Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: YouTube too, What's up? What y'all thought y'all wasn't gonna
Speaker 3: see me.
Speaker 4: Let's stop playing.
Speaker 5: Hardest working minute show biz.
Speaker 4: Let's stop playing. Let's let the team in. I'm gonna
Speaker 4: let the team in. I'm about justin cameras.
Speaker 3: I don't like how yeah, d y l University, what's
Speaker 3: going on? This is gonna be a big one. This
Speaker 3: is gonna be a big one. A lot of talk
Speaker 3: of the town sheep, a coin going crazy, bigcoin theoryum
Speaker 3: Troy's fixing camera during the actual production. First time only
Speaker 3: this has ever happened. So yeah, this is this is
Speaker 3: this is this is it.
Speaker 5: This is it.
Speaker 3: A lot of people have asked questions for a learn
Speaker 3: very long period of time. So this is our crypto
Speaker 3: mastermind that we will be putting on today, and we're gonna,
Speaker 3: We're gonna, We're gonna get the job done for sure.
Speaker 3: I mean it's it's even worse now but.
Speaker 6: Not commercial bread.
Speaker 7: Oh man, the folks, what all right?
Speaker 3: Let's do this? All right, you two? I know you
Speaker 3: guys have not gotten enough of us yet. Yes, okay,
Speaker 3: so she but to the moon, Yes, she but to
Speaker 3: the moon.
Speaker 5: Uh.
Speaker 3: We are gonna have a very very special this is
Speaker 3: gonna be special. Like I said, this is like one
Speaker 3: of these things where one time only you might not
Speaker 3: never see anything like this ever again. It's is the
Speaker 3: only time that we've done this publicly, So it's it's
Speaker 3: gonna be classic. It's gonna be a legendary situation. That's
Speaker 3: the best way I can really describe it. So before
Speaker 3: I go into too too much detail, let's let's bring
Speaker 3: the guys in here, but let's make some announcements while
Speaker 3: we while we have.
Speaker 5: Yeah, Troy definitely made it work.
Speaker 4: I made it words. I'm about to go fix it.
Speaker 4: I just want to let the guys in.
Speaker 5: It's like a hurricane, ya crazy.
Speaker 3: So Africa, we are on our way and we have
Speaker 3: a networking event in Nigeria. We have a networking event
Speaker 3: in Legos, Nigeria on Tuesday at seven o'clock. So we
Speaker 3: need everybody in Nigeria, everybody in Legos to come out.
Speaker 3: The R s v P link is on our website
Speaker 3: under earn your Lesion dot com under the Nigerian tab.
Speaker 5: So check us out. Man.
Speaker 3: It's gonna be a legendary, monumental event. My first time
Speaker 3: ever going to Africa, and we leave tomorrow. We leave
Speaker 3: tomorrow morning. So this is the last thing we we
Speaker 3: We stopped everything that we had going on for this.
Speaker 5: So Alistair, what's going on.
Speaker 6: Brother, what's going on? I'm doing alright, how you guys doing.
Speaker 3: Ah, we're just trying to figure this camera thing out,
Speaker 3: you know, it's just uh, it's one of these things.
Speaker 6: That no worries. I'm trying to figure stuff out here myself.
Speaker 5: Yeah. That's good. That's good.
Speaker 3: That's good, you're good, all right, Yes, yeah, that's looking crazy, man.
Speaker 3: We have a certain standard to Uphell, you can't. You
Speaker 3: can't play with the shield like now, it's crooked again.
Speaker 3: It's unbelievable.
Speaker 5: All right. So Alistair is in the building.
Speaker 3: Also before we start market Monday's live at the Apollo Theater,
Speaker 3: shout out to Ian. That's going to be a legendary
Speaker 3: situation and that is going to be on Black fri
Speaker 3: So No.
Speaker 4: Number twenty six. Make sure y'all in there.
Speaker 5: Make sure y'all get your tickets for that.
Speaker 8: I told you I don't play ourselves fifteen hundred season
Speaker 8: there too.
Speaker 3: Yeah, it's going to go crazy. So all right, here's
Speaker 3: what I here's what I want to do. I want
Speaker 3: to just you know, just get everybody familiar what's going on.
Speaker 3: Then we're going to jump right into it. So every month,
Speaker 3: the last Wednesday of the month, we have these what's
Speaker 3: called open enrollments where we have a YouTube live and
Speaker 3: we pick a different topic. Sometimes it's on real estate,
Speaker 3: sometimes it's on stocks, today it's on crypto. And what
Speaker 3: it is is a eyl University class, but it's open
Speaker 3: to the public. So eyl University we have it every
Speaker 3: single week. We have a class that we run for
Speaker 3: eyl University and that's you know, part of eyl University's platform.
Speaker 3: So once a month we have the Wednesday class is
Speaker 3: open to the public. So we do this for a
Speaker 3: variety of different reasons, but you know, we do it
Speaker 3: for just give you an insight of the world of
Speaker 3: eyl University.
Speaker 5: Let you see how it looks.
Speaker 3: Let you see, you know, the type of classes, the
Speaker 3: type of education that we provide. So this time we
Speaker 3: want to do something different. A lot of times we
Speaker 3: bring our friends on like that have been on the
Speaker 3: podcast or you know, different people that we have relationships with.
Speaker 3: But this time we want to do something that was
Speaker 3: actually homegrown. So we have oh he got the whole
Speaker 3: oh mag drop and everything.
Speaker 9: Yeah.
Speaker 3: So part of Eyo Universities we have clubs. So we
Speaker 3: have over twenty clubs. We have like real Estate Club,
Speaker 3: we have a club for earners over fifty. We have
Speaker 3: a military club. So one of our probably the premier club,
Speaker 3: no disrespect to any of the club, is the Crypto Club.
Speaker 3: And the Crypto Club has been on fire. So the
Speaker 3: Crypto Club is not something like where it just tells
Speaker 3: you like by this crypto it's actually like education and
Speaker 3: it's a community and people educate each other and they
Speaker 3: get people familiar on, you know, what's going on in
Speaker 3: the crypto space. They brainstorm best practices, talk about new
Speaker 3: coins on the market, how to invest, security, all that stuff.
Speaker 3: So it's an actual community within the community. So the
Speaker 3: president of the Crypto Club is my bro Alistair. He's
Speaker 3: been on Market Mondays before speaking and he is just
Speaker 3: a wizard when it comes to cryptocurrency. So he's the
Speaker 3: president of our Crypto Club. And then the other gentleman
Speaker 3: that will be joining us today is another EYL professor
Speaker 3: who has taught a variety of different classes for us
Speaker 3: on investing and Lawrence. So Lawrence is a young man
Speaker 3: who I got introduced to who Troy really describes as
Speaker 3: a stock market genius, investing genius prodigy. Yeah, so this
Speaker 3: is both. This is in Housetown. I like to do
Speaker 3: this because it's like, we don't want to just have
Speaker 3: you know, people that you might have heard of. So,
Speaker 3: like the whole point, and that's kind of been the
Speaker 3: whole premise of EYL when we first started and even
Speaker 3: up to this day, is we introduce the world of people.
Speaker 3: We've done it with Wall Street Trapper, We've done it
Speaker 3: with Ian, We've done it with MG.
Speaker 5: The mortgage Guy. The list goes on. We've done it
Speaker 5: with Miss Business.
Speaker 3: So we like to grow talent in house and people
Speaker 3: that are actually knowledgeable. It doesn't matter how many followers
Speaker 3: you have, it doesn't matter if you're verified on Instagram.
Speaker 3: It matters if you know what you're talking about and
Speaker 3: if you actually can relate to information. So these gentlemen
Speaker 3: know what they're talking about, their in house talent, and
Speaker 3: we're very thankful to have them on the platform.
Speaker 5: So first and foremost, thank you guys for joining us.
Speaker 5: Appreciate it, thank you, thank you for having thanks.
Speaker 8: Yeah, I just want to shout out well, right before this,
Speaker 8: we had a meeting with all the club leaders and
Speaker 8: one of the things I was speaking about was like,
Speaker 8: look what value can do. Alie still was part of
Speaker 8: the book club, started his own the crypto club inside
Speaker 8: of the university and now he's getting to speak.
Speaker 4: To the world about his expertise.
Speaker 8: So that just shows you when you pour value and
Speaker 8: lead with value, these are the byproducts that so shout
Speaker 8: out to you again, Ol said yeah, and the pride
Speaker 8: to himself shout out twenty two, twenty two year old.
Speaker 8: I feel like Jay when we brought like he brought
Speaker 8: young christ Hie ninety seven. He's only sixteen, he's only
Speaker 8: twenty two.
Speaker 4: Y'all yelling for a street.
Speaker 3: So we're going to get into this because it's a
Speaker 3: lot of stuff that's going on right now in the
Speaker 3: crypto space. Sheba coin has been a talk of the town.
Speaker 3: Sheba coin. I put a post up that was crazy.
Speaker 3: If you invest in one dollar in sheba coin at
Speaker 3: its lowest point and over the last twelve months, it
Speaker 3: would be worth six hundred thousand dollars.
Speaker 5: Today it is on fire.
Speaker 3: It is one of these things that has become like
Speaker 3: the new doge coin. Everybody's talking about it. It's all
Speaker 3: over CNBC and CNN and Twitter and all of that stuff.
Speaker 3: So that's obviously, you know, gets people interested in crypto.
Speaker 3: Bitcoin of course, has been on fire. It kind of
Speaker 3: pulled back now, but you know, Bitcoin crossed over sixty
Speaker 3: thousand dollars last week, so Bitcoin ethereum crossed over four
Speaker 3: thousand dollars. The total market space is two point seven trillion.
Speaker 3: And this is something that I think is interesting because
Speaker 3: I put another post stuff where the whole entire crypto.
Speaker 5: Space is two point seven trillion.
Speaker 3: Apple has a market cap of two trillion, So what
Speaker 3: does that mean? Like one company almost has the market
Speaker 3: cap of the entire crypto with thousands of crypto coins.
Speaker 3: So to me, that's encouraging because it still means that
Speaker 3: there's so much more room to grow, Like this crypto
Speaker 3: space is still in its infancy. A lot of people get,
Speaker 3: you know, intimidated and feel like it's too late to
Speaker 3: invest in crypto. They missed the boat. It's not too late.
Speaker 3: Crypto currency is in its infancy still and there's a
Speaker 3: lot more room to grow. So if you haven't invested
Speaker 3: in crypto, if you don't feel comfortable, this is why
Speaker 3: we here today to fully educate you. We're going to
Speaker 3: answer questions. The gentlemen have presentations, they're gonna talk, We're
Speaker 3: gonna ask them questions. So you're in for a treat
Speaker 3: and for a treat. So I want to get right
Speaker 3: into this. Before I get into it, I just want
Speaker 3: to just explain what EYL University is because this is
Speaker 3: what we were doing here. So university is an online
Speaker 3: educational platform that we started over two years ago, and
Speaker 3: what it is is the actual interactive learning experience, so
Speaker 3: we do every single week. We have a class where
Speaker 3: you actually get to ask questions zoom format. But then
Speaker 3: we actually have monthly financial planning calls with me two hours.
Speaker 3: Then we have biweekly real estate calls with Matt. We
Speaker 3: have a book club and a movie club with Troy.
Speaker 3: We have a Facebook group with over seven thousand members
Speaker 3: in it. And then my favorite part of the whole
Speaker 3: situation is the groups. So like I said, we have
Speaker 3: over twenty groups. We have real estate group, we talk
Speaker 3: about you know, the earnings on Wall Street, went in,
Speaker 3: took about stock Stock group, we have the Crypto group.
Speaker 3: We have all of the different groups. Yeah, and this
Speaker 3: is these are infinity groups inside of the EYO University.
Speaker 3: So when we was modeling university, we really modeled it
Speaker 3: after a real university and took the good parts out
Speaker 3: of it and took the bad parts took the good
Speaker 3: parts and threw the bad parts away. So the good
Speaker 3: parts of a university, I feel like are the infinity groups,
Speaker 3: people working with each other, building a community. So once again,
Speaker 3: these two gentlemen are actually in house eyl University professors.
Speaker 3: So we're gonna have a treat. We're going to talk
Speaker 3: about the cryptocurrency. We're going to get questions answered, and yeah,
Speaker 3: we're going to give you an insight to Eyo University.
Speaker 3: And this is what this whole thing is for, so
Speaker 3: you if you're interested in joining Eyo University. The last
Speaker 3: time we did this, we lowered the price for the
Speaker 3: whole entire year to seven hundred dollars for the year,
Speaker 3: and we kept that running. But we will be raising
Speaker 3: that but we're not going to raise it until Friday,
Speaker 3: So Friday night we will raise it. But right now
Speaker 3: it's still seven hundred dollars. So that type of value,
Speaker 3: I don't feel like anybody has ever put together that
Speaker 3: type of value for seven hundred dollars. We're very cognizant, well,
Speaker 3: we're very cognizant of our price point and we try
Speaker 3: to be responsible. I don't criticize anybody's price point, but
Speaker 3: you know, we feel like, you know, we want to
Speaker 3: be responsible, but we still have to have some level
Speaker 3: of you know, a price that is built in the best.
Speaker 6: Yeah.
Speaker 3: So seven hundred dollars for all of this for the
Speaker 3: entire year. So if you're interested, I'll put the link
Speaker 3: on to ewy University dot com right now and you
Speaker 3: become an earner. But that's enough of that. Alistair foot coin.
Speaker 3: Let's let's let's let's let's start with Alistair first. Since
Speaker 3: he he's on top of the of the screen, Alistair,
Speaker 3: the floor is yours brother.
Speaker 4: And you're ready to co host. So if you got
Speaker 4: to share, you can go all right.
Speaker 10: Thanks, Uh yeah, I'll share my screen. So I want
Speaker 10: to start out with bitcoin because bitcoin is the one
Speaker 10: coin that moves everything else. It's like it's the granddaddy
Speaker 10: of it all. And I want to talk about the
Speaker 10: Bitcoin cycles because it's very important to know about the
Speaker 10: cycles of bitcoin, even if you're not currently invested in it.
Speaker 10: I know some people may have started their investing journey
Speaker 10: with Doge or Shiba, but you really have to look
Speaker 10: at bitcoin because it dictates goes what goes on in
Speaker 10: the cryptocurrency market. Now, one metric that a lot of
Speaker 10: bitcoiners use in order to predict the price of bitcoin
Speaker 10: is the stock to flow ratio. And the stock to
Speaker 10: flow ratio is something that has been used in commodities
Speaker 10: a lot, and what it basically measures is the current
Speaker 10: stock of bitcoin compared to how much new bitcoin enters
Speaker 10: the market, and they use that in order to predict
Speaker 10: the price.
Speaker 6: And they do that around what's.
Speaker 10: Called the bitcoin having, and the bitcoin having just means
Speaker 10: that they cut them out of bitcoin that's being created
Speaker 10: in half, and that happens every four years, and around
Speaker 10: every four years we see these bitcoin you know, run
Speaker 10: ups in price. We see like these great spikes. So
Speaker 10: this is one chart that I like to look at
Speaker 10: for the long term. And what we can see here
Speaker 10: is that the color full lines are the bitcoin price
Speaker 10: and this straight black line is the stock to flow
Speaker 10: estimation of the price at that time. So what we
Speaker 10: see here is that as time goes on and as
Speaker 10: less bitcoin is being created, the price goes up, but
Speaker 10: we see that it doesn't follow it exactly. It follows it,
Speaker 10: but it does follow the trend somewhat. And right now
Speaker 10: we're right here, so at this point in the stock
Speaker 10: to flow ratio, bitcoin is estimated to be They estimated
Speaker 10: to be at about one hundred thousand around this time,
Speaker 10: and right now is at around sixty thousands. So we're
Speaker 10: under the stock to flow, but we're still following that trajectory.
