 19th or 20th. Correct me in the comment section. That's it for today. If you want to stick around, I'll do a little Q&A, answer all your questions to the best of my abilities, and we'll go from there. So, thanks everybody. Let's see what we got. Oh, this is a good one. Vanguard, who sat out, I believe, the ETF, will bend the knee eventually, probably after the halving around when Bitcoin is near 100K. They'll have too much pressure from the clients, end of the moon. Now, I want to stress, we really shouldn't rub it into these people that just didn't get it at that point. Remember, we're the welcome wagon. When new people want to come in, we have to be cordial, we shouldn't be jerks, and not the I told you so, which is so fun to do, but it's a really bad habit to have. Even I fall victim to that. So, the people that come in, the tent is big, we're large, and we'd love to have you. So, anybody, thankfully, you guys found your way. A little bit late, but better late than never, right? Brian Gray asked a great question. Robert, you weren't from Tangem on staking, native staking. They ever get back to text? They did. Let me read it to you. So, this was from Nikita. This was a question that we had on one of the other live streams, the Q&A. And the question was, is Tangem, which is my preferred cold storage device, wallet? And we just did a review of LEPAL. I got to tell you, LEPAL, it's fine, but it's just okay. I'll be honest with you. It wasn't like I was like, ooh, I can't wait to use this thing for the rest of my life. Just all right. And yeah, so the question was, I said, hey, Nikita, I'm doing a live stream. People are asking about the staking directly. When is that going to actually happen on Tangem? Thanks. He said, here we go. Watch this video at 1759. Actually, I should link this in the video. But it was a couple of the individuals that worked directly with Tangem. And they said that for native staking for Tangem, it should come out Q2. So you're looking at April, May, June? All right. So hopefully around that time, probably June or so, we'll go with that. You can do it if you want to. But remember, you get farther with sugar than you do with salt. That's an old phrase. Bitcoin has outperformed my alt portfolio. Buying since 18K. I could have just held Bitcoin and now maybe rolled an alt. It depends on the alt. If you were buying stable coins, I could definitely see it, like Tether, USDC, XRP. Sorry. And some of these did pretty well, but it's like Ben over in the cryptoburse, he just like, look, he goes, I don't know what's going on with alts. I'm just going to pile into Bitcoin and just kind of go with that. And it worked out pretty well for him. But there are some alts that did fantastic. And I mean, Chainlink, Solana comes to mind. Even the meme coins, Bonk, Win, Dog with Hats, you name it. And Avalanche and Immutable X and a bunch of stuff that I own, but some just didn't do well. And Bitcoin macro maybe didn't work out for you. But if you don't like the price, just wait a little bit. It will change. It is crypto. Let's see. Phillip says, do you see another crypto taking over Bitcoin in the future? I really bad at predictions. So people will ask me, what do you think the next Bitcoin prices be? Give me a prediction. I say, okay, well, in 2024, maybe 2025, Bitcoin will be between somewhere between $5 and $500,000. It'll be somewhere in that range. So I know. So as far as like a crypto taking over Bitcoin in the future, I suppose anything's possible. But, you know, I mean, we've seen the time and time again with the hacks and the rug pulls and the shutdowns and all the different issues that come with layer zeros, layer ones and everything else. Bitcoin's had, it's always up. It's always dependable. It's the most battle tested and it's the first. Well, I say that I am 100% sure that it'll only be Bitcoin and that's it forever. No, I can't say that because no one knows that. But so far, I mean, all the times I hear about the flippening, never happened. But hey, whatever. David says, bit tensor tau Bitcoin plus data plus AI equals greater than Bitcoin. Yeah, it could be just depends on your risk tolerance, right? Shallow and says, you say you're bad at crypto price, but you nailed the current price in 2021. Yeah, but that was just luck. Look at the look at the really bad. I thought I would go to three bucks and that's pretty much what it was. But look at my Bitcoin prediction. First, it was 150. Then it was 100. That didn't happen. Ethereum, I said 10k, not even close. Theta, I thought it'd be 10 and actually went to 15. So kind of screw that up, too. And I can't really eos. I thought I was gonna do great. Me and Beardy that didn't happen. But yeah, the one thing I did, I did, I did nail Cardano somehow. A watch is right twice a day, right? A broken watch is right twice a day. Bella thoughts on stacks. I don't understand why Bitcoin maximalist hate stacks. Personally, I think it's, I