 The news that gets out stores and crypto and bring out of bite-sized pieces today. Just as the thumbnail suggests Question has to be asked as a new story comes out. Can you convert your bitcoin into a salary? Well, and nydig or nydig is coming to the rescue and saying yes, you can and then the question becomes Is bitcoin potentially the new 401k and we'll talk all about that We'll also talk about how micro strategy just bought up yet again more bitcoins surprise surprise We're going to take a look at a story with xrp, which we haven't talked about quite some time on this on this channel xrp ripple modular and visa Lastly, we'll take a look at sunday swap rewards and what is going on with the cardano stake pool So to begin let me just get do a little housekeeping We'll do a little market cap recap But just so you know that if you're here for the live show, thanks for stopping by appreciate it But if you're not there's going to be timestamps right below so you can skip ahead and do what you want to The news segment usually takes around 10 to 15 minutes very fast try to convince everything But the q&a at the end. Who knows could take 10 20 30 minutes. I have no idea So check the timestamps if you're watching the replay, but the news part goes pretty quick So let's jump right in to see what we're talking about first of all I'm going to do an entire video tomorrow about this question. I asked Today on twitter, which was I heard the belgium has a 33 tax rate on profits from crypto And france has 30 percent. Is that correct? And how about the other countries? I was shocked at the rate at all the other countries for capital gains tax I thought it was it was a joke, but it's all been verified. So I'll talk about that tomorrow So stay tuned for that one. Let's take a look at the market today. It's pretty good day I mean, we're almost I mean shoot. We were we are flirting with 1.6 1.5 1 trillion 1.5 trillion market cap and then You know, this was all the different problems that were coming out with the fed With the different problems with the gdp, which is actually pretty good this quarter And just the uncertainty of the market and because of that a tanked our market because we are correlated now, unfortunately But things are looking up pretty good And the reason for that is of course the s&p's for some reason has a renewed Strength and confidence and it's rising up like crazy. Also the nasdaq, which I think is even more correlated to our crypto market Is up as well. This is the one day for nasdaq five days looking pretty good a month Not so good six months a lot better than this huge drop off when drone pal said they're going to raise rates And everybody was scared And now here we are when he says and we'll push it to to march. Let's see what happens in march So that's what's going on. But for crypto markets. I mean looking good Look the theorem is almost back to 2,800. It was for a while and then dropped below tether's tether Binance coin three to five bitcoin 30 at seven. Let's see in the last 24 hours Who is the big winner avalanche at 3.9 15 percent for seven days. It's pretty good Let's see. Uh, so lana has flipped cardano yet again. I believe that cardano will probably flip them again We'll see what james has to say uh this friday. I'm sure he's happy 1% 20 in seven days for cardano, but 21% per slot. That's pretty pretty amazing crypto.com 16.6 Causes up 3.8. I mean everything's up big glee Lido staked ether. I don't know sure 10.2 Axi infinity. There was just a new listing on voyager So that might have helped a little bit leotoken anything big big big eight percent for the graph 13 19 percent for helium boy I wish I would have got one of those helium miners if you haven't taken a look at helium I definitely would but uh to get a miner is like your weight in like nine to 10 months And that's what we have for the market recap. So let's take a look At the top story and when I'm reading this and we're talking about this the story I want you just to just to kind of think about how you get paid and How you could potentially be paid and what you do with your paycheck as time moves on because I have my own My own ideas and on this show it's not uh, not investments advice just investment opinion So to get into it. This was an article from block works And it states uh workers can get paid in bitcoin via new nidig offering and just so you know We've been following nidig for quite some time since june 2021 nidig has had partnerships with uh with local credit unions Banks over 450 small and medium-sized banks and what they're trying to do is offer crypto and digital assets to these banks customers And it wasn't like nidig went to the banks They were pretty much coming to them because they had heard The not the complaints but the requests from the customers the customers like hey, you know what? We'd like to invest in the crypto because all of our customers are asking us for it. Can you help us? You know nidig sure and also and nidig was tapped by anthony scarab mushi's skybridge to custody. It's pending bitcoin etf Hmm. I have to ask him about that. It's interesting. So anyhow to get back to this article This is what's going on today. So that was in june That's a pretty fast movement because now we've got them offering After-tax earnings to be paid on this bitcoin for your salary. Here's what we've got so bitcoin focused financial services firm Has partnered with a number of companies that will for the first time give their employees the option To receive a percentage of their post-tax