Speaker 10: And this is important to know about, like I said
Speaker 10: about the stock to flow ratio, because when Bitcoin tends
Speaker 10: to run up during its during its marketing market cycles,
Speaker 10: everything goes with it with it's doe shiver everything. And
Speaker 10: just to show you a history of this, I have
Speaker 10: a couple of charts. So this is a site called
Speaker 10: coin market cap. You might be familiar with this if
Speaker 10: you're researching coins.
Speaker 3: Yeah, talk Can you talk about that? Because I wanted
Speaker 3: I want I want this to be a full education
Speaker 3: for people, because I know some people might not have
Speaker 3: any expertise in crypto at all. So coin market cap
Speaker 3: is a very important website, the first website that I
Speaker 3: got introduced to. So can you talk about coin market cap?
Speaker 10: Definitely. So coin market cap is I use it as
Speaker 10: like a research site. But what it does is it
Speaker 10: basically gives you a list of all of the coins
Speaker 10: that are available. And right now it's probably nine thousand
Speaker 10: last time I checked. It's probably more because there are
Speaker 10: more coins being created every day, but coin market cap
Speaker 10: is usually the first place you would go if you
Speaker 10: want to research a coin. And what I have up
Speaker 10: here right now is just a snapshot of what it
Speaker 10: looked like in the symbol of twenty thirteen. So of
Speaker 10: course we have Bitcoin, which was still at the top
Speaker 10: at nine hundred dollars. But if we look at the
Speaker 10: top ten here, I mean like coin some of you
Speaker 10: may know if you follow crypto if you don't, like
Speaker 10: coin is one of those at one point premiere coins.
Speaker 10: We have XRP, but we also have peer coin name
Speaker 10: coin mega coin that also had these dramatic price increases,
Speaker 10: and if you go and look at coin market cap today,
Speaker 10: these coins are nowhere to be found. So one thing
Speaker 10: we see is that Bitcoin has the staying power and
Speaker 10: it drives the market, but a lot of the other
Speaker 10: coins may not have.
Speaker 6: That staying power.
Speaker 10: And again it all goes back to Bitcoin being the
Speaker 10: driver of the market because of these havings that happen
Speaker 10: every four years. Actually, now the prices are coming back up.
Speaker 10: So as we see here, we have this doctor flow
Speaker 10: estimates about one hundred and eight thousand dollars bigcoin should
Speaker 10: be right now, which is within range of what I mean,
Speaker 10: we could possibly go to one hundred and eight thousand
Speaker 10: this year. That's what a lot of the low ball
Speaker 10: predictions have Bitcoin going to. So and again this trend
Speaker 10: continues on in twenty seventeen. This is a snapshot from
Speaker 10: twenty seventeen. Looks a little bit different, but at the
Speaker 10: same time we have Bitcoin at the top. Of course,
Speaker 10: this is where we see Ethereum, Bitcoin Cash, XRP. But
Speaker 10: again the top ten looks nothing like it does in
Speaker 10: twenty thirteen. And if we look at it today, we
Speaker 10: have a whole host of different coins making their way
Speaker 10: in the top ten. So Bitcoin Ethereum is still number two.
Speaker 10: You notice we no longer see light coin in the
Speaker 10: top ten, XRPS at number seven sliding out, but we
Speaker 10: have different coins. We have Doge, and of course the
Speaker 10: coin that everybody's so crazy about right now is Shouba.
Speaker 10: And I'll bring this up to say that these coins
Speaker 10: tend to come and go. There are a few coins
Speaker 10: that really have that staying power for the long haul.
Speaker 10: So if you're looking at investing, you really want to
Speaker 10: find those coins that can at least stay relevant for
Speaker 10: several market cycles. You don't want to get caught up
Speaker 10: in the hype of certain coins unless you're a trader
Speaker 10: and you know how to properly set your entry and
Speaker 10: your exits. This is just a history lesson that I
Speaker 10: like to show people because when they see the types
Speaker 10: of returns that crypto offers, one thing I say is like, yeah, welcome.
Speaker 10: Just watch out for the bear market because as fast
Speaker 10: as these coins go up, as fast as these coins
Speaker 10: go down and end up in irrelevance, and this market cycle,
Speaker 10: I would say it's been dominated a lot by even
Speaker 10: though we have Shibba Indulge coin. Smart contracts have really
Speaker 10: been the thing that has been the story of this
Speaker 10: market cycle. And for those of you who don't know,
Speaker 10: a smart contract is the best way I can describe
Speaker 10: it is a program on a computer that handles money
Speaker 10: and executes business logic. And because of those smart contracts,
Speaker 10: we have a coin like Shiba Shuba is actually a
Speaker 10: smart contract on the Ethereum blockchain. And if we see,
Speaker 10: like if we look right here, if you look at
Speaker 10: the end of to date of these smart contract platforms,
Speaker 10: you could have invested in pretty much any of them,
Speaker 10: just picked them and you would have gotten a nice
Speaker 10: return except for in their computer, but anything else with
Speaker 10: this Ethereum, Cardinal, Solana.
Speaker 5: So let's let's let's let's talk about this. This is important.
Speaker 3: Like I said, we're gonna talk about shit, but we're
Speaker 3: going to give you guys some what you need. If
Speaker 3: you're interested in a cryptocurrency, you need a full education
Speaker 3: before you invest. This is what This is why we
Speaker 3: call it eyl University. It's like a real full education.
Speaker 3: So what you're explaining right now when you talk about Ethereum, Cardana, Solana,
Speaker 3: Polka Dot, these are all platforms that you can actually
Speaker 3: build a coin.
Speaker 6: Off of, that's correct.
Speaker 3: So this is so, this is why when you see
Speaker 3: the rates of returns like Ethereum four hundred percent, Cardana
Speaker 3: one thousand percent, Polka Dot three hundred and ninety two percent,
Speaker 3: because it makes sense like these are actually the highways
Speaker 3: that the cars are actually driving on, right.
Speaker 6: That's correct.
Speaker 10: So you can you can build coins on these smart
Speaker 10: contract platforms. You can build lending protocols or lending apps,
Speaker 10: you can build exchange apps. So the amount of creativity
Speaker 10: that you have, you can actually use it on these
Speaker 10: different platforms to build some that you can have. So
Speaker 10: when I so you can use these smart contract platforms
Speaker 10: to build something any sort of financial products that you
Speaker 10: would find in traditional finance. And this is what's really
Speaker 10: been driving a lot of what's been happening in cryptocurrency
Speaker 10: for this cycle. And the reason why is because of
Speaker 10: decentralized finance and staking. So those are the two I
Speaker 10: kind of group them together because it's really about earning
Speaker 10: a return on your investment outside of the financial system.
Speaker 10: Now to discuss to go into staking. Staking is one
Speaker 10: of the strategies that you can use to earn interest
Speaker 10: on your crypto assets. And one website I like to
Speaker 10: go to to look at different returns for crypto assets
Speaker 10: at steak andrewards dot com. And when you go to
Speaker 10: stakanrewards dot com, it shows you the type of rewards
Speaker 10: that you can get. So for Solana, you're getting six
Speaker 10: percent back if you stake your Solana. And when I
Speaker 10: say staking, what I mean is that when you stak
Speaker 10: your assets.
Speaker 6: What you're doing.
Speaker 10: What you're doing is you're locking your assets into the
Speaker 10: protocol itself. And if there's a staking node running, the
Speaker 10: steaking node would actually add transactions to the blockchain and
Speaker 10: for adding those transactions to the blockchain, you get a reward.
Speaker 10: So for Solana it's six percent, for Cardono it's six
Speaker 10: point zero one percent. So instead of having your coin
Speaker 10: sitting on coin base or binance, you can take your
Speaker 10: coins off of the exchange. You can stake them. That way,
Speaker 10: you can have some residual income coming in.
Speaker 4: Alista real quick.
Speaker 8: So proof of steak is obviously you're just getting paid
Speaker 8: for having the coin and allowing people to build off
Speaker 8: of it correct.
Speaker 7: Uh somewhat.
Speaker 10: So you're getting paid for adding new blocks to a blockchain.
Speaker 10: But in order to do that, you have to put
Speaker 10: up some of your assets, and they do that as
Speaker 10: a way to prevent any bad behavior, because if you
Speaker 10: add any sort of transactions that are not correct, then
Speaker 10: your steak gets slash, meaning that they remove a portion
Speaker 10: of the assets that you put up. So you have
Speaker 10: the you can earn an interest on it, but if
Speaker 10: something bad happens, you can actually lose your coins.
Speaker 8: A lot of people will hear those two things. They'll
Speaker 8: hear proof of steak firsut proof of work. And I
Speaker 8: know one of those things is you know Etherium is
Speaker 8: one of those platform that's going from one to the other.
Speaker 8: Can you just touch on what proof of work is
Speaker 8: as opposed to proof of steak.
Speaker 6: So proof of work is different from proof of steak.
Speaker 6: And one of.
Speaker 10: The things you hear about proof of work is about
Speaker 10: the energy costs. But with proof of work he does
Speaker 10: the same thing. You're still mining transactions, but instead of
Speaker 10: putting your coins up, you're using a more energy intensive
Speaker 10: process to add the new transactions to the blockchain, versus
Speaker 10: proof of steak, where you're not using that energy intensive process.
Speaker 10: You're putting your coins up. And the goal of all
Speaker 10: of this is just is to add more transactions to
Speaker 10: the blockchain. They're just two different ways of doing it.
Speaker 10: And with Ethereum two point zero, Ethereum is actually moving
Speaker 10: over to proof of steak. It's currently proof of work,
Speaker 10: but the proof of steak chain is actually you're actually
Speaker 10: able to stake on that proof of steak chain, and
Speaker 10: Ethereum should be doing what they're calling it the merge.
Speaker 10: I think that happens in Q one of twenty twenty two,
Speaker 10: So by that time your Ethereum should be a full
Speaker 10: proof of steak chain and that should help with some
Speaker 10: of the high gas fees that people complain about.
Speaker 6: And if you don't know about gas fees.
Speaker 10: Gas fees are what you pay in order to conduct
Speaker 10: a transaction on the Ethereum network.
Speaker 3: So how do you how do you think that that
Speaker 3: will affect Ethereum as far as you know price targets
Speaker 3: and things of that nature when it switches over.
Speaker 10: So for price targets, I think it's definitely going to
Speaker 10: have a positive influence on the price uh, mainly because
Speaker 10: like for one thing, gas fees. One of the main
Speaker 10: hindrances right now when using Ethereum, especially for new people
Speaker 10: coming on, is the gas That's why we've seen a
Speaker 10: lot of the other smart contract platforms rise platforms like Solana,
Speaker 10: Cardino Avalanche.
Speaker 6: But when Ethereum moves over.
Speaker 10: To proof of steak, you're you'll see lower gas fees,
Speaker 10: you'll have higher higher transaction throughputs, so you'll be able
Speaker 10: to do more on the Ethereum network, and that should
Speaker 10: push the price.
Speaker 6: UH.
Speaker 10: One thing one theory that's been going on, or when
Speaker 10: talking point they talk about is going back to bitcoin.
Speaker 10: Bitcoin has a having every four years. They say, the
Speaker 10: effect of this merge happening for Ethereum two point zero
Speaker 10: could be like three havings in one So if you
Speaker 10: look at how every having the bitcoin price goes up,
Speaker 10: they expect that to happen for ethereum as well. But
Speaker 10: that's one of the uh, that's one of the theories that
Speaker 10: that's out there. But it's definitely gonna have a bullish
Speaker 10: impact on the price, gotcha, just because it just makes
Speaker 10: it more user friendly. And again, like going back into
Speaker 10: smart contracts, there's something called decentralized finance, and I like
Speaker 10: to describe the centralized finance as being able to use
Speaker 10: financial products and use financial services without having to build
Speaker 10: to a traditional financial institution. So that's lending, that's you know,
Speaker 10: trading derivatives, and a lot of the things that you
Speaker 10: can do in the financial system right now, you can
Speaker 10: do it in DeFi. Even as far as creating your
Speaker 10: own index funds, all of that is available to you
Speaker 10: in decentralized finance.
Speaker 5: Now, can we can we can we just talk? Yeah?
Speaker 3: I want to just DeFi is extremely extremely important. When
Speaker 3: Mark Cuban came on Market Mondays, he said, if he
Speaker 3: was just starting out with fifteen hundred dollars, the main
Speaker 3: thing that he.
Speaker 5: Will focus on is defile.
Speaker 3: He said, he would that's like, that's everything and you know,
Speaker 3: obviously Mark Cuban is worth three billion dollars, so when
Speaker 3: he said that, a lot of people you know, was
Speaker 3: interested in DeFi. So yeah, I want I want to
Speaker 3: just I wanted to just say that before you go
Speaker 3: into it, just to kind of preference it. Like that's
Speaker 3: something that Mark Cuban is said on our platform a
Speaker 3: while ago. So it's very important that we covered. Is
Speaker 3: defile situation.
Speaker 10: Sure, definitely. So DeFi, like I said, it gives you
Speaker 10: access to certain financial products and services without having to
Speaker 10: go to a bank. So one side I like to
Speaker 10: go to the research anything happening in DeFi is DeFi
Speaker 10: Lama and this is a site that gives you all
Speaker 10: of the different uh DeFi apps that you can use
Speaker 10: across any blockchain. So whether that be ethereum Solana, avalanche,
Speaker 10: it has it's sort of like the coin market cap,
Speaker 10: but for DeFi. And when we look at here, when
Speaker 10: we look at this this dashboard right now, there's two
Speaker 10: hundred and fifty three billion dollars locked in DeFi. And
Speaker 10: when I say locked, that means people have taken their
Speaker 10: money off of exchanges. They're taken there where there's eight
Speaker 10: uh Solana whatever they've taken it off of Coinbase, they've
Speaker 10: taken it off of buying, and they're using it now
Speaker 10: in DeFi. And with DeFi you have different apps that
Speaker 10: you can use. There's lending, there's exchanges, there's asset management,
Speaker 10: there's insurance, there's most of the most of the same
Speaker 10: products that you can get traditionally you can get in DeFi.
Speaker 10: And one of the biggest platforms in DFI right now
Speaker 10: is AVE. Ave has about eighteen billion dollars locked, meaning
Speaker 10: they're managing eighteen billion dollars in value. And the crazy
Speaker 10: thing about this, what a lot of people don't get
Speaker 10: is that in order to use AVE, you don't have
Speaker 10: to sign up with You don't need your Social Security number,
Speaker 10: you don't need to fill out any applications, you don't
Speaker 10: need to go through any of that process. As long
Speaker 10: as you have a wallet with some assets in the wallet,
Speaker 10: you can go onto AVE and be able to save
Speaker 10: money and earn interest on that money, so you can
Speaker 10: use AVE as a savings account.
Speaker 8: Alis the real quick because I'm glad that you said
Speaker 8: the word wallet, because I get this question a lot
Speaker 8: of times.
Speaker 4: Can you just go over what a wallet is? Let's
Speaker 4: talk hard wallet.
Speaker 8: Let's talk coal wallet. Let's clear up the definition of
Speaker 8: wallets in the different types.
