WEBVTT - Study Hall: Make Money in Cryptocurrency 0:00:00.040 --> 0:00:03.600 An illegal alien from Guatemala charged with raping a child 0:00:03.680 --> 0:00:07.480 in Massachusetts. An MS thirteen gang member from Al Salvador 0:00:07.720 --> 0:00:11.840 accused of murdering a Texas man of Venezuelan charged with 0:00:11.920 --> 0:00:15.840 filming and selling child pornography in Michigan. These are just 0:00:15.920 --> 0:00:19.680 some of the heinous migrant criminals caught because of President 0:00:19.720 --> 0:00:23.320 Donald J. Trump's leadership. I'm Christy nom the United States 0:00:23.320 --> 0:00:28.120 Secretary of Homeland Security. Under President Trump, attempted illegal border 0:00:28.160 --> 0:00:31.680 crossings are at the lowest levels ever recorded, and over 0:00:31.760 --> 0:00:34.960 one hundred thousand illegal aliens have been arrested. If you 0:00:35.040 --> 0:00:38.920 are here illegally, your next you will be fined nearly 0:00:39.000 --> 0:00:43.000 one thousand dollars a day, imprisoned, and deported. You will 0:00:43.040 --> 0:00:46.680 never return. But if you register using our CBP home 0:00:46.720 --> 0:00:50.120 app and leave now, you could be allowed to return legally. 0:00:50.479 --> 0:00:55.240 Do what's right. Leave now. Under President Trump, America's laws, 0:00:55.400 --> 0:00:57.840 border and families will be protected. 0:00:57.920 --> 0:01:14.840 Sponsored by the United States Department of Homeland Security. 0:01:15.440 --> 0:01:21.760 YouTube too, What's up? What y'all thought y'all wasn't gonna 0:01:21.760 --> 0:01:22.120 see me. 0:01:22.360 --> 0:01:23.520 Let's stop playing. 0:01:24.840 --> 0:01:26.360 Hardest working minute show biz. 0:01:27.080 --> 0:01:32.479 Let's stop playing. Let's let the team in. I'm gonna 0:01:32.520 --> 0:01:34.720 let the team in. I'm about justin cameras. 0:01:34.720 --> 0:01:38.240 I don't like how yeah, d y l University, what's 0:01:38.280 --> 0:01:42.600 going on? This is gonna be a big one. This 0:01:42.720 --> 0:01:44.280 is gonna be a big one. A lot of talk 0:01:44.319 --> 0:01:49.640 of the town sheep, a coin going crazy, bigcoin theoryum 0:01:49.680 --> 0:01:54.360 Troy's fixing camera during the actual production. First time only 0:01:54.880 --> 0:01:59.680 this has ever happened. So yeah, this is this is 0:01:59.680 --> 0:02:00.520 this is this is it. 0:02:00.600 --> 0:02:01.040 This is it. 0:02:01.080 --> 0:02:03.080 A lot of people have asked questions for a learn 0:02:03.200 --> 0:02:06.280 very long period of time. So this is our crypto 0:02:06.960 --> 0:02:14.160 mastermind that we will be putting on today, and we're gonna, 0:02:14.200 --> 0:02:16.200 We're gonna, We're gonna get the job done for sure. 0:02:18.960 --> 0:02:20.560 I mean it's it's even worse now but. 0:02:22.919 --> 0:02:23.720 Not commercial bread. 0:02:26.919 --> 0:02:32.360 Oh man, the folks, what all right? 0:02:32.880 --> 0:02:37.720 Let's do this? All right, you two? I know you 0:02:37.800 --> 0:02:47.800 guys have not gotten enough of us yet. Yes, okay, 0:02:47.880 --> 0:02:51.280 so she but to the moon, Yes, she but to 0:02:51.320 --> 0:02:51.680 the moon. 0:02:53.120 --> 0:02:53.440 Uh. 0:02:54.160 --> 0:02:57.359 We are gonna have a very very special this is 0:02:57.400 --> 0:02:59.160 gonna be special. Like I said, this is like one 0:02:59.200 --> 0:03:02.160 of these things where one time only you might not 0:03:02.240 --> 0:03:04.040 never see anything like this ever again. It's is the 0:03:04.040 --> 0:03:07.799 only time that we've done this publicly, So it's it's 0:03:07.840 --> 0:03:10.000 gonna be classic. It's gonna be a legendary situation. That's 0:03:10.040 --> 0:03:12.480 the best way I can really describe it. So before 0:03:12.520 --> 0:03:15.600 I go into too too much detail, let's let's bring 0:03:15.600 --> 0:03:18.040 the guys in here, but let's make some announcements while 0:03:18.040 --> 0:03:18.720 we while we have. 0:03:19.840 --> 0:03:21.040 Yeah, Troy definitely made it work. 0:03:21.200 --> 0:03:22.320 I made it words. I'm about to go fix it. 0:03:22.320 --> 0:03:23.200 I just want to let the guys in. 0:03:23.200 --> 0:03:28.120 It's like a hurricane, ya crazy. 0:03:28.200 --> 0:03:32.080 So Africa, we are on our way and we have 0:03:32.120 --> 0:03:35.800 a networking event in Nigeria. We have a networking event 0:03:35.840 --> 0:03:41.560 in Legos, Nigeria on Tuesday at seven o'clock. So we 0:03:41.600 --> 0:03:45.080 need everybody in Nigeria, everybody in Legos to come out. 0:03:45.960 --> 0:03:48.000 The R s v P link is on our website 0:03:48.080 --> 0:03:51.920 under earn your Lesion dot com under the Nigerian tab. 0:03:52.400 --> 0:03:54.200 So check us out. Man. 0:03:54.200 --> 0:03:57.960 It's gonna be a legendary, monumental event. My first time 0:03:58.080 --> 0:04:01.440 ever going to Africa, and we leave tomorrow. We leave 0:04:01.440 --> 0:04:04.200 tomorrow morning. So this is the last thing we we 0:04:04.200 --> 0:04:07.120 We stopped everything that we had going on for this. 0:04:07.760 --> 0:04:09.200 So Alistair, what's going on. 0:04:09.120 --> 0:04:14.000 Brother, what's going on? I'm doing alright, how you guys doing. 0:04:15.440 --> 0:04:17.400 Ah, we're just trying to figure this camera thing out, 0:04:17.400 --> 0:04:21.120 you know, it's just uh, it's one of these things. 0:04:20.839 --> 0:04:24.640 That no worries. I'm trying to figure stuff out here myself. 0:04:25.279 --> 0:04:26.200 Yeah. That's good. That's good. 0:04:26.200 --> 0:04:31.560 That's good, you're good, all right, Yes, yeah, that's looking crazy, man. 0:04:31.600 --> 0:04:35.360 We have a certain standard to Uphell, you can't. You 0:04:35.400 --> 0:04:37.640 can't play with the shield like now, it's crooked again. 0:04:41.320 --> 0:04:42.280 It's unbelievable. 0:04:42.839 --> 0:04:47.640 All right. So Alistair is in the building. 0:04:49.000 --> 0:04:53.880 Also before we start market Monday's live at the Apollo Theater, 0:04:54.360 --> 0:04:56.680 shout out to Ian. That's going to be a legendary 0:04:56.720 --> 0:04:59.839 situation and that is going to be on Black fri 0:05:00.320 --> 0:05:01.040 So No. 0:05:01.080 --> 0:05:02.760 Number twenty six. Make sure y'all in there. 0:05:02.839 --> 0:05:04.560 Make sure y'all get your tickets for that. 0:05:04.640 --> 0:05:06.800 I told you I don't play ourselves fifteen hundred season 0:05:06.880 --> 0:05:07.320 there too. 0:05:07.760 --> 0:05:12.080 Yeah, it's going to go crazy. So all right, here's 0:05:12.080 --> 0:05:13.760 what I here's what I want to do. I want 0:05:13.800 --> 0:05:16.400 to just you know, just get everybody familiar what's going on. 0:05:16.520 --> 0:05:20.839 Then we're going to jump right into it. So every month, 0:05:20.960 --> 0:05:23.480 the last Wednesday of the month, we have these what's 0:05:23.480 --> 0:05:28.440 called open enrollments where we have a YouTube live and 0:05:28.520 --> 0:05:30.560 we pick a different topic. Sometimes it's on real estate, 0:05:30.600 --> 0:05:33.480 sometimes it's on stocks, today it's on crypto. And what 0:05:33.520 --> 0:05:36.760 it is is a eyl University class, but it's open 0:05:36.800 --> 0:05:40.480 to the public. So eyl University we have it every 0:05:40.480 --> 0:05:42.960 single week. We have a class that we run for 0:05:43.040 --> 0:05:46.800 eyl University and that's you know, part of eyl University's platform. 0:05:47.200 --> 0:05:51.359 So once a month we have the Wednesday class is 0:05:51.360 --> 0:05:53.320 open to the public. So we do this for a 0:05:53.360 --> 0:05:55.240 variety of different reasons, but you know, we do it 0:05:55.279 --> 0:05:57.080 for just give you an insight of the world of 0:05:57.080 --> 0:05:58.240 eyl University. 0:05:58.560 --> 0:05:59.679 Let you see how it looks. 0:05:59.720 --> 0:06:02.159 Let you see, you know, the type of classes, the 0:06:02.160 --> 0:06:05.240 type of education that we provide. So this time we 0:06:05.279 --> 0:06:07.800 want to do something different. A lot of times we 0:06:07.839 --> 0:06:10.200 bring our friends on like that have been on the 0:06:10.240 --> 0:06:14.479 podcast or you know, different people that we have relationships with. 0:06:14.880 --> 0:06:16.479 But this time we want to do something that was 0:06:16.480 --> 0:06:20.159 actually homegrown. So we have oh he got the whole 0:06:20.320 --> 0:06:21.640 oh mag drop and everything. 0:06:22.480 --> 0:06:22.720 Yeah. 0:06:23.040 --> 0:06:26.640 So part of Eyo Universities we have clubs. So we 0:06:26.720 --> 0:06:29.880 have over twenty clubs. We have like real Estate Club, 0:06:30.279 --> 0:06:32.680 we have a club for earners over fifty. We have 0:06:32.720 --> 0:06:37.119 a military club. So one of our probably the premier club, 0:06:37.279 --> 0:06:40.039 no disrespect to any of the club, is the Crypto Club. 0:06:40.240 --> 0:06:42.640 And the Crypto Club has been on fire. So the 0:06:42.680 --> 0:06:45.000 Crypto Club is not something like where it just tells 0:06:45.040 --> 0:06:47.839 you like by this crypto it's actually like education and 0:06:47.839 --> 0:06:51.400 it's a community and people educate each other and they 0:06:51.400 --> 0:06:54.760 get people familiar on, you know, what's going on in 0:06:54.800 --> 0:06:59.040 the crypto space. They brainstorm best practices, talk about new 0:06:59.040 --> 0:07:02.040 coins on the market, how to invest, security, all that stuff. 0:07:02.440 --> 0:07:05.400 So it's an actual community within the community. So the 0:07:05.440 --> 0:07:08.520 president of the Crypto Club is my bro Alistair. He's 0:07:08.560 --> 0:07:12.000 been on Market Mondays before speaking and he is just 0:07:12.040 --> 0:07:14.800 a wizard when it comes to cryptocurrency. So he's the 0:07:14.840 --> 0:07:18.600 president of our Crypto Club. And then the other gentleman 0:07:18.640 --> 0:07:21.960 that will be joining us today is another EYL professor 0:07:22.320 --> 0:07:25.120 who has taught a variety of different classes for us 0:07:25.160 --> 0:07:29.120 on investing and Lawrence. So Lawrence is a young man 0:07:29.120 --> 0:07:32.760 who I got introduced to who Troy really describes as 0:07:32.760 --> 0:07:38.200 a stock market genius, investing genius prodigy. Yeah, so this 0:07:38.320 --> 0:07:40.720 is both. This is in Housetown. I like to do 0:07:40.720 --> 0:07:43.360 this because it's like, we don't want to just have 0:07:43.440 --> 0:07:45.600 you know, people that you might have heard of. So, 0:07:45.760 --> 0:07:47.880 like the whole point, and that's kind of been the 0:07:47.880 --> 0:07:51.200 whole premise of EYL when we first started and even 0:07:51.240 --> 0:07:53.440 up to this day, is we introduce the world of people. 0:07:54.000 --> 0:07:56.320 We've done it with Wall Street Trapper, We've done it 0:07:56.320 --> 0:07:57.960 with Ian, We've done it with MG. 0:07:57.840 --> 0:08:01.320 The mortgage Guy. The list goes on. We've done it 0:08:01.360 --> 0:08:02.080 with Miss Business. 0:08:03.280 --> 0:08:07.000 So we like to grow talent in house and people 0:08:07.000 --> 0:08:09.600 that are actually knowledgeable. It doesn't matter how many followers 0:08:09.600 --> 0:08:13.000 you have, it doesn't matter if you're verified on Instagram. 0:08:13.280 --> 0:08:15.120 It matters if you know what you're talking about and 0:08:15.160 --> 0:08:19.760 if you actually can relate to information. So these gentlemen 0:08:20.080 --> 0:08:22.880 know what they're talking about, their in house talent, and 0:08:23.360 --> 0:08:25.960 we're very thankful to have them on the platform. 0:08:26.000 --> 0:08:27.600 So first and foremost, thank you guys for joining us. 0:08:27.600 --> 0:08:31.280 Appreciate it, thank you, thank you for having thanks. 0:08:31.720 --> 0:08:34.160 Yeah, I just want to shout out well, right before this, 0:08:34.240 --> 0:08:37.000 we had a meeting with all the club leaders and 0:08:37.000 --> 0:08:38.760 one of the things I was speaking about was like, 0:08:38.800 --> 0:08:41.599 look what value can do. Alie still was part of 0:08:41.640 --> 0:08:44.440 the book club, started his own the crypto club inside 0:08:44.440 --> 0:08:46.119 of the university and now he's getting to speak. 0:08:45.840 --> 0:08:47.559 To the world about his expertise. 0:08:47.559 --> 0:08:49.360 So that just shows you when you pour value and 0:08:49.440 --> 0:08:51.760 lead with value, these are the byproducts that so shout 0:08:51.760 --> 0:08:53.439 out to you again, Ol said yeah, and the pride 0:08:53.440 --> 0:08:58.040 to himself shout out twenty two, twenty two year old. 0:08:58.160 --> 0:09:00.320 I feel like Jay when we brought like he brought 0:09:00.360 --> 0:09:03.960 young christ Hie ninety seven. He's only sixteen, he's only 0:09:04.000 --> 0:09:04.520 twenty two. 0:09:04.600 --> 0:09:06.480 Y'all yelling for a street. 0:09:06.800 --> 0:09:08.640 So we're going to get into this because it's a 0:09:08.640 --> 0:09:10.400 lot of stuff that's going on right now in the 0:09:10.440 --> 0:09:13.600 crypto space. Sheba coin has been a talk of the town. 0:09:13.640 --> 0:09:16.200 Sheba coin. I put a post up that was crazy. 0:09:17.000 --> 0:09:19.559 If you invest in one dollar in sheba coin at 0:09:19.559 --> 0:09:22.840 its lowest point and over the last twelve months, it 0:09:22.880 --> 0:09:24.640 would be worth six hundred thousand dollars. 0:09:24.720 --> 0:09:28.440 Today it is on fire. 0:09:29.520 --> 0:09:32.400 It is one of these things that has become like 0:09:32.440 --> 0:09:34.920 the new doge coin. Everybody's talking about it. It's all 0:09:34.960 --> 0:09:37.880 over CNBC and CNN and Twitter and all of that stuff. 0:09:37.920 --> 0:09:41.920 So that's obviously, you know, gets people interested in crypto. 0:09:42.520 --> 0:09:46.160 Bitcoin of course, has been on fire. It kind of 0:09:46.200 --> 0:09:49.200 pulled back now, but you know, Bitcoin crossed over sixty 0:09:49.240 --> 0:09:53.280 thousand dollars last week, so Bitcoin ethereum crossed over four 0:09:53.320 --> 0:09:57.240 thousand dollars. The total market space is two point seven trillion. 0:09:57.360 --> 0:09:59.360 And this is something that I think is interesting because 0:09:59.360 --> 0:10:02.359 I put another post stuff where the whole entire crypto. 0:10:02.040 --> 0:10:03.680 Space is two point seven trillion. 0:10:04.160 --> 0:10:07.720 Apple has a market cap of two trillion, So what 0:10:07.760 --> 0:10:11.800 does that mean? Like one company almost has the market 0:10:11.880 --> 0:10:15.840 cap of the entire crypto with thousands of crypto coins. 0:10:16.040 --> 0:10:19.280 So to me, that's encouraging because it still means that 0:10:19.320 --> 0:10:23.040 there's so much more room to grow, Like this crypto 0:10:23.160 --> 0:10:26.440 space is still in its infancy. A lot of people get, 0:10:26.720 --> 0:10:29.120 you know, intimidated and feel like it's too late to 0:10:29.160 --> 0:10:32.000 invest in crypto. They missed the boat. It's not too late. 0:10:32.559 --> 0:10:36.520 Crypto currency is in its infancy still and there's a 0:10:36.559 --> 0:10:39.200 lot more room to grow. So if you haven't invested 0:10:39.200 --> 0:10:41.800 in crypto, if you don't feel comfortable, this is why 0:10:41.840 --> 0:10:45.439 we here today to fully educate you. We're going to 0:10:45.520 --> 0:10:49.319 answer questions. The gentlemen have presentations, they're gonna talk, We're 0:10:49.320 --> 0:10:52.319 gonna ask them questions. So you're in for a treat 0:10:52.360 --> 0:10:54.520 and for a treat. So I want to get right 0:10:54.559 --> 0:10:56.199 into this. Before I get into it, I just want 0:10:56.240 --> 0:10:58.360 to just explain what EYL University is because this is 0:10:58.360 --> 0:11:01.040 what we were doing here. So university is an online 0:11:01.120 --> 0:11:04.840 educational platform that we started over two years ago, and 0:11:05.000 --> 0:11:07.880 what it is is the actual interactive learning experience, so 0:11:08.240 --> 0:11:11.000 we do every single week. We have a class where 0:11:11.040 --> 0:11:13.840 you actually get to ask questions zoom format. But then 0:11:13.880 --> 0:11:17.880 we actually have monthly financial planning calls with me two hours. 0:11:17.920 --> 0:11:20.320 Then we have biweekly real estate calls with Matt. We 0:11:20.440 --> 0:11:22.360 have a book club and a movie club with Troy. 0:11:22.720 --> 0:11:25.240 We have a Facebook group with over seven thousand members 0:11:25.240 --> 0:11:29.120 in it. And then my favorite part of the whole 0:11:29.160 --> 0:11:32.600 situation is the groups. So like I said, we have 0:11:32.640 --> 0:11:35.160 over twenty groups. We have real estate group, we talk 0:11:35.200 --> 0:11:38.040 about you know, the earnings on Wall Street, went in, 0:11:38.080 --> 0:11:40.880 took about stock Stock group, we have the Crypto group. 0:11:41.080 --> 0:11:44.280 We have all of the different groups. Yeah, and this 0:11:44.400 --> 0:11:46.600 is these are infinity groups inside of the EYO University. 0:11:46.679 --> 0:11:49.040 So when we was modeling university, we really modeled it 0:11:49.080 --> 0:11:51.719 after a real university and took the good parts out 0:11:51.720 --> 0:11:53.600 of it and took the bad parts took the good 0:11:53.600 --> 0:11:55.800 parts and threw the bad parts away. So the good 0:11:55.800 --> 0:11:58.079 parts of a university, I feel like are the infinity groups, 0:11:58.080 --> 0:12:01.360 people working with each other, building a community. So once again, 0:12:01.520 --> 0:12:05.120 these two gentlemen are actually in house eyl University professors. 0:12:05.160 --> 0:12:07.640 So we're gonna have a treat. We're going to talk 0:12:07.679 --> 0:12:12.079 about the cryptocurrency. We're going to get questions answered, and yeah, 0:12:12.120 --> 0:12:14.520 we're going to give you an insight to Eyo University. 0:12:14.559 --> 0:12:16.200 And this is what this whole thing is for, so 0:12:16.240 --> 0:12:20.440 you if you're interested in joining Eyo University. The last 0:12:20.480 --> 0:12:22.920 time we did this, we lowered the price for the 0:12:22.920 --> 0:12:25.840 whole entire year to seven hundred dollars for the year, 0:12:26.280 --> 0:12:29.360 and we kept that running. But we will be raising 0:12:29.360 --> 0:12:31.640 that but we're not going to raise it until Friday, 0:12:31.800 --> 0:12:34.959 So Friday night we will raise it. But right now 0:12:35.000 --> 0:12:38.040 it's still seven hundred dollars. So that type of value, 0:12:38.280 --> 0:12:41.240 I don't feel like anybody has ever put together that 0:12:41.280 --> 0:12:46.440 type of value for seven hundred dollars. We're very cognizant, well, 0:12:46.480 --> 0:12:49.000 we're very cognizant of our price point and we try 0:12:49.000 --> 0:12:52.000 to be responsible. I don't criticize anybody's price point, but 0:12:52.080 --> 0:12:53.760 you know, we feel like, you know, we want to 0:12:53.760 --> 0:12:56.839 be responsible, but we still have to have some level 0:12:56.960 --> 0:12:59.360 of you know, a price that is built in the best. 0:13:00.240 --> 0:13:00.480 Yeah. 0:13:00.559 --> 0:13:03.080 So seven hundred dollars for all of this for the 0:13:03.240 --> 0:13:05.680 entire year. So if you're interested, I'll put the link 0:13:05.679 --> 0:13:08.160 on to ewy University dot com right now and you 0:13:08.280 --> 0:13:11.959 become an earner. But that's enough of that. Alistair foot coin. 0:13:12.040 --> 0:13:15.800 Let's let's let's let's let's start with Alistair first. Since 0:13:15.840 --> 0:13:20.400 he he's on top of the of the screen, Alistair, 0:13:21.040 --> 0:13:22.400 the floor is yours brother. 0:13:22.360 --> 0:13:23.959 And you're ready to co host. So if you got 0:13:24.000 --> 0:13:26.000 to share, you can go all right. 0:13:25.920 --> 0:13:31.920 Thanks, Uh yeah, I'll share my screen. So I want 0:13:31.920 --> 0:13:37.920 to start out with bitcoin because bitcoin is the one 0:13:37.960 --> 0:13:41.680 coin that moves everything else. It's like it's the granddaddy 0:13:41.679 --> 0:13:44.840 of it all. And I want to talk about the 0:13:44.880 --> 0:13:49.040 Bitcoin cycles because it's very important to know about the 0:13:49.040 --> 0:13:51.880 cycles of bitcoin, even if you're not currently invested in it. 0:13:51.920 --> 0:13:54.840 I know some people may have started their investing journey 0:13:54.840 --> 0:13:58.319 with Doge or Shiba, but you really have to look 0:13:58.320 --> 0:14:01.719 at bitcoin because it dictates goes what goes on in 0:14:01.800 --> 0:14:07.280 the cryptocurrency market. Now, one metric that a lot of 0:14:07.320 --> 0:14:11.559 bitcoiners use in order to predict the price of bitcoin 0:14:11.760 --> 0:14:14.520 is the stock to flow ratio. And the stock to 0:14:14.520 --> 0:14:18.040 flow ratio is something that has been used in commodities 0:14:18.200 --> 0:14:23.360 a lot, and what it basically measures is the current 0:14:23.560 --> 0:14:28.240 stock of bitcoin compared to how much new bitcoin enters 0:14:28.280 --> 0:14:31.560 the market, and they use that in order to predict 0:14:31.560 --> 0:14:32.000 the price. 