 All right. Good morning, everybody. Welcome to the Wednesday live stream So this is an odd time to be doing a live stream for us Usually we do it four or five hours later, but for today since I have family in town This is going to be a very early stream, which I can tell because Of course is we see the people that are flowing in not as many as we were used to but if you're watching this later It doesn't matter. We'll do a little Q&A This is the information that we have and what I want to start off with was a pretty good interview This is by Jessica From coin bureau and I linked the full video in the description so you can check it out And you got Raul Powell there on the right and you got tim draper Billionaire investor made some pretty good calls back in the day got into microsoft. I believe got into uber Got into a lot of things got into bitcoin in the uh, 2011 I believe it was and And uh, it's a pretty good Perspective that he has so this is actually the video itself is About 30 minutes long. I just wanted to condense it to This this two and a half minutes of what tim is talking about and actually kind of sped it up because tim drops talks very slow Which is not a problem But I just want you to hear the whole thing in a in a reasonable amount of time So listen to what he says about the ecosystem about bitcoin and where it comes from And uh, I can tell you that this is a pretty good Take so let's just take a listen here make sure you can hear it And uh again about two minutes or so Well, I'm really pretty excited about stacks. Um, and the reason is Here's the way I looked at it I watched the internet boom and bust and boom again and um, and I watched how How the software industry grew even before that And microsoft created this platform And then everybody created all this software on that platform and that platform included then all these all these little companies created clip art and little games and Paint programs and all sorts of things and then there was this one word perfect that started to really rock And microsoft looked over there and then they created work And then there was another one called lotus one two three that was a spreadsheet And it was booming and microsoft looked over there and created excel And then they saw powerpoint rising and they quickly bought it before it got too big And they tried to get into it with money, uh, and they realized they couldn't do that Probably eventually we'll have to buy into it too, but it's um What happened was there was a platform and they let people do all sorts of things And then they chose the things that really mattered. So i'm seeing sort of the same thing happen with bitcoin as a as a platform Sure all the a lot of the experimentation went on ethereum and solana and tasos and whatever else But now People are going. Hmm. Okay. So nfts are a big deal. So we're going to create ordinals on on bitcoin. Oh, okay So defi is a big deal. Okay. Well, we're going to have defi on bitcoin. Okay. Smart contracts are a big deal We're going to move smart contracts to bitcoin I think that's happening and I think there is a little bit it's starting to happen in consolidation around bitcoin because as a platform because Um, I don't know if you noticed but it when bitcoin was at $40,000 the last time ethereum was at $3,000 And now bitcoin's at $40,000 and ethereum's at $2,000 and all the way down The rest of the tokens are also um smaller relative most of our smaller relative to bitcoin The differential so I think that there is this slow steady movement Toward the all the important applications going on bitcoin So I'm kind of looking most of what I've been investing in although I mean we'll look at all sorts of things Have been things that start to move the important applications over to bitcoin. So I think that All right So yeah So I thought it was interesting because it's perspective looking back and I remember like when I got into Well into the internet itself. I remember everybody told me that you know, you got to get on this this platform It's called friendster and it's going to be fantastic It's a new social media platform and ever was there for a while and then of course it's uh It just kind of dissolved and all of a sudden there was this thing called facebook and everybody kind of went over there And then all of a sudden there was these other social media platforms like uh twitter and instagram and not tiktok and Like you just kind of see like like an evolution but um The the smartest thing that facebook ever did was realize that hey all these things that are going on around us We can't just build our way out of it. Let's just acquire everything and that's essentially what it is When he talks about consolidation, I can see where he's coming from and why he thinks he'll actually do that but The thing is is that we don't know we know that there's there can be a consolidation and it makes a lot of sense However, the thing you have to realize is that how long is it going to take? Is this going to be like a two-year thing where bitcoin takes everything? It'll be a 10-year thing or a 20 or a 50-year thing It's the timing that we get all wrong and before