WEBVTT - Cliff Notes: MICROSOFT STOCK & APPLE'S PLAN TO TAKEOVER THE NFT MARKET

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<v Speaker 2>Let's go here.

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<v Speaker 3>Microsoft was last week it was that it's fifty two

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<v Speaker 3>week low of two hundred and thirty two dollars. It's

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<v Speaker 3>fifty two weeks high with three hundred and forty nine dollars.

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<v Speaker 3>So you know, you always talk about people always talk

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<v Speaker 3>about you want to invest in their fifty two week low.

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<v Speaker 3>It's at two hundred and forty dollars now, so was

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<v Speaker 3>the time to buy Microsoft last week? Do you see

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<v Speaker 3>Microsoft as a company that's now on the uptick? And

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<v Speaker 3>why did Microsoft fall so much? When Apple didn't really

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<v Speaker 3>fall that much? Apple fell, but it didn't it didn't

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<v Speaker 3>fall to fifty two week low.

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<v Speaker 2>Yeah.

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<v Speaker 4>Apple wanted to get down to one forty goes as

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<v Speaker 4>low one thirty seven, yeah, one thirty seven, and it

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<v Speaker 4>was peaked at what got a pretty.

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

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<v Speaker 4>So it's a it's a huge pullback. Is it a

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<v Speaker 4>good time to buy Microsoft? I mean it's the same

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<v Speaker 4>question I get, like if somebody asked me it's a

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<v Speaker 4>good time to buy Apple, I'm like, yes, yes, it's

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<v Speaker 4>always a good time. In fact, I added to my

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<v Speaker 4>kids custodial accounts with Apple, with Microsoft, and uh with Google.

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<v Speaker 4>I think Google got under one hundred dollars. So I

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<v Speaker 4>was like, all right, well this is my time.

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<v Speaker 5>Yeah.

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<v Speaker 4>I mean I don't I don't like what Ian just said, like,

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<v Speaker 4>find the four companies that you love and want to

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<v Speaker 4>keep on term. We've said this for two and a

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<v Speaker 4>half years three years now. Microsoft is one of them.

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<v Speaker 2>Yeah.

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<v Speaker 4>I mean you can hold up the emojis there right,

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<v Speaker 4>like those are those?

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<v Speaker 2>Are the that up? Right? Yeah?

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<v Speaker 6>I mean if some interesting stats on Microsoft, if you

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<v Speaker 6>look at all versions of Win those Microsoft has seventy

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<v Speaker 6>five percent of share and the DESKTIP and the desktop

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<v Speaker 6>operating system market. That is not going to change the

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<v Speaker 6>truth of why Apple fell. And Microsoft felt like to

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<v Speaker 6>put it very clear that economy is damaged. I'm not

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<v Speaker 6>going to say beyond repair, but this is the most

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<v Speaker 6>critical state that we've been in a long time, and

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<v Speaker 6>I would argue even worse than two thousand and eight.

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<v Speaker 6>So as a market is being pushed down, everyone has

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<v Speaker 6>so much fear, and that's why the dollar's risen so much.

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

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<v Speaker 6>know when this is going to end. I don't have

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

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<v Speaker 6>so I don't know what a market is going to

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<v Speaker 6>buy him out. Let me just put my money underneath

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<v Speaker 6>the mattress, and as long as my place doesn't catch

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<v Speaker 6>on fire, I'll be safe. And I totally understand that,

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<v Speaker 6>but I think they have a competitive advantage as well

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<v Speaker 6>as Apple, and I said, we can talk about it

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<v Speaker 6>if we want you later. But also with Apple pushing

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<v Speaker 6>into the NFC space, which could be very damaging for

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<v Speaker 6>lovers of crypto and NFTs, those are the two safeest stocks.

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<v Speaker 6>But but they're falling because of global fear. Like if

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<v Speaker 6>you look right now, there are not too many bright spots.

