 Great. Welcome to the last set of news, the top stories in crypto and bring it down to bite-sized pieces. Today, just as the thumbnail and the title suggests, it's done. Or in reality, it's just amazing how fast Russia has moved in forward to regulation. And we're going to take a look at a piece or an article which talks about just how fast they moved and everything's pretty much completed behind the scenes. So I think it's a pretty good story to see just how fast things can go when there's a lot of money able to be taxed. We'll take a look at that story. Also take a look at Senator Ted Cruz from the great state of Texas and what he did with crypto. And then finally, we'll take a look at celebrating the wins and contemplating fails. And we're going to talk about one of my pretty awful calls. And then lastly, we'll just do a quick Q&A. So hold your questions until the end. That'd be great. Because it's hard to kind of look through everything. And before we do all that, let's take a look at the market. And so just so you know that if you're here live, of course, there's no time stamps. We've watched the replay. There'll be time stamps below. So you can fast-forward ahead and move back and all that stuff. Also, the news usually takes around 10 or 15 minutes. And then the rest of the time is all the Q&A. So if you don't want to stick around the Q&A, that's fine. Or if you're watching the replay, just know that we usually news pretty quickly, just the Q&A gets kind of deep. And that's honestly, that's one of my favorite parts. All right. So let's take a look at what's going on into the market right now. And today is a pretty good day. We're almost at $2 trillion. Amazing. We almost hit $2 trillion. I'm pretty happy about that. Because we haven't seen that for quite some time. But the last 24 hours, pretty steady. I'm happy with that. Almost $42,000. Ethereum keeps above three. Happy. And then some stable coins. No one cares. Let's see. XRP up 0.2%. But look at these seven-day numbers. These are fantastic. 9% for Bitcoin, 16% for Ethereum, 19% for Solana in that number 7 spot, 14% for Polkadot, 8% for Ethereum. And it's looking pretty good. Let's see. I think big winners for 20. I know there's a couple of big winners. Axie Infinity being one of them. Yeah. Axie Infinity, 15%. It got listed on a couple of new exchanges. Also, the APY is like ridiculous, like 60% for staking Axie. That's an inflation problem. I don't know how they're going to keep up with that. But that's not for me to decide. That's for them to decide. 18%, Sandbox. There's another big winner down here, Gala Games. Up 27% in the last 24 hours and 75% in the last week. Why is Gala Games doing so well? Well, one of the reasons that I can see is that they're going to be massive. They're going to be massive. They've got a great team. They're really pumping out the games. And this was a discussion just a couple of days ago, actually about a week ago. Gala Games has 22 games, and pull this up, 22 games in development, and it's spent 150 million on development in the last 30 days. Also, I believe it just got listed on Voyager. So a lot of American investors are getting into it. I was buying it over on Gemini. It was the only cost averaging in Gemini a couple of months ago because I thought it was going to be pretty big. And I like the fact that they really put a lot of money and effort into their games. And if it's Play to Earn, I'm telling you, this is not investment advice. This is pure opinion, obviously. But I think Play to Earn games are going to be massive this year as we get out of all the nonsense that is going on with these kind of junk games that are out there. And now we get into the next evolution. So if you have people who are just free-to-play type of games, and now they're going into like, wait, we can actually get paid to play this, and we can use all the NFTs, pretty good. Also, the fact that with other games like Ubisoft that does a different free-to-play games, Fortnite and whatnot, those games made a ton of money off the backs of the players because they had to pay for all the different upgrades. I think it's just going to be a slam dunk. That's what I see. Let me want you to think about the comment section. Let's go into today's top story, which is Russia crypto regulation is moving at light speed. And the question I have right now is, why can't the United States do this? This was amazing. So we've already talked about this before, but there's a new update someone to tell you. But just to take a trip down memory lane, this is what has been happening over the last couple of weeks. This is on January 21st. Russia proposes a ban on the use and money of crypto. Now, that wasn't Russia parliament. That was the central banks of Russia. Of course, they want to ban crypto, obviously, right? They don't want that any kind of competition, and that's fine. But Russia came on and said, no, that's not your job. Your job is monetary policy, and our job is to set law. So they state, hey, Russia should regulate crypto, not