 those watching the crypto space, especially because Ethereum just merged. We talked about it last episode. Anong aba talaga tung merge? Why is it important? How will it affect your holdings? Actually, F is down now. When they announced that magkaka-merge na talaga for real, tumas yung F, beton bumagsak siya and then, di naman bumagsak, but it went down lower. It hasn't recovered yet from around, it hit a high of around 1,500. Now it's at around, let me check. It's already at 1,500 now, it's 1,490. So it's basically at a pretty good price, like I wouldn't buy in right now sa Kotadu Hoshi. And before more people join, let me just get one ad out of the way, bago makalimutan ko din. Mabos 90 kailang na windows. Pero saan ko hukawan ng legit windows? Daming options, daming prices. Aka nito. Gudi na lang, may cdkeyovers.com. Search for the software you need. Add to cart. Dahan ka sa payment option nila. Wala pag 5 minutes, finished. May legit, working cdkey ka na para sa windows mo. Gamitan ng aming code para makakuhapan ng discounts. Kaya kung nagahalap ka ng legit, mura at original software. Check out cdkeyovers.com Just playing that now, bago ko makalimutan. So we'll start out with the news. Luxury brand in the states actually started accepting as payment yung crypto coin ng Board Ape Yacht Club. Oh sorry, the coin is called Ape Coin. Pero it's yun yung coin ng Board Ape Yacht Club, which is a ticket sila for NFTs. Actually interesting, if you watched the other crypto watches, you know that I don't really get involved. I haven't gotten involved in NFTs kasi wala masyadong idea about them. I don't know what would be a goodbye. Sobrang sumikat sila, end quarter last year, or starting, the ball started rolling third quarter last year. Pero, and so a lot of people who weren't really in the crypto space jumped into the bandwagon. Pero I didn't really get into it. But Board Ape Yacht Club is one of the OG, yun yung one of the NFTs na sobrang sikat. And so they were worth a lot of money. I don't know how much they are worth now. But apparently Gucci teamed up with them to accept their crypto naman. Makai ba kasi yung crypto, makai ba kasi yung NFT kasi yung crypto? So NFT is non-fungible tokens versus crypto versus a crypto coin. We've talked about it in a little bit what the differences are in a previous video or in a previous episode. Feeling, I don't know, those kind of brand partnerships, feeling ko, they kind of just, they're like you and me, they're kind of trying to jump on the bandwagon na, oh sikat yung NFTs and let's jump on board. Gucci is a famous brand, luxury brand item. But I don't really know, is that in the best interests of the brand or the customers? So in general for crypto, it's good that something mainstream is accepting, at least in the US, I don't know if they accept it as a form of payment in other countries. And I have no idea ano yung crypto, itong board ape, ano yung crypto nung board ape yacht club, yung yung masikat sila for their NFTs. Although I read an article na, the artist who actually made the NFTs got paid very little in comparison to what they're actually worth or maraming, they sold it for, back in the day, the board ape NFTs sold for a lot of money. Pero ngayon, medyo bag saki market, so I don't know what they're worth right now. Sup Moniker? Next in the news, so one of the NFTs actually that had, that was doing well, kasi nakabase sila na existing franchise was the NBA Top Shot. So, and that was in a format na more accessible to the public if you collected baseball cards or basketball cards back in the day. Parang ganoon lang din yung NBA Top Shot but in digital form. So it was easy for a mainstream audience to kinda understand na, aga nung pala yun. So I pay 10 dollars, I get a packet of five cards and then paibay-bay yung contents nung pact na yun. And yun nga, it's just like CCGs or collectible card games or yun nga yung mga basketball cards nung bata tayo. And sick at yung NBA Top Shot, I think Dapper Labs which I think is a developer was doing well. So inevitably, they've expanded to other sports and they've expanded na to the NFL with they're calling it NFL all day. Yun yung card ni yun yung card ni NFL. So parang NBA Top Shots. I don't know if there's really any difference. I also have not followed NBA Top Shots. Although I do have some friends na on Facebook na nag they were saying na, nung sumikat yung NBA Top Shot they also bought a couple. I don't know lang kung kamu sa silang ngayon. Again, I don't follow the NFT space so much. More news. South Korea issues regulations allowing ICOS or initial coin offerings. This is actually quite interesting for me. Sa plucky bear vlogs. So my background as a lawyer used to do corporate law. So IPOs are initial public offerings. You have a company. Usually it's private meaning it's not sold to the general public. But if you want to raise money the traditional route is an IPO. A lot of the tech companies they get a lot of users even though they're not making a lot of money. But when they IPO so ba nalaki nung shares nung let's say when they were getting private funding yung mga funding rounds series A, series B, late series funding the valuations were much lower compared to an IPO. So that's when early investors of tech companies managed to make money. Let's say Facebook when they did the series A it was like a dollar per share and then when Facebook had an IPO it was like $70 per share or something really kills like that. So you get a time 70 return if you're lucky enough to pick a company that manages to IPO. The benefit for the company is that they manage to make money. So Facebook sells shares yung kita so they have in the hypothetical IPO the sapya na joy Facebook share went for $70 that $70 goes to Facebook less the fees of the stock exchange and their legal fees involved their underwriting fees involved but that's how companies raise money outside of private funding and that's a traditional evolution of a tech startup you start out with private funding so series A, series B, late series funding and then your IPO and your initial investors manage to sell at a hefty profit and that's also when you start actually from the point of view of the company it's kind of like the same so private funding you issue shares the private investors get shares and then IPO it's kind of the same also that the company issue shares and then the public is able to hold them so it's not trickier kung IPO since the public does get to hold it and then your management structure might be affected if too much gets into the hands of the public somebody else could buy them and then at least a hostile takeover so yung yung mga corporate shenanigans that a lot of the legal teams think about for IPOs and public offerings and public shares in general so actually it's desirable in some situations for a company to be private like Best Buy in the states a big retailer of appliances, of computer parts they were initially public but then they went private again because their stock price was tanking and you can do certain things when you're private that you can't do when you're public because it's maswadaming repertoire requirements if you're a publicly traded company also you need to run a lot of the things by it's easier to make corporate decisions kasi nga you're not burdened by the regulations associated with public companies but anyway, yung ICO is kind of like that so instead of shares in a company you're being issued crypto basically so initial coin offering let's say hardware sugar would come out with a coin so let's call it the Pesto, Soap Kim so just to illustrate what an ICO is about let's say hardware sugar needs money we need capital to buy more computer parts especially because lalabas na yung Ryzen 7000 series