 Yeah, what a day huh not mean fidelity news seems it does seem huge and Just picked it up. So we'll see how that works out and remember like I know that the the market sucks right now but hey, you know what there's a lot of things going on behind the backgrounds and I don't I just don't see how We don't increase over time. It just depends on the macro events. That's why I cover macro sometimes. I Admire the amount of corruption. It's really as impressive. That is true Bye-bye daddy. I'm nobody's that dad It's a good play that's a great comment I never thought about that real big fish plays the rave again. I'd get behind a fidelity purse of Voyager Yeah, so would I wow wouldn't that be a great way to for Cost of acquisition for customers. You don't know like it's it's pretty pricey to acquire customers So if you can just kind of pull them in through Voyager go look We know what you did over there. We're gonna offer the same thing over here It's gonna the same type of service, but we're not going to loan out to you know Three-hours capital and do stupid earn things I'm not place and blame. I know why they did it. It's just that let's just need time move on. All right No, I don't but Delboy says Rob, do you have any preference on who buys Voyager? I do not As long as they make everybody as whole as possible. I don't I don't even care about Celsius Celsius is a dead brand If they come through with that Bitcoin mining operation and were able to actually Perform that security token and later on when the IPO I'd get behind that I'm gonna be here for the next five ten years anyhow. So why not? David does bring it up sweat coin September 12th Also, I know people haven't problem with the sweat coin. They just updated the app So please download re-update the app or separate. Thank you, David Ah The Shaolin good point saying 2% inflation is ridiculous. I agree with James that to get this 2% as impossible We must service the debt and 2% inflation will break the central bank system James gotta Yeah, James got a pretty good pretty good beat on it He doesn't think we can get the 2% doesn't think we can keep raising and because it'll destroy the GDP I'm telling you He's right on that it will destroy the GDP and but I just got it You have to take a look at the lesser of two evils in all honesty Do we want to keep up with this inflation as it goes up and like what drum said the public perception is The most difficult thing to get that inflation right down. He talked about it in 1970s and 80s. I Think he's still gonna do it. I think everything be damned and then I think they're gonna overshoot and it's gonna overcorrect It's gonna crush the economy for a while then things will swing back remember There is a difference between Wall Street and the economy. I know people like to think that it's the same thing It's not it's it's really isn't there's a there's a big disconnect I think there's a disconnect to between sometimes the economy and crypto, but When it happens, you'll know exactly what I'm talking about. Thank you. I try to keep its tame No, okay with ETH goes the proof of stake does that mean they now have a Fixed max supply. I don't think that's going to happen Correct me in the comment section. I believe they don't well right now. They don't this is proof of work a proof of stake never thought about that Correct me the comment section. I don't think it there is no If they're even the foundation they've agreed that there is no max supply that can keep increasing and then Of course, but they also have that burn mechanism So that's what kind of keeps everything in in in state instead of going, you know, crazy high. Oh, I got that I think I went the wrong way. I Can see I can totally see the Fed changing the target inflation rate to three or three point five once you start easing Let's them reach it. Sure. Why not? Maybe they could just come on and go. Well, we did a pretty good job. It was that it was a 9% We got a 3% that's pretty good done for the day close enough for government's work. You ever heard that phrase? I would totally Be justified in this situation Yeah, not fix a fly I don't think how they could do that I just gathered we go over Luna classic. No, we will not be going over that I know people I made a lot of money. A lot of people lost a lot of money Luna classic I know it just I think it's ranks gosh. It went up there But I think people are shorting it right now. I'm not for sure But if you're a trader that sounds like a good thing, but this that's not my my field of expertise as people clearly know Yeah, thumbs up, please. That'd be nice Any new thoughts on Hedera? No Well, there was a story that we did the Not too long ago, I think was it it was about transaction cost being a fraction of a penny and NFTs and something else sound like it's pretty good But but beyond beyond that not really Yeah, my condolences to all our friends across the pond Not everyone in the UK is a royalist. That's true This one this one Christopher McCarthy is the housing market going to dip further. I don't see how it couldn't I mean The supply is remaining and the demand is a little bit waning but not as much as I thought it was I was not not correct on that and it just depends on different it just depends on the different locations like if you're talking about the housing market in Austin or Florida or parts of California It's booming right now. People can't get into houses fast enough But through other parts of the country, there's a little bit of a lag but the but the big question to ask yourself is is this is the