 Hello everybody and thanks for stopping by we've got a lot of things to go over so let's just jump right into it not waste time So first of all, I put a tweet this morning and I can just tell you right now that I am not a geopolitical expert I don't know anything Remotely what that is going on with this war and the story and the back stories behind it So I'm not even going to pretend to say that I do or try to explain things at a very high level This is the information I have and this is what we're moving going forward and I sent out this tweet this morning. I said this Just remember that we can't control the events that happen The only thing that we can control is our reaction to them I want you to remember that as we move forward for all this information and Again, like all this this stuff is happening so fast So of course you can find a lot of information on Twitter, but this just happened a couple of hours ago This is from Mario Nafal. And of course he's the one that does all the different Twitter spaces And he says he says confirmed Hamas is open for a truce discussion already Musa ab Abu Mazur thought I just just zero Hamas has achieved his targets Ask if they're wanting to discuss a possible ceasefire said it was open to something of the sort and all political dialogues That's what's going on in the world again I'm not going to get into it because this that's not my my area But what I want to do is I want to take a look at again control the things that we can control and Take a look at historically how things have gone for wars and Traditional markets as well as Bitcoin and the crypto market. So there was a really good interview this morning with Muhammad al-Rin He is a alliance and Gramercy advisor. He's also a Cambridge College I believe and he's the chief economist there at CNBC and They asked the question like how is this going to affect the markets moving forward right now? So he's going to give a pretty good piece of information just take a listen This is only like a minute long. It's seven minutes. I linked in the description. You can check it out but let me make sure you can actually hear what he is talking about and Just take a listen here Thoughts and prayers all with the families and friends of those who lost loved ones and all the other innocent people Why are they missing? Or have been taken hostage Look, this makes the US outlook even more difficult I think the key question and you've got some really good guests coming up is Is this conflict contained or does it bring in other parties so far the markets are trading as if it's contained But if this expands and brings in other parties, then the outlook is for Even a weaker global economy even more inflationary pressures and the markets are gonna be be finding it hard to deal with that So yeah, and you can see it right there we bring this back up because this was in the very early morning This was pre Before the markets actually opened up and of course everybody's gonna talk about the same thing here comes World War three This is the worst thing of all time and this is just awful And again, I mean, I'm not saying that it can't be or could be or will be I'm just saying This is what the information that we have and of course when he said that it's all priced in or people are The markets are treating it like this is contained when we take a look at it in general I mean over the last over the course today right now It is 530 markets are closed. I believe in New York and we can see that over today I mean it started off kind of rocky, but then off we go. How do we look over five days? Pretty good How about one month? How about six months? How about a year and of course how about max? I mean overall the markets themselves look like it was no big deal Even though we talk about these things about the worst thing and then of course our markets Took a little bit of a drop and I am actually This is not going to sound right, but it but it is right I'm glad that we are trying to finally get a little bit uncorrelated now We talked about this a couple of days ago We had it was a Dan Moorhead Interview from Pantera capital and he even said he goes crypto Bitcoin and crypto markets are becoming uncorrelated and that is very good And we can see right here that today was a pretty great day of press and thief 500 However for Bitcoin the rest of the altcoin market. It looks pretty red and going down. So the question then becomes If this starts to go out of control and if we see Different players jump in and different countries and it becomes a bigger thing How does this affect us in the markets again? I feel terrible for what's going on over there I can't control that I can only control the things in my sphere So I need to take a look at how different wars have affected the markets themselves And this is from science direct and it talks about in February 24th 2022 Russia invaded Ukraine Remember that wasn't too long ago. I remember when that happened. What did we say? World War 3 is coming? This is awful. This is the beginning of the end. It's like that for every single war just about I'm not saying The end is