 We've had quite an interesting 24 hours, haven't we? And we've seen some pretty exciting things happening in the crypto digital asset sector and traditional finance And I got to ask you the question then is how long can this really last? Especially since it really does appear that the government just might be working against us I'm gonna take a look at some documentation from Nick Carter and also what's going on in the market right now Which of course everybody knows because they've been checking their portfolio religiously probably the last hour maybe 20 or 30 times we can see that the price Are going up quite quickly Bitcoin at 30 and BNB USD. I mean everything's up right USD coins up 3.2% I mean after it got DPEG and you see that's over time. It's been pretty good these the days These the days of why I DCA because on these days when things are up you have your options aplenty you can keep Accumulating you can sell everything You can take profits and go along your merry way now me myself and I I'm in the camp to take profits every so often Does that mean I'm gonna start to sell all my Bitcoin? Yeah, probably not But maybe I sell some altcoins because maybe they might go down. Yeah, probably so So just remember that and remember the rules underneath me don't invest money before to lose everything's a scam Don't even exchanges. Don't use leverage take some profits along the way might help you not financial advice That's just what I do and the thing that I would what got me today was okay We're a pretty big time which is nice, you know, how about when's the last time you can remember Bitcoin being up 1516 percent in 24 hours. I can't remember the last time either What I have a question I had was because of all these things that are going on with the banks Silvergate signature Silicon Valley Bank what happened today with traditional finance did they fare? Okay? Well, the banks didn't do so hot and all honesty the S&P 500 pretty darn decent for The uncertainty that is the market over the last I mean this last day 3861 just down just a little bit over five days down one month down six month still time And we take a look at Nasdaq not too bad. It kind of it would it closed at 11,000 138 What about five days down one month down six months? Yeah pretty much down and of course in crypto You look at the last week or so. I mean, we're doing pretty good So I'm not saying that we are going to decouple forever, but as far as like where things are going. Yeah, we shot up quite precipitously Anderson markets had gone down quite a bit and that's essentially is what's going on a nutshell But the big question is how long is it's gonna last? And are we going to see more rate hikes? Well, the first thing and I could just hear a collective groan When I pulled up this video This is the president United States. You don't know who that is that is president Joe Biden And he gave a whopping five minutes presentation about what happened Today, I know some people glanced over it, but I got to tell you for it was just for one minute That he said some very interesting things talks about losses Who's gonna get fired and of course what this means for the investors? So I just want you to take a listen to what he says here That's only a minute long and just tell me if you think he's in the right in the wrong taken action And here are the highlights first all customers who had deposits in these banks can rest assured I would have rest assured they'll be protected and they'll have access to their money as of today That includes small businesses across the country the bank there and need to make payroll pay their bills and stay open for business No losses will be and I want this is important for it. No losses will be borne by the taxpayers Let me repeat that no losses will be borne by the taxpayers Instead the money will come from the fees that banks pay into the deposit insurance fund Because of the actions of that because of the actions that our regular is already taken every American should feel confident Other deposits will be there if and when they need them second the management of these banks will be fired If the bank is taken over by FDIC the people running the bank should not work there anymore Third investors in the banks will not be protected That's it. The rest is nonsense But and yes, I did speed it up because unfortunately President Biden speaks so slow. I sped it up. That's not his normal Cadence of what he's talking, but I thought it was interesting that he said look if FDIC comes in and takes a picture bank over You're all fired amazing and then Lastly he talked about investors if you are an investor In these banks, sorry, you just lost everything now again. They're going to Give everybody all the depositors all their money back and that's the big thing because this is all a confidence game which is be honest it is a confidence game and You know, honestly, they did a pretty good job here of reinstalling confidence Now does that mean that this is the right way to do things and fractional reserve banking is awesome? No, it's awful, but this is the system that we have