Speaker 10: Sure, so there, like you said, there's the hot wallet
Speaker 10: and the coal wallet. But a wallet is essentially an
Speaker 10: account where you hold your assets. And you have hot
Speaker 10: wallets and coal wallets. Hot wallets are connected to the
Speaker 10: internet and coal wallets are usually a piece of hardware,
Speaker 10: but they both serve the same function. It's just a
Speaker 10: way for you to hold your assets in your own
Speaker 10: custody instead of keeping it on a coinbase or Gemini
Speaker 10: or a binance. And the thing with the wallet is
Speaker 10: when you start, when you set up your wallet, you're
Speaker 10: giving what's called a private key, and that private key
Speaker 10: is you can think of that as the key to
Speaker 10: your vault. If you lose that private key, then you
Speaker 10: lose access to the vault. If if somebody else gets
Speaker 10: a hold of that key, then they also have access
Speaker 10: to the vault. And so it's very important that you
Speaker 10: keep that private key safe. Another strategy that I always
Speaker 10: recommend is to have multiple wallets. And I say that
Speaker 10: because the blockchain is a public place. So if you
Speaker 10: have one wallet and you have all your assets in
Speaker 10: that wallet, if I know your address, I can actually
Speaker 10: go into your wallet and see what you have. I
Speaker 10: actually did this on one of the crypto calls where
Speaker 10: we actually looked at what was in Mark Cuban's wallet.
Speaker 10: So that's just an interesting tidbit, like always have multiple.
Speaker 4: Wallets, allegedly allegedly.
Speaker 8: I mean, I'm glad you cleared that up in and
Speaker 8: I see a lot of people typing yes, so they say,
Speaker 8: is a nano ledger a wallet.
Speaker 4: Yes, it's a wallet, but that does not live.
Speaker 8: On the internet, right, so that would not qualify under
Speaker 8: the definition of a hot wallet.
Speaker 10: No, yeah, it is. Yeah, a nano ledger is a
Speaker 10: cold or with some people would call it a hardware
Speaker 10: wallet because it's on a piece of hardware. An example
Speaker 10: of a hot wallet would be meta Mask, and meta
Speaker 10: Mask is the main wallet. It's like the number one
Speaker 10: wallet for use in DeFi, and it's a very convenient
Speaker 10: wallet to have because you're able to use the meta
Speaker 10: mask to connect to some of these apps. Like I
Speaker 10: said before, when you connect to AVE or when you
Speaker 10: connect to any other DeFi protocol, you don't sign up
Speaker 10: on anything. All you do is you connect your wallet
Speaker 10: and you use the protocol. So I can actually show
Speaker 10: an example of that. Actually, before I get there, I
Speaker 10: just want to show more of DeFi because going back
Speaker 10: to Shuba, one of the things that I heard from
Speaker 10: people about SUBA is that SUBA is going to be
Speaker 10: creating a decentralized exchange. And that's two. And they bring
Speaker 10: in they started the decentralized exchange because defile, like I said,
Speaker 10: it's very hot right now people are using it. But
Speaker 10: if we look at what subar swap is doing, and
Speaker 10: subar swap is what's called a decentralized exchange. So I
Speaker 10: would want to know from like, if you can just
Speaker 10: show of hands, how many of you have actually used
Speaker 10: subar swap. And I bring that up because a lot
Speaker 10: of people bought into ship the for the reason that, oh, well,
Speaker 10: they're going to be creating an exchange. But if you
Speaker 10: look down here, it's it's really not much that they're
Speaker 10: managing in their exchange. It's only four hundred and sixty
Speaker 10: seven million dollars in value. Compare that to some of
Speaker 10: the top protocols like Curve and Sushi swap, they're in
Speaker 10: the billions of dollars in value. And then I'm also
Speaker 10: looking at this market cap to total value locked it's
Speaker 10: when these are under one or somewhere around there that's
Speaker 10: a good value. But if we I calculated Shibba and
Speaker 10: it was that sixty six percent, and what that means
Speaker 10: is that compared to its market cap and the amount
Speaker 10: of value.
Speaker 6: That's actually being manager on that exchange.
Speaker 10: Like it's greatly overvalue compared to a lot of the
Speaker 10: other decentralized exchanges in DeFi.
Speaker 3: So let's let's do this for a minute because I
Speaker 3: want to. I want to get to questions as well,
Speaker 3: and that's going to be the bad part of the
Speaker 3: So I know you have some more stuff, but I
Speaker 3: want to bring Lawrence in to to speak before we
Speaker 3: go to Q and A. So Lawrence, Lawrence, you ready, yes.
Speaker 7: Sir, I'm locked and loaded, all right, all right?
Speaker 3: Brother, So yeah, Lawrence Eyo, University professor, a wizard, whiz kid,
Speaker 3: let's talk about let's talk about crypto and I want
Speaker 3: to also, don't worry, we're gonna answer questions too, because
Speaker 3: I realized that everybody's at different stages of this. So
Speaker 3: what I don't want people to do is become discouraged
Speaker 3: if you don't know, if you don't understand the conversation.
Speaker 3: So don't worry staying. We're going to talk about, you know,
Speaker 3: basic stuff as far as how they get started, and
Speaker 3: you know the basic level. You know, I'm the I'm
Speaker 3: the third grade guy when it comes to explaining things,
Speaker 3: so you know, I'm very cognizant of that, and I
Speaker 3: understand that everybody's at different price points, but it's important
Speaker 3: to know you know all of this information.
Speaker 5: So Lawrence, Yeah, let's get into this all.
Speaker 7: Right, you sir, appreciate it. I'll got it to share
Speaker 7: my Speren definitely big time shout out to Eyl. Appreciate
Speaker 7: you guys for having me on as always. I loved
Speaker 7: always being here and appreciate the energy. I'm excited. So
Speaker 7: I wanted to talk about a couple of things I'm
Speaker 7: pretty much gonna get started crypto investing in twenty twenty one,
Speaker 7: and why security is like, honestly one of the most
Speaker 7: important things. A lot of times people just want to
Speaker 7: hop right into crypto, don't know anything about it. And
Speaker 7: one of the biggest things that I found when I
Speaker 7: started investing in cryptocurrency back in twenty seventeen was that
Speaker 7: so many people have made so much money off of
Speaker 7: crypto but never were able to properly secure it. So
Speaker 7: one of the things that he was just talking about
Speaker 7: is really really key when it comes to crypto, and
Speaker 7: that's securing your assets. I actually have right here in
Speaker 7: front of me a Ledger security device and it's a
Speaker 7: Legend nano S, and I also have legerd nanto xs,
Speaker 7: and so I'm going to break down the difference of
Speaker 7: the legdo s and the legerdnao X and why it's
Speaker 7: important to have these wallets. These wallets come with typically
Speaker 7: anywhere in between an eighteen and twenty four word phrase
Speaker 7: that you may have to remember. You can write it down,
Speaker 7: have it in your noes multiple places, so you can
Speaker 7: actually send your crypto back and forth from coinbase, Gemini, Uphold,
Speaker 7: whatever platform that you're using. When you hold your crypto
Speaker 7: on this, you actually own your crypto. When you're buying
Speaker 7: it on Robinhood and you're buying it on these platforms,
Speaker 7: you don't really own your crypto. When you put it
Speaker 7: onto this, your own platform, you own your crypto. There
Speaker 7: is no fraud department one eight hundred number to call saying,
Speaker 7: oh my god, someone stole my car. If someone takes this,
Speaker 7: you need to be responsible like, you have to be
Speaker 7: a responsible person when it comes to investing in crypto.
Speaker 7: There's a lot of people who have made millions and
Speaker 7: billions of dollars in crypto and haven't seen a dime
Speaker 7: from it because they did not take the security aspect
Speaker 7: very important. Also, why having one of these devices this
Speaker 7: is this key. What you'll see happen is is when
Speaker 7: a lot of times we get these major, major high
Speaker 7: runs and we get a lot of people influxed into
Speaker 7: the crypto space when it's all over the news XYZ,
Speaker 7: what happens is you'll see Coinbase may say, oh we're
Speaker 7: down for six hours. That's not something that you want
Speaker 7: to be consistently happened to you. You'll see Binance might
Speaker 7: be down. You'll see all these different platforms having network
Speaker 7: issues and problems. So you want to be mindful of that.
Speaker 7: And I always tell people that before you ever put
Speaker 7: any money into the crypto space, you must have a
Speaker 7: security device. That is like my number one rule when
Speaker 7: I'm talking to people about investing in crypto is security
Speaker 7: is key because you can make a lot of money,
Speaker 7: but if you have nowhere to house it and secure it,
Speaker 7: what's the point. So Ledger security devices. Only buy from
Speaker 7: the actual website. So I'm about to get into this,
Speaker 7: like why buying from the actual website is so important.
Speaker 7: So you can actually come.
Speaker 5: Here to.
Speaker 7: Ledgerlive dot ledger dot com and you'll see they even
Speaker 7: have alert pretty much right on their website saying beware
Speaker 7: of ongoing and phishing campaigns. So what happens when you
Speaker 7: buy it from potentially Amazon, you buy it from another
Speaker 7: third party website eBay wherever. What happens is that someone
Speaker 7: can order a bunch of these ledgers and then go
Speaker 7: ahead and hack them, and then you buy it off
Speaker 7: of Amazon, and you buy it off that third party website,
Speaker 7: and then you put your crypto on there, and they
Speaker 7: actually have access and can steal your money. So it's
Speaker 7: important that you only buy it from this website. You
Speaker 7: do not want to buy a legend nano from anywhere else.
Speaker 7: So if you come here to products, you have the
Speaker 7: legrodnetal X and the legend thatal S. So the S
Speaker 7: if you come here, the S is going to be
Speaker 7: sixty dollars sixty dollars right now. Now, the S is
Speaker 7: only compatible via your computer, so you must have a computer.
Speaker 7: It's only compatible via your computer. Now, if you come
Speaker 7: to the X, you can actually download the app which
Speaker 7: was I was saying earlier, Ledger Live. That's the actual
Speaker 7: app that you can actually have on your phone, and
Speaker 7: you could collect connect the legend net x to your
Speaker 7: actual computer. So when you connect it to your computer
Speaker 7: and your smartphone, so you can actually have it connected
Speaker 7: to your smartphone and be able to track it just
Speaker 7: like if it was your bank account at Bank of
Speaker 7: America or J Morgan Chase wherever, and you actually open up.
Speaker 7: You can actually use your face ID open up and
Speaker 7: make those transactions back and forth. Now, the biggest thing
Speaker 7: is when it comes to you actually sending this back
Speaker 7: and forth, because it's important that you do not miss
Speaker 7: a letter in your actual tag and your wallet code
Speaker 7: when sending your crypto back and forth. Like I said,
Speaker 7: there is no one eight hundred number to call cry
Speaker 7: and saying, oh my gosh, I press the wrong button.
Speaker 7: Can I get my money back? It's not happening. Once
Speaker 7: you send, it is gone. So the great thing now
Speaker 7: is that you actually have those QR codes so you
Speaker 7: don't really have to do a lot of typing. So
Speaker 7: when you're sending back and forth every place that you
Speaker 7: purchase crypto and when you're taking a look, Robinhood is
Speaker 7: now trying to even install this where they actually have
Speaker 7: your actual wallet, so you can actually send out of
Speaker 7: Robinhood to other platforms that'll be coming soon to Robinhood.
Speaker 7: But if you're on Coinbase, if you're on Voyager, if
Speaker 7: you're on Gemini, you're on any of these platforms, when
Speaker 7: you purchase and it's stored on there, you have a
Speaker 7: unique wallet that you can send to and from and
Speaker 7: so utilizing that and make sure that you're using a
Speaker 7: QR code and scanning it is going to be really
Speaker 7: efficient and key. I know sometimes you know, we get
Speaker 7: faster typing and texting. You might miss a letter. This
Speaker 7: same the time where you want to misspell something, have
Speaker 7: some spell check on your phone, whatever it may be.
Speaker 7: So the ledgerd n X or the S and an
Speaker 7: easier way is you can go ahead and get a bundle.
Speaker 7: You can get these three so you can partner up
Speaker 7: with your cousin or your friend or your wife, whoever.
Speaker 7: You could partner up and get multiple ledgers, and you
Speaker 7: can get it even cheaper at a discount. So it's
Speaker 7: no excuse why people don't have anywhere to secure their
Speaker 7: crypto before we even get into talking anything about cryptocurrency.
Speaker 7: Security is number one. You can make all the money
Speaker 7: in the world in a cryptospace, but if you're not
Speaker 7: secure your assets, there's no point all right back to
Speaker 7: the slide. So I want to talk about, like what's
Speaker 7: the benefits honestly when we talk about blockchain, unless we
Speaker 7: like really getting too breaking down like what is actual blockchain?
Speaker 7: Because this is like an important topic of what a
Speaker 7: lot of people are talking about and having questions saying,
Speaker 7: what is blockchain? How can it be useful for me?
Speaker 7: So the thing about blockchain is, and the thing about
Speaker 7: bitcoin and ethereum there are a decentralized network. So one
Speaker 7: of the biggest problems that we've had with the US
Speaker 7: governments and governments across the world is the control of
Speaker 7: money supply and the ability to be able to manipulate
Speaker 7: that money supply. So when you take a look at bitcoin,
Speaker 7: there's only a certain amount of biitcoin ever going to
Speaker 7: be made and created. The brother before me at broke
Speaker 7: down a great point talking about every four years. There's
Speaker 7: a reason why crypto took off in twenty sixteen. There's
Speaker 7: a reason why it took off in again and we're
Speaker 7: seeing it do what it's doing now because people understand
Speaker 7: the system. So what is decentralized hearing in the US,
Speaker 7: we live in a centralized economy, and so what does
Speaker 7: that mean. You have a Federal Reserve Chairman Drone Powell
Speaker 7: and his team in the United States where they actually
Speaker 7: control the money supply, where hey, he always talks about, hey,
Speaker 7: we can just print more money with bitcoin. You cannot
Speaker 7: do that. So there's a limited amount of supply and
Speaker 7: that supply gets cut every four years. And so what
Speaker 7: you're going to see is what this is basic. This
Speaker 7: isn't anything really hard. I think a lot of times
Speaker 7: people make it more complicated than what it is. If
Speaker 7: I take supply from something, but then more demand continues
Speaker 7: to come in, what is going to happen to price?
Speaker 7: If it was Jordan's, if it's bitcoin, whatever, price is
Speaker 7: going to go up because there's less supply, but now
Speaker 7: there's increase in more demand. And so when we start
Speaker 7: talking about blockchain and what's the benefits we talked about
Speaker 7: talk about peer to peer transactions. When we think about
Speaker 7: how countries actually had to transact, countries had to use
Speaker 7: to transact through wires or had to take cash via
Speaker 7: military from country to country to do business and trade.
Speaker 7: With blockchain technology, this is actually going to build smart cities.
Speaker 7: We're already seeing smart cities in China right now. When
Speaker 7: we start thinking about self driving cars like Tesla Level
Speaker 7: and we start thinking about that type of technology, a
Speaker 7: lot of that is going to be powered by blockchain.
Speaker 7: Right now, there's a smart city being built in Arizona
Speaker 7: by Bill Gates. All of this is being powered by blockchain.