ban it. That was just a couple of days later, January 25th. Then the Russia's Minister of Finance suggests not only we're going to regulate it and let it flourish, all the banks that were complaining, the central banks, now we're going to get into the smaller retail banks and go, hey, you guys should sell crypto. And then, of course, the banks are like, okay, sounds good. That's Russia for you. Russian bank deploys first digital asset manager, and they're going full steam ahead. So what happened today or recently? The Russian government to present regulatory scenarios for crypto within a week says reports. So look, I'm not from Russia, obviously, but from what I understand, Putin kind of rules the roost over there and pretty much what he says goes. And he's already said that they've got a competitive advantage as far as Bitcoin mining. Also, we all know for a fact that they want to get off the US dollar for reserve currency. That's why they're working so close with China. I just saw a report that Putin is going to China to strengthen relations, what do you think that's all about? So when we have those types of things, they're going to move forward and they're going to move forward fast because that's what Putin wants and that's what's going to happen. So here's what we got. So Russia is going to produce alternative scenarios for crypto regs by February 11. Today, it is February 6. And you know, for a fact, if this was already coming down, it's already written, it's already done, it's a done deal, and they're going to move forward. Part of the reason is Putin. Part of the reason is a ton of money is about to be made. The Russian business daily, Komarsant broke the news quoting documents from a meeting held at the White House. When I first read this, I was like, excuse me, held at the White House in Moscow last week. I was like, there's a White House in Moscow? Again, American, I have no idea what's going on in Russia. I had to look it up. But apparently the White House, also known in Russia in the 1990s as the Russian White House, there's a government building in Moscow. It's at the Krasno Pristinanskaya bank and nailed it. So on that one, I'm like, well, that sounds pretty good. And then to finish this up, they reported that the government has drafted a regulatory roadmap signed by Deputy Prime Minister Dmitry Chernaschenko. Got that one. The regulation of the crypto market has been outlined in the letter by Finance Minister Anton Swolnov to Prime Minister Mikhail Mushristin. They agreed with other departments and regulatory bodies, including the ministries of economy and digital development, Russia's financial watchdog, Rosfin monitoring, the federal tax service, and the federal security service. So here's my question. Here's my question. If they can do that that fast, if they can pull all those agencies together and get their S together and go, you know what, we're going to regulate this. This is what we want. There's a lot of money we made. Let's do this. Why can't America do this? It's like they're dragging their feet on purpose. Let me know what you think about the comment section. But it seems like when agencies want to get things done, things get done. And that's it. It's actually refreshing to see. Not that I want to move over to Russia. I'm just saying. And lastly, this is what all comes down to. This is really what all comes down to. The money just moves on. The world moves on money. Let's be honest. Russian citizens have 12 million crypto wallets with coins worth around 2 trillion rubles, which is about 26 billion, which is okay. But there's one more piece. Knowledgeable sources quoted by Bloomberg revealed that the government is also working with a much higher estimate, according to which Russians own 215 billion in cryptocurrency, which is roughly a 10x. So if you're wondering like, man, why is Russia moving so fast? A couple of reasons. Getting off the US dollar, the reserve currency, do their own thing, get tax, get paid. The same reason why marijuana became legalized in the United States after Colorado did it first for medicinal, then recreational, because there's a ton of money being made. And that's really what it comes down to. I hate to tell everybody that. So that's the first of two stories. Check this out. It gets even better. So Russians mining crypto to pay at least 15% tax, companies no less than 6%. This is what the lawmaker says. So the personal income tax levy for individual crypto miners withdrawing their profits into the traditional finance system cannot be less than 15%. This is the head of the industry committee at the State Duma, Vladimir Gutenev. The minimum tax rate for companies or sole traders engaging in the minting of digital currencies as a business activity should be at least 6%. I got to tell you, 6% is not bad. I'll say I'll pay 6% all day long. That's fine. And then as far as the crypto miners, I'm not a miner. So let me know what you, if you're a miner out there, let me know in the comment section how much you're getting taxed. But I