lalabas na yung 40 series na Nvidia hardware sugar needs money so we're gonna come up with a coin let's call it candy yung crypto coin namin we call it candy and then we we need to raise money so we're gonna say na sige let's offer 100 candy to the public so anybody can buy candy at 10 pesos per candy so 100 times 10 we would raise 1000 pesos if we sold all of the candies so instead of shares in hardware sugar which would be an IPO, we would be selling crypto for the first time so yung yung ICO so apparently in South Korea bawal yung but just August 30 or just very recently their security, was it the central bank I believe it was the central bank let me just check my notes I think it was the central bank but yes the bank of Korea will allow sorry the bank of Korea reports so but I don't know which sorry this kind of like the doesn't really matter in the legal you're always trying to make sure you get the proper body right but anyway I assume it's their SEC or whoever's in charge of their crypto stuff came out with regulations now allowing ICO in the Philippines we consider it the SEC does have our Philippine SEC does have regulations regarding ICO but they consider it the security I think if I remember the regulation correctly which is regulated so you do need to file a lot of things I mean initially you might think ah hindi naman ako mag-issue ng share so hindi ako covered ng SEC but the SEC does consider it a security so there are certain hoops you need to jump through so it's not really a viable an ICO would not be a viable alternative to small businesses looking to raise capital at least here in the Philippines based on current regulations kasi nga daming paper work the SEC actually has been big about pushing IPOs for smaller businesses but opening up capital markets so bond offerings, IPOs to small businesses, medium sized enterprises but you know that's kalakohan I think yung mga regulators natin they're not businessmen so they don't know they don't know how onerous it is to have to comply with those kind of regulations and magandang PR lang yes of course we're trying to encourage small businesses and medium sized enterprises yun naman talaga ang PR but on the ground it would be very difficult for small businesses to comply with the requirements I mean I know I'm a small business owner I'm also a lawyer I used to do corporate law before yung sinasabi na SEC na oh but you know we're trying to open it up to smaller players para they also have access to capital I don't think the way the regulations are structured now that's a viable option and other alternatives yung nga like an ICO or offering yung maganda like basically small bond so like if hardware sugar were to say okay stop ITX addict let's say if I were to hardware sugar were to approach ITX addict and say na oh you know ITX addict if you lend me 1,000 pesos I'll give you 5% interest after one year so after one year I'd pay you back 1,050 pesos if a small business were to do that to the general public that would also be considered a security or you know there are some other regulations that are prohibited so yung crowd funding is also prohibited I've toyed with the idea to allow crypto it trade kuna po candy ko from hardware sugar site yung na choice actually talking about our discount point so that's not a crypto so yes you can actually if you're gonna buy from us you can use it as discount points or you can also use it as team credit one candy is to one's team credit we're the only actually before I used to claim yung hardware sugar lang yung made discount points for computer shops but that's not true I actually not true anymore rather I recently had to buy from a competitor I won't name y and I won't name which competitor but there was just one part that I really couldn't get even from our suppliers and I needed to get that part so I bought from one of the big shops dito sa atin and they also have discount points pala and to be fair magad na naman yung paga implement on discount points nila although actually hours is a bit creaky and I've been on if Rocky the programmer is watching I've been on Rocky programmers kinyukulik ko si Rocky the programmer na ayusin na natin yung candy portal natin kasi everything right now is manual and it takes a long time and it was good when we were starting out but we need to evolve itong competitor namin maganda may discount points naman moniker I think I know which shop this is don't say it but parang labag sa kaloban ko na ako pa magwamensyon I would mention them naman the service like the items delivered quickly yung adiya discount points but to go back to my initial point yung hardware sugar na lang yung nagano that allows you to redeem it for steam credit so this competitor yeah it's good but it's only as a discount point to them yung hardware sugar lang yung nagsusabin most of us are gamers and if you find it more useful na yung candy points mo malipat to steam credit yeah we can do that for you and so that's something I think kami palang yung gumagawa noon revamped nabah? I think yes maybe they revamped it although I don't really follow a lot of our competitors but parang medyo bago yung site nila bako yung programmer if you're watching time to at least di naman pure revamped pero at least naman yung actually our back end we've constantly been trying to improve our back end and that includes the candy portal because it really is time for an upgrade on that yeah so ico icos are interesting, crowdfunding is interesting and it's good that other jurisdictions are going forward with that it's just that dito sa atin, yes may regulations nga but it's just basically oi covered ka meaning covered ka nung SEC you need to yana choy, yes i think their logo is green and white lucky bear vlogs, yes team credits we don't lock you into our ecosystem if you want to trade the candy points for team credits actually we're happy pa nga that means you're a gamer and you'll be using the PC that we built that we built for you for the purpose it was intended although yung ano lang sa team credits we can't do it like exactly one is to one but may minimum team credits i think the minimum is 250 so if you're looking and then may increments yun like 250, 500, 1000, 2000 parang ganon kung alanganin yung number mo let's say 700 we can only send you 500 kasi yung nga may set increments yung team credits so that's the only limitation but by all means we can convert your candy points to team credits to be honest, we're not even that strict kumibutal let's say oh you need 100 pesos more para sakto dun sa increment of team credit, actually we've allowed people nga, ya sige just send us the 100 pesos 500 pesos via discount ah sorry via GCash and then we'll send you the exact total via team credits so we can we're not very strict, we do that as well so icos crowdfunding super interesting, other jurisdictions are better at it, our jurisdiction is basically very restrictive and that's kind of in keeping with the Philippines in general although crypto crypto exchanges have come under BSP but to be fair BSP has had a light touch and in general di pa ganon ka-init di pa ganon ka-init yung tutok ng authorities on crypto although with the new administration there's always been some BIR will start looking more closely BSP will start to look more closely although personally I doubt our legislators may be the regulators but if there's not a lot of push from the legislators mismo, I don't think that'll happen and I mean it's sobrang kawawa yung, I mean it's really out of the people in the congress are really out of touch with technology, I mean I was just reading about so nga ka-scandal sa depid kasi sobrang mahal nung laptops na binilin nung depid natin yung selleron so they paid some ridiculous amount tapos