 Welcome to digital asset news to get top stories and crypto and break it out of bite-sized pieces today We're doing a little bit something different Well, not really that much different because everybody talked about these things before in general We're talking about price predictions, and I've got my friend from coast all the way from Costa Rica Jerry Hall to come in here and help me explain not just explain but kind of Take a look at my price predictions and for him to say Yeah, that's that sounds like it's right on or that sounds like it's a little bit off And so I always like to get different opinions because I don't like an echo chamber and Jerry is one of those guys That will set me straight. So Jerry How's it going? It's going really well. Thanks for having me on the show today, Rob any time man hmm So if you don't know Jerry Hall's got his own show it's very smart show and that's why I like I try to catch it and Try to hang with him as he's talking But smart guy says a lot of smart things a lot of different guests on as far as cryptocurrency, and that's Jerry v. Hall not Jerry Hall Yeah, not Jagger's wife not Mick Jagger's wife Jerry v. Hall And I think I put Jerry Hall Jerry v. Hall's YouTube channel at the top of the description of this video So everybody thanks for coming in I appreciate it So let's see so Jerry what do you want to talk about you want to talk about a little price action? Let's do that and also let's let's wish everybody a wonderful holiday weekend in the United States And for those of you that are outside of the United States, I hope that this Sunday is bringing you some a Respite from the last five weeks, you know, I just caught your premiere prior to this live stream And in that Alex Muskinsky, yeah tweet storm I love diving into analytics right and when he talks about Forecasting another Retraction in the market not based on any kind of like gut feelings that he has but yeah looking at something Analytical right this is a metric if you know that X amount of GVTC had a specific chronological lockup and that that lockup is gonna be removed Well, take a look at what was going on when it when those contracts were created or that GVTC was purchased in January Yeah at an average price of $22,000 and they're gonna roll off here in 22 thanks Jerry I couldn't get that 22k okay a week right about a week these things start rolling off How much of that is? going to get liquidated for profit in The crypto space us retail holders 50% is nothing we hold I mean come on. We're here for thousands of percent sometimes right but in traditional markets to capture a 50% gain in six months is It's it's remarkable No, it's it's huge. I mean and that's what it comes down to in the traditional market space, right? So we should expect that a lot of those purchases Will get sold off for profit because that is what they're in business for right a lot of hedge funds are not here for 20 years They're here to get a return for their invest investors now on a quarter by quarter basis It's the truth. It's the truth is that's what it's the truth is it's the truth It's so if if you guys missed the the live premiere now We're doing a live stream. This is exactly what Jerry's talking about and we talked about this today And it was from Alex machine ski and I had brought this up because the grayscale lockup period is it was expiring and what Alex Machinsky says is he says hey, we've got two capitulation selling events One is the FOMO one is a flash sale and we're about to see a third wave and we're at and he says We're about to get one more wave of selling mostly from the FOMO of 20 billion 20 billion with a B Worth of grayscale Bitcoin trust for minstrel. She'll trade hedge funds use leverage loans from Genesis trading others to buy Bitcoin in January February so 22,000 whatever else it is and they're gonna unload on us around July 17th 1819 all the way the 26th So just expect a little bit of a pain point like Jerry just talked about But who cares? Who I'll tell you I care Why do you care Jerry? Well, I'll tell you why there's two factors here and people don't talk about this I don't understand why one Let's say you were a new retail investor, right? And you came in and you started buying up in January, right? Your dollar cost averaging in and you weren't even Putting dollars into let's say Bitcoin when it was going up 58,059 60 64 63 The beauty of cryptocurrency that we do not see in the traditional markets because they have what they call wash trading laws or rules Don't apply in crypto because crypto isn't a security. It's a property So what I can do is if I was one of these people who are buying up Bitcoin over the price that it is today I Can sell all of that Bitcoin book attacks loss and buy it right back Yes, I will pay some trading fees, but the trading fees that I pay on a wash trade Procedure aren't our minuscule. They're they're they're nothing compared to being able to capture that tax loss Yeah, so that when I want to a or have to do my taxes on my yield that I'm earning. Yeah Or there's an arrest. I want to sell And capture a profit on it So tax likes heart tax loss harvesting is a big issue then the other element of this is to Think about okay if this thesis that Alex from Celsius is rolling out is true And I believe he wouldn't say it if he didn't have concrete facts This is the time to be stacking US DC in Anticipation of a $29,000 Bitcoin, right? So if I'm already Averaging I'm not going to change the I'm not going to change my Principle or my habit or my commitment. I'm just going to change what asset I'm dollar cost averaging into a dollar cost average into US DC Stacks some of it Yeah, Bitcoin hits $29,000 or whatever my if it's lower than my average cost per Bitcoin today Then I am actually making a smart Investment on it's a good buy Yeah, what do you think of that? No, I think it's a good. It's a good thing the thing is that When everything starts to go down if you want to stack your US DC or just stack your dollars on the sidelines and go Okay, once this hits, then I'm gonna it's by the dip, right? It's by the dip in a different way, but the thing is though is like there's been so many damn dips. I'm all dipped out I am earning yield and I can convert portions or a percentage of that yield into US DC to build a little Stash of Rooney in anticipation of a July 17 trash or Rooney a little stash of Rooney under crash Rooney Jerry before I forget Jeff asked a pretty good question goes Is are the people are they selling their? Grayscale Bitcoin shares are they actually selling Bitcoin? Well, I would see here. Well, it's it would be it would be the GBTC shares Okay. Yeah, however, that's a one though Here's an interesting dynamic of GBTC if people don't understand it's a fund and it's Mandate is every dollar that comes in through the purchase of their shares is to buy Bitcoin GBTC itself never sells the Bitcoin GBTC itself does it has no exit That's an interesting point. Not a lot of people understand that about GBTC So how this can affect the price of Bitcoin is if the shares sell off Then you get the traditional market bleeding over into the crypto market Understand got it. It's not a one-to-one Relation you yeah So that is that little part and it bleeds over just like how we see equities bleed over into into our into our space And that's the problem if you want to call it like that of all the traditional players getting into the into the space We were so happy and we're like damn well if the equities go down then we all go down because what's liquid 24-7? 365 That's right. All right, so everybody welcome to the show. I see we got Alex JDO Gerd chef Steve Walsh that DC present so anyhow, let's get Jerry you want to do some price predictions Let's predict some prices So and then JDO always asked this question. He's like, how do you come to your price prediction? So For me what I do is there's a Ouija board now So so I do I just What I like to do is first of all I take a look at the tokenomics and I say okay Well, how much does this apply? So let's just take some of the craziness that is She but you knew okay, you're talking to quadrillions. All right And when people are talking about it's going to a dollar or it's going to 20 I'm like you're moron. It's not gonna go that high because there's there's so many different tokens You got to look at that first right and then I just say if I look at and I want to take a look also at the history Especially with Bitcoin and we'll get to the Bitcoin and all the other old stuff that I had before But I want to start a little bit differently and talk about things like that So I take a look at the old How it's hit it's all-time high just for this year not not all the way together But just in 2021 because some cryptos actually in 2017 They were higher than in 2021 which is kind of crazy But it is what it is and I look at that I go is there still potential is there still competition is the is the team Still together and are they actually forging forward and actually doing something and I just take a look at Fractals and just overlay things and see how it goes now other people like Jerry have a little bit different and they and he will explain his whole Apple ratai and how he does it, but that's just how I do it. So we'll start with basic attention token Okay, so I think it's a great project. I think that in the future Like there's only so much that we can actually sell away and give away as far as our information Facebook screwed us Can we just agree Facebook screwed us and they sell all your data to all the different people Well, the great thing about basic attention token is that you can you can put up with that and you can actually get paid in Basic attention token. I think there's gonna be more competition, but look it's only and I when I say only it kind of sounds weird It's only 1.5 billion the bat browser has had a lot more People different people come in a lot more that's and I think it's at an all-time high It's all-time high. It was at $1.55 But the actual user basis is growing every day the price today is 60 cents. So it's down. Oh gosh, I mean more than More than half and I just looked at and I go well It was $1.55 and in you know, April or May when we start to see that that parabolic run-up Everything starts to go. I can see three bucks. Jerry. Do you own any bat? I do. What do you think? I love I love the brave browser and It's one of the it was one of these projects that when I looked