and if they didn't do take some actions I think it would have been a lot worse. So on top of that I Also had a this was a nice piece this was from CNBC squawk box and This is Mohammed L. Arian Alliance advisor president Queens College Cambridge and Economist and he asked was asked the question is a pretty smart answer. He said they asked him, you know Hey, are we going to see more bank failures? Limits and are we gonna see more rate hikes because that's what everybody Everybody and their mother is now saying that no the Fed is going to stop the rate hikes They're going to start put pulling on the printer and we're going to see more quantitative easing and L. Arian who's been writing a lot of things gives a different opinion. So this was this is about a minute and a half Okay, so is the bigger concern next whether other banks will have similar issues or is the bigger risk that the feds Going to have to not raise rates next time around and that inflation Continues to rage on it. Maybe it's further out of control So three things one, it's important to stress depositors should not worry your deposits are fine and There's no need to be trying to move your deposits. I know I know there's an inclination to do so I heard what you did Becky. I know there's an inclination to do so because after all it's better to be safe than sorry But honestly, there is no no risk to your deposits anymore. That's a clear message Above $250,000 or below like would you say that there's no I mean deposits that I'm sure we're on out It is almost impossible now to go back on unlimited deposit guarantee And you know what there's a case for them deposits are right at the top of the castle structure. They are very different from Bonds from unsecured bonds from equity and the positive shouldn't be expected to be able to do the risk assessments that equity Holders and bond holders can do so, you know, I'm actually quite sympathetic. It's not a great way to do it But I'm quite sympathetic. I wouldn't have gone as far as they did but I understand what they did So that's not the case but however people are revisiting rightly the value of bank stocks and bank bonds and Then markets have basically voted already that the Fed will now back away from its inflation fight And that's not good for them Two things first of all It could be right and he could be exactly correct that there are no rate hikes But I did like this little piece here where they put it in very big bold numbers Bitcoin surges 5% as you can see all the numbers for the regional banks as they as they go down Now I'm not a hater on the banks because you have to remember that each one of those banks Yes, it does represent for management and yes, they may have been doing some Maybe not some greatest things. I mean again, these are all just they're not the banks that screwed up These may be the banks that just are are down the hill in the in the smaller versions That represents right there potential people losing their jobs That is not just the banker of some mythical person. So try to remember those things now are the are all bankers awesome No, they're not all awesome, but just remember there is a person behind that number. So What Eulerian did talk about there is rate hikes I personally and we'll see if this is gonna be true because the Fed means gonna come out So relatively soon if they're gonna if they're going to raise or not raise and from everybody I've talked to everybody that said is like they're going to definitely not raise the rates whatsoever. I Still think they could I still think they could I mean at least 25 basis points and 50 is not off the table Now if they don't if they don't do that they say, yeah, we're gonna do it So what if they don't do it? So now we're gonna have to go through more inflation because of these banks Well, they keep breaking things. Well, that's their thing to realize and there's a ton of different Opinions out there and I'm not here to tell you which one is is correct or totally right I just do my little thing in the background and off I go but the bigger thing you have to think about is this Is there somebody working against us in the background when I say us? I mean, of course the crypto investors and this one really made me think This was from the tweet From that's not Nick Carter, but that's a picture. He's got this from Nick Carter. Who's Nick Carter? It's a great question so that's Nick Carter right there and He is general partner at Castle Island Ventures Board chairman of coin metrics host the on-brink podcast advisor to Bitcoin clean energy initiative And he's been on a couple different shows very smart well-spoken individual This is him on Lex Freeman debating if Bitcoin is good for the entire globe or not Smart individual knows what he's talking about but there was this this tweet that he took from a CNBC article and What it's all about is about the signature bank because I just like you was I Just thought that Silicon Valley it was just too much risk and there was a run the bank and so happen with signature bank as well That's not what apparently happened And it states here for