 I appreciate you. All right, let's get into it. Hey, beardy, says Calder, okay. Pepe to the moon. That's funny. Trump and Fauci 2024 make vaccines and debates great again. Oh, I'm looking forward to that. Ah, James Davis says, Rob, I've been trying to tell you that you expect reasonable regulations from lawmakers when it comes to crypto. It threatens anything when they stand for their power. It's a good point. Here's what I'm gonna tell you. In 2017, when I got into this arena into crypto, nobody, nobody in Congress, Senate president was talking about Bitcoin. It was very rare for even anybody outside in power as far as governments and other countries to even talk about Bitcoin, crypto and digital assets. We have seen just how far we've come in six years and we're gonna go even farther. So the thing is about these people and power and everything else is that at some point, the whole point of a congressperson or a senator is to get reelected. That's the whole point. And why do they wanna get reelected? Is it because they make so much money? They don't make squat. I mean, they make like, I don't know. I know it's six figures. Let's see. What's the average income of a U.S.? Yeah, $174,000. Let's take a senator. $174,000. $174,000. That's not too great. So anyhow, the question is then, well, how do they get so rich? How does that actually happen? Are there's great traders? Obviously not. Really what it comes down to is power. Power. And that's why I think that when people talk about Gary Gensler and he says, Gary is for Goldman Sachs and for BlackRock and that's all he cares about is money. He already told you in the very opening clip, he's made a boatload of money. You know what's better than money? It's power. Especially if you're in that position of power. Why is that so great? Here's a prime example. Let's say you're on a Senate committee and Raytheon comes to your Boeing or whoever else it is and for the industry military complex and say, hey, we want this $20 billion contract. We'll contribute $100,000, $1 million, whatever it is to your campaign to get you reelected. If you're a senator and you're like, you know what? Guess what? I'm not gonna vote for you guys. I'm not gonna vote for you guys. You're gonna be these other guys and why is that? Because I believe they have a better product whatever else it is. And they're like, wait, wait, wait, we're gonna give you all this money, why don't you do it? Because I'm a king maker, don't you understand? I'm a king maker and I can do these things and I can go to any of these companies and say I'm gonna pick you to do these things. But if I do these things, first of all, you can pay me but also I'm gonna put you in my pocket and I can do whatever I want to and you're gonna answer the call when I want it and that's power. So for all these people that are sitting on the sidelines, most of the Republicans get it, some of the Democrats don't. If they wanna get re-elected, we're gonna find out very soon in 2024 how this works out. But you're gonna see, I believe that people want crypto and digital assets, not all of them, some people have this mentality that FTX somehow is Bitcoin and they don't get it. But that's our job to try to do our best to inform them or educate them. But we're gonna find out just how much it is and I think that's why you see a lot of these congressmen and senators, Republican-based, who I think are gonna win coming up in the next election cycle and they're becoming more pro-crypto. We'll see how it works out with Elizabeth Warren in Massachusetts. All right, well that was a rant. John D. Rockefeller and his pipelines, what comes to mind, regardless of Chase Bank competing flows, yeah. And of course, that was a nice monopoly for them. He was sending good, he was still good. I don't know if I'd want to delicose the average yet, but sure. He's a punk, again, he's a fool working for Jordan of her bite in my opinion. Say what you want, Gary's a pretty smart guy and he's sly and he's able to get around a lot of things. And again, would you be that strong on a national stage and lose two highly critical court cases? Still push your agenda? I gotta tell you, you may not like Gary, but you gotta respect him, that's it. I know some people are like, whatever, that's how it is. Hi Amy, hello, Tesla. Oh, I didn't know this. Darth Mike said I've had massive issues buying crypto in the UK for the past couple of years. Wow, from UK banks, banning buy-ins, I remember that. To when the market collapsed FDX, most UK banks had a short-term blanket ban. Huh, crazy, well, not as your option. Again, I never heard this before, Monzo, so give it a roll. Apparently a lot of people in the UK like it. It's available in the US, I might have to do a deep dive