 Great welcome everybody to the live stream. So today just says the thumbnail and title suggested We're gonna take a look at what it's gonna take to actually ditch the US dollar and get into what will be called The you on hedge so take a look at you on versus Bitcoin and where things are going also We'll take a look at which I think is probably the more important of everything that we're gonna talk about today Which is lessons from the first Bitcoin or Hal Finney, so we're gonna take a look at who this gentleman was and Some lessons that he gives out that are pretty important going forward and lastly we'll take a look at some Issues with mass adoption or mass adoption coming through take a look at the Voyager debit card coming out Staking on storm x and also we're talking about Tom Brady space x and world mobile tokens That'll be the very end at the very very end will do five questions in five minutes So hold your questions to the very end and we'll go over all those things But first let's take a look at the market and what is going on and just so you know if you're for the live stream Welcome on a Sunday. Good for you Thanks for stopping by I appreciate it if you're watching the recording Just know there's gonna be timestamps below so you can fast forward to all the things you want to do But everything's in a linear manner So you just easy tears to watch the whole thing and then if you want to continue on with learning things about crypto There's a lot of sets go to Dan to just crypto.com 100% free Always is free always will be all that great stuff. So let's jump in shall we this is what is going on with today and The market actually I cannot be right. I'm gonna refresh this Probably wow Well, let me show the data Show the data. That's pretty good actually 1.9 trillion or almost almost knocking on 2 trillion It seems like we go back and forth Bitcoins down a little bit. It's Sunday though. I mean it's Sunday. The markets aren't really moving too much There's thin liquidity the order books are kind of down It's just how it is if there is down a little bits and things should be down. What's up? Is anything up? That'd be nice and Bitcoin cash Bitcoin cash If they're in classic is up 20% why? Who knows then take your take your take your pick of why it could be up the Bitcoin classic 4.4% for Thor chain nothing really great So that's what's going to market and I don't need to tell you because you probably check your portfolio all the time so let's jump into today's top story and it's not Today's on a Sunday. It's just one of those days where it's like, you know There's not a lot of news going on and I just was reading this yesterday. I thought it'd be good just to bring up It's really it's really a thought experiment. So Before we get into it and we talk about how this economist talks about how Saudi Arabia and China are Looking to ditch the dollar for this new oil deal. Let's just agree on something for me We get going nobody know nobody knows all the facts Nobody has a crystal ball. Nobody knows exactly where we're going. This is really just for edutainment in all honesty so I know when after this video is over, of course, you know all the economic wizards and geopolitical masterminds will tell me how crazy this was the things that I'm talking about but it It's it's just one of those things where like it doesn't really in the grand scheme of things Do all these things even really matter and do we have all the information to make the best decisions? Well, no one have all the information, but we have some and that's what I'm bringing to you today So this is what we're talking about. So this is all about ditching the dollar There was some pretty interesting pieces About what's going on in the macro environment and how things are working and where people are looking to put their cash And these what I think is a risk-off asset So there's reports of a Saudi oil deal price in China's currency that could signal unease with reliance in the US dollar According to the specific economist and China plays an outsized role in Africa, which is the most like a place where it could Displace a dollar I just thought this was interesting because this is a lot of things that Cardona was trying to do and a lot of different digital assets trying to do Going into Africa because they see it as the next place of an economic I Guess the resurgence. I wouldn't say an economic superpower, but it isn't it is an interesting play So anyhow, here's what we got a potential Yuan based oil deal between Saudi Arabia and China Could signal more unease with reliance in the US dollar. You're gonna see this story a lot especially with the price of oil rapidly going up While also serving as a preview of how Beijing could advance its currency in other parts of the world And some analysts to downplay the chances of a Yuan deal pointing that the Saudi a real I think I said that right is Peg the dollar Helping shield its economy from volatility. So this whole article It's it's pretty deep, but it made me think a lot about like well, how stable is this real how stable is the dollar how stable is the actual You know you on so to do that. We're gonna take a look here. You can go to market watch Dot-com Investing and forward slash currency a link