 Great. Welcome to the last set of news, the top stories in crypto and we got a bite-sized pieces. Today, just like the thumbnail suggests, we're going to take a look at what could happen or if it will happen at Jerome Powell from the Federal Reserve comes out and says, you know what? We're going to raise rates, which is what everybody believes is going to do. I'm going to give you a different opinion. First, we're going to take a look at the market itself. I wouldn't call it a recovery, but it sure isn't slipping like it was yesterday. We're going to take a look at Max Kaiser. He gives a little history lesson as far as Fed rates, why the Fed props up the markets, and why the media is just absolutely awful. We'll take a look at an interesting story. UFC fighter won last night. He took his half of his purse in Bitcoin. We're going to show you how much. Then lastly, we'll just do a quick follow-up as far as what we can do together. And of course, we'll do a little Q&A. So before we get started, let's make sure that the audio is good. It should be good. I've been testing it, and it looks like it'll be okay. We'll just make sure that if something goes wrong or the audio of the video says not to par, let me know in the comment section and we'll fix it as much as possible. That was Wendy's wrong. Perfect. All right. So let's get into it real quick. Let's take a look at the market itself. Today's not a bad day. I mean, in all honesty, yesterday it was quite awful, quite depressing as we saw slides between 11-12, up to 25%. And it was quite a showing. And yesterday as we talked about it, I talked about it specifically and I said, I'm not going to sell and it turned out to be, you know, pretty decent decision so far, but I did not buy the dip. I felt like we're going to go a bit farther and we did not. So I'm pretty happy. I'm actually happy I was wrong. And this is where we're at. So I just kind of just stood in my ground and see what happens. And now here we are. Of course, it is interesting to note that sometimes it's just better just to go against the entire grain, which everybody is super bearish right now. But we'll see how it happened. I think it's all going to happen this week, especially when the markets open up. Let's see what the S&P 500 NASDAQ does. And of course, what Jerome Powell is attempting to do. So today is pretty good day. A little recovery, right? 35,000. And let's not get ahead of ourselves. Remember, in seven days, Bitcoin dropped 18%. So let's not rah, rah right now, because there's a long ways to go. And who knows which way things could go. Ethereum down a quarter, 26% in seven days, but up 3% in 24 hours. So take the small victories, no matter how small they are. Binance coin, everything's up across the board, except for Binance, that said, TSD. Shiba, you know, I think it's one of the big winners, 10%. Cosmos up 12%. It's pretty good. Phantom up almost 13%. And you can see these layer one solutions, how they've actually, people want to get into them. So it's not so much about taking a look at what the biggest losers are, but take a look at which ones are rebounding. And you can kind of see where the market is going. That looks pretty good to me. But again, if you take a look at that seven day, it is a brutal number. And of course, the reason why we're talking about all these things is because the S&P 500, our traditional market, I guess you'd call them now our brothers or sisters, essentially, because we're attached to the hip seems like they took quite a slide. And I think everybody knows this because we talked about this yesterday, even over like if you zoom out, it even looks pretty depressing, even over the six month timeframe. This is the NASDAQ six months. That's nothing to sneeze at that is not the greatest. So that's what we have. But there is a little hope. We take a look at the charts, THR again, I'm not a TA guy, like to just dabble a little bit. But RSI was just relative strength in this was so low. I mean, it's one of the lowest that we've seen quite some time. And I lived through the March 2020 pandemic scare when we dropped like 70, 80% or something like that. And one day it was brutal. So yesterday is just another day. And just goes to show you the resiliency of the market. And of course, the MACD looks like we're flipping as the volume kind of comes around 90 ma. So maybe there's a little bit more. But again, look at these candles looking down. So I am still on the sidelines. I'm not decided if this is going to be the one. But I just right now, I could have bought the dip just I didn't just didn't sell. I don't not in the business of losing money. And I think that we're going to turn around at some point. Question is, when and really, it comes down to this whole thing coming about with is the Fed going to taper? And are they going to raise rates? Because in all honesty, they should have been raising rates a lot sooner than what they did. And they kind of just let everything languish and it had they had to they had really no choice. And James over at best answers were on doing DCA. He's pretty convinced there, if they do raise rates, it's not going to be too much. And he doesn't believe ice. And