The Bitcoin Group, the American Original. For over the last 10 seconds, the sharpest Satoshi's, the best Bitcoin's, the hardest cryptocurrency talk. We'd like to welcome our panelists, Dan Eave, the crypto raptor. Hey, hey, hey, we'll saw what we saw. Josh Shigalla from Voltoro. What's cooking good looking? Adam McBride from the Adam McBride show. Let's go. And I'm Thomas Hunt from the World Crypto Network, moving on to issue one. Issue one Bitcoin payments to be banned in Turkey after confidence drops in the lira. And Turkey's currency isn't doing so well, so they're banning Bitcoin to make things better for them. They're hoping that the locals there in Turkey keep their savings in Turkish lira, not dollars, euros, and Bitcoin. As far as we know, this is the first time that a country has directly banned Bitcoin because of competition with a local currency. Dan Eave, is this a good move by Turkey getting out ahead of it and banning Bitcoin? It never ends well when a country bans Bans Bans Bitcoin because usually the local Bitcoin's tends to surge and it actually puts more of an interest in it. It's like that. It's almost like the bad publicity is good publicity. And by banning it, people are kind of thinking by saying it's a reduces confidence in a government currency. It kind of makes people think, oh, I wonder why. And then they do a bit of research. And then they're like, oh, I'll go ahead and have a look at it. What's your big wins? Josh, you got it. Oh, what's this going to say? As if it's a bad thing. Neither is it's Bitcoin is neither subject to any regulation and supervision, recognizance, nor a central regulatory authority. As if that's a bad thing, that's literally the point of Bitcoin. It's not controlled. It's not centralized. And I would like to see instead of cold, instead of them going cold turkey on Bitcoin, I'd like to see cold storage turkey. Josh, Shagala, if you've a date in Istanbul, Constantinople should be waiting in Istanbul. What do you think about Turkey? I really like the people of Turkey, the Turks, good folks. I've got a lot of Turkish friends, very funny guy of people. But very serious also about Bitcoin. And one of the things that is important to remember is that when countries start banning things like competitive currencies, it's the start of a really important and big move. It's not a simple, we're banning, I don't know, something that's poisonous or whatever. This is a big move and you know that there's trouble. So a few years ago, the out of one said that gold is fine, but get rid of American dollars because people were using American dollars. Gold is fine and Lira, be patriotic, Lira. And this is typical in any sort of currency collapse. Gold is because it's universally understood as a store of value by the older generations. It's something that's not unpatriotic to hold in hard times. What's unpatriotic to hold is other people's currencies. So that's why traditionally gold has been something that you can kind of hold, but it's very scary because of bear-based asset. You could be robbed if you tell anyone. So you keep it very secret. And there's a lot of stories, a lot of people that I've talked to that have gone through currency collapse and their family have survived way better than their friends around them because they secured some of their family wealth in gold while the currency was collapsing. The other way to secure your wealth is to short the local currency by getting into debt and effectively buying properties or other hard assets to get away. So if you can't get your hands on Bitcoin, which you can anyway, they'll ban it, but it doesn't matter. You can use local Bitcoin or these sorts of products. Mycelium have a really nice marketplace where you can get Bitcoin and other cryptos. I think, no, maybe just Bitcoin. But it's an interesting time. It's definitely a warning shot to everyone that there is going to be some major inflation coming and that the devaluation of the lira is at hand. Adam McBride, your thoughts on Turkey banning Bitcoin? To get on to that hard asset thing, I know a bunch of people live in Costa Rica myself and I know a bunch of people from Venezuela down here. And the idea of moving your money into a hard asset like land or a house, that becomes a no-go when your currency completely evaporates. I know plenty of Venezuelans who are very well off own homes in Venezuela and those Venezuelans homes are basically worthless because they can't sell them for anything of value. So Bitcoin obviously is an easy step for those people. I looked it up. You know, the Turkish lira is devalued 84% just against the dollar in the last five years. So that is a crumbling currency. I would say my viewpoint is, is a great way to drive adoption of Bitcoin because much like Nigeria, one in three people in Nigeria are using crypto, get ready for crypto explosion in Turkey. Moving on to the exit question. How that Turkey has banned Bitcoin? Who's next? What country will ban or might have already banned Bitcoin? Dan Eve, name a country. I don't know. It's got to be one that's below Bitcoin in the list. I think one that I don't know, Coin Market Cafe, I've rubbed some people up the wrong way because it was Binance bought. But I do like their table, which is like the chart of fear currencies compared to Bitcoin. Bitcoin is now number 14 in the world of currencies. So I think ahead of us in the near future, there's Swiss, Frank, Brazilian, Rau, a new Taiwan dollar. So as soon as Bitcoin is served as one of those, you could see a bit of, oh, this has become a threat now. You served our own currency and therefore we're going to try and ban it. But Bitcoin doesn't care. Honeybugs don't care. So ban it. Do what you want. It will forever. Josh, it's all who bands Bitcoin next. I'm going to go with China. Fud. Everyone loves China. Adam McBride, who bands Bitcoin? China is a great call. It's hard to argue against that one. And as far as the big countries go, my money would be on China as well. Let's go out of the box here. Let's go with the United States. The United States changes their mind and bands Bitcoin just when you least expect it. That's when they come for you. Moving on to issue two, phony money, paying for real money. The price of Bitcoin rose to another all time high at a record of $64,000 a coin on Wednesday. However, for some people, this good news just wasn't good enough and it was time to sell. Jim Kramer of the famous TV show Mad Money bragged about buying Bitcoin around 12,000 selling it at 64,000. When yesterday he was saying, no one selling, no one selling. Why is no one selling Kramer step forward and according to a Twitter message he sent. He sold 50% of his Bitcoin and purchased a house. Josh Shagalla is this a good idea? Has Kramer led the way for the rest of us? Yeah, if you want to buy a house, go and buy a house. Yeah, some people, this is the top. Some people, it depends where your moon is. Everyone's moon is in a different trajectory. Some people, this is the moon and some people, they're just getting off the ground. So it depends. Wait, wait, wait. Is Kramer just getting off the ground? Kramer is a deck of millionaire and he gets out of a loan at 3.5%. Right? A tax deductible loan at 3.5% to move his money away from crypto into what? Paying off a house that he's probably got 10 houses. It's a terrible move, Mike. Yeah, yeah. Well, that's true. Doing the thing tells us not to do where you sell your losers and you keep your winners. Bitcoin has just won really big for him and his reward is cutting off his victories by 50%. I don't know about that. Yeah, I mean, I don't buy much that the mainstream media say. So it's just sort of a talking point. But yeah, unless maybe he borrowed against his crypto holdings on a smart contract and got some dye sold it for you never know. Well, I really, I mean, I think this is an important issue because he didn't just sell like into cash to buy Bitcoin back when it went down as we saw it went down. According to his statement, he sold to buy a house so his money is off the market, cannot be reinvested. And it's hilarious because I've made the same exact mistake, probably at a smaller level than Mr. Kramer, of course. But I've made the same mistake buying a house over holding Bitcoin forever. And it's just funny to see a possible mainstream big time