sobrang low-end nung laptops na nakuha nila as in for the amount that you paid you could have gotten three times or three generations higher but it was some ridiculous selleron FTW it was ridiculously overpriced and so actually I wanted to do a video on why that happens because we have been approached by government agencies in the past so I do have my background as a lawyer yung procurement and bidding and things like that but basically it was ridiculously overpriced tapos so of course the senate was like oh investigate natin yan bakit nangyari yan so they got a resource person I think the NBI person in charge of cybercrime and so they're like oh NBI person in charge of cybercrime bakit nangyari ito they weren't blaming the guy but as a resource person they were asking him how could that have happened yung hardware ganon and so the poor NBI cybercrime guy was like cybercrime is different from hardware so I'm not the best person to comment on why 50,000 pesos worth became selleron lang and to be fair to the NBI guy it's true cybercrime involves phishing scams online it involves getting hacked it involves being impersonated online but it doesn't involve hardware at all so my point is na sobrang out of touch na legislators natin they can't even invite the right people to as a resource person to a hearing about technology and if they are ganon kalala better na lang that they don't touch crypto because they don't understand what is going on I know Darren Francisco let's do Darren Francisco and then I think the person from COA or I'm not sure if it was COA or the person, the deaf ed spokesperson was like I think co-covered yung by warranty bakit yung covered by warranty there's nothing wrong with the physical hardware I mean warranty only covers if there's something wrong with the hardware but in this case, okay naman yung mga laptops it's just that nag-goyo kayo or nag-pag-goyo kayo because well, alam mo naman there might have been an incentive on the part of the government agency to approve that contract even though it was really disadvantageous and so yung cover up na lang I mean yung palusot na lang na co-covered yung by warranty bakit naman yung covered by warranty I mean it's just like to make it like if there are people who are watching that aren't kind of tech savvy it's like a bens now is what 3 million, it's like you paid 3 million and you could have gotten Mercedes for that but instead you got a Toyota and then sa sabihin ni Toyota hindi naman yung covered yung warranty the car works fine yung masakit pa, hindi pa man lang ginamit, they haven't been distributed so they're still in the depth ed warehouses in the stock rooms but I think the reports are gumagana naman sila and that's all that warranty covers that the hardware functions so it was it's foobar on so many levels especially because ultimately yung nag-buy ed nun is the tax guy I mean the tax payers 60k, we get a night through 3060 at the predator softly yung magnaya by the way thanks for joining us so it was really messed up on so many levels bundled itx adik, bundled deal baka naman oga, baka ron 50k for selleron pero may windows 10 pro ka and let's see how fast windows 10 pro runs on a selleron 10 pro ka na, for life na yung windows, your microsoft office for life and you know let's say magkano ba yung deba pero yun so it's really actually I started on this point because yung nga it's our legislators don't really are not very tax savvy they don't seem to put in the effort so I mean yung nga my example was the poor nbi resource person who got called in well you know ah sorry wait, let me adjust the lens a little bit just so that speaking of but then I need to be far man let me back up the camera yun so medyo crop trying to hide somebody who's there in the back oh crap sorry I just wanted to also acknowledge colorful thanks so much colorful for the ongoing sponsorship I realized na hindi kita so this is 5000 pesos so 24 inch 144 hertz gaming monitor from lazada and I brought three different brands because we're gonna have a video on the best on like the cheapest gaming monitors from lazada and okay ba sila um this one the Migo it was advertised at 144 hertz but it actually goes up to 165 hertz so bonus problema may white spot it's really like oh give and take but yun nga we have the three cheapest gaming monitors from lazada and you know I'll take them through their paces and then we'll talk about it um but we have monitors I did get a question I I like I like how you guys are just making jokes na nga the expense of the dbm although it really is true na at the end of the day it's good that we can laugh about it kasi tayo rin na sakta na yun so we really deserve what we tolerate amen to that sorry let's go I did see the monitor yes okay this one Vincent from youtube do you still have the pg 43 uq actually it was a pg 48 uq which asus lent to us I don't have it anymore what a beautiful monitor god god damn amazing 4K OLED actually the base refresh rate is 120 hertz but you can actually kick it up to 138 and overclock oh my god so beautiful like grave like di na na to tulog kasi I only had limited time with it asus was up front na ay you know we'll lend this to you but we also need it we gotta spread it around so we need it back right away so I was really conscious na I didn't have a lot of time with it but so I used it as much as I could so I don't have it anymore it's actually not out yet the official release for that is fourth quarter next quarter end of the year here sa dita sa atin and to be honest I like that monitor so much I immediately like literally the day I gave it back I called up my suppliers and I'm like PG48 UQ and even they don't have it yet, 3 months pa daw pero nag-reserved na ako so we do have one coming I actually got to see the PG48 42 sorry the PG42 UQ essentially the same monitor just a smaller version at the asus pro art event I attended last week and it was playing Spider-Man on a PS5 pero iba tagin so I'll mention it in my review video just how close it was to my face I think I know I just couldn't I couldn't say no it's really grave parang I just yeah it was so nice that 48 UQ it was just so so nice OLED 4k grave sobrang vibrant on colors and just the text was so clear so crisp so I immediately called up my suppliers and like I want one okay who can get me one so anyway I did see the 42 UQ pero iba yung 4080 although there is a bit of a premium the SRP of the SRP announced by ASUS I think was $1,500 for the 48 which only comes to $75,000 but I got an email from them today and then the SRP is around $1,15 so I'm not sure if the $1,5 US was an old price and they recalibrated or something but I remember seeing abroad na the 48 was going for around $1,5 US but the official SRP for the 48 here is around $1,15K although to be honest because I've seen the distributor prices at the normal markup $1,15 SRP is low pa so I would expect it to be a bit higher even a bit higher than the $1,15K Roberto cheap monitors to be sure, actually I really encourage people to use a cheap monitor as a secondary or even tertiary monitor I just got three of the cheap ones at different brands just so that I could compare na dun sa video will review na ito these are the three cheapest on Lazada which one is the best? Are any of them any good? I haven't gamed yet on this one the colors are okay, not bad for like $5,000 or so and yung night it bumps up to $1,65 SRP although yung nga may there's a very clear white spot from day one at least na dun siya sa corner so hindi naman siya super noticeable although you know at 24 inches you're basically like the entire real estate sa 48 kasi yan laki gata-targa nung din, I was playing Titanfall 2 as a first time I played Titanfall 2 old game but the graphics are still