0:14:33.160 --> 0:14:35.720 And they do that around what's. 0:14:35.600 --> 0:14:38.280 Called the bitcoin having, and the bitcoin having just means 0:14:38.280 --> 0:14:41.920 that they cut them out of bitcoin that's being created 0:14:42.000 --> 0:14:45.160 in half, and that happens every four years, and around 0:14:45.200 --> 0:14:49.680 every four years we see these bitcoin you know, run 0:14:49.760 --> 0:14:53.160 ups in price. We see like these great spikes. So 0:14:53.200 --> 0:14:55.440 this is one chart that I like to look at 0:14:55.440 --> 0:14:58.640 for the long term. And what we can see here 0:14:58.800 --> 0:15:02.160 is that the color full lines are the bitcoin price 0:15:02.280 --> 0:15:06.320 and this straight black line is the stock to flow 0:15:07.320 --> 0:15:11.880 estimation of the price at that time. So what we 0:15:11.920 --> 0:15:17.880 see here is that as time goes on and as 0:15:18.000 --> 0:15:21.440 less bitcoin is being created, the price goes up, but 0:15:23.000 --> 0:15:26.120 we see that it doesn't follow it exactly. It follows it, 0:15:26.320 --> 0:15:29.880 but it does follow the trend somewhat. And right now 0:15:30.120 --> 0:15:34.400 we're right here, so at this point in the stock 0:15:34.400 --> 0:15:37.200 to flow ratio, bitcoin is estimated to be They estimated 0:15:37.240 --> 0:15:40.160 to be at about one hundred thousand around this time, 0:15:40.600 --> 0:15:42.560 and right now is at around sixty thousands. So we're 0:15:42.640 --> 0:15:46.080 under the stock to flow, but we're still following that trajectory. 0:15:47.080 --> 0:15:49.800 And this is important to know about, like I said 0:15:49.800 --> 0:15:54.320 about the stock to flow ratio, because when Bitcoin tends 0:15:54.320 --> 0:15:58.440 to run up during its during its marketing market cycles, 0:15:58.480 --> 0:16:03.160 everything goes with it with it's doe shiver everything. And 0:16:03.960 --> 0:16:06.480 just to show you a history of this, I have 0:16:07.360 --> 0:16:10.040 a couple of charts. So this is a site called 0:16:10.040 --> 0:16:12.320 coin market cap. You might be familiar with this if 0:16:12.360 --> 0:16:13.800 you're researching coins. 0:16:13.880 --> 0:16:16.240 Yeah, talk Can you talk about that? Because I wanted 0:16:16.280 --> 0:16:18.160 I want I want this to be a full education 0:16:18.240 --> 0:16:20.720 for people, because I know some people might not have 0:16:20.760 --> 0:16:23.760 any expertise in crypto at all. So coin market cap 0:16:23.840 --> 0:16:26.720 is a very important website, the first website that I 0:16:26.720 --> 0:16:29.240 got introduced to. So can you talk about coin market cap? 0:16:30.000 --> 0:16:34.320 Definitely. So coin market cap is I use it as 0:16:34.320 --> 0:16:36.440 like a research site. But what it does is it 0:16:36.480 --> 0:16:39.720 basically gives you a list of all of the coins 0:16:39.720 --> 0:16:43.440 that are available. And right now it's probably nine thousand 0:16:43.480 --> 0:16:46.040 last time I checked. It's probably more because there are 0:16:46.040 --> 0:16:48.960 more coins being created every day, but coin market cap 0:16:49.040 --> 0:16:51.560 is usually the first place you would go if you 0:16:51.560 --> 0:16:54.680 want to research a coin. And what I have up 0:16:54.720 --> 0:16:56.760 here right now is just a snapshot of what it 0:16:56.800 --> 0:17:00.800 looked like in the symbol of twenty thirteen. So of 0:17:00.840 --> 0:17:03.000 course we have Bitcoin, which was still at the top 0:17:03.880 --> 0:17:07.439 at nine hundred dollars. But if we look at the 0:17:07.440 --> 0:17:10.359 top ten here, I mean like coin some of you 0:17:10.400 --> 0:17:12.960 may know if you follow crypto if you don't, like 0:17:13.040 --> 0:17:15.840 coin is one of those at one point premiere coins. 0:17:15.840 --> 0:17:19.280 We have XRP, but we also have peer coin name 0:17:19.400 --> 0:17:24.240 coin mega coin that also had these dramatic price increases, 0:17:25.160 --> 0:17:28.119 and if you go and look at coin market cap today, 0:17:28.480 --> 0:17:32.120 these coins are nowhere to be found. So one thing 0:17:32.160 --> 0:17:35.520 we see is that Bitcoin has the staying power and 0:17:35.560 --> 0:17:37.920 it drives the market, but a lot of the other 0:17:38.000 --> 0:17:39.560 coins may not have. 0:17:39.440 --> 0:17:40.320 That staying power. 0:17:41.320 --> 0:17:44.760 And again it all goes back to Bitcoin being the 0:17:44.880 --> 0:17:48.399 driver of the market because of these havings that happen 0:17:48.520 --> 0:17:53.760 every four years. Actually, now the prices are coming back up. 0:17:53.840 --> 0:18:00.000 So as we see here, we have this doctor flow 0:18:00.119 --> 0:18:02.640 estimates about one hundred and eight thousand dollars bigcoin should 0:18:02.640 --> 0:18:05.240 be right now, which is within range of what I mean, 0:18:05.280 --> 0:18:08.000 we could possibly go to one hundred and eight thousand 0:18:08.080 --> 0:18:10.120 this year. That's what a lot of the low ball 0:18:10.160 --> 0:18:16.360 predictions have Bitcoin going to. So and again this trend 0:18:16.560 --> 0:18:19.399 continues on in twenty seventeen. This is a snapshot from 0:18:19.440 --> 0:18:22.040 twenty seventeen. Looks a little bit different, but at the 0:18:22.040 --> 0:18:24.359 same time we have Bitcoin at the top. Of course, 0:18:25.280 --> 0:18:28.480 this is where we see Ethereum, Bitcoin Cash, XRP. But 0:18:28.640 --> 0:18:32.320 again the top ten looks nothing like it does in 0:18:32.359 --> 0:18:38.360 twenty thirteen. And if we look at it today, we 0:18:38.400 --> 0:18:41.560 have a whole host of different coins making their way 0:18:41.560 --> 0:18:44.600 in the top ten. So Bitcoin Ethereum is still number two. 0:18:45.080 --> 0:18:47.399 You notice we no longer see light coin in the 0:18:47.440 --> 0:18:50.679 top ten, XRPS at number seven sliding out, but we 0:18:50.760 --> 0:18:53.520 have different coins. We have Doge, and of course the 0:18:53.560 --> 0:18:55.879 coin that everybody's so crazy about right now is Shouba. 0:18:56.600 --> 0:19:02.120 And I'll bring this up to say that these coins 0:19:02.160 --> 0:19:04.960 tend to come and go. There are a few coins 0:19:05.040 --> 0:19:09.040 that really have that staying power for the long haul. 0:19:09.880 --> 0:19:13.520 So if you're looking at investing, you really want to 0:19:13.600 --> 0:19:19.280 find those coins that can at least stay relevant for 0:19:19.600 --> 0:19:23.040 several market cycles. You don't want to get caught up 0:19:23.080 --> 0:19:26.280 in the hype of certain coins unless you're a trader 0:19:26.320 --> 0:19:29.920 and you know how to properly set your entry and 0:19:29.960 --> 0:19:32.919 your exits. This is just a history lesson that I 0:19:32.960 --> 0:19:36.200 like to show people because when they see the types 0:19:36.240 --> 0:19:42.240 of returns that crypto offers, one thing I say is like, yeah, welcome. 0:19:42.680 --> 0:19:45.520 Just watch out for the bear market because as fast 0:19:45.560 --> 0:19:48.200 as these coins go up, as fast as these coins 0:19:48.240 --> 0:19:53.280 go down and end up in irrelevance, and this market cycle, 0:19:54.400 --> 0:19:58.040 I would say it's been dominated a lot by even 0:19:58.040 --> 0:20:04.040 though we have Shibba Indulge coin. Smart contracts have really 0:20:04.040 --> 0:20:08.600 been the thing that has been the story of this 0:20:08.720 --> 0:20:10.840 market cycle. And for those of you who don't know, 0:20:11.480 --> 0:20:14.679 a smart contract is the best way I can describe 0:20:14.720 --> 0:20:21.439 it is a program on a computer that handles money 0:20:21.440 --> 0:20:25.520 and executes business logic. And because of those smart contracts, 0:20:25.560 --> 0:20:29.600 we have a coin like Shiba Shuba is actually a 0:20:29.640 --> 0:20:33.919 smart contract on the Ethereum blockchain. And if we see, 0:20:34.200 --> 0:20:35.520 like if we look right here, if you look at 0:20:35.520 --> 0:20:38.000 the end of to date of these smart contract platforms, 0:20:38.480 --> 0:20:40.400 you could have invested in pretty much any of them, 0:20:40.560 --> 0:20:42.600 just picked them and you would have gotten a nice 0:20:42.640 --> 0:20:45.879 return except for in their computer, but anything else with 0:20:45.960 --> 0:20:48.040 this Ethereum, Cardinal, Solana. 0:20:48.240 --> 0:20:51.680 So let's let's let's let's talk about this. This is important. 0:20:51.680 --> 0:20:53.320 Like I said, we're gonna talk about shit, but we're 0:20:53.320 --> 0:20:55.600 going to give you guys some what you need. If 0:20:55.600 --> 0:20:59.200 you're interested in a cryptocurrency, you need a full education 0:20:59.640 --> 0:21:01.879 before you invest. This is what This is why we 0:21:01.920 --> 0:21:04.560 call it eyl University. It's like a real full education. 0:21:04.720 --> 0:21:09.800 So what you're explaining right now when you talk about Ethereum, Cardana, Solana, 0:21:10.760 --> 0:21:14.440 Polka Dot, these are all platforms that you can actually 0:21:14.480 --> 0:21:15.480 build a coin. 0:21:15.359 --> 0:21:17.560 Off of, that's correct. 0:21:18.200 --> 0:21:20.240 So this is so, this is why when you see 0:21:20.280 --> 0:21:24.360 the rates of returns like Ethereum four hundred percent, Cardana 0:21:24.400 --> 0:21:29.120 one thousand percent, Polka Dot three hundred and ninety two percent, 0:21:29.600 --> 0:21:33.520 because it makes sense like these are actually the highways 0:21:33.520 --> 0:21:38.320 that the cars are actually driving on, right. 0:21:38.880 --> 0:21:39.560 That's correct. 0:21:40.160 --> 0:21:42.679 So you can you can build coins on these smart 0:21:42.720 --> 0:21:48.840 contract platforms. You can build lending protocols or lending apps, 0:21:48.880 --> 0:21:55.320 you can build exchange apps. So the amount of creativity 0:21:55.480 --> 0:21:58.440 that you have, you can actually use it on these 0:21:58.480 --> 0:22:03.600 different platforms to build some that you can have. So 0:22:03.840 --> 0:22:07.320 when I so you can use these smart contract platforms 0:22:07.320 --> 0:22:11.080 to build something any sort of financial products that you 0:22:11.119 --> 0:22:15.000 would find in traditional finance. And this is what's really 0:22:15.080 --> 0:22:19.320 been driving a lot of what's been happening in cryptocurrency 0:22:19.680 --> 0:22:24.679 for this cycle. And the reason why is because of 0:22:24.840 --> 0:22:29.280 decentralized finance and staking. So those are the two I 0:22:29.320 --> 0:22:32.159 kind of group them together because it's really about earning 0:22:32.160 --> 0:22:37.400 a return on your investment outside of the financial system. 0:22:37.440 --> 0:22:41.360 Now to discuss to go into staking. Staking is one 0:22:41.400 --> 0:22:45.159 of the strategies that you can use to earn interest 0:22:45.359 --> 0:22:49.280 on your crypto assets. And one website I like to 0:22:49.320 --> 0:22:55.080 go to to look at different returns for crypto assets 0:22:55.080 --> 0:22:59.080 at steak andrewards dot com. And when you go to 0:22:59.119 --> 0:23:02.840 stakanrewards dot com, it shows you the type of rewards 0:23:02.880 --> 0:23:06.000 that you can get. So for Solana, you're getting six 0:23:06.040 --> 0:23:09.840 percent back if you stake your Solana. And when I 0:23:09.880 --> 0:23:12.440 say staking, what I mean is that when you stak 0:23:12.480 --> 0:23:13.360 your assets. 0:23:13.040 --> 0:23:13.560 What you're doing. 0:23:13.920 --> 0:23:18.399 What you're doing is you're locking your assets into the 0:23:18.440 --> 0:23:23.280 protocol itself. And if there's a staking node running, the 0:23:23.280 --> 0:23:27.080 steaking node would actually add transactions to the blockchain and 0:23:27.680 --> 0:23:30.600 for adding those transactions to the blockchain, you get a reward. 0:23:31.040 --> 0:23:35.000 So for Solana it's six percent, for Cardono it's six 0:23:35.080 --> 0:23:39.200 point zero one percent. So instead of having your coin 0:23:39.280 --> 0:23:41.719 sitting on coin base or binance, you can take your 0:23:41.720 --> 0:23:45.280 coins off of the exchange. You can stake them. That way, 0:23:45.280 --> 0:23:48.080 you can have some residual income coming in. 0:23:48.560 --> 0:23:49.360 Alista real quick. 0:23:49.400 --> 0:23:52.080 So proof of steak is obviously you're just getting paid 0:23:52.080 --> 0:23:54.359 for having the coin and allowing people to build off 0:23:54.400 --> 0:23:55.280 of it correct. 0:23:56.680 --> 0:23:57.440 Uh somewhat. 0:23:57.480 --> 0:24:01.480 So you're getting paid for adding new blocks to a blockchain. 0:24:01.560 --> 0:24:03.200 But in order to do that, you have to put 0:24:03.280 --> 0:24:06.560 up some of your assets, and they do that as 0:24:07.240 --> 0:24:11.240 a way to prevent any bad behavior, because if you 0:24:12.240 --> 0:24:15.600 add any sort of transactions that are not correct, then 0:24:16.200 --> 0:24:19.600 your steak gets slash, meaning that they remove a portion 0:24:19.720 --> 0:24:25.119 of the assets that you put up. So you have 0:24:25.200 --> 0:24:28.600 the you can earn an interest on it, but if 0:24:28.680 --> 0:24:33.160 something bad happens, you can actually lose your coins. 0:24:34.320 --> 0:24:35.960 A lot of people will hear those two things. They'll 0:24:35.960 --> 0:24:38.600 hear proof of steak firsut proof of work. And I 0:24:38.600 --> 0:24:41.399 know one of those things is you know Etherium is 0:24:41.440 --> 0:24:43.280 one of those platform that's going from one to the other. 0:24:43.320 --> 0:24:45.040 Can you just touch on what proof of work is 0:24:45.040 --> 0:24:46.240 as opposed to proof of steak. 0:24:47.760 --> 0:24:51.680 So proof of work is different from proof of steak. 0:24:52.440 --> 0:24:54.160 And one of. 0:24:54.080 --> 0:24:57.600 The things you hear about proof of work is about 0:24:57.640 --> 0:25:00.240 the energy costs. But with proof of work he does 0:25:00.280 --> 0:25:05.800 the same thing. You're still mining transactions, but instead of 0:25:07.240 --> 0:25:11.639 putting your coins up, you're using a more energy intensive 0:25:11.680 --> 0:25:18.520 process to add the new transactions to the blockchain, versus 0:25:18.600 --> 0:25:22.520 proof of steak, where you're not using that energy intensive process. 0:25:22.920 --> 0:25:25.240 You're putting your coins up. And the goal of all 0:25:25.240 --> 0:25:29.480 of this is just is to add more transactions to 0:25:29.520 --> 0:25:34.000 the blockchain. They're just two different ways of doing it. 0:25:34.040 --> 0:25:37.800 And with Ethereum two point zero, Ethereum is actually moving 0:25:37.920 --> 0:25:41.200 over to proof of steak. It's currently proof of work, 0:25:41.240 --> 0:25:44.240 but the proof of steak chain is actually you're actually 0:25:44.280 --> 0:25:46.560 able to stake on that proof of steak chain, and 0:25:46.720 --> 0:25:50.040 Ethereum should be doing what they're calling it the merge. 0:25:50.119 --> 0:25:52.880 I think that happens in Q one of twenty twenty two, 0:25:53.320 --> 0:25:56.160 So by that time your Ethereum should be a full 0:25:56.200 --> 0:25:58.879 proof of steak chain and that should help with some 0:25:58.920 --> 0:26:01.320 of the high gas fees that people complain about. 0:26:01.359 --> 0:26:02.919 And if you don't know about gas fees. 0:26:03.400 --> 0:26:07.520 Gas fees are what you pay in order to conduct 0:26:07.520 --> 0:26:09.640 a transaction on the Ethereum network. 0:26:11.000 --> 0:26:12.520 So how do you how do you think that that 0:26:12.560 --> 0:26:15.560 will affect Ethereum as far as you know price targets 0:26:15.560 --> 0:26:17.120 and things of that nature when it switches over. 0:26:18.520 --> 0:26:21.840 So for price targets, I think it's definitely going to 0:26:21.920 --> 0:26:26.800 have a positive influence on the price uh, mainly because 0:26:26.800 --> 0:26:29.640 like for one thing, gas fees. One of the main 0:26:30.400 --> 0:26:33.879 hindrances right now when using Ethereum, especially for new people 0:26:33.880 --> 0:26:37.720 coming on, is the gas That's why we've seen a 0:26:37.760 --> 0:26:42.720 lot of the other smart contract platforms rise platforms like Solana, 0:26:42.760 --> 0:26:44.119 Cardino Avalanche. 0:26:44.480 --> 0:26:46.360 But when Ethereum moves over. 0:26:46.240 --> 0:26:52.200 To proof of steak, you're you'll see lower gas fees, 0:26:52.240 --> 0:26:55.520 you'll have higher higher transaction throughputs, so you'll be able 0:26:55.520 --> 0:26:58.760 to do more on the Ethereum network, and that should 0:26:58.800 --> 0:26:59.760 push the price. 0:27:00.480 --> 0:27:01.400 UH. 0:27:01.600 --> 0:27:05.280 One thing one theory that's been going on, or when 0:27:05.359 --> 0:27:08.479 talking point they talk about is going back to bitcoin. 0:27:08.520 --> 0:27:11.280 Bitcoin has a having every four years. They say, the 0:27:11.320 --> 0:27:15.000 effect of this merge happening for Ethereum two point zero 0:27:15.520 --> 0:27:21.000 could be like three havings in one So if you 0:27:21.040 --> 0:27:24.120 look at how every having the bitcoin price goes up, 0:27:24.480 --> 0:27:26.560 they expect that to happen for ethereum as well. But 0:27:26.640 --> 0:27:29.800 that's one of the uh, that's one of the theories that 0:27:29.800 --> 0:27:32.600 that's out there. But it's definitely gonna have a bullish 0:27:32.680 --> 0:27:37.720 impact on the price, gotcha, just because it just makes 0:27:37.760 --> 0:27:44.760 it more user friendly. And again, like going back into 0:27:45.640 --> 0:27:52.159 smart contracts, there's something called decentralized finance, and I like 0:27:52.200 --> 0:27:56.400 to describe the centralized finance as being able to use 0:27:56.520 --> 0:28:00.000 financial products and use financial services without having to build 0:28:00.080 --> 0:28:05.760 to a traditional financial institution. So that's lending, that's you know, 0:28:05.840 --> 0:28:10.760 trading derivatives, and a lot of the things that you 0:28:10.840 --> 0:28:13.959 can do in the financial system right now, you can 0:28:14.000 --> 0:28:16.120 do it in DeFi. Even as far as creating your 0:28:16.119 --> 0:28:19.959 own index funds, all of that is available to you 0:28:20.119 --> 0:28:21.600 in decentralized finance. 0:28:23.200 --> 0:28:25.680 Now, can we can we can we just talk? Yeah? 0:28:25.680 --> 0:28:29.200 I want to just DeFi is extremely extremely important. When 0:28:29.200 --> 0:28:32.600 Mark Cuban came on Market Mondays, he said, if he 0:28:32.720 --> 0:28:36.480 was just starting out with fifteen hundred dollars, the main 0:28:36.560 --> 0:28:37.000 thing that he. 0:28:36.920 --> 0:28:38.240 Will focus on is defile. 0:28:38.880 --> 0:28:42.080 He said, he would that's like, that's everything and you know, 0:28:42.120 --> 0:28:45.360 obviously Mark Cuban is worth three billion dollars, so when 0:28:45.400 --> 0:28:47.000 he said that, a lot of people you know, was 0:28:47.080 --> 0:28:50.040 interested in DeFi. So yeah, I want I want to 0:28:50.040 --> 0:28:52.400 just I wanted to just say that before you go 0:28:52.480 --> 0:28:54.680 into it, just to kind of preference it. Like that's 0:28:54.680 --> 0:28:57.440 something that Mark Cuban is said on our platform a 0:28:57.480 --> 0:29:00.360 while ago. So it's very important that we covered. Is 0:29:00.480 --> 0:29:01.800 defile situation. 0:29:02.520 --> 0:29:07.080 Sure, definitely. So DeFi, like I said, it gives you 0:29:07.240 --> 0:29:11.720 access to certain financial products and services without having to 0:29:11.760 --> 0:29:14.520 go to a bank. So one side I like to 0:29:14.560 --> 0:29:18.760 go to the research anything happening in DeFi is DeFi 0:29:18.840 --> 0:29:22.720 Lama and this is a site that gives you all 0:29:22.760 --> 0:29:26.360 of the different uh DeFi apps that you can use 0:29:26.480 --> 0:29:33.840 across any blockchain. So whether that be ethereum Solana, avalanche, 0:29:34.720 --> 0:29:38.640 it has it's sort of like the coin market cap, 0:29:38.720 --> 0:29:43.120 but for DeFi. And when we look at here, when 0:29:43.160 --> 0:29:46.400 we look at this this dashboard right now, there's two 0:29:46.480 --> 0:29:49.720 hundred and fifty three billion dollars locked in DeFi. And 0:29:49.720 --> 0:29:51.760 when I say locked, that means people have taken their 0:29:51.800 --> 0:29:54.600 money off of exchanges. They're taken there where there's eight 0:29:55.440 --> 0:29:58.960 uh Solana whatever they've taken it off of Coinbase, they've 0:29:59.000 --> 0:30:02.800 taken it off of buying, and they're using it now 0:30:03.000 --> 0:30:10.640 in DeFi. And with DeFi you have different apps that 0:30:10.680 --> 0:30:15.160 you can use. There's lending, there's exchanges, there's asset management, 0:30:15.600 --> 0:30:20.720 there's insurance, there's most of the most of the same 0:30:20.720 --> 0:30:23.960 products that you can get traditionally you can get in DeFi. 0:30:24.720 --> 0:30:28.680 And one of the biggest platforms in DFI right now 0:30:28.840 --> 0:30:35.480 is AVE. Ave has about eighteen billion dollars locked, meaning 0:30:35.480 --> 0:30:39.959 they're managing eighteen billion dollars in value. And the crazy 0:30:39.960 --> 0:30:41.680 thing about this, what a lot of people don't get 0:30:41.760 --> 0:30:44.040 is that in order to use AVE, you don't have 0:30:44.120 --> 0:30:47.840 to sign up with You don't need your Social Security number, 0:30:48.120 --> 0:30:50.920 you don't need to fill out any applications, you don't 0:30:50.920 --> 0:30:54.160 need to go through any of that process. As long 0:30:54.240 --> 0:30:57.520 as you have a wallet with some assets in the wallet, 0:30:57.960 --> 0:31:01.240 you can go onto AVE and be able to save 0:31:01.360 --> 0:31:05.440 money and earn interest on that money, so you can 0:31:05.560 --> 0:31:07.320 use AVE as a savings account. 