 All right, welcome to the last of the news. Take a top stories in crypto, bring them down to bite-sized pieces. So today, I'm going to win no popularity contests with the thumbnail and title which I chose, which was Ethereum is dominating, and I'm going to tell you why. So we're going to take a quick look at what's going on with Consensus and Microsoft, and then some total value locked up into really what is looking like Ethereum is just running away with it. Now, does that mean that they can't stop? No. Now, you got to just call a spade a spade and say Ethereum is really just crushing it. Also, we'll take a look at how Crypto.com is making some pretty big moves. They hire a former CFTC chair. On top of the things, they're actually just gobbling up everything, and they're coming to the United States. And lastly, we'll take a look at an easy scam to protect yourself from and some things I've learned because it's not how much you make, it's really comes down to how much you keep. And then at the very end, we'll go over five questions in five minutes. So hold on your questions until the end. So before we do all that, let's take a look at what's going on the market. And you already know what these things are going on, so I won't go over this in great detail. But just so you know, if you made it to the live stream, welcome. If you're watching the replay, just know there's going to be timestamps below so you can jump fast forward and do all the things you want to do. But everything goes in a linear manner. So it makes sense just to watch it all the way. And then news takes about 15 minutes or so. Then we go in the Q&A part, which takes about five, and that is it. So let's jump in to the market. So it looks like today's a pretty good day, 4%. Things are going up. Not too bad, even though the world's on fire, crypto market's looking to be doing pretty good. Bitcoin's up 4% in 24 hours, Ethereum 5%, Binance going 2.7. Everything's up across the board. But just remember, this is nothing. I mean, just I always say like this, take the small ones when you can get them. So 5% is a pretty good day or 4% really. But this is not where we should be. I see this market $10 trillion, $50 trillion, $100 trillion. I don't see this as some paltry $1.8 trillion, but that's just me. I think as time goes on, we'll see some fireworks just going to take a little bit longer than we thought. And you can debate on why that is. But it's a pretty good day. I think things are up across the board. So this is just a friendly reminder. I'm not telling you what to do. This is not financial advice, it's a financial opinion. But if you've been sitting around and you haven't taken any profits and you've been dollar-cross averaging and going across the board, maybe today's one of those days. Not like I'm telling you to take profits at 5% or 3%. That's ridiculous, but it's up to you. But if you've been here for quite some time and you've been dollar-cross averaging and maybe you've doubled your money or done some things, might be an idea to take some things off the table. That's just what I got. So that is what's going on in the market. Let's just dive in to today's top story, consensus and Microsoft and why I see that Ethereum is really running away with it right now. So here's what we got. So Microsoft dives into Web 3 with investment in Ethereum Co-Founders startup Consensus. And before we talk about what Consensus is, Consensus has raised $450 million in a funding round back by the likes of Microsoft, SoftBank, and Temassik. The investment more than doubles Consensus evaluation to $7 billion. It's not too bad. $7 billion. Tech giants from Microsoft to Twitter are becoming increasingly interested in Web 3. A movement that calls for a more decentralized Internet based on the blockchain. We can debate if that's actually good for the space. But before we get into diving all this stuff, first, what the heck is Consensus? So if you go to their website, this is started by Joseph Lubin. And Joseph Lubin, if you don't know, he is what I call the Ethereum, part of the Ethereum mafia. And I got this idea from calling the Ethereum mafia, just from people who were Co-Founders of Ethereum. You get Mahialis, founder of Akasha, Anthony DeLorio, Jack Swallet, founder of DeCentral, Chet Ritt, Co-Founder of Ethereum. He's still, I think he might be still there, may have taken off. Charles Hoskinson, I think everybody knows him. Everybody who either loves him or hates him, CEO Co-Founder of Cardano, IHK. After Gavin Wood, founder of Polkadot, Jeffrey Wilkie, founder of Good Games, Joseph Lubin, founder of Consensus. And I got this idea from Ethereum mafia because of the PayPal mafia. Because I believe that if you're going to invest into some projects, it's a good idea to take a look at where people have been to see where they are going. And this kind of makes my case as far as the PayPal mafia. These are all the people who created or co-created PayPal. You got this guy named Steve Chen, I don't know if you've heard of