example of making this mistake. Let's go to Adam McBride, your thoughts on Kramer's interest. Yeah, I mean, there's a big difference, right? If it's me and I don't even own my house, right, is my principal investment, is the largest investment in my life. There's a difference between that taking risk off the table and paying off my house. Like I get that. But this is a different situation. This Jim Kramer, right? This is a decommillionaire who's just made a trade where he's traded money at 3.5%, which is tax deductible. So I mean, what did he make on that deal? It's not tax ductile anymore. Unfortunately, Trump removed the interest tax benefits for owning a home. Well, they'll have a very low interest loan. I would definitely agree with that. Well, I didn't realize I thought home loans were still there were still tax advantages for home loan. All right. It's a tragic crush of the whole house thing. And yeah, it just kind of happened, you know, as well. I mean, for me, hey, if you're going to move it to move it and pay off a home, if it's not your principal residence or if you're struggling, or if you're not struggling, I should say, seems like a re in this inflationary cycle. And it is inflating like crazy. He's in taking money out and paying off a home in an inflationary cycle when he can borrow that money at three and a half percent. What he should have been doing is refinancing his home and borrowing more money. That's what he should have been doing. It is interesting to compare like a normal person with Kramer as Adam was saying, normal person, you have that one house, you're paying it off. That really secures your future. You lose your job or something. You could go a couple of months without paying the rent. It's amazing, but I agree with Adam. Kramer probably has many houses. It could have just been he could have bought a like a silver falcon or a like a Faberier egg or Tesla or something. I really fancy thing that he doesn't. Or people in Ft. Yeah, I could have bought it. Well, I was still investing, but the idea here is that Kramer is like somehow tired of investing. He's tired of making money. Dan Eve, will we be laughing at Kramer? Like we laugh at the bear whale. Well, inevitably at some point, it's just to went on the timeline. He decided to laugh at him because Bitcoin is going to hit 250 and then it's going to go to crazy, crazy money that we never thought. Like when it was like a thousand dollars and we're like, it will never reach 3000. It will never reach 10,000. It will never reach 50,000. It just keeps on going. Number keeps going up. What's interesting is that he's someone that's made a lot of money and believes in Bitcoin. I say believe in a, you know, understanding because there's not about belief. It's about understanding the reasons why. Not believing in it just because it's a fairytale that will come true because it just craps on the current existing system that we have. But he still calls it phony money, which I like. It's like, oh, it's still monopoly money. I made a paid off my house. Well, forget that. Look, those coins up like 5,000%. I think there's that's going to be a cool thing. We'll see some probably some people taking profits there, buying themselves some lovely assets, maybe a few dojos, they'll buy themselves some dojos. But what's interesting is you've said, like while some people are scrambling to sell their illiquid property or at least release some cash from it, he's quite happy to sell. And which is quite odd because usually it's based on a, you've got the flip side of the risk reward ratio. People at the scene who have Bitcoin now probably thinking, well, if I sell and there's a fair market, then I don't have a mortgage to pay. And, you know, I've got an easy ride until the next bull run. Other people are thinking and I think I imagine in his position, you've been as you mentioned, you're already a millionaire. Why not just ride it? You know, the interest rates so low. Why not just ride it out? Just be like, you know, completely, I'm going to say it's always deep. I fast the word. But so I don't know, I think at the end of the day, he gave it to a bank by paying his mortgage off and that bank is probably going to secretly buy Bitcoin whilst also releasing an article going, oh, Bitcoin's absolutely awful. So I don't know. The main thing is that I think that the thing that attracted me to the articles is that he's doing what he said he usually does. He's been known to say that they haven't been vests haven't made money in a stock until they've actually sold a portion of it. So maybe he's just following his rule of takes and profits and then ride the race. Exit question, building on what Dan was saying, does Kramer's description of Bitcoin as phony money paying for real money exposed that he doesn't really understand Bitcoin or crypto or the nature of the revolution that's about to happen whether they like it or not a jargala. Man, if he really said that, he's the dumbest cuck I've ever heard. Like what a fool. What a fool. Bitcoin is now 12 or something 13 years old. Like what the hell, man, are you really this and if you're only a decadent millionaire and you've got a show and can manipulate stocks like the hell you want for the last 20 years and you're only a decadent millionaire, you don't know what you're talking about. Who? Adam McBride, your thoughts on Kramer's description of Bitcoin as phony money. I, hey, all money's phony money. It's agreed upon reality. We are agreeing upon something as an account and that's what it is. You can agree or not agree. It's all phony money. You as dollars phony money, pukeshells are phony money. It's all phony money. It's just what's agreed upon. I think more and more people at this point in time are agreeing upon Bitcoin as the default currency for this globe and that's just the way it's going because the people see that it can't be manipulated. You can't make more and that's a big deal and that's where we're going and that's why we're all here sitting talking about it because this is a big deal. Dan E. phony money. Did Kramer get a good deal? Traded something for it. It's the only real money and the equivalent, when you go to Disney World, they give you Disney dollars and that's just as made up as the real dollar because it's not backed by anything. It's not backed by Pluto snacks. It's backed by what Disney? Exactly. It's backed by cartoons. It's backed by fun, man. I don't know. Blut up. But, yeah, I don't know. I think it's all phony money unless it's tangible and tangible can mean electronically, tangible via electrons, double-dabbling with each other. I think it's a great thing for Bitcoin. It gives us all another mark on the calendar where we can look back and be like, oh, yes. I remember when Kramer sold 50% of his Bitcoin and now we're just looking for him to say, you know, I saved that other 50% and now it's worth more than all of my holdings. I don't know what to do. I keep taking profits. It keeps going up. I keep taking profits. It goes up. I can't lose money on this thing. So I don't know. He'll just have to try harder to lose money. I'm sure he'll find a way. Did you know the world crypto network has its own audio podcast that presumably I've access to and I can update again. We'll be updating the audio podcast very soon with audio versions of the YouTube episodes. Also, it's a great time to give us a thumbs up. Maybe you're watching the show for the first time and you want to push subscribe or you've watched it over and over again, you give us a thumbs up every week and now's a great time to do that. So thanks so much. Moving on to issue three coin base value that $86 billion in what the New York Times calls a landmark moment for crypto coin bases valuation sword in the first public listing of a major crypto currency company. Their stocks began at $381 a share of 52% increase over the $250 reference price set by NASDAQ on Tuesday. The stocks swung as low as 310 and as high as 429. The price ended the day at $328 a share for coin base valuing the company at $85.7 billion dollars more than 10 times its last valuation as a private company. Adam McBride did you buy the coin base IPO? Do you suggest people buy it? Was it good for Bitcoin? Hey, if you could get in at a reasonable price anything close to the initial offer, of course, you're all