 Great, well, there's the last set news take a top stories and crypto and bring them down to bite-sized pieces today This is the thumbnail suggests a lot of people got hacked As far as the YouTube videos go So we're gonna take a look at which ones are being hacked and what I assume is going to be a Rolling hack as far as a scan that comes about and what it all means So we'll take a look at those things that are going on also We'll take a look at a little story about how the White House is going to get into Crypto again, we'll be releasing a report pretty quickly and it's all about Triage and actually just keeping itself Competitive as far as America and lastly we'll talk about right what I think is a pretty good video as far as Bitcoin ABCs and What's going on with the market which we have to take a look at right now so before we get started make sure that audio and video is good already on test but just to make sure and Just so you know we did I did this video pretty I put this together pretty quickly Because of what's going on because this is an odd is an odd day to see this many youtubers Get Hacked in one fail swoop. It's like it was like a coordinated event So let's just quickly quickly review what's going on into the market And it's another another day another day in the market or things are going down and things are going down because people are afraid and they're afraid Of everything's going on with the Fed and if that's gonna come out and the sky's gonna fall and they're going to you know Raise rates, which they probably will and will they keep raising rates? Well, we did a video yesterday and talked about that and they probably will but the question is will they sustain those rates and keep coming out and Pushing out three four five six rate hikes. I don't see how they could potentially even do that without crashing the entire economy So we'll see how they do it, but I don't see it Happening. I think it'll be what they call a soft landing. So But if we take a look at the markets, everything's down Bitcoin's down seven percent in seven days twenty two percent Ethereum is down thirty four percent all twenty two hundred dollars Cardano down thirty percent in seven days twenty seven percent everything is down across the board man 41 percent for polka dot and of course On top of that we're gonna see what happens today as the markets open up. It's only It's 9 a.m. Here in Puerto Rico, which is Atlantic Standard Time Eastern Time is Eight so the markets only open up for another hour or two So and of course everything across the US is down Asian markets may be playing around But this is what we have right now. So this is what we left off with SMP and the Nasdaq is down But this is the story Today and I wanted to put this out as fast as possible. So we'll make it pretty quick This is what happened when I woke up today just perusing through my feeds about the different videos that Are popping up because I subscribed to all these guys and the first one Actually the first one I saw was coin Bureau But this was one of the ones real vision and there was this video that came out and It's it's weird. It starts off with like like warning. It's like a like a like a minute long video There's this beep in the background and says warning This is a sale going on and it says one world crypto and I blocked out most of the contract address because this is a scam I don't want anybody to copy it down for some goofy reason like oh wow It's only point zero zero one This is a scam and these are just scammy things that people do so what's weird to me is that real vision was hacked Also, there's another one Coin Bureau which friends of the show almost two million subscribers They were hacked this came out and then also morning invest and I've also heard stories like crypto banter got hacked and Nicholas Martin from Data Dash got hacked But that's what we have right now But if I when I went to the channels I these are my screenshots that I took it was it was it was Coordinated because you can see right here. This was in the morning 8 17 a.m. This is a 21 This is a 27 so within 10 minute time frame. You had all these different Really crypto youtubers all got hacked at the same time. They logged in they uploaded this video Thankfully, they didn't delete all the other videos and that's how they got so now if you take a look at like coin Bureau That video is gone, which is great. They are they were on top of it quickly morning invests They still have it right there for some reason. I'm sure it'll go away when they realize it when they wake up And then real vision they took it down as well So that is what's happening and what I think is going to happen moving forward Is that you're gonna see more of these the same video is gonna come out because it seemed like it was staggered and it started off with like I said like Like morning invest or coin Bureau and I kind of just worked its way and we're just like every couple minutes Another one get hacked which was amazing to me So I think today as time goes on you're gonna see this same video and it's gonna look You know something goofy like this some one-world crypto which again is a scam 100% is a scam That's a scam to scam so just make sure that you're aware of that now for me and you We're probably like well, of course Rob. That's an obvious scam But remember we're not like everybody else and there may be somebody who is new to this and like oh, this is this Trust me this I get emails all the time and people like oh, this is looks like morning investors is talking about this great This great crypto our real vision is time of this great crypto and there's a sale And they want me to know about it. Trust me the scammers don't get rich off 99% they get rich off the 1% who don't know what the heck is going on So that's why we talk about this So that's what's going on in that part and then also this was the the most interesting thing to me This is the guy in the team over there And like I said like within minutes they're like so let me blow this up so you can see what I see They said