him, Co-Founder of YouTube, also an advisor to Ethereum, to Theta. Co-Founder of YouTube, Jeremy Stauffman, Yelp. This guy, Reid Hoffman, made LinkedIn. This guy named Elon Musk, I don't know if you've heard of him, made Tesla. Keith Rabbo, Square, Gemini, Kiva, Slide, more Yelp, Kiva. And you can just see like these people who have already done it, they've actually gone on to make even bigger products. I mean, PayPal is pretty big, but that's why I like to see where people have gone or where they were before they've been. So consensus, getting back to it. This is the branch of Ethereum, which kind of just makes things work. They enable developers, enterprises, and people worldwide to build next-gen apps, launch modern financial infrastructure, and access the decentralized web. They're a product suite composed of Infera, we'll get to talk about that in a second. Quorum, Truffle, CodeFi, MetaMass, Diligence, they serve millions of users, support billions of blockchain-based queries for our clients, and have handled billions of dollars in digital assets. And it's one of those things I talk about as far as like business. There are some great ideas out there, some great things being built. But if you don't have a lot of backing behind it, you don't have great marketing, and you're not growing the business, you're not scaling, what are you doing? You're not going to make it. And that's why, like, I know there's all these things coming up, and people, they email me and DM me every day about things that are coming up, like, well, what's behind it? What's going on? How much money are they raising? How are they scaling? How are they marketing? How are they improving? That's what I really want to know. And when I see things like this, I'm like, this makes it very difficult to really get in front of Ethereum. So here's what we got. Blockchain startup consensus raised $450 million, a new round of funding. They got $7 million now, good for them. Consensus was found by this guy, that Joseph Lubin guy, the one where we talk about Ethereum mafia. So Microsoft's involvement highlights growing interest from the world's largest tech firms in Web 3. Blockchain startups, this is interesting. Blockchain startups raised a record 25 billion venture capital funding globally last year, according to the inside data. Other tech giants exploring Web 3 include Facebook, Metta, good luck with that, and Twitter. And when we talk about growth and things that are going, I mean, look, no one was investing in the blockchain startups in 2015, 2016, 17, had a little bit of a foothold, 2018, went down in 2019, about the same as 2020, but look at the increase of investments into blockchain startups, digital assets, and everything that's going on in the space. That's a huge amount. So when we take a look at like, are we investing in the right thing? Is our thing is growing? I think it is. And I think we're in the right place. I can't tell you when it is, but I think we're in the right place at the right time. Consensus is viewed by investors as one of the companies that will power Web 3, debatable, but probably is because if you just take a look what's going on. The company's most popular products include MetaMask and Infira, a suite of tools to help developers create Ethereum apps. And then before we go into this one, I did a video four or five days ago, where we talked about the problems with MetaMask. Because if you're really in decentralization, MetaMask and Infira aren't the greatest things. Just watch the video and I'll explain to you why that's, in all honesty, if you're using MetaMask and going through it in Infira, they can shut you down at any time. They shut down other countries, especially with the sanctions that are going on. Not to say that it is not purely centralized, but it is a troubling aspect. I think that's also a troubling aspect for Web 3. But just to know that sometimes it doesn't matter. I find it interesting these days that the more money that's being made, the less people really care about decentralization and how things are gonna work in the future. It just gets brushed over. Like Binance Coin, that's the most centralized coin you can possibly get. I mean, almost, besides the digital dollar, whenever that comes out. But it seems like people are like, who cares? It's like the number three crypto, and people are just like, well, decentralization out the window. I think it's gonna bite us in the end. And yeah, MetaMask top 30 million monthly active users in January, up 42% last month. Infira is owned by over 430 developers, 430,000 developers. And it's up to trillion in annualized transaction volumes again. This is owned by Consensus. Consensus is built upon by Foratherium. I think that's why things are going so well. And why right now it's tough to beat. Consensus said all the proceeds from its latest round of all the money that they made will be converted into Ether. Now that's interesting. The funds will go towards hiring 600 more employees, a redesigned MetaMask slave for later