 up again and you know now I mean it's always like this with crypto na pag malamig malamig talaga it's like the winter it's like prices are so depressed everybody's like oh it's a scam and things like that don't get into it you're just wasting your money but now when the market heats up again then everybody's like oh you di ka panagi invest to crypto parang sayang opportunity sayang yung time yung time investment sub James from Facebook yung sayang in lost time na you could have been buying before so it's really always like this up and down kind of thing so yun parang roller coaster talaga siya and the roller coaster is back if you take a look at the prices that every crypto watch episode since the start nung january last year Christian Espinoza thanks for joining us from youtube and one of our youtube members thank you also for that if yeah so every since the start of sub marco from youtube since the start of every crypto watch I've been putting the price of bitcoin at the at the time of the episode so last june 2021 when we first started the price of bitcoin was $33,000 $34,000 and the past two episodes they've been like 39 38 so you know it crashed a bit right before it hit a high of around 60 plus then it crashed prices have been depressed for most of the year but if you take a look at january januari's price and it's around there about now so James let me highlight that apparently James is a long time customer na lala isa ako sa bumili nung keycaps mo nung ESG S 2019 thank you we were I that's correct I think that was 2019 kasi we were at ESG S twice 18 and 19 pero sa 19 lang kami may keycaps and then simula pa lang kami sa 18 so we were sharing a space nung 19 we had our own cubicle or we had our own niche talaga and that's also when we had keycaps and that was really nice actually parang naka it was good to meet a lot of people di pa ganun ka sikat yung YouTube channel or yung mga social media presence namin so medyo low key pa na you know it was just nice to talk to people and in di pa ganun ka I mean you know di naman sa nagmamaya bang pero di pa siya ganun ka sikat yung hardware sugar so it was nice like just getting to meet people na no no preconceptions no like oh I know you from whatever YouTube or something na it's just like oh it's a computer shop oh they have nice stuff let's see what they have Saap ase Marie Karl Saap Mike the psycho supersonic disco cat it's unfortunate how let me highlight it because it's unfortunate how it's displayed on screen the disco pussy cat is a new subscriber thanks so much for subscribing please do subscribe because I would like to hit 100k this year within this year I promised our employees that if we hit 100k will hit the beach so that's the goal that we're striving for at the end of hopefully hopefully by the end of 2022 alright so let's start with the news for tonight's episode number one the first bit of news that I'd like to share or that I found interesting about crypto let me just yeah change the thingy the graphic thing but we can pop out like if there are chats that we want to highlight but the first bit of news that we're sharing for today is that apparently nung 2019 may apat na Chinese nationals na nagkidnap nung isa pang Chinese national dito sa atin so the crime the kidnapping occurred in the Philippines nung august 2019 eventually na huli sila nung december let me check my notes nakalagay lang it they were caught in 2019 but the thing that stood out for me was that itong mga kidnappers na to yung ransom gusto nila in bitcoin tapos 3.1 million dollars worth of bitcoin yung hinihi nila at the time so for Chinese kidnapped another Chinese all of it in the Philippines and then they were as ransom it wasn't Philippine peso it wasn't Chinese Yuan it was bitcoin and I guess you know crypto is kind of associated with shady or you may draw criminal activity but this is the first case that I really heard I'm sure there are there have been previous cases not just in the Philippines but elsewhere but this is like the first one that that I can recall that the actual ransom I mean ransomware when somebody takes over a computer system that they have a hospital na malware they're able to take over the network you hear that or pipelines the oil pipelines you hear that quite often that the ransom is being demanded in cryptocurrency because you know it's easier to transfer supposedly it's easier to liquidate things like that but this is the first time like a person kidnapped like an actual physical kidnapping and then sa Pilipinas pa but I'm sure there are many previous cases but this is just the one that stood out for me dun yun quite ang laki nung hinihi nila 3.1 million dollars worth of bitcoin in fairness sa police natin parangs Pilipina sa tayong nakahule because they were here everybody involved victims as well as the perpetrators so yung PNP natin yung nakahule sa kanila there aren't a lot of details because the news article I saw linked to an article from the Chinese web's Chinese Embassy in the Philippines problema yung information na sa Chinese and I don't read Chinese so I was trying to get more details but well all of them were sentenced two of them for life atta and then two of the other kidnappers eight to ten years so the victim I assume was released naman when they got the kidnappers although just interesting from a legal perspective not even a crypto perspective the crime happened here in the Philippines but it appears that they were charged in China kasi yung may pictures of the sentencing and obviously it's not a Philippine courtroom and that's very strange because usually crime is territorial meaning for example dito sa atin bawal yung I mean there are criminal laws against what's an EC criminal law that we well abortion is illegal here so that's a crime but as a filipino citizen if I go somewhere where it's legal for example Singapore some states in the US and I did the crime there in some other territory I'm not criminally liable because usually crime is territorial it depends on the location not on the citizenship of the perpetrators so kung the crime did happen here so dapat tayo nagprosecute tayo nagprosecute and tayo magsasabi I mean our courts would be the ones to say the RTC would be the one to say na guilty or not guilty then Jose Marie Karl has does have a good point in the chat na did our government turn them over to the Chinese government I believe that's what happened but if you're thinking about extradition the crime needs to have been done in the country that's that is requesting extradition so let's say we have a treaty extradition treaty with the US an American violates US law there in the US and then runs to the Philippines we can capture or arrest or detain that person not because he violated a Filipino but because on the strength of the extradition treaty then we send him back to the states where he gets prosecuted and tried pero dito balik ta din nangyari yung crime dito sa atin so I mean I have no idea how Chinese criminal law works but I was surprised na yun na the crime happened here by very basic principles of criminal law dapat dito sila kinasuhan they should have been prosecuted here and jailed here sometimes after a conviction governments do have agreements with other governments na oh you found one of my citizens guilty can we trade or some other arrangement na I'll get my citizen back he'll spend his time in one of our prisons so yun na man siya