also, I don't believe it's going to be four times. And Jamie and diamond thinks they're going to raise it eight or nine times. I don't think I don't see that that could be any possibility having that. And I took a look at this. It was a pretty good interview. It was a great interview, actually stands for research. The link for the full video is in the description. I know some people are they have their some people love Max Kaiser. Some people do not like Max Kaiser. They think he is a loon, a little bit out there. And he is. And I know some people say, well, he's not good for the space. And I say like this, look, everybody needs a height man. Everybody needs somebody to get out there and just, you know, be that person and Max is that person. Let's be honest. I does do some crazy things like baptizing people at like the Bitcoin conference and things like that. A little strange, whatever, I mean, some of the most eccentric people I've met have been the most wealthy and successful, just kind of how it is. But he gives us this pretty good answer. And what we're going to do is take a listen. There's three pieces. One, he's going to talk about his fed raise predictions and take a look at that at the past. I like people who have lived through some things, especially Max here, because he talks about the fed rates that were raised in from 1979 to 1986 by Volcker, the fed rate chairman. Then we're going to take a look at he talks about why the feds profit the market instead of trading and things like that. And also talks about the media and why it's awful. So let's take a listen to the first piece. And this will go pretty quick. It's only about about a minute and a half or so. Let me share my screen in a different way. There's a new add on for this. Let me see if I can do this the right way. I'm going to share my screen, but as a tab, there we go. So as I play this, I want to make sure that you can actually hear it. So I'm going to play the first 10 seconds or so. Let me know in the comments if you can. If not, I'll do it the old fashioned way, but I don't like doing that way. So let me go here and come here and go. What about the fed taper program that's revving up steam and looking to become more and more aggressive? So before I go on, let's make sure you actually hear that because it's going to make no sense. Oh, great. We Gucci, we hear it. Great. So the question is, Max, what do you think about tapering and things like that? And it's a great answer. Let me play this. Danielle, you can't taper upon these games. How many times are you going to fall for this fake news? How many times is Lucy going to pull the football away from Charlie Brown? This is the same thing we've been seeing for 20 years. The fed threatens taper and then they lose some policy. It never happens. Inflation under Paul Volcker's time was racing higher, I mean less than it is right now. And Volcker took interest rates up to 15, 16 percent. So they're already way behind the curve. Interest rates to deal with the current inflation should already be 8, 9, 10 percent on the overnight raise of the fed. That's what it should be if they were doing their job correctly. So why don't they do it? Well, for one thing, the duration risk of the Fed's balance sheet is way out on the curve. So even a one-basis point rise in rates totally obliterates the Fed's balance sheet. They're in the weakest position they've ever been, so too with every central bank in the world. They're not going to do taper, Danielle. They're going to print. They're going to announce all the years one or two more down days with an Aztec. They're going to announce potentially an dollar bill out or more. That's the pattern. We've seen it not for 20 years. I can't believe people are still fooled by this. I can't believe people are still fooled by this. That's a perfect response, in all honesty. So there's a couple of things. First of all, let me stop this and share one more thing I want to show you. Because when he's talking about here, when he talks about, and it was pretty eye-opening to me because I didn't know that the rates were that high back then, he's talking about Paul Volcker. He was the Fed chairman from 1979 to 1987, somewhere around in that time frame. And when he talks about this guy, the interest, the inflation was lower back then than what it is now. And what they did, check this out. The monetary policies, the Federal Reserve Board, led by Volcker were widely credited with curbing the rate of inflation and expectations that inflation would come. U.S. inflation, which peaked at, wow, 14.8% in March 1980. 