 Okay All right guys. I'm quickly back. Sorry about that technical difficulties Google Hangouts acting a weird So I don't want to leave you guys hanging. I'm gonna do a quick Q&A for everybody over here So we will get this going right now Okay So you guys got a question for me new one. Yeah, it's a new one We're just gonna do a Q&A 15 minute Q&A quick before I get my haircut. What you think of Bitcoin gold? I Don't think much of it tell you the truth. I think it's sloppy code Think it's a brand steel, but whatever that's a whole point of block chains The whole idea of Right or wrong is idiotic when it comes to this is like saying religion, right? But what is the right religion? There is no answer if you want to stick with block Bitcoin gold Go with Bitcoin gold if you want to stick with the real Bitcoin or that's a definition real book going so be it like You're the one that chooses What's your thoughts on ongoing our door, I don't know that I see I've no no fucking idea what that is What do you reckon will happen with the fork? Nothing? It's gonna fall apart What alts you personally hold and where do you see huge potential alts that I hold? Well, they consider a theorem in the alts. I hold this theorem. I like civic. They're pretty good I like Mineral like coins the cash Let's see what else there's so many. I don't know. Let me pull up coin market cap for a second Uh, what is your opinion on the tangle tech? Uh, a lot of issues with tangle Actually, I'm trying to get David on the show the CEO bit to talk about it So if anybody knows him quite well do a CC with me now like to talk with him One second. Let me pull up something over here Which chain will prevail Bitcoin even Coinbase just came out talking about it How about golem? Okay, so golem is interesting. Let me let me pause on a golem one for a second Excuse me. Have a cold. Everyone has a cold here Ginger tea or in Jamaica the college of make and gum. I love it so Golem, this is my thoughts on golem. I think the idea of crowd sourcing Resources is really important. You know file coins doing this made safe is trying to do this And Cyah coins trying to do this my issue with golem per se is this they are assuming that in the Future people will have hard drives and physical computers like for example. Let's say this right there's my Get up over there. I don't think so. I actually believe in the future We're gonna have small devices that's gonna be augmented reality where my hard drive and everything's on the cloud So I actually won't have physical resources to give into the new economy of sharing my resources Because I'll be using the cloud instead, but that's not to say that the actual idea of sharing resources is not good I think it is but I think the application that they're trying to go after it's not going to be a real problem in the future People won't have that problem and be people won't even actually have those hard drives to offer it as a resource So that's how I think but the actual idea around it. I think it'd be applicable for other things. Yes Omsi go they're pretty good They're trying to do the first project for plasma. So I'm actually excited for that to for the skill ability. So Sit back and relax and see how that goes J Okay So many questions one second How would you decide what business to start based on industry or problem to solve so that's an entrepreneur question Um, I usually solve problems that I have for myself For example block eeks I started because I had the problem of not finding an educational resource and a bunch of developers that I knew wanted to Learn this and then have a resource online and so I decided to build it and to scratch my own niche And plus I also been on the online space for seven years building e-commerce and SaaS products So you got to have some expertise on what you're doing How will segue it to x effective value of Bitcoin? Oh, well, you can look at history So if we saw the split right now with Bitcoin cash We saw a small dip and obviously Bitcoin has bounced back in Bitcoin cash. That was it today. I don't know Let me see one second. How do we do this? Your entire screen Shit application window. I don't know fuck. I'll do it later on. Let me run in window one second One market cap Bitcoin cash is US 330 right Bitcoin is 5600 like I'm not too sure he's using Bitcoin cash I'm not gonna go down the rabbit hole for that, but I stick with Bitcoin What are your top five blockchain based solutions, that's a good question one number one We still got a cell finance. That's not solved yet number two Digital identity is really good one number three and remember at the end of day, what does a blockchain do? It solves a problem of relying your trust on a third party So anytime you have let's say a scenario where you have to rely your trust on a third party Whether that is an escrow situation or what that is a credit situation like equal facts for example What is that as a mortgage situation where you have to trust an individual at the bank name the bank But an individual to give you that mortgage That's the blockchain really comes in so top three for me be finance Digital identity and eliminating the trust factors of people creating a peer-to-peer network and the other like two three ones They can follow afterwards Peter has a question do you think that implementation of blockchain technology in banks and large companies will affect in the cryptocurrency's Communities. Yes or no. I think banks will do private blockchains There's no reason for them to open source blockchains. In fact, I'm betting that oops. I Am I lost the questions? I am betting that We will see a nationalized cryptocurrency like the Rimen B or the Russian ruble within the next five years I definitely see a nationalized crypto coming One second guys. I lost