1 00:00:00,830 --> 00:00:04,100 Joel Comm: Bitcoin is now less volatile than the S&P 500 and 2 00:00:04,100 --> 00:00:07,490 Joel Comm: the NASDAQ as BTC seems to come to life just 3 00:00:07,490 --> 00:00:12,530 Joel Comm: before the United States midterm elections. Sam Bankman-fried of FTC's 4 00:00:12,530 --> 00:00:15,890 Joel Comm: is under fire from the public and from sees as 5 00:00:15,890 --> 00:00:19,460 Joel Comm: there may be trouble in paradise for the popular crypto exchange. 6 00:00:19,670 --> 00:00:23,330 Joel Comm: And do U.S. voters care about candidates positions on crypto? 7 00:00:23,570 --> 00:00:26,180 Joel Comm: We'll tell you what a recent poll says on this. 8 00:00:26,340 --> 00:00:31,880 Joel Comm: FTC's WITF with SBF and CC as we L.O.L. Through 9 00:00:31,880 --> 00:00:37,840 Joel Comm: our bad news episode number 646. Of the BCP. 10 00:00:38,020 --> 00:00:40,470 S3: Five. Four. Three. 11 00:00:41,510 --> 00:00:47,379 Travis Wright: How are all of the workers whose back? 12 00:01:06,670 --> 00:01:10,209 Joel Comm: Welcome, sir. Travis. All right. You're in Scotland, aren't you? 13 00:01:10,390 --> 00:01:13,990 Travis Wright: I've been through IBM, Scotland and used to be listening 14 00:01:14,380 --> 00:01:16,480 Travis Wright: to the bet. Why do I sound like I'm a pirate? 15 00:01:16,990 --> 00:01:18,520 Travis Wright: I don't. I don't know, meeting. 16 00:01:19,600 --> 00:01:23,250 Joel Comm: These pirates there, They put their kilts on and said, 17 00:01:23,620 --> 00:01:24,980 Joel Comm: swap the decks or something. 18 00:01:25,000 --> 00:01:27,730 Travis Wright: That's true. That's true. I did actually think about buying 19 00:01:27,730 --> 00:01:30,220 Travis Wright: a kilt. It's right across the street. You would not 20 00:01:30,220 --> 00:01:34,270 Travis Wright: guess how much a kilt, an official kilt actually is. 21 00:01:34,270 --> 00:01:35,979 Travis Wright: When I heard the price and almost kilt me. 22 00:01:36,760 --> 00:01:38,920 Joel Comm: Well, I would guess because I don't have to guess 23 00:01:38,920 --> 00:01:40,649 Joel Comm: because you told me already offline. So I. 24 00:01:40,760 --> 00:01:42,940 Travis Wright: I actually asked you to guess and you did a guess. 25 00:01:42,950 --> 00:01:44,500 Travis Wright: You just said, Well, tell me how much it is. 26 00:01:44,500 --> 00:01:48,940 Travis Wright: I was like, no, I guess five, £500. Yeah. Crazy. 27 00:01:49,240 --> 00:01:51,730 Travis Wright: That doesn't even include the fancy fanny pack thing. They 28 00:01:51,730 --> 00:01:53,980 Travis Wright: have the little front bag deal, and then they got 29 00:01:53,980 --> 00:01:57,040 Travis Wright: a belt thing. So you'd be looking at spending about 30 00:01:57,040 --> 00:02:01,600 Travis Wright: probably about £850 total to get your get your full 31 00:02:01,600 --> 00:02:02,080 Travis Wright: on kilt. 32 00:02:02,620 --> 00:02:04,900 Joel Comm: You got to get your kilt. You got to. 33 00:02:05,230 --> 00:02:06,730 Travis Wright: Get I can find it. I can get a kilt 34 00:02:06,730 --> 00:02:08,740 Travis Wright: on Amazon for like 80 bucks. 35 00:02:09,490 --> 00:02:10,480 Joel Comm: But it's not official. 36 00:02:10,870 --> 00:02:13,330 Travis Wright: But I don't give a shit about official. I'm an 37 00:02:13,730 --> 00:02:18,220 Travis Wright: official Lord. I'm like a $60. I want my $60. 38 00:02:20,380 --> 00:02:23,590 Travis Wright: My my kilt can't cost more than my land. The 39 00:02:23,590 --> 00:02:24,820 Travis Wright: hell you thought about my. 40 00:02:24,820 --> 00:02:27,519 Joel Comm: You were going to go check out your land. And 41 00:02:27,639 --> 00:02:28,480 Joel Comm: what did you find? 42 00:02:28,750 --> 00:02:30,730 Travis Wright: I found this. All I got on a big ass hill. 43 00:02:31,300 --> 00:02:34,119 Travis Wright: So it's like a it's like a big, like, edge 44 00:02:34,120 --> 00:02:37,030 Travis Wright: cliff thing. So it's like. I think it would be 45 00:02:37,030 --> 00:02:39,579 Travis Wright: a bit of a challenge to get up there. Or 46 00:02:39,580 --> 00:02:41,950 Travis Wright: I look at it like, Wow, I own part of 47 00:02:41,950 --> 00:02:42,370 Travis Wright: a mountain. 48 00:02:42,910 --> 00:02:44,050 Joel Comm: Yeah, there you go. 49 00:02:44,080 --> 00:02:46,720 Travis Wright: Highlands The Highlands in Scotland, which I did go to 50 00:02:46,720 --> 00:02:50,410 Travis Wright: Loch Ness. I saw a rainbow at Loch Ness. And 51 00:02:50,530 --> 00:02:52,750 Travis Wright: I do think I do think that the Loch Ness 52 00:02:52,750 --> 00:02:56,440 Travis Wright: monster is an ongoing dad joke. If you actually look 53 00:02:56,440 --> 00:02:58,510 Travis Wright: at the Loch Ness Monster, you can see the arm 54 00:02:58,510 --> 00:03:00,280 Travis Wright: and the dude was laying on his side with his 55 00:03:00,280 --> 00:03:03,579 Travis Wright: arm up and it's a total dad joke. It literally 56 00:03:03,580 --> 00:03:06,850 Travis Wright: somebody was cracking jokes along the way and it created 57 00:03:06,850 --> 00:03:09,910 Travis Wright: this huge tourism thing for the Loch Ness. However, they 58 00:03:09,910 --> 00:03:13,150 Travis Wright: did say they someone first spotted a big monster in 59 00:03:13,150 --> 00:03:16,240 Travis Wright: Loch Ness and like 500 and something 80. So it's 60 00:03:16,270 --> 00:03:18,370 Travis Wright: it's been an ongoing dad joke, I think. 