 Great welcome to gelasa news to get top stories in crypto and break them down into bite-sized pieces today It's the thumbnail suggest I missed some opportunities yesterday I want to talk about those first and then we'll go into the news So we'll talk about just the things that I really should have talked about yesterday as Bitcoin was starting to plummet which was almost like a little little flash Not even a flash crash. I would just call it a pullback manipulation. We're gonna call it But there was some there were some key points that I just left out Also, we'll take a look at a little clown news New York mayor Talking about Bitcoin mining how he supports Bitcoin, but the mining itself He's got a real big problem with all of a sudden and then lastly we'll take a look at a little story of JP Morgan versus Robin Hood and how that all fits into as to what to look into so All those things and then lastly will just do a Q&A So please hold your questions tell the end that would help out you can put your questions in but I might not see them later on and That is it and then let's jump into the market and just so you know that if you're watching the live stream obviously there is no Time stamps, but if you watch the replay there be time stamps below you do every want to news will take about 15 minutes or so Sometimes even longer maybe 20 and then the Q&A goes a little bit longer depending on the level of questions that we get So that's it. So let's jump into it and not waste anybody's time. Shall we? All right, so here we go Today I want to start with this Because yesterday during the live stream It got a little heated when I was talking about the prices and people were really going a little bit Little crazy because they're like Rob. Everything is dumping. That's dumping. There is a crash Everything is over the account. Why can't you not see this? This is ridiculous and it was literally literally one of these it was Where did it go? It was literally looks something like this Where within like this is a five-minute chart and it just dropped from like 45 K within five minutes It was ten minutes. Let's see five ten fifteen twenty Roughly about 25 minutes. So it dropped all in like 43 K. It was amazing and that's just how I went and As I was doing it. They're like, hey, can't you say that things are dumping? Hey these things happen This is crypto, but the opportunity that I missed there was a little bit bigger than What I should have been talking about and I'll get to that in a second But this is what we have right now for today and I want to want you to notice something also And that is that there's also some missed opportunities I have which was looking at the market cap So depending on where you go and you've seen this all around this is sand base It's got you know, it's got sentiment analysis on chain analysis developer activity all that great stuff, right cool So Bitcoin price, let's just stick with that for a second 43,000 a 10 Here's the volume 33 billion so one day percentage. It's up about 40% and that's just volume So a lot of things going on a lot of cells the buys and all that market caps here developer activity 84 developer to 30% is there's no data for today for whatever reason and then here's the active the daily active Addresses and this is where I look to to see like our are things growing. Well, it's down a percent over 30 days Okay, what about a theorem down 8% what about tether down 21% Binance going 100% so people just aren't using it as much as possible 11% is it's up for Cardano I don't know people are like Rob. It's up. Okay. It's up great Hex down 41% so on I know data Doge coins up 15 and so on so forth so you can take a look at that and that's what's going on But I want you to really hone in on this just real quick This 2.173 to almost 2.2 trillion depending on where you go If you go to coin gecko the market cap Let me refresh this just to make sure because people are like Rob's old. He doesn't know how to refresh first of all That's pretty funny. So first of all, I am old and second of all I can refresh I do know I have that ability But mark cap here is 2.07 not even close to well about a hundred billion off and if we go to coin market cap Com it'll say right here The global mark cap is one point below 2 trillion So depending on where you go You will see different numbers and to me the only thing that I really care about is what my portfolio says and where I am Selling it and where I am buying it that is the big thing So if you look at all these places, hey, it's it's all over the board Depending on what these different platforms will actually do so that's what we have in the market Just so you know because we're attached to the hip apparently With the S&P 500 it was a little bit of a dip yesterday for them as well Over five days looking pretty good over a month. Yeah, so got so good But six months, it's it's in a little bit of rebound and the NASDAQ also took a little bit of a plunge So expect today to well, who knows because nobody has a crystal ball