 Welcome to digital asset news to get top stories and cryptocurrency digital assets Begging around to bite-sized pieces. So today we've already talked about the news You know, there's a great thing going on in brazil etf being approved and then maybe an etfo over here in the states Who knows only time will tell and then the market is raging at 2.2 trillion. Maybe you have a little bit more by now I don't know. So, uh, I want to talk to you real quick about why I created this channel and uh, what's going to happen in in coming up in the future. So First of all, I created this channel about a year and a half ago or so. I think it was uh, december 2019. Yeah, 2019 2020. Oh, here we are. Yeah, about a year and a half. Wow, time's flying And uh, the reason I did it was quite simple. I was bored. It was super bored. Um, I've My whole history was a military army medic and I got into uh, uh, it was a 91 charlie Which is a nurse and then I did all different types of things with the medical industry and Sales and whatnot and then I got out and I started a couple of websites One was for a nursing education website and that it does pretty well It's pretty much hands off now. Everything's automated I did a amazon fba business and that's also pretty much hands off I just kind of talked to distributors and not a big deal And then we have a sports facility me and my wife and uh, we have other people run it for us So it was kind of just just boredom Honestly, because I was always talking about crypto and people were like you need to shut up because it makes no sense This is in 2019 when of course crypto everybody was like it's dead. So stop it But I knew it wasn't I thought it wasn't and then I I made the channel And then it's just kind of you know developed from there So that was like the first reason really it was boredom and then as time went on I realized that um A lot of people don't know a lot about money. That's really what it came down to Even you know what even even myself? I didn't understand a lot of different Aspects of it and I really had to learn especially like you know, how the federal reserve is about as federal as federal express How a quantitative easing risk really debuts deludes the whole value how the u.s. Dollar has been in decline since the 1920s And so on and so forth and purchasing power and whatnot and how cryptocurrency really isn't even though it's a speculative asset really what it Entails as far as even bitcoin goes. So there was there was that part and I got to learn a lot of great things You know coming up to this point and now I will tell you this. I mean even in that regard I'm still a novice and I still try to learn as much as I can every day, but when I see When I see people in the comments or you know, I read all the comments section And I hear about people when I meet people out in the real world and I talk to them about cryptocurrency It's shocking to me how people just don't really understand the basics of just fundamental principles of of money and how to grow their money Like I'll give you a prime example. So I was talking to gentlemen who came over here to help fix these doors over here at the at the pool room and You know, he's a hard worker does real great makes decent money, you know Honest days work and he's just talking I was talking about cryptocurrency. He's like, yeah, it sounds pretty interesting I said, um, so what do you guys want to do with your money? He's like, yeah, you know what I do Give it to my wife every week, you know, whenever I get paid and she takes that money and she pays all the bills And then she just it puts in our savings account and saves it. I was like, what then? He's like, that's it. That's the whole plan. I was gonna save and I was like, huh, it sucks It's awful. I didn't say it to him, you know, uh at that point I just go Hey, you know what she'd like to see, uh bandteachescrypto.com go go check that out and because that might that might uh, you know, lead you on to something But uh, I just thought about I'm like, you know, I think that's that's the basic thing that people do is like I'm just gonna save money and then I save up for whatever and I buy and I retire. That's it. I'm like, that's I mean if now that you understand the I mean when I say the principles of inflation I mean to really beat that you've got to Really increase your money supply by two percent because that's roughly the rate of inflation two three percent somewhere around there And then with the quantitative easing that's going on right now the trillions of dollars at the American, uh Uh economy is uh is pumping into it of the treasury And the Fed is really just wrecking everything. So if you think that just saving money is gonna work It doesn't really work like it doesn't it's not gonna happen because the purchasing power is gonna go down because it's the it's been diluted so much And uh, I take a look at these people and I'm like holy smokes. This is bad news and uh, But I mean look even growing up. It was the same thing with me like I don't know where you're from I have no idea what country and uh statistically The most viewers I have are from australia and then comes, uh, america then canada europe uk india um parts of africa and uh south america So I I mean i'm we're from all over right? I don't know what your Schools taught you as far as uh financial literacy, but in america. They teach that nothing zero I I I think I took one class about how to write a check or something like that And that was it and then beyond that, uh, it really doesn't really talk to us too much about you know What to do and and how to save and and how to actually grow our money Uh as time goes on so It all started, you know getting boredom talking about this channel and now it becomes a little bit more It's about uh helping people understand like a little bit about you know How to actually grow their money and of course I cannot give anybody financial advice But I am just one person I think that people should you know should take a look at as As they continue their journey and do their own research and find different things right because uh, it's not just me If you listen to me, that's uh, that's a bad decision Yeah, you have to get it from multiple sources because your goals are different than my goals And that's pretty much how it works out so It goes from there To you know, where we are at right now and then the last reason For me creating this this channel was You know, I got to be honest with you As I have gone into these industries and have done less and less I have more and more time in my hands And now I fill it up with with these videos. Um, I just want people to honestly between us Kind of sucks because even though I'm busy here and I'm glad that I get more opportunities to do more things as time goes on All of my friends, even though they they listen to me a little bit on crypto Um, they're all working and they're in this thing called the job Which is in my opinion job stands for just overbroke And when you have these jobs, uh, you don't have a lot of time And you can't really do the things that you want to do and uh, that just leaves me just here Doing, you know, these videos so in all honesty This channel was built in all honesty to give you some information and power To where you wouldn't need a job and you could get off the just overbroke train And you could actually do the things that you want to do and have all the freedom units People call that cash that you need to have so you can do the things that you really really want to do And uh, then you can hang out with me in different places than i'm at And you wouldn't have to go to a stupid job That's the big thing and then finally What's going to happen with the With this channel is that uh, it'll keep going on it'll keep uh continuing We might do some modifications here and there but for for me and my wife personally We're moving to Puerto Rico And the reason why we're going to do that is multiple multiple reasons and one of those that which probably doesn't escape you is that uh for tax benefits And um, you know capital gains and things like that I know some people will say well, you need to pay your uh pay your fair share of tax and I would talk about this before I'm like look man Uh, I pay my taxes. I started paying tax when I was 15 years old and I had a I had a job And uh, I was like what the heck's this and I wasn't paying taxes since then I paid taxes there I paid taxes as the military for eight years I paid taxes when I was doing all the different jobs and now I hear now here. I am in my 40s And I'm like, you know what? All these roads and bridges and different things you said you're gonna pay on where the hell What happened all my money? You're mismanaging it and it's it's my responsibility to do that So if people are going to say, oh, you shouldn't do that you should stay there and pay your taxes Sure, so I'm just going to go to where I'm treated best just like they could talk about the nomad capitalist So that's what's going on. I'm hoping that you who are watching this video Uh, you understand and you start to learn some more things and you're able to actually meet up with me In Puerto Rico and then we can all just hang out and do the things that we really want to do because I gotta guess that maybe you're What you want to do is not sit behind a desk or not have a boss Or not have to go to work Every day in those that crushing commute traffic Or have to break your back in some job that you just despise That could be me. I don't know. So that's that's it So first of all, uh, if you like the video give it a thumbs up that helps a lot Hopefully understand a little bit more of why I did this channel and where I'm going I'll consider subscribing that always helps. Uh, it's a reach more people and that's it for today So thanks so much for watching. I appreciate it and I'll see you on the next one