61 00:03:18,940 --> 00:03:22,030 Joel Comm: All right. Well, let's move on from jokes and on 62 00:03:22,030 --> 00:03:26,400 Joel Comm: to the crypto market as we refresh for the 7th 63 00:03:26,400 --> 00:03:30,760 Joel Comm: of November at 2:37 p.m.. Our location right now, the 64 00:03:30,760 --> 00:03:35,950 Joel Comm: crypto market cap is 1 trillion, 77 billion, Bitcoin is 65 00:03:35,950 --> 00:03:41,770 Joel Comm: at 20,700. Etherium just shy of 1600 at 1592, BNB 66 00:03:41,770 --> 00:03:47,200 Joel Comm: $337 and Dogecoin holding on to a lot of the 67 00:03:47,200 --> 00:03:51,340 Joel Comm: gains that it had from the previous run. 11 and 68 00:03:51,340 --> 00:03:55,410 Joel Comm: a half cents. Any any other big winners or losers? 69 00:03:55,420 --> 00:04:00,250 Travis Wright: One one polygon, big winner up almost 40%. Also another 70 00:04:00,250 --> 00:04:03,790 Travis Wright: big one was is okay B which is the 17th 71 00:04:03,790 --> 00:04:06,070 Travis Wright: coin overall, which is what I also say with my 72 00:04:06,070 --> 00:04:09,940 Travis Wright: girls nagging me, I'm like, okay. B And it doesn't 73 00:04:09,940 --> 00:04:12,790 Travis Wright: go over well, but I'm like, No, you're up 41% this, 74 00:04:12,880 --> 00:04:18,430 Travis Wright: this week. B And Litecoin is up 23%, Algorand up 20%. 75 00:04:18,430 --> 00:04:22,060 Travis Wright: E call me is up 15%. That's back in the 76 00:04:22,060 --> 00:04:28,720 Travis Wright: top 100 now. So that's interesting to see. Volumes really low, though. Interesting. Interesting. 77 00:04:28,720 --> 00:04:31,360 Travis Wright: So that's it. That's the news for today for right now, 78 00:04:31,360 --> 00:04:32,650 Travis Wright: for this week. Forever. 79 00:04:33,430 --> 00:04:37,930 Joel Comm: According to this report on Cointelegraph, Bitcoin is now less 80 00:04:37,930 --> 00:04:42,940 Joel Comm: volatile than the S&P 500 and NASDAQ, which kind of 81 00:04:43,120 --> 00:04:48,100 Joel Comm: goes to the case for Bitcoin being a good store 82 00:04:48,100 --> 00:04:48,849 Joel Comm: of wealth. 83 00:04:50,020 --> 00:04:53,320 Travis Wright: Mm hmm. Yeah. Less volatile. So it looks like crypto 84 00:04:53,320 --> 00:04:56,530 Travis Wright: is finally coming of age. And I also saw. I 85 00:04:56,529 --> 00:04:58,210 Travis Wright: don't know where I seen it and I don't remember 86 00:04:58,210 --> 00:05:02,110 Travis Wright: the exact statistics, but it said, like, the banking industry 87 00:05:02,110 --> 00:05:06,490 Travis Wright: is like, at least five times more extensive, more power 88 00:05:06,490 --> 00:05:09,549 Travis Wright: usage than Bitcoin or something. The number, remember, might even 89 00:05:09,550 --> 00:05:11,169 Travis Wright: be low. I think it might be a much higher 90 00:05:11,170 --> 00:05:15,159 Travis Wright: than that. So it's like overall, you know, Bitcoin compared 91 00:05:15,160 --> 00:05:18,460 Travis Wright: to the two, the current banking system, not nearly as 92 00:05:18,460 --> 00:05:20,080 Travis Wright: bad as as one might think. 93 00:05:21,400 --> 00:05:25,810 Joel Comm: Michael Vanderpump of the trading firm eight said, I'm assuming 94 00:05:25,810 --> 00:05:29,620 Joel Comm: will continue towards 22 five from here, but have a 95 00:05:29,620 --> 00:05:34,270 Joel Comm: slight correction before continuing because they're taking liquidity out on 96 00:05:34,360 --> 00:05:37,690 Joel Comm: the way up. And that makes sense to me. Now, 97 00:05:37,930 --> 00:05:41,349 Joel Comm: is this the end of the bear market? I don't 98 00:05:41,350 --> 00:05:43,750 Joel Comm: think so. I think it's still too early. But then again, 99 00:05:43,750 --> 00:05:45,820 Joel Comm: I said it was too early for the bull run 100 00:05:45,820 --> 00:05:49,120 Joel Comm: to end. And just when you think things are predictable, 101 00:05:49,600 --> 00:05:53,170 Joel Comm: they become unpredictable. And I'll tell you what, this election 102 00:05:53,380 --> 00:05:57,040 Joel Comm: that's happening here in the United States on the eighth, 103 00:05:57,040 --> 00:05:58,930 Joel Comm: which many of you will be listening to this on 104 00:05:58,930 --> 00:06:02,320 Joel Comm: Election Day and some afterwards, I think is going to 105 00:06:02,350 --> 00:06:04,630 Joel Comm: have some big impacts across economies. 106 00:06:05,080 --> 00:06:07,000 Travis Wright: On some volatility. Yeah, there's a quote here. This is 107 00:06:07,000 --> 00:06:09,909 Travis Wright: the last time that the volatility of Bitcoin was this low. 108 00:06:10,240 --> 00:06:15,010 Travis Wright: Bitcoin rose from 9000 to 60000 in less than a year. 109 00:06:15,370 --> 00:06:18,610 Travis Wright: So what does that mean now? Well, I think, you know, 110 00:06:18,640 --> 00:06:20,770 Travis Wright: there's a lot of things that's going on here. So 111 00:06:20,770 --> 00:06:23,440 Travis Wright: I'm in the UK, I'm actually in Scotland right now 112 00:06:23,860 --> 00:06:26,440 Travis Wright: and I've seen there are some locations that said, Hey, 113 00:06:26,440 --> 00:06:29,740 Travis Wright: we've had to shut down. We can't pay our electricity bill. Sorry, 114 00:06:29,740 --> 00:06:33,339 Travis Wright: our electricity has been cut. We can't stay open. I've 115 00:06:33,339 --> 00:06:36,400 Travis Wright: seen that in three locations so far, including one restaurant 116 00:06:36,400 --> 00:06:38,350 Travis Wright: we were going to go to. I don't think that's 117 00:06:38,350 --> 00:06:41,500 Travis Wright: going to go away. The electricity is going to continue 118 00:06:41,500 --> 00:06:44,140 Travis Wright: to be more and more costly for folks around the world. 