Speaker 7: So that's one of the main benefits. The future that
Speaker 7: we're going to live in is going to be powered
Speaker 7: by blockchain. So crypto platforms coinbas Uphold, Crypto, dot Com, Gemini,
Speaker 7: and Voyage. Voyager our five platforms that I'll say, it's
Speaker 7: good for people to be able to purchase crypto and
Speaker 7: get started with and then transfer to your ledger. As
Speaker 7: I mentioned earlier, so the benefits of using peer to
Speaker 7: peer transactions. So he mentioned the crypto coin XRP, which
Speaker 7: is one of the fastest coins in the world. XRP
Speaker 7: has been delisted from most of those platforms that I
Speaker 7: just named. Accept Uphold. XRP went under a lawsuit that
Speaker 7: talked about a little bit with their peer to peer
Speaker 7: transactions and some other things. Hopefully that gets revolved. What
Speaker 7: we'll see now. One of the things with XRP is
Speaker 7: if someone was in Africa right now and I'm here
Speaker 7: in the United States and boom, I could send them
Speaker 7: money in like five seconds. They can send me two
Speaker 7: hundred dollars. I can send them two hundred dollars. So
Speaker 7: one of the things is that the benefits of using
Speaker 7: those peer to pair of transactions. It's between you and
Speaker 7: that person on that blockchain network and that ledger. So
Speaker 7: that's important to understand that using peer to peers of
Speaker 7: transactions in crypto is really one of the main benefits
Speaker 7: that people love to use crypto and the efficiency and
Speaker 7: the cost. So when we talk about wire transfers, when
Speaker 7: we talk about the cost of bringing cast from a
Speaker 7: country to another country, that is highly a high cost.
Speaker 7: That is a high cost with crypto, those transaction fees
Speaker 7: when it comes to wires, and when we talk about
Speaker 7: bringing cash to place to place, those transaction fees cost
Speaker 7: less and less. More like they cost less and less.
Speaker 7: So I just tell people, like benefits of using peer
Speaker 7: to peer transaction is key. And the platforms I mentioned
Speaker 7: was coin based, Voyager and Gemini Crypto dot com uphold.
Speaker 7: Those are all the platforms that I mentioned before. I
Speaker 7: seen someone ask about that. So how to avoid like
Speaker 7: crypto scams because I think this is one of the
Speaker 7: biggest things that people get caught up on. Someone sent
Speaker 7: me a DM on Instagram, or someone called me or
Speaker 7: text me saying it set up a coin based account
Speaker 7: or set it up my wallet. If someone is asking
Speaker 7: you to send them crypto or asking you to buy
Speaker 7: some crypto and set it up and give you their
Speaker 7: give you your wallet password at x y z, please
Speaker 7: ignore them, like please please ignore them, please block them.
Speaker 7: No one is going to be reaching out to you
Speaker 7: from a fake page asking you to send money and
Speaker 7: it be legit.
Speaker 8: It's not legit, including us and including us, y'all.
Speaker 4: That's not us.
Speaker 3: Yes, yes, that's not us. Please YouTube, Let me just
Speaker 3: get it. That's very important. Let me turn the camera
Speaker 3: on YouTube. Public service O YouTube.
Speaker 5: YouTube.
Speaker 3: If you are on YouTube and you see earn your
Speaker 3: Lisia asking what they're doing is they're creating other pages
Speaker 3: using earn your Lisia.
Speaker 5: They're using the emoji.
Speaker 3: But it's not like if you go to their page,
Speaker 3: don't have like one hundred subscribers or like two subscribers.
Speaker 3: But it's confusing because it has our name and it
Speaker 3: has our.
Speaker 8: Logo, and they're always on our comments.
Speaker 3: We are we have never asked anybody for crypto. We
Speaker 3: are not asking you for crypto. So please don't send
Speaker 3: any crypto. Please please, please please.
Speaker 8: And then that's YouTube A's ig. We're not asking for
Speaker 8: any money. Please don't do that.
Speaker 5: Public service announced.
Speaker 4: Thank you.
Speaker 8: I'm glad you said that, Laura. I appreciate you.
Speaker 7: Yes, sir, yeah, No, it's important for people to understand
Speaker 7: that because you got to understand why are they doing that.
Speaker 7: They're doing that because, like I said, there is no
Speaker 7: one eight hundred number to call. You're not able to
Speaker 7: call them. So once you send them that money or
Speaker 7: you give them that access to that whilet it's over it,
Speaker 7: they're taking it. So please guys, stay away from those.
Speaker 7: I know that's one of the main things that a
Speaker 7: lot of people always get caught up in when they
Speaker 7: first get into crypto, not knowing, you know, the ins
Speaker 7: and outs of it. So I really wanted to mention
Speaker 7: that here tonight how to avoid crypto scres, smart contracts,
Speaker 7: and just something that he touched on very in definite.
Speaker 7: I want to talk about it as well too. So
Speaker 7: smart contracts pretty much permit trusted transactions. So that's the
Speaker 7: way you want to look at it when you were
Speaker 7: talking about this blockchain technology and understanding how this is
Speaker 7: going to continue to evolve as we go through time.
Speaker 7: So one of the things in the decentralized network, in
Speaker 7: the blockchain network is the code to execution. So what
Speaker 7: he talked about in the codes to execution, transactions are
Speaker 7: trackable and irreversible. So that's one of the things that
Speaker 7: I was just saying, like, once you send someone money,
Speaker 7: it's irreversible. The transactions are also as well trackable. So
Speaker 7: it's key to understand that these self executing contracts, this
Speaker 7: is what binds a lot of times these particular transactions together.
Speaker 7: So this is the transparency part when we talk about
Speaker 7: smart contracts. So crypto is a very transparent place. It
Speaker 7: is not controlled by centralized entity, and that is the
Speaker 7: biggest thing. It's not controlled by centralized entity. And so
Speaker 7: that's why when we see certain things happen in economies
Speaker 7: across the world, where we see certain things even throughout
Speaker 7: the pandemic, there was a reason why theoryum went up
Speaker 7: as much as it did and didn't just go up
Speaker 7: just to go up. It was a reason why bitcoin
Speaker 7: went up as much as it did because people started
Speaker 7: to lose faith in the government's ability to be able
Speaker 7: to control the money supply and be able to control economies.
Speaker 7: And people said, enough, we've been experience and what a
Speaker 7: hyper inflationary economy where we're seeing costs of live and
Speaker 7: increase exponentially because of the amount of money that's been
Speaker 7: put in circulated into our economy. So when we start
Speaker 7: to think about why people are actually coming to execute
Speaker 7: these smart contracts, why people are coming to purchase cryptocurrencies,
Speaker 7: it's a true heads to inflation over time. So the
Speaker 7: influence of monetary policy, what roles will the Fed play,
Speaker 7: and why some regulations are good. So I talked a
Speaker 7: lot about decentralized network and Alistair did before as well,
Speaker 7: but I want to talk about the influence of monetary
Speaker 7: policy and what we've seen and why crypto in the
Speaker 7: crypto space has grown so much in the past twelve
Speaker 7: to eighteen months. So what roles will the Federal Reserve
Speaker 7: play For the people that don't know who the Federal
Speaker 7: Reserve is? We have the Federal Reserve chairman, Drome Powell.
Speaker 7: So Drome Power is someone that I would ask everyone
Speaker 7: to go research. Been the Federal Reserve chairman for the
Speaker 7: past few years. And when we've seen the amount of
Speaker 7: money that's been put into our economy via unemployment checks,
Speaker 7: SBA loans, when we see from stimulus checks, all of
Speaker 7: those different things have now put a bunch of money
Speaker 7: into our circulating supply, and they've just continued to print.
Speaker 7: But the thing is, you cannot print your way out
Speaker 7: of a problem. Eventually there is a debt to pay.
Speaker 7: And so what happens is is that people have now seen,
Speaker 7: oh my god, like my dollar is not backed by anything.
Speaker 7: My dollar does mean no good in my bank account.
Speaker 7: So the same way that people take their money to
Speaker 7: go and invest in a stock market, as the stock
Speaker 7: market is another hedge to inflation, people are using the
Speaker 7: crypto space to be able to hey, let's go invest
Speaker 7: here and get a year. That's all that we're people
Speaker 7: are looking for. People are always looking for a yield.
Speaker 7: A yield is a return. So what roles will the
Speaker 7: Fed play? So as the Federal Reserve continues to print money,
Speaker 7: and as the Democrats and Republicans continue to approve packages
Speaker 7: of spending major spending, trillions of dollars of spending. We
Speaker 7: may continue to see assets like bitcoin and ethereum continue
Speaker 7: to grow. Why because people are looking for that hedge.
Speaker 7: People are looking to get a yield, and so that
Speaker 7: is one of the main roles that the Federal Reserve
Speaker 7: played by their actions will directly have an impact to
Speaker 7: how crypto will perform in the future. And why some
Speaker 7: regulations are good. So there's a lot of people who
Speaker 7: have purchased crypto on some websites that I didn't even name.
Speaker 7: You got some crazy websites out there. Because what I
Speaker 7: want people to understand is for people that don't know,
Speaker 7: the beginning of bitcoin, in the beginning of the crypto
Speaker 7: space wasn't so good. A lot lot of crypto is
Speaker 7: being used for dirty transactions on the Internet. I'm just
Speaker 7: going to leave it there. So some regulations are good.
Speaker 7: Why because there's a lot of crypto platforms out there
Speaker 7: that people made millions and billions of dollars and the
Speaker 7: government did not collect taxes. So I always like to
Speaker 7: look at things from both sides and never like I'm
Speaker 7: always on one side. Always like to look and see
Speaker 7: what is this size saying, So from a government's perspective,
Speaker 7: we don't have no problem with you guys trading your crypto,
Speaker 7: but we want to be able to get our piece.
Speaker 7: Uncle Sam needs to get his piece as well too.
Speaker 7: So some regulations are good because there's been a lot
Speaker 7: of people who have purchased crypto on some of these
Speaker 7: platforms and actually haven't seen any of their returns. So
Speaker 7: this is why I say be careful of buying crypto
Speaker 7: on certain sites that you have no business being on.
Speaker 7: You buy crypto on these certain sites, they lock you out.
Speaker 7: Next thing, you know, you made twenty thousand dollars. But
Speaker 7: did you make twenty thousand dollars No, because you didn't
Speaker 7: put on your ledger. You left it on there and
Speaker 7: then that site ended up getting shut down for not
Speaker 7: following regulations. And that site got shut down, so did
Speaker 7: your money go as well too. So there's the reason
Speaker 7: why platforms like coinbase was able to ipo in the
Speaker 7: US stock market because they follow systems. They followed the
Speaker 7: regulations by sept by the SEC. They send you your
Speaker 7: tax documents at the end of the year so you
Speaker 7: can account for what transactions you place how much crypto
Speaker 7: you bought so xyz. So some regulations are good in
Speaker 7: this space because we understand that there's a lot of
Speaker 7: people out here that do some bad things, and it's
Speaker 7: important to understand the influence of monetary policy. So paying
Speaker 7: attention to the decisions that are made here not only
Speaker 7: in the US, but also across the world and the
Speaker 7: Asian markets, in European markets will directly have an impact
Speaker 7: on the future of crypto. So why supply and demand
Speaker 7: and circulating supply matters, So like this is key, and
Speaker 7: I what he mentioned on coin marketcap dot com is
Speaker 7: honestly this is one of the best websites to use.
Speaker 7: So we're just gonna honestly start here at ethereum right now,
Speaker 7: leasm nott there in bitcoin we have eighteen million circulating supply,
Speaker 7: So that's how much supply is out there when we
Speaker 7: start speaking about bitcoin. So what I want people to
Speaker 7: kind of get in their heads and start to really
Speaker 7: look at is start looking at circulating supply. So the
Speaker 7: way we look at circulating supply in the crypto market
Speaker 7: is the same thing as outstanding shares in the stock market.
Speaker 7: So outstanding shares is how much shares are out there
Speaker 7: available to be purchased. When we start taking a look
Speaker 7: at circulating supply is the same exact thing. So when
Speaker 7: you have a lower circulating supply and demand creeps in rapidly,
Speaker 7: you see a huge increase in price. So there's a
Speaker 7: reason why Cardono could never be bigcoins price. Look at
Speaker 7: this circulating supply compared to bigcoin, to cardinal circulating supply,
Speaker 7: Cardno has a vast enormous amount bigger circulating supply than
Speaker 7: bigcoin does, so they have way more supply. You're talking
Speaker 7: about eighteen million, and we have to come all the
Speaker 7: way down here and compare it to thirty three billion.
Speaker 7: We can't compare that, So that is why we see
Speaker 7: bigcoin erners.
Speaker 4: What's up?
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Speaker 7: To have these volatile moves and they move up and down.
Speaker 7: So bigcoin is like the Amazon or the Tesla of
Speaker 7: the crypto space. The reason why Tesla Amazon moved the
Speaker 7: way they move Netflix is your Rokus, all of those companies,
Speaker 7: even your game stops. They move like that because they
Speaker 7: have a low amount of outstanding shares, whereas a cardono
Speaker 7: is really like an Apple. You see Apple has seventeen
Speaker 7: billion outstanding shares seventeen billion, where Tesla has nine hundred million.
Speaker 7: You can't compare that circulating supply. So that is why
Speaker 7: Tesla moved the way they move, and that's why Apple
Speaker 7: moves the way they move. They move a lot slower,
Speaker 7: and that's why we see bitcoin. Bitcoin has a way
Speaker 7: wider range and moves at a way rapid pace versus
Speaker 7: our cardono that moves a lot slower. So it's important
Speaker 7: to understand circulating supply, and it's important to pay attention
Speaker 7: when you're looking to invest in a cryptocurrency to say, hey,
Speaker 7: what's the circulating supply.
Speaker 5: That's one of the I want to cut you off
Speaker 5: from minute.
Speaker 3: That's one of the best things that would set you're
Speaker 3: doing an amazing job. But that's one of the biggest,
Speaker 3: biggest things that people don't fully understand circulation supply. That's
Speaker 3: what like even a coin like XRP, look how many
Speaker 3: coins it has out there. So when you look at
Speaker 3: the potential price point, when you look at moves, all
Speaker 3: of these things, that is something that is not talked
Speaker 3: about enough.
Speaker 5: So I'm glad you said that.
Speaker 3: If you don't get anything else from this presentation, that
Speaker 3: is a gem not just on the on the crypto side,
Speaker 3: but also on the stock market side as well.
Speaker 7: Yes, sir, yeah, So that's important for us to pay
Speaker 7: attention to. As I scroll down here, if I look
Speaker 7: at XRP, XRP has forty seven billion, but if I
Speaker 7: look at Solona, Slona has three hundred and one million.
Speaker 7: We take a look at Ethereum one hundred and eighteen million.
Speaker 7: So these have smaller circulating supplies. So this is why
Speaker 7: we see the price moves that they make. Also, we
Speaker 7: take a look and if I type in we start
Speaker 7: to look at Tron. We see crypto coins like that.
Speaker 7: You take a look at Maker or a lot of
Speaker 7: people were asking like, oh my gosh, why did Maker
Speaker 7: make the move that they did. Maker has a low
Speaker 7: circulating So it's important to understand that not just in
Speaker 7: the crypto space, but in the stock market space. So
Speaker 7: that's why it's really important for us to pay attention
Speaker 7: to supply and demand and why circulating supply matters. So
Speaker 7: how to benefit from playing quote unquote as coins I
Speaker 7: won't curse?
Speaker 4: So when we.
Speaker 7: Start to think like how can we benefit from this,
Speaker 7: what I tell people is you want to put money
Speaker 7: into these coins that you see pop up, like Ashiba
Speaker 7: that everyone's talking about. You want to put as little
Speaker 7: amount of money in those as possible. If you hit,
Speaker 7: you want to put a small amount because you don't
Speaker 7: want to be bet in the house. What happens is
Speaker 7: is that people come in and they say, oh, my gosh,
Speaker 7: I seen this on TV. I've seen this on YouTube.
Speaker 7: I've seen someone put this on Instagram. They made money
Speaker 7: from this. Boom. I feel like fomo fear of missing out.