so our YouTube channel was hacked. We have absolutely no idea what happened All accounts are secured with strong passwords and Google security keys I'm guessing he's talking about the two-factor authentication And YouTube crazes is a serious problem with with other creators are also experienced Please fix so I have the same thing we have passwords. We've just recently changed our passwords. Maybe that's why we didn't get hacked I don't know but also we have two-factor authentication to FA Which if you don't know that's it's a it's a Google to FA which will download a code Every so many seconds and that's what you need to actually get into the actual account so We have that and looks like guy in the team also had that I'll verify that later and but they also got hacked so the question is That's supposed to be unhackable and it looks like it was hacked so there's two two things Well, there's actually three maybe it wasn't turned on that's one part right the next part could be Well, if it was hacked then how secure is to FA? How secures anything and the third thing is was this some kind of inside type of thing? I'm not here to make any accusations I'm just asking the questions because it doesn't make sense to me whatsoever So that will be interesting to see what happens, but that is what we have Let me know what you think about that in the comments. We'll I'll take your questions in a bit Let's move on to our next piece which is the White House and crypto this was a Quick snippet information that I found out Over a block works if you don't follow them on Twitter. They're great follow those guys So block works came out with this article Which they picked up from Bloomberg and what it talks about is this which I'm I'm cautiously optimistic. This is this is good So White House has said to put itself at the center of US crypto policy Biden administration Apprentice released an initial government-wide strategy for digital assets as soon as next month And task federal agencies that's plural With assessing the risks and opportunities senior administration officials have held multiple meetings in the plan Which is being drafted as an executive order and to finish up the directive would require other agencies Plural to weigh in carving out rules for everyone from the state department to the commerce department everybody in between Those tasks were meant to ensure the us remains competitive. I'm going to read this one more time Those tasks will be meant to ensure that the us remains competitive as the world Increasingly adopts digital assets. So here's the thing We know what's happening. We know what's going on The US wants to be competitive. There's a big reason Why a lot of those chinese bitcoin miners came all the way over to tex. I believe America wants to be a part of this. I believe that they want to Be in front of it just like they were with the internet when they created law 230 in 1996 when they allowed for a little bit of wiggle room and allowed the internet to flourish So this has to be done To keep us competitive with the rest of the world because if not, we're in a global economy They can go someplace else and then when I talk about agency's plural This is how I've always seen it If you know my history I was in the army I was a medic and we did a lot of things called triage and triage, you know, people would come in you see just how how Bad they were how good they were and if they could be saved and to me I think it's the same thing here in business. We take a look at We triage, right? So you give different responsibilities of different agencies so with The cftc let them deal with commodities and we can decide what it is with the Securities the sec does that then with the occ the office of the control of the currency They deal with currencies just create another agency that oversees all things Crypto digital assets and you can triage everything out the right way and they can work within those groups But I think you have to create another one. Hopefully that's what happens. But again, I think this is positive and you've I know people don't like regulation. I get it But for people to come in People that have been playing in another sandbox We need a little regulation to go far if it wasn't for a little regulation like I say law 230 When it came about as far as not allowing These internet service providers to be sued for things that were said Or posted on their websites. We wouldn't have the internet today So a little bit of regulation goes a long way the problem is when you get too much regulation like genzler I know he watches the show Gary don't be so heavy-handed allow things to flourish. So that's what's going on in that part And then to finish up Here's a great video to get everybody back into a little bit of a better mood. I know right now it sucks because of What's going on in the market itself, but there was this great video. This is from Simon Dixon and he was He's co-founder of bank of the future big into bitcoin It is what it is. But watch this video. I linked it in the very bottom and he talks about the a the abc's he talks about uh accumulation being the first part and then the b in the c Which is get down to get down to business and then actually just talk about all the different problems that you had along the way And uh to cleanse all the different junk that you've bought along look, you know, I have done the same thing so I thought it was a pretty good pretty great video that he put out and he does make a really good point which is There should be two different piles that you have and this is This is what I've been doing for a long time. I don't talk about enough There's your your spending pile the things you actually actually have to afford Like your mortgage and your car and things like that. I think we all should know that there's an investment pile Which you should actually just put into Uh and do what's called dca and he talks about dca. I talk about dc all the time this Me my videos and this gentleman's it's all investment opinion not investment advice But it is pretty solid