ipapalaya but at least na dito siya sa home country niya we've done that for several Spanish citizens like they've been found guilty like one was found guilty it was a controversial case a few years back I can't quite in sebuata yung parang may rape slay of some Chinese sisters and then I think one of the convicted one of the convicted persons turned out to be Spanish so eventually he was repatriated to Spain where well obviously the prisons in Spain are much nicer than the prisons here so we do do that but yun na parang weird na just to go back to the kidnapping case the crime happened here in the Philippines I was really surprised to see the sentencing done in a parang the Chinese court found them guilty so they were tried in Chinese court the Chinese court passed sentence so I'm just really kind of surprised to see that pero wala naman kinalaman yun sa crypto other than well yun na parang marami naman crypto is morally neutral it can be used for good, it can be used for bad it's just like money, it's just like fee at money so I mean there is a tendency to think of crypto as being used just for law breakers yung mga drug dealers well apparently now kidnappers there's a really interesting book I'm reading I've just started to read an excerpt so it's not even entire book but basically mga child molesters sorry child pornography and how they traced the bitcoin payment so apparently if you wanted access to that kind of material you sent payment via bitcoin and then the investigators how they backtracked like oh it's o Mr. X nagbayad through bitcoin to gain access to those materials despicable materials so all crypto kasi I mean the common perception is that it's purely anonymous it is you know impossible to track but especially bitcoin na it was one of the first cryptocurrencies some other cryptocurrencies like Monero have a lot have better privacy measures in place now what's the title of the book? let me check hangout lang guys let me pull it up from I saw it in wired actually so if you wanna wired.com is a great source of information for a lot of tech general tech not like specifically PC hardware but general tech it's pretty good I do look at their stuff quite frequently and I saved it to pocket the article another thing that I use quite often pocket the book is Tracers in the Dark The Global Hunt for the Crime Lords of Cryptocurrency oh but it's still coming out available November 15 this year from double day let me just put that in the chat top trend for fun so yun the excerpt that I have just started to read is how they trace the payments for child pornography how they were able to trace the bitcoin payments for that particular illegal material I guess the book just pertain to that but all kinds of all kinds of other illegal activities as well and so that's the first news article of the day Chinese kidnappers in the Philippines charging bitcoin and yes Zedekaya that is a Dyson in the background it's not a strong I mean it's a good engineering but it's not as strong as I would like actually yung mas ginagamit ko yung regular electric fan yun Dyson kasi I don't know baka well mayinit din sa euro pero sa atin ibang kasi kasi yung init and so the engineering is great you know it's bladeless it's fanless it has a built-in air filter and it has actually sensors tell you like the volatile organic compounds in the air and things like that but just in terms of lakas ng hangin it's hard to beat the regular fans alright I need to pay some bills after the ad break I'm busy so I need windows but where can I get windows many options many prices here it's good there's cdkeyovers.com it's easy to order search for the software you need add to cart because they have payment options there's no 5 minutes finished working cdkey ka na para sa windows mo gamitin lang awing ko para makakuhapan ng discounts kaya kung nagahalap ka ng legit mura at original software check out cdkeyovers.com alright on to the second bit of news and this struck a lot of people maramin na tako dito especially sa atin since a lot of people play aksi not just for recreation but really for work so it's actually hindi akirat na sabihin na nahak yung aksi aksi the game is fine but the hack actually happened in the Ronin network basically aksi is produced by skymaven that also developed and takes care of the Ronin network ano ba yung connection ng Ronin network kaya aksi aksi has a bunch of its own crypto stuff so you have SLP which is a form of in-game item for real world money for fiat money hos na marika we'll get into how it occurred although there are gaps in the details that I know so I only know the basic sketch I'm not entirely sure how they were able to basically just a 51% hack sub Kaiser I'm not entirely sure how they talk about it but to answer the question I'm not sure if it was a social hack or exactly how they got in but we'll talk about it so di naman na hack yung aksi but aksi as a game has a bunch of stuff like the aksis themselves the monsters that you use to play against other monsters and level up you have SLP you have the eggs I think can also be bartered and traded so you have a lot of items in the game but to actually exchange for cryptocurrency you need the ronin network which is the bridge basically what happens is na when you want to buy something inside aksi you need to trade it for wealth which is the wrapped ethereum you give your ethereum or some other crypto to the ronin network and then the ronin network issues you one wealth so parang palita niyan it's just a smart contract you give eth to the ronin network the ronin network gives you wealth intern that wealth that wrapped ethereum can be traded for other things in aksi it works the same way also if you want to bring out your items or realize the value of your items in aksi you need to go through the ronin network and then the ronin network will issue you ethereum or some other cryptocurrency yung nangyari doon sa ethereum na yon so kung baka again most of this information i got from a blog post which i'll mention actually here i'll put it in chat this is a good write up of everything good explanation even for non-technical users very interesting parang siang casino that's a good analogy for it an analogy i got from that blog post in fairness to molly white when you want to gamble at aksino di ka pwede magdala ng pera di ka babagsak ng 1000 or take your piso mo tatapod mo sa all-in mo tapos yung piso-piso mo you get chips so you can play at aksino ganoon din yung that's the way aksi infinity works the real money is exchanged with aksino so that would be ethereum with the ronin network and then the casino issues you chips with the wrapped ethereum the wealth that the ronin network issues pero yung actual money nakalak doon sa kasino yung pesos naminigay mo sa casino and yung same thing with the ronin network the actual ethereum is with ronin kasi kailangan nila yun kung magkakasha altaman yung mga tao again just like the casino when you're done playing hopefully you have more chips than when you started you will trade that for real money so they need real money the casino needs real money or in this case the ronin network needs ethereum para to pay for the cash outs of people and that also answers the question saan ba na po na ethereum na yun kasi hindi naman yung mga duplicate it's just like money na if you give one ethereum to the ronin network hindi yung mga wawala sa ethereum blockchain nakastationari