WEBVTT - Professional Development: 95% of NFTs Are Now Worthless: What Happened?

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:00:07.720 --> 0:00:11.840
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:00:15.920 --> 0:00:19.680
<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J.

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<v Speaker 2>Trump's leadership.

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<v Speaker 1>I'm Christy nom the United States Secretary of Homeland Security.

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<v Speaker 1>Under President Trump, attempted illegal border crossings are at the

0:00:29.240 --> 0:00:33.080
<v Speaker 1>lowest levels ever recorded, and over one hundred thousand illegal

0:00:33.120 --> 0:00:36.920
<v Speaker 1>aliens have been arrested. If you are here illegally, your

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<v Speaker 1>next you will be fined nearly one thousand dollars a day, imprisoned,

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<v Speaker 1>and deported.

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<v Speaker 2>You will never return.

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<v Speaker 1>But if you register using our CBP home app and

0:00:47.240 --> 0:00:50.120
<v Speaker 1>leave now, you could be allowed to return legally.

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<v Speaker 2>Do what's right. Leave now.

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<v Speaker 1>Under President Trump, America's laws, border and families will be protected.

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<v Speaker 3>Sponsored by the United States Department of Homeland.

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<v Speaker 4>Security, NFTs reported this at the end of the day

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<v Speaker 4>that ninety five percent of NFTs are currently worthless. Uh

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<v Speaker 4>stark draw down from the glory days a few years ago,

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<v Speaker 4>when things were running rampant, and people were buying Board

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<v Speaker 4>eight yachts for six hundred thousand dollars. So Board eight

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<v Speaker 4>six hundred thousand. So the NFT market looks like it

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<v Speaker 4>has I don't want to say collapse, because there are

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<v Speaker 4>is not dead completely, but definitely.

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<v Speaker 3>Vital size in a danger area.

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<v Speaker 5>Danger area for sure.

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<v Speaker 4>But we also saw the same thing with crypto if

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<v Speaker 4>you think about it, you know around twenty seventeen, twenty eighteen,

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<v Speaker 4>when a crypto crashed and probably I don't know the

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<v Speaker 4>exact percentages per se, but I would say probably around

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<v Speaker 4>ninety percent of cryptocurrencies we're worthless, right for Crypto still here,

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<v Speaker 4>Ethereum is still here, XRP still here, bitcoins still here.

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<v Speaker 4>So it didn't that didn't destroy crypto. We also saw

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<v Speaker 4>the same thing with the dot com boom. Again I

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<v Speaker 4>don't know the exact percentages, but a large, a large

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<v Speaker 4>portion of those companies fell apart and fell off the

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<v Speaker 4>face of the earth. So okay, So what does it

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<v Speaker 4>say about the current NFT marketing? Where are we at

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<v Speaker 4>with NFTs?

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<v Speaker 6>I just put some context behind the numbers.

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<v Speaker 7>So we have out of the seventy three thousand, two

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<v Speaker 7>hundred and fifty seven NFT collections sixty nine thousand, seven

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<v Speaker 7>hundred and ninety five have a market cap of zero

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<v Speaker 7>ether right, so not dead, but doesn't look pretty Of

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<v Speaker 7>that number, approximately twenty three million investors own these tokens

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<v Speaker 7>with no practical.

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<v Speaker 6>Use or value. So dead no trouble signs.

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<v Speaker 7>Yes, But I like the comparison that you just said

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<v Speaker 7>with the cryptocurrency and the dot com. It's about finding

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<v Speaker 7>which companies over the next five to ten years will

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<v Speaker 7>be the ones that stay around, which ones have practical use,

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<v Speaker 7>which have functionality that can sustain over time. And so

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<v Speaker 7>that looks like what has happened here, But I don't

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<v Speaker 7>think the technology is that. I think that's the key

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<v Speaker 7>part that people really need to remember is that, yes,

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<v Speaker 7>that this case scenario has looked gloomy, but the technology,

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<v Speaker 7>when it's done right, will be here.