good so only 2K so I wasn't even exploiting the 4K resolution which I did with Cyberpunk but on Titanfall 2 it only goes up to 2K pero nga ganda, ganda nung colors and it was it was such an immersive experience I've tried the VR I would like to think my monitors here are pretty decent because I do game a lot pero grave yung PG ROG Swift PG 48 UQ and I joke sometimes about the ASUS products and I hate it when ASUS sends stuff because I'm so sad when I have to give it back to 38 UQ that wasn't a joke I really felt sad to make myself feel better I immediately called up my suppliers and said I want that yes the most important question actually she does know about it because I did mention it to her and she does know it now because she's actually behind me there if you can see that monitor in the background she's there but she's hiding there listen to my monologue about how much I want the ROG PG 48 UQ but just as a side like completely unrelated to crypto or whatever but if you guys are getting married or if you're married it was very clear between my wife and hyena we have separate budget because I knew going into marriage na I would want a separate budget for yung mga kalakohan na gusto ko and that's not keyboards but if I want a GPU to get permission from somebody so we do have ITX Addict Anniversary Gift I need to hit some more but we do have a separation of we have a joint fund and we also have a separation of budget just because because I knew going into marriage na I don't want to have to jump through hoops if I want to buy something for myself and actually it works out because I'm not sobrang akoripot ko I don't buy a lot of things for myself so it works out naman it's not like I'm willy-nilly every week buying something or other actually I'm very thrifty again my cell phone my daily driver is the only phone I've been using for years and it's second hand pa I think this is like 6 years old or something my kindle, my tablet is for my wife so I'm very thrifty actually I'm not the omagastos but when I pull the trigger it's usually some ridiculous bonkers item like PG48UQ which I am getting for myself although actually I have been thinking about it so I have one reserved when it comes baka yung gagawin ko I'll offer it to the public like to hard-wrestle customers like here's the price, first come first serve and if nobody gets it after a week aki na yun the shop ko na made money pero kinuha ko so I'm thinking if I'll do it like that but at the same time a part of me is like oh it's such a good monitor if somebody buys it, I'll need to wait another 3 months punyeta, di kata kayo but anyway I'll have to think about it when it does come in Vincent did I get ice-train? I did not actually I was quite close to the monitor relatively you think large monitor kailangan malayo I didn't get ice-train at all plus you think kasi at 4K you know how it is with monitors so my primary monitor is 2K from bank banku, sorry they call themselves banku I'm the only one who calls them bank but it's the EX27 the EX2780Q which is a very decent monitor very good but you notice how when you bump up the resolution parang paliit ng paliit yung text the beauty of the 48UQ it's so large but the text they made it crisp even at 4K so it doesn't have ice-train in fact that's where I was reading I have a lot of stored up emails because I'm subscribed to the hustle which is a good tech newsletter and also payload which is a newsletter about space so I'm subscribed to those guys I also have a lot of pocket articles that I saved the pocket and I read when I have time so I was actually reading on the YouTube channel because it's so beautiful for everything actually that's what I'm going to mention one of the points in my review is that it makes everything better work related, video related gaming related anything that you want to do on a monitor it just looks better on that god damn monitor and I'm gonna stop talking about it because now I feel bad now I feel bad sorry we do gotta go back to crypto actually this is what Linus does I know he doesn't not ROG but Linus as a LG sorry, is it Alienware? I think he might have an Alienware I noticed on his videos but I'm not quite sure but he also has an OLED na 4K and I think he was gushing about how Doom Eternal looks in 4K again in South Korea just to round out the news they did issue an arrest warrant for the founder of Terraform Labs I do have him in my notes Dukwon not sure if that's pronouncing that right so he was the founder of Terraform Labs which they had a stable coin Luna and they also had another sorry they had TerraCoin yes they had TerraCoin and Luna both of which collapsed in May but they couldn't their claim to fame was that their value was steady so how stable coin sila their value was pegged to the value of the US dollar but they didn't quite think quite through on how to maintain the peg and the peg collapsed it was no longer stable and it plummeted like a rock man yes as pointed out by ITX Addict I think is it Luna did they also just name the new coin Luna so they came out with a new coin and it kind of rebounded but when it collapsed this news is very new like 2 or 3 days ago lang yung arrest warrant and I was watching the prices and it just plummeted like 50% I think although it has recovered slightly ITX Addict confirms nga that they just coined the new coin Luna again which is the name of the old coin which is kind of misleading kind of hard to keep track yeah so an arrest warrant was issued for him interestingly in june or july he had an interview and he was saying that nobody from the South Korean police has interviewed him or had interviewed him at that time so parang though I think the impression that he was trying to give was relaxang guys yes magsak yung crypto pero yung coin namin wala naman kaming ano ah Roberto old coin is now called Luna Classic oh thanks for that in keeping with the tradition of crypto so ethereum was called ethereum is called ethereum now but it was called the there was a fork very early on and now the fork is called ethereum classic so hos eh Mary Carl are you enjoying your mouse I believe you um you I believe you got a mouse from our give away from na pwede magtanong is that what they call is ah Luna coin is a new acronym or the ticker ticker for that one liya magnaya we don't have suppliers for tv maghihualay kasi yun e like our samsung we have a samsung we have a supplier for samsung monitors as itx adic knows but they don't cover samsung tv maghihualay yun a division so I unfortunately I don't have a supplier although I am looking into trying to get the LG monitor na uled because I want backup just in case na for some reason matagalan yung sorry just got a viber from a friend who I think might be watching might be watching the stream so yeah so itx a monitor na 4k which a lot of people have been using as a pc monitors I'm trying to look into how to get that but ah short answer our suppliers are not the same so even if you think like they're crossover brands like samsung that does have pc components and tv's they're like a separate division and the distributors were in contact with just handle the pc components it's kind of annoying actually because yeah I would like I'd want the LG sa na uled na tv which a lot of people have been using as monitors um generally I don't actually use an asos mouse or an rg mouse minus just the old logitech again I'm very corrupt this thing is way years old but yeah we generally asos rg good quality I not familiar with the nft um but I am familiar with asos because I actually put some money in asos it's one of my favorite I want to say favorite but it's one of the old coins that I favor a lot tilt towards asos Roberto that's my brother Rafael he does have more coming actually