 Hello, everybody. Welcome to today's live stream. Don't adjust your set. Yes, I am coming to you from the ground. This is a doctor's orders is apparently just standing around for an hour. I guess it's not too great for her native disc. Regardless, we got a lot of things to go over. And just like you took a look at the thumbnail on the title, this is the second most bullish interview I've ever seen. And what I have to tell you about this one is first before we get going. Let me ask you this because I'm using a new microphone. It might sound a little different. Let me ask you right now if the audio is good. Please put that in the comments because we use this before. It usually works out pretty well. But new locations. Let me know. Anyhow, so as far as like the interview itself, we had taken a look at about a month ago or so, one of the most bullish interviews I saw. And that was with Pantera Capital Dan Moorhead. And it was a great piece. I linked in the description if you really want to have a little bit of Hopium, you can take a look at it there. But for this one today, this one was a pretty good one. This is from CNBC. This is Brian Kelly, founder and CEO of BKCM. And Brian himself, he is no stranger to the crypto space. And he is a big believer. And I like to sometimes listen to big believers. I also like to get an alternative view. But in this one, it was really great what he was talking about. He pretty much broke it down about are we in a massive bull run or a minor bull run? Are we still on the remnants of a bear market? What's the narrative here as far as what's the catalyst moving forward? And what's really going on behind the scenes because he has his own fund itself. I just wanted to take a listen. There's three pieces and they're quite short. I think they're quite powerful. So just take a listen. Let me make sure that you can hear this correctly. Let me bring on the right tab. Just take a listen. This is about a minute or so. Couple of things. We know in the past that Bitcoin has had these two year cycles that are generally centered around the happening. And so we have another happening coming up in April. And I'm not one of those people that thinks the happening is the actual catalyst, but it's one of those sentiment things that all of a sudden now you have a reduction in supply. Couple that with the fact that we have the Federal Reserve that is likely done for some time being of raising rates. If not, we don't think they're going to go to 10%. Maybe they go to five and a half, right? And then the second part of that is we now have these ETF filing. So for the first time ever, just like the gold ETF, you're going to have retail investors, not that they couldn't buy it before, but now registered investment advisors, your Morgan Stanley wealth manager can allocate to this. And so that's what's got the market excited about this new ETF. So yeah, I mean, pretty much said it right there, what I think we already know, but there's some things that need to really break down just to see if, because I mean, people can say a lot of things and they can sound great. And we want to believe if that's what it is. But is this exactly what's happening? So when he talks about, you know, as far as like the Fed raising rates, first, we have to take a look at we know that Jerome Powell has said a higher for longer. And this, of course, at the CME group, the Fed watch tool. And as far as like for the next meeting that they're going to have, it looks like there's a right now the current target rate is 525 to 550, as far as in dips, as far as the rates themselves, so the federal funds terminal rate. And we can see that for next month, it doesn't look like everybody's essentially saying nope, they are not going to raise. So that's good. What about for January though, because I mean, look, every time we raise rates, we seem to take a little bit of, we take one step back, take two steps forward. Well, in January, everybody's expecting this to stay the exact same. How about in March? Same thing. How about in May? Same thing. How about in June? How about in July? How about 18th of September? It looks like, let me refresh this isn't it? There we are. Let's do this again. January, March, June, let's take a look at probabilities. I don't know why that's not working. There we are. Thank you. So anyhow, let me go back to this one. Thank you. Okay, okay, okay. That didn't make any sense. So right now, there's a 0.2% chance of them dropping in December. How about in January? In January, there's a 2% chance of them actually raising it. And actually, the last time I looked at it, it looked like it was, there was 100% chance. But thank you for the grain of salt. Maybe half of the 20th of March, we're going to see any. All right. So now they're thinking that there's a 30% chance that they're actually going to cut rates, and Jerome is actually going to pivot. And then of course, moving forward into May, he might pivot from there. So what was being said here from Brian, yeah, looks like that the rates so far, this is what people believed to have happened. Let me just tell you right now, I know it was 100%. But yeah, that could be it. And then he mentioned something about, as far as like the narratives, the catalyst was this ETF. And he talked about the gold and compared it to the gold ETF launch. So