 I made a live show for a man who's not my dad. Happy Monday. Yes, not a financial advisor or anybody's dad, but I try to keep a level head and just bring people through these crappy times. Let's be honest, this is probably the most boring part of the crypto market. And unfortunately it's where everybody, all the money's made. It's just boring. And it's just a grind and a slog. You know what it's like? It's like getting in shape. Somebody wants to wake up at 4.35 in the morning before they have to go to work and go run and then go work out and do all these things just so they can see their toes and not get fat. But it's when everything happens. And over time, good stuff does. And how many senators do we have? How many senators do we have? Well, we got Cynthia Lummis from Wyoming. We've got Senator Ted Cruz from the Great State of Texas. And Warren Davidson, but I think he's a representative. Tom Emmerer, I believe is a representative as well. So I mean, we have people that are in Congress, either House or Senate that are backing us. It just depends on how big it's going to be, I think. Yes, yes it is. And I have no problem with people trying to serve their country. It's just that I have a problem with the people trying to serve themselves. That's a problem. But it is par for the course. Gary is scary, Gary is really not that scary. Yeah, my name says Puerto Ricans have no vote, token representation in Congress is actually right. Let's see, let me go back down here. What do you think a Wall Street mean? I think that's a Twitter account. I think it's the one, no, I'm thinking of Wall Street Solar. That's a good account. Hello, Ted Cruz. Hey, say what you want about Ted Cruz. He owns Bitcoin, at least we got one thing for us. Thai Boy says, have you decided your Celsius strategy? Me personally, I'd rather just have him liquidate, go from there. But I voted to go with Simon Dixon and what he's trying to do with that. Celsius is another problem. And again, it's one of those things that's a learning experience, which sucks. And I would just like it to move forward. We'll see if the new co can actually do it, but you have to understand if you're gonna go for a new co try to push these things out, it's gonna take time. So again, it's just one of those things where you have to give loyalty and the ability to see in the future and go, this is gonna work out. I'm going to side with this new co, hopefully it works. And then of course, then I can be made whole yet again. I don't, I'd rather just take my crypto back because I think I know I'd do better with it, I think. Instead of then putting into some crazy Bitcoin mining operation, which is tough anyhow. Zero timeouts, got a good question. Who will buy Bitcoin at 250K? You know who's gonna buy Bitcoin at 250K? All the people right now that are making fun of you and who are asking why are you investing in the crypto as things just keep going down. The people that buy at 250K are the people that you tried to orange pill that never listened to you. And I put a tweet out yesterday and I said all the people that are, and this is the same thing that happened in 2018 and 2019, the same people that were laughing or snickering or questioning like, why are you doing that now? It doesn't make any sense. They're the same people that are gonna call you during the next bull run and beg you for some kind of advice of what they should get into. And that's coming. I don't know if it's 2024 or 25 or 26, but that's always, it's always coming because bear markets don't last forever, neither do bull markets. And when that happens, there is a quote, I think Dan Held said it, and says, you get Bitcoin at the price you deserve. You get crypto at the price you deserve. So for all these people that are out there that are saying, that's a dumb play. Why would you do that? It's going to zero, whatever else. I will happily dump on you at that point because you didn't listen. And I tried to bring you with me and you're not. And now you're gonna get the price you deserve. That's that. Ah, yeah, that's a mean thing to say, Rob. Yeah, I know. I'm a real jerk. UST, state of the, trust no one. Don't even trust me. Yeah, Beach Guy Day says, you're not buying Bitcoin. You can learn if you get the Bitcoin. Just remember that, you know, as long as you are taking care of your family and you have everything in line, do whatever you want. Trust no. See, that's a good question. What price is too high for you to buy Bitcoin? 