he has 3 videos coming out this month I don't know which one are chairs but at least one of those is a chair video and he does those very well he's very meticulous to be honest like I could not could care less I mean as long as the chair is slightly comfortable I'm okay with it I had a very old chair I had a chair I had a chair I had a chair I had a chair I had a chair I had a chair I had a chair I had a chair actually I had a very old chair which I need to reupholster but I want to reupholster kasi sobrang sarap nya this one is just a generic office chair I wanted a secret lab chair for a very long time now although I know people saying it's just a gaming chair it's just marketing you would be better off with a comfortable office chair but there's just a part of me that's like oh secret lab but I can resist that part what I can't resist is the part telling me that god damn that ROG PG48UQ yung problema kasi sa isos para naging try before you buy it was like oh they lent it to here we send it to you, you can review it so the purpose was a review para sa aking naging try before you buy god damn it so now it's like yeah I tried it now I want to buy it but maybe I will come to my senses at least like for a week like anybody wants to buy it before I pull the trigger and just steal it from the shop yep alright so let's get to the crypto watch proper crypto performance in August will just deal with bitcoin and ethereum both of them actually lost value bitcoin by around 9% and ethereum by around 7% no sorry bitcoin around 14% for crypto watch it lost value 14% of its value compared to its july value historically bitcoin does drop in august but the historical drop is only around 5% so 14% it's a bit higher than the historical average but what is surprising is that actually the difficulty rate went up so more miners came back online um I think that's because or the analysis I was reading was because tapos ay summer months generally tend to be hotter electricity at least summer in other countries not in the philippines summer tends to be hotter electricity is more expensive miners like to lay low because that's basically a double whammy you have to spend more energy for cooling plus mas mahal pa yung koreyente um so summer months there is a dying there's a waning of miners because the difficulty actually increased for only the third time this year and it was the largest increase since the start of this year the largest jump in difficulty since the start of this year so even though the value of bitcoin drop definitely there's still a lot of interest in it miners are coming back as perhaps they got new hardware new hardware came online and it's also patapos na rin yung summer in other countries so the difficulty actually came back up in the largest increase since the start of the year and there have only been three increases i think in the start of the year and let me check only the third consecutive positive adjustment this month so mining difficulty did drop but it went up for bitcoin in august and ethereum also the value of ethereum also dropped around 7% in august basically august was not a good month for crypto across the board there was a nice bounce in july so prices increased in july i actually saw that the price increased in july might have signaled more or a gradual increase but that came to a halt in august we're kind of flat in september so the merge did happen we're going to talk about the merge a little bit but actually eth is down now by around i think 9% or so but it did have when they announced that the merge would happen eth got a nice bump and it's still not a good price at around 1.5 when i did the last crypto watch i think it was around 1.3 sub mark louis so 1.5 i wouldn't buy in at 1.5 but it's definitely not like not a bad value to be at yun so let's talk about the merge let me just go through my notes to see if there's anything else i do want to to mention yeah that's good there are a lot of people i tried to filter out yung mga pump so i'm not a member of any telegram group or whatever and just kind of stick to the fundamentals but there is a lot of concern about that in the crypto space especially for old coins pump and dump so basically hype up para tumasya so it's basically a pyramid scheme like you need to hype it up you need to draw people in and then once there are people once tomas na yung price then you dump although that's less of a concern i think it's less of a concern with larger cryptos like bitcoin and ethereum and yun talaga yung old coins siba it's like i mean if crypto is a roller coaster old coins are like a rocket ship they can go so high and then just dump like a rock so that's crazy times candy has crypto willing to buy don't tempt me don't tempt me lucky bear vlogs like i'm just like like the scammer part of me was just like yeah let's just capitalize on the the appeal or the visibility of the channel let's just come out to the crypto but then knowing me and knowing our team hardware sugars always quality so it would just be like a gag at first like oh candy as crypto but then we'd be like oh but we can do this and then we can do that and then if they leave it with us at the end of two years they can choose a graphics card we're always about the quality we're always about the value to the customer but then we would start taking it seriously and then that would be one other thing that we'd have to have on our plates but to be honest i have been thinking about alternative ways to raise capital for the shop and as i have mentioned before hardware sugar that isn't making any money not to mean that we don't have sales we do have sales, we have a lot of loyal customers thanks guys, we have a lot of loyal viewers but in terms of the money that we make it's getting brought back into the shop so if you've been following us from very early on that our shop was super small like parang closet yung initial shop namin on Buendia, then we moved to Gijo and now we're at Chino Roses and every time we move we keep moving to a bigger and bigger space so what i mean is by hardware sugar is not making money it's still in debt so i have to borrow money from people to support it on a personal level you have a spending habit you have a bad spending habit with computer hardware just think about me, i love computer hardware but now i have to buy for the shop and i'm like oh baka ito magadato itong gpu, ah itong ssd kailangan 980 pro na nvme na pcie 4 so it's very hard for me to say no i only say no when we run out of money so perhaps that's why the shop is not making money because i'm the one maybe we should put the purchasing decisions in somebody else's hands somebody who would be less tempted by ganta ng monitor na ito ganta ng hard drive na ito hard drive is going to be cool iron wolf na 4tb or wd red i'm really into the tech and cases i have a problem with cases and they're so good limited market kasi mahal pero ganda niya so i'll buy it case in point like the phantex shift end to evolve shift xt i think that's such a beautiful case we still have one on stock nobody bought it but i stocked it anyway in the shop kasi yun nga, ako personally it's like oh ganda nung case na ito and it's a crime that nobody is offering it although that's really what i wanted hardware sugar to be a place na yung medyo exotic na items yung medyo hindi hindi pang karaniwan yung medyo pang yeah it's my enthusiast level it's kind of bonkers it's kind of like why would you buy this why would the shop stock this nobody wants to buy this or very hindi siya mainstream but that's what we do at hardware sugar and as a consequence it's not making we're not in the green guys we're not in the green like legit like upfront we're not in the green although i don't mind kasi i really think