 Now, let's get into a little Q&A, which is part of the show, and here we go. John Cutter had a good point. Every day is something new. It's something new. I think that's a negative one, but expect this to keep happening. Expect this contingent to happen. So in all honesty, don't be surprised when it does. Focus on the things you can change and the things you can't change. You can't change these companies collapsing. You can't change the markets imploding. But what you can do is choose to invest into something, stay on the sidelines, take profits if there's any profits, or just get out and just wait for something else. It's up to you. There's a lot of options for you, but you can't change everything. What the heck? Who's this guy? Speaking of things you can't change, there's one mallet. Old Bear Ben is a new barring place with an open mind. Ben is in a new marketplace. Mallet is now in the beautiful state of Florida, golfing. Got out of that frozen tundra, AKA Chicago. I don't know why he was ever living there. Eric's got a good point. Crypto ain't dead. It just isn't pretty. It's very true. Ah, thank you. Loving that brevity. I'm going to spoke. Bitcoin forever. Old Bear says crypto is just kicking off, tokenization going over. Yeah, perhaps so. Vicky? I feel like it's not going to ever start like Starlink. You know how much that costs? No way. I want to say between $100 and $200. Correct me where I'm wrong here. And then the setup cost is even more higher than that. And I'm not doing that just so I can have perfect internet all the time. No, thank you. What is another question that I get a lot about with World Mobile Token versus Starlink? Like, well, Rob, wouldn't Starlink take over for World Mobile Token? And they're connecting the unconnected? Yeah, if they want to drop the price 90% or so, I suppose so. But there's not a lot of. And of course, you have to have, I mean, just the materials to do it. I don't think it's going to happen. It's expensive, especially in parts of Africa that are downtrodden and have economic repression. You're not going to be able to afford that. That's where World Mobile Token comes in Cardano. I love it. The clown is killing me. I'm scared. If you see, everybody knows that was a filter. Mews is one of those blood in the streets. What should we do? Wait for more blood. That could be it. I didn't see that clown yet. Hello, mods, everybody. Vicky, thank you so much. SweatcoingDeepDive, why I believe into it. Believe in it. There's a link in the description. Stay inside. It's good to have Mola back in the dryness. Once everybody come into Puerto Rico, it's a beautiful time here. You see this? I don't know where you're at, but it's like this constantly. It's like between 74 and 86 all the time. Hey, Shannon. When Mola told me two good things, this is one of them. Every winning streak starts with loss. And then the other thing he said, he goes, it's amazing to me how a short-term trade turns into a long-term hold. I'll never forget that. It was a great statement. I don't know if that's true. They didn't use nukes in W-2. They used a nuke, I would say. Well, you have to understand though. If Russia is gonna use a nuke, we're gonna use a nuke and parts of Europe are gonna use nukes. I mean, you have to understand there's this thing called mad, mutual assured destruction. So if you can get that nuclear missile off and not have any repercussions, then you'll win. Of course, I think it'd be pretty awful for the rest of the planet, but I'm just saying. And everybody will respond, so I don't understand the point. And Matisse just rolled up. Oh, he missed a good one. Cobra Kai, H-bar, never got into H-bar. Well, it makes it so awesome. People say it's great. Happy Sunday. The sun starts to, yeah, I'd rather watch that than me for sure. Ha. World woman looking good. This is a good question. If you sell your property in Puerto Rico, will you buy crypto with a small percent of the money? Not right now. I try to separate these different endeavors. So real estate has its own real estate funds. And we keep those separate in different bank accounts. The crypto funds are in a separate bank accounts. Amazon business, the sports facility business, those are all in different funds. And it's not like I'm some huge baller. I just have enough to keep my sanity and that's about it. Future millionaire, great question. Hey, Rob, do you foresee another lay down? Yes. And why no DCA this week? Oh, the show. So we're gonna, I'm gonna step down. I got a lot of things going on and James is gonna pick it up and do some things with