lang yun unspent sa ronin network so that's basically how the bridges work and the ronin network is the bridge for aksi infinity it's also developed by sky may vend the developer and publisher of aksi so wala naman nangyari sa aksi so it's not really correct or precise to say na si aksi yun na hack yun na hack si ronin network apparently the ronin network only uses nine validators basically nine miners that's all you do that's all you do when you mine you're verifying the accuracy of the transactions on the network it's like a private thing it's just used for the aksi infinity transactions it only had nine validators compared to other cryptocurrencies how many miners you have each miner roughly for most cryptocurrencies is a validator that's the work that you do for the crypto that you're working for helping validate transactions but it's been some smart people did the math I forget when I first learned about the 51% attack but some smart people did the math and this is true for most cryptocurrencies including bitcoin I first heard about the 51% attack on bitcoin basically if you're able to control 51% of the miners you can spoof or you can fake transactions on the blockchain that's true of bitcoin and so that's why people were worried before naandaming miners sa china so if all of those miners in china got together and they were able to get they represented fake transactions let's say hardware sugar, access bitcoin let's say may magpadala ng bitcoin sa amin tapos dala ba sa blockchain okay napadala naman na sa wallet ko and then hindi pala tuto o mas just spoofed by a 51% attack and that's basically what happened to the Roni network the hackers were able to subvert or control five out of the nine so four of the validators were able to run by skymaven and then one was by the aksidao the autonomous organization I'm not exactly I think aksidao is the one that runs the aksi currency I'm not too sure but they were able to skymaven not skymaven skymaven sounds better anyway skymaven thank you Zedekaya so five out of nine validators the hackers were able to subvert or control or gain access to to answer Jose Mario Carlos question I do not actually know how they were able to gain access to the five validators but they got access to the five out of nine more than 50% so they were able to enact a 51% attack and so they started withdrawing transaction started withdrawing from the from the Ronin network and it got so bad I mean the bulk of it was F and the bulk of it was UFDC I think but the total amount lost was around 620 north or above 620 million I mean can you imagine 620 million and then sky is is currently valued at around 1.3 billion at that based on its latest funding round so if they had to make up for that loss like that's half of the company's valuation right there we'll talk a little bit about the economics of that but just say hi to DAGS sup DAGS a skill share class about crypto to be honest I don't think it would be very good I'm sure a lot more there are a bunch of other people I'm sure out there that could explain crypto in much better detail I only followed as a trader now before I used to mine I'm also not very well versed to be honest in the very new currencies because there are always some new ones popping up and I can't keep track of everything anymore one YouTube channel I really like which I'll recommend and I was watching these guys when they were very young not too many subscribers but right now they have 721,000 subscribers so a lot more a lot more than hardware sugar I remember when I started watching them around 30k but yeah this is a very good channel this is a very good channel see whiteboard crypto if you're looking to bone up on basic crypto knowledge as well as specific crypto currencies what's a big deal with f2.0 upgrade and things like that so yeah there are a bunch of other people other channels that could probably explain it a lot better than me so to go back to the hack they spoofed withdrawals na hindi basically yeah they faked withdrawals to the tune of around 625 million dollars although not a lot of it has been moved out of the wallet which is uncommon though since usually you want to disperse that as much as possible so I'm a little curious also like see na yung mga hackers behind this hack although it took a week before skymavis sure dogs it took for a week before around roughly a week before skymavis realized na may problema so can you imagine like your company is being millions of dollars literally are being siphoned from your company it reaches 625 million and you only find out a week later and while I was doing research for this stream apparently the day that the news broke out may malaking aksi conference at states so or there was a big crypto conference with the founder or the CEO of skymavis being invited as the keynote speaker so imagine less than 12 hours ago you heard that your company was hacked out of more than more than half a billion and then you have to go up on stage and you have to announce to the world that this happened so the problem now is from an economics perspective is na and then this is kind of ironic considering cryptocurrency but the value of the aksi stuff is founded the value of the stuff in aksi is well you know all all currencies whether crypto or not a lot of their value derives from trust you trust that in a fiat currency you trust that the government backing that currency will ensure its value so before this was achieved by meeting the gold standard so you could exchange X amounts of pounds pounds sterling for X amounts of gold or something like that now with the modern exchange rates there is still that's printed on every piece of legal tender on every piece of coin on every piece of bill na the government of so and so guarantees this bill same thing with crypto it's based on trust if you think bitcoin will tank tomorrow then you wouldn't buy it and correspondingly if a lot of people thought that the value would plummet same thing with aksi now kasi kulan na yung ethereum to back up the assets in aksi kasi napalitan ngayon again let's go back to the casino when you're playing in the casino you know that if you win enough you know that regardless of how many chips you win when it's time to cash out the casino will give you money ang problema ngayon wala na nga money ronin bridge sorry there is money it was siphoned out so hypothetically if enough people suddenly started cashing out their aksi assets demanding that you know exchanging them for ethereum yun it will be like a bank run and then yun hindi na makover unless the company itself will pay for the loss the company will back um anybody who wants to exchange their aksi asset can do so so kami na mag intercalo kami na magabon sa ronin bridge kasi yun nga kulang na yung fund sa ronin bridge if a majority of aksi users suddenly like oh i'm going to sell my thing and oh i want it in cash out of aksi via ronin bridge and i mentioned a while ago it was kind of ironic because that's the one thing that people say is good about crypto is that you're not beholden to sovereign governments you're not beholden to central banks but in this case because aksi had to tie into the greater ethereum network and so they needed that ronin network to act as the bridge the value of the aksi assets rested somewhat or a large part in the fact that yes it is tradeable and it's tradeable kasi may sufficient funds locked away doon sa ronin