Speaker 7: So then they feel like boom, like I got to
Speaker 7: hop in. And then you end up putting ten thousand
Speaker 7: in but you ain't even never invested in your life,
Speaker 7: but you putting ten thousand on sheep but you don't
Speaker 7: know nothing about investing, But you putting ten thousand in
Speaker 7: something you know nothing about because you're being greedy. So
Speaker 7: it might have worked out the first time, but then
Speaker 7: the next time you do it, it ends up what
Speaker 7: not working right. So it's important that I want people
Speaker 7: to understand to stay away from just putting money on
Speaker 7: any coin that you come about and find. In twenty
Speaker 7: sixteen and twenty seventeen, there was a lot of people
Speaker 7: who lost money big time, thousands of dollars lost life
Speaker 7: savings because of greed. Because what's what can happen is is, okay,
Speaker 7: sheep has checked out, all right, But there's people out
Speaker 7: there that come up with these coins and say, hmm,
Speaker 7: let's make a coin called rocket coin, and then it
Speaker 7: comes out and then they set up shop, they raise capital,
Speaker 7: make millions of dollars, then they shut the platform down,
Speaker 7: and they run off with your money. That has happened
Speaker 7: a lot of times in this space, and what I
Speaker 7: don't want to happen is new people coming in that
Speaker 7: don't really know a lot about anything come in and
Speaker 7: just start putting money on cours just because they found
Speaker 7: this website. Boom, oh this coin is, you know, twenty cents,
Speaker 7: so this coin is less than a penny, so I
Speaker 7: can get a million coins. So it's gonna go to
Speaker 7: a dollar, I'm gonna be a millionaire. I don't want
Speaker 7: people to make a habit of doing that if you
Speaker 7: benefited from a dodge coin. There's been people who are
Speaker 7: still bag holding on dodge coin because they thought, oh,
Speaker 7: Elon's getting on NS ANDL is gonna go to the moon.
Speaker 7: It's going to a dollar, it's going to one hundred dollars.
Speaker 7: So be weary of just listening to people on social
Speaker 7: media telling you what's going to happen. What you want
Speaker 7: to understand is when everyone's typically talking about a coin,
Speaker 7: or everyone's typically talking about an investment, it's typically time
Speaker 7: to sell. If it's all over social media, if it's
Speaker 7: all over the media, it's typically time to sell. You
Speaker 7: want to buy the hype and sell the news. So
Speaker 7: am I saying that a lot of these coins can't
Speaker 7: benefit you know they can because these coins could be
Speaker 7: equity builders. That's the way I look at it. You
Speaker 7: can make ten twenty fifty thousand off this type of coin,
Speaker 7: but then boom, take that money and put it into
Speaker 7: a long term investment on the stock market, put it
Speaker 7: into bigcoin and ethereum. Things that have been proven, things
Speaker 7: that we've seen over time growth. Take the risky plays
Speaker 7: that you've made money on and put it into something
Speaker 7: more stable and more consistent. Don't go back out. They're
Speaker 7: still trying to gamble. So using technical analysis to buy crypto.
Speaker 7: So I know a lot of people are always like
Speaker 7: you know, I struggle with technicals, struggle with reading charts.
Speaker 7: So I want to make this very simple. Just gonna
Speaker 7: take two minutes, and I want to make this very
Speaker 7: simple for people to be able to kind of understand, like, Okay,
Speaker 7: where should I be looking at Because there was a
Speaker 7: lot of things that was said, particularly about bigcoin during
Speaker 7: this time. We saw bitcoin back in the middle of
Speaker 7: May retrace back now all the way to about thirty thousand,
Speaker 7: And what I want to bring quickly break down is
Speaker 7: I'm looking at bigcoin to USD pair and I'm on
Speaker 7: a technical timeframe called the weekly and daily. I believe
Speaker 7: that everyone, if you're looking at the crypto space, you
Speaker 7: should be a long term investor. I'm not really into
Speaker 7: the traded I don't really like people to just trade
Speaker 7: frequently in the crypto space. I like people to be
Speaker 7: able to buy hole, make money, and invest. When we
Speaker 7: see the fifty to sixty percent downturns, because these fifty
Speaker 7: to sixty percent downturns are nothing new in the crypto space.
Speaker 7: The last time that bitcoin hit twenty thousand and twenty
Speaker 7: seven towards in the twenty seventeen it took a long
Speaker 7: time for bitcoin to get back to that price, But
Speaker 7: there was plenty of times where bitcoin dropped to four
Speaker 7: thousand and then it came back up to twelve thousand,
Speaker 7: So how can you capitalize off of that? And also
Speaker 7: how can you see things from a bigger timeframe? So
Speaker 7: taking a look at bitcoin to USD, one technical indicator
Speaker 7: that I would recommend for people to have is price.
Speaker 7: Price is your number one indicator. Mac the's RSIs all
Speaker 7: of these cator's lag price. So what do I mean
Speaker 7: by that? Without price? There is no Magde without price,
Speaker 7: there is no RSI without price, there is no bullet
Speaker 7: er Beard. So I'm gonna give a shout out to
Speaker 7: Ian Dunlap. There was a reason why he was speaking
Speaker 7: about that twenty eighty four hundred and forty four price.
Speaker 7: That was a major support level for bitcoin. So Ian
Speaker 7: just didn't pull that number out of nowhere. He pulled
Speaker 7: it from where he's seen. What he's seen a technical
Speaker 7: level that was going to be hard to break underneath.
Speaker 7: As we saw back here January fourth, this year, January eleventh,
Speaker 7: January eighteenth, January twenty fifth, every candle on the weekly
Speaker 7: timeframe accounts four week, so all these were weeks. So
Speaker 7: as we saw early on in the run of this
Speaker 7: last run of crypto, we saw crypto kept pulling back
Speaker 7: to that level that he was speaking on, that twenty
Speaker 7: eight thousand, four hundred level. So that was now we
Speaker 7: have bigcoin that hit sixty five thousand the top here
Speaker 7: and then it pulled back and to climb a little
Speaker 7: over fifty percent.
Speaker 5: Red red pain are gonna be mad at you too much?
Speaker 11: Too much?
Speaker 5: Give it away? It is is.
Speaker 8: Wait wait you know, oh we got lef on the
Speaker 8: lunch shut.
Speaker 5: Out, shout out to market, mondays shot.
Speaker 7: By bad I'm bad Ian, Yeah, but uh no for real. Now,
Speaker 7: So when we see price revert back to these levels
Speaker 7: multiple times, so we had about five six seven instances
Speaker 7: of price reverting back to this level and it does
Speaker 7: not break. We categorize that as a major support level.
Speaker 7: So for those that are new to looking at this chart,
Speaker 7: it's saying, yo, what is he even talking about? Trading
Speaker 7: view is the website that I'm using. Pull up BTC
Speaker 7: to USD, pull up the weekly timeframe, and start looking
Speaker 7: at major support and major resistance levels. So what we
Speaker 7: saw was we saw a break underneath a major support level.
Speaker 7: It reverted back to this major and it was sitting
Speaker 7: here for about two months. And so what you want
Speaker 7: to understand is that you want to be paying attention
Speaker 7: to technicals when you're looking at investing in the crypto space.
Speaker 7: You just don't want to be buying. Oh it's at
Speaker 7: sixty thousand, and I don't want to miss out, so
Speaker 7: let me just go buy. No, you want to find
Speaker 7: a good entry. Is it going to be the best entry?
Speaker 7: Is it not going to go lower? It could, but
Speaker 7: you put yourself at a better advantage when you're able
Speaker 7: to use technicals to define, hey, where I'm looking to
Speaker 7: enter at this specific price. So we had a combination
Speaker 7: of a major bounce here towards that end of July,
Speaker 7: and we saw coins like Solona, We saw a lot
Speaker 7: of cryptos turn back up, Ethereum Bitcoin, But it was
Speaker 7: a technical reason why. Now Here is where I took
Speaker 7: where I was telling people like yo, don't worry about
Speaker 7: the China stuff. You know, everyone was saying, oh my god,
Speaker 7: China's banning Crypto. A lot of that is smoke, guys
Speaker 7: with what's not being told to you on this media
Speaker 7: is those people that's sitting on CNBC. They missed a
Speaker 7: lot of this stuff. I'm gonna tell you a lot
Speaker 7: of those people on CNBC, and a lot of those
Speaker 7: people are lazy. They don't do the hard work. They
Speaker 7: have people who do it for them, and a lot
Speaker 7: of times their people miss stuff because lazy habits were off.
Speaker 7: And so what happens is what's the easiest way for me,
Speaker 7: me to be able to buy something fifty percent cheaper. Well,
Speaker 7: we got to start thinking who runs the media. These
Speaker 7: wealthy people, wealthy billionaires, people you ain't never gonna see,
Speaker 7: You ain't never gonna see their face. They run this country,
Speaker 7: they run these markets, and so it's important for us
Speaker 7: to understand. It's easy if they miss something to say,
Speaker 7: go out here and put this narrative out here for
Speaker 7: a month or two, guess what was happening all here.
Speaker 7: That's why every time it hit these that level, it
Speaker 7: kept bouncing because guess what institutions were buying? Billionaires were
Speaker 7: buying people were buying there, and so it's important to
Speaker 7: under stand a psychological aspect of investing in the crypto
Speaker 7: space and investing in general. It's a lot easier if
Speaker 7: I miss something. If I know I have the power
Speaker 7: to go on SEEINGBC and say, well cryptos you know
Speaker 7: going to zero or I embarrassed on crypto right now
Speaker 7: and it falls, it's an easy opportunity now if it
Speaker 7: falls fifty percent, because what I'm going to tell you
Speaker 7: is ninety percent of people in the world don't do
Speaker 7: the hard work. Only ten percent of people is actually
Speaker 7: going to go do the reading, do the homework, do
Speaker 7: the technicals, do all the hard stuff. So ninety percent
Speaker 7: of people sat and said, oh, CNBC said this, so
Speaker 7: sel and that's what happened. But guess what the ten
Speaker 7: percent come in and swoop that up. They take that opportunity.
Speaker 7: And so that's my point there with the technical piece,
Speaker 7: And why is the crypto market so volatile? This is
Speaker 7: one of the questions I always get. The crypto market
Speaker 7: is very volatile because a lot of times there's a
Speaker 7: lot of wea cans, there's a lot of people looking
Speaker 7: to get rich quick. When it comes to the crypto space,
Speaker 7: there's not a lot of strong hands in the crypto space.
Speaker 7: There's a lot of people look in at boom, how
Speaker 7: can I make this money today? And there's a lot
Speaker 7: of whales. So what is a whale. A whale is
Speaker 7: someone who holds a large amount and vast majority amount
Speaker 7: of crypto. So when the whales move, if there's someone
Speaker 7: who might own two to five percent of one coin,
Speaker 7: if they make a move, well guess what that's gonna
Speaker 7: drop that price. And so a lot of times when
Speaker 7: the whales make their moves, that creates a lot of volatility.
Speaker 7: One of the things that you'll see on Sundays typically
Speaker 7: Sundays a lot of times where you see a lot
Speaker 7: of the volatility. A lot of the red days typically
Speaker 7: happen on those Saturday nights and Sundays throughout the day.
Speaker 7: That's a lot of times where you'll see a lot
Speaker 7: more volatility in the crypto market. But this is a
Speaker 7: market that moves twenty four to seven guys. It never stops.
Speaker 7: And so it's important to understand that the cryptocurrency market
Speaker 7: is very volatile. I always tell people, if you don't
Speaker 7: really have a high risk tolerance, this is probably not
Speaker 7: the place and it's not to be discriminatory, but it's
Speaker 7: just to be honest and transparent. It's like, if you're
Speaker 7: not comfortable with the volatility, then you should be very
Speaker 7: careful investing in the crypto space, so you should have
Speaker 7: a high risk tolance in my opinion. Twenty seventeen Crypto lesson,
Speaker 7: It's to be quick. Twenty seventeen Crypto lesson taught me
Speaker 7: what I just explained to you about the analysts, about
Speaker 7: people talking on CNBC all of that. There was a
Speaker 7: lot of people that said crypto is going to zero,
Speaker 7: and those same people are the people now that's all
Speaker 7: bullish on cryptos. So guess what they were saying that
Speaker 7: because they didn't have a position in yet. So be
Speaker 7: mindful of these people that we think are trying to
Speaker 7: look out for us by telling you the truth, typically
Speaker 7: go the other way. If they're telling you they ain't
Speaker 7: buying or they're bearished, they're partypically doing that. If everyone's
Speaker 7: becoming bullish on crypto, that's where you should be weary.
Speaker 7: That's when you should and that's what happened in April.
Speaker 7: Everyone was bullished. We've seen Ethereum go to four thousand,
Speaker 7: we've seen bitcoin, go care about it. We've seen coins
Speaker 7: doing crazy stuff if they're in Classic went from like
Speaker 7: twenty bucks to one to eighty. We're seeing all kinds
Speaker 7: of crazy stuff. That's typically where you want to sell.
Speaker 7: That's typically where it's like, all right, I want to
Speaker 7: sell take some profits. You want to understand is that
Speaker 7: this is a this is a very dirty game. This
Speaker 7: is and this is the hardcore truth. This is a
Speaker 7: very dirty game. And in twenty seventeen I learned a lot.
Speaker 7: I invested in crypto before I even invested in stocks,
Speaker 7: and a lot of the crypto transactions and the players
Speaker 7: that I made put me in a position to be
Speaker 7: able to invest in stocks. But I look at the
Speaker 7: crypto space to be able to build your equity. If
Speaker 7: you are investing in those smaller coins to build your
Speaker 7: equity off of them, you don't want to be putting
Speaker 7: house money on them. So my twenty seventeen crypto lesson is,
Speaker 7: do not be afraid to take profit, and do not
Speaker 7: follow the masses. It is really key. Do not follow
Speaker 7: the masses. If everyone's telling you to buy this, buy that,
Speaker 7: go the other way. If your barber is telling you, hey,
Speaker 7: did you buy this? I'm buying that, but they ain't
Speaker 7: never had a conversation with you about investing a crypto before.
Speaker 7: Do you think that's something you should be doing. No,
Speaker 7: So you want to be wary of that. You want
Speaker 7: to be careful of that. That's really important. And the
Speaker 7: twenty seventeen lesson taught me is like, pay attention to, Yes,
Speaker 7: what's being said on the news, but also understand that's
Speaker 7: a lot of smoke. And that's not just the crypto market,
Speaker 7: that's the stock market and you know markets just in general.
Speaker 7: My top coins for people to watch in twenty twenty
Speaker 7: two one is chain Link. Chain Link is in ethereum
Speaker 7: based token. I would say for people to go research
Speaker 7: chain Link. You can find it in a ticket l
Speaker 7: I MK. That's one of the things that I would
Speaker 7: tell people to pay attention to and watch in twenty
Speaker 7: twenty two. Chain Link is one of those. Also, I
Speaker 7: would tell people as well to continue to watch XLMS
Speaker 7: Stellar Lumens. I would tell people to continue to monitor
Speaker 7: Stellar lumins. And those are just the two coins that
Speaker 7: I typically wanted to recommend for people to just take
Speaker 7: a look at some research on. And the last thing
Speaker 7: is Yo stay in the top ten to twenty crypto coins.
Speaker 7: Please don't start deviating into things that you don't know
Speaker 7: nothing about. Please pay attention. Ultimately, you got to understand
Speaker 7: that this space, like I said, is very volatile. You
Speaker 7: don't just want to be buying things because you feel like,
Speaker 7: oh my gosh, this is cheap and I can get
Speaker 7: a million coins of this coin. You want to stay
Speaker 7: away from that type of mindset. Focus on consistency, Focus
Speaker 7: on yo, I want to do this for twenty thirty years.
