 Great welcome to the livestream everybody. Thanks for showing up today. Just the thumbnail and title suggests we're gonna take a look at say Different stance from Treasury Secretary Janet Yellen as she talks about crypto and digital assets and really starts to warm up But it's not just what she says as far as warming up But the things that she makes a point of saying so we'll take a look at just what she's talking about also We'll dissect a little bit of the illicit activity and the ESG issues that she brings up It's a valid point actually and then also we'll take a look at a new poll that reveals just exactly how early we all are To crypto surprise surprise or super early and then lastly I'm gonna talk about the Twitter Twitter winners of The Bitcoin conference giveaway I know some people are blindsided like what they know you're doing that I did that and then lastly we'll take a look at a little Q&A So five questions in five minutes of hold all your questions till the end We'll get to that the very last part and just so you know right now We're gonna take a look at the market quickly if you're here for the livestream welcome on a Saturday look at you up and Adam Also, if you're watching the replay just know that everything will be Time stands below so you can fast forward to where you want to but it's just easier to watch things in a linear manner Because it just goes straightforward. So let's jump into it, huh? This is what's going on with the market today. I got to tell you it's boring It's another boring sideways days and I know when we were talking about it and people were saying ah, but Rob You don't get it. It's gonna be like This is the the first start to a big kickoff. I'm like now It's not how as we're nowhere shape or form away from some huge catastrophic run. Could it could I be wrong? Sure, it's crypto tomorrow the price could be a hundred thousand for Bitcoin I have no idea and guess what no one else does either That's the beauty of this whole market and that's why I just like this magic power called all the cost average It never goes up. That's good goes up. I get to sell some things if it goes down Well, I get to accumulate a little more if I go to sideways I still get to accumulate but I know in the long run and we'll talk about this in a bit I think we're in the right place at the right time. So again Bitcoin is up a whopping 0.0 percent 24 hours What are we in the NASDAQ is this the S&P 500 geez this is dull, but it is what it is Cardano's up That's good for your current holders. Let's see There's always something up in the last 24 hours near protocol. See yeah near graduation like your near holders ICP 2.6 percent sure Monero a little for a shielded transactions 3.4 percent Good for that tasos, which I still own don't know why but I still want it 7% up See great and everything is kind of well Zcash also You know, it's interesting though Zcash and Monero They seem to go hand-in-hand unless they want to do a little more private transactions. Hmm It's a story from another day. Alright, so that's what's going on in our market Let's break into what's going on with Janet Yellen and this was actually from yesterday, right? It is the 26th all day 26 so this came out and people have have covered a little bit here and there but There was two points to really bring up with what Janet talks about first of all, she softens her stance But there's another piece that she talks about later, which I'll get to let you listen to it the listed activity and Of course the ESG issues and I'm gonna talk to you about How Bitcoin and the electricity use is actually not so much a big deal and where it actually comes from so first of all Let me take have you take a listen. This is just a minute or so so you can Peruse that quickly. Let me bring this up from the tabs. You can actually hear it and Let me mute my mic so you don't hear anything without asking about crypto But in particular Russia just said that they would accept Bitcoin as a payment for their energy resources What does that say to you about where we are in the crypto conversation? Well, crypto is obviously grown by leaps and bounds and It's now playing a significant role not really so much in transactions right but in investment decisions of lots of Americans and The president just issued a couple of weeks ago an executive order Tasking us in other agencies with thinking about the regulation of crypto I mean you're less skeptical about it than in preview I mean we've been talking about together for a long time now And I think you've had a skepticism about crypto crypto technology I have a little bit of skepticism because I'm There it can I think valid concerns around it some have to do with financial stability consumer investor protection Use for illicit transactions and other things on the other hand there are benefits from crypto and we recognize that Innovation in the payment system can be a healthy thing. We would like to come out eventually with recommendations that Will