 And now let's jump into a little Q and A, and we're off. Let me get this out of here. Hold on. Ah, Dennis Conrad, thanks to the person who gave me a membership. That was probably Jorky. Jarky, he's probably here again. Sheldon says, I missed the Canadian part. There's two things. One is there's an old, it looks like an old law that pertains to certain provinces in Canada Ontario, Newfoundland, those areas where you can only get up to, I think it said, let me just show it again. I think it was $30,000? Yeah. Anyone that buy a limit of $30,000 in these areas. And again, I've seen this on Reddit post seven months ago, so I'm not for sure this is actually new. But again, I said, who cares? We'll just use a dex, buy a bunch of Ethereum because there's four unrestricted cryptos that did not count towards your limit. And one was Ethereum and Bitcoin. Just use those on the dex. Pretty simple. That's what's up. And back we go. Rob, I challenge you to do a full stream without saying the word crypto. It's pretty hard. I mean, like if this channel was about health and fitness, I think I'd be pretty simple. But since the channel is mostly about that, I can just say digital assets about a thousand times. So this is a good question. Have you heard about Celsius clawbacks? Yes. And what would you do if they came knocking? Here's a thing. So the Celsius clawbacks is, if you took any crypto off of Celsius within 90 days, they're saying that they own that. Well, they don't own that. What the heck was that? There's two different types of wallets that Celsius had. One was an urn and one was a custody. In their terms and conditions, the urn, that was theirs. In the terms of conditions, they clearly say like that. But as far as the custody, there was no defining guidelines. So that wasn't their property. That's actually your property. That was my property. Everything that I had on Celsius, I actually moved over to custody. And I was waiting to transfer it over because I didn't want to go through the whole process of getting the accredited investor. So I was like, why should I get that? And you guys don't get that. It was a thing, it was a stance that I did. I'm glad I did it because that's what it is. Now they're saying like, look, if you took it out within 90 days, we're thinking about clawing it back. It's only been talked about in the courts. I don't see how they could possibly do that. They could probably contact you and be like, you owe us blah, blah, blah. Really. I don't know what happened to that because I can't give it back to it because it was a boning accident. I don't know what happens. Talk to my lawyers. I don't know. I don't think it's going to actually happen. But if it does be interesting, love to see how they get all that crypto back. I just don't see it actually happening. I think it's more of like, just because they say it, everybody talks about it and it's going to be a big thing. I could be wrong though. Rob, so what it says is try to sell Bitcoin? It depends. It depends on what they want to do because really what that Bitcoin should be done is to pay for, of course, it has to pay for their upkeep and their operations because they want to keep the lights on for the Bitcoin mining. But that should go right back into the fund to make all of the investors whole. Full stop. That's it. Uh-oh. Just watch Coin Bureau's data storage centrally on Google. Shocker. Well, it's a centralized data source. Even though it's in the cloud, they have these huge data centers on these warehouses. That's not surprising. Yeah. Will says it right. If your funds are in the custody account, you should be able to get your funds back. Trust me, that's where my 3%, it was actually sitting. Should have taken it off, but I didn't. And that's it. So we'll see what happens. I don't know. But I mean, that story did give me a little bit of hope. But again, like, as far as I understand it, Bitcoin mining is a tricky business and it's not always profitable, because the price goes down precipitously and we're still hovering around 24, 23K. If it goes at a 30, 40, 50. Okay. Now we're talking as it, you know, as it pumps out 100,000 plus Bitcoin per year, whatever it said, that could do a lot of things. The problem is, you know, it has to keep up with that price. And I don't see the crypto market doing much for a couple more years. That's just my opinion. Some people are more bullish than me. Yeah, that's it. But the thing is, is like this, is if it is that case and Celsius does do this and Celsius is okay, they say, okay, look, we're going to mine this Bitcoin. We're going to keep the lights on and we're going to do this for two, three, four years or however long it takes to make all the creditors whole. And imagine this, if they can generate roughly 15,000 Bitcoins like they predict, two, three, four, five years to get everything back, would