Crypto news Q&A: Blackrock delays Bitcoin Purchase. Hong Kong Introduces stablecoin rules

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Hello everyone hello yep I had to skip the earlier stream today wanted to go outside a little bit still gets dark way too early here in uh it just gets too way too dark early here for me to go out later but either way Bitcoin is about the same as it is

Yesterday I’m hoping it makes a move up tomorrow the big move up was on Monday now Black Rock did delay its um Bitcoin purchase of $10 million but only by two days so instead of buying it on the third they’re buying it on the fifth I’m

Not really sure why that is but uh it’s not a big move it’s not like they’re delaying it for 3 months so it’s most likely the ETF is not going to get denied but it might be a little bit later than we had thought which sucks

But you know it is what it is but um yeah so you can’t really read too much into that because it’s only delayed by 2 days so maybe like we won’t really get an approval until like Friday or something maybe like you know like maybe like Thursday Friday we get an approval

Not necessarily tomorrow I was really hoping that they come down with one tomorrow the last day to approve is next Wednesday so it would either be like late this week or early next week why is ICP pumping Maple Finance or ICP I would probably buy maple Finance an but that’s

That’s just my uh that’s just my opinion why I don’t is ICP actually pumping uh it went up 20% uh I’m not sure um happy New Year man happy New Year yeah I think it’s um I don’t see any like real news for it I mean it’s also kind of early after the

New Year maybe there’s like something maybe there’s like some kind of it it rocketed yesterday too I don’t see any real news for it could just be moving up like it’s just could be coins taking turns moving up but I don’t see any real news for it hey RB I mean there’s different

There’s going to be different coins pumping at different times cuz bitcoin’s way up yeah I mean like Bitcoin went up Bitcoin passed 45k yesterday so there are a lot of coins that are like taking slow moves up right now first Bitcoin mine Yes sold my ICP a

While back I think there’s other coins that have actually done better than ICP I mean I still think ICP can hit about $100 but that’s about it hey man what’s up I’ve been to Niagra Falls a couple times not lately though not lately but I’ve been to Niagra Falls a couple times a

Lot of times I go to Canada via Thunder Bay now instead of Niagara Falls what about Asian coins they always pump hard cof flux int and Sai Sai could actually pump pretty hard I mean the Sai has been pumping pretty hard lately and if you actually look at um SEI like their their

Meme coin’s been going insane like the Saiyan coin’s been going insane right now it’s gone like super saiyan it’s gone up 400% in the last week so that was something I mentioned on my stream so like you know if you’re looking at these l1s you’re looking at these l1s

That are pumping if they have a meme coin if they actually had a if they actually have a meme coin that’s not like that hasn’t pumped you might want to look at that Meme coin cuz like these chains are pumping but the meme coins are uh but these but the meme coins are

Pumping even harder I mean if you bought 88 30 cents it’s not bad it’s like 100% returns Kramer I mean look look Jim Kramer finally gave up man he finally gave up on like badmouthing Bitcoin I’m still trying to uh convince those snack people to send me like a a

Case of snack drinks I don’t want to spend 40 bucks buying a snack drink what happened with ordinals they have 21 M they only have 21 million with Bitcoin I guess it’s kind of based on bitcoin because it is on the Bitcoin blockchain I it doesn’t really make that

Much sense to me I guess but either way you can’t really transact ordinal on bitcoin like the ordinals transaction stuff on bitcoin is going to jam up Bitcoin so much it’s just it’s like I I don’t think like ordinals is like viable on bitcoin at all El cppo went a went

Long on BTC yes cappo has finally been capped my friends he has finally he has finally come over to our side cuz like he’s been trying to be like super bearish the entire year and now he’s finally going to be bullish because uh he can’t really stay bearish anymore

Also like Hong Kong did actually um have like some stable coin regulations so China like Hong Kong and China are operating very differently China’s cracked down on Tether and Hong Kong has introduced like um stable coins stable coin legislation for just Hong Kong so basically like they’ve almost made usdt pretty much

Illegal but meanwhile Hong Kong has proposed accepting and regulating Fiat reference stable currencies I don’t know if that’s only going to be for Chinese rent or US Dollars too with issuers required to obtain a specific local license so if you want to deal with stable coins in Hong Kong you do have to

Obtain a specific license and a a joint consultation paper from the financial services and treasury Bureau and the Hong Kong monetary Authority spells out the definition of Fiat reference stable coins and requires any companies that actively Market their issuance of f FRS to the Republic of Hong Kong to be

Licensed by hkma so they need to be licensed uh as well that c the criteria for obtaining an hkma license will include full backing of all circulating stable coins so it needs to be 100% backed if you want to launch and Hong Kong you can’t be just like 99% backed

You have to be 100% backed with Reserves at least equal to the par value segregation and safekeeping of Reserve assets so cold storage of Reserve assets disclosure and regular reporting so like full audits everything else the document states that algorithmic stable coins won’t qualify for the license so Hong

Kong is saying thumbs down to algorithmic stable coins it will only be it will only be Fiat back stable coins in the lands of Hong Kong so Fiat will rule Supreme in Hong Kong still on crypto I’m bullish positive yeah my Caspa is stuck on K coin wait so kin’s

Having issues with drawing I didn’t know that 85 2024 very possible very possible Broken Clock uh he gets he gets two tries a day oh yeah have you guys seen like that the B V people are getting especially obnoxious on Twitter these days they’re like cuz like Craig Wright submitted

Some like documentation so they’re insisting that Craig Wright is Satoshi Nakamoto and they’re thinking he’s actually going to win the case against Copa this is nothing this is not like unlike all that crap he submitted before and he’s never actually won the case against Copa why black rock uh why black

Rock delays BTC purchase I mean they only delay it for two days so I’m not like it might have just been something wrong like with a buying contract but realistically they’ve only delayed it for 2 days so like it’s not like I’m worried if they delayed it for like two

Months I’d be like okay maybe the ETF isn’t going to pass until March but they delayed it for two days they basically changed it from the third to the 5ifth so it doesn’t really bother me all that much that they delayed it from the third

To the 5ifth wants to buy the sell the news well I don’t think so I mean like they they basically changed their buy from Wednesday to Friday so I wouldn’t they essentially changed their big buy from Wednesday to Friday so I honestly wouldn’t look too too much into it man

If they CH if they change it by a couple weeks or a couple months I would like pay attention but they change it like by literally two days so maybe instead of getting uh maybe instead of getting accepted tomorrow it gets accepted Friday I mean I don’t think it really matters that

Much thank you for the compliment kly there’s going to be a BDC price manipulation and black rock knows about it Bitcoin could go down to 35k I’m pretty sure Bitcoin will not go down 35k like even Black Rock can’t predict things like that I mean it could just look it just could

Be some complications with the ETF or their buy purchases so they might actually have to wait until after the ETF has proved to really buy so realistically they’re just changing it from Wednesday to Friday so I I don’t I don’t really see any big issues with

That and I don’t think there’s going to be a $10,000 drop within two days I still think we’re probably going to go up towards the 10th and I do believe that there’s a very good likelihood that we’ll get accepted this week and if it’s not this week then

It’ll be very early next week institution can’t sell ETF a couple of weeks anyhow I think like they can probably do it within a week like for for stuff like for people like Black Rock and Fidelity I’m pretty sure they’re like ready I’m pretty sure they’re ready anyways and that’s not how

These ETFs work like for Black Rock to buy more BTC they people they have to get people to buy the ETF no I don’t think people go yeah it will go where it wants no that’s what makes it great I mean that’s the same thing with the stock

Market I crypto realistically at this point when people look at it it’s it’s a more volatile version of the stock market and there’s less barriers to entry which makes more people want to join in I mean people like this investing market and that’s what the government hates right now they’ll have

To sell BTC to their customers yeah well they have to sell the shares to the customers and then like when their customers buy the shares like uh they’ll actually like buy the BTC now um two of the I I think like a Fidelity and Galaxy have already announced their fees for

The ETF they’re pretty small they’re like 39% uh for the fund so it’s not too bad so like they they’re taking like less than 1% for the the Bitcoin ETF fund so you know like I think overall this is uh I think overall like the ETF is going to