earnings in bitcoin. So not the entire salary But however much they want to More than one third of workers between the ages of 18 and 29 express an interest in getting some of their salary in bitcoin According to a recent survey, which I don't know exactly how big it is. I know actually I know I took a look at it's not in like tens of thousands of people. It's a very small survey So take that with a grain of salt, but it doesn't make sense Younger people are more into technology As far as like the digitization of everything that they have And money and value is no different. So I could see that why they'd say, yeah, I'll take a little bit of bitcoin Now there's a sharp drop off when it comes to older employees Which with just 11 of workers over 60 saying they've considered doing so But I gotta tell you 10 of people over 60 going. Yeah, I'll take a little bit of bitcoin To trade on my salary. That's pretty darn good. I mean shoot. I'll take it But when I was thinking about this when I read this article and it says right here again, just to reiterate something To receive a percentage of their post tax earnings at bitcoin So I want you to think about that for a second When you got your first job, I don't know where you worked that but My first job was a ups matter of fact way back the day and There wasn't much of offerings, but the next job I had They would offer me a 401k and like what's that they go? Well, you know after after taxes you can put this away and invest into the stock market And they'll you know, they'll do an index funds and things like that depending on your risk tolerance I was like, yeah, sure whatever and of course I didn't do anything with that and Because I didn't really realize what it was But I would think that this like the thing with with IRAs here in America I don't know where you're at But you have to wait quite a long time until you're age 59 and a half years old Or if you choose early retirement or if there's some kind of disability or if you want to take a loan out against for a new business That's what IRAs can do for you, but you have to wait, but it is You have to pay for that effort taxes So I thought about that and I thought about this option What would you want to do right now if you're a younger person or if it doesn't matter if you're 30 40 50 60 If you could be offered say, hey, you know what? You could put that money in a in a 401k, right? Or you can cash that out IRAs, whatever else you want to do and then As time goes on if you Want to do something with it. Well, just depends on what you want to do So what about with bitcoin if you could just put it in a bitcoin and I'm not saying like 20 30 40 percent What if you could do something like this with like you could just sit on it for like I always talk about a five-year plan You take out of bitcoin Five percent every month every uh Part of your salary and then you just kind of sit on it. What could you do? Well, you could do a lot of things with that as time moves on now with the 401k It's a little bit more study depending on the different stocks and options that you get into But if you wanted to because you know, that's just how it is but the returns on as much But what if you could do like I said three percent four percent five percent And a large amount of people could do that and they get into bitcoin and they can cash out whenever they want to Oh and also if you really wanted to do some things you could take a loan against that like what I was done With celsia. So I think it's like one of those things where you're like, well, could I do that instead of a 401k? I think you could now again Just investment opinion not investment advice. Let me know what you think about that in the comment section Let's uh, let's move on here. So Fifty four percent of bitcoin holders overall won a portion of their salary Paid in the digital asset the survey found companies offering the service include coin based bit wage and bit pay And pie payments processor strike Strike small strike. Yeah lightning payments nydig delivers technology and financial services or nydig to business throughout a full stack bitcoin platform They completed a one billion growth equity funds. There are no slouches Uh, and then they said, uh, They're offering their employees the same thing. There are no transaction or storage fees in the bitcoin traded Other companies using the plan include, uh, q2 mvb bank vantage bank crypto companies like bitcoin minor iris energy And data company the tie. I know josh frank and those guys Companies owned by former nfl quarterback drew breeze are also into this and uh for tita for tita entertainment We'll share the benefit with workers of the houston rockets. I'm like, who the heck are they? Well, they're the guys that are I guess the founders tilman for tita There's the guys that they include landry's houston rockets the golden nugget casinos Those are all over the place in in los vegas. So That's what we have As far as like offering there. So I think it's a I mean, it's interesting concept to do I don't think a lot of people were like, yeah, I give it all to me in bitcoin, especially with the volatility I don't think that would actually be a smart move quite honestly Especially if you took your salary and then over like for month to month and that's a hundred percentary salary You're down 50% like we went from november to like january Probably not a great move, but uh as far as like an investment. Sure. Why not? So that's what we have there Interesting piece. Let's move on to the next part Micro