his part Frank Who helped draft the landmark Dodd Frank Act after the 2008 financial crisis said there was no real objective reason That signature had to be seized. I think part of what happened was that regulators wanted to send a very strong Anti-crypto message we became the poster boy because there was no insolvency based on the fundamentals What are they talking about? Well, the same thing here that Nick Nick talked about This is dear God Barney Frank only met signature was arbitrarily shuttered despite no insolvency He quotes it from the article and where he gets this information from is this because many are saying Frank isn't impartial Here's some more evidence signature asset portfolio was nowhere near as troubled as Silicon Valley Bank Sellside felt signature was sound yesterday. The FDIC just Was surprised themselves as the as the government took over and you see here Here's the unrealized losses on securities total value percentage wise and it's kind of hard to see I try to zoom as I can but here's Silicon Valley 80% That's a lot of loss. So okay, you got me on that one But right next to them is Bank of America. Look at those unrealized losses pretty good next one I can't read USB Okay, first Republic then then there's Wells Fargo then Hurlington then JP Morgan and PNC then Citibank and here's signature Right there So look at their losses. So the question is well, why would they do that? That doesn't make much sense And he comes out and says lastly don't think Barney Frank has a reliable read on the situation the Frank and Dodd Frank former chair of the house financial services committee I just can't help you And he talks about how this is probably just going to wear down on the crypto market at large Because that was one of the crypto banks that's Four exchanges can use as on and off ramps they can store their their cash value But it really come down to this You can put the pieces together, but I'm just gonna have you watch this video. This is a great video from guy over at coin bureau and what he talks about Is cbdc is coming in the time frame for which they're coming in and more importantly When fed now is coming in and how it's going to all operate here in the states And as it branches off into the world and it's amazing how this video Pretty much talks about what nick is talking about here and you can really put the pieces together I don't want to put it together for you watch the video and you can make your own assumption about what's going on But it is quite odd That signature bank Was taken over even though it looked like potentially Things were on the up and up so I'm going to think about that in the comment section and then To finish up. I know some people have been saying well now that's awful signature silvergate Silicon Valley Bank, which Silicon Valley Bank wasn't most mostly crypto was mostly avicii's investments Pretty pretty large bank but not specifically cryptocurrency digital assets per se But people are saying well now our big banks are gone And now we can't have on and off ramps. Well first off for retail I mean everybody's most people's banks use it. I don't know about you. I've got a couple Like I actually four now, but I mean they all use it. I can all use it To buy on coinbase. The big question is is how many of those big banks are going to allow like a coinbase Like a crack in like a finance to use their services here in the united states So they can park The people's dollars in their bank and some people say well, that's it. It's it's gone But there was a quote from yuga.eath. I This is the one to follow yuga is Was working on for the last two years Wallet as a service at coinbase. It's a new product that I think is going to change the game for for a lot of different businesses And he says look he or she I don't know he says look this is false He goes, uh united texas bank western alliance bank jp morgan chase and bank of new york melin the second or first Oldest bank in the in the u.s. They all have crypto businesses as customers and there are probably more my thing is like this Banks are just businesses And if they see an opportunity hopefully they would swoop in i mean me as a business owner I would say look if you don't have a bank and I have the opportunity to service you and I can get paid fat fees Why don't you just come this way? That's what I think will probably happen. But regardless yuga to eath says hey look there's also banks right there So it's not like we're totally shut out. So don't let people fool you on that one And lastly, I just want to finish up with this There's been so many things that are going on And so many different collapses and so many different issues and we've gone through all the the nonsense and Not just in traditional finance obviously on our side We've got the block fi and the voyagers and the celcius and the ftx and things like that I just want to remind everybody that we're not perfect. Nobody's perfect This was a quote or a tweet from svb silicon valley bank, which they actually deleted their their twitter account And just so many weeks ago. They put out this is a look. We're