 But if you want to stick around we'll do a little Q&A and I'll answer all your questions the best of my abilities There's some good ones. I already started the chat and that's what we'll start to do right now And let's jump into a little Q and a So SDSD says route to be fair even though sweat coin didn't pay you they gave you they give you coins with much discounted price Isn't that the same thing not that any wrong with it? Not really and here's why because first of all you have to understand for me to invest into this I'm taking a pretty big risk. It's it's risk everywhere, right? So if I invest into sweat coin, which I did and I'm very super biased everything I talk about in this channel I've invested into I talk about Bitcoin because I've invested in Bitcoin I've talked about Ethereum and Cardano and Shane link and all those things because I've invested into them But sweat coins a little bit different. It's an unproven It's it's got a lot of good traction. It has over 110 million downloads with 13 million crypto wall It's already been produced. It looks good But you have to remember though is that when I get an early for myself that I invest into it I cannot sell any of these tokens for the first year and even at that that cliff at 12 months and Then at that time I only get a percentage like around 10% Or 12 yeah to now 12% and then over the next 24 months they slowly released those tokens. So I'm in this project for two years at minimum It's a lot different than that So I'm taking a huge amount of risk to lock up all those funds into sweat coin Whereas I could have done it probably a safer thing which would be into invest into You know the stock market S&P 500 Nasdaq or something like that or Bitcoin just dollar cost average Probably a lot safer. There is a massive amount of risk here It's just the truth and I put in a lot of money So but I'm okay with that because that's something for me. I'm an investor. I understand the risks I understand I could lose it all and that's why I'm always talking about these things that's We say hey if you if you Where'd it go? Look at this out of here these rules underneath me. It's all gone Meaning don't don't invest money can afford to lose. I was thinking about that I go I could lose everything on this investment, but this is one of those plays I did Treat everything like a scam until proven otherwise and that's what we did the deep dive we talked about the cut system and Why we think it's gonna do well Don't leave any nice changes don't invest and trade on leverage and take profits along the way These are the rules that I live by you don't have to live by them I'm not your dad, but this is the thing that I look at this and I evaluated and I think I have this is why I invested into this project So to answer your question To go back to this one. It's a little different I'm taking a pretty big risk here, and that's just the truth, but I'm okay with that. All right Henry says Satoshi Miles is not sweat coins. So Henry. There's another another app called Satoshi Miles Also called smiles. There's a link in the description You can download as well and for every so many steps you take like a couple thousand whatever it is you get Satoshi's It's not a lot. It's a couple cents, but it adds up over time and I've included both of those Here's a hint. I use both of them on my phone and they work out great So I want to get sweat and the one I get Satoshi's not a bad deal Birds bees and trees per your June video on Celcius What do you think the time will be and how much percentage will be recovered all the growth are missing out to you from there? Evacurizing which was false in line. Yeah, it's true. Here's the thing guys. We all got screwed We all got screwed by a company that said hey we can manage risk and we're okay with putting into these super risky assets and They lost a big chunk of everything and that's why they became insolvent so From here the time frame I'm not for sure on the time frame But if you want to follow anybody follow Simon Dixon on Twitter is also I think that I have a link to his channel in my in my description as well But he's part of the bank of the future and he's been doing updates seems like hourly over there and he believes that Well, first of all What they want what they're trying to do is take the mining operation that Celsius has and turns I'm do it into profitability and meaning that's When it actually becomes profitable, then they'll start to make The investors whole that's just only a part of it then there's a big discussion about 90-day clawbacks and Simon talks about it because I don't think that's gonna happen because what's gonna what's gonna happen to Celsius is the companies probably going to Dissolve they're going to sell off those assets It's gonna be a whole new different company and then of course they can't claw those back because that's that will be a legal Aspect that you can't cross so again if I take a look at a timeline. I don't know about Celsius The more realistic one is Voyager and we're gonna get to know who Is actually buying up Voyager at the end of this month? I think the bids are actually do on the 11th correct me or maybe it's the 6th Which is actually a couple days I think and then from there then they're gonna disclose who is actually gonna buy Voyager I think that's the first one for Celsius I