 Howdy from Houston missile ice dream. I'll just tell you it just kind of goes over some musings about the potential problems that people could have with With Bank collapses and who knows Alberto says people bring too much faith in AI and it's true So in that piece there somebody else Answer the answer the questions that you know, even though chat GPT and AI sounds great They still make mistakes, which is very true. So I don't see that chat GPT will replace doctors and vets And everybody I just think they will improve what those people do. So like if that veterinarian would have ran Those lab tests through jachi chat GPT and says give me a list of possible diagnoses They wouldn't have you know had to go down a second route. So I just think it'll just improve everybody Yeah, let's see Rob, I heard the government in the UK for been all banks in the country to accept card payments Has forbidden all banks in the country to accept car puns for crypto exchange and think about it. I Don't know if this is a lot. It's already been passed or If this is a law that is on the table, I'll let you know But I haven't heard specifically anything and I wonder if card payments are credit cards or debit cards A lot of nuances there. Let's see Yeah Any coin that capitalizes good afternoon? You feel safe in Puerto Rico not everywhere just like every other city. That's I've ever lived in House Puerto Rico with taxes pretty darn good. And then a couple of videos on them. You should check them out to I think that's it Anybody looks like nobody has any questions. This is and must know my job just enough Okay, it's not true. I have friends in the UK and they're okay buying crypto. Don't spread false stuff Yeah So can't really speak too much. I haven't heard anything about it Question when you cash out next bull run will you still run your card on a pool? I've been sticking with you for years now. Just wondering. Yeah, well the queue the pool will keep going but this channel will end this channel the next bull run The channel will go away and and it's gonna go away because There's a plan is When you when you get into any investment you have to have your exit strategy and there's at some point that you say, you know what I just There's a way to implement this and and get out so I'm going to do that and then I'm gonna step away from the show for quite some time and I won't come back until the next bear market, which is the exact opposite Which is what a lot of youtubers do they'll leave in the bear mark and come back in the bull But that's just what I want to do Uncle Fester white all these youtubers actually don't have all day. It's Sunday where you got to be well people have lives Like this morning. I was I mean you walk the dogs came back a little cleaning and now here we are Crypto poppy says Rob through some digging has been shown that CZ is controlling a huge amount of the Bitcoin supply We the BUSD that he's turning into Bitcoin other things you trust CZ. I Don't trust anybody. I don't think you should either you shouldn't even trust me So everything that you hear on this channel. You should double-check and verify. So the whole thing with and I had heard this before that CZ was going to be moving his BUSD a billion dollars worth into Bitcoin. I was like great. Hopefully he does it. That was what Sam bankman free was supposed to do with FTX. He's supposed to have a billion dollars worth of Bitcoin to buy and he didn't and Million dollars was all they had into it. So Not for sure Rob falling here on Twitter is my best move in 2022 glad it worked out for you Robin even audited in the past that's true But have you been audited during your time in crypto since 2017? No, not one would but those days are coming. Ah Uncle Fester This is the same guy telling everyone to buy Voyager. Yes I believe I did say that and I did believe I said that Voyager was a great platform And VGX gonna $30 100% true. However, there's a link In the description Fester I Talk about as many times and I have no problems answering it again my Celsius Voyager timeline June 12th at 11 a.m. I put a video out said hey probably going to take anything off of Celsius ASAP I just came back from Consensus and I heard some things and I didn't like it take your your funds off Celsius And that was at June 12th 11 a.m. June 12 9 p.m. Withdrawals were frozen on June 20th, I did the five rules June 22nd I said it take all the crypto off of Voyager as soon as possible That's because it's a publicly traded company and they put out the information that They had given a 640 million dollar loan To three hours capital. I thought it was ridiculous because it was uncollateralized. I said you'd probably take it off When the facts change I change then on July 1st withdrawals were frozen so Uncle Fester, you're right. I did but You know things work until they don't And that's just how it is. It's like if you bought blockbuster as a stock Probably should have got it at some point just saying All right. Let's see smash the like button Crypto man is the best to stack and save crypto or user for payments. I mean who knows? I mean the future maybe there will be no cash. Maybe it'll just be bitcoins a reserve currency the world I don't think it's gonna happen anytime like in the next year or so We'll see Ram tutorials when the free airdrop flappy bird for subscribers. Follow me on Twitter. I'll let you all know about that Sometime probably June looks like Some would go Our questions are not going through no Igor Let's see Roses flappy birds on interesting club right a bit of how it works. So flappy bird We have the IP rights and it's gonna be launched on web 2 version soon I know we're