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<v Speaker 6>Oilists come down, Commodity prices have come down, inflation is up,

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<v Speaker 6>Utility has not hit the peak what it should yet

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<v Speaker 6>for a reversal. So I'm looking for like forty on

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<v Speaker 6>the victor, maybe forty five before we start to buy

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

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<v Speaker 6>And even though we have all the data around it,

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<v Speaker 6>and no matter how many times I can tell you, hey,

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<v Speaker 6>listen to money Master the game. Re money Master the game.

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<v Speaker 6>When you're in the thick of the fire, it is

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<v Speaker 6>not fun. The only salvation that you have right now

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<v Speaker 6>as an investor is to be able to trade short term,

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<v Speaker 6>to be able to provide games, and if your business owner,

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<v Speaker 6>to put your foot on the gas in terms of

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<v Speaker 6>marketing and growing your business. But in the overall market,

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<v Speaker 6>it's really scary now, Like I said before, it's only

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<v Speaker 6>maybe thirty companies, maybe twenty in the S and P.

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<v Speaker 5>Five hundred that our worth is wait and goal, you

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<v Speaker 5>say no, go ahead.

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<v Speaker 4>Now I was gonna say, you said forty two on

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<v Speaker 4>the Vics.

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<v Speaker 6>Yeah, okay, okay, Yeah, gotcha, forty two, forty five of

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<v Speaker 6>where we start to turning around and truth, and I've

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<v Speaker 6>been saying it for maybe a year and a half,

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<v Speaker 6>we have to have publicly traded companies that innovate a

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<v Speaker 6>lot better and a lot faster and actually create more

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<v Speaker 6>value in the marketplace. One of the things I talked

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<v Speaker 6>about with the good folks over matter needing with will.

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<v Speaker 6>So as a result, this is going to be a

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<v Speaker 6>changing of the guard where we actually have to produce

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<v Speaker 6>better returns, better products, better services that are better internationally

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<v Speaker 6>as well, and not just get endless rounds of funding.

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<v Speaker 6>And the companies that will do that over the next

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<v Speaker 6>five years will dominate the next fifty years. But right now,

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<v Speaker 6>this is the part of the roller coaster that's not

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<v Speaker 6>fun to be gone.

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<v Speaker 2>Forty two.

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<v Speaker 4>That means there's some pain on the way.

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

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<v Speaker 3>bring our guests on, is okay why should crypto enthusiasts

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<v Speaker 3>and NFT lovers be worried about apples potential playing and

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<v Speaker 3>take over the market? And what is what is Apple

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<v Speaker 3>planning on doing?

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<v Speaker 6>So? I know everyone always like yo, your Apple enthusiasts,

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<v Speaker 6>you always caping for apps. Let me give you an

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<v Speaker 6>alternative perspective on the not so good side. So Apple

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<v Speaker 6>is going to allow developers to sell NFTs in the

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<v Speaker 6>gaming platform and an app. So hypothetically, what if they

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<v Speaker 6>put an Ethereum wallet in every mobile game?

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<v Speaker 5>There's a billion users on the platform.

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

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<v Speaker 4>seats are digital, tipping is a breeze, and you're out

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<v Speaker 4>This episode is brought to you by P and C Bank.

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<v Speaker 5>What will happen.

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<v Speaker 6>As a result, you had now have another major institution

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<v Speaker 6>that is eating up the lion's share of that crypto

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<v Speaker 6>space in tandem with JP Morgan owning a lion's share

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

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<v Speaker 6>to say hey, I told you so. But anytime we

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<v Speaker 6>say hey, this is the greatest thing on earth and

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<v Speaker 6>this is for the people, the institutions are going to

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<v Speaker 6>find a way to say, hey, let me get a

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<v Speaker 6>piece of that thing.

