Speaker 1: The Coin Bureau podcast is a production of My Heart Radio.
Speaker 1: I think it's really important for people to remember that
Speaker 1: the really important things in life are things like you know,
Speaker 1: our family, our friends. You know, crypto is amazing, but
Speaker 1: it should it should never come before your family, before
Speaker 1: your friends, before taking you know, the things that are
Speaker 1: really important. Welcome to the Point Breo podcast. Everyone. My
Speaker 1: name is Guy and I am joined as ever by
Speaker 1: my faithful, long serving and long suffering friend, Mad Mike Mooch.
Speaker 1: We are again recording remotely me from Dubai once more.
Speaker 1: I'm I'm in London, Old gray London and you're in
Speaker 1: in sunny Dubai. That's how you say of it. That's
Speaker 1: how Terry Terry Tips said it. And that's how I
Speaker 1: like to say. Did you blay Terry Terry Tip what
Speaker 1: he was talking about? Um, you've had a busy week.
Speaker 1: I have had a busy week, Yeah, I have. I was.
Speaker 1: I had a busy weekend. Actually I was. I went
Speaker 1: to a I went to an event, a Binance event
Speaker 1: at the Birch as well, sort of looking onto the Burge.
Speaker 1: And it was to celebrate Binance launching a regulated exchange
Speaker 1: in and UM and it was. Yeah, it was. It
Speaker 1: was pretty cool. There was a big old light show.
Speaker 1: There was a swanky sort of meet and greet with
Speaker 1: lots of important people there and well and some unimportant
Speaker 1: people there as well, like myself, And it was it
Speaker 1: was great. Met lots of interesting people and highlight of
Speaker 1: the evening I got to not only meet but also
Speaker 1: chat with c Z, the CEO of Finance or or
Speaker 1: I think c Z as he's referred to in the unit,
Speaker 1: none of this C pronunciation. Yeah, and yeah, obviously c
Speaker 1: Z is Finance CEO, one of the most well known,
Speaker 1: recognizable and let's let's not mince words, richest people in crypto.
Speaker 1: And yeah, and then some and I have to say
Speaker 1: he was lovely. He was a very nice chat very unassuming,
Speaker 1: very modest, very down to earth. You know, there was
Speaker 1: no there was no kind of a big dick billionaire
Speaker 1: energy sort of coming off him. He just yeah, he
Speaker 1: just seemed like a guy on a mission who was
Speaker 1: very much enjoying himself. I think, yeah, wonderful. So yeah,
Speaker 1: it was, it was really cool and I got to Yeah,
Speaker 1: I sort of chatted with him a bit about Dubai
Speaker 1: and about Binance obviously, and I also got to ask
Speaker 1: him a bit about what it was like being him,
Speaker 1: because this is something that's always, you know, I've always
Speaker 1: wondered because I often think like being the CEO of
Speaker 1: a crypto exchange must be one of the most like,
Speaker 1: on the one hand, rewarding jobs in kind of every
Speaker 1: sense of the word, and in the on the other hand,
Speaker 1: stressful jobs of all time because there's just you know,
Speaker 1: constantly stuff happening, stuff you having to deal with stuff.
Speaker 1: And it's one of these things, isn't it. Like the bigger,
Speaker 1: you know, the bigger the organization gets, the more the
Speaker 1: more eyes, the more scrutiny. Yeah, and just the more
Speaker 1: things to deal with, the more people wanting stuff, you know,
Speaker 1: and it's um so, but I mean again, you know,
Speaker 1: he seemed c Z seemed very sort of calm. He didn't,
Speaker 1: you know, he didn't didn't seem like someone um who
Speaker 1: was you know, sort of meeting dozens and dozens of
Speaker 1: people a day and having to keep so many plates
Speaker 1: spinning or balls in the air or whatever metaphor you
Speaker 1: want to use. And yeah, it was great, and I mean,
Speaker 1: he he had some interesting insights. He said, he's basically
Speaker 1: he basically now practice sort of five minute meetings, which
Speaker 1: was pretty good, you know, none of this sort of preamble,
Speaker 1: let's just get it done, five minutes, right out the door,
Speaker 1: off we go, next thing. Um. And he did reassure
Speaker 1: me that he manages to chill as well, you know,
Speaker 1: get some get some sort of time off. He's a billionaire,
Speaker 1: of course he's of course he's manages the chill. Well, yeah,
Speaker 1: you say that, but I mean again, I think he
Speaker 1: doesn't have to come home and do the laundry, do
Speaker 1: you know what I mean? He doesn't have to come
Speaker 1: home and go, what am I going to cook? Oh? Yeah,
Speaker 1: my cook will do that. I'm a billionaire. Um. And
Speaker 1: he's just he's reduced all his meetings down to five minutes.
Speaker 1: So it's kind of like I'm assuming that's in his
Speaker 1: personal wife as well. So it's like, speak to his wife,
Speaker 1: you've got five minutes. Five minutes just cuts her off, right,
Speaker 1: that's it? Yeah, well, you're right, but I mean I
Speaker 1: often think like that, the richer someone gets, the more
Speaker 1: the more demands there are on their time. Surely, you know,
Speaker 1: and I'm being silly obviously, but but no, I he yeah,
Speaker 1: I think he I think you're right though, because at
Speaker 1: some point you go hang on a sec I'm a billionaire.
Speaker 1: I don't have to do I'm no, I'm going to
Speaker 1: the beach or I'm taking the private buying a beach.
Speaker 1: I'm gonna I'm gonna go and build a space rocket
Speaker 1: for a little bit um, have you. That's why I
Speaker 1: want to know how does he fritter his money? Because
Speaker 1: how people spend their disposable income and and and you know,
Speaker 1: waste it to to degree, there's always an indication of
Speaker 1: the type of human being that they aren't, you know
Speaker 1: what I mean? And I want to know what does
Speaker 1: he do with you know, like, how does he enjoy
Speaker 1: spending money? Or how does he what? What? What is
Speaker 1: his outlook for it? Is he got you know? Does
Speaker 1: he like to gamble? Is he like like does he
Speaker 1: collect handbags? Is he a warhammer enthusiastic? I want to
Speaker 1: know these things. And I don't think you ask those questions.
Speaker 1: I didn't ask those questions. I didn't feel it was
Speaker 1: the time of place to ask him if he was
Speaker 1: a gambler or a collector of handbags. But do you
Speaker 1: know what You're right? What are your ultramarine collections? Like
Speaker 1: in Warhammer three thousand or whatever, we do you know
Speaker 1: what like the worried, the worrying, That sort of situation
Speaker 1: is that you ask someone a question like that, you know,
Speaker 1: kind of tongue in cheek, and it then turns out
Speaker 1: they're a massive Warhammer fan or something, and you get
Speaker 1: stuck in the discussion. And I mean, I know I
Speaker 1: know nothing about Warhammer. Do you know what my next
Speaker 1: time I get the opportunity to speak to someone like that,
Speaker 1: you know, to speak to someone at that kind of
Speaker 1: level of wealth, which I hope I will. I will,
Speaker 1: I will try and I will try and ask that
Speaker 1: question in a in a slightly more nuanced way. You know,
Speaker 1: how do you? How do you? Or what you could
Speaker 1: do is just put them on the spot and just say, hey,
Speaker 1: look I need a million dollars. I've got a very
Speaker 1: very sick puppy and this he needs an operation that's
Speaker 1: it's going to cost a million dollars? Can I can
Speaker 1: I borrow that off you? In front of everyone who's
Speaker 1: going to have like be like yeah, cool or no,
Speaker 1: just just make This is why people don't ask me
Speaker 1: to interview them. I think this is why you get
Speaker 1: interviews with ces and I'm interviewing you basically, you've got
Speaker 1: the You've just got the scraps from Caesar to table.
Speaker 1: I don't get interview Caesar, but I did get to
Speaker 1: speak the guy who has spoken to so I can
Speaker 1: get it a second hand. Um. Yeah, yeah, no. But
Speaker 1: perhaps you're just perhaps you're just too direct for your
Speaker 1: own good Mike. You need nuances, you need to be
Speaker 1: able to know they can't handle the scrutiny of my
Speaker 1: of views. I asked the tough questions. You're the sort
Speaker 1: of Jeremy Paxman of the space that's grand inquisitor um. Anyhow,
Speaker 1: I was I was very conscious at the end of
Speaker 1: last week's episode, Mikey, that I'd kind of bummed you
Speaker 1: out a little bit with all my sort of talk
Speaker 1: about post merge problems for Ethereum and the crypto market
Speaker 1: in general and just the world in general. You were
Speaker 1: I I felt by the end that I managed to
Speaker 1: bleed a lot of the enthusiasm out of you. Well,
Speaker 1: I've forgotten about it until you just brought it up
Speaker 1: right now, So thanks again for bringing that darkness back
Speaker 1: into my psyche. I'm just I'm relying on your goldfish
Speaker 1: leg attentions man gotten in about five minutes time. Was
Speaker 1: that my my, my, my acute a d h D.
Speaker 1: What are you going to cheer me up with this week?