0:31:07.680 --> 0:31:09.760 Alis the real quick because I'm glad that you said 0:31:09.800 --> 0:31:11.880 the word wallet, because I get this question a lot 0:31:11.880 --> 0:31:12.400 of times. 0:31:12.960 --> 0:31:15.640 Can you just go over what a wallet is? Let's 0:31:15.640 --> 0:31:16.640 talk hard wallet. 0:31:16.680 --> 0:31:21.160 Let's talk coal wallet. Let's clear up the definition of 0:31:21.240 --> 0:31:22.400 wallets in the different types. 0:31:23.280 --> 0:31:27.400 Sure, so there, like you said, there's the hot wallet 0:31:27.440 --> 0:31:31.920 and the coal wallet. But a wallet is essentially an 0:31:31.960 --> 0:31:37.280 account where you hold your assets. And you have hot 0:31:37.320 --> 0:31:39.680 wallets and coal wallets. Hot wallets are connected to the 0:31:39.720 --> 0:31:43.320 internet and coal wallets are usually a piece of hardware, 0:31:44.560 --> 0:31:46.720 but they both serve the same function. It's just a 0:31:46.760 --> 0:31:49.920 way for you to hold your assets in your own 0:31:49.960 --> 0:31:54.920 custody instead of keeping it on a coinbase or Gemini 0:31:55.360 --> 0:32:01.760 or a binance. And the thing with the wallet is 0:32:03.480 --> 0:32:05.520 when you start, when you set up your wallet, you're 0:32:05.560 --> 0:32:08.880 giving what's called a private key, and that private key 0:32:09.760 --> 0:32:12.360 is you can think of that as the key to 0:32:12.880 --> 0:32:15.720 your vault. If you lose that private key, then you 0:32:15.800 --> 0:32:18.560 lose access to the vault. If if somebody else gets 0:32:18.680 --> 0:32:21.440 a hold of that key, then they also have access 0:32:21.480 --> 0:32:25.320 to the vault. And so it's very important that you 0:32:25.400 --> 0:32:29.320 keep that private key safe. Another strategy that I always 0:32:29.360 --> 0:32:33.080 recommend is to have multiple wallets. And I say that 0:32:33.160 --> 0:32:35.840 because the blockchain is a public place. So if you 0:32:35.920 --> 0:32:37.960 have one wallet and you have all your assets in 0:32:38.000 --> 0:32:41.240 that wallet, if I know your address, I can actually 0:32:41.240 --> 0:32:42.960 go into your wallet and see what you have. I 0:32:43.040 --> 0:32:46.240 actually did this on one of the crypto calls where 0:32:46.280 --> 0:32:48.600 we actually looked at what was in Mark Cuban's wallet. 0:32:49.240 --> 0:32:54.080 So that's just an interesting tidbit, like always have multiple. 0:32:53.680 --> 0:32:56.680 Wallets, allegedly allegedly. 0:32:56.720 --> 0:33:01.720 I mean, I'm glad you cleared that up in and 0:33:01.720 --> 0:33:03.800 I see a lot of people typing yes, so they say, 0:33:03.920 --> 0:33:05.240 is a nano ledger a wallet. 0:33:05.320 --> 0:33:07.400 Yes, it's a wallet, but that does not live. 0:33:07.280 --> 0:33:10.800 On the internet, right, so that would not qualify under 0:33:10.840 --> 0:33:13.040 the definition of a hot wallet. 0:33:13.600 --> 0:33:18.400 No, yeah, it is. Yeah, a nano ledger is a 0:33:18.400 --> 0:33:22.240 cold or with some people would call it a hardware 0:33:22.280 --> 0:33:24.920 wallet because it's on a piece of hardware. An example 0:33:24.920 --> 0:33:30.240 of a hot wallet would be meta Mask, and meta 0:33:30.280 --> 0:33:32.920 Mask is the main wallet. It's like the number one 0:33:32.960 --> 0:33:40.840 wallet for use in DeFi, and it's a very convenient 0:33:40.840 --> 0:33:43.520 wallet to have because you're able to use the meta 0:33:43.560 --> 0:33:45.560 mask to connect to some of these apps. Like I 0:33:45.560 --> 0:33:48.880 said before, when you connect to AVE or when you 0:33:48.920 --> 0:33:53.239 connect to any other DeFi protocol, you don't sign up 0:33:53.240 --> 0:33:55.800 on anything. All you do is you connect your wallet 0:33:56.600 --> 0:34:03.680 and you use the protocol. So I can actually show 0:34:04.160 --> 0:34:10.759 an example of that. Actually, before I get there, I 0:34:10.840 --> 0:34:15.040 just want to show more of DeFi because going back 0:34:15.080 --> 0:34:18.520 to Shuba, one of the things that I heard from 0:34:18.560 --> 0:34:21.480 people about SUBA is that SUBA is going to be 0:34:21.560 --> 0:34:29.000 creating a decentralized exchange. And that's two. And they bring 0:34:29.000 --> 0:34:32.759 in they started the decentralized exchange because defile, like I said, 0:34:32.800 --> 0:34:35.080 it's very hot right now people are using it. But 0:34:36.080 --> 0:34:38.880 if we look at what subar swap is doing, and 0:34:38.920 --> 0:34:46.560 subar swap is what's called a decentralized exchange. So I 0:34:46.560 --> 0:34:48.719 would want to know from like, if you can just 0:34:48.880 --> 0:34:51.239 show of hands, how many of you have actually used 0:34:51.239 --> 0:34:58.680 subar swap. And I bring that up because a lot 0:34:58.680 --> 0:35:03.080 of people bought into ship the for the reason that, oh, well, 0:35:03.080 --> 0:35:05.279 they're going to be creating an exchange. But if you 0:35:05.360 --> 0:35:10.080 look down here, it's it's really not much that they're 0:35:10.120 --> 0:35:12.319 managing in their exchange. It's only four hundred and sixty 0:35:12.360 --> 0:35:15.279 seven million dollars in value. Compare that to some of 0:35:15.280 --> 0:35:17.719 the top protocols like Curve and Sushi swap, they're in 0:35:17.719 --> 0:35:20.560 the billions of dollars in value. And then I'm also 0:35:20.600 --> 0:35:25.360 looking at this market cap to total value locked it's 0:35:25.440 --> 0:35:28.000 when these are under one or somewhere around there that's 0:35:28.000 --> 0:35:31.759 a good value. But if we I calculated Shibba and 0:35:31.800 --> 0:35:34.000 it was that sixty six percent, and what that means 0:35:34.120 --> 0:35:37.320 is that compared to its market cap and the amount 0:35:37.360 --> 0:35:38.000 of value. 0:35:37.719 --> 0:35:40.400 That's actually being manager on that exchange. 0:35:41.600 --> 0:35:44.680 Like it's greatly overvalue compared to a lot of the 0:35:44.719 --> 0:35:48.200 other decentralized exchanges in DeFi. 0:35:51.520 --> 0:35:54.400 So let's let's do this for a minute because I 0:35:54.400 --> 0:35:56.680 want to. I want to get to questions as well, 0:35:57.080 --> 0:35:58.799 and that's going to be the bad part of the 0:35:59.400 --> 0:36:01.640 So I know you have some more stuff, but I 0:36:01.680 --> 0:36:05.920 want to bring Lawrence in to to speak before we 0:36:05.960 --> 0:36:12.160 go to Q and A. So Lawrence, Lawrence, you ready, yes. 0:36:12.040 --> 0:36:14.640 Sir, I'm locked and loaded, all right, all right? 0:36:14.680 --> 0:36:19.640 Brother, So yeah, Lawrence Eyo, University professor, a wizard, whiz kid, 0:36:20.800 --> 0:36:23.919 let's talk about let's talk about crypto and I want 0:36:23.920 --> 0:36:26.399 to also, don't worry, we're gonna answer questions too, because 0:36:26.400 --> 0:36:29.480 I realized that everybody's at different stages of this. So 0:36:29.840 --> 0:36:33.600 what I don't want people to do is become discouraged 0:36:33.640 --> 0:36:35.759 if you don't know, if you don't understand the conversation. 0:36:35.880 --> 0:36:38.520 So don't worry staying. We're going to talk about, you know, 0:36:38.680 --> 0:36:40.719 basic stuff as far as how they get started, and 0:36:40.800 --> 0:36:43.520 you know the basic level. You know, I'm the I'm 0:36:43.560 --> 0:36:45.880 the third grade guy when it comes to explaining things, 0:36:45.880 --> 0:36:48.880 so you know, I'm very cognizant of that, and I 0:36:48.960 --> 0:36:51.960 understand that everybody's at different price points, but it's important 0:36:52.000 --> 0:36:54.320 to know you know all of this information. 0:36:54.440 --> 0:36:58.439 So Lawrence, Yeah, let's get into this all. 0:36:58.400 --> 0:37:00.279 Right, you sir, appreciate it. I'll got it to share 0:37:00.360 --> 0:37:06.360 my Speren definitely big time shout out to Eyl. Appreciate 0:37:06.400 --> 0:37:08.759 you guys for having me on as always. I loved 0:37:08.760 --> 0:37:12.239 always being here and appreciate the energy. I'm excited. So 0:37:12.280 --> 0:37:14.319 I wanted to talk about a couple of things I'm 0:37:14.320 --> 0:37:18.080 pretty much gonna get started crypto investing in twenty twenty one, 0:37:19.080 --> 0:37:21.480 and why security is like, honestly one of the most 0:37:21.520 --> 0:37:24.160 important things. A lot of times people just want to 0:37:24.200 --> 0:37:27.560 hop right into crypto, don't know anything about it. And 0:37:27.600 --> 0:37:30.040 one of the biggest things that I found when I 0:37:30.080 --> 0:37:34.160 started investing in cryptocurrency back in twenty seventeen was that 0:37:34.320 --> 0:37:37.160 so many people have made so much money off of 0:37:37.200 --> 0:37:40.239 crypto but never were able to properly secure it. So 0:37:40.360 --> 0:37:42.000 one of the things that he was just talking about 0:37:42.080 --> 0:37:43.960 is really really key when it comes to crypto, and 0:37:43.960 --> 0:37:46.480 that's securing your assets. I actually have right here in 0:37:46.560 --> 0:37:49.680 front of me a Ledger security device and it's a 0:37:49.760 --> 0:37:52.640 Legend nano S, and I also have legerd nanto xs, 0:37:52.680 --> 0:37:54.600 and so I'm going to break down the difference of 0:37:54.680 --> 0:37:57.560 the legdo s and the legerdnao X and why it's 0:37:57.600 --> 0:38:03.440 important to have these wallets. These wallets come with typically 0:38:03.440 --> 0:38:06.840 anywhere in between an eighteen and twenty four word phrase 0:38:06.920 --> 0:38:09.359 that you may have to remember. You can write it down, 0:38:09.400 --> 0:38:12.040 have it in your noes multiple places, so you can 0:38:12.120 --> 0:38:16.920 actually send your crypto back and forth from coinbase, Gemini, Uphold, 0:38:16.920 --> 0:38:20.440 whatever platform that you're using. When you hold your crypto 0:38:20.480 --> 0:38:23.120 on this, you actually own your crypto. When you're buying 0:38:23.160 --> 0:38:25.960 it on Robinhood and you're buying it on these platforms, 0:38:25.960 --> 0:38:28.160 you don't really own your crypto. When you put it 0:38:28.200 --> 0:38:32.279 onto this, your own platform, you own your crypto. There 0:38:32.360 --> 0:38:35.000 is no fraud department one eight hundred number to call saying, 0:38:35.080 --> 0:38:38.000 oh my god, someone stole my car. If someone takes this, 0:38:38.120 --> 0:38:40.480 you need to be responsible like, you have to be 0:38:40.520 --> 0:38:43.080 a responsible person when it comes to investing in crypto. 0:38:43.320 --> 0:38:45.880 There's a lot of people who have made millions and 0:38:45.920 --> 0:38:48.600 billions of dollars in crypto and haven't seen a dime 0:38:48.640 --> 0:38:51.480 from it because they did not take the security aspect 0:38:51.600 --> 0:38:55.920 very important. Also, why having one of these devices this 0:38:55.960 --> 0:38:58.080 is this key. What you'll see happen is is when 0:38:58.200 --> 0:38:59.960 a lot of times we get these major, major high 0:39:00.200 --> 0:39:02.440 runs and we get a lot of people influxed into 0:39:02.520 --> 0:39:05.520 the crypto space when it's all over the news XYZ, 0:39:06.080 --> 0:39:08.560 what happens is you'll see Coinbase may say, oh we're 0:39:08.600 --> 0:39:11.520 down for six hours. That's not something that you want 0:39:11.600 --> 0:39:14.480 to be consistently happened to you. You'll see Binance might 0:39:14.520 --> 0:39:17.400 be down. You'll see all these different platforms having network 0:39:17.480 --> 0:39:19.920 issues and problems. So you want to be mindful of that. 0:39:20.200 --> 0:39:22.480 And I always tell people that before you ever put 0:39:22.719 --> 0:39:25.480 any money into the crypto space, you must have a 0:39:25.480 --> 0:39:28.359 security device. That is like my number one rule when 0:39:28.360 --> 0:39:31.319 I'm talking to people about investing in crypto is security 0:39:31.400 --> 0:39:33.240 is key because you can make a lot of money, 0:39:33.320 --> 0:39:35.480 but if you have nowhere to house it and secure it, 0:39:35.640 --> 0:39:41.440 what's the point. So Ledger security devices. Only buy from 0:39:41.480 --> 0:39:43.960 the actual website. So I'm about to get into this, 0:39:44.120 --> 0:39:46.960 like why buying from the actual website is so important. 0:39:47.280 --> 0:39:48.600 So you can actually come. 0:39:48.400 --> 0:39:48.879 Here to. 0:39:50.360 --> 0:39:55.000 Ledgerlive dot ledger dot com and you'll see they even 0:39:55.080 --> 0:39:59.360 have alert pretty much right on their website saying beware 0:39:59.400 --> 0:40:02.960 of ongoing and phishing campaigns. So what happens when you 0:40:02.960 --> 0:40:05.440 buy it from potentially Amazon, you buy it from another 0:40:05.480 --> 0:40:09.800 third party website eBay wherever. What happens is that someone 0:40:09.800 --> 0:40:12.520 can order a bunch of these ledgers and then go 0:40:12.560 --> 0:40:15.239 ahead and hack them, and then you buy it off 0:40:15.239 --> 0:40:17.759 of Amazon, and you buy it off that third party website, 0:40:18.080 --> 0:40:19.879 and then you put your crypto on there, and they 0:40:19.920 --> 0:40:22.759 actually have access and can steal your money. So it's 0:40:22.800 --> 0:40:25.520 important that you only buy it from this website. You 0:40:25.560 --> 0:40:28.320 do not want to buy a legend nano from anywhere else. 0:40:28.800 --> 0:40:30.920 So if you come here to products, you have the 0:40:31.000 --> 0:40:34.120 legrodnetal X and the legend thatal S. So the S 0:40:34.160 --> 0:40:36.640 if you come here, the S is going to be 0:40:37.800 --> 0:40:41.640 sixty dollars sixty dollars right now. Now, the S is 0:40:41.719 --> 0:40:45.560 only compatible via your computer, so you must have a computer. 0:40:45.600 --> 0:40:48.919 It's only compatible via your computer. Now, if you come 0:40:48.960 --> 0:40:52.479 to the X, you can actually download the app which 0:40:52.520 --> 0:40:55.520 was I was saying earlier, Ledger Live. That's the actual 0:40:55.560 --> 0:40:57.799 app that you can actually have on your phone, and 0:40:57.840 --> 0:41:00.879 you could collect connect the legend net x to your 0:41:00.920 --> 0:41:04.640 actual computer. So when you connect it to your computer 0:41:04.680 --> 0:41:07.480 and your smartphone, so you can actually have it connected 0:41:07.520 --> 0:41:09.960 to your smartphone and be able to track it just 0:41:10.000 --> 0:41:11.640 like if it was your bank account at Bank of 0:41:11.640 --> 0:41:15.080 America or J Morgan Chase wherever, and you actually open up. 0:41:15.360 --> 0:41:18.319 You can actually use your face ID open up and 0:41:18.400 --> 0:41:21.919 make those transactions back and forth. Now, the biggest thing 0:41:22.000 --> 0:41:25.080 is when it comes to you actually sending this back 0:41:25.120 --> 0:41:28.040 and forth, because it's important that you do not miss 0:41:28.080 --> 0:41:31.480 a letter in your actual tag and your wallet code 0:41:31.520 --> 0:41:34.080 when sending your crypto back and forth. Like I said, 0:41:34.239 --> 0:41:36.560 there is no one eight hundred number to call cry 0:41:36.560 --> 0:41:38.920 and saying, oh my gosh, I press the wrong button. 0:41:39.120 --> 0:41:41.399 Can I get my money back? It's not happening. Once 0:41:41.400 --> 0:41:43.879 you send, it is gone. So the great thing now 0:41:43.960 --> 0:41:47.080 is that you actually have those QR codes so you 0:41:47.120 --> 0:41:49.120 don't really have to do a lot of typing. So 0:41:49.160 --> 0:41:52.200 when you're sending back and forth every place that you 0:41:52.360 --> 0:41:55.640 purchase crypto and when you're taking a look, Robinhood is 0:41:55.640 --> 0:41:58.560 now trying to even install this where they actually have 0:41:58.760 --> 0:42:01.400 your actual wallet, so you can actually send out of 0:42:01.880 --> 0:42:05.400 Robinhood to other platforms that'll be coming soon to Robinhood. 0:42:05.760 --> 0:42:08.000 But if you're on Coinbase, if you're on Voyager, if 0:42:08.000 --> 0:42:10.680 you're on Gemini, you're on any of these platforms, when 0:42:10.719 --> 0:42:13.719 you purchase and it's stored on there, you have a 0:42:13.880 --> 0:42:16.839 unique wallet that you can send to and from and 0:42:16.880 --> 0:42:19.960 so utilizing that and make sure that you're using a 0:42:20.040 --> 0:42:22.160 QR code and scanning it is going to be really 0:42:22.200 --> 0:42:24.799 efficient and key. I know sometimes you know, we get 0:42:24.800 --> 0:42:28.080 faster typing and texting. You might miss a letter. This 0:42:28.200 --> 0:42:31.000 same the time where you want to misspell something, have 0:42:31.080 --> 0:42:33.000 some spell check on your phone, whatever it may be. 0:42:33.480 --> 0:42:35.960 So the ledgerd n X or the S and an 0:42:36.000 --> 0:42:38.520 easier way is you can go ahead and get a bundle. 0:42:38.719 --> 0:42:40.480 You can get these three so you can partner up 0:42:40.520 --> 0:42:43.120 with your cousin or your friend or your wife, whoever. 0:42:43.480 --> 0:42:46.160 You could partner up and get multiple ledgers, and you 0:42:46.160 --> 0:42:48.759 can get it even cheaper at a discount. So it's 0:42:48.800 --> 0:42:52.080 no excuse why people don't have anywhere to secure their 0:42:52.120 --> 0:42:55.800 crypto before we even get into talking anything about cryptocurrency. 0:42:56.040 --> 0:42:59.080 Security is number one. You can make all the money 0:42:59.080 --> 0:43:00.680 in the world in a cryptospace, but if you're not 0:43:00.719 --> 0:43:06.600 secure your assets, there's no point all right back to 0:43:06.640 --> 0:43:10.120 the slide. So I want to talk about, like what's 0:43:10.160 --> 0:43:13.840 the benefits honestly when we talk about blockchain, unless we 0:43:13.960 --> 0:43:17.799 like really getting too breaking down like what is actual blockchain? 0:43:18.080 --> 0:43:20.400 Because this is like an important topic of what a 0:43:20.440 --> 0:43:23.879 lot of people are talking about and having questions saying, 0:43:23.920 --> 0:43:26.239 what is blockchain? How can it be useful for me? 0:43:26.920 --> 0:43:29.359 So the thing about blockchain is, and the thing about 0:43:29.400 --> 0:43:33.040 bitcoin and ethereum there are a decentralized network. So one 0:43:33.080 --> 0:43:35.719 of the biggest problems that we've had with the US 0:43:35.840 --> 0:43:39.000 governments and governments across the world is the control of 0:43:39.080 --> 0:43:42.399 money supply and the ability to be able to manipulate 0:43:42.440 --> 0:43:46.000 that money supply. So when you take a look at bitcoin, 0:43:46.080 --> 0:43:49.279 there's only a certain amount of biitcoin ever going to 0:43:49.320 --> 0:43:52.439 be made and created. The brother before me at broke 0:43:52.480 --> 0:43:55.879 down a great point talking about every four years. There's 0:43:55.880 --> 0:43:58.680 a reason why crypto took off in twenty sixteen. There's 0:43:58.680 --> 0:44:01.040 a reason why it took off in again and we're 0:44:01.040 --> 0:44:04.480 seeing it do what it's doing now because people understand 0:44:04.640 --> 0:44:08.320 the system. So what is decentralized hearing in the US, 0:44:08.680 --> 0:44:12.160 we live in a centralized economy, and so what does 0:44:12.200 --> 0:44:15.000 that mean. You have a Federal Reserve Chairman Drone Powell 0:44:15.239 --> 0:44:18.280 and his team in the United States where they actually 0:44:18.360 --> 0:44:22.680 control the money supply, where hey, he always talks about, hey, 0:44:22.719 --> 0:44:25.400 we can just print more money with bitcoin. You cannot 0:44:25.440 --> 0:44:28.200 do that. So there's a limited amount of supply and 0:44:28.239 --> 0:44:32.200 that supply gets cut every four years. And so what 0:44:32.239 --> 0:44:34.759 you're going to see is what this is basic. This 0:44:34.840 --> 0:44:37.200 isn't anything really hard. I think a lot of times 0:44:37.200 --> 0:44:39.680 people make it more complicated than what it is. If 0:44:39.680 --> 0:44:43.360 I take supply from something, but then more demand continues 0:44:43.400 --> 0:44:45.640 to come in, what is going to happen to price? 0:44:45.840 --> 0:44:48.680 If it was Jordan's, if it's bitcoin, whatever, price is 0:44:48.719 --> 0:44:51.359 going to go up because there's less supply, but now 0:44:51.360 --> 0:44:54.200 there's increase in more demand. And so when we start 0:44:54.200 --> 0:44:57.360 talking about blockchain and what's the benefits we talked about 0:44:57.440 --> 0:45:01.040 talk about peer to peer transactions. When we think about 0:45:01.280 --> 0:45:05.000 how countries actually had to transact, countries had to use 0:45:05.040 --> 0:45:07.879 to transact through wires or had to take cash via 0:45:07.960 --> 0:45:11.120 military from country to country to do business and trade. 0:45:11.320 --> 0:45:15.840 With blockchain technology, this is actually going to build smart cities. 0:45:15.960 --> 0:45:19.680 We're already seeing smart cities in China right now. When 0:45:19.719 --> 0:45:22.439 we start thinking about self driving cars like Tesla Level 0:45:22.680 --> 0:45:25.480 and we start thinking about that type of technology, a 0:45:25.480 --> 0:45:27.719 lot of that is going to be powered by blockchain. 0:45:28.120 --> 0:45:30.600 Right now, there's a smart city being built in Arizona 0:45:30.640 --> 0:45:34.040 by Bill Gates. All of this is being powered by blockchain. 