a near I'm just saying that's what we say every single time. This is February 24th We can see here the markets. This is the NASDAQ S&P 500 MSEI world in stock 600 Europe And we can see that in the very first day There's actually a little bit of an uptick because no one really believed it You know, like is that really true? That was the 25th then 28th came around in February 1st And we're gonna see or see me March 1st and we need to see that thing started to to decline quite rapidly And then of course the market says, okay, this is what it is It's not too bad and it kind of rally and it starts here at the end of March So when I look at this I'm like, well that looks pretty good, but that's March 2022, right? So if we take a look at the S&P 500, let me bring this together so you can see it better When we're talking about the S&P 500 and we're talking about the historical trends and what happened, let's bring this together So if we're looking at March of 2022, that's right here and that's where they stopped and it looked cool, right? It's like, oh, that's not too bad but then it just started to just collapse and collapse and Collapse I thought to myself. What was this? Something that had to do with the actual war itself now could be but also remember during that time What did we see? Well, we saw Gary excuse me Jerome Powell I was going to say Gary Denzer as if he's like the number one evil person of all time But it was Jerome Powell who's not evil I think he's doing the best job that you can possibly can but what they started to do around this time They started to raise rates and as the rates went up Everybody in the market, of course, they were saying he's not gonna do it He's not gonna raise and he raised again He won't do it this time He did it again and again and again and again and again and of course now we are settled out Hopefully they can get this magical 2% I'll then they're gonna get it for quite some time But we'll see so but then we took a look at that and then I thought to myself Well, how do wars in general affect all markets and going back to the big war in World War two actually Let's just start up here So if we take a look at the S&P 500 index Saudi Aramco drone strike the Iranian general killed. I don't have anything for that on this one So yet as a 2020 for some reason this was not updated But the drone strike in 2019 North Korea missile crisis the total drawdown was negative one 1.5 negative 4% the bottom took 14 and 19 days time to recover 36 and 41 I'm not gonna go through all these things, but if you're old like me, you remember most of these things US terrorist attacks 2001 Iraq's invasion of Korea of Kuwait 1990 Reagan shooting 81 Yom Kippur war 1973 and that was the one that was roughly 50 years ago Which is what happened now today 50 years in one day negative point three negative point three the bottom was a day two days Nothing, but this is the thing Pearl Harbor World War two because that's what everybody says right it's gonna be World War three how bad was this in the markets themselves Well, that was on December 7th, 1941 World War two ended in roughly September 1st, September 2nd, 1945. That was one victory was declared So it went down at this time frame at the bottom It was a 20% drop 20% drop in S&P 500 for the greatest war We've ever been in World War two 20 percent the time that it took for the bottom was a hundred and forty three days So it's like a hundred four days at the bottom and it took less than a year to recover and that was in World War two World War two So if we take a look back here, what would that look like? Blow this up again So if we take a look over here, 1941 right somewhere around here And we just created out and then in 1942 is when we bottom and look what happens 1943 and then they come up here and coincidentally what I find quite interesting about this piece Let me blow this up so you can see it. Oh We rallied into a recession. Of course, this is the Great War. We rallied into the recession We had a recession the market said we know what's coming and We kept going up and up and up and up now We care, you know, took a bit of it of a dip and dropped down That was a massive massive event and that's how bad it got Less than a year moving forward and then of course, I don't I mean take it for what you will And this is not something that I'm bragging about just telling you I can only tell you the information that Kind of ease some nerves stock markets are less volatile one when the US is at war, but we're always at war It seems like then stop us for Iraq or Afghanistan 20 year war and left everything over there That's a rant. I'm not gonna get into and then markets at war You can see the full history 1926 to 2013 up in the 2013 the return for large cap stocks 10 11.6 percent for small cap long-term bonds 5.6 5.3 and so on and so forth even in the Gulf War Of course, the risk is a little bit elevated. So that is it a nutshell as far as war Markets and Bitcoin because I know when people hear about it It's very sensationalistic when you see World War three evidence coming to an end. This is worse fire emojis