 If you want to stick around I'll do a quick session chat. We'll chat it up And we'll talk about whatever you want to talk about and that's it. Thanks so much. All right comments Sass finance as I sold on my bitcoins. Hey, man, if you're in profit or ma'am, I don't know Do what you got to do Just Three says just join that wait list for funsies. Ah I Okay, sounds good XRP wins Gary gets a new job Bitcoin and moon now order. We'll see I've heard some rumblings that there may be a Congressional oversight committee that's put together to talk about Gary Gensler in the SEC and how they've Not been perfect. We'll say Yeah, Vincent says SEC will ruin our four-year cycle potentially depends on when they've dragged this out You got to remember if anything positive comes out of the ripple case, which I believe it will It's not gonna look too good for the SEC and then that of course that's precedent unless they settle out a core Which I hope they don't and then moving on Eight out of discount. Yeah, Ada and all the ones we just named are at a massive dick discount Vincent says Rob will age take over crypto dominance next cycle Probably we talked about what I believe the next narrative is is web 3 and blockchain gaming and There was a document I took a look at stats. It's from Statista There's roughly seven and a half eight billion people in the world and three billion of those people are gamers And they that's a loose determination Depending on like if you're like a hardcore gamer and you you know You have it on your on your PC and you have graphics cards anything else So you have a PlayStation or whatever else you have or it's just playing your phone. They consider that gaming and They talked about the biggest section of that of the 3.1 billion gamers are casual gamers at roughly like 1.6 billion and they talked about the Asian markets of Just how many people are actually in Asian markets. You're looking at 1.2 1.3 billion So to me if web 3 and blockchain gaming takes off Why wouldn't the Asian markets take off on top of the fact that Hong Kong is just going through the process of of getting approval well, they're already been approved but The institutions are coming in to be able to make a crypto exchange and they're going to allow Retail to invest they've already done it with institutional investors June 1st They said we're gonna allow institution and retail to invest But you all have to come in and you all have to register and we're gonna make you an exchange and tell that time any kind of Trading here in Hong Kong is illegal and it's a fine and it's also jail time So they're not only they're doing too much in Hong Kong right now unless they approve somebody I don't know about it, but Hong Kong only has Roughly 7.4 million people China Mainland China is 1.4 billion somewhere on there 1.2 billion couple hundred million whatever But yeah, so we'll see how that works out and if it works out well in Hong Kong. Who knows might spread over to China That's right polish that turd We're already made a new pool boy. I have a pool. I have this one right here My dog always looks like he's Or she's dying, but she's just sleeping. She's old And She says but don't we need don't we still need to centralize exchange of on our front exactly good point We do need it to get our money into crypto DeFi is awesome It's awesome if you have Ethereum or you have any kind of crypto that you can use or wrap Bitcoin or whatever else But how do you take those dollars and put them into crypto? Well, you can go to a kiosk. Hopefully don't get ripped off I don't know if you saw that but there was a think it was You would say Bitcoin or something like that a kiosk that was an it was a Bitcoin ATM. It was just ripping people's money off left and right Got a lot of crypto Or in some other way You have family out in the different countries. So yeah, you need an exchange you know on and off run That's very true Bitcoin and everything else blows up when every place accepts Bitcoin or every place accepts a theorem or every place accepts crypto And you can just use that and move forward. So yeah but exchanges We need one and it looks like maybe Maybe if Coinbase goes down that Promethean will be the only one standing Wouldn't that be interesting if it was a public-e-traded company and you had a buddy who was in the SEC and You could talk him into giving you a life. I don't Let me take off my tinned foil hat Dirty dances. Rob, are you selling your securities or DCA's per usual? Here's the thing I did a video while well it was April 30th, and it was selling man go away and we took a look at the old adage selling man go away and Just by the different Circumstances, it doesn't mean you sell on man go away every single time And we took a look at it and it looked like this could have been a good time to not sell and I did not sell And here we are So right now I'm like well you got two options You Could sell right now I could sell right now you you do everyone do I'm not your dad you ever do You could sell right now and get out, but everything is down across the board 10 20% unless you're one of those like hey I Bought Bitcoin at $3 and I need a kidney, so I'm gonna sell sure whatever But if you're down, I mean if I'm personally I've been dollar-crossed every day So right now the last I guess I'm down over the last Week two weeks it'd be longer For