 What measure asset news today when I want to talk to you about is resilience and as we can take a look at there Are some projects that are resilient and make it through these bear markets And they come out the other side and they are all the better for it in the bull market The thing is just to pay attention to what's going on around you So the first thing we're do is we'll take a look at what a history as far as what has been resilient What has not I'll take a look at the things that are really growing as time has gone on And then also we'll take a look at what I like to call regression because it's not so much to take a look at what is Thriving we'll also take a look at what is potentially dying and we'll go over all those things But first let's take a look at exactly what we're talking about here for the history So the history itself is a great website a link in the description below coin market cap comm forward slash historical Now I want to take you back all the way to May 5th 2013 a lot of you weren't even in this in this market I wasn't in the market till 2017 personally, but let's take a look here on May 5th 2013 Here's the top 10 and pretty much this was it and you had Bitcoin is number one is it always has been and who knows what always will be but that's just where we're at Light coin was number two and the rest these I've never heard of in my life Name coin pure coin feather grant. I don't know what these are what they do the supply The market cap it's just you know little bits a little crazy look at that like coin with a market cap of a whopping 62 million 298 thousand 217 dollars in 2013 name coin six six months laughable So again these things that are that are out here and during this time frame trust me People were talking about how great those those projects were and how they would last forever not so now let's jump down to December 7th 2014 see what we got well a little bit more has grown here We've got Bitcoin and a whopping three and seventy five dollars XRP at a penny Light coin, but again, do you remember do you take a look at these and go? Oh, I remember these Bit shares made save coin doge coin still there. Hey, look at that NXT stellar name coin dash Supernet Monero still around and the rest of these I have no idea what the heck they are They just don't I've never heard of them now. Let's jump forth to 2017 Let's let's take a look at you know, pretty much the peak of The second four-year cycle we take a look at roughly December 10th Not the peak but pretty close Bitcoin 15,000 Ethereum Bitcoin cash Iota Iota was in the top in the top four XRP light coin dash Monero nem remember nem. Yeah, neither do I Cardano a theorem classic. Oh neo stellar eos Bit connect was in the top 20 and it was a Ponzi scheme tether monocoin So you get where I'm going with this pay attention to the things that are going on around Because a lot of these coins are not gonna be here, which leads me to my next point, which is this resilience and If we take a look here resilient, what is looking at resilience? Well, first of all Let's take a look at the number one, which has always been number one Bitcoin And there's a great website looking at Bitcoin comm link in the description You can see this thing called Bitcoin hash rate This is the amount of computational power that is put out by the network with all the different mining rigs that are out there as They push forth and try to mine Bitcoin for every block every 10 minutes. So we can see here that the hash rate Has fallen from its all-time high and we can see the hash rate here. It's X of hashes or how an incredible amount of Computational power and electrical power that is being used Well, we've tapered off since December 13th and actually we tapered off starting November One of those was of course the crash of of FTX and that led to the price of Bitcoin going down Remember these Bitcoin monies they have to sell Bitcoin because they have overhead and it took a big dump now over here in December what the heck happened? Well, one thing has happened here is that in Texas? My home state or my state that I I have occasion quite frequently right now. We are living in Puerto Rico We've had a huge Cyclone cyclone bomb and that's throughout the whole nation and I think different parts the world are feeling it but We've had to have miners shut off their mining rigs because that's what Bitcoin miners do in Texas when we when the grid itself needs Electricity Bitcoin miner shut off and it's a it's a great synergistic environment and of course that that electricity goes to the home users allows them to heat their house So we've seen a lot of a big drop-off with Bitcoin miners. Does that mean that? Bitcoin mining operation, which I think is is the hard of course Bitcoin. Does that mean we're seeing a drop-off? No super resilient. This is a this is a tweet from riot blockchain one of the biggest Bitcoin mining operations, especially in taxes This is just on December 22nd for Pete saves. They just rolled out a shipment of 5,000 s 19 XP miners into taxes and they are putting those up in their Rockdale plants and they're gonna fire those things up So pay attention not only to the products that are resilient, but the companies behind those projects That are doing the right things to keep the lights on to grow and expand even in this junk Bear market because they're going to crush it in the bull market and also Just a little side note. I found this very interesting and I talked about this before nice And this is when