this year, and building out Consensus growing NFT business. So again, when you take a look at how do you grow, this is exactly what Amazon did. All the money that they got into it, they didn't make a profit for the first five, six, seven years. And all they did was reinvest in the company so they could be a dominant force globally. I think that's the same thing that's going on here. And also, if you take a look at a metric, I think that's important that we all should look at is total value locked up. So if you go to defilama.com, links in the description, forward slash chains or just click on chains. You can see the total value locked up in all the different chains that are out there. So Ethereum, this is the Ethereum chains. And there's so many things that built in Ethereum. The total volume locked is $114 billion. Let me say that again. $114 billion is locked up on everything that is Ethereum. Does that mean that it can't change the future? No, but when I made that thumbnail and that title and I said, hey, Ethereum is the leader. Sorry, is the truth. Now, does that mean that in six months, a year, five years that Ethereum will be the dominant factor? No, that's all I'm saying. What I'm saying right now, you have to deal with the reality. And that's where things are at right now. Terra Luna is crushing it at $25 billion. And you know who should be really happy? Is Mike Novigratz, because he invested majorly early in Ethereum and also early into Luna. Right now, Mike Novigratz is a pretty happy guy. Next biggest one is Binance Chain. Again, totally centralized, but it's not $11 billion, whatever. Avalanche doing pretty good, $9 billion. Solana, $7 billion. Phantom, $6 billion. But you see right here the one month change and the seven day change. That's because on the way Crone Hay took off and at that they took a big hit right there. What the heck? Tron's got $4 billion, that's crazy. Polygon, great project, $3 billion, even though it did have a little stumble recently. And then what, near protocol is $662 million. Ronin, sure. And all the way down here, Cardano has $200 million locked up. Theta, $232 million. Thor chain, $286 million. So, I mean, it's just data. I mean, I have no way, shape, or form to influence anyway. I mean, I invest into different projects, but that is what we have. Now you're welcome to talk about it in the comment section and ask me in the Q&A, but that's what we have right now. And that is just what it is. But there is trouble on the horizon. Jack Dorsey, dismissed Web 3 as centralized tech, tech owned by venture capitalists rather than the crypto community. I think he's right. Well, Musk says he thinks it's more of a buzzword than reality, and here's the funny part. Joseph Lubin doesn't see it that way. Why would he? And he states, what Jack may be concerned about is how small a number of VCs are grabbing the lion's share of equity or tokens in many of the best projects. I'm not concerned at all. Why would he? He's one of the leaders in grabbing all those things. I don't think he would be concerned. So, let me understand about that in the comment section because in my personal opinion, I think VCs are doing some pretty good cash grabs, a pretty good power plays, but I could be wrong. Anyhow, let me just think about that in the comment section and let's move on to our next piece. Crypto.com, making some pretty big plays. And I never got into Crypto.com. People love it globally, but I'm like, well, it's not in the US right now. So why would I care? Well, now I care. Crypto.com launches US exchange. And, you know, we talked about those VCs. They're able to get into things early. It's because they're accredited investors. And Crypto.com is launching in the US and guess who gets first grabs of that? Institutional investors. That's just how it is, unfortunately. Crypto.com launches US exchange platform, waitlist open to institutions, investors only. Currently, Crypto.com's spot volume on March 15th is a fourth largest in terms of 24-hour trade volume. So when I think of this, I think to myself, who cares what Crypto.com does? Who really cares what's going on in their ecosystem? Well, it's because as far as volume goes, they're huge. So this is a website called Nomix or Nomix. Nomix.com forward sizes here. I don't think I put that in the description, sorry. I'll add it in later, but nomics.com, Nomix. And if we take a look, one, two, three, four, Crypto.com, as far as volume, 24 hours, 3.6 billion. And that's 2% of the total. So it's doing pretty good. And you can see right here, state of global crypto exchanges. Let me blow this up. Across 352 active exchanges, global crypto volume is 168 billion, which is up 26% of the last day, which could probably explain why we're doing so well here as far as market cap. So that's great. But just so you know, you take a look at this, well, which ones are the biggest ones? Well, Binance is crushing it. And we talked about this yesterday. Their volume is 35 billion, that's 21%. Like one out of five trades for volume, that's Binance. Coinbase exchange, pretty crazy. Number two, but it's at 2.68 billion. Look at that, 2.68. OKX, 24.67, 3.62, this is, actually, this is volume. I should actually do this like this. That's better. Actually, Crypto.com is an interim. 