119 00:06:44,410 --> 00:06:47,350 Travis Wright: It could potentially be a very dark winter. The Bank 120 00:06:47,350 --> 00:06:51,310 Travis Wright: of England was almost insolvent recently. They were really close 121 00:06:51,310 --> 00:06:55,360 Travis Wright: to teetering on bankruptcy. There was very a global margin 122 00:06:55,360 --> 00:06:59,170 Travis Wright: call recently for the global economy. So with the economies 123 00:06:59,170 --> 00:07:03,270 Travis Wright: teetering like this, and then you have such contentiousness when 124 00:07:03,279 --> 00:07:06,909 Travis Wright: you talk about the right versus left worldwide, right. There's 125 00:07:06,910 --> 00:07:10,750 Travis Wright: a lot of contentiousness there. And people people cling to 126 00:07:10,750 --> 00:07:14,290 Travis Wright: their politics like they do their sports teams, like, oh 127 00:07:14,290 --> 00:07:16,870 Travis Wright: my God, how dare you say anything bad about money? 128 00:07:17,050 --> 00:07:18,730 Travis Wright: And I'm like, Well, let's just be a little more 129 00:07:18,730 --> 00:07:21,820 Travis Wright: smart and let's be wise and let's be more independent 130 00:07:21,820 --> 00:07:23,800 Travis Wright: and be in the middle, because a lot of us 131 00:07:23,800 --> 00:07:27,100 Travis Wright: are more in the middle than we are extreme either side. 132 00:07:27,430 --> 00:07:31,820 Travis Wright: And so with this new election come. Like, who knows 133 00:07:31,820 --> 00:07:35,630 Travis Wright: what's going to happen? We did see the president Biden, 134 00:07:35,630 --> 00:07:38,510 Travis Wright: he came out and said, oh, he didn't mention any 135 00:07:38,510 --> 00:07:41,030 Travis Wright: of the major issues that people care about like zero 136 00:07:41,030 --> 00:07:43,730 Travis Wright: times in his speech. But he talked about how horrible 137 00:07:43,730 --> 00:07:46,340 Travis Wright: the Republicans are. They're bad. They're going to steal everything. 138 00:07:46,650 --> 00:07:49,610 Travis Wright: They're horrible. Don't expect the election to be called on 139 00:07:49,610 --> 00:07:53,480 Travis Wright: election night, expected to last a week or even a 140 00:07:53,480 --> 00:07:54,500 Travis Wright: month later. 141 00:07:54,500 --> 00:07:57,560 Joel Comm: They're saying that you will they say that if you're 142 00:07:57,560 --> 00:08:01,700 Joel Comm: getting ready to cheat because for decades we've been able 143 00:08:01,700 --> 00:08:04,790 Joel Comm: to call the winners. And, you know, one night, with 144 00:08:04,790 --> 00:08:08,980 Joel Comm: very few exceptions and only in the last presidential election, 145 00:08:09,230 --> 00:08:13,490 Joel Comm: they decided to stop counting in five states in major 146 00:08:13,490 --> 00:08:17,750 Joel Comm: precincts where they were able to truck in loads of 147 00:08:17,750 --> 00:08:22,910 Joel Comm: ballots to miraculously only change the results in those areas 148 00:08:22,910 --> 00:08:24,290 Joel Comm: so that Biden could walk. 149 00:08:24,500 --> 00:08:26,480 Travis Wright: You know what would be nice, Joe, would be some 150 00:08:26,480 --> 00:08:29,720 Travis Wright: time for somebody just to, you know, a sheriff or 151 00:08:29,720 --> 00:08:32,570 Travis Wright: something to stumble upon like a whole truckload of these 152 00:08:32,570 --> 00:08:34,340 Travis Wright: ballots that are just like, well, where are these from 153 00:08:34,340 --> 00:08:36,620 Travis Wright: and why are they? Because they're always a little different. 154 00:08:36,860 --> 00:08:39,679 Travis Wright: And if somebody could actually catch somebody live in the 155 00:08:39,679 --> 00:08:44,090 Travis Wright: act and if it is happening, I'd like. You see, 156 00:08:44,090 --> 00:08:48,320 Travis Wright: it is is that even the whole election system with 157 00:08:48,320 --> 00:08:51,470 Travis Wright: the back end, with connecting to this Chinese company called 158 00:08:51,470 --> 00:08:56,689 Travis Wright: Connect Kayo and PCH, that CEO got arrested because they 159 00:08:56,690 --> 00:08:59,960 Travis Wright: were pilfering our data of election workers and sending it 160 00:08:59,960 --> 00:09:03,589 Travis Wright: to China. And they tried to go after the people 161 00:09:03,890 --> 00:09:07,849 Travis Wright: who were the ones who released the information, like there's some. 162 00:09:07,850 --> 00:09:10,910 Travis Wright: And then also, I'm just real quick. Kerry Lake, who 163 00:09:10,910 --> 00:09:15,140 Travis Wright: is running for governor in Arizona, her headquarters gets gets 164 00:09:15,140 --> 00:09:18,530 Travis Wright: bum rushed by the FBI because there's an emergency. Boy, 165 00:09:18,530 --> 00:09:20,510 Travis Wright: that's a great way to plant some stuff you make. 166 00:09:20,510 --> 00:09:23,360 Travis Wright: Everybody is just really weird. So close to elections, there's 167 00:09:23,360 --> 00:09:27,620 Travis Wright: just so much sort of Stasi like Brownshirts shit going 168 00:09:27,620 --> 00:09:29,059 Travis Wright: on and I don't like it. 169 00:09:30,050 --> 00:09:32,510 Joel Comm: I don't like it either. This is interesting. Those who 170 00:09:32,510 --> 00:09:36,080 Joel Comm: are talking about Bitcoin, if you pull up the chart 171 00:09:36,080 --> 00:09:39,920 Joel Comm: here from really let's just go with how do I 172 00:09:39,920 --> 00:09:43,240 Joel Comm: get to one year? I think I got to expand this. 173 00:09:43,250 --> 00:09:44,840 Joel Comm: I can't get the one year. But if we go 174 00:09:44,840 --> 00:09:50,300 Joel Comm: to Max, if you look back about a year ago 175 00:09:50,300 --> 00:09:52,760 Joel Comm: is when Bitcoin hit the all time high, if you 176 00:09:52,760 --> 00:09:56,330 Joel Comm: can believe it, that you know, it's been a year already. 