just waiting for Apple to approve it and you can play it on Apple nothing really spectacular It's the same not the same. It's a it's an upgrade I think but that's just a mindless casual game The big thing is when it comes to web 3 and you're actually able to play it get flappy tokens get NFTs racing against other people and we call it Wind to earn so you'd be able to play against other people use NFTs when the token take those tokens getting for you know Swap them for whatever you want to go from there. That'd be the interesting part That's in a nutshell And of course she gets a if you don't like me who likes to play but doesn't like to play like the super serious stuff That's not a bad deal. Do you still buy gala? I don't but I still own gala. Oh, yeah, we bullish now I don't know what's gonna happen the short term the long term looks and pretty good When is the next bull run expected to happen? I always thought it was gonna be in the four-year cycles 2025 and beyond But who knows it might come earlier Maybe do the show once a month. Yeah, maybe just to check in with people. Let's see. No CBDC Yeah, catch the replay Which I will probably take this video down. There's too many errors quite honestly if you're watching the live stream congratulations Robbie heard a Luxo. Yes, I've heard a Luxo. I like the long answers NFA. There's plenty of crypto banter already I like the pre-determined questions crypto the experiment vision. Yeah I Always hate when I make mistakes. It's always a problem. What can you do? Okay? party at Rob's Charles Hoskins says that you need proper programmability to become a world reserve currency letting you can't do that. It could be true We'll see. I think we're all screaming Kareening towards a CBDC anyhow, we'll see if that actually plays out What platform is that floppy bird on probably polygon? Talked to we've been talking to polygon group for a little bit now and that seems like the most reasonable choice the other ones were just just didn't really Get things done for us. We'll say the next parabolic rise 2024 on 2025. Maybe 2024 could be the beginning. That's when the next Bitcoin halving is in March or April Dez says Rob. I wish I can tell you what's happening this way. I wonder what is happening this like this? Bellagio might be correct. What about Solana? I don't know They can just stay up you know, I Still own a little Solana. I sold some for a while a while ago But I just haven't accumulated anymore. I just didn't really see because it might be the next greatest thing of all time but you know Sometimes the greater technology doesn't doesn't win out Look at laser disc Vers VHS and and DVDs, but your desk was far superior just then work out. This is an old man's History of technology Thoughts on Powell's next calculator move, I don't know some people think that he's going to Some people think he's gonna cut. I don't think he's gonna cut rates I'm bullish. Well, that's good Check out Tom's channel real great channel if you want to do learn things about trading and TA and stuff like that good stuff Yeah Coins and bills and gold on program later. Yeah, you know a lot of people have asked me What if I just put my money into into gold? I said, well, you can do that But just don't buy paper gold. You can buy gold online. What's that gonna do for you? You know, oh, yeah, this is this is the real deal and like whoops, we didn't have it So you got to buy real gold. Oh boy guns. You want to do that? Maybe one more 25 basis points in time Chin up Rob. I owned a private island was betrayed by my best friends. Things could be worse. That's funny The picture makes it good coins and bills aren't golden from ground wall. I had a beta max Let's see. What is this? What happened to saying by the dip? Still there. It's just kind of one of those things where it's like, well, I mean At some point you can buy the dip and buy the dip, but you know dipped out And if you bought the dip in 2022 You were buying a lot of a lot of lower loaves until we get to this point and it was actually like Actually, I gotta tell you Ben was right. You know, he's like, I'm not buying anything he's still not buying anything and All the things that I bought I did what's called micro DCing for quite some time just two months ago I started back on my DCA program and it's working out pretty well so far But who knows? but You know, I still think this is going to be a pretty rough year and especially in the second half, but again Every time people say that the recession is coming it doesn't come Every time every time there's so many people saying this is definitely going to happen. It doesn't happen. So Oh, this is a good question Rob, what's your realistic expectations for bitcoin end of year 2025? This is very simple Bitcoin end of year 2025 will be between $10 and $250,000 Mark that that is it. I'm gonna nail that prediction. I know it Hmm Robert Converse is Rob. Can you explain or how they rank crypto coins, please? Yeah, it's pretty simple So, uh, they just go by market cap that's it so like Bitcoin as the most market cap 538 billion The next one 213 79 51 33 and down the line That's pretty much it just money then they dominate that in dollars, which is kind of weird, but uh, whatever It's it's a pretty accurate prediction, Tommy Then it goes at 230k or it goes to five dollars Also true. Yes, exactly and Yeah, there's a lot a lot of people bank stream yesterday 50 000 views But it really comes down to did anybody really get any use out of it? That's the big thing El Cocoa It's my favorite. Oh excellence Should I invest in arbitrum? That airdrop is pretty sweet. I will tell you that I don't know I'm not gonna invest