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Speaker 2: Let's go here.

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Speaker 3: Microsoft was last week it was that it's fifty two

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Speaker 3: week low of two hundred and thirty two dollars. It's

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Speaker 3: fifty two weeks high with three hundred and forty nine dollars.

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Speaker 3: So you know, you always talk about people always talk

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Speaker 3: about you want to invest in their fifty two week low.

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Speaker 3: It's at two hundred and forty dollars now, so was

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Speaker 3: the time to buy Microsoft last week? Do you see

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Speaker 3: Microsoft as a company that's now on the uptick? And

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Speaker 3: why did Microsoft fall so much? When Apple didn't really

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Speaker 3: fall that much? Apple fell, but it didn't it didn't

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Speaker 3: fall to fifty two week low.

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Speaker 2: Yeah.

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Speaker 4: Apple wanted to get down to one forty goes as

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Speaker 4: low one thirty seven, yeah, one thirty seven, and it

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Speaker 4: was peaked at what got a pretty.

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Speaker 2: High it's peaked for the year two Yeah, I mean.

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Speaker 4: So it's a it's a huge pullback. Is it a

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Speaker 4: good time to buy Microsoft? I mean it's the same

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Speaker 4: question I get, like if somebody asked me it's a

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Speaker 4: good time to buy Apple, I'm like, yes, yes, it's

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Speaker 4: always a good time. In fact, I added to my

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Speaker 4: kids custodial accounts with Apple, with Microsoft, and uh with Google.

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Speaker 4: I think Google got under one hundred dollars. So I

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Speaker 4: was like, all right, well this is my time.

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Speaker 5: Yeah.

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Speaker 4: I mean I don't I don't like what Ian just said, like,

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Speaker 4: find the four companies that you love and want to

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Speaker 4: keep on term. We've said this for two and a

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Speaker 4: half years three years now. Microsoft is one of them.

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Speaker 2: Yeah.

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Speaker 4: I mean you can hold up the emojis there right,

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Speaker 4: like those are those?

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Speaker 2: Are the that up? Right? Yeah?

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Speaker 6: I mean if some interesting stats on Microsoft, if you

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Speaker 6: look at all versions of Win those Microsoft has seventy

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Speaker 6: five percent of share and the DESKTIP and the desktop

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Speaker 6: operating system market. That is not going to change the

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Speaker 6: truth of why Apple fell. And Microsoft felt like to

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Speaker 6: put it very clear that economy is damaged. I'm not

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Speaker 6: going to say beyond repair, but this is the most

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Speaker 6: critical state that we've been in a long time, and

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Speaker 6: I would argue even worse than two thousand and eight.

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Speaker 6: So as a market is being pushed down, everyone has

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Speaker 6: so much fear, and that's why the dollar's risen so much.

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Speaker 6: Everyone's like, let me just go to cash. I don't

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Speaker 6: know when this is going to end. I don't have

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Speaker 6: Ian's crystal Ball. He won't sell me a license to it,

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Speaker 6: so I don't know what a market is going to

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Speaker 6: buy him out. Let me just put my money underneath

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Speaker 6: the mattress, and as long as my place doesn't catch

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Speaker 6: on fire, I'll be safe. And I totally understand that,

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Speaker 6: but I think they have a competitive advantage as well

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Speaker 6: as Apple, and I said, we can talk about it

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Speaker 6: if we want you later. But also with Apple pushing

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Speaker 6: into the NFC space, which could be very damaging for

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Speaker 6: lovers of crypto and NFTs, those are the two safeest stocks.

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Speaker 6: But but they're falling because of global fear. Like if

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Speaker 6: you look right now, there are not too many bright spots.

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Speaker 6: Oilists come down, Commodity prices have come down, inflation is up,

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Speaker 6: Utility has not hit the peak what it should yet

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Speaker 6: for a reversal. So I'm looking for like forty on

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Speaker 6: the victor, maybe forty five before we start to buy

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Speaker 6: them out. We're just in the middle of an economic storm.

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Speaker 6: And even though we have all the data around it,

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Speaker 6: and no matter how many times I can tell you, hey,

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Speaker 6: listen to money Master the game. Re money Master the game.