in. Look, a billion dollars isn't what it used to be, right? I'm old enough to know when a billion dollars actually meant something. If you want to understand that we are in an inflationary cycle, all we talk about is billion dollars now. Million dollars is nothing. A billion dollars is nothing now. Like we're looking at it, a billion dollars is nothing. It's amazing. But I do think coin base, the value isn't necessarily Bitcoin or anything like that. Value is that coin base is going to be the principal on ramp for most people in America getting it into cryptocurrencies. That's where the value lies. You see other smart move is coming into the space. The way PayPal is doing it right now. I mean, if you've seen the ads for PayPal, go on by as little as $1 of Bitcoin. I think that's super smart. I like the way PayPal is moving into the space as well. Obviously, it's not an exchange, but just getting the average American in the crypto. That is where coin base is value lies and it has a big moat. I know people are saying all the other exchanges that are outside of the US, but getting and being in the US has a tremendous amount of value. So I'm a buyer of Coinbase right now. Dan Eve. Yeah, well, I think it looked like it was going to, it was going south. It had a lower flight 310 and shot up to 429, which I think valued it about 111 billion. Then ended at 328 and then last one checked, it was 340. Now, there's obviously some value there and the IPO, or the listing. So they didn't actually, the cool things in a way, if you want to ace coin base, but they didn't IPO. It was direct to market, which is kind of cool because it meant that it didn't go to private investors first and people know their bags and then they dump them of retail. So at least retail got to get straight in there. But the publicity obviously did it well. It's number two on the app store, the day over 24 hours behind, sorry, past TikTok, YouTube, Instagram, Snapchat, second to Robin Hood. So that's obviously, it's a good thing for the Bitcoin ecosystem because it brings more people to Bitcoin and obviously eventually we want people running their nodes and being fully financially self-sauvering. But until it's easier for the nubes, they'll use something like coin base and people at least are learning about Bitcoin and getting involved in some way. The cool thing I saw today, which always seems like the Ethereum giveaways. Like an Elon Musk, full of Ethereum giveaways, for example. Now coin base are doing a giveaway today and it literally sounds like it literally sounds like the identical to any theory. To celebrate coin, sorry, sorry, geez, to celebrate coin, we're giving away 1.5 million of Bitcoin, sign up for the last. It literally is a massive Ethereum giveaway to celebrate X, but fair play, it's going to give more Bitcoin out. And ultimately, what was the thing you used to do when it was really cheap? You'd give someone some Bitcoin, you'd give people like, oh, they won't realize, they won't kind of feel the impact of Bitcoin until I give them five bucks worth. And they see that five bucks grow. Obviously no one to do it now because they're too busy, hollering. But at least, yeah, it's spreading, it's spreading the word and like it, Olympic coin bases is getting Bitcoin out there to more people. So, who are? I think Dan hit a real good point there, which is the individual, at this point in time, the idea of wallets and holding your own coins is, is beyond the pale for 95% of people in the United States of America, easily not, it's probably 99%. So what Dan just touched on right there, that people can get into crypto with the security of that third party is really important and it's a big deal for the movement of Americans into crypto. And this might not be the thing that traditional Bitcoiners like or libertarians like, but I agree with you guys, it's an easy way to get into Bitcoin. It's a trusted way. When I thought about it, I was like coin based. You know, I've never had them steal all the money like cryptocurrency or BTCE or Mt. Gox or any of these other exchanges I've dealt with. So just on a trust level, and yeah, they've had mistakes in the past for sure, but they seem pretty trustworthy. Josh, Shagall, your thoughts on the coin based direct listing? Yeah, what I find really fascinating was the whole BNB play compared, because BNB went with the ICO method years ago and watching the value of BNB, trying to either get manipulated up to the same market value, you know, they're sitting at almost 80 billion and trying to sort of battle the sound, and go, yeah, we don't need this establishment Wall Street crowd. We've got, you know, we're true crypto people, we're doing our OSU. So that was fascinating. But the thing with the thing with coin bases that I feel that if I was an investor, I always look at switching costs and what is the switching cost for them? Of course, it's basically old school, old school, sort of disgusting version of capitalism where they lobby the government to create more and more regulatory modes around themselves to stop any, you know, and that's where the value actually lies is by force of government saying, no, no one else is allowed to compete with coin base. And that gives them this protection from switching costs. So they're lies, the switching costs for Americans to jump in, which is unfortunate because then you get worse and worse products as less and less competition happens. But we'll see what happens. I mean, like you said, coin base has never been hacked, apart from the IRS and the hack them. And, and, you know, the, well, yeah, let's see what happens. Let's see what happens. All right, moving on to the exit question. Who will IPO next? Will it be another exchange, another category of crypto? Is it crypto season on the stock market? Adam McBride. Who is there anyway we can get doge to IPO? Because I'd be in on that one. Is there anyone who can get that to happen? Honestly, I have no idea who's gonna, who's gonna IPO next. I'm sure there's gonna be a rush. They're all gonna try, right? I mean, I've never seen an IPO or I guess a listing cycle. It's not really IPO's. These guys are all doing direct lists in listings. I've never seen a cycle like this. The bubble is everywhere. It's not only in crypto. It's in NFTs. It's in the stock market. It's in new companies. I've talked to the bit about it a bit on my channel. The idea of flying taxis, you know, doing a SPAC and raising $200 billion. This is crazy town. We're in crazy town. So it's a magic time. And so if people can make it happen, they're gonna try. Just be careful out there and watch your investing in because a lot of this stuff is gonna go down or go to zero. Dan Eve. I think I'm not sure about IPO's, but I'm expecting to see a lot more. This was kind of theorized in 2017 or at Spaceparton. And it never really, between the ICO craze and it didn't really materialize. But a lot more companies that are crypto companies that are doing reverse mergers and taking over existing companies and then you're taking advantage of the licenses they already have. So maybe something like that. I mean, I can't imagine Binance with doing IPO, although they have done, they started doing something interesting, which is fractional shares. So you can get, I think Tesla was the first thing listed, so you can buy a fractional share of Tesla. But just going back very quickly on quite specifically. But I think they announced they also that they're doing, not advertising for them, but just for the peel of an end user. The F2, if you're into staking, they're doing like 6% and they all do all other sort of stuff that's got yields. The best thing you can get like Virgin Money gives 2%. So crypto is just crappy. All the yields that you're getting is just crappy on existing banks. And people are going to go, why say with, you know, stay with HHSBC when my money's only protected to 80k anyway. And that interest rate that I'm going to get on whatever is going to be minuscule compared to what I get. So I don't know, I don't know who's going to IPO, but I just want to see, I want to see more crypto companies just smashing these existing infrastructure in via better rates, but better security in more public trust. Josh Shagalla, is it crypto IPO season? Yeah, it could be. It just takes a lot of effort to IPO, so I