create a regulatory environment in which healthy innovation and finally So So right there That's good, right she warms up to it She says hey, there are some there's some great parts as far as like cross-border payments remittances I will let you sound off in a comment section what you believe that to be or what crypto it could potentially be I have my own thoughts on that, but I'll let you decide for it. So it's good It's almost like a little bit of a step in the right direction for what she's talking about But there is two points where she talks about one illicit activities and it seems like we always get daunted or get haunted excuse don't it's daunting That we have the same type of of issue come up again and again again less activity and cartels and and silk road and all this stuff And also she goes on to talk about the ESG movement you know as far as Environmental social and governance mostly it kind of goes in in line with what this administration is trying to do as far as Green energy and things like that. So I'm gonna answer both things real quick. So just so you know, I linked there is this great Article or actually it was a survey or a study excuse me That was put out by Michael moral and Michael moral is senior counsel beacon global strategies He was also the director of the CIA. So if anybody who has a good idea about information is floating around and what's actually get as far as data Probably be that guy. I mean, he has one of those one of those people that's Gets for as much an intelligence. He possibly can this is a study back in 2020 so it's not anything new and I will just say like this Here's what he found in the whole thing that he took a look at and this is over a quite a period of time He says look Based on our research and discussions with industry experts. I have confidence in two conclusions one The broad generalizations about the use of Bitcoin and illicit finance are significantly overstated. Okay, so maybe that Happens, but you know as time goes on won't there be more sure but it's what he says the blockchain legend Which Bitcoin transactions are recorded and all crypto transactions as far as the mean open ledger is an underutilized Forensic tool that can be used more widely by law enforcement and intelligence community to identify and disrupt illicit activities Put simply blockchain analysis is a highly effective crime fighting and intelligence gathering tool You can read the whole study Fantastic stuff that's out there at a link in the description So every time we hear about this illicit activity list activity so if you need a crypto just know that if I am in the cartel and Surprise I am not but if I was I probably wouldn't want to put any kind of Transaction on a public ledger the same thing if I was a terrorist I am also not a terrorist But if I was I probably want to one would not want to put those transactions on a public ledger if I'm trying to avoid taxes Same types of things. So like when we talk about these illicit activities, I think Just take a look at the study from a former director of the CIA So that's the first part the second part is is about the ESG issue and as far as Electricity, there's two things to this first of all, this was a great piece The Cambridge Bitcoin electricity consumption index and what they took a look at is just the energy consumption For different industries. There was the one thing I really want to make make sure everybody knows that it talks about limited data Availability and it states it surprisingly on me. Let me blow this up so you can see it Little bit better. Hey, there we go. They say it's it's surprisingly challenge to find reliable electricity figures about the energy footprint of many Industrial and residential activities data sets are often non-standardized Produced or maintained by various stakeholders who pursue different interests based on distinctive theoretical models that use widely different differing Methodologies and assumptions and are limited to a specific geographic area This leads to conflicting estimates about the same activity that can come and start contrast to each other So basically they do the best they can here's the thing if you take a look at that electricity use and energy use So a light energy use the production is a hundred and sixty seven terawatt hours production or excuse me electricity is twenty six thousand. What's the difference? Well energy is what we produce geothermal Hydro-based wind it's what you use to actually create electrical power Electricity is generated by transforming primary energy sources Wind nuclear solar into electrical power. So just so you know the total usage Bitcoin has point six one percent Not a big deal. So but if you take a look here Just so you know Bitcoin takes 136 terawatt hours per year for the entire year the entire year and gold mining is 131 terawatts per year pretty close actually and if we take a look at this Yikes AC is 2199 data centers just around the world 200 cement Just if it's