Speaker 7: I want to leave my kids big coin. I want
Speaker 7: to leave my grandkids great grandkids. I want want them
Speaker 7: to say, yo, I was you know, I was out
Speaker 7: there working. So have that mindset when you're investing in
Speaker 7: crypto space. Don't have the mindset of I'm gonna put
Speaker 7: I'm gonna leverage my mortgage, I'm gonna pull out all
Speaker 7: my savings, I'm gonna pull it all on Sheba. Like please,
Speaker 7: don't have that attitude because all it takes is one
Speaker 7: bad term for Sheba. And if you didn't learn it
Speaker 7: on dodge coin and it happens on Sheba, you should
Speaker 7: have learned your lesson the first time. She was going
Speaker 7: crazy right now? Yes, but it ain't gonna go crazy forever.
Speaker 7: And so that's all I wanted to say. I love
Speaker 7: e y L. I appreciate e Yl for always having me.
Speaker 7: You guys are honestly, this audience in this crowd is monstrous,
Speaker 7: and yo, like I love it. So Troy Rashad, thanks
Speaker 7: for having me.
Speaker 8: My dog, he said that. That's all I got to say.
Speaker 8: Standing ovation, man, Yo, round of applause for these two gentlemen.
Speaker 3: Please stand in ovation. Never been done this real by
Speaker 3: anybody ever on on on on this scale. That ever,
Speaker 3: well that's a fact. But Yo, this this is this
Speaker 3: is a like I said, we have a masterclass and man,
Speaker 3: this level of information. How much would would institutions and
Speaker 3: people pay pay for this? How many people? How much
Speaker 3: would they charge for this? Like this is ivy League
Speaker 3: level education for free. By the way, mind you, mind you,
Speaker 3: it costs you nothing.
Speaker 8: And I mean the two gentlemen obviously a brilliant and
Speaker 8: we said, like, yo, just scale down the piece and
Speaker 8: today had to pull back some of the information. So
Speaker 8: that just tells you the wealth of nowe that these
Speaker 8: two guys have incredible. It looks like when Shack and
Speaker 8: Coley did forty and forty.
Speaker 3: We're gonna go to Q and A. But before we
Speaker 3: go into Q and A, we just want to make
Speaker 3: an announcement alive. So if you just joined us, you
Speaker 3: know that Alistair first gentleman. He's the president of our
Speaker 3: Crypto club for ey University and Lawrence. He's twenty two
Speaker 3: years old by the way, wiz Kid, we just signed him,
Speaker 3: and he's a tenured professor. He's going to be teaching
Speaker 3: a class for Eyle University every single month, and he
Speaker 3: does not only he's.
Speaker 5: Doing crypto today, but he usually does stop that's what
Speaker 5: we're usually talking.
Speaker 3: Yeah, so he does he does stocks and crypto, but
Speaker 3: he usually does stocks. So he's tenured and he teaches
Speaker 3: a class. He's going to teach a class for Eyo
Speaker 3: University every every single month. Like I said, I mean,
Speaker 3: you got to look at higher education, and there's no
Speaker 3: higher education at Eyo University. So when you're looking at
Speaker 3: Harvard for eighty thousand dollars a year, NYU for sixty
Speaker 3: thousand dollars a year, you name it, Yale for seventy
Speaker 3: two thousand dollars a year, Northwestern for sixty five thousand
Speaker 3: dollars a year. EYL University seven hundred dollars a year,
Speaker 3: never going to be that price of again. The price
Speaker 3: is going up in two days, never going to be
Speaker 3: this price ever again, never again, where nowhere in the world,
Speaker 3: nowhere in the world, never never ever again. So yeah,
Speaker 3: it's nothing to sell. You've seen, you've seen, You've seen
Speaker 3: our work, and like I said, this is something that
Speaker 3: we do every single week. We have clubs inside of
Speaker 3: ey University. I do a financial planning call, Troy does
Speaker 3: the book club, movie club, we have a Facebook group,
Speaker 3: Matt does real estate. I mean, we've poured so much
Speaker 3: and we have two full time employees, we have tenured professors,
Speaker 3: and we're planning group activities this year. So yeah, I
Speaker 3: mean ey University. When we say it's the biggest ever,
Speaker 3: we're not just throwing that out there. It's actually we
Speaker 3: actually put a lot of time into this, and we
Speaker 3: formatted it and we have the correc people that's actually teaching,
Speaker 3: and we've actually it's not as easy as it looks
Speaker 3: to put together something like this, So.
Speaker 8: I'm glad you said that. So I just want to
Speaker 8: shout out to some of the people behind the scenes.
Speaker 8: Shout out to Janet. She is the e y L
Speaker 8: Ambassador President. She runs everything and shout out to our
Speaker 8: new hire Madgie that we met today inside of the Chester,
Speaker 8: Shout to Magi, Shout to all the women that help
Speaker 8: and make.
Speaker 4: Sure that e y L University is what it is.
Speaker 3: And shout to all the club leaders. I wasn't able
Speaker 3: to make that call with another call, but talk about women,
Speaker 3: shout women leader, all the club leaders. So take advantage
Speaker 3: of it, man, Like I said, you know, if you don't,
Speaker 3: if you don't invest in your education, what are you
Speaker 3: investing in? So go to EYO University dot com right now,
Speaker 3: sign up. The link is Penneding YouTube. There's nobody has
Speaker 3: ever offered this much value for this price point. Never,
Speaker 3: It's never been done ever in history, never, nobody ever.
Speaker 3: So let's get into some questions. This is another part
Speaker 3: of the ey University experience where it's different from the podcast,
Speaker 3: where people actually get to ask questions and and it's
Speaker 3: an interactive experience.
Speaker 5: So yes, let's get if we can.
Speaker 4: Aaron, we're coming to you. I mute yourself. You've been muted.
Speaker 4: What's going on?
Speaker 9: Fellas doing very well?
Speaker 4: First off?
Speaker 5: I want to say.
Speaker 9: Y'all both killed it tonight and Lawrence respectfully, you put
Speaker 9: up a hot well, Chamberlain, My goodness, My goodness. So
Speaker 9: I had a question about staking. I don't know which
Speaker 9: of you would like to answer, but I have bt C,
Speaker 9: E E T, h ady A and link. I'm staking
Speaker 9: eighty a with red Panda shout out.
Speaker 5: But I was looking to see.
Speaker 9: I want to steak as much as possible because I'm
Speaker 9: in them all long term, so it's not like I'm
Speaker 9: going to be accessing them anytime soon. Is this something
Speaker 9: where I'm having to get different wallets or use different
Speaker 9: platforms to steak each or is there a way that
Speaker 9: I'm able to consolidate, make it a little bit easier
Speaker 9: and use one platform if that makes sense.
Speaker 6: Sure I can. I can start up.
Speaker 10: So right now you're stacking Ada with red Panda, and
Speaker 10: you're probably doing that for either the your roy wallet
Speaker 10: or the data list wallet. But there are some Yeah,
Speaker 10: there are some platforms that allow you to steak on them, so,
Speaker 10: like I know, Finance is one of them. That's if
Speaker 10: you want to go decentralized route. But if you do
Speaker 10: it the decentralized route, there are not many different platforms
Speaker 10: that allow you to steak the same token. So for example,
Speaker 10: you can't steak eth with the euroy wallet. Now, one
Speaker 10: option if you do have ethan you want to steak
Speaker 10: it is litle that's spelled l I d oh lito.
Speaker 10: So that's one that I use when for staking eth.
Speaker 10: Uh BTC bitcoin is not a proof of steak coin,
Speaker 10: so you can't stake it. But another option if you
Speaker 10: want to do this is you can actually use a
Speaker 10: platform like block five and they will give you interest
Speaker 10: on your bitcoin. And for link link there is no
Speaker 10: staking on link at the moment. So that's uh, just
Speaker 10: a little bit of information for you.
Speaker 5: There.
Speaker 4: You have it perfect.
Speaker 5: Thank you so much.
Speaker 4: I appreciate it. Thank I appreciate you.
Speaker 5: Thank you, brother, appreciate you.
Speaker 4: Proof of steak, proof of steak. You think it is
Speaker 4: about to go to proof of steak.
Speaker 3: Shout out to the good folks at by the Hood.
Speaker 3: Those are my guys in Philly.
Speaker 6: Shout out to them.
Speaker 4: Leon, were coming to you. I mute yourself. You've been unmuted.
Speaker 4: What's going on?
Speaker 5: Shout to Daryl on a super chat. What's going on? Brother?
Speaker 4: Everything good?
Speaker 5: So what's you buoy coins? Say?
Speaker 11: Whether it be bitcoin theory, car Donald, whatever, what do
Speaker 11: y'all say, is the next steps or the next level that.
Speaker 5: You should go to?
Speaker 4: You said after you purchased coin.
Speaker 8: Yeah, yeah, I mean I would say security, I'll like Lawrence.
Speaker 7: Besides security, yeah, I would say, depending what the brother
Speaker 7: just asked before, it is key if you do have
Speaker 7: opportunity to steak, you can depending on what platform, if
Speaker 7: there is ability for you to stake. I would say
Speaker 7: that the answer I was going to give would be
Speaker 7: the security security piece, okay, And then also having a
Speaker 7: structured plan, which is something that I didn't get a
Speaker 7: chance to touch on, but having an exit point, because
Speaker 7: I think one of the biggest things that people don't
Speaker 7: have is having an exit point. So people are like, Okay,
Speaker 7: it's going to the moon, but you haven't taken any profit.
Speaker 7: So scaling in and scaling out of the position for
Speaker 7: me would be really key. To tell people. It's like
Speaker 7: having a target price, like it might whatever that price
Speaker 7: is in your head's gonna be different person to person.
Speaker 7: But being willing to take profit, I would say, is
Speaker 7: that that next piece and having a plan in place
Speaker 7: to say, all right, this is where I'm looking to
Speaker 7: take a little bit off the table. This is where
Speaker 7: if it goes down, it might add because what happens
Speaker 7: is so many times people are like, Okay, well I'll
Speaker 7: put the money in, I'm just gonna wait for it
Speaker 7: to appreciate, and then you get one hundred percent or
Speaker 7: two hundred percent return. But then you have an exited
Speaker 7: So I would say having a proper exit and an
Speaker 7: entry pattern as well too if it does go to
Speaker 7: the downside, where you might start dollar cost averaging. So
Speaker 7: that's what I would say.
Speaker 11: Now, how does that play into texts as far as
Speaker 11: taking profit? As far as them you know the uh,
Speaker 11: I guess I rs? Yeah, irs? How does that play
Speaker 11: in today? That's why it's taking profit?
Speaker 7: Yeah, So there's honestly it's a different person to person.
Speaker 7: Of course, is going to depend on if it's a
Speaker 7: short term more long term capital gains tax and that's
Speaker 7: something that people need to be weary of when they
Speaker 7: are trading out of these cryptos short term, and even
Speaker 7: if you are transitioning from one crypto to another, that
Speaker 7: is a taxable event. So when you're on coinbase and
Speaker 7: you transfer from ethereum to bitcoin, that is a taxable event.
Speaker 7: So you want to understand that as well too. And
Speaker 7: I think that's one of the things that kind of
Speaker 7: gets people a little bit confused on the tax side.
Speaker 7: I would tell I always tell people I'm not a
Speaker 7: tax professional, to go talk to your financial advisor and
Speaker 7: your tax professional because they're going to give you more
Speaker 7: information based upon your personal case. But I always tell
Speaker 7: people to be mindful of that and please be sure
Speaker 7: to put money aside when you do make money to
Speaker 7: pay your taxes.
Speaker 11: Yeah, that was my next question, since you put money
Speaker 11: inside taxes.
Speaker 7: Yeah, put money aside and pay your taxes. So that's
Speaker 7: the first thing that you do with any investment, putting
Speaker 7: money inside to pay your taxes. So that's going to
Speaker 7: be key. Having a separate account for that savings account,
Speaker 7: whatever you want to have for that. Pull that money
Speaker 7: out and make sure that you have that aside to
Speaker 7: pay your taxes at the end of the year, because
Speaker 7: the irs will want that.
Speaker 3: Leon appreciate you, bro, that's it all right, they gonna
Speaker 3: want their money range sleep and snow.
Speaker 8: The fact man, that goes for crypto and that goes
Speaker 8: for the stock market as well. Man, make sure it's
Speaker 8: cool to have gains, but make sure that if you
Speaker 8: are taking profit, that you are aware that there will
Speaker 8: be a penalty called tax right, So it's either going
Speaker 8: to be short term, it's going to be long term.
Speaker 4: The year in the day. We always tell people long term.
Speaker 8: If you're going to hold an asset, make sure it's
Speaker 8: the end of the day, so it's long term capital gain.
Speaker 8: If you do anything under a year in the day,
Speaker 8: it is short term capital gains.
Speaker 6: Please add something to that as well. Yeah.
Speaker 10: One strategy some people would use is they would actually
Speaker 10: borrow against their assets so they won't have to sell
Speaker 10: it and won't have to go through the taxable events.
Speaker 10: So that's when strategy that I know a lot of
Speaker 10: people use. I actually use that myself. Instead of selling
Speaker 10: my bitcoin, I would borrow against it if I need
Speaker 10: the cash for something, So that allows you to avoid
Speaker 10: those those taxable events.
Speaker 4: I know you talk about loaning out some of your coins.
Speaker 4: Does that apply to that as well.
Speaker 10: Uh no, if you loan your well, if you loan
Speaker 10: your coins out and you get a interest on that,
Speaker 10: I'm not gonna say yes or no. I got a
Speaker 10: check in with my accountant first before I give any
Speaker 10: But I know for borrowing against it, uh, you don't
Speaker 10: go through that taxable event.
Speaker 5: Let me ask you guys, both you guys.
Speaker 3: For people that's just starting out and they you know,
Speaker 3: they might not feel comfortable with the nano legend and
Speaker 3: stuff like that. Coinbase is you know, an easy way,
Speaker 3: do you are? Is it a good idea to have
Speaker 3: your cryptocurrency held on Coinbase?
Speaker 7: I say, I say no. And the reason why I
Speaker 7: say no is I've seen it go wrong a lot
Speaker 7: of times where people get locked locked out of their
Speaker 7: their coin Base account, haven't been able to get back in.
Speaker 7: Coinbase had a lot of issues in the past and
Speaker 7: still does have a lot of issues. I tell people
Speaker 7: it's always best to have it on your own device
Speaker 7: for you to be able to control it. Coin Base
Speaker 7: is just a means for you to exchange, so when
Speaker 7: you're ready to purchase or you're ready to sell, you
Speaker 7: can send it back to coinbased sell take your money,
Speaker 7: or after you purchase Boom, you send it to the
Speaker 7: ledger the store. And I just always want people to
Speaker 7: be protected in the space because there is no one
Speaker 7: to call when things go wrong. And that's my reasoning
Speaker 7: behind me saying that.
Speaker 10: Yeah, so the saying not your keys, not your cheese.
Speaker 10: Shout out to Isaiah Jackson for that one, but yeah,
Speaker 10: it's best not to keep your coins on an exchange.
Speaker 10: But one thing I'm going to add is if you're
Speaker 10: going to have your coins on a Ledger or something
Speaker 10: like that, please because none of us have promised tomorrow,
Speaker 10: so please make sure you have a plan just in
Speaker 10: case you're not able to get to your coins. If
Speaker 10: you have some loved ones that would you be able
Speaker 10: to use those coins if for some reason you're no
Speaker 10: longer able to, Like I've heard stories of people who
Speaker 10: passed away and their family weren't able to get to
Speaker 10: their assets. So if you're going to use a ledger
Speaker 10: or something like that to store your assets, please have
Speaker 10: a plan in place just in case, you know, something happens.