it, which is great. He does a good show. I mean, there's probably some better guests than me. That's for sure. Hey, Rob, thanks for the time and busy schedule, protection. Yes, everybody, if you'd like to look, it is a bear market, it sucks. But if you wanna help people out who probably have a lot less than you, there's this great organization called Protechos. I went there. That was one of the reasons I couldn't do a video on Friday. I spent a good chunk of time with a guide who showed me in the favelas here in Puerto Rico and all the different destruction. And what they do is they build roofs for people who don't have roofs here. And they do it for free because it's non problematization. Cause I mean, it sucks to not electricity or water, but imagine that when you have a roof over your head, literally, you can't live like that. So that's what they do. And we took a look at that. Went to a fundraiser Friday nights. Got a load too much to drink. And here we are, doing this thing. Then Saturday, Saturday just couldn't get things done. We're getting things ready to potentially sell one of our condos and then I went off and said, I gotta do something for me and I went and played volleyball on the beach over at East River, are they? Ironworks says anything under 20K is a steal. Helium moved to 5G. Now look at that. Thoughts on alcohol regulation. It's gonna come fast and furious and maybe they get it right. I don't think so. Probably heavy handed. And that's it. Which is why I'm glad that we are in that space and talking to the people. Cause imagine if we didn't put any of our feet forward and start a dialogue with the senators and house of representative members. I mean, the one that did the most was probably Sam Bateman Fried. Cause he was donating over a billion dollars to their campaigns. Allegedly, that's what Elon Musk put out. Who knows? And but it's still, we still have to have a conversation going on or else they'll regulate it for us. We do not want that. Yeah, Dan says, weather is nice till the storms come. Yeah, this is true. Hurricanes right around the corner every time. Robert says, great skill, trust will declare bankruptcy. I don't know if that's true. I mean, look, I've been talking about tether forever, how I don't trust it. Yeah, that still keeps chugging along. Even after all these things go down. I think if you're a centralized exchange or a crypto project, you make it through this, this winter, it's gonna be, you are setting yourself for massive gains, massive. I mean, big, huge, huge amoramas. I'll tell you a story. We had a friend, David B. in El Paso. And all he did was he saw a collapse coming in the housing market. That's all he did was real estate. And he sold most of his real estate in 2005 or six, just sat on cash for like years. I'm like, David, do you really think it's gonna happen? He's like, yeah, it's gonna happen. I know it's gonna happen. And he waited until deep in 2008. Then he bought just everything. Commercial, residential, duplexes, apartment complexes. I mean, everything for pennies and a dollar. And now that guy and his kids and his kids' kids, they'll never have to work. That guy owns so much property now. I mean, and all he had to do was just wait, just be patient. And that's the power of recessions, big recessions, bear markets. That's the power. You just have to go through them. And people say they suck. I don't think they suck. I think they're fun. I mean, if you just sit in the sidelines, and even if you don't have that much, just like, well, I know I'm gonna make more money here than I'm gonna make in buying Cardano at $250. So just saying. Okay, that's goofy. Ready for my portfolio to new. Yes, it's true. Andrew's got a good, this might be true, a 3 p.m. pullback before a bi-weekly run. We'll see. I'm just waiting for tomorrow or this week for all the different, the negative news about what's gonna drop now. But again, for everything that's dropped and all the things that have happened, all the problems, I mean, does this not amaze you too? For holders that are in the money, only there's more people out of money than in money as far as Bitcoin. And still a 68% hold. I wonder what that, what those numbers would look like on like Facebook stock, just saying, or Apple stock. Do you think 68% of Facebook holders are still holding their stocks? I'm just guessing, I don't know. All right. Yeah, James's YouTube link is right there, best answers. What's your thoughts on Insane Clown Posse? Well, I mean, it's a pretty good band. Now I was kidding. Internet protocol, I think it was supposed