the first gold ETF, and we've talked about this before, was November 4, 2004. You're going to see that. It looks fantastic, doesn't it? I mean, we start here in this lower section and we go all the way up to the right. Great. We like those candles, right? But I want everybody to remind everybody of this. And that is that this is in 2004. For that to go from roughly 400 and maybe right below, yeah, about 450, to double up to the 900 point. You're looking at four years. So again, everybody talks about how this ETF is going to be great. And I think it's going to be great if it gets approved, but it's going to take time. And everything always takes more time than what you think it actually is. If you are a home owner, if you are a business owner, you work with contractors, you know exactly what I'm talking about. So there is that piece. And then, of course, when he talks about the Bitcoin having, you know, we're, I didn't know this, but we're like 150. Is this right? I mean, we refresh this. Yeah, that's more. We're less than 150 days away. It's supposed to be around 18th of April, 2024. And of course, it's all by blocks. So, you know, moving forward, we will actually see. So we see about the Bitcoin having some people think it's actually the catalyst and he's going to get into that a little bit. Some people like myself, we take a look at and go, it's a narrative. I don't, some people say it's a very powerful, powerful narrative. And at the end I'll be all, I don't believe that. I just think it's just one part of the overarching theme that is Bitcoin. And then also, of course, if you're, I saw this before we get back, I saw this on Twitter and I had to mention it, which was you're going to see this a lot. And this is a little spreadsheet, which says that if you just do this, you're going to make a boatload of money. And it took a look at the halving from 2016, from 2020, and then potentially moving out forward. And what that would look like, if you just made it super simple, and just 500 days before the halving, you bought a bunch, or whatever, value cost, hour, dollar cost, average, and then 500 days after. And if you take a look at it, it looks pretty good, right? I mean, in 2016 for that halving, if you bought 500 days before, not too bad. If you look over here, like, oh, it looks pretty good. And then I sell up, it looks pretty good. And then, of course, who the hell knows what's going to happen over here. But I took a look at it and just put, plug the numbers in. Again, you can find this on my, on my Twitter account. And if you plug the numbers in 500 days before and after, so the halving was July 9, 2016, and the price of Bitcoin was $650. If you take 500 days before that, it was $442. So yeah, you're doing pretty good. But then look at this, 500 days after would be November 21, 2017. And if you would have sold, you'd have been $8,257, which is great. Think about that, like roughly, what, 20X or something like that? That's pretty good. However, we all know that the all-time high in 2017 was not $8,257. It was almost $20,000. So if you're looking at that, you're like 40%, 45% down from the all-time high, which is why I still think dollar cost averaging in and dollar cost averaging out is the great way to do things. But that's just me. You do whatever you want to, right? Who's your dad? Not me. So you take a look at this and go, well, it's not too bad for, for buying, but selling, I don't know. Then we, you know, move that forward. Let's, let's move the goal post forward in 2020. Again, the halving, great narrative, just like he was talking about. If you did it 500 days before, you were actually really good, $3,854. And that was on December 28, 2018. Fantastic. If you would have sold 500 days after the halving, you'd have met a $44,000. Again, really great numbers. However, you're off by quite a bit, because what was the all-time high in 2021? It wasn't $44,000. I think it was like 67,000 something. So you're off again, like 40%, 45%, somewhere around there. It's a bunch. So then let's take a look at this. We know that the halving is around April 21st, 500 days before, 16,051 was actually a good number. Cause I think the lowest it was that was 15,700. So again, I think this thing works out pretty well so far. If you go back 500 days, but as far as selling, that's the tricky part. And it's what I've always said. It's the trickiest part. When you get used to buying dips and dollar cost averaging and buying away, this is not the issue. The issue, my friends, is when are you going to take profits? And that's why I did a video, links in the description where I'm going to sell 80% of my crypto anyhow. So that was that piece. Now we're going to sit there and Brian's going to talk about the narratives and why should people be buying now? Because again, for people that aren't used, this looks ridiculous. This sounds ridiculous, especially with the prices that, I mean, it's already doubled. Why would people buy now? First of all, you shouldn't be buying now. Let me take that back. You shouldn't be, you should have been buying a while ago. We all know that, right? We all know we should have been buying a long time ago. And of course, maybe some of us missed it. Maybe some of us didn't. I just dollar cost average. I didn't put my kidney money and sell all my house or anything else. The