there was a big cold front in Europe And I said hey if you're a Bitcoin miner once you just heat your house with your Bitcoin miners and people laughed at me like You're dumb Why would anybody do that? Well, here you go. This is a space design warehouse and He's got a Bitcoin channels or a YouTube channel crypto channel. Check them out Just take a listen to what he what he says here clear camera as you can clearly see I'm pumping hot Bitcoin air into the air intake and then if we go out into the living room Look at that. Look at that hot vent. It's not that hot, but it's putting out 71 degrees 72 degrees Here's the kitchen one We go into the bedroom Beauty One and a half degrees we'll go in the Billy's room. We're gonna think that Look at that hot vents so with just one Bitcoin miner Maybe two if you live up north right now where it's evidently colder than zero degrees Fahrenheit You can send hot air all throughout your house and because of the replacement fan. It won't be all that lap Right. So again, I don't see a problem here I mean if you're going to be electricity anyhow, and you have a Bitcoin miner, why don't you just heat your whole house? Essentially, that's what I see now that doesn't work in all situations And there's a question down here which says hey, how many square feet is your home because if it's like, you know 500 square feet of course that would make sense. I run the ASIC on its standard settings Are you overclocking and space design says look my house is 1400 square feet to be fair I'm in Orlando, Florida, but it's been the 30s here 30s which in Florida is pretty cool And yes right now all everything is on stock settings about 3,000 watts I just found it's interesting that there's a there's a dual use here for Bitcoin and lastly When we talk about resiliency just take a look at just how early we are This is a great pick from next Bitcoin having said if you haven't known I'm a big believer in for your cycles Do you know that we're only in the third having essentially the the next having the fourth one as until 2024 somewhere on March Maybe April who knows but we're still sitting at a block ward of 6.25 And you can just see that this will only the fourth one look how far much farther we have to go So if you understand just how early you are and just understand that these we have a lot of room to grow There's a lot of bright side in the markets Let me understand about that in the comment section and lastly just want to finish up to pay attention to the projects That are better regression wise because if you're not growing unfortunately, you were dying and This was a tweet from Eric wall. I follow him. I'm like your eulogy, but he says hey Salana the total value locked up dropped or TVL dropped by 98% and I was like is that true? I don't think that's that can be right. So if I take a look over here This is a defi llama.com link in the description you can find it yourself And this is the total TVL Salana at its peak had roughly 10 billion dollars locked up in Salana And of course everything happened with FTX and things that are going on I mean the whole market is down. We'll take a look in a second, but you can see that it went from 10 billion to emeasley nine 214 million dollars that is 98% roughly now We take a look at on the flip side and just take a look at let's just look at all This is all all the TVL and things that are locked up as far as defi you look at 213 billion dollars of what it was Now we're at 45 billion dollars. That's about an 80% reduction Okay, livable aetherium same type of thing just aetherium itself had around 117 now It's at 26 billion so roughly 80% but we can see here 98% is quite a bit And that's not it. Also, there are some other projects that are jumping ship top salon NFT products find new homes on aetherium and polygon These two projects their NFTs I'm not a big fan of NFTs, but sure projects D gods and youths are moving away from the network both products announced on Twitter on Monday Here essentially is the tweet the gods will officially bridge to aetherium and Q1 the bridges of the destination It's in the path to get there and it's not multi-chain as a lot of people have Say here. Hey, please consider multi-chain To allow one way an FT bridge. They're like, no, we're just going to do away with that So defi said it will bridge over to aetherium in the first career 2023 while youths will move the polygon Also in the upcoming first quarter. I like the the idea of polygon myself Details of visual release when it's ready and tested. This has never been done before at the scale both products We did on Monday. We want to make sure it's airtight Because in youths the two most traded slana NFT collections in the open-sea marketplace be gods floor price through that 790 soul, which is that's a lot 8900 which would have been a heck of a lot more. It's all-time high and then youths is about 215 soul floor price So again, I'm not saying that Solana is dead I'm just saying that just pay attention to the ones that are dying because again, they're not growing and pushing forward What are you doing? That's just where we're at and that's it So look if like this video give it a thumbs up consider subscribing. We will probably do a live stream later day I'm trying to work my way up to doing one recorded video and one live stream a lot of things that are going on here It's gonna keep myself busy and that's what we got. So again like and subscribe. Thank you so much for watching I appreciate it. I'll see you in the next one