blah, blah, blah But historically, this is what we have and of course I pray That peace and cooler heads prevail, but we'll see Let me just think about that in the comment section and also as a quick reminder That I know some people. I mean even myself. I get a little bearish. I mean, hey, I'm human I see some of the negative that's going around But I gotta tell you as far as the miners go they have no problems being bullish and of course Bitcoin hash rate Hit it's all-time high yet again So here we are October. I think it stops at October 8th Sunday. Yeah, October 7th So we've hit a hash rate all the way up to the very the top Of what we can produce and all the different mining operations and mining rigs are going full tail You know much money that is for electricity and then to upgrade all those rigs I think they know what's coming and I think that when we see a bull market whenever that is 2020 420 or 526, I don't know where it is. I don't have a crystal ball But when that happens some big money is betting big on this market and I can Kind of feel where things are going but again, nobody has a crystal ball. I'm just saying it's not all bad Things will be fine Time in the market greater than timing So that's it for that piece. Let me just think about that in the comment section And now we talked a good amount about bitcoin and wars And I want to switch gears just a little bit so don't hate on me But we're going to talk about all coins So everybody just Just calm down. There's some good things going on out there. Not just bitcoin. There's some all coins that are doing great for For transparency I'm biased everything. I'm going to talk about I own I own bitcoin I'm going to talk about cardano I'm going to talk about solana. I do not hold Internet computer protocol, but there was something very interesting that guy showed me from coin bureau So let's just jump into this shall we First things first. Congratulations to world mobile token. They launched their first aero stat It's a that's that blimp behind mickey walkins right there And he was live on cmbc africa. This is a minute and a half clip and I want to say congratulations And I can tell you that there are some parallels between what is mickey is saying And what uber did back in the early 2000s, so let me just listen to this this video real quick Let me see make sure that you can actually hear this About a minute and a half take a listen You'll experience operating this kind of the kind of what are you operating in zanzibar? Zanzibar, we wanted to unleash the entire sharing economy So our network our dynamic network is made up of two different types of assets ground So terrestrial assets and ones that fly or fly or float floats So in combination we wanted to use zanzibar as the perfect testing ground to show that this could work And you have this ubiquitous huge coverage maybe one or two aero stats covering the whole of the islands around zanzibar As well as the ground network taking the capacity so that we could cater for the million people on the ground there Unfortunately, and we're still waiting for zanzibar to give us permission to launch But whenever they do we're ready But mozambique on the other hand the regulator has been incredible And so has the the flight authorities and everybody involved in the whole process So in zanzibar, we wish to show this but we waited 11 months And we're very happy the mozambique was next on our list And we have another seven or eight different african countries and middle eastern countries Who are also waiting to to deploy these aero stats to see what they can do And if they truly are 12 times less in coverage because if it is That much cost difference this can change the entire worlds and the entire Way that we connect rural areas and finally it can be profitable Which means ultimately the end user the person on the grounds with their handset as affordable cheap connectivity to take opportunities into their own hands Yes so again hats off to mickey and the whole world mobile WMC World mobile token as they did what they said they were going to do Which is actually launch and make things incredibly cheap for telecommunications and giving the unconnected Connectability and this was and of course in mozambique they launched and this is A picture from the balloon itself or the excuse me the aero stat I don't know who took that that picture above the aero stat But pretty amazing that they actually launched it and got it off the ground Which is they're doing 99 percent better than most of the tokens out there are coins That say they're going to do something. Don't do it. These guys actually did it and what he was talking about what he talks about This is going to be less expensive This is going to be able to get everybody accessibility When I was listening to this I watched this netflix docu drama last night. It's a season It's over like four or five different episodes and it takes a look at uber and what they had to go through To actually make uber a real thing and I want you everybody to watch this when they have time If you have netflix, I'm sure you have netflix You're