100K, 200K, one million? Yeah, I don't know. I thought that when I was buying, I remember buying Bitcoin at 3,000, 7,000, 8,500. I remember buying Bitcoin at 50,000. I thought that would be ridiculous. But here we are. So I could tell you what it is now, but in the future things will probably change. And I'm like, well, it's not so much. If the government keeps printing money and the M2 money supply keeps increasing and inflation keeps going up, I don't know if there is a level, quite honestly. Yeah, Robin says, Ben and Gareth said that the Fed would likely undershoot inflation and the coming recession will turn on the money printer. Liquidity comes back on the system. The money printer always comes back on, always. And if you look at the M2 money supply and take it against the backdrop of NASDAQ, S&P 500, even Bitcoin, you can see that. Everything kind of just corresponds with it. And I know people will say, but Rob, the recession's coming. Well, that's when they turn the printer back on. When the recession really gets bad, if it does, I'm not saying it is. I'm not saying it's soft landing, a hard landing, a depression, whatever else it is. But it's a cycle. And inevitably it always comes back on because that's just what Americans do. We eat fast food and shoot guns and print money. In that situation, of course, we'll see an increase in the valuation of Bitcoin and crypto as it's a hedge against inflation, or at least a really good asset, or at least digital goal, like what Larry Fink talks about from BlackRock. Yeah, Aristotle Plato, I mentioned Bitcoin every day at work and I think I'm talking BS. Maybe the protocol will survive or maybe we'll have to try on financial advice. Yeah, and I got to tell you every year that moves forward. Remember, in 2017, I think there was an ability for the government to really put a stranglehold on all crypto, not just Bitcoin, they didn't do it. Because they just kind of said, well, it's just a nerd money or whatever they thought it was. And now here we are. And now we have major, major institutions going, you know, we got to do an ETF, which I think a Bitcoin ETF will get approved. I don't think it's gonna happen anytime soon, but at some point it's gonna get approved. Now it's just too late. So I don't think anything's going to zero per se, but I like where Aristotle's heads at. It's a good question. Paranalysis. Paranalysis. Rob, is Bitcoin, if Bitcoin is going to safety and likely 10K from here, why risk the altcoins? It's a great question. Here's the answer. The answer is because I don't know. Because every time I think that I know where the market's going, here's a prime example. How many times did you hear the term Rectober from everybody, right? So here's September. And we thought it was gonna be brutal, brutal, brutal, brutal. And it wasn't so far. Now it doesn't mean that it can totally reverse, but here we are. Remember when everybody told you that Bitcoin never go below 20,000? Oh man, those were good days. Yeah, and then it went to 17. And then people said it'll never go below 17. And then it went to like 15, 6, November, 2022. So to answer your question, if Bitcoin goes to 10K, for me that's, well, that's just par for the course because I always feel like, I always felt like Bitcoin can go to around 12K and I've been wrong so far, but I just don't know. And that's why I just do a little dollar cost averaging and move from there. I mean, I'd like to know everything. I'd like to be perfect, but even the people that I think are perfect, never really are perfect. Ares says really like your video on small DCA amounts, probably the most down-to-earth crypto for us poor people. Yeah, I got that from people like Ares Doddler Plato. He said, hey, well, it was somebody else too. They said, hey, you know, if you're gonna talk about spending 1,000 bucks a day on crypto, that doesn't help me. I need to hear about like, what if I've only got 10 bucks a week to spend? You know, okay, that makes sense. So we did a video, we're doing a series on that every Sunday, but then someone also told me a smart thing. They said, and I have it on my do-do list, which is, you know, if you're going to, if you're gonna buy crypto and it's only $10 a week, you know, the fees over at Coinbase, buying $10 of Bitcoin, you're gonna have to spend a dollar or if it's cracking, it's like 77 cents. And of course you're gonna do more than that then the fees get you. And then of course, if you have to unload it onto a closed-door device and there's transfer fees, I was like, yeah. And someone told me about, they said, you know, you should look at crypto.com, which I really need to do and also swan. Apparently swan Bitcoin has a super low rates. So I will look at that and go from there. I'm not salty, I'm just tired. I'm getting over a little sick illness. So like I'm just kind of just, just tired. And I got to deal with my other businesses. So, you know, and some other stuffs that's going on. But I always show up because, you know, some days I don't want to show up. I'm like, damn it, I don't want to do this. But, you know, you just, it's the same thing. You just show up and then just grind it out. And then over time, you get rewarded. It's the same thing with everything. It's the same thing with like losing weight. It's the same thing with business. It's the same thing with investment. It's all the same stuff. Same thing with your marriage. Well, my marriage, that's probably the best thing. Yeah, that's a good question. Rob, can we have an interview with Fireblocks? Sure. If anybody knows Fireblocks, let me know. Ah, Randy's here. Randy, thanks for stopping by. If you don't follow Randy and you want a little