strategy. This will go pretty fast. So micro strategy michael sailor Man every time bitcoin dips down you see this guy bragging and I I can't blame him because he bought Pretty decent price. I mean and I want to just make mention of this You'll never it's very not never but you'll it's very hard to time the bottom even michael sailor here who You know has a plethora of resources at his disposal They can you know try to time as much as he possibly can for the lowest possible price he Are they Micro strategy first additional six hundred and sixty bitcoins for 25 million in cash not too bad at an average price of 37,865 per bitcoin now correct me if I'm wrong. I think we hit around 32 33 000 So maybe the average was around that but again pretty tough to catch those falling knives so they Have states here 125 000 bitcoins acquired for almost man four billion at an average price of 30 000 200 per bitcoin that's like a dollar cost average bravo So yeah, if you're looking for like how to get dca Well, that's just a great idea right there just wait for dips buy them all up and then just wait pretty simple And then also I want to take a look at the treasury if you don't I put this link in the description buy bitcoin worldwide Dot com forward slash treasuries and you can see where all the bitcoin is is being gobbled up by institutions not hedge funds hedge funds are here to make a huge amount of profit We're talking about institutions public private companies Countries I guess ETFs So if you look right here who has the most as far as public companies We've got a micro strategy leading the pack Almost 0.6 percent. This is a little bit old because it says here 124 000. Remember this is you said 125 but uh, you know who's Couple thousand among bitcoin among friends no big deal teslas Up there 0.2 never I mean they did sell a little bit, but they still Heck of a lot we give you on muska a lot of guff, but hey they they held on to uh, bitcoin Which always helps galaxy digital voyager digital marathon square hud eight core scientific right blah blah blah blah So all these companies equal to just over 1 percent. It's not a lot if you think about it Here's countries and governments. This one says bulgaria and I've looked at this many a time I can't verify that bulgaria owns 1 percent of bitcoin, but hey prove me wrong Tell me in the comments because I cannot verify that but a couple of different articles says it is But a couple different articles says that's already been sold off. So sure uh, the ukraine 0.2 percent and they're doing a big push for uh, bitcoin mining as The world takes a watch of uh, if they're going to be invaded or not or what's going on Not a political channel just saying it's a concern El Salvador Yeah, pretty good 0.04 finland point 0.09 georgia. I don't even know why they're here 0.0 Oh because they have 66 bitcoin So again, that's like 1.3 and then you got private companies block stone ridge mass mutual mass mutual. Oh wow That's right lisk They got around almost a percentage Then etfs you're gonna look at the the grayscale the coin shares and so on and so forth So if you add them all out, you got 3.8 I don't know 4.8 5.8 9 6 7 Roughly 7. Yeah, man roughly 7 you got about 7 percent For these companies and that's I think is one of the bedrock because they're not gonna go too far From what I've seen as far as like moving and selling and that's good now again hedge funds and wall street They don't care. They will sell those You know They will sell them their It's their mom. They're like, I don't we got to get rid of these So these institutions versus wall street a little bit different. So that's a good thing I think it's great to uh dca and you can see the example here. So That part is looking good. And also here's a story that here's a Project we haven't covered a lot in this channel not for a while not since the sec Ah crack down on ripple, which is a shame, but uh, hey ripple and xrp modular and ripple Announce a strategic partnership To enable seamless payments into the uk and europe And I thought this was great because I mean ripples just I will say one thing If it wasn't for the xrp army and the people that are behind it Xrp would have been toast after the sec came along and the different uh things that gary gintzler are doing But they've kept it strong. So it's one of the reasons why I still hold on to My xrp that I have even though I sold it For tax reasons, but of course there's no There's no washing rules. So I just bought right back So anyhow, here's what we got. This is interesting london First of february leading payments platform modular announced a partnership with ripple leader in enterprise blockchain to enable seamless payments into the uk and europe Trust payments global unified payments group Is the first customer to go live and begin benefiting the two leading fintechs We'll make it easier never for businesses like trust to run real-time payments internationally powered by ripples financial tech ripple net global business have an alternative legacy correspondent banking and can now make payments into the uk and europe faster more reliable and cost effective which we'd like to see because we know that uh, you know the old way for the for the wires and western union and the legacy system is pretty expensive even though they've been around since the 60s Haven't really upgraded too much. I don't understand why it works, but sure Modular is one of the few non banks. This is interesting modular is one of the few non banks to be directly connected to the bank of