it's an investment we've hired more people we're in a bigger space the number of items we've had that's really grown if you compare to how we were before so i think we're in this for the long term it's just that my personal bank account is not healthy because hardware sugar but i have faith and i think all of the good things really take time amazon was not making money for the longest time and on a small scale that's what we're trying to do we're trying to increase our inventory we're trying to get the word out there we're trying to put our funds to good use so to be honest we're not making any money but we'll get there we'll get there yes actually they're quite an interesting i mean i don't mind saying it eCPC eCPC started out small actually handling second hand parts if i remember the story correctly but now they're super big so it's not a sub story i'm really upfront that the shop is not making money but i'm not treating it as a sub story it's just more like because you can personally see the number of items we stock has grown, the space has grown our number of employees has grown but that's why i actually have been exploring a little bit how to raise capital for hardware sugar and you know as as a lawyer unfortunately i'm familiar with the regulations every time i think of a good idea like crowdfunding or something because i mean not naman na mayabang or something but i do think we are a good investment and i do think that a lot of people because they see what we put into the channel into the store na we try to provide value for people i do think there would be people who would be interested if we launched a crowdfunding or an ICO or something like that but the problem is the lawyer part of me is like sobrang hasan on regulations, i don't want to get called out by the SEC but long story short, i have been trying to think of ways to raise capital for the shop in a way that is good for the shop good for the investor whoever does put money in the shop but there are no concrete plans for an ICO or things like that but don't tempt me guys don't tempt me the only way of becoming LTT of the Philippines is if i keep dropping things and actually i'm very conscious like when i was do it again like that monitor, god damn that monitor i was the one who assembled it myself but the back of mine was like don't do alignos, don't do alignos or date inches suddenly dropping like that this would be good actually although to be honestly ang magnaya, you can come in i mean you're already VIP although the problem here with this kind of dichotomy is that the regular customers quote-unquote might feel pay like how come we don't get VIP service although it's true, if you're a customer then you're automatically VIP so that could work on that aspect we do get a lot of people who are like oh can i have this right away usually the first timers when they come back everybody's like chill and they're like oh they enjoy the shop and they enjoy the staff and things like that sometimes we get first time buyers oh i need this right away and things like that and to be fair we actually can do a lot of things right away but sometimes there's just a lot of stuff happening in the shop second hand the ECPC that is but now they're super big although the problem the problem with comparing the story of ECPC to the story of hardware sugar would be the ECPC kind of focused on the second hand kind of lower end of the market so si mula pa lang kasi si hardware sugar high end medyo upscale na yung market na tinatarget namin so i don't know to be honest if the shop can be successful if we're targeting that marketing segment because no shop in the Philippines has specifically i mean you have the PC hubs that does carry high end di ba but at the same time they also cater to the medyo entry level of the market and we don't do that i mean yes we have kind of even our kind of entry level is a bit expensive like we don't have 15k bills we don't have 10k bills so people who have applied to hardware sugar who have worked for the big PC stores and they're like they do 20 pc bills a day and that's just one na and sometimes there are like three of them doing 20 pc bills a day so that's like 60 pc bills a day but that's like 10k bills or something to be honest like hardware sugar the volume is nowhere near that we're lucky if we do one build every three days i mean up front that's the kind of schedule that we do although we have supplemented that with cleaning that's super good to get people into the shop i'm super happy that we have that service now PC cleaning and GPU cleaning but the actual new builds like on average like one every three days would be a lot na for us so we definitely don't have the volume of those bigger stores so i don't know it's an open and next experiment if i'm gonna go bankrupt because of this hardware sugar because the market can't sustain a store like us that is geared more towards the high end and it's not like yunga, hindi naman ako nag look down on entry level or things like that it's just na this is the experiment that we want to run we want to see if we can have a high end pc shop and all of that that comes with that we do no BS warranty because yunga, our volume is less so we can't afford to you don't have a GPU because we want to send back yours to warranty sige, we'll lend you one parang ganon to be fair to the eCPCs the Dynaquests, the PC hubs they really couldn't do that because dami na lang customers they don't have the the number of GPUs or whatever the extra items on stock to be able to support that but we can because we're a small shop Deepcool has been quite supportive of us and we do appreciate the level of support actually even Deepcool the other brands ASUS Cooler Master have all been and it really warms gratifying to me Noctua even we just emailed literally they're super supportive we just emailed them hey can we review this sure and then they'll send it over and it's really been gratifying really truly so it is a little concerning when I go to sleep at night that my kids have something to eat 10 years from now but I really do think that hardware sugar is a good experiment to try and it is an experiment forever iPhone um it is an interesting experiment um that we're running right now pet thanks for joining us your name is familiar I have seen your I've seen the comments before um PC business we do have a video about go to hardware sugar youtube and then the playlists don't some milestones I think the title is I own a PC store and these are my secrets and I do touch on there like how it was like to set up a PC store because we had no experience my brother and I in retail um in retail in general and PC parts in particular um so that would be a good place to start that video um as to the specific question how much capital it is capital intensive um no joke um but on the plus side dito sa pinas sana yung mga suppliers maraming small operators like hardware sugar and to be honest I mean, if I was modesty aside hardware sugar isn't even a small operator anymore I've talked to our suppliers and um they we're just a one store a one PC store in Makati but the volume we get medyo competitive na kami di na kami rank sa small operators actually to go back to deep cool the guy who's in charge of deep cool now the representative here in the Philippines used to work for NZXT the first time that he reached out to us he was still working for NZXT as the representative here in the Philippines and he only noticed hardware sugar so many NZXT items so they get a list as the NZXT representative he wanted to know sino ba yung mga stores na mga buy ng mga products namin and he kept seeing hardware sugar hardware sugar and he was like sino ba tung hardware sugar na ito this was um the pandemic um