cement 384 paper and pulp TVs in the US are 60 lighting in the US 60 Why like light and so fridges 104 iron steel production chemicals copper and Bitcoin's at 137 so if we take a look at that we're like well, that's not so bad But then the big question becomes but it's still using electricity Rob and that's not great. Well, that's true However, before we get into that, I want to just make mention of this What the heck are we using gold for in all honesty? Because to me I know gold is great and it's a great story value and da-da-da, but did you know? this is from gold miners Up to 80% of the gold that is newly mined or recycled is used in jewelry manufacturing, so you're telling me that 131 terawatts per hour is on jewelry and I'm not saying you can't do that. It's a free market I don't care what you buy. I just have never I don't think I've ever had anything gold honestly However, the electronic age arguably the most important industrial use of gold is the manufacturer of electronics if if it's 80% 80% of the of gold that is newly mined or recycled is used in jewelry manufacture And then of course you have gold bars and they store that for as a store of value And then of course they also use that gold and dentistry, which I don't know who is using gold teeth self little Wayne How much are we really using? for these electronics because that I think is the big thing especially the gold bugs will say but You know there's an intrinsic value because of this watch because of this gold in my teeth again I don't see where you're doing that or it's because of in this phone So even in phones, I know that can we use a better way and then also like how much really is it? It's 80% and then maybe 5% here and so on and so forth and then I will just say The bigger issue though is not just about the electricity But it is where are we in the electricity? Is it all coal that we're getting to actually mine Bitcoin are we using like like the dirtiest types of Standards because some I had a good point they go Rob they go Even if you're talking about how it's not important of how other industries use electricity the bigger issue you would probably should focus on Is where are you getting that electricity from so look? I don't know where everything else is coming from as far and like Kazakhstan I assume it's hydroelectric maybe like in China I have no idea actually, but I know that there is a huge amount of Bitcoin mining going in my great state of Texas and There was this video, which was actually a while ago, and I had a I Had wine stone or winstone CEO Chad Everton and when we were talking about it He said and this was after the whole video was over. I made mention of this of this Spreadsheet I asked him I go. Hey man, how much of this is is Renewables and he said oh he goes we didn't touch on that, but here's a data sheet of what we use and of course in Texas We have Urquhart, which is the elect electric reliability council of Texas Which man is the flow of electricity powered at 26 million Texas customers, which is I believe the lion's share that represents about 90% of the state's electric load Why am I telling you this it's because of this profile right here? Here's the annual energy fuel mix of what we are using in Texas And this is why I think that miners should just come to Texas and get the hell out of the other countries That are gonna boot you out anyhow and just do the right thing. Just come to America. Sorry. I'm a Homer is what it is Superbias also so the 2020 annual energy fuel mix is this and this is all Texas residents 90% 10% couldn't find the data, but 20 90% 45% is natural gas. Okay natural gas not too dirty 22% is wind 18% is coal. Okay. Gal me on that one, but we've got 11% nuclear and 2.9% other which does include Solar and things like that and then Jen and you can take a look here So I link this in the description below so when people are talking about I know there's a long description but when people are talking about The electronic use or the power usage the power wattage being used for for crypto and Bitcoin money Just point to this video and go look It's not the most worst the most awful thing of all time We're actually do use renewable energy so that ESG issue that all these corporations are rising hell about Should not be that big of a thing. Just my humble opinion. Let me just think about that in the comments section Let's move on to our last pieces There's a poll There's data and it states Surprise that we're super early. So this was a poll from CBS News and just so you know It wasn't like a huge gigantic polls like 2000 Americans. So not that big But what I want you to remember is that like you coming to this channel you The people around you they probably know about crypto because you talked their ear off So you might assume that we're like that everybody knows about crypto and everybody's actually investing into it. No that paltry One point. Well, is it? 2.08 trillion market cap is nothing in all honesty. We're super early