question is, why now? And he answers it pretty well. So let me stop this real quick. Let me pull on the tab. And this is about a minute and a half. It's pretty good. What he talks about here. Let's just take a listen. This named a bunch of catalysts for the Bitcoin to keep going higher. What do you think the core is? Is it just digital gold out of this digital gold? If you have a portfolio and you've got some of it that you want allocated to gold, and let's call that for inflation reasons, you're worried about the dollar or whatever your currency is going lower, you want to have some kind of hedge against that. So you could do gold or you can do Bitcoin. And I would argue that Bitcoin is a better use case than gold because I can't use gold on the internet. I can use Bitcoin on the internet. So simply look at it. Bitcoin is a $700 billion dollar market cap right now. All the gold that's ever mined is worth somewhere around $178 trillion. So if Bitcoin can take some market share from gold, which I think it's doing, then the multiple return from there, why couldn't it be 5X from here? Why couldn't it be 10X from here? Those are crazy big numbers. But if it starts to make market share just like any other kind of business would out there, that is what starts driving up the market cap. If inflation re-accelerates, does that throw a monkey wrench into the Bitcoin story? I don't think so. It depends on how, if inflation expectations re-accelerate. So what we saw, everybody says it's, hey, BK, Bitcoin wasn't a great hedge against inflation. And my response to that is, well, you only bought Bitcoin when you needed it. As soon as the Fed said, hey, we're on it and we're going to raise interest rates, I don't need an inflation hedge anymore. So if you start to see inflation picking up, and then I would expect Bitcoin to pick up as your hedge just like I would expect gold, and then we've got this period of time where the Fed's behind the curve and all that, and that's your bull market. So let me ask, I'm playing devil's advocate because I... Yes, so well said again. And one of the things he talked about, and I always believe this, we've talked about this for quite some time, and it's about eating into the market, eating into the market for other asset classes. And when he said, and we talked about gold, first of all, I never understood why gold bugs hated Bitcoiners and why Bitcoiners hated gold bugs. In my personal opinion, I think we're all on the same team while trying to accomplish the same thing, which is get out of the matrix and get out of the dirty fiat system. And of course, hold an asset that is durable and is a store of value and can be used for trade and can be used for purchases and can actually do a lot of great things outside of the fiat system. I think the reason why gold bugs hate us so much, and some, not all, because I own gold, is because we are dipping into their sector. And of course, we've seen this many a time, but I think it's a good idea as a reminder. When he talked about how Bitcoin is gold 2.0, trust me, people who own gold don't want to hear that because if you take a look at gold itself, it's about 12 trillion like he talked about, and each one of these little squares is 100 billion. So imagine you own gold, right? And then Bitcoin sucks into that narrative of being gold 2.0 because we all know it's highly more portable, highly more usable than gold is right now. I can't go down the street with a gold medallion and go pick up, I don't know, some type of asset or pay for a whopper or whatever, not that I can do that with a lot of other things out there anyhow. But you can just see that if we eat into that, that's a big chunk, but that's the thing. That's the beauty of being in crypto digital assets right now because our market cap is below $1.45 trillion, less than a trillion and a half. Gold is 12 trillion. The billionaires themselves, these guys, good for them, they have like $13 trillion. The balance sheets of the central bank like $20 trillion, the S&P 500 is $36 trillion. Global money supply, $83 trillion for broad money. Stock markets again, it's over $100 trillion. And then of course, where's the real estate? Yeah, real estate, my favorite, $259 trillion. So just imagine dipping into that. And that's just not Bitcoin, that's of course, smart contracts and altcoins and things that they can actually do. And of course, derivatives, which is like one quad drilling, which I didn't think that was actually a real number, but apparently it is. So you're going to see that just how much it could actually dip into it. And then when he talks here about these investment advisors can now start to start to speak to their clients about what would be best for them, what he's talking about also is, whoops, went too far, his pensions. Now, this is the world's 100 largest pension funds. You see Japan's got $1.7 trillion. And of course, here's all of America and all the different Texas teachers, Florida State Board, California Public Employees and so forth. Here's normally $1.4 trillion. I mean, you can see there's a boatload of money. Let's just say they allocate, I don't know, 1%, 2% to these pension funds. And now they can get it in an ETF or an ETP. That's why it's so big. And then as time goes on, but you have to understand, this will not happen from day