1 00:00:01,240 --> 00:00:02,000 Speaker 1: Earners. What's up. 2 00:00:02,080 --> 00:00:04,560 Speaker 2: You ever walk into a small business and everything just 3 00:00:04,720 --> 00:00:07,880 Speaker 2: works like The checkout is fast, the receipts are digital, 4 00:00:08,400 --> 00:00:11,399 Speaker 2: tipping is a breeze, and you're out the door before 5 00:00:11,400 --> 00:00:15,560 Speaker 2: the line even builds. Odds are they're using Square. We 6 00:00:15,720 --> 00:00:18,280 Speaker 2: love supporting businesses that run on Square because it just 7 00:00:18,280 --> 00:00:21,520 Speaker 2: feels seamless. Whether it's a local coffee shop, a vendor 8 00:00:21,560 --> 00:00:23,840 Speaker 2: at a pop up market, or even one of our 9 00:00:23,880 --> 00:00:27,560 Speaker 2: merch partners, Square makes it easy for them to take payments, 10 00:00:27,760 --> 00:00:31,480 Speaker 2: manage inventory, and run their business with confidence, all from 11 00:00:31,600 --> 00:00:35,000 Speaker 2: one simple system. If you're a business owner or even 12 00:00:35,080 --> 00:00:38,600 Speaker 2: just thinking about launching something soon, Square is hands down 13 00:00:38,640 --> 00:00:41,680 Speaker 2: one of the best tools out there to help you start, run, 14 00:00:41,920 --> 00:00:45,240 Speaker 2: and grow. It's not just about payments, it's about giving 15 00:00:45,240 --> 00:00:47,519 Speaker 2: you time back so you can focus. 16 00:00:47,159 --> 00:00:48,760 Speaker 1: On what matters most Ready. 17 00:00:48,760 --> 00:00:52,159 Speaker 2: To see how Square can transform your business, visit Square 18 00:00:52,240 --> 00:00:56,760 Speaker 2: dot com backslash go backslash eyl to learn more that 19 00:00:56,960 --> 00:01:02,400 Speaker 2: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate. 20 00:01:02,520 --> 00:01:04,880 Speaker 2: Let's Square handle the back end so you can keep 21 00:01:04,920 --> 00:01:11,000 Speaker 2: pushing your vision forward. This episode is brought to you 22 00:01:11,040 --> 00:01:13,320 Speaker 2: by P and C Bank, a lot of people think 23 00:01:13,360 --> 00:01:17,240 Speaker 2: podcasts about work are boring, and sure they definitely can be, 24 00:01:17,760 --> 00:01:21,000 Speaker 2: but understanding of professional's routine shows us how they achieve 25 00:01:21,080 --> 00:01:25,280 Speaker 2: their success little by little, day after day. It's like 26 00:01:25,360 --> 00:01:28,160 Speaker 2: banking with P and C Bank. It might seem boring 27 00:01:28,160 --> 00:01:31,000 Speaker 2: to save, plan and make calculated decisions with your bank, 28 00:01:31,440 --> 00:01:33,920 Speaker 2: but keeping your money boring is what helps you live 29 00:01:34,080 --> 00:01:38,080 Speaker 2: or more happily fulfilled life. P and C Bank Brilliantly 30 00:01:38,160 --> 00:01:42,720 Speaker 2: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 31 00:01:42,720 --> 00:01:46,000 Speaker 2: five is a service mark of the PNC Financial Service Group, Inc. 32 00:01:46,480 --> 00:01:49,840 Speaker 2: P and C Bank National Association Member FDIC. 33 00:01:51,680 --> 00:01:53,600 Speaker 3: So speaking of a big care, what about like micro 34 00:01:53,720 --> 00:01:58,840 Speaker 3: Strategy who Yeah, they said, have been making five hundred 35 00:01:59,040 --> 00:02:02,559 Speaker 3: million dollars a day on Bigcoin. So like companies like that, 36 00:02:03,080 --> 00:02:05,760 Speaker 3: would those be good to because those publicly traded companies stop? 37 00:02:06,640 --> 00:02:09,560 Speaker 3: Would those be good to invest in? And if so 38 00:02:09,680 --> 00:02:09,880 Speaker 3: at what? 39 00:02:09,919 --> 00:02:10,520 Speaker 1: At what price? 