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Speaker 6: When you're in the thick of the fire, it is

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Speaker 6: not fun. The only salvation that you have right now

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Speaker 6: as an investor is to be able to trade short term,

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Speaker 6: to be able to provide games, and if your business owner,

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Speaker 6: to put your foot on the gas in terms of

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Speaker 6: marketing and growing your business. But in the overall market,

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Speaker 6: it's really scary now, Like I said before, it's only

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Speaker 6: maybe thirty companies, maybe twenty in the S and P.

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Speaker 5: Five hundred that our worth is wait and goal, you

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Speaker 5: say no, go ahead.

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Speaker 4: Now I was gonna say, you said forty two on

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Speaker 4: the Vics.

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Speaker 6: Yeah, okay, okay, Yeah, gotcha, forty two, forty five of

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Speaker 6: where we start to turning around and truth, and I've

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Speaker 6: been saying it for maybe a year and a half,

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Speaker 6: we have to have publicly traded companies that innovate a

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Speaker 6: lot better and a lot faster and actually create more

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Speaker 6: value in the marketplace. One of the things I talked

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Speaker 6: about with the good folks over matter needing with will.

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Speaker 6: So as a result, this is going to be a

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Speaker 6: changing of the guard where we actually have to produce

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Speaker 6: better returns, better products, better services that are better internationally

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Speaker 6: as well, and not just get endless rounds of funding.

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Speaker 6: And the companies that will do that over the next

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Speaker 6: five years will dominate the next fifty years. But right now,

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Speaker 6: this is the part of the roller coaster that's not

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Speaker 6: fun to be gone.

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Speaker 2: Forty two.

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Speaker 4: That means there's some pain on the way.

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Speaker 3: Yeah, let's talk about this. The last question before we

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Speaker 3: bring our guests on, is okay why should crypto enthusiasts

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Speaker 3: and NFT lovers be worried about apples potential playing and

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Speaker 3: take over the market? And what is what is Apple

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Speaker 3: planning on doing?

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Speaker 6: So? I know everyone always like yo, your Apple enthusiasts,

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Speaker 6: you always caping for apps. Let me give you an

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Speaker 6: alternative perspective on the not so good side. So Apple

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Speaker 6: is going to allow developers to sell NFTs in the

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Speaker 6: gaming platform and an app. So hypothetically, what if they

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Speaker 6: put an Ethereum wallet in every mobile game?

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Speaker 5: There's a billion users on the platform.

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Speaker 4: Earners, what's up? You ever walk into a small business

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Speaker 5: What will happen.

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Speaker 6: As a result, you had now have another major institution

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Speaker 6: that is eating up the lion's share of that crypto

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Speaker 6: space in tandem with JP Morgan owning a lion's share

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Speaker 6: of it. And this isn't the time where I'm going

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Speaker 6: to say hey, I told you so. But anytime we

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Speaker 6: say hey, this is the greatest thing on earth and

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Speaker 6: this is for the people, the institutions are going to

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Speaker 6: find a way to say, hey, let me get a

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Speaker 6: piece of that thing.

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Speaker 4: So now I was an add to what you're saying

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Speaker 4: with one hundred percent, right, I think most people will

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Speaker 4: look at it and most of the headlines will say, well,

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Speaker 4: people are going to have to pay that thirty percent

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Speaker 4: cut that Apple's going to pay for anybody that sells

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Speaker 4: inside the app. And short term it sounds like, oh,

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Speaker 4: that's a problem, most people want to do it. But

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Speaker 4: when you that piece that you said, one billion users

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Speaker 4: users to the space, that thirty percent almost becomes like,

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Speaker 4: all right, that's just the cost to do business, right,

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Speaker 4: because you're bringing one billion people in crypto. You know,

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Speaker 4: obviously it's still very new, like twelve years in, but

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Speaker 4: there's still people who don't know all the effects or

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Speaker 4: how to use it or what is even meant for

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Speaker 4: if you get people on the iPhone. You got one

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Speaker 4: billion users now in that space that can purchase that.

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Speaker 4: The other part actively do it. But the interesting part

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Speaker 4: is that they're going to sell the NFTs for US dollars.

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Speaker 4: You don't even have to use a crypto to buy them, right.

