 Great. Well, I mentioned last set news taking the top stories in crypto and a big amount of bite-sized pieces. So today, just like the thumbnail suggests, there is a pretty big announcement happening in about three hours or so from the Federal Reserve. We're going to take a look at what that announcement is. It's all about rates and where it could potentially go. So the first thing we're going to do though is take a look at the crypto and traditional market and how that's been messing everything up. But again, short-term, could make a difference long-term. That's not a big thing. So we'll take a look at the announcement and what that means. We'll also take a look at a great story, great story. Russian central banks burn plus IMF and how they get involved. And then next to last, we'll talk about investing in people. The way that Polygon and Google are getting together. And not that Polygon and Google are getting together specifically, it's about how they invest into people. And lastly, we'll talk about do a little Q&A and then the meetup tonight here if you're in Puerto Rico. So before we get into all that stuff, let's first take a look at the markets and see where we're at. So right now, it's actually a pretty good day. It is a 26th, I can never remember the date, 26th of January. And we're looking pretty good. We were teetering around 1.6, 1.5 trillion, maybe 1.4, I can't remember. But now we're looking at 1.8 trillion and going up pretty quickly, 5.4% rally. And everybody was, and before I go on, let me just say this, just because we had a little bit of rally doesn't mean we're going to the moon. It's just a little bit of a rally. Everything can change in a heartbeat. So you have to be aware that these markets, especially ours, is extremely volatile. So if you see some fluctuations, just go, that's how it is. Now, if it goes from 1.8 trillion down to 1 trillion, and we lose 800 billion, is that unheard of? No, it's not because it's crypto and that's just how it is. So that's why I'm always preaching my dollar cost to have all that stuff. I'm not going to get into that because I won that like an hour yesterday. But today, the prices are looking pretty good. Bitcoin is up 4%. Ethereum, man, that's crazy. 8.6%, which is good for me because I got a nice little loan on Celsius on Ethereum. So margin calls, I don't have to keep collateralizing. That's just the way it is. Binance coins up 5%. Cardano, 8%. Nice. 6% for Solon, almost 7%. XRP's up 7.4%. For Doge, 15%. For Polygon, probably on news we're going to talk about in a second. 10% for Nier and everything else. 6% for Bitcoin Cash and Tron, great stuff. So that's just in the 24 hours. But remember, we're not out of the woods yet. And a lot of things could go sideways or go down or go up. But just take a look at the 7 days. And that's why I want to remind everybody of where we're at. 7 days, I mean, negative 10%. Negative 16%. Negative 16%. Negative 24 for Cardano. Negative 30 almost for Solon. Negative 20 for Terra and XRP, 15%. So I'm not here to spread a bunch of hope here. I'm here to give you some reality. And that's the reality. I'm glad that we're having today. Take the little small wins that we get. But we need to move. We need to move when you see what's going on. And that means taking a look at the correlation between us and traditional markets. It's looking pretty good so far, honestly. And Jerome Powell's going to come out at 2 p.m. Eastern time, which is 3 p.m. my time in Atlanta. Atlantic Standard Time in Puerto Rico. And that could be, that's 11 o'clock central. No, 1 o'clock central, 12 o'clock mountain. And 11 o'clock Pacific. And of course, UTC, I think that's four hours ahead. So like 6 p.m., I think, I'm not pretty sure. Correct me in the comments. But S&P 500, look, took a little bit of an increase today. And we'd like to see green, right? We're all happy. But again, let's zoom out, see who we're at. Over five days, it's still down. And over a month, it's still down. And over six months, at least it's up a little bit. Let's just go with that, right? Hey, NASDAQ's looking pretty good, right? But again, it started off pretty high. It took a little dip. And this is just uncertainty, because no one knows what Jerome Powell's going to say. Nobody has any idea. Only Jerome Powell knows what he's going to say. But hey, again, we'll take little victories. Again, five days, looking pretty rough. One month, rough. Six months, still pretty rough. I'll be honest with you. And then one year, okay, we'll take it over the time. So again, when in doubt, zoom out. And if you don't like what it is, zoom out even farther. Sorry. So that just brings me to my point. About the announcement today. And the announcement today is pretty important. And this is broken down pretty well by this article in Yahoo Finance. So stocks rebound ahead of the Fed decision. So what do we have going on here? And I just want to highlight this part right here just to show you the craziness that is the markets. And we talked with this yesterday about how Microsoft had stronger than expected second corner revenue and earnings. And when you usually have