 And now let's jump into a little Q&A and answer all your burning questions the best of my abilities and we go from there Let's go Comments I only trust the CIA the NSA the ATF and DEA Sounds sounds legit. Those guys never lie Birdie I saw your post about your friend from I think it was Nigeria looks very nice Bobby shouts is Robbie the only youtuber with watch right now. Ah, thanks Bobby. I appreciate it I don't think that's true, but I will take it. There's a lot of good people out there and You can find links all that stuff But also if you want to get your mind right, there's one link that I put that I recommend It's called the daily stoic if you're looking for a way just to and it's free. It's 100% free It's a website. You sign up for a newsletter in the sense that I have no affiliation with them What's over but it's Ryan holidays company and it's great. It's really good stuff it just kind of puts your mind in the right frame to To be able to take those hits to actually just have things just brush off you and just move forward I mean, that's the big thing we need right now Especially this bear market and the bull market nobody cares about that stuff because to the moon and Shiva and Dogecoin and whatever But you know, but right now I think people would really use that links in the description daily stoic I think it's deli stoic.com. Ah, so the Pullman says what do you think about the advanced trade and Coinbase? So I Know that Coinbase Pro is supposed to be going away I believe it's in December. So there might be this they're reshuffling things So I don't know about the advanced trade and how it's gonna work more information will come out there is another option for Coinbase, which is Coinbase one I think it's called we pay $30 per month and that waves all the all the transaction fees up to $10,000, which is pretty good if you dollar cost average like me every day However, some people have still said that's good not good enough and they take a look at the spreads Between the cost of like a Bitcoin Ethereum and they still play a little bit funny and you're paying a little bit more So it's kind of like when you go to the car dealership, right? You go to the car dealership and you're like, hey, give me I'd like this vehicle. Sure. How much you want to pay? $30,000. Okay, $30,000. Well, great. And then you want to finance it. No, I don't okay Well, we're now it's $32,000 and they just go back and forth and hey, you want some upgrades here and some upgrades Every for you know what they make one diamond to death That's just what it is so I get tired and I'm just like I don't care Just if I go up 10 20 50x and another couple years some just dollar cost averaging The guy with the least worries is the winner at the end of the day. Remember that. Oh Look at that. I apologize. Don't slow and Spotify. Very nice You've got to be kidding me never gets old never gets old How do we ask questions? You just ask the question. I can't find a super challenge. I think I turned it off I just felt like people shouldn't be paying paying for super chats when they can just ask me right here They're just spending on spending on investments and spending on me. I'm doing just fine I got a really nice green screen on my mom's basement, which looks like a pool house. So that's pretty cool Beardy says leave the dad jokes to to the professionals Ah Rusty says coinbase advances live now great You know what then I will ask you guys for for a favor then if you So go through coinbase advance. I need you guys to compare the spread between the Usual suspects as far as cryptos and tell me if there's a huge massive difference between the spread of like say a Bitcoin and Ethereum whatever and if you could do do me a favor just post it on Twitter and then Tweet at me at news asset. There's also a link in the description for that Lat says hey Rob Theta is doing great things we think will happen when there's the meta chain release in Q4 Look, I had digital Dave on a couple weeks ago And he's big on theta drop and he was also big on now me and Dave have had our bad calls. Let's just be honest, right? I had the horrible crappy VG X call and he had the horrible crappy column Bitcoin cash. However On Theta, he's been a hundred percent correct on theta did Phenomaly well and then for T fuel did great and instead his next one He thinks that's gonna do really well is theta drop which is like the government is token For all the NFTs and things like that. So I think that'll do well theta. I still hold some theta I think I I think I oh, I sold some off. I think about 60% I still own theta in my theta wallet So yeah, I think it do well When when would I know I can't tell you when Don't make me poor or beardy by sending me eos. Just kidding. I know you I know beauty loves eos for some reason I I bought into eos. I still have some hanging around somewhere in some wallet Matt, thank you 3d green. Yes, it's very tough. It's advanced things get them very few places. I happen to have one Yeah, Dustin's got a good question FTX or coinbase pro I use while I use coinbase only is coming