Be a pretty big hit with investors so yeah I mean it’s it’s cash back Redemption but like you still have to buy like they still have to buy the BTC coming the most decentralized coin among them all 8 I think is one of the most decentralized among them all always

Kind of has been when ETF has announced people will F into all coins you know when it’s announced there might be a small pullback at first it won’t be 35k but it might be like you know 40K or something like that there’s always the buy the rumor sell the news thing and a

Lot of people are banking on buying the rumor sell the news that’s why it works in the first place because it worked once and then like people are like oh it’s always going to work like this so that’s how the cycle always works but I like I said I’m not I’m not

Worried about I’m not really worried about it at all it’s not something that it’s really not something that like I’m concerned with like there’s other thing there’s other things I’m concerned about this is not one of them I’ve had plenty of time for cheap alt coins I’m ready for a runup ad

Always pop last uh last didn’t get a chance to do the SEC lawsuit 88 just tends to go up with everything else and Ada like Ada peaked later because like it Goen like Goen came out that September so that’s why it peaked last but I think ada8 will do a lot

Better than xrp this time I mean mainly it has smart contracts it has defi it just has more projects will not Shock Me with 300K plus I mean if you think it’s going to go to 300K plus you would definitely just hold on I personally don’t think

It’s getting the 300K but still 80 I mean 80 does have meme coins I you know like I I do think meme coins are going to hit over and over again this bull run it won’t be the same meme coins though they’ll be New Meme coins constantly

Coming out and they’ll become more and more popular so as like people like people will want them chains with meme coins I think like one of the reasons SEI is doing so well is because the SEI meme coin is doing so well people like bring liquidity into those things they

Like they pop off like crazy if the meme coins go off because if the meme coins off like there’s price action and people like people definitely have price action 300K 88 nice nice that’s a really good bag of ADA where do we get to find the

Newest where do we go to find the newest memes it’s hard I mean like you there isn’t a place where like they just announce the newest memes I feel like you just have to check the new chains that are coming out like Discord telegram Twitter like the social media

Networks are probably where you find the latest meme coin a lot of them are going to be scammed though you have to look you have to check what’s trending like unless you’re the one making the meme coin it takes a lot of research and work to like keep up

With all the meme coins that are coming out like here we don’t really hear about meme coins until about a day day or two afterwards what could be the new narrative I mean I still think it’s mainly I still think a lot of it’s going

To be Ai and gaming when it comes out like meme coins are always there like every once in a while a meme coin will come and like break to new highs yeah like social media is like where all the meme coins live like what’s trending on the various networks

That’s where the data is at but it’s really hard to find them it’s all on chain analysis which is not so simple for retail investors it can be onchain analysis like which I guess like which meme coins like which contracts are the busiest you can always like look at that

Like if there’s like a small contract out of nowhere that’s super busy that’s probably a meme coin like yeah like for a lot of the l1s like you just have to some sometimes you have to look at which smart contracts are like the busiest and which smart contracts are getting the most traffic

Cuz the smart contracts that are actually getting the most traffic those are going to be the ones that have like the big meme coins on there so I mean like that’s that’s kind of like all up in the air and you just have to keep track of a

Lot of data which is which is a lot of work and it’s something that like most people don’t really want to do because it it’s not like you just look at one thing once or twice a day my staking Ada is just over a k a month nice nice

That’s a really that’s a really really nice reward man 1,000 1K 88 a month is a great reward something best memes on Saiyan for SEI sh for SEI Kinks for KDA GFF for harar I haven’t really heard of the harar one yet like I guess it hasn’t

Really hit big like saian was mentioned today because it gained like 400% over the last week which like 400% over a week for a meme coin isn’t like super super high thoughts on ordinals sold ICP for near I mean near went up so much the

Last couple of weeks a lot of data for each meme coin and many meme coin so yeah it’s too much for beginners even for non- beginners it’s a lot of it’s a lot of data to actually Crunch and like most of the times even if you do onchain

Data you’re probably going to be buying like halfway up too what’s your price prediction for avac before a dump I feel like avac can I mean aax can probably go past its all-time high maybe like $200 are the ETFs going to be one more 100 BTC people aren’t going to pay

42k for one a time you can buy separate shares it’s probably going to be like 1 100th maybe even 1 1,000 it doesn’t it it probably doesn’t I don’t I don’t exactly know I’m not buying the ETF so it doesn’t really matter to me to me but

I I know like institutional buyers will buy it I’m not really sure how many shares they’ll sell either yeah look I think ICP for near is a pretty good trade actually n’s gone up more than near has gone up more than ICP this bull run n’s gone up n’s gone up

Quite a lot it recently went up like 80 90% I you know right now I probably prefer cardano just because it has a bigger ecosystem har bar has like more potential in terms of Roi though per ey crypto don’t use OBS for your screen sharing uh I use

OBS uh everyone I think everyone uses obs yes I use OBS it’s a great website for salana meme coins bird’s eye crypto yeah but it’s not only salana meme coins that I want to um it’s not really like only Salon meme coins that I want to keep track

Of I’m scared they will sell BTC on the ETF without holding any BTC they do not have to approve the funds or there what do you mean I don’t understand what you uh talking about I mean they can short the ETF yes but I mean if people buy the

ETF they they do actually have to like Black Rock does have to buy the ETF yeah the Jupiter airdrop is going to be pretty big it’s one of the biggest ones because 40% of the entire Supply is going to be dropped it’s going to be at

The end of January but I think I’m pretty sure the the holding deadlines already passed though does salana hat like have a tap tools for all their tokens I did a deep dive for Salon it’s it’s all right no I mean like the salana interface is quite good and the stuff is pretty

Fast if you actually look this is I guess this is bird’s eye doso this and you can switch between salana um ethereum BNB arbit trim optimism Bas it sorts everything else it’s pretty good it it’s it’s basically an API it’s essentially an API that it honestly is essentially an API that uh

Basically congrates all the chains and obviously you can look at Price wallet volume stuff like that so it’s not a it’s pretty good data aggor they could do a little bit better on the interface I guess to Jupe hoping it’ll be worth a lot it’s the problem is like you might

Have to sell pretty fast though for the TW uh 20,000 Jupe cuz if everyone like they’re dumping 40% of the supply so people might be selling pretty fast uh you have to look at the best meme for other chains then uh could be launch at

CX well no the thing is like you’re you can’t wait for the memes to launch on CeX you have to catch them on the decks you have to catch them really early on the decks by the time the CeX listing gets around it’s already too late like because the memes that get the

CX listening they’ll have already pumped a lot See Saw is saying cardano map’s UI isn’t bad like I think eternal’s UI is not bad either it takes a while to get used to but eternals UI is not bad cop and cardano is going to be great game token

Maybe yeah I’m not gonna if I had BTC I I do have a little bit of BTC but like I’m definitely not selling it if I do sell it I’m going to trade it for something else I’m not going to just sell out of the market click find J and

Sort takes a while for the data to come up I guess just got here where I well BTC like Black Rock delayed their $10 million BTC purchase by two days so essentially like it was supposed to be on the third now it’s on the fifth so I

Mean I wouldn’t try to read too much into it because if they if they delayed it for like two weeks or two months I might try to read into it but since it’s two days like the difference between the third and the fifth is like it’s not really like any kind of difference

Between the third and the fifth there’s a dym airdrop coming new L1 on Cosmos okay you’re about to blast off swap Circle okay we dumping to 40K it doesn’t seem like it I mean when the when the ETF comes out we might have a retrace to 40K

But outside of that I’m not really sure Um find the meme on decks and sell when launch on some decks well I mean you got to hold a while on dex’s so fine gems you have salana salana butter uh you have token you know like 24 hours you know you can use this I I still think

Like you I I still think you have to like cooporate this with like to see what’s trending on like social media I I think like if you’re going to try to find like golden meme coins like social media is like pretty much an indispensable tool if you’re going to

Find golden meme coins stuff like this like bird’s eye is quite good for uh just looking at the price AC action like you can see like 1 Hour 2 hour 30 minutes you can see like in 2 hours like Drogo for instance has lost 53% and a 24-hour volume is not too bad