opinions about what to do so watch that video I think it'll give you a better perspective about what's going on and that's what's happening So it was a real quick recap Uh, you had a bunch of youtubers getting hacked Which looks like it's down right now a real vision coin bureau morning invest. I hear crypto crypto banter also heard about, uh Who else was it? Oh, uh data dash, but it looks like they're being cleansed up But it the the funny thing is though is that just like guy says here They had passwords and 2fa, but they still got hacked. So the question is how'd that happen? Inside job and how safe is everything? So that's what we got and then of course talked about bagging and all that else So let me take your questions and then we'll get out of here I just wanted to be a quick update and not suddenly drone on too much. Okay, so Where are we? All right All right And he says 29 and 31 k is a great buy, you know in all honesty I mean Simon that's what he talks about on his channel. And uh, yeah, that is interesting And then uh, von ghost is it's a planned attack Yeah, because these youtubers like I said like every couple minutes that video would come out and it was the same video about some scam coin so The question is why didn't you get hacked? I don't know Because I have I mean, maybe it's because we recently changed our password. I'm not for sure Uh, because there was a recommendation We we try to follow the recommendations and play by the rules and we have two factor authentication turned on So I don't know The real question is why didn't everybody get hacked? That's the big thing And if you did have the 2fa turned on how did it get hacked that? It's interesting. Was it inside? I don't know Yeah, one world currency And then uh task says it's not about the fed. It's about the situation and the cramber pressure I think it's task got a good point, but it's I think it's everything together What's going on? I mean you have tapering you have the interest rates You have the stripe that's going on with russia potentially Invading into the ukraine. You've also talked about Variants and the different problems that are going on with supply chains So if you take if you look at the macro picture, there's a lot of things going on that could contribute I don't think it's just one particular thing Are we always up this early? Yes I am up super early every day around five o'clock every day And I take a dip in the pool Do you like hex? I don't understand. I mean I had Richard Hart on the show and he explained it to everybody. I just don't get it I guess I'm not that smart. So that's probably what it is Can I go back to 3k as it was in 2019 anything's possible? I'm not gonna say it isn't But who knows Thanks. No, no appreciate it Inside you two job. I don't that would be a very big stretch for that to happen. You know Yeah, let's see What I doubt that Pete's heat pizza the passers revealed as bitcoin one two three four five six. I doubt it Any thoughts or idea where this came from the hack? I don't know But it's uh, it was pretty well organized because if you're able to hack multiple accounts These accounts weren't hacked uh of the today they were hacked way before I think and they had access and because you have to coordinate it was just one It was a one person or a group of individuals that had the same video On all these different channels and you're gonna see this you're gonna see this video on different channels And uh, we already changed our password again just to be sure So if we get hacked And I get I'm telling you right now. We have 2fa. We've changed our password and everything we can if we get hacked There is a big problem Black swan is here. No, maybe BitBoy got hacked. I don't know When do you go to bed about nine or ten? What else we got Tomorrow mark or covering the dip again. Hopefully I'll see what happens Question. Are you buying? No, I'm not buying right now because I do believe we're going to go lower And I said this on saturday And I said this on sunday And I'm saying this again today I think the max pain isn't here because so many people are freaked out about the fed but you have to understand I listened to this, uh, there's a podcast on louis house And they were talking about fear and how the mind is Conditioned and if you don't believe it, there's been plenty of studies that talk about it And because we've been living in fear for so long with Maine your your position, but there's a reason why we've stuck in the house commerce is down different problems that are going on throughout the globe and You know the virus really didn't help that situation whatsoever it exacerbated everything So I think we've been living in so much fear and when another fearful thing comes up It's like we pump the brakes and get so scared these days And there's no reason for it. There's no reason for for the market to to fall this much to tumble this far down Just on the width Of different problems that are going on with the fed with the potential invasion With the with the problems with the supply chains with the fed tapering all these things that come together Is it that much of an issue where it has to go down just because we're not going to get and means like market players So you're not going to make 27 percent like you did last year in s and p 500 What if you make eight or nine percent, which is typical Is it much to to go back down? I don't understand Then you're putting it into money, which is of course, you're inflating it to seven to 12 percent depending who you ask for I don't know Rob any crypto loans called due because of the crash They're called margin calls and yeah, uh all my loans For uh from selsius, they all got margin calls and you have to answer those calls Session when things go down, which is why I wasn't wasn't super pumped about it but it is what it is so What happened was we sold crypto We had money in the bank and there's a video. Uh, it's me and scare moochie This was like a week or two ago and I told you exactly how I did it And then of course, there is a couple of different loans. I