think it's good. I mean, I bought a long time ago. I held on to I thought that the Bitcoin ecosystem would do great. And like I've always said, like they talk about how Bitcoin is, you know, the primary layer of the internet, like the TCP IP. Well, if you want to build on top of that, why don't you use a layer two solution like stacks? Makes sense to me. Worked out for Miami coin, right? I don't know if you guys remember that was a long time ago. Retro B says, Rob, are you suggesting we might be higher than the previous all-time high before the heaven because of the amount of available coins OTC? It could be. It could be. And I got to tell you, for everybody, I sure hope not. Because I don't know if you're, if you feel like I feel like, did you accumulate enough in this bear market? Did you do everything you were supposed to do? Did you avoid the Starbucks coffee? And did you, did you really need the second kidney? I mean, you can get away with 15% on one before you hit dialysis. Trust me, I know I used to work in dialysis. Just kidding. But I hope it doesn't hit that all-time high because I think it'll just go crazy after that. Because then you have two narratives. You have two narratives, which will be insane. You'll have the halving, which of course, we'll talk about how, you know, there's, there's half of the production and there's all this money going to Bitcoin miners and the scarcity and of course, the OTC debts are deplenished. And it's just, and then of course, now you hit an all-time high again and again, it'll be, it'll be scary. It's almost like I don't want it to happen. But that's the market for it. It'll do it. To answer your question could happen. I mean, I hate being so bullish because, but yeah, I mean, if you look at the information, it looks pretty good. But that's how it is in every bullish market, right? When you're in the bear market, you're like, it'll never get better. This is going to, you know, Bitcoin is going to 10K. It's awful. And then of course, we go sideways and you're like, never break out. It's always just go sideways. It sucks. So boring. And then when it goes in the bull market, this will never go down. Maybe those million dollar price predictions are good and it just keeps going on and on. So I just try to keep my sanity and say maybe. You should already have FOMO because you actually are missing out. Yeah, it could be. Drone says, I'm selling when you're selling, Rob. Just remember, I'm going to be way off. I'm going to be way off, but I'm going to sell. And if you want to know when that's going to be, there's a link in the description of, there's three videos I want everybody to watch. One is don't fall for this AI scam. It's like eight minutes. And I just talk about all the stupid AI scams that are out there. I think there's a new Larry Fink one, which is ridiculous, but AI is only going to be better. This one, don't make these crypto mistakes and all the screw-ups I've done and this one, why and when I'm selling 80% of my crypto. Follow that. Watch that one. You'll see that you know, it's a plan better than no plan, but I'm not going to nail it. Doge Toshi says, I feel like nobody was ready to be near new highs as soon. Probably true. There's probably some people like I knew it the whole time, but what can cause a pullback from here? You can see it'll be usually be macro. It'll be macro events. It'll be the Fed higher for longer. It'll be talk of inflation. Although you won't hear so much talk of inflation because America is going into their presidential election November. So all of a sudden, all of a sudden, all these CPI numbers and everything else will be like, Oh, it's not as bad as we thought it was. Congratulations. And then of course, people say, wait, what the hell's going on because everything's expensive that I'm buying, but whatever. So it'll be something like that afterwards. And then also, I believe that the UK slipped into recession. I want to say Spain or some other country also has declared themselves in a recession right now. So again, I think it'll be macro events, jobs reports, unemployment, quantitative tightening. Although I don't know if they've been doing that anymore. Lack of quantitative easing and bank failures. But if that happens, remember, inevitably, even with the banks fail, it won't matter because they'll just turn the printers on and it'll be a massive amount of more printing. And then we'll have super high inflation. And that'll be good for a while. And then we'll come a really big crash. So, yeah. So time it, time it pretty good. Rob does tangent hold the different stable coins? Yeah, they hold them all types. I have on tangent, I've got tether on Tron chain. I got USDC on Solana, Ethereum, you name it. So yeah, tons of different ones that I use. Where dogs thrive puppy and dog training. Japan. Thank you, Dave. Good thing you're here. I can't remember anything. Japan. Speaking of printing money, how's tether been? I