one. This will be a process. This will be education. This will be people slowly getting into it. And then they'll figure it out. This is a long game. I know people think that this is like a get rich quick scheme, but I've been in for seven years and it's the longest get rich quick scheme I've ever been doing my life. Anyhow, so there is that piece. And then now it comes down to this, which I thought was a pretty good question, which is what we talked about yesterday with Javier Malay, being the new president of, I want to say, Afghanistan, Argentina. So we talk about payments. We talk about how payments I don't think is going to be a big thing right now, but I think it's a great store of value. So the question then becomes, well, what's the real use case for Bitcoin here? Because it doesn't seem like it's actually used for payments. It doesn't really seem like it's a hedge against inflation, even though we talked about before. So let's take a listen here. It's about 30 or 40 seconds. And we'll go from that. Let me make sure that you can hear this. And so what is the use case? And why aren't people using this for payments? Damn it. They should be doing that right now. Take a listen. Filthy fiat and they keep their good money. But the truth is filthy fiat and they keep their good company's balance sheets, for example, and people would use it to pay for all kinds of things. That hasn't happened. That's because people want to spend their filthy fiat and they keep their good money. But the truth is, is that it hasn't happened yet because it hasn't had that adoption yet. We're still early in this, but that's why I think Argentina is kind of really interested. Earlier, we saw El Salvador switch to kind of a Bitcoin standard, if you will. If Argentina picks that up, there are bellwether in South America. They could be that bellwether for the global south and that really could pick it up. That's what we need. And I would agree with you. It would be great if we could have that. The rally's been going just on an investment thesis. But if we actually used it in countries like Argentina, I think that would really help. And that's just it. So I mean, this was a great bullish interview. I think it was great just the way that he broke this all down about what could be the use cases, what Bitcoin actually is, what the investment thesis actually is. And then, of course, we talk about time. We know that it's not going to be just an overnight thing. So for this one, I can see things are going in the right direction, especially with this Bitcoin ETF. But even if we don't get it approved, and I've said this before, even if we don't get an ETF approved, it's still there as the narrative. And the narrative is some of the biggest asset managers in the entire world are given their gold standard of approval to Bitcoin. It's not just gold. It's not just equities. It's not just these different funds. Bitcoin is a part of that. And I think it's going to be big. And I think this time goes on. Things will work out pretty well. So let me know anything about that in the comments section. Again, bullish, and I like to share these stories. Now that we talked about the bullish case, let's talk about what's not so bullish and turn to the negative. And I don't think it's really negative, but I think it's a lesson in getting the full story. Kraken. So Kraken, as you all know, or most of you know, is now as of last night around 8 p.m. my time in here in Puerto Rico. But they were sued by the SEC, Securities and Exchange Commission, versus Payward Inc. and Payward Ventures Inc. And Payward Inc. and Payward Ventures Inc. which collectively do business as Kraken are now being sued by the SEC. And this is not the first time. This is the second time. And of course, that's a problem. Inside of this lawsuit, they allege that these certain cryptos are securities because they are charging Kraken with running an unsecured securities platform and being a broker-dealer without having a license. So they said, look, you are, unfortunately, you haven't registered with the SEC, which who knows how to do that? Because nobody seems to know how to do that. Just the SEC does and they can't give guidance. They always tell people to come in when they do. They assume later. What's the point? So they said this, look, Cardano, AXS, Algo, Adam, Chili's, Cody, Dash, Filecoin, Flow, Internet Computer Protocol, Mana, Matic, or Polygon, NIR, my favorite, OMG, Sand, and Solana. These are crypto asset securities. Now, when I saw this, I'm like, oh, it sucks because, you know, now the prices are going to drop. And they did. I mean, I think most of these data in Solana did. But this is the same thing that they said when they sued Coinbase. I don't remember this, but Coinbase just roughly a year ago or so. So they sued Coinbase for doing the exact same thing. And they said, hey, guess what? Your selling securities, Solana, Cardano, Polygon, Sandbox, Filecoin, AXS, Infinity, they didn't name that one, Chili's, Flow, ICP, NIR, Voyager, Dash, and Nexo. You know what they didn't mention in this? And either of these, XRP, because they got their butts handed to them when they went through that lawsuit. So that's what's going on. And of course, when we see these things, when I see these things, I get immediately ticked off because I'm like, why is the SEC