177 00:09:56,580 --> 00:10:01,130 Joel Comm: Looks like around November 10th or so was the date 178 00:10:01,130 --> 00:10:06,560 Joel Comm: that we hit 69,000. And it's been somewhat painful year, but. 179 00:10:08,030 --> 00:10:10,459 Joel Comm: You know, if you look at past times where we 180 00:10:10,460 --> 00:10:13,280 Joel Comm: hit a high a year later and then you get 181 00:10:13,280 --> 00:10:15,110 Joel Comm: this little bump and then it goes down and then 182 00:10:15,110 --> 00:10:20,360 Joel Comm: you hit another high. So I think next year, this 183 00:10:20,360 --> 00:10:24,490 Joel Comm: time next year. Is going to find the crypto markets 184 00:10:25,000 --> 00:10:30,190 Joel Comm: quite happy that financial advice. It's just not financial advice. 185 00:10:30,230 --> 00:10:33,090 Travis Wright: And we don't know because that all depends on the 186 00:10:33,110 --> 00:10:36,290 Travis Wright: things sort of having a bit of status in the space. Right. 187 00:10:36,320 --> 00:10:40,819 Travis Wright: Having a bit of normalcy. If if things collapse, then 188 00:10:41,000 --> 00:10:42,530 Travis Wright: things aren't going to be normal. And this is a 189 00:10:42,530 --> 00:10:44,960 Travis Wright: whole new game. We don't necessarily know what's going to happen. 190 00:10:44,960 --> 00:10:46,970 Travis Wright: So it's really hard to give financial advice when we 191 00:10:46,970 --> 00:10:48,260 Travis Wright: don't give financial advice. 192 00:10:48,440 --> 00:10:51,800 Joel Comm: And it's really this also, you know, is a dangerous 193 00:10:51,800 --> 00:10:55,880 Joel Comm: precedent right here. This story just broke on decrypt library 194 00:10:55,880 --> 00:10:58,699 Joel Comm: l b r y, which is the token that backs 195 00:10:58,700 --> 00:11:02,540 Joel Comm: Odyssey that t v which you can find our videos 196 00:11:02,540 --> 00:11:07,579 Joel Comm: on decentralized crypto. That library lost their SEC case and 197 00:11:07,820 --> 00:11:12,800 Joel Comm: they the SEC is saying that every crypto might end 198 00:11:12,800 --> 00:11:16,940 Joel Comm: up being a security in the U.S., including Etherium. Like 199 00:11:17,059 --> 00:11:22,670 Joel Comm: this is they lost and they're like, we're going to 200 00:11:22,670 --> 00:11:24,500 Joel Comm: lick our wounds for a little bit, but we're not 201 00:11:24,500 --> 00:11:26,959 Joel Comm: giving up. And the best is yet to come. I 202 00:11:26,960 --> 00:11:28,820 Joel Comm: don't know what this means. Like, I don't know where 203 00:11:28,820 --> 00:11:30,350 Joel Comm: they appeal this to now. 204 00:11:31,620 --> 00:11:34,740 Travis Wright: Well, I mean, it is it says it's violated the answer, 205 00:11:34,980 --> 00:11:38,670 Travis Wright: unregistered securities violation and Section five of the Securities Act 206 00:11:38,670 --> 00:11:41,790 Travis Wright: of 1933. You know, we might get to the point 207 00:11:41,790 --> 00:11:43,740 Travis Wright: with all these cryptos and all these things going on 208 00:11:43,740 --> 00:11:46,920 Travis Wright: that it's time to change that Securities Act of 1933, 209 00:11:47,160 --> 00:11:50,070 Travis Wright: because back in those days they didn't have web3, they 210 00:11:50,070 --> 00:11:54,720 Travis Wright: didn't have the Internet, they didn't have crypto and digital assets. 211 00:11:55,020 --> 00:11:58,770 Travis Wright: And now they're trying to they're trying to put new 212 00:11:58,770 --> 00:12:03,510 Travis Wright: technology into old rule boxes. And it doesn't always work. Joel. 213 00:12:04,400 --> 00:12:08,630 Joel Comm: It usually doesn't work because the world is changing. Meanwhile, 214 00:12:08,630 --> 00:12:11,360 Joel Comm: other big news and if you're on the Twitters, you're 215 00:12:11,360 --> 00:12:15,720 Joel Comm: seeing all kinds of talk about this. Sam Bankman-fried, its 216 00:12:15,740 --> 00:12:21,730 Joel Comm: crypto empire is splitting into two with its two entities, right? 217 00:12:21,740 --> 00:12:25,520 Joel Comm: So he owns FCX, which is the crypto exchange and 218 00:12:25,520 --> 00:12:30,170 Joel Comm: a trading firm called Alameda Research. And you know, Sam 219 00:12:30,170 --> 00:12:34,640 Joel Comm: Bankman-fried is appears to be in the pockets of a 220 00:12:34,640 --> 00:12:38,990 Joel Comm: single political party and donates a lot of money to 221 00:12:38,990 --> 00:12:39,500 Joel Comm: that single. 222 00:12:39,690 --> 00:12:42,050 Travis Wright: 92% to that particular party. 223 00:12:42,320 --> 00:12:46,760 Joel Comm: Yeah. Which might be the Democrat Party and doesn't always 224 00:12:46,760 --> 00:12:50,660 Joel Comm: seem to be on the side of the investor. It 225 00:12:50,929 --> 00:12:54,350 Joel Comm: appears that Sam might be on the side of Sam. 226 00:12:54,350 --> 00:13:00,559 Joel Comm: And so CC is calling him out on on Twitter 227 00:13:00,770 --> 00:13:05,270 Joel Comm: and Binance is selling their FCX tokens and he doesn't 228 00:13:05,270 --> 00:13:07,880 Joel Comm: want anything to do with them anymore. 229 00:13:08,510 --> 00:13:11,120 Travis Wright: Yeah, you know, we've had conversations in the past around 230 00:13:11,120 --> 00:13:14,210 Travis Wright: this about Sam Bankman-fried not really being on the up 231 00:13:14,210 --> 00:13:16,670 Travis Wright: and up. Now some of the stuff is hearsay, but 232 00:13:16,670 --> 00:13:18,860 Travis Wright: you know, there was an interesting launch that happened when 233 00:13:18,860 --> 00:13:26,480 Travis Wright: Dominic Wilkins Williams, Dominique Wilkins of the Atlanta Hawks was Duncan. Honestly, 234 00:13:26,480 --> 00:13:34,130 Travis Wright: there's now Dominique Williams, which runs the Internet computer protocol 235 00:13:34,580 --> 00:13:37,729 Travis Wright: at Dfinity. He helped create this. He was one of 236 00:13:37,730 --> 00:13:39,890 Travis Wright: the original guys who was on Ethereum, went over and said, 237 00:13:39,890 --> 00:13:44,059 Travis Wright: let's create this totally decentralized thing that nobody can control. 