probably stealing the username and password from your uh from from significant others or whoever else you're stealing it from I'm just kidding. I'm sure we all pay for netflix but watch this this series And tell me if this isn't the same thing that's going on with bitcoin With all digital assets as these guys got railroaded and rammed down Because they were trying to change the status quo and we talked about and you're going to hear this term a lot stickiness And how easier it is how cheaper it is and how much better it is Compared to the age old adage of the taxis back then and what it would be like if they didn't do what they had to do Take a listen to that And tell me if it's not the same thing that's going on with world mobile token and everything else that's out there And yeah, let me just think about that in the comment section and also Some more good news I know we get bombarded with bad news So I try to give a little balance and uh some days when there's more bad I give you more good sometimes when there's more good I give you more bad quite honestly But this is from my my guy classy games And he says star atlas. This is a triple a rated game. That's uh pretty much ready to come out pretty soon Uh, there's some there's some beta testers and people playing it right now star atlas I didn't know this it's well. First of all, I knew it was built on solana and it was using solana As their platform But they are 15 percent of all solana transactions globally 15 percent When I talk about web through gaming because it actually has utility and people have to use it. I'm not Why this is serious? This is I think is going to be the future Which is web through game now. It could be wrong. I've been wrong on many many things moving forward But I want to say thank thank classy for finding this and I was like is this true because This is just some tweet. Well, I want you to go out and you can verify this There's analytics.soulscan.io forward slash overview. I linked in the description because you're not going to remember But that's okay Just go over there and you can find a bunch of information on solana Transactions per second and I find this very weird transactions per second and success rate tps 4523 transactions per second. It's pretty good. But the success rate is 98.85 I need to dig into that. That doesn't sound right, but I'm just maybe not looking at it correctly. It doesn't matter This is what I want you to verify Here's the there's between the vote transaction and the non-vote transaction vote transaction Just you it's just people being on the actual chain and voting for whatever else it is And of course it pumps up the numbers But non-vote transactions people actually interacting with the chain Making purchases moving things around not boats. That's far far less. And that's what we're looking at. That's 16 million 435 6778 and of course over here the sage and of course sage labs is responsible for Star atlas and they're doing 2.2 million transactions. That's 15 percent. So again, I think this is pretty great Speaking also of solana Oh, there's another one if you want to take a look. That's the block but same thing. It's being another thing of solana Uh Solana and bitcoin are neck and neck for institutions buying. I don't know if you knew this But we had covered this a couple of weeks ago or maybe it was even last week. I forget But solana investment products see the largest week of inflows since march 2022 I thought this was a repeat till I saw the date october 9 2023 So this is correct Here's what we got digital asset investment products asset managers such as coin shares grayscale 21 shares bitwise and pro shares Recorded inflows for the second consecutive week both since july adding 78 million led by solana and bitcoin funds interesting Solana investment products return their largest inflows since march 2022 adding 24 million so Solana put in 24 million out of 78 million And of course bitcoin did much more but still solana is a nice close second Bitcoin dominated the overall inflows adding 43 million. However, some investors Did capitalize on recent price strength began adding to short bitcoin product positions, but that's only 1.2 million. So again Well, obviously, oh and solana so because i'm talking about it But I think it's a pretty good thing for solana to have a second straight week of inflows from institutions buying it Buying itself out now then This is something I don't own But I thought it was very interesting and maybe at some point I will buy it. I'm not for sure Internet computer protocol ICP, which I always thought was in st. Claude posse, but apparently not There was this great video from guy over at coin bureau and he talked about his 10 Uh tools that he used over there over that coin bureau and one of those was cryptomiso.com again links in the description It's a free website and what it is. It's it's github commit history Of 218 cryptocurrencies based on the most popular repository, which is github. So this is where the developers are going right Now i'm not a developer. I've never used github. I'm sure there's a way around this But