would assume it's just depending on the section of the world that you're in. If it's capital gains tax, it's capital gains depends on long and short term or if it's your individual tax bracket or whatever else. But I know that like in France, it's super high, America as high, California super high. So just let me know. I'm just curious. Then lastly, Gutenev explained at a press conference that of cryptos that are be treated as securities in the Russian Federation, income tax must be paid when the mined coins are cashed out. And that's right. Right now, I don't know if you're aware of this, but right now, the law in the United States is that if you stake a cryptocurrency, let's say you stay Cardano and you get a reward for the staking, you are liable for taxes. It's like unrealized, unrealized tax gains, even though you haven't cashed it out. So right now, that is an actual law. Now, they're fighting that in the court system right now. There's a, there's a couple from Tennessee that are taking the IRS to court. Hopefully they win. But that's what it is. But that, what Russia just did made total sense. And again, it's just the laws that are coming in, they're already written, they're already ready. They want to tax the people. I think people, in all honesty, if they're like, well, 6%, okay, I'll take it. I think they'll be like, fine, that's it. I'm making tons of money. Everybody's happy. So let me just think about that in the comments section. Let's move on to our next piece. This is very fast after this, Ted Cruz. If you don't know, he's a US senator here in Texas. Some people love him. I'm just kidding. Nobody really likes Ted Cruz. And some people hate him. Some of it isn't different. I don't know. But not, not political. It's just what it is. So this is Ted Cruz right here. That's the guy. And Senator Ted Cruz disclosed the Bitcoin purchase with her up to $50,000. So look, Ted Cruz just moved up a couple of notches on my ladder. Good for him. The Texas Republican bought between, because you have to do disclosures when you're buying these assets. And Texas Republican bought between $15,000 and $1 to $50,000 of the crypto on January 25th. Let me know if you think he bought a full Bitcoin after this next sentence. At the time of the acquisition, Bitcoin was trading around 36,000 to 37,000 during a sell-off. And he bought somewhere between $15,000 and $50,000. I guarantee you, I guarantee you, Senator Ted Cruz is a whole coiner and some of you aren't. Got to be a whole coiner. Investment of pain. And this was the interesting part is that unlike Ted Cruz or unlike that, I use just regular exchanges. I figured out how to use a ledger. Not extremely difficult. I custody my own assets. But Ted here used the Brokerage River to make the transaction. I looked up River Brokerage is like three of them. One is in California, one's in Romania, and then the other one's in another part of the United States. I don't know which one to use, but it doesn't really matter. He used the Brokerage to get crypto. I think that's what really rich people must do, because they don't really want to deal with stuff. They're just like, make me money. And that's it. But it's super easy. If Ted wants to reach out, I'll help him out. And then lastly, I thought this was interesting, because be aware of the people who are fighting for you, like Cynthia Lumis on excuse me, Wyoming. Cruz has been aligning himself with Bitcoin recent months coming as Texas emerges as a Bitcoin mining hub. That's right. When China shut everything down was like a gift from heaven, because now they opened up everything in Texas. And if you're opening up a bunch of different businesses in Texas, that's job creation. And you know what who really likes job creation makes it look good senators in the state or politicians. They love it. So of course, I think they're going to go off. They're going to work. You spoke on an August against provisions and the bipartisan Senate bill that would have included new tax rules for crypto trading firms. Good for him. In November Cruz proposed a resolution that would allow food vendors and other merchants serving Congress to accept crypto as payment. So look, I like what Ted's doing here. Sounds pretty good. And I know, like some people are, you know, on my channel, some people are super political. Really, it's not so much about that. It's just about investing types of things. So I don't really care on certain things, but if you're going to be a part of this revolution or trying to get things out as far as crypto, so much the better. I'm happy for it. And that's it. So if you're going to give me a thumbs down, give me a thumbs down because the video sucked, not because you hate Ted Cruz. Anyhow, that's it. Let's move on to our last piece and we'll get a little Q&A. But this one, I just want to show people this last part here. You got to celebrate the wins, right? I mean, because we've been getting slaughtered out there for crypto. It was a tough couple, I mean, since November, December was not good. January