through and I use FTX the one thing I like about FTX is the ACH So usually what's really great is that you can take Your your bank account and you can link it up and it can just do automatic clearinghouse deposits And then you can do it you can do that, but you have to kind of wait a little bit of a time for FTX I just kind of like it where I can just send it. It's it's there if I want to make a decision It's there, but even with FTX doesn't really matter. So I just put an X amount per week and I dollar cost average I Over there I buy near protocol and a couple other things But I'm not buying as much alts as I used to I'm not putting as much money as I as I used to like in 20 2018 I put a lot now. I'm a little more conservative because I just don't know I Still dollar cost average, but I just don't know for the next big downturn is coming So I'm just waiting for 2023 to really ramp things up, but if I'm right I mean I still put money in In 2025 I still think it's gonna be a bull run. So if I have to You know ramp up in 2023 is as the price has to go down. That's okay. I'm okay with that Bullish them dear. Thanks Rob's rock. I'm not so Rob just got lazy didn't want to No, it looks okay Ah good plan has got a great question. What price do you see sweat reaching a long run answer? No idea Every time I do price predictions people people crush me, but I got to tell you I think it's going to do quite well I know on this channel remember on this channel not financial advice But I've been talking about sweat coin for a long time. There is a link in the description Let me show you There's a link in the description looks like this And you can download sweat coin. It's free. It's 100 free. Did I tell you it's free? It's free and you get The sweat token just for walking like I think it's for every thousand steps You you make one sweat token if you don't want to use that There's another one called smiles app where you can you can earn satoshis just for walking around I happen to use both because I'm greedy and I also walk so I do those things and then there's this other thing down here This says 5% degen plays right there I'll link you over to This because I got a second channel called dan degen and as if you don't know I don't these these um These projects like they don't pay me I pay them And I pay a good amount to get into these projects, but because I pay into them I want them to do well. Do you understand I'm biased you guys know that right? I'm super biased I only talk about the things that I invest into do you ever hear me talk about shiba, you know Or dogecoin because I don't invest into those things. So why would I talk about them? I'm just super biased It's just the truth So with sweat coin people like how much they pay you rub they pay me anything actually I bought 1.7 million dollars the tokens in an early sale And uh going from there I paid 0.0 a penny and a half Or something like that That's it And uh, unfortunately or fortunately that's fortunate Um, I'm in a lockup period because I got on the early sale So I can't sell those like when it drops in september 12th I can't sell anything until 12 months later and even 12 months later It still trickles out over the next 24 months. So Like I know some people will say what's the difference between that and vcs and like well I have a huge lockup period and I don't get the whole thing at once and I super believe in it And I'm probably going to have it for a while. So in the old days 2017 They would just give you apparently I wasn't I was around 2017, but I wasn't on youtube But apparently they would give you a bunch of tokens. Here's the tokens talk about my my company And then you can dump on your audience and that's the wrong way to do it Right if you're going to do it at least get into it and you have skin in the game And even when you talk about it, it sounds genuine and serious That's it. So answer your question. How well I think it'll go to Initially it'll probably do pretty well and It really depends on execution And where the revenue comes from and just watch the deep dive video which you can find in the description And I explain all those things all right Who is the good one jjong chow Isn't that scary because if usa defaults on loan because the government high spending and high interest rates When the central stable coins become insolvent and thus our stable coins will do is peg next to that's true if the us Defaults on their loan has has the us defaulted any loans recently not recently I mean Was the last time they actually have they ever not for sure other countries have you can take a look at uh at turkey Who is the big one that just had the big collapse? But when people start to default in the loans, that's when the imf steps in I don't think we're going to be there yet But it's a good point. Hey never Now i'm dear right on time Will smith of the a ch Yeah, so the a ch is 12 days way too long So with and he's talking about will I think you're talking about ftx for automated clearing houses to for that But you have to remember I think it's a safer way to do things right