into it and go from there. Ah, let's see, hello, Cal at the K. Hey, BOT, hello everybody. Oh, another thing, there's some kind of big announcement coming out on Ripple, I think in the next couple of days. Some people may say it's a big, might be a big partnership. Some people say it might be advancements in the tech and some people say they might talk about going public. So for that one, that hits. Oof, Ripple's gonna be pretty big. And Ripple is also now the custodian for iTrust, so interesting times. I will say this. There's a company that was on the show called Link 2 and they were talking about how you can invest in the crypto companies, but you had to be a accredited investor. But now they're, looks like they're getting around that somehow. I'll do a video hopefully tomorrow where you can invest into Ripple before it IPO's, if it does IPO. Now, financial advice, you could lose everything, da, da, da, da. But I thought it was pretty cool they did that. I mean, if you want to invest in the Ripple, the company, some of you are XRP Army so I would assume maybe you want to do that. Ha, ha, ha, ha, smash the likes to pump Bitcoin. I hope that is how it works, but I'm not for sure, I don't think so. Yeah, that's, see, this is the thing about that question from Torres about the Pokemon card. If you give control of that Pokemon card to someone else through staking it, earning you a share of your little bits of more Pokemon cards than it is a security, could be as defined. Again, regulation. It's not regulation, it's just clarity, that's the big thing. Johnny says, I'm thinking Ripple will buy iTrust. Could be, that'd be great. I could work for two companies. Well, I buy both of them actually. I gotta hand it, I gotta hand it to Ripple for taking on the SEC and being them to a pulp. That was great. That's a lot of money, ballsy. AI says, pretty sure Coinbase is pivoting into a full scale financial institution. Yes, they definitely are. I believe they are majority holders who are micro-strategy and all their Bitcoin they keep buying up. Oh, here's another thing. I know we're in a kind of a junk market or bear market-ish is because didn't Michael Seller just buy a bunch of Bitcoin a couple of days ago? And what did the market do? Nothing. Yinka says, whatever happened with Tether concerns to me at peak last November. Most of their funds were found to be held at such shady banks to Bahamas. Now just silence all around. I gotta tell you, since I started doing this show, I was critical of Tether. And I was always like, yeah, they had an audit, but it was some crazy audit company in the Bahamas. And I just didn't really trust it. I'm like, I don't like using Tether. I don't still like using Tether. But for all this time, because I started my channel in November or December of 2019, it's still around. VidConnect's not around. Salt isn't around. Remember Luna, supposed to be the next great thing? That's not around. You know what is around Tether? So I was wrong on that one. And that's okay. I'd rather it be wrong and rich than right and poor. Let's see. Ah, Johnny says, we'll see what the big news is on Friday at the Ripple property party, proper party, proper party. And that's it. And I think, why does Rob find my old deleted comments in there? Because I see everything. Derek says, I'm just buying and holding whatever I have until I'm either ready or close to retirement. Derek, you look like a young individual, youngish. You can do that. But there was a video we did yesterday, the 80-20 rule, no, two days ago, 80-20. And just watch that video and tell me what you think after that one about holding on forever. I mean, it all depends on what you wanna hold, right? When I took a look in the 80-20 video, we took a look at the top 53 cryptos. I'll just show you. I don't know why I try to make it difficult on myself. We took a look at the top 53 cryptos from 2017. And we took a look to see if they hit their all-time high in 2021. And out of the 53, there was only 11. 11 out of 53 hit their all-time high. What's that mean? 20% did it, 80% did not. And a lot of these really went down. The thing is, I talked about how it's hard to actually lose in crypto because even though they didn't hit the highs, like some of them, 80% of them, they still hit higher than their lows. Like take a look at this one. Obite, I never heard of that in my life. And I was around 2017. Obite had a high of $920 in 2017. It only hit 123 in 2021. But the low between 2018 and 2021 was $11.54. And it was low for a long time. So if you were dollar-cost averaging, you could have brought your dollar basis down and done pretty decent, but not that great. Komodo went from 26 cents to 39. I'd never heard that in my life. Status went from a fraction