pretty strong earnings, that means that the stock price goes up. But everybody is so afraid because we have been conditioned to be afraid for what's been happening in the last couple of years that there was like, oh, I don't know. Trump's going to come out. He's going to talk about these tapering and the interest rates. And then of course, there's this thing that's going on and with Ukraine and Russia and America, we don't know what's going on. And of course, with COVID and everything else, everybody's just so afraid. But again, this is the irrationality of the markets. That's just the way things are. But Microsoft shares did reverse overnight, losses and rose Wednesday morning after the company delivered better than expected revenue and earnings. So even though there's a little bit of rationality, cooler heads sometimes will prevail and people like, wait, that's not what's going on. This is the reality. For markets, the Federal Reserve has latest monetary policy statement and press conference from Fred Jerome Powell late in the day will be the banner event. And we're all waiting to see what he says about that. But this is summed up perfectly by David Balin and this is exactly what I believe to. He's the city bank chief CIO, head of city global wealth management. He says, the Fed made a major reversal about five weeks ago when it said that it was both going to raise rates and also consider quantitative tightening, not easing, but tightening, pulling those money printers off, which effectively means that you and I are going to have to finance the debt that is necessary issued by the Treasury instead of the Fed. So with all that, I think they're going to look at what happened in markets. And if they took a look at what happens in the early 80s with Volcker, a Federal Reserve chair, when he started to do not quantitative easing, but he pulled back and raised interest rates pretty darn high. And we're talking like 12%, 14%, 15%, crashed the entire economy. So hopefully he'll learn from that. But it is come on to say is that he looks at what's going on and hopefully they're going to say this, which is what would be a pretty logical thing. Our goal here is not to shut the economy and to make things slow. The goal here is to signal their willingness to fight inflation to the extent they can. And this is what I believe is going to happen or what potentially could happen. I can be wrong. I'm not no Stradamus, but when you have these types of plays with the drone power coming out, probably what he's going to do is not going to come out and go, look, we're raising rates by 5%, or five points. Sorry, that's just how it is. I think it's going to be like, okay, we're going to raise a little bit here. And then as it starts to make things a little bit very volatile and start to shake things up, like, okay, okay, we're not going to raise rates for a little bit. We're going to do a soft landing. Again, you're going to hear that term about a thousand times. We're going to just kind of ease back and just kind of ease into it. Because no one says that they have to do it anytime today or in a couple of months. They want to, but they know if they do it, they can't because it'll wreck the whole economy, just like what happened in the early 80s. So that's all we have. I expect, and he may not even say much of anything today, hopefully. He comes out and says a specific guidelines. Maybe you won't, but that is the big announcement. 2 p.m. Fed chairman is going to come out. That's an Eastern center time. So let me make sure you think about that in the comment section. Let's move on to some positive news. Well, it's not that that's unpositive. This is great. So what you're looking at here, you're like, Rob, that's not positive. I know, but just check this out. This is great. Russia proposes ban on use and mining of crypto. And this was five days ago, and I'm not going to read you the report because it's boring. It's the same thing, but there is just one part I will read is this first sentence. Russia's central bank on Thursday proposed banning the use and mining of crypto on Russian territory, setting threats to financial stability, citizens' well-being, and its monetary policy sovereignty. And that sounds pretty bad, right? And of course, when we hear those things banning, we don't like that because China was banning crypto every year. But here we are with the Russia central banks. You're like, we need to ban it. Well, this is the great story. I love these stories. This was today, yesterday, last night. And it said Russia should regulate crypto market and not ban it. I believe that is true. I got to agree with Russia here. And this is a great quote. Moscow January 25th, the finance ministry, finance ministry, Ivan Chbezikov nailed it. Said on Tuesday, appearing to contradict, appearing to contradict the central bank, which last week proposed banning the use and mining of crypto. Chbezikov, director of the finance ministry's financial policy department said, the ministry had its own ideas about how to regulate the crypto market while a lawmaker wants to have further and said, hey, you need to remind the central