heard it just printed like another 10 billion or something. It was like a drop in the bucket. So there's somebody that told me that when tether prints, that's how you know the market's going to go up. Essentially, the tether foundation is our Federal Reserve. I was like, I don't think that's true. Sure enough, it's been true so far. Jason says, are you invested in render? I'm invested in render. Great AI play. It makes sense to me, right? If you're to set up and use computational power, so you need the rigs, well, you need the computer, the chips, the graphics cards, you need the infrastructure, you need the actual warehouse, you need the electricity, everything else, or you just pay people to use their computer and pay them a render token. That makes sense to me. So render makes sense. Hypercycle makes sense. A couple other ones. Yeah, it doesn't make sense to me. This could be wrong. Yeah. Payne says, Trueflation is US at only 1.66%. It's true. They do. I had Stefan on. This was a couple of days ago. We just talked about this. And he's like, he goes, yeah, some things are going down. He goes, but some of these numbers are not right. They are just not right. And we'll see. I don't know. I see some things in the store that are still high. Gas is still a little high. But I'm in Puerto Rico, so it's always high. I have a very skewed view of what's happening, because everything is imported, and that's how it is. When I was in Houston, great place, by the way. Gas is super cheap. RetroBeast, are you as bullish as James on the miner stock? I'm not saying I'm on bearish, but I have Mara stock, and that's about it. James can point you in the right direction on that one. It's not my thing. But yeah, I could do. Thoughts on Beam, probably do great. I don't own it, but like I've said before, guys, as we move into the bull market, most of the things that you buy, it's not utility. It's not. I mean, utility is great, right? And it's fantastic and it's good. But what's going to drive price action is speculation and hype. And that's pretty much what it is. Go take a look at Eluvium, go take a look at Helium, what they were before, what they offer now, and the price action, and you'll see what I'm talking about, just how it is. Rob, if you were to VeChain, I used to own VeChain. I think I still do. I can't remember. It's probably locked in some wallet, some magical place. It survived, though, quite a few bear markets recently pumped. Yeah, it has. So I've always said, pay attention to the projects that build in the bear, because they'll crush it in the bull and congratulations for the VeChain team. I wonder where the heck I put that. I have a spreadsheet where I have all my wallets and it's just somewhere. Warriors codes, I disagree with Bob. This will be a utility run. It could be. Let's hope so. The narrative, I will say this, the narrative, yes, the narrative is there. The narrative is there. Okay, this is utility. Great. Fantastic. But, I mean, let's be honest. What's the market cap of helium? Let's find out. A helium? Damn, good thing I buy that stuff. I own helium, so just so everybody knows. Market cap is $1 billion, $393 million. Okay, let me see something. Helium mobile, like I said, working product right now. $20 a month? I should really get this. A limited $20 plan. Unlimited $20 plan. Verizon Myles, crazy. T-Mobile. Let's take it back. I can't get very bullish on this one. I didn't realize T-Mobile was worth that much. Verizon was with $170 billion. T-Mobile was with $190 billion. Helium mobile, $1 billion, $393 million, $170,078. Well, it's a good thing that actually DCA it. Excellent question. Man, we got it close enough. Most people, I know we're getting towards the top when people start calling me Dan. Do you own shicks? I own a lot of shicks. A lot of shicks coins. Just kidding. I don't own that. Let's see. Yep. Helium mobile, that's right. Helium mobile is another token. So there's one, there's actually two types of tokens on Helium, which is now on Solana. That's true. I have IoT and HNT. Fantastic. Ivan says, what's it like to live in Alaska with a blue screen of your pool? It's tough, man. It's tough because like to get, I have to buy these new green screens from Fiverr. If I want like, because I do videos and like sometimes you'll see like people go through, that's just the Fiverr team. Fiverr.com. Best green screen videos in the business. No, I would never live in Alaska. I'm not a cold weather person. Renderer. Michael says, no one has apparently done their homework. Proof of state coins are all high risk. That is true. Michael's correct. They're all high risk. This leaves Bitcoin and a few others as actual safe investments. Yeah. I mean, it is, I don't know if it's like the safest, safest, but I mean, in all honesty, you can put it into bonds as everybody right now is screaming at their at their screen. You can put into bonds, get a whopping, whatever it is that 3.7, 4.25% of