of a penny to 27 cents. So ARC 16. So again, Derek, just be careful out there about holding forever. I mean, if you're gonna do like a Bitcoin type of thing, I'd do pretty well, who knows? All right, other than that, I'm selling a majority of my alts in the bullhorn, holding 20% of my entire portfolio and waiting. I'd do pretty well. Buy one Bitcoin and hold. But I'd actually be a 21 cents one a tank. Good job. Great job. I can't believe if something called Einstein would turn out to be a poop coin, yeah. Yes. So Super Matt says, question, when selling Bitcoin, can I put USDT in cold storage? Yes. USDT or USDC and you can put it in cold storage because it's a USD20 token. And actually USDC is now on a host of different platforms, different other cryptos. So you can store it in anyone you want to. When selling Bitcoin, can I put USDT? Yes, you can. I have USDC, I have Tether right now on cold storage. Thank you. Hey, Mullets here. Hey, buddy. Youssef, are you DCing into Aluvium? I did buy some Aluvium yesterday after that interview. Looks still good, but that's just because of me FOMOing into Aluvium. Don't buy Aluvium yet. I'm gonna do a deep dive into the token and the game and hopefully it works out. Remember, web three gaming could be awesome. The game looks great, but you gotta produce. And we'll see. There's a game that just came out, my pet hooligan. It's a web three game and it's playable. I saw Stash was playing, it looks like a great game. Like imagine Fortnite if you have ever played that. And then overlay that with like Pixar Studios with like these adorable rabbit type of things and they're just blast each other and kill each other. I know if not a game, it doesn't matter. But the graphics are there, the gameplay is there, the fun factor is there. It's not an Axi Infinity. So I looked at that and it's pretty good. Also it was featured on IGN, which gets like 200 million something users per month at it on their publication. So yeah, things are in the right direction. River Brace is what cold stone wallet do you use? So I use a host of different ones. I use Ledger, I use Tangem. I got some on LA Pal but I don't really use that much. This is my favorite one so far. Tangem, really good. There's a link in the description. It's an affiliate link. You can't stand affiliate links and don't want to get 10% off and just go to Tangem.com, I think it's Tangem.com. But if you want the 10% you got to click on the link. Also there's a deep dive video I show you exactly how it works and any kind of problems you could come across. Ooh, Doozies. I sold everything way to bed back low. The question is Doozies, when did you sell? Did you sell it because you're like I give up and I'm out of here or did you sell like November 2021? Actually, that doesn't even matter. Even if you sold the top, which is very difficult, did you sell or make a profit, Doozies? That's the bigger question. Do you have any plans for your tomato coin? Are you doing the airdrop for everybody who steaks with the Corano Steak Pool DNews? Why don't they airdrop? I might do it again, but tomato coin is a joke coin and it has absolutely zero value. So there's no plans for what's over. Don't buy it yet, rather than trying to front run. Yes, exactly. I'm trying to front run everybody on a Luvium so I can move the market. So don't buy it yet so I can dump on you guys. You know what? And then this whole thing about dumping on people. See, everybody has this idea and I used to have this idea too about like if I buy something and it goes up and I sell it, I'm just selling and I'm dumping on people. Not so fast. You know, everybody right now is making fun of you, especially when we go into the holidays and they're gonna trust me, especially around the Thanksgiving dinner table. They're like, oh, how's that going out Mr. Investor? I'm like, yeah, yeah, and you gotta take those knocks. Later on, when everything jumps up in the next bull run and it's coming, bear markets don't last forever and bull markets are in inevitability and they don't last forever either. But at that point, everybody was making fun of you and saying, yeah, this, go right ahead because you get Bitcoin and crypto and these are assets at the price that you deserve. If you're doing the hard work right now, watching these YouTube videos and trying to get as much information as you can, you're one of those people. So as time goes on, there you go. On top of that, did you know we're pretty much front running all the big financial institutions? Now some of them are buying up in the background. We know that OTC and stuff like that. But as you sell, it's not just some little cute grandma that's investing in the crypto. It's some sharks out there that really need to get punked and