because Guess what not everybody's like me and will here like we try to do the honest thing You know we sign up and uh it debits our our account for our bank The money goes in and then you know we trade now some people will be very slick and they'll say yeah, I've clicked connect my bank account Bank will they'll say yeah it is and of course for a ch clearing It doesn't happen automatically it could take three to five business days and during that time you might be able to Buy crypto and then take it off the exchange and then contact your bank and go that's fraud That's a fraud charge. I don't know what that is Reverse that and they'll fight with the bank and they'll reverse it and now who gets screwed over Well The exchange gets screwed over and then we all get screwed over because they have to implement More security so I get it I get it Rob have had any masterworks art that's sold so right now They did an appraisal. It's a great question And the appraisal Where'd it go? Ha So masterworks fractionalized shares of art That is all registered with the scc. So nobody flipped out Uh, I have a basket and a bank see Which I'll be honest with you. I didn't know what the heck those were except for I knew what banks he was I didn't know what a basket. I had no idea before I got into it It didn't and they're just shares and then for this one valued at I'm up 40 percent since I bought it in october 13 2021, which is not bad I don't think so and then uh, they've sold these so far They had one they had a bank see they sold for 32 percent annualized returns 31 for condo. I don't know what that is. Olan sure Brown yeah, whatever like I'm not a obviously you can tell I'm not very refined in art But uh, I don't care because I just care about this Performance masterworks is outperforming rustle nasdaq smd 500 and crypto And that's why I'm usually talking about this portfolio balance. You have to balance risk a little bit just by spreading things around That's what I try to do But don't do what I do. I'm not a financial advisor. This is what I I spread it around cash stable coins d gen plays stocks Land property my amazon business staking I trust capital And it's it's it's pretty diverse because when one goes up and want the other when one goes down I want the other one to go up. That's that's my idea. I just don't want to be stuck going. Wow I put everything into luna Because it was doing so well. I didn't sell anything and now I just lost my you know my Everything so I don't want to do that Just trying to be a little risk aversive As you get older these are things that are important When you're young, you don't care like, yeah Who cares? Ah mark, it's a great question mark says dan after celsius debacle. What's your opinion on finance lending with bitcoin as collateral? I don't trust anything anymore I'm just uh I'm just on the cold wallet Ideal and just going from there and he had to remember like I Remember that I did a lending through celsius remember that Um, I needed to do I thought well, I'll just I'll just collateralize my ethereum and I'll lend that out Uh to celsius and then I'll help me pay for the house in portorico and it was good But then of course says you know the margin calls will come up I would you know meet those and I would put in more ethereum or ethereum then when I was in uh europe for a bit I there was a big uh dip. This was in april. This was around when luna collapsed remember that I Was collapsing a three rows capital and I missed a couple margin calls because I was in between I was in between france and spain and we're moving and I don't know I missed some and they just liquidated me all of it I was like well that Sucks kind of but not really because I didn't what I didn't do I thought this was silly Some people will say raw what you got to do is you got to uh collateralize your crypto to buy more crypto I'm like, well, what if all the crypto goes down? I won't ever go down You have moron it'll just keep going up forever. Don't you know that I'm like, I've been in just 2017 I think it's gonna happen So what I did was I took the money that they gave me for the loan I put that and paid off the house Free and free and clear And that was it. So the money that I had wasn't in crypto. It was in a house The house is now an Airbnb And I it's it's an asset and I did So they liquidated me it when uh, I make a theory and went down to 2200 that was my liquidation cost So I'm still up but just remember that if you get liquidated It's a taxable event if you if you do a loan if you If you do a loan like what mark is talking about against your crypto that uh That's not a taxable event. However, you have to again, it's about risk so You know in this situation could finance falter like that the chart that we used to look at finance is a juggernaut But guess what so was Celsius and so was voyager and so was luna. They were all juggernauts So just be careful. I I'm not gonna do it personally and that's my final stance Yes, motion capture suit. Hello, eris. Thank you Yeah, it's tough to make a joke out of eros. They did that themselves. Just