35 billion for Binance, OKX is 24 billion. Of course, this is all fluctuates. FTX, 12 billion, who will be global by the HIPPTC, NANDCrypto.com, everything fluctuates. And actually Coinbase exchange is 2.68 for the last 24 hours. So when I take a look at these stories, I'm like, yeah, that could be pretty big. I mean, they're doing their due diligence and making it up. So why they do this? So crypto.com inked a number of strategic deals. So crypto signed a long-term 175 million deal with the entertainment company UFC. They also picked up the naming rights to the iconic Staples Center in LA, now called Crypto.com Arena. So again, when I take a look at growth and where I should be probably investing, well, a lot of people investing pretty heavily into crypto. I think this might be a good play. On January 17th, Crypto.com was breached and the company disclosed 430 accounts were affected for 34 million in crypto was stolen. So before I get into that, let me just tell you this. Not only is Crypto.com doing pretty good as far as moving the needle, but they also picked up this guy, Brian Kintens. He's the former CFTC commissioner. And he said this, I'm so, this was just yesterday. So thrilled to announce I've joined the Crypto.com family as a member of their new advisory council, fastest growing crypto exchange on the planet, put this customer first and da-da-da. So is it no surprise that Crypto.com says, you know what, now that we got Brian here, he knows a little bit of something about US regulations and things like that, let's branch off into the US. I think it was a pretty good play and it'll just push them up. So again, I think there's a lot of plays in the background which means that there's more rails being built, which means that the market should go up. That's just how I see it. Anyhow, let me know what you think about that in the comment section. But there's this one piece here where it talks about on January 17th, Crypto.com was breached and the company slows that 438 accounts were affected and 34 million in crypto was stolen. So this makes my next point before we get into the scams and things like that. It's not how much you make. It really comes down to how much you keep. That's the reason why I moved to Puerto Rico. And there's a reason why I signed up for Act 60. It's because of taxes and things like that. If you don't like taxes, I did a great video. Why did a decent video, I'd say, on Puerto Rico and moving down here and how paying you pay 0.0% in capital gains, 4% in corporate taxes if you have a corporation. Then on top of that, I also want to remind you that there's another thing that you can take advantage of which is iTrust, opening up a Roth IRA because if whatever you put into your Roth IRA through iTrust, you can, I called the wealth preservation, you pay 0.0 on capital gains. Now there's a time limit when you can actually cash out. But what also is great about iTrust is the crypto that you put in there and purchase is you can trade within your IRA and it's also 0% capital gains. So if you think like Bitcoin's not gonna do so hot and you sold it at 69,000, you can put that in cash which will sit in your Roth IRA. Then when it drops down to the 33,000 that it did, if you're a great trader, good luck. You can just buy Bitcoin back and now you just doubled your money and you don't pay any capital gains. So that's one of the ones I like to do. I own it myself. Links in the description. Also Masterworks, just so you know, you can own fractionalized share of fine art. I personally own two pieces of art. I own a Basquiat and a Banksy and I don't own all of it. It's just a fractionalized share. And also if you think about like if you got money in the bank, again, not investment advice, just investment payments is what I do. I don't like having money in the bank because it just gets inflated away. So for like a Banksy, I'm looking at a Realized Nets APY, 32%. A George Count, I didn't get one of those or an only 33%. But if you look at where to keep your money, I'm not telling you what to do. Again, this is what I do. I don't want to keep in a bank. Even if I didn't get one of the S&P 500, last year was much better, it was 20%. But in actuality, about 10 or 12%, with art, I'm gonna get a little bit more. So it's just a way to diversify a little bit. So again, if you're looking for both of these things, there's a link in the description. Looks just like this. And those for iTrust and for Masterworks. And also you can take a look at my real estate playlist, but right now I don't recommend that. So that's all we got. And then let's move on to our last piece. Easy scams to protect yourself. This is the easiest thing that you can save yourself from. It's very simple. This was a story that I think we can all can