whatever it is. That's pretty, that's like the safest thing you can do, which I didn't keep it up with inflation. So yeah, I don't really get it either. I think that's why, like me and Ben and Guy talk about this a lot in NFA, and everybody gives Ben a hard time because of that, because he's always been on Bitcoin, Bitcoin, Bitcoin, not enough faults. But you understand, when you got like a full-time gig on YouTube and he's constantly taking care of his community and then also he does NFA live with us and does, and does daily videos. And oh yeah, he takes care of four kids and his wife. He's probably just like, man, I'm tired. I'm just going to put this in Bitcoin, let it go. And that's it. And I think it's different strokes for everybody and worked out pretty well. Did he make the 1000X by not getting and investing into Dog with Hat? Of course, of course. But I don't think a guy like Ben's going to be like, Hey, dog with hat, that's a good one. Honey, sell everything, dog with hat or when or whatever. And then Retro BC, he does have that chair to take care of. Yeah. And that rickety desk of his that he can't even upgrade. See, that's where he saves the money. A rational guy was edging into conspiracy territory this morning. I don't know if you guys have seen that video from Coin Bureau, but it takes a look at AI and how it's going to take over and pretty much ruin free speech and really drive censorship. It was it was good. It was great. It's a little scary. It'll make you think. So go check out Coin Bureau. I'll show it where I'll show it right now. This one right here. That's it's pretty, it's pretty wild. It's pretty wild. This one I got to check out next. Jessica interviewed Arthur Hayes. That'd be a good one. Arthur Hayes is a pretty interesting guy from BitMEX. Seems to like, you know, call like it is, makes mistakes, calls out his own mistakes. I can appreciate that. At least he admits it. Sweet Mary and Joseph, how many people admit mistakes in YouTube world? There was some rays of hope in the Coin Bureau video. Yeah, it was. That's why like, like Coin Bureau and the staff over there, they're on another level of what they're doing. Like here, I mean, we give you the news and everything's great and you get bullish, right? But the research team and the amount of time that they put in there, I can never match that. That's like beyond. And it really, it'll make you really think and understand really why it's really why decentralization is so important. That's the next level. It's not just hey, number goes up and OTC and ETF this and that, like I talk about. It's like, this is what's going on in Congress. These are the things that they're brainwashing you with. These are the things that you need to do right now to make sure that you're safe in the future. Again, tip of the hat to those guys. Hey, it's good. Sean Hannity scares me. Sean Hannity scares everybody. Ben's haircut is here. The Arthur Hayes interview was awesome. I got to check that out. It's going to be good. Yes. Roy said UK passed a lot of men in KYC for all D5 wallets or accounts frozen. There was a video we did, I want to say four or five days ago. Kraken had put that out in the UK. They said, if you're using a non custodial wallet, because we recognize that you are or whatever you're transferring it to, we need to know that it belongs to you and you have control over it and we need to register it essentially. I put this out and did a live stream on it. Some people said they've never seen that email before, but then afterwards, towards the end, people were saying, yes, I got the letter. Yes, I got the letter. I actually put that on X. Unless something else is going on, that's what I've heard too. That's the scary part. But it makes sense. Me and Shehan, Shandra Sakara, he's the crypto CPA. We talked about this exact same thing and what they were talking about in Congress to pass and move through for the IRS for the exact same thing for D5 wallets and your custodial wallets. It was actually being open for resolution. If that goes through, that's another point. Not to say that it will go through, but it is a blow to the system, right? To our system. Can they stop it? I don't think they can stop globally. That'd be damn near impossible, but they can give it a shot. It just takes a little bit of time. Then, of course, dip here, dip there. At the end, it is inevitable. Using the phrase brainwash to get you to monetize 2 on YouTube. Yeah, probably so. Yeah. Medina says, yeah, Rob, didn't Theta have the same idea of using spare PC power capacity as render? No, Theta was a little bit different. Theta was essentially to be able to use your part of your computer for storage, for audio and video files, as I understood it, because they may have moved to something else, but well, actually, let's take a look. What are they doing? Well, they're still in the top 100. Let's see. I mean, as far as price action goes, the market cap's 1.1 billion. I