at it and I was trying to forecast its quote-unquote network value um It's adoption rate and through downloads of brave, right? That's how I do it. I look at how many new people are Downloading the brave browser. That's kind of my network gauge. How big is the network growing, right? it's really small and It's not very it's not very it's not compounding at any kind of great rate So I look at that as a project that's two three four five years down the road as far as really getting any scale To it and that is going to probably be due in large part to people's understanding of how things are monetized and what Monetarization is and do you want to take control of monitor, you know monetizing your time? Or are you going to allow? These platforms to make you the product By by putting ads in front of your face. So it's just kind of this I don't think a lot of people are hip to this I mean, it's really easy to reel up against Facebook and go They steal our gata and they do this and they do this the whole deal. This is all Commercialism man, you know, I mean everything there's nothing for free So if you're watching a YouTube video and you think it's free it ain't free somebody's paying for it You know what I mean, and if it doesn't cost you anything then that means you're the product Or the product so so Jerry, what do you think about $3 you think that's that's too crazy this year? I do This year I do but I do think that it is going to be one of these tokens that is here Whereas a lot of these tokens and I'm not saying the specific ones that you have on your screen But a lot of the tokens in the industry are going to melt away Just like if you took a snapshot at the top 1,000 coins a year ago There are a lot of those that are gone and how about go back four years even more of those are gone They're just not around or if they are they're just dust, you know kind of sitting in a dustpan somewhere So I think that's got a long long journey ahead of it, but I think it's going to be wonderful So download your break browser collect your back tokens. Yeah And let it ride. Well, how about this? Do you think that the the price of basic bench token could hit $1.55? It's original all-time high of this year Yes from 60 cents to $1.55 by January 1st of 2021. It could It could I wouldn't bet on that Well, we're not betting. We're just investing Jerry. That's nothing big. Okay. Yeah, I guess those two things are not mutually exclusive So we got that one. How about storm x? I'll be honest. I know nothing about storm x. We'll skip it storm x is one of those It's actually one of those things you'd actually use like you can download it right now You can go to like I want to say it's over 700 different sites and when you buy things like Shopping like a lolly like a lolly or something. Yes, and then you get crypto back. You can stake it They just got a nice little partnership with the Portland Trailblazers the NBA basketball team. Oh, sweet Yeah, so it was a 20 cents. I thought maybe go to 50 cents. So but I think tokens like that that are they're literally Just an it's a digital extension and with more functionality, right? More functionality than alert a loyalty reward program And look at how well loyalty reward programs have been over the last 15 years Yeah, like miles cash back Dun-tut-tut-tut what people don't realize is that they're paying for that up front, but it doesn't appear that way, right? So I think it'll do well if anything that incentivizes you is Going to have some footing somewhere Yeah, it took a bit of a tumble when it lost Walmart because it's Walmart has gone in and out with them So if they get Walmart again, I think it could definitely do that and it's a good company good team Simon all stuff So this is I'm gonna look into this ST Yes, Dormax Okay, keep going I learned so much on your channel, right? Thank you. Well, I try I learn a lot on your channel T fuel So theta, you know, and I've talked about this at length theta I think it's big because we're talking about the caching of Streaming services. They don't compete with YouTube. They're actually working in conjunction with YouTube Google is one of their validator nodes their enterprise ones and Theta is the governance token T fueled is the yeah It's like the currency of the blockchain and it started out like pennies it hit an all-time high of 67 cents. They just Launched their main net 3.0. I just did a video yesterday actually talking about how you can stake your t-fuel to get even more t-fuel which is just a you know, Research recirculating type of fund. You can also stake your theta 67 cents I thought hey, you probably go to a buck because it's it went from nothing to like I think it I know it's in the top 50 right now And I think it's just growing and growing growing also in the fact that it's got a lot of different big partnerships As far as like with NFTs. So do you know do you want any Jerry? I have I own some theta But I'll tell you it's such a small portion of my portfolio. Here's the thing I I've placed some bets on some tokens that represent apps That have a possibility of reaching a billion users Theta is an app that has the possibility of reaching a billion users Audius hat is an app that has a potential of reaching a billion people But I was around and in an eyeball deep in the XRP army back when cinnamon video came out Yes, and the whole concept of the cinnamon video platform was here. We are gonna monetize Yeah, this network by Directly funding Content creators. What a great idea It never really did anything it didn't you know what because it was competing with YouTube. That's why I Think well, I think don't you think theta's kind of gonna compete with YouTube You know that the whole premise no no because well theta the actual governance token I mean the whole thing about that is I mean sure you can stream on theta and you can stream on YouTube But really what theta is really doing is that they're allowing because even Steve Chen Who is the the founder one of the founders of YouTube even on the website and he's one of the advisors He says this is great And I talked with us because like think about these huge data centers that Google has they're super expensive And he's like, you know, it's really hard to get out this information for like a 4k I mean just HD did forget about 4k HD 4k 8k a thought whatever comes up 100k. I don't know What would be great is if they could use a these decentralized nodes throughout the entire globe They could cash these different types of streams into people's computers and they could pull them off Throughout the whole area and they could just pay a little bit of t-fuel instead Basically an adjunct and a in a circumvent cloud storage for capacity. Yes, okay Exactly. Well, I mean I do own some some theta and I'm not at all unhappy with it But hey, Jerry, you got to check out my video how to stake theta. You're gonna look good I have to do that. Yeah, I just dropped it yesterday. You're gonna like it into yield yield is good Yeah, Jerry's a genius at getting the yield. That's why I like his channel. Okay, so T-fuel you think you hit a buck not really There's a lot of users coming up. Yeah, but I don't see well NFT I would understand the manufacturing of t-fuel component relative to it's The demand for it on the network to start to get a ratio and understand it I'm not that deep into the weeds with the the fuel my buddy Nick black is really in to that He understands that that whole theta ecosystem far better than I do Gotcha. All right. We'll skip it. How about the adione avalanche? I do Okay, talk to us about this one. This is one of those ones that has like a super star team and they really haven't broken out I mean they're in the top 100, right and I like this for five of these layer one protocols or smart contract protocols that are exactly in the same boat is Yes, yes Yes, and that's what that's one thing that that concerns me because there's so much competition But maybe I think there's a lot of room for everybody So looking at the supply you're looking at a circulating supply of 172 max apply of 377 million not billion million Right. Yeah, the all-time I hit 52 bucks, which I was like that's pretty good Today's price is 1250 so even I think it could least go to 50 But I said, you know what I think go to 50 plus a little bit more Especially as everything heats up between Ethereum and Cardano and then again, like you said the layer one solutions like an avalanche Maybe in a tasos who knows but that's what I got. So where do you see this going this year Jerry? Wow There's the thing although All of these layer ones and there's a whole bunch and we can put in the same exact like basket if they don't get a gap out That makes it easy for people to use the decks Yeah Yeah, no because because here's the thing. What what is the appeal to a dex? Well, for most people, it's the ability to have one concrete asset Generate a new asset that will hopefully appreciate a whole value. Yeah, right, right IE create and that's where yield comes from in in these print and these mechanisms. Well, if If you don't get that part of the market You're still years away from other daps being built on it that are not quote-unquote yield or liquidity Mechanisms sure. So that's the only way to get something spun up quickly is right dexing And I'm not I'm not at all convinced that avalanche or there's like set like I said five or six other these Smart contract protocols that are all trying to do the same thing But I'm not sure that they've got that worked out and what have we learned from That whole new brave world of DeFi That if you don't have it done correctly You're at high risk for a rug pull and rug pulls suck and I'm too I'm too attached to my monetary units to Easily just throw money at stuff. You know what I mean? Let's hope did I get my 32%? I Gotta get you know, we should ask that question is Mark Cuban. Maybe he knows how it feels So anyhow, I Think I think I think avalanche So I'm going to have One of their I think it's the COO on the channel pretty soon Oh, and we're gonna talk about what they're doing as far as their decks the staking How the whole thing works and from what I understand It's going to happen and it's gonna be pretty big It's crazy to me like all these things are happening at the same time. You feel it like July We're gonna see EIP 1559 come about with Ethereum and then in August We're gonna see the smart contracts kind of get rolled out with Cardano and