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Speaker 1: This episode is brought to you by P and C Bank.

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Speaker 1: A lot of people think podcasts about work are boring,

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Speaker 2: Erness What's Up?

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Speaker 1: You ever walk into a small business and everything just

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Speaker 1: pushing your vision forward.

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Speaker 3: Crypto confidence versus banking banking sector trust.

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Speaker 4: Yeah, the thing that I keep stressing is and there

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Speaker 4: are billions of dollars of losses on the books of banks.

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Speaker 5: No one has still wrung the alarm about it.

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Speaker 4: Maybe the Department of Efficiency will do so next year.

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Speaker 4: But I think we're at a very interesting inflection point

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Speaker 4: where people trust like the JP Morgan w MAD, Bank

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Speaker 4: of America w MAD. But the reason why, part of

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Speaker 4: the reason why crypto took off so much is the

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Speaker 4: trust and the banks are solo that people wanted an

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Speaker 4: alternative currency to be able to look at. And I

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Speaker 4: wonder will they start to use crypto with the banks

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Speaker 4: at scale start to use in this collateral to offset

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Speaker 4: these big ass losses that they have in the medium

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Speaker 4: sized banks like these banks have not recovered. Also too,

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Speaker 4: the erosion of California is pretty damn scary. No one's

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Speaker 4: talking about that. We have a sector that is melted

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Speaker 4: down in mid sized banks. So I'm wondering at some

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Speaker 4: point where they ask for a bailout, invest that money

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Speaker 4: into crypto and then offset or hide those losses going

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Speaker 4: to twenty twenty seven by doing that. But I think

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Speaker 4: we're definitely at an inflection point where the people as

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Speaker 4: a mass are tired of being taken advantage of by

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Speaker 4: financial institutions.

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Speaker 3: And what I said before also was to have ten

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Speaker 3: percent of your holdings in bitcoin. That was something years ago,

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Speaker 3: years ago in crypto, So I still think that that's true.

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Speaker 3: I think if you have a portfolio of investing, ten

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Speaker 3: percent should be a crypto. Now, if you want to

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Speaker 3: do a little bit more, you can, but out of

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Speaker 3: that ten percent, fifty percent should be in bitcoin, maybe

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Speaker 3: a little bit higher, but and then the rest spread

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Speaker 3: out amongst all coins. So Bitcoin should not be equal

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Speaker 3: to all coin holdings as far as like, in my opinion,

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Speaker 3: shouldn't have the same amount of Bitcoin as you have dogecoin,

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Speaker 3: like you can have spread out across four different all coins.

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Speaker 3: But yeah, there's only one Bitcoin, so you got to

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Speaker 3: you gotta favor to win in favor, you know, the

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Speaker 3: most stable and the shortest bet in this situation, so and.

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Speaker 5: The most from institutions big.

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Speaker 3: Coin for sure. Ethereum is a good second choice. Solana

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Speaker 3: Mike Novgrats talked about that that's number four in market cat,

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Speaker 3: which is really number three when you look at the

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Speaker 3: coins because USD is number three. So Solana looks promising.

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Speaker 3: Binance has always been there. That's a coin that actually

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Speaker 3: you know, it is tied to an exchange and x

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Speaker 3: r P. We've talked about that one doge coin, I

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Speaker 3: don't no dog eighty a another one that we've talked

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Speaker 3: about before.

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Speaker 5: Faster, I love you, but you got to innovate faster.

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Speaker 3: Then you start just going down these you know, Tron

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Speaker 3: and she but e U and all of these coins.

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Speaker 3: Just you gotta be careful with those, man, but ten

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Speaker 3: and fifty well be a good strategy. For you. And

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Speaker 3: if you want to be a little bit even more risky,

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Speaker 3: maybe you want to do twenty percent of your portfolio

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Speaker 3: on crypto long term.

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Speaker 5: Hold yep, but it.

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Speaker 3: Got to be at least at least half of that

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Speaker 3: has to be in bitcoin. At least half of it

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Speaker 3: has to be a bitcoin.

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Speaker 2: And bitcoin is the original fractional shit.

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Speaker 5: Right.

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Speaker 2: Somebody was like, do I need one hundred thousand? No? No,

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Speaker 2: At the point you're buying fractions of a bigcoin.

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Speaker 1: If you have one hundred thousand and obviously you purchased it,

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Speaker 1: yes you would own a bitcoin, but you don't have

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Speaker 1: to own a bitcoin. You can have fractions of a bitcoin.

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Speaker 1: And so at that point you're really looking at percentages.

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Speaker 2: Right.

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Speaker 1: So if you're seeing percentage growth, if I started with

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Speaker 1: ten thousand, where can that ten thousand grow to as

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Speaker 1: bigcoin grows?

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Speaker 2: So that's how you got to kind of look at it. Yeah.

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Speaker 4: I saw a video on Twitter of a guy who

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Speaker 4: bought thirty dollars a day for years. I think he

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Speaker 4: ended up putting like eighty seven thousand, and it ended

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Speaker 4: up being like one point one million in terms of return.

