 Welcome to Digital Asset News, Ticket Top Stories and Cryptocurrency and Digital Assets. Now I'm bringing about a bite-sized piece as today, fantastic news for the cryptocurrency and digital asset market. All of a sudden, Elon Musk comes out of nowhere and says, hey, guess what? You can buy a Tesla with Bitcoin. So this is great news for us, but that's really not the big story. The big story is in conversions. We'll go over that in just a bit. Also, we're going to talk about how Coinbase CEO Brian Armstrong owns close to $14 billion of company stock ahead of the market debut, which I thought was going to be an IPO, but it's going to be a little bit different. And it looks like Brian could be doing a little bit of dumping. And then we'll finish off with just a couple of great information pieces. Mad Money's Jim Kramer says gold let him down, put 5% Bitcoin. And this is one of the smartest things I've heard anybody in the traditional finance sector actually say. And then we'll finish off with a little snippet of information where institutional investors stake over $100 million in the Theta network. And this is probably why one of the reasons why we've been talking with this actually a lot lately of why Theta has gone through the roof. So we'll go over those pieces, but first let's take a look at what's going on into the market. So today it is March 24th. It's high noon. I'll pass with Texas time. And here's what we got total market cap of 1.75 trillion. And we were kind of in a, I wouldn't say a downward spiral, but moving a lot of sideways action and really not too much going on. Now all of a sudden we've got a little bit of information from Elon Musk saying that he's going to accept Bitcoin for his fantastic cars and maybe the Cybertruck. And all of a sudden everything turns around. So it's amazing what one man's tweet and the actions of one company can really change the entire trajectory of what is going on in cryptocurrency market. But that's exactly what happened. So it looks like even the daily sentiment's a little bit bearish, but here's what we have. So Bitcoin, quite a rally, 56, 445 and it's up just a percentage point. But I, like I said, I thought we were going to go down a little bit further. I thought we're going to touch around 52 and 50K. But look, if you're a TA person, these are the things that you just really can't account for when some, you know, mythical unicorn comes out and says, Hey, this is what we're going to do. It's just, it's impossible to really take into account and just kind of ride the wave. I feel sorry for anybody who was trying to short Bitcoin at this point because they got wrecked pretty hard. And I'll probably hear those stories in the comments sections later, I'm sure. And yeah, Ethereum down a little bit, finance coin, anything up a little bit, anything really fantastic besides, ugh, even Theta took a little bit of a dip today. And it's around 1287. But what a magnificent run. I mean, we just like six months ago, I think it was under a dollar. I remember when I was talking about it and I bought it, it was well under, I think it was under 50 cents when I got it. And here we are. But it's a pretty good project. And we'll see how much, what kind of legs it actually has. And that's really what's going on. Let's just take a look. Actually, you know what I should do is blow this up so you can see what I'm talking about. Oh, can't do that. Let me see here. One hour projected range. Let's take a look at what could potentially be the next big thing. This of course is trade the chain where we use sentiment analysis, BTU protocol, no idea what this is, harvest finance, storage, the key and electronium. So if you're a trader, I am personally am not. Maybe those will be something to look into as the sentiment analysis looks like it's looking pretty good. Anyhow, that's what's going on in the markets. Let's take a look at what's going on in today's top store. So this right here is what it's all about. Again, you really can't get much bigger than this. And I remember when PayPal came out and they said they were going to offer Bitcoin, Bitcoin Cash, Litecoin, Ethereum. And that was a pretty big story. Then like two, three weeks later, we had Elon Musk coming out and say, yeah, we're going to buy 1.5 billion worth of Bitcoin. And I have to tell you, even I was a little bit skeptical because I thought it was just, it was a pretty good, you know, play to do that type of thing. I know Michael Saylor with Michael strategy had really been in the news and talked about that at length. And he'd actually talked to Elon Musk about doing this. So I didn't really put much weight into it. I thought at some point they would actually sell. I know Michael Saylor wouldn't sell, but here we are with Elon Musk going, Hey, you know what? This is what the tweet says. You can now buy a Tesla with Bitcoin. And there's this next two pieces. I mean, that's great information. It really is. You can buy with Bitcoin. Great. But