At 2.2 mil so like stuff like this yeah you can definitely like use this tool to actually help you find stuff it it’s like and you can see how you can see how risky this is if you like if you like rolling the dice and gambling this is what it’s at and

Remember you’re you’re going to be paying swap fees as well as well as like the the the slippage so you got to price that in as well obviously you know you have like within the last two hours plus 48 plus 14 – 56 – 53 so you can see how

Volatile all this crap is and you can take a look at the 24 um you can look at the you can take look at the 24-hour volume here like you want 24-hour volumes above a million because if it’s not above a million you’re going to find it hard to sell swap fees are

Used I mean that’s true but some like cardano’s a couple of pennies for me generally but the the thing is like I used to have to have I have to have like a reserve of five cardano to even swap so yes what your thoughts on AI agx going to pump to

$5 I mean I’ve said before I like agx as a as um an AI play I can see like a use for agx $5 I mean I think it can happen the market caps $47 million $5 would be about 6 billion so it’s it can happen it’s not impossible can definitely

Happen take on 21st cut in early which is key I mean all those like all those coins you have to get in like really key all the m coins you have to get in early jasm I you know I’m still not sold on jasmi I don’t think I don’t know if I’ll

Ever be sold on jasmi I I still think like 25 cents or so maybe at the top of the bull run for jasmi I I don’t like I just don’t see that coin you know I’m just not a huge fan soend is not that great Soul Flair is okay Orca just looks

Like a normal UI those are the ones I was using I like harar I mean the ecosystem like they do need to put more into the ecosystem I know they got a bunch of Partnerships like I know they got a bunch of Partnerships right now right now the stuff that’s pumping is

Like ARB and ICP harar and then cro Crazy Salon M coin called used car went 80 million went to 80 million in one week yeah I mean like stuff like that’s just insane but you know it’s it’s how this Market is like I feel like the feds are

Going to try to use those examples to beat down in the crypto Market but but people there’s a demand for stuff like that like they made they they made a lot of barriers to entry for the stock market but people really like this stuff so I’m not really sure if they can stop

It iing it’s all under Cosmos SDK and simple to use do you think Ada will go to in the next Bull Run I still think $5 to10 for cardano I still think like5 to10 for cardano in the next Bull Run cuz I mean we really haven’t started the parabolic

Phase of the bull run yet it’s it’s already like 61 cents playe take a look on uh SS based on sui please tell a price view I mean isn’t that just a swap on SOI I I don’t know how big how how big sui is it’s called xwp I

Think I’m not really sure if this is the one you mean it’s only $100,000 I can’t even see I can’t see it $100,000 I probably wouldn’t buy I mean it could just be a dead project otherwise like you’re talking about I mean there’s a couple of them I SS

Swap I mean this is there’s nothing here SEI is actually doing quite well I I don’t I don’t see anything super special about SEI I mean it looks just like another evm chain I don’t think it’s I don’t think there’s anything bad about SEI I think

To me it’s just another evm chain it might be worth putting money into I don’t know when GRT is going to get to a uh $1 look I GRT keep keeps on trying to Market itself as AI but it it really I mean it’s it’s more of a data

Indexer the graph technology is very early so it’s time to pump it’s it’s a basically a data aggregator indexer isn’t it SEI is really overhyped I mean part of the reason SEI went up is because of the meme coin might not even be on CMC I don’t think this like so the

Um the overall I don’t think the SOI uh Marketplace is that big I mean look all these uh all these coins have to grow with all these coins literally have to grow with their chain so SOI swap depends on sui if sui gets really big if sui actually I’m not a

Huge fan of sui but but if sui gets really big then this will get really big but sui is not that big right now uh you just paste no I’m well I’m talking about sui swap look SEI SEI I do think is a little bit overhyped right now it’s it’s

Basically an it’s basically just an evm chain I mean it’s supposed to be fast or something it’s supposed to be really fast but but it’s also very centralized going up a new narrative and one of the few chains to have it yeah but I mean like it’s Bas look it’s

Basically a centralized evm chain that’s what it is it has some like 30 nodes right 36 nodes kovo will have its time keep accumulating at this price I see SEI is his own layer one what do you mean on Cosmos SEI is his own layer one when do you think parabolic run forall

Probably sometime next year look just because something uses the cosmos SDK doesn’t mean they require Cosmos to run or do they use the cosmos coin like people kept on trying to say like binance was run on Cosmos yeah they might use the SDK but

It’s a it’s a layer one and it’s a it’s its own layer one and it I don’t think it uses the cosmos blockchain all new coins are centralized that’s true I mean it depends how much how many validators they launch with I guess take your money and SEI Adam’s not worth

It I mean they have to make a more of a use case for adom that’s why I swap my Cosmos the coin itself is no use wait then is it still a layer one if if it used the cosmos blockchain Adam does have great staking rewards don’t you build a cardano steak

Pool I definitely I don’t want to operate a steak pool I think I think a couple of the other YouTubers have actually had a Stak pool and I don’t have any extra Rewards Adam has a great stable coin I mean if I wanted a stable coin I

Would just buy a stable coin so I’m not really interested in that market is dumping what’s the news for it’s not really dumping I mean look it’s bitcoin’s barely moved it it’s probably just a retrace from the it’s probably just a retrace from the upward movement yesterday and also like Adam did Adam

Did comb down that their uh rewards their staking rewards so they wouldn’t have so much inflation problem is even with the staking rewards you won’t gain more than L l1s yeah that’s true cuz it’s like the sing wars were like 12 133% a year so like you’re if you miss the Borum

Because of that definitely not worth it fomc maybe explains the dumping tonight Adam is good for the bare market and other performs in the bull market I mean Adam did have a bit of um inflation in the bare market so it has more coins now and I

Don’t know if there’s a direct use for adom in the chains that technically depend on it buying it but is J still yeah yeah I think it’s like I think it’s uh I I think it’s still right on schedule look the ETF like the they basically just delayed it for 2 days so

Like they originally were going to buy like $10 million tomorrow they just pushed it until Friday so it’s not like they pushed it like two months into the future they only pushed it two days into the future so I don’t really I would not read too much into it it’s still well

Before the 10th slow shower but Tech is unmatched many of the altcoins are back to last week’s price a couple of them I’m sure they’ll like they’ll probably just go up after a couple of days I think people are people might be a little bit cautious around ET around the

ETF I guess I mean like I don’t know what else to say about that there’s no use for Adam it’s an overvalued staking coin I mean it’s a stain coin there’s probably a couple of like defi pairs with it as well so like I mean you don’t

Have to buy adom to buy like the chains that technically depend on it the FED meeting tomorrow is there is that the first fomc meeting already they did they just met in December if it’s just a bunch of if it’s just the notes I don’t really care now

The next the next fomc meeting is January 30th so it might just be the FED notes tomorrow which I don’t really care too much about I mean so we had a rally um we had a we had a rally yesterday we actually did have a rally yesterday I mean we’re

We’re above 45k for the first time so we did have a rally yesterday and like crypto stocks actually went down a little bit to close the year so I think it’s a good time to buy crypto stocks for looking for an investment a great value prop it’s not

Like B&B where you have for transactions yeah I mean Technic they’re supposed to use Adam for security but I don’t really see it what’s the probability that ETF will trigger a bull run I feel like the ETF there’s going to be a small selloff right after the ETF and then like after

Two or three three days it’s going to go back up and start running cuz I I do think there will be kind of like a sell the news type of moment now I don’t think it’ll sell off very far I think it’ll sell off maybe like maybe to 40K

Or something but that’s about it like a little more than 10% and then start going back up I still think there’s a pretty good support at 40K at this point I I don’t really see I don’t really see for foresee like a gigantic selloff that takes months and months to

Actually recover if there’s a selloff it’ll be like 40K I think bullon will happen after the BTC having I mean we’re pretty close to that too we’re about 3 months away I have neon and going to get monad when it launches nice I’m more interested in the

Ecosystem I would be I mean I’m interested in like the I’m interested in the crypto ecosystems I that’s what I kind of look at that’s what I kind of look at in cryptos before I decided to buy you know cuz the activity in the ecosystem is going to be uh the activity

