 Now we'll go into the Q and A. I'll answer as many of your burning questions as I possibly can. And we'll go from there. We've got to take off. It's okay. We've been here for half an hour. Thanks so much for stopping by. Like and subscribe. All that good stuff. Now let's go to the good stuff. Little Q and A. All right. So, straight, legit, 713. Celcian Phil, let's take a look. Let me share my screen. Bah. So, best place to find some information is usually Twitter. If you're not following me on Twitter, please do so. I do a lot. Hey, there it is. Celcius Network. Let's see if they put anything out. So they pinned this on June 12th. Well, an hour ago they did say this. Celcius is working around the clock for our community. It's all hands on deck. There'll be no Twitter space this week. And seven hours ago it says, is working as quickly as possible. We'll share information as it becomes appropriate. Act the interests of our community right now. Top priority. So look, I got some flack yesterday for not demonizing Celcius. I mean, is that gonna do anything? Is that gonna get your money back or my money back? Or allow it to? No, it's not. Again, be a little bit calm. Just be a little calm. And if this is all your money, I can understand. I definitely do understand. But hopefully you won't do this again. You won't take all your portfolio and stick it into one centralized exchange and go, sure, it'll be fine. I don't know what to tell you. But the thing is, we'll see how it all plays out. Alex doesn't strike me as the guy who wants to do this huge rug pull and screw over everybody and then escape to... Where would you escape to, first of all? Look, I think some things got over their heads and I think they're hustling behind the scenes to make it work. Let's see if it works. And yes, I still have my portfolio over there. Let's see if we get it back. That's the plan, Stan. Yeah, except for you have too much room to move. Except for me. Don't feel sorry for Alex. Remember this, they work for us, not the other way around. Don't forget that. If Alex comes back online, we keep money with him? No, no. Yes, my name is Rob. How to stake in ledger. I should do a video. I've been messing around with my ledger a lot lately so I will show you how to do that video. You can also do loans and things like that, but I can't on it, because I'm in the United States. No, Brad M. Rob, half my portfolio is staked USDC and Voyager. Thanks for your update. If you or me would you can just get in the service at 9% if you are? No. Half of your portfolio is on Voyager. Don't do that. That's not a good, that's not a solid plan, right? I looked 9% sounds good, right? No problems, but you never know, right? You never know. Now you're welcome to do whatever you want to and just go, eh, I trust those guys. Like, I love Voyager. I love their team. I was sitting with the team and talking to them at Consensus, Austin. They told me a lot of great information. Everything's on the up and up. I love those guys. But again, you gotta be safe. I'm not here to have a golden anniversary with anybody. I'm just here to make a profit, man. But I do my best to give the right information. So that's what I can tell you. This is a good question. Consensus, good stuff. What did you see? We talked about this in the video on Sunday. So as I understand it, like Bitcoin conference in Miami was more like, look at me, here I am and flashiness. But in Consensus, it was, I didn't go to Bitcoin Miami. I just didn't. But Consensus was more like, okay, and this was everywhere I went. Like, here's the problem. Here's what we're doing to try to fix it. We got a long way to go. And I even talked about it. I go, look, we're super early. And if you think that, you know, there's a lot of that we're like in the fourth or fifth inning, you're way off base. I was listening to CEOs of different, of like top 30 projects. We're like, we got a long way to go. And we were trying to fix this problem. We got this problem, this problem, this problem. When you do this, this and this. And it's like, we have a plan, what we're just doing, we're trying to execute. And it just sounded to me like, you know, businesses and startups and things like that. They're just getting in that right space. So don't get too far ahead of yourself. And remember, like as far as like use cases, the use cases in my personal opinion are weak. They're weak. That's just me as far as like crypto goes. Now there's some really good utility out there, but it's few and far between. I know I get demonized for that, but it is what it is. And if you think that everything's like the greatest in crypto world, it's, this is nothing yet. Give it five more years. And if you don't believe me, just go outside your bubble, your circle and say, hey, what do you think about Ethereum? What are you talking about? What do you think about Bitcoin? Oh, that thing that just dropped like 60%. I would never touch that. So, yeah. Yeah, let's see. So moonshine fuel says, it depends if you live in a country that steals 23% of your money every time you DCA out and put it into fiat, right? You have to factor in the frequency that you do that. Yes, that's a, see, it's a good point. And it's one of my downfalls. I'm always thinking like an American, sorry. So it's true. So if you're in a country where like you try to DC out and you put into fiat, that fiat just gets inflated away. So why would you even do it? So, sorry, I should really preface it with that. If you have actually, you know, you could put it on your ledger, because as far as I remember, USDC ledger seems to be okay. Let's put it over there. You don't have to cash out. But yeah, but when you do cash