we go forward This was again like a great clip from uh, and jesca did a great job for the interview You can watch the the the full episode. There's a link in the description right to the video directly And that just sounds great. So what I talk about is I want to talk about the uh, the bitcoin ecosystem Then we're going to talk about a cardinal ecosystem and then we're going to talk a little bit about gaming So before we we jump all you know into the bitcoin ecosystem Take this with a grain of salt Tim draper is a great investor, but I will tell you right now every great investor has their Mess ups no one is a hundred percent And when you have like investors like like tim some things just don't work out So when he talks about these things just like well, is it all going to be bitcoin? It will always be just remember Tim's had some pretty wacky, uh predictions in 2018 He said hey bitcoin will be 250 000 by end of 2022 and on november 16 2022 when ftx was was collapsing He said yeah Bitcoin can still hit 250k in that year 2022 then he revised it and said well, maybe 2023 and then he's like Okay, well, 20 or three is not over But if it is doesn't admit it it'll be next year. So like just take it with a grain of salt I can see where he's coming from And that is why if you've watched the video I put this out like about a three weeks ago or so Is all the different cryptos that I own I talked about this stacks And stacks was it was a reasonable play because I don't know what's gonna happen What's gonna build but stacks is essentially a layer two solution Which means it uses the bitcoin ecosystem or the The underlying foundation it builds on top of it and it's for smart contract functionality And I was turned on to stacks back in 2021 When they partnered up with miami and mersuarez when they made miami coin They did the same thing in colorado as well And I thought well, this is gonna do pretty well and it did and then it crashed because that's how it is Technology has to catch up. So with stacks. I mean, I've been stacking stacks for quite some time And over the last year People say what I mean, is that good? It's done 512 percent. That's roughly what solana has done and solana has been the darling of The ecosystem or the entire crypto Sphere everybody's been talking about it, but I'm looking at stacks right now 512 percent Let me make sure that I'm not just blowing smoke Because I don't want people to say well, it's actually blah blah blah. All right So cardano in a year. Okay, you got me 536 percent So if we're taking a look at it, you really love bitcoin You really love where you know, you're in for the tech bro. Great Maybe you should take a look at the ecosystem Then of course when you talk about inscriptions don't forget about you know ordinals And this is the token already did pretty good and it's very early You know, it's only been out for roughly 30 45 days And it's done 120 percent So these are some that to take a look at as far as the ecosystem now There was a downside to all that especially with inscriptions. We saw it on bitcoin. We saw it on polygon We just recently saw it avalanche. We didn't really see it on near I'm just kind of surprising but when you have inscriptions when you have these ordinals Essentially nfts and they can write into the blockchain itself You're going to have this and this is the average transaction fee And this is why the bitcoin maximalist maximalists are so ticked off Look at these prices. I can understand in 2021 When it was just a frenzy. It was the tippy top of the market april 2021 the fees to transfer bitcoin were outrageous $62 And then of course we had a little pump right here And on may 2023 interesting and then with of course that was uh Now we have the ordinals. Let me blow this up so you can see it Uh My bitcoin is essentially stuck on Coinbase because of this Right now you're looking at a couple days ago. It was 37 dollars then it dropped to 25 And it dropped 28 So the narrative of like bitcoin is used for transactions unless we get another layer 2 solution like lightning. It ain't happening So again the ecosystem I think can do pretty well. We'll see how well it goes I don't think the technology has caught up where everybody's building on stacks And everybody's using ordinals and everybody's using lightning because that's not true but There is a potential anyhow, let me just think about that in the comment section and also This is what kind of come in line with uh The title of the thumbnail today This was a memorandum from the sec and of course everybody's excited about the uh the coin ETF. Hope it gets done I'm not too sure everybody else tells me it's 99.9 in the bag. So all right But these types of things do make me feel quite positive This is a memorandum. This is uh the remiss office of market supervision Division of trading and markets in the sec and this was actually what's the date today? Oh, this is yesterday December 19 2023 black rock got to sit down with the sec for the umpteenth time and they also got to sit down with joseph cusick jonathan cayne Gian and we nailed it ellison doil for the nasdaq stock market So essentially they're like