In the ecosystem is really going to be the onch like is going to be like how much activity it has and like how much it’s actually being used we in that bull before the next move up or down perhaps perhaps we are why is I been pumping for the past month

I mean a lot of coins have been pumping the last month they will deny and scare the market than approve Black Rock few days to a week later no I mean they could but that wouldn’t make any sense I feel like they just get sued by Arc if they do

That I I feel like you got I feel like people like these predictions are like incredibly unlikely moves because like all these ETFs are filed under the exact same language it really wouldn’t make sense for to deny one and accept the other one I feel like if they deny one

And accept the other one whoever they deny is just going to sue them and it’s not like the SC can just like keep on taking losses because they’ve taken enough losses we’re deaf breaking through the bull market doors right now it wouldn’t be waiting for any other major pullbacks

I really wouldn’t be waiting for any other major pullbacks people have been waiting for a major pullback since like 30k and they’ve gotten like destroyed vacon JP correction 10 cents do you think Koval will run this bu run or the next one I don’t even know what that means is neon baby

SEI no neon is not Neo uh neon’s like a newer project Neo is kind of dead so we don’t talk about Neo I mean it’s an evm it’s basically an evm it’s basically an evm smart contract in salana that’s what neon is parallel evm for Salon virtual

Machine I think like ethereum I think ethereum is still going to going to continue dominating as long as everyone goes evm I think if everyone I think as long as people go evm ethereum will keep dominating because why not right Neo is like AOL nah bro AOL actually had a NE

Like AOL actually had a good period of time where it was like really popular was like where was like AOL like remember during like the mid 90s AOL was like America going online Neo never really had that time period Neo like never really had that time

Period Neo was like we’re we’re going to be Chinese ethereum and then like everyone was like no you’re you’re actually not you know a lot of new coins do launch with like five or six% circulating Supply no dude like you know you know for you for people that are younger like

I don’t think they I don’t think they remember how popular AOL actually was cuz a lot of them like a lot of the younger people in their 20s they were born in the they were born in the New Millennium so they don’t really understand like AOL was like like

America going online in the mid 90s like 30 years ago AOL was the man had dial up AOL until the day they shut down the network I mean we switched to like once we moved to St Louis we basically switched to broadband but AOL was like AOL was it like in the

90s what’s your opinion on tekom a layer two for Bitcoin and soft so can techum actually handle ordinals on its layer 2 because the problem with lightning right now is you can’t Port you can’t port ordinals to lightning like you cannot TR like because ordinal transactions are bigger you can’t actually Port them

Through lightning so if like something like techum can actually process lightning transa process like ordinals it could be something pretty big oh the one hour free internet yeah dude it was we had a subscription though I think it was like 1995 19.95 a month or something and it was like and we

Thought like 28.8 288 was like amazing like if we could actually if we could actually maintain a solid 288 that was the back then 2012 dang man did did AOL ever go Broadband I don’t think they did no there isn’t any Hong Kong Bitcoin ETF news right now but Hong Kong did lay

Down the law for stable coins you have to have full backing and algorithmic stable coins cannot exist in Hong Kong think cabba I I I mean I really don’t care what Ben Armstrong’s pick was because like Ben Armstrong is like literally on drugs like I’m not saying that in a metaphorical

Fashion I think kav is starting to wake up they officially have zero inflation implemented now hopefully yes I did have I did used to have the icq messaging system I mean I had like even when I was in college in the early 2000 or was like aim icq

Trillion and like all these others crypto vagan channel is the only uh vegan crypto what the hell is that what does that even mean he’s the only vegan crypto Channel why would I care if you’re vagan or not I don’t understand like you can either eat meat or not eat

Meat what does that have to do with crypto can I make a killing for sure is 100k portfolio is it stupid to keep Point instead of pure alts no No.5 be TC is fine what do you think about Cody I mean I think Cody will actually grow with cardono obviously Cody’s the

Issue of deed the issue with deed I I’ve said this multiple times the is the main issue with a Jed is that you can’t expand a Jed because of the amount of um the amount of backing you have to have and like you really don’t want to L uh

Have a less backing because like crypto’s so unstable that like you could actually just go kapoot if you like don’t have at least two 300% backing what are you talking about Black Rock cannot buy before the ETF starts trading they can seeed it they were supposed to buy $10 million worth of ETF

On tomorrow they had a contract to buy $10 million worth of ETF tomorrow they moved it back to Friday is Cody it’s still there I mean look Cody’s not going to die Jed is not going to die it’s like you know like with 400x with like 400% backing it

Can’t really die you’re not going to like have it just drop to zero cuz there’s so much backing on it uh but like it’s also it’s very very hard to grow though if you want 400% collateral I don’t know if they ever found who backed door I don’t think I

Don’t think it killed Jed though Jed is still there think dot could hit anywhere in near 100 I think dot can can probably hit around 100 yeah seeing means that CL clients get the money but they buy on first trading day no but they actually had a contract to buy 10 million

Tomorrow yeah see like Black Rock black rock delays uh 10 million Bitcoin purchase new date unveiled so in a move that aligns with growing anticipation surrounding potential approval of black Bitcoin spot exchange traded fund the world’s largest asset manager had initially planned to purchase an impressive $10 million worth of bitcoin

On January 3rd so they were supposed to purchases tomorrow um however recent reports indicate that black rock has now postponed this purchase the scc’s anticipated approval of a Bitcoin ETF has generated significant interest and speculation within the cryptocurrency market to pave the way for Bitcoin ETF launch black Rock’s affiliate seed

Capital investor initially purchased seed shares on October 27th the seed uh shares consisted of 4,000 shares at per share price of 25 bucks so it looks like the seed Shares are only $25 per share amounting to a total of $100,000 these shares were later redeemed for cash in

January and the seed Capital investor proceeded to purchase seed creation baskets comprising of 400,000 shares to the same per share price however recent reports confirm that black rock has rescheduled the seating process for its highly anticipated Bitcoin ETF the initial uh $10 million seating scheduled for January 3rd now serves as a crucial

Step towards the ETF launch is now planned for January 5th so instead of January 3rd it looks like they’re going to buy on the 5th $10 million is impressive I mean $10 million before anything is announced or launched yeah it is like they they really can’t they like they can’t really

Do anymore like what what are they supposed to do they don’t even have they don’t have an ETF that’s even approved yet like what are they going exactly going to do there I got breaking something’s not right the Market’s going down dude it’s just it’s not really going down it’s just not going

Up now I think it’s the anticipation of the black I think it’s the anticipation of the ETF that’s making the Bitcoin go up I mean we’re we’re above 45k for the first time in like two years guys we’re not like or a year and a half we’re

We’re just fine guys we’re just we’re perfectly fine I don’t know like they’re giving signals that the etf’s going to be approved late this week most of most if not all the analysts say that think the ETF is going to be approved this week like late this

Week Goldfinch Ponzi or not I don’t really I mean I I haven’t really kept up with Goldfinch it was one of those rwas that seemed pretty good altcoin daily bro said it might crash to 30k why why would it crash to 30k like I can see it going down to 40K

After an ET F approval cuz people will actually sell the news but why would it crash to 30k we’re here waiting on Elon Musk to speak yeah Elon Musk has nothing to do with the ETF look Elon Musk should honestly be completely irrelevant to crypto I think BTC is sucking liquidity

Out of alts now it might be a little bit honestly it doesn’t I mean it’s not like a huge it’s not like a huge dump and there are some alts that are actually up I feel like it’s just a I just feel like it’s a regular Market pull back and

Bitcoin really hasn’t pulled back well um whoever that the other day yeah look Elon should be Elon Musk should be completely irrelevant to crypto he hasn’t like Elon Musk has done absolutely nothing for crypto it’s obvious that is the BTC dominance is going up some a little bit

A little bit right now it is going up a little bit right now but it’s well within the usual range any thoughts on storage plays I I like I probably I’m not going to use them myself but there is a market for them like how they’re actually going to

Use the coin and like how that business is going to make their coins go up that’s like open to question like how any utility is going to make the coin go up is always a question because there’s not been a single project where where utility has actually made it go up the