238 00:13:44,450 --> 00:13:49,200 Travis Wright: And what he had said through conversations was, oh, after 239 00:13:49,520 --> 00:13:52,070 Travis Wright: it looks like it pumped it way up to $400 240 00:13:52,070 --> 00:13:55,460 Travis Wright: and then it sold it. And then shortly thereafter, Solana 241 00:13:55,460 --> 00:13:58,370 Travis Wright: took off. So it's almost like, you know, if you're 242 00:13:58,370 --> 00:14:02,450 Travis Wright: so wealthy in the game, you can predict winners and 243 00:14:02,450 --> 00:14:05,900 Travis Wright: predict losers because you're pushing the ones you want to 244 00:14:05,900 --> 00:14:08,840 Travis Wright: win and you're holding down the ones you want to lose. 245 00:14:09,080 --> 00:14:10,910 Travis Wright: So if that kind of stuff is happening, what's I 246 00:14:10,910 --> 00:14:14,390 Travis Wright: don't know, that's hearsay. If that stuff is happening, then 247 00:14:14,390 --> 00:14:17,300 Travis Wright: that's completely horrible. That's the exact same shit we're trying 248 00:14:17,300 --> 00:14:20,780 Travis Wright: to get away from. From the from these old school 249 00:14:20,960 --> 00:14:25,040 Travis Wright: financial system. Now you're bringing that same old school financial 250 00:14:25,040 --> 00:14:28,850 Travis Wright: system mentality of the oligarchs to this space, and you 251 00:14:28,850 --> 00:14:30,979 Travis Wright: get an ego about yourself and you want to consume 252 00:14:30,980 --> 00:14:34,040 Travis Wright: more and more hoes. The companies you don't like lift 253 00:14:34,040 --> 00:14:35,990 Travis Wright: up the ones you do, and screw the investors in 254 00:14:35,990 --> 00:14:40,300 Travis Wright: the process. If that's the case, if you SPF, I 255 00:14:40,400 --> 00:14:42,979 Travis Wright: make sure to put enough SPF on your skin so 256 00:14:42,980 --> 00:14:44,180 Travis Wright: you don't get sunburnt. 257 00:14:44,510 --> 00:14:49,340 Joel Comm: Dick SBF Yeah, with SPF some as BIA. 258 00:14:49,370 --> 00:14:52,130 Travis Wright: Puts some SPF on your SPF. Yeah. 259 00:14:54,520 --> 00:14:59,290 Joel Comm: So lots of token is is trading right now and 260 00:15:00,510 --> 00:15:03,070 Joel Comm: SEC is like you know we don't think this is 261 00:15:03,070 --> 00:15:06,550 Joel Comm: in the benefit of of crypto in the crypto community 262 00:15:06,550 --> 00:15:10,990 Joel Comm: and decentralization. And he's saying this is not to be 263 00:15:10,990 --> 00:15:16,570 Joel Comm: interpreted as a slight against a competitor exchange. He's just 264 00:15:16,570 --> 00:15:20,260 Joel Comm: being transparent with his actions. So he what he says 265 00:15:20,620 --> 00:15:25,750 Joel Comm: and I don't have I don't use FDX and I 266 00:15:25,750 --> 00:15:28,930 Joel Comm: won't use FDX. And there are some people I've seen 267 00:15:28,930 --> 00:15:31,780 Joel Comm: on Twitter that have been saying consistently for the last 268 00:15:31,780 --> 00:15:34,720 Joel Comm: couple of weeks, get your funds off FDX. What if 269 00:15:34,720 --> 00:15:37,570 Joel Comm: they are insolvent? What if I don't know, What if 270 00:15:37,570 --> 00:15:38,020 Joel Comm: they are? 271 00:15:38,660 --> 00:15:40,390 Travis Wright: Yeah. What if so if we're looking at an all 272 00:15:40,390 --> 00:15:42,880 Travis Wright: time high, all of this thing, it looks like after 273 00:15:43,030 --> 00:15:46,720 Travis Wright: the FTT token hit about 80 bucks in September of 274 00:15:46,720 --> 00:15:49,270 Travis Wright: last year, and now it is at one of its 275 00:15:49,270 --> 00:15:52,600 Travis Wright: lowest prices that we've seen in a long time. At $22, 276 00:15:52,900 --> 00:15:58,300 Travis Wright: it's it's lower than its previous low since it took off. Right? 277 00:15:58,300 --> 00:16:00,460 Travis Wright: It took off. And it looks like it took off 278 00:16:00,460 --> 00:16:04,930 Travis Wright: in December of 2021. And it's starting to rise. Made 279 00:16:04,930 --> 00:16:06,610 Travis Wright: it all the way up to 80 bucks. Now it's 280 00:16:06,610 --> 00:16:10,020 Travis Wright: down at 22 bucks. Let's let's keep an eye on this. 281 00:16:10,030 --> 00:16:12,820 Travis Wright: And it's interesting to me, Joel, it's really interesting why 282 00:16:12,820 --> 00:16:16,810 Travis Wright: watching CC? CC, you know, some people go, oh, he's Chinese, 283 00:16:16,810 --> 00:16:19,450 Travis Wright: he's in their pockets and he's working with the CCP 284 00:16:19,450 --> 00:16:22,030 Travis Wright: and he's doing stuff like this that makes you go, 285 00:16:22,780 --> 00:16:25,840 Travis Wright: maybe he's not. He's probably not. He's he's doing stuff 286 00:16:25,840 --> 00:16:28,180 Travis Wright: that seems more on the up and up than people 287 00:16:28,180 --> 00:16:29,890 Travis Wright: we would expect to be on the up and up. 288 00:16:30,340 --> 00:16:33,100 Joel Comm: Well, in the thing that concerns me about that is 289 00:16:33,100 --> 00:16:36,040 Joel Comm: what do they do to Jack Ma, right. The CEO 290 00:16:36,040 --> 00:16:38,650 Joel Comm: of Alibaba. Where is he? We've not heard anything about 291 00:16:38,650 --> 00:16:39,150 Joel Comm: Jack Ma. 292 00:16:39,160 --> 00:16:41,380 Travis Wright: Have we just kind of disappeared. They kind of exiled 293 00:16:41,380 --> 00:16:47,020 Travis Wright: him somewhere and said, you know, hitting CCP and sit 294 00:16:47,020 --> 00:16:47,920 Travis Wright: down and shut up. 295 00:16:48,980 --> 00:16:52,760 Joel Comm: So I'm like, you know, I'm a little nervous for first. 