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<v Speaker 4>So now I was an add to what you're saying

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<v Speaker 4>with one hundred percent, right, I think most people will

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<v Speaker 4>look at it and most of the headlines will say, well,

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<v Speaker 4>people are going to have to pay that thirty percent

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<v Speaker 4>cut that Apple's going to pay for anybody that sells

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<v Speaker 4>inside the app. And short term it sounds like, oh,

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

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<v Speaker 4>when you that piece that you said, one billion users

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<v Speaker 4>users to the space, that thirty percent almost becomes like,

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<v Speaker 4>all right, that's just the cost to do business, right,

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

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<v Speaker 4>obviously it's still very new, like twelve years in, but

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<v Speaker 4>there's still people who don't know all the effects or

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<v Speaker 4>how to use it or what is even meant for

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<v Speaker 4>if you get people on the iPhone. You got one

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<v Speaker 4>billion users now in that space that can purchase that.

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<v Speaker 4>The other part actively do it. But the interesting part

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

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

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<v Speaker 4>You can convert that after right, you can do it,

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<v Speaker 4>convert it to bitcoin or Ethereum, Masona or anyone that

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<v Speaker 4>you want to. But you can buy the US dollars,

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<v Speaker 4>which makes the use case even more attractive. Right now,

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<v Speaker 4>I don't have to figure out, wait, I got to

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<v Speaker 4>buy this and get this and put this in my

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<v Speaker 4>wallet to purchase it. No, I could just use my

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<v Speaker 4>US dollars to purchase it. The use case and the

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<v Speaker 4>user case there. It makes it a lot more easier,

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<v Speaker 4>which makes more people even intrigued to get in.

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<v Speaker 2>So I mean it would be beneficial for Apples, for NFTs.

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<v Speaker 4>Yeah, for NFTs too, but some of those companies that

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<v Speaker 4>are relying on those spees.

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<v Speaker 6>I mean, but but if it's supposed to be decentralized,

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<v Speaker 6>like even after they get to merge. Now it's six

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<v Speaker 6>exchanges that have what sixty five percent of the distribution. Now,

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<v Speaker 6>Apple also has a great relationship with the government, and

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<v Speaker 6>wait till the regulations come. Now, during times of disaster,

0:10:40.280 --> 0:10:43.240
<v Speaker 6>prayers are gonna the surf love you and praying for you.

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<v Speaker 6>During times of disaster and economic calamity, more charges come.

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<v Speaker 6>So now in two or three years, they're going to

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<v Speaker 6>push heavier crypto regulation and you're going to start to

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<v Speaker 6>see a lot of talk about government. I mean from

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<v Speaker 6>our government. Is crypto an issue of national security? And

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<v Speaker 6>if they waved the flag for Apple and say hey,

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<v Speaker 6>you're going to be our measure of safety and everything

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<v Speaker 6>is done through you. Now you have JP Morgan, Apple

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<v Speaker 6>in the United States government eating up majority of the

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<v Speaker 6>crypto And guess what if the games are not coming

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<v Speaker 6>from iPhone fourteen when Steve jobs dart To say it's

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<v Speaker 6>no better than thirteen, you don't think they won't run

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<v Speaker 6>to their crypto market and get it there.

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<v Speaker 5>Tough man. I know everyone said last year I didn't know,

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<v Speaker 5>and then here we are.

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<v Speaker 6>JP Morgan might go ahead Apple US government military game

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<v Speaker 6>set match.

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<v Speaker 2>So but but it is beneficial though for.

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<v Speaker 6>Apple there's no different than Universal owing all the masters

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<v Speaker 6>to and back when Leo was a deaf jam and

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<v Speaker 6>it was yeah, it was beneficial for murder Aim to

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<v Speaker 6>have a label deal and Leor ended up with everything

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<v Speaker 6>went to three hundred and YouTube.

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<v Speaker 2>Well, I think it's like.

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<v Speaker 3>It's kind of like when Crypto, when Fidelity's starting to

0:11:55.720 --> 0:12:00.520
<v Speaker 3>let Crypto and fall one k's and different it's official

0:12:00.559 --> 0:12:05.240
<v Speaker 3>to Crypto because more it's more exposure. Is it legitimizes

0:12:05.320 --> 0:12:09.000
<v Speaker 3>the space even more and it means that it's even

0:12:09.080 --> 0:12:11.320
<v Speaker 3>more of a case why it's here to stay, but.