Speaker 8: Yeah, yeah, yeah, Lawrence, it's still I mean, we had
Speaker 8: the nano ledger in twenty seventeen. Is it still the
Speaker 8: process with the ess and to ask where it's like
Speaker 8: a twenty question code and another password that you got.
Speaker 4: To go into it is same thing.
Speaker 5: Yeah.
Speaker 7: So it's still the same process with the with the
Speaker 7: cold giving you the cold set up and the question
Speaker 7: and the questions are that So it's the same process.
Speaker 8: Yeah, And that's one of the things I did the
Speaker 8: first thing I did was obviously create the code and
Speaker 8: then took a picture of the actual twenty word password.
Speaker 4: And then in the event and I'm glad I asked her.
Speaker 8: You said that in the event that anything happens to me,
Speaker 8: my loved ones had access to that, just in the
Speaker 8: event that something happened to me, or you know, sometimes
Speaker 8: you forget things and it's like, oh, I lost it.
Speaker 4: You had to back up.
Speaker 8: Some people put it in a safe deposit box as well,
Speaker 8: so that that's another way you got the storage, and
Speaker 8: now you have it locked inside storage.
Speaker 4: Let's go to Let's go to Winston. Winston, we're coming
Speaker 4: to you. I mute yourself. You've been unmuted. What's going on?
Speaker 6: Good evening.
Speaker 5: Yeah, you got locked Sure I can get it because
Speaker 5: I had That's a fact.
Speaker 4: That's what I got locked out of. I got locked
Speaker 4: out of.
Speaker 8: Finance and then I got in there and it was like,
Speaker 8: you got three days to get all your assets off
Speaker 8: this platform from the United States.
Speaker 5: I'm like, what logged into coin base.
Speaker 8: That's a whole nother time.
Speaker 4: Winston, what's up, my guy?
Speaker 5: Hey y'all.
Speaker 12: I just want to say thank y'all. Troy Rashat thank
Speaker 12: y'all for everything. Really appreciated Lawrence. Yeah you put up, Yeah,
Speaker 12: you put up one hundred points tonight. Man the shoes
Speaker 12: he was on fire. Is that the shoes and alistair
Speaker 12: Man appreciate you. Thank you everything you're doing. I know
Speaker 12: you didn't get to it tonight. I just wanted to
Speaker 12: ask you about the dial situation and specifically with Wu
Speaker 12: Tang and.
Speaker 6: How that could be a benefit to our community in particular. Definitely.
Speaker 10: So that's one thing we think as a collective, especially
Speaker 10: of people who are looking to invest, is to really
Speaker 10: look into dows and a doubt is a decentralized autonomous
Speaker 10: organization and it's just a new way for people to
Speaker 10: collectively come together and pool their money and invest.
Speaker 6: And that's what that dow did.
Speaker 10: They came together, well, this is a dow they invested in,
Speaker 10: they invest in NFTs. But what they did is because
Speaker 10: they have so much of their money pooled together, they
Speaker 10: were able to go and buy that Wu Tang album
Speaker 10: and now they own the Wu Tang album. But thats
Speaker 10: are a very powerful concept because it's really all about
Speaker 10: groups coming together and working together towards a goal. So
Speaker 10: in the same way that Eyl does like we were
Speaker 10: able to, you know, join EYL and start clubs like
Speaker 10: you know, I founded the Crypto Club. There's also the
Speaker 10: Real Estate Club. There's all these different clubs, but there's
Speaker 10: this one focused goal of education and making sure that
Speaker 10: each one can teach one. So DOWS allow for that
Speaker 10: to happen in a way that was never before done.
Speaker 10: So if so, definitely looking too DOWS. That's d a
Speaker 10: O Decentralized Autonomous Organization.
Speaker 7: O.
Speaker 13: God, hey y'all see that. Okay, let's go, let's go
Speaker 13: to let's go to carry carry.
Speaker 4: What's going on? I mute yourself? You've been unmuted. What's
Speaker 4: the deal. It's been a while since I done. Oh hey,
Speaker 4: what's up?
Speaker 7: I get to get to see you guys tonight.
Speaker 5: I do have a question about Uh.
Speaker 7: Crypto is very viola talent. It goes up and down rapidly.
Speaker 7: Should we all be setting be setting stop losses when
Speaker 7: the market is going up so that we don't lose
Speaker 7: our investment.
Speaker 12: Or should we be holding long for bitcoin and ethereum
Speaker 12: and just riding the waves of the ups and downs?
Speaker 6: Yeah?
Speaker 7: I think I think one of the things that I
Speaker 7: would say, honestly when it comes to like trading crypto,
Speaker 7: it depends on what style you're using. If you're more
Speaker 7: so trading someone who's technically sound, they may get in
Speaker 7: and out based upon technical levels. I believe that everyone
Speaker 7: should be long term, but I don't think everyone should
Speaker 7: hold through fifty percent drops. I think that depending on
Speaker 7: where you got in is going to determine your exit point.
Speaker 7: I would say you want to be mindful of buying
Speaker 7: near tops. You want to try to buy where you
Speaker 7: see those five, ten, fifteen percent drop offs. And then
Speaker 7: also you want to set price alerts. So bitcoins right
Speaker 7: now is at fifty eight thousand, you might want to
Speaker 7: set a fifty three thousand price alert because that might
Speaker 7: be a voice huh.
Speaker 4: I'm so ghad.
Speaker 7: That might be a price that you might be interested
Speaker 7: in purchasing bitcoin long term, So you want to have
Speaker 7: your price alert said definitely, you want to be mindful
Speaker 7: just to kind of get notified. One of the apps
Speaker 7: that you can actually use to set your your price
Speaker 7: alerts would be Yahoo Finance. You can also do that
Speaker 7: on coinbase as well too. Bet it to notify you boom.
Speaker 7: You know, as soon as that price hits it notifies
Speaker 7: you and said your target prices, reach trading view if
Speaker 7: you're using a trading view software, and it'll send you
Speaker 7: those price alerts and those updates. Which is really really
Speaker 7: key when it comes to investing in trading in a
Speaker 7: cryptical space, is just staying up to date, like you said,
Speaker 7: because it is a very volatile market, a lot of
Speaker 7: things can happen and change overnight. Sometimes you can wake
Speaker 7: up and you made a lot of money. Sometimes you
Speaker 7: wake up and it's not looking so good. So that
Speaker 7: would be what I would say.
Speaker 4: All right, thank you for that, Thank you, appreciate you, Karin.
Speaker 5: Yes, yes, yeah, let's try to get a few more.
Speaker 4: Let's let's go to Deep Priced. We're coming to you.
Speaker 4: I mute yourself, you've been unmuted. What's going on? Deep Price?
Speaker 4: What's going on?
Speaker 5: Fellas?
Speaker 4: Everything? Great? How you?
Speaker 5: How you? I'm good man.
Speaker 4: I would just want to just give all y'all flowers.
Speaker 7: Man.
Speaker 14: I don't even really got no question. I've been in
Speaker 14: the crypto game since twenty seventeen, so you know, salute
Speaker 14: to you, Lawrence, and adas to everybody you know.
Speaker 5: Uh are you are you in the crypto club? Are
Speaker 5: you all university?
Speaker 4: I don't think so.
Speaker 7: My wife had joined.
Speaker 8: So I'm just really just like you did the Netflix
Speaker 8: b Hey, you know, hey.
Speaker 10: But we're always looking for people to join. There's never
Speaker 10: enough and there's never enough knowledge being shared. So like
Speaker 10: if you can, you know, come through and just share
Speaker 10: what you know. You've been in this since twenty seventeen,
Speaker 10: so I'm sure you have some knowledge and some experience
Speaker 10: that you can share with, you know, with some of
Speaker 10: the other people in the club, and shout out to
Speaker 10: Winston and Justin and Mika and Chelsea and Teddy and
Speaker 10: everybody else in the club who's like being in here sharing. Yeah,
Speaker 10: they're all in here and sharing and like helping me
Speaker 10: do what I do every every Friday for the Crypto Club.
Speaker 10: So shout out to them.
Speaker 5: How did they? How do they? How do they join
Speaker 5: the Crypto Club? Well that's a question.
Speaker 3: You know, it's ten thousand people in Euy University, so
Speaker 3: everybody might not be we do orientation, but if anybody
Speaker 3: ask any Euy University you can think about joining.
Speaker 5: How do they? How do they join the Crypto Club?
Speaker 5: Once the inside at UI University.
Speaker 10: So once you're inside, you'll get a link to the
Speaker 10: telegram and then you'll be able to join the Telegram,
Speaker 10: but we are moving to Discord because we have a
Speaker 10: lot more power in terms of controlling, in terms of
Speaker 10: even just in terms of functionality, like when we move
Speaker 10: to Discord, we'll have private calls for uh for our
Speaker 10: crypto club, and but in terms of joining, just when
Speaker 10: you're on the Facebook group, reach out to me, reach
Speaker 10: out to Justin, reach out to Mika, and then we'll
Speaker 10: give you the link to the telegram channel so you
Speaker 10: can join.
Speaker 4: Then things that go out.
Speaker 14: Yeah, I did want to say I am on Voyager.
Speaker 14: I keep a certain amount on Voyager because they do
Speaker 14: offer like a monthly interest payment. The majority of my
Speaker 14: coins are on a nan A ledger, So if anybody
Speaker 14: is interested in that, feel free to you know, go
Speaker 14: to Voyager and look it up. I know Lawrence had
Speaker 14: mentioned that it's one of the ones on the platform.
Speaker 14: Also Troy, Man, let's get this, Jordan one of them.
Speaker 4: Man ah yeah, yeah, yeah, I just I just saw
Speaker 4: my DM Yeah yeah, he saw what I had up
Speaker 4: there on Monday.
Speaker 6: Right.
Speaker 7: Well, you know, man, let me know, Man, I'm in
Speaker 7: a d and hit me up.
Speaker 8: I got a colorway I have in mind. I got you,
Speaker 8: I got you for real, all right, bro, all right,
Speaker 8: it always comes back to sneakers. It always comes back. Yeah,
Speaker 8: real quick, because I want I want to talk really
Speaker 8: quickly about that ethereum two point zero because we looked
Speaker 8: at the stock of floe for bitcoin, and when people
Speaker 8: say we can see it get to one hundred thousand,
Speaker 8: you literally showed us why people are saying that. Are
Speaker 8: you comfortable saying where you think etherium can go after
Speaker 8: the two point oh was lunch?
Speaker 10: Am I comfortable saying that I'll take at least ten thousand?
Speaker 10: That's where I would put it at at least ten thousand,
Speaker 10: And that's me being I'm saying back in a little bit,
Speaker 10: I think it can go. Look, but I'm saying ten
Speaker 10: thousand just to be on the safe side.
Speaker 4: Long so are we're thinking ten thousand?
Speaker 7: I was talking to Jamal the other day and we
Speaker 7: was talking about that, and I could see it going
Speaker 7: to ten thousand. I know that some analysts got that
Speaker 7: price target. I think with ethereum two point zero, I
Speaker 7: could see it going to ten thousand. It's still very early.
Speaker 7: The circulating supply, like I said, only one hundred and
Speaker 7: eighteen million, and crypto is still new. Guys, there's not
Speaker 7: a lot of people in this space, as much as
Speaker 7: like people may think it's talked about a lot now,
Speaker 7: but this is still a baby, like, this is still
Speaker 7: a newborn baby space. As much as we've seen the
Speaker 7: price of bigcoin grow and appreciate and ethereum, Ethereum is
Speaker 7: just getting started. So I could see that's my price
Speaker 7: target over the next two to three years is ten thousand.
Speaker 3: Oh, let's do this. Before we get to the one
Speaker 3: last question. I want to talk about EU University again,
Speaker 3: but I don't want to talk about it. I want
Speaker 3: to actually ask you guys because Alistair, first and foremost,
Speaker 3: thank you for your service. You're pioneered and you're the
Speaker 3: president of Crypto Club. So can you just explain explain
Speaker 3: the Crypto Club? Because the Crypto Club is inside of
Speaker 3: Eyo University and it's something that you know has become,
Speaker 3: you know, something that is very very valuable for Eyo University.
Speaker 3: But can you just you know, explain it a couple
Speaker 3: of minutes, Like, what is the Crypto Club?
Speaker 5: What do you guys do? How often do you meet
Speaker 5: all of that stuff?
Speaker 6: Yeah?
Speaker 10: Sure, so yeah, and this is the power of Like
Speaker 10: I raised my hand and said yeah, I want to
Speaker 10: I want to start the Crypto Club, and you guys said, yeah,
Speaker 10: go ahead. So we've been doing this since February and
Speaker 10: we have calls every first and third Friday where we
Speaker 10: go over news, we go over different topics, we talk
Speaker 10: about different strategies. So we talked about differentategies that you
Speaker 10: can use in D five. We talked about NFTs, different
Speaker 10: NFT platforms, different NFT research topics. We also do collaborations
Speaker 10: with other clubs. We actually did a collaboration with the
Speaker 10: Real Estate Club and that was that one was fire
Speaker 10: because we really went deep into different UH strategies for
Speaker 10: you know, using your crypto assets to to you know,
Speaker 10: earn a return and put that return into real estate
Speaker 10: so and then even and so the goal of the
Speaker 10: club really is to educate people about the usage of
Speaker 10: crypto and how they can benefit from it, and to
Speaker 10: also give a spotlight to some entrepreneurs who are in cryptos.
Speaker 10: So we've had a couple of guests, and we've had
Speaker 10: Chad Copeland who's been on our show, who's doing some
Speaker 10: big things in terms of education. We've had my brother
Speaker 10: Vernon Jay, who's doing some great things when it comes
Speaker 10: to combining crypto and real estate like tokenizing uh real
Speaker 10: estate assets. And we also we also have a couple
Speaker 10: of other guests coming on. We have eric An from
Speaker 10: Audacity Fund, which is a black VC crypto fund, so
Speaker 10: they're investing in black entrepreneurs who are doing things in crypto.
Speaker 10: So yeah, it's all about education and just giving a
Speaker 10: spotlight two people and yeah, like this, that's pretty much
Speaker 10: the Crypto Club. So you know, check it out, join
Speaker 10: and if you want to contribute, if you want to
Speaker 10: build it out, if you have some ideas on where
Speaker 10: we could take it, or we're open to hearing those ideas. Yeah,
Speaker 10: that's that's pretty much it.
Speaker 8: Hey, Alison, they said, don't forget about the special NFT
Speaker 8: drops that y'all do.
Speaker 10: The NFT drop so yeah, definitely. So one thing we've
Speaker 10: done in the past is we've given out free NFTs
Speaker 10: to people who may have never had a wallet in
Speaker 10: the first place, but this was their first for rate
Speaker 10: into crypto. So we said, you know, we're going to
Speaker 10: give you an NFT for joining us for a specific session.
Speaker 10: We're actually we're actually going to give away an NFT
Speaker 10: tonight as well. So if you're tuned in, if you're
Speaker 10: tuned in breaking tuned in. Yeah, So if you're in
Speaker 10: the chats right now, we have Justin in the chat,
Speaker 10: we have Winston in the chat, please reach out to them,
Speaker 10: and then we're going to get you your special POE
Speaker 10: app NFT proof of attention to show that you were here,
Speaker 10: you're with us tonight.
Speaker 6: So yeah, definitely. So now we do a lot of different.
Speaker 5: Things, that's the thing.