apparently this is like a rough estimate of What developers are actually doing? So if we take a look at crypto commits for the past 12 months, and this is 280 218 cryptos not all of them that will remind you But icp is number one sushi swap Close second 4500. Mina. I don't know what that is. Solana 33 wait pancake swaps 27 mass 2597 chain link, which is huge and popping off 2400 rubik bitcoin bec2 and cosmos and shame Bitcoin's number 11 now. I'm just getting bitcoins fine. Whoa bitcoin cash e-cash. I don't know Bitcoin cash abc. That's ridiculous, but okay Now that's 12 months, but rob. What about the past three months? We don't care for the last year. All right past three months Well icp is number one. Mina is number two chain. Lake is number three. Solana is number four pancake swap sushi swap mass network All that great stuff. However, I will tell you take it with a grain of salt because when I was taking a look for Ardano, it's not there. So don't just dismiss it because your favorite crypto project is not on there They got a ton, but it's found it very interesting Let me just think about that and then I will say this icp Every time I do a video someone asks me that icp. So I'm like, okay But when I saw that on the repository, I'm like that's pretty interesting. That means the people are working on It's not a dead chain And maybe it's got something to it and I had to take a look at it what it actually was Actually, I'm not even gonna try to We'll go to the uses the token itself. First of all, it's a governance token First as a government's token it can be staked to exercise those governance rights Nobody that's fine if you want to keep voting and what do anything with it, but as a utility token It can be burned To obtain cycles which serve as gas for computation and storage and canister smart contracts It can also be minted to reward node machine providers We're running computational storage. So like aws, I guess for computational storage. I'm not for sure But again, it looks quite interesting and that got me thinking If it's so damn good Well, what if I would have added that to my dollar cost average? How would I have done so I added this To my dollar cost average scheme, which I'm using ben site. You can pick it up. This part's free the dca I'm always using but for the more advanced stuff it costs, but You get 10% off for the link in the description and I took a I I added ICP to the things that I have dollar cost averaging presently bit going to therian salana cardano doge going And I want to see how well it would do And didn't come out and I was looking at I'm like, okay. This is let me blow this up This is 2020. It's not there 20 20 20 20 20 20 20 ICP isn't there yet Where the heck is it? And I thought at first I'm like man ben sites not working But then here it is. You know that ice internet computer protocol didn't come out until may of 2021 May of 2021. So if I were to put 10 bucks a week, it's all I'm doing in this one 10 bucks a week I would be down What 98 percent All right, let's go forward On august 30th, I'd be down 82% On january 3rd 20, I'll be down 82. Let's just go to the end ICP is down 76 percent arbitra was down. No, that's pretty bad. But icp is the second It's the it's the first loser the second loser why So I had to take a look at the price action for icp On coin gecko number 24 hours. I mean, you know everything has done that. How about seven days? How about 14 days? How about 30 days? How about 90 days? How about 180 days? How about a year? What the heck is wrong with this with this project? Oh, this is what it was it launched In 2021 and started out of 461 bucks in the mania that was the bull market of 2021 Remember those days? Oh great days And then just fell off a cliff and of course When I look at this I'm like, well, no wonder people think it sucks because there's no price action. Sometimes we think that price action means that a project sucks, but not all the time I'm reserving judgments. I'll do more research, but it did look fairly interesting That's so many people are working on it when it is a dead chain So we will see about that one and then lastly before we get into q&a as a reminder October 14th Honestly, the cut-offs like they're we're they're I'm giving away two 100,000 sweat coins Uh, and that will be on October 14. I'm getting away to 20 people 5,000 Yeah, I do some quick path 5,000 per per winner. I'm giving away to 20 people also. I'm giving away sweat NFTs, which are rare and epic and I'll be doing that for free on October 14th all you gotta do is uh, follow me on Twitter And just follow news assets what economy comment retweet and enter to win this thing right here in type one And of course that also link in the description and that is it for today. Man. There was a lot of stuff. So look I know there's a lot of information There's a lot of things going on right now. I think it's important that we just keep abreast the situation of what's going on I know there's a lot of negativity, but remember there's only so many things you can control Deal with the things you control and with the outside outside and that's it