then of course after July We're gonna see these these grayscale Bitcoin shares Don't forget about all the parachains goodies. Yeah, okay dot for polka dot exact another one. That's gonna be huge That's why I think like July is July is just here So people can accumulate if they're smart enough can to do it That's smart enough. This is just investment opinion not investment advice. Don't listen to me. I'm a moron That's my wife. So like when you do these things just do your own research and take a look at what you really think could get into it look at the people behind it and See if it's a good project. Okay avalanche We'll just put it on the shelf because you like I get what you're saying because if you guys think I'm conservative Look at Jerry Jerry's like I don't know enough. I'm not gonna say I'm way more conservative than you But I do own avalanche and I stick it within the avalanche wallet on the avalanche main net We got to do a video about that, you know, I mean, okay, so silo I doubt you've you have any of this No, I don't okay. So for those at home But I will look into it because if you're if it's in your portfolio, it's worth it's I would be ignorant to not Jerry this is the thing silo, you know we talk about utility This is a working app right now. I have it on my phone. It is the combination of WhatsApp, but with true crypto Crypto encoding to when you send messages and even video files true So it does that on top of that. It's like Venmo I don't know what you have Costa Rica But you can send your crypto currencies and there's and they have like over 200 different types You can send through the app and it's also like file coin where you can store All your different data and documents in a decentralized manner Does it incentivize me to use it? How so you can stake it? Oh, okay through the app. You can own silo and stake it in the app right So Did you just say yield? So there's that And And uh, so take a look at it. I will and it's that it's and it's been around since 20 gosh 2016 2017 I always forget so a six dollar a six uh, sorry a Sixth of a cent price today Right with a market with a total supply of 10 billion and a 2.8 billion circulating supply My only question when I see those kind of disparities, right because that's a 70 percent disparity Between total supply and circulating supply when I see disparities that large the question I ask myself is Where is where is it? Where where is that 70? billion Tokens at are they held by the partners and the founders and da da da da Because the last thing in the world I want to do is invest in a project just to make a founder rich No, you laugh, but I'm serious. You would love my token called tomato coin. It's a hundred percent owned by me And uh, he just sent me 10 ethereum We can we can work something out. Do you do you know who owns that 70 billion? So tokenomics. So look there was a video I did let me see if it's here Boy, you're a busy guy. I told you so I did have I did a video on that Okay, silo is it essentialized what's that file client and blah blah blah And it was lock up periods and I forgot the tokenomics specifically. You'd have I'd have to watch the video Well, I can I can find some of that info out right here on clear market cap You're doing a great job, by the way Thanks, Jared. So yeah, so check that out and then now we'll go from there But I thought it was all about lock up periods I actually had the two of the founders on and they explained the tokenomics and it seemed Legitimate so let's see. Where am I what is going on? Okay? So silo, there's another token called scent. I have to skip it Uh, because I don't know enough about it. Um I I own it and it's because it's uh, it's a friends of the show alex mask yoli and trade the chain There's a lot of there's announcements apparently coming out, but they're not coming out yet So i'm gonna skip it so lana another one of these, you know elegant technically Advanced layer one protocols or smart contract protocols Is this the one with it's got as far as like throughput Transactions per second is like 5 000 or 50 000 tps or something in boats in boats, you know easy interoperability And of course like every other we are going to have the most wonderful decks in the world And we're going to have liquidity provision x y and z come on over to selano And stake your luna and whatever else you want to put on here And uh, we'll create 25 000 coins and We promise you you won't get rug pulled until you get rug pulled and then we'll apologize on twitter and move on to the next thing We'll move on to the next rug pull. Are you telling me that salon is a rug pull? Jerry? What you're saying? No, i'm saying i'm saying that as an investor It is important to be cautious with any of these things because remember a lot of these Entities have been running fast and breaking things in the hopes to get something to market And you know what when it comes to my money, I don't want my money in The wild wild west. I'd like it in something that's been engineered properly That the bugs have been worked out before my money went into it And i'm just i'm conservative like that now. Well, I miss out on 25 000 x returns On some of these projects. Yes, I will I'll be the guy sitting there only making 700 a year. I'm sorry You know what and this is this that thing that kind of it doesn't hey kelly Hey kelly It doesn't make me it kind of makes me mad like on on twitter Like people like rob you got to get into this project because it's going to 10 x or it's going to 1000 x or whatever else It is rob you got to do this one and you're a moron if you miss it and rob you get it look I can't get into all these projects. I've only got so much. I mean, I don't know how much money You think I really got but I don't so like when if someone if and this this goes for everybody If someone's not into your project doesn't mean that they don't believe in it They don't think it's going to be great just that they've got their own products to pick. I mean, jeez louise We've got what 10 000 different cryptos out there. It's pretty tough to get into every single one of them So if someone's getting into your project just let it go let it go and be like well I think it's great and it's going to be good and then just find the people that agree with you And then you can guys talk about how great whatever this project is if you're into that's all I can say It's uh, it's kind of annoying sometimes the people like you really should get into this. It's so awesome I can only get into so much anyhow. That's my little rant jerry. Okay. Well, I think everybody's like that right everybody should have An understanding of what capital that they can deploy Yeah, and into the investment world and then and then understand what categories They should from a strategy perspective invest in this is my overall. This is just the the quick kind of 10 000 foot looking down I invest in bitcoin as a store value That's pretty much it I'm not going to get rich off of bitcoin. I've got a large portion of our portfolio is directly into layer one smart contract protocols because I believe those will be the Platforms that applications that reach a billion people will be built on Yeah, and then I've got some utility tokens Like next so nexo Celsius coin. I think I don't have any Voyager, but I think it's a wonderful coin Um, you know coins that add value to its ecosystem in a big way Yeah, right Celsius coin adds a ton of value if you are not in the Celsius network Um the nexo token owns a tremendous gives a tremendous amount of value to somebody who's on that network Those are utility tokens and there's a bunch of them and I have a few Yeah, and then I got some wild cards what I call lottery tickets You know, I've taken a little bit of yield from this and allocated it to that and I let it sit there Yeah, and hopefully it's you know, I generally don't ever invest in anything that I can't stake or or get some yield on some way shape or form Right, but this is how I I've invested into central land my bat investment all these things I've taken yield from existing mechanisms Diverted that over into an allocation into this asset and then found a place to put that asset so that it can Generate more of that asset Creating its own little dollar cost averaging mechanism. Yeah, you know staking is is going to radically change my exit strategies Towards then I'm going to release another one because there's so much yield to have for all these different cryptos I mean imagine just imagine this imagine if You could be I mean you are you you watch this video at the very forefront of all Everything that has to do with crypto and digital assets, right imagine the next 20 years. Let's go to happen I mean look look what happened in the previous 10 bitcoin one from pennies or nothing to $64,000 that it's all-time high so imagine these other ones and what's going to be built on them So if you're looking at generational wealth Some of these things maybe it's not a great idea to get rid of and just kind of go You know what I'm just going to stick half of this and just start staking and now they all won't stay around forever But imagine if you get like a nice staking rewards over the next five years over some of these Why not well take one of the wonderful things that we get to do with these projects is read white papers and understand The the premise or the the mechanism right now case in point cardano 45 billion total Yeah, that will never be more than 45 billion, right? Do you know when they will exhaust that when when when the when the mechanism itself the protocol will no longer Generate any more cardano now. It's like a hundred years from now Oh Well, so if you understand in other words you can stake your cardano and return a cardano token back to you not Transaction fees or any of these kind of things for another hundred years This is an important factor when i'm looking at how i'm going to structure and hold things short term long term etc Remember bitcoin does not have a yield mechanism under itself It doesn't bitcoin has no yield generation mechanism in the protocol. These are all Third parties that have come in and it's right. There's a market The market is created the need for a company to create a platform to make that available Like celsius nexel blah blah blah et cetera black fly abrah blah bitty blue bitty blah bitty blue And as that market gets more and more competitive, it'll be interesting To see how far out the edge they go