40 00:02:11,560 --> 00:02:12,520 Speaker 4: I think it's a good. 41 00:02:14,080 --> 00:02:18,760 Speaker 5: Way to invest in bitcoin in a non direct fashion. 42 00:02:19,080 --> 00:02:21,400 Speaker 5: It's been really interesting to see the bitcoin minus not 43 00:02:21,560 --> 00:02:26,720 Speaker 5: rally as much as bigcoin has. But yeah, I think 44 00:02:27,200 --> 00:02:29,240 Speaker 5: I keep saying that Michael Saylers and New Kathy was 45 00:02:29,639 --> 00:02:32,080 Speaker 5: so at some point, if y'all cared about Kathy because 46 00:02:32,080 --> 00:02:35,919 Speaker 5: she originated this bigcoin institutional strategy, y'all should go send 47 00:02:35,919 --> 00:02:37,120 Speaker 5: her a note and tell her thank you. 48 00:02:38,720 --> 00:02:38,919 Speaker 4: Mike. 49 00:02:39,200 --> 00:02:41,200 Speaker 5: But Michael strategy is a good way to get some 50 00:02:41,240 --> 00:02:48,160 Speaker 5: exposure to it. I know I've gotten killed about my 51 00:02:48,320 --> 00:02:49,800 Speaker 5: Square take, but if you look at some of the 52 00:02:49,840 --> 00:02:53,240 Speaker 5: things Square is doing, yeah, may want to keep your 53 00:02:53,240 --> 00:02:56,720 Speaker 5: eyes on what Jack and them are doing. I don't 54 00:02:56,760 --> 00:02:58,360 Speaker 5: know if he went and kissed the rain and yet 55 00:02:58,440 --> 00:03:01,040 Speaker 5: and if he's in there in a circle, uh, and 56 00:03:01,080 --> 00:03:02,680 Speaker 5: if him and Elin had made up, But if so, 57 00:03:03,120 --> 00:03:06,280 Speaker 5: Square shit bounced. But they they've been doing pretty well. 58 00:03:06,800 --> 00:03:11,200 Speaker 5: But isn't And I love Michael Taylor, but isn't five 59 00:03:11,280 --> 00:03:16,080 Speaker 5: hundred million a day like one hundred and forty billion 60 00:03:16,160 --> 00:03:17,560 Speaker 5: dollars or something like that. 61 00:03:17,440 --> 00:03:21,200 Speaker 1: In a quarter? You're talking like Amazon numbers. 62 00:03:21,520 --> 00:03:23,240 Speaker 4: Did he say five hundred million today? 63 00:03:25,680 --> 00:03:27,040 Speaker 1: That's a lot. 64 00:03:27,440 --> 00:03:30,239 Speaker 4: That's Apple's doing ninety four billion a year. 65 00:03:31,960 --> 00:03:33,080 Speaker 1: That's a lot. 66 00:03:33,480 --> 00:03:36,000 Speaker 5: So maybe it was five hundred a month. I don't know. Well, 67 00:03:36,040 --> 00:03:39,960 Speaker 5: we'll see when a report comes out. But micro strategy 68 00:03:40,040 --> 00:03:41,800 Speaker 5: is a good way to get exposure to bitcoin. If 69 00:03:41,840 --> 00:03:45,880 Speaker 5: you can't afford it at ninety thousand per coin for sure. 70 00:03:46,200 --> 00:03:48,520 Speaker 2: Yeah, we talked about some ETFs to if you're not 71 00:03:49,000 --> 00:03:52,960 Speaker 2: in bitcoin, obviously with black Rock over the past year, 72 00:03:52,960 --> 00:03:54,760 Speaker 2: and they've done an ethereum one as well. 73 00:03:54,760 --> 00:03:57,360 Speaker 1: But yeah, when I started. 74 00:03:57,040 --> 00:04:00,680 Speaker 2: Looking at the economy that goes around bitcoin, obviously you've 75 00:04:00,680 --> 00:04:03,480 Speaker 2: seen what coin has done. Coin Base, which is publicly 76 00:04:03,520 --> 00:04:08,280 Speaker 2: traded micros strategy has just been incredible. But Square, like 77 00:04:08,320 --> 00:04:10,600 Speaker 2: I said, man and we had this conversation a little earlier, 78 00:04:10,600 --> 00:04:14,000 Speaker 2: but if you watch what it's doing right, this is 79 00:04:14,040 --> 00:04:17,360 Speaker 2: still a fintech company. But their commitment that they made 80 00:04:17,360 --> 00:04:20,760 Speaker 