Speaker 1: What we got? What we're talking about? Well, I we'd
Speaker 1: I thought we'd take a little bit of a different
Speaker 1: direction this week. Um, there is a Now, as as
Speaker 1: I've said many times before, and I'm sure you're aware
Speaker 1: as well, crypto Twitter is kind of is, you know,
Speaker 1: is the big sort of meeting spot, towns Square or
Speaker 1: whatever they call it for the crypto industry. And you
Speaker 1: know this, it's it's kind of central to I guess
Speaker 1: the agenda of the crypto industry in a way. You know,
Speaker 1: if you want to if you want to have an
Speaker 1: idea of what's going on in crypto, you need to
Speaker 1: be on crypto Twitter. Okay. Now, the problem is that
Speaker 1: there's kind of there's a there's a few problems with this. Basically. One,
Speaker 1: crypto Twitter is like a lot of other places of Twitter,
Speaker 1: it's uh, you know, it can be an absolute cess
Speaker 1: pool sometimes people going out of their way to be
Speaker 1: their very worst selves. So there is that, So there
Speaker 1: is you know, that kind of downside to it. Although
Speaker 1: it has to be said, there are lots of very
Speaker 1: cool and you know, very smart, very opinionated people there,
Speaker 1: but sometimes it does descend into a bit of a uh,
Speaker 1: you know it all gets modest, Yeah, exactly. Yeah. And
Speaker 1: of course Twitter itself, the app, I don't know. I
Speaker 1: don't know if you find this in comedy Twitter or
Speaker 1: whatever other sort of incarnations of Twitter that you're on. Um,
Speaker 1: but the app itself is so full of bots and
Speaker 1: spam at the moment that it can be it can
Speaker 1: be almost unusable at times. I think this may be
Speaker 1: a problem that's particularly acute to crypto. But I mean,
Speaker 1: how do you find using Twitter these days? Um? Well,
Speaker 1: I I no one, No one engages with me. It's
Speaker 1: just like shouting into an empty room. Really, But I
Speaker 1: think no, I think I think you're on on on
Speaker 1: on on accounts such as yours, where there are people
Speaker 1: who are looking to it all the time for you know,
Speaker 1: for for update and news and stuff like that. You
Speaker 1: are going to be targeted by the bots, which are
Speaker 1: definitely only five and after Twitter and definitely not not
Speaker 1: more than than that. Then then yeah, you're gonna you're
Speaker 1: gonna get get stuff like that all the time. And
Speaker 1: I suppose it's it's it's a testament to your success.
Speaker 1: Really if you don't have a lot of bots after
Speaker 1: you know, what is a crap about what you say?
Speaker 1: That's that is the price of success. You can either
Speaker 1: be you can either be ignored or you can just
Speaker 1: be botted and spammed into into oblivion. That there there
Speaker 1: is no middle ground. Yeah, um, you know, it's you're
Speaker 1: you're you're right in in a lot of ways day,
Speaker 1: you know. And and obviously it's anyone with anyone with
Speaker 1: a sort of largest following on on Twitter, I think
Speaker 1: probably experiences this in one way or another. But yeah,
Speaker 1: crypto Twitter, I think is is can be particularly bad
Speaker 1: from a sort of botting and spamming point of view,
Speaker 1: obviously because of the associateations that the crypto industry has.
Speaker 1: How I was going to ask you about I was
Speaker 1: going to talk about the pound as well, but I
Speaker 1: think I think we just better not go there, head
Speaker 1: we It's just it's just we don't want to start
Speaker 1: depressing ourselves again. But yes, so anyhow crypto Twitter. Now,
Speaker 1: I follow obviously a lot of people on crypto Twitter,
Speaker 1: a lot a lot of different accounts, but one of
Speaker 1: my absolute favorites and one that I think one of
Speaker 1: the few that I religiously look at every day is
Speaker 1: one called coin fesshions um and it is, according to
Speaker 1: its own bio, anonymous crypto confessions. And it's curated by
Speaker 1: another account called illustrate Alpha, which is kind of trading
Speaker 1: more of a kind of trading focused account. UM. So
Speaker 1: for anyone interested at coin fessions is the handle of
Speaker 1: this particular channel. Now it does very much what it
Speaker 1: says on the tin anonymous crypto confessions. So this is
Speaker 1: a place where people go and you know, they can
Speaker 1: they confess, they talk about things, um that they talk
Speaker 1: about their experiences in crypto that they wouldn't normally, you know,
Speaker 1: they wouldn't share with the wider world. Um. And obviously,
Speaker 1: as I say, they're anonymous as well, it's you might
Speaker 1: be I don't know, you might be familiar. I think
Speaker 1: there's a there's a sort of more mainstream one on
Speaker 1: Twitter called the First Hole. Yeah, yes, yes, there's a
Speaker 1: there's a few like that. There's there's First Hole. But yeah,
Speaker 1: over two coin fashions. There's loads of these on the
Speaker 1: on on the Internet, and some of them are hilarious.
Speaker 1: I always wonder about the validity and the the you know,
Speaker 1: the origin of these is it's one guy making these up.
Speaker 1: Some of them are so detailed and it's so so
Speaker 1: so niche that the kind of thing maybe maybe they
Speaker 1: are maybe they are real. Yeah, yeah, it's it's an
Speaker 1: interesting point because yeah, like I say, I I check
Speaker 1: this account every day and obviously it pops up in
Speaker 1: my feed all the time. But yeah, you do sometimes
Speaker 1: think like that, can that really be true? Or is
Speaker 1: that you know, is that someone is that somewhat sort
Speaker 1: of just kind of saying what they think and all
Speaker 1: this sort of stuff. But yeah, yeah, it's it's it's people,
Speaker 1: It's it's why it's certainly moderated coin fessions. I think
Speaker 1: probably things like fest hole and stuff are as well.
Speaker 1: But yeah, I think the moderators of coin fessions seem
Speaker 1: to have I think a pretty good eye for you know,
Speaker 1: for for the for the fake stuff as well. But
Speaker 1: that said, you know, I think we have to treat
Speaker 1: everything that that we see on it with a with
Speaker 1: a pinch of salt, if not more. But do you
Speaker 1: know what, it's something that the reason I like it,
Speaker 1: there are kind of a few reasons why I like it.
Speaker 1: I mean, sometimes it's just outright funny. I have to
Speaker 1: be honest with you. Sometimes it's just outright bleak as well.
Speaker 1: Some of them are really you know, a bit a
Speaker 1: bit distressing. But it's I find it a really kind
Speaker 1: of helpful dose of reality sometimes, um, because I'm I
Speaker 1: think I'm like most people in that when you know,
Speaker 1: when you get stuck on Twitter and you just find
Speaker 1: that time has evaporated and you've been on there an
Speaker 1: hour or something and you only went on to check
Speaker 1: and your sudden you suddenly just immersed yourself far too
Speaker 1: much in this world. And I I find coin fessions
Speaker 1: can sort of help drag you out of it sometimes,
Speaker 1: and especially when you know it's perhaps most pertinent when
Speaker 1: it is it is your knar can to to the
Speaker 1: Twitter fent and all world. Yeah, exactly exactly. Um. So
Speaker 1: I do find it a good sort of dose of reality.
Speaker 1: It's it's particularly good when you know, when markets are pumping,
Speaker 1: when everyone's you know, when there's too much kind of
Speaker 1: irrational exuberance around, um, and everyone's kind of losing their
Speaker 1: mind a little bit. The coin fessions is good for
Speaker 1: kind of dragging you back to earth. But anyhow, like
Speaker 1: I've been kind of. I was scrolling through it because
Speaker 1: I thought we we could touch on some today, and
Speaker 1: I thought, actually, some of these are I think there's
Speaker 1: a lot that we can learn from them. I think
Speaker 1: there's a few lessons that you can take from some
Speaker 1: of these, and you know, as well as as well
Speaker 1: as sort of a bit of comic relief in places. Um,
Speaker 1: I think, I think, yeah, we can we can definitely
Speaker 1: take some take some good els from some of these.
Speaker 1: So I thought we'd just go through a few, um
Speaker 1: and yeah, and see what see what we can learn?
Speaker 1: What do you reckon? Yeah, okay, well let's do it.
Speaker 1: I like, I like stories, and these are all little
Speaker 1: mini um captions characters, characters, stories. Yeah, that the way
Speaker 1: they do it, they do it with, they do it
Speaker 1: with a sort of Obviously, the tweet itself is limited
Speaker 1: in characters, so that tweets will generally be a little
Speaker 1: you know, a summation is this longer than I'm out,
Speaker 1: But they post them in a you know, in a
Speaker 1: picture box, are written out in so but yeah, the
Speaker 1: accompanying tweet is usually sort of a very pithy, you know,
Speaker 1: a very pithy round up off the tweet itself. Anyhow,
Speaker 1: I just sort of went back in went back in time,
Speaker 1: starting with some of the most recent and then you know,
Speaker 1: back to a few from earlier this year. UM and
Speaker 1: I thought, we just go through and and and see
Speaker 1: what see see what we can learn from them. So
Speaker 1: this this is from one day ago. My body had
Speaker 1: his entire wallet and n f T collection stolen via
Speaker 1: a fraudulent minting contract. He was super downbeat as it
Speaker 1: was a lot of money, and watched as the scamma
Speaker 1: began listing his n f T s on marketplaces. Then
Speaker 1: a creator of one of the n f T projects
Speaker 1: he brought into purchased a bunch of the lost n
Speaker 1: f T s and returned them to my friend, throwing
Speaker 1: in an additional free one for good measure. It makes
Speaker 1: me feel so much better about this space, knowing that
Speaker 1: there are good people building and trying to do the
Speaker 1: right things. That's That's a lovely story, man. Yeah, it's not.
Speaker 1: This isn't it. There's a lot to take from that though.
Speaker 1: I think there's there's there's a lot contained in that.
Speaker 1: UM And I think, firstly, yeah, it's absolutely right. There
Speaker 1: are I think I think there are the majority of
Speaker 1: people in crypto are good intentions. They are there there
Speaker 1: for the right reasons, and they want to make the
Speaker 1: world a better place. And you know, people building these
Speaker 1: n f T projects or these other crypto projects coins
Speaker 1: or tokens or whatever it is. I think the majority
Speaker 1: of them have have you know, are doing it for
Speaker 1: doing it to do good. And unfortunately the fact that
Speaker 1: there are bad actors out there tends to that obviously
Speaker 1: tends to hog the headlines. So for me, it was
Speaker 1: really nice to be reminded that there are good people
Speaker 1: out there. Yeah, I mean it's yeah, it's like the
Speaker 1: real world really, isn't it. It's just the real world.