kidding beardy. Just kidding. Just kidding Sheba says probably yeah, I'm feeling better On some supplements and you get older you guys are taking supplements and things just have to be it What but as time goes on I want to get into the the trt. I'll be the good stuff The injection is not that not that cream wimpy Let's see That's a good question Orlando says row. Do you recommend connecting your ledger wall to deadless? And staking aida from there or create a new deadless wallet not linked to a harder wallet for a steak You just remember that Anything that you do as far as like a deadless wallet or any kind of wall like that It is a a form of a hot wallet Because there is an internet connection and you put in your past like I have my deadless wallet right here actually I can see it and The best way to do things always through cold storage. Just remember that cold storage is probably the best way that you can do things and go from there Now even saying that remember ledger did have a hack. It wasn't a hack. It was a data breach Where like the people that bought the deadless the deadless the ledger wallet They were people got their home information their phone numbers their Their names and emails, but they never got a hold of your crypto So I mean that's going to happen regardless of everything. I mean, I don't know how many of you Ever take a look at a website called how I've been pwned or something like that. It'll it'll everybody's emails on there Just how it is It's the financial advice. Good one beauty Rob using bots to ask for a question. That would be pretty good. That's not a bad idea actually I mean look I want sweat to do well, but not at the cost of like someone saying hey Rob uses a bunch of bots or something I think it'll do well regardless. I mean Looks me pretty well Let me think with this way like when you guys came on youtube. Did you have to watch an ad? Unless you had youtube premium. Yeah, you did So it's the same thing with uh with sweat coin over on on the app It's like the number depending on what date it is number one through five It's the most uh, the most downloaded health and fitness app in the globe And uh, that's what they do. They sell ad space So what's different than that and twitter and facebook and anything else? Do you really think bitcoin cash is a loser? I don't think the people that invest in bitcoin cash are losers I think bitcoin cash isn't doing that great as far as price appreciation And um, that's it I like the fact of uh, the bitcoin cash should do pretty well for transactions But I think you know lightning's got that and I don't see a point for bitcoin cash bitcoin cash people will tell me What a moron I am that's Probably not untrue, but that's uh, I just don't see the the point Oh, I got that one Danny's got a good question rob just to mentally repair. What kind of a haircut do you think we're going to take on voyager? Let's say 70 percent I'm okay with 70 percent I'm thinking like like this like I think between voyager and celsius voyager is going to come out of chapter 11 first I think they have the offers and the backers and there wasn't some gross mismanagement that uh, I mean there was a special Special advisor that was appointed to the celsius case because of gross mismanagement And that's not good So I think voyager is going to probably the one that come out and by the end of this month again The end of this month august 2022 we're going to figure out who is the winning bidder for voyager and that'll be interesting I think if they want that to To go on they have to make Everybody whole or close to whole or they have to have a secondary objective, which would be to look We can't make you whole right now, but we can give you this type of token or security or something like that which is registered with the scc And you can hold on to this and redeem it at a later date as we start to pick up business Which I think would be pretty good idea for me Moving into 2024 2023 four and five I can hold on to things for three four years. I've already done it before. Why can't I do it again? Master blaster says thoughts on the cardinal testing issue. We talked about this two days ago And I said, isn't that to me? I thought well, isn't that what the test nuts for to find all the screw-ups? and they did that so I mean look kudos to them for not putting on the main net and being diligent Sometimes the grown-ups have to be the adults and say hey, we've got to slow down and that's what happened. I'm happy for that beardies are us FTX is instant positive once I use it a bit for me Ben, maybe that's the problem Maybe that's what it is. Maybe I just haven't had enough transaction volume. I need to stick with it That's a good one So joseph says here. I would think jackson holes now price center will there be a major swings on friday this is uh Drone Powell is going to speak I believe and uh, they're going to talk about the things they're going to do because There's no meeting here in august. So they're going to jackson hole. Good for them Uh, I think it's priced in Me personally everybody says