even CZ CZ Binance CZ from Binance CEO said hey Globally only 3% of invested so just hold on think there's better things to come So this is what we got on this poll that was pretty interesting While two and three Americans have heard about crypto just one in five say they know a lot about it First of all, if you may anybody who's like, I know a lot about crypto. They don't know anything They know very little it's it's there is so much to know like I do this this show every day And I know very little about crypto because there's so many things changing so many things going on But just this is But 18% say they have used or invested in crypto themselves. So look at this How much have you heard about it? 20% says a lot whatever that is right then some not much and none. Here's where it gets interesting Have you invested in crypto? 18% so even the ones that I guess the ones that have a lot They probably invested into it and the ones that have heard some not much or none Obviously, they're like no I've invested into it and then this is this was the most telling one So if you have invested into it How do you feel is it safe or is it risky? Only a third of the people who have actually invested in the crypto said yeah totally safe And the other two thirds are like no, no, it's like super risky so And then of course the ones that only heard about it They think it's like the most risky thing of all time which I think is the same type of of thought process people thought about Buying things on the internet back in the early 90s. I don't know if you remember those times But everything was a scam. You couldn't buy anything on there. It was just hackers trying to take your credit cards So here we are about this, but I will say one thing though is this part about the people who do invest in it They say it's risky It is risky. I mean as far as like the volatility But as far as like being hacked and those types of things It's actually pretty darn safe to do it if you just Don't get into like some super crazy positions and I will let you talk about that in the comment I talk about it to death, but I just think if you're going to buy things Just pick a reputable exchange take it off the exchange put in a cold storage Leave only what you feel like you want to leave on the exchanges and you'll be okay Just take some precautionary steps if you want to learn those steps go to danteachescrypto.com It's 100 free and I got a basics the very first section is all about the basics of what you need to know So just check that out But on this back to this topic Even people who invest that are like no, it's super risky. I don't I think it's volatile But I mean in all honesty and we'll get to this in a second What else are you going to get into? So to finish it up who's invested in crypto? Are you under 50k 16% if you make 50k to 100k about a quarter 100, 150, 24 and 180k So it looks like the lion's share of people make above 50k But again, if you're making under 50 if you're making under 50k, I've been there trust me And it's tough But as time goes on the money that you have kind of evaporates thanks to inflation And who's invested in crypto? Here's the age groups This one right here age 65 plus. This is where the majority of all the money is In in in the united states, which is the boomer population and 11 That's where all the money is as as this starts to flow this way. You will see an increase In what's going on or in uh, sorry revenue generation as far as crypto And again, this survey was about what from almost 1,980 us adult residents between jerry 2731 2022 So I just want to talk to you about this very quickly See this part right here Who's invested And then how risky is it my question is this what else are you going to invest into? I'm going to tell you before I go down this rabbit hole. This is just investment opinion not investment advice But this is an old one I don't know what the price are I think it's like two years old but if you invested a thousand dollars In bitcoin 10 years ago Because people always talk about well, I just get a stock market. That's to be 500. That's true very safe The last year was a killer year 23. Watch out But if you invested a thousand bucks 10 years ago in crypto I don't think you have 237 million. Let's just say you have a hundred million, right? Let's just say a hundred million because this is like a couple years old But with google, well, you only have 6k facebook 9k amazon 22k netflix 34k tesla Pretty good 159k might be a little bit more. But again Where's the fastest horse that we talk about and then also if you think about well I'll just do what my grandparents told me to do or my parents told me to do which is just save it Well, here's the thing The purchasing power of the dollar is going down and the reason why is because we're printing so much If you keep printing money, it only makes sense that you can't dilute the entire massive amount of dollars that are in there and which which contributes To the weakening dollar