more upbeat stuff other than the gravelly stuff that I put out every so often, follow Misty and Crypto. Hey, you know what, send me a message because we gotta do another Sunday show. That was a good time. All right, Randy. Let's see. Brian. Everybody's here. Susie says, Rob, are you still DCing? That's a great question. The answer is yes. And as a matter of fact, I'm, actually I showed you exactly what I bought just yesterday on yesterday's live stream. And we went over just how down I am on the DCA and I told people, I'm like, look, these are the things about dollar cost averaging, it sucks. And then at some point you'd look at your portfolio like, man, I should have done that. But then over time, like I did, I said the same thing myself in 2018, 2019, when I was buying, I remember buying Cardano at 3 cents and I'm like, this is not gonna work out but maybe it will, so I'll keep going. And I was buying a 3M like 120 bucks. I'm like, that's, maybe this won't work, but you know, over time. And then Bitcoin at 3,000, 5,000. Theta, I don't know, penny or something like crazy like that. Eos for nothing. And then of course, as time went on, you know, your portfolio was underwater. And then all of a sudden, gradually then suddenly, then you hit this miraculous bull market, like always seems to happen in four years. You're like, oh, I'm a genius, but you're really not a genius. You're just stubborn. And you're stubborn and then all of a sudden you have all these gains in front of you. And the only thing you have to worry about at that point is not being too stupid and actually taking some profits along the way. And if you can do that, then things work out. And that's one of the issues that I have sometimes. But yeah, as far as still DCing, yes, I am. And as a matter of fact, there's this term that I use called dynamic DCing, which if you know what I'm talking about, it looks like this. There's this website. It's into the cryptovers. There's a link in the description. And I use these things called time and risk bands. And as things, as the price of Bitcoin and Ethereum and Cardano goes down, the risk band decreases. And what I start to do is I start to increase or decrease my buys, depending on if things are cooling off or heating up. And that's it. That's the whole secret. And that's how I'm doing things. All right. Robert says, I don't talk to no corners about Bitcoin anymore. It's a waste of time. Yeah, you know what? I'm getting tired of myself. I'm getting tired of trying to like orange pill people and kind of bring them in. I'm just like, you know what? I've done my job. And if you want to meet me halfway, then cool. But if not, I'll see in the bull run when I dump on you. That's it. Ha, ha, ha, ha. Look, dude, if you want crypto to pump, then you need to keep saying it's going to crash. Yes, exactly. The market is the exact opposite of what I usually say it is. The crypto bureau says, do you think the presidential elections will bring liquidity to the market? It depends on if Congress, if Senate, if the House of Representatives, if there's a split. If there's a split where we have one party controls one side and another party controls the other side, and we can maintain that, then things will work out because things actually sometimes will, I mean, good laws actually get passed. If we have all Republicans or all Democrats, it doesn't really work out too hot. So I think yes, it'll work out pretty well, especially this time, because the country's a little bit of state of flux. And I don't see Joe Biden winning again. I could be wrong. But yeah, but regardless, and again, everybody, if, here, I'll show you my favorite. Ah, that's not it. Ah, there it is. It all comes down to liquidity. It all comes down to this. Here's some charts. Let me go to macro. You see this money supply? That's the M2 money supply for the US. It's all saving deposits, money market securities, and time deposits such as CDs. And you're gonna see that, like I said, America does a couple of things good. Fatty foods, guns, and printing money. And if you overlay, this is the S&P 500, you're gonna see that it's pretty much lockstep with how things are going. And you see these things right here? In the gray, those are recessions. That was the great recession, 2008, 2009. What did we do? Printed a bunch of money. And we did that in the dot-com era. We printed a bunch of money. Then over here, which doesn't seem like a lot, we printed some money and so on and so forth. Even in Volcker's era, we printed kept printing money. So once we get into that recession and we printed a boatload of money over here during that pandemic, that's a lot of money. So we did that. And then also, this is just the S&P 500. Let's overlay Bitcoin, see what that looks like. Same thing. Let me reset this. Let me do this. As we print money, the price of Bitcoin. I know people don't believe in, some people don't believe in the 40-year cycles I get you, but I think everything helps. I think a narrative actually pushes it. Look at this narrative. My little dip reset, 2013 all-time high. 