Speaker 1: It's just a it's just a a section cross cross
Speaker 1: section of the real world. Um. And yeah, I'd like
Speaker 1: to know who that guy was, who that that an
Speaker 1: FT artist was, because I'd like to to go and
Speaker 1: support them. Things like that are lovely and it's kind
Speaker 1: of like it's like you get sort of Facebook pages
Speaker 1: like that, the Dodo and stuff, and they just they
Speaker 1: do nice things and you end up just crying into
Speaker 1: your smartphone thinking about how lovely some people are. It's
Speaker 1: like when you see those deaf kids, uh, and then
Speaker 1: they they get a hearing it for the first time,
Speaker 1: and and then they can start hearing and you see
Speaker 1: their their eyes just light up and they know it's amazing, lovely, lovely. Now.
Speaker 1: It is nice to be I think, because you look
Speaker 1: at the news so much and you just see, I
Speaker 1: don't know the news at the moment. The news all
Speaker 1: the time just seems to be people being dicks to
Speaker 1: each other in various inventive ways. And it is nice
Speaker 1: to be reminded that there are good people in the
Speaker 1: world and not everyone is not everyone is bad intentions,
Speaker 1: it's just just people, and people in the news are um. Yeah,
Speaker 1: and I think it does say it does have some
Speaker 1: pertinent stuff to say, you know, to remind us about
Speaker 1: just unfortunate really how many scams there are out there,
Speaker 1: you know, and you know these scams are getting more
Speaker 1: and more sophisticated, and even kind of experienced crypto users
Speaker 1: are and sometimes even developers are getting almost caught out.
Speaker 1: I saw I saw a really scary Twitter Twitter thread
Speaker 1: a couple of weeks ago from a developer on a
Speaker 1: crypto project, and they were basically targeted by scammers, and
Speaker 1: they laid out in this thread, except the scammers whole
Speaker 1: emm O and it was so sophisticated and so realistic.
Speaker 1: And this this guy, as he was going along, you know,
Speaker 1: just he just kind of spotted a couple of things
Speaker 1: that weren't quite right. You know. I think there was
Speaker 1: a spelling mistake in there somewhere, and there was something,
Speaker 1: you know, something, there's something about the tone of one
Speaker 1: of these people that said it was a really really
Speaker 1: sophisticated attack. And this guy was this guy said, you know,
Speaker 1: I only I only escaped it by the skin of
Speaker 1: my tea. It was just because you know, there's this
Speaker 1: couple of little errors went off and something didn't feel right.
Speaker 1: It's good to be reminded firstly that there are good
Speaker 1: people in the space who, you know, who want other
Speaker 1: people to have a good experience and who want to
Speaker 1: push back against these these scammers. And also it's it
Speaker 1: serves as a good reminder that scam scammers are unfortunately
Speaker 1: so prevalent at the moment, and the only way that
Speaker 1: we can be um, the only way that we can
Speaker 1: battle against them is by is by being wise to
Speaker 1: what they're doing. And also, you know, the good people
Speaker 1: sticking together as well. Yes, so I thought that was
Speaker 1: that was a nice one to start off with, a
Speaker 1: fairly kind of a fairly recent one. Let's go on,
Speaker 1: and now we'll see a few through lines. I think
Speaker 1: through some of these tweets as we go along, because
Speaker 1: this one from a couple of days ago, or from
Speaker 1: you know, a couple of days from when we're recording this.
Speaker 1: Uh so, this one also involves n f T s.
Speaker 1: Last year I made around one hundred thousand dollars just
Speaker 1: by copying a well known influences and f T picks.
Speaker 1: Bought my parents a new car, gave money to my brother,
Speaker 1: helped friends make money the same way, brand new stuff
Speaker 1: for myself, and made three n f T projects which
Speaker 1: I've dumped around twenty dollars into. All of them failed miserably.
Speaker 1: I have one left in my metal mask. Well, I mean,
Speaker 1: look that, like, there's a lot to be learned from failure.
Speaker 1: There's a lot to be learned from Look, he's still up.
Speaker 1: He's he made a hundred thousand dollars and then he
Speaker 1: you know, bought lovely things for himself and his family,
Speaker 1: and you know, gave his brother some money in and
Speaker 1: you know, his parents still have that car. And he's
Speaker 1: gambled again. Or or invested and taken another risk on
Speaker 1: some projects. And you know, he's not lost anything. He's
Speaker 1: up still. But and he's also got the experience of Okay, cool, Well,
Speaker 1: I've I've got burnt with with some some projects that
Speaker 1: have failed measurably. But I'm sure you've learned some lessons
Speaker 1: from well, I hope you've learned some lessons from from
Speaker 1: investing twenty thousand into into those n f T projects.
Speaker 1: And you know, maybe that maybe that you know we're
Speaker 1: in we're in a slump at the moment. Maybe if
Speaker 1: if you if you hold onto them, and I don't
Speaker 1: know what those projects are when when when the markets
Speaker 1: pick up, and if the idea was good, then then
Speaker 1: it may become good in the end, you know, you
Speaker 1: never know. Yeah, yeah, be positive about it. Gained some
Speaker 1: insights from from from your mistakes and that and then
Speaker 1: therefore don't make those mistakes again. And it's not a mistake,
Speaker 1: it's a lesson, Yeah, absolutely absolutely, And you know everyone
Speaker 1: makes mistakes, but it's it's the people who it's the
Speaker 1: people who make the same mistakes over and over are
Speaker 1: the ones, you know, they're they're the idiots out there,
Speaker 1: I think, Yeah, this guy, this guy or whoever it is,
Speaker 1: has done, has done really well. They're they're definitely still up,
Speaker 1: and I think really for them it's perhaps a question
Speaker 1: of learning to quit whilst they're ahead, which I think
Speaker 1: is something that many many people in crypto and elsewhere
Speaker 1: really struggle with. I think because going through a lot
Speaker 1: of these looking at a lot of these tweets, it's
Speaker 1: always staggering some you know, some people it's like I
Speaker 1: was up this much, or you know, I I got
Speaker 1: to this much, and they just never you know, so
Speaker 1: many people never take never get off the ride, never
Speaker 1: take profits, um never quit while they're ahead. So I
Speaker 1: think that's a that's a good lesson to learn from
Speaker 1: that sort of tweet. You know, when you're up, you're up.
Speaker 1: Don't be as as the saying goes, no one ever
Speaker 1: went broke taking profits um so. And I think as well,
Speaker 1: like there is that sense, you know, I think, but
Speaker 1: where the sense of oh that was pretty easy, you know,
Speaker 1: I'll give it a go. It's like I think you
Speaker 1: need to. I think you sometimes need to know your
Speaker 1: limitations as well, be like, Okay, I got lucky on this.
Speaker 1: This well known influencer who's n f T picks. They
Speaker 1: you know, they followed. It's like, okay, we've got to
Speaker 1: we've got to admit to ourselves that there was luck
Speaker 1: involved here, perhaps as much as anything else. Don't let's
Speaker 1: fool ourselves that we can somehow necessarily recreate that. You know, again,
Speaker 1: quit while quit while we're ahead. Yeah, I mean, but
Speaker 1: it's easier said than done. I mean, like when when
Speaker 1: you've got that that that that sort of adrenalinine Russ,
Speaker 1: You're like, oh, wicked I am. You know what, I
Speaker 1: probably should have been a trader. You know, you've made too,
Speaker 1: You've got lucky you go, you know, I'm really good
Speaker 1: at this. I probably you know what if I I
Speaker 1: just you know, watch Full Wall Street one more time
Speaker 1: and figure out what penny stocks are all about. I've
Speaker 1: got this absolutely And it's it's funny you say that,
Speaker 1: because that sort of leads on to the to the
Speaker 1: to the next tweet that I doubt. And again, this
Speaker 1: is something that comes up a lot on this channel.
Speaker 1: Quote I'm a terrible trader, just really really bad book folks.
Speaker 1: If you're if you're listening to this, that is this
Speaker 1: is probably one of the most important lessons you can
Speaker 1: learn in crypto. I think it's like, do not convince
Speaker 1: yourself that you are a good trader, because the chances
Speaker 1: are that you're not. It's um yeah, and again there
Speaker 1: are so many tweets across coin fessions. You know, it's like,
Speaker 1: realize what a bad trader I am or you know,
Speaker 1: trading I try to trade X y Z and ended
Speaker 1: up with diddlie squad, you know. Um. And it reminds
Speaker 1: me of something that's often attributed to Socrates along the
Speaker 1: lines of, you know, true wisdom only comes when you
Speaker 1: admit how little you actually know. Um. And yeah, I
Speaker 1: think I think if you can come to that realization
Speaker 1: that you probably aren't the hotshot trader that you might
Speaker 1: think you are, your life will be immeasurably better. Um.
Speaker 1: Because from what I've seen of trading, you know, it
Speaker 1: is it is so damn hard. And the good traders
Speaker 1: out there that there they aren't There aren't many of them, um,
Speaker 1: but they do exist. But you know, the really good
Speaker 1: ones out there, they have to it's their whole lives.