proud to be on forb's annual ranking of america's best banks for the fifth straight year And have also been named the publications inaugural financial all stars list. That's svb and they just went down So I just said look don't beat yourself up if you get into an investment It just doesn't work out these things happen Not everybody's going to shoot for the moon and hit the moon and get those lambos. It's just how it is So Don't take it too hard Try to diversify as best you can enough. I mean I can't say it's not funny. That's pretty solid financial advice honestly to diversify just a little bit And uh, you know, don't crush yourself because things don't work out. Sometimes you got to spray and pray That's it. So this is my little diversification pinwheel So right now i'm heavy cash and I got stables and yeah usdc What are you going to do? It's 1% not going to crush me or 100 some d gen plays masterworks fractionless shares of art You got land and properties, which is nice the amazon business Some stocks and things like that So i'm not under the assumption that i'm a genius investor. I'm not i'm not even that smart I'm just smart enough to know that uh, I'm not going to nail every single investment I do So I try to spread things around and then also for masterworks. They are a sponsor of this show not a sponsor of this video But there's a link in the description You can check it out to invest in a fractionless shares of artwork And I gotta tell you After what's going on the banks, maybe it's time to look at and also check out this video from upper echelon I put in the playlist Where he talks about what kind of investment it is just something to look at And that's it for today. So look There's a lot of stuff to go over Not too bad actually and I usually I'm I was I've been trying to get away from the live streams And then of course when these big things happen, I do a live stream or so long because there's just so much to talk about But I think this might let something else crazy happens tomorrow I'll probably just do a regular video, but that's it for today. So Like this video thumbs up like it subscribe all that good stuff now if you want to we'll do a chat What is talk back and forth and I'll answer any of your questions and we'll go from there So you got to take off adios. Otherwise, let's see what you got Rivers This is a good this is a good quote Seems like we Always have money for the losers and risk takers, but never for hard working citizens of the nation It does seem like it's skewed that way, but in this instance For every depositor you gotta remember You know every depositor That's and not even people with 250,000 or below 250,000 above doesn't matter The government did say hey look and I know people like Get ticked off when I talk about regulation for some reason. I still think we should have a little regulation Call me crazy. I don't think we should allow centralized exchanges to you know commingler funds and By condos for their family members call me nuts Maybe a little clarity of what a security is I'm just not going to go off base, but you get where I'm coming from So like in this situation worked out pretty well, right For the depositors and again, there's this I forgot to say this one. This was a great quote from Defi defied dummy And this is what I was talking about about this. Don't beat yourself up defied dummy said This is why the do your own research advice is a joke if Forbes With their research staff can't get it right. How is the average burger flipping joe supposed to do his own research? That's like saying pilot the plane yourself if you want to travel and it's true I say do your research just because it's like a blanket statement, but in all honesty, you could do it Thousand hours of research and you still won't get it right not even Warren Buffett shoots a thousand so Sometimes you just got to invest and Pivot when you when when things change it's what never that's what always never I always don't never understood when people will say rob. Why'd you change your mind on this project? Well, because I found it It sucked. That's why Like oh, you don't like it anymore. I'm like no So anyhow, that was a good one Christopher says they will stop the hikes. They may that'll be good for the short term And I'll put the big up for the long room the long term Yeah, I'm limited deposit guarantee means I'm limited loans. They're running banks banks After three target crypto banks were said exactly right Just think about the whale banks that bought crypto. I don't know if they did buy crypto remember also, you know these uh cryptos and digital assets are going up because Binance also converted all their stable coins into bitcoin ethereum So there is that aspect up to I want to say it's like a billion dollars. However If that is the case, what's the volume? Well, it's interesting the volume over 24 hours Is 69 billion 928 million 630 thousand 341 interesting What and the volume of bnb is one billion But I guess their market cap is it's all that's sort of my market cap. That's true But yeah, when people say that the banks are buying