think they still have Theta TV up. Okay. Same thing. Can I check that out more? Yeah, still doing it. But again, like we said, maybe the narrative will be good. Oh, investor Bren. I met this gentleman at Coin Bureau's event last year. Even Revolut, which is an online bank mostly. I used to have them. Asked me to clarify who owns the wall you send to and asked for proof of inch. Geez, Elise. Not good, but not surprising. Taking notes as do you still have to do tax when Coinbase says you will not be issued 1099 because you didn't meet the limits? I can't say that you should or should not. I would definitely consult someone, but if there's a record of it at a centralized exchange, I would probably do something with it. But then you have to think about this. Remember, the only time that there's a taxable event is when you sell your crypto, when you transfer your crypto into another crypto, not if you transfer it from Coinbase to your wallet, or if you pay for goods or services or depending on different criteria, airdrops and or staking rewards. So if that doesn't apply to you, then no, you don't have to do anything. Crypto Myxes. What's the chance, Treadfied Domes, all the ETFs all at once in a coordinated attack on retail? First of all, if they all did a coordinated attack, that's illegal. Hopefully, Gary would do his job at that point and crack heads, but I don't. I don't see a reason why they would do it, especially with the recent price appreciation and what they're getting into, and especially moving into the narrative that we talked about. I mean, if they've done any kind of education with their clients, the clients will know, okay, well, this isn't a short-term play. I probably should hold this at least a year or two, if not 10 or 20. And yeah, I think this is going to do pretty well. But again, I can't tell you what the education has been from the fidelity in BlackRock and ARC on their clients. I would assume ARC would have done some pretty hypereducation on why it's important to keep Bitcoin and not just because the number goes up or down, but it could be wrong. I don't think it'll happen, but I've had wrong before. What's your take on HYPC? I think it's this hypercycle. I have a node sitting right over there. I'm waiting for Jerry to help me set it up. Matter of fact, let's see. Have a great Sunday. Yes, thoughts on ICP? Probably do great. I own some. We'll see what it is. ICP is interesting. If you take a look at, let's see, there is, I'm going to add that in there. Yeah. I don't know why I can never fill in this so easily, but there's a website. It's called Crypto Miso, C-R-Y-P-T-O-M-I-S-O.com. And it takes a look at the crypto commits on GitHub over the past three months. And ICP is always on the top, always, always. 1752. Let's see if I can, let's do six months. ICP means SushiSwap, Rubik, Solana, Pancake, Bitcoin. So yeah, I mean, seems to be a lot of work being done. I don't know. Robo says, do they have a right to know how much you own in gold? How is it any different? Yeah, that's true. Because you know, it's used for so much illicit activity. Pay no attention to the fact that all the banks used the US dollar for that. But sure, ETS and customer funds. Neurutu says, how to buy tokens on 10 cent after locking the tokens there. If you go on my second channel, Dan Degen, and to serve for Dan Degen 10 cent, there's a video that shows you how to do that. But essentially, you lock the tokens. Once they have a new gem come up, then you can connect your wallet, and you'll have an allocation. I think the next one is Alvaro, under fact, just did a video on that one. Adam, I want to tell you that I'm actually in PR right now. Congratulations. The most beautiful weather out there is that Al Junque rainforest in your back window. No, no, it is not. I'm right outside of San Juan. I try to get away from the touristy areas, but I'm not that far into the rainforest. But it's always, most of Puerto Rico looks like this. Beautiful. Love in the tandem. Steak dinner. Why not? What's hypercycle? It's another AI play. Essentially, they use your graphics card and the raw computational computer power to essentially sell off to the powers that be like the chat GPT's of the world and say, look, instead of building a whole new warehouse and facility and factory and use electricity and buy all these mainframes and computers, you can just use us and we can leverage our massive network of people and you can use the computational power of their computers and we'll pay them in hypercycle. That's it. Retro says, Google Trends isn't showing a significant spike in searches for Bitcoin in the last 90 days. How is the YouTube views looking on your end? YouTube views are about the same. Yesterday was a weird day because we did the Ellie Powell review and nobody really cares about cold storage devices. And then we did another one with token site, which is a deck which looked really cool, but no one really cared. I