296 00:16:53,420 --> 00:16:54,860 Joel Comm: If he if he stands out and. 297 00:16:55,190 --> 00:16:58,070 Travis Wright: Well, look at it, he's standing out versus FCX. He 298 00:16:58,070 --> 00:17:01,730 Travis Wright: purchased some of Twitter with with Elon Musk while he's 299 00:17:01,730 --> 00:17:03,950 Travis Wright: doing things that's on the side of freedom of speech 300 00:17:03,950 --> 00:17:06,980 Travis Wright: and freedom. And folks like you get too big for 301 00:17:06,980 --> 00:17:10,010 Travis Wright: the britches, normally get visits from the alphabet agencies. 302 00:17:11,390 --> 00:17:16,250 Joel Comm: Britches, get visited by bitches and a lot of what's 303 00:17:16,250 --> 00:17:19,460 Joel Comm: going to happen next. Kind of depends upon what happens 304 00:17:19,460 --> 00:17:24,200 Joel Comm: in the elections. And the survey was taken of voters 305 00:17:24,350 --> 00:17:27,980 Joel Comm: asking them if they would find it important to consider 306 00:17:28,550 --> 00:17:33,980 Joel Comm: candidates crypto positions. And about 80% of respondents said crypto 307 00:17:33,980 --> 00:17:39,770 Joel Comm: regulation should be clearer, which includes 88% of Democrats and 77% 308 00:17:39,770 --> 00:17:43,790 Joel Comm: of Republicans. I don't understand anybody saying we need more 309 00:17:43,790 --> 00:17:47,330 Joel Comm: regulation like that ever leads to anything that's actually good 310 00:17:47,330 --> 00:17:50,720 Joel Comm: for the people that it's designed to protect. It usually 311 00:17:50,720 --> 00:17:54,980 Joel Comm: just protects the financial class themselves. If we're going to 312 00:17:54,980 --> 00:17:58,190 Joel Comm: have regulation, I think maybe we should have it against 313 00:17:58,520 --> 00:18:03,290 Joel Comm: the financial institutions that pillage and plunder the retail class. 314 00:18:03,290 --> 00:18:05,480 Joel Comm: That's all they do all day long is manipulate the 315 00:18:05,480 --> 00:18:08,629 Joel Comm: markets and take money from from, you know, mom and 316 00:18:08,630 --> 00:18:10,280 Joel Comm: pop America. So. 317 00:18:11,359 --> 00:18:13,310 Travis Wright: Well, think about this. It's like if you're going to 318 00:18:13,310 --> 00:18:17,449 Travis Wright: do stuff, do stuff that that really impacts everyone because 319 00:18:17,450 --> 00:18:19,550 Travis Wright: it seems to me more and more so that there 320 00:18:19,550 --> 00:18:22,609 Travis Wright: are multiple classes in America. It's like if you're the 321 00:18:22,609 --> 00:18:25,100 Travis Wright: ruling class and a lot of these things don't matter 322 00:18:25,100 --> 00:18:26,870 Travis Wright: to you because you're going to go ahead and do 323 00:18:26,869 --> 00:18:30,500 Travis Wright: insider stock trading and whatever. And if you're in the 324 00:18:30,500 --> 00:18:33,800 Travis Wright: lower positions, well, then you're not an official. You can't 325 00:18:33,800 --> 00:18:37,820 Travis Wright: be a certified investor because you don't have X amount 326 00:18:37,820 --> 00:18:40,400 Travis Wright: of money. And so it's like there are always there's 327 00:18:40,400 --> 00:18:43,100 Travis Wright: always these little nuances to these rules that kind of 328 00:18:43,100 --> 00:18:46,250 Travis Wright: try to keep people keep in your lane, stay in 329 00:18:46,250 --> 00:18:50,090 Travis Wright: place and sit down and shut up. It really seems 330 00:18:50,090 --> 00:18:52,100 Travis Wright: like there's a lot of that going on all over. 331 00:18:52,130 --> 00:18:56,360 Joel Comm: It's interesting, though, that 37% of the people of likely 332 00:18:56,359 --> 00:19:02,990 Joel Comm: voters said that crypto would have some influence in casting 333 00:19:02,990 --> 00:19:05,360 Joel Comm: their vote. That's a significant number of people. 334 00:19:05,810 --> 00:19:08,000 Travis Wright: That's a lot. That's a lot of people. When you 335 00:19:08,000 --> 00:19:11,600 Travis Wright: considering how many people and then you think about it, too, Joel, 336 00:19:11,600 --> 00:19:14,750 Travis Wright: it's like they only polled 2000 people, right? So it's 337 00:19:14,750 --> 00:19:17,270 Travis Wright: not like they polled all that. So how accurate is 338 00:19:17,270 --> 00:19:20,090 Travis Wright: the poll? You know, we're seeing polls going on right 339 00:19:20,090 --> 00:19:23,060 Travis Wright: now about politics that say, oh, my God, it's not 340 00:19:23,060 --> 00:19:24,590 Travis Wright: going to be a red wave, it's going to be 341 00:19:24,590 --> 00:19:26,990 Travis Wright: a red tsunami. And then you see people going, ha 342 00:19:26,990 --> 00:19:29,150 Travis Wright: ha ha. These people who think it's a red tsunami 343 00:19:29,390 --> 00:19:32,300 Travis Wright: are going to see that blue wave. And it is 344 00:19:32,300 --> 00:19:35,300 Travis Wright: what it is. It's not who voted to count the 345 00:19:35,300 --> 00:19:37,490 Travis Wright: votes and what machines count the votes. And that's what's 346 00:19:37,490 --> 00:19:40,550 Travis Wright: always been the case. And now worldwide, pretty much all 347 00:19:40,550 --> 00:19:43,580 Travis Wright: of them are using these electronic voting systems. And if 348 00:19:43,580 --> 00:19:46,460 Travis Wright: you are in Brazil right now and you say you 349 00:19:46,730 --> 00:19:49,010 Travis Wright: disagree with the election and how it was ran and 350 00:19:49,010 --> 00:19:51,080 Travis Wright: you think it was stolen, well, now you're a criminal. 