I don't buy that but I could be wrong It'd be interesting. I just don't see it If you want to find a guy to watch for That has the best glasses in youtube you got to watch tom crown the best glasses Like I don't even wear glasses and he's got him on lockdown. Also if you want to learn how to trade That's another thing glasses and trading definitely watch tom crown It's up tommy Ah lucas bradley. I had no idea bernie frank was on the board at sancher Yeah, look at that. You think he would know Uh Capitalism is winners luces and bailouts. This is true spiciest at times tom is uh pretty bullish Okay, so for all that Thank you. Thank you wrenches get rid of uh Get rid of the premium goat. It's too much Diesel I sent you a message on twitter my bank has no issues The question then and tom brings stuff is who's going to be the next bank to fall. That's the question Uh watch tom stream. He actually went over that Bicky on twitter. Thank you Hector domino effect Yeah, I mean this will be the last one for a while You'll see Why thank you It's uh good lighting And uh sun And because I don't do so many live streams, I get to go out and play volleyball one of my needs not all messed up Thank you vacation. You're welcome. Thanks for the update sharing SVP signature and silvergate uh Interesting apid artist rob the government bailing out depositors of sv shows that they could also build the depositors Of all the crypto platforms that went down But they won't because they need to prop up the corrupt banking again Watch that Crap, you know what I forgot to tell everybody Was that video from guy is right here in the description But if you can if you search for coin bureaus the first one comes up It was really good Even even me. I was like, oh, I did not know That the fed now is coming that fast kind of scary and I'm not a big uh You know, they're all against me type of person, but what guy was talking about did make a heck of a lot of sense scary Mr. Two-point fantastic question. We do that 25% just waiting for any good opportunity crashing crypto equity something else real estate because If you don't know like ebb and dollar cost averaging the regular amount for I want to say a month now I was micro DCing that cash is uh the majority of that will go to fund New properties that are going to be distressed and that day is coming fast I don't know if it's going to come tomorrow or six months or a year and a half from now. I'm not for sure But I know they're coming and that's what happens Happened in 2008. It's what happened in the 80s. What happened in the 70s and it's going to happen again This is true That's very true Money on bank or bitcoin In all honesty, I mean you can still do the things in the bank It's not like the banks are going to let you down right now and people I know everybody's like everybody will tell you Take that money out of the bank and da da da You can do that But then you got to stick on your mattress. I don't know if that's uh the right thing for you to do The best thing I can tell you though is if you have any of your crypto on exchange, why do you do that? It's very simple There's this thing. It's called a nano ledger I talk about all the time and you can buy them quite cheaply even at best buy And I show you how to use them on dan teaches crypto Which is dot com, which is free So for that one, I can't help you But that's okay John says with all these banks going on to deposit my cash for the safety of the Sinaloa cartel bank Look, if anybody knows how to move money, it's those guys. Uh, let's be honest I know if look burn inverse your own research desert dog Uh Andrey's got a good point. You need to get more and more deflationary. Nothing to see here though. It's a great website Sound dot money. I don't think you guys have ever seen this one I guess it's not there anymore Okay, that's why it's called ultrasound dot money. Let me show you what I'm talking about as far as deflationary website ultrasound dot money and You can have it to simulate a proof of work or you can switch over And have a proof of stake and what it shows you is the amount of e-supply as it went from proof of stake Which is what we have right now And let's see current supply issuance supply growth is negative zero point four seven percent a year burn So now so it looks like a deflationary But if you want to switch it over to what it was when it was proof of work So it'd be three percent of proof of work If the year issuance four thousand, let me see the other one So, yeah Just deflationary for right now. So andrey's got a point. I gotta tell you me personally I was a little bit hesitant to talk up ethereum. So I always thought there was gonna be an eth killer out there I did think that But I gotta tell you after talking to a lot of these different Projects we're trying to launch our own Not our own crypto. It's a flappy bird. It's i've been talking about it for a while I see where they've got a stranglehold in a lot of places unfortunately But that's it The William O'Leary says bitcoin be down to 12k in four months Bill could be right. You never know Uh, rob you watch the