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Speaker 4: You can convert that after right, you can do it,

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Speaker 4: convert it to bitcoin or Ethereum, Masona or anyone that

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Speaker 4: you want to. But you can buy the US dollars,

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Speaker 4: which makes the use case even more attractive. Right now,

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Speaker 4: I don't have to figure out, wait, I got to

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Speaker 4: buy this and get this and put this in my

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Speaker 4: wallet to purchase it. No, I could just use my

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Speaker 4: US dollars to purchase it. The use case and the

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Speaker 4: user case there. It makes it a lot more easier,

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Speaker 4: which makes more people even intrigued to get in.

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Speaker 2: So I mean it would be beneficial for Apples, for NFTs.

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Speaker 4: Yeah, for NFTs too, but some of those companies that

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Speaker 4: are relying on those spees.

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Speaker 6: I mean, but but if it's supposed to be decentralized,

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Speaker 6: like even after they get to merge. Now it's six

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Speaker 6: exchanges that have what sixty five percent of the distribution. Now,

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Speaker 6: Apple also has a great relationship with the government, and

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Speaker 6: wait till the regulations come. Now, during times of disaster,

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Speaker 6: prayers are gonna the surf love you and praying for you.

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Speaker 6: During times of disaster and economic calamity, more charges come.

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Speaker 6: So now in two or three years, they're going to

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Speaker 6: push heavier crypto regulation and you're going to start to

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Speaker 6: see a lot of talk about government. I mean from

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Speaker 6: our government. Is crypto an issue of national security? And

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Speaker 6: if they waved the flag for Apple and say hey,

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Speaker 6: you're going to be our measure of safety and everything

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Speaker 6: is done through you. Now you have JP Morgan, Apple

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Speaker 6: in the United States government eating up majority of the

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Speaker 6: crypto And guess what if the games are not coming

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Speaker 6: from iPhone fourteen when Steve jobs dart To say it's

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Speaker 6: no better than thirteen, you don't think they won't run

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Speaker 6: to their crypto market and get it there.

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Speaker 5: Tough man. I know everyone said last year I didn't know,

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Speaker 5: and then here we are.

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Speaker 6: JP Morgan might go ahead Apple US government military game

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Speaker 6: set match.

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Speaker 2: So but but it is beneficial though for.

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Speaker 6: Apple there's no different than Universal owing all the masters

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Speaker 6: to and back when Leo was a deaf jam and

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Speaker 6: it was yeah, it was beneficial for murder Aim to

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Speaker 6: have a label deal and Leor ended up with everything

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Speaker 6: went to three hundred and YouTube.

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Speaker 2: Well, I think it's like.

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Speaker 3: It's kind of like when Crypto, when Fidelity's starting to

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Speaker 3: let Crypto and fall one k's and different it's official

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Speaker 3: to Crypto because more it's more exposure. Is it legitimizes

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Speaker 3: the space even more and it means that it's even

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Speaker 3: more of a case why it's here to stay, but.

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Speaker 6: It's more Okay, So imagine if let's make up a

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Speaker 6: network ABC network, well it's the actual ABC. XYZ network

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Speaker 6: came to us and said, hey, we want sixty five

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Speaker 6: percent of everything that you do content wise, but we'll

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Speaker 6: give you legitimacy. We will we take that deal. I

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Speaker 6: would say, no, it's the same thing. So now if

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Speaker 6: we have seven major players, and it may of course

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Speaker 6: give legitimacy to it, and it may make the overall

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Speaker 6: market cap larger, but there is not decentralized and not

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Speaker 6: for the people, and it's not a too little liberation.

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Speaker 3: I think the idea of decentralized is a part in

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Speaker 3: this guy the wealthy control every last year.

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Speaker 5: No one was saying that though, does that mean I

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Speaker 5: was getting killed?

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Speaker 1: Who?

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Speaker 3: The wealthy always control everything last year. They controlled the

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Speaker 3: NFT market last year. So you know, it's never going

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Speaker 3: to be a situation where it's the great equalizer and

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Speaker 3: it's the poor man's weight of wealth. Like, once people

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Speaker 3: see that this is a viable option, you know, the

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Speaker 3: rich are going to control it. Powerful institutions, banks, hedge funds,

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Speaker 3: they're going to control it. They controlled it last year,

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Speaker 3: They controlling it this year.

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Speaker 7: Yes, my graduates from my school being forced back drop

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Speaker 7: bag drop mic drop backdrop drop.

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Speaker 6: agricultural waste.

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