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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 1: accused of murdering a Texas man of Venezuelan charged with

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Speaker 1: filming and selling child pornography in Michigan. These are just

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Speaker 1: some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

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Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 1: crossings are at the lowest levels ever recorded, and over

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Speaker 1: one hundred thousand illegal aliens have been arrested. If you

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Speaker 1: are here illegally, your next you will be fined nearly

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Speaker 1: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 1: never return. But if you register using our CBP home

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Speaker 1: app and leave now, you could be allowed to return legally.

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Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,

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Speaker 1: border and families will be protected.

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Speaker 2: Sponsored by the United States Department of Homeland Security.

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Speaker 3: YouTube too, What's up? What y'all thought y'all wasn't gonna

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Speaker 3: see me.

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Speaker 4: Let's stop playing.

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Speaker 5: Hardest working minute show biz.

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Speaker 4: Let's stop playing. Let's let the team in. I'm gonna

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Speaker 4: let the team in. I'm about justin cameras.

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Speaker 3: I don't like how yeah, d y l University, what's

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Speaker 3: going on? This is gonna be a big one. This

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Speaker 3: is gonna be a big one. A lot of talk

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Speaker 3: of the town sheep, a coin going crazy, bigcoin theoryum

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Speaker 3: Troy's fixing camera during the actual production. First time only

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Speaker 3: this has ever happened. So yeah, this is this is

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Speaker 3: this is this is it.

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Speaker 5: This is it.

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Speaker 3: A lot of people have asked questions for a learn

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Speaker 3: very long period of time. So this is our crypto

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Speaker 3: mastermind that we will be putting on today, and we're gonna,

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Speaker 3: We're gonna, We're gonna get the job done for sure.

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Speaker 3: I mean it's it's even worse now but.

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Speaker 6: Not commercial bread.

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Speaker 7: Oh man, the folks, what all right?

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Speaker 3: Let's do this? All right, you two? I know you

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Speaker 3: guys have not gotten enough of us yet. Yes, okay,

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Speaker 3: so she but to the moon, Yes, she but to

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Speaker 3: the moon.

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Speaker 5: Uh.

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Speaker 3: We are gonna have a very very special this is

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Speaker 3: gonna be special. Like I said, this is like one

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Speaker 3: of these things where one time only you might not

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Speaker 3: never see anything like this ever again. It's is the

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Speaker 3: only time that we've done this publicly, So it's it's

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Speaker 3: gonna be classic. It's gonna be a legendary situation. That's

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Speaker 3: the best way I can really describe it. So before

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Speaker 3: I go into too too much detail, let's let's bring

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Speaker 3: the guys in here, but let's make some announcements while

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Speaker 3: we while we have.

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Speaker 5: Yeah, Troy definitely made it work.

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Speaker 4: I made it words. I'm about to go fix it.

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Speaker 4: I just want to let the guys in.

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Speaker 5: It's like a hurricane, ya crazy.

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Speaker 3: So Africa, we are on our way and we have

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Speaker 3: a networking event in Nigeria. We have a networking event

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Speaker 3: in Legos, Nigeria on Tuesday at seven o'clock. So we

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Speaker 3: need everybody in Nigeria, everybody in Legos to come out.

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Speaker 3: The R s v P link is on our website

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Speaker 3: under earn your Lesion dot com under the Nigerian tab.

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Speaker 5: So check us out. Man.

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Speaker 3: It's gonna be a legendary, monumental event. My first time

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Speaker 3: ever going to Africa, and we leave tomorrow. We leave

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Speaker 3: tomorrow morning. So this is the last thing we we

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Speaker 3: We stopped everything that we had going on for this.

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Speaker 5: So Alistair, what's going on.

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Speaker 6: Brother, what's going on? I'm doing alright, how you guys doing.

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Speaker 3: Ah, we're just trying to figure this camera thing out,

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Speaker 3: you know, it's just uh, it's one of these things.

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Speaker 6: That no worries. I'm trying to figure stuff out here myself.

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Speaker 5: Yeah. That's good. That's good.

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Speaker 3: That's good, you're good, all right, Yes, yeah, that's looking crazy, man.

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Speaker 3: We have a certain standard to Uphell, you can't. You

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Speaker 3: can't play with the shield like now, it's crooked again.

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Speaker 3: It's unbelievable.

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Speaker 5: All right. So Alistair is in the building.

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Speaker 3: Also before we start market Monday's live at the Apollo Theater,

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Speaker 3: shout out to Ian. That's going to be a legendary

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Speaker 3: situation and that is going to be on Black fri

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Speaker 3: So No.

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Speaker 4: Number twenty six. Make sure y'all in there.

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Speaker 5: Make sure y'all get your tickets for that.

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Speaker 8: I told you I don't play ourselves fifteen hundred season

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Speaker 8: there too.

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Speaker 3: Yeah, it's going to go crazy. So all right, here's

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Speaker 3: what I here's what I want to do. I want

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Speaker 3: to just you know, just get everybody familiar what's going on.

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Speaker 3: Then we're going to jump right into it. So every month,

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Speaker 3: the last Wednesday of the month, we have these what's

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Speaker 3: called open enrollments where we have a YouTube live and

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Speaker 3: we pick a different topic. Sometimes it's on real estate,

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Speaker 3: sometimes it's on stocks, today it's on crypto. And what

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Speaker 3: it is is a eyl University class, but it's open

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Speaker 3: to the public. So eyl University we have it every

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Speaker 3: single week. We have a class that we run for

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Speaker 3: eyl University and that's you know, part of eyl University's platform.

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Speaker 3: So once a month we have the Wednesday class is

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Speaker 3: open to the public. So we do this for a

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Speaker 3: variety of different reasons, but you know, we do it

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Speaker 3: for just give you an insight of the world of

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Speaker 3: eyl University.

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Speaker 5: Let you see how it looks.

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Speaker 3: Let you see, you know, the type of classes, the

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Speaker 3: type of education that we provide. So this time we

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Speaker 3: want to do something different. A lot of times we

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Speaker 3: bring our friends on like that have been on the

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Speaker 3: podcast or you know, different people that we have relationships with.

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Speaker 3: But this time we want to do something that was

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Speaker 3: actually homegrown. So we have oh he got the whole

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Speaker 3: oh mag drop and everything.

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Speaker 9: Yeah.

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Speaker 3: So part of Eyo Universities we have clubs. So we

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Speaker 3: have over twenty clubs. We have like real Estate Club,

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Speaker 3: we have a club for earners over fifty. We have

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Speaker 3: a military club. So one of our probably the premier club,

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Speaker 3: no disrespect to any of the club, is the Crypto Club.

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Speaker 3: And the Crypto Club has been on fire. So the

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Speaker 3: Crypto Club is not something like where it just tells

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Speaker 3: you like by this crypto it's actually like education and

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Speaker 3: it's a community and people educate each other and they

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Speaker 3: get people familiar on, you know, what's going on in

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Speaker 3: the crypto space. They brainstorm best practices, talk about new

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Speaker 3: coins on the market, how to invest, security, all that stuff.

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Speaker 3: So it's an actual community within the community. So the

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Speaker 3: president of the Crypto Club is my bro Alistair. He's

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Speaker 3: been on Market Mondays before speaking and he is just

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Speaker 3: a wizard when it comes to cryptocurrency. So he's the

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Speaker 3: president of our Crypto Club. And then the other gentleman

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Speaker 3: that will be joining us today is another EYL professor

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Speaker 3: who has taught a variety of different classes for us

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Speaker 3: on investing and Lawrence. So Lawrence is a young man

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Speaker 3: who I got introduced to who Troy really describes as

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Speaker 3: a stock market genius, investing genius prodigy. Yeah, so this

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Speaker 3: is both. This is in Housetown. I like to do

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Speaker 3: this because it's like, we don't want to just have

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Speaker 3: you know, people that you might have heard of. So,

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Speaker 3: like the whole point, and that's kind of been the

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Speaker 3: whole premise of EYL when we first started and even

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Speaker 3: up to this day, is we introduce the world of people.

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Speaker 3: We've done it with Wall Street Trapper, We've done it

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Speaker 3: with Ian, We've done it with MG.

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Speaker 5: The mortgage Guy. The list goes on. We've done it

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Speaker 5: with Miss Business.

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Speaker 3: So we like to grow talent in house and people

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Speaker 3: that are actually knowledgeable. It doesn't matter how many followers

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Speaker 3: you have, it doesn't matter if you're verified on Instagram.

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Speaker 3: It matters if you know what you're talking about and

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Speaker 3: if you actually can relate to information. So these gentlemen

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Speaker 3: know what they're talking about, their in house talent, and

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Speaker 3: we're very thankful to have them on the platform.

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Speaker 5: So first and foremost, thank you guys for joining us.

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Speaker 5: Appreciate it, thank you, thank you for having thanks.

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Speaker 8: Yeah, I just want to shout out well, right before this,

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Speaker 8: we had a meeting with all the club leaders and

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Speaker 8: one of the things I was speaking about was like,

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Speaker 8: look what value can do. Alie still was part of

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Speaker 8: the book club, started his own the crypto club inside

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Speaker 8: of the university and now he's getting to speak.

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Speaker 4: To the world about his expertise.

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Speaker 8: So that just shows you when you pour value and

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Speaker 8: lead with value, these are the byproducts that so shout

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Speaker 8: out to you again, Ol said yeah, and the pride

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Speaker 8: to himself shout out twenty two, twenty two year old.

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Speaker 8: I feel like Jay when we brought like he brought

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Speaker 8: young christ Hie ninety seven. He's only sixteen, he's only

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Speaker 8: twenty two.

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Speaker 4: Y'all yelling for a street.

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Speaker 3: So we're going to get into this because it's a

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Speaker 3: lot of stuff that's going on right now in the

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Speaker 3: crypto space. Sheba coin has been a talk of the town.

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Speaker 3: Sheba coin. I put a post up that was crazy.

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Speaker 3: If you invest in one dollar in sheba coin at

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Speaker 3: its lowest point and over the last twelve months, it

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Speaker 3: would be worth six hundred thousand dollars.

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Speaker 5: Today it is on fire.

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Speaker 3: It is one of these things that has become like

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Speaker 3: the new doge coin. Everybody's talking about it. It's all

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Speaker 3: over CNBC and CNN and Twitter and all of that stuff.

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Speaker 3: So that's obviously, you know, gets people interested in crypto.

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Speaker 3: Bitcoin of course, has been on fire. It kind of

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Speaker 3: pulled back now, but you know, Bitcoin crossed over sixty

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Speaker 3: thousand dollars last week, so Bitcoin ethereum crossed over four

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Speaker 3: thousand dollars. The total market space is two point seven trillion.

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Speaker 3: And this is something that I think is interesting because

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Speaker 3: I put another post stuff where the whole entire crypto.

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Speaker 5: Space is two point seven trillion.

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Speaker 3: Apple has a market cap of two trillion, So what

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Speaker 3: does that mean? Like one company almost has the market

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Speaker 3: cap of the entire crypto with thousands of crypto coins.

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Speaker 3: So to me, that's encouraging because it still means that

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Speaker 3: there's so much more room to grow, Like this crypto

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Speaker 3: space is still in its infancy. A lot of people get,

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Speaker 3: you know, intimidated and feel like it's too late to

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Speaker 3: invest in crypto. They missed the boat. It's not too late.

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Speaker 3: Crypto currency is in its infancy still and there's a

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Speaker 3: lot more room to grow. So if you haven't invested

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Speaker 3: in crypto, if you don't feel comfortable, this is why

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Speaker 3: we here today to fully educate you. We're going to

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Speaker 3: answer questions. The gentlemen have presentations, they're gonna talk, We're

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Speaker 3: gonna ask them questions. So you're in for a treat

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Speaker 3: and for a treat. So I want to get right

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Speaker 3: into this. Before I get into it, I just want

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Speaker 3: to just explain what EYL University is because this is

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Speaker 3: what we were doing here. So university is an online

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Speaker 3: educational platform that we started over two years ago, and

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Speaker 3: what it is is the actual interactive learning experience, so

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Speaker 3: we do every single week. We have a class where

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Speaker 3: you actually get to ask questions zoom format. But then

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Speaker 3: we actually have monthly financial planning calls with me two hours.

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Speaker 3: Then we have biweekly real estate calls with Matt. We

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Speaker 3: have a book club and a movie club with Troy.

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Speaker 3: We have a Facebook group with over seven thousand members

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Speaker 3: in it. And then my favorite part of the whole

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Speaker 3: situation is the groups. So like I said, we have

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Speaker 3: over twenty groups. We have real estate group, we talk

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Speaker 3: about you know, the earnings on Wall Street, went in,

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Speaker 3: took about stock Stock group, we have the Crypto group.

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Speaker 3: We have all of the different groups. Yeah, and this

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Speaker 3: is these are infinity groups inside of the EYO University.

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Speaker 3: So when we was modeling university, we really modeled it

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Speaker 3: after a real university and took the good parts out

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Speaker 3: of it and took the bad parts took the good

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Speaker 3: parts and threw the bad parts away. So the good

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Speaker 3: parts of a university, I feel like are the infinity groups,

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Speaker 3: people working with each other, building a community. So once again,

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Speaker 3: these two gentlemen are actually in house eyl University professors.

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Speaker 3: So we're gonna have a treat. We're going to talk

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Speaker 3: about the cryptocurrency. We're going to get questions answered, and yeah,

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Speaker 3: we're going to give you an insight to Eyo University.

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Speaker 3: And this is what this whole thing is for, so

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Speaker 3: you if you're interested in joining Eyo University. The last

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Speaker 3: time we did this, we lowered the price for the

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Speaker 3: whole entire year to seven hundred dollars for the year,

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Speaker 3: and we kept that running. But we will be raising

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Speaker 3: that but we're not going to raise it until Friday,

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Speaker 3: So Friday night we will raise it. But right now

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Speaker 3: it's still seven hundred dollars. So that type of value,

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Speaker 3: I don't feel like anybody has ever put together that

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Speaker 3: type of value for seven hundred dollars. We're very cognizant, well,

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Speaker 3: we're very cognizant of our price point and we try

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Speaker 3: to be responsible. I don't criticize anybody's price point, but

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Speaker 3: you know, we feel like, you know, we want to

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Speaker 3: be responsible, but we still have to have some level

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Speaker 3: of you know, a price that is built in the best.

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Speaker 6: Yeah.

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Speaker 3: So seven hundred dollars for all of this for the

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Speaker 3: entire year. So if you're interested, I'll put the link

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Speaker 3: on to ewy University dot com right now and you

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Speaker 3: become an earner. But that's enough of that. Alistair foot coin.

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Speaker 3: Let's let's let's let's let's start with Alistair first. Since

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Speaker 3: he he's on top of the of the screen, Alistair,

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Speaker 3: the floor is yours brother.

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Speaker 4: And you're ready to co host. So if you got

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Speaker 4: to share, you can go all right.

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Speaker 10: Thanks, Uh yeah, I'll share my screen. So I want

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Speaker 10: to start out with bitcoin because bitcoin is the one

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Speaker 10: coin that moves everything else. It's like it's the granddaddy

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Speaker 10: of it all. And I want to talk about the

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Speaker 10: Bitcoin cycles because it's very important to know about the

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Speaker 10: cycles of bitcoin, even if you're not currently invested in it.

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Speaker 10: I know some people may have started their investing journey

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Speaker 10: with Doge or Shiba, but you really have to look

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Speaker 10: at bitcoin because it dictates goes what goes on in

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Speaker 10: the cryptocurrency market. Now, one metric that a lot of

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Speaker 10: bitcoiners use in order to predict the price of bitcoin

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Speaker 10: is the stock to flow ratio. And the stock to

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Speaker 10: flow ratio is something that has been used in commodities

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Speaker 10: a lot, and what it basically measures is the current

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Speaker 10: stock of bitcoin compared to how much new bitcoin enters

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Speaker 10: the market, and they use that in order to predict

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Speaker 10: the price.

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Speaker 6: And they do that around what's.

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Speaker 10: Called the bitcoin having, and the bitcoin having just means

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Speaker 10: that they cut them out of bitcoin that's being created

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Speaker 10: in half, and that happens every four years, and around

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Speaker 10: every four years we see these bitcoin you know, run

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Speaker 10: ups in price. We see like these great spikes. So

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Speaker 10: this is one chart that I like to look at

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Speaker 10: for the long term. And what we can see here

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Speaker 10: is that the color full lines are the bitcoin price

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Speaker 10: and this straight black line is the stock to flow

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Speaker 10: estimation of the price at that time. So what we

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Speaker 10: see here is that as time goes on and as

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Speaker 10: less bitcoin is being created, the price goes up, but

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Speaker 10: we see that it doesn't follow it exactly. It follows it,

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Speaker 10: but it does follow the trend somewhat. And right now

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Speaker 10: we're right here, so at this point in the stock

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Speaker 10: to flow ratio, bitcoin is estimated to be They estimated

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Speaker 10: to be at about one hundred thousand around this time,

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Speaker 10: and right now is at around sixty thousands. So we're

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Speaker 10: under the stock to flow, but we're still following that trajectory.

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Speaker 10: And this is important to know about, like I said

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Speaker 10: about the stock to flow ratio, because when Bitcoin tends

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Speaker 10: to run up during its during its marketing market cycles,

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Speaker 10: everything goes with it with it's doe shiver everything. And

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Speaker 10: just to show you a history of this, I have

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Speaker 10: a couple of charts. So this is a site called

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Speaker 10: coin market cap. You might be familiar with this if

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Speaker 10: you're researching coins.

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Speaker 3: Yeah, talk Can you talk about that? Because I wanted

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Speaker 3: I want I want this to be a full education

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Speaker 3: for people, because I know some people might not have

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Speaker 3: any expertise in crypto at all. So coin market cap

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Speaker 3: is a very important website, the first website that I

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Speaker 3: got introduced to. So can you talk about coin market cap?

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Speaker 10: Definitely. So coin market cap is I use it as

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Speaker 10: like a research site. But what it does is it

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Speaker 10: basically gives you a list of all of the coins

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Speaker 10: that are available. And right now it's probably nine thousand

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Speaker 10: last time I checked. It's probably more because there are

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Speaker 10: more coins being created every day, but coin market cap

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Speaker 10: is usually the first place you would go if you

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Speaker 10: want to research a coin. And what I have up

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Speaker 10: here right now is just a snapshot of what it

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Speaker 10: looked like in the symbol of twenty thirteen. So of

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Speaker 10: course we have Bitcoin, which was still at the top

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Speaker 10: at nine hundred dollars. But if we look at the

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Speaker 10: top ten here, I mean like coin some of you

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Speaker 10: may know if you follow crypto if you don't, like

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Speaker 10: coin is one of those at one point premiere coins.

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Speaker 10: We have XRP, but we also have peer coin name

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Speaker 10: coin mega coin that also had these dramatic price increases,

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Speaker 10: and if you go and look at coin market cap today,

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Speaker 10: these coins are nowhere to be found. So one thing

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Speaker 10: we see is that Bitcoin has the staying power and

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Speaker 10: it drives the market, but a lot of the other

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Speaker 10: coins may not have.

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Speaker 6: That staying power.

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Speaker 10: And again it all goes back to Bitcoin being the

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Speaker 10: driver of the market because of these havings that happen

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Speaker 10: every four years. Actually, now the prices are coming back up.

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Speaker 10: So as we see here, we have this doctor flow

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Speaker 10: estimates about one hundred and eight thousand dollars bigcoin should

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Speaker 10: be right now, which is within range of what I mean,

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Speaker 10: we could possibly go to one hundred and eight thousand

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Speaker 10: this year. That's what a lot of the low ball

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Speaker 10: predictions have Bitcoin going to. So and again this trend

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Speaker 10: continues on in twenty seventeen. This is a snapshot from

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Speaker 10: twenty seventeen. Looks a little bit different, but at the

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Speaker 10: same time we have Bitcoin at the top. Of course,

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Speaker 10: this is where we see Ethereum, Bitcoin Cash, XRP. But

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Speaker 10: again the top ten looks nothing like it does in

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Speaker 10: twenty thirteen. And if we look at it today, we

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Speaker 10: have a whole host of different coins making their way

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Speaker 10: in the top ten. So Bitcoin Ethereum is still number two.

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Speaker 10: You notice we no longer see light coin in the

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Speaker 10: top ten, XRPS at number seven sliding out, but we

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Speaker 10: have different coins. We have Doge, and of course the

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Speaker 10: coin that everybody's so crazy about right now is Shouba.

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Speaker 10: And I'll bring this up to say that these coins

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Speaker 10: tend to come and go. There are a few coins

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Speaker 10: that really have that staying power for the long haul.

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Speaker 10: So if you're looking at investing, you really want to

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Speaker 10: find those coins that can at least stay relevant for

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Speaker 10: several market cycles. You don't want to get caught up

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Speaker 10: in the hype of certain coins unless you're a trader

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Speaker 10: and you know how to properly set your entry and

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Speaker 10: your exits. This is just a history lesson that I

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Speaker 10: like to show people because when they see the types

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Speaker 10: of returns that crypto offers, one thing I say is like, yeah, welcome.

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Speaker 10: Just watch out for the bear market because as fast

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Speaker 10: as these coins go up, as fast as these coins

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Speaker 10: go down and end up in irrelevance, and this market cycle,

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Speaker 10: I would say it's been dominated a lot by even

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Speaker 10: though we have Shibba Indulge coin. Smart contracts have really

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Speaker 10: been the thing that has been the story of this

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Speaker 10: market cycle. And for those of you who don't know,

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Speaker 10: a smart contract is the best way I can describe

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Speaker 10: it is a program on a computer that handles money

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Speaker 10: and executes business logic. And because of those smart contracts,

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Speaker 10: we have a coin like Shiba Shuba is actually a

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Speaker 10: smart contract on the Ethereum blockchain. And if we see,

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Speaker 10: like if we look right here, if you look at

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Speaker 10: the end of to date of these smart contract platforms,

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Speaker 10: you could have invested in pretty much any of them,

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Speaker 10: just picked them and you would have gotten a nice

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Speaker 10: return except for in their computer, but anything else with

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Speaker 10: this Ethereum, Cardinal, Solana.

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Speaker 5: So let's let's let's let's talk about this. This is important.

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Speaker 3: Like I said, we're gonna talk about shit, but we're

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Speaker 3: going to give you guys some what you need. If

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Speaker 3: you're interested in a cryptocurrency, you need a full education

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Speaker 3: before you invest. This is what This is why we

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Speaker 3: call it eyl University. It's like a real full education.

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Speaker 3: So what you're explaining right now when you talk about Ethereum, Cardana, Solana,

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Speaker 3: Polka Dot, these are all platforms that you can actually

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Speaker 3: build a coin.

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Speaker 6: Off of, that's correct.

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Speaker 3: So this is so, this is why when you see

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Speaker 3: the rates of returns like Ethereum four hundred percent, Cardana

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Speaker 3: one thousand percent, Polka Dot three hundred and ninety two percent,

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Speaker 3: because it makes sense like these are actually the highways

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Speaker 3: that the cars are actually driving on, right.

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Speaker 6: That's correct.

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Speaker 10: So you can you can build coins on these smart

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Speaker 10: contract platforms. You can build lending protocols or lending apps,

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Speaker 10: you can build exchange apps. So the amount of creativity

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Speaker 10: that you have, you can actually use it on these

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Speaker 10: different platforms to build some that you can have. So

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Speaker 10: when I so you can use these smart contract platforms

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Speaker 10: to build something any sort of financial products that you

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Speaker 10: would find in traditional finance. And this is what's really

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Speaker 10: been driving a lot of what's been happening in cryptocurrency

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Speaker 10: for this cycle. And the reason why is because of

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Speaker 10: decentralized finance and staking. So those are the two I

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Speaker 10: kind of group them together because it's really about earning

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Speaker 10: a return on your investment outside of the financial system.

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Speaker 10: Now to discuss to go into staking. Staking is one

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Speaker 10: of the strategies that you can use to earn interest

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Speaker 10: on your crypto assets. And one website I like to

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Speaker 10: go to to look at different returns for crypto assets

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Speaker 10: at steak andrewards dot com. And when you go to

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Speaker 10: stakanrewards dot com, it shows you the type of rewards

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Speaker 10: that you can get. So for Solana, you're getting six

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Speaker 10: percent back if you stake your Solana. And when I

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Speaker 10: say staking, what I mean is that when you stak

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Speaker 10: your assets.

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Speaker 6: What you're doing.

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Speaker 10: What you're doing is you're locking your assets into the

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Speaker 10: protocol itself. And if there's a staking node running, the

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Speaker 10: steaking node would actually add transactions to the blockchain and

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Speaker 10: for adding those transactions to the blockchain, you get a reward.

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Speaker 10: So for Solana it's six percent, for Cardono it's six

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Speaker 10: point zero one percent. So instead of having your coin

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Speaker 10: sitting on coin base or binance, you can take your

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Speaker 10: coins off of the exchange. You can stake them. That way,

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Speaker 10: you can have some residual income coming in.

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Speaker 4: Alista real quick.

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Speaker 8: So proof of steak is obviously you're just getting paid

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Speaker 8: for having the coin and allowing people to build off

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Speaker 8: of it correct.

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Speaker 7: Uh somewhat.

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Speaker 10: So you're getting paid for adding new blocks to a blockchain.

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Speaker 10: But in order to do that, you have to put

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Speaker 10: up some of your assets, and they do that as

438
00:24:07,240 --> 00:24:11,240
Speaker 10: a way to prevent any bad behavior, because if you

439
00:24:12,240 --> 00:24:15,600
Speaker 10: add any sort of transactions that are not correct, then

440
00:24:16,200 --> 00:24:19,600
Speaker 10: your steak gets slash, meaning that they remove a portion

441
00:24:19,720 --> 00:24:25,119
Speaker 10: of the assets that you put up. So you have

442
00:24:25,200 --> 00:24:28,600
Speaker 10: the you can earn an interest on it, but if

443
00:24:28,680 --> 00:24:33,160
Speaker 10: something bad happens, you can actually lose your coins.

444
00:24:34,320 --> 00:24:35,960
Speaker 8: A lot of people will hear those two things. They'll

445
00:24:35,960 --> 00:24:38,600
Speaker 8: hear proof of steak firsut proof of work. And I

446
00:24:38,600 --> 00:24:41,399
Speaker 8: know one of those things is you know Etherium is

447
00:24:41,440 --> 00:24:43,280
Speaker 8: one of those platform that's going from one to the other.

448
00:24:43,320 --> 00:24:45,040
Speaker 8: Can you just touch on what proof of work is

449
00:24:45,040 --> 00:24:46,240
Speaker 8: as opposed to proof of steak.

450
00:24:47,760 --> 00:24:51,680
Speaker 6: So proof of work is different from proof of steak.

451
00:24:52,440 --> 00:24:54,160
Speaker 6: And one of.

452
00:24:54,080 --> 00:24:57,600
Speaker 10: The things you hear about proof of work is about

453
00:24:57,640 --> 00:25:00,240
Speaker 10: the energy costs. But with proof of work he does

454
00:25:00,280 --> 00:25:05,800
Speaker 10: the same thing. You're still mining transactions, but instead of

455
00:25:07,240 --> 00:25:11,639
Speaker 10: putting your coins up, you're using a more energy intensive

456
00:25:11,680 --> 00:25:18,520
Speaker 10: process to add the new transactions to the blockchain, versus

457
00:25:18,600 --> 00:25:22,520
Speaker 10: proof of steak, where you're not using that energy intensive process.

458
00:25:22,920 --> 00:25:25,240
Speaker 10: You're putting your coins up. And the goal of all

459
00:25:25,240 --> 00:25:29,480
Speaker 10: of this is just is to add more transactions to

460
00:25:29,520 --> 00:25:34,000
Speaker 10: the blockchain. They're just two different ways of doing it.