if they wanna buy it at the all-time high, let them. That's it. Ha ha, Rob's a Compulsor Advisor sometime. That's true. Would you say you're a gambler, Rob? Ah, I think everybody's a gambler, aren't we? In some way, shape, or form. The big thing is to control it. Like, I like the Luvium, like here's an example. I liked the Luvium yesterday, right? So I'm like, should I just dump a ton of, like, maybe I should just sell my house and the kidneys and just go all in the Luvium? That's the generous. Or you could say, you know what, maybe I'll start to dollar-cost average once a week. See where it heads, heads out to and go from there. Sure, you yoll it in. Maybe I should have done a little bit more research, but here we are. So yeah. So yeah. I've been buying Luvium and Immutable X for the last 18 months, both are great products. You know what's funny is that Luvium actually partnered up with Immutable X and they're running their wallet. Here's the big thing behind Luvium, which I liked how they're doing this. When you sign up for anything and you're trying to do things as far as like for web three, you got to whip out your MetaMask wallets and of course it's right there and you have your passcode and your passphrase if you lose everything or if it shuts down. But for the normies out there, they don't want to do that stuff. So Luvium smartly said, I know they don't want to. So we're going to give them not the Immutable X wallet, but a wallet that they can automatically generate. They just need their socials, just like how you would log in with a username and a password using your email and we'll keep your wallet available for you if you ever want to switch over to web three. You don't have to do it, but if you want to go on that rabbit hole, we can accommodate you. So I thought that was a pretty great idea to bring people in. Again, I need to do a deep dive because some of the things I'm talking about I'm not 100% sure how they work. I love my Tangem, I have a Nanom, nothing wrong with that. Luvium is still bleeding against Bitcoin plus Togo mission is still happening. I would not buy now. Sure, everything's bleeding against Bitcoin. Maybe not a bad idea just to buy just Bitcoin until we hit the bottom. I just don't know when that is. That's pretty good. Are you buying OP at all? Optimism, I bought a little bit before, but not anything since. I'm not really sold in that. I know it has optimism bases running on it and that's doing pretty good, but I got to tell you the things that I think we have a problem with is looking at price metrics. And we look at price and say, oh, the price is up, so it's awesome. I'll price down so it sucks. So, like for this one, what I try to look at is total value locked. Like who's actually using this? Who has the things locked out? There's a great website. It's called L2, blah, blah, blah. L2beat, L2beat.com. And it takes a look at all the different layer two solutions for Ethereum for optimistic roll-ups and ZK roll-ups and see which ones has the most amount of funds locked up. You know, optimism as good as it is only has 2.6 billion locked up. Arbitrum, which is vastly underperforming is at 5.63 billion. Let me show you all something. Oh, that's not it. Move the block. There's this thing. There's a website called End of the Block. I don't have any associated with them. Didn't pay me. I don't even have a link for you, sorry. But it's apt.endoftheblock.com. You can check it out. And one of the things I like to look at is this thing called what? In and out of the money. What's this? For any address that bounds the tokens, End of the Block identifies the average price at which those tokens are purchased in comparison with the current price. If current price is greater than average, it's in the money. If the current price is less than average, it's out of the money. And then some are actually right at the level. So look at Bitcoin. That's why I think we're doing pretty good because we've got so many diamond hands people out there. You know that almost 60% are still in the money. Why? Because they bought it before 26,000. Just checking. And then at the money is 5%, out is 35%. Ethereum, 52%, out is 44%. But as you go down, some people are hurting. Cardano, woof. Almost 94% out of the money. Dogecoin, doge is not bad, 39 and 58. A lot of dogecoin millionaires out there. Good for you guys. Ton just kind of came out. I'd be careful with that. 50 wallets control 85% of the supply. So have fun. Polygon, 95% are out of the money. Let's see. Litecoin, 23% are in. Bitcoin Cash, still doing pretty good. People that use Bitcoin Cash love Bitcoin Cash. Chainlink, not bad. Actually, because they've had price appreciation later. Shiba Inu, dead. Avalanche, not dead, but just way out of there. Look at that, Avalanche. 