in the descriptions. You have to remember all itself I just said but this is the Saudi real and It's it looks like it's pig to a basket of different ones But one of those being the US dollar and I got to tell you when we're taking a look at charts When in doubt zoom out is not just for crypto. It's also for every other different Currency that is out there even in stocks and things like that. So this is the one-day chart You really can't get too much here, but if we let's zoom out Let's say six months or so There's a little bit of variance here, but we're talking about $3 $3.75 excuse me real to the US dollar 3.754 that's very actually pretty stable if we zoom out even more. So let's take a look at a year That's pretty stable three years Let's take a look at max or all Besides this over here, which isn't it's 3.769 3.75 that's not much of a percentage. What's the percentage difference? Yeah, it's like 0.5% of the last cheese. Is that right? Yeah 10 12 14 years or so So when they talk about this being pretty stable it is And then if you want to get into well, maybe they would ditch that for something else. Well Take a look at this This is the Turkish lira and We're talking about here is volatility and if you want to take a look at volatility This is massive volatility. So if you take zoom out here for the Turkish lira, this is one day It's not so bad. It's uh, it's 14.8 Turkish lira to the dollar or maybe you know, whatever So how about a month? What happened here? We had 13.6 Now it's 14.8. So if you're I don't know walnuts cost 13.6 one day and then in a month later, they're 14.8. You're like, hmm, that's not so great What about in six months? Okay, now we're talking now. It's looking pretty crazy. It used to be 8.6 for those for that walnut and Now it's 14. Now you've doubled in six months, but let's take a look at a year. Oh This isn't going good and then three years. So that is a sharp contrast Between some that's pretty darn stable the real cuz it's pegged the US dollar as opposed to The Turkish lira, which makes me think about this. Well, how stable not the dollar is the dollar, right? But how strong is the dollar over time? So again, if we take a look at the one day Why is it get the MACD I don't need that so this blue line here That's the actual price and then the black line is a simple moving average. So you're looking at 98 9817 936 yeah, you can't you can't do too much in one day. How do we take a look at six months? Dollar is pretty stable as far as like the strength of it 93 and actually it's gotten stronger on this one 99. How about we do like a year? two years The strongest it was in 2020 was 102 not come over here So again, if we're taking a look at things that are stable, it's a five. That's over five years essentially the same thing 10 years It actually is stronger now than it was back then because it's a it's the strength of the dollar in this one Which leads me to last one, which would be the Chinese yuan So how strong is the is the Chinese how much does it fluctuate? Well one day? We can't tell squat right about in a month. So not too bad 6.3 How about we take a look at six months? It's actually gone. It's actually got a little bit stronger again a bound. How about a year? So so and then how about three years and actually we really want to take a look at let's take a look at the percentage wise So We've got a negative point two negative six and let's take a look at all Three actually stable if you want to take a look at it negative well not too much now you take a look at percentage wise negative 20% that's over gosh 1014 years or so So when we take a look at these things and we say well, what is what is stability and what is volatility? If you just take a look at those type of metrics You can see that there's a little bit more Volatility and other things that are out there now you as a nation do you want to deal with that? You want to take everything in the you want well you could but then you have to deal with all that So one reason Saudi Arabia is considering an oil deal and you want is because it would create exposure To a currency other than a dollar and affords the country a you on based hedge and that is an interesting Descriptions I've never heard that before and tell this article, but it makes a lot of sense if we again We took a look at it The you on was a little bit more stable than say the lira, but I mean not as much But if you were another country, you're like well I don't really think that the dollar is going to remain strong especially all the printing that's going on So maybe it actually could another factor could be the Saudi zone Anticipate a dollar to be as stable moving forward and I think we all know about that because look if we were actually being honest and This was a an ad for Bitcoin 2022 the the Bitcoin conference in Miami and it's first of all It's great marketing I will just say that and it says 80% of all US dollars in existence were printed in the last 22 months First of all great marketing second of all, it's a hundred percent true So if you're other countries, maybe look at this and go and you know what? I don't know if I really want to trust the dollar anymore because they're printing it like it's going out of control how much can they