461
00:25:34,040 --> 00:25:37,800
Speaker 10: And with Ethereum two point zero, Ethereum is actually moving

462
00:25:37,920 --> 00:25:41,200
Speaker 10: over to proof of steak. It's currently proof of work,

463
00:25:41,240 --> 00:25:44,240
Speaker 10: but the proof of steak chain is actually you're actually

464
00:25:44,280 --> 00:25:46,560
Speaker 10: able to stake on that proof of steak chain, and

465
00:25:46,720 --> 00:25:50,040
Speaker 10: Ethereum should be doing what they're calling it the merge.

466
00:25:50,119 --> 00:25:52,880
Speaker 10: I think that happens in Q one of twenty twenty two,

467
00:25:53,320 --> 00:25:56,160
Speaker 10: So by that time your Ethereum should be a full

468
00:25:56,200 --> 00:25:58,879
Speaker 10: proof of steak chain and that should help with some

469
00:25:58,920 --> 00:26:01,320
Speaker 10: of the high gas fees that people complain about.

470
00:26:01,359 --> 00:26:02,919
Speaker 6: And if you don't know about gas fees.

471
00:26:03,400 --> 00:26:07,520
Speaker 10: Gas fees are what you pay in order to conduct

472
00:26:07,520 --> 00:26:09,640
Speaker 10: a transaction on the Ethereum network.

473
00:26:11,000 --> 00:26:12,520
Speaker 3: So how do you how do you think that that

474
00:26:12,560 --> 00:26:15,560
Speaker 3: will affect Ethereum as far as you know price targets

475
00:26:15,560 --> 00:26:17,120
Speaker 3: and things of that nature when it switches over.

476
00:26:18,520 --> 00:26:21,840
Speaker 10: So for price targets, I think it's definitely going to

477
00:26:21,920 --> 00:26:26,800
Speaker 10: have a positive influence on the price uh, mainly because

478
00:26:26,800 --> 00:26:29,640
Speaker 10: like for one thing, gas fees. One of the main

479
00:26:30,400 --> 00:26:33,879
Speaker 10: hindrances right now when using Ethereum, especially for new people

480
00:26:33,880 --> 00:26:37,720
Speaker 10: coming on, is the gas That's why we've seen a

481
00:26:37,760 --> 00:26:42,720
Speaker 10: lot of the other smart contract platforms rise platforms like Solana,

482
00:26:42,760 --> 00:26:44,119
Speaker 10: Cardino Avalanche.

483
00:26:44,480 --> 00:26:46,360
Speaker 6: But when Ethereum moves over.

484
00:26:46,240 --> 00:26:52,200
Speaker 10: To proof of steak, you're you'll see lower gas fees,

485
00:26:52,240 --> 00:26:55,520
Speaker 10: you'll have higher higher transaction throughputs, so you'll be able

486
00:26:55,520 --> 00:26:58,760
Speaker 10: to do more on the Ethereum network, and that should

487
00:26:58,800 --> 00:26:59,760
Speaker 10: push the price.

488
00:27:00,480 --> 00:27:01,400
Speaker 6: UH.

489
00:27:01,600 --> 00:27:05,280
Speaker 10: One thing one theory that's been going on, or when

490
00:27:05,359 --> 00:27:08,479
Speaker 10: talking point they talk about is going back to bitcoin.

491
00:27:08,520 --> 00:27:11,280
Speaker 10: Bitcoin has a having every four years. They say, the

492
00:27:11,320 --> 00:27:15,000
Speaker 10: effect of this merge happening for Ethereum two point zero

493
00:27:15,520 --> 00:27:21,000
Speaker 10: could be like three havings in one So if you

494
00:27:21,040 --> 00:27:24,120
Speaker 10: look at how every having the bitcoin price goes up,

495
00:27:24,480 --> 00:27:26,560
Speaker 10: they expect that to happen for ethereum as well. But

496
00:27:26,640 --> 00:27:29,800
Speaker 10: that's one of the uh, that's one of the theories that

497
00:27:29,800 --> 00:27:32,600
Speaker 10: that's out there. But it's definitely gonna have a bullish

498
00:27:32,680 --> 00:27:37,720
Speaker 10: impact on the price, gotcha, just because it just makes

499
00:27:37,760 --> 00:27:44,760
Speaker 10: it more user friendly. And again, like going back into

500
00:27:45,640 --> 00:27:52,159
Speaker 10: smart contracts, there's something called decentralized finance, and I like

501
00:27:52,200 --> 00:27:56,400
Speaker 10: to describe the centralized finance as being able to use

502
00:27:56,520 --> 00:28:00,000
Speaker 10: financial products and use financial services without having to build

503
00:28:00,080 --> 00:28:05,760
Speaker 10: to a traditional financial institution. So that's lending, that's you know,

504
00:28:05,840 --> 00:28:10,760
Speaker 10: trading derivatives, and a lot of the things that you

505
00:28:10,840 --> 00:28:13,959
Speaker 10: can do in the financial system right now, you can

506
00:28:14,000 --> 00:28:16,120
Speaker 10: do it in DeFi. Even as far as creating your

507
00:28:16,119 --> 00:28:19,959
Speaker 10: own index funds, all of that is available to you

508
00:28:20,119 --> 00:28:21,600
Speaker 10: in decentralized finance.

509
00:28:23,200 --> 00:28:25,680
Speaker 5: Now, can we can we can we just talk? Yeah?

510
00:28:25,680 --> 00:28:29,200
Speaker 3: I want to just DeFi is extremely extremely important. When

511
00:28:29,200 --> 00:28:32,600
Speaker 3: Mark Cuban came on Market Mondays, he said, if he

512
00:28:32,720 --> 00:28:36,480
Speaker 3: was just starting out with fifteen hundred dollars, the main

513
00:28:36,560 --> 00:28:37,000
Speaker 3: thing that he.

514
00:28:36,920 --> 00:28:38,240
Speaker 5: Will focus on is defile.

515
00:28:38,880 --> 00:28:42,080
Speaker 3: He said, he would that's like, that's everything and you know,

516
00:28:42,120 --> 00:28:45,360
Speaker 3: obviously Mark Cuban is worth three billion dollars, so when

517
00:28:45,400 --> 00:28:47,000
Speaker 3: he said that, a lot of people you know, was

518
00:28:47,080 --> 00:28:50,040
Speaker 3: interested in DeFi. So yeah, I want I want to

519
00:28:50,040 --> 00:28:52,400
Speaker 3: just I wanted to just say that before you go

520
00:28:52,480 --> 00:28:54,680
Speaker 3: into it, just to kind of preference it. Like that's

521
00:28:54,680 --> 00:28:57,440
Speaker 3: something that Mark Cuban is said on our platform a

522
00:28:57,480 --> 00:29:00,360
Speaker 3: while ago. So it's very important that we covered. Is

523
00:29:00,480 --> 00:29:01,800
Speaker 3: defile situation.

524
00:29:02,520 --> 00:29:07,080
Speaker 10: Sure, definitely. So DeFi, like I said, it gives you

525
00:29:07,240 --> 00:29:11,720
Speaker 10: access to certain financial products and services without having to

526
00:29:11,760 --> 00:29:14,520
Speaker 10: go to a bank. So one side I like to

527
00:29:14,560 --> 00:29:18,760
Speaker 10: go to the research anything happening in DeFi is DeFi

528
00:29:18,840 --> 00:29:22,720
Speaker 10: Lama and this is a site that gives you all

529
00:29:22,760 --> 00:29:26,360
Speaker 10: of the different uh DeFi apps that you can use

530
00:29:26,480 --> 00:29:33,840
Speaker 10: across any blockchain. So whether that be ethereum Solana, avalanche,

531
00:29:34,720 --> 00:29:38,640
Speaker 10: it has it's sort of like the coin market cap,

532
00:29:38,720 --> 00:29:43,120
Speaker 10: but for DeFi. And when we look at here, when

533
00:29:43,160 --> 00:29:46,400
Speaker 10: we look at this this dashboard right now, there's two

534
00:29:46,480 --> 00:29:49,720
Speaker 10: hundred and fifty three billion dollars locked in DeFi. And

535
00:29:49,720 --> 00:29:51,760
Speaker 10: when I say locked, that means people have taken their

536
00:29:51,800 --> 00:29:54,600
Speaker 10: money off of exchanges. They're taken there where there's eight

537
00:29:55,440 --> 00:29:58,960
Speaker 10: uh Solana whatever they've taken it off of Coinbase, they've

538
00:29:59,000 --> 00:30:02,800
Speaker 10: taken it off of buying, and they're using it now

539
00:30:03,000 --> 00:30:10,640
Speaker 10: in DeFi. And with DeFi you have different apps that

540
00:30:10,680 --> 00:30:15,160
Speaker 10: you can use. There's lending, there's exchanges, there's asset management,

541
00:30:15,600 --> 00:30:20,720
Speaker 10: there's insurance, there's most of the most of the same

542
00:30:20,720 --> 00:30:23,960
Speaker 10: products that you can get traditionally you can get in DeFi.

543
00:30:24,720 --> 00:30:28,680
Speaker 10: And one of the biggest platforms in DFI right now

544
00:30:28,840 --> 00:30:35,480
Speaker 10: is AVE. Ave has about eighteen billion dollars locked, meaning

545
00:30:35,480 --> 00:30:39,959
Speaker 10: they're managing eighteen billion dollars in value. And the crazy

546
00:30:39,960 --> 00:30:41,680
Speaker 10: thing about this, what a lot of people don't get

547
00:30:41,760 --> 00:30:44,040
Speaker 10: is that in order to use AVE, you don't have

548
00:30:44,120 --> 00:30:47,840
Speaker 10: to sign up with You don't need your Social Security number,

549
00:30:48,120 --> 00:30:50,920
Speaker 10: you don't need to fill out any applications, you don't

550
00:30:50,920 --> 00:30:54,160
Speaker 10: need to go through any of that process. As long

551
00:30:54,240 --> 00:30:57,520
Speaker 10: as you have a wallet with some assets in the wallet,

552
00:30:57,960 --> 00:31:01,240
Speaker 10: you can go onto AVE and be able to save

553
00:31:01,360 --> 00:31:05,440
Speaker 10: money and earn interest on that money, so you can

554
00:31:05,560 --> 00:31:07,320
Speaker 10: use AVE as a savings account.

555
00:31:07,680 --> 00:31:09,760
Speaker 8: Alis the real quick because I'm glad that you said

556
00:31:09,800 --> 00:31:11,880
Speaker 8: the word wallet, because I get this question a lot

557
00:31:11,880 --> 00:31:12,400
Speaker 8: of times.

558
00:31:12,960 --> 00:31:15,640
Speaker 4: Can you just go over what a wallet is? Let's

559
00:31:15,640 --> 00:31:16,640
Speaker 4: talk hard wallet.

560
00:31:16,680 --> 00:31:21,160
Speaker 8: Let's talk coal wallet. Let's clear up the definition of

561
00:31:21,240 --> 00:31:22,400
Speaker 8: wallets in the different types.

562
00:31:23,280 --> 00:31:27,400
Speaker 10: Sure, so there, like you said, there's the hot wallet

563
00:31:27,440 --> 00:31:31,920
Speaker 10: and the coal wallet. But a wallet is essentially an

564
00:31:31,960 --> 00:31:37,280
Speaker 10: account where you hold your assets. And you have hot

565
00:31:37,320 --> 00:31:39,680
Speaker 10: wallets and coal wallets. Hot wallets are connected to the

566
00:31:39,720 --> 00:31:43,320
Speaker 10: internet and coal wallets are usually a piece of hardware,

567
00:31:44,560 --> 00:31:46,720
Speaker 10: but they both serve the same function. It's just a

568
00:31:46,760 --> 00:31:49,920
Speaker 10: way for you to hold your assets in your own

569
00:31:49,960 --> 00:31:54,920
Speaker 10: custody instead of keeping it on a coinbase or Gemini

570
00:31:55,360 --> 00:32:01,760
Speaker 10: or a binance. And the thing with the wallet is

571
00:32:03,480 --> 00:32:05,520
Speaker 10: when you start, when you set up your wallet, you're

572
00:32:05,560 --> 00:32:08,880
Speaker 10: giving what's called a private key, and that private key

573
00:32:09,760 --> 00:32:12,360
Speaker 10: is you can think of that as the key to

574
00:32:12,880 --> 00:32:15,720
Speaker 10: your vault. If you lose that private key, then you

575
00:32:15,800 --> 00:32:18,560
Speaker 10: lose access to the vault. If if somebody else gets

576
00:32:18,680 --> 00:32:21,440
Speaker 10: a hold of that key, then they also have access

577
00:32:21,480 --> 00:32:25,320
Speaker 10: to the vault. And so it's very important that you

578
00:32:25,400 --> 00:32:29,320
Speaker 10: keep that private key safe. Another strategy that I always

579
00:32:29,360 --> 00:32:33,080
Speaker 10: recommend is to have multiple wallets. And I say that

580
00:32:33,160 --> 00:32:35,840
Speaker 10: because the blockchain is a public place. So if you

581
00:32:35,920 --> 00:32:37,960
Speaker 10: have one wallet and you have all your assets in

582
00:32:38,000 --> 00:32:41,240
Speaker 10: that wallet, if I know your address, I can actually

583
00:32:41,240 --> 00:32:42,960
Speaker 10: go into your wallet and see what you have. I

584
00:32:43,040 --> 00:32:46,240
Speaker 10: actually did this on one of the crypto calls where

585
00:32:46,280 --> 00:32:48,600
Speaker 10: we actually looked at what was in Mark Cuban's wallet.

586
00:32:49,240 --> 00:32:54,080
Speaker 10: So that's just an interesting tidbit, like always have multiple.

587
00:32:53,680 --> 00:32:56,680
Speaker 4: Wallets, allegedly allegedly.

588
00:32:56,720 --> 00:33:01,720
Speaker 8: I mean, I'm glad you cleared that up in and

589
00:33:01,720 --> 00:33:03,800
Speaker 8: I see a lot of people typing yes, so they say,

590
00:33:03,920 --> 00:33:05,240
Speaker 8: is a nano ledger a wallet.

591
00:33:05,320 --> 00:33:07,400
Speaker 4: Yes, it's a wallet, but that does not live.

592
00:33:07,280 --> 00:33:10,800
Speaker 8: On the internet, right, so that would not qualify under

593
00:33:10,840 --> 00:33:13,040
Speaker 8: the definition of a hot wallet.

594
00:33:13,600 --> 00:33:18,400
Speaker 10: No, yeah, it is. Yeah, a nano ledger is a

595
00:33:18,400 --> 00:33:22,240
Speaker 10: cold or with some people would call it a hardware

596
00:33:22,280 --> 00:33:24,920
Speaker 10: wallet because it's on a piece of hardware. An example

597
00:33:24,920 --> 00:33:30,240
Speaker 10: of a hot wallet would be meta Mask, and meta

598
00:33:30,280 --> 00:33:32,920
Speaker 10: Mask is the main wallet. It's like the number one

599
00:33:32,960 --> 00:33:40,840
Speaker 10: wallet for use in DeFi, and it's a very convenient

600
00:33:40,840 --> 00:33:43,520
Speaker 10: wallet to have because you're able to use the meta

601
00:33:43,560 --> 00:33:45,560
Speaker 10: mask to connect to some of these apps. Like I

602
00:33:45,560 --> 00:33:48,880
Speaker 10: said before, when you connect to AVE or when you

603
00:33:48,920 --> 00:33:53,239
Speaker 10: connect to any other DeFi protocol, you don't sign up

604
00:33:53,240 --> 00:33:55,800
Speaker 10: on anything. All you do is you connect your wallet

605
00:33:56,600 --> 00:34:03,680
Speaker 10: and you use the protocol. So I can actually show

606
00:34:04,160 --> 00:34:10,759
Speaker 10: an example of that. Actually, before I get there, I

607
00:34:10,840 --> 00:34:15,040
Speaker 10: just want to show more of DeFi because going back

608
00:34:15,080 --> 00:34:18,520
Speaker 10: to Shuba, one of the things that I heard from

609
00:34:18,560 --> 00:34:21,480
Speaker 10: people about SUBA is that SUBA is going to be

610
00:34:21,560 --> 00:34:29,000
Speaker 10: creating a decentralized exchange. And that's two. And they bring

611
00:34:29,000 --> 00:34:32,759
Speaker 10: in they started the decentralized exchange because defile, like I said,

612
00:34:32,800 --> 00:34:35,080
Speaker 10: it's very hot right now people are using it. But

613
00:34:36,080 --> 00:34:38,880
Speaker 10: if we look at what subar swap is doing, and

614
00:34:38,920 --> 00:34:46,560
Speaker 10: subar swap is what's called a decentralized exchange. So I

615
00:34:46,560 --> 00:34:48,719
Speaker 10: would want to know from like, if you can just

616
00:34:48,880 --> 00:34:51,239
Speaker 10: show of hands, how many of you have actually used

617
00:34:51,239 --> 00:34:58,680
Speaker 10: subar swap. And I bring that up because a lot

618
00:34:58,680 --> 00:35:03,080
Speaker 10: of people bought into ship the for the reason that, oh, well,

619
00:35:03,080 --> 00:35:05,279
Speaker 10: they're going to be creating an exchange. But if you

620
00:35:05,360 --> 00:35:10,080
Speaker 10: look down here, it's it's really not much that they're

621
00:35:10,120 --> 00:35:12,319
Speaker 10: managing in their exchange. It's only four hundred and sixty

622
00:35:12,360 --> 00:35:15,279
Speaker 10: seven million dollars in value. Compare that to some of

623
00:35:15,280 --> 00:35:17,719
Speaker 10: the top protocols like Curve and Sushi swap, they're in

624
00:35:17,719 --> 00:35:20,560
Speaker 10: the billions of dollars in value. And then I'm also

625
00:35:20,600 --> 00:35:25,360
Speaker 10: looking at this market cap to total value locked it's

626
00:35:25,440 --> 00:35:28,000
Speaker 10: when these are under one or somewhere around there that's

627
00:35:28,000 --> 00:35:31,759
Speaker 10: a good value. But if we I calculated Shibba and

628
00:35:31,800 --> 00:35:34,000
Speaker 10: it was that sixty six percent, and what that means

629
00:35:34,120 --> 00:35:37,320
Speaker 10: is that compared to its market cap and the amount

630
00:35:37,360 --> 00:35:38,000
Speaker 10: of value.

631
00:35:37,719 --> 00:35:40,400
Speaker 6: That's actually being manager on that exchange.

632
00:35:41,600 --> 00:35:44,680
Speaker 10: Like it's greatly overvalue compared to a lot of the

633
00:35:44,719 --> 00:35:48,200
Speaker 10: other decentralized exchanges in DeFi.

634
00:35:51,520 --> 00:35:54,400
Speaker 3: So let's let's do this for a minute because I

635
00:35:54,400 --> 00:35:56,680
Speaker 3: want to. I want to get to questions as well,

636
00:35:57,080 --> 00:35:58,799
Speaker 3: and that's going to be the bad part of the

637
00:35:59,400 --> 00:36:01,640
Speaker 3: So I know you have some more stuff, but I

638
00:36:01,680 --> 00:36:05,920
Speaker 3: want to bring Lawrence in to to speak before we

639
00:36:05,960 --> 00:36:12,160
Speaker 3: go to Q and A. So Lawrence, Lawrence, you ready, yes.

640
00:36:12,040 --> 00:36:14,640
Speaker 7: Sir, I'm locked and loaded, all right, all right?

641
00:36:14,680 --> 00:36:19,640
Speaker 3: Brother, So yeah, Lawrence Eyo, University professor, a wizard, whiz kid,

642
00:36:20,800 --> 00:36:23,919
Speaker 3: let's talk about let's talk about crypto and I want

643
00:36:23,920 --> 00:36:26,399
Speaker 3: to also, don't worry, we're gonna answer questions too, because

644
00:36:26,400 --> 00:36:29,480
Speaker 3: I realized that everybody's at different stages of this. So

645
00:36:29,840 --> 00:36:33,600
Speaker 3: what I don't want people to do is become discouraged

646
00:36:33,640 --> 00:36:35,759
Speaker 3: if you don't know, if you don't understand the conversation.

647
00:36:35,880 --> 00:36:38,520
Speaker 3: So don't worry staying. We're going to talk about, you know,

648
00:36:38,680 --> 00:36:40,719
Speaker 3: basic stuff as far as how they get started, and

649
00:36:40,800 --> 00:36:43,520
Speaker 3: you know the basic level. You know, I'm the I'm

650
00:36:43,560 --> 00:36:45,880
Speaker 3: the third grade guy when it comes to explaining things,

651
00:36:45,880 --> 00:36:48,880
Speaker 3: so you know, I'm very cognizant of that, and I

652
00:36:48,960 --> 00:36:51,960
Speaker 3: understand that everybody's at different price points, but it's important

653
00:36:52,000 --> 00:36:54,320
Speaker 3: to know you know all of this information.

654
00:36:54,440 --> 00:36:58,439
Speaker 5: So Lawrence, Yeah, let's get into this all.

655
00:36:58,400 --> 00:37:00,279
Speaker 7: Right, you sir, appreciate it. I'll got it to share

656
00:37:00,360 --> 00:37:06,360
Speaker 7: my Speren definitely big time shout out to Eyl. Appreciate

657
00:37:06,400 --> 00:37:08,759
Speaker 7: you guys for having me on as always. I loved

658
00:37:08,760 --> 00:37:12,239
Speaker 7: always being here and appreciate the energy. I'm excited. So

659
00:37:12,280 --> 00:37:14,319
Speaker 7: I wanted to talk about a couple of things I'm

660
00:37:14,320 --> 00:37:18,080
Speaker 7: pretty much gonna get started crypto investing in twenty twenty one,

661
00:37:19,080 --> 00:37:21,480
Speaker 7: and why security is like, honestly one of the most

662
00:37:21,520 --> 00:37:24,160
Speaker 7: important things. A lot of times people just want to

663
00:37:24,200 --> 00:37:27,560
Speaker 7: hop right into crypto, don't know anything about it. And

664
00:37:27,600 --> 00:37:30,040
Speaker 7: one of the biggest things that I found when I

665
00:37:30,080 --> 00:37:34,160
Speaker 7: started investing in cryptocurrency back in twenty seventeen was that

666
00:37:34,320 --> 00:37:37,160
Speaker 7: so many people have made so much money off of

667
00:37:37,200 --> 00:37:40,239
Speaker 7: crypto but never were able to properly secure it. So

668
00:37:40,360 --> 00:37:42,000
Speaker 7: one of the things that he was just talking about

669
00:37:42,080 --> 00:37:43,960
Speaker 7: is really really key when it comes to crypto, and

670
00:37:43,960 --> 00:37:46,480
Speaker 7: that's securing your assets. I actually have right here in

671
00:37:46,560 --> 00:37:49,680
Speaker 7: front of me a Ledger security device and it's a

672
00:37:49,760 --> 00:37:52,640
Speaker 7: Legend nano S, and I also have legerd nanto xs,

673
00:37:52,680 --> 00:37:54,600
Speaker 7: and so I'm going to break down the difference of

674
00:37:54,680 --> 00:37:57,560
Speaker 7: the legdo s and the legerdnao X and why it's

675
00:37:57,600 --> 00:38:03,440
Speaker 7: important to have these wallets. These wallets come with typically

676
00:38:03,440 --> 00:38:06,840
Speaker 7: anywhere in between an eighteen and twenty four word phrase

677
00:38:06,920 --> 00:38:09,359
Speaker 7: that you may have to remember. You can write it down,

678
00:38:09,400 --> 00:38:12,040
Speaker 7: have it in your noes multiple places, so you can

679
00:38:12,120 --> 00:38:16,920
Speaker 7: actually send your crypto back and forth from coinbase, Gemini, Uphold,

680
00:38:16,920 --> 00:38:20,440
Speaker 7: whatever platform that you're using. When you hold your crypto

681
00:38:20,480 --> 00:38:23,120
Speaker 7: on this, you actually own your crypto. When you're buying

682
00:38:23,160 --> 00:38:25,960
Speaker 7: it on Robinhood and you're buying it on these platforms,

683
00:38:25,960 --> 00:38:28,160
Speaker 7: you don't really own your crypto. When you put it

684
00:38:28,200 --> 00:38:32,279
Speaker 7: onto this, your own platform, you own your crypto. There

685
00:38:32,360 --> 00:38:35,000
Speaker 7: is no fraud department one eight hundred number to call saying,

686
00:38:35,080 --> 00:38:38,000
Speaker 7: oh my god, someone stole my car. If someone takes this,

687
00:38:38,120 --> 00:38:40,480
Speaker 7: you need to be responsible like, you have to be

688
00:38:40,520 --> 00:38:43,080
Speaker 7: a responsible person when it comes to investing in crypto.

689
00:38:43,320 --> 00:38:45,880
Speaker 7: There's a lot of people who have made millions and

690
00:38:45,920 --> 00:38:48,600
Speaker 7: billions of dollars in crypto and haven't seen a dime

691
00:38:48,640 --> 00:38:51,480
Speaker 7: from it because they did not take the security aspect

692
00:38:51,600 --> 00:38:55,920
Speaker 7: very important. Also, why having one of these devices this

693
00:38:55,960 --> 00:38:58,080
Speaker 7: is this key. What you'll see happen is is when

694
00:38:58,200 --> 00:38:59,960
Speaker 7: a lot of times we get these major, major high

695
00:39:00,200 --> 00:39:02,440
Speaker 7: runs and we get a lot of people influxed into

696
00:39:02,520 --> 00:39:05,520
Speaker 7: the crypto space when it's all over the news XYZ,

697
00:39:06,080 --> 00:39:08,560
Speaker 7: what happens is you'll see Coinbase may say, oh we're

698
00:39:08,600 --> 00:39:11,520
Speaker 7: down for six hours. That's not something that you want

699
00:39:11,600 --> 00:39:14,480
Speaker 7: to be consistently happened to you. You'll see Binance might

700
00:39:14,520 --> 00:39:17,400
Speaker 7: be down. You'll see all these different platforms having network

701
00:39:17,480 --> 00:39:19,920
Speaker 7: issues and problems. So you want to be mindful of that.

702
00:39:20,200 --> 00:39:22,480
Speaker 7: And I always tell people that before you ever put

703
00:39:22,719 --> 00:39:25,480
Speaker 7: any money into the crypto space, you must have a

704
00:39:25,480 --> 00:39:28,359
Speaker 7: security device. That is like my number one rule when

705
00:39:28,360 --> 00:39:31,319
Speaker 7: I'm talking to people about investing in crypto is security

706
00:39:31,400 --> 00:39:33,240
Speaker 7: is key because you can make a lot of money,

707
00:39:33,320 --> 00:39:35,480
Speaker 7: but if you have nowhere to house it and secure it,

708
00:39:35,640 --> 00:39:41,440
Speaker 7: what's the point. So Ledger security devices. Only buy from

709
00:39:41,480 --> 00:39:43,960
Speaker 7: the actual website. So I'm about to get into this,

710
00:39:44,120 --> 00:39:46,960
Speaker 7: like why buying from the actual website is so important.

711
00:39:47,280 --> 00:39:48,600
Speaker 7: So you can actually come.

712
00:39:48,400 --> 00:39:48,879
Speaker 5: Here to.

713
00:39:50,360 --> 00:39:55,000
Speaker 7: Ledgerlive dot ledger dot com and you'll see they even

714
00:39:55,080 --> 00:39:59,360
Speaker 7: have alert pretty much right on their website saying beware

715
00:39:59,400 --> 00:40:02,960
Speaker 7: of ongoing and phishing campaigns. So what happens when you

716
00:40:02,960 --> 00:40:05,440
Speaker 7: buy it from potentially Amazon, you buy it from another

717
00:40:05,480 --> 00:40:09,800
Speaker 7: third party website eBay wherever. What happens is that someone

718
00:40:09,800 --> 00:40:12,520
Speaker 7: can order a bunch of these ledgers and then go

719
00:40:12,560 --> 00:40:15,239
Speaker 7: ahead and hack them, and then you buy it off

720
00:40:15,239 --> 00:40:17,759
Speaker 7: of Amazon, and you buy it off that third party website,

721
00:40:18,080 --> 00:40:19,879
Speaker 7: and then you put your crypto on there, and they

722
00:40:19,920 --> 00:40:22,759
Speaker 7: actually have access and can steal your money. So it's

723
00:40:22,800 --> 00:40:25,520
Speaker 7: important that you only buy it from this website. You

724
00:40:25,560 --> 00:40:28,320
Speaker 7: do not want to buy a legend nano from anywhere else.