14.8% inflation in the U.S. But it fell below 3% by 1983. This raised the federal funds rate, which had averaged 11.2 and 79 to a peak of 20% in 81. Prime rate rose a 21.5% in 81 as well, which helped lead to the 1980-1982 recession in which the national unemployment rate rose to over 10%. And that is what he is talking about as far as these rates that are coming about and why the Fed says, you know what, we're going to have to raise them. But he makes a good point. If they were doing their job, I'm not here to say who or who is not doing their job. But if they had done some other things and they had raised the rates, what do you think would have happened? Everything would have collapsed anyhow. So right now, you're going to hear this term, and I want you to remember this. It's called soft landing. You're going to hear this term about a million times. And what people are trying to say to you is that the Fed has to, they have to kind of get in there in a smoother way to lower these rates. They can't just go in there and go, you know what, what's raising by 3% and 5% and so on. They can't do that because if they do that, then everything buckles. And then of course, what buckles? The economy. Well, actually, the market, Wall Street buckles, then the entire economy comes down. So they cannot do that. So he says, and this is the same thing I've been hearing again and again, soft landing, they need to kind of go in there and go, okay, maybe like 0.25, maybe 0.3, some around there. And then we'll do another one. Oh, no, we're not going to do that. Let's just print some money and go from there. And what happens when printing money starts to happen? Well, great. Guess what happens? You are Jerome Powell, cryptocurrency and Bitcoin's MVP, because the more that you print, the better it is for hard assets. So hopefully that is what happens. So he talks about that. And I thought, well, I've been seeing the same thing could actually happen. So if this comes out next week, they say, yeah, we're going to increase it by so much, great, so much the better. I think the price of what's going to happen is already priced in because people know it's going to happen if he even does it at all, or if they move forward. So that is the first part. Also, Max makes a pretty good point of why the Fed props up the entire market and what's going on behind the scenes. And this, we all know this, but it's good just to hear it set out loud. So let me share this again in the right way. Brave tab. And this is what Max talks about as far as, what are we? What props up the market? Take a listen at this. This is pretty good. Oh, it's not it. Sorry, this one. Who's an investor in the stock market? Nancy Pelosi, senators, congressmen, insiders, market manipulators, right? Of course, they only look at the stock market. That's the only gauge. There is no price stability and employment isn't complete disaster. That's their ostensibly what they're supposed to be looking at, but they don't. They only look at their friends in Congress and on Wall Street. It's a rolling bailout of Wall Street. And it's a gift insider trading is legal in Washington. And they're cashing out. They're making hundreds of millions and billions of dollars playing this game pretending that they're not extraordinarily corrupt. And then Max goes off in a tangent. And that's really what it comes down to. Before we go on, let's do a little fact check on Max, because what he says, let me stop this. What he says there is he said that it's legal in the United States Congress for them to do trading. Which I think if we took a look at it, is that true? Is that 100% true? So take a look at this. So if you're not from the United States, here's a funny thing. It is totally 100% legal. So our congressmen and women who are out there who are talking to these big industries and who are privy to some pretty good information that meaning you are not, they have the ability to go behind the scenes and do all the kind of trainings that they want to. I remember someone told me that Nancy Pelosi, or more of the point, Nancy Pelosi's husband has a better track record than any hedge fund that's out there. I cannot verify, confirm, or deny that report. That's just for funsies. I have no idea. But I just thought it was interesting how that, yes, Max Keiser was 100% correct. They can do all those things. And then just even take it one step further because they're like, well, maybe this is just a little bit old. But this was just from January 20th where, I mean, to give you a flip side, Pelosi goes, well, maybe we shouldn't be doing so much stock trading for members of Congress. So next time when you're thinking about, boy, I'd like to have some insider information, all you got to do is become a congressperson and you'll get a ton of that. So that takes care of that piece. And then lastly, Max shares one little tidbit of information, which I thought was pretty funny, where he talks about where do we go? Oh yeah, yeah, yeah. Media in and of itself. And why I think people like you watch the video, watch people like me or Joe Rogan or things like that. And it's a very simple process to just take a listen to this. If I look at the news, if I go to like MSNBC or CNN, I'll see a report on COVID featuring quotes from senators who own Pfizer. And then I'll take a break and see an ad from Pfizer. Then we come back to Anderson Cooper talking about it, who just we just saw an ad from Pfizer, who's got as his guess a politician who owns Pfizer stock and is passing laws that are beneficial to Pfizer. Now, this is the most shameless and corrupt scandal ever in American history. I don't I don't I've never I don't think you can really point to a time in American history when you had such a shameless tilfering of the public wealth from