me, it's not it's not a good idea so far unless you know The SEC comes out and just says hey guess what it was massive fraud and upon this he knows like FTX on buy-in So if that happens Goodbye to the market for a while, but it just gives you opportunity You could sell I'm not gonna sell right now, but I will sell and When I'm going to sell it's when there are specific indicators Which I have put a video together as a link in the description It's an every video I do It says when and why I'm selling 80% of my crypto 2025 And there's that video. I'd like you to watch and all my screw up Don't make these crypto mistakes another one Those are two of the most important videos. I think I have right now Yes All right Jibansum I have 15 can the sidelines waiting to buy hoping for more of a dip me too. I have to tell you Let me show you something. I will pull this up in a second. Did you know? I've talked about this before that there are Cycle lows cycle tops cycle tops cycle lows just like the four-year cycles. We always talk about the first cycle 2012 the first Bitcoin having 2013 all-time high 2014 dip 2015 a reset Did you know that from the top of the bottom? It was an 85% drop of Bitcoin I went from 1127 dollars to 172. It's a bit. That's a lot. It's a little bit of crypto 85% reduction just in Bitcoin alone Next cycle Top of 2017 almost 20,000 to the bottom in 2018 through 3270 that's 84% drop now then Did you know that in this last cycle? We had a having in 2020 all-time I 21 22 as a dip and a reset 2023 What we thought was the bottom at 19,047 That was only 71% down but in actuality We went out of 15,742 and that was only 77% Did you know that an 85% reduction of Bitcoin is down to 10k if we? historically look back Just saying My this might be a catalyst. No, I don't do. I think it's going to 10k not right now I I don't think Gary's got that much pull, but who knows Well, let me ask you this if it does go to 10k How sure are you that's gonna go? Back above 60k that's the question. You have to ask yourself to me personally. I Don't think it's gonna happen in 2023 Hitting 60k. That's kind of goofy. I Tim Draper still thinks it's gonna hit 250k by the end of this year and I think 2024 will be choppy But we'll hit that narrative and maybe by then we'll have this sec business a little bit more under control Maybe they start saying, okay, this is not a security or this is security and okay now we have Promethium up and running and you can buy any security that you want to doesn't really make a difference To the crypto project or not. Maybe they pay some fines. Who cares and then we just start paying just getting that one Then 2025 comes around, but maybe even 2026, but I still think we'll be above all-time highs by 2025 We'll see maybe I'm wrong That's just what I think that's what I think Mike says China will pounce or tassel with Hong Kong. We'll see it makes sense Mike. It does But it also makes sense. They want to push that digital you want No meme is here 100% all cryptos is good except Ethereum. I don't think that's remotely true If Rhonda Santis starts back in crypto more aggressive, I think it'll help in the primaries that and Robert F Kennedy jr. I don't know if you guys watch that Twitter spaces today with him Elon Musk David sacks and Bellagio was on there for some reason as a talker. It was pretty good. I like that guy He's got a gravelly voice though. Sweet Mary and Joseph That is not a voice for radio But hello voice for negotiating with other countries. I should say We have their coin Doge went to like 46. No. Oh went to 4 cents. Excuse me. Wow That sucks. Oh well David says hey Robert any harrow walls you recommend still using a ledger getting a lapel coming up pretty soon and then We'll see Everybody's freaked out about the the security update But like I said before numerous times for them to share your private key with the other Well ledger holds a third of your private key With the other two companies so it's three in total you got to pay them 10 bucks to them and do that And unless you do that and sign in they're not going to do it. However, people say but Rob, they can do it That's that's the point they can They always could They even admitted it So what's the difference So to me, I'm just like I'll probably just spread it around with an a lapel and Maybe get a tracer. Maybe get a ledger and also Maybe I'll even keep someone a centralized exchange sweet joseph. I mean it seems like If that if it's going that wacky maybe I'm gonna do that Does she buy doggie coin she doesn't do anything my dog Yes, very what's so bad about a back door, right? That's where all the hackers get in also that atomic wallet Looks like some people are getting into it. Some people are getting their funds back. They're actually coming back Some people are still saying here's my transaction hash, which they give it to zack xbt And he's tracking down, but it looks like it's still being up in the air Oh Here's the guy that I would have loved to have on today and the reason was because I thought man if if Bitcoin dominance doesn't go up By all these altcoins being named new securities Nothing will raise the bitcoin dominance up. Of course. I put that in twitter and people are like ben's full of it. He'll never get it Might actually happen Hey ben Ben we got to talk about the show on thursday traveling to london