the link Hmm. All right, here we go Electronium, I don't know man. I have no fucking idea what that is Are the investors I Can't read this one. So what is this are the investors will come back to the altcoins not the Bitcoin? Investors. Well, you got to define this is from George eight DJ George eight Well, you got to find what investor is for example with me. I don't trade. I'm a long-term investor value investing like Warren Buffett and Charlie Munger For traders that you're talking about whether that is daily traders weekly monthly traders. They trade They don't give a they don't give a fuck what it's called wherever There's arbitrage to be made whether there's money to be made based on the difference. They're gonna go there It's simple as that Okay, so many questions All right one second. Oh This is good one from Mohamed Usman. What is atomic swap exactly atomic swap is you have two different blockchains For example, they just did this with Billy with light coin and big coin Or just something else I forget but basically you can instantaneously swap from two different blockchains Your currencies without actually needing exchange the services like shape shift shape shift in the future won't actually be in Necessity well, that's not 100% true, but that's a gist of it. Hey, man. I like your videos a lot This is from Darius. I like your videos a lot. You got no fucking idea about electrum Would you consider maybe looking into it and maybe making a future video about it? Maybe I don't know. I'm busy. I'll tell you truth. I have no idea. I probably won't look into it right now No, I'm off to DEF CON for two weeks. Then I have to go business to Singapore so they won't have time and I'm gonna tell you guys something if something sounds too good to be true and sounds like a pyramid scheme and everyone's marketing everywhere And everyone's like promising returns. It's a fucking scam. Just run away Like come on use common sense people like for God's sakes What are your thoughts about Genesis mining cloud mining you mean by proof of stake mining you're talking about Like POS, yeah, sure POS is everyone's gonna be POS soon. Will I Yoda ever become the number one cryptocurrency? I don't fucking know First of all, it's not even a blockchain. So that's one thing So I wouldn't call it a cryptocurrency Well, like I said guys, if you know the CEO, let's do a CC and we can talk with him on the show Simple as that. Why do bitcoins fork and will it ever fork ever? Yeah, there's forks happening all the time You can do whatever you want pretty much Bert coin amazing week. What are your thoughts? I have no idea Bert coin, I don't know. I don't know where you guys getting these ideas What is this crowd with who's comes up with these names for companies like I don't fucking get it. It's horrible. What is this? Okay, one second Martin Crivo Borski a lot of gear up towards regulations happening both sides on state and private companies initiatives Where do you think it's gonna go? Well number, I really believe in the future exchanges are going to be forced to work with ICOs doing KYC and AML or else they won't list your token and your token won't have liquidity So in the future regulations will have to abide by the how we test and Depending on the jurisdiction that you're in those local laws from the municipality there And so I think the days of these like wild wild west ICOs are over like look what's happening with Tesos right now Look what's happening butrex with the US and let's say US users right now. So, you know KYC and AML is a big deal Even though I don't fully agree with it a hundred percent Any suggestions about a solid multi-currency? Yes, we're working on one. I'll keep you posted Steven Everett EOS looks very promising, but very much like a scam. What do you think? I think they're ICO how they did it is ridiculous. It's one year long ICO Also their proof of stake the delegated proof of stake has a lot of holes in it with centralized nodes And you know and who those nodes are and you can actually bribe those nodes to do whatever you want it to do So it actually eliminates the whole idea of decentralization, but hopefully they can fix that From Dorian Sanders what skills do developers need to get a job in the blockchain space? Well at blockheeks if you want to learn let's say solidity or something from hyper ledger Bitcoin On average you have to you have to be a pretty good decent full-stack JavaScript developer So if you know JavaScript pretty well, you can learn solidity. Did I participate on air swap ICO? No Do you think the ICOs are over as we know them? No, they're not over as well The Wild Wild West of ICOs might go for another six months I already see saturation people getting overwhelmed by them and I think future ICOs are gonna be incredible Like I said, I'm very bullish on ICOs I just think currently how ICOs are done both from a business aspect and also from a sustainable aspect and from an investor Investor aspect. I think it's crazy. I think going in the future having more say diligent types of ICOs with crypto equity ICOs dividend ICOs Not crazy ICOs raising $200 million. I think that's the future Cam oh, oh gun. I forget Pardon me if I've I butch your name. I'm not good with names Cam. Oh Oh gun I'm here. I feel that the best cryptos in the future will be Incorporate the best tech of all one second too many fucking comments The best tech available today and that's some of the best projects around will merge Well, you can look at just tech in general like from the internet era, you know, the first companies are usually I get the analogy of the pioneers All right one second guys Yeah, I see tomorrow. Yeah, yeah So giving the analogy of pioneers, you know when you look at pioneers that go to Any country that they've say