just I'm just under the assumption that we're all gonna take a haircut of at least 30% moving forward and lesson on me to Not trust them, but you know what sucks is that I mean these companies like It's not just me going, you know Celsius good there's so many people that did their due diligence and really took a real hard look at it and I mean heck even a pension fund in Canada with 150 million dollars They had analysts look at that day and night and they said it looks solid and they lost everything they it's stuck there I shouldn't say lost and Here we are. So it's just one of those things That's as far as a timeline Expected to go through probably this this entire bear market. That's just me Worst-case scenario. All right What's this the on and on me? I never got paid by sweat sweats should sell health insurance more sweat more deductible Watch the the deep-dive video because that's one of the things, you know how First of all, did anybody get a paycheck from Facebook because they sold our data Did anybody get a paycheck for that? No, okay, just curious so like with in their terms of conditions for sweat coin they say specifically that they don't sell your data and the plan is to give them to to Organizing govern via a DAO a sweat DAO and then you're going to be able to sell your data To insurance companies or anybody that you want to and that's how you can monetize yourself. Now that is the most Interesting thing, but that's in probably phase three or phase four again watch the deep-dive video But they've had a lot of things going on I think that's where just part of the value is with sweat coin and they've got a pretty good plan Been around since 2016 110 million downloads. Come on. The Mad Monk says I'm still under water I think some of us are too, but that's a cool upside. Thanks and Digital Bobby says it right. This is Bitcoin's worst-performing year and I think September is one of its worst-performing months So just be aware that September's probably gonna suck too and that's it see I Know people say I'm very bearish. I'm just a realist, you know I just take take a look at what the what the data shows you and I mean that That video that we took a look at with with Rosenberg and that was a great video a great Data from a chief economist who says look, it's gonna be a two-year recession. This is this is why dot dot dot This is why people can't say it's a recession dot dot dot No one wants to say it. I'll say it. I don't care Yeah, why is K? I'm happy. It's good Question US residents cannot buy sweat coin once the tokens get listed. So there's a there's a dichotomy here. So Bifurcation separation. We want to call it. So for here If you are a US resident, you won't be airdropped those sweat Crypto tokens, even though you may have accumulated them They will come later once we fire Gary Gensler and he realizes that crypto isn't a bunch of security Securities so right now it's not gonna happen But as far as and of course the rest of the world can do whatever they want to because everybody's passing America by This is America. I grew up in but whatever So for this one To buy sweat coins a little bit different. So for these five global Exchanges that a fear was talking about that's gonna be listed on day one now for sure if Americans can buy these cryptos but There's going to be the you know, they're gonna especially make their way to dex's relatively soon So if one was so inclined to buy a crypto on a decentralized exchange Using tether or usdc that they could probably do that. I'm not telling you to do that the same that is what could be done That's it Master creator says it's a hundred percent of scam. Maybe it is maybe it is I Can't tell you if it's a hundred percent not a scam. I just looked a lot of I did a lot of work into it It looks pretty good to me Well, I could say Dumb idea sweat coin will crash garbage. Hello. Well Charles again could be correct It could totally crash. Maybe you shouldn't invest probably shouldn't invest in that one. Let that one slide by that's okay Ruben Gibbon says I wonder what the catches with sweat coin. How do they get the consistency? It's pretty easy like I use the steppin I didn't like it because first of all I divide the NFTs I know people say well the NFTs are much more much less expensive I paid over a thousand bucks and all I was doing was preparing those damn things all the time And then people would say Rob you just don't know what you're doing. He didn't set it up, right? Sure probably so But as time went on I kept playing around with it and taking the advice and it still sucked And I know some people love it and that's great and it probably works for you just don't work for me That's all I'm saying but as far as like consistency it just It's a funny thing because it just goes on your phone and you don't have to do anything like it just happens it just counts the steps and off you go and Then you can go to the marketplace and you can use those sweat and like I bought a couple of these earbuds They're not iPhone or Apple earbuds. They work pretty well And I just accumulated all these sweat coins and bought those and that was it But then you got to remember Like I said like the the economic incentive for sweat There's many first of all Did anybody pay to watch this video? No, but you probably watch an ad if you didn't watch an ad. Maybe you