like august 2020 I think or something so we were buying a lot of stuff kasi sobrang lakas ng um online dazada shopping noon um and so hardware sugar was buying and selling a lot of and so the representative was like um who are these guys I don't know who they are so he went to us and met us and that's how he started supporting the shop he started with NZXT um he gave us a bunch of stuff from NZXT he moved to Astrock he also sent us a bunch of stuff from Astrock and now he's in deep cool and that's why we have a very good relationship with deep cool kasi um we have a good working relationship with him starting from his NZXT days on onwards um um so to answer the basic question it does um it is a bit capital intensive because you do need a physical store you do need to have staff um and the parts the parts man I mean that's your bread and butter right wala kang kita kung wala kang binebenta pero para makabenta ka you do need to buy those items but the good thing is the distributors are used to having orders na like one item lang one CPU one motherboard two two um two units of RAM parang ganon two PSUs so you can start a PC business like that na you don't need to buy 10 items wala naman MOQ wala ng minimum if you're gonna start a PC shop you're gonna see MOQ soon minimum order quantity usually wala ng MOQ noong pandemic madugo kasi medyo yung ibang suppliers I won't mention actually it's the brands yung brands yung very magurang na especially during the pandemic na you wanna buy MOBO you gotta kailangan bundled CPU MOBO GPU case RAM I'm not even joking that was like a real thing back during the pandemic so sobrang bigot noon and then plus sobrang mahal pa nung parts nung pandemic now it's kind of died down the only bundles usually that you're required to get are CPU and MOBO but everything else yun GPU pwede na individual SSD pwede na individual case pwede na individual and things like that so that's yes you do mayjam mahal talaga but on the upside the distributors here the suppliers are used to small shops and the orders are yun are scaled accordingly so small shops nang nagkagulat na one CPU one MOBO or things like that yeah actually I wanted to do the the I actually I do need a new phone I'm gonna post about it online I've been looking for a Google Pixel 6 like when it has a second hand Google Pixel 6 I would like to buy it but I have been so considering new phones and I have been considering the forever the new brand the one with all of the lights at I think it is forever the forever phones or something no brand I forget the name but I was considering that phone but the Pixel 6 has a better camera and I do know that the 7 series the Google Pixel 7s are going to be announced next month but yun the nothing phone thanks guys thanks I was considering the nothing phone for those kind of unique looking phones I always tend to buy phones that are not mainstream a little bit I bought the Motorola Pebble if you guys remember that one back in the day so I was considering the nothing phone I think the lights are pretty cool but I might get a Pixel 6 I've never bought a Google phone and for my line of work now maybe the camera quality good is supposed to be good nothing is actually supposed to be pretty good that particular nothing phone is supposed to be pretty good PJ Freakazoid yun nga but I think my mind has been made up on the Pixel 6 no naman not 5 500,000 will be enough for rental space for like 6 months and then the basic items say 500 to 750 I think would be good but I don't know how distributors send it to the provinces I'd have to you'd have to ask our suppliers you'd have to ask your suppliers when you do get them so up BJ and Dico nothing phone I mean mid-range even when I got this one the OnePlus 5T it was kinda old na it was second hand I'm not very particular yung Pixel 6 lang na isip ko kasi yun nga the picture quality for video and still so it's supposed to be really good and I've never had a google phone so I'm just kinda interested to try them but nothing gets mid-range I've never owned okay I had a Sony Ericsson P80 back in the day which was quite premium for its time but I don't usually get the flagship the flagship phones like Apple so I don't get Apple and things like that so up BJ I'm getting some lawyer questions Jose Marie Carl why did I become a lawyer my grandfather was a lawyer my father is a lawyer and I'm a lawyer that's three generations straight di naman ako pinilitan di naman ako na pili't to go to law school but just for me for like the family and it's like we actually all share the same name my grandfather my father and myself all share the same name so if you look in the role of attorneys the master list of all of the lawyers in the country it's there my grandfather is there then my father and then myself and it's just kinda nice to see it's kinda like a tradition and I figured it was versatile even if I didn't practice for very long even if I didn't like practicing I thought na useful naman siya and it has been useful for business even after I stopped practicing in a law firm I did practice in a law firm for one year one of the big law firms here in Makati and it was corporate law so yung mala suits type yung corporate boardroom battles and things like that and it was kind of exciting especially if you enter a big law firm sa simula pa lang big time na yung mga projects mo e so like you'll see your projects in the newspaper you'll know the backstory kasama ka sa backstory kasama ka sa negotiations and things if you join the big law firms here the big name law firms in the country the work is exciting but it's exciting because yung yung you get a behind the scenes of the big companies what they're doing yung makalokohan nung mga officers nila ultimately not for me kasi to be honest man, those contracts I don't know my wife is a lawyer in a big firm, she's a partner in a big firm one of the firms actually even maybe better quality wise of course there are tiers to law firms my grades in law school were great but not spectacular my wife her ranking in school was spectacular, her ranking in the bar was also spectacular she joined one of the top, the cream of the cream law firm and she is a partner there now so she can do those contracts she's super patient she goes through those contracts I have no patience for those things I don't give a shit if the bond matures in January 2023 and January 2024 but actually that's a very important detail and your lawyer should give a shit so I'm not detail oriented when it comes to that ultimately personally I don't think it was a good fit for a long term thing but I did enjoy my time my time in the minds as it were yes my wife also is corplo it's a corplo so sorry I'm also out of time and I do need to start dinner but I will just ah so the merge Ethereum was although I think I think a lot of people are I think people watching already familiar with the crypto space but anyway I'll do the outline properly and I'm a little hungry now and it's amazing my daughter hasn't come in yet one final push to go through the outline the merge brief recap on what it was initially Ethereum was proof of work so that was the traditional mining your hardware, your computer hardware does work for the network does work for the blockchain and in return you get rewarded with coins so that's how Ethereum was that's a traditional way of doing things although as I detailed in the previous crypto watch that's not the only way of doing things but Ethereum now has transitioned to proof of stake meaning actually you put your skin in the game the Ethereum that you have you can stake it and that's how you earn Ethereum now initially when they were transitioning to proof of stake they had both running at the same time proof of stake and proof