actually print and I think it's a fair point and To finish this up There's two things that must happen for China's Yuan to establish a cell as a reserve currency Imagine that the Chinese Yuan is a reserve currency first Global faith in the dollar would have to wane and of course we just saw there's a couple there's a couple of good reasons Why it's printing out of control and this could happen if the Federal Reserve Fails to get inflation under control or if it veers from its usual predictability Second China have to prove the long-term stability of the Yuan to win the trust of other nations But China devalues its a currency occasionally to boost exports and countries won't want to hold a Currency like that which leads me to the last points of what's going on here So the Federal Reserve if they fail to get inflation under control. I have always been a critic of their ability or Their tone to actually come in the Federal Reserve and say we're actually going to raise Interest rates and I was laughing when they when they said we're gonna do six I thought there's no way you're gonna do six because you can barely do one at a quarter without crashing the market And in all honesty after those those basis points went up what the market do responded quite positively so now that I take a look at what's going on macro and I could say that yes that them raising Six more times would probably be detrimental to the market in the short term. What's the alternative? Well, if they don't do that, they don't get inflation under control How long before The Chinese Yuan or some other different type of currency comes in and says, you know what? America's out of control didn't know what's happening and maybe it becomes a Little bits of a foothold not of the world reserve currency But they say this could actually move forward So I think when I now when I take a look at this and I think what's the less the two evils I think now they actually will move forward because they don't get inflation under control and they can lose market share of being the world reserve currency and On top of that, it's not just that piece. There was this. I'm gonna play this video This is a US senator Ted Cruz whose looks like he's the poster boy for smugness right here But now that I get that don't don't bombard me in the comments about how great he is. I could care less I couldn't care less He's a US senator and it's amazing to me. That's a his His rationality for Bitcoin and what it means. So just take a listen to what he says right here about Stability and about where he thinks a bit coins going it makes a lot of sense Actually, let me stop the screen real quick and share this with you. So you can actually hear what he's saying And we'll go from there Summit asks will the US dollar remain the global reserve currency? Probably I hope so There's no doubt as we're putting sanctions on Russia Russia's trying to find alternatives China Wants their currency to replace it at the end of the day Reserve currency is about who people are confident in and who they want to bet on You know, I'm reminded of Bill Clinton's former chief of staff guy named Erskine bowls couple of decades ago Referred to the US economy as the prettiest horse in the glue factory In other words, there are lots of problems and reasons. He was pessimistic about The US economy, but we were still much much stronger than everybody else At the end of the day that dynamic is there China has a serious and and growing in dangerous economy But there aren't a lot of people eager to tie themselves to China China engages regularly and tortures So that makes a lot of sense though doesn't about what he's talking about and I can see where he's coming from Who do you trust it really comes out of trust? It's about it's almost like the same thing of you trust the US dollar you trust the United States Not that United States is like the shining nights and great and everything else because look who's perfect, right? But I can understand what Ted is saying about that. Yeah America with all its faults everything else who are you gonna trust? Who do you want to trust and who's gonna come out to and I think then this next part here Everybody talks about let me see if I can find it is about where people are putting their trust more so moving forward This comes out of the crux of what we've just been talking about. So take a listen That that bears some blame as well, but if we keep debasing the currency It's one of the reasons for the rise of crypto Is that people are putting their money in crypto because Bitcoin is the new digital gold and then Money flows to gold and silver and to assets hard hard currency When you don't trust that the paper currency will retain its value and so that the more Biden and the Democrats devalue our currency the more vulnerable it gets and the more people will flee to alternatives and some of those will include Foreign currency whether the euro or or the Chinese Yuan Okay, and before everybody blows up the comments about Democrats versus Republicans I Don't care about politics and if you have to take if you want to say who's to blame I think there's a lot of blame to go around The Fed reserve the IMF the World Bank the Democrats the Republicans There's a lot of people so don't