiff about that. Allegedly, allegedly, I'm not gonna say he's doing that, but allegedly that's what his bank is doing. Allegedly, don't sue me, allegedly. In the US, the Internal Revenue Service took a similar approach, asking a court to force Coinbase to hand over customers data and that happened on February, 2015, 2018 for which Coinbase rolled over and said, sure, which I'm not gonna say rolled over, like, you know, they really had a choice, let's be honest. All here who have ever been through an audit, raise your hand. Well, I have, I'm raising my hand, you can't see me, and it sucks. It's awful, you have to put in all your different receipts and documentation, you have to go back and you have to take a big chunk of time out of your life just to prove that you're not a criminal, and then you still have to pay more, which is what happened to me. You gotta pay, you know, that's just how it is. So the government's always gonna get their cut, that's just how it is. So if you're concerned about these things, I made a little video about it, how I'm going to pay 0.0% in crypto taxes, legally, which is the big thing here. And if you wanna watch that video right now, I'm gonna put a little tag at the very top right-hand corner, it's gonna slide right now, and you can check it out. All right, so that's it for that. Let's get to our next story. And worst news, crypto lender cred files for bankruptcy. What the heck is going on? Well, crypto lender cred has filed for chapter 11 bankruptcy protection in Delaware on Sabato on Saturday. In October, the lender published a cryptic letter saying that it has experienced irregularities in the handling of specific corporate funds by a perpetrator of fraudulent activity. Now, I don't know what that means in English. I have no idea. But it sounds to me like someone screwed up and someone ran away with the dish and the spoon and all the money. So again, different projects on this channel. I know this channel is just the news. And some say, hey, you really gotta get into other projects and really talk about these things that are outliers to make people a bunch of money. And I'm like, no, no, I'm not because I don't understand why people are like, let's get rich today. Like it doesn't work like that. It never works like that. It takes effort and time. And when you have these projects, you have to really do a lot of deep diving into it. Look at the background. Look at the people behind it. Look at the infrastructure. And I gotta tell you, there's a reason why I only talk about certain things on this channel because I don't trust anything else. I just don't. So this is a prime example. And if you've lost money, I've read the comments in the comments section. It's pretty bad. I'm really sorry for everybody that did. But this is what it is. So in March, several crypto lenders struggled to out of the Bitcoin crash with some making margin calls of a 100 million or more. If you don't remember, this was in March when COVID-19 really came about and it was like the worst day for crypto. I mean, I think Bitcoin went below 4,000. I think it was like around 34, 38 somewhere around there. And all these different lending companies were like calling it in like, hey, it dropped so much, your collateral wasn't worth squat. So you either got a, we're either gonna liquidate you right now or you got to put more money in. And a lot of them got liquidated. Celsius, just as a note, and you can check with Alex Pashinsky over on his Twitter account, even on the website, they liquidated a grand total of I think it was between like three and four people total out of all the different loans that they made. And people actually either either paid up or they made provisions or whatever they did. But yeah, they gave people the options and it worked out. So that's one of the reasons why I am with Celsius because when you have hardship, when you see like the worst crucible to really come down and they weather the storm, that's what a test of a company is. And that's why I put faith in only certain people and institutions. And lastly, it just says, cred CEO, his name's Dan Schatt, no kidding, no way. That's not made up. It's funny. Did not immediately respond to requests for comment. I mean, I highlighted this before the video, but I didn't see his name, Dan Schatt. Who's gonna crush that name? Anyhow, allegedly, allegedly. No, really, it's not allegedly. He's in chapter 11. All right, so let me know what you think of the comment section. Let's move on. Dan Schatt. All right, as PayPal integration looms, PAXO's CEO sees mass adoption for tokenized assets. So what's going on here? In a panel last week for the London Bouillon Market Association, PAXO's founder and CEO, Charles Cascaria, that's a great name, discussed the growth of PAXO's gold-backed ERC-20 token. He mentioned a variety of drawbacks that limit the utility of both physical gold and gold-backed assets exchanged on traditional markets, including limited market hours, high frictional costs inherent in exchanging physical bouillon. Because of their superior liquidity, transferability, and availability in point-for-out markets, Cascaria says tokenized gold and other assets as the future. And this only makes sense. So if you're talking about gold, I mean, Goldbugs