supply more than post-COVID or pre-COVID and how much are we talking about as far as like the supply versus the demand and I I'm kind of Kind of expecting more of a slump as time goes on because as the as they raise the rates which they are Then people get priced out of homes when they get priced out of homes because you don't You buy a house usually just by going there and saying this is how much I can afford per month Okay. Well at 3.2 percent die annual percentage rate You know, whatever that house is it's a $400,000 house. Well, I can afford that, you know, $2,500 or whatever else it is Debt but if it starts to go from 3.2 to 4.6 and 5.7 Then all of a sudden if you use that amortization table and take a look at it all of a sudden you're Priced out and then you have to back out and then of course that leads to more supply and of course less demand There's still the demand for a house but not those expensive houses Then they have to bring the houses down and the people then the people actually built those houses take a loss and off it goes From what I've heard from different developers. They're actually trying to Build houses that are a little bit cheaper than than like the Nick mansions. So we'll see I'm just waiting I'm waiting for next year That's it click bait. I don't know Yeah, probably that's my job, right? My job is to get you to click on it Let's see But be truthful So if you miss the tone if you miss the the story and watch the replay I don't got time for it. Ah That's true. That's very true Brandon says the queen had a good run historically significantly. In fact, it's not sad rejoice She did something literally nobody else in history has done and now she suffers no more. That's a good way to say it Brandon Oh Denver is the same way Robert that's a good one. Oh, that's right. Callum I think the Burmack as in this is for Ethereum after the merge increases, which is theory let it theoretically make ETH 0.4% inflationary We'll see Wow, George. I'm glad you're here. I'm really glad you're here I'm selling a piece of real estate and want to onboard into an exchange is it safe to store six figures on exchange or Should I convert to USD and self custody? George, I'm so glad you're here. I'm gonna tell you that there are these rules that I wrote for a specific reason and They are right below you The rules the rules are for me You don't have to follow these but these have done me quite well over time Don't invest more than you can afford to lose and assume it's all gone Everything that you run into is a scam until proven otherwise Leave absolutely nothing on exchanges Don't use leverage for trades And take profits along the way because nobody ever won broke taking profits this next one There's middle one nothing on exchanges talk to the people in the chats Who put their life savings in a Celsius and left it there talk to the people in the chats? Who put their college tuition into Voyager and it's stuck there So George, I'm gonna tell you with conviction Do not leave anything on any exchanges for any length of time as much as you possibly can and self custody And I cannot make that any more clear than what I what I just did. I'm glad you you stopped by David we need to be in DC tomorrow. I will I just got I've reached out to Ben and James I think it's on I think it's on James's channel. We'll go from there Whoo Celci claims are being bought up for 30% of their value to think what we'll get more than 30% of bankruptcy now That's why if they liquidate. I think it's a bad move I think we have to move forward with them and hopefully with that Bitcoin mining operation because it will be profitable just will take time That he white was cooler. They white was great. That's a great question Aquamar Sunsal nailed it. Why is some staking not as easy as a to stay? I don't know but I gotta tell you one thing the Cortana didn't break out the bank great out the park or great Out the gate was the staking. It's so simple There's no slashing There's no lock-up periods. Yeah, you can you control your private keys just like the last question we had, you know control your your keys not your keys not your crypto and In this situation, Cardano is the best out there. I think Ethereum minimum 32 You can have you can go through slashing. They can you know, it's a real and then of course the lock-up periods Which also by the way when this merge comes through you still can't un-stake your Ethereum if you wanted to you have to wait till that Shanghai Protocol update in six to twelve months. So with Cardano. Yeah, we have a stake pool You'd like to check it out. There's a link in the description the D new stake pool We have two but we're only like a quarter full on both of them so if you want to stake with us four to six percent AP AP Y or return on Ada and We haven't any problems in over a year and a half Is life peering good? I don't know about life here. I can't I I can't talk about it because I don't know it Louis says the next six months will open another opportunity. There's always opportunities ahead. It's just You know getting getting your mind right and it's tough But you guys can do it. Like I've always said if you're here right now in the in the grips the bear market Mentally you're stronger than 90 some percent of the people out there who who cut and run which is okay, you know if you if you can't take it It's fine. Just go out, but if you're still here and holding on It's gonna get you're the ones that are probably gonna do pretty well as time goes on They so the homes just get snapped up by people leaving LA