bridge and tama nga naman kasi if you want to buy into aksi buy aksi assets you need to exchange your ethereum to west or wrapped ethereum via the ronin bridge doon mayipon yung ethereum sa ronin bridge and problem nga na hack nga sila dami na tagal na ethereum and so there isn't enough ethereum now in the ronin network to well i don't know the exact specifics but definitely the reserve has dwindled significantly since because of the hack let's take some questions is this the downfall of aksi um it's hard for me to speculate definitely because i'm so well funded ni sky mayvis i mean there if you look at the people who gave the money that is quite an impressive list of vcs or venture capitalists so feeling ko if they had to make up the money from their own funds they could probably have a sufficient funding round to do that so exactly what roberto is saying let me pull up roberto's comment in essence yes they are too big to fail in the sense that they're so well connected and the well connected people have put in money already into them although this is a logical policy but a lot of the vcs once they've committed to a company they'll usually give you more money if you if you need to it's kind of like we work we work was spectacularly dumb personally for me i didn't think the business i've kind of brought this up in previous streams as well as to the various people i talked to even before we were collapsed i can't imagine why this business model would work and yet many investors softbank et cetera uber doesn't make money as a company and yet it's so well funded they can just keep raising and raising money that's why at one point they got into they started investing and hiring to make flying cars for taxis and things like that so kind of tech parang once you get the right people behind you it is quite hard of course we were collapsed eventually uber has not even though it doesn't make money so to go back to the original question will this be enough to pull down aksi personally i don't think so although it is good to note that number of players was already dropping when this happened although aksi origins is supposed to come out and that will to be honest i don't play a lot i only tried it when it became uso or it was starting to gain popularity last year but i haven't touched it since then but aksi origins i don't know if it's backwards compatible with aksi infinity maybe because it's supposed to be able to get skins for the aksi of course the skins are like nft so they're also an asset that you can sell or trade this does answer dax's question have i tried it i did when the video is on the channel i think maybe june last year or just right before it started hitting critical mass and everybody started talking about aksi and stuff like that although you know it had already been trending for quite a while in the more not mainstream yet but people had been talking about it already by the time that i tried it out so ayon do i think it will collapse because of this no but you know how many kind of body blows like that can a company take especially if their product i mean it's not a fun game i think that's why a lot of people get annoyed gamers like you know the hardcore quote unquote gamers get annoyed with nfts and get annoyed with games like aksi infinity because it's really well for me to be honest i didn't find the game play mechanic fun so that's why i didn't really continue playing the game it's very it becomes very repetitive the strategic nuances were kind of lost on me although baka i'm not really the target audience like i also didn't play pokemon and things like that so it'll probably keep going i don't think personal opinion like i could be dead wrong i've been dead wrong about many things including the prices of cryptocurrency and whether you should whether you should buy or not which is a constant joke that that some of the regular you know like i'm like bye bye bye bye bye and then it's and then the price crashes some more but like if i if like you put a gun to my head and i would have to give an opinion i i think aksi will probably plod along like this isn't the death kneel yet but definitely a very significant body blow to the company and to the game Roberto had a answer to my to my lack of knowledge earlier about origin so it'll run side by side aksi infinity will but will slowly migrate and the current version will be dropped so it is kind of backward compatible until they get everybody on board and then they'll drop the old one kind of makes sense because a lot of the axes are valuable now in the sense na they're super leveled up and they have a lot of abilities and then you can mate them and just like that actually because you aksi infinity concept sounds good to me like so you have the you have the hook of like a pokemon kind of system where you become very attached to the characters or the or your avatars basically the pokemons or the axes are your animals your they are you they are your avatar in the game they they battle for you so as a concept it sounds very interesting then you can mate the best ones come up with different abilities and so they'll be axes that have abilities that are uncommon and that are rare and things like that so you know that that sounded fun to me I was on board with that concept but the actual gameplay seems very rinse and repeat it's not very and like there's no story even like what is going on why are I mean the pokemon had a scaffolding of a story and it's a very famous thing that you know there was like a war in the early pokemon universe but nobody kind of talks about it but you know there is a story and again I'm not a big pokemon fan so apologies to the once more knowledgeable in pokemon than me but there is a story there is a scaffolding there is a reason why you know you want to be as the song goes you want to be the very best to train them is my cause pokemon so there's a reason why the pokemon are battling it out why pikachu is important to ash and things like that why trainers are important their place in the pokemon universe but in axe infinity paran there is no story or at least there wasn't when I was playing or there wasn't any discernible one so personally the lack of narrative was like okay ractress assess na sa origins may story mode na din um well there you go maybe I will pick up axey again when origins releases um I guess that's why they named it axey origins kasi pinapalihwanag nilasan batogaling and things like that pero di ba dapat may kwento na yun when they released it I mean all these games these days parang at release pag beta pa lang and things like that it's not ready yet anyway kind of annoying although yun nga I guess I'm not really the target audience for games like that but who is the target audience um like it has it just become work di ba parang ganon this is a question we get asked somewhat regularly on the different streams okay pabusa yun na mayroon mo um it is a compliment thank you for asking I mean the assumption of the question is that hardware sugar is well known enough and you know has a good enough reputation that people would want to franchise it um to be honest to be honest that's an interesting just from a retail perspective I am not familiar with retail as franchise obviously fast food is where you would find most of the franchises di ba logistics even like each country may seriling um fedex like the fedex here is run by a franchise parang ganon