don't see why they would when there's so much money flying in through IDOs and all sorts of other mechanisms. If you want to raise money for your project, yeah, I, I, I, I, I, POs are interesting, but I think they're not that exciting anymore. Yeah, yeah. All right, so the easy answer that I didn't hear was cracking, cracking is planning an IPO, but I want to go with the hard answer to, I think chain analysis will plan an IPO because they know that it's only a limited amount of time where they can snoop on to Bitcoin, they can snoop on to all these people before they improve their systems. So they got to sell that thing fast and they're going to sell it big. So this might be Adam's one that goes to zero eventually. So we'll see chain analysis. Let's see, moving on to issue four. Issue four, doves coin doubles in a day. The price of doves coin is up 5,000% year to date while the price of Bitcoin is dipping. Everyone's favorite meme cryptocurrency is delivered 12,600 percent gains in a year and likely created a string of millionaires. I can hear Jackson Palmer rolling over in his grave from here. He created doves coin booze, not a fan of it. Let's go to Dan Eve, your thoughts on the sudden rise and perhaps sudden fall of doves coin. Well, if people are taking credit for the laser eyes taking Bitcoin closer to 100, then then the memes of doves coin to $1 is being powered by memes. That 42 billion dollar market cap is which is maybe why. So maybe Turkey will like, we've got to do something guys. Doves coin has a market cap of 42 billion, which is about a tenth of our money supply. Therefore we must do something now before we get embarrassed by the doves. That's a great point. I think people are going to people are going to will it in. They're going to keep on pumping it. It's a joke that just that continues. I think the cool thing about it is that it is a lot higher than the total supply of some countries. It's literally a meme that's got what's it called? Comic Sans. It's got Comic Sans on it. Something with Comic Sans with a dog is worth more than the entire money supply of certain countries. I'd like to see it do good because I like the crazy stories of I sold my house and paid off from my debt. I managed to get out of that evil landlord because I had $10 of doves coin that made me a doge coin air. I like those stories. As much as people might hate Bitcoin, I like it. Anything where someone beats the traditional system of my money didn't get inflated and it's worth sod all now. I like it being beaten by a Comic Sans dog. That was the main feature of the doge coin wallet. If anyone ever used it back in the day, they copied the Bitcoin wallet but they changed the font to Comic Sans. It really stood out. It was very different. Josh, should call your thoughts on the sunrise of doge coin. I mean, doge coin, it just pumps and it dumps and it pumps and it dumps and it's part of it. It's like a dog jumping through a field. It's like a doge dog jumping through a field of high core high wheat or something where they just really balance it. So it's just a constant balance. So right now, like this isn't financial advice at all, but man, I would be selling that shit right now and just like taking some profits off the table, buy some dog food with that stuff, man, jeepers, creepers and then it'll dip. You've got some gunpowder to rebire that doge. That's a massive pump, but yeah, I think Dan's right. It's all about the dollar. People just want to see the one dollar for doge because it's ridiculous. But please, people, most people don't understand the inflationary output of doge. It's insane. It's like a dog with a bad diet and how often it farts. It's like just constant. It's constant and it smells terrible if you take a close look. Is it like every 60 seconds and a new million doge that minted? Is that something like that? Yeah, it's something like that. It's nuts. It's absolutely bonkers. It's probably worth mining maybe. I think it doesn't like merge mine with light coin or something. I don't even know. Hey, the pump of metrics, they just make sense in doge, right? They just make sense. The pump of metrics, but doge would be the one coin. I would say sell and pay off your house with. You know, if you can make that happen, make that happen, right? But what a run. What a run by doge. I mean, you see it. Actually, I think Dan mentioned, you know, the idea that in the old market, Jim Kramer or groups of people hedge funds could manipulate market, manipulate prices. And if you go on YouTube and search Jim Kramer, manipulate prices, he literally isn't an interview where he gives five minutes on how he used to manipulate pricing as he was running his hedge fund. And now, it's just more out in the open. And I think we all appreciate it. That it's just a bunch of guys sitting around on Twitter or in Discord, trying to pump this market and pump and dump and pump and dump. And we all understand what it is. And when it's transparent like that, we can all appreciate what it is, which is just a pump and dump scheme. And it is what it is. It can be fun. Right? Yeah. It's like when when GameStop was happening, they're like, oh, what? What is all this? This is nuts. This is crazy. It's like, now welcome to crypto. You know, we do this is this is just normal day-to-day stuff. And we don't need to make it illegal. You just have to realize it's happening and mark and price it into your investment scope. 100%. I don't know if you guys saw on Twitter today. There's a guy with a billion dollars in his wallet trading doge today. Did you see that? Somebody tracked that that wallet, you know, just giant block. You're just moving the market up and down up and down by and selling just I mean, you just see it. You go, wow, this is this is a completely manipulated market. But hey, it's probably Elon. It's probably all aware of that. It's it's all good. I think I think this is what what Elon it's like his little vent to be able to like manipulate something without getting trouble with the SEC. Is this like tweet, tweet, tweet, doge up, doge up. And it's like, woo, look at all these millionaires I'm making. And then look at them all fail and fall. It's just it's little godly manipulation without getting in trouble. Exit question, why does this keep happening with Dogecoin? What is it about Dogecoin? Is it the meme? Is it the dog? Is it the number of units? Why do people keep pumping Dogecoin? Dan Eve. I think it's like the, the, the, the, the, the, the, the, the value of network of the proportional users, whatever. And I think that as soon as, you know, people start getting into Doge and they just like the idea of it. And because it's kind of cheap, people can own a load of them for, you know, for a smaller, for a small amount of money. And they're like, yeah, I'm seeing I'm like a hundred doge, whatever, you know, a thousand doge. And so people get behind it. They, they, they chatter, you know, social media goes mental because even people, I don't have, I don't have like a, I don't own any doge, but I just love it. And I probably quite talk about it quite a lot. And so that's helps it spread. And then the spreading helps people think, I actually, you know, I'll, I'll give it a go. I'll give it a pun. And it just, you know, it goes like wildfire at the, the, the social media goes on fire people checking like, what's it called, sentiment analysis, we'll see that everyone's talking about doge. And then they'll be like, well, my box will start buying based on the sentiment analysis, probably not realizing that it's buying doge. I don't know, there's probably loads of factors. But people, people just want to will something that's fun. I think that's it. They want to will it to a dollar. I don't want it to go to a dollar. A million doge used to be 20 bucks. Like, I don't want that to be a thing that I missed out on. Josh Shagala, a widest dogecoin, keep pumping. Yeah, it keeps pumping because it's funny and it's and people don't get it. And, and I, like quite honestly, it's the internet. It's a funny thing. It's like, why do, why do some wacky gift anti NFTs pump for no particular, you know, it just like, it's the internet. It's part of culture. And, and that's that that has value. Culture has value. And people like to have fun with value. And it's kind of interesting in that sense. Adam