0:45:34.120 --> 0:45:36.520 So that's one of the main benefits. The future that 0:45:36.560 --> 0:45:38.600 we're going to live in is going to be powered 0:45:38.600 --> 0:45:46.000 by blockchain. So crypto platforms coinbas Uphold, Crypto, dot Com, Gemini, 0:45:46.040 --> 0:45:49.120 and Voyage. Voyager our five platforms that I'll say, it's 0:45:49.160 --> 0:45:51.880 good for people to be able to purchase crypto and 0:45:51.880 --> 0:45:55.399 get started with and then transfer to your ledger. As 0:45:55.440 --> 0:45:58.840 I mentioned earlier, so the benefits of using peer to 0:45:58.840 --> 0:46:03.080 peer transactions. So he mentioned the crypto coin XRP, which 0:46:03.120 --> 0:46:07.080 is one of the fastest coins in the world. XRP 0:46:07.320 --> 0:46:10.200 has been delisted from most of those platforms that I 0:46:10.320 --> 0:46:15.960 just named. Accept Uphold. XRP went under a lawsuit that 0:46:16.080 --> 0:46:18.040 talked about a little bit with their peer to peer 0:46:18.120 --> 0:46:21.719 transactions and some other things. Hopefully that gets revolved. What 0:46:21.840 --> 0:46:25.399 we'll see now. One of the things with XRP is 0:46:25.480 --> 0:46:28.239 if someone was in Africa right now and I'm here 0:46:28.280 --> 0:46:30.879 in the United States and boom, I could send them 0:46:30.880 --> 0:46:32.960 money in like five seconds. They can send me two 0:46:33.000 --> 0:46:35.200 hundred dollars. I can send them two hundred dollars. So 0:46:35.239 --> 0:46:37.319 one of the things is that the benefits of using 0:46:37.360 --> 0:46:40.359 those peer to pair of transactions. It's between you and 0:46:40.400 --> 0:46:44.560 that person on that blockchain network and that ledger. So 0:46:44.600 --> 0:46:47.799 that's important to understand that using peer to peers of 0:46:47.840 --> 0:46:51.680 transactions in crypto is really one of the main benefits 0:46:51.719 --> 0:46:55.239 that people love to use crypto and the efficiency and 0:46:55.280 --> 0:46:58.040 the cost. So when we talk about wire transfers, when 0:46:58.080 --> 0:46:59.960 we talk about the cost of bringing cast from a 0:47:00.040 --> 0:47:03.640 country to another country, that is highly a high cost. 0:47:03.960 --> 0:47:08.200 That is a high cost with crypto, those transaction fees 0:47:08.480 --> 0:47:11.160 when it comes to wires, and when we talk about 0:47:11.200 --> 0:47:14.600 bringing cash to place to place, those transaction fees cost 0:47:14.800 --> 0:47:18.120 less and less. More like they cost less and less. 0:47:18.120 --> 0:47:20.920 So I just tell people, like benefits of using peer 0:47:21.000 --> 0:47:24.600 to peer transaction is key. And the platforms I mentioned 0:47:24.680 --> 0:47:31.560 was coin based, Voyager and Gemini Crypto dot com uphold. 0:47:31.800 --> 0:47:33.640 Those are all the platforms that I mentioned before. I 0:47:33.719 --> 0:47:37.200 seen someone ask about that. So how to avoid like 0:47:37.239 --> 0:47:39.239 crypto scams because I think this is one of the 0:47:39.239 --> 0:47:42.359 biggest things that people get caught up on. Someone sent 0:47:42.440 --> 0:47:44.960 me a DM on Instagram, or someone called me or 0:47:45.000 --> 0:47:47.800 text me saying it set up a coin based account 0:47:47.840 --> 0:47:50.720 or set it up my wallet. If someone is asking 0:47:50.760 --> 0:47:55.080 you to send them crypto or asking you to buy 0:47:55.120 --> 0:47:57.239 some crypto and set it up and give you their 0:47:57.760 --> 0:48:00.560 give you your wallet password at x y z, please 0:48:00.600 --> 0:48:04.000 ignore them, like please please ignore them, please block them. 0:48:04.040 --> 0:48:05.719 No one is going to be reaching out to you 0:48:06.040 --> 0:48:10.120 from a fake page asking you to send money and 0:48:10.320 --> 0:48:10.919 it be legit. 0:48:11.040 --> 0:48:14.319 It's not legit, including us and including us, y'all. 0:48:14.320 --> 0:48:14.960 That's not us. 0:48:15.040 --> 0:48:18.080 Yes, yes, that's not us. Please YouTube, Let me just 0:48:18.120 --> 0:48:20.200 get it. That's very important. Let me turn the camera 0:48:20.280 --> 0:48:22.240 on YouTube. Public service O YouTube. 0:48:22.680 --> 0:48:23.160 YouTube. 0:48:23.920 --> 0:48:25.960 If you are on YouTube and you see earn your 0:48:26.000 --> 0:48:30.040 Lisia asking what they're doing is they're creating other pages 0:48:30.600 --> 0:48:31.640 using earn your Lisia. 0:48:31.640 --> 0:48:32.839 They're using the emoji. 0:48:33.000 --> 0:48:34.880 But it's not like if you go to their page, 0:48:34.880 --> 0:48:37.359 don't have like one hundred subscribers or like two subscribers. 0:48:37.800 --> 0:48:40.120 But it's confusing because it has our name and it 0:48:40.160 --> 0:48:40.600 has our. 0:48:40.520 --> 0:48:42.440 Logo, and they're always on our comments. 0:48:42.440 --> 0:48:45.440 We are we have never asked anybody for crypto. We 0:48:45.520 --> 0:48:48.080 are not asking you for crypto. So please don't send 0:48:48.080 --> 0:48:51.399 any crypto. Please please, please please. 0:48:51.200 --> 0:48:53.880 And then that's YouTube A's ig. We're not asking for 0:48:53.920 --> 0:48:55.200 any money. Please don't do that. 0:48:55.239 --> 0:48:56.280 Public service announced. 0:48:56.320 --> 0:48:56.600 Thank you. 0:48:56.840 --> 0:48:59.200 I'm glad you said that, Laura. I appreciate you. 0:49:00.080 --> 0:49:02.320 Yes, sir, yeah, No, it's important for people to understand 0:49:02.320 --> 0:49:05.600 that because you got to understand why are they doing that. 0:49:05.640 --> 0:49:07.440 They're doing that because, like I said, there is no 0:49:07.520 --> 0:49:10.239 one eight hundred number to call. You're not able to 0:49:10.239 --> 0:49:12.440 call them. So once you send them that money or 0:49:12.440 --> 0:49:14.520 you give them that access to that whilet it's over it, 0:49:14.640 --> 0:49:17.520 they're taking it. So please guys, stay away from those. 0:49:17.880 --> 0:49:19.560 I know that's one of the main things that a 0:49:19.560 --> 0:49:22.399 lot of people always get caught up in when they 0:49:22.400 --> 0:49:25.480 first get into crypto, not knowing, you know, the ins 0:49:25.520 --> 0:49:27.200 and outs of it. So I really wanted to mention 0:49:27.320 --> 0:49:31.880 that here tonight how to avoid crypto scres, smart contracts, 0:49:31.880 --> 0:49:35.520 and just something that he touched on very in definite. 0:49:35.520 --> 0:49:37.399 I want to talk about it as well too. So 0:49:37.680 --> 0:49:42.239 smart contracts pretty much permit trusted transactions. So that's the 0:49:42.239 --> 0:49:43.480 way you want to look at it when you were 0:49:43.520 --> 0:49:47.279 talking about this blockchain technology and understanding how this is 0:49:47.320 --> 0:49:50.359 going to continue to evolve as we go through time. 0:49:50.840 --> 0:49:53.560 So one of the things in the decentralized network, in 0:49:53.600 --> 0:49:56.880 the blockchain network is the code to execution. So what 0:49:56.960 --> 0:50:00.719 he talked about in the codes to execution, transactions are 0:50:00.800 --> 0:50:04.440 trackable and irreversible. So that's one of the things that 0:50:04.480 --> 0:50:06.680 I was just saying, like, once you send someone money, 0:50:06.680 --> 0:50:10.440 it's irreversible. The transactions are also as well trackable. So 0:50:10.480 --> 0:50:15.040 it's key to understand that these self executing contracts, this 0:50:15.080 --> 0:50:19.200 is what binds a lot of times these particular transactions together. 0:50:19.560 --> 0:50:22.280 So this is the transparency part when we talk about 0:50:22.280 --> 0:50:26.759 smart contracts. So crypto is a very transparent place. It 0:50:26.840 --> 0:50:30.400 is not controlled by centralized entity, and that is the 0:50:30.440 --> 0:50:34.160 biggest thing. It's not controlled by centralized entity. And so 0:50:34.440 --> 0:50:38.080 that's why when we see certain things happen in economies 0:50:38.120 --> 0:50:41.360 across the world, where we see certain things even throughout 0:50:41.360 --> 0:50:44.080 the pandemic, there was a reason why theoryum went up 0:50:44.239 --> 0:50:45.920 as much as it did and didn't just go up 0:50:46.000 --> 0:50:47.760 just to go up. It was a reason why bitcoin 0:50:47.800 --> 0:50:50.480 went up as much as it did because people started 0:50:50.480 --> 0:50:53.719 to lose faith in the government's ability to be able 0:50:53.760 --> 0:50:57.680 to control the money supply and be able to control economies. 0:50:57.680 --> 0:51:01.319 And people said, enough, we've been experience and what a 0:51:01.480 --> 0:51:04.880 hyper inflationary economy where we're seeing costs of live and 0:51:04.960 --> 0:51:08.319 increase exponentially because of the amount of money that's been 0:51:08.360 --> 0:51:12.120 put in circulated into our economy. So when we start 0:51:12.120 --> 0:51:15.359 to think about why people are actually coming to execute 0:51:15.480 --> 0:51:18.800 these smart contracts, why people are coming to purchase cryptocurrencies, 0:51:19.000 --> 0:51:24.160 it's a true heads to inflation over time. So the 0:51:24.280 --> 0:51:28.280 influence of monetary policy, what roles will the Fed play, 0:51:28.600 --> 0:51:32.600 and why some regulations are good. So I talked a 0:51:32.600 --> 0:51:37.480 lot about decentralized network and Alistair did before as well, 0:51:37.920 --> 0:51:40.280 but I want to talk about the influence of monetary 0:51:40.400 --> 0:51:44.279 policy and what we've seen and why crypto in the 0:51:44.320 --> 0:51:47.280 crypto space has grown so much in the past twelve 0:51:47.320 --> 0:51:50.680 to eighteen months. So what roles will the Federal Reserve 0:51:50.719 --> 0:51:52.880 play For the people that don't know who the Federal 0:51:52.880 --> 0:51:55.960 Reserve is? We have the Federal Reserve chairman, Drome Powell. 0:51:56.520 --> 0:51:58.960 So Drome Power is someone that I would ask everyone 0:51:58.960 --> 0:52:01.279 to go research. Been the Federal Reserve chairman for the 0:52:01.360 --> 0:52:04.640 past few years. And when we've seen the amount of 0:52:04.680 --> 0:52:08.080 money that's been put into our economy via unemployment checks, 0:52:08.400 --> 0:52:12.120 SBA loans, when we see from stimulus checks, all of 0:52:12.160 --> 0:52:14.520 those different things have now put a bunch of money 0:52:14.520 --> 0:52:18.040 into our circulating supply, and they've just continued to print. 0:52:18.320 --> 0:52:20.520 But the thing is, you cannot print your way out 0:52:20.560 --> 0:52:23.440 of a problem. Eventually there is a debt to pay. 0:52:23.960 --> 0:52:27.479 And so what happens is is that people have now seen, 0:52:27.560 --> 0:52:30.000 oh my god, like my dollar is not backed by anything. 0:52:30.000 --> 0:52:32.160 My dollar does mean no good in my bank account. 0:52:32.320 --> 0:52:34.239 So the same way that people take their money to 0:52:34.280 --> 0:52:36.640 go and invest in a stock market, as the stock 0:52:36.719 --> 0:52:39.840 market is another hedge to inflation, people are using the 0:52:39.960 --> 0:52:42.320 crypto space to be able to hey, let's go invest 0:52:42.560 --> 0:52:45.680 here and get a year. That's all that we're people 0:52:45.680 --> 0:52:47.839 are looking for. People are always looking for a yield. 0:52:47.840 --> 0:52:50.239 A yield is a return. So what roles will the 0:52:50.280 --> 0:52:54.600 Fed play? So as the Federal Reserve continues to print money, 0:52:55.000 --> 0:52:59.360 and as the Democrats and Republicans continue to approve packages 0:52:59.360 --> 0:53:03.160 of spending major spending, trillions of dollars of spending. We 0:53:03.239 --> 0:53:07.320 may continue to see assets like bitcoin and ethereum continue 0:53:07.360 --> 0:53:10.160 to grow. Why because people are looking for that hedge. 0:53:10.160 --> 0:53:12.880 People are looking to get a yield, and so that 0:53:13.040 --> 0:53:14.960 is one of the main roles that the Federal Reserve 0:53:15.040 --> 0:53:18.840 played by their actions will directly have an impact to 0:53:18.920 --> 0:53:21.680 how crypto will perform in the future. And why some 0:53:21.840 --> 0:53:24.520 regulations are good. So there's a lot of people who 0:53:24.520 --> 0:53:28.000 have purchased crypto on some websites that I didn't even name. 0:53:28.080 --> 0:53:31.200 You got some crazy websites out there. Because what I 0:53:31.239 --> 0:53:33.400 want people to understand is for people that don't know, 0:53:33.960 --> 0:53:36.560 the beginning of bitcoin, in the beginning of the crypto 0:53:36.640 --> 0:53:39.840 space wasn't so good. A lot lot of crypto is 0:53:39.880 --> 0:53:42.320 being used for dirty transactions on the Internet. I'm just 0:53:42.360 --> 0:53:45.480 going to leave it there. So some regulations are good. 0:53:45.600 --> 0:53:48.480 Why because there's a lot of crypto platforms out there 0:53:49.080 --> 0:53:53.080 that people made millions and billions of dollars and the 0:53:53.120 --> 0:53:56.080 government did not collect taxes. So I always like to 0:53:56.239 --> 0:53:58.719 look at things from both sides and never like I'm 0:53:58.800 --> 0:54:00.919 always on one side. Always like to look and see 0:54:01.239 --> 0:54:04.400 what is this size saying, So from a government's perspective, 0:54:04.840 --> 0:54:07.720 we don't have no problem with you guys trading your crypto, 0:54:07.960 --> 0:54:09.479 but we want to be able to get our piece. 0:54:09.560 --> 0:54:11.600 Uncle Sam needs to get his piece as well too. 0:54:12.239 --> 0:54:14.719 So some regulations are good because there's been a lot 0:54:14.719 --> 0:54:17.200 of people who have purchased crypto on some of these 0:54:17.239 --> 0:54:21.400 platforms and actually haven't seen any of their returns. So 0:54:21.440 --> 0:54:23.800 this is why I say be careful of buying crypto 0:54:23.840 --> 0:54:26.080 on certain sites that you have no business being on. 0:54:26.440 --> 0:54:28.680 You buy crypto on these certain sites, they lock you out. 0:54:29.000 --> 0:54:31.279 Next thing, you know, you made twenty thousand dollars. But 0:54:31.320 --> 0:54:33.520 did you make twenty thousand dollars No, because you didn't 0:54:33.560 --> 0:54:36.120 put on your ledger. You left it on there and 0:54:36.160 --> 0:54:38.560 then that site ended up getting shut down for not 0:54:38.640 --> 0:54:41.600 following regulations. And that site got shut down, so did 0:54:41.600 --> 0:54:44.360 your money go as well too. So there's the reason 0:54:44.360 --> 0:54:48.120 why platforms like coinbase was able to ipo in the 0:54:48.200 --> 0:54:51.480 US stock market because they follow systems. They followed the 0:54:51.520 --> 0:54:55.080 regulations by sept by the SEC. They send you your 0:54:55.080 --> 0:54:57.719 tax documents at the end of the year so you 0:54:57.760 --> 0:55:00.880 can account for what transactions you place how much crypto 0:55:00.920 --> 0:55:04.520 you bought so xyz. So some regulations are good in 0:55:04.520 --> 0:55:07.840 this space because we understand that there's a lot of 0:55:07.840 --> 0:55:10.440 people out here that do some bad things, and it's 0:55:10.480 --> 0:55:14.080 important to understand the influence of monetary policy. So paying 0:55:14.160 --> 0:55:16.880 attention to the decisions that are made here not only 0:55:16.920 --> 0:55:19.759 in the US, but also across the world and the 0:55:19.840 --> 0:55:23.520 Asian markets, in European markets will directly have an impact 0:55:23.840 --> 0:55:28.880 on the future of crypto. So why supply and demand 0:55:29.320 --> 0:55:33.279 and circulating supply matters, So like this is key, and 0:55:33.080 --> 0:55:37.239 I what he mentioned on coin marketcap dot com is 0:55:37.640 --> 0:55:39.839 honestly this is one of the best websites to use. 0:55:40.120 --> 0:55:43.840 So we're just gonna honestly start here at ethereum right now, 0:55:44.520 --> 0:55:48.600 leasm nott there in bitcoin we have eighteen million circulating supply, 0:55:49.000 --> 0:55:51.880 So that's how much supply is out there when we 0:55:51.960 --> 0:55:54.920 start speaking about bitcoin. So what I want people to 0:55:55.000 --> 0:55:57.960 kind of get in their heads and start to really 0:55:58.000 --> 0:56:02.000 look at is start looking at circulating supply. So the 0:56:02.040 --> 0:56:05.000 way we look at circulating supply in the crypto market 0:56:05.160 --> 0:56:08.480 is the same thing as outstanding shares in the stock market. 0:56:08.640 --> 0:56:11.239 So outstanding shares is how much shares are out there 0:56:11.280 --> 0:56:13.560 available to be purchased. When we start taking a look 0:56:13.560 --> 0:56:17.160 at circulating supply is the same exact thing. So when 0:56:17.200 --> 0:56:22.200 you have a lower circulating supply and demand creeps in rapidly, 0:56:22.760 --> 0:56:26.400 you see a huge increase in price. So there's a 0:56:26.440 --> 0:56:30.759 reason why Cardono could never be bigcoins price. Look at 0:56:30.800 --> 0:56:34.840 this circulating supply compared to bigcoin, to cardinal circulating supply, 0:56:35.280 --> 0:56:41.160 Cardno has a vast enormous amount bigger circulating supply than 0:56:41.200 --> 0:56:45.040 bigcoin does, so they have way more supply. You're talking 0:56:45.040 --> 0:56:47.759 about eighteen million, and we have to come all the 0:56:47.760 --> 0:56:50.000 way down here and compare it to thirty three billion. 0:56:50.280 --> 0:56:53.799 We can't compare that, So that is why we see 0:56:53.840 --> 0:56:55.920 bigcoin erners. 0:56:55.920 --> 0:56:56.279 What's up? 0:56:56.360 --> 0:56:58.839 You ever walk into a small business and everything just 0:56:59.000 --> 0:57:02.160 works like check out as fast the receipts, a digital 0:57:02.719 --> 0:57:05.680 tipping is a breeze and you're out the door before 0:57:05.680 --> 0:57:09.840 the line even builds. Odds are they're using Square. We 0:57:10.000 --> 0:57:12.560 love supporting businesses that run on Square because it just 0:57:12.600 --> 0:57:15.800 feels seamless. 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Under President Trump, attempted illegal border 0:59:14.080 --> 0:59:17.640 crossings are at the lowest levels ever recorded, and over 0:59:17.680 --> 0:59:20.920 one hundred thousand illegal aliens have been arrested. If you 0:59:21.000 --> 0:59:24.840 are here illegally, your next you will be fine nearly 0:59:24.920 --> 0:59:28.960 one thousand dollars a day, imprisoned and deported, you will 0:59:28.960 --> 0:59:32.600 never return. But if you register using our CBP home 0:59:32.680 --> 0:59:36.040 app and leave now, you could be allowed to return legally. 0:59:36.400 --> 0:59:41.160 Do what's right. Leave now. Under President Trump, America's laws 0:59:41.320 --> 0:59:43.760 border and families will be protected. 0:59:43.880 --> 0:59:46.320 Sponsored by the United States Department of Homeland Security. 0:59:46.080 --> 0:59:49.520 To have these volatile moves and they move up and down. 0:59:49.880 --> 0:59:54.080 So bigcoin is like the Amazon or the Tesla of 0:59:54.120 --> 0:59:57.760 the crypto space. The reason why Tesla Amazon moved the 0:59:57.800 --> 1:00:01.880 way they move Netflix is your Rokus, all of those companies, 1:00:01.920 --> 1:00:05.000 even your game stops. They move like that because they 1:00:05.000 --> 1:00:08.680 have a low amount of outstanding shares, whereas a cardono 1:00:08.880 --> 1:00:12.959 is really like an Apple. You see Apple has seventeen 1:00:13.680 --> 1:00:19.760 billion outstanding shares seventeen billion, where Tesla has nine hundred million. 1:00:20.360 --> 1:00:24.320 You can't compare that circulating supply. So that is why 1:00:24.400 --> 1:00:26.560 Tesla moved the way they move, and that's why Apple 1:00:26.600 --> 1:00:28.360 moves the way they move. They move a lot slower, 1:00:28.760 --> 1:00:32.000 and that's why we see bitcoin. Bitcoin has a way 1:00:32.040 --> 1:00:35.600 wider range and moves at a way rapid pace versus 1:00:35.640 --> 1:00:38.920 our cardono that moves a lot slower. So it's important 1:00:38.960 --> 1:00:42.800 to understand circulating supply, and it's important to pay attention 1:00:43.280 --> 1:00:46.320 when you're looking to invest in a cryptocurrency to say, hey, 1:00:46.560 --> 1:00:47.800 what's the circulating supply. 1:00:47.960 --> 1:00:49.600 That's one of the I want to cut you off 1:00:49.600 --> 1:00:50.000 from minute. 1:00:50.040 --> 1:00:53.000 That's one of the best things that would set you're 1:00:53.040 --> 1:00:56.080 doing an amazing job. But that's one of the biggest, 1:00:56.200 --> 1:01:00.200 biggest things that people don't fully understand circulation supply. That's 1:01:00.240 --> 1:01:02.760 what like even a coin like XRP, look how many 1:01:02.840 --> 1:01:05.160 coins it has out there. So when you look at 1:01:05.160 --> 1:01:07.920 the potential price point, when you look at moves, all 1:01:07.960 --> 1:01:10.920 of these things, that is something that is not talked 1:01:10.920 --> 1:01:11.600 about enough. 1:01:11.680 --> 1:01:13.600 So I'm glad you said that. 1:01:13.680 --> 1:01:16.600 If you don't get anything else from this presentation, that 1:01:16.800 --> 1:01:19.600 is a gem not just on the on the crypto side, 1:01:19.640 --> 1:01:21.479 but also on the stock market side as well. 1:01:22.720 --> 1:01:24.920 Yes, sir, yeah, So that's important for us to pay 1:01:24.920 --> 1:01:27.680 attention to. As I scroll down here, if I look 1:01:27.720 --> 1:01:30.880 at XRP, XRP has forty seven billion, but if I 1:01:30.880 --> 1:01:34.840 look at Solona, Slona has three hundred and one million. 