just say like oh, it's just one guy That screwed everything up. I don't think that's how it works anyhow But that that essentially is that is the thesis about what's going on I think there's a lot of There's a couple reasons why people could go to the digital Yuan drop the US dollar But at the end of the day who are you gonna trust? Where do you want to go to where do you want to put your money? And I think that in all honesty That's why I don't believe that CBDCs will be a world reserve currency I don't see how people would trust the digital Yuan of the digital ruble or the digital dollar I don't see how that works I do think that they would use that and they can trans transact into other blockchains Maybe even other stable coins, but that is a debate for another day I just think that if you're looking for a pretty good store of value and where to put your money It's a Bitcoin digital assets. That is just investment opinion not investment advice. Hey, let me know what you think about that in the comments section Let's move on to our next piece. Let me stop this so I can share it with you and this is Really gonna put things in perspective. Hopefully so Let me see here. Maybe a little off there. Let me stop that share screen This I got to go one to one. That's a bummer. Okay, so this right here. This is about Let me blow this up. How Finney so how Finney if you don't know, he's one of the first Bitcoiners out there He was actually I was emailing Satoshi Nakamoto 2008-2009 and I just thought it was interesting about How it all came to pass and the things that we should be really focusing on I think It just comes out of this. So there's there's two parts to it And I'm just gonna Paraphrase some of this and this was this was a post back in 2013 when you know Bitcoin was a whopping four years old and Here's what he says. So he just talks about how he's been writing Satoshi for the last four years. I'm Hal Finney I got in the crypto I work with Zimmerman and He ran the first Cryptography based anonymous root emailer fast forward 2008 He talks about interacting with Satoshi Nakamoto. I Was he said it was lucky enough to meet and extensively correspond with Way die and Nick Zabo who's like the forefather of cryptography and then And he talks about how he he got into crypto or got into Bitcoin how he saw how it really changed the world That did and he talks about after a few days After he downloaded the to be a node Bitcoin was running pretty stably. So as he was like one of the first miners So I left it running those the days when those were the days when difficulty was one and you could find blocks of a CPU Not even a GPU. I mined several blocks over the next days He mined several blocks for the next day. Can you imagine how much Bitcoin this guy had it back and back in 2009? I mean, he probably had thousands hundreds of thousands and It's just amazing that you know, how How early he was But the other hand I was extremely lucky to get there at the beginning. It's one of those glass half full things and then this part here After a few days Bitcoin is running stably. I left it running. There are days when difficulty was one One and you could find blocks with a CPU as we're talking about Next I heard of Bitcoin was late 2010 I was surprised to find out it actually was worth that something as the price climbed up to real money I transfer the coins into my online wallet, which hopefully They'll be worth something to my heirs. Let me say that again as the price climbed up to real money I transfer the coins into my offline wallet, which hopefully They'll be worth something to my heirs We are in 2022 I got in in 2017 I know people have been in 20 since 2013 2012 2011 and There was the same thing. They're like, we don't know if it's gonna, you know, really be that valuable We don't know if it's gonna be this massive global phenomenon. We don't know if it's gonna be the reserve currency I personally don't think it's gonna be that but You can kind of see where things have gone over the years and it only just does usually accelerate but the thing is is that even though that That Hal got in So early, I mean back in the day. I mean he was like one of the first ones As much as he had as much crypto as as you might have or he had or I have There's a bigger story behind it and he says speaking of errors I got a surprise in 2009 When I was suddenly diagnosed with a fatal disease this in 2009 when he just got into it I wasn't the best shape in my life at the start. I'd lost a lot of weight and taken up distance running I'd run several half marathons Sorry training for a full marathon. I woke up my way to 20 plus miles. So this guy was in I mean Finney was in great shape. How was in great shape doing all these things all these things that that's a, you know A normal every day Joe or Jane could get out and do and he says as my body began to fail I slurred my speech Lost strength in my hands my legs were slow to recover in August 2009 I was given the diagnosis of ALS Lou Gehrig's ALS is a disease that kills motor neurons carry signals from the brains and muscles It causes first weakness then gradually increasing polar ulcers usually fatal in two to five years I've taken care of patients like that. They lasted I mean