to do well and then SBF kind of screwed it over. Or maybe it was, yeah, I don't know. I thought it was an interesting idea. I thought it was ahead of its time, but we'll see. Protecho's link, thank you. Also, all these links that Bickey's throwing out there is also in the description. This is a good history lesson. Upper class people used to have parties in the biggest desert and watch the nuclear test explosion from a distance. Great idea. They didn't know, who know? Ha ha ha, Mullet says, Dan got fired like Georgia to produce the air. That's funny. Old Bear says, Rob, how many businesses do you have? Are the Reynolds and Amazon sales two different entities? Yes, it has investing separate too. The investing for crypto is just in my own personal account. There's nothing, it's not an entity, but as far as the real estates, we have those in a truck, we try to keep things just separate as much as possible because when you sort of intermingle things, which I gotta tell you, I'm no genius and I'm very small business owner and even I understand the process of not commingling funds. I don't see why all these agencies or all these centralized players did it, probably because they were making a lot of money. They didn't really care. Ha ha, Sam did one good thing. You mean veganism look very bad. Although I gotta tell you, I had a vegan sandwich at San Juan Smokehouse, delicious. Vegan, it was vegan brisket, it was great. The brisket was better though, it's always better. Oh, D-Tran says, I took all my cash in crypto of Gemini a few weeks ago. I thought, great, actually doing something good. Thanks. Don't leave things on exchanges, everybody. What? Rob, would you know that Harry Dent lives in Puerto Rico? Did you have him on a show? Yeah, I mean, but Harry, Harry's like the perma bear, isn't he? The one that he's like, everything's gonna go and he's gonna crash, I mean, I don't have him on the show, come over to the house and I've got two microphones set up here, I've done before. Who else lives in Puerto Rico? That would be a good guess. Mountain Mans is amazing, we held 15K, yeah, me too. Yeah, so this desk, we have the microphone here, there's another microphone here, put the desk down and we have a conversation. And that was it. Had a couple of times, it was pretty fun. Ben says, top three coins from the next bull run except Bitcoin and ETH, probably USDC, Tether. I don't know. I mean, if we just talk about things coming back to their all-time high, besides low now, let's be honest, I could see all the layer ones, I can see all the layer one solutions doing quite well. I don't see a reason for them to not go back up. So that would be the Cardanos and the Polka dots and the Avalanches. Solana, once people get over their hatred of Sam, probably, but who knows? Aptos, I don't understand that one. It's just another one, I think. Vicky says, can you do a video on your Amazon business? No. Vicky, it is the most boring business you can possibly do. All it is is you talk to distributors and say, hey, what do you got? I'll send you a spreadsheet. You write through a program, you see which one's profitable and go give me a thousand of those. And then, of course, they don't send to you. They send to Amazon warehouses depending on the location that you wanna send it to based on their needs. And you try to just cut a profit. That's it, it's super boring. If you wanna learn about it, go learn from the person I learned from, which is Bo Krabel, B-E-A-U, Krabel, C-R-A-B-I-L-L. And that's it. Yeah, I mean, Algorand has a problem with their token distribution and that's a problem. And look, even the mooch, I think it's here, mooch, he's been on the show. Little great guy, nice guy, love to have him back. They invested a quarter of a billion dollars in Algorand after sitting down and doing their due diligence. However, a lot of people do their due diligence on FTX and that worked out like a charm. So I'm not so sure. Algorand, I mean, it's led by some pretty great people. Let's just see if they can do it. To me, I don't know. I don't know. I'm optimistic. Who's this bum? Benjamin Cowan, I think SPF's defense is just, this is a phrase that Ben always talks about. If you don't watch Ben, I steal all of his information from his website and put it on here. It's great. Into the cryptoverse, really good stuff. And also, I just gotta get his dubious t-shirt, dubious speculation. I'll get one as soon as I can afford it. Ben is back in the digital asset verse. Dubious statements. Long Mountain, Bitcoin, 6K in four months. It could, why not? And so this is the