1:01:35.200 --> 1:01:38.080 We take a look at Ethereum one hundred and eighteen million. 1:01:38.520 --> 1:01:41.400 So these have smaller circulating supplies. So this is why 1:01:41.440 --> 1:01:45.400 we see the price moves that they make. Also, we 1:01:45.480 --> 1:01:48.880 take a look and if I type in we start 1:01:48.880 --> 1:01:51.360 to look at Tron. We see crypto coins like that. 1:01:51.680 --> 1:01:54.160 You take a look at Maker or a lot of 1:01:54.200 --> 1:01:56.360 people were asking like, oh my gosh, why did Maker 1:01:56.400 --> 1:01:59.080 make the move that they did. Maker has a low 1:01:59.200 --> 1:02:02.320 circulating So it's important to understand that not just in 1:02:02.360 --> 1:02:04.800 the crypto space, but in the stock market space. So 1:02:04.840 --> 1:02:07.360 that's why it's really important for us to pay attention 1:02:07.480 --> 1:02:12.400 to supply and demand and why circulating supply matters. So 1:02:12.480 --> 1:02:16.360 how to benefit from playing quote unquote as coins I 1:02:16.360 --> 1:02:16.840 won't curse? 1:02:17.320 --> 1:02:18.160 So when we. 1:02:18.120 --> 1:02:21.560 Start to think like how can we benefit from this, 1:02:21.920 --> 1:02:25.160 what I tell people is you want to put money 1:02:25.200 --> 1:02:29.200 into these coins that you see pop up, like Ashiba 1:02:29.640 --> 1:02:32.640 that everyone's talking about. You want to put as little 1:02:32.680 --> 1:02:35.640 amount of money in those as possible. If you hit, 1:02:35.880 --> 1:02:38.120 you want to put a small amount because you don't 1:02:38.120 --> 1:02:40.760 want to be bet in the house. What happens is 1:02:40.760 --> 1:02:43.160 is that people come in and they say, oh, my gosh, 1:02:43.200 --> 1:02:45.520 I seen this on TV. I've seen this on YouTube. 1:02:45.560 --> 1:02:48.920 I've seen someone put this on Instagram. They made money 1:02:49.000 --> 1:02:52.280 from this. Boom. I feel like fomo fear of missing out. 1:02:52.520 --> 1:02:54.160 So then they feel like boom, like I got to 1:02:54.200 --> 1:02:56.600 hop in. And then you end up putting ten thousand 1:02:56.680 --> 1:02:58.960 in but you ain't even never invested in your life, 1:02:59.240 --> 1:03:01.600 but you putting ten thousand on sheep but you don't 1:03:01.640 --> 1:03:04.120 know nothing about investing, But you putting ten thousand in 1:03:04.200 --> 1:03:07.280 something you know nothing about because you're being greedy. So 1:03:07.320 --> 1:03:09.320 it might have worked out the first time, but then 1:03:09.360 --> 1:03:11.640 the next time you do it, it ends up what 1:03:11.760 --> 1:03:15.080 not working right. So it's important that I want people 1:03:15.080 --> 1:03:18.560 to understand to stay away from just putting money on 1:03:18.720 --> 1:03:21.840 any coin that you come about and find. In twenty 1:03:21.880 --> 1:03:24.120 sixteen and twenty seventeen, there was a lot of people 1:03:24.320 --> 1:03:28.320 who lost money big time, thousands of dollars lost life 1:03:28.320 --> 1:03:33.600 savings because of greed. Because what's what can happen is is, okay, 1:03:33.640 --> 1:03:36.560 sheep has checked out, all right, But there's people out 1:03:36.600 --> 1:03:39.160 there that come up with these coins and say, hmm, 1:03:39.240 --> 1:03:41.880 let's make a coin called rocket coin, and then it 1:03:41.960 --> 1:03:45.360 comes out and then they set up shop, they raise capital, 1:03:45.400 --> 1:03:47.680 make millions of dollars, then they shut the platform down, 1:03:47.800 --> 1:03:50.200 and they run off with your money. That has happened 1:03:50.240 --> 1:03:52.960 a lot of times in this space, and what I 1:03:53.040 --> 1:03:55.880 don't want to happen is new people coming in that 1:03:55.960 --> 1:03:58.680 don't really know a lot about anything come in and 1:03:58.760 --> 1:04:01.720 just start putting money on cours just because they found 1:04:01.720 --> 1:04:05.439 this website. Boom, oh this coin is, you know, twenty cents, 1:04:05.440 --> 1:04:07.560 so this coin is less than a penny, so I 1:04:07.560 --> 1:04:10.480 can get a million coins. So it's gonna go to 1:04:10.520 --> 1:04:13.640 a dollar, I'm gonna be a millionaire. I don't want 1:04:13.640 --> 1:04:16.120 people to make a habit of doing that if you 1:04:16.240 --> 1:04:19.080 benefited from a dodge coin. There's been people who are 1:04:19.120 --> 1:04:21.840 still bag holding on dodge coin because they thought, oh, 1:04:21.880 --> 1:04:23.840 Elon's getting on NS ANDL is gonna go to the moon. 1:04:23.880 --> 1:04:26.200 It's going to a dollar, it's going to one hundred dollars. 1:04:26.760 --> 1:04:29.680 So be weary of just listening to people on social 1:04:29.760 --> 1:04:32.960 media telling you what's going to happen. What you want 1:04:33.000 --> 1:04:36.160 to understand is when everyone's typically talking about a coin, 1:04:36.560 --> 1:04:40.200 or everyone's typically talking about an investment, it's typically time 1:04:40.280 --> 1:04:42.960 to sell. If it's all over social media, if it's 1:04:43.000 --> 1:04:46.080 all over the media, it's typically time to sell. You 1:04:46.120 --> 1:04:49.480 want to buy the hype and sell the news. So 1:04:49.520 --> 1:04:52.160 am I saying that a lot of these coins can't 1:04:52.200 --> 1:04:54.600 benefit you know they can because these coins could be 1:04:54.640 --> 1:04:57.480 equity builders. That's the way I look at it. You 1:04:57.520 --> 1:05:00.800 can make ten twenty fifty thousand off this type of coin, 1:05:01.280 --> 1:05:03.880 but then boom, take that money and put it into 1:05:03.920 --> 1:05:06.080 a long term investment on the stock market, put it 1:05:06.120 --> 1:05:09.680 into bigcoin and ethereum. Things that have been proven, things 1:05:09.680 --> 1:05:13.320 that we've seen over time growth. Take the risky plays 1:05:13.320 --> 1:05:15.920 that you've made money on and put it into something 1:05:15.960 --> 1:05:18.880 more stable and more consistent. Don't go back out. They're 1:05:18.920 --> 1:05:25.080 still trying to gamble. So using technical analysis to buy crypto. 1:05:25.240 --> 1:05:27.440 So I know a lot of people are always like 1:05:27.560 --> 1:05:31.360 you know, I struggle with technicals, struggle with reading charts. 1:05:31.480 --> 1:05:34.080 So I want to make this very simple. Just gonna 1:05:34.080 --> 1:05:36.480 take two minutes, and I want to make this very 1:05:36.520 --> 1:05:40.840 simple for people to be able to kind of understand, like, Okay, 1:05:40.960 --> 1:05:43.520 where should I be looking at Because there was a 1:05:43.560 --> 1:05:47.120 lot of things that was said, particularly about bigcoin during 1:05:47.120 --> 1:05:50.840 this time. We saw bitcoin back in the middle of 1:05:50.960 --> 1:05:55.920 May retrace back now all the way to about thirty thousand, 1:05:56.320 --> 1:05:58.720 And what I want to bring quickly break down is 1:05:58.760 --> 1:06:01.920 I'm looking at bigcoin to USD pair and I'm on 1:06:02.280 --> 1:06:06.440 a technical timeframe called the weekly and daily. I believe 1:06:06.440 --> 1:06:08.720 that everyone, if you're looking at the crypto space, you 1:06:08.720 --> 1:06:10.720 should be a long term investor. I'm not really into 1:06:10.760 --> 1:06:14.000 the traded I don't really like people to just trade 1:06:14.120 --> 1:06:16.800 frequently in the crypto space. I like people to be 1:06:16.800 --> 1:06:20.400 able to buy hole, make money, and invest. When we 1:06:20.440 --> 1:06:23.480 see the fifty to sixty percent downturns, because these fifty 1:06:23.480 --> 1:06:26.440 to sixty percent downturns are nothing new in the crypto space. 1:06:26.800 --> 1:06:29.640 The last time that bitcoin hit twenty thousand and twenty 1:06:29.720 --> 1:06:32.840 seven towards in the twenty seventeen it took a long 1:06:32.880 --> 1:06:35.080 time for bitcoin to get back to that price, But 1:06:35.120 --> 1:06:37.480 there was plenty of times where bitcoin dropped to four 1:06:37.520 --> 1:06:39.480 thousand and then it came back up to twelve thousand, 1:06:40.040 --> 1:06:42.920 So how can you capitalize off of that? And also 1:06:43.000 --> 1:06:45.920 how can you see things from a bigger timeframe? So 1:06:46.080 --> 1:06:51.080 taking a look at bitcoin to USD, one technical indicator 1:06:51.080 --> 1:06:54.160 that I would recommend for people to have is price. 1:06:54.320 --> 1:06:59.320 Price is your number one indicator. Mac the's RSIs all 1:06:59.360 --> 1:07:02.000 of these cator's lag price. So what do I mean 1:07:02.040 --> 1:07:05.919 by that? Without price? There is no Magde without price, 1:07:06.000 --> 1:07:09.160 there is no RSI without price, there is no bullet 1:07:09.360 --> 1:07:11.280 er Beard. So I'm gonna give a shout out to 1:07:11.280 --> 1:07:13.800 Ian Dunlap. There was a reason why he was speaking 1:07:13.840 --> 1:07:16.480 about that twenty eighty four hundred and forty four price. 1:07:17.520 --> 1:07:21.360 That was a major support level for bitcoin. So Ian 1:07:21.480 --> 1:07:23.800 just didn't pull that number out of nowhere. He pulled 1:07:23.840 --> 1:07:26.720 it from where he's seen. What he's seen a technical 1:07:26.840 --> 1:07:29.680 level that was going to be hard to break underneath. 1:07:30.280 --> 1:07:34.560 As we saw back here January fourth, this year, January eleventh, 1:07:34.680 --> 1:07:39.360 January eighteenth, January twenty fifth, every candle on the weekly 1:07:39.400 --> 1:07:41.880 timeframe accounts four week, so all these were weeks. So 1:07:41.920 --> 1:07:45.560 as we saw early on in the run of this 1:07:46.000 --> 1:07:48.959 last run of crypto, we saw crypto kept pulling back 1:07:49.000 --> 1:07:51.320 to that level that he was speaking on, that twenty 1:07:51.360 --> 1:07:55.640 eight thousand, four hundred level. So that was now we 1:07:55.720 --> 1:07:58.919 have bigcoin that hit sixty five thousand the top here 1:07:59.280 --> 1:08:01.800 and then it pulled back and to climb a little 1:08:01.840 --> 1:08:03.040 over fifty percent. 1:08:03.880 --> 1:08:06.880 Red red pain are gonna be mad at you too much? 1:08:08.120 --> 1:08:08.600 Too much? 1:08:09.120 --> 1:08:11.280 Give it away? It is is. 1:08:11.600 --> 1:08:14.640 Wait wait you know, oh we got lef on the 1:08:14.680 --> 1:08:15.480 lunch shut. 1:08:15.320 --> 1:08:18.000 Out, shout out to market, mondays shot. 1:08:21.160 --> 1:08:25.240 By bad I'm bad Ian, Yeah, but uh no for real. Now, 1:08:25.720 --> 1:08:28.880 So when we see price revert back to these levels 1:08:28.960 --> 1:08:33.080 multiple times, so we had about five six seven instances 1:08:33.080 --> 1:08:35.240 of price reverting back to this level and it does 1:08:35.280 --> 1:08:38.880 not break. We categorize that as a major support level. 1:08:39.240 --> 1:08:41.400 So for those that are new to looking at this chart, 1:08:41.439 --> 1:08:44.320 it's saying, yo, what is he even talking about? Trading 1:08:44.400 --> 1:08:47.760 view is the website that I'm using. Pull up BTC 1:08:47.960 --> 1:08:51.960 to USD, pull up the weekly timeframe, and start looking 1:08:51.960 --> 1:08:55.360 at major support and major resistance levels. So what we 1:08:55.439 --> 1:08:58.639 saw was we saw a break underneath a major support level. 1:08:59.280 --> 1:09:02.599 It reverted back to this major and it was sitting 1:09:02.600 --> 1:09:05.599 here for about two months. And so what you want 1:09:05.640 --> 1:09:07.839 to understand is that you want to be paying attention 1:09:07.920 --> 1:09:13.559 to technicals when you're looking at investing in the crypto space. 1:09:13.600 --> 1:09:15.479 You just don't want to be buying. Oh it's at 1:09:15.560 --> 1:09:18.040 sixty thousand, and I don't want to miss out, so 1:09:18.120 --> 1:09:20.320 let me just go buy. No, you want to find 1:09:20.680 --> 1:09:23.280 a good entry. Is it going to be the best entry? 1:09:23.320 --> 1:09:25.360 Is it not going to go lower? It could, but 1:09:25.520 --> 1:09:28.080 you put yourself at a better advantage when you're able 1:09:28.120 --> 1:09:31.680 to use technicals to define, hey, where I'm looking to 1:09:32.080 --> 1:09:35.600 enter at this specific price. So we had a combination 1:09:35.720 --> 1:09:39.519 of a major bounce here towards that end of July, 1:09:39.680 --> 1:09:42.800 and we saw coins like Solona, We saw a lot 1:09:42.800 --> 1:09:46.559 of cryptos turn back up, Ethereum Bitcoin, But it was 1:09:46.600 --> 1:09:50.679 a technical reason why. Now Here is where I took 1:09:50.720 --> 1:09:52.960 where I was telling people like yo, don't worry about 1:09:52.960 --> 1:09:55.519 the China stuff. You know, everyone was saying, oh my god, 1:09:56.520 --> 1:09:59.160 China's banning Crypto. A lot of that is smoke, guys 1:09:59.720 --> 1:10:02.439 with what's not being told to you on this media 1:10:02.600 --> 1:10:06.400 is those people that's sitting on CNBC. They missed a 1:10:06.400 --> 1:10:07.960 lot of this stuff. I'm gonna tell you a lot 1:10:07.960 --> 1:10:09.639 of those people on CNBC, and a lot of those 1:10:10.200 --> 1:10:13.720 people are lazy. They don't do the hard work. They 1:10:13.720 --> 1:10:15.880 have people who do it for them, and a lot 1:10:15.920 --> 1:10:19.200 of times their people miss stuff because lazy habits were off. 1:10:19.400 --> 1:10:22.280 And so what happens is what's the easiest way for me, 1:10:22.640 --> 1:10:26.040 me to be able to buy something fifty percent cheaper. Well, 1:10:26.520 --> 1:10:28.559 we got to start thinking who runs the media. These 1:10:28.600 --> 1:10:31.880 wealthy people, wealthy billionaires, people you ain't never gonna see, 1:10:32.760 --> 1:10:36.200 You ain't never gonna see their face. They run this country, 1:10:36.240 --> 1:10:39.200 they run these markets, and so it's important for us 1:10:39.200 --> 1:10:42.479 to understand. It's easy if they miss something to say, 1:10:42.960 --> 1:10:44.880 go out here and put this narrative out here for 1:10:44.920 --> 1:10:48.240 a month or two, guess what was happening all here. 1:10:48.320 --> 1:10:51.720 That's why every time it hit these that level, it 1:10:51.800 --> 1:10:56.760 kept bouncing because guess what institutions were buying? Billionaires were 1:10:56.800 --> 1:10:59.720 buying people were buying there, and so it's important to 1:10:59.800 --> 1:11:02.960 under stand a psychological aspect of investing in the crypto 1:11:03.000 --> 1:11:05.599 space and investing in general. It's a lot easier if 1:11:05.640 --> 1:11:07.679 I miss something. If I know I have the power 1:11:07.720 --> 1:11:11.120 to go on SEEINGBC and say, well cryptos you know 1:11:11.280 --> 1:11:14.240 going to zero or I embarrassed on crypto right now 1:11:14.280 --> 1:11:17.040 and it falls, it's an easy opportunity now if it 1:11:17.120 --> 1:11:19.280 falls fifty percent, because what I'm going to tell you 1:11:19.439 --> 1:11:21.400 is ninety percent of people in the world don't do 1:11:21.479 --> 1:11:23.920 the hard work. Only ten percent of people is actually 1:11:23.960 --> 1:11:25.800 going to go do the reading, do the homework, do 1:11:25.920 --> 1:11:28.719 the technicals, do all the hard stuff. So ninety percent 1:11:28.720 --> 1:11:30.800 of people sat and said, oh, CNBC said this, so 1:11:30.920 --> 1:11:33.920 sel and that's what happened. But guess what the ten 1:11:33.960 --> 1:11:38.440 percent come in and swoop that up. They take that opportunity. 1:11:38.520 --> 1:11:40.719 And so that's my point there with the technical piece, 1:11:47.640 --> 1:11:50.880 And why is the crypto market so volatile? This is 1:11:50.880 --> 1:11:52.800 one of the questions I always get. The crypto market 1:11:52.880 --> 1:11:56.160 is very volatile because a lot of times there's a 1:11:56.160 --> 1:11:58.840 lot of wea cans, there's a lot of people looking 1:11:58.840 --> 1:12:01.280 to get rich quick. When it comes to the crypto space, 1:12:01.640 --> 1:12:03.719 there's not a lot of strong hands in the crypto space. 1:12:04.040 --> 1:12:05.720 There's a lot of people look in at boom, how 1:12:05.720 --> 1:12:08.280 can I make this money today? And there's a lot 1:12:08.320 --> 1:12:11.640 of whales. So what is a whale. A whale is 1:12:11.640 --> 1:12:15.160 someone who holds a large amount and vast majority amount 1:12:15.160 --> 1:12:18.599 of crypto. So when the whales move, if there's someone 1:12:18.640 --> 1:12:21.519 who might own two to five percent of one coin, 1:12:21.800 --> 1:12:24.840 if they make a move, well guess what that's gonna 1:12:24.920 --> 1:12:27.400 drop that price. And so a lot of times when 1:12:27.439 --> 1:12:30.880 the whales make their moves, that creates a lot of volatility. 1:12:31.400 --> 1:12:34.320 One of the things that you'll see on Sundays typically 1:12:34.400 --> 1:12:36.200 Sundays a lot of times where you see a lot 1:12:36.200 --> 1:12:38.559 of the volatility. A lot of the red days typically 1:12:38.560 --> 1:12:42.240 happen on those Saturday nights and Sundays throughout the day. 1:12:43.040 --> 1:12:45.559 That's a lot of times where you'll see a lot 1:12:45.600 --> 1:12:47.720 more volatility in the crypto market. But this is a 1:12:47.760 --> 1:12:51.040 market that moves twenty four to seven guys. It never stops. 1:12:51.439 --> 1:12:53.920 And so it's important to understand that the cryptocurrency market 1:12:53.920 --> 1:12:57.120 is very volatile. I always tell people, if you don't 1:12:57.160 --> 1:12:59.680 really have a high risk tolerance, this is probably not 1:12:59.680 --> 1:13:02.320 the place and it's not to be discriminatory, but it's 1:13:02.360 --> 1:13:05.120 just to be honest and transparent. It's like, if you're 1:13:05.160 --> 1:13:09.000 not comfortable with the volatility, then you should be very 1:13:09.040 --> 1:13:12.040 careful investing in the crypto space, so you should have 1:13:12.080 --> 1:13:16.240 a high risk tolance in my opinion. Twenty seventeen Crypto lesson, 1:13:16.439 --> 1:13:20.360 It's to be quick. Twenty seventeen Crypto lesson taught me 1:13:20.600 --> 1:13:23.160 what I just explained to you about the analysts, about 1:13:23.200 --> 1:13:25.840 people talking on CNBC all of that. There was a 1:13:25.880 --> 1:13:28.639 lot of people that said crypto is going to zero, 1:13:28.880 --> 1:13:31.960 and those same people are the people now that's all 1:13:32.000 --> 1:13:34.920 bullish on cryptos. So guess what they were saying that 1:13:35.000 --> 1:13:37.600 because they didn't have a position in yet. So be 1:13:37.760 --> 1:13:40.160 mindful of these people that we think are trying to 1:13:40.160 --> 1:13:42.599 look out for us by telling you the truth, typically 1:13:42.640 --> 1:13:45.000 go the other way. If they're telling you they ain't 1:13:45.040 --> 1:13:49.000 buying or they're bearished, they're partypically doing that. If everyone's 1:13:49.040 --> 1:13:52.040 becoming bullish on crypto, that's where you should be weary. 1:13:52.479 --> 1:13:54.920 That's when you should and that's what happened in April. 1:13:55.320 --> 1:13:58.639 Everyone was bullished. We've seen Ethereum go to four thousand, 1:13:58.680 --> 1:14:01.200 we've seen bitcoin, go care about it. We've seen coins 1:14:01.240 --> 1:14:03.479 doing crazy stuff if they're in Classic went from like 1:14:03.520 --> 1:14:05.679 twenty bucks to one to eighty. We're seeing all kinds 1:14:05.680 --> 1:14:08.599 of crazy stuff. That's typically where you want to sell. 1:14:09.120 --> 1:14:10.720 That's typically where it's like, all right, I want to 1:14:10.760 --> 1:14:13.720 sell take some profits. You want to understand is that 1:14:14.280 --> 1:14:17.280 this is a this is a very dirty game. This 1:14:17.360 --> 1:14:19.439 is and this is the hardcore truth. This is a 1:14:19.560 --> 1:14:22.920 very dirty game. And in twenty seventeen I learned a lot. 1:14:23.200 --> 1:14:26.200 I invested in crypto before I even invested in stocks, 1:14:26.560 --> 1:14:28.559 and a lot of the crypto transactions and the players 1:14:28.600 --> 1:14:30.360 that I made put me in a position to be 1:14:30.400 --> 1:14:34.320 able to invest in stocks. But I look at the 1:14:34.400 --> 1:14:37.960 crypto space to be able to build your equity. If 1:14:38.000 --> 1:14:40.479 you are investing in those smaller coins to build your 1:14:40.560 --> 1:14:42.519 equity off of them, you don't want to be putting 1:14:42.520 --> 1:14:46.000 house money on them. So my twenty seventeen crypto lesson is, 1:14:46.360 --> 1:14:49.040 do not be afraid to take profit, and do not 1:14:49.280 --> 1:14:53.160 follow the masses. It is really key. Do not follow 1:14:53.200 --> 1:14:56.360 the masses. If everyone's telling you to buy this, buy that, 1:14:56.560 --> 1:14:59.280 go the other way. If your barber is telling you, hey, 1:14:59.280 --> 1:15:01.439 did you buy this? I'm buying that, but they ain't 1:15:01.520 --> 1:15:04.719 never had a conversation with you about investing a crypto before. 1:15:04.960 --> 1:15:06.920 Do you think that's something you should be doing. No, 1:15:07.320 --> 1:15:09.000 So you want to be wary of that. You want 1:15:09.000 --> 1:15:11.960 to be careful of that. That's really important. And the 1:15:12.000 --> 1:15:14.960 twenty seventeen lesson taught me is like, pay attention to, Yes, 1:15:15.040 --> 1:15:17.519 what's being said on the news, but also understand that's 1:15:17.560 --> 1:15:19.639 a lot of smoke. And that's not just the crypto market, 1:15:19.680 --> 1:15:22.799 that's the stock market and you know markets just in general. 