Speaker 1: I think, you know, they have to spend their their
Speaker 1: whole life. That's what I was gonna say. It's kind
Speaker 1: of it's it's one of these things like if you think, right,
Speaker 1: I'm going to be a trader and you see someone
Speaker 1: on Instagram telling you how it's going to be amazing
Speaker 1: you do this, and and they're living the life, and
Speaker 1: you know they're they've got they've got the flashy cars
Speaker 1: and they're out in the clubs and stuff like that,
Speaker 1: they're not a trader. Like to be really good at something,
Speaker 1: you have to do a lot of work and a
Speaker 1: lot of practice to really understand it. And if you
Speaker 1: really don't understand what a candle is and you think
Speaker 1: you're a good trader, you're you're not. And you have
Speaker 1: to like live and breathe it. And you know you
Speaker 1: may be on your on your on your exchange Apple
Speaker 1: or checking with the markets every three or four minutes,
Speaker 1: but that's also not a trader. Like someone who is
Speaker 1: a trader is they've got screens up there stressing about it.
Speaker 1: They're they're they're they're thinking about what else could be
Speaker 1: influencing the market. Their second guessing people like the mind,
Speaker 1: the hive mind, and that is it's it's impossible to
Speaker 1: do like and even if you do all of that
Speaker 1: and you are, you're living and breathing it. Something can
Speaker 1: come around out of nowhere and just completely nut make
Speaker 1: you and you're you're done. Yeah, And of course you know,
Speaker 1: no one can, No one can predict the future. There
Speaker 1: is no no amount of technical analysis or you know,
Speaker 1: any other sort of any other sort of macro analysis.
Speaker 1: You know, you can be you can read everything and
Speaker 1: make us look at as many models and charts as
Speaker 1: you like, but you won't see the thing that's you
Speaker 1: won't spot the unexpected, the bolt from the blue, because
Speaker 1: no one does. So yeah, you're absolutely right. And I
Speaker 1: think I think one of the reasons why, you know,
Speaker 1: trading has become it's such a kind of popular thing.
Speaker 1: And this isn't just this isn't just the case with
Speaker 1: crypto as well. You know there are people say trading
Speaker 1: stocks and trading currencies and all this sort of stuff,
Speaker 1: you know, fear occurrencies. I think the perception has been
Speaker 1: for a lot of people that trading is kind of, oh,
Speaker 1: an easy way to make money. It's like, oh, yeah, yeah,
Speaker 1: you know, you just buy. You just buy when it's low, right,
Speaker 1: and then when it goes up, yeah, that's when you sell.
Speaker 1: And that I can do that. I was I've got
Speaker 1: it wrong. I was doing it the other way around.
Speaker 1: Ah well okay, well you know you're you're already you're
Speaker 1: already on your way to becoming a better trader after that.
Speaker 1: See now I know now I've got the knowledge. Yeah, yeah,
Speaker 1: there's no stopping you now. But yeah, I think for
Speaker 1: a lot of people it was it kind of perceived
Speaker 1: as an easy way of making money. And yeah, it's
Speaker 1: really not like the good traders out there, they you know,
Speaker 1: they are kind of they're switched onto a twenty four seven.
Speaker 1: It's it's relentless. It's not something that I could do.
Speaker 1: It's not something I would want to do. Really, you know,
Speaker 1: it doesn't it's not nearly as fun as it sounds.
Speaker 1: I think like that, and I think even the really
Speaker 1: something but to to to them, to the ones who
Speaker 1: live and breathe it, it probably is. Yeah, that's true,
Speaker 1: do you know what I mean? So like that, like
Speaker 1: and if that's what you enjoy and you you you
Speaker 1: get the bug with it, and it's like wicked cool
Speaker 1: if you're having fun while you're doing it, if it's
Speaker 1: all encompassing, and you know, it's it's kind of like
Speaker 1: what you wake up you want to do as long
Speaker 1: as you know you're you're, you're not ruining your life
Speaker 1: by loosening everything you've got, and you're you're, you're, you're,
Speaker 1: you're doing it within your mean and and you know,
Speaker 1: making good trades and learning from bad ones. Go for it.
Speaker 1: But it's not fun to to a lot of people
Speaker 1: like looking at them. It's boring. It's I understand that
Speaker 1: if if I understood it, and I understood the game,
Speaker 1: maybe i'd be into it. But even getting to understand
Speaker 1: the game is too far out of my sort of
Speaker 1: attention span that I know, right, cool, Yeah, leave it,
Speaker 1: just copy copy someone else, yeah, or or do something
Speaker 1: that that's not trading. Yeah, it's um. I think that.
Speaker 1: I mean, there's a good rule for life, isn't there.
Speaker 1: It's that I think at some point in our lives
Speaker 1: we all come to the realization that we are cramped
Speaker 1: at something probably most things, let's face it. And I think,
Speaker 1: you know, as we both as we both hurtle towards
Speaker 1: forty years old, you know, I think that's certainly going
Speaker 1: to increase. You know, you're only going to become aware
Speaker 1: of how crap you are more and more things. And
Speaker 1: I think for me it's I find that quite liberating
Speaker 1: in a way, because it doesn't mean that you can't
Speaker 1: necessarily enjoy something. You can still be crap at it
Speaker 1: and enjoy something. But I think, I think having that
Speaker 1: realization that you are indeed crap at it, I think
Speaker 1: that's an important stage for anyone to go through. And
Speaker 1: I mean it's something that I've been self self awareness
Speaker 1: is is a really really important trait to develop, because
Speaker 1: if you if you are living your life thinking you're
Speaker 1: something you're not, it's it's just setting yourself up for failure.
Speaker 1: And people are people are aware. You may not be,
Speaker 1: but other people will be, and eventually they'll tell you
Speaker 1: if you're lucky, if you're lucky, yeah, yeah, Otherwise they'll
Speaker 1: just let you blunder on. I I came to the
Speaker 1: realization two or three years ago that I was really
Speaker 1: not very good at poker at all, you know, but
Speaker 1: I enjoy playing it and I occasionally have a bit
Speaker 1: of luck, but I'm really I'm I'm not good at
Speaker 1: the game. I don't have the skill for it. And
Speaker 1: I was thinking, you know, I wish, I wish someone
Speaker 1: had told me that, And then of course I realized
Speaker 1: that I had been told that because people were always
Speaker 1: quite willing to play poker with me, and I was like,
Speaker 1: I'll play with you, guy. We could we could play.
Speaker 1: We could play right now if you like, guy, people
Speaker 1: are telling you, you're just not listening. You're not hearing
Speaker 1: the message. It may not be telegraphed to you with
Speaker 1: you are terrible at poker, but it's like, hey, should
Speaker 1: we play for something a little bit? Should we make
Speaker 1: this a little bit more interesting? This this this week? Guy?
Speaker 1: Should we should we up the anti Yeah? Um, yeah, no,
Speaker 1: it's true, but yeah, anyhow, going back to the tweet, Yeah,
Speaker 1: I'm a terrible I'm a terrible trader, just really really bad.
Speaker 1: There is there is an instructive one for sure. And
Speaker 1: again like there are so many coins, fashion and entries
Speaker 1: like that, you know, just on the theme of how
Speaker 1: bad most people are at trading. So bear that in mind, folks,
Speaker 1: come to that real Once you come to that realization,
Speaker 1: your life will probably be better. Um. Anyway, Mike, should
Speaker 1: we take a quick break so as we can, you know, heart,
Speaker 1: just just take ownership of that new new found self
Speaker 1: awareness of our sounds good. See in a minute and
Speaker 1: we are back for part two of the Coin Bureau podcast. Guy,
Speaker 1: how is your break? It was lovely? Actually, it was lovely.
Speaker 1: I yeah, I had some. I had some delicious fizzy
Speaker 1: water and stretch my legs and I feel great. Let's
Speaker 1: get back into these tweets because I've had a little
Speaker 1: read of some of the next ones and they are
Speaker 1: a bit they're a bit more wild, to say the least. Yeah,
Speaker 1: this one's from about a week ago. Um, really short
Speaker 1: quote stink took my dad's savings and blew his retirement
Speaker 1: on a ship coin. Yeah, yeah, Jesus, that's what I
Speaker 1: I hope this one is not true because one, how
Speaker 1: did you get your dad's savings? Because that's I'm pretty
Speaker 1: sure if if he wasn't aware, that's a crime. And
Speaker 1: to on a ship coin, like if if you're this
Speaker 1: is this can't be real. I hope it's not real.
Speaker 1: If it's real, he's in real trouble. But yeah, all
Speaker 1: on one shitcoin. Come on, I mean, this is this
Speaker 1: is what ten eleven words or something, and there is
Speaker 1: just there is so much in it because yeah, like
Speaker 1: took so I mean does that mean did you did
Speaker 1: you steal them? Did your dad give you to them? Um,
Speaker 1: my dad's savings. Yeah, and and then blew his retirement
Speaker 1: on a ship coin once, so that one ship coin,
Speaker 1: so it didn't even diversify, it was just one ship coin. Um. Yeah, gosh,
Speaker 1: it's it's hard reading. I mean again, I hope this
Speaker 1: is I hope to I hope to God this is
Speaker 1: a fake one. But I mean again, there are so
Speaker 1: many like this on coin fessions. Um that there must be,
Speaker 1: you know, I think there is is truth to a
Speaker 1: lot of them. Now, I think this tells us this
Speaker 1: kind of treads over a lot of the a lot
Speaker 1: of the lessons that we've talked about over the course
Speaker 1: of these podcasts seven years that you know, don't invest
Speaker 1: more than you can afford to lose, don't invest in
Speaker 1: ship coins, diversify your portfolio and stuff. But I think
Speaker 1: he's study for his money before you take it. Yeah,
Speaker 1: or I think I think it goes even deeper than that,
Speaker 1: really might I think, you know, it's like, for God's sake,
Speaker 1: only invest your own money, like, don't go investing other people's.