as soon as I saw this, I said it's not going to make a difference unless they keep it in Bitcoin. Because the reason is is because everybody out there, all the gold bugs and one of the more famous ones, I never say his name on this channel because he has the biggest shill out there. Can't stand that guy. And I'm going to tell you why I can't stand him. It's because he has single-handedly wrecked so many people who could have gotten into this market and made a killing into it. And he just pretty much sent them off this way so they could just go sideways. Look, I own gold and silver. I don't want to get off track, but it just really ticks me off to think about it every single time that I talk about these gold bugs. Anyhow, I will just say this, that's when you have this type of information come out and you really look at what is going on. It's a positive for the cryptocurrency market, that is for sure. But again, I just thought that all the different naysayers would just be like, well, that's great. But all they're going to do is just take your Bitcoin, put it into fiat cash, and then probably just buy gold, silver, and whatever else. So you suckers fell for it again. But that's not what is happening here. It states here Tesla is using only internal and open-source software and operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin not converted to fiat currency. So right there, it's a really good statement and a forward thinking one of that by the Elon Musk to actually put that out and go, you know what? I know what people are going to say. I mean, let's be honest, he's not a dumb guy. So it only makes sense. He would be a little forward thinking, think about a couple steps ahead. So this is great. Now people can't come to us and like, oh yeah, that's good, but they're just going to put in the money. No, they're going to keep it into Bitcoin. And I have said in the past, and I know people have talked to me about this, like, Rob, you understand, the institutions are here, they're never going to sell. And I'm like, you know what, I know Michael Sailor is never going to sell. But the rest of people, I'm not going to put my faith into it. So now I can add Elon Musk to one of those groups who I think may not ever sell Bitcoin. So he really does get it. But what about all the other hedge funds, other big players, institutions, other manipulators and whales out there? Can't account for them. So again, I really can't say what's going to happen in the future for the bear market, how long it's going to last, but I can just tell you this. At some point, what goes up must come down. Things cannot go up forever, but enjoy the wins because this is a winner of a day. And before we go on, I just want to tell you that I got to tell you, I got to tell you that I took a look at the Tesla website. I just did a little quick design for a nice spiffy Model X at a nice bargain bin price of $105,490. And as you go down, scroll down, I was like, yeah, there it is. They've already implemented it into their website. So you can actually, you can actually buy it with Bitcoin. So if you order with card, there's your stuff right there. When you click on Bitcoin, it's the same thing. First and last time you had your phone number and you give $100 non-refundable in place order. Now in this type of thing, it's only a hundred bucks. You probably just have like, you just send your Bitcoin address over there. Not for sure exactly, but they would probably contact you and be like, these are the steps, the switch you need to do so you don't screw up and everything else. But I saw it was interesting that they actually had it there already. And it was just like ready to go. Not like, Hey, there's an announcement to an announcement, AKA Justin Sun. It's like, Hey, this is what's going on. We have everything in place. Let's do this and off we go. So that is what's going on with Tesla. I think it's a pretty great move. And we'll see how it all works out. Let me know what you think of the comment section below. Let's move on to our next piece. So next up, this is a quick one because when I saw this, I'm like, this is pretty good. I mean, good information. But there's just this little snippet that I just didn't, I didn't really get until I read it a couple of times. So as you may know, or may or may not know, Brian Armstrong is bringing Coinbase public and they're going through the whole procedures, which I think will be a great boom for cryptocurrency market, regardless of what you or I think about Coinbase. Some people love it. Some people despise it, whatever. But for this, it's just going to be good for us in the long run because all the different people that are out there that say, you know what, this is a, this is a, this is used for drug money and this is used for the cartel and all that BS stuff that you hear for, you know, for so long. Well now we have a public company and this is what we got. Well, not to mention the fact that Voyager, the brokerage, that's