question then. I mean, here's the thing. The question is, and it's a good question. Rob, why do you DCA now? If you think it's gonna go lower? Cause I'm pretty sure it's gonna go lower. I don't think we've hit our bottom yet. And everybody calls for the bottom in June and they were all wrong. Now everybody says this is the bottom. And hopefully they're right. But why would I keep doing it? It's because I just don't know and I'm not smart enough to figure it out because I just think to myself, if I just stay in the game and I can lower my cost basis over time, well, let's just say I DCA Bitcoin every day. Let's just say I buy 20 bucks a day, right? Cause I'm micro DCAing. Well, over time, if I'm hitting at 16, whatever the price is, 16, 7, and I just keep it there and then it goes up a little bit and I buy a little there and a little bit. When it goes back, it's all the time high, which I'm pretty sure it will. Who knows? I think my cost basis should be pretty low. Now, as it keeps going down, there's a good term Ben talks about, dynamic DCAing. So this is kind of like my basis around 16, 7, I'm like, I don't know if it can go much lower than this. Could go with 13, could go to 12, but as it goes down, I might start to double and triple up. We'll see. We will see. Sam Latt about being a vegan. He's not a vegan. Jesus, how many Christmases? Is there anything we can depend on? There's a guy named liver king, the liver king, who's this huge buff dude. And he talked about how he was, it was weird. He was totally natural. The whole thing, Natty never took steroids in his life. First of all, he's like mid to late 40s like me and he's jacked out of his mind. And he's like, I never took steroids. It's all my supplement company, whatever it's called, I forgot what it was. And he lied for like a year. And then they uncovered his emails and he was a liar. And it was weird because it went through all the different things where it's amazing how people can just lie to your face and just say, no, no, I never did steroids. And he would say it constantly. And of course emails came out and lab reports came out. He was like juiced out of his mind. So it's amazing to me how people can lie so easily. I think it just gets easy as you keep doing it. Which is why politicians will defend them, especially when it's other people's money. I gotta tell you, I think it's quite odd, isn't it? That, I mean, Bernie Madoff from the time that they found out about what was happening to the time that they arrested him was within 24 or 40 hours. And within six months of when they arrested him to the trial, he was in jail. So you take a look at that, how long has FTX imploded? Three weeks, four weeks, roughly. And that guy's doing appearances. I don't know if they're live, but I know he's been on a bunch of Twitter spaces and he's all over the place. And he's like, I didn't know. I don't know if that's a good defense, but you can tell he's been coached a little bit by his legal team. Yes. Who would like to see Mike Maloney? And if you don't know Mike Maloney, he's an OG of gold. Loves gold, kind of a gold bug, but also got into crypto into Bitcoin more specifically. I'd love to have him on. Trick Shot says my wife was Brazilian, probably will move there when the kids are old enough. And I will tell you guys this is that it's a learning experience. And then depends on where you're at in life. Like Mark Moss moved here. And if you don't know Mark Moss got a great show, just really delves into the macro side. Big Bitcoin maxi, which is fine. And he moved here to Rincon, which is on more towards the, believe it's the eastern side of the island, where it's all just, I mean, it's like a surfer's paradise, but you're kind of away from things. The problem is that when you're away from things, you're not used to the same luxuries that you had and say the States, and he just didn't like it. Of course he had kids. So if you're gonna move here, I would say you can move here with the kids, but I don't think it's a fantastic idea if the kids are there, they love the school and I would not move to here. Our kids are gone, so it doesn't matter for us. So just keep that in mind. See, Meme says, Harry Dempley's crypto will go to $3,200, which I'm guessing he said Bitcoin, and then to the moon. Everybody says that. Tomato coin, it's on the proof of sauce network. And it's being used by Olive Garden. So yeah, ZKRollups will be a good trend. I can agree. Senegal for the win, did they already play? Who's playing today? I don't even know. Today is a beach tennis day, I gotta get out there. So