2012 was the having, 2013 all-time high. Then we go through a dip, a double top, dip, 2016 having, all-time high. Then we go down again, dip and a reset. It's always the same thing over and over again. Nothing changes. So that's a nice little lesson for everybody. It's all liquidity. It's fine. Jack Dorsey says, what's your thoughts on the possible of XRP hitting 500 bucks by 2025? Come on. Come on. Do you really think it's gonna go that high? I could give you a price prediction. I'll give you a price prediction right now for Bitcoin in 2025. That'll be between the price of $5 and half a million dollars. It's somewhere in between there. By 2025, that's what Bitcoin will do. I nailed that one. Hey, it's Ben's chair. Capitalist Pig says, here I was time for a World Mobile update. I think it is. I could ever get Mickey to come on the show. That guy's works like 20 hours a day or something. I'll get him on. You're half right. I am stubborn. Let's see. Yes, Suzy. What are your thoughts on this next bull run being the next to final major one? This will be the final bull run before we get major regulation. I can tell you that. Because after this, it'll just be too, there was a great, there was an engagement by Arthur Hayes. He was talking about how 2026 is gonna be the next great bull run. He talked about how it's gonna be the next one because it's gonna be one of those bull runs that regulations is gonna be set in stone. And that'll just cause it to really tumble into the time when we actually have to put everything together as far as what is, what is a currency, what is a security, what is a digital asset. So I think the next one will be pretty gigantic. I think the last one, correct me if I'm wrong, felt a little underwhelming in 2021. It was great, but it wasn't like 2017. I think it was underwhelming. There was a couple of metrics that were weird. I think there was a lot of things in play, a lot of the nonsense, like the three arrows capital and SBF and FTX saying that they bought a bunch of Bitcoin that they actually didn't buy any Bitcoin. And then the Ponzi schemes that were Celsius, things that were going on with Voyager and the three arrows capital, there's a lot of problems in the background. I think this one will be bigger than the last one. But I can't really tell you about prices though. So I don't know. I only speak out of all time dumping them. That's most people actually we do on here. Thanks Naz, I appreciate it. It's a very safe prediction. Randy's everywhere. XRP is a fantastic cult unfortunately for the ones late at that party. You know, when I first got in I was big into XRP, big, big, big, cause it made sense to me. But the community itself, I know some people say, ah, community doesn't make a difference. It makes a difference. I think it makes a big difference. In all honesty, look at all the cults that are out there behind some of the biggest names in business. You think Apple's not a cult? You're going to tell me that people are just going to stand outside a whole night for another stupid phone and that's not a cult. Come on, CrossFit, that's not a cult. It's huge. It's a massive amount of people. And then fill in the blank with anything else. I think cults and people drive businesses in some way, shape, or form. They can't get enough of it for whatever reason. Master Blash says, hey, Rob, what'll happen to Solana FTX? FTX holdings get liquidated. They're already going through it. Already buying things OTCs, as far as I understand. And most of the people just buy them up and we won't really see too much of it. I don't think Solana is going to take a huge drop. Remember, I think it's 200 million per week, I want to say. Out of that, whatever, how many billions, one point, some billion dollars it is. So I'm not really too concerned about it. I will say this, Solana is one of the ones that I dollar-cost average. Solana, Bitcoin, Ethereum, Cardano, Chainlink, Arbitrum, host of other ones. And hopefully, hopefully it does go down. Mullets here. Tomato coin. That, what could have been with tomato coin? That's it. FT White is here. I should check him out on this channel. And there's many cults. All right, everybody, so that's it. So the big takeaway today is the basics. You're gonna hear a lot of negative stuff. We're gonna hear a lot of things about SEC and Elizabeth Warren and her nonsense and all those things. But just remember, all the things they're trying to do, they did a pretty good job of taking things down a peg, but it's still resilient. Mark is still doing pretty good. And I don't really have too much of a problem with it. The things that I saw when I went to Korean Blockchain Week, the things that I saw were a bunch of people just building head down, not having to deal with the nonsense that was the bull market. So I think we're in the right place at the right time. Just gonna take some time. That's it for today. So look, like this video, thumbs up, subscribe, all that good stuff. But that's it for today. Thanks much, everybody. I appreciate you. And I'll see you on the next one. Adios. Ba-ba-ba.