did pay a premium service So that's just part of like a sweat economy. Also, you know when you went to some exchange to buy a crypto Was it free? Probably not. Maybe you had to pay a fee for that Well, that's what the sweat wall is gonna lie to do at some point and then of course we talked about selling your data Later down the line and a couple of different other things as far as like NFTs and stuff like that There's a whole different ways to do these things. I think it's gonna do pretty well. That's just me and Bbtl says a hundred percent scam. There is no free lunch. That is true. That is true Just like when he came to YouTube he had to watch a video because advertisers. Did you know? I don't know if everybody is aware of this, but YouTube pays me to do these videos They do they don't pay me squat, but they pay me a little bit. It's revenue share 55% roughly of Advertisers and then they get 45% I think that's what the ratio is. I always think they're lying to me or whatever and You know, everybody who where the eyeballs are is what advertisers pay for so kind of same thing Ruben says what's the catch and you got a walk and there is a one downside they're trying to work on this like if Like if you're on a treadmill it won't work and I Want to say I don't think it works on bicycles and I think if for wheelchair individuals People in a wheelchair doesn't work as well. I think that's what it was Okay, Joe C if I got to give cussie to steak beef. I see if I'm not doing it eat two blows Buy something some can't take from you or slash out of existence. Yeah, there was a There was a quote today Heidi from proud of YouTube channel her husband do a good channel and she says hey just as a reminder you can't Unstake your ETH after the merge With the merge. She's right. There's a thing called a Shanghai upgrade. That's gonna be six to 12 months later So if you were thinking about unstaking then it's not gonna happen. That's some people like I'm never unstaking cool. That's good Find me And tails was a pretty funny says now you too Walking attacks the bull that That part does suck. What does remember if I mean if you if you're paying in taxes that means you made some money, so you've made a buck and You know capital gains tax is 20% well, you're gonna you're gonna keep 80 cents Just for walking and the government gets that 20 cents, which is why I when people say that the government's gonna ban crypto No, they're not they're not gonna ban crypto. I want to tax the hell out of it. Why would they do? Why would they tell what they they wouldn't get rid of it? And then MS is pretty obvious that we're going to be in a recession as long as that clown Biden is in office This made me think about something Whether you agree that Biden is a clown or not Doesn't it's irrelevant. I will say this that if we go through a recession for two years He's definitely gonna be out and anybody who comes in after that is gonna be looked like a genius And I know people will say well he really didn't do it that didn't do it But it doesn't matter public perception is the reality and the next person to come in because again recessions How long they last about two years how long his Biden have about two more years Next person to come in if he loses It's gonna look like a genius And then dink Dank payload. I just want to know why sweat has value Yeah, things that we talked about again, you can might sweat you can buy things on the in the store You can use those sweat for the fees when they actually have that crypto to crypto or or fiat on ramp And then of course selling data and then if you want to get an NFTs and maintain elect Stuff go right ahead. So there's a bunch of different ways and of course You know when you're on there the the aspect of of where the advertisers are and as Ophir told me behind the scenes they got a pretty Pretty good out of people lined up because that's where the eyeballs are and that's what comes down to marketing Why so much Hannah Richard Hart much love to dope one. I don't know Okay, this one's a good one Albert guy says treadmill and bicycles do work But you need to place your phone on your thigh generally the proper motion they have to count steps. Excellent. That's interesting I thought they had a GPS type of Instance of where they would do that, but maybe all right Can you transfer your sweat coins of friends? Yes, absolutely matter of fact, I just doled out almost a thousand sweat coins this month because I have a a Competition like if you download sweat coin, you can follow me and if you and if you're on the top 10 to beat me I get I pay you 50 sweat coins Might be worth nothing, but who knows so check that out And then this this one I had a bunch of winners and some different aspects. So I just pay everybody 50 sweat coins Does YouTube know about my ad blocker? I'm sure they I'm sure they do. I know that works Like I use brave Well, actually I use I use brave, but I still I don't see ads because I'm on the premium thing Ad revenue. That's right. This is interesting I keep a lot of my tokens in my hardware wallet using the Binance Smart Chain blockchain to lower transfer fees, which is great There's any way I can get I can get stuck and not able to transfer swap out of them I don't think you can think it's you can get stuck You can have failed transactions. It's happened to me many times on