Speaker 3: And it's like, you know, no matter how good of
Speaker 3: a presentation you can give, you're not gonna be able
Speaker 3: to learn everything about cryptocurrency in two hours. But the
Speaker 3: whole point of it is, you know, you start to
Speaker 3: learn it. It's like a foreign language. You can't learn
Speaker 3: Spanish with just one masterclass, but you know, you can
Speaker 3: learn it if you take two classes a week or
Speaker 3: one class a week, or you start to familiarize yourself.
Speaker 3: So the whole point of EYL is to get you
Speaker 3: on the path of learning. And that's whether you you know,
Speaker 3: go through the rabbit hole of YouTube or Instagram or whatever,
Speaker 3: you just learn, most importantly, just learn eyo Versity school
Speaker 3: was just created just as an accelerated program.
Speaker 5: So I like to look at it like we have
Speaker 5: public school in private school, public school.
Speaker 3: You know, nobody has ever given out as much free
Speaker 3: information as we do every single day on the public
Speaker 3: school side.
Speaker 5: And that's for anybody.
Speaker 3: You can watch Market Mondays, you can listen to our podcast,
Speaker 3: you can check our Instagram grants and gym podcasts, you
Speaker 3: know ash Cash podcast. But some people need, you know,
Speaker 3: a more specialized education, which is private school and that's
Speaker 3: Eyo University. And this is something that you know, we
Speaker 3: have the crypto clubs and you know, we have meetups
Speaker 3: and we have different things that you know, get to
Speaker 3: ask questions and stuff like that. So that was the
Speaker 3: idea of the education no check, no no person will
Speaker 3: be left behind. Even if you you know you're not
Speaker 3: able to afford it, you know, we still we still
Speaker 3: going to provide your information in this public school. But
Speaker 3: you know, some people just want to accelerate their their
Speaker 3: learning curve and that's the private school out But there's
Speaker 3: no private school that costs seven hundred dollars for the year.
Speaker 3: I tell you that much because I went to private school.
Speaker 3: So yeah, so you know this is something that you know,
Speaker 3: you know, we uh and we and we like to
Speaker 3: promote from within. So like Janet, if you watch market. Mondays,
Speaker 3: you know Janet. Everybody knows the story with that. Janet
Speaker 3: was somebody that was a paid member of Eyle University
Speaker 3: and she had a great job at Fidelity. She was
Speaker 3: making a lot of money at Fidelity, and we just
Speaker 3: sort of value in her and we paid more than
Speaker 3: Fidelity was paying her, and we brought her in as
Speaker 3: you know, the person that's really running Eyo.
Speaker 5: University these days now.
Speaker 4: She loves what she does.
Speaker 3: Yeah, and she needed help because it became overwhelming. So
Speaker 3: then we hired another another black woman that was Eyle
Speaker 3: University member.
Speaker 5: We hired her.
Speaker 3: Shout out to her and then so yeah, like Alistair,
Speaker 3: he just was showing a lot of promise and was like,
Speaker 3: y'all want to start the Crypto club. So it's like,
Speaker 3: all right, instead of getting somebody from the outside to
Speaker 3: start the crypto club, why not that? And then it's like,
Speaker 3: you know, we have a huge platform. So today over
Speaker 3: fifty seven hundred people was watching this on YouTube. We
Speaker 3: probably get like sixty thousand views in a week. And
Speaker 3: it's like, all right, this is an opportunity where they
Speaker 3: can actually you know, get their voice out and be
Speaker 3: heard on a on a on a world level and
Speaker 3: you should definitely follow these gentlemen on Instagram. And you know,
Speaker 3: so that's how we really, that's how we've always done
Speaker 3: is like groople economics, and it's like we've done that
Speaker 3: from day one. We've helped a lot of people, you know,
Speaker 3: build their platforms, and we've hired a lot of people,
Speaker 3: and we you know, pay people for their services, whether
Speaker 3: it's the people that do flyers for us, our videographers, everybody.
Speaker 3: You know, a lot of times people don't fully understand that,
Speaker 3: like it's a business. It's not just like, you know,
Speaker 3: we just get up here and just start rambling, Like
Speaker 3: it's a business that's actually thought about. And ninety percent
Speaker 3: of the people that we actually work with and hire
Speaker 3: and promote and we you know, give opportunities to and
Speaker 3: give voices to our black people that would not have
Speaker 3: opportunity to have their voice heard. Before this, there was
Speaker 3: no there was no outlet that was given black people
Speaker 3: a voice to speak unless unless they were, you know,
Speaker 3: was on CNBC. And like how many people can do that,
Speaker 3: maybe one or two and you have to have you know,
Speaker 3: an Ivy League degree, you got to work for a
Speaker 3: hedge fund. We're not saying none of that. You know,
Speaker 3: if you can speak and you know the information, it
Speaker 3: doesn't matter where you went to school. It doesn't matter
Speaker 3: if you went to school. That doesn't matter. That stops people.
Speaker 3: A lot of times, you know, there's barriers of injury
Speaker 3: that stops people. But we created a platform where we
Speaker 3: can do whatever we want to do, so we don't
Speaker 3: have to answer to anybody. So you know, this, this
Speaker 3: institution that we've created has given the opportunity for people
Speaker 3: to spread their voice all over the world. Were going
Speaker 3: to Africa tomorrow and you know when we started on
Speaker 3: your Leisia, we started it in my office first and
Speaker 3: Den Troy's dining room with iPhones, and we was as
Speaker 3: local as you know, a half a mile radius. And
Speaker 3: now you know, we going to Africa and we got
Speaker 3: you know, strong support in Nigeria, a second biggest market
Speaker 3: outside of America. We're going to Egypt doing a networking
Speaker 3: event at the top of the rich Carlton. I say
Speaker 3: that to say like, it's just a level of inspiration
Speaker 3: and motivation I think that everybody can off from because
Speaker 3: you know, we just regular people. We didn't have any
Speaker 3: any special advantage. I was working in finance. Troy was
Speaker 3: a gym teacher, So you know, if that's like, you
Speaker 3: know what I'm saying, If if we can, if we
Speaker 3: can do this and become the top business platform in
Speaker 3: the world, anybody can do it. So I say that
Speaker 3: to say eyl University. Eyo University is something that we're
Speaker 3: extremely proud about.
Speaker 5: So you know, join.
Speaker 3: We want to see everybody. Everybody joined Eyo University. We
Speaker 3: got the flash sale running. It's seven hundred dollars for
Speaker 3: the year. It's a yearly subscription seven hundred, but once
Speaker 3: you get in, you're locked into that rate no matter
Speaker 3: how much. It started at ninety nine dollars, so it's
Speaker 3: like a stock. It keeps going up in price. But
Speaker 3: once whatever price here, some people pay ninety nine dollars
Speaker 3: still a year, and they'll pay ninety nine dollars forever.
Speaker 3: So you know, you lock your membership in, you get
Speaker 3: all of the access, you get discounts to invest fast,
Speaker 3: all of that stuff.
Speaker 5: So you know, we love to see you.
Speaker 3: Go to eyuniversity dot com, click the link in the description,
Speaker 3: click the link on YouTube and check us out.
Speaker 8: Yeah, I just want to add to this man because
Speaker 8: I want to thank these two gentlemen, Alis, there has
Speaker 8: been incredible to watch your ascension from being in our
Speaker 8: book club was our original club. But I also want
Speaker 8: to talk about Lawrence because when we met in Atlanta,
Speaker 8: he came to pull up on us at our Revolt meetup,
Speaker 8: and one of the things I said with him was, look, yeah,
Speaker 8: you're twenty two, but without people like us building a platform,
Speaker 8: where would you be able to shine? And I just
Speaker 8: want to just tell him, like I told him that
Speaker 8: public publicly, but I want to say it to everybody
Speaker 8: because there's another kid who might be fifteen sixteen right
Speaker 8: now who now has an outlet to be brilliant and
Speaker 8: he's not playing sports and he doesn't wrap, and there's
Speaker 8: nothing wrong with that, But there are other people out
Speaker 8: here that have brilliant and have a brilliant mind and
Speaker 8: have no platforms or no way to share it or
Speaker 8: even hide it, right they even hide it least no
Speaker 8: platform to explain it. And so like I want to
Speaker 8: encourage you. Yeah, you see a twenty two year old prodigy,
Speaker 8: but there's a twenty two year old prodigy that's in
Speaker 8: our YouTube. There's a fifteen year old one. There's a
Speaker 8: fourteen year old prodigy right now, and so I encourage
Speaker 8: you to be a part of a community that highlights you,
Speaker 8: that celebrates you, and that encourage you to be great.
Speaker 8: And so that's what we've built here and we're very
Speaker 8: proud of that. And to see people that look like
Speaker 8: us talking at this level right that was one of
Speaker 8: the things I took from Jamaica was they said, look,
Speaker 8: we've never seen black man talk like that. We've never
Speaker 8: seen somebody with so much intellience talk like that. I'm like, Yo,
Speaker 8: there's a whole gang of people around us that are
Speaker 8: talking like that. And so welcome to the family that
Speaker 8: everybody that's joining and everybody that's watching on YouTube. Man,
Speaker 8: welcome to the family. Because y'all family, y'all know, y'all
Speaker 8: here with us on market mondays, y'all here with us now.
Speaker 4: So we love y'all.
Speaker 5: Y'all know that love is love, rest in peace in
Speaker 5: it man.
Speaker 3: That's what he said. He said, Young geenis trap. Just
Speaker 3: can't they left them no platforms? They explain it, so
Speaker 3: you get frustrated. And that's a deep line. People think
Speaker 3: about it, like you know, but the key way he
Speaker 3: said is they they left him no platform. So we're
Speaker 3: not asking for no handouts. We just created our own
Speaker 3: platform and uh so that was really dope when we
Speaker 3: when we linked up with Steve O, who is one
Speaker 3: of Nipsey hust Who's best friends, and he said, he said,
Speaker 3: I wish I wish nip was here. I wish he
Speaker 3: was here to see y'all because he would really love y'all.
Speaker 3: That's that's the worst that he said out of his mouth.
Speaker 3: So the marathon will continue. The marathon will will continue.
Speaker 3: Thank you, gentlemen for stellar presentation. Please let them know
Speaker 3: how to follow you on social media please.
Speaker 10: So you can find me on Instagram at Alistair McKenzie
Speaker 10: dot eth. That's Alistair a l l I s t
Speaker 10: e R McKenzie m c k e n z i
Speaker 10: E dot e t h on Instagram, and I'm on
Speaker 10: Twitter at Alistair don.
Speaker 7: Yes, and you can find me as well on Instagram
Speaker 7: at mister Lawrence dot e m r l a w
Speaker 7: r e n c E dot e. So Lawrence Egleston
Speaker 7: is my name on there. You can find me at
Speaker 7: that same act name on Twitter as well. So thank
Speaker 7: you for having me big time. Shout out to e
Speaker 7: y l You guys always turn up every time I
Speaker 7: come on here, Troy, I told Troy, like, man like
Speaker 7: I love to be on here. It's just like a
Speaker 7: different type energy and feeling. So for me, it's like
Speaker 7: today was like a big day for me my grandfather
Speaker 7: passed away. Yes, I appreciate that. It's just like rejuvenating
Speaker 7: to get on here and just kind of feel this
Speaker 7: energy just uplifts your spirit. And this is like, you
Speaker 7: know what I do it for. I'm passionate about teaching people.
Speaker 7: I'm passionate about our people because I know the more
Speaker 7: that we get this information, we start changing our reality
Speaker 7: and we start changing our lives collectively. And this is
Speaker 7: a game where all of us can win, so it's
Speaker 7: no competition. Honestly, two heads work better than one and
Speaker 7: that's the way we need to be thinking. We need
Speaker 7: to be thinking, boom, how can we work together to
Speaker 7: create a system to be able to effectively go out
Speaker 7: here and at these markets.
Speaker 6: And that's what it's about.
Speaker 7: So thanks for having me appreciate you as always for.
Speaker 3: Sure, and yeah, definitely want to extend our condolences. You know,
Speaker 3: that was that was great. I was Goanna, I was
Speaker 3: going to tell you, like, you know, if you wasn't
Speaker 3: up to I know you went to you went to
Speaker 3: the funeral today, so you know, not only did he
Speaker 3: put up an amazing performance, but you know you also
Speaker 3: went to his grandfather's funeral today, so you know, definitely
Speaker 3: got you and your family and prayers. Send send our
Speaker 3: condolences to you and your family, and thank you, brother.
Speaker 3: I appreciate it and I'm looking forward to do stuff
Speaker 3: with both of you gentlemen in the future. Man, both
Speaker 3: of you gentlemen, thank you for you know, sacrificing your
Speaker 3: time to educate the people and most importantly people, make
Speaker 3: sure that you you retain this information.
Speaker 14: Learn.
Speaker 3: Like I said, this is something that is just it's
Speaker 3: one part of your learning journey. Continue to learn, continue
Speaker 3: to educate yourself. Read as much as possible, learn as
Speaker 3: much as possible because cryptocurrency is something that is extremely
Speaker 3: important and we don't want to get left behind. Like
Speaker 3: I said, this is still the beginning stages, meaning that
Speaker 3: there's still a lot more room to grow. But it's
Speaker 3: not a get rich quick scheme. We're not here to
Speaker 3: tell you like do this and get rich quick. We
Speaker 3: really want to educate you and really want to, you know,
Speaker 3: help you. Actually you know, provide for your family and
Speaker 3: provide for yourself. So you know, take your education serious,
Speaker 3: keep educating yourself, keep learning, and keep sharing the information
Speaker 3: when you when you get it, share the information with
Speaker 3: somebody else.
Speaker 5: And that's how we grow.
Speaker 4: Get some game, give it to the get it right back.
Speaker 3: Yeah you know, yes so and this also will be
Speaker 3: on podcast outlets on Friday. So yeah, tap in with.
Speaker 5: Us in Nigeria.
Speaker 4: Yeah. Oh wait wait wait, we on the way. Happy
Speaker 4: birthday to my pops.
Speaker 8: Your happy birthday to mister milit Tar seventy four. You
Speaker 8: upstairsy and cake right now, so happy birthday, birthday, celebrate life.
Speaker 8: We can celebrate that. Man, We're gonna remember the good
Speaker 8: times of everybody that we had. That's why we always
Speaker 8: say reach out. Hit somebody up, call somebody, text somebody.
Speaker 8: You never know what one conversation you can do to
Speaker 8: the trajectory of somebody's day or life.
Speaker 11: Man.
Speaker 4: So more life, more love, man, love is love.
Speaker 5: Yes, Nigeria, we on the way.
Speaker 4: But that's this morning. We got a player. Catch.
Speaker 5: We headed to the motherland.
Speaker 11: Yo.
Speaker 4: The whole team is with us. Man, travel mercies on
Speaker 4: us all man.
Speaker 5: We're going to Africa seeing belly.
Speaker 8: We're going home, y'all. We're going home, and we're gonna
Speaker 8: put on and make sure that the word get spread. Because,
Speaker 8: like we said, financial literacy isn't an American issue. It's
Speaker 8: a world issue, and so we want to be the
Speaker 8: pioneers of that.
Speaker 4: So we're gonna, we're.
Speaker 3: Gonna, we're gonna spread the gospel financial literacy. We're gonna
Speaker 3: do what we do in the motherland. We're going to
Speaker 3: the motherland and spread the good financial missionaries. Financial missionaries.
Speaker 3: I like that missionary.
Speaker 4: Hey Janet, let's get to being on the phone.
Speaker 3: We're going to the motherland and spread the spread the
Speaker 3: financial gospel.
Speaker 4: Hey man, it's been a real one.