and New York City. We'll see. Yeah, I got no financial fights. I mean, I guess Self-custy isn't James has always got interesting numbers great Great George. I'm glad You're welcome Talladega steak with D news great Yeah, I mean, I've tried it with a vax. We we ran an a vax steak pool and It's it works. Okay, but it's just not as smooth as As Cardano just not Digital cable when you announce in the D's winner. So the premiere of the there is a pro a project I love I've been with them for eight months or so I bought my NFC back. I'm not big in NFTs. They don't make any sense to me period but I love the community and we did a premiere with cookie and and Michael From the D's nuts project and that premiere will be out in about an hour matter of fact And it'll be a live from here So it's pre-recorded But I'll be in the in the chats and they'll it'll roll over to a Q&A with Michael and cookie from from the project And it's pretty good I mean, they do a lot of great things for charity for cancer testicular cancer and breast cancer They've got some real-world utility, which is pretty nice And they got a fantastic community and it's not always about making things so damn serious sometimes you get a laugh and that is Exactly what they do to a great extent. I love those guys I'll go okay. Yeah, I'll goes real okay. It went from 1200 transactions per second to 6,000. It's gonna be awesome Robby thinks Charles will be successful at convincing Ray Godis-Cornado is not a security. I Have you ever heard Charles talk in front of Congress? I mean he was there not too long ago He's pretty convincing fellow. So we'll see what he can do and Actually He might I think he's accepted to be on the show on the 23rd or 25th. No, it's not right 27th, I think it is so I'll ask him that question actually Why does Carnaval get so much fud? I don't know Just like everything else, you know people get if you don't invest into it, of course, you don't understand It's hard to really get into it. It's it's hard to be objective even with even for me like, uh, I think it took me quite some time to to get into Other coins outside of bitcoin. So it just takes time And then some people say it's a ghost chain It's awful and then some people say and just just pick a chain There's always a problem like a theorem they always say that it'll never go to e2.0 And remember this merge is only the second step. The third step is is Sharding then they talk about Solana being too too centralized and down for too long and different problems and so on and so forth Then they talk about Avalanche and different issues that they're having over there. I don't want to get into that So everybody's got a everybody's got an issue with something even people with the bitcoin They say it's too slow and it's a boomer coin doesn't really work out. It's not a store of value and so on and so forth So just take your pick Um, that's why I diversify a little bit because I don't know what's gonna happen Ah, this is a good one butawii najabu Matabu any thoughts on your djn fame. So there's a second channel It's called uh, dan djn and there is a link. You see I can find it There is a link in the description or looks Just like this dan djn second youtube channel and that's for the very risky risky plays I even say channels all about new products very risky And all underneath here five percent djn plays. There's a There's a spreadsheet Let me just copy that and it shows you how we've done so far or Fame So fame was one that we That we covered because it did actually quite well But right now it's dropped off the face of the planet fame was pretty great because what they did was It was a crypto finance smart chain Built on top of it. And what it does is is fame is a is a mixed martial arts Federation in in parts of europe and what they do is they they pit influencers against each other and they pay Well, they used to pay them in cash Now they pay them partially in fame and a little bit of cash and kind of back back and forth and I just the whole Understanding and what it was all about was that would be do very well Because of that aspect and it did initially so when we got in it was a penny We got a hundred thousand tokens and then we bought that You know as it launched and I went to 47 cents. We did pretty good now as you know On this channel There's a thing that says take profits. It's right on it's right under batawi's face as if I move them take profits And we did took out the initial investment and plus some but then let the rest of ride and right now It's doing awful that's a point zero one just a little bit above what we paid before and it's probably lower than that That was on august 17th. So Yeah So probably lower maybe even below what we paid so These are all down, but we've done pretty well so far like in so kishi. We bought it at Penny and a half went up to a dollar 60 now. It's at 20 cents. It's probably lower ever dome A fraction of penny went up to eight cents fame So again, these are very risky plays I think because the market's going down Of course fame and the token goes down when once the bull run comes back. It'll come back but It's just how it is for all those things James said sold going to $900 at one point. Hey Don't forget the guy that's talking to you right now. Remember did I not say that bitcoin is going to $150,000? Got that wrong. Did I not say that a theorem is going to $10,000? That was wrong Did I not say that caron would go to $3? I did get that right But that was just uh, these are just guesstimations and of course we know the of course the