is even worse. And then now we're in February, not so bad, right? So celebrate the wins. And I had put out this tweet and I said, a little over two months ago, we did a deep dive into the game against Okishi. And I told Javi Bayan, not because I'm a big gamer, but because I'm an investor and this one looked great. Congrats to the team. And this one went from essentially zero to now it's almost, I think it almost, it touched 92 cents, now we're at 77 cents. So again, I think I want to focus more on gaming as time moves on. I think gaming is going to be big and the tokens that are in those universes. So I put this out and someone said, yeah, Rob, what about your failures? I'm like, oh, I got a ton of those. I mean, if you want to stick around. So there was this one and I said this, I go, the next one I said is, hey, I make some good calls. But remember, nobody has a crystal ball and I'm not different. Here's a bad prediction. This is my $30 end of year Voyager prediction. And I'm sure people are like, you moron. Sure. I really did think it was going to go to go that high. When I called it, it was at 29 cents. And then it went to up to $7 and I went back down, that's around two bucks. So I thought it would do pretty well. Teams pretty good. The tokenomics went a little bit wonky. Once they got the loyalty program, I just had Steve, the CEO of Voyager on. But just know that I screw up here and there and nobody's perfect. But you have to you have to call out your bad calls. I'm not going to do this every week. Because geez, if I call my bad calls, one can anything done. But yeah, this is just one of those things where like, you got to celebrate the victories. You know, again, Sukish is a pretty good one. I think there's some other other great plays out there for gaming. Just if you're looking for other games, look at Dan Clips. I've done all the different things that I've talked about. There are like upcoming things I talk about on digital asset news clips. It's not the news. It's different. So I remember seven, eight months ago, we talked about World of Mobile token. That worked out pretty well. And then we talked about Mel. Mel's doing fantastic. And we talked about Gensokishi doing pretty good. Unfortunately, some of these aren't don't really work out. And you just have to step up step up and go, Hey, that's that one up. But it's just interesting to me how because I want to do I want to do experiment. And the experiment was I want to see I wanted to see just how much traction the negative tweet tweet would do as opposed to the positive one. And if you can just see like this other tweets like three hours ago, not that many likes couple of comments, but the negative one. Oh, yeah, people, you know, almost double the likes and the comments. And that's only in two hours. So just remember that the things that are out there is a lot of negativity, a lot of things going on, but celebrate your wins. And that's it. All right. So that's it for the news. Roughly took about what 15 minutes or so. So now we're going to transition to the Q&A. If you're done with the news, I want to stick around. Adios. Thanks for stopping by. Thumbs up, subscribe, all that great stuff. Other than that, let's get to your questions, huh? All right. Hey, there was a good I starred somebody. Ah, this is a good one. This is from the beginning. Alex says, Rob, which debit card do you like better Voyager or Stormmax? Another question yesterday was Rob, since are you on the VIP list for the debit card for Voyager or something? I'm like, no, I don't have it. And I'm not a VIP. So I don't I'm still waiting for my Voyager debit card. Damn, I'd like to get that. Because I think like on Voyager, how do I say this? So on Voyager, this debit card that comes out, you know, their their APY on their stablecoin USDC is like 9%. It's a lot of money. So like if I could just stick my get out of my bank and put the money in there and then use a debit card for my transactions and also pay my bills, why wouldn't I do that? And before anybody says anything, sure, I'll shield Voyager. What are you going to do? I'm biased. And I only talk about the things that I invest into. So just trying to be honest. All right, that's all we got. So, oh, man, my man, what's up, Mullet, Digital Action News, Clarence Thomas, 100 bucks, Rob. I'm also in Puerto Rico. I will watch a YouTube channel. I'll compensate you for a little bit of your time and feedback prior to launching the channel. Okay, you don't have to pay me. I'll tell you how I do it. Just use this thing called StreamYard. That's what I use for these these shows. Other than that, it's pretty just being consistent. And some a lot of people won't, they won't put out the content. They'll start off a little strong, like everybody in business, right? They'll start out strong, they'll keep doing it, keep doing it, keep doing it, and then guess what? They just let it slide. If you can just be consistent, that's the big thing. So look at this. I've been doing this for two years, at least at one video