351 00:19:51,800 --> 00:19:54,690 Travis Wright: That just came out today. The head of the the 352 00:19:54,830 --> 00:19:58,010 Travis Wright: Supreme Court there in Brazil said you're a criminal if 353 00:19:58,010 --> 00:20:02,190 Travis Wright: you don't if you disagree with what's going on here. 354 00:20:02,210 --> 00:20:05,420 Travis Wright: So to me, it's like, wow, we're getting so close 355 00:20:05,420 --> 00:20:09,409 Travis Wright: to some authoritarian dystopia powered by technology right now is 356 00:20:09,410 --> 00:20:12,140 Travis Wright: just so crazy that if you don't see it, I 357 00:20:12,140 --> 00:20:14,629 Travis Wright: don't know how to wake you up like I'm past 358 00:20:14,630 --> 00:20:15,200 Travis Wright: that point. 359 00:20:16,100 --> 00:20:19,040 Joel Comm: That people will wake up when they realize that they 360 00:20:19,040 --> 00:20:23,400 Joel Comm: have been completely stripped of the ability to to move. Right. 361 00:20:23,420 --> 00:20:25,220 Joel Comm: If you're on a social credit system, they don't like 362 00:20:25,220 --> 00:20:27,350 Joel Comm: what you say. And then some people all of a 363 00:20:27,350 --> 00:20:30,409 Joel Comm: sudden can't buy an airplane ticket because it's like China's 364 00:20:30,410 --> 00:20:34,160 Joel Comm: social credit system or they can't buy their tracking every 365 00:20:34,160 --> 00:20:38,820 Joel Comm: single thing. Guess what? Guess who did that? Not us. 366 00:20:39,900 --> 00:20:42,630 Joel Comm: We're not creating that. There are certain candidates that you 367 00:20:42,630 --> 00:20:45,240 Joel Comm: may be voting for that are, though, in the name 368 00:20:45,240 --> 00:20:49,050 Joel Comm: of fairness and ain't fair, babe. Let me tell you 369 00:20:49,050 --> 00:20:49,810 Joel Comm: what's fair. 370 00:20:49,830 --> 00:20:51,780 Travis Wright: I don't know. You're not missing things, Joe. You need 371 00:20:51,780 --> 00:20:53,520 Travis Wright: to sit down and shut up. I don't know what 372 00:20:53,520 --> 00:20:55,950 Travis Wright: you're doing there because you just need to be quiet 373 00:20:55,950 --> 00:20:58,020 Travis Wright: and just go with the flow of the program. 374 00:20:58,560 --> 00:21:01,650 Joel Comm: And I stand instead. I'm not sitting on my standing desk. 375 00:21:01,770 --> 00:21:03,760 Travis Wright: Well, that's okay. You can do what you like now. 376 00:21:03,780 --> 00:21:07,350 Travis Wright: Crypto is no longer the top ten most cited potential risks. 377 00:21:07,410 --> 00:21:11,699 Travis Wright: The US Central Bank has reported US-China tensions and the 378 00:21:11,700 --> 00:21:17,010 Travis Wright: Russian Ukraine war. Higher energy prices. Rising inflation. The Covid's 379 00:21:18,330 --> 00:21:21,639 Travis Wright: cyber attacks are more pressing issues into the financial space. 380 00:21:21,660 --> 00:21:24,960 Travis Wright: I would say the financial system in itself is a 381 00:21:24,960 --> 00:21:29,100 Travis Wright: potential risk because fiat currency, you know, the creature from 382 00:21:29,100 --> 00:21:31,530 Travis Wright: Jekyll Island. If you pay attention to what happens with 383 00:21:31,530 --> 00:21:35,010 Travis Wright: paper money that's backed by nothing, eventually it always crashes, 384 00:21:35,250 --> 00:21:39,719 Travis Wright: always 100% the time always crashes. And now we're at 385 00:21:39,720 --> 00:21:42,630 Travis Wright: the end of the life cycle of this paper money, 386 00:21:42,630 --> 00:21:44,790 Travis Wright: which is now leading us to a whole lot of 387 00:21:44,790 --> 00:21:48,570 Travis Wright: these other things. And I actually read some stuff about 388 00:21:48,570 --> 00:21:52,800 Travis Wright: some Twitter bots. They analysed over 5 million tweets that 389 00:21:52,800 --> 00:21:57,510 Travis Wright: happened from the week leading up to the Ukraine Russian 390 00:21:57,510 --> 00:22:01,469 Travis Wright: war and then two weeks after the Russian Ukraine war. 391 00:22:01,800 --> 00:22:06,420 Travis Wright: 90 some odd percent of them were pro Ukrainian bots 392 00:22:06,420 --> 00:22:08,910 Travis Wright: that were spewing the same message to drive up fear 393 00:22:08,910 --> 00:22:12,090 Travis Wright: to get people angry. And hopefully now the new chief 394 00:22:12,090 --> 00:22:15,659 Travis Wright: twit is able to determine when these botnets are coming 395 00:22:15,660 --> 00:22:18,929 Travis Wright: on and they're not able to use these to drive propaganda, 396 00:22:19,109 --> 00:22:21,740 Travis Wright: to drive fear. They're no longer able to do this. 397 00:22:21,750 --> 00:22:25,050 Travis Wright: I want a fair and balanced playground. I don't care 398 00:22:25,050 --> 00:22:29,790 Travis Wright: if a Democrat wins legitimately. Cool. You won legitimately. I'm 399 00:22:29,880 --> 00:22:32,010 Travis Wright: totally down with that. I'm calm, okay? I'm not going 400 00:22:32,010 --> 00:22:34,740 Travis Wright: to ever grow up about that. But whenever I start 401 00:22:34,740 --> 00:22:37,680 Travis Wright: seeing and smelling and going down rabbit holes and seeing 402 00:22:37,680 --> 00:22:40,410 Travis Wright: things that don't look right, I'm going to speak up 403 00:22:40,410 --> 00:22:42,929 Travis Wright: about it because that's my nature. I have I'm a 404 00:22:42,930 --> 00:22:46,770 Travis Wright: critical thinker. Joel, you're a critical thinker. We see things 405 00:22:46,770 --> 00:22:49,889 Travis Wright: through a lens that maybe other people don't. And you know, 406 00:22:49,890 --> 00:22:52,050 Travis Wright: what I noticed is more people who are in crypto, 407 