98% of people out of the money. Uniswap, same thing. You can see it, you can go over and over again. It's just, as far as optimism, to answer your question, I'm not buying it right now, but that doesn't mean it's not awesome or it couldn't do great. Just I'm not personally buying it. RedPandas says, all the money on exchanges are made up, made with gas fees at the moment. It reminds me of the mobile and the text. It's expensive, you don't take a subscription, so maybe subscriptions in the future. It's true. I wish I, let me show you. Do you know where Coinbase is making all their funds? Just with pandas' subscriptions. I purchased Coinbase One. It eliminates fees up to $10,000. So with all the dollar-cost averaging I'm doing, I pay for that. It's either $29 per month or we pay for a year, it's 19 bucks. And again, I don't want to fill it in, Danny. I hate having to say it all the time, but I think I have to because, you know, where we're at in the crypto market? Oh, well. Ha ha ha ha, Thanksgiving 2025 will be redemption. I think J2Day is correct. Mark says, what's your view on Kornocobi? It's a fantastic game, fantastic team. Wish I could play it, gotta buy a damn PC though, that's the only way you can. I have a Mac. So I was talking to Rob about it and he gave me a suggestion of which computer to buy. I can't wait to dump some of my e-theg and Mark Cuban. I think Mark Cuban's accumulating right now. Even though he got hacked for $900,000 and something thousand dollars in his hot wallet, happens, I guess. But again, it's not how much you make, it's how much you keep. Mariana Madden says, I'm very tempted to keep 10K in Bitcoin in November. I've diversified the portfolio already. You think I'm crazy to put 10K in Bitcoin? There's a question here. Are you putting into Bitcoin right away at 10K or are you holding onto it? First of all, I can't give a financial advice, not your dad, not a financial advisor. But if it was me personally, like I know that we know that volatility is coming. We know that potentially we could see a recession coming into the end of this quarter or maybe in a 2024. I don't think it's gonna be a soft landing like Jerome Powell thinks it's gonna be. So you have to understand that your portfolio will probably go down. I know it's gonna go down in mine. I've seen it go down since I've been dollar cost averaging since 2022. So if you're okay with that, it's something to consider. If you are not okay with that, can you get the thing about this? And that's why I can't tell you what to do. But let's say Bitcoin goes from 26 to 13,000. Are you okay with the 10,000 that you had going to 5,000 and going, that's okay. I know it'll rebound, I believe in this space. That's what you have to ask yourself. That's the bigger question. And I can't tell you. It's all up to you. What do you think about Algorand integrating the oh so popular Python language on their SDK? Maybe it'll help with getting more developers there. I mean, it was easy to use. I have no idea. Not a developer. But Python I think is a pretty common language. So good for them. Let's see how it works out. Hope so. I own some Algorand. Tenule says, I got rugged and optimism. Dump it. Oh no. Let's see. Antonio. Amador Parrata. Rule of three. Bitcoin, CFC, OCT, CFX, and so on. If you want to recover your losses and gain profits. All right. I'm not for sure on this one. If you're referring to the fact that the gains go from Bitcoin and then people will use the gains from that they have in Bitcoin to buy into altcoins, put it into altcoins, and then profit from that take the profits out and put it back into Bitcoin, Ethereum, and yes. Roddy, feel there'd be at least one more big pullback for the bull run? Historically, it's happened. So we'll see. Although I would like to show everybody something. What month are we in? September, right? And September is? Rectember. And how are we doing this month? I gotta tell you, so far on the slimmest of margins, September is green. And that's after, I've talked with us quite some time, that September historically for crypto has been an awful month. Not every time. In 2012 it was 50%. That was the having year. Then you had two more years here, not too bad. But then for the last one, two, three, four, five, six, you've had some pretty bad months as September. And that's also in traditional finance. September is historically a pretty bad month. But October turns everything around. That's the exact inverse. So who knows? Like I thought for sure September would suck, but nope, that's not the case. So we'll see. I don't know. But it's like a stoic say. Hepatitis, I believe. It's not your response. You can't control the event. The only thing you control is your response