725
00:40:28,800 --> 00:40:30,920
Speaker 7: So if you come here to products, you have the

726
00:40:31,000 --> 00:40:34,120
Speaker 7: legrodnetal X and the legend thatal S. So the S

727
00:40:34,160 --> 00:40:36,640
Speaker 7: if you come here, the S is going to be

728
00:40:37,800 --> 00:40:41,640
Speaker 7: sixty dollars sixty dollars right now. Now, the S is

729
00:40:41,719 --> 00:40:45,560
Speaker 7: only compatible via your computer, so you must have a computer.

730
00:40:45,600 --> 00:40:48,919
Speaker 7: It's only compatible via your computer. Now, if you come

731
00:40:48,960 --> 00:40:52,479
Speaker 7: to the X, you can actually download the app which

732
00:40:52,520 --> 00:40:55,520
Speaker 7: was I was saying earlier, Ledger Live. That's the actual

733
00:40:55,560 --> 00:40:57,799
Speaker 7: app that you can actually have on your phone, and

734
00:40:57,840 --> 00:41:00,879
Speaker 7: you could collect connect the legend net x to your

735
00:41:00,920 --> 00:41:04,640
Speaker 7: actual computer. So when you connect it to your computer

736
00:41:04,680 --> 00:41:07,480
Speaker 7: and your smartphone, so you can actually have it connected

737
00:41:07,520 --> 00:41:09,960
Speaker 7: to your smartphone and be able to track it just

738
00:41:10,000 --> 00:41:11,640
Speaker 7: like if it was your bank account at Bank of

739
00:41:11,640 --> 00:41:15,080
Speaker 7: America or J Morgan Chase wherever, and you actually open up.

740
00:41:15,360 --> 00:41:18,319
Speaker 7: You can actually use your face ID open up and

741
00:41:18,400 --> 00:41:21,919
Speaker 7: make those transactions back and forth. Now, the biggest thing

742
00:41:22,000 --> 00:41:25,080
Speaker 7: is when it comes to you actually sending this back

743
00:41:25,120 --> 00:41:28,040
Speaker 7: and forth, because it's important that you do not miss

744
00:41:28,080 --> 00:41:31,480
Speaker 7: a letter in your actual tag and your wallet code

745
00:41:31,520 --> 00:41:34,080
Speaker 7: when sending your crypto back and forth. Like I said,

746
00:41:34,239 --> 00:41:36,560
Speaker 7: there is no one eight hundred number to call cry

747
00:41:36,560 --> 00:41:38,920
Speaker 7: and saying, oh my gosh, I press the wrong button.

748
00:41:39,120 --> 00:41:41,399
Speaker 7: Can I get my money back? It's not happening. Once

749
00:41:41,400 --> 00:41:43,879
Speaker 7: you send, it is gone. So the great thing now

750
00:41:43,960 --> 00:41:47,080
Speaker 7: is that you actually have those QR codes so you

751
00:41:47,120 --> 00:41:49,120
Speaker 7: don't really have to do a lot of typing. So

752
00:41:49,160 --> 00:41:52,200
Speaker 7: when you're sending back and forth every place that you

753
00:41:52,360 --> 00:41:55,640
Speaker 7: purchase crypto and when you're taking a look, Robinhood is

754
00:41:55,640 --> 00:41:58,560
Speaker 7: now trying to even install this where they actually have

755
00:41:58,760 --> 00:42:01,400
Speaker 7: your actual wallet, so you can actually send out of

756
00:42:01,880 --> 00:42:05,400
Speaker 7: Robinhood to other platforms that'll be coming soon to Robinhood.

757
00:42:05,760 --> 00:42:08,000
Speaker 7: But if you're on Coinbase, if you're on Voyager, if

758
00:42:08,000 --> 00:42:10,680
Speaker 7: you're on Gemini, you're on any of these platforms, when

759
00:42:10,719 --> 00:42:13,719
Speaker 7: you purchase and it's stored on there, you have a

760
00:42:13,880 --> 00:42:16,839
Speaker 7: unique wallet that you can send to and from and

761
00:42:16,880 --> 00:42:19,960
Speaker 7: so utilizing that and make sure that you're using a

762
00:42:20,040 --> 00:42:22,160
Speaker 7: QR code and scanning it is going to be really

763
00:42:22,200 --> 00:42:24,799
Speaker 7: efficient and key. I know sometimes you know, we get

764
00:42:24,800 --> 00:42:28,080
Speaker 7: faster typing and texting. You might miss a letter. This

765
00:42:28,200 --> 00:42:31,000
Speaker 7: same the time where you want to misspell something, have

766
00:42:31,080 --> 00:42:33,000
Speaker 7: some spell check on your phone, whatever it may be.

767
00:42:33,480 --> 00:42:35,960
Speaker 7: So the ledgerd n X or the S and an

768
00:42:36,000 --> 00:42:38,520
Speaker 7: easier way is you can go ahead and get a bundle.

769
00:42:38,719 --> 00:42:40,480
Speaker 7: You can get these three so you can partner up

770
00:42:40,520 --> 00:42:43,120
Speaker 7: with your cousin or your friend or your wife, whoever.

771
00:42:43,480 --> 00:42:46,160
Speaker 7: You could partner up and get multiple ledgers, and you

772
00:42:46,160 --> 00:42:48,759
Speaker 7: can get it even cheaper at a discount. So it's

773
00:42:48,800 --> 00:42:52,080
Speaker 7: no excuse why people don't have anywhere to secure their

774
00:42:52,120 --> 00:42:55,800
Speaker 7: crypto before we even get into talking anything about cryptocurrency.

775
00:42:56,040 --> 00:42:59,080
Speaker 7: Security is number one. You can make all the money

776
00:42:59,080 --> 00:43:00,680
Speaker 7: in the world in a cryptospace, but if you're not

777
00:43:00,719 --> 00:43:06,600
Speaker 7: secure your assets, there's no point all right back to

778
00:43:06,640 --> 00:43:10,120
Speaker 7: the slide. So I want to talk about, like what's

779
00:43:10,160 --> 00:43:13,840
Speaker 7: the benefits honestly when we talk about blockchain, unless we

780
00:43:13,960 --> 00:43:17,799
Speaker 7: like really getting too breaking down like what is actual blockchain?

781
00:43:18,080 --> 00:43:20,400
Speaker 7: Because this is like an important topic of what a

782
00:43:20,440 --> 00:43:23,879
Speaker 7: lot of people are talking about and having questions saying,

783
00:43:23,920 --> 00:43:26,239
Speaker 7: what is blockchain? How can it be useful for me?

784
00:43:26,920 --> 00:43:29,359
Speaker 7: So the thing about blockchain is, and the thing about

785
00:43:29,400 --> 00:43:33,040
Speaker 7: bitcoin and ethereum there are a decentralized network. So one

786
00:43:33,080 --> 00:43:35,719
Speaker 7: of the biggest problems that we've had with the US

787
00:43:35,840 --> 00:43:39,000
Speaker 7: governments and governments across the world is the control of

788
00:43:39,080 --> 00:43:42,399
Speaker 7: money supply and the ability to be able to manipulate

789
00:43:42,440 --> 00:43:46,000
Speaker 7: that money supply. So when you take a look at bitcoin,

790
00:43:46,080 --> 00:43:49,279
Speaker 7: there's only a certain amount of biitcoin ever going to

791
00:43:49,320 --> 00:43:52,439
Speaker 7: be made and created. The brother before me at broke

792
00:43:52,480 --> 00:43:55,879
Speaker 7: down a great point talking about every four years. There's

793
00:43:55,880 --> 00:43:58,680
Speaker 7: a reason why crypto took off in twenty sixteen. There's

794
00:43:58,680 --> 00:44:01,040
Speaker 7: a reason why it took off in again and we're

795
00:44:01,040 --> 00:44:04,480
Speaker 7: seeing it do what it's doing now because people understand

796
00:44:04,640 --> 00:44:08,320
Speaker 7: the system. So what is decentralized hearing in the US,

797
00:44:08,680 --> 00:44:12,160
Speaker 7: we live in a centralized economy, and so what does

798
00:44:12,200 --> 00:44:15,000
Speaker 7: that mean. You have a Federal Reserve Chairman Drone Powell

799
00:44:15,239 --> 00:44:18,280
Speaker 7: and his team in the United States where they actually

800
00:44:18,360 --> 00:44:22,680
Speaker 7: control the money supply, where hey, he always talks about, hey,

801
00:44:22,719 --> 00:44:25,400
Speaker 7: we can just print more money with bitcoin. You cannot

802
00:44:25,440 --> 00:44:28,200
Speaker 7: do that. So there's a limited amount of supply and

803
00:44:28,239 --> 00:44:32,200
Speaker 7: that supply gets cut every four years. And so what

804
00:44:32,239 --> 00:44:34,759
Speaker 7: you're going to see is what this is basic. This

805
00:44:34,840 --> 00:44:37,200
Speaker 7: isn't anything really hard. I think a lot of times

806
00:44:37,200 --> 00:44:39,680
Speaker 7: people make it more complicated than what it is. If

807
00:44:39,680 --> 00:44:43,360
Speaker 7: I take supply from something, but then more demand continues

808
00:44:43,400 --> 00:44:45,640
Speaker 7: to come in, what is going to happen to price?

809
00:44:45,840 --> 00:44:48,680
Speaker 7: If it was Jordan's, if it's bitcoin, whatever, price is

810
00:44:48,719 --> 00:44:51,359
Speaker 7: going to go up because there's less supply, but now

811
00:44:51,360 --> 00:44:54,200
Speaker 7: there's increase in more demand. And so when we start

812
00:44:54,200 --> 00:44:57,360
Speaker 7: talking about blockchain and what's the benefits we talked about

813
00:44:57,440 --> 00:45:01,040
Speaker 7: talk about peer to peer transactions. When we think about

814
00:45:01,280 --> 00:45:05,000
Speaker 7: how countries actually had to transact, countries had to use

815
00:45:05,040 --> 00:45:07,879
Speaker 7: to transact through wires or had to take cash via

816
00:45:07,960 --> 00:45:11,120
Speaker 7: military from country to country to do business and trade.

817
00:45:11,320 --> 00:45:15,840
Speaker 7: With blockchain technology, this is actually going to build smart cities.

818
00:45:15,960 --> 00:45:19,680
Speaker 7: We're already seeing smart cities in China right now. When

819
00:45:19,719 --> 00:45:22,439
Speaker 7: we start thinking about self driving cars like Tesla Level

820
00:45:22,680 --> 00:45:25,480
Speaker 7: and we start thinking about that type of technology, a

821
00:45:25,480 --> 00:45:27,719
Speaker 7: lot of that is going to be powered by blockchain.

822
00:45:28,120 --> 00:45:30,600
Speaker 7: Right now, there's a smart city being built in Arizona

823
00:45:30,640 --> 00:45:34,040
Speaker 7: by Bill Gates. All of this is being powered by blockchain.

824
00:45:34,120 --> 00:45:36,520
Speaker 7: So that's one of the main benefits. The future that

825
00:45:36,560 --> 00:45:38,600
Speaker 7: we're going to live in is going to be powered

826
00:45:38,600 --> 00:45:46,000
Speaker 7: by blockchain. So crypto platforms coinbas Uphold, Crypto, dot Com, Gemini,

827
00:45:46,040 --> 00:45:49,120
Speaker 7: and Voyage. Voyager our five platforms that I'll say, it's

828
00:45:49,160 --> 00:45:51,880
Speaker 7: good for people to be able to purchase crypto and

829
00:45:51,880 --> 00:45:55,399
Speaker 7: get started with and then transfer to your ledger. As

830
00:45:55,440 --> 00:45:58,840
Speaker 7: I mentioned earlier, so the benefits of using peer to

831
00:45:58,840 --> 00:46:03,080
Speaker 7: peer transactions. So he mentioned the crypto coin XRP, which

832
00:46:03,120 --> 00:46:07,080
Speaker 7: is one of the fastest coins in the world. XRP

833
00:46:07,320 --> 00:46:10,200
Speaker 7: has been delisted from most of those platforms that I

834
00:46:10,320 --> 00:46:15,960
Speaker 7: just named. Accept Uphold. XRP went under a lawsuit that

835
00:46:16,080 --> 00:46:18,040
Speaker 7: talked about a little bit with their peer to peer

836
00:46:18,120 --> 00:46:21,719
Speaker 7: transactions and some other things. Hopefully that gets revolved. What

837
00:46:21,840 --> 00:46:25,399
Speaker 7: we'll see now. One of the things with XRP is

838
00:46:25,480 --> 00:46:28,239
Speaker 7: if someone was in Africa right now and I'm here

839
00:46:28,280 --> 00:46:30,879
Speaker 7: in the United States and boom, I could send them

840
00:46:30,880 --> 00:46:32,960
Speaker 7: money in like five seconds. They can send me two

841
00:46:33,000 --> 00:46:35,200
Speaker 7: hundred dollars. I can send them two hundred dollars. So

842
00:46:35,239 --> 00:46:37,319
Speaker 7: one of the things is that the benefits of using

843
00:46:37,360 --> 00:46:40,359
Speaker 7: those peer to pair of transactions. It's between you and

844
00:46:40,400 --> 00:46:44,560
Speaker 7: that person on that blockchain network and that ledger. So

845
00:46:44,600 --> 00:46:47,799
Speaker 7: that's important to understand that using peer to peers of

846
00:46:47,840 --> 00:46:51,680
Speaker 7: transactions in crypto is really one of the main benefits

847
00:46:51,719 --> 00:46:55,239
Speaker 7: that people love to use crypto and the efficiency and

848
00:46:55,280 --> 00:46:58,040
Speaker 7: the cost. So when we talk about wire transfers, when

849
00:46:58,080 --> 00:46:59,960
Speaker 7: we talk about the cost of bringing cast from a

850
00:47:00,040 --> 00:47:03,640
Speaker 7: country to another country, that is highly a high cost.

851
00:47:03,960 --> 00:47:08,200
Speaker 7: That is a high cost with crypto, those transaction fees

852
00:47:08,480 --> 00:47:11,160
Speaker 7: when it comes to wires, and when we talk about

853
00:47:11,200 --> 00:47:14,600
Speaker 7: bringing cash to place to place, those transaction fees cost

854
00:47:14,800 --> 00:47:18,120
Speaker 7: less and less. More like they cost less and less.

855
00:47:18,120 --> 00:47:20,920
Speaker 7: So I just tell people, like benefits of using peer

856
00:47:21,000 --> 00:47:24,600
Speaker 7: to peer transaction is key. And the platforms I mentioned

857
00:47:24,680 --> 00:47:31,560
Speaker 7: was coin based, Voyager and Gemini Crypto dot com uphold.

858
00:47:31,800 --> 00:47:33,640
Speaker 7: Those are all the platforms that I mentioned before. I

859
00:47:33,719 --> 00:47:37,200
Speaker 7: seen someone ask about that. So how to avoid like

860
00:47:37,239 --> 00:47:39,239
Speaker 7: crypto scams because I think this is one of the

861
00:47:39,239 --> 00:47:42,359
Speaker 7: biggest things that people get caught up on. Someone sent

862
00:47:42,440 --> 00:47:44,960
Speaker 7: me a DM on Instagram, or someone called me or

863
00:47:45,000 --> 00:47:47,800
Speaker 7: text me saying it set up a coin based account

864
00:47:47,840 --> 00:47:50,720
Speaker 7: or set it up my wallet. If someone is asking

865
00:47:50,760 --> 00:47:55,080
Speaker 7: you to send them crypto or asking you to buy

866
00:47:55,120 --> 00:47:57,239
Speaker 7: some crypto and set it up and give you their

867
00:47:57,760 --> 00:48:00,560
Speaker 7: give you your wallet password at x y z, please

868
00:48:00,600 --> 00:48:04,000
Speaker 7: ignore them, like please please ignore them, please block them.

869
00:48:04,040 --> 00:48:05,719
Speaker 7: No one is going to be reaching out to you

870
00:48:06,040 --> 00:48:10,120
Speaker 7: from a fake page asking you to send money and

871
00:48:10,320 --> 00:48:10,919
Speaker 7: it be legit.

872
00:48:11,040 --> 00:48:14,319
Speaker 8: It's not legit, including us and including us, y'all.

873
00:48:14,320 --> 00:48:14,960
Speaker 4: That's not us.

874
00:48:15,040 --> 00:48:18,080
Speaker 3: Yes, yes, that's not us. Please YouTube, Let me just

875
00:48:18,120 --> 00:48:20,200
Speaker 3: get it. That's very important. Let me turn the camera

876
00:48:20,280 --> 00:48:22,240
Speaker 3: on YouTube. Public service O YouTube.

877
00:48:22,680 --> 00:48:23,160
Speaker 5: YouTube.

878
00:48:23,920 --> 00:48:25,960
Speaker 3: If you are on YouTube and you see earn your

879
00:48:26,000 --> 00:48:30,040
Speaker 3: Lisia asking what they're doing is they're creating other pages

880
00:48:30,600 --> 00:48:31,640
Speaker 3: using earn your Lisia.

881
00:48:31,640 --> 00:48:32,839
Speaker 5: They're using the emoji.

882
00:48:33,000 --> 00:48:34,880
Speaker 3: But it's not like if you go to their page,

883
00:48:34,880 --> 00:48:37,359
Speaker 3: don't have like one hundred subscribers or like two subscribers.

884
00:48:37,800 --> 00:48:40,120
Speaker 3: But it's confusing because it has our name and it

885
00:48:40,160 --> 00:48:40,600
Speaker 3: has our.

886
00:48:40,520 --> 00:48:42,440
Speaker 8: Logo, and they're always on our comments.

887
00:48:42,440 --> 00:48:45,440
Speaker 3: We are we have never asked anybody for crypto. We

888
00:48:45,520 --> 00:48:48,080
Speaker 3: are not asking you for crypto. So please don't send

889
00:48:48,080 --> 00:48:51,399
Speaker 3: any crypto. Please please, please please.

890
00:48:51,200 --> 00:48:53,880
Speaker 8: And then that's YouTube A's ig. We're not asking for

891
00:48:53,920 --> 00:48:55,200
Speaker 8: any money. Please don't do that.

892
00:48:55,239 --> 00:48:56,280
Speaker 5: Public service announced.

893
00:48:56,320 --> 00:48:56,600
Speaker 4: Thank you.

894
00:48:56,840 --> 00:48:59,200
Speaker 8: I'm glad you said that, Laura. I appreciate you.

895
00:49:00,080 --> 00:49:02,320
Speaker 7: Yes, sir, yeah, No, it's important for people to understand

896
00:49:02,320 --> 00:49:05,600
Speaker 7: that because you got to understand why are they doing that.

897
00:49:05,640 --> 00:49:07,440
Speaker 7: They're doing that because, like I said, there is no

898
00:49:07,520 --> 00:49:10,239
Speaker 7: one eight hundred number to call. You're not able to

899
00:49:10,239 --> 00:49:12,440
Speaker 7: call them. So once you send them that money or

900
00:49:12,440 --> 00:49:14,520
Speaker 7: you give them that access to that whilet it's over it,

901
00:49:14,640 --> 00:49:17,520
Speaker 7: they're taking it. So please guys, stay away from those.

902
00:49:17,880 --> 00:49:19,560
Speaker 7: I know that's one of the main things that a

903
00:49:19,560 --> 00:49:22,399
Speaker 7: lot of people always get caught up in when they

904
00:49:22,400 --> 00:49:25,480
Speaker 7: first get into crypto, not knowing, you know, the ins

905
00:49:25,520 --> 00:49:27,200
Speaker 7: and outs of it. So I really wanted to mention

906
00:49:27,320 --> 00:49:31,880
Speaker 7: that here tonight how to avoid crypto scres, smart contracts,

907
00:49:31,880 --> 00:49:35,520
Speaker 7: and just something that he touched on very in definite.

908
00:49:35,520 --> 00:49:37,399
Speaker 7: I want to talk about it as well too. So

909
00:49:37,680 --> 00:49:42,239
Speaker 7: smart contracts pretty much permit trusted transactions. So that's the

910
00:49:42,239 --> 00:49:43,480
Speaker 7: way you want to look at it when you were

911
00:49:43,520 --> 00:49:47,279
Speaker 7: talking about this blockchain technology and understanding how this is

912
00:49:47,320 --> 00:49:50,359
Speaker 7: going to continue to evolve as we go through time.

913
00:49:50,840 --> 00:49:53,560
Speaker 7: So one of the things in the decentralized network, in

914
00:49:53,600 --> 00:49:56,880
Speaker 7: the blockchain network is the code to execution. So what

915
00:49:56,960 --> 00:50:00,719
Speaker 7: he talked about in the codes to execution, transactions are

916
00:50:00,800 --> 00:50:04,440
Speaker 7: trackable and irreversible. So that's one of the things that

917
00:50:04,480 --> 00:50:06,680
Speaker 7: I was just saying, like, once you send someone money,

918
00:50:06,680 --> 00:50:10,440
Speaker 7: it's irreversible. The transactions are also as well trackable. So

919
00:50:10,480 --> 00:50:15,040
Speaker 7: it's key to understand that these self executing contracts, this

920
00:50:15,080 --> 00:50:19,200
Speaker 7: is what binds a lot of times these particular transactions together.

921
00:50:19,560 --> 00:50:22,280
Speaker 7: So this is the transparency part when we talk about

922
00:50:22,280 --> 00:50:26,759
Speaker 7: smart contracts. So crypto is a very transparent place. It

923
00:50:26,840 --> 00:50:30,400
Speaker 7: is not controlled by centralized entity, and that is the

924
00:50:30,440 --> 00:50:34,160
Speaker 7: biggest thing. It's not controlled by centralized entity. And so

925
00:50:34,440 --> 00:50:38,080
Speaker 7: that's why when we see certain things happen in economies

926
00:50:38,120 --> 00:50:41,360
Speaker 7: across the world, where we see certain things even throughout

927
00:50:41,360 --> 00:50:44,080
Speaker 7: the pandemic, there was a reason why theoryum went up

928
00:50:44,239 --> 00:50:45,920
Speaker 7: as much as it did and didn't just go up

929
00:50:46,000 --> 00:50:47,760
Speaker 7: just to go up. It was a reason why bitcoin

930
00:50:47,800 --> 00:50:50,480
Speaker 7: went up as much as it did because people started

931
00:50:50,480 --> 00:50:53,719
Speaker 7: to lose faith in the government's ability to be able

932
00:50:53,760 --> 00:50:57,680
Speaker 7: to control the money supply and be able to control economies.

933
00:50:57,680 --> 00:51:01,319
Speaker 7: And people said, enough, we've been experience and what a

934
00:51:01,480 --> 00:51:04,880
Speaker 7: hyper inflationary economy where we're seeing costs of live and

935
00:51:04,960 --> 00:51:08,319
Speaker 7: increase exponentially because of the amount of money that's been

936
00:51:08,360 --> 00:51:12,120
Speaker 7: put in circulated into our economy. So when we start

937
00:51:12,120 --> 00:51:15,359
Speaker 7: to think about why people are actually coming to execute

938
00:51:15,480 --> 00:51:18,800
Speaker 7: these smart contracts, why people are coming to purchase cryptocurrencies,

939
00:51:19,000 --> 00:51:24,160
Speaker 7: it's a true heads to inflation over time. So the

940
00:51:24,280 --> 00:51:28,280
Speaker 7: influence of monetary policy, what roles will the Fed play,

941
00:51:28,600 --> 00:51:32,600
Speaker 7: and why some regulations are good. So I talked a

942
00:51:32,600 --> 00:51:37,480
Speaker 7: lot about decentralized network and Alistair did before as well,

943
00:51:37,920 --> 00:51:40,280
Speaker 7: but I want to talk about the influence of monetary

944
00:51:40,400 --> 00:51:44,279
Speaker 7: policy and what we've seen and why crypto in the

945
00:51:44,320 --> 00:51:47,280
Speaker 7: crypto space has grown so much in the past twelve

946
00:51:47,320 --> 00:51:50,680
Speaker 7: to eighteen months. So what roles will the Federal Reserve

947
00:51:50,719 --> 00:51:52,880
Speaker 7: play For the people that don't know who the Federal

948
00:51:52,880 --> 00:51:55,960
Speaker 7: Reserve is? We have the Federal Reserve chairman, Drome Powell.

949
00:51:56,520 --> 00:51:58,960
Speaker 7: So Drome Power is someone that I would ask everyone

950
00:51:58,960 --> 00:52:01,279
Speaker 7: to go research. Been the Federal Reserve chairman for the

951
00:52:01,360 --> 00:52:04,640
Speaker 7: past few years. And when we've seen the amount of

952
00:52:04,680 --> 00:52:08,080
Speaker 7: money that's been put into our economy via unemployment checks,

953
00:52:08,400 --> 00:52:12,120
Speaker 7: SBA loans, when we see from stimulus checks, all of

954
00:52:12,160 --> 00:52:14,520
Speaker 7: those different things have now put a bunch of money

955
00:52:14,520 --> 00:52:18,040
Speaker 7: into our circulating supply, and they've just continued to print.

956
00:52:18,320 --> 00:52:20,520
Speaker 7: But the thing is, you cannot print your way out

957
00:52:20,560 --> 00:52:23,440
Speaker 7: of a problem. Eventually there is a debt to pay.

958
00:52:23,960 --> 00:52:27,479
Speaker 7: And so what happens is is that people have now seen,

959
00:52:27,560 --> 00:52:30,000
Speaker 7: oh my god, like my dollar is not backed by anything.

960
00:52:30,000 --> 00:52:32,160
Speaker 7: My dollar does mean no good in my bank account.

961
00:52:32,320 --> 00:52:34,239
Speaker 7: So the same way that people take their money to

962
00:52:34,280 --> 00:52:36,640
Speaker 7: go and invest in a stock market, as the stock

963
00:52:36,719 --> 00:52:39,840
Speaker 7: market is another hedge to inflation, people are using the

964
00:52:39,960 --> 00:52:42,320
Speaker 7: crypto space to be able to hey, let's go invest

965
00:52:42,560 --> 00:52:45,680
Speaker 7: here and get a year. That's all that we're people

966
00:52:45,680 --> 00:52:47,839
Speaker 7: are looking for. People are always looking for a yield.

967
00:52:47,840 --> 00:52:50,239
Speaker 7: A yield is a return. So what roles will the

968
00:52:50,280 --> 00:52:54,600
Speaker 7: Fed play? So as the Federal Reserve continues to print money,

969
00:52:55,000 --> 00:52:59,360
Speaker 7: and as the Democrats and Republicans continue to approve packages

970
00:52:59,360 --> 00:53:03,160
Speaker 7: of spending major spending, trillions of dollars of spending. We

971
00:53:03,239 --> 00:53:07,320
Speaker 7: may continue to see assets like bitcoin and ethereum continue

972
00:53:07,360 --> 00:53:10,160
Speaker 7: to grow. Why because people are looking for that hedge.

973
00:53:10,160 --> 00:53:12,880
Speaker 7: People are looking to get a yield, and so that

974
00:53:13,040 --> 00:53:14,960
Speaker 7: is one of the main roles that the Federal Reserve

975
00:53:15,040 --> 00:53:18,840
Speaker 7: played by their actions will directly have an impact to

976
00:53:18,920 --> 00:53:21,680
Speaker 7: how crypto will perform in the future. And why some

977
00:53:21,840 --> 00:53:24,520
Speaker 7: regulations are good. So there's a lot of people who

978
00:53:24,520 --> 00:53:28,000
Speaker 7: have purchased crypto on some websites that I didn't even name.