bank that the power to create legislation lies with parliament and not the central banks. So before you fit in, grab some bench because it's not your job. The world has become very virtualized. I don't think we can allow ourselves to just take a high tech industry and just straight up ban it, says Chbezikov on the belly. So I love to hear stories like that where the central bank comes in and chimes in, it's like, you know what you should do? We should do this. Of course, a lawmaker is like, who are you? I mean, of course we work for you, but who are you? Do we really need to listen to you? No, especially if this is a pretty emerging market and we're going to make a ton of money. So just sit down and that's it. So I like to see these things because remember when we hear these stories about banning, you need to take a look at the story behind the story. Because if you just take a look at the headline, you're like, oh, it's getting banned and it's awful. That's why it's important to do your own research and do education. So even me and me reading this stuff to you and talking about it and giving my thoughts, that's not enough. You have to do your own stuff. So that will lead me to my next point, which is the IMF. So IMF International Monetary Fund kind of set precedents and policies. They are asking El Salvador to remove Bitcoin's legal tender status. Well, that's not shocking, but it goes on. So Bitcoin, it states, poses significant risks to financial stability and consumer protection. IMF exec director said in their concluding statement on El Salvador's Article 4 consultation. And this is from one of the directors there at El Salvador, I believe. They stress that there are, this is what they said in the report, they stress that there are large risks associated with the use of Bitcoin. Okay, there are risks because it is very volatile. They urge the authorities to narrow the scope of the Bitcoin law by removing Bitcoin's legal tender status. They also, there also needs to be greater regulatory oversight of, I want to say Chivo, but I think it's Chivo. El Salvador's Bitcoin wallet. I'm sure everybody will tell me how to say that in the comments. And they say this, the statement on Bitcoin in Chivo shows this is too close to de-dollarization for comfort. Said Natalia, Natali Marshek, head of emerging markets, sovereign research at Stifle Finance Corporation. The tone is quite negative. And then of course they're going to ask this. Of course they want them to take a look at everything because that's not good for business, for the IMF. And you can't regulate a bunch of things. It's just based on computational power and decentralization. However, I did say this, and this was interesting. The IMF projects at El Salvador's deficit will reach 5% or more. Public debt is also anticipated to rise to about 96% of GDP in 2026. That sounds awful. And if you read just that, you're like, that's pretty bad. That would make me want to use Bitcoin. Again, you have to do your research and take a look at the story behind the story. So if we want to take a look at debt to the GDP, let's just go to our friends over and invest the PDA and see what they say about that. So just so you know, let me blow this up. What is it? Debt to GDP. The debt to GDP ratio is the metric comparing a country's public debt to its gross domestic product. By comparing what a country owes and what it produces, goods and services, the debt to GDP ratio reliably indicates that particular country's ability to pay back its debts. Obviously, the higher the debt is, the harder it is for them to pay that back. Right? And there's the formula, if you want to do it yourself, I suppose. I'll read this thing last year. The good versus bad debt, a study by the World Bank found that countries whose debt to GDP ratios exceeds 77%. Again, like they said, hey, 96% seems pretty high. For prolonged periods experience significant slowdowns in economic growth. But let's put it in perspective. In Q3 2021, not too long ago, the U.S. had a debt to GDP ratio of 122.6%. I'll read that one more time. In Q3, the U.S. had a debt to GDP ratio of 122.6%. To put those figures in perspective, the U.S. highest debt to GDP ratio was previously 106% at the end of World War II. So again, if I read this article, I'd be like, man, maybe Bitcoin's not too great. Then you're like, well, hold on. Good old America, pretty high. And I will read this last to give you some balance. Talk about modern monetary theory. Don't roll your eyes. I'm just reading what it is. MMT argues that sovereign nations capable of printing their own money cannot ever go bankrupt because they can simply produce more fiat currencies to serve as debts. However, this rule does not apply to countries who do not control their monetary policies, such as the EU, who rely on the ECB. So I suppose, but take a look at all the different nations that have collapsed anyhow. And we all know the fiat always goes to zero at some point. Not that I'm wishing for that to happen. I'm just saying, if you look at the history, all fiat has gone to zero. So if MMT believes that, so much the better. Let me know what you