longer than that, but yeah, that's the average My symptoms were mild at first But fatigue and voice problems forced me to retire early 2011 since then the disease has continued its Inexorable progression today. I am essentially paralyzed. I'm fed through a tube. My breathing is assisted through another tube I operate the computer using a commercial eye tracker system It also has a speech synthesizer, which my my voice now I spend all day in my power wheelchair I work up an interface using my Arduino so that I can adjust my wheelchair's position using my eyes. I Can still read listen music watch TV. I discovered that I I can even write code But it's 50 times slower than what I'm used to And of course The price valuations of big bitcoins are entertaining to me. I have skin in the game, but I came by my bitcoins through luck And that's credit to me. That's my story. I'm pretty lucky overall. He says even with the ALS my life is satisfying But my life expectancy is limited those discussions about inheriting your bitcoins Are of more than academic interest my Bitcoin disorder in our safe deposit box and my son and daughter are tech savvy I think they're safe enough. I'm comfortable with my legacy and then if you can take a look here How was I had some guy? I mean this was this was him and his wife You know when they first were together here he is Mary but you can see that the progression of ALS. I mean goes from here to wheelchair to tubes to somebody by you and All these things that we talk about about how much money we make and how The appreciation of value of crypto and digital assets it really in the grand scheme of things Does it really mean that much? I mean, it's great to have financial freedom. Trust me. It's awesome You know to be a slave the nine to five and get out of there, but When you look at the grand scheme of things and you say well, there's a there's a parable I always remember it goes Healthy person has a thousand wishes and a sick person only has one So all those days that I've you know been on Twitter and I said it's a great day. It's a great day People like they sucks Crypto's down 10% down 30% 40% there's the other things going on the world's on fire I'm like, you know in all honesty if you take a look at the grand Becca said the big picture Really, what's truly important is is the things that's Family health and all the things that's Make life worth living and some days. It's not so much about crypto So try to put that in perspective. That was it just want to share that little piece and now let's move on To her last ones. Oh Should I've read to switch that? Ah Voyager debit card and staking so I know that was a little bit heavy. So let's Bring it back a little bit and just talk about this. So I am I had a max he's he's a friend of friend of mine lives here in Puerto Rico and he's a Gen Z millennial type type of guy and I had him on the show and as we were doing the show I was talking about Voyager and how I was like ticked ticked off at Steve because I haven't gotten this this debit card and Here just just watch this real quick. Let's see It can literally happen overnight cryptocurrency allows me to do that Compared to you know working 10 15 years at a job max all you got to do is just put in your savings account Get that 0.15% interest and you're good to go in a thousand years. Oh My goodness Yeah, thank you Voyager. Yeah, that's all right. That's my new savings account perfect Yeah, and I'm waiting for that debit card Steve. So if you can ever just you know, make that a little quicker. It'd be great Yeah, yeah, I was gonna say in the comments. That's porn music Yeah, never but I mean that that's the whole thing. So like with with that one I'm what I'm gonna try to do is to when I get the debit card I'll let everybody know how it works out the idea is to use it to The money that I have my bank account doesn't gives me absolutely nothing It's actually on fire if we take a look at the inflation rate Some people say it's 8% 9% of the music 1% whatever it is. I'm not making much money. So the idea is to transfer those Cash US dollar over to Voyager and start to use Voyager and that debit card for all the payments that I need to do Pay on my bills and everything else. I'm gonna let everybody know how that works out I should be getting this debit card soon and we'll go from that Also, just want to share with the fact that storm X. I'm if you know Storm X. It's one of those products have been around since like 2015 or something that it's a it's to the test of time And I actually finally staked my storm X and right now As far as a leaderboard, I am at number 339 almost half a million of my storm X is staked On the app itself, which will also be going into governance So, you know storm X. It's like you buy things online you get crypto cash back works out pretty well But if anybody wants to challenge me there, I got I'm ranked number 339 out of like tens of thousands of people For storm X and staking so yeah try that out and then also Just some some real quick snippets I found this interesting as far as like mass adoption Tom Brady Was tweeting at Vitalik buterin he says what's up Vitalik? I mean you may not know me I'm just Tom Brady, but just want to say I'm a big fan of yours. Thanks