But it'll all depend on the opening opening bell, which is another 15 20 minutes. So but I mean look NASDAQ soon Okay, so this is what it comes down to this made me to my first point Missed opportunities and I missed this yesterday because as I go through the news, I don't usually check on the comments That's why I'm always asking you guys to hold the comments and questions till later but I got a bunch of this which was As things were going down people like hey Rob, you know It's dumping. It's dumping. It's crashing. You got to be aware. It's crashing. This is awful It's over and when and you can go back to that video and check a look at the live chats it's pretty fearful and Later in the stream, which was like 20 minutes maybe now like 15 minutes later towards the end I saw the comments. I'm like what and I looked at the chart And I'm like it just went down like like at that point was like 800 bucks and I was like guys This is not a crash. This is this is not a big deal. This is crypto and I missed the opportunity to explain everybody that Crashes here are different from crashes in traditional markets I think I forget and I get sidetracked because I've been in this space so long that to me It's not a big deal, but I realized I realized that it's a big deal for a lot of people So I need to take a step back and just explain some things Which is if you're new to this space don't worry if you don't like the price just stick around It's like the weather in in Houston You know like the the weather just stick around for like five minutes. It'll change And it's the same thing with with crypto and digital assets So like we saw this yesterday It just cratered and then immediately it went back up So the thing to remember is don't freak out. Don't panic sell don't panic buy and just make sure that you're just a little bit of ice in the veins and To determine what you would consider I consider a crash 50% or more in 24 hours Yes, that's what I consider because I went through that in March 2020 when that thing called COVID came out and Bitcoin drops again like 50% in like 24 hours and it was it was crazy and That was one of the Israel like shoot. Maybe everything's gonna go down and it's gonna be awful Not so bad and then we move forward and then of course the Fed comes out and starts talking about we're gonna raise rates and everybody goes crazy and they sell and You're like what why is this happening? This doesn't make I mean as time goes on It'll just take the time. It'll be okay. And then what happens it comes right back so now The opportunity here is just like if you would have just sat on this And just go okay Well, let it go down a thousand or 1500 whatever else and started to buy in this in this range Right around here. You've been pretty good now Going back. I Will say this 43 7 that's like Essentially Right around here this green this this green up arrow So it hasn't gone back to 45. Well, it did but it came it came back down and that's the big thing. It's volatile. So We see these things don't freak out Crashes are a little bit different depending on how you define them But if you've been around for years like I have it's not a big deal. It'll be alright Just relax and it lays me to my second point missed opportunities are not just holding and doing nothing Sometimes the opportunities are selling and getting out and taking profits and nobody talks about this when I got into crypto No one said a damn word about you know at some point you should take profits because I'm not a financial advisor and this is just what I do in my opinion financial opinion not financial advice But if you take a look at things I need to warn you that what goes up must come down It's it always happens and it doesn't matter doesn't matter How much you think as far as like your rationale it will happen? So I've been talking with this great project against the key sheet and it's a great project. It's still a great project and The reason why it's a metaverse play I've talked about this a thousand times They've got a play that they have an actual working product right now for free-to-play game Which is on PlayStation. It's on Nintendo switch iOS and Android and they've been doing this for eight years now Switching over the metaverse and they're already teaming up with Polygon Studios and they're building this on Polygon Which is the smartest move I could they could probably make and I'm like this is a slam dunk This will work pretty well. They already know gaming now They know the NFT the crypto the digital asset side now They're getting the metaverse it should be too right and it does but the thing is you have to remember this is That as great as a project is how it is it what goes up and this is where we started This is 20th of January when it came out 39 cents pretty good And it just kind of a little sideways when it starts to go up like this and you know And of course right here at a buck 62 you're like, hold on. Let me see. That's like a 5x and not too much time maybe Maybe take a little bit of