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<v Speaker 6>You can go yeah.

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<v Speaker 8>I know everyone thinks that I'm going to come on

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<v Speaker 8>and say I told you so, I'm not. When George

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<v Speaker 8>hit the game winner in Game six over the Jazz,

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<v Speaker 8>he just shot the ball, let it go in and

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<v Speaker 8>went back down court, I'll say there's too many people

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<v Speaker 8>copy board API club and crypto punks as a grift.

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<v Speaker 8>I know that's a favorite term going around on the internet.

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<v Speaker 8>Number two, I agree that most spaces, when they're not valuable,

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<v Speaker 8>will draw down ninety to ninety five percent. And my

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<v Speaker 8>main thing that I was saying regarding NFTs is that

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<v Speaker 8>most of them have no value. The underlying technology is amazing.

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<v Speaker 8>But thirdly, even though some may not want me to

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<v Speaker 8>say this, a lot of the banks and major institutions

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<v Speaker 8>were complicit and maybe having this market draw down so

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<v Speaker 8>that they can come in and then put their projects

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<v Speaker 8>on certain platforms and allow them to do incredibly well.

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<v Speaker 3>But the bigger point is, like most companies that.

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<v Speaker 8>Have no use cases, that have no real world resolution,

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<v Speaker 8>don't solve a real problem, does not speed up revenue

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<v Speaker 8>top line revenue, bottom line revenue, does not give you

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<v Speaker 8>high in that margin, does not make the lives better

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<v Speaker 8>for those in Asia, United States, Mexico are going to

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<v Speaker 8>fail anyway.

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<v Speaker 3>We'll talk about IPOs later, but I.

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<v Speaker 8>Think the bigger macro picture that we're looking at is

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<v Speaker 8>that when you launch a project or a company at

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<v Speaker 8>the tail end of a financial boom, which was quantitative

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<v Speaker 8>easing from the time Obama got an office until twenty

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<v Speaker 8>twenty one, when they started to tell you that they

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<v Speaker 8>were going to tighten. You have to know what cycle

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<v Speaker 8>we're in. A lot of companies did incredibly well just

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<v Speaker 8>by being in the middle of the twenty ten, twenty fifteen,

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<v Speaker 8>twenty sixteen rain and had six or seven years to

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<v Speaker 8>run free. But most of these projects when they were

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<v Speaker 8>launched were worthless, if you will. But that's the one

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<v Speaker 8>thing about the efficient market hypothesis. The companies that are

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<v Speaker 8>good and projects that are good will stay afloat. The

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<v Speaker 8>ones that are not will die. And I was talking

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<v Speaker 8>to a brother at Revolt the same day when that

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<v Speaker 8>news was announced. That was an NFT that came out,

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<v Speaker 8>that went out, shot out ninety five percent, and has

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<v Speaker 8>held some value since then. So I think we're just

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<v Speaker 8>seeing a mass exodus or a mass correction in the

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<v Speaker 8>projects and or companies that are not doing well. For

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<v Speaker 8>anyone who thinks that I'm caping, no I'm not. But

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<v Speaker 8>there's just not a reason for.

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<v Speaker 3>Me to beat a dead horse.

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<v Speaker 8>I may give them a sledgehimmer out at the back

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<v Speaker 8>half of the show caping.

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<v Speaker 6>Okay, we're going wrong with that on a cap got you?

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<v Speaker 6>Got you? Yeah? I mean it's interesting.

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<v Speaker 7>The other part of it was people started looking at

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<v Speaker 7>the environmental impact of having NFTs, which is something you

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<v Speaker 7>never hear about when people are making money, and so

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<v Speaker 7>you hear about the carbon admission that goes into minting

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<v Speaker 7>and if you have more products being minted, the energy

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<v Speaker 7>that it takes, so that becomes an issue.

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<v Speaker 6>And then again it the average price.

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<v Speaker 7>And we can't say dead right because the average price

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<v Speaker 7>of the board got apes are now forty thousand. It's

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<v Speaker 7>so far a cry from the six hundred and the

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<v Speaker 7>five hundred thousand dollars.