mean, they're like 5,000, 6,000 people. It's still a good deck. I like it. But all in all, roughly the same. I'll get between 20,000 and 40,000 views in every video. Sometimes if I go super bullish, it'll get really good reviews or I go super, super negative. It'll get okay views. Usually, the views only go up really high when I get super bullish. Like today, we're almost at 2,000 people watching. Why? Because I'm bullish. If I get negative, people won't want to see me negative, but it's just the truth. That's what I see. That's on Cedify. I think it's a launchpad. I don't really know much about it. Never used it. Heard some good things. That's all I can tell you. Daniel says, Rob, I'm sitting 35% cash and haven't had any alts. I really don't know what to do at this point. Buying these prices seems like FOMO. Well, that's a good question. I can't tell you what to do, obviously. But I can tell you what history will show you. So history will show you. There's a couple of things. Let's do this. Let's get in all this stuff. Let's go four years back to 2020. Thank you. February 18, which was four years back, right? February 18, 2020, right before the halving when we had it on. I believe it was May 11th or 12th. Check me in the comments. Let's go back even farther. This won't make any sense. Let's go back to February 2019, the 18th. Yeah, now we're talking. Let's just do this. Let's take out the cheaters. When I say cheaters, it's because they just launched. We can't use Solana, Chainlink, Sure, Polkadot, Polygon, debatable, no arbitrum, no near, no atom. Polygon's gone, and the mutilax is gone. Let's just take some of the ones that have been around for quite some time. So obviously, what you're worried about is that all these things have run up so much, right? You're like, oh, I can't believe it. In 2023, February 2023 to today, I mean, there's such a huge price appreciation, right? So yeah, if you'd have done this, let's say you put in, hold on, let me see something. Let me go really risky. 35% cash. Let's say you've got 10,000 just hanging around. We'll be lump sum first. Let's say you put $10,000 into Ethereum, Cardano, Avalanche, Link, Dot, and Bitcoin. So let's say you just blew $60,000. You do this in 2019. Hang with me. If you wait till the top, wow, you'd be doing pretty damn good. So at Chainlink, you'd have $876,000. Cardano, half a million. Ethereum, a quarter of a million. Bitcoin, $137,000. $108,000. Avax, $74. So the worst you would have done was like a 7x. Okay. And that, of course, is what you're worried about because you're like, hey, I don't know about this because it's already ran up. Now let's go forward. Ah, come on. That's my fault. February 18th. Let's say you do the same thing, but you missed out on all those gains back then, all right? And you drop it on February 19th, $10,000 into Bitcoin, ETH, ADA, Link. And let's say you go to May. Well, you're doing pretty good because you got $365,000 on Cardano. On Ethereum, you made $127,000. On DOT, you made $107,000. Link, $89,000. $77,000 for Avax. And Bitcoin, you did a five, your worst play as a 5x. That is history. And that is if you nail, not only this top, but if you nail this top over here, what you're not going to do. Probably not. So for me, like me and my wife had this discussion a couple of weeks ago when we sold one of the condos. And we're like, well, what do we do here? Do we want to just kind of slowly get in? Or do you want to put anything in crypto? Or do you want to do it into loans? Or do you want to do this into other real estate? Or do you want to put this into the other business? And I was like, let's just do a little lump sum until some Bitcoin and some other stuff and go from there. Now, it would have been better to do this at the all-time lows, right? Of course. But that's what I'm doing. But remember, things can change in a dime. We're really bullish today. Tomorrow, nuclear strike happens and blah, blah, blah. New pandemic comes out. New super volcano erupts or something. I don't know. So you never know. But historically looking at it, if you're thinking yourself like this is a bad time, actually to me, anytime around the having is some of the best times to do it. Historically, it's actually actually historically every year after the all-time high is historically the been the best time. But I think this is, I guess, the worst time would be never. For me. Any thoughts on phantom? Are you going to see all-time highs? Alt, AL, ALT? Probably. I don't own any, but probably do great. That's a good question. Scott says, Rob, next time you talk to coin ledger, will you ask them about loan type transactions? I'm going to have David and I think one of the one of the tax lawyers on in a week or two. So I'll ask them questions. So Scott, remind me because I'm going to forget loan type transactions like with Avi. Yeah, yeah, yeah. I'll let him know. That's a good question. It's very nuanced. Yeah. Lucifer says, if