into it anytime soon. Yeah I'm just not going to and that could It could probably just blow up and it'd be one of the very many many many things that I miss but Right now you have to take a look and Don't denominator things in dollars do not make things in bitcoin you know, are you Are you gaining on bitcoin or are you losing as ben would say are you bleeding against bitcoin? That's the real question because if you if you're bleeding against bitcoin What's the point and just buy bitcoin make it simple? You know, it's like sometimes I know there's way better like upside To like a crazy altcoin, but there's a hell of a lot more risk just how it is And you get into it. That's why I like, you know, I spread things around But the majority always goes into bitcoins the safest option In the most volatile asset class. I think So you have to really ask yourself that and You know safer games are there You mentioned Good point. Thank you. You mentioned that you aren't buying any more gala. Why is that? buying a bunch of other stuff so I don't know which ones the layer ones are going to make it, but you know, it's always it's the same thing every day I use coinbase because I try to support them I Signed up for that coinbase one where it's 29 bucks a month or 19 bucks a month if you pay for it At a yearly rate and up to $10,000 there's no fees, which is pretty nice So I just pay 19 bucks and then I buy bitcoin ethereum chain link cardano Avalanche near And some other things Let me see No, not that one Uh little algorand cosmos Oh polygon. Yeah, of course I forgot polygon for some reason. Yeah, I've been buying polygon even in my my micro dca days It's working out pretty well. Those guys are crushing it and um I see The gaming sector being the big winner of that one So I mean polygon me personally things can do quite well, especially when gaming takes off It's a good question shrooms, which is a pretty good tag name Can explain the store of value versus the store of price? What value are you putting away? Well, take a look at this There's a picture that really helps to Accentuate these things A store of value There it goes. Let me bring this up. Let me find Oops, so look at Here So store of value Let me get rid of this If you think about it like like so In 1980 Which I was around at that point, you know 20 bucks gets you a lot of food A lot of food You know, you could you could fill up your your grocery basket and this is this is all talking about inflation Yes, but as a store of value, you will notice that You know in 2011 You know one bitcoin was worth roughly 20 40 bucks. I'm around 20 30 bucks So the same time frame that same money is not a good store of value Actually, if you had that same $20 in 2000 it buys you about half and in 2022 20 bucks Especially you're in Puerto Rico. It's not going to give you squat. It's going to be able to buy you a gallon of milk And oikos yogurt, which is why I eat constantly That's it and then That same one bitcoin In 2021 what did it get you a pretty nice car? 69 67 thousand dollar car, which is yeah, it's a nice store of value A store price sure store of value And then if you take a look at gold as far as the store of value Well gold's been pretty flat, but I think it's going to do pretty well So if you're talking about like a store of value, if you just kept that those dollars in the bank It's actually you're getting eaten away at the silent tax, which is inflation So just remember that graph every anytime people say well, it's a good store of value appreciation of value And you know when I was growing up My parents and grandparents would say all you got to do is just stock money away into your bank account And you'll get a you know Nice savings and build it all up And that's all I got to do get a government job work 30 years retire Get a nice pension That doesn't exist Well, that's not true. It pensions do exist if you have a government job if you're like Nancy Pelosi That's a pretty sweet gig Actually the military, I mean still retired that way, but like big corporations and pensions and things like that. Good luck And then storing your money in a bank account. Good luck. So That's the one way to look at it Rob on your videos is intentional. I'm using the end of some of them. Yes, it is. It's my intention It's very easy. I just put it in Right. My minivan is a store of value Like 2018 dodge grand caravan sweetest car you can ever have And people always say why don't you just get it like an upgrade? I'm like, have you driven the in a nice Dodge grand caravan You know towed around everything you want to good gas mileage. It's paid off. Why wouldn't I There's no sense to me I don't need much Do you live in rincone? No, I live in white nabo rincone is like, uh, it's a sleepy surfer town That's why I describe it. I'm not a big fan of that place. It's kind of away from it's nice, but I just wouldn't want to live there Yeah, louise rob. Will you begin the dca out after the pie cycle top person? That's a great question And the answer is yes And actually I use a bunch of different indicators one of those is pie cycle top one of those is risk and bands the other ones mbrvz score And a host of others and actually there's a video I did Which is in it's a link in all my videos from now on Where if you here's today's video And here's that coin beer vs. Tama. Here's jeff booths ai nightmare scenario chat gbt in this one right here Why and when I'm selling 80 percent of my crypto? And I go over all the indicators and how I did it the last bull run Which was just fractals just overlaying price relays and going from there But now I'm going to get a little more technical and you can check