going in? Why are they doing this? Should they have been doing their job before? Yes, they shouldn't have done their job before. But now they're just getting up to it and making up for lost time. But again, here's the reason you get the full story. In that document, SEC is accusing Crackett of co-mingling customer funds. Let me say that again. Crackett co-mingling customer funds operating on registered exchange. I want to read this to you and I want to make this crystal clear. This isn't from the SEC about co-mingling of customer funds. This is by an audit done by Crackett. Here's what we got. An accompanying SEC press release alleges that Crackett has made hundreds of millions of dollars unlawfully facilitating the buying and selling of crypto asset securities since at least 2018. We know that. That's what they're doing with Coinbase as well. The SEC claims that Crackett knowingly engaged in the conduct of a securities exchange and also described itself as one, though it's not. In addition to operating without registration, the SEC claims that Crackett co-mingled customer crypto assets with its own. Let me say that again. They're saying that Crackett co-mingled customer crypto assets with its own. This is the problem with Celsius, with FTX, Voyager, it's unbeknownst, but they did a ridiculous unsecured loan to Thoreau's capital of $630 million. Take that as you will. Of course, BlockFi is a separate issue. These are the things that collapse the market. I asked myself, first of all, I thought to myself, this is from the SEC. What do they know? Have we not learned anything? Here's where it gets good. According to the suit, an independent auditor reportedly hired by Cracken, independent auditor hired by Cracken, identified in its audit report that Cracken's co-mingling presented a significant risk of loss to its customers. An auditor paid for by Cracken said, you guys are co-mingling funds and that's a big red flag. In fact, Cracken has at times paid operational expenses directly from bank accounts that hold customer cash. In failing to prevent known conflicts of interest in co-mingling its investors assets with its own, Cracken demonstrates why registration and the investor protection that come with regulatory oversight are critical to the soundness of the U.S. capital markets, the SEC said. Here's a couple of things that break down. First of all, if they are co-mingling funds, I'm not saying they are, but that's what the auditor said is actually happening. Have we not learned anything? And because of this of what's going on, you have to understand this is nothing to do with crypto. Did Bitcoin get hacked yesterday? Was there a double spend? Did Vladimir Putin come out and say, hey, I actually invented Bitcoin? Or has anybody come on just said outright that, hey, it's just, you know, at the Ethereum Foundation, hey, this is an outright Ponzi? Or, hey, everything just crashed. No, it has nothing to do with crypto itself. It's about the people that run the centralized exchanges behind everything. That's why I have the third rule underneath my big enormous head. See those rules down there? What's number three? Zero percent exchanges. You have to use exchanges to turn your fiat into crypto. I get it, but it doesn't mean you have to leave it on there. There are great cold wallet devices now, one of those being tangent, link in the description. And you should always be taking it off the exchanges. And I've said this ad nauseam. And I don't, it's not going to sink in until people lose all their funds again, again, because people have the memory of Goldfish. And except for you guys, you guys are here, you're not tourists. I'm happy with you. But the new ones that come in, they're going to screw up. So if this is true, they are commingling funds, then damn them. They should not have done that. They should have learned their lesson. However, if this is all hearsay and the auditor was totally wrong and something comes out, okay, great. But I'm not going to sit here and stand behind an exchange if they are screwing up that badly. I have nothing to gain, you have nothing to gain by standing by a centralized exchange. It's what is important for you and your family and how you take care of that. So if this happens to be true, this is pretty bad. And I can't, I can't, I can't condone that because that's what led to the collapse. On top of that, Binance. The Department of Justice is pushing for a $4 billion Binance Settlement to halt investigation. D&B price reaches $2.36. This is actually from Binance.com. It's a, it's a news piece from AZ Coin News. But just so you know, just so you know, the U.S. DOJ or Department of Justice commenced its investigation of Binance in 2020 concerning money laundering allegations, but no formal charges have been filed. Furthermore, Binance based its separate lawsuits from two other U.S. financial regulations, the CFTC, which the lawsuit in March 2023, and the SEC in June of 2023, both levying serious allegations regarding mismanagement and listing of crypto, blah, blah, blah. Okay. So it's the same type of thing except for money laundering. That is not good. And just so you know, it looks like the DOJ is set to announce a Binance Settlement at today's press conference that should be 3 p.m. Eastern Center time, which I think is about three hours or so from