out and it's in petrodollars or whatever, then yeah, it gets gone real quick. Okay, oof, Jerry. Please explain a tax work when you take profits. I have doged since, wow, good for you. Didn't sell 10 cents, ah, not so good. When take profits, can you invest all of it or do you keep the tax portion saving just investing in it? So here's the thing, taxable events, that's what it all comes down to. I can only speak for America because that's the only jurisdiction that I live in. And I can just tell you like usually what happens is anytime that from moving a crypto from a wallet to a wallet is not a taxable event. So just so you know, you can move it to any exchange or whatever else, doesn't matter. It's when you put that into another crypto and that could be Bitcoin to Ethereum, that's a taxable event. It could be from Bitcoin to USDC taxable event or on any kind of DeFi platform. So like let's just say that for your, and first of all, I shouldn't even be talking about this because you should be talking to your CPA, but this is just the things that I know. So don't take this as like gospel. So with your doge, I know like in some businesses, you can take the profits and then reinvest those profits into another endeavor and it's not a taxable event. Here doesn't work like that. Once you take out those, like let's say you sell Bitcoin at 30,000. Let's say you bought Bitcoin at a penny and good for you. And then you sell it for 30,000. Your tax on $30,000. So if that's over a year, which it probably is, that's long-term capital gains tax. That depends on your tax bracket. That could be anywhere between 15%, probably not, 27% to 33%. That also doesn't make mention of if the different state that you live in. So in California, tack on another 7% or whatever crazy nonsense they have in California or New York. So just remember that short-term, long-term capital gains usually around 20%. But again, depending on the state that you live in. So I live in the great state of Texas. Actually, I vacation in Texas and I live in Puerto Rico. So just remember that. And you just can't invest in that game. I understand how that'd be awesome, but it doesn't work like that. All right. That was a long explanation. Hey, Rob, don't you think the overall markets crypto and tech were too inflated the past two years? Both went parabolic. And you know what happens to parabolic stocks? So yeah, of course. I mean, looking back, we all knew it because the Fed was printing so much money. But we were disillusioned. We said, ah, people are getting into Bitcoin because they are afraid of the upcoming inflation of what's gonna happen. And they are going to run to Bitcoin. And that was the narrative because they wanted to escape inflation. What really happened was people had a lot of money and even steamy checks. And they're like, I gotta put this into something. Number go up, Bitcoin sounds good. Now here we are. So we were overinflated all the way on equities, crypto, real estate, you name it. We were just super overinflated. And now we're gonna pay the price. And people say, well, that's pretty awful. Not really. I mean, if you think about it, there's massive opportunities all about. Like I'm just waiting for the, me and the wife are just waiting for real estate crash. Sorry to say it, but it's happening. Next one or two years, it'll be nothing ever changes. It's all cycles, 2008, 2009, 22, 23, four year cycles. Here we go again. That's it. Haven't we paid the price enough already? That's what I kept saying to myself in 2018. And the answer is, I hope so. Mr. Blue, I hope so. And I'm not, I can't tell you because no one's ever right. Like every time I think I know the market, the market just has a way of standing up and slapping me and going, you don't know what you're talking about. And then it does the exact opposite of what I think things are gonna happen. So I've just, I'm just here to be fluid and flexible. Mac, thanks. What do you think about L-Round Network? I don't have any L-Round Network. I know it's technologically advanced and it's great and there's a big, great community. I just haven't invested into it. And remember just because I don't invest into it doesn't mean it's not awesome, just that I haven't. I'm gonna miss a lot of opportunities as they come along. That's just how it is. Inflation is transitory. That's a good one. That was funny. My thoughts on Celsius, I told you already. I think they're gonna work hard to bring things back. I don't think there is a difference between what's the term destitute and any liquid. They're just don't have liquidity right now because they're getting a lot of things called in. So behind the scenes, that's a lot of work going on behind the scenes. Do I think that they'll be able to pay back their customers? I do. I'm cautiously optimistic and people say you're naive. That's just how I see it. And I could be wrong. I hope I'm not wrong on this one and we'll see how it goes. But as far as like me putting my money back into Celsius, no, sorry, you get one shot at that and that's it. Would you? That's my question. Would you put your, if they open it up, like there's some Celsius diehard fans and they're like, yeah, I'd put it right back. I'm like, okay, I mean, that's fine. It's a great question. Sam says, what kind of real estate are you looking to buy on the dip? Commercial or residential? My wife likes commercial and I like residential. I like residential because the short-term rentals, just a good business. I know like we're gonna take a hit in the recession, but look, if people don't want a vacation, guess what? There's gonna be some people who need a place to live. And that's when you start to, to the