learn from. Very easy. So Bitcoin stealing malware. All those things that you guys go to, and even me, I can honestly like I'm perfect. You know, you go to like the Google Chrome story download an app or something like that. I mean, there's all these things that can actually steal things from you. So just be careful, but this is a simple one. So an unfortunate Bitcoin user was duped out of 0.25 Bitcoin, a quarter of a Bitcoin, which is about 10 grand. That's a lot of money due to malware running on their computer. And here's how it happened. He was trying to send some money to a friend or an exchange malware running on his computer intercepted the copy data. And inserted a new wallet address when he pasted this without realizing. So, you know, when people send you like their Bitcoin address, you just copy it and then paste it in there. There's some kind of malware that this guy downloaded and allowed him to just quickly change it. And it sends all of his Bitcoin or 0.25 to somebody else. So here's the thing I can recommend. It's very simple. Never send the full amount on the first transaction. Anytime anybody sends like, hey, Rob, we need X amount of dollars from you or an Ethereum or whatever else. I send a test transaction. And when I do it on Ethereum, yes, the gas fees suck. But you know what sucks even more? Sending 10 Ethereum and they're like, hey, we didn't get it. So I don't know what happened. So just send a test transaction first. And the second one is that, you know, when you send a test transaction, first of all, you know if it's right or not. And the second of all, you always double and triple check the actual address that you're sending to. Very simple. You just look at that and go, you guys always look at the first four or five numbers and the last four or five and just imagine. And that's it. And that's all I do. So if you can do that, this part right here wouldn't happen to you and you wouldn't happen to have lost $10,000. Very simple. I know people don't like to do test transaction. I do it all the time. And it saved me from probably seven, now probably six figures easy losing stuff. So that's all we have in there. And that concludes today's news. So look, took about 20 minutes, pretty good. If you wanna stick around for the Q and A, we're gonna go with five questions in five minutes, but that's it for today. So thanks for sticking around. If you liked the video, give it a thumbs up. If not, thumbs down, but tell me why. And even if you click the thumbs down, still try to subscribe. We do this stuff every day. And let's do a little five questions in five minutes for Q and A and get the heck out of here. So, where are we? Dieselcane, greatest name of all time. This is a comment. I hope people aren't using crypto to cash on the fiat. My goals aren't their goals. Yes, to a point, that's right. Thing is, depends on what you wanna do. Really depends on what you wanna do. Do you want, like for me, I don't need a lot of cash on hand. That's why I just do a lot of investments. And also, if you're trying to get into, like for your business, like for my Amazon business, I don't usually cash out my crypto, even though I don't pay capital gains anymore. What I do is I usually just take loans against them, and then I put those into products that gain money for me, and then I pay back the loans. So, that only works if you're doing that with business where you're using something to make the money go to work for you. If you're cashing out your crypto and buying Lambos, well, first of all, that's goofy. Why would you even do that? And second of all, it doesn't pay back any money. So, as soon as you drive that Lambo off, it depreciates, stupid. So, that's what I do. I used to do that with real estate, but real estate's way too expensive right now. So, yeah, that's what I'd say. But again, if you wanna cash out and just live off your life, live your last year life on a beach and slip my ties, it's a, go ahead, have fun. Thanks for that, I appreciate it. You know, I should do some more moonshot talk because it seems like people are like, Rob, you're so negative and you don't, you don't think that things are gonna blow up. Look, I think things will blow up. I just don't know when it's gonna blow up, right? So, it could be tomorrow, who knows? But I do think it's gonna be, outlook is a nice two, three, four years. And I've got time, I'm good. So, no Lambo. Thomas says I got friends in Nomics. What the hell, why did it go? I hate that when I click on the thing and it goes someplace else. Cause there's so many, it's probably my fault. Somebody said I got friends at Nomics. Ah, this is it. Thomas, I have friends at Nomics for you to see me. Yes, have them reach out on Twitter is the best way. Love to talk to those guys. Will you do a UK meetup? Yeah, I'll be there in April. No, I'll be there in May. Oh, here's a good question. Hi, Rob, thank you for helping us to make sense of the community space. Do you plan to continue to look at Algo or have you given up on, I haven't