1 00:00:00,120 --> 00:00:04,040 Speaker 1: Let's talk about crypto currency. 2 00:00:04,200 --> 00:00:07,520 Speaker 2: Not as do put slow cook equals. 3 00:00:09,240 --> 00:00:10,879 Speaker 3: You're doing too much, my boy, But I appreciate you 4 00:00:10,960 --> 00:00:13,280 Speaker 3: think that's the best crazy. 5 00:00:13,360 --> 00:00:17,680 Speaker 1: The best crypto related stocks. Right, if you had to 6 00:00:17,760 --> 00:00:24,720 Speaker 1: rank it from coin Base micro strategy an ibit right 7 00:00:24,840 --> 00:00:29,000 Speaker 1: strongest to weakest, and you know it's these are all 8 00:00:30,920 --> 00:00:33,480 Speaker 1: crypto related, but they're kind of unrelated in a sense 9 00:00:33,520 --> 00:00:37,600 Speaker 1: where obviously ibit is made to track the price of 10 00:00:37,680 --> 00:00:46,640 Speaker 1: bitcoin ETF micro strategy is like a big coin on steroids. Yeah, yeah, 11 00:00:46,800 --> 00:00:54,160 Speaker 1: bitcoin adjacent to have over stretched gains or losses that 12 00:00:54,320 --> 00:00:56,560 Speaker 1: mimic the size of bigcoin because it's a big cooin 13 00:00:56,640 --> 00:00:58,720 Speaker 1: treasury at this point, it's a big cooin holding company. 14 00:01:00,120 --> 00:01:03,720 Speaker 1: And then Coinbase obviously is a platform that you buy 15 00:01:03,720 --> 00:01:08,240 Speaker 1: cryptocurrency on. So they're all they're all part of the ecosystem, 16 00:01:08,720 --> 00:01:12,880 Speaker 1: but they're also all publicly traded UH investments that you 17 00:01:12,880 --> 00:01:16,000 Speaker 1: can that you can buy on the stock market if 18 00:01:16,120 --> 00:01:22,760 Speaker 1: IF or in a company to cryptocurrency holdings. So talk 19 00:01:22,800 --> 00:01:26,280 Speaker 1: about each one of those and talk about the rankings 20 00:01:26,840 --> 00:01:27,560 Speaker 1: from each one. 21 00:01:28,080 --> 00:01:31,240 Speaker 3: If all things were fair, my list would be in 22 00:01:31,240 --> 00:01:35,800 Speaker 3: a different order. But when you're doing a swat analysis, 23 00:01:36,760 --> 00:01:41,280 Speaker 3: the threat is until Michael Saylor it's clear of the 24 00:01:41,319 --> 00:01:46,440 Speaker 3: attack that he's under, I have to put them last. Ordinarily, 25 00:01:46,480 --> 00:01:48,760 Speaker 3: in a normal market, if he's not being attacked, I 26 00:01:48,880 --> 00:01:52,160 Speaker 3: probably would put him first, So Michael Strategy would be last. 27 00:01:52,640 --> 00:01:56,880 Speaker 3: My bid is through I shares. I like I shares 28 00:01:57,080 --> 00:01:59,720 Speaker 3: shot to y'all. But they're not Vanguard, they're not black Rock, 29 00:01:59,760 --> 00:02:06,520 Speaker 3: they're not in Vesco, so they would be second, and 30 00:02:06,560 --> 00:02:12,800 Speaker 3: then Coinbase because will be first because the CEO is great, 31 00:02:14,600 --> 00:02:17,400 Speaker 3: But I'm looking at risk. I don't think the risk 32 00:02:17,480 --> 00:02:21,560 Speaker 3: is as great there. Coinbase has had a very interesting year, 33 00:02:21,639 --> 00:02:27,800 Speaker 3: to say the least. Last year they hit that high 34 00:02:27,800 --> 00:02:30,040 Speaker 3: of oh last quarter excuse me for forty four. They're 35 00:02:30,040 --> 00:02:33,440 Speaker 3: currently are two fifty forty two. I think all the 36 00:02:33,600 --> 00:02:35,360 Speaker 3: entire sector is going to have a little bit of 37 00:02:35,360 --> 00:02:38,239 Speaker 3: an issue. But when I look at the risk, the 38 00:02:38,360 --> 00:02:41,760 Speaker 3: risk tolerance is too high for micro Strategy. If they 39 00:02:41,760 --> 00:02:44,519 Speaker 3: didn't have that threat on the table, micro Strategy will 40 00:02:44,560 --> 00:02:50,720 Speaker 3: be first, but Coinbase I bit second, in micro Strategy 41 00:02:50,760 --> 00:02:53,680 Speaker 3: third for the time being until that threat is going away. 42 00:02:53,680 --> 00:02:56,799 Speaker 2: As my lineup, I agree with one, I disagree with two. 43 00:02:57,080 --> 00:02:58,840 Speaker 1: Well, let me just say something. I think that I 44 00:02:58,960 --> 00:03:04,240 Speaker 1: bit should be number one respectfully of course back by 45 00:03:04,280 --> 00:03:07,880 Speaker 1: black Rock, the largest asset manager in the history of 46 00:03:07,960 --> 00:03:12,880 Speaker 1: human civilization. So the strongest they got, the strongest backing possible. 