McBride, why is dogecoin so popular? Well, I would say actually, Josh's point is right on its culture. As I've done some research into the history of NFTs recently, you realize that the majority of projects early on were all gambling, pyramid schemes, all these sort of things. People just, there's something within us that loves this idea of getting rich quick type of thing. And I think what doge does is a lot like a currency is everybody agrees upon it. We agree that doge is the meme coin. So it's been decided. And up and down, the back and forth doesn't matter. It'll be, we'll still be talking about doge in five years. I'm sure whether it's a tenth of a penny or $10. I would lean towards a tenth of a penny. But we're still going to be talking about it because people have decided that this is the one we're going to bet on for pump and dump. And my friend Jackson is just rolling over in his grave again. He didn't like Bitcoin. He was making fun of Bitcoin. He launched dogecoin to make fun of Bitcoin. This is not supposed to be out. He never mind it. He never held it. He never owned it. Never bought it. He hates it. And he goes on, he gets invited on shows like the daily show to say how much he hates dogecoin, which made his name, made his reputation. All these things he wanted that. He doesn't want that. Seriously, was that painful for him though at the end knowing the ride that he missed? In a way it was, I mean, because he has withdrawn from the internet. So I imagine also people are hassling him all the time. Like you got any doge or can you send me some doge and plus interviews. I don't think he cared for them in the first place. But the whole time and I just knew Jackson briefly and stuff. He's a good guy. And he had this sweet job at Adobe and he just didn't worry about anything else. He lived near Adobe in San Francisco. He had a sweet job there. He'd go back and forth. They loved him at Adobe. I imagine they still do. He's a great guy. So I just don't think he cared. But then every once in a while you have to imagine like he sees himself on a yacht, like sipping champagne because of dogecoin. And he gave all that up because he didn't, he never liked Bitcoin. He didn't like dogecoin. He didn't invest in either. And yeah, just it flew right past him. That's some painful stuff right there, brother. That is painful. Well, someday we'll find him. We'll get him on it again. But we haven't haven't seen him in forever. And then he quit all the social media and everything. So our best goes out to Jackson Palmer. I hope he's doing well. Moving on to issue five NFT prices are plummeting. The NFT craze may be over just as it was beginning. Some are calling it a scam, a pyramid scheme, a tech speculation bubble. And others say that the price of NFTs has gone down 70% from a peak of around $4,000 and NFT to around $1400. Last week since Bloomberg reported the price crash on April three sales remain low. Was Saturday night live and the Curio cards launch the beginning of the end for NFTs. Let's go straight to Adam McBride, kind of our NFT expert here. But was I totally correct? Saturday live does that fantastic parity and next day, magnificent Curio card launch and then like a rocket ship to hell is yes, the market is completely crushed. I can report from the NFT market space. It is completely crushed, meaning that I track a bunch of different ones that I got in on, meaning I got them basically free or very close to free. And there are whole swathes of them where there's no trading at all. Nobody's even buying them. So what happens when you have no trading at all, if somebody actually has to get out, you are going to have huge losses. And it just speaks to the whole space. Like do I believe in NFTs long term? Absolutely. And for those of you who don't know, it's not just about NFTs. For use in art is one aspect of what NFTs can be used for. There are lots of other aspects which are even more exciting than art. But with that, once people got a hold of this three months ago that you could put out as an artist, I could put out art on the blockchain and sell it. It went from a handful or a thousand people selling NFTs to millions of people selling NFTs. And just like the ICOs in 2017, the vast majority of these things are going to be completely worth this. Dan Eave, your thoughts on the possible decline of NFTs? I must say, obviously there was a lot of hype behind it. But the funny thing is that that article starts off like scam, pyramid scheme, tech speculation bubble. And let it fairness, where have we heard that before? It's a million times talking about Bitcoin. Oh, it's a scam. Oh, it's a pyramid scheme. Oh, the lilies, not the lilies, the tulips, the tulips, tulips, and the lilies, whatever, tulip lilies, and FTs of tulips, lilies, whatever. But yes, everyone thinks that Bitcoin's is, or lots of people still think Bitcoin's a speculative bubble. Things pump, they get a lot of the publicity, the excitement wears off. There's arguments over the intrinsic value of stuff and that you can just take a picture of the screen and then share it. But I don't know, I think there's a lot of companies that are tokens based on NFT issuance that are still doing pretty good, which means that although they're the money in the NFTs themselves on OpenC and Rable, Rable, and all that, may have dipped. There's still a lot of people buying the companies behind them. So maybe there's a bit of a switch to that whole, instead of the the minor, the gold minor, the mine, maybe it's like buying the pencil, the artist's pencil, they're investing in that and the companies that kind of build these NFT infrastructure. So I still think there's some cool things that you can do in terms of treating them like tickets, for example. So not necessarily having these high worth value, for 67 million, Christie's and such, but actually using them for useful things. But yeah, pump, dump, whatever, it goes up, it goes down. It's all very similar to stuff in the past. It's like it's a new technology and people are kind of scared of it. And so there are lots of people going in, there are lots of people going out and then it's that normal cycle. I think it will be back, maybe not in the near future, but in a couple of months it'll be bigger than the market. We'd be bigger than it was before. I think Dan's right there. Look, NFTs, so if I wasn't clear, NFTs are not going anywhere. For artists, this is an absolute windfall for the vast majority of artists. And it legitimizes digital artists really for the first time. So NFTs are here to stay. There's no doubt about that. And art NFTs are here to stay 1000%. They're not going anywhere. But a lot of them are the ones that are making a little cat emoji that's selling for $8,000 is that probably going to drop a little bit probably. But then you have other markets like the crypto punks which are so thinly traded and there are so many rich people in the space that they might actually go up and value. Crypto punk just a month ago or so traded for $8 million. Is that guy who bought that for $8 million? Really going to sell it for $50,000? No way. He's going to hold it. And so are the other 400 very wealthy people who bought their crypto punks for hundreds of thousands of dollars. So there's all these markets and dynamics that take place in NFTs and in certain NFTs that are going to support that sort of pricing. As Dan was mentioning two lips and Ponzi schemes, I was reminded to note the historical irony that Bernie made off died on the day of the Coinbase IPO. So very strange. When when was Paul the Ponzi scheme for years and years and years. And then when Coinbase kind of the most official company of Bitcoin goes public, Bernie made off leaves this earth. That's amazing. And I will add this when when Dan was talking about the tulip mania and we all know in the tulip media, the top top was somebody trading a townhome for a tulip bulb. I was considering trading my B-choucesterica for a series of NFTs. So maybe we have hit the top. I just want to add one more thing actually which I thought was, there's things called about the NFT situation. The NFT market is as you said, I'm giving Adam about giving money back to artists and one category of people have had their lives, I wouldn't say tulip pop maybe turned upside down. These are the people like overly attached girlfriends who have spent years floating around the internet and has finally made 400. 