think in the comment section on that one. And next, let's take a look at what I like to call investing into people. And I like these stories because I'm biased. That's just the truth. I talk about investing into people. I talk investing. If you're looking at three things, as far as projects or crypto projects, look at the UTT, the utility, tokenomics, and the team itself. So this is what I thought was a pretty big get. And I'll read this. Let me blow this up so you can see it. All right. And I want, I'm not going to read the whole thing, but this is the gentleman, let's see here, Ryan Watt. Ryan Watt. So he was the head of a gaming at Google. And he states here, I will miss YouTube dearly, but it's time for me to pursue other endeavors in life. And when my passions are taking me, I'm fascinated by blockchain app, which I'm sure you are too if you're watching this video. And I'm beyond thrilled to enter the Web 3 space. I'm elated to announce that I will be joining Polygon Tech as their CEO of Polygon Studios. In my role at Polygon Studios, I'll be focused on growing developer ecosystem through investment marketing, developer support, vision and gaps on Web 2 and Web 3. That sounds pretty good. And thank you for the ride, everything else. So when we take a look at that, first of all, what's Polygon Studios? Well, Polygon Studios is a branch of Polygon and they're going to offer 100 million dollars to fund gaming NFT product. That's how much they believe it's going to be. That's why I think Microsoft's also getting into the game as far as the metaverse. They also believe that also on top of that, Ubisoft and some other big name gaming companies are getting into it as well. So Polygon, just so you know, a maker of crypto-based NFTs has set up 100 million fund for projects aiming at combining the hot blockchain tech with gaming to cater to game companies, Polygon setting up Polygon Studios, Web 2 to 3.0. So I just want to make sure that everybody knows exactly what we're talking about here as far as Polygon Studios. So when I talk about investing into the UTT, talking about the team or the tokenomics and the team and the utility, teams will take you there. If you take a look at the history, sometimes even the best technology doesn't went out. If you can't tell, I'm pretty old. I'm old. I mean, it's relative for a 20-year-old, I'm old for an 80-year-old, I'm very young. But I remember back in the day when they had laser disks, laser disks versus VHS. Laser disks were beyond a better product than VHS tapes. Yet VHS won. Now it eventually led to CDs and things like that, but it's all about how you can execute as a business. And the way that you can execute as a business, of course, is, first of all, make sure everything's stable. You're on concrete ground. You have a good product and utility. Second of all, make sure that the marketing is there and you actually get that message out. And third of all, well, actually before even that, make sure you have a great team because you don't know where you're going until you know where you've been. That's why when you assemble people that have already been there and done some pretty great things, it's a lot easier to get to where you want to go. And that's why when I look at my different projects, I like to take a look at the team to see where they've been and it's not, I've been guaranteed. There's a lot of different factors, but that looks pretty good, which leads me to my last point before we move on and get out of here. Against Akishi, I think it's going to be a pretty big thing. I've talked about this for a couple of months now. They are a video game producer that already has a working product that is on PlayStation, Switch, Android, and the iOS. And it's been going strong for like eight, six, eight years now. Now they're moving on to the metaverse. And just so you know, they had their launch, for their launch pool, and it became the most participated project ever. 65,000 participants and 200 million TVL. And if you want to find out more about that, there's a link in the description. I did a deep dive back in early December and we talked about what was going on with this project. This is over on digital asset news clips. I don't do deep dives here. I do it over there because it doesn't have to do with the news. So you can check that out. And that is the big stuff. Also, this leads me to my last point before we do some Q&A, which is we're going to have that's another Puerto Rico meetup. So I'm hoping you can make it out there. This will be at the Smokehouse. It's over there in the Condado area from 4 p.m. to 6 p.m. Some around here. See that big burp, burp, burp. That right there. Yeah, it kind of gets smaller. That's a bummer. San Juan Smokehouse. So, Condado area. Just follow me on at news asset or take a look at San Juan Smokehouse. You can find us 4 to 6 p.m. I'm just looking forward to the bacon. Apparently that's... It just looks good. And I'm excited to come out there and meet everybody. I'll probably be the one at the door greeting you when you come out. And that's what's going on. And then lastly, I don't know how everybody's going to