a theorem network But as far as like stuck, I don't believe so unless of course the Binance Smart Chain gets hacked and it all goes away That's about it Is sweat app available in US this app is available in the US But the crypto wallet is not not for now and don't blame me go talk to Gary Gensler Yeah, you can walk for a cause Works well Yeah, Tesla says Rob, I prefer this way of jumping in the Q&A. Yeah, yeah This one so yesterday we did a different way and I'm just gonna keep it the same way we do it And then I'll split the Q&A later so people aren't because The algorithm for YouTube isn't good when you have over about an hour video people people look at an hour and go I'm not watching all that so I cut it up. Ooh Kid Charlemagne's got a good point The difference in attitude between people that live the 2019-19 bear and those that did not is so obvious Yeah, that's the truth unfortunately Why is cases I missed the part about how to get the group the sweat wallet So that you can't get the wallet the crypto wallet because you're in America like me and you're stuck You're stuck. I make it sound so bad like to be stuck in America But if you look at there's a link in the description You scroll down Let's get the little running person right here All right There's a link to download it right there And you can download the app you just can't download the wallet and then and there's two different things the app allows you to Accumulate those sweat tokens and the wallet is just for the airdrop and you for you to spend the crypto the crypto tokens You can you can spend the sweat coins those aren't those are web-to non crypto stuff on different things that are in the marketplace within the app Hope that makes sense. I Think that's it Yeah, me too Hawaii Alice is I like any prior that promotes exercise It's the only way to benefit off a sweat coin is through an app in app purchases and discounts correct The only way to benefit off of sweat coin is through in app purchases and discounts So there's that part, but then you have to also remember That this will be a crypto at some point and actually September 12th So in that regard you could go to a decentralized exchange Well, you're in Hawaii. So you're stuck in America But right now for for you, you're not gonna get the crypto token Yeah, but if you buy it and you want to use it as a crypto Crypto crypto like a web 3 type of thing until like a decentralized exchange. Yes And you can you can exchange that for another crypto wouldn't that be great? Let's say that you accumulate. I don't know 500 sweat coin any sweat coin Gets to a dollar. That's $500 and you could buy, you know a Third of a Ethereum down the road It's not bad Mark Imagelista says can sweat track how and where you move? Yes can and the next question is Will they sell that data or will they make that public in some way? So we have this this interesting conversation, you know, like he was the co-founder again There's a link in the description for the deep dive that we did and he said that, you know We could see you said we could see all the data as far as like, you know How much people were not moving during the pandemic he goes This is pretty valuable data for the governments because but we won't sell that because we believe that your data is your data And that's in our terms and services and so on and so forth. So I go, that's that's pretty good So yes to answer your question. They can track you and that's pretty much how they can verify if It's an actual Realized or a real movement and not which we've actually been my next point. What the heck they put it Ah, so there was this video that came out here That's a profile aha this one and It goes it shows you that there's a bunch of phones with the sweat coin app and they're moving back and forth And it looks like they're going up in the steps Which would be bad because if that's the case and anybody could do that and then I would just collapse the whole Sweat coin economy per se. So that's what's great about these long form Videos so Oleg actually answer this question. I think it's at the actually I said right here It's at the 40 minute and five second mark and he says what they do to combat that is of course There's there's things that they can't tell us how they do it. He goes but as far as the algorithm it will Stop or nicks all of those steps and set it back to zero. So I'm like Sounds like a plan. I think that's that's why I was kind of Was kind of bewildered when someone said that you could be on a treadmill because I didn't think you'd do that Anyhow, hold on answer your question and Ooh one hour. That's it Let me make sure we don't have a bunch of other questions And Martin says I'm using app because may go don't use it then Could someone get around the US restriction of the sweat coin aspect to download the wallet and Cash out with a VPN The Federal Reserve is a private company the Federal Reserve is as federal as federal express and that's it and the Fed and on that note That is it. So look everybody. We're going past an hour. I want to say thanks for stopping by do appreciate it Like this video give it a thumbs up consider subscribing and all that good stuff and that is it So go enjoy your Sunday should be a nice day wherever your ads. Hopefully that's it. So thanks so much I appreciate it. I'll see you on the next one. Adios