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Speaker 4: M So same thing dollar costs average, It's what I'm saying, like,

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Speaker 4: the same lessons apply to every asset class.

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Speaker 5: Just hold for a long period of turn time.

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Speaker 4: Invest If you have conviction in a stock or asset,

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Speaker 4: hold it for a long period of time. I don't

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Speaker 4: know anybody this held bitcoin for a year and they

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Speaker 4: were like, damn, I got the maximum gain versus holding

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Speaker 4: for four years, highest return and asking on the planet.

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Speaker 4: If you're talking long term, the rent to repeat, man,

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Speaker 4: a lot of investment is just stopping the questions that

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Speaker 4: are causing you to not execute. What platform, Well, what

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Speaker 4: about a bitcoin derivative? What about for all the informations there?

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Speaker 4: Same with stocks, same with the videos, same with Apple,

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Speaker 4: same with Microsoft AMD. But yeah, and going into this

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Speaker 4: fifth year, we are going to elevate.

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Speaker 5: Though.

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Speaker 4: If you miss out there on the Mastermind, that's on you.

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Speaker 4: But I promise you we're taking this thing to a

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Speaker 4: a higher level. Please don't mess out. Every country on Earth,

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Speaker 4: we came out and told you the assets to invest in,

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Speaker 4: and we've seen the companies actually by this shit in

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Speaker 4: front of your eyes.

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Speaker 5: Please don't out.

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Speaker 1: Yeah, I'm trying to look at the percentage game of

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Speaker 1: bigcoin sins its inception.

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Speaker 2: I can't even read the percentage.

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Speaker 5: What it is, what product is?

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Speaker 4: Micro strategies sell outside of acquisition a bitcoin. Everybody put

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Speaker 4: it in chat to tell you how.

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Speaker 5: It's a genius play.

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Speaker 4: But if companies are leaning on hoarding assets, including black crop,

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Speaker 4: does that not tell you that should traditionally be a

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Speaker 4: hedge Your capac should not be another person's product. If tradition,

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Speaker 4: if you have a company amazing hedge, though, y'all go

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Speaker 4: give Kathy our credit. Though her issue was out to

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Speaker 4: her and everybody arc too many funds and too much trading.

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Speaker 5: Mike held his positions.

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Speaker 4: Imagine if Kathy would have just held all of our tesla,

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Speaker 4: all of our and video. I tried to add a

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Speaker 4: conversation with her after the best us all of our bitcoin.

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Speaker 5: Yeah, the power of holding.

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Speaker 3: Yeah, well maybe maybe a little bit more than ten percent.

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Speaker 3: Maybe maybe you want to do twenty.

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Speaker 5: But ten.

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Speaker 3: But out of that has to be a big coin,

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Speaker 3: don't My boy?

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Speaker 4: Chrisman on Twitter like put all over there. I'm like, yeah,

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Speaker 4: that's my dog man. Once you have conviction and the

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Speaker 4: asset galling, you guys have done with media, like the

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Speaker 4: lessons are there. You guys have seen us build business

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Speaker 4: in front of you. You've seen the thesis play out.

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Speaker 5: Great.

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Speaker 4: Hold for the long term. Put You may not like

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Speaker 4: my forty percent number. What percent percentage is Michael putting

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Speaker 4: in the bitcoin of his company? Take me out of it?

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Speaker 4: Maybe I'll meet the threshold that you need for financial

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Speaker 4: freedom even though I'm free. Let's go to Michael. How

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Speaker 4: much of bitcoin is he put into his company? Or

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Speaker 4: percentage revenue.

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Speaker 2: And then leveraging as their appreciations like crazy, But.

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Speaker 3: You still have to follow the same principles. Don't buy

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Speaker 3: all time highs, dollar cost, average, vitally important by the

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Speaker 3: top ones. Don't just go searching down to no name

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Speaker 3: coins because Bolton chain coin.

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Speaker 5: Yeah, be careful.

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Speaker 4: Com Rocket not a good one. Leave it alone.

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Speaker 3: Hold for long term, Yes, same rules apply.

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Speaker 5: Yeah.

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Speaker 6: An illegal alien from Guatemala charged with raping a child

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Speaker 6: in Massachusetts. An MS thirteen gang member from l Salvador

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Speaker 6: accused of murdering a Texas man of Venezuelan charged with

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Speaker 6: filming and selling child pornography in Michigan. These are just

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Speaker 6: some of the heinous migrant criminals caught because of President

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Speaker 6: Donald J. Trump's leadership. I'm Christy Noman, the United States

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Speaker 6: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 6: one hundred thousand illegal aliens have been arrested. If you

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Speaker 6: are here illegally, your next you will be fine nearly

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Speaker 6: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 6: never return. But if you register using our CBP home

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Speaker 6: app and leave now, you could be allowed to return legally.

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Speaker 6: border and families will be protected.

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