hey when this gets listed, you know, here we go Let's all just have a pow wow. So I think it's a step in the right direction Hopefully the spot that coin ETF gets approved because when it does You'll see a pretty high Market appreciation. Now the question is is this a buy a rumor sell the news? I'm not so sure I think the money flowing in over time probably could be in the short term You might see a retraction but an ETF is positive And again, I don't really care if it gets approved now or it gets approved later That'll be january or in march or even next year and 20 I mean in 2024 later in 2024 It's not a question of if it gets approved. It's a question of when I'm just uh, not a big believer in gary gensler Anyhow, let me just think about that and to finish up There's a couple of things first of all Cardano, I know some people hate cardano. Some people love cardano. I have a we have a cardano Stake pool there's links in the description. You can check it out But uh, this is I think pretty big news Now we know that on solana. They have helium and it's done amazing Because of the a great, I mean, whatever they're the marketing over there They part it up with with a college university. It's going across the united states, but with world mobile It's a different route and they're trying to connect the unconnected and this was pretty big They just announced this. I think this was this morning The collaboration with vodacom using aerostat tech to help connect the unconnected Here's a little secret I talked to mickey yesterday and he told me about it And I thought it was interesting because he goes, you know the same guys that are you know We're in talks with and have a deal with right now for the aerostats But the same guys that were laughing at our faces two years ago. I was like, oh pretty it's you know, amazing He goes, yeah But the question is who's votafone or votacom votacom South african mobile community company providing voice messaging data and services to 130 130 million customers across africa They are a subset of votafone Which is the british multinational telecommunications company british art office and global headquarters in berkshire england operates in asia africa europe and oceana and The net income is 12.34 billion revenue of 445.71 billion and those guys Are pretty much doing like a little trial run With these aerostats Because why is it great? It's great because they can have connect connectivity And they can cut down their costs massively for the places that they can't get it So again, this is one of those things that I can actually do now. Some people say well brah What about starlink because starlink is coming on and elan is going to take over the world Here's the thing in a lot of countries They're not paying 600 bucks for the massive amount Of actual hardware that you need for starlink individually and they're not paying 120 bucks a month There's a reason why they're trying to connect the unconnected and they actually do partner up with starlink for a backhaul for their data world mobile token and starlink So there is also that and of course it just talks about the partnership The aim of the collaboration is to trial our aerostat tech with votacombs mobile spectrum an extensive resource to help solve the challenge of Connecting the unconnected regions of mozambique and I can just tell you right now If this happens in mozambique to like whose works pretty well, which I think they're probably going to say What does that mean? Well, they're going to probably roll it out to the a lot of different sections of africa and then of course Now votaphone's like hey, you know what there's a lot of places we can't reach into and it's way expensive Let's just use these aerostats because we were laughing at them before let's use it now And of course with all this talk, what does that mean for world mobile token? Nothing Not much a whopping five percent increase And if you're looking for something to do your own research and look at just want to let you know The market cap of this is 92 million 505,840 not even a hundred million now does rob Talk about this of the goodness of his heart absolutely Not I own world mobile token. I own a lot of it matter of fact. I got in two years ago So when I talk about something just know that I own it And if you think that I won't dump on you, you're incorrect I will but I do like this project. I'm just putting it out there that I think this is a great project And this is what's happening. So there is that and then lastly lastly I keep saying lastly it's not there's two things to talk about I need your help and the help is I want to find some of the best wallets As far as ease of use set up and functionality And I I'm looking for hot wallets now as we know on this channel on a big believer in tangent That's why there's a big screen underneath there. No tangent doesn't pay me a dime But I do use affiliate links. So if you want to pick up a tangent for christmas It's a great stocking stuffer and you get 10 off And if you can't stand me or using affiliate links, just go right to tangent.com. It's a great. It's a great website It's a great product So as far