Speaker 1: It's that is that And this again, this is a
Speaker 1: rule for life. You know, this is something that doesn't
Speaker 1: just apply to crypto. You know, if if someone wants
Speaker 1: to invest their money. If someone wants to invest their
Speaker 1: money in crypto, you know whatever, crypto, maybe that is
Speaker 1: their decision, but they have to do it. Like, honestly,
Speaker 1: I don't think any good ever comes from investing other
Speaker 1: people's money for them, whether it's your family, whether it's
Speaker 1: your friends. You know, you're just yeah, you're setting yourself
Speaker 1: up for fall. And when that money is their nest egg,
Speaker 1: you know. And again there are so many tweets like this.
Speaker 1: You know, it's like people putting their savings in or
Speaker 1: their college funds or their nest eggs. But it's you know,
Speaker 1: that's bad enough, But when it's someone else's savings, college
Speaker 1: funds or nest eggs, that is yeah, that is just no. Yeah,
Speaker 1: I don't think that one's true. I think I think
Speaker 1: if if you if you did something unless that unless
Speaker 1: that that person is just an absolute horror of a kid,
Speaker 1: you know what I mean, like it it wouldn't be
Speaker 1: so if you've done something so horrific, you wouldn't be
Speaker 1: so blase about it. You'd be you'd be you have
Speaker 1: to be remorseful. Interesting. Interesting, I mean, yeah, if that
Speaker 1: kind of assumes that they took the money you know
Speaker 1: that they took it without permission. I mean they could
Speaker 1: be well intentioned, but just a complete idiot. Do you
Speaker 1: think this this one is from the same person who
Speaker 1: was I'm a terrible trader, just really, really bad. Do
Speaker 1: you think it's the same person. It's just just a
Speaker 1: flow of conscious on on on a coin fession, I
Speaker 1: feel I should clarify my earlier tweet. Yeah, Dad, I'm
Speaker 1: I'm a terrible trader. So what do you mean, son?
Speaker 1: What do you mean you're a terrible trader? What does
Speaker 1: that mean? Let's go, let's something something nice, something a
Speaker 1: good one. You really a nice one? All right? Okay,
Speaker 1: well this is one from from middle of September. Now,
Speaker 1: this I think is almost certainly true. In I bought
Speaker 1: over five hundred Bitcoin to buy multiple types of drugs
Speaker 1: on the dark web. Now that is that is true
Speaker 1: for well, for a number of reasons, Mikey, I can
Speaker 1: see that face you're making. Is let's let's just let's
Speaker 1: just quickly clear it up before we go any further.
Speaker 1: Is this you No, No, I was buying drugs the
Speaker 1: old school way in two fifteen. It was a bit
Speaker 1: later on that I didn't. I didn't I didn't. Yeah,
Speaker 1: and it wasn't if I don't, I don't think I
Speaker 1: ever bought something like five hundred. I think I got
Speaker 1: in just before that two thousand seventeen sort of spike
Speaker 1: or as it sort of spike. But yeah, it's a
Speaker 1: it's a story that resonates with a lot of people.
Speaker 1: I'm sure this and they've gone, well, that was probably
Speaker 1: the most expensive whatever line joint pill that you've ever taken,
Speaker 1: because if you just kept onto these, but you know,
Speaker 1: that's that's life, you know, that is I guess. Yeah,
Speaker 1: And again it throws up some interesting things because yeah,
Speaker 1: I mean, firstly, so many people I've spoken to who
Speaker 1: were early to crypto, this is a recurring theme. It's like,
Speaker 1: so what did you you know, do you still have it?
Speaker 1: It's like, no, guy, I spent it on Silk Road,
Speaker 1: you know, that's that's why I got it. UM, just
Speaker 1: just to you know, just in case anyone was wondering.
Speaker 1: As we record this, bitcoin is kind of hovering around
Speaker 1: the twenty k mark, so that is ten million dollars
Speaker 1: at today's prices. UM. But it doesn't an interesting point
Speaker 1: as well, and this is something we touched on when
Speaker 1: we talked about the early days of bitcoin. You know,
Speaker 1: I think that it underlines the importance of the dark web,
Speaker 1: of sites like Silk Road for for bitcoin, because you know,
Speaker 1: for the adoption of bitcoin, because I think there's a
Speaker 1: strong case to be made the bitcoin probably wouldn't have
Speaker 1: made it this far if it hadn't been for the
Speaker 1: dark Web, it hadn't been for people, you know, getting
Speaker 1: it in order to get their hands on some some
Speaker 1: drugs I or or let's face it, you know, not
Speaker 1: just drugs, all the other kind of um uh, naughty things,
Speaker 1: legal naughty things that you could buy and probably can
Speaker 1: still buy on the dark web. So it's it's a
Speaker 1: kind of it's a little bit of an uncomfortable part
Speaker 1: of bitcoin's history, isn't it, Because obviously since then it
Speaker 1: has evolved into so much more. But there's kind of
Speaker 1: no getting away from the fact that for a time
Speaker 1: there wasn't really much use for it other than to
Speaker 1: buy weed on the dark And yeah, I mean it's yes,
Speaker 1: it's it's a it's and the fact that people had
Speaker 1: such vast quantities of it and we're just so frivolous
Speaker 1: with it, obviously not knowing what lies around the corner.
Speaker 1: Not predicting the future and going okay, called five hundred bitcoin,
Speaker 1: Like I can buy a pizza with that, or I
Speaker 1: can I can get some man in in in some
Speaker 1: unknown location to post me some hash. Yeah, or if
Speaker 1: I sit on it for ten years, I could buy
Speaker 1: a small island yeah, on my own hash have all that,
Speaker 1: just call it hash island. Yeah. Yeah, It's one of
Speaker 1: these things, isn't it. It's kind of it's silly to
Speaker 1: look back in that way because obviously if we could
Speaker 1: predict the future like that, then we'd all be fantastically rich.
Speaker 1: But it's I just find it so interesting, you know,
Speaker 1: it says so much about how far this industry has come,
Speaker 1: and you know, it's origins and things like that that
Speaker 1: we have to you know, we have to accept it.
Speaker 1: It's it can be it can be a bit uncomfortable
Speaker 1: for some people that this is kind of how it started,
Speaker 1: or not how it started, but how it survived during
Speaker 1: a difficult it was it was it was possibly a
Speaker 1: catalyst for it sort of being more widely adopted amongst
Speaker 1: people who probably aren't investing in it just for the technology. Yeah.
Speaker 1: I also want to raise a point on this, and
Speaker 1: as someone who basically got into crypto in a similar way. Um,
Speaker 1: it's also but who has also been on a journey
Speaker 1: and understanding a lot more and doing these podcasts with
Speaker 1: yourself and and understanding the community, the history, the stories
Speaker 1: about it. It's also it's this this kind of resonates
Speaker 1: with a lot of the people who, um, we're mining
Speaker 1: stuff originally, like where you could go to a page
Speaker 1: and it would just give you some is the whole
Speaker 1: point of it is getting is the mass adoption of it.
Speaker 1: It is getting it used, it is funding sort of
Speaker 1: uh making it's it's basically you know, it's the catalyst
Speaker 1: for that economy of it. Getting it used, getting it adopted,
Speaker 1: getting it moving is what is important. And if everyone
Speaker 1: went back and bought bitcoin and just sat on it,
Speaker 1: it wouldn't be the same. It wouldn't be the same.
Speaker 1: People wouldn't want it. If you were If everyone went
Speaker 1: back in time to two thousand and twelve or two
Speaker 1: thousand and thirteen, bought a lot of bitcoin, sat on it,
Speaker 1: it probably wouldn't get to the heights that it is
Speaker 1: today because no one is using and it it wouldn't
Speaker 1: be what it is today. You're absolutely right, Yeah, you're
Speaker 1: absolutely right. It's yeah. If people are just if people
Speaker 1: are just sort of brought it to to speculate, then
Speaker 1: it would just, yeah, it wouldn't have been worth anything.
Speaker 1: It had to be proved to be yet, to have
Speaker 1: some to have some worth, to have some utility in
Speaker 1: the first place. So yeah, you're absolutely right, You're absolutely right.
Speaker 1: It's um, it's that's just that's just how it got
Speaker 1: out into the world. Um. Okay, let's let's move on
Speaker 1: this one from early September. This was an interesting one.
Speaker 1: I thought. I am a twenty year old Nigerian made
Speaker 1: close to two hundred and fifty thousand dollars this bull
Speaker 1: Run invested two hundred thousand dollars in real estate and
Speaker 1: parents business have forty k left over for the next
Speaker 1: build of bull Run. Feels good. Um, I wish I'd
Speaker 1: taken a leaf out of this dud's book and and
Speaker 1: sort of got out but and and and sort of
Speaker 1: just put back in what I originally had. But you
Speaker 1: know what, different people have different sort of outlooks on it. Yeah,
Speaker 1: is smart, he's happy, he's playing it sensibly. Yeah, well done.
Speaker 1: I think we yeah, absolutely, I think we've we've all
Speaker 1: got something to learn there from him. You know, don't
Speaker 1: be afraid to take profits. Also, don't be afraid to
Speaker 1: diversify as well. You know, a good investor has a
Speaker 1: has a diverse portfolio of assets because you never quite
Speaker 1: know what's around the corner. Um, I hope this is
Speaker 1: the other the other guy's brother, you know, the one
Speaker 1: who took all his dad's money and put it into
Speaker 1: a ship coin. And this guy made two hldred fifty
Speaker 1: k on the ball round invested two hundred into real
Speaker 1: estates and his parents business. Sort of like there's the
Speaker 1: two brothers, the two Nigerian brothers. One who's just the
Speaker 1: absolute black sheep, like crazy one who does all the
Speaker 1: bad stuff, and then this one who's constantly bailing his
Speaker 1: brother out of out of trouble. And at least the
Speaker 1: parents and the dad is like, wow, it's it's all right.
Speaker 1: And I like that. I like the idea that the
Speaker 1: dad is completely oblivious. I My sons are both great.