So you're talking about like yield like 10 20 percent something crazy I don't know it depends. I don't know if that's crazy The market will dictate celsius has got this great thing. I love they change their rates every week based off of their market Yeah, I think void here does something very similar. Oh, yeah, so we'll soon do the same all of uh abrah does the same Where I think it's going to be interesting is in the Not so much the yield generation, but on the dollar side of it The the borrowing side of it like I don't know if you've realized A 10% loan-to-value ratio on abrah. So if you have a hundred dollars You could borrow ten dollars For zero percent Not bad This is not bad This is this many. Yeah, I know pretty good pretty great, right? I keep taking you off the prediction because you can see I'm not a big prediction price guy, but let's keep going So so sue asks a good question and I'm just gonna jump around a little bit How do you fellas feel about bitcoin cash jerry the only bitcoin cash? No, and I'll tell you why bitcoin cash like coin, uh, bitcoin satoshi vision Um bitcoin diamond bitcoin platinum bitcoin tomato every one of those proof of work Protocols has one thing and one thing only it is an excellent accounting system Okay, but without a market There's no what value does it really bring bitcoin has clearly crushed all of its competition in the proof of work category So why would I? In invest it's like Rob you can you got to make an investment in the soft drink industry Okay, you have to make an investment in the soft drink industry You get to choose coca-cola the king Right the next competitor pepsi and like number 30 down on the list is Is is Kirkland brand or okay phantom whatever the What are you gonna get the most returns from you're gonna get it from the king You're gonna get it from the one with the largest user base It's the safest It's the safest but you know What if there's like just devil's advocate like let's just say you go to like phanta and all of a sudden like hey We're going from mexico or we're going from from america. We're gonna branch off into canada and mexico And we're gonna make a big run because it's so down We're just trying to deal with the tally tubbies Right, so so like get over know like it's it's one of those things and that's where these altcoins come in So me personally with bitcoin cash. This was my prediction on january 7th. It was for me 480 bucks I thought on that day it would go to $8,000 at the end of the year And I was pretty certain it's all-time high hit $1,500 And then today it's around 500 bucks and I've drastically reduced that to only 5,000 because the big thing about bitcoin cash is Cheap transactions and super fast But when I see that documentary by vice about Bitcoin regular bitcoin using the lightning network With jack moller's uh strike and how people are actually using it and it's super quick. I'm like That doesn't look good for big exactly So what is what would be the addressable market for all of those proof of state coins that are not bitcoin? They are it's like bitcoin, but cheaper So yes, it will get some appeal from a brand new uneducated investor in this space who says Hmm my mind thinks One unit one coin is one coin. I don't think I don't think about the divisibility of the coin the fractions So I can buy a bitcoin for 35 grand or I can buy a bitcoin cash for 500 I'll buy the bitcoin cash. Well, those those particular To get educated pretty quickly So I think a large part of it's going to quote appeal or market Is going to be educated out of the token Jerry, I don't know man. I don't know. Have you have you been on tiktok lately? Oh, you mean that is there not so much education going on anymore Not high on the list of priorities. Yeah, I'm just gonna tell you there's some meme coins They're like they're going to 100 bucks next week. You got to get in. I'm like you guys are you guys are morons, but uh, whatever So no, I think some people do get educated and uh, it's like it's like, uh, my friend cj from record bell And he's he always quotes some of the older investors and he says buy first research later It'll it'll it'll make you research really fast. I was like, man, that's a good point. All right. So that's that's that part So solana Do you got a price prediction for solana? Where do you think it's going? Let's just say that I'll let you go through and do yours my price predictions are That we're going to have Another uptick in the market before the end of the year and it wouldn't be out of the question for any of these coins to hit previous altimize Oh, of course. See that's super conservative. Okay. So do you how about this you talk about layer two solutions? Do you have polygon? Of course because it makes a therian better Yeah, what do you think I own a therian? That's why I only own polygon because I own a therian So I got it like I even if even a therian Fixes a lot of things with their eith 2.0, which I don't know when that's going to actually happen But you'll still need a layer two solution. I think because there's going to be so many people using a therian That's how it is. So I thought okay 6.3 billion Is the circulating 10 billion max? 2040 cents was the all-time high it went to half. So I thought I think it can hit that and maybe go to four Mm-hmm That's my that's my low case all the way up to eight And it really depends on the people that get behind it because if you got a mark Cuban As long as it doesn't get rug pulled again and people just are like this guy's a moron And you also need a gap with a layer two you need a gap That creates a user experience that garners more user adoption Yeah, right without that you don't have anything really you have mark Cuban buying some You have you and me talking about it because we can see the potential But there is no there is no if there's no there there What's the point? What's the point? Okay, so we got that one polygon swissborg. I don't think you only swissborg Swissborg is kind of like well swissborg is it's a uh It's a brokerage kind of like voyager. It's uh goes to different exchanges But they are on the uh in the eu And uh voyager, of course is only america. So it was a is a billion supply It's all time. How was a buck 50 Today's price is 63 cents. I thought I could hit that plus more because I think they're doing some expansions a lot of Difference uh partnerships. So I said four so swissborg is the coin It's the uh direct relationship to the cell tokens of celcius Pretty much and then it's got a huge it's got a huge upside Because as this as this market grows more and more people I mean we love yield and you can't get it in the real world anymore really Yeah, really So that has huge upside to it. I'll tell you if it really creates value for its users if if if so Let's go through these real quick iota I this is a crapshoot because it's it's way ahead of its time It's it's it's a blockchain, but it's not It's the dag The acrylic graph something like that 2.7 billion circulating supply all time. I was 250 Now it's 84 cents. I think it could double to five bucks i'm gonna buy some when iota When iota is embedded in my robot made You could pay my robot Uber driver and pay my robot Dine, uh, what do they call it uber eats guy In in all that internet of things is paying, you know the the The non-human actors are having their own economy. Yeah, then i'm in So then i'm i'm passing on there's other things to put my money into BTT i'm gonna skip this one. It's it's uh file sharing type of thing But you know what how about file coin love it So what do you so what do you think because i think there's a there's a huge just like we talked about with theta There's a huge market i think for getting rid of these data centers that it better You know first you have to have the actual land Then you have to build the facility then you have to have the servers Then you have to have people that run it want you to do it in a decentralized way and be able to I don't think they'll get rid of those. I think what they're gonna do is is use as an adjunct Exactly a supplement an add-on And there's a huge market for file coin because business in the expansion to digital It's just this ever ever marching March forward. I used to sing three times in a sense Yeah, I think and just like dnb says file coins a great buy because it was way higher before wasn't it? I want to say Yeah, what it was two hundred twelve bucks for the all-time high now. It's at 60 bucks No file coins file coin the concept of file coin is monstrous Will the execution produce value for its investors? That's always the name of the games, but it wouldn't it's not a bad idea to have some exposure to file coin now I think 300 bucks is I I think we can hit that especially with when people start to get in and where is it? Where is file coin listed? Is it on coinbase? I will tell you exactly where It's listing thanks jerry I gotta do a video on that one Let me uh, let me grab some questions here File coin will get targeted as a security debatable Maybe very debatable. Hey cell sees this as a security seems to work out. Okay So you got finance global coinbase gate.io and Hyoby global just to name a few Um, you got crack and coup coin Did I mention gemini? Oh, good tricks. I mean everywhere. It's everywhere. Yeah, you can't swing a dead cat Without having access to file. Perfect. I like that So there's no excuses for any of you out there not to have at least one file point in your portfolio Shietown XRP takes your advice. He says file coin is coke and btt is pepsi I Can see that I love analogies. Those are good analogies. Okay, so we got that one. Hey, let's okay So this is I know you own this one because you talked about it manana Hello, oh dude Pitch close your eyes for a minute rob and let me take you on a journey So just suppose right all the world credible Incredible online businesses that you've been an entrepreneur around this for a long time whether be creating Tutorials and things for the medical world Even your youtube channel Let's say people can put on their glasses or or plug into their computer and go into the virtual world and With a coordinate go to your store and be in a virtual experience where maybe over here you've got the virtual D You know the dan doing Bitcoin 101 but right over here in this corner of the store Is you doing your video? You know doing your explanation of file coin and then over here at the desk is you is you Your avatar you're really there