00:22:52,140 --> 00:22:54,810 Travis Wright: including you guys who are listening, you guys don't always 408 00:22:54,810 --> 00:22:58,950 Travis Wright: buy that propaganda stuff, those narratives, because why you're in 409 00:22:58,950 --> 00:23:00,930 Travis Wright: it for the freedom of this whole thing, you like 410 00:23:00,930 --> 00:23:03,030 Travis Wright: the decentralization of it. So a lot of you see 411 00:23:03,030 --> 00:23:04,710 Travis Wright: the same things through the lens that we do. 412 00:23:05,820 --> 00:23:10,619 Joel Comm: Question everything. But don't question this. You know, if you 413 00:23:10,619 --> 00:23:14,369 Joel Comm: need your your bad crypto nifty club membership, go to 414 00:23:14,369 --> 00:23:18,120 Joel Comm: bad crypto dot uncut dot. For those of you that 415 00:23:18,119 --> 00:23:21,480 Joel Comm: were token holders, you just got airdropped the U.S. dollar 416 00:23:21,480 --> 00:23:24,030 Joel Comm: is toast. NFT and I think we should make one 417 00:23:24,030 --> 00:23:26,490 Joel Comm: for four this week as well. 418 00:23:26,520 --> 00:23:28,200 Travis Wright: Well make way for this week. Yeah. Yeah. 419 00:23:28,200 --> 00:23:29,640 Joel Comm: We don't know what it's going to be yet. We'll 420 00:23:29,640 --> 00:23:31,770 Joel Comm: announce it in another episode this week, but there's going 421 00:23:31,770 --> 00:23:34,439 Joel Comm: to be another free airdrop. I think there was only 422 00:23:34,440 --> 00:23:37,590 Joel Comm: 80 of these that were created. So this is now 423 00:23:37,590 --> 00:23:39,960 Joel Comm: a collectible. We've still got a few of the classic 424 00:23:40,230 --> 00:23:42,239 Joel Comm: McAfee clips, but what you want to do when you're 425 00:23:42,240 --> 00:23:44,699 Joel Comm: here is scroll down to this one right here, the 426 00:23:44,700 --> 00:23:50,550 Joel Comm: Bad Crypto nifty club. It is 0.002 ethe. Okay. And 427 00:23:50,550 --> 00:23:53,190 Joel Comm: the only reason that we're charging anything at all is 428 00:23:53,190 --> 00:23:56,130 Joel Comm: because we don't want bots coming in and taking them. 429 00:23:56,130 --> 00:24:00,270 Joel Comm: So you got to right now that's $3.18. Connect your wallet, 430 00:24:00,570 --> 00:24:01,700 Joel Comm: grab one of these. 431 00:24:01,750 --> 00:24:04,199 Travis Wright: They're beautiful. Look how beautiful they are. It's spinning and 432 00:24:04,200 --> 00:24:05,550 Travis Wright: looks sexy like that. 433 00:24:06,240 --> 00:24:08,790 Joel Comm: You'll be a bad ass, a bad cryptopia. And you'll 434 00:24:08,790 --> 00:24:12,060 Joel Comm: get corn. By the way, the corner drops already happened 435 00:24:12,060 --> 00:24:15,570 Joel Comm: as well. And so get in there. Bad crypto dot 436 00:24:15,570 --> 00:24:20,220 Joel Comm: uncut dot FM links are in the shownotes where you 437 00:24:20,220 --> 00:24:23,100 Joel Comm: can find that in the show. Notes are at bad 438 00:24:23,100 --> 00:24:27,960 Joel Comm: CO dot I and forward slash 646. 439 00:24:28,050 --> 00:24:31,320 Travis Wright: I think we'll do one for the Friday show. Joe. Okay. 440 00:24:31,320 --> 00:24:35,040 Travis Wright: It's a monumental step for blockchains like a blockchain monumental step. 441 00:24:35,040 --> 00:24:36,570 Travis Wright: That could be a fun thing to play around with. 442 00:24:36,570 --> 00:24:40,590 Joel Comm: They are so get your bad crypto nifty club NFT 443 00:24:40,590 --> 00:24:43,139 Joel Comm: before then so that you get this going to be 444 00:24:43,140 --> 00:24:46,080 Joel Comm: a free airdrop for everybody that holds one on the 445 00:24:46,260 --> 00:24:49,770 Joel Comm: snapshot date to be announced. So thanks for joining us. 446 00:24:50,070 --> 00:24:53,580 Joel Comm: We appreciate you all being with us on this journey. 447 00:24:53,580 --> 00:24:56,280 Joel Comm: Even though we rant, maybe we know what we're talking about, 448 00:24:56,280 --> 00:25:00,060 Joel Comm: maybe we don't. But we do know one thing, and 449 00:25:00,060 --> 00:25:03,930 Joel Comm: that is regardless of who wins the elections, you need 450 00:25:03,930 --> 00:25:05,080 Joel Comm: to step. 451 00:25:20,350 --> 00:25:21,070 S3: Whose bad? 452 00:25:22,880 --> 00:25:26,510 Joel Comm: The Bad Crypto podcast is a production of Bad Crypto LLC. 453 00:25:26,660 --> 00:25:29,390 Joel Comm: The content of the show, the videos and the website 454 00:25:29,390 --> 00:25:33,500 Joel Comm: is provided for educational, informational and entertainment purposes only. It's 455 00:25:33,500 --> 00:25:37,430 Joel Comm: not intended to be and does not constitute financial investment 456 00:25:37,430 --> 00:25:40,460 Joel Comm: or trading advice of any kind. You shouldn't make any 457 00:25:40,460 --> 00:25:44,150 Joel Comm: decisions as to finances, investing, trading or anything else based 458 00:25:44,150 --> 00:25:48,680 Joel Comm: on this information without undertaking independent due diligence and consultation 459 00:25:48,680 --> 00:25:52,070 Joel Comm: with a professional financial advisor. Please understand that the trading 460 00:25:52,070 --> 00:25:57,140 Joel Comm: of Bitcoins and alternative cryptocurrencies have potential risks involved. Anyone 461 00:25:57,140 --> 00:25:59,540 Joel Comm: wishing to invest in any of the currencies or tokens 462 00:25:59,540 --> 00:26:02,899 Joel Comm: mentioned on this podcast should first seek their own independent 463 00:26:02,900 --> 00:26:10,110 Joel Comm: professional financial advisor. That's all we know. I don't know 464 00:26:10,130 --> 00:26:12,820 Joel Comm: anything else. I don't know, Dick. 465 00:26:15,460 --> 00:26:16,150 Joel Comm: I concur.