1:15:23.200 --> 1:15:26.160 My top coins for people to watch in twenty twenty 1:15:26.160 --> 1:15:29.880 two one is chain Link. Chain Link is in ethereum 1:15:29.920 --> 1:15:33.240 based token. I would say for people to go research 1:15:33.360 --> 1:15:35.599 chain Link. You can find it in a ticket l 1:15:35.600 --> 1:15:39.080 I MK. That's one of the things that I would 1:15:39.080 --> 1:15:41.639 tell people to pay attention to and watch in twenty 1:15:41.680 --> 1:15:45.800 twenty two. Chain Link is one of those. Also, I 1:15:45.840 --> 1:15:49.800 would tell people as well to continue to watch XLMS 1:15:49.840 --> 1:15:53.479 Stellar Lumens. I would tell people to continue to monitor 1:15:53.600 --> 1:15:56.240 Stellar lumins. And those are just the two coins that 1:15:56.280 --> 1:15:59.400 I typically wanted to recommend for people to just take 1:15:59.400 --> 1:16:02.120 a look at some research on. And the last thing 1:16:02.240 --> 1:16:05.280 is Yo stay in the top ten to twenty crypto coins. 1:16:05.280 --> 1:16:08.840 Please don't start deviating into things that you don't know 1:16:08.920 --> 1:16:14.439 nothing about. Please pay attention. Ultimately, you got to understand 1:16:14.479 --> 1:16:17.240 that this space, like I said, is very volatile. You 1:16:17.280 --> 1:16:19.680 don't just want to be buying things because you feel like, 1:16:19.720 --> 1:16:21.840 oh my gosh, this is cheap and I can get 1:16:21.880 --> 1:16:23.840 a million coins of this coin. You want to stay 1:16:23.840 --> 1:16:28.479 away from that type of mindset. Focus on consistency, Focus 1:16:28.520 --> 1:16:31.040 on yo, I want to do this for twenty thirty years. 1:16:31.120 --> 1:16:32.960 I want to leave my kids big coin. I want 1:16:32.960 --> 1:16:36.640 to leave my grandkids great grandkids. I want want them 1:16:36.680 --> 1:16:39.320 to say, yo, I was you know, I was out 1:16:39.360 --> 1:16:41.680 there working. So have that mindset when you're investing in 1:16:41.720 --> 1:16:45.000 crypto space. Don't have the mindset of I'm gonna put 1:16:45.160 --> 1:16:48.120 I'm gonna leverage my mortgage, I'm gonna pull out all 1:16:48.160 --> 1:16:50.800 my savings, I'm gonna pull it all on Sheba. Like please, 1:16:50.840 --> 1:16:52.960 don't have that attitude because all it takes is one 1:16:53.000 --> 1:16:55.360 bad term for Sheba. And if you didn't learn it 1:16:55.400 --> 1:16:58.439 on dodge coin and it happens on Sheba, you should 1:16:58.439 --> 1:17:00.679 have learned your lesson the first time. She was going 1:17:00.720 --> 1:17:03.400 crazy right now? Yes, but it ain't gonna go crazy forever. 1:17:03.880 --> 1:17:06.040 And so that's all I wanted to say. I love 1:17:06.120 --> 1:17:09.599 e y L. I appreciate e Yl for always having me. 1:17:10.040 --> 1:17:13.960 You guys are honestly, this audience in this crowd is monstrous, 1:17:15.080 --> 1:17:18.000 and yo, like I love it. So Troy Rashad, thanks 1:17:18.000 --> 1:17:18.639 for having me. 1:17:18.680 --> 1:17:20.679 My dog, he said that. That's all I got to say. 1:17:21.840 --> 1:17:25.320 Standing ovation, man, Yo, round of applause for these two gentlemen. 1:17:25.360 --> 1:17:27.720 Please stand in ovation. Never been done this real by 1:17:27.760 --> 1:17:31.120 anybody ever on on on on this scale. That ever, 1:17:31.520 --> 1:17:34.800 well that's a fact. But Yo, this this is this 1:17:34.880 --> 1:17:38.599 is a like I said, we have a masterclass and man, 1:17:38.680 --> 1:17:42.240 this level of information. How much would would institutions and 1:17:42.280 --> 1:17:44.400 people pay pay for this? How many people? How much 1:17:44.439 --> 1:17:47.160 would they charge for this? Like this is ivy League 1:17:47.760 --> 1:17:52.720 level education for free. By the way, mind you, mind you, 1:17:53.880 --> 1:17:54.920 it costs you nothing. 1:17:55.680 --> 1:18:00.160 And I mean the two gentlemen obviously a brilliant and 1:18:00.200 --> 1:18:01.960 we said, like, yo, just scale down the piece and 1:18:02.000 --> 1:18:04.040 today had to pull back some of the information. So 1:18:04.120 --> 1:18:05.680 that just tells you the wealth of nowe that these 1:18:05.680 --> 1:18:08.840 two guys have incredible. It looks like when Shack and 1:18:08.920 --> 1:18:10.040 Coley did forty and forty. 1:18:11.920 --> 1:18:13.559 We're gonna go to Q and A. But before we 1:18:13.600 --> 1:18:14.920 go into Q and A, we just want to make 1:18:14.920 --> 1:18:18.040 an announcement alive. So if you just joined us, you 1:18:18.160 --> 1:18:21.120 know that Alistair first gentleman. He's the president of our 1:18:21.120 --> 1:18:25.120 Crypto club for ey University and Lawrence. He's twenty two 1:18:25.160 --> 1:18:28.599 years old by the way, wiz Kid, we just signed him, 1:18:28.800 --> 1:18:31.240 and he's a tenured professor. He's going to be teaching 1:18:31.240 --> 1:18:34.519 a class for Eyle University every single month, and he 1:18:34.640 --> 1:18:35.880 does not only he's. 1:18:35.720 --> 1:18:37.600 Doing crypto today, but he usually does stop that's what 1:18:37.600 --> 1:18:38.200 we're usually talking. 1:18:38.320 --> 1:18:41.400 Yeah, so he does he does stocks and crypto, but 1:18:41.439 --> 1:18:44.360 he usually does stocks. So he's tenured and he teaches 1:18:44.360 --> 1:18:45.920 a class. He's going to teach a class for Eyo 1:18:46.000 --> 1:18:48.760 University every every single month. Like I said, I mean, 1:18:48.760 --> 1:18:51.439 you got to look at higher education, and there's no 1:18:51.520 --> 1:18:54.720 higher education at Eyo University. So when you're looking at 1:18:54.720 --> 1:18:58.120 Harvard for eighty thousand dollars a year, NYU for sixty 1:18:58.200 --> 1:19:02.719 thousand dollars a year, you name it, Yale for seventy 1:19:02.800 --> 1:19:06.679 two thousand dollars a year, Northwestern for sixty five thousand 1:19:06.720 --> 1:19:10.760 dollars a year. EYL University seven hundred dollars a year, 1:19:10.920 --> 1:19:12.639 never going to be that price of again. The price 1:19:12.720 --> 1:19:14.680 is going up in two days, never going to be 1:19:14.720 --> 1:19:18.679 this price ever again, never again, where nowhere in the world, 1:19:18.880 --> 1:19:24.160 nowhere in the world, never never ever again. So yeah, 1:19:23.800 --> 1:19:26.639 it's nothing to sell. You've seen, you've seen, You've seen 1:19:26.640 --> 1:19:28.080 our work, and like I said, this is something that 1:19:28.120 --> 1:19:31.280 we do every single week. We have clubs inside of 1:19:31.280 --> 1:19:35.280 ey University. I do a financial planning call, Troy does 1:19:35.320 --> 1:19:37.759 the book club, movie club, we have a Facebook group, 1:19:38.200 --> 1:19:41.160 Matt does real estate. I mean, we've poured so much 1:19:41.479 --> 1:19:44.920 and we have two full time employees, we have tenured professors, 1:19:45.840 --> 1:19:49.920 and we're planning group activities this year. So yeah, I 1:19:49.920 --> 1:19:52.559 mean ey University. When we say it's the biggest ever, 1:19:52.880 --> 1:19:55.360 we're not just throwing that out there. It's actually we 1:19:55.400 --> 1:19:57.200 actually put a lot of time into this, and we 1:19:57.360 --> 1:20:01.439 formatted it and we have the correc people that's actually teaching, 1:20:02.000 --> 1:20:05.000 and we've actually it's not as easy as it looks 1:20:05.040 --> 1:20:06.519 to put together something like this, So. 1:20:06.560 --> 1:20:08.320 I'm glad you said that. So I just want to 1:20:08.320 --> 1:20:10.479 shout out to some of the people behind the scenes. 1:20:10.479 --> 1:20:13.560 Shout out to Janet. She is the e y L 1:20:14.080 --> 1:20:17.120 Ambassador President. She runs everything and shout out to our 1:20:17.200 --> 1:20:20.040 new hire Madgie that we met today inside of the Chester, 1:20:20.120 --> 1:20:22.320 Shout to Magi, Shout to all the women that help 1:20:22.560 --> 1:20:23.080 and make. 1:20:22.960 --> 1:20:24.760 Sure that e y L University is what it is. 1:20:24.800 --> 1:20:26.519 And shout to all the club leaders. I wasn't able 1:20:26.520 --> 1:20:28.639 to make that call with another call, but talk about women, 1:20:28.720 --> 1:20:32.679 shout women leader, all the club leaders. So take advantage 1:20:32.720 --> 1:20:34.559 of it, man, Like I said, you know, if you don't, 1:20:34.640 --> 1:20:37.160 if you don't invest in your education, what are you 1:20:37.200 --> 1:20:40.360 investing in? So go to EYO University dot com right now, 1:20:40.479 --> 1:20:44.080 sign up. The link is Penneding YouTube. There's nobody has 1:20:44.120 --> 1:20:46.639 ever offered this much value for this price point. Never, 1:20:46.720 --> 1:20:49.639 It's never been done ever in history, never, nobody ever. 1:20:50.800 --> 1:20:52.880 So let's get into some questions. This is another part 1:20:52.880 --> 1:20:56.680 of the ey University experience where it's different from the podcast, 1:20:56.760 --> 1:21:00.760 where people actually get to ask questions and and it's 1:21:00.800 --> 1:21:02.080 an interactive experience. 1:21:02.520 --> 1:21:05.559 So yes, let's get if we can. 1:21:06.400 --> 1:21:08.800 Aaron, we're coming to you. I mute yourself. You've been muted. 1:21:08.840 --> 1:21:09.400 What's going on? 1:21:11.320 --> 1:21:15.080 Fellas doing very well? 1:21:15.120 --> 1:21:15.559 First off? 1:21:15.640 --> 1:21:16.600 I want to say. 1:21:17.840 --> 1:21:21.040 Y'all both killed it tonight and Lawrence respectfully, you put 1:21:21.120 --> 1:21:28.880 up a hot well, Chamberlain, My goodness, My goodness. So 1:21:29.040 --> 1:21:34.439 I had a question about staking. I don't know which 1:21:34.479 --> 1:21:39.160 of you would like to answer, but I have bt C, 1:21:39.720 --> 1:21:44.920 E E T, h ady A and link. I'm staking 1:21:44.960 --> 1:21:46.599 eighty a with red Panda shout out. 1:21:47.520 --> 1:21:49.640 But I was looking to see. 1:21:49.720 --> 1:21:51.719 I want to steak as much as possible because I'm 1:21:51.760 --> 1:21:53.360 in them all long term, so it's not like I'm 1:21:53.360 --> 1:21:56.800 going to be accessing them anytime soon. Is this something 1:21:56.840 --> 1:21:59.920 where I'm having to get different wallets or use different 1:22:00.040 --> 1:22:02.600 platforms to steak each or is there a way that 1:22:02.640 --> 1:22:05.879 I'm able to consolidate, make it a little bit easier 1:22:07.960 --> 1:22:10.160 and use one platform if that makes sense. 1:22:14.080 --> 1:22:15.559 Sure I can. I can start up. 1:22:18.520 --> 1:22:21.639 So right now you're stacking Ada with red Panda, and 1:22:22.160 --> 1:22:24.439 you're probably doing that for either the your roy wallet 1:22:24.520 --> 1:22:28.840 or the data list wallet. But there are some Yeah, 1:22:28.840 --> 1:22:33.519 there are some platforms that allow you to steak on them, so, 1:22:33.640 --> 1:22:36.120 like I know, Finance is one of them. That's if 1:22:36.120 --> 1:22:38.720 you want to go decentralized route. But if you do 1:22:38.840 --> 1:22:45.520 it the decentralized route, there are not many different platforms 1:22:45.520 --> 1:22:48.160 that allow you to steak the same token. So for example, 1:22:48.200 --> 1:22:51.719 you can't steak eth with the euroy wallet. Now, one 1:22:52.280 --> 1:22:54.360 option if you do have ethan you want to steak 1:22:54.400 --> 1:22:57.439 it is litle that's spelled l I d oh lito. 1:22:58.160 --> 1:23:00.720 So that's one that I use when for staking eth. 1:23:01.479 --> 1:23:05.639 Uh BTC bitcoin is not a proof of steak coin, 1:23:05.800 --> 1:23:09.160 so you can't stake it. But another option if you 1:23:09.200 --> 1:23:11.600 want to do this is you can actually use a 1:23:11.760 --> 1:23:14.920 platform like block five and they will give you interest 1:23:14.960 --> 1:23:19.400 on your bitcoin. And for link link there is no 1:23:19.520 --> 1:23:24.960 staking on link at the moment. So that's uh, just 1:23:24.960 --> 1:23:26.120 a little bit of information for you. 1:23:28.240 --> 1:23:28.400 There. 1:23:28.439 --> 1:23:29.719 You have it perfect. 1:23:29.720 --> 1:23:30.360 Thank you so much. 1:23:30.360 --> 1:23:32.559 I appreciate it. Thank I appreciate you. 1:23:32.600 --> 1:23:34.840 Thank you, brother, appreciate you. 1:23:34.960 --> 1:23:36.800 Proof of steak, proof of steak. You think it is 1:23:36.800 --> 1:23:37.800 about to go to proof of steak. 1:23:37.840 --> 1:23:40.040 Shout out to the good folks at by the Hood. 1:23:40.160 --> 1:23:42.479 Those are my guys in Philly. 1:23:44.040 --> 1:23:44.920 Shout out to them. 1:23:45.280 --> 1:23:47.639 Leon, were coming to you. I mute yourself. You've been unmuted. 1:23:47.680 --> 1:23:48.240 What's going on? 1:23:48.360 --> 1:23:50.800 Shout to Daryl on a super chat. What's going on? Brother? 1:23:52.120 --> 1:23:52.760 Everything good? 1:23:53.439 --> 1:23:57.040 So what's you buoy coins? Say? 1:23:57.040 --> 1:24:03.360 Whether it be bitcoin theory, car Donald, whatever, what do 1:24:03.439 --> 1:24:06.519 y'all say, is the next steps or the next level that. 1:24:06.520 --> 1:24:07.080 You should go to? 1:24:08.840 --> 1:24:10.760 You said after you purchased coin. 1:24:11.040 --> 1:24:16.360 Yeah, yeah, I mean I would say security, I'll like Lawrence. 1:24:16.840 --> 1:24:23.840 Besides security, yeah, I would say, depending what the brother 1:24:24.000 --> 1:24:26.120 just asked before, it is key if you do have 1:24:26.200 --> 1:24:29.840 opportunity to steak, you can depending on what platform, if 1:24:29.840 --> 1:24:32.040 there is ability for you to stake. I would say 1:24:32.080 --> 1:24:35.680 that the answer I was going to give would be 1:24:35.720 --> 1:24:39.880 the security security piece, okay, And then also having a 1:24:39.960 --> 1:24:42.920 structured plan, which is something that I didn't get a 1:24:42.960 --> 1:24:46.000 chance to touch on, but having an exit point, because 1:24:46.000 --> 1:24:48.080 I think one of the biggest things that people don't 1:24:48.080 --> 1:24:50.840 have is having an exit point. So people are like, Okay, 1:24:50.880 --> 1:24:53.439 it's going to the moon, but you haven't taken any profit. 1:24:53.880 --> 1:24:56.439 So scaling in and scaling out of the position for 1:24:56.520 --> 1:24:58.960 me would be really key. To tell people. It's like 1:24:59.000 --> 1:25:02.080 having a target price, like it might whatever that price 1:25:02.120 --> 1:25:04.120 is in your head's gonna be different person to person. 1:25:04.600 --> 1:25:06.800 But being willing to take profit, I would say, is 1:25:06.840 --> 1:25:10.280 that that next piece and having a plan in place 1:25:10.320 --> 1:25:11.960 to say, all right, this is where I'm looking to 1:25:12.000 --> 1:25:13.599 take a little bit off the table. This is where 1:25:13.760 --> 1:25:16.639 if it goes down, it might add because what happens 1:25:16.720 --> 1:25:18.479 is so many times people are like, Okay, well I'll 1:25:18.479 --> 1:25:20.479 put the money in, I'm just gonna wait for it 1:25:20.560 --> 1:25:22.800 to appreciate, and then you get one hundred percent or 1:25:22.800 --> 1:25:25.559 two hundred percent return. But then you have an exited 1:25:25.960 --> 1:25:29.120 So I would say having a proper exit and an 1:25:29.360 --> 1:25:31.439 entry pattern as well too if it does go to 1:25:31.520 --> 1:25:34.000 the downside, where you might start dollar cost averaging. So 1:25:34.080 --> 1:25:34.920 that's what I would say. 1:25:35.280 --> 1:25:38.360 Now, how does that play into texts as far as 1:25:38.400 --> 1:25:42.920 taking profit? As far as them you know the uh, 1:25:43.800 --> 1:25:47.120 I guess I rs? Yeah, irs? How does that play 1:25:47.160 --> 1:25:48.800 in today? That's why it's taking profit? 1:25:49.920 --> 1:25:53.599 Yeah, So there's honestly it's a different person to person. 1:25:53.680 --> 1:25:55.200 Of course, is going to depend on if it's a 1:25:55.240 --> 1:25:58.920 short term more long term capital gains tax and that's 1:25:59.000 --> 1:26:00.760 something that people need to be weary of when they 1:26:00.840 --> 1:26:04.679 are trading out of these cryptos short term, and even 1:26:04.760 --> 1:26:08.280 if you are transitioning from one crypto to another, that 1:26:08.520 --> 1:26:11.400 is a taxable event. So when you're on coinbase and 1:26:11.479 --> 1:26:15.559 you transfer from ethereum to bitcoin, that is a taxable event. 1:26:15.840 --> 1:26:18.400 So you want to understand that as well too. And 1:26:18.479 --> 1:26:20.080 I think that's one of the things that kind of 1:26:20.160 --> 1:26:23.040 gets people a little bit confused on the tax side. 1:26:23.720 --> 1:26:25.840 I would tell I always tell people I'm not a 1:26:25.920 --> 1:26:28.760 tax professional, to go talk to your financial advisor and 1:26:28.800 --> 1:26:31.160 your tax professional because they're going to give you more 1:26:31.200 --> 1:26:34.800 information based upon your personal case. But I always tell 1:26:34.840 --> 1:26:38.320 people to be mindful of that and please be sure 1:26:38.360 --> 1:26:40.439 to put money aside when you do make money to 1:26:40.479 --> 1:26:41.280 pay your taxes. 1:26:41.520 --> 1:26:44.880 Yeah, that was my next question, since you put money 1:26:44.920 --> 1:26:46.519 inside taxes. 1:26:46.840 --> 1:26:49.840 Yeah, put money aside and pay your taxes. So that's 1:26:50.080 --> 1:26:52.439 the first thing that you do with any investment, putting 1:26:52.439 --> 1:26:55.880 money inside to pay your taxes. So that's going to 1:26:55.920 --> 1:26:58.679 be key. Having a separate account for that savings account, 1:26:58.720 --> 1:27:00.880 whatever you want to have for that. Pull that money 1:27:00.960 --> 1:27:03.600 out and make sure that you have that aside to 1:27:03.640 --> 1:27:05.240 pay your taxes at the end of the year, because 1:27:05.240 --> 1:27:06.320 the irs will want that. 1:27:07.920 --> 1:27:11.559 Leon appreciate you, bro, that's it all right, they gonna 1:27:11.560 --> 1:27:13.559 want their money range sleep and snow. 1:27:13.439 --> 1:27:15.439 The fact man, that goes for crypto and that goes 1:27:15.760 --> 1:27:18.080 for the stock market as well. Man, make sure it's 1:27:18.160 --> 1:27:20.400 cool to have gains, but make sure that if you 1:27:20.479 --> 1:27:23.639 are taking profit, that you are aware that there will 1:27:23.720 --> 1:27:27.160 be a penalty called tax right, So it's either going 1:27:27.240 --> 1:27:28.920 to be short term, it's going to be long term. 1:27:28.920 --> 1:27:30.639 The year in the day. We always tell people long term. 1:27:30.880 --> 1:27:32.519 If you're going to hold an asset, make sure it's 1:27:32.520 --> 1:27:34.680 the end of the day, so it's long term capital gain. 1:27:34.720 --> 1:27:36.559 If you do anything under a year in the day, 1:27:36.600 --> 1:27:37.920 it is short term capital gains. 1:27:38.400 --> 1:27:41.840 Please add something to that as well. Yeah. 1:27:41.920 --> 1:27:44.599 One strategy some people would use is they would actually 1:27:45.160 --> 1:27:47.800 borrow against their assets so they won't have to sell 1:27:47.840 --> 1:27:50.519 it and won't have to go through the taxable events. 1:27:50.560 --> 1:27:52.760 So that's when strategy that I know a lot of 1:27:52.800 --> 1:27:55.040 people use. I actually use that myself. Instead of selling 1:27:55.080 --> 1:27:58.680 my bitcoin, I would borrow against it if I need 1:27:58.760 --> 1:28:02.120 the cash for something, So that allows you to avoid 1:28:02.160 --> 1:28:03.519 those those taxable events. 1:28:04.960 --> 1:28:07.240 I know you talk about loaning out some of your coins. 1:28:08.640 --> 1:28:10.519 Does that apply to that as well. 1:28:11.680 --> 1:28:13.599 Uh no, if you loan your well, if you loan 1:28:13.680 --> 1:28:16.640 your coins out and you get a interest on that, 1:28:17.200 --> 1:28:19.240 I'm not gonna say yes or no. I got a 1:28:19.320 --> 1:28:21.400 check in with my accountant first before I give any 1:28:21.720 --> 1:28:25.160 But I know for borrowing against it, uh, you don't 1:28:25.240 --> 1:28:26.639 go through that taxable event. 1:28:27.280 --> 1:28:28.679 Let me ask you guys, both you guys. 1:28:29.520 --> 1:28:31.280 For people that's just starting out and they you know, 1:28:31.800 --> 1:28:33.680 they might not feel comfortable with the nano legend and 1:28:33.680 --> 1:28:36.000 stuff like that. Coinbase is you know, an easy way, 1:28:36.600 --> 1:28:39.640 do you are? Is it a good idea to have 1:28:39.840 --> 1:28:41.840 your cryptocurrency held on Coinbase? 1:28:44.560 --> 1:28:47.120 I say, I say no. And the reason why I 1:28:47.240 --> 1:28:49.599 say no is I've seen it go wrong a lot 1:28:49.680 --> 1:28:52.800 of times where people get locked locked out of their 1:28:53.240 --> 1:28:55.479 their coin Base account, haven't been able to get back in. 1:28:57.240 --> 1:28:59.200 Coinbase had a lot of issues in the past and 1:28:59.320 --> 1:29:03.840 still does have a lot of issues. I tell people 1:29:04.040 --> 1:29:06.479 it's always best to have it on your own device 1:29:06.560 --> 1:29:08.960 for you to be able to control it. Coin Base 1:29:09.040 --> 1:29:11.200 is just a means for you to exchange, so when 1:29:11.200 --> 1:29:13.560 you're ready to purchase or you're ready to sell, you 1:29:13.600 --> 1:29:16.000 can send it back to coinbased sell take your money, 1:29:16.360 --> 1:29:18.360 or after you purchase Boom, you send it to the 1:29:18.439 --> 1:29:21.600 ledger the store. And I just always want people to 1:29:21.640 --> 1:29:23.920 be protected in the space because there is no one 1:29:23.960 --> 1:29:26.519 to call when things go wrong. And that's my reasoning 1:29:26.600 --> 1:29:27.439 behind me saying that. 1:29:29.040 --> 1:29:32.759 Yeah, so the saying not your keys, not your cheese. 