Yeah, I know I couldn't make it to miami, but I should have it wasn't so Why does my dad keep saying is not my dad. It's very hurtful I just got to remind everybody take responsibility. That's all that's what I told my kids too When I threw them in the pool You throw them in the pool and you say I can't swim not with that attitude kid Hey, man, I'm doing my best. I'm doing my best. I will say this though You know how we always talk about How these bear markets make bitcoin maxis? Who here is pretty happy that they have bitcoin today as opposed to finance coin cardano Polygon and not that not to have it but have all your funds into it because some days I think even me I'm like, maybe I should just do that put it all in polygon Ah, that'd be dumb But who knows Joseph says endurance tests keep bitcoin hodling true returns are marginal every other asset class. It's very true although Nvidia did exceptionally well meta did great And uh, I don't know apple. I don't know if you guys saw this but apple just did their their big announcement and it was like their their virtual reality glasses kind of like the oculus that meta put out And um, it looks pretty cool and everything but it's kind of like the oculus Whatever and uh, they're selling it this summer I think it's the summer for 30 3499 dollars I don't know who's buying 3 500 bucks for some stupid glasses, but have fun with that Oh, this is a great one. Rob. Who do you support as the next president before I tell you that? Let me tell you my religious preference and why No, I'm just kidding. I'm not even gonna get into that Let's see 23k sounds about right. Sure Kennedy. Kennedy's interesting Even my brother who loves trump loves trump Says that he thinks rfk could could win and I was like holy smokes Again, not a voice for radio that guy But very smart Safe belt. Sorry. It's called ellipal el li pal. I believe And you know what if there's one silver lining today Cardano is potentially a security file coin is potentially a security mana polygon Axi infinity, but you know what's not a security pepe coin. So for everybody who has pepe coin Congratulations, it's not a security yet polygon. Well It's a good question. Is this a break out of the dry powder days or more pain coming Who knows I will say this. This is why like and this is where me ben and guy disagree because They're waiting for the big big drop which potentially could come any minute shoe could drop And me. I just I'm not that smart. I just can't figure it out So I just dollar cost average every day. I will say this today It was a pretty good day for me because I usually execute those orders later off in the day And they kind of go randomly Bitcoin ethereum Cardano, solana Adam and a bunch of other things That is a pretty good day because it's down tomorrow. It could be down even more I'm not for sure how much more negative news we could get but it's crypto Uh, well, if you think it's if you think it's awful just wait it gets More off Yeah, yeah, let me fix that hold on Something like that. There we go There we go lying for sure apple high poison Ron DeSantis have heard of him Kanye Wildcard Rfk didn't have a great twitter space. He was really appreciative of uh of you on musk heaping tons of of Very nice compliments on him That's another one keystone wallet That's one of my favorite beers So maybe I should take a look at the wallet itself if anybody has used the keystone wallet Let me know in the comment section because I've heard it actually does quite well And it is open source as I've heard And hasn't been hacked Yeah And era says you don't think you're getting worse just wait a week me personally If you don't think you can get worse Probably not but I gotta tell you I don't See like a ton of pain Coming to where we're going to like bitcoin 5k or something like that or a market cap of of uh 500 billion or lower Or I just kind of always thought this was inevitable that the sec would sue all the exchanges and the exchanges wouldn't get off their duff And bind together to just to sue the sec and let them just get picked off one by one Then they would make commissions or And just say okay. Well, I will I will play ball and I will pay the fines and I'll register and they'll bring them in and That's how it would be and then there would there would be a couple of winners And there'd be a bunch of losers and then we would just move forward. That's how I always saw it I gotta tell you this will be an interesting conversation when I go to to london because last year I went to guy's event I sat there on stage and guy asked me some question about USA and I said, you know, what's going to not be popular And I said we need regulatory clarity and I could hear the groans in the audience And I'm like, I'm telling you right now if we don't get clarity It's going to screw things up for a for a long time And but once we get that it's off the races. That's how I see it Anyhow, that's it for today. So look if you guys like today's video thumbs up subscribe all that good stuff I'm traveling tomorrow. It's a houston. So, uh, no video tomorrow Wednesday, I'm supposed to talk with, uh Mickey walkins from, uh, roll noble token So I'll put that out as soon as possible. But if not, I'll see you guys in london. Thanks so much, everybody I appreciate everybody stopped by and I'll see you guys on the next one. Adios