feel about this. So I'll ask you the question. You know we're in the real estate, me and the wife, right? Love real estate. Works out pretty well. Short-term rentals and things like that. Offer came up to us and we had to turn it down because right now we're a little tight on some things. Tax season's coming up and different things that are happening. So we turned down this offer. However, this was sent to us by our agent. I linked it in the description. I have no affiliation. I have nothing to gain from this, but it is a great deal. It is a condo, two-bed, three-bath. I know it's a news channel. So let me know what you think about this section. And it's reasonably priced and we would have gotten it if it wasn't for the fact that it's a little bit tight. So I thought I'd just tell you guys. So that's what's going on with Beach Access. You can't beat that. I think it's $225, $225. So that's what's it. So I will be done there and that's what's going on in the news today. So let me know what you think about that in the comments, especially that last part. And let's take a Q&A. Oh, before I go on, there is one quote that I saw in the very beginning, which was this. Dice forever says this perfectly in the beginning. Today only changes short-term price action. Long-term nothing changes. And it really cements home the fact that, yes, the things that are going to happen with drone power, the things that are happening in Ukraine, the things that are happening with COVID, the things that are happening with earnings reports, it's a short-term type of thing. Well, Ukraine could be a little bigger. We'll see how that works out. So nothing really changes in the long term. And that's why I need you guys. This is investment opinion, not investment advice. This is what I do. I can't give you any advice. Is that when I look out for different things, it's for a very long term. If you want to really talk about it, it's like my four-year plan. Whatever I buy, I'm thinking that in four years it's going to go up pretty dramatically. And that's how I look at things. I don't really look at the day-to-day and that's all. So thank you, Dice Forever. That was a good point. And let me click off this banner and go to the comments section. Okay. Let me take your question. Oh, this is a great one. Thoughts on meta here on Everdome. I did a deep dive on Everdome. I think it's going to be great. And the reason why I think it's going to be great, Everdome, if you don't aren't aware of, it's a project, another play-to-earn type of game. And they're partnering up with MetaHero. And what's great about that is MetaHero is it's a project that allows you to scan physical items and put them into the metaverse. Not that it's not like a transport type of thing, but if you look at like modeling and how expensive that is to put that into an actual game, MetaHero is far inexpensive as been told by me. So MetaHero and MetaHero tokens already gone out. Everdome is partnering up with them and they're releasing this new play-to-earn game. And it looks pretty great. So again, go over to Digital Asset News Clips. Just type in Digital Asset News Clips and Everdome and you'll find it. So I think it's going to be pretty good. That's the first question. Where did you... Oh, second question. When is the Fed announcement? It is 2 p.m. Eastern Standard Time. So that's 1 p.m. 1 p.m. 12 p.m. Mountain and 11 a.m. Pacific Time. I think it's 6 p.m. UTC. I think. Michael said I'm looking for a condom PR. Sounds great. Great. Got a great deal. Do your own research. And you really got to do it because like in condos in Puerto Rico, just so you know, there can be huge amounts of problems. Wiring, plumbing, different provisions. And also if you want to do short-term rentals, do they have an HOA? So again, this is just the first step for you. That's what we got. You need to buy a Metal Legends. Wake up. Okay. I gotta tell you, if I had a quarter for every time someone told me to buy something, I'd have a million dollars. It's just that I don't have... I'm gonna miss out on way more opportunities than what I get into. That's just because I need to do all the research and it takes a long time. And I even wore a Buffett in his long lustrous career got into everything perfectly. He missed Amazon. And then he missed Google. And he also missed Bitcoin. So what are you gonna do? This is a good point. Good question. Is this run because people know what they're gonna say today at the Fed or is it run to get retail in and excited only to dump on them when the news comes out? That's a good question. And if you think about it, if you think about people who are like behind the scenes, like there is a law trying to come about to ban congressmen and women from investing in the stock market. In America, what's crazy is that they can have these behind-the-scenes closed-door meetings with CEOs and heads of company and then they can just turn around which is insider information and just start buying stocks. Nancy Pelosi's husband has beaten the S&P 500 like years straight. So how does he do it? Maybe he's just a great investor. I don't know. But so the question then is, are