1:29:33.120 --> 1:29:36.000 Shout out to Isaiah Jackson for that one, but yeah, 1:29:36.040 --> 1:29:38.640 it's best not to keep your coins on an exchange. 1:29:38.720 --> 1:29:40.680 But one thing I'm going to add is if you're 1:29:40.720 --> 1:29:44.000 going to have your coins on a Ledger or something 1:29:44.120 --> 1:29:48.200 like that, please because none of us have promised tomorrow, 1:29:48.240 --> 1:29:50.600 so please make sure you have a plan just in 1:29:50.720 --> 1:29:53.280 case you're not able to get to your coins. If 1:29:53.320 --> 1:29:56.320 you have some loved ones that would you be able 1:29:56.360 --> 1:29:58.680 to use those coins if for some reason you're no 1:29:58.760 --> 1:30:00.800 longer able to, Like I've heard stories of people who 1:30:00.880 --> 1:30:03.479 passed away and their family weren't able to get to 1:30:04.200 --> 1:30:07.439 their assets. So if you're going to use a ledger 1:30:07.560 --> 1:30:09.960 or something like that to store your assets, please have 1:30:10.080 --> 1:30:13.439 a plan in place just in case, you know, something happens. 1:30:14.040 --> 1:30:16.439 Yeah, yeah, yeah, Lawrence, it's still I mean, we had 1:30:16.479 --> 1:30:18.720 the nano ledger in twenty seventeen. Is it still the 1:30:18.760 --> 1:30:20.200 process with the ess and to ask where it's like 1:30:20.280 --> 1:30:23.439 a twenty question code and another password that you got. 1:30:23.400 --> 1:30:24.680 To go into it is same thing. 1:30:25.120 --> 1:30:25.320 Yeah. 1:30:25.439 --> 1:30:27.760 So it's still the same process with the with the 1:30:27.880 --> 1:30:31.599 cold giving you the cold set up and the question 1:30:31.840 --> 1:30:33.719 and the questions are that So it's the same process. 1:30:34.040 --> 1:30:35.519 Yeah, And that's one of the things I did the 1:30:35.560 --> 1:30:37.439 first thing I did was obviously create the code and 1:30:37.479 --> 1:30:41.400 then took a picture of the actual twenty word password. 1:30:41.760 --> 1:30:44.080 And then in the event and I'm glad I asked her. 1:30:44.120 --> 1:30:46.080 You said that in the event that anything happens to me, 1:30:46.600 --> 1:30:48.439 my loved ones had access to that, just in the 1:30:48.520 --> 1:30:50.799 event that something happened to me, or you know, sometimes 1:30:50.840 --> 1:30:52.439 you forget things and it's like, oh, I lost it. 1:30:52.920 --> 1:30:53.680 You had to back up. 1:30:53.880 --> 1:30:55.840 Some people put it in a safe deposit box as well, 1:30:55.920 --> 1:30:57.840 so that that's another way you got the storage, and 1:30:57.880 --> 1:30:59.360 now you have it locked inside storage. 1:31:00.200 --> 1:31:02.400 Let's go to Let's go to Winston. Winston, we're coming 1:31:02.439 --> 1:31:04.519 to you. I mute yourself. You've been unmuted. What's going on? 1:31:08.760 --> 1:31:09.200 Good evening. 1:31:10.280 --> 1:31:13.160 Yeah, you got locked Sure I can get it because 1:31:13.160 --> 1:31:14.960 I had That's a fact. 1:31:15.200 --> 1:31:17.120 That's what I got locked out of. I got locked 1:31:17.160 --> 1:31:17.360 out of. 1:31:17.439 --> 1:31:19.280 Finance and then I got in there and it was like, 1:31:19.320 --> 1:31:21.200 you got three days to get all your assets off 1:31:21.280 --> 1:31:22.840 this platform from the United States. 1:31:22.880 --> 1:31:25.320 I'm like, what logged into coin base. 1:31:25.479 --> 1:31:26.360 That's a whole nother time. 1:31:26.640 --> 1:31:27.720 Winston, what's up, my guy? 1:31:29.160 --> 1:31:29.599 Hey y'all. 1:31:29.640 --> 1:31:31.880 I just want to say thank y'all. Troy Rashat thank 1:31:31.920 --> 1:31:36.439 y'all for everything. Really appreciated Lawrence. Yeah you put up, Yeah, 1:31:36.479 --> 1:31:39.120 you put up one hundred points tonight. Man the shoes 1:31:39.640 --> 1:31:41.479 he was on fire. Is that the shoes and alistair 1:31:41.479 --> 1:31:44.680 Man appreciate you. Thank you everything you're doing. I know 1:31:44.800 --> 1:31:46.680 you didn't get to it tonight. I just wanted to 1:31:46.760 --> 1:31:50.840 ask you about the dial situation and specifically with Wu 1:31:50.920 --> 1:31:51.320 Tang and. 1:31:52.040 --> 1:31:57.080 How that could be a benefit to our community in particular. Definitely. 1:31:57.240 --> 1:32:01.160 So that's one thing we think as a collective, especially 1:32:01.160 --> 1:32:04.000 of people who are looking to invest, is to really 1:32:04.080 --> 1:32:07.760 look into dows and a doubt is a decentralized autonomous 1:32:07.920 --> 1:32:12.320 organization and it's just a new way for people to 1:32:12.600 --> 1:32:16.160 collectively come together and pool their money and invest. 1:32:16.360 --> 1:32:18.519 And that's what that dow did. 1:32:18.640 --> 1:32:21.400 They came together, well, this is a dow they invested in, 1:32:22.080 --> 1:32:24.479 they invest in NFTs. But what they did is because 1:32:24.479 --> 1:32:26.800 they have so much of their money pooled together, they 1:32:26.840 --> 1:32:28.719 were able to go and buy that Wu Tang album 1:32:28.880 --> 1:32:31.759 and now they own the Wu Tang album. But thats 1:32:31.760 --> 1:32:35.439 are a very powerful concept because it's really all about 1:32:36.479 --> 1:32:40.120 groups coming together and working together towards a goal. So 1:32:41.040 --> 1:32:44.160 in the same way that Eyl does like we were 1:32:44.200 --> 1:32:48.080 able to, you know, join EYL and start clubs like 1:32:48.360 --> 1:32:50.200 you know, I founded the Crypto Club. There's also the 1:32:50.280 --> 1:32:53.320 Real Estate Club. There's all these different clubs, but there's 1:32:53.520 --> 1:32:56.920 this one focused goal of education and making sure that 1:32:57.800 --> 1:33:01.560 each one can teach one. So DOWS allow for that 1:33:01.720 --> 1:33:04.360 to happen in a way that was never before done. 1:33:05.720 --> 1:33:08.880 So if so, definitely looking too DOWS. That's d a 1:33:09.040 --> 1:33:11.680 O Decentralized Autonomous Organization. 1:33:15.200 --> 1:33:15.240 O. 1:33:15.520 --> 1:33:25.240 God, hey y'all see that. Okay, let's go, let's go 1:33:25.320 --> 1:33:26.559 to let's go to carry carry. 1:33:26.680 --> 1:33:28.920 What's going on? I mute yourself? You've been unmuted. What's 1:33:28.920 --> 1:33:35.400 the deal. It's been a while since I done. Oh hey, 1:33:35.479 --> 1:33:35.840 what's up? 1:33:36.600 --> 1:33:38.200 I get to get to see you guys tonight. 1:33:38.600 --> 1:33:40.559 I do have a question about Uh. 1:33:40.880 --> 1:33:44.000 Crypto is very viola talent. It goes up and down rapidly. 1:33:44.240 --> 1:33:48.479 Should we all be setting be setting stop losses when 1:33:48.520 --> 1:33:50.559 the market is going up so that we don't lose 1:33:50.720 --> 1:33:52.480 our investment. 1:33:52.400 --> 1:33:55.320 Or should we be holding long for bitcoin and ethereum 1:33:55.400 --> 1:33:57.679 and just riding the waves of the ups and downs? 1:34:00.760 --> 1:34:00.920 Yeah? 1:34:00.960 --> 1:34:04.600 I think I think one of the things that I 1:34:04.640 --> 1:34:08.639 would say, honestly when it comes to like trading crypto, 1:34:08.920 --> 1:34:12.120 it depends on what style you're using. If you're more 1:34:12.200 --> 1:34:15.760 so trading someone who's technically sound, they may get in 1:34:15.880 --> 1:34:19.160 and out based upon technical levels. I believe that everyone 1:34:19.240 --> 1:34:21.759 should be long term, but I don't think everyone should 1:34:21.800 --> 1:34:25.479 hold through fifty percent drops. I think that depending on 1:34:25.600 --> 1:34:28.760 where you got in is going to determine your exit point. 1:34:28.840 --> 1:34:31.040 I would say you want to be mindful of buying 1:34:31.120 --> 1:34:33.240 near tops. You want to try to buy where you 1:34:33.320 --> 1:34:37.160 see those five, ten, fifteen percent drop offs. And then 1:34:37.280 --> 1:34:40.360 also you want to set price alerts. So bitcoins right 1:34:40.400 --> 1:34:42.840 now is at fifty eight thousand, you might want to 1:34:42.880 --> 1:34:45.120 set a fifty three thousand price alert because that might 1:34:45.160 --> 1:34:47.360 be a voice huh. 1:34:48.640 --> 1:34:49.400 I'm so ghad. 1:34:50.240 --> 1:34:52.919 That might be a price that you might be interested 1:34:53.200 --> 1:34:56.280 in purchasing bitcoin long term, So you want to have 1:34:56.360 --> 1:34:59.439 your price alert said definitely, you want to be mindful 1:35:00.439 --> 1:35:02.240 just to kind of get notified. One of the apps 1:35:02.280 --> 1:35:04.400 that you can actually use to set your your price 1:35:04.439 --> 1:35:08.360 alerts would be Yahoo Finance. You can also do that 1:35:08.560 --> 1:35:11.920 on coinbase as well too. Bet it to notify you boom. 1:35:12.479 --> 1:35:14.719 You know, as soon as that price hits it notifies 1:35:14.760 --> 1:35:17.479 you and said your target prices, reach trading view if 1:35:17.520 --> 1:35:20.360 you're using a trading view software, and it'll send you 1:35:20.439 --> 1:35:23.160 those price alerts and those updates. Which is really really 1:35:23.280 --> 1:35:25.519 key when it comes to investing in trading in a 1:35:25.560 --> 1:35:28.679 cryptical space, is just staying up to date, like you said, 1:35:28.720 --> 1:35:30.800 because it is a very volatile market, a lot of 1:35:30.840 --> 1:35:33.840 things can happen and change overnight. Sometimes you can wake 1:35:33.920 --> 1:35:35.720 up and you made a lot of money. Sometimes you 1:35:35.760 --> 1:35:38.120 wake up and it's not looking so good. So that 1:35:38.160 --> 1:35:39.080 would be what I would say. 1:35:39.720 --> 1:35:45.080 All right, thank you for that, Thank you, appreciate you, Karin. 1:35:45.920 --> 1:35:49.000 Yes, yes, yeah, let's try to get a few more. 1:35:49.200 --> 1:35:52.280 Let's let's go to Deep Priced. We're coming to you. 1:35:52.400 --> 1:35:54.800 I mute yourself, you've been unmuted. What's going on? Deep Price? 1:35:57.000 --> 1:35:57.560 What's going on? 1:35:57.760 --> 1:35:58.120 Fellas? 1:35:58.400 --> 1:35:59.240 Everything? Great? How you? 1:35:59.560 --> 1:36:00.760 How you? I'm good man. 1:36:00.800 --> 1:36:02.639 I would just want to just give all y'all flowers. 1:36:02.680 --> 1:36:02.760 Man. 1:36:02.760 --> 1:36:04.960 I don't even really got no question. I've been in 1:36:05.000 --> 1:36:08.519 the crypto game since twenty seventeen, so you know, salute 1:36:08.520 --> 1:36:10.320 to you, Lawrence, and adas to everybody you know. 1:36:11.160 --> 1:36:14.840 Uh are you are you in the crypto club? Are 1:36:14.840 --> 1:36:15.519 you all university? 1:36:16.960 --> 1:36:17.519 I don't think so. 1:36:17.720 --> 1:36:18.719 My wife had joined. 1:36:18.760 --> 1:36:21.839 So I'm just really just like you did the Netflix 1:36:21.880 --> 1:36:23.559 b Hey, you know, hey. 1:36:26.680 --> 1:36:29.800 But we're always looking for people to join. There's never 1:36:30.000 --> 1:36:32.720 enough and there's never enough knowledge being shared. So like 1:36:32.840 --> 1:36:34.800 if you can, you know, come through and just share 1:36:34.840 --> 1:36:36.920 what you know. You've been in this since twenty seventeen, 1:36:37.000 --> 1:36:39.160 so I'm sure you have some knowledge and some experience 1:36:39.200 --> 1:36:41.200 that you can share with, you know, with some of 1:36:41.240 --> 1:36:43.880 the other people in the club, and shout out to 1:36:43.920 --> 1:36:48.600 Winston and Justin and Mika and Chelsea and Teddy and 1:36:48.720 --> 1:36:52.639 everybody else in the club who's like being in here sharing. Yeah, 1:36:52.680 --> 1:36:54.920 they're all in here and sharing and like helping me 1:36:55.160 --> 1:36:58.200 do what I do every every Friday for the Crypto Club. 1:36:58.280 --> 1:36:59.240 So shout out to them. 1:36:59.479 --> 1:37:01.720 How did they? How do they? How do they join 1:37:01.760 --> 1:37:03.000 the Crypto Club? Well that's a question. 1:37:03.160 --> 1:37:05.680 You know, it's ten thousand people in Euy University, so 1:37:06.080 --> 1:37:09.360 everybody might not be we do orientation, but if anybody 1:37:09.400 --> 1:37:11.439 ask any Euy University you can think about joining. 1:37:11.920 --> 1:37:13.639 How do they? How do they join the Crypto Club? 1:37:13.680 --> 1:37:15.360 Once the inside at UI University. 1:37:15.960 --> 1:37:17.920 So once you're inside, you'll get a link to the 1:37:18.040 --> 1:37:20.280 telegram and then you'll be able to join the Telegram, 1:37:20.400 --> 1:37:23.080 but we are moving to Discord because we have a 1:37:23.120 --> 1:37:27.760 lot more power in terms of controlling, in terms of 1:37:28.200 --> 1:37:30.599 even just in terms of functionality, like when we move 1:37:30.640 --> 1:37:35.680 to Discord, we'll have private calls for uh for our 1:37:35.880 --> 1:37:40.439 crypto club, and but in terms of joining, just when 1:37:40.439 --> 1:37:43.040 you're on the Facebook group, reach out to me, reach 1:37:43.080 --> 1:37:44.800 out to Justin, reach out to Mika, and then we'll 1:37:44.800 --> 1:37:47.600 give you the link to the telegram channel so you 1:37:47.640 --> 1:37:48.080 can join. 1:37:48.760 --> 1:37:50.280 Then things that go out. 1:37:50.360 --> 1:37:52.679 Yeah, I did want to say I am on Voyager. 1:37:52.760 --> 1:37:54.519 I keep a certain amount on Voyager because they do 1:37:54.680 --> 1:37:57.720 offer like a monthly interest payment. The majority of my 1:37:57.800 --> 1:38:01.439 coins are on a nan A ledger, So if anybody 1:38:01.560 --> 1:38:03.400 is interested in that, feel free to you know, go 1:38:03.439 --> 1:38:05.120 to Voyager and look it up. I know Lawrence had 1:38:05.160 --> 1:38:07.960 mentioned that it's one of the ones on the platform. 1:38:08.320 --> 1:38:10.360 Also Troy, Man, let's get this, Jordan one of them. 1:38:10.560 --> 1:38:13.400 Man ah yeah, yeah, yeah, I just I just saw 1:38:13.439 --> 1:38:16.240 my DM Yeah yeah, he saw what I had up 1:38:16.240 --> 1:38:16.759 there on Monday. 1:38:16.840 --> 1:38:16.960 Right. 1:38:17.160 --> 1:38:21.240 Well, you know, man, let me know, Man, I'm in 1:38:21.320 --> 1:38:22.400 a d and hit me up. 1:38:22.600 --> 1:38:24.960 I got a colorway I have in mind. I got you, 1:38:25.200 --> 1:38:30.720 I got you for real, all right, bro, all right, 1:38:30.800 --> 1:38:33.720 it always comes back to sneakers. It always comes back. Yeah, 1:38:33.760 --> 1:38:36.000 real quick, because I want I want to talk really 1:38:36.080 --> 1:38:39.840 quickly about that ethereum two point zero because we looked 1:38:39.880 --> 1:38:42.080 at the stock of floe for bitcoin, and when people 1:38:42.120 --> 1:38:43.759 say we can see it get to one hundred thousand, 1:38:43.840 --> 1:38:47.439 you literally showed us why people are saying that. Are 1:38:47.520 --> 1:38:50.559 you comfortable saying where you think etherium can go after 1:38:50.600 --> 1:38:51.559 the two point oh was lunch? 1:38:54.960 --> 1:38:59.719 Am I comfortable saying that I'll take at least ten thousand? 1:39:00.240 --> 1:39:02.439 That's where I would put it at at least ten thousand, 1:39:02.800 --> 1:39:05.800 And that's me being I'm saying back in a little bit, 1:39:06.680 --> 1:39:08.360 I think it can go. Look, but I'm saying ten 1:39:08.400 --> 1:39:09.800 thousand just to be on the safe side. 1:39:11.479 --> 1:39:14.639 Long so are we're thinking ten thousand? 1:39:15.600 --> 1:39:18.360 I was talking to Jamal the other day and we 1:39:18.560 --> 1:39:21.559 was talking about that, and I could see it going 1:39:21.600 --> 1:39:24.320 to ten thousand. I know that some analysts got that 1:39:24.400 --> 1:39:27.280 price target. I think with ethereum two point zero, I 1:39:27.320 --> 1:39:30.679 could see it going to ten thousand. It's still very early. 1:39:31.439 --> 1:39:34.280 The circulating supply, like I said, only one hundred and 1:39:34.320 --> 1:39:38.920 eighteen million, and crypto is still new. Guys, there's not 1:39:39.120 --> 1:39:41.200 a lot of people in this space, as much as 1:39:41.320 --> 1:39:43.800 like people may think it's talked about a lot now, 1:39:44.439 --> 1:39:47.559 but this is still a baby, like, this is still 1:39:47.600 --> 1:39:50.400 a newborn baby space. As much as we've seen the 1:39:50.479 --> 1:39:55.080 price of bigcoin grow and appreciate and ethereum, Ethereum is 1:39:55.160 --> 1:39:58.240 just getting started. So I could see that's my price 1:39:58.320 --> 1:40:01.080 target over the next two to three years is ten thousand. 1:40:01.880 --> 1:40:03.479 Oh, let's do this. Before we get to the one 1:40:03.600 --> 1:40:06.599 last question. I want to talk about EU University again, 1:40:06.600 --> 1:40:07.920 but I don't want to talk about it. I want 1:40:07.960 --> 1:40:11.400 to actually ask you guys because Alistair, first and foremost, 1:40:11.400 --> 1:40:13.519 thank you for your service. You're pioneered and you're the 1:40:13.560 --> 1:40:16.639 president of Crypto Club. So can you just explain explain 1:40:16.680 --> 1:40:19.360 the Crypto Club? Because the Crypto Club is inside of 1:40:19.439 --> 1:40:22.439 Eyo University and it's something that you know has become, 1:40:22.640 --> 1:40:26.080 you know, something that is very very valuable for Eyo University. 1:40:26.479 --> 1:40:28.840 But can you just you know, explain it a couple 1:40:28.840 --> 1:40:30.439 of minutes, Like, what is the Crypto Club? 1:40:30.520 --> 1:40:32.360 What do you guys do? How often do you meet 1:40:32.439 --> 1:40:33.080 all of that stuff? 1:40:34.400 --> 1:40:34.599 Yeah? 1:40:34.680 --> 1:40:38.080 Sure, so yeah, and this is the power of Like 1:40:38.200 --> 1:40:39.920 I raised my hand and said yeah, I want to 1:40:40.000 --> 1:40:42.760 I want to start the Crypto Club, and you guys said, yeah, 1:40:42.800 --> 1:40:46.360 go ahead. So we've been doing this since February and 1:40:46.600 --> 1:40:49.840 we have calls every first and third Friday where we 1:40:50.360 --> 1:40:55.519 go over news, we go over different topics, we talk 1:40:55.600 --> 1:41:00.560 about different strategies. So we talked about differentategies that you 1:41:00.600 --> 1:41:03.320 can use in D five. We talked about NFTs, different 1:41:03.640 --> 1:41:08.560 NFT platforms, different NFT research topics. We also do collaborations 1:41:08.600 --> 1:41:10.760 with other clubs. We actually did a collaboration with the 1:41:10.840 --> 1:41:14.080 Real Estate Club and that was that one was fire 1:41:14.360 --> 1:41:18.080 because we really went deep into different UH strategies for 1:41:18.640 --> 1:41:22.080 you know, using your crypto assets to to you know, 1:41:22.200 --> 1:41:24.679 earn a return and put that return into real estate 1:41:24.920 --> 1:41:27.800 so and then even and so the goal of the 1:41:27.880 --> 1:41:31.880 club really is to educate people about the usage of 1:41:32.360 --> 1:41:34.640 crypto and how they can benefit from it, and to 1:41:34.720 --> 1:41:38.759 also give a spotlight to some entrepreneurs who are in cryptos. 1:41:38.760 --> 1:41:40.760 So we've had a couple of guests, and we've had 1:41:40.880 --> 1:41:44.600 Chad Copeland who's been on our show, who's doing some 1:41:44.680 --> 1:41:47.360 big things in terms of education. We've had my brother 1:41:47.520 --> 1:41:50.120 Vernon Jay, who's doing some great things when it comes 1:41:50.160 --> 1:41:54.320 to combining crypto and real estate like tokenizing uh real 1:41:54.400 --> 1:41:59.400 estate assets. And we also we also have a couple 1:41:59.439 --> 1:42:01.519 of other guests coming on. We have eric An from 1:42:01.600 --> 1:42:06.200 Audacity Fund, which is a black VC crypto fund, so 1:42:06.240 --> 1:42:09.920 they're investing in black entrepreneurs who are doing things in crypto. 1:42:11.120 --> 1:42:13.960 So yeah, it's all about education and just giving a 1:42:14.000 --> 1:42:18.640 spotlight two people and yeah, like this, that's pretty much 1:42:18.640 --> 1:42:20.880 the Crypto Club. So you know, check it out, join 1:42:21.040 --> 1:42:22.960 and if you want to contribute, if you want to 1:42:23.000 --> 1:42:25.240 build it out, if you have some ideas on where 1:42:25.280 --> 1:42:30.160 we could take it, or we're open to hearing those ideas. Yeah, 1:42:30.320 --> 1:42:31.320 that's that's pretty much it. 1:42:31.600 --> 1:42:34.040 Hey, Alison, they said, don't forget about the special NFT 1:42:34.200 --> 1:42:34.920 drops that y'all do. 1:42:37.960 --> 1:42:41.280 The NFT drop so yeah, definitely. So one thing we've 1:42:41.360 --> 1:42:44.000 done in the past is we've given out free NFTs 1:42:44.040 --> 1:42:48.640 to people who may have never had a wallet in 1:42:48.880 --> 1:42:51.680 the first place, but this was their first for rate 1:42:51.760 --> 1:42:53.760 into crypto. So we said, you know, we're going to 1:42:53.800 --> 1:42:58.320 give you an NFT for joining us for a specific session. 1:42:58.400 --> 1:43:01.760 We're actually we're actually going to give away an NFT 1:43:01.880 --> 1:43:05.040 tonight as well. So if you're tuned in, if you're 1:43:05.120 --> 1:43:08.800 tuned in breaking tuned in. Yeah, So if you're in 1:43:08.920 --> 1:43:11.160 the chats right now, we have Justin in the chat, 1:43:11.200 --> 1:43:13.200 we have Winston in the chat, please reach out to them, 1:43:13.640 --> 1:43:16.040 and then we're going to get you your special POE 1:43:16.080 --> 1:43:18.599 app NFT proof of attention to show that you were here, 1:43:19.080 --> 1:43:20.120 you're with us tonight. 