my face is so red, because I don't tan, I just get redder. Ben's YouTube link, there it is. Yeah, Corey says, try me with John for Mark Rebellion. I've met up with him a couple of times. John for Mark Rebellion, he's also on MSNBC a lot. Nice guy, real tall. Ah, that's the whole thing, I guess. Used to play with the Bears, the Bears. Oof, Mollett says, the mooch bought Algoron a dollar. Yeah, you know, it's amazing, like all the geniuses that are out there, and mooch knows a heck of a lot more than me on traditional finance and hedge fund. I mean, these, you know, smart guy. But man, I gotta tell you, those valuations, it sucks when you buy it at that price, but it's all about your time horizon, right? So if the mooch and Skybridge Capital, their time horizon was six months, probably tough, but I think they're in for the long haul, just like us. Is that a CIA listing the Vice and Rob's pool? Yes. Well, this is all a green screen, so, but I have a very technically advanced green screen. It makes the trees sway and the stuff in my pool move. I'm actually in my mom's basement. Ah, interesting. Scare Machine best in Vulcan Forge. It's the one that Nick Alex Becker's always talking about. Hmm, I like your approach. They do the same thing, I absolutely agree. Also look at the people who are behind it. I mean, one of the co-founders of YouTube is behind it. And also Google is one of their enterprise validators. And they just launched their mainnet 4.0 launch. So we'll see, fake liver king, exactly. The mooch equals happy boy. Joe Rogan called his bluff. That's true, liver king. Yeah, that guy was jacked. He was juice out of his mind. Political donations do go far. And there's a reason why that guy's not in jail, I think. But maybe it's just, I don't know. There's a lot of theories and they're all crazy. So, but just theories. And again, this is why I don't like to cover the FTX collapse and what's going on with SVF because what's the point? What can we change? We can't change anything. We've only learned our lessons, haven't we? Some is like, I'll let everybody else talk about the things that are going on with SVF and stuff. And I'll just try to bring things to people's attention that could actually use. But there's no shortage of news on SVF. I'm just tired of it. Harry Dent calls for a global ex-soyplosion every five minutes. This is true. Well, so does Peter Schiff. But one year is gonna get it right. He's like, so yeah, I told you. I've been saying it for 10 years, but I told you this time. Oh yeah, Max Mayer also lives in Puerto Rico. I should get hold of him. Also, Puerto Rico Wi-Fi, I gotta love it. Sorry. What? Gemini froze my account, told me I had to re-do KYC and send my statements. That's awful. Mau Carrera says, Hey Rob, do you think we'll get our coins at a BlockFi at some point? I think you got a better chance to get them on a BlockFi than any of the other ones right now. BlockFi, at least they put a reorganization plan 24 hours after they filed for Chapter 11. You know, Celcius filed for Chapter 11 not too long ago? Months and months ago, excuse me, and they still haven't got a plan out. Nothing. So, I mean, they may talk a good game, but nothing's on paper, so that's worthless. Homelessly. That's it. Well, next will be the next collapse. I don't know. I don't know. But I can make it super simple for everybody. And that is that if you think that any of the centralized players are going to collapse, or even if you don't, it doesn't really matter. Just take everything off. It's not gonna kill you to take everything off of crypto. And if you can't, some of them had a good point to me. They go, Rob, you keep talking about the ledger and you get a ledger, but what if I don't have a ledger or I need to do it right now? You know, you can take things off on a hot wallet. You know, you can use MetaMask. I know people say, hell, MetaMask. Well, what's safer right now? What was safer, Voyager or MetaMask? What was safer, Celsius or MetaMask? What was safer, FTX or MetaMask? Or any other crypto project specific wallet was safer than those three catastrophes? Just saying. Also, you can get these at Best Buy if you have a Best Buy where you live. Run down there and get it. And that's it. And then lastly, do the Celsius guy go to jail? That's a great question. And the answer is no. He's on Twitter Spaces and living a sweet life still with your money. Also, I believe he's getting paid with your money. Also, I believe all the lawyers and a lot of the staff from Celsius are getting paid with the money that you put. We, excuse me, excuse