lin allen interview on what bitcoin you had fed is broke. What's your thoughts? No I have and I probably will Lin Alden such as She's smart Very smart sometimes goes over my head and like what I had to rewind it and play it back again Lin was also on ben's show. That was a great one. I watched that a couple times very well done Love interviewing 100 we can do better. Yeah I'm happy enough with that. Let's see a merit raid No way starling bank uk's banal crypto transactions are out. Well Not everybody got the memo And here's the thing you have to understand This is going to happen Some banks are just like we don't want to be a part of that. That's just we just don't want to do it We just don't want to deal with it. That's fine That's the economy. That's the uh free trade So that's the market if they don't want to do it then you move on Unfortunately, the question that you might have is well, will all banks do this? No, I don't think so and if they will I just don't see it happening. There's too much money to make and let's be honest banks are greedy Yeah, that could be true Joshua says how hard is it to move to Puerto Rico? If you do a search for digital asset news, Puerto Rico, there'll be a couple videos that come up Watch those videos. Watch the the latest one. I tell you exactly how hard it is not that tough But depends on what you want to do Still screaming after you the machine skis less than earth. I don't blame you I don't blame you Let's see Hector's got a good point. I keep hearing this the last one for a while As far as you know, I kept hearing Hector was this I kept hearing That's the last black swan. We're not gonna this is it You know the bottom's in black swan that you know, we're not going to keep having these And seem like every every time that I turn the on the TV. There's a black swan event now This black swan event did pretty well for crypto investors, correct? We're doing pretty nice Almost up 16 but in all honesty like How long can we maintain this? Moving forward. I don't know for sure But I know I would take a little bit of me personally took a little profits today Yeah Yeah, you're right Rob, I said it before but landlords that earn a lot of passive income have a better than a vast majority of workers Some of us can't afford to be there though. No It's true. But the thing is is that you can at some point get there I mean look at like look so And like when I was growing up it was just uh, me and my brother was my mom. My mom wasn't the She was a very hard worker, right But finance and investing not her thing, you know, and then for a while we were homeless for a bit And it sucked But you know as a kid you're like, well, you know, it could be worse I mean, I was still in the United States. That was pretty awesome But then, you know, you you get over it's like I was like, well, I gotta make some money High school didn't do so hot one of the military and that's pretty much Coming over the hump and you just kind of figure out like, okay There's something that I can do. I gotta start from bottom and just slowly but surely and then, you know, you get into like your 40s or Pushing 50 and all of a sudden you're like, oh All this stuff kind of worked out and it doesn't matter if you didn't make it before Doesn't matter where you started just matters where you where you try to finish up. So Everybody can start I start somewhere All right, I got you biggie. I saw your message In your view is this recent pump on crypto sustainable. Yeah, it's sustainable in the fact that if if people keep hearing about more bank insolvencies and If the government doesn't see it or they just more banks have to go down Then yes, it is sustainable because people are like, what's that? Bitcoin that all my friends keep or my friend my crazy one friend keep telling me about that's me. I'm that friend Maybe I should look into that because maybe I can actually have access to that and that could be like my hedge against Banks collapsing wouldn't that be crazy if it wasn't the financial ruin That did it and it wasn't a housing market crash that did it And it wasn't inflation that did it. It's just a bunch of banks Going bust that brought crypto to the forefront and just made this enormous This said this enormous bull run That'd be interesting Yes, I'm just got a good point. I show my wife. You're how to do a ledger video just in case I die She booked one of the website great. It'll be up for the end of time. Well until I go away Thank you everyone Yes, uh jade crypto in my jam that was a that was a Great interview. I need to link that Hmm Rob one Australian vision mate. I've never been there. I should probably go there pubs. I like that pubs and dogs even better Tito's got a good point and the point is polygon Yeah, the next flex one is Duncan don't it's going under let's hope not I gotta keep this svelte body up The body's run on Duncan Huh I shorted from 25k took problems 19k. I tripped my money pulling out my profits and kept my initial in And I got liquidated. I'm building a new short position. Well All right Yeah, I mean it's just Like I said, it doesn't