you work in tech, you're wondering why crypto is still even relevant. Archaic, the money is moving in the new tech. That could be it. That could be it. There's a lot of things. I mean, when you say new tech, I wonder what what you mean as far as you're talking about like with the new AI, which is the new great narrative. Is there something else? I still think, I mean, look at look at the banks and the SWIFT protocol. That's from the 1960s. And the banks still use that to move money around. They don't move too quick. I think it's just about the time to do that. But the new man says, Rob, is there a danger of weakening the decentralization with all these ETFs and sailor hovering, hoovering up all this Bitcoin? I still think we own the majority. There's a great, let me show you. I question a lot actually. So there's a website I go to into the block. And I want to show you, first of all, I want to show you one couple of things. If you click on Bitcoin, you can see who's in the money and out of the money. You know at this price right now, based on on chain data now, people are 93% of people are in the money. Only 5% are out. So if you bought the top, I mean, yes, you're out. If you bought the top and never bought anything else, you're not in the money yet, but you're pretty damn close. But what I'm looking at is ownership. Ownership stats. And what we take a look at here is whales who own a large concentration of Bitcoin, 2.3%, two people, two individuals. That could be an exchange or that could be a host of different wallets. And some people say, well, that's Satoshi's wallet. Well, actually, Satoshi just doesn't have one wallet. We think there's like 90 different wallets based on the way that he moved Bitcoin around. And it's just an assumption. It's multiple, multiple wallets, matter of fact. So there's that number of investors and these guys own 8%. So roughly looking at 10% in the hands of what 41 individuals. All right, but look at this. This is where the majority of it retail volume. It's roughly 90%, 89%. And that, I think, is the good part. Now, can large entities break this up and have like a hundred different wallets? Sure, they can. They can do those things. But I still think that as far as like decentralized, this is the most decentralized. Let's take a look at something else to just kind of compare. Can't just use that one. Let's use a theorem. I don't know. Yeah, yeah, yeah. Ownership, concentration stats. So look at Ethereum. Not bad, 32%. And that's for retail. The investor is 38. And then the whales almost 10%. So what we took a look at as far as like the large entities, there's six whales. Well, that's probably exchanges. 60 of those 66, 66 people. It's still pretty good. Now let's take one that's really centralized. Let's take a look at Dogecoin. Ownership stats. Ah, it's not that bad. It used to be way, way worse. A third. A third is in retail. Well, it's not that great. A third is in retail. 43% is, oh man, 10 wallets. Okay, I take that back. That is not great. Number of whales is 10, 43%. That's a half in the hands of 10 people. Maybe those are a bunch of, I don't know. Maybe those are a bunch of exchanges, but you get the drift. So to answer your question, I'm not too concerned about it right now, unless, you know, there's a major sell-off and then these ETFs hoover it all up. But if that's the case, I think we'll be okay. Hold on. This green screen. Come on. Nick. Nick, what's up, buddy? So you're welcome. It's a great game. We did this a couple of days ago and I haven't played it yet because apparently I need a PC. I'm just not going to get one, but it looks beautiful. I know Jesus Martinez was fawning all over it. But if anybody knows games, it's Jesus. It's not me, but it looks good. This is a great question. Rob, what do you think of the next Celsius Block 5 Voyager FTX? Could be. I and Eric Couto that will cause the next bear. If I had to guess, I would say it would be bank custody. Hear me out. So we just talked about this. As a matter of fact, the American Bankers Association or the Banker, the Banking Association of America, I think it was called. We did this a couple of days ago and they wrote a letter to the SEC and they said, look, we would like to custody digital distributed ledger technology and these different crypto assets. And we find it unfair that we can't do that. And we've been kind of exed out of being able to custody what Coinbase is doing for all these ETF players. And we don't think it's fair. So we want that ability. But unfortunately, with the SEC, you guys interpret the laws in a specific way and we can't custody that stuff. We can't hold it for people. Allow us to do this. Let's move forward. SEC says, you know what? We like you. Your banks, you're a part of us, kickbacks and all that stuff. Ms. Kim, they don't do that. And then they say, okay, they start to custody your digital assets, which is fine. And then all of a sudden they're