but like for actual retail products like Nike doesn't franchise di ba that's the wrong analogy um like a supermarket you don't see landmark supermarket franchising it's always tinata yung landmark sila talaga may doon so I've never seen a retail I've never seen a retail store talaga na franchise but so you have the novelty of the economic situation going up against you but let's say assuming like we could work out the details like hardware sugar main would provide the hardware kong baga um let's say we wanted somebody in sebu was like hey you know I want to franchise hardware sugar so would we dictate the prices just like jollybee dictates prices na all prices are equal are the same regardless of what jollybee you go to we would provide the parts and things like that the branding and then how would the profit sharing be um yeah so there are a lot of questions to answer before you actually reach that point um but just to give a short answer maybe not kasi to be honest medyo baby ko and I think all of the people who work at hardware sugar feel a sense of ownership or in the sense na parang baby namin to na you know we started out very small if you watch some of the videos on the channel our first store was like a hole in the wall like I could stretch my arms literally from side to side and I would hit the walls ganun kala it yung first space namin um ngayon it slowly over the years like we're on our third year um mataw fourth actually this year um so we've moved three times our current space is the third space and it's the largest one yet so we all feel kind of a sense of ownership over the shop, same with the youtube channel I mean you know I was way before we had this number of subscribers Pushing out content and like I was to remember being super happy when we first reached 1,000 subs kasi sofron tagal It took us quite a while to reach 1,000 subs and you know I would push out a video and some computer hardware and would get like 50 views and stuff like that So it's like a very slowly rotating snowball that's getting bigger and bigger but very very slowly But I might be hesitant to franchise kasi when you franchise you kind of lose ownership a little bit Not in the stock and shares kind of sense but in the fact na paro yung yung baby mayan and then when you franchise you kind of have to share your baby with others So I don't know about and I'd also be worried about maintaining the quality We're very particular about no BS warranty if you go to our shop with entertain you it's a very different kind of PC shop where everything is open You can see people the builds are actually in real time you can go and watch nothing is behind glass so it's a very open PC boutique shop And if we franchise like I'd have to worry about training people na to have that particular kind of customer service mindset Yung medyo anti Gilmore yung opposite yung Gilmore na sobrang pahirapan and sobrang stress So short answer may be not but I'm always open naman to everything Ah the dog I heard a noise behind me and it was the there you can just see Logan in the background Ay the dog Just go to the questions Roberto we do build PCs for customers for a full service PC shop We also offer cleaning, cable management, GPU repasting Yung and we do target the performance or enthusiast level so mostly our stocks are usually a bit high end I have no idea Marsilino from YouTube I don't think they will be re-stalking to be honest because it's naka 6000 series na si AMD and then the 7000 The next gen is supposed to come out soon. I don't know if they'll be calling it 7000 also That's a good point. We have to think about the economics of the franchising like how it would go But nobody naman na seriously approaches yet to franchise so it's just like speculation at this point Do I do NFT trading? I do not because I do not feel I know enough to properly buy NFTs Ano ba yung okay? Anong prices yung okay? I do not have personally I feel like I would lose money Yung crypto kasi at least I've been doing it for a long time When prices dropped as na iwan ako you know when you buy something at 100 and you think that's a good price As bumaksaksya to 80 so na iwan. I mean that's my term na iwan ka doon Kasi if you sell now you're selling at a 20% loss So I know enough about crypto I've been in it long enough that I'm confident enough na shit don't panic Ya 20% loss. Oh that's nothing come back next month and we'll see how you're doing The the the currencies I buy I'm confident excuse me guys I'm confident enough that yes over time I'll just take them okay lang na ba ba yung value Over time ba balik naman yung value so I do have that degree of confidence At least in crypto but I don't have that when it comes to NFT I think I would lose money and so I have I am not involved in NFT trading I do try to keep up just like ano ba yung uso what is an NFT How is it being traded and things like that But we I personally don't trade in NFTs Friends about cyber security I do not Pero um I don't we do not although we did have a video Very recently interviewing the CEO of a cyber security company And you can check that out in the list of live streams we did So next bit of news local naman tayo You can now so apparently pay through pay maya you can now buy crypto So directly um so this is a apparently pay maya has thirty eight million users In the Philippines masikat kasi si G cash pero Thirty eight million users is nothing to scoff at And yun it's just like Yeah, if you have ten pesos and you want to buy the equivalent value In ethereum or in Bitcoin or whatever I'm actually not sure Currencies they have available madali na lang to exchange So parang palita na talaga parang exchange na talaga Noteworthy kasi it's another indication that crypto is becoming mainstream in the Philippines Although a lot of people naman here have heard about crypto I did see a survey though that we're not in the top ten list of countries or even top twenty In terms of citizens who have At least bought one coin or engaged in one crypto transaction Indonesia actually is quite high with forty one percent of those surveyed Saying that they had done at least one crypto transaction The U.S. is not in the top ten countries Singapore is also quite high I think with thirty percent of the population Actually mean na magaday survey like the people they surveyed are indicative of the entire population of the country Indonesia is quite high forty one percent I think Singapore was at thirty percent Brazil matas din yung Penetration of cryptocurrency or the number or percentage of the population Who has Transacted at least once in crypto Tayo wala pa tayo do na Okay, I gotta drink some water first Yeah, if you guys, the camera is not focusing properly But this is the ROG mug that came with the The ROG mug that came when they had a collaboration with Gundam I was informed by one of the comments before that it's not Gundam it's Gundam Pardon Gundam. Yeah, so dum not damn Gundam I think this is early last year So Asus was kind enough to send us a tumbler And if you go to the shop, we still have the box in the shop And apparently it's a very well requested like Uy onsail ba to Like when they see the box for this particular guy Unfortunately Asus does not sell this kind of swag I've asked them already like I've asked my contact at Asus na oh, you know the shirts are popular About the tumbler We get a lot of We get a lot of requests for the tumbler