and of course inflation and I want her to remember this you have to take a screenshot Take a screenshot right now send it all your friends Inflation robs you This is on the very top right top left 1980 2022 for 20 bucks. You could buy a boatload of groceries in 1980 in 2000 a little less and today not too much and if you live in portoraco, you can't buy squat because 20 bucks is not going to get you too far, especially with the import taxes just let you know I don't know what's like in hawaii or different places, but 20 bucks and a grocery store Uh, I don't know what you can get these days not not near like you can do in 1980 But compare that to one bitcoin in 2011, which was I don't know like less than 100. It was like Worth 40 bucks maybe 20 to 40 bucks wasn't that much right and then it says in 2018 one bitcoin get you a car I don't think that's true. I don't think one bitcoin in 2018. Hold on. Let me see something bitcoin Max out Here's 28c on this side uh, the price for bitcoin in 2018 was between $14,000 And 3600 bucks so I guess I could get you a car But probably used that's about it and then uh on the right hand side Actually, hold on. You can't see this. That's why brand And banners. Let me stop this. There we go. Now you can see it So 2018 it could buy you a car, but probably a used car That's not a bad kind of bad one and then 2030 what could bitcoin buy you? I will tell you this right now in 2022 Ooh Bitcoins at what 43,000 one bitcoin Can get you a pretty damn nice car or a nice truck. So I'm just saying and then 2030 who knows what's going to be so again What can you invest into what about gold? Well, let me tell you gold Let's back off shall we? In a month gold's doing pretty good. I must admit Well, not that good. It was it topped out 2045 on march 8th and now we're at 1970 So it's going down but in three months Not too bad, right? It was somewhere around here 17 almost 1800 bucks. It peaked out at 2000 So what is that like? 8% increase great good for you who are investing in the gold. How about a year? I guess down here 1700 to 2000 so again, maybe like I don't know 10 12 percent again. Good for you five years Okay 1200 to Almost 2000 depending. So what is the 20 percent or whatever it is and then how about if we take a look at all? Okay, if you're willing to wait around From 1992 or it was 300 bucks To go 2000 That's a pretty good deal. However, I don't know about you but I don't want to wait 30 years for that and of course if you want to wait 10 years well 10 years was kind of what the price was last time 1700 to 1900 So again What are you going to invest into? It's all up to you. I don't tell you what to invest into. I can tell you what I invest into Crypto digital assets. I also own some stocks. I own I do own amazon tesla. I own a little golden silver because why not? But I'm not putting my entire wealth behind it and of course Property property has been very lucrative, but that's a that's a timeframe game. So that's what we got So let me know what you think about that in the comment section. Let's finish up with twitter winners for The bitcoin conference. So I just kind of threw this out there. This is the bitcoin conference It looks fun, I guess I'm not going to attend but uh, people wanted people want to go and that's cool So I just did a little survey. I said, hey If you get a free ticket to the April 6th through 9th Miami bitcoin conference Would you actually go because that was the thing for me? Like if I do a random Drawing right now and I send it to you. How many of you would actually go and pay for a flight in a hotel and actually go to Miami I'm just curious Let me let me know in the comments because when I did this poll Half of the people like I'm not going man. I am not going to that even if you give me one for free I still got to pay for the flight. I still got to pay for the hotel And guess what I'd rather just put that into bitcoin or my favorite altcoin and that makes sense to me Actually, I'm like, why would you want? I mean to I guess to like mingle with people which should be fun But uh, no one's going there for the news because as soon as the news breaks I mean people like me are already on it talking about it. So I just asked the question Who wants it? and a lot of people were like Well, des is like no being up with us people in that last year space. Absolutely. So he would go chef says I can't do that And then val strict said yes Chad said definitely Guitar player know it at first. I thought I might but the more I read about what was going on there And who speakers and music guests were I was put off And then why was it and a lot of people like no, I'm in australia. I bring my three-year-olds in no cell by my bitcoin Jason denaro, I would I don't have the money see this someone I don't have the money for the flight No, because my us visa is expired expiring And then crypto nomad says I'm still covering I'm still covered with cringe from the last one almost have to wash it off of you