2: in twenty twenty, which at the time even Jack Dorsey 81 00:04:20,760 --> 00:04:22,960 Speaker 2: apologized for. He said, like, we're not going to continue 82 00:04:23,000 --> 00:04:25,560 Speaker 2: doing this. They're commitment into bitcoin is now starting to 83 00:04:25,560 --> 00:04:27,520 Speaker 2: pay off. And it's not because they're selling pit coin 84 00:04:27,520 --> 00:04:30,240 Speaker 2: to they're trading it. It's actually because they actually sell 85 00:04:30,240 --> 00:04:33,400 Speaker 2: the equipment for firms that mine it. So this is 86 00:04:33,440 --> 00:04:37,280 Speaker 2: another business that's being built around the economy of cryptocurrency 87 00:04:37,279 --> 00:04:40,320 Speaker 2: and bitcoin specifically, which is interesting because it plays a 88 00:04:40,360 --> 00:04:43,760 Speaker 2: part in the AI development too, which is absolutely we 89 00:04:44,040 --> 00:04:45,720 Speaker 2: don't even look at it right At the time, we 90 00:04:45,720 --> 00:04:47,680 Speaker 2: were trying to figure out when we're mining bitcoin, how 91 00:04:47,680 --> 00:04:50,720 Speaker 2: can we do it faster? What are the semiconductors that 92 00:04:50,760 --> 00:04:53,680 Speaker 2: can help us do it? Those semiconductors now turn into 93 00:04:53,720 --> 00:04:56,200 Speaker 2: what we're going to be used, and now they are 94 00:04:56,360 --> 00:04:59,280 Speaker 2: used for artificial intelligence. Right, so we're talking about the 95 00:04:59,320 --> 00:05:02,240 Speaker 2: nanometer chip, we're talking about five, we're talking about three. 96 00:05:02,720 --> 00:05:07,080 Speaker 2: So Square has actually created the three nanometer mining chip 97 00:05:07,160 --> 00:05:09,839 Speaker 2: four bitcoin, and I think everybody needs to pay attention 98 00:05:09,920 --> 00:05:12,719 Speaker 2: to that because that's what's going to be used very shortly. 99 00:05:12,720 --> 00:05:15,520 Speaker 2: I think they start they created in April of last year, 100 00:05:15,560 --> 00:05:17,880 Speaker 2: but it's starting to be de deployed now and the 101 00:05:18,000 --> 00:05:22,800 Speaker 2: largest bitcoin minor, which is corz Core Scientific, they're using 102 00:05:22,839 --> 00:05:25,960 Speaker 2: it exclusively. And so when we're watching Square, this is 103 00:05:26,000 --> 00:05:29,480 Speaker 2: not just a fintech company now, right they've changed their 104 00:05:29,520 --> 00:05:32,159 Speaker 2: name to block because of the blockchain, but we're starting 105 00:05:32,200 --> 00:05:36,080 Speaker 2: to see the impact that bitcoin and cryptocurrency specifically is 106 00:05:36,120 --> 00:05:39,280 Speaker 2: having inside of his business. They're not just relying on Hey, 107 00:05:39,720 --> 00:05:43,120 Speaker 2: we were a fintech company. Now cryptocurrency has his fingerprints 108 00:05:43,160 --> 00:05:46,560 Speaker 2: all over this company. And if you look at this chart. 109 00:05:46,800 --> 00:05:49,359 Speaker 2: I said this the other night, there's something interesting happened 110 00:05:49,360 --> 00:05:51,640 Speaker 2: over there. We're we're going to watch this and start 111 00:05:51,720 --> 00:05:53,760 Speaker 2: this even more closely over the next couple of months. 112 00:05:54,320 --> 00:05:56,520 Speaker 5: It's crazy to change your name to block and get 113 00:05:56,560 --> 00:06:00,200 Speaker 5: blocked out the cryptocurrency industry because Elon Maddo. 114 00:06:00,160 --> 00:06:04,080 Speaker 4: You, yeah, the browards are really interesting. 115 00:06:05,000 --> 00:06:07,240 Speaker 1: Heat down. He actually came out and apologized. 