profits now you can do whatever you want to do and people will say but Rob I don't want to take profits because of capital gains tax in the short term and blah blah blah That's fine Then you can sit on it and watch it go down And then he's right it out and then wait till it goes up and then wait for a year And maybe it'll be higher or maybe it won't it just depends on what you want to do But I will tell you this and I cannot stress this enough What goes up Must come down and if you want to take a little bit of profits you don't owe anybody anything except to your family just remember that because all this different diamond hands and and I can't believe you're so weak to sell is You have to remember that people don't want you to sell Because they want you to hold So you can drive help them drive up the price and they can dump on you And of course, that's just one part some people really do like hey, you should never sell because it's what it is And yes, you can take out loans on crypto. I've done that myself This is how I paid for part of this house. I'll link the video in the in the description. So I'm just trying to Step back from the curse of knowledge and just kind of break it down as best I can so let me think about that in the comment section Let's move on to just some some news And maybe get into as I like to call it the clown news. So the clown news today. I This is pretty good. Let me come over here So either the either the New York mayor Didn't know this. This is the new New York City Mayor Eric Adams. He talks down Bitcoin mining Either he's crazy then understand this or crazy likes a fox. I'll explain a second So in January New York City Mayor Eric Adams confirms that he will take a Bitcoin salary for his first three paychecks That's great. Good for this guy, right? And this was And this was in January everything was down. So he's probably up pretty well good for him But according to Cambridge Center for alternative finance The US accounted for 35 point four percent of the global Bitcoin hash rate back in August 20th one Hey, look at us Looking back to the pre-China ban the US hash rate had only been 16% so we doubled because China made in my opinion in a Amazingly big blunder by banning Well, a banning mining Bitcoin mining has come under increased scrutiny and energy crisis in Eastern Europe leading to the ban of crypto mining And now when I saw this I'm like, what are they talking about? This is what they're talking This just came out today Kazakhstan which accounts for a large chunk of the hash rate is taking aim at Bitcoin miners with a tax talk of 500% 500% tax. Let me blow this up so you can see it better Not that much So the coastal government imposed an outright ban on crypto mining blaming the ban on energy crisis as I understand There's some problems in Europe pipelines Russia China everything going on there miners from Kazakhstan Have not been much better In January a country-wide internet blackout impacted Bitcoin miners actually shut them down and Because there was no energy Kazakhstan however Which was the world's second largest Bitcoin mining nation behind the US and they're pretty big look at Russia though Not too far behind now. I think we can understand why Russia wants to legalize crypto and digital assets But there's way beyond that and then moving down here This week the Kazakhstan government reportedly considered a 500% tax on Bitcoin miners because they don't want to deal with it. They're like we need the energy And we don't want you guys to do anything which again, I think it's a short-sighted thing, but hey I'm not in that country. So I have no idea the the minutiae what's going on So an introduction of punitive mining taxes will undoubtedly force miners to relocate There's a great state. It's called taxes and we'd love to have you so just come on over here miners and we've got great energy efficient devices like wind and Solar and we got a ton of gas. So if you're worried about the ESG problem It's okay. We're doing pretty good with neighboring states and countries beyond taking an anti Bitcoin mining stance. So that was that first part I'll get to all that stuff But the whole reason why why Eric the New York mayor here is is really towing the line of saying Hey, I like Bitcoin, but not the Bitcoin mining part, which okay, sure So this was there was some key stats from that study from Cambridge at the crypto mining hearing And now you have to take this with a grain of salt But this is what it says a single ETH transaction adds more than 90 pounds of CO2 a Single transaction of ETH a single Bitcoin transaction added more than a thousand pounds before you dismiss it You got to take a look at the facts and the data and you can't just say well, that's not true Well, is it is it? I'll get to that the global 2021 CO2 emissions of ETH and Bitcoin mining are equivalent to tailpipe emissions from more than 15 and a half Million gasoline powered cars in the road every year Bitcoin accounted for 9% that so if you're looking at this and look if