979
00:53:28,080 --> 00:53:31,200
Speaker 7: You got some crazy websites out there. Because what I

980
00:53:31,239 --> 00:53:33,400
Speaker 7: want people to understand is for people that don't know,

981
00:53:33,960 --> 00:53:36,560
Speaker 7: the beginning of bitcoin, in the beginning of the crypto

982
00:53:36,640 --> 00:53:39,840
Speaker 7: space wasn't so good. A lot lot of crypto is

983
00:53:39,880 --> 00:53:42,320
Speaker 7: being used for dirty transactions on the Internet. I'm just

984
00:53:42,360 --> 00:53:45,480
Speaker 7: going to leave it there. So some regulations are good.

985
00:53:45,600 --> 00:53:48,480
Speaker 7: Why because there's a lot of crypto platforms out there

986
00:53:49,080 --> 00:53:53,080
Speaker 7: that people made millions and billions of dollars and the

987
00:53:53,120 --> 00:53:56,080
Speaker 7: government did not collect taxes. So I always like to

988
00:53:56,239 --> 00:53:58,719
Speaker 7: look at things from both sides and never like I'm

989
00:53:58,800 --> 00:54:00,919
Speaker 7: always on one side. Always like to look and see

990
00:54:01,239 --> 00:54:04,400
Speaker 7: what is this size saying, So from a government's perspective,

991
00:54:04,840 --> 00:54:07,720
Speaker 7: we don't have no problem with you guys trading your crypto,

992
00:54:07,960 --> 00:54:09,479
Speaker 7: but we want to be able to get our piece.

993
00:54:09,560 --> 00:54:11,600
Speaker 7: Uncle Sam needs to get his piece as well too.

994
00:54:12,239 --> 00:54:14,719
Speaker 7: So some regulations are good because there's been a lot

995
00:54:14,719 --> 00:54:17,200
Speaker 7: of people who have purchased crypto on some of these

996
00:54:17,239 --> 00:54:21,400
Speaker 7: platforms and actually haven't seen any of their returns. So

997
00:54:21,440 --> 00:54:23,800
Speaker 7: this is why I say be careful of buying crypto

998
00:54:23,840 --> 00:54:26,080
Speaker 7: on certain sites that you have no business being on.

999
00:54:26,440 --> 00:54:28,680
Speaker 7: You buy crypto on these certain sites, they lock you out.

1000
00:54:29,000 --> 00:54:31,279
Speaker 7: Next thing, you know, you made twenty thousand dollars. But

1001
00:54:31,320 --> 00:54:33,520
Speaker 7: did you make twenty thousand dollars No, because you didn't

1002
00:54:33,560 --> 00:54:36,120
Speaker 7: put on your ledger. You left it on there and

1003
00:54:36,160 --> 00:54:38,560
Speaker 7: then that site ended up getting shut down for not

1004
00:54:38,640 --> 00:54:41,600
Speaker 7: following regulations. And that site got shut down, so did

1005
00:54:41,600 --> 00:54:44,360
Speaker 7: your money go as well too. So there's the reason

1006
00:54:44,360 --> 00:54:48,120
Speaker 7: why platforms like coinbase was able to ipo in the

1007
00:54:48,200 --> 00:54:51,480
Speaker 7: US stock market because they follow systems. They followed the

1008
00:54:51,520 --> 00:54:55,080
Speaker 7: regulations by sept by the SEC. They send you your

1009
00:54:55,080 --> 00:54:57,719
Speaker 7: tax documents at the end of the year so you

1010
00:54:57,760 --> 00:55:00,880
Speaker 7: can account for what transactions you place how much crypto

1011
00:55:00,920 --> 00:55:04,520
Speaker 7: you bought so xyz. So some regulations are good in

1012
00:55:04,520 --> 00:55:07,840
Speaker 7: this space because we understand that there's a lot of

1013
00:55:07,840 --> 00:55:10,440
Speaker 7: people out here that do some bad things, and it's

1014
00:55:10,480 --> 00:55:14,080
Speaker 7: important to understand the influence of monetary policy. So paying

1015
00:55:14,160 --> 00:55:16,880
Speaker 7: attention to the decisions that are made here not only

1016
00:55:16,920 --> 00:55:19,759
Speaker 7: in the US, but also across the world and the

1017
00:55:19,840 --> 00:55:23,520
Speaker 7: Asian markets, in European markets will directly have an impact

1018
00:55:23,840 --> 00:55:28,880
Speaker 7: on the future of crypto. So why supply and demand

1019
00:55:29,320 --> 00:55:33,279
Speaker 7: and circulating supply matters, So like this is key, and

1020
00:55:33,080 --> 00:55:37,239
Speaker 7: I what he mentioned on coin marketcap dot com is

1021
00:55:37,640 --> 00:55:39,839
Speaker 7: honestly this is one of the best websites to use.

1022
00:55:40,120 --> 00:55:43,840
Speaker 7: So we're just gonna honestly start here at ethereum right now,

1023
00:55:44,520 --> 00:55:48,600
Speaker 7: leasm nott there in bitcoin we have eighteen million circulating supply,

1024
00:55:49,000 --> 00:55:51,880
Speaker 7: So that's how much supply is out there when we

1025
00:55:51,960 --> 00:55:54,920
Speaker 7: start speaking about bitcoin. So what I want people to

1026
00:55:55,000 --> 00:55:57,960
Speaker 7: kind of get in their heads and start to really

1027
00:55:58,000 --> 00:56:02,000
Speaker 7: look at is start looking at circulating supply. So the

1028
00:56:02,040 --> 00:56:05,000
Speaker 7: way we look at circulating supply in the crypto market

1029
00:56:05,160 --> 00:56:08,480
Speaker 7: is the same thing as outstanding shares in the stock market.

1030
00:56:08,640 --> 00:56:11,239
Speaker 7: So outstanding shares is how much shares are out there

1031
00:56:11,280 --> 00:56:13,560
Speaker 7: available to be purchased. When we start taking a look

1032
00:56:13,560 --> 00:56:17,160
Speaker 7: at circulating supply is the same exact thing. So when

1033
00:56:17,200 --> 00:56:22,200
Speaker 7: you have a lower circulating supply and demand creeps in rapidly,

1034
00:56:22,760 --> 00:56:26,400
Speaker 7: you see a huge increase in price. So there's a

1035
00:56:26,440 --> 00:56:30,759
Speaker 7: reason why Cardono could never be bigcoins price. Look at

1036
00:56:30,800 --> 00:56:34,840
Speaker 7: this circulating supply compared to bigcoin, to cardinal circulating supply,

1037
00:56:35,280 --> 00:56:41,160
Speaker 7: Cardno has a vast enormous amount bigger circulating supply than

1038
00:56:41,200 --> 00:56:45,040
Speaker 7: bigcoin does, so they have way more supply. You're talking

1039
00:56:45,040 --> 00:56:47,759
Speaker 7: about eighteen million, and we have to come all the

1040
00:56:47,760 --> 00:56:50,000
Speaker 7: way down here and compare it to thirty three billion.

1041
00:56:50,280 --> 00:56:53,799
Speaker 7: We can't compare that, So that is why we see

1042
00:56:53,840 --> 00:56:55,920
Speaker 7: bigcoin erners.

1043
00:56:55,920 --> 00:56:56,279
Speaker 4: What's up?

1044
00:56:56,360 --> 00:56:58,839
Speaker 8: You ever walk into a small business and everything just

1045
00:56:59,000 --> 00:57:02,160
Speaker 8: works like check out as fast the receipts, a digital

1046
00:57:02,719 --> 00:57:05,680
Speaker 8: tipping is a breeze and you're out the door before

1047
00:57:05,680 --> 00:57:09,840
Speaker 8: the line even builds. Odds are they're using Square. We

1048
00:57:10,000 --> 00:57:12,560
Speaker 8: love supporting businesses that run on Square because it just

1049
00:57:12,600 --> 00:57:15,800
Speaker 8: feels seamless. Whether it's a local coffee shop, a vendor

1050
00:57:15,880 --> 00:57:18,120
Speaker 8: at a pop up market, or even one of our

1051
00:57:18,200 --> 00:57:21,840
Speaker 8: merch partners, Square makes it easy for them to take payments,

1052
00:57:22,040 --> 00:57:25,800
Speaker 8: manage inventory, and run their business with confidence, all from

1053
00:57:25,880 --> 00:57:29,280
Speaker 8: one simple system. If you're a business owner or even

1054
00:57:29,360 --> 00:57:32,840
Speaker 8: just thinking about launching something soon, Square is hands down

1055
00:57:32,920 --> 00:57:36,000
Speaker 8: one of the best tools out there to help you start, run,

1056
00:57:36,200 --> 00:57:39,520
Speaker 8: and grow. It's not just about payments, it's about giving

1057
00:57:39,520 --> 00:57:42,200
Speaker 8: you time back so you can focus on what matters

1058
00:57:42,240 --> 00:57:45,480
Speaker 8: most ready. To see how Square can transform your business,

1059
00:57:45,760 --> 00:57:50,400
Speaker 8: visit Square dot com backslash, go backslash eyl to learn

1060
00:57:50,440 --> 00:57:55,640
Speaker 8: more that Square dot com backslash, go backslash eyl. Don't wait,

1061
00:57:55,920 --> 00:57:58,760
Speaker 8: don't hesitate. Let's Square handle the back end so you

1062
00:57:58,800 --> 00:58:05,120
Speaker 8: can keep pushing your vision forward. This episode is brought

1063
00:58:05,120 --> 00:58:07,040
Speaker 8: to you by P and C Bank. A lot of

1064
00:58:07,040 --> 00:58:10,640
Speaker 8: people think podcasts about work are boring, and sure, they

1065
00:58:10,720 --> 00:58:14,600
Speaker 8: definitely can be, but understanding a professional's routine shows us

1066
00:58:14,600 --> 00:58:18,240
Speaker 8: how they achieve their success little by little, day after day.

1067
00:58:19,240 --> 00:58:21,720
Speaker 8: It's like banking with P and C Bank. It might

1068
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Speaker 8: seem boring to save, plan and make calculated decisions with

1069
00:58:24,760 --> 00:58:27,800
Speaker 8: your bank, but keeping your money boring is what helps

1070
00:58:27,800 --> 00:58:30,880
Speaker 8: you live a more happily fulfilled life. P and C

1071
00:58:31,040 --> 00:58:36,200
Speaker 8: Bank brilliantly boring since eighteen sixty five. Brilliantly Boring since

1072
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Speaker 8: eighteen sixty five is a service mark of the PNC

1073
00:58:39,000 --> 00:58:42,960
Speaker 8: Financial Service Group, Inc. P and C Bank National Association

1074
00:58:43,160 --> 00:58:44,160
Speaker 8: Member FDIC.

1075
00:58:45,920 --> 00:58:49,600
Speaker 1: An illegal alien from Guatemala charged with raping a child

1076
00:58:49,600 --> 00:58:53,400
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador

1077
00:58:53,680 --> 00:58:57,800
Speaker 1: accused of murdering a Texas man of Venezuelan charged with

1078
00:58:57,880 --> 00:59:01,760
Speaker 1: filming and selling child pornography in Michigan. These are just

1079
00:59:01,840 --> 00:59:05,640
Speaker 1: some of the heinous migrant criminals caught because of President

1080
00:59:05,640 --> 00:59:09,240
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

1081
00:59:09,240 --> 00:59:14,040
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

1082
00:59:14,080 --> 00:59:17,640
Speaker 1: crossings are at the lowest levels ever recorded, and over

1083
00:59:17,680 --> 00:59:20,920
Speaker 1: one hundred thousand illegal aliens have been arrested. If you

1084
00:59:21,000 --> 00:59:24,840
Speaker 1: are here illegally, your next you will be fine nearly

1085
00:59:24,920 --> 00:59:28,960
Speaker 1: one thousand dollars a day, imprisoned and deported, you will

1086
00:59:28,960 --> 00:59:32,600
Speaker 1: never return. But if you register using our CBP home

1087
00:59:32,680 --> 00:59:36,040
Speaker 1: app and leave now, you could be allowed to return legally.

1088
00:59:36,400 --> 00:59:41,160
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws

1089
00:59:41,320 --> 00:59:43,760
Speaker 1: border and families will be protected.

1090
00:59:43,880 --> 00:59:46,320
Speaker 2: Sponsored by the United States Department of Homeland Security.

1091
00:59:46,080 --> 00:59:49,520
Speaker 7: To have these volatile moves and they move up and down.

1092
00:59:49,880 --> 00:59:54,080
Speaker 7: So bigcoin is like the Amazon or the Tesla of

1093
00:59:54,120 --> 00:59:57,760
Speaker 7: the crypto space. The reason why Tesla Amazon moved the

1094
00:59:57,800 --> 01:00:01,880
Speaker 7: way they move Netflix is your Rokus, all of those companies,

1095
01:00:01,920 --> 01:00:05,000
Speaker 7: even your game stops. They move like that because they

1096
01:00:05,000 --> 01:00:08,680
Speaker 7: have a low amount of outstanding shares, whereas a cardono

1097
01:00:08,880 --> 01:00:12,959
Speaker 7: is really like an Apple. You see Apple has seventeen

1098
01:00:13,680 --> 01:00:19,760
Speaker 7: billion outstanding shares seventeen billion, where Tesla has nine hundred million.

1099
01:00:20,360 --> 01:00:24,320
Speaker 7: You can't compare that circulating supply. So that is why

1100
01:00:24,400 --> 01:00:26,560
Speaker 7: Tesla moved the way they move, and that's why Apple

1101
01:00:26,600 --> 01:00:28,360
Speaker 7: moves the way they move. They move a lot slower,

1102
01:00:28,760 --> 01:00:32,000
Speaker 7: and that's why we see bitcoin. Bitcoin has a way

1103
01:00:32,040 --> 01:00:35,600
Speaker 7: wider range and moves at a way rapid pace versus

1104
01:00:35,640 --> 01:00:38,920
Speaker 7: our cardono that moves a lot slower. So it's important

1105
01:00:38,960 --> 01:00:42,800
Speaker 7: to understand circulating supply, and it's important to pay attention

1106
01:00:43,280 --> 01:00:46,320
Speaker 7: when you're looking to invest in a cryptocurrency to say, hey,

1107
01:00:46,560 --> 01:00:47,800
Speaker 7: what's the circulating supply.

1108
01:00:47,960 --> 01:00:49,600
Speaker 5: That's one of the I want to cut you off

1109
01:00:49,600 --> 01:00:50,000
Speaker 5: from minute.

1110
01:00:50,040 --> 01:00:53,000
Speaker 3: That's one of the best things that would set you're

1111
01:00:53,040 --> 01:00:56,080
Speaker 3: doing an amazing job. But that's one of the biggest,

1112
01:00:56,200 --> 01:01:00,200
Speaker 3: biggest things that people don't fully understand circulation supply. That's

1113
01:01:00,240 --> 01:01:02,760
Speaker 3: what like even a coin like XRP, look how many

1114
01:01:02,840 --> 01:01:05,160
Speaker 3: coins it has out there. So when you look at

1115
01:01:05,160 --> 01:01:07,920
Speaker 3: the potential price point, when you look at moves, all

1116
01:01:07,960 --> 01:01:10,920
Speaker 3: of these things, that is something that is not talked

1117
01:01:10,920 --> 01:01:11,600
Speaker 3: about enough.

1118
01:01:11,680 --> 01:01:13,600
Speaker 5: So I'm glad you said that.

1119
01:01:13,680 --> 01:01:16,600
Speaker 3: If you don't get anything else from this presentation, that

1120
01:01:16,800 --> 01:01:19,600
Speaker 3: is a gem not just on the on the crypto side,

1121
01:01:19,640 --> 01:01:21,479
Speaker 3: but also on the stock market side as well.

1122
01:01:22,720 --> 01:01:24,920
Speaker 7: Yes, sir, yeah, So that's important for us to pay

1123
01:01:24,920 --> 01:01:27,680
Speaker 7: attention to. As I scroll down here, if I look

1124
01:01:27,720 --> 01:01:30,880
Speaker 7: at XRP, XRP has forty seven billion, but if I

1125
01:01:30,880 --> 01:01:34,840
Speaker 7: look at Solona, Slona has three hundred and one million.

1126
01:01:35,200 --> 01:01:38,080
Speaker 7: We take a look at Ethereum one hundred and eighteen million.

1127
01:01:38,520 --> 01:01:41,400
Speaker 7: So these have smaller circulating supplies. So this is why

1128
01:01:41,440 --> 01:01:45,400
Speaker 7: we see the price moves that they make. Also, we

1129
01:01:45,480 --> 01:01:48,880
Speaker 7: take a look and if I type in we start

1130
01:01:48,880 --> 01:01:51,360
Speaker 7: to look at Tron. We see crypto coins like that.

1131
01:01:51,680 --> 01:01:54,160
Speaker 7: You take a look at Maker or a lot of

1132
01:01:54,200 --> 01:01:56,360
Speaker 7: people were asking like, oh my gosh, why did Maker

1133
01:01:56,400 --> 01:01:59,080
Speaker 7: make the move that they did. Maker has a low

1134
01:01:59,200 --> 01:02:02,320
Speaker 7: circulating So it's important to understand that not just in

1135
01:02:02,360 --> 01:02:04,800
Speaker 7: the crypto space, but in the stock market space. So

1136
01:02:04,840 --> 01:02:07,360
Speaker 7: that's why it's really important for us to pay attention

1137
01:02:07,480 --> 01:02:12,400
Speaker 7: to supply and demand and why circulating supply matters. So

1138
01:02:12,480 --> 01:02:16,360
Speaker 7: how to benefit from playing quote unquote as coins I

1139
01:02:16,360 --> 01:02:16,840
Speaker 7: won't curse?

1140
01:02:17,320 --> 01:02:18,160
Speaker 4: So when we.

1141
01:02:18,120 --> 01:02:21,560
Speaker 7: Start to think like how can we benefit from this,

1142
01:02:21,920 --> 01:02:25,160
Speaker 7: what I tell people is you want to put money

1143
01:02:25,200 --> 01:02:29,200
Speaker 7: into these coins that you see pop up, like Ashiba

1144
01:02:29,640 --> 01:02:32,640
Speaker 7: that everyone's talking about. You want to put as little

1145
01:02:32,680 --> 01:02:35,640
Speaker 7: amount of money in those as possible. If you hit,

1146
01:02:35,880 --> 01:02:38,120
Speaker 7: you want to put a small amount because you don't

1147
01:02:38,120 --> 01:02:40,760
Speaker 7: want to be bet in the house. What happens is

1148
01:02:40,760 --> 01:02:43,160
Speaker 7: is that people come in and they say, oh, my gosh,

1149
01:02:43,200 --> 01:02:45,520
Speaker 7: I seen this on TV. I've seen this on YouTube.

1150
01:02:45,560 --> 01:02:48,920
Speaker 7: I've seen someone put this on Instagram. They made money

1151
01:02:49,000 --> 01:02:52,280
Speaker 7: from this. Boom. I feel like fomo fear of missing out.

1152
01:02:52,520 --> 01:02:54,160
Speaker 7: So then they feel like boom, like I got to

1153
01:02:54,200 --> 01:02:56,600
Speaker 7: hop in. And then you end up putting ten thousand

1154
01:02:56,680 --> 01:02:58,960
Speaker 7: in but you ain't even never invested in your life,

1155
01:02:59,240 --> 01:03:01,600
Speaker 7: but you putting ten thousand on sheep but you don't

1156
01:03:01,640 --> 01:03:04,120
Speaker 7: know nothing about investing, But you putting ten thousand in

1157
01:03:04,200 --> 01:03:07,280
Speaker 7: something you know nothing about because you're being greedy. So

1158
01:03:07,320 --> 01:03:09,320
Speaker 7: it might have worked out the first time, but then

1159
01:03:09,360 --> 01:03:11,640
Speaker 7: the next time you do it, it ends up what

1160
01:03:11,760 --> 01:03:15,080
Speaker 7: not working right. So it's important that I want people

1161
01:03:15,080 --> 01:03:18,560
Speaker 7: to understand to stay away from just putting money on

1162
01:03:18,720 --> 01:03:21,840
Speaker 7: any coin that you come about and find. In twenty

1163
01:03:21,880 --> 01:03:24,120
Speaker 7: sixteen and twenty seventeen, there was a lot of people

1164
01:03:24,320 --> 01:03:28,320
Speaker 7: who lost money big time, thousands of dollars lost life

1165
01:03:28,320 --> 01:03:33,600
Speaker 7: savings because of greed. Because what's what can happen is is, okay,

1166
01:03:33,640 --> 01:03:36,560
Speaker 7: sheep has checked out, all right, But there's people out

1167
01:03:36,600 --> 01:03:39,160
Speaker 7: there that come up with these coins and say, hmm,

1168
01:03:39,240 --> 01:03:41,880
Speaker 7: let's make a coin called rocket coin, and then it

1169
01:03:41,960 --> 01:03:45,360
Speaker 7: comes out and then they set up shop, they raise capital,

1170
01:03:45,400 --> 01:03:47,680
Speaker 7: make millions of dollars, then they shut the platform down,

1171
01:03:47,800 --> 01:03:50,200
Speaker 7: and they run off with your money. That has happened

1172
01:03:50,240 --> 01:03:52,960
Speaker 7: a lot of times in this space, and what I

1173
01:03:53,040 --> 01:03:55,880
Speaker 7: don't want to happen is new people coming in that

1174
01:03:55,960 --> 01:03:58,680
Speaker 7: don't really know a lot about anything come in and

1175
01:03:58,760 --> 01:04:01,720
Speaker 7: just start putting money on cours just because they found

1176
01:04:01,720 --> 01:04:05,439
Speaker 7: this website. Boom, oh this coin is, you know, twenty cents,

1177
01:04:05,440 --> 01:04:07,560
Speaker 7: so this coin is less than a penny, so I

1178
01:04:07,560 --> 01:04:10,480
Speaker 7: can get a million coins. So it's gonna go to

1179
01:04:10,520 --> 01:04:13,640
Speaker 7: a dollar, I'm gonna be a millionaire. I don't want

1180
01:04:13,640 --> 01:04:16,120
Speaker 7: people to make a habit of doing that if you

1181
01:04:16,240 --> 01:04:19,080
Speaker 7: benefited from a dodge coin. There's been people who are

1182
01:04:19,120 --> 01:04:21,840
Speaker 7: still bag holding on dodge coin because they thought, oh,

1183
01:04:21,880 --> 01:04:23,840
Speaker 7: Elon's getting on NS ANDL is gonna go to the moon.

1184
01:04:23,880 --> 01:04:26,200
Speaker 7: It's going to a dollar, it's going to one hundred dollars.

1185
01:04:26,760 --> 01:04:29,680
Speaker 7: So be weary of just listening to people on social

1186
01:04:29,760 --> 01:04:32,960
Speaker 7: media telling you what's going to happen. What you want

1187
01:04:33,000 --> 01:04:36,160
Speaker 7: to understand is when everyone's typically talking about a coin,

1188
01:04:36,560 --> 01:04:40,200
Speaker 7: or everyone's typically talking about an investment, it's typically time

1189
01:04:40,280 --> 01:04:42,960
Speaker 7: to sell. If it's all over social media, if it's

1190
01:04:43,000 --> 01:04:46,080
Speaker 7: all over the media, it's typically time to sell. You

1191
01:04:46,120 --> 01:04:49,480
Speaker 7: want to buy the hype and sell the news. So

1192
01:04:49,520 --> 01:04:52,160
Speaker 7: am I saying that a lot of these coins can't

1193
01:04:52,200 --> 01:04:54,600
Speaker 7: benefit you know they can because these coins could be

1194
01:04:54,640 --> 01:04:57,480
Speaker 7: equity builders. That's the way I look at it. You

1195
01:04:57,520 --> 01:05:00,800
Speaker 7: can make ten twenty fifty thousand off this type of coin,

1196
01:05:01,280 --> 01:05:03,880
Speaker 7: but then boom, take that money and put it into

1197
01:05:03,920 --> 01:05:06,080
Speaker 7: a long term investment on the stock market, put it

1198
01:05:06,120 --> 01:05:09,680
Speaker 7: into bigcoin and ethereum. Things that have been proven, things

1199
01:05:09,680 --> 01:05:13,320
Speaker 7: that we've seen over time growth. Take the risky plays

1200
01:05:13,320 --> 01:05:15,920
Speaker 7: that you've made money on and put it into something

1201
01:05:15,960 --> 01:05:18,880
Speaker 7: more stable and more consistent. Don't go back out. They're

1202
01:05:18,920 --> 01:05:25,080
Speaker 7: still trying to gamble. So using technical analysis to buy crypto.

1203
01:05:25,240 --> 01:05:27,440
Speaker 7: So I know a lot of people are always like

1204
01:05:27,560 --> 01:05:31,360
Speaker 7: you know, I struggle with technicals, struggle with reading charts.

1205
01:05:31,480 --> 01:05:34,080
Speaker 7: So I want to make this very simple. Just gonna

1206
01:05:34,080 --> 01:05:36,480
Speaker 7: take two minutes, and I want to make this very

1207
01:05:36,520 --> 01:05:40,840
Speaker 7: simple for people to be able to kind of understand, like, Okay,

1208
01:05:40,960 --> 01:05:43,520
Speaker 7: where should I be looking at Because there was a

1209
01:05:43,560 --> 01:05:47,120
Speaker 7: lot of things that was said, particularly about bigcoin during

1210
01:05:47,120 --> 01:05:50,840
Speaker 7: this time. We saw bitcoin back in the middle of

1211
01:05:50,960 --> 01:05:55,920
Speaker 7: May retrace back now all the way to about thirty thousand,

1212
01:05:56,320 --> 01:05:58,720
Speaker 7: And what I want to bring quickly break down is

1213
01:05:58,760 --> 01:06:01,920
Speaker 7: I'm looking at bigcoin to USD pair and I'm on

1214
01:06:02,280 --> 01:06:06,440
Speaker 7: a technical timeframe called the weekly and daily. I believe

1215
01:06:06,440 --> 01:06:08,720
Speaker 7: that everyone, if you're looking at the crypto space, you

1216
01:06:08,720 --> 01:06:10,720
Speaker 7: should be a long term investor. I'm not really into

1217
01:06:10,760 --> 01:06:14,000
Speaker 7: the traded I don't really like people to just trade

1218
01:06:14,120 --> 01:06:16,800
Speaker 7: frequently in the crypto space. I like people to be

1219
01:06:16,800 --> 01:06:20,400
Speaker 7: able to buy hole, make money, and invest. When we

1220
01:06:20,440 --> 01:06:23,480
Speaker 7: see the fifty to sixty percent downturns, because these fifty

1221
01:06:23,480 --> 01:06:26,440
Speaker 7: to sixty percent downturns are nothing new in the crypto space.

1222
01:06:26,800 --> 01:06:29,640
Speaker 7: The last time that bitcoin hit twenty thousand and twenty

1223
01:06:29,720 --> 01:06:32,840
Speaker 7: seven towards in the twenty seventeen it took a long

1224
01:06:32,880 --> 01:06:35,080
Speaker 7: time for bitcoin to get back to that price, But

1225
01:06:35,120 --> 01:06:37,480
Speaker 7: there was plenty of times where bitcoin dropped to four

1226
01:06:37,520 --> 01:06:39,480
Speaker 7: thousand and then it came back up to twelve thousand,

1227
01:06:40,040 --> 01:06:42,920
Speaker 7: So how can you capitalize off of that? And also

1228
01:06:43,000 --> 01:06:45,920
Speaker 7: how can you see things from a bigger timeframe? So

1229
01:06:46,080 --> 01:06:51,080
Speaker 7: taking a look at bitcoin to USD, one technical indicator

1230
01:06:51,080 --> 01:06:54,160
Speaker 7: that I would recommend for people to have is price.