a day, except for, you know, the holidays and stuff like that. So that's what it is. So that's all we got. All right. Rob, what's your take on Doge and Elon Musk? I think Elon Musk is a genius. He's moved us pretty far. I know he's not like some people say, well, he's awful for crypto. But in all honesty, he was a lightning rod. And remember, we love him when he started to accept Bitcoin for his Tesla's, right? Which nobody used Bitcoin for the Tesla. And we all loved him. And this was what started off that bull run was that statement. So imagine when he comes back and now he's going to use Doge. I could care less. Look, I still think that Elon has a pretty heavy bag of Dogecoin also. I think Mark Cuban also has a pretty big bag of Dogecoin because he's accepting Dogecoin for merchandise for his basketball team, the Mavericks, Dallas Maps. What are you going to do? All right. So Melanie says, if you're a 9% of voyagers, that means you keep money on their platform and is insured. No. So that is the big thing. The only Coinbase has FDIC insurance for their money, which is the US dollar. So if you turn that into USDC or Bitcoin or Ethereum or whatever else, there is no insurance on that one. I think there's other places that do have insurance, but I'm pretty sure Voyager does it. Because remember, Voyager is a brokerage. So it depends on and they just use, are they tapping these different exchanges? So it's not like Voyager has it specifically. It's these exchanges they have. So no. So you have to be aware that there is risk, but there's risk in everything. And that's why I always talk about do your own research and it's not investment advice, investment opinion. Coinbase stores and cold storage, true, but they also, they have some on their hot wall for trading. So that could get hacked, but it's not a lot. You're right. You are correct. Elon is corrupt and greedy. Maybe. Bridge bridge question to Ron, I guess that's me. Russia update. They're going to legalize crypto and they have everything written. It'll be out in February 11th, which is next week. There you go. That was the whole, that was the whole show. The sandbox. Again, that game will do pretty well. I've heard different rumblings of issues with developers and people unhappy over there. That's just hearsay. Do not sue me. But I mean, what company doesn't have its animosity and problems within it? So I think it'll still do well just in the name alone. Will it be the end all be all great crypto digital asset game of all time? I don't have any idea. That's it. Is Solana centralized? I don't know, but I'll tell you this, me and Ben, we're talking about this from the crypto verse. And like to set up a, to be an operator, to be a validator, node operator for Solana, it's super expensive. Like it's out of the realm of anybody, anybody who is just average Joe below. You don't believe me? Go to websites, figure out how much it costs to set up one of those. And that's why like, like I have a Cardano stake pool. Ben's got one too. I've also got an avalanche stake pool. Ben also has one. But Solana, we don't have one. We looked into it with our teams. And it was just way too expensive for us. So as far as like, is it centralized? Well, it's got a lot of those nodes and things like that. But is it for the average person? No, not that I know of. All right. Jeez. I guess so. Are you giving me a bubble jet? So I talked about this. So you play your own games, cornucopia is built on Cardano. I think it's gonna be pretty well, pretty well done. I'm hoping and I put out they did a NFT release of this bubble jet and you could win one. I think it's over now. I am not, I'm not a big gamer. Just not. I just look at that's where people would actually probably spend some of their time and some of their harder money and play and earn the games and what all that stuff. I look at cornucopia as it looks like an interesting concept. I don't really care about those NFTs, what I do care about and what I will do. So I will buy land. I like physical land, you know, like stuff like this. And I also like virtual land. And I think, and people say, Oh, why is that? Because it's all about where the eyeballs are. If you just think about the marketing aspect of it, marketers, businesses, they pay for marketing, right? And at first, it was radio. Radio was huge. And you could actually do ads. I did ads on radio a long time ago. And it didn't do anything, because no one listens to radio that much anymore. I mean, they listen to radios that are driving, but it just was like one ear out the other. And then it went to television. And now it goes to social media. And now it's on social media. That's why you see all the ads in YouTube and Facebook and things like that's where all these people make a ton of money. Well, now it's going to move into, I believe the metaverse as people start to do it in a creative way. So what do they need? They need virtual land. I know people will say, well, you can teleport anywhere you want to. And then you can go around and you won't be