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<v Speaker 6>But they're still there now.

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<v Speaker 7>The things right, they're still there though like a forty

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<v Speaker 7>thousand dollars value, it's still it's not worthless. But the

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<v Speaker 7>thing that they have, I guess to their advantage is

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<v Speaker 7>that the technology, like I said, I don't think goes away,

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<v Speaker 7>and so they can turn it into something that can

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<v Speaker 7>become incentivized or it can become something where we're having

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<v Speaker 7>it outing. And if you have it like that, they

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<v Speaker 7>still have that technology. It's just about is that now

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<v Speaker 7>worth the course of analysis that you paid? Probably not for.

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<v Speaker 8>Everyone in the crypto space. I know you're going to say,

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<v Speaker 8>I'm not a crypto expert. That's fine, but when we

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<v Speaker 8>talk investing, I said, the master investor out that master

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<v Speaker 8>investor stocks. I'm going to tell you something that I

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<v Speaker 8>think would help a lot is to not tell what

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<v Speaker 8>you plan to do. I can't prove it, but anyone

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<v Speaker 8>that I talk to in the music industry has not

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<v Speaker 8>said that I'm wrong. As soon as they started saying

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<v Speaker 8>that they're going to put an artists on these platforms

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<v Speaker 8>to give royalties to some of the biggest artists, you

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<v Speaker 8>don't think Universal Sony got on the line that labeled

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<v Speaker 8>bad Bunny assigned to and said, hey, let's find a

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<v Speaker 8>way to kill this market. As soon as that became

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<v Speaker 8>the narrative. And I love the royalty model, I love

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<v Speaker 8>the fan payment model. I love that everything can be

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<v Speaker 8>tracked on a blockchain. But when you start to become

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<v Speaker 8>a threat to one of the biggest industries and exports

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<v Speaker 8>of our country, you're going to have some pushback. We

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<v Speaker 8>taught inrypto in general. As soon as crypto was saying

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<v Speaker 8>that we're going to take over at banking, everybody in

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<v Speaker 8>banking got together and own majority of crypto. Even though

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<v Speaker 8>Chebank they are offering bitcoin and crypto custody services They

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<v Speaker 8>currently manage one point three four trillion dollars they expect

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<v Speaker 8>over the next ten years to get up to two trillion.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:10:13.600 --> 0:10:17.400
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:10:17.640 --> 0:10:21.800
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:10:21.880 --> 0:10:25.760
<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J.

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<v Speaker 2>Trump's leadership.

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<v Speaker 1>I'm Christy nom the United States Secretary of Homeland Security.

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<v Speaker 1>Under President Trump, attempted illegal border crossings are at the

0:10:39.160 --> 0:10:43.040
<v Speaker 1>lowest levels ever recorded, and over one hundred thousand illegal

0:10:43.040 --> 0:10:46.840
<v Speaker 1>aliens have been arrested. If you are here illegally, your

0:10:46.960 --> 0:10:51.120
<v Speaker 1>next you will be fined nearly one thousand dollars a day, imprisoned,

0:10:51.400 --> 0:10:52.079
<v Speaker 1>and deported.

0:10:52.559 --> 0:10:53.720
<v Speaker 2>You will never return.

0:10:54.040 --> 0:10:57.080
<v Speaker 1>But if you register using our CBP home app and

0:10:57.160 --> 0:10:59.360
<v Speaker 1>leave now, you could be allowed.

0:10:59.040 --> 0:11:02.600
<v Speaker 2>To return legally. Do what's right. Leave now.

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<v Speaker 1>Under President Trump America's laws, border and families.

0:11:06.920 --> 0:11:09.319
<v Speaker 3>Will be protected sponsored by the United States Department of

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<v Speaker 3>Homeland Security if they add bitcoin and cryptocurrencies to their offerings.

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<v Speaker 3>So I love the model as it strike ends with

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<v Speaker 3>the writers.