1231
01:06:54,320 --> 01:06:59,320
Speaker 7: Price is your number one indicator. Mac the's RSIs all

1232
01:06:59,360 --> 01:07:02,000
Speaker 7: of these cator's lag price. So what do I mean

1233
01:07:02,040 --> 01:07:05,919
Speaker 7: by that? Without price? There is no Magde without price,

1234
01:07:06,000 --> 01:07:09,160
Speaker 7: there is no RSI without price, there is no bullet

1235
01:07:09,360 --> 01:07:11,280
Speaker 7: er Beard. So I'm gonna give a shout out to

1236
01:07:11,280 --> 01:07:13,800
Speaker 7: Ian Dunlap. There was a reason why he was speaking

1237
01:07:13,840 --> 01:07:16,480
Speaker 7: about that twenty eighty four hundred and forty four price.

1238
01:07:17,520 --> 01:07:21,360
Speaker 7: That was a major support level for bitcoin. So Ian

1239
01:07:21,480 --> 01:07:23,800
Speaker 7: just didn't pull that number out of nowhere. He pulled

1240
01:07:23,840 --> 01:07:26,720
Speaker 7: it from where he's seen. What he's seen a technical

1241
01:07:26,840 --> 01:07:29,680
Speaker 7: level that was going to be hard to break underneath.

1242
01:07:30,280 --> 01:07:34,560
Speaker 7: As we saw back here January fourth, this year, January eleventh,

1243
01:07:34,680 --> 01:07:39,360
Speaker 7: January eighteenth, January twenty fifth, every candle on the weekly

1244
01:07:39,400 --> 01:07:41,880
Speaker 7: timeframe accounts four week, so all these were weeks. So

1245
01:07:41,920 --> 01:07:45,560
Speaker 7: as we saw early on in the run of this

1246
01:07:46,000 --> 01:07:48,959
Speaker 7: last run of crypto, we saw crypto kept pulling back

1247
01:07:49,000 --> 01:07:51,320
Speaker 7: to that level that he was speaking on, that twenty

1248
01:07:51,360 --> 01:07:55,640
Speaker 7: eight thousand, four hundred level. So that was now we

1249
01:07:55,720 --> 01:07:58,919
Speaker 7: have bigcoin that hit sixty five thousand the top here

1250
01:07:59,280 --> 01:08:01,800
Speaker 7: and then it pulled back and to climb a little

1251
01:08:01,840 --> 01:08:03,040
Speaker 7: over fifty percent.

1252
01:08:03,880 --> 01:08:06,880
Speaker 5: Red red pain are gonna be mad at you too much?

1253
01:08:08,120 --> 01:08:08,600
Speaker 11: Too much?

1254
01:08:09,120 --> 01:08:11,280
Speaker 5: Give it away? It is is.

1255
01:08:11,600 --> 01:08:14,640
Speaker 8: Wait wait you know, oh we got lef on the

1256
01:08:14,680 --> 01:08:15,480
Speaker 8: lunch shut.

1257
01:08:15,320 --> 01:08:18,000
Speaker 5: Out, shout out to market, mondays shot.

1258
01:08:21,160 --> 01:08:25,240
Speaker 7: By bad I'm bad Ian, Yeah, but uh no for real. Now,

1259
01:08:25,720 --> 01:08:28,880
Speaker 7: So when we see price revert back to these levels

1260
01:08:28,960 --> 01:08:33,080
Speaker 7: multiple times, so we had about five six seven instances

1261
01:08:33,080 --> 01:08:35,240
Speaker 7: of price reverting back to this level and it does

1262
01:08:35,280 --> 01:08:38,880
Speaker 7: not break. We categorize that as a major support level.

1263
01:08:39,240 --> 01:08:41,400
Speaker 7: So for those that are new to looking at this chart,

1264
01:08:41,439 --> 01:08:44,320
Speaker 7: it's saying, yo, what is he even talking about? Trading

1265
01:08:44,400 --> 01:08:47,760
Speaker 7: view is the website that I'm using. Pull up BTC

1266
01:08:47,960 --> 01:08:51,960
Speaker 7: to USD, pull up the weekly timeframe, and start looking

1267
01:08:51,960 --> 01:08:55,360
Speaker 7: at major support and major resistance levels. So what we

1268
01:08:55,439 --> 01:08:58,639
Speaker 7: saw was we saw a break underneath a major support level.

1269
01:08:59,280 --> 01:09:02,599
Speaker 7: It reverted back to this major and it was sitting

1270
01:09:02,600 --> 01:09:05,599
Speaker 7: here for about two months. And so what you want

1271
01:09:05,640 --> 01:09:07,839
Speaker 7: to understand is that you want to be paying attention

1272
01:09:07,920 --> 01:09:13,559
Speaker 7: to technicals when you're looking at investing in the crypto space.

1273
01:09:13,600 --> 01:09:15,479
Speaker 7: You just don't want to be buying. Oh it's at

1274
01:09:15,560 --> 01:09:18,040
Speaker 7: sixty thousand, and I don't want to miss out, so

1275
01:09:18,120 --> 01:09:20,320
Speaker 7: let me just go buy. No, you want to find

1276
01:09:20,680 --> 01:09:23,280
Speaker 7: a good entry. Is it going to be the best entry?

1277
01:09:23,320 --> 01:09:25,360
Speaker 7: Is it not going to go lower? It could, but

1278
01:09:25,520 --> 01:09:28,080
Speaker 7: you put yourself at a better advantage when you're able

1279
01:09:28,120 --> 01:09:31,680
Speaker 7: to use technicals to define, hey, where I'm looking to

1280
01:09:32,080 --> 01:09:35,600
Speaker 7: enter at this specific price. So we had a combination

1281
01:09:35,720 --> 01:09:39,519
Speaker 7: of a major bounce here towards that end of July,

1282
01:09:39,680 --> 01:09:42,800
Speaker 7: and we saw coins like Solona, We saw a lot

1283
01:09:42,800 --> 01:09:46,559
Speaker 7: of cryptos turn back up, Ethereum Bitcoin, But it was

1284
01:09:46,600 --> 01:09:50,679
Speaker 7: a technical reason why. Now Here is where I took

1285
01:09:50,720 --> 01:09:52,960
Speaker 7: where I was telling people like yo, don't worry about

1286
01:09:52,960 --> 01:09:55,519
Speaker 7: the China stuff. You know, everyone was saying, oh my god,

1287
01:09:56,520 --> 01:09:59,160
Speaker 7: China's banning Crypto. A lot of that is smoke, guys

1288
01:09:59,720 --> 01:10:02,439
Speaker 7: with what's not being told to you on this media

1289
01:10:02,600 --> 01:10:06,400
Speaker 7: is those people that's sitting on CNBC. They missed a

1290
01:10:06,400 --> 01:10:07,960
Speaker 7: lot of this stuff. I'm gonna tell you a lot

1291
01:10:07,960 --> 01:10:09,639
Speaker 7: of those people on CNBC, and a lot of those

1292
01:10:10,200 --> 01:10:13,720
Speaker 7: people are lazy. They don't do the hard work. They

1293
01:10:13,720 --> 01:10:15,880
Speaker 7: have people who do it for them, and a lot

1294
01:10:15,920 --> 01:10:19,200
Speaker 7: of times their people miss stuff because lazy habits were off.

1295
01:10:19,400 --> 01:10:22,280
Speaker 7: And so what happens is what's the easiest way for me,

1296
01:10:22,640 --> 01:10:26,040
Speaker 7: me to be able to buy something fifty percent cheaper. Well,

1297
01:10:26,520 --> 01:10:28,559
Speaker 7: we got to start thinking who runs the media. These

1298
01:10:28,600 --> 01:10:31,880
Speaker 7: wealthy people, wealthy billionaires, people you ain't never gonna see,

1299
01:10:32,760 --> 01:10:36,200
Speaker 7: You ain't never gonna see their face. They run this country,

1300
01:10:36,240 --> 01:10:39,200
Speaker 7: they run these markets, and so it's important for us

1301
01:10:39,200 --> 01:10:42,479
Speaker 7: to understand. It's easy if they miss something to say,

1302
01:10:42,960 --> 01:10:44,880
Speaker 7: go out here and put this narrative out here for

1303
01:10:44,920 --> 01:10:48,240
Speaker 7: a month or two, guess what was happening all here.

1304
01:10:48,320 --> 01:10:51,720
Speaker 7: That's why every time it hit these that level, it

1305
01:10:51,800 --> 01:10:56,760
Speaker 7: kept bouncing because guess what institutions were buying? Billionaires were

1306
01:10:56,800 --> 01:10:59,720
Speaker 7: buying people were buying there, and so it's important to

1307
01:10:59,800 --> 01:11:02,960
Speaker 7: under stand a psychological aspect of investing in the crypto

1308
01:11:03,000 --> 01:11:05,599
Speaker 7: space and investing in general. It's a lot easier if

1309
01:11:05,640 --> 01:11:07,679
Speaker 7: I miss something. If I know I have the power

1310
01:11:07,720 --> 01:11:11,120
Speaker 7: to go on SEEINGBC and say, well cryptos you know

1311
01:11:11,280 --> 01:11:14,240
Speaker 7: going to zero or I embarrassed on crypto right now

1312
01:11:14,280 --> 01:11:17,040
Speaker 7: and it falls, it's an easy opportunity now if it

1313
01:11:17,120 --> 01:11:19,280
Speaker 7: falls fifty percent, because what I'm going to tell you

1314
01:11:19,439 --> 01:11:21,400
Speaker 7: is ninety percent of people in the world don't do

1315
01:11:21,479 --> 01:11:23,920
Speaker 7: the hard work. Only ten percent of people is actually

1316
01:11:23,960 --> 01:11:25,800
Speaker 7: going to go do the reading, do the homework, do

1317
01:11:25,920 --> 01:11:28,719
Speaker 7: the technicals, do all the hard stuff. So ninety percent

1318
01:11:28,720 --> 01:11:30,800
Speaker 7: of people sat and said, oh, CNBC said this, so

1319
01:11:30,920 --> 01:11:33,920
Speaker 7: sel and that's what happened. But guess what the ten

1320
01:11:33,960 --> 01:11:38,440
Speaker 7: percent come in and swoop that up. They take that opportunity.

1321
01:11:38,520 --> 01:11:40,719
Speaker 7: And so that's my point there with the technical piece,

1322
01:11:47,640 --> 01:11:50,880
Speaker 7: And why is the crypto market so volatile? This is

1323
01:11:50,880 --> 01:11:52,800
Speaker 7: one of the questions I always get. The crypto market

1324
01:11:52,880 --> 01:11:56,160
Speaker 7: is very volatile because a lot of times there's a

1325
01:11:56,160 --> 01:11:58,840
Speaker 7: lot of wea cans, there's a lot of people looking

1326
01:11:58,840 --> 01:12:01,280
Speaker 7: to get rich quick. When it comes to the crypto space,

1327
01:12:01,640 --> 01:12:03,719
Speaker 7: there's not a lot of strong hands in the crypto space.

1328
01:12:04,040 --> 01:12:05,720
Speaker 7: There's a lot of people look in at boom, how

1329
01:12:05,720 --> 01:12:08,280
Speaker 7: can I make this money today? And there's a lot

1330
01:12:08,320 --> 01:12:11,640
Speaker 7: of whales. So what is a whale. A whale is

1331
01:12:11,640 --> 01:12:15,160
Speaker 7: someone who holds a large amount and vast majority amount

1332
01:12:15,160 --> 01:12:18,599
Speaker 7: of crypto. So when the whales move, if there's someone

1333
01:12:18,640 --> 01:12:21,519
Speaker 7: who might own two to five percent of one coin,

1334
01:12:21,800 --> 01:12:24,840
Speaker 7: if they make a move, well guess what that's gonna

1335
01:12:24,920 --> 01:12:27,400
Speaker 7: drop that price. And so a lot of times when

1336
01:12:27,439 --> 01:12:30,880
Speaker 7: the whales make their moves, that creates a lot of volatility.

1337
01:12:31,400 --> 01:12:34,320
Speaker 7: One of the things that you'll see on Sundays typically

1338
01:12:34,400 --> 01:12:36,200
Speaker 7: Sundays a lot of times where you see a lot

1339
01:12:36,200 --> 01:12:38,559
Speaker 7: of the volatility. A lot of the red days typically

1340
01:12:38,560 --> 01:12:42,240
Speaker 7: happen on those Saturday nights and Sundays throughout the day.

1341
01:12:43,040 --> 01:12:45,559
Speaker 7: That's a lot of times where you'll see a lot

1342
01:12:45,600 --> 01:12:47,720
Speaker 7: more volatility in the crypto market. But this is a

1343
01:12:47,760 --> 01:12:51,040
Speaker 7: market that moves twenty four to seven guys. It never stops.

1344
01:12:51,439 --> 01:12:53,920
Speaker 7: And so it's important to understand that the cryptocurrency market

1345
01:12:53,920 --> 01:12:57,120
Speaker 7: is very volatile. I always tell people, if you don't

1346
01:12:57,160 --> 01:12:59,680
Speaker 7: really have a high risk tolerance, this is probably not

1347
01:12:59,680 --> 01:13:02,320
Speaker 7: the place and it's not to be discriminatory, but it's

1348
01:13:02,360 --> 01:13:05,120
Speaker 7: just to be honest and transparent. It's like, if you're

1349
01:13:05,160 --> 01:13:09,000
Speaker 7: not comfortable with the volatility, then you should be very

1350
01:13:09,040 --> 01:13:12,040
Speaker 7: careful investing in the crypto space, so you should have

1351
01:13:12,080 --> 01:13:16,240
Speaker 7: a high risk tolance in my opinion. Twenty seventeen Crypto lesson,

1352
01:13:16,439 --> 01:13:20,360
Speaker 7: It's to be quick. Twenty seventeen Crypto lesson taught me

1353
01:13:20,600 --> 01:13:23,160
Speaker 7: what I just explained to you about the analysts, about

1354
01:13:23,200 --> 01:13:25,840
Speaker 7: people talking on CNBC all of that. There was a

1355
01:13:25,880 --> 01:13:28,639
Speaker 7: lot of people that said crypto is going to zero,

1356
01:13:28,880 --> 01:13:31,960
Speaker 7: and those same people are the people now that's all

1357
01:13:32,000 --> 01:13:34,920
Speaker 7: bullish on cryptos. So guess what they were saying that

1358
01:13:35,000 --> 01:13:37,600
Speaker 7: because they didn't have a position in yet. So be

1359
01:13:37,760 --> 01:13:40,160
Speaker 7: mindful of these people that we think are trying to

1360
01:13:40,160 --> 01:13:42,599
Speaker 7: look out for us by telling you the truth, typically

1361
01:13:42,640 --> 01:13:45,000
Speaker 7: go the other way. If they're telling you they ain't

1362
01:13:45,040 --> 01:13:49,000
Speaker 7: buying or they're bearished, they're partypically doing that. If everyone's

1363
01:13:49,040 --> 01:13:52,040
Speaker 7: becoming bullish on crypto, that's where you should be weary.

1364
01:13:52,479 --> 01:13:54,920
Speaker 7: That's when you should and that's what happened in April.

1365
01:13:55,320 --> 01:13:58,639
Speaker 7: Everyone was bullished. We've seen Ethereum go to four thousand,

1366
01:13:58,680 --> 01:14:01,200
Speaker 7: we've seen bitcoin, go care about it. We've seen coins

1367
01:14:01,240 --> 01:14:03,479
Speaker 7: doing crazy stuff if they're in Classic went from like

1368
01:14:03,520 --> 01:14:05,679
Speaker 7: twenty bucks to one to eighty. We're seeing all kinds

1369
01:14:05,680 --> 01:14:08,599
Speaker 7: of crazy stuff. That's typically where you want to sell.

1370
01:14:09,120 --> 01:14:10,720
Speaker 7: That's typically where it's like, all right, I want to

1371
01:14:10,760 --> 01:14:13,720
Speaker 7: sell take some profits. You want to understand is that

1372
01:14:14,280 --> 01:14:17,280
Speaker 7: this is a this is a very dirty game. This

1373
01:14:17,360 --> 01:14:19,439
Speaker 7: is and this is the hardcore truth. This is a

1374
01:14:19,560 --> 01:14:22,920
Speaker 7: very dirty game. And in twenty seventeen I learned a lot.

1375
01:14:23,200 --> 01:14:26,200
Speaker 7: I invested in crypto before I even invested in stocks,

1376
01:14:26,560 --> 01:14:28,559
Speaker 7: and a lot of the crypto transactions and the players

1377
01:14:28,600 --> 01:14:30,360
Speaker 7: that I made put me in a position to be

1378
01:14:30,400 --> 01:14:34,320
Speaker 7: able to invest in stocks. But I look at the

1379
01:14:34,400 --> 01:14:37,960
Speaker 7: crypto space to be able to build your equity. If

1380
01:14:38,000 --> 01:14:40,479
Speaker 7: you are investing in those smaller coins to build your

1381
01:14:40,560 --> 01:14:42,519
Speaker 7: equity off of them, you don't want to be putting

1382
01:14:42,520 --> 01:14:46,000
Speaker 7: house money on them. So my twenty seventeen crypto lesson is,

1383
01:14:46,360 --> 01:14:49,040
Speaker 7: do not be afraid to take profit, and do not

1384
01:14:49,280 --> 01:14:53,160
Speaker 7: follow the masses. It is really key. Do not follow

1385
01:14:53,200 --> 01:14:56,360
Speaker 7: the masses. If everyone's telling you to buy this, buy that,

1386
01:14:56,560 --> 01:14:59,280
Speaker 7: go the other way. If your barber is telling you, hey,

1387
01:14:59,280 --> 01:15:01,439
Speaker 7: did you buy this? I'm buying that, but they ain't

1388
01:15:01,520 --> 01:15:04,719
Speaker 7: never had a conversation with you about investing a crypto before.

1389
01:15:04,960 --> 01:15:06,920
Speaker 7: Do you think that's something you should be doing. No,

1390
01:15:07,320 --> 01:15:09,000
Speaker 7: So you want to be wary of that. You want

1391
01:15:09,000 --> 01:15:11,960
Speaker 7: to be careful of that. That's really important. And the

1392
01:15:12,000 --> 01:15:14,960
Speaker 7: twenty seventeen lesson taught me is like, pay attention to, Yes,

1393
01:15:15,040 --> 01:15:17,519
Speaker 7: what's being said on the news, but also understand that's

1394
01:15:17,560 --> 01:15:19,639
Speaker 7: a lot of smoke. And that's not just the crypto market,

1395
01:15:19,680 --> 01:15:22,799
Speaker 7: that's the stock market and you know markets just in general.

1396
01:15:23,200 --> 01:15:26,160
Speaker 7: My top coins for people to watch in twenty twenty

1397
01:15:26,160 --> 01:15:29,880
Speaker 7: two one is chain Link. Chain Link is in ethereum

1398
01:15:29,920 --> 01:15:33,240
Speaker 7: based token. I would say for people to go research

1399
01:15:33,360 --> 01:15:35,599
Speaker 7: chain Link. You can find it in a ticket l

1400
01:15:35,600 --> 01:15:39,080
Speaker 7: I MK. That's one of the things that I would

1401
01:15:39,080 --> 01:15:41,639
Speaker 7: tell people to pay attention to and watch in twenty

1402
01:15:41,680 --> 01:15:45,800
Speaker 7: twenty two. Chain Link is one of those. Also, I

1403
01:15:45,840 --> 01:15:49,800
Speaker 7: would tell people as well to continue to watch XLMS

1404
01:15:49,840 --> 01:15:53,479
Speaker 7: Stellar Lumens. I would tell people to continue to monitor

1405
01:15:53,600 --> 01:15:56,240
Speaker 7: Stellar lumins. And those are just the two coins that

1406
01:15:56,280 --> 01:15:59,400
Speaker 7: I typically wanted to recommend for people to just take

1407
01:15:59,400 --> 01:16:02,120
Speaker 7: a look at some research on. And the last thing

1408
01:16:02,240 --> 01:16:05,280
Speaker 7: is Yo stay in the top ten to twenty crypto coins.

1409
01:16:05,280 --> 01:16:08,840
Speaker 7: Please don't start deviating into things that you don't know

1410
01:16:08,920 --> 01:16:14,439
Speaker 7: nothing about. Please pay attention. Ultimately, you got to understand

1411
01:16:14,479 --> 01:16:17,240
Speaker 7: that this space, like I said, is very volatile. You

1412
01:16:17,280 --> 01:16:19,680
Speaker 7: don't just want to be buying things because you feel like,

1413
01:16:19,720 --> 01:16:21,840
Speaker 7: oh my gosh, this is cheap and I can get

1414
01:16:21,880 --> 01:16:23,840
Speaker 7: a million coins of this coin. You want to stay

1415
01:16:23,840 --> 01:16:28,479
Speaker 7: away from that type of mindset. Focus on consistency, Focus

1416
01:16:28,520 --> 01:16:31,040
Speaker 7: on yo, I want to do this for twenty thirty years.

1417
01:16:31,120 --> 01:16:32,960
Speaker 7: I want to leave my kids big coin. I want

1418
01:16:32,960 --> 01:16:36,640
Speaker 7: to leave my grandkids great grandkids. I want want them

1419
01:16:36,680 --> 01:16:39,320
Speaker 7: to say, yo, I was you know, I was out

1420
01:16:39,360 --> 01:16:41,680
Speaker 7: there working. So have that mindset when you're investing in

1421
01:16:41,720 --> 01:16:45,000
Speaker 7: crypto space. Don't have the mindset of I'm gonna put

1422
01:16:45,160 --> 01:16:48,120
Speaker 7: I'm gonna leverage my mortgage, I'm gonna pull out all

1423
01:16:48,160 --> 01:16:50,800
Speaker 7: my savings, I'm gonna pull it all on Sheba. Like please,

1424
01:16:50,840 --> 01:16:52,960
Speaker 7: don't have that attitude because all it takes is one

1425
01:16:53,000 --> 01:16:55,360
Speaker 7: bad term for Sheba. And if you didn't learn it

1426
01:16:55,400 --> 01:16:58,439
Speaker 7: on dodge coin and it happens on Sheba, you should

1427
01:16:58,439 --> 01:17:00,679
Speaker 7: have learned your lesson the first time. She was going

1428
01:17:00,720 --> 01:17:03,400
Speaker 7: crazy right now? Yes, but it ain't gonna go crazy forever.

1429
01:17:03,880 --> 01:17:06,040
Speaker 7: And so that's all I wanted to say. I love

1430
01:17:06,120 --> 01:17:09,599
Speaker 7: e y L. I appreciate e Yl for always having me.

1431
01:17:10,040 --> 01:17:13,960
Speaker 7: You guys are honestly, this audience in this crowd is monstrous,

1432
01:17:15,080 --> 01:17:18,000
Speaker 7: and yo, like I love it. So Troy Rashad, thanks

1433
01:17:18,000 --> 01:17:18,639
Speaker 7: for having me.

1434
01:17:18,680 --> 01:17:20,679
Speaker 8: My dog, he said that. That's all I got to say.

1435
01:17:21,840 --> 01:17:25,320
Speaker 8: Standing ovation, man, Yo, round of applause for these two gentlemen.

1436
01:17:25,360 --> 01:17:27,720
Speaker 3: Please stand in ovation. Never been done this real by

1437
01:17:27,760 --> 01:17:31,120
Speaker 3: anybody ever on on on on this scale. That ever,

1438
01:17:31,520 --> 01:17:34,800
Speaker 3: well that's a fact. But Yo, this this is this

1439
01:17:34,880 --> 01:17:38,599
Speaker 3: is a like I said, we have a masterclass and man,

1440
01:17:38,680 --> 01:17:42,240
Speaker 3: this level of information. How much would would institutions and

1441
01:17:42,280 --> 01:17:44,400
Speaker 3: people pay pay for this? How many people? How much

1442
01:17:44,439 --> 01:17:47,160
Speaker 3: would they charge for this? Like this is ivy League

1443
01:17:47,760 --> 01:17:52,720
Speaker 3: level education for free. By the way, mind you, mind you,

1444
01:17:53,880 --> 01:17:54,920
Speaker 3: it costs you nothing.

1445
01:17:55,680 --> 01:18:00,160
Speaker 8: And I mean the two gentlemen obviously a brilliant and

1446
01:18:00,200 --> 01:18:01,960
Speaker 8: we said, like, yo, just scale down the piece and

1447
01:18:02,000 --> 01:18:04,040
Speaker 8: today had to pull back some of the information. So

1448
01:18:04,120 --> 01:18:05,680
Speaker 8: that just tells you the wealth of nowe that these

1449
01:18:05,680 --> 01:18:08,840
Speaker 8: two guys have incredible. It looks like when Shack and

1450
01:18:08,920 --> 01:18:10,040
Speaker 8: Coley did forty and forty.

1451
01:18:11,920 --> 01:18:13,559
Speaker 3: We're gonna go to Q and A. But before we

1452
01:18:13,600 --> 01:18:14,920
Speaker 3: go into Q and A, we just want to make

1453
01:18:14,920 --> 01:18:18,040
Speaker 3: an announcement alive. So if you just joined us, you

1454
01:18:18,160 --> 01:18:21,120
Speaker 3: know that Alistair first gentleman. He's the president of our

1455
01:18:21,120 --> 01:18:25,120
Speaker 3: Crypto club for ey University and Lawrence. He's twenty two

1456
01:18:25,160 --> 01:18:28,599
Speaker 3: years old by the way, wiz Kid, we just signed him,

1457
01:18:28,800 --> 01:18:31,240
Speaker 3: and he's a tenured professor. He's going to be teaching

1458
01:18:31,240 --> 01:18:34,519
Speaker 3: a class for Eyle University every single month, and he

1459
01:18:34,640 --> 01:18:35,880
Speaker 3: does not only he's.

1460
01:18:35,720 --> 01:18:37,600
Speaker 5: Doing crypto today, but he usually does stop that's what

1461
01:18:37,600 --> 01:18:38,200
Speaker 5: we're usually talking.

1462
01:18:38,320 --> 01:18:41,400
Speaker 3: Yeah, so he does he does stocks and crypto, but

1463
01:18:41,439 --> 01:18:44,360
Speaker 3: he usually does stocks. So he's tenured and he teaches

1464
01:18:44,360 --> 01:18:45,920
Speaker 3: a class. He's going to teach a class for Eyo

1465
01:18:46,000 --> 01:18:48,760
Speaker 3: University every every single month. Like I said, I mean,

1466
01:18:48,760 --> 01:18:51,439
Speaker 3: you got to look at higher education, and there's no

1467
01:18:51,520 --> 01:18:54,720
Speaker 3: higher education at Eyo University. So when you're looking at

1468
01:18:54,720 --> 01:18:58,120
Speaker 3: Harvard for eighty thousand dollars a year, NYU for sixty

1469
01:18:58,200 --> 01:19:02,719
Speaker 3: thousand dollars a year, you name it, Yale for seventy

1470
01:19:02,800 --> 01:19:06,679
Speaker 3: two thousand dollars a year, Northwestern for sixty five thousand

1471
01:19:06,720 --> 01:19:10,760
Speaker 3: dollars a year. EYL University seven hundred dollars a year,

1472
01:19:10,920 --> 01:19:12,639
Speaker 3: never going to be that price of again. The price

1473
01:19:12,720 --> 01:19:14,680
Speaker 3: is going up in two days, never going to be

1474
01:19:14,720 --> 01:19:18,679
Speaker 3: this price ever again, never again, where nowhere in the world,

1475
01:19:18,880 --> 01:19:24,160
Speaker 3: nowhere in the world, never never ever again. So yeah,

1476
01:19:23,800 --> 01:19:26,639
Speaker 3: it's nothing to sell. You've seen, you've seen, You've seen

1477
01:19:26,640 --> 01:19:28,080
Speaker 3: our work, and like I said, this is something that

1478
01:19:28,120 --> 01:19:31,280
Speaker 3: we do every single week. We have clubs inside of

1479
01:19:31,280 --> 01:19:35,280
Speaker 3: ey University. I do a financial planning call, Troy does

1480
01:19:35,320 --> 01:19:37,759
Speaker 3: the book club, movie club, we have a Facebook group,

1481
01:19:38,200 --> 01:19:41,160
Speaker 3: Matt does real estate. I mean, we've poured so much

1482
01:19:41,479 --> 01:19:44,920
Speaker 3: and we have two full time employees, we have tenured professors,

1483
01:19:45,840 --> 01:19:49,920
Speaker 3: and we're planning group activities this year. So yeah, I

1484
01:19:49,920 --> 01:19:52,559
Speaker 3: mean ey University. When we say it's the biggest ever,

1485
01:19:52,880 --> 01:19:55,360
Speaker 3: we're not just throwing that out there. It's actually we

1486
01:19:55,400 --> 01:19:57,200
Speaker 3: actually put a lot of time into this, and we

1487
01:19:57,360 --> 01:20:01,439
Speaker 3: formatted it and we have the correc people that's actually teaching,

1488
01:20:02,000 --> 01:20:05,000
Speaker 3: and we've actually it's not as easy as it looks

1489
01:20:05,040 --> 01:20:06,519
Speaker 3: to put together something like this, So.