116 00:06:08,240 --> 00:06:11,680 Speaker 2: So now to see a year later, Hey, we're going 117 00:06:11,760 --> 00:06:13,359 Speaker 2: to cut back on I think they were trying to 118 00:06:13,360 --> 00:06:15,200 Speaker 2: do Web five. They were like trying to be so 119 00:06:15,279 --> 00:06:17,080 Speaker 2: far ahead and like, all right, let's just focus on 120 00:06:17,120 --> 00:06:19,320 Speaker 2: this because this is promising and we have something here. 121 00:06:20,560 --> 00:06:20,760 Speaker 1: Yeah. 122 00:06:21,040 --> 00:06:23,320 Speaker 5: I do like the one thing I do love about 123 00:06:23,320 --> 00:06:26,440 Speaker 5: Michael Sadler's strategy, though at least he's putting his money 124 00:06:26,440 --> 00:06:29,680 Speaker 5: where his mouth is and investing heavily into it. I 125 00:06:29,720 --> 00:06:32,560 Speaker 5: know Citron had the report that came out. It was 126 00:06:32,600 --> 00:06:35,400 Speaker 5: interesting to see his reply. I can't wait till the 127 00:06:35,440 --> 00:06:38,800 Speaker 5: reporting because I know they had some profit margin issues 128 00:06:38,880 --> 00:06:42,120 Speaker 5: prior to but I'm looking to see when this report 129 00:06:42,160 --> 00:06:45,400 Speaker 5: comes out what the profit margin looks like as well. 130 00:06:45,520 --> 00:06:49,839 Speaker 5: But everyone's just really redoing the Vanguard's strategy like this 131 00:06:49,960 --> 00:06:53,839 Speaker 5: Bitcoin by bitcoin strategy on the institutional side reminds me 132 00:06:53,880 --> 00:06:58,880 Speaker 5: of bogos etf and Indexcellent strategy just at a different sector, 133 00:07:01,279 --> 00:07:03,800 Speaker 5: which has worked incredibly. 134 00:07:03,200 --> 00:07:05,880 Speaker 4: Well for Vanguard and black Rock on State Street. 135 00:07:06,920 --> 00:07:11,320 Speaker 5: So we are in a currency and capital war from 136 00:07:11,320 --> 00:07:13,680 Speaker 5: the titans of business right now. 137 00:07:14,640 --> 00:07:16,240 Speaker 4: Everybody on art is your competition. 138 00:07:16,360 --> 00:07:20,000 Speaker 6: An illegal alien from Guatemala charged with raping a child 139 00:07:20,000 --> 00:07:23,800 Speaker 6: in Massachusetts. An MS thirteen gang member from Al Salvador 140 00:07:24,040 --> 00:07:28,200 Speaker 6: accused of murdering a Texas man of Venezuelan charged with 141 00:07:28,240 --> 00:07:32,160 Speaker 6: filming and selling child pornography in Michigan. These are just 142 00:07:32,240 --> 00:07:36,000 Speaker 6: some of the heinous migrant criminals caught because of President 143 00:07:36,040 --> 00:07:39,640 Speaker 6: Donald J. Trump's leadership. I'm Christy Noman, the United States 144 00:07:39,640 --> 00:07:44,440 Speaker 6: Secretary of Homeland Security. Under President Trump, attempted illegal border 145 00:07:44,480 --> 00:07:48,040 Speaker 6: crossings are at the lowest levels ever recorded, and over 146 00:07:48,080 --> 00:07:51,280 Speaker 6: one hundred thousand illegal aliens have been arrested. If you 147 00:07:51,360 --> 00:07:55,240 Speaker 6: are here illegally, your next you will be fine nearly 148 00:07:55,320 --> 00:07:59,320 Speaker 6: one thousand dollars a day, imprisoned and deported. You will 149 00:07:59,360 --> 00:08:03,000 Speaker 6: never return. But if you register using our CBP home 150 00:08:03,040 --> 00:08:06,440 Speaker 6: app and leave now, you could be allowed to return legally. 151 00:08:06,800 --> 00:08:11,520 Speaker 6: Do what's right. Leave now. Under President Trump, America's laws, 152 00:08:11,720 --> 00:08:14,160 Speaker 6: border and families will be protected. 153 00:08:14,240 --> 00:08:16,400 Speaker 4: Sponsored by the United States Department of Homeland Security,