it's priced in I never really believe it's totally priced in I think there's always like little dips and things like that and you just can kind of catch those I will say this We talked about this at length before because remember with um Before powell, you know fed chairman, I mean back in the 80s We talked about volker and before volker was a gentleman named burns And the problem with the united states at that point is that remember Inflation was was hitting their highs five six seven percent And the people would always say well burns didn't do and didn't do anything He did he raised the interest rates The problem was he raised and raised and he thought it was taken care of because they were using outdated data Just like what they're doing right now And he stopped raising the rates and that's when they lost faith and then go you should have kept on to it Now we got to bring in this pit bull named volker and volker came in and said we're going to raise this to the moon I don't care 14 percentage rates. We got to we got to take care of this these inflation rates Because if they go out of control, then we have let me go from a recession to a depression and not a my watch That's what he did and it sucked for a couple years and uh They have attributed to do the uh avoidance of of a depression because of volker and his his uh watch dog ways of raising the interest rates Burns it's not that he didn't do it Just like paul It's that he didn't do it enough and consistently and I think I think paul is enough of a student of the game to understand that I think he'll keep reason rates just to make sure remember. It's your legacy right Hey marky. Thank you Yauzer says I was busy getting married probably more important before 2017 Vosel's got a good point ftx seems very shady to me. They had something to do with voyager and celcius now They have larger revenue compared to coinbase There's a secret Everybody's shady. Everybody's a little bit shady a little bit shady then there's big shady and uh And uh medium shady so if ftx has a couple of shady things In the grand scheme of things unfortunately The people that win that win the wars will write the history and if ftx comes out of this, which I think they're going to They're gonna write all the history and talk about how great they are and how they did these things and that's just how it's gonna be I'm just a realist. Unfortunately You can buy my art Yeah mark. Oh, yeah, we talked we talked about this. I'm I'm not gonna borrow Uh my crypto. I think if you want to do it a safer option is wait till I mean We're pretty low If I could say one thing if you're gonna if you need to totally borrow like this is what This is what a lot of the affluent and wealthy do is it's called buy borrow die And they buy they buy assets They borrow against those assets because it's not a A taxable event and they die and they leave these these assets to their children Within their wills and their trustees in their estates So if you want to just take a hint from the super rich people, that's what they do Now if you want to borrow against it again not financial advice But uh, if I'm gonna do it again, which I'm not but if I wasn't gonna do it I would probably doing around here in a Bear market not in a bull market because in a bull market as things go up Like hey, you got to meet your collateral. Oh, yeah, we got to keep adding you got to keep adding You got to add a 2x 3x 10x as it keeps going down. So If you're gonna if I was gonna do it I'd probably do it here, but I'm not gonna do it Mr. T says the rainbow chart and for your cycles, that's true I don't know if you guys ever seen the rainbow charts very easy to use It'll tell you when a fire sale is and one's a good sale and you can find all those charts at look into bitcoin.com No affiliation with those guys, but I link in the description because It's free to use and it's awesome Bedbug gaming says get mid journey make your own baskets I had a mid journey and mid journey if you don't know, it's a pretty cool. It's on discord and you pay about $10 a month and it uses ai you can put in different Phrases and it will create these different pieces of art. I've used it works very well But there's another one that you don't have to pay anything for and that one is called the heck is it called We figured out I did a tweet on this at one point I forgot what it called Ai No, it's not it Ah ai sites autodraw Yeah, I guess that's it name licks Oh, this isn't it name licks I'll find it later. But yeah, there's another one that's free that you can do all those things. It's pretty cool Ah, what's this? Do I need to have identification to pull my bitcoin out of 4x? Am I getting ripped off please? Here's what I say if someone contacted you and said we need your identification so you can take out your bitcoin 4x this doesn't make this doesn't sound right person personally Whatever company that you're using for this Um, contact that company directly and say hey, I got this email and they're wanting me for my identification Is that true and how can I take my money off? Yes, thank you