able to go through those ads, which ever stand, even if you teleport into those lands, if you make the lands like someplace where somebody wants to go and actually play and spend their time, you can sell a ton of that for ad space and then make a good amount of money. So that's what I'll be doing. So to answer your question, court of copious, I'm just going to buy a bunch of land on when they do the NFT sale. Ah, Nexo has insurance. I don't use them. So I don't know. But if they have insurance, great. Definitely something to check out. And the, well, the question you really have to ask yourself is, are they ensuring your cryptocurrency that you are loaning them out? And then how much? Because I know there's a limit. There is never unlimited amounts. So just take a look at that. And is it the crypto or is it the actual cash that you're gaining the yield from? And what kind of crypto are they accepting? Is it just Bitcoin or is it just a big plethora of different ones? That's the question. Is near protocol a future top five crypto potentially a lot of level ones. I've been, I've been putting out my money in a lot of different places and near as one of them. Phantom is another one. It's good. Rob, is there a pro Bitcoin pack? You know, there's the blockchain alliance, which, and the, and the, the patent group, COPA. But COPA is just for the patent association. Like you, you'll have, you have Meta in there now. You have Coinbase. You have Gemini in different places where they can actually share and use their patents. But I think the blockchain alliance, I know I follow them on Twitter. I don't think they have a pack per se, but they do meet with representatives in Congress and talk about moving along the agenda. So I don't think there's a pack right now, but that'd be good. I see a Dow coming. And that's it. What did I miss? Did I miss something? It's a great question. It's a great question because I agree with it. The Islander says, do you think a crypto race, US versus Russia is finally beginning. I did a video on this. It says the next big race. It was like a week ago. And when we, all those different articles we talked about, it only makes sense. Look, Russia beat the pants off us in the beginning for the space race. And of course we caught up and it worked out okay. And then for the internet, we crushed everybody because we allow it to flourish by getting a little bit of regulation, Law 230, which allows people to actually say things on these social media platforms and websites without the fear of being actually persecuted or sued for someone who says something crazy on your platform. And that was allowed and it allowed the internet to flourish. Now what we're looking for is, hey, we need the right regulation to make this actually go through so we can all get in and play in the game and we can all have a great time. Right? The thing is, is that Russia right now is beating us. China is beating it right now in the winter Olympics right now. They're allowing athletes, not in America, but other places, they're allowing their athletes to download the app to use the digital you want. And it is tracking them like crazy. I can guarantee it. Why can't I can guarantee it's China. So if it's a digital you on and like, oh, this is so easy, I can do like this and I can move between different currencies and I can buy such blah, blah. How long do you think before, before people are like, why do we use the, the, the dollar dinosaur use something like a, you know, digital digital you on, I don't think we'll ever use it here, but whatever. So yeah, I think there's a space race and I think America is losing and it's because we're dragging our feet and we're just like a big corporation that is just top heavy with people who are in management. You ever try to get things done in a, in a huge corporation? Well, it has to go through this manager and the mid-level manager and the senior VP and then the operations and we'll see when we'll get back to you. Startups are the ones that do it. Mullet says, keep the comments crypto related. Don't want to go off. I mean, heck, why don't we just talk, talk about religion? Just kidding. I would kill this channel. I think that's it. And this is a great way to leave it off. Dave says it right. Mass adoption is gathering pace. So look, a lot of things going on in the space. I think we're all super early, like people talk about some people say, no, no, we're not early. We're like 70% done. We're super early. Trust me. And I think that's, there's a lot of gains to happen as time moves on, but we'll see how it all works. And that is it for today. So thanks so much for stopping by. I appreciate it. Like today's video, thumbs up, subscribe, all that great stuff. I'm going to put two more videos right here. One is about the crypto space race, which would be a pretty good one, Russia versus US. Hint, Russia's winning. The second one will write random. I'll let, I'll let YouTube pick it. But thanks so much for watching. I appreciate it. And I'll see you on the next one. Bye.