these politicians. They're they're literally stuffing bags of money every day. And in India is completely culpable in this, you know. So before Max goes off, I'm just saying that's one person's opinion. I can I can't say pick too much although it's super entertaining. But it is it doesn't make you think right now, right? The whole point about what is the Fed going to do? Are they going to come in there and raise the rates? Well, if they do those types of things, it's going to it's going to really drop down the market itself, the S&P Nasdaq and everything kind of goes down. And of course, the unemployment rate goes up. And then you have to remember something in America, I don't know where you're at. But this is 2022. This is an election year, the primaries. So the two year process. So all these different politicians, the their one main goal is they get reelected and they can't do that. If the economy goes down the tubes. So I think there's a lot of discussion going on between politicians, maybe the President of the United States, who knows, and Jerome Powell. Because remember, federal, the Federal Reserve is about as federal as the Federal Express, they're not apart. They are separate, they are centralized banks. So hopefully, they can tell them, Hey, maybe it's not a good idea to raise the rates so high. But if they don't do that, what are they going to do? What's the only option? Print money? What happens when we print money? Well, inflation goes up. And then just kind of like a big round around circle. But unfortunately, I hate to say this, it is good for crypto. So let me know what you think about that. In the comment section, let's move on to our next to last piece. This will be pretty fast. Last two pieces. UFC champ, I think his name is he just won last night. I think he retained his belt. I don't think he was fighting for the belt. Doesn't matter. But two things. First of all, he got paid 300,000 in Bitcoin, because he took half of the purse of the for the fight. He took that in Bitcoin, which I thought was pretty great. I mean, good for him takes so much money in Bitcoin. And also, what a great time to take it. I mean, it's like super low. And then of course, the 300,000 could now because I don't know jumped up 5%, three and 5,000, whatever it is, or three and five four, four and a half percent. So good for Nganu to get it on the right time. Let me share the right screen. Whoops. Share window. It's always tricky to do that one. Ah, yeah. So this guy. So like I said, he got 300,000 Bitcoin. Good for him took half of it. Good for him. But there's two things. First of all, it's going to actually appreciate that 300,000. Who knows in a year what that could be worth. I'm not here to make price predictions. I've stopped that. But the second thing is, is he only got paid 300,000 for a championship fight in one of the biggest arenas in the world. I think it's kind of low balling it. Hopefully he's got some good sponsors because 300,000 doesn't seem like a lot. But it just goes to show you that, hey, mass adoption is here. People are taking it. Big athletes are taking it. And that's just one more. And then lastly, I want to show you what we can do together. Congratulations to Tony over at thinking crypto. He got his YouTube channel banned more than 24 hours ago, like 24 or 36 hours. We put it out on Twitter. I talked about it yesterday. You guys went on a Twitter or good amount of people went on Twitter and said, Hey, YouTube, give this channel back. And it happened. So his channel got reinstated within like under 36 hours. That's amazing. So this goes to show you that kind of stick together and do the things that we want to do. We can do a lot of things and move mountains. So that's it. Congratulations to Tony. And thank you. I want to say thank you to everybody for taking the time to help them out because it's pretty stressful when you're doing a YouTube channel, Tony's got a young family and to get that taken away. So great. So that's it for today. So let's go over some Q&A. And that's what's going on again. I think what the big news or the big prospect will just how everything opens up tomorrow morning. And then when Jerome Powell comes out, raises rates or whatnot. We'll see. All right, let's see what we got. Let me bring this up. There we go. Okay. Good question. Dang, 0088 Puerto Rico meetup. Yes, I will show you exactly where it's at. So first of all, follow me on Twitter because when we're doing these meetups, I always post it on Twitter. I give you the information, the times, the all that good stuff. And it is what the heck going to be at San Juan smokehouse. Bring this up so you can actually see it. And right there. So this will be a San Juan smokehouse. And if you follow me over on Twitter, you can see it. You can do or you can see the location, everything else. But it'll be from 4pm to 6pm. We're just here. The owner reached out to me. I said, sure, they're having a slow times on Wednesday. I thought I'd help help them out by us going there. Apparently, the first round is on them. Great. And yeah, also, they said you can come on Wednesday or Thursday. Thursday is country and Wednesday is blues. I said, well, after