england Allowing the payments platform to settle funds at the central bank So first of all I had to take a look and i'm like, who are these guys? Who is modular? Well, I did a quick search. I found out that modular is a official visa partner And they work with visa and it seems like visa has their hands in everything as far as payment processing even blockchain technology And I will tell you this Visa is one of those companies are like, hey, we're not going to get blockbuster If this thing becomes a big thing we will partner with every one of these companies And we'll shake it out and see which one's the winner. We don't care But we're not going to be blockbuster. We're going to come along for the ride and what we will uh, Hopefully be netflix on top of the whole payment system. So that's That part and the thing we just talked about with the central bank, which is easy But the question that I had Was this when I see where was it? Ripple net The lead they're they're working with ripple Nets right here ripple central technology ripple net I remember it being that there was two. It was a dichotomy between ripple net X rapid x payments and those types of things which you could have you could use xrp or not But I had to take a look at the website itself and I stand corrected because I guess it's all inclusive now So ripple net Customers can use xrp can use xrp for sourcing liquidity In cross border transaction instead of pre funding ensuring instant settlements Lower exchange fees and more efficient use of working capital So you don't know how it works as far as like moving funds across from bank to bank Well, if you want to transfer like us dollar To uh, some other place, you know, like with the euro or pounds or whatever else you have to have that Currency into your bank and then pre funded all the way over With actual bills to actually make that work, but with ripple net now working. I guess with xrp You can source you can be pre liquid and just kind of source that way. You don't have all those different fees. So I guess things have changed since I was Really into xrp and ripple. So sounds good. So xrp army. Congratulations. You got a win today So let me just think about that and then let's finish up with a little sunday swap action. So Found out where Sunday swap is the centralized exchange that is moving forward built on cardano And this this came out just uh yesterday it says the rewards calculators updated with the new estimates of this epics rewards Users who were unable to view the rewards previously will able to see an estimate now and there's a link Sunday swap dot finance. I put that link in the description so you can find it looks just like this Just so you know and blow this up these Initial stake pool offerings. So if you if you let me back up if you don't know these stake pool offerings that we have here um You can take your cardano not if it's on an exchange, but it has to be on a private wallet either a deadless yoroi ate a light or Nami Or nomi whatever. Actually, I don't think nomi can actually stay correct me if i'm wrong I think you can stay to the berry pool that is it So if you have it if you have your your cardano your eta in one of those wallets You can stake to a preferred stake pool operator And you can get during those epics, which is every five days You can get two things you can get aida, which is great And you can get sunday swap token, which is awesome. So they give you two and guess who is a scooper in this Initial stake pool offering that's right dnews digital asset news Cardano stake pool So again, I'm super biased when I talk about things just so you know let's just be honest but The great thing here is that look there was five different rounds and time is going by so fast We're already through round two you've only got three more rounds to go And it ends be so if you want to delegate somewhere and delegate to dnews I there's a link in the description It says delegate aida to dnews stake pool I have a deep dive video shows you exactly how to do it very simple or to any of the other stake pools that is fine And do what you want to do, but you got until february 4th to delegate to one so you can get aida rewards and also Sunday swap rewards as well And then also if you want to see your actual awards themselves to see how much it is This is uh one of my addresses for my stake pool and whatever Wallet that you use You just put that address the wallet and then you click on estimate rewards And uh wow look at that I delegated 23,000 aida and i'm gonna get uh almost 100 sunday tokens. It's not bad Not a bad day's work for like 25 days So that's all we have again. There's a link in the description. You can find that out and that is all we have since 15 25 35 For today So that is it for the news and uh, that's what we got. Let me uh refresh this So we can get out of here And go from there All right, so let's take so this right now ends with the news You're uh, welcome to take off. What are you going to do now? We'll do a q&a and that's it So let's see what we got. You know what I need to do honestly I need to get somebody in here to uh to pick out the really good questions Because sometimes when I get to this point, there's like a thousand different uh comments and I I don't have everything. I should have one mullet do it Hey man one mullet I know So when mullet so the question is why are you doing two streams in a day? Here's the thing if you've noticed that I've done a lot more live streams um, it's because it's it's It's way easier to do live streams