you for everything You've built in the world of crypto Otherwise that autograph wouldn't have been possible. Hope I get to meet you someday You're the greatest of all time or you're the goat. I thought it was pretty interesting how Tom Brady who's you know I guess getting bigger into crypto Tweets at Vitalik and then also another sign of some pretty nice mass adoption Or some adoption here. This is Mickey Watkins. He's one of these the CEO of world mobile token And he has this crypto cryptic message says hey just arrived in Los Angeles under a week ago with the legends That's been in a efficiently grueling time with multiple meetings smash daily a lot of love and here they are SpaceX and I wonder I have no insider information But it just curious to me if world mobile token is doing something with Elon and SpaceX that's just a rumor don't hold me to it and that's what's going on today man That went a long time. So look that's it for today and we're done with the side of Where are we? The news itself so I want to say if you're stuck with me and thanks so much I appreciate but this concludes the news if you want to stick around for five questions in five minutes We'll go over that if not thumbs up thumbs down whatever you want to subscribe and here we go to the Q&A All right Oh, first of all what I star This one was funny. I saw this in the in the chats before we get started Bitcoin is freedom. Don't sell your Bitcoin So says wrong. We're right. That was pretty good Hour to go Solomon. Thanks for the Super chat Save your money and find more Bitcoin though Hey Rob love for any health finish there was touching health wise. Do you follow keto or how do you stay fit? You're in principle So I have the same diet. I've been doing forever, which is I intermittent fasting I don't ever eat breakfast and then it's always black coffee in the morning hour two hour walk with the dogs and then work out every day before I do this and The the diet is low carb stuff. That's it. I mean look When you get to be a grandparent, it's tough to stay in shape So I just try to do my best and here we are so good question And I play volleyball on the beach sometimes Which is nice Diet is everything. You can't you can't crunch your way to a six-pack abs. It's all made in the kitchen Question number two Rob. Did you buy an Apecoin? No That maybe it's gonna be awesome. I Find it goofy. I find it as another meme coin. I know people like what would you understand? Because board AP op club and blah blah blah Listen man, I'm gonna miss a lot of opportunities and that's one of them. I mean if it goes to the moon Whatever, I'll put my money into Bitcoin Ethereum primarily and then do some other layer of ones and maybe some plate earns play That's about it Damn you missed out. I sure did sure missed out on that Apecoin And you know, I got to tell you every single and not to insult anybody intelligence because maybe it will be awesome and That's okay because we can't it's not Pokemon. We can't collect them all right So it is amazing though to me like the longer that I'm in the crypto space the the the more it It's interesting to me About the narrative and how correct people think they are and that's what I was talking about in the very beginning Nobody has all the all the answers There's always like this one little data point that maybe people miss which causes something to go You know crazily crazy high Maybe there's something that we missed and that story I talked about with the digital you on where it becomes a world reserve currency This is just thought experiments, but I will say that as time goes on it seems like The more I think I know the more I don't know and the more that I find that people on the chats And they think they know they don't know like one of the things that was my favorite my favorite tagline of all time which was Rob your relic The crypto market is different and It's gonna just keep going up and that was in 2020. I was like it works like that It's gonna be it's gonna be volatile now having said that I also believe that 2021 was gonna be a breakout year December was gonna be huge. Maybe in January we'd see Bitcoin 150k. I didn't work out either So nobody knows for sure and nobody's 100% correct You just try to get as much information as possible can make the best decisions that you can that's it So I don't know about that Thanks, Ryan appreciate it. Oh, I will say this though the more volatile the market the more People gets a frisky in the chats. That's for sure a lot of things. I can't actually pull up Question number three. Hey, Rob great content as always What do you think about the fact that we're on a bear market right now new more months? We're not in a bear market. I'm just kidding. Yeah, of course, we're in a bear market. Listen, we're on the DCA show I can't remember how long ago it was Was it February or was it January and January early February me Ben and James and we talked about it We're like we're in a bear market. I mean if you just take a look at the the data and It just we're in a bear market now. Does that mean we can't go into a bull market on this cycle? It's crypto. Who knows I will say this I Think personally if we get a little bit of regulation that's positive Which allows more institutions