you be like, no, give it back to me right now? And then the next question is, you know, who's going to oversee that? Who's going to make sure they don't screw around with our funds again? I think that's the whole legal process for Chapter 11. Maybe they have to appoint somebody to actually oversee the whole process to make sure it's on the up and up. Now that would be interesting, but I see how it could be. At Benjamin Cohen, what is he doing? If you haven't checked out Ben's website in the code versus very interesting. It's got a lot of great charts. I use them. I can't show you, but they're pretty great. I actually included those on my new bull run strategy video. Pen's in the chats. Let me tell you, Ben, I think me and you on some things are on the same wavelength. I don't see a lot of things happening for a while. And I think it could go down a little bit. But isn't that big of a deal? It's funny because me and Ben and James, we're on this continuum. And Ben's way over here in Bearland. And I'm kind of towards Ben, but I still like to invest in the Alts. And James is way over here. He's like, everyone's going to be great. I'm like, I don't know of James. But I appreciate the different views. That is for sure. What else? We're holding the three minute expansion moving average. That's good. I joined Ben's bull market support. Ben, I'd like to see it hold. Who knows? And that's a dumb one. Oops, I forgot this one. Didn't miss much. So the only thing you miss was Celsius is going to sell their, their mind Bitcoin. There is a pension fund that got screwed over $150 million by investing into Celsius. And you got to remember something, just to take this into context, $150 million for a pension fund. You know, it wasn't just one guy going, yeah, it looks pretty good. I'm pretty sure they had a massive or a pretty good amount of people doing their due diligence, looking at the whole process, looking about what it can be done, taking a look at the risk assessment tools that they were given as far as like a pension pension fund. And they still went forward. Everything works awesome until it doesn't. Technology is great until it isn't. And it's the same thing with these businesses, right? Things just, I mean, Mt. Gox was probably awesome back in the day until it got hacked because of whatever, well, the massive hack that it had back in 2014. And it's the same thing along the continuum as all the exchange and all the different things that go on with crypto, even in the DeFi. It works great until it doesn't. That's why this is the one sector that you can't just set it and forget it, like I used to say. It's not like investing in the S&P 500 and going, well, I'll come back in 10 years and I'll probably be up. This is one of those places where you got to be on it like 24-7. And you got to actually keep up the date as much as humanly possible, because if not, the change is so fast. There's asymmetrical returns, but you got to do an asymmetrical amount of work to keep up with it. Sorry, that's just how it is. What? Jungle Inc. became a member? Well, that's it for today. I'm good to go. Thanks, Jungle. I appreciate that. If you don't want Jungle Inc. channel, it's pretty good. I love watching Jungle Inc. when I first got in, especially about the XRP stories. Always good stuff, man. Always good stuff. Gary Reid says, I didn't stay in Celsius. Voyager fans from any of those cool things people were talking about and gains on. Yeah, sometimes it's best just to sit back and go, is this really going to make it? It's all about risk. Actually, I did a quick video on risk. I'm not going to put it on YouTube. I'm only going to put it on the website. Don't freak out. Website's free. Dan teaches crypto. And I said, there's really three things I always ask myself. It's the what, who, and the squeeze. So I always think to myself, what's the worst case scenario? Who's it's going to affect? And is the juice worth the squeeze? And what I mean by that is, what's the worst case scenario? So if I come in and I spend 20 bucks on tomato coin per week, whatever crazy stupid crypto that's out there, what's the worst case scenario? The worst case scenario is I lose all my money in tomato coin. Okay, who's that going to affect? Well, it's going to affect nobody. Because my wife doesn't care if I spend 20 bucks on some stupid crypto. So no big deal. And then is the juice worth the squeeze? Meaning is it likely to go up? Or is it easy to do? Well, I just put it in a deck. So no big deal. So sure, I can get away with that. Now let's take the flip side. Okay, I'm going to invest into Ethereum and I'm going to sell my house and my kidneys. And I'm going to put it all in and write it all the way up until the merge and then sell because, you know, buy the room or sell the news, right? It should work out pretty well. Okay. What's the worst case scenario? The