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<v Speaker 8>That's great, But I think these projects have to be

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<v Speaker 8>a lot more quiet and not tell what they ultimately

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<v Speaker 8>plan to do. Otherwise the industry is going to attack you.

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<v Speaker 3>Am I keeping the coining, I'm doing good.

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<v Speaker 6>Great.

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<v Speaker 4>I think I think the technology is more so suited

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<v Speaker 4>for real life use case. You know, having authentic authentication

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<v Speaker 4>of products. That's still something that makes a lot of sense,

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<v Speaker 4>whether it's with sneakers, whether it were painting, that's that's

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<v Speaker 4>a that's a real world problem that has still has

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<v Speaker 4>a bulletproof solution has still not been done. So in

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<v Speaker 4>the art world, this billion dollars of things every single year,

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<v Speaker 4>as far as fake painting and people that forge signatures

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<v Speaker 4>of other artists, different things in that age. Is so

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<v Speaker 4>n f ts make a lot of sense because if

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<v Speaker 4>you have an NFT attached to a painting, then it's

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<v Speaker 4>a one of one and you can verify that it's real.

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<v Speaker 4>Same thing with sneakers, the same thing with any type

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<v Speaker 4>of collectibles, autographs, whatever. So as far as you always

0:12:24.320 --> 0:12:26.640
<v Speaker 4>have to be larry when things are solving problems that

0:12:26.679 --> 0:12:27.280
<v Speaker 4>are not needed.

0:12:28.080 --> 0:12:30.680
<v Speaker 8>So said it again, because I think most people gonna

0:12:30.679 --> 0:12:32.040
<v Speaker 8>skip over, and that's really important.

0:12:32.280 --> 0:12:33.400
<v Speaker 5>Yeah, that's just business in general.

0:12:33.440 --> 0:12:34.920
<v Speaker 4>You always want to be leary of you want to

0:12:34.960 --> 0:12:36.880
<v Speaker 4>invest in, you want to you want to fully support

0:12:37.000 --> 0:12:40.880
<v Speaker 4>things that solve problems. Yeah, like what I just explained,

0:12:40.920 --> 0:12:44.120
<v Speaker 4>you want to be leary of investing or supporting things

0:12:44.360 --> 0:12:47.800
<v Speaker 4>that solve problems that are not really problem, they're not

0:12:47.800 --> 0:12:52.840
<v Speaker 4>really needed to solve. Meaning so instead of you know,

0:12:53.160 --> 0:12:55.280
<v Speaker 4>looking at it from the aspect of this n f

0:12:55.320 --> 0:12:59.400
<v Speaker 4>T is gonna you know, verify that this painter actually

0:12:59.480 --> 0:13:02.000
<v Speaker 4>painted it, you just want to have an n f

0:13:02.080 --> 0:13:05.760
<v Speaker 4>T to show on your TV as as digital art,

0:13:05.800 --> 0:13:08.040
<v Speaker 4>Like that's cool, but that's not really something that is

0:13:08.440 --> 0:13:10.079
<v Speaker 4>paramount to the survival of.

0:13:10.080 --> 0:13:13.480
<v Speaker 5>The human species. Or you just want to just have

0:13:13.600 --> 0:13:14.439
<v Speaker 5>you know, a bunch.

0:13:14.200 --> 0:13:14.920
<v Speaker 3>Of cool.

0:13:16.360 --> 0:13:20.720
<v Speaker 4>Like highlights that like digital highlights of Michael Jordan dunking

0:13:21.400 --> 0:13:26.720
<v Speaker 4>over like and it's like that that this is cool,

0:13:26.720 --> 0:13:30.520
<v Speaker 4>but that's not really solving any problem, right, just a

0:13:31.240 --> 0:13:36.720
<v Speaker 4>monkey that just shows on your phone. It's cool to have,

0:13:37.520 --> 0:13:42.439
<v Speaker 4>but that's not the utmost importance of solving problems, right.