Speaker 1: You know, my retirement money is still there. They could
Speaker 1: have so easily taken it and loan it. Um. I
Speaker 1: just wish they'd give me some back every now and again.
Speaker 1: Extra fact they've both been just was taking in and
Speaker 1: out of his account all the time. Um yeah, I
Speaker 1: also much, but I I much prefer the idea. I
Speaker 1: like this guy for kind of investing in his parents business.
Speaker 1: You know. So so many of the tweets that you
Speaker 1: see on crypto Twitter, they can be they can be
Speaker 1: quite self serving a lot of the time. It's like, oh,
Speaker 1: you know, I'm so I'm so blessed and so grateful
Speaker 1: that i got into crypto because I was able to
Speaker 1: give you know, people this or give people that. It's
Speaker 1: I yeah, okay, you know that that's that's well intentioned.
Speaker 1: But I I just admire the chap of this guy.
Speaker 1: It's like the cut of this guy's jib. You know,
Speaker 1: it's now, I'm going to invest in my parents business.
Speaker 1: I want to I want to cut well, I mean,
Speaker 1: it all obviously depends on what business his parents are in.
Speaker 1: It Like, if if they are gangsters or human traffickers
Speaker 1: or something like that, then that's probably a bit frowned upon.
Speaker 1: But if it's a mom and pop shop and it's
Speaker 1: something like that, that's great. So it's always worth qualifying.
Speaker 1: Let's find out what their parents business is, because if
Speaker 1: it's you know, if it's a you know, something text
Speaker 1: is everything my day. My dad was wandering around with
Speaker 1: an old sawn off shotgun. Now I've got him a
Speaker 1: couple of nineties, he's stable. Um yeah, let's hope it was.
Speaker 1: Let's hope it was a lovely, legitimate I'm sorry it
Speaker 1: wasn't like he seems like a well, uh, that's that's
Speaker 1: a lovely thing to do that, like you you've got
Speaker 1: to blame the parents or you know, give reward and
Speaker 1: praise to their parents when he's obviously been raised. Well yeah, yeah,
Speaker 1: just a shame his brother was such a terrible treating.
Speaker 1: Oh that's what I put. I put fifty k into
Speaker 1: crypto back in two thousand and seventeen, and now I'm
Speaker 1: at near zero. I could have bought a house for
Speaker 1: my mom. Instead, I bought coins like Jezy new it's
Speaker 1: really the dumbest timeline. Ah, just coin earlier, didn't you
Speaker 1: it's um yeah, I didn't realize it was a real thing.
Speaker 1: I didn't know ju was a thing. I was. I
Speaker 1: was just being stupid, but not as stupid as this guy.
Speaker 1: But hey, look take take the lesson. He's lost it.
Speaker 1: I was going to say, easy come, easy go, but
Speaker 1: like it's not like the other guy who managed to yeah,
Speaker 1: well yeah, yeah, fifty fifty k as well back in seventeen,
Speaker 1: assuming that was it's you know, assuming that was while
Speaker 1: it was before it really went crazy in that year.
Speaker 1: You know that could have yeah even if it was
Speaker 1: even if it did really go crazy. You know that
Speaker 1: the highs of bitcoin in twenty seventeen was ninet, wasn't it,
Speaker 1: And then now it was better. Now it's back when
Speaker 1: it's gone back there, back where it was doing. Like, yeah,
Speaker 1: see if you can see if you can get that
Speaker 1: up on the chart. Yeah, it's it's funny as well
Speaker 1: because you think, wow, you have fifty k back then
Speaker 1: to put into it. It's uh yeah, I mean he's
Speaker 1: obviously not a very good trader. How did he end
Speaker 1: up with all this money in the first place. That
Speaker 1: is something that always baffles me as well when you hear,
Speaker 1: especially when you hear some real idiot who lost all
Speaker 1: this money, It's like, what did you get all that
Speaker 1: money in the first place? Why? Why has so many
Speaker 1: really really rich people so damn stupid. It's, um, it's weird,
Speaker 1: but I think it was. There's a there's an old saying,
Speaker 1: if you want to know what God thinks of money,
Speaker 1: Look at the people he gives it to. Um Anyhow, anyhow,
Speaker 1: just before take another break, this one from mid August.
Speaker 1: I invested slowly into crypto since followed the Hoddle mentra
Speaker 1: and convinced my wife to buy a little I don't
Speaker 1: like well the way this is going. Over time she
Speaker 1: got five and some small things that turned into large things.
Speaker 1: I made over two one and fritted it to nothing.
Speaker 1: Trading n f t s and microcaps. I have nothing.
Speaker 1: My wife has five. She has never sold slash traders
Speaker 1: at all and has outperformed me significantly. Wow. Well, what
Speaker 1: is a microcap? First of all, it's I mean, it's
Speaker 1: kind of it's a slightly more charitable term for a
Speaker 1: ship coin. Well not necessarily, like you an all coin,
Speaker 1: an all coin with a very low market cap, and
Speaker 1: obviously that is where you can that is where you
Speaker 1: can find the you know, the really big returns because
Speaker 1: they've got all this potential upside. But it also makes
Speaker 1: them way more volatile, and you know, sometimes the fact
Speaker 1: that they have a low market cap that's for a
Speaker 1: very good reason, because they're a ship coin. But I
Speaker 1: don't know, it's yeah, microcapital coins it can be it
Speaker 1: can be feast, or it can be famine, and it's
Speaker 1: more often famine, I think. But I do like the
Speaker 1: I do like the fact that his his eminently sensible
Speaker 1: wife has just gone Nope, Nope, I am going to
Speaker 1: stick with that, and yeah, she's she's she's come out
Speaker 1: on top. I think. I think the thing the lesson
Speaker 1: that we can take from that is, if you know,
Speaker 1: once you've once you've realized, once you come to the
Speaker 1: realization that you're a bad trader, just just do nothing.
Speaker 1: You know, sometimes nothing is the absolute best thing that
Speaker 1: you can do. Yeah, yeah, it's it's it's easier to
Speaker 1: just sort of let it happen slowly. Yeah, easier to
Speaker 1: just sit on your ass something that's lazy trader. Yeah.
Speaker 1: Something that I think has been a guiding principle throughout
Speaker 1: much of your life is that, yes, well, when when
Speaker 1: it comes to crypto, for sure, I don't have time.
Speaker 1: I do have time, I don't have Yeah, I just
Speaker 1: it's not my life. So it's something I dip into
Speaker 1: and it's cool, but it's not I didn't know what
Speaker 1: a microcap was, you know what I mean. I mean,
Speaker 1: this is only like what the FOURTI episode of this podcast.
Speaker 1: But you're not the first and you're not the last
Speaker 1: is going to try and make me learn. There's dozens
Speaker 1: of retired, mentally mentally broken better better teachers have tried.
Speaker 1: They've all failed. It's too late. Okay, let's take one
Speaker 1: more break and then and then finish off with a
Speaker 1: few more Hello, everyone, welcome back to part three of
Speaker 1: this episode of the coin Bureau podcast, when we are
Speaker 1: digging into the coin fashions twitter handle on crypto Twitter
Speaker 1: one of the most informative and also yeah, just downright
Speaker 1: strange places on all the internet. Um, so yeah, let's
Speaker 1: have let's just have a look. We've got time just
Speaker 1: to have a look at a few more of these
Speaker 1: tweets and just kind of see what we can see,
Speaker 1: what lessons we can extract from them. Um. This one
Speaker 1: from the fourteenth of August two. I won a fifty
Speaker 1: dollar bet with a random guy online over some sports match.
Speaker 1: He sent me instructions on how to claim the money.
Speaker 1: They were weird and confusing, and I don't I didn't
Speaker 1: know why he couldn't do something else to pay, thinking
Speaker 1: it was either a scam where he is broke. I
Speaker 1: let it go. It wasn't un till it came to
Speaker 1: mind in that I realized he was trying to pay
Speaker 1: with bitcoin. I do, I do remember one of the things,
Speaker 1: one of the when I first discovered did you not
Speaker 1: get that money? Then? Yeah? Yeah, that would that that
Speaker 1: fifty dollars would would never have appeared. Having said that,
Speaker 1: you know, I mean this is that the price of
Speaker 1: bitcoin I think was very early. It is early, but
Speaker 1: I mean fifty dollars would you know? It would it
Speaker 1: would equate to a nice return. Now it's not quite
Speaker 1: as bad as you know, someone sort of turning down
Speaker 1: ten million dollars. It's nothing close to that. How much
Speaker 1: was it in two as I recall, it was in
Speaker 1: the kind of hundreds of dollars by that point. So
Speaker 1: I mean we're still talking, you know, we're still talking
Speaker 1: an absolutely insane return, but it's it's not quite you know,
Speaker 1: it's not like, oh, if only I claimed that fifty dollars,
Speaker 1: I can now be living on my own island made
Speaker 1: of gold. But yeah, what what strikes what what stands
Speaker 1: out to me about it is I remember from you know,
Speaker 1: from getting into bitcoin when I did, which was kind
Speaker 1: of around kind of late, and there there was, and
Speaker 1: I think for a lot of people there still does
Speaker 1: exist this kind of you know, it's it is weird
Speaker 1: and confusing. You're like, what what's this? What's this QR
Speaker 1: code business? Like what? Hang on, what's what's this address
Speaker 1: that I have descended to? You know what what what's
Speaker 1: what's going on with us? Exactly? Um So back into
Speaker 1: the I I have sympathy for this person. I think
Speaker 1: probably you know they they I think they could be
Speaker 1: forgiven for that. It's like, well, hang on a seg
Speaker 1: kind of open a bullet, what's bitcorn? Well, bitcoin actually
Speaker 1: had quite a big jet like it went for rom
Speaker 1: in January. It was twenty dollars first of Joan two,
Speaker 1: and then around November December was that classic Christmas pump.