47 00:03:13,760 --> 00:03:17,320 Speaker 1: And if you really believe in bitcoin, I think you 48 00:03:17,400 --> 00:03:21,040 Speaker 1: gotta invest in bitcoin. I like coin Base, but coin 49 00:03:21,080 --> 00:03:26,200 Speaker 1: Base is a platform, and like any platform platform, yeah, 50 00:03:26,240 --> 00:03:29,640 Speaker 1: it's the broken's platform and it has it can go 51 00:03:29,720 --> 00:03:33,440 Speaker 1: up and down. It has more variables involved, where the 52 00:03:33,520 --> 00:03:37,880 Speaker 1: iebid is just a one for one. As Bitcoin goes up, 53 00:03:37,960 --> 00:03:43,200 Speaker 1: ibig goes up as Bitcoin goes down. Theoretically Bitcoin can 54 00:03:43,200 --> 00:03:45,840 Speaker 1: go up and coin Base can go down. Right, they 55 00:03:45,880 --> 00:03:48,840 Speaker 1: miss their numbers, they have some bad quarters whatever like that. 56 00:03:49,320 --> 00:03:52,000 Speaker 1: There they are related to bitcoin, but Bitcoin can have 57 00:03:52,040 --> 00:03:56,560 Speaker 1: a blowout yet and theoretically it doesn't necessarily correlate with 58 00:03:56,640 --> 00:03:58,960 Speaker 1: the same as. 59 00:04:00,240 --> 00:04:05,040 Speaker 3: Are we talking, Chris, cryptocurrency in general or bitcoin exposure ownly? 60 00:04:05,040 --> 00:04:08,920 Speaker 3: Because I thought we would lead it with cryptocurrency. 61 00:04:08,160 --> 00:04:13,320 Speaker 1: Exposure, Well, well, what's the best crypto stock? But bitcoin 62 00:04:13,440 --> 00:04:16,040 Speaker 1: is Bitcoin is the is band aid I was. I 63 00:04:16,120 --> 00:04:18,680 Speaker 1: don't really believe in any crypto outside of Bitcoin, to 64 00:04:18,720 --> 00:04:22,400 Speaker 1: be completely honest with you about it, etherory ethereum for sure, 65 00:04:22,640 --> 00:04:24,680 Speaker 1: x R P. I've shared my thoughts on x RP 66 00:04:24,800 --> 00:04:27,960 Speaker 1: for a very long period of time. Solana still still 67 00:04:28,040 --> 00:04:30,680 Speaker 1: have to be proven. So I don't. I don't. I wouldn't. 68 00:04:31,279 --> 00:04:33,680 Speaker 1: I would not put my life on the line for 69 00:04:33,760 --> 00:04:37,240 Speaker 1: any cryptocurrency in the world other things. 70 00:04:38,400 --> 00:04:39,240 Speaker 3: Does that change? 71 00:04:39,760 --> 00:04:49,800 Speaker 4: Uh? Okay, I got you, No, aead, I'm gonna agree 72 00:04:49,800 --> 00:04:51,240 Speaker 4: with him. I'm going with Shotty on this one. I 73 00:04:51,240 --> 00:04:53,680 Speaker 4: think we're seeing this the same way. Uh. 74 00:04:53,800 --> 00:04:56,560 Speaker 2: And that's why I said I agree with one of them, 75 00:04:56,560 --> 00:04:59,159 Speaker 2: which is I believe that Michael Strategy would be thirdy 76 00:04:59,160 --> 00:05:01,640 Speaker 2: in this. Yeah, for some of the reasons that he 77 00:05:01,760 --> 00:05:05,799 Speaker 2: just alluded to. When you're talking about IBID, you're talking 78 00:05:05,800 --> 00:05:08,240 Speaker 2: about and a lot of people think, I find investing 79 00:05:08,279 --> 00:05:11,000 Speaker 2: ibid I invest in in bitcoin. 80 00:05:11,600 --> 00:05:12,440 Speaker 4: Not really right. 81 00:05:12,480 --> 00:05:15,440 Speaker 2: You're investing in a fund and a trust that owns bitcoin, 82 00:05:15,560 --> 00:05:18,160 Speaker 2: and so that's direct access to it. But like, there's 83 00:05:18,160 --> 00:05:20,560 Speaker 2: no balance sheets on this right, This isn't There's not 84 00:05:20,920 --> 00:05:24,320 Speaker 2: as many leverages that you got hurdles you got to 85 00:05:24,320 --> 00:05:26,760 Speaker 2: get over. When you're talking about Coinbase, you're talking about, 86 00:05:26,800 --> 00:05:30,240 Speaker 2: like you said, a brokerage. But they don't make their 87 00:05:30,240 --> 00:05:32,600 Speaker 2: money from just housing those things. They make their money 88 00:05:32,640 --> 00:05:36,640 Speaker 2: from the transaction fees and subscription fees, and that can 89 00:05:36,680 --> 00:05:39,160 Speaker 2: be something that is cyclical and we've seen that as 90 00:05:39,200 --> 00:05:42,120 Speaker 2: we've seen it during the pandemic rise and we've seen 91 00:05:42,160 --> 00:05:44,560 Speaker 2: it pull back to where it's at today. So that's 92 00:05:44,560 --> 00:05:46,120 Speaker 2: why I would have them number two. IBID would be 93 00:05:46,200 --> 00:05:48,280 Speaker 2: number one, and then micro strategy for all the reasons 94 00:05:48,320 --> 00:05:49,960 Speaker 2: that we've talked about for the past month or so 95 00:05:50,400 --> 00:05:53,600 Speaker 2: would be third in this. So I'm going IBIT. I 96 00:05:53,600 --> 00:05:58,320 Speaker 2: don't think you're doing the same IBID coinbase MicroStrategy