But Asus says that they just really Make them for promotional purposes. They don't sell them talaga So Yon And finally the We'll get to the comments guys but Finally for the fourth bit of news Apparently the new CEO of coins.ph Who I do trade with like for I mean I do use it to trade Locally Just a disclaimer Is the XCFO of Binance or Binance I think the kids say Binance but I like saying Binance for some reason Which is kind of a big deal right? I mean Binance is a very well known crypto company A lot of Filipinos are like Especially the ones new to the crypto space Because apparently you can use credit cards to buy crypto using Binance I do not use Binance For most of my transactions I use Kraken So I've talked about in previous streams how You can use local exchanges like coins.ph Or coins pro, get on coins pro like Exchange rates are better Coins pro Which is just coins.ph Just a different platform So coins pro, PDAX There's another local exchange that I use I forgot but basically PDAX and coins.ph And then But a lot like 98% of my trading is on Kraken I've talked about it before For a foreign exchange Over the local exchanges And Kraken really is I've used it for years So I'm accustomed to the UI Plus They're very security oriented And I like it na sikat sila but not so sikat Kasi kung sobrang sikat ka parang natatarget kayo di ba So Kraken is just For me it's the sweet spot that I know they're a super legitimate company You know that they care about what they're doing They care about security But at the same time they're not like coin based level Binance level That They become the top of mind target For hacks like that and things like that Yes So apparently the new CEO Although if you google, I got this bit of news from Bitpinas B-I-T-P-I-N-A-S Crypto news or crypto enthusiast Organization That the ex-CEO Of Binance would be taking over A CEO of Coins.ph But if you look up If you look up Who the CEO of Coins.ph is It's still the previous one Ron Hood I think his name is, let me check Sorry, Ron Hose Is still CEO But Bitpinas Claims that they've interviewed Wei Zhou Who is the incoming CEO And the interview will be up on April 12 So Parang daway Bitpinas stocks Bitpinas stocks I mean, siguradong siguradong yan Sa Plea Magnae Sa Prevenjan Although all the usual names Coming out Daway daway Bitpinas stocks Parang kalam mo Parang it's still Ron Hose So I'm not really sure But Bitpinas seems quite sure That Wei Zhou is taking over Excuse me guys, got a bit of a cuff So I am Of course in the COVID days Oh my God, it's a cuff I did actually take an antigen test The way I feel, I'm pretty sure This isn't COVID It is annoying Actually pa, galing nga ako The past two days were a bit worse In terms of the cuff Sa John Rubinocha Yeah, the past two days were a little bit worse With the cuff So pa galing na yung cuff na to Yung obo Tingkong di naman COVID But I do miss the days When you know you get a cuff Or you get a tickle in your nose It was just like, oh well It's just like whatever But now, the first thing you think of is Oh shoot, is it COVID? Sobrang hassle But, well Okay, let me go That was the last bit of news I did tell the sponsor too That I would play the ad twice So I'll catch you after the ad break I'll go through all of the chats Gusto ay di kalam na windows Pero saan ko huwan ng legit windows Dami prices Aka nito Gudi na lang, may cdkeyovers.co Wadalilo ang order Search for the software you need Add to cart Daan ka sa payment option nila Wala pag 5 minutes Finished May legit, working cdk na Para sa windows mo Gamitin lang aning code para makakuhapan ng discounts Kaya kung nagahalap ka ng legit Mora Original software Check it out, cdkeyovers.co Hindi ang magnaya, I know, right? But the inside talaga na segue Yung pwede magtanong last time Like I was right there na And then so I realized, oh, takah, tamag segue pala But still not as smooth as Linus We gotta work on that Roberto commenting na Ya, 40% Portfolio in a few days, this is fine Referring to my earlier comment na You can really take a lot of hits When you're trading in cryptocurrencies And if you've been doing it for long enough Medyo, relax lang Yung tatas din yan Kaiser, same with GCash I think the earlier news article na Paymaya Would be accepting I've been hearing rumors that GCash Is supposed to start Accepting Exchange of pesos For crypto, but I haven't Seen any official word From them talaga So I'm kind of curious actually Osa Mari Carl, the Paymaya is currently down Well This was actually They're in partnership with Coinbase So they're able to That's where the, I assume That's where the crypto comes from The eth or the bitcoin that you buy I'm a little worry though Of these very retail or very mainstream apps Dealing in cryptocurrencies You're not sure if the infrastructure Is in place and the exchange rate Is not so good Which is why I prefer Very specialized exchanges like Kraken Abroad Pang mom in pop kasi yung Paymaya Yung GCash and nothing wrong with that The larger the investor base Is, the better for everybody But if you are technically Advanced enough that You don't need to rely on Paymaya Some other entry level kind of financial app It would be better for you In the long run to Heck, I don't even like using I don't even use Binance for god's sake So Binance Binance, so I'm worried of these kind of things Well, not surprised it's down So how do you manage to stay ahead When it comes to investments and following trends You got involved with Airbnb crypto before they blew up Thank you for For For knowing I'm surprised that you That we had an Airbnb Although we do have a video on the channel Like two videos on the channel Explaining our previous business Which was Airbnb rentals So ayun, just a very brief description Parang we were one of the very earliest In the Philippines and really expanded Like we got different apartments In Makati, we renovated them On our own, we Airbnb'd them And if you still The account now, we've closed it Because of, well, we've paused it Because there wasn't a lot of travel going on Because of COVID But I believe it is one of the oldest And most highly rated Philippine Airbnb accounts Like no joke We were there early and we really Put a lot of work into that business The crypto, I've been doing it since I've been Not doing it but I've Been fascinated By it and I've I first heard about it when Bitcoin Was still in single digits. I would never In a million years have thought it would Hit $10,000 let alone $68,000 or whatever the all time High was When I entered or when I first heard about crypto, you could Still do CPU mining Which is wild if you think about it Kasi nag-graduate na yung Bitcoin From CPU mining to GPU mining Now to ASIC mining Which are specialized chips That you need to That you use to mine But when I heard about it Ongoing na yung trend Towards GPU mining but it was still Possible to do CPU mining At a Sustainable rate at that time Just to answer the question I like reading a lot because Especially about tech so You read about trends Abroad and eventually They will reach the Philippines If you just keep reading about tech You'll be ahead of the curve And you might want to Speculate here in the Philippines Following those trends Kasi it's Both of those things were Hindi naman low risk but You can start out with just a small Investment I could just download the program And start running it to start mining Which I did