took out with celsius, which happens, right? So celsius I've used them before they're great Now they're saying hey, uh, you're not collateralized enough Which is exactly the agreement that we that we uh signed on the down the line So I have to collateralize more with crypto. Thankfully I have a bunch of crypto So I just collateralized some more well I have to do that again probably because I see it going down even more so so Yes, that's why like As soon as we got these loans for crypto We immediately went to the bank and we're trying to get loans from the bank because That's the smarter play At a low three or four percent depending if the whenever the feds raise those rates And then we'll pay off those loans But for right now these loans are temporary, which is why I never understood my uh sailor Michael sailor from micro strategy When he would say that yeah, just take out loans and just do whatever you want with them I'm like, I don't think that's how it works because like if you're going to take out a loan Let's put it into like some kind of real estate That can actually make money for you because this property right here. Look, we're going back to uh to texas to see family We'll be there for a while. Guess what that's going to happen with this property air bnb and verbal So it's going to make money for us. So I never understood why you just they say, I'll just take out loans and uh, you'd be fine Nah, I'm gonna make it work for you But You be key. Yeah, sure you be key. I know hash though. I saw him with that Do I know any all this was hacked? As the day progresses you're going to see more crypto channels get hacked It's not just going to be real vision not just going to be coin bureau It's not going to be just morning invests and data dash and whoever else it's going to be more Because I think they all got it hopefully Hopefully mine isn't but again We changed the password. So and the and the the the two fact authentication is still on so This is a good question. Aren't the rules of trading that you don't time you dca down? Yeah, exactly And the video that I recommend the abc of bitcoin Uh, he's Big in a dca just like me and he goes it's it's not a very sexy way to do things But it's uh one of the safest way and he talks about how he was in traditional finance and trading For decades and he said the traders you have to understand 10 percent of traders make all the money off the 90 percent the ones that Are not doing well He goes so he goes you can be a successful trader But there's a safer option and it's called dollar cost averaging And he says I just picked one day of the month and I just put a uh money into into crypto mostly I think he's only bitcoin and he says uh, he goes I only have one goal I just want to have more bitcoin This month and I had last month and that's my only goal. He goes I he's and it's pretty good He goes I I live through the crash of bitcoin from when I went up all up to 30 bucks to three dollars 1,000 down to 17 20,000 down to 3,000 he goes and now I live through the 69 Down to 35k. He goes it's the same thing every single time. I just keep accumulating and guess what I come out of head Yeah Rob, what's the first alcohol you buy when you started dcing out of the top 10? Uh, I'll go around Algorand, I think it's going to be huge. Why look at the team mccarrie. Uh, he won Oh, what is that prize? The the Turing prize for mathematics genius guy him and his whole team are really good And you've got a lot of big people behind it mooch being one of them They put in you know scare moochie. They put in 250 million dollars into algorand Quarter of a billion. That's pretty good Uh What's percentage from your account you buy One is dca. Well, I got two accounts. Like I said, like there's like a spending account There's one that I actually do the investing type of thing So as far as like dca, that's like 95 of what I do and then the other 5% is uh degenerate gambling On some crazy different, uh, alts that are like really low and nfts and those I just assume is I'm gonna lose those so And what else we got? Was it just the coin bureau and data dash? Yeah, so coin bureau data dash, uh Real vision I heard crypto banter as well. But I didn't see it One called morning invest and there's gonna be more so remember Throughout the day, it's gonna be you're gonna hit see that stupid video Is it possible of bitcoin? Yeah, it's possible for anything and Let's see what else And I'll take one more question. Ah, here we go. Perfect Thoughts on the best answer I've been on taking a 10 year interest only mortgages now That's that's what james James think that's that that's a good, uh deal because he believes that the prices of houses Will just keep going up and up and up and he could be right However, if they raise the rates like they said they're going to do The the the price of houses will not go up They will go down because you will have the demand will start to decrease because people like wait It was at three and a half percent and now we're at four and a half six and a half seven and a half percent Well, I don't want to pay those types of prices So i'm going to just rent for right now And that's it. So if you're talking about interest only mortgages, I never believe There's a difference of belief there. I I believe in owning real assets And uh, if you're doing just interest I don't think that's right If you're doing interest only I'll talk to you doesn't make any sense why you wouldn't do that Interest only mortgages that worked. I think in 2006 or seven right before the crash and then talk to those people Who did interest only mortgages? Uh for the housing market where they are today Ah Is that it and I think that's it okay You More texts. Good morning. All right, everybody. So that's it. I want to make this quick Went a little bit longer. So just watch out with the scammers. That's it for today Like this video give a thumbs up consider subscribing also watch that video the one in the Description and that's it. So thanks so much. I appreciate it. Be careful out there. See you on the next one