Only one you can argue is ethereum and that’s because they’re blockchains made to suck basically new plastic I don’t know I see this ETF season be the opposite of 2020 pandemic I mean the pandemic we had like that one big flash crash on the pandemic and then we just basically did fine

Afterwards I’m just tired and PE I’m just tired and sick of people worshiping him in crypto he hasn’t done Jack crap for crypto besides like pump and dump Dogecoin that’s literally all he’s done for crypto like and people act like he’s some kind of crypto Guru or crypto

Expert they’re like what does Elon Musk say I’m like who the cares what Elon and MZ no there is no Tesla and dchain partnership I don’t know look I’m not going to say he’s evil or anything like that but realistically who cares what he says in crypto he’s not like he’s not

Some kind of crypto Guru he’s not some kind of crypto Guru Elon has very little to do with crypto’s Doge plan is to FL is flop too no he’s gonna put like Doge one on the moon or something that’s probably gonna pump Dogecoin but like who cares what

Elon Musk has to say about crypto he doesn’t know anything about crypto he just uses crypto to gain attention and troll people like his elon’s like Elon Musk like fan club is nauseating it’s disgusting they treat him like he’s some kind of God is fighting for free speech which is

Integr with Bitcoin and other crypto bro no it’s just like elon’s brand of speech it’s not actually free speech alts are not crashing his face is stretched like I can’t actually customize Twitter now to like block out all the right-wing garbage at this point like basically even if I like even if I

Like uh just even if I try to like block or mute certain uh certain certain people on Twitter like this the stuff shows still shows up in my tweet fights for things that make Elon money more or less yes the neural League thing yeah he

Killed a bunch of chimps for that one I yeah look Elon hasn’t been the nicest to animals I’ll give you that much he’s done a lot of experimentations they’ve killed some animals I can’t really deny that one cuz cuz like that’s pretty well been documented I don’t really know about the pigs and

Sheep and stuff but yeah El knows people hang on his every word probably fine I think look I think that’s exactly what it is I think like I think he actually finds it amusing that people actually listen to whatever BS he makes up I think that’s I I mean that’s I think

That’s the reason he does all this stuff he finds it really amusing that people hang on his every word no I don’t actually follow Elon Musk I don’t think I follow unless like I def he made everyone default follow him maybe that’s it like maybe that’s it

He switched on to default follow when he took over Twitter I don’t think I actually like I never like clicked follow on Elon Musk no I don’t actually follow like no like the tweets like the the tweets that appear on my homepage it’s not just the people

I follow there’s a bunch of like there’s a bunch of gu people like Don Jr or like Eric Trump that always appear on it for some reason and people like Laura lumer that I don’t really follow at all Zoomers worship the crown Elon walks on it’s not only Zoomers man care that he’s

From uh genocide country with blood diamonds and people actually still recognize what he says is irrelevant well the thing is he’s the richest guy in the world and like a bunch of like a bunch of kids or like I guess a bunch of Zoomers or Boomers or whoever they want

To be like they want to be the richest guy in the world like it doesn’t really matter what his moral guidelines are they just want to be like they want to be super rich so they just hang on whatever Elon says cuz they think they think it’ll actually make him rich in

Twitter Bluebird Doge and then Sola is right after 30% pump I mean look I’m not going to say what I’m not going to judge like what he did and didn’t do to cryptocurrency like if you were dumb enough to hang on every word on of Elon that’s your own fault

Hon probably blocked you after you tweeted he didn’t have any balls no he still he still appears on my feed randomly I look the thing is like I think Twitter tries to like gauge what you’re interested in but they have like a huge preference for like far right-wing content basically

When will employee see BTC as an option in their retirement well my look when I first log on the default is like my homepage so like it’s just whatever happens look Elon is look Elon is pushing his own agenda just like any other speech platform it’s not like free speeech I my

My own when it comes to FL look I look I I don’t really give a crap about what Elon Musk says for crypto I think a lot of people follow him the only thing I care about is if he tweets about Doge and then it makes my

Dogecoin go up and then I’ll sell it basically like that’s the only thing I really care about what he does like because to me he’s more or less irrelevant to all of crypto he he’s not really like uh you know he plays with the Bitcoin Tesla thing just to get

People interested he he a uses it for attention was bullish on bitcoin and hold your nose I mean it’s not like bitcoin’s gone down bitcoin’s bitcoin’s basically even and crammer has never said anything about altcoins he’s basically said like bitcoin’s not going away which I think everyone I’m pretty

Sure like everyone is uh in agreement that bitcoin’s not going away anytime soon decentralized social media needs to cash out very annoying no no no like he’s relevant he’s obviously relevant in the realm of EVs and like rockets and stuff but he’s not really relevant in crypto CH is bullish on

Bitcoin Kramer basically said bitcoin’s not going away it’s a marvelous technology and it’s here to stay which is basically what everyone has actually said about uh crypto about Bitcoin at this point I don’t think Kramer acknowledges altcoins yet I I don’t think Kramer is really in that market I

Mean he’s still he look he’s doing fine making horrible calls on stocks that’s like his thing I got banned from Twitter after 4 days on there for sharing retweeting tweets Elon is a fraud look I’m tell I told you Elon isn’t really free speech it’s like Elon speech Kramer is so

Lame look look look look Kramer is basically pure entertainment he’s not an actual like like no one actually no one should actually take Kramer for his predictions because his predictions are really really God awful I think everyone realizes that Eli like Kramer’s predictions are really awful you counter trade Kramer on that statement

H Bitcoin is old technology but it’s decentralized altcoin should have more recognition but they pretty much free otherwise yeah I mean like they are more free but the tweets that he that Elon promotes are generally like really far rightwing like the right-wing stuff is the one that like defaultly gets put on

A lot of timelines xrp is actually up 1 cent I mean it is coin is old Tech look most things are going to like most things are like going to be up the last few days you know Bitcoin broke through 35,000 I’m pretty sure most the altcoins will start catching up soon I

Think like most the altcoins will actually start catching up soon ICP is just like doing extremely well today Kramer acts like a bull but is a big bear Kramer is look Kramer is just like delayed news more or less like he always like his predictions are always like

Whatever the market is right now so he basically believes that whatever the current market like the market currently is Will basically be the market forever isn’t as decentralized as it used to be or as much as you think mega no Bitcoin obviously isn’t as decentralized man like look five like

Five pools mined all like 85% of the Bitcoin block so it’s obviously not that decentralized but that’s the like with the mining mechanic that’s the way it was always going to be the same thing with ethereum right now because its staking mechanic actually promotes centralization so yeah like there’s

Problems with both Bitcoin and ethereum we can all agree on that Kramer is the 200 weekly moving average I and went at $5 I mean he if it gets to $5 it’s not a bad Cash Out spot isn’t as decentralized Ada is number one I mean Ada is very

Decentralized because of the way P dpos actually works like they actually de incentivize large staking validators unlike ethereum which incentivizes large staking validators the thing is like ethereum is made for like big staking pools to actually control ethereum the price actually look un unless you bought like when flare first

Debuted like you’re Pro you’re not down in terms of buying flare it’s just that you haven’t gone up sure like Flare still might be down compared to some of the other cryptos that have seen much bigger rois for this year but if you bought flare like at any time besides

The initial uh besides like the initial like Drop you’re probably up Kramer is a bull trap look look Kramer is like Kramer B basically like just takes a look at the market and be like Oh Tech is up so it’s going to go up forever that’s really what Kramer

Always calls he’s like whatever is going up right now is going to go up forever and whatever’s going down right now is going to go down forever that’s that’s basic you can look at the projection that Kramer like you can look at Kramer’s projections and you can see

That they’re all basically that type whatever’s going up right now I like whatever’s going down right now I don’t like and that’s the way it’s going to be forever and ever but obviously we all know that’s not how the market works I’m on board generally speaking with ad8 so far it’s pretty

Good May P Facebook I mean look look look look b32 if you’re talking about like is he in term if is he up in terms of Bitcoin yeah no he’s he’s down in terms of Bitcoin because bitcoin’s gone up more than 150% slightly more than 150% like this