wrenches. I do appreciate it Yeah, you can do lending with collateral and defy. That's true And yeah, you gotta you have to remember if Look at the ones that failed us Moving forward like like which companies failed us. Well, there was a centralized it was this It was a centralized exchange is a centralized lending platforms a centralized players But you know what didn't fail us besides these stupid hacks from the bridges Let me take a look at ave and compound those types of things like did they fail us? per se I think they did a pretty great job during all these these downturns not to say they're perfect But they did a heck of a lot better than losing everybody everything except for those damn Um Tunnels rob your everdome video on five percent inclusion work. Oh, no Let's see. Oh, yeah, it doesn't I'll fix that. Thank you Thank you, Aaron Any update on ledger staking use alchemy? Nope It's the luckiest person I've ever met. I escaped luna usd and celsius right before the crash Thank god. I like it was it's unbelievable You should go buy a lottery ticket today Wow Gary says, how's the dha dha? I've been dosing in the morning of my mid-afternoon. I'm rage holler at somebody It's working better for you than me. I'm just keeping my levels at pretty decent states Yeah, kiles at a fake background green screen That's okay, but you made it prp. I've done prp and uh, I will let everybody know I'm also going to do stem cells in Honduras So I'll let everybody know about that and the why honduras. It's the same place that uh If you do a joe rogan podcast search it was joe rogan and uh, no gibson And they talked about uh, their their stem cell Journey to honduras and uh, how it worked out pretty interesting Yadr says I downloaded a dead list on my laptop. It's huge 650 megabyte files. Yes That's the that's the bummer But you know what? I hate that's the only one I trust. I know some people will say Well, you know, you got nami and you got uh Yo roi and ate a light I don't like yo roi at all ate a light. I'm okay with that YouTube premiums a must Yes You pay 30 bucks. I do See, here's the thing like I'm I'm of short time on this planet I don't want to waste it even 10 seconds watching some stupid ad. I don't really care about So what I'll do is I pay for all the premium services. I want to pay for those or don't have to watch them I mean, I can make more money. I just can't make more time Whatever happened. What happened to earlick on the next project. I don't know what happened to steve I don't know But it's gotta suck, man Because steve didn't strike me as that guy that would want to screw over everybody And this is just my my thoughts I just don't think He was that guy because he already made a ton of money in Uh e-trade and light speed So when he started this third one, I'm like, this will do pretty well I just think things got away from it and we did have a pretty Long about 30 minute video. It was about uh, three hours capital It would just type in digital asset news three hours capital. You'll find it And I just went over, you know, how those guys pretty much fooled everybody And uh, I understand now why they didn't do the collateralization because three hours capital was like, we're not going to be collateral We have all these other, you know, this is all the money that we have We have plenty to pay you off, but we'll give you a very high yield because we've been doing this for years Unfortunately, it was a Ponzi And uh, I'm not making excuses, but I get it. But when I see when I think about steve, I'm just like It's gotta be crushing, you know again, maybe it's me thinking of of how I am but if it's too It's crushing to think that That uh, these things can happen and uh, but who knows maybe I'm wrong Let's see Like I was having a four-year cycle Do you think anybody's going from Celsius is going to jail? White collar crime is uh, let me ask you this How many uh, how many bankers went to jail in 2008 for the financial collapse? I think one So don't hold your breath Well Yeah, that's right give myself some some uptots That's Marie says should I invest in crypto now as we were speaking? I can't tell you what to invest into I can just tell you that uh, my dollar cost average Buys they trigger another couple hours. So that's just what I'm doing Ah Eric Zulu, have you looked at I trust capital staking dot? Yes, I'm supposed to be part of that uh, that first rollout. So if you don't know I trust capital I think it's always above my head It's a Roth IRA and you can now stake So what let's go about Roth IRAs Just like peter teal like peter teal has a five. He made five billion dollars By sticking everything in a Roth IRA. How do you do it? Well, he took all his shares from PayPal back in the early 90s stuck on a Roth IRA because they weren't worth anything at that point Of course, they appreciated vastly and now it's five five billion dollars And you know much is gonna pay in taxes capital gains taxes when he takes those out at 59 and a half years old Zero zero percent. That's what a Roth IRA can give you now for Wouldn't be great Because