worst case scenario is it crashes way before then and I lose 50% of what I just put in and I have no house. And I need a kidney transplant. So who would that affect? Well, that probably affects the people that are around you, your wife, your husband, your kids. And then is the juice worth the squeeze? Meaning can I do this? Well, it's very tough to sell your house right now. Who did not six months ago? Probably been a good idea. So in that situation, no. So what's the worst case scenario? Who is going to affect? And is the juice worth the squeeze? If you think about those things as far as risk, you really understand that there is a lot of opportunities that I really shouldn't get into. And that's what it is. Ooh, what's up with Jack in a Crack? Man, me and you both. Me and you both both got medical. I'm feeling good, feeling okay today. Not as good as yesterday. Taking these supplements, we'll see how it works out. Man, I have been wiped out though. Jae Young Chow, would you sell your ETH that you bag held from 2018 at the East God Rockets of 5,000? Profit is profit, right or hold. I'll stay 20 years to make it back from mining. First of all, if Ethereum goes to 5,000 a piece, I wonder if that would even flip? Let me see. If it goes to 5,000, what's the market cap? Yeah, that would roughly flip Bitcoin if it happened tomorrow. So first of all, I mean, if it did, that'd be great. I don't see it happening. And then if it went to 5,000, want to take profits? Yes, absolutely. And if people say, well, you got to wait for that merge. Look, I'm never going to time it right. It's just how it is. And if I'm up, because I've been buying Ethereum across the way as it goes down below 2,000 and 1,600 and 1,500. So time to take little profits. And then as it goes down, which inevitably will, because if nothing goes up forever, right, then I feel okay. And I have a little bit of dry powder. And I can do the things that I want to do. You know what I really want to do? I'm waiting for this housing market to start crashing around me so we can pick up more properties. Now, that would be awesome. So to answer your question, yes. Capitalist Pig, thanks for the free membership. Jarky, thank you. I'm pretty sure it is. J-H-1 Wrench. Let's do that right now. Wait a second. Wait, wait, wait, wait, wait. Oh, who asked me this? J-H. J-H. Who wants a wrench? No, not you. Bert. Jack in a crack, you already won. No easy wrenches anymore. Yeah. Okay, so there we go. All right. That's all the wrenches for today. Too much power for me. No, it's not that much power. If you can get your ball, if you can dodge a wrench, you can dodge a ball. Don't wrench me. And I think that's it. Eris says, is there anybody else you follow that's not in your link tree? Yeah, this guy named Ryan Holiday. He writes a bunch of different books and has a YouTube channel and a lot of social media. It's called The Daily Stoic. I actually linked that in the description. If you want to just find some mental fortitude, listen to and read some of the savings from like a Seneca or a Marcus Aurelius. And that's you can do for free over at The Daily Stoic. And there's no affiliate link. It's just his website. And you get these daily reminders in your email. It's pretty good stuff. Helps out a lot, especially as we get sometimes just get dunked in. Yeah, Daily Stoic is the best. How do you know those do you own? Apartments or houses? Condos. Well, we got a couple in Houston and three or four in Puerto Rico. And then we've got some here mostly in the apartment complex. My wife does the apartment complex. That's her thing, not my thing. So here we got like four or five over in Puerto Rico three and then Houston three. And then the complexes and the condos or something else. I should. Anything new with Voyager? Yeah, there is. Kind of. Sort of. So I did this video a couple of days ago. Let me see if I can find it. So let me go back. So over at Dan teaches crypto 100% free. I'm going to go through a that doing this one. First of all, there's two videos I'd like you guys to watch. One is this one, the 2024 bull run exit strategy. I've got certain I've got seven different indicators and they're all free except for Ben's website, but it's worth it. Time and risk PyCycle Top and UPL and time and risk and the bottom callers these right here. Anyhow, and I'm just going to talk about this year. So I like that one. That's a good one. And then as far as for Celsius there was a video I did. It's more like a story time. It just talks about how zoo and Jeffries Davies from Three O's Capital pretty much just wrecked the whole market dropped from three trillion to one trillion. I know they weren't the only thing, but they were the big factor, which was the whole linchpin that caused the cascade effect and that video I talked about the amount of money that that Voyager was holding on to and in one of those spreadsheets it talked about the loans that they had and it said I think it was like 472 million and it said EX3AC and I was and I said that wrong. That's excluding the amount of debtors that they had or the amount of what they were supposed to look like they had to repay was 1.8 billion and if you add everything up, they had around 1.2 billion so they're in the whole roughly 600 million dollars which actually is not horrible. 