to the event. So for me, I have to take a look at and go, well, am I here for the short term or the long term? Am I happy that it goes down? I'm not ecstatic that my portfolio is losing, but what do I do? I have to take action. And if it goes down dramatically, I have to do what I'm supposed to do, which is as an investor, invest into certain products that I think are gonna do well in the long term and not really care too much about what the day-to-day portfolio will be. So to answer your question, Drizzy, I do think there's a big pullback coming just to know when it is. Funny. That's an old joke for older people. That's why I laughed. Rob, do you really think that, do you really think that if XRP wins all the cases and gets adopted with banks that the government will not manipulate so that people can't get rich because they need us poor? Remember, percentage-wise, how many people in the world own XRP? It's not that many. How many people in the world own Bitcoin? It's more, not that many. So the question is, well, how many people will actually get rich off of XRP? You, Maddox, will. I probably will with my limited bags of XRP. But how many people will get rich off it? And how many people will agree and they actually get in early? That's the thing about investing. People think that, ah, it's so easy. Well, if it's so easy, everybody be a millionaire and a billionaire. It's not the case. So to answer your question, it all comes down to, I've said this before, nothing will change as long as Gary is in the SEC chair. That's it. He'll keep grinding and pushing things out for his reason because of what he wants to do. And I mean, he'll keep losing these cases, but there comes a point when hopefully he can get totally crushed, but we'll see. I don't think anything's gonna change as long as he's there. That's why I'm excited about the next election. We'll see. I trust custody is fortress or Ripple. I trust custody used to be fortress. Ripple came in and gave him a sweet deal and Ripple is now the custodian. So Ripple is essentially doing what Coinbase is doing. They wanna be a full service institution and they're gonna do those things and make strides because first of all, it'd be Gary Gensler in the case so far. And if you're a corporation or a company and you're about to go public, you probably wanna get as much streams of revenues as you possibly can. That's a pretty good idea, custodian service. Mr. Binge Watcher says only a small percentage of people in the crypto, are in the crypto in the world. You might be the biggest early adopters, the ones who lose it all. And the role will be likely told you so. Now, I don't think so. And here's the thing. Now, I'm gonna leave it with this. This is a great question. If you've been here since 2013 or 2014, 15, or like me, 2017, you know that back then, there wasn't a lot of adoption. There was numbers go up and that was great, but who was driving it? It was all retail. It was all retail. There were a few institutions and the institution that finally got into it, the CBOE launched Bitcoin Futures and they crushed the market because everybody could short it. Moving forward, again, we've never had senators, congressmen, or Congress in general talking about it. We've never had reports from White House. We never had adoption or having a legal tender for other countries. We've never had this actually happen until recently. And of course now we've got, and just to bring this into perspective, we're talking about huge institutions. There's all the people who want the Bitcoin ETF to go through. And I think it was, if you take all of these, if you add up all of these people who are institutions who went for a Bitcoin ETF to file for one, I think it's over $17 trillion. I think someone added it all up. It's a lot. BlackRock has over nine. So when we think about it and like, well, we're early adopters and it's gonna go to zero, I think now it's almost preposterous. Could it happen? Sure, why not? Anything can happen, right? Nuclear strike, go back to the Stone Age, Mad Max, whatever. But for the likely outcome is that you and I are front running everybody. And as long as we just stick around, we'll probably do pretty well, especially with where things are going and the people that are getting involved. The narrative really has changed. And I'm actually quite, I'm pleasantly surprised. And that's it for today. So look, like this video, thumbs up, subscribe, all that great stuff. No real announcements. I'm gonna probably talk about that link to company if you're looking in for that ripple investment. But that's it for today. So thanks so much everybody for stopping by, almost 1,000 people, great. And I'll see you guys on the next one. Have a great day, everybody. Adios.