you're the New York mayor You're like man, I got to get out of this. You're like well, this could be This isn't good for me So maybe it's not so much of a clownish thing. Maybe it's actually he's doing the smart thing or maybe he's like, you know what? Maybe we can get some type of tax incentives or maybe we can start to shift off to electrical power and maybe I just said that Because it's what my constituents want and I want to get reelected even though I've just got just got elected So let's continue this and I'll talk about why this is kind of ridiculous So at a local government budget hearing Adam's reportedly voiced his opposition to crypto mine this week for New York City and its aspirations to be center of operation of Innovation and of course they're using city coin just like Miami. So I'm like That's kind of clownish. I mean, let's be honest If you're gonna say Bitcoin money is not good But but Bitcoin is what we're using the city the city coins program Just like Miami is so we can actually do profit sharing and kind of reduce our taxes What are you talking about? For those who believe that Bitcoin mining is not environmentally damaging coin chairs publish a research paper just this week The stats were vastly different from figures floated by the government I'm just gonna give you a quick rundown of what that is Because this is beyond the scope of This video Guy over a coin bureau did a great breakdown. You can check out that video, but here's what it says the Bitcoin mining network emitted 36 mt of co2 in 2020 and 30 mt-20. I'm like what the heck is mt. I have no idea what that is So I had to take a look mt Carbon dioxide equivalents are commonly expressed as a million metric tons. Wow. It's a lot Okay, so I got it got that one So the us in china just so you know had emitted 5,830 million metric tons And 11,580 million metric tons of co2 emissions in 2016 Which is when the hash rate wasn't that much for bitcoin we could say emissions estimates for minting and printing fiat sit at approximately eight Million metric tons of co2 emissions per year and just so you know Just as a reminder the bitcoin mine network 36 million metric tons And 39 let's just go with 39 Make it run. Well, let's just let's just go with 40. Maybe it's up this year, right? So 40 million metric tons So just minting and printing useless cash. What's not useless. I still like to use it uh, it's eight This is interesting the gold industry is estimated to generate between a hundred And 145 million metric tons of co2 the global banking system Sets at 264 terawatts, I believe this translates to 130 million metric tons of co2 emissions each year so When we take a look at these numbers You just have to take it with a grain of salt and go You can manipulate numbers and move them around as much as you want to but just an interesting piece to say Well, when someone comes up to you and says, hey, you know, that's really bad with the environment You're like, well, is it is it really depends on the study that you're into so Let me just think about that in the comments section. Let's let's finish up with a little piece I call jp morgan verse Bitcoin oh before we get into that I didn't know where to put this but I thought it was interesting I know I'm a little over the place but uh this is from charlie baleo On twitter and it talks about global inflation rates. I just want you to notice something Japan year over year percentage is only 0.8. Saudi Arabia 1.2 Probably a lot of people are moving there switzerland 1.5 china 1.5. That's pretty good And I want you to notice something two of the bottom dwellers 7.5 percent and 8.7 percent so I don't know where that's going but I can tell you seems like there's a Way out of that inflation and it isn't looking good. I'll let you comment On that in this in the comment section But I just want to finish up with this jp morgan the bank of bankers predicted a long-term bitcoin price of 150k and this is from jp morgan Chase and co strategist led by nicolas Penner grips a glue nailed it wrote in a research note published tuesday That their long-term theoretical target for bitcoin is 150k up from 146k predicted last year And people are going to talk about this and you're going to talk about how great it is Here's the thing Bitcoin price predictions are worthless My bitcoin price prediction was worthless bitcoin Price predictions are pretty much worthless out the board unless you're looking at a very short time And maybe entry and exit positions as far as ta. I don't like doing them I don't understand why people do them anymore, but it gets it gets exciting. I think what we need to look at is What's going on behind the scenes and how things are growing? That's why Like I took a look at this And this got me excited And you know why it's because we're finally growing up We're finally growing up as an industry and this is why so robin hood to go global With crypto first approach. I can guess why but here's what we say stock trading platform robin hood is looking to expand