given up on Algo, Algoranza, it's a good project. It's just that the tokenomics kind of suck. When we talk about VCs and centralization of different things, I mean, right now, that's not the greatest time, but that's a very long-term play. It's a great project. I mean, the team is fantastic. I mean, Pete sakes the guy who created it. Makari, he won the Turing award and has been doing cryptography since the 80s. So that's the question number one, question number two, what do you think about Fanta Future? I think it can do quite well just because one guy left doesn't mean that it all collapses, although that's a pretty big talent. So I mean, I still have, I still hold Phantom. I'm not gonna get rid of it anytime now. Pire cake, probably cake. I like anything chocolate's good for me. Question number four, what plug are you using to get these article markers? It's called Weva, W-E-A-V-A, I think. Weva, yeah. And question number five, do you think the first 10 cryptos of a coin mark cap will recover and make new all-time highs? Let's take a look. Good question. Bitcoin will obviously make all-time highs this year. Oh, I'm gonna give you my Bitcoin prediction for 2022. In 2022, the Bitcoin price will be between $40,330 and $250,000. Somewhere in that range, I can guarantee it will happen this year. That's what I got. Let's see, Ethereum will each, just like we talked about, Ethereum's gonna do well. And Ethereum just has to fix the gas fees. Let me ask you guys a question. If the gas fees for Ethereum were like pennies, would you say to me, yeah, rather it's far and away gonna take over? Because what else is the problem? The gas fees suck. I mean, it takes a little bit of long time, but I mean, if the gas fees were corrected, I don't see how you're gonna beat that. It's just very tough. All right, let's see, let's see, let's see. Binance coin, centralized stuff. Yeah, just because of the exchange itself, and they're making so many acquisitions. I feel like Binance is like the Amazon.com of crypto. It is gobbling up everything. USD coin, stable coin. I think USD coin will be the premier stable coin. I don't know why Tether's there. I don't trust Tether at all. I mean, I don't even like to use it. I don't see why USD, I think Tether is there because first mover advantage and so many people use it globally. They can't use USDC coin right now. XRP will win their lawsuit, not a skyrocket. Tera will keep going up. I don't see a problem. Solana will do pretty well. I mean, and then Cardano will do great. Polkadot, all these ones are great, man. I mean, Navalanche, I don't know which one's gonna win, but that's why I own, I own Avalanche, Polkadot, Cardano, Solana, Tera, XRP, USD coin. I do not own any Binance coin, Ethereum and Bitcoin. I own all those things. So I'm super biased though. So I think it'll do well. That's all I can tell you. Will it reach all-time highs this year? I can't tell you that. In two or three years, absolutely. And that's why I think in two or three years, it's good. You're good in two or three years. Just dollar-cost average. Biggie. Biggie's my guy. He's the one that helps me out. This is one of the hooks that is the other speed, but less fees would have been a great thing. Yeah, less things would have been a great thing. You can't, oh, BNP, you're from the U.S. Yeah, I can't do squat over here. One in May. I'll be there May 7th, 8th, 9th, somewhere around there. And that's it. I think that's all we got. Oh, and one real quick thing. I just got approved for the Voyager debit card. So I'm gonna get that in a couple of weeks or something like that. I'll let everybody know how that works out. But the great idea with Voyager is like, ah, Rob, you're a Voyager shill. True. And so like with the debit card, I think what's great about it is that what I'll be doing is transferring, because usually what I do is I transfer money from my bank account to Voyager, and I put it into USDC, because it's like nine, actually I get like 11% or something like that, I think. I can't always remember. It's like between nine and 11%. And I'll just use the debit card from now on. It's gonna be so great just to have like a real savings account, like a legit savings account back in the day. So I'll be putting it over there, using debit card to pay for things and just earn money on it. That's what I'm looking forward to. So I'll let everybody know how that works out. Hopefully they do the credit card soon too. Then I could pay all my expenses on the Voyager credit card, maybe get the VGX token. Ah, that'd be sweet. That'd be so awesome. And go from there. Anyhow, that's what's going on. So look, 30 minutes, I think that's good enough. If you, first of all, thanks for sticking with me. I appreciate it. If you liked this video, give it a thumbs up or not, thumbs down. Consider subscribing. And next week is our Puerto Rico meetup. It'll different location. I'll let everybody know when that happens. So that's it for today. Thanks so much everybody. I'll see you in the next one. Adios.