as like that, that's great. But what about hot wallets? So right now I put out a tweet and I said, hey, what hot wallet do you usually use? Which one of your favorite personally? This is the ones that I use. I use phantom Titus wallet meta mask and nami and I got a lot of People telling me a lot of different things about which ones are the best. Vanessa here is his sonar wallet exodus soul flare wallet Atmite what's for me? Okay zirion kepler wallet Retros is palli wallet I'm just kind of getting a gauge because I want to do a deep dive into like the top five or seven hot wallets So if you use a hot wallet and when I say a hot wallet, I mean, that's one that's Constantly connected to the internet. So either it's in your browser or it's on your phone Drop that in the comment section and then I'll do a deep dive video and we'll go over it because As we roll this stuff out. I think everybody should have a cold storage wallet I think it was probably easy tangent But I think they should have a hot wallet when they do want to do some like, you know Degenerate type of things and move things around. So I need your help. Please. Tell me know what those wallets are so I can do a deep dive And then of course, there's a link in the description Uh, if you want to check out those wallets that I use Titus is it's super brain dead easy Phantom as well and I like those for nfts um And then also because Christmas is coming up I want to do a giveaway and the giveaway I want to do is a specific game. So again The goal of this channel is to get people and educate them about crypto, but I needed to make it super simple especially for The moms and the dads and the grandparents and everything else and just make it brain dead simple. So, um, as far as web 3 gaming My narrative is I think you've got you've got ai web 3 gaming indexes That'll be the next narrative for the next bull run And the reason why I think of it is because look if you take a look at like global box I mean just movies in general first of all the movies making these days kind of suck But that's you know here and over there Uh, you can see that the revenue is roughly 10 billion Well, that's 2021. It may be 20 billion now, but it topped out in 2019 at 39 billion Gaming revenue in 2021 was 93 billion mobile Console was 50 billion and pc was 37 billion I didn't really know that until I started getting the web 3 gaming that gaming trumps everything as far as like Movies crazy, right and here's some further breakdown. This is from exploding topics also from statista How many gamers are there out there? I didn't know this either Uh number of gamers and gamers means not like not core not like hardcore nerd gamers who sit around and sorry some of you guys Sit around and play games, you know 24 7 and that's all they do I'm just talking about people like have a Random game on their on their phone when they want to kill some time like me So in 2023 Oh, this is the increase. There's a total of 3.2 billion. There's only like roughly 7.9 billion people on the planet. So You know roughly, uh 40 percent Are gamers 2024 you'll see a little bit of an increase of 100 million and then also what's interesting is that the age groups I can get the 18 to 34 But then you go down you get to my age group 45 to 54 12 percent And even 55 to 64 9 percent and then But the question is then like what kind of games are people playing these action games and shooter games Which I don't really get into because I got stuff to do and I don't want to I can't say waste time. They're are pretty fun And I really need to pick those up actually but casual is clear in a way the best The biggest winner 63 of respondents say that they play casual games, which is almost 2 billion people So here's what I want you guys to do. I'm going to do a giveaway and that giveaway is a benji pass Benji pass is this game benji bananas. I don't know if you've ever heard of it, but it came out in 2013 It's got 50 million downloads It's going from web 2 to web 3 And I'm going to give away these passes so you can earn the benji token. Now. Here's the thing The game is super simple. I linked there's a link in the description. You can download to your phone It goes on iphone or android and yes before you bombard me. It's free to play It's fun. And if you want to just, you know, play some time go ahead I know there's some people like rob. I don't play games because I'm an adult cool. Don't play the game But if you're like me, you're like every so often you're like, you know, you're sitting around waiting for somebody You're like, what can I do instead of just going on twitter constantly like I do You can just play a little bit of game That's the game right there We'll do the giveaway this week at some point, but I need you guys to Download it play the game. It's free. No, they didn't pay me But they are going to give me three of those passes to give away maybe five I'm going to connive them But that's it for today. So look If you like today's video give it a thumbs up consider subscribing. You're going to talk about it's time sensitive But if you got to take off take off Thank you for stopping by I do appreciate you now