later. So again, if I would have done a random Thing and given this away people like I'm not going. So what's the point? So I'm gonna tell you the winners are but first just so you know Actually just you know, uh, I want to say thanks to I trust I trust you got a Roth IRA. I've been with them for two years. It's great. Everything you buy in your Roth IRA When you actually want to take it out at eight to nine and a half It's 0.0 capital gains tax. So if you buy bitcoin at 40,000 You put into your I trust Roth IRA and then you wait five years or 10 years or whatever else it is Guess how much you're paying capital gains zero So that's why I like I trust works very well very safe never been hacked also uses coin based custody Same thing with institutional investors. So I like that. Also, there is no more Monthly fees so the 20 a month of fees is gone and then lastly just so you know If you want to there's a limit to how much you can actually put into your Roth IRA so For each year, but if you do it before April 15th, you can actually Retro from 2021 and then on April 16th You can put another X amount of dollars and claim it for this year So that time limit is coming up if you want to figure all that stuff out There is a link in the description looks just like this I did a video on what on why I use it why I still use it and even though I'm in Puerto Rico Because there's no capital gains tax. They're still talking about getting rid of act 60. So I want to cover all my bases That's why I still have that so thanks to I trust capital for the winners. Here's the two winners it was Val's tracks plays teppen. I just like the way you said it and Val's tracks. I just want you to know I'm following you now. So you can DM me on twitter And it'll go right to my to my mailbox if you're not following me and someone creates val's tracks plays teppen It'll go to people. I don't follow so don't even try it and then also Where was the other person? Ah, here it is jason denaro Congratulations. So you're also the winner. So just DM me I'll put you in through with I trust and you guys can figure go from there two free tickets. Congratulations That's it. All right, man that went long So look that's it for the news. Thanks so much for sticking with me. I appreciate if like this video give it a thumbs up Now I get a thumbs down. So let me know why Let's go into q&a and uh, we'll get going from there 30 minutes is a long one Uh Here's the start of ones First of all kava kid. Thanks for waking up at midnight for the stream. That's crazy. Thank you. I appreciate it Uh, mark says bitcoin is rapidly looking to be a secondary global reserve for the u.s. Dollar. That'd be great Russia just announced to sell of its oil reserves for bitcoin and possibly gold rather than dollars Yes, and that's what jen yellen was even asked about in that Interview I think that's interesting. But again, it only makes sense. We have to have something's neutral Why would anybody look? I'm not going to use a digital yuan As a cbdc. I don't care even with my amazon business. I'm not going to do it Uh, I'm not going to use a digital ruble and I'm probably not going to use a digital dollar That's just it. So that's just me. I think a lot of people especially in america won't use a digital Rubble or a digital yuan as far as cbdc So I think we need something a little bit, uh neutral and guess what there is no ceo bitcoin You can't go to satoshi's office and say hey shut this down. So I think yeah, why not? Somewhat of reserve currency. That's what lune is doing. They're using that as their as their backup just like how we Uh used gold back before the 1970s to back the u.s. Dollar. I like that Uh j dog everdome plus hero. I did a deep dive on those. I think it'd be pretty good Uh, would love for dan's dog to drop in the deuce while he's talking. Yeah, it's juey Usually they just kind of zip by not a green screen. That'd be nice, huh? Uh, only prodigy is ever done. Sure Uh Swamp red says i'm not bored. I see green yesterday. I see red today. I like today That's the same thing with me. I know people. I see red things go down like damn it. This sucks. This is the worst For me, it's just another day 30 40 50 percent drops I'm ready for them. That's why you know, you've been a little bit too long All right, let's see what we got Uh, what happened to trade the chain? Do you still use them? I don't I don't know those guys don't even do videos anymore So I don't know what to tell you and let's see That's a good question Christian says well cbdc's use bitcoins reserve currency that'd be interesting because I mean look that's exactly what luna's doing they're they're using that to To validate to prop up their uh, ust They're stablecoin so couldn't you just back it against them? I mean I don't think it's gonna happen anytime soon. Let's be honest, but it is an interesting thought process I don't even want to use the dollar let me ask you guys something real quick and gals Who here once the last time you used