to come in and go what is crypto is crypto a commodity? Is it a currency? Is it a security? If we can just nail that down? I think there would be a lot more institutional players going. Oh, okay now. I see what it is and we're good to go I think that would help a lot and also I think if we can knock off this The Eurokrain Russia issue right now and we can lead to hopefully a ceasefire first and then a peace treaty Then I think we do pretty well and not just for our market, but for those poor people over there They're getting shelled like crazy Yeah, and of course I'll hear in the comments about how, you know, Russia is right to do what they do Yeah, okay Okay Oh, it's a good one Yeah, I can't say that are you going heavier into DCA during this market? This would be called Weighted weighted dollar cost averaging or the more that the market goes down the more you actually put in and right now I'm just doing the same. I haven't Increased it at all because we haven't had like a major slump off Then we've been trading kind of sideways for quite some time Actually, we've gone up since the 1.6 trillion market gap now We're at 1.9 almost to so the theory is is that? If you started a baseline, let's say you start you're you're buying it a Bitcoin at 4,000 right if it goes down by 10% let's say it goes down to 36,000 then you would say okay, whatever my my dollar cost average is Let's say I want to get a hundred dollars. Maybe you increase it by 20% 30% 50% and put in like 150 bucks as it starts to go down you buy more Expecting that will go up. So dynamic DCA you can do that just right now. It hasn't hit my threshold I just been doing the same thing every single day. I buy the same stuff, which is Bitcoin Ethereum I'm buying I was buying Algorand, but I stopped for a while because the token the tokenomics are not the greatest Let's just be honest Solana Avalanche that's the other one. I Was doing chain link. I just stopped that as well. There's someone. I added now figure later, but yeah same thing I think I think Since we're not going up or moving sideways. It's pretty good time to accumulate. All right Johnson Sun says if you believe you on will give you anything you're dead wrong our dictatorship government is the same as Putin That's why I fled China to us. I'm guessing you came from China like some people It is weird like if you don't if you're not from the country people talk about the country like I don't know the country But what do I know? I just know that what what the outlets tell me and who knows how accurate they are so I couldn't tell you That's why I like people come in so Johnson Sun if you're from China great good information somewhere else a couple more. I Hope I didn't miss a minute Doug Easton says hoping was successful miss Rowan's days It just takes First of all you're aiming low and second of all anybody can can be successful just takes time There is no I mean you can do get rich quick stuff. I know there's some couple dogecoin millionaires out there Congratulations to you but over time With the principles of you know, if you were if you were dollar-cost avenue into dogecoin for 10 years or five years Congratulations, why'd you do that? And second of all it probably worked out pretty well, but the thing is is like How long can you do those things? I think that anybody can be successful over time just the basic principles which is Patience getting into a project that you believe in and just looking at the UTT as I call it the utility Does it do something a little bit more dynamic than other ones? Or is it just a me-too coin you take a look at the team? Where have they been? What have they done? How strong was that team that actually build? This whatever asset they're doing and then the tokenomics of these tokenomics pretty solid Do you have a token that goes up forever and has no no supply? Do you have these the token that's centralized into a bunch of VCs and they can dump on you? Or is it pretty much? Decentralize and go that so I just take a look at the UTT and I kind of go from there and then I you know See if there's any development with the developers and how far it goes Don't get political I try not to I try not to Gala I own gala Waiting for those games to play. They look pretty cool. I mean especially that whatever that won the Farmville one and like that Did you end up selling your algo? No, I kept it because I think at some point I'll do pretty well also you got to remember I mean mooch Anthony scare moochie and the Skybridge capital team. They put in like 250 million dollars Yeah, quarter of a billion dollars into algo. We've got a pretty it feels gonna do pretty well, but again Who knows? What do you think of Ada? I like Cardano. I some people hate it and some people love it I like it. I've got a couple of steak pools. You can check that out links in the description It just depends on execution now. I mean they've wrote a lot of papers. It's done a lot of things now It's time to put out the products. Let's see it. I will say this as things move forward And we talked about this yes three days ago Let me show you something Stop it. Let me share my screen That's nice, huh? beautiful Let's see here defi llama So this is all I mean as far as defi goes Let me take a look