1490
01:20:06,560 --> 01:20:08,320
Speaker 8: I'm glad you said that. So I just want to

1491
01:20:08,320 --> 01:20:10,479
Speaker 8: shout out to some of the people behind the scenes.

1492
01:20:10,479 --> 01:20:13,560
Speaker 8: Shout out to Janet. She is the e y L

1493
01:20:14,080 --> 01:20:17,120
Speaker 8: Ambassador President. She runs everything and shout out to our

1494
01:20:17,200 --> 01:20:20,040
Speaker 8: new hire Madgie that we met today inside of the Chester,

1495
01:20:20,120 --> 01:20:22,320
Speaker 8: Shout to Magi, Shout to all the women that help

1496
01:20:22,560 --> 01:20:23,080
Speaker 8: and make.

1497
01:20:22,960 --> 01:20:24,760
Speaker 4: Sure that e y L University is what it is.

1498
01:20:24,800 --> 01:20:26,519
Speaker 3: And shout to all the club leaders. I wasn't able

1499
01:20:26,520 --> 01:20:28,639
Speaker 3: to make that call with another call, but talk about women,

1500
01:20:28,720 --> 01:20:32,679
Speaker 3: shout women leader, all the club leaders. So take advantage

1501
01:20:32,720 --> 01:20:34,559
Speaker 3: of it, man, Like I said, you know, if you don't,

1502
01:20:34,640 --> 01:20:37,160
Speaker 3: if you don't invest in your education, what are you

1503
01:20:37,200 --> 01:20:40,360
Speaker 3: investing in? So go to EYO University dot com right now,

1504
01:20:40,479 --> 01:20:44,080
Speaker 3: sign up. The link is Penneding YouTube. There's nobody has

1505
01:20:44,120 --> 01:20:46,639
Speaker 3: ever offered this much value for this price point. Never,

1506
01:20:46,720 --> 01:20:49,639
Speaker 3: It's never been done ever in history, never, nobody ever.

1507
01:20:50,800 --> 01:20:52,880
Speaker 3: So let's get into some questions. This is another part

1508
01:20:52,880 --> 01:20:56,680
Speaker 3: of the ey University experience where it's different from the podcast,

1509
01:20:56,760 --> 01:21:00,760
Speaker 3: where people actually get to ask questions and and it's

1510
01:21:00,800 --> 01:21:02,080
Speaker 3: an interactive experience.

1511
01:21:02,520 --> 01:21:05,559
Speaker 5: So yes, let's get if we can.

1512
01:21:06,400 --> 01:21:08,800
Speaker 4: Aaron, we're coming to you. I mute yourself. You've been muted.

1513
01:21:08,840 --> 01:21:09,400
Speaker 4: What's going on?

1514
01:21:11,320 --> 01:21:15,080
Speaker 9: Fellas doing very well?

1515
01:21:15,120 --> 01:21:15,559
Speaker 4: First off?

1516
01:21:15,640 --> 01:21:16,600
Speaker 5: I want to say.

1517
01:21:17,840 --> 01:21:21,040
Speaker 9: Y'all both killed it tonight and Lawrence respectfully, you put

1518
01:21:21,120 --> 01:21:28,880
Speaker 9: up a hot well, Chamberlain, My goodness, My goodness. So

1519
01:21:29,040 --> 01:21:34,439
Speaker 9: I had a question about staking. I don't know which

1520
01:21:34,479 --> 01:21:39,160
Speaker 9: of you would like to answer, but I have bt C,

1521
01:21:39,720 --> 01:21:44,920
Speaker 9: E E T, h ady A and link. I'm staking

1522
01:21:44,960 --> 01:21:46,599
Speaker 9: eighty a with red Panda shout out.

1523
01:21:47,520 --> 01:21:49,640
Speaker 5: But I was looking to see.

1524
01:21:49,720 --> 01:21:51,719
Speaker 9: I want to steak as much as possible because I'm

1525
01:21:51,760 --> 01:21:53,360
Speaker 9: in them all long term, so it's not like I'm

1526
01:21:53,360 --> 01:21:56,800
Speaker 9: going to be accessing them anytime soon. Is this something

1527
01:21:56,840 --> 01:21:59,920
Speaker 9: where I'm having to get different wallets or use different

1528
01:22:00,040 --> 01:22:02,600
Speaker 9: platforms to steak each or is there a way that

1529
01:22:02,640 --> 01:22:05,879
Speaker 9: I'm able to consolidate, make it a little bit easier

1530
01:22:07,960 --> 01:22:10,160
Speaker 9: and use one platform if that makes sense.

1531
01:22:14,080 --> 01:22:15,559
Speaker 6: Sure I can. I can start up.

1532
01:22:18,520 --> 01:22:21,639
Speaker 10: So right now you're stacking Ada with red Panda, and

1533
01:22:22,160 --> 01:22:24,439
Speaker 10: you're probably doing that for either the your roy wallet

1534
01:22:24,520 --> 01:22:28,840
Speaker 10: or the data list wallet. But there are some Yeah,

1535
01:22:28,840 --> 01:22:33,519
Speaker 10: there are some platforms that allow you to steak on them, so,

1536
01:22:33,640 --> 01:22:36,120
Speaker 10: like I know, Finance is one of them. That's if

1537
01:22:36,120 --> 01:22:38,720
Speaker 10: you want to go decentralized route. But if you do

1538
01:22:38,840 --> 01:22:45,520
Speaker 10: it the decentralized route, there are not many different platforms

1539
01:22:45,520 --> 01:22:48,160
Speaker 10: that allow you to steak the same token. So for example,

1540
01:22:48,200 --> 01:22:51,719
Speaker 10: you can't steak eth with the euroy wallet. Now, one

1541
01:22:52,280 --> 01:22:54,360
Speaker 10: option if you do have ethan you want to steak

1542
01:22:54,400 --> 01:22:57,439
Speaker 10: it is litle that's spelled l I d oh lito.

1543
01:22:58,160 --> 01:23:00,720
Speaker 10: So that's one that I use when for staking eth.

1544
01:23:01,479 --> 01:23:05,639
Speaker 10: Uh BTC bitcoin is not a proof of steak coin,

1545
01:23:05,800 --> 01:23:09,160
Speaker 10: so you can't stake it. But another option if you

1546
01:23:09,200 --> 01:23:11,600
Speaker 10: want to do this is you can actually use a

1547
01:23:11,760 --> 01:23:14,920
Speaker 10: platform like block five and they will give you interest

1548
01:23:14,960 --> 01:23:19,400
Speaker 10: on your bitcoin. And for link link there is no

1549
01:23:19,520 --> 01:23:24,960
Speaker 10: staking on link at the moment. So that's uh, just

1550
01:23:24,960 --> 01:23:26,120
Speaker 10: a little bit of information for you.

1551
01:23:28,240 --> 01:23:28,400
Speaker 5: There.

1552
01:23:28,439 --> 01:23:29,719
Speaker 4: You have it perfect.

1553
01:23:29,720 --> 01:23:30,360
Speaker 5: Thank you so much.

1554
01:23:30,360 --> 01:23:32,559
Speaker 4: I appreciate it. Thank I appreciate you.

1555
01:23:32,600 --> 01:23:34,840
Speaker 5: Thank you, brother, appreciate you.

1556
01:23:34,960 --> 01:23:36,800
Speaker 4: Proof of steak, proof of steak. You think it is

1557
01:23:36,800 --> 01:23:37,800
Speaker 4: about to go to proof of steak.

1558
01:23:37,840 --> 01:23:40,040
Speaker 3: Shout out to the good folks at by the Hood.

1559
01:23:40,160 --> 01:23:42,479
Speaker 3: Those are my guys in Philly.

1560
01:23:44,040 --> 01:23:44,920
Speaker 6: Shout out to them.

1561
01:23:45,280 --> 01:23:47,639
Speaker 4: Leon, were coming to you. I mute yourself. You've been unmuted.

1562
01:23:47,680 --> 01:23:48,240
Speaker 4: What's going on?

1563
01:23:48,360 --> 01:23:50,800
Speaker 5: Shout to Daryl on a super chat. What's going on? Brother?

1564
01:23:52,120 --> 01:23:52,760
Speaker 4: Everything good?

1565
01:23:53,439 --> 01:23:57,040
Speaker 5: So what's you buoy coins? Say?

1566
01:23:57,040 --> 01:24:03,360
Speaker 11: Whether it be bitcoin theory, car Donald, whatever, what do

1567
01:24:03,439 --> 01:24:06,519
Speaker 11: y'all say, is the next steps or the next level that.

1568
01:24:06,520 --> 01:24:07,080
Speaker 5: You should go to?

1569
01:24:08,840 --> 01:24:10,760
Speaker 4: You said after you purchased coin.

1570
01:24:11,040 --> 01:24:16,360
Speaker 8: Yeah, yeah, I mean I would say security, I'll like Lawrence.

1571
01:24:16,840 --> 01:24:23,840
Speaker 7: Besides security, yeah, I would say, depending what the brother

1572
01:24:24,000 --> 01:24:26,120
Speaker 7: just asked before, it is key if you do have

1573
01:24:26,200 --> 01:24:29,840
Speaker 7: opportunity to steak, you can depending on what platform, if

1574
01:24:29,840 --> 01:24:32,040
Speaker 7: there is ability for you to stake. I would say

1575
01:24:32,080 --> 01:24:35,680
Speaker 7: that the answer I was going to give would be

1576
01:24:35,720 --> 01:24:39,880
Speaker 7: the security security piece, okay, And then also having a

1577
01:24:39,960 --> 01:24:42,920
Speaker 7: structured plan, which is something that I didn't get a

1578
01:24:42,960 --> 01:24:46,000
Speaker 7: chance to touch on, but having an exit point, because

1579
01:24:46,000 --> 01:24:48,080
Speaker 7: I think one of the biggest things that people don't

1580
01:24:48,080 --> 01:24:50,840
Speaker 7: have is having an exit point. So people are like, Okay,

1581
01:24:50,880 --> 01:24:53,439
Speaker 7: it's going to the moon, but you haven't taken any profit.

1582
01:24:53,880 --> 01:24:56,439
Speaker 7: So scaling in and scaling out of the position for

1583
01:24:56,520 --> 01:24:58,960
Speaker 7: me would be really key. To tell people. It's like

1584
01:24:59,000 --> 01:25:02,080
Speaker 7: having a target price, like it might whatever that price

1585
01:25:02,120 --> 01:25:04,120
Speaker 7: is in your head's gonna be different person to person.

1586
01:25:04,600 --> 01:25:06,800
Speaker 7: But being willing to take profit, I would say, is

1587
01:25:06,840 --> 01:25:10,280
Speaker 7: that that next piece and having a plan in place

1588
01:25:10,320 --> 01:25:11,960
Speaker 7: to say, all right, this is where I'm looking to

1589
01:25:12,000 --> 01:25:13,599
Speaker 7: take a little bit off the table. This is where

1590
01:25:13,760 --> 01:25:16,639
Speaker 7: if it goes down, it might add because what happens

1591
01:25:16,720 --> 01:25:18,479
Speaker 7: is so many times people are like, Okay, well I'll

1592
01:25:18,479 --> 01:25:20,479
Speaker 7: put the money in, I'm just gonna wait for it

1593
01:25:20,560 --> 01:25:22,800
Speaker 7: to appreciate, and then you get one hundred percent or

1594
01:25:22,800 --> 01:25:25,559
Speaker 7: two hundred percent return. But then you have an exited

1595
01:25:25,960 --> 01:25:29,120
Speaker 7: So I would say having a proper exit and an

1596
01:25:29,360 --> 01:25:31,439
Speaker 7: entry pattern as well too if it does go to

1597
01:25:31,520 --> 01:25:34,000
Speaker 7: the downside, where you might start dollar cost averaging. So

1598
01:25:34,080 --> 01:25:34,920
Speaker 7: that's what I would say.

1599
01:25:35,280 --> 01:25:38,360
Speaker 11: Now, how does that play into texts as far as

1600
01:25:38,400 --> 01:25:42,920
Speaker 11: taking profit? As far as them you know the uh,

1601
01:25:43,800 --> 01:25:47,120
Speaker 11: I guess I rs? Yeah, irs? How does that play

1602
01:25:47,160 --> 01:25:48,800
Speaker 11: in today? That's why it's taking profit?

1603
01:25:49,920 --> 01:25:53,599
Speaker 7: Yeah, So there's honestly it's a different person to person.

1604
01:25:53,680 --> 01:25:55,200
Speaker 7: Of course, is going to depend on if it's a

1605
01:25:55,240 --> 01:25:58,920
Speaker 7: short term more long term capital gains tax and that's

1606
01:25:59,000 --> 01:26:00,760
Speaker 7: something that people need to be weary of when they

1607
01:26:00,840 --> 01:26:04,679
Speaker 7: are trading out of these cryptos short term, and even

1608
01:26:04,760 --> 01:26:08,280
Speaker 7: if you are transitioning from one crypto to another, that

1609
01:26:08,520 --> 01:26:11,400
Speaker 7: is a taxable event. So when you're on coinbase and

1610
01:26:11,479 --> 01:26:15,559
Speaker 7: you transfer from ethereum to bitcoin, that is a taxable event.

1611
01:26:15,840 --> 01:26:18,400
Speaker 7: So you want to understand that as well too. And

1612
01:26:18,479 --> 01:26:20,080
Speaker 7: I think that's one of the things that kind of

1613
01:26:20,160 --> 01:26:23,040
Speaker 7: gets people a little bit confused on the tax side.

1614
01:26:23,720 --> 01:26:25,840
Speaker 7: I would tell I always tell people I'm not a

1615
01:26:25,920 --> 01:26:28,760
Speaker 7: tax professional, to go talk to your financial advisor and

1616
01:26:28,800 --> 01:26:31,160
Speaker 7: your tax professional because they're going to give you more

1617
01:26:31,200 --> 01:26:34,800
Speaker 7: information based upon your personal case. But I always tell

1618
01:26:34,840 --> 01:26:38,320
Speaker 7: people to be mindful of that and please be sure

1619
01:26:38,360 --> 01:26:40,439
Speaker 7: to put money aside when you do make money to

1620
01:26:40,479 --> 01:26:41,280
Speaker 7: pay your taxes.

1621
01:26:41,520 --> 01:26:44,880
Speaker 11: Yeah, that was my next question, since you put money

1622
01:26:44,920 --> 01:26:46,519
Speaker 11: inside taxes.

1623
01:26:46,840 --> 01:26:49,840
Speaker 7: Yeah, put money aside and pay your taxes. So that's

1624
01:26:50,080 --> 01:26:52,439
Speaker 7: the first thing that you do with any investment, putting

1625
01:26:52,439 --> 01:26:55,880
Speaker 7: money inside to pay your taxes. So that's going to

1626
01:26:55,920 --> 01:26:58,679
Speaker 7: be key. Having a separate account for that savings account,

1627
01:26:58,720 --> 01:27:00,880
Speaker 7: whatever you want to have for that. Pull that money

1628
01:27:00,960 --> 01:27:03,600
Speaker 7: out and make sure that you have that aside to

1629
01:27:03,640 --> 01:27:05,240
Speaker 7: pay your taxes at the end of the year, because

1630
01:27:05,240 --> 01:27:06,320
Speaker 7: the irs will want that.

1631
01:27:07,920 --> 01:27:11,559
Speaker 3: Leon appreciate you, bro, that's it all right, they gonna

1632
01:27:11,560 --> 01:27:13,559
Speaker 3: want their money range sleep and snow.

1633
01:27:13,439 --> 01:27:15,439
Speaker 8: The fact man, that goes for crypto and that goes

1634
01:27:15,760 --> 01:27:18,080
Speaker 8: for the stock market as well. Man, make sure it's

1635
01:27:18,160 --> 01:27:20,400
Speaker 8: cool to have gains, but make sure that if you

1636
01:27:20,479 --> 01:27:23,639
Speaker 8: are taking profit, that you are aware that there will

1637
01:27:23,720 --> 01:27:27,160
Speaker 8: be a penalty called tax right, So it's either going

1638
01:27:27,240 --> 01:27:28,920
Speaker 8: to be short term, it's going to be long term.

1639
01:27:28,920 --> 01:27:30,639
Speaker 4: The year in the day. We always tell people long term.

1640
01:27:30,880 --> 01:27:32,519
Speaker 8: If you're going to hold an asset, make sure it's

1641
01:27:32,520 --> 01:27:34,680
Speaker 8: the end of the day, so it's long term capital gain.

1642
01:27:34,720 --> 01:27:36,559
Speaker 8: If you do anything under a year in the day,

1643
01:27:36,600 --> 01:27:37,920
Speaker 8: it is short term capital gains.

1644
01:27:38,400 --> 01:27:41,840
Speaker 6: Please add something to that as well. Yeah.

1645
01:27:41,920 --> 01:27:44,599
Speaker 10: One strategy some people would use is they would actually

1646
01:27:45,160 --> 01:27:47,800
Speaker 10: borrow against their assets so they won't have to sell

1647
01:27:47,840 --> 01:27:50,519
Speaker 10: it and won't have to go through the taxable events.

1648
01:27:50,560 --> 01:27:52,760
Speaker 10: So that's when strategy that I know a lot of

1649
01:27:52,800 --> 01:27:55,040
Speaker 10: people use. I actually use that myself. Instead of selling

1650
01:27:55,080 --> 01:27:58,680
Speaker 10: my bitcoin, I would borrow against it if I need

1651
01:27:58,760 --> 01:28:02,120
Speaker 10: the cash for something, So that allows you to avoid

1652
01:28:02,160 --> 01:28:03,519
Speaker 10: those those taxable events.

1653
01:28:04,960 --> 01:28:07,240
Speaker 4: I know you talk about loaning out some of your coins.

1654
01:28:08,640 --> 01:28:10,519
Speaker 4: Does that apply to that as well.

1655
01:28:11,680 --> 01:28:13,599
Speaker 10: Uh no, if you loan your well, if you loan

1656
01:28:13,680 --> 01:28:16,640
Speaker 10: your coins out and you get a interest on that,

1657
01:28:17,200 --> 01:28:19,240
Speaker 10: I'm not gonna say yes or no. I got a

1658
01:28:19,320 --> 01:28:21,400
Speaker 10: check in with my accountant first before I give any

1659
01:28:21,720 --> 01:28:25,160
Speaker 10: But I know for borrowing against it, uh, you don't

1660
01:28:25,240 --> 01:28:26,639
Speaker 10: go through that taxable event.

1661
01:28:27,280 --> 01:28:28,679
Speaker 5: Let me ask you guys, both you guys.

1662
01:28:29,520 --> 01:28:31,280
Speaker 3: For people that's just starting out and they you know,

1663
01:28:31,800 --> 01:28:33,680
Speaker 3: they might not feel comfortable with the nano legend and

1664
01:28:33,680 --> 01:28:36,000
Speaker 3: stuff like that. Coinbase is you know, an easy way,

1665
01:28:36,600 --> 01:28:39,640
Speaker 3: do you are? Is it a good idea to have

1666
01:28:39,840 --> 01:28:41,840
Speaker 3: your cryptocurrency held on Coinbase?

1667
01:28:44,560 --> 01:28:47,120
Speaker 7: I say, I say no. And the reason why I

1668
01:28:47,240 --> 01:28:49,599
Speaker 7: say no is I've seen it go wrong a lot

1669
01:28:49,680 --> 01:28:52,800
Speaker 7: of times where people get locked locked out of their

1670
01:28:53,240 --> 01:28:55,479
Speaker 7: their coin Base account, haven't been able to get back in.

1671
01:28:57,240 --> 01:28:59,200
Speaker 7: Coinbase had a lot of issues in the past and

1672
01:28:59,320 --> 01:29:03,840
Speaker 7: still does have a lot of issues. I tell people

1673
01:29:04,040 --> 01:29:06,479
Speaker 7: it's always best to have it on your own device

1674
01:29:06,560 --> 01:29:08,960
Speaker 7: for you to be able to control it. Coin Base

1675
01:29:09,040 --> 01:29:11,200
Speaker 7: is just a means for you to exchange, so when

1676
01:29:11,200 --> 01:29:13,560
Speaker 7: you're ready to purchase or you're ready to sell, you

1677
01:29:13,600 --> 01:29:16,000
Speaker 7: can send it back to coinbased sell take your money,

1678
01:29:16,360 --> 01:29:18,360
Speaker 7: or after you purchase Boom, you send it to the

1679
01:29:18,439 --> 01:29:21,600
Speaker 7: ledger the store. And I just always want people to

1680
01:29:21,640 --> 01:29:23,920
Speaker 7: be protected in the space because there is no one

1681
01:29:23,960 --> 01:29:26,519
Speaker 7: to call when things go wrong. And that's my reasoning

1682
01:29:26,600 --> 01:29:27,439
Speaker 7: behind me saying that.

1683
01:29:29,040 --> 01:29:32,759
Speaker 10: Yeah, so the saying not your keys, not your cheese.

1684
01:29:33,120 --> 01:29:36,000
Speaker 10: Shout out to Isaiah Jackson for that one, but yeah,

1685
01:29:36,040 --> 01:29:38,640
Speaker 10: it's best not to keep your coins on an exchange.

1686
01:29:38,720 --> 01:29:40,680
Speaker 10: But one thing I'm going to add is if you're

1687
01:29:40,720 --> 01:29:44,000
Speaker 10: going to have your coins on a Ledger or something

1688
01:29:44,120 --> 01:29:48,200
Speaker 10: like that, please because none of us have promised tomorrow,

1689
01:29:48,240 --> 01:29:50,600
Speaker 10: so please make sure you have a plan just in

1690
01:29:50,720 --> 01:29:53,280
Speaker 10: case you're not able to get to your coins. If

1691
01:29:53,320 --> 01:29:56,320
Speaker 10: you have some loved ones that would you be able

1692
01:29:56,360 --> 01:29:58,680
Speaker 10: to use those coins if for some reason you're no

1693
01:29:58,760 --> 01:30:00,800
Speaker 10: longer able to, Like I've heard stories of people who

1694
01:30:00,880 --> 01:30:03,479
Speaker 10: passed away and their family weren't able to get to

1695
01:30:04,200 --> 01:30:07,439
Speaker 10: their assets. So if you're going to use a ledger

1696
01:30:07,560 --> 01:30:09,960
Speaker 10: or something like that to store your assets, please have

1697
01:30:10,080 --> 01:30:13,439
Speaker 10: a plan in place just in case, you know, something happens.

1698
01:30:14,040 --> 01:30:16,439
Speaker 8: Yeah, yeah, yeah, Lawrence, it's still I mean, we had

1699
01:30:16,479 --> 01:30:18,720
Speaker 8: the nano ledger in twenty seventeen. Is it still the

1700
01:30:18,760 --> 01:30:20,200
Speaker 8: process with the ess and to ask where it's like

1701
01:30:20,280 --> 01:30:23,439
Speaker 8: a twenty question code and another password that you got.

1702
01:30:23,400 --> 01:30:24,680
Speaker 4: To go into it is same thing.

1703
01:30:25,120 --> 01:30:25,320
Speaker 5: Yeah.

1704
01:30:25,439 --> 01:30:27,760
Speaker 7: So it's still the same process with the with the

1705
01:30:27,880 --> 01:30:31,599
Speaker 7: cold giving you the cold set up and the question

1706
01:30:31,840 --> 01:30:33,719
Speaker 7: and the questions are that So it's the same process.

1707
01:30:34,040 --> 01:30:35,519
Speaker 8: Yeah, And that's one of the things I did the

1708
01:30:35,560 --> 01:30:37,439
Speaker 8: first thing I did was obviously create the code and

1709
01:30:37,479 --> 01:30:41,400
Speaker 8: then took a picture of the actual twenty word password.

1710
01:30:41,760 --> 01:30:44,080
Speaker 4: And then in the event and I'm glad I asked her.

1711
01:30:44,120 --> 01:30:46,080
Speaker 8: You said that in the event that anything happens to me,

1712
01:30:46,600 --> 01:30:48,439
Speaker 8: my loved ones had access to that, just in the

1713
01:30:48,520 --> 01:30:50,799
Speaker 8: event that something happened to me, or you know, sometimes

1714
01:30:50,840 --> 01:30:52,439
Speaker 8: you forget things and it's like, oh, I lost it.

1715
01:30:52,920 --> 01:30:53,680
Speaker 4: You had to back up.

1716
01:30:53,880 --> 01:30:55,840
Speaker 8: Some people put it in a safe deposit box as well,

1717
01:30:55,920 --> 01:30:57,840
Speaker 8: so that that's another way you got the storage, and

1718
01:30:57,880 --> 01:30:59,360
Speaker 8: now you have it locked inside storage.

1719
01:31:00,200 --> 01:31:02,400
Speaker 4: Let's go to Let's go to Winston. Winston, we're coming

1720
01:31:02,439 --> 01:31:04,519
Speaker 4: to you. I mute yourself. You've been unmuted. What's going on?

1721
01:31:08,760 --> 01:31:09,200
Speaker 6: Good evening.

1722
01:31:10,280 --> 01:31:13,160
Speaker 5: Yeah, you got locked Sure I can get it because

1723
01:31:13,160 --> 01:31:14,960
Speaker 5: I had That's a fact.

1724
01:31:15,200 --> 01:31:17,120
Speaker 4: That's what I got locked out of. I got locked

1725
01:31:17,160 --> 01:31:17,360
Speaker 4: out of.

1726
01:31:17,439 --> 01:31:19,280
Speaker 8: Finance and then I got in there and it was like,

1727
01:31:19,320 --> 01:31:21,200
Speaker 8: you got three days to get all your assets off

1728
01:31:21,280 --> 01:31:22,840
Speaker 8: this platform from the United States.

1729
01:31:22,880 --> 01:31:25,320
Speaker 5: I'm like, what logged into coin base.

1730
01:31:25,479 --> 01:31:26,360
Speaker 8: That's a whole nother time.

1731
01:31:26,640 --> 01:31:27,720
Speaker 4: Winston, what's up, my guy?

1732
01:31:29,160 --> 01:31:29,599
Speaker 5: Hey y'all.

1733
01:31:29,640 --> 01:31:31,880
Speaker 12: I just want to say thank y'all. Troy Rashat thank

1734
01:31:31,920 --> 01:31:36,439
Speaker 12: y'all for everything. Really appreciated Lawrence. Yeah you put up, Yeah,

1735
01:31:36,479 --> 01:31:39,120
Speaker 12: you put up one hundred points tonight. Man the shoes

1736
01:31:39,640 --> 01:31:41,479
Speaker 12: he was on fire. Is that the shoes and alistair

1737
01:31:41,479 --> 01:31:44,680
Speaker 12: Man appreciate you. Thank you everything you're doing. I know

1738
01:31:44,800 --> 01:31:46,680
Speaker 12: you didn't get to it tonight. I just wanted to

1739
01:31:46,760 --> 01:31:50,840
Speaker 12: ask you about the dial situation and specifically with Wu

1740
01:31:50,920 --> 01:31:51,320
Speaker 12: Tang and.