And You pay for the electricity bills Which are actually quite high Even then If you just wanted to try Kaya naman same with the apartment My family had a two bedroom apartment That nobody was using We fixed it up and that's what we Used as the first of our Airbnb's we called it alcoves Alcoves 1 A1 So I guess just two things really Like reading so that you Learn about the trends going on Outside of the country and number two Like experimenting Take a risk take a leap of faith Just Say heck with it and I'll try it out And let's see where it goes Just be willing to experiment Which is also kind of Hardware sugar Sorry my ear is itchy I mean retail Is a very punishing business And it's very brick and mortar It's very set there are a lot of entrenched Players it's hard to disrupt But That served us well The kind of ethos na Just try just do it and let's see And see how it goes I do actually have some money In Solana Was recommended to me by a good friend Ergobert Who is quite into GPU mining ah sorry into trading Into crypto trading nowadays Tech question naman Do I really have to open my laptop to see if my 2.5 HDD can be replaced with SSD Well No For the most part If you're replacing a 2.5 inch hard drive With a SATA SSD So that's 2.5 inches I would imagine The It's basically the same I think the advice just comes from the fact that Sometimes laptop manufacturers Don't think that the customer will be poking Around in there so they might have made it quite difficult To access The area that you need to Open up and remove the HDD And stick in the SATA SSD So You know checking it Is just good advice to see just how difficult Is the Replacement It's not like a desktop where It's expected That you can swap in and out parts So I think that's just where the advice comes from And Kung nainis ka Kung nainis ka thinking na hassle to open up the Laptop Mas lalo pang Mayinis ka if you open it up So baka hirap pala to get the hard drive out And the SSD in I would open it up Just I can probably fit Pero it's like any operation You want to know what you're getting into Beforehand Roberto The video thing Was that the one na ano Ah yes yes And then video was kind of blaming it on An old Some old module in their site Or something like that Had Interesting Externation on bakit Hindi pa Officially CEO C Wei Zhou What's the name of the Yes Wei Zhou Apparently naipit yung turning over nila There were some revisions brought up in the senate regarding crypto last week Is this Are we talking about the new CEO Of Coins Kasi Know that there was a senate hearing On that Or on crypto in general And why would the senate be Involved in the Choosing of the executive of a private company Or baka na man They asked something from coins and there was so much work going on That they just couldn't turn over right away Our transition To the new CEO But if you have more information Please do share in the chat Good advice always from Roberto Only invest what you can afford to lose Ha Damn li yung pagnay e Krab e That is a very old video ha Yeah this So this goes back to the Airbnb days We were Visible enough At a certain point because of our Airbnb Because of Alcoves na We went on a cable show called Shop Talk It was on ANC and It was actually pretty fun. That was the most Mainstream I mean you know now the channel is 83,000 Subscribers When you post a video Depending on what you post It can get like tens, thousands of views But at the time When we got invited to do ANC That was pretty much like the most mainstream we've Ever Like oh my God We're going to be on TV So yeah we went on ANC Shop Talk And then We talked about like Our philosophy On our Airbnb's Like how we treat guests How we make sure they're welcome Both my brother Was also my business partner there As well as here on Hardware Sugar So Yeah so we talked about it quite a bit Um We do have two videos On the Hardware Sugar channel Giving tips on If you want to set up an Airbnb Although now might up y a good time Because the travel hasn't really recovered yet But the tips are still Very valuable, still good Even now And just like in Hardware Sugar We wanted to innovate I think we were one of the first If not the first Airbnb in the country To do all of this independently Before even those abroad were doing it Um The first to have keypad locks So you didn't need to give the guests Individual keys As long as they had the code They get into the apartment Sound super simple but again We were the only ones doing it At first and then I think even the majority of Airbnb's Now in the Philippines don't do that And yet super simple More info from Chorus They couldn't turn over because the new revisions They want to implement in terms of BIR and taxing They are trying to control the owning Ah yes The BIR has gotten involved Ah so hindi siya public hearing I mean not Chorus is saying He'll ask for the transcript kung puwede Please do, like I'd be curious I do try to keep up with the crypto scene Both local and abroad I had to send it to hardwreshsugar At gmail.com I'd be curious to read it Kung hindi check low session na It is true that the BIR is trying to crack down On Taxing Income From crypto investments In particular coins.com I've been hearing a lot of feedback I don't trade a lot on coins Like you kind of need to declare So it's not as frictionless And hassle free as before Some of our other customers Actually Get their ethereum They mine ethereum And then they sell it locally Through coins.ph Pero medyo na hassle nga sila ngayon That is in line with The strengthening of the regulations And things like that I do miss the days when crypto was super And people would look at you Anihan Parang it sounds so shady I remember telling my own friends About crypto Before it was mainstream And they were all good friends So they didn't tell me Are you crazy or what kind of stupid shit Are you getting yourself into But But yeah If it was at that Before back in the day At Wild Wild West It didn't compute I'm just going to run a program On my computer that uses my GPU And it's going to earn me money But it's not real money It's digital money, cryptocurrency That can be exchanged For real money But abroad So it's really kind of An interesting experiment I just thought it was really cool That I could run something on my computer It was Bitcoin It was Ethereum But essentially they were digital credits That back then You needed to exchange in a local In a foreign exchange That would wire you the money It was not as It was very risky Risky business I lost some money on Monk Gox One of the earliest exchanges Based in Japan But Monk Gox got hacked All of their servers got dissipated And they went bankrupt So I lost all of the money I had with them So Wild Wild West na nga And that's why I'm comfortable In the crypto space Because I've made money I've seen it go super high I've seen it go super low And I don't have that level of experience In NFTs So to go back to the previous question Why I'm not into NFTs It's more interesting news from Nocturys You have to declare the incoming and not going address Oh man, that's That's really badui That's That's such a downer It makes it It's a lot more hassle now To cash out Your crypto investment I haven't used coins.ph in a while I guess I'll have to Look into that Castro One of our Favorite customers Because his build was really wild We had a fun time We had a stressful time Not going to lie Our technicians