a public company to trade on the stock market. So just saying we are definitely rapidly gaining legitimacy out to say that. So this is what the article talks about. Armstrong, Brian owns 39.6 million Coinbase shares. Good for that guy. Good for him. His stake is worth 13 billion based on an average private market share price this year of 34358. So this guy's got a lot of money. I mean, he already had a ton in the beginning and now just going public, I can see why people would go through the whole hassle of going through this because it's a all loaded dough. Armstrong will be able to sell shares right away after Coinbase goes public. That's because there's no lockup period as part of Coinbase's, Coinbase's direct listing, which differs from an IPO. Now the company doesn't raise fresh capital, but instead allows existing shareholders to sell stocks on the open market. And then it just finishes up says most of Armstrong's wealth has come in the past as the value of Coinbase's stock and private trades jump on the table. Sure. Okay. So this is what it comes down to. I'm interested to see what you think about this. If you were around in like 2017, you remember that there was a Bitcoin, Bitcoin cash. There was a listing on Coinbase. And when Bitcoin cash got listed, there was this huge run up in price. And it was it was amazing at how much actually Bitcoin cash was bought up the days before the listing. So there was a lot of funny business going on, but that is what it is. And then of course, after it was listed, then it went up to a crazy amount, and then it was just dumped. And that's one of those things about the cryptocurrency market. We're always worried about who's going to dump on us, you know, how much are we going to buy before the rug gets pulled? So my question is this, and you can answer this in the comment section, do you think Brian Armstrong will just be like, he'll go in, he'll have a ton of shares and like, okay, thanks, suckers. And he does the same thing in the cryptocurrency market that will people do in the cryptocurrency market that might actually happen in the traditional market where he's going, here's all the shares, I'm just going to dump them be a billionaire. And then off I go, or do you think I'll do the smart thing, hold on to a large amount of those because he knows as time goes on, things will be worth a lot. And yeah, let me know what you think in the comment section. That will be interesting to see. Let's move on to our next to last piece, which is this. This is the thing I always talk about. So Jim Kramer, he was on with Anthony Pompilano on his podcast. Jim Kramer's not a dumb guy. He's a pretty smart traditional markets. He's got a pretty popular show. People like to watch, I don't watch it at all, but apparently it's very popular. But he says the smartest thing ever. He goes, look, don't put everything into Bitcoin. Just put a little bit into Bitcoin. And what's great about Jim Kramer says is like, I don't care if Jim Kramer says this. I don't care who says really anything about Bitcoin, but it's the people that aren't here now that don't really understand it, that are trying to get in, like wrap their heads around it. Like, okay, well, I don't really know what Bitcoin is so far. But I know that Elon Musk says he's taking Bitcoin for his cars. And I got this guy, Jim Kramer, which I watch every day, you know, right after Jeopardy. And I trust that guy. So I don't know what's going on. I trust that guy. So I'm gonna buy into Bitcoin. Sometimes it's like, it's like my friend CJ over Mark Rebellion says, he goes, sometimes you just got to, you just got to purchase things first and then do the research later. I think it was Soros who said that. But it's the truth, right? At some point, you just got to kind of pull the trigger. So this is what's going on with this little piece here. This is a direct quote. He says, I have four years so that you should have gold, but gold let me down. That's okay. Gold let me down too. I mean, look, I invested into it for quite a long time. Didn't really do too much. And people, I talked about, well, it doubled. Okay, great. Well, what did Bitcoin do over the last 10 years? Gold is subject to too much vicissitudes. It's subject to mining issues. It's frankly subject to failing in many cases. And this is why we talk about Bitcoin is superior to gold. However, will gold go away? No, it will not go away. Gold will be here until the end of time. There's been here since the beginning of time. Well, again, as planet will say. So why not? Kramer is then asked if he expects other investors will dump gold and buy Bitcoin in the way he described. And he said, look, if they listen, this is the important thing he says, if they listen to me, and he knows good and well that people listen to him on everything that he says. So when he's going to talk about Bitcoin to people who watch his show, which I would guess the demographic is probably 35 to 65, lots of males, America, probably UK, maybe Australia, but a lot of people in that demographic have a good amount of money. They're probably going to listen to him, probably going to buy Bitcoin. He says, if they listen to me, they're going to drop half their gold. I've been saying 10% in gold. I've been saying 10% in gold since 83. And now I say 5% in gold, 5% in Bitcoin. That makes sense. I don't know why the traditional marketplace just can't say that. Look, it has been a decade. I know we missed the ball in a couple of things, but maybe you should put a little bit of money just a little bit into Bitcoin. 