Year but is he up in terms of USD he’s actually up in terms of USD I I recall he made the bad Facebook call and cried look he’s if he all he if he only predicts based on the present obviously he’s going to make bad calls you can’t

Like if you’re doing stock market analysis you can’t just predict on the present if you always predict on the present you’re obviously going to make really bad calls that’s just I mean that’s just how it’s going to be be people are crazy about SEI because SEI went up a lot

ICP doing good what price could it go to I I still think ICP can top out at about 100 bucks I don’t think it’s going to go past 100 I think a lot of people are really really like uh hype about ICP I’m not nearly that hype about

ICP double btc’s gains this year not bad for BTC proxy SEI token Supply is scary well no it’s because look it’s because of the meme coin it’s also because the mem coin went up a lot I mean if you look at the the Saiyan memec coin like the Saiyan memec coin

Literally went Super Saiyan like it’s it’s up a whole whole lot right now that the memec coin so the meme coin’s actually getting the the the meme coin’s actually getting the main chain a lot of traction so like you know when these are like the air like aird drops and meme

Coins right now are maintaining the positive are maintaining positive momentum SE uh SEI token Supply any news for V essentially look if for for flare if you bought if you bought after I would say if you actually bought after like May you’re probably doing okay if you bought before May you’re

Still doing piss poor with Flare basically should do a Vegas meet up with George or one of your own help grow the channel let a lot of how awesome your channel is Vegas meat doesn’t seem bad actually I like I haven’t been to a casino for a while but maybe Vegas does

Have some pretty good buffets maybe in a couple of years any that price can go up it’s because it’s stable now no look V’s actually done pretty well since the last couple of months as well like it’s it’s kind of like just stuck in there right

Now but I’m pretty sure it’ll burst up when Bitcoin goes up again I think a lot of coins are just waiting for Bitcoin to go to that next level metastyle I haven’t really been keeping track of medis I haven’t I haven’t heard too much from the blockchain that’s shifting to a

Decentralized sequencer I see I mean there’s there’s already like a ton there’s obviously already a ton of like umay layer twos out there dude I’d rather just do one in like Indianapolis or like Minneapolis because it’s actually closer to me CU if I do one in Texas I have to

Like drive like 2,000 miles to Texas I don’t want to do one in Milwaukee because it’s ghetto but uh like I I do want in Minneapolis I actually don’t like Chicago all that much because like the city is just too crowded and I’m not a huge maybe like in

The suburbs of Chicago medas is different from other l2s because you use need medas for gas fees ah so there’s actually a purpose for the coin then cuz like other like like other stuff there’s actually like like other stuff there’s um other layer twos you don’t need it

For the gas fees so sometimes I’m wondering like wait what the hell is the coin for anyways I don’t know if you buy some SEI right now you might be buying pretty late though is the problem cuz like there was already like the fomo has already been in there for

Um the fomo has already been in there for SEI I don’t know what which country my question is about the retirement fund companies present the option to employees would this be your next uh probably next year if you’re because like I think I I don’t think it’s until 2025 that they

Can actually even do that with crypto it still might be solid maybe doesn’t the value of BTC going up decrease its use in transactions and push the value back down not necessarily because bitcoin’s still primarily a store of value wait isn’t it supposed to be for

The United States isn’t it for next year though because like I I I think it’s like 2025 when they can start allocating doesn’t the value bz going up decrease I mean look Bitcoin still more of a uh thing of value and if you really want to tr transact Bitcoin you’d probably just

Go through lightning instead SE nice nice yeah the lives are always pretty fun don’t expect massive gains so uh yeah if you like it if you like the content you should like subscribe donate all that good stuff I should never CAU yeah don’t expect a massive gains from

It it Market capab is already in the billions I mean it’s like one billion so you can still get decent gains from it still yeah huge inflation uh huge inflation lock still I mean like SEI is kind of new I think I’ve never really heard of it until like recently so if

It’s pretty new there’s always going to be big unlocks there’s very few fairly distributed coins Caspa is one of them but fairly fairly distributed coins have their own issues like they don’t really have a treasury to draw from so they can’t use incentives SE going to be a I mean it

Has that Narrative of being like a parallel evm so I guess there’s that it does have its uh it does have its like parallel evbm thing so there is that great Tech New Age coin still young we’ll see like we’ll see after can Black Rock just hold tons of Bitcoin and not

Buy or sell and therefore will not go up or down as much well well I people can always short the ETF first of all so like like it’s not only the primary markets that affect bitcoin’s price the secondary Market also affects bitcoin’s price and economic market like economic markets just work differently that

Makes after an ETF approval can Black Rock uh just hold tons of Bitcoins and not buy or sell therefore yeah and also like it’s an ETF so like if people if their customers sell the ETF shares they have to sell the Bitcoin and refund it that’s kind of why they wanted like an

In kind bit Bitcoin ETF and not like a cash based ETF so no they can’t just hold not buy or sell they kind of have to do what their customers do cuz like basically like for a spot for a spot ETF you have to hold the same

Reserves as like the value of the ETF what justifies a store of value I mean not really look at gold like no one actually transacts in gold and yet it still has a really high store of value same thing with silver no one actually transacts in silver either and

Yes gold and silver are used in like daily objects but that’s only a small part of the supply I mean a store of value a store of value basically is a hedge against you like people are using a Bitcoin as a store of value they’re probably just hedging it against

Inflation gold and silver is not dying as a store value Gold’s like higher than ever in price right now I mean it hasn’t appreciated all that much in the last 10 years or so but it’s it’s kept its value silver is actually going up isn’t it kind btz to just like the

Robin Hood business model in kind is basically you’re trading other assets for the for the Bitcoin ETF August so we’ve got about eight months until the SEI stuff has uh to grow I I feel like also also the thing is like if you really want to transact B

BTC you can just use lightning as long as you’re not doing ordinals you can use lightning if you’re using ordinals you’re just kind of but like if you’re not using you can use lightning VC run the crypto Market centralized staking on SEI I believe I haven’t

Really seen it but there might be I haven’t I I don’t really I haven’t really used uh SE no ETF isn’t delayed black rock is just delaying their seed funding for the ETF can you not just hold on to it even if the clients want to sell it no cuz

You have to redeem you have to give the clients cash like when the clients actually want to sell the ETF they expect the cash for the ETF so you have to sell the Bitcoin to provide them with cash gold and silver are the best way to store your money under the

Mattress I don’t know man if if someone if some if people actually knew that I had like a million dollars of Gold Bars Under My Mattress I’m pretty sure I would get like robbed not a great way to actually store money not exactly a great way to store money

Like in my opinion people don’t run people front run Black Rock now they are waiting for dips is what I read I I don’t like b e I don’t really think so there’s probably some complications with the filings and stuff I mean they only delayed it two days I

Mean unless they really expect a massive dump within those two days sure I’ll give it to you but I don’t see it who would be holding Bitcoin in reserves for ETF purchases uh mostly coinbase I’m confused isn’t coinbase being sued why is uh why isn’t so look look because they’re being sued for

Different things and also I think the SEC are going to lose the case against coinbase so coinbase is being sued for listing unregistered Securities but that’s not what custody is so they’re two different things just because you’re being sued for one thing doesn’t mean you can’t be custody for something

Else it’s subject to a chain of corruption same as banking well yeah I mean JP Morgan controls the price of silver a lot but I mean Silver and Gold Have intrinsic use as well in terms of production clients will probably dump BTC ETF they won’t be able to dump the

ETF as fast I think you when you buy the shares you buy them for a set amount of time despite popular opinion I mean there is a lot of gold and silver in the world I’ll give you that much so we can front run the ETS

But the thing is like if you’re if you’re getting into there like nothing really has value like paper money doesn’t have value if the metals don’t have value I the only thing that really the only things that really have value are like you know food and like you know

Entertainment and that stuff but you I mean I mean like the only thing where you trade value for value is barter but no one’s going to go back to a barter system that doesn’t make any sense we can front run the ETS every day after for Market open close if we still