100%. 100%. Yeah. If you all don't know the story, this is a woman who was made into a meme back in, I don't know when, 2011, 2010 or something like that, made into a meme and she just was about a week ago sold that NFT version of that meme for approximately $400,000 and she had never really made money, been struggling her whole life and this was her cash in moment. That's a great point Dan. That was great. It's slightly smaller but they also sold the leave Brittany alone video today for $44,000. So yeah. Also very nice and before we go to Josh, I just want to mention while the market might be dead, there's still some life left in it. Edward Snowden announcing just about an hour ago that Jesse Powell, friend of the show from Kraken has bid $1 million on Snowden's first NFT, the only NFT that's $440 Ethereum by Jesse from Kraken and it was the other bids around $250. So that was yesterday. I saw that. I tweeted about it. Jesse at that point had traded up to $150,000. So that took quite a run in the last 24 hours gone all in and then we also have news from rare Pepe's one of the original rare Pepe's a physical rare Pepe has sold for $25,000 more than 42 million Satoshi's. So there is action in some of the older NFT markets and the newer ones with Snowden. If you all don't know today, the actual I think is Mike Fury, the original artist behind rare Pepe is selling his very first cartoon as an NFT today. If you follow me on Twitter, I'll tweet about that after this show and you can go check that out. It started very, very low. We'll see where it goes. It's still got about 20 hours left in that auction, but I would expect to be beyond rare Pepe's the original Pepe artist is selling. In 2017, I bought into meme coin, which was Pepe base. I think it was called Pepe coin at the time. And then I suddenly realized that it was banned by the anti-deformation. So Matt Fury in 2017 did a kickstarter to try and bring back Pepe is like a nice character. And I bought a special pack and it came with a cartoon book of Pepe and he's like, I don't know the frog and he's doing his normal things like pissing in a toilet with his trousers down. And the most amazing thing about it is it came with a centerfold of Pepe just lying down naked with his knockout. It's the best thing ever. I don't think he was successful in his crowd fundraise, but I know that memes, it's still about. That's for sure. Anybody who's watching us on YouTube right now and in the chat, I'm going to put it in. I just put in the link to the rare Pepe frog NFT Genesis Edition. Go check that out. And I know it's Matt and his brother's running that website, that chainsaw website. So you know, it's still cheap, only 5E. That's the current bid. We're going to see where that goes. 19 hours left on that. Go, go, go, go, go, go, pump it pump it pump it. Yeah, the pump of metrics just makes sense. It makes absolutely sense. The thing with the NFT, it's crazy to say that NFTs are dead or whatever, but Dan is spot on. Like if there was ever a tulip mania, like Bitcoin was always called a tulip mania, I'd be like, hang on, there's 21 million. How can it? It's not a tulip mania. NFTs are literally a tulip mania because you can make infinite amounts of them. And the place for NFTs is not NFTs is a whole as like the market. It's more like, hey, there's a really cool playing card game and people are finding it really fun to play and you can trade the cards as NFTs. And they're going, they're becoming really expensive. Or wow, that famous person just released something that people are collecting like a series of them. And people love series. They love to have like the whole series. Yeah, there's lots of things. Filmmakers will probably release frames of their films. It's one invention I made. Someone can take that because I just don't have time, but you could fundraise a film by selling each frame. And you know, there's all sorts of really cool ideas that can happen. But you know, like Adam said earlier, there's a lot more use cases than just art. The ability to pack bundles or let's say there's collateralized debt positions that you might have that you can then put it hold as an NFT and split them up and sell them various places and you might take, you know, the whole reason, I think we covered it in the last show, but the whole reason 2008 collapse happened because people couldn't follow those collateralized debt obligations around because they were so chopped up and moved around in the housing mortgage bubble. And NFTs would kind of solve a little bit of that because you could actually understand where all these mortgage back securities are by tracking them through the network. There's lots of use cases. This will be one in the DeFi space that will happen. But NFTs are definitely not going anywhere. Of course, it's a bubble. Of course, it's a bubble. You cannot just take a screen grab and say or make some shit drawing and go, oh, it's selling. And one of the main reasons. Show me your punk, baby. Let's see it, man. Let's see it. I think the only reason a lot of these are pumping right now was because Ethereum is so expensive to send something. So every one of them is going to be more than 40 bucks because it costs about 40 bucks to send anyway in fees. So you just better make it a little bit more than that. So everyone's like, oh, wow, you know, crazy. But yeah, it's a mental time. It's fun. This is what drives the entire industry is this sort of mania. And these mania's cause businesses to start and people to have ideas and inspiration. And that's wonderful because people start things. And then the bear market comes along. A lot of the shit ideas end up failing on people run out of steam. And the good ones stay. And they go on to the next pump where they can really be already established and make some good business that brings value to the world. So yeah, I mean, let's see what happens. Josh makes an excellent point on a game where you could use the trading cards, the NFTs as part of the game. There's a great game out there right now on wax called alien worlds. You can basically use the various cards and fTs as parts of your ship to mine the currency of the game and the currency of the game just listed on Binance and it went up like crazy. So I don't know if it works as a game anymore like normal people can't buy in. Nobody's buying $500 cards to to mine this expensive currency. But as far as a proof of concept and it like can this work? Can these cards, you know, bring value it really did at least so far in alien worlds? Yeah, well like, you know, the obvious one of course is like Magic the Gathering and good old Mt. Gox. You know, it was the original card game that you could, you know, and that would work really well as an NFT. I know that a lot of my friends would have bought and sold NFTs based on a magic style mechanism, yeah, for sure. I mean, we've had so many of these already, me looking through the NFT history, we, there are literally dozens of games. Yeah, there were built on NFTs and failed. I mean, this is like Josh said, this is the beauty of free markets is we'll go through this mania where people just build, build, build because everybody thinks an idea is great and there's money just flowing everywhere. And then we get the crash, which takes out all the losers and the bad ideas and the ones that are left standing will be better and stronger for the next cycle. It's a great point Josh. On spells of Genesis, one of the very first NFT or card games was a magic like card game where the cards did stuff for you. It's interesting to see how that turns out and how this continues to evolve. Moving on to the exit question, there's already some exciting stuff going on wax like street fighter cards and garbage pale cards, but what about tops adding baseball cards? Is there a kind of card that would make you buy NFTs? We'll go to Adam first, but what is about tops and all this going? You know, it's just a mad rush. Everybody just rushes in, right? It's a money grab. Very, I, when I'm talking to people, I'm very hesitant. I'm saying, look, if you're trying to get into the space, my best suggestion is try and buy things that at least have some sort of historical significance if you're staying in the art gaming