colonized or taken over they're the ones who put in the hard work at the beginning then afterwards Guess what happens? They don't reap the rewards It's like the fourth fifth sixth generation that was the words if you look at the tech section or a tech sector in the early 90s It wasn't Google's back then it wasn't Amazon's back then right so it's always like the second third Generations to learn from the first generation Peter teal has a saying from zero to one in his book It's never good to be number one True like why don't we regulate ourselves? We don't need countries on the space. Well, I'm with you on that one I think I'm from believer. I'm against taxes. I'm against regulations I think we can regulate ourselves and technologies here But there's technology and there's human incentives and human behavior and human psychology, which is hard to control So for me the rest less regulation the better tell you truth And if an investor wants invest ten thousand dollars and lose ten thousand dollars because he's a schmuck and invest in a stupid scam So that's his own fault, you know, he took the initiative Why why why why why can he blame? What how does he have the authority to blame somebody else for stupidity? Okay, Peter. How does a newbie become a Bitcoin core developer? What programming languages do you need C++? That's a good start C++ is a good start Are you in Toronto from Kent? Yes our office in Toronto For Martin Kruvo Barsky again, what do you think the time frame on crypto will be adopted as a mainstream a time frame by banks? I don't know ten years. Maybe less the tech guys listen We're still early for the tech we need a couple of years to scale the tech We're new hundred sixty billion dollar market cap total crypto wait till we get a trillion like we have security issues We have onboarding issues off-boarding issue taxation issue Usability issue like we have a long way to go before you see global adoption Okay, Kelvin Sayer how much work do you see on tech that improves and which do you believe is most proud cosmos is in our office? They're right beside us. I'm actually Ethan's right there. They're great. I'm very bullish on that Cosmos is there. You got polka dot to us or sidechains Caradino, I don't know. There's a bunch now. How often do I work out? I don't know once a day, but my workouts aren't crazy. I fuck around I go to a little bit more. It's I some jiu-jitsu Hit the bags a little bit more fun play. I don't really care about building muscle. I just care about having fun during workouts Should we be concerned about iota that is down well funny thing So the market cap of iota went up like 14 percent or something when I was down So I'm like how the fuck does that even make sense like the Crip the crypto was down and not working But yet it was being traded it and actually increase in value like the Like I don't that tells you right there. There's issues already ants Charlie Sanchez answer that question already I think it's interesting what they're doing and then if they can utilize plasma properly That would be very good for the ecosystem Do you watch Joe Rogan Joey Diaz? Yes, Joey Diaz is one of the funniest motherfuckers I know like especially his video with him Talking with Alex Jones like 10 years ago with Joe Rogan. Fuck me. I Pissed my pants watching that shit Jacks I don't use jacks anymore Paul Armstrong. So everything I use I don't have anything off online Everything I use is online. Sorry offline right here. Okay. What is this? Raphael oh guard hi Amir besides crypto Oh Recommended books message from meaning great books. I got a couple in front of me This book is really good. I Dalio principles. It's originally from his principal PDF He did a couple of years ago. I highly recommend it a fantastic book and for a marketing book This is one of my classic favorites a couple of years old every reader. Maybe every six months Fascinating Sally Hogs head fantastic book. So business mindset marketing from labs, right? It's what I think of library.io the Wikipedia that you pay Why would I pay for Wikipedia or have ads on Wikipedia the whole point of Wikipedia to be ad-free? That's where they do donations and crypto So I don't know why like I like Wikipedia as is with zero ads. I Don't know what Komodo is so no idea Do I know it from Damian? Do I know anything about vibe and why they haven't stuck to roadmap? No, I never heard of vibe guys who understand is like fucking thousands of projects I probably get like 50 White papers every day and plus I run like two businesses I don't have time to read all these white papers and the good ones are actually jidam I don't send me white paper. I get reference or introduce from like friends in the industry Civic. Yeah civics cool. I like civic. I like Vinnie solid entrepreneur Good head on the shoulder So for me guys I invest in human beings as opposed to investing technology technology technologies innate It's like a hammer, right? It's like a phone right here. It's like how how do I use this phone? I can use it as a simple phone to just call people or can use all the apps on it, right? So always invest in the human as opposed to investing in the technology like the technology sentient or something Ricardo, can you talk about arbitrage arbitrage is simple. It's just margins man It's like say you buy a crypto for a dollar then it goes to five. There's arbitrage right there Then you sell that's what traders do all the day. It's arbitrage You can do geo arbitrage where you go buy crypto here for say X dollars and sell it to South Korea for Y dollars Arbitrage from exchange exchange arbitrage for OTC over the counter. There's many different ways of arbitrage in the space Would cosmos from this is Khalid would cosmos be capable of connecting smart contracts and