did anyway Getting Aldesis rig set up But it was a very nice rig And we count ourselves Fortunate and honored To have been able to Work on Aldesis rig But I don't know We shouldn't be whatsapp internet Or some other random things that we say But Yes guys the limit We'll come up with something After we finish the last batch Alright So about an hour plus Good stream Thank you so much for joining me guys Have a good weekend Tomorrow is a holiday But Hardware Sugar will be open Liam Agnaya has a question Will you make more YouTube shorts We are contractually obliged To our sponsor to make at least Two a month So we will do make two a month Because As long as the sponsor wants us to To be honest I both like and hate shorts Like them because For me they're kind of creative Way to Show a different side of Hardware Sugar The more like Behind the scenes kind of thing So you'll see some of the earlier Shorts were like Oh I'm here at the ASUS office And things like that But I kind of hate them also Because I put a lot of time 90% of the shorts I'm the one who edits And like the one from two shorts ago That one where there was a customer That asked me like 70 Or so gosh darn question And like He was relentless man Kung parang MMA fight yan Parang binobog ka ng binobog-bog Nong tanong Nag-grabit talaga yun Like oh my god And he would say Excuse me He would say last question na Last question And di pa la last question So I really put a lot of time To editing that video And that short And it only got like I think it's at 1,900 views So parang was a bit dismayed That it got You know relatively okay But not really that great So short answer Yes, we will make at least two A month As long as the sponsor wants us to Maybe not more than that Because also to be honest Like I'm kind of usually Like I have a long list of YouTube topics To make videos out of That one dami pa But yung shorts Because the format Na less than one minute I haven't cracked it yet Like I can't Like I don't know what would Make a good shorts video Like that would get a lot of views So I'm kind of annoyed By that to be honest Okay stop Stop you know every enthusiast Thank you for the super sticker I don't know if you know But we were actually together On the ASUS tour Sir ASUS invited Some of the local YouTube channels To the IKEA opening Because there's a collab At IKEA and ROG So Pinoy Reg Enthusiast Was actually there And he's much more Of a professional Than hardware sugar So actually I'm just watching His blog Because actually he had somebody With him to actually shoot And he had like a wireless mic And he was narrating And things like that And me and my brother We were just clowning around Like we were like Oh look at this And our video came out Like weeks later Although we did make a short Like I made a short about that And Rafael my brother Had like a full video Like on what we saw in IKEA But it came out like weeks later See PRE See Pinoy Reg Enthusiast Came out with a video Much faster than us So consummate professional But yeah I'll say hi Next time we're at At the same event together Thank you also For being a YouTube member I saw the list Christian Gonzalez We do not But maybe we should Because we do get a lot Of customers na Because in default namin Win 10 pro We don't recommend Updating it to win 11 If you've been following Pwede magtanong Our tech show You know that Although because we were Kind of bashing Rocky the programmer For recommending it Anyway it's kind of like An inside joke But we don't Install win 11 as default And we get A fair amount of people Asking na oh but Hindi win 11 compatible When all they need to do Is Change the TPM setting In the bios So maybe we should Have a video on that Nakchores All of our GPU stock And actually all of our stock Are on our website So just check it out HwSugar.ph Kaiser Yeah parang I think both long And short have their place But short kasi And the way YouTube is packaging it now Para talagang pang Tiktok The tiktok competitor So yung bang Very dancing Heck I can't dance You don't want to see that also So Eranong kailaman nung sa tech di ba So Yeah I feel like They're pushing shorts To do that But I can't do that Although like Mr. Yester Or Mr. Yester On He has a YouTube channel He's based in the States But he does shorts That get a lot of views And then they're like Gonzo It's not in a bad way I'm not bashing his channel I actually find it quite entertaining But They're very Yung tipong Can an ice cube Cool a CPU Parang ganyan Is that An actual video Or Like an actual video Is na I buried the CPU For Three months And then so he digs it up again Then he sees if it works Parang ganyan Or what happens If I unplug a GPU While the PC is running Parang ganyan But his shorts Are very very very popular And so They're tech related Naman Actually they're very specific To computer hardware But like I don't know if Like we're super Query put in the shop I don't want to wreck my CPU Cause like Can an ice cube Tingko ako lang nakaisip Nang topic na tu Can an ice cube Cool a CPU cooler Cause obviously parang Wouldn't that short Everything out So maybe he didn't do that But yeah Cable management We do have a video About that Short answer Just hide Everything in the back I mean that's Essentially what cable Management is okay You just want The various cables sticking out So when you look At your side panel So bro neat Konting-konting lang talaga You got the 24 pin Going to the motherboard You got your GPU Power cables And things like that So the very very minimum Of the cables sticking out And everything else You hide in the back That's pretty much Pretty much that Thank you Nakchoris Or the added info I found it very interesting Yes Sana ma Sana ma talo yung ESGS Or some other event That we can all get together soon Actually gusong kumakolab With local tech YouTubers I thought to throw Something together Cause Mr. Birmor Occasionally pops up In on the livestreams And things like that So he sounds like a nice guy Parang I think a bunch of us Can get together And have some kind of Unified content Like a contest Or something But yeah We'll see Ayon, so thanks so much For watching guys Stay safe We do have a video Dropping at 12.01 am Tonight Today Tomorrow So 12.01 Like in An hour plus or so If I'm still awake That It's a review of two Deep cool cases The CK500 And the CK560 Both very good cases Very easy for beginners To work in So that is dropping Saturday And What other content Is coming up soon Actually next week We have a very different video I'm kind of scared On its reception Cause it's not directly Related to PC hardware And it's kind of On a controversial topic So I'm a little Excited Excited to see Like how people will Will react to it Although the YouTube members Will be getting A very brief Preview of it Soon I'll upload it to the As members only All right GC Pinoy rig for collabs So ngayon Thanks so much for watching guys Stay safe Have a good night And have a good weekend Oh hardware sugar Sorry last nalang I'm like that Idiot Sorry I'm like that super annoying Inquiry That's like 70 questions And last nalang noon last But anyway Really the last bit of info Tomorrow is a holiday But hardware sugar Will be open But we will be closed Thursday, Friday, Saturday, Sunday Of holy week But I will be at the store Thursday Just by myself The store will be open Because I will be making My new rig Yes, cross our fingers All right Bye guys