at the chains. This is total volume locked up of all chains and TVL Ethereum is by far in Away the big the big gun. They have 117 billion locked up as far as defi goes 26 billion is in Terra by Nance chain, which is super centralized 12 billion avalanches all pretty close Then you got Solana 7 phantom 6.6. Da da da if we take a look to keep going down Here's Cardano. They're ranked 25th and they've got 272 million Which is pretty good because it used to be 200 million, but it's not in the billions yet However, I will say this if you look sweet Marion Joseph staking rewards Staking rewards calm you can see who and which platforms which tokens are being staked a Lot was saying so like Solana total staked 74 almost 75% of all Solana is being staked Terra 42% which reminds me I need to stake it. It's at 6% I should probably do more that or use an anchor most of avalanches 9% polka dot 14% But Cardano over here. It's always between four and six percent. You have 67 percent of Cardano being stakes. That's pretty good. That means that people believe in it and they want to stake it so To answer your question. I think once the defi gets built out Hopefully you'll see a lot of it right now, but the big winner is Ethereum now taken out as far as like what's being staked Cardano's up there in the top four. So that's great. Hopefully answer your question and That's it We're Are you buying that's the one I'm buying Luna. Thank you. Where did you get facts? I got them from all the different sorts I could Go Putin exactly Doesn't matter what you say. There's always like somebody's like go this person or that person whatever Well, just read it. I'll go now sit back and see what happens and see if those tokenomics get a little bit better Yeah, exactly Shake cart with stone says it perfectly shake the eight ball. That's everybody's price prediction strategy They shake an eight ball and go I think it's me this at this time. No one knows Ah, John said I came to us 12 years ago. Thanks. You mentioned me. You guys do not hold you on Yeah, I just don't understand why anybody would like for trade Sure, I guess but I gotta tell you like I used to use a lot of manufacturers in China for the Amazon Business that I have which is just a full film. It's just an it's just an FBA business So I would contact these manufacturers and go what do you guys have so we have x y and z Well, okay, how much are you gonna sell them to me for they would sell them to me I would ship them over to to Amazon and what I would pay for there is there was a couple different ways One you could pay with PayPal depending on what it was But that's all dollars and they had their other Former for that the name but it was all in US dollars as well Like they didn't expect me to pay in digital and you won it was all in dollars. So That hasn't changed What are some of your favorite restaurants in Puerto Rico? Fosse this pizza place is awesome And there's one called Sand and Sea which is up like that looks over the whole island of essentially that place is great And then what's the other one? This is a place called revolution on my wife likes. It's Mexican food I think it's okay. Not that greatest And he caught on holdings. Yes, I got a lot and I think One more question. We'll get out of here. Ah, this is a great question What have you done with the lands you purchased on so these this is we're talking I'm guessing not the physical land but the metaverse land because no one cares about the physical and I'm by it's boring But for the metaverse land Absolutely nothing. So the I've bought land on the sandbox The central and I bought the cryptiverse Yeah, yeah, the cryptiverse cryptiverse land and In again, so Kishi metaverse and was there one more But some land see that I don't know what I bought So like in all these land pieces, I've done absolutely nothing with them and why because I don't know what to do with them right now I just know that it hopefully at some point they will be valuable It's the same thing the same reason why I bought land on the outskirts of like I'll pass on Houston I know at some point they'll be valuable just not right now. So the big thing I'm thinking of is I need to get a what I call Digital land manager or DLN and that person is going to be responsible for building those things out either putting on Well either farming on there for whatever you can get for the tokens I know like in in Gensokishi and and the Avogacchi. That's only a one on the Avogacchi land You can actually farm for tokens if they're there to do that or for some type of Advertising campaigns and we'd reach out to all the big different exchanges or projects and put Advertising on there and then just make passive income. That'd be the easiest thing I'm not gonna do it because I got too many things to do and I'll probably that to probably biggie who does a lot of my stuff So that's it. All right, everybody She's 47 minutes. That is way too long Thanks so much for stopping by I appreciate it is Sunday. I appreciate you guys coming by great stuff consider subscribing like and like and subscribe all that good stuff or you know on or give me a Downvote but tell me why so I can fix it. That's it. Thanks so much for watching. I appreciate it And I'll see you on the next one