they front-running us? Do they know what he's gonna say? Yeah, maybe. And you can take a look at the opposite end of it and go, well, maybe they do know what he's gonna say. It's gonna be negative and they're just gonna have everybody run at the price and then dump on everybody. That's why I don't get involved with that. And all I do is dollar cost average. And just go, well, if it goes down, that's great because I can pick up some pretty low ones. Maybe I'll wait even longer. And then if it goes up, well, that's pretty great because maybe I can dollar cost average out because I picked up the dip. So I try to... The guy with the least stress is the winner. What's my take on Stellar? Third question. I own some but I just stick it on Celsius and just let it gain interest. I don't really have one way or the other. I think it's doing things behind the scenes. I think it's partnered up with Circle and USDC. So that's good. Other than that, not really excited about it. Fourth question. Hi, Rob. Thanks for a great job. Are you still a pollution voyager? Yes. Did I miss my price prediction? Absolutely. Just an awful, awful price prediction of me. Learn my lesson on that one. But good news. I will have CEO Steve Erlich on the channel 31st. So I got a litany of questions to ask him and stay tuned. I'll let you know. It'll be pre-recorded probably. And do you have a favorite online tax website? Well, my friend, let me tell you something. I got a great one for you. It's called CryptoTrader.Tax. And there's a link in the description and you get like 20% off just for using it. And what's great about that, if you use Voyager like myself, they have an API integration with a bunch of other things. Also, they have an integration into DEXs. So if you did a bunch of crazy degenerate stuff, then you can just go over there and link up and you can get your tax reports easy-peasy. So I've been using it for two years straight. The time I, the first time, the time I got into it, set it all up and ran the report and sent it over my CPA to be 30 minutes. So if you don't want to go through spreadsheets, that's cool. You can go through it. If you don't have a bunch of transactions, you don't need CryptoTrader. But if you have a lot, like I'm talking like 100 or more, you probably want to get that. So CryptoTrader.Tax link in the description, 20% off. Great. And one more to go. Thanks Enrique. That's nice of you. Yeah, that's a good point. Jacob's got a good point. I think we're at a point here when if you're not willing to hold up for up to a year during a downturn, you got to cut your loss and jump back. And remember, like the story I told last year, I mean last year, yesterday, I was the same way. I wanted to get rich overnight too. Everybody does. Don't let them fool you. Everybody wants to get rich overnight, but it doesn't work like that. And then sometimes you just got to be, you got to be tough, right? Good times make weak people. Weak people make bad times. Bad times make strong people. And strong people make good times. Just a circle keeps going around. Let's see. When Lambo, I don't know. When Geometro. Are you Scottish or Yorca? No. Just this, the tone of my skin being all pinkish is that I am German and Native American. I know, right? That's probably why I never get dark. I never get totally white, I guess. Well, it's helpful. Yes. Can you post? Oh, so the link, it's in the description. If you came in early, just refresh your browser and the link to that property will come up when I'm showing you right now. And I think that's it. Do we have any other questions? Ah, it's nice. I'd love to meet Joe Rogan. I don't think I have too much to tell him. He's already had the best and the brightest out there. Next being upcoming, sure enough. Okay. Last question. Chile, which pay-to-earn games are you most excited for? First of all, I'm more excited for Bitcoin and Layer 1 solutions than anything else. Play-to-earn and Metaverse, the only two that I can tell you is Gensokishi and Everdome. Also, Kornokopi is pretty excited about that because it's built on Cardano. I think it's going to be a good one. And I know that gamers don't like Play-to-earn NFTs because I understand why they don't like them because they're so ticked off with places like Ubisoft and these different gaming companies that are like, here's the game. But if you want to really play it, you got to pay for this and then this weapon and then this thing and then this thing and this utility. Before you know it, they get nickel and dime to death. That's why they see NFTs as another way of extracting money. But they don't understand that you actually own that and you can go to everyone else and you can sell it. So that's what I got for you and that's it. So look, I don't want to take too much of your time. I want to say thanks for coming out and being here. I appreciate it. If you like today's video, give it a thumbs up. Also consider subscribing. A lot of things we talk about are time-sensitive. Meet up tonight. Maybe see you here if you're in Puerto Rico and that's it. So thanks so much. I appreciate it. And I'll see you on the next one. Adios.