blockchain. I assume so I Will ask Ethan later on today Do I like Reggie Millington? I have no idea who he is. So I can't comment on that Bastion from campus Campos Campo any advice for a person trying to start a cryptocurrency block? You need to channel like yours Yeah, just add value and don't give up Like if you guys look at my previous videos, I wasn't always in crypto like my background is an entrepreneur I've been in the held space. I've been in the marketing space like for me I just talk about whatever I want to talk about and if people watch it they watch it Like I don't make a living off of YouTube. I'm gonna fuck so for for my advice for anybody just be yourself be honest and authentic and Don't ever try to conform yourself from first up for a crowd that wants to be something that you're not like my motto in life is like I Have two fucks to give like I don't give a fuck 10x 10x is interesting the problem with 10x or any of these cards is you're at the mercy of mastercard and visa Any given moment they can shut down the rails for you. So and for me in the future. It's not really a card I don't want a card like fuck. I have too many cards already. I want this I want every payment to be on this not on a card All right guys one second questions are coming in like crazy What do you think about bit shares bitch EOS is the steroid version of bit shares What do you think of the curve? What was it? What do you think about the crypto market for the next two years two years is like a decade in the crypto space I can't predict that yeah, we're gonna have corrections for sure if you're looking statistics probably yeah From Ribeiro, how do you think government and big corporations will try to stop cryptocurrency to break regulate the market? Exchanges exchanges are the big weak points Imagine guys if every single exchange that is centralized and controlled gets shut down or told them like listen If you don't do proper KYC or we're gonna shut down your bank Like where's the liquidity for you guys and then the OTCs are difficult So exchanges are a big one if governments one they can easily shut those down. This is from Sammy day Dahman hey, I'm here. I was wondering how can countries in Middle East or Africa get involved in new technologies? It did a basic internet and banking infrastructure Invite people create workshops I'm a firm believer in creating epicenters and Epi hubs in your community For example reason why Bitcoin and Ethereum took off as a meet-up groups You didn't need to eat and like bring people together educate people internet Yes, it's a necessity, but it's not a set that necessity for the beginning So create centers of of knowledge in your city that you are located in Where did I go to school? I never went to school I got kicked out in high school in grade nine and never went back and I hustled from the age of 15 to 21 Living a very fun interesting life. So I don't like traditional school in whatsoever Psycho and in fact side coin. I think side coins one of the one of my favorite projects dad VC funding Working working demo, or I would say working product name and demo Solid UX good support. So I have a funny suspicion for suspicion for SIA I bet Dropbox might buy them. So just I'm saying that right now guys I think Dropbox has a solid chance of buying SIA the whole company or Val Amir what fact one second what factors determined the initial listing price of ICO the exchange and The selling price that you've listed for both pre. Sorry pre and post ICO So it's it's a it's a variable of different attributes And also what people and I won't get into it, but there's a lot of different variables Well, you guys are crazy on Iota if you got like email Iota and ask them all these questions All right, so many questions one second what time is it? I'm gonna leave in five minutes Answer this please Some can that pan he has some Bitcoin gold should we sell it? I don't know man I can't make that judgment call for you thoughts on carrot. Oh, wait wait wait Thoughts on Cardano. I need to investigate that first. So I want to actually meet the team and talk to them So that is on my roadmap. So yes, so I can't make a opinionated answer in that yet What do I think a block hat? I don't know what the fuck that is Do you believe in a crypto bubble? I think we're always in a crypto correction There's corrections all the time Do you think the Bitcoin price will go down after a segway to 4x for a small time? I think so if we look at the past with Bitcoin cash, yes And also guys I'm a firm believer if you're investing in crypto Don't just wait for the dips my firm believer in the daily average or the the daily moving average a little bit bit By bit you purchase right so you get both the ups and downs How do I feel about chain link and smart contract? Oh chain link? I actually got a I have a meeting set up with the CEO. So I'll get back to you on that Yeah, thanks. Yeah, I need to yeah, I forgot about that. So I'll talk I'll talk to him I'll get back to you guys for that. I'm actually so this from Darius I'm actually looking to investing in Cardano. Now I'll wait for an update. Okay. Yeah How many startups have I been involved with me personally? I've I failed in many of my own successful ones. I've been in three of my own personal ones Started ones that have been part of as an advisor investor have been more than seven. So a lot What may what makes Israel a startup nation? I don't know the culture I guess Mmm. All right guys, that's it. I've got my haircut coming up down the street I need 10 minutes to walk if you guys enjoy this leave a comment below the video and If you want me to do more of these Q&A's random show like this leave a comment Just say yes, and maybe I'll do this more frequently and often. All right guys. I'm out. Peace