Trade in crypto I mean you would need a lot of volume to front run the ETFs which I don’t think you can actually do you would need a crap ton of volume to actually try to front run ETFs which I I just don’t I just don’t think you’re going to be too successful

If you try to front run ETFs like you know unless you can get something unless you can get something going like Wall Street bets or Satoshi Street bets where you get like giant amounts of people to buy and dump what you dump I just don’t think I really

Really just don’t think um that you can actually really front run the big firms cuz like people are all like in a jubilent sentiment that every like the big firms are going to be buying so if you try to front run the market just might move the other way and it’s

Probably not that smart Bitcoin in kind means der all paper trading means Bitcoin will become stagnant no no like no no in kind in kind actually means that you have to trade actual I think you have to trade assets for the Bitcoin like uh cash just means you have

To buy the Bitcoin in cash like basically you you put down like a basket of assets to to back your Bitcoin ETF for in kind the clients do at least I think Wall Street bets is still there they’re just not making as big of a noise it’s hard to keep a bunch of

People together at this point it’s hard to keep a bunch of people together and get them to act in one get get them to act in unison for a long period of time because everyone has their own interests I mean if you want to deal

With a land thing sure I don’t want to pay property tax and I don’t want to manage land no the thing is like I I don’t think you can actually yeah I don’t think you can really be that successful over the long term and trying to front run like the

Big bonds I just I don’t see that as a viability also I wouldn’t want to do that because I don’t want my retirement funds to go to zero because like if I front Rock like let’s say like I have my retirement with black rock right if I

Front run Black Rock and I keep making them lose money then my retirement goes down to zero and I don’t want my retirement funds going down to zero so it wouldn’t actually benefit within me serious question if Bitcoin people hope it replace US dollar then US dollar crashes why sell in kind

Cash you know what I have no idea I actually have no idea that’s a good question but first of all I mean bitcoin’s not going to replace the US dollar so I’m not really worried about that I I personally do not think Bitcoin is going to replace the US

Dollar there might be some people that think that Bitcoin is going to replace the US dollar I’m not one of them I think the US dollar is going to be here for like several days decades so my like my eventual goal is to sell Bitcoin for

A lot of US dollars or sell crypto for a lot of US dollars cuz like you know especially with the smaller coins they’re not going to become like the de facto currency there’s no way like Bitcoin could become a more of a deep facto currency but not really for the

United States maybe for like South some of the South American countries but not for the United States you plan to be a millionaire in this coming Bull Run I hope so I want to become a millionaire but there’s a lot of things I want want

You know like that I don’t get like I want I want a tropical Private Island but I may not get it like I I want to be the main character in one of those Chinese cultivation like anime like like anime worlds like I want to live in one of

Those worlds because then I can live forever and become more powerful as I go along but see I’m not going to get that either because that’s not realistic sell uh crypto for a lot of dollars every cycle to basic basically he says I need to get more of my money into mature

Investments he was talking so much at the last meeting the manager from from USB so I I think like look like managers are gonna like they’re probably just going to try to steer you to products that they’re into I mean you know the thing is like

My like I think a lot of people including myself we’re in crypto because we’re not rich if I was rich I may not be that much into crypto because if I’m rich I don’t need to take the risks like if I’m already super rich I don’t need

To take the risks like why would you take like if you’re already rich and you’re you can you you always have like you already have the money to buy everything you want why take the risk right it’s because we don’t have it’s because we don’t have billions of

Dollars that we take the risk to make those billions of dollars you know can become a monk at the uh sholan Temple yeah but that doesn’t actually like monks can’t actually like fire like shoot Fireballs out of their hands and fly and stuff that’s not like real

Life dollar is not going to go go is not over I don’t understand why people think about this like they like crypto people crypto Bros make such a big deal about bricks and like it’s essentially a nothing burger at this point it’s cheap which funds keep buying shares people have been yelling dollars

Over for 30 years it’s still as dominant as it was before explode this bull market I may have to buy a p I may by I saw a cub for sale why would you want a freaking pet tiger yeah birds are fine they’re loud as crap though if you keep them as pets

I had two parakeet once how many functions a currency performance is what creates the store of value immutable funable verifiable no no no a currency a currency’s main function is medium of exchange it’s not so much the immutable fungible verif verifiable aspect of it that makes a currency a currency the

Actual current like what makes a currency a currency is it functions as a medium a trusted medium exchange that that’s the that’s the main purpose of a currency uh only if you sell actual Bitcoin period look idealistically Bitcoin wouldn’t be tied up in all these financial instruments but realistically

It was always going to be if you wanted Bitcoin and crypto to expand this stuff was always going to happen I feel like people are like I think some a lot of people are just in love with this idea of like this uncorrupted pure idea of Bitcoin but

That’s not really how the world Works currency isn’t a store value in that sense I guess I mean like it’s like the main function of currency isn’t as a store value the main current fun function of currency always been a medium of exchange I mean but people will store like a dominant

Currency or a reserve currency as a store of value because they think that to be stable and like because of inflation some people see Bitcoin as that just because Bitcoin doesn’t have infinite inflation now that that’s not the only thing that makes a good store of value though so there’s definitely questions about

That I mean xrps how many transactions per second can you do with gold it’s been like the world it’s been like a it’s been a clear store of value for like thousands of years how many transactions can you how many transactions per second can you possibly

Do with gold not very much but it still works because everyone believes it has value and plus like with lightning you can do a lot of transactions per second so like if you’re going to use Bitcoin for transactions you have to actually Port it through lightning there’s no other

Choice yeah but I mean that really doesn’t matter at this point as long as people believes it has value it’ll have value I mean faith is like you know like our dollar gold is it’s faith that makes these things have value I know it sounds religious but it is actually faith that

Makes all these things have value because if you think about gold or silver the actual utility price doesn’t justify the price they are right now it’s because people believe that it actually has value so you don’t actually need a fast fast transaction price and plus like I said you can just Port

Bitcoin through lightning if you really need to can invest in small amount exactly like look people like crypto because the chance of massive gains you know like they don’t really they don’t really think about the massive losses they can incur they just think about the massive gains and that’s why crypto is really

Popular 2,000 years of History makes gold have value but realistically it’s just a Shiny Rock yes we do use that we we do use Rock in building but you know we also use Concrete in building and no one thinks concrete has that much value it’s it’s basically like it’s basic like these

Things are essentially given a value and Society props them up to have value so if enough people in society trust Bitcoin to have value then it’ll have value you can always but there’s a limited amount of gold in the world and it takes a lot of money to actually find

Gold too like there’s it’s not like you can just materialize gold you know like to actually synthetically create gold would actually probably be more expensive than the actual gold itself Gold’s not used as a currency I mean get in this s like bitcoin’s really not used as a currency either there’s

Like a couple of small countries that do but like I said you can just use lightning if you really want to transact Bitcoin you can just use lightning like you you can actually just use lightning like people keep on forgetting that like for basic transactions you can just use lightning you don’t actually

Have to use the B base chain I’m from the G Congo you can find gold there easy too but you can you but a gorilla might come and eat you before you find the gold though the Congo is a dangerous place not only because of guerillas because

There’s like people there that want to kill you as well because I I know there’s like I I know there’s like different factions and militias that move through the Congo the DPR de the Democratic Republic of Congo so I wouldn’t actually want to go to the Congo

Unless I had like a a really well-armed guide and I went there fishing gold w’t survive my children’s generation why wouldn’t it it’s not like the Gold’s going to decompose more gold is used for industry but there’s plenty of gold that’s not used for anything that just sits there I

Mean it’s not like the world’s supply of gold is like growing scarce so like gold like gold generally has value because people assign gold to Value same thing with silver and copper and platinum thanks baby will thanks for the compliment like like people assign these things of value like they don’t they

Wouldn’t actually have much of a they wouldn’t have nearly the value if people didn’t assign them value and it’s the same thing with Bitcoin except you don’t actually need Bitcoin to build anything trilli millions of gold tons in the ocean microsc yes but here’s the thing you can actually if you actually

Sift through all that ocean water you can find millions of tons of gold but to find like tons of gold you have to sift through like many cubic miles of water that’s a hell lot of water to sift through to find that gold so it’s it’s not really like it’s not really