1.4 to 1.8 and 400 million dollars and of course at the end of this month we talked about all the different offers that are being put on the table not by FTX, that was a bad offer but by a bunch of these bigger institutions, bigger companies so I'm looking forward to that well I think they'll make everybody whole I don't know I think we're all going to take a little bit of a haircut the question is how big and if I had to put my money on it to see who would come out of this easier or with the best outcome in Celsius second that's it what's your role in the t-shirt game I have no role what's your thought about Project Sanko I have no idea do you think Ethereum will surpass Bitcoin capital in the coming future anytime soon so oh said Lune actually started it no oh watch this video watch this video I just talked about right here it was the three arrows capital they were borrowing from everybody and instead of them because they were seen as like these wonder kids instead of them giving up collateral they would just say no no no we'll give you 10% interests, 12% interests, 14% interests and that's how they got everybody and they said well we see your balance sheets looks like you guys are doing pretty good unfortunately the balance sheets was from who they borrowed and from somebody else somebody else it was just a big really big thing about it it was almost a Ponzi for a while it started out legitimate and it turned into a Ponzi I think that's the same thing with Celsius I could be wrong we'll see how it comes out in Chapter 11 that's what's up I like the one in the Peru, yeah me too I gotta go back there very soon, can't wait maybe so we'll see what they do so the question is whether Celsius sells Bitcoin or not they value it as the day of filing it in fiat then they'll pay it off in fiat not in kind coins so I think that would have been true especially if you would have signed up for the there was there was a formula to fill out through their legal team Sereto whatever the name was were and you could fill it out and you would say how much you were owed in dollars and then like nobody did it or very few people did it and they said I want my crypto back so now there's supposed to be a new form to fill out with your actual crypto so you would say like I have one Bitcoin and 20 ETH instead of you know counting it up on the day because if that's the case and they will pay you in cash when do we hit the moon I don't know is your back on a green screen yes it is I'm in my mom's basement green screen it's just very very I make it very fancy sometimes I even have my dogs walk right through it you don't feel but it's a bizarre comment yes it is that's why like I think it's amazing you can go to MSNBC CNBC or any youtube channel and you know you'll have one video going hey we're going to go through this problem or no issues whatsoever it's going to be a soft landing and then the next video is like we're going to go down in a blazing glory and it's going to be just like the worst thing of all time like a nuclear holocaust yeah you just don't know and that's it I think we're good, did I miss anything what's an absolute banger for the next bull run probably bitcoin just play it safe that's what I'm going to do there's more bitcoin maxies getting minted in these bear runs especially this one this one really did suck what's your opinion on bitcoin ATMs like bitcoin at the moment or bitcoin ATMs like to buy things I think it's a good way anonymity but the prices are apparently super expensive to buy it through an ATM and also on these bitcoin ATMs if you bypass a certain amount you have to do some type of KYC type of thing so if you want to buy it anonymously you can do it it's going to cost you a lot of money but I think they actually track you on the way I'm not for sure I've never used them I just read the articles on them I don't like using them I wouldn't want to use them and that's it I don't know everybody I don't know we're coming up in like 40 minutes or so that's it I gotta get some other things done today so look if you like today's video first of all thanks for stopping by hang out with me for almost 40 minutes that's pretty great I appreciate it if you like today's video give it a thumbs up consider subscribing all those things and that is it for today so thanks so much on your way out just hit the like button that would be fantastic and I'll see you guys tomorrow bye