1741
01:31:52,040 --> 01:31:57,080
Speaker 6: How that could be a benefit to our community in particular. Definitely.

1742
01:31:57,240 --> 01:32:01,160
Speaker 10: So that's one thing we think as a collective, especially

1743
01:32:01,160 --> 01:32:04,000
Speaker 10: of people who are looking to invest, is to really

1744
01:32:04,080 --> 01:32:07,760
Speaker 10: look into dows and a doubt is a decentralized autonomous

1745
01:32:07,920 --> 01:32:12,320
Speaker 10: organization and it's just a new way for people to

1746
01:32:12,600 --> 01:32:16,160
Speaker 10: collectively come together and pool their money and invest.

1747
01:32:16,360 --> 01:32:18,519
Speaker 6: And that's what that dow did.

1748
01:32:18,640 --> 01:32:21,400
Speaker 10: They came together, well, this is a dow they invested in,

1749
01:32:22,080 --> 01:32:24,479
Speaker 10: they invest in NFTs. But what they did is because

1750
01:32:24,479 --> 01:32:26,800
Speaker 10: they have so much of their money pooled together, they

1751
01:32:26,840 --> 01:32:28,719
Speaker 10: were able to go and buy that Wu Tang album

1752
01:32:28,880 --> 01:32:31,759
Speaker 10: and now they own the Wu Tang album. But thats

1753
01:32:31,760 --> 01:32:35,439
Speaker 10: are a very powerful concept because it's really all about

1754
01:32:36,479 --> 01:32:40,120
Speaker 10: groups coming together and working together towards a goal. So

1755
01:32:41,040 --> 01:32:44,160
Speaker 10: in the same way that Eyl does like we were

1756
01:32:44,200 --> 01:32:48,080
Speaker 10: able to, you know, join EYL and start clubs like

1757
01:32:48,360 --> 01:32:50,200
Speaker 10: you know, I founded the Crypto Club. There's also the

1758
01:32:50,280 --> 01:32:53,320
Speaker 10: Real Estate Club. There's all these different clubs, but there's

1759
01:32:53,520 --> 01:32:56,920
Speaker 10: this one focused goal of education and making sure that

1760
01:32:57,800 --> 01:33:01,560
Speaker 10: each one can teach one. So DOWS allow for that

1761
01:33:01,720 --> 01:33:04,360
Speaker 10: to happen in a way that was never before done.

1762
01:33:05,720 --> 01:33:08,880
Speaker 10: So if so, definitely looking too DOWS. That's d a

1763
01:33:09,040 --> 01:33:11,680
Speaker 10: O Decentralized Autonomous Organization.

1764
01:33:15,200 --> 01:33:15,240
Speaker 7: O.

1765
01:33:15,520 --> 01:33:25,240
Speaker 13: God, hey y'all see that. Okay, let's go, let's go

1766
01:33:25,320 --> 01:33:26,559
Speaker 13: to let's go to carry carry.

1767
01:33:26,680 --> 01:33:28,920
Speaker 4: What's going on? I mute yourself? You've been unmuted. What's

1768
01:33:28,920 --> 01:33:35,400
Speaker 4: the deal. It's been a while since I done. Oh hey,

1769
01:33:35,479 --> 01:33:35,840
Speaker 4: what's up?

1770
01:33:36,600 --> 01:33:38,200
Speaker 7: I get to get to see you guys tonight.

1771
01:33:38,600 --> 01:33:40,559
Speaker 5: I do have a question about Uh.

1772
01:33:40,880 --> 01:33:44,000
Speaker 7: Crypto is very viola talent. It goes up and down rapidly.

1773
01:33:44,240 --> 01:33:48,479
Speaker 7: Should we all be setting be setting stop losses when

1774
01:33:48,520 --> 01:33:50,559
Speaker 7: the market is going up so that we don't lose

1775
01:33:50,720 --> 01:33:52,480
Speaker 7: our investment.

1776
01:33:52,400 --> 01:33:55,320
Speaker 12: Or should we be holding long for bitcoin and ethereum

1777
01:33:55,400 --> 01:33:57,679
Speaker 12: and just riding the waves of the ups and downs?

1778
01:34:00,760 --> 01:34:00,920
Speaker 6: Yeah?

1779
01:34:00,960 --> 01:34:04,600
Speaker 7: I think I think one of the things that I

1780
01:34:04,640 --> 01:34:08,639
Speaker 7: would say, honestly when it comes to like trading crypto,

1781
01:34:08,920 --> 01:34:12,120
Speaker 7: it depends on what style you're using. If you're more

1782
01:34:12,200 --> 01:34:15,760
Speaker 7: so trading someone who's technically sound, they may get in

1783
01:34:15,880 --> 01:34:19,160
Speaker 7: and out based upon technical levels. I believe that everyone

1784
01:34:19,240 --> 01:34:21,759
Speaker 7: should be long term, but I don't think everyone should

1785
01:34:21,800 --> 01:34:25,479
Speaker 7: hold through fifty percent drops. I think that depending on

1786
01:34:25,600 --> 01:34:28,760
Speaker 7: where you got in is going to determine your exit point.

1787
01:34:28,840 --> 01:34:31,040
Speaker 7: I would say you want to be mindful of buying

1788
01:34:31,120 --> 01:34:33,240
Speaker 7: near tops. You want to try to buy where you

1789
01:34:33,320 --> 01:34:37,160
Speaker 7: see those five, ten, fifteen percent drop offs. And then

1790
01:34:37,280 --> 01:34:40,360
Speaker 7: also you want to set price alerts. So bitcoins right

1791
01:34:40,400 --> 01:34:42,840
Speaker 7: now is at fifty eight thousand, you might want to

1792
01:34:42,880 --> 01:34:45,120
Speaker 7: set a fifty three thousand price alert because that might

1793
01:34:45,160 --> 01:34:47,360
Speaker 7: be a voice huh.

1794
01:34:48,640 --> 01:34:49,400
Speaker 4: I'm so ghad.

1795
01:34:50,240 --> 01:34:52,919
Speaker 7: That might be a price that you might be interested

1796
01:34:53,200 --> 01:34:56,280
Speaker 7: in purchasing bitcoin long term, So you want to have

1797
01:34:56,360 --> 01:34:59,439
Speaker 7: your price alert said definitely, you want to be mindful

1798
01:35:00,439 --> 01:35:02,240
Speaker 7: just to kind of get notified. One of the apps

1799
01:35:02,280 --> 01:35:04,400
Speaker 7: that you can actually use to set your your price

1800
01:35:04,439 --> 01:35:08,360
Speaker 7: alerts would be Yahoo Finance. You can also do that

1801
01:35:08,560 --> 01:35:11,920
Speaker 7: on coinbase as well too. Bet it to notify you boom.

1802
01:35:12,479 --> 01:35:14,719
Speaker 7: You know, as soon as that price hits it notifies

1803
01:35:14,760 --> 01:35:17,479
Speaker 7: you and said your target prices, reach trading view if

1804
01:35:17,520 --> 01:35:20,360
Speaker 7: you're using a trading view software, and it'll send you

1805
01:35:20,439 --> 01:35:23,160
Speaker 7: those price alerts and those updates. Which is really really

1806
01:35:23,280 --> 01:35:25,519
Speaker 7: key when it comes to investing in trading in a

1807
01:35:25,560 --> 01:35:28,679
Speaker 7: cryptical space, is just staying up to date, like you said,

1808
01:35:28,720 --> 01:35:30,800
Speaker 7: because it is a very volatile market, a lot of

1809
01:35:30,840 --> 01:35:33,840
Speaker 7: things can happen and change overnight. Sometimes you can wake

1810
01:35:33,920 --> 01:35:35,720
Speaker 7: up and you made a lot of money. Sometimes you

1811
01:35:35,760 --> 01:35:38,120
Speaker 7: wake up and it's not looking so good. So that

1812
01:35:38,160 --> 01:35:39,080
Speaker 7: would be what I would say.

1813
01:35:39,720 --> 01:35:45,080
Speaker 4: All right, thank you for that, Thank you, appreciate you, Karin.

1814
01:35:45,920 --> 01:35:49,000
Speaker 5: Yes, yes, yeah, let's try to get a few more.

1815
01:35:49,200 --> 01:35:52,280
Speaker 4: Let's let's go to Deep Priced. We're coming to you.

1816
01:35:52,400 --> 01:35:54,800
Speaker 4: I mute yourself, you've been unmuted. What's going on? Deep Price?

1817
01:35:57,000 --> 01:35:57,560
Speaker 4: What's going on?

1818
01:35:57,760 --> 01:35:58,120
Speaker 5: Fellas?

1819
01:35:58,400 --> 01:35:59,240
Speaker 4: Everything? Great? How you?

1820
01:35:59,560 --> 01:36:00,760
Speaker 5: How you? I'm good man.

1821
01:36:00,800 --> 01:36:02,639
Speaker 4: I would just want to just give all y'all flowers.

1822
01:36:02,680 --> 01:36:02,760
Speaker 7: Man.

1823
01:36:02,760 --> 01:36:04,960
Speaker 14: I don't even really got no question. I've been in

1824
01:36:05,000 --> 01:36:08,519
Speaker 14: the crypto game since twenty seventeen, so you know, salute

1825
01:36:08,520 --> 01:36:10,320
Speaker 14: to you, Lawrence, and adas to everybody you know.

1826
01:36:11,160 --> 01:36:14,840
Speaker 5: Uh are you are you in the crypto club? Are

1827
01:36:14,840 --> 01:36:15,519
Speaker 5: you all university?

1828
01:36:16,960 --> 01:36:17,519
Speaker 4: I don't think so.

1829
01:36:17,720 --> 01:36:18,719
Speaker 7: My wife had joined.

1830
01:36:18,760 --> 01:36:21,839
Speaker 8: So I'm just really just like you did the Netflix

1831
01:36:21,880 --> 01:36:23,559
Speaker 8: b Hey, you know, hey.

1832
01:36:26,680 --> 01:36:29,800
Speaker 10: But we're always looking for people to join. There's never

1833
01:36:30,000 --> 01:36:32,720
Speaker 10: enough and there's never enough knowledge being shared. So like

1834
01:36:32,840 --> 01:36:34,800
Speaker 10: if you can, you know, come through and just share

1835
01:36:34,840 --> 01:36:36,920
Speaker 10: what you know. You've been in this since twenty seventeen,

1836
01:36:37,000 --> 01:36:39,160
Speaker 10: so I'm sure you have some knowledge and some experience

1837
01:36:39,200 --> 01:36:41,200
Speaker 10: that you can share with, you know, with some of

1838
01:36:41,240 --> 01:36:43,880
Speaker 10: the other people in the club, and shout out to

1839
01:36:43,920 --> 01:36:48,600
Speaker 10: Winston and Justin and Mika and Chelsea and Teddy and

1840
01:36:48,720 --> 01:36:52,639
Speaker 10: everybody else in the club who's like being in here sharing. Yeah,

1841
01:36:52,680 --> 01:36:54,920
Speaker 10: they're all in here and sharing and like helping me

1842
01:36:55,160 --> 01:36:58,200
Speaker 10: do what I do every every Friday for the Crypto Club.

1843
01:36:58,280 --> 01:36:59,240
Speaker 10: So shout out to them.

1844
01:36:59,479 --> 01:37:01,720
Speaker 5: How did they? How do they? How do they join

1845
01:37:01,760 --> 01:37:03,000
Speaker 5: the Crypto Club? Well that's a question.

1846
01:37:03,160 --> 01:37:05,680
Speaker 3: You know, it's ten thousand people in Euy University, so

1847
01:37:06,080 --> 01:37:09,360
Speaker 3: everybody might not be we do orientation, but if anybody

1848
01:37:09,400 --> 01:37:11,439
Speaker 3: ask any Euy University you can think about joining.

1849
01:37:11,920 --> 01:37:13,639
Speaker 5: How do they? How do they join the Crypto Club?

1850
01:37:13,680 --> 01:37:15,360
Speaker 5: Once the inside at UI University.

1851
01:37:15,960 --> 01:37:17,920
Speaker 10: So once you're inside, you'll get a link to the

1852
01:37:18,040 --> 01:37:20,280
Speaker 10: telegram and then you'll be able to join the Telegram,

1853
01:37:20,400 --> 01:37:23,080
Speaker 10: but we are moving to Discord because we have a

1854
01:37:23,120 --> 01:37:27,760
Speaker 10: lot more power in terms of controlling, in terms of

1855
01:37:28,200 --> 01:37:30,599
Speaker 10: even just in terms of functionality, like when we move

1856
01:37:30,640 --> 01:37:35,680
Speaker 10: to Discord, we'll have private calls for uh for our

1857
01:37:35,880 --> 01:37:40,439
Speaker 10: crypto club, and but in terms of joining, just when

1858
01:37:40,439 --> 01:37:43,040
Speaker 10: you're on the Facebook group, reach out to me, reach

1859
01:37:43,080 --> 01:37:44,800
Speaker 10: out to Justin, reach out to Mika, and then we'll

1860
01:37:44,800 --> 01:37:47,600
Speaker 10: give you the link to the telegram channel so you

1861
01:37:47,640 --> 01:37:48,080
Speaker 10: can join.

1862
01:37:48,760 --> 01:37:50,280
Speaker 4: Then things that go out.

1863
01:37:50,360 --> 01:37:52,679
Speaker 14: Yeah, I did want to say I am on Voyager.

1864
01:37:52,760 --> 01:37:54,519
Speaker 14: I keep a certain amount on Voyager because they do

1865
01:37:54,680 --> 01:37:57,720
Speaker 14: offer like a monthly interest payment. The majority of my

1866
01:37:57,800 --> 01:38:01,439
Speaker 14: coins are on a nan A ledger, So if anybody

1867
01:38:01,560 --> 01:38:03,400
Speaker 14: is interested in that, feel free to you know, go

1868
01:38:03,439 --> 01:38:05,120
Speaker 14: to Voyager and look it up. I know Lawrence had

1869
01:38:05,160 --> 01:38:07,960
Speaker 14: mentioned that it's one of the ones on the platform.

1870
01:38:08,320 --> 01:38:10,360
Speaker 14: Also Troy, Man, let's get this, Jordan one of them.

1871
01:38:10,560 --> 01:38:13,400
Speaker 4: Man ah yeah, yeah, yeah, I just I just saw

1872
01:38:13,439 --> 01:38:16,240
Speaker 4: my DM Yeah yeah, he saw what I had up

1873
01:38:16,240 --> 01:38:16,759
Speaker 4: there on Monday.

1874
01:38:16,840 --> 01:38:16,960
Speaker 6: Right.

1875
01:38:17,160 --> 01:38:21,240
Speaker 7: Well, you know, man, let me know, Man, I'm in

1876
01:38:21,320 --> 01:38:22,400
Speaker 7: a d and hit me up.

1877
01:38:22,600 --> 01:38:24,960
Speaker 8: I got a colorway I have in mind. I got you,

1878
01:38:25,200 --> 01:38:30,720
Speaker 8: I got you for real, all right, bro, all right,

1879
01:38:30,800 --> 01:38:33,720
Speaker 8: it always comes back to sneakers. It always comes back. Yeah,

1880
01:38:33,760 --> 01:38:36,000
Speaker 8: real quick, because I want I want to talk really

1881
01:38:36,080 --> 01:38:39,840
Speaker 8: quickly about that ethereum two point zero because we looked

1882
01:38:39,880 --> 01:38:42,080
Speaker 8: at the stock of floe for bitcoin, and when people

1883
01:38:42,120 --> 01:38:43,759
Speaker 8: say we can see it get to one hundred thousand,

1884
01:38:43,840 --> 01:38:47,439
Speaker 8: you literally showed us why people are saying that. Are

1885
01:38:47,520 --> 01:38:50,559
Speaker 8: you comfortable saying where you think etherium can go after

1886
01:38:50,600 --> 01:38:51,559
Speaker 8: the two point oh was lunch?

1887
01:38:54,960 --> 01:38:59,719
Speaker 10: Am I comfortable saying that I'll take at least ten thousand?

1888
01:39:00,240 --> 01:39:02,439
Speaker 10: That's where I would put it at at least ten thousand,

1889
01:39:02,800 --> 01:39:05,800
Speaker 10: And that's me being I'm saying back in a little bit,

1890
01:39:06,680 --> 01:39:08,360
Speaker 10: I think it can go. Look, but I'm saying ten

1891
01:39:08,400 --> 01:39:09,800
Speaker 10: thousand just to be on the safe side.

1892
01:39:11,479 --> 01:39:14,639
Speaker 4: Long so are we're thinking ten thousand?

1893
01:39:15,600 --> 01:39:18,360
Speaker 7: I was talking to Jamal the other day and we

1894
01:39:18,560 --> 01:39:21,559
Speaker 7: was talking about that, and I could see it going

1895
01:39:21,600 --> 01:39:24,320
Speaker 7: to ten thousand. I know that some analysts got that

1896
01:39:24,400 --> 01:39:27,280
Speaker 7: price target. I think with ethereum two point zero, I

1897
01:39:27,320 --> 01:39:30,679
Speaker 7: could see it going to ten thousand. It's still very early.

1898
01:39:31,439 --> 01:39:34,280
Speaker 7: The circulating supply, like I said, only one hundred and

1899
01:39:34,320 --> 01:39:38,920
Speaker 7: eighteen million, and crypto is still new. Guys, there's not

1900
01:39:39,120 --> 01:39:41,200
Speaker 7: a lot of people in this space, as much as

1901
01:39:41,320 --> 01:39:43,800
Speaker 7: like people may think it's talked about a lot now,

1902
01:39:44,439 --> 01:39:47,559
Speaker 7: but this is still a baby, like, this is still

1903
01:39:47,600 --> 01:39:50,400
Speaker 7: a newborn baby space. As much as we've seen the

1904
01:39:50,479 --> 01:39:55,080
Speaker 7: price of bigcoin grow and appreciate and ethereum, Ethereum is

1905
01:39:55,160 --> 01:39:58,240
Speaker 7: just getting started. So I could see that's my price

1906
01:39:58,320 --> 01:40:01,080
Speaker 7: target over the next two to three years is ten thousand.

1907
01:40:01,880 --> 01:40:03,479
Speaker 3: Oh, let's do this. Before we get to the one

1908
01:40:03,600 --> 01:40:06,599
Speaker 3: last question. I want to talk about EU University again,

1909
01:40:06,600 --> 01:40:07,920
Speaker 3: but I don't want to talk about it. I want

1910
01:40:07,960 --> 01:40:11,400
Speaker 3: to actually ask you guys because Alistair, first and foremost,

1911
01:40:11,400 --> 01:40:13,519
Speaker 3: thank you for your service. You're pioneered and you're the

1912
01:40:13,560 --> 01:40:16,639
Speaker 3: president of Crypto Club. So can you just explain explain

1913
01:40:16,680 --> 01:40:19,360
Speaker 3: the Crypto Club? Because the Crypto Club is inside of

1914
01:40:19,439 --> 01:40:22,439
Speaker 3: Eyo University and it's something that you know has become,

1915
01:40:22,640 --> 01:40:26,080
Speaker 3: you know, something that is very very valuable for Eyo University.

1916
01:40:26,479 --> 01:40:28,840
Speaker 3: But can you just you know, explain it a couple

1917
01:40:28,840 --> 01:40:30,439
Speaker 3: of minutes, Like, what is the Crypto Club?

1918
01:40:30,520 --> 01:40:32,360
Speaker 5: What do you guys do? How often do you meet

1919
01:40:32,439 --> 01:40:33,080
Speaker 5: all of that stuff?

1920
01:40:34,400 --> 01:40:34,599
Speaker 6: Yeah?

1921
01:40:34,680 --> 01:40:38,080
Speaker 10: Sure, so yeah, and this is the power of Like

1922
01:40:38,200 --> 01:40:39,920
Speaker 10: I raised my hand and said yeah, I want to

1923
01:40:40,000 --> 01:40:42,760
Speaker 10: I want to start the Crypto Club, and you guys said, yeah,

1924
01:40:42,800 --> 01:40:46,360
Speaker 10: go ahead. So we've been doing this since February and

1925
01:40:46,600 --> 01:40:49,840
Speaker 10: we have calls every first and third Friday where we

1926
01:40:50,360 --> 01:40:55,519
Speaker 10: go over news, we go over different topics, we talk

1927
01:40:55,600 --> 01:41:00,560
Speaker 10: about different strategies. So we talked about differentategies that you

1928
01:41:00,600 --> 01:41:03,320
Speaker 10: can use in D five. We talked about NFTs, different

1929
01:41:03,640 --> 01:41:08,560
Speaker 10: NFT platforms, different NFT research topics. We also do collaborations

1930
01:41:08,600 --> 01:41:10,760
Speaker 10: with other clubs. We actually did a collaboration with the

1931
01:41:10,840 --> 01:41:14,080
Speaker 10: Real Estate Club and that was that one was fire

1932
01:41:14,360 --> 01:41:18,080
Speaker 10: because we really went deep into different UH strategies for

1933
01:41:18,640 --> 01:41:22,080
Speaker 10: you know, using your crypto assets to to you know,

1934
01:41:22,200 --> 01:41:24,679
Speaker 10: earn a return and put that return into real estate

1935
01:41:24,920 --> 01:41:27,800
Speaker 10: so and then even and so the goal of the

1936
01:41:27,880 --> 01:41:31,880
Speaker 10: club really is to educate people about the usage of

1937
01:41:32,360 --> 01:41:34,640
Speaker 10: crypto and how they can benefit from it, and to

1938
01:41:34,720 --> 01:41:38,759
Speaker 10: also give a spotlight to some entrepreneurs who are in cryptos.

1939
01:41:38,760 --> 01:41:40,760
Speaker 10: So we've had a couple of guests, and we've had

1940
01:41:40,880 --> 01:41:44,600
Speaker 10: Chad Copeland who's been on our show, who's doing some

1941
01:41:44,680 --> 01:41:47,360
Speaker 10: big things in terms of education. We've had my brother

1942
01:41:47,520 --> 01:41:50,120
Speaker 10: Vernon Jay, who's doing some great things when it comes

1943
01:41:50,160 --> 01:41:54,320
Speaker 10: to combining crypto and real estate like tokenizing uh real

1944
01:41:54,400 --> 01:41:59,400
Speaker 10: estate assets. And we also we also have a couple

1945
01:41:59,439 --> 01:42:01,519
Speaker 10: of other guests coming on. We have eric An from

1946
01:42:01,600 --> 01:42:06,200
Speaker 10: Audacity Fund, which is a black VC crypto fund, so

1947
01:42:06,240 --> 01:42:09,920
Speaker 10: they're investing in black entrepreneurs who are doing things in crypto.

1948
01:42:11,120 --> 01:42:13,960
Speaker 10: So yeah, it's all about education and just giving a

1949
01:42:14,000 --> 01:42:18,640
Speaker 10: spotlight two people and yeah, like this, that's pretty much

1950
01:42:18,640 --> 01:42:20,880
Speaker 10: the Crypto Club. So you know, check it out, join

1951
01:42:21,040 --> 01:42:22,960
Speaker 10: and if you want to contribute, if you want to

1952
01:42:23,000 --> 01:42:25,240
Speaker 10: build it out, if you have some ideas on where

1953
01:42:25,280 --> 01:42:30,160
Speaker 10: we could take it, or we're open to hearing those ideas. Yeah,

1954
01:42:30,320 --> 01:42:31,320
Speaker 10: that's that's pretty much it.

1955
01:42:31,600 --> 01:42:34,040
Speaker 8: Hey, Alison, they said, don't forget about the special NFT

1956
01:42:34,200 --> 01:42:34,920
Speaker 8: drops that y'all do.

1957
01:42:37,960 --> 01:42:41,280
Speaker 10: The NFT drop so yeah, definitely. So one thing we've

1958
01:42:41,360 --> 01:42:44,000
Speaker 10: done in the past is we've given out free NFTs

1959
01:42:44,040 --> 01:42:48,640
Speaker 10: to people who may have never had a wallet in

1960
01:42:48,880 --> 01:42:51,680
Speaker 10: the first place, but this was their first for rate

1961
01:42:51,760 --> 01:42:53,760
Speaker 10: into crypto. So we said, you know, we're going to

1962
01:42:53,800 --> 01:42:58,320
Speaker 10: give you an NFT for joining us for a specific session.

1963
01:42:58,400 --> 01:43:01,760
Speaker 10: We're actually we're actually going to give away an NFT

1964
01:43:01,880 --> 01:43:05,040
Speaker 10: tonight as well. So if you're tuned in, if you're

1965
01:43:05,120 --> 01:43:08,800
Speaker 10: tuned in breaking tuned in. Yeah, So if you're in

1966
01:43:08,920 --> 01:43:11,160
Speaker 10: the chats right now, we have Justin in the chat,

1967
01:43:11,200 --> 01:43:13,200
Speaker 10: we have Winston in the chat, please reach out to them,

1968
01:43:13,640 --> 01:43:16,040
Speaker 10: and then we're going to get you your special POE

1969
01:43:16,080 --> 01:43:18,599
Speaker 10: app NFT proof of attention to show that you were here,

1970
01:43:19,080 --> 01:43:20,120
Speaker 10: you're with us tonight.

1971
01:43:20,240 --> 01:43:24,280
Speaker 6: So yeah, definitely. So now we do a lot of different.

1972
01:43:24,000 --> 01:43:25,160
Speaker 5: Things, that's the thing.

1973
01:43:25,200 --> 01:43:27,240
Speaker 3: And it's like, you know, no matter how good of

1974
01:43:27,320 --> 01:43:30,000
Speaker 3: a presentation you can give, you're not gonna be able

1975
01:43:30,000 --> 01:43:32,880
Speaker 3: to learn everything about cryptocurrency in two hours. But the

1976
01:43:32,960 --> 01:43:34,920
Speaker 3: whole point of it is, you know, you start to

1977
01:43:35,040 --> 01:43:37,519
Speaker 3: learn it. It's like a foreign language. You can't learn

1978
01:43:37,600 --> 01:43:41,120
Speaker 3: Spanish with just one masterclass, but you know, you can

1979
01:43:41,280 --> 01:43:43,360
Speaker 3: learn it if you take two classes a week or

1980
01:43:43,439 --> 01:43:46,200
Speaker 3: one class a week, or you start to familiarize yourself.

1981
01:43:46,280 --> 01:43:49,280
Speaker 3: So the whole point of EYL is to get you

1982
01:43:49,520 --> 01:43:53,439
Speaker 3: on the path of learning. And that's whether you you know,

1983
01:43:54,160 --> 01:43:57,280
Speaker 3: go through the rabbit hole of YouTube or Instagram or whatever,

1984
01:43:57,400 --> 01:44:00,559
Speaker 3: you just learn, most importantly, just learn eyo Versity school

1985
01:44:00,600 --> 01:44:03,280
Speaker 3: was just created just as an accelerated program.

1986
01:44:03,600 --> 01:44:04,680
Speaker 5: So I like to look at it like we have

1987
01:44:04,800 --> 01:44:06,960
Speaker 5: public school in private school, public school.

1988
01:44:07,080 --> 01:44:09,320
Speaker 3: You know, nobody has ever given out as much free

1989
01:44:09,360 --> 01:44:12,759
Speaker 3: information as we do every single day on the public

1990
01:44:12,800 --> 01:44:13,400
Speaker 3: school side.

1991
01:44:13,760 --> 01:44:14,599
Speaker 5: And that's for anybody.