Speaker 1: It went up to ninety two. So you know, if
Speaker 1: if it was sort of January February, there's a couple
Speaker 1: of bit coin, Yeah, not bad but not bad. Yeah
Speaker 1: that's true, that's true. Um, but yeah, it's it's one
Speaker 1: of the It's another one of those that kind of
Speaker 1: dwells on the past, doesn't it. It's sort of only
Speaker 1: i'd if only we've known, It's like, well we didn't,
Speaker 1: but yeah, it's it does kind of bring to mind
Speaker 1: the fact that and this is kind of one of
Speaker 1: the reasons why why I do what I do and
Speaker 1: why we're doing this podcast is to try and try
Speaker 1: and demystify it a little bit, try and put it
Speaker 1: in some contexts as people can understand it, so as
Speaker 1: you know, when there isn't that kind of there isn't
Speaker 1: that kind of uh, you know, people don't get worried
Speaker 1: and confused when you talk about it. Um. And hopefully
Speaker 1: we can we can save people from similar faiths. Um.
Speaker 1: That's what weird to do. Of course, do you want
Speaker 1: to read out the next one? Sure, I worked from
Speaker 1: a major newspaper company, and I've written several anti crypto articles,
Speaker 1: two of which have gotten major attention and clicks. I
Speaker 1: actually own a good stack of bitcoin five figs. I've
Speaker 1: got to get the bag somehow. Well, you are a
Speaker 1: fudd dealer, and well, look, listen, a lot of journalism
Speaker 1: these days is is kind of all just about getting
Speaker 1: clicks as opposed to uh, investigative investigative journalism or anything
Speaker 1: like that. You know, it's it's uh, it's a it's
Speaker 1: a bit of a what was that there was that
Speaker 1: there's a Netflix documentary about some investigative journalism. Yeah, about
Speaker 1: a judge and um uh and and a lawyer and
Speaker 1: basically there there was a judges generally, Um, there was
Speaker 1: there was some some some some math numbers that didn't
Speaker 1: sort of stuck up. The judges usually give sort of
Speaker 1: like judgments in some cases or or grant things for
Speaker 1: percent to and that was generally the overall sort of
Speaker 1: figure on it. An investigative journalists saw that one judge
Speaker 1: was his his figures were at ninety nine. Uh and um,
Speaker 1: they undercovered uncovered that the there was a lawyer and
Speaker 1: a judge who was basically in cahoots and they were
Speaker 1: sending people to to prison or something like that. There
Speaker 1: was like five hundred million dollar sort of scandal. Yeah,
Speaker 1: but there was. It's just, you know, investigative journalism like
Speaker 1: that is is kind of a lot more rare these days,
Speaker 1: and it's all just sort of selling adverts and getting
Speaker 1: clicks and it's no real news, a lack of Yeah.
Speaker 1: I do hear a lot of stories from from inside
Speaker 1: the kind of journalism industry, you know, the news industry,
Speaker 1: if if you like. And I think there are a
Speaker 1: lot of you know, a lot of journalists who are
Speaker 1: kind of quite depressed about it really, because you know,
Speaker 1: your success is now measured in clicks. You know, it's
Speaker 1: not about it's not about writing a brilliantly researched and
Speaker 1: brilliantly you know, put together, brilliantly argued article anymore. It's
Speaker 1: about you know, who gets the most cliques, and that
Speaker 1: swiftly becomes a race to the boss. You know, it's
Speaker 1: it's it's a pretty swift descent from from trying to
Speaker 1: write something really well to just basically clickbait. Um. Yeah,
Speaker 1: And I think you know, crypto in crypto in the media,
Speaker 1: crypto in the kind of mainstream media has been a
Speaker 1: kind of easy target in this respect because I think,
Speaker 1: you know, the word crypto or the word bitcoin or
Speaker 1: something in the headline is automatic clickbait for a lot
Speaker 1: of people. And I think that the media has made
Speaker 1: a lot of money really and got a lot of
Speaker 1: got a lot of engagement by you know, by writing
Speaker 1: these kind of articles about crypto and generally sort of
Speaker 1: going to town on it. Some of them are some
Speaker 1: of them are fair criticisms, but a lot of them aren't,
Speaker 1: and a lot of them, you know, just keep kind
Speaker 1: of peddling the same old line and it gets pretty tired.
Speaker 1: But obviously it's still drives. It still drives traffic and
Speaker 1: clicks and stuff, so it stays in. Um, so yeah,
Speaker 1: I guess you know, anyone anyone reading that tweet should
Speaker 1: know that. You know, if you read something in the
Speaker 1: mainstream media, it's not necessarily it's not necessarily true. And
Speaker 1: of course the journalists behind it could just be writing
Speaker 1: it for clicks and and be sitting on a nice,
Speaker 1: nice bag of bitcoin. Yeah. Um, do you want to
Speaker 1: read the next one? Sure? So this is from thirty July.
Speaker 1: I bought the top of a ship coin and tweeted
Speaker 1: about it. I got a lot of love from the
Speaker 1: community and continued to buy the countless dips along the way,
Speaker 1: But after being down over of my investment, I started
Speaker 1: questioning the depths and was labeled as a paid fudder
Speaker 1: and was bullied to the point of depression by the
Speaker 1: same people that I thought was my crypto family. I
Speaker 1: will never be a part of a crypto cult ever. Again.
Speaker 1: That is yeah, yeah, yeah, you shouldn't. You shouldn't buy
Speaker 1: into the hype, and it's easy to do that, and
Speaker 1: it's easy to get caught up in it. And these
Speaker 1: people who are just on Twitter may not be they
Speaker 1: may not have your best interests at heart. They may
Speaker 1: just be uh, you know, aiding the pump. Yeah, because
Speaker 1: the crypto communities are amazing things because they support the
Speaker 1: support they give to projects is incredible and can really
Speaker 1: help carry that project along and develop it and get
Speaker 1: the word out of about it and stuff. But on
Speaker 1: the other hand, they can be absolutely terrible as well,
Speaker 1: and they're never worse when you know, they're just communities
Speaker 1: of hills, you know, paid sometimes paid chills, but sometimes not,
Speaker 1: you know, sometimes just people who've got money and I
Speaker 1: and want to pump the price up. And yeah, these
Speaker 1: you know, you get these, these these Twitter accounts and
Speaker 1: these all all over social media and it just becomes
Speaker 1: infested with these with these kind of pump and dump
Speaker 1: groups and yeah, people who won't listen to reason. It's important,
Speaker 1: like you always say, do your own research, but it's
Speaker 1: also really important to try, like because you can find
Speaker 1: whatever answers you want to find on the internet. If
Speaker 1: I want to go and say Guide Turner is actually
Speaker 1: a lizard person, I'm sure I can find somewhere on
Speaker 1: the internet. Which will reinforce that like possibly true statement.
Speaker 1: So like do your own research, but do the research
Speaker 1: that is kind of you know, it's it's it's you know,
Speaker 1: it's fair, but look at it. Don't just block out
Speaker 1: stuff that you don't want to hear. Sometimes you're gonna
Speaker 1: need to hear. Okay, cool, this isn't good. I should
Speaker 1: talk maybe question the sources and what I'm listening to here,
Speaker 1: and be a bit more cautious and a bit more traded,
Speaker 1: a little bit more carefully, and you'll avoid getting getting burnt. Yeah,
Speaker 1: confirmation bias they call it. You know, when you when
Speaker 1: you're when you're trying, you're trying to find something, and
Speaker 1: you know, you just you just filter out the stuff
Speaker 1: that that you want to hear. Yeah, exactly. And when
Speaker 1: it comes to when it comes to crypto and stuff,
Speaker 1: if you're ever if you're ever invested or you know,
Speaker 1: if you're ever thinking of investing in something or whatever
Speaker 1: and you have questions about it, if you go to
Speaker 1: if you go onto Twitter or or any of these
Speaker 1: other social channels, you know, discord or medium or whatever,
Speaker 1: and you ask some questions, you know, if you if
Speaker 1: you put them politely and you know, not aggressively or
Speaker 1: anything like that, and you ask questions. If if the
Speaker 1: deaths come back and give you proper answers, then that
Speaker 1: is a good sign. But if you get blocked or
Speaker 1: anything like that, you know, or ignored, that is probably
Speaker 1: all the red flag you need. Because any crypto project
Speaker 1: worth its worth, its solved, any legit project will always
Speaker 1: try and answer questions, address concerns, you know, all this
Speaker 1: sort of stuff. So but there are just countless examples
Speaker 1: of this happening. And yeah, dev's going quiet or blocking
Speaker 1: people or or whatever. It's it's a it's a complete
Speaker 1: red flag. And ditto communities as well. You know, if
Speaker 1: if if a coin or token has a really strong
Speaker 1: community behind it, who just will not listen to any
Speaker 1: sort of criticism, that that too is yeah, you should
Speaker 1: be worried. Also when you're when you're speaking to someone
Speaker 1: or you're listening to someone that you do it a lot,
Speaker 1: which I think is admirable, is when you are talking
Speaker 1: about a project, you do let people know if you
Speaker 1: are holding it, you know, just just so everyone is
Speaker 1: aware and completely transparent. I hold a little bit of
Speaker 1: jizz ei or whatever, and that maybe even unconsciously biasing
Speaker 1: my my opinions on it. You know, it may or
Speaker 1: may not be that, but let people make their own
Speaker 1: decision about it and just be a cool. Look, I
Speaker 1: hold this this hit coin. By the way, I was
Speaker 1: in at the I c O on this. You buy
Speaker 1: is going to make me extremely wealthy? Yeah, yeah, it's um, yeah,
Speaker 1: there's is it's there's so much of this kind of
Speaker 1: stuff in in in crypto unfortunately, but yeah, it can be.