short-term rentals, you do long-term rentals. So I like residential. For her and commercial, she likes that part of this. I'll let her do that. She's the brainiac of this posse, it's all say. What? Mark, you seriously here? Mark, you seriously here? Legend. Yeah, see, and then here's another example. Jack says, hey, Rob, I shorted some eight of this week and have made back some loss from UST. It's pretty good. And I'm not gonna begrudge anybody that shorts anything. I used to, but it's just a natural progression of the markets. And if that's what you gotta do, that's what you wanna do. I will just be here when, see, you have your of your plan and my plan is just to wait for things to erode and crash down and just to go, hey, I'm gonna value cost average like I just showed you guys. That's it. Everyone wants free money. Check my investment. DGENs will use Celsius the next bull run, yeah. And you guys know that as far as speaking of DGEN, you know I have two channels. One is the basic piece and carrots, basic stuff as far as like dollar cost average and be very safe. And then one's called Dan DGEN where I take like 5% of my portfolio and just do radically degenerate plays over there. That's if you're just a gambler and just expect to lose everything. It's fun. It's a fun website. It's a fun channel though. Yeah, let's see. But some have actually played off pretty well. And I gotta tell you, the three that we've done so far is pretty much booing my portfolio. Rob, is it hoping to think that Bitcoin won't drop to below 2017 prices considering all the printing done and fed tightening? I gotta tell you, I've heard a lot of Brainiacs say that it will never drop below 40. And those same Brainiacs will say 30K. And they'll say 20K. And it seems like once we get to a certain level that it's like, okay, 10K. So I'm just like nothing surprises me in this market. The question is, how do you react to those situations? I think that is the bigger question. Oh, Alamy, I just told you that. I think the fed's gonna go 75 basis points. And we talked about Coinbase playing off like 18% of their staff. But I said there was some actually good news. Michael Saylor comes out and said that the margin call is like 3000 for Bitcoin. It's not gonna happen, I don't think. And some pretty good news on Voyager. We talked about dollar cost average, value cost averaging, and how to be flexible. And you don't have to be so regimented and tight. And this is the only way to do it. So that was pretty much the whole video. Couple more, a little bit of Marshall Texas. Ah, like the banks use fake swimming pools as their background. You want me to throw my cup to prove that that is a real swimming pool. Well, I can't, because that's a green screen. No, let's do it. Everybody's got a crappy day anyhow. There you go. Ah, let's see. Why am I, why do I always do it from my pool house? It's because my wife kicks me out of the house. This has been my office for like the last five years. And then I just started to do videos in your two years ago. That is an amazing green screen. Now I don't have to wash it, that's right. Biggie, my main guy right there, Biggie. Yeah, Beardy, Beardy also a legend. Beardy, you still have, are you still on the moderators? You and Biggie should be it? Actually, I should give it to Markey. Where'd she go? Ah, I gotta, let's see. Damn it, I can't do it here. I'll do it later. This is good. Mazinga, not concerned 2018 Bitcoin, 20K, then fell to 3K, then back up to 60K, just relaxing, eating popcorn, drinking beer. That's how it sounds great. Wonderful to go up. Well, I can't wait tonight. I got playoffs at the sand volleyball place and probably shrinking afterwards. The good stuff, another light, keystone, you know. I like the finer things. Yep, 100K jump of the pool. David, what cars are you driving these days? First of all, you assume that I have more than one car. David. And second of all, you may think that I have actually upgraded. They have not, so I have two vehicles. One is a 2018 Dodge Grand Caravan minivan, sweet. Greatest thing of all time, super spacious, everything else. I'm not here to pick up chicks. I've got a great wife. So in that one, I just, it's paid off. So I love that thing. It's great, haul everything in where you wanna go. The second one is I have a 2018 Dodge Ram and that's for all the construction that we have to do for the facility, especially when we do those charity events, those obstacle courses. So those are the two that I have, that we have. That's it. There's no Lambos. There's no, these things are worthless anyhow. Who the hell would have a Lambo? You ever try to get into those things? Put your back. Where's my knees? What ledger do you use? I use, some people use, I just used ledger, LED GER, that's it. And what's the other one? I forgot. We always go lower than expected but also higher than expected. That's a good one. Gas fee fees? And last question, is it hot in there? It's super hot in here. And actually, it gets so hot in here that I have to use these pads that I stick in the freezer because if I don't do that, then the computer overheats because it's about 90 plus in here and I get all glitchy. So people say, why are you going here? I like the heat. That's why I live in Puerto Rico and El Paso. So look, that's it. That's what we got. I want to say, let me make sure, perfect. I want to say thanks again for stopping by. I appreciate it. That's it for today's video. Thumbs up and subscribe. A lot of you talk about our very time sensitive, especially these days. And give that a shot. So that's it for today. Thanks so much for stopping by. Appreciate you guys. I'll see you on the next one. Adios. Cool.