vgx token To $30 once at 29 cents to seven bucks, but still awful call rob awful And uh, that's what's up. So we don't all won't get him right, but maybe in the future we will Did I miss the luna classic talk? No, this is pretty much it. We're talking about it. And that's the That's all Let's see. Thank you crypto nights. I appreciate it Jaddo says is this your house? This is not my house. This is my mom's house is in the basement And it's a very nice green screen, but it looks good, doesn't it? Let's see That's funny. That's funny aburity Yeah I'll even show you like, uh, let's see There's my nft right there matter of fact So let's see What else I forget What do you think about cosmos adam? I think it's a great project Uh, I think it's one of those I believe it's a layer zero solution and uh, I still own some still on a good amount actually And I really I haven't started back dollar cost averaging into cosmos, but I'm waiting for some time I think it's gonna do very well and it's got a lot of good projects on it So I don't see we got a good team. I don't see why it couldn't do very well in the next bull run You know, I don't but the thing that lucas that concerns me is I haven't heard much news about it. Maybe I'm just not doing the right Investigations in the right place. So if anybody hears anything about cosmos, let me know I think uh guy over coin bureau did something good. No jungle links here I don't think theory classification will be a death sentence. That's true It just means probably we'll have to report key info which is great for investors And it's a good point by jungle if you don't watch jungle link When I first got on the crypto I watched him I catch his videos every so often whenever he puts them out. I think he's getting kind of lax on things That's okay jungle. I know you got to got to work But it's true Just because you're delegated as a security doesn't mean that you just go away. We trade securities all day long, right? I called stocks So it's not a big deal. It's just that you got to jump through a lot of hoops and I think How I see things going is like this To be registered with the sec as far as security will probably take a lot of Legal implications and a lot of money and a lot of these projects may not have that much money And they just kind of will fade away, which I think is actually good. Let's be honest Some of these projects don't should not be around So then I think what the next option that will happen is that the projects that do Actually have the money and do have the the staying power can actually buy into the process Go to the whole paperwork jump through all the hoops and finally be registered under the sec as a security Then the exchanges can list them the next step I think is they will go to these other smaller projects and go we like your project We're just going to absorb you how much you want for this project and We absorb your developers because we just saw how much the developer makes and how little they actually are Especially for web 3. So why wouldn't just go to another project and go we want you We're going to Assimilate you into our project and work very well for facebook and it also worked very well for amazon I think that's the next evolution Rob You questioned why someone over 50 would want to invest in crypto a week ago. Would that be I don't think I said that If I said it and it sounded like that. That's not what i'm talking about If you're over 50 Here's another thing I When I look at things to invest into I look for some asymmetrical bets, right? And I also Diversify as much as possible So there's some that are a little bit more risky like crypto and there's some that are a little less risky like You know masterworks You know for the fine art fractional. I shares of fine art and real estate These are the things that I don't know about much about art. The real estate is pretty pretty solid reasonably solid So I kind of juggle between those two. So if I am an older person, which I am Around this age Ah If you're 59 years old and you want to get into something I can't give you advice But if I was 59 years old and depending on my Condition health wise what my goals potentially would be if I think I'm gonna live till 90 um Then maybe I go for a longer play as far as investing, but if I'm like, you know what Equities how much are they gonna return? Well statistically for the s&p 500 looking at 12.7 percent or a year over year not bad, right 12 percent great But I'm 59 or maybe I want to flip a house That's a lot of work and then of course there's a little bit more risk doing those other things and then maybe Uh, of course if I buy those houses then I have to get on the 15 or 30 year mortgages That's great. Maybe the kids will want it, but maybe I diversify a little bit into a crypto digital asset just something again What do we talk about on this channel? We talk about the rules And the rules look like this Don't invest more than you can afford to lose say it's all gone If you say it's all gone and you can't go and go I'll just put my life savings into luna classic, you know So if you're thinking about it, maybe you smart small $5 is dollar cost average into something very Safe like a bitcoin or an ethereum or something like that and go from there So I don't think it's a bad choice at all diversification. I think works much better That's me This is a good point free kekistan I'm not complaining. I've been holding karana forever. But why is everyone so hyped about it lately? I heard someone something about vasal vasal. I said and that's the extent