0:13:42.480 --> 0:13:43.880
<v Speaker 4>So a lot of people got caught up in the

0:13:44.000 --> 0:13:46.560
<v Speaker 4>NFT from that aspect of it. They got caught up

0:13:46.600 --> 0:13:50.240
<v Speaker 4>in the oh, I'm just gonna buy this monkey going

0:13:50.320 --> 0:13:52.360
<v Speaker 4>up so crazy, and it's like you you lost the

0:13:52.640 --> 0:13:56.320
<v Speaker 4>actual utility part of it for just the hype part

0:13:56.400 --> 0:13:58.280
<v Speaker 4>of it. And the hype is always going to come

0:13:58.320 --> 0:14:00.800
<v Speaker 4>down eventually, but the utilities are going to be there.

0:14:01.040 --> 0:14:03.200
<v Speaker 4>So it's the same thing with crypto. You know, all

0:14:03.240 --> 0:14:05.600
<v Speaker 4>of those coins and all those projects that was just

0:14:06.480 --> 0:14:08.880
<v Speaker 4>have no purpose and just you know, it's just there.

0:14:09.360 --> 0:14:12.320
<v Speaker 4>They all fell apart, but there's real life application for

0:14:12.440 --> 0:14:14.760
<v Speaker 4>a lot of these coins, and those are the coins

0:14:14.760 --> 0:14:17.080
<v Speaker 4>that actually have survived, and those are the coins that

0:14:17.240 --> 0:14:18.160
<v Speaker 4>probably will survive.

0:14:18.240 --> 0:14:20.120
<v Speaker 5>So yeah, just.

0:14:20.080 --> 0:14:22.000
<v Speaker 4>You know, think about that, and you know, people buying

0:14:22.000 --> 0:14:24.000
<v Speaker 4>real estate in the metaverse once again, that's so that's

0:14:24.040 --> 0:14:26.440
<v Speaker 4>another that's solving a problem that's not a problem.

0:14:27.320 --> 0:14:30.040
<v Speaker 5>So you're paying fifty thousand dollars.

0:14:29.760 --> 0:14:32.880
<v Speaker 4>For a house in the metaverse because Snoop Dogg did it,

0:14:33.000 --> 0:14:35.600
<v Speaker 4>or it's next to Justin Bieber's house. You could rationalize

0:14:35.640 --> 0:14:37.480
<v Speaker 4>anything in your brain and say, Okay, well this will

0:14:37.520 --> 0:14:41.560
<v Speaker 4>be the next evolution of real estate, and who knows,

0:14:41.600 --> 0:14:45.960
<v Speaker 4>potentially it could be too. So yeah, but that's not

0:14:46.080 --> 0:14:52.200
<v Speaker 4>solving a problem. Buying a building in Cleveland, Ohio next

0:14:52.280 --> 0:14:56.440
<v Speaker 4>to the Mayo Clinic is solving a problem because there's

0:14:56.560 --> 0:14:59.720
<v Speaker 4>actually doctors and residents that actually need somewhere to physically

0:14:59.800 --> 0:15:04.120
<v Speaker 4>live while they're living on Earth, and you can provide

0:15:04.160 --> 0:15:09.520
<v Speaker 4>them housing. That's that's actually solving a real problem. Buying

0:15:09.640 --> 0:15:14.360
<v Speaker 4>a ranch in digital world is not necessarily solving a

0:15:14.360 --> 0:15:17.840
<v Speaker 4>problem right now, So just think about that when you're investing.

0:15:17.880 --> 0:15:20.200
<v Speaker 4>That's kind of like a litmus test. Is this solving

0:15:20.560 --> 0:15:23.360
<v Speaker 4>a real problem problem yes? Or is this solving a

0:15:23.360 --> 0:15:25.200
<v Speaker 4>problem that's not really a problem.

0:15:25.480 --> 0:15:26.920
<v Speaker 3>Let me run us out to you real quick.