1:43:20.240 --> 1:43:24.280 So yeah, definitely. So now we do a lot of different. 1:43:24.000 --> 1:43:25.160 Things, that's the thing. 1:43:25.200 --> 1:43:27.240 And it's like, you know, no matter how good of 1:43:27.320 --> 1:43:30.000 a presentation you can give, you're not gonna be able 1:43:30.000 --> 1:43:32.880 to learn everything about cryptocurrency in two hours. But the 1:43:32.960 --> 1:43:34.920 whole point of it is, you know, you start to 1:43:35.040 --> 1:43:37.519 learn it. It's like a foreign language. You can't learn 1:43:37.600 --> 1:43:41.120 Spanish with just one masterclass, but you know, you can 1:43:41.280 --> 1:43:43.360 learn it if you take two classes a week or 1:43:43.439 --> 1:43:46.200 one class a week, or you start to familiarize yourself. 1:43:46.280 --> 1:43:49.280 So the whole point of EYL is to get you 1:43:49.520 --> 1:43:53.439 on the path of learning. And that's whether you you know, 1:43:54.160 --> 1:43:57.280 go through the rabbit hole of YouTube or Instagram or whatever, 1:43:57.400 --> 1:44:00.559 you just learn, most importantly, just learn eyo Versity school 1:44:00.600 --> 1:44:03.280 was just created just as an accelerated program. 1:44:03.600 --> 1:44:04.680 So I like to look at it like we have 1:44:04.800 --> 1:44:06.960 public school in private school, public school. 1:44:07.080 --> 1:44:09.320 You know, nobody has ever given out as much free 1:44:09.360 --> 1:44:12.759 information as we do every single day on the public 1:44:12.800 --> 1:44:13.400 school side. 1:44:13.760 --> 1:44:14.599 And that's for anybody. 1:44:14.720 --> 1:44:17.200 You can watch Market Mondays, you can listen to our podcast, 1:44:17.360 --> 1:44:20.479 you can check our Instagram grants and gym podcasts, you 1:44:20.520 --> 1:44:25.280 know ash Cash podcast. But some people need, you know, 1:44:25.640 --> 1:44:29.479 a more specialized education, which is private school and that's 1:44:29.560 --> 1:44:31.600 Eyo University. And this is something that you know, we 1:44:31.680 --> 1:44:34.320 have the crypto clubs and you know, we have meetups 1:44:34.400 --> 1:44:36.519 and we have different things that you know, get to 1:44:36.600 --> 1:44:38.960 ask questions and stuff like that. So that was the 1:44:39.040 --> 1:44:42.080 idea of the education no check, no no person will 1:44:42.120 --> 1:44:44.280 be left behind. Even if you you know you're not 1:44:44.360 --> 1:44:46.000 able to afford it, you know, we still we still 1:44:46.000 --> 1:44:49.000 going to provide your information in this public school. But 1:44:49.120 --> 1:44:51.040 you know, some people just want to accelerate their their 1:44:51.120 --> 1:44:53.519 learning curve and that's the private school out But there's 1:44:53.560 --> 1:44:55.920 no private school that costs seven hundred dollars for the year. 1:44:56.600 --> 1:44:58.639 I tell you that much because I went to private school. 1:44:59.040 --> 1:45:05.040 So yeah, so you know this is something that you know, 1:45:05.760 --> 1:45:08.320 you know, we uh and we and we like to 1:45:09.360 --> 1:45:12.719 promote from within. So like Janet, if you watch market. Mondays, 1:45:12.720 --> 1:45:15.040 you know Janet. Everybody knows the story with that. Janet 1:45:15.120 --> 1:45:17.919 was somebody that was a paid member of Eyle University 1:45:17.960 --> 1:45:20.160 and she had a great job at Fidelity. She was 1:45:20.200 --> 1:45:22.479 making a lot of money at Fidelity, and we just 1:45:22.560 --> 1:45:25.160 sort of value in her and we paid more than 1:45:25.200 --> 1:45:28.240 Fidelity was paying her, and we brought her in as 1:45:28.840 --> 1:45:30.760 you know, the person that's really running Eyo. 1:45:30.640 --> 1:45:31.720 University these days now. 1:45:31.800 --> 1:45:33.160 She loves what she does. 1:45:33.520 --> 1:45:35.880 Yeah, and she needed help because it became overwhelming. So 1:45:35.960 --> 1:45:39.759 then we hired another another black woman that was Eyle 1:45:39.880 --> 1:45:40.639 University member. 1:45:40.680 --> 1:45:41.240 We hired her. 1:45:42.000 --> 1:45:44.719 Shout out to her and then so yeah, like Alistair, 1:45:45.200 --> 1:45:47.240 he just was showing a lot of promise and was like, 1:45:47.320 --> 1:45:49.320 y'all want to start the Crypto club. So it's like, 1:45:49.360 --> 1:45:52.120 all right, instead of getting somebody from the outside to 1:45:52.160 --> 1:45:54.680 start the crypto club, why not that? And then it's like, 1:45:54.720 --> 1:45:57.040 you know, we have a huge platform. So today over 1:45:57.280 --> 1:45:59.439 fifty seven hundred people was watching this on YouTube. We 1:45:59.520 --> 1:46:02.240 probably get like sixty thousand views in a week. And 1:46:02.400 --> 1:46:04.840 it's like, all right, this is an opportunity where they 1:46:04.920 --> 1:46:08.320 can actually you know, get their voice out and be 1:46:08.439 --> 1:46:10.640 heard on a on a on a world level and 1:46:10.760 --> 1:46:14.040 you should definitely follow these gentlemen on Instagram. And you know, 1:46:14.520 --> 1:46:16.960 so that's how we really, that's how we've always done 1:46:17.120 --> 1:46:19.400 is like groople economics, and it's like we've done that 1:46:19.520 --> 1:46:21.920 from day one. We've helped a lot of people, you know, 1:46:22.040 --> 1:46:24.719 build their platforms, and we've hired a lot of people, 1:46:24.760 --> 1:46:27.479 and we you know, pay people for their services, whether 1:46:27.520 --> 1:46:31.240 it's the people that do flyers for us, our videographers, everybody. 1:46:31.320 --> 1:46:33.160 You know, a lot of times people don't fully understand that, 1:46:33.320 --> 1:46:35.320 like it's a business. It's not just like, you know, 1:46:35.360 --> 1:46:37.040 we just get up here and just start rambling, Like 1:46:37.080 --> 1:46:40.360 it's a business that's actually thought about. And ninety percent 1:46:40.400 --> 1:46:42.280 of the people that we actually work with and hire 1:46:42.360 --> 1:46:44.800 and promote and we you know, give opportunities to and 1:46:44.920 --> 1:46:49.040 give voices to our black people that would not have 1:46:49.200 --> 1:46:52.160 opportunity to have their voice heard. Before this, there was 1:46:52.240 --> 1:46:55.160 no there was no outlet that was given black people 1:46:55.280 --> 1:46:58.720 a voice to speak unless unless they were, you know, 1:46:58.920 --> 1:47:01.000 was on CNBC. And like how many people can do that, 1:47:01.120 --> 1:47:03.160 maybe one or two and you have to have you know, 1:47:03.240 --> 1:47:05.120 an Ivy League degree, you got to work for a 1:47:05.160 --> 1:47:07.200 hedge fund. We're not saying none of that. You know, 1:47:07.439 --> 1:47:11.040 if you can speak and you know the information, it 1:47:11.120 --> 1:47:12.920 doesn't matter where you went to school. It doesn't matter 1:47:12.920 --> 1:47:15.800 if you went to school. That doesn't matter. That stops people. 1:47:15.840 --> 1:47:18.080 A lot of times, you know, there's barriers of injury 1:47:18.120 --> 1:47:21.120 that stops people. But we created a platform where we 1:47:21.560 --> 1:47:23.120 can do whatever we want to do, so we don't 1:47:23.160 --> 1:47:25.760 have to answer to anybody. So you know, this, this 1:47:25.920 --> 1:47:29.759 institution that we've created has given the opportunity for people 1:47:29.960 --> 1:47:32.000 to spread their voice all over the world. Were going 1:47:32.040 --> 1:47:34.600 to Africa tomorrow and you know when we started on 1:47:34.720 --> 1:47:37.479 your Leisia, we started it in my office first and 1:47:37.560 --> 1:47:40.479 Den Troy's dining room with iPhones, and we was as 1:47:40.520 --> 1:47:44.280 local as you know, a half a mile radius. And 1:47:44.439 --> 1:47:46.920 now you know, we going to Africa and we got 1:47:47.040 --> 1:47:50.120 you know, strong support in Nigeria, a second biggest market 1:47:50.240 --> 1:47:53.160 outside of America. We're going to Egypt doing a networking 1:47:53.200 --> 1:47:55.240 event at the top of the rich Carlton. I say 1:47:55.320 --> 1:47:57.919 that to say like, it's just a level of inspiration 1:47:58.040 --> 1:48:00.759 and motivation I think that everybody can off from because 1:48:01.080 --> 1:48:03.960 you know, we just regular people. We didn't have any 1:48:04.080 --> 1:48:08.439 any special advantage. I was working in finance. Troy was 1:48:08.479 --> 1:48:13.240 a gym teacher, So you know, if that's like, you 1:48:13.280 --> 1:48:15.320 know what I'm saying, If if we can, if we 1:48:15.400 --> 1:48:18.640 can do this and become the top business platform in 1:48:18.720 --> 1:48:22.600 the world, anybody can do it. So I say that 1:48:22.760 --> 1:48:27.280 to say eyl University. Eyo University is something that we're 1:48:27.320 --> 1:48:28.280 extremely proud about. 1:48:29.400 --> 1:48:30.280 So you know, join. 1:48:30.400 --> 1:48:34.200 We want to see everybody. Everybody joined Eyo University. We 1:48:34.320 --> 1:48:36.720 got the flash sale running. It's seven hundred dollars for 1:48:36.920 --> 1:48:40.040 the year. It's a yearly subscription seven hundred, but once 1:48:40.080 --> 1:48:41.800 you get in, you're locked into that rate no matter 1:48:41.880 --> 1:48:45.479 how much. It started at ninety nine dollars, so it's 1:48:45.520 --> 1:48:47.040 like a stock. It keeps going up in price. But 1:48:47.120 --> 1:48:49.280 once whatever price here, some people pay ninety nine dollars 1:48:49.320 --> 1:48:51.960 still a year, and they'll pay ninety nine dollars forever. 1:48:52.520 --> 1:48:54.920 So you know, you lock your membership in, you get 1:48:55.000 --> 1:48:57.240 all of the access, you get discounts to invest fast, 1:48:57.280 --> 1:48:57.920 all of that stuff. 1:48:58.000 --> 1:48:59.720 So you know, we love to see you. 1:48:59.800 --> 1:49:03.160 Go to eyuniversity dot com, click the link in the description, 1:49:03.320 --> 1:49:05.800 click the link on YouTube and check us out. 1:49:05.880 --> 1:49:07.400 Yeah, I just want to add to this man because 1:49:08.080 --> 1:49:10.000 I want to thank these two gentlemen, Alis, there has 1:49:10.040 --> 1:49:13.040 been incredible to watch your ascension from being in our 1:49:13.080 --> 1:49:15.280 book club was our original club. But I also want 1:49:15.320 --> 1:49:18.759 to talk about Lawrence because when we met in Atlanta, 1:49:18.800 --> 1:49:21.439 he came to pull up on us at our Revolt meetup, 1:49:21.640 --> 1:49:24.479 and one of the things I said with him was, look, yeah, 1:49:24.520 --> 1:49:28.479 you're twenty two, but without people like us building a platform, 1:49:28.560 --> 1:49:30.600 where would you be able to shine? And I just 1:49:30.680 --> 1:49:32.000 want to just tell him, like I told him that 1:49:32.080 --> 1:49:34.120 public publicly, but I want to say it to everybody 1:49:34.160 --> 1:49:36.680 because there's another kid who might be fifteen sixteen right 1:49:36.720 --> 1:49:39.800 now who now has an outlet to be brilliant and 1:49:39.920 --> 1:49:42.840 he's not playing sports and he doesn't wrap, and there's 1:49:42.880 --> 1:49:45.280 nothing wrong with that, But there are other people out 1:49:45.320 --> 1:49:48.120 here that have brilliant and have a brilliant mind and 1:49:48.320 --> 1:49:50.800 have no platforms or no way to share it or 1:49:50.880 --> 1:49:53.720 even hide it, right they even hide it least no 1:49:53.840 --> 1:49:56.439 platform to explain it. And so like I want to 1:49:56.520 --> 1:49:59.919 encourage you. Yeah, you see a twenty two year old prodigy, 1:50:00.479 --> 1:50:03.080 but there's a twenty two year old prodigy that's in 1:50:03.200 --> 1:50:05.160 our YouTube. There's a fifteen year old one. There's a 1:50:05.240 --> 1:50:08.559 fourteen year old prodigy right now, and so I encourage 1:50:08.560 --> 1:50:10.760 you to be a part of a community that highlights you, 1:50:10.880 --> 1:50:13.400 that celebrates you, and that encourage you to be great. 1:50:13.720 --> 1:50:15.559 And so that's what we've built here and we're very 1:50:15.600 --> 1:50:18.560 proud of that. And to see people that look like 1:50:18.680 --> 1:50:20.400 us talking at this level right that was one of 1:50:20.560 --> 1:50:23.080 the things I took from Jamaica was they said, look, 1:50:23.080 --> 1:50:25.320 we've never seen black man talk like that. We've never 1:50:25.360 --> 1:50:28.240 seen somebody with so much intellience talk like that. I'm like, Yo, 1:50:28.280 --> 1:50:30.680 there's a whole gang of people around us that are 1:50:30.720 --> 1:50:32.680 talking like that. And so welcome to the family that 1:50:32.720 --> 1:50:35.880 everybody that's joining and everybody that's watching on YouTube. Man, 1:50:35.920 --> 1:50:37.720 welcome to the family. Because y'all family, y'all know, y'all 1:50:37.720 --> 1:50:39.439 here with us on market mondays, y'all here with us now. 1:50:40.160 --> 1:50:40.840 So we love y'all. 1:50:40.880 --> 1:50:42.640 Y'all know that love is love, rest in peace in 1:50:42.720 --> 1:50:43.000 it man. 1:50:43.040 --> 1:50:45.920 That's what he said. He said, Young geenis trap. Just 1:50:45.960 --> 1:50:49.280 can't they left them no platforms? They explain it, so 1:50:49.400 --> 1:50:52.479 you get frustrated. And that's a deep line. People think 1:50:52.520 --> 1:50:55.000 about it, like you know, but the key way he 1:50:55.040 --> 1:50:58.200 said is they they left him no platform. So we're 1:50:58.240 --> 1:51:00.639 not asking for no handouts. We just created our own 1:51:00.680 --> 1:51:03.519 platform and uh so that was really dope when we 1:51:03.720 --> 1:51:05.519 when we linked up with Steve O, who is one 1:51:05.520 --> 1:51:08.040 of Nipsey hust Who's best friends, and he said, he said, 1:51:08.040 --> 1:51:10.600 I wish I wish nip was here. I wish he 1:51:10.720 --> 1:51:12.519 was here to see y'all because he would really love y'all. 1:51:13.040 --> 1:51:14.920 That's that's the worst that he said out of his mouth. 1:51:15.040 --> 1:51:18.920 So the marathon will continue. The marathon will will continue. 1:51:19.000 --> 1:51:22.760 Thank you, gentlemen for stellar presentation. Please let them know 1:51:22.840 --> 1:51:25.040 how to follow you on social media please. 1:51:27.640 --> 1:51:31.200 So you can find me on Instagram at Alistair McKenzie 1:51:31.320 --> 1:51:34.920 dot eth. That's Alistair a l l I s t 1:51:35.040 --> 1:51:38.320 e R McKenzie m c k e n z i 1:51:38.560 --> 1:51:42.519 E dot e t h on Instagram, and I'm on 1:51:42.680 --> 1:51:45.080 Twitter at Alistair don. 1:51:47.160 --> 1:51:49.560 Yes, and you can find me as well on Instagram 1:51:49.680 --> 1:51:53.080 at mister Lawrence dot e m r l a w 1:51:53.439 --> 1:51:57.519 r e n c E dot e. So Lawrence Egleston 1:51:58.479 --> 1:52:00.960 is my name on there. You can find me at 1:52:00.960 --> 1:52:03.720 that same act name on Twitter as well. So thank 1:52:03.800 --> 1:52:06.040 you for having me big time. Shout out to e 1:52:06.200 --> 1:52:09.400 y l You guys always turn up every time I 1:52:09.560 --> 1:52:13.479 come on here, Troy, I told Troy, like, man like 1:52:13.600 --> 1:52:15.680 I love to be on here. It's just like a 1:52:15.720 --> 1:52:18.760 different type energy and feeling. So for me, it's like 1:52:18.920 --> 1:52:22.000 today was like a big day for me my grandfather 1:52:22.120 --> 1:52:28.800 passed away. Yes, I appreciate that. It's just like rejuvenating 1:52:29.080 --> 1:52:31.040 to get on here and just kind of feel this 1:52:31.320 --> 1:52:34.479 energy just uplifts your spirit. And this is like, you 1:52:34.560 --> 1:52:37.519 know what I do it for. I'm passionate about teaching people. 1:52:37.600 --> 1:52:40.519 I'm passionate about our people because I know the more 1:52:40.600 --> 1:52:44.080 that we get this information, we start changing our reality 1:52:44.120 --> 1:52:46.800 and we start changing our lives collectively. And this is 1:52:46.840 --> 1:52:48.760 a game where all of us can win, so it's 1:52:48.840 --> 1:52:52.600 no competition. Honestly, two heads work better than one and 1:52:52.720 --> 1:52:54.240 that's the way we need to be thinking. We need 1:52:54.320 --> 1:52:56.960 to be thinking, boom, how can we work together to 1:52:57.080 --> 1:52:59.599 create a system to be able to effectively go out 1:52:59.640 --> 1:53:00.759 here and at these markets. 1:53:00.760 --> 1:53:01.599 And that's what it's about. 1:53:01.840 --> 1:53:04.559 So thanks for having me appreciate you as always for. 1:53:04.600 --> 1:53:08.680 Sure, and yeah, definitely want to extend our condolences. You know, 1:53:08.840 --> 1:53:10.240 that was that was great. I was Goanna, I was 1:53:10.280 --> 1:53:11.360 going to tell you, like, you know, if you wasn't 1:53:11.439 --> 1:53:12.560 up to I know you went to you went to 1:53:12.600 --> 1:53:15.080 the funeral today, so you know, not only did he 1:53:15.200 --> 1:53:17.240 put up an amazing performance, but you know you also 1:53:17.320 --> 1:53:20.479 went to his grandfather's funeral today, so you know, definitely 1:53:20.560 --> 1:53:23.680 got you and your family and prayers. Send send our 1:53:23.760 --> 1:53:26.800 condolences to you and your family, and thank you, brother. 1:53:26.840 --> 1:53:29.479 I appreciate it and I'm looking forward to do stuff 1:53:29.520 --> 1:53:32.240 with both of you gentlemen in the future. Man, both 1:53:32.280 --> 1:53:35.360 of you gentlemen, thank you for you know, sacrificing your 1:53:35.400 --> 1:53:39.479 time to educate the people and most importantly people, make 1:53:39.600 --> 1:53:42.120 sure that you you retain this information. 1:53:42.320 --> 1:53:42.479 Learn. 1:53:42.600 --> 1:53:44.559 Like I said, this is something that is just it's 1:53:44.640 --> 1:53:47.360 one part of your learning journey. Continue to learn, continue 1:53:47.400 --> 1:53:51.360 to educate yourself. Read as much as possible, learn as 1:53:51.439 --> 1:53:54.960 much as possible because cryptocurrency is something that is extremely 1:53:55.000 --> 1:53:56.600 important and we don't want to get left behind. Like 1:53:56.640 --> 1:53:58.920 I said, this is still the beginning stages, meaning that 1:53:59.000 --> 1:54:01.040 there's still a lot more room to grow. But it's 1:54:01.080 --> 1:54:02.960 not a get rich quick scheme. We're not here to 1:54:03.040 --> 1:54:05.479 tell you like do this and get rich quick. We 1:54:05.560 --> 1:54:07.920 really want to educate you and really want to, you know, 1:54:08.360 --> 1:54:10.560 help you. Actually you know, provide for your family and 1:54:10.640 --> 1:54:13.799 provide for yourself. So you know, take your education serious, 1:54:14.280 --> 1:54:18.200 keep educating yourself, keep learning, and keep sharing the information 1:54:18.240 --> 1:54:19.760 when you when you get it, share the information with 1:54:19.840 --> 1:54:20.240 somebody else. 1:54:20.280 --> 1:54:20.880 And that's how we grow. 1:54:21.000 --> 1:54:22.800 Get some game, give it to the get it right back. 1:54:22.880 --> 1:54:25.400 Yeah you know, yes so and this also will be 1:54:25.439 --> 1:54:29.040 on podcast outlets on Friday. So yeah, tap in with. 1:54:29.160 --> 1:54:30.080 Us in Nigeria. 1:54:30.320 --> 1:54:33.000 Yeah. Oh wait wait wait, we on the way. Happy 1:54:33.040 --> 1:54:34.000 birthday to my pops. 1:54:34.440 --> 1:54:36.680 Your happy birthday to mister milit Tar seventy four. You 1:54:36.800 --> 1:54:40.040 upstairsy and cake right now, so happy birthday, birthday, celebrate life. 1:54:40.600 --> 1:54:42.520 We can celebrate that. Man, We're gonna remember the good 1:54:42.560 --> 1:54:44.560 times of everybody that we had. That's why we always 1:54:44.560 --> 1:54:48.200 say reach out. Hit somebody up, call somebody, text somebody. 1:54:48.240 --> 1:54:49.840 You never know what one conversation you can do to 1:54:49.880 --> 1:54:52.120 the trajectory of somebody's day or life. 1:54:52.240 --> 1:54:52.400 Man. 1:54:53.160 --> 1:54:54.960 So more life, more love, man, love is love. 1:54:55.400 --> 1:54:57.520 Yes, Nigeria, we on the way. 1:54:57.760 --> 1:55:00.360 But that's this morning. We got a player. Catch. 1:55:02.400 --> 1:55:03.440 We headed to the motherland. 1:55:03.520 --> 1:55:03.600 Yo. 1:55:03.680 --> 1:55:06.680 The whole team is with us. Man, travel mercies on 1:55:06.920 --> 1:55:07.600 us all man. 1:55:07.720 --> 1:55:09.680 We're going to Africa seeing belly. 1:55:09.760 --> 1:55:11.920 We're going home, y'all. We're going home, and we're gonna 1:55:11.960 --> 1:55:14.280 put on and make sure that the word get spread. Because, 1:55:14.320 --> 1:55:16.640 like we said, financial literacy isn't an American issue. It's 1:55:16.640 --> 1:55:18.000 a world issue, and so we want to be the 1:55:18.080 --> 1:55:18.640 pioneers of that. 1:55:19.240 --> 1:55:20.400 So we're gonna, we're. 1:55:20.240 --> 1:55:22.920 Gonna, we're gonna spread the gospel financial literacy. We're gonna 1:55:22.960 --> 1:55:24.560 do what we do in the motherland. We're going to 1:55:24.640 --> 1:55:27.959 the motherland and spread the good financial missionaries. Financial missionaries. 1:55:27.960 --> 1:55:29.840 I like that missionary. 1:55:29.960 --> 1:55:32.440 Hey Janet, let's get to being on the phone. 1:55:32.520 --> 1:55:35.520 We're going to the motherland and spread the spread the 1:55:35.600 --> 1:55:36.520 financial gospel. 1:55:36.800 --> 1:55:38.360 Hey man, it's been a real one.