of my knowledge. So remember Vasal these upgrades one of the knocks on on kardana was that it's kind of slow as far as transactions per second And what they want to do is in this upgrade with vasal is thing called pipelining The pipelining apparently allows that to open up and increase the transactions per second to Actually really didn't say but I know it increases it from a good amount So from there, we'll see how it works. I think that's the big thing and then also for developers to build on it I think it's another big positive for vasal. So That's one of the reasons and then also it just shows that you know the The kardana to go from The things that they've done and then kind of go through these upgrades and it's not just like these upgrade the code and that's it you know, they have to talk to over 50 plus exchanges and they have to be tech support as they do it for across the entire globe It's a pretty massive undertaking. So I think that's one of the reasons why people are excited. They they can pull it off Even though they have only had to delay it at what a month or so It's pretty big. So we'll see Yeah, we'll see if he shows up I think he will Uh, I don't get it I don't have any points taking my eith for four percent. There's any other advantage other than four percent interest in scone I don't I don't like the fact that you know your kardana's stake for so long or your kardana your aetherium Is staked for so long. So you it's at minimum six months and 12 months But four percent I mean if you want to I just Don't like the whole process. That's all Uh dancing cow. Love you rids. Thank you lost the money when the crash We all did but made my money back and more on the dead cap bounce left profit made in and it's up 190 Go figure right go figure Funny that is the the best phrase in crypto so far Uh Homes in california are one million jeez. Cramming christmas really Probably still i'm not Y'all getting timeouts Now larry wilson every review divi divi is a great project and uh, i'm at the founder in portorico real great guy and had breakfast at his place with a bunch of the different people and divi works really well and it's it's like You can you can pay somebody via text message. It's pretty cool. And uh, just hasn't gotten much traction. So maybe I should Talk more about it Where will sweat go? I don't know Like I said, I did that deep dive on sweat coin and there was some pros and cons Uh, the pros Is that they were a web 2 process for 110 million now. They have over 13 million. You know since april They have 13 million wallets crypto wallets created just for sweat coin 13 million I think that's the fastest while the cryptos that are out there correct me if i'm wrong in the comment section But the problems that I see is that it's built on near protocol And that's a lot of transactions to go through so hopefully near protocols up the task and if they are Then that would be a probably a big project to look into near protocol It should work in spain correct me if i'm wrong. It just doesn't work here in the states because you know genzler Genzler, I know you watch so I'd like you to chime in That's where I got it 3d green screens Yeah, mullet. I talked to him a couple weeks ago. He's busy playing golf Thoughts on phantom phantom could do well. I still have some phantom Yeah, when mullet I should probably text him today. See what he's doing. I will text him today Yeah, watching best answers good guy got a lot of good information Uh bend to No cosmos is also taking uniswap And so who's next to put over interesting did not know that see Tell me of the guys that you people that are here right now Um are the real deal Not the ones from the from the bull run days SEC doesn't have the budget to review thousands of coins tokens So it's up to the project to make sure they aren't a security It's not another another point to think to ponder. So think about this If the CFTC says, okay, we're going to take a theory on a bitcoin. That's it SEC and remember it's not the it's not the job of the SEC to set policy to set law They're not that they're there to enforce it So that has to really go through congress and legislator So if they're going to say Okay, everything is a security Whatever then all these products have to come in how long do you think it's going to take for Project number 287 on coin market cap To flow through the sec that's something to consider And that's why I think there's going to be a lot of consolidation But wouldn't that be not a bad thing? Exactly Exactly My girlfriend asked me why I since you know what youtube is because they're addicting sometimes Uh Okay, I think Let me make sure I didn't miss anything No, I'm the farthest thing from Zatoshi. You could possibly get George should not convert to usd George should not convert to usdc and self-custody You got a self-custody That's that's for sure Sweat will be available as an erc 20 Ethereum token and a near token. That's right I am and in that note That's it for today. So look guys, we're coming up on an hour, which is a long time, but um, this is great It's good times. I always like hanging out with everybody. So if you like today's video This is that last part. Give it a thumbs up consider subscribing. Hopefully youtube actually You know reports to you and tells you it's going to happen doubtful But if it does that'd be great. That's it for today. So thanks so much for stopping by It's been awesome And I'll see you on the next one, which is going to be in 45 minutes the premiere. So I gotta get out of here Thanks everybody. Adios