internationally With a crypto first approach companies chief brokerage steve quirk quirk said robin hood was looking to broaden its brand offshore And that crypto would gain the most amount of traction to provide for the company's expansion He states from a regulatory standpoint and all the other facts that come into it It's probably the easiest way to go global This is why I think we're growing up So quirk offered his stance on the on the meme stock phenomenon and he labeled as a maybe a fad The only thing I would say Is I'll just look at customer behavior And tell you that those meme stocks meme coins Aren't even on the top handful of names that are being traded anymore and uh I don't care if you own shiba and doge coin or else you probably make a lot of money I just in the long run. I just don't know Really what they're really good for And uh, I have no It'll will towards anybody making money. I just would like to see a little bit more of uh Things move forward and this is a good example So back in 2021 robin hood's users accused the brokerage of suspending the trading of game stock Game stop stock and other meme stock securities Dogecoin spurred on by buying fiverr from retail traders aimed at wall street betting against failing companies hit hard But a kovat 19 pandemic and the last thing I'll say is this This is how you grow up Robinhood all they had to do was the right thing and the right thing was just to leave things open let people trade And not bow down to the whim of wall street. Don't sue me. That's just my opinion I think i'm hoping that things like this as they come about can actually spur us Into hopefully bigger rails and more people coming in and trusting the space Because we're actually doing something as far as utility and positivity. So let me mention that Let me what you think about that in the comment section and that's it for the news today so look Uh, the news part is done if you like today's video thumbs up subscribe all that good stuff If you want to stick around uh, do a little q&a great stick around if you got to do something That's okay. I'll see you later. All right. So let's get into your q&a and let me Let me go in there comments Ah Oh man a lot of shiba talk. Hey, I if you're on shiba and making money great Sniff says in the long run all crypto is believed to the mark. Yeah Well, I can't say all schniff because you know my example of dash assault Salt lending platform was supposed to be the next big thing. It must be awesome. It's supposed to be fantastic and uh Because of the sec and the different problems with management the different things that they did It went from Like 15 bucks. I think it's like eight cents and never never hit its all-time high So if your dollar cost averaging to that And for the most part dash two it's not looking too good. It might come back. Who knows it's crypto, but I wouldn't buy money into it That's just me Yes life Life is life Uh, well great. I did my job because no there's no it just it was there's all good comments And I encourage everybody to take a look at it, but uh, that's it Your thoughts on helium so helium we're just talking about that in the meet-up and uh My son was able to get a helium minor like nine months ago And what's great is that as your money helium It just depends on where you're where you put it you have to put it up high And then the more people that have a minor the less rewards that you actually get he's doing pretty well he lives in la but um I don't know how it's going to work out as far as like regulation because i'm not sure How they're going about the regulatory process, but Looks to be something great for telecommunications and uh spending up 5g. So we'll see Ah, good question. How is the transition living in Puerto Rico right now? It's like on a transition. I'm finding out First of all, we've been here since april So we're on there. It's a great place. Good people nice weather But uh, a lot of things need to be done here There's a problem with the government As all governments are there's a problem with job creation There's a there's a trouble with roads and bridges and infrastructure um And that's beyond my scope. I always tell you that but there's some good people out there doing good things Uh, especially this nonprofit. I just found out about Training training people to be uh roofers for free so they can actually get into construction business because right around here Do you want to make some good money? Here just go into construction Like I used to work construction for a little bit and also worked at ups should have stuck with construction You make a lot of money, you know working with your hands. I know some people say like it's all doctors and lawyers Hey man, be a plumber and make a ton of dough That's just me. So, uh, but yeah, i'm still working on the, uh Puerto Rico update video And it haunts me every day. It's not done Oh News on sunny swap. Thank you Let me put that in I need to do a video on that I'm putting this into my list of ever expanding things to do So sunday