paper money I'm just curious. I don't every it's all debit cards It's all debit and electronic transactions. It's all zeros and ones on a computer. I don't ever use dollars Thanks this let's see So that's a good question Rob. You love passive income. It seemed to not be into defy despite apr great on these sideways days Plus learn how to use and get a feel of the protocols. Why not? I uh, I just Right now I just don't get into it like I know that I can put I can go to anchor protocol seems to be everybody's Greatest love story you can get that 19% right now, which is not sustainable. Let's be honest and it'll go down But uh, I mean I can do all those plays and I could earn some yield On the defy side I could I just I just have a bad taste for for defy right now It just seems like there's a there's a rug pull around every corner And I think like I'm in that position right now for me one was like I just don't really need a A ton of apy. I'll put things on Celsius and I'll leave things on on voyager and it's seems to be Close to what I get. I mean like I know like for like my usdc I get like between 9 11 percent just for having usdc So why why not and then polka dot? I want to say it's like 13 or 14. It's like ridiculously high So I'm just like let's do that now Could I do the other d5 plays I could Then I got to switch them all around and keep track of all those things and I'm just not fully into it But I'm not to say that you shouldn't or couldn't it's all up to you what you want to do. I just don't All right Putin has started de-dollarized. Yeah, sure Good luck for him That's so weird I buy weed with paper money every like the places that I've learned are Lived I lived in Las Vegas for a couple years marijuana is legalized Uh, Puerto Rico marijuana is legalized here The last place of course texas will be the last day to legalize it But I mean colorado in different places in nevada california It's all legal. So it's just so weird when Like people like flat smack here has to buy weed with paper money It's just odd, but I guess In all the other the other part of that is of course that organizations the they can't use banks because of Purchasing marijuana, which is the dumbest thing of all times. All right I use cash, but then I'm swiss. All right Do you like stocks very few Or stacks, uh, which is the smart contract for bitcoin. Yes. It's also the one for city coins I'd like to actually interview those guys and bring them on here because I think The different cities that I'm going to be Hopping around to I'd like to talk to people in the cities about that Rob a lot of people a question number three I think a lot of people recommend holding crypto and cold wallets However, I can't follow up that can hold various crypto ideas depends on the crypto itself, right? So ledger will hold a whole ton of them and most of the ones are ERC 20s you can also look at a tracer. That's another cold storage one, but and then also Unfortunately, sometimes These new projects these d5 projects these crazy ones out there They're not going to be applicable to certain wallets I know I've because I've run into that problem myself and in that situation you have to the There is no other alternative but to leave it on the exchange or in your metamask wallet And that's what it comes down to so That is being a pioneer In the space I use cash in there. Yeah, I use it too Tips but I don't like I don't even do that anymore Yeah, that's a good charles says cash is much faster You want to make a quick exit from a bad restaurant for you know what cash is also good for? Can't trace it. It's great There was a time of a person who owned a sports facility And he would take nothing but cash And it was untraceable and it was great Uh, that's all I'm saying But now of course, you know that person does use Electronic transaction, which are all All in the system Ah, okay, and last question Next meetup is Wednesday at smoke out So the Puerto Rican Puerto Rico meetup will be this Wednesday coming up And I'm going to take a look at some food trucks There's a there's a big food truck area which sells some really apparently great food and And they serve beer as well So I think I'm going to do a different place because we've done the smoke house like three times in a row And even the owner's like, hey, man He's like, I love you when you guys come here But if you guys do it someplace else, I'm not going to object so I can get out of my own place So we'll get out of that place and we'll do it someplace a little bit different this but it'll be close It'll be close to there and we'll go from there. All right, so look we're coming up at 30 minutes This is way too long. So everybody thanks for sticking with me. I appreciate it If you like today's video, I'll give it a thumbs up If not thumbs down tell me why Consider subscribing everything to talk about is very time sensitive and that's it for today So thanks so much for watching. I do appreciate it and I'll see you on the next one. Adios