than it is to Uh record a video then do all the edits And then do the uploads and then wait for the upload and then put all the data in and then Put it out. So there really is no difference The only the only thing that that makes these videos longer is the q&a part So the news like when I would do the other Like pre-recorded ones, I would just do them all in one one shot. There was usually I wouldn't make any any Massive errors. So uh, it will work out. Okay But uh, now that I have all this time like well, I will do a second one because uh, I wasn't doing too much and uh, I look I look through all my my feeds and I'm like, that's a good one. So who wants to go and so like, yeah, might as well do something all right Smart money is a hundred percent in usd right now. Sure. I mean look if you want to be safe remember Inflation is a killer. So I They say it's seven percent might be higher So whatever you're investing in to make sure it's more than seven percent investment depending on investment advice It's a good question Can you please share your current set amount on spi? Since now down 95 percent. I think it's not 95 percent. Let's take a look everything's down pretty Marvelously especially as we go to lower in the market cap so Now here I'm going to share my my screen again. So spi I mean it's down like as much as like everything else just about so like Let's see seven days 1186 991 let's see 14 Took a big tumble like everything 16 bucks to 10 bucks 30 days Yeah, 21 dollars even farther down. So 50 percent Yeah, same thing just like I mean look salana went from 220 down to like 80 Everything's taking a 37 dollars 11 dollars. So yeah, 33 percent. Yeah, I remember I remember three months ago We had cardano was around three dollars now. We're down to a buck 10. So I think I have a thing What can I say about this one? You know, look at the rank it could do something great. Uh, how long would it take? I don't know but uh these types of like like lower Uh cryptos, you know, watch out because the lower they are the more the less That's uh, market cap or circling supply and the easier it is just to just to go up massively or go down even even quicker So that's what I got Love listening critters. Yeah, you know, if you're in Puerto Rico, you'll love listening to these frogs all night long It's uh, quite annoying actually Puerto Ricans love them though. They love the the kokis Or I'll pal nose Uh Yeah, visa is on top of everything like the story that we just talked about with It was ripple modular and visa. It seems like I'm like visa has her hands and everything especially us dc made a nice little uh Partnership out there This is a good point. Bitcoin will always be the mac daddy other cons will do well Bitcoin will still stay as the big dog. It could be flipped at some point. I'm not saying when but I'm just saying that You know at some point You know everything Everything will catch up and but we'll see if you're a bitcoin maxi Uh, you'll believe that that everything underneath bitcoin is irrelevant and can't do anything and is worthless And then of course, that's what we got Question from shoeless joe. What percentage salon are you rob? I don't know Depends like it's all with my other layer ones. I'm super heavy into bitcoin and ethereum because Just was added and I I bought a lot of those in the early days when I first got in Cardano Pretty heavy because I was buying it at remember six cents seven cents eight cents since all the way in 2018 1920 and you name it and then Then I got into a bunch of layer ones. Uh, the avalanches and the uh, solanas Solana first and an avalanche Tezos I still have believe it or not. Uh, I would say I couldn't even tell you maybe five to seven percent Uh, solana because I know one layer one's going to be just enormous And so another one's going to be a couple just pretty good But uh, I like those and if you if you look at the ecosystems on like again The avalanches the solanas the phantom the near We'll drop off for a second. I'm having a great day Not bragging so On on nami. This is the wall for going. You can stake anywhere. I am in the Cryptoverse pool over bends You just have to do it via a website to set the wallet to that validator. So now Sounds fun Sniff says bitcoin be like Berkshire hathaway. Sure Hey, Rob, do you know an easy way to get all the staking rewards from theta to an excel sheet? To do the taxes or is going to be done one moment manually? I think that crypto trader tax has an integration with them Correct me if i'm wrong, but I don't know how much like I don't get much for staking rewards anyhow for them. So that might just be like Talk with your financial advisor and your cpa and all that stuff But uh, I just kind of give them one big bulk, but I could have sworn there was an integration and and now crypto trader They're actually they have a bunch of difference A bunch of different options. So we'll see All right. So that's it. So look Everybody I want to say, uh, thanks for coming by. That's all for the uh for the questions Yeah, that's all we got. So look, thanks so much for stopping by. I appreciate it if you first of all Let me get this out of here If you like today's video, uh, give it a thumbs up and give it a uh, also consider subscribing I always talk about our time sensitive and now after all this I'm going to put two videos right here You can check those out and uh, we'll be a follow-up video is the ones that we're talking about That's it for today. So thanks much for watching. I appreciate it. See you on the next one