matter where you start Thank you What will it mean if eth and other covers are deemed secure in the u.s What if you mean possible for the numbers of blockchain or register? Yeah, it'll it'll be possible The thing is here's a here's a scenario Gary wins out for whatever reason and he gets his way and everything is a security he gets Congress to agree with him Right because it's not Gary's job to write the rules. It's Gary's job at the as you see to enforce the rules. Unfortunately He 100% believes what he believes Or maybe his overlord tell him what to believe. I don't know but So gary is going to say that everything is a security The cftc is going to say no, no everything's a commodity So I don't see how they can start enforcing that without congress stepping in and going let us write the rules and the laws Because you guys don't know or we don't really know Where things lie, which I think is the smartest the smartest way to do it So we'll take a look at the how we test and maybe we'll update it. Maybe we'll do a new organization Barring all that Let's just say that they say, okay Ethereum is a security and everything else is security besides bitcoin Well, first of all the price of bitcoin is going to go to the fn roof Because people are like, well, great. I know I can get that on these exchanges Because now these exchanges have to register selling securities And the ones that they don't which is only one which is bitcoin They're all going to have bitcoin So people are going to start buying it up and the price is going to go crazy and whatever else So the ethereum foundation cardano and avalanche and all those different organizations are going to be like, okay Well, how do I how do we register our project with the sec? And they're going to have to do it. I have to jump through a bunch of hoops They're going to need a lot of money to do those things and the ones that can do that are the ones that are successful right now And actually have a good product the ones that are like ranked 900 800 700 Most those will just die because they don't have the funds to do it And they spent too much in the bull market because they were just a bunch of scams anyhow But the ones that are like mid tier The bigger the probably the bigger crypto products just like in the dot-com era the you know the facebook's the google's you know these big Titans amazons they're just going to buy up these these smaller crypto products absorb them into themselves and make themselves even better That's exactly what facebook did exactly what amazon does in google the same is going to happen with crypto They're going to absorb them and take all the developers all their ip then start to register with the sec And that's going to then they're going to be Put on some exchange the exchanges themselves are going to have to register just like how Every place that sells a security aka stocks has to do it themselves paperwork time and whatever else but in that timeframe Bitcoin should take off because it's the only crypto that people are going to be able to buy because everything else is stuck Because gary genzer for some reason got his way. That's in bizarro world I don't know that's gonna when I happen, but there's a reason Why bitcoins my number one hold in my portfolio? It's because of nonsense like that. So that's it. That's what I see other than that Who knows maybe the Congress will create a whole new governmental organization to oversee digital assets. That would be the ideal Truth no kidding golfer Too much stuff going on. I couldn't I couldn't just fit that into a regular video. I had to talk to everybody A polygon with zero points any advice on any on a projects be careful Because I don't really know if any of them are really worth their weight Like I I don't really get into them But I could tell you chat gpt and uh mid-journey Fantastic stuff. What do you think I get all the titles for these videos? Ah Yeah, alice crypto says this is unsustainable could be right Matt says, how do you feel about keeping fiat on coinbase? I pulled my crypto off to a ledger. Great. What about fiat? I said with loanors. What do you think in this situation? I think this could work out very well for matthew because he's got loan orders Maybe he sets in he's like look When bitcoin goes to 18k execute and for that, you know, might need fiat on there me personally Um, I don't do that. All I do is just set it up to to buy every day You know these different cryptos and altcoins But uh for you sure why not but the big thing is remember Uh You're probably doing this as you know every so many days start taking your crypto off as if it makes sense If you're buying 10 dollars of ethereum every day, there's no reason you have to Take your ethereum put on your nano ledger because just the uh the fees will crush you So jason goes rob. What's your view of more and more banks get bailed out? Is it worth increasing dollar-cost average amount and buy daily rather than weekly? Well, I can't tell you what to do, but I for me I dollar cost average every day and what I use is I use coinbase Because they have coinbase one and when