1% to 3%. If you're feeling froggy and risky, go 10%. I don't know. And then before you know it, they say, hey, that's a great play, because gold hasn't really done too much for me. I know I'm a genius. And then off they go. I just don't understand why they just can't be conservative enough just to go, hey, don't miss the boat in this. This is a great hedge put into Bitcoin. And if they all said that, I think we'd have a much bigger market. And then lastly, he says he clarified that he did not think about investing, he did not think about investing 5% of his portfolio in Bitcoin until very recently claimed that he has thoroughly researched the subject to come up with his recommendation. That's great. If he can do something like that, and Kramer, he's been talking about this for a while, and he's been actually the same thing as like Jordan Belfort, the Wolf of Wall Street, talking about how it's not going to go anywhere. Bitcoin's not going to do anything. But as more people learn about it, and they go, I get it, and I'm going to get into it. He admitted that he was skeptical because he had done fine with gold, but now realized that the only way to protect his assets in terms of insurance is with Bitcoin. And I think that's the big thing. So as people start to listen to Kramer a lot more, especially on that channel, you're going to see a lot more people come in, older generation, probably people with a lot of money, and away we go. So let me think of the comment section, and that is it for that piece. I just want to finish up real quick with what's going on with Theta. I've been covering this the last, I mean, I've been talking about Theta for a long time, and it just comes down to this. Theta had their second US patent approved just last week for micropayments. The first one was all about bandwidth and all the things that they actually do over there at Theta. So on top of that, now you had institutional investors stake over 100 million in the Theta network. So if you don't know Theta, they have, as far as their enterprise validator nodes, they've got some pretty big players, small people like Google, those types of places. And now they got private equity investors, Sierra Ventures, heuristic capital, VR Fund and GR for a fund. And they put in over about 100 million. And that's a ton of, let's just say it's a ton of money. And these different types of players have over two billion and assets under management. So when we take a look at what happened with Theta and how the price has just skyrocketed, it's because a lot of people, looks like a lot of smart money, looks at it and goes, you know what? We know what's happening right now. We know what people could potentially need. So let's forward proof or let's future proof what's going on and invest into the next big thing. And they've picked Theta. So if you haven't gotten some, I can't, this is not financial advice, but I would definitely do a lot of research into Theta as to why it could be big. I would just say this on Theta. And that's that. What are you doing right now? You're watching me on YouTube. It takes a lot of bandwidth. What do you do? What do your kids do, you know, when they're not playing sports or whatever they do, they're probably playing games. They're probably streaming games. They're probably doing a lot of things online. What do a lot of people do as far as business goes? Well, a lot of businesses have gone online and they do a lot of things on Zoom. You know, I do myself. So when you take a look at all those things, what do you need, you need bandwidth? And what does Theta do? Well, it can put bandwidth on the blockchain and places that need bandwidth. And there's a lot of places that are going to need that a lot more, especially on YouTube. They work with YouTube to organize and get them more bandwidth and make 4K and HD streams actually possible, especially moving in the future. So if you think that bandwidth is important, I think I do, then take a bigger look into Theta. And that's it. So look, that's it for today. No, a little bit of long. Sorry, there's a lot of information, but that's what's going on. If you like the video and found value, give it a thumbs up. That always helps tremendously. Also consider subscribing. A lot of things we talk about are time sensitive. And that is it for today. So thanks for watching. I appreciate it. And I'll see you on the next one.