now. And before I get into that, where did it go? Let me see here. Ah, here we are. Oh, it was actually over here. I take that back. So I have been talking about this forever about, you know, if you want to go at the, if you, especially with Kraken, if you want to get at the SEC, you have to stand together or else everything's going to kind of collapse. But if this is true, and of course Binance comes out and says, yeah, we're going to pay it, then why are they doing that? Is it just easier? And some people say, well, Rob, that's how everything works. That's how the banks work. That's how Jamie Dimon, JP Morgan work. That's how Wells Fargo works. I just pay the fine and move on. But have we learned nothing also from Kraken? Kraken just got sued like nine months ago. And now they come back and say, we're going to sue you again. But the thing you have to ask yourself is, is it true? Is it true? But it looks like Kraken is saying that they're going to fight him. But Binance is like, nope, we're not going to fight this. Here's your $4 billion. This is actually broken by Marty Party at Marty Party Music. Give him a follow. Got a great information. Kind of a goofy handle, but whatever, smart guy. And he said, update, this is just from 20 hours ago. How come Binance sent $3.9 billion in US DT or Tether from their cold storage wallet to Binance three, 11 days ago? They just slated the Department of Justice $4 billion deal to the case against Binance. You can see right here that, bring that in. The Binance cold two wallet, they transferred it out of $3.9 billion in Tether on the Tron rail. Interesting. So there has been no formal announcement. Apparently the announcement came at three o'clock, but it looks like they're going to bend the knee and Binance is saying, yep, we don't want to deal with it. So the question you have to ask yourself is, are the allegations true? All this stuff. Actually, I don't think it really matters. That's the whole point of crypto, right? It's a trustless environment. So if it's to you and you don't, you think, well, I'll just leave it on there and I trust those guys. I think that's a mistake. I think that's why I made the rules and that's why you should take things off. And that's it for today. So look, that's it for today's news. If you like today's video, give it a thumbs up, consider subscribing. If you want to talk about it's time sensitive. Now, if you want to stick around and launch all your questions, the best of my abilities and we'll go from there. There's a couple of different comments that I found interesting. So we'll go over those right now. If you got to take off, take off. Thanks for stopping by. This one's from Eric. As a Norwegian, I find it a little probable, our oil fund will invest in an ETF. They do have our own micro strategy and minor companies because they are listed on the NASDAQ. See, this is one of those things. That's a good point. Maybe they won't invest into the ETF, which is fine because it's pretty volatile. Sure, we understand that. But one of these things here, you see how people invest in a micro strategy? Why do they invest in a micro strategy? Because it's a great analytics company? No, that's not it. It did pretty well before that. But you know what it is? It's a proxy to Bitcoin. It's a proxy to Bitcoin. And that's why when people say, well, I'm going to diamond hands forever because that's what Michael Saylor is doing. Michael Saylor believes in Bitcoin. I'm pretty sure about that. But you have to understand the reason why his company holds it so much because it's good for the company. It's good for the company's price and the stocks itself. So I'm not going to take anything away from it. The guy's got some serious chops to do it, but you have to understand there's a huge difference between, I think, most of us and a billionaire that is Michael Saylor and what he's doing with Bitcoin. Will Bitcoin go up over the next 10, 20 years? I truly do believe so. Will Bitcoin crash after the next big blow off top? I also believe so. So it's up to you to decide what you want to do. Whatever you want to do is good for me. I know what I'm going to do. Go from there. Golfer says, can you lump some of the top and hold all the way down like me? That's okay. That's what we pretty much all did in our first bull run. So there's nothing new with that one, that's for sure. Casper or Shib, I'm not a big Shiba Inu believer. I think it's just a meme coin, but some people love it. And it's done very well as far as over time. But so is Casper. So we'll see how it works out. I own Casper. So I don't own Shiba. So you have to understand I'm pretty biased there. CZ has not stepped out. No, he hasn't stepped out, but it looks like they're going to pay that. So we'll see. No, that's what Jeff says. Finance CEO steps down as part of a $4 billion sum of DOJ. We'll see if that's true. To me, does it make any difference if some CEO steps down of some of the biggest exchange? No. It really doesn't. I think that's what America and American politicians and of course the SEC and CFTC wanted anyhow. So they'll get you. Just going to take time. SOL Bull says, the happening drives me nuts. There was a big discussion on having versus happening. That's what everyone wants. Inversion tables work. Yeah, they're right there. That's the inversion table. Works