sort of space. The idea that Major League Baseball is going to dump cards onto the market for this huge money grab, which the NBA just did. You're getting to see the dump. The dump is already happening in the NBA top shots. I mean, it is a bloodbath of what's happening there. I would say far better is look for historically significant NFT pieces, art pieces like the Christie's auction or the Christie's, not the Christie's auction, but when Christie's had an event in 2018 and gave out cards with art on them. They're called the Lost Robbies. Okay, those are interesting. When I first heard about it, there were 12 in existence. Now, there are about 18 somewhere around there. Okay, those are interesting. Yeah, there are 100 something thousand dollars, but they have historical significance and people love a good story. But you got to be very careful out there. And to add to that, we all got into Bitcoin because we don't trust governments with generating money or being control of money. Right now, we're trusting some idiot executives in the basketball league to not print too many cards. Right? They have no idea. They're like money. We can put more in. More in. They're like more, they're like some sort of Venice, Wail and President, you know, more. We can generate money. This is amazing. What's more that dunk and if we need, we need, we need, we need more. And then eventually everyone would be like, oh, they think that what, what? And they'll be drowning in that. Yeah, I got to buy by the dip by the dip and then I'll be drowning. And I've got another one. And then, and then it's dead. And then it's dead. You're right. It's right. Reason why Hornets Wagner baseball cards value because there are two of them, right? Not because they're 200,000 of them. Yes, brought on. You're right. It's rain. All right. Dan Eave are excited about the baseball cards. Do you need cricket cards or some other local variant to get you excited about NFT trading cards? Oktrumps. Old school top trumps, maybe. I don't know. No, I think they're all interesting to look at. I'm not going to lie. I go and I go and look at, you know, rare work and seeing, just check out the, the what random things are there. I like the toilet roll ones where there's like a toilet roll floating to the moon. There's, you know, there's just, it's just, it's just nice. Trying to go in there and have it. It's like going to an art gallery, right? You know, there's maybe an overpriced art gallery that, you know, you wouldn't want to go in there just in case you get cornered by a salesman or about a few drinks and then you end up buying an art piece, like the one behind me. But it's a nice piece and I'm glad I bought it. But yeah, no, I think they're called things. It's like a new thing with tech and I'm always, I'm always interested in fiddling with things and looking at fiddly things. I think Josh makes a good point about the oversaturation when I started thinking about baseball games and stuff. I was like, well, there's a game every day. You could NFT that NFT the game. You could NFT all the classic games so and so do I dock good in versus this and that and oh, that was a classic game NFT all the perfect games. You can NFT all the world series winners. I think if you're a car company, you could NFT all your car models. Then you could do it for every year, like an 83 car or a 93 Corvette, you know, different values. So there's lots of options, but yeah, I do think it's going to kind of drown the thing. Josh, if you don't deal in scarcity, it doesn't work. You have to balance scarcity in there. The smart ones have, if you look at the NFT space, the smartest ones, which are really the guys from crypto punks and auto glyphs, they've done the best, which is like they realized the first version was crypto punks 10,000. That's too many. They went down auto glyphs. They did like 450 or whatever is. That's the perfect number because you can pull in with the story of it. You can pull in the super high end investor. They buy, they trade to their friends and all of a sudden you have this very, very tight, wealthy community and those are the ones that I love. And now I want to defend tops a little bit because they did do a good job in their announcement. They had all this stuff like they have the pack mechanics and again, I studied all this for Curio cards. I was like, this would be great for the company printing these obviously. You sell a pack and the pack has a rare. And if you get a more expensive pack, you get more expensive rare and they're even doing things like mixing Mickey Mantles and old cards in. So there's like a fake value to them. But just like Adam's saying, they're not rare. They're not old. Topps is producing them all this year. They'll all be similar as far as NFTs. But I still think it's going to be a huge success. I still think there's buyers there for tops. Oh for sure. You're right. Is there any there yet? Josh Shagall, what do you think about trading cards and NFTs? We talked a little bit about this, but I'll give you another chance. Yeah, I don't know. I don't have enough time to do that. I'll give you an NFTs, man. That's the question. Can we get some silver NFTs going on? Yeah, I mean, we actually tried. We made, we tried to get some near field communication stuff working in in coins, but the metal, of course, messes with it. And then we tried some other things to insulate it to get some sort of NFT thing happening using a near field communication tool. But then yeah, we thought, hey, let's get on with other stuff. Let's move on to the exit question. At what point will we know that the NFTs have gone too far? When people are NFTing like every single meal, like on Instagram, when Hollywood has NFTed every movie and every actor and every important thing that's ever happened, well that when will it be? When will it be enough? What's the straw that breaks the camel's back? Let's go to Adam. What what will do it for you? Bro, we're already there. We're already there. It happened in less than a month. And it is amazing. It happened in less than a month. We're already there. We're at full saturation. I mean, full full, full saturation. If you follow the market at all, you know, punks went down 40% in a week. I mean, you know, it's that kind of thing. The bottom punks were selling at 40% less a week in. But then again, punks were supported. The wealthy people on Twitter own punks, the million dollar punks went in and were buying up ones for 20,000 to support the market. But trust me guys, we haven't even started. We haven't even started. The idea that Josh was talking about a fractionalizing ownership in the NFT space, it hasn't even begun. Okay, when I can fractionize my beach house with little or no resistance, that's when NFTs have arrived. And we're miles, we're years and years away from this. So it hasn't even begun. We're only at we're at step one right now. And it's going to be amazing. It's going to impact every single aspect of our lives, every single aspect. When I can sell my beach house or portions of my beach house to every single person on the planet and some guy in Nigeria can use his Bitcoin to buy an NFT, which represents part of my beach house, that connection between the online and the offline world when that can fully happen. That's when NFTs have arrived. And it'll be an everyday part of our lives. Dan, Eve, when will you know that they've gone too far when they're digitizing every single character and every single song name from Lord of the Rings when they have a card for the ring? Well, that'd be enough. The actual time they would have gone too far is probably when I eventually took turn one of my songs into into an NFT, that would be the actual point. But I was going to say something, it's all one now. I've got the same way about Curio cards. We just got it up to the market there and then we killed the whole thing. Historically significant. We're old. We're interesting. Art, we got cool artists, all those kind of things. And they're like, nah, like the hype has passed. Like it's over. You should have been faster. You know, the bookends. I know. We're all with you. You ended it. I've read it. I said, in the end of the time. Actually, you know, when they've gone too far, I feel I don't think there is too far in this case. It's a technology and it's very, very interesting. We