it out Or if you want to just go to dan teaches crypto. It's 100 free website and go from there What no sound I think I know what happened with that sound issue I think it's because there's an upgrade to the software I use and they think it's background sound. So now I got a I know I got to do I just wish they wouldn't have done that But that was on me How about storm x how about storm x? So bitcoin dca says when you dc out Where are you putting the money a bank that can fail and wipe you out or a stable coin that could fail and wipe you out This is the thing. You got to you got to think about this it comes down to How stable and how liquid you are? So think about that way like you can take all your funds all of them and you can roll it all into Into real estate or land or your business But you know, it's all depends on liquidity. So like again, like I want to be somewhere where I'm a little bit liquid So you want to have a little cash on hand and that could be like physical cash. Remember that physical cash. I don't know about you but uh If I was in the cartel still Just kidding if I was in the cartel I wouldn't want to use crypto Because everything's on chain. Why would I do that? What I really want to do is Use physical cash now to move things around a little bit difficult. So that'd be a problem But uh, I could do that or I could use like art pieces Seems to work out pretty well for different individuals not saying that all art is like that but cash cash is it's It's untraceable you can do whatever you want with it I can I can pay anybody who wants to and it's up to me really to disclose that to The irs which I always do So if you were listening irs, I always do that But I'm just saying if you didn't want to you do very hard to prove very hard Very hard Shroom says that it come across your mind to change banks in the last two weeks. No didn't Even cross my mind honestly because I have first of all I have less than 250,000 But it did cross my mind to put everything into crypto that did happen But I did not but I did put a little bit more So I increased my dollar my dca strategy a little bit see Uncle sam will take 30% my state 20% they'll be in cash So this is uh, where we go here Never idea 100% committed. That's true Tom is right. It's a bad idea Rob is too much faith in small banks. Yeah Gotta faith in something but that's just it like You understand it's not The only bank I use and some people will say well, I only have one bank. Okay. I'm just have one bank But again, might not be a bad idea just to hold some cash on what how about this Just to make things very simple want to be a good idea to hold cash gold bullion Bitcoin crypto And leave some on the bank I think that'd be a little bit safer than saying, okay I'm gonna put everything into bitcoin everything in the bank or everything in there having everything in one spot I don't think is the greatest thing but some people will say well rob. That's how you get wealthy a concentration of wealth That's what's you know warm buffett will talk about and I will hear from here to tell you There's a big difference between you and warm buffett and even warm buffett makes mistakes So I'm not that smart So I will just diversify a little bit and uh, something goes wrong. There you go I will tell you I have friends here on the island Who put a ton of money into luna? Because they thought it was going to the moon quote unquote And that didn't work out and those people no longer live on this island because now they cannot afford this island So just remember that Ah, how many days left till we had a million for belage's bet? I don't know. I don't think it's gonna happen So I I can't even keep up Alessandro's uh Tom crown what being crypto is a bad. I think Tom was talking about being a hundred percent in crypto was a bad idea Where do you see crypto in the near future? It's hard to say like if it wasn't for these bank failures I would have thought that with the upcoming recession, which I think probably happened, but I could be wrong I just thought that we'd be locked up with uh With stocks and everything else and things would just go down But now that I see that the banks collapse and people going where should I put my money? I see that there's a there's a line for our real use case For mostly bitcoin and you're gonna see right now bitcoin is Is beating most of everything else. There's some some cryptos that of course That will outperform, but uh overall I think it's okay let's see building cash 21 cash is a position bank That's the wrong of that Yeah, I have a I use a credit union El Paso El Paso Fredo credit union Exactly my local supermarket doesn't accept gold exactly That's why you know I mean I I can still use gold. I's not well you can still use gold Not a lot of people will accept it as payment though When Ben Cowan Arthur Hayes interview, I don't know I talked to Ben about that. I'll be an interesting one CBDD CBDD CBD's CBD's Good evening Thoughts on chain link. I don't see why it's such a laggard It actually has a really use case pulling outside data into the blockchain which it cannot do as an oracle That's it. So I think I asked her everything. So everybody look Thanks for stopping by. I appreciate it Uh, I got a lot of things to do before we have a flight out of here On tuesday and we're back to houston for a little bit see the family And then back to El Paso. So whole new green screen for everybody, but that's it for today So look, thanks so much for stopping by dealing with those little errors, but that is all we have So stay safe out there Buckle up. It's going to be bumpy, but that's it. All right, everybody. See you guys on the next one