doing a consultation with with a client But all of this is going on in a virtual world What? Yes, it's happening. It's coming Yes I don't know if I can round my head on that jerry Well, then then don't bring any mana, but no, no, no I see I already did and it was like someone explained to me. It's like that ready player one Show our video our movie that came out. They go imagine imagine this rob in a world Where everything is coming through And it's everything is virtual just like we talk about with land itself the next Evolution is to buy space in the virtual world. There's gonna be so many different ones But usually if you have first mover advantage a lot of the times that's the one that people want to go to So you're gonna buy this virtual pieces of of landscape right and that could be like so you you'll have like a a central park Version, you know not but that in in the value alone and they're gonna have some like, you know Real junk places, but imagining some really good ones and people want to actually put billboards there They want to actually advertise. They want to sell virtual commodities virtual e-commerce nfts and everything else. I was like, okay I get that So like virtual casinos. Yes. That's another thing they talked about because imagine, you know, like There's a lot of different places that people love to gamble, don't they? My friend alex machine alex, uh, masculine loves to gamble And uh, I will just tell you this there's places that you can't gamble because it's not legal But if you go online to a virtual world Slip your head your your headset on and be like, oh, here we go. And then you just start gambling away your your, uh, your mana I think people would that be big that'd be really big scary big. I think that'll be one of the first major monetization elements of that of that whole what they call Megaverse metaverse metaverse metaverse, but I do I honestly believe that what you grew up with Marketing through a website based approach to things is going to is going to morph over into You're going to market through a metaverse System and it'll be the graph. Obviously, it'll be a much more Inclusive user experience. Yes, which will benefit your users your potential clients and potential customers etc etc etc But yeah, don't be surprised if amazon has has lots of territory there Don't be surprised if if ali baba has tremendous amount of territory there Yes, imagine that and then they have big money And they go they go where the they go where the eyeballs are right big money They're the biggest money on the planet. Yeah, let me accompany larger than amazon This is true. Okay, so we got that one. How about Thanks, Grant. It is the greatest I like to keep railing you and I apologize. No, no, no, no These are good discussions because like the things that you know when we talk about mana I didn't really get it I got a piece of it, but then there's another piece to it And I know there's like 10 more layers to it. I don't get yet That's why again Invest first do your research later. Sometimes that's that's what I do. I'm not telling that's what you should do investment opinion Remember not investment advice digibite Digibite since I've gotten into crypto in 2017 man Everybody talked to me about digibite is going to be the next big thing and you don't understand And how fast it is and blah blah blah. I'm like whatever sure I I bought digibite. This is probably one of my most knee jerk buys because I've been hearing about it for four years I'm like, no, no, no. I bought a little bit during that huge 50% dump Uh during the uh when the car smells salesman was doing all those stupid tweets And it went down and I was like, all right, I get some digibite So I had to put it on my because this is the things that I own. So anyhow Uh 14 billion That's a lot Circulating supply 21 billion max all the time I was 16 cents Now it's at four. I thought well throw it a bone a quarter. Do you only digibite? What do you think about it? You don't you know, it's it's a payments token. Um Big you know, there are places where I mean that they have created commercial relationships I know for a fact that you can use digibite to purchase from the Some of the fast food restaurants in venezuela Okay, you know what I mean And if it is less volatile than a country's currency Then right on but it is a proof of stake protocol. It requires mining You can't you you can't validate the digibite network without nodes and validators and miners And it just seems to be a whole I mean when with the new with xrp xlm Uh xdc strike on bitcoin the payment space is getting so crowded with this technology Yes, there is going to it's going to be very difficult for anybody to say there's going to be a winner in the payment space I think it's too early to call No, a call. No, yeah, but there's there's so many things to go through that So I don't know I don't have any money in a digibike because I don't I see it just as another one of these proof of stake mechanisms trying to do Something that it isn't proof of stake is not a great mechanism for payments Number one. That's like the biggest uphill or what you call a headwind. Yeah Yeah, obi. Thanks for uh, thanks for the donation. Appreciate it. People say it's a good coin I'm gonna hold on to it. We'll see what happens. Yeah, if you own it, why wouldn't you? Yeah, right? Okay, so we got that one. Where are we here? Where are we here? Now we come into So let me move this let me get this out of here So the last two are meld and world mobile token so meld I did a video on this And as the last one four days ago meld is crazy because what it does Hold on real quick I am going to be checking out that video directly after this live stream because I just got turned on to meld and I am Huge into yield as you know as a yeah, and it's crazy because like as it was described to me Let me pull this up. Uh, can you see this? Yeah so All right, so yeah, we we go through what it is how it all works and basically in a nutshell This is how this is how it's it's working. It goes like this Um It's going to be like a Celsius, but it is centralized Celsius the centralized Celsius Running on the cardano Network, right? Yeah, exactly. Jerry. That's that's all I need to know So like so it's so it's described like this. Let's say you've got You're like, I mean, I need 50 grand. Okay, cool. Well, let's say bitcoins worth 50 000 They're gonna say give us two bitcoin because you need to collateralize a 2x We'll give you 50 000 fiat. It's instantaneous It'll go there and then we're gonna take those those two Bitcoins that you give us We're going to use that as a liquidity provider for our meld token And you're going to be earning in meld and we're not going to do anything We are not going to like give it away like us like a Celsius or like a nexo does But we're going to use that to actually gain some yield for you We're going to take a little bit of that though as well But most it's going to go back to you and we're going to be able to pay off your loan In for you for you the mechanism of the collateral to pay off your loan for you Yeah, which is insane if I was like like it was hard to like when he first told me Hey, I was like that in any sense. So then we talked about it and we did some nuts and bolts. I'm like, okay well, I can see it but again, it's it's new and uh, this is uh, it's something interesting and then the last thing that was interesting Was that and I'm not saying that this is something you should get into for you at home So you have to understand that this is Brand spanking new risky as all cryptocurrency is digital This is opinion investment opinion not investment advice And I will just say that uh, the the coolest part about it is that they have what's called an ispo and an ispo Is an initial initial stake pool offering instead of a private sale meaning that anybody throughout the entire globe can Get into it and not have to go through AML Uh KYC type of stuff. So how this works is and I've already put uh Ah good not a great chunk But a pretty good chunk of cardano because it's running the cardinal blockchain into their stake pool Which is called meld meld And they have so you're actually staking your ad a into an ad a stake pool And that particular stake pool All the ad a that it generates from the ad a network Is going into its coffers and it's going to give you Its meld token right Instead of ad a back right So I was like well, that's and and I was like well, that's not a bad deal because like let's say for some reason It's a rug pull. Okay Well, that sucks But at least I didn't give them 10 eith or 100 eith or whatever craziness And I'm just gonna lose a little bit of my rewards. I'm gonna get a lot more meld going forward but I think it's it to me looks like a legit project. It has a really good team. You can watch the video on it and uh Again, just go over to dan clips and it'll be right there And but this is jerry. This is one of my my fatal flaws, which is that I believe that everybody's like me I don't think that people are buying large Scammers everybody. I think if you really want to really make a lot if you're looking to make a lot of money Why would you just scam everybody out of it? Why wouldn't you just build a really great product work on that product real hard give it to people Uh, give it to your customers and then have this type of platform for years and years and years to come well because one One requires commitment over a long period of time and the other Well, you know the first one only requires a little bit of engine a little bit of ingenuity in an exit plan Yeah, see like like to me. That's that's my fatal flaw and I always have to tell myself Rob, you have to understand some people suck. That's how it is. No, I will say this looks promising though I'm not saying, you know and and to think about it when you do risk reward, right? Yeah, if I'm not taking money out of actual us dollars out of my normal investment routine I'm just applying a little bit of yield that I would have been generating from cardano And in diverting it into a new token position There's no downside You don't lose like let's say I took 5000 cardano and and pointed it at the m ELD staking pool Yeah I don't if I I'm still in control of that cardano that 5000 cardano It's in my wallet my private keys. That's only the delegation rewards that are coming back to me In the form of the ml. I mean meld token Yeah, I first went to that mechanism with sunday