0:15:27.160 --> 0:15:30.520
<v Speaker 8>When you talk to Robert Smith Amy episode last week

0:15:30.600 --> 0:15:33.680
<v Speaker 8>was amazing, DC, Young Flower, Colos, Carlos from eighty five,

0:15:33.720 --> 0:15:37.120
<v Speaker 8>or Chad when you talk to Trap g Z, Steve Harvey,

0:15:37.160 --> 0:15:40.320
<v Speaker 8>Tabeti Ladoon when I talk to you that has any

0:15:40.400 --> 0:15:45.080
<v Speaker 8>of them mentioned NFTs. You don't have to like crypto,

0:15:45.560 --> 0:15:47.840
<v Speaker 8>but if the big players you know who Mike.

0:15:47.760 --> 0:15:50.040
<v Speaker 3>Novagrats ain't mentioned no fucking NFTs.

0:15:51.480 --> 0:15:54.560
<v Speaker 8>He's in the space, Kathy once you got on stage,

0:15:54.600 --> 0:15:58.320
<v Speaker 8>didn't mention one thing about NFTs. Now, if I were

0:15:58.360 --> 0:16:01.800
<v Speaker 8>a creator, I think God rest his soul. People should

0:16:01.840 --> 0:16:05.640
<v Speaker 8>have got with Virgial early and use that to authenticate

0:16:05.800 --> 0:16:08.160
<v Speaker 8>some of the pieces. Should have got with other beasts.

0:16:08.720 --> 0:16:12.080
<v Speaker 8>Probably should have got with Marcomanski or somebody in real

0:16:12.200 --> 0:16:14.120
<v Speaker 8>estate to do it there. But it has to, like

0:16:14.160 --> 0:16:16.720
<v Speaker 8>you said, solve a real use case now for my

0:16:16.760 --> 0:16:17.520
<v Speaker 8>creators out there.

0:16:17.640 --> 0:16:19.200
<v Speaker 3>If you do create a solution, since.

0:16:19.040 --> 0:16:21.240
<v Speaker 8>The market is at a rock bottom, maybe you can

0:16:21.280 --> 0:16:24.720
<v Speaker 8>provide a solution that will help the real world. So

0:16:25.360 --> 0:16:28.200
<v Speaker 8>I'm not anti crypto, but just some projects are dumb

0:16:30.720 --> 0:16:34.080
<v Speaker 8>me my voice, are you dumb? This is the one

0:16:34.120 --> 0:16:34.600
<v Speaker 8>of them.

0:16:35.240 --> 0:16:39.040
<v Speaker 3>Shot the Pap and whoever else.

0:16:39.760 --> 0:16:44.880
<v Speaker 4>You can't make sense that nonsense. So that's something to

0:16:44.880 --> 0:16:47.880
<v Speaker 4>always keep in mind. Like you know, you can try

0:16:47.920 --> 0:16:49.040
<v Speaker 4>to make sense out of nonsense.

0:16:50.560 --> 0:16:51.600
<v Speaker 5>A lot of people will do it.

0:16:51.720 --> 0:16:54.760
<v Speaker 4>You can rationalize anything that you can if you convince yourself,

0:16:55.160 --> 0:16:58.960
<v Speaker 4>you can really rationalize anything. But ultimately it's still nonsense.

0:16:59.200 --> 0:17:02.640
<v Speaker 4>So don't get caught up in the hype. Don't try

0:17:02.680 --> 0:17:06.560
<v Speaker 4>to make sense out of nonsense because trying to rationalize it,

0:17:06.600 --> 0:17:10.760
<v Speaker 4>eventually you're going to realize that it's really it's just nonsense.