1992
01:44:14,720 --> 01:44:17,200
Speaker 3: You can watch Market Mondays, you can listen to our podcast,

1993
01:44:17,360 --> 01:44:20,479
Speaker 3: you can check our Instagram grants and gym podcasts, you

1994
01:44:20,520 --> 01:44:25,280
Speaker 3: know ash Cash podcast. But some people need, you know,

1995
01:44:25,640 --> 01:44:29,479
Speaker 3: a more specialized education, which is private school and that's

1996
01:44:29,560 --> 01:44:31,600
Speaker 3: Eyo University. And this is something that you know, we

1997
01:44:31,680 --> 01:44:34,320
Speaker 3: have the crypto clubs and you know, we have meetups

1998
01:44:34,400 --> 01:44:36,519
Speaker 3: and we have different things that you know, get to

1999
01:44:36,600 --> 01:44:38,960
Speaker 3: ask questions and stuff like that. So that was the

2000
01:44:39,040 --> 01:44:42,080
Speaker 3: idea of the education no check, no no person will

2001
01:44:42,120 --> 01:44:44,280
Speaker 3: be left behind. Even if you you know you're not

2002
01:44:44,360 --> 01:44:46,000
Speaker 3: able to afford it, you know, we still we still

2003
01:44:46,000 --> 01:44:49,000
Speaker 3: going to provide your information in this public school. But

2004
01:44:49,120 --> 01:44:51,040
Speaker 3: you know, some people just want to accelerate their their

2005
01:44:51,120 --> 01:44:53,519
Speaker 3: learning curve and that's the private school out But there's

2006
01:44:53,560 --> 01:44:55,920
Speaker 3: no private school that costs seven hundred dollars for the year.

2007
01:44:56,600 --> 01:44:58,639
Speaker 3: I tell you that much because I went to private school.

2008
01:44:59,040 --> 01:45:05,040
Speaker 3: So yeah, so you know this is something that you know,

2009
01:45:05,760 --> 01:45:08,320
Speaker 3: you know, we uh and we and we like to

2010
01:45:09,360 --> 01:45:12,719
Speaker 3: promote from within. So like Janet, if you watch market. Mondays,

2011
01:45:12,720 --> 01:45:15,040
Speaker 3: you know Janet. Everybody knows the story with that. Janet

2012
01:45:15,120 --> 01:45:17,919
Speaker 3: was somebody that was a paid member of Eyle University

2013
01:45:17,960 --> 01:45:20,160
Speaker 3: and she had a great job at Fidelity. She was

2014
01:45:20,200 --> 01:45:22,479
Speaker 3: making a lot of money at Fidelity, and we just

2015
01:45:22,560 --> 01:45:25,160
Speaker 3: sort of value in her and we paid more than

2016
01:45:25,200 --> 01:45:28,240
Speaker 3: Fidelity was paying her, and we brought her in as

2017
01:45:28,840 --> 01:45:30,760
Speaker 3: you know, the person that's really running Eyo.

2018
01:45:30,640 --> 01:45:31,720
Speaker 5: University these days now.

2019
01:45:31,800 --> 01:45:33,160
Speaker 4: She loves what she does.

2020
01:45:33,520 --> 01:45:35,880
Speaker 3: Yeah, and she needed help because it became overwhelming. So

2021
01:45:35,960 --> 01:45:39,759
Speaker 3: then we hired another another black woman that was Eyle

2022
01:45:39,880 --> 01:45:40,639
Speaker 3: University member.

2023
01:45:40,680 --> 01:45:41,240
Speaker 5: We hired her.

2024
01:45:42,000 --> 01:45:44,719
Speaker 3: Shout out to her and then so yeah, like Alistair,

2025
01:45:45,200 --> 01:45:47,240
Speaker 3: he just was showing a lot of promise and was like,

2026
01:45:47,320 --> 01:45:49,320
Speaker 3: y'all want to start the Crypto club. So it's like,

2027
01:45:49,360 --> 01:45:52,120
Speaker 3: all right, instead of getting somebody from the outside to

2028
01:45:52,160 --> 01:45:54,680
Speaker 3: start the crypto club, why not that? And then it's like,

2029
01:45:54,720 --> 01:45:57,040
Speaker 3: you know, we have a huge platform. So today over

2030
01:45:57,280 --> 01:45:59,439
Speaker 3: fifty seven hundred people was watching this on YouTube. We

2031
01:45:59,520 --> 01:46:02,240
Speaker 3: probably get like sixty thousand views in a week. And

2032
01:46:02,400 --> 01:46:04,840
Speaker 3: it's like, all right, this is an opportunity where they

2033
01:46:04,920 --> 01:46:08,320
Speaker 3: can actually you know, get their voice out and be

2034
01:46:08,439 --> 01:46:10,640
Speaker 3: heard on a on a on a world level and

2035
01:46:10,760 --> 01:46:14,040
Speaker 3: you should definitely follow these gentlemen on Instagram. And you know,

2036
01:46:14,520 --> 01:46:16,960
Speaker 3: so that's how we really, that's how we've always done

2037
01:46:17,120 --> 01:46:19,400
Speaker 3: is like groople economics, and it's like we've done that

2038
01:46:19,520 --> 01:46:21,920
Speaker 3: from day one. We've helped a lot of people, you know,

2039
01:46:22,040 --> 01:46:24,719
Speaker 3: build their platforms, and we've hired a lot of people,

2040
01:46:24,760 --> 01:46:27,479
Speaker 3: and we you know, pay people for their services, whether

2041
01:46:27,520 --> 01:46:31,240
Speaker 3: it's the people that do flyers for us, our videographers, everybody.

2042
01:46:31,320 --> 01:46:33,160
Speaker 3: You know, a lot of times people don't fully understand that,

2043
01:46:33,320 --> 01:46:35,320
Speaker 3: like it's a business. It's not just like, you know,

2044
01:46:35,360 --> 01:46:37,040
Speaker 3: we just get up here and just start rambling, Like

2045
01:46:37,080 --> 01:46:40,360
Speaker 3: it's a business that's actually thought about. And ninety percent

2046
01:46:40,400 --> 01:46:42,280
Speaker 3: of the people that we actually work with and hire

2047
01:46:42,360 --> 01:46:44,800
Speaker 3: and promote and we you know, give opportunities to and

2048
01:46:44,920 --> 01:46:49,040
Speaker 3: give voices to our black people that would not have

2049
01:46:49,200 --> 01:46:52,160
Speaker 3: opportunity to have their voice heard. Before this, there was

2050
01:46:52,240 --> 01:46:55,160
Speaker 3: no there was no outlet that was given black people

2051
01:46:55,280 --> 01:46:58,720
Speaker 3: a voice to speak unless unless they were, you know,

2052
01:46:58,920 --> 01:47:01,000
Speaker 3: was on CNBC. And like how many people can do that,

2053
01:47:01,120 --> 01:47:03,160
Speaker 3: maybe one or two and you have to have you know,

2054
01:47:03,240 --> 01:47:05,120
Speaker 3: an Ivy League degree, you got to work for a

2055
01:47:05,160 --> 01:47:07,200
Speaker 3: hedge fund. We're not saying none of that. You know,

2056
01:47:07,439 --> 01:47:11,040
Speaker 3: if you can speak and you know the information, it

2057
01:47:11,120 --> 01:47:12,920
Speaker 3: doesn't matter where you went to school. It doesn't matter

2058
01:47:12,920 --> 01:47:15,800
Speaker 3: if you went to school. That doesn't matter. That stops people.

2059
01:47:15,840 --> 01:47:18,080
Speaker 3: A lot of times, you know, there's barriers of injury

2060
01:47:18,120 --> 01:47:21,120
Speaker 3: that stops people. But we created a platform where we

2061
01:47:21,560 --> 01:47:23,120
Speaker 3: can do whatever we want to do, so we don't

2062
01:47:23,160 --> 01:47:25,760
Speaker 3: have to answer to anybody. So you know, this, this

2063
01:47:25,920 --> 01:47:29,759
Speaker 3: institution that we've created has given the opportunity for people

2064
01:47:29,960 --> 01:47:32,000
Speaker 3: to spread their voice all over the world. Were going

2065
01:47:32,040 --> 01:47:34,600
Speaker 3: to Africa tomorrow and you know when we started on

2066
01:47:34,720 --> 01:47:37,479
Speaker 3: your Leisia, we started it in my office first and

2067
01:47:37,560 --> 01:47:40,479
Speaker 3: Den Troy's dining room with iPhones, and we was as

2068
01:47:40,520 --> 01:47:44,280
Speaker 3: local as you know, a half a mile radius. And

2069
01:47:44,439 --> 01:47:46,920
Speaker 3: now you know, we going to Africa and we got

2070
01:47:47,040 --> 01:47:50,120
Speaker 3: you know, strong support in Nigeria, a second biggest market

2071
01:47:50,240 --> 01:47:53,160
Speaker 3: outside of America. We're going to Egypt doing a networking

2072
01:47:53,200 --> 01:47:55,240
Speaker 3: event at the top of the rich Carlton. I say

2073
01:47:55,320 --> 01:47:57,919
Speaker 3: that to say like, it's just a level of inspiration

2074
01:47:58,040 --> 01:48:00,759
Speaker 3: and motivation I think that everybody can off from because

2075
01:48:01,080 --> 01:48:03,960
Speaker 3: you know, we just regular people. We didn't have any

2076
01:48:04,080 --> 01:48:08,439
Speaker 3: any special advantage. I was working in finance. Troy was

2077
01:48:08,479 --> 01:48:13,240
Speaker 3: a gym teacher, So you know, if that's like, you

2078
01:48:13,280 --> 01:48:15,320
Speaker 3: know what I'm saying, If if we can, if we

2079
01:48:15,400 --> 01:48:18,640
Speaker 3: can do this and become the top business platform in

2080
01:48:18,720 --> 01:48:22,600
Speaker 3: the world, anybody can do it. So I say that

2081
01:48:22,760 --> 01:48:27,280
Speaker 3: to say eyl University. Eyo University is something that we're

2082
01:48:27,320 --> 01:48:28,280
Speaker 3: extremely proud about.

2083
01:48:29,400 --> 01:48:30,280
Speaker 5: So you know, join.

2084
01:48:30,400 --> 01:48:34,200
Speaker 3: We want to see everybody. Everybody joined Eyo University. We

2085
01:48:34,320 --> 01:48:36,720
Speaker 3: got the flash sale running. It's seven hundred dollars for

2086
01:48:36,920 --> 01:48:40,040
Speaker 3: the year. It's a yearly subscription seven hundred, but once

2087
01:48:40,080 --> 01:48:41,800
Speaker 3: you get in, you're locked into that rate no matter

2088
01:48:41,880 --> 01:48:45,479
Speaker 3: how much. It started at ninety nine dollars, so it's

2089
01:48:45,520 --> 01:48:47,040
Speaker 3: like a stock. It keeps going up in price. But

2090
01:48:47,120 --> 01:48:49,280
Speaker 3: once whatever price here, some people pay ninety nine dollars

2091
01:48:49,320 --> 01:48:51,960
Speaker 3: still a year, and they'll pay ninety nine dollars forever.

2092
01:48:52,520 --> 01:48:54,920
Speaker 3: So you know, you lock your membership in, you get

2093
01:48:55,000 --> 01:48:57,240
Speaker 3: all of the access, you get discounts to invest fast,

2094
01:48:57,280 --> 01:48:57,920
Speaker 3: all of that stuff.

2095
01:48:58,000 --> 01:48:59,720
Speaker 5: So you know, we love to see you.

2096
01:48:59,800 --> 01:49:03,160
Speaker 3: Go to eyuniversity dot com, click the link in the description,

2097
01:49:03,320 --> 01:49:05,800
Speaker 3: click the link on YouTube and check us out.

2098
01:49:05,880 --> 01:49:07,400
Speaker 8: Yeah, I just want to add to this man because

2099
01:49:08,080 --> 01:49:10,000
Speaker 8: I want to thank these two gentlemen, Alis, there has

2100
01:49:10,040 --> 01:49:13,040
Speaker 8: been incredible to watch your ascension from being in our

2101
01:49:13,080 --> 01:49:15,280
Speaker 8: book club was our original club. But I also want

2102
01:49:15,320 --> 01:49:18,759
Speaker 8: to talk about Lawrence because when we met in Atlanta,

2103
01:49:18,800 --> 01:49:21,439
Speaker 8: he came to pull up on us at our Revolt meetup,

2104
01:49:21,640 --> 01:49:24,479
Speaker 8: and one of the things I said with him was, look, yeah,

2105
01:49:24,520 --> 01:49:28,479
Speaker 8: you're twenty two, but without people like us building a platform,

2106
01:49:28,560 --> 01:49:30,600
Speaker 8: where would you be able to shine? And I just

2107
01:49:30,680 --> 01:49:32,000
Speaker 8: want to just tell him, like I told him that

2108
01:49:32,080 --> 01:49:34,120
Speaker 8: public publicly, but I want to say it to everybody

2109
01:49:34,160 --> 01:49:36,680
Speaker 8: because there's another kid who might be fifteen sixteen right

2110
01:49:36,720 --> 01:49:39,800
Speaker 8: now who now has an outlet to be brilliant and

2111
01:49:39,920 --> 01:49:42,840
Speaker 8: he's not playing sports and he doesn't wrap, and there's

2112
01:49:42,880 --> 01:49:45,280
Speaker 8: nothing wrong with that, But there are other people out

2113
01:49:45,320 --> 01:49:48,120
Speaker 8: here that have brilliant and have a brilliant mind and

2114
01:49:48,320 --> 01:49:50,800
Speaker 8: have no platforms or no way to share it or

2115
01:49:50,880 --> 01:49:53,720
Speaker 8: even hide it, right they even hide it least no

2116
01:49:53,840 --> 01:49:56,439
Speaker 8: platform to explain it. And so like I want to

2117
01:49:56,520 --> 01:49:59,919
Speaker 8: encourage you. Yeah, you see a twenty two year old prodigy,

2118
01:50:00,479 --> 01:50:03,080
Speaker 8: but there's a twenty two year old prodigy that's in

2119
01:50:03,200 --> 01:50:05,160
Speaker 8: our YouTube. There's a fifteen year old one. There's a

2120
01:50:05,240 --> 01:50:08,559
Speaker 8: fourteen year old prodigy right now, and so I encourage

2121
01:50:08,560 --> 01:50:10,760
Speaker 8: you to be a part of a community that highlights you,

2122
01:50:10,880 --> 01:50:13,400
Speaker 8: that celebrates you, and that encourage you to be great.

2123
01:50:13,720 --> 01:50:15,559
Speaker 8: And so that's what we've built here and we're very

2124
01:50:15,600 --> 01:50:18,560
Speaker 8: proud of that. And to see people that look like

2125
01:50:18,680 --> 01:50:20,400
Speaker 8: us talking at this level right that was one of

2126
01:50:20,560 --> 01:50:23,080
Speaker 8: the things I took from Jamaica was they said, look,

2127
01:50:23,080 --> 01:50:25,320
Speaker 8: we've never seen black man talk like that. We've never

2128
01:50:25,360 --> 01:50:28,240
Speaker 8: seen somebody with so much intellience talk like that. I'm like, Yo,

2129
01:50:28,280 --> 01:50:30,680
Speaker 8: there's a whole gang of people around us that are

2130
01:50:30,720 --> 01:50:32,680
Speaker 8: talking like that. And so welcome to the family that

2131
01:50:32,720 --> 01:50:35,880
Speaker 8: everybody that's joining and everybody that's watching on YouTube. Man,

2132
01:50:35,920 --> 01:50:37,720
Speaker 8: welcome to the family. Because y'all family, y'all know, y'all

2133
01:50:37,720 --> 01:50:39,439
Speaker 8: here with us on market mondays, y'all here with us now.

2134
01:50:40,160 --> 01:50:40,840
Speaker 4: So we love y'all.

2135
01:50:40,880 --> 01:50:42,640
Speaker 5: Y'all know that love is love, rest in peace in

2136
01:50:42,720 --> 01:50:43,000
Speaker 5: it man.

2137
01:50:43,040 --> 01:50:45,920
Speaker 3: That's what he said. He said, Young geenis trap. Just

2138
01:50:45,960 --> 01:50:49,280
Speaker 3: can't they left them no platforms? They explain it, so

2139
01:50:49,400 --> 01:50:52,479
Speaker 3: you get frustrated. And that's a deep line. People think

2140
01:50:52,520 --> 01:50:55,000
Speaker 3: about it, like you know, but the key way he

2141
01:50:55,040 --> 01:50:58,200
Speaker 3: said is they they left him no platform. So we're

2142
01:50:58,240 --> 01:51:00,639
Speaker 3: not asking for no handouts. We just created our own

2143
01:51:00,680 --> 01:51:03,519
Speaker 3: platform and uh so that was really dope when we

2144
01:51:03,720 --> 01:51:05,519
Speaker 3: when we linked up with Steve O, who is one

2145
01:51:05,520 --> 01:51:08,040
Speaker 3: of Nipsey hust Who's best friends, and he said, he said,

2146
01:51:08,040 --> 01:51:10,600
Speaker 3: I wish I wish nip was here. I wish he

2147
01:51:10,720 --> 01:51:12,519
Speaker 3: was here to see y'all because he would really love y'all.

2148
01:51:13,040 --> 01:51:14,920
Speaker 3: That's that's the worst that he said out of his mouth.

2149
01:51:15,040 --> 01:51:18,920
Speaker 3: So the marathon will continue. The marathon will will continue.

2150
01:51:19,000 --> 01:51:22,760
Speaker 3: Thank you, gentlemen for stellar presentation. Please let them know

2151
01:51:22,840 --> 01:51:25,040
Speaker 3: how to follow you on social media please.

2152
01:51:27,640 --> 01:51:31,200
Speaker 10: So you can find me on Instagram at Alistair McKenzie

2153
01:51:31,320 --> 01:51:34,920
Speaker 10: dot eth. That's Alistair a l l I s t

2154
01:51:35,040 --> 01:51:38,320
Speaker 10: e R McKenzie m c k e n z i

2155
01:51:38,560 --> 01:51:42,519
Speaker 10: E dot e t h on Instagram, and I'm on

2156
01:51:42,680 --> 01:51:45,080
Speaker 10: Twitter at Alistair don.

2157
01:51:47,160 --> 01:51:49,560
Speaker 7: Yes, and you can find me as well on Instagram

2158
01:51:49,680 --> 01:51:53,080
Speaker 7: at mister Lawrence dot e m r l a w

2159
01:51:53,439 --> 01:51:57,519
Speaker 7: r e n c E dot e. So Lawrence Egleston

2160
01:51:58,479 --> 01:52:00,960
Speaker 7: is my name on there. You can find me at

2161
01:52:00,960 --> 01:52:03,720
Speaker 7: that same act name on Twitter as well. So thank

2162
01:52:03,800 --> 01:52:06,040
Speaker 7: you for having me big time. Shout out to e

2163
01:52:06,200 --> 01:52:09,400
Speaker 7: y l You guys always turn up every time I

2164
01:52:09,560 --> 01:52:13,479
Speaker 7: come on here, Troy, I told Troy, like, man like

2165
01:52:13,600 --> 01:52:15,680
Speaker 7: I love to be on here. It's just like a

2166
01:52:15,720 --> 01:52:18,760
Speaker 7: different type energy and feeling. So for me, it's like

2167
01:52:18,920 --> 01:52:22,000
Speaker 7: today was like a big day for me my grandfather

2168
01:52:22,120 --> 01:52:28,800
Speaker 7: passed away. Yes, I appreciate that. It's just like rejuvenating

2169
01:52:29,080 --> 01:52:31,040
Speaker 7: to get on here and just kind of feel this

2170
01:52:31,320 --> 01:52:34,479
Speaker 7: energy just uplifts your spirit. And this is like, you

2171
01:52:34,560 --> 01:52:37,519
Speaker 7: know what I do it for. I'm passionate about teaching people.

2172
01:52:37,600 --> 01:52:40,519
Speaker 7: I'm passionate about our people because I know the more

2173
01:52:40,600 --> 01:52:44,080
Speaker 7: that we get this information, we start changing our reality

2174
01:52:44,120 --> 01:52:46,800
Speaker 7: and we start changing our lives collectively. And this is

2175
01:52:46,840 --> 01:52:48,760
Speaker 7: a game where all of us can win, so it's

2176
01:52:48,840 --> 01:52:52,600
Speaker 7: no competition. Honestly, two heads work better than one and

2177
01:52:52,720 --> 01:52:54,240
Speaker 7: that's the way we need to be thinking. We need

2178
01:52:54,320 --> 01:52:56,960
Speaker 7: to be thinking, boom, how can we work together to

2179
01:52:57,080 --> 01:52:59,599
Speaker 7: create a system to be able to effectively go out

2180
01:52:59,640 --> 01:53:00,759
Speaker 7: here and at these markets.

2181
01:53:00,760 --> 01:53:01,599
Speaker 6: And that's what it's about.

2182
01:53:01,840 --> 01:53:04,559
Speaker 7: So thanks for having me appreciate you as always for.

2183
01:53:04,600 --> 01:53:08,680
Speaker 3: Sure, and yeah, definitely want to extend our condolences. You know,

2184
01:53:08,840 --> 01:53:10,240
Speaker 3: that was that was great. I was Goanna, I was

2185
01:53:10,280 --> 01:53:11,360
Speaker 3: going to tell you, like, you know, if you wasn't

2186
01:53:11,439 --> 01:53:12,560
Speaker 3: up to I know you went to you went to

2187
01:53:12,600 --> 01:53:15,080
Speaker 3: the funeral today, so you know, not only did he

2188
01:53:15,200 --> 01:53:17,240
Speaker 3: put up an amazing performance, but you know you also

2189
01:53:17,320 --> 01:53:20,479
Speaker 3: went to his grandfather's funeral today, so you know, definitely

2190
01:53:20,560 --> 01:53:23,680
Speaker 3: got you and your family and prayers. Send send our

2191
01:53:23,760 --> 01:53:26,800
Speaker 3: condolences to you and your family, and thank you, brother.

2192
01:53:26,840 --> 01:53:29,479
Speaker 3: I appreciate it and I'm looking forward to do stuff

2193
01:53:29,520 --> 01:53:32,240
Speaker 3: with both of you gentlemen in the future. Man, both

2194
01:53:32,280 --> 01:53:35,360
Speaker 3: of you gentlemen, thank you for you know, sacrificing your

2195
01:53:35,400 --> 01:53:39,479
Speaker 3: time to educate the people and most importantly people, make

2196
01:53:39,600 --> 01:53:42,120
Speaker 3: sure that you you retain this information.

2197
01:53:42,320 --> 01:53:42,479
Speaker 14: Learn.

2198
01:53:42,600 --> 01:53:44,559
Speaker 3: Like I said, this is something that is just it's

2199
01:53:44,640 --> 01:53:47,360
Speaker 3: one part of your learning journey. Continue to learn, continue

2200
01:53:47,400 --> 01:53:51,360
Speaker 3: to educate yourself. Read as much as possible, learn as

2201
01:53:51,439 --> 01:53:54,960
Speaker 3: much as possible because cryptocurrency is something that is extremely

2202
01:53:55,000 --> 01:53:56,600
Speaker 3: important and we don't want to get left behind. Like

2203
01:53:56,640 --> 01:53:58,920
Speaker 3: I said, this is still the beginning stages, meaning that

2204
01:53:59,000 --> 01:54:01,040
Speaker 3: there's still a lot more room to grow. But it's

2205
01:54:01,080 --> 01:54:02,960
Speaker 3: not a get rich quick scheme. We're not here to

2206
01:54:03,040 --> 01:54:05,479
Speaker 3: tell you like do this and get rich quick. We

2207
01:54:05,560 --> 01:54:07,920
Speaker 3: really want to educate you and really want to, you know,

2208
01:54:08,360 --> 01:54:10,560
Speaker 3: help you. Actually you know, provide for your family and

2209
01:54:10,640 --> 01:54:13,799
Speaker 3: provide for yourself. So you know, take your education serious,

2210
01:54:14,280 --> 01:54:18,200
Speaker 3: keep educating yourself, keep learning, and keep sharing the information

2211
01:54:18,240 --> 01:54:19,760
Speaker 3: when you when you get it, share the information with

2212
01:54:19,840 --> 01:54:20,240
Speaker 3: somebody else.

2213
01:54:20,280 --> 01:54:20,880
Speaker 5: And that's how we grow.

2214
01:54:21,000 --> 01:54:22,800
Speaker 4: Get some game, give it to the get it right back.

2215
01:54:22,880 --> 01:54:25,400
Speaker 3: Yeah you know, yes so and this also will be

2216
01:54:25,439 --> 01:54:29,040
Speaker 3: on podcast outlets on Friday. So yeah, tap in with.

2217
01:54:29,160 --> 01:54:30,080
Speaker 5: Us in Nigeria.

2218
01:54:30,320 --> 01:54:33,000
Speaker 4: Yeah. Oh wait wait wait, we on the way. Happy

2219
01:54:33,040 --> 01:54:34,000
Speaker 4: birthday to my pops.

2220
01:54:34,440 --> 01:54:36,680
Speaker 8: Your happy birthday to mister milit Tar seventy four. You

2221
01:54:36,800 --> 01:54:40,040
Speaker 8: upstairsy and cake right now, so happy birthday, birthday, celebrate life.

2222
01:54:40,600 --> 01:54:42,520
Speaker 8: We can celebrate that. Man, We're gonna remember the good

2223
01:54:42,560 --> 01:54:44,560
Speaker 8: times of everybody that we had. That's why we always

2224
01:54:44,560 --> 01:54:48,200
Speaker 8: say reach out. Hit somebody up, call somebody, text somebody.

2225
01:54:48,240 --> 01:54:49,840
Speaker 8: You never know what one conversation you can do to

2226
01:54:49,880 --> 01:54:52,120
Speaker 8: the trajectory of somebody's day or life.

2227
01:54:52,240 --> 01:54:52,400
Speaker 11: Man.

2228
01:54:53,160 --> 01:54:54,960
Speaker 4: So more life, more love, man, love is love.

2229
01:54:55,400 --> 01:54:57,520
Speaker 5: Yes, Nigeria, we on the way.

2230
01:54:57,760 --> 01:55:00,360
Speaker 4: But that's this morning. We got a player. Catch.

2231
01:55:02,400 --> 01:55:03,440
Speaker 5: We headed to the motherland.

2232
01:55:03,520 --> 01:55:03,600
Speaker 11: Yo.

2233
01:55:03,680 --> 01:55:06,680
Speaker 4: The whole team is with us. Man, travel mercies on

2234
01:55:06,920 --> 01:55:07,600
Speaker 4: us all man.

2235
01:55:07,720 --> 01:55:09,680
Speaker 5: We're going to Africa seeing belly.

2236
01:55:09,760 --> 01:55:11,920
Speaker 8: We're going home, y'all. We're going home, and we're gonna

2237
01:55:11,960 --> 01:55:14,280
Speaker 8: put on and make sure that the word get spread. Because,

2238
01:55:14,320 --> 01:55:16,640
Speaker 8: like we said, financial literacy isn't an American issue. It's

2239
01:55:16,640 --> 01:55:18,000
Speaker 8: a world issue, and so we want to be the

2240
01:55:18,080 --> 01:55:18,640
Speaker 8: pioneers of that.

2241
01:55:19,240 --> 01:55:20,400
Speaker 4: So we're gonna, we're.

2242
01:55:20,240 --> 01:55:22,920
Speaker 3: Gonna, we're gonna spread the gospel financial literacy. We're gonna

2243
01:55:22,960 --> 01:55:24,560
Speaker 3: do what we do in the motherland. We're going to

2244
01:55:24,640 --> 01:55:27,959
Speaker 3: the motherland and spread the good financial missionaries. Financial missionaries.

2245
01:55:27,960 --> 01:55:29,840
Speaker 3: I like that missionary.

2246
01:55:29,960 --> 01:55:32,440
Speaker 4: Hey Janet, let's get to being on the phone.

2247
01:55:32,520 --> 01:55:35,520
Speaker 3: We're going to the motherland and spread the spread the

2248
01:55:35,600 --> 01:55:36,520
Speaker 3: financial gospel.

2249
01:55:36,800 --> 01:55:38,360
Speaker 4: Hey man, it's been a real one.