swap concludes on the 14th. That's three days That's when all the what everything's done. You'll be able to claim all your sunday swap rewards So I need to do a video about that and what actually happened Thanks reminder Don't know about this one. This is interesting. Do you have any thoughts about the theta controversy with reggie middleton? Is theta legit? I don't know anything about it. I'll take a look at it Thanks Can I mine? Healing my low-spec laughs up. I'm not big in the helium But as far as I understand you have to get the the helium miners and they are like backed up like a year Aren't me and brine cologne. Yes, we are He's my my nephew my, uh cousin Hey, Rob, your thoughts on meld long term So the reason why I invest in people is for three things Utility does actually do something is actually work and is it different The team Who are they putting together and how are they marketing and how many great developers they have in the tokenomics? Are they just vc batching about to dump on everybody? So with meld it kind of it hits all those three criteria and I like What they're doing. I like first of all the utility as far as like crypto loans This is one of those loans where you can get actually get cash cash. So I know like people will say well just like alchemyx Well, it's not like alchemyx the alchemyx You can do the loans, but you get crypto in this situation You putting your meld and get fiat cash We need that which is good for banks because a lot of banks don't accept crypto Especially if you're trying to buy a house trust me. I tried didn't work out too well So there's that part I like the team that we got a Couple of rock stars on their on their roster as far as developers developers are like gold So I think they're gonna do pretty well in the tokenomics. We cover that in the deep dive It's not a vc batch type of thing. I mean tremendously not like some So I think it's pretty good and in the long run it'll do pretty well It's just it's gonna like everything what goes up must come down and it will it will have its problems Mmm, what are your views on the fundamentals of theta network? Sorry. I missed it. The fundamentals itself is like this If you want to have first of all when I In the very early days of the internet youtube looked glitchy as hell Then all of a sudden they had to have those data centers, uh, which they had they bought up massive amounts of warehouses, right? They would store all the different servers so they could run all the videos and they could actually upgrade pretty well Well, guess what? I've just read this book Uh, Tony robbins called life force just came out yesterday and it's all about stem cell therapy and regeneration And it's very it's fascinating and he talked about in there that every single day 82 years of video are uploaded to google or to youtube. Let me say it again every single day 82 years of video Worth a video 82 years is uploaded to youtube. So if you take a look at that and go well We want hd. We want 4k. How are you gonna do that? I mean you can do that on these different servers, but you got to buy a ton of warehouses. You got to buy all those servers It's super expensive. You got to pay tax on that. Well, theta making this little pieces of your Lapsop your computer run a node and guess what they're gonna pay you in theta I see this is doing pretty well, especially as we go more towards like metaverse plays People will start to work remotely from home Uh, so I don't see how It could do pretty well and also Dave chin He has his name One of the co-founders of youtube is on is one of the advisors and google is one of the enterprise nodes. So Why can't why not? Are you into luna? Yeah, I bought a bunch of luna A while back and we'll see how it goes I'm not for sure How's it gonna do? Well, remember a lot of these cryptos are not gonna be around forever Yeah, you still go check to check. This is true. So It just depends man. Like when I live in in Las Vegas You can make a lot of money construction a lot of money. The problem is Just to get the right people that actually would show up and not Have issues It's Vegas Uh, good question. This is how do you feel about black rock entering the space? There's a couple things first of all Black rock already was investing in by proxy for blockchain mining This New story which we talked about yesterday of black rock getting in and black rock is huge. It's huge It has like 10 trillion assets under management The story was broke by coin desk Coin desk cited three people that were aware of the situation and were well vested or something like that And it was all on These sources my sources say my sources say but there was no official announcement from black rock. So here's the thing I Do not believe it until I see an actual statement from black rock and if it does that's great But I always say whether smoke does fire. I want to believe But I'm a little more reserved now these days. That's how it is All right Rob was wondering was trying to get a job at the frozen because he was