0:12:11.440 --> 0:12:16.240
<v Speaker 6>It's more Okay, So imagine if let's make up a

0:12:16.320 --> 0:12:21.560
<v Speaker 6>network ABC network, well it's the actual ABC. XYZ network

0:12:21.600 --> 0:12:23.600
<v Speaker 6>came to us and said, hey, we want sixty five

0:12:23.679 --> 0:12:26.960
<v Speaker 6>percent of everything that you do content wise, but we'll

0:12:27.000 --> 0:12:28.679
<v Speaker 6>give you legitimacy. We will we take that deal. I

0:12:28.720 --> 0:12:32.160
<v Speaker 6>would say, no, it's the same thing. So now if

0:12:32.200 --> 0:12:35.480
<v Speaker 6>we have seven major players, and it may of course

0:12:35.960 --> 0:12:38.760
<v Speaker 6>give legitimacy to it, and it may make the overall

0:12:38.960 --> 0:12:42.360
<v Speaker 6>market cap larger, but there is not decentralized and not

0:12:42.480 --> 0:12:44.360
<v Speaker 6>for the people, and it's not a too little liberation.

0:12:45.040 --> 0:12:48.760
<v Speaker 3>I think the idea of decentralized is a part in

0:12:48.800 --> 0:12:51.319
<v Speaker 3>this guy the wealthy control every last year.

0:12:51.440 --> 0:12:52.959
<v Speaker 5>No one was saying that though, does that mean I

0:12:53.000 --> 0:12:53.640
<v Speaker 5>was getting killed?

0:12:53.960 --> 0:12:54.080
<v Speaker 1>Who?

0:12:55.320 --> 0:12:58.079
<v Speaker 3>The wealthy always control everything last year. They controlled the

0:12:58.200 --> 0:13:01.720
<v Speaker 3>NFT market last year. So you know, it's never going

0:13:01.800 --> 0:13:05.439
<v Speaker 3>to be a situation where it's the great equalizer and

0:13:05.520 --> 0:13:09.000
<v Speaker 3>it's the poor man's weight of wealth. Like, once people

0:13:09.080 --> 0:13:12.480
<v Speaker 3>see that this is a viable option, you know, the

0:13:12.640 --> 0:13:15.840
<v Speaker 3>rich are going to control it. Powerful institutions, banks, hedge funds,

0:13:16.320 --> 0:13:19.240
<v Speaker 3>they're going to control it. They controlled it last year,

0:13:20.640 --> 0:13:21.760
<v Speaker 3>They controlling it this year.

0:13:23.000 --> 0:13:29.720
<v Speaker 7>Yes, my graduates from my school being forced back drop

0:13:30.400 --> 0:13:34.360
<v Speaker 7>bag drop mic drop backdrop drop.

0:13:44.679 --> 0:13:47.240
<v Speaker 2>Behind the delivery trucks that keep your life stocked.

0:13:47.400 --> 0:13:50.240
<v Speaker 1>Thousands of employees at BP go to work every day.

0:13:50.520 --> 0:13:54.080
<v Speaker 6>People bringing a new offshore production platform online, people making

0:13:54.160 --> 0:13:57.840
<v Speaker 6>our refineries capable of more, like making renewable diesel from

0:13:57.880 --> 0:13:59.040
<v Speaker 6>agricultural waste.

0:13:59.240 --> 0:14:02.360
<v Speaker 4>People trading in shipping fuels to our customers, and people

0:14:02.600 --> 0:14:06.240
<v Speaker 4>helping truckers fill up and get maintenance at our convenient locations.

0:14:06.400 --> 0:14:09.640
<v Speaker 4>They're part of almost three hundred thousand jobs VP supports

0:14:09.720 --> 0:14:10.720
<v Speaker 4>across the country.

0:14:11.040 --> 0:14:14.280
<v Speaker 2>Learn more at VP dot com. Slash Investing in America