0:17:11.160 --> 0:17:14.400
<v Speaker 8>Yeah, and even though it's an alternative investment, make sure

0:17:14.440 --> 0:17:19.800
<v Speaker 8>you have your core down long term stocks, insurance, real estate,

0:17:20.000 --> 0:17:25.360
<v Speaker 8>primary business, before you get to NFTs, the girl who's

0:17:25.680 --> 0:17:27.760
<v Speaker 8>yum yum, all that, before you get the investment in

0:17:27.760 --> 0:17:29.280
<v Speaker 8>the only fan girls that you're not talking to, and

0:17:29.320 --> 0:17:32.120
<v Speaker 8>as the manager, meant sure to have your core for down,

0:17:32.720 --> 0:17:36.560
<v Speaker 8>especially as interest rates go up. We have a bunch

0:17:36.560 --> 0:17:39.880
<v Speaker 8>of geopolitical threats. The banking spaces came and took taking

0:17:39.920 --> 0:17:43.680
<v Speaker 8>over crypto. Like, if you're entrepreneur, please write this down.

0:17:43.720 --> 0:17:46.440
<v Speaker 8>Your job in any business is to accumulate more secrets

0:17:46.440 --> 0:17:48.560
<v Speaker 8>than anybody else. If this was going to be the

0:17:48.640 --> 0:17:50.359
<v Speaker 8>hit that everyone said that it was going to be.

0:17:50.760 --> 0:17:54.480
<v Speaker 8>You wouldn't yell it out on the internet. You wouldn't

0:17:54.480 --> 0:17:54.760
<v Speaker 8>do it.

0:17:55.800 --> 0:17:58.119
<v Speaker 4>You wouldn't yell it out on the internet unless you

0:17:58.119 --> 0:18:01.280
<v Speaker 4>were looking for offset.

0:18:03.080 --> 0:18:04.520
<v Speaker 3>I'm gonna be in New York this week. I know

0:18:04.560 --> 0:18:05.879
<v Speaker 3>you tough all on the issues.

0:18:06.200 --> 0:18:14.960
<v Speaker 8>That's two house arrest the cook up you have, boy,

0:18:15.600 --> 0:18:17.520
<v Speaker 8>I was talking about considerable drawdow.

0:18:19.000 --> 0:18:21.679
<v Speaker 6>Opportunities. The only ops I know.

0:18:23.640 --> 0:18:27.960
<v Speaker 5>Jesus, Jesus, yes well.

0:18:28.119 --> 0:18:31.800
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:18:31.840 --> 0:18:35.639
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:18:35.880 --> 0:18:40.000
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:18:40.080 --> 0:18:43.000
<v Speaker 1>filming and selling child pornography in Michigan.

0:18:43.359 --> 0:18:44.040
<v Speaker 2>These are just.

0:18:44.080 --> 0:18:47.840
<v Speaker 1>Some of the heinous migrant criminals caught because of President

0:18:47.880 --> 0:18:48.280
<v Speaker 1>Donald J.

0:18:48.400 --> 0:18:50.840
<v Speaker 2>Trump's leadership. I'm Christine Noman, the.

0:18:50.840 --> 0:18:55.440
<v Speaker 1>United States Secretary of Homeland Security. Under President Trump, attempted

0:18:55.480 --> 0:18:59.160
<v Speaker 1>illegal border crossings are at the lowest levels ever recorded.

0:18:59.480 --> 0:19:02.520
<v Speaker 1>In Over one hundred thousand illegal aliens have been arrested.

0:19:02.800 --> 0:19:06.680
<v Speaker 1>If you are here illegally, your next you will be fine.

0:19:06.720 --> 0:19:10.840
<v Speaker 1>Nearly one thousand dollars a day imprisoned and deported, you

0:19:10.920 --> 0:19:14.440
<v Speaker 1>will never return. But if you register using our CBP

0:19:14.600 --> 0:19:17.320
<v Speaker 1>home app and leave now, you could be allowed to

0:19:17.400 --> 0:19:18.240
<v Speaker 1>return legally.

0:19:18.600 --> 0:19:20.840
<v Speaker 2>Do what's right. Leave now.

0:19:21.160 --> 0:19:25.520
<v Speaker 1>Under President Trump America's laws, border and families.

0:19:25.160 --> 0:19:25.960
<v Speaker 2>Will be protected.

0:19:26.080 --> 0:19:28.200
<v Speaker 3>Sponsored by the United States Department of Homeland Security,