this crappy week for crypto, I think we could all use little blues to listen to. And that's what we'll go through. So yeah, the Wednesday, 4pm to 6pm. And that's the that's when the meetup is going to happen. Look at this. Look at this delicious stuff right here. That's bacon. Nice. All right. Next question. Price prediction of Voyager in 2022. Sure. Let's see. Yo, why do you want to talk? So the price in 2022 will be between $1.84 and $3. That's my price prediction. Gotcha. All right. Wish I go to Puerto Rico. Yeah, man, you'll be here at some point. If you're talking about Puerto Rico, you were sadly mistaken. Sorry to tell you, because it is super pricey here. And that's something that people don't tell you. Import taxes, everything that you're going to consume is super high. It's like 11.5%, just the state tax itself. And then everything is inflated, especially housing. So if you're coming over here, it's just be prepared to spend a lot. And that's the truth. Avax, please. I know what you mean. Initial for the IDO's initial Dex offerings. I could but not right now. What about Avax? What about it? It's a great layer one solution. I own some actually have a avalanche staking pool. If you go over to dantagescrypto.com, that 100% free website, just click on staking. And I show you how to stake your Cardano and your Avax. And also, we just got picked up for the Sunday swap scoopers. So if you are delegated to the DNews Stake Pool, you're going to get ADA and Sunday swap. Pretty good, huh? Next question, Rob the Thonson Phantom. From what I understand, it is super fast. It's got a pretty great team. And it looks to be like a pretty good contender coming down the pipe. I don't know about how decentralized it is, but if you want to make money, it's something to look into. I own a little bit of Phantom, and that's all I can say. And that's it. Retail that panic sells a crypto is already gelled up by whales. Hey, you know what? It happens. This isn't for everybody. You guys remember, guys. Crypto is super volatile. And if you're coming from traditional market, or this is your first stop into investing, maybe it's not your cup of tea, and that's okay. Not investment advice, just investment opinion. And if you can hold on, you get rewarded. And if you can't, then it is what it is. Yeah, Cyber says, thanks, Rob. Cool as a cucumber. Well, you guys have to understand something. I said this before. The reason why I'm so cool right now, I'm just relaxed because I've been here for quite some time. And like I said, 2017, when I lost 70, 80% of my portfolio value, that was a tough time. It's even tougher to tell your wife that, you know, this thing that you are so into and going to change the world that now is worth next to nothing. That's the tough part. That really is a tough one. But then you just, you know, I sat her down and said, Hey, it's going to be big some point. So I'm not in the business of losing money. So we're just going to keep the dollar cost averaging in. And that was it. Baby tether. I don't know what that is. I do I have the big big bags of Bitcoin, Cardano and Ethereum, Algorand. Algorand is going to be big. I think it's going to be big. McCurry, the guy is a genius. He's got a pretty good, pretty good team around him. And actually Anthony Scaremucci was one of the ones that told me about it. Kava. Yeah, I have to look at that one. Whoa, what's this? Ranger vapes. It's funny. I got Sunday at 4.18 per eight. Now it's almost one to one. And the thing went up fast. Nice. Next question. This is the third question. By the way, do you stick an H bar? Nope. I don't think I own an H bar. Not for sure. Pretty sure I don't. Fourth question. Hey, Rob, how often do you hit up Columbia? Zero. Lucas likes that place, though. And how the tax for real estate at Puerto Rico comparable actually is pretty low. Pretty good as far as, you know, taxes. If you're looking at like the high tax for real estate, look at the Midwest. Those taxes are super high. Warren Buffett lives in Nebraska and he talks about how it's the highest tax real estate in the country. I mean, outside of California, I think they're probably, their taxes are ridiculous. Last question. Rob, did you notice how Avogaci hasn't crashed at all? I did notice that. I've actually talked to those guys and had them on Dan Clips, my second channel. I do reviews. That's a pretty great game. It's always look, who said it? I think Warren Buffett said it. Look at the businesses that should have crashed, but they stick around or something like that. And Avogaci during this whole time, they've done pretty well because they've got a pretty great community. And I think that's the big thing as far as community. How many people do you have? How many believe into what you're doing and how many actually use the product? And Avogaci, it's a game. You got people using it right now. So yeah, check that out. And that's it. So there was our five questions. Thanks so much, everybody for stopping by. I appreciate it. If you like this video, give it a thumbs up, subscribe, all that good stuff. And that's it for today. So thanks so much for watching. See how the next week goes. See you on the next one. Bye.