Accessible file coin pumping I don’t file coin’s been pump for a couple of days I haven’t seen any news how high without would you recommend it buy it now I think Bitcoin in this cycle can get to about 150k but that’s just my guess everyone’s just guessing like no one knows really for

Sure but I’m looking at the ETF I’m looking at possibly the Qatari Sovereign fund and I’m guessing like it can get to about 150k but that’s my opinion Canada has a lot of diamonds in the north Canada does actually have a lot lot of diamonds in the

North just a bunch of social contracts that give anything value more or less yeah just like just like how Apple passed gold market cap will surpass um Apple did not actually surpass the gold market cap the gold market cap is like 10 trillion right

Now uh is it possible to top out in 2024 you think it’s I think the Top’s either going to be late 2024 or early 2025 when it’s going to top out like along that line I’m not really sure but I think the Top’s going to be like late 2024 early

2025 that’s my guess to the mining company in Kung look it up I see it’s not unlim I mean diamonds technically has an unlimited Supply cuz it just compressed carbon like if we really wanted to we can make like synthetic diamonds which are basically the same thing as actual diamonds you

Can tell the difference by a mass spectrometer because synthetic diamonds don’t have flaws but they’re they like a diamond is just really compressed carbon if Chuck Norris scree if Chuck Norris took a bunch of like pencil lead and squeezed it really hard in his palm he would come out with

Diamonds I wouldn’t invest in diamonds cuz like diamonds lose their value can lose their value like did you know that Chuck Norris can like eat pencils and crap out diamonds biggest scams happen with diamonds you need to be super expert yeah look some of the like some of the

Really good CZ stuff it’s kind of hard to tell apart from diamonds thanks man thanks little donation first donation of today first donation of the day man that’s that’s a I hope I mean like I hope for your sake ICP goes through the roof you’re going to to change after the

Bull Run scares me no it’s not too late I think Bitcoin is going to continue to go up as long as you have the patience to hold for a while I think you’re going to make money on bitcoin well Deus controls like 95% of the diamonds that’s why they cost so

Much I mean they they cost a lot cuz the beers owns like 99% of the diamonds he messed up his donation by mentioning ICP it’s fine man it’s fine it’s fine if you want to mention meme coins in your donation I will blow the harmonica For Your Meme

Coin Bry owns the world’s biggest diamond yeah I think like I think the SEC is going to be after him for that because he literally used his uh investors he used his like investors funds to buy that diamond isn’t it like 5,000 carats or something dumb like that

Yes pressure that’s why Chuck Norris that’s why Chuck Norris can eat a bunch of pencils and crap out diamonds find diamonds in the Congo and hide them in tooth cracks to go home from the mines I see find that price that miners need be easy to be after uh you know with that

Like with the um yeah with with like the increase in hash rate it’s really hard to say what you actually need cuz the hash R is constantly changing I mean he can def he can actually roundhouse kick pencils and come out with diamonds they use gas fill Chambers electricity produce synthetic diamonds I

Mean I I I know what they act I know what they actually use I’m just like joking obviously with the Czech nor stuff or am I you know yeah look there’s a lot of heat pressure to actually make diamonds from from carbon but all diamonds are just super compressed carbon that’s that’s

Basically what they are IP will be top five this cycle we’ll see about that I don’t think so but we’ll see about that thanks man thanks for the donation thanks for the donation I think most my donations actually come on the afternoon stream thanks for the donation

Though thank you for the donation oo two in a row I like that I like that I think diamonds are conduct electricity don’t I I think they do I’m not sure I mean I know most the metals conduct electricity ICP man ICP what happened to trb it died it went

From like I think it went from like $700 to like 120 obviously it just got hyper super pumped and like whoever was Shilling it decided to dump that was obviously classic pump and dump I think like that was obviously very very classic pump and dump to whoever was Shilling

ICP I mean not ICP um trb cuz people were really hyped about trb a while ago I look ICP is not going to be the next Bitcoin look if they can get into the top 10 great but I think it just I think icp’s price debuted way too high and there’s

Been a lot of inflation on ICP after it debuted so it might be hard to like get up to more than $100 thanks man thanks for the donation thanks for the donation was writing that text but I ended the stream fast chill me cardano snack snack

I I would actually like hosy to go really high up in price because I have a bunch of hosy by the ways I do have a bunch of husky so I would actually like to go up in price ICP won’t well no because icp’s alltime high

Was like 700 bucks right that’s what it debuted as and that was because Sam bman freed pumped it up also like ICP has a lot more Supply now than when it actually debuted so that’s why I’m thinking about 100 bucks for ICP I bought like I’m up to 37,000 snck

I think I can go up to about a 100,000 snck and that’s I’m good with that thanks man thanks the Donation I’m good with like I’m good with like I it’s weird that all these donations come at the end I think people are just trying to like not let me in my stream but that’s fine if I get 10 bucks every three minutes to not end my stream I’m good with

That ICP to the Moon look any these coins can actually pump I like I’m still I’m still sticking with ICP at about 100 bucks I I do believe like I’m still sticking with like ICP at $100 or so cuz like I I feel like that’s a lot like

Based on where the supply is right now I feel like that’s like a good I feel like that’s a good Supply so like Jesus has moved on to ICP now that’s not the same guy it’s obviously not the same guy like that was Shilling Jesus coin that guy was really

He was like the Lord will save you with this coin I’m like I’m pretty sure he will Smite you because he doesn’t want you using his name for a coin that you’re just trying to make money off of what do you think kadana uh I I really

Don’t know that much about kadana I mean like I was more onto it a couple of months ago when like people were mentioning it all the time I mean it’s another layer one so if you can attract like an ecosystem for it if you can attract people to use it it will go

Up Bonk people going IP I don’t think the salon of people are really going to ICP I think a lot of them tend to stay in salana how did you buy snck I did this before I I bought an eternal you can just use the swap function on your

Wallet yeah Cad and Casper both losses hype to Caspa so it’s weird it’s kind of weird how that happens they they like they they had the hype themselves and then they lost it to Caspa like once something else caught fire like they kind of just like faded away thoughts on shx what is

Shx which wallet uh Eternal Eternal it’s like you can do it in any cardono wallet you can buy snack on any cardano wallet I’m trying to get the snack people to send me a free case of Snack drink uh are staying in Soul ecosystem I it’s up 37% today but it’s a

Really small coin it’s up 41% today it’s up like 41% today strongholds uh fast secure accessible financial services for all through our developer apis we enable access to a legacy of Next Generation payments and financial services shx strongholds currency is used for real-time settlement discount and fee and fees for business hours

Customer rewards and merchant cash advances salana shuts down for a simple reason of too much activities like for 15 minutes I if it shuts down for 15 minutes I don’t think anything’s going to happen but if it stays down for an extended amount of time it might be Troublesome I’ve actually had some

Issues with Euro not that like I’ve ever lost money with your Roy but like I’ve actually had the wallet like freeze for like the wallet tends like the app tends to kind of freeze on me on my browser eternal’s like eternal’s like more freeze resistant like I have youry it just

Doesn’t load right but I I so I just ported my euroa like Eternal and eternals always worked for me I think I like didn’t update like I might have not I might have like not updated your Roy enough or something like that I don’t know that’s do you

Think BTC will dump since Jim Kramer’s no I I don’t think Jim Kramer really matters at all for Bitcoin it might dump because to buy the room or sell the news thing on the ETF wallet is the new best apparently shx well 100x this cycle we’ll see I mean it’s it’s up up

40% for the day snack I mean I mean yeah Jim Kramer never fails the past no look he gets he gets a couple of things right he gets most things wrong but he gets a couple of things right so it’s it’s kind of up in the air man like

I don’t really see crypto for I don’t really see use crypto I mean Kramer for any kind of advice my guess is that’s probably what’s going to happen like they’re going to a small dump and then go up after the ETF stuff cuz people are going to buy the

Room or sell the news on this stuff and then like after that I think we’re going to go up I don’t know I’ll probably just travel with the profits save some and then travel all right guys that’s going to be it for right now like And subscribe hit

That Bell notifications button I will be back um tomorrow and I’ll see you guys later