swapping. I am I think it is a wonderful mechanism to help get a bootstrap Project and reward early community members Yeah, it's crazy, right? Let's so real quick. Let's take a look at how much they've actually accumulated For their yes, let's do that. So There's a there's a website and I always forget it So I have to go to my website to get to get there I go We're trying to plug damn teaches crypto, but it's an excellent website if you haven't signed up sign up get the For you newsletter Well, jerry, I am a king. I am the king of the shills So I am plugging it as I as I do both these things So go to damn teaches crypto.com 100% free. I made it 100 free. So everybody just go there and learn things I don't really, you know, just go there and learn. This is how to stake your cardano. I made a nice video very quick And if you're not staking your cardano, why not? You know, it's just it's just it's four to six percent apy. Why not? It never leaves your wallet There's no slashing fees. You can undeligate at any time at any moment doesn't really matter Anyhow, and you can anyone you go here you can see how this all how we compare But there's one thing This website here Like here is one of our we have two pools. So this is the news two. I think we've got 28 million blah, blah, blah Let's let's take a look at meld So saturation point is 63 million Just see you now Geez Louise. I've already got four holy smokes So meld one has Oh my god You think somebody's heard of it already It's almost saturated. So like and the and what they did is they made meld one It's totally like if you put in 10,000 eta, you're gonna get they're gonna keep your eta for the rewards But they're gonna give you the meld token at you know Really reduced price of what it really would sell for whenever it launches. So that's that part but They've done another one where it's 50 50 where you can you can put in your eta And they'll give you 50 percent of your eta rewards from whatever you stake plus 50 percent Of meld, which is pretty I think it's meld two Just go to their website. It's and their website. It's pretty simple to meld.com. They're at 12 Geez, they're a 12 saturation. That's pretty good. What about meld three? Dang 42 million That's crazy. What about meld four? 25,000. Okay. So good for this brand new Whew, that's gonna be a project. All right. So that's what's going on jerry So I think It's got a four billion market cap. I mean four billion circulating supply. So if we just look at First of all, what it does it's gonna be built on the cardano network. So it has to wait for the Smart contracts to come through in august With what it's doing what it promises to do it could be massive I just said I don't know where it's gonna start. But I mean a quarter. I think is somewhat conservative enough if it's if it has this much Hype around it already so I can see doing pretty well. So I've gone into it Investment opinion on investment advice do your own research. I'm gonna tell you to do it I'm just telling you what I am doing and that's what I got for meld. That was a long almost like a pitch All right Tomato coin is fake. How dare you? All right, so Our last one is world mobile token and this one I think is gonna be pretty big Jerry you've heard me talk about this one. I think right I've looked into it. I love it. I loved wait a second I loved the idea which created more research into it only to come to find something that scared the poo out of me Oh, is here it? What do you got? Look at look at the look at the tokenomics Look how much the owners The founders the partners And the seed round investors get 70% of the tokens Let's see World mobile So the seed rounds actually the seed is going on right now. It's a two billion total Take a look at token distribution It's kind of scary Token I think you're gonna need to look at you But jerry Remember, I love the idea. Don't get me wrong. I think it is so cool Yeah To create a telecommunications network From a grassroots And build it up versus having a monster company come in and blanket an area And therefore take everybody in that area hostage to their rates and their And in no way to monetize anybody within the system. It's just an extraction It's an extraction of value mechanism Where this is when you can build a network of actual on the ground people You're building value in the community as well as providing wonderful services and I think it's a great idea. I just did not like how much the founders and the partners were receiving there. Look at it Add up all those wonderful little things So like let's say like node operators. That's 30. That's a lot of who are the nodes. Can you fire up a node? yes Yes, I can you need a hundred thousand world mobile token to be exactly So do you have do you do you have how do you get a hundred thousand world mobile tokens to fire up a node? Well, you have to buy the world mobile token. How I can't buy any right now Well, first of all in Costa Rica, I don't know how it works Americans can't do it because we're screwed out of these types of things, right? Exactly But there's other places outside of America in Costa Rica where they can buy I heard that's true I heard there is a larger world in the u.s. In Costa Rica, but I'm not can't confirm that because I haven't been I don't believe it because I'm an american Okay, but okay 29 for the node operators Okay, almost 20% just for the founders then look at the partnerships Right add add all those things I was counting nodes in that when I said 70% because right now the people who are the nodes are all these guys They're all these partners and co-founders are the ones Getting the nodes. They're the node people. Well, so they don't have nodes up yet. Jerry. They don't have nodes up That's the thing will be the ones trust me. They will and I'm gonna tell you why they're not gonna be the ones Okay, there's there's just like just like xrp has their own nodes, right? This is just like binance has their own nodes They will be part of the other nodes, of course, but it won't be the whole thing So right now this token generation event is going on it actually started on July well today At like one in the morning or something crazy like that and how it worked There was like week zero through week five and they were gonna give not give they're gonna sell 200 million That was in the private sale 200 million, right? So 200 million for week zero through five and the very first week week zero, which is july 4th Let me do some quick math seven plus four That's uh, yeah, so july the one carry the one july 11th They're only gonna give out 25 percent of that 200 million so again quick math 50 million 50 yes 50 million so we got 50 million in the very first week however, you can only buy up to $2,000 worth of World mobile token which is sold sold at 20 cents per buyer per buyer And that and they can only get 50 million now So that starts there which I thought was a pretty good deal on the second week. It does get a little wonky Where they say you can go up to a hundred thousand And then it's another certain percentage of that total token of the other the remaining 150 million Then for the next week another hundred thousand which is week Zero one two two three four five. I doubt very much. They're gonna get into that week too because there's so much from what I understand Excitement around everything else. So we're like, okay, so if we have that There are gonna be some people that are gonna snatch these up. I'm gonna well. I can't do squat because I'm uh Well, first of all, I'm an advisor to these guys just so everybody knows Public disclosure. I'm an advisor So I try to set them up with the different types of things that uh Would help them get the message out So I talk about it I reach out to people and I say you should have them on your show and blah blah blah however Were you part of the decision to make jessica walker their public face on youtube? Who's jessica walker? She's the blonde that with the australian accent who does who interviews and does all the world mobile token Uh marketing stuff on youtube. Well, i'm not a really good advisor because I don't know who she is She sounds great. She sounds great. I'm a pretty girl. Well, there we go. That's why that's why i'm not doing it So so it goes from there, but I will say this and this was what I when I we did a an interview Yesterday, yeah Yesterday was sedric and he's part of the the the community advisor And he said that remember there's a lock-up period of 20 years For all these different tokens for the co-founders for the for the partnerships and everything else So I was like, well, okay. We'll go with I didn't read that anywhere. Where is that part? It's right there. Yeah, where I got my big fat thing you hear the rest will be Released over 20 years. Yeah, that doesn't say Okay, well, you're right. It doesn't exactly say how much you got a point you got a point So We'll do a little deeper dive into it But it looks promising and then uh, where's the thing? Where's the thing? Where's the thing? I was like this video They go into Tanzania Or as as I originally called it Tanzania until somebody corrected me They go into Tanzania and they put up these solar panels and these nodes these mesh nodes They they create telecommunications They create internet service for these villages because the mobile service providers that are going in there Uh, it's too expensive for them to do and then the blockchain part which is world mobile token That's going to give them the digital id built on the cardano foundation It's also going to be able to give them to financial services Also going to be able to give them into hopefully healthcare services and also, you know, just spending things and all those things So I thought it was an interesting thing and they've already done it and they've already spread out into Nigeria and a couple more different villages So we'll see This is one of those wonderful concept. It is a wonderful concept And it's it's the kind of concept that feeds And like adds value to everything we're doing, right? The digital expansion and the exchange of value digitally Is the future so everything that we can do to get people who didn't have access to that system Access to that system benefits us Indirectly and directly Yeah, and then Lawrence has Lawrence has a good question. He says whoops. That's not it Who thinks eight is doing it right? Well, we I think they're doing okay Crypto caddy says no way They are building