touched on it before. But one of the other use cases that I think is very, very important and I think will become extremely, extremely significant is the fact that deep fakes are going to be extremely, extremely common. I'm already starting to see on YouTube very rudimentary versions of people, you know, basically filtering their face with with Bernie Sanders or so, you know, famous people making them say stuff with accents and sometimes also some software to mimic voices pretty well. It's going to get very, very, very advanced, very quickly. And you are, I think I predict in the future, every part of television will have a constant time code and GPS on the on the frame. And we will be in real times that stamping this stuff into blockchains to either NFT or maybe just hash them. I don't know if they need to be NFTs but at least hash to then prove, okay, Angela Merkel was on this stage at this time and this is actually what she said, you can see the time hash here and it's been an NFT. NFTs probably not needed but this is going to happen in the future. We will constantly see everything. This show here will have a timestamp right across it as a watermark because someone will take my face and make me say something extremely racist. I didn't have to remember when I made the video of using that app, well, I didn't make it. I used an app to make Josh sing a song. That's how easy it is. And it was from a still frame. It was incredible. It's really good. I can't believe it. There's no more or something. Yeah, so here we go. This is going to happen to me now. This is when the viewers take my face. It's going to start right now. Quick timestamp. Someone. Sell yourself or sell your gold. Yeah, sell it to the hills. To the hills. Giving up on physical money. No, no, never. All right. I think we did good on these issues. Let's move on to predictions or story of the week. Dan, are you ready with a prediction or a story of the week? Well, okay. I'm going to, I'm going to, I did have some predictions. I've read it up. But I'm story of the week. We didn't cover. It's not my story. Although I think it's good kind of for the ecosystem. But isn't the, the new SEC chairman has been confirmed. He's like a MIT crypto professor. That's pretty bullish. And yeah, I mean, I think maybe, yeah, I don't know, I think it's good. It's good for crypto in general. But my, so my predictions, they're all absolutely nuts. Although one of them's probably less nuts now that the MIT I realized after when I was researching the crypto professor Gaines Lowe, Gaines Lowe was going to be the new SEC chairman. So the first prediction is that HSE, HSE, HSE, I'm going to be left behind. Oh, no, they are going to list Dogecoin along with, you have your bank, and they'll be like, they're going to, they're going to skip straight from Bitcoin. Then forget about that and be like USD or GDP and Dogecoin. That's my crazy prediction of, then there's a second one, which isn't so crazy now because it's the MIT crypto professor. SEC guys that SEC dropped the XRP lawsuit. And then my third one is that Warren Buffett is going to announce that he's actually changing his will to, upon his death, liquidate all his assets into market buying Bitcoin and burning it. Well, that last one would be fantastic. And in the spirit of Dan's predictions, let's go ahead and ask the Bitcoin predictor ball about the price of Bitcoin this time next week. Will the price of Bitcoin be higher this time next week? There we go. Yes, definitely. That's unequivocal. That's all the way. Josh Shagalla prediction or a story of the week. Go ahead. Well, you know, for years Charlie and Charlie Lee has been saying, hey, come on, when are you going to get, when are you going to get like coin on the Torah? Come on, Charlie. I don't know. Well, soon one day. And, you know, it's been since we launched 2015. And we thought, you know, you know, it would be really good for silver to Bitcoin's gold was if Litecoin could trade for silver on Volto and back. And you can trade between Bitcoin and back to Litecoin. And that's what we did. So we can all celebrate that achievement of the the script coin finally launching on Volto. We had a we had a party, a little party. You're not allowed to have party. So that didn't actually happen to the starsy out there. Didn't happen. We had some beers over zoom. But anyway, yeah, so Litecoin, that's that's the news of the week on Volto. Check it out. If you want to buy some silver, trade some silver by the dip. Why hold it in bank accounts? That's my thing. You know, everyone says, oh, why buy gold? And it's like, what, you really want to go back to Fiat? You idiot. Don't touch that shit. Just get away from it. It's being hyperinflated. If you want to just, you know, take some profits off the table, put into another rare asset. And then, and then you've got it. And then it's insured. It's fully audited. And then when it drops, you can trade it back to crypto. Yeah, stay bank it. Stay, stay Fiat independent. Screw that. I remember a long time ago, I was holding some Litecoin because Mount Gox was going to launch the Midas trading engine. And once they launched that, they would be adding Litecoin. So I was excited. Once Litecoin gets listed on Mt. Gox, that's when it goes to the moon. That's when it goes to the moon. And then it crashed. And then they died over and over again. And then someone sold it all at the top. Adam McBride, do you have a prediction or a story of the week? Go ahead. My prediction, you know, I just see these things coming through my feeds about, oh, just give us your coins and earn 36% annual on your coins or 24% a year. And I talk to people about this and I try to say, look, I've seen this a couple of times in my life. This is called a Ponzi scheme. There's no way anything in this planet can give you that with any sort of certainty before it collapsing. I mean, maybe, yeah, maybe we're in a new world and maybe that we've hit Magicland and it exists, but be very, very careful. I mean, so my prediction would be one of these things is going to go belly up or get robbed or something's going to happen that one of these things is going to turn upside down. And the people who put their coins in there are going to be left holding a bag of nothing. That's my warning shot to everybody out there who's thinking of doing this, thinking, oh, what could go wrong? A lot. That's just my, my gut feeling on this stuff is a lot can go wrong. Just from my rational brain, I've seen it multiple times before in my life and from my perspective, just be careful. My story of the week had to do with Gary Tan. I don't know if you guys know Gary or follow him on on YouTube or whatever. He just talked a little bit about he invested a couple hundred grand with his friend back in the old days when he was starting up Coinbase and turned that couple hundred grand into two billion dollars when it went public the other day. So congratulations to Gary. Everybody check out his channel on YouTube, Gary Tan. He's got quite a really good channel on YouTube about crypto. So he's a good one. Excellent point about the lending as Polonia said, either a bar war nor lender be this above all to thine own self be true. Well, I think we're towards the end of the show here. So everyone check out shop.worldcryptonetwork.com. We've got the Trezzers don't float t-shirt. World crypto network. The mug and the HAL Vinny t-shirt and sticker and all kinds of stuff. And also check out the WCN clips. Yeah, I don't think so. If you don't have time to watch this entire show once a week, there's some great clips there of different topics. It's cut down to 10 minute chunks and it still helps this show out because it highlights some of the good stuff. Yeah, it's like JRE clips. It's just as popular as Joe Rogan clips. So we should have thumbs up those clips too and subscribe to the clips channel as well as subscribe to this channel. And that's about it. I think we're running out of time. So we're going to end this show. Thanks to everybody for joining us. Be sure to give us a thumbs up down below. It's free and you can also push subscribe if it's your first time here. We've done I don't know 250 of these shows. So there's a lot of them. They're weekly. That's really hard. So thanks so much for joining us. Until next time. Bye. Bye. Bye. Bye.