me, we put in. They're all getting paid. Even though Kraken laid off 30% of its staff just last week. Yet, Celsius is like, these people are important. I'm sure they are. I'm sure they are. Dan, how did FTX file with chapter 11 when they were in the Bahamas? It's the same thing with chapter 11 for Mt. Gox. They were in Japan, Asian country. It's because if you file for chapter 11, say in the Bahamas, they don't have the resources or the ability to really accurately segment into the legal process of a chapter 11. That's why everybody has chapter 11s here in the United States because guess what? We've had a ton of companies go through chapter 11. That's why people do it. So you can do it anywhere you want to. Anywhere you want to. And of course, they have a subsidiary of course in the United States. And there was one more question. Now, I trust safe. Should I take my money out? So look, here's the thing about I trust. You don't own your keys. It is a centralized exchange. This is true. You can transfer it because it is a Roth IRA and you're free to do that. Just know that there are tax repercussions. If you don't feel like this is the choice for you, take it off. Take it off and put it someplace else. Me personally, there's a reason why I diversify. I got roughly 1% and I trust. I can only put six or $7,000 per year roughly into a Roth IRA. If you don't trust it, then take it off. But I will tell you this. So all your crypto is stored in Coinbase custody, which is a cold storage essentially. You don't own the keys, that's true. But if Coinbase custody gets hacked or something, which I mean, who knows? Maybe you could. I think it's hacked. Then you know who else loses all their crypto? MicroStrategy, because that's what they use as well. Does that mean that it's foolproof? Nope, that's not what I'm saying. I'm just saying for me, there's risks for everything. I'm gonna keep that risk and that's me though. Let's see. And there was one more, I just had people, yeah. People on Twitter are waiting for Binance to collapse just to buy the dip. I don't think that buy the dip would help if it goes down. I think if, yeah, that would be the next, you'd probably see below 12K if Binance collapse. What, that'd be something. Yeah, this is true. Yeah, Kraken had no exposure to that. This is true, one of the few. And that's why I love Kraken. I wish their app was better, you know, but whatever. They have a problem with integration into bank accounts, maybe just me. But I like Jesse Powell, like what he talked about. I like the platform and even as good as they are and as clean as they are, they still have to lay off 30% of their staff because it's tough out there. So when I see these other places going, well, it's a little bit tough, we're okay. I'm like, are you? Are you really? Makes me think. Yeah, cold storage, it goes good sleep. I saw almost my neck, so at a loss. Our people in Puerto Rico, nice. They're great. They're great and most, even if you try to speak Spanish, they appreciate that as bad as my Spanish is. They're great and awful drivers though. Nah, I'm just kidding. But it's funny in Puerto Rico, like stop signs and stop lights, it's like a suggestion, not like you have to do it. That was a big, big wake up for me. Like coach of stop sign, maybe I'll take it. Let's see. He spends all his things in. I think that's, okay, last two questions. Is the food better in Puerto Rico, Texas? Texas by far, I'm sorry. It's all what you grew up with, right? If you like Mediterranean food, of course, Greece is probably the best Mediterranean food. If you like Mofongo, this is probably the best place of all time, right? But if you like brisket and meat and ton of, just a ton of meat products and stuff like that, Texas is the best place, sorry, it's just the truth. The last question was, is there any update on Voyager? There is an update on Voyager. So Binance talked about buying a Voyager, also the one called NINX, which looks like to be a regulated exchange. It's also coming out and they're putting in a bid. So I might be talking to those guys soon to see what they're doing and then go from there. But that's all we got. Look, then 32 minutes, it's kind of the time. I got a bunch of stuff to do today, like I'm sure you do. So that's it. So look, thanks so much for stopping by on a Sunday. Pretty cool. If you liked today's video, give it a thumbs up, consider subscribing. Everything we talk about is time sensitive, especially on these daily updates, but that's it. So thanks so much, appreciate you guys and I'll see you on the next one. Adios.