out okay. Mark the shark. I need a few billion to get back on my feet. Don't we all? A few billion pesos in the DOJ folder. Breaking news. CZ pleads guilty. I don't know if that's absolutely true, but we'll check it out here. CZ pleads yield that. I stand corrected. Look at that, everybody. That's true. I'll be damned. Usually everybody lies in the, usually I get a bunch of liars in the chats, but I guess not. Founder C, you've been stepped down a million, please guilty to money laundering requirements. Requirements. You will appear in a Seattle federal court on Tuesday. I guess we, I guess we now know what that four means. Four billion dollars you got to pay. CZ to step down and plead guilty to money laundering, anti-money laundering requirements, but it's a pay 4.3 bill. Haters in disbelief. Yeah, look at that. Well, how does the market respond, Rob? It's a great question, everybody. Anastasia has been this much fun since we were doing NFA live and Alex Machinsky got arrested. That was a fun breaking news story and not too much. So we're at 1.47 trillion. Hey, we might hit 1.5. Let's see, Solana took a hit, but you know, whatever. Togecoin, how did Cardano do? 2.3. It's up 1.2 for the hour and so on and so forth. 0.9, 2.8, whatever I do. Well, that's interesting. Good to know. Thanks, everybody. Crazy. Crazy. Got a perspective. Hey, it's on Twitter. That's all you need to know. Could be true. Could be false. But then again, it's a funny thing because people say, well, it's on Twitter. It's not really true. Don't we say the same thing about MSNBC and CNBC and CNN? They're like, those guys are full of it. Everything's full of it. I don't know. But again, if it happens or it didn't happen, does that make any difference for my strategy and my portfolio moving forward? No. It might make a difference for you. I don't know what you're doing. Not a financial advisor, but yeah. That's a good point. Joby's got a good point. Don't worry, everyone. The sacrifices needed have been made and the ETF can be approved now. They want to finance knocked down a few pigs. It could be true actually because if you think about it, their whole thing, the SEC's whole thing is about market manipulation. And of course, people will say, well, you can't manipulate Bitcoin because it's on chain. And of course, it's very decentralized. No, what you sure as hell can really manipulate prices across a multitude of exchanges, especially with the biggest exchange outside the US reach. Just saying. It's black rock. Man, I gotta say, this is much better doing a stream from the floor for my back than standing up. Right around now, I would be fidgeting all over the place because my back would hurt like crazy. Let's see. Cold and woeful. Next time when I get out of my mind, I'm not a shiller. Just a blockchain nerd. Nothing wrong with that. We're all the same. We're all nerds. Kidding me? How many times have you talked to your family about crypto? They're just like, shut up. We don't want to hear about it again. Oh, thanks. Good question, Scott. When ledger stacks, I don't know. Maybe the same people that produce ledger stacks, the same people that are creating the Tesla Cybertruck, because it seemed like those never come out either. Just saying. I know there's a lot of Tesla lovers out there. Tindy Tesla. Just waiting for my Cybertruck. That's all. Dogs love when you're down there. Yeah, there's one right there, laziest dog I've ever had. What will happen to Binance US? Binance US was already going down the toilet anyhow. I don't think that's going to come back anytime soon. Could be wrong, but I don't even use Binance US. I mean, some people do. Because I'm in Puerto Rico and Texas, I don't think, and when I was in Texas, I know they didn't allow that. Puerto Rico, they might have opened it up. Right now, I only use Coinbase. Do you know what's funny? I was using Coinbase and Kraken. Now, Kraken's getting sued. It's like I can't use anything. Maybe this is the whole point, the chokepoint 2.0 initiative, right? Choke out the exchanges. No one can get crypto. We'll find a way, though. We'll find a way. Where there's demand, there's somebody willing to fill that demand, especially for a fee. I do. She does her layability. Yeah, she does. Look at that. We're done. Eos for sure. And then what else do we have? I think that's it. I think I answered everybody's question. So again, I know we see these things and it's like a big deal. Some people think it's a big deal. It's not a big deal. It's the same thing happening over and over again. That's just how it is. And this doesn't stop the having. This doesn't stop the progression of potentially an ETF being improved. This doesn't stop the macro environment moving forward. It's just another day in crypto. And one of the CEOs stepped down, apparently, and the DOJ got its way. So that's it. Boo-hoo. Thanks, everybody, for stopping by. I appreciate it. Like today's video? Give it a thumbs up. Consider subscribing. And then if you'd be so kind, leave a comment on the way out. Maybe not in the live stream, but down below. Apparently, YouTube for some reason takes a lot of weight with the comments as opposed to the likes. That's what I've found so far. But that's it for today. Thanks so much, everybody. I appreciate you. And I'll see you on the next one. Have a great day.