say, you know what? This is a great store of value and this is really fantastic because you can hedge your bet and you can carry this around. I'm like, no, you can't. I mean, you can, you can carry gold around, but if you're like in a third world country and you're trying to escape some kind of dictator or some kind of like fascist regime which is just crushing the whole economy and the people in its path, do you really think you're gonna get out with some gold in your pocket or you think you're gonna get shaken down? Not by, maybe by the government or maybe just by people who are, you know, just going through the same hardships you are, like, hey, give me your gold. So, I mean, the same type of thing can be for any kind of asset. And one of these, there was a report that we talked about and it talked about portability and somebody said a very smart thing. They said, if you can remember 12 words, you can carry your entire fortune in your head because that is your passphrase. That's your mnemonic seed phrase for your ledger or for whatever else that you have that you can carry around all your different cryptocurrencies as your assets. I thought that's a perfect analogy. So in this one, portability, I think is key. Also, if you're trading, look, there's only one desk open 24-7, 365 and it's cryptocurrency. You're not gonna find them in the Dow. You're not gonna find them in Nasdaq. You're not gonna find the S&P 500. It just doesn't happen like that, right? So you need something that is liquid and guess what's liquid? This and you can do whatever you want at any time of the day. Sue, on top of that, he says one major barrier stands the way, adoption, which only makes sense, right? They can only get so many people to actually adopt. Today, PAX has a tokenized 75 million in gold or 37,000 ounces, which isn't squat. It's a fraction of the estimated 7.3 trillion global gold market. He believes, however, that a 5 to 10 multiplier and assets under management bring the total tokenized gold market above one billion is worth a market for tokenized assets would really begin to cook with fire. And for that sector, he's right. I mean, in that section, he's right. Like if we can get some kind of tokenized assets for gold or silver or whatever else you wanna tokenize as far as like precious metals, sure, gonna do fantastic. I see it a different way. I own gold, a little bit of silver and I own a lot of bear coin. Not like a lot of, not like grayscale level, but I wanna, you know, good amount for who I am, I would say. And when I talk about tokenizing assets, like gold is pretty cool, right? I mean, you can do that type of thing, but I think the big future here is real estate, real estate and land. Because here's an example. Let's say you go and you're like, I wanna buy a condo in New York on a high price, right? Well, it's $5 million. Well, that sucks because I can't afford $5 million. So how about if you could tokenize that condo and then you could say, I don't know, we're gonna rent that condo, right? The agreement is we're all gonna rent it for X amount of dollars per month or per year or whatever it's supposed to be. So I don't know how much that rent is. I've never lived in a $5 million condo in my life, but it's a lot of money. So if you have a bunch of investors into that, let's say you have, I don't know, let's say 150 investors, right? And then they're all tokenized. So then every month, each one of those people, however much percentage that they put in, they get money every month from that asset, which is the condo. Same thing could be, it could be for a house, it could be for a skyscraper, it could be for a strip mall, whatever else it is. But if you can just tokenize, because people know they're supposed to get in a real estate with like, well, shoot, I can't get in so I don't have that much money. I got crappy credit, and the bank's gonna check on me. I got all these problems, da-da-da-da. Well, guess what? For cryptocurrency and angel assets, you don't need to have a background check. You just need money. If you got money, hey, we'll take it. So then you put it in, you tokenize it, and every month you get a little bit of the pie. And that, my friends, is how you retire. So that's how I see it. I could be wrong. Let me know what you think in the comments section. And that's it for today. It's Sunday. It's a good day to watch a little football, a church, or whatever, a church football, whatever you're into. And that's all we got. I want to remind you, if you can do me a favor, check out my website, Dantages Crypto. Again, streamlined, simplified, super fast and easy. And I just try to break things down in the simplest way possible to save you time. It's 100% free. You can get started today. There's only five modules. There's not much information in there because I condense it to the simplest parts. Let me tell you, that's the hard part. And breaking them down from complex to simple, that's what takes the most amount of time. That's what we try to do here. So again, thanks for sticking with me. I appreciate it. If you like these types of videos, two months gonna pop up. I'm gonna definitely put the one up at the tax minimization video. You can check that out. And that's all. So thanks for watching. See you on the next one.