with I trust I get to buy like bitcoin, ethereum and cardano and all those different things And I get to stick them in there and when I take them out at 59 and a half, which is not far away I might add for me They're tax-free Because it's a Roth IRA and what would be great about that is like the polka dot I have I'm going to be able to stake the polka dot within the Roth IRA The rewards that I get are also going to be tax-free So if you want to find out more about that link in the description So I am going through that process right now and I'll be staking I know you're investing in everdome. Yes, you think it will recover. Sure. Why not? But remember Remember this there's this thing that I'm always talking about these rules It's all gone. Everything's a scam. Don't leave any exchanges takes and don't use leverage and take profits Those take profits part. I take profits So like with sweat coin for example Like after a year or so of having all my money tied up. I'll probably take some profits With everdome, of course, it was another year-long lock up thing Well, not initially initially I think it was they gave 10% and then it rolls over over 12 and 24 months I'll be taking profits as they come out. So I've already taken some profits out But the rest of it's just stuck there. Do I think it'll it'll recover? Yeah, and I think it's a pretty good project I talk about why when I get the right link on there I'll show you but if you just do digital asset news everdome or dan degen everdome, you'll find it Thank god someone tells me when I screw up The only everdome land No, I didn't get into the land land. I got into the Just the dome token. I missed the other part Yeah Bobby shouts bookmark daily stoic. Thanks. I'm telling you guys. It's a great. It's a great resource And those those daily emails fantastic I I'm sure they maybe later Robert ah panamana Honduras. Thank you Robert Panama. I didn't I thought it was Honduras when I said I was kind of wrong Panama Can you bring your attention to harmony one? I could Theon and Oni better DC on bitcoin is a 12k. That's true. If it ever gets there Some people think it's going to 12k. Some people think it's going to 8k and some people think it's going all the way on to 5k And that's it I don't know JF says a cycle and crypto would seem four years 2013 I guess this would be for bitcoin 1100 2017 19 621 69k 20 25 Who knows I thought for sure was going to 150k and look how wrong I was So I think that's it. Did I miss anybody? And bobby says any concerns that I trust will be beat down of our time trusting. I've been real hard time trusting too and uh If we looked at what happened with with voyager and Celsius So Where do they make their money? well Voyager, they just would have kept doing what they were doing. They made they were doing just fine They got it. They just got it themselves. Voyager made it on transaction fees. It was like the hotels.com So they would use the different exchanges and they were brokerage and go okay Coinbase ftx finance blah blah blah buy bit who has the best price for for bitcoin rob wants to buy a bitcoin Oh ftx you do great. So how much is it? 19600 whatever okay, you get it And the spread the difference between all these ones We're gonna keep a percentage of that and that'll be our fee very simple very easy to do then they got into yield And they were looking into going into loans and I got it into that and then with with Celsius that see that that one was And I had Alex on my show multiple times. He said here's how it here's how we generate yield We're gonna take the the crypto that you put it into our into our platform We're gonna be able to loan them out To and we and of course we do all our due diligence and all our safety and blah blah And uh people they collateralize those loans and we give them to them and then they use them Okay, unfortunately, it just got away from so all those those two guys That was their the way they make money and they just went off it now How does so we have to take a look at it with with I trust capital? Well, how do they make their money? It's very simple. There's no loans there's no There's no yield generation The most risky thing to do is staking now and that's just one on polka dot where they make it is 1% trading fees That's it 1% trading fee. Oh, there's a startup fee. I think a couple hundred bucks. I think And That's all so that I mean from and then of course when people say what about the security? Well, they use the same Uh custodians that uh, micro Microsoft micro strategy does which is a coinbase Coinbase seems to work out. Okay So that was a long answer to a very short question And that's it. All right. So guys look we're coming up an hour and that's all I got for today. I got to do I got to do a couple meetings right now and then go do some other stuff, but Uh, thanks for stopping by. I do appreciate it. I mean you hung with me for an hour. That's a long time Thank you So if you like today's video thumbs up subscribe all that great stuff and I will see you on the show tomorrow Roughly at the same time. All right. Adios. Bye