of work but now now it's 100% proof of stake for Ethereum because it's more easy to scale or it's more easily scalable in terms of number of transactions and also the number of people who can validate transactions so we're not limited anymore to the hash rate or the total speed possible by the hardware of the network although there are ups and downs to proof of scale versus proof of work again I mentioned that in the previous episode but for all intents and purposes the well it's academic now for Ethereum as it has shifted 100% to proof of stake and there's some concern that might cause deflation because initially proof of work and then they were running both proof of work and proof of stake so if you were mining you were earning Ethereum and if you were staking you were also earning Ethereum but now one source of Ethereum the mining has been completely turned off so now it's all proof of stake so there's a lot of talk now in the community whether that will lead to deflation since there are less sites of production as it were of Ethereum although the analysis I was reading was very mathematical and in-depth basically the conclusion they had was that yes there's a deflationary push in the short term but in the long term gas prices so it's nothing to be concerned about in the short term in the long term sorry in the short term actually I don't see why that would be it's a refreshing asset to have it will deflate a little bit since the fiat currencies are all under inflationary pressure now the CPIs or consumer price indexes of all of the major currencies are inflation has been a concern actually it might be interesting to have an asset that is deflating slightly although the concern of the community is since deflation there won't be a lot of people there won't be an incentive for people to stake to stake their coins and then so konte lang yung mga validators but yunga I personally think that that is an overblown concern that ethereum will be quite healthy for a long time and as itx adic mentioned because you couldn't, matagal nang hindi na gpu mining see bitcoin so all of the miners now the main stream miners were all mining ethereum and since that's no longer a possibility since it's proof of stake now a lot of there are a lot of second hand cards on the market na yunga yunga bonkers cards like 3080 especially because and I learned this from itx adic in media promise na LHR kasi yung no hash rate yung other cards but 3090 up I think they promise na never siya LHR version so a lot of the miners were interested or got a lot of those super high end cards and now it's useless for them and now they're flooding the market I'm still quite happy with my 3080 but now would be a good time to buy actually on the second hand market if you're willing to take the run the risk of having cards that were used for mining damn 3080 with 20GB gddr6x by yung 3080 I can't quite remember or gddr6 wild times wild yun oh shoot okay I gotta play the I gotta play the adigan guys 3090 kailaw na windows pero saan ko hukuwan ng legit windows damang options damang prices akali ko goody na lang may cdkeyovers.com madali lang o order search for the software you need add to cart daan ka sa payment options nila finished may legit working cdkey ka na para sa windows mo gamitin lang awing code para makakuhapan ng discounts kaya kung nagahalap ka ng legit mura at original software check out cdkeyovers.com I want to apologize to our sponsor because I was always played that in the middle and not at the end but thanks so much cdkey as always and yun thanks for joining me guys for another episode of cook2watch we just released video although to be honest it's a sponsored video by a mouse the sponsored video is about the mouse and it's steady lang it's a very generic mouse nothing to get excited about to be honest the previous mouse that particular sponsor sent over was pretty interesting yun may characteristics that might fit certain use cases and I was happy to try that one out this one in the video I didn't say I should go get it and stuff like that even though it's a sponsored video I was very upfront na medyo meh parang steady lang nating distinguishing about that but we did release that today, tonight oh, I did want to say thank you to sorry, I did see somebody in chat saying that he that he binged watch some of our episodes lemme sorry, I'm trying to trying to see it was unfamiliar name I wanted to highlight it but then I forgot who was I ranting about somebody said in the chat na they binged hardware sugar episodes jigs, thanks so much jigs if you're still watching thanks so much for binge watching especially for the youtube algorithm if you're just looking for another hardware sugar video to watch it's not anything great but that's our latest video we do have another video this Sunday um on practical guide to RAM so we're trying to push this particular series of videos we're trying to get encourage people to actually do the assembly themselves to get their hands dirty this is what the hardware looks like saan mo'y sasal pa, how do you install it what do you need to look out for so that the video on Sunday will be our latest video in that series tungkol naman sa RAM and then I might do a live from the shop this weekend I'm not too sure yet oh I'll think about it ITX to be honest media diet was like my most personal show because I was really like what do I read and stuff and I just kept damning tangents damning tangents and stuff actually do a media diet this um this uh this month uh riser si jiggs kung uto mo si jiggs tell him thank you it's really nice to hear that people do that do do watch the videos and from the outside it seems like it's just like you're talking to the camera and just quick edits and sometimes the edits are very sloppy but it's a lot of work man um the videos and I'm really grateful that when people find them useful or when people say that they really enjoy them so much na they watch them I wouldn't watch the videos like to be honest but um thanks so much thank you tech talk tv ah thank you maybe we'll also get gizmo back to do another media diet my friend gizmo don't forget to join the discord server lapit na pero malayo pa hopefully to be honest we just need one strong video to like reel in like maybe to jump the number of subs um like 3000 to 5000 a month like if we just get one video that will do that okay na tayo so ba rang poist na tayo doon sa 100k but like right now medyo malayo layo pa but we just need we just need another trending video the brand video the one we did about warranty did quite well the bibilay ka at 2022 video the 1 hour 20 minute video where I talk about every component in a computer that was a slow burn but that also did well um subscriber wise like in terms of generating new subs we just need one of those kind of videos to to be well poised na para malapit na malapit na doon sa 100 uh we I haven't thought about it yet to be honest liya magnayo but we will yeah and I do want to treat the staff actually like um maybe like uh I don't know I mean thinking like should we have like a get together at a restaurant and open to all fans or something and then like you know free food until maubusan but I don't know well you know COVID is still around but you know things are coming back to normal but I do want my new Greek build but I do want to say thank you to the staff so maybe like get away muna kami or something uh outing but I'm not sure I don't know so short answer I haven't really thought about it thank you for watching the videos doon so thanks so much guys I gotta go cook dinner thanks for joining me on this Friday thanks for enjoy the weekend I will be playing Battlestar Deadlock GP monitors and editing yun thanks for watching stay safe have a good night