you sign up for coinbase one It's 29 bucks a month, but there's no fees of the 10 thousand dollars if you pay for a year It's only 19 bucks a month, which is what I pay And every day I just buy crypto. It's the bitcoin ethereum cardano avalanche polka dot chain link near and some other ones I always forget about But yeah, it's like every day every week And as far as like if more banks get bailed out, honestly if more banks get bailed out I think that would instill more confidence into people I think one of the reasons why we see a little bit of a of a rally today Is that people are scared. I don't know where to put their their money even my brother Who is not a crypto person was like, hey, man, what I do with my money? I was like, well that stuff I was talking to you about a long time ago, which never did Maybe you should put into that And um, so yeah, I think as more banks get bailed out I know see me will say it's not a bailout. It's not a bailout That'll instill confidence and people will calm down people have a very short attention span and a memory. That's for sure So Noel says if our crypto are securities, can we manage our crypto by an accredited investor? I buy securities every day It's on on Robinhood They're stocks those are securities. So you don't need a creditor investor I mean to get some really good deals, which I got to tell you is probably the worst rule And I get the debate but it seems like if you make a lot of money, you can make more money because you're an accredited investor That's how I see it Tito says buy coin base if it drops below perhaps Yes Brad asked the question Weren't you the guy who believed Voyager was a good investment? Well, first of all, I didn't see their problems per se in the beginning But I believe that Voyager was great I thought it was a fantastic platform I like the fact that it was a brokerage and it would use different Crypto exchanges so it wouldn't go down So like if one exchange went down, it's okay because they would just use different ones And they would get you the best price they would they were supposed to Be taking profits on the spread Unfortunately everything works till it doesn't and then when Steve earlick the ceo decided him and his team decided to take a massive loan to three arrows capital uncollateralized And only because they are a public company were those documents released and within that was two weeks prior To when they shut down withdrawals and I took a look at that and said I can't use Voyager anymore I did a video on that and there is a link In the description Of every single one of my videos which talks about the zealousy as Voyager timeline And I said right here June 22nd take all your crypto off of Voyager. Here's the link to the video July 1st withdraws frozen So to answer your question brad you are 100 correct I did believe in Voyager And the anodism didn't believe in me and moved on So Yeah, John's got a good point on no rob. Something doesn't smell right feels like one big push up before a massive dump still next year Could be That's just it Like you know how you like I dollock I ladder dollocos average in I can dollocos average right out Maybe I sold some avalanche today Maybe I sold some near today just a little bit Just to have someone aside because maybe I think it's gonna down. Maybe it doesn't go down. Maybe it goes up It's okay. I've been buying every single day for a month. Actually, I've been buying every single day for Over a year and some change now, but to a lesser extent A month before called micro DCing it That's true This is what me and ben and guy talk about after the shows if we're going for a recession And he says if you haven't figured out another fetus spoon feeding us a recession, maybe so But it's what flavor are we gonna get that recession in? Is it going to be Red licorice or black licorice? Is it going to be a soft landing or a hard landing and that's the big question? Yeah Jay today says rob weren't you the guy who said to walk shoulder? Yes. As a matter of fact me and meme and lucas and uh Max and brine people who are in the chat right now We meet at amigos de los animales on sunday eight in the morning here in Well, it's in portorico But it's just in louisa And we walk the shelter dogs On the on the boardwalk very nice takes about an hour or so dogs really love it I love to do it and people come out and support me. So I appreciate that and I buy them breakfast It's a pretty good deal. Although no one really takes me up on that breakfast offer for some reason Everybody wants to pay for themselves Because I think they're just a bunch of ballers We'll find Yeah And that's it And then what are the fair offense is I can't see how this ends well with money printing inflation Fair offend neither did I that's the big question, but that's it for today. So look everybody. Thanks for stopping by Listen to us going on tomorrow. Just be a regular video probably not another live stream until the weekend But that's it for today. So thanks so much. I appreciate it Thumbs up like it subscribe and good luck For this week. I'll see you guys on the next one adios