their own network. Who owns the cables under the ocean. So here's the thing The cable operators and all the different cables that go there. Let me share this screen These cable operators they can get them to Part of the village that's true But they're not going to go to each individual hut and build them out because guess what it's way too expensive So the fiber optics are there but to give to every single little little house like you would do in like the north You know like north america or the eu where they where they put cable optics and fiber into each house This does not happen. That's why they do that thing. So that's like their last mile Okay Rob, please have crazy for cryptos on dave. Yeah, if you ever if you ever stops Sitting around in his green screen and actually gets on the show. I've asked him like 10 times He's always on busy and busy and busy. So we'll see I like dave. He's too busy for me All right. So what what's the next one here? I think that's it That was your your deal I had done something for you just a quick kind of math equation kind of thing That i'm helping to i'm using myself for forecasting It doesn't have much to do with the actual dollars But it does have everything to do with the premise if these are digital monetary networks And their value will be derived by more and more participants on the network i.e. like a metcalfe's law kind of premise Well, we have the advantage in these blockchains of having scan scan explorers being able to look at new wallet creation New active, you know new activity old activity Etc. Etc. Etc. Etc. So if we just look at let's take bitcoin as because it's kind of the big daddy Right and everybody talks about bitcoin if bitcoins adding four million users a month, which is one million a week And we look at that relative to the existing network, right? So We're doing by the end of the year, right? So by december 31st bitcoin Could grow by 42 percent At a six percent a month clip Okay, right, right, okay Right, so we would go from our 150 million users to 240 million users by december 31st 2021 what Can we extrapolate that that user base will consist of is it going to be primarily retail primarily investment capital because obviously Investment capital tends to bring more dollars to a monetary network than a retail investor can right Right, so we just look at what the participation rates have been Over the last year and move them forward to these new expanded numbers Right, so kind of on the back of an envelope I'm looking at bitcoin, you know Hitting $80,000 by christmas and hold, you know having that be kind of the benchmark I'll sure i'm sure there'll be some over shots and some corrections and up and down but I think if it's fair to say you could add 42 to the entire market of the top 20 30 coins 42 i like that from where we are right now right Okay, and have that be kind of a general rule of thumb and see how far over or how far below that's how I Do it as a forecasting mechanism Okay, so so for the uh the slow people like myself say that one more time Add 42 to whatever the coin it is that you like right now And that more or less most likely will be the end of the year price Based off of looking at networks not Other components of partnerships or news or who tweeted this or who tweeted that So 42 from the price right now or the all-time highs? I am a little bit more You know what jerry you are the most conservative guest i've ever had i'm gonna I am I am the no, no, that's good. That's good. That's why I want you on the show I am now the moon boy. I am now the one that's going with the crazy predictions. So bitcoin is at Damn, what is it 35,000 35? I I think it's going to around 100 you know 100 and 130k About the end of the year. Well, wait, maybe are we talking about two different things? Are you talking about an all-time high? It'll hit and then it'll retrace back to in price discovery will will bring it below that Are you talking about what you think the baseline price will be? No, no, I value i'm so all the not on that baseline value I'm just talking about where we can expect or potentially see for like a pretty high price for a particular token at any time During the 2021 calendar year That's that's what I was going with and then martin says dan can you ask? We're a lot of that jamaica out of the kyc country. I can ask i'll tweet at him, but uh They don't really respond to me too much But I can always ask though interesting Yeah, i'm gonna stick to my prediction that way I would rather I would rather have a conservative math-based forecast than a hopeium type thing Because if the hopeium thing comes true Right on i'm still happy because i'm the one holding the assets right and if it doesn't then i'm not let down So okay, so okay jerry here we go you ready for this i'm ready baby. Are you ready? Well first of all every fall jerry Over on his channel. You cannot miss his thumbnails because they're the exact same all the time except for he's got different dates He does every friday night So usually what I do is I is I have a couple beers and I watch jerry, but then uh This this this jerry the last the last one I have here. So just so everybody knows here's my price predictions For my mainstay coins, which is what I had for a long time big going on 30 150 k If there anything's going 8 to 10 k chain length 75 to 100 cardano 5 to 7 theta 30 Celsius 20 or 30 bucks stellar 2 poke dot 75 to 100 tasos 10 I don't know even why I said 10. I think that's a that's a pretty that's not even a smart one for me V chain 40 cents eos 15 Uniswap I do think 60 Voyager still think I still think it's going to 30 avai 1500 Bitcoin cash 5k because what we talked about an xrp If they can win or at least settle with the sec I see between five and eight dollars. Do you think I'm that is good or is that too high jerry? I don't know. I I love I love xrp spent my first two and a half years in the space As a card carrying member of the xrp army I can't get past the irs treatment of xrp until it is In the eyes of the irs deemed a virtual currency not a piece of Digital property I don't think xrp has a strong price for appreciation when you look at how much rip loans Yeah When you look at the tax treatment of any digital asset as a payment mechanism. It's not In my stable coins are the only digital asset good for Payments Yes, but if you're in the united states right now and until that changes It nothing's changed. Nothing's changing I don't know. I don't care how many Uh people in camp bodia are sending money back to japan Using xrp. It does not create the value proposition. It's got to be us dollars. We're the largest market in the world and until the largest market in the world Gets into the payment space with a digital asset It's And it ain't gonna be xrp with the tax treatment. So Okay, okay. Well, so jerry think about this we just covered this today brian armstrong went to Had a little trip to washington Talked to Jerome powell from the federal reserve talked to nancy polosi talked to everybody else Do not give me a thumbs down because you hate that nancy polosi Give me a thumbs down because the video sucked not because you hate nancy polosi So he just talked brian armstrong just talked to her and uh The whole thing was to see, you know, what about this digital dollar? Let's say Devil's advocate they're working on a digital dollar right now and they release it in the next I don't know 12 months. What happens then do you think xrp could be used? Or would that would the cbdc of the digital dollar just kind of supersede that and then we would just use that Until xrp isn't deemed as a asset Yes, that can be taxed for capital loss or capital gains Right. It is not a payments coin. I'm sorry Not not for the u.s. Market not for the largest market in the world Yeah, as far we were the largest consumer market in the world by far nobody might drop nobody even comes close True here's a question. Okay, go ahead. Yeah, I know. So warren baller. Thanks warren Hey, rob. Do you think china's ownership quote unquote of africa in the form of trade? Could do rail cardano thus forcing africa to accept the digital yuan I'll take this real quick. So you have to understand what is the digital yuan the digital yuan is essentially a cbdc So that is what it's it's for payments essentially What is cardano actually bringing to the table, right? They're going to bring The blockchain they're going to which is still the same thing but smart contracts a digital id a form of payment to get into Ownership even if they could actually record land on the blockchain itself That's the whole thing for the smart contracts as well as also to get into finance and even even health care So can the digital yuan do all those things? No, it can be a payment type of service Would they actually come in and force them to say you must use the digital yuan? Yeah, maybe I suppose so if there's that much trade, but here's the question though We get a lot of our of our imports from china Do you think we're going to use the digital yuan? Are you out of your mind the america america will never ever Use the digital yuan. I mean, I just talked about this before we were close Either we did it or we're close to it banning tick tock because we didn't want these types of services this type of program this type of App that could infiltrate america and start to steal any kind of data And I remember trump was talking about it a long time. We're going to ban tick tock I think they I don't they did it for a while. They didn't do it for a while, but can you imagine China coming in and going you're going to use a digital yuan And we're going to get all your information and you're going to that's what you're going to use for trade for us first of all Yeah, right This is what we really should be doing and I'm going to go off on a rant for a little second Is that all the different manufacturing that's this being done in china needs to come to their own countries? And we should get out of china and bring it all the way back to wherever you're from Bring your manufacturing jobs to the country that you're in it'll build all those things. We've gotten too fat off the land of Exporting all our jobs outside bring them all back make the manufacturing jobs there And then because I remember remember that thing all the masks we had to use for this uh, this covid 19 I don't care if you believe if it's true or not. We still had to wear masks Uh, we couldn't even make masks here in america, especially