Speaker 1: It can be depressing to cease to look at some
Speaker 1: of these groups and these people who are just you know,
Speaker 1: deluding themselves and yeah kind of really you know, turn
Speaker 1: really nasty and stuff. It's yeah, this this person's right.
Speaker 1: I'll never be a part of a crypto cult ever again.
Speaker 1: If you ever do realize if you have a sort
Speaker 1: of thing, hang on a second, am I in a cult?
Speaker 1: Then you're an accult and you should leave if you
Speaker 1: If you ever, if you ever ask yourself the QUD
Speaker 1: just good rule for life, isn't it. If you ever
Speaker 1: a room with hundreds of people dressed in the same
Speaker 1: white colored robe, all with a glass of kool aid,
Speaker 1: and you ask yourself, am I in a cult? Probably certainly? Yes, yes, Okay,
Speaker 1: I think we've got the next one. Yeah, yeah, we've
Speaker 1: got time for two more. You read you read this
Speaker 1: next one. Am. I got a tattoo of a project
Speaker 1: it rugged. Now, this is something that's I've seen other
Speaker 1: people like I used to do a club night. You
Speaker 1: used to do a club night called Regression Sessions. And
Speaker 1: we've had people who come to the this is just
Speaker 1: some random club night that you know it was. It
Speaker 1: was fairly big. And I've had people come up to
Speaker 1: me and show me their Regression Sessions tattoo and I'm like,
Speaker 1: what are you doing? It is a club night. It's
Speaker 1: it's not. I mean, but some people have different you know,
Speaker 1: some people get tattoos for jokes. Some people you know,
Speaker 1: it's it does it's it's it's a different meaning to
Speaker 1: different people. And I hope this guy was fort into
Speaker 1: the Regression Sessions camp here with a tattoo project that
Speaker 1: of a project that rugged. And look listen, it's a
Speaker 1: funny story. Yeah. Yeah. It's kind of like getting a
Speaker 1: girlfriend's name tattooed on you to find out she's she's
Speaker 1: not the one. Yeah, I mean again, we're we're kind
Speaker 1: of we're straying into sort of rules for life. Territory
Speaker 1: as well. It's not just rules for crypto, is it.
Speaker 1: But I think, you know, a good rule for life
Speaker 1: is I don't get that crypto the thing tattooed, you know,
Speaker 1: don't at a club night tattoo, don't get a girlfriend's
Speaker 1: name tattooed, and things like that, you know it. Don't
Speaker 1: get any sort of facial tattoo. Yeah. Possibly, yeah, I
Speaker 1: mean because they're they're hard to get off and people
Speaker 1: will judge you, especially me. Um. Yeah, no, I mean
Speaker 1: I got a tattoo of a project it rugged. Yeah,
Speaker 1: it's just just just don't go there. Don't get a tattoo.
Speaker 1: If it's a cool logo at least that's fine, you
Speaker 1: know what I mean. Well, if if it's you know,
Speaker 1: the theoryum is quite cool, just abstract sort of little shape,
Speaker 1: do you know what I mean? Bitcoin, I wouldn't want that,
Speaker 1: but something a bit more simple and yeah, okay, well,
Speaker 1: I mean people that people have got to do what
Speaker 1: they've got to do. It's it's their bodies. Isn't it
Speaker 1: that that tweet does put me in mind of um,
Speaker 1: I think it was. It wasn't a tattoo, Although I
Speaker 1: think this happens when you know, football supporters get their
Speaker 1: favorite players names tattooed and then that player promptly leaves
Speaker 1: for another club. Yeah, or when you get the someone
Speaker 1: type got the tattoo of England euro winners or something
Speaker 1: like that, and then we lost in the final and
Speaker 1: it's that's there forever. It's like you just could have
Speaker 1: waited twenty four hours and yeah, I think. And there's
Speaker 1: also the one I think that I think at Newcastle
Speaker 1: wasn't there we didn't someone didn't A Geordie Fellow called
Speaker 1: their son Cole only for um and olderly for man
Speaker 1: Unite two later, you know, he named it after after
Speaker 1: the the carbon fuel that was it, yeah, which which
Speaker 1: had vanished from the area. Okay, so just time for
Speaker 1: one more. This from the fifth of July two. I
Speaker 1: had an amazing family and literally had it made in life.
Speaker 1: Then I just covered bitcoin and became overwhelmed with greed
Speaker 1: and ultimately lost everything I had trying to obtain more.
Speaker 1: Wish I had never discovered crypto guy. We're doing this
Speaker 1: episode to cheer me up. I know, I know we're
Speaker 1: doing this episode to cheer me up. So I can
Speaker 1: leave this, you know, our chat once a week and
Speaker 1: I'm going to be happy and and you leave us
Speaker 1: on this. I lost my I've lost everything I love
Speaker 1: trying to obtain more. I wish I'd never discovered crypto.
Speaker 1: What are you doing? I think I just think, Mikey,
Speaker 1: that it's a very important lesson to learn because as
Speaker 1: I said, as I said at the beginning of the episode,
Speaker 1: like coin Fessions is amazing, but there are you know
Speaker 1: that there are some funny ones, there are some very
Speaker 1: truthful ones. There are also some really damn bleak ones
Speaker 1: out there, and I think it's important to acknowledge that.
Speaker 1: And I think this is like the probably the most
Speaker 1: important lesson that we can that we can take from
Speaker 1: this whole episode, from all these experiences that people have
Speaker 1: had in crypto. Like, crypto is amazing, and it has
Speaker 1: made a lot of people very wealthy. It has changed
Speaker 1: a lot of people's lives for the better. Um, but
Speaker 1: it is not the be all and end all. It
Speaker 1: can be. It can be a destructive force if you
Speaker 1: let it. And I think it's really important for people
Speaker 1: to remember that the really important things in life are
Speaker 1: things like you know, our family, our friends. You know,
Speaker 1: crypto is Crypto is amazing, but it should. It should
Speaker 1: never come before your family, before your friends, before taking
Speaker 1: you know, the things that are really important. Um. And
Speaker 1: you know, but it is possible to have it both.
Speaker 1: But people do get overtaken by greed. They do get
Speaker 1: obsessed by the idea of having more and more and more.
Speaker 1: It's like, for one thing, remember what's really important. And
Speaker 1: for another, you know, you have to you have to
Speaker 1: have limits, you have to be you know, you don't
Speaker 1: let greed consume you, because then crypto isn't so cool.
Speaker 1: You know. It's remember what's really important in life. Yeah,
Speaker 1: that's okay, fine, that's a nice way to end it.
Speaker 1: I hope this guy finds a new family. Yeah, yeah,
Speaker 1: I I hope he. I hope he managed to patch
Speaker 1: things up with his family and kind of get back
Speaker 1: to get back to the good things that he had. Um.
Speaker 1: But yeah, it's it's it's very true, folks, you know,
Speaker 1: don't don't let the bad things in life take you
Speaker 1: over anyhow. So I think there was some. I think
Speaker 1: there are some so good. Yeah, yeah, it's a great.
Speaker 1: It's a great channel coin fashions. I'm a big fan
Speaker 1: of it. And yeah, I think it's uh, it is
Speaker 1: actually I think a really important part of your crypto journey,
Speaker 1: because it's the sort of thing that you should just
Speaker 1: check in with every now and again for a dose
Speaker 1: of reality. You know, when when crypto is starting to
Speaker 1: take over your life, just just step back, look at
Speaker 1: coin fesshions and don't make the same mistakes that those
Speaker 1: people did. It sounds good. I think it's good. It
Speaker 1: is a little a sobering, uh snapshot of other people's experiences,
Speaker 1: So I think it's yeah. I'm going to follow it.
Speaker 1: I'll give it a little follow. Good stuff, good stuff. Okay,
Speaker 1: let's should we leave it there for this week? I
Speaker 1: think yeah, I think we've given I think we've probably
Speaker 1: freaked enough people out with some of the some of
Speaker 1: the goings on in crypto for for one week. We
Speaker 1: will be back next week, I hope again. I've I
Speaker 1: have no real idea what we're going to talk about,
Speaker 1: but we'll we'll figure something out. I might try there's
Speaker 1: a couple of guests I'm hoping to bring on again.
Speaker 1: I've really enjoyed having guests on the podcast before, so
Speaker 1: I'm kind of making, you know, putting feelers out to
Speaker 1: get a few people on. Why don't you speak to
Speaker 1: the old cs. You can get him on and I
Speaker 1: can ask him about what he frittes his money away
Speaker 1: on and if he will lend me a million million pounds. Yeah, yeah, Okay,
Speaker 1: don't tell him that. Don't tell him that till he's
Speaker 1: on obviously, and then we'll ambush him. Yeah, okay, and
Speaker 1: see if he's maybe see if any of these coin
Speaker 1: fesshions people are him. Ye. Anyway, Mike, it's been great
Speaker 1: to see you again. Um, and yeah, I'll check in
Speaker 1: with you, check in with you again in a week's time.
Speaker 1: Sounds good, mam. Cheers, Bye, Thank you so much for
Speaker 1: listening to the coin Bureau podcast. If you'd like to
Speaker 1: learn more about cryptocurrency, you can visit our YouTube channel
Speaker 1: at YouTube dot com forward slash coin Bureau. You can
Speaker 1: also go to coin bureau dot com for loads more
Speaker 1: information about all things crypto. You can follow me on
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Speaker 1: also active on TikTok and Instagram as well. First of all,
Speaker 1: it's not thank you for listening, you're welcome for great content.
Speaker 1: Hunt Yeah, like this is free and they're learning about
Speaker 1: a fairly great topic in a non boring way. If
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