wearing cloth face. Yeah You look younger. Look some days will look good Some days I look okay, and it's probably because like sometimes I have good lighting another good. I have shitty lighting Thank you I don't feel younger that I feel very old tired Alfredo says do you know I have any good realtors to buy a house Puerto Rico? I've got three I got one for Just for you as a as a retail person and I got another one that's really good for Commercial and I got one. It's really good if you want to get into investment as far as like air bnb and verbal and I will Share that information on my Puerto Rico video Best investing advice for amateurs Don't do anything with emotion try not to panic sell And get into it with a little bit of money. Don't go all in Don't go all in unless Vladimir Putin himself sits you down and says we Are going to use one crypto and one only and it's going to be light coin If you if you get that information you buy light coin but other than that Be very safe because I see comments all day long. I get emails One of two things people get rug pulled People buy at the top and sell at the bottom because they get too scared and then Another big one is they get scammed. So It's not how much you make it's how much you keep so Be safe out there and only invest what you can afford to lose same thing everybody else says This is a lame a little lame response, but it is the truth That's an v-chain now I don't understand beach. I thought v-chain was going to be great as far as like tracking and you know for I always thought it was great for the pharmaceutical companies To be able to track shipments of pharmaceuticals and if there was a label recall Where they could find every single one really quick pull them off the market before somebody had you know It's kind of myocardial infarction or something like that I thought and then of course for For counterfeits, but as time has gone on I'm like we can do that with other chains. I don't see why we need v-chain I could be wrong That's it thoughts on mattock. Mattock is going to be huge look at It's called polygon studios. What polygon studios is trying to do is they're trying to pull these like just the companies that are outside without crypto and digital assets like ginsukishi they Working or working with ginsukishi. You know look you guys have a great product here For the game We want you to pull that into a metaverse play because it's already out here. It's free to play Let's do some other stuff over here. Sure works out great That's all built on polygon. Have you used polygon super cheap. It's great And I think it'll be good and some and some people say well Well, we really need it when e2.0 comes out. Yeah When e2 2.0 comes out in 2040 Then maybe we'll switch over. I don't know And you watch the Super Bowl of course I'm gonna eat too much and drink too much. It's pretty much my mo Plenty golf. No, I can catty for you though What are your thoughts on nft games? Like play to earn. I think they're gonna be big and they really have real world use real utility The the big thing though is that you have to understand that a lot of these places Once they start to get nft games or blockchain games into These devices into mobile devices instead of desktops. That's when things take off because not everybody's got a laptop in the world But they all got one of these Doesn't matter what country you're in Emerging countries india parts, I mean even like I've been in some really downtrodden places in mexico everybody's got a smartphone. So Do you have any understanding about by bits dual asset money? No, I don't I first of all when I hear crazy apy I'm thinking to myself. It's pretty high apy and then I think to myself rug pull So be careful. I could be wrong but I'd rather be I'd really be safe than wrong and there's a lot of projects that I will not get into I'll miss a lot, but I don't need I don't need to hit every single one. It's got to hit mine And even I don't have to hit all of them Rob, what do you think about icp and upcoming upgrade to bring smart? And this is the last one we gotta get out of here and to bring smart contracts to bitcoin and eith for fractions of the fees now So it's a good concept It's like every business out there though. I mean, how are they going to be able to actually bring that to market? To actually have utility and actually make it work Look, I've been hearing a lot of stories about a lot of great things that a lot of cryptos are supposed to do Just haven't done yet. Show me if you can do it and I'll invest into you I'll miss the early days the really early days, but I guarantee I'm earlier than 99 of the other people out there and that's it. So look, that's all I got for today Thanks for sticking with me. If you like today's video, give it a thumbs up I'll consider subscribing a lot of things to talk about our time sensitive I'm going to put up two videos right here so you can continue the dan experience And that's it for today. Thanks so much for watching. I appreciate it. See you on the next one