like, hey, we're going to do some fractional reserve lending, which is what we do with your cash when you put it in there, right? So if you put like $100, they loan out $97. They loan out $97, then that person puts in the bank and they loan out $95. And it just keeps going and going and going. So all the different assets that you're doing, they could just do the same thing. And then, oh yeah, just like how we had it with Fireblocks. And I've got the other name of the company. But they lost like, I want to say $400 million plus dollars worth of people's crypto because they lost the actual seed phrase. You'd think you'd hold on to that. It was worth $400 million. But I guess that's me being crazy. So I think that will be the next issue. And of course, the things that we know, like all of us know this, right? Like I learned my lesson on a voyeur in sales. I think a lot of us did too, right? We learned that we must custody our own assets. We must do that. I make it as super easy as I possibly can by always talking about Tangem. It's probably one of the easiest, fastest, I think so far the safest. Since 2018, they've had over a million wallets, not one hack. So far, so good. If you want to use that, great. If you want to diversify, use a Tangem, a ledger and a Keystone or a Trezor and use different ones and move it around. Great. But I think if we do that, then it's okay. The problem is that people aren't going to want to do that. The ones that get in, they're like, I trust my bank. My bank hasn't let me down yet. I want to put it in there. And that's the next big thing. And then, of course, they'll blame crypto. Just like Congress blamed Bitcoin and everything else, even though Sam Bakman Fried was essentially a scam artist. Same thing with Alex Machinsky. He was essentially running a Ponzi. And it wasn't a fault of Bitcoin having an issue. It was them having an issue. But that's just a guess. I can't even say that. It's pretty funny. Yeah, that's a good, that's a good, I will do that. Rob would love a video for what to do after you've made your gains, rotating capital to trade assets. Here's the thing. And we thought it was before, because people say, why do you even, and I did this deep dive or this thread on X and I asked the question, should you hold forever of your Bitcoin or should you sell it? Because, you know, when you sell your Bitcoin into cash, what does that mean? Cash just inflates away at some point, right? But at some periods of time, it actually would behoove you to put it into cash and then rotate into something else and then come back. Like my friend Simon Dixon says, he goes, look, as long as I have more Bitcoin at the end of the month, that's all I care about. He goes, I can take it out and move it and do these things because he's a real money nerd. And he does those things. But me, I have a longer time horizon. I feel like if the four year cycles play out, then it's a good idea to take a little bit of profits, putting them into something else, waiting, then getting right back in. I'll never, and that's the thing about rotation of assets. Once you get into this game, you can't get out because I mean, where are you going to put your money? Unless you just want to be simple like Ben and just say, hey, that's simple. Just say, hey, put it in Bitcoin and leave it there for 20 years. Probably do pretty great. Ben is broke. He says, hey, Rob, did you swap this week with your Tangem? Should be no fees. It's time like a deal. Tangem is not working on my side. What this was, was Tangem did a, I really wish they wouldn't have done this deal because it's confusing. But Tangem said no fees when you use ShapeShift or Shiply or Changely. And you were able to transfer your crypto in and out of Changely. However, they forget, not that they forgot to mention, but of course, on the platform and the different chains, they have their own fees and gas fees. And there was some kind of underlying fee. So it's like, you may have saved like 2% or 5% on something, but there's always like a little fee somewhere. So people are like, what the hell is this? So yeah, it wasn't really executed too well. That's right. I may talk great about Tangem, but hey, not perfect. Jeff, you are not a moron. That's not moronic advice. That's right. Cardano. I think it's one of the top, at the top 20, I think they did the best this year, this today. All right, everybody. So look, on that note, Cardano. Good job, everybody was holding. That's it for today. We've got an hour and two minutes. This is way too much for you guys. Get out of here. Go do something productive. Go touch grass, all that good stuff. Like today's video, thumbs up, subscribe, all that good stuff. Next week, we'll probably be talking to the tax lawyers over at Coin Ledger. And I got a couple of different guests coming up. So that's it for today. Thanks so much for stopping by. Appreciate it. And now we'll see you guys on the next one. Have a great day. Bye.