in new york Didn't have the supplies because we had to get it from china. That is a national security problem I think they should bring everything back. So no I do not think we're gonna be using the digital yuan if africa uses it. That's another story That was a long one. Sorry jerry. What do you think? No, I you know, here's the thing Back when you and I were young really young that was a long time You know in the 80s and we were finishing our schools and and you know, some of us were joining the military and protecting this country The powers that be started to leverage what they call labor arbitrage take advantage of the price of labor somewhere else Right, so manufacturing jobs just started leaving the u.s Because they didn't have to keep up with wage like They do here in the states right And and so and we were really cool. We were really happy with exporting all those things Because we have all this other wonderful stuff to generate growth right called debt Yeah, we have an entire population that was willing to take on debt instead of create a good a good or a service Right, right I mean, we were just how hey, let's just create debt It's so much easier than actually having to build a factory and get materials and Build something and pay people to build it. We can do it over there for a lot cheaper. So anyway Long story short. We'll see how all that turns out um This digital asset space is going to level the field for a lot of people But we have to remember this 80 percent of the world's debt is denominated in the u.s. Dollar. The u.s. Dollar is not going away Digital assets do not present a threat to the u.s. Dollar because I've never seen A company's balance sheet say they took out a loan in the digital you want They're taking out u.s. Dollar loans Yeah, and until that until that whole mechanism changes u.s. Dollar is not giving up the king roost on the currency hierarchy No, no, I don't think it's I think it's here to stay for a while But uh things do things seem to accelerate as time goes on So I mean who knows it could take you know what the digital China is invested a tremendous amount of money in infrastructure in africa latin america and throughout the pacific asia Region right and When you are a huge investor in infrastructure in a country you have a say You do have a voice And if they can create if they can start nibbling and that's all it will be is nibbling away at the us hegemony It'll take your lifetime and my lifetime for the balance of power to swing So that's nothing going to happen overnight But that's what china does right play the long game They they play it better than us They do Yeah, they do we're so based on these election cycles and policy cycles of two year four year two year four year Four years, that's all we can think about we have a very short time Time frame that's for sure. It's the Kardashian effect. I think all right Jerry, what else we got is that it I think that might be it I just want to commend you on on your show. You're very You think you're the king of the shell. I think you're very inclusive You have a tendency to you have a much wider scope than I do You're hearing about and you're always out looking and interested in the new thing I'm just trying to protect the little bit that I got You know what I mean and grow it a little more spoken like a true multimillionaire I will just tell you that I'm just protecting the little stuff that I got Jerry whatever That's that's why you're in Costa Rica baller Last one. It says jerry if you if you like yield look into TOS DIs I don't know what that is yield farming and staking as a service For new products much cheaper than pcs only 100k Ethan BC interoper. Okay, so if you're into that type of stuff there And then how about I don't even know what ftm is I don't know that's how that's how how to touch. I am so George says is there a possibility of making money with cbdcs Like digital you on uh How do you mark you become a market maker for Whatever trading partner is trading with the digital you want and it's no it's it's an fx play It's a 4x great. That's all for it. It'll be a 4x trade You got to be a liquidity provider and that's the big thing But you usually have to have two pairs, right? Whatever whatever else it is. So like bitcoin and digital you on or something like that. I'm not gonna I will not touch that though. No, that's just me though Red blooded american. I just i'm a patriot. Hey Speaking of which it's the 4th of july jerry. What are you doing? Uh, you know what down they don't celebrate that down here in latin america Well, what are you doing? That's what I was saying. I was i'm celebrating with you Uh, thanks, you know, I've been daydreaming on this proper. I'm gonna build I'm gonna build down here So I'm looking at property and I have criteria. It's got to have a river I got to be able to generate electricity from water I you know, I I have to have a view You know, I want to be within 30 minutes of The city I live in so that I can have access to all the great stuff here So I've been you know going out and looking at various properties and things and Kind of in my i'm watching construction channels on youtube now Watch you guys build stuff and getting getting my ideas and sketching out stuff and Learning about electric, you know learning about hydroelectric power generation and Yeah, but jerry you like but the thing is like you got your little modest place And you got your pops there. You got your dad and he likes where he's at. He's all set Oh, he'll love the place. I'll build for him Yeah, he will I well, you know how it is, you know, as you get older you get Cremugined you're just like hey man. Here's my friend george pollo loco 47 percent more hope. Hello pollo loco But yeah, man, I I'm I'm anxious to see what you what you build and what you make that'll be interesting That will have you I'll have you and your wife down. We'll do a we'll do a um D news Week because I'm gonna have a compound. There'll be bungalows and a big rec center And we'll come down. We'll have a vacation fund investment course And it'll be really just it'll be just a ruse to have a big celebration But we'll get a whole bunch of your your listeners and followers down. Okay, right? Okay, the five people that follow me on youtube will come down And and we'll do we'll just do a whole thing about you know, uh Looking at, you know, how do we further our investment? Knowledge in our careers as a community not as a I know everything and I'll teach you something It'll be hey, let's come and share and white what better place than go down to jerry's in costa rica You're half an hour from the beach Right people like beaches I hear Beaches i'll be growing my own grapes. We'll make our own wine Okay Hello, hello Sounds good. We'll do all that all right everybody will look we've got an hour and a half I hope that answered a lot of your questions that we went over. So I'll try to put the timestamps in but basically we'll just sum it up like this First of all go check out jerry v. Hall YouTube channel you cannot miss his thumbnails. They look exactly the same. It's every friday nights. You can't miss it And you don't tune in for the production value tune in for the content Comment for the content a lot of lot of smart stuff here was all of my different predictions Jerry pretty much poo pooed all of them Because he's super conservative and he won't he won't moon boy. Just like I do Back to three dollars Back to three bucks storm x 50 cents t fuel a dollar avalanche 75 bucks. I think that's conservative That would be two cents. Yeah since I couldn't say Solana 200 bucks polygon four swiss fork for iota five Two cents for btt 300 bucks for file coin. I think that's when we did kind of agree on a little bit Yeah, big time Manna a dollar. I mean, I don't see how it doesn't what we just talked about digi bite 25 cents throw away Mel the quarter. I don't know that could I don't know that could go anywhere And rolled mobile token when it actually gets released. It's 20 cents right now I don't see it not hitting a buck but I could be wrong and this is all investment opinion not investment advice do your own research and also we talked about bitcoin Briefly I thought it's come between 130 150 alex meshinsky Thinks it's going to 160 and he actually called it right in 2020 He says going to 30k and he and he called it when it was 7 000 So, uh, my I might be the little baller here Ethereum made the 10k 75 cardano five to seven bucks theta 30 bucks Celsius 20 stellar two polka dot 75 tasos 10 40 cents b chain 15 eos 60 bucks uniswap That's kind of moon boy ish Voyager 30 That's a little moon, but I still think he's gonna make it avai 1500 bucks bitcoin cash 5k I might have to redo that one an xrp 5 to 8 bucks if Everything goes right with the sec and I really do think jerry that they're gonna settle and just pay a fine That's that's my thought. Oh, I think ripple is gonna win the case Yeah, my whole thing about xrp is not about ripple. It's it's it's the irs. I want to be real clear I love xrp. I own xrp. Oh, I know you do I know you but for xrp to to do what ripple is built for ripple net to really add value to the world and really just crush it with that coin they need A tax treatment that does not view it as an asset It has to be viewed as a virtual currency And the irs doesn't care that that fin sen has already in court declared it a virtual currency So if the sec comes out and declares it a virtual currency That doesn't mean the irs has to view it as a virtual currency until congress Tells them they have to We'll see what out right your right your congresswomen and your senators and your congresspeople Right then tell them I want xrp as a virtual currency not The digital piece of property change the irs tax treatment, please or we'll vote you out Or we'll vote you out we'll vote in some other crypto friendly person Who's gonna have their whole campaign on decentral land? Oh imagine and we